Chapter 453: What is the difference between selling it to you and selling it to United Artists?
The Hong Kong team went north, and the Hong Kong market broke out big news:
The Hong Kong police have uncovered several large-scale counterfeit stock cases. Reports indicate that the counterfeiters are gang members who use professional printing machines and moulds to print fake stocks in batches.
Although the criminals have been arrested, these news reports not only failed to calm market sentiment, but instead made people feel that the fake stock cases that were exposed were just the tip of the iceberg and that there was a bigger scam hidden behind it.
Investors’ confidence in the stock market is even less, and the Hang Seng Index has started to fall again.
Keep falling.
The good news is that Bruce Lee did not pass away in July as has historically been the case.
During his reluctant recuperation, history had changed.
Wang Yuanchao invited Bruce Lee to visit the United States to attend the celebration parties of Orange Pictures, Lucasfilm and Universal Pictures.
The release of "American Graffiti" was quite good. In the first week, it made more than 10 million at the box office. Major theaters in the United States also heard the news and negotiated with Universal to import copies and expand the broadcast.
This is definitely heading for a box office of over 100 million!
Wang Yuanchao found out that he had made a mistake. The distribution agreement they signed with Universal was that the producer would take 30% and the distributor would take 20%. Based on the first week's box office, they had definitely made back their investment, after all, they had invested $70 in the first place...
A great god is a great god. Originally, Wang Yuanchao just wanted to establish a relationship with him, but he ended up giving him such a big gift.
The producers are Orange Pictures with a 90% stake and Lucasfilm with a 10% stake.
Bruce Lee read the telegram handed to him by Wang Yuanchao and remained silent.
Their first week box office is equal to his entire box office, and it’s in US dollars, so how can we compare?
Wang Yuanchao patted Bruce Lee on the shoulder and said:
“Discourse movies still depend on you.
I have money, but I don't have your cinematic gifts and talent.
The struggle for Chinese-language films requires our joint efforts, so I ask you to take good care of your health.
If you don't help me, I'll be left alone to fight. How can I make a living in Hollywood?
You see, I can only invest, I don’t even have a say.”
Bruce Lee thought Wang Yuanchao's words were just a polite remark. He was a big boss and one had to bow down under his roof. Moreover, he had lost the bet and had to accept the defeat. Combining these two reasons, he forced out a smile and said insincerely:
"Of course you can! Adam, your vision is unmatched."
Wang Yuanchao patted Bruce Lee on the shoulder and said nothing.
After arriving in Los Angeles, Wang Yuanchao introduced Bruce Lee to Hans.
Hans knew that his boss had jointly invested in a Chinese-language film, Enter the Dragon, with Warner Bros., which was a collaboration with Bruce Lee, so he immediately became very polite.
Although he felt that his boss might have a preference for films in his native language, the boss's precise and efficient investment made him feel that "Enter the Dragon" was not necessarily a masterpiece.
Then Hans can benefit from this!
So Hans was very enthusiastic.
In the three days that Wang Yuanchao flew over from Hong Kong, "American Graffiti" grossed 2000 million yuan at the box office. million yuan in a week is no problem, and it is really heading for a box office of over million yuan.
Universal was so happy that it couldn't stop smiling. This was 2000 million profits falling from the sky!
Moreover, for such a popular movie, the subsequent copyright transactions will also generate huge profits.
The only regret is that Universal was not quick enough in investing, and Orange Pictures snatched the deal. Otherwise, the profit would not be 2000 million, but probably 4000 million!
If the box office exceeds 300 million, Lucasfilm will also earn million US dollars!
Lucas no longer has to envy the achievements of his good brother Coppola.
Coppola didn’t make that much money from “The Godfather 1”, and “The Godfather 2” hasn’t even started filming yet!
There are also many people who are jealous of Orange Pictures, which invested in just two movies, both of which grossed over 100 million yuan. If they did not know the huge power behind Orange Pictures, they would all want to buy shares in Orange Movies.
What? Is there anyone who doesn’t know that Orange Pictures has the background of the Governor of California and the former president of the Screen Actors Guild?
If you don't know this news, you are not qualified to work in Hollywood.
There are many companies with backgrounds, but that doesn’t mean they have this kind of investment vision.
Patricia also came to the celebration party. Apart from her identity as the boss lady of Orange Pictures, she is the most straightforward member of SHE and her status is also very high.
The Coppola siblings came, of course.
"Adam, I thought you and Talia could be together!" Coppola sighed. But Patricia is younger, prettier, has a better family background and more achievements than his sister. It is completely reasonable for Adam to choose her.
Wang Yuanchao looked at Patricia who was surrounded by people. He had no choice but to say:
"Feelings are the hardest thing to explain. But we are still good friends, aren't we?"
Can Wang Yuanchao say that he bought Talia in order to curry favor with Coppola? But Coppola doesn't know any other works except The Godfather. It's like Lucas, who doesn't know any other masterpieces except Star Wars.
But, that's enough.
