China Entertainment Times

Chapter 850

It has been six years since the first mainland film and television company went public. Huayi was the first to eat crabs. From the second king to the artists under his banner, everyone was full of oil.

Tang An was also one of the beneficiaries of this feast. The investment of 1200 million was exchanged for nearly [-] million. He accumulated enough original capital to eat up Baoli Culture. With Baoli Culture and its Oriental Dragon The film industry has gained a firm foothold on the express train of the domestic film industry.

Otherwise, it would not be so fast to earn that little money just by making movies.

Immediately afterwards, Bernard, Guangxian, Xingmei, and CTI went public one after another. Except for Bernard, who was not acclimatized in the US stock market, all of them were considered a great success.

As the leader of the domestic film and television industry, China Film Group sought to be listed on the Hong Kong Stock Exchange as early as 2004, but due to policy reasons at that time, foreign capital was restricted from entering the media industry, and it failed.

After that, the policy was loosened. In 2007, China Film Group restarted its listing plan again, but it was stranded again due to the impact of the financial crisis.

In 2010, China Film Corporation, China Media Group, Changying Group, Jiangning Radio and Television, Gehua Cable, Shonan TV and Broadcasting Media, Huaguo Unicom, and eight giants jointly established China Film Corporation, which once again impacted the capital market.

But in the end it was nothing. During Han Sanping's tenure, he failed to lead China Film Group to hit the capital market.

This year, it has been 11 years since China Film Group sought to go public for the first time, and China Film Group Co., Ltd. is finally going to go public.

Early in the morning, most of the top executives in the entertainment industry gathered at the Shanghai Stock Exchange, which seemed to be a red carpet show.

Wang Zhongjun, Yu Dong, Wang Changtian, Jiang Defu, and others came early.

"Director Kang, congratulations."

"Congratulations to Chairman Kang, I wish China Film Corporation a smooth listing."

"There is no need to run away from the daily limit, it depends on how much time it takes."

"In my opinion, 5 minutes at most!"

"The film and television stocks are very hot now. It is estimated that the daily limit will be within 3 minutes. After several consecutive daily limit, it is expected to hit the first film and television stock."

Everyone smiled and said some blessings. Whether it was Jiang Defu who left China Film because of Kang Pei, or Wang Zhongjun who had just been replaced by Wanda Films as the number one film and television company, there was no sense of crisis at this moment.

If it had been listed two years earlier, China Film Group would definitely have the ability to compete for the first share of film and television, but this time is not good for China Film Group.

China Film’s annual revenue exceeds that of any film and television company, but it has as many as 160 second- and third-tier subsidiaries and branches, which is too bloated as a whole, and China Film itself is a merger of a group of companies. This entire industry chain is pieced together .

Its annual revenue far exceeds that of any other company, and its profit is second only to Hantang Media, but its gross profit margin is far lower than that of Huayi, Wanda, Guangxian, and CTI.

The signing of the "Memorandum of Understanding on Chinese and American Films" in 2012 increased the share of imported films to 25%, and China Film's profits fell a lot that year.

Moreover, in the middle of last year, a new agreement was signed. China Film Group still retains the distribution business of imported films, but China Film Group no longer entrusts China Film Group to engage in the specific business of imported films. , was taken back by China Film Group.

It is equivalent to a part of the profits of imported films and approved films directly taken away by China Film Group. 1.5% of the box office revenue is not a small amount. The total box office of imported films this year reached 160, and 1.5% is 2.4 million.

There are two aspects to the profits of imported films. The first is to remove the 25% of the film studio and the theaters and theaters, and the remaining distribution share, and the other is the 1.5%.

The profit of 2.4 million yuan was taken away, and the profit of China Film Group Co., Ltd. fell by at least 20% this year.

As for the management fee for the buy-out film, it is equivalent to an index fee. Each buy-out film needs to be issued by China Film Group. Regardless of whether it is bought out by China Film Group, a certain amount of money will be charged.

Although ordinary people don't know much about these things, senior investors, especially those who have been paying attention to China Film Group Co., Ltd., will know about it.

Why didn't Kang Pei know that he didn't want China Film to take back the 1.5% share of the box office share and the management fee for the approval of the film.

But there is no way, I can't keep it.

