Recently, the news that Chen Jianbin, Jiang Qinqin, Xu Qing and other star shareholding companies have been enforced has aroused widespread concern among netizens.
According to the China Enforcement Information Disclosure Network, on December 16, Jiabo Cultural Development Co., Ltd. and Holgus Jiabo Film and Television Investment Co., Ltd. added a new piece of information on the executors, with an enforcement target of more than 39.8 million yuan, and the enforcement court was the Chaoyang District People's Court of Beijing.
Combing through the case process, it was found that the current new enforcement information of Jiabo Culture was related to a contract dispute.
According to Tianyan, because of the contract dispute, Shandong Film and Television Production Co., Ltd., as the plaintiff, sued Jiabo Culture and its wholly-owned subsidiary Jiabo Film and Television, and the case began in March 2021, and in April 2021, the court announced that the first instance trial had been concluded.
01
It is suspected that it is caused by the cooperation with Mountain Shadow spy drama "Deep Sea"
The plaintiff, Shandong Film and Television Production Co., Ltd., also known in the industry as Shanying Productions, is currently one of the top film and television production institutions in China, one of the earliest TV drama production units in China, a holding subsidiary of Shandong Film and Television Media Group, and the producer and founder of the famous cultural brand "Lu Opera" in Shandong Province.
Beginning with a TV series "The People's Commission", Shanying has successively created "Breaking into the Guandong", "Battle Changsha", "No War in Peiping", "Parental Love", "Langya List", "Pretender", "Ode to Joy" and other fine works in the past 40 years.
On the other hand, Jiabo Culture is also a well-known film and television company in the industry. According to public information, Jiabo Culture has produced movies such as "Little Times 3", "Little Times 4", "To Youth, It Turns Out You Are Still Here", "Summer Has Arbor Yawang Paradise", "A Spoon", "The Eleventh Time" and so on.
Among them, the director of "A Spoon" and "The Eleventh Time" is Chen Jianbin, and Chen Jianbin is also one of the shareholders of Jiabo Culture.
Tianyan inspection shows that Chen Jianbin holds 1% of the shares of Jiabo Culture, with a subscribed fund of 1 million yuan, in addition, the star shareholders of Jiabo Culture also include Xu Qing, Jiang Qinqin, and Wang Xuebing. Among them, Xu Qing subscribed to the capital contribution of 2 million yuan, holding 2% of the shares; Jiang Qinqin subscribed to the capital contribution of 500,000 yuan, holding 0.5%; Wang Xuebing subscribed to the capital contribution of 500,000 yuan, holding 0.5%.
Film and television companies bind stars, and one of the purposes is naturally to bind their works. Xu Qing, Chen Jianbin, Jiang Qinqin and other stars were transferred to Jiabo Culture in March 2016.
3 months later, during the Shanghai Film Festival, Jiabo Culture released a list of ten new films. Among them, "Bright Sword" and "Blood Romance" will be adapted into movies. "Bright Sword" is directed by the famous director Kang Honglei, and "Blood Romance" is "the first directing tube" by Xu Qing. Actors such as Chen Jianbin and Wang Xuebing also appeared in the ranks of co-directors.
Now more than 5 years have passed, except for a few films such as "A Spoon" and "The Eleventh Time", most of which have been "missing". Wang Xuebing was even banned for unforgivable crimes.
Having said that, is the contract dispute between Shanying Productions and Jiabo Culture arising from the works of cooperation?
The China Enforcement Information Disclosure Network did not disclose the cause of the dispute, and looking at the masterpieces of the two companies, the names of the two companies did not appear in one work at the same time.
However, looking for the inventory of the projects produced by Mountain Shadow, I still found clues.
Maoyan Professional Edition shows that Shanying's future projects include TV series with a sense of the times such as "Ice Dance Youth", "Spring And Autumn Reality", "Peace and War", "Old Worker", "Deep Sea" and so on.
Among them, Mountain Shadow Productions and Jiabo Culture are suspected of having a cooperative relationship over "The Deep Sea", a TV series that has been backlogged for many years and has not been broadcast.
According to the information provided by Baidu, "Deep Sea" is a modern spy drama starring Liu Kaiwei and Li Fei'er, starring Cao Bingkun, Zhang Bowen and Peng Guanying, and the production company is Xi'an Jiabo.
