Huayu: A Commercial Director

Chapter 196: The Plunge, Heading to the Golden Globe

Chapter 196: The Plunge, Heading to the Golden Globe
[The movie "The Mermaid" has been greenlit, but Enlight Media appears to have been removed from the partnership list.]

[A Hong Kong co-production, "The Mermaid," spearheaded by Shouzhe Pictures, with Emperor Motion Pictures, Wanda Pictures, and Star Overseas as co-producers. Directed by Stephen Chow, Wanda Pictures completely replaces Bona Film Group in the original "Kung Fu Hustle" film. Enlight Media, which was originally involved in distribution through Shouzhe Pictures, was not involved in the production, and Wanda Pictures and other companies will handle the mainland distribution.]

[It is suspected that Enlight Media, despite relying on Shouzhe Pictures for many years, failed to provide any assistance to Shouzhe Pictures, leading director Chen Shouzhe to terminate future cooperation with Enlight Media.]

[According to insiders, director Chen Shouzhe intended to acquire shares in Enlight Media, but this was rejected by Enlight Media's shareholders, thus terminating the cooperation.]

[Last year's financial report from Enlight Media revealed that about half of the more than 700 million yuan in profit came from Shouzhai Pictures' business. The film "Mojin: The Lost Legend," released this year, may be the last collaboration between the two companies.]

[An insider at Enlight Media stated that the board of directors did not want to be involved in the equity stake, therefore rejecting Chen Shouzhe's investment. Familiar partners such as Enlight Media and China Film Group were not involved in the Mermaid project.]

Dozens of media outlets reported that Enlight Media's stock price suddenly hit the daily limit down this afternoon, prompting onlookers to realize what was happening.

Since Chen Shouzhe debuted, not to mention all of them, almost 80% of his film distribution collaborations have been with Enlight Media. For example, Bona Film Group paid twice as much money for Kung Fu, so the distribution was handed over to Bona.

But Chen is sticking to his own films. Last year's most profitable animated film, WALL-E, was also one of Enlight Media's main distributions. In the financial report, WALL-E was a very important item.

Of the projects that relied solely on film studios for profit, only a few distribution companies, such as Enlight Media, actually reaped the benefits.

If Enlight Media doesn't want Chen Shouzhe to invest now, it means the two sides are very likely to break off relations in the future.

This is not good news for shareholders of Enlight Media; they are going to demand an explanation from the management.

For stock market investors, it would be fantastic news if Chen Shouzhe could join Enlight Media, creating a deeper connection. However, after being rejected, the news was leaked, and just a few days later, the stock price plummeted. Is this a pleasant surprise at the start of the year?

Without further ado, Guangming arrested the traitor and issued a public announcement.

[Enlight Media and Shouzhe Pictures remain partners; we are important collaborators. Some individuals are using fabricated news to discredit Enlight Media's stock price, aiming to profit from its price manipulation. Today's limit-down price saw significant trading activity in the secondary market. Enlight Media has submitted evidence to the China Securities Regulatory Commission (CSRC) and will investigate this malicious stock price manipulation. We will not tolerate those spreading rumors.]

The announcement from Enlight Media was effective; at least the stock price recovered somewhat the next day, and the China Securities Regulatory Commission (CSRC) also stated that it would investigate.

Manipulating the stock market using media information is illegal and could be an inside job by shareholders.

They ignored the film industry, thinking they could survive without Enlight Media, and Enlight Media could thrive without them. It's just that they've made too much money for them over the years and don't want to put in any effort. Dream on.

Zhong Lifan and other executives had complaints, feeling they had been taken advantage of all along, all because of that favor from back then. They had already repaid it long ago, when "Goodbye Mr. Loser" was released, and how much money they made back then.

It has been completely ineffective over the years, just another China Film Group.

Business is business. I've been giving you money all this time, and you haven't said a word about it, and you even think it's your due.

The half-cake I gave you back then has already been repaid with a villa. What more do you want?

This time, the decision to suspend cooperation was not only Chen Shouzhe's opinion, but also the opinion of the higher-ups. They were paid to work for Chen Shouzhe, so they were bound to think about his interests and not give him anything in return. They were dreaming.

Enlight Media is still having a headache. Mojin: The Lost Legend is definitely going to make money. Once the box office exceeds 2 billion, after deducting miscellaneous expenses, the money earned will be about the same as Kung Fu Hustle. Chen Shou can probably earn one-fifth of the total box office revenue.

Another few hundred million in revenue, making countless people drool.

The Golden Globe Awards ceremony is about to begin on January 8th. Chen Shou is going to the United States to attend the Golden Globe Awards ceremony, and Yang Mi is going with him.

It's already public knowledge within the industry.

Moreover, a fan base already knew about this, and many people initially thought it was fake.

It wasn't until the 6th that Chen Shouzhe and Yang Mi appeared at the airport and were photographed by the media who had been lying in wait.

The two walked side by side, surrounded by assistants and bodyguards.

Without much interaction, Yang Mi, wearing a mask, sunglasses, and sportswear, exuded youthful energy, while Chen Shouzhe was even more indifferent, bundled up tightly in a down jacket.

Airports have practically become red carpets these days, with tons of beautiful photos. Last month, the "Hongqiao Sister" went viral online, and taking photos of celebrities at the airport has become a profession.

"She really went to the Golden Globe Awards red carpet."

"She bet on the right person back then."

"We have movies, we have TV series, and now we even have fashion resources." "I want to go to my husband's place too."

"I'll take you there sometime."

Many female celebrities in China are envious; as female celebrities, their competition is even fiercer than that of male celebrities.

Movies aren't profitable these days, so many celebrities open studios to cultivate a following. The commercial value of a popular female celebrity can be comparable to that of a movie.

In the future, there will be more and more people with mediocre professional skills who have gained a large number of clueless fans through variety shows.

However, the top stars still need to achieve their status through film and television works.

Yang Mi has all of these. The red carpet is the biggest fashion resource. Under the spotlight, luxury goods that appear on the red carpet will become the first choice for fashion by leveraging Chen Shouzhe's fame and the popularity of the red carpet.

The internet was abuzz with discussion.

"You really went?"

"Having a good boss really makes a difference."

"I don't know if the company will go public this year, and we also have a movie to be released this year."

"After kicking Zeng Jia out, with Chen Shou's resources, everything went smoothly."

"No, there are Oscar nominations in just over ten days. The Pursuit of Happyness and Gravity have both been nominated for Oscars. Yang Mi is not going to walk the Oscar red carpet again, is she?"

"Walking the Oscars red carpet would be so awesome."

Other female celebrities must be green with envy.

Are the two of them really not related?

"Do you believe it?"

"I do not believe."

At the airport, Chen Shou booked first class for everyone except his own people.

Yang Mi also took off her mask and sat next to Chen Shou, fixing her hair.

"How much stuff did you bring?" Chen Shou asked in surprise when he saw Yang Mi's several suitcases.

"It's nothing, just a dress," Yang Mi said.

"We're a bit pressed for time. The closing ceremony red carpet is on the 8th. Will you be going back to China or the United States then?"

What are your plans?

"I'm coming back; I have other work to do at the end of the year."