Top of the Great Era
Chapter 1485
Chapter 1485
"your things?"
Kevin Tsujihara was stunned for a moment, not quite understanding.
Zhou Buqi said as a matter of course: "MGM is mine. What MGM loses is of course what I lose. I have already promised Bob that I will make MGM shine again!"
"Bob?"
"Bob Friedman, formerly the chairman and CEO of Summit Entertainment. Now this company has been acquired by me, and his team will be in charge of MGM."
Kevin Tsujihara nodded and sighed, "MGM's history is too complicated, many things have passed for decades."
Zhou Buqi waved his hand, and said lightly: "Yes, history. In 1986, all MGM film copyrights were taken away by Warner. But you are right, these things are too long ago. I am only talking about "Magic" Ring and The Hobbit.”
Back then, MGM experienced ups and downs.
In 86, the famous cable TV network Turner Media Group acquired MGM, retained all MGM film and television copyrights, filled these contents into the film library of Turner TV network, and then transferred MGM Sold.
Capital operations are very smooth.
Later, Warner Group and Turner Group merged, and this part of the copyright became Warner's asset.
Still, it wasn't too bad for MGM.
After MGM was sold by Turner, because it had no film library, in order to supplement the film library, it acquired United Artists Pictures, whose performance was getting worse and worse.United Artists Films is also one of the famous eight traditional Hollywood studios, with a library of more than 4000 films.
More importantly, United Artists Pictures has two very important intangible assets - the copyright of "007" and "Lord of the Rings" series!
These are the two trump cards that MGM relies on most now.
There are several novels in the "Lord of the Rings" series. United Artists Pictures bought the copyrights of "The Lord of the Rings" and "The Hobbit" and all related copyrights at a price of 1 pounds. 7.5% goes to the Tolkien Foundation.
Later, United Artists Pictures sold the film production rights to the producer Sal, and retained the film distribution rights and TV series production and distribution rights.
Saar then sold the first auction rights to produce the film to Harvey Weinstein.
In the 90s, Harvey and Thrall found director Peter Jackson and contacted New Line Films to start the "Lord of the Rings" project. New Line Films is also a subsidiary of Warner...
Therefore, the production rights of the "Lord of the Rings" trilogy fell into the hands of Warner.
At that time, MGM was very weak, had little right to speak, and had no money to participate in investment, so it could only give up the distribution right, which was transformed into a 6% profit dividend.
Depend on!
What a shame!
Hollywood is different from China. There is only one way to make money in domestic movies, and that is theatrical release.Hollywood movies have many ways to make money, and they are distributed globally, so the workload is huge and complicated, so distribution rights are very important.
Generally speaking, distribution rights and production rights are equal.
Hollywood's distribution commissions in different channels are usually 15%-50% of the total income.If it is converted into net profit, it is basically 50%, and the producer and distributor are divided in half.
For example, in the theater market, the publisher’s commission is 25%.
The production cost of a movie is 2 million US dollars, which is paid by the producer.The issuer also needs to spend 2 million U.S. dollars for matching investment, and the expenses include remuneration, copy printing fees, advertising fees, shipping fees, insurance fees, and taxes, the largest of which is advertising fees, that is, publicity fees.
After the movie is released, the distributor gets 25% of the total box office, the theater side gets 50% of the total box office, and the remaining 25% is distributed to the producer.
The revenue ratio of the issuer and the producer is 1:1.
Very equal.
This is the traditional model of Hollywood, and the specific implementation process will vary in details according to the investment ratio of all parties.
In the cooperation of the "Lord of the Rings" trilogy, MGM suffered a big loss!
Because MGM had no money to invest in that year, Warner paid for the production, publicity, copying, insurance and many other expenses of "Lord of the Rings", which caused MGM's dividend ratio to shrink from the theoretical 50% to 6%.
Not as much as the Tolkien Foundation!
Zhou Buqi could see what Kevin Tsujihara was thinking, and asked again: "Are you speaking for your old club?"
Kevin Tsujihara hesitated before admitting, "Warner really wants to start the "Hobbit" series, and many of them are my colleagues and friends for many years."
Zhou Buqi said with a smile: "Understood, it should be. Hollywood is a society of personal relationships. Maintaining good personal connections in the past will be helpful for future work."
