China Entertainment Times

Chapter 548 General Assembly, Expansion

It has been nearly four months since I left the capital. Although I have to ask about the company's affairs every few days, some things are also handled remotely through the assistant.

But people didn't come in person, so many things couldn't be decided.

At the beginning of November, Tang An returned to the capital without taking a break, and immediately drove to the company.

The whole group has already made preparations in advance. More than 30 high-level executives, plus the bosses of the major holding companies, have all arrived.

Waiting in the big conference room early in the morning, Tang An opened the door and heard dozens of voices saying hello.

"Everyone, sit down."

Tang An waved his hand and sat down on the main seat.

"It's been almost four months. During this period of time, I feel relieved that everyone is here in the company. Thank you for your hard work. Let's start."

Save the nonsense for the evening banquet, and get straight to the point.

The deputy general manager of the film business department first reported the few films released in the past four months, as well as their income.

First of all, "Master of Hypnotism", which was released first, had a domestic box office of 3.85 million. The company recovered 3850 million distribution shares and 3500 million publicity costs. The remaining 9200 million had to be paid to Xu Zheng for 500 million shares and 30% for Xu Zheng's studio. , the group still has 8850 million, the total share is 1.62 million, the cost of production and publicity is 5250 million, and the profit is over [-] million.

"Little Times", with a box office of 5.1 million, the company can recover 3000 million publicity fee and 5100 million distribution share, with a profit of 5100 million.

Although "The Listener" released in August has a poor reputation, but with Liang Chaowei and Zou Xun starring two stars, coupled with the support of publicity and theaters, it won 8 million box office in 4 days in the first weekend, and the total box office reached 8600. 3.2 million.

Hantang Media controlled the distribution, and Meiya jointly issued, and recovered 2000 million publicity and distribution fees and 2560 million distribution fees, with a profit of 2560 million.

Throughout the summer, in addition to several movies in July, there was also "Ice Age 8" which won 4.8 million in August.

The action blockbuster "Jason Statham" starring Jason Statham won 1.02 million.

The domestic animated film "I Love Big Big Wolf" won a box office of 1.1 million, and animated films for children have begun to become popular.

The little spider "The Amazing Spider-Man" only won 4.1 million box office.

"The Disappearing Bullet" 1.4 million, "Border Situation" 3000 million.

"Prometheus" 2.4 million.

The last part of the Batman trilogy, "Batman: The Dark Knight Rises", failed to hit the domestic market as well as overseas markets, and only won a box office of 3.8 million.

The overseas legions in the summer file are a bit shabby, not even a [-] million level one.

Two months later, "Little Times" still ranks as the summer champion with a box office of 5.1 million!
Tang An said with a smile, "I didn't expect the champion of the summer file to belong to our company again. It's been going around for two or three years."

Cheng Haidao, director of the distribution department, "Chairman, our company's distribution capabilities are definitely the strongest among private companies, not to mention we have several cinema allies."

"There is no strongest, only stronger."

Tang An shook his head and said, "No matter where we are, we must look forward. If we don't make progress, others will catch up."

The once-popular Nokia mobile phone has also begun to go downhill, and the position of the boss is not guaranteed, and it has plummeted.

As the president of Nokia China said, we did nothing wrong, but we lost.

Cheng Hai nodded quickly, thought for a while and then said, "Chairman, it seems that LeTV doesn't want to hand over the distribution of the second part of "Little Times" to such a company, and wants to co-publish it."

"One by one, don't rush."

The success of the first film naturally laid the foundation for the subsequent sequels. The number of movie fans and book fans is very objective, and it is normal for the other party to have this idea.

Tang An shook his head and asked him to sit down, while Li Nan continued to report.

At the end of September, the police blockbuster "Cold War" starring Guo Fucheng, Liang Jiahui, and Liu Dehua ushered in the fiercest competition in the National Day file.

During the same period, there were 6 relatively competitive films released within five days, both Chinese and imported films.

In the end, "Cold War", as one of the best gangster films in recent years, swept the National Day file with a box office of 4.6 million yuan!
4.6 million, a full 2.5 million higher than the original [-] million.

Tang An was not surprised by this statistic. Eucalyptus’s distribution in the mainland was at the top of the sky and it was ranked in the second echelon. It was completely incomparable with several major companies and was not at the same level.

"The Wind Listener" was originally released by the Moying Group, and its box office was only 2000 million lower than that of "Chill" released by Eucalyptus. The quality and reputation of the former were completely lower.

Now that the Han and Tang Dynasties have been replaced with more than one level of publicity and distribution capabilities, the box office is normal.

Among the other movies on the National Day file, the historical blockbuster "Tongque Terrace" starring Zhou Runfa and Liu Yufei will have a box office of over [-] million.

