Reborn as a tycoon in Hong Kong
Chapter 191 Recruiting film talents (Part 2)
"Of course it's true!"
Faced with Xu Guangwen's inquiry, Lin Baicheng nodded solemnly, and then said: "As far as I know, the contracts signed with Jiahe for movies released by other film companies in Jiahe Cinema are 40-60, with the film studio accounting for 40% and the theater chain accounting for 60%. In addition, the promotion fee, distribution fee and film copying fee have to be borne by the film studio. In the end, only 20% of the box office will be paid to the film company."
"That's it. After the producer gets the share, he still has to deduct the entertainment tax. If the box office is a hit, he can still make some money. If the box office is mediocre or the movie flops, then there is no chance of making money."
Before establishing a film company and theater chain company, Lin Baicheng had people investigate the current film market and found that the theater chain is extremely strong. However, think about it, except for a small theater chain on the left side in Hong Kong, there are about a dozen scattered theaters. There are only two theater chains, Shaw Brothers and Golden Harvest.
Any filmmaker who still wants to develop in Bay Island will not release their films in left-wing theaters. Therefore, the only choices for Xiangjiang filmmakers are Shaw Brothers and Golden Harvest. Among them, Shaw Brothers only releases its own films and films shot by a few filmmakers with whom they have close cooperation.
As a result, the films produced by other filmmakers in Hong Kong can only be released in Jiahe Cinema. It is normal for Jiahe to be strong, and everyone wants to earn more.
However, even if Lin Baicheng had not appeared in this situation, after a few years, Lei Juekun's Golden Princess Cinema Chain was established, New Art City was established, and the film industry had more choices, the theater chain's box office share ratio would naturally change. Will give in.
"That's not it."
Not only Xu Guangwen, but others also expressed emotion that it is really not easy for the producers to make money, and more importantly, the box office share cannot be obtained in time.
"Star Cinema, which I established, cooperates with the film producers in a 50-50 box office share ratio, with each party accounting for half. However, the publicity, distribution and copy fees still have to be paid by the film producers, and there has been no change."
Lin Baicheng wants at least 10% of the box office share just to attract people. Other expenses cannot be reduced. After all, he is not doing charity.
"With my current net worth, I don't think you need to worry about me breaking my promise. 10% of the box office share of a movie is only a few hundred thousand Hong Kong dollars. If I really deceive you, I can't afford to lose that person."
"Mr. Lin, you are right. We naturally believe this."
Xu Guangwen said immediately, with a net worth of several billion Hong Kong dollars, he would definitely not break his promise to them for hundreds of thousands of Hong Kong dollars. Just like the other party said, I am afraid that the other party still cannot afford to lose that person. This little money is simply not worth it. It's not worth the other person lying to them.
"For someone like you, Mr. Xu, who has your own film company, I have three cooperation models here."
"One is the most common way of cooperation. After you shoot the film, you take the film to Star Cinema for release. As long as it is reviewed and confirmed that there are no problems with the film, it can be released normally. You pay the relevant fees, and Star Cinema arranges the schedule and waits for the film to be released. I will pay you the box office share later.”
"The second option is to ask Star Cinema to invest in your film company and obtain 20% of your film company's shares. In this way, once the company has a film to be released, Star Cinema will arrange the schedule faster and arrange a relatively cheap one. Good schedule, other things remain unchanged.”
"The third option is to make your film company a subsidiary of Star Pictures. Star Pictures holds 51% of the shares. In this way, the company can get more support from Star Pictures during the filming stage, such as The selection of actors, better promotion channels and schedules. And the most important thing is that the box office share between theaters and film companies is 40-60, with theaters accounting for 40% and film companies accounting for 60%."
"To put it simply, the deeper the cooperation with Star Pictures, the greater the support we will receive. I will not let my partners suffer. However, it is up to you to decide which one to choose. There is no need to force this kind of thing. I can’t force it, no matter what kind of cooperation, I welcome it.”
"Mr. Lin, I can't decide on this matter at the moment. Can I go back and discuss it with my two brothers?"
Xu Guangwen is inclined to cooperate. The fact that he can get the box office share within half a month and a 50-50 split is enough for him to choose to cooperate. However, he can't decide which cooperation method to choose. Make a decision.
"sure."
Lin Baicheng nodded with a smile and said: "To be honest, the Star Cinema is still under construction. It will take a month to take shape and be able to show movies. Therefore, Mr. Xu, you don't need to make a decision right away. You only need to make a decision within a month." Just decide."
"Thank you Mr. Lin."
Xu Guangwen thanked him. One month was enough time for the three brothers to make a decision.
Nodding, Lin Baicheng looked at the remaining five people and said: "Mecca, Huang Baiming, Hong Jinbao, Wu Yusen, Zeng Zhiwei, you five are different from Mr. Xu. You don't have your own film company, so you are considered free. people."
"I would like to invite you to join Star Pictures. The treatment will definitely be better than what you have now."
"Of course, I know the principle of 'people go to higher places and water flows to lower places', so if you feel that you are capable enough and have a certain amount of capital, you can also choose to start your own film company. Through the film company and Cooperation with Star Pictures.”
"The three methods of cooperation are the same. Different cooperation methods receive different levels of support."
"I personally hope that you can join Xingchen Pictures, because nowadays Xingchen Pictures still lacks talents. If you join the company, you can easily become the company's top executives. The salary of the company's top executives will definitely not be low, and compared with myself Establishing a film company requires different risks, and the top management of the company is guaranteed to make a profit through drought or flood."
Among the eight people invited today, except for Xu Guangjie, the one whom Lin Baicheng is most optimistic about among the Xu brothers, the remaining five are all Lin Baicheng is more optimistic about. Of course, he hopes that they will all join Star Pictures. But as he said, it’s okay not to join, as long as there is cooperation.
Although the film circle in Xiangjiang is not very big, there are many filmmakers. These eight people will not be the only ones recruited by Star Pictures. Star Pictures will also invite some filmmakers in the future. But it's hard to say whether Lin Baicheng will come forward in person.
Making movies nowadays is actually not that profitable. Last year’s box office champion only made over 7 million Hong Kong dollars. After deducting film shooting costs, publicity fees, copy fees, entertainment taxes and other expenses, even if the theater is its own, it will not make much money.
It is already very good for Lin Baicheng to be able to personally handle such a small business.
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