219 I will pay!
On the computer screen, a young man dressed in Elvis is imitating the classic hip twisting dance, while the diners and waiters at Pizza Hut restaurant turn a blind eye to the scene.
Bai Quinn pressed the space to pause the noisy music, and James Franco's face was frozen on a twisted expression.
The atmosphere in the room suddenly became quiet, and Bai Quinn did not speak, and others were not sure what he thought of the producer assistant's obvious behavior, so it was inconvenient to speak.
At this time, Bai Quinn missed Said a little. The two had been together for many years, and as long as he had a little hint, he would know what he was thinking.
If he were there, there wouldn't be such an embarrassing situation.
Unfortunately, Sayed was busy with the "Plan A" matter and had no time to take care of him.
Finally, Bai Quinn said: "I think it's okay, otherwise, pick two more from the actors who participated in the previous round of auditions. Let's have another round of auditions the day after tomorrow."
Fearing that there were not enough hints, Bai Quinn added: "Look at whether there are any suitable actors who have worked with us in Wademark Image before... Actors who have collaborated can also save some time to get in..."
At this time, the door of the room was pushed open, and the Latino secretary of Chris walked in and asked, "Sir Vice President, have your audition completed? President Chris is back and wants to invite you to the office..."
Bai Quinn was quite surprised. Didn’t Chris go to Europe for a honeymoon!
Come back a week earlier than originally planned!
"Then let it go! Let's break up!"
After saying that, Bai Quinn got up and left the room.
Bai Quinn walked into the elevator silently. As soon as he turned around, he whispered: "Lena..."
Lina, who was following closely behind, immediately understood it, stretched out her palm to block Chris's secretary who wanted to squeeze into the elevator, who retreated tactfully.
When the elevator door was closed, Bai Quinn ordered: "Two things to help me find out, one is why Paul Walker didn't enter the final round, the other is, what is the situation with that production assistant named Patty, and what is the problem between her and Casey..."
"Okay, ss!" Lina nodded and agreed.
Two minutes later, Bai Quinn entered Chris' office.
"Hey, my cousin. What happened? Let you put down your rare honeymoon holiday and run back to work?"
Chris's eyebrows and eyes were filled with anxiety. When he saw Bai Quinn, he immediately stood up and rushed to the door. He looked around and confirmed that there was no one outside the door. He closed the door and stood on tiptoe, his mouth almost pressed against Bai Quinn's shoulders, and whispered: "Terry Semer and Robert Daly are about to leave!"
"Is the news sure?" Bai Quinn was also very surprised. These two people were the most important backers of Wademark's image in Warner Bros.
The "fusion distribution model" that the two fully promotes is the cornerstone of the small studios such as Wademark Image, Regent Pictures, Castle Stone Pictures, and even the reborn New Line Pictures, which can jointly release movies with Warner Bros. and grow together.
The so-called "integrated distribution model" is ultimately about small studios producing excellent projects and creativity, Warner Bros. makes money.
Similar to music labels, in most cases, the Warner Brothers requires holdings for cooperative studios.
The Wademark image was too small at the beginning. Terry Semer did not make any request for investment in the face of the Italian gang. He signed a three-year issuance contract and planned to use funds to control it by dealing with other small studios.
Later, Wademark Image developed rapidly, had strong financing capabilities, and Miramax, a "spare tire", and really began to establish its own distribution channels. Seeing that the previous tricks could not block Wademark Image, Warner Bros. did not do anything at all, and took the initiative to switch cooperation to international issuance.
On the surface, a small production company has expanded and disorganized and grown into a small giant, which has happened many times in Hollywood's history.
But secretly, Terry Semer and Robert Daly got a lot of benefits.
Chris has always been responsible for this public relations and transactions, and Bai Quinn only knows the results and doesn't know much about the insider trading process.
Chris said helplessly: "It has been confirmed that their resignation will be announced at the latest at the beginning of next year, and our issuance contract will not be renewed until October next year. This time difference is very difficult to handle..."
Obviously, if Terry Semer and Robert Daly remain in charge of Warner Bros., then Wademark's contract renewal will be very smooth, and even if someone raises objections, they will be suppressed.
Once they leave, the renewal of the contract with Wademark image will become a means for the new ruler to establish his authority. At that time, if the two brothers are not skinned by Warner Brothers, they will not be able to renew the contract.
