Chapter 747 Daily Life (35)

Wanda's acquisition of Paramount failed...

Legendary Pictures produces at most three to five films a year, and they need new content providers.

Besides the five major Hollywood studios, they have also set their sights on the currently popular A24!

Shen Yan asked in confusion, "A24 usually only makes auteur films, and even those with very explicit content. This is the opposite of Wanda's approach..."

Wanda's goal is blockbuster movies, international blockbusters!
International blockbusters capable of global distribution and screening...

While A24 does produce films like *La La Land* and *A Man Called Ove*, they primarily focus on R-rated productions…

Many countries and regions, including China, do not allow R-rated movies to be shown!

Violence and gore are fine, but the key issue is that many of A24's movies lean towards pornography, the bizarre, and even religion!
This will likely only be released in Europe and America at most...

So, in essence, A24 and Wanda are not on the same page!
Zeng Maojun said, "It's alright, we can transform our business..."

"Transformation? How do we transform?"

"You should make a few more movies that aren't so explicit..."

"That's impossible!" Shen Yan shook his head: "If you wanted us to transform, why did you acquire us in the first place? Besides, A24's estimated market value is not low!"

US stocks have given A24 a market capitalization target of $15 billion!
This is normal data, net profit x 5...

This is already a very low estimate!

Generally speaking, market capitalization = price-to-earnings ratio × net profit...

On NASDAQ, the price-to-earnings ratio for most film and media companies is around 15.

A24 is in an awkward position because it's a pure film and television company; it doesn't own any television stations, cinemas, or streaming platforms.

They don't even have the capability to develop the surrounding area!
Therefore, the estimated market capitalization is definitely lower than that of a normal film and television company!
Zeng Maojun said, "Wanda acquired Legendary Pictures... but Legendary Pictures' output is too low!"

After thinking for a moment, Shen Yan suggested, "You can continue acquiring Lionsgate... Lionsgate produces more than twenty films every year!"

Lionsgate... primarily makes horror films, and their movies aren't distributed globally...

"What about DreamWorks Animation? I heard Jeffrey Katzenberg has been trying to sell DreamWorks... Haven't you been in contact with them?"

"His asking price is too high..."

"Can it be as high as Legendary? Legendary... a shell company, and you're offering $25 billion for it!"

"35 billion..."

“Oh, $35 billion!” Shen Yan exclaimed in surprise. “$35 billion? You guys… no, participating in production and owning the copyright are two different things. If I’m not mistaken, the copyrights for Batman and Inception are held by Warner Bros., and Jurassic Park is held by Universal. In fact, Legendary doesn’t have any valuable film resources… why are you spending so much money?”

"We definitely have our reasons... Warcraft will be released in a couple of days..."

"Oh!"

It turns out it's Warcraft...

万达影视曾公开承诺2016年度、2017年度、2018年度的净利润数累计将不低于50.98亿元,这其中《魔兽》需要承担10亿美元左右的全球票房体量!

So say it!

I remember back in 16, many Chinese and American entertainment bloggers considered Warcraft to be the last movie of their careers…

Box office figures are all starting at $20 billion worldwide!
That's understandable, given how many fans Warcraft has.

Even now, on online forums, a bunch of people are clamoring for a starting price of $20 billion – after Warcraft, there will definitely be a new Blizzard Entertainment film company, and the Blizzard Universe will challenge the Marvel Universe!
A bunch of people have even predicted the box office figures for each region: $8 million in the US domestic market, $6 million from Europe, South Korea and Japan combined, $30 million from South America and Southeast Asia, and 3 billion RMB from mainland China, bringing the global total to over $20 billion!
Well, Warcraft really broke records—it opened on Wednesday, grossed 10.26 billion yuan in its first five days, and ultimately grossed 14.68 billion yuan…

This sets a new record for the percentage drop in the first and second weeks!

