After Chen Qing finished speaking, everyone in the conference room had different expressions for a moment.
I was very happy at first.
However, there were all smart people on the scene. After thinking about it for a while, they quickly realized that something was wrong.
Even if Wu Shanlin and others don't know that Hollywood has a rule of "never use your own money to invest in movies," if you think about it in depth, this plan is more serious than using your own money to invest in movies.
First of all, these senior executives were promised some shares after joining Jinshu. As long as everything goes well, they can basically cash in and become Jinshu shareholders after the contract period is completed.
Even if you promise no more than 10% of the shares, you will eventually become the boss.
Then, let’s talk about this plan.
Taking Zhang Guoshi's "Hero" as an example, the investment equivalent to 250 million yuan is definitely an astronomical amount of money in mainland China at this stage. After all, at a public level, none of the mainland's richest people currently have personal assets exceeding RMB 250 million.
If Jinshu borrows a huge sum of 250 million to invest in a film, everyone will be happy if it succeeds. Once it fails, even if it is actually the money of the big boss, it will not be subject to debt collection. In theory, the company will also fall into a negative equity situation. A saying that has arisen recently due to the Giant Group incident is that bankruptcy is not far away.
At that time, no matter how many shares they hold in Jinshu, what use will they have
You may even have to take on huge debts.
The atmosphere in the conference room was silent for a moment, and Wu Shanlin finally took the lead and asked: "Mr. Chen, are these funds borrowed in the name of Jinshu Media or in the name of the subsidiary Jinshu Pictures?"
After everyone heard this, they immediately cheered up and looked at Chen Qing.
This question is very technical.
The key to why the Jin Shu Series can be called the Jin Shu Series after it was established more than a year ago lies in the intricate nature of this system.
Jinshu Media Group is just one branch of the Jinshu family. There are also Jinshu Cinema Group, which is responsible for the theater business, and Jinshu Film and Television Tourism Development Group in Jiangsu with Jinshu Film and Television City as its core.
Let’s talk about Jinshu Media. The registered business scope of the company includes film and television production, artist management, advertising planning, etc. It includes a large number of subsidiaries such as Jinshu Film Company, Jinshu TV Production Company, Jinshu Agency Company, Jinshu Advertising Company, etc. , and most of them are open for business.
On the other hand, whether it is the parent company Jinshu Media Group or its subsidiary Jinshu Pictures, etc., another major feature is the intricate ownership structure. This is mainly limited by the current domestic laws and regulations in China, and some foreign investments are prohibited. Some shareholdings cannot exceed 50%, and some can be fully owned. Therefore, both the parent company and its many subsidiaries have completely different equity structures. As for whether some superficial shareholders hold shares on behalf of others, that is another time. thing.
However, there is no doubt that the entire Jinshu Series is firmly controlled by a certain tycoon standing behind the scenes.
Besides, at this time, the equity reward clauses in the contracts signed by the executives sitting here also involve different company entities. Several front-line executives such as Wu Shanlin and Guan Yinan basically have five-year contracts, and the equity reward entities are They are all owned by Jinshu Media Group. After 5 years, you can get 5% to 10% of the shares based on performance.
The second-tier executives of other subsidiaries basically signed equity awards from subsidiaries such as Jinshu Pictures and Jinshu TV.
Therefore, Wu Shanlin’s question is very telling.
If the funds for the production of "Hero" are borrowed in the name of Jinshu Media, the debt liability may fall on everyone. If the funds are borrowed in the name of the subsidiary Jinshu Pictures, even if the funds are borrowed in the name of Jinshu Pictures, there will still be no way to escape the involvement in the future, at least. The parent company Jinshu Media has much fewer responsibilities, and the second-line managers of other subsidiaries will not be affected by these debts.
When Chen Qing heard Wu Shanlin's question and saw everyone else looking over, she just paused for a moment and said, "The boss said it in the name of Jinshu Pictures."
Everyone immediately breathed a sigh of relief.
When Chen Qing saw the appearance of the executives present, she wanted to twitch her lips, but she held it back.
In fact, on the way back in the car, Chen Qing also thought about this issue and mentioned it to her boss. Of course her first thought was to take out a loan in the name of Jinshu Media. Unfortunately, her boss was kind enough and did not do so.
After all, the boss wanted to do something, and didn't want to dampen the enthusiasm of a group of senior executives at Jinshu.
Otherwise, with Chen Qing's temperament, Jinshu must be turned into an empty shell, instead of just involving Jinshu Pictures this time.
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After all, I was really a bit angry this time.
Chen Qing also made up her mind to find out who was behind the scenes, so that there would be no shortage of information from the other party in the future, so as to avoid all kinds of bullshit.
