In the blink of an eye, the first box office week of October has passed.
As expected by the Gomen Pictures team, the documentary "Everest" achieved a reverse decline in the week after its release from October 1st to October 7th. Although it was not high, with only a 6% decline, it was undoubtedly once again This proves the reputation and market potential of this documentary.
All in all, in its second week of release, "Everest" grossed another $8.21 million with a box office average of $59,000, bringing the cumulative box office to $15.99 million.
On October 8th, a new box office week, in addition to IMAX screens, with the support of Daenerys Entertainment’s strong publicity and distribution background, the Gaomen Pictures team quickly opened 1,563 ordinary screens in North America for "Everest".
Since the very early "Imprint of Gucci", Daenerys Entertainment has been cultivating the documentary market. Therefore, when it comes to the full rollout of "Everest", they are not worried about the commercial performance. Instead, they are very confident that they can do it on a large scale. After being rolled out, this documentary will have even better market feedback.
Some media are even predicting that "Everest" is likely to exceed US$100 million at the box office and enter the US$100 million box office club in North America.
Judging from the trends in the past two weeks, coupled with the spread of ordinary screens, this possibility is not impossible.
October 9th.
It's another Saturday.
Simon woke up early in the morning in a mountainside mansion on the shores of Lake Como, north of Milan, Italy.
I have been in New York for the past week, dealing with several pregnant women while working. Occasionally I spoke to Sophia, who was managing the four major fashion weeks here. After being teased a few times, Simon became "irritated" and wanted to come over to deal with the women.
Just kidding, of course.
I just don’t want to be tied down by anything. If by now, I can’t leave at any time, life will be too boring.
So he flew over.
This autumn's Milan Fashion Week opened yesterday and is expected to last until next Thursday, lasting exactly one week, and then will be the most important and final Paris Fashion Week.
There is no way, even though Melisandre is already the largest luxury goods group in the world, France's fashion industry, because of its many brands, is still stronger than Italy's. Speaking of fashion week, it lasts seven days here, and it is expected to last 11 days in Paris.
Of course, even though several core brands are based in Italy, Melisandre is now a global company with brands all over the world, including France.
After some conflicts in Africa, Simon rarely went to France in recent years in order to avoid some troubles.
Not interested this time either.
I arrived yesterday afternoon and accompanied Sophia to socialize. In the evening, it was a world of two. It was a new day, no work arrangements, just complete recreation.
But basically I just watch shows everywhere.
Simon's pastime made Milan agitated.
After all, a certain super tycoon suddenly appears in various shows in Milan. For a model, if he is spotted, it will be a step to the sky. Even the brand itself, many are looking forward to being acquired by Melisandre. After all, the current trend in the luxury goods market is very clear. If established companies insist on the strategy of going it alone, it will be difficult to survive in the globalized industry trend. Affiliation with giants is undoubtedly the best choice.
Simon ignored this.
The main thing is to look at girls.
Although, I don’t remember how many times I slept with her, but girls are like flowers in spring, one after another.
Um.
Anyway, Saturday night once again became Simon's personal time, and this time the theme was cold beauty.
The theme of failure.
Because it turned out that none of them were too aloof, but rather enthusiastic, which even Simon couldn't resist.
For example, the next day I was woken up by a 'little snake' swimming around my body.
Maria Cara Bogono, whose abbreviation is MCB, was once nicknamed 'Snake Spirit' in the circle. She is still a young snake who has just debuted for two years. She is also the only one among the girls Simon collected yesterday who has an impression.
But, considering the six in New York, Simon doesn't have any thoughts of further development.
After having breakfast with a group of beauties who finally became aloof again after getting out of bed, Simon took a private plane to Finland and attended a Nokia board meeting, also about the summary of the third quarter of 1999, and then In the evening, she flew to London again and took Shulshkina to attend a social event in the UK.
The next day, return to North America.
After arriving in Los Angeles and Hollywood, in addition to the steady progress of various projects, Simon went to work on Tuesday and received another report that surprised him again.
Still about "Dragon".
After the first round of DHO broadcasts, "Dragon" was officially launched on Blockbuster channels on Monday, October 4.
Then, with the popularity of this Chinese martial arts TV series not cooling off even after the DHO broadcast, it generated US$3.1 million in revenue from Blockbuster channels in just one week from October 4th to October 10th.
3.1 million US dollars is certainly incomparable to those blockbuster movies.
However, this is a Chinese martial arts TV series that is definitely not popular in North America. It has no English dubbing and only has a subtitled version.
