Chapter 665 A Big Deal: Investing in Sony
Ichiro Oda acted quickly and immediately picked up the phone to inform the senior management of Sony's parent company.
An emergency meeting was immediately held, and Su Yang himself transmitted the videos to the meeting room. Of course, some encryption methods were used, and after they finished watching, the videos would be directly destroyed without leaving any traces.
In the conference room, many professionals fell silent immediately after watching these videos.
Because the production standards are so high, each one is a big money-burning masterpiece. However, these big money-burning masterpieces are burned with the money of Qingyao Group and have nothing to do with them.
They want to collaborate on future live-action movies based on these IPs. So for them, the more famous these IPs are, the better the box office will be if they collaborate on future movies.
In addition to these videos, Su Yang also briefly revealed to them part of the content of Marvel Universe's operations and the speed at which Qingyao Group produced these things.
"This is impossible, how can it be so fast?"
After reading these things, a person who understands technology couldn't help but exclaimed.
"In theory, if there are enough people in the later stages, it can definitely be done. You know, the thing that China lacks the least is people..."
Another technician's words silenced everyone.
What are the advantages of Qingyao Group? Besides Su Yang, a genius beyond compare, they also have a talent advantage. This is because China has a large population base and a sufficient number of practitioners. Even though Qingyao Group offers good benefits, their overall labor costs are still lower than those in the United States and Japan.
What's more, Qingyao Group also has subsidiaries in Thailand and other places, and some of the post-processing work can be completed in these countries with lower wages.
In fact, Hollywood giants also do this, and they also place a lot of post-production in countries with relatively low labor costs. Some giants are even planning to open branches in Africa.
The post-production of some works is a meticulous process. It doesn't require high technical skills, but it does require time and patience. It's like polishing something, which requires repeated polishing.
"Let's put that aside for now. Qingyao Group is going to fight Disney to the death this time. I'm actually optimistic about Qingyao Group because Su Yang's talent is incredible. And behind Qingyao Group stands China, which is a huge market. And Qingyao Group is the only giant in China, not just one of them. In this respect, they have an advantage over Disney..."
The words of a senior executive made everyone nod seriously.
"If we can cooperate, even if our works are suppressed in the North American market in the future, we still have the huge Chinese market. In the worst case scenario, Sony Pictures can still survive, and we can even lay off employees. Or we can directly establish a subsidiary in China, recruit talents from China, produce the works in China, and release them in the United States..."
At this point, everyone's eyes lit up.
Yes, we can build a subsidiary in Huaxia. Due to the rise of Qingyao Group, Huaxia now has a large number of practitioners with strong capabilities.
At the same time, it can also be more convenient to cooperate with Qingyao Group and reduce labor costs. Isn’t this how Qingyao Group works? Even the works of Qingyao Media’s American subsidiary are filmed in China.
The blockbuster "Game of Thrones" features an all-American cast and tells a European and American story. However, filming was entirely done in the Qingyao Group's studios, significantly reducing costs. This is feasible under current trade rules, and is something all entertainment companies are doing.
"But the price Su Yang is asking for this time is too high. 10 billion US dollars, and it's payable in installments..."
A senior executive couldn't help but say.
"Although the asking price is high, I have to say something sad. If this trend continues, in a few years, even 100% of the shares might not be worth $10 billion. According to the information we've received, other Hollywood giants seem to be discussing cooperation with Qingyao Group. No one wants to give up the Chinese market..."
The atmosphere in the conference room suddenly became solemn.
When two tigers fight, who dies first? Not the tiger, but the wolf. Why has Sony been losing money in recent years, and why have other companies' performance declined? A big reason is the rise of Qingyao Group, which has taken away a significant portion of the market. Now, Qingyao Group and Disney are engaged in an all-out war, and the fight is bloody.
In this situation, their lives are even more difficult. They have few options now: sell or continue to endure, but this suffering is endless. No matter which of the two tigers falls first, a larger tiger will emerge. When the other tiger is gone, this tiger will start to clean up the surrounding wolves.
The final option is to cooperate. Cooperate with one of the tigers, choose a side, and take a gamble.
If you win, your future will be much easier. If you lose, you will die together.
It's a dilemma, no, a trilemma. Selling Sony Pictures would allow the parent company to stop losses in a timely manner, but it would also significantly impact the parent company's overall structure, and the stock price would surely plummet.
It's even more painful to just sit back and watch, because it's a bottomless pit. We have to keep pouring money into it every year, and we don't know how many years it will take. No one expects the competition between Disney and Qingyao Group to be a quick one.
Finally, gamble, take a gamble!
The Japanese like to gamble. They even dare to gamble on the destiny of their country, let alone these things.
"Inform Ichiro Oda that we agree. However, we must account for at least 50% of the investment in the new film. At the same time, ask him to ask Su Yang whether Sony Pictures can build a Chinese branch in Zhucheng..."
Sony took a gamble.
Although the IP belongs to Qingyao Group, they still want profits. In the future, when these IPs are adapted into movies, Sony will at least want a moderate investment, which means a moderate share of the box office revenue.
Since they can't make money from IP, they'll make money from movies. And they have to sign an agreement that the subsequent filming of these IPs will be handed over to Sony, and for at least ten years.
In a word, Qingyao Group can take advantage of the bargain, but you also have to let us see the future and the sweetness.
A win-win situation is the future of cooperation. Qingyao Group wants shares, while Suny Pictures wants performance to maintain the parent company's stock price. For today's giants, stability is the key to success.
Ichiro Oda told Su Yang about the authorization he had obtained. Hearing Sony's request, Su Yang smiled with excitement in his eyes.
Sony Pictures, a Hollywood giant, was a veritable giant. By acquiring a 40% stake in Sony Pictures, he had built a fortified fortress within Disney's turf. With this fortress, he had opened up a new battlefield. Disney would be poised to engage in a war, and the action was about to begin.
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