Chapter 575: Queen: I am innocent!

The huge volume of CJ's scripts was so huge that even Wang Changtian and Boss Zhao, who are leaders in the mainland film and television industry, were astounded.

However, the two had no intention of buying it because adapting it was too difficult.

And it may not be a good shot.

They want a finished film.

The contract details and supplementary details are about the distribution of CJ's share in subsequent film distribution and production.

There are ten in total, all of which are low-budget movies that expect small investments to yield big returns, with investments of no more than 10 million.

Boss Zhao is the most active investor. He wants to invest in every one of them and even wants to invest in all of them.

The return rate of low-budget movies in South Korea is very high.

It is particularly suitable for making financial reports, bragging, telling stories, and increasing stock prices.

CJ only has two big productions in the second half of the year, namely Bouquet CJ's Seoul Spring and Witch 2. Seoul Spring was invested with 1.2 million and Witch 2 was invested with 8000 million.

The production cost of New World was also 8000 million.

2 million, two movies.

For the Korean film market, there is no doubt that they are all big productions!
The break-even point is at least over 400 million passengers, which makes it very easy to fail.

Even though Li Meijin lets him do whatever he wants now, if he gets hurt, the consequences will be very bad.

Li Meijin is, after all, a chaebol, not a good person.

The big production of Korean movies is a big gamble for film companies, directors, and actors.

This is the unspoken rule of Korean entertainment, the Gu-raising system!
If the bet is won, the chaebol will give generous rewards.

If you lose the bet, then just wait to be blacklisted, removed from the list or go film a TV series... Directors basically can't make a comeback, but actors can still become popular again through TV series.

After signing the agreement, the cooperation was officially reached. Li Mingyang celebrated with everyone by drinking. "Whether CJ can hold on depends on your help. I really don't have the money to stabilize the stock price."

"Director Li, don't worry about such trivial matters." Boss Zhao said without hesitation.

“Has the valuation for Bouquet CJ come out?”

"About 500 million."

"So low? Without FBTV?" Wang Changtian asked in surprise.

"I plan to split it into two companies and list them... FBTV and Pangu will be listed together."

Wang Changtian didn't know that Li Mingyang had the opportunity to become the vice president of CJ Entertainment. He smiled bitterly and was very pessimistic about it.

"Instead of splitting up, it is better to find an opportunity for merger and acquisition. It is more time-saving and labor-saving than re-listing, and you can make more money. The risks of listing on the Korean stock market are still quite high."

"The main reason is that Director Li has too many enemies, haha." Boss Zhao laughed.

Li Mingyang rolled his eyes. He didn't want to go public in Korea because he had too many enemies, and all of them were very rich, so it was easy for them to be shorted.

Therefore, the IPOs were allocated in advance to CJ, Guangxian and Huace, and Huace and CJ also followed up on the circulating shares to avoid large-scale short selling.

Just as everyone was imagining the bright prospects of cooperation, Boss Zhao went out to answer a phone call. When he came back, his face was ashen.

"Boss Zhao, what's wrong? Is there a problem in the country?" Li Mingyang asked.

Boss Zhao lowered his head, as if thinking about something. After a while, he said, "Director Li, there is some bad news... The Korean version of Running Man's broadcast rights on Korean TV have been sold to Youku and Penguin."

"How can you sell your exclusive variety show to others when you haven't paid?" Zhang Wei was upset.

"Yes! When I proposed to buy shares, I gave the money to SBS TV station! We even signed a contract!" Boss Zhao looked at Li Meijin, "Chairman Li, how can we deal with this matter? Can we sue?"

"How much did you pay for it?" Li Meijin asked.

"One hundred million!"

Li Meijin was also surprised. One hundred million yuan was not a low price. Korean streaming media did not have that much advertising fees. At this price, even if it became a big hit, it would still be a loss.

"Let me ask about the situation first."

In front of everyone, Li Meijin made several phone calls and quickly found out the whole story.

The reason was that iQiyi wanted to buy the broadcasting rights of the Korean version of Running Man on Bangzi. It doubled the price to 200 million yuan.

SBS breached the contract without a second thought and signed a new contract with iQiyi, selling the Korean version of Running Man's Korean online broadcasting rights to iQiyi.

Later, iQiyi sold the broadcasting rights of the Korean version of Running Man to Penguin for another 100 million yuan.

Now SBS is playing rogue.

Either return the money, or take away the broadcasting rights of the Korean version of Running Man on Bangzi.com for 1 million.

The exclusively broadcast variety show was forced to be sold three ways.

