I’m in Hollywood - Chapter 166

[Chapter 162 Missed]
After carefully reading the information of the two companies, Eric discovered that, perhaps because it was established more than ten years ago, the current strength of the new line is far stronger than that of Miramax. The simplest evidence is that In terms of distribution capabilities, as a second-tier film company, the new line has been able to roll out nearly 1,500 screens for a movie, but Miramax is still in the stage of making a small fuss, and can only raise funds for the movies it releases at most. Four or five hundred screens.
Moreover, when Miramax was established, the new line had already started the independent production business, and now it also owns the very profitable “Nightmare Street” series copyright, but Miramax is still buying and distributing films all over the world. stage.
Seeing this, Eric couldn’t help but patted the table lightly, and suddenly remembered that he had missed something, which was about Steven Soderbergh’s sex, lies, videotape. It was with this film that Deberg became the youngest Palme d’Or winner at the Cannes Film Festival a few months ago.
At the beginning, Eric also reminded himself to buy the North American copyright of the film, but because of the busy shooting of “Dark War” during that time, he forgot it unknowingly.
If history doesn’t shift, this movie must have been taken by the Weinstein brothers.
In my memory, Miramax relied on the film “Sex, Lies, Videotape” to emerge, and only after a small profit did he have enough capital to enter the field of independent production, and slowly figured out a set of his own. The road to survival begins to flourish.
It’s late July, and Eric only knows that “Sex, Lies, Video” won the Palme d’Or at the Cannes Film Festival in May, but he hasn’t found out in newspapers and magazines that the film will be released in North America.
If Miramax really gets the distribution rights of this film, then if you want to acquire Miramax, it is best to reach an agreement before the film is released, otherwise, once “Sex, Lies, Videotape” is won Good box office results, even if the Weinstein brothers still agree to be acquired, Eric will definitely pay more.
The rules in the circle are like this, a movie can make a company’s market value greatly increase, just like Pixar in the previous life, originally an animation film company worth 50 million US dollars, because of the success of “Toy Story”, the market value has doubled in a short period of time. 20 times.
In Eric’s vision, it is best to take these two companies at the same time, so that commercial films and art films can develop side by side, with those classic Oscar-winning films in Eric’s mind, even if Mira Max, once again heading down the path of art-house film distribution, is certainly not making less money than a company that focuses on commercial films.
The estimated market value of the new line in the data is about 150 million US dollars, because the other party is also a veteran company that has been in business for 20 years. Since 1984, the series of films has been filmed every year. As a low-cost horror film, it is almost always making money. Although the box office will not be too high, it will last for a long time.
Although Miramax is still in the third-tier position, the market value of the company is also estimated at about 20 million US dollars in the data, because the Weinstein brothers have been drawing all over the world over the years, and the film library has also accumulated a lot of movies. Resources, and Eric also understands that the most valuable thing about Miramax is not the label of this company, not the movies in the film library, but the two Weinstein brothers. The Weinstein brothers gave up Milamax in 2005 After Lamax, Miramax soon disappeared, and was sold at a low price by Disney a few years later.
But now, although “Fengyue” has an income of more than 100 million US dollars, and Eric can also borrow again, it is not a simple matter of money to win two companies at the same time, and it
must involve the exchange of equity.
He believed that with the shrewdness of Robert Shea and the Weinstein brothers, even if he once again raised sufficient funds by means of loans and intended to acquire the other party’s company wholly, these people would not agree. There is a benefit in exchange for the equity of a film company with great development potential.
While thinking about these things with a slight frown, Jeffrey knocked on the door and walked in.
“There is news from Venice, “Cry on the Island” successfully entered the main competition unit, and Jonathan Demme has revised the film again according to your opinion, Eric, do you want to watch it again? ”
Well, I’ll go to the screening room right now,” Eric nodded, temporarily put aside the idea of acquiring two companies, got up and followed Jeffrey out of the office.
“What were you thinking about just now?” Geoffrey and Eric walked side by side and asked casually.
“The information on New Line and Miramax, you know.” Eric replied: “I want to eat these two companies at the same time, but I don’t want to pay too much equity.”
Jeffrey is a little silent. Once the company expands, Jeffrey understands that his talent will not be enough to support the operation of the entire company. After all, he only needed to be responsible for a few movies produced and invested by Eric, and even You don’t even have to worry about the issue of distribution, and after acquiring a new company, Firefly will definitely start to get involved in distribution, and Jeffrey had no ability in this regard before, and he will definitely give up the position of CEO at that time.
However, after just a short tangle, Jeffrey was relieved quickly. As long as Firefly is still Firefly, what he once thought was to run Firefly into a large-scale film company. Now that he has this momentum, he needs to give up Get the position, nothing.
Ever since the original Firefly, who was left behind by his wife, went bankrupt because of his stubbornly self-made filming, Jeffrey has become very self-aware, just as he occasionally complained about Eric’s filmmaking, mentioning that Small opinion, but never intervene in the production of the content of the film, because he knows that he does not have the strength in this area.
After thinking about this, Jeffrey patted Eric on the shoulder: “If you can’t do it, take your time. I have also read the information of these two companies. To be honest, I prefer the new line, even if some shares are replaced. It’s also worth it. And Miramax is too small, I don’t see what you like about this company.”
Eric smiled: “You will understand in the future.” The
two said He walked into the Firefly’s screening room together. Jonathan Demme probably stayed up late again, so he had faint dark circles under his eyes, which showed that he attached great importance to this movie.
[End of this Chapter]
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