Chapter 214: Announcement (5/5)
The first thing to do when I return to China, a major event in the circle
Zhou Xingchi sued Hua Yi to ask for box office dividends for "Journey to the West"...
And then lost the case!
In fact, after Zhou Xingchi was stationed in the mainland, all the movies were basically invested and distributed by Huayi, "Kung Fu" and "Yangtze River Seven" include this "Journey to the West"...
This time, Zhou Xingchi suffered a loss from Hua Yi - he thought he had suffered a loss!
In the original "Journey to the West", the box office agreed by Zhou and Huayi verbally was 500 million, and once the box office cut-off line of 500 million was passed, Huang Zhongjun was willing to pay Zhou Xingchi according to the floating rate.
The total cost is 11.3 billion, Huayi invests 77 million, and Zhou Xingchi's Xinghui Company invests the remaining 36 million.
According to the proportion of 300 million yuan, Zhou Xingchi can get a remuneration of close to 60 million, and then subtract the cost of 36 million, "Journey to the West" brings Stephen Chow only about 20 million income...
What do you think is a lot?
From "Yangtze River VII" to "Journey to the West", in six years, the entire Xinghui Company only had an income of 20 million!
Later, the movie was released, and the box office reached nearly 800 million in the first week, and Zhou Xingchi asked the Huang brothers for money...
The Huang brothers didn't know what they had done, but they didn't agree, and said that 500 million refers to the net box office income, not the box office figures!
500 million box office net income, this is really a bit too much - "Thai Embarrassment" didn't earn enough 500 million except for the cost!
Let's put it this way, a movie with a net income of 500 million in China has not yet been made!
Of course Zhou Xingchi quit!
Both sides also went to court.
It took six years to release a work, and finally waited for the box office of "Journey to the West" to be good, while waiting for dividends, while continuing to shoot the next step that needs to invest more in the drama "Mermaid", who knows that there are no dividends at all, and the company also needs funds to operate.
Of course, in the end, Hua Yi won the lawsuit, and Huang Zhonglei also left the very famous sentence 'The judge knows more about movies than Zhou Xingchi!'
In fact, the lawsuit itself is problematic, when Hua Yi explained the definition of "500 million box office", he may have indirectly admitted that they had an oral agreement, and the law ruled invalid just because they did not sign it...
"Journey to the West" lost the lawsuit, which also means that after removing the cost, neither the company nor he made much money, which is equivalent to working for several years in vain.
......
Lu Xiaoran read this report and was a little confused, "Can anyone tell me what Huang Zhonglei thinks?"
Zhang Jin stood in the perspective of the issuer, "According to the data released by Huayi itself, they spent 88 million to issue a minimum guarantee, as well as 33 million publicity costs, and a pre-tax profit of 30.4 billion, and after signing the minimum guarantee agreement, the "Journey to the West" account sharing announcement stated that when the net income is greater than 20 million, Huayi enjoys a 70 share, and the other four investors enjoy a 30 share, and then it is calculated that the pre-tax profit obtained by Huayi Brothers should be 28.5 billion.
In fact, if I were Huayi Brothers, I don't think I would give 17.7 billion so much, after all, without signing an agreement, it is a bit too much to pay dividends of 60% of the total profit, and 90 million has already been given!"
"What you said, Xinghui Company still has a total of about 90 million yuan from Bigao Company, but these funds include film investment costs, several years of preparation, half a year of hard shooting, and several years of company operating costs..."
Xinghui is also a company owned by Zhou Xingchi...
"It's not this question, I mean, why does Huang Zhonglei think that the big hit of "Journey to the West" is because of them? Isn't it Zhou Xingchi's signature role?"
"Maybe I was carried away by the box office?"
Zhong Lifang analyzed very calmly, "Actually, not necessarily, Huayi doesn't want to go to film, in the past few years of listing, Huayi's investment in movies has always had a small return, and last year's box office suffered huge losses, the group mainly relied on other sections to make money, and in recent years, the pressure of competition has been greater, I feel that they don't want to play movies!"
“... But the outside world has always positioned them as making movies!"
"That's the problem!"
Lu Xiaoran knocked on the table, "We have to recognize that at least until 2030, our main business is to concentrate on movies!"
Zhong Lifang interrupted him a little embarrassed and pretended to be forced, "... Xiaoran, Orange Games is ready to go on the market..."
“... Up. ”
"Shall we pay attention?"
"Just make an announcement... How did a game company go public so easily?"
"We bought a game company and went public on a backdoor basis..."
“... Is this game business profitable?"
"It's very profitable, we are currently mainly doing page games, more than 20 page games, and the monthly turnover is around 800 million!"
"What do you do as a web game, hurry up and switch to a mobile game!"
“... The R&D department is in transition, and you don't care at all?"
"I don't play games, why do I care about it?"
"And you bought the game company in the first place?"
“... It's not like you're clamoring for a buy... By the way, has "Jinyiwei" been done, and the movie "Embroidered Spring Knife" will be released at the same time!"
""Northwest" is withdrawn, let's care about "Northwest" first!"
"There's no way, "Demon Suppression" is too fierce, and "Beixi" is also a dead end, 20 on!"
"Zhou Xingchi's side, I'm going to contact?"
"Nonsense, I write so much, is it the number of words? Let's just say that we are willing to invest in "Mermaid" and "Journey to the West 2"... By the way, after the contact, remember to make an announcement!"
Why is there always an emphasis on making announcements?
On the second day of Lu Xiaoran's return to China, Orange Imaging issued a new announcement that the North American branch will soon produce "Human Removal Plan", "Fifty Shades of Grey", "Latent", "The Conjuring", "Hold Your Breath", "Happy Death Day", and "Fast Pursuit" Seven films, among which the director of "Fast Pursuit" is tentatively Lu Xiaoran... These may not be important, the problem is that Orange added that these seven films are all large-scale dramas and are unlikely to be introduced to the mainland...
Directly trigger the stock price to plummet!
In one trading day, Lu Xiaoran's worth shrank by 8%...
made Lu Xiaoran very depressed, didn't you say that you were going to enter Hollywood?
Now that we are completely marching in, why Mao is not optimistic about us?
As the chairman, Lu Xiaoran had to explain on Weibo, "The North American market is full of commercial type big productions, and we have established a North American branch and will not produce commercial big production films." We agree that the North American film market needs other genre films, and compared with the saturation of commercial films in North America, the genre film market has a large uncultivated mass population. So, we're taking the path of large-scale and small-scale production in North America..."
Nothing to do.
unanimously agreed that Lu Xiaoran's move was unreasonable...
Everyone is making big productions, which shows that this is the right direction!
It seems that at least we have to wait for the "Human Elimination Plan" to be launched before we can prove Lu Xiaoran's correctness!
In fact, most of the mainland capital is now participating in Hollywood productions...
Oranges are going too fast, collecting their own scripts and making their own production?
It's too difficult to be listed, if the orange is not listed, Lu Xiaoran can do whatever he wants, and no one will question it at all...
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