Chapter six hundred and sixty-two: Start a major acquisition of the film and television industry

Ye Zishu was also paying attention to Wancheng Jiye's affairs during this period, and seeing Wancheng Jiye constantly appearing in the news during this period of time, he was relieved a lot.

This shows that after Wancheng Foundation changed the person in charge, it did not affect the normal operation of the company, but instead developed its business at a faster speed.

In terms of real estate and expressway construction, it is obvious that the real estate business has developed much faster. First, the difficulty is relatively low. Wancheng Foundation has accumulated a lot of experience before.

On the other hand, the local government is very active in this. After all, it can not only bring them land fiscal revenue, but also change the appearance of the city and have a positive effect on the improvement of the local business environment.

In contrast, a lot of communication work needs to be done in the early stage of the expressway. Although there are privately invested expressways in China, the scale is very small. There are very few expressways with tens of kilometers or more than 100 kilometers.

Moreover, these expressways are basically concentrated in Guangdong, the frontier of reform and opening up, and there are very few expressways built with private funds in the mainland, which requires further emancipation of the mind.

Another reason is the huge size. The investment of 600 billion yuan is a blockbuster no matter where it is placed, and it has the power to change the entire industrial structure.

Ye Zishu told Guo Dongsheng that the money was just a preliminary preparation fund. According to him, if the money can be absorbed this year, it means that the mileage included in the expressway construction plan of Wancheng Foundation will reach at least 60,000 kilometers.

We must know that the mileage of highways in our country was only 160,000 kilometers in the past few decades, and it still took decades of development. According to the investment of Ye Zishu, these highways may be completed in less than 10 years.

Of course, this is only an ideal state. In fact, it is impossible to build the expressway Wancheng Foundation in some places. After all, they are private enterprises, and they must not do business at a loss.

Unless it is fully included in the overall settlement, it is impossible to build a highway that is destined to lose money alone, which is determined by the nature of investment capital.

Of course, if the state lets him do it, he will consider building different expressways, but then the nature will change, and it will no longer be viewed as a purely business project, but as a basic national welfare project.

There is an essential difference between the two modes of operation. If it is a purely operational project, the state does not have to bear any responsibility, and the profit and loss are entirely borne by the enterprise itself.

If it is a basic welfare project, if the operation loses money, the state needs to cover the bottom line. After all, the construction of the expressway has driven the development of the local economy, and the state can obtain more taxes, so naturally it has to bear more responsibilities.

At present, Wancheng Foundation is still carrying out work in this area as a purely operational project, because if it wants to become a basic welfare project, it will be difficult to pass it based on the current domestic situation, so it is unwilling to bother.

In fact, there are many benefits to turning it into a basic welfare project. First of all, it can ensure that the operating company will not suffer long-term losses, which is conducive to the company's active participation in it.

Because enterprises can obtain minimum profit guarantee, for example, if the enterprise runs a loss, the government will use financial funds to make up for the loss and guarantee a profit of about 5%.

Don't look at this as a bit of a trick, in fact, this is a very good move, which is equivalent to the government borrowing money from enterprises and paying a part of the interest every year.

The second is that the government does not need to borrow on a large scale, and most of the fiscal revenue can be invested in other livelihood constructions. If the expressway is profitable as a whole, the government does not need to make additional compensation.

Finally, ordinary people can also enjoy more advanced infrastructure services. As for tolls, they can be negotiated. Anyway, there is a minimum profit guarantee, and companies will not be obsessed with increasing tolls to achieve profitability.

When it comes to Wancheng Foundation, it is actually tantamount to investing in a business with no loss. Although the profit is very low, it is very stable and does not require much effort.

Although the idea is good, but considering the reality, he didn't mention it, he was already eye-catching enough,

Just don’t make trouble for some people, just run your own business well as a private enterprise.

Guo Dongsheng is currently in charge of expressway investment negotiations. He spends almost all of this time on planes and cars. He usually negotiates a framework agreement with the local government first.

Then leave a team and continue to discuss details with the local government, including which highways to invest in, what standards to build, how to operate, the scale of investment, etc., all of which are executed by this team.

In addition, Guo Dongsheng has to actively discuss with relevant departments. If these framework issues can be resolved a year ago, he will have completed his work before leaving office.

However, Ye Zishu is not very optimistic about this. Different people look at some things and come to different conclusions. From the perspective of Ye Zishu, it is a good thing, but in the eyes of people with different positions, it is not necessarily a good thing.

However, he is generally optimistic about this matter. After all, the real problem is in front of him. The domestic transportation problem has become the bottleneck of economic development, and it will definitely not work if it is not resolved.

In a flash, January 20th was the day when the high-level annual meeting was scheduled. Ye Zishu came to the office early and worked for half an hour.

