Rebirth of the Financial Crisis Sweeping the World

  Chapter 137 137【Become the owner of a 132 million group company】

   There is 1 million Hong Kong dollars left in the No. 2 Fund, and Wang Guanxi also put it in the global Jiyuan Entertainment Group.

  Then Wang Guanxi summoned the executives of Xingyao Film and Television Company and said: "From now on, the company will be renamed Jiyuan Film and Television Company, as a wholly-owned subsidiary of the global Jiyuan Entertainment Group."

   "Yes, boss!" everyone said in unison.

  They didn't expect that the boss still has a head office. Listening to the name of this head office, they know that it is a very powerful new company.

  Originally, the company was profitable. Last year it lost several million Hong Kong dollars. In addition, the original boss, Li Guangyu, did not focus on this company, which made everyone not very optimistic about the company’s future development prospects. This moment seems to have changed.

  Wang Guanxi asked again: "Who is the director and who is the general manager?"

"stand out!"

  A middle-aged man struggled for a while and quickly stood up.

  A man in suit and leather shoes, a flat-headed man, named Zhu Renzhi, is the deputy general manager.

  "Boss, the company currently does not have a general manager, I am now the deputy general manager of the company, and my name is Zhu Renzhi"

  At this time, an assistant handed over his information and showed it to Wang Guanxi.

Zhu Renzhi, who was formerly the deputy general manager of Hong Kong Media Asia Films Company, was frustrated with his work in Media Asia Films this year. Li Guangyu was hired to become a professional manager. Of course it was only temporary. Wang Guanxi knew that he would go back. Media Asia Pictures.

  The ability is very good, Wang Guanxi said: "Well, you continue to do it, good work, you are the general manager."

   "Right, where's the director?"

  Zhu Renzhi thought for a while and said: "Boss, the director of the company left not long ago. I am currently the director."

  In fact, the income of directors in Hong Kong is not high, not like the mainland.

  The director of the company resigned and it was normal for him to change jobs. He was also a director and producer himself.

   Then he said: "Boss, a famous director came for an interview before, and I am considering whether to let him join the company."

  Wang Guanxi asked, "Who?"

  Zhu Renzhi said: "Chen Musheng, he seems to be disappointed. I heard that the Internet of Things company he invested in this year has closed down. He lost his money, and he was also excluded from his own film and television company."

   "Chen Musheng?" Wang Guanxi didn't expect this guy to be very downcast this year, so he wanted to change job interviews?

  This director is indeed well-known in Hong Kong. Wang Guanxi is still optimistic about many of the movies he has made, but he did not expect to be so miserable this year.

  But the future will still rise, and a lot of money-making blockbusters have been made, so Wang Guanxi ordered: "You will call him over immediately and let him join the company."

   "Call back, you are the general manager, if you can't call back, you should leave too"

  "Yes, the boss" Zhu Renzhi hurriedly called. After half an hour, Chen Musheng came to Wang Guanxi.

  He wears a jacket, his hair is a bit messy, and he looks a little depressed.

  Wang Guanxi: "From now on, you will be the director of the company!"

  Chen Musheng was silly directly, what is going on?

  He didn’t understand, so he had to say, "Thank you, boss."

  Wang Guanxi nodded: "Go and sign the contract."

  Soon the contract was signed.

  Wang Guanxi said: "Let me tell you, I also have a model company, a music company, and a brokerage company."

  "The head office is called Global Jiyuan Entertainment Group"

  "Everyone will get together in the evening and let you know each other"

   "Now, get ready and leave at 7:30 in the evening."

  Everyone said in unison: "Yes, boss"

  At 8 o'clock in the evening, all the executives of the global Jiyuan Entertainment Group came to the large private room of the Chinese restaurant.

  Jiyuan Model Company, General Manager Ou Yuping, Public Relations Manager Qi Shuchun···

  Jiyuan Music Company, general manager Zhang Dan, music producer Shi Yuqiang··There are two key artists, Chen Weiyun and Deng Shiqi.

  Jiyuan Brokerage Company, General Manager Zhao Weihui··

  Jiyuan Film and Television Company, General Manager Zhu Renzhi, Chief Director Chen Musheng··

The entire team of Jiyuan Entertainment Group around the world is here. Now it’s time to let go. This year, Wang Guanxi will let them shoot good films or invest in high-grossing films, release popular albums, and follow the path of other entertainment companies. , So that other entertainment companies have nowhere to go this year, and let them lose money in this bleak year.

  The hot album is already in preparation, but the box office movie has not yet been prepared.

  Wang Guanxi will not invest too much energy and funds here, but will let the global Jiyuan Entertainment Group discover according to the direction he has set.

  Invest in a movie, or make a movie by yourself.

  In fact, investing in movies is a very risky thing. Many filmmakers lose money in the end.

  All film income shall first be paid a special business tax of 3.3% and a special fund of 5% for the film industry. The remaining 91.7% was identified as the "dividable box office" of a movie.

  Furthermore, movie distributors account for 8-10% of the box office that can be accounted for, and movie theaters and theaters account for 57%. The income of movie production and capital investment is roughly 30%-35% of box office revenue.

  In other words, the investor takes 35% of the total box office!

  For example, a movie with a cost of 35 million Hong Kong dollars requires 100 million Hong Kong dollars at the box office to cover the cost.

  Global Jiyuan Entertainment Group does not need to shoot movies by itself, and can be an investor.

  Wang Guanxi knows that many popular movies have low investment costs and high box office.

  If You Are the One, Mei Lanfang, King of Kung Fu, Changjiang No.7, Ip Man 1···

But now the global Jiyuan Entertainment Group does not have much liquidity and needs to sell assets. Then Wang Guanxi ordered: "Ou Yuping, Zhang Dan, Zhao Weihui, Zhu Renzhi, you will sell all the useless assets for me, especially Ji Yuan. The assets of the film and television company, useless and irrelevant, are all sold!"

   "Start to do it tomorrow!"

  "Use the funds of the group company to release albums and invest in movies"

   "Are you clear?"

  Everyone said in unison: "Clear, BOSS!"

   "Clear, boss!"

  Wang Guanxi nodded: "Very well, tonight, you can do it, I'll see the result then."

  "Whoever does a good job this year can become the vice president of the head office. If he doesn't do well, he will get out, understand?

  Now these four general managers are just the heads of subsidiaries, and the positions of president and vice president of the head office are still empty.

  Now the global Jiyuan Entertainment Group has four subsidiaries, which was bought by Wang Guanxi for HK$132 million. In 2008, they were integrated together and the scale was not too small.

  In the future, the group company will expand. The position of the vice president can manage many subsidiaries and has great power. Everyone is greedy for the position of the vice president.

   "Understood, BOSS!"

  Now that the group companies are integrated, everyone is full of confidence and looking forward to the future.

  Although everyone doesn’t know much about BOSS, they know that BOSS is very rich and very ambitious.

  (End of this chapter)