Heads Up Hollywood

Chapter 1229 Round A

Fighting skills in Hollywood, after a few years, Twain has become a fighter who can't be beaten.

Especially after experiencing last year's Big Five alliance incident, Twain has become the most solid pillar in Hollywood.

However, fighting against Wall Street is different.

In Hollywood's internal struggle, you can play tricks and tricks, but you can't do that with Wall Street.

This is cross-border, and the ultimate direction of tricky tricks will definitely tend to be political.

In this area, Hollywood has no advantage over Wall Street.

Fortunately, when IPO is listed, the initiative is actually in the hands of the listed company, and the external image of the big investment bank is the platform party and the intermediary underwriter.

This allows both sides to have a fair bargaining.

Wall Street is the home court and has financial privileges; listed companies are the main body and have the legal commanding heights.

In the determination of the issue price, the two parties are actually peers.

No one wants to destroy the cooperation, and everyone hopes to reach an agreement as soon as possible, then the next step will be easy.

Take the evidence!

The more evidence the investment banks come up with, the lower the issue price can be.

The more evidence New Universal can produce, the higher the issue price will be!

This is a contest of hard power, and it depends on whose level is higher.

Because New Global is the main body of the listing, New Global must have a better understanding of its own situation than investment bank consultants. Speaking of it... it also has a slight advantage.

The launch date of the new Universal is August 8th.

Before going public, New Global will conduct a 10-day global roadshow to test investor reaction.

Therefore, there is not much time left for New Global and Wall Street.

To reach an agreement as soon as possible!

Before the global roadshow, determine an issue price range!

Then, according to the results of the roadshow, the final issue price will be determined on the day before the IPO.

On July 21, New Global took the lead in making moves!

Marvel Studios, which raked in more than $2 billion in box office this year with "Thor," "Daredevil 2" and "The Avengers," made a major announcement.

With the release of "The Avengers", the first phase of the Marvel Universe has been completed, and the second phase has officially started!

In the second stage, more superheroes will appear one after another, and more exciting stories will be dedicated to movie fans.

In addition, several films and their schedules initially determined in the second stage were disclosed.

In 2007, in May, "Ghost Rider 2"; in July, "Captain America"; in December, "Iron Man 2".

In 2008, in May, "Thor 2"; in June, "Ant-Man 3"; in September, "Erica".

In 2009, in March, "Captain America 2"; in June, "Daredevil 3"; in December, "Iron Man 3".

In 2010, in May, "Ghost Rider 3"; in July, "Avengers 2"!

In addition, there may be an R-rated "Deadpool", and it is said that "Spiderman" will appear...

This is good news for the market.

Wall Street was also very face-saving, and immediately raised the expected issue price by US$2 to US$198.

...

This summer, the second movie with a global box office of more than 1 billion US dollars appeared, and it was "The Avengers"!

"Daredevil 2" has not yet broken the box office of 1 billion, and "Pirate Alliance 3" also took a whole month to reach the goal.

"The Avengers" is much simpler, two and a half weeks... 12 days to be exact! It has completed the task indicator of a global box office of 1 billion US dollars.

Tang En deserved the title of "King of Commercial Movies"!

Of course, amidst all the praise, there are always some unconventional film critics who think that Tang En is exhausted and squandering his talent.

What's the point of filming this kind of comic book sequel?

Is this what a great director should do?

Dunn Walker is an Oscar-level director. He has a great reputation for making some stupid commercial films without thinking about artistic exploration and technical breakthroughs.

This kind of argument can't affect Tang En.

He was originally a businessman.

No shame in making money!

He doesn't just make comic-changing movies.

He has planned everything, the next movie will definitely be an exploration of the so-called art field. There are currently three plans, one is Tang En's "original" script, "Green Book"; one is the film remake that Universal Pictures intends to restart, "Berlin Spy"; one is the project of gold medal producer Anthony Minghella , "The Reader".

Among these three projects, Tang En is currently more inclined to "Green Book".

Politically correct!

This is even more important after New Universal goes public.

After women's rights, racial equality will be another major topic, and "Green Book" expounds on this idea, which will make Twain continue to be the leader of Hollywood's mainstream thinking.

