Since both the small partner group and the Wanda group are not listed companies, the efficiency of asset mergers and acquisitions is very fast. The two of them discussed orally www.biquge.info and the voting at the shareholders' meeting of their respective companies was completed in just a few days.

On September 6, 2008, the partner company and Wanda Group jointly announced a shocking news - the acquisition of Wanda Cinema Line by the partner, with a transaction amount of 800 million yuan.

With this merger and acquisition, Xiaodi Group, with 600 screens, has become the largest cinema group in Asia.

At present, there are three cinema resources under the Little Partner Group - Little Partner Cinema Line, Golden Harvest Cinema Line and Wanda Cinema Line. Each theater line is taken out separately, and it is a supergiant that makes the entertainment industry respect three points! The development of the three major cinema chains focuses on the direction, which is also different!

Golden Harvest Cinema Line currently focuses on South China, Hong Kong and Taiwan, as well as overseas markets, with more than 27 theaters and more than 100 screens. Among them, there are only 5 domestic theaters, and most of the others are from Hong Kong, Taiwan and overseas. Relying on Golden Harvest's platform, the partner company has the ability to issue cross-regional in Asia. There is no need to cooperate with other companies, and only relying on the company's internal cinema resources, the film can be distributed to Hong Kong, Taiwan, Southeast Asia and other areas with a large Chinese population.

The Little Partner Cinema Line is already the largest cinema in China, with branches in more than 20 cities, 35 cinemas and 400 screens. Even Zhongying and Shangying have expanded far less than their partner cinemas in recent years.

As for the newly acquired Wanda Cinema Line, the latest ranking is fourth. With 100 screens, although it is a new cinema chain that was only established in 05, its strength should not be underestimated. In the past, the development of Wanda Cinema Line was carried out in line with the expansion of Wanda's commercial real estate projects. In the future, even if it is acquired by a small partner company, Wanda Cinema Line will still maintain a cooperative relationship with Wanda Commercial Real Estate.

To put it simply, in the future, Wanda will open a square, a small partner cinema or a Wanda cinema line. Still settled! Moreover, the two parties also signed an exclusivity agreement. The small partner group has the right to settle in, and Wanda Plaza, where the small partner cinema line is settled, will no longer allow the second non-partner cinema to settle in!

With the acquisition of Wanda Cinema Line by the partner company. It is expected that the box office share this year should be more than 1.5 billion yuan, and the estimated market share is between 20~25.

If the box office share of Golden Harvest Cinemas is included, the annual box office revenue of the small partner group can reach at least 2.5 billion yuan!

All of a sudden, this news made the domestic film and television industry have an earthquake-like reaction!

"The little partner company is awesome!"

"In the past, when Hong Kong Shaw Brothers Pictures was at its peak, it couldn't compare to its current friends, right?"

"Today, the leader of the Chinese cinema chain market. It should be a little friend! ”

"Do you want to give it back...... Brokerage and film producers are all the first in the industry, and a monopoly theater chain must be established! ”

Shaw Brothers Film Company, in its heyday in the 70s, had a cinema chain in Hong Kong and Nanyang on a scale similar to that of Golden Harvest now.

At that time, the Shaw Brothers did not have the qualification to operate a cinema chain in China. The small partner company already has the largest cinema chain in China, and it is still continuing to merge the top five large-scale cinema chains in the industry!

Many "giants" have smiled bitterly, this is the real giant! controlled one-fifth of the domestic cinema market, and naturally easily stood at the top of the food chain of the film and television industry.

Not to mention. The channels of the partner company are not only domestic theaters, but also overseas theater distribution channels and Internet distribution channels. Station B, which focuses on charging, is currently expected to have more than 500 million revenue a year, and about half of this 500 million revenue is shared with content providers. Therefore, Station B is currently having an increasing influence on the film and television industry, because Station B is divided into 200 million a year, which is almost no less than the amount of royalties that partner theaters give to partners every year!

Station B under the small partner. Insist on charging for content, all kinds of exclusive and genuine animations, movies, and TV series are all free to watch at the beginning, but the follow-up is paid. With. The small partner company cracks down on piracy with an iron fist, although it cannot completely sweep away piracy, but it has let some relatively large "friend businessmen" - Youku, Tudou, LeTV, 56.com, and PPV know that the resources of the small partner company cannot be stolen. Once stolen, the legal department of the small partner company. Sue the other party like a mad dog!

