Acquired White Castle Publishing for $7.8 million;
Acquired Smile Publishing for $63 million;
Acquired Bruin Duke Publishing for $70 million;
Golden Dawn Entertainment Group spent a total of US$140.8 million to acquire the three publishing houses. Even though Golden Dawn Entertainment Group is now wealthy, this amount is definitely not a small number.
"Victor, our current liquidity should be sufficient to support the layout of the film distribution network in Mexico and South America, right?"
Kyle inquired.
"Yes!"
CEO Victor nodded and said, "This morning, our CFO, Sister Martha, just reported to me on the company's financial situation. We currently have $120 million in liquidity on our books, which is more than enough to build a distribution network in Mexico and South America. Furthermore, even if we run out of funds, we can immediately draw on funds from UPN and Page Pictures to support our strategic expansion plans."
Hearing this, Kyle nodded.
I understand.
"Oh, by the way. Regarding the situation of "Titanic", don't forget to pay more attention to it in the near future and urge Paramount and Fox to quickly transfer the first share of the profits to our company's account." Kyle reminded again.
"Okay, boss."
"These six Hollywood guys are all ruthless. If we are not careful, our money will be taken away. I don't want to go to court with them over this money. That would be too troublesome." Kyle curled his lips.
The moral integrity of the six major Hollywood stars is completely unreassuring!
Every year, any of the six major Hollywood studios goes to court dozens of times over salary and profit-sharing issues!
In the movie "Titanic", Paramount Pictures invested 85 million US dollars and took 25% of the box office profit share of the producer, as well as related offline peripheral licensing income.
Judging from the current box office trends, the box office results of this movie should be almost the same as those of the original time and space.
In other words, the North American box office was 659 million US dollars, the overseas box office was 1.151 billion US dollars, and the global cumulative box office was 1.81 billion US dollars (this does not include the 2012 3D remake and the 2017 20th anniversary edition).
...
First is North America.
"Titanic" North American box office 659 million US dollars!
After deducting 39% of the theatre's share, 18% of the distributor's fees, 3% of the cost of copies and other materials, and 15% of director Cameron's share, the producer is left with only 25% of the total North American box office, or about US$164 million.
However!
This $164 million does not entirely belong to Page Pictures!
The profit belonging to Page Pictures was only a quarter of the $164 million, and in the end, it only earned $41 million!
"Damn Paramount and Fox, they're so fucking shady!"
Kyle looked at the report in his hand and complained, "Victor, look at their issuance fees. Tsk, tsk, tsk, tsk, tsk, shamelessly taking 18%."
Don't even mention that Kyle would complain about them.
You should know that under normal circumstances, the distribution cost of a film with a cost of over 100 million is only 8% to 15%, and the distribution cost of some films is even only 6%.
I have to say, the Big Six are really cunning!
The movie "Titanic" was produced by these two companies, and also distributed by them. Increasing the distribution fees is just a transfer of money from one hand to the other for the two companies, but for Page Pictures, it is a huge loss of money.
"hehe!"
Hearing this, Victor laughed in a very unkind way.
He laughed and scolded, "Boss, it's fine if you say that in front of me, but if you say that in front of Paramount and 20th Century Fox, they'll probably be pissed off."
"Don't forget, we made a ton of money at the overseas box office."
"Including North America, we earned $160 million at the box office alone. After deducting the $85 million in costs, we made a full $75 million."
"The biggest beneficiary will be the offline market, which we estimate will generate no less than $250 million in profits in the next few years."
As soon as he finished speaking, Kyle's anger subsided.
After calculating the accounts, Kyle really made a huge profit.
Moreover, even if the film is re-released in 3D in 2012 and again in 2017 as a 20th anniversary edition in the future, Page Pictures, as one of the investors, will continue to enjoy a share of the profits.
It's so wonderful!
"Well, the next task is to integrate the three acquired publishing houses into one publishing house with three sub-brands."
For a moment, Kyle thought a lot in his mind and began to make long-term plans.
Why acquire a publishing house?
Isn't it to expand the territory of Golden Dawn Entertainment Group and improve the company's risk resistance?
At the same time, once the publishing house is integrated, we can start operating the "Harry Potter" series, and when the time is right, we can start the big movie mode in one fell swoop.
....
20th Century Fox Film Corporation.
CEO Bill McNicholl, President Tom Rothman, COO Jack, Head of Production Giannopoulos, and Production Manager and Titanic Producer Grant Hill.
The five people gathered together to discuss the issues of Page Pictures.
"Bill, we're going to lose a huge amount of money on the Titanic project for no reason. As the CEO of the group, you must bear the primary responsibility!"
As soon as the meeting began, Tom Rossman, president of the group, pointed the finger directly at CEO Bill McNicholl.
The purpose is obvious!
It's about holding you accountable and getting you kicked out of office!
If you don't step down, how can I have the chance to take over?
Production director Gianopoulos echoed this, saying, "According to the financial data, Page Pictures will earn at least $320 million over the next few years. The board of directors has already demanded an explanation for the sale of our investment stake to Page Pictures."
"That's right!"
COO Jack: "Bill, you are the CEO, you have to take the primary responsibility!"
Grant Hill, the production manager and executive producer of Titanic, agreed: "Mr. Murdoch, he'll see how much money we made for him, and he'll also see how much money he lost because of our stupidity."
CEO Bill: "…"
Deserted by everyone!
At this moment, Bill McNickle felt very heartbroken. In addition to cursing the guys at the scene for being dishonest, he also cursed Kyle, the instigator.
If it weren't for Kyle, he would definitely still be enjoying the success and cheers brought to him by "Titanic".
But now, everything is over!
Really!
Within a few days, at the new board meeting, the vast majority of shareholders, led by Chairman Murdoch, criticised CEO Bill.
In particular, those shareholders who had long been dissatisfied with Bill took advantage of the issue and called on other shareholders to demand Bill's removal from the position of CEO.
Ultimately, the vote passed.
Bill, step down in disgrace~~!
"Kyle Page, you damn bastard, you made me lose my job, and I'm not done with you!" Bill McNicholl.