Chapter 347 How to spend this money?
"mail?"
Lin Weimin went out and saw the postman. Because it was international mail and Lin Weimin happened to be there today, he needed to sign for it in person.
He took a look at the address and name on the package, and it was just as he expected, it was sent by Comrade Lao Mi.
He returned to the office with the package, and Wang Shuo and Tong Zhonggui stood there with curious looks on their faces.
"Just go about your business!" Wang Shuo said shamelessly, almost making Lin Weimin think he had walked into the wrong office.
He shook his head helplessly and opened the package. Wang Shuo and Tong Zhonggui immediately turned their heads.
The things were similar to last time, including a letter, photos, and information. Lin Weimin read the letter first.
Arthur Miller said in the letter that not long after he wrote to Lin Weimin last year, "The Intouchables" was scheduled to be performed on Broadway, but due to venue issues, it was delayed until January of this year.
Last month, Arthur Miller's copyright management company just settled the surplus of last season's performances, and Arthur Miller was ready to wire the royalties to Lin Weimin, but the amount was relatively large, so he wrote a letter to inform him in advance.
Lin Weimin looked at the number Arthur Miller had written in his mind and a satisfied smile appeared on his face.
Not only is Lao Mitou awesome, Lao Mi is awesome too!
Over a three-month period, "The Intouchables" was performed eight times a week, for a total of 99 performances, which brought Lin Weimin a cumulative profit of 340,000 US dollars. This amount was after Arthur Miller's copyright management company handled Lin Weimin's taxes.
Lin Weimin made a rough calculation in his mind and found that this was more than 1.4 million Mi Dao in that year.
In addition, this time there is also a settlement of the performance share from Off-Broadway before entering Inner Broadway, which is approximately 30,000 US dollars.
As long as "The Intouchables" continues to perform on Broadway and generates box office revenue continuously, Lin Weimin's share of the profits will not be interrupted. At least for a few years, he will have a very lucrative income.
In addition to the profit sharing, Arthur Miller also told Lin Weimin in the letter that he had registered "The Intouchables" for this year's Tony Awards.
The Tony in Tony Awards is not the Tony for haircut. Its full name is the Antoine Perry Award. It was established in 1947 by the American Theatre Association in memory of Ms. Antoine Perry, one of the founders of the association.
After decades of development, the Tony Awards have been recognized as the highest award for drama and musicals in the United States, and the awards ceremony is held every June.
Counting the time, there is less than a month left until the Tony Awards ceremony, but I don’t know if this play will win an award.
Lin Weimin did not take the award to heart. It was a pleasant surprise that "The Intouchables" could generate millions of dollars in profit for him every year. As for awards, which are honors, it would be best to get them, but it would not matter if he did not.
After putting down the letter, Lin Weimin picked up the photos and materials again.
There are stills from the performance, group photos of the actors, and reports from various English media.
Seeing Wang Shuo and Tong Zhonggui looking curious but not daring to look, Lin Weimin handed the item to them and said, "Look if you want!"
Wang Shuo's eyebrows flashed with joy. He took the thing and looked at it for a few seconds, but found sadly that he could not understand anything else except those photos.
Tong Zhonggui glanced at it and asked in surprise, "Teacher Lin, is this the report on your film "The Intouchables"? "
Lin Weimin nodded and said, "Yes. It was performed on Broadway last year and on Inner Broadway this year. Its influence has expanded a lot and more media have reported on it."
Tong Zhonggui looked at the newspapers with amazement on his face.
Last year, everyone heard that Teacher Lin's works were performed on the Broadway stage in the United States. Tong Zhonggui even went back and flipped through a few books on "Foreign Drama". There were only a few words about Broadway in the books, but he could still feel the status of Broadway in the Western theater world.
"Teacher Lin, what is Inner Broadway?" Tong Zhonggui asked.
He only knew that Broadway was the pinnacle of American drama and musicals, but that was all.
“There are hundreds of theaters of all sizes along Broadway, but only the 41 theaters recognized by the Broadway League can be truly called Broadway theaters, which we call Inner Broadway.
These theaters are basically concentrated in the area south of 54th Street, north of 41st Street, east of 8th Street, and west of 6th Street. This is one of the most prosperous areas in New York, and the famous New York Times Square is located in it.
Most of these 41 theaters belong to several theater groups. For example, the Schubert Group owns 17, the Nederlander Group owns 9, the Zhu Zhanxin Theater Group owns 5, and the remaining 10 belong to the Global Island Group, the Ambassador Theater Group, etc.
In addition to these Broadway theaters located in the core area of Broadway, there are many small and medium-sized theaters outside these theaters, and these theaters are collectively referred to as Off-Broadway Theaters. "
Tong Zhonggui listened to Lin Weimin's explanation and nodded his head like pecking at rice. Following Teacher Lin, he gained some new insights.
"Weimin, how much royalties can you get for performing this play in the United States?" Wang Shuo asked.
