Chapter 90 Box Office Revenue
After the graduation ceremony, all the classmates were present, so we decided to go out and have a meal together.
This may very well be the last time we all have dinner together.
Art schools are different from ordinary universities, and it is difficult to organize class reunions.
Afterwards everyone will pursue their own careers, and everyone's development will be different. In fact, let alone the future, even now there is already a gap between us in our careers.
The focus here is undoubtedly Liu Zhou and Zeng Li.
Liu Zhou has successfully established himself in the directing industry and has become a popular director that is currently attracting much attention.
Zeng Li came from behind and became an overnight sensation. After working with superstar Zhang Guorong, she immediately worked with superstar Andy Lau.
Perhaps only Zhang Ziyi can match such treatment.
However, because "Crouching Tiger, Hidden Dragon" has not yet been released, Zhang Ziyi's popularity and status are inferior to Zeng Li.
But it won’t be long. Next month, "Crouching Tiger, Hidden Dragon" will be released in the United States. Its box office will shock the country, and Zhang Ziyi will become very popular.
After attending the party, Zeng Li went to Yangcheng to prepare first, while Liu Zhou and Director Xie came to China Film.
This time the two of them came to divide the money.
The box office revenue sharing between the mainland and Hong Kong has arrived!
The total box office in the mainland was 51.6 million. First, after deducting the 3.3% special business tax and the 5% special fund for the film industry, there is 91.7% left.
These two parts must be deducted, and there is no need to delve into their specific uses.
Then the cinema chain’s share is 55%, and the producer and distributor get 36.7%, which is 18.94 million.
Then, 9% of the distribution fees of China Film Group and Pearl River Film Studio were deducted, which amounted to 4.64 million.
Liu Zhou had no control over how the distribution costs were divided between China Film and Pearl River Film Studio.
So in the end, the producers only got 14.3 million.
Liu Zhou and Zhujiang Film Studio could not get all the remaining money because they had to pay for the copies paid by China Film Corporation and some publicity fees, a total of more than one million.
Han Shanping gave Liu Zhou a discount, only counting it as one million, so the money Liu Zhou and Zhujiang Factory could share was only 13.3 million.
For the movie "My Sassy Girl", Zhujiang Studio only accounted for 20% of the share, which is 2.66 million.
Liu Zhou was able to get 10.64 million.
Liu Zhou invested four million, which means he earned six million six hundred and forty thousand.
It seems that compared to the box office of more than 50 million, Liu Zhou only earned more than 6 million, which is very little.
But this is one of the few movies that can make money in recent years.
The reason why Feng Kuzi is so awesome is because his movies have been making money in recent years.
The reason why people in the industry support Liu Zhou so much is because his movies can make money.
However, although Liu Zhou had already made this mental preparation, he still felt a little jealous when he saw China Film Corporation making a lot of money.
They made money from the distribution fees, the cinemas were still theirs, and most of the profits from the movie went to China Film.
It has to be the channel that makes more money!
Fortunately, the film's revenue is not limited to this. In addition to the box office in mainland China, the broadcasting rights were sold to a movie channel for 500,000 yuan.
Then I also made about one million from selling genuine videotapes, VCDs and DVD copyrights.
Of the 1.5 million, Liu Zhou can also get 1.2 million.
A total of 7.84 million, this is the total income Liu Zhou earned from "My Sassy Girl" in the mainland.
Then the box office in Hong Kong was HK$20.75 million.
The distribution in Hong Kong is simpler, with the cinema chain taking 50% and the distribution fee being 12%, which means that SYDnepr can get 62%, a total of HK$12.83 million.
Liu Zhou and Zhujiang Factory can get 7.87 million Hong Kong dollars, of which Liu Zhou can get 6.3 million Hong Kong dollars.
At this time, the exchange rate between Hong Kong dollars and RMB is 1:1.063, and million Hong Kong dollars is equivalent to million RMB.
If all these were added together, the profits would be more than 10 million, and Liu Zhou would feel better.
Han Shanping saw the two put down the documents and said with a smile:
"Is there any problem with this split?"
"No problem!" Liu Zhou also replied with a smile.
"If there are no problems, the money will be transferred to your respective accounts within a week. Please check it carefully."
After Han Shanping finished speaking, he took out another document from the drawer and handed it to the two of them.
Liu Zhou opened it and found out that it was actually the money from selling the overseas copyright of "My Sassy Girl".
Seeing the two people's surprised expressions, Han Shanping couldn't help but smile and said:
"The overseas copyright of this film is mainly sold in Southeast Asia. The West is not interested in such films. According to your request, all of them are bought out directly."
Liu Zhou turned to the column for the amount. The revenue from the sale of copyrights in Southeast Asia totaled nearly 1.2 million US dollars, which is equivalent to 9.6 million RMB.
However, this part of the money also needs to be paid to China Film as 9% of the distribution fee, leaving 8.74 million, and Liu Zhou can get nearly 7 million.
Seeing this number, Liu Zhou couldn't hold back his smile. Sure enough, movies can still make money. No wonder so much capital poured into the Hong Kong film industry.
This time, Liu Zhou earned about 21 million from the movie "My Sassy Girl" in mainland China, Hong Kong and Southeast Asia alone.
This is pure profit!