The Koreans have no moral principles and there is nothing we can do about it.

They didn't say they won't refund the money, but as for the penalty for breach of contract, don't even think about it.

The stick can be dragged.

If things get awkward, Zheguang and Baidu behind Huace will put pressure on them and make Huace kneel to SBS...

Li Mingyang was used to this, and just as he was thinking about countermeasures.

Boss Zhao received another call from Gong Yu, who gave her a 8000% discount and sold the broadcasting rights of the Korean version of Running Man to Bangzi.com for million.

This is an incredible calculation.

I spent 8000 million on the sales. If you break it down, I spent million on the penguins and million on the bouquets. In total, I only spent million.

Taking advantage of the penguin and the bouquet.

IQIYI and SBS are making huge profits.

Gong Yu’s business in Korea is much more successful than Li Mingyang expected.

Already able to collude with SBS!
The most annoying thing about streaming competition is...

If competitors buy the copyright of a hit product but don’t follow up, there will be no hit traffic.

Even if you pay a high price to follow up, you will still be at the same starting point and have no advantage.

If you don’t buy it, you will fall behind, and if you buy it, there will be no advantage.

If this continues, it will be blocked little by little by the copyright barriers erected by competitors.

Gong Yu's tactic of selling one drama in three ways is exactly the copyright quagmire in the streaming media war.

"Well, I'll be leaving first. I have a dinner party to attend later." Li Meijin stood up, put on her shawl, and smiled shrewdly.

"Okay, we'll contact each other by phone if there's anything." Li Mingyang stood up and sent Li Meijin out.

When they arrived at the door, Li Meijin asked Li Mingyang to stay and left surrounded by a group of his men.

"Director Li, even at this critical juncture, Li Meijin is still unwilling to sell the copyright!" Boss Zhao said in surprise.

“It’s too big to involve. CJ Entertainment also has streaming media,” said Li Mingyang.

"So what should we do now? Should we buy it or not?" Boss Zhao is quite optimistic about FBTV because she often goes to Hengdian and knows the current model and scale of Huahua Entertainment.

A behind-the-scenes team of more than a thousand people, a low-cost self-made drama, a closed internal breeding ground, and a process of survival of the fittest.

This model is actually based on the same model as the three major film and television academies, but it omits teaching and goes directly to commercialization.

In terms of talent training, quality and quantity, it is far behind the three major film and television academies and top media academies.

However, the team of Huahua Entertainment has almost no contact with the outside world and works behind closed doors, so naturally, those bad habits of the entertainment industry are avoided.

Young people have dreams and have not yet accepted their fate.

The actors used are either themselves or a group.

In other words, it won’t be long before we start, and as long as we can persist, we will definitely be able to produce high-quality, low-cost web dramas.

This model cannot survive in the country.

Domestic audiences recognize celebrities, and TV stations will not buy TV series without celebrities.

But it is particularly suitable for going overseas. There are not many domestic celebrities who are well-known overseas, and they are all extremely expensive.

There is no difference between many domestic first-line stars and extras.

Boss Zhao bought shares in the company using the online broadcasting rights for the Korean version of Running Man. Now that something unexpected had happened, she was afraid that her investment would be lost.

"8000 million is enough to buy anything. This money is enough for me to create a new variety show in Korea. With just one word from me, I can get all the best actors and actresses in Korea to do a variety show."

"That's great! If you don't want to buy it, I'll invest 100 million in you." Boss Zhao said excitedly.

"If one hundred million is not enough, I can invest tens of millions." Wang Changtian also became interested.

Li Mingyang was embarrassed and waved his hands: "I have to shoot two movies in the second half of the year, where do I have the time to do it!"

"First make a rough variety show template, and we will help you deepen it." said Boss Zhao.

"Let's talk about this later... In fact, I had already guessed that Gong Yu would take action on the Korean version of Running Man. Since he has taken action and SBS is willing to return the money, we will invest the money in Southeast Asia, which happens to be your advantage area." Li Mingyang said.

"Piracy is rampant in Southeast Asia, and the biggest advantage there is cheap labor." "There is not much piracy in Singapore, but they have their own streaming media, and the competition is fierce."

Wang Changtian and Boss Zhao expressed their concerns.

Sticks is really a great place to do streaming.

Except for Singapore, the situation in other parts of Southeast Asia is very bad.

The streaming media environment there is similar to that in China, with rampant piracy and large numbers. It is mainly free and all revenue depends on advertising.

