The entertainment empire began with Liu Yifei's premarital pregnancy.
Chapter 442 Wall Street Investment Banks
"Tian'ai, your tea-brewing skills are getting better and better!"
Lin Bufan picked up the teacup on the table, took a sip, and then praised it generously.
Of course, Zhang Tianai is only in charge of this one thing now, so of course she has to take good care of making the tea.
Otherwise, if she can't even do this kind of thing well, she won't be qualified to stay by Lin Bufan's side.
"I called you here today for just one thing!"
Lin Bufan looked at Shen Guodong: "Regarding the issue of upgrading the cinema's playback equipment!"
Kyoto Cinema Circuit is currently ranked number one among private cinema chains in China, holding nearly 4% of the domestic market share.
"Guixu: The Spirit Realm of Mountains and Seas" may be released in a year, but there are no 3D playback devices available in China yet.
"For equipment-related matters, you should contact Xu Hongfei directly..."
Next, Lin Bufan will devote all his energy to filming, and may not have time to pay attention to the development of cinemas.
The installation of 3D cinemas is of paramount importance.
It's impossible for Xu Hongfei to develop the equipment so quickly. Although there is existing technology, he still needs to invest in the relevant company.
Issues such as getting these companies to cooperate in producing parts still require integration.
It is estimated that the issue of equity investment will be resolved within about three months. Once this is resolved, with readily available technology, production can begin in less than a month.
At the latest, the finished product should be available within four months.
Of course, Lin Bufan was referring to the playback equipment; as for the filming equipment, the system had already given it to him when he checked in.
"Yes, Chairman..."
Shen Guodong nodded; he knew Xu Hongfei.
Although Kyoto Cinemas is Lin Bufan's business, the shares are not in his personal name, but under Zhewei Capital.
Lin Bufan had someone calculate that only by placing the company under Zhewei Capital could the company pay taxes with minimal effort.
Lin Bufan would never evade taxes, but it's perfectly normal to engage in legitimate tax avoidance within the bounds of the law.
"Chairman, this is the cinema chain's development plan for this year. Please take a look..."
As Shen Guodong spoke, he handed over the project proposal he had brought.
"Okay, put it on the table!"
Lin Bufan nodded slightly.
"Then I'll take my leave, Chairman!"
After Shen Guodong left, Lin Bufan flipped through the development plan for Kyoto Cinemas this year.
Currently, Kyoto Cinema Circuit can be considered the largest private cinema circuit in China, with 19 leading cinemas, 86 flagship cinemas, and 170 regular cinemas.
In total, there are 3029 screens.
In this era, this number of screens is definitely very high, but if we look at it a decade or two from now, it will seem rather ordinary.
More than a decade later, the number of screens in China exceeded 9.
Lin Bufan's requirements were not high. As long as the number of screens in Kyoto cinemas exceeded 10,000, and the market share was at least 10%, that would be enough.
If there are 10,000 screens, that's equivalent to 1.8 million seats. If each movie ticket costs 30-50 yuan, it could generate 54-90 million yuan in box office revenue per day.
This level is sufficient; any more and it will be difficult to control.
……
"It's me!"
"Mr. Lin!"
Upon hearing Lin Bufan's voice on the phone, Bart Elvis quickly perked up.
"How's the DCI thing going?"
Since Lin Bufan learned about DCI last time, he has sent Bart Elvis to communicate with the six major Hollywood studios.
"Mr. Lin, I was just about to report to you that I have already communicated with the investment banks behind the six major cinemas regarding this matter..." Bart Elvis said.
The six major Hollywood studios have connections with Wall Street investment banks.
Or rather, all large companies in the United States, and even the world, have investment banks as their behind-the-scenes shareholders.
Warner is backed by Goldman Sachs; Paramount by Merrill Lynch and Lehman Brothers; Universal by Deutsche Bank and Citigroup; Sony by Deutsche Bank and Citigroup; Fox by News Corporation; and Disney mainly relies on its parent company for funding, with the weakest ties to Wall Street.
Bart Elvis has spoken with Goldman Sachs, Citigroup, and Merrill Lynch, and they have all indicated their willingness to cooperate if he agrees to their Extraordinary Film Company.
Not only will it help Extraordinary Film Company list on NASDAQ, but it will also promise to help Extraordinary Film Company join the DCI, becoming the seventh largest film company in Hollywood.
Goldman Sachs, Citigroup, and Merrill Lynch can represent Warner Bros., Paramount, Universal, and Sony, respectively.
If Extraordinary Film Company can secure four of the votes from the six major Hollywood studios, there will be no obstacles to its inclusion in the DCI.
"Investing..."
Lin Bufan closed his eyes and began to think.
Having Goldman Sachs, Citigroup, and Merrill Lynch invest in Extraordinary Film Company would be beneficial to the company's development.
In the past, if Extraordinary Film Company had not chosen to go public, Lin Bufan certainly would not have given up his shares.
However, Lin Bufan has already decided to list Extraordinary Film Company on NASDAQ, and the best way to do this is naturally to bring in other capital.
Don't assume that being invested in by Wall Street investment banks means you're being taken advantage of.
In fact, the biggest benefit of letting them invest is that it would allow them to work together to boost the stock price of Extraordinary Film Company.
When Extraordinary Film Company goes public, if it does not accept external investment, then the only way to boost the company's stock price is through Strong Wind itself.
However, if Goldman Sachs, Citigroup, and Merrill Lynch were to invest in Extraordinary Film Company, these three investment banks would help boost the company's share price.
"Okay, I agree to this, but the equity will not exceed 5%."
After careful consideration, Lin Bufan gave his answer.
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