If the contract is not renewed, it means that the Wademark image will lose its ability to issue internationally.
Moreover, if Wademark Image and Warner Bros. break up, it will be difficult to win the favor of another "big six". They will definitely put forward equity and copyright requirements, hoping to take the opportunity to include this emerging small giant in their system, and no longer just satisfy a mutually beneficial issuance contract.
And Bai Quinn had other concerns.
His sports and entertainment group has not yet reached the time to be independent. Once he breaks up with Warner Bros., will the tacit understanding between him and some Time Warner executives, such as Richard Parsons and Lewis, be affected?
Can the Sports Entertainment Group be successfully established?
Will Time Warner use this as a threat to force Wademark to submit?
Although one is an old subsidiary and the other is a son, the interests of both parties are still common.
After calming down for a moment, Bai Quinn asked, "Since they are leaving, who will be the successor? Will Berman of Plan B?"
If they were the old subordinates of the two or stakeholders, the impact might not be too great, such as Terry Semer's loyal dog-legged son Berman.
Chris blurted out, "Berman has no hope, he may leave too! Warner's major shareholder is dissatisfied with Terry Semer's stock option reward of up to 70 million, not to mention that his performance is not outstanding, so the successor must not be his direct line."
Terry worked for Warner Bros. for 24 years, serving as chairman and co-CEO. Although his salary was only a symbolic dollar, he received $70 million worth of stock options last year, and it still seems like this year.
Chris continued: "There are not many people in Warner Brothers who know about this. I have a spy around Terry, so I can know in advance. Now we should prepare early and get a complete solution."
Bai Quinn became even more irritable.
Wademark's internal affairs were all over the place, and his subordinates were no longer as instructed as they were when they were dozens of people. His subordinates had more power, more resources, and more careful thoughts.
The internal needs to be sorted out, and there is another crisis of cooperation outside.
To be honest, Wademark's reflection is the company he devotes the most energy, but it is also the least useful part of speaking.
A thought suddenly emerged: one force reduces ten times, and if I can't solve it, I will smash it over!
"There is no way..."
Bai Quinn sat on the sofa and said quietly.
Chris was overjoyed and asked, "Do you mean to start with the parent company? You are familiar with Time Warner president Richard Parsons, so go his line..."
Bai Quinn shook his head, "No, my brother, it's useless to find him. He won't directly interfere in the specific business of the subsidiary, and no one will do it. Even Chairman Gerald Levine will be worried that shareholders will be accused of indemnifying shareholders' interests."
"What do you mean?"
"At worst, we won't cooperate anymore, we will carry out international distribution ourselves!"
Chris was a little confused. Is it possible to build an international distribution on its own?
How much money does this require!
Talents who are familiar with the markets and relevant laws of various countries are also required to enter the issuance market in some countries where theaters are monopolized, and even need to join shares with local theaters to enter the issuance market.
This is different from the distribution environment in the United States.
In the United States, Wademark Image can attract people as long as you spend money, and it is easy to do things if you have someone. The theater chain is there. Everyone is very familiar with the industry's open regulations and secret rules. The means to break the deadlock are nothing more than the amount of profits given by theater chains and the number of rebates from theater managers.
On the last trip to Hong Kong Island and China, Bai Quinn had the idea of building an international distribution on her own and asked someone to investigate the situation in various countries, which is now just in handy.
"Build yourself, at worst we can buy it. We don't have to cover everything at the beginning. As long as we can cover several major markets, the United Kingdom, France, Germany, Japan, Australia, these countries can find local publishers to jointly invest.
In markets such as Mexico, Brazil, Russia, etc., we can sell videos to local film manufacturers. Anyway, it is a hard-hit area for piracy. If you can make a little profit, you can make a little profit.
I am very optimistic about the Chinese market and recommend looking for local theaters to join the theaters first. Hollywood movies are very popular in China. This year, the top five movies in China's box office are produced in Hollywood. In addition to the big ship, the box office of "Save Private Ryan" has also exceeded 10 million yuan, which is the RMB of China, and it is more than 10 million yuan in US dollars!
According to the local accounting model, we can get a quarter of the box office of 10 million US dollars. There doesn’t seem to be many movies per movie, and there are only ten places per year.
Therefore, the six major players lack interest in entering the Chinese market.
But in fact, this is our opportunity!
What I saw in China this time is that they are actively reforming and hope to learn from our Hollywood experience through cooperation and promote their own film industry.
