Wanda 50 billion to build the film industry Park Jianlin response to the capital chain query

Source: Internet
Author: User
Keywords Investment Wanda cultural industry
"For the sake of cash flow, we give up the idea of creating a single film and television base, and combine all the departments to create the development of tourism." With the film festival as the background of business and tourism development, but also become the entire film culture industry development of financial support. "Financial profit, current savings rate 1000% Leonardo DiCaprio, Nicole Kidman, Catherine Zeta-Jones, Christopher Valze, Kate Beckinsale, Ivan Mcgerregg, Zhang Ziyi, Jet Li, Tony Leung, Donnie Yen, Zhao Wei, huangxiaoming ... The stars gather in the island city.   September 22, Dalian Wanda Group announced that the total investment of more than 50 billion yuan in the world's largest film and television industry project-"Qingdao Oriental Shadow are" officially launched, these stars are invited to come to the island City as a witness of the guests.   CIC Consultant Culture industry researcher Zailing that Wanda is now exerting its cultural industry to avoid a commercial real estate in the Red Sea and seek a better way to make a profit. The layout of cultural industry data shows that the project covers an area of 3.76 million square meters, the total construction area of 5.4 million square meters, with film and television industry Park, exhibition center, car Show, Wanda City, hotel Group, Yacht Center, International Hospital, Bar Street eight functional areas.   The project is scheduled to open in June 2016 and the June 2017 film and television industry project will be opened. Wanda Group in the show its consistent "deep pockets" style at the same time, but also without disguise to pursue the "international fan Son."   It is reported that the United States Academy of Oscar, CAA, WME, UTA, ICM World four artists brokerage company, the Chinese Film Association has signed an agreement with Wanda, will jointly support Wanda Group, beginning in 2016, each year in September to hold the Qingdao International Film Festival, the current International Film Festival is the state departments for approval. Jianlin, Chairman of Wanda Group, said at the launching ceremony yesterday that the project would build the world's largest film and television base and Holiday city. "As a result of the collection of the world's top resources, Wanda has the confidence and ability to strive for 3-5 years to make the Qingdao International Film Festival as the world's leading international film festival, to change China's lack of film culture world brand situation." "In the past two years, Wanda Group has been accelerating the distribution of investment in overseas cultural industries, and has also laid out two total investments of about 1 billion pounds in the UK after the acquisition of AMC Cinema in the United States." "In the short term, Wanda's overseas investment strategy will not change." Wanda will select 8 to 10 cities in Europe and America to invest in Super five-star hotels.   However, Jianlin pointed out that the core of the recent Wanda development is in China, and will not put the main investment effort abroad.   In Zailing's view, in the face of gradually saturated commercial real estate, the transformation of cultural Property Wanda has undoubtedly gone a very sensible step, "cultural industry in China's position gradually rise."   Response to the question of capital chain it is worth mentioning that Wanda Group in the cultural industry investment layout is not all cheers. Up to 50 billion dollars for the castCapital, how to guarantee the investment income? An unnamed market personage pointed out that Wanda's investment every tens of billions of times, for the company's capital chain will produce some pressure.   Zailing also expressed a similar view, the cultural industry investment risk is indeed relatively large. For these questions, Jianlin foreign frankly, Qingdao Oriental shadow all projects before and after planning up to 4 years, the original plan is to invest in the construction of film and television base, similar to Hengdian model. However, "for the sake of cash flow, we have given up the idea of creating a single film and television base, and we have combined all the departments to create the development of tourism." With the film festival as the background of business and tourism development, but also become the entire film culture industry development of financial support.   "According to Jianlin, in recent years, cultural tourism real estate projects are not bad, because Wanda in the theme of cultural tourism projects, there are other residential projects, with the industry concept, these homes are usually faster sales, the money is completely no problem." It won't slow down. In the industry, Wanda entered the cultural industry, is following the progress of the Times and social development.   At the same time, the combination of cultural industry and Enterprise Development "Wanda Mode" also has a certain spirit of innovation. Shijiazhuang Wanda Plaza Investment Co., Ltd., general manager of the media said, "Wanda Development of Cultural property is standing on a larger platform, so that more resources to integrate in, from a more comprehensive business development perspective, to create a new business model for the future." "For the industry to question the" fast running, rapid expansion "of the development model, Jianlin said, this is Wanda's core competitive advantage, is Wanda's core business model.   He hopes that next year Wanda will become the world's largest real estate company and hopes to become one of the largest cultural industry groups in the next few years. Jianlin is full of confidence in Wanda's future, "Wanda is now developing at a normal pace, unless I retire, Wanda's development will not slow down." ”
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