China Entertainment Times

Chapter 622 Stupid donkey! (The first update asks for a subscription!)
"Mr. Zhang, Mr. Yu, sorry for being late."

Zhang Qiang shook hands with Zhang Yong and Yu Yongfu.

"Boss Mr. Zhang, please take a seat."

Zhang Yong smiled, asked him to sit down, and introduced Yu Yongfu.

The two greeted each other. Although Zhang Qiang had a bad feeling in his heart, he was not in a hurry to ask questions.

Zhang Yong came to the capital from Ninghang and still had a lot of things to deal with, so he stopped beating around the bush.

"Mr. Zhang, you must know the news that the company is going to integrate the cultural media industry. Now we just need to wait for the negotiation with Hantang Media to end and get the shares of Ahli. Then we will formally transfer NC, Youku, Ahli Films, Dali Other cultural and media-related companies such as Maiwang, Evasion Piao, etc. merged into a large entertainment group.”

Zhang Yong, the chief operating officer of NC, came here in person, which is enough to explain the importance of the big entertainment group in Ahli.

A big call shows the importance of the big entertainment group in the future. The [-] billion entertainment empire will be a pivotal piece of the puzzle of Ahli's business sector, and the big entertainment group will be the eighth largest business group of Ahli.

At the same time, it also affirmed Zhang Qiang's contribution over the past year, allowing Ahli Films, an upstart in the industry, to gain a firm foothold in the film and television business.

However, saying so much is just foreshadowing, and the last sentence is the topic.

Zhang Yong paused, and said, "After discussion by the board of directors, Mr. Yu from NC will be the chairman and CEO of Dawen Entertainment Group."

Zhang Qiang did not have any accidents, and Yu Yongfu's appearance here today is enough to explain the situation.

Zhang Qiang felt powerless in his heart. After doing so much, he led a super dark horse in the top ten of the annual box office in the first year, but the last peach was picked by others.

He didn't say anything, just nodded.

Ah Li's board of directors has decided on the matter, what he said is useless, even Zhang Yongshen can't decide.

Unless he can meet that man and convince him.

But this is not over yet, what Zhang Yong said next made Zhang Qiang completely angry.

"Mr. Shao will no longer serve as the chairman of the board of directors of Ahli Films. Fan Luyuan, the vice president of Zhifubao business group, will serve as the chairman of the board of directors and concurrently serve as the CEO. Mr. Zhang, you and Zhang Wei will be transferred as co-presidents."

After saying this, Zhang Qiang was a little unbelievable. Not only did he not get the CEO position of the new group, he even failed to keep the CEO position of the raccoon film industry.

It is impossible for Zhang Yong to joke about this kind of thing, Zhang Qiang suppressed the doubt and anger in his heart, and forced a smile.

"Fan is always a great contributor to Zhifubao, but Zhifubao is in the Internet financial industry, and he is not very familiar with the business of film and television after all."

"Mr. Zhang is right, but now is the Internet age, any industry is related to the Internet, and the film and television industry will also usher in a big change. Ah Li Films will develop in the direction of a new type of entertainment company, which is almost the same as the current film and television industry. Big companies are different models”

Zhang Yong also explained patiently, after all, Zhang Qiang was dug from China Film Group, and he did a good job this year.

After passing the first year of the company's establishment, it is unreasonable to demote the biggest hero to one level, and it must be appeased.

He said a lot, but Zhang Qiang didn't listen to them all.

The general meaning is that the development model of Ahli Films is not the old-school film companies such as Hantang and Huayi.

The subtext is obvious, the new film and television company does not need an old-school filmmaker to manage, he has to step aside.

Zhang Qiang left the Wangfu Hotel full of anger. He had been fooled for more than a year!
He finally understood that Ah Li was using him from the beginning to the end, using him to prepare Ah Li Films, and when it stabilized, he immediately kicked him away.

Zhang Qiang gritted his teeth and said to himself, "What a good one to kill the donkey!"

At this time, he remembered what Tang An said a few months ago. Tang An really hit the mark. He worked hard and became that stupid ass!

The summer holidays continued bustlingly, but the situation has basically become clear.