Kevin Tsujihara breathed a sigh of relief and was very happy, "Yes! Moreover, I firmly believe that the "Hobbit" series will greatly promote Ziwei Star Global's home entertainment business."
Zhou Buqi said: "I still say the same thing, shoot the "Hobbit" series of movies, I agree. However, MGM wants to get back what has been lost!"
"What about it?"
"In the cooperation of "The Lord of the Rings", MGM gave up the distribution rights and only received 6% of the profit dividend as a production partner. This model can be emulated."
"Huh?" Kevin Tsujihara was shocked, "MGM didn't pay for it back then!"
Zhou Buqi said: "Economic crisis, I know that Warner's cash flow is also very tight. If "The Hobbit" is to be made into a movie, Warner does not need to invest a penny. Give up the production rights and take 6% of the profit for nothing Dividend."
"This is impossible."
Kevin Tsujihara gave the result immediately.
How can a mere 6% profit dividend satisfy Warner's appetite?Under the economic crisis, Warner's plan is to earn $10 billion through the "Hobbit" trilogy!
This dividend ratio, isn't it to send off beggars?
Zhou Buqi said: "I think this kind of cooperation is reasonable. The profits that MGM lost on "The Lord of the Rings" must be recovered through "The Hobbit."
"Ugh!"
Kevin Tsujihara sighed heavily, the big boss has no sincerity to cooperate!
It looks like this project is going to be yellow!
Zhou Buqi smiled and said: "It's okay, we can talk slowly. MGM's accounts are still frozen, so don't worry."
……
Ann Sarnoff is different from Kevin Tsujihara. She worked as a TV station at Viacom, as president of operations at the WNBA, and managed data operations at Dow Jones.She has an extraordinary resume, is well-informed, and is a strong woman who understands media, sports, and technology.
Kevin Tsujihara is a conservative Hollywood executive.
Ann Sanov is different, she immediately recognized the direction, "Zhou, is the development direction of Ziwei Star Global, the Internet? Through the data analysis of the Internet, to re-deconstruct Hollywood's entertainment business?"
Zhou Buqi smiled, "This is the future of Hollywood, and it is the only correct direction."
"Your charm comes from your confidence."
"Thank you."
"You don't even want to make a 'The Hobbit' movie, do you?"
"Oh? How did you see it?"
Zhou Buqi looked like a smile but not a smile.
Ann Sarnoff rolled her eyes, "A woman's sixth sense."
She is almost fifty years old this year, but she is well maintained. It can be seen that she was a very beautiful blonde beauty back then.Moreover, he is a top student who graduated from Harvard Business School.
Zhou Buqi sent out an invitation, "Let me treat you to a cup of afternoon tea, let's talk."
"It's an honour."
Ann Sarnoff has experience.
When dealing with a boss, the most important thing is to ignore objective factors such as race, skin color, age, education, status, nationality, marital status, educational background, etc., and just grasp one thing—treat the other party as a man.
This is the key to her success in the workplace over the years.
At the Peninsula Hotel in Beverly Hills, the two were drinking an orthodox British afternoon tea and chatting alone.Unlike Kevin Tsujihara, Ann Sarnoff is an assistant to the chairman and a confidant who can speak the truth frankly.
Zhou Buqi said: "It's too bad to make a movie!"
"deficit?"
"I have seen the profit distribution ratio of "The Lord of the Rings", 7.5% to the Tolkien Foundation, 6% to MGM, 5% to the producer Sal, 5% to the producer Ha Wei. In addition, there are executive production team, director team and actors. Calculated, Warner will take out 25% of the profit and share it out. Due to historical reasons, the copyright relationship is too messy, and everyone wants to come in and get a share. By the way , you may not know that Warner's production rights have expired."
"What do you mean?"
"The production rights are in the hands of Thrall, and Warner's production rights are leased from Thrall, which expired last year. If "The Hobbit" is to be filmed, Thrall and Harvey Weinstein estimate that the dividend ratio will increase again .This is too bad."
As an Internet person, Zhou Buqi dislikes middlemen and dislikes such copyright brokers.
The "Hobbit" trilogy, including production fees, publicity fees, copying fees, insurance fees, shipping fees, taxes, etc., must have a total investment of more than 10 billion US dollars.
