Huayu started as a substitute director

Chapter 249 Our people will not spend money to watch Korean movies
Now, the total box office of "Lucy 1" in other regions except mainland China is: 4165 million US dollars in North America; 2434 million US dollars in South Korea; 3141 million US dollars in Southeast Asia, Hong Kong and Taiwan.

The total is 9740 million dollars, or 6.8 million!
According to calculations by Yutu’s Finance Department, the box office revenue is approximately 1.36 million, which means that only about 20% of the profits can be obtained!
There is no way around this, these regions cannot be divided too high!
After one month of release, the total box office of "Lucy 1" in mainland China reached 9.01 million!
It still did not exceed the 9.46 million of the re-released "Titanic", which is very regrettable.

Blame Liu Tianxian for not carrying the box office!

The main problem was that the last half month was really terrible, with less than 500 million a day, and the total box office revenue did not even reach 5000 million.

This is equivalent to attracting all people to receive ticket subsidies for the first half of the month.

The box office of "Painted Skin 2" originally was only 2.24 million, but it grew to 2.96 million, a full increase of more than 7000 million in the second half of the month.

If it weren't for Fang Hong's ticket subsidy attack in the first half of the month, he would have been unable to defeat them at all.

No matter what, Yutu wins again this time!
Huayi’s market value fell from 98 billion to 91 billion, a loss of about 8 million yuan.

With a box office of 9.01 million, Yutu probably earned 2.13 million!
In other regions of Canada, the total box office revenue of "Lucy 1" was around 3.5 million yuan.

This is without deducting the investment cost and the 1% of the box office profit that goes to the screenwriter, so it is not the pure profit margin.

The screenwriter's share is limited to the box office profits in mainland China and does not include profits from other regions. As I said before, getting too much will not be conducive to struggle.

This rate of return is quite good. The copyright revenue was 2.39 million before, which means that this movie has currently earned about 5.89 million.

This movie has made a pretty strong comeback!

"The global box office of Lucy 1 has exceeded 15 billion! It has set a new record for domestic films!"

Such news appeared on the movie channel, and the domestic mainstream media also reported it, and other media followed suit.

This wave must be praised. Of the 15 billion, about 6 million are overseas, which is almost half. We encourage them to keep up the good work, create greater glories, and go global!

The media was exaggerating, but the reactions from all parties were very cold.

Ordinary people feel that it has nothing to do with them, actors who did not act in this film feel that it has nothing to do with them, and major film and television companies feel that it has nothing to do with them.

Only the actors Xie Miao and Song Jia who participated in this movie became slightly famous.

It’s impossible for it to be a big hit, it’s a movie with a female lead!
Now Yutu can only make money and be supported by the film and television department.

But now Yutu’s administrative costs are very high, that is, the costs of wages, benefits, taxes and so on.

The game can also make money on its own, and it only requires a small number of people, so you don’t have to worry too much.

The producers are always working, and as long as they are working, their high income can be guaranteed. If they are not working, the minimum income will be given to the core technicians, and the cost can be controlled.

The rest of the bottom level are temporary workers!
The administrative costs for animation and special effects add up to at least tens of millions a month, which is scary.

And it’s still growing, it’s a labor-intensive industry!
You have to take care of it, otherwise it will never get up.

The filming of Now You See Me started, but Liu Tianxian and Fang Hong did not go and postponed it to the afternoon.

This play is not entirely about Liu Tianxian, is there anyone who can film it like her?

You said they were special? So what!
Fang Hong's crew can still operate without him as the director. All the shooting plans, storyboards, and animation simulations are all designed.

It is a product of teamwork, but this approach lacks the director's personal touch.

For example, Zhang Yimou and Jiang Wen have very strong personal styles.

The reason why Fang Hong didn't go was that he had something urgent to do, and Lee Mi-kyung, the president of South Korea's CJ Entertainment, came to discuss cooperation.

Cooperate to make Korean local films!
The reason Liu Tianxian didn't go was that she had an appointment with Fang Hong. He was delayed, so she just waited.

Still in the same office, Liu Tianxian was sitting on the sofa reading a script, making annotations with a red pen in her hand, looking quite serious.

Fang Hong sat opposite Li Meijing in the office area to discuss something.

The other party proposed that Yutu would provide the project and script, while CJ would be responsible for market operation and distribution, and both parties would jointly invest in the production of the film.

This is because Lee Mi-kyung saw that "Big Shot" and "Lucy 1" were both hot sellers and both made it to the Korean box office charts, and she felt that Principal Yutu really understood the Korean market.

So I thought about collaborating on a film project and see how it goes!
This is exactly what Fang Hong wants. It can help him expand his business and also find orders for the special effects department.

It is not enough to rely solely on Yutu and Flower Growers. We need to increase the production volume, especially blockbusters and special effects films.

Currently, Yutu’s production volume is not increasing, and Flower Farm is not entirely about special effects films. It is only developing the Korean market.

Of course, making money is the most important thing.

The two decided that Yutu should register a company in South Korea. This company would not need to do anything, it just needed to be listed as a local company.

South Korea is not as open as Hollywood, and the market environment requires cooperation with local companies.

Without cooperation, even if we make a local film, it will be difficult to get it released!

Yutu gets a 20% share, but only needs to invest 10%. For example, for the movie "International Market", if the investment is 1 million, only 1 million needs to be invested, and you can get a 20% share.

In this case, Yutu will write the script, conduct market research, and determine the style and concept of the film.

The rest is all bullshit, it all depends on Fang Hong the prophet.

