Chinese Entertainment: Starting from 1996

Chapter 506 Chinese Film Box Office Rankings

Golden Harvest Films' performance last year was indeed brilliant, including several Hong Kong films, and a total of 16 films were produced and released.

Among them, there are seven movies with box office exceeding 100 million yuan, and each of them has a box office of over 200 million yuan.

Although the worst performing film, "Sword Rain", only grossed 200 million, martial arts movies had already declined at that time, and a box office of 200 million was considered very good.

As for the other six films, the box office of each of them was over 400 million.

Although domestic films have now entered the billion-dollar box office era, there are still only a handful of them that have box office revenues of over 400 million.

Among domestic films, the one with the highest box office is of course "Interstellar" with 13.4 billion yuan, but "The Martian", which came in second, only had 7.2 million yuan, a difference of more than million yuan compared to the first place.

Next is Jiang Wen’s "Let the Bullets Fly" with 6.86 million, and then "Those Years" with 5.3 million.

So far, there are only five domestic films with box office revenue exceeding 500 million yuan. In addition to the above four, the last one is "Founding of a Republic".

However, due to the fact that this movie was booked out in so many theaters, there is some controversy about its performance.

But even so, there are only a handful of Chinese-language films with box office revenue of over 500 million.

Next are the movies with a box office of 2 million yuan, which are only four movies produced by Golden Harvest last year: "Moon", "Chinese Partners", "Ip Man " and "Love Is Not Blind".

In other words, of the top nine Chinese-language film box office charts, seven were produced by Golden Harvest, and the top two were both works by Liu Zhou.

The tenth-ranked movie was also produced by Golden Harvest, and it was "The Message" directed by Chen Guofu, with a box office of 3.5 million yuan, which was just 3.42 million more than Feng Kuzi's "If You Are the One" with a box office of million yuan.

People outside always say that Jiahe’s strength is unique in the industry. People working in the industry may have a clear understanding of this. After all, they can truly appreciate Jiahe’s soft power.

But the outside world may not be able to feel it intuitively. The most direct one is of course the market value of Golden Harvest Group. With a market value of nearly 100 billion yuan, it is far ahead of other companies.

Another intuitive manifestation is the box office rankings of Chinese-language films. Golden Harvest occupies eight of the top ten spots, and its dominance is unquestionable.

Douban has a variety of lists, and the movie box office rankings are extremely detailed. Almost all the lists for which data can be found are included.

So if you scroll down the Chinese-language film box office rankings from tenth place, you can see that many movies produced by Golden Harvest are at the top of the list.

Movies like Ning Hao's "No Man's Land" and Xu Ke's "Painted Skin" have box office revenues of over 2 million yuan, as well as "The Blade of Youth ", "Detective Dee: The Mystery of the Phantom Flame", "The Blade of Youth" directed by Liu Zhou, Ning Hao's "Crazy Racing", the dark horse Hong Kong film "Ip Man" and Xu Zheng's "Lost on Journey".

These movies have box office revenues of over 100 million yuan and have a considerable influence, and almost all of them are in the top 30 of the box office list.

In fact, there are currently less than 30 Chinese-language films with box office revenues exceeding 100 million yuan. After all, it has only been eight years since the era of commercial films began in China.

Among these movies that grossed over 100 million yuan at the box office, more than half were produced by Golden Harvest.

So if we ignore its soft power and only look at its hard power, Golden Harvest is far superior to all its peers.

"Last year, the films produced by Golden Harvest generated a total box office of 43.8 billion yuan. If we include the films we co-invested in and distributed as agents, the total was as high as 49.6 billion yuan.

According to data recently released by relevant departments of the CPC Central Committee, the total domestic box office in 2010 was 108.7 billion yuan.

That means the box office revenue from movies produced or co-produced by Golden Harvest accounts for 45.63% of the total annual box office revenue.”

When Chen Guofu said this, his voice became noticeably louder.

After hearing these data, everyone present couldn't help but look sideways. They knew that Golden Harvest had done very well in 2010. After all, the movies produced by Golden Harvest were very popular from the beginning of the year to the end of the year.

But I didn't expect the results to be so outstanding. The box office revenue generated by one company almost accounted for half of the total annual box office.

It's not like seven or eight years ago when the total box office was only 1 billion a year. Now it's over 10 billion.

