Entertainment, I just like making movies

The next day.

Fang Ziheng said goodbye to the little sister's grandmother and flew to the emperor with the little sister.

When he goes back this time, he mainly has two things to deal with.

The first is to check the distribution department of the group and decide on several film projects for external distribution.

With the completion of "Journey to the West: Conquering the Demons", the total domestic box office has successfully exceeded 1.2 billion yuan.

Overseas, it lived up to expectations and grossed US$97 million at the box office.

Adding the two together, the movie's global box office has exceeded US$200 million, surpassing "Crouching Tiger, Hidden Dragon" and just below several movies produced by Hengyu Media Group.

Hengyu Media's distribution capabilities have been thoroughly established in the industry. Since the end of February, the distribution department has received more than a dozen producers seeking distribution.

The employees in the distribution department are happy and confused.

Faced with the sudden cake, on the one hand, I want to eat it all. On the other hand, I want to maintain Hengyu's undefeated record and select some movies with potential and reputation for release.

After some tangles, the matter reached Fang Ziheng. Lin Wei, the vice president of the group and director of distribution, personally called and asked the big boss to go back soon to help them check the situation.

In addition, Fang Ziheng also has to hold a new year's work meeting to set the general development direction of Hengyu this year.

Oh, right.

When he went back today, he had to attend the large entertainment strategic business group press conference held by Alibaba in the Imperial Capital.

Originally, Fang Ziheng didn't want to go. Hengyu and Alibaba Pictures just had a dispute, so there was no need to go there to flatter him.

But Hangcheng Ma personally called him and asked him to be there to discuss important matters.

After wiping it off, Hangcheng Ma also praised Fang Ziheng: "If Director Fang, a big brother in the industry, doesn't come, the press conference will be at least half as bad."

There was no other way, so Fang Ziheng had no choice but to agree to go and have a look.

From the conversation with Hangcheng Ma on the phone, we can hear his concern for the entertainment industry and his high profile towards the entertainment industry.

After all, he is a leading figure in the Internet and is in charge of the behemoth Alibaba. Hangcheng Ma is qualified to stand at a higher level and overlook the film and television industry.

The other party took the initiative to invite Fang Ziheng, but he just took advantage of the situation and exposed the conflict between Hengyu Media and Alibaba Pictures to show his magnanimity.

If Fang Ziheng goes to the press conference, it will show his attitude and does not take this conflict to heart.

If you don't go, you will let the outside world speculate and be looked down upon by your colleagues in the industry.

At the 2012 China Economic Figure Award Ceremony that just concluded, Hangcheng Ma won again and was elected as one of the Economic Figures of the Year for the second time.

Along with him were King Wanda Jianlin and Rebus, who claimed to be able to suppress the 'four great kings'.

As the saying goes, the good wind will send him to the blue clouds by force.

This point in time is the beginning of the Hangcheng horse's high spirits, and it can still be awesome for several years.

It doesn't hurt to give Fang Ziheng some face and learn how to brag like an old horse.

March 20, 3 p.m.

Four Seasons Hotel Imperial City.

Alibaba held a press conference to officially announce that Alibaba Pictures Group has been upgraded again and established a large entertainment strategic business group.

As expected, Hangcheng Ma, chairman of Alibaba's board of directors, attended the meeting in person and was the first to speak on stage.

Below the conference hall, in the middle of the third row.

Eight people, including Fang Ziheng, Wang Zhongjun, Wang Changtian, Yu Dong, Song Ge, iQiyi Gong Yu, Tengxun Pictures Chen Wu, and Dodou Video deputy director Wang Wei, sat together.

Seeing Lao Ma appear with a red face, Fang Ziheng couldn't help but smile.

coming.

Lao Ma started to pour chicken soup!

“Ten years ago, what did people lack most?”

"We are most in need of food and clothing, and most in need of bank deposits!"

"Today, 10 years later, people's lives have undergone earth-shaking changes. Do you know what people lack most?"

"Lack of entertainment, lack of health!"

"The purpose of the establishment of Alibaba's cultural and entertainment strategic section is to enable the Chinese people to supplement their 'culture and entertainment', 'mental health and happy mood'.

Its ultimate goal is to help China's entertainment industry reach the top of the world and compete with Hollywood in North America!

To this end, we must do more innovation and exploration in the cultural industry, and provide more adequate, more specific and broader positioning services in business, project, and industry management.

Use a multi-faceted, multi-angle, and multi-level architecture to complete the "integration" of great entertainment in the new era and achieve the service purpose of mental health, entertainment and happiness for all! "

Gao Dashang's chicken soup speech received countless applause.

Hangcheng Ma gave an impromptu speech with high energy and taught a group of film and television industry executives in the audience a good lesson.

