Huayu Entertainment: Tianxian really wants to improve

Chapter 250 This was just a movie screening!
Gu Bei glanced around, wanting to see who hadn't raised their hand.

The moment the executive spotted his gaze, he immediately raised his hand. With the returns from Twilight, no film company could refuse.

Bernard sighed.

Everyone agreed to be more assertive towards Gu Bei, but what happened?

Then, he reluctantly raised his hand.

Seven votes from seven people, unanimously approved.

No surprises.

Gu Bei nodded upon seeing the result.

He saw the helpless expression on Bernard's face.

It's not hard to guess that before he came in person,

How did these Summit Entertainment executives get their eyes on the investment share for the Twilight sequel?

But when faced with his assertive attitude, these people knelt down faster than anyone else.

The result seems obvious.

Let's congratulate Summit Entertainment and Rose Pictures on their successful collaboration!

Eric clapped, which eased the tense atmosphere in the office considerably.

Gu Bei also took the opportunity to exchange brief greetings with the executives present.

Rose Pictures is in dire need of talent.

The previous organizational structure had no problems operating pseudo-B-movies like independent films and artists.

However, to operate a true B-movie with a budget of forty to fifty million dollars, it is necessary to recruit enough talent.

After a while,
Karen Rosensford also rushed to Summit Entertainment.

Together, everyone officially finalized the production of sequels to Twilight 2 and 3.

According to the budget of one hundred million US dollars that Gu Bei had previously set,
Peak Entertainment invested 20%, while Gu Bei and Rose Pictures jointly invested 80%.

This huge investment completely drained Gu Bei's cash flow.
All that's left is the $20 million or so in the North American account, which is all royalties from Starship and The Hunger Games over the past two years.

The main reason is that Gu Bei and Rose Pictures had too low revenue during the first window period.

The first round of revenue was $2.3 million.
Gu Bei and Rose Pictures only had 24%, but received $5600 million.

However, by July...
The first window of opportunity has ended.
In the subsequent copyright revenue sharing, Gu Bei and Rose Pictures took a full 80%.

As soon as Twilight DVDs and Blu-ray discs are available...

Gu Bei's cash flow shortage problem will be alleviated immediately.

"Karen!"

Gu Bei called out to Karen, "Are you still an independent producer lately?"

Karen smiled and said, "It's still the same, but after the success of Twilight, I've received quite a few offers and I'm considering them."

"How about adding Rose Pictures?"

Gu Bei extended the invitation with a smile.

After comparing the executives of Summit Entertainment,
Gu Bei still felt that Karen was more capable and better suited to Rose Pictures' needs.

After all, Karen was originally the co-producer president of Paramount Pictures, but she was ousted by the current chairman of Paramount Pictures, Brad Gray.

The senior executives of the six major companies are still quite competent.

"What position?"

Karen did indeed have her eye on it.

"How about producing the CEO?"

Gu Bei felt that the longer he sat in this position, the more skilled he became at making empty promises.

He casually offered Karen another glimpse of hope: "If you do a good job, I can give you my current CEO position, since I still prefer creating."

"It is a great honor to join Rose Pictures."

Karen agreed without hesitation.

"Don't you want to reconsider?" Gu Bei asked, somewhat surprised.

“No need to consider it!” Karen shook her head. “Right now, there’s no independent production company in all of Hollywood that’s rising faster than Rose Pictures.”

Everyone thought Rose Pictures relied solely on Twilight.
But I know,

Rose Pictures is on your side, Bruce!

"Thank you for the compliment!" Gu Bei smiled. "However, the specific appointment will have to wait until Crystal returns to North America."

Karen already knows Liu Yifei and knows that Liu Yifei is currently working in China: "If I had such an independent production company, I would not hesitate to put down my other jobs."

“This is Crystal’s dream, and it makes her happy.”

“I’ll pay more attention to projects that are suitable for Crystal.” Karen was very perceptive and immediately switched into subordinate mode. “Actually, I’m also very supportive of Crystal. Hollywood is great because of dreams!”

Subsequently,

Gu Bei went back.

Continue with the artist's post-production work.

After completing the screening, he organized a screening event, which included Gu Bei, Leonardo DiCaprio, Michael from Sony Classics, and film selectors from the Venice International Film Festival.

“I didn’t expect it to be him!”

Gu Bei was slightly surprised when he saw the Venice film selectors arrive.

Marco Müller can be considered a bridge for Chinese films to reach Venice. He was a significant driving force when the fourth, fifth, and sixth generations of Chinese directors went global.

This also shows that Venice was very welcoming of Gu Bei's choice of them.

However... whether Chinese directors can achieve a four-peat at the Golden Lion Awards depends on how the jury chooses.

Gu Bei stepped forward and shook hands with Mark: "Mr. Muller, welcome."

Mark said with a smile, "We originally thought you would go to Cannes, and we had given up trying to persuade you to go."

"Cannes is too early!" Gu Bei shook his head. "My film will have just finished shooting by then, there's simply no time."

"Are you so anxious?"

Mark was a little confused.

"Besides the silent film 'The Artist,' I'm also preparing to shoot a musical. I can't let these two films clash, can I?"

Gu Bei said calmly, "As you know, Twilight has grossed over $500 million worldwide, and I've also had some great ideas flashing through my mind..."

In this situation, it would be a real shame not to hurry up and make a movie!

Upon hearing this, Mark

Startled, he trembled all over.
Even the white beard on his face trembled.

Having both money and ideas—that must be the most coveted state for filmmakers worldwide, right?

"I hope all artists can be like you."

Mark remarked as he entered the screening room.

Gu Bei was still at the door.

Leonardo DiCaprio and his agent walked out of the screening.

"what happened?"

Gu Bei asked, puzzled.

“A high-ranking executive from Sony Pictures is coming,” Leonardo said softly, frowning slightly.

How high can the upper echelons go?

Gu Bei wasn't particularly concerned.

It's just a film screening. At most, a low-level executive like the co-producer president will attend. I guess that's already considered as a sign that they really value this artist project.

After a while,
Gu Bei saw Michael arrive together with a woman.

When he saw the woman's face, he immediately felt a chill run down his spine.
He had met this woman once before.
It was Amy Pascal who appeared at the screening of Whiplash at the Cannes International Film Festival.

This woman is the co-chair of the board of directors of Sony Pictures Entertainment, the chairwoman of the board of directors of Sony Pictures Cinema Group, the head of the film division, and also the most powerful woman within Sony Pictures Entertainment.

This is just a movie screening!
(End of this chapter)