However, Saar and Harvey, the two copyright middlemen, don't pay a penny, and then they can share more than 10% of the profits.
Depend on!
Why?
Hollywood has always been mercenary, as long as it can make money.Professional managers are just old fritters with their edges and corners smoothed.But Zhou Buqi can't do it, he is the boss, not a manager, and the boss has the dignity and pursuit of the boss.
Ann Sarnoff asked: "Then what to do? Do you really want a TV series?"
"I think it's okay." Zhou Buqi nodded, "The TV series copyrights of "The Lord of the Rings" and "The Hobbit" are in the hands of MGM, and they are very complete. The money earned will not only be distributed to Thor 7.5% of the Gold Foundation, and the rest belongs to MGM."
"This..." Ann Sarnoff took a deep look at him, "Zhou, I'll just say it straight, from my point of view, even if it is made into a movie, people will share a large percentage of the profits and dividends, and the rest The income can also far exceed that of TV series. Based on the global box office of the "Lord of the Rings" trilogy of 30 billion US dollars, the distribution of theaters alone will have 15 billion US dollars. How to bridge the gap of 15 billion US dollars when it is made into a TV series ?”
The corner of Zhou Buqi's mouth curled up, and he said lightly, "15 billion US dollars, is it a lot?"
"Not much?"
An Sanov was stunned, feeling like he had encountered a monster.
Zhou Buqi said flatly: "In the capital market, it's not worth mentioning."
"Capital market?" Ann Sarnoff was stunned for a moment. Her last job was at Dow Jones on Wall Street. She immediately realized it and exclaimed, "Making a fuss about the stock market?"
(End of this chapter)
"your things?"
Kevin Tsujihara was stunned for a moment, not quite understanding.
Zhou Buqi said as a matter of course: "MGM is mine. What MGM loses is of course what I lose. I have already promised Bob that I will make MGM shine again!"
"Bob?"
"Bob Friedman, formerly the chairman and CEO of Summit Entertainment. Now this company has been acquired by me, and his team will be in charge of MGM."
Kevin Tsujihara nodded and sighed, "MGM's history is too complicated, many things have passed for decades."
Zhou Buqi waved his hand, and said lightly: "Yes, history. In 1986, all MGM film copyrights were taken away by Warner. But you are right, these things are too long ago. I am only talking about "Magic" Ring and The Hobbit.”
Back then, MGM experienced ups and downs.
In 86, the famous cable TV network Turner Media Group acquired MGM, retained all MGM film and television copyrights, filled these contents into the film library of Turner TV network, and then transferred MGM Sold.
Capital operations are very smooth.
Later, Warner Group and Turner Group merged, and this part of the copyright became Warner's asset.
Still, it wasn't too bad for MGM.
After MGM was sold by Turner, because it had no film library, in order to supplement the film library, it acquired United Artists Pictures, whose performance was getting worse and worse.United Artists Films is also one of the famous eight traditional Hollywood studios, with a library of more than 4000 films.
More importantly, United Artists Pictures has two very important intangible assets - the copyright of "007" and "Lord of the Rings" series!
These are the two trump cards that MGM relies on most now.
There are several novels in the "Lord of the Rings" series. United Artists Pictures bought the copyrights of "The Lord of the Rings" and "The Hobbit" and all related copyrights at a price of 1 pounds. 7.5% goes to the Tolkien Foundation.
Later, United Artists Pictures sold the film production rights to the producer Sal, and retained the film distribution rights and TV series production and distribution rights.
Saar then sold the first auction rights to produce the film to Harvey Weinstein.
In the 90s, Harvey and Thrall found director Peter Jackson and contacted New Line Films to start the "Lord of the Rings" project. New Line Films is also a subsidiary of Warner...
Therefore, the production rights of the "Lord of the Rings" trilogy fell into the hands of Warner.
At that time, MGM was very weak, had little right to speak, and had no money to participate in investment, so it could only give up the distribution right, which was transformed into a 6% profit dividend.
Depend on!
What a shame!
Hollywood is different from China. There is only one way to make money in domestic movies, and that is theatrical release.Hollywood movies have many ways to make money, and they are distributed globally, so the workload is huge and complicated, so distribution rights are very important.
Generally speaking, distribution rights and production rights are equal.
