Chapter 552: The summer file opens

Even before the company's first public financing, Simon had quietly launched the location plan for the headquarters of Igret.

In fact, there is no need to pick too much.

Based on the information in his memory, Simon directly picked the plot of Google's campus in Mountain View, which is just south of Palo Alto.

The location of a large corporate park will almost inevitably lead to a rise in the surrounding land prices, and Simon doesn't mind paying more money, but he doesn't want to see nail households appear on the plot he chooses, and it is still very difficult for nail households in the United States to pull out.

As a result, Simon began acquiring land in the relevant area of Mountain View through an agency a few months in advance.

Although Silicon Valley is now very developed, the main area is still limited to the anniversary of Stanford University in Palo Alto, and the southern areas such as Mountain View, Sunnyvale and Cupertino are still very backward, and there are no big companies in the next ten or twenty years, and many places are still large farms and wasteland.

The site of Google Campus selected by Simon is currently composed of farms and wasteland, and has few residents.

After a few months of quiet operation, Simon's agency has unwittingly eaten about 60 hectares of undeveloped land in this area of more than 10,000 hectares of undeveloped land east of Palo Alto, north of Mountain View and near the bay, with the aim of removing the 'nail households' in the area in advance.

With a large area of wasteland near the bay, the next step is to discuss the acquisition with the Mountain View City government.

Speaking of which, even the existing 60 hectares of land would be more than enough to build the Egrett campus, if not a little fragmented, but Simon is more than happy to buy the land because of some deep-seated personal preferences.

With the completion of a huge $1.5 billion financing round from Igret, news that the increasingly dazzling new technology company is about to build its headquarters campus spreads quickly.

The key to why Amazon's choice of the second headquarters in my memory has attracted countless large cities in the United States is that the settlement of large enterprises will inevitably mean a huge tax source.

Amazon is good at tax avoidance, and can even operate its own corporate tax rate to a negative number, but tens of thousands of Amazon employees cannot avoid personal income tax.

The more developed the country, the greater the proportion of personal income tax in the national tax revenue.

Personal income tax accounts for about 50% of the total federal tax revenue in the United States, and employees of high-tech companies happen to be the most high-income group among individual taxpayers.

Therefore, when the news of the location of the headquarters of the company spread, the entire Bay Area took action, whether it was Redwood, Monlo Park, or Palo Alto, the birthplace of Silicon Valley, or Mountain View, Sunnyvale, or Cupertino in the south, the administrators of various cities followed several executives of the company almost every day, even if they thought that it was unlikely that they would introduce Eaglet to settle in their own area, they did not easily let go of the opportunity to try.

Tim Berners Lee and his colleagues already knew the location of the big boss's company park, although they wanted to set up the company's headquarters in Palo Alto nearby, and it was not difficult for Palo Alto to carve out dozens of acres of land at this stage, but the plot near the bay in the north of Mountain View was actually not too bad, and it was only about 7 kilometers away from Stanford University.

After more than a month of low-key negotiations with several major cities in the South Bay Area, he finally 'selected' the tax incentive package offered by Mountain View, and quickly carved out a full 300 hectares of land on a barren land plot near the sea in the north of Mountain View.

300 hectares, which translates to more than 700 acres.

Although it is far less than the 8,000 acres of land donated by the Stanford couple to Stanford University, 300 hectares of land for a company headquarters is also a bit eye-popping.

In fact, if it weren't for the fact that the Mountain View government didn't dare to approve too much, Simon would have preferred to get at least 500 hectares of land.

Even so, when the news was officially announced in mid-May, it immediately caused a wave of skepticism in the San Francisco Bay Area media.

You know, even Hewlett-Packard, a veteran company in Silicon Valley, only has an office park covering only 12 hectares in Palo Alto, and Igrete has eaten 300 hectares of land at one time, is this planning to build an office villa for every employee?

The U.S. housing market is already showing signs of recovery after several years of downturn.

Therefore, many media have publicly accused Egrett of impure motives for encircling a large amount of land, with obvious suspicion of hyping land.

As more information was revealed, the media found that the main company that bought the land was Westeros, and Egrett took over 20 hectares of the land from Westeros at the same price, which was planned to be used to build an office park, so the media became even more noisy.

Westeros, this is a sure thing to get involved in the real estate industry.

