Chapter 989 Official Bankruptcy(2/2)
Diversified development is not something everyone can afford.
The most critical point is that after the bankruptcy crisis of China Film Group was exposed, other giants had already made a tacit understanding, that is, they would not extend their hands and wait until after bankruptcy.
Because all the giants know that the current China Film Group is a huge pit, and absolutely no one else dares to jump in.
Capital forces from the outside also don’t know the ins and outs of the film industry, and they dare not come in for a while.
Other film companies that have ideas about China Film Group do not have the strength to take over the huge and highly toxic mess that China Film Group is.
In this case, it would be better to wait until the China Film Group officially goes bankrupt and let everyone compete fairly and get what they want at the lowest cost.
The most valuable thing about China Film Group is naturally the huge copyright library it has accumulated over the past century.
It has long been regarded as a treasure by various giants.
Thinking of this, Wen Jingtao smiled leisurely, and the feast was about to begin.
Zhonghuang Entertainment.
Bai Chongshi was watching the live broadcast on the TV, with the same expressionless look on his face, and it was impossible to tell what he was thinking.
For two consecutive years, the giant Zhonghuang Entertainment failed one after another at the same film company, which made Bai Chongshi feel extremely embarrassed.
At several private gatherings, he was ridiculed by some old friends, which made him lose face.
Especially last year, a so-called 3D blockbuster produced by the other party swept the global film market and broke the global box office record. While it shocked him, he felt a chill deep in his heart.
The other party grew up too fast.
It has exceeded his imagination, and now it is not the case that Zhonghuang Entertainment can suppress it even if it says it can suppress it.
Through theatrical distribution, media and television promotion, and film company production, in just three years, that young man has established a complete film industry line.
From the filming and production of a movie to its distribution and release, we are completely in our own hands without any threats, and we avoid high-profile crises to the greatest extent.
He was just like a hedgehog, so Bai Chongshi had nowhere to start. Even if he had the power to reach the sky, there would be nothing he could do.
Besides, that guy has been favored by high-level officials one after another, and now I heard that he is cooperating with the military. Even if he wants to use some of the backstage power of Zhonghuang Entertainment, he is still afraid of using some of the backstage power of Zhonghuang Entertainment. He dare not take out some shameful actions.
This also became Bai Chongshi's worry for a year.
With the bankruptcy of China Film Group, although Bai Chongshi had a tacit understanding with other giants, he did not want to get involved in the most competitive copyright library.
Because the box office of several movies in the past two years did not meet expectations, the company's cash flow was a bit tight. Although he could find ways to raise it, he gave up the idea after thinking about it.
His current thoughts are still focused on his own film company.
Chapter completed!