Seeing that most of the staff had arrived, Ye Zishu started this year's annual meeting. Guo Dongsheng from Wancheng Jiye did not attend, but Guo Dongmei participated in this year's annual meeting.

The senior executives of other group companies still knew about Wancheng Jiye's change of president, although Ye Zishu didn't inform them because there was no need for it.

But they still knew very well from various news channels, so they were not surprised to see Guo Dongmei appear here, but they all greeted her warmly.

The first one was a meeting with Wang Changtian, President of Shengshi Cultural Group. They are developing very well in general, which can be seen from their revenue growth.

At this annual meeting, he didn't say much about other businesses, but made some arrangements for Shengshi Film and Television Company, mainly talking about their investment.

The Shengshi Cultural Group made a lot of money this year, but Ye Zishu didn't take any money, just to let them continue to strengthen the development of the cultural industry and train more cultural industry practitioners.

He also took Shengshi Film and Television Company as an example, because Shengshi Film and Television Company had been brilliant for a while, but now they are restricted in their development.

In this matter, Ye Zishu didn't have a good solution, and he couldn't help them with specific things all the time, so would he have to do other things in the future.

So he directly asked Shengshi Film and Television Company to increase investment, regardless of whether all the film and television dramas are successful or not, at least they must ensure more output.

Only by ensuring sufficient investment can more practitioners be accommodated. This is the first step in cultivating talents in the cultural industry, and it can also increase jobs.

And only by producing more works can the number of high-quality works be guaranteed. The high-quality goods are the ones selected from the mixed film and television dramas, and no one can guarantee that every one is a high-quality work.

As for profit, due to the current situation, Ye Zishu thinks that there is no need to pay special attention to it, but he puts special emphasis on originality, and even said that this is the meaning of the existence of Shengshi Film and Television Company.

If you really want to make money in the film and television industry, Phoenix Special Effects Company is a better choice. Not only is the shooting cost low, but also the output is huge. The comprehensive advantages are not comparable to the existing film and television industry.

Last year, Phoenix Special Effects Co., Ltd. just tried their hand at a small job, and they directly set off a huge wave in China, and they only tried their hand at the overseas market. This year will be a crucial year for their global development.

At that time, a large number of film and television companies may go bankrupt. Not to mention the price competitive advantage, the quantity alone will shock the film and television industry all over the world.

So he asked Shengshi Film and Television Company to cooperate with Phoenix Special Effects Company to select truly powerful or valuable companies from these bankrupt or about to go bankrupt companies for acquisition.

His original intention was not to overthrow all the film and television companies, or he would hurt himself in the end, but it was entirely possible to use this special status to acquire meaningful assets.

Only in this situation can they acquire the target they want to acquire. If it is another period, they may not be able to acquire a satisfactory target no matter how rich they are.

The reason is simple. Any country attaches great importance to film and television culture. These companies are often supported by large financial groups. Most of the truly independent film companies are small companies.

But in the face of Phoenix Special Effects' style of play, capital plays a very small role in it. Capital seeks advantages and avoids disadvantages. In a situation doomed to failure, they will definitely be willing to let go.

And they don't dare to ask for a high price. It is profitable for them to be able to get rid of these companies that are destined to lose money and are still losing money for a long time.

After being acquired by Shengshi Film and Television Company and Phoenix Special Effects Company, they will strengthen their original work. As for crudely produced film and television dramas, they will definitely not invest in them, because they are meaningless.

At that time, in order to maintain a relatively large number of employees, the salaries of stars will be greatly reduced, and more benefits will need to be distributed to other links, and the Matthew effect may gradually disappear.

Because they have a common Wuzhishan, which is the Phoenix Special Effects Company. In the face of artificial intelligence, the star effect will be infinitely weakened, and it will not be much different from ordinary film and television practitioners. At most, they can earn some extra money.

Wang Changtian was surprised when he heard Ye Zishu say this. This is the rhythm of acquiring a global film and television company. No wonder the boss didn't take any profits from Shengshi Cultural Group.

The profit margin of the cultural industry is not low, especially Shengshi Cultural Group, the profit margin is higher, so they have enough funds to carry out this plan.

However, Ye Zishu believes that Shengshi Film and Television Company and Phoenix Special Effects Company established a joint venture company to specialize in this work. The purpose of doing so is to allow Phoenix Special Effects Company to transfuse blood.

In the future, Phoenix Special Effects Company is destined to make a lot of money, and the live-action film and television industry may gradually shrink. If it does not continue to invest, it will be unsustainable. Even Shengshi Culture Group does not have the ability.

With the establishment of a joint venture company, Phoenix Special Effects can invest in a legitimate way. Otherwise, it will be very detrimental to Shengshi Cultural Group.

It is one aspect that he wants to make money from the cultural industry, and more importantly, he must maintain the healthy development of the entire cultural industry, and it cannot just be wiped out, otherwise there is no need to acquire these film and television companies that are about to fail.