He suddenly thought of MGM again, wondering if tycoon Kerkorian was still asking for $8000 million.
Seeing Universal easily earning more than 20 million US dollars, Wang Yuanchao felt that if he took over MGM, he would get his money back faster. The profit from distribution was too lucrative.
At least in the case of "Star Wars", in terms of distribution revenue, he can make substantial concessions to Lucasfilm and get the profits back through Orange Films, right?
There are so many well-known blockbusters. Why don’t you make money for yourself by letting others make money?
You need to have a long-term vision! The two chatted for a while, and Lucas squeezed over:
"You guys are hiding here. It's so quiet. I feel like my head is going to explode."
Coppola laughed:
“That’s what it feels like to be famous.”
Wang Yuanchao also added:
"Yes, you are the protagonist today. This is your stage. We can't steal the show."
Coppola nodded:
"Adam's words are always so philosophical!"
Lucas said:
"Can you guys tell me the truth? I've been hearing so much nice words lately that my ears are clogged."
Coppola said:
“So what do you want me to say?
I envy you for having the courage to invest in this movie?
But I do envy you. I bought my peep show company because Adam strongly recommended it to me. I am not as good as you in this respect!"
Lucas waved his hand:
"Alright, alright, your truth is like this too, hey."
Wang Yuanchao smiled and said:
"Well, shouldn't I be the one who should be most proud?
I have two friends who are both the best directors in the United States. Did I brag to anyone?
How many movies in the United States have box office revenue of over 100 million?
My friend, the box office is over 100 million!"
Lucas said quickly:
"Oh, Adam, Love in the Wind is only expected to reach hundreds of millions at the box office. It's too early to say that now."
Coppola said:
"You don't think so in your heart. The momentum of Fengqinghua is there. Can you stop it?"
Wang Yuanchao also said:
"I've heard a fable that modesty is like underwear. You have to wear it, but you can't show it. You can't just pull it out when you see people and tell them, look, I'm wearing underwear!"
Coppola almost burst out laughing and said:
"Adam, that's a great allegory you have, I guess Lucas's underwear is white today!"
Lucas shook his head and said:
"That's too much, you're just jealous of me!"
The three of them huddled in a corner and chatted for a while, then they were surrounded by people. They were all famous figures in the circle, and a group of people were watching them to win over their relationships. Otherwise, why would they come to attend the celebratory party?
Giving you some time to talk nonsense is enough to respect you, isn't it?
……
After returning to their residence in Los Angeles, Patricia was no match for Wang Yuanchao and soon begged for mercy. Wang Yuanchao had no mercy on her and wanted her to be in tears.
He has so many women, all of them revolve around him, but this nominal wife seems to have forgotten that she has a husband!
The next day, the two packed up and prepared to return to Sacramento to see their son Ronan.
But the company called soon and the boss of MGM wanted to meet and talk with Wang Yuanchao.
This is true, I was still thinking about you yesterday!
Wang Yuanchao had to postpone his trip to Sacramento.
MGM boss Kerkorian was very short of money and was really preparing to sell the unprofitable distribution business. The initial offer of $8000 million scared away Orange Films, but later he could never find a sincere buyer.
United Artists Pictures is willing to buy this distribution business, but if United Artists Pictures wants to buy it, the distribution rights of the 007 series will not be able to be sold at a high price.
After all, 007 was a movie invested and produced by United Artists, and MGM only had the distribution rights granted by United Artists. It was impossible for MGM to let United Artists pay for its own things out of their own pockets, right?
Without 007 as a decorative work, it really can't be sold at a high price.
So Kerkorian decided to give Orange Films a try and promote his film. It would make money, so he should be more proactive and not be too shabby.
But the boss of Orange Film is running around everywhere!
Finally, he saw in the newspaper that the investors and distributors of American Graffiti were celebrating their success, so he asked someone to try to arrange an appointment with the owner of Orange. It would never hurt to give it a try.
Then luckily, Orange boss Adam Wang was actually in Los Angeles and agreed to meet.
As long as they agree to meet, it means the other party still wants to acquire the company. Anyway, it’s more cost-effective than selling it to United Artists, right?
As soon as they met, Wang Yuanchao got straight to the point:
"I was just about to go to Sacramento with my wife to visit our son, Ronan Jr., when I received a call from the company. Boss Kerkorian, do you want to talk to me?"
What Wang Yuanchao meant was that my schedule was tight, so if you have something to say, please speak quickly. Besides, Sacramento, the governor's residence, is no secret among the tycoons.
Even if it is a secret, Hans will let the people who should know know it, otherwise his position as the general manager of Orange Pictures will be in vain.
Kerkorian certainly understood and said:
"I'm planning to sell off MGM's distribution business. Adam, do you still want to talk?"
Wang Yuanchao smiled and said:
"Of course. How about $3000 million?"
Kerkorian's expression remained unchanged, but he cursed in his heart, "If it's 3000 million, what's the difference between selling it to you and selling it to United Artists?"
(End of this chapter)