"Wolf Warrior" has exploded in word-of-mouth, and under the publicity of patriotism, it has become another hit.

The summer file is now "Pacific Rim" and "Wolf Warrior".

"Interstellar" has maintained a very good trend every day. The Monday of the fifth week is still only 47% lower than last Sunday. It won 1500 million on Monday, and the total box office just exceeded 18 billion.

Slowly reaping the box office, basically there is no need to spend too much resources on publicity, just maintaining a popularity is enough.

"Vegetarian Chicken" and "Tomb Raider Notes" are slowly falling behind, and the situation is very clear, but the latter still occupies a lot of filming.

Movies such as "A Romantic Affair", "A Surprise Along the Way", "Made No. 2", and "Guild War" that will be released next will not have any impact.

"Jurassic Park" and "Monsters University" are two weeks away.

Tang An didn't have to go to frequent road shows any more, and took time to deal with the company's affairs.

On Tuesday afternoon, Hantang Media ushered in a negotiating team of Ahli, a team of more than 20 people headed by Ahli's chief financial officer Cai Chongxin.

Regarding the acquisition of the 29.6% nc shares held by the group, Ah Li has been talking back and forth for more than a month.

When it comes to such a huge number, Ma Yun personally intervenes.

It is not an exaggeration to say that it has been ground down bit by bit.

This acquisition not only involves Ahli, Hantang and NC, but also Sogou and Tiantian Dingting Music under Sohu.

The specific plan is that Ahli will exchange 48.8 billion in cash and 10% of Sogou's shares in exchange for 20% of nc shares held by Hantang Media.

Han Tang Media purchased another 1.5% of Tiantian Tingting's shares from NC at a price of 20 million.
The valuation of nc in the acquisition case is 270 billion, and Hantang Media still holds 9.6% of the shares and retains a seat on the board of directors.

用20%的股份换了47.3亿现金，以及搜苟10%股份、天天动听20%股份，涉及金额近50亿。

Several legal and financial personnel from both sides of the thick contract read it for more than half an hour, and signed it after confirming that there was no problem.

"Mr. Cai, it's a happy cooperation. I wish your big entertainment group success."

With nearly 50 billion in cash, some shares and a seat on the board of directors are reserved, and NC's huge flow can also be divided.

Cai Chongxin and Tang An shook hands, and said with a slight smile, "Congratulations, Director Tang, with this fund, your company can make a big splash."

The acquisition did not go well, at least not for Cai Chongxin.

Sogou's shares are worth it. Sohu intends to cooperate with Fujixun to incorporate Fujixun's Soso, so ** can't get involved.

However, music is an important part of the big entertainment group. Originally, when the big entertainment group was established, it would start to form Ahli Music. The primary goal was Tiantian Dingting and Xiami Music.

If Tang An hadn't insisted on it, and NC was the most important part of the big entertainment group, the deal might have been lost.

Tang An smiled and said, "This money is not enough to repay the bank loan. If "Interstellar" could not be settled soon, my capital chain would be broken."

Cai Chongxin shook his head, "Director Tang is joking, your company has broadcast five TV dramas in the first half of the year, the two variety shows "Extreme Challenge" and "Wonderful Flower Talk" are on the TV station and the main Tudou platform, "The King of Masked Singer" It’s not even half as good as “The Voice.”

Throughout the first half of the year, Hantang Media maintained an industry-leading position not only in the film business, but also in variety shows and TV dramas. Five star TV dramas and two popular variety shows completely surpassed all peers.

This is completely different from Ahli's strategic direction. The success of Han and Tang Dynasties was based on content, while Ahli Entertainment Group is not focused on content, at least content is not the most important.

Otherwise, Fan Luyuan, an outsider, would not be allowed to serve as the chairman and CEO of Ahli Pictures, while Zhang Qiang, a top-notch professional, has changed from CEO to co-president.

Cai Chongxin didn't know if Ma Yun's direction was right, but Ma Yun had the final say and could only follow him.

Besides, Ma Yun has been succeeding for more than ten years.

