But as an excellent film actor and director in the past, the movie dream will always be the first in his heart. If there are good projects and scripts, he will still want to run them through his own company.
The Journey to the West series in his hand is a very high-quality project. When planning to shoot an article, Shanghai New Culture Company bought a fairly high share. New Culture Media Port Co., Ltd. plans to buy 40% equity of PDAL Company for 65.438+004 million yuan, YYIC plans to buy 654.38+065.438+0% equity of PDAL Company for 286 million yuan, and Stephen Chow will change the previously held 654.38+0.000% equity to 49% equity. According to the announcement, YYIC's wholly-owned shareholder is Yang Zhenhua, the same person as the chairman of New Culture Media, which can also be understood as the acquisition of Stephen Chow Film and Television Company by New Culture. Xingye also promised to the other party that in a certain year, the net profit earned by the company will not be less than a certain amount of RMB. If this amount cannot be reached, he himself must take out the equivalent cash as compensation or buy back shares.
When the gambling agreement was signed, the film market was very good, and the films of Westward Journey series were very popular, almost all of which were guaranteed to make money. Mainland audiences are still very enthusiastic about Master Xing's gold-lettered signboard. Although the profit on the agreement will be higher and higher with the increase of years, it was quite good when Mermaid and The Journey to the West were introduced before. Stories based on nostalgic feelings also make everyone very sought after.
However, when he introduced the new king of comedy, his reputation plummeted. Everyone is tired of actors, plots and this kind of fried rice performance This movie made the box office fall to the bottom, and also cast a shadow over the movie reputation of Xingye.
This year is also a cold winter year for movies. Even the owners of big film companies need to sell some calligraphy and paintings and real estate to maintain cash flow. It is not difficult to understand the plight of Xingye. I hope this trough will pass quickly.