Debuted right after graduating from high school
Chapter 716 Hit IP
Big businesses require a lot of capital and have high barriers to entry, which sometimes makes them easier to do because there aren't as many people causing trouble.
In contrast, companies like Shanzhaiwang Media, Hengdian Wanxian Film & Television, and Shenghuo Miaomiao are facing increasingly fierce competition.
A group of screenwriters, film and television company owners, and directors repeatedly analyzed why hit dramas such as "My Love from the Star," "The Lonely and Great God," and "City Hunter" starring Huang Shengyi became popular. They found templates to follow and created countless scripts, which resulted in a number of film and television dramas with good ratings.
Even coal mine owners can easily cross over into other industries, which shows that as long as you have capital, the barrier to entry is not high.
Especially after Fan Wumian's profits fully proved that investing in film and television dramas could indeed make money, the number of film and television dramas that were approved for production this year has increased by about 40% compared to the same period last year.
I've heard that film crews line up to start work at Hengdian World Studios from morning till night. It doesn't matter that mainland TV stations limit the number of period dramas they can broadcast; some small production crews can sell their finished films directly to Hong Kong, Macau, Taiwan, Southeast Asia, Japan, and South Korea and still earn some revenue.
Behind this lies the fact that the "Chinese Wave," which Fan Wumian had popularized in advance, began to seize the surrounding Asian markets from the "Korean Wave," thus giving rise to some new business opportunities.
Although most investors can only participate and end up making no impact, the sheer volume of films and television series produced means that some lucky ones will inevitably emerge.
Companies like Alibaba, Sohu, and Baidu have also entered the market, leveraging their strong capital to acquire some well-known film and television companies and launch numerous large-scale production projects.
As long as Tudou.com's leading position remains unshaken, the more hit TV dramas and movies there are on the market, the more beneficial it will be for Fan Wumian, as it will attract more users to watch dramas on Tudou.com and enrich the resources in the film library.
Blockbuster movies in the market can also help cultivate the habit of young people watching movies more often, thus making the market bigger together.
He didn't care much about others taking food from his bowl, but his executives were very enthusiastic and started to actively expand the peripheral market, trying to collaborate with Chow Tai Fook Jewellery, Orange Light Stationery, toy and model companies, etc., to create a series of celebrity peripheral products.
When the Chow Tai Fook gold commemorative card with his own image printed on it was placed in front of Fan Wumian, he was completely stunned and said to the person in charge of the peripheral products department surnamed Pan:
"The gold card looks exquisite, but isn't that a bit too narcissistic? And the model toys are a bit rough in workmanship. We need to find a toy company with better craftsmanship. If all else fails, we can make a cartoon version. There's no need to pursue realism so blindly."
Manager Pan, having rarely had the opportunity to meet Fan Wumian, was very proactive, saying:
“Okay, I’ll get on it right away. Zhou Dafu Jewelry Company is willing to give you HK$500 million for your image, it seems like it’s for advertising. If sales are good, they will also issue commemorative gold cards for Liu Yifei and Zhuang Muxi, and they will pay us the same image fee and sales commission.”
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As expected of one of the four most powerful families in Hong Kong, they're quite generous. Fan Wumian looked at the commemorative gold card again and added:
"Alright then, consumers are mainly here to hoard gold anyway, the printed designs are secondary. With the current gold price, they won't lose money. Don't over-promote it, just say it's Zhou Dafu Jewelry Company's idea. Those posters are fine, they're all quite nice."
Manager Pan's tone was smiling:
"The main reason is that Mr. Fan is handsome. Orange Light Stationery will also give you 500 million RMB for his image. Initially, the authorization will only be for one year. We will make a decision after seeing the sales situation, but we need Mr. Fan to cooperate with them to take a few sets of photos."
Don't underestimate the power of selling stationery. The student population in mainland China is enormous, making this a lucrative market with substantial profits.
Fan Wumian sighed with emotion:
"It's rare to find a company that follows the rules. Stationery with my photo printed on it is everywhere on the market. I haven't been able to get paid and I simply can't manage it all."
“Since I started my business, the number of big spenders who want me to be their spokesperson has dropped sharply. They all think I look down on the little money they have.”
