However, this time, Wu Mingxuan, a time traveler, took advantage of the situation and took advantage of the situation. Don’t underestimate the losses of tens of billions this year. From 2016 to 2018, it is a real loss of more than 20 billion yuan, and the impact on valuation exceeds 100 billion yuan. If you accidentally break the camel’s last straw.
At that time, the probability of Wanda being forced to sell Wanda Cinemas and related property rights is very high. Wu Mingxuan was the only buyer with the strength to take over at that time. No one except him dared to take over this deal. He was almost half sold and half given away. He only had to bear the loan and most of the property rights. The theater chain was almost free.
No one can think of the future development trend now, but letting Li Xue do this randomly still break the rules, so Wu Mingxuan quickly received a call from Jack Ma. Wu Mingxuan's first sentence was: At most, I can only control myself, and I can't control the people below me.
If it is a traitor that affects my business, then I will definitely not just let it go. It has nothing to do with the group business, but it is their own personal grudges. I really can't control this. Could it be that you Alibaba has to even control these?
Although Alibaba is almost a model student of domestic Internet companies in management, it is not exaggerated to this extent. Not to mention externally, it is not uncommon for internal strife within the group due to grievances between different management teams. The incident of Prince Jiang in later generations and Sun Tongyu, the boss behind Pinduoduo, are the best examples.
Jack Ma founded Alibaba with eighteen arhats. Sun Tongyu is the second one who ranked only below Jack Ma. It turned out that the president of Taobao and the vice president of Alibaba were Taobao. However, because of his many differences in conceptual power with others, he finally resigned in 2008 and was kicked out by Alibaba. In anger, he founded Pinduoduo with Huang Zheng and others and made a comeback and became Jack Ma's most troublesome opponent in the later stage.
Moreover, Sun Tongyu's wife is also a member of the Eighteen Arhats. She is Alibaba's financial director Peng Lei. This is also very strong. After her husband left, her wife has always held important positions in Alibaba. It is said that the couple are separated from each other and have been separated for a long time.
So Jack Ma really didn't know how to cause trouble for a moment. In this special period when he couldn't completely break up with Wu Mingxuan, he could only endure the silence of the mute loss for a while. However, he swears secretly that once the old woman is elected, this arrogant godfather Wu will definitely pay a heavy price!
After discovering that the screening of "Hong Kong Jiǒng" is getting lower and lower, and the screening venue is getting more and more unpopular, Xu Baldy, the director and starring investor, was completely unable to sit still, and directly came to Huayi and Bona's theater managers, wanting them to explain to themselves.
Looking at the two big shots in the circle who didn't care and didn't take themselves seriously, Xu Bald Head argued: No, we signed a contract before, how could we lessen the screening at once, and how can we play the movie like this?
Huayi's theater manager Ye Ning and Bona's theater manager Yuan Kang looked at each other, smiled at each other, and replied to Xu Bald Head in a coexistence: Although Wanda has withdrawn for some reasons, the box office betting agreements we signed between us are valid.
But please pay attention to several additional terms. In the case of serious decline in attendance due to the problems of the starring actor and the creative team themselves, our theater company has the right to make adjustments.
Now you have seen the attendance rate of "Hong Kong Jiǒng". Wanda has been paintings, but we haven't painted them. Even because of Wanda's paintings, we have been showing them. The audience should be concentrated in our cinemas, and the attendance rate should be higher than before.
But what is the result?
You have also seen it all, and the attendance rate is just like that. Not to mention being boycotted, many viewers who have watched it have a low evaluation. The reputation of this movie is not good at all. Many viewers are even disgusted after watching it. Many viewers who have never watched it don’t want to watch it at all after watching the reviews. There is a heavyweight movie about to be released soon. Isn’t it normal to adjust the schedule of the film?
And isn't it lower than the minimum screening volume?
There is indeed no screening volume below the minimum 20% agreed on the screening contract, but the number of shows is really a scam. There is only one prime time between 19:00 and 22:00 pm, and the rest are all these garbage time periods during the day and morning. They are purely Make up the numbers, and want to continue to fulfill the contract and earn their box office bets.
"Hong Kong Jiǒng" is a positioned as an adult office worker over 25 years old. Many of these people can only have time at night. After such adjustments, the average attendance rate is naturally getting worse and worse. Now the most troubling is the young student audience. It is not right that they don't like it. Isn't this obviously using additional terms to gradually reduce emissions?
After all, the box office guarantee is the money you have already obtained. As long as you can reasonably make use of the additional terms of the loopholes in the contract, the money will definitely be obtained.
Then, more screenings were moved out to the new movies, and earn headwinds with more audiences (the derivative consumption around popcorn drinks). After a while, there were tens of millions of dollars every day, so why not do it? Anyway, Wanda and Alibaba Pictures dare not offend them now, and none of them took Xu Bald Head seriously, so that's it.
In other words, the box office bet of 2 billion yuan is basically impossible. Director Xu Baldy, as well as Alibaba Pictures Wanda Pictures, has become the biggest loser. Although Xu Baldy's losses in terms of betting are limited, in other aspects, he has suffered too much loss.
