Chapter 723 Influence
This is something that has a huge impact on the entertainment industry.
Relations between China and South Korea have dropped to freezing point.
Cultural exchanges between the two countries were temporarily interrupted.
The industry recognizes that Long-distance is the best in the Korean market.
"Now, let's see how he ends up." Many people were waiting to watch the excitement.
Industry experts even said: "This is the biggest crisis that Yuanxuan has encountered in the 14 years since its establishment. South Korea, as Yuanxuan's most important overseas market, is related to Yuanxuan's layout in the entire Southeast Asia. If this matter is not handled well, Yuanxuan's channels in Southeast Asia will suffer.
A serious blow."
This sentence has been recognized by securities analysts in the industry and even the film and television industry.
On the second day after the news broke, the stock price of Yuan Yuan Film and Television fell sharply. By the close of trading at noon, the market value of Yuan Yuan Film and Television had evaporated by more than 7 billion. By the time the market closed in the afternoon, the value of Yuan Yuan Film and Television's A-share market had dropped by nearly 20 billion, falling to the level of hundreds of billions.
Although it is still the film and television company with the highest market capitalization in the country, "but if we do not come up with countermeasures in time, I am afraid that it will trigger a wave of selling by investors later."
It was also because of this incident that Cheng Yuan ended his life as a nanny and returned to the company to take charge of the overall situation.
Within the company, including the shareholders on the board of directors, everything is relatively stable.
Because Cheng Yuan had vaccinated them two years ago, saying that remote work would not last long in Korea.
At that time, it was slowly shrinking its business. At first, major shareholders were very opposed to Cheng Yu'an's move, thinking that YC Studio was almost the fifth largest film company in South Korea, with an annual net profit of more than 10 million US dollars, so why should it shrink.
She is even more dissatisfied with Cheng Yuan’s desire to transfer YC Studio’s business and personnel to Tudou (South Korea).
Looking at the situation now, all major shareholders have nothing to say.
How did he know that something would happen in South Korea!
"I didn't know that such a thing would happen in South Korea." Cheng Yu'an said bluntly at the meeting, "But if the United States wants to 'return to the Asia-Pacific and rebalance,' South Korea will definitely follow, so I have reduced my business in South Korea."
"Does this have something to do with our entertainment industry?"
"Does culture and entertainment serve politics? It's always right to read more news." Cheng Yuan said with a smile, "Why else would I make so many films with the main theme? In the future, commercial blockbusters with the main theme will account for a large share of the film market."
Cheng Yu'an either buys or organizes screenwriters to write, and has already produced more than a dozen commercial blockbusters with main themes.
"Don't be too nervous in Korea. The studio has not started work this year and is finishing up previous projects. You can leave at any time."
"The Korean boss will let us leave with the money?" someone questioned.
YC Studio has made a lot of money in South Korea. Now if you want to take the money and leave, it's not that easy.
"Then let's break up, am I afraid of him?" Cheng Yu'an said, "Last year, my family occupied 3 places in the box office rankings of Korean local movies. Last year, CJ played "International Market" and "Veteran", and I was full of food.
Damn it, the financial report is so good, it all depends on us. If you don’t let me go now, at worst, no one will eat it. I will give all the projects of the studio to Tudou to make a web drama, and see who can outspend whom."
Potato (South Korea) has not been affected for the time being.
"Okay, let's leave it like this for now. Tiedong from South Korea will handle it."
"But what about the stock price?" Who cares about your business? Shareholders care about the stock price.
"What are you afraid of after falling in the past two days?" Cheng Yu'an actually doesn't care much about the temporary rise and fall. "Sooner or later, it will rise back up. I have a market value of hundreds of billions. Can he do this for me?"
But you can't do nothing.
Cheng Yu'an thought for a while and said: "Isn't the semi-annual report about to be released? In the semi-annual report, explain the fact that Korean business revenue does not account for a high proportion of the company's overall revenue. The Korean market cannot have a substantial impact on the company's business. Then
Post the news about "Painted Skin 4" and "Thieves 3". These two blockbusters should be enough to boost market confidence."
The news now only says that South Korea is going to do this, but it has not yet come up with a plan on how to do it specifically.
All parties are also waiting for the follow-up of the development of the matter.
But Cheng Yu'an acted like a normal person for the next few days, eating and drinking when he should.
The company's stock price has stabilized after experiencing shocks in the first two days. It seems that everyone has chosen to calm down and wait for the subsequent development of the incident after the initial impulse.
…………
"Big Fish and Begonia" cannot be compared with "The Return of the Great Sage" in terms of popularity, but as a literary cartoon, it has been blessed by 12 years of sentiment.
It also aroused enthusiastic responses from the audience.
At the same time, the movie has already achieved a good result of 400 million at the box office within 7 days of its release, and I believe it will exceed 500 million this week.
At the same time, Wen Zhang's directorial debut "Lu Yao Zhi Ma Li" was released.
This movie is terrible.
Wen Zhang was almost in a state of semi-retirement, and even choked up at the premiere: "No one believed me in a love scene."
Bao Beier was suspended from activities for half a year because of the bridesmaid incident.
Of course, it won’t be closed for half a year, but the event after the premiere is still extremely low-key.
The director and the leading actor were not on good terms, and the atmosphere at the press conference was very strange.
This is not even the worst premiere, the worst is "Roadside Picnic".
At the premiere, there were only two celebrities who came to the stage to support the show, Zu Feng and Song Yang.
This movie, in Cheng Yu'an's words, is "a disaster for ordinary audiences and a surprise carnival for senior fans and professional filmmakers."
There are many different dimensions to watching movies. I won’t talk about this movie here, as it would be too pretentious to talk about it.
Cheng Yu'an is very busy these days. There are a lot of things in Korea. "The Wandering Earth" is about to start the post-production period, and he has to keep an eye on it.
There are other miscellaneous things.
For example, right now, he is listening to a script posted on Tudou Image Newspaper.
Potato images trigger Internet genes and often make "strange" movies.
For example, the movies "One Hundred Thousand Jokes" and "Unexpectedly" have achieved pretty good results.
What I picked up today is also a "strange" book.
From Wanhe Tianyi, they call this a "script-killing" movie, and Cheng Yu'an calls it "the Blizzard Villa model has changed."
"This script is interesting. Have you chosen a director and actors?"
"They want to direct it themselves. Liu Xunzimo wants to try directing himself."
"Well..." Cheng Yu'an pondered for a while, "Yes, yes, but provide him with a mature producer and supervisor."
"They want to ask you to be a producer, so it's easier to recruit actors. Hehehehe."
"You have my idea." Cheng Yu'an thought for a while, "I don't have time. You can ask Ning Hao or Xu Shan to fight. If it doesn't work, Han Yan can do it. Their names are good."
"Su Mengdie asked Song Tie to try it on. Her cheongsam outfit looks very good." Song Tie is a favorite of the company.
After the meeting, Cheng Yuan was about to leave, but was stopped by Jiang Xuerou:
"Tomorrow's premiere of "Go See You Now", will you go?"
Chapter completed!