"Why don't you come and give it a try? Maybe you'll have a chance?"
Although he's not so concerned about the revenue from advertising endorsements anymore, if someone comes along and there's no major conflict of interest, Fan Wumian wouldn't mind taking on a few more. There's no reason to turn away money.
Unfortunately, Fan Wumian is now so rich that countless brands subconsciously exclude him when considering who to endorse their products.
Manager Pan just smiled and changed the subject, asking, "I heard that you, Mr. Fan, have set up a separate copyright department under your personal studio. Will there be any work adjustments at Shanzhaiwang Media? Several employees have recently asked me if we will be moving to Hong Kong."
Fan Wumian waved his hand and said:
"This newly established department mainly manages the copyrights of cartoons and films, which doesn't conflict with your business. Take your things back; I have some things to do later. Drive carefully."
Manager Pan was slightly disappointed and quickly said:
"Okay, okay! Sorry for taking up Mr. Fan's time."
Speaking of the IP copyright business, Fan Wumian handed over his work some time ago and recently acquired the full copyrights to Ali, South Korea's Backkom, and Japan's Chips' Sweet Home.
As for One Piece, the offer to acquire the peripheral copyrights has been explicitly rejected. The price for the live-action film and television adaptation rights is quite reasonable, only $75. It is estimated that they are thinking of selling it at half price to further expand the influence of the One Piece anime and make money from other sources.
In contrast, the live-action film and television adaptation rights for "Dragon Ball" were bought by Fox back in 2002. Not only did they ask for a whopping $1000 million for the rights, but they also demanded a 15% share of the box office revenue and were only willing to license the rights to film one movie.
Why would I go to all that trouble to do something that would benefit someone else? Fan Wumian gave up and decided to let things cool down first.
If the Dragon Ball IP is developed well, it could actually be turned into an Asian version of the Superman series.
Fan Wumian was quite envious of the Dragon Ball copyright. In his previous life, Fox did indeed hire Stephen Chow as a producer to make a film called Dragon Ball: The New Evolution, but it did not achieve the expected results at all. Instead, it was ridiculed for being neither fish nor fowl.
With a production cost of $4500 million, it grossed over $5000 million worldwide, successfully ruining a classic blockbuster IP.
In recent years, news about a live-action "Dragon Ball" has surfaced from time to time. Fan Wumian felt that it would be better to wait until Fox completely messed things up before trying to pick up the pieces. In any case, there was probably not much competition, and it would be safer to wait until the mainland market developed. The Japanese, Korean, Hong Kong, Macao, Taiwan and Southeast Asian markets alone could not support a big-budget special effects science fiction movie.
Compared to simply filming according to the original work, he felt that it would be easier to move towards science fiction and recreate a "Dragon Ball Universe" to capture the European and American markets and make the entire IP a success.
This matter isn't urgent. On the contrary, the wildly popular "Peppa Pig" in the UK has set a price that left Fan Wumian speechless: £3000 million is required for the company owner to be acquired.
Peppa Pig was launched in 2004 and became a hit in the US market in 2005, deeply loved by infants and mothers. The asking price of £3000 million was not too expensive compared to its development potential, but Fan Wumian still wanted to wait and see if the global economic environment would be sluggish before trying to lower the price.
In this way, we can take advantage of the time difference and use our funds in more profitable areas first.
After seeing Manager Pan off, Fan Wumian took a car to the Sapphire Blue Music Studio.
Having worked with this music studio for so long, it was rare to receive a call from its owner saying there was something important to discuss.
When Fan Wumian met with the other party, he learned that an intern had been dishonest and had copied the new song "Can We Do It?" which he had recorded in his spare time some time ago, and then sold it to a paparazzi for HK$20.
It's not a big deal.
Fan Wumian immediately called the person in charge of Tencent Music and said that he wanted to put the song "Can We Do It?" on the platform for free.
To put the owner of Sapphire Blue Music Studio at ease, Fan Wumian then went to a tea restaurant to buy a braised pork rice to fill his stomach.
Before he had even finished his meal, he received a call from the family office, unexpectedly learning that his sixth uncle from TBV had just sent someone to ask if he wanted to acquire TBV. (End of Chapter)
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