Hollywood New Century

Chapter 156: capital game

In February 2008, the Hollywood Screenwriters Guild and the Producers' Union had begun formal labor negotiations.

Not only is the pressure on the film company, but also as a screenwriter, the pressure is not small. In the current environment, the number of unemployed people is increasing every day, and screenwriters also need to receive a salary to live.

Twentieth Century Fox CEO Gia Nopoulos, President Tom Rothman, Vice President Emma Watts and Fox Searchlight Co-Chair Nancy Nancy Atley and Steve Girullah and other high-level are there.

"The writers' strike has had a great impact on our TV station. At present, the official negotiations between the Producers Union and the writers' union are underway, which is likely to be the condition put forward by Xinghai Entertainment. In terms of new media interests, the commission for the writers' union has been increased to 3.5%! ' said Gia Nopoulos, CEO of Twentieth Century Fox Pictures.

Everyone nodded their heads. Now the writers' union has been around for a long time. Not only TV, but also many film projects have been affected; such a strike is too heavy for the film media group.

At this moment, Tom Rothman, president of 20th Century Fox Films, said: "Xinghai Films has successively acquired Summit Entertainment and United Theater Company with great sums, and it is a sure thing to intervene in distribution. We only have one musical produced by the owner of Xinghai Films this year. The distribution contract for the adaptation of the movie "Mamma Mia!" has been signed, and the finished film is still good, and it looks like it should be a successful adaptation!"

With Tom Hanks coupled with Simon Pike's vision, and the musical Mamma Mia was a hit in its own right, there seem to be plenty of reasons for the film's success.

Emma Watts, vice president of Twentieth Century Fox Pictures, sighed: "Spartan 300 was very successful, and the later release of "26 Dresses" also exceeded $70 million at the North American box office, and the box office in overseas markets also exceeded $70 million. Also over $80 million!"

"Also, we missed No Country for Old Men, a good Oscar-nominated film when..." Emma Watts said, looking at Fox Searchlight co-heads Nancy Atley and Steve Gee Lula, sorry.

"'No Country for Old Men' not only has a good reputation, but also has a high box office. At the time, we at Fox Searchlight were not optimistic and did not try our best to fight for it. Simon Pike asked Lionsgate to distribute it for them," Nancy Atley also regretted it. .

Tom Rothman asked with a somewhat complicated expression: "Does Xinghai Entertainment have other acquisitions?"

"As far as I know, Xinghai Entertainment acquired Summit Entertainment, United Theater, and purchased a large piece of land to build a new headquarters. There are no other big plans," Emma Watts had more contact with Xinghai Entertainment before. , pay more attention.

"Simon Pike has spent a lot of money in more than a month!" Gia Nopoulos was also surprised. Summit Entertainment counted the debt of $140 million, the United Theater $200 million, and the Xinghai headquarters land of $40 million.

"No way, Simon Pike's Nine-headed Bird Fund made a lot of money in this subprime mortgage crisis. With a $1 billion leveraged bet, for every $1 in Fannie Mae's stock price, he made a lot of money. Now Fannie Mae has fallen below $30 a share, and the profit of the Nine-headed Bird Fund has already exceeded $5 billion!" Tom Rothman was also envious, and a 26-year-old capital tycoon was born in this way.

The people around took a breath. It’s not a big deal to make movies, but they still kill the Quartet on Wall Street?

Gia Norpoulos is also helpless. Simon Parker has invested a lot of money in Xinghai Entertainment, saying that he always has to work hard in this aspect of Hollywood.

Of course, several major Hollywood studios know about the acquisition of Summit Entertainment, but none of them bid or block it.

After all, the funds of several major media groups are not abundant at present. More importantly, it will cost a lot to compete with Xinghai Entertainment, and be prepared to become enemies with Xinghai Entertainment.

"His timing was so good!" Steve Girulla said. As one of the heads of Fox Searchlight, the person in charge of distribution channels of course understands that even if Xinghai Entertainment intervenes in distribution, the Big Six are not vegetarians , the slightly better schedules of each period are filled with the movies released by the six majors themselves.

The United Theater Company has less than 30 multiplex theaters. With the most popular schedule, there will not be too many theaters that Xinghai Pictures can win. Can every movie produced by Xinghai Pictures have a good reputation and a good reputation? discuss?

"Many cinema companies are not having a good time now. After all, housing prices have fallen too much. Of course, they are now looking for movies with good reputation and attractiveness. The movies produced by Xinghai Pictures are indeed very successful in business. , to open up the situation, this year is a good time!" Steve Girulla felt puzzled, Simon Pike's current capital is enough to shake anyone who stands in his way.

"In the future, what we can fight for is the distribution rights of some overseas markets where Xinghai Pictures produces movies. I really can't imagine that Simon Pike can stir up the storm on Wall Street!" Tom Rothman was also thinking about it, just three or four years. Become a capital predator, Hollywood and Wall Street can be like a duck to water, this young man is too simple.

While 20th Century Fox Entertainment was distressed about losing its partner, Xinghai Pictures, Xinghai Pictures was thriving.

Whether or not this year's Oscars are canceled, the awards will definitely go to movies.

"No Country for Old Men" produced by Xinghai Pictures has a very high reputation, and it is the Oscar for Best Picture. Of course, it takes a lot of public relations.

Moreover, for the current Xinghai Entertainment, it is really not bad money. For the next 500 million US dollars, Simon directly injected 400 million, leaving 100 million for himself.

Counting the previous 100 million, Simon can spend more than 200 million. Except for the Gulfstream G550 business jet ordered, other things are still under investigation.

For example, Simon has always wanted a top-notch private yacht!

"David, the construction of the new headquarters, I hope to start as soon as possible, the back location, the studio, etc. can take it slowly," Simon said, standing in the office, looking out the window.

"Understood, I will urge them to come up with a plan as soon as possible," David Messer responded, but no matter how fast, the start of construction will have to wait until May. After all, the new headquarters building is not a random building. But the three buildings present a triangular concept.

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