With the distribution support of Embassy Pictures, the three films achieved high revenues.

"Blair the Witch" has a total revenue of $181.2 million, "Ace Agent" has a total revenue of $28.2 million, and "Death is Coming" has a total revenue of $118.1 million.

Due to the sale of overseas rights, North America accounted for the majority of the revenue of the three films.

These are calculated as overseas royalties from the sale, not as gross overseas revenues from Sony Colombia's hands.

In fact, the overseas box office of the three films is also very good overall.

"Blair the Witch" earned $113.51 million at the overseas box office, "Ace Agent" earned $16.7 million at the overseas box office, and "The Grim Reaper is Coming" earned $72.64 million at the overseas box office.

These are all online revenue, offline revenue data, and Sony Columbia Pictures, as the distributor, has not made it public at all.

In the face of overseas markets, the former embassy pictures could only sell out overseas copyrights, and at least nearly half of the overseas revenue fell into the hands of overseas distributors.

Fortunately, even if the overseas rights of the three films are sold out, they are distributed by Embassy Pictures, and Embassy Pictures, as the distributor, can legitimately extract the distribution fee from the sale.

The three films, both online and offline, were drawn by Embassy Pictures with a total of $111.55 million.

Of course, the profit of Embassy Pictures is not so high, this is only the total income, excluding labor, taxes, operations, attorney fees, accountant fees, channel fees represented by video tape stores, relativity borrowing interest and overseas channel expansion, etc., the net profit is 28.3 million US dollars.

Shahai Entertainment's income is much lower, and the majority of the income is "Blair the Witch" purchased by Relativity Entertainment, and only two films "Death is Coming" and "Ace Agent" belong to Shahai Entertainment.

And after the relevant income is in hand, there is still some to settle with investors such as Abu Dhabi Investment Authority and Hassan, and the operating income is only 41.2 million US dollars.

As a producer, he is the main spender of various expenses, such as the union fee of the film, the post-production bonus of the main creator, the market research fee, etc.

Shahai Entertainment's net profit after a series of expenses was only $8.64 million.

This is just a number on the statement, in fact, a lot of funds, such as Hassan and others' shares, will stay on the side of Shahai Entertainment for a long time.

The most profitable is Relativity Entertainment, Ronan bought "Blair the Witch" as Relativity Entertainment, and after Embassy Pictures deducted various income commissions and various channel fees, there are still nearly 100 million US dollars attributed to Relativity Entertainment.

Compared with the high income of "Blair the Witch", the cost paid by Relativity Entertainment is too small, and the box office bonus for buying the copyright and the main creative team adds up to only a hundred thousand US dollars.

In addition, Relativity Entertainment earned $4 million in interest on borrowings from two subsidiaries.

This does not take into account Ronan's investment in the stock market, since Ronan has full control of the three companies, he has already asked Mary to transfer the profits from the stock market to his personal name through legal procedures.

The funding is as high as $48.5 million.

During the two years of Ronan, there was also a lot of personal income, especially in 1999, as the president of three companies, the first producer of two films, and the developer of a film's publicity and marketing plan, he had corresponding income, during which the annual salary, screenwriter's fee, producer's salary, producer's share, etc., totaled up to $12 million.

And that's not even counting the producer payouts for Fatal Bend and Project Human Removal 2.

Just like the crew of "Human Eradication Project", even if it is a company absolutely controlled by Ronan, he will not take a penny less in the honorarium.

If nothing else, this can also dilute the film's profits.

For a medium-to-upper-scale production like "Spy" alone, Ronan's producer salary is as high as $3 million, the screenwriter is paid $50,000, and he has a 1.5 percent box office share.

This is the producer's legal income.

The films of which Ronan served as a producer, "Human Eradication Project" and "The Grim Reaper is Coming", one has a North American box office of over 100 million, and the other has a global box office of over 100 million, and the producer's salary has naturally risen.

Although producers can't get $20 million for a single film like A-list directors and stars, a gold producer like Jerry Bruckheimer has a salary of up to $10 million for a single film, as well as various post-production revenue shares.

Investments are tax-deductible, and Ronan takes $50 million out of his personal income and is ready to wait for an opportunity to invest.

The tax season in April is coming soon, and there are professionals doing this work, and Ronan doesn't need to pay too much attention to it, but repeatedly reminds against tax evasion.

