Chapter 018: Unexpected Stay in the United States
"Wow, Xingke, have you finished making your movie?"
"It's all out in China!"
"How much is the box office?"
"When converted to US dollars, it looks like about 13 million US dollars!" At that time in '07, the exchange rate was still quite high, around 7.73.
"So-so!" Jason was a little unimpressed, after all, he didn't know much about China.
"You have to know that my movie costs only $2.6 million!"
"That's really a good result, by the way, the "Double Treasure Demon Fight" Liongate you gave me has been approved, and filming will start next month, and I will direct it!" Jason is very happy, Hollywood has its own system, and it is quite cumbersome for a script to pass the review process, and some projects can take half a year just to review the script, Jason is fast.
"I don't think the cost will be too high, right?"
"Well, less than $100,000, I can't compare with you, but it's still not something I can take out, my dad invested!" Jason's dad is very contractual, and when he says it, he sees that the investment is not too high, so he simply invests himself.
"By the way, I'm looking for Hurricane Rescue, an overseas distributor of my own film, and if Uncle Ludy can help contact Lionsgate, I can't ask for it. "Ludy Smith is Jason's father.
"I'll ask him for you, you know that he has a very high vision, and not all movies can be used in his eyes, but he is full of praise for the script you created. Jason wasn't sure if he could help.
Probably with the bonus of "Double Treasure Fighting Demons", good news soon came from Jason's side. Ludy agreed very happily, but he needed to send someone to bring the film source to Los Angeles, and Ludy would check it first, and if the quality of the film was good, Ludy would personally lobby the rest of Lionsgate. After learning about it, the eldest king also attached great importance to it, but he still needed to negotiate with Asian countries about the overseas release of "Hurricane Rescue", so he could only send Li Xiaoping to the United States, and Li Xiang took the initiative to ask for his companionship, which made the two very grateful. Li Xiang sighed, in those years, the optical fiber was still not strong enough, and the president and vice president were all in battle.
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Los Angeles is famous for its Santa Monica Beach and is home to Lionsgate's U.S. headquarters. In the small screening room, Lionsgate's reviewers were watching the film intently. Although this movie is full of face-blind Asians, it does not affect everyone's understanding of the plot, and action movies are the universal language of the world. After watching the movie, everyone's feeling is roughly the same as the feeling of Ludy for the first time: the movie is edited sharply and very exciting.
"Gentlemen, tell us what you think!" said Jon Fittimmel, the distribution manager.
"I think we should try to win the distribution rights for this film, and it's likely to surprise us at the box office!" said Tom Odenberg, the buying manager, who is one of the most optimistic about the film.
"What about the price, how much is the right price?" said Ludy, the manager of the production department, and now there is no need to convince everyone that what kind of price can be accepted by Lionsgate has become a top priority. Everyone also has no clue, because there has never been a relationship between Asian works, there is no clear expectation of the box office, and the price is really not easy to determine.
In the conference room, Li Xiang and Li Xiaoping sat on one side, and Tom, the manager of Lionsgate's film buying department on the other side, and the two parties quarreled fiercely about the release of the film. After discussion, Lionsgate came up with two plans: first, a one-time buyout of the distribution rights in North America and Europe, $5 million, and second, to participate in the box office share, and the fiber optic side can account for 30% of the share. Li didn't want to think about it, so he resolutely chose the first way, joking that Hollywood is the master who dares to cheat even the money of the vampires on Wall Street, and chooses to divide it, maybe in the end, he may even put money into it, but he will not accept 5 million, this is a meal!
The two sides went back and forth at a price point, and finally Lionsgate compromised, and the two sides reached an agreement at a price of $10 million, and Lionsgate obtained the distribution rights in North America and Europe. Li Xiang didn't insist anymore, he believed in the quality of "Hurricane Rescue", and when the box office exploded, the future sequel would naturally not worry about buyers, and it would not be too late to ask for a price in the sky, and the long-term vision should be long-term, to put it bluntly, Lionsgate is just a springboard.
Li Xiaoping's game experience is very poor, belonging to the type of lying down and eating chicken, but fortunately, the result is very satisfying, nonsense has increased the box office results by more than 70 million out of thin air, are you unhappy? This is completely pure profit, and the fiber can earn more than 30 million pre-tax income, not to mention that the movie still has to be exported! At a time when the domestic box office capacity is not particularly high, the overseas box office is very impressive.
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"Wow, you're a multimillionaire so soon?" Jason was so surprised that he almost bit his tongue out when he heard that Li Xiang's movie had sold 10 million.
"It's the film company's money, not my money! But the millionaire still has it!" The Feixiang Studio, which was established by Li's father with an investment of 20 million, has been close to more than 100 million yuan in less than half a year, and Li Xiang is still quite satisfied with his ability to make money, and he is a little arrogant.
"By the way, have you had anything lately?"
"We are working on a new script, but it is from our Asian cultural background, and Europe and the United States may not appreciate it. ”
"So there's nothing to do, right?" Jason is particularly good at seeing the essence through the phenomenon, and he grasps the point at once.
"Yes, to be exact..." Li Xiang was also embarrassed.
"That's right, my movie needs an assistant director, you're okay anyway, come over and help, or I'll cry to you!" Jason was not polite, and decisively grabbed Li Xiang's strong man.
"Okay, okay! I'll surrender, it's good if you're happy!" Li Xiang was most afraid of Jason crying, and his face was very penetrating when he cried!
"Our brothers can combine their swords again!" Jason said happily as he put his arm around Li Xiang.
"Fuck off! I don't like men!" Li Xiang was disgusted.
"Fake, I only like hot girls, you give me a dead stay!" Jason came to his senses and said angrily.
was confused as the assistant director of "Double Treasure Fighting Demons", Li Xiang naturally couldn't return to China with Li Xiaoping, so he had to inform Li Xiaoping of the news. Li Xiaoping is very happy, in the future sequel to "Hurricane Rescue", Li Xiang handed over the optical fiber to develop, the more famous Li Xiang is, the more benefits the optical fiber gets. It's very simple, you have a little bit of fame abroad, and when you return home, the whole country will be shocked, and there are obviously more cents than five cents these days!
Lionsgate is also non-stop, "Hurricane Rescue" has been scheduled for a small range of screenings at the end of April, mainly in Asian neighborhoods, and the number of screenings will gradually increase depending on the box office situation.