China Entertainment’s rescue plan is hard to come by

Chapter 264 Theater Plan [Please subscribe]

Officially starting work on the eighth day of the lunar month.

Early in the morning, Sun Yi dressed neatly and walked into the company.

Compared with the deserted situation during the holidays a few days ago, the company is now bustling with people. "Happy New Year, Mr. Sun" and "Hello, Director Sun" were greeted one after another along the way.

When Sun Yi went upstairs, because the stairs were not very spacious, several new recruits who looked unfamiliar made way for him with formal expressions, which made him a little uncomfortable.

However, this also made him realize that it was indeed inappropriate for the entire Starry Sky Image company to be crowded into this two-story building.

After going upstairs, he first went to Yang Fan's office.

"Brother Fan, it's a good Chinese New Year."

Yang Fan glanced at Sun Yi with disgust and said to him in a rather unkind tone:

"I'm not good. I haven't been able to relax for a single day this year. I've been on the phone every day. Let me count them for you."

As he spoke, he raised his fingers towards Sun Yi.

"People from film and television companies, advertising companies, TV stations, business partners, and even people who submit scripts to solicit investment have come to me. Look, how can I live a good life this year?"

Sun Yi touched his nose, laughed sarcastically, and thought to himself.

If you weren't here, all these people would be looking for me, so what would I do?

At that moment, he took out a cigarette from the cigarette case on the table, helped Yang Fan light the fire, and said comfortingly:

"Oh, thank you for your hard work, Brother Fan. With Brother Fan here in the company, I can rest assured. You are our starry sky's Dinghai Shenzhen, the reincarnation of Zhuge."

A series of top hats directly broke Yang Fan's defense, shook their heads, smiled and cursed at Sun Yi:
"Why did I get on your pirate ship in the first place?"

Sun Yi didn't say anything, but instead smiled and held his hand.

It can be said that the relationship between him and Yang Fan started at a young age. After a few years of contact, they are no longer just partners. It is not an exaggeration to say that they are brothers.

So on weekdays, it was normal for the two of them to brag and fight, and quarrel with each other.

Yang Fan pushed the ashtray in front of Sun Yi and said:
"I said, you kid, you look so happy this New Year, what good things have happened to you?"

It's a good thing, of course it's a great thing, but you can't tell Yang Fan, lest he get jealous.

Thinking that his girlfriend would be able to return to the capital in the evening, Sun Yi's face burst into laughter, and he shook his head and started a confrontation with Yang Fan.

"Isn't this a good thing? It's not enough for outsiders."

Seeing Sun Yi's appearance, Yang Fan was so angry that he sneered and said:

"Okay, I won't let you be a stranger. This year is over, and the company's major events are one after another. Let's study it now."

Upon hearing this, the corners of Sun Yi's raised lips suddenly dropped.

"The first thing is the office space of our Starry Sky Image. As you can see, with the addition of new departments, our small courtyard is already a little overcrowded, and we must move quickly."

Hearing Yang Fan talk about the office space, Sun Yi couldn't help but sit up straight. This was now the company's top priority, and there was no room for him to be careless.

"Brother Fan, tell me, do you have a goal?"

"Well, I made appointments to see a few places a year ago. After much consideration, there are two places that I think are good. The first one is in Zhongguancun. It is a 4-story building. It used to be an office building in a shopping mall. This time they are planning to Sold separately, about 1500 square meters, with a package price of 3000 million. This place was originally an office space and can be moved there with simple decoration."

"There's another one, over there in Chaoyang. It turned out to be a movie theater. It's quite big. It has 3000 square meters upstairs and downstairs. There are 8 movie theaters downstairs, and there are two floors upstairs for offices. This It's more expensive, the original owner asked for 5000 million." Sun Yi's eyes lit up when he heard about the movie theater, and he was obviously interested, but after thinking about it for a moment, he felt something was wrong.

"Brother Fan, the situation in theaters is generally getting better now, isn't it? Is there anyone in this profitable business doing takeout?"

"I was also puzzled at first, and then I asked a friend to investigate. The original owner was investing in the United States and was caught up in the financial crisis. His cinema was quite old, and its various facilities could not keep up with the times. It was always there every year. He had to lose money, and he didn’t have the money to renovate, so he thought of taking action to repair the holes.”

Sun Yi nodded after listening. If this is the case, it can be justified.

A film company has actually been established, so theater chains will definitely not be able to get around it in the future. However, theater chains are asset-heavy projects. Even if Starry Sky made a lot of money last year, they cannot afford to do this now, but theater chains can I can't afford it. It would be a good idea to take advantage of the company's change of office building to try out a core cinema first.

Moreover, in the future, premieres and fan meetings will all have their own places, which will be much more convenient.

"I think this theater is good. Nowadays, when a movie is released, most of the money is made by the theater chain, which is much more than our producers. Another thing, in terms of film arrangement, now we can rely on China Film Group, but we can't rely on it forever. It is better for you to have your own parents than your father does. In the future, if we, Starry Sky, want to develop, we must have our own say in the theater chain."

Yang Fan also nodded in agreement.

"That's what I'm thinking too. However, if we take over this cinema, the office area upstairs won't be much of a problem. We can just clean it up. But for the cinema downstairs, we have to invest a sum of money to renovate it."

"Have you calculated how much you need?"

"The decoration costs about 500 million. If all the projection equipment is replaced, another 1000 million will be added. The total cost will be 6500 million. This financial pressure is not small."

Sun Yi did the math in his mind. The movie "Fake Marriage" has not yet arrived for the payment period. Besides, the box office of this movie is as high as 2.1 million, but excluding 55% of the theaters and 6300% of China Film. The distribution share, plus various taxes, left Sun Yi and the producers with more than [-] million.

This money has to be distributed according to the investment proportions of Starry Sky, China Film and Emperor. Thanks to Sun Yi's desperate decision when the movie was released and an additional 1000 million in promotional funds, more than 4000 million was finally divided. Otherwise, according to the original With a 50.00% share, he was almost losing money and making a profit.

Calculating this way, the company's total revenue last year, cash flow of 5000 million, plus the 4000 million share of "The Unknown", this time the first round of broadcast revenue of "Latent" is 4500 million,
Excluding the production of the short film, which cost him 100 million due to his own requirements for excellence, and excluding the company's daily expenses, the figure is about 1.3 million.

Such a large amount of money is still warm in my hands. This office building and movie theater will cost half of it.

But think about it, this is also necessary for the company's strategic development, and judging from the future housing price trend in Beijing, this investment will definitely not be a loss, and there is no need to hesitate now.

If you don't spend all the money, how can you still have the motivation to make more money?

Dry!
"Brother Fan, fix it."

"Okay, I'll make arrangements right away and try to move in together next month."

"I don't worry about your work."

After making the decision, Sun Yi felt at ease. He stood up and left immediately.

"Wait, why are you going?"

Yang Fan stopped him directly.

Sun Yi had an innocent look on his face, "Isn't the research over now? There's nothing else to do without me."

"You think of beauty, this is the first thing, and there's more."

"Oh."

Sun Yi sat back helplessly.

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(End of this chapter)