Chapter 989 Officially Bankrupt

When Yang Ming walked into this villa with Liu Xinsheng, the door was closed, and it took more than three hours for the gate to slowly open.

The two middle-aged men with complicated expressions and full of relief and loss quickly boarded a car and left quickly after Yang Ming and Li Xingyi saw them off.

Seeing the back of the car leaving, Li Xingyi breathed a sigh of relief, and then said to Yang Ming with a smile: "I really didn't expect your film company to grow so fast, and there was a day when you acquired Huaying Group." ”

After saying this, Li Xingyi felt embarrassed, he grew up watching countless classic movies of Huaying Group.

But he never imagined that one day, the copyright of these classic movies would be bought by his nephew.

Thinking of this, he looked at Yang Ming's gaze, and was full of amazement and admiration, the second sister had this son, which was really the greatest happiness in her life.

Too capable.

"Uncle, I didn't buy Huaying Group, but the copyright library, don't make a mistake!" Yang Ming said with a slightly excited expression.

This time to be able to acquire the copyright library of Huaying Group, but it is really not easy, just three hours of negotiations, several times on the verge of breaking down, when the two sides finally signed the agreement, if it is not for the experience of two lifetimes, he even wants to roar.

He knows that if the final acquisition agreement cannot be reached tonight, it will be very difficult to wait until tomorrow to officially enter the bankruptcy filing process and want to acquire the copyright library of Huaying Group.

Maybe at that time, Oriental DreamWorks will take over the copyright library at a smaller price, but it is also possible that it will be cut off by other giants.

Why did not any film giant or fund company preemptively acquire the high-quality assets of China Film Group before China Film Group formally applied for bankruptcy protection, because everyone knows that once China Film Group officially enters bankruptcy proceedings, they can obtain the high-quality assets of China Film Group at a lower price.

It was precisely because of this that the two middle-aged people just now did not completely collapse with Yang Ming in the end.

2.8 billion Chinese dollars.

Compared with Yang Ming's planned acquisition budget of 3.5 billion yuan, it cost 700 million yuan less, and this acquisition is simply too worthwhile.

"Now that you have acquired the copyright library of Huaying Group, and you want to build two more buildings, are the funds enough?"

When Yang Ming and Li Xingyi turned around and returned to the living room, Li Xingyi asked with concern.

Hearing his uncle's question, Yang Ming looked at Liu Xinsheng, who was still sorting out the contract documents with two professional lawyers in the living room, pointed to the documents on the table and said: "With these, I think there should be no problem with the loan, and besides, whether it is rice country or Huaxia, I haven't sold the shares of Maoyan Movie and Time.com!"

When Li Xingyi heard Yang Ming mention Maoyan Movie and Time.com, he immediately became interested.

In the past few days, he has seen news reports about the return on investment of his genius nephew in the newspapers and media, and he has been praised to the sea.

The two network companies that spent millions of dollars to establish two years ago, even if they spent hundreds of millions of dollars in the past two years, they only took back all the investment through a 15% stake sale, and they also made a small profit, and the most important thing is that the rest of the shares in Yang Ming's hands are completely pure earning.

With the return on investment of billions of Chinese dollars, even the most famous managers and investors have to admire this genius's investment vision.

No wonder in just a few years, he has a net worth of 10 billion.

"How about selling these shares to me?" asked Li Xingyi movingly.

Yang Ming gave Li Xingyi a roll of his eyes when he heard this, and said: "Uncle, it is impossible to sell the shares of these two companies to you, or it is absolutely impossible to sell them to capital forces outside the film industry, and this is not the best way to invest." ”

Maoyan Movies may be able to earn a lot of profits through box office sales as the number of users continues to increase, but Time.com really has its own hematopoietic function, and at most it can only subsidize operating costs through the advertisements of various film companies.

I also learned that these two companies are not looked down upon by those bigwig-level venture capital companies, but the film industry will not ignore the influence that these two companies have brought to the film industry.

An outsider like Li Xingyi is absolutely not allowed to control the shares of these two companies.

Under Yang Ming's explanation, Li Xingyi also understood the significance of these two companies to various film companies in the film industry, and it was indeed not his own dish.

"Oh, by the way, are you still going to make a 3D movie this year?" AMC can wait for the rice to be cooked!" Li Xingyi looked at Yang Ming and asked.

