This director is so innocent.

Chapter 7: One of the Two Tools in the Chinese Entertainment Industry

What Shen Haobo could think of, Su Jin could naturally think of as well.

If the advanced solution is successfully developed, Jianmu Culture will rise to the top in one step, and as long as it doesn't make any mistakes, no one else will be able to catch up.

However, there is a problem: the expenses are too high.

The basic plan can be done with three million.

But the premium option costs ten times more.

Since it's being built entirely according to a high-end plan, we'll definitely need to buy land.

If we don't buy it, we'll inevitably face rent issues later.

If it's just a matter of rent, that's a minor issue. The real problem is if a competitor buys the land; that would be a real headache.

"I know, that's why I asked you, someone who likes buying houses."

Shen Haobo smiled slightly. He knew that Su Jin liked buying houses and had even advised him to buy one.

Fortunately, he listened to advice and bought two apartments for a little over 150 yuan each; otherwise, he would have lost 500,000 to 600,000 yuan.

What? You're saying you won't lose money if you don't buy it?

Heh... For capitalists, missing an opportunity means losing money.

"I just did the math. If we calculate based on a 15,000 square meter area, the total price would be around 25 million, not including renovations."

The building area is 15000 square meters. If it is to be built with five floors, the footprint will be approximately 3000 square meters.

The average price of land in Beijing is around 3,600 yuan per square meter. If it's located outside the Third Ring Road, the price can be even lower, around 3,000 yuan per square meter.

Upon hearing this, Shen Haobo quickly calculated in his mind and said, "So the total price is around thirty-five million?"

"More or less." Su Jin nodded and asked, "How much working capital does the company have right now?"

"More than 15 million."

"How much can the bank lend?"

"Getting a loan of ten million is no problem. With a little networking, twenty million is also possible."

"Seven o'clock! How much capital can be withdrawn?"

"They don't have much; after deducting operating costs, they can probably take out three million."

Su Jin pondered for a moment, then asked seriously, "Old Shen, are you sure you've made up your mind?"

If he had followed his original plan, which was to buy a physical store and open a bookstore, he wouldn't have lost money even if the internet had impacted the market in the future; in fact, he would have made a profit.

But Shen Haobo wanted to go big and achieve instant success, so naturally he had to support him.

Otherwise, it would make him seem like a boss with a narrow mind and no guts, and how could he be a boss in the future?

Moreover, the plan has a high success rate, at least 70% or more, which rounds up to 100%.

If you still don't dare to play, then you've wasted your rebirth and might as well just live a life of idleness and waiting to die.

Of course, most importantly, given the rate at which housing prices in Beijing will rise, buying this land will not be a loss.

"Yes." Shen Haobo nodded emphatically.

Seeing that Shen Haobo had made up his mind, Su Jin didn't waste any more words and said directly, "Then let's take out a loan of 20 million from the bank, with 73 million to be used as a backup. If we need more money later, I will personally lend it to the company."

He has over seven million yuan in royalties in his own slush fund, and another two or three million will arrive in a while.

"OK, I'll call a meeting with the company's leadership in a bit to make sure this plan is implemented well."

"Well, I'll be filming soon and won't be able to handle much else, so you'll have to take care of this."

"Um."

After they finished talking, Su Jin went out.

I went to have lunch first, and then took a nap on the sofa when I got back.

When we were renovating, we originally planned to create a small room in the office as a nap space.

But then I thought the space was too small, so I didn't do it.

After waking up, I continued writing "Psychological Crime".

……

Houhai.

It is part of Shichahai.

The famous Houhai Bar is located here.

If Sanlitun Bar Street is all about trends, then Houhai Bar Street is undoubtedly all about culture.

The area is a network of narrow alleyways, clustered along the sea. There is no noisy music, only melodious singing and the unique cultural atmosphere of the post-80s generation.

Singers such as Zhao Lei, Huang Bo, and Jin Zhiwen performed here in their early days.

Around 7 p.m., Su Jin appeared here.

He didn't come here to drink; someone invited him.

"They're here."

As soon as he entered "Yun Ya Bar", he was greeted by familiar people.

He's been a regular here for the past few years, and quite a few people know him.

While responding to them, Su Jin searched for the person who had asked him to meet her.

It was found in no time.

"What are you chatting about? You seem to be having a lot of fun." Su Jin looked at the two men and smiled.

The two individuals are Ning Hao and Du Jie.

Ning Hao needs no introduction; he's a genius director, and Du Jie is his go-to cinematographer.

Knowing Ning Hao was obviously premeditated; he was one of the two key figures in Huayu Entertainment.

"Oh, you're here, have a seat, have a seat..." Ning Hao called over the waiter and asked him to add a glass of whiskey.

After that, he took out a bank card from his pocket and handed it to Su Jin.

There are two million in here.

Su Jin glanced at the bank card, then looked at Ning Hao with a puzzled expression.

Ning Hao understood what he meant and explained, "It's about profit sharing!"

"Investment sharing?" Su Jin took the bank card and asked, "Hasn't 'Stone' been released yet?"

Knowing that "Stone" could make money, he naturally invested a sum of money, not much, two million.

He wanted to invest more, but Ning Hao only needed two million.

Because the five million that Andy Lau promised him turned into three million.

"It hasn't been released yet; this is the money for buying out the mainland distribution rights."

Ning Hao took a sip of his drink and continued, "Yu Weiguo took me to see Third Master, and then Third Master took a liking to it and brought in Warner Music. They spent five million to guarantee the mainland distribution rights together."

"Warner?" Su Jin paused for a moment, then asked, "Is it the Warner I'm thinking of?"

"It's the one you're thinking of, but it's a little different. This Warner is a joint venture with China Film Group, called China Film Warner."

Du Jie interjected, "They've always wanted to get involved in distribution; they were very optimistic about 'Crazy Stone,' so they secured the mainland distribution rights!"

China Film Warner only distributed "Stone," "Racing," "Connected," and "The 601st Phone Call" in mainland China, and then disappeared from the history of Chinese cinema...

The previous policy relaxed the upper limit of foreign investment from 49% to 75%, but this was only possible in seven pilot cities, including Beijing, Shanghai, Guangzhou, and Shenzhen.

Although it was only available in pilot cities, it sparked a frenzy among foreign investors, such as Warner Bros. from the US, CJ from Korea, Golden Harvest from Hong Kong, and Broadway, all of whom rushed to acquire land in the mainland film market.

In 2005, another policy was issued that prohibited foreign investment from holding more than 51% of shares or domestic companies from having a dominant position.

The outcome is already predictable.

……

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