Hollywood Hunter

Chapter 549 Conclusion of the transaction

From April 9th ​​to April 15th, the first week of "Fighting Stars 2" reached $43.67 million at the box office in the first week, easily reaching the top of the single-week box office.

Under the strong impact of "Fighting Stars 2", the second-place "Legend of the Sand" has a box office of only $7.63 million in the first week.

New Line Films has high hopes for "New Meng Gui Street", and the number of box offices at the beginning of the seven-day drawing is finally 5.31 million US dollars.

On the new week of April 16th, three new films were released in the North American theater, namely Warner Bros. "Boiling Point", MGM's love comedy "Bonnie and Joan", and Gaomen Pictures' drama "The Algae". sea".

Warner's "Boiling Point" is starred by black movie star Wesley Snipes and has 1,425 screens. It is a typical police action film.

MGM's "Bonnie and Joan" tells the story of a pair of bumpy siblings who met their true love. The film starred Johnny Depp and opened 861 screens.

Gaomen Films' "Large Sea of ​​Algae" was adapted from the novel of the same name, and it is also a prequel to the famous "Jane Love". The original novel tells the story of the mad woman in the attic in "Jane Love". The film opened with 505 screens.

Because the setting of the heroine in the script of "The Sea of ​​Algae" is a black-and-white girl with a darker complexion, Simon personally finalized a heroine, Catherine Zeta-Jones.'Old Man Killer' replaced Nicole Kidman and Tom Cruise in "Earth Ambitions" last year, and after a scandal was fired, although "Earth Ambitions" was not tepid at the box office, Zeta Jones Is a great increase in fame.

The internal preview of the film had a good effect, so it was placed in the Easter period.

After the opening of the three new films, "The Sea of ​​Algae" really got the highest comprehensive 8.2 media rating for Easter.

However, many people still pay more attention to the "Retro Fight 2" which was drawn last week. The box office trend of the next week determines the final box office of these movies in North America.

In the past few years, more than 40 million US dollars were drawn in the first week, which is almost the seed player of the 200 million box office in North America. With the rise of saturated full-scale distribution, the box office in the first week is getting higher and higher, quickly squeezing a movie business. The potential, the subsequent decline is often very deep.

Even so, the $43.67 million in the first week of "Fighting Stars 2" is still beyond the expectations of many people. As long as the fall is not too bad the next week, the film is expected to exceed the North American total box office of the first song of $120 million.

Eventually, from April 16 to April 22, the second weekly box office of "Fighting Stars 2" fell 39%, and received another 26.61 million US dollars, continuing to maintain the first place in the weekly box office list.

In two weeks, this comedy movie originally predicted that the total box office of the Daenerys Entertainment was 60 million US dollars, and the total box office in North America has reached 70.28 million US dollars.The next week's decline is controlled within 40%, which means that the movie's box office trend is quite good. The local box office is expected to be between US$130 million and US$150 million, surpassing the US$120 million box office score of the first song and becoming Danielle. Silk Entertainment's first film with a local box office breaking 100 million in 1993.

When the box office came out the following week, although only two film contracts were signed with Mike Myers, senior executives of New World Pictures began to discuss the feasibility of developing the third film with the other party.

Since the film successfully broke the sequel of this type of comedy, the curse of plunge, Simon has no objection to the continued development of the sequel, but only requires that the third part of the cost must be controlled within 40 million US dollars.As compensation, Simon agreed to provide a profit sharing contract for one of the main creators.

Two consecutive movies broke the box office at 100 million yuan. It stands to reason that the third sequel will double to 60 million US dollars.However, if $60 million is really needed, Simon would rather give up the project.

The budgeted cost is 60 million US dollars, and future announcements will require at least 20 million.

The $80 million project, which is already a blockbuster level, and considering that the overseas box office potential of the "Anti-intellectual Multi-Star" series is very small,

The second and third North American box offices of the "Ace Spy" once reached US$200 million, but Simon did not have such confidence in "Fighting Stars". US$150 million is probably the limit of this series of local box office.

Although things are not absolute, as the sequel box office here is far more than originally expected, Simon does not intend to take risks.

