Life in the Light and Shadow of Chinese Entertainment
Chapter 0083 Demonstrating Vision and Sincerity
From the moment he got off the plane, Wu Yang plunged headlong into WMN's publishing company, working continuously for half a month before finally reading through all the adapted novels and agreeing to their publication.
Firstly, these novels have undergone three rounds of review by the publisher and have met the publication requirements.
Secondly, the style was consistent with the movie script, but Wu Yang was not very satisfied with the content.
Fortunately, the content wasn't too outrageous, and there was no deliberate attempt to belittle or disparage the characters or plot.
Moreover, three of the novels were very well written, and some of their plots even inspired Wu Yang.
Although he had been reviewing books for the past two weeks, Wu Yang still used his lunch break and dinner time to discuss the details of the collaboration with William.
To show sincerity, and also to establish WMN's distribution channels, WMN will be responsible for the publicity and distribution of "Journey to the West: The Love of the City" after its release, with the fee being 10% of the box office revenue.
This is not a profit sharing, but a gross profit sharing from the box office, which is actually the same as the distribution fees of China Film Group and Enlight Media in China.
It's 5 percentage points lower than the six major Hollywood studios. Don't underestimate percentage points. Even a difference of 1 percentage point can make a huge difference when the box office is in the hundreds of millions.
In particular, the box office revenue settled in dollars is still more than 6.3 times that in RMB!
As for Paramount's Anderson, Wu Yang no longer intends to cooperate with him.
Wu Yang couldn't accept the conditions offered by the other party: providing personnel and scripts, receiving only 10% of the profits, and having no editing rights. The production team also had to arrange for a producer.
To put it bluntly, besides filming, Wu Yang not only lost control of the crew's personnel but also lost the editing rights.
Most importantly, he suffered huge financial losses, considering the current director's fees offered to Wu Yang.
That's $1500 million excluding the script. If the script is included, movies with an investment of less than $5000 million can get an extra 20% of the profits, and movies with an investment of more than $5000 million can get an extra 10% of the profits.
Perhaps this is the arrogance of the six major Hollywood studios, mistaking Wu Yang for a sheepdog wagging its tail and begging for mercy.
Although Anderson left room for further discussion on the phone if he wasn't satisfied, Wu Yang didn't want to waste any more time with him because she had a better option.
Last night, William came over and invited Wu Yang to dinner. During the conversation, they talked about collaborating on the filming of "The Martian," and the conditions he offered were very attractive.
In short, Wu Yang provides the actors and the script, and his salary is only $500 million, while he receives 20% of the profits.
Aside from sending a producer and a celebrity who must work with WMN, WMN does not participate in the production or management of the film crew, nor does it interfere with editing rights, making it almost identical to Leonardo DiCaprio's collaboration model.
It's worth noting that The Martian's production cost was a whopping $1 million, and Matt was already one of WMN's collaborating stars. Even when collaborating with Paramount, they still needed to come to WMN to extend an invitation to Matt.
Now things are much better. Wu Yang provided the director and the script, which is equivalent to exchanging 1000 million yuan in director's fees and script for a 20% share of the profits, plus 500 dollars in cash.
Although it wasn't profitable, so there was no question of profit sharing, Wu Yang remembered that the movie grossed over $6 million at the box office when it was released. Including the various copyright and merchandise fees, the total box office plus gross profit was definitely a project worth $10 billion.
Even after deducting all costs, it can still generate a return of over $5 million.
If Wu Yang takes a 20% cut of the profits, he can earn over $1 million, even if it takes a long time.
That's a million times better than Paramount's stingy behavior!
Although WMN is still a newcomer to the film and television industry, it has shown vision and sincerity, leaving Paramount far behind.
On one side is just a bone, on the other is a full Manchu Han Imperial Feast.
Even a fool knows how to choose!
Moreover, Wu Yang was shrewd enough to agree on the spot last night.
Today, I took Liu Yifei with me to the WMN headquarters with William, and had Liu Yifei sign a celebrity cooperation agreement first.
Then, a filming agreement, as well as a fee and profit-sharing agreement, were signed with WMN.
"The Martian" is a one-woman show, and Liu Yifei's current acting skills are not enough to carry it. Most importantly, since it relies on "Hollywood" movies to sell all over the world, it cannot use Chinese people as the main characters. This is considered upright and correct in the United States.
However, supporting roles could be played by Chinese actors, such as the captain, who could be played by Liu Yifei.
First, let Matt Damon play a supporting role to familiarize him with Hollywood fans worldwide. Then, let Liu Yifei participate in some low-budget Hollywood films to gradually build her influence.
I wouldn't dare say I can rival Hollywood's top actresses, but I'm sure I can reach the level of a second-tier actress!
Just like Jackie Chan and Li Jie, even though they are only second-tier stars in Hollywood, they are still at the top of the domestic entertainment industry because of their international fame!
This is the development path that Wu Yang and Liu Yifei decided on yesterday after discussing it.
Wu Yang wants to realize his cinematic dreams through Hollywood, and Liu Yifei can use Wu Yang's films and influence to achieve her own path as an artist.
Moreover, in Hollywood, don't delude yourself into thinking that having a Chinese face will make you a top star.
Just like in the domestic entertainment industry, top stars are all Chinese, and it's impossible for foreign faces to become the face of the entertainment industry.
This is not just a matter of saving face, but also a matter of the audience.
Whether it's doing business or making movies.
There always has to be a trade-off. If you want Hollywood movies to be sold all over the world...
We must operate according to the successful model of Hollywood movies and not violate its rules and regulations.
National self-confidence has not been fully established in China, and many people still hold the shepherding mentality that "foreign monks can chant sutras better."
Otherwise, Wu Yang's status in the entertainment industry wouldn't be so extraordinary, and he wouldn't have so many supporters.
Although Wu Yang disagreed, he wouldn't ruin things himself, since making money from Dao Le was still quite enjoyable!
Before transmigrating, Wu Yang was just an ordinary person, and after transmigrating, his thoughts weren't particularly lofty either, at most in certain matters.
Because they have a voice, they sometimes reveal their true colors!
……
"It's a pleasure working with you! This is producer Simon; he'll be on set the whole time and will be there to support your work."
WMN CEO Manu warmly shook hands with Wu Yang and introduced a middle-aged man behind him to Wu Yang.
"It's a pleasure working with you!"
Wu Yang shook hands with Manu and Simon, then left with Liu Yifei.
Watching the two disappear into the elevator, Manu excitedly high-fived Simon and the others.
According to the market research, Wu Yang, although a Chinese director, successfully brought Leonardo DiCaprio, who had been a perennial runner-up, to stardom.
Putting aside other groups, Leonardo DiCaprio's fans and moviegoers alone are filled with gratitude and trust for Wu Yang.
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