It's just that after the detailed information was disclosed, the media accusations from all sides were a little confused.

Ygritt actually only got 30 hectares of it, which is a lot more than HP's 12 hectares, but it's not too much. As for Westeros' enclosure behavior, there doesn't seem to be anything wrong with that.

The waterfront parcel in the northern part of Mountain View is a barren area to be developed, and it would be largely beneficial for the city if a company were willing to take over the development.

Moreover, who has not stipulated that Westeros cannot get involved in real estate?

Not only that, but Simon Westeros' eyesights on the property and region, as long as it is not too slow, should understand that it is well worth the bet.

As a result, the media uproar has not ended, and a large number of capitalists have turned their attention to the tens of thousands of hectares of land in the northern part of Mountain View, and have made demands to the Mountain View city government or the farmers who are still sticking to the area to buy the land.

As a result, in just one week, it is said that some companies have increased their bids for land plots by 30% compared to the Westeros purchase price, with Palo Alto as the boundary, and the development of several cities in the southern South Bay Area has been lagging behind the development of cities such as Redwood and Menlo Park in the north.

Mountain View is suddenly highly sought after, and the district administrator is simply ecstatic.

In most countries and regions of the world, there are no more than a few sets of standards for measuring the performance of government officials.

The current momentum continues, and Mountain View's tax and employment indices will definitely grow far more than any other city in the Bay Area over the next few years.

Simon arrived in San Francisco on May 20 and spent the entire day working on the planning of the Egrett headquarters campus, as well as walking through the plot of land north of Mountain View.

The 300-hectare plot is bordered by Highway 101 through California to the south, and the Stevens River runs straight down from the Southern Mountains across Mountain View.

The planned development of the Egrett campus is located in the heart of this high-quality site, away from the hustle and bustle of Highway 101.

As for the remaining land, Simon has considered some plans and has given them all up for the time being.

To put it bluntly, there is no planning.

Therefore, if anyone knows the inside story, they will definitely feel that Westeros' purchase of 300 hectares of land for $230 million this time is definitely a failure of a failure.

Simon doesn't care.

Just like Tasmania, which Australia has been buying continuously, he now has such capricious capital.

It doesn't matter if you plant trees and grass or even just leave it uncultivated, as long as the land is your own.

It's solid to step on.

After a day in San Francisco, we returned to Los Angeles in the evening and flew to New York early the next morning.

It's the TV drama season in New York recently.

With the television business being the focus of Daenerys Entertainment's expansion in the coming years, Simont took the time to fly to the East Coast to follow up on some things.

At the same time, May 21, it was another Friday.

After the warm-up of several films such as "Toy Condor 2", "The Legend of Bruce Lee" and "My Genius Family" last week, the summer season of 1993 officially opened.

The most talked-about blockbuster of the week is undoubtedly the action blockbuster starring Sylvester Stallone from Columbia Pictures' Samsung, which cost $70 million and opened 2,333 screens in its first week.

In addition, the comedy "Made in America" starring Whoopi Goldberg was released at the same time, with 2,048 screens.

Stallone's "Heroes" and Schwarzenegger's "Phantom Heroes", scheduled for June 18, are the two blockbusters that Columbia Pictures will focus on releasing this summer, and the latter cost as much as $85 million to produce.

Columbia Pictures also tried to work with Daenerys Entertainment last year on "Phantom Heroes," only to be rejected by Simon.

Compared with Colombia's ambition, Simon knows very well that these two movies are two big holes for Sony, the parent company of Colombia.

It was the failure of these two projects that caused Sony to completely lose patience with the head of Colombia, Peter Cooper, and even wanted to sell the big studio again at one point.

Boarding the plane to the East Coast, Girl A sent the just-released box office data of the week to Simon.

Sitting in the Boeing 767 front cabin office, Simon flipped through last week's box office report and first found the new week's box office data of the Easter schedule "Fighting Wisdom 2".

Since its release on April 9, "Fighting Wisdom 2" has been released for a total of 6 weeks.

The first week started with $43.67 million, the second week fell by 39%, and in the following weeks, relying on the word-of-mouth popularity of the series and the lack of competitors in the same period, the box office curve of "Fighting Wisdom 2" was relatively stable.