When acquiring AMC Cinemas through the Redwood Fund operation last year, Li Xingyi also joined in, occupying 30% of the shares, while Yang Ming occupied 40% of the shares, and the other 30% of the shares were scattered in the hands of some shareholders who were reluctant to sell before, but Yang Ming saw that he and his uncle held a total of 70% of the shares and already had the absolute right to decide, so he stopped continuing to acquire.

After all, as soon as he entered the film market in the United States, he forcibly acquired AMC, the second largest cinema chain in the United States, and delisted it for privatization through sharp acquisitions, which will inevitably give people a very good impression of the people of the United States.

Therefore, after careful consideration, Yang Ming did not continue to forcibly acquire.

Last year, the 3D version of "Transformers" blew a whirlwind of 3D viewing around the world, and the AMC theater chain, which started to renovate the theater in advance, naturally made a lot of money, and if there are a few more blockbuster movies like "Transformers", their theater renovation cost is estimated to be almost able to pay off.

However, this is still secondary, and the key is that the stock price of AMC Cinemas is red across the board, and the stock rose by at least 20% when "Transformers" was released.

Although the price of the stock fell after the screening of "Transformers", it still increased by more than 12%.

In other words, after Yang Ming and Li Xingyi invested more than 20 meters to complete the acquisition, they have appreciated by at least more than 200 million meters, which makes Li Xingyi smile and rejoice that he decided to follow his nephew to invest.

But at present, there are still too few 3D movies in the film market, and although the stock of AMC Cinemas remains stable, if there are no 3D movies released for a long time, it will inevitably have a certain impact on the stock price.

Yang Ming knew what his uncle cared about, shook his head and said, "There are no plans to make a 3D movie this year." ”

Hearing Yang Ming's words, Li Xingyi looked stunned, but before he could react, he only heard Yang Ming continue: "I don't have it here, but Barber does, it is estimated that preparations have begun, haha, you can rest assured, those guys in Hollywood will never give up this piece of fat, it is estimated that there are already film companies that have started shooting 3D movies, you just wait to make a lot of money." ”

In the end, Yang Ming couldn't help but laugh when he looked at Li Xingyi's expression.

My brother-in-law is so cute.

How could those Hollywood giants not be tempted when they saw the 3D version of "Transformers" making a lot of money?

And when the new technology was promoted, the ticket price was completely doubled, so how could those businessmen not be attracted by such a huge profit?

But it's a pity that he really doesn't have any plans for a 3D movie this year, but if he can keep up with his energy after "Ghost Love" is over, he doesn't mind filming "Fast and Furious".

After all, Geely Automobile's Li Dong is looking forward to his racing movie.

When the time comes, this "Fast and Furious" can be made into a 3D version.

Dazzling car skills, gorgeous drifts, and explosive fights can be made into a 3D version and continue to detonate the audience's attention.

"Yang Ming, the documents are all sorted out. ”

This is, Liu Xinsheng came over and said to Yang Ming with an extremely excited expression.

Yang Ming nodded when he heard this, and then said to Li Xingyi: "Uncle, then let's leave first, and we'll talk later." ”

Li Xingyi knew that his nephew had just successfully acquired the copyright library of Huaying Group, and there would definitely be a lot of things to deal with, so he didn't leave the other party anymore and sent Yang Ming and Liu Xinsheng to leave together.

Seeing his nephew's car plunged into darkness, Li Xingyi's face showed a look of waiting to see a good show, and he didn't know what kind of expressions those people would look like when they found that there was no most valuable copyright library in their assets after dawn tomorrow morning.

The show is about to begin.

The next day, when the sky was just dawning, many media reporters had already gathered at the door of Huaying Group.

China Film Group officially entered the bankruptcy application protection procedure today, which has become the front-page news of countless media reports, and several reporters can't wait to witness this 'great' moment.

The local film giant, which has a history of nearly 100 years and has shot countless classic movies, has fallen to the day of bankruptcy, for which Yanjing TV also conducted a live broadcast.

Although it has entered the bankruptcy protection procedure, some administrative staff of Huaying Group still come to work step by step, waiting for the final verdict.

When the time reached 9 o'clock, government personnel, court personnel, tax personnel, etc. came to Huaying Group together and began to officially hand over various procedures with Huaying Group.

Through the TV, countless people saw this scene, and many people showed complicated expressions.

