Chapter 786 "Merger and Acquisition of Xiying Film Studio?"
"Sold?"
"Yes, Xiying Film Studio has been losing money in the past few years and has taken on a lot of debt, which has become a problem for the province. The burden is heavy, and more importantly, there is no hope of profit, so I plan to pack it up and sell it together with the debt," Lu Yao said.
“To whom?” Fang Minghua asked.
“I don’t know, this is just a rumor. Of course, it is possible to restructure the debt, just like the national cotton factory, or it may be transformed into a joint-stock system to encourage social and private equity participation. There are different opinions.”
"No matter what you do, you have to face the market and the test of foreign blockbusters." Fang Minghua said lightly.
"Yes. Nowadays, Xi Film Factory not only has a rigid system, but also has aging equipment. Shengshi Film and Television has begun to use digital photography equipment, but Xi Film Factory still uses film cameras from more than ten years ago. I listen to my wife He said that the factory had wanted to update the equipment for a long time, but it was because there was no money. "
Fang Minghua didn't say anything.
In my memory, Xi Film Studio also reformed and established a group company in history, but no matter how hard it went, it could never return to its peak period in the 1980s.
Not to mention, Western Film, such as Beijing Film and Changying Film, are all in straits. People only remember private companies such as Huayi Brothers and Enlight Media.
"Stop talking, the fish bit the hook." I heard Lu Yao say, and with a raise of his hand, a grass carp was caught.
I%......&*(*
Fang Minghua was speechless and vowed to concentrate on fishing!
The hard work paid off, and I caught 6 fish today after working hard for a long time. Fang Minghua was quite satisfied with the fish, but it was much worse than Lu Yao's trophy.
Fang Minghua went home in the afternoon, and Song Tangtang, who had gone to Yanjing, also came back, looking excited.
"Minghua, the State Administration of Film has agreed in principle to include Shengshi Film and Television as the three private film companies in the pilot program! We no longer have to look at Xiying's expressions!"
"Congratulations, who are the other two? "Fang Minghua asked.
"It is said that it is Huayi Brothers and Enlight Media."
“Those are all your Song Tangtang’s opponents!”
“Flattery?” Song Tangtang rolled her eyes at him. But why does it look so different in Fang Minghua's eyes?
Let's talk in the evening
Fang Minghua's life is still ordinary. This afternoon, the fifth part of "Harry Potter" "Harry Potter and the Order of the Phoenix" was completed.
The story tells that during the long summer vacation, Harry Potter was trapped at No. 4 Privet Drive and was unexpectedly attacked by dementors. He knew that Dumbledore and members of the Order of the Phoenix were stepping up their secrets activities to fight against the increasingly powerful Voldemort. But no one was willing to reveal more information to him...
OK!
Revise it carefully and send the electronic version of the manuscript to Li Li in San Francisco.
Fang Minghua stretched and looked at his watch. After four o'clock in the afternoon, he went downstairs to walk around in the yard, playing with flowers and plants to relax his eyes.
The pots of roses against the wall of the yard were in full bloom. Fang Minghua picked up a small shovel and prepared to loosen the soil. Suddenly he heard the sound of a car coming from outside. Within a few minutes, he saw Song Tangtang coming from the back door of the garage. come out.
"Huh? You get off work so early today?" Fang Minghua asked while loosening the soil.
“I went to the provincial government and went home directly without going back to the company.” Song Tangtang said, sitting on a small chair and sighing softly.
"What? Did you encounter something unpleasant?" Fang Minghua turned around and asked
"That's not really true. Today Bureau Zhang of the Radio, Film and Television Bureau called me specifically to ask me to go to his office. He hopes that Shengshi Film and Television can acquire Xiying Film Studio." Song Tangtang said.
"Merger and acquisition of Xiying Film Factory?"
"Yes, Director Zhang said, this is the meaning of the provincial leaders, saying that we can't just watch Xiying Film Factory die half-dead like this. Now the country has proposed The reform of state-owned enterprises has set a goal of getting out of trouble in three years, which will save a lot of pressure. "Oh, that's right
Fang Minghua was not surprised and continued to pick up the shovel to loosen the soil of the flowerpot: "What kind of merger and acquisition. Law? "
"Director Zhang said that Xiying Film Studio will be directly merged into Shengshi Film and Television. At that time, the State-owned Assets Supervision and Administration Commission, the superior department of Xiying Film Studio, will take a certain share, or Shengshi Film and Television will acquire it wholly. Come on, let me help. You.”
