Chapter 356 Penguin Video
In 2010, Mingyang Entertainment had three major projects, One Punch Man and Your Name, and Far Cry, in addition to many small projects.
The first part of One Punch Man has a production and distribution of 40 million, and the second part has a production and distribution of 29.1 million.
Burning money, not making a dime, just making a name for yourself.
Your Name has a box office of 1.118 billion, and the producers and distributors share a total of 43%, which is almost 480 million.
But after deducting the cost of publicity and distribution and the cost of ticket replenishment, the net profit is only more than 60 million yuan.
Flower Entertainment has a 50% share of Your Name, which is more than 30 million, plus the profit of more than 7.6 million from Far Cry.
A total profit of nearly 38 million.
After deducting employee wages, bonuses, travel expenses, various small project expenses, etc., Mingyang Entertainment lost more than 60 million yuan last year.
Youth Ray sold Far Cry Part 2 to Bernard for a total of 10 million.
Movie script copyright fees belong to "royalty income" in personal income tax, and the tax rate usually required is 20%.
Since the copyright fee income of 10 million yuan exceeds the standard of 4,000 yuan, 20% of the fee needs to be deducted, that is, 2 million yuan, and the remaining 8 million yuan is the taxable income.
The personal income tax payable is calculated according to the tax rate of 20%, which is 1.6 million yuan.
That’s the calculation, but due to some random deductions, I ended up paying nearly 2 million in taxes.
Only 8.19 million yuan was obtained.
Youth Light artist agency had a total revenue of 82 million yuan last year and a net profit of more than 12 million yuan.
Youth Light’s net profit last year reached more than 20 million yuan.
The net profit is almost half and half between Light and Bouquet Entertainment.
Flower Entertainment received more than 10 million.
Flower Entertainment's profits last year were very, very substantial.
In addition to more than 10 million shares of Youth Ray.
The rights to adapt Your Name and Bouquet of Love, a total of US$9 million.
About more than 63 million.
Huace’s 260 million is a perfect 100 million.
This money is pre-tax. It was directly invested in your name to make up for the ticket. It went around in a circle and finally turned into a box office share of 300 million.
This is equivalent to only deducting 60 million in tax.
Under normal circumstances, you have to pay at least 160 million.
In addition to financial gains.
Huabou Entertainment’s largest investment last year was the Huabou Hotel, with a current market value of nearly 290 million.
Mingyang Entertainment lost more than 60 million yuan last year, and Huaxue Entertainment made more than 600 million yuan last year.
Years ago, Yang Mi asked Li Mingyang when he would pay dividends.
Seeing the eye-catching deficit of Mingyang Entertainment, my face turned green.
The benefits are indeed high, but the expenses are too high.
In actual calculation, deduct the cost of 400 million and the 100 million borrowed from Yunfeng Fund.
And then deduct Li Mingyang’s own income.
Bouquet Entertainment's accounts were also in the red.
The copyright of Love in a Bouquet was transferred from Mingyang Entertainment to Bouquet Entertainment from Mingyang Entertainment.
Yang Mi didn’t feel anything at first.
When I learned that the rights to adapt Flower Bouquet were sold for US$6 million, I never paid attention to Li Mingyang again.
Both Mingyang Entertainment and Huaxue Entertainment suffered losses, while Li Mingyang’s personal profit exceeded 400 million.
And being able to make so much profit so easily is thanks to the box office hit of Your Name.
360 million was turned into 300 million.
Last year’s accounts were very complicated, but this year’s accounts are very simple.
Bouquet live broadcast made a high profit of 500 million.
Bouquet Live, Li Mingyang owns 75% of the shares, Zhang Wei and Li Ming each own 5%, and the others add up to 15%.
After deducting taxes, Li Mingyang can still get 300 million.
More than seven billion in total.
It doesn’t matter whether the company has money or not, it’s not about getting a loan or borrowing money.
Li Mingyang is a bit confused about how to spend his money.
The most important thing is that there is not enough money... More than 700 million involves not only Huabou Video and Bilibili, but also Three Body Pictures!
Li Mingyang thought about it all afternoon and finally dialed Wang Changtian's number.
“I am planning to establish Three Body Pictures this month. Where do you think this company is suitable to be opened?”
……
Three Body Pictures will be established this year to bring the three bodies together. Sexual copyrights are made public.
There is no way around China Film.
To be honest, Li Mingyang didn't want to cooperate with China Film Group on Three-Body Problem.
The best time to engage in the Three-Body Problem is when the ladder is reorganized, the situation is stable, and the mountain eagle steps down... when the domestic film industry is leaderless.
That is 14 years.
When the time comes, wait another year, and Trisolaris will win the Hugo Award.
The east wind is coming, and everything will be unfavorable!
What a pity! The ideal is beautiful, but the reality is very skinny.
He didn't expect China Film to pursue it so fiercely...
How long can Zhang Zhao and Wang Changtian endure it?
I can't bear it for much longer...
He is the number one box office player in China, and he also holds the copyright for Three-Body Problem. A perfect match, a match made in heaven!
Zhang Fanfan is not good enough. China Film would rather film The Wandering Earth than invest in The Three-Body Problem.
