Chapter 334 Making Some Money (34)

Simply put, a performance-based agreement
It's a form of risk protection.

The investors' goal is very clear: to make extremely high profits in a short period of time.

Celebrities signing performance-based agreements are like making a solemn pledge. For example, if they sign at the end of 2018, promising to earn 1 million yuan for the company in 2019, and if they haven't earned the promised 1 million yuan by the end of 2019, they have to make up the remaining 2000 million yuan out of their own pockets.

At that point, pragmatism becomes very strong, and the works they produce are quite different from the ones they made with care before...

These kinds of performance-based agreements seem like they can be completed smoothly...

But in reality, very few have actually completed it!

Especially after 18, when hot money withdrew from the entertainment industry, it was simply impossible for you to complete the bet!

In the original timeline, Yang Mi had already completed a bet...

Many people say she has made a meteoric rise to become a capitalist…

Check the shareholding ratio...

Good grief, this guy's a working-class guy too!
Then many people don't understand, what's the point of you, a working person, working so hard to earn money?
Help your boss achieve financial freedom?

Don't tell me it's for my career...

I don't see how "Storm Eye" and "Novoland: Pearl Eclipse" have boosted her career...

Even below the average level!
Yang Mi continued, "You're really amazing. You've only been in the industry for three years, and you've already earned such a high net worth..."

Shen Yan waved his hand: "Making money is too easy for me... If I only wanted to make money, I wouldn't be an actor!"

"Just a couple of compliments..." Yang Mi couldn't take it anymore: "You're pretending now?"

"...I'm not bragging, do you know about Bitcoin?"

"I don't know... what is that? Game currency?"

"No, it's a cryptocurrency. I bought 5000 last year at $0.1 each, and now it's worth $26 each!"

"Wow! It increased 260 times?" Yang Mi exclaimed in surprise, "Did you sell it?"

"Sold 2000, then bought 5000, now have 8000..."

Yang Mi calculated the total value, then shook her head: "It's not that much money..."

Shen Yan chuckled: "You'll find out in a few years!"

"If you go to New York, I'll go too!"

Shen Yan looked at her with some surprise: "Don't you have any events to attend?"

The film "The Telephone" has grossed over 300 million yuan, and Yang Mi's portrayal of the psychopathic serial killer has received widespread acclaim...

In addition, "Love in the Buff" is also being shown.

Yang Mi should be busy with promotional activities or attending events during this time...

If she doesn't capitalize on this popularity to make a fortune, is she still Yang Mi?

"Yes..." Yang Mi smiled, "But I want to be with you...Aren't you touched?"

"... "

Of course I was moved. Having nothing left to offer, I can only share all my knowledge once again…

This time, she experienced what it means to be a man in his prime!
……

New York has a bunch of independent film companies.

Larger companies like Fox Searchlight and Sony Classics were established with direct investment from major Hollywood studios, and their decisions and operations are often dictated by their parent companies…

Smaller independent film companies, due to their smaller business volume, often have their entire film department (distribution, acquisition, public relations) as their sole function.

Primarily based on East Coast art schools, including NYU Tisch School of the Arts, Columbia University, Maryland Institute College of Art, School of Visual Arts, Emerson College…

Students from the East Coast mainly go to New York after graduation. There are many independent film production studios and crews that are based in New York for a long time. There are many groups of independent filmmakers on social networks, and they recommend jobs and projects to each other.

Of course, A24's business doesn't include production... They follow Miramax's path—relying on vision!

Harvey Weinstein certainly had foresight. In 1980, when the international human rights movement was in full swing, Miramax spent a lot of money to buy two British films and then hired professionals to edit the two films into one.

Yes, the two films were edited into one—"The Other Ball of the Secret Police".

This human rights film was tailor-made for the American market and indeed received a warm response. Miramax had its first hit film, which was a huge box office success. Amnesty International also praised the film, believing that it would help improve America's international image.

From then on, Harvey Weinstein mastered the secret to how niche films could achieve both fame and fortune.

After that, he elevated American independent films such as *Sex, Lies and Videotape*, *Shakespeare in Love*, and *The English Patient* to legendary status, and also made Tornatore famous with films like *Cinema Paradiso*, *The Legend of 1900*, and *Malèna*…

Logically speaking, Shen Yan should have sought cooperation with Harvey…

But Harvey is a very assertive person…

And they lack morality...

Let's stick with A24; at least they're relatively more principled.

The company has three co-founders: Daniel Katz, David Fenkel, and John Hodges…

Daniel Katz, who holds the largest stake, worked at Lionsgate for seven years before moving to an investment bank.
David Fenkel founded the independent film distribution company Oscilloscope;

John Hodges also served as the production and development manager at Big Beach—the company that produced Little Miss Sunshine…

Oh, Shen Yan is also a co-founder, holding a 20% stake…

After a brief tour of the company, Shen Yan took out a script and said, "Take a look at this script and see if it's worth producing!"

"The Purge..."

David Fenkel explained, "Shen is a screenwriter whose films have grossed $100 million in Asia!"

“The North American market is different from the Asian market…” Daniel Katz said, flipping through the script. After only reading the plot summary, he immediately changed his tune: “This script is excellent!”

The Purge...

A film that wins purely on its concept—a story about a future where, due to overpopulation, the US government implements a plan to allow all criminal activity for 12 hours in order to reduce the human population to some extent…

Human cleansing, legal violence!
With this concept... even if the story is utter garbage, people will still watch it!
Daniel Katz, who previously worked at Lionsgate, immediately recognized the value of this script…

“The script is good…” Shen Yan glanced at Daniel Katz: “Then you guys do it, saves me the trouble of going to Lionsgate!”

Why go to Lionsgate?

"They specialize in making R-rated horror movies..."

Daniel Katz immediately said, "We can do that too..."

"I would definitely prioritize our own company..."

"Then...this script..."

Shen Yan waved his hand: "If the box office exceeds 3000 million US dollars, I want 20% of the profits."

"Global box office?"

North American box office!

Daniel Katz nodded: "OK!"

In his opinion, $300 million would be enough to produce a decent film like "The Purge"...

As for the box office…

If managed properly—participating in a few independent film festivals and then promoting it on social media—there's a high probability that the box office will exceed $3000 million…

If it were Harvey, even if he agreed, the discussion would be much more detailed, such as regarding merchandise rights, DVD rights, etc.

But Daniel Katz immediately nodded!

They assume that profits include these.

(End of this chapter)

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