China Entertainment’s rescue plan is hard to come by

Chapter 376 All the money is spent [Please subscribe]

After Sun Yi left China Film Academy, he immediately convened a high-level leadership meeting when he returned to Starry Sky. This time it was no longer a private discussion with Yang Fan, but a formal decision was formed at the meeting.

It is determined that Starry Sky will take the path of film industrialization in the future.

First, the Star International Cinema Line was officially established on the basis of the Star International Cinema. The first batch of investments of 1 million yuan were given to establish five Star International flagship stores in cities with developed brokerages such as Shanghai, Yangcheng, and Hangcheng.

Then another 6000 million was invested in the Huairou Film and Television Base under China Film Group to build a 5-square-meter comprehensive photography base, mainly a studio, including a large special effects studio and a digital studio.

Normally speaking, this price is far from enough. The special effects studio also said that when there are no specific tasks, it is not much different from an ordinary studio. It is just more functional and suitable for various special scene constructions. During construction When the time comes, you only need to invest in a preliminary framework.

Digital studios are still high-end these days and are only available in Hollywood. All equipment needs to be imported, including motion capture, 3D rendering, etc.

The investment in a digital studio alone is as high as 3000 million, which only meets the lowest level needs. Other equipment will need to be invested again later.

If China Film had not given a price that was close to cabbage price for the land, it would have been impossible for Xingkongjuan to build the first phase of the project with 6000 million yuan.

It can be seen that these days, not everyone can play in big Hollywood productions. If you invest real money and money, if the movie fails, you will just lose a low profile. Currently, in China, except for Starry Sky, there is basically no movie. Who would use a studio like this?

But this is the most important part of film industrialization, and Sun Yi had to invest in it.

After confirming the investment in theaters and studios, Xingkong still had not made a decision and directly purchased the two-year-old Tiangong Yicai Special Effects Studio for 1100 million yuan.

In its previous life, Tiangong Yicai officially transformed from a studio into a film and television special effects company in 2009. With the prosperity of the Chinese film market, it gradually developed and became one of the three major special effects companies in China.

At present, they are well-known in the industry, and their services include visual effects design, visual effects production, trailer creation, sound post-processing and other services.

Although they are currently doing low-end work and using special effects software that is several versions behind Hollywood, Tiangong Yicai's staff are of high quality and are currently developing their own special effects technology.

This is what Sun Yi is interested in.

Throughout September, Xingkong Image could be said to be like a kid who wasted money and kept "buying" and "buying" and "buying". The entire company's cash flow cost Sun Yi a fortune, which was only enough to maintain daily expenses.

In the company, he always took a detour when he saw Sister Lan, who was in charge of the company's finances.

Gao Xilan was also depressed, he was such a prodigal, how could he do such a thing.

Either don’t spend it and keep saving it. If you want to spend it, just spend it all together. The small 2 million is all left to the small boss to play. So far, it is just a splash. In a short period of time, there is no profit at all. not see.

"Xiao Yi, it's almost done. Don't buy any more. I really don't have any money."

Yang Fan couldn't stand it anymore. He had previously supported Sun Yi in industrializing films and expected that it would be a huge investment, but he didn't expect to invest so much.

Sun Yi was also helpless. This was just the tip of the iceberg. What Hollywood has been developing for so many years could not be caught up in a short time.

"Brother Fan, what do the Americans say? When did Harvey settle the box office revenue?"

He is now waiting for Weinstein Pictures to settle the box office of "Shelter". "Shelter" has been released all over the world except China, with a global box office of 1.87 million US dollars and a North American box office of 1.4 million US dollars.

According to the box office sharing agreement signed by North American Star with Weinstein Pictures and Touchstone Pictures.The first week's box office share is 80.00%, and it decreases to 70.00% in the second week. The subsequent revenue is guaranteed to be 50.00%. In addition to the box office share of other countries, the entire film, currently North American Star Sky deducts the two companies' 30.00% distribution share, and the total revenue reaches 8000 million US dollars.

When mentioning this amount of US dollars, the sad look on Yang Fan's face immediately disappeared. He rubbed his hands and said excitedly: "Harvey, this old boy is very particular. The bill has been sent over. I checked it and there is basically nothing in the data." The problem is time, he agreed, as long as the theater chain over there pays him the bill, he will credit it to North American Star's account as soon as possible."

Sun Yi nodded. He still had great use for this money. Of course, the sooner he could settle the payment, the better.

"However, it seems quite troublesome to transfer this money back to the country. The Americans will have to collect a lot of taxes." Thinking of this, Yang Fan became upset again.

"I'm not ready to come back at all."

"what?"

Hearing what Sun Yi said, Yang Fan was shocked. The company accounts in China were almost cleared. He had agreed to such a large investment by Sun Yi because he had money from the United States. Now he heard that the money would not go to When he took it back, Yang Fan was a little dumbfounded.

"This money is still useful in North America. The economic crisis there is currently in full swing, and many excellent companies are on the verge of bankruptcy. It is a great opportunity for us to buy the bottom. Rather than struggling to transfer the money back and being slapped with a layer of tax, it is better to directly invest in Buy the bargains over there and buy the technology we need directly.”

Yang Fan felt that what Sun Yi said made sense, but he still frowned and asked, "Can they sell it?"

"Hmph." Sun Yi sneered, "I can't even eat anymore. What can't be sold? Besides, why did you feed Harvey so much before? Isn't it just this time that we need him? He is such a local snake. It’s not a big problem for us to lead the way.”

Yang Fan thought about it for a while, and it was indeed the truth. It was indeed a good time to buy lows in North America.

Moreover, the week "Shelter" was released, with the help of previous publicity, the movie DVD was released in the United States under the operation of Weinstein Films and Touchstone Pictures.

It is said that the sales data are very impressive, otherwise, Harvey would not be able to agree so happily and close the box office for them.

"But what about domestic companies?" Yang Fan asked again.

Sun Yi frowned and said: "Hold on, hold on, hasn't "Star You" been submitted to China TV Station? I guess with the help of Sister Yu, the matter is basically stable. Just wait until it is released. That's basically it." A matter of a month or two.”

Yang Fan slowly shook his head and said helplessly: "Hey, even if Huaxia TV broadcasts it, they can't give you much money. They always buy TV series at cabbage prices. Don't refuse to agree. They are just trying to catch up. "

"It definitely won't work in the first round. Let's wait until the second round to go to local TV. I believe this drama will be very successful commercially."

"That's true, but the company can't hold on in the past few months. Copyright income and other income are all year-end, and the domestic box office of "Shelter" will probably have to wait until the end of the year. What should we do during this period?"

Yang Fan started chattering on the side, which annoyed Sun Yi. He knew that this was Yang Fan's dissatisfaction with his lavish spending this month.

"Oh, please stop inking. No big deal. I'll go to a commercial show and take commercials. That's all."

"You said this yourself, but no one forced you."

"."

　Still working on it.

　　
　
(End of this chapter)