"Mr. Lin Qi... is there anything you need us to explain?"
Little Fox, who was chairing the meeting, considerately asked Lin Qi. After receiving a negative answer from him, he moved on to the next item.
By a little after six in the evening, everything had been settled.
Fox Film would provide approximately one hundred million in funding to build Fox Film City.
Once completed, it would normally serve as a scenic attraction where tourists could pay to visit. If anyone wanted to shoot a major production there, they could also rent the city.
They would accept either rental fees or a share of the box office! In an era when film special effects were still underdeveloped, location shooting was practically the most important part of every film.
Choosing the right scenery could save a great deal of trouble. Why were studio films so popular now?
Wasn't it because people had difficulty finding suitable locations?
Many films were becoming more "detail-oriented." Instead of shooting grand scenes, they tried to film as many close-ups as possible, saving costs while avoiding problems with composition that could not be reconciled.
In short, all the shareholders were extremely satisfied with the financing. Before the meeting had even ended, the information had already leaked out.
Some evaluation agencies in Bu Peien gave Fox Film a red "recommend increasing holdings" rating...
Just as Lin Qi had predicted before the meeting, his stake had been diluted to twelve percent, below fifteen percent.
If the amount of incoming capital had not been insufficient, they might even have planned to dilute his equity to below ten percent.
Lin Qi was not angry about it. These were all normal capital tactics and operations. Besides, he was also one of the beneficiaries of this financing and the subsequent rise in the