Chapter 202: Strategic Cooperation (Part I)
Yingshuai listened to Li Changfeng's conditions, but he was a little disdainful, and Li Changfeng didn't mention the copyright of the work he liked the most.
In Yingshuai's view, with the advancement of science and technology in the future, the movie-watching experience between theaters and homes will be closer and closer, and he even thought that in the future, the cinema model will disappear completely, and the family will become the main channel for the release of films, and then the value of copyright will be fully reflected.
Moreover, now the development of film peripherals in Europe and the United States has been quite mature, and this part of the income is actually much higher than the box office of the movie, which also needs the support of copyright.
Even if Daming's business model is not mature, the film adaptation of video games and the like has begun to gradually become popular, just like Yingshuai himself, the income from the TV series adapted by Huang Feihong is not much less than the movie itself, not to mention that film and television works can be constantly remade.
For ordinary directors, they can only get paid, and big-name ones can also get box office dividends, but Yingshuai himself is the owner of the film company, and there is no shortage of distribution channels, and the cooperation between the two sides has to borrow a full set of Yingshuai Pictures, Li Changfeng's condition is a bit of a bully.
"Discuss, discuss, naturally there is a bargain, what conditions does the Ying Dao think is suitable?" Li Changfeng was not surprised by Ying Shuai's reaction at all, and asked with a smile.
Yingshuai said: "First of all, our company should also participate in the project, invest half of the family, and all the income is also half of the family. ”
Li Changfeng was noncommittal, and made a gesture to continue.
Yingshuai added: "Second, the overseas distribution of Yingshuai and Galaxy Films is jointly funded by both parties, and an independent company is established to be responsible. ”
Li Changfeng frowned, he didn't expect Yingshuai to be so difficult to deal with, and it wasn't entirely out of good intentions that he proposed to be in charge of Yingshuai Pictures' overseas distribution. When Yingshuai Pictures got used to overseas promotion through Galaxy's channels, it means that he pinched the distribution channels of Yingshuai Pictures, and he could use this handle to balance Yingshuai in the future, but he didn't expect Yingshuai to be confused by the huge interests in front of him, and suddenly saw through his intentions.
Li Changfeng said in a deep voice: "This is discussed again, you can talk about it after you set out all the conditions." ”
Ying Shuai smiled: "In the end, I want to take over the theater chain you want to get rid of." ”
Li Changfeng looked meaningfully at Li Xingyun, who was playing with his mobile phone, Xinghe wanted to shrink the domestic and overseas development, and it was a natural move to give up some theaters, and he was indeed looking for a buyer at present, but this news is still in the confidential stage, and the channel for Yingshuai to get the news is worth scrutinizing.
Li Changfeng said: "Let's say the same, it's okay to invest half of it, but the income Galaxy will account for 70%, including our channel resource bonus." ”
Naturally, the marshal had different opinions, and the two sides had a war of words, and finally the two sides agreed to invest half of each and the income was seventy-three, but the copyright was half of the family. In addition, the salary of the handsome is still according to what Li Changfeng said, 20 million plus 5% of the box office share, which is included in the cost.
"Second, it's impossible to set up a distribution company, the channel is completely ours, what can you provide?" Li Changfeng felt that the second point, Yingshuai was a little whimsical, even if he saw through his purpose, he could only eat this poisonous fruit.
"We'll discuss the second point later, let's talk about the acquisition of Galaxy Cinemas first. Yingshuai didn't seem to care at all, but Li Changfeng knew that he could only pretend not to care, because this kind of one-sided matter of strength was not allowed to be discussed.
"The theaters that Galaxy wants to sell, although they are not first-class locations. Li Changfeng paused here when he said this, when it comes to such a large-scale transaction, he doesn't need to elevate himself, and in the end, both parties to the transaction still have to evaluate themselves.
"But the number of cinemas involved has reached 317, although most of the theater venues are leased, but all of them are long-term leases, and the shortest lease has eight years left, of which 21 are the ones we planned to develop into flagship cinemas, and these properties are all owned by us. Li Changfeng said the basic situation of selling the cinema, but it also meant that Yingshuai would retreat, and the cinema to be sold this time has exceeded 10% of the number of theaters under Galaxy, and the amount involved is also extremely huge, but I am afraid that it will exceed the current total valuation of Yingshuai Pictures.
"Mr. Li, these 21 cinemas are all in second- and third-tier cities, and there is none in first-tier cities. The average assets of each of these 21 companies are about 80 million, that is, about 1.6 billion.
As for the remaining cinemas, the value of each cinema is between 1,000 and 25 million depending on the price of each theater in the city where it is located, and it is estimated to be around 4.4 billion according to the average of 15 million.
The two add up to about six billion, I'm not wrong, right?" said Ying Shuai with a smile.
Li Changfeng secretly scolded for being cunning, even according to Yingshuai's algorithm, the fractions erased by his two projects add up to hundreds of millions, and now hot money is pouring into entertainment, even if there is money where to buy so many well-laid and mature theaters.
This is about to be acquired, and with the original cinema chain of Yingshuai Pictures, it can jump into the top five of Daming cinemas. There will be no premium for this kind of sale.
However, Li Changfeng is too lazy to settle this kind of small account with Yingshuai, he just wants to discuss the general direction with him, and he doesn't think Yingshuai can get so much cash.
So he said: "Director Ying laughed, this is just the algorithm of the book, there are so many fixed customers in Galaxy Cinema, isn't the brand effect money? ”
The reason why Galaxy wants to sell this part of the theater chain is naturally to provide funds for overseas development, otherwise although Galaxy has long intended to cut some theaters, it will not be in such a hurry.
And in order to increase the attractiveness of capital, Galaxy does not hesitate to take out twenty-one flagship cinemas with complete property rights, Galaxy's flagship cinemas are all in particularly excellent locations, generally in the local prosperous area, and the price may indeed be about 80 million as Ying Shuai said, but the problem is that you have money and nowhere to buy it.
This kind of golden location, the land resources have long been sold out, unless the demolition is possible to add new land, but then the cost of building a new cinema is immeasurable, don't look at the old house is not worth much, but if the demolition is not doubled, who wants to move away.
Therefore, even if Yingshuai wants to lay out in this kind of prime location, it is impossible, this kind of cinema in a prime location is all available but not sought, and only fools are willing to sell it without a premium.
"Cash, of course, there is no cash. Ying Shuai smiled.
"Huh?" Li Changfeng is such a well-cultivated person, and his face has changed a little.
After talking about it for a long time, you have no money? If you don't have money, you can use a hammer! The anger in Li Changfeng's heart continued to rise.
But I heard the handsome man say slowly: "。。。。。。 ”
Li Changfeng suddenly became uncalm again.