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Chapter 247: 1.5 Billion Guaranteed Distribution


"How much is needed for the film production costs now?"

"The gap isn't too big. We estimate the total cost to be around 300 million, and we're short about 20 million for now."

"That indeed isn't much." Chen Yiyang thought to himself that this 20 million gap shouldn't warrant Jia Lin making such a fuss.

Only needing 20 million before filming starts means the entire movie project can actually proceed smoothly.

Later on, you can find money while filming, no need to rush.

If the crew is frugal enough to save this 20 million, you won't even need investment.

"Actually, I have another idea." Hearing that Chen Yiyang wasn't too concerned about the 20 million gap, Jia Lin continued,

"Since this is my first time making a movie, I'm unsure how it'll perform. So, I want to find a company to give me a box office guarantee."

So, this is why she's here.

After listening to Jia Lin, Chen Yiyang directly asked, "How much do you want for the box office guarantee?"

"1.5 billion," Jia Lin replied.

There are many types of box office guarantees in the film industry. However, no matter the type, a box office guarantee involves risks and rewards.

There are two notable examples of box office guarantees.

One is when Huayi once gave a 300 million box office guarantee for Zhou Xingchi's "Journey to the West: Conquering the Demons," resulting in a total box office of 1.2 billion.

Huayi took 75% of the revenue above the 300 million box office.

The other is when Bona gave a 1 billion box office guarantee for the star-studded "The Legend of Sealing Gods." The final box office was only 280 million, and Bona nearly went bankrupt due to the loss.

Jia Lin making her first movie, feeling uncertain and wanting a box office guarantee is quite normal.

After all, she is an individual entrepreneur.

Large investment companies losing tens of millions is insignificant.

If she loses tens of millions because of this movie, her efforts from the first half of her life will be in vain.

Moreover, she likely promised to find a company to guarantee the box office of the film to smoothly gather over 200 million in funding, allowing her, an outsider, to become a director.

With a 1.5 billion box office guarantee, the revenue-sharing box office would be about 600 million.

This way, the investors are sure to make a profit.

A hundred percent return, considering the filming cycle, is a decent profit.

But finding such a big spender is not easy.

A 1.5 billion box office is already quite high for a comedy film.

Even Shen Teng's famous film didn't reach 1.5 billion, and its budget was only 50 million.

In recent years, domestic film production costs have multiplied several times, yet box office returns haven't multiplied the same way.

Something's wrong somewhere.

"Mr. Chen, Jia Lin has been working hard for this film for many years, inviting many friends from the industry. I also promised to help with the shooting." Shen Teng spoke up to warm things up when he saw Chen Yiyang suddenly silent.

People in the small offline theater circles have good relationships. Mainly, this circle is too small, so the most urgent task is to band together to make the cake bigger rather than compete with each other.

But a 1.5 billion box office guarantee isn't a small issue.

Especially since Chen Yiyang's cash flow has been invested in acquiring shares in Fei Peng Automobile.

"How about this." Chen Yiyang glanced at Shen Teng, then spoke, "I'm personally willing to cover the 20 million gap. Whenever funds are needed, just let me know, and I'll transfer the money.

But the 1.5 billion box office guarantee isn't urgent at the moment. After all, the film hasn't been shot yet, and it would take half a year to a year before release. We can discuss it then."

"Sounds good." Shen Teng promptly expressed his gratitude to Chen Yiyang.

Jia Lin also didn't say much, only thanked Chen Yiyang for trusting her and investing 20 million in her.

After the gathering ended, Chen Yiyang focused all his energy on acquiring shares of Fei Peng Automobile.

Once all the share transfer procedures were completed.

Chen Yiyang then took Wang Fengyi to Yangcheng to meet Zhao Feipeng.

Their meeting couldn't be described as Liu Bei meeting Zhuge Liang, but at least it was like Liu Bang meeting Han Xin.

As a tech guy, Zhao Feipeng has never understood the market.

He originally thought that good technology could dominate the market.

As a consequence, the current situation of Fei Peng Automobile dealt him a heavy blow. Now, Wang Fengyi, the market expert, explained the origin of Fei Peng Automobile's current predicament, which finally enlightened him.

Thus, when they joined forces.

Zhao Feipeng promptly agreed to hire Wang Fengyi as the CEO of Fei Peng Automobile.

The combined voting rights of Zhao Feipeng's shares and Chen Yiyang's shares exceed 67%.

Therefore, if they team up, any decision within Fei Peng Automobile will face no resistance.

"When the game industry's speculators enter the business world: Unveiling how the business swindler Chen Yiyang deceives."

This morning, before Chen Yiyang fully woke up.

The accountant sent him a news link.

He clicked in and saw his name right in the news title.

Rubbing his groggy head, he read further.

From Kuxing to Tail Product Meeting, from Marte Bubble to Fei Peng Automobile.

This business swindler always likes to invest in companies that the public doesn't favor.

Is it because he has a keen eye and sees the potential in these near-bankrupt companies?

Of course not.

It's because these near-bankrupt companies become the best targets for his deception.

Buy Kuxing, then strip its most valuable assets to establish a sub-brand to make money.

The debt is left to other shareholders, while the quality assets are swallowed whole, which is the real aim of this business speculator.

After completely exploiting Kuxing, this swindler now has his sights set on Fei Peng Automobile.

After buying Fei Peng's shares from Ali, he introduces a new manager to Fei Peng's boss.

The true goal of this business speculator is to take away the last valuable assets of Fei Peng.

What nonsense is this.

It took Chen Yiyang a while to figure out what this article was trying to say.

The article started by quoting the article Tencent released after falling out with Tengxu, which labeled him as a speculator in the gaming industry.

Then it criticized him for buying Kuxing and establishing a sub-brand afterward.

Now this sub-brand is doing well, with high commercial value.

Originally, it was a good thing.

But the author of this article mysteriously got hold of the sub-brand's shareholding ratio and accused Chen Yiyang of taking most of the sub-brand's shares.

A large portion of the money made by the sub-brand was devoured by Chen Yiyang and his allies inside Kuxing, leaving only a small bit to pay back to the parent company.

The article also mentioned Chen Yiyang's investments in Marte Bubble and Tail Product Meeting.

Finally, it forcibly steered the narrative to Fei Peng Automobile, accusing him of buying Fei Peng shares to replicate what he did at Kuxing.

The whole article's main aim was to denounce Chen Yiyang as a swindler.

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