Chapter 278: million box office record (Part )
When the donation news attracted the attention of most people in Hong Kong, Wang Yaowei took the opportunity to lobby several major film companies.
In the face of the long-term benefits in the next three to five years, several major film companies are indeed tempted. However, they are very worried that if the "Source Code" series does not meet expectations, won't they be making wedding dresses for tomorrow's film companies?
This worry is not without reason. After all, sequels can easily cause movie fatigue. A high-grossing series is difficult to maintain for a long time. The reason is complicated, and it may be because of the main creators, such as the "Best Partner" series.
It could also be because of the actors, like in zombie movies.
Or it could be creative fatigue, such as the "Detective Chinatown" series.
Wang Yaowei also knew their concerns, so he analyzed the pros and cons for them.
"We at Mingtian Films have some experience in making series films. Although the filming of the Chinatown Detective series has been suspended, as long as Stephen Chow and He Jiajin have the creative passion, they can restart. The script is ready, and our boss wrote it a few years ago."
"In addition, we are currently working on the Huang Feihong series of films. Although they are not as good as the Chinatown Detective series, the box office has remained stable at more than 20 million, and we have been making money all the time."
"The Source Code series of films, although they require a large investment and are difficult to shoot, have their advantages, which is that they are not easy to imitate, which helps prevent other companies from imitating them. The protagonists of each series are changed, which helps avoid homogeneity and creative fatigue. As long as we find the right protagonists for each series, it's basically a sure thing."
"If we can set a historic box office record in the first step, the subsequent films will save a lot of publicity costs. Let's assume that the first film of Source Code can get 70 million Hong Kong dollars at the box office, then the subsequent films, as long as the quality is not bad, should be able to get 60 million Hong Kong dollars at the box office. And the foreign copyright will probably be more than twice the box office."
"So the profit of the sequel is HK$ million, and the cost will be kept at around HK$ million. The net profit is HK$ million, and you can get a total of HK$ million, minus the HK$ million from our company. The cost is HK$ million, and after recovering the cost, there will be five times the profit."
To earn such a high profit, all they paid was a high box office schedule. To be honest, even if they starred in their own movies, they might not make as much as this project.
The only worry now is whether Source Code can get such a high box office. This requires several major film companies to take a gamble. If they win, they can share a piece of the pie with Tomorrow Film Company. If they lose, there will be no problem in recovering the cost, but they will lose a schedule where their own films may not be released.
No matter who you are, you will know what to choose.
Soon, several major companies signed cooperation agreements with Wang Yaowei.
In the past few days, the box office of "Source Code" has been rising steadily. On the second day, it received a box office of 367 million Hong Kong dollars. The third day was a working day on Monday, but it was still difficult to resist the audience's enthusiasm for watching movies, and it still received a box office of 236 million Hong Kong dollars. Moreover, these two days are Christmas, and many young people will choose to date during these days, eating, watching movies, and staying in hotels. Therefore, in the three days of Christmas, "Source Code" received a total of 760 million box office. By Friday, "Source Code" received more than million box office in its first week.
Wang Yaowei signed the contracts with several major companies very timely, just after Christmas and before New Year's Day. There were originally two well-made movies that were about to be released, but after signing the agreement, these two movies were immediately withdrawn to make way for "Source Code".
In order not to violate the agreement of the theater alliance, each company replaced the film with two movies that could not be shown in theaters.
Since then, no movie has been able to threaten "Source Code". Moreover, this year's New Year's Day holiday is very long, with a total of five days, including the weekend and the New Year's Day holiday. During these five days, the box office of "Source Code" has soared, and once again won more than 21 million box office.
The film earned more than 40 million yuan at the box office in 12 days, which greatly excited other film companies.
As long as the box office of "Source Code" remains stable, it seems that it is not impossible to achieve the market limit record of 70 million.
So the qualification they got to invest in the sequel of Source Code was a lucrative deal. Source Code has become a craze in Hong Kong, and many people have watched it twice, even three times, or four times. Especially young people, they all use Source Code as a topic of conversation to discuss the high-tech products that appear in the film.
These high-tech products are amazing, and many people dream of owning one. Tomorrow Films immediately launched the peripheral products of Source Code after filming.
Posters, stickers, figurines, everything is available, all from Liu Hongmin's toy factory. After Source Code was released, these peripherals sold very well. After the full rollout, Tomorrow Film Company has made millions in profits in the past few days.
After the holiday, the box office of Source Code dropped, but the drop was not too severe, and it still took in more than 2 million yuan a day. By the weekend, the box office picked up again, but it did not rise to 3 million.
In this way, the total box office in the third week was more than 15 million, and the total box office reached 60 million Hong Kong dollars.
Seeing that the box office revenue of 70 million was about to be achieved, people from major film companies became excited and became more convinced that this investment was a good project.
Starting from the fourth week, the box office of Source Code finally dropped to more than one million. By Friday, it finally dropped to less than one million. Over the weekend, the box office recovered to more than one million. The seven-day box office reached 10 million Hong Kong dollars.
The total box office officially exceeded 70 million Hong Kong dollars, and the entire Hong Kong film industry was in an uproar. They had never thought that a movie could get a box office of 70 million Hong Kong dollars, and the box office record was raised by nearly 20 million.
The Hong Kong audience was also excited, they thought they had witnessed history. The box office record of 70 million Hong Kong dollars witnessed the prosperity of Hong Kong movies, and the people of Hong Kong were proud of it.
When Li Lizhen heard the news, she was also amazed.
"Honey, Source Code is so amazing. Brother Xiaoming and his friends are so talented."
Liu Hongmin smiled and asked, "Isn't your husband talented?"
"Of course he is talented!" Li Lizhen leaned against him, "My husband is the most talented."
"That's pretty much it!"
Liu Hongmin then explained: "Science fiction movies are a rare genre in Hong Kong and even in China. Coupled with the rigor of the story and the novelty of the high-tech items, it has led to such a box office. When the next movie is released, the box office will not be so high."
"That's also amazing! After all, there is always a first part!" Li Lizhen praised.
"You are absolutely right!"
(End of this chapter)
