China Entertainment Times

Chapter 440 $1600 million in North American copyright fees! (The first update asks for a subscription! Ask for a monthly pass!)
"Antique, Mr. Li, congratulations on the successful listing. The domestic Internet is developing faster and faster. Those of us who make movies are all eager to see it."

Yu Dong and Tang An approached Gu Yongjiang and Li Guoqing and had a drink together.

"You two are being humble. The domestic film industry is also improving every year. Tang Dong's films have sold nearly 10 billion domestically, and all of them have been exported overseas." Gu Yongjiang said with a smile.

"It's just a sci-fi movie. If it's another genre, it's hard to sell overseas." Tang An waved his hand and smiled.

General Gu Yong said, "No matter what kind of movie it is, it's good if it can be sold. It used to be costume movies and action movies, and now there are science fiction movies. One day most of our movies will also have a market abroad."

Yang Guoqing sighed, "Although I don't make movies, I was deeply touched by what Director Tang said in the newspaper a few days ago. No matter what industry you are in, a hundred flowers should bloom. It won't work to stick to one genre."

Yu Dong answered, "Dr. Yang is right. Recently, it seems that Jingdong is also developing the book market, and even shouted the slogan that it is not allowed to make profits for 5 years. This is competing with you for the market."

"It's just Liu Qiangdong's trick." Li Guoqing said confidently.

Now Dangdang is the leader of the B2C platform, and Jingdong is just a role to catch up.

Tang An said with a smile, "Mr. Li, Jingdong certainly won't be able to take away the book market share in the short term, but Dangdang has 15 book orders every day, and Jingdong cuts prices by 20%. If you follow suit, you will lose a lot every day." It's not a small sum."

Li Guoqing frowned, but there was no specific response as it was a matter of commercial secrets.

Tang An went on to say, "Jingdong's current advantage lies in the 3C business. If Mr. Li Wei Wei rescues Zhao, they can choose some popular products and cut prices by about 10%, which will also make them lose sight of others."

"However, digital products are expensive, often costing one or two thousand, three or four thousand, which is not comparable to books with a unit price of tens of dollars."

Tang An was talking to himself, then stopped suddenly, and smiled apologetically.

"I'm sorry, Mr. Yang, I'm a bit long-winded, and I'm showing my ugliness."

"Tang Dong is being modest, your idea is very good." Yang Guoqing smiled nonchalantly.

He didn't care either, although what Tang An was talking about was their temporary strategy, it's not surprising if he guessed it.

As for the cost issue, Dangdang's listing is very good, and it is not bad for money.

Tang An casually mentioned that Dangdang was gradually eaten away by Jingdong because it did not have enough funds to support its expansion of 3C business, and the expansion of other industries such as beauty makeup and maintenance was not smooth.

After chatting for a while, Tang An approached Wang Wei, chairman of Tudou.com, with a glass of wine in his hand.

Tang An has been watching him for a long time. Just now, Wang Wei sought out several funds separately, and it seems that he should have encountered resistance.

His ex-wife was also smart enough to file a lawsuit at this juncture before the listing. The court froze the joint property of the couple, and the entire listing process of Tudou was also put on hold.

But he has no money, nearly 1000 million US dollars is not so easy to get out.

It would have been okay before being sued, but now that the listing is delayed, the prospects of the entire company are worrying, and the valuation keeps falling.

Seeing that the company is quite big, in fact, Wang Wei doesn't have much money, and he certainly doesn't have to spend nearly ten million US dollars.

Unless he sells part of his 12.4% shares, but if he sells again, he will not be ranked among the top five shareholders.

Tang An didn't want his 12.4% shares, not much.

He would not throw tens of millions of dollars out to help Wang Wei tide over difficulties for no reason.

The real target is the major shareholder of Tudou, who happens to have some business dealings with Tang An.

"Hi, Dong Wang."

Tang An sat over and greeted with a smile, and had a drink.

"Hello Tang Dong." Wang Weiqiang cheered up and nodded in response.

"Wang Dong, Youku is already listed, and Tudou must not be far away. I will come to watch the ceremony then."

A rare smile appeared on Wang Wei's face, "It must be, and I will definitely invite Tang Dong at that time."

The two were not familiar with each other, so Tang An didn't stay too long after being polite.

The morning banquet ended soon, and Tang An brought Zhou You and the group's legal and financial personnel to meet with Columbia Vice President Elizabeth Crotty in the hotel conference room. The other party also brought a team.

"Hi Miss Elizabeth."

"Hello, Mr. Tang."

The two teams greeted each other formally and sat down at the meeting table.

"Mr. Tang, this is a contract for us to purchase the TV-on-demand, digital broadcast, physical media broadcast, toys, etc. copyright of "Edge of Tomorrow" in North America."

Elizabeth's assistant handed over several documents and distributed them to Tang An's side, and continued.

"For the movie "Edge of Tomorrow", we are very optimistic about the market for home on-demand, digital broadcasting, and physical media broadcasting. We decided to buy out the North American copyright at a price of US$700 million."

Tang An frowned. He said it so sweetly, without any sincerity.

In the North American film market these years, the ratio of box office, TV broadcast, digital broadcast and physical media broadcast is about 1:0.6:1.2.

Some hit movies will have a higher ratio, and others will even triple their box office receipts.

But that is a figure that can only be reached after two or three years or even longer.

2.2 times the box office revenue, the final box office of "Edge of Tomorrow" is expected to be between 5000 million and 5500 million.

Although it is not a popular movie, nor is it a big player in the video tape market such as horror and comedy, and because of Chinese-language movies, it should be able to get a figure that is not lower than the box office share within a year or two.

"Edge of Tomorrow" Columbia has won a 50% share, which means that the income from peripheral copyrights is expected to be 2500 million US dollars.

In addition to paying Colombian channel fee, Tang An's psychological price is 1800 million. Both parties will be at a disadvantage, and Columbia will be able to earn a considerable amount of income every year in the future.

"Ms. Elizabeth, according to our survey, "Edge of Tomorrow" has a very good prospect in the video site, pay TV station, and video tape market, and there are already many fans asking when the 1:1 scale exoskeleton in the movie will be sold. , the prospect of the toy market is very objective”

As Tang An spoke, he motioned Zhou You to hand over the documents of the survey data to them, and also told the price he wanted.

"$2500 million!"

Asking prices all over the place to pay back the money, all kinds of temptations, it depends on whether you understand it or not.

There are also semi-threatening ones. If we don’t sell them to find channels for ourselves, we will be exploited layer by layer.

Tang An also said that 20th Century Fox and the Lions approached him to negotiate the distribution agency for the next movie.

After grinding for an hour and a half, a consensus was finally reached.

The $1600 million will be credited within 10 days after the signing of the contract.

Columbia made a lot of money from those two horror films before, and now it still earns hundreds of thousands of dollars a year, so there is no delay.

"Happy cooperation!"

"Happy cooperation!"

PS; I am not familiar with the North American market, the ratio should be good according to the information I checked, if there is any problem with the data, please lightly spray.
(End of this chapter)