The money loss is not the most serious. The most serious thing is that he lost too badly this time, and his abilities in all aspects will be questioned. At the same time, he offended many people. It is too difficult to direct and attract capital support at a high premium. It almost ruined his originally extremely glorious directorial career, and even his acting career has become precarious, and he is almost directly defeated.
At that time, the probability of Wanda being forced to sell Wanda Cinemas and related property rights is very high. Wu Mingxuan was the only buyer with the strength to take over at that time. No one except him dared to take over this deal. He was almost half sold and half given away. He only had to bear the loan and most of the property rights. The theater chain was almost free.
No one can think of the future development trend now, but letting Li Xue do this randomly still break the rules, so Wu Mingxuan quickly received a call from Jack Ma. Wu Mingxuan's first sentence was: At most, I can only control myself, and I can't control the people below me.
If it is a traitor that affects my business, then I will definitely not just let it go. It has nothing to do with the group business, but it is their own personal grudges. I really can't control this. Could it be that you Alibaba has to even control these?
Although Alibaba is almost a model student of domestic Internet companies in management, it is not exaggerated to this extent. Not to mention externally, it is not uncommon for internal strife within the group due to grievances between different management teams. The incident of Prince Jiang in later generations and Sun Tongyu, the boss behind Pinduoduo, are the best examples.
Jack Ma founded Alibaba with eighteen arhats. Sun Tongyu is the second one who ranked only below Jack Ma. It turned out that the president of Taobao and the vice president of Alibaba were Taobao. However, because of his many differences in conceptual power with others, he finally resigned in 2008 and was kicked out by Alibaba. In anger, he founded Pinduoduo with Huang Zheng and others and made a comeback and became Jack Ma's most troublesome opponent in the later stage.
Moreover, Sun Tongyu's wife is also a member of the Eighteen Arhats. She is Alibaba's financial director Peng Lei. This is also very strong. After her husband left, her wife has always held important positions in Alibaba. It is said that the couple are separated from each other and have been separated for a long time.
So Jack Ma really didn't know how to cause trouble for a moment. In this special period when he couldn't completely break up with Wu Mingxuan, he could only endure the silence of the mute loss for a while. However, he swears secretly that once the old woman is elected, this arrogant godfather Wu will definitely pay a heavy price!
After discovering that the screening of "Hong Kong Jiǒng" is getting lower and lower, and the screening venue is getting more and more unpopular, Xu Baldy, the director and starring investor, was completely unable to sit still, and directly came to Huayi and Bona's theater managers, wanting them to explain to themselves.
Looking at the two big shots in the circle who didn't care and didn't take themselves seriously, Xu Bald Head argued: No, we signed a contract before, how could we lessen the screening at once, and how can we play the movie like this?
Huayi's theater manager Ye Ning and Bona's theater manager Yuan Kang looked at each other, smiled at each other, and replied to Xu Bald Head in a coexistence: Although Wanda has withdrawn for some reasons, the box office betting agreements we signed between us are valid.
But please pay attention to several additional terms. In the case of serious decline in attendance due to the problems of the starring actor and the creative team themselves, our theater company has the right to make adjustments.
Now you have seen the attendance rate of "Hong Kong Jiǒng". Wanda has been paintings, but we haven't painted them. Even because of Wanda's paintings, we have been showing them. The audience should be concentrated in our cinemas, and the attendance rate should be higher than before.
But what is the result?
You have also seen it all, and the attendance rate is just like that. Not to mention being boycotted, many viewers who have watched it have a low evaluation. The reputation of this movie is not good at all. Many viewers are even disgusted after watching it. Many viewers who have never watched it don’t want to watch it at all after watching the reviews. There is a heavyweight movie about to be released soon. Isn’t it normal to adjust the schedule of the film?
And isn't it lower than the minimum screening volume?
There is indeed no screening volume below the minimum 20% agreed on the screening contract, but the number of shows is really a scam. There is only one prime time between 19:00 and 22:00 pm, and the rest are all these garbage time periods during the day and morning. They are purely Make up the numbers, and want to continue to fulfill the contract and earn their box office bets.
"Hong Kong Jiǒng" is a positioned as an adult office worker over 25 years old. Many of these people can only have time at night. After such adjustments, the average attendance rate is naturally getting worse and worse. Now the most troubling is the young student audience. It is not right that they don't like it. Isn't this obviously using additional terms to gradually reduce emissions?
After all, the box office guarantee is the money you have already obtained. As long as you can reasonably make use of the additional terms of the loopholes in the contract, the money will definitely be obtained.
Then, more screenings were moved out to the new movies, and earn headwinds with more audiences (the derivative consumption around popcorn drinks). After a while, there were tens of millions of dollars every day, so why not do it? Anyway, Wanda and Alibaba Pictures dare not offend them now, and none of them took Xu Bald Head seriously, so that's it.
In other words, the box office bet of 2 billion yuan is basically impossible. Director Xu Baldy, as well as Alibaba Pictures Wanda Pictures, has become the biggest loser. Although Xu Baldy's losses in terms of betting are limited, in other aspects, he has suffered too much loss.
The money loss is not the most serious. The most serious thing is that he lost too badly this time, and his abilities in all aspects will be questioned. At the same time, he offended many people. It is too difficult to direct and attract capital support at a high premium. It almost ruined his originally extremely glorious directorial career, and even his acting career has become precarious, and he is almost directly defeated.