Not to mention how shocked other people were, even Fang Ziheng had read the reports on the Internet in his previous life, and he listened to them with great interest and was filled with emotion.

The total valuation of the eight major business groups after integration is at least 60 billion yuan, instantly comparable to the top film and television company Huayi Brothers.

So courageous!

Fang Ziheng's eyes flickered, thinking of Hengyu Interactive Entertainment, which will be launched next year.

After several rounds of negotiations, Hengyu Interactive Entertainment finally completed the last round of financing with a total valuation of 24 billion.

Among them, Hengyu Media holds 52% of the shares, and five companies, Five Elements Director Company, Qidian Chinese Network, Tudou Video, Hengyu Cinemas, and Tiangong Yicai, each hold 4%.

Star Cinema, Enlight, and Baoli Cinema also each accounted for 4%, while Wanda Film and Television exclusively held 8.5%.

The remaining 7.5% was divided into 20 shares, ten of which were funded by directors with close relationships such as Xu Zheng, Ning Hao, Liu Qianqian, Deng Chao, and Liu Ye, as well as celebrity artists under the group.

For the last ten shares, Fang Ziheng gave them to the ten executives who had made the greatest contributions to the group.

Earn money together, this is his consistent code of conduct.

The valuation of 24 billion also set the highest valuation in the film and television industry before listing.

Compared with the 10 billion valuation of Galloping Horse last year, Hengyu Interactive Entertainment has more than doubled.

According to capital analysis and forecasts, Hengyu Interactive Entertainment will be listed in the summer next year, and its total market value is expected to be 60 billion to 70 billion.

This is the stock price of benchmark Huayi!

After all, Hengyu Interactive Entertainment is no worse than Huayi in any aspect.

Coupled with the fact that Hengyu Media is behind the production of movies, it has full development potential and the outside world is very optimistic about it.

In the previous life, Huayi's total market value exceeded 70 billion in 2014 and 90 billion in 2015, becoming an instant legend.

But even so, the overall volume of Hengyu Interactive Entertainment after its listing is comparable to the large entertainment business group established by Alibaba today.

This is still the result of Alibaba Entertainment not being listed on the market. The valuation alone is more than 60 billion soft sister coins!

"What a generous move! What a generous move!"

Song Ge sighed repeatedly, thinking about Wanda Film and Television, and found that even if it merged with Wanda Cinemas, it would not be able to compare with the lineup created by Ali.

Yu Dong was even more envious. He smacked his lips and murmured: "It's really awesome. In our row, only Fang Dong's Hengyu can compare with it. Even Wang Dong's Hua Yi is almost unworthy."

Yu Dong felt sad when he thought that Bona's U.S. stocks would have to wait until June to return.

Wang Zhongjun, who was on the side, rolled his eyes and secretly scolded him for being such a dumb boy.

What's wrong with Huayi's old paper? Isn't the market value of 60 billion very weak?

Among the people present, Fang Ziheng and Wang Zhongjun were the most relaxed. They held Hua Yi, whose market value had exceeded 60 billion, in their hands, giving him great confidence.

In his view, as long as Hengyu Media Group is not listed, Huayi's status will never be shaken.

He can still maintain his reputation as the number one Chinese film and television company.

As for Alibaba's integration of resources and the establishment of a large entertainment business group, this has been expected by everyone.

It’s just a valuation, not a market value!

Thinking of this, Wang Zhongjun lit a cigarette in front of everyone, squinted his eyes and said with a smile: "I'm afraid, how much can the valuation be worth? Among us, who is not worth billions or tens of billions? Those people from Alibaba Entertainment in the audience Executives, we don’t have money yet!”

"Haha, yes, yes, Director Wang is right!"

"I just remembered that one of us, Director Fang, is a real rich man. His net worth is not much worse than that of Hangcheng Ma."

Song Ge smiled and cast a joking look at Fang Ziheng.

As soon as these words came out, everyone's attention instantly shifted.

Wang Changtian took off his glasses, breathed a sigh of relief, and said with a leisurely smile: "Alibaba Entertainment is strong, but it can't be stronger than Hengyu. Their executives are arrogant, but they can't be as arrogant as Director Fang."

"Let's not worry. If the sky falls, Director Fang will be there anyway. As long as we keep up with Director Fang's pace, we won't have to worry about not being able to take advantage of the growing cake in the film and television industry!"

"Indeed, Hengyu Interactive Entertainment's valuation is 24 billion, which will at least triple when it goes public. By then, Director Fang's net worth will soar again!"

Yu Dong nodded slightly, then changed the topic and asked an insider question about the shopping mall.

