Chapter 62 Funding

Chapter 62 Funding
I returned to Beijing without stopping, and the final exams started the next day.

This year's New Year's Eve is a little later, and it will be celebrated on February 11th in the Gregorian calendar.

But fortunately, we were all in our third year, so we had fewer classes and the teachers didn’t make it too difficult, so we managed the exams easily.

After the final exams, everyone packed up and went home, but Liu Zhou had to go to Shanghai first to settle the money with the Oriental Theater.

As for the performance wages for this trip to Shanghai, Liu Zhou also plans to give them after the New Year and after school starts.

When Liu Zhou returned home, there were still two days before the Chinese New Year.

This time when he returned home, Liu Zhou did not plan to attend the classmates' reunion. He went to visit his teacher alone and then stayed at home with his family.

Time slowly came to New Year's Eve. Liu Zhou found that there were many more people who wanted to pay New Year's greetings this year, and he also received more New Year's greetings text messages.

After the New Year’s Eve dinner, Liu Zhou’s parents went out to play mahjong.

Liu Zhou's grandfather watched the Spring Festival Gala for a while and then went to bed. Old people usually rarely stay up late.

Liu Zhou was left alone, and he felt like he had nothing to do.

I wanted to talk to Li Zi on the phone for a long time, but she was called away by her mother before long, and I was left alone again.

There are no smartphones now, otherwise he would be able to watch Tik Tok until dawn.

Liu Zhou lay on the bed, thinking about what he had done in the past year.

It seems that I didn't do a lot. I just wrote a novel and staged a play.

He must have made a lot of money last year, but he was busy for some time and hadn't noticed how much money he has now.

However, the source of Liu Zhou's money is relatively simple, mainly the royalties from his novels and the money he earned from investing in dramas and movies.

Now that he had nothing to do, Liu Zhou couldn't help but calculate in his mind how much money he had.

First of all, regarding the royalties, Qu He also told me not long ago about the sales of his three novels as of the end of January 1999.

The sales of the first novel, Twinkle Twinkle Star, have reached 2.8 million copies since its publication in April of the previous year.

Liu Zhou is not sure whether the book has set a sales record for mainland novels, but this is not important. What Liu Zhou cares about is how much royalties he can get.

The publishing contract for this book has a royalty rate of 1.5%, which means that with a retail price of yuan per copy, Liu Zhou can get yuan for every copy sold.

Two million eight hundred thousand copies sold equals four million two hundred thousand.

The second edition of the novel "Want to See You" was published on New Year's Day last year. It has been exactly one year and one month since then, and a total of 2.4 million copies have been sold.

The royalties for this book are higher, reaching 2.5%, but the retail price remains unchanged. Liu Zhouze can earn yuan for each copy sold.

Sales of 2.4 million copies equals 6 million.

Finally, the third book, "Better Days," was published in August last year and has sold a total of 1.2 million copies by the end of January this year.

Liu Zhou's royalties for this book have reached the top level in the industry, 3.75%, which means he can get yuan for each copy sold.

Liu Zhou could get 4.5 million out of the 1.2 million volumes.

Liu Zhou published three books and received a total of 14.7 million yuan in royalties.

And this is just the royalties from mainland China publications, not including those from Hong Kong, Taiwan and overseas regions.

The first step was to cooperate with Wanwanliren Bookstore. Liu Zhou entrusted the publication of the three novels to them, and the royalties in the contract signed at that time were all 10%.

The scope of their publication and distribution includes Taiwan, Hong Kong and Southeast Asia, and all publications are in traditional Chinese.

According to the data they provided us, as of the end of January this year, the three books had sold a total of 1.2 million copies in those regions.

This data is actually quite good. After Jin Yong stopped writing and Gu Long passed away, no one's novel has sold over a million copies, not even the new martial arts author Huang Yi.

The retail price of books there is slightly higher than in the mainland, which is RMB 3.5, which means Liu Zhou can get yuan for each book. If million books are sold, it will be RMB million.

Then there were two countries, Japan and South Korea, and the royalty agreement was seven percent.

According to the sales feedback from there, the total sales of the three books are less than 250,000 copies, of which "Better Days" contributed nearly half of the sales.

The retail price of a book published there is 2.8 yuan in RMB, and Liu Zhou can get yuan for each book.

Two hundred and fifty thousand copies equals seven hundred thousand.

The sales volume in South Korea is even higher. Although they have fewer copies than Yiben, the competition in the literary market is much weaker than that in Yiben.

The sales volume of the three books reached 2.45 copies, and the retail price was about yuan. Liu Zhou could get yuan for each book.

Four hundred thousand copies equals nine hundred thousand.

Finally, there was the publisher in the United States, but they only published one book, "Better Days", and the royalties were also set at 7%.

Because Liu Zhou agreed to let them make some localized changes to the novel, the sales were pretty good, selling about 500,000 copies.

These 500,000 copies are not only for the United States, but also for the European market.

The retail price of the book converted into RMB reached 4.48 yuan, and Liu Zhou could get yuan.

Five hundred thousand copies equals 2.24 million.

Therefore, the total royalties from Hong Kong Wanwan and overseas publications amount to 8.04 million.

The total amount of royalties is 22.74 million.

This is the money Liu Zhou makes from writing novels.

On average, the annual royalties are more than 11 million, which is still a bit behind Han Han and Guo Xiaosi in later generations.

However, the market for youth literature was already very large at that time, far from what it is now.

But now he earns more than 10 million yuan a year, and Liu Zhou is very content. If there is a ranking list of writers' income, he will definitely be number one.

This is Liu Zhou's first bite of the cake of youth literature, and it is delicious and tasty.

Another part of the income comes from investing in movies and dramas.

I had calculated before investing in "Xiao Wu" that I would make 1.69 million.

Then came the drama, which was performed ten times in a row in Beijing and earned half a million yuan.

In the end, we performed ten shows in Shanghai, which was pure profit.

At that time, Liu Zhou thought that the ticket price of 120 yuan was considered high, but he found that he still did not understand the market situation in Shanghai.

The average ticket price at the Oriental Theater is as high as 150 yuan. With a total of seats, the revenue from one show is yuan, and shows would bring in million yuan.

Then after deducting the rent of 100,000 yuan and taking a commission of 300,000 yuan, Liu Zhou got 2.6 million yuan.

This time, Liu Zhou also planned to take out 300,000 yuan to pay the crew members their salaries and bonuses, leaving 2.3 million yuan in the end.

So Liu Zhou earned a total of 4.49 million from investing in dramas and movies.

The total amount of the two parts is 27.23 million.

Excluding the one million yuan he spent on purchasing the courtyard house in Dengcao Hutong and some miscellaneous expenses, Liu Zhou now has 26 million yuan in funds.

Twenty-six million in funds and a courtyard house; this is what Liu Zhou has achieved in the two and a half years since his rebirth.

(End of this chapter)