Back to 80: My Literary Life
Chapter 786
"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 burden for the province. More importantly, there is no hope of profit, so we are planning to package 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 heard from my wife that the factory has long I want to update the equipment, but I just don’t have the money.”
Fang Minghua didn't say anything.
In my memory, Xi Film Studio also carried out reforms 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, Beiying, and Changying have all failed to recover. 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%……\u0026*(*
Fang Minghua was speechless and vowed to concentrate on fishing!
The hard work paid off. After working for a long time, he caught 6 fish today. Fang Minghua was quite satisfied. Of course, it was far behind Lu Yao's trophies.
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 families?" Fang Minghua asked.
"It is said that it is Huayi Brothers and Enlight Media."
"That's all whether you are Song Tangtang's opponent!"
"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 secret activities to fight against the increasingly powerful Dementors. of Voldemort. But no one was willing to reveal more information to him...
OK!
After revising it carefully, I sent 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 and walked around in the yard, playing with flowers and plants to relax his eyes.
Several 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 out of the back door of the garage.
"Eh? Did 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 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 Studio?"
"Yes, Director Zhang said, this is what the provincial leaders meant. They said that Xiying Film Studio cannot be left half-dead like this. Now that the country has proposed the reform of state-owned enterprises and set a goal of getting out of trouble in three years, the province is also under great pressure." Oh, that's right
Fang Minghua was not surprised and continued to pick up the shovel to loosen the soil in the flowerpot: "What kind of merger and acquisition method?"
"Director Zhang said that Xi 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 Xi Film Studio, will take a certain share, or Shengshi Film and Television will acquire it entirely. 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 anyway and I need to wash it, 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?"
"As you know, 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 Award, but now people like Zhang Yimou are basically cooperating with us. As for the dragon mark, we have it now, so I don’t think it’s necessary to get it.”
"Besides, Xiying Film Studio currently has many employees and heavy burdens, as well as foreign debts and a group of laid-off workers. Now annexing them is equivalent to the country throwing burdens 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, causing not only private opinions among people from the two units, but also shock in the domestic film industry.
This is the first time that a domestic private film and television enterprise has "eaten up" an old state-owned company!
Although this form is common in other industries, it is the first case in the film and television industry.
Recalling the glorious period of Xiying Studio from the 1980s to the early 1990s, it is a pity.
In the chairman's office of Huayi Brothers' headquarters building at Xinyuan South Road, Chaoyang District, Yanjing,
a well-mannered middle-aged man is reading a newspaper seriously.
He is Wang Zhongjun, the helmsman of Huayi Brothers.
In 1994, Wang Zhongjun obtained a master's degree in mass communication from the State University of New York, and returned to China to start a business. Together with his brother Wang Zhonglei, he founded Huayi Brothers Advertising Company.
At that time, domestic banks did not have a unified logo, while in the United States, the logos of companies of a certain scale were all designed in a unified way.
Wang Zhongjun saw this and began to lobby major banks to design a unified logo, and soon received the approval of the banks. As a result, Huayi Brothers, which was established less than a year ago, received the corporate image standardization order for 15,000 outlets across the country of Bank of China. Soon after, Wang Zhongjun won orders from large enterprises such as Huaxia Bank, PetroChina, State Grid, and China Unicom. Since then, Huayi Brothers Advertising Company has risen rapidly, with annual sales reaching 600 million yuan, and it has become 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. "Psychological Clinic", which invested only 5 million yuan, 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 is very optimistic about Feng Xiaogang, but unfortunately the other party is fighting fiercely with Shengshi Film and Television and has no time to take care of him.
However, the other party also said that there will be opportunities for cooperation in the future.
Now, he is looking at the latest edition of China Film News, which prominently publishes a piece of news: "The glory and decline of a state-owned film studio." The article details the rise and glory of Xiying Studio and its current decline. At the end of the article, it says that one of China's most famous state-owned film studios has finally fallen to being sold to a private enterprise. What is the problem? Market? Mechanism? Talent? This is worth deep thinking for every leader of a state-owned enterprise.
Wang Zhongjun certainly doesn't need to think deeply. He is more concerned about what is mentioned later in the article: Will Shengshi Film and Television acquire Xiying Studio?
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