Best of Hollywood - Chapter 348
Text Chapter 348: Greedy Eyes
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The reporting time for the Golden Globes ceremony is getting closer and closer, and the news about “Crouching Tiger, Hidden Dragon” in the media on the other side of the Pacific has suddenly become more and more.
“On January 2, “Crouching Tiger, Hidden Dragon” was shortlisted for the Golden Globe Awards for Best Director, Best Foreign Language Film, and Best Soundtrack. Orion Pictures, one of the film production companies, said that this film is likely to Receive important awards.”
“”Crouching Tiger, Hidden Dragon” has achieved unprecedented success in many countries and regions in Europe and Japan. The box office in Europe alone has reached tens of millions of dollars.”
“On January 20th, Orion Films, one of the production companies of “Crouching Tiger, Hidden Dragon”, officially announced that the film will be screened in North American theaters on a large scale after the Golden Globe Awards ceremony. It is expected that there will be no less than 2,000 movie theaters. .”
A piece of news appeared one after another, and the audience on the other side of the Pacific Ocean were dumbfounded, and they might win the important award of the Golden Globe! Large-scale release in 2,000 cinemas in North America! Europe earned tens of millions of dollars at the box office!
Soon, there was a wave of discussions about “Crouching Tiger, Hidden Dragon” across the Pacific Ocean.
Many people hope that a certain movie can be released sooner.
Some large media pointed out why a Chinese-language film did not choose to be released on the other side of the Pacific Ocean first, but chose to be released in the European and North American film markets!
Even, some high-level executives called to ask about the specific release time.
In desperation, a certain TV station officially announced the release date of the film. On March 1, the film will be screened in theaters on the other side of the Pacific Ocean.
At this time, in Miramax Films, Harvey Weinstein was frowning. He has been in trouble recently.
If the box office of “The Talented Ripley” is not bad, it has already received a box office of 55.32 million US dollars in North America. Coupled with the film’s overseas box office, it can be regarded as a relatively successful film.
As for “There’s Always a Sunshine” and Oscar PR, he felt a lot of pressure from DreamWorks and Universal Pictures.
Although the Oscar nominations have not been officially announced, DreamWorks and Universal Pictures have made it clear that “American Beauty” will have a big move on the Oscars.
In other words, there will be a fierce competition between Miramax Films, DreamWorks and Universal Pictures, even more important than the competition of “The Talented Ripley”.
Especially for the best actor, best actress, best director, and best film awards, there will inevitably be a competition.
“Ask someone to contact Stephen Spielberg.” Harvey Weinstein intends to talk to Stephen Spielberg, and the two films can stagger the competition for important awards.
The reputation of Oscar’s pusher is not only due to various public relations methods, but also private transactions.
Like sharing cakes with each other.
As long as it wins one major award, “There’s Always a Sun” could bring in a lot of money.
Orion Pictures does not have so many worries. “Crouching Tiger, Hidden Dragon” will not impact the Oscars for Best Actor, Best Actress, Best Director, and Best Picture, but will focus on the Best Foreign Language Film above.
On January 23, the 57th Golden Globe Awards Ceremony was held at the Hilton Hotel in Beverly Hills, California.
That night, “Crouching Tiger, Hidden Dragon” successfully won two awards out of three nominations, including Best Director Award and Best Foreign Language Film Award. Ang Lee became the first Chinese to win the American Golden Globe Award for Best Director .
The news spread back to the other side of the Pacific Ocean, and once again caused a huge response.
The next day, “Crouching Tiger, Hidden Dragon” was released on a large scale in North America.
On the day of its release, it earned a box office of 1.22 million US dollars, and won the first single-day box office champion.
The overall box office performance of the film is not very high, but it has met the expectations of Orion Films, and the release day happens to be a Monday working day.
So far, the accumulated box office of the film in North America has reached 10.83 million US dollars.
According to predictions from relevant agencies, the North American box office of “Crouching Tiger, Hidden Dragon” is likely to exceed the US$57 million box office of “Life is Beautiful” directed and starred by Roberto Bernini, becoming the highest-grossing foreign language film in the North American box office market.
This is an Italian film, and at the 71st Oscar, the film won three awards: Best Foreign Language Film, Best Actor, and Best Soundtrack.
And Angelina Jolie easily won the Golden Globe for Best Supporting Actress.
The Golden Globe Awards also need ratings. With Angelina Jolie’s reputation now, as long as she attends the awards ceremony in person, she can win almost 100% of the awards.
Ryan didn’t show up at the Golden Globes, or even at a promotional event for “Crouching Tiger, Hidden Dragon.”
He has more important things to attend to.
“This is a detailed investigative profile of MGM.”
In a hotel conference room in downtown Los Angeles, Jon Feltmore and several key members of the acquisition team handed Ryan a detailed information about MGM.
Ryan took it over and took a closer look. In addition to the production and distribution business, MGM also has a lot of industries.
Many of them are high-quality industries.
Such as MGM Hotel, Modern Times Movies, Di Gao International Cinemas, Cast TV, MGM Coffee and other industries.
It’s a pity that almost all of them are in the form of equity participation, not a subsidiary of MGM Holdings.
Even so, there are still many eye-catching industries, such as cast TV, which is the largest pay TV company, the largest cable company and the largest home network service provider in the United States.
There is also Digao International Cinemas, one of the largest theater companies in the United States in the future. It had 549 theaters and more than 7,200 screens in its previous life.
It may be relatively unfamiliar to talk about Emperor High International Cinemas, but most people should have heard of Emperor High Cinemas.
As for those hotels and resorts, they were automatically ignored by Ryan.
By the way, there is also MGM coffee.
“Has there been any progress in the negotiations!”
Ryan’s gaze reluctantly took it back from the shares of Digao International Cinemas and Cast TV.
Whether it is the shares of Digao International Cinemas or the shares of Cast TV, it can be of great help to Orion Pictures~www.mtlnovel.com~ It can reduce the pressure from the seven major Hollywood film companies and expand its own promotion channel.
What’s more, MGM has the world’s largest film library, and is itself a member of the Film Association.
“US$5.5 billion in cash and US$1.8 billion in debt!” Jon Felthammer’s face was a little dignified, “and most MGM executives are against this acquisition.”
The final purchase price will be as high as 7.3 billion US dollars.
Although the conditions for the acquisition were slightly lower than those of the previous acquisition, the lions still opened their mouths.
“Looks like I’m going to see Frank Macasso in person.”
Ryan nodded and continued, “Don’t stop talking to MGM shareholders.”
“There will be a turnaround soon.”
Hearing this, Jon Fertimer couldn’t help being a little puzzled. Unless MGM suffered a large-scale deficit, the other party would not significantly lower the price in a short period of time.
Ryan smiled without explaining, “After a while, you will know.”
Right now, there is only one month left before the Nasdaq Internet bubble. It is estimated that after the Oscar awards ceremony is over, the nasdaq index will reach the peak of 5048.62, and then plummet with a bang.
For a time, countless investors went bankrupt and lost their businesses, and the U.S. economy suffered a serious blow.
At the same time, the funds flowing into Hollywood began to decrease significantly, and many film companies encountered difficulties in financing channels.
MGM also needs to face financing problems.
In fact, Ryan can accept a certain level of premium for the acquisition price of MGM, and even the acquisition team’s offer has reached US$3.1 billion in funds and US$1.8 billion in debt.
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