China Entertainment started from Nortel 2002

Chapter 874 Rejecting Wang Zhongjun's Proposal
Although professional film critics have said: "When it comes to making Chinese people cry, it has to be Feng Xiaogang", "Five stars with tears in my eyes! After "Youth", Feng Xiaogang's new work is the tear-jerking bomb of the year, and all male audiences cried."

The box office of 2000 million on the first day was somewhat unbelievable for Feng Xiaogang.

The reputation is extremely polarized.

The moved audience generously called it a good film worthy of "everyone's careful appreciation" and gave it a high score of five stars.

The audience who gave one star reviewed the film from six aspects, calling it "the movie version of "Chinese Restaurant: New Zealand"" and "the low-profile female version of "Forever Young"" (a movie made by Feng Xiaogang in 6 based on Wang Shuo's novels "Forever Young" and "Stewardess").

The last point hits the nail on the head for Feng Xiaogang: "61-year-old Feng Xiaogang, after being tortured by Cui, wanted to make a pure love movie to 'prove' himself, but reality is always more exciting than movies."

"It's almost like Feng Xiaogang's Under the Hawthorn Tree, but too personal, and it's completely dedicated to his friends. The film is extremely mediocre, and the whole process is lyrical without restraint. It seems too high to call it lyrical prose or pastoral idyll. If there is anything worth watching, it's probably only the scenery of New Zealand."

"."

Obviously, most of the reviews are negative.

As a movie that Feng Xiaogang hoped to win by word of mouth, the reputation is quite bad.

"Damn it!"

Feng Xiaogang couldn't help but mutter to himself.

Wang Zhongjun's face didn't look very good either. It seemed that "Only Yun Knows" was very low-key and didn't seem to care about the box office, but on the day of the premiere, he and Feng Xiaogang invited almost half of the celebrities in the entertainment industry.

Cheng Long, Hu Ge, Guan Hu, Zhang Yishan, Zheng Shuang, Wang Baoqiang, Zhang Guoli, Deng Jie and others all attended, making the event a grand occasion.

This is not comparable to any ordinary premiere, and only blockbuster films by several big directors in the industry can have such a premiere.

"We have to find a way to sell more movie tickets." Wang Zhongjun said calmly, but he was full of worries in his heart.

Because this year, Huayi Brothers has released films such as "Yunnan Worm Valley", "Can I Return My Brother?", "Gray Throat", "A Little Wish", "Only Yun Knows", etc.
The films that participated in the investment and co-production include "My Country, My Parents" and "The Climbers", but the former was just a gesture, and the latter did not invest much, and the box office was even average.

That is to say, among the films controlled by Huayi, only "A Little Wish" achieved a small profit.

"The Eight Hundred", which was highly anticipated and invested over 5 million yuan, is still pending, and "Cell Phone 2", which was caught in controversy, is also an unknown. It was thought that Feng Xiaogang's Lunar New Year box office would be able to make a comeback, but the result is obvious, it failed to make a breakthrough.

This also means that Huayi’s performance in 2019 will most likely be a full-year loss.

The 24th will be the day when Huayi will disclose the equity pledge announcement. Thinking of this, Wang Zhongjun started to have a headache.

"It's too late for a roadshow, but I think we can learn from the way The Gathering at Southern Station sold tickets. One live broadcast can sell more tickets than 20 roadshows."

At this time, Wang Zhonglei suggested that he just wanted to quickly increase the box office of "Only Yun Knows", otherwise the screening schedule would get worse and worse.

“Yeah, that’s true.” Wang Zhongjun nodded. He had naturally heard about this matter. The creators of "The Gathering at Southern Station" and Li Jiaqi sold tickets live, and 6 tickets were sold out in 25.5 seconds, which was a very good result.

"Xiaogang, I'm sorry to bother you with this matter. I'll talk to Alibaba's CEO Ma and ask them to cooperate with me."

Wang Zhongjun said almost without hesitation, "For now, Feng Xiaogang has no choice."

Feng Xiaogang himself was also very clear about this. Although he felt a little unwilling and lonely, he was still a big director after all. He actually needed to sell movie tickets in the live broadcast room one day. However, after seeing the box office of "Only Yun Knows" so far, he could only nod in agreement.

At this time, after Wang Zhongjun had given his instructions, he waved his hand to signal the two to leave, and he himself was thinking about the future of Huayi.

At this point, there is no choice. It is very important for Huayi to say who the strategic investor chooses.

After Wang Zhongjun closed his eyes to rest, he seemed to be lost in thought.

On the other hand, the box office of "Only Yun Knows" still did not improve on the second day. Even on Saturday, it only earned more than 2400 million.

It was even worse on Sunday, falling below 2000 million and closing at just over 1900 million.

At this time, when Feng Xiaogang and the main creators of "Only Yun Knows" appeared in Wei Ya's live broadcast room, it was really surprising.

However, the effect is obvious. 15 movie tickets were sold directly, which is equivalent to several million in box office revenue. It can be considered a small boost. At least the screening schedule will not drop so quickly.

"These days, the line between internet celebrities and celebrities is becoming increasingly blurred." Yu Dong couldn't help but say with a smile.