However, it was later surpassed by films such as *Europe Raiders*, *Shanghai Fortress*, and even the *iPartment* movie…

……

After inspecting the hotel, including the sofa, sheets, balcony, and bathroom, Shen Yan felt a little tired…

Yang Mi, however, was full of energy!
Of course, I wouldn't do it again; I just wanted to chat with him!
"I ran into Liu Yifei today!" "So?"

"She co-starred with Wu Fan in 'So Young 2'..."

"and then?"

"It's so pitiful. She used to work with big names like Chow Yun-fat, Jackie Chan, and Li Lianjie..."

"Wu Fan is very popular!"

Yang Mi shook her head: "Popularity doesn't equate to star power..."

Shen Yan really wanted to ask, 'What are you trying to say?', but instead praised, '...You're amazing!'

"She's been getting quite close to Alibaba lately..."

"…Then what?"

"I recently reached a cooperation agreement with Tencent Pictures..."

"Tencent Pictures..." Shen Yan asked suspiciously, "They don't seem to have any good works, do they?"

"The Peerless Master also includes The Rise of the Alien Race: The 20,000-Mile Plan!"

Shen Yan became even more curious: "I know about 'Peerless Master,' but what is this 'Rise of the Alien Race'?"

Yang Mi shook her head: "I don't know either, but they told me it's a big-budget sci-fi movie. I looked at the synopsis, and it tells the story of Ma Shan, an unemployed youth who joins a mysterious organization to fight against aliens and gradually uncovers the mystery of his own origins..."

"Wait a minute!" Shen Yan immediately got the point: "Unemployed youth Ma Shan?"

"Um...what's wrong?"

"Could Lu Chuan be the director of this project?"

“Impossible…” Yang Mi shook her head decisively: “Lu Chuan can’t make sci-fi films well, and Tencent isn’t stupid, why would they hire him?”

Uh, "The Rise of the Alien Races: The 20,000-Mile Plan"... it really was Lu Chuan's project, but Tencent followed it for three months and then gave up...

Lu Chuan is so slow!

Not only are there ink stains, but they also use 'art' as an excuse...

Later, Lu Chuan independently developed "Bureau 749" based on "Rise of the Alien Races"...

As for the originally planned "Chronicles of the Nine-Story Demon Tower" trilogy, it was directly sued by Tianxia Bachang—forbidding the use of the IP name of "Ghost Blows Out the Light"!

LeTV took a look and found out they wouldn't allow the use of "Ghost Blows Out the Light," so what was the point of making a film?
Oh, LeShi isn't like Lu Chuan. Lu Chuan is very confident; he thinks, "Chronicles of the Ghostly Tribe" grossed 4.6 million because Lu Chuan is the director." LeShi knows very well that "Chronicles of the Ghostly Tribe's huge success is purely due to riding on the coattails of the Ghost Blows Out the Light IP"...

Let's get back to the conversation.

Not only are there movies, but also two TV series, "Legend of Fuyao" and... "The Legend of Tang Dynasty"!
"The Legend of Tang Dynasty?"

"The original book is called 'The House Slave Mule,' and I've read half of it. It's quite interesting!"

"If you think it's interesting, then go ahead and film it!" Shen Yan replied casually.

It's better than filming a bunch of pointless dramas in the original timeline...

It can't get any worse!
Shen Yan bent down to grab his phone, but Yang Mi beat him to it…

She rummaged through his pockets and found his phone and a pack of Zhonghua cigarettes. She couldn't help but ask, "You smoke?"

"No..." Shen Yan shook his head decisively: "Sometimes I need to share cigarettes... so I just carry a pack!"

"It's best not to smoke..." she said, pulling out a cigarette and stuffing it into Shen Yan's mouth, then asking, "Where's the lighter?"

"I've already said I don't smoke, so where did this fire come from?"

"You don't even have a lighter, yet you brought cigarettes..." Yang Mi was furious and snatched the cigarettes back...

Shen Yan was completely dumbfounded...

What is this doing?
(End of this chapter)

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