?Ronan will not be involved in a huge film project for the time being, but films like "The Deadly Bevel" can still withdraw funds and manpower to operate based on the current situation of Shahai Entertainment.

The first thing is to find a suitable director.

Ronan contacted William Morris, who had worked with several times, and also greeted other brokerage companies in the circle. Now Shahai Entertainment is no longer an unknown small company, and new projects can also attract the attention of these brokerage companies.

Many times, it is not easy to find a suitable director for a low-cost film.

There is always a paradox in this regard. New directors dare not use it casually, and experienced directors pay high fees.

It is impossible to invest millions of dollars in a film, and most of the funds are used to pay the director's pay.

Ronan can only use his memory to find names that can be remembered from the list of directors provided by various agencies, and it must be suitable for the horror movies.

Relativity Entertainment's first year of its establishment has made a considerable income, but some revenue is time to settle with others.

The Abu Dhabi Investment Bureau asked Semir of the Los Angeles Branch as a plenipotentiary to settle the investment revenue of "Ace Agent" with Shahai Entertainment.

"Sir, Minister?" Ronan said to Semir as if he was still an old friend of Abu Dhabi: "It is very regrettable that you cannot go to Abu Dhabi to meet the Minister."

Semir seems to have not given up yet: "We should continue to cooperate."

Ronan immediately said: "Yes, I think we should continue to work together. I have a new movie in my hand..."

If the Abu Dhabi Investment Authority is willing to continue investing in Shahai Entertainment's movies, he raised his hands to express his welcome.

But the words of both sides were obviously not on the same channel. Seimir said: "I'd better talk about this later. I need to ask the Minister."

Ronan asked: "Mr. Minister is busy with work recently?"

Seimir replied: "It's very busy, the minister is in Manchester, England."

In fact, it doesn’t take Semir to say that Ronan also knows what Mansour is busy with. Recently, it has been reported in newspapers and media that Mansour’s Abu Dhabi consortium and Rupert Murdoch’s News Corp. are becoming increasingly fierce for the Premier League Manchester United, and both sides want to become the new owners of this European giant.

Manchester United's largest shareholder is three horse racing tycoons. They actually want to sell their shares very much, but they have been strongly opposed by Manchester United fans. The whole UK is also extremely dissatisfied with the acquisitions of the Arabs and News Corp. The British media and even the entire European media are criticized.

Even some extreme Manchester United fans have set up a new Manchester United club to participate in the England regional league, claiming that they are the representatives of Manchester United's spirit.

In this era, the spirit of iron-blooded football has gradually dissipated, and business is invading every corner of professional football.

The boycott from the UK from the official to the media and then to the fans may eventually lead to the failure of the acquisition, but Ronan is very clear that the Abu Dhabi consortium has achieved its goal, and their names have spread throughout the world with Manchester United.

Unfortunately, Ronan is now willing but not capable, otherwise he could buy a professional team to play.

Not to mention anything else, the publicity effect is very good.

Ronan remembers it very clearly that Rupert Murdoch's acquisition of Manchester United at the turn of the century ended in failure, and Manchester United fell into the hands of the Glazer family a few years later.

I don’t know if the variable of Abu Dhabi Investment Bureau will change if it is too much.

If there are a few more years, Ronan feels that he may have the time and energy to play this game.

Ronan asked tentatively: "Is the Minister's acquisition of Manchester United smooth?"

The media reported it very frequently, and Semir did not need to hide it, saying: "Manchester United fans are too troublesome and too stubborn."

Ronan said: "The British thought they were the empire that the sun never set."

"This is reasonable." Semir always feels weird. Although Ronan's many views and ideas are consistent with them, why can't he cooperate? He couldn't figure it out, but he didn't mention this aspect again and said, "It's nothing more than a matter of money."

Ronan felt that this was not only a matter of money, but it seemed that the longest crown prince in history also served as the chairman of the FA. If the FA intervened, it would be possible to stop the deal.

But he did not remind Semir of the intention that since the two sides could no longer cooperate, it would be good to maintain the current relationship.

"The revenue statistics of "Ace Agents" have been settled." Ronan turned to the topic: "I am very grateful to the investment of the Abu Dhabi Investment Bureau and want to settle with you as soon as possible."

Semir asked, “Did "Ace Agent" fail?”

Ronan certainly wants to admit: "Yes, it was a very painful failure in commercial terms. However, we have basically achieved the goal of getting the film to be released around the world."

It is normal for commercial investment to have success and failure. In the past few years, there have been many cases of investment failure in Abu Dhabi. The failure of a movie will not touch the Abu Dhabi Investment Bureau much.

"Ronan, you are still alone." Semir's old words were reiterated.