Of course, everything is still unknown.

Now the task is to go public!

What to make in the next movie, we have to wait until next year to think about it.

Tang En is now attending the celebration reception of "The Avengers".

In 12 days of release, the global box office reached 1 billion US dollars!

This kind of good news, which is so dazzling that it is even a little scary, has to make Marvel Pictures throw a grand party. As a film director, Twain must participate.

Except for Zack Snyder and the main creative team who were not present because of the filming of "Ghost Rider 2", all the contracted actors and creative personnel of Marvel Studios were present.

The first stage is over, and it is the end of a great harvest!

Next, it's time for the second phase.

Cooperation will continue.

Brilliant, will continue!

In addition, many important figures also came to the reception, including Steve Burke and Tom Rothman.

It's not because they congratulated "The Avengers" on its global box office breaking through 1 billion US dollars. The real reason is to give Tang En a face and sell it well.

hulu is on fire!

Hulu, a streaming video website launched on June 1, has become a hot word on the Internet in the United States today!

Although the current website pages are still relatively rough, the placement of advertisements is relatively foolish, the business model has yet to be perfected, and it is still in the beta version.

But even so, the powerful advantages of network streaming media have allowed more and more netizens to see the advantages of hulu compared to traditional cable TV.

Hulu has been online for 50 days, and the number of paying users in the United States has exceeded 3.5 million!

With a monthly subscription price of $7.99, Hulu will charge $28 million in monthly subscription fees!

exploded!

It is impossible for traditional Internet companies to generate such a huge revenue so quickly, and they can only maintain operations by burning money in the early stage.

How old is Amazon? Still burning money.

Hulu is only a few months away? You can quickly realize your self-worth.

This growth momentum is simply better than Starz!

After all, in terms of content richness, hulu is much better than starz.

The streaming video business of "Internet + Hollywood" really has a head start!

It's a big deal!

At the beginning of Hulu's establishment, Dunn used his strong appeal and reputation to raise 100 million US dollars on Wall Street with 10% of the shares, directly raising Hulu's valuation to 1 billion US dollars.

Now, Hollywood has a lot of confidence.

The pursuit of Wall Street is also hot!

Judging from the current situation, Hulu's valuation...at least 2.5 billion US dollars!

Both News Corp and Comcast have dreams of an Internet empire.

Therefore, as the entertainment groups of these two companies, Twentieth Century Fox and NBC Columbia Pictures naturally have the most heart for Hulu.

Both Tom Rothman and Steve Burke were big shots. After Dunn heard that they were coming, he went up to greet them immediately.

Kevin Feige of Marvel Studios is still a little bit worse.

After seeing Tom Rothman and Steve Burke, there was a burst of polite words of congratulations and congratulations. Dunn listened to them all night, and his ears were almost callused.

For his commercial films, a global box office of 1 billion US dollars is the basic requirement!

Don't forget, his first solo movie was "Titanic".

Such a strong start requires him to have amazing achievements in commercial films, otherwise he will hurt Zhongyong.

After the false politeness, Tang En finally figured out the purpose of their visit tonight.

For Hulu's first round of financing!

The last round of financing with 10% shares of 100 million US dollars was the angel round, and the next round is the A round of financing.

Regardless of the fact that Hulu now has 3.5 million paying users and a monthly income of nearly 28 million U.S. dollars, it is still a long way from making a profit and is constantly burning money.

Hulu's video library is very rich. Except for Universal Pictures, 20th Century Fox, Columbia Pictures and Disney's film library resources, which are free, other companies' video content requires payment, including Warner and Paramount. DreamWorks, Lionsgate, Summit Entertainment, and more.

The monthly expenditure on film and television copyright is as high as 20 million US dollars.

There is currently $33 million left in the angel round of funding, and it's time for a round of financing.

Steve Burke and Tom Rothman will be there in person, obviously wanting to participate in the Series A round too!

Hulu's four major shareholders are New Universal, NBC Columbia, Twentieth Century Fox and Disney, each holding 20% ​​of the shares. On the surface, it seems that everyone is equal and has the same right to speak. In fact, everyone understood that Tang En had the most say.