"This is calculated based on the number of performances and attendance. The American drama market is completely market-oriented. If it's not good, it's not good. You won't be able to perform at all.
If it works, we can have one show a day, or even two shows a day, hundreds of shows a year, and then divide the profits according to the box office.”
Lin Weimin's bland introduction could not satisfy Wang Shuo's strong curiosity, "So how much money can you give?"
Lin Weimin glanced at him and said, "You were the one who asked this question, so don't blame me."
"A three or four thousand meter sword fight!"
"A three or four thousand meter sword?"
Wang Shuo suspected that he had heard it wrongly, "How much did you say?"
"Three or four thousand."
"One?"
"Um."
Wang Shuo's brain was a little confused. "How many performances can you perform this play in a year?"
"Based on the current situation, there are probably more than 300 games a year."
His brain was indeed not enough, and Wang Shuo subconsciously wanted to count his fingers.
At this time, Tong Zhonggui answered Wang Shuo's questions, his voice a little dry.
"That's 1.3 million Mi Dao per year?"
Lin Weimin nodded, "Almost!"
There was a brief silence in the office. Tong Zhonggui and Wang Shuo were both shocked by this number and were speechless.
After a while, Wang Shuo suddenly thought of a possibility and asked, "How many years have you been performing in this play?"
"I don't know. Anyway, as long as the attendance is good, it shouldn't be a problem to perform for three to five years."
Then this number needs to be multiplied three or five times!
Wang Shuo looked at Lin Weimin, and a sense of anger inexplicably rose in his heart.
Damn, this pretty boy, not only is he handsome, he's also so talented!
The key point is that you are also a writer, so how can you make so much money?
This is not fair!
"What's that look?" Lin Weimin asked.
The jealousy from peers is too blatant and undisguised.
Wang Shuo felt guilty for a moment, "Is it not okay for me to take a look?"
"Look at your ass! I told you to write well but you didn't. You are jealous of others making money. He~tui!"
Wang Shuo was not angry even though Lin Weimin spit on him. He was indeed jealous.
"Hey, what do you think if I write a script?" Wang Shuo suddenly had an idea.
Lin Weimin looked at him in surprise and said, "Don't just go wherever you can make money. If you are too eager for quick success, your writing will only get worse. If you have the time, you might as well work on two decent works. Then people will come and ask you to adapt them."
Wang Shuo thought about it and said, "That's true."
He couldn't help but sigh in his heart. After all, he couldn't compare with Lin Weimin, that beast.
It’s better to write a few more novels. As long as the novels are well received, there will definitely be people who want to adapt them.
A few days later, Lin Weimin received a notice from the Bank of China that an international wire transfer had arrived.
He went to the bank and transferred all the royalties from the wire transfer to his own foreign exchange account.
Seeing that the balance in his account had exceeded 1.5 million US dollars, Lin Weimin became a little worried.
How can I spend so much money?
He's really not being pretentious.
Anyone with a little financial knowledge knows that putting money in a bank is like working for the bank.
In addition to buying houses and hoarding antiques, should I also do some financial management?
Lin Weimin thought about it in his mind. The only thing he remembered about 1985 was the appreciation of the Japanese yen.
Teacher Lin knew nothing about financial methods. He chose the most simple method and directly exchanged the rice and knives in his account into Japanese yen.
Under the strange and puzzled looks of the bank staff, Mr. Lin's one million rice knives were exchanged into Japanese yen.
The next step is to wait for the yen to appreciate and then exchange it back for rice and knives.
He thought to himself that he was a layman in finance and did not have a strong desire for money, so this method was the safest.
As for the remaining money...
"Teacher Lin!"
"Teacher Lin!"
Donglaishun, Ma Dudu and Li Guangfu came as agreed and greeted Lin Weimin politely when they saw him.
On the dining table, the copper hot pot was already boiling, with steam rising.
"Sit down!" Lin Weimin said to the two of them, and then shouted to the waiter, "Serve the meat!"
When the mutton is served, pour it directly into the copper hot pot and quickly take it out with chopsticks after a dozen seconds.
Eating three plates of meat first is a basic respect for Donglaishun.
After eating half full, they slowed down and had time to talk.
After chatting for a while, Lin Weimin finally told the real purpose of today.
Just two words - spend money.
Li Guangfu and Ma Dudu looked at each other, and Teacher Lin started again.
"This is what I think. Guangfu, please help me find a house. I won't be picky this time, I'll just take one that's in a similar location.
Dudu, when you have time, please help me look for some antiques. "
Lin Weimin’s division of labor was very clear: one bought houses and the other bought antiques.
In order to get help from others, Lin Weimin naturally had to give them some benefits. One hundred yuan in foreign exchange coupons per month was higher than the two people's salary at work.
Ma Dudu likes collecting antiques very much. It is not only his hobby, but also a way to exercise his eyesight and earn a considerable income. Why not do it?
On the contrary, Li Guangfu felt a little distressed. If he continued like this, he would really become a contractor.
Teacher Lin, I am an actor!
(End of this chapter)
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