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Ma Yunteng sat in the middle of the conference table, looked at the company executives who had come from Jiangnan City, nodded with satisfaction and said, "Very good, everyone has worked hard. I'll have President Zhao give everyone red envelopes later!"
Ma Yunteng paused for a moment and then continued, "I've called everyone here today because I have something quite important to announce. As you all know, our Calorie Group is growing stronger every day, but the areas it covers are still too few! For a company to grow big and strong, it not only needs to have a strong dominance in a certain area, but it also needs to take care of other areas! We don't need to pursue balanced development, but we do need to have some reach! Therefore, I announce that starting today, our Calorie Group is officially entering the entertainment industry! So, what should our first goal be? Everyone can share their thoughts!"
"Acquire a live streaming platform!"
"Acquire Stellar Entertainment!"
"Acquire Shanda Entertainment!"
Upon hearing Ma Yunteng's announcement of his intention to enter the entertainment industry, various business owners were very excited and offered their advice.
"Okay!" Ma Yunteng gestured to the crowd, glanced at them, and continued, "Our first goal is to establish Yida Film Group and build a pan-entertainment empire!"
Yida Film Group?
Although Ma Yunteng hadn't explained in detail yet, everyone could already feel the imposing force behind those words. Was he clearly challenging Principal Chen's Qianda Cinemas?
"First, establish Yida Multifunctional Cinema!" Ma Yunteng said slowly.
"What do you mean by a multi-functional cinema?" Zhao Peng asked, puzzled. Some other executives also looked at Ma Yunteng with confusion.
"Okay, listen up! Our Yida Cinema isn't a traditional movie theater! Our cinema will emphasize multiple functions! We'll be categorizing our target customers!"
For couples, we have specially set up a couples' theater with many deluxe beds, so they can show their affection for each other!
For single people, we've specially set up a "Single Dog Theater" so that single people no longer have to worry about being seen showing off their love!
For foodies, we've specially set up a gourmet cinema so they can enjoy hot pot and barbecue while watching movies!
For those who enjoy sauna, we've set up a sauna-movie theater so customers can watch movies while enjoying a sauna!
For smokers, we'll set up a designated smoking area so they can smoke with peace of mind without the distress of not being able to!
For alcoholics, we'll set up "Alcoholic Cinemas," let them drink to their heart's content, and then sell them hangover cures after they're drunk!
...
Thank you for the 599 book coins reward from Li Ge.
(End of this chapter)
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Chapter 224 Basic Concept [1st Update]
The Calorie executives present fell silent upon hearing Ma Yunteng's voice, their minds seemingly short-circuited.
The movie theater that Ma Yunteng described is no longer a movie theater; it's practically an all-powerful one! If a movie theater like this were actually built, all movie theaters in China would definitely go out of business.
After all, cinemas are generally just places for people to watch movies, but the kind of cinema that Ma Yunteng is talking about is no longer a cinema, but has become a restaurant, bar, hotel, and so on.
“Boss, this is very difficult to do. There isn’t a single cinema like this in the whole country, so we have to build it ourselves. But the cost will definitely be astronomical. The cinema you mentioned has become a comprehensive entertainment venue, so we have to take into account all aspects. For example, there are smoking areas. Smoking will create a fire hazard, which places high demands on fire safety.” He stood up and said with a blank expression.
Everyone nodded in approval upon hearing this.
Indeed, many points in Ma Yunteng's vision are unrealistic, especially the last one: the "drunkard cinema." One can imagine that if a drunkard got drunk in such a cinema, wouldn't he smash up the theater?
Upon hearing this, Ma Yunteng smiled mysteriously and looked at everyone, saying:
"Remember this, we Calorie people are never afraid of problems. If there's a problem, just solve it specifically, right?"
Seeing that everyone was still confused, Ma Yunteng continued, "The kind of multi-functional cinema I'm talking about definitely doesn't exist anywhere else in the country, so we'll have to build it ourselves. It will certainly be difficult to build, but we have money! Mr. Zhao, you can post the tender notice online later. Any construction team that participates in the construction of our Yida Cinema will receive five times the construction fee! I don't believe that no one will take on our project when faced with such high labor costs!"
Five times the cost!
The executives were speechless for a moment, scratching their heads.
This really left them speechless. Five times the fee, what else is there to say? Which company wouldn't want to take on a project like this?
These high-level executives finally understood why Jack Ma was always so confident. It all boils down to two words: money!
With money, what problem can't be solved?
"Boss, how many of these cinemas should we build?" another company executive asked, standing up.
“Yes, cinemas like these must be very expensive. We should only build two or three; we can’t build more,” said a senior executive in the finance department.
"Mm!" Ma Yunteng laughed heartily, "We won't build many! We'll build one wherever there's a Calorie Internet Cafe!"
As the words fell, all the senior executives sighed in dismay once again.
As we all know, Calorie Internet Cafes are now found all over the country. It can be seen not only in second- and third-tier cities, but also in some slightly more developed counties!
If cinemas were to be built around the Calorie Internet Cafe network, the scale of cinemas could reach at least tens of thousands! That level of density would be unmatched even by Qianda Cinemas and all other cinemas combined!
"Boss, this is too much... Our Calorie Group has just gotten on track and we need to spend money in many areas. If we use all the funds to build Yida Cinemas and lose money, the consequences will be unimaginable!" Zhao Peng said worriedly. He originally thought that Ma Yunteng wanted to build cinemas just for fun, but now it seems that this is a big undertaking.
"Yes, boss, building a cinema of this scale will probably cost at least several hundred billion, which will inevitably drain our Calorie Company's finances. If we can't make a profit, the entire company's cash flow will break down, and we'll regret it then!" The senior executive of the finance department gave his advice from a financial perspective.
He was in charge of the entire Calorie Company's finances, and he was very clear that the company had about 500 billion yuan in cash on hand. If all of it were used to build Yida Cinemas, then internet cafes, mobile phones, and TR (presumably referring to a specific business or service) would be significantly affected.
"Well, how much working capital does our company have right now?" Ma Yunteng asked.
"Around 500 billion," the finance executive stated truthfully.
"Alright, let's take out 100 billion first. I'll figure out the rest. It shouldn't be too difficult!" Ma Yunteng smiled slightly. Last time, the system gave him a 1 trillion task. He remembered that after building his hometown, he should still have 500 billion left to spend. Moreover, the time for the 1 trillion target task was almost up, and he was worried about how to spend the remaining 500 billion.