Chapter 602: Dark Horse

In addition to "Four Weddings and a Funeral", the films on the same schedule on February 11 also include Disney's "Imp Millionaire" and Columbia Pictures' "Baby Little Lover 2", and the opening screen scale of the two films is comparable to that of "Four Weddings and a Funeral".

Among them, "Imp Millionaire" tells the story of a young boy who accidentally gets $1 million and fights against a criminal who has lost a huge amount of money. The first part of "Baby Lover 2" starred Macaulay Culkin, and the main creator of this sequel was replaced by another rookie child star.

Not even talking about the content, just looking at the names of the other two new films, it is not difficult to imagine that this is continuing to follow the "Home Alone" series.

Daenerys Entertainment has long shelved the further development of the "Home Alone" series, but Hollywood has never forgotten this children's film series that has created a box office miracle, and of course people have also made 'innovations', such as "Ghost Millionaire" has created a plot mode with a big vase that fits the Valentine's Day schedule.

Mainstream newspapers in North America still haven't reconciled with the Westeros system, but in the face of these two follow-up works that compete with Daenerys Entertainment, they are also unceremonious, according to statistics, the comprehensive media score of "Baby Lover 2" is only a pitiful 2.7 points, but this is not the worst, and the reputation of Disney's "Little Ghost Millionaire" is completely broken, and almost all of the mainstream newspapers give negative reviews, and the comprehensive score after conversion is not even 1 point, only 0.9 points.

In comparison, after the large-scale opening of "Four Weddings and a Funeral", the score of "Four Weddings and One Funeral" only slipped from 9.5 to 8.6 points after the Sundance premiere, and Hollywood's "Variety" magazine praised the film as "a smart, funny and alternative love movie, with a strong appeal as warm as the sun on a winter afternoon".

Hugh Grant, who debuted in the early eighties but has always been unknown, finally gained media attention this time, and many film critics specifically mentioned Hugh Grant's restrained but humorous performance. Model-turned-Andy McDowell has also been praised for being involved in a classic after "Sex, Lies, and Tape".

In terms of budget, the $5 million production cost of "Four Weddings and a Funeral" and the same $5 million publicity and distribution expenditure are not generous, and neither of them is as high as the $15 million production cost of "Imp Millionaire", and Simon knew from the beginning that for the film to succeed, it must gain word-of-mouth influence.

After all, the Westeros system and the mainstream paper media have not publicly torn their faces, if it is only a commercial film with a medium reputation, the traditional media can also mess up the film's reputation through tendentious public opinion, and for classics like "Four Weddings and a Funeral", in the face of unanimous praise from other film critics, they have to follow the mainstream.

Therefore, after the large-scale release, the word-of-mouth of "Four Weddings and a Funeral" among the audience group quickly fermented.

When the box office came out on Friday and Saturday, Daenerys Entertainment reacted quickly in the face of the film's excellent box office results, and Simon personally approved an additional $10 million in publicity budget.

From February 11 to February 13, "Four Weddings and a Funeral" earned $9.81 million at the box office in its first three days of weekend, directly allowing Daenerys Entertainment to recoup its $5 million production budget.

Monday, February 14 is Valentine's Day.

The three-day weekend was further manifested on Monday, when the film grossed $5.13 million in North American theaters on the same day, exceeding the revenue of any one of the three days of the weekend.

Three working days later, the first-week box office of "Four Weddings and a Funeral" was released, with a cumulative box office of $21.79 million in seven days, easily winning the single-week box office champion position in the Valentine's Day schedule, and the average box office in the first week also reached a high of $13,000.

The DC Cinematic Universe blockbuster "Steel Bone" entered its 8th week of release and ranked second on the box office list.

Because of Valentine's Day, the box office of "Steel Bone" fell by only 17% this week, continuing to earn $7.98 million, and the cumulative box office of the film also reached $241.43 million.

Affected by "Four Weddings and a Funeral", coupled with its own poor reputation, Disney's "Imp Millionaire" only grossed $6.91 million in the first week, ranking third on the list, with as many as 1,841 screens screened, and the first-week box office of less than $7 million, which is only a little over $3,700 in the average museum.

