The richest person in Chinese entertainment

Chapter 565 Total Revenue of "La La Land", Liu Yifei, the "Godmother" of the Sou

Chapter 565 Total Revenue of "La La Land", Liu Yifei, the "Godmother" of the South Korean Entertainment Industry
After receiving Zhang Chen's approval, the host next to him was so excited he almost jumped up.

This is a chance to interview Zhang Chen!

How long has it been since Zhang Chen gave an interview?

He couldn't believe that he, a junior host, would get such an opportunity.

Moreover, judging from the silence that everyone had fallen silent, they were all waiting for Zhang Chen to speak.

At that moment, the host also felt immense pressure.

But now is not the time for self-indulgence.

The host rushed to Zhang Chen, took a few deep breaths, and asked tremblingly:

"Zhang Chen," the host swallowed hard, asking with slight difficulty, "What brings you here today?"

The moment the words left his mouth, he wanted to slap himself.

Sure enough, Zhang Chen looked at him with a puzzled expression after hearing this.

However, as if he had figured something out, he smiled faintly and said, "It's the first time Xiao Zhou has directed a movie, and as his friend in the industry, I naturally have to come and support him."

After hearing Zhang Chen's answer, Jay Chou's face showed obvious excitement.

This is a "friend in the industry" that Zhang Chen himself has acknowledged.

He had just thought the host was unprofessional, asking only boring questions.

But now Jay Chou thinks the host asked a good question!
Zhang Chen personally admitted that he was his "friend in the industry"!
This is a "certification" that no other celebrity has ever received.

Other celebrities are either Zhang Chen's employees or his juniors.

Even those who debuted earlier than Zhang Chen only dared to associate with him as an equal.

It seems that only Princess Wang, a diva who has faded from the music scene, can be considered Zhang Chen's friend in the industry?

In short, the "friends in the industry" that Zhang Chen personally acknowledged are highly valuable throughout the world.

Jay Chou frantically winked at the host, signaling him to ask more questions.

After receiving the hint, the host swallowed hard, thought for a long time, and then asked the second question:
"According to the latest news from Taopiaopiao, your film 'La La Land' has surpassed $19 billion in box office revenue. What are your thoughts on this?"

This is a question that everyone present is quite concerned about.

In the past few days, countless media outlets have tried to contact Zhang Chen to interview him about this topic.

But none of the media outlets found this opportunity.

No one expected that it would be this relatively unknown host who interviewed Zhang Chen.

It's no exaggeration to say that this unknown host will be recorded in history because of Zhang Chen's answer.

La La Land set a new box office record.

The film's director and screenwriter also made history.

As the first host to interview Zhang Chen after "La La Land" topped the box office, he will also be noted in an inconspicuous corner of history books.

The host looked at Zhang Chen with anticipation.

Everyone present, including today's protagonist Jay Chou, looked at Zhang Chen with anticipation.

Everyone wants to know how Zhang Chen feels about becoming the new world box office champion.

Zhang Chen could feel the anticipation of everyone present.

He didn't keep everyone waiting too long, pausing for a moment as if savoring the feeling of the film making box office history.

"Hmm, I didn't pay particular attention."

host:???

Jay Chou: ? ? ?

Crowd at the scene: ???
Media reporter: ? ? ?

No!

They should have no hearing problems, right?
Many people subconsciously picked at their ears, unable to believe what they were hearing.

Zhang Chen said he didn't follow?!

That's a $20 billion box office hit!
This is a movie that has made history!

As the director and screenwriter of this film, how could you not have paid attention to it?!
What do all the movie fans who are closely watching the La La Land movie think?
What do those "professionals" who have been analyzing the success of "La La Land" think about this?
What do film directors and screenwriters who aspire to create films like "La La Land" think about this?
Everyone present stared at Zhang Chen in disbelief.

Zhang Chen scratched his cheek sheepishly and said, "I've been busy, so I only paid attention to the movie for a while when it was released, but I haven't been paying much attention to it in the last few months."

Many people are still puzzled.

But the host quickly realized what was going on and tentatively asked, "Is it because of Yifei and the others' album?"

Many people only realized what was happening after hearing the host's question.

"Moreover, Zhang Chen, you manage such a large group, the box office revenue of 'La La Land' is indeed negligible."

“That’s not quite how it works,” Zhang Chen chuckled. “I’ve made quite a bit of money from the $20 billion box office, that’s a fact, and I also want to thank all my fans who have supported me.”

