In the process of film production, the money is like flowing water, and the average daily consumption is 1 million yuan. Pen, fun, pavilion www. biquge。 info This kind of squandering speed, if it were other film companies, I'm afraid I can't stand it for a long time, but the partner company is at ease.

After all, the small partner company does not mention the efficient money printing machine of online games, which brings more than 10 million yuan in cash to the company every day. This high-efficiency money printing machine is still growing rapidly, and there is no sign of stagnation in sight for the time being.

Just the film business of the partner company, the stable cinema business, and a large number of new film investments, so that the partner company is also generating profits every day in film and television.

Ordinary film investment, because there is cinema revenue to hedge its risk of box office failure. An ordinary movie loses money, at most, it will lose the box office revenue of the little partner theater for about a month. But the overall investment in theaters and movies is still difficult to lose money.

What is really risky is some of the big ones that have been invested in huge amounts. For example, for a movie like "Fate", the investment budget of one is equivalent to the profit of the theater chain owned by the partner for two years. Therefore, the company still needs to find a way to start avoiding the risk of bad box office before the movie is released.

This has nothing to do with filmmaking, it's more about business operation capabilities.

Wang Qinian personally executed the film, but Wang Qinian didn't care about the copyright operation of the film, and handed it over to Yu Dong.

Yu Dong is also famous for copyright operation in the entertainment industry, many domestic films have been released in many overseas countries and regions, and many overseas films have been introduced to China by him. Over the years, he has accumulated enough team, contacts and experience. A Chinese film, he can also promote it to the global mainstream market, and his operation and distribution ability is getting closer and closer to that of Hollywood giants.

In addition, the brand awareness of the small partner company has also attracted the attention of fans and industry insiders in many countries around the world. Therefore, it is not impossible for a film to be distributed to dozens or hundreds of countries!

Yu Dong really lived up to expectations. Before the film was released, it had already received about $50 million in advance money for the film's release.

This cash is guaranteed income, and publishers around the world pay the guaranteed royalty in advance. In the future, if the box office does not reach the amount of the guaranteed share, the partner company does not need to refund a penny of the advance payment, but effortlessly locks in the cost in advance, and the movie has not yet been released. The capital has been preserved.

Of course, if the box office share of the film in various places exceeds the guaranteed amount, the acting distributor still has to pay additional royalties.

After this very favorable clause was signed, Wang Qinian was also very satisfied - the blockbuster "Fate", from an investment point of view, has no risk at all, and is invincible.

What's more, the advance payment charged by Fate. Mainly part of the overseas market. Partner companies in Chinese mainland, Hong Kong, Macao, Taiwan and Singapore, have their own cinema lines, moreover, they are also the leaders in cinemas, these markets can also earn their own cinema distribution and film investment share double dividends.

Of course, in order to take care of Golden Harvest Entertainment, the only listed company under the small partner company, half of the investment in this movie is the funds of Golden Harvest Entertainment, and before, this fund was advanced by the parent company of the small partner. Wait until a series of contracts have been signed with publishers around the world to ensure that there is no risk. And after there is a huge box office share imagination space, the investor of the film has become Golden Harvest Entertainment to invest 200 million yuan in cash and obtain 60% of the investment equity of the film. The partner company itself has also reduced the equity to 20%, in addition. 20% of the investment, in order to attract partners and related households from all over the world, so other investors have been drawn. For example, the two giants of China Film and Shanghai Film have invested 20 million yuan. 20 million yuan. It was only when the film received a large amount of advance money and would not lose money 100% that the investment began. The investment in drought and flood protection is also aimed at maintaining relationships with these partners.

Of course, stimulated by the good news of "FATE", the market value of Golden Harvest, the only listed company under the small partner company, has soared to 20 billion yuan, shaking the entire Hong Kong financial market. Countless people vomited blood, saying that they knew that they had bought the bottom when the market value of Golden Harvest was less than 20 million yuan, and now they have obtained hundreds of times the income (due to the additional issuance of Golden Harvest, it cannot be a thousand-fold income).

The board of directors of Golden Harvest also passed a resolution in full swing - the issuance of new shares and the issuance of 6 billion yuan. 100 million new shares were issued, with an additional issue price of HK$60 per share.

