Chapter 147: CJ
CJ Group, formerly known as Samsung CheilJedang, had a dispute over the inheritance of his son Lee Mong-hee and his younger brother Lee Kun-hee due to the death of Samsung's founder, Lee Byung-cheol. First Sugar became independent from Samsung and became Li Mengxi's industry.
After more than 10 years of development, CJ Group has become a major business in the fields of food, biopharmaceutical, logistics, and entertainment media. For today's Park Ji-sub, this consortium-like company is definitely an out-and-out monster.
It stands to reason that Park Ji-sub's capital now has little chance of intersecting with this kind of company. However, the three major Korean movie theaters, Lotte, MEGABOX, and CGV, have the smallest MEGABOX theater chain, followed by Lotte, and CJ the largest.
According to what Park Ji-sub knows, "The King's Man" in the previous life was a work invested by CJE'M. He has confidence in this film, but he has little confidence in this market. Some things can be changed, but some things can't be changed easily.
So he approached CGV, a listed cinema company under CJ Group.
October 5th is an important day for Park Ji-sub, not only for the first time to contact the person in charge of CJE'M cinemas. Whether he can become popular with this movie and make back a hundred times the profit depends on how the first meeting is.
There are three types of box office dividends after the release of the movie, one is that the theater chain gives a fixed sharing model. Of course, if you are a big director, or a well-known investor, the natural cinema chain will give you a little discount, but it usually hovers around 40%. In other words, you can only take about 40% of the money for a movie ticket.
The second one is much simpler, the theater directly buys out your movie rights and then uses it for screening! However, this kind of film is usually used more by foreign companies or independent filmmakers.
As for the last one, it is the box office sharing model. The theater and the investor negotiated, and the producer and the investor gave an approximate total box office amount. Then set several standards up and down according to this amount, such as...... The producers estimate that their films have a total box office of $100 million, so if this value is reached, the producers and investors can take 60% or more of the total profits.
Of course, this is all based on absolute confidence in your own films. If you set this standard, then your box office is only a million away from $100 million, and it is not up to par. Then according to the contract formulated in advance, the producer may not even be able to get 40% of the guaranteed profit.
Of course, there are many other ways to divide the way. For example, it is divided according to the time period, how much the producer takes in the first week, and how much in the second week! Descending order.
And the way Park Ji-sub wants to share is the third way, which is divided according to the total box office. Only then will his profits be maximized.
But this way of sharing requires a premise, that is, the theater chain must be arranged according to the number of shows given by the producer. And the people who usually have this right are all famous directors or powerful big companies...... Li Junyi is quite qualified, but he is so good at hitting the streets, it is really a question whether the person in charge of CGV will care about his opinion.
At half past nine in the morning, after a simple breakfast, Huang Zhengzhe drove and Wu Xijie accompanied! After making peace with Lee Jun-ik, the group came to the CGV building. At this time, CJE'M was still an idea, and most of the company's artists were influential in the actor circle. As for IDOL and singers, it was only after the establishment of CCM, the acquisition of FNC, and the establishment of Mnet, and the reform into an Asian music festival that the influence was completely popularized.
Several people had made appointments, and after explaining their identities at the reception, they were led by a female receptionist in professional attire to the elevator and waited in a reception room on the third floor. After a while, a middle-aged man wearing a silver suit and a big back walked in.
"Director Li, long time no see!"
The middle-aged man's serious face changed to a gentle smile in an instant after seeing Li Junyi. It was a complete contrast to the unangry and arrogant expression when he came in just now.
Park Ji-sub observed silently, and the other party and Lee Jun-ik looked familiar, but there was a sense of distance in etiquette. And although the other party's smile seemed very friendly, his eyes kept looking at the rest of the people in the room.
"Hello, Park Ji-sub XI, I'm the head of the Seoul branch of CGV Cinemas, Lee Tae-ran."
After being polite with Lee Jun-ik, the other party was neither humble nor arrogant, and introduced himself to Park Ji-sub very naturally. There was no domineering, and there was no surprise, and the calmness made Park Ji-sub a little uncomfortable.
"Hello!" Park Ji-sub smiled and said briefly.
"I've seen the movie you sent over for review, it's a very good work, and it's the rising work of director Lee Jun-ik, so there's no problem with the release." Li Tairan sat down with a smile and said very naturally.
"Minister Li, if you can personally explain this to us, you already look up to us." Lee Jun-ik glanced at the silent Park Ji-sub, put on a smiling face and said to Lee Taeran: "I just don't know, is the division of the theater chain according to the old rules?" ”
"Director Li's work, of course, should give a little discount! How about 39 percent, how about a gift from Director Li's rise? Li Tairan said unhurriedly.
Park Ji-sub's fingers trembled, according to the statistics of more than 12 million viewers of "The King's Man" in the previous life. A movie ticket is about 7,000 won, which means that after paying taxes at all the box office, he can get a return of about 30 billion at most. Of course, this does not include the overseas rights of the film, as well as various peripheral profits.
If this profit is placed on someone else, it must be 10,000 consents! After all, the investment is only more than 4 billion, and this time it has increased tenfold. If it had been a year ago, Park Ji-sub would probably have agreed. After all, tens of billions, and his annual income is only so much.
It's just a broadening of horizons, plus a plan for the next two years, and the opponents he needs to face in the future. There are no tens of trillions, what does he use to fight with others.
"Minister Li, I believe you have also seen this movie, how much do you think it will be at the box office."
After a deep groan, Park Ji-sub changed to a smile, and asked in a childish voice with a sense of casualness and innocence.
"Oh? Listening to Ji-sub's tone, it seems that you have numbers in your heart? Li Tairan's squinting eyes seemed to be completely closed, and he asked with a smile.
Park Ji-sub secretly cursed the old fox in his heart, but his face was silent, pretending to be pensive, and after a while, he said slowly: "I also estimated my sales when I wrote the book before, the first time was 500,000, but the year-end statistics were 1.5 million......"
"So I made a habit of exaggerating the numbers just to make myself more confident, like this movie! 12 million moviegoers, that's my ideal number. Park Ji-sub said with a smile.