Ronan said with a smile: "No one can guarantee 100% success in business investment." He did not want to get involved with the Abu Dhabi Investment Bureau in this regard anymore, and signaled to Connie, who was standing behind him: "The settlement statement is given to Mr. Seimir."

Connie immediately gave a thick stack of lists, and the accountant brought by Semir took the initiative to take it.

Seimir quickly said goodbye and left. Although the Abu Dhabi Investment Bureau did not care much about the profits of the investment, it still failed, but the necessary review procedures must be passed.

The Los Angeles branch office even hired professional accountants from PwC and entertainment lawyers from a law firm to conduct specialized reviews.

Three days later, Semir took the initiative to come to Shahai Entertainment and signed for the investment share of "Ace Agent".

During the review by lawyers and accountants, Shahai Entertainment did not have any problems with the revenue data of this video, and it fully complies with the legal provisions and Hollywood industry regulations.

The Abu Dhabi Investment Bureau invested $25 million in the "Ace Agent" project, and the amount recovered was less than 30%.

"Ace Agent" has a box office of 10.6 million US dollars in North America. The publisher Embassy Film Company received a box office share of 5.6 million US dollars from the theaters. After deducting 30% of the issuance fee and the corresponding North American issuance loan interest, it only has 2 million US dollars in Shahai Film Company's hands.

Shahai Entertainment legally deducted 15% of the operating and management fees and various taxes including union fees from this number, with a remaining $1.2 million.

Due to the overall loss of the film, Shahai Entertainment did not draw another 20% of the profit share.

In terms of offline and peripheral revenue in North America, Embassy Film, as the publisher, intercepted $500,000 as distribution revenue, Shahai Entertainment had $300,000 operating expenses, and the remaining $500,000.

The overseas copyright of this film was sold for a total of US$10 million. Embassy Film, which serves as the agent issuer, took 40% of it as intermediate fees based on the issuance contract signed with Shahai Entertainment. Shahai Entertainment's operation and management fees and various taxes and fees, including trade union fees, were intercepted by US$1 million, and the remaining US$5 million.

In the end, Shahai Entertainment and Abu Dhabi Investment Bureau settled a record of US$6.7 million.

Judging from revenue, Shahai Entertainment undoubtedly produced a movie that failed commercially, and could not even recover the public cost of $25 million.

But for the entire Relativity Entertainment, "Ace Agent" is another extremely successful movie.

Relativity Entertainment itself did not invest much money, but it earned $10 million in revenue from this film.

As for the expenses of Shahai Entertainment's personnel, office and equipment affiliated to the crew during the operation of the crew, it is difficult for outsiders to calculate.

The two newly leased offices of Shahai Entertainment, from rent to the addition of office equipment to personnel expenses, are all calculated among the two crews invested by Abu Dhabi people, and are included in the film loss and consumables loss of film shots. Not to mention people outside the circle, even if you look for senior professionals in the circle, you cannot find out if you don’t follow the crew all the time.

There is too much money that a crew wasted and inexplicably lost during filming.

It's like a larger drama, if you spend a few more times, you may have more than tens of thousands of dollars in expenses.

The film failed, but the production companies and distribution companies were the winners, and this is Hollywood.

Because of the official background of the Abu Dhabi Investment Bureau, Ronan did not make any moves in the later income. He did everything in accordance with the laws and regulations, and even gave up the 20% profit share of Shahai Entertainment.

He believes that he is definitely a conscientious producer.

Luo Nan had a calculation in his mind. Taking into account the expenses of Shahai Entertainment's affiliation, the various benefits of Relativity Entertainment in "Ace Agents" were about 15 million US dollars.

This has not calculated the tax refund subsidy in Germany.

The filming of a chicken-leaving egg-style filming can be said to be of many benefits. If investors pay for the loss, the production and distribution companies can earn huge income from it.

For non-sequel movies with excessive risks, raising funds to shoot is undoubtedly the most appropriate way.

Even accountants and lawyers engaged in entertainment business fully recognize Shahai Entertainment's settlement, and the Abu Dhabi Investment Bureau did not raise any objections.

The two sides settled their accounts, and the cooperation between Ronan and the Abu Dhabi Investment Bureau has come to an end.

Then, Ronan asked someone to notify private investors in Abu Dhabi to come to Los Angeles to settle the bill, most of whom would come to Los Angeles in person after a while.

Ronan has prepared two response plans, and for these private people, he has no such concerns about the Abu Dhabi Investment Bureau.

If they want to continue investing in Shahai Entertainment’s movies, Ronan will continue to work with them.

Shahai Entertainment will also have movie projects next, such as "The Deadly Bend", which all require fundraising.
Chapter completed!