The Spring Festival file was launched in advance, and the guarantee was released.
Editor’s note: This article is from the WeChat public account “Entertainment Business Watch” (ID: Wenyushangyeguancha), author of duckweed.
The big film guarantees are available every year. This year’s Spring Festival is the turn of “Auntie.”
On the evening of November 7, Hong Kong stock listed company Huanxi Media announced that it intends to authorize the distribution of “Auntie” to Hengdian Films at a total box office price of 2.4 billion yuan. Through this transaction, the media will be happy. Earn a guaranteed income of not less than 600 million yuan in advance.
At the same time, the two parties also agreed that Hengdian Films will invest 150 million yuan for the announcement of the film. If the final box office of the film is higher than 2.4 billion yuan, the higher part of the happy media will receive 35% of the revenue, and Hengdian Ying The industry will receive 65% of the proceeds.
“Auntie” is the third work of Xu Wei’s “囧 series”, formerly known as “Russian”, most of which were photographed in Russia, directed by Xu Wei, starring Xu Wei, Yuan Quan, and Shen Teng. The film tells the story of a pair of mother and child, and has booked the Spring Festival 2020 in advance.
Hengdian Film is a wholly-owned subsidiary of Hengdian Holdings. Its legal representative is Xu Tianfu, and is also the chairman of the listed company Hengdian Film and Television. This means Hengdian Film is a member of Hengdian Department.
Therefore, this thing can be understood as Hengdian Film’s total box office price of Hengdian, which guarantees the Spring Festival movie “Auntie” produced by Happy Media.
“Auntie” received 217 million yuan in investment, Xu Wei alone for nearly 100 million yuan
The “Auntie” project has been a star project on the market since its launch.
On the evening of February 26, 2019, the listed company in Hong Kong was happy with the media.The cloth announced that a series of agreements were signed on the new movie “Auntie” and Xu Wei, which involved the fund’s whereabouts. The main points are as follows.
One is that Joy Media will pay 100 million yuan of related third-party service contracts to the real music channel of Xu Wei for the movie “Auntie” project;
The second is to pay the 30 million yuan production fee of the real music channel held by Xu Wei for the expenses of other team production staff;
The third is to pay Xu Wei a director fee, scriptwriter fee and supervision fee of 27 million yuan, 10 million yuan and 10 million yuan respectively;
The fourth is to pay Xu Wei a starring fee of 40 million yuan, all of which are tax-included.
According to the information, Xu Wei and his spouse hold 51% of the shares of Zhenle Road, which is the controlling shareholder; Xu Wei also holds 439 million shares of Joy Media, with a shareholding ratio of 15%, so this agreement constitutes a connected transaction.
This means that Joy Media will pay a total of 217 million yuan to Xu Wei and Zhenle Road. The production cost of the main team is 117 million yuan. Xu Wei received a total of 87 million yuan with the supervisor, director, screenwriter and starring role. Remuneration.
This is the first time a first-line star has announced the details of the film production in such detail. Entertainment Business Monitor was in the article “embarrassing mother” Power That is, an investment of 217 million yuan, in which it is predicted that, according to the style of Joy Media, the film is likely to be guaranteed at a high price in the final stage such as “Crazy Alien”.
The development of things more than eight months later is as expected by the entertainment business observations, but the guaranteed price of this movie is not as high as the “crazy alien” of 2.8 billion yuan, and the guarantee is not as good as the light media. Well-known in the industry, but no matter what, Xu Wei and Huanxi Media have locked in the gains in advance.
The Spring Festival 2020 file is opened in advance, “Auntie”, “Tang Detective 3”, “Chinese Women’s Volleyball Team” competes fiercely
“Auntie” is the third work of Xu Wei’s “囧 series”. It was announced nearly a year ago to announce the 2020 Spring Festival. Now it seems that the pressure is very big, because it faces the same powerful competitors. .
According to incomplete statistics, near