China Entertainment Times

Chapter 520 Group reorganization! (The third update asks for subscription!)
In the group office, after Tang An returned from Shanghai, he held a group meeting.

The group's top management gathered together, and even the general managers of several of its studios also arrived.

"It's rare for everyone to be so together. In the past year, our company has achieved very good results. The overall performance ranks first among film and television companies in the industry, and the market share is also undoubtedly the first. It is inseparable from everyone's one-year support Hard"

Bang bang bang bang
After Tang An finished speaking, Group President Chen Guofu and General Manager Xu Manyun also spoke a few words.

Without further ado, the meeting begins.

So far, all the shares of the company's movies that have been released have all been credited to the account.

Chief Financial Officer Wang Wei first made a report.

The overseas copyright of "The Martian" is 3200 million US dollars.

With a box office of US$9700 million in North America, the share between the producer and the distributor is about 50%.

Fox took 8% of the distribution fee of 780 million and the publicity fee of 1200 million US dollars, leaving only 2870 million for Hantang.

Overseas box office of US$1.24 can get 3900 million share.

The domestic 14.39 billion distribution share and production share are 43%, a total of 6.18 million yuan.

In addition, various domestic copyrights and pre-roll advertisements were also sold for 2300 million yuan.

The total global revenue of "The Martian" is 11.14 billion yuan.

The film's production cost and publicity cost totaled 2.2 million, with a profit of 8.94 million.

This is also the movie with the highest income and profit in the history of Chinese-language movies.

"Detective Chinatown", which was released during the Spring Festival, has a total domestic box office of 10.45 billion, and a total of 4.49 million yuan in production and distribution.

Domestic TV, video tapes, Internet copyrights, pre-roll advertisements, plus overseas copyrights, the total is 3000 million RMB.

The total revenue of "Detective Chinatown" was 4.79 million, which was lower than that of "Looking for the Dragon" at 5.52 million.

However, the production cost plus publicity and distribution costs are only 1.5 million yuan, and the profit is still higher.

The domestic box office of "The Girl We Chased Together in Those Years" was stuck at around 9500 million, and the 1000 million publicity cost and 950 million distribution share were recovered.

The ratings of the first round of "Why Shengxiaomo" and "Scary Step by Step" exploded, and the broadcasting rights of the second and third rounds were sold one after another. In addition to the online copyright, a total of 2.4 million was recovered.

One year after "Zhen Huan's Legend" was launched, it sold another round of broadcasting rights. A single episode still has a high price of one million yuan, with an income of 7500 million yuan, and it does not need to share with the Beijing TV Drama Art Center.

These revenues add up to a total of 19.28 billion yuan.

Nearly 20 billion funds, but Tudou spent another 10 million for the 5% stake.

Tang An thought for a while and said to Wang Wei, "Let's repay the 8.2 million loan for "The Martian" and the 8000 million loan for "Detective Chinatown" first."

After repaying the 9 million loans, Tang An was left with nearly 10 billion loans mortgaged by those houses.

Wang Wei nodded quickly, "Good chairman."

There are loans and repayments, and it is not difficult to borrow again. Just borrow again when the new film is filmed, and use the bank's money to make money.

Tang An looked at the crowd, and smiled again, "No debts, no debts, please tell me about the company's current projects, Mr. Liu."

Liu Debin nodded and reported on the company's current projects.

There are a total of 5 TV dramas under preparation and filming, ranging from 40 to 60 episodes, with a total cost of 2.3 million yuan and a loan of 1.2 million yuan.

The films invested include "The Master of Hypnotism", with a total investment of 2500 million RMB, of which Xu Zheng Studio invested 30%.

The second script of "Ghost Blowing the Lantern" has been written and can be put into filming. The production cost is still as high as [-] million. This part can be loaned. With the performance of "Looking for the Dragon", the [-] million loan is no problem at all.

"The Stolen Five Years" company invested 75%, 1000 million, and the filming will start soon.

The production cost of "囧囧 in Hong Kong" is estimated to be 6000 million, which is also a loan. It can start after Xu Zheng finishes "The Master of Hypnotism".

After so many projects, there is still 4 million cash in the company's account, and the money is gone.

Li Nan, director of the distribution department, also reported the release dates of the films released by the group this year.

"Master of Hypnotism" June 6th, the Thursday before the Dragon Boat Festival.

"Little Times" summer file in early July.

"The Wind Listener" is on the summer file in early August.

"Cold War" National Day file at the end of September.

"The Stolen Five Years" is before Double Eleven in November.

"Fast Book: Homecoming Happiness" November.

The second part of "Ghost Blowing Lantern" will be in mid-December for the Lunar New Year.

"Hong Kong Jiong" 2013 Spring Festival file.
"Chairman, this is the tentative schedule for the 8 films, and we will coordinate with each other for details."

Li Nan said with a smile on his face.

8 movies, from June to next year's Spring Festival, occupy all the popular schedules.

There are absolutely not many companies in China that have the ability to release all the movies in all the popular schedules that span more than half a year, and they are not the kind of three-no movies.

