Weird, after receiving the investment invitation from Xiaoma Pentium, Zeng Jia and the other two all agreed that it was related to their chance encounter with Xie Jingxing in Nanchang half a month ago.

It is reasonable to speculate that he learned from his friend at the Chinese Culture Foundation that Jiaxing Media was seeking financing, and he suddenly decided to intercept it halfway.

The reason why Zeng Jia went straight to the point and tested the conflict between Pony.com and LeTV as soon as they met today was based on this judgment, and he believed that he was favored and had the initiative.

But Song Anli's attitude in response was that she explained the inside story enthusiastically and frankly, and said that she didn't take it seriously and turned around and left them in the middle of the conversation.

"Mi Mi is busy filming and may not be familiar with the recent investment trends in the industry. Mr. Zeng and Mr. Li, one of you is responsible for corporate development and the other has a financial background. You should know that our performance betting plan is very valuable."

Zhong Lifang crossed her legs and introduced the details of the investment plan: "There is no time limit for performance realization. Your total net profit in the next three years should not be less than 3.2 million."

“It doesn’t matter if we can’t reach that target. We can design a repurchase valuation ladder based on the total net profit achieved.”

She leaned one arm on the armrest of the chair and tapped her fingers gently, her whole body relaxed to the extreme: "To put it bluntly, Pony.com is a little phoenix with a silver spoon in its mouth. Those street chickens who follow the trend of investment and bet against others have no capital to be compared with it."

Zhong Lifang boasted without any modesty, but Zeng Jia and his two friends didn't mind and even enjoyed it.

Currently, Huayi is discussing performance betting plans with Feng Xiaogang and Running Man, and Shangshi Pictures is discussing performance betting plans with Jiaxing. Most of the mainstream plans are to complete the betting once a year.

The total net profit of 3.2 million yuan in three years can be split and cashed out, for example, 8000 million yuan in the first year, 1.1 million yuan in the second year, and 1.3 million yuan in the third year.

No matter how much you can earn in the next two years, if it is less than 80 million in the first year, there will be no future, and the investors will yell "Fuck you, return the money!"
It is obvious that the pressure of performance betting is always following them like a hanged ghost. From Jiaxing's standpoint, they can only try their best to squeeze Yang Mi dry.

No one cares about killing the goose that lays the golden eggs, making bad movies, or hyping up the industry. They just do whatever it takes to make money. This is the current state of the industry.

Therefore, the betting agreement offered by Xiaoma Pentium is particularly impressive. It does not consider the process but the efficacy within three years, giving Jiaxing a lot of autonomy.

In particular, we are willing to set up valuation steps for share repurchases after the performance bet fails.

There is no need to negotiate the price in the conventional mainstream. You just need to return the money I invested in you without any loss, and you have to pay an annualized interest of 15%.

"If Jiaxing's total net profit in the next three years exceeds 2.7 million, you can repurchase shares at a valuation of 12 billion; if it exceeds 2.4 million, you can repurchase shares at a valuation of 14.25 billion."

Zhong Lifang paused for a moment and continued, "If it's less than 2.4 million, we have to buy it back at the original price. Of course, I don't think it will be that bad."

"We at Pentium are still very confident in our vision. Even if the bet fails, we can consider not triggering the repurchase clause, or only repurchasing part of it, depending on the circumstances." She smiled gently and spoke softly.

The repurchase clause in case of a failed bet was actually used to create a performance incentive effect.

It’s like an understanding older sister, comforting a little kid who fell down on the 100-meter track and is covered in mud: It doesn’t matter if you can’t reach the finish line, as long as I see your efforts, there are still prizes and even a chance of first prize.

Yang Mi unconsciously touched her arm and got goose bumps. Her daughter was already one year old, so it was absolutely impossible for her to change her surname to Xie...

No wonder Mr. Song seemed to be indifferent and awkward. It turned out that the girl was just jealous and she was trying to figure out the key point.

"Sister Fang, no matter whether our business is successful or not, as long as you say this, you can always let me know if you need our Jiaxing services in the future. If Mi Mi doesn't agree, I will turn against her!"

"That's an exaggeration. Mi Mi's sentimental character is obvious to all. The fact that you two can work together shows that Jiaxing will not let things go wrong."

"We are confident about what you mentioned, but business is business. When it comes down to it, Mi Mi will definitely sign a few film contracts. Otherwise, we would be ungrateful if we tell others about it."