Song Tangtang said, taking the small shovel from Fang Minghua's hand and helping to loosen the soil.
"Look at you wearing a white suit, you are not afraid of getting dirty." Fang Minghua reminded.
"It's okay. It's already dirty and needs to be washed anyway, so I just want to help you."
Hearing his daughter-in-law's coquettish tone, Fang Minghua knew that she was hesitant and needed to talk to someone. .
Of course he didn’t know anything else, so he started picking some dead leaves and asked:
"What do you think?"
"You also know that I have always had this plan in the past two years to find a way to bring over Xiying Film Studio. I am envious that they have so many good talents and can apply for the Dragon Label. , but now people like Zhang Yimou are basically cooperating with us. As for Long Biao, now that we have it, I don’t think it’s necessary to get it.” There are also foreign debts and a group of laid-off workers. Now annexing them is equivalent to the country throwing the burden on us." Song Tangtangtian finally smiled bitterly.
"Did you tell Director Zhang this?" Fang Minghua asked.
"Of course not, I just said that this is a big matter, I have to consider it carefully, and the group headquarters needs to negotiate carefully." Song Tangtang asked.
"Okay, listen to the Red Army again. After all, he is the chairman of the group." Fang Minghua said.
“Well, there’s no rush anyway.”
Shengshi Film and Television is going to merge with Xiying Film Studio!
This news was quickly leaked, not only people from the two units had different opinions privately, but it also caused shock in the domestic film industry.
This is the first time that a domestic private film and television company has “eaten” an established state-owned company!
Although this form is common in other industries, this is the first example in the film and television industry.
Recalling the glorious period of Xi Film Studio from the 1980s to the early 1990s, one cannot help but sigh.
Yanjing, in the chairman's office of the Jia Huayi Brothers headquarters building on Xinyuan South Road, Chaoyang District,
a gentle middle-aged man was reading a newspaper seriously.
He is Wang Zhongjun, the leader of Chinese Brothers.
In 1994, Wang Zhongjun received a master's degree in mass media from the State University of New York in the United States. He returned to China to start his own business and established Huayi Brothers Advertising Company with his brother Wang Zhonglei.
At that time, domestic banks did not have a unified logo, while in the United States, the logos of slightly larger companies all had a unified design.
Seeing this, Wang Zhongjun began to lobby major banks to design a unified logo, which was quickly recognized by the banks. As a result, Huayi Brothers, which was founded less than a year ago, received a corporate image standardization order from Bank of China for 15,000 outlets across the country. Soon afterwards, Wang Zhongjun won orders from Huaxia Bank, PetroChina, State Power, China Unicom and other large enterprises. Since then, Huayi Brothers Advertising Company has risen rapidly, with annual sales reaching 600 million, and it became one of the top ten advertising companies in China in just three years.
In 1997, Wang Zhongjun participated in Yingda's TV series "Psychological Clinic" by chance. With an investment of only 5 million yuan, the "Psychological Clinic" made Huayi Brothers a net profit of more than 4 million yuan, with a rate of return of more than 90%. It also made Wang Zhonglei begin to realize the wealth and opportunities that the film and television industry can bring.
So, he turned his attention to the film and television industry.
In China, to make a good movie, you must first have a good director. He was very optimistic about Feng Xiaogang, but it was a pity that Fang Zheng and Shengshi Film and Television were too busy to take care of him.
But the other party also said that there will be opportunities to cooperate in the future.
Now, he is looking at the latest publication of "China Film News", which contains a message: "The Glory and Decline of a State-owned Film Studio." The article describes in detail the rise and glory of Xiying Film Studio to the present. The decline process, the article said at the end, is that one of China's most famous state-owned film studios has finally been reduced to being sold to a private enterprise. What is the problem? market? mechanism? Talent? This is worthy of deep thought by each of our state-owned enterprise leaders.
Of course Wang Zhongjun does not need to think deeply. He is more concerned about what is mentioned later in the article. Will Shengshi Film and Television acquire Xiying Film Studio?
(End of this chapter)