Steven Spielberg's Schindler's List grossed $6.28 million this week, fourth on the charts, and the film also grossed $37.2 million.

The opening box office performance of "Baby Little Lover 2", which lost Macaulay Culkin, was lower than that of "Imp Millionaire", which had a bad reputation, with a box office of only $6.05 million in the first week, ranking fifth on the list, similar to "Imp Millionaire", starting with the film's word-of-mouth and box office, the total North American box office of both films is expected to be around $15 million, and neither Columbia nor Disney can recover their costs through the local box office, and can only expect follow-up receipts to make up for the losses.

When "Four Weddings and a Funeral" showed a dark horse trend, at the same time, "The Lion King", which was released in the 13th week, relied on Ben's income of $4.35 million, and the cumulative box office officially exceeded the $300 million mark, reaching $300 million 2.56 million, officially becoming the first animated film in Hollywood history to exceed $300 million at the local box office.

At the same time, with the topic of "The Lion King" being nominated for the Oscar for Best Picture at the end of January, the 3D animated film has rebounded to varying degrees at the box office around the world, because overseas markets that have been delayed in the opening time have also started recently.

According to preliminary statistics, the overseas box office of "The Lion King" has also reached $467 million. The global box office totaled $769 million, the same animated film that ranked first in history at the box office.

Not only that, according to the box office trend of each market, "The Lion King" has a box office potential of about 20 million to 30 million US dollars in North America, and the follow-up overseas income can reach at least 100 million US dollars, which means that "The Lion King" is expected to hit the $900 million mark globally.

Even if it is still regrettable that it failed to hit the global box office of 1 billion, such a commercial performance is enough to make Hollywood jaw-dropping.

You must know that the most popular live-action movie "Cyborgon" at the end of last year was $240 million at the North American box office at this time, and because of the natural disadvantage of the black protagonist in the overseas market, the overseas box office is currently only about $270 million.

Unlike "The Lion King", the global screening of "Cyborg" has begun to end, and the global box office is expected to be only about $550 million, which can certainly bring Warner Bros. huge profits, but it is dwarfed by "The Lion King". In addition, "Cyborg" has thus become the lowest-grossing film in the global box office of the released DC Cinematic Universe series.

Simon rushed to New York with Janet after Valentine's Day to formally discuss with Morgan and Goldman Sachs the increasingly approaching Daenerys Entertainment IPO, and the news inevitably spread to the media.

With "The Lion King" surpassing $300 million at the North American box office, Daenerys Entertainment Group's IPO valuation has become one of the hottest topics recently.

In fact, as early as last month, shortly after the New Year, an article in the Wall Street Journal predicted that Daenerys Entertainment's net profit in 1993 would reach $2 billion, so the most conservative estimate of the IPO valuation would not be less than $30 billion.

There are many factors to consider in the IPO valuation of a company, but the two most critical points are the profitability of the company and the long-term growth potential of the company.

When "The Lion King" topped 300 million at the North American box office, reached a staggering $769 million worldwide, and was expected to hit the $900 million mark worldwide, few doubted the profitability of Daenerys Entertainment.

As a result, the focus of the media controversy has fallen on Daenerys Entertainment's future development expectations.

In the past year, Daenerys Entertainment Group has launched a total of 46 films, including "Fighting Wisdom 2", "Sugar-Coated Trap", "Seven Deadly Sins" and "The Lion King", four films produced by Daenerys Entertainment have achieved a box office of more than 100 million and entered the top ten of the annual list, in addition to "The Dawn of Lovers", "Schindler's List", "What to Do with Love" and a large number of movies that have contributed to the box office of Daenerys Entertainment.

Even without taking into account a series of foreign cooperation films such as "Superman" and "Sleepless in Seattle", Daenerys Entertainment also accounted for $1.7 billion of the total annual box office of $5.6 billion in North America, accounting for 31% of the market.

