The Fantasy Entertainment Empire

Chapter 304: Contracts worth billions

Ye Jiayi took the team of Dimension Entertainment and stayed in Deep City for almost a whole week.

The rest time is very small. Most of the time, she and her team stay in the Penguin Building and have final tense negotiations with Zhang Yanping's people.

The reason why it takes such a long time does not mean that the negotiation has encountered difficulties. On the contrary, this shows that the communication between the two parties has reached a very deep level.

Otherwise, what's the point? It broke early.

A week later, Ye Jiayi returned to Shenghai with an unsigned contract.

This contract is the result of their discussions for a week. The two parties have basically discussed and approved the content stipulated in this contract.

The contract is very complicated with many detailed rules, but the most important ones are actually these.

"Dimension Entertainment has signed a contract with Penguin for ten years. In the next ten years, all film and television cooperation on all content of "League of Legends" will be carried out between the two of them and will be exclusive."

"Under the agreement, the total investment of each film and television work shall be jointly funded by both parties, and the upper limit of investment is 50%. Either party has the right to reduce or abandon the investment, and the vacated investment quota shall be determined by another party. One side makes up."

"Under the agreement, when the production of any "League of Legends" movie is completed, a series of copyright proceeds such as film, animation, peripheral derivatives, and character authorization of all the main characters appearing in the movie will be It becomes shared and distributed by both parties."

"Penguin Pictures' profit distribution ratio is equal to the proportion of their investment in the film, plus an additional 5%, and the rest is enjoyed by Dimension Entertainment."

"Dimension Entertainment promises that in the next ten years, at least eight films about the content of "League of Legends" will be opened, and the investment amount of each film must not be less than 600 million yuan, of which the first film must be completed within two years. Made."

These are the overall framework.

Of course, there are many more detailed rules, but they are basically not particularly important.

In addition to these, there is a provision that Penguin has the right to terminate the agreement when any film under this framework has a global box office of less than 100 million U.S. dollars.

This is a normal guarantee clause.

Assuming that a "League of Legends" movie does not even reach the global box office of 100 million US dollars, it is equivalent to a huge loss.

According to the contract, the investment of each "League of Legends" movie is 600 million yuan, which translates into a cost of more than 80 million and nearly 90 million U.S. dollars. As a result, the global box office was 100 million, which is obviously a big loss.

In this case, Penguins need to have a lower limit that allows them to have the power to terminate cooperation when the film suffers a huge loss. Not after the blood loss, you have to accompany Dimension Entertainment to play together on this boat.

In fact, the lower limit of this article is very low.

Still at a cost of more than 80 million U.S. dollars, the movie must at least get a box office of more than 300 million U.S. dollars before it can return. Of course, this refers to pure box office revenue, not counting other copyright developments.

The so-called commercial film, to put it bluntly, is still a type of commercial investment. And as long as it is an investment, no one can guarantee 100% profit-it is not a bank fixed deposit!

It is not difficult to make a film with a global box office of 100 million dollars. Even 300 million, 500 million, or even higher box office is possible.

However, even big Hollywood companies dare not shoot their **** and say that every big investment movie they make can make money.

There are too many loss-making movies, and many of them have super high investment. As a result, a bunch of people jumped off the building.

Ye Jiayi also agreed to the lower limit set by Zhang Yanping.

"If we invest 80 to 90 million US dollars to make a movie, and the global box office cannot achieve 100 million US dollars, then Dimension Entertainment will simply close its doors."

This is her original words.

The contract between the two parties has basically been finalized, but it has not been signed yet.

This is a long-term cooperation involving two companies in the next ten years, and the funds involved may reach tens of billions of yuan. It cannot be settled after a discussion.

For now, this can only be regarded as a draft. Next, the legal departments of both parties will conduct a more in-depth study of the contract to ensure that there will be no ambiguity in each clause and that there is no legal risk.

In addition, Dimension Entertainment needs Fan Zhe to finally nod; on Penguin's side, the senior executives of their group headquarters also need to look over.

After Ye Jiayi returned to Shenghai, Fan Zhe saw the contract immediately. After Ye's explanation, Fan Zhe basically figured out what the contract was about.

"Acceptable, as long as the legal affairs side confirm that there is no problem in the contract, we can sign it."

"Yeah." Ye Jiayi nodded, and then said again: "Then, the content department on your side will have a lot of pressure to bear."

"It's okay. UU read www.uukanshu.com" Fan Zhe said, "Eight movies in ten years, no problem."

"There may be more than eight." Ye Jiayi said, "If this series is done well, we may do more projects under this framework."

"I hope so." Fan Zhe nodded and said with emotion: "To be honest, I have played the game "League of Legends" for many years. In the past, I was looking forward to seeing this game in the cinema. The movie of the game. It’s just that, at that time, I couldn’t imagine that the movie of "League of Legends" would be made by myself."

Ye Jiayi smiled and said with a serious face: "To be honest, this is a series that may eventually involve tens of billions of funds. If it becomes popular, it will even be more. This is also our company. Take this opportunity to fly to a bigger one. Opportunity for the stage. You have to come on."

"That must be." Fan Zhe touched his face, his expression already filled with excitement.

Coming and going, at the beginning of December, the contract was finally signed and officially had legal effect.

From the beginning of October, the two sides began to have initial contact, toss and toss, and negotiate for two months, and finally came to an end.

But for the cooperation between the two, this is just the beginning.

And then, the two sides began to prepare for the first film under the agreement.

Obviously, Penguin has a long history of preparatory work for the film and television of the huge IP of "League of Legends".

However, the past was only in the preparatory stage. Now that the signing is complete, it's time to put it on the agenda.

On the third day after the contract was officially signed, Fan Zhe received a plan from Penguin.

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