Rebirth of the Financial Crisis Sweeping the World

Chapter 137 Chapter 137 [Become the boss of a 132 million group company]

There is still 1 million Hong Kong dollars left in the No. 2 fund, and Wang Guanxi also put it in the Global Jiyuan Entertainment Group.

Then Wang Guanxi summoned the executives of Xingyao Film and Television Company and ordered: "From now on, the company will be renamed Jiyuan Film and Television Company, and it will become a wholly-owned subsidiary of Global Jiyuan Entertainment Group."

"Yes, boss!" Everyone said in unison.

They didn't expect that the boss also had a head office. Hearing the name of the head office, they knew that it was a very powerful new company.

Originally, the company’s profits were mediocre, but it lost several million Hong Kong dollars last year. In addition, the original boss, Li Guangyu, did not focus on this company, which made everyone not very optimistic about the company’s development prospects in the future. This moment seems to have changed.

Wang Guanxi asked again: "Who is the director and who is the general manager?"

"stand out!"

A middle-aged man struggled for a moment, and quickly stood up.

A man with a flat head in a suit and leather shoes, named Zhu Renzhi, is the deputy general manager,

"Boss, the company currently has no general manager. I am the deputy general manager of the company, and my name is Zhu Renzhi."

At this time, an assistant handed over his information and showed it to Wang Guanxi.

Zhu Renzhi, who used to be the deputy general manager of Hong Kong Media Asia Films, was frustrated with Media Asia this year, and was recruited by Li Guangyu to become a professional manager. Of course, it was only temporary. Wang Guanxi knew that he would go back Media Asia Pictures.

The ability is very good, Wang Guanxi said: "Well, you continue to work, if you do well, you will be the general manager."

"By the way, where's the director?"

Zhu Renzhi thought for a while and said, "Boss, the director of the company resigned not long ago, and I am currently the director."

In fact, the income of directors in Hong Kong is not high, unlike that in the Mainland.

It is normal for the director of the company to leave and change jobs. He himself used to be a director and a producer.

Then he said: "Boss, there was a well-known director who came for an interview, and I'm considering whether to let him join the company."

Wang Guanxi asked, "Who is it?"

Zhu Renzhi said: "Chen Musheng, he seems to be in despair. I heard that the Internet of Things company he invested in went bankrupt this year, lost all his money, and was squeezed out in his own film and television company."

"Chen Musheng?" Wang Guanxi didn't expect that if this guy was down this year, he would go around interviewing and change jobs?

This director is indeed well-known in Hong Kong, and Wang Guanxi is still optimistic about many of his films. I didn't expect this year to be so miserable.

But the future will still rise,

He made a lot of blockbuster films that made money, so Wang Guanxi ordered: "You call him over immediately and let him join the company."

"If you call me back, you will be the general manager. If you can't call me back, you should leave the job too."

"Yes, boss." Zhu Renzhi hurried to make a call, and half an hour later, Chen Musheng came in front of Wang Guanxi.

He was wearing a jacket, his hair was a little messy, and he looked a little depressed.

Wang Guanxi: "From now on, you will be the director of the company!"

Chen Musheng was immediately dumbfounded, what's going on?

He himself was a little confused, so he had to say: "Thank you, boss."

Wang Guanxi nodded: "Go and sign the contract."

Soon the contract was signed.

Wang Guanxi said: "Let me tell you, I also have a modeling company, a music company, and a brokerage company"

"The head office is called Global Jiyuan Entertainment Group"

"Let's go to get together at night so that you can get to know each other"

"Now, get ready and leave at 7:30 in the evening."

Everyone said in unison: "Yes, boss."

At 8 o'clock in the evening, all the executives of Global Jiyuan Entertainment Group came to the large private room of the Chinese restaurant.

Ji Yuan Model Company, General Manager Ou Yuping, Manager of Public Relations Department Qi Shuchun...

Jiyuan Music Company, general manager Zhang Dan, music producer Shi Yuqiang... There are also two key artists, Chen Weiyun and Deng Shiqi.

Jiyuan Brokerage Company, General Manager Zhao Weihui...

Jiyuan Film and Television Company, general manager Zhu Renzhi, great director Chen Musheng...

The entire team of the global Jiyuan Entertainment Group has been assembled, and it is time to let go. This year, Wang Guanxi will let them shoot good films or invest in high-grossing movies, release popular albums, and follow the path of other entertainment companies , Let other entertainment companies have nowhere to go this year, let them lose money in a dismal year.

A blockbuster album is in the works, but a box-office movie isn't.

Wang Guanxi will not invest too much energy and money here, but let the global Jiyuan Entertainment Group discover according to the direction he set.

Invest in movies, or make them yourself.

In fact, investing in movies is a very risky thing. Many moviemakers end up losing money.

All film revenues are first paid a 3.3% special business tax and a 5% special fund for the film industry. The remaining 91.7% is identified as the "dividable box office" of a movie.

Furthermore, film distributors account for 8-10% of the box office, movie theaters and theater chains account for 57%, and film production and capital investment generally earn 30%-35% of box office revenue.

In other words, the investor gets 35% of the total box office!

For example, for a movie with a cost of 35 million Hong Kong dollars, the box office needs 100 million Hong Kong dollars to pay back.

The Global Jiyuan Entertainment Group does not need to shoot movies by itself, it can be an investor.

Wang Guanxi knows many popular movies with low investment cost and high box office.

If You Are the One, Mei Lanfang, King of Kung Fu, Changjiang No. 7, Ip Man 1...

However, the global Jiyuan Entertainment Group does not have a lot of liquidity and needs to sell assets. Then Wang Guanxi ordered: "Ou Yuping, Zhang Dan, Zhao Weihui, Zhu Renzhi, you sell all the useless assets for me, especially Jiyuan The assets of the film and television company, useless and irrelevant, are all sold!"

"Start tomorrow!"

"Use the funds of the group company to release albums and invest in movies"

"Is it clear?"

Everyone said in unison: "It's clear, BOSS!"

"Understood, boss!"

Wang Guanxi nodded: "Very well, you can do it tonight, and I will see the result then."

"Whoever does a good job this year can become the vice president of the head office, and if he doesn't do a good job, get out, understand?"

Now these four general managers are only the heads of subsidiaries, and the positions of president and vice president of the head office are still vacant.

Now the Global Jiyuan Entertainment Group has a total of four subsidiaries, which were bought by Wang Guanxi for 132 million Hong Kong dollars. In 2008, they were integrated together, and the scale is not too small.

In the future, the group company will expand. The position of vice president can govern many subsidiaries and has great power. Everyone is greedy for the position of vice president.

"Understood, boss!"

Now that the group companies are integrated, everyone is full of confidence and expectations for the future.

Although everyone doesn't know much about BOSS, they know that BOSS is very rich and ambitious.