But after being amazed, they felt happy. Golden Harvest Films performed so well, which also showed that the Golden Harvest Group was developing very well. As senior executives of Golden Harvest, they also had more motivation.

Liu Zhou was of course very happy about this, and this result was somewhat beyond his expectations.

Last year, Golden Harvest produced 38 films, of which the seven that grossed over million yuan combined totaled billion yuan, making them the absolute main force in box office revenue.

So now it seems that if you want to get good results, you still have to shoot blockbuster movies.

Of these seven films, except "Love Is Not Blind", the other six were made with resources as big as blockbusters, including the youth romance film "Those Years".

"Good, very good. How much profit do these movies make?" Liu Zhou asked with a smile.

"Including box office revenue, various copyright revenues and overseas distribution revenues, after deducting costs, the total profit was 18.46 billion."

"so tall?"

Even Liu Zhou was a little surprised. This was almost reaching 40% of the box office revenue.

The biggest source of income for domestic films is box office revenue. The income from other copyrights is only a few million at most, and this is for influential films. Otherwise, the income from other films is even less.

Therefore, this part of the income will not be much, maybe only about 100 million in total, and because Golden Harvest distributes the films itself, it can generally get nearly four levels of box office income.

However, these revenues still need to be deducted from production and publicity costs, so it would be great if we could get half of that as profit.

However, Golden Harvest has strong distribution channels overseas, especially in Asia, and has considerable revenue. But except for "Ip Man 2" and "Interstellar", other films find it difficult to get considerable box office even in Asia.

The performance of these other films in the Asian market may not be as good as some Hong Kong films. Perhaps only "Sword Rain" with its subject matter and "Moon" with Zhang Yimou's fame can gain some box office.

"Yes, it is that high. Because "Moon" was produced in cooperation with New Picture, and "Interstellar" was produced in cooperation with China Film, the revenue of these movies is relatively small, but the total profit of the movies is 8.4 million.

However, overseas revenue is very considerable, with the biggest share coming from "Interstellar," which grossed $2.1 million overseas.

Then "Ip Man 2" also earned a total of more than million US dollars overseas, "Sword Rain" also earned more than million US dollars, and there was also "Moon" directed by Zhang Yimou.

The film's overseas performance was unexpectedly good, not only in Asia, but also in Europe and the United States, with a total box office of more than 40 million US dollars.

These movies together grossed $3.1 million, and with some other movies, the total was $ million, and that’s just the overseas box office.

There are also other copyright income, which adds up to a value of $3.5 million overseas. Because the overseas distribution is jointly distributed by us and Lionsgate, we can get about 1.05% on average, which is $9.03 million, equivalent to RMB million.

Not only that, "Interstellar" was noticed by Warner Bros., which was interested in purchasing the rights to remake the film, and the initial price offered was as high as 12 million US dollars.

We haven't discussed it in detail with them yet, but we should be able to negotiate a good price by then.

The US$1.03 million is net profit, equivalent to RMB million.

So all in all, Golden Harvest earned a profit of 18.46 billion from the films we controlled.

If we add in the income from film investment and distribution, plus other miscellaneous income, Golden Harvest's profit in 2010 was nearly billion yuan."

After hearing Chen Guofu's detailed account, the smile on Liu Zhou's face became even brighter.

With a profit of 2 billion yuan, I believe that apart from those giant monopoly state-owned enterprises, there are probably only a handful of companies that can achieve this performance.

And this is just the performance created by one subsidiary of Golden Harvest Group.

Liu Zhou could imagine that if this result was announced, the share price of Jiahe Group would definitely break through the 100 billion market value mark.

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"Good, very good, very good!" Liu Zhou said loudly, "In this case, Golden Harvest Films' budget this year should be very sufficient?"

“That’s right, and we definitely can’t use that much. Now it has become a trend among major companies in the industry to not use all their own funds to make movies, but to borrow from banks.

So with 2 billion yuan in funds, there must be a lot of surplus. "

Liu Zhou also understood that the production costs of films like "Aftershock" were not all paid out of Golden Harvest's real money. Most of it was borrowed from banks, and then guaranteed by insurance companies to ensure that the funds were used for the intended purpose.

Banks have never operated like this before, but after nearly two or three years of cooperation, this form has basically matured, so now all major banks have this kind of business.

This is definitely good news for film and television companies, as they can leverage more projects with less money, and it will also have a significant promoting effect on the development of the industry.