Remember the word “reform”, it represents opportunity!
If we take the lead and actively propose to jointly build theaters with Chinese enterprises, once we are allowed, we will be able to participate in it in depth. Perhaps our films will not be restricted by the ten films introduced every year.
Perhaps in the future, if other companies want to enter China, they must go through our distribution channels, which should be a yearly amount of US$10,000!"
The scenes depicted by Bai Quinn look very attractive. Several movies imaged by Wademark have good international box offices. So far, "Rush Hour" has accumulated hundreds of millions of international box offices, and "I'm crazy for Mary" has also reached 70 million to 80 million. The earlier "Walker" even reached 120 million US dollars.
The big heads here were taken away by Warner Bros. The Wademark image only earned more than ten percent of the profits.
"Wait! There's a big loophole!" Chris suddenly said, "You didn't consider the international distribution of family media!"
The so-called home media refers to the sales of emerging DVDs, traditional video tapes, VCDs and other media, as well as the sales of television broadcast copyrights.
"Haha, I haven't forgotten, my brother!" Bai Quinn smiled, "I don't recommend establishing a home media distribution channel. This business is both cumbersome and consumes a lot of manpower. The most important thing is to deal with pirated merchants. Unless we spend money directly on Polygon like Seagram, it will not be established without five years.
So my opinion is to fully authorize this business to outsource it, rest assured that as long as you make appropriate concessions, Sony, Universal, Warner and others are all scrambling to do our business."
"Why don't we make this money ourselves?"
Chris thought that in recent years, the total revenue of movies that Wademark imaged have reached more than 30 million US dollars in international distribution of home media has reached more than 30 million US dollars. In reverse, this area is a "big business" of more than 300 million US dollars!
Bai Quinn explained: "The number of films we have is still too small. We produce up to seven, eight movies, three or five movies every year, and only ten movies are sold in total. The real core of the film is only three or four movies, which cannot support the entire channel, and the cost is bound to be extremely high.
The most important thing is that I think the traditional home media distribution channel will inevitably be defeated by online videos, and the Internet speed will get faster and faster. In the end, it is so fast that you don’t need to own a DVD player, nor do you need to buy or rent a CD. Just open the web page and you can see the video immediately..."
"Then you are also working on online DVD rental LI.com..." Chris was puzzled.
Bai Quinn smiled and said, "I am seizing the market in advance to attract customers. In the future, consumers want to watch movies and TV series at home, so they think of going to LI.com. Whether they are renting DVDs or watching them online, they are all making money..."
Chris was still a little skeptical, but Bai Quinn could only say so much. It is indeed difficult to convince people that all the inferences are based on his expectations for the future. But if he directly said that he had seen such scenes in his memory fragments and movies from the future, Chris would probably have to hire a psychiatrist for him.
At this time, the commercial fiber network used by the Wademark image is only 1-2M/s bandwidth, and the monthly bandwidth of the US$20 Internet access package used by most American families is only 56-100+kb/s. How can we imagine what the 100M/s network world looks like?
Even though Chris was not convinced, Bai Quinn's words were correct, "The cost of international distribution of family media is too high!"
This money should be earned by those with strength, as long as you can get the share conditions that Warner Bros. gives you now.
Chris said: "So, the most critical question is here! We don't have the money to build our own international distribution channels!"
"No, I have money! I can use Flash's equity as collateral. If it really doesn't work, I'll have it if I sell some!"
Bai Kui seemed very calm when he was because of this. He sat on the sofa with his legs raised, his hands crossed on his legs, looking like a big shot.
"Do you know how much it will take to build the lame international distribution channel you're talking about?" Chris's expression was also very serious.
Without family media, it is indeed a lame existence.
"In two years, starting with 500 million US dollars, I found someone to calculate that if we maintain our current production capabilities, we can start to make profits in two years.
If some useless markets are given up, 300 million can be completed, of which 200 million US dollars will be used to establish the issuance market in China."
"You're going to pay out these 300 million? Wouldn't you want to increase your capital and expand your shares..."
Chris had already noticed Bai Quinn's small plot hidden behind this big plan.
Bai Quinn still had a harmless smile and said, "Don't worry, you are still the president of Wademark's image. My brother, I can't care about so many things..."
Chris fell into silence and said after a long time: "I have to ask Uncle Tony about this!"
Chapter completed!