Chapter five hundred and seventy second rich and willful
Lu Chen's confidence and ambition first brought a lot of impact to the senior management of Filia Chen's studio.
Several managers disagreed with this.
They had no objection to the merger of the two studios to form a new company, but during the merger process, the more powerful Filia Chen Studio was merged into Lu Chen Studio, so they had some thoughts.
It's just that if you have an idea, you have an idea. Now that Filia Chen has made a decision, everyone can only obey it.
But this doesn't mean that they are convinced of the young Lu Chen.
Now Lu Chen has launched such a big company building plan again, with the amazing work of a world-class + special effects production team, which represents tens of millions or even hundreds of millions of continuous investment.
A supervisor couldn't help but said: "Mr. Lu, the company has just been established and operated. Should we be cautious and lay down the foundation first, and then take it step by step?"
In the opinion of this supervisor, Lu Chen was a bit too arrogant and confident.
Young entrepreneurs usually make such mistakes. Although Lu Chen's past achievements are dazzling, whether in the entertainment industry or the business circle, he gets carried away with everything going smoothly in the past, which leads to mistakes in decision-making later. There are many examples of this. This is a lesson from the past!
You can't become fat by eating in one go, and you want to run as soon as you learn to walk. How can it be so easy!
Indoor photo studios are okay, there are big ideas and small ways, and the cost investment is controllable.
The talents and high-precision equipment required by a special effects production team are simply a bottomless pit. If we strive for world-class standards, it will be a cosmic black hole that swallows up funds.
Why is the investment in Hollywood blockbusters so staggering? In addition to the salaries of star actors, the main cost is the cost of special effects production. The special effects production costs of some blockbusters even account for more than 70% of the total budget.
It is too difficult to catch up in China. Although there are many domestic blockbusters claiming to have special effects produced by Hollywood teams, and a lot of money has indeed been spent, compared with real Hollywood blockbusters, they are far behind!
Some films spent too much money on special effects and failed to achieve the effect that satisfied the audience. As a result, they lost all their money. This is also the result of outsourcing the special effects production.
In contrast, those youth idol films that do not require special effects are making huge profits in the market.
Therefore, he strongly disagreed with Lu Chen's idea.
However, Lu Chen's idea is very firm. It is rare to have an excellent special effects production team. As long as you are willing to use money and sincerity to find talents, invest money to introduce equipment and technology, and continue to do it unremittingly, the expenditure in the front will be great, but the expenditure in the back will be great.
The rewards are also attractive.
At this time Filia Chen spoke: "I support Lu Chen's decision!"
She expressed her firm support for Lu Chen, and the others naturally had nothing to say.
Seeing the unconvinced looks of these managers, Lu Chen said with a smile: "I am here to announce good news. The box office of "A Chinese Ghost Story" produced by our studio has exceeded 90 million in Hong Kong. Before it is released,
There’s no problem breaking 100 million!”
"A Chinese Ghost Story" was officially released in Hong Kong on the 21st of last month and ended on March 8th today. In a total of 16 days and less than 3 weeks, the cumulative box office reached 91.08 million.
There are still more than ten days left before the next shift, and breaking 100 million is 100% achievable.
The meeting was attended by the management staff of the two studios. Most of them have experience in the industry. They know very well what it means to have a box office of over 100 million in Hong Kong. It is the level of a Hollywood blockbuster!
Lu Chen was undoubtedly using this news to show or prove his strength.
And that's not all: "In addition, the sales of peripheral products of "A Chinese Ghost Story" also exceeded 40 million, and I can tell everyone that the total cost of "A Chinese Ghost Story" from production to promotion did not exceed 37 million!"
There is no more intuitive comparison than data. If Lu Chen just said that "A Chinese Ghost Story" was a box office hit and made a lot of money, no one would have much idea that there are too many profitable movies.
Comparing with detailed and accurate data will be completely different!
The box office share ratio in Hong Kong is higher than that in Mainland China. It is usually between 50-60%. Even with the 50% share of "A Chinese Ghost Story", the total box office of 100 million can be divided into 50 million.
The profits from peripheral products are even higher. Even if calculated based on 50%, 40 million can be divided into 20 million!
The sum of the two is 70 million, the cost is 37 million, and the profit is 33 million.
It may not sound like much. These days, if a movie that is a hit at the box office does not make hundreds of millions, you would be embarrassed to go out and say hello to people. But you must know that this is only the profit achieved by "A Chinese Ghost Story" when it was released in Hong Kong.
This movie is about to open in mainland China, and every box office share it earns will be pure profit. Even if the share ratio in China is relatively low, it will still be an astonishing figure, unless it fails.
Will "A Chinese Ghost Story" be a hit in Mainland China?
This possibility is really slim. If the quality of the film is not excellent, how can it conquer the discerning Hong Kong audience?
In addition, with the platform of Xiangjiang, "A Chinese Ghost Story" can easily be exported to Baodao, Macao and many countries in Southeast Asia. It may even land in Japan and South Korea. Lu Chen and Filia Chen are very famous in South Korea.
After all this, everyone suddenly discovered that spending hundreds of millions to build a world-class studio and special effects production team was not a big problem at all for the new company that was about to be established.
If you have money, of course you can do whatever you want!
As for the benefits of having a high-end studio and special effects team, it goes without saying.
The managers and supervisors of Filia Chen's studio were no fools. After a moment's thought, they understood that their attitude towards Lu Chen suddenly changed drastically. They became less contemptuous and disapproving, and more admired and respected.
In this circle, strength always speaks, and profit is the best way to prove strength.
Lu Chen has enough strength to realize his ambition!
After convincing everyone, Lu Chen took advantage of the victory and pursued: "Let's put aside the planning and construction of the company for now. The first important thing when the new company is established is the promotion of "A Chinese Ghost Story". I have expectations for the domestic box office of "A Chinese Ghost Story"."
"No less than 500 million!"
If it were any other young person who had to make a domestic box office of 500 million for his first movie, everyone would definitely sneer at him and laugh at his arrogance.
But facing Lu Chen, no one has any doubts now, and they even feel that this expected goal is not high at all.
If calculated based on the domestic box office of 500 million, then the profit brought by "A Chinese Ghost Story" to Chenfei Media will be 200 million, not counting the sales profit of peripheral products. ——
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