The King of Huayu Science Fiction

Chapter 567 "Suspect Tracker III" Coming Soon and Insider Trading
"...The main reason is that the film market has bid farewell to the era of rapid growth. The box office in the first half of this year is basically the same as last year, 319 billion, or even a few hundred million less. What is the box office of [-] billion? ?
I devoted myself wholeheartedly to the development of domestic films, but was it my fault in the end? "

Hearing Director Chen Da's indignant complaints, Zhang Jingyan said with a heck of a voice: "Okay, don't get cheap and act like a good boy. I'm even envious of the strength of your DreamWorks stock. Don't let people say it's possible? Can you block them?" mouth? Everyone is bad and you are good, it can only be your fault."

Chen Jingxing snorted: "Then let them have a good time."

The capital retreat mainly broke out in the second half of last year. Almost all film and television companies, the valuations of unlisted companies have plummeted, from hundreds of millions to worthless.

For listed companies, the stock discount is light. The other five major studios are all listed companies, and their market value has fallen by 40% to 60%.

It's as spectacular as smashing a bulging Lay's potato chip, and the air is gone.

But it's not that there are no ones who are alone, and DreamWorks is a typical example.

As the only one listed on Hong Kong Island among the six, although it also fell a lot at the beginning, from 1400 billion to 1100 billion, but with the global hit of "Matrix III" at the end of the year, the stock price began to rebound again.

Following the Spring Festival, "Interstellar" and "Inside Out" won the championship and third place, and even broke the box office record of "Spike II", and the market value directly broke through the 1500 billion Hong Kong dollar mark.

No way, although the capital is ebbing, calm non-hot money will favor strong high-quality companies instead.

In particular, DreamWorks has always maintained ample cash flow and is quite restrained in investment. Compared with other companies that like to play capital games with a little money and have a lot of debt, they stand out at a glance.

After the Spring Festival, the stock price fell again, especially after the screening of "Sky Eagle Warrior" was exposed to poor reputation and the public opinion that the adaptation failed, the stock price plummeted within a few days, almost falling back before the Spring Festival, but with the After the release, the box office exploded, and the capital market, which followed the wind, also brought DreamWorks back a market value of 1500 billion Hong Kong dollars.

It has not even stopped the upward trend. After all, the biggest concern of capital for film and television companies is that the future imagination space is unstable.

And "Skyhawk Warrior" is not only related to the current profit, but also the imagination space in the next few years. Although the first part cost four apostles, who made "Skyhawk Warrior" have more apostles?

Even if DreamWorks didn't disclose how many films it will make in the future, most people can be sure that there will be at least three or four more films in this series.

This is the power that builds a successful IP.

There are two series of industrial blockbusters, "The Wandering Earth" and "Skyhawk Warrior", and DreamWorks can't lose money even if it eats its laurels.

This is also the reason why capital quickly gathered in DreamWorks.

It can be said that if we only look at the secondary market, it is even more thrilling than the word-of-mouth and box office trend of "Sky Eagle Warrior".

But colleagues don't think so, after all, the combined market capitalization of the other five major film and television giants is about the same as DreamWorks.

No wonder it doesn't make people jealous.

So at the end of July, "Sky Eagle Warrior" was still an active topic of discussion in the media and the Internet. At the Huaguo Film and Television Capital Summit held in Haikou, Tian Shenxuan, the boss of Jianghe, talked about the bleakness of the film and television industry in the past year. The investment and financing situation, claiming that the winter of Huaguo's film and television industry has come.

In addition, the film market is becoming more and more oligarchy, the winner takes all, the gap between the rich and the poor is widening, and it is becoming more and more homogeneous.

Then public opinion began to ferment, and the blame for DreamWorks's receding capital tide gradually changed from flattering ridicule to real accusation.

In particular, it also combined with the hit "Skyhawk Warrior", saying that DreamWorks produced this kind of brainless film, which used unrestrained special effects to distort the audience's aesthetic needs for movies. If things go on like this, audiences will not buy it without special effects.

DreamWorks' special effects industrial blockbusters severely squeezed small and medium-cost comedies, romances, realism, and literary elements, which is one of the reasons for the industry's cold winter.

The film market is also becoming more and more oligopolistic. In the first half of the year, more than 200 films were released, with a total box office of 320 billion. Among them, three or four blockbuster films led by DreamWorks accounted for one-third of the total. The domestic film market is not diversified. more and more singular.

