Yuan Fenghui and Hunan Satellite TV have reached an agreement on the copyright contract.
It took nearly a month for Yuan Fenghui to use her superb negotiation skills and psychological qualities to negotiate the first drama copyright contract for Tianjiao Film and Television.
Is it profitable to make TV?
Regardless of whether others make money or not, Tianjiao is making a fortune.
Yuan Fenghui signed the copyright contract and immediately notified the other shareholders of the company.
"Seven years of exclusive broadcasting rights, 70 million in copyright fees!"
Yuan Fenghui's bottom line was actually "60 million for five years", but unexpectedly, Hunan Satellite TV wanted to sign an eight-year contract. Yuan Fenghui tried to raise the price, and both sides made concessions and finally reached a consensus on "70 million for seven years".
This is really a sky-high price.
"The Princess' New Clothes" has only 28 episodes in total, and the copyright fee of 2.5 million per episode has already reached the industry ceiling.
As for the extension of the authorization period to seven years, from September 2005 to September 2012, two years more or less will not have much impact on Tianjiao. Hunan Satellite TV does not care about the online broadcasting rights that Yuan Fenghui wants to retain.
The show sold a full 70 million.
The production cost of "The Princess' New Clothes" was only 18.2 million!
Wang Jun, who originally wanted to support his friend Li Zhentao and casually invested several million in a film and television company, was completely confused.
Is this how you make money by filming TV series?
Compared with other businesses, Wang Jun has never worried about Tianjiao's business. As a result, the return rate of Tianjiao's TV series is amazing. For Wang Jun, this money is like picking up something.
Qin Xianming was much calmer than Mr. Wang: "It's not the TV series that makes money, it's the reliable team that makes money. This is the result of both luck and strength."
Of course there are people who make money by luck, but you won’t make money every time by relying on luck alone.
Wang Jun and Qin Xianming both come from wealthy families. The huge profits from the copyright of "The Princess' New Clothes" only made them sigh for a moment without losing their composure. But for Wen Ying, the copyright fee of 70 million is a huge profit for her investment of 500,000!
After deducting business tax, various additional taxes and personal income tax, Wen Ying can get about 1.55 million including principal and interest. Wen Ying's heart is trembling with excitement: I can buy a house in Shanghai!
Wen Ying felt that it was not enough to just calculate her own dividends, so she also calculated for Xie Qian.
Xie Qian invested 3 million yuan, and just by relying on the drama "The Princess' New Clothes", Xie Qian can get 9.3 million yuan including principal and interest... Wen Ying, who was very excited just now, instantly shed tears of poverty.
So why do rich people get richer? Because they have more capital and can make more profits through the same investment channels!
This money really solved Xie Qian's urgent need. With this 9.3 million investment, there were basically no major obstacles in the early operation of the Shanghai Logistics Company.
When Wen Ying relayed this news to Xie Qian, Xie Qian, who never cared much about money, asked, "When will the money arrive? Have you heard from Teacher Yuan?"
Wen Ying immediately realized that something was wrong.
"Are you short of money? Teacher Yuan has already signed the contract today. Hunan Satellite TV will pay all copyright fees within a week. Tianjiao has one more procedure to go through, and the money should be distributed to us before August 15th. If you're short of money, you can use my share when the time comes!"
Not only did Wen Ying receive the 1.55 million yuan she invested in the drama, including principal and interest, but "Teen Idol" also prepaid her 30,000 yuan in royalties. Because "The Princess' New Clothes" sold for a high price in copyright fees, Yuan Fenghui had already said that she would give red envelopes to the main creators. Li Mengjiao secretly revealed to Wen Ying that the amount was 50,000 yuan.
The director, screenwriter, and leading male and female actors all receive 50,000.
Yuan Fenghui is generous. Since she is giving out red envelopes, she will not let anyone feel resentful, so Zhang Guangzhen and Wen Ying can both get 50,000!
Moreover, Yuan Fenghui did what he said and increased Wen Ying's part-time job fee at Tianjiao from 3,000 yuan a month to 5,000 yuan. He was determined to tie Wen Ying to Tianjiao Film and Television.
So what Wen Ying could lend to Xie Qian was not 1.55 million, but 1.6 million.
Forget it, I'll just collect my August salary and give it to Xie Qian. I can borrow 1.63 million.
Xie Qian knew that Wen Ying had been planning to buy a house in Shanghai.
With a budget of 1.6 million, Wen Ying can easily choose a house of her choice in Shanghai as long as she doesn't buy a villa or a luxury house.
Are you going to lend him all of it now?
Logistics companies are different from investing money in TV series. The filming period of a TV series is only a few months, and including the sale of copyrights, the time span for recovering the investment is not long either.
Logistics companies are different. Almost all the investment is required in the early stage, and even if they make money, they have to continue investing... Wen Ying lent him the money, but he couldn't guarantee the repayment time. How could Wen Ying buy a house in Shanghai?
“You’re not buying a house anymore?”
Xie Qian wasn't sure what answer he wanted to hear, but Wen Ying answered without hesitation: "Of course you have to buy it, but it doesn't matter if you buy it later. Aren't you in a hurry to use the money?"
Wen Ying really didn't think too much about it.
Of course, it would be best to buy when the housing prices in Shanghai are at their lowest.
But if she really missed it, Wen Ying wouldn't be so heartbroken.
There is no need to consider which one is more important, Xie Qian's or the house in Modu. Wen Ying will definitely choose Xie Qian's.
If she can't buy a house in Shanghai this year, she can still buy one next year or the year after. At the rate at which she is earning wealth now, it is impossible for her to not keep up with the rising house prices in Shanghai.
As long as you have money, you can buy a house in Shanghai at any time. Houses are inanimate objects and there is no such thing as a unique one. There are so many real estate projects in Shanghai that you can still pick out the house you like even if you miss a few.
But there is only one Xie Qian.
Not to mention how much her friendship with Xie Qian is worth, Xie Qian's purchase of land and establishment of a logistics company in Shanghai are all ways to accumulate strength.
Every bit of strength we accumulate now is a bit more capital to reverse Xie Qian's tragic fate in the future.
What's more, even without the more than one million yuan that Tianjiao got in return for the principal and interest, the royalties from "Teenage Idol" that are settled every three months are also an income worth looking forward to for Wen Ying. She can still buy a house, at most the price will be a little higher.
Xie Qian didn’t know what Wen Ying was thinking, but he could feel the heavy affection in her heart.
A myriad of emotions surged into Xie Qian's heart, completely defeating this young man with a very high IQ who could handle any situation with ease.
He had opened his mouth to refuse, but for some reason the words that came out of his mouth turned into agreement. His mood was like fireworks bursting into the sky, but his tone of voice did not give away any clues, and was even calmer than usual:
"Okay, lend me the money."
Xie Qian didn't say when he would pay the money back.
Thinking that Wen Cangshu was obsessed with buying a house in Shanghai, and he had borrowed so much money from Wen Cangshu, he had to be responsible for Wen Cangshu buying a house in Shanghai.
Xie Qian still needs to think about when to buy a house and what kind of house to buy.
"I'll only lend you 1 million. You can keep the rest. 'The Princess's New Clothes' sold for such a high price, Tianjiao will soon start filming its second series. 'The Princess's New Clothes' has eased Tianjiao's financial pressure. Tianjiao won't accept any individual investment for the second series...except from you."
Tianjiao will leave an investment opportunity for Wenying, and must also leave an opportunity for Wenying. If Tianjiao truly realizes the value of Wenying, he will find a way to bind Wenying tightly. There is no more stable way of binding than a community of interests!
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