If it is not yet a climate, you don't want to go public, you don't want to have a future. In other words, the slings who are not afraid of wearing shoes and going to jail are not afraid of the slings, and the small partner company is estimated to have not done anything against them. However, the main goal of these companies with a certain scale and a round of venture capital, venture capital and various capitals is to package these websites for listing. There are copyright issues, legal hidden dangers, and even copyright lawsuits that seriously affect the company's operation and future prospects, so it is naturally impossible to go public! Therefore, the partner company seized the sore feet of these friends who were gradually formalized, and forced the friends to stop pirating the genuine resources of the partner company. In this way, the genuine content of station b of the partner company, the number of subscriptions will naturally rise. The most awesome TV series, a single episode has millions of genuine subscriptions, which is equivalent to millions of dollars sold on the Internet per episode. The real sale is at this price, instead of buying the copyright of hundreds of thousands of episodes like other friends, relying on advertising to recover the cost, and the click-through rate is tens of millions per episode, and it is difficult to earn back the procurement cost of popular episodes. What's more, the click-through rate of friends is relatively large, and the calculation method is different from that of station B under the partner. Their tens of millions of clicks are not as large as the millions of clicks on their partners' websites.

It is precisely because of this that Station B, a small partner, had a revenue scale of more than 100 million yuan in a single month last month. It can be said that Station B has become a super content sharing platform that is no less than the offline cinema resources of small partners!

……

At the press conference, Wang Qinian and Wang Jianlin stood in a row, and the two were interviewed by the media with smiles.

And countless people in the industry are also looking up to these two figures at the top of the industry pyramid. Well, Wang Jianlin is a former figure at the top of the pyramid, and after this transaction, he will withdraw from the theatrical market. Specializing in real estate. Even if he makes a lot of money in the real estate business, as long as he doesn't directly operate the theater, it is difficult to transfer his influence to the entertainment industry!

Therefore, in the minds of countless people, Wang Qinian has been regarded as the godfather of the future entertainment industry!

In addition to the country, in terms of the market alone, Wang Qinian's influence can reach the first!

"Mr. Wang......"

"You ask that Mr. Wang, we have two here!"

“……”

"In order to distinguish the two presidents Wang, let's call Director Wang and Boss Wang!"

The scene was lively, and it was clear that many people had countless questions to ask.

"Boss Wang, what is the reason why you are willing to give up Wanda Cinema and sell it to Director Wang?" A reporter from People's Daily Online asked.

"I was mainly moved by Director Wang's dream and persistence!" Wang Jianlin opened his eyes and said nonsense, "Xiaoyou Company is a great company, ten years ago, when he was still in school, he fought for a dream to make a good movie and build a world-class entertainment company." After that, he put forward the dream and slogan of surpassing Disney. At first, many people thought that this young man was too arrogant, and after making a few movies that made money, he forgot who he was! I didn't pay attention to him at first, but later, with the development of Director Wang's career, we also began to have business cooperation, and gradually, I began to be very curious about his experience and ideals. In the end, I have to admire, Director Wang is the purest one of the young people I have ever met, he not only has dreams, but also has always been determined to work hard and wisdom for his dreams! In terms of execution, it is also impressive! Finally, in order to fulfill Director Wang's dream, accelerate his progress beyond Disney. At the same time, he also hoped that China's film and television industry would develop better, so he sold the theater chain to him. After all, the cinema chain is in my hands, but it is just an ordinary business, and in the hands of Director Wang, it will play a greater role! ”

There was amazing applause at the scene!

Although, Wang Qinian slandered in his heart, this old Wang is pure nonsense. What is moving for the dream, if it weren't for his willingness to pay 800 million, would Lao Wang be willing to sell?

Of course, selling the asset because the price is right, this ...... Speaking out, there is no force, and it may be disgusting. Therefore, it is normal to embellish it and change it to the current rhetoric.

"I am very grateful to Mr. Wang Jianlin for handing over Wanda Cinema Line to us, and in the future, although the Wanda Cinema brand is owned by us, our partners will still retain the brand name of Wanda Cinema Line as a symbol of friendship between us and Wanda Group. In the future, the cooperation between us and Wanda Group will continue, and Wanda's real estate development and operation experience is also very helpful to the career of our small partners! Wang Qinian also put a high hat on Wang Jianlin of Wanda Group.

Next, the leaders of radio and television, culture and so on, have come to the stage to congratulate, and the official blessings to the partner company!

After the press conference, the entire domestic entertainment industry knew that the industry had changed and entered a new era!

A Chinese entertainment aircraft carrier, similar to half of Disney, has begun!

In the past, state-owned enterprises such as China Film and Shanghai Film had policy resources, but it was difficult to create an internationally competitive entertainment aircraft carrier due to factors such as the inflexible system and serious brain drain.

At present, although there is still a gap with Disney, people have found that the status of the small partner company in China's entertainment industry is close to Disney's status in the American entertainment industry.

Other entertainment companies, compared with their friends, are really not a grade!

For example, Huayi, Guangguang, Hualu Baina, New Picture, and Orange Sky Entertainment are not a level of enterprise at all compared with their partners.

It seems that there is no need for the partner company to compare with them, that is, the grandson company of the little partner - Golden Harvest Entertainment is already a listed company with a market value of 20 billion, and the market value of Golden Harvest alone is larger than the asset scale of all domestic film and television companies combined!

Next, where will the partner company go is also the focus of countless people's attention...... To be continued.