"By the way, I heard that Baoli Group gave Hengyu Media a valuation a few years ago. Brother Fang, what do you think? Why don't you list it on Hengyu Media?"

The valuation of Hengyu Media!

Several people's eyes lit up and they muttered softly.

Several people are interested and want to know how much Hengyu is currently worth in the eyes of large capital?

Feeling their fiery gazes, Fang Ziheng shook his head secretly.

Who is this?

You are already the boss of a company, and you are still so gossipy!

Of course.

It is not a secret that Baoli Group wants to invest in Hengyu Media, and there is no need to hide it.

Fang Ziheng glanced at the press conference that was about to end, raised his right hand to make a 1 gesture, and chuckled: "Director He of Baoli talked to me personally and offered this valuation price, accounting for 10% of the shares!"

hiss..

Several gasps of air sounded.

Wang Zhongjun, Wang Changtian, Yu Dong, Song Ge, as well as Chen Wu, Gong Yu, and Wang Wei, who were sitting nearby and had been silent listeners, were all stunned, looking incredulous.

10 billion!

Only 10% of the shares!

In the end, is Baoli Group too rich, or is Hengyu Media Group too valuable?

They only knew that Hengyu Media's valuation was very high, but they really didn't expect it to be so high.

The price offered by Director He of Baoli Group is equivalent to raising the valuation of Hengyu Media to 100 billion in one fell swoop!

100 billion!

It’s tens of billions more than the large entertainment business group established by Alibaba today!

moment

Everyone looked at Fang Ziheng differently.

Especially Song Ge, Chen Wu, Gong Yu, and Wang Wei looked dazed, with a hint of reverence deep in their eyes.

That little expression was just like when they faced Wang Jianlin, Shen Chengma, and Li Yanhong. They admired them as much as they wanted.

Chen Wu recalled the scene the year before last when he and three other senior executives of Teng Xun blocked Fang Ziheng in a hotel in Shenzhen.

That day, Fang Ziheng proudly told them that China's entertainment output value would exceed 300 billion.

At the same time, the other party seriously and seriously rejected Teng Xun’s capital injection!

Now that I think about it, the other party is not bragging at all!

The four giants of Chinese-language film and television, excluding Bona, which is half-dead in the US stock market, Huayi, Guangxian, and Hengyu Media alone are worth more than 100 billion.

Alibaba Entertainment is worth tens of billions, and the pan-entertainment business group established by Tengxun is not much different.

Counting well-known companies such as Baidu iQiyi, Wanda, Galloping Pony, CTI, and Hengdian Film and Television Group.

China's entertainment output value has exceeded 300 billion!

Among many film and television companies, Hengyu Media is the pioneer and the leader.

Even if they train hard, Alibaba on the stage has to give up three points of courtesy in the film and television industry.

This is only 2013, the film market is still developing, and the film and television industry continues to grow.

In a few years!

Another ten years!

For a moment, Chen Wu was in a daze, as if he had seen the splendid prosperity of China's entertainment industry.

Tengxun Pictures, led by him, grabbed the richest piece of cake for Big Penguin, and together with Fang Ziheng, stood at the top of the industry!

As time passed, the press conference came to an end.

Shao Xiaoli, Secretary General of Alibaba’s Board of Directors, took the stage and announced the personnel appointments of Alibaba’s entertainment business group.

The first person to make adjustments was Youku CEO Gu Yong.

This guy was tricked by Fang Ziheng and caused a financial crisis for Youku Video during his tenure.

Retribution finally came. Gu Yong resigned as CEO of Youku and was reorganized into the director of strategic investment department of Alibaba Entertainment Group and concurrently served as the vice chairman of the Alibaba Entertainment Development Association Committee.

With horizontal transfers, the greatest real power is gone.

On the other side of the stage, everyone in Gu Yong was dumbfounded after hearing Shao Xiaoli's announcement. Some of them looked embarrassed and felt worse than eating a dead rat.

Fang Ziheng was so present that he didn't even look at the other party.

Gu Yong!

The former founder of Youku was doomed from the moment he became loyal to Alibaba.

Alibaba will never truly delegate power to outsiders!

Even if Gu Yong was one of the first batch of people to surrender to the dock, from the moment Youku was taken over by Alibaba, he lost his biggest capital!

The second person to be adjusted in personnel is Deng Kangming, the former Alibaba Pictures Group.

This guy was so aggressive that he tried to get Zhang Wei to contact Zhao Yanzi and Hengyu Media, but things didn't go well this time.

Retired as chief operating officer of Alibaba Pictures and served as co-president of Alibaba Entertainment.

It looks like he was promoted, but in fact he was offered a job and would be transferred to another job within a year and a half.

As for where to go, it all depends on Deng Kangming’s network at Alibaba headquarters.

