The richest person in Chinese entertainment

Chapter 72 Cooperation reached
After Zhang Chen obtained the exclusive online copyright of Warner's movies, TV series and songs, his expectations for the movie "Harry Potter" also decreased.

There are countless ways for Hollywood to cheat him, and he proposed harsh conditions to avoid being cheated, but the other party did not agree.

Then the only thing we can do is to leave a way out for ourselves.

After some discussion, Zhang Chen and Warner finally reached the following agreement:

1. Zhang Chen's American production company "Sunlight" can obtain % of the investment in "Harry Potter and the Sorcerer's Stone" and enjoy % of the film's profits. At the same time, it shares the film's copyright with Warner, but the digital copyright belongs to Zhang Chen.

In the absence of control over the project, getting a shared copyright is already a good condition. Zhang Chen will also be able to share in the future film licensing fees. Moreover, it is still unknown which is more valuable, digital copyright or physical copyright.

2. For each of the Harry Potter films, Warner Bros. will have the priority to invest under the same conditions.

This is something Zhang Chen will never give up on. He has already prepared himself to be cheated in his first movie.

If Warner really decides to take things to the extreme, then don't blame him for finding an opportunity to shoot it himself in the future. After all, the first film was a hit, so as long as the second film doesn't fail, there will be no problem.

3. The contracts of all actors in the "Harry Potter" movies must be signed under the name "sunlight".

This is also to prevent Warner from controlling the actors' contracts and preventing them from working with Zhang Chen. This issue was discussed with Kevin for a long time. In the end, Kevin realized that since he held everything in his hands, there was no point in discussing the cooperation.

4. "sunlight" employees will participate and assist in the filming throughout the process.

This is also why Zhang Chen wants to train his employees to become familiar with the production of blockbuster films.

5. Movie peripheral products will be produced by a company established by Zhang Chen. At the same time, the sales rights of peripheral products in China belong to Zhang Chen. Warner will purchase products from Zhang Chen and sell them all over the world.

This is a simple one. Labor costs in China are much cheaper, so the manufacturing costs of many low-end products are much lower than those made by Warner in other places, which is a mutual benefit.

In addition, Kevin was also aware of the power of copycat merchants in the Chinese market, so he just gave it up.

6. Supplementary terms: Warner will sell the digital copyrights of all the group's movies, TV series, and songs to Zhang Chen's company "CGT" for $1 for a period of 50 years.

The copyright still belongs to Warner, but the online digital copyright of these movies, TV series and songs belongs exclusively to Zhang Chen. At the same time, Zhang Chen will distribute a certain amount of profits to singers and songwriters after making profits.

There is no reason for Warner to disagree with this, and it may even increase the income of the company's artists.

Zhang Chen proposed this to prevent killing the goose that lays the golden eggs. He has obtained the exclusive authorization. As long as it can bring benefits to others, I believe that the cooperation will continue in the future.

"Kevin, I believe you have already made a budget for this project?" After signing the memorandum, Zhang Chen asked about Warner's preparations.

He believes Warner has already taken some preliminary steps for the project.

"For the first Philosopher's Stone, our company's internal budget is 1.4 million US dollars." Kevin didn't hide anything and directly quoted the price.

When a large company wants to do a project, it will definitely do some calculations first to see if there is any profit point before deciding whether to really start the project.

"Kevin, I need to remind you that Rowling needs to supervise the casting and filming of the entire movie." Zhang Chen once again mentioned a request he had made when they first met.

Zhang Chen promised Rowling this when he acquired the copyright, so after he authorized it, the other party also needed to abide by this clause.

"This" Kevin had a headache. He didn't expect that there was such a harsh condition waiting for him.

"Kevin, don't worry." Zhang Chen raised his hand and pressed it down, signaling him to relax. "A responsible author also hopes that his work can be better presented to everyone. This is understandable."

"But, it will cost you a lot less money, right?" Kevin said helplessly. "But it will also make more money, right?" Zhang Chen asked back, "And I believe you are capable of finding the most suitable way between the two to make the movie."

"By the way, don't forget that the movie loan should not be too outrageous. Remember that we have signed a contract." Zhang Chen couldn't help but remind him.

Hollywood companies have done a lot of outrageous things, such as borrowing large sums of money from their subsidiaries to make movies, and the interest rates can be ridiculously high.

After a film project is established, you can apply for a loan from a bank with the project. This is a necessary choice that many production companies will make in order to ensure that they have sufficient cash flow.

Some companies will borrow funds with high interest rates from their own companies in order to increase costs so that other investors can get less profits, thereby making a lot of extra money.

After chatting with Kevin again for a while, he said goodbye. He needed to deal with the people from Warner Records and get the digital copyright of the song before signing a contract with Zhang Chen. The date was set for the day after tomorrow.

"The talk is finally over." After Zhang Chen sent Kevin away, he returned to the living room and collapsed on the sofa.

"Boss, you have a talent for acting." Xiao Xue couldn't help but say this after pouring a cup of black tea for Zhang Chen.

"Right? I think so too." Zhang Chen smiled proudly.

But just now he and Kevin were at most acting together.

"I'm hungry. Can I eat now?" Zhang Chen took a sip of tea, then put it back when he realized it was too hot.

"Xixi said she wanted to cook a meal for you, but I don't know if she is ready." Xue Yining had a hint of fear on her face when she spoke.

"She? Cooking?" Zhang Chen turned around and glanced at Xue Yining, "Seriously?"

Xue Yining shrugged, indicating that she didn't know either.

"Forget it, just eat it." Zhang Chen waved his hand and didn't care.

Xue Yining seemed to be hesitant to speak, wanting to remind Zhang Chen that this was not a question of whether to compromise or not, but a question of whether one could eat or not.

"What kind of dish is this?" Zhang Chen asked a soul-searching question as he looked at the indescribable dish in front of him.

How should I describe the dish in front of me? It’s like a group of fish stuck in the mud, longing for the light of the starry sky?
"I made this according to a recipe called 'Look Up at the Stars'" Liu Yifei sniffed, looking proud.

"Ying country cuisine?" Zhang Chen remembered that Ying country did have such a "famous dish".

"Yes, shouldn't we try the local specialties when we come to Ying Country?" Liu Yifei was thinking that she seemed to have not eaten Ying Country's food in the past two days, so she thought of trying to make one herself while Zhang Chen was busy.

Although the song Zhang Chen wrote for her seemed to be a mockery of her, one cannot deny the excellence of the song "Song of Paradise Island", and there is also an English version that Zhang Chen hasn't had time to sing yet.

"You have courage!" Zhang Chen gave a thumbs up.

Why learn any other cuisine? Why does he have to choose Chinese cuisine? It seems that Xiao Liu has a talent for cooking.

"Stop talking and eat quickly." Liu Yifei handed Zhang Chen a fork.

Zhang Chen looked at the fork and those dead eyes in front of him and fell silent. Eat? Or not?
　After three rounds of recommendations, which will be next week, this book will probably be on the shelves. I hope you will give me a first order then. Thank you very much!
　　Also, those of you who have votes, please vote for this book!

(End of this chapter)