As for the Three-Body Problem, China Film will probably have to put all its efforts into it.
China Film has been seeking to go public, and China Film Holdings was forced out.
This year, news of the listing of China Film Group Co., Ltd. has spread frequently, but the big brother of the national brand has too many restrictions.
The boss is worried.
Not allowed.
The mountain sculpture was speechless.
Chinese Film Company pursued the Three-Body Problem so fiercely that Li Mingyang felt that he was probably trying to make the Three-Body Problem into a film and TV show to please the boss and get listed on the market.
March 3rd.
Four Seasons Hotel Hangzhou West Lake.
Under the introduction of Wang Changtian, Li Mingyang met Lao Ma at a pavilion by the lake.
And other accompanying persons.
Among these people, Li Mingyang not only met Liu Chunning, CEO of Penguin Video.
There is also the immediate boss in the previous life, the vice president of Penguin, the future CEO of Penguin Video, and the rock and roll man Sun.
Lao Liu wanted to be the sixth child, but was finally sent in by Lao Ma.
Sun Zhonghuai often shows off his long hair, and occasionally wears it in a ponytail. He does not look like the head of a video platform, but looks like a standard rock man.
As a top student in economics at the Renmin University of China, Sun Zhonghuai, like his junior fellow student Liu Qiangdong from the sociology department at the same school, has never been in the “professional field”.
Dong Ge opened a restaurant at first but ended up losing money, and then went to Zhongguancun to sell CDs; while Lao Sun was a "literary youth" who preferred writing work. After graduation, he joined the media.
But they all reach the same goal by different routes, and eventually they all rush to the embrace of the Internet.
Lao Sun initially served as the content director of NetEase's portal business and successfully led NetEase to one of the three major portals.
In 2002, it switched to TOM Network, a subsidiary of the Li Family in Xiangjiang.
In 2003, he joined Penguin, which wanted to develop its online media business, and took on the important task of this social empire.
As the founder of Penguin.com, Lao Sun helped Penguin develop the portal media business. With the indomitable QQ pop-up window, when he turned around and left, he forcibly ranked Penguin.com among the "four major portals" top position.
Thus, it also established his voice and status in Tencent.
With both the content gene and the important minister who has made great achievements, it is natural for Lao Sun to take over Penguin Video.
However, the result... was tragic.
When he took over Penguin Video, inside, the mess left by Liu Chunning was full of chicken feathers.
Externally, Youku acquired Tudou, making one company the only one.
IQIYI Gong Yu is enlightened and is burning money on variety shows.
Everyone in the industry was confused by Gong Yushao and thought he was crazy.
I didn’t expect iQiyi to make money in the end.
From the day he took over Penguin Video, Lao Sun was beaten by Gong Yu until he lost his temper.
Penguin Video owns the IP treasure house of China Literature.
Still being beaten up by Gong Yu... The angry Lao Ma often slapped the table.
Under the premise that content IP supply is not dominant, Gong Yu built a "drama selection model" to improve efficiency. It uses data indicators such as directors, actors, number of episodes, genres, and broadcast markets, combined with some subjective judgments, to predict which drama will be selected. Gather energy and fire.
Not only that, Gong Yu also proposed the "Apple Tree" business model, which includes a long video ecosystem that combines nine business formats: advertising, membership, brokerage, rewards, publishing, distribution, licensing, games, and e-commerce. .
This model has also become the standard in the domestic video industry.
Although, this ecosystem has not actually been implemented.
But Gong Yu, who was born in engineering, had a groundbreaking idea and pushed Sun, a young rock and roll man, to the ground and rubbed him.
In ten years, Penguin has burned through more than RMB 50 billion, and is still beaten by iQiyi...
Every time Penguin feels that it is about to make a comeback, it will be beaten back by iQiyi...
Penguin Video will be officially launched in April this year.
Today’s gathering mainly talks about the cooperation between Penguin Video and Bouquet Video.
Flower Bouquet Video is a section of Station B.
Bilibili is a pirated website, which is very embarrassing and has almost no advertising revenue.
Regularization?
It’s just not making money right now.
Become a full-time official, buy the copyright, and lose money.
Flower Bouquet Video mainly sells goods and sells online copyrights of movies and TV series.
Lao Ma is not very talkative, he prefers to listen.
It was Lao Liu who discussed cooperation with Li Mingyang.
I have to say that this is really the silly son of a landlord.
Li Mingyang sold the online broadcast rights of The Legend of Zhen Huan for a sky-high price of 30 million.
As for the first-round broadcast rights of The Legend of Zhen Huan, Yanbei Satellite TV and Zhejiang Satellite TV jointly purchased it for a total price of 60 million.
Not counting Zheng Dalong's bonus, Zhen Huan Chuan has already paid back its capital, and it will be pure profit from now on.
TV stations sell two, three and multiple rounds, and video platforms sell one by one, selling every year and making money every year.
As long as the quality of the previous life is guaranteed, the IP can earn at least 100 million per year through operation.
Wait until station B becomes a permanent member.
With the exclusive broadcast of Zhen Huan's story, the bouquet video took off immediately.
(End of this chapter)