China Entertainment started in 2004

Chapter 231 6000W
  Although "The Witch in Suit" was also sold to local stations, the price sold to local stations was very different from that of the satellite TV stations.

For provincial local stations, the price of an episode is usually between 1-3W, and the specific amount is linked to the market share of the TV station.

And if it is a municipal-level local station, the price of an episode is between 1-5K.

For example, if it is a provincial capital and municipal TV station like Jiangcheng, the price of one episode can be close to 5K.

If it is a TV station in other prefecture-level cities, it will be between 1-3K.

For another example, "The Witch in Suit" was broadcast on Zhejiang J Science and Technology Education Channel, a provincial-level local station. Since Zhejiang J Science and Technology Education Channel is the channel with the highest viewership share among all provincial-level local Taichung channels in all provinces in the country, "The Witch in Suit" ” also sold 2W episodes.

The total number of episodes is 20, totaling 40 for one drama.

The price of the entire "Witch in Suit" sold to Zhejiang J Science and Technology Education Channel, a provincial local station, is equivalent to the price of one episode sold to satellite TV stations such as Mango TV and Capital TV.

Not to mention that the price of a municipal local station is only a few thousand per episode, which is far less than that of satellite TV stations.

And this is why the first purpose of TV series production is to seek stardom.

Although video websites already existed in 2006, piracy was rampant. This was not the era ten years later when TV series would be sold to video websites in addition to TV stations.

During this period, the biggest sales channel for TV dramas was television stations.

Although DVDs and overseas copyrights also generate profits.

However, compared with selling to a TV station, it is much worse.

Not to mention, whether overseas copyrights can be sold and whether the price can be high enough also depends on the popularity of the TV series produced after it is broadcast in the production place.

In short, the TV series you produce can only make money if they get stars.

If it becomes popular after being launched, the other benefits will be even greater.

In addition, you can either make a small profit, protect your capital, or lose money.

In 2006, more than 500 TV series were produced in China throughout the year. Popular dramas such as "Qiao's Courtyard" are really making a lot of money.

But compared with the revenue and investment of the entire industry, it is losing money.

Of course, the TV station must be collecting money.

Although "The Legend of Zhen Huan" is considered a drama on YangTV, it still requires money to purchase the copyright for a set to be broadcast on YangTV.

Investment is investment, issuance is issuance, these are two different things.

The price is 70W/set, exclusive.

The entire drama "The Legend of Zhen Huan" has a total of 72 episodes, totaling 5040 million.

Copyright term, three years.

The investment for this drama is 5000 million, with China Film Group accounting for 45%, Yangshi accounting for 30%, and One Tree accounting for 25%.

5040W, only 1260W is allocated to Yishu Company.

During the filming stage, Wang Shu invested 500 million in funds, as well as the script and his director's remuneration, which only accounted for 25% of the share.

In other words, excluding the script and director's remuneration, and removing the 500 million investment, only 760 W is left.

Given his status at the time, the script plus director's salary was only worth two million at most.

The cost is around 700W at most.

1260W, after deducting the cost of 700W, there is still 560W.

He has already made money just by selling the copyright to Yangshi.

When the copyright of "The Legend of Zhen Huan" in Yangyang expires, it can be sold again.

Although the price will be greatly reduced, there will always be income in the future.

Furthermore, with the popularity of "The Legend of Zhen Huan", it is possible that the copyrights will be sold in Hong Kong, Taiwan, Singapore, Southeast Asia, Japan and South Korea, which will be another source of income.

When video websites such as Tencent Video, iQiyi, and Youku emerge, they can also sell the copyright to these websites.

Of course, there is also the video of watching.

If sold to these websites, the copyright term will not be set in the form of a buyout.

Instead, they will participate in the advertising revenue sharing of video websites in the form of clicks.

But no matter what, the most profitable thing is the sight.

For a popular drama like "The Legend of Zhen Huan", the advertising revenue alone is enough for Yangshi to make a lot of money, not to mention that Yangshi is also one of the investors and participates in the copyright equally with Yishu Company. Revenue sharing.

In fact, producers and TV stations can also cooperate by participating in the advertising sharing model.

It's just that Yang Wang didn't want to do this, and instead made a bid to buy the copyright.

Obviously, you are not stupid. For a big drama, the price per episode is around 65W at most.

If the producers were allowed to participate in advertising sharing, the price would not be this.

"The Legend of Zhen Huan" was launched on Yangshi in mid-October. Although Yishushu Company can theoretically receive 10 million W, it currently has no money.

There is a cycle, usually 3-6 months.