After signing the contract, Tang An sent Cai Chongxin to leave in person, and said over and over again as he walked, "Mr. Cai, why don't you let me have Xiami Music too. You can make a price and I promise to satisfy you."

Cai Chongxin shook his head and said, "Director Tang is joking, Xiami Music is not from us, you should talk to them."

I'm going to talk to ghosts. Four of the five founders came out of Ahli. Who doesn't want to return home!
After probing a few more sentences, and confirming that there was no hope, Tang An didn't say much anymore. Today's harvest is enough.

After seeing off Cai Chongxin and his party, Tang An immediately called Xu Manyun, Wu Feng, and Wang Wei to the office.

"Mr. Wang, how many loans do you have?" Tang An asked.

"A total of 33 billion, one billion of which is mortgaged by real estate, and there are still a few months before the repayment date." Wang Wei said.

Tang An nodded, and asked again, "How much money is in the company's books now?"

"The income from TV dramas is 4.5 million, and the co-productions with the four subsidiaries have all been settled. In terms of variety shows, the previous dozen programs of Dongfang Fengxing and the new ones have now settled a total of 3.5 million. The income of "The Breakup Master" is 1.7. 57 million has also been credited to the account, plus all kinds of other things, the total is [-] billion in cash." Wang Wei briefly reported.

It's only 57 billion, Tang An thought for a while and said, "Let's call them the 4 million for the acquisition of Tiantiandongting, and don't rush to pay back the money to the bank."

Tiantiandongting has won 77% of the shares, and the management has left 13%.

With the introduction of policies by the Copyright Bureau, digital music has great promise, but not many can be won. Kugou is in the hands of Fujixun, and the founders of Xiami Music are all from Ahli.

But Tiantian Tingting is enough, after all, there are already [-] million users.

Later, Ahli came up with a stupid trick, importing Tiantiandongting users to Xiami Music, only as a simple music player.

Xiami Music, on the other hand, is a comprehensive music platform, although Xiami Music is an earlier provider of algorithm recommendations, music communities, and playlists.

But Tiantian Tingting is more famous, with [-] million users and Ahli’s traffic, it can completely wrestle with Koukou Music and Kumao, and those community and algorithm recommendations can also be moved step by step. What are some users afraid of?

As a result, due to Ahli's wrong positioning, Xiami Music and Tiantiandongting both went downhill.

The bank's loan will not be repaid, and there will be a lot of money to spend. The more than 50 billion will be spent soon.

The money spent is worth the money, otherwise there is a fart.

Chief Financial Officer Wang Wei and Xu Manyun also have no objection. "Interstellar" has a domestic box office of 20 billion, which is nearly one billion in revenue, and there is a lot to do overseas.

Tang An does not interfere with the operation of the subsidiary company, but only uses his advanced vision to put forward some constructive suggestions.

"Inject 5 million into Tiantiandongting, and purchase copyrights from domestic and foreign companies such as Universal, Warner, Sony, Rolling Stone, Huayan, Trust, and Media Asia. Within a year, I want to see songs with at least 300 million songs in the music library. Exclusive Copyright."

Take [-] million at a time to buy copyrights. Of course, you don't buy song by song, but buy a lot of packages from company to company.

No matter what industry you are in, what you are fighting for is users, products, and channels, all of which are indispensable.

In the era of rampant piracy, Tang An was also extremely decisive in purchasing music copyrights with [-] million yuan.

Financial resources and channels can't compete with Tengxun, so it can only rely on foresight. With the [-] million users of Tiantian Tingting, it can also bite a large piece of meat in the digital music industry.

But Tang An knew when the music began to be legalized, others didn't know.

Chen Guofu will leave the company next month, and Xu Manyun is basically managing the company temporarily. She immediately raised questions.

"There is no need to buy copyright now. If you spend a lot of money to buy copyright, you will lose too much every year."

Tang An couldn't explain this either, he couldn't say that he could see the future.

"Copyright formalization is a matter of time. From video sites to music platforms, the country continues to move. It is estimated that it will be in the next year or two. It is completely worthwhile to use these several hundred million yuan to exchange opportunities."

(End of this chapter)