Of course, this also requires paying taxes. Liu Zhou invested in the name of the studio, so he only needs to pay 25% corporate tax.
Twenty-one million requires paying more than five million in taxes, leaving more than sixteen million in the pocket.
Zhujiang Factory also made a lot of money this time. They invested 500,000 yuan and added some resources from their factory, but the profit reached nearly 5.2 million yuan, a tenfold profit.
But the final profit is more than that, because there is also a profit from the book and South Korea that has not been counted.
The distribution work in these two regions was negotiated by Liu Zhou and Mingzhu Studio themselves, and they discussed box office sharing, not a buyout.
There are many countries in Southeast Asia, and the market in each country is not large. Liu Zhou didn't want to bother with that, so he just bought out the copyright from them and put the money on the table.
As for Yiben and South Korea, the former is the largest film market in Asia, and Liu and Zhou also have some relationship, so they chose to share the profits.
The latter is because "My Sassy Girl" is very popular in South Korea and the benefits are relatively large, so Liu Zhou wants to give it a try.
In order to publish a book, Liu Zhou used Jia Zhangke’s connections to get it published.
Since the movie "Xiao Wu", Jia Zhangke has teamed up with director Takeshi Kitano as he did in history.
Kitano Takeshi is an even more powerful figure than Jiang Wendu.
Two years ago, Takeshi Kitano won the Venice Golden Lion, and he is unparalleled both as an actor and a director. He is a movie emperor among those with expressionless faces, and is well-known in the domestic film and television circles.
"That Mountain, That Man, That Dog" was also made possible by Jia Zhangke's connection with Kitano Takeshi's T-MARK production company, which made up the remaining investment.
This time, the distribution of "My Sassy Girl" was still carried out in cooperation with T-MARK Production Company.
In fact, it’s not that Jia Zhangke has such a big reputation that Kitano Takeshi would do as he asked.
Investing in "That Mountain, That Man, That Dog" may have been a bit of a favor to Jia Zhangke, but co-distributing "My Sassy Girl" was because T-MARK Productions saw the profitability in it.
There was also a large audience for this type of love movie, so they agreed to publish it.
Because there are many tricks involved in the distribution of movies, and Liu Zhou had no influence on it, the contract he signed with T-MARK Production Company was for sharing of the total box office, not profit.
Liu Zhou didn't care how T-MARK Production Company negotiated with the first-tier cinema chains. He just wanted 25% of the box office revenue allocated to this movie.
One of the more stringent restrictions on overseas films is the box office rationing system.
The so-called allocated box office, as the name suggests, is the allocated box office, which accounts for about 70 to 80 percent of the actual box office of the film.
Finally, it was the distribution in South Korea, where the largest film and television group, CJ Company, took the initiative to approach us to discuss cooperation.
Korean films have always learned from Hong Kong films. Although they have surpassed Hong Kong films in the past, they are just beginning to make progress.
So even though the Hong Kong film industry is in decline, Korean film companies will still keep an eye on Hong Kong films.
After its release in Hong Kong, "My Sassy Girl" also officially entered the eyes of Korean film and television companies.
It can be said that they were instantly attracted to this film. Not only are the subject matter and style very suitable for Korean audiences, but it also has the blessing of popular superstar Zhang Guorong.
Before the film was even finished, a Korean film and television company approached Silver Capital.
Perhaps in order to show goodwill, Yindu Organization generously introduced Liu Zhou and Zhujiang Factory to them and allowed them to talk directly with Liu Zhou.
This also saved Liu Zhou and Zhujiang Factory some distribution fees.
After negotiations, Liu Zhou also signed a distribution contract with CJ Group. The content was similar to the original one, and he only received a share of the total box office.
Because it was CJ Group that took the initiative this time, the issuance fee was negotiated a little higher, reaching 28% of the percent.
"My Sassy Girl" has not yet been released in these two regions, so it is not yet known how much revenue it will bring.
These two parts of the profits do not need to be shared with others, only Liu Zhou and Zhujiang Factory will share them.
But for Liu Zhou, the film brought more benefits than just that.
When signing the investment contract, Liu Zhou stated that the copyright of the film belonged to Zhoushan Cultural Studio.
Historically, Hollywood's DreamWorks spent $750,000 plus 4% of the global box office as copyright fees to buy the remake rights of "My Sassy Girl" to shoot the English version of the film.
Once the brutal storm is completely unleashed in Asia, I think it will also attract the attention of Hollywood film and television companies.
Liu Zhou doesn't ask for any share of the global box office, he just hopes to get more cash.
If a Hollywood company really comes to purchase the copyright, the copyright fee will belong entirely to Liu Zhou.
After the two men and Han Shanping finished calculating the accounts, they did not stay in his office for long. They invited him to have lunch at noon. In the afternoon, Liu Zhou and Director Xie flew back to Yangcheng.
Along the way, Liu Zhou saw that Director Xie was smiling and he could understand his feelings.
After all, Zhujiang Factory has had a very hard time in recent years.
When have they ever made money? They have always relied on grants from above.
Now that he has earned more than 5 million yuan in one go, everyone in the factory will be very happy, and this is also a shining political achievement of his.
As the plane landed at Yangcheng Baiyun Airport, Liu Zhou's second film was about to begin shooting.
(End of this chapter)