Daddy Academy

Chapter 2559 Harvest
The semi-annual summary meeting of Xiaohongma Film and Television Company is in progress. Deputy General Manager Li Qing first reported the work summary of the first half of the year.

In the first half of the year, Little Red Horse Film and Television launched a number of blockbuster works, including "The Pursuit of Happyness", "Identity", "Northeast Police Stories", and "The Matrix" which is currently being released.

There are also "The Blade of the Assassin", "Zhu Xian 2" and "Love is Spreading" currently being filmed.

In addition, there are also animated films, but there were no animated films released in the first half of the year. The ones currently in production include "The Legend of the Stranger" and "Despicable Me".

The production cycle of animated films is very long, often lasting for several years, so it is very normal that no works are released for half a year. Many animated film companies revolve around one movie for one or two years. It is the typical type of company that does not make a profit for three years and then makes a profit for three years after it is released.

At this point, Li Qing's voice couldn't help but rise. He said, "In the first half of the year, the company's total box office revenue was 48 billion."

As soon as he finished speaking, whispers could be heard in the conference room. Everyone actually knew the number, but when they heard it again, they were still excited and unbelievable.

In just half a year, it earned a total box office revenue of 48 billion.

Everyone can't help but estimate in their minds that China's total box office revenue last year was 550 billion. According to the current development trend of Little Red Horse Film and Television, the larger share will be "The Matrix". The first part will be released during the summer vacation, and the second part will be released during the Spring Festival. However, the Spring Festival is in February, so it will be counted next year. But with the blessing of "The Matrix" alone, the annual box office revenue will surely exceed 2 billion.

In other words, last year, the Red Pony Film and Television Company occupied 18% of the Chinese film market.

The absolute value of this ratio may not seem high, but the relative value is very outstanding. If nothing unexpected happens, it will firmly establish itself as the leader of China Film Group.

Li Qing ignored everyone's whispers and continued to report: "The total box office is 48 billion, of which "The Pursuit of Happyness" has a box office of 20 billion, "Fatal Identity" has a box office of 23 billion, and "Northeast Police Story" has a box office of 5 million."

None of the three movies released in the first half of the year failed and all of them made a profit.

Li Qing glanced at Zhang Tan and saw that Zhang Tan was listening carefully, so he continued to report, his heart agitated: "What I just said was the box office revenue. With the peripheral revenue, the company's revenue in the first half of the year was 63 billion, of which the peripheral revenue was 15 billion, accounting for 24%."

The 24% of peripheral income is not considered high in the international market, and is even on the low side. In large overseas film groups, peripheral income often exceeds 50%.

But if 24% is placed in the domestic market, it is indeed leading the way. This is mainly due to the high-quality box office sources accumulated by the Red Pony Film and Television Company in the past few years, especially those animated films, whose peripheral income far exceeds that of live-action films.

Li Qing continued: "The company's total profit in the first half of the year was 26.3 billion."

Everyone in the conference room was shocked again, and they were much more shocked than when they heard about the revenue just now. After all, the revenue data is public and can be calculated by oneself, but the profit indicator is a company secret. Although many people are senior executives, they are not clear about the company's specific profit amount. This is the first time they have heard of it.

"Of these, the profit from peripheral products was 10 billion, and the profit from the film was 16 billion."

Therefore, major film companies attach great importance to peripheral businesses, because the profits are so high that it is almost like picking up money, and the income can be continuous and steady.

"Among the movie profits, the profit of "The Pursuit of Happyness" is 7 million, the profit of "Fatal Identity" is 7.5 million, and the profit of "Northeast Police Story" is 1.75 million..."

As Li Qing gave his report, the atmosphere in the meeting room became lively.

When he finished his report, everyone applauded spontaneously until General Manager Wu Zebing stood up to report the work plan for the second half of the year.

"The first and most important project is the Matrix series. We need to ensure that the summer movie is released, and plan and implement the second part during the Spring Festival."

