The remaining budget of the crew remained unchanged and was used for publicity and promotion, while the profits were recorded in another account book and shared among the parties. Blue Whale finally saw the first payment after Wei Yang took over.
The number is not bad, about 15 million. If everything goes well in the future, there will be more than 12 million left, and it should be available before the end of the year.
The premise is that nothing unexpected happens! The film and television industry has always had the problem of difficulty in collecting payments. The film industry is not so bad. After all, the cinema market is unified, and the money earned is the audience's real money. Basically, after the film is released, you will get the box office share 3 to 6 months later.
As for other income from television copyright, overseas copyright, commercial advertising, network copyright, peripheral derivatives, etc., dividends will be distributed regularly according to the set cycle.
The TV drama industry, including the later online dramas, is relatively complicated because the platforms are not unified.
When you get the money and how much you get depends on when the TV station and website give it.
Leaving aside online dramas and platforms, in the current TV drama market, distribution is still very particular.
The TV station will not pay you all the money at once. It will be divided into three stages: signing, receiving the tape, and broadcasting. Under normal circumstances, the balance will be settled 20 to 30 days after the TV series is broadcast.
Of course, this is only under normal circumstances. Currently, there are no more than 10 TV stations in the country that can do this.
Most TV stations are lucky to get 50% of their payments back in the short term, and it may take two to three years to settle the balance.
There are even cases where some accounts are left unresolved until the end.
Many film and television companies go bankrupt even if they are able to sell their dramas because they are worn out by debts.
That’s why producers like to cooperate with big TV stations in Shanghai, Hunan Province, and Jiangsu Province, because they pay generously.
Many film and television companies would rather sell their products at a lower price than to large TV stations that offer higher prices. The reason is that the latter offer higher prices, but they don’t know when the money will be paid.
Weighing the pros and cons, no matter how much or how little you earn, it is definitely better to get the money first.
But then again, this is a normal TV drama market, and some popular dramas can still avoid this situation.
After all, no matter how poor a provincial TV station is, it still has a budget of tens of millions to purchase dramas. Add to that the advertising revenue, and they are willing to spend a lot of money to buy a hit.
"My Dear Lady" is the hottest upcoming drama in the industry, and it is co-produced with two major TV stations in Hunan and Jiangsu provinces, so there is no need to worry too much about the balance payment.
On the contrary, I have to grumble about the next two or three rounds.
Blue Whale still has unpaid debts for "The Best of Us" and "Orange Is Born in Huainan".
However, if the first broadcast data of "My Love from the Star" is really impressive and it is snapped up by various TV stations, the price will be increased and the payment method can naturally be negotiated.
But that's all in the future. Now that the funds have arrived, Wei Yang no longer has to worry about Blue Whale collapsing.
He can also take out his own money to fill some holes and become debt-free (except for the mortgage)…
At the same time, Wei Yang, who finally had money, could no longer suppress his ambitions.
I want to build a career!
…
Blue Whale Conference Room Wei Yang met with several company executives and discussed the company's next steps.
The short-term focus will definitely still be "My Love from the Star", but we can't just waste time on one project.
In the past, Blue Whale had no money, so no matter how many ideas he had, he had to keep them to himself. Now that he finally has the confidence, he can do more.
Currently, Blue Whale has another project called "The First Time in My Life" in hand, in which it is cooperating with Tangren. One party provides funding for the script and participates in production, while the other party provides funding and leads production, with the profits split 50-50.
The investment in this drama is not high. The total investment will not exceed 10 million. It is estimated that 7 to 8 million will be enough.
Each side paid half, and Blue Whale could definitely afford it, but Wei Yang did not take it all directly.
"Boss Sun was very interested in continuing to invest before, right? We can talk to him and let him put up 3 million yuan in funds, and we will give him a 15% to 20% share."
This Boss Sun is one of the investors of "My Love from the Star" and is also a coal boss. However, the scale of his business is far smaller than that of Lao Zheng and that Shao Han.
But Wei Yang liked him very much. He was quick to give money, didn't like to get involved, and didn't know much about the business. How you operated was your business, and in the end all you had to do was make money for him.
Blue Whale has a small capital and the film and television industry is risky. Even if Wei Yang cheats, he cannot guarantee that he will make money on every project.
Naturally, we need to involve more people to share the risk!
For example, in the project "The First Time in My Life", Blue Whale took out a small share to directly meet most of the investment funds.
It is equivalent to spending the least money and earning the most, which is equivalent to getting half for free.
Wei Yang is quite particular. He calculated that he was listed as the screenwriter of "First Time in This Life", and the cast and plot were also acceptable.
If everything goes well, Boss Sun will get 15-20% of the shares for 3 million, which is still a profit.
If you help others make money, even if you make more money, normal businessmen will think you are capable and may even continue to cooperate with them next time because you helped them make money.