"The market is developed little by little. Let's go to Thailand first!" Li Mingyang raised a finger and said firmly: "Don't be polite to them. If anyone dares to stand in our way, we will develop Thailand's tourism industry and force the government to take action."

"..."*3
……

If you don't obey when you go out to sea, you will destroy the tourism industry which is the lifeblood of the country.

Zhang Wei, Wang Changtian and Boss Zhao all hope that Li Mingyang can regain his past arrogance and go against the will of heaven.

Wait until he really wants to do it.

The three of them were speechless.

A Mercedes-Benz business car was driving on the street, Zhang Wei was driving and Boss Zhao was sitting in the passenger seat.

Wang Changtian sat in the back seat.

The three of them listened to Li Mingyang yelling about wanting to do this and that.

Not a word was said.

"Damn it, Painted Skin 2 is doing so well at the box office, but Huayi still hasn't paid the balance. Mr. Wang, please help me get the money. If Wang Dajun doesn't give it, I will stop the special effects of the Chinese Zodiac animals."

"Yu Dong is so dishonest! So many big-budget movies with so many special effects were given to Xu Ke's company, and all that was left for me was a waste of time and effort and no money."

"Ali is nothing. They won't let me use cloud rendering. A kind horse will be ridden by others, and a kind person will be bullied by others! If I'm forced into a corner, I will send warmth to Youku and make Ali bleed!"

"Damn it, 1942 is hiding from me and doesn't even dare to do the special effects for me. When I have money, I will buy a notice to kill it. It's a thing that makes money from national disasters, isn't it afraid of being struck by lightning?"

"Gao Yuanyuan, this woman is so ungrateful. I have helped her after all. It has been so long and she has never come to visit me. I am really blind."

"And that Zhang Zhao, I won't talk about him playing a trick on me. He didn't lend me any money. LeTV has invested 1 billion yuan in more than 20 movies in the past six months, but he won't lend me a penny! And that sci-fi film and television city, I'm really stupid. They built a sci-fi theme hotel opposite the Bouquet Hotel, and they said that one hotel is not enough for accommodation. They are jealous, so they say it in such a high-sounding way!"

"The Hong Kong community held a meeting to surround me, and Yinghuang sent Bai Bin to be my spy... Damn it, this woman has too many thoughts and knows too much. On the surface, she is a spy, but in fact, she is here to disrupt my thinking. She is too despicable."

"It's not that I don't want to take revenge, it's just that the time has not come yet. I will make sure they don't even have the money to make a movie! It's just Xi Mihua!"

Wang Changtian, who was drinking tea, almost choked on his tea when he heard this. "Ahem, you'd better be quiet. They are from Macau. You have already offended a lot of people."

Li Mingyang laughed and said that they were all ungrateful people, and then he stopped talking.

Ten minutes later, the business car stopped in front of the Goodbye Nightclub.

This place used to be very deserted, but today there were dozens of cars parked on the side of the road.

The hotel's press conference is a business event, while the Goodbye Nightclub is a gathering of family members.

Li Mingyang sent the invitation letter a week ago.

Besides Mimi and Tiantian, Shishi.

Everyone is here.

Only Gao Yuanyuan didn't come, and he will remember it for the rest of his life.

The reason is that Kaizi Ge’s movie “Search” is about to be released, and there are a lot of promotional announcements, so he can’t leave.

There are thousands of reasons not to come, but does that mean others are fine?
Zhang Wei took Wang Changtian and Boss Zhao to Huahua Technology.

Li Mingyang went to a nightclub and greeted people he knew.

"Director Li, you're finally here. I thought you weren't coming." Sun Li was sitting at the door. When she saw Li Mingyang coming, she immediately ran over excitedly.

"Of course I will come to the party I organized." Li Mingyang glanced at Sun Li's belly. In her previous life, Sun Li should have given birth to a baby last year.

It's been so long, but Sun Li hasn't given birth yet. Her figure has become even better, and her waist is getting thinner and thinner...

"Director Li, are you still angry?" Sun Li said aggrievedly.

"Why are you angry? Nothing?" Li Mingyang waved his hand and gave a big hug to Old Wu who was walking towards him.

Sun Li curled her lips. Peng Quan felt good for a while, but he offended Li Mingyang deeply.

Sun Li's eyes fell on Li Mingyang. She was as anxious as an ant on hot pan, but she couldn't show it.

There are so many acquaintances, including Sun Honglei, Huang Bo, Zhen Zhidan, Hu Ge, Huang Lei, Xu Zheng, Yan Zi... and Deng Chao.

Li Mingyang called them here for more than just a party.

But to buy stocks.

