Hollywood Hunter

Chapter 536 Financial Report

On February 23, the second day of Simon's low-key 25th birthday, the most important company annual report for the Westeros system was released.

For the entire year of 1992, Daenerys Entertainment achieved a total revenue of 12.7 billion US dollars, an increase of 37% year-on-year. The annual net profit was 710 million US dollars, an increase of 260% compared to the net profit of 270 million US dollars in 1991.At the same time, the debt scale of the Daenerys Entertainment Group has also been substantially reduced again, from US$7.8 billion last year to US$7.1 billion.

The annual revenue of US$12.7 billion has completely confirmed the position of Daenerys Entertainment in North America and even the world's largest media group.

Such dazzling revenue data is mainly willing to increase the overall growth of various businesses such as Daenerys Entertainment, film and television entertainment, theme parks, and consumer peripherals. The movie business still has a very obvious locomotive effect.

The net profit of 710 million US dollars, although compared with revenue, the net interest rate is only 5.6%, but it also surpassed several other Hollywood studios.

Moreover, the reason why the profit margin is so low is mainly to reduce debt and expand the company.

In fact, if you want, Daenerys Entertainment’s overall debt can be reduced to less than $7 billion.However, Simon did not do this. Maintaining an appropriate debt ratio can help companies offset a large portion of taxes. As an unlisted company, this is also the best channel for maintaining association with capital from all walks of life.

Simon has always been very clear that the cutting edge of Daenerys Entertainment has become more and more prosperous, and the foundation of the entire Westeros system is definitely not stable. At this time, many things must be as cautious as possible.

In order to pave the way for next year's listing, after the financial report was released, Daenerys Entertainment soon announced detailed data on the Igrid portal, and triggered the reprint and discussion of traditional media.

The revenue of 12.7 billion US dollars not only exceeded Time Warner's revenue of 11.9 billion US dollars in the last fiscal year, but also drove away the seven major Hollywood studios.

In the case of Columbia Pictures, this large studio controlled by Sony has a total revenue of just 2.6 billion US dollars in the past four quarters, which is only equivalent to five-fifths of the revenue of Daenerys Entertainment. One.Other Fox, Paramount, Disney and other companies have also been far removed from Daenerys Entertainment.

In the outside discussion, Daenerys Entertainment also took the initiative to release the news of the upcoming IPO again, which quickly attracted more attention.

The planned stock listing date is next summer, but with the announcement of the new year’s financial report, Daenerys Entertainment has also begun preparations for next year’s IPO more than a year in advance.

According to the latest Fortune 500 data of Fortune magazine, the Big Mac with a revenue volume of 10 billion US dollars has paid attention to rank in the top 30 in the United States, and, in parallel with Daenerys Entertainment, basically They are all veteran giants with decades of history, and the growth momentum is far from comparable to that of Daenerys Entertainment, which is still alive and well.

At the same time, the overall growth rate of the global entertainment industry is also very rapid, which makes Daenerys Entertainment in a very good industrial environment.

When "Forbes" counted Simon's personal worth last year, he had made a valuation of $30 billion for Daenerys Entertainment.

According to the latest 1992 financial data released by Daenerys Entertainment, the valuation of $30 billion seems to be too high, but it is not an exaggeration.

If it wasn’t for Daenerys Entertainment that much of its energy was focused on business expansion and debt reduction, Daenerys Entertainment’s net profit margin was sufficient to reach more than 15%.According to the revenue of 12.7 billion US dollars, a net profit margin of 15% means a full-year net profit of 1.9 billion US dollars.

The net profit scale of US$1.9 billion compared with the valuation of US$30 billion is roughly equivalent to a price-earnings ratio of 15 times.

For a company with an annual growth rate of 37%, the IPO valuation of 15 times price-earnings ratio can be said to be very low.

The listing of a US$30 billion company will undoubtedly become the largest IPO in North America in the past decade.

Daenerys Studios.

