Heads Up Hollywood

Chapter 230 Legend

What Michael Ovitz said reminded Dunn that it was indeed the case.

In fact, Wall Street has been involved in Hollywood since 20 years ago, mainly in the form of increasing stock holdings or financing. Although it is the film industry, in the final analysis it is still playing finance, which they are good at.

In 2003, movie platter investment appeared for the first time, and it was also the first time that Wall Street faced Hollywood film companies.

When I came up, I was shut down.

This year, Bank of Merrill Lynch and Paramount reached a cooperation to establish a private equity fund called "Melrose", planning to participate in Paramount's investment in 25 films in the next two years, with an investment share of 20%.

According to the contract agreement, Paramount Pictures must first share 10% of the total proceeds as the distribution fee, and then distribute the rest with private equity funds.

Everything is working according to contract and looks flawless.

However, the Wall Street investment bank, which is the first time to go deep into the operation of Hollywood movies, obviously has not figured out the routine of Hollywood to kill foreign investors.

Through the operation in the industry, Paramount directly wiped out most of the income of a series of films invested by the platter, which directly caused Merrill Lynch to return.

Sue Paramount?

I'm sorry, Hollywood has a tradition of murdering investors through conventional means in the industry for more than ten years, and has accumulated enough experience in dealing with them.

At least on the surface, Paramount's operations are reasonable, reasonable, and legal, and there is no deliberate false accounting.

With this experience and lessons learned, private equity funds and investment banks will find an "intermediary" as a guarantee when they make platter investments with Hollywood film companies.

This intermediary must be able to communicate with Hollywood and Wall Street, especially to understand the operating mode of Hollywood, and supervise and manage the flow and use of funds.

Therefore, Wall Street no longer cooperated directly with Hollywood, and a large number of "intermediary" companies were born, such as Relativity Media, Legendary Pictures, Dune Entertainment, Kingdom Pictures and so on.

As a senior Hollywood boss, Michael Ovitz can certainly see the inside story clearly. Moreover, the brokerage company is an intermediary service, and he is responsible for completing the "intermediary" between Wall Street and Hollywood, which is also worthy of the name.

Tang En breathed a sigh of relief, and said with a smile: "Well, in order to facilitate you to go to Wall Street to persuade those private equity funds and investment banks, Tang En Capital will invest 100 million US dollars, and we will cooperate to establish a company."

Michael Ovitz's eyes lit up.

Regardless of whether Tang En's reputation on Wall Street is true or not, Tang En's reputation in the film industry is absolutely astonishing. If investors on Wall Street were told that even Twain was interested in investing in this industry, wouldn't they flock to it?

"If it can be done like this, it will get twice the result with half the effort!" Michael Ovitz paused, and said boldly, "Well, I will personally contribute another 80 million US dollars, and the AMG brokerage company will contribute 20 million US dollars to make up enough money." 200 million US dollars is enough for Wall Street investors to see our sincerity!"

Since being kicked out of Disney, Michael Ovitz has held back his breath and wants to rebuild his glory!

Just like Jeffrey Katzenberg, when he left Disney, he determined to surpass Michael Eisner and prove his ability. This is also his original intention of creating DreamWorks.

Tang En stood up, walked forward and shook hands with Michael Ovitz, "Okay, then I will wait for your good news!"

Michael Ovitz said with a smile: "Don't worry, compared with such a big business of platter investment, Disney's ban order is a kindergarten trick. It will be resolved within a week!"

"I believe you." Tang En paused, then suddenly smiled, "By the way, since it's a new company, what's its name?"

Michael Ovitz looked at him jokingly, "It can't be called Dunn Media, or Dunn Fund Management Company, right?"

Tang En laughed out loud, and pondered for a while, "Since we are dealing with Hollywood, and our main business is investing in films, we should still call it a film company. In my opinion...or it should be called Legendary Pictures!"

"Legendary Films?" Michael Ovitz hesitated for a moment, then nodded immediately, "Good name, platter investment, it is indeed the first of its kind in Hollywood financing, we are creating a legend!"

...

With the help of Michael Ovitz, Tang En's burden has been eased a lot. He can concentrate on preparing the crew of "A Beautiful Mind" without worrying about messy things.

Jack Nicholson successfully entered the group and played the role of "William Pacher" with a salary of 1.5 million US dollars.

Ed Harris, who was originally affected by Disney's banning order, was directly cleared out.

What Tang En hates the most is this kind of person who adds insult to injury.

After many days in a row, Tang En did not respond to Disney's banning order. It seemed that everything was showing signs, as if he had given up in front of Michael Eisner.

Michael Eisner was naturally proud of himself, he thought Tang En was a character. Unexpectedly, he just used a small trick to suppress him until he couldn't breathe.

But mediocre!

Tang En's uncharacteristic admission of cowardice naturally aroused considerable repercussions in Hollywood's core circles. Under the strong suppression of Michael Eisner, Tang En's unsurpassed prestige accumulated in the past six months seemed to be gradually shedding its sacred halo.

