How could Kyle not be envious of "Titanic", which had a global box office of 1.8 billion US dollars?
Now that the opportunity is right in front of him, Kyle will never give up!
You said that after the release of Titanic, Kyle would offend the two giants, Fox and Paramount? Because Kyle robbed them of the huge profits they deserved?
That's right!
Because of this huge profit, Kyle will offend them!
But Kyle wasn't too worried.
You have to know that Paramount and Kyle's Page Pictures have many cooperation agreements, and they have signed 5 overseas distribution contracts alone. As long as Paramount still wants this part of the profit, it will not make things difficult for Page Pictures.
The most important thing is that as long as Paramount still has the idea of acquiring Page Pictures, it will not become enemies with Kyle in the short term.
That leaves only one Fox left.
"20th Century Fox owns a large number of Marvel superhero copyrights, and I also own them. There will be many conflicts in the future, and sooner or later I will offend them. Besides, who doesn't have a few enemies in Hollywood?"
"Even if you are a big company, I am not afraid now!"
Kyle was full of confidence and vowed to do so.
The next day.
Page Pictures began negotiations with representatives from Paramount and Fox regarding their investment share in Titanic.
The first company to talk to was, of course, Paramount.
After all, the two sides are considered "allies" in Hollywood. Of course, as one of the six major Hollywood studios, Paramount is in a stronger position.
"Victor, we at Paramount hold a 38% investment share in the Titanic project, and we also enjoy corresponding box office dividends, and some rights in surrounding markets such as DVDs. At present, we can sell a part of our share to you, but you must pay a price higher than the market price to purchase this part of the share." Dave Lehman said seriously.
Dave Lehman, a production executive at Paramount Pictures and a veteran of the Hollywood industry.
He is fully responsible for this negotiation.
"Sir, you are not right," Victor said cunningly.
Above market price?
You're thinking too much!
As we all know, Titanic currently has a B+ rating from various sources, indicating a high probability of loss. Therefore, generally speaking, the investment proportion for this portion of the investment is equal to or lower than the market price.
But now, they want to sell it to Page Pictures at a price higher than the market price.
Paramount's behaviour of taking advantage of the situation is completely undisguised!
Will Victor give in?
Haha! Even if you want to make concessions, you definitely can't make them on the first day of negotiations. Otherwise, there's no point in talking anymore and you'll just be slaughtered.
13%!
That's right, this is the investment share Paramount was willing to sell on the first day of negotiations.
However, this small number of shares could not satisfy Kyle's appetite at all.
As for negotiations, just keep talking.
...
20th Century Fox.
"Impossible!"
"Your asking price is so high, it's unreasonable!"
"Even if we are the ones who are being taken advantage of and made a fortune, we still don't do things the way you guys in Fox do."
"For giving up 20% of the total investment share, you asked for $70 million. This is $20 million higher than the investment issuance cost and $30 million higher than the current market price of large ships."
"Even if you want to kill people, it's too cruel."
Victor was a little angry.
20th Century Fox is asking for an exorbitant price. Their offer is much higher than Paramount's!
Although Paramount's offer was high, it still had many cooperative relationships with Page Pictures, so both parties were relatively restrained.
The price is acceptable. However, Fox is not authentic and is going to make a killing.
"Is it expensive? Then you don't have to buy it! Hey, don't be angry, Victor. Let's continue talking. If it doesn't work, you can ask your boss, Mr. Page. What do you think?" Fox's negotiator said with a smile.
"You...you guys are really funny." Victor laughed angrily.
...
The negotiations lasted for two days, and Page Pictures, Fox and Paramount held more than six rounds of negotiations.
At present, the opinions of the three parties are very clear!
The two companies were willing to sell a portion of their investment, and Page Pictures was willing to take over. However, there was a major disagreement among the three parties over the price of this investment.
Of course, this is not the main point!
The most important thing is the final profit ratio of the film.
In theory, for a film, investors have the right to profit from box office profits, DVD and videotape sales, TV platform broadcast fees, film copyrights, peripheral fees, etc. Even if they cannot enjoy all of these rights, they still have a lot of them.
However, both of their families are too shady!
Paramount representative: "No, no, no! Your company, Page Pictures, can only enjoy a share of the box office revenue from the Titanic project."
Fox representative: "Do you, Page Pictures, have the right to enjoy the copyright and profits from the surrounding market?!"
Oh shit!
It's so fucking bullying!
Even if you are one of the Big Six in Hollywood, a world-famous company, the investors can only enjoy the right to box office dividends. This is simply treating people like idiots!
"If you push me too far, don't blame me for quitting. Whoever wants to buy it can buy it. We at Page Pictures will not be involved. Bye, everyone." Victor said harshly.
In Hollywood, a movie's profits outside of box office revenue are often 1 to 1.5 times its box office profits, involving huge interests.
Even a layman understands this truth!
Capital from India, South Korea, Japan and other countries can also enjoy some rights other than box office dividends when investing in Hollywood movies!
And they are all outsiders!
"So I'm a Hollywood insider, but I'm not as good as an outsider? Do they think I'm stupid?"
After Victor told Kyle the situation, Kyle was really angry.
"Boss, it's a negotiation. In the end, Fox and Paramount will compromise. After all, the market value of "Titanic" is there. The reason why they are so domineering now is just to save the face of the Big Six." Victor said with a smile.
Kyle nodded.
Suddenly, an idea flashed in Kyle's mind.
"Huh?"
Kyle immediately said, "Victor, if we tell the major media outlets about our investment in purchasing a portion of the ship, will they ridicule me and Page Pictures?"
"Well?"
As soon as the words fell, Victor was stunned.
Are there people who actively seek ridicule?
"Victor, think about it! The current market for big ships is that the media is not optimistic about it, theatre chains don't pay attention to it, film critics don't like it, audiences don't expect it, and even the producers themselves want to die. In short, with a production cost plus publicity and promotion costs totalling $300 million, big ships are a laughing stock in Hollywood."
"if!"
"I said that if the media learned that we were buying a stake in the ship and that we were optimistic about its future success, they would seize the opportunity and use all the nastiest words to mock me."
"After all, they would never let go of the opportunity to mock a billionaire!"
Kyle spoke one sentence after another, and Victor understood instantly.
"Boss, you want to create the impression that we might abandon Titanic under the pressure of the media. So that Fox and Paramount will be cautious and voluntarily give up some of their interests, to achieve the goal of quickly facilitating negotiations?" Victor suddenly realised.
Kyle smiled immediately.
Media ridicule?
Whoever wants to mock me can do so. I'm thick-skinned, why would I be afraid of these things?!