SFS Chapter 107 Release and Investment
Chapter 107 Release and Investment
November 9th, the day before the premiere of "Love is Not Blind".
Fu Yibai stood in the editing studio of the franchise film company, looking at the distant mountain scenery through the floor-to-ceiling windows, his phone pressed to his ear.
"Mr. Fu, are you really not coming back for the premiere tomorrow?"
Wang Peng's voice came through the receiver, tinged with regret.
"We can't go back."
Fu Yibai turned around, his gaze sweeping over the densely packed timelines on the editing table.
"I can't leave here later, so you'll be in full charge."
"clear."
After hanging up the phone, Fu Yibai returned to his work area.
Post-production work on "Inception" is in full swing, and he needs to oversee every aspect, from editing and color grading to special effects.
Especially the special effects.
Because next year's "Painted Skin" will also have a lot of special effects.
On November 11, "Love is Not Blind" was officially released in the country.
With both China Film Group and Galaxy Film Group exerting their efforts, the two companies allocated more than 60% of the screenings for "Love is Not Blind," effectively sealing the fate of several low-budget films still in theaters.
"Love is Not Blind" also lived up to the screenings given to it by both companies, who swallowed their pride.
On December 12th, the box office figures for the first day were released – 15.3 million.
It's worth noting that Zhang Yimou's commercial blockbuster "Hero" only grossed about 1100 million yuan on its opening day.
The opening day box office figures for "Love is Not Blind" shocked the entire entertainment industry.
No one understands why a mid-budget urban romance drama could beat a big-budget production like "Hero" at the box office on its opening day.
Based on the opening day box office figures, the final box office for "Love is Not Blind" is estimated to be between 250 million and 300 million yuan.
Upon receiving this result, all the production companies in the industry went crazy.
The nearly 30-fold return on investment made those production companies green with envy.
They held a meeting overnight to analyze the secrets to the success of "Love is Not Blind".
While everyone was still in shock, that old guy Han Shanping made a direct call to Los Angeles.
"Yi Bai! It exploded! A massive explosion!"
The opening day box office was 1358 million yuan, and the final box office is predicted to be close to 3 million yuan!
Han Shanping's excited voice came through the microphone, and Fu Yibai's ears were ringing from the shock.
"Mr. Han, don't be too happy yet."
The reason why the box office was so high on the first day was largely due to our six-month-long promotion.
Most moviegoers were driven by curiosity to go to the cinema.
To maintain the hype and truly reach 3 million in box office revenue, the promotional efforts cannot stop, and at the same time, you must send people to keep an eye on the cinemas.
Don't let pirated copies flood the market so quickly.
Han Shanping's laughter subsided somewhat on the other end of the phone.
"Don't worry, I know better than you how serious piracy is."
China Film Group has already assigned people to keep an eye on it, and once the source is found, it will be blocked immediately.
"That's good."
"Yi Bai, I am truly grateful for your kindness."
Thirty-Three made a fortune for China Film Group and even led to its participation in big-budget productions like Inception.
I really don't know how to thank you enough.
Han Shanping's tone was tinged with emotion.
"Mr. Han, you're too kind. Let's all help each other out."
Mr. Han has been a great help to me; we're friends, so there's no need to be so polite.
"Haha, you little rascal."
Okay, I won't stand on ceremony with you then.
If you ever encounter any difficulties in the future, just come to me, and I will definitely help you solve them.
I know you're busy, so I won't bother you.
You absolutely must come back for the victory celebration! Let's have a good drink together.
"Definitely, definitely."
Han Shanping then hung up the phone.
After hanging up the phone, Fu Yibai threw himself back into his work.
"Chen Zheng, have you found a way to get special effects equipment?"
Currently, China's special effects equipment is very outdated, and most of the post-production special effects in China are sent abroad for production.
However, sending special effects tasks abroad is not only costly, but also extremely inefficient in terms of communication.
Sometimes a large sum of money is given away, only to be returned with a bunch of shoddy products, a waste of money.
Fu Yibai did not want to be controlled by others, so Chenxi had to build its own core technology team and hardware infrastructure.
Chen Zheng sat opposite Fu Yibai and reported: "President Fu, I have made contact with Industrial Light & Magic's decommissioned equipment through several special channels. Although the models are not the latest, the basic architecture is complete and suitable for our start-up."
However... customs is being quite strict, it will take time to clear things up.
Fu Yibai frowned upon hearing this.
Are only retired equipment available?
"Can't you get the latest model?"
"this……
As you know, the control over this kind of cutting-edge technology is very strict here.
If you want to…
Fu Yibai raised his hand to interrupt.
"Spend money! In this country, is there anything that money can't solve?"
"this……"
Chen Zheng hesitated for a moment, then nodded.
I tried my best.
"Then get to work."
"Yes."
After Chen Zheng left, Fu Yibai began to review the report that Chen Zheng had sent.
Since Xinghui Investment Company assembled its investment team, the team has successfully invested in several early-stage technology companies according to his requirements.
The areas involved are all industry hotspots for the next few years.
The current investment will multiply several times to more than ten times in the next few years.
In addition to these startup tech companies, Star Overseas, under Chen Zheng's leadership, also invested in Google, which had just gone public, and Apple, which was secretly developing its first-generation smartphone.
Each of the two Star Overseas companies invested US$3 million, representing 1.3% and 1.15% of the total investment, respectively.
Don't underestimate the small percentage of shares each company holds; even with just that small percentage, Fu Yibai's $6 million will multiply dozens or even hundreds of times in the future.
In addition to these two tech giants, there is also Tencent, which just went public in Hong Kong this year. Through Goldman Sachs' sponsorship, Star Overseas invested US$1 million to acquire a 14.4% stake.
This made Fu Yibai one of Tencent's major shareholders.
For this reason, Tencent's Ma even flew to Los Angeles to meet with Fu Yibai.
When Tencent's CEO saw how young Fu Yibai was, he was shocked.
As Fu Yibai provided Tencent's Ma with development ideas from a futuristic perspective, Tencent Ma increasingly recognized Fu Yibai's abilities.
The two then had a pleasant conversation, and to reassure Tencent's Ma, Fu Yibai signed a concerted action agreement with him.
After the agreement was signed, Tencent's Ma also promised that he would keep Fu Yibai's identity confidential.