Of course there were points of disagreement. The point of disagreement was that Fang Hong required that the special effects production must be done by Yutu's team; and that the Chinese copyright must belong to Yutu.

All profits in China also belong to Yutu.

In other words, CJ will not get any money from the film's release in China, on TV, or on streaming media. All proceeds will go to Yutu and remain in the local market.

"Mr. Fang, your request is totally unreasonable!" Li Meijing said.

"Why is it unreasonable?" Fang Hong asked.

"If we give you the special effects, what about our own special effects industry? If we can't get money from the Chinese market, what's the point of our cooperation?" Lee Mi-kyung asked repeatedly. She cooperated with the intention of making both sides a big hit at the box office.

It is the film project planned by Yutu, like "Big Shot" and "Lucy 1", which sold well in both markets.

It would be a huge loss if we rashly abandon the Chinese market.

"Of course the special effects business for our collaborative film project should be given to me. If it weren't for this, why would I bother to offer a project and spend money to negotiate with you?

You take the lion's share of the profits, and you make the most of them. I can't make any money from this market."

Fang Hong also spoke strongly.

Indeed, even though "Lucy 1" was a huge hit, Yutu only received a total of 3407 million yuan, which is in RMB.

Although "Big Shot" made a lot of money, South Korea has not been able to produce a movie like this for many years because the market is too small.

And the bulk of the profits were made by Xijie, so he is still picky about this small market of small breasts.

"To put it bluntly, I can make tens of millions by doing some other projects outside, but a movie takes a year or two to be released. What am I doing this for?" Fang Hong said again.

These words left Lee Mi-kyung speechless. Indeed, if Yutu didn't want this, she could have chosen not to cooperate with her. She could have made tens of millions by just shooting anything in China.

The Chinese market is getting bigger and bigger now, and South Korea is jealous.

In their small Karami market, only girl groups are valuable and can go abroad to jump around and perform striptease for otakus.

Forget about the movie. It is nice to watch, but it is just a topic of conversation and sliced ​​into pieces for the audience to watch. It is difficult for it to go beyond the borders. This is the tragedy of a small country.

"You have your own special effects industry, you can find other films and TV shows on your own, don't confuse it with ours, it's very simple."

Fang Hong knocked on the table and said in a more serious tone: "For the film projects I produce, my team must be used for the special effects."

Many big Chinese directors use Korean teams for special effects when making movies, such as Feng Kuzi's "Assembly" and "Aftershock".

This is also the case with most of Tsui Hark's movies. Later, "Taking Tiger Mountain by Strategy" also used a Korean special effects team, and Zhang Yimou was also involved.

Of course Fang Hong has to turn things around and use other people's markets to train his own special effects team.

The table was knocked quite hard, and Liu Tianxian couldn't help but look up.

"Well, let's try to cooperate first."

Li Meijing had no choice but to compromise. There was no way to fight for this. It was she who found Fang Hong, so of course he had the right to make demands.

And this is not a must.

“But I can’t accept that all the profits from China belong to Yutu,” she said.

This is indeed a bit too much. They invested the bulk of the money, and you don't even let them get a share of it.

"You actually misunderstood something. Your movie will not have a market in China. For example, the movie The Thieves sold 6 million in Korea. It invited Hong Kong stars and was very popular. But it was a flop in China, with only three million dollars at the box office."

Fang Hong said again: "To put it bluntly, our people will not spend money to watch Korean movies."

This is a bit heartbreaking!
"Mr. Fang, this hurts my heart so much." Li Meijing shook her head.

Doing business with this person is really heartbreaking. He doesn't give you any face at all and just tells you directly that you are not capable.

"I'm sorry, President Li. I'm a straightforward person, but this is indeed the fact and you have to admit it." Fang Hong began to comfort the other party again.

One press and one pull, used very skillfully!

"There are exceptions to everything, right? Maybe if we work together, both sides can get high box office." Li Meijing said.

"Okay then, let's sign an agreement and set the standard lower. If the box office exceeds 20 million, we'll split the profits. If it doesn't, we won't split it. This little money is a waste of our time." Fang Hong was very casual.

Twenty million isn’t even enough to cover the production cost, let alone a penny!
He has never seen a Korean movie that sells well in China, not even one. Even the highly anticipated "The Thieves" flopped.

Don't even think about the following movies.

Of course, Korean girl groups and TV dramas are really awesome, that’s acknowledged.

Lee Mi-kyung thought about it and felt that it was okay. The box office in China was not even 20 million, so it was indeed not worth sharing.

You should know that there are now more than 40 Chinese movies with box office revenues exceeding 100 million yuan, and countless movies with box office revenues exceeding 50 million yuan. This means that any movie can gross over 100 million yuan.

The movies they collaborated on could not make over 100 million yuan in China, which was equivalent to not making any money.

"Then let's work together on one movie first to see the effect," said Li Meijing.

"can!"

The two shook hands and the cooperation was reached.

After Li Meijing left, Liu Tianxian put the script in her bag and asked casually, "Why do you want to cooperate with them? Isn't it good for them to import it if we shoot it?"

"There are many movies that cannot be made here and are not suitable for filming. We can only make them over there and earn their money to fill my gap," Fang Hong explained.

"What's there that can't be filmed? You can just make some changes and shoot it. Why do you have to shoot something so shameful?" Liu Tianxian thought that this man was going to learn from the Americans and shoot horror movies or something like that.

"You're a woman and you don't understand at all. I can't explain it to you." Fang Hong waved his hands.

"I'll go to you!"

Liu Tianxian was furious and kicked him in the butt.

(End of this chapter)