Mr. Xing has also retired as an actor for a long time. For one thing, he is getting older. For another thing, he made a profit by investing in real estate with his original vision and accumulated rich assets, which is enough for him to enjoy the rest of his life and do whatever he likes at will.
But as an excellent film actor and director in the past, the movie dream is always the first in his mind. If there are good projects and scripts, he will still want to run them through his own company. The series of Journey to the West in his hand is a very high-quality project. When planning to shoot the article, Shanghai New Culture Company bought quite high shares. New Culture Media Hong Kong Co., Ltd. plans to buy 4% of the shares of PDAL Company for 1.4 billion yuan, while YYIC plans to buy 11% of the shares of PDAL Company for 286 million yuan, while Stephen Chow will change its previous 1% holding into 49%. According to the announcement, the wholly-owned shareholder of YYIC is Yang Zhenhua, who is the same person as the chairman of New Culture Media, which can also be understood as the acquisition of Stephen Chow film and television companies by New Culture.
xingye also promised 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 is not reached, he himself must take out 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 it is said that with the increase of years, the profit amount in the agreement will be higher and higher, it was quite good when the mermaid and the westward journey demon were introduced before. The story that focuses on nostalgic feelings also makes everyone very sought after.
However, after he introduced the new king of comedy, the word-of-mouth declined linearly. Everyone was tired of the actors, the plot and this kind of performance. This movie made the box office drop to the bottom, and it also cast a shadow over the word-of-mouth of Xingye's movie.
This year is also a cold winter year for movies. Even the bosses 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 Master Xing. I hope this low period will pass quickly.