Chapter 25: Acquisition of a Special Effects Company (3/5)

This is true, American blockbusters sell well, and a lot of capital has begun to invest in American studios...

And it's aimless co-investment.

It's just that they don't know the specific situation of the project, and when they heard that it was a Hollywood production, they paid for it!

Let's put it this way, there are actually many funds that find David and ask about the investment, and they took the initiative to find him...

It's really outrageous...

Of course, David won't waste the opportunity - Hollywood is short of money, and even Bren House projects rarely risk their own money...

No matter how bad it is, he can take the money and make a second-course investment platter!

Shen Mengxi knows that the National Film Fund has announced that it will invest $200 million to produce 10 co-productions, with a maximum investment of about $50 million for each co-production.

The Wachowski siblings, co-directed with Tom Tikwe, have just made their debut at the Cannes Film Festival, and their second investor comes from New Wilderness.

In the past few years, when hot money has poured into the film and television industry and ebbed again, it has become a trend for Chinese companies to invest in Hollywood blockbusters, from investing in single films to investing in film lists, from joint funds to simply independent acquisitions, and the gameplay has been constantly upgraded.

Shangying and Huahua announced that they would invest in Paramount's $1 billion film list, but it fell through in less than a year.

Television and radio media claimed to invest $1.5 billion in Lionsgate's 50 films, but in the end, how much was executed and what the profit and loss situation were, is not clear.

"They are all pediatrics, what kind of skills do they have to follow the casting?

“... They're rich, and they've heard that Wanda is plotting to buy a major Hollywood studio!"

"You know all this?"

Li Yiping rolled her eyes: "Everyone who has a brain knows!"

That's right, Wanda acquired AMC and mastered the cinema channel, and it must be extended upwards to master the content side...

This is called the media layout, and there are no exceptions...

Shen Mengxi sighed with emotion: "I should really be engaged in real estate development back then, it's too much to gamble on making movies!"

"Come on..."

......

Mengxi special effects is the general name, and Xiangshan has settled in eight special effects companies, all of which are named.

These eight special effects companies basically rely on Mengxi's business to support themselves.

Starting from "Painted Skin", Mengxi Company has more than two major projects every year, and later, Tang Ren went public, and Shen Mengxi simply bought these special effects companies.

In fact, the standard of these companies is not too bad, and they are responsible for 70% of the special effects of "Walking with God".

The remaining 30% is outsourced to other special effects teams in China.

When it comes to "The Great Wall", half of them are special effects companies in Xiangshan, and the other half are overseas companies...

That's it, you have to work overtime...

It's very complicated to do special effects, not second by second? It's done frame by frame, and the movies we watch are actually made up of paintings, and the reason why they look moving is because there are a dozen or more pictures in a second?

A one-second movie can have a dozen frames, or dozens of frames, and the more it looks, the smoother.

For example, one of the explosion shots with pure special effects is only 5 seconds, and it took six people a full month? and that's the production time after spending 2 months to overcome the technical hurdles ahead of schedule... Needless to say, the rest is not to be said.

The total cost of "The Great Wall" is 88 million US dollars, and it is close to 60 million US dollars in special effects, and there should be an additional 15 million US dollars in the future...

It's that expensive!

It is still based on the fact that the labor cost of Chinese special effects companies is 1/3 of overseas!

Xu Jian, the person in charge of the later stage, told Shen Mengxi: "It is expected that by November this year, our part will be completed!"

“... Hurry up, I'll have to edit and put it on the US market..."

Catch the Super Bowl!

The price of a 30-second ad is about $5.5 million — that's the rule, you have to prove that your movie is a blockbuster?

"Mr. Shen... Did you hear that?"

"What did you hear?"

"Pony buys Digital Domain!"

“... I've heard that. ”

"Why don't you buy it?"

Shen Mengxi glanced at him and replied, "There's no need, I don't want to deal with irrelevant people!"

Xu Jian nodded sneeringly: "... I see..."

......

Scott Ross, the founder of Digital Domain, who is also the founder of ILM!

ILM wants to operate independently?Lucas refuses—ILM has always been an affiliate of Lucasfilm...

Scott Ross left ILM and then co-founded Digital Domain with James Cameron and Stan Winston, the world's most famous makeup and special effects artists, creating two masterpieces, True Lies and Titanic!

Later, James Cameron was expelled from the joint board of directors...

However, special effects companies exist on the basis of film projects!

There is no other source of revenue.

Hollywood's Big Six all have their own special effects companies, so there's no need to work with Digital Domain...

Digital Domain is slowly not keeping up...

The '08 economic crisis, Digital Domain's various liabilities...

In fact, powerful film special effects technology companies are dominating the whole industry by virtue of their patented technical expertise.

In other words, if a company has a technological advantage, it will only run in a richer way, and the so-called economic crisis will not only not threaten its survival, but will also help it take advantage of the opportunity to merge with other companies and expand.

Digital Domain's current situation just shows that it can only be regarded as a second- or third-rate special effects company in the United States. Last month, Digital Domain entered the countdown to bankruptcy, and Pony Galloping America and Indian media giant "Reliance Media" jointly invested $30.2 million to acquire Digital Domain, which became a sensation in the Chinese and American film industry!

It's really sensational!

In the early years, Digital Domain was the world's top special effects company on a par with Weta Digital and Industrial Light & Magic.

Acquired by China's pony galloping!

It's too hanging!

And then what?

It should be next year, Pony will sell Digital Domain to Hong Kong's Olleung Group...

Why?

Got caught!

Who was pitted?

Mr. Che, the son-in-law of a Hong Kong businessman and former central bank governor who was investigated by authorities in 2015;

Xiaoma's plan is to acquire some so-called "cost-effective" film special effects technology companies in the United States, and then introduce them to China, taking film and television special effects processing as one of his new main core businesses.

China's relatively cheap and crude commercial films do not have high requirements for special effects, and they can cope with it with second- and third-rate technology.

Let other domestic companies make movies, and they all come to him to do some low-level simultaneous or post-production special effects.

Here comes the problem, there is no money ...

Mr. Che provided financial assistance - it is said that Mr. Che not only promised to contribute, but also reached other consensus and agreement between the two parties, intending to jointly build a film and television special effects industry base, which will grow rapidly, and take listing as the ultimate goal.

It's a pity that the acquisition is completed, Mr. Che regrets it, and no one in other domestic film and television companies will go to Pony's digital kingdom to do special effects under the premise of such uncertainty.

In the end, in desperation, Pony sold the newly acquired Digital Domain to Mr. Che's Aoliang Group.

Ollean's original business was scrap metal recycling and some real estate properties in Hong Kong, which were barely related to the concept of "environmental protection". Mr. Che put Digital Domain in the shell of Olhão and directly changed the name to "Digital Domain" to be listed in Hong Kong.

The concept of "visual effects" made Auliang's stock price rise sharply, and by the summer of 15, before Mr. Che's accident, it rose to 0.95 Hong Kong dollars per share.

This trick is somewhat similar to Li Xiaojiao's Yingke back then, playing with the concept, tossing whatever is hot, Cyberport, telecommunications technology, visual effects, 3D, the inside of the shell is actually a hollow experience...

This so-called acquisition of Digital Domain is actually just an unsuccessful capital operation, and it is nothing remarkable.