Hollywood New Century

Chapter 206: who messed up hollywood

"Everyone knows that Wall Street and our Hollywood have been married for many years. This year, the capital chain of Wall Street went wrong, which led to problems with the loan funds of our film companies to make movies," said Barry May, CEO of Warner Bros. Entertainment. Ye said, and then looked specifically at Simon Pike and Dick Cook, the representative of the Disney Group,

"Of course, there are also a few companies with their own funds, but according to the current situation, all film companies have to reduce production and postpone some blockbuster release plans to save production costs and delay the funds needed for promotion plans."

The people present are not simple. It is not a secret that Disney and Xinghai Pictures currently like to invest in their own movies, but Disney is a listed group and has the support of shareholders;

Xinghai Pictures relies entirely on Simon Pike, who has grabbed a lot of money on Wall Street, and capital is the biggest right to speak.

"By the way, Simon, you have been on Wall Street for a long time. Do you have anything to say about this situation?" Gia Nopoulos, CEO of Twentieth Century Fox, looked at Simon and asked. After all, the two have cooperated many times.

At this question, everyone in the room looked over involuntarily. After all, this person made a lot of money in the subprime mortgage crisis. You can't say that he doesn't understand finance because he is young.

Simon looked at the group of bigwigs with some urgent eyes, and it seemed that he was going to be an ostrich, but it didn't seem to work.

"My opinion? The U.S. has entered an economic depression again. Judging from past market conditions, at this time, everyone likes to pursue a low-cost entertainment method like movies, which should have little impact on the current movie market. Everyone What I care about is my own source of funds." Simon said slowly.

"Then, do you have any opinions on resolving the current funding sources?" asked another senior who participated in the meeting.

"My opinion?" Simon said and shook his head, "Look at you, many investment funds have suffered losses now, and most investors are much more cautious!"

"In the past, although we Hollywood needed Wall Street's funds, it was true that because our films had a good rate of return and investors did not have a high say in the films they invested in, platter investment did share a lot of risks. However, everyone understands the reason. The choice of film is still in our hands;”

"Actually, in order to tide over the difficulties, Hollywood should also give some more sweetness. Each film company has its own promising series of making money, and they should also join the platter to attract limited investors more easily."

"Furthermore, Hollywood should also strive for some of the government's current bailout fund, and the cultural and entertainment industry is also important!"

"Hey, Simon, we have actually considered your opinion, but the major bank funds on Wall Street have all suspended their investment in entertainment. As for the government's bailout fund, the main target will also be the financial industry!" It was Shi who spoke. Steve Spielberg, although DreamWorks is now committed to Paramount, it is Paramount's strongest round in recent years.

"Overseas capital, the Middle East, India, East Asia, etc.!" Simon said briefly.

Spielberg nodded, DreamWorks itself is committed to Paramount because of lack of stamina, "Transformers", "Shrek", "Kung Fu Panda" and so on are almost all from DreamWorks, compared to Paramount My own movie is a complete mess.

With the results, the DreamWorks system is of course more and more influential in Paramount. The fuse, "The Adventures of Tintin", Spielberg opened a production budget of 130 million US dollars, plus the impact of the writers' strike at the beginning of this year, Paramount did not pass.

Now, the crisis is coming, DreamWorks itself has limited capital, but Paramount is unable to meet their requirements, and now DreamWorks and Paramount have begun to discuss the situation of separation.

****The bank would have provided a large sum of money to help DreamWorks restructure out of Paramount, but it has been put on hold.

At present, DreamWorks has also begun to approach the Indian industrial giant Reliance Group to obtain funds for reconstruction.

"However, there is some impetuous atmosphere in Hollywood now," it was Harvey Weinstein who spoke.

"Hollywood belongs to everyone, and we should unanimously guarantee the overall interests of Hollywood, so that we can take care of our own interests. If the overall interests of Hollywood are damaged, our own interests will also be damaged. Therefore, we should all take care of the reputation of Hollywood, only Only then can we continue to dominate the global film market.”

Harvey Weinstein's words obviously mean something. Recently, the women's rights club in Hollywood has been a little big, and his identity has been seriously affected.

Someone looked at Simon's expression without a trace. The two have been fighting for a long time, but Simon Pike and his Star Sea Entertainment are rising so fast that even Harvey Weinstein needs to use the Hollywood market to win. own position.

"What is impetuous? This summer, the box office of "Raiders of the Lost Ark 4", "The Chronicles of Narnia 2" and "Sex and the City" released in May has surpassed the box office of the same period last year, while "Kung Fu Panda" released in June , "The Incredible Hulk" and "Robot Wall-E" are also not bad at the box office, and "The Dark Knight" will be released next, this year's summer season can be said to be another peak at the box office," Simon smiled, not at all. Angry, is the Hollywood market shrinking now? No, the decrease in the capital of the film company is due to the difficulty of the parent company behind it. Several major public TV stations rely on advertising to make profits. Who are the biggest advertisers are the real estate industry and the automobile manufacturing industry.

"Okay, today is about the current predicament of Hollywood, and the rest, not today's topic," chimed in Brad Gray, chairman of Paramount Pictures, which has been around since CBS Group and Paramount's parent company Viacom. After the group split, it can be said that this year has suffered heavy losses; coupled with the fact that Paramount’s ace film DreamWorks is also breaking up, the entire Paramount system is now in precarious time.

Everything is mainly to attract capital, and of course indifferent to Hollywood's personal grievances.

"I have always regarded myself as a part of Hollywood. It is also my responsibility to expand the territory for Hollywood. The healthy development of Hollywood is also what I hope. In terms of investment, the entire investment in Xinghai Entertainment is mine!" Simon said with some seriousness,

"Everyone knows how much I have invested in Hollywood, and who is messing up Hollywood, everyone should see it clearly!"