From May 14th to May 20th, compared with the fifth week, "Fighting Wisdom 2" fell by 23% in a single week, and continued to earn $8.96 million.

In six weeks, the cumulative box office of the film also reached $124.55 million.

Through the next week box office, Daenerys Entertainment predicts that the total North American box office of "Fight for Wisdom 2" will be between $130 million and $150 million.

Now, six weeks after its release, according to the box office curve statistics of the first month and a half, the publicity team further predicts that the final North American box office of the film should be around $145 million, and the error will not exceed $3 million.

With a total budget of $45 million for the production and promotion of "Fight of Wisdom 2", and the domestic box office is calculated at $145 million, Daenerys Entertainment will probably be able to make a net income of $35 million.

Compared with the local market, "Fighting Wisdom 2" still failed to break through the cultural restrictions of overseas markets.

According to the data feedback from overseas box offices such as the United Kingdom, Spain, and Australia, which have already opened, the film can only recover about $70 million in overseas markets.

Of course, for a comedy movie to grossing more than $200 million worldwide, it's a big hit anyway.

Relying on more than $120 million at the box office in 6 weeks, "Fighting Wisdom 2" was not only the first film to break 100 million at the local box office in 1993, but also temporarily ranked first in the North American box office in 1993.

It has been a few months since the return to the first half of the year, and there are not many blockbuster projects.

In addition to "Fighting Wisdom 2", only Columbia Pictures' "Groundhog Day" starring Bill Murray is still a big hit. "Groundhog Day" opened on Valentine's Day in February, and as of last week, the cumulative box office was $66.32 million, and the total box office is expected to reach $70 million before the next move.

Simon actually paid attention to "Groundhog Day" initially, but he didn't force the script with the idea that Daenerys Entertainment couldn't take all the blockbuster projects.

The temporary third place on the annual list is an American Civil War historical film starring Pierce Brosnan and Jodie Foster, "Seems to Be an Old Man", produced by Warner Bros. Pictures, released on February 5, and has now been taken off the stage, with a cumulative box office of $50.08 million.

Simon once saw the movie.

The original version stars Richard Gere and Jodie Foster.

This time, because of Simon's big butterfly, Richard Gere's role in "Pretty Woman" fell to Pierce Brosnan, and the role of "It Seems to Be an Old Man" was replaced by Brosnan again.

It's no coincidence.

Pierce Brosnan and Jodie Foster are both ICM artists and belong to the same agent.

The three major brokerage companies are now promoting the project packaging mechanism.

After Pierce Brosnan relied on "Pretty Woman" to rise to the throne, ICM naturally preferred to pair him with Jodie Foster rather than Richard Gere, who missed out on "Pretty Woman" and was completely outdated.

In addition to "Fighting Wisdom 2", Daenerys Entertainment's three labels, as of mid-May, have launched a total of 15 movies, but in addition to "Fighting Wisdom 2", no other box office dark horses have appeared.

Among them, the box office is better is a Mexican literary drama "Love Chocolate" launched by Gaomen Pictures on February 19, which is an award-winning film at the Tokyo International Film Festival last year, Gaomen Pictures bought out the North American distribution rights for 2 million US dollars, and the cumulative box office after the release was 21.66 million US dollars, which is a small dark horse.

"The Vast Sea of Algae", which was released on Easter on April 16, was $4.67 million in the first week of filming, and the cumulative box office has reached $15.39 million in five weeks since its release, and it is expected to break through the $20 million mark before placing an order.

The Berlin Film Festival Golden Bear Award work "The Wedding Banquet" was released in early March taking advantage of the popularity of the Golden Bear Award, and after two months of screening, the cumulative box office was 12.07 million US dollars, and the income was also considerable.

In addition to these 4 blockbuster movies, the box office of the other 11 movies is within 10 million US dollars, which is basically a loss and a profit.

This is actually expected by the company.

The key films of Daenerys Entertainment, especially the films produced by Daenerys Films, which are the most closely related, are released in the second half of the year.

Moreover, in the first half of the year, Daenerys Entertainment was able to have a temporary box office champion "Fighting Wisdom 2", as well as other projects with good profits such as "Love Chocolate", "The Vast Sea of Algae", and "The Wedding Banquet", which is enough to be the envy of other Hollywood film companies.