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Chapter 403 Value for money

This kind of film that reflects chaos and dirty places outside the United States has always been one of the favorite themes of Oscar foreign language films. Ronan knew very well that Mr. Zhang's "Hero" had no advantage in front of "City of God".

Even "City of God" naturally has the advantage of competing for the best foreign language film in the Oscars.

The bidding meeting began soon, and after hearing the president of Outu Company quoted the reserve price, the scene fell into silence.

For a Brazilian movie, the bottom price of $5 million is quite high.

Ronan looked at Navas next to him, and Navas whispered: "The producer is very confident."

"Hmm." Ronan nodded slightly: "I remember not having a Brazilian movie that can sell $5 million in North America."

Navas shook his head: "Never."

But the huge sensation caused by "City of God" at the Toronto Film Festival gave the producers enough confidence.

Such films that have been well received by the media and critics are not short of next-generation films.

Ronan has no offer, and many people are still hesitating. Navas's first offer: "$6 million."

The reserve price increased by $1 million at one time.

Ronan looked at Navas, who just smiled.

Focus Pictures buyers followed closely: "$6.5 million."

Javier of Miramax also offered: "$6.6 million."

Compared to Harvey Weinstein's crazy bid in the East, Miramax now seems quite conservative.

After all, this is Hollywood, and there are also investors in Los Angeles. It is impossible to treat this film in the way that ordinary overseas movies are used.

Cheryl's quote for Fox Searchlight: "$7 million."

Navas was about to increase the price, and Ronan took the lead and said: "8 million US dollars!"

This is his psychological bottom line.

The conference room was quiet for a moment, and Javier of Miramax sootheed and leaned on the chair.

Cheryl of Fox searchlight picked up the water cup and started drinking.

They have obviously given up.

Navas glanced at Ronan and offered another offer: "9 million US dollars!"

Ronan sighed secretly and calculated in his heart that this film must take the route of winning the awards to arouse the interest of North American audiences, but how much commercial benefits can such a realistic and cruel Brazilian film bring?

The film is excellent, there is no doubt that, but a good film does not mean profit.

Losing money for a good movie? Most of the companies that did this in the past were done.

Ronan knew very well from what angle he should consider the value of the film.

Navas looked at Ronan again. The awards season is about to begin, and Lionsgate Films is in great need of excellent films to operate.

Last year's "Dance of Death Prisoners" made Lions Gate a great success in the awards ceremony season, and the film also brought considerable benefits.

This "City of God" has the potential of Oscar seeds. If it works properly, it has hope to hit the best foreign language film in the Oscars.

Navas remembers it very clearly that Ronan's Embassy Films operated "Crouching Tiger, Hidden Dragon" to a box office of more than 160 million US dollars in North America through the Oscars' Best Foreign Language Film.

It can be said to have both fame and fortune.

The quality of "City of God" is obviously above "Crouching Tiger, Hidden Dragon"...

Ronan did not offer any more, and the buyer of Focus Pictures suddenly shouted: "9.5 million US dollars!"

At this point, Navas will not give up easily and immediately follow up: "$10 million."

Ronan looked at Navas. Navas thought Ronan was going to bid, and whispered: "You still want to bid?"

"No." Ronan replied in a low voice: "I just think this movie is not worth so much."

This seems very honest, but how could Navas believe it when he says it in this environment?

"$10.5 million." Focus Pictures did not give up either.

This newly established independent film company also needs an excellent work to open up the situation.

Navas bit his teeth and said loudly: "$12 million!"

Ronan couldn't help but shake his head slightly. The risk of bidding was too great.

Focus Pictures finally calmed down and did not issue new offers.

"Is there a new offer?" The president of Outu Company was quite satisfied. After asking three consecutive times, he looked at Navas and announced: "The North American copyright of "City of God" belongs to Lionsgate Pictures."

Navas finally laughed.

There was a polite applause in the conference room.

Ronan also said to Navas: "Congratulations, congratulations to Lionsgate Pictures."

"You are too polite." Although Navas won the copyright at a price that exceeded the budget, he felt it was worth it and said: "Ronan, we are all small and medium-sized companies in development, and we should cooperate rather than compete."

Ronan nodded in agreement: "What you said makes sense." He asked directly: "Navas, are you going to use this video to compete for the Oscar for the best foreign language film?"

Competitive awards are the operation method that most reflects the value of independent films. All the experts here are experts, and Navas has no need to deny it and immediately said: "I have such an idea."

