Perfect Superstar
Chapter 572
Lu Chen's self-confidence and ambition first brought a lot of shocks to the senior management of Chen Fei'er's studio.
Several managers and executives are very disapproving of this.
They have no objection to the merger of the two studios to form a new company, but in the process of merging, Chen Feier's studio, which is more powerful and scaled, merged into Lu Chen's studio, so they have some ideas in their hearts.
It's just that if you have an idea, you have an idea. Since Chen Fei'er has made a decision, everyone can only obey.
But this doesn't mean they are convinced by the young Lu Chen.
Now that Lu Chen has thrown out such a large company construction plan, the world-class + special effects production team's astonishing handiwork represents tens of millions or even hundreds of millions of continuous investment.
A supervisor couldn't help but said: "Mr. Lu, the company has just been established and operated. Should we be cautious, first lay a solid foundation, and then take it step by step?"
In the supervisor's opinion, Lu Chen was a little too inflated and confident.
Young entrepreneurs usually make such mistakes. Lu Chen's achievements in the past are impressive, but whether it is in the entertainment industry or the business circle, there are many examples of getting carried away with success in the past, leading to mistakes in decision-making later. Lessons learned from the past!
I can't become fat by eating in one sitting, and I just want to run when I just learned to walk. How can it be so easy!
The indoor studio is okay, there are big ways to do it, small and small ones, and the cost investment is controllable.
The talents and high-tech equipment needed by a special effects production team are simply a bottomless pit. If you go to the world's first-class level, it will be a cosmic black hole that swallows funds.
Why is the investment in Hollywood blockbusters so amazing? In addition to the remuneration of star actors, the main cost is the cost of special effects production. For some blockbuster films, the cost of special effects production even accounts for more than 70% of the total budget.
It is too difficult to catch up in China. Although there are quite a few domestic blockbusters that claim to have special effects produced by a Hollywood team, and a large sum of money has indeed been spent, they are far behind the real Hollywood blockbusters!
Some films lost all their money just because they spent too much money on special effects and failed to satisfy the audience. This is the result of outsourcing the production of special effects.
In contrast, it is those youth idol films that do not require special effects, making a lot of money in the market.
Therefore, for Lu Chen's thoughts,
He strongly disapproved.
However, Lu Chen's thoughts are extremely firm. An excellent special effects production team is hard to come by. As long as you are willing to spend money and sincerity to find talents, and you are willing to invest money in the introduction of equipment and technology, and persevere in doing it, the previous expenditures are of course great, and the later ones will be great. The rewards are also enticing.
At this time, Chen Fei'er said, "I support Lu Chen's decision!"
She expressed her firm support for Lu Chen, and the others naturally had nothing to say.
Seeing the unconvinced expressions of these managers, Lu Chen smiled and said, "I'm announcing good news here. The box office of "A Chinese Ghost Story" produced by our studio has exceeded 90 million in Xiangjiang. Breaking 100 million is not a problem!"
"A Chinese Ghost Story" was officially released in Xiangjiang on the 21st of last month, and today, March 8th, in a total of 16 days and less than 3 weeks, the cumulative box office reached 91.08 million.
There are still more than ten days before the next gear, and it is 100% achievable to break through 100 million.
Attending the meeting were the management personnel of the two studios, most of whom had experience in the industry. They knew very well what it meant for Xiangjiang to break 100 million at the box office—that was the level of a Hollywood blockbuster!
Lu Chen is undoubtedly using this news to show or prove his own strength.
And it's not enough: "In addition, the sales of peripheral products of "A Chinese Ghost Story" also exceeded 40 million, and I can tell you that the total cost of "A Chinese Ghost Story" from production to promotion did not exceed 37 million!"
There is nothing more intuitive than statistics. If Lu Chen just said that "A Chinese Ghost Story" made a lot of money at the box office, everyone wouldn't feel too much—there are more movies that make money.
Comparing with detailed and accurate data, it will be completely different!
For Xiangjiang’s box office share ratio, the producers get more than the mainland, usually between 50-60%. Even with the 50% share of “A Chinese Ghost Story”, the total box office of 100 million can be divided into 50 million.
The profit of peripheral products is even higher, even if it is calculated at 50%, 40 million can be divided into 20 million!
The sum of the two is 70 million, the cost is 37 million, and the profit is 33 million.
It doesn't sound like much. It's a shame to go out and say hello to a movie that sells well this year if it doesn't make hundreds of millions, but you have to know that this is just the profit realized by "A Chinese Ghost Story" in Xiangjiang.
This movie will be screened in the mainland soon, and every box office share it earns will be pure profit. Even if the domestic share rate is relatively low, it will still be an astonishing figure, unless it hits the street.
Will "A Chinese Ghost Story" hit the market in the mainland?
This possibility is really very small. If the quality of the film is not excellent, how can it conquer the picky Xiangjiang audience?
In addition, with the platform of Xiangjiang, "A Chinese Ghost Story" can be easily exported to Baodao, Macao City, and many countries in Southeast Asia, and it may even land in Japan and South Korea-Lu Chen and Chen Fei'er are very famous in South Korea.
After all this, everyone suddenly discovered that spending hundreds of millions to build a world-class studio and special effects production team is not a big problem for the new company that is about to be established.
If you have money, of course you can be willful!
As for the benefits of having a high-end studio and special effects team, there is no need to say much.
The managers and directors of Chen Fei'er's studio are not fools. After a little thought, they understood that their attitude towards Lu Chen suddenly changed drastically. There was less contempt and disapproval, and more admiration and respect.
This circle always speaks by strength, and profit is the best way to prove strength.
Lu Chen has enough strength to realize his ambition!
After convincing everyone, Lu Chen took advantage of the victory to pursue: "Let's put aside the company's planning and construction. The first important thing for the establishment of the new company is the promotion of "A Chinese Ghost Story". My expectations for the domestic box office of "A Chinese Ghost Story"... "
"No less than 500 million!"
If it were any other young people, the first movie would have won 500 million domestic box office, everyone would definitely scoff and laugh at the other party's arrogance.
But facing Lu Chen, no one has any doubts now, and even feels that this expected goal is not high at all.
If calculated according to the domestic box office of 500 million, then "A Chinese Ghost Story" will bring Chenfei Media a profit of 200 million, not counting the profit from the sales of peripheral products.
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