There is no difference between DreamWorks and Hollywood, which used to bombard the Huaguo market with blockbuster movies. Look at what movies are being made in South Korea next door?
These remarks really have some market, and many movie fans or young artists resonate with them. After all, they are not too interested in special effects blockbusters, and usually like Korean realism and strong critical works.

There are actually quite a few Korean movie fans in China, and they are also very active on the Internet.

In an objective sense, DreamWorks really rarely shoots this kind of realistic subject that deeply reflects human nature, and only one "District [-]" is involved.

Of course, Chen Jingxing and DreamWorks also have fans and supporters, and these voices are basically criticized and ridiculed as soon as they come out.

After all, it's not that DreamWorks doesn't let you make diversified small and medium-budget films, realistic themes, or large-scale works that criticize the country, society, and government.

If you can really shoot it, the box office will not be low. Isn't "The God of Medicine" also worth 30 billion? "Matrix II" didn't affect people becoming a dark horse at the box office, did it?
Even Chen Jingxing's fans found out that "My Robot Girlfriend", which was recently released at the same time as "Sky Eagle Warrior", was invested and produced by Jianghe Films.

Is it your turn to talk about oligarchization and simplification?

Even if you don't watch the so-called "brainless" special effects blockbuster "Skyhawk Warrior", you won't watch your bad movie?
It is too shameless to scold the opponent for being too strong.

Chen Jingxing didn't come forward to respond to this disturbance, he wasn't even too angry, instead he was a little bit ironic.

In the previous life, domestically produced sci-fi blockbusters and special effects blockbusters started late, but everyone was looking forward to more good industrial films from domestic films.

In this world, there is no shortage of industrial blockbusters in domestic films, and new points of criticism have emerged.

Industrial blockbusters have squeezed the space for other types of small and medium-budget films, worrying about the oligopoly of the domestic film market.

This kind of criticism actually exists in Hollywood, and it has always existed, otherwise there would be no independent film movement.

I didn't expect that there would be such a dispute in Huaguo one day.

In the previous life, Huaguo had a shortage of high-quality industrial blockbusters and high-quality small and medium-budget films, especially realistic-themed films, so the Ha Hollywood and Kazakhstan groups converged to criticize domestic films together.

But now, there is no shortage of high-quality industrial blockbusters, and many movie fans and literary youths are even more eager for Korean-style movies.

This wave of controversy later evolved into the Nth "Dream Korea War" in some niche forums. Of course, as usual, the supporters of DreamWorks won a complete victory and occupied an absolute advantage.

It's just that the Douban ratings of Korean movies have added a wave of one-star reviews, and the ratings have dropped to varying degrees.

Although there was a wave of one-star ratings for DreamWorks movies, but because of the large number of ratings, the impact was relatively small.

This is also the butterfly effect caused by Chen Jingxing's wings.

In this plane, the rise of DreamWorks and the rise of the Korean film and television industry are synchronized.

The high-scoring movies and dramas in the past few years are basically divided between DreamWorks and Korean film and television, and the more extreme fans of the two sides will naturally have collisions and conflicts of opinion.

In particular, DreamWorks began to produce thematic films, including "Mekong River", "Spike II" and "Red Sea", as well as "Gravity" and "The Martian".

This kind of confrontation mixed with certain ideology also intensified the conflict between the two groups of fans.

Fans of Chen Jingxing and DreamWorks naturally think that your movie deserves the same score as "Center of the Earth", "Mars" and "Matrix"?
Korean fans also think that you are just flattering and only shoot the main theme, and most movies with happy endings are also worthy of being compared with such profound, so dark, so human, and so critically great realistic works?

Chen Jingxing can only play tricks, play with narrative structure and audio-visual spectacle, at most rise to the philosophy of grand themes, dare not touch the bloody things in reality, without criticism and reflection, it can only be regarded as a commercial film that can change the country The movies are incomparable.

Both sides mocked each other's film and television drama on Douban out of thin air.

Of course, most of the viewers support DreamWorks and don’t like the high praise of Korean films. After all, Chen Jingxing and DreamWorks are both Chinese people and Huaguo companies, and the films are also domestic films.

"...Your fans are more powerful."

Chen Jingxing said modestly: "How can there be so many fans? It's just normal passers-by audience. Movies are made by passers-by, and can they be supported by fans? Mr. Zhang should have quite a lot of experience in the past few years."

Zhang Jingyan gave him a blank look. After all, Huanshi.com has been both a witness and a participant in the ups and downs of the traffic economy in the past few years, and has learned a lot of lessons.