"The next key projects are "Blade of the Assassins" and "Love Is Warming", which we also plan to release during the Spring Festival. As for "Zhu Xian 2", it will not be able to catch up with this year's Spring Festival, and we have released enough movies, so it is not suitable to squeeze it into this period, so the plan is to release it during the summer vacation next year."

If you calculate this way, during this year's Spring Festival, the Little Red Horse Film and Television Company will have three works released, namely "The Matrix 2", "Knife of the Assassin" and "Love Spreads".

There are enough of them, and they are of different types so that they don’t compete with each other.

The three works are clearly distinguished in terms of importance. The most important one is undoubtedly "The Matrix 2", followed by "Knife of the Assassin". "Love Is War" is a niche movie that has attracted a wave of couples' votes.

Wu Zebing continued, "This is for the Spring Festival this year. We can't leave it blank in the second half of this year, especially during the winter break. So we will start two projects as soon as possible. One is Northeast Police Story 2, and the other is a new project, which is a script prepared by the boss, called Saw."

"Of these two works, the former, Northeastern Police Story 2, can be shot very quickly because the first one has already accumulated a lot of fans and the project is not complicated. The latter project, Saw, is also a low-budget film, and will also be shot very quickly, within a month at most."

Many people started discussing in low voices again. Everyone knew that "Northeast Police Story 2" would be released sooner or later, but many people were hearing about "Saw" for the first time and did not know what type of movie it was. However, they heard that this was a script prepared by the boss himself, so many people were itching to watch it and wanted to ask the boss for the script right away.

Wu Zebing continued: "In addition, in order to plan short-, medium- and long-term projects, we will also launch several new projects in the second half of the year."

After hearing this, everyone quickly shut their mouths and pricked up their ears to listen to the new project, because this may be the focus of the company's work in the next two to three years.

"The first project is The Wandering Earth, a script prepared by the boss."

Seeing that everyone was whispering again, Wu Zebing said helplessly, "Be quiet! I will leave time for you to discuss after I finish my report. Now listen to me. The Wandering Earth will be the company's highlight in the next two years. It is the core project after The Matrix series. As for the script, after the meeting, if you want to see it, you can come to me, but I have to say it first. The project has not been demonstrated and analyzed, and it has not been established, so you all know the rules. You must not leak any information. If anyone spreads any news, I will definitely pursue it to the end."

Someone said, "Boss Zhang, Boss Wu, don't worry, we have all signed a confidentiality agreement and will never leak any information."

Zhang Tan smiled and nodded without saying anything. He picked up his teacup and took a sip, then continued to listen to Wu Zebing: "That's good. Of course I believe in you all. In addition to The Wandering Earth, we will also launch a core animation project in the second half of the year. It's called 30,000 Miles from Chang'an. The idea was proposed by the boss, but the script hasn't been created yet. The screenwriter team is working on it."

……

A meeting lasted a whole morning. When it ended, although everyone was physically tired, they were all in high spirits and walked with a breeze, which surprised the employees passing by outside the meeting room.

"Boss~"

Zhang Tan was walking towards his office after the meeting when Wu Zebing suddenly followed him.

"Is there something wrong?" Zhang Tan asked.

"I have something to ask. Can I sit in your office for a while?" Wu Zebing said.

"it is good."

Wu Zebing followed Zhang Tan into the office and closed the door.

Zhang Tan knew that what they were going to discuss was probably quite important and secretive.

Li Qing, the last vice president to come out of the conference room, saw this scene, his eyes flickered and he seemed to be thinking about something.

Because it was already quite late, 12:10 noon, and it was time for lunch, Wu Zebing didn't beat around the bush and said directly: "The company now has 25 screenwriters, but it has never established a screenwriting department. I think it's time and it's necessary."

If we want to set up a screenwriting department, then we have to consider the issue of personnel. Who will be the director? Wu Zebing probably came to ask Zhang Tan for this.

No dolls, a transitional chapter

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(End of this chapter)