China Entertainment: Starting from 07 Kuainan

Chapter 201 Everyone hates it, everyone loves it

In the following days, the box office of "Cohabitation in Time and Space" soared.

That momentum can only be described in one sentence.

I can't understand, but I was shocked.

The single-day box office on Friday was 3700 million, and the total box office was 1.04 million over three days of release.

It broke [-] million in three days, setting a new record for the fastest film to break [-] million in mainland film history!
On Saturday, the single-day box office was 3500 million.

On Sunday, the single-day box office was 3200 million.

"Cohabitation in Time and Space" grossed 1.71 million in the box office in its first week. Cohabitation in Time and Space achieved a box office output of 59% with a film schedule rate of 73%.

Five days after its release, it is only one step away from breaking through 2 million at the box office.

This year's "Painted Skin", which dominated the National Day schedule, took 19 days to hit the [-] million mark. The fastest domestic film to break the [-] million mark was Lao Mouzi's "A City of Golden Armor".

It lasted fifteen days!
It only took five days for "Cohabitation in Time and Space" to reach the doorstep of the [-] million box office club.

The film and television industry was collectively silent.

Those directors, producers, and film and television company bosses have watched the movie countless times, but looking left, right, horizontally, or vertically, "Cohabitation in Time and Space" is just an 'average' movie.

Let’s not talk about artistry. How can we talk about art in a comedy film?
When it comes to comedy, "Cohabitation in Time and Space" is indeed a relatively excellent romantic comedy, but no matter how good it is, it shouldn't have such a brutal performance.

How cruel! (On the emoticon package)

Other movies are almost sucked dry, hey!
Space Wolf's "Fang" was sucked into only 300 million at the box office in its first week.

The box office of "If You Are the One" in the second week was only 3600 million, which was cut in half compared to the 8000 million in the first week.

The hatred in Feng Pants’ heart!
If murder was not illegal, he would have wanted to come to the door with a knife and stab Lu Yuan with his own hands.

That's his money!
His dividends!
Lu Yuan, who killed a thousand cuts, robbed him of at least 4000 million at the box office!
The Big Search, which was released at the same time as "Cohabitation in Time and Space", only had a box office of more than 700 million in its first week, not even breaking [-] million.

This is a movie that combines the duo of Infernal Affairs + Zheng Xiuwen's first movie after his comeback + the three-layer BUFF of Dr. Chen, the King of Hong Kong.

As a result, the box office of more than 700 million was a slap in the face.

What about sending beggars?

Zhuang Wenqiang and Mai Zhaohui's reaction was similar to that of Feng Pants, and they couldn't wait to come and PK Lu Yuan in person.

Thief!

Box office thief!

At least 2000 million of the box office of "Cohabitation in Time and Space" belongs to them!
The kung fu movie "Ip Man", known as the biggest dark horse in the Lunar New Year festival, has a single-week box office of more than 1300 million. Compared with 3000 million in the first week, it almost broke my pants.

Damn it, Lu Yuan!
As for other films such as "Women Are Not Bad" (Tsui Hark + Zhou Xun + Gui Lunmei), "Mei Lanfang", and "See the Future" released in the same month, they basically became cannon fodder.

The box office in a single week is in the millions.

Not even ten million.

Yu Dong, the boss of Bona Pictures, was also filled with hatred.

The box office of "Women Are Not Bad" last week was only 200 million. Compared with the 1200 million box office in the first week, it was only a fraction.

Bona is the investor + distributor of "Women Are Not Bad", and the box office has shrunk like this.

Who can stand it?

However, in comparison, the hatred in Yu Dong's heart is definitely not the greatest.

What people fear most is comparison.

Looking at the box office data of "If You Are the One", which was cut in half, he feels a lot better.

Anyway, he is not the unlucky one.

Moreover, although Boehner invested in "Women Are Not Bad", it was a low-budget film, and Boehner did not invest much.

