Chapter 54
Alibaba Pictures’ 2o15 financial report was released in February, with a loss of hundreds of millions!
Normally, film companies that are new to the film industry always need money to learn some lessons. Wasn’t Wanda Pictures also come here like this?
Besides, Alibaba's actress backing big Alibaba is the most critical part of Alibaba's entertainment industry chain, so it is impossible for Ma Yun's father to leave him alone, and investors have confidence in him.
More importantly, Ma Yun’s father is planning and directly merged his Taobao business into Alibaba Pictures. Recently, it is reported that it will also hand over its Heyi Pictures to Alibaba Pictures under Alibaba Pictures. It is conceivable that Alibaba Pictures has a great position in Ma Yun’s father’s heart!
In addition, "The Ferryman", which was protected by Wang Jiawei, is about to be listed this year, so Alibaba Pictures' stock price has not declined, but has maintained a good growth rate.
Compared with Chen Lin and Zhao Liying's purchase, the stock price increased by at least 4 times.
"Wow! I'm rich!"
Ying Bao checked his stock account. The original 80 million yuan has now reached 350 million yuan.
"Yes, you little rich woman!"
Chen Lin smiled and pinched her nose.
"Then I'll give you the money..."
Liying thought about it and handed the phone to Chen Lin.
"What are you doing for me?"
Chen Lin is a little confused.
"Aren't you going to be a literary theater?"
"...Silly wife, I'm not short of money. If you make money, I'll make money too!"
Chen Lin was a little moved, leaned over and kissed her face, and then did some calculations: "I invested $600 million in the first place, sold half of it last year, cashed out $600 million, and there were still six percent of the shares left. This six percent is worth nearly $800 million now!"
"Are you going to sell them all?"
"How is it possible? If you sell them all, who will buy them? There are not so many retail investors who take over, and so many sell at once, it will have a great impact on the stock price..."
“…So, what are you going to do?”
Zhao Liying has no interest in these things at all.
"Well, find someone to take over. Zhao Junqi took over last year. Who should I look for this year?"
"Let's find Ma Yun, he has money anyway!"
"…What you said makes sense!"
Chen Lin nodded, as if he agreed to his wife's suggestion.
"Chen Lin, how should I spend so much money? Do you just deposit it directly in the bank?"
Liying changed her topic.
"Whatever you want, as long as you don't take drugs, don't gamble, don't give up a niche, do whatever you like!"
"Hmph! You are the one who keeps a young man!"
After thinking for a while, Liying said, "Or why don't I'll donate some money to build the road in our hometown, and the school's teaching building..."
...
In the next ten days, Chen Lin was busy discussing matters about the art theater with IQIYI, and the news quickly spread throughout the circle.
Most people will give a thumbs up, and of course some people will directly scold you, "Idiot! I'm so full of money!"
It was similar to what Chen Lin expected. IQIYI agreed to invest 20%, and the remaining 80% was provided by Shen Lin.
IQIYI started to open a cultural and artistic theater chain on June 1st.
A group of people in the Beijing Circle made various indirect comments. If they wanted to inquire about the news, they only knew that Chen Lin paid for the online art theater. No one knew what the specific was.
Chen Lin's mouth was very strict, and the entire studio kept it strictly confidential to the outside world.
In addition to this incident, Chen Lin really paid homage to Ma Yun and sold the shares in Alibaba Pictures, retaining only one percent.
With the cash out money, Chen Lin immediately started negotiations with Da Lao Wang and took over half of the shares of Xinli in Da Lao Wang for a price of 800 million.
He was almost busy, so Chen Lin was about to set off for North America.
The preliminary preparations for "La La Land" have been completed. Mianda called several times and wanted Chen Lin to arrive in Los Angeles as soon as possible. He couldn't wait!
However, there is something he still needs to deal with.
The release schedule of "July and Ansheng"!
...
The May Day holiday in 2016 arrived as scheduled.
The same goes for the same sentence, the wild growth of domestic films in 2o15 has caused the weakness of Chinese films in 2o16.
In addition, the box office in February was too hot, and all the enthusiasm for watching movies in the first half of this year was directly drawn.
Screens are increasing and theaters are constantly being built. Unfortunately, the box office of movies is not only not growing as expected, but has even declined compared to last year!
Especially in the box office market in April, the market was only less than 70% of last year.
There is no way, last April "Date and Passion 7".
But so far, in addition to the popularity of the Spring Festival, the movie schedule in the first half of the year has no hope.
Whether it is April Fool's Day, Qingming Festival, or the May Day holiday that is about to begin!
This year's May Day holiday, a total of seven domestic films competed.
"Beijing Meets Seattle's Untold Love Letter", "Hotpot Hero", "Phantom of the Demon Palace", "Xuanzang of the Tang Dynasty", "Whose Youth Is Not Confused", "Dream Partner" has been released for half a month. "Fantasy Forest"
The top spot is definitely "Northwest 2", which has a good reputation from the previous one. Even if you know that this is a money-making work, there will definitely be many viewers willing to pay for it.
In fact, this is true. On the third day of May Day, "Northwest 2" closed at 280 million yuan, occupying the top spot. However, on the third day of its release, the box office was already occupied by only 18% of the screening volume. Since then, "Northwest 2" has never won the single-day box office championship again!
There is no way, the reputation is too bad!
Typical shoddy work, the sincerity of making money is really lacking. Apart from the actors having something to do with the previous work, the plot has no connection with BJ and Seattle.
In contrast, although the new director of "Hotpot Heroes", the starring actors are powerful, the plot is well past, the quality is not bad, and the reputation advantage is huge. If it weren't for the predecessor of "Northwest 2", it would be too attractive, and it would probably have been reversed the box office the next day!
As of May 6, "Hotpot Heroes" has achieved a box office of 480 million, almost exactly the same as Chen Lin's previous expectations!
To be honest, "Hotpot Hero" did not participate in the variety show promotion much. At most, Zhao Liying's fans are powerful!
As for the remaining movies, whether it is "Phantom of the Demon Palace" created by the original cast of "Beijing 81" or "Dream Partner" directed by Zhang Taiyou, the box office is very poor, and it is certain that the loss is a loss.
"The Phantom of the Demon Palace" proves that Ruby Lin has never had box office appeal!
As for "Dream Partner", it means that Tangtang, Yao Dazui and the other two together cannot save a bad movie!
As for "Whose Youth Is Not Confused", it really fits the saying that youth films still need to be starring with young and popular actors, otherwise no one will watch bad films.
"Xuanzang of the Tang Dynasty" focuses on Huang Xiaoming. Brother Xiaoming never has box office appeal. However, he won the Best Actor of the Changchun Film Festival with this film, which is a bit of gain.
Chapter completed!