"Okay, don't be poor, "Suspect Ⅲ" will be launched soon, "Elysium" and "Dynasty" must hurry up, now you have become a towering tree, we can rely on you to turn DreamWorks this year .”

"Don't worry, Dreamworks' productions must be high-quality products, so I can still smash my own brand? When have I ever made a bad movie or a bad drama?"

"What about "Once Upon a Time on Earth: Prelude"? Is it really not for sale?"

"Sister Zhang, to tell you the truth, this show involves my future movie plans, so I really can't sell the exclusive copyright."

Zhang Jingyan came here to test whether Chen Jingxing's next movie "Once Upon a Time on Earth" can squeeze out the investment share, and also to confirm with Chen Jingxing the production progress of "Elysium" and "Dynasty".

The number of membership subscriptions of Huanshi.com not only stopped growing but also declined since the first quarter, which is why its stock price has been falling endlessly in recent months.

In order to restore the stock price and increase the market value, Huanshi.com also aggressively bought the exclusive copyright of the three dramas of DreamWorks.

"Suspect Tracker III", "Elysium" and "Dynasty" packaged 9.6 million.

For Huanshi.com, although Dreamworks' dramas are not suitable for audience groups, they have always been very effective in converting members.

Especially now that several major websites, including Station C, are trying to win over the younger generation, even the three groups of young users born after 95, 00, and 05.

DreamWorks dramas are very attractive to the conversion of members of the younger generation.

It's just that Chen Jingxing didn't like to sell the exclusive broadcast rights before. Only the exclusive broadcast rights of "Black Mirror II" were bundled with "The Director's Birth" and sold to Huanshi.com.

As a result of the three-network broadcasting, the conversion effect of members has also been diluted. Station C, which is more sticky to young people, has benefited the most. Penguin Video is backed by the parent company to bundle and sell members everywhere. The income is second, and Huanshiwang has the least benefit.

Therefore, Huanshi.com also intends to directly purchase the copyright of the exclusive broadcast, not to mention whether it is worthwhile. It can really make the number of member subscriptions look better in the short-term financial report, and it will also have a huge impact on the stock price.

Now reality is stronger than people. DreamWorks is investing more and more in movies, and the same is true in TV dramas.

"Suspect Tracker III", "Elysium" and "Dynasty" are really more expensive than each other, and the average production cost of each episode is tens of millions or even higher.

However, the price of exclusive broadcast copyright and non-exclusive broadcast copyright is very different, so Chen Jingxing's original insistence has also begun to loosen.

With Huanshiwang's interest, coupled with the lobbying of his old friend Zhang Jingyan, Chen Jingxing also took advantage of the situation and agreed.

In this way, 9.6 million is enough to cover the production costs of the three dramas, and there is even a profit. Netflix is ​​a pure profit.

Of course, the pressure on Zhang Jingyan who facilitated this transaction is quite high.

Come to DreamWorks every three days to visit the class.

Although Huanshi.com expects to purchase copyright fees this year to exceed 240 billion, it is not easy to extract 10 billion from it. After all, one radish is one hole, and many executives and producers are involved in the fat-sharing activities.

For the tens of billions of copyright purchases every year, the people who deal with them on Huanshi.com can make a lot of money.

Zhang Jingyan is equivalent to taking food directly from other people's mouths. Even if she is the vice president, she has made great efforts to settle the internal situation.

Of course, Zhang Jingyan is not selfless in doing this. She has worked hard for the company, maybe a little bit, but it is mainly out of her own interests.

The equity lock-up period that Zhang Jingyan obtained as the vice president ended at the beginning of the year, and the stock price fell like a dog.

Selling shares at this time is not worthwhile, of course she wants to raise the stock price before cashing out.

9.6 million of the company's money, if the member subscription data can be significantly reversed in the short term, the stock price can rise, and then sell it to earn its own money. Zhang Jingyan is willing to take risks to promote such a cost-effective thing.

As for whether the cost of 9.6 million can be recovered from the growth of membership subscription data and advertising revenue, it is actually not very important.

Anyway, Huanshi.com has been losing money for several years, so what if it continues to lose money?
Of course, Chen Jingxing was also a beneficiary. Under Zhang Jingyan's reminder, he also bought some shares of Huanshi.com at low prices, and waited for the third quarter financial report to be released, and sold them to earn some pocket money.

(End of this chapter)