The Hollywood blockbuster "Looper" has a box office of 1.4 million.

The box office of "Double Exposure" starring Fan Binbin has just exceeded [-] million.

The love suspense movie "Dangerous Liaisons" starring Zhang Ziyi, Zhang Dongjian, and Zhang Bozhi won a box office of 7000 million.

Invested and released by Huayi Brothers, the martial arts blockbuster "Tai Chi 1: From Zero" starring Peng Yuyan, Yang Ying, Liang Jiahui, Feng Shaofeng, Shu Qi, Feng Delun, Wu Yanzu and other stars reached a box office of 1.7 million.

The male protagonist of this film is an Olympic champion, and Tang An signed him when he was in Huayi, so I don't know what Huayi is thinking.

With a production cost of 6000 million and a box office of 1.7 million, Huayi can barely recover the cost.

Moreover, this is two episodes, the total cost is 1.2 million, and the second half is also 6000 million. It was just released a week ago, and it is estimated to barely exceed [-] million.

Word of mouth is so bad, I don't know where the confidence comes from to continue with the second part so quickly.

The 4.6 million box office of "Cold War" recovered 3500 million publicity costs, plus 3680 million distribution revenue.

In addition, the group has sold the first round of broadcasting rights for two TV dramas, recovering the cost of 1.4 million.

Add up a total of almost 100 episodes, and the price of a single episode is 140 million, which is incomparable compared to those popular TV series with a single episode of 200 million, but it is not bad.

In addition, the company's previous TV series have successively sold several rounds of broadcasting rights. There are several popular TV series such as "The Legend of Zhen Huan", "Why Shengxiaomo", and "Scary Step by Step", even after a year, they are still Very valuable.

Those TV series add up to another 1.3 million in revenue.

In terms of variety shows, the company and Vipshop jointly acquired Dongfangfengxing Group, and Vipshop acquired its own cosmetics business and a wholly-owned cosmetics company.

The company won the media business of Dongfang Fengxing Group at a price of 8600 million US dollars. This national first-line variety show production company was merged into the group's variety show business department. The former chairman Li Jing served as the deputy general manager of the variety show business department.

In addition to the original Dongfangfengxing programs, the Variety Show Business Department also won the copyrights of several well-known Southeast Asian variety shows according to Tang An's request.

As for "Running Man", the investment was replaced by the exclusive copyright of the Internet, which was sold to Tudou, but at that time the show was not popular and did not have much money.

"The Voice" is also an investment in exchange for the exclusive copyright of the Internet.

The film and television drama is a profit of 5.2 million.

Next, I reported on the projects of the Group, Tudou Films, and Hantang Films.

The film and television dramas being filmed by the group are progressing smoothly. The Lunar New Year blockbuster "Ghost Blowing the Lantern: Longling Miku" and the Spring Festival "Hong Kong Lost" are all within expectations.

There are also companies such as Qiansi Media, Tudou Group, Hantang Cinemas, and Wuzhou Distribution.

Finally, Wu Feng, deputy general manager of the investment development department, mentioned Fengxing.com in addition to the Internet companies the company invested in.

The control over Tudou is not reliable, it is only a relative holding, and it is prone to changes at any time.

It would be a good opportunity to inject capital through the acquisition of another video site.

"Oriental Pearl is willing to sell Fengxing.com?" Tang An asked.

"I made a preliminary contact, and the other party has this willingness, so it depends on Tudou."

"What is the approximate valuation of Fengxing.com?"

"Less than [-] million US dollars, mainly in the hands of Oriental Pearl and several other funds."

Tang An nodded and looked at Zhou You, who had come to attend the meeting, "Mr. Zhou, after returning, notify the major shareholders to hold a board meeting to discuss the group's capital injection into Tudou."

Acquisition is a good thing. The bigger the market share, the further away it will be from surpassing Youku, and the benefits it will get will double.

The meeting lasted for three hours, and the matter of being absent during this period was finally dealt with.

The income during this period plus the group's own working capital was 6.5 million, but nearly 6 million was spent on the acquisition of Dongfang Fengxing.

A mature media company that integrates development, production, publicity, marketing, advertising, distribution, and has a lot of connections with major TV stations. Several programs are at the top of the domestic variety show rankings, and the money is worth it.

At present, the group still has a 4 million loan for "Interstellar", a 5.8 million loan for the acquisition of 3%% shares of China Literature, and a 1.2 million loan for several TV series.

A total of 8.2 million loans, and the one billion loan owed for two or three years.

After the meeting, Tang Anhui's office began to process documents one by one. In addition to the general direction, some details also needed to be looked at.

In the afternoon, Tang An called the shareholders of each of his studios to hold a meeting.

(End of this chapter)