The key is that Daenerys Entertainment does not lack other projects.

You know, Kim Carey’s "Detective Aircraft Head" and "Disguised Geek" have already been established. This distinctive comedy star not only has the local box office appeal as much as Mike Myers, but also can get Recognition in overseas markets.

After the first place, MGM's "Bonnie and Joan" relied on a good word of mouth. It received US$ 8.79 million in the first week, ranking second in the list, and the museums also exceeded the selling level of US$ 10,000, exceeding the production level. Factory expectations.

MGM therefore quickly increased the film's response scale from 861 to 1363 in the second week.

Following closely behind, Fox Pictures' "Legend of the Sand" ranked third..

This baseball-themed youth film box office box office fell only 28% the next week, and received another 5.56 million US dollars.

If you only look at the bearish figures, "Legend in the Sands" is better than "Rebel Stars 2", of course, this is mainly because the opening box office volume is not high.

The cumulative box office for the two weeks is 13.19 million US dollars, and the box office curve is very stable. The total box office of "Legend of the Sand" in North America is expected to reach between 20 million and 25 million US dollars.

Warner Bros.'s gangster action film "Boiling Point" ranked fourth, with a box office of $5.12 million in the first week.

Considering that the production cost of "Boiling Point" is only US$9 million, and the first week's deposit is US$5.12 million, it is expected that the local gross box office will be around US$10 million, which basically meets Warner's expectations. Through subsequent operations, you can basically make a return and achieve small profits.

Gaomen Pictures' "Big Algae Sea" ranked fifth.

The literary drama based on this literary masterpiece relies on its own excellent word-of-mouth and the high-profile film industry's precise advertising strategy. The first week relied on 505 screens to receive USD 4.65 million, and the museums were close to USD 10,000.

Considering the generally long-term and long-term nature of the literary and artistic films, although the opening of "The Algae" is only $4.65 million in the first week, the total box office in North America is very promising to exceed $15 million, and even hit the $20 million mark.

The production cost of the film is 3 million US dollars. Counting the announcement, the total project budget is only 5 million US dollars.

At the box office of US$15 million to US$20 million, it is expected that Gaomen Pictures will be able to make a good profit just by issuing through a local cinema.

The new line has high hopes for "New Meng Gui Street". After the first week's box office was much lower than the expected 5.31 million US box office, although the box office drop in the next week remained at a fairly good 36%, it was also destined to fail to bring this second-tier film company. Come too big to reverse.

The next week's box office was US$3.38 million, with a cumulative total of US$8.69 million in two weeks. The total box office is expected to be US$12 million. The new line will be issued through overseas and follow-up videotapes and other channels, and it will not be a problem to recover the total investment of US$17 million.It's just that the new line obviously has not had enough time.

After the disappointing box office in the first week of "New Fierce Ghost Street", the share price of the film company that went public in 1986 began to fall continuously.

By the time the box office is released the following week, compared to before the release, the share price of the new line has fallen by 27% in half a month, and the market value is only 46 million US dollars, which is more than 200 million US dollars from the peak of previous years. 75%.The total liabilities of the new line reached 72 million US dollars. After this heavy hit, it is now completely insolvent.

After trying to find a buyer or debt restructuring to no avail, on April 23, New Line founder Robert Shay formally submitted an application for bankruptcy.

After Miramax, another studio that was supposed to be very dazzling in the 1990s announced its withdrawal from the Hollywood stage.

With the exception of Simon, Hollywood doesn't sigh much about the bankruptcy of the new line.

In the 1980s, with the support of the government and the rise of the video tape industry, a large number of studios rose like mushrooms, and they died out in the harsh federal economic environment these years.Compared with the very ambitious Canon Pictures, DeLaurentis Group and other companies, the new line has not been too conspicuous in the industry except for the "Meng Gui Street" series.

Now, this company started from "Menggui Street" and finally "Menggui Street", like a reincarnation.

Even the more sensitive industry insiders did not realize too much that Daenerys Entertainment continuously targeted Miramax and the new line. After all, suppressing the latecomers is basically what the seven major Hollywood actors are doing.

However, many people are also aware that the competition in Hollywood has become increasingly fierce, and it is becoming increasingly unfriendly to second- and third-tier film companies that lack capital and channel resources.

