Chapter 641: Good Golly! Main Melody Commercial Films and Main Melody Commercial Films

……

"At eight o'clock this morning, Wanda released an official announcement:

After months of negotiations, the group has recently completed a full acquisition of the top Hollywood film production giant—Legendary Pictures—for a price of 3.5 billion US dollars, approximately 23 billion RMB;

Effective immediately, Wanda Pictures will officially enter Hollywood, participate in global film production and distribution businesses, and compete and contend in the global box office market."

"It is reported that since Wanda invested 3.1 billion US dollars in May 2012 to acquire 100% of the shares of C Cinema Chain, it has long become the owner of the world's largest cinema chain;

Now that Legendary Pictures has been brought under its banner once again, Wanda has truly become one of the top giant companies in the Hollywood and global film industry;

Its global business scope covers multiple branches of the film and television industry such as film production, distribution, investment, cinema chains, and entertainment, with enormous influence."

"According to the Hollywood Film Daily, reposting a report from Legendary Pictures' announcement:

Legendary Pictures has recently completed all share transfer work and will continue to operate independently in the future;

All films produced by the group will not be affected by this change of ownership..."

……

The domestic film and entertainment industry boiled over completely.

Because compared to Crystal Pictures, in which Lin Nan holds shares, Wanda's move was a true one-step solution, directly blasting open the doors to Hollywood;

And from production to distribution to cinema chains, all are top-tier company teams in the global film industry, with the upstream and downstream industrial chains completely closed.

"You said you knew about this?"

Wang Wang Changtian called over, excited and agitated, but Lin Nan ruined his mood with a single sentence.

"I knew it yesterday morning, news came from Hollywood."

"Alright, I was confused. You have a medium-sized company over there too, so your information is indeed more up-to-date than everyone in the country except Wanda.

Tsk tsk, originally we said that other domestic capital couldn't get involved in the 'The Great Wall' project; but who could have thought Wanda would pull off something this big and swallow Legendary?!

Now it's done; blockbusters like 'The Great Wall' and 'Kong: Skull Island' are essentially films co-invested by Wanda, with a significant share, truly catching everyone off guard."

Lin Nan smiled and responded; Wang Wang Changtian was absolutely right;

At this moment, the entire domestic film industry is definitely in a state of confusion, and their posture when facing Wanda afterwards will inevitably be adjusted and changed;

Before, it might have been because of Wanda Cinema Chain that they were unwilling to offend them, but later it will probably be 'flattery'.

After all, that is Legendary Pictures, one of the Hollywood giants; although it is a giant ranked towards the bottom of the top ten, its strength is undoubtedly unquestionable.

And in the Chinese film circle, which company or which actor or star does not want to go out, to step onto the Hollywood and international stage? The answer is: not a single one!

"For us, this is a good thing; as for others, that's hard to say."

Lin Nan's mood was also very good; Wanda was his own long-term ally.

"Well said, for us it is indeed a great thing!" Wang Wang Changtian also chuckled in agreement.

Huayi, Chairman's Office.

Wang Wang Zhongjun and Wang Wang Zhonglei both had a feeling of 'a leaky roof in the middle of a rainy night'; for the past month, everything had gone wrong.

Having poached Ye Ning and a large number of key personnel from Wanda Cinema Chain, they were not worried about anything, nor afraid to confront Wanda;

After all, in the domestic film industry, in terms of comprehensive strength, Huayi is far stronger than Wanda!

But Wanda's move of swallowing Legendary Pictures was really not something they wanted to see;

Because this meant that the opponent, already destined to be a deadly enemy, had become even stronger, and even in momentum had already surpassed Huayi, after all, that was Wanda which had acquired Legendary Pictures!

"Does Ye Ning know about this?"

"He should know; he was a Wanda executive before. At that time, negotiations should have already been in the stage, but I guess it was just a matter of money."

Hearing Wang Wang Zhonglei say this, Wang Wang Zhongjun did not get angry at Ye Ning's behavior of concealing this matter from them; instead, a smile appeared on his face.

"He is truly loyal to Wanda from start to finish, very good; poaching such people is very worthwhile. But this also shows that he really didn't want to stay at Wanda anymore;

What does it matter if it grows stronger and stronger, even becoming a giant in the global film industry? Big Lao Wang was a bit stingy with his long-standing executives, unwilling to give shares. Hehe..."

"Who can blame Wanda for being arrogant? With so much talent, naturally they don't cherish it; Ye Ning is considered a veteran executive."

After Wang Wang Zhonglei mocked, he immediately turned into a serious face:

"Big Brother, there is only about a month left; we must prepare in advance for the aftermath of completely tearing up relations with Wanda... openly and secretly, we will have to fight a few battles."

"Hmm, a contest is definitely necessary, but this is the domestic film industry; we are the number one private capital." Wang Wang Zhongjun said with great confidence.

……

The closer it gets to the end of the year, the more various activities there are.

Liu Liu Yifei returned to her hometown, which was better; there was no need to report to Hongxingyu, which had already, according to previous instructions, turned down a large batch of engagements and invitations.