The ups and downs of Korean film and television stocks are much more exciting than those in the mainland.

There is no one to back him up except Li Mingyang's enemies.

The stock price can skyrocket in one day!

"The listing and financing environment in Korea is pretty good, with large fluctuations and huge returns. If you have confidence in me, buy more and hold on to my Seoul Spring. You will definitely make a lot of money, at least double or triple it!"

Li Mingyang boasted and looked for someone to back him up.

"Director Li's approach is extraordinary. It's difficult to list in China, so he goes directly to Korea to list. Director Li's approach is so smart! So smart!" Sun Honglei praised him vigorously.

"This movie New World is awesome! If it could be released in mainland China, the box office would definitely explode and the stock price would soar!" Huang Bo said exaggeratedly.

"I said back then that Director Li is the best director in mainland China, bar none. Now he's still the best director in the world," Huang Lei boasted with a smug look on his face.

The extreme situation is two smart guys and one stupid guy, they sing in unison, which is very face-saving.

"Come on, let's go. Follow me, Li Mingyang, and you will definitely make a lot of money." Li Mingyang smiled and clinked glasses with everyone, one glass after another, with a smile on his face.

Others quickly agreed and expressed their willingness to sell everything they had to follow him.

I don’t know how much he drank, but considering Li Mingyang’s alcohol tolerance, he felt dizzy and a little unsteady on his feet.

He asked Lao Wu and Xiao Ye to take care of him, and went to an empty box to rest under the pretext of going to the toilet.

pat!

In the dark box, Li Mingyang lay in the corner of the booth with his feet on the coffee table. He lit a cigarette and stared at the ceiling in a trance.

Suddenly there was a strange noise. Li Mingyang looked in the direction of the sound. With the help of the light in the corridor, he saw a slender figure pushing the door open.

"Who?" Li Mingyang asked.

"Director Li, it's me..."

Sun Li's voice...

Li Mingyang said "oh" and stopped talking.

The air suddenly became heavy. Sun Li slowly sat down on the coffee table. The table was a little cold, and she could feel it clearly through her pants.

"Director Li, if you count on celebrities to buy stocks, it will easily collapse."

Seeing that Li Mingyang didn't say anything, Sun Li coughed and continued, "I have a friend who loves to trade stocks. He trades A-shares, US stocks, and Korean stocks. He especially likes short selling because it's very easy... Huayi's original shares have been released one after another. The Wang brothers hold meetings every day to make big promises, but someone is secretly selling them every day. Painted Skin 2 has such a good box office, but Huayi's stock price has actually fallen. Many of Huayi's celebrities are waiting to cash out and have never thought about living and dying with the company. Huayi has been busy trying to stabilize its stock price recently."

"Huayi's stock price fell because they sold their shares of Painted Skin 2. You thought they were in a state of panic, but in fact they were secretly counting money behind the scenes." Li Mingyang said slowly.

Sun Li looked at Li Mingyang who was shrouded in darkness, and suddenly felt a little scared.

"If you don't want to buy it, I won't blame you, now...get out!"

Li Mingyang actually wanted to get lost, but Empress Zhen Huan was so powerful that after the hit drama "Scarlet Heart" ended, "Empress Zhen Huan" surpassed "Scarlet Heart" and has been providing a steady supply of blood transfusions to FBTV.

In the future, when the IP of "Legend of Zhen Huan" is developed, the Empress will have to continue to perform.

"Director Li, the last time I called you... maybe I was too lonely, I couldn't help it, and I did it myself..."

"This is a private matter, don't tell me."

"I don't want you to misunderstand." Sun Li complained.

Li Mingyang took a deep puff of the cigarette, and the sparks from the cigarette butt grew brighter, casting him in a bloody shadow.

Mars dimmed and everything returned to darkness.

Sun Li blinked. She had felt something strange when she saw Li Mingyang today, and now it felt even stranger.

The silent sense of oppression is full of danger, like a poisonous snake, lurking in the shadows, ready to bite someone in the next moment...

"Director Li, there is something that has been weighing on my mind for a long time..."

"Then crush him to death!"

Sun Li was stunned and rolled her eyes. "You really care about me. You even cursed me to death... I didn't mean it. Do your eyes have some magic power? When I saw it at the wedding, I was like a demon. Your image was all over my mind... Deng Chao and that bitch were a couple on the set. We slept in separate rooms a long time ago. I get annoyed when I see him. How could I be doing that and calling you at the same time!"

"I don't care, I want to be alone."

"You don't care, but I do. I am innocent!"

(End of this chapter)

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