Has Big Shot Fallen in Love Today?-Chapter 666: Sheng Tang’s First Share of Profits

Chapter 666: Chapter 666: Sheng Tang’s First Share of Profits
After the first week’s box office for "Path to Ascend" was released, Sheng Tang and Qian Zhe Lin, along with director Wang Sheng, received many interview requests.
By the second week, the box office unexpectedly saw a small rise: 89 million.
The occupancy rate for this film was consistently high.
As the film gained popularity, the positive reviews slightly dropped, but it still garnered a high score of 8.9.
This couldn’t be compared with the multi-billion-dollar productions or the summer and New Year blockbusters.
Still, for a low-budget production during this period, it amazed everyone.
After the second week, Sheng Tang and Qian Zhe Lin received numerous interview invitations from well-known magazines.
She was very busy, apart from giving interviews, she also had to take photos for the magazines.
By the third week, the box office normalized and dropped by a third.
The fourth week coincided with the New Year, and nine blockbuster movies filled the entire film market, reducing "Path to Ascend" screenings to 0.8%.
Even so, in the last week it still managed to earn an additional 3 million in box office revenue.
In the end, the total box office before splits for "Path to Ascend" was 220 million.
A film with an investment of 5 million and a promotion budget of 6 million achieving such a high box office once again shocked the market.
Even with the fierce competition during the New Year period, the market was still analyzing "Path to Ascend".
Indeed, considering the current film market, a box office of 200 million is not much, and hardly eye-catching. Anything less than a billion can’t be called a "blockbuster".
However, the venture capital department of a movie company doesn’t see it that way.
When they learned that this was Gu Jiahui’s private investment, and that the total cost was less than 10 million, they were almost going crazy.
This was another black horse of box office miracles.
The last black horse was created by Zheng Weiwei, which was already eight years ago.
After paying movie taxes and splitting profits, Gu Jiahui received personal pre-tax earnings of 90 million.
According to the contract, he gave Sheng Tang a pre-tax split of 9 million.
Sheng Tang’s earnings were split half for the company, twenty percent for the agent, then after tax, she ultimately got only 1.8 million post-tax.
Looking at the 9 million dwindling to 1.8 million, Sheng Tang said to Gu Jiahui with a sorrowful face: "Now I understand why some artists, after becoming popular, definitely want to terminate their contracts with their companies. If it’s 150k, this kind of split doesn’t feel like much, but splitting 9 million and ending up with only 1.8 million, really hurts."
Gu Jiahui wasn’t sympathetic, and instead said to her: "It’s all because of you! My money doesn’t go through the company accounts, I have to pay more than 10 million in taxes, don’t you think I’m hurting too?"
Sheng Tang: "..."
Though it hurt, it really wasn’t her fault, it was his lack of confidence, thinking the higher-ups wouldn’t approve, so he went with a private investment.
The company can legally avoid taxes in various ways, but individuals can’t.
Even with the painful tax payments, after deducting costs, Gu Jiahui’s final total profit still exceeded 60 million.
In less than six months, a pure gain of 60 million, it’s practically like robbing money.
Agent Ke Fei, who had only taken over Sheng Tang for a few months, received a hefty commission, along with a portion of the company’s share, getting a post-tax amount of over 2 million, even more than Sheng Tang.
Ke Fei was stunned for quite a while.
"I really didn’t expect it, her film choices are so insightful! Great acting, great insight, she will definitely be a legend!" Ke Fei rarely lost his composure, and praised Sheng Tang extensively to Gu Jiahui.
Having made money, Gu Jiahui was in a great mood and nodded in agreement: "She’s the most outstanding woman I’ve ever met."
When saying this, he didn’t recall Sheng Tang’s previous situation where she was set up and ended up with a tarnished reputation, his expression was gentle and affectionate.
Ke Fei, being experienced, momentarily caught the flash in Gu Jiahui’s eye.
"President Gu really loves Sheng Tang," Ke Fei thought.
When President Gu mentioned Sheng Tang, his demeanor was different, though he tried hard to disguise it.