Huayu started as a substitute director
Chapter 696 The strong are always strong
Chapter 696 The strong are always strong
If a normal company does this, it may be gone in a few months, because if the funds cannot be recovered in one day, the interest on that day will be considerable.
Many companies make movies through financing.
Including this time, Yutu also used loans to finance the acquisition of Shanghai Xingyi. If it does not pay it back one day, it will have to pay a lot of interest.
Anyway, they will delay you to death, letting you shoot a movie and freezing it, and the funds will accumulate more and more, and a large amount of funds will be frozen.
You don’t know whether the box office money he pledged will be extended from 180 days to 360 days.
"That's it?" Fang Hong said lightly.
"This is already very serious, okay? All the box office revenue from our Spring Festival, Lunar New Year and Qingming Festival releases of "Unbreakable Love Letter" has been held by Wanda and cannot be recovered. With so many investments in movies and a cost of more than 1 billion yuan, this is not serious!"
Chen Zhixi realized that he didn't realize the seriousness of the matter, and said, "If Wanda drags in other Jinyi, Dadi, and Hengdian to jointly strangle us, and we can't get the box office revenue back, the losses will be immeasurable.
We have mortgaged all the box office revenue of these movies to the bank, and the interest generated is not small.”
Anyway, the longer the time goes, the more interest will be generated. Mr. Wang is determined. If you mess with my son, then I will mess with you.
Before, everyone was just under the surface, with slightly fewer screenings, but this is equivalent to directly tearing the relationship apart.
Wanda has a Wuzhou Distribution, which is an alliance whose members include Jinyi, Dadi, and Hengdian, all of which are giants.
However, although these three giants have resource exchanges with Wanda, they do not have to obey Wanda's orders.
It depends on whether the person you are dealing with is worth it. It's hard to say about Yutu because Yutu's movies can sell money, but without audiences they will have no revenue.
Previously, Huayi, Tencent, Weying, and Shanghai Film Group created Huaying Tianxia, but it was stillborn. Huayi collapsed, and it’s still a mess.
It didn’t work in the previous life. Tencent’s ticketing platform didn’t make any progress and was sold. Huayi collapsed and both were not going well.
"Then our movies will not be shown in his cinemas in the future. Tupiaopiao will divert traffic to Wanda's cinemas and send it to other cinemas. Our "The Hero Dominates the World" will also play a role." Fang Hong said.
We have to endure this, it just depends on who can't endure it first.
Yutu's movies are the best-selling ones. If they don't go to Wanda Cinema Line's theaters, the flow of people to their theaters will inevitably decrease, and they have to bear this loss.
In addition, the Tupiaopiao diversion system is to divert as many people as possible to other cinemas, further reducing the flow of people to Wanda Cinemas.
This is the only way we can do it, there is no other way. Yutu is still strong and still has the ability to fight back.
When other film and television producers encounter such a thing, they can only run and call "Dad"!
In fact, Wanda really did this. "I Am Not Madame Bovary" was a blatant commercial competition. Huayi poached a senior executive from Wanda, and Wanda limited the screening of this film to less than 10%.
A war of words broke out between the two sides, but Lao Wang always disdained to pay attention to the two brothers, and it was Xiao Wang who started the war.
But in this life, Fang Hong changed the course of events and nothing like this happened.
They also required producers to bear the cost of accessing the ticketing system, which ranged from 80 to 120 million per film, raising the threshold for small and medium-sized films.
Of course, this amount of money is just a drop in the bucket for a big movie.
For films that are not cooperating parties, a 5% to 8% box office advance payment is collected as a screening deposit, and 30% of the sales of peripheral derivative products are required to be allocated to the theater chain.
Others only charge around 8%, but look how harsh they are on Yutu, they directly raised the deposit to 30%.
What's more, some even force others to co-produce products and directly take away 20% of the profit rights. They are so powerful.
Of course this caused a lot of complaints and also led to interviews, but that’s a story for another time.
Anyway, there has always been unrest between theaters and producers in this circle. They adjust payment terms at will, affecting the cash turnover of producers.
If you are not one of our own, we will give you fewer screening resources; if you are one of our own, we will give you more screening resources.
This is the disadvantage brought about by capitalization. In the past, there was mediation by the China Film Corporation, but now it is gone. We have to rely on their self-discipline and awareness.
Anyway, the evil nature of capital must be beaten with an iron fist before it will behave itself.
"It's not a good idea not to show movies in their theaters. After all, they have so many theaters in good and prime locations." Chen Zhixi felt that it was not a good idea.
If you don’t go to Wanda’s cinemas, your exposure will be much less. After all, they are the largest cinema chain operator.
"Then what should we do? Give me some ideas." Fang Hong looked at her with interest.
Chen Zhixi fell silent for a moment. He wanted to say, "Can't you use some tricks? You have a lot of tricks, don't you?"
But it seems impossible to say this.
"In the end, competition is all about strength. Do you think those conspiracies and tricks can pose a threat to the other side? We have used so many conspiracies and tricks against Huayi, Bona, and Alibaba before. Have we ever defeated them? No, they are still alive and well. In the end, it still depends on strength." Fang Hong said.
