Reborn Entrepreneurial Giant.
Chapter 45 Cooperation with Lionsgate Films
Chapter 45 Cooperation with Lionsgate Films
At China Film's call, Lionsgate Pictures quickly arranged for someone to come to the door, and he was the company's second-in-command.For China Film, Lionsgate is a small independent production company, and the status of the two parties is seriously unequal. If it were not for Qu Li's request, it would not be considered at all.
Why did Naquli know about Lionsgate Pictures?It's not because this company later grew into the best film company after the Big Six in Hollywood, nor is it because of their cooperation with Electro-Optical Media.
It's because a Chinese director filmed the low-budget "Saw" the year before last. This horror film earned hundreds of millions of dollars at the box office at a cost of $120 million. Prior to this, Lionsgate, which focused on B-level movies, It has also released films such as "Fahrenheit 911/[-]" and "American Psycho" that have achieved both box office and critical success.
Qu Li's English level is not high, but with the participation of a translator, he is not afraid.
"Hello, I know you. Recently, many media in North America have been reporting on you, a talented young man from China. Your method of defeating Microsoft and Intel has been recognized by many people in Silicon Valley." Brian Goldsmith
"Really? Then I'm so happy. Someone finally recognizes my random thoughts."
"That's not a random thought. In fact, someone has already done it, and it has become a listed company."
"Oh, really, I don't know yet."
"Of course, the name of this company is Salesforce, but you need to understand the specific situation yourself."
"Oh, okay, thank you very much."
Then everyone began to discuss "Comet". Before that, they had made a rough translation and showed it to Brian on the computer with subtitles.
"This movie does have selling points, we can give it a try." Brian didn't hesitate long and quickly agreed to let "Comet" be released on a large scale in the United States.
Under the witness of China Film, the two parties reached a relatively fair distribution agreement, with a 15% distribution share and a payment of US$150 million in promotional expenses, mainly used for screenings and word-of-mouth marketing, of which Qu Li was responsible for 50.
Because he faced huge distribution risks, Qu Li paid China Film an additional 100 million soft sister coins as a reward, which was regarded as a nominal fee. China Film was also responsible for supervising whether Lionsgate was lining its own pockets. If everything went well, Lionsgate would earn 150 million US dollars. We also need to be careful about the distribution expenses, and if we want to continue to cooperate with China Film, we have to do things more beautifully this time.
Qu Li has a share of 475 million from the domestic box office of "Comet". After deducting 25 (accounting) costs, there is still 450 million. Bad Monkey pays about 5% personal tax, and there is still 430 million. This money will be received before the end of the year. .The Hong Kong, Macao and Taiwan copyright and revenue rights were sold to China Film, of which 100 million was remuneration, the remaining US$45 was given to Lions Gate, and the remaining US$5 was the cost of Qu Li's video production and promotion on YouTube.
The international copyright of "Comet" was sold to a leather bag company owned by Qu Li in Hong Kong, so it has little to do with the country, and it will be unclear when the time comes.
Under this model, Quli and Lionsgate share the risk. If the box office performance in North America is not good, it is likely that all the money will be wasted or the promotion fee will be recovered, so China Film will not have any risk at all.
After many days of delay, he was finally able to leave for Yangcheng. This time he had another harvest in Beijin. Lin Bing finally agreed to leave his job at the end of the year and start a business with him.Knowing that Qu Li was leaving, Zhou Shaoning, who had met him two or three times in the past few days, asked him to meet again.
"If I join, will you worry about being left out?" Zhou Shaoning didn't know if he was possessed by evil spirits. He was first encouraged by Ma Yun to do logistics, but now he was tempted by Qu Li and actually wanted to start a business with him. Could it be that he Can't compare to a junior high school student?
"..." Qu Li was very hesitant and confused after hearing this. Is he really the son of destiny? Forget it, Lin Bing is an engineer, but Zhou Shaoning is a professional manager.
"It's a lie not to worry. I don't know how much you trust me. Do you simply believe in the direction I have chosen, or do you believe in my abilities? Do you want to compete with me for power, or do you really want to do this well?"
"Is there any difference?" Zhou Shaoning asked back
"I don't know." Qu Li said in embarrassment. This is like Ali CEO Zhang Yong suddenly resigning and saying that he would start a business with a small company owner. It is a test for everyone.
"How many shares do you want? Invest as a founder, or with a VC."
"Which method do you think is more suitable?" Zhou Shaoning
"The venture capital offer will be discounted by 3%, with a maximum of 10%, with exit restrictions, and the shares will be recovered at a discount within a certain number of years." Qu Li quickly gave a solution. If he didn't agree, then he wouldn't do it. He couldn't be a major shareholder and couldn't make a decision. In terms of business management, he might as well invest in Dog Dong and become Brother Dong's brother.
