I am a historical film director in the entertainment industry.

Chapter 54: Holding a victory celebration banquet?
When news of Japan reached China, the Chinese people's sense of national pride surged.

For this reason, the previously declining box office revenue actually increased slightly.

In the first seven days, the box office was at least 50 million yuan a day, but after the National Day holiday, the box office plummeted, no, it should be said that it was cut in half.

The box office was over 30 million on the eighth day, over 20 million on the ninth day, and on the tenth day, the box office rose slightly to nearly 30 million because news from Japan reached China.

The box office revenue over the ten days totaled 6 million.

When the box office figures came out, everyone in the entertainment industry was speechless.

What kind of insane box office performance is this?!

You have to understand that a movie is usually shown for a month, and the box office in just ten days has made everyone kneel down.

Many people realize that this movie might exceed 10 billion.

A billion-dollar box office is something we never dared to dream of before.

The box office performance of The Big Ship back then was already unbelievable.

This 1 billion yuan figure is simply a blow to the confidence of domestic directors.

When Han Sanye of China Film Group saw the box office record, he couldn't sit still any longer. He immediately called Cheng Sheng, who was still in his hometown, and told him to return to Beijing as soon as possible.

What are we going back to the capital for?

Of course, we had to throw a celebration banquet.

China Film Group, as the film's distributor, really made a fortune this time.

Domestic film distributors typically receive 5%-15% of the box office revenue as an agency fee, with the specific percentage depending on the film's genre, cost, and market performance.

According to the rules, the box office revenue will first be deducted as a 5% film special fund and a 3.3% business tax, and the remaining amount will be distributed proportionally.

Producers typically receive 33%-39% of the box office revenue.

The issuer takes a 5%-15% commission from the remaining amount.

The combined box office revenue of theater chains and cinemas is 52%-57%.

Other factors can also affect the final revenue sharing, such as the film genre. Small and medium-budget films may have to pay more distribution agency fees, while big-budget films may be able to negotiate a lower share for the distributor.

There's also the market performance factor; if the film's box office performance falls short of expectations, the distributor's share may be further reduced.

If "The Great Tang Dynasty - Origins" grosses 1 billion yuan after its theatrical run, then China Film Group, as the distributor, will receive 100 million yuan.

What was China Film Group's profit last year?
Less than 100 million.

Cheng Sheng's film earned China Film Group 100 million yuan, and if the box office revenue continues to increase, China Film Group will earn even more.

Under these circumstances, Master Han was naturally anxious; he practically wanted to tie Cheng Sheng up and bring him back.

Cheng Sheng had originally planned to go back in three days, but since Third Master Han had changed his mind, he readily agreed. On the morning of the fourth day, the two of them left their hometown by car and headed to Rao City to take the train back to Beijing.

Rao City is a small city and doesn't have an airport yet, otherwise he would have flown back.

After a half-day train ride back to Beijing, Cheng Sheng hadn't even had time to rest when he was summoned by a phone call from Third Master Han.

Upon meeting Master Han, Cheng Sheng was showered with praise and then asked when the celebration banquet would be held.

Cheng Sheng was completely dumbfounded!

Isn't a celebration party usually held when a movie finishes its run?

Isn't it too early to hold it now?

After Han Sanye's explanation, Cheng Sheng understood why Han Sanye wanted to hold a celebration banquet so early, and also knew that the celebration banquet could actually be held without waiting for the movie to finish its run.

Film celebration parties are usually held to celebrate the film's achievements at major film festivals or its outstanding box office performance. This event recognizes the efforts of the creative team and strengthens team cohesion.

This will also help promote the film better and increase box office revenue.

Han Sanye was clearly after the last point: promoting the movie and increasing box office revenue.

Cheng Sheng didn't care about holding a celebration banquet, since he didn't get a share of the domestic box office; the real beneficiaries were China Film Group and the coal mine owners. Since Master Han wanted to hold one, Cheng Sheng naturally wouldn't object.

After discussing it, the two decided to hold the celebration banquet three days later. China Film Group will use its influence to invite many celebrities in the industry to attend.

The task of inviting the coal mine owners was left to Cheng Sheng.

After all, the coal mine owners are the producers; it would be unreasonable for them not to attend the celebration banquet.

After discussing it with Master Han for a long time, Master Han finally let Cheng Sheng go back to rest.

Cheng Sheng had just returned to his new house when he received some good news: the studio he had arranged was ready.

Victory Studio.

The name was a bit rustic, but Cheng Sheng didn't mind. Anyway, the studio was just for facilitating cooperation with entertainment companies like China Film Group, and it only served him personally, as well as facilitating investment.

Since Cheng Sheng knew the future trends of movies, he certainly wouldn't let go of the opportunity to make money.

It's like after the premiere, Ning Hao asked him to invest in "Green Grassland".

Cheng Sheng certainly wouldn't miss such a good investment opportunity with Ning Hao's movie, and immediately transferred the funds to Ning Hao.

With a studio in place, Cheng Sheng needed to recruit a few people to manage it. After all, if he didn't have a single person, there was no point in setting up a studio; he might as well just join another entertainment company and become a pure director.

As for hiring, Cheng Sheng had never been a boss before and didn't know what kind of person he needed.

However, while he doesn't understand, someone else does!
Wang Jinhua.

The top agent in the industry.

After thinking about it, Cheng Sheng decided to call the other party to inquire about the personal studio.

Upon hearing this, Wang Jinhua enthusiastically offered Cheng Sheng advice.

This also made Cheng Sheng understand what kind of people a director's personal studio needs.

A core creative team requires a large number of people.

First, the director, which refers to Cheng Sheng.

Then there are the screenwriters, producers, the filming team, and the post-production team.

Each of these two teams needs personnel including a photographer and assistant, a lighting technician and assistant, an art director and assistant, an editor, and a visual effects compositor.

These are all personnel that Cheng Sheng needs.

There are also external production staff and production assistants, who can be recruited at any time without needing to be specifically recruited into the core creative team.

The team size is usually around 30 to 50 people, but the specific configuration needs to be flexibly adjusted according to the film type, budget and shooting location.

Hearing how complicated things were, Cheng Sheng felt a headache coming on.

Fortunately, Wang Jinhua suggested that he find a professional manager to help him, otherwise he really wouldn't be able to handle it.

Therefore, Cheng Sheng first needs to find a manager to handle the trivial matters.

As for who to contact, Cheng Sheng plans to ask acquaintances to see which manager in the industry is reliable.

Three days passed quickly.

China Film Group held the celebration banquet at the Grand Hotel Beijing.

Many people in the industry have filmed their movies at this restaurant.

The celebration banquet was held that evening.

At this moment, outside the Grand Hotel in Beijing, a promotional banner titled "The Origins of the Tang Dynasty" was hanging, attracting the attention of countless passersby.

Of course, such a lively scene also attracted many reporters who came to the Beijing Grand Hotel, raising their cameras and pointing them at the hotel's entrance.

(End of this chapter)