Yang Mi was just twirling her fingers around a strand of hair by her ear when she heard Zeng Jia and Zhong Lifang briefly change the subject to her film contract. Suddenly her mind went blank and she looked at Li Juan blankly.

The other person nodded slightly to indicate that she should just listen and not interrupt. She tried her best to keep up with the conversation and tried to understand what the two people were saying.

Zhong Lifang, however, was able to control her temper and said, "We'll see about the specific situation later on when it comes to film contracts. It's mainly based on Mi Mi's schedule, so there's no rush."

Li Juan glanced at Yang Mi who seemed to understand but not quite, and couldn't help feeling discouraged. Who can bear to be born with wealth and never have to worry?

If Zhong Lifang was really as affectionate as she appeared to be, why would she sign the bet? Capital is neither good nor evil, it just has different means and methods of obtaining profits.

The gambling conditions given by Shangshi Pictures include that artists under Jiaxing cannot terminate their contracts in the next three years, while Xiaoma Pentium went a step further and included a film contract with Yang Mi.

Suppose she signs a three-film contract with Xiaoma Pentium at a salary of 35 per episode, and is required to give priority to fulfilling the contract and joining the crew to film in the future, which is similar to the periodic indenture of a futures contract.

Ignoring the possibility that Yang Mi will become more and more popular five years later and maintaining her current momentum and following the rising market pay, it will not be a problem for her to earn at least 50% from these three film contracts.

In short, Shangshi Pictures is killing the goose that lays the golden eggs and squeezing them out in the short term, while Xiaoma Pentium has a long-term vision and gives maximum support to raise chickens to make them fat and white and make money by selling eggs.

So how many film contracts does Xiaoma Pentium want from Yang Mi?
Li Juan looked at Zhong Lifang for a moment, then turned her gaze towards the interior of the villa.

Rather than praising Pony.com as a little phoenix, it would be better to say that the young Mr. Song in the film was indeed born with a silver spoon in his mouth.

Orthodox and standard venture capital operation, money or not doesn’t matter, don’t raise the price to a low level, but seek long-term ownership and companionship in growth!

Nowadays, the mainstream market followers who invest with crude investment methods are not as good as her. She has a very good foundation. Vision, pattern and courage are secondary. Being able to bear the cost of trial and error is really enviable.

…………

“Is it hard to film a Republican drama?”

Inside the villa, in a semi-open quiet area for calligraphy and painting, Song Anli holds a pencil and carefully sketches the lines of a portrait on the drawing board.

Song Yi straightened her aching waist, crossed her legs and leaned sideways to maintain a dignified sitting posture: "I feel okay, I don't have many scenes, modern dramas are a bit easier. It depends on the crew. A good crew may be tiring but I feel relaxed."

"Do you want to act in Ode to Joy?" Song Anli curled her lips.

Song Yi's face turned slightly red. The copyright of the novel for this drama was bought by Kujiji Studio, and it was originally planned to be produced and controlled by Xiaoma Pentium this year.

As Noon Sunshine Film and Television Production Company, a subsidiary of Shanying Group, has released two hit dramas, "The Disguiser" and "Nirvana in Fire", in the past two months, Kujiji Studio has changed its mind and plans to cooperate with it.

Song Yi is a few years older than Concubine Pei. They debuted in the same TV series, but she was unlucky and only became slightly famous now after playing a supporting role in "The Pretender".

It's hard to say how much fame this drama will have after its popularity has passed. Since I'm close to it and know about the huge investment in IP adaptation and the strong combination of the drama's best production team, I naturally want to get one or two.

"Your face is a bit cat-like, lively and charming, and the modern drama costumes are too ugly."

Song Anli kept painting and said, "It is suitable for costume dramas, and the cheongsam is particularly beautiful. How about starring in a Republican drama? You can wear cheongsam as much as you want."

"Isn't this a bit too much?" Song Yi endured the embarrassment of being criticized in front of others.

Song Anli raised her eyebrows: "Which one is that? I have a private restaurant in the old villa area of ​​Shanghai. If you put on a cheongsam and stand at the door, you will definitely look very charming."

"..." Song Yi remained silent and pursed his lips anxiously.

The agency contract signed by Xiaoma Pentium and her is for five years, which includes 2+1 resources for her to play the leading role in three TV series with a production cost of no less than 1 million yuan. Two of them are guaranteed in the first three years, and the third will be triggered if the performance meets the requirements.

Other fashion, variety show, and business endorsement resources were targeted at popular second-tier female stars, and the original company paid tens of millions of yuan in termination fees on their behalf.