So Tang En's opinion is very important on who to choose as the financing target for the A round!

"NBC Columbia and 20th Century Fox want to participate in the A round of financing?" Tang En frowned, a little embarrassed, "This will break the balance of the four major shareholders."

Tom Rothman sneered in his heart.

balance?

Balance shit!

Who doesn't know you're the biggest influencer on hulu?

Steve Berkshire thinks so too.

To weaken Tang En's influence on Hulu, the most direct way is to dilute New Universal's shares in Hulu.

Of course, both Tom Rothman and Steve Burke have a bit of a guilty conscience.

At the beginning, when the streaming media business was questioned, they were all in a wait-and-see state, not wanting to take a penny, and fearing losing money. It was Tang En who relied on his face and reputation on Wall Street to bring in a wave of 100 million US dollars in angel investment.

Now, seeing Hulu's success, countless investment institutions want to participate in Hulu's financing and get a share of the action. It was profitable, and they just wanted to kick Tang En out, which really felt like killing a donkey.

No way, this is the commercial society.

In the face of huge interests, there is no sympathy at all.

It's a pity that they really underestimated Tang En's situation.

To put it bluntly, it is to measure the belly of a gentleman with the heart of a villain!

hulu?

Hulu is a fart!

Tang En didn't take Hulu seriously at all.

The reason why he launched Hulu is entirely to find a shield and a stepping stone for Netflix!

Even if Tom Rothman and Steve Burke don't play this little trick, Twain will gradually reduce his holdings in Hulu and focus on developing Netflix wholeheartedly.

Immediately, a light flashed in Tang En's mind.

Hulu's A round of financing is an opportunity for New Universal and Wall Street to fight!

Wall Street will spare no effort to lower the price-earnings ratio of New Universal. The biggest reason is that the hardware industry potential of Dolby DVD players is weak, while ignoring the Internet industry prospects of Facebook and Netflix.

The success of hulu represents the future of Netflix!

This will be a huge theoretical support for New Global to raise the issue price.

"If Hulu wants to continue to develop better, it must proceed with the next round of financing as soon as possible." The three of them discussed for a while, and Tang En gave such a definite answer, "If there is a chance to make money, we must be given priority. own people."

Tom Rothman and Steve Burke rejoice!

Here's your chance!

Michael Eisner has been hurt by the Internet, and Disney will definitely not participate in Hulu's A round.

New Global is in the process of IPO listing, and the funds are in a semi-frozen state, and it is impossible to invest in other industries at this stage.

Take care of your own first...that must be nbc columbia and twentieth century fox!

Tom Rothman and Steve Burke looked at each other and nodded secretly.

This matter must be done as soon as possible!

In case New Global's IPO is successful and the book funds are restored to freedom, maybe they have to intervene. Then their goal of diluting New Global's shares will not be achieved.

Steve Burke said in a deep voice: "Yes, financing is necessary, and the sooner the better! Although there are still more than 30 million US dollars on the book, Hulu is expanding its enrollment and intends to lease a larger office floor Building, these require huge expenses."

Tom Rothman also said earnestly: "Yes, the Internet world is changing rapidly, and Hulu must be given enough cash reserves. Otherwise, in case of accidents, all the hard work we bet on Hulu will be over."

"Since you have no objections, let's do it." Tang En nodded approvingly, then sighed, "But if you understand the situation at New Universal, I'm afraid you won't be able to get involved."

New Universal could not participate, and Tom Rothman and Steve Burke were already happy in their hearts.

However, there is always a face to face, Tom Rothman said sternly: "It's okay, going public is the biggest thing, you should focus on the IPO, if you need help, just say, I have some on Wall Street Human connections. Hulu’s financing will be handled by us.”

Steve Burke echoed again and again: "With us, Hulu's A round must be beautiful, the valuation will not be less than 2.5 billion US dollars, and the financing scale will not be less than 150 million US dollars. You go to your business Enough!"

Tang En secretly laughed while watching the wonderful performance of these two old friends.

thank you!

Thank you for your assists!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like