Chapter seven hundred and thirty fifth partner
At the end of January, more than 30 investors from the film and television industry across the country arrived in Beijing to attend the financing conference initiated by Haomeng Company, including many filmmakers from Xiangjiang.
After the financing announcement of Haomeng Company was issued, it received a positive response.
Not only are there owners of film and television companies, but also investors who are not developing in the film and television industry. They want to take the boat "Xiaoxue's Big Adventure" to gain benefits.
This is in sharp contrast to what happened a year ago.
A year ago, facing an investment of 800 million yuan, most people were unwilling to take risks, afraid of taking risks, and even hoped that the project would fail, so Haomeng Company was in a slump.
Even if they know that they have the support of the Ministry of Culture, they don’t have much confidence.
The domestic film market has limited capacity, and the box office of 200 million to 300 million is already the limit. Large productions like "Xiaoxue's Big Adventure" can only rely on the foreign film market to recover investment.
Therefore, even if the film gets high box office in the country and has a bad box office overseas, the movie will also lose money.
Overseas box office is not affected by domestic cultural departments and the risks cannot be assessed.
Now that I see "Little Snow's Big Adventure" has a fast box office momentum overseas, these people naturally want to come and share it.
They were originally thinking about how to participate, but Haomeng Company just made a financing announcement.
Since there are too many people who want to invest, the company conducted a screening. Lin Zixuan was looking for partners, and not everyone has the qualifications.
Those who come to Beijing to attend the financing conference need to have the following points.
If you have a certain foundation and influence in the film and television industry, or have connections in government departments in major cities, you will be given priority to the introduction of the State Administration of Radio, Film and Television or the Ministry of Culture.
Those who are preparing to take advantage of the troubled waters are not a boy who is willing to take advantage of the situation. Lin Zixuan is not a boy who is free from wealth.
After preliminary screening, there are twenty-five companies that meet the requirements, and the strengths of each company are different.
In terms of the explanation materials they provide, the lowest one can only invest 10 million, the highest one can invest 60 to 70 million, and the twenty-five companies have more than 500 million yuan.
Haomeng Company's financing amount this time is 300 million.
The amount involves subsequent accounting. It does not mean that the higher the amount, the better. The higher the amount of financing, the more profits you will get from the distribution in the future, and the less money you earn from Haomeng Company.
Three hundred million is the amount determined by the company's senior management after careful consideration.
It not only guarantees the company's profits, but also gives the partners the profit.
Don’t forget that Haomeng Company has a group of partners, including nine companies including Huaying Group and Huayi Brothers, who also have plans to invest additionally.
The allocation of investment quotas requires certain skills.
While letting them contribute money and efforts, we must also make sure that we can make money. We cannot make too much, but not too little.
Fortunately, the cake of "Xiaoxue's Big Adventure" is big enough, requiring billions of investment and enough room for operation.
What's more, theme parks will be built and surrounding industries will be developed in the future.
The financing conference was held at the Beijing Hotel, attracting a lot of media.
"According to last week's statistics, "The Adventure of Xiaoxue" has a box office of 150 million in China. There should be a slight increase during the winter vacation, and there is great hope to exceed 200 million yuan." Yu Dong introduced the situation to investors present. "The total box office in Asia exceeded 80 million US dollars, and the latest box office statistics from European countries have not been obtained. The last statistics were about 100 million US dollars, of which the box office in the UK was 40 million US dollars."
On the big screen in the conference room, a statistical chart appears.
The chart shows the box office of "The Big Adventure of Little Snow" one month after it was released in various countries, and the proportion of the box office in the UK was the best.
This is because the film has not been released in North America yet, and the United States is the world's largest film market.
"From the current perspective, the film has a box office potential of US$300 million in Asia and Europe, and we expect the box office in North America to be at least US$100 million," Yu Dong said. "This means that the film has recovered investments through the box office alone, and the return on investment is about one to three."
Return on investment and return on investment are the issues that investors are most concerned about.
The former refers to how much money you can make by investing one dollar, while the latter refers to how many years it takes to get a return.
These two are important indicators for measuring investment returns.
Investing one dollar can make one million, but it takes a hundred years, so that's meaningless. Getting the biggest return in the shortest time is a good investment.
Of course, there are also long-term investments that last for decades, which require persistence and perseverance.
The first part of "Xiaoxue's Big Adventure" invested 100 million US dollars, plus the later promotional expenses, which were about 130 million US dollars, and the production and distribution cycle was two years.
The investment tripled in two years, which can only be said to be a good investment, and it is far less promising than the real estate market.
Haomeng Company is a little conservative in its data estimates. Lin Zixuan does not want to find partners who plan to make quick money. He wants to find people who can cooperate for a long time.
The operation cycle of this project is as long as ten years, making quick money, unstable people are unreliable and prone to causing trouble.
After Yu Dong introduced, some of the people present gave in, and many people did not understand the overseas film market.
Media reports on how "Xiaoxue's Big Adventure" is popular, how high the box office is, and how many records it breaks are mostly figures estimated by reporters to attract readers' attention.
In fact, there is a difference between box office and film company revenue.
In China, the box office sharing of film companies and theaters is about 43%, while film companies account for 40%. When abroad, the proportion of accounting sharing will be reduced to less than 20%.
Moreover, the regulations of each country are different and cannot be generalized.
"Xiaoxue's Big Adventure" is a profitable one, but not as much as they thought. It is a long-term process. Later video products and peripheral products are also hot spots for profit.
Domestic filmmakers are used to staring at the box office and paying too much attention to the box office.
"Declare in advance that you are only an investor after investing and have no decision-making power over the project. Haomeng Company has the autonomy to use the funds." Yu Dong emphasized.
That is to say, they invest in dividends and can make suggestions but cannot make decisions.
This is to ensure that the project is under the control of Good Dream Company and cannot make trouble.
Although it is a bit like a bully clause, it is something you and I want to invest. If you want to invest, you have to accept the conditions.
"Okay, you can take a look at the contract you have in hand, or ask a lawyer to take a look. If you have the intention to invest, we will meet here at 2 pm to discuss specific cooperation matters." Yu Dong said at the end.
After the meeting, Yu Dong called Lin Zixuan to explain the situation.
"I think there are a few people who are not sincere enough and may not be able to see anyone in the afternoon. We have been rumored in the circle. After today, our reputation for being domineering may be confirmed." Yu Dong joked.
"It doesn't matter, people's hearts will be seen over time. Real partners will understand. Let others tell them to go." Lin Zixuan said calmly.
Chapter completed!