But Lin Nan was different; he was still in the capital, and the invitations he received were without exception galas, banquets from industry capital, and movie premieres.

Lin Nan could refuse most invitations; but a very small number were unavoidable, such as the press conference for the film 'The Mermaid' in which Lin Nan himself invested.

In Ren Ren Zhonglun's words, since the premiere couldn't be attended, the press conference could not be missed again, otherwise people would talk behind their backs.

So, Lin Nan sat in the front row amidst a sea of people at the press conference venue, listening to a "ridiculous" song with Ren Ren Zhonglun.

Yes, lyrics and composition by Zhou Zhou Xingchi, sung by Deng Chao—'Invincible'!

After listening, Lin Nan couldn't help but chuckle; although he was tone-deaf, he could appreciate it.

This was clearly an extremely pretentious and heroic song, but when sung by Deng Chao, it perfectly fit the movie's plot setting, with a flavor of flamboyance, greasiness, and nouveau riche;

One can only say Zhou Zhou Xingchi designed it well, truly 'Invincible'!

"Wanda swallowing Legendary, the valuation of Tudou seems to rise as well."

Ren Ren Zhonglun leaned his upper body towards Lin Nan and whispered. On stage, Zhou Zhou Xingchi was answering reporters' questions, talking about the creative background of 'The Mermaid'.

"Hmm, there will definitely be a gain. Also, Wang Wei will go and talk with Wanda about the domestic online broadcast rights for some foreign films owned by Legendary Pictures."

Hearing Lin Nan say this, Ren Ren Zhonglun couldn't help but feel a bit envious.

"This is the strong alliance of film capital. Even if Shanghai Film and China Film went public, they could not have the resource stacking and mutual reinforcement effects brought by such an alliance."

"Who can blame Shanghai Film and China Film for being state-owned enterprises? Only state-owned enterprises can ally with state-owned enterprises. Private enterprises? The status is unequal, they have no qualification to ally. Moreover, it might just end up costing them everything." Lin Nan smiled with a hint of meaning.

"You just keep being sarcastic."

Ren Ren Zhonglun grumbled, then lowered his voice even further:

"We'll try to submit that 'Railway Tigers' for review as late as possible, planning to slot it into the New Year season… do you have any good suggestions?"

"Don't, I'll be doing you a favor just by not publicly boycotting you—don't even bring that up to me.

You just need to be prepared to be boycotted and cursed out by the audience, the rest is up to you."

Seeing Lin Nan's attitude of dodging the plague, Ren Ren Zhonglun was instantly at a loss for words. The pleasant atmosphere they'd just been chatting in instantly vanished.

Meanwhile, Zhou Zhou Xingchi had already taken the stage and was subtly bringing up the matter after the film's release—namely, the box office.

"I hope 'Mermaid's box office can stand shoulder to shoulder with Director Lin's 'Detective Chinatown'…"

At the afternoon press conference, Lin Nan was nothing but a prop, purely there to put on a show for the media.

When it wrapped, he left alone too, without exchanging pleasantries with anyone in the industry.

But when he casually glanced back and caught a distant glimpse of Ren Ren Zhonglun's figure, for some reason, 'Operation Meigonghe' suddenly flashed through his mind.

Good lord, in that instant, Lin Nan's entire scalp tingled with clarity.

'Operation Meigonghe' is a mainstream commercial film—about drug enforcement!

And 'Railway Tigers' is also a mainstream commercial film, but…

Even more of a coincidence, Lin Nan had previously intended to send 'Operation Meigonghe' into the second half of the year's major season too, he just wasn't in a rush to submit it for review or lock in a date yet!

"This really is… good lord!" Lin Nan muttered under his breath as he got into the car.

……

The opening-day box office for 'Star Wars: The Force Awakens' came out. Because it was a Saturday, leveraging the advantage of being a franchise blockbuster, it directly slashed a massive 150 million yuan at the box office;

while 'Detective Chinatown' held firm, defending 110 million yuan.

Just as Lin Nan had joked with Yue Jun before: when the big brother and second brother fight, it's the little brothers who all get killed.

Because these two films combined directly took 98.66% of the day's total box office pie! Isn't that just steamrolling every other film to death?

"The shooting team has already locked in the schedule—it's the post-Spring Festival slot Red Star Studios arranged earlier. The application for the new extension key hasn't come through yet…"

Sitting in his office yawning, Lin Nan signed the reports for the total tax payment due for the entire previous year; the finance department would handle it.

The company had a lot of business, whether it was box office splits or other income, the time for funds to arrive was basically always delayed, after all, that's just how the film and TV industry was;

and the finance department settling taxes once a year uniformly was indeed more convenient, but lumping it all together at once, that number…

"Mm, got it. Don't tell me about the 'Eternal Love' matter, just have Director Jiang liaise directly with Red Star Studios. As for the extension key, it should come through within a week."

While responding to Yue Jun, Lin Nan handed the signed documents and receipts directly to finance without a second glance.

Because that tax number made his heart tremble!

…………

(End of chapter)

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