........Lan

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 external film projects for 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 only behind 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 goes back today, he also has 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 had 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 bossy attitude.

If Fang Ziheng went to the press conference, it would show his attitude and he did 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 Figures Award Ceremony that just concluded, Hangcheng Ma won again and was elected as one of the annual economic figures 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 Hangzhou horse's high spirits, and it can still be awesome for several years.

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

.......

March 20, 3 pm.

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 take the stage to deliver a speech.

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

Fang Ziheng, Wang Zhongjun, Wang Changtian, Yu Dong, Song Ge, iQiyi Gong Yu, Tengxun Pictures Chen Wu, and Tudou 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 targeted 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 Shang's chicken soup speech received countless applause.

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

Not to mention how shocked the others were, even Fang Ziheng had read the reports on the Internet in his previous life, and he listened with 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 Elements Director Company, Tudou Video, Hengyu Cinema, and Tiangong Yicai each hold 4%.

Star Cinema, Enlight, and Baoli Cinema also each account for 4%, while Wanda Film and Television exclusively holds 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 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 Pony 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." Lan.

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

On the other hand, Wang Zhongjun rolled his eyes and secretly scolded him for being a dwarf who couldn't speak.

What happened to the old paper Huayi? Is 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 company in Chinese-language film and television.

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, none of us have a net worth of billions or tens of billions. Those people from Alibaba Entertainment in the audience

Executives, we don’t have money yet!”

"Haha, yes, yes, what Director Wang said is true!"

"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 better than Hengyu. Their executives are arrogant, but they can't be as arrogant as Director Fang." Lan

"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 double when it goes public. By then, Director Fang's net worth will soar again!"
To be continued...