Huayu Entertainment: Tianxian really wants to improve

Chapter 58 Rose Pictures
This holiday villa has many rooms, but there are only two of them living there now.

He gave the room with a private bathroom to Liu Yifei.

He has been the only one using this bathroom these days.

But now there are signs that someone has touched it.

Gu Bei looked up at the mirror.

The mirror showed a white figure, stealthily walking out from the darkness, with a head of black hair draped forward, approaching his back.

"I died~ so miserably~"

The voice was deliberately lowered, trying hard to create that sense of horror.

Gu Bei turned his head and looked at her with his hands folded.

Quite restored.

She changed into a white dress on purpose, and with her long hair draped forward, she looked about 70% similar to Sadako.

It was that soft and tender voice of a baby. Even if she lowered her voice, she could still easily identify the other person, and there was no feeling of a female ghost.

"Why aren't you scared?"

Liu Yifei was a little unconvinced.

She pushed her hair back and tidied it for a long time, but it was still a mess.

"Next time you do something bad, remember to restore the scene." Gu Bei said unhappily, "As soon as I came in, I felt that this place had been disturbed.

You just asked me to check the doors and windows, did you forget?

Since it can't be an outsider, then you are the only one left in the holiday villa!"

"All right……"

Liu Yifei was still fixing her hair.

She waited for so long, but ended up with no sense of accomplishment at all.

"How long have you been waiting?" Gu Bei took a comb from the sink and handed it over.

"five minutes……"

Liu Yifei felt that she didn't even believe this.

She took the comb and lowered her voice, "...it'll only take about twenty minutes."

Gu Bei felt that she had underestimated the value of her report: "If you have this much time, you might as well think carefully about the name of your company."

"I thought about it, and I feel that those names are all very nice." Liu Yifei puffed out her chest with confidence.

"Candy Films, Kitty Films...

You're running a production company, not naming cats and dogs."

Gu Bei raised his eyebrows and couldn't help but want to complain, "Why don't you just call it Xixi Pictures? At least it uses your name."

"It's not impossible."

Liu Yifei touched her chin and fell into deep thought.

This name seems pretty good...

“I don’t mind, it’s being screened at the Cannes Film Festival anyway.

When you see the opening credits of Sissi Films and then see the producer's name, you'll immediately know it was you who came up with the name, and it has nothing to do with me."

Gu Bei shrugged.

“And the opening credits!”

Liu Yifei was shocked.

The original purpose of setting up this production company was just to have a subject for filming movies.

She always felt like she was just playing house, and the names she chose were random.

But now when I think about the screening and the production company’s credits, the whole process suddenly becomes formal, and the previous names are indeed not suitable.

"Of course!" Gu Bei nodded, finally making her take it seriously, "We're going to the Cannes Film Festival, and we don't have a distributor, so we definitely need a title from the producer.

"Well... this money will be paid by the production crew." "Then I'll go home and think about it carefully tonight."

Liu Yifei's face wrinkled. "Does the producer have to put my name on it too? I feel like I didn't do anything!"

"No, you did the most important thing!" Gu Bei shook his head, "You found me and made the biggest investment!"

After a pause, Gu Bei continued, "Actually, there are more than one producer. If you don't do your job, the producer's share will all go to Qiao."

Whiplash was a mediocre box office hit and is arguably one of the worst Oscar-winning films.

Even the DVD market is average, on the same level as the box office results.

but……

When it comes to home entertainment, this movie can even outshine all the Hollywood blockbusters.

The main reason for the over 250 million US dollars in home entertainment revenue is that it has been in the top few dozen of IMDB's TOP for many years.

Few people would be willing to spend ten dollars to watch this kind of movie in the cinema, or more than ten dollars to buy a DVD.

But if it is available on the cable TV or streaming platform you have already subscribed to, everyone will go to watch it.

This scarce resource is something that every cable TV station and streaming platform is vying for.

Moreover, the share of family entertainment is very high!
Cinemas share the lion's share of the box office revenue, and the disc itself is also a significant cost in DVD distribution.

But in home entertainment, net profits, excluding minimal distribution costs, can reach as high as 80% or 90% of revenue.

"Is this profit sharing ratio still fixed?" Liu Yifei was a little puzzled.

"It's more of a matter of habit. Even if we don't go through the union, we'll still follow their practices." Gu Bei explained, "Also, it's industry practice for production company executives to be named producers.

If you watch those Hollywood blockbusters, you can see that many of their producers are former corporate executives. This is also their 'pension insurance'."

Gu Bei deliberately added quotation marks around pension insurance.

Liu Yifei rolled her eyes at him.

She is only nineteen years old, why should she think about pension insurance?

The first thing she needs to consider now is what to name her production company?

the next day.

While waiting for my flight at Salt Lake City International Airport.

Liu Yifei looked sleepy, but her eyes were full of energy.

"I've already thought of it. Let's call it Rose Films!"

"This name..."

Gu Bei couldn't help but think of her cousin's new drama.

It’s not really a new drama, it’s been almost two years.

At that time, his classmates insisted that he help contribute playback data, but unfortunately he was really not interested in this subject and directly refused his classmates.

After a pause, Gu Bei nodded: "It's indeed a good name, Steel Rose, this name suits you very well."

Liu Yifei raised her face proudly.

After the two flew back to New York, they immediately got busy.

Liu Yifei does not need to fly to a tax-free state to set up a company, but there are a lot of documents to sort out, especially tax documents.

LLC is equivalent to saving federal taxes, and tax-free states also save state taxes. This is actually taking money from the IRS, so tax documents must be handled with caution.

Gu Bei was busy setting up the crew.

The art director had already been appointed at the resort, and he was already scouting locations and selecting some minor roles with the location director and casting director.

Gu Bei has recently met many directors of photography, a position that directly determines the output of film images.

So he had to choose a director of photography who could understand the image he wanted to express and who could work with him in terms of personality.

The former are easy to find, as what Hollywood lacks the least is skilled workers.

On the contrary, it is the latter. A twenty-year-old director is indeed too young and it is difficult for him to suppress those old hands.

(End of this chapter)