So she didn't want to hastily secure the resources for her first female lead role just because of Song Anli's personal aesthetics, but she was also afraid of being sent to work as a receptionist in a private restaurant.

"Since you have signed with Xiaoma Pentium, don't force yourself to use the resources of Kuji Studio. They are betting on Chen Duling." Song Anli put down her pen and raised her head lightly.

Even a clay man can get angry. No matter what Concubine Pei was like, she still tried to publicly identify herself as the official girlfriend for half a year in the early days.

She was often scolded by Zhou Fenglan and Yu Tong, as if she was a wronged young wife who could not bear all the bullying. But when compared with Yuan Jin, who was already obedient and sensible, the answer was obvious.

Even though they are in a bad state, they have their own ideas in mind. They won't remember the pain even if they are beaten a hundred times. Changing the cooperation project of "Ode to Joy" is just the beginning, and various small programs are bound to be indispensable in the future.

"I'm done." Song Anli waved her hand and said, "Come and take a look. Is it good?"

"Well, thank you."

Song Yi breathed a sigh of relief and moved closer. He couldn't tell whether it was good or bad, but he knew it was very realistic.

Song Anli deliberately asked jokingly: "Do you think Jiaxing will take our investment?"

"I think so?" Song Yi said something nice without thinking.

Song Anli couldn't help laughing. She stood up and walked to the window, looking outside through the thin curtains: "Actually, you don't have to be so cautious. After a while, you will find that people's hearts are always like this, and you are no exception."

Greed is insatiable. If she offers one dollar, Jiaxing will try to get two dollars.

The reason is that LeTV has banned Xie's entertainment assets. No matter how she promises that Jia Yueting's death is approaching and there is nothing to be afraid of, Yang Mi and her group of three will choose not to believe it.

Therefore, these three people were correct in speculating that her awkward attitude was correct. They first offered high-quality investment conditions to keep Jiaxing hanging, and when the LeTV kill was inevitable, the right to negotiate the price would naturally return to Xiaoma Pentium.

"Now Yang Mi thinks that giving up two or three film contracts is a fair deal. This investment will only be considered a success when she thinks signing five or six film contracts is a bargain." Song Anli folded her hands in front of her chest.

Cooperation is not perfect if we can't let our partners treat us as fools. Thinking of the truth Xie Jingxing taught her, she pursed her lips and smiled quietly.

Song Yi looked at the pretty face in front of him, which suddenly changed into an unpredictable expression of joy and anger, and he was inexplicably dazed.

Then he came to his senses and complained that he was really a lunatic and that everyone around Mr. Xie seemed to be abnormal.

"We play many roles when filming, and it's always difficult to face human nature. It's amazing that you can study it so thoroughly." She smiled and racked her brains to please him.

Song Anli frowned and corrected: "It's respect and awe."

"Anyway, I think you're amazing." Song Yi forced the conversation.

Song Anli was too lazy to explain and continued to think. She knew that Xie Jingxing wanted to take over LeTV, but she didn't know the details of the specific operation plan.

From the perspective of Pony.com and Nanke Holdings, LeTV Pictures is a piece of fat meat.

Jia Yueting's way of operating capital is very crude, including the listed LeTV system, and the unlisted systems of television, mobile phones, Internet finance, car manufacturing, and film industry.

Through financing from LeTV.com, it provided blood transfusions to its non-listed business system, burned money to produce impressive growth data, and obtained external financing from the primary market to increase its valuation.

As high-quality assets were injected into the listed system, LeTV's stock price rose and it raised funds from the secondary market, providing blood transfusions to the non-listed system to continue burning money, and it played out its peak market value of hundreds of billions with one step after another.

To sum it up simply, LeEco's various businesses have a large amount of external financing, which is completely connected by Jia Yueting's personal finances.

Once the system collapses, the connections between businesses will automatically be dismantled and dispersed, and the independence of debts and assets means that a single business can be taken care of separately.

LeTV is a lean camel that is bigger than a horse, and it will definitely be the main dish in the competition between Xiyou and Taihe.

This is not the case with LeTV Pictures. The 70 billion valuation they boasted about is far too exaggerated. On the contrary, it is definitely not worthless.

First, through equity interests, they bound production tools such as Zhang Yimou and Guo Jingming, and production materials such as Sun Honglei and Sun Li, and released the Tiny Times and Boonie Bears IP series of films.

