Chapter 62 Reach an Agreement
Wanda Cinema Cinema Line, with a total of 1 billion shares, is all in the hands of Wang Jianlin.
Wang Jianlin's price is 3 yuan for 1 share, which is 3 billion yuan!
This means that a Wanda cinema will reach 42.857 million yuan!
There is no doubt that this price is high!
Haotian Media can't come up with so much money.
Li Hao had a headache, Lao Wang's knife really made him feel distressed.
"What's wrong?" Jingtian took a bath and came out wrapped in a bath towel.
Seeing Li Hao frowning, he couldn't help but be a little curious.
"It's not that the negotiation with Wanda is not going well, Lao Wang's asking price is too high." Li Hao rubbed his brows.
Jing Tian was even more curious: "How much does it cost?" ”
"3 billion RMB!" Li Hao sighed.
Theaters, in fact, are not very profitable, rent, water and electricity bills, employee salaries, etc., it is difficult to make money just by sharing the box office of the theater, and it is actually popcorn, water, and derivatives that can generate profits.
But even so, if the theater chain can make money every year, Li Hao will not be tempted.
After all, making movies and TV series is the real money.
The profit margin of film and television companies is high!
In terms of earning power, theaters are far inferior to film and television production.
But the theater is very important, it is to directly provide the movie to the audience, without it, no matter how good the movie is, no matter how much it is filmed, it is useless.
Li Hao wants to engage in cinemas, but also to build the moat of Haotian Media.
Let Haotian Media have its own cinema chain, so as to build the entire industrial ecological chain, and will not be controlled by others.
This is like Huayi, which has not given up its investment in theaters for so many years. After going public last year, it was a large-scale construction of theaters.
"That's a lot of money!" Jingtian smacked her tongue, she was frightened by Wanda's offer.
"Wanda Cinemas are all in Wanda Plaza, and now there are 70 Wanda Cinemas across the country, and the location is relatively large." Li Hao explained.
Wanda Cinema does not have less than 8 halls.
Jing Tian listened to it in a daze, and didn't understand much.
Li Hao sighed.
Telling her is equivalent to playing the piano to a cow.
Or is he responsible for making money, and Jingtian is responsible for being as beautiful as a flower.
......
"Beijing Love Story" continues to be filmed.
The shooting went smoothly and there were no moths.
The difficulty of filming this movie is even worse than "Living Together in Time and Space".
On this day, Li Hao ushered in Wang Jianlin in the hotel.
Seeing the immature Wang tearing onion behind Wang Jianlin, Li Hao faintly had a faint impression that this Wang tearing onion seemed to have the title of Principal Wang later.
However, the impression is very vague, only staying at roadside stalls to eat skewers and nightclubs to make Internet celebrities.
Yes, this one seems to love Internet celebrities, and the women around him seem to have an Internet celebrity face, with very unique tastes.
"Mr. Wang, Mr. Wang, welcome!" Li Hao stepped forward with a smile.
Wang Jianlin smiled: "Director Li, I've heard of the big name for a long time, and I only saw it today, the hero is a young man, the same age as this stinky boy in my family, but he is much better than him." ”
Yes, Li Hao and Wang tearing onions are the same year.
A few people arrived at the tea room, Li Hao's side, just him and Jing Tian.
And the other party only has Wang Jianlin and Wang tearing onions.
The two negotiated, Li Hao attached great importance to the cinema chain, and Wang Jianlin also attached great importance to the cinema chain, and even regarded it as one of the four pillars of Wanda Group at the beginning.
But business can be discussed!
Wang Jianlin is most concerned about Wanda Plaza, and if Wanda Plaza wants to do well, it must first have good popularity, and if there is good popularity, it will attract others to enter Wanda Plaza.
The cinema undoubtedly plays a very important role in Wanda Plaza.
In essence, he doesn't care if Wanda Cinema can be sold or to whom, what he really cares about is whether he can buy the cinema at a good price and bring good popularity to Wanda Plaza.
There is no doubt that Haotian Media is a good choice.
Of course, Wanda also thought about buying Haotian Media before, but Li Hao never thought about selling Haotian Media at all.
Negotiations, no tongue-in-cheek, fierce exchanges.
More than an hour later, Li Hao and Wang Jianlin reached a cooperation.
2 billion wholly-owned acquisition, Wanda Cinema 700 million debt by Haotian Media, at the same time, in the future, every Wanda Plaza will have a Wanda Cinema, retaining the signboard of Wanda Cinema.
Within ten years, Wanda will not be allowed to invest in the cinema chain, nor will it be allowed to enter this market by way of equity participation.
Li Hao entertained Wang Jianlin and Wang Tearing Onions to eat together, and the two left after eating.
"Dad, didn't you say you were going to sell it for 3 billion before, why are you selling it like this now?" The king was puzzled.
"Tear the onions, we really invested 500 million in the studio, and now we have sold 20 billion, and we have made three times as much money in five years, so be content!" Wang Jianlin patted his son on the shoulder.
"With these 2 billion yuan, we can leverage 20 billion projects!" Wang Jianlin taught Wang to tear the onion earnestly: "Our core is Wanda Plaza, we only need to ensure the flow of customers, and we can benefit from the good operation of Wanda Cinema, as for whether it is in our hands or not, it doesn't matter!" ”
"Remember, business doesn't look at preferences, only profits!" Wang Jianlin said.
"Then why is Li Hao still willing to spend money to buy it?" Wang tearing onions was a little incomprehensible.
"Interests, Haotian Media only produces TV series and movies now, it has no distribution channels, we have! Haotian Media can also invest in its own construction, but construction takes time, and time is money! "Wang Jianlin saw this very thoroughly.
At the beginning, Wanda was not ready to do its own cinema chain at all, but hoped to introduce Warner, a joint venture with Warner, and jointly support Warner Cinema in Wanda Plaza. However, due to various factors, Warner failed to apply for a cinema license in China, and could only participate in independent cinemas. It couldn't run an independent cinema company, so Warner lost interest in continuing to invest in cinema assets in the Chinese market.
Because the cinema chain jointly built by Warner and Wanda was not completed, Wanda had to apply for a license by itself and set up a Wanda cinema in 05.
Unexpectedly, Wanda Cinema Line is not the expected loss-making business, but a money-making business. It can not only attract popularity to Wanda Plaza, increase the flow of people in Wanda Plaza, but also make money.
Therefore, Wanda's investment in cinemas has increased year by year.
However, at present, Wanda Cinema has 70 cinemas and 600 screens, and the box office is only 1 billion yuan, and with other income, the profit is less than 100 million yuan.
And a company like Wanda, with a debt ratio of more than 90%, is almost as dangerous as walking a tightrope.
Now the situation is much more relaxed, and Wanda can engage in ten times leverage.
2 billion yuan, Wanda can leverage the project of 20 billion yuan and obtain a lot of profits.
Naturally, Wang Jianlin will not hold it and not sell it.
Moreover, the cooperation between the two is a win-win situation, and it can continue to win in the future.