Boss Sun may not understand film and television, but he may know that Blue Whale is taking advantage of him for free.
But what does that matter? The project channel belongs to Wei Yang, so he has the final say on how to divide the profits. As long as he can make money, that's all!
This is the case with "My Love from the Star". His investment ratio and the share he received were not fair, but Boss Sun saw the return on his investment.
This was the first time he made money after investing in three or four film crews, and according to the rough estimate of Blue Whale, his final return on investment was at least over 35%.
Such a high return on investment, with a period of less than a year, is certainly not comparable to usury, but it is definitely more worthwhile than depositing it in a bank, and the money is earned cleanly.
For some coal bosses, the latter is more attractive than a high rate of return...
If you want to expand in the film and television industry, you cannot do without financial support. Relying on yourself to generate revenue is too slow and risky.
For example, Tangren and Cai Yinong are conservative in character and are particularly wary of capital. They are always used to producing their own products and running them in a workshop style.
This work is organized and uploaded by Liujiu Book Bar~~
The advantage of this is that the company has a monopoly, high degree of freedom and voice, but the disadvantage is that all funds are tied up in one play, which makes it difficult to turn around and expand operations, and the risk is extremely high. Once a play fails, the company will suffer a serious blow.
Wei Yang does not intend to follow the example of the Tang people, but he will not raise large amounts of funds to attract foreign capital either.
This money is easy to get, but there will be endless troubles! Although Cai Yinong of Tangren is conservative, he is not ignorant of the benefits of attracting foreign capital. The most important thing is that he is afraid of being kicked out, so he would rather not expand and keep his hard work.
Similarly, Wei Yang can create content and manage his own company, but he has no confidence in following the business tactics of the greedy capitalists.
Wei Yang is somewhat conservative in nature, but he doesn't want to follow in the footsteps of the Tang people, so he has been thinking about how to use foreign funds safely.
This will not only allow the company to have money to use and grow, but also prevent it from being usurped, and help it maintain its independence and voice.
The key then lies in selecting the source of external funds and trying to distribute only money without dividing power.
It is hard to say what the future will be like for now, but judging from the current market environment, Wei Yang feels that coal bosses are relatively good partners.
Rich, but not power-hungry! If possible, Wei Yang's next focus will be on contacting coal bosses and local capital in Shanghai. They have money, power, and connections, plus some film and television companies around Shanghai that have cooperation and communication.
It's hard to say whether you can dominate the entertainment industry, but there is still hope of making a small mountain...
"This is the First Time in My Life" was a collaboration with Tangren, and a portion of the money had to be given to other investors. The profit was not that much, and it was mainly for promoting people.
Another project that Wei Yang values more is the focus on profit.
This is "Hello, Old Times", one of the Zhenhua trilogy mentioned earlier.
The novel of this drama has been released. The creative background is somewhat different from the original time and space, but there are still many similarities.
Wei Yang once thought about writing it himself, but later felt it was too troublesome, so he simply bought the copyright, modified it a little, and made it the last part of the trilogy.
With the first two works as a foundation, "Hello, Old Times" will definitely have no trouble selling, and it will definitely not be sold cheaply.
In addition, the cost is limited and the rate of return is very considerable, so Wei Yang decided without hesitation to let Blue Whale have the meal all to himself.
The estimated cost is 10-15 million yuan. The female lead is Liu Shishi, and the male lead is just like Hu Ge was invited to star in the previous film "Orange Born in Huainan". The purpose is to gain exposure and increase the price. At least one of the male and female leads must be responsible for publicity and promotion.
Now that "Hello, Old Times" has Liu Shishi, plus the fame of the original work, the attention will definitely be enough. So there is no need to hire a too famous male lead, the cost-effectiveness is not high, so it is better to use it to promote newcomers.
But whether Blue Whale should promote it itself or exchange it for benefits, Wei Yang has not figured it out yet.
The project "Hello, Old Times" was successfully launched with almost no obstacles.
When Wei Yang took over, many people at Blue Whale thought that he would start with the Zhenhua Trilogy, but he ended up taking a gamble and shooting My Love from the Star.
Now that Wei Yang has won the bet, Blue Whale’s strength has increased dramatically, and it can handle this project with ease, adding to the company’s strength.
After "My Love from the Star", the Blue Whale team has grown a lot in all aspects.
Not to mention, with the experience of the first two films, filming "Hello, Old Times" was a piece of cake.
Wei Yang also gave up some power for once, and director Liu Junjie and the producer were responsible for forming the crew. If all goes well, filming can start at the end of this year or early next year.
After talking about the two low-budget dramas, Wei Yang finally talked about the highlight of the day, which is also the real core project of Blue Whale in the next step——
The East Palace
The next chapter is lost, wait for me for two hours (end of this chapter)