Chapter 228 High-End Bureau (2)
"20%?" Yang Cheng and Jack Ma looked at each other, and then they both lowered their faces at the same time.
In order to ease the atmosphere, Shi Juren interjected, "You guys are going to jointly enter the theater industry? Don't you think it's too late?"
After all, it was Jack Ma's subordinate who spoke just now, Yang Cheng is not good at cursing, if it were his own staff, he would have started spraying directly, the young master's money is blown by the strong wind, right? The budget is for nothing? If you say it's over budget, it's over budget.
He took a sip of wine angrily, pondered for a while and replied, "Currently in country Z, nearly 30,000 screens belong to less than 50 theaters, among which the market share of the top ten theaters is about 66%, and the top 4 The market share of large theater chains is about 40%, compared to the mature market where the top four theater chains in North America account for 60%, the top three in South Korea account for more than 95%, and the top two in Australia account for 50%. Domestic theaters still have huge integration space."
Listening to the data that Yang Cheng just opened his mouth, everyone's perception of Yang Cheng has risen to a higher level again. This is because they have real talents in their stomachs, and they don't rely entirely on the help of their family.
Shi Juren nodded knowingly, but still held a different view, "The cost of building a new theater now is not as high as it was 10 years ago. I'm still not optimistic about the development of this field."
As a bigwig in the entertainment industry, Dong Wangjun, the veteran of Huayi, has the most right to speak. He said for the first time tonight, "It is true that the commercial real estate in core cities has become saturated, the space for new theaters is getting smaller and smaller, and the movie market is slowly slowing down." After the super-high-speed growth stage, the premium space of movie theaters has been squeezed, and it will be even more difficult for new theaters to pay back."
Yang Cheng raised his glass to Wang Jun, and respected from the air, "Wang and Dong are highly respected, so more and more large theaters are taking the road of merging and acquiring small theaters. This will not only reduce the waste of resources, but also get more upstream At the same time, the procurement cost is lower, and it is more confident when negotiating with film producers and suppliers. Moreover, the larger the scale of the theater chain, the more stringent and efficient business strategies it can bring, thereby reducing costs.
Of course, these benefits are only small profits for ambitious cinema chains. Their real goal is to establish a giant company that runs through the upstream and downstream of the film. At present, only Wanda in country Z is most likely to achieve this ambition. , and Jack and I just hit it off and started working together after seeing this. "
Wang Jun returned a cup, nodded and sighed again and again, "Jason, your knowledge is rare among young people in China. Fortunately, you did not develop in China, otherwise Huayi will face a powerful and energetic enemy."
"Wang Dong is over-reputed. My personality is unfettered, and I can't let go of my hands and feet in China. Moreover, I don't have the strength to concentrate on running a company. Even my new era media is handled by professionals. , I'd rather spare time to travel with beautiful women." Yang Cheng was very clear-headed, and frankly admitted her shortcomings.
Everyone laughed~
Jack Ma, who didn't know what he was thinking before, came back to his senses, still with a sullen face, drinking alone and said, "Although I am not a professional filmmaker, I am very interested in this art and have done a lot of research. In this industry, the link closest to making money is always distribution.
Just like Bona, after entering the 21st century, it has always been the largest distribution company in country Z. Later, Huayi surpassed Bona with the help of capital and became the leader of private distribution. Now Guangliang and Leshi, including Wanda that Jason said Among these giants, Wanda has an incomparable advantage in ground publicity and film arrangement by virtue of the terminal advantage of the theater chain, so we still have a long way to go. "
When Jack Ma mentioned Leshi, Yang Cheng subconsciously sneered, which attracted the attention of several big shots.
He waved his hand awkwardly, "Jack, don't get me wrong, I suddenly remembered something interesting."
"Oh? Say it out and let's all be happy together." Giant Shi cheered on.
"It's nothing,
It’s the Leshi that Jack mentioned. My subordinates also submitted Leshi’s financing report to me, but I rejected it. To be honest, that fake Leding is a big fool in my opinion, a typical idealist. , The ability is inversely proportional to the brain hole, I am not optimistic about the development of Hulushi, the whole big bubble. "Yang Cheng was also on alcohol, so he didn't think too much about it.
Lin Ying's expression changed, Yunfeng Fund also participated in the financing of Leshi Sports, and she led it, "Jason, do you have any basis?"
Yang Cheng didn't want to say much at first, but it can be seen that everyone looked over and wanted to hear his different opinions from this young talent from Wall Street. You must know that Leshi is the most popular Internet company in recent years.
That being the case, let's pretend to be 13, organized a language in my mind, and said with a confident and slow smile, "The biggest problem with Leshi at present is that the business is too complex. Anxious to enter the ecosystem of upstream and downstream industrial structures, mobile phones, televisions, and I heard that they will also enter electric vehicles. The ambition is really too big, and they are obsessed with blindly spending money. An industry with long-term investment.
The beautiful visions that are close at hand but far away in the sky, I do not deny that once successful, they will inevitably bring great profits, but all of these require a lot of money to support, and the rapid expansion of Leshi in a short period of time does not matching strength. "
In fact, this analysis is not difficult, but people are used to walking on the bright road and unconsciously avoiding dirty stinky sewers. At the peak of Leshi, everyone was chasing fake Lestop and touting his great strategy Conception, excellent and superior thinking, but deliberately not thinking about the rationality of it, all blinded by interests.
"Of course, this is just my family's opinion. If you listen to it, you don't have to take it seriously." Yang Cheng immediately added, as for whether people take it seriously or not, he can't care about it. It's just pretending to hide merit and fame when things happen. 13 of the highest state.
He didn't give everyone a chance to compliment, and turned back to the topic of theater chains, "Jack, I think we have to change our plan. If we continue to make acquisitions one by one, I'm afraid we will miss the best time for theater chain integration."
At present, the joint team of New Era Media and Ahri Films is in the south and the north of Z country, one by one to attack the local theaters in the first and second tier cities, adopting the strategy of encircling the cities from the countryside, and then merging the north and the south to form a new national theater chain.
But now it seems that this idea is a bit unrealistic. Is it necessary to withdraw funds and focus on a medium and large theater chain? You have to raise the banner first before you can sing.
"Yes, but the top ten theater chains in China are currently operating well, and it may be difficult to win without paying a price." Jack Ma approved Yang Cheng's suggestion.
"Lao Ma, Jason, Hua Yi must be brought along in this matter." Wang Jun interjected at this moment.
Hearing Wang Jun's anxious tone, Yang Cheng couldn't help laughing secretly. He had heard about the grievances between Wanda and Huayi. It's not a day or two since Huayi tried to break free from Wanda's encirclement. It's a pity that your uncle will always be your uncle, and his arms can be twisted Got thighs? It's useless even if Pan Jinlian is reincarnated!