Chapter 162: miss
After carefully reading the information of the two companies, Eric discovered that perhaps because it was established more than ten years ago, the strength of the new line is far stronger than that of Miramax. The simplest evidence is In terms of distribution capabilities, the new line of second-line movie companies has been able to spread nearly 1,500 screens for a movie, but Miramax is still in the midst of a small fight, and can only raise up for his own movies. Four or five hundred screens. Moreover, when the new line was founded in Miramax, it had already started the production of the independent production. Now it also has a very profitable series of "Ghost Street" copyright, but Miramax is still in the world to buy a film. Stage.
Seeing this, Eric couldn't help but patted the table gently, and suddenly remembered that he missed one thing, that is, about Steven Soderberg's "Sex, Lies, Videotapes", With this film, De Berger became the youngest Golden Palm 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 the "Dark War" during that time, I forgot it.
If the history does not shift, the film must have been won by the Weinstein brothers. In memory, Miramax relied on the film "Sex, Lies, and Videotapes" to make a comeback. After making a small profit, he had enough capital to enter the field of independent production, and slowly explored a set of his own. The road to survival began to flourish.
Now in late July, Eric only knows that "Sex, Lies, and Videotapes" won the Golden Palm at the Cannes Film Festival in May, but has not found the film in North America in newspapers and magazines.
If the distribution rights of this film are really picked up by Miramax, then if you want to acquire Miramax, it is best to reach an agreement before the film is released. Otherwise, once sex, lies, videotape Good box office results, even if the Weinstein brothers still agree to be acquired, Eric will definitely have to pay more. The rule in the circle is like this, a movie can make a company's market value increase, just like the previous Pixar, originally a 50 million US dollars animated film company, because of the success of "Toy Story", the market value turned over in a short time. 20 times.
In Eric’s vision, it’s best to take both companies together so that commercial films and art films can go hand in hand, with the classic Oscar-winning films memorized in Eric’s mind, even Mila. Max will once again go to the road of art film distribution, and certainly will not earn less 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, not only has a small library, but also a very valuable series of "Ghost Street" copyright, this The series of films has been filmed every year since the beginning of 84 years. As a low-cost horror film, it is almost a part of the department to make money, although the box office will not be too high, but it will last forever.
Although Miramax is still in the third-line position, the market value of the company is estimated to be around 20 million US dollars. Because these years, the Weinstein brothers have been drawn all over the world, and the film has accumulated a lot of movies. Resources, and, Eric also understands that Miramax is not the company's label, not the movies in the film library, but the Weinstein brothers, the former Weinstein brothers gave up the meter in 2005. After Lamax, Milamax was no longer brilliant, and was sold to Disney for a few years.
But now, "Fengyue" is worth more than $100 million, and Eric can borrow again, but wanting to win two companies at the same time is not a simple matter of money, and certainly involves the replacement of equity. He believes that with the savvy of Robert Shea and the Weinstein brothers, even if he once again made up enough funds by means of loans, intending to wholly acquire the other company, these people will not agree, a stick sale There is an advantage in exchange for the equity of a film company with great development potential.
Thinking about these things with a slight brow, Jeffrey knocked on the door and walked in.
"The news came from Venice. "The Sound of the Isles" successfully entered the main competition unit. Also, Jonathan Demi made a revision to the film according to your opinion. Eric, would you like to see it again? ”
"Well, I went to the screening room," Eric nodded, temporarily letting go of the idea of acquiring the two companies, and got up and followed Jeffrey out of the office.
“Just thinking, what is it?” Jeffrey and Eric walked side by side, asking casually.
"New line and Milamax's information, you know." Eric replied: "I want to eat both companies at the same time, but I don't want to pay too much equity."
Jeffrey is somewhat silent. Once the company expands, Jeffrey understands that his talents are not enough to support the entire company's operations. After all, he only needs to be responsible for several films produced and invested by Eric. Even the issue of the issue does not have to worry about, and after the acquisition of the new company, the fireflies must begin to get involved in the release, and Jeffrey did not have this ability before, and certainly must give up the position of the CEO.
However, just after a brief entanglement, Jeffrey will soon be relieved. As long as the fireflies are still fireflies, what he once thought was not to run the fireflies into a large film company. Now he has this momentum and wants him to give up. When I got the position, there was nothing. Since the bankruptcy of the original fireflies that his wife left behind because of his own personal filming, Jeffrey became very self-aware, just as he occasionally complained about Eric’s film production. Little opinion, but never intervene in the production of the film because he knows he has no strength in this area.
After thinking about this, Jeffrey patted Eric's shoulder: "If you can't, you will come slowly. I have also read the information of these two companies. To be honest, I prefer the new line, even if I replace some shares. It’s also worth it. And Milamax’s size is too small, and I don’t see how you look at this company.”
Eric smiled: "You will understand in the future."
The two said, together into the firefly's screening room, Jonathan Demi estimated that staying up late, so there is a faint dark circle, his attention to the film can also be seen.