Chapter 207: Once You Start Being Swayed (5)
TL: emptycube / ED: Isleidir
“About investments.”
The project producer hung up and approached us.
“Team Leader Jung, can you open up some time? Our CEO is currently talking with Well-Made Pictures about investments and distribution, and they said that they would like to discuss it with you.”
“Well-Made Pictures?”
The wilting Forest’s CEO was the first to perk up. Well-Made Pictures was one of the top investment distribution companies in the country. They were also the main investment distribution company for Alive as well.
I readily replied,
“Let’s go.”
Well-Made Picture’s building was in the middle of Gangnam. SBE Film’s CEO, who had arrived ahead of us, was sitting in a large meeting room by himself. With his arms crossed and head down, he gave off a gloomy mood.
“Why is your expression like that? I think we can consider this is a green light if they want to talk.”
SBE Film’s CEO’s eyes shot up at the project producer’s question.
“No, back with Alive, we received a call an hour and a half after sending them the scenario. That their investment screening committee unanimously decided to invest. That is a green light.”
“The situation is different though. Alive was Director Choi Sungwon’s work, and we had Lee Kihwan and Park Saeryung already cast. City Jungle is…”
Remembering Director Oh Hyunkyung and I were present, the chatting project producer changed the subject.
“Anyways, we need to try hard to persuade them. It’s not like they are going to slam the door in our faces after making a lot of money with Alive, right?”
As soon as he sat down, the project producer asked,
“Director, CEO, what is the budget you thought about for City Jungle?”
“The budget?”
“You probably crunched the numbers.”
Director Oh Hyunkyung and Forest’s CEO exchanged looks. Soon, Director Oh Hyunkyung answered as though she was applying for a loan,
“3-2.5 billion won.”
“2.5 billion won?”
The project producer couldn’t help but laugh.
“I read your scenario, and I don’t think 2.5 billion is anywhere near enough.”
“We can trim down the number of shoots.”
“So you’re going to jump straight into the deep end? If you set your budget too low and we exceed it later, we’ll need to cling to the investor’s legs and beg for more. Just say what the initial budget you calculated was.”
“… If possible, 3.5 billion won.”
Director Oh Hyunkyung cautiously raised the amount. The project producer scratched his chin.
I listened to them discussing financial matters while drinking the coffee an employee got me.
3.5 billion won at most. It fell short of the average commercial film budget.
Well, this was because my first film was Alive, whose total production budget was over 30 billion won. Such blockbusters were rare. If I lowered my standards, there were many more films that were created below budget due to lack of funds.
“Excuse me…”
Forest’s CEO cautiously spoke,
“What if we tried talking to Director Hwang from Ant Capital?”
“The person who mocked us by telling us to do whatever we want?”
“Still, we were in talks for a 50 billion won investment…”
The project producer firmly shook his head.
“Don’t hold onto broken relationships. Also, Ant Capital wouldn’t have given you all 50 billion won. Their methods are a bit malicious.”
“Pardon?”
“They come in as the main investor and act like they are going to invest the full amount, but they’ll drop the amount when it comes time to sign the contract. That way, they hold influence and can sway you however they want. The production company and director have to film with the budget with tears.”
Forest’s CEO’s mouth was agape.
The project producer continued,
“If we had prints and advertising to the 3.5-billion budget, let’s go with 5 billion as the total budget. While it’s normal to have 30-40% of it from investment distribution company and 60-70% from partial investors, we should be able to make up the difference with partial investors if we get Well-Made Pictures…”
He swallowed his words.
A man wearing a vintage pair of glasses pushed the door open with his shoulder and came in. He was the general manager of the Korean Film Production Department at Well-Made Pictures. I had seen him at the Alive press distribution screening. He had a notebook, files, and a copy of City Jungle in his hands.
SBE Film’s CEO immediately asked,
“How was the meeting?”
“CEO, let’s sit before we discuss things.”
“Of course, please sit. How was the meeting?”
There was a hasty exchange of hands. Holding my hand last, the general manager asked,
“Do you have any thoughts on changing the lead?”
“Is that the result of the meeting?”
I asked back.
The general manager looked at the everyone before looking back at me.
“There were many comments about the director and scenario, but more people are against the male lead than anything else. With Ms. Lee Songha as the lead and SBE Film producing, investors will invest if the level of the male lead was increased. Perhaps other male actors from W&U…”
“We already handed him the scenario, and the actor agreed to do it. We can’t overturn this and hand the role over to another actor in the company. We have never done it nor have we ever been asked to consider it.”
The mood became strange.