Chapter 307 Restoring the Wudang Palace Group
Although Du Caige doesn't care about the "strongest team", if he can win, of course it's better than losing.
So he planned to go to Baijing City in advance to see the training situation of the trainees and cheer them on.
I heard that several other tutors have been there several times to give advice to the students in their group, provide customized one-on-one professional counseling, and help them as much as they can.
Of course, Du Caige couldn't completely stock up his team.
However, a tip? help? Professional counseling?
That is of course impossible.
Because he has no recruits and does not know the profession.
So Du Caige is going to pour them some chicken soup, and then... let's see.
Maybe after drinking chicken soup, they will be able to explode.
It's just that Du Caige can't leave for the time being, at least after Shu Yihuan's press conference to announce the new film.
To this end, Du Caige has cut out a 20-second trailer of "Those Years" during this period, and is ready to take advantage of the opportunity to make a wave of publicity for "Those Years".
Several high-level executives of Dream Chasing Entertainment, including Du Caige, have already met with Shu Yihuan and had a great conversation.
The press conference is scheduled for the day after tomorrow, and preparations are now in full swing.
However—after sleeping and waking up, Du Caige thought that he hadn't woken up yet.
"Isn't that true? When did it happen? Why am I not getting any news?"
After confirming it several times, Du Caige accepted this beautiful fact:
Dreaming and Interactive Entertainment spent 350 million yuan to purchase 17% of the shares of the "Knife, Light, Sword and Shadow" company!
Sword Light Sword Shadow, the full name of Sword Light Sword Shadow Digital Interactive Entertainment Co., Ltd., is the top 3 in Dahuaguo and the top 10 special effects company in the world.
This company has participated in the special effects production of many famous sci-fi blockbusters in Dahuaguo and Hollywood, and has won several Oscars and Dahuaguo Awards for visual effects.
Its market value is 1.8 billion yuan, Du Caige converted it in his heart, which is roughly equivalent to the purchasing power of 730 million US dollars in 2020.
350 million to buy 17% of 1.8 billion is undoubtedly a premium.
But the problem is that Daoguangjianying's operation is quite good and has been profitable.
Although many big film and television companies, even Hollywood big film and television companies want to buy their shares, they don't plan to sell it!
So Du Caige was very surprised.
He has been at Azure Star for several months, and he has seen many films that Daoguangjingying participated in post-production, and he is very confident in the special effects of this company.
Intuitively, this company is currently able to perfectly do the special effects required by the "Iron Man" series.
350 million to buy 17% of the company's shares, of course, it is too cost-effective!
The future market value of this company is aimed at 5 billion or 10 billion.
And the most crucial question is not whether the investment will make money.
But after becoming a shareholder of Sword, Light, Sword and Shadow, the special effects of the films to be produced by Dream Dream Interactive Entertainment will be guaranteed.
Sword, Light, Sword and Shadow is equivalent to the brothers of Dream Chasing Entertainment.
Even sometimes, in order to be released on a certain schedule, if you have to work overtime, you only need to say hello to your brother.
"I'm in a hurry for this movie, bro, push the other things aside and arrange for me first!"
"okay!"
When Du Caige heard the news early in the morning, he was overjoyed like a 140-pound child.
But...but...why would Daoguangjianying agree to sell the shares to Dream Dream Entertainment? Why didn't I get any news? With such a large amount of acquisition, as a major shareholder and executive director of Dream Dream Entertainment, why did he not know anything about it?
"Because you were dozing off during the meeting and discussion before!" Duan Xiaochen said angrily.
Du Caige scratched his head, his eyes stayed on the collar of Duan Xiaochen's pajamas for a moment and then retracted.
"Why, look boldly if you want to see it, it's not that I won't show you." Duan Xiaochen smiled, but pulled down the collar a little bit, the shadowy shadow and the beautiful scenery.
Du Caige tilted his head.
I always feel that Duan Xiaochen today is abnormal.
If it were normal, Duan Xiaochen wouldn't speak to himself in such a bad mood.
Could it be that Yan Yingzhen intervened in this merger case?
After Duan Xiaochen explained, Du Caige said, "Sure enough."
Founded in 1996, Sword and Light was established as a small workshop-style special effects company. It was not until 1999 that it was invested by Mu He and became their major shareholder.
In 2005, Muhe Investment and Rouzhi Investment launched a series of cooperation and cross-shared some of their respective investments.
Rouzhi Investment has obtained a 15% stake in Daoguang Jianying, and can buy 20% of Daoguang Jianying from Muhe Investment at a premium of no more than 10% in the next 5 years.
This time, Rouzhi Investment exercised this right and sold 17% of the purchased 20% shares to Dream Dream Entertainment.
In this way, Dream Dream and Rouzhi Investment jointly hold a 35% stake in Sword and Light Sword.
However, Muhe Investment currently only owns 31% of the shares of Sword and Light, and the remaining 34% of the shares of Sword and Light are scattered among the founding team and other investors.