However, Chen Qing also understood that her boss was just a little kinder, but since he used this trick, it was obvious that he was not without any disturbance in his heart. Due to domestic legal restrictions, the Westeros system cannot take absolute control of some businesses, but, to a certain extent, the control of creditor's rights is actually the same.
Chen Qing had been worried that once Jinshu developed, it would be coveted by some people.
Let's put it this way, first of all, the Jinshu Series, which is burdened with a large amount of debt, is like a 'mess' in the eyes of some people. No one will want to take a large amount of debt into their arms, and there will be much less covetousness.
Secondly, just by setting a higher debt interest rate, the Westeros system can directly take away most of the profits of the Jinshu Department, making the company unprofitable, and even directly destroy the company in extreme cases. The company as a whole has become an empty shell, which will also block the covetousness of all parties to a greater extent.
The final result is that even if the Westeros system does not have absolute control over Jinshu's shareholding on the surface, its control over this company will only become stronger and stronger.
Probably because the answer given by Chen Qing calmed everyone's emotions a little, and because it seemed that this was almost the only way to advance the "Heroes" project, everyone did not raise any objections, but started discussing more practical matters. The problem.
Luo Yan, president of Jinshu Cinema Line, asked again: "Mr. Chen, in this case, what should we do next with China Film Group?"
In the originally discussed plan, Daenerys Entertainment invested 80%, while China Film and Jinshu each contributed 10% of the budget. Now that Daenerys Entertainment has withdrawn, Jinshu is promoting the project through loans, and the investment ratio has been increased to 90%. In this case, Luo Qian's subtext is actually, is it necessary to bring China Film to play with it
Chen Qing was not motivated this time. She nodded and said to Wu Shanlin: "You can talk to China Film Group this afternoon. Unless they withdraw voluntarily, the cooperation will continue. However, since we will bear 90% of the funds, in terms of production, Jinshu must fully take the initiative, and we should work with China Film for future distribution."
In fact, to put it bluntly, it’s just money to buy the road.
Mainly related to distribution.
At this stage, China's domestic private film and television companies are not allowed to get involved in the distribution business, and foreign investment is even more unthinkable. Historically, the first private film distribution license was obtained by Bona in 1999. Therefore, the Chinese New Year release of " If you have something to say, please tell me." Although most of the marketing and distribution work was completed by Jinshu, it still carried the China Film brand.
It's certainly not free.
The next "Hero" will probably be the same, so there is no need to kick China Film out of the game for 10% of the investment. The gain outweighs the loss.
When Chen Qing said this, no one had objections. Wu Shanlin asked again: "Mr. Chen, what are the regulations for Daenerys Entertainment to buy out the overseas copyright of "Heroes" in the future?"
"One-time buyout, as for the price..." Chen Qing took a look around and said, "To see the final effect of the movie, you need to work hard."
Wu Shanlin hesitated for a moment, then said: "Mr. Chen, I'm wondering, can I sign a flexible agreement? The price will fluctuate according to the overseas box office?"
Chen Qing smiled: "Are you very confident?"
Wu Shanlin also laughed: "This is not a project that I have confidence in. Mr. Westeros personally finalized the project, and Mr. Zhang directed it, so it will definitely be good."
Chen Qing had no worries and nodded directly: "The boss must like this attitude. Since you proposed it, I can agree now."
Afterwards, some details were discussed. Chen Qing did not forget Zhang Guoshi who was present and asked if there were any difficulties in the recent preparations.
As long as the funds continue, there will certainly be no problem for Zhang Guoshi.
In fact, speaking of it, Guoshi was very motivated for this project, because Jinshu paid the director a generous salary, a full US$300,000.
300,000 US dollars, equivalent to more than 2 million yuan, is the largest amount of money Zhang Guoshi has received since his debut. Moreover, Jinshu also added an additional 1 million yuan as a reward for the hit "Speak Well" of "If You Have Something to Say" some time ago. There was nothing in the contract, so Zhang Guoshi knew that he was with the right employer. In addition, knowing that there was someone behind this company, he was absolutely determined.
These are actually the results of Simon's personal intervention.
Whether it is for Jinshu's executives or its film and television talents, Simon will never be stingy in giving what is due.
Just like Zhang Guoshi, there was a big uproar in the circle when the two Zhang Guoshi turned against each other. After all, it was still about interests. It was a typical example of me treating you as a brother but you actually talked about money with me!
Tsk!
For the first collaboration, "Speak Well", the national teacher's salary was 300,000 yuan, which was the market price, and Simon would not pay more on purpose.