That's a source of happiness that accompanies them to grow up, I didn't expect it to be so depressed today.

But some people are happy and sorrowful, and some people rejoice.

Huaxia Brothers Media.

Shangguan Tian looked at the picture on the TV, with a playful look on his face, and his eyes showed a look of excitement for hunting.

Peers are enemies.

It is also a giant in the local film industry in China and has a long history, but since he took the helm of Shangguantian, Huaxia Brothers Media has regained its vitality, turned losses into profits, and consolidated the position of Huaxia Brothers Media in the Chinese film industry.

did not let the family business end in their own hands.

The predecessor of Huaxia Brothers Media was Brother Films, but in recent years, with Shangguantian's diversified development strategy, it has been renamed Brother Media, which shows the huge ambition in his heart.

Polaroid Group.

Wen Jingtao held the teacup, tasted the tea slowly, and looked at the scene on the TV, without any unusual expression.

is also a giant, and he has no sympathy for Huaying Group to get to this point today, and it is completely the other party's own fault.

Looking at the thin and haggard face on the TV, he couldn't help but think of the president of Huaying Group who came to him some time ago, wanting Baoli Group to buy Huaying Films on the basis that everyone is a Huaxia Film Company, instead of going bankrupt like pigs and sheep to be slaughtered.

To be honest, at that moment, Wen Jingtao was really moved.

The merger of the two giants into one is simply a supreme honor for the domestic film industry, at least in the past 30 years, there has not been such a film company acquisition with such a glorious history.

It's just that after a short period of thought, Wen Jingtao gave up this idea.

What Huaying Group has, Baoli Company also has; Huaying Group does not have, Baoli Company also has; he can tell the copyright library of Huaying Group and some valuable star brokerage contracts, other so-called fixed assets and some shares, which are nothing in his eyes.

Diversification is not something that everyone can afford.

The most critical point is that when Huaying Group was exposed to the bankruptcy crisis, other giants had already had a tacit understanding, that is, not to stretch out their hands, and everything would wait until after bankruptcy.

Because all the giants know that the current Huaying Group is a huge pit, and absolutely no one else dares to jump in.

The capital forces of the outside world can't figure out the doors in the film industry, and they don't dare to come in for a while.

And other film companies that have ideas about China Film Group do not have the strength to take over the huge and highly toxic mess of China Film Group.

In this case, it is better to wait for Huaying Group to officially go bankrupt, everyone compete fairly and win what they like at the lowest cost.

The most valuable thing about Huaying Group is naturally the huge copyright library it has accumulated over the past 100 years.

It has long been regarded as a bag by various giants.

Thinking of this, Wen Jingtao smiled leisurely, the feast was about to begin.

Emperor Entertainment.

Bai Chongshi watched the live broadcast on the TV at this time, with the same expressionless look on his face, and he couldn't see what he was thinking.

For two years in a row, Zhonghuang Entertainment, which is a giant, fell one after another in the same film company, which made Bai Chongshi's heart extremely embarrassed.

At several private gatherings, he was ridiculed by some old friends, which made his face a little unbearable.

Especially last year, a so-called 3D blockbuster by the other party swept the global film market, and at the same time broke the global box office record, which shocked him and made him feel a chill in his heart.

The other party is growing up too fast.

It's beyond his imagination, and now it's not like Zhonghuang Entertainment can suppress it if it can be suppressed.

Theatrical distribution, media and television promotion, film company production, in just three years, that young man has established a complete film industry line.

From the shooting and production of a film to the release and release, he was completely in his own hands, free from any threat, and avoided the occurrence of a well-known crisis to the greatest extent.

It's just a hedgehog, so Bai Chongshi has nowhere to start, even if he has the energy to the sky, it's in vain.

Besides, that guy has been favored at the top of the government one after another, and now he has heard that he has cooperated with the military again, even if he wants to use some background backstage forces of Zhonghuang Entertainment, he is also afraid, and some unsightly actions are not dared to be taken out at all.

This also became Bai Chongshi's heart disease for a year.

The bankruptcy of Huaying Group, although Bai Chongshi has a tacit understanding with other giants, he does not want to insert a foot in the most competitive copyright library.

Because the box office of several films in the past two years has not met expectations, the company's cash flow is a little tight, although he can find a way to raise it, but he still gave up the idea after thinking about it.

His mind is still on his own film company.

Are you going to start a 3D movie project this year?