Of course, there is also "The Crossing", a movie that lost so much money that Song Anli and Concubine Pei wanted to use a dump truck to send John Woo to see God. As the guaranteed distributor, LeTV Pictures will obviously only lose more.

Behind the appearance of losses and profits, the total box office of movies released by LeTV Pictures last year accounted for 10% of the market's total box office for the whole year.

Pony.com acquired it, and its theater distribution capabilities and market position were raised to the top three banners of the Qing Dynasty.

The super production "The Great Wall", a Sino-US co-production produced by LeTV and directed by Zhang Yimou, has been in production for nearly half a year; another star-studded super fantasy production directed by Guo Xiaosi and led by Fan Bingbing is also progressing in an orderly manner.

Song Anli can't help swallowing her saliva just thinking about it. Guo Xiaosi, who loves male homosexuality, made over 10 billion at the box office with his Little Times trilogy, and Zhang Yimou's reputation as a national master is guaranteed.

Those who plant trees will enjoy the shade. With two money-making tools in hand, LeTV Pictures can quickly turn losses into profits. It's simply great!

Jia Yueting, stop struggling and just die quickly to fulfill everyone's wishes.

"Mr. Song, it's time for dinner."

Song Yi saw the pretty face turn from happy to dark, revealing a fierce feeling, and asked for instructions in a panic, not knowing what was going on.

"I told you, don't be shy."

Song Anli interrupted her thoughts and restrained her posture. She took her hand and walked to the drawing board: "Come, sign your name. You will not suffer any loss if you behave yourself in Xiaoma Pentium in the future."

Song Yi wanted to say something, but when he looked at his own portrait on the drawing board, the words came to his lips but could not come out and fell away weakly. He clenched the pen and signed his name heavily, as if performing some kind of ritual.

"From now on, just focus on filming and don't worry about the mess in the circle." Song Anli picked up the drawing paper with satisfaction and examined it carefully.

"Oh, has the painter finished his work? This is a promotional poster for our company's artist. We'll put it on the company's website later."

As they were talking, Zhong Lifang led Zeng Jia and his group of three into the villa, and from a distance, she joked and explained.

You threw away hundreds of millions of dollars in investment projects and drew something like this?
Yang Mi picked up the conversation: "Mr. Song has a wide range of interests and hobbies, and he has elegant tastes."

"The painting is really good. If there is a chance, please ask Mr. Song to draw a picture for me." Zeng Jia supplemented.

Song Anli tilted her head and said, "Teacher Yang, if you are interested, you can come anytime, but you have to sign for me."

"This is too easy. I feel embarrassed. Otherwise, I will sign it for you now." Yang Mi grinned.

Song Yi blinked blankly with her bright big eyes, feeling absurd in her heart.

In July, when the stock market crashed and Xiyou entered the market to rescue the market, and Xie Jingxing messed around to relieve stress, she earned the most bonuses in various games.

He rejected Song Anli's invitation to change his agency contract to Kujiji Studio, and planned to use the money to manage his career after the supporting roles in a movie and a TV series he played this year were released.

Then, movies and TV shows were released one after another, casting directors were treated to fish banquets that cost tens of thousands of dollars per meal, and styling teams were hired to attend event parties at a cost of hundreds of thousands of dollars per meal.

When she found out that she was spending the tens of millions of cash she earned in a few days like water on a stream of money, she was only pursuing supporting roles with millions of dollars in pay...

What Song Anli said about human nature always being like this is the final verdict on her. Can Yang Mi not escape it?
"Jia Yueting, LeEco's stock price cannot fall any further. You must not die, you must live well!"

Li Juan watched Yang Mi and Song Anli talking to each other with cold eyes, and met Zeng Jia's eyes without showing any emotion.

Pony.com's investment in Jiaxing values ​​Yang Mi more as an individual. She is not a fool. Sooner or later she will come to her senses and realize her own value, and use this as a basis to demand her share in the internal distribution of interests in Jiaxing.

Therefore, in comparison, for Shangshi Pictures, which tends to value Jiaxing as a whole, the gambling terms do not seem so harsh.

Anyway, it is Yang Mi who is being squeezed dry, and the existing distribution of interests within Jiaxing will remain unchanged, so Zeng Jia and Li Juan do not need to lose or give up their interests.

They both made up their minds at the same time to go to Tanzhe Temple tomorrow to burn incense and pray for Jia Yueting, so that they could use LeTV as an excuse to coax Yang Mi into rejecting the investment from Xiaoma Pentium.

Human nature has always been like this, no one can escape it, including Song Anli herself...

(End of this chapter)