Huayu Entertainment: Tianxian really wants to improve

Chapter 225 The Box Office Continues its Rampage

"Hey?"

Liu Yifei looked at the microphone with a puzzled expression.

I don't understand why Gu Bei suddenly disappeared.

She looked up at Jackie Chan and Jet Li, who were both looking on with curiosity.

"Judging from your performance, it should have grossed at least seven or eight million US dollars," Li Lianjie said with a smile. This opening day box office was within the normal range for a film with a budget like Twilight.

"I think it's definitely more than that; the box office revenue from the movie theaters must be much higher than that."

Jackie Chan thought of what had just happened at the movie theater.
They were all sixteen or seventeen-year-old girls, and none of them knew him.

Liu Yifei looked at the two of them and smiled: "Twilight's opening day box office was $5200 million!"

now,

Liu Yifei was also overjoyed.

Their share of global distribution rights is not high.

However, after carefully reviewing the film's revenue some time ago,
Liu Yifei then discovered that the revenue from distribution rights was just the tip of the iceberg; the revenue from the distribution rights of the two films, Whiplash and Summer, only accounted for about one-third.

Excluding other income from the issuance rights
Only the publisher, Summit Entertainment, took 20%, while the majority (80%) belonged to them.

"This……"

Li Lianjie felt a little dizzy.

This result is ridiculously exaggerated!

He had initially guessed seven or eight million dollars, but the actual results showed a seven or eight-fold increase.

Moreover, he had previously thought that when The Forbidden Kingdom was released in the second week of Twilight, it might be able to compete with Twilight for the weekend box office crown.

Now it seems,

At least in the North American film market,
The King of Kung Fu is about to be completely crushed by Twilight.

Jackie Chan, standing to the side, also showed a hint of emotion: "It seems that Gu Bei has completely established himself in Hollywood!"

Since his failed 80-day round-the-world trip, his commercial value in Hollywood has plummeted.

Even at the peak of the signature series, the downward trend could not be stopped.
And the current version of The Forbidden Kingdom is clearly unable to salvage the situation.
Just when he was about to leave Hollywood A-list productions, Gu Bei suddenly rose to prominence, with three films each stronger than the last.
In just one year, he took over as the most powerful voice of Chinese people in Hollywood, which made Jackie Chan feel a sense of generational change.

The opening day box office performance of Twilight.
This left the two kung fu kings somewhat emotional.
Meanwhile, Twilight's box office continues its meteoric rise.

On the opening day of the release,
Twilight directly impacted the North American film market.
It jumped from $480 million on Thursday to $8000 million on Friday.
Excluding Twilight, the other 55 films combined only grossed $2800 million.

I initially thought it would be a five-movie battle, but it turned out that apart from Twilight, the other four movies were no match for it.

The eyes of the entire Hollywood

All of this has been focused on Rose Pictures.

This fledgling production company, established just over a year ago,
The three movies released so far have all generated incredibly high returns!

……

Weinstein Co.

Harvey looked at the newspaper article about Twilight.

One page was filled with the movie title and the opening day box office figures.

I thought everyone was making independent films, but it turns out you're making commercial films?
Harvey is still full of energy, waiting for this year's awards season.
Let Weinstein's filmmaker, The Reader, and Gu Bei's artist have a showdown.
First, let Gu Bei know that Hollywood independent films are affiliated with Weinstein, then prepare to take Gu Bei in and let him use his talents at Weinstein Company.

But with the release of Twilight, this plan completely failed.
Because this film series alone is enough for Gu Bei to start his retirement life now.
The profits from this film series are enough for Gu Bei to make independent films for a lifetime; whether he wins awards or not doesn't matter.

"Fortunately, I still had a chance to collaborate during the Oscars party."

……

Paramount Pictures.

"Crash!"

A commotion erupted from the chairman's office.

Brad Gray, the current chairman of Paramount Pictures, stood panting, his face filled with anger.

He's furious right now.

They were all sent to that reporter from last year's Entertainment Weekly.
It was this reporter who leaked his sarcastic remarks about Twilight during an executive meeting to the outside world.

After the success of Twilight, he was essentially branded with shame, and his past statements were dug up by various media outlets.

Public opinion is secondary.
The key point is that he was the one who rejected the Twilight project and allowed the copyright to expire.

Brad took a breath: "The most important thing now is to find someone to take responsibility for abandoning Twilight City."

……

Warner, Sony, Universal, 20th Century Fox, Disney...

Hollywood reacted quickly, immediately starting to sort through its copyright holdings to see if there were any similar Twilight titles that could be adapted into films.

On Saturday,

Twilight's daily box office has plummeted.
It dropped by 40%, leaving only $3100 million.
Sunday saw a continuation of Saturday's sharp decline, dropping another 40% to just $1850 million.

This is also a common problem with movies adapted from large-scale IPs.

The typical box office trend for movies is Saturdays higher than Fridays, which in turn are Sundays.

For movies adapted from major IPs, prices typically peak on Fridays and then plummet on Saturdays and Sundays.

Even the critically acclaimed comic book adaptation, The Dark Knight, couldn't escape a 30% drop on Saturday.
Only works like Iron Man, which exceed expectations, can follow the trajectory of normal movies.

Even so, Twilight's opening weekend box office...
It also successfully surpassed one hundred million US dollars, reaching 1.015 million US dollars.
It became the first film of 2008 to gross over $100 million in its opening weekend!

It also boosted the opening weekend box office record for April from 0.422 million to 1.015 million, more than doubling it.

"Gu Bei, oh Gu Bei"

I never expected you to give me such a big surprise!

Han Sanpin laughed heartily, sounding full of energy on the phone, not at all like a 55-year-old man who had stayed up until the early hours of the morning.

He was spurred on by the North American box office results.

This marks the first time China Film Group has invested in a Hollywood film, and it has achieved such great success.
This is quite a significant addition to his career record!
In the future, when people mention him, they will remember that he led China Film Group to make this investment in Twilight, which became the first major successful overseas investment by Chinese cinema.

I never expected that my act of helping Gu Bei back then would actually help me. It really is a matter of timing and fate!
"It must be past midnight on Chairman Han's end, why are you still so excited!" Gu Bei chuckled. "Could it be that you're hoping to climb the ranks?"

"Sigh! If I were ten years younger, I might still have this thought."

Han Sanpin smiled and shook his head, "But now..."

He's already 55 years old, how can he possibly advance further?
Even if you do get promoted, you'll have to retire in a few years.
It would be better to retire at China Film Group and give one last shot at Chinese cinema.

(End of this chapter)