With "Speak Well" selling well and "Hero" being such a big project, it would definitely not be kind to give Zhang Guoshi another RMB, so it was directly raised to 300,000 US dollars. Of course, this is incomparable with Jet Lee, but it is also It was already the first job for a mainland director, and it also included a dividend clause. Although Zhang Guoshi himself felt that it was unrealistic to make a profit and receive dividends from a large investment of 250 million yuan, he felt comfortable inside.
clear and direct.
Therefore, even if Jinshu has strict control over all aspects of the project and can no longer exert its best efforts as before, the national teacher takes it for granted.
The meeting ended and it was noon.
There was no fanfare for lunch, but a working meal directly at the company. At the dinner table, Chen Qing asked about Jinshu's two upcoming TV projects, "Super Girl" and "Kangxi Private Interview".
It's all finalized.
Among them, "Super Girl" has had a rough past six months.
The main reason is that the past two years have coincided with the juncture when major local TV stations have signed up for satellites. Once they become a 'satellite TV' and are upgraded from a local TV station to a national TV station that can cater to a larger audience, provincial satellite TV stations will inevitably no longer want to share programs with other TV stations.
Coupled with the format of "Super Girl", a rare singing talent show in China, as well as copyright issues, "Super Girl" finally settled on Jiangsu Satellite TV after several changes, thanks to Chen Qing's personal lobbying.
"Super Girl" is currently in the final stage of promotion and warm-up on Jiangsu Satellite TV. It is expected to be broadcast on June 7. The first season will last for three months from June to August. Compared with the once half-year season, it is almost compressed. Halfway through, mainly because no one is too confident.
In addition, the first season will be held only in Jiangsu, instead of being divided into various competition areas across the country.
As for the specific production, after negotiation, it is completely controlled by Jinshu Media. Jiangsu Satellite TV is only responsible for content review. The copyright of the program and the signing rights of future singers are all with Jinshu.
In terms of profit distribution, the embedded advertisements in the program are completely owned by Jinshu. At the same time, Jiangsu Satellite TV does not pay for the program purchase. Instead, in accordance with the common practice of this era, Jinshu is given a certain amount of advertising time. How much can Jinshu sell? , all based on ability.
This is also considered a risk.
Obviously, the higher the ratings of the program, the higher the income will be for Jinshu. Once it fails, there will be no one to blame.
In the other "Kangxi Private Interviews in Private Service", the situation is much better.
From production to distribution, everything went smoothly. Currently, the first round of premiere rights has been obtained by the four satellite TV stations of Beijing, Shandong, Jiangsu and Guangdong. The transaction model is also advertising time, not cash purchase. It is planned to be unified on the four channels on July 1 hookup.
After lunch, Chen Qing was about to leave when Guan Yinan caught up with him again.
After taking a look at the other party's expression, Chen Qing took her into the car, sent the driver and assistant out first, closed the door and asked, "What's going on?"
"Um, the three heroines of "Huan Zhuge Ge"," Guan Yinan hesitated, but finally said: "It's Xiao Zhao and the others. They probably saw the treatment of Jing Xi and An Qi and asked me to help ask, Chen Anyway, I also want to know the attitude of Mr. Westeros?"
Chen Qing understood it as soon as she heard it.
Guan Yinan is more concerned about the second half. The matter is very simple. If the female stars and even the female producers at Jinshu Agency are all women of her own boss, it will inevitably be difficult for her as the person in charge to face a group of aunts. .
As for the three heroines of "Huan Zhu Ge Ge", they obviously just mentioned it casually.
The last time my boss came to China, the three girls were also asked to wait on the cruise ship in Taihu Lake. They probably immediately became interested.
Chen Qing is a very attentive person, especially when it comes to her boss. She had specifically mentioned whether to arrange for a yard to be closed, but it was just a matter of convenience. Her boss obviously had no such interest and just casually said no.
Obviously just for fun.
Thinking about this, Chen Qing said directly: "Don't let them think about it. In addition, Sister Guan, public is public, private is private, you don't have to care about what happens in private, but when it comes to work, if someone takes advantage of their status, Qiao, just follow the company's regulations, or tell me directly and I will handle it for you."
These words were quite clear, and Guan Yinan suddenly felt confident.
If you think about it carefully, the women belonging to a certain boss in Jinshu Agency are actually quite good, and they are really not arrogant. There is also Chen Qing in front of him, who is also his woman, making people look up to her.
This may also be someone's natural way of looking at people.
In this case, Guan Yinan can feel relieved. Otherwise, if Jinshu Agency becomes a pool for big bosses to raise Xiaomi, Guan Yinan, who really wants to do something, feels that it is better to resign as soon as possible.