Chapter 1099: Rolling Tides
In the conference room of the Presidential Suite at the Waldorf Astoria Hotel in New York, Robert Iger is receiving a visitor from Montgomery, Alabama.
This middle-aged man with short brown and black hair frowned, and his neat clothes and shrewd and capable face could not hide the exhaustion and haggard from the heart.
Robert Iger always wears a polite and proper smile, like the Mickey Mouse of Disney who used to work, and looks kind and harmless.
This is not the first meeting between the two parties, and there have been many talks before, so Robert Iger has been very patient and is waiting for the Lehman Brothers CEO Richard Fored to take the initiative.
Richard Ford, though here, still has one last glimmer of hesitation.
Lehman Brothers suffered from a subprime debt bomb that dragged American real estate and Wall Street into the abyss.
The crisis did not spread to Lehman Brothers, who held very little subordinated debt, and had already sold it decisively.
But the crazy rise in housing prices has made everyone lose their minds.
Banks began lending to customers who did not qualify for loans, and financial institutions packaged these loans into bonds and financial products that they sold through investment banks.
Lehman Brothers is no exception.
"Bob, Relativity Entertainment's bid is too low. Richard Fored still tried to get what Lehman Brothers deserved: "Lehman Brothers will not transfer its shares in Twentieth Century Fox unless it is at a premium of twenty percent." ”
Robert Iger said: "Yes, but Relativity Entertainment has to pay in installments, and it will be paid in three years. ”
Lehman Brothers needs funds, how can they agree? Richard Forder's brows tightened: "Bob, don't say such insincere words. ”
Robert Iger shook his head slightly: "The theory of relativity is full of sincerity, otherwise I wouldn't be sitting here talking to you." Richard, you know better than I how many people in all of Wall Street, all of Manhattan, and all of America want to see Lehman Brothers unlucky. ”
Richard Forde fell into a brief silence.
Founded in 1850, Lehman Brothers has a history of more than 150 years and is the oldest investment bank in the United States.
In 1994, Lehman Brothers was listed on the New York Stock Exchange through an IPO, and in 2000, on its 150th anniversary, the stock price exceeded $100 for the first time and entered the S&P 100 index, making it one of the five or four largest investment banks in the United States.
Even last year, Lehman Brothers' profits were among the top three investment banks in the United States.
Who would have thought that Lehman Brothers might now be facing an existential moment?
The cell phone rang suddenly, Richard Forde said sorry, walked out of the conference room into another room, answered the phone, and after only a few words, his face became extremely serious.
The call came from the big boss in Washington, D.C., where he was secretly trying to seek support from the Treasury Department, but was ruthlessly denied.
Not that of those bastards, when they took Lehman Brothers' money!
Lehman Brothers' family, Dayida, will not fall just yet, and it will not be the time to fall, just continue to find a way.
Richard Fored put away his phone, returned to the conference room, sat opposite Robert Iger, changed his previous hesitation and silence, and said directly: "Are you well funded?"
Robert Iger said with great certainty: "Of course, don't doubt the money that Relativity Entertainment has in its hands. ”
Richard Forde put it simply: "Sign the transfer agreement, you pay the money immediately, and everything else is easy to negotiate." ”
Robert Iger said: "No problem. ”
The deal, which could involve billions of dollars, was finally reached after months of Robert Iger's efforts, and with the help of socio-economic trends.
Just as "Avatar" continues to be a hot screening in the film market, this is also good news for Relativity Entertainment.
The plan orchestrated by Ronan and Robert Egger is a crucial step forward.
On the other hand, the hot momentum of "Avatar" has not weakened at all, including the North American market, there is a situation where 3D and IMAX3D tickets for "Avatar" are hard to find around the world, and many fans even queue up at the door of the theater at seven o'clock in the morning in order to buy 3D movie tickets.
Even then, they could only buy tickets for the next day.
On the major booking sites on the Internet in North America, as long as there are movie tickets for "Avatar" 3D and IMAX3D online, they will definitely be sold out within ten minutes.
A new weekend is coming, and "Avatar" continues to maintain a consistent box office trend in North American theaters.
This week, after years of gestation, George Lucas and Steven Spielberg have been billed as "twenty years of sharpening a sword", Dr. Indian Jones embarked on his fourth expedition.
In order to be able to play the role of Indiana Jones again, 65-year-old Harrison Ford almost fought hard.
Even Ronan was surprised by this, Harrison Ford's body shape was so well maintained that he couldn't even see any difference from what he had looked like before in Jihad.
