Only after being reborn did I realize how fascinating the world of the rich is.

Chapter 440 The Development Direction of the Mainland Film Market

The main reason Li Xiaofeng wanted to sell his shares in the Qin Group to the Puyu Group was to divert the power of the Puyu Group and reduce the pressure on the Li Group.

Currently, the main areas of competition between Li's Group and Puyu Group are Dingdian Media and Meiyi Media, as well as Wanzhong Media and Gage Media.

In both of these locations, Puyu Group is a core force.

Li's Group's Dingdian Media currently focuses on self-produced films, TV dramas, and variety shows, rather than competing with Meiyi Media in the short term.

As for Wanzhong Media, the Li Group's shareholding ratio has now dropped to 25%, and Puyu Group may launch a surprise attack at any time to take control of Wanzhong Media.

Now, while developing Lego.com, the Li Group has also acquired Feiyu Drone Company, founded by Jiang Xueying. At this time, they should try to buy themselves as much time as possible.

If Puyu Group can clash with the Qin family, it will definitely be advantageous to the Li Group from a strategic perspective.

As for what losses the Qin family might suffer? What does the Qin family have to do with me?

This is just a normal transaction, and it's clearly an investment to cash out. Why didn't you come and talk to me sooner? Did you expect me to come to you begging?

Soon, the Li Group sold its shares in the Qin Group to the Puyu Group, receiving 3.5 billion yuan. Of this 3.5 billion yuan, 1 billion yuan was the principal after tax was paid, and the remaining 2.5 billion yuan was subject to corporate income tax.

After paying corporate income tax, less than 3 billion yuan remained out of the original 3.5 billion yuan.

In addition, of the 65 billion yuan that the Li Group previously cashed out from Wanzhong Media, 60 billion yuan was used to repay bank loans, leaving 5 million yuan remaining.

Of the 500 million yuan, Li Xiaofeng gave 300 million yuan to Jiang Xueying as funds to purchase company shares from her. The remaining funds were used to invest partly in Lei Jun's rice company and the rest to make up the 3 billion yuan.

This 3 billion yuan is the development investment fund of the Li Group this year.

Li Xiaofeng calculated that 500 million yuan would be invested in Feiyu UAVs, 1 billion yuan in Lego.com, 1 billion yuan would be invested in Dingdian Media, and the remaining 500 million yuan would be used as a reserve fund to cover monthly payments and bank loan interest.

At this time, with the channels for real estate speculation being forcibly closed by purchase restrictions, a large amount of capital began to flow into the film and entertainment industry, and the salaries of artists and the production costs of film and television dramas also rose accordingly.

In addition, Li Xiaofeng plans to venture into the film industry this year, so he will continue to increase his investment in Dingdian Media.

After leaving the Le Group, Le Mengyao took some time to rest and then decided to start her own business, opening a film and television company. Originally, Li Xiaofeng also planned to invest some funds, hoping to gain some experience in film shooting.

However, he had some disagreements with Le Mengyao regarding the lead role and the subject matter.

“Your mainland actors have far less experience in filming than those from Hong Kong. I think it’s the right thing to do to use experienced actors from Hong Kong!” Le Mengyao argued confidently.

Li Xiaofeng frowned and said, "You're right, but the lead actors you chose are indeed very mature in terms of acting skills and filming experience. However, their salaries are too high. If you're not careful, you might lose everything."

Another point is that the film styles in Hong Kong and mainland China are different. Although many Hong Kong films are popular with mainland audiences, since our main market is the mainland, we should cater to the mainland's style.

Currently, the most popular films in the mainland market are comedy-themed Lunar New Year films; action films are declining, and even if they still have a market, they are unlikely to see significant breakthroughs.

"I remember you once said that as long as the movies I make don't lose money and can recoup their box office revenue, that's fine, right?" Le Mengyao pouted, somewhat dissatisfied.

Li Xiaofeng said irritably, "That's the bottom line for you. You can't go in a direction that will bankrupt me. No matter what business you do, you should go with the flow."

Haven't you realized the current state of the film market yet? The glory days of Hong Kong action films are unlikely to continue.

If comedies are difficult to make, we can actually make some low-budget romance films. The film industry's guaranteed audience is young couples; making movies they like can still generate some box office revenue.

Why are couples considered the film industry's guaranteed audience?

"You don't understand. In mainland China, unless you're a wealthy and leisurely upper-middle-class person, ordinary people either watch movies on TV or online. Single people are rarely willing to spend tens of yuan to go to the cinema."

Only couples who need a romantic atmosphere are willing to go to the cinema, and as long as the plot is similar, they won't be too picky, because they are more concerned about whether to go to a hotel after watching the movie.

Therefore, having actors like Yang Bing, who possess acting skills, good looks, and popularity, boost the box office and portray the luxurious urban life of the middle class and the wealthy will definitely attract many young viewers.

Li Xiaofeng's film concept is modeled after Guo Degang's "A Certain Era". Although the film was criticized by many people after its release, it was undeniably very successful at the box office, which led to the production of several sequels.

In this life, Li Xiaofeng is already a rich man, and Fang Huiya is also a rich man. The description of the lives of rich people by rich people can definitely bring a strong sense of identification to others.

Le Mengyao asked with some skepticism, "Do people really watch this kind of movie? It feels like a soap opera in the movies, it's not very informative!"

Li Xiaofeng said with a smile, "Your TVB soap operas in Hong Kong also have plenty of viewers. Urban life is always one of the topics that people enjoy talking about."

As for nutrition and such, that idea is a bit ridiculous. Do you want to educate others with your movie? That's not something we should be thinking about.

As film industry professionals, our primary concern should be meeting the entertainment needs of the general public, allowing them to comfortably and enjoyably spend a relaxing and pleasant time.

If ordinary people can gain some life lessons while being entertained, then the benefits they get from buying a movie ticket far exceed the price of the ticket.

"If you want to make it, you can make it yourself. I think we should be more conservative and make a more mature action film. At least that can guarantee some box office revenue, and even if we lose money, we won't lose too much." Le Mengyao was very dismissive of Li Xiaofeng's suggestion.

Li Xiaofeng shook his head helplessly and said, "Alright then, let's each make one and see how it goes, check out our box office and profit figures, and see who has a better market share, okay?"

"A word is settled!"

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