Chapter 657 Lobbying
Seeing that Cowell seemed a little disappointed, Jing Jian explained with a smile: "The traditional large theater model with more than 200 seats has indeed reached a period of low profits, but in the future, small theaters with 50-100 seats and multiplexes should be popular. I even predict that within 10 years, digital printing technology will mature, and the cost of projection of films will be greatly reduced. By that time, the profitability of the cinema chain will stabilize between 15% and 18%. ”
"I see!" Cowell nodded, he understood Jing Jian's operation. It is nothing more than anticipating the development of technology, being the first to buy a cinema at a low price, and modernizing it in advance. This is a one-time investment, which will bring stable and continuous cash flow to Jingjian in the future, that is, to play the role of a "pressure stabilizing valve", "It should be a good investment to maintain 15% for ten consecutive years." ”
Listening to Cowell's tone, he seemed to be a little dissatisfied with Jing Jian's "technological predictions". So Jing Jian smiled and asked, "Mr. Cowell, it seems that you have some doubts about the development of new technology?"
"Huh. Cowell laughed, "I don't know much, but Wall Street has always welcomed new technology." But I think you must be hiding something, for example, some of the overlord clauses in the movies that you show in theaters. ”
Jing Jian also smiled: "Mr. Cowell, that's not an overlord clause, but some kind of prediction for the future. Disclose the optional terms, you and me, the studio can charge more, and I bear all the risks, this shouldn't be some kind of oppression, right?"
The two discussed a new clause between the Seed Cinema Line and the Europa League Cinema Line, which has caused a lot of controversy recently. The specific content is: all films released in Seed Theaters, if the total box office in North America can reach more than 2 million US dollars, you can choose to sell all the online rights to Seed Media at a price of 5% of the total box office, or you can choose to sell half of the online rights to Seed Media at a price of 2% of the total box office. Of course, there is a third option, you can not sell it at all, but unless you have the confidence to be in the top ten at the annual box office, don't blame Seed Cinemas and Europa League Cinemas for giving you small shoes.
First of all, let's introduce what is online copyright, including online on-demand, online game adaptation, online adaptation, and online TV series adaptation...... Anyway, as long as it is related to the network, all copyrights are included.
In fact, after the introduction of this clause, it was welcomed by most film investors. Obviously, this does not affect the traditional copyright development, but opens up a new way for investors to make money, if the North American box office is 2 million, it can get 100,000 US dollars. If it's 100 million, that's as high as 5 million! As for the copyright of the Internet? At this time, people could not predict the rapid development of the Internet, and many people thought that this was a series of lifetimes. It's so far away, it's better to sell it first.
In addition, those bad movies that can't even get 2 million, if you want to sell them, then you can only get a few thousand or tens of thousands of dollars to pass the deal. And it needs to pass the review of the seed theater line, and it is not accepted by all departments.
However, Western society advocates individual freedom, and some people still criticize such clauses as too harsh, so they hold them in their hands and do not sell them, and they lash out in the media. However, such criticism is doomed to be invalid, and even a legal monopoly lawsuit is completely inadequate.
However, at this time, Jing Jian had to sigh Cowell's keen feeling, in fact, this clause is for the future professional website of film and television on demand. Now the network copyright, which is not very valuable, as long as it can have a sufficient number, it will be able to stick to the vast majority of users at that time. As for those fish that slipped through the net? When the time comes, won't they still go to their own on-demand websites to sign a sharing agreement? In the Internet era, the emphasis is on winner-takes-all, and those small fish and shrimp are no longer to worry about.
The only thing that is difficult to deal with is the eight major Hollywood studios and those powerful independent studios, these giants cannot be swallowed by just one overlord clause. However, Jing Jian didn't want to eat alone, he was already negotiating a copyright alliance with those studios, which was nothing more than a copyright stake at that time, so that those giants would own the shares of the on-demand website. So during this time, lawyers such as Smith were busy with this.
Obviously, Cowell has seen Jing Jian's ambitions, so he will point out such a sentence. However, he is not interested in the monopoly of the film industry or anything, he is still concerned about those investment hotspots: "If I am not mistaken, you are quite optimistic about the future of Internet stocks, and even optimistic about their extraordinary profits." This makes me a little puzzled, from the analysis of the data report, there is no possibility of high profits in Internet stocks at present, and the only thing that can be expected is the rapid development of technology. I do not comment on your predictions. But I have a question, why are you so resistant to venture capital and reduce the risk of your investment?"
“......”
Carolina was talking to Mrs. Cowell absentmindedly, and in fact, hearing Jing Jian's conversation, her heart had already begun to turn upside down. Obviously, judging from Cowell's attitude, Jing Jian must be an extremely important figure in Hollywood, and even plays a pivotal role. For a moment, Carolina was in a trance, and her beautiful eyes secretly looked in the direction of Jing Jian from time to time......
Jing Jian didn't notice Carolina's expression, he was already engrossed in the conversation. Because Jing Jian knew that the reason why Cowell took the initiative to invite and receive him hospitably was definitely not to satisfy his curiosity, but to have a purpose: "Mr. Cowell, my cash flow is quite abundant, quite abundant!"
After finishing speaking, Jing Jian and Cowell looked at each other and smiled. Everything is in plain sight, and the attitude of the two is quite clear. Cowell did not continue to entangle, and introduced the dessert that had just been served to Jing Jian very graciously. After a few small talks as a buffer, Cowell finally said the theme of the evening: "I found that you have a large number of East German marks in your hands, and of course a large amount of renminbi, two currencies of Eastern countries, but there is a great lack of internationally convertible hard currency. Although you're cashing out some kind of through the White Lotus, oh, the standard e-commerce right now, it's dangerous, so to speak, walking a tightrope. Why don't you take the help of your Wall Street friends? You need an engine that can provide you with a steady stream of hard money. I think I'm a good fit. Of course, you have to give up a little bit, really a little bit of a stake?"
Jing Jian smiled: "Mr. Cowell, you should know that I already have a loan amount from Hirata Bank, right?"
"Yes. Cowell smiled like a cunning old fox, "Rich Japanese." But they're loans, and we're not collateral and we're willing to share the risk?"