That is to say, if Rouzhi Investment and Zhumeng Mutual Entertainment are united, they can control the sword, light and sword shadow to a certain extent, and affect the decision-making and future direction of sword and light sword and shadow!
This is really the best news Du Caige has received in recent days.
However, Duan Xiaochen was still unhappy.
"She has done too much for you." Duan Xiaochen said when Du Caige asked.
She was sitting on the sofa in the Du family's house, without makeup and without makeup, her pajamas were loose, and her sitting posture was also loose and slouchy.
Although she is still beautiful and sexy, she doesn't have the aura of a big star or her sharp temperament.
Just like an ordinary little woman, although she is beautiful, she is content with her husband and children.
"She did too much for me?" Du Caige chewed on these words and grasped Duan Xiaochen's mentality.
She felt that Yan Yingzhen had done too much for herself and paid too much, worried that her efforts would be compared, and worried that she would lose value in Du Caige's eyes.
He walked over and rubbed her head and ruffled her hair: "Do you think you're stupid or not? What's there to compare? Are you doing less for me? Although it's not so generous, It’s worth hundreds of millions. But it’s your hard work, isn’t it? You took out your life savings and started a company with me. Wouldn’t I be blind and unable to see this kind of effort?”
Duan Xiaochen grinned, and the dimples were filled with happiness. "I'm just a little fool. Without you, I would have no taste in anything."
What can Du Caige say? Just give her a lingering kiss.
"How much liquidity does the company have?" Du Caige asked after talking about business again.
When the company was established, it had a registered capital of 1 billion yuan.
Just relying on these registered funds, the size of Dreams Entertainment can be ranked in the top 15 in the entertainment industry.
You know, Leping Entertainment is also a well-known entertainment company, but Rouzhi invested less than 300 million to acquire them.
However, the current dream-chasing entertainment can only be said to have a relatively healthy cash flow.
Its influence, the funds that can be leveraged, etc., are vastly different from those of the Seventh Congress.
The seven majors are at least tens of billions in size.
If you want to rank among the top eight, it takes many years of hard work to achieve dream-chasing mutual entertainment.
The acquisition of 17% of Daoguangjianying's shares is an important step taken by Dreams.
Du Caige believes that everyone will be able to realize this in the future.
And Yan Yingzhen, who decisively helped Zhumeng Huyu complete the acquisition, is indeed the richest woman in Dahua, with excellent vision.
"It took some money to rent office space, buy equipment, office supplies, and salary expenses. Now the company's book is less than 600 million." Duan Xiaochen said.
"There are still several projects to be carried out in the future. I want to enter the Sakurajima market, some new directors want to start filming, and several singers want to make albums. But these do not need to spend too much money," Duan Xiaochen said with a frown, " The real big head is Shu Yihuan's place."
Du Caige nodded.
He also attended the meeting with Shu Yihuan. The 150 million investment movie that Shu Yihuan asked for, in practice, it is very likely that the 350 million will not be able to be received.
Because the big director is ambitious, he wants to build a palace group between the mountains and mountains to restore the historical Wudang palace group.
In the history of the blue star, the Wudang faction was far more brilliant than the earth.
Judging from the descriptions of historical records, the Wudang style palace complex is very grand and magnificent, with gorgeous shapes, and it is a rare treasure of architectural art.
It is a pity that those magnificent palaces have been destroyed in the war, and now only the ruins are left, just like the Yuanmingyuan on earth.
Gong Liuru, CFO of Dreams Entertainment, made a rough estimate that to build a palace group that meets Shu Yihuan's shooting requirements, at least 400-500 million must be invested.
To build a palace in the mountains, although it is cheap to acquire land, the cost is quite high due to the inconvenience of transportation.
Of course, the top executives of Dream Chasing Entertainment are all visionaries.
They knew that if the Wudang-style palace complex was really restored, it could also be used as a film and television base to collect funds back and forth.
If you continue to invest more, expand the scale of the film and television base, and build more complete supporting facilities (such as hotels, shopping, entertainment facilities, etc.), it is estimated that a total of about 2.5 billion to 3 billion will be spent to build a tourist destination.
Such a tourist destination, if managed properly, can generate profits of more than 150 million yuan per year.
It is estimated that after ten to twenty years, the capital will be repaid, and it will definitely continue to be profitable in the future.
Of course, Dream Chasing Mutual Entertainment will definitely not be able to get 2.5 billion in one breath.
With the company's current reputation, size, and influence, it is impossible to borrow such a large sum of money.
So this way is different.
There was a compromise, discussed at the meeting at the top.
If you really want to invest, squeeze here, squeeze there, reluctantly, first take out 100-200 million in cash, and then loan 200-300 million.
A total of 400-500 million will be used for the initial investment, and the palace complex will be built first.
When the movie is released, the reputation of this place spreads to the whole country and the world with the movie, and then continue to invest more.
Slowly build ancillary facilities and other man-made features.
This is actually doable.
It is only feasible and feasible, but not the optimal solution.
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