"I want to think about it." This time Zhou Shaoning did not agree easily.
"Okay, I will start formal negotiations with Sequoia and IDG after I return to Yangcheng. We can do it at any time before they make an offer."
"I understand." Zhou Shaoning knew that his joining was a double-edged sword for Qu Li. Even if he didn't take the initiative, he might still occupy the magpie's nest with the promotion of venture capital.But in the view of venture capital, it will increase the probability of Wanheihei's success and will also increase Wanheihei's valuation.
In this way, Qu Li returned to Yangcheng with full of thoughts. Even if these two big guys join, there are still many things to consider in the future, such as the choice of headquarters. Beijin is an education center and a talent distribution center in the country. There are many people I just want to stay in Beijin and don't want to go south.
Xiong Ge and Shen Nanpeng had arrived in Yangcheng a long time ago. Chen Danlin was responsible for receiving them and introducing the company's situation. There was nothing to hide. Wan Hehei's most important asset was not the three online stores now, but Quli's brain. thoughts inside.
"You're finally done." Xiong Ge expressed his dissatisfaction tactfully. It was a problem for entrepreneurs to have too many ideas and not be able to focus on the business. If Qu Li hadn't been so amazing, he would have really wanted to give up.
"There is no way. If you want to publicize at the lowest cost, some things are unavoidable." Qu Li is not busy, he is advertising for his company and brand.
With the announcement of the Xiangyun Torch for the Olympic Games, Qu Li's Xiangyun Men's Clothing was born. The sales volume of the online store has increased sharply these days, surpassing that of Danlin Women's Clothing Store. This is proof of the good combination.
Xiong Ge said not to dwell on it anymore. What he invested in was people. Since he chose to believe it, he should believe it to the end and give him a chance to prove it.
"To be honest, your current company doesn't have many bright spots..." Shen Nanpeng
"In addition to the super high revenue, you are more profitable than I thought. You can definitely recruit people to build the website yourself..."
"I want to lay a solid foundation. If I choose to make do with it from the beginning, it will be more difficult to change later. It is better to adopt higher standards in the core department from now on."
“Have you found the talent you’re looking for?”
"One has already been decided, and the other is still being hesitated."
"Who?" Shen Nanpeng
"Lin Bing, Engineering Director of Microsoft Research Asia!"
"Who?" Xiong Ge
"Lin Bing, Engineering Director of Microsoft Research Asia!"
Shen Nanpeng and Xiong Ge looked at each other. This person's level of deception was too high!
At China Film's call, Lionsgate Pictures quickly arranged for someone to come to the door, and he was the company's second-in-command.For China Film, Lionsgate is a small independent production company, and the status of the two parties is seriously unequal. If it were not for Qu Li's request, it would not be considered at all.
Why did Naquli know about Lionsgate Pictures?It's not because this company later grew into the best film company after the Big Six in Hollywood, nor is it because of their cooperation with Electro-Optical Media.
It's because a Chinese director filmed the low-budget "Saw" the year before last. This horror film earned hundreds of millions of dollars at the box office at a cost of $120 million. Prior to this, Lionsgate, which focused on B-level movies, It has also released films such as "Fahrenheit 911/[-]" and "American Psycho" that have achieved both box office and critical success.
Qu Li's English level is not high, but with the participation of a translator, he is not afraid.
"Hello, I know you. Recently, many media in North America have been reporting on you, a talented young man from China. Your method of defeating Microsoft and Intel has been recognized by many people in Silicon Valley." Brian Goldsmith
"Really? Then I'm so happy. Someone finally recognizes my random thoughts."
"That's not a random thought. In fact, someone has already done it, and it has become a listed company."
"Oh, really, I don't know yet."
"Of course, the name of this company is Salesforce, but you need to understand the specific situation yourself."
"Oh, okay, thank you very much."
Then everyone began to discuss "Comet". Before that, they had made a rough translation and showed it to Brian on the computer with subtitles.
"This movie does have selling points, we can give it a try." Brian didn't hesitate long and quickly agreed to let "Comet" be released on a large scale in the United States.
Under the witness of China Film, the two parties reached a relatively fair distribution agreement, with a 15% distribution share and a payment of US$150 million in promotional expenses, mainly used for screenings and word-of-mouth marketing, of which Qu Li was responsible for 50.
Because he faced huge distribution risks, Qu Li paid China Film an additional 100 million soft sister coins as a reward, which was regarded as a nominal fee. China Film was also responsible for supervising whether Lionsgate was lining its own pockets. If everything went well, Lionsgate would earn 150 million US dollars. We also need to be careful about the distribution expenses, and if we want to continue to cooperate with China Film, we have to do things more beautifully this time.
