Chapter 431 Amazing Wealth

Seeing Chen Xun's speech, Chinese netizens were even more excited.

More and more people began to know Chen Xun and were moved by his story.

"I cried while watching it! I didn't realize Chen Xun had such a tough time back then, working as an extra, eating instant noodles, and being told that Asians weren't fit to act in movies, but now he's a global box office champion. I've decided, I'm applying to the Beijing Film Academy's directing department this year!"

"+1! I was still struggling with what to major in, but after watching the speech, I changed my application immediately. I want to study film and work at Xunxing Entertainment!"

"Hilarious! This year, the number of applicants to Beijing Film Academy, Central Academy of Drama, and USC is estimated to double, all because of Chen Xun. Chen Xun alone supports half of the film education industry!"

"I used to think that celebrities succeeded because of luck, but now I realize that no one's success comes for free. Chen Xun's success today is entirely due to his own hard work!"

Even admissions officers from several major film academies in China posted on Weibo: "Thank you, senior Chen Xun, for your contribution to our admissions. This year's number of applicants has reached a record high!"

USC even featured Chen Xun's speech video on the homepage of its official website.

The most prominent feature on the admissions page reads: "Come to USC and become an alumnus with global box office champion Chen Xun!"

Just as the entire internet was buzzing with excitement over Chen Xun's speech, a phone call brought him an even bigger surprise.

The call was from Rob. As soon as he answered, his voice cracked with excitement: "Bro, the money's in! All the global box office revenue from 'The Wandering Earth' has arrived!"

Chen Xun was sitting in the villa's courtyard drinking coffee when he heard this. He paused, somewhat surprised, "So soon? I thought I'd have to wait until next month."

"How could we not be fast! Cinemas all over the world are vying to send us money!"

Rob's voice was trembling: "I spent the whole morning calculating with the finance department, and the numbers are terrifying! I'll read them to you now, so be prepared!"

The theaters took 52%, totaling $11.11 billion.

The average tax rate in each country is 8%, totaling US$1.71 million.

Our previous global marketing and promotion expenses totaled $1.2 million, which will be reimbursed based on actual costs.

Of the remaining $7.35 million, Starry Entertainment, as the exclusive distributor, will receive a 15% distribution fee, which is $1.10 million.

The net profit attributable to the production company was $6.25 million.

Rob became more and more excited as he spoke: "The production company will take 10% of the production company's profits as a bonus, including your investment ratio, your role as the male lead Liu Peiqiang, and your core contribution as the voice actor for the global version. This part is calculated separately and does not count towards your investment ratio."

So your overseas revenue is: 10% from the production company + 80% from the investors, totaling $5.125 million!

Domestic box office: 50.12 billion RMB.

According to domestic revenue-sharing rules:

The cinema chains and theaters took 52%, totaling 26.06 billion.

The National Film Special Fund (5%) plus taxes and fees (3.3%) totals 4.16 million yuan.

Domestic marketing and distribution expenses of 2 million RMB were deducted.

Of the remaining 17.9 billion, Xunxing Entertainment will receive 12% as a distribution fee, which is 2.15 million.

The net profit attributable to the production company was RMB 15.75 billion.

Your total income in the domestic sector was 12.915 billion RMB, equivalent to 1.845 million USD.

In conclusion: You personally receive $5.125 + $1.845 = $6.97 million, which is approximately 49.5 billion RMB!

Holding his phone, Chen Xun was still taken aback by the number, even though he was mentally prepared.

In its previous life, "The Wandering Earth" only grossed 46 billion RMB. In this life, with his support, the global box office is close to 200 billion RMB, and he personally took nearly 50 billion RMB, which is equivalent to the total box office of the entire movie in his previous life.

"This isn't over yet!"

Rob continued his calculations: "There's also revenue from streaming rights and merchandise. Netflix spent $2.5 million on the exclusive global streaming rights, and Disney spent $8000 million on merchandise development rights. That hasn't been split yet, but you'll probably get another $1.2 million. Including that, you'll get a total of $8.17 million, which is about 58 billion RMB!"

"What about Xunxing Entertainment?" Chen asked.

"Our company is making a killing too!"

罗伯笑得合不拢嘴:「海外发行费1.1亿+国内发行费2.15亿人民币(约合0.307亿美元)+流媒体和周边发行分成0.5亿,总收入约1.907亿美元。

After deducting company operating costs and employee bonuses of $0.3 billion, net profit was $1.607 billion!

Rob's voice was trembling with tears: "Bro! I've never seen so much money in my life! Back then, I followed you, thinking I'd be lucky to even have enough to eat, but now I'm a billionaire!"

Chen Xun couldn't help but laugh: "You deserve it! You've been flying all over the world these past few months, working even harder than me. Without you, the overseas distribution of 'The Wandering Earth' wouldn't have gone so smoothly."

After hanging up with Robert, Chen Xun looked at the 49 billion RMB that had just been deposited into his bank account and felt a surge of emotion.

The box office revenue sharing information for "The Wandering Earth" was quickly leaked online by industry insiders.

When netizens saw that Chen Xun had personally earned nearly 60 billion RMB, the entire internet exploded: "Holy crap! 60 billion! What does that even mean! It's equivalent to earning 500 million RMB every day for three years straight. I couldn't even earn a fraction of that in my entire life!"

"It turns out the biggest winner is Chen Xun! He got the investment, the lead role, the voice acting, and the distribution—he made all the money! But I'm convinced; he deserves it!"

Even the Hollywood media was in an uproar!

They rarely see an actor earn so much money from movies!

The Hollywood Reporter wrote: "Chen Xun earned the equivalent of ten years' worth of income for a top Hollywood actor with just one film. He not only broke Hollywood's box office monopoly but also shattered Hollywood's wealth myth."

The executives of the six major film studios fell silent as they looked at Chen Xun's income figures.

They never imagined that a Chinese film could make so much money.

I never imagined that a Chinese actor could become the world's highest-paid actor with a non-Hollywood blockbuster.

After seeing the comments from netizens, Chen Xun posted a Weibo message that same day: "The success of The Wandering Earth is the success of all the creators and the audience. I will not put this money into my own pocket. I have decided to take out 30 billion RMB to establish the China Science Fiction Support Fund and at the same time establish a young director support program to support 100 young science fiction directors and screenwriters over the next five years."

"The golden age of Chinese science fiction has only just begun!"

This Weibo post has once again ignited the entire internet.

"Donating 30 billion yuan so readily, Chen Xun's magnanimity is truly unmatched!"

"I cried! This is a true filmmaker! He makes money, but he thinks about supporting the entire industry instead of squandering it on himself."

"I used to think that celebrities' donations were just for show, but now I believe it. If Chen Xun wanted to put on a show, he wouldn't need to donate 30 billion; 300 million would have been enough."

"Chinese science fiction is so lucky to have Chen Xun. I will always support Chen Xun's movies!"

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like