If you include "Superman", "Sleepless in Seattle", "Gannet Assassination" and "Mission Impossible", the market share will increase by another 15 percentage points.

So it's almost fair to say that Daenerys Entertainment has become half Hollywood.

With such a high market share, it is almost on the verge of monopoly, so many media believe that this core film business, which contributes most of the profits to Daenerys Entertainment, is destined to not grow much in the future. Even many people in the Morgan Stanley and Goldman Sachs teams, which are about to take on the IPO of Daenerys Entertainment, have this view.

Simon actually sees this as well, so he has begun to focus more on Daenerys Entertainment's music, games and other businesses.

After all, the bottleneck in the growth of the core film business does not mean that the entire Daenerys Entertainment Group will stop growing rapidly. As a comprehensive large-scale entertainment group, driven by the locomotive of the film business, Daenerys still has a lot to do in music, games, merchandise, theme parks and so on.

What's more, even if it is unfavorable to get involved in other fields, even if it only relies on the rapid growth of the global film industry for at least 10 years, Daenerys Entertainment's next performance will not be too bad.

Not only that, but once the ban on media industry consolidation, which the Westeros system has been secretly promoting, is lifted, Daenerys Entertainment can take advantage of the trend and expand into the television field. Although the Internet era has arrived ahead of schedule, the North American television industry, especially cable television, also has at least a decade of growth.

Therefore, no matter how controversial the media is, Simon has no compromise on the valuation of Daenerys Entertainment's IPO, and he would rather abandon this IPO plan if the valuation price-to-earnings ratio is less than 20 times.

At 20 times the price-to-earnings ratio, Daenerys Entertainment's IPO valuation can reach at least $40 billion. The $40 billion valuation will also make Daenerys Entertainment the largest IPO ever in the global stock market. And, if nothing else, as long as it can go public, Daenerys Entertainment can easily enter the $50 billion market value club and become the world's top corporate giant.

Manhattan, New York.

It's Saturday, February 19th.

The couple came to the East Coast after Valentine's Day and stayed here for about a week, and Janet returned to Los Angeles yesterday first, bringing Veronica with her.

Simon remained in New York.

In fact, this is already a small tacit understanding between husband and wife.

Simon never intended to be a stay-at-home man, and Janet said early on that her husband could not have only one woman, so Janet always left Simon with some personal space at the right time.

After so many years of getting along, the relationship between the two has not been affected in any way. Except for Jennifer, who has already given birth to a daughter, no woman has been able to break into Simon's life over the years. Speaking of which, even if the female assistant entered Simon's life at the same time as Janet, she could not be considered involved.

In a high-rise apartment building in the south of Central Park, it was already more than ten o'clock in the evening.

Simon is invited by Murdoch to a drinking party at the other party's house, and because of some unknown bad taste, the female companion who follows Simon tonight is still Jerry Hall.

Jerry Hall divorced Rolling Stone frontman Mick Jagger last year.

The two have long had no relationship, after Jerry Hall filed for divorce, Mick Jagger quickly fought back in order to avoid being divided too much property, claiming that the original wedding between the two was invalid from the beginning, and Jerry Hall was definitely not a submissive woman, and the two sides went directly to court.

After a few months of tossing, Jerry Hall finally received a one-time divorce compensation of 5 million pounds, roughly equivalent to a tenth of Mick Jagger's personal assets, and also obtained custody of the three daughters born to the two over the years. After the divorce, Jerry Hall moved from London to New York completely, and began to focus on his television and modeling career, and still maintained a close relationship with Simon, a towering tree, in private.

Easily chatted with Murdoch's eldest son Lachlan about some Australian topics, the better the next time he goes to Melbourne to visit Murdoch's house again, Simon saw that it was late, so he took the initiative to say goodbye to the host's house.

Seeing that Simon was leaving, the media mogul motioned to the waiter to bring a file bag and said, "Simon, this is an interview transcript from London, you can go back and see about some girls from Russia in the city of London." News Corp won't be involved, but I can't guarantee you other media. ”