Time flies in a flash.

In an instant, it was May 3, 1998.

Jinshuguang Entertainment Group.

As the chief assistant to the group chairman Zhuke, Alexander is currently performing his duties and wants Zhuke to report the situation of each subsidiary in the last quarter in detail.

"The boss, first of all, is Wald Pictures."

"Starting from January and as of the end of April, Wald Pictures has released a total of 3 movies."

"One of them is "The Deadly Bend 2" released on April 10. It has now achieved a box office of 61 million US dollars in North America, and has been released overseas for a week, earning $49 million US dollars in box office."

"The other two movies are the company's copyright department. The films purchased from the Berlin Film Festival cost copyright fees, promotional fees, copying and other fees, totaling US$3.5 million. Since its cumulative release, they have achieved box office results of US$2 million and US$4.1 million respectively, with an overall loss of US$970,000."

Alexander reported on his revenue situation in a straightforward manner.

Loss of $970,000?

Zhuke frowned and said, "I remember that last year, we found that there were as many as 9 movies we bought overseas and released works by small Hollywood film companies. The first half of this year was almost over. In addition to the movies we made, how did we release two movies?"

Alexander wanted to speak but stopped.

"snort!"

Zhuke snorted coldly: "I understand. They are afraid of serious performance losses, which will reduce their assessment scores and affect the option rewards for the coming year, right?"

Alexander nodded helplessly.

In the Hollywood field, purely film-making can never be as good as a distribution!

Because film production companies are not sure that they will win market recognition after investing money to complete the film production. In Hollywood, there are many companies that fail to make the company bankrupt every year. Even if you succeed in one film, you cannot guarantee that every film will succeed in the future;

However, the companies that publish movies are different.

Basically, it can be described as "drought and flood guaranteed income", but it is just a matter of how much you make.

But.......

The issuing industry that guarantees income from drought and flood refers to the six major Hollywood existences!

In Hollywood, small movie distribution companies still need to walk on thin ice, fearing that the investment will be incurred because the movie box office fails and cannot recover the cost.

If you do it well, it’s like Yijiang Entertainment Company!

It won a three-no movie like "The Witch Blair" with a production cost of only $60,000, at a price of just a few hundred thousand dollars. However, it was full of courage and boldly invested tens of millions or tens of millions of dollars to carry out "deceptive" and "viral" marketing promotion.

Profitable in one fell swoop!

It has created an impressive box office record of US$140 million in North America and US$248 million worldwide.

I have to say that Yijiang Entertainment Company has made a lot of money!

However......

In fact, most medium and small film companies dare not play so big!

Because they invested tens of millions of dollars, they basically caused huge losses without any suspense!

Wald Pictures' distribution network has completed its North American layout and expanding overseas. This is true, but this does not mean that in the North American distribution market, Wald Pictures can be compared with the six major Hollywood, DreamWorks.

The reality is that the gap is still quite large.

Therefore, most medium and small film production companies and independent film producers still tend to choose the six major Hollywood companies when considering choosing a movie distribution company. Even if they ask for a higher share, the promotion and distribution effect is indeed very effective.

Since the establishment of the Wald Pictures distribution network, it has only released less than three films produced by other local Hollywood films.

There are very few!

Moreover, when publishing these movies, it often fails to generate profits or even losses.

"Alexander, in my name, you call Kevin Feige, vice president of Wald Pictures, and call Wald Pictures' copyright purchasing department to inform them that if they still have this kind of approach to act, then let alone option reward dividends, let alone get out of here as soon as possible!" Zhuke cursed angrily.

"Yes, boss!" Alexander responded quickly.

"I hate those timid people more than arrogant people!"

Zhuke criticized without hesitation.

In the following time, Alexander reported on the issue of UPN TV.

"You mean, Ms. Donna proposes to acquire Warner's WB TV network?" Zucker said in surprise.

"That's right."

Alexander responded: "In the work report submitted by Ms. Donna, it was clearly stated that it would further expand the scale of UPN TV."

Zhuke nodded: "You can find the specific documents later."

“Yes, boss.”

.........

That night.

After the meal, Zucker picked up the work report submitted by Donna and watched it.

In this work report, Donna Langley made an extremely amazing judgment on the future of America's limited television and public television fields.

She said in her copywriting: "In the field of limited television, with the further improvement of the Internet, satellite and electronic communication technology, it will inevitably achieve more amazing development in the future."

“It’s like HBO!”

"HBO, which has a lot of talents and abundant funds, will inevitably become a leader in the cable TV field, and can even compete with TV giants such as ABC, NBC, and CBS in terms of TV series and movies."

"However!"

"In the variety show field, news programs, public TV stations have advantages that cable TV cannot reach, and will still dominate the entire TV field, and their profits will definitely increase gradually."

a long time.

Zhuke sighed: "I have to say that Donna Lang Lei's vision is indeed powerful. No wonder he was able to become the president of Universal Pictures, one of the six largest Hollywood stars in the original time and space."

HBO TV, a limited TV affiliated to Time Warner Group, is also called a "pornographic and violent" TV station because of its huge scale in producing and broadcasting film and television dramas.

After entering the 21st century, he participated in the production and broadcast of fine TV series such as "Brothers", "The Soprano", "Sex and the City", "Six Feet Under", "West World", and "Game of Thrones". In the United States and around the world, there are countless movie-watching groups.

Its annual profit is extremely amazing!

Well, even the six major Hollywood film companies are not as profitable as they are in terms of making and distributing movies.

Let’s watch the public TV station.

As of 2020, there are only five major public television networks left in the United States.

They are ABC (Disney), NBC (Universal), CBS (Colombia), FOX (Fox), and CW (Colombia jointly held).

These five major public TV networks occupy an absolute strong position in the production and broadcasting fields of variety shows, news, finance and other programs, and HBO cannot compare with them. After all, their main business directions are different.

Of course, the profits it generates are much higher than those of HBO.

"Donna proposed to acquire WB Public TV to make UPN TV more powerful and make up for its shortcomings in the public TV field in addition to the cable TV field."

"In fact, once variety shows such as "Go Talent" and "WWE Wrestling" are listed on public TV networks, the profit generated will be much higher than the current UPN TV network's revenue in the limited TV field."

It is worth mentioning that the acquisition target WB TV Network, Donna proposed, was merged with UPN TV Network in the original time and space to form the CW, one of the five major public TVs.

Support the acquisition?

"I can make more money and further expand the group's territory. What reason do I have to object?" Zhu Ke couldn't help but smile.

A few days later.

On May 11, two days before the official opening of the 51st Cannes Film Festival, Zucker and Nolan and his group set off for Cannes.
Chapter completed!