The spacious meeting room.

The afternoon sun shines in from the French windows.

The management divided into two rows, everyone is listening carefully.

A very good picture scroll.

Everyone also smelled something.

When Lehman issued these two notices, many people were thinking separately.

Gains and losses, benefits, future?

At this time, Joseph, who had barely spoken, suddenly asked: "Then, the production and distribution businesses have been separated. If there are these two companies, what is the status of the parent company? Who should hold the positions?"

Lyman looked at Joseph in amazement, and found that Joseph had a calm face, only some longing in his eyes.

As one of the former management of Columbia Pictures, he was transferred to the president of the British branch. He did a very good job in Firefly Pictures, and he was worthy of his worth.

"However, it is not a good thing to be promoted too early. There is no promotion. In ancient times, it would be thought of beheading." Lehman muttered in his heart.

Of those present, only Joseph's status and prestige can be the first to say this.

Maybe Liam wanted to ask too, but he might have some scruples because of his new high position.

"I will arrange it." Lehman didn't want to say anything, and changed the subject with a smile: "It's just convenient for management. You still need to take care of the business."

Of course he did this for more than one reason.

He has been thinking about the failure of DreamWorks for so many days.

A powerful film and television company that lacks works, talents, connections, and channels is just like that.

Although there is a certain degree of internal discord, the Big Three have their own concerns and cannot work together, but the main reason is that they do not have enough stable funding sources.

Just like Time Warner standing behind Warner, many European giants and big bankers like Guzman are standing behind the Lions. They won't get hurt because of several failures.

And second-tier companies like Lehman and DreamWorks are not necessarily.

Filming is always risky.

Historically, there was an unknown number of film works in which an investment production company closed down.

A "Cut Throat Island" directly pitted Karlok, an independent production company with a hot box office performance for several years, into bankruptcy, and was finally acquired by MGM at a low price;

A "Cleopatra" almost shut down 20th Century Fox, the capital chain broke, and it was relieved by the sale of its studios and company buildings;

A "Heaven's Gate" also led to the bankruptcy of United American Film Corporation and was soon acquired by MGM...

And if the "New York Trip" is too deficient, Firefly Pictures' liquidity will be gone, and Lehman still owes Guzman more than $108 million. Maybe it will apply for bankruptcy protection if it fails. It's too unsafe.

Therefore, Lehman’s real idea is that after the company grows, it can cross-swap control and equity through MAN Media, so that it can use the method of operating subsidiaries to get listed, and it will be easier to find more sufficient funding sources. .

But these need not be too explanatory.

......

When several matters were confirmed, the first enlarged meeting came to an end.

After being vaguely perfunctory, Joseph left without saying anything.

After the meeting, Lehman took Ryan to communicate separately.

Because of the reorganization of assets, the equity held by the two has changed again.

Among the shareholders of "Firefly Pictures" are Lehman and Ryan, Lehman holds 51% of the controlling stake, and Ryan is 49%; and "Blue Butterfly Entertainment" is mostly held by Lehman. , The ratio is as high as 95%, Ryan has only 5%; Mann Media is occupied by Lehman 73%, Ryan has 27%.

Ryan didn't quite understand such a complicated setting, but out of trust in Lehman, he also signed the contract.

All the information was registered under the witness of the lawyer.

After leaving the building leased by Blue Butterfly Entertainment, in the underground parking lot, Lehman smiled and said to Ryan: "Maybe in a few years, you will have more money than your father."

Ryan's dad counts fixed assets, probably more than 400 million yuan, and several factories and clothing stores are very profitable.

"Let's take it step by step. I think the entertainment industry has too much moisture. The market value depends entirely on whether anyone is willing to spend so much money on it. There is too much room for the copyright of those movies to fluctuate." Get in prison, just think of big expansion.

In his mind, few of their companies are not premium.

To be truly bankrupt and liquidated, two hundred million can be high.

Unfortunately, in such a big environment, all entertainment industries are inflated.

Just like the valuation of Internet companies, there are no fixed assets at all. Some people are optimistic about it, but no one is optimistic. How much money can the so-called idea be worth?

But the development of the times is like this.

There is no prospect of selling companies to make money if they are engaged in industry.

A night of myth is not the result of being able to do business.

......

Driving the car, Lehman took Ryan back to the Firefly Pictures building as usual.

I looked at the financial statements and took another copy of the Los Angeles Daily.

With the start of the Christmas file, most people in the industry have always focused on the film market at the end of the year.

At the beginning of November, the perverted group of Pixar Animation Studios took out another "The Incredibles", which occupied the family fun market as soon as it was released.

As a young and interesting animated film, it is very suitable for parents to watch with their children.

The film mainly tells the story of the great Superman, Bob Bob, who was unwilling to be lonely and returned to the world after retirement.

The five-year distribution contract between Disney and Pixar Studios is a huge profit.

It has been in theaters for more than a week, and the cumulative box office in North America has exceeded 170 million, and the momentum of "Finding Nemo" released last year is not too big. Both are animated movies that are expected to get 300 million box office.

Moreover, in the international market, the cumulative box office for the three days of the show was as high as 45 million US dollars.

In one fell swoop, it created a new record for a single weekend international box office in Pixar animation history.

Disney is laughing to death as a distributor. Pixar Studios produces explosive products every year, but most of the annual profits are taken away by Disney.

what is this?

What is a working emperor? This is it.

The media is also frantically creating momentum for "The Incredibles", hoping that the local box office will exceed 300 million.

And in mid-November, Touchstone Pictures produced "National Treasure", an action-adventure movie in which Nicholas Cage regained his status from "Bad Guy", also began its premiere.

Cage naturally called a few days in advance to invite Lyman to join him.

Lehman is still very interested in this relatively successful commercial.

He also agreed to attend.