"It's all about selling goods at the end, it's just a cycle."

Li Mu didn't think it was a big deal. Feng Xiaogang was also willing to take it easy. It seemed that he still attached great importance to the box office.

"Director Li sees things clearly. To be honest, it seems to be true."

After thinking about it, Huang Jianxin agreed.

The purpose of making movies is to sell movie tickets, which is actually just a form of selling goods.

"That's true. By the way, Director Li, are you interested in participating in the strategic investment? You know, Huayi?"

Yu Dong suddenly came over and asked in a low voice.

It is no secret that Huayi has problems. The semi-annual report has already reflected this. The third quarter financial report is the worst among listed companies in the industry. The report on pledged shares issued by Huayi on the 24th has attracted much attention in the industry, because more than 93% of the shares have been pledged, which also clearly indicates that Huayi’s capital chain has a big problem.

Rumor has also spread that Huayi is going to introduce strategic investment, and the target of the strategic investment will naturally be the film and television companies in the industry.

In fact, everyone can guess something without any rumors, because if Huayi Brothers continues to lose money in 2020, it will face the risk of delisting.

"I think he might prefer the film industry of Internet giants. What? Is Bona interested?"

Li Mu asked Yu Dong with a smile.

Yu Dong was obviously somewhat interested, but Li Mu felt that Yu Dong could not meet Huayi's needs, and Wang Zhongjun probably didn't think highly of Bona, unless he was already at the point of having nothing left to lose.

"A little bit, but it also depends on whether other people appreciate it. Just like what you said, Director Li, maybe people prefer the film industry of big Internet companies." Yu Dong seemed to understand.

"Forget it, let's not discuss this anymore. Let's continue with the previous topic, the issue of personnel allocation."

Li Mu knocked on the table. He didn't care much about Huayi.

What he didn't expect was that that afternoon, just as he was about to drive home, he received a call on his mobile phone from someone who surprised Li Mu a little.

"Wang Zhongjun?" Li Mu frowned. He really couldn't think of what Wang Zhongjun wanted him to do.

At this time, Wang Zhongjun was sitting in the leather chair in the chairman's office, looking at his phone which was still dialing, tapping the table rhythmically with his fingers.

But when I heard the phone being connected, I quickly picked it up.

"Director Li, I hope I didn't disturb you."

At this time, Li Mu didn't know why Wang Zhongjun was looking for him. Although the two of them had some grudges in the past, those were all at the beginning of the millennium, and they had nothing to do with each other afterwards.

"No interruption!"

Li Mu chuckled and opened the car door, then got in. Without moving, he preheated the engine and then turned on the heater.

The imperial capital in December was bitterly cold, but no one was pitied.

"By the way, Mr. Wang, if you have anything to say, just tell me."

"Haha, there is indeed one thing. I wonder if Director Li is interested in it." Wang Zhongjun's laughter came from the phone.

"Oh?"

"Is Director Li interested in becoming a strategic investor of Huayi?"

Li Mu's eyes narrowed slightly. He didn't expect that Wang Zhongjun actually had this idea to invite Mengying Media.

But after thinking about it, becoming a strategic investor of Huayi probably requires capital investment. After all, given Huayi’s current situation, it cannot operate without funds.

This is Mengying Media's strong point. After all, Mengying Media has strong liquidity, which is well known in the industry.

The second aspect is strategic cooperation. Strategic investors must have in-depth cooperation with Huayi Brothers, including but not limited to jointly promoting the company's business development and market expansion, such as jointly developing new projects, sharing resources, and coordinating market promotion.
Thinking of this, Li Mu also knew Wang Zhongjun's plan.

Anyway, Mengying Media is not listed, but if Mengying Media can participate in it, it will definitely be a great boon to Huayi’s film sector, and there will be no worries about money.

If a few more Internet giants and film companies could be added to the mix, the game could be fully revitalized and the stock price would take off.

The plan is a good one, but what Wang Zhongjun didn't expect is that Li Mu has always made great use of the funds of Mengying Media. Even at present, the funds may not be enough for future major plans, and they have to be drawn from investments.

On the other hand, by participating in strategic investments, we naturally expect to obtain good returns on investment from the performance growth of Huayi Brothers.

However, Li Mu did not have high expectations for Huayi at all, let alone getting a return on investment from it. If he invested the money, he could get a higher return by investing it in other things.

As for brand influence, market resources, business synergy, etc., Mengying Media is better, and it does not have the weak foundation like the Internet giants' film industry. After all, it has been developing step by step since the millennium.

"I'm sorry, Mr. Wang, Mengying Media has not really planned this yet."

Li Mu had no choice but to reject Wang Zhongjun's offer. If he changed to another film company, he might have some ideas. After all, a lean camel is bigger than a horse.

After all, Huayi was once glorious and still has some foundation, but it has gone through too many twists and turns, resulting in a lack of competitiveness.

"Is that so, Director Li? Don't worry, you can think about it again."

Wang Zhongjun was not annoyed. He had thought about this situation and then said politely.

"Okay, if you have any ideas, I'll contact you, Mr. Wang!"

"."

(End of this chapter)