jdhmnovel Chapter 424 Guaranteed Release
Chapter 424 Guaranteed Release
Wu Jing's new movie can be released with a guaranteed release price and enjoy the same treatment as Stephen Chow.
The advantage of a guaranteed release is that you can earn money regardless of the actual box office. No matter how much the movie actually makes, the producer can share the profits according to the agreed guaranteed box office.
The Mermaid, currently the top-grossing film in China, was released with a guaranteed box office. Stephen Chow signed a 2 billion yuan guaranteed box office with the distributor before the film was released.
If the movie grosses 1 billion, Stephen Chow will share the profits based on 2 billion. If the movie grosses 3 billion, Stephen Chow will still share the profits based on 2 billion.
The Mermaid finally raked in nearly 3.4 billion at the box office, which was actually the result of capital game. Several forces entered the market and used some white gloves to hype up the movie, exchanging super high topic marketing and resource investment for super high box office.
This is a win-win situation in itself. Otherwise, considering Stephen Chow's personality of valuing money so much, how could he possibly sign a guaranteed release agreement?
Before the movie was released, he had already calculated that his movie could only get about 10 billion yuan at the box office, so it would be better to just sign a guarantee and take the money and leave. As for how much the box office would eventually sell, it all depended on the ability of the distributors.
Stephen Chow has a "previous record" of box office calculations. The movie "Journey to the West" caused Taiwan's Wang Yingxiang to lose 30 million in film purchase fees, which led to a split between the Taiwanese market and Hong Kong films, became the fuse for the decline of Hong Kong films, and started the downward trend of the next 30 years.
Although we cannot put all the blame on Stephen Chow, it is an indisputable fact that his high asking price caused the film producers to suffer heavy losses, thus prompting Taiwan to open up to Hollywood ahead of schedule.
And now, Wu Jing is faced with the same choice of A or B.
Option A: The issuer temporarily raises the price. The guaranteed issuance fee of 12 billion only means that as long as Wu Jing signs, he can immediately take away 100 million and achieve a % return on investment.
Even if the share given to other investors is removed, his company can still receive nearly 300 million yuan.
Option B: Release without agreement and bear the film's own profits and losses.
Even though Wu Jing was very confident in the movie, he was still tempted when faced with such risk-free profits.
This morning, not long after getting up, Wu Jing sat in the living room in a daze. He had just asked his wife what she thought, but Xie Nan was also undecided and could only help him list the pros and cons.
"Our house is still mortgaged." Wu Jing said. A mortgage loan of 80 million is not a small amount. If you really can't pay it back, the bank will come to collect it the next day.
"Don't worry about the house. I have a small house that is big enough for our family to live in." As a well-known host, Xie Nan is not without savings.
"Oh, I'm so annoying."
Wu Jing pounded his chest hard and sighed deeply. He was not an indecisive person, but such an important choice really gave him a headache.
"Take money, that crap. When I don't have it, I can't get it no matter how hard I try. But when I do have it, it just jumps towards my house with its legs spread out."
He now discovered that money is different from water. Money flows to high places, while water flows to low places.
Xie Nan looked at his tangled look and couldn't help but laugh: "Okay, stop beating your chest and stamping your feet at home. You have a lot of friends, don't you? Ask them for their opinions."
"I'm just a bit rough, but I'm not stupid. How can we talk about this among drinking buddies?"
Wu Jing has been in the circle for more than 20 years. He still understands the principle of showing off in front of outsiders and crying poor in front of friends. If he dares to leak this news, it is not known whether it can solve the problem, but the dinner parties for him to treat people to drinks will be scheduled until next year.
"Who asked you to ask them?" Xie Nan rolled her eyes. She didn't have a good face towards Wu Jing's friends who were drunk and unconscious. How could she not know what those old friends usually played?
If Wu Jing hadn't just gone there to drink, Xie Nan would have fallen out with Wu Jing long ago.
Wu Jing, feeling somewhat guilty, grinned. He already knew who his wife was referring to.
Yu Qian does not get involved in money matters. This is his principle in doing things, including with Mr. Guo. That means he only charges a certain amount of money for a crosstalk performance and does not participate in other businesses or dividends.
After so many years of cooperation, Yu Qian and his fellow apprentices are actually independent. They can leave whenever they want and no one can stop or control them.
So Wu Jing thought about it and found that it would be most appropriate to talk to Chen Jinnian.
"Jinnian should be filming now."
"No, I saw his circle of friends this morning and it seemed like he was attending a wedding," said Xie Nan.
"Okay, I'll talk to him."
Wu Jing took out Chen Jinnian's phone number and called him. The call went through very quickly, but the conversation on the other end was very chaotic.
"Fang Yifan, where is my hammer? Let's just break the door down and replace it with a new one later." Chen Jinnian asked.
"I gave it to Yang Yang. Where is Yang Yang?" Fang Yifan shouted at the top of his voice and rubbed his shoulder which was sore from the collision.
Pan Shuai held the bouquet and said, "Our car blocked the road. Ji Yangyang went down to direct the convoy to stop."
Chen Jinnian glanced at the phone in his hand and said, "I'm going to take a call first. Wait a moment, I'll call the locksmith company right away."
He squeezed out from the innermost part, holding his phone and yelling loudly: "Hey, Brother Jing, I don't have time to participate in those interviews and variety shows."
Wu Jing covered his ears in pain and frowned as he said, "Keep your voice down, I can hear you."
Xie Nan covered her mouth and laughed secretly. The wedding procession across the street was in full swing, and it was a relief to be able to answer Wu Jing's call.
"I'm not looking for you to talk about those things." Wu Jing knew that the other party was busy, so he quickly told him everything, especially the guaranteed release.
"Only 1.2 billion?" Chen Jinnian didn't expect Wu Jing to be fussing over these trivial matters just before the movie was released. "Then I'll give you 1.3 billion. I'll guarantee you a minimum."
"Don't joke, I want to talk to you about serious business." Wu Jing said.
"Who are you kidding? 2 billion. If you agree, come to my company immediately." Although Chen Jinnian does not have top-level distribution capabilities, signing "Wolf Warrior " with a guarantee of billion is a profitable business no matter how you look at it.
If Wu Jing really wants to sign, he might as well sign with him.
"Okay, it's a deal. No matter how much the publishing company offers, I'll add 100 million."
Chen Jinnian emphasized it again, then looked at Fang Yifan who was waving at him, and said hurriedly: "Let's not talk anymore, I still have a door to pry open, you think about it yourself, bye."
Without waiting for Wu Jing to speak, Chen Jinnian hung up the phone, leaving Wu Jing sitting in the living room looking extremely disheveled.
The guaranteed issuance of 1.2 billion had not been figured out yet, but after just one phone call, the amount was raised to 1.3 billion.
"What did he just say? Did I hear it correctly?" Wu Jing asked Xie Nan tentatively.
"No, I just know that you've been struggling with this for several days, and Jinnian made the decision without even thinking about it." Xie Nan stood up and looked at his son. "Think about it yourself."
Wu Jing felt that he was despised by Chen Jinnian and Xie Nan, but he had no evidence. "Damn it, people fight for a breath of air, Buddhas fight for a stick of incense. I'm responsible for my own profits and losses. I'll do it myself."