.com.cn this year's National Day movie box office revenue has exceeded the 5 billion mark on the evening of the 7th, a record high. Compared with last year's National Day box office revenue of 2.175 billion yuan, revenue has doubled. "My Motherland and Me", "Captain of China" and "The Climber" three patriotic themed commercial blockbusters jointly ruled the National Day movie theaters.
is in sharp contrast to the box office sales, but the stocks of listed companies participating in the production and issuance were collectively smashed today. By the end of the market, Shanghai Film, the main producer of "The Climber", was firmly on the lower limit; there were other Chinese films (600977, shares) that participated in the production and distribution of three films, Happy Blue Ocean (300528, shares), Beijing Culture (000802, shares) fell more than 9%, Guangguang Media (300251, shares), Wanda Movies (002739, shares) fell more than 7%. It should be noted that these film and television stocks have all experienced a surge in recent times. As of the end of September, Shanghai Films has experienced a nearly 50% increase in the past two months.
The producer of the film can only get 33%-35% of the box office share.
A commercial film usually takes 2 to 3 years from the project establishment, the planning of the cast and crew, the entry into the shooting, the film announcement and the final release . The core producer is solely responsible for the investment and production of the film.
However, in the box office account, about half of the box office revenue is taken away by the cinema line, and a small part has to be taxed and contributed to the national film industry development special fund. The rest is mainly carried out by the film producer and distributor Split accounts.
Currently, the production and distribution of movies are often jointly produced and distributed by multiple companies, among which there will be a main distributor and a main producer; but some films are basically produced and distributed by one company, supplemented by other film and television companies.
is also specific to each film, and the way of cooperation between the producer and the distributor is also different. A more common way of distribution is that after other parties have deducted the relevant box office accounts, the distributor will collect 5%-15% of the remaining net box office as distribution agency fees, and the last remaining part of the box office is the income of the movie producer. Other cooperation methods include guaranteed issuance, buyout issuance, and the issuer's prepayment of production costs. These cooperation methods guarantee the production cost and box office revenue of the producer, and the issuer will also increase the issuance agency fee. Roughly speaking, the producer can only get 33% to 35% of the movie's box office. If the producer of a movie wants to make money, the box office must be at least 3 to 4 times the production cost. Taking into account the joint production and joint distribution, the box office share of each party is very limited.
Wentou Holdings only gets one-thousandth of the box office share of "My Motherland and Me"
Today, Shanghai Film and Wentou Holdings (600715, shares) have released temporary box office share.
Shanghai Film Announcement stated that as of 24:00 on October 6, 2019, the film "The Climber", which the company participated in, had a cumulative box office revenue of approximately RMB 761 million when it was released in mainland China on the 7th. As of October 6, 2019, the company expects that the comprehensive income derived from the film will temporarily range from 7 million yuan to 17 million yuan. That is, the company can get about 2% of the box office split.
Wentou Holdings announced that the company's investment and joint production of the movie "My Motherland" has been released in mainland China on the 7th as of 24:00 on October 6, 2019, with a cumulative box office revenue of approximately RMB 2.049 billion. According to the company's preliminary estimation, as of 24:00 on October 6, 2019, the box office revenue generated by the company's investment in films is temporarily between 1.85 million yuan and 2.05 million yuan. That is, Wentou Holdings' revenue from "Me and My Motherland" accounts for only one thousandth of the film's total box office. The box office share of
popular movies can be seen in the profit contribution of listed companies. Box office sales cannot make listed companies earn a lot of money at once.
Note: The box office revenue in the article includes service fees, and the final revenue settlement data may have a slight error; most domestic films have a small overseas box office and can basically be ignored; the box office share of each movie is not fixed.