A box office of $20 billion seems like a lot.

However, cinemas take approximately 50% of the revenue.
The film was produced in the United States, so other countries consider it an import. Therefore, the distribution fees, or rather the percentage of revenue, for this film in other countries are not low.

The film grossed around $9 million at the box office, with distribution fees amounting to approximately 10% of the box office revenue.
However, other regions generally require issuance fees of 15%-20%, with an average issuance fee of 15%.
That means of the $20 billion, the theaters will take $10 billion and the distributor Disney will take $1.5 million.

After that calculation, there is still $8.5 million left.

However, it's worth mentioning that La La Land had a relatively low production cost.

Compared to other A-list productions, La La Land's production cost was at most that of an A-list production, with a production budget of only $6000 million.

However, Zhang Chen's director fee is calculated separately, reaching a staggering $5000 million.

Therefore, the total production cost reached $1.1 million.

Based on this calculation, the profit becomes $7.4 million.

This doesn't even include advertising costs.

Although Zhang Chen has taken over my Facebook and Weibo accounts as the two major internet advertising channels, the costs for other print media, television stations, and large-screen advertising in various regions are not low.

To achieve global coverage, they burned through a whopping $2 million in advertising expenses over those four months.

Although this fee is high, when spread across hundreds of countries worldwide, it is barely enough.

Therefore, the film's net profit was only $5.4 million.

In other words, the investors only have $5.4 million in box office revenue to distribute.

Among the investors, profits must be distributed proportionally.

Morninglight Pictures accounted for 70% of the investment, while Disney accounted for 30%.
Therefore, Zhang Chen's Morning Light Pictures can actually receive $3.78 million in profits.

With a box office of $20 billion, it only earned $3.78 million in revenue, which seems a bit unworthy.

Zhang Chen silently felt that his "efforts" were not worthwhile.

This is a movie that he spent almost half a year filming, and he only made this little money.

However, when Zhang Chen thought about the film's revenue beyond the box office, he felt it was still acceptable.

Because many of the songs in this movie were written by him.

Therefore, the copyright for this part belongs entirely to him.

Given his current status, any song whose name appears in the credits will sell well.

So, two weeks after the movie's release, Morning Light Music released the album of the same name, "La La Land".

It includes all the movie songs, including "Anther Day of Sun" and "City of Stars".

How many copies of this album did it sell?

To put it simply, Liu Yifei's LYC's two recent albums, "Not Yet Lovers" and "Time Capsule," faced their biggest competitor on the Billboard and Morning Light Music charts: the self-titled album "La La Land." "La La Land" even held the number one spot on Billboard for 10 weeks.

"Anther Day of Sun" topped the Billboard charts for seven weeks.

In other words, for the past four months, Billboard was dominated by La La Land, overshadowing other artists who were seriously releasing albums.

What makes the singers feel even more powerless is the album's sales.

While the film was making great strides and breaking records around the world, the album of the same name was also making great strides in the music scene.

To date, the album of the same name, "La La Land," has sold a staggering 5381 million copies.

Because pricing varies from country to country, the album's selling price also differs.

Without exception, the version sold in each country is the deluxe edition, with an average price of around $12.

So while "La La Land" grossed $20 billion at the box office, the album of the same name also earned approximately $6.5 million in revenue.

Of course, these are sales figures for physical albums.

On Morning Light Music, the album's singles sales and downloads were equally impressive, with the total downloads of the dozen or so songs reaching 2.1 million.

Depending on the region, the price of a single track on an album is approximately $1.

That is to say, the revenue from digital albums is approximately $2 million.

Based on the traditional allocation ratio of 15% for physical album production, 20% for distribution, 30% for marketing, 12% for the singer, and 8% for others.

Zhang Chen controlled the album's production channels, so the production costs didn't need to be allocated proportionally. He spent about 8%, mainly on the pressing of physical albums.

For the distributor, the cost is greatly reduced because Morning Light Music's online purchasing channels are deeply rooted in people's hearts. The logistics cost accounts for the majority of the expenses, while the revenue share from music stores is secondary.

Therefore, only about 10% is issued.
In terms of marketing, thanks to the inherent advantage of the film "La La Land," there was no need to spend a large sum on additional advertising, so it accounted for approximately 7% of the total budget.
Therefore, the total cost is approximately 25%.
Based on this calculation, Zhang Chen could earn $4.875 million from physical album sales.