Looking at the record-filing publicity form of the drama in the State Administration of Radio, Film and Television, it is learned that the filing time of "Deep Sea" is February 2018, the shooting period is 9 years in 2017, and the production cycle is 7 months, and the change record shows that the production agency of the drama has changed from the earliest Xi'an Jiabo to Shanying Production.
It is speculated that the contract dispute between Shanying Productions and Jiabo Culture may have been caused by the shooting of "Deep Sea", of course, the specific reasons for this are only known by Shanying Productions or Jiabo Culture.
It is also worth mentioning that according to the "Civil Ruling on Contract Disputes between Holgus Jiabo Film and Television Investment Co., Ltd. and Jiabo Cultural Development Co., Ltd." released by the China Judgment Document Network in December 2020, Jiabo Film and Television, as an appellant, appealed to the court against the (2020) Jing 0105 Minchu No. 78432 civil ruling made by the Chaoyang District People's Court of Beijing Municipality due to the dispute with the appellee Shandong Film and Television Production Co., Ltd. and the defendant Jiabo Culture In the case of the contract dispute with the appellee Shandong Film and Television Production Co., Ltd. and the defendant Jiabo Culture.
The facts and reasons given by Jiabo Film and Television are that the company's registered place is in Khorgos City, so the case should be tried by the Khorgos Municipal People's Court. However, the court held that the parties in this case agreed and explicitly agreed that the place where the agreement was signed was Chaoyang District, Beijing, and jiabo Film's appeal application was ultimately rejected.
According to Tianyancha's own risk information, Jiabo Culture currently faces a total of 17 of its own risks, mostly contract disputes with other companies.
02
Capital dreams shattered "stagnant"
With the participation of many celebrities, they have fallen into many lawsuits, which once again reminds the public of the "suspension of high-premium acquisitions and the obstruction of star capital cash-out" many years ago.
In November 2016, the listed company Oriental Network announced that it would acquire the equity of three companies, including Jiabo Culture, Huahua Culture and Yuanchun Media, with a total purchase price of 3.536 billion yuan by combining the issuance of shares and the payment of cash.
Among them, the purchase price of Jiabo Culture is as high as 1.629 billion yuan. At the same time, the counterparty also signed a high-value business bet, promising a profit commitment of 1.017 billion yuan in three years. Among them, from 2016 to 2018, Jiabo Culture promised to achieve a net profit of not less than 120 million yuan, 150 million yuan and 195 million yuan respectively.
At that time, it was less than 1 year before Xu Qing and other stars took a stake in Jiabo Culture, according to the acquisition plan, if the transaction was concluded, Xu Qing would receive 31.2557 million yuan in cash; Chen Jianbin would receive 10.098 million yuan of share payment consideration and 6.2511 million yuan in cash; Jiang Qinqin would receive 5.049 million yuan of share payment consideration and 3.1256 million yuan in cash.
However, in April 2017, Oriental Network announced that it decided to abandon the acquisition of Jiabo Culture, and the above-mentioned star gold dream was finally shattered.
According to media reports at the time, Oriental Network was once questioned by the Shenzhen Stock Exchange for the high premium of three targets. Behind the high premium, the "abandoned" target Jiabo culture has been questioned to have the suspicion of Xu Qing, Chen Jianbin and other stars suddenly entering the stock to cash out.
Around 2016, huge film and television mergers and acquisitions were prevalent in the industry, but most of them failed to achieve their wishes. Expert analysis, from the perspective of film and television companies themselves, financing is too fast, valuation is inflated, the bubble is large, and in the case of a poor environment, the transformation of film and television through mergers and acquisitions of film and television companies cannot achieve the effect of "1 + 1 is greater than 2". Betting too high will cause stakeholder conflicts to intensify, which in turn will put the project on hold.
After Jiabo culture did not have a chance to feast on capital, it seemed to be much quieter. For more than 5 years, Jiabo Culture has only co-produced "Jingcheng 81 No. 2" and mainly voted for Chen Jianbin's "Eleventh Time", but the latter has a box office of less than 80 million yuan. Tv dramas also have only a few works such as "More and More Vitality" with mediocre results.
Jiabo Culture once again entered the public eye, and it was this time as the executor, it was enforced 39.8 million yuan, which could not help but make people sigh.
Author/Hunan pig blood pills
Responsible editor/ Ru Qian
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