In the past two days, the senior management of the group has been convening a summary meeting around the financial report just released, and has made new planning adjustments to the new year's corporate development.

After the integration of the previous two years, Daenerys Entertainment has basically digested the previous MCA, and the company's expansion and deployment in various fields have basically been completed.Since the IPO is due in the middle of next year, Simon plans to produce an excellent financial report that truly reflects the profitability of Daenerys Entertainment in 1993.

This is actually what many companies do during the IPO process.

At five o'clock in the afternoon, the two-day meeting ended, but Simon could not get off work immediately.

Back in his office, Ella Deichman was already waiting for Simon.

The 11th day of the 43rd Berlin Film Festival has officially closed on February 22nd. Da Nellis Entertainment's "Feasting" won the Golden Bear Award of this festival just like the original time and space.The difference is that in the past history, "The Wedding Banquet" was awarded together with another Chinese film "Soul Soul Girl", but this time, the winning work was only one.

Because "The Wedding Banquet" is a work of Gaomen Pictures, it is easy for the media to associate Simon's attendance at the opening of the film festival with the award of this film, accusing the Berlin Film Festival's awards of being inside.

However, the results of the awards have been released, and the quality of "The Banquet" is also good enough. This controversy is destined not to cause too many waves. Some years later, the outside world will only remember that the "Banquet" won the 1993 Berlin Film Festival Golden Bear Award. , This is the king defeated.

As for whether there is really insider?

Of course there is.

Gorman Films has been the best partner for art films in recent years. The film festival organizers may not be able to influence the judges who are already small, but Gorman Films can.

Unless they are completely uninterested in Oscars, Cannes, Venice, and Berlin, these judges cannot be unbiased during the award process.

The key to why the film produced by Miramax in the original space can be rampant at the Oscars and major film festivals is here.

Now the high-end film industry, stronger than the previous Miramax.

Therefore, there is no need to deliberately manipulate anything. As long as it is not a judge without any fame and fortune, during the award process, the projects under Daenerys Entertainment will definitely be considered.

Through some close contacts, Daenerys Entertainment can also get the voting information of the judges, which is usually not open to the public. Who is in favor and who is against is clear at a glance.

Of course, the basis of all this is that the films produced by Gaomen Pictures are excellent enough.Otherwise, Simon himself will not allow the smashing of signboards to happen.

Not only that, to get the Golden Bear Award this year, the next one or two years, Gaomen Pictures will not intend to get involved in the highest award.Turning a film festival into its own'back garden' is definitely not a good choice.

After receiving the Golden Bear, the high-end film industry team also began to promote "The Wedding Banquet", and it is expected that the film will be officially launched on the North American theater on March 6.

Awarded on February 22, and released on March 6. Although the number of screens planned to open is only about 200, it still shows Daenerys Entertainment's growing distribution ability.

If it is other second- and third-tier publishers, the film won the prize, got the copyright, arranged the schedule, started the announcement, and all kinds of tossing down, it may have passed in half a year. By then, the popularity of the Golden Bear Award has long been cool.

Moreover, the screening of "The Wedding Banquet" was made on the day of the Golden Bear Award on February 22.

Even if there is full confidence, no one can ensure that one hundred percent can win the award before the award is announced. Once the award is lost, another set of release strategies must be adopted. The schedule in early March may be out of date.

Simon already knew about the arrangements on the day of the closing of the Berlin Film Festival, and today he discussed with Doichman about the working title films (Working Title Films).

Because I haven't been able to find a gold owner that can be linked to, the tentative film industry has basically existed in a state of a leather bag company in recent years, which is worse than Miramax who had just been completely killed by Simon.

The two partners of the tentative film industry, Tim Bewan and Sarah Redcliffe, do not even have a more formal office space. In recent years, they have basically held several projects in their hands. Raising funds, investing in production, and operating the distribution in person, basically produces a movie a year, naturally there is not much income, just earn a hard money.

Simon took a fancy to the "Blood Romeo" script recommended to him by Tim Bewan, and asked Ella Doichman to owe two, Tim Bewan and Sarah Redcliffe finally Found'organization'.