Chen Zhixi thought it made sense. When they were weak, they used too many tricks against competitors like Huayi and Bona, but they didn't cause any substantial harm to them.
They only managed to defeat the other party by attacking them step by step. "I tell you, you only use conspiracy and tricks when you are weak. When you become stronger, you will think that those tricks are not worthy of being used. If anyone uses conspiracy and tricks against us now, you can let him try." Fang Hong said again.
"We really won't go to Wanda's cinema for our theater. It doesn't seem harmful." Chen Zhixi said.
"Wanda is a behemoth. Jade Rabbit can't do anything to it, and neither can Chang'e. All we can do is to consume their energy and be prepared for a protracted war." Fang Hong asked her to be mentally prepared.
"We are not afraid of competition, but when will this thing end?" Chen Zhixi said.
"It may take three to five months at the shortest, or a year at the longest. At least we can get through this year." Fang Hong didn't know how things would develop in the future, but he thought Wanda would not be able to hold out for long.
"In that case, let's shift our focus to online dramas, TV dramas, and animation this year," said Chen Zhixi.
Yutu has a moat, and it is not just based on the movie, it’s just that the movie involves a lot of money.
“Who said that? The more this is the case, the more we should focus on movies and let others see that even without Wanda, our movie box office is still very good and we are not losing money.
What's the difference between the shift in focus and Huayi's original film-making? We can't let people look down on us." Fang Hong pointed at the table.
"That makes sense. The strong will always be strong!" Chen Zhixi smiled.
If we don't take it seriously, people will think that Yutu is no longer viable. Then they will come to test it and be instigated by Mr. Wang, which will cause a lot of trouble.
We have to consume the energy, but we can't show weakness.
Although you can’t go to Wanda’s cinemas, there are more than 8,000 cinemas of all sizes in China, and Wanda is not the only cinema operator in the country.
Wanda accounts for less than one-tenth of the market share, but it is true that they occupy the largest share and have excellent locations.
This is equivalent to a loss of about 10% market share!
The outside world is unaware of the news as the two sides are competing. They have no channels to inquire about it, and this kind of thing is only spread in the film and television circles.
"Wanda CEO Wang has taken action against the principal!" This news spread throughout the film and television circles like a special edition.
Everyone is very excited as there is another good show to watch. The curious people are asking around, wondering if it will affect them again this time. They, the star actors, cannot influence the release of the movie.
They are just actors, they act and get paid.
Film and television companies are more cautious, fearing that Wanda or other theater chains will do the same to them.
I just hope these two parties don’t bring them along, they’re too good to be trifled with.
Yu Pangzi of Bona is the most miserable one. He is the younger brother of the principal and is just at the stage of going public. If they were to give him some trouble, it would be difficult for him to go public.
This year's May Day schedule includes "The Phantom of the Opera" and the summer season's "Operation Mekong", all of which are theirs. I don't know whether Wanda will deal with them.
Wanda did not give them any notice, did not say what would happen to them, and the principal did not ask him to participate.
Mr. Wang is still very rational. He always needs some film sources. Yutu’s sphere of influence is quite large now.
If their film sources are blocked, it will still make them feel uncomfortable, especially since they have laid the groundwork for billions of dollars and there are still some film producers.
However, when President Huayi heard the news, he seemed to have found an opportunity and immediately ran to find the principal.
Just when Fang Hong was about to write a report to the Film Bureau, it was about his suggestions on promoting the healthy development of the film and television cinema industry.
This means that theaters are not allowed to abuse their dominant market position.
Then I saw the two brothers break into the Oval Office.
"Principal, Principal." Wang Zhongjun greeted him enthusiastically, followed by the reluctant Wang Zhonglei and the secretary who wanted to stop him.
"It's no use looking for me. I've already contacted Warner for you. You know I don't speak English, so communication is a little difficult." Fang Hong covered the notebook and motioned the secretary to go out.
Thinking they were asking Warner for money, he didn't even pretend and just said his English was not good and communication was difficult. In fact, he didn't even make a phone call.
Wang Zhonglei secretly complained in his heart and couldn't stand hearing such nonsense.
They were fighting a fierce battle with Warner, and the trial was about to begin, but Warner kept delaying the case by citing "jurisdictional objections" in an effort to wear them down.
As a result, they spent millions of dollars on legal fees and owed a lot of debts that they couldn't repay.
"Let's not talk about this for now. Aren't you dealing with Wanda? We can help you." Wang Zhongjun patted his chest.
"Oh, that's how it sounds... No, that's so embarrassing." Fang Hong became interested. He originally wanted to say that being so obedient would be a bit discouraging to others.
"There's nothing to be embarrassed about. We are all on the film and television production side. We have long been dissatisfied with the theater chain operators. They have bullied us too much. We will help you deal with them." Wang Zhongjun said enthusiastically and generously.
However, this made Fang Hong very suspicious. This was a bit too abnormal. He was afraid that the other party was a spy or something, and would stab him in the back. After all, he had done such a terrible thing to Huayi.
"Oh, please take a seat!" Fang Hong gestured enthusiastically. He wanted to hear what they wanted to do first.
(End of this chapter)
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