Huayu started as a substitute director

Chapter 440: Salary Can't Make Money

It can be said that the success of "Black Coal, Thin Ice" has greatly improved Yutu's reputation, and has also made directors who specialize in making art films move closer to Yutu.

For example, "Twelve Residents" and "The Master" have also come closer.

Anyway, Yutu is rich now, and the investment in art films is not expensive, so if one of them becomes a hit, they can make a lot of money.

If it doesn’t explode, just consider it as buying a reputation and a foundation.

Recently, the filming of "Gravity" can be carried out step by step, and Fang Hong does not need to keep an eye on it all the time.

Most of the content was shot by Guo Fan.

Fang Hong only needs to control the artistry, that is, to see what is different from what he saw in his previous life and form a contrast.

This is his biggest advantage in making movies, that is, there is comparison. If it can be improved, he will change it. If it cannot be improved, he will imitate the original.

Anyway, imitation is always a good thing. After all, the other person is successful. He now has a professional team and can imitate him.

After the beginning of the year, the Yutu company organization underwent another major adjustment. Fang Hong issued 60 million option shares, limiting each person to buy a maximum of shares, benefiting people.

In other words, these 60 people became shareholders of the company, including middle-level leaders, professional and technical personnel from various departments, etc.

There are the largest number of visual effects and animation technicians, and they are divided the most, while there are very few middle-level leaders, only about 20 to 30 people, and the rest are people with certain technical jobs.

These people will buy up all their shares, and those that are not fully bought will be kept.

Because I was informed that next year each share will be distributed at three or five yuan, which means that 50 shares will be distributed as dividends, and you can easily make millions next year without doing anything.

The company has good performance and you can earn more than 2 million. After working for a few years, you can earn tens of millions.

Of course, except for those who have share rights before, others have to buy it for one dollar, and one dollar is just a token of appreciation.

Those who have shares will receive them for free, but their share rights will be taken back and they will no longer be divided up, but rather based on options.

This way it would be fairer, so that there wouldn't be complaints that this movie wouldn't be filmed because it takes too long to produce, or that TV series wouldn't be filmed because the investment is too large and the fear of losing money.

Being picky is not conducive to the development of Yutu.

Now it is unified according to the option pool. If the company makes money, those who get the options also make money. It is simple and clear.

Of course, some people complained, "Why do we have to do this?"

Some people just don’t like change, which is normal. All reforms are painful, but since the news was released early, not many people complained.

Many people still trust the principal, after all, the principal really gives them money.

It has also been said that dividends will be distributed to everyone based on the company's performance, and the company will only take it back if you want to sell or resign.

When you leave the company, the shares must be redeemed. It is impossible for the holders to take away the shares in the option pool. The original purpose of issuing such shares is to retain talents and keep them working for the company.

If you want to get shares, you have to sign a contract that you will not leave the company within three years before you are given the authority. Otherwise, if you leave right after receiving the shares, you will suffer a huge loss.

The company's employees did not react much to the option dividends. After all, they did not actually receive the money until next year.

However, many people's sense of belonging has been strengthened.

Once you own shares, you are a member of the company and a shareholder of the company.

The decision to give each person 500,000 shares was a well-thought-out decision. Now that film and television and variety shows are experiencing a continuous explosion,

Not to mention anything else, there are three movies released during the Lunar New Year and Spring Festival periods, and there are also two other films being broadcast.

One is the TV and Internet joint broadcast "The Heirs"; the other is the only "Soul Ferry".

They are all hits. The number of views of "Soul Ferry" reached 2.5 million in half a month, which is a very amazing result at the moment, considering that this is a pure online drama.

Moreover, online dramas are not yet mature and are still in the development stage.

"Soul Ferry" has a Douban score of 8.3 points. Whether it is word of mouth or plot, it has attracted a large number of audiences.

This drama created 40 million in revenue for Chang'e Video and also attracted many paying users to Chang'e Video, with the number of paying users exceeding 6 million.

This is a growth that has lasted for two or three months. It increased sharply at the beginning, but then stopped increasing.

Nowadays, audiences do not have the habit of paying. They will only buy membership if they can. Those who cannot buy membership will never buy it.

Moreover, for many people, their subscription expires in one month, and they are not sure whether they will buy it next month. In addition, the VIP subscription is only locked for one day, so it is still free. It’s nothing more than watching more ads.

Now we still rely on advertising to recover costs.

With this number of members, it is also in the first echelon in the current long video field. Some of them do not even have as many members as Chang'e Video, such as Tencent.

In other words, every video produced by Yutu is profitable, it’s just a matter of how much. Last year, Yutu’s revenue was 23.7 billion yuan, and its net profit reached 8.97 million yuan.

This is the combined revenue from movies, television, copyright, artist management, special effects, etc., of which artist management accounted for 3.5 million, or one-seventh.

After all, we have to give distribution to the artists, package them, and buy press releases for them.

Most of the profits were earned by Zhao Xiaodao and Chen Xiao, while the commercial value of other artists was not increased.

