Lin Xiaoxiao was moved to tears, but also heartbroken. "No. 60 Feiyang Entertainment is no good! Baby, you deserve better!"
The day after the show's recording ended, Lin Xiaoxiao received Secretary Zhao's account statement. Although she had some expectations, the result still surprised her.
That's why talent shows are so lucrative. This talent show, with an investment of less than two million, actually earned over 137 million!
Lin Xiaoxiao's heart hadn't even had a chance to jump when she was shocked by the data from "Survival on an Island." This variety show basically didn't break even. After all, with an investment of 100 million yuan, no advertising or sponsors, and a prize pool of 50 million yuan, it was impossible to break even.
As for the copyright fees, because the talent shows on the two major platforms, Feiyang Entertainment and MY, were competing with each other, "Escape" was essentially blacklisted within the industry. The copyright couldn't be sold at all, and it could only be absorbed by its own film and television platform, so there was nowhere to earn copyright fees. Everything was going smoothly, but she underestimated the revenue from the show's derivative products.
The show "Survival on an Island" has 12 venues, each with a ticket price of 120 yuan per person. Each show lasts about an hour. In just the past two or three months, the ticket revenue has reached nearly 100 million yuan. Not to mention the other income brought by the islands rented by the venues, such as accommodation, catering, tourism and other sources of income, which adds up to tens of millions of yuan. Moreover, these figures are still rising every day.
With the upcoming long holiday in China, all the guesthouses and hotels on the island are already fully booked. The prices of accommodations in port cities outside the island, which usually have few tourists, have also skyrocketed, approaching those of popular first- and second-tier tourist cities.
In order to capitalize on this surge in tourism, the port city cracked down on unauthorized price increases, generating buzz and goodwill among tourists and making the island's tourism boom once again.
Lin Xiaoxiao has been watching helplessly as her once sparsely populated island has been overrun by hordes of people disembarking from ships. Her vacation island is now teeming with people, all her money is going to be earned by others, and the island has become a tourist attraction. She doesn't know whether to feel sad or sorry for herself.
The investment of 100 million yuan has indeed been spent, and theoretically, it has not been recouped. However, the extended projects have recouped their investment and continue to generate revenue. So, she should be considered to have fulfilled her promise to her older brother, right?
However, after the island became popular, Lin Xiaoxiao discovered that the money in her account was going in and out every day, and the amounts were quite large.
It turns out that after officially opening to the public, the island would face various expenses such as maintenance costs and staff salaries. Lin Xiaoxiao hadn't thought about making money before, so she figured since it would go bankrupt soon anyway, she might as well pay the staff more. After all, she used to make money for the boss every day, and now that she had transmigrated into a rich second-generation, she should at least make more money for the staff.
This results in a project bonus of nearly 100,000 yuan for a junior employee at Feiyang Entertainment, and even higher bonuses for key personnel. With such generous employee benefits, it's difficult for Lin Xiaoxiao to pocket all the money like other capitalists.
Once you factor it in, the annual maintenance costs of this island, as well as the subsequent upgrades to the facilities and employee salaries and bonuses, are not a small amount. Keep in mind that the minimum lease term for this island is 50 years, and when you calculate the expenses over 50 years, it's no small sum.
Moreover, the current popularity means a large flow of visitors. Once the hype dies down and the visitor numbers drop, not making money will be a minor issue compared to the maintenance costs and labor wages.
Lin Xiaoxiao felt an immense pressure. She had suddenly taken on 50 years' worth of expenses, along with hundreds of employees. Her small workshop had suddenly become a large company, and she was instinctively afraid. She worried about running out of money, the project losing money, what would happen to these people, and where she would get so much money.
These people in the company have all bought houses with their bonuses. What if she goes bankrupt and they can't afford their mortgages? What if they take their own lives? Wouldn't that mean she did more harm than good?
For capitalists, the bigger the business, the more money they make. But for ordinary citizen Lin Xiaoxiao, the bigger the business, the heavier the burden and the greater the pressure.
Before transmigrating, she was just an ordinary citizen, only concerned with her own little world and herself, and her mindset remained unchanged after transmigrating. Before transmigrating, Lin Xiaoxiao had only ever seen 30-year mortgages; she had never seen 50-year debt. If only she could directly convert her earnings into cash, she could use her own money to buy her own big villa and enjoy the pleasure of earning her own money to buy a house.
In fact, she has enough money of several million to buy a basic house, but the projects and employees on this island cost tens of millions each time. There isn't much readily available capital in the accounts, and it's not something her small heart can handle. With more tourists, the island's infrastructure needs to be expanded and projects need to be updated, and each expense is not a small amount.
Unless she had tens of millions in cash right now, she wouldn't even dare to dream of it. Her wish is really just to win the lottery, not to be given a golden goose to sit on every day. God of Wealth, perhaps you should re-check her wish list?
Talent shows do make money, but after deducting the prize money for the contestants, the high bonuses for other staff, and taxes, Lin Xiaoxiao can only earn a total of five million yuan, which makes her even more heartbroken.
Yan Zhaowei, the champion, earned 100 million yuan by participating in Lin Xiaoxiao's talent show, before taxes, of course.
The contestants earned more money than she, the director and investor, and Lin Xiaoxiao didn't know where to complain. She had to ask her brother for reimbursement for the two million yuan in costs. Who would have thought that she, the director of multiple hit dramas and variety shows, wouldn't even earn enough to buy a toilet in a large apartment in a high-end neighborhood? That's just too tragic.
After thinking it over, Lin Xiaoxiao decided to ask her older brother to reimburse her for the money she spent on the talent show.
As soon as the call connected, before she could even begin to complain, she heard her brother say, "Lin Xiaoxiao, you've come at just the right time. I'll have my assistant transfer you 100 million. If you need more money later, just let us know. Your next project will be a direct competitor to the S+ fantasy drama on the M platform. Give it your all and crush them."
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