Disaster Artist

The thing is actually very simple—

From the beginning to the end, this is not about "The Woman Who Left" or "The City of Starfall". In the same way, the five major theater alliances headed by Belden Group did not choose to sanction "City of Starfall" because they excluded Lu Qian.

But again, it's not that simple—

Whether it is the theater alliance or the three major theater chains, in the final analysis, what they are considering is their interests, closely related interests, interests related to their own destiny and prospects. Facing a new thing like streaming media, different companies have different positions, so they also Standing in different camps, basically, has nothing to do with personal grievances and personal emotions.

The point is precisely here.

Everyone firmly believes that the future they see is correct, but who can be 100% sure when they are in it and see the flowers in the fog?

The words stopped again, allowing the silence to slowly spread.

Zheng Haipeng didn't know how to respond, and Lin Fenghua didn't ask.

Zheng Haipeng only felt uncomfortable all over, and the idea of ​​running away again appeared in his mind, but even if he ran away, where could he go?

Echo Cinema is indeed facing a dilemma—

Although so far, the industry has not revealed the news for the time being, but the rumors are surging one after another, and the sense of crisis that is about to come is constantly surging.

In fact, not to mention outsiders, even most of the top leaders of Echo Theater are temporarily unknown, and Echo Theater is on the verge of bankruptcy.

In recent years, the film industry has been booming. Seeing that the box office figures continue to set new records, and the number of works screened on the big screens of theaters every year is also increasing. It is conceivable that the competition among theaters is becoming more and more fierce. It's only that big, and everyone wants more of it.

Among them, Echo Theater is neither too good nor too bad. It has always been in the middle. They also have their own ambitions, so they made a series of decisions to prepare for global expansion. Once successful, they will be able to complete the transformation , to win a favorable position in the fierce competition.

Three years ago, Echo Cinemas acquired the world's second largest art theater chain, Yilian, at a price of 28 billion, which was a very solid step. This move greatly increased the company's revenue, but at the same time It also brought a lot of debt.

From a professional point of view, if the entire industry is in an upward cycle, then the income will form a virtuous circle, which can not only offset the pressure of debt, but also create multiple benefits; but the reality is cruel, superhero movies fall into aesthetic fatigue, the film market In trouble-

From "Mutants" to "Jedi Knight 8" and so on, these works have excellent word-of-mouth, but they have been puzzlingly unable to create corresponding box office successes, and the weakness of the market can be clearly seen.

Damen Films, Miracle Pictures, etc. began to start with the holiday files, and other film companies started with the autumn files. The major companies are trying to tap the market potential outside the summer files, which also proves that the film market has fallen into a bottleneck. Trying to find a solution.

Of course, the rapid growth of residential and Echo is also a sign of the progress of the times. Otherwise, it will be impossible for streaming media to rise in a few years, let alone bring such a violent impact to the theaters. This is also a manifestation of the changing structure of the film market.

As a result, Echo Theater was in trouble.

But they have already taken a step, and there is no turning back at this time. It is like sailing against the current. If you don’t advance, you will retreat. The only way to bite the bullet and move on.

About fifteen months ago, Echo Cinemas was preparing to acquire another theater chain. It has a thousand theaters worldwide. Although it has not been able to rank among the top eight theaters, it is a thriving small and medium-sized theater chain. A company that operates close to the new generation is very optimistic.

It's a pity that after nearly a year of back and forth negotiations, it finally ended in failure—

Echo Cinema will face more than 7 billion liquidated damages, and is currently going through legal procedures, and the final amount may be higher or lower.

But there is no doubt that the failure of this acquisition will become a reminder for Echo Cinema.

As far as this year is concerned, Echo Theater's net debt is as high as 63 billion, and the year is coming to an end, but their box office revenue is only less than 20 billion. You don't need to be very familiar with mathematics, you can see the disparity from the numbers The difference, which also means that Echo Cinema has come to a crossroads of fate.

On the one hand, Echo Cinema is preparing to hold a general meeting of shareholders to see if it will issue additional common shares and gather funds in this way.

On the other hand, Echo Cinema is also actively standing on the same front with the theater alliance, hoping to resist the impact of streaming media and gain breathing room for the theater box office market.

The situation of Echo Theater is more difficult than imagined.

Zheng Haipeng couldn't imagine how hot Lin Fenghua's position was, but he also didn't want to know, because of that kind of pressure, he might collapse directly.

Now, entering the house and intervening in the game again, Gu Mingxuan snaked his way to grab Lin Fenghua's weakness—

They had to guess, how did Gu Mingxuan know, and how much did he know? Did Gu Mingxuan come here specifically for Echo Theater, or did he cast a wide net?

Zheng Haipeng glanced at Lin Fenghua, hesitated to speak, the words had already come to his lips, but he swallowed them after all.

Lin Fenghua noticed Zheng Haipeng's expression, "What are you thinking?"

"No, no." Zheng Haipeng repeatedly shook his head in denial.

Lin Fenghua chuckled lightly, "You are thinking, why my words are a bit hesitant, is your heart moved?"

Zheng Haipeng was surprised, but still nodded his head in affirmation, paused for a while, and finally couldn't hold back, "Boss Lin, are you really moved?"

"En." Lin Fenghua threw out a heavy weight without any hesitation.

Zheng Haipeng's head froze a bit—

In fact, this is a math problem.

If streaming media makes its debut, UU Reading www. What uukanshu.com seizes is the market dividends of the theater chains, which directly weakens the interests of the theater chains. They and the theater chains are irreconcilable enemies. As for Echo’s wishful statement, “Streaming media and theater chains coexist”, this is just to confuse Enemy sugar-coated shells.

The situation of Echo Theater is already so bad, if they also turn against the streaming media, wouldn't it be tantamount to stabbing their own arteries?

Just because of a "City of Starfall"?

Isn't this too ridiculous and bizarre?

Zheng Haipeng didn't understand.

Lin Fenghua showed a smile, "I know what you are thinking, are we helping the enemy end his life?"

"But from another perspective, if the rise of streaming media is unstoppable, if we continue to stick to the theater market and we cannot reverse the weakening trend of the box office, if our bankruptcy is imminent, then our shifting camp is not just to stop losses in time , and adjust the direction of development in time to find vitality again.”

"This is called... breaking the boat."