Qu Li has a share of 475 million from the domestic box office of "Comet". After deducting 25 (accounting) costs, there is still 450 million. Bad Monkey pays about 5% personal tax, and there is still 430 million. This money will be received before the end of the year. .The Hong Kong, Macao and Taiwan copyright and revenue rights were sold to China Film, of which 100 million was remuneration, the remaining US$45 was given to Lions Gate, and the remaining US$5 was the cost of Qu Li's video production and promotion on YouTube.
The international copyright of "Comet" was sold to a leather bag company owned by Qu Li in Hong Kong, so it has little to do with the country, and it will be unclear when the time comes.
Under this model, Quli and Lionsgate share the risk. If the box office performance in North America is not good, it is likely that all the money will be wasted or the promotion fee will be recovered, so China Film will not have any risk at all.
After many days of delay, he was finally able to leave for Yangcheng. This time he had another harvest in Beijin. Lin Bing finally agreed to leave his job at the end of the year and start a business with him.Knowing that Qu Li was leaving, Zhou Shaoning, who had met him two or three times in the past few days, asked him to meet again.
"If I join, will you worry about being left out?" Zhou Shaoning didn't know if he was possessed by evil spirits. He was first encouraged by Ma Yun to do logistics, but now he was tempted by Qu Li and actually wanted to start a business with him. Could it be that he Can't compare to a junior high school student?
"..." Qu Li was very hesitant and confused after hearing this. Is he really the son of destiny? Forget it, Lin Bing is an engineer, but Zhou Shaoning is a professional manager.
"It's a lie not to worry. I don't know how much you trust me. Do you simply believe in the direction I have chosen, or do you believe in my abilities? Do you want to compete with me for power, or do you really want to do this well?"
"Is there any difference?" Zhou Shaoning asked back
"I don't know." Qu Li said in embarrassment. This is like Ali CEO Zhang Yong suddenly resigning and saying that he would start a business with a small company owner. It is a test for everyone.
"How many shares do you want? Invest as a founder, or with a VC."
"Which method do you think is more suitable?" Zhou Shaoning
"The venture capital offer will be discounted by 3%, with a maximum of 10%, with exit restrictions, and the shares will be recovered at a discount within a certain number of years." Qu Li quickly gave a solution. If he didn't agree, then he wouldn't do it. He couldn't be a major shareholder and couldn't make a decision. In terms of business management, he might as well invest in Dog Dong and become Brother Dong's brother.
"I want to think about it." This time Zhou Shaoning did not agree easily.
"Okay, I will start formal negotiations with Sequoia and IDG after I return to Yangcheng. We can do it at any time before they make an offer."
"I understand." Zhou Shaoning knew that his joining was a double-edged sword for Qu Li. Even if he didn't take the initiative, he might still occupy the magpie's nest with the promotion of venture capital.But in the view of venture capital, it will increase the probability of Wanheihei's success and will also increase Wanheihei's valuation.
In this way, Qu Li returned to Yangcheng with full of thoughts. Even if these two big guys join, there are still many things to consider in the future, such as the choice of headquarters. Beijin is an education center and a talent distribution center in the country. There are many people I just want to stay in Beijin and don't want to go south.
Xiong Ge and Shen Nanpeng had arrived in Yangcheng a long time ago. Chen Danlin was responsible for receiving them and introducing the company's situation. There was nothing to hide. Wan Hehei's most important asset was not the three online stores now, but Quli's brain. thoughts inside.
"You're finally done." Xiong Ge expressed his dissatisfaction tactfully. It was a problem for entrepreneurs to have too many ideas and not be able to focus on the business. If Qu Li hadn't been so amazing, he would have really wanted to give up.
"There is no way. If you want to publicize at the lowest cost, some things are unavoidable." Qu Li is not busy, he is advertising for his company and brand.
With the announcement of the Xiangyun Torch for the Olympic Games, Qu Li's Xiangyun Men's Clothing was born. The sales volume of the online store has increased sharply these days, surpassing that of Danlin Women's Clothing Store. This is proof of the good combination.
Xiong Ge said not to dwell on it anymore. What he invested in was people. Since he chose to believe it, he should believe it to the end and give him a chance to prove it.
"To be honest, your current company doesn't have many bright spots..." Shen Nanpeng
"In addition to the super high revenue, you are more profitable than I thought. You can definitely recruit people to build the website yourself..."
"I want to lay a solid foundation. If I choose to make do with it from the beginning, it will be more difficult to change later. It is better to adopt higher standards in the core department from now on."
“Have you found the talent you’re looking for?”
"One has already been decided, and the other is still being hesitated."
"Who?" Shen Nanpeng
"Lin Bing, Engineering Director of Microsoft Research Asia!"
"Who?" Xiong Ge
"Lin Bing, Engineering Director of Microsoft Research Asia!"
Shen Nanpeng and Xiong Ge looked at each other. This person's level of deception was too high!
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