Since the market price of Golden Harvest is more than 100 yuan, and the additional issuance price is lower than the current price, countless "arbitrageurs" have begun a frenzy of arbitrage, and the price difference between the primary and secondary markets has been arbitraged. Participate in the issuance of new shares, and then, sell them in the secondary market. As long as the stock price in the secondary market does not fall below 60 yuan, there is room for profit.

And countless stock commentators have predicted that Golden Harvest's stock price may rise to 200 yuan per share in the next year! Although, they list some of the future development prospects of the Chinese film market, as well as the growth rate of Golden Harvest, which are all correct. However...... Prices now are overdrawn for many years to come, and people are expecting a further doubling.

Even Wang Qinian, the actual controller of Golden Harvest, knows the prospects of China's future film and television industry, and feels that the media's comments on Golden Harvest are too exaggerated. It's just that Wang Qinian, as the boss of the company, will not say to the media and the capital market in disappointment: You are more optimistic about my company than me.

In fact, in the capital market, there are often examples where some investors are more optimistic about a company than the company owner, and then, the company's major shareholders frantically sell all the shares to investors, and they take a large amount of cash and leave the company.

Wang Qinian naturally won't do that, at least Golden Harvest, as the only listed capital platform under the small partner, he will not easily give up his controlling stake, even if the current valuation of Golden Harvest, the bubble is really very big.

But who calls it a bull market right now? Some garbage companies with no growth and no performance can be speculated at sky-high prices. What's more, Golden Harvest, which is owned by small partners, has both good performance and growth, and in the atmosphere of a bull market, it is actually not more expensive than the median valuation of the market. It's just that compared to the normal period and the price of the bear market, the current price is ridiculously expensive. Maybe people in a bear market are only willing to pay ten dollars for a price, and now they are willing to pay ten times or twenty times the sky-high price.

Due to the excitement of the global capital market in 07, people have not yet realized that a catastrophe is coming. Therefore, this additional issuance has attracted the interest of many capitals, including Deutsche Bank, Morgan Stanley, Goldman Sachs, and a bunch of giants, turning a blind eye to the bubble, but rushing to participate in the new share issuance.

Even if, Golden Harvest's net assets per share at this time are less than 4 yuan, and the stock price is more than 100 yuan, and the additional issue price is 60 yuan. The 40% discount alone has attracted capital to seek after. And these capitals are not ignorant of the bubble between 4 yuan assets and 60 yuan of additional issue price, but they have been affected by the bull market frenzy. In addition, Golden Harvest has continued to grow rapidly after the small partner company became the owner, which also makes people full of optimism about Golden Harvest.

There are even some "arbitrage parties" that are a little smarter than ordinary investors, and they are also mixed up at this time. If you miss this arbitrage, you may capsize in the gutter. Because, in addition to the company's valuation and growth, the bull market is a bigger factor that supports the stock price at this time. The asset bubble in the bull market makes the price of the stock price not look so glaring. In another bear market, even if Golden Harvest's share price falls to 20 yuan and a ten-fold price-earnings ratio, there will be countless people who are picking on the thorns and thinking that it is not worth so much.

The reason why the company chose to issue additional shares is because the partner company is ready to operate the brand of Golden Harvest for a long time, rather than making financial investment. It is precisely for this reason that they know that there is a bubble in the stock price, but they will not reduce their holdings in the companies they control. Choose to issue additional shares at a high price in the most frenzied stage of the bull market, increase the company's capital strength, and increase the net assets per share, so that the rights and interests of old shareholders can be improved because of the additional issuance.

It is only in a bull market that there will be fools who are willing to pay more expensive prices for the money-trapping behavior of listed companies.

And some shrewd listed companies will always sell their shares to investors when the bubble is at its largest. The way to sell stocks is to either brutally direct reduce holdings or more elegantly issue new shares.

It can be said that the biggest benefit of the movie "Fate" to the small partner company is probably not the movie income itself, but the expectation of film investment income, which makes the capital market more blindly optimistic about the growth space of Golden Harvest Company. In addition, there is a bunch of capital to pay for the additional issuance of Golden Harvest Entertainment, a subsidiary of the partner company. (To be continued.) )