“So what are the projects that have been confirmed this year?”

“The most important project is of course Mr. Liu’s Aftershock, but the film has been completed and is scheduled to be released this summer.

Then there are two blockbusters still being filmed, namely "The Flowers of War" directed by Zhang Yimou and "Flying Daggers of Dragon Gate" directed by Xu Ke.

There are also two key projects that are being prepared for approval, namely Painted Skin 2 and Mojin: The Lost Tomb, adapted from the first part of Mr. Liu’s novel Ghost Blows Out the Light. ”

Liu Zhou knew about the movie "Ghost Blows Out the Light: Mojin: The Lost Tomb". This project had been brewing within Golden Harvest for a long time.

As for "Painted Skin 2", Liu Zhou is not very clear. To be honest, he almost forgot about this movie. After all, it has been four years since the first part was released.

However, "Painted Skin 2" is also a box office hit. With the strong reputation of the first film, as long as the second film is up to standard, it will surely be a box office hit.

This was the case with the original time and space. "Painted Skin 2" was a little behind the first one in terms of quality and reputation, but it still grossed over million yuan at the box office, and it was a huge success.

However, the director of both "Mojin: The Lost Legend" and "Painted Skin 2" in the original time and space is Wuershan. Now that the two films are being prepared and launched together, there is some conflict.

“Who directed “Painted Skin 2” and “Mojin: The Lost Legend” respectively?”

"Painted Skin 2 was directed by a director named Wuershan who was recommended by Director Xu Ke. We evaluated him, and Director Xu strongly recommended him, so we gave him the direction.

However, this movie is more important, and it is Wuershan’s first time directing a blockbuster, so I will personally serve as the producer and supervisor of this movie.

As for Mojin: The Lost Legend, Director Xu Ke is ready to take charge himself. He has always been very interested in Ghost Blows Out the Light and wants to make it the mainland version of Raiders of the Lost Ark.

"Isn't Director Xu busy with 'Flying Daggers of Dragon Gate'? Does he still have the energy to direct 'Mojin: The Lost Tomb'?"

“‘Flying Daggers of Dragon Gate’ will be finished in just over a month, and what remains is the special effects production in the later stages, so he won’t have to keep an eye on it.

It just so happens that "Flying Daggers of Dragon Gate" is in the early stages of preparation, and it will take another three or four months to start filming, so Director Xu will be free by then."

"Okay, since Director Xu is so energetic, let's leave it to him."

The director of the original time and space "Mojin: The Lost Legend" was initially approached to be Xu Ke, who was also very interested in it. However, later on, Huayi wanted to take control of the project, but Wanda refused. Then they invited Wuershan, who became famous for "Painted Skin 2".

"By the way, when will Flying Daggers of Dragon Gate be released?"

"This year's Lunar New Year holiday, Zhang Yimou's The Flowers of War is also scheduled for the Lunar New Year holiday."

"No problem, but you can hype up the rematch between Director Xu and Director Zhang, but don't release the two movies on the same day. There should be at least a week between them."

The two had a head-on confrontation during the Spring Festival this year, which caused quite a stir. "Moon" and "Sword Rain" were bundled together for hype, and the effect was quite good, otherwise "Sword Rain" might have found it difficult to get a box office of 200 million.

Now the two are facing off again during the Lunar New Year holiday, which will definitely be a big deal, and the Lunar New Year holiday is also big enough to accommodate two blockbusters.

But we cannot release these two movies on the same day. Although this may create hype, it will have a greater impact on the box office of the two movies, which is a bit of putting the cart before the horse.

"We will definitely not make such a low-level mistake."

"Just think about it. Besides these movies, do you have other projects?"

"Finally, Director Ning Hao has been preparing the script after returning from Hollywood. It seems that he is also preparing to shoot a science fiction blockbuster, but he has not reported the project yet.

Hong Kong also reported a project called "Cold War". I think this script is very good and I plan to list it as a key project.

There are no other projects for the time being, and the remaining ones are all small and medium-cost projects.”

There has been no news about Ning Hao for three years since the release of "No Man's Land", but he went to Hollywood to study for nearly a year and followed the production of a science fiction blockbuster in its entirety.

Now he has finally started preparing his own science fiction movie. Liu Zhou really wants to see it, and hopes it is not that "Crazy Alien".

(End of this chapter)