However, there is an undercurrent that is quietly surging, and the driving force behind the scenes is Michael Ovitz.

It's just that everyone doesn't know it.

Tang En sat firmly on Mount Tai, and several of his good friends were very anxious. Mel Gibson even yelled curses on the phone, angrily accusing the Jews of being a bunch of bastards who controlled Hollywood and were destroying movies.

Tang En cursed back unceremoniously, with a very cold tone, "Mel, you are racist! Do you know that if it gets out, you will never make it?"

Mel Gibson didn't take it seriously, and said angrily: "Let's spread it? Are you going to spread my words?"

Tang En said angrily: "This is not a question of whether I will spread it or not. Your basic idea is completely wrong! Spielberg and Katzenberg are both Jewish, and Bill McNick, Michael Ove Ci, they are all my helpers, and they are also Jews! Mel, you must pay more attention in the future, this is very important to you!"

Mel Gibson said coldly: "You still have the mood to care about me? You are about to be KO'd by that Jewish bastard Michael Eisner now!"

Tang En said angrily: "Mel, calm down! I'll warn you once again, don't show any racist emotions, this is related to your career and your life! Don't forget, Nat is also Jewish!"

When Natalie Portman was mentioned, Mel Gibson's tone became softer, "You know, I'm not targeting Natalie."

Tang En sighed, "Mel, when people subconsciously say something subconsciously, you must control yourself. If you lose your composure on a certain occasion and say some anti-Semitic remarks, then you are in Hollywood It's the end of the day."

Mel Gibson was silent for a while, and suddenly laughed wildly, "I know it well, as long as you don't tell the truth, no one will know!"

Tang En said in a deep voice: "Anyway, you should pay more attention. Also, I heard... have you ever had domestic violence?"

"Who said that?"

Mel Gibson's voice tightened.

"Never mind who said it, I'll ask if you have any!"

"No!"

Tang En snorted coldly, "Nothing is the best! You should know that things are exposed, it's not much better than anti-Semitism!"

Mel Gibson said cursingly: "You boy, you are so boring. I wanted to fight you for injustice, but instead taught me a lesson. Okay, I won't talk to you anymore, it's long-winded!"

After finishing speaking, he hung up the phone directly.

Tang En sighed helplessly. Mel Gibson's character...maybe because he played too many tough guys and his temper was too tough.

I hope he can reflect on today's conversation, instead of repeating the mistakes of his previous life.

...

In mid-August, the global box office of "Spider-Man" broke through another threshold. The North American box office was 470 million US dollars, and the overseas box office was 650 million US dollars. The global box office successfully broke through the 1.1 billion US dollar mark, reaching 1.12 billion US dollars!

Judging from the current box office trend, it is impossible for the North American box office of "Spider-Man" to surpass the US$580 million of "Star Wars Episode 1".

But surpassing the 1.18 billion global box office data of "Star Wars Episode 1", it is definitely a certainty!

Universal Pictures has transferred all the previous box office splits.

Among them, the North American account was 249 million US dollars, the overseas account was 266 million US dollars, and the total account was 515 million US dollars.

Universal Pictures' distribution fee was 112 million US dollars. As for the 60 million publicity expenses and various expenses paid by Universal Pictures, it was included in the 10% of the distribution fee, so Twain Pictures earned a total of 400 million US dollars!

"Spider-Man" is still in theaters, and it is expected that there will be another 120-150 million US dollars in box office revenue in the future, but Tang En Pictures' share of the account is not too much.

Because of the distribution of theaters in the United States, usually with the extension of the release time, the share to the distributor will gradually decrease.

The first two weeks were around 55%-58%, and then gradually decreased. After 10 weeks, the account sharing ratio will become 45%.

Many commercial blockbusters in the later generations rely on the first week or two to earn crazy box office revenue, and then the box office revenue will be released in a waterfall manner. After 3 months, it will be released and enter window sales. This is also part of the reason.

During the meeting with Michael Ovitz, Twain checked the data, and it was a pleasant surprise that the average rate of return of films for major Hollywood film companies reached 20%.

But what about Spider-Man?

As soon as the data came out, it was shocking!

Not counting home entertainment, not counting peripheral copyrights, even before "Spider-Man" was released, Tang En Pictures had already recovered 400 million US dollars in the box office market!

What is the rate of return?

The budget for "Spider-Man" was 150 million US dollars, and Tang En Pictures paid an additional 40 million US dollars in promotional expenses, but the tax rebates from Germany and the UK also amounted to 42 million US dollars.

After all, from the current point of view, the return rate of "Spider-Man" has reached an astonishing... 170%!

This is the power of Tang En Pictures!

Can a mere banning order sanction Tang En Pictures and crush Tang En?

dream!

Twain is bound to write his own legend in this era!

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