The third person to be adjusted is Zhang Wei, the former number two person of Alibaba Pictures.

This strong woman who came out of the strategy department of Alibaba headquarters is tough-minded, strategic and sensible. She is the only one among the three who has been promoted, and has stepped up to serve as the chief financial officer of a large entertainment group.

Then there is Zhang Qiang. This guy has not been dismissed. Following Xiao Yiyi, he serves as the vice president of the Great Entertainment Group and concurrently as the CEO of Alibaba Pictures, specifically responsible for the film and TV series business.

In addition, Yu Yongfu, an angel investor in UC Browser, also received rewards for his promotion of Alibaba's acquisition of UC.

He suddenly became the chairman and CEO of the Great Entertainment Group and was fully responsible for the management of the entire group.

The first five have rewards for merit and punishment for demerits.

Alibaba makes no secret of its internal decisions and openly informs the outside world of their code of conduct.

Then, the big screen on the stage lit up.

Alibaba’s entertainment business group and eight major business groups appeared one by one.

Alibaba Pictures.

Youku video.

Ali Sports.

Ali music.

Ali Literature.

Ali game.

Alibaba Digital Entertainment Division.

And UC Browser, which has the highest market value!

At the same time, CEOs from major business groups also took the stage to receive appointment letters from Shao Xiaoli.

Alibaba Pictures Group has two leaders, Chairman Fan Luyuan and CEO Zhang Qiang.

The CEO of Youku Video was replaced by a middle-aged man named Yang Weidong.

This is also a powerful character. He was discovered and promoted by Gu Yong. In the end, he overthrew the old leader and took charge of Youku for several years.

In his previous life, Yang Weidong also served as the rotating president of the Great Entertainment Group. He was not kicked out until something happened in 2018.

He Xiaopeng, the founder of UC Browser, also found a good position this time, serving as the president of UC and concurrently serving as the deputy director of Dawen Entertainment Group.

Alibaba headquarters also parachuted a senior executive to serve as the secretary-general of the Great Entertainment Group.

Zhang Yu, the head of Alibaba's corporate development department, was parachuted in to replace Shao Xiaoli in supervising the entertainment industry, and at the same time acted as a messenger among the superiors.

With the personnel appointments completed.

A group of senior executives stood in a row, accepted interviews from the media in the audience, and took photos.

Fang Ziheng looked calm and glanced past the stage in an unhurried manner.

His eyes only paused slightly on Zhang Wei, Zhang Qiang, and the new chairman of Alibaba Pictures, Fan Luyuan.

These three people will be Hengyu Media's opponents in the next two years.

It's okay for Zhang Qiang. In one to two years at most, he will have to hand over his current position and stay with Gu Yong and Deng Kangming.

Zhang Wei and Fan Luyuan are different. They are direct confidants of Alibaba.

One is the former vice president of Alibaba’s strategic investment department, who parachuted in early to help Zhang Qiang stabilize Alibaba Pictures’ situation.

One is the biggest contributor to Alipay, a bold man who stood up to the hard-steel bank back then.

The two of them need merit and merit, as well as ability and ability. They are much more difficult to deal with than Gu Yong and Deng Kangming.

Fang Ziheng's mind wandered, recalling Fan Luyuan's actions after taking office in the previous life, and guessing where the opponent's first shot would be.

In any case, the valuation of the large entertainment business group established by Alibaba exceeds tens of billions.

Hengyu Media is on the defensive, so you should be cautious!

………

"Dear guests, thank you very much for coming to support me. Ali has some wine in the banquet hall next door. Please come over here!"

Following Shao Xiaoli's invitation, everyone moved to the banquet hall next door under the guidance of the emcee to attend the luxurious dinner prepared by Ali.

After leaving the conference hall, Shao Xiaoli quickly came to Fang Ziheng and others and greeted him cheerfully: "Director Fang, all bosses, we meet again."

"Congratulations to Chairman Shao for retiring with great success and building such a big entertainment group for Alibaba!"

Fang Ziheng smiled and complimented lightly.

Shao Xiaoli waved his hand and smiled modestly: "Director Fang is joking, I am just an errand boy, the real hero is our Chairman Ma!"

"Oh, by the way, Director Fang, Chairman Ma invites you to come over. Do you want to have a dinner first and then go, or..."

"Just now, I'm not hungry yet!" Fang Ziheng nodded, stopped and confessed to Yu Dong and others.

Then, he followed Shao Xiaoli through the corridor and came to a luxurious lounge on the floor.

There were only two people in the lounge.

Hangcheng Ma, and a young, beautiful and refined tea art lady.

My fault, the chapter name is wrong, Xiaodao asked the editor to correct it on Monday