Monday, June 28, 2010

Cecilia Cheung and Nicholas Tse to Move to Shanghai; Family Slated to Earn $111 Million





Initially, Cecilia Cheung Pak Chi and Nicolas Tse Ting Fun rejected the idea of their son, Lucas, working in the entertainment industry. However, Cecilia and Lucas have now agreed to sing the theme song for Stephen Chow Sin Chi's new animated film, CJ7 Loving Earth (長江七號愛地球).In order to earn money, Cecilia will postpone her plans of having a third child. She will pocket $6 million (HKD) in her first come back movie filming for Derek Yee.

Allegedly, Nic and Cecilia changed their former stance on allowing Lucas to work in the entertainment industry due to Nic's new business start up plans. When his EEG contract expires at the end of the year, Nic will partner with former EEG executive Chow Chu Fai, and start his own production company in China.
To accommodate the new business venture, Cecilia and Nic may move to Shanghai with their children. While attending the press conference for CJ7 Loving Earth, Cecilia allegedly went house hunting in Shanghai. The couple also listed their current Hone Kong home at Ocean Bay for sale at $140 million (HKD). Allegedly, they have an asking price of $30 million for any advertisers that are interested in featuring Nic, Cecilia, Lucas, and Quintus together in their ads.

Due to Nic's filming fees, Cecilia's comeback movie, commercials and other fees, the potential advertising suitors for Lucas, as well the potential $40 million profit for the sale of their Hong Kong home, the Tse family may earn $111.5 million (HKD) in the seconf half of 2010. Apparently, these funds will apply towards the payment of Nic's new production company.

Break out of the Tse Family's Earnings for the Seconf Half of 2010

Nicolas Tse:

Choi Sun Hak Kai movie - $7.5 million (HKD)
Filming 5 new movies - $30 million ($7.5 million x 4 movies)
Profit for home sale - $40 million
Nic's total earnings: $77.5 million (HKD)

Cecilia Cheung:

Derek Yee movie - $6 million (HKD)
2 Commericals (in negotiation) - $6 million (3 million each)
Cecilia's Total Earnings: $12 million (HKD)

Lucas Tse:

Singing Theme Song for CJ7 Loving Earth - $2 million (HKD)
2 Commercials (in negotiation) - $ 20 million ($10 million each)
Lucas's Total Earnings: $22 million
Total Tse Family Earnings: $111.5 million

Source: Tom.com

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