Hollywood's distribution commissions in different channels are usually 15%-50% of the total income.If it is converted into net profit, it is basically 50%, and the producer and distributor are divided in half.
For example, in the theater market, the publisher’s commission is 25%.
The production cost of a movie is 2 million US dollars, which is paid by the producer.The issuer also needs to spend 2 million U.S. dollars for matching investment, and the expenses include remuneration, copy printing fees, advertising fees, shipping fees, insurance fees, and taxes, the largest of which is advertising fees, that is, publicity fees.
After the movie is released, the distributor gets 25% of the total box office, the theater side gets 50% of the total box office, and the remaining 25% is distributed to the producer.
The revenue ratio of the issuer and the producer is 1:1.
Very equal.
This is the traditional model of Hollywood, and the specific implementation process will vary in details according to the investment ratio of all parties.
In the cooperation of the "Lord of the Rings" trilogy, MGM suffered a big loss!
Because MGM had no money to invest in that year, Warner paid for the production, publicity, copying, insurance and many other expenses of "Lord of the Rings", which caused MGM's dividend ratio to shrink from the theoretical 50% to 6%.
Not as much as the Tolkien Foundation!
Zhou Buqi could see what Kevin Tsujihara was thinking, and asked again: "Are you speaking for your old club?"
Kevin Tsujihara hesitated before admitting, "Warner really wants to start the "Hobbit" series, and many of them are my colleagues and friends for many years."
Zhou Buqi said with a smile: "Understood, it should be. Hollywood is a society of personal relationships. Maintaining good personal connections in the past will be helpful for future work."
Kevin Tsujihara breathed a sigh of relief and was very happy, "Yes! Moreover, I firmly believe that the "Hobbit" series will greatly promote Ziwei Star Global's home entertainment business."
Zhou Buqi said: "I still say the same thing, shoot the "Hobbit" series of movies, I agree. However, MGM wants to get back what has been lost!"
"What about it?"
"In the cooperation of "The Lord of the Rings", MGM gave up the distribution rights and only received 6% of the profit dividend as a production partner. This model can be emulated."
"Huh?" Kevin Tsujihara was shocked, "MGM didn't pay for it back then!"
Zhou Buqi said: "Economic crisis, I know that Warner's cash flow is also very tight. If "The Hobbit" is to be made into a movie, Warner does not need to invest a penny. Give up the production rights and take 6% of the profit for nothing Dividend."
"This is impossible."
Kevin Tsujihara gave the result immediately.
How can a mere 6% profit dividend satisfy Warner's appetite?Under the economic crisis, Warner's plan is to earn $10 billion through the "Hobbit" trilogy!
This dividend ratio, isn't it to send off beggars?
Zhou Buqi said: "I think this kind of cooperation is reasonable. The profits that MGM lost on "The Lord of the Rings" must be recovered through "The Hobbit."
"Ugh!"
Kevin Tsujihara sighed heavily, the big boss has no sincerity to cooperate!
It looks like this project is going to be yellow!
Zhou Buqi smiled and said: "It's okay, we can talk slowly. MGM's accounts are still frozen, so don't worry."
……
Ann Sarnoff is different from Kevin Tsujihara. She worked as a TV station at Viacom, as president of operations at the WNBA, and managed data operations at Dow Jones.She has an extraordinary resume, is well-informed, and is a strong woman who understands media, sports, and technology.
Kevin Tsujihara is a conservative Hollywood executive.
Ann Sanov is different, she immediately recognized the direction, "Zhou, is the development direction of Ziwei Star Global, the Internet? Through the data analysis of the Internet, to re-deconstruct Hollywood's entertainment business?"
Zhou Buqi smiled, "This is the future of Hollywood, and it is the only correct direction."
"Your charm comes from your confidence."
"Thank you."
"You don't even want to make a 'The Hobbit' movie, do you?"
"Oh? How did you see it?"
Zhou Buqi looked like a smile but not a smile.
Ann Sarnoff rolled her eyes, "A woman's sixth sense."
She is almost fifty years old this year, but she is well maintained. It can be seen that she was a very beautiful blonde beauty back then.Moreover, he is a top student who graduated from Harvard Business School.
Zhou Buqi sent out an invitation, "Let me treat you to a cup of afternoon tea, let's talk."
