Since Lin Xiumin's suggestion has been accepted, the dozen or so shops that Li Feng had selected are no longer suitable.
So he called Li Feng and explained the situation.
Li Feng asked, "Boss, do you need me to find a new shop?"
Gao Yan thought for a moment and said, "Here's what we'll do: go to the city's commercial plazas and look for shops that are 500 square meters or larger."
"Yes, boss!"
Since the plan is to open a branded milk tea shop, the two milk tea shops in Wanlong Plaza and Hengda Plaza are no longer suitable. Once the large milk tea shop is opened, these two shops will be sublet.
As for the one on the university town's snack street, it can be kept.
Five o'clock in the afternoon.
Gao Yan, who was reading a book, received a call from Li Chaonan.
Li Chaonan: "Xiao Gao, I've received news about the entertainment companies you asked me to help find. There are three in total. I'll send their information to you on WeChat. Take a look!"
Gao Yan: "Okay, thank you, Brother Li. I'll treat you to dinner when I come to Shanghai in a while."
Li Chaonan: "Okay, it's settled then!"
Less than a minute after ending the call, Li Chaonan sent Gao Yan a document.
After clicking on it, Gao Yan began to watch it attentively.
These three entertainment companies are Haitian Entertainment, Huanrui Century, and Tianxing Entertainment.
Among them, Haitian Entertainment is relatively pure; it does not cultivate stars and focuses on producing movies and TV series.
This company was established in 2008. Over the past seven years, it has produced a total of seven films, averaging one film per year, but it has produced many more TV series, totaling more than 20.
Of the seven films, the highest-grossing youth film earned 340 million yuan, two of the other six made a small profit, and the other four lost money.
However, all 20-plus TV series they filmed were sold, 15 of which made a profit, while the rest incurred losses, though not significant ones.
Looking at the titles of these movies and TV series, many of Gao Yan have either seen or heard of them.
Why is Haitian Entertainment selling the company?
The reason is simple.
This year, they partnered with other companies and invested 330 million yuan in a blockbuster film, with Haitian Entertainment taking the lead and investing 180 million yuan.
The lead actor is a top-tier young heartthrob.
Just as the movie was about to be released in theaters, that top-tier young idol got into trouble and was arrested.
And naturally, the movie he starred in could no longer be released.
Encountering such a problem on its first major project dealt a heavy blow to Haitian, leading the company's owner to consider selling the company.
After all, the company's working capital was tied up in this movie, and they also had to deal with trouble from partners and sponsors, so they simply didn't have the mind or time to work on new projects.
Selling the company is the best option.
Because Haitian Entertainment doesn't deal with celebrity management and doesn't guarantee that the behind-the-scenes team will stay, their offer is very low, only 15 million.
Even so, not many people are willing to take it on, because Haitian has not yet resolved the issues with its partners and sponsors.
The partners can argue, but the sponsors definitely have to refund their sponsorship fees, because before the incident, that top young idol was very popular and attracted 20 million yuan in advertising sponsorships.
Even if they don't lose much money, they still have to pay 20 million in compensation. Therefore, acquiring Haitian Entertainment would cost at least 35 million.
Let's talk about Huanrui Century.
This company is much better than Haitian Entertainment. It has its own star artists, including 16 actors, 22 singers, and more than 30 trainees.
Their business is quite extensive, including movies, TV series, variety shows, and releasing records.
The reason for selling the company is not because it is unable to continue operating.
The owner of Huanrui Century is Chen Zhixing. He was already 50 years old when he founded Huanrui Century in 2000. Over the past ten years, Huanrui Century has grown bigger and bigger.
However, six months ago, Chen Zhixing suffered a stroke and was hospitalized, making it impossible for him to host the Happy Century event.
His successor, his son Chen Shanhai, has his own company, which is even larger than Happy Family, but it has nothing to do with the entertainment industry. Moreover, he has no interest in entertainment companies and is unwilling to take over the business.
Therefore, they plan to sell Joy Century.
However, he wanted cash, not a swap, so even after six months, Joy Century still hadn't been sold.
Initially, Chen Shanhai offered 660 million yuan. After six months, he still hadn't sold it. He then lowered the price to 600 million yuan, but 600 million yuan in cash is still a considerable sum.
Therefore, no one has been willing to take over for a long time.
Finally, let's talk about Tianxing Entertainment. This company is the largest of the three entertainment companies. It not only has its own filming team, but also many celebrities.
In addition, they also have their own distribution channels and theater chains.
Although they don't own many cinemas, there aren't many entertainment companies that have both distribution channels and cinemas.
There are two reasons for selling the company.
First of all, Tianxing Entertainment started by collaborating with the Hong Kong entertainment industry. Ten years ago, the Hong Kong entertainment industry was very popular. You could just find a Hong Kong director, get a few Hong Kong stars together, and make a movie that audiences would buy.
However, audiences' appreciation skills also improve. Once the novelty wears off, Hong Kong productions become less popular, and mainland stars also rise to prominence.
Therefore, Tianxing Entertainment was successful 10 years ago, but it is no longer doing well 10 years later.
However, ten years later, the decision-makers at Star Entertainment have repeatedly made the wrong bets. For example, last year, they released a new film by a famous Hong Kong director with a guaranteed box office of 800 million.
As a result, the film only grossed 180 million yuan, causing Tianxing Entertainment to suffer huge losses.
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