In other words, for this 1260W, Wang Shu’s Yishu Company will see money in February 2007 at the earliest, or in May 2 at the latest.

The same is true for "The Witch in Suit". It won't see the money until April or May next year.

As for "Time Traveler", it invested 2.7 million and earned million at the box office in mainland theaters.

The producers can only get roughly 2.7% of the 31 million, which is 83700000 million.

One Tree Company accounts for 40% and China Film Group accounts for 60%.

The amount that Wang Shu can get is 8370% of 40W, which is 3348W.

This amount is only a share of the box office of "Space Traveler" in mainland cinemas, and does not include other extended copyrights and overseas copyright income.

In 2006 alone, Wang Shu produced and released works such as "The Tuner", "Time Traveler", "The Legend of Zhen Huan", "Witch Youxi", and "My Love from the Star".

Among them, "My Love from the Star" was only broadcast on a local station and has not been rated as a star, so it can only be counted.

"Secret Garden" hasn't aired yet, so it doesn't count either.

Wang Shu only accounted for 1.6% of the 15 million box office of "The Tuner", with a revenue of nearly 800 million.

"Time Traveler" has a box office of 2.7 million, with Wang Shu accounting for 40%, 3348W.

"Witch Youxi", solely produced by four satellite TV stations and four local stations, 3350W.

"The Legend of Zhen Huan", Wang Shu only holds 25%, 1260 million.

Total, 8758W.

After deducting the investment cost, it is roughly 7000W.

After deducting the company's expenses, the profit is around 6000W.

This 6000W is not fixed, it is just the first wave of profits. After that, whether it is "The Tuner", "Space Traveler", "The Legend of Zhen Huan", or "Witch Youxi", it will continue to be the king through all aspects. Trees generate income.

Of course, this 6000W profit is only theoretical.

Because, apart from the more than 7 million earned by "The Tuner", Wang Shu has not yet seen the profits earned by works such as "The Time Traveler".

In 2006, after all the hard work, the profit was only 6000W in one year.
  To be honest, Zhang Ziyi and Gong Li just starred in "Memoirs of a Geisha", and each of them received millions of dollars in remuneration. When converted into RMB, it is also tens of millions.

Coupled with income from endorsements, business cooperation and other income, his income even exceeds that of Wang Shu.

The difference is that an actor's income in this industry is equivalent to a wave of money earned.

Producers like Wang Shu, who hold the copyright, can continue to make profits in a steady stream and in many aspects.

It seems to be only 6000W, but in fact if the follow-up income in the next few years is accumulated, it can have an income of nearly 2 million.

Moreover, you can continue to earn income from copyright in a few years.

As long as you hold the copyright, you hold the hen that lays the eggs.

However, the hens in the film and television industry will lay eggs again. Compared with the economic boom after 08, it is just like that.

Because by that era, many more profitable fields had emerged than the film and television industry. In 2023, the total movie box office revenue for the year will be 549 billion.

Xiaomi, a company that doesn't even have a factory, has annual revenue of 1977 billion.

Tencent, 4538 billion.

Goudong, 2476 billion.

Leaving aside companies that debuted earlier, such as Tencent, Alibaba, and JD.com, which company, such as Xiaomi, Pinxixi, Byte, MiHoYo, etc., does not have the highest annual revenue in the film field?
  Xiaomi, Pinxixi, MiHoYo, and ByteDance’s Douyin are all companies that only emerged 10 years later.

2007, January 1, New Year’s Day.

It's another day off.

Except for a few employees of Yishu Company who are on duty, all other employees are on vacation.

Most front-line practitioners in the film and television industry do not have statutory holidays.

Whether you take a holiday or not depends on whether you have any work to do that day.

As the boss, Wang Shu has the final say whether he takes a holiday or not.

He, at this moment.
  "Director Wang, what are you busy with?" Fan Binbin dialed Wang Shu's phone and asked.

"Nothing to do, just reading at home." Wang Shu was actually sitting in front of the computer surfing the Internet at this time.

In 08, there will be a financial crisis.

For those who don’t know, it is very likely that this will cause them to go to the rooftop.

But for Wang Shu, this is an opportunity to buy at the bottom.

As long as you do it well enough, you can be rich soon.

For example, Apple, during the 08 financial crisis, fell by 80%, with the lowest price per share being only $3.33.
  In 12, the lowest price was US$66.76 per share.

By 18, the lowest price per share was US$148.05.

By 2023, the minimum price per share will be $192.53.

The car was purchased at the lowest price in 08, and four years later, it had doubled 4 times.

Ten years later, it doubled 10 times.

Ten years later, it doubled 15 times.