After saying some compliments, the topic turned to Tang An again.

Fan Luyuan was the first to speak, "Everyone, the main reason for the failure of the National Day and Lunar New Year files is the lack of preparation and the lack of movies with enough weight. The next Spring Festival file is the best opportunity. Han and Tang gave "Mermaid" 26 billion The sky-high price is guaranteed, and if Hantang Films goes public after the Spring Festival, if it fails to meet expectations, or even if the gap is too big, it will definitely cause serious damage to the listing of Hantang Films."

Blaming the failure on lack of preparation covered up the shadow of failure.

It is indeed insufficient preparation, after all, when they were preparing to cooperate, this year's movie had already been decided.

Wang Zhongjun nodded and said, "Director Fan is right. It's definitely not easy for "Mermaid" to get 26 billion box office in the fiercely competitive Spring Festival!"

The listing of China Film Group will not threaten Huayi and Wanda, but once Hantang Films goes public, it will be hard to say.

In addition to "The Mermaid", there are three heavyweight movies released during the Spring Festival, "Three Dozens of Bones", "Omen 3", and "Crouching Tiger, Hidden Dragon: Sword of Qingming", and "Kung Fu Panda 3" will also be released in It was released the week before.

Although five blockbusters were released at the same time, "Three Dozens of Bones" was not released by China Film Corporation.

The last "Havoc in Heaven" gathered the combination of two superstars and Donnie Yen, and lost to Sanwu's "The Return of the Great Sage", which made Xinghao disappointed with China Film Corporation. Annistina released separately.

"Crouching Tiger, Hidden Dragon: Sword of Qingming" was released by China Film Corporation, and has nothing to do with China Film Corporation.

Although they have to deal with the Han and Tang Dynasties, they will not let their films kill each other and suffer losses. The resources of the eight major companies only need to be concentrated on "Omen" and "Kung Fu Panda 3", and of course they will get a certain amount. Benefit.

However, "The Mermaid" also has Ahli and Guangxian's investment. Although the sale is guaranteed and the profit will not be lost, the two of them will not hack the movie they invested in when the time comes.

They even think that in the absence of a film schedule and such a big competition, there is no need to do other things, and the box office is destined to not reach 26 billion.

Once the minimum guarantee is not reached, it is time to frantically grab a point and hype it when it is close to listing.

A few of them were talking here happily, and after a while, there was a lot of noise outside, it was Tang An who came.

Not only Tang An, but also the big directors and first-line stars under the Hantang banner are all here.

At the entrance, a team of more than ten people was surrounded by reporters, as if they were the protagonists.

There were also quite a few other celebrities and famous directors, including Zhang Yimou and Feng Xiaogang, but none of them came as neatly as Hantang.

"Tang An brought all the respectable people from Han and Tang."

Some guests present sighed secretly.

"Is this for a demonstration?"

Looking at the directors with box office guarantees and the popular first-line stars, they walked in after a short interview under the leadership of Tang An. Fan Luyuan and the others didn't know whether they should go forward to greet them.

But Kang Pei is the host, and Tang An is the guest, or the honored guest.

Even if it's superficial work, you should go to greet him, and immediately show a smile.

As soon as Kang Pei moved, the others followed suit.

There is such a classic line in a certain classic TV series: If you can't kill me with a single shot, let me live, we can still do business.

Kang Pei and the other CEOs of the seven major companies went to Tang An, and other people followed behind, while Tang An on the opposite side also led people to this side.

"Welcome Tang Dong to join us!"

Kang Pei extended his hand to Tang An with a smile, and Tang An also smiled and extended his hand to shake.

"Congratulations to Chairman Kang, I've got everyone ready today, and I'm just waiting to buy some stocks, so I can make a small profit."

"Haha, thank you Tang Dong!"

They all smiled and said hello. From the perspective of many guests from the industry and outside the scene, the scene was harmonious.

However, there are a group of people standing behind each of the two. If the background and clothes are changed, it will really look like a dark negotiator.

It was rare for Tang An to make a high profile this time. When China Film Group went public, he brought people here not to spoil the scene, but to show off his muscles.

This lineup of actors and directors, compared with the results in recent years, can beat all the artists and directors of the eight major companies!
(End of this chapter)