I Know Everything - Chapter 654
Chapter 654: Changing Partners.
Zhu Mei’s home was in Zhejiang but her career’s industry was focused on Huajin so she bought a house in Huajin too.
She had made a lot of money recently whether it was with ‘Love Letter’ or ‘Miracle in Cell No.7’.
Her income already exceeded 200 million yuan and except for investing 50 million in Yongxing Supermarket, she used the rest of the money to buy properties in Huajin.
Those properties weren’t very large as they were two-bedroom apartments of 80 square meters and according to the current market of Huajin of 50k per square meter, she bought a total of 40 of them.
She was actually still 10 million short but the boss saw her buying so much, hence gave her a 10 million discount.
It was because Chen Huan told her that sitting on money was useless and that using it could increase the value of it and it wouldn’t be a problem to sell in the future where money was needed.
What was more valuable than a house in China?
If Zhu Mei was short on money in the future, she could sell an apartment in the future and sell another one if she was still short, how great was that?
Zhu Mei also believed in that so after buying those properties, she let a charter company manage them and could collect 200k yuan of rent per month.
She said that she could retire comfortably now to Chen Huan.
Of course, Zhu Mei wasn’t very demanding about her quality of life.
She was living her life similarly to a university graduate as she only had a few sets of simple clothing in her room, simple decorations with one room used as her workspace… then it was it.
Chen Huan heard that it was similar for the princess, no wonder they got along well.
He went to her house this time.
“Many came to my company.” Zhu Mei slid a folder to Chen Huan, “It’s not only companies from China as companies from Japan, Korea and Hollywood also want it too.”
Chen Huan looked through the files before he said with a laugh, “CEO Yang didn’t send an offer, he’s sure stubborn!”
Yang Feng was a friend of Chen Huan and Zhu Mei knew that he also knew who Chu Liuxiang was.
Zhu Mei had the same thought on why Yang Feng didn’t bid for the script, that the always successful CEO wanted to use his own strength to succeed and prove to the entertainment industry that he was also a top player.
But the failure of the 3 TV shows and 3 movies proved that Yang Feng’s judgment was quite bad.
Even his plan and analysis of using big IP became a joke in the entertainment industry.
All the bosses in those entertainment industries added together may not even rival Yang Feng’s net worth but it didn’t stop them from mocking this outsider.
It was like Hollywood mocking those hunters from Wall Street.
They would naturally encounter a lot of difficulties when they weren’t in the same field.
Zhu Mei also laughed as she said, “CEO Yang finally has some knowledge now. His company originally planned to release five movies in the second half of the year and they have all been suspended except for the three already produced movies that would be released one after another. If it fails along with the TV series, maybe he will be enlightened!”
“Who cares.” Chen Huan shrugged, “We should just proceed with our own plans and take it step by step.”
Then he continued, “Aunty Mei, what’s your plan? Who do you want to work with? Don’t worry about my opinion, you know that I don’t feel anything toward Zheng Rongrong.”
Zhu Mei hummed and said, “I think Yanhuang Pictures is the most suitable choice.”
“Oh? Qi Yiwen?”
Chen Huan picked up the folder and carefully looked at the offer by Yanhuang Pictures.
Yanhuang Pictures would give an initial budget of 150 million yuan and it could be increased by 30 to 50 million more later.
There was no limit for the post production budget and they would do it until it was done well.
For a movie whose plot was a lot simpler than ‘Miracle in Cell No.7’, a production budget like that was enormous.
In addition, they also promised they would put the same money as ‘Miracle in Cell No.7’ in global advertisements, which was 100 million USD.
Apart from the salary and overtime pay, Zhu Mei would also receive 10% of the profits and Chen Huan also got 10%.
Zhu Mei would have the entire control on the filming crew and on the budget. Yanhuang Pictures could give priority and push their own actors but couldn’t decide on whom to cast.
Chen Huan then looked at the offer from Shanhai Streaming and said, “The offer is very similar to Shanhai Streaming.”
“It’s about the same and because it’s about the same that I think we should change.” Zhu Mei honestly said, “You know that there were many people in Shanai Streaming who were dissatisfied with the cost of ‘Love Letter’ but it was also the case for ‘Miracle in Cell No.7’ as those executive said they were slaving away for us since we took most of the money.”
“It was clearly a fair deal, couldn’t they see the benefit ‘Miracle in Cell No.7’brought to Shanhai Streaming? But they still keep pointing their fingers at us as if we’re stealing their limelight!”
“I think they will be even more certain of their conviction if we don’t work with another company!”
“It just so happen that we can separate ourselves from Shanhai Streaming and see if we’re able to make a successful movie without Shanhai Streaming.”
Chen Huan nodded as he listened to Zhu Mei.
Those rumors had been on the news.
Although most of it was just catching wind and jumping at shadows, there was also no wave if there was no wind.
It was normal for Shanhai Streaming to feel a bit resentful.
After all, they spent a lot of money.
‘Love Letter’ alone was 300 million yuan in promotional expenses.
‘Miracle in Cell No.7’ was even more with their 300 million yuan in budget and 100 million USD in promotional expense, which was 1 billion yuan added together.
The total box office of ‘Miracle in Cell No.7’ was 4.05 billion Yuan and total revenue from it was around 1.5 billion Yuan and if they took out all the expenses, it was only around 500 million Yuan in profit.
At the end, Chu Liuxiang got 150 million and Zhu Mei’s team also made 150 million with each actor also receiving tens of millions, Shanhai Streaming basically didn’t make any profit.
Those people would start to talk.
Of course, it was unreasonable.
‘Miracle in Cell No.7’ started with the Golden Lion Award, Best Director and Best Actress so the movie was trending news for half a year.
The success and talk around it had increased the market value of Shanhai Streaming by at least 10 billion USD.
Wasn’t that 70 billion yuan increase in value not money?
There were many people with money that wanted to invest with that valuation!
So many people from Shanhai Streaming were being idiots as they were only seeing petty profits and not the big pictures.
The princess wasn’t someone like that as she understood the best benefit ‘Miracle in Cell No.7’ brought to them and that was why she gave almost 400 million yuan in bonus.
She still gave a pretty good offer even for Chu Liuxiang’s new book.
The budget given by Shanhai Streaming was actually 20 million higher than Yanhuang Pictures.
But Zhu Mei had other plans this time.
Money wasn’t a problem but they couldn’t work together if there was a divide between the two parties.
Chen Huan obviously gave his support.
“Brother Ding and Brother Shi all agreed to this, right?” Chen Huan asked.
“Yes, everyone agrees with me.” Zhu Mei answered.
“Then get in touch with Yanhuang Pictures!” Chen Huan also made a decision, “A production team cannot rely on a single company for too long. There would be no progress without competition and there would be no disparity without comparison, we should let them understand this fact.”
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