Hollywood stars have quirks of one kind or another, but most of them are more dedicated.
Even Spielberg's godson, who Ronan doesn't want to see, is said to have worked quite hard when filming.
Since she did not star in "Transformers", Shia LaBeouf is basically unknown, and most of the stars actually worked hard before they became famous.
This standard is common in the entertainment industry all over the world
Of course, people like Jaden Smith, who were born to stand in Rome, are a special case.
After nearly two decades, Dr. Indiana Jones is also old, and for the sake of commercial interests, he needs to find a successor to inherit the name of "Raiders of the Lost Ark" and continue to create value for the film company and bring a lot of income.
Everyone on earth knows that Harrison Ford's first time as Dr. Indiana Jones brandished a long whip and ran around the world in 1981's Raiders of the Lost Ark, and then returned in the same capacity with 1984's Raiders and 1989's Raiders......
Back in the early '90s, rumors about Raiders of the Lost Ark 4 didn't go away, but when the decision was made, producer George Lucas, who is also the creator of the character, and director Spielberg realized that they would never make a shot without a good enough story.
This flag is particularly good, so the two teamed up to bring a story.
"Raiders of the Lost Ark 4" is undoubtedly in the same vein as the series, and the two great directors have done their best to keep the style of the film consistent with the previous ones, whether it is from the dialogue, the development of the plot or even the fighting mode.
But times have changed, and for young moviegoers in the current era, especially those born in the 80s and even in the 90s, a long-lived movie that is almost the same age as them cannot be said to have too high an appeal.
Of course, the power of this series is still huge.
On the first weekend of its release in North America, "Raiders of the Lost Ark 4" landed at the top of the North American box office with $100.13 million, breaking the situation that "Avatar" continued to dominate the box office.
There is no doubt that the "Raiders of the Lost Ark" series still has a huge market value and is one of Lucasfilm's most valuable assets.
But the film falls far short of its intended goal in some respects.
Spielberg, who wants his godson Shia LaBeouf to inherit the "legacy" of Dr. Indiana Jones, is doomed to disappointment, and both new and old audiences are very unwelcome to see this son inside and outside the movie.
It is said that Spielberg listened to his godson's advice during filming, allowing him to have a lot of freedom in his role.
One can imagine what kind of character Shia LaBeouf would bring to the table - a thug in a leather jacket, fiddling with a switchblade, and with all kinds of bad habits.
"Raiders of the Lost Ark 4" was a box office success, but the future that the two great directors prepared for the film failed.
In contrast, the steady performance of "Avatar" has not only won the present for 3D films, but also created a good future for nearly a decade.
The film's box office in the third week in North America was only down two percent from the second week, at $75.61 million!
Three weeks after its release, the North American box office of "Avatar" has exceeded $400 million, reaching $411.21 million, creating the fastest record of breaking 400 million in North American film history.
With the expansion of overseas screenings, the global box office is about to exceed $1 billion.
This wave of audiences called 3D is rapidly forming, and a thirst for 3D movies is also gathering wildly.
It's a pity that no one expected "Avatar" to explode to such an extent, and no one prepared the corresponding 3D blockbuster movie in advance.
In addition to relativistic entertainment.
With the help of the hot momentum of "Avatar", the promotion of "Alice in Wonderland" is progressing very smoothly, and the 3D commercials that have been posted at the beginning of "Avatar" have also won praise for their 3D effects.
This is not the pseudo-3D movie that used to be subtitled 3D, but the real 3D movie that the famous Hollywood techno-stream director Robert Zemeckis spent two years creating.
"Alice in Wonderland" began its first weekend ticket pre-sale in North America three weeks in advance, and more than $8 million in tickets were pre-sold in North America on the first day.
In three days, the first week of movie ticket sales in North America was 15 million US dollars!
Such a pre-sale result almost indicates that the box office of "Alice in Wonderland" in North America will inevitably exceed 100 million.
The remaining suspense is just more than $100 million.
Hollywood producers have completely revisited it and realized what kind of changes "Avatar" has brought to Hollywood and the entire film industry.
If nothing else, 3D movies have become a trend.
Not to mention, as the originator of the world's film follow-up, as the most popular film work center, there are countless companies that immediately put 3D film projects on the agenda.
What? The recent project is too slow to shoot? It doesn't matter, isn't there one who is filming and is in post-production? Just convert to 3D.
It doesn't matter if the 3D effect of the movie is not good, you can make money with the help of this wave, and the rest is not important!