In short, if Wang Shu had purchased $08 million in Apple stock in 1, it would have been worth $15 billion 58 years later.

Of course, if he spends $1 million to buy Apple's stock, it will inevitably drive up Apple's stock price, requiring a higher purchase cost, and its final value will shrink as a result.

But even if there is not 58 billion US dollars, there can still be 4 to 50 billion US dollars.

Not to mention his purchase of stocks. During the financial crisis, some people who are not brave enough will also sell their stocks. He may also buy them at a low price this time.

All in all, with an investment of US$1 million, 15 years later, it will be at least US$45 billion.

45 billion US dollars, in 2023, it will be 315 billion yuan.

It is undeniable that this is an ideal state, but it is also just an example.

During the 08 financial crisis, Apple was not the only company that was affected, Microsoft and many other companies were all affected.

If Wang Shuruo had $1 million to invest in the stock market, he would not buy all of Apple's shares, but would purchase shares of many companies in a diversified manner.

In this way, it will not be noticeable.

Although, taking Apple as an example, it only takes 15 years to grow 58 times.

However, Wang Shu would definitely not hold it stupidly for fifteen years.

Instead, they will sell their stocks to cash out at the right time, and then use the cashed-out funds to invest in other industries.

For example, MiHoYo.
  In 2012, Jin Zhicheng, one of the shareholders of MiHoYo, received an offer from Cisco and chose to withdraw from the company, transferring 13000% of his equity to other founders for 13 yuan.
  Wang Shu thought that he, a kind man, could do something about it, double it 10 times, and see if he could get it at a price of 13W.

13W doesn't work, 26W doesn't work, 26W doesn't work, 80W.

As long as the money is available, it is possible.

After that, MiHoYo ran out of 10 yuan of start-up capital, and immediately began to think of ways to raise funds for an angel round. After hitting the wall dozens of times, 100% of the equity was given out with 15 million yuan of capital.

Wang Shu felt that he, a kind man, might be able to get the 150% stake again at a price of 15 million.

In this way, he will own more than 20% of the equity after the angel round.

With an investment of only two to three million, in a few years, even if MiHoYo continues to raise capital to dilute its equity, it will still be worth several billion.

"Are you reading?" Fan Binbin smiled softly when he heard this.

She had no doubts about Wang Shu reading.

In her opinion, since Wang Shu is a director who can write scripts, it is normal for him to read books to enrich himself.

"It's New Year's Day, do you want to come out? I'll treat you to dinner."

"Aren't you busy?" Wang Shu was a little surprised when he heard this.

Celebrities like Fan Binbin, even if they don't do acupuncture during New Year's Day, they also have various other activities.

Even without these, there are still social activities.

Why would you ask him to go out for dinner?

"Haha." Fan Binbin smiled when he heard this and said, "I have been working too much recently and I want to take a rest."

"However, it's only for these two days, and I'll be busy again soon."

Even if Fan Binbin was targeted by Hua Yi, Wang Shu would not have any doubts about her words.

After New Year's Day, the New Year is approaching.

As one of the four double skaters, Fan Binbin will be invited to many activities even if he is not filming.

She really wasn't lying.

"Okay, where are you? I'll pick you up." Wang Shu said with a smile.

"Huh? Have you bought a car?" Fan Binbin was stunned for a moment when he heard this, and then realized what he was doing.

Wang Shu smiled and replied: "I bought it long ago."

"Well, come and pick me up." Fan Binbin said with a smile.

After hanging up the phone, Wang Shu simply packed up, then went out and drove to the address Fan Binbin said.

Fan Binbin waited until Wang Shu, sat in the passenger seat, and joked with a smile: "Finally bought a car?"

Wang Shu responded helplessly: "I didn't have a driver's license before, so I never bought a car."

"Now that I have my driver's license, I will naturally buy a car."

When Fan Binbin heard this, he didn't ask Wang Shu why he bought an Audi A6L.

She could roughly guess Wang Shu's mentality. He didn't want to be high-profile or too bad, so he would naturally buy a moderate car.

"Where to eat?" Wang Shu looked at Fan Binbin and asked immediately.

When Fan Binbin heard this, he thought about it first, and then said: "It's still early, how about you take me for a walk first, and then think about where to eat?"

"Okay." Wang Shu was a good old man and did not refuse Fan Binbin's request, but readily agreed.

Then he took Fan Binbin for a drive in his car.

It’s not really a joyride either.
  Because Wang Shu had other purposes during this period.

He wants to buy a villa.

During this winter, the trees are all bare and there are no leaves blocking the view, so I just happened to take a look along the way.

(End of this chapter)