Chapter 53: Considerable External Revenue
Chapter 53: Considerable External Revenue
Since we cannot change the general trend, we should go with the flow.
With so much hot money coming in, Tang Long tried his best to make as much money as possible for himself.
Do you think that theater companies will buy out the overseas screening rights for our film "Reign of Assassins" in advance?
"There will definitely be some, but we don't need to wait until 'Reign of Assassins' is released and becomes a box office hit, which will make us more money."
"Director Tsui, you have even more confidence in 'Reign of Assassins' than I do."
"The script for 'Reign of Assassins' is good, and with you and Brigitte Lin co-starring, the box office won't be too bad."
The cast for "Reign of Assassins" has been finalized during this period.
The male lead, Jiang Asheng, is naturally played by Tang Long, while the female lead, Zeng Jing, is played by Brigitte Lin.
Liu Jialing plays the second female lead, the lecherous female assassin Lu Zhanqing; Liu Qingyun plays another assassin, Lei Bin; and Li Haisheng plays the magician.
Zhang Xueyou was brought in by Tang Long to play the role of Zhang Renfeng, which is Zhang Asheng before the face-changing act.
For Zeng Jing's role as Xi Yu before her transformation, Wang Zuxian made a cameo appearance, which was a favor to Xu Ke.
Di Long plays the monk Lu Zhu, and at the end, King Zhuanlun invites Xie Xian on Tang Long's advice.
He felt that only Xie Xian could portray the imposing aura of Wang Xueqi in the original version.
The cast of "Reign of Assassins" is quite star-studded.
Just the presence of these celebrities alone is enough to attract a lot of viewers to the cinema.
"Alright, we'll talk about 'Reign of Assassins' later. Let's clarify the revenue from 'New Dragon Gate Inn' outside the region first, so we can divide the money."
"Haha, Nansheng is right, let's divide the money first."
Seeing that Xu Ke had finally shut up, Shi Nansheng continued:
Scholar Pictures offered HK$8 million to buy out the distribution rights for "New Dragon Gate Inn" in Taiwan, which was the highest offer from Taiwanese film distributors.
As for Nanyang, it was sold as a package to Cathay Pacific for a package price of 14 million.
South Korea sold it for $500,000, which is about four million Hong Kong dollars.
As for Japanese benzene, we don't have the channels for it at the moment, but Golden Harvest contacted us, wanting to buy the distribution rights for Japanese benzene in the region.
However, details haven't been discussed yet, and if a deal is reached, the price shouldn't be less than $800,000.
As Shi Nansheng spoke, Tang Long was calculating in his mind.
The revenue from Taiwan, Southeast Asia, and South Korea alone amounted to HK$26 million.
If the issuance rights for Japanese benzene can be negotiated, let's say it's $800,000, which is over six million.
The total amount is HK$32 million.
This part of the money is pure profit.
That's incredibly profitable!
No wonder Hong Kong movies are so popular; all sorts of weirdos and freaks are flocking to the film industry.
"So many?" Wu Siyuan was also somewhat surprised.
"Thanks to Ah Long's advice, 'New Dragon Gate Inn' broke the 30 million mark at the Hong Kong box office."
This directly increased the film's copyright value; otherwise, earning 20 million in revenue from outside the region would have been considered quite good.
This means they essentially earned back the 12 million they donated, and also gained a lot of good reputation.
That's a huge profit!
Wu Siyuan suddenly realized why Shi Nansheng had spoken so softly to Tang Long today.
"If Golden Harvest's offer isn't too outrageous, then we should make the deal with them."
"Only Golden Harvest has distribution channels for Japanese benzene in Hong Kong," Wu Siyuan continued.
"no problem."
"What about Europe and America?" Tang Long suddenly asked.
"We have even fewer channels in Europe and America. Apart from Jackie Chan's films, very few Hong Kong films can be distributed in Europe and America."
"All right."
He was being too greedy.