Not just the new line that just filed for bankruptcy, Orion Pictures, which was previously funded by Canada’s Seagram Group, can only be described in the last two years, and it is no longer the scene of winning the Oscars in the 1980s.Some other independent production studios can only do little trouble.

Founded more than 20 years ago, the most valuable of the new line is undoubtedly the film library with the copyright of hundreds of movies.

Danny Morris specifically mentioned this with Simon some time ago.

However, after consideration, Simon decided to participate in the next auction of new line assets.

After it was determined that Blockbuster would be quietly transformed into a single media company similar to Netflix, Blockbuster has quietly registered and established Blockbuster Entertainment in recent months, which is responsible for personally investing in film projects.

Prior to this, Blockbuster has quietly bought the copyright of dozens of movies accumulated by Miramax after the bankruptcy for 13 million US dollars.

The price of the new line library is obviously much higher than Miramax.

After all, it's just the "Meng Gui Street" series, whether it's video or other channels or continue to flop, there is good business potential.Moreover, compared with most of Miramax's copyrights in only partial areas or single channels, there are a lot of fully copyrighted movies in the new line library.

The Blockbuster team made an assessment and wanted to obtain this part of assets from many competitors interested in the new line of film libraries, at least 60 million US dollars.

The bankruptcy of the new line only occupies a small section in the more professional "Hollywood Reporter".

On April 26, the news that Goldman Sachs and Morgan Stanley formally signed a $1.5 billion capital injection agreement with Igret was almost occupying a prominent position on the front pages of a series of mainstream studios in the following days.

After more than a month of negotiations, the price of $1.5 billion has not changed, but the Westeros system has also made huge'concessions'.

Westeros no longer withdrew one cent of the $1.5 billion in the deal, but instead injected all funds into Igreut’s account in the form of additional financing for the company’s development in the next few years.

Corporate issuance of additional financing and shareholders selling shares are two completely different operations.

One of the most important differences is that the latter is subject to capital gains tax, and the federal capital gains tax is now as high as 29%.In order to avoid paying huge capital gains taxes, Simon had no plans to withdraw funds from this equity transfer.

Many media have actually seen this, but they still admire Simon for being able to give up $1.5 billion in cash decisively.

You know, this is $1.5 billion in cash after all.

At this stage, even the billionaires on the Forbes global rich list, few can take out $1.5 billion in cash in one go.

In addition to the US$1.5 billion infusion of capital into Igret, Westeros also agreed that Igrit will conduct an IPO within the next three years.At the same time, Goldman Sachs and Morgan Stanley also jointly obtained Igerett's future IPO underwriting rights.

After the deal was concluded, in addition to the hot discussion in the media, the most direct consequence was the rise of the Nasdaq technology stocks again.

A company like Igrid, which was established only four years ago, received a valuation of US$15 billion. Coupled with Cisco and AOL, some hesitant investors have also begun to participate in the operation of technology stocks.

On the other hand, the acquisition of Christie's on the European side also progressed smoothly.

Even if the British media called on the British government to scrutinize to avoid a long-established British iconic company like Christie's falling into the hands of foreigners, the British government ultimately did not come forward to obstruct it.

Of course, it is not that parliamentarians who did not try to win more approval ratings intend to try.

However, the Melisandre company backs up the Westeros system. The relationship between the Westeros system and News Corp. has been very good. News Corp., which controls a large number of media in the United Kingdom, is not something that one or two lawmakers can provoke.

Sofia, under the recommendation of a senior news company, participated in several opportunities in British politics, and the acquisition of Christie's was successfully approved by the British authorities.

After the transaction was concluded, Melisandre also publicly promised that Christie’s headquarters will still be set up in London. Melisandre will not restructure Christie’s on a large scale in the short term, and will maintain this historic auction for a long time. The existing traditional corporate culture.

Britain is no longer the empire of the sun never setting, and the pound crisis in the past year has wiped out the face of this veteran empire.

Melisandre's statement is that no matter what it is privately, it's just that on the surface, the British media feels that it has retained some decentness and hasn't pursued this matter any more.