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Chapter 402 Digging? (1/5)

Lao Wang has long seen the future of the domestic real estate market, and the real estate market has passed a period of wild growth and has entered a steady adjustment.

Or, the country is ready to cut leeks!

The bankruptcy of Tsuyoshi Akira's Seibu Group and Yakone made him very alert!

To be honest, Lao Wang is very good at it.

Although Zhang Junsheng said that he sells a house, it is worthy of admiration for anyone to do the best in one thing!

Wang’s fortune is definitely not something that a simple person can do. His success lies in how he is between business and the powerful!

Personal charm is very important to have a good father-in-law.

Secondly, you must be sober at critical moments before you can stand in the right team immediately.

After the army was demobilized, he worked in a construction unit in Dalian, and then became a small official. After the reform and opening up, he went out to work alone and bought a piece of land that no one else wanted to buy. Everyone thought that was not good. Not only did Wang buy it, he also invested all the money to build a high-end residence!

How advanced is it?

There was no such residential area before Da*lian!

Because of this, the cost has increased significantly, no one is willing to buy this expensive house. Everyone says Wang Jianlin, are you stupid?

As it turns out, Lao Wang is indeed very good at having a good deal, and that residential area is selling well!

Then, he went to the capital and brought him a political background for decades to come. Businessmen who did not understand politics in China were not big. They were either robbed by tricks or made small fuss and worked hard.

Realizing that the ceiling of real estate was coming, Lao Wang made a quick decision and transformed!

In the entertainment industry!

Entertainment has no ceiling!

So, he chose to start with theaters.

As we all know, as a link in the production chain, theaters have never been valued by Hollywood - because they can't make much money!

However, as long as you master enough theaters, you will definitely be able to feed back to the upstream...

With the world's number one theater chain in hand, Wanda has the right to have an equal dialogue with the six major Hollywood stars;

And relying on theaters, we can acquire a content manufacturer and establish a distribution system;

Most importantly, the Chinese government has reached an agreement with the United States to relax restrictions on Hollywood, and this agreement proposes to increase the chances of private enterprises to release imported films, which means that the third license for the issuance of imported films is likely to be issued.

With the world's largest theater chain, Wanda is in a favorable position when competing for the third license.

Of course, the cards are not enough, and he still needs to prove his ability in filmmaking!

Wanda Film and Television has invested in and released several movies, but the box office and influence are insufficient.

After looking through the movie box office rankings, I concluded that the construction of the domestic film industry is far from keeping up with the speed of box office growth and the speed of Chinese people's pursuit of high-quality movies...

He needs to rely on Hollywood's powerful film industry. Of course, the best way to expel capital is to acquire overseas...

Wanda needs an upstream production end!

If Big Lao Wang had to choose by himself, he would definitely choose MGM instead of Legend Pictures!

However, MGM's price is outrageous, with a debt of US$6.8 billion and US$4 billion, and US$10.8 billion. Lao Wang can take over, but the country may not be willing to approve it...

Then let’s settle for the second best, and chose Legend Pictures.

They had already had a close conversation with Legend, but they didn't expect that Yuehua had a quarrel at this time!

...

"It's two different things to participate in the production and own copyright. The copyright of "Batman" and "Hangover" is in Warner's hands, Jurassic Park is in Universal's hands, and Godzilla is in Sony's hands. In fact, there are no valuable movie resources in the legend's hands."

"Legendary Pictures is a film investment company. Legend Entertainment, the parent company of Legendary Pictures, is jointly invested by six private equity companies. Legendary Pictures mainly cooperates with large Hollywood studios through the strategy of platter investment. It has previously worked with Warner Bros. for 8 years and invested in 40 Warner movies. Later, it did not renew its contract and then cooperated with Universal Pictures, but its performance in recent years has not been outstanding."

"At present, the overall "environment" of Hollywood films is not very good. It is difficult for Legend Pictures to participate in some high-quality projects, so the investment risk is very high. This is why Legend Pictures was "abandoned" by Warner Bros., who had worked with for eight years."

Wan Ziren and Freman, the two explained Legendary Pictures to Zhang Junsheng through video...

"Of course I know that Legend Pictures is not worth it. The reason I bid is to raise the price!"

Zhang Junsheng curled his lips. He has Tingfeng. Tingfeng has a large number of high-quality IP resources in his hands, and he has burned it after reading it.

Only when your mind is in the water will you choose Legend Pictures...

What does Legend Pictures have?

To put it bluntly, if Zhang Junsheng is willing, he can contact a few bigwigs to form a platter investment company and form a new legend...

Wan Ziren changed the topic: "Last week, "Luxing 2" had a $52.56 million first weekend, and this series can continue to be done!"

"…The box office is so high? Ray Warner did a good job!"

"It's okay, but the first movie of Yijiang Entertainment, "The Girl with Dragon Tattoo", was not very good at the box office..."

"It's okay, David Finch's movie DVDs sell very well, and you can't lose much money!"

"I hope..."

"The Girl with Dragon Tattoo" invested $90 million, and the investment was a bit high. Of course, the shooting location was in Sweden, and the local tax refund was 30%, which was an investment of more than $60 million!

It is estimated that the possibility of recovering costs through the box office is not high!

Artists Entertainment, a subsidiary of Dingfeng, signed five film contracts with David Finch, and after reading it, he also signed three TV series with him...

There will always be a huge hit!

"House of Cards" will be launched soon...

...

After discussion, Lao Wang and Wanda's senior executives believed that as long as Wanda insisted on winning Legend Pictures, Yuehua would definitely retreat!

Of course, if the acquisition price exceeds US$4 billion, Wanda will give up the acquisition and turn to other companies.

American Hollywood movies, Miramax and DreamWorks animation are all high-quality resources!

After the meeting, the Wanda acquisition team quickly adjusted the quotation and increased the acquisition price from 3.5 billion to 3.9 billion US dollars, which is 100 million US dollars higher than Yuehua's quotation.

Sure enough, after Wanda made a quote again, Yuehua directly chose to give up!

Obviously, they are here to raise the price!

Lao Wang was so angry that he felt pain. He could have done it with $3.5 billion, but now he spent $400 million more...

Fortunately, the bank paid for the bill...

I really have to spend my own money... where did he get his own money?

Wanda's profit last year was 9 billion yuan, and the bank's owed nearly 400 billion yuan, and it was a bit difficult to pay interest alone.

Now the policy is inclined toward real estate. When deleveraging and more stable macro-control measures are implemented, we will wait to sell assets!

"Call Ye Ning and Tang Ningyu and say I want to see them!"

Zeng Maojun was startled: "Ye Ning? Tang Ningyu? Yuehua's Ye Ning, Tang Ningyu?"
Chapter completed!
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