Although Hong Kong is now known as the Hollywood of the East, it still has a huge gap to close with the real Hollywood.
Unlike Southeast Asia, Taiwan, and South Korea, Hong Kong films are not widely watched in Europe and America due to cultural barriers.
Only kung fu movies have a market in Europe and America.
This is also the fundamental reason why Jackie Chan and Jet Li were able to succeed in Hollywood, while Chow Yun-fat was not.
"We don't need to consider the European and American markets for now; let's focus on getting our share of the revenue from 'New Dragon Gate Inn' first."
"Xu Ke is right, let's divide the money first, haha."
Wu Siyuan smiled and replied, "We've been busy for so long, all for this moment."
Of course, the shares of all three parties are determined, so the money is easy to divide.
Tang Long holds 20 percent, while Wu Siyuan and Xu Ke each hold 40 percent.
Of the 32 million, he can get 6.4 million.
Wu Siyuan and Xu Ke rounded it up and gave him seven million, with each of them taking twelve and a half million.
With these seven million, plus the remaining three million HKD in GG earnings, Tang Long will have ten million HKD in funds.
Not easy.
After more than a year of hard work, I finally managed to earn ten million.
He's probably the most ridiculous time traveler ever.
After dividing the money, all four of them had smiles on their faces.
The atmosphere was relaxed as discussions about investing in "Reign of Assassins" took place.
"Ah Long, what are your plans for the investment in 'Reign of Assassins'?" Xu Ke lit a cigar and asked casually.
"Deng Guangrong wants at least 20% of the investment, but I only need to take 30%."
The remaining fifty percent can be divided between you and Mr. Wu.
It wasn't that Tang Long didn't want to take more, but rather that he currently had no advantage over Xu Ke and Wu Siyuan.
Both of them possess resources that he lacked when it came to operating the "Reign of Assassins" project.
Don't be fooled by the fact that a lot of money is now chasing after investing in "Reign of Assassins".
When it comes to actual negotiations, all he has is the script and himself.
They might not give him much of their share, so the cooperation won't be easy.
Wu Siyuan and Xu Ke had no objection to this, and Tang Long was already qualified to sit at the table.
He initiated this project, so it's no problem to let him take more.
Besides, there's no need to be so calculating. It's not like we're only working together this once; we can maintain a long-term partnership.
The final investment amount for "Reign of Assassins" is tentatively set at HK$10 million, with everyone contributing proportionally.
Tang Long agreed to pay HK$2 million for the lead role and screenwriting fee, and then pay another HK$1 million in cash.
Xu Ke and Wu Siyuan each hold a 25% investment share, and the film studio needs to contribute 2.5 million.
Wu Siyuan received a production fee of 500,000 yuan for producing the film, and his Siyuan Film Company invested an additional 2 million yuan.
Finally, Deng Guangrong's Yingzhijie Film Company also contributed two million.
Therefore, the only available funds for the "Reign of Assassins" project are 7.5 million.
The film was directed by Ching Siu-tung, and none of the three had any objections to this.
Xu Ke was busy filming "New Dragon Gate Inn" before the Lunar New Year, so he rescheduled two other projects that were originally planned for the second half of the year.
Otherwise, he would have liked to direct "Reign of Assassins" himself.
After finishing their business, Xu Ke stubbed out his cigar and said to Tang Long:
"Ah Long, you need to hire an agent too. You can't keep asking Nan Sheng for help with business collaborations."
Tang Long felt a little embarrassed upon hearing this. More than ten companies had approached him for endorsements recently, and he couldn't handle it all by himself.
In the end, he could only ask Nansun Shi to help him negotiate with those companies, but even after the negotiations, he still couldn't get a refund.
However, Xu Ke is right. He is no longer an unknown, and he does need an agent.
It's not just about agents; Tangde Film & Television should also get things running.
"Director Xu, do you have any suitable candidates to recommend?"
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