Has Big Shot Fallen in Love Today?-Chapter 873: Film Production Company
Sheng Tang and he walked slowly along the way.
There was almost no one on the road, only the gentle night breeze, the branches swinging softly in the wind.
Gu Jiahui started talking about his plans.
He intended to establish a subsidiary production company and recruit new talent.
"Sounds good," Sheng Tang said, "Guanghong Media has developed to this point; opening a subsidiary is quite normal."
"No, as I’ve mentioned before, this isn’t just my company; it’s ours," Gu Jiahui said, "When we break up in the future, I’ll give the company to you as a breakup fee."
Sheng Tang: "..."
No lover could be more considerate than this.
Sheng Tang thought for a moment, "My contract is still with the company."
"I’ll help you transfer it to the subsidiary, keeping only your and Ke Fei’s management contracts. This way, you won’t have to share 50% of your earnings with the company in the future," Gu Jiahui said.
Sheng Tang: "Honestly, are you a mole? I’ve never seen a boss like you."
Gu Jiahui chuckled, "I previously told you, I’m the boss, but you’re not. Money that enters the company won’t have the chance to be split with you. If you were my wife, I wouldn’t say this; during a divorce, you’d get half the shares directly."
"You’re making me want to marry you now, half of the shares, that’s a lot of money," Sheng Tang said.
Gu Jiahui: "Have some ambition!"
Sheng Tang laughed heartily.
Gu Jiahui was very serious, but Sheng Tang kept joking around.
She also wanted her own production company, but felt she would be taking too much advantage of Gu Jiahui.
"...How about this, when the returns on the investment from ’Genius Girl’ come back, we should be able to get nearly 200 million. Huatai Film and Television will help us legally avoid taxes, so we should end up with 170 million in cash.
This money, as agreed before, will be split equally between the two of us and wholly invested in the new production company. We’ll also split the shares equally, what do you think?" Sheng Tang said.
A company with a cash flow of 170 million indicates that its assets are at least over 5 billion or more. So, 170 million in cash is enough to run a decent production company.
With an initial capital of 170 million, let’s not even talk about investments; it’s enough for them to independently produce a film.
Given Sheng Tang’s current relationship with Huatai Film and Television, as long as ’White Snake’ doesn’t flop and makes money for Huatai, her relationship with Huatai Film and Television will become even closer.
By then, the films produced by Sheng Tang’s production company could be directly sold to Huatai Film and Television for distribution, and there’s no issue with sharing distribution profits with them.
As long as the film quality is strong and there is a reliable distribution team, making money from films is a given.
This is the worst-case scenario.
Of course, the best-case scenario is to establish a new production company, invest cash in different films, gradually accumulate more extensive capital, and then consider independence.
In any case, with this money, establishing a subsidiary isn’t just a dream.
"Okay," Gu Jiahui said, "Initially, we’ll operate like this; I’ll send two trusted people to run it, and recruit some talent.
No matter how big the company gets, when we break up, it’ll be yours alone. What I need is for it to make money before we split, making enough money to give me leverage with the headquarters leadership!"
"Great, for the future, I’ll work with you to manage it well!" Sheng Tang said.
Gu Jiahui: "If the films it produces capture 50% of the annual box office, no one will oppose me saying I want to become the CEO of the headquarters."
Sheng Tang laughed out loud.
Huatai Film and Television is such a giant, and even its annual box office only accounts for 20% of the total box office.
Does Gu Jiahui want to start a company or dream?
"50%, it can be done," Sheng Tang teased him, "Piece of cake!"
Gu Jiahui rolled his eyes silently.