Ronan said directly: "I bought a movie similar to "Crouching Tiger, Hidden Dragon" from the East, and I am also planning to make the best foreign language film."

"It was the "Hero" during the Toronto Film Festival?" Navas had already watched the film at the festival: "I know that film. To be honest, this film is far from "Crouching Tiger, Hidden Dragon" and its competitiveness is a bit lacking."

He seemed to be kind: "Use this movie to compete for the best foreign language film. Ronan, you have to control your investment. I think this purely Eastern-style film will cause losses if it is not done well."

Ronan seems to be very frank: "This movie is indeed not as competitive as "City of God", but you have to try it. Navas, "City of God" also needs to control its investment..."

Navas smiled: "Thank you for the reminder."

What a joke, as long as "City of God" can win the Oscar for Best Foreign Language Film, just like "Dance of Death", the investment will definitely be rewarded.

Ronan didn't say anything more, greeted people from other companies, and then said goodbye and left.

On the way back to the company, I couldn't help but calculate the accounts of the two films "Hero" and "City of God".

The former has a copyright fee of $5 million, while the latter has a $12 million.

Ronan plans to invest $8 million in the total promotional and distribution of "Heroes" including Ao, among which, in addition to Oscar promotional PR costs, most of them are required issuance fees such as copying and insurance.

If "City of God" really wants to win the Oscar for the best foreign language film and use the Oscar effect to get the box office, the investment in publicity and promotion will only be more than "Hero".

After all, Ronan's goal is just an Oscar nomination.

Even if the film "City of God" is very well filmed, it is one of the best movies of the year, but the total cost of more than $20 million is really a bit scary.

It’s not that there is no possibility of profit, but the risks taken are really big.

Ronan returned to the company and looked at the latest work email. Shahai Entertainment has issued a recruitment announcement to publicly recruit professional staff suitable for the needs of "Survival in the Wild". Connie has reached an agreement with the investigation and consulting company, which will send personnel to a well-known university on the east and west coasts to collect relevant information about possible **** circles.

For Shahai Entertainment Animation Studio, after two auditions, Taylor Swift was finalized as the voice actor of Peppa Pig.

Currently, the animated short film of "Peppa Pig" has been filmed. After the awards season arrives, we will apply for the Oscar nomination for the best animated short film.

The animation studio also handed over the "Peppa Pig" project to a team composed of new and old employees, while Chris Reynold led other major team members to begin planning the preliminary matters of the "Minius" animation short film.

After this animated short film is completed, Ronan will promote the animation studio's first real animated feature film business, of course, the first choice is "Despicable Me".

Compared with Pixar's group of animated feature films and Disney animation studio projects, "Despicable Me" has a relatively low investment and a short filming and operation cycle, but it can generate a lot of commercial value.

Like Pixar's animation producers, now they are basically over 150 million US dollars, while "The Despicable Me" seemed to have only been completed in just 60 to 70 million US dollars.

Ronan can't remember the specific numbers clearly, but they should not exceed 80 million US dollars.

In addition, Ronan called Lindsay Bill over.

"Linnsey, is the script of "Queen Bee and the Follower" completed?" Ronan asked directly.

"The first draft has been completed long ago," Lindsay Bill replied: "Revisions are underway, and it is estimated that the draft will be finalized by the end of this month."

Ronan said: "I have a new job for you, a female theme."

Lindsay Bill immediately became interested: "Adapted or original?"

Luo Nan shook his head gently: "None of them are. Currently, I am sitting in some preliminary preparation work. In the future, you will be a main member of the screenwriter team. I plan to let you participate in the preliminary preparation stage."

"No problem." Lindsay Bill said.

Ronan handed over the materials that Connie had compiled during her time in London to Lindsay Bill, saying: "I plan to use some college students from the current prestigious universities as the protagonists. You can take a look at these materials first."

Lindsay Bill took it and looked at it carefully. He said at a short time: "I didn't expect that conservative countries like Britain also have such a large-scale thing."

Hearing this, Ronan asked curiously: "Do you know this?"

"I heard of it when I was in school." Lindsay Bill said directly: "I have a female classmate who has done this. She is very beautiful... Well, what do you think? I am already quite beautiful. She is much more beautiful than me. But her family conditions are worse than mine, so she embarked on this path. At first, it was for tuition and living expenses, but later it changed."

Ronan knew the power of money very well, and although Lindsay Bill didn't say it clearly, he could still think of what her female classmate had become.

Indeed, many people may have various forced reasons when they first started working in this industry, but after a long time, it is difficult to get rid of it.
Chapter completed!
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