The revenue of this project was US$3.1 million in the first week after it was launched. According to the evaluation of the Blockbuster team, the revenue of this project is expected to reach US$10 million in the first month. Then, considering that home entertainment channels are more long-term than theaters and TV According to the trend, it is estimated that this project will bring at least US$30 million in revenue to Blockbuster in the next year.
Even higher, even 50 million, is not impossible.
Now, things are more fun.
When Simon invested in this project, he never thought about making money. The distribution in Asia also proved that the project's return on investment was far away. He signaled Daenerys to buy the European and American copyrights. Simon also had no intention of making money. I just feel that it is a pity that such a good TV series is not broadcast through more channels.
As for the feedback from North American audiences, anyway, there is a certain foundation of kung fu movies here.
Unexpectedly, things would evolve to the extent they did now.
Speaking of this project, what is the profit margin of the home entertainment channel
According to the agreements signed with major associations, the gross profit of the home entertainment channel is calculated based on 20%. However, in fact, everyone understands that this number, even if it is reversed, is not an exaggeration.
However, of course, first of all, without considering the production cost of the project itself, we only talk about the production costs of video tapes/DVDs and other carriers and the operating expenses of home entertainment channels.
This means that even according to Blockbuster's conservative revenue forecast of US$30 million and a gross profit level of 80%, in the next year, "Dragon Movie" will be able to provide Daenerys with just on the Blockbuster platform. Entertainment generated $24 million in gross revenue.
24 million U.S. dollars, after deducting 15 million U.S. dollars of production costs, the profit was 9 million U.S. dollars.
Of course, that's not how things work out.
The production cost of US$15 million was originally paid out of Simon's personal pocket. This time, the actual calculation method should be that Daenerys Entertainment spent 1 million US dollars to buy out the European and American copyright of the project, and spent another 1 million US dollars on the production of subtitles and other aspects. As for the announcement, it is also here. Within 1 million US dollars, it mainly relies on some regular operations from DHO and Blockbuster teams.
All in all, it was an investment of about US$2 million, not to mention the potential revenue from the late-night theater ratings record set by DHO broadcasts before. Blockbuster's one item, to be precise, was US$24 million, minus the cost of 2 million, making a profit. $22 million.
In terms of return on investment, it’s a huge profit!
Um.
To break it down further, to be more precise, Simon, an unlucky investor, was still losing money because he sold the copyright of "Dragon Movie" at a low price. Even TVB and CCTV, which are considered partners, are still in a state of loss. It’s not a loss, after all, the two parties only contributed some resources, but they certainly won’t be able to profit from the North American profits of this project.
The final result is that there is only one winner in the "Dragon" project, Daenerys Entertainment.
Now, here comes the problem.
What to do next
Prior to this, due to the success of "Dragon" on the DHO platform, Daenerys's first thought was to purchase more Chinese martial arts TV series. Unfortunately, after investigation, it was discovered that most of them were not mentioned there. But most, or almost all, martial arts TV series can only be regarded as shoddy compared to "Tian Long Ba Bu".
Or not just TV series, even some classic martial arts movies in Hong Kong can only be described as rough compared to the greatness and sophisticated production of "Tian Long Ba Bu".
There is simply nothing worth buying.
If you can't buy it, the best way is of course to invest in making it yourself.
People here have roughly figured out that Jin Daxia, as the author of the "Dragon Babu" novel, has more than ten series of novels that can be developed, so there is no shortage of projects.
So, do it
After all, the US$15 million investment in "Dragon Movie" is a sky-high price in China, but it's nothing in Hollywood.
Just for a small comparison, the American version of "Ghost Story", which will be released due to Halloween at the end of the month, is adapted from a Korean movie. The final production cost in Hollywood is US$10 million, which can only be regarded as low. The production cost is high, but the same 10 million US dollars is enough to produce a blockbuster in South Korea today.
The exchange rate advantage is incomparable.
Therefore, it is affordable to invest here.
However, everyone also has concerns, mainly because they are worried that the success of "Dragon" will be just a flash in the pan. After all, if ordinary TV dramas are not shoddily produced, according to the standards of "Dragon Movie", it will take about two years to start planning now and finally complete it.
In two years, who knows what the tastes of audiences here in Hollywood will be like
After all, even if it is an English-language film, some themes will no longer be so popular in Hollywood every few years. Perhaps, when the next one is produced, people will have forgotten this TV series that is still popular at this time.
In the end, of course, the problem was pushed to Simon.
Continue to do it