Huayi, Bona, and Hong Kong have all suffered heavy losses, and they are itching to hate them. Looking back at China Film Group, Han Sanping has been feeling windy when walking these days.

"Cohabitation in Time and Space" set a series of records, which was not the focus of his happiness.

The box office is about to exceed [-] million, and China Film Group has a large share of the accounts, which is not the point.

What he is most happy about is that "Cohabitation in Time and Space" has detonated the Lunar New Year movie box office. Compared with the same period last year, the national movie box office this week soared by 50% year-on-year.Although the main reason for the surge in box office is that the pool has become larger, it has more to do with the surge in the number of theaters in the past year.

But as the pool gets bigger, whether the box office can rise depends on the appeal of the movie.

Here in Han Sanping, the criteria for evaluating whether a movie is good or not is very simple. As long as it can bring the audience into the theater, it is a good movie.

Therefore, "Cohabitation in Time and Space" is the best movie in his eyes.

The box office hit of "Cohabitation in Time and Space" not only made Star Media an instant hit, but also attracted investors.

Film and television-related companies such as Huayi Brothers, Ali, and Wanda all called to express their investment intentions.

For investors, Lu Yuan did not refuse immediately, but sent them a form.

Seeing this table, those investors couldn't help but feel embarrassed.

Book balance of Star Media.

RMB: more than 7000 million.

USD account balance: 3000 million knives.

What kind of company is this?
A film and television production company established for more than a year has a book balance of nearly 3 million!

3 million in liquid cash!
Do you know how to operate funds?

of course.

They would definitely not say such words. After all, Lu Yuan did not block the road in one breath.

They still have a chance to raise funds next time.

In terms of the earning potential shown by Xingchen Media, it can already be ranked among the top three private film and television companies.

After seeing the account balance of Xingchen Media, those investors also stopped.

nonsense.

The company has a book value of 3 million, what else can it invest in?

In fact, if they had been ten days earlier, or one week earlier, Boss Lu would not have been able to produce such arrogant financial data.

The US$3000 million was just received a week ago.

A week ago, Xingchen Media just completed a round of financing. Xinghai Fund invested US$3000 million and obtained 47% of the shares of Xingchen Media.

In other words, in this round of financing, Xinghai Fund valued Xingchen Media at 4.5 million.

Last year, Morningstar Fund invested RMB 1300 million, accounting for 32% of the shares. Comparing the two, in just over a year, the valuation of Star Media has skyrocketed tenfold.

Although Xinghai Fund is also a company owned by Lu Yuan, this financing is just a left-handed one, but the valuation is not arbitrary.

The valuation of this round of financing uses the income model calculation method, which is weighted through a series of data such as the company's age, income, expected income, capital costs, business taxes, etc.

This is also a commonly used valuation method for media companies.

Because media companies are characterized by focusing on content and light assets.

In the end, according to estimates by professional institutions, the valuation of Xingchen Media was approximately 4.5 million.

The reason why it is so high is because Xingchen Media owns Lu Yuan's film and television contracts and a bunch of copyrights in the copyright library.

Secondly, the profitability of the TV series "Star You" is also a top priority.

The overseas copyright of "Star You" was sold for 870 million yuan, and the domestic copyright was sold for a total of 6000 million yuan. After deducting the shares of other investors, Xingchen Media can also get more than 9000 million yuan.

An investment of 2700 million yuan resulted in a return of more than 9000 million yuan, with a return on investment of nearly 3.5 times!
This does not include the box office performance of "Cohabitation in Time and Space". If the signing of the contract is delayed for ten days, Star Media's valuation will be another price.

At the end of this round of financing, Xinghai Fund became the largest shareholder of Xingchen Media with a 47% share.

Boss Lu ranked second with 36.04% of the shares.

Morningstar Fund accounts for 16.96%, becoming the company's third largest shareholder.

At least in the eyes of uninformed outsiders, this is indeed the case.

(End of this chapter)