Chinese Entertainment

Chapter 99 Buyout (Additional Update)
After returning from DreamWorks, Gu Wei was in a good mood. After watching the production effects of "Despicable Me", he felt that it was indeed worth the money he spent.

At the end of July, Taken 2 was released for two weeks and the box office exceeded million US dollars. According to the law of box office decline, it is very likely to exceed the first one.
There is no doubt that this is another profitable film relative to its production cost.

Universal Pictures contacted Gu Wei, intending to start filming the third installment while the popularity is still high.

After Gu Wei learned about the other party's idea, he considered it for a long time and decided not to participate in the subsequent series of investments.

This type of subject matter can easily cause visual fatigue to the audience. Subsequent series are just changing the vest and repeating the same routine. Coupled with the increase in investment costs, the returns will visibly decline.

He wanted to take advantage of the popularity of both films, which were making huge profits, and sell the script and subsequent rights to Universal Pictures.

After making up his mind, Gu Wei picked up his phone and called the head of Universal Pictures.

"Gu, what do you think? I look forward to our subsequent cooperation."

On the phone, the head of Universal Pictures came up and asked.

"After my consideration, I decided..."

Gu Wei directly stated his plan.

The other party was silent for a moment, and then said, "Gu, is this your final decision?"

"of course."

"Okay, tell me your offer."

"30 million US dollars, Universal will get all subsequent profits."

Gu Wei gave a number.

"I can't give you an immediate answer to this. You need to report it to the company's top management and let them decide."

"No problem, I look forward to your reply."

This price was decided by Gu Wei after repeated consideration. Universal Pictures will definitely be able to get the money back later after taking out this money. As for how much profit it can make, it is not something he considers.

...

Universal Pictures' response was swift.

The next day, Gu Wei received a call from the other party.

"Gu, this price is too high. The company's top management is only willing to offer 20 million US dollars."

"This is my bottom price. I believe that subsequent movies will bring you many more than 30 million in revenue."

"Okay, Gu, maybe you need to come to Universal."

"No problem, see you this afternoon."

That afternoon, Gu Wei and Reid went directly to the headquarters of Universal Pictures.

"Gu, long time no see."

The head of Universal Pictures and Gu Wei came to the headquarters.

"Brown, let's talk business."

Gu Wei was a little overwhelmed by Old Brown’s enthusiasm. The thought of an old man asking for a hug as soon as they met was scary.

"No problem, let's go to the office and talk. The company's top management wants to talk to you in person."

Brown led the way, followed closely by Gu Wei and Reid.

When he entered the office, Gu Wei saw an older white man with some white hair.

"Gu, nice to meet you."

The other party shook hands with Gu Wei enthusiastically.

"Gu, this is Garland, the vice chairman of Universal Pictures."

"Hello, Mr. Garland."

After the two sides greeted each other, they sat down on the sofa.

"any drinks?"

"Coffee, thank you."

After a while, the waiter brought a few cups of freshly brewed coffee, then left and closed the office door.

"Gu, your offer is too high. After a meeting, the company decided that 20 million is a very suitable price."

The other party spoke very directly.

"Mr. Garland, it's worth the price..."

...

In the office, Gu Wei talked freely and kept fooling around.

Brown and Garland listened to what Gu Wei was saying, exchanging glances from time to time, but Gu Wei pretended not to see anything.

More than ten minutes later, Gu Wei finished speaking, then picked up the coffee in front of him and started drinking.

"Gu, give me some time."

Garland said, and then he stood up and left the office. "The coffee is great."

Looking at each other's backs as they left, Gu Wei and Brown started chatting.

About twenty minutes later, Garland returned to the office.

"Gu, the company has decided to directly buy out the subsequent copyrights, including the script, according to your offer."

"Pleasant to work with."

Gu Wei stretched out his hand with a smile on his face.

"Haha, happy to cooperate."

Mike next to him also had a smile on his face. Obviously, in his opinion, "Taken" was indeed worth the price.

...

The next morning, Gu Wei brought a professional lawyer and went to the Universal Pictures headquarters again.

This time the meeting was held in a large conference room, with many people from both sides present.

The senior executive who had talked with Gu Wei last time was also present.

"There is no problem with the contract."

After carefully reading the contract, the accompanying lawyer said to Gu Wei.

Then Gu Wei glanced at the lawyer of Universal Pictures, and the other party nodded to Garland to indicate that there was no problem.

At the long table in the conference room, Gu Wei and the other party signed at the same time, confirming the contract with Tomorrow's Star Film and Television Company.

"Gu, it's a pleasure to work with you."

"It's been a pleasure working with you, Mr. Garland."

Gu Wei and the other party held the contract in one hand and clasped their hands with the other, with staff members taking pictures nearby.

"Click."

With a crisp sound, the contract officially came into effect.

The transfer process went smoothly. Gu Wei provided the company's account and the other party directly transferred the money into it.

"Boss, the money has arrived."

Reid received a call from a company employee and reported to Gu Wei after confirmation.

"Mr. Garland, here are the subsequent script contents and related materials."

As soon as Gu Wei finished speaking, Reid handed a stack of documents to the employees of Universal Company.

"Gu, I hope we will have opportunities to cooperate in the future."

"Of course, I think this won't be the last time we work together."

"Haha."

After the transaction was completed, Gu Wei immediately left the Universal Pictures headquarters and returned to the company.

"Boss, my biggest dream is to own a villa here."

As the car passed Beverly Hills, Ryder spoke excitedly.

"Haha, then I wish you can realize your dream soon."

"Boss, you are not going to buy a villa here. The company's account currently has sufficient funds."

"There's no need to spend tens of millions on a house. It's better to make two more movies."

Gu Wei knew the selling price of Beverly Hills. With that money, he might as well buy a villa in China. It feels pretty good to stay in a hotel here.

At present, every penny is important to Gu Wei. He does not want to waste money on other aspects. It will not be too late to consider these things when he has sufficient funds in the future.

...

With the receipt of 30 million US dollars, the company's account was filled again.

Whether it is subsequent investment in YouTube or other movies, the funds are guaranteed.

Gu Wei stayed in the company office, happily browsing the latest news reports.

There is never a peaceful time in the entertainment industry, and Hollywood is where the most eye-catching entertainment news occurs in the United States and even the world.

2005 was no exception, from Jackson appearing in court in his pajamas, to the "Housewives" fighting over the spotlight, to the "newlyweds" celebrity couple parting ways.

The public opened their eyes wide with curiosity, the entertainment reporters tracked the scene like hounds, the stars half-hidden and half-exposed, making things even more conspicuous, and staged one vivid and exciting reality show after another.

"From dating to engagement, and from engagement to pregnancy, the rapid development of the 'Tang Kai Love' is like riding on the speeding 'Romantic Express'."

"From the Tokyo movie premiere to the earthquake-stricken areas in Pakistan, Pitt and Jolie have always been inseparable. For Pitt, the adoption certificate for Jolie's child has already been obtained, so how far can the marriage agreement be?"

...

Gu Wei looked at the various reports on the Internet and sighed. It’s still the Americans who are playing tricks.

　Please subscribe, please reward, please give monthly tickets, please give recommendation tickets!
　　
　
(End of this chapter)