In 2013, Huayi Brothers refused to pay a salary of 81.6 million yuan, completely broke up with Stephen Chow, and even laughed at Stephen Chow: "I don't understand movies at all!" As a result, they lost 5.2 billion in two years, and the price was extremely tragic. . Journey to the West: Conquering the Demons sold well for 1.2 billion
At that time, Stephen Chow had various problems with the approval process in the Mainland because of his filming of Shaolin Football, so he had the idea of ????collaborating with others. When Huayi Brothers saw the success of Shaolin Football, they uttered the heroic words, "Whatever Mr. Xing shoots, we vote for." With the blessing of Huayi Brothers, Mr. Xing felt confident, so he discussed with Huayi Brothers and decided Shooting effort. Although they believed in Stephen Chow on the surface, during the filming of Star Master, the investors could not see the progress, so they were very tormented on the inside.
In the end, the box office of Kung Fu reached 105 million U.S. dollars, breaking the Hong Kong box office record with 61.27 million Hong Kong dollars. It was a great success. This movie made Stephen Chow wear all kinds of glory. The friendship brothers also gained fame and fortune. So the two parties planned to cooperate in depth and film the "Conquering the Demons" chapter of Journey to the West. It was this movie that caused the two parties to completely break up. Stephen Chow claimed to compensate 81.6 million yuan
At that time, Stephen Chow and Huayi Brothers signed a dividend agreement, but there was a document that was not signed in the middle. Stephen Chow, out of his trust in Huayi Brothers, sent it to each other via email. One copy, not signed. When Journey to the West: Conquering the Demons was released, the box office reached 1.245 billion, which made Huayi Brothers extremely happy. Stephen Chow then went to Huayi Brothers to ask for 81.6 million in dividends in accordance with the contract requirements. As a result, Huayi Brothers regretted it.
Because this item was not written in the contract (Stephen Chow did not sign), this resulted in the contract being invalid, and Stephen Chow could only remain silent and eat coptis. But this incident angered Stephen Chow and he directly sued Huayi Brothers to court. However, due to insufficient evidence and the lack of the most critical signature, Stephen Chow lost the case. Later, Huayi Brothers also threatened: "Stephen Chow doesn't understand movies at all." The compensation cost them all their money
Huayi Brothers broke up with Stephen Chow because they refused to pay Stephen Chow 81.6 million, but they didn't know what their future would be like. How difficult it is. Stephen Chow directly approached Enlight Media, Huayi Brothers' arch-enemy, and collaborated on Mermaid, which had a box office of 3.4 billion. Based on the investment of 300 million in this movie, the box office would have been equal to 1.4 billion, which is equivalent to a net profit of 2 billion. This is a big loss for Huayi Brothers. For a mere 80 million, they lost 2 billion in net profit. More importantly, they lost Stephen Chow, a powerful director (actor).
Then something happened to Bingbing, a subsidiary of Huayi Brothers, and he lost RMB 800 million due to tax evasion. Huayi Brothers' reputation quickly declined, and the company's losses reached RMB 5.2 billion in two years.