The money is still made from film and television copyrights and the like. Content is king, but film and television copyrights do not pay as quickly as artist brokerage.

In other words, after working very hard and deducting the costs, they made nearly 9 million yuan, and that was without doing anything.

Compared with those engaged in the Internet and gaming, who often make tens of billions, they are not in the same league at all and are far behind the flower growers.

And this is the result of Fang Hong's four years of hard work.

But it is normal. The labor cost of Yutu is too high. It employs so many people. Filming is a labor-intensive industry. A crew can easily have hundreds of people. Zhihuajia is just an empty shell. The Internet is just coding and can be automated. It is not the same thing at all.

In addition to high administrative costs, tax exemptions have expired. After all, Yutu has been established for four or five years, and it is impossible to continue to exempt taxes.

The most important thing is that the cost of animation is high. We invested 200 million last year, and a total of 400 to 500 million, and it took nearly three years.

This is the big spender. It has been spending money all the time and will invest another 100 million this year. It is simply terrifying.

However, they have also developed many advanced technologies, such as 3D modeling and rendering, recognition of the emotional state of characters, and motion capture converted into digital.

It's the movements of real actors, translated into digital characters.

This time, "Gravity" has technical support provided by animation. After all, it is all non-physical and all needs to be rendered.

So it’s not without some reward.

Profits are obtained after deducting costs, and dividends to shareholders are distributed at 40% of the profits, with 60% used for development.

也就是8.97亿拿出3.588亿分给股东，财务官孟军占3%股份，分得1076万；陈止希分了2152万。

Yutu takes out more profits because the company is stable, unlike Chang'e Technology.

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

Of course the salary is not high, but it is still a million per year.

Chen Zhixi got a larger share because her shares were adjusted to 6%, up from 3% before. They took back the shares of the film and television company and distributed them to her according to the performance of the entire group, without any discrimination.

After all, he has followed Fang Hong for so many years and has been conscientious in managing the overall situation for so many years, so he deserves a larger share.

"Oh, principal, when will you give me a raise?" Chen Zhixi joked after receiving the dividend.

If the salary goes up, she will get more.

"What salary increase? Have you ever seen anyone getting rich from salary?" Fang Hong said with reason and evidence.

Chen Zhixi smiled and she just said it casually.

It is true that in this society there are very few people who get rich by salary. They all rely on dividends from entrepreneurship. Every company is the same, they all rely on dividends.

And big bosses usually don’t pay themselves much salary.

Those who pay themselves hundreds of millions in salary are all people who want to drain the company. Anyway, that money is from financing and shareholders, and it is not easy to put it into their own pockets, so they just pay themselves salaries of hundreds of millions.

People like this don’t want to run the business well at all. If they really want to run the business well, their salary won’t be too high.

Tony Ma’s salary in 2017 was more than million.

The company should be big and awesome, so the salary is so high.

But their income is far more than that. There are also dividends, which is really the big part. However, the dividends will not be announced and are hidden behind the scenes.

Except for Chen Zhixi, the shares of others will not be adjusted for the time being.

In addition to these adjustments, Fang Hong issued another 8 million shares to producers and directors.

The three producers, Han Jianv, Tian Tian, ​​and Zheng Jianfeng, each hold one million shares, which means a total of three million shares.

Giving it to them gives them a sense of belonging.

Of course, the share of producing a movie remains unchanged, it is still 3%, which remains unchanged.

It is normal that senior talents should enjoy the treatment of senior talents.

Because the success or failure of a movie depends on the producers. If they are not given a share, their enthusiasm will be dampened.

Anyway, as long as the company makes money, it doesn’t matter whether a movie makes money or not. Just think like this.

In addition, Lu Yang, Chen Sicheng, Wang Ran, Guo Fan, and Wen Muye are also bound to one million shares each.

Bind them to Yutu and make films for Yutu, and their shares will remain the same.

Of course, you have to buy it for one dollar, which means eight million has to be paid to the company. This is the rule. If it were all free, the company would be losing money.

Moreover, they have money. Each of them can take out a million. If they can't, they can borrow from relatives or ask their wives for money.

This adjustment will be much more reasonable.

It has mobilized everyone's enthusiasm and made everyone feel a sense of belonging.

As for the literary society’s share, let’s not touch it for now.

Of course, Fang Hong will continue to give money to those at the bottom of society in the future, striving to make more people wealthy.

But now Yutu also needs to expand. It just spent 300 million to acquire Happy Twist, and will continue to make acquisitions and purchase cinemas.

Fang Hong remembered that after this conference, the authorities would gradually allow capital to enter cinemas, which means that capital could be invested in the construction of cinemas, and the restrictions would be much lower.

The next few years were an era of capital acquisition of cinemas.

Now that we have some money, we need to find ways to spend it, and investment and mergers are the way to go.

If you don't leave, BAT will leave.

Since we don’t know how to spend the money for now, we will first donate 50 million yuan to Beijing Film Academy to be used for talent training and construction of a new campus.

Otherwise, the Yutu Film and Television Base would be too lonely in the wilderness of Huairou New City.

(End of this chapter)