Chapter 158 I want it all, it complements each other
Since he accepted Lin Xiumin's suggestion, the dozen or so stores Li Feng was looking for were not suitable.
So he called Li Feng and explained the situation.
Li Feng asked: "Boss, do you need me to find a store again?"
Gao Yan thought for a while: "In this case, you go to the commercial plaza in the city and look for a store with an area of more than 500 square meters."
"Okay boss!"
Since we plan to build a branded milk tea shop, the two milk tea shops in Bandung Plaza and Hengda Plaza are not suitable. Once the large-scale milk tea shops are opened, these two will be sublet.
As for the one in the university town snack street, we can keep it.
Five o'clock in the afternoon.
Gao Yan, who was reading a book, received a call from Li Chaonan.
Li Chaonan: "Xiao Gao, I already have letters from the entertainment companies you want me to help find. There are three companies in total. I will send their information directly to your WeChat. You can take a look first!"
Gao Yan: "Okay, I'm sorry to trouble Brother Li. I'll come to Magic City to treat you to dinner later."
Li Chaonan: "Okay, it's settled!"
Less than a minute after the call ended, Li Chaonan sent Gao Yan a document.
After clicking it, Gao Yan watched it carefully.
These three entertainment companies are called Haitian Entertainment, Huanrui Century and Tianxing Entertainment.
Among them, Haitian Entertainment is relatively pure and does not cultivate stars, but focuses on filming movies and TV series.
This company came into existence in 2008. Over the past seven years, it has shot a total of 7 movies, an average of one movie a year, but it has also shot many TV series, more than 20 in total.
Among the seven films, the highest-grossing youth film took in 340 million. Two of the other six films made a small profit, and the other four all lost money.
On the contrary, more than 20 TV series filmed were sold, 15 of them made a profit, and the rest all suffered losses, but the losses were not high.
Looking at the titles of these movies and TV series, many of them have seen or heard of them.
Why does Haitian Entertainment want to sell the company?
The reason is simple.
They teamed up with other companies this year and spent 330 million to invest in a blockbuster movie, because Haitian Entertainment was the dominant one and invested 180 million.
The lead actor is a top-notch little guy.
Just when the movie was about to be screened in theaters, something happened to the top star and he was arrested.
Naturally, the movie he starred in can no longer be released.
This was the first time he was working on a large project, and he encountered such a problem, which hit Haitian very hard, so Boss Haitian had the idea of selling the company.
After all, the company's liquidity is all tied up in this movie, and it also has to face troubles from partners and sponsors, so it simply doesn't have the heart or time to work on new projects.
Selling the company is the best option.
Because Haitian Entertainment does not have a star business, and there is no guarantee whether the behind-the-scenes team will stay, the offer is very low, only 15 million.
Even so, not many people are willing to take over because Haitian has not resolved matters with partners and sponsors.
The partners can argue, but the sponsors will definitely have to refund their sponsorship fees, because before the incident, the top-notch youngster was very popular and attracted a total of 20 million yuan in advertising sponsorship.
Even if you don’t lose more money, you still have to pay compensation of 20 million. Therefore, the acquisition of Haitian Entertainment will cost you at least 35 million.
Let’s talk about the Happy Century.
This company is much better than Haitian Entertainment. The company has its own celebrity artists, including 16 actors, 22 singers, and more than 30 trainees.
Their business is also quite broad, including movies, TV series, variety shows, and recording albums.
The reason why we want to sell the company is not that we can't continue to operate it.
The boss of Happy Century is called Chen Zhixing. He was already 50 years old when he founded Happy Century in 2000. Over the past ten years, Happy Century has grown bigger and bigger.
But six months ago, Chen Zhixing suffered a stroke and was hospitalized, and was unable to preside over the work of Happy Century.
His successor son, Chen Shanhai, has his own company, which is larger than the Happy Family, but has nothing to do with the entertainment industry. Moreover, he is not interested in entertainment companies at all and is not willing to take over.
So I plan to sell Happy Century.
However, what he wanted was cash, not replacement, so even after half a year, Happy Century still hadn't been sold.
At the beginning, Chen Shanhai quoted 660 million yuan. After half a year passed and it still didn't sell, he lowered the price to 600 million yuan, but 600 million yuan in cash is not a small amount.
Therefore, no one has been willing to take over.
Let’s talk about Tianxing Entertainment. This company is the largest among the three entertainment companies. This company not only has its own shooting team, but also has many celebrity artists.
In addition, they also have their own distribution channels and theaters.
Although they do not control many theater chains, there are not many entertainment companies that have both distribution channels and theater chains.
As for why the company should be sold, there are two reasons.
First of all, Star Entertainment has been cooperating with Hong Kong circles from the beginning. Ten years ago, Hong Kong circles were very popular. If you just find a Hong Kong director and bring in a few Hong Kong stars to make a movie, the audience will be sold.
But the audience's viewing ability will also improve. After losing their freshness, works from Hong Kong will no longer be popular, and mainland stars will also rise one after another.
Therefore, Tianxing Entertainment was prosperous 10 years ago, but it will not be good 10 years later.
But exactly 10 years later, the decision-makers of Star Entertainment repeatedly bet on the wrong thing. For example, last year, they released a new movie by a famous Hong Kong director with a guaranteed box office of 800 million.
As a result, the final box office of this movie was only 180 million, which directly caused Tianxing Entertainment to suffer a huge loss.
What does guaranteed issuance mean?
To put it simply, the distributor will give you an early settlement share based on the box office of 800 million. If the producer can get 40% of the share, based on the guaranteed box office of 800 million, the distributor will directly give the producer 320 million.
But the box office is only 180 million. Even if the publisher can get 50% of the share, it can only recover the cost of 90 million.
Direct loss of 230 million.
After experiencing this guaranteed release incident, Star Entertainment almost became a joke in the industry, and they were completely disappointed in the Hong Kong industry.
Later, I invested in several mainland movies one after another. As a result, all the movies I invested in suffered losses after they were released.
The successive losses made the boss of Star Entertainment very angry, and the senior executives who led these projects were also fired by him. When these senior executives left, they also took many of their subordinates with them.
Seeing this, other companies followed suit and poached Tianxing Entertainment.
Now, not only are there vacancies in middle and high-level management, but celebrities are also changing jobs one after another.
Frustrated, the boss of Tianxing Entertainment came up with the idea of selling the company.
However, although Star Entertainment has experienced a major fluctuation, the skinny camel is bigger than a horse, and it still has theaters in hand, so the sale price is as high as 1.2 billion.
Several entertainment companies among them had the idea of taking over, but the boss of Tianxing Entertainment was dissatisfied that these entertainment companies were adding insult to injury and rejected all their acquisitions!
Han Shangyu's Shangtian Entertainment is also planning to acquire Tianxing Entertainment.
However, because Han Shangyu added insult to injury, the boss of Tianxing Entertainment also rejected him!
However, the Han family has too many connections. If Gao Yan does not intervene, I believe Tianxing Entertainment will eventually fall into the hands of Han Shangyu.
After reading the information, Gao Yan sent a WeChat message to Li Chaonan: Brother Li, I have read all the information.
Li Chaonan: Which one do you like?
Gao Yan: Only children make choices, I want them all.
Haitian Entertainment does not act as a celebrity agent, but has a strong behind-the-scenes team, and Happy Century has good actors and singers. As for Tianxing Entertainment, its management is vacant and its stars have almost been poached, but it has distribution channels and theaters.
If the three companies can be integrated into one, they will definitely complement each other.