This is enough to prove the company's current strength, otherwise there would not be so many movies looking for distribution.

Tang An nodded and said, "For the 8 movies, the propaganda department will start to come up with their own promotional plans from now on, make preparations in advance, and don't be in a hurry when the time comes."

Zhu Mo said, "Chairman, don't worry, we are already making preparations."

After reporting one by one, it was the turn of Wu Feng, the newly appointed deputy general manager of the investment development department of the group, an investment manager poached from CITIC Group through a headhunting company.

Although he is only an investment manager and low-level management, he has been engaged in Internet and financial investment for many years.

Finally, regarding the matter of several major studios, each of the studios of the group injected 2000 million yuan, and they have already said hello in advance, and there is no objection, although their shares will be diluted.

The shareholders of their studio can also inject capital, and the specific ratio will be discussed separately.

Finally, Tang An announced several personnel appointments.

"It has been two and a half years since the company was established. I am very glad that no one has left since its inception, and worked together to develop the company to its current scale."

"Now that the company is on the right track, the organizational structure of the group has been readjusted, and several new companies will also be established."

Hearing Tang An's words, everyone cheered up.

Seeing that the person in charge of the investment development department who just took office was directly promoted to the deputy general manager level, the directors inevitably had some ideas.

Before they could think too much, Tang An began to announce.

"The group has set up a film business department, with Li Nan, the director of the distribution department, as the deputy general manager of the film business department, which consists of a production department, a publicity and marketing department, and a distribution department.

The director of the production department is Zhao Jun, the former deputy director of the production department.

The director of the publicity and marketing department is assumed by Zhu Mo, the former director of the publicity department, and the public relations department is merged into the publicity and marketing department.

The director of the distribution department is Cheng Hai, the former deputy director of the distribution department.

The deputy general manager of the TV drama business department is still held concurrently by Zhuang Liqi, the vice president of the group.

Ya Ning, director of the development department, was promoted to deputy general manager of the development department.

Liu Debin, director of the production department, will serve as the general manager of Hantang Film and Television Production Company, a wholly-owned subsidiary of the group to be established.

Tudou.com will soon establish Tudou Group, and the company and Tudou Group will jointly establish Tudou Films.

Guo Jianwei, deputy general manager of the group, will serve as the general manager of Tudou Films. In addition to film and television production, the new company's main business will be the development of online dramas, online movies, animations and online variety shows.

In the past two years, Qiansi Advertising Company has acquired many other advertising companies and reorganized into Qiansi Media Group, with Zhang Changsheng, the general manager, as the president of the group.

Hantang Cinemas was reorganized into Hantang Cinemas Management Group, with General Manager Liu Ge serving as Group President and Deputy General Manager Qu Bo serving as Group Vice President.

It will set up six theater management companies in Chang'an, Jingcheng, Modu, Guangzhou, Chongqing, and Jiangning, which will be responsible for the theater management affairs in each region and attract high-quality movie theaters to join.

The prototype of a large group already exists, except for the CEO and CFO.

With Tang An as the chairman, there is no difference between the president and the CEO, and the financial director does not need to participate in the company's decision-making, so there is no need to be promoted to CFO.

More than half of the management promotions can be regarded as happy.

As for the managers and team leaders one level below the director, the new Hantang Film and Television Production Company and Tudou Films need a lot of management, and anyone who wants to go is welcome.

The establishment of Hantang Film and Television Production Company is mainly to cooperate with the group's subordinate studios and other film and television companies. Otherwise, the seven major studios would count as one film and television drama every year, that is, seven.

Coupled with some projects controlled by the group, there are at least ten film and television dramas every year,

It's not that I'm too busy, it's too complicated, it's easier to separate it.

Of course, among the projects controlled by the group, the group participates in the investment, such as "Ghost Blowing the Lantern", "囧 Series", "Tang Tan" and so on.

Hantang Film and Television Production Company is wholly-owned by the group, with a capital injection of 4000 million yuan.

In Tudou Films, Han Tang and Tudou accounted for 70% and 30% of the shares respectively, with a total capital injection of 1 million.

The group's reorganization was completed in an instant. After Tang An said a word, the people below will have to work for another month.

But fortunately, this time is not too busy, there is time to toss.

Now, the group has 1.68 million cash left on its books, but the two films "Ghost Blowing Out the Lantern" and "Hong Kong Lost" can still borrow a little more money.

Relatively holding Tudou Group, Hantang Literature, absolute holding Tudou Films, plus Cinema Group, Qiansi Media Group, Hantang Film and Television Production Company.

UC8% stake, Weibo 1% stake

Tudou is valued at nearly 50 billion, and Han and Tang literature is valued at nearly 30 billion. Adding all these together, Tang An now controls more than 200 billion in assets.

In terms of personal net worth alone, Tang An is now even enough to squeeze into the top [-] of Forbes Huaguo.

PS: I finally stayed up all night and finished writing the third update. The author who is struggling with his eyelids is begging to subscribe, 嘤嘤嘤~~~
(End of this chapter)