"It's an honour."
Ann Sarnoff has experience.
When dealing with a boss, the most important thing is to ignore objective factors such as race, skin color, age, education, status, nationality, marital status, educational background, etc., and just grasp one thing—treat the other party as a man.
This is the key to her success in the workplace over the years.
At the Peninsula Hotel in Beverly Hills, the two were drinking an orthodox British afternoon tea and chatting alone.Unlike Kevin Tsujihara, Ann Sarnoff is an assistant to the chairman and a confidant who can speak the truth frankly.
Zhou Buqi said: "It's too bad to make a movie!"
"deficit?"
"I have seen the profit distribution ratio of "The Lord of the Rings", 7.5% to the Tolkien Foundation, 6% to MGM, 5% to the producer Sal, 5% to the producer Ha Wei. In addition, there are executive production team, director team and actors. Calculated, Warner will take out 25% of the profit and share it out. Due to historical reasons, the copyright relationship is too messy, and everyone wants to come in and get a share. By the way , you may not know that Warner's production rights have expired."
"What do you mean?"
"The production rights are in the hands of Thrall, and Warner's production rights are leased from Thrall, which expired last year. If "The Hobbit" is to be filmed, Thrall and Harvey Weinstein estimate that the dividend ratio will increase again .This is too bad."
As an Internet person, Zhou Buqi dislikes middlemen and dislikes such copyright brokers.
The "Hobbit" trilogy, including production fees, publicity fees, copying fees, insurance fees, shipping fees, taxes, etc., must have a total investment of more than 10 billion US dollars.
However, Saar and Harvey, the two copyright middlemen, don't pay a penny, and then they can share more than 10% of the profits.
Depend on!
Why?
Hollywood has always been mercenary, as long as it can make money.Professional managers are just old fritters with their edges and corners smoothed.But Zhou Buqi can't do it, he is the boss, not a manager, and the boss has the dignity and pursuit of the boss.
Ann Sarnoff asked: "Then what to do? Do you really want a TV series?"
"I think it's okay." Zhou Buqi nodded, "The TV series copyrights of "The Lord of the Rings" and "The Hobbit" are in the hands of MGM, and they are very complete. The money earned will not only be distributed to Thor 7.5% of the Gold Foundation, and the rest belongs to MGM."
"This..." Ann Sarnoff took a deep look at him, "Zhou, I'll just say it straight, from my point of view, even if it is made into a movie, people will share a large percentage of the profits and dividends, and the rest The income can also far exceed that of TV series. Based on the global box office of the "Lord of the Rings" trilogy of 30 billion US dollars, the distribution of theaters alone will have 15 billion US dollars. How to bridge the gap of 15 billion US dollars when it is made into a TV series ?”
The corner of Zhou Buqi's mouth curled up, and he said lightly, "15 billion US dollars, is it a lot?"
"Not much?"
An Sanov was stunned, feeling like he had encountered a monster.
Zhou Buqi said flatly: "In the capital market, it's not worth mentioning."
"Capital market?" Ann Sarnoff was stunned for a moment. Her last job was at Dow Jones on Wall Street. She immediately realized it and exclaimed, "Making a fuss about the stock market?"
(End of this chapter)
You'll Also Like
-
I was assassinated by the reborn at the beginning, and I became a god on the spot
Chapter 483 8 hours ago -
The End of the World: I Have a House of Beautiful Tenants
Chapter 253 8 hours ago -
Naruto: I am invincible after simplifying the basic training
Chapter 152 8 hours ago -
After being favored by the vampire school beauty, I was numb
Chapter 704 8 hours ago -
After rebirth, the young lady chased me and begged for forgiveness
Chapter 188 8 hours ago -
What’s the matter? Can’t a love rival become your wife?
Chapter 323 1 days ago -
Yu-Gi-Oh, but I'm the only one playing with the Pendulum?
Chapter 48 1 days ago -
Villain: The Forbidden Zone Emperor's Son! Sleeping for Ten Thousand Years to Break the Divine
Chapter 60 1 days ago -
Honkai Impact 3: Yulandel's Beloved Brother
Chapter 224 1 days ago -
Naruto: I am in Uchiha, I can extract entries
Chapter 151 1 days ago