1 billion yuan to acquire the copyright of Jin Yong's martial arts, even after 20 years, it is still a shocking deal.

And in the 80s, it was a very crazy and irrational transaction.

Even in the United States, Hollywood movie giants spend tens of millions of dollars on blockbuster films, and generally only spend about one percent of the budget to buy the rights to the original book. For those authors who are not too well-known, it is good to get $500,000 for a blockbuster with a budget of $50 million to buy out the rights to their works. Even some of the works that have been adapted into blockbusters many times, and the works of hugely successful writers such as Stephen King are copyrighted for millions of dollars. This is also the value of the adaptation of the copyright of the best-selling author in the United States.

In other countries, copyright is even more contemptuous. For example, some Japanese works are adapted into films and television, and they generally only give hundreds of thousands of yen to millions of yen to the original author. Even if an adaptation of a work can earn billions or even tens of billions of yen at the box office, it has nothing to do with the original author. At most, the success of the adaptation copyright has stimulated the sales of the original work and brought an increase in the income of the original author.

The attitude of respect for original writers in the Chinese cultural circle, especially the attitude of famous artists, is actually much higher than that of Japan and South Korea. In particular, in terms of copyright adaptation, the share that Chinese masters can get is far more than that of their Japanese and Korean counterparts. But this was after the rise of China's economy and the development of film and television, games and other industries. In the current 80s, the copyright of domestic writers is very cheap, such as the film adaptation of Mo Yan's works, and the copyright fee is only a few thousand yuan. Wang Shuo's copyright adaptation fee may be a little more expensive, but it is only tens of thousands of yuan, which is still the value of the "Beijing Circle".

Of course, the value of Hong Kong's entertainment copyright is now more valuable than that of the Beijing circle. But the top one is Jin Yong, whose original authorization is only hundreds of thousands at a time. After all, the budget for adapting Jin Yong's film and television works is now millions of yuan, and one-tenth of the budget is used to pay copyright fees, and the degree of respect for the original author has exceeded international standards.

But even so, the copyright adaptation fee of hundreds of thousands of yuan is the highest price of Chinese copyright adaptation. Because, the current Chinese film and television culture market is still too small, with more than one billion people in China, but not many have consumption power. Even the spending power of overseas Chinese has not reached the average consumption level of developed countries. In general, the current mainstream consumer market is about tens of millions of people, who have the spare money to consume Chinese cultural and entertainment products.

It is precisely for this reason that the copyright of the top Chinese best-selling authors cannot be compared with the current English-language bestseller copyright writers. Stephen King can achieve an annual royalty share of more than 10 million US dollars, and his works are licensed to Hollywood film adaptations, and he can also do millions of dollars in licensing fees.

Assuming that Jin Yong's copyright income is valued as a company, the annual net profit of Jin Yong's copyright is about 3 million. A buyout of 1 billion yuan is equivalent to investing in a company with a price-earnings ratio of more than 300 times, which is not a start-up, but has a history of several decades, and can only continue to improve and develop according to the existing products, and there is no longer a new product (new original) coming out.

From an investor's point of view, this investment is ridiculous.

But the boss insisted on doing this, and the funds did not go to the account of any company under the new venture department.

Huang Xizhao only worked as a lobbyist, and it took a little effort, so naturally he no longer raised any objections.

But persuaded Jin Yong to buy out all the martial arts copyrights to Lin Qi, and Huang Xizhao hit a wall at first.

Because, this is not a matter of money, Jin Yong himself was already financially free as early as the 60s. In addition, the net profit of "Ming Pao" has reached more than 50 million a year, and it is still growing year by year. Historically, after the listing of "Ming Pao" in the 90s, Jin Yong was worth more than 1 billion, and then immediately sold most of the shares of "Ming Pao".

From Jin Yong's personal point of view, selling Ming Pao is just an ordinary business. Selling this property is just a normal cash-out. However, selling all the rights and interests of his works and making things that were originally very elegant become full of copper smell, is not what he wants.

When Huang Xizhao expressed his attitude, Jin Yong said with a smile that selling Ming Bao is only a matter of price, but his private works are not for sale.

After Huang Xizhao talked to Jin Yong a few times and touched the nail, he quietly turned the target of persuasion to Jin Yong's wife and children. That's right, Jin Yong himself is not bad for money, but his family may not think so. Encourage every family member of Jin Yong to make him want to become a billionaire, and let his family persuade Jin Yong to sell copyrights.

Because, the copyright of martial arts, even if it is left to the family. However, the realization of this asset is very slow, and after the copyright expires, I don't know if I can let my family share hundreds of millions of net worth. But only sell those old works that have been completed more than ten years ago, and after the sale, the works are still Jin Yong's? fame, no one can take away it, just sell the follow-up profits.

Because, after the persuasion of his children, Jin Yong finally sighed and decided to sell Jin Yong's rights and interests in martial arts.

Of course, this is not Jin Yong's original intention, but for the sake of family harmony. After selling the copyright, his three children and his wife were allocated 100 million.

"Mr. Jin, I really like your work. Lin Qi said with a smile, "In the past 100 years, Hong Kong has not produced many good literary and artistic works. But just your 14 martial arts are enough to make Hong Kong no longer a cultural desert. At the same time, Jin Yong's martial arts can also be called a continuation of the past and the future, which can be called a wonder of modern art that has grown out of Chinese culture for 5,000 years, which not only takes into account the traditional Chinese aesthetics, but is not out of place. ”

"It's yours from now on. Jin Yong said angrily.

"No, no, no, it's always your work, I just bought out the rights to its commercial exploitation. Lin Qi smiled, "In the future, if you are not satisfied with our development project, you can also write a letter or call to scold our relevant team." Although we are making money from your work, the adaptation will certainly not be shoddy. Adaptations of movies, TV series, games, etc., will be kept improving. Adapting world masterpieces to Hollywood companies is the same capital investment and sincerity!"

Although, Jin Yong is already pessimistic about money, because he was not bad for money twenty years ago. However, from a young age, status and fame are very important. Before founding Ming Pao, Jin Yong quit his stable job in Hong Kong and wanted to seek a half-official position in the Ministry of Foreign Affairs in Beijing.

"If the adaptation of the work is good, I can write an article to praise it. Jin Yong thought about it, the copyright is in his own hands, and it may not be able to be better developed, nor may it be able to leave him more posthumous name. Maybe, handing over the follow-up copyright to Lin Qi is a not bad choice.