For digital albums, the platform takes approximately 15% of the revenue, and other production costs account for about 20%.
However, since Morning Light Music has other shareholders, the calculation is rather complicated.

But Zhang Chen ultimately received an income of approximately $5000 million.

In addition, there are the copyright fees paid by various media outlets for using his songs in their promotional materials, which are also known as "global streaming numbers".

The main reason is that when the movie "La La Land" was being promoted in various places, songs from this album were used for promotion, and an additional copyright fee had to be paid to him.

Yes, the copyright of the songs in the movie does indeed belong to Zhang Chen.

This was agreed upon when we were discussing the collaboration with Disney.

So of the $2 million spent on film promotion, about $2000 million ended up in Zhang Chen's own pocket.

All things considered, this film earned Zhang Chen approximately $9.355 million.

Other merchandise and CDs also generate a significant amount of revenue.

Especially in the area of discs, they haven't started to put much effort into it yet.

Furthermore, Great Wall's CGT player has not yet uploaded any movies.

In the foreseeable future, this film will bring Zhang Chen a considerable income.

Over the next five years, Zhang Chen may earn several hundred million dollars from this film.

If album royalties are included, the amount could exceed one billion US dollars.

All things considered, Zhang Chen has earned quite a bit.

Although it doesn't compare to what he earned on Wall Street.

But regardless of the circumstances, it is an established fact that Zhang Chen's film has surpassed "Titanic" to become the greatest film of all time.

Every "first" is worthy of being remembered by history.

This is much more tangible and impressive than money.

For example, the host on site and Jay Chou next to him.

"Zhang Chen, today Jie Lun has also followed in your footsteps and entered the film industry. Is there anything you want to say to him?"

Regardless of the fact that Jay Chou was the main character today, the host asked a question that might embarrass the host, Jay Chou.

After all, no one wants to be outdone in any way.

This applies to the music industry as well as the film industry.

Many people believe that Jay Chou has been overshadowed by Zhang Chen since his debut.

Both of them are very strong in all aspects of the entertainment industry.

But Jay Chou is no match for Zhang Chen in any aspect.

Song sales, awards, influence, popularity, and popularity; personal fame, appearance, talent, and wealth.

Jay Chou has just entered the film industry and is directing a movie, which has only just premiered.

Zhang Chen has achieved a series of accomplishments in the film industry, including being the "youngest winner of the Palme d'Or," having his film "a prediction of the stock market," and being the "world's highest-grossing film of all time."

Judging from Jay Chou's embarrassed expression, he has also thought of this.

Zhang Chen didn't tease Jay Chou as he would in private.

Instead, he looked at Jay Chou seriously and said, "I was just lucky."

Zhou Jinlun was visibly taken aback upon hearing this.

However, she quickly recovered and said with a smile, "Countless facts have proven that Brother Chen's current achievements are due to his strength, not luck."

Gwei Lun-mei and Liu Yifei, who had remained silent until now, nodded earnestly in agreement.

The media and fans surrounding them all wore the same expression.

Zhang Chen smiled helplessly and could only acquiesce.

Seeing that the atmosphere was getting a bit awkward, Jay Chou quickly changed the subject and asked, "Since Chen Guang doesn't even have time to pay attention to his own movies, I wonder what he's been busy with lately?"

This wasn't just something Jay Chou was curious about; everyone at the scene was curious.

According to news reports, Zhang Chen seems to have been staying in South Korea for the past few months.

Although the reports were all about Liu Yifei and a few others.

But they didn't believe that a big boss like Zhang Chen would spend all that time with a few young girls dealing with such "trivial matters" in South Korea.

Zhang Chen was also surprised that Jay Chou would ask this question.

After exchanging a glance with Liu Yifei, he said to Zhou Jielun, "It's nothing, I just helped Yifei invest in a few companies."

"Oh? Which companies are you referring to?"

"SM Entertainment, JYP Entertainment, YG Entertainment."

The simple three company names plunged the scene into a deathly silence.

After that, there was another uproar.

"real or fake?!"

"Are they really those three entertainment giants from South Korea?!"

"Is it definitely Yifei who invested, and not Zhang Chen?!"

"Is Yifei the 'godmother' of the South Korean entertainment industry?!"

Everyone was so shocked by Zhang Chen's casual remark that they were speechless.

They all looked at Liu Yifei, who was standing to the side, hoping to get the correct answer from her.