As for the tentative film industry, Simon has no plans to develop another sub-brand.Therefore, the two just signed up to become a regular producer under Gaomen Pictures.

Moreover, from the script provided by the two, Simon also successfully found "Four Weddings and a Funeral".

After all, the British film community is not big, and since the original time-space script that was initially unpopular fell into the hands of two people, this time it is not surprising.Not only that, Simon also saw another script from the hands of the two, "Death Walk."

"Death Walk" is a script based on a true story, telling the story of nun Helen gradually discovering the truth of the incident during the communication with the death row inmate Matthew.

In the original space and time, "Death Walk" starred by Tim Robbins, became the 1996 Oscar nominated hotspot, and sent Susan Sarandon to the throne of the film. Of course, the film's box office performance was also very good.

Simon has no memory of "Blood Romeo", but he can find "Four Weddings and a Funeral" and "Death Walk" from the producers of Tim Bewan and Sarah Redcliffe. Two excellent scripts can already confirm the vision of the two producers, and the outstanding performance of the time-space tentative film industry at the box office and awards also proved the ability of the two.

It can be said that signing the two of them under Daenerys Entertainment is even more valuable than taking the two dark horse projects.

Although he found two scripts, "Four Weddings and One Funeral" and "Walking on Death Row", Simon did not start all of these things with one brain.

Counting "Blood Romeo" and "Four Weddings and a Funeral", Simon chose a love film "Love Behind My Heart" from the scripts held by the two, and made up three films. Give it to two people."Death Walk" will be postponed.

Among the three films, "Blood Romeo" is very uncertain. "Love is in my heart" is just the beginning. The key is "Four Weddings and One Funeral".

These are certainly not humane.

The most important thing for Ella Doichman is "Blood Romeo".

Quentin’s last film, "The Falling Water Dog," with a production cost of US$1.5 million, is different from the original time and space strategic mistakes. This time, relying on the release of Gaomen Pictures, the global box office has achieved more than US$40 million. Therefore, The new director's next work has always been valued by Gaomen Pictures.

The reason why the second film hasn't started is that it hasn't found a suitable script.

Quentin himself was not too satisfied with "True Romance". After seeing "Blood Romeo", this raised some interest. However, Quentin also requested to personally modify the "Blood Romeo" script to Adapt to his own style.

The project was selected by Simon himself. If you want to modify it, you need to get Simon's consent.

Simon himself naturally has no objections. During the reading of the "Blood Romeo" script, he also felt that if Quentin filmed it, the story obviously lacked some of the other's nagging style.

Although he valued "Blood Romeo" more, out of instinctive trust in Simon's vision, Ella Deichman did not ignore "Four Weddings and a Funeral" and "Love in My Heart", and personally analyzed The advantages of the two scripts.

"Four Weddings and a Funeral" is full of typical British humor, and should be able to be made into a comedy like the original "A Fish Named Wanda".

As for "Love is in my heart", the selling point should be the polar romance.This is a story that happened in the Arctic Circle.

So, according to preliminary statistics, if you want to make a good film for three movies, the production cost of "Love in My Heart" is the highest. Because of the Arctic shooting, plus the selection of a good creative team, the production cost may reach 2000. Ten thousand U.S. dollars.As an emerging style director, "Blood Romeo", the production cost also needs 15 million US dollars.

In the final "Four Weddings and a Funeral", Simon and Deutschman agreed, and only gave a production budget of US$5 million.

The discussion about the two producers and the three film projects lasted for an hour. At six o'clock, Deutschman was sent away, and A girl Alison walked into the office.

The female assistant became pregnant and had to reduce her workload. After some consideration, Alison was transferred to serve as Simon's second assistant.

Although the identity is a maid, Alison assisted Janet in various affairs of the Westeros in recent years. In fact, it is equivalent to Janet’s assistant. At this time, he came to serve as Simon’s second assistant. It seems easy.