Various legal tax avoidance methods can be used, but the measures that are too risky are not suitable for the time being.

Relativity Entertainment's current anti-risk ability is too poor, and if it gets into trouble with the IRS, it may be doomed.

Ronan worked hard for two years, stood on the tightrope and danced several times, and even did not hesitate to be abducted, and finally got the reward.

At the beginning, the Abu Dhabi Investment Authority offered $100 million in investment and $300 million in exchange for most of his shares, but he refused, and now even if it is doubled, Ronan will not hesitate to refuse.

Film companies with annual revenues of more than 300 million US dollars can barely be classified as medium-sized film companies in Hollywood.

The point is, Relativity Entertainment has distribution channels that are not accessible to average medium-sized studios!

As long as the overseas distribution channel is established, and two or three films can be successfully distributed overseas, the value of Embassy Pictures alone is more than half a billion dollars!

But Ronan won't sell, and the issuance will continue to bring in revenue.

Relativity Entertainment is not listed, there is no need to make public performance statements, and Ronan has no plans to make it public, and the success of "Blair the Witch" is the key to such a high income in 1999.

However, he believes that as the company grows and the number of films produced or distributed increases, the revenue will increase every year in the future.

The successful release of "Blair the Witch" brought even more income than investing in the stock market during the same period.

Subsequent investment, combined with the successive investment in videocassette and DVD offline, the total investment of this film is less than $24 million, in exchange for $181.2 million in revenue.

Excluding the small companies that invest $100,000 a year to make two films, but are lucky enough to make no millions in the videotape and DVD markets, Ronan thinks Relativity Entertainment has one of the top profit margins among all the medium-sized studios and above.

The six major Hollywood companies had high net incomes, but profit margins were always low, from 15 percent in the 80s to about 5 percent in the mid-to-late 90s.

This is the data disclosed by the six major companies, all of them are listed companies, whether there is any cat in them, Ronan does not know, I am afraid that only the core personnel of the six major companies know.

Relativity Entertainment has a large amount of money in its hands, and in addition to reserving the necessary liquidity, the rest of the funds can be invested to achieve the greatest value.

Now, Embassy Pictures has initially had an online distribution channel, and Ronan's eyes fell on offline distribution.

The most important aspects of offline distribution are TV broadcasting, rental and sale of video tapes and DVDs, and development of peripheral derivatives.

Today, all the larger TV stations in North America have long been owned by large groups, and their value ranges from billions of dollars to tens of billions of dollars, such as Disney's acquisition of ABC TV, which cost as much as $19 billion.

Of the other three of the four major television networks, CBS is owned by Viacom, NBC is controlled by General Electric, and Fox Television Network is owned by Twentieth Century Fox, a subsidiary of News Corp.

Others, such as MTV, Disney TV, Warner TV, and HBO, also have their own homes.

These traditional TV stations are simply not what Ronan can hope for now.

Reaching out indiscriminately to the field of these traditional media groups, it is estimated that he and Relativity Entertainment will be beaten all over the ground.

In terms of peripheral derivatives development, Hollywood is actually the only one that is really good, and most of the other companies are licensing to authorize character images or other copyrights to other manufacturers, get a valuable licensing fee, and then take a cut from the later sales revenue.

Ronan has no other way for the time being, and can only follow this path with a successful model.

Then there's the rental and sale of videotapes and DVDs, which is Ronan's next goal.

Today, the nation's largest videotape and DVD hire and seller is Pepsi, the company that Ronan sold "Jedi" to raise money for his first trip to Abu Dhabi.

Ronan has done enough to know.

Passcard is the nation's No. 1 videotape and DVD rental chain and is currently owned by Summer-Raystone's Viacom Holdings.

This is also one of the offline distribution partners of Embassy Pictures.

Ronan has no ideas and is powerless about Pestella, and his real target is Netflix, which has been stared at.

The company has grown for more than a year, but its scale has always been limited, and despite the speed of Internet development in North America, the penetration rate is still not high enough.

In addition, due to financial constraints, Netflix has never obtained a large-scale film license, and the number of films it can provide is limited.

The investigative company hired by Ronan sent him relevant reports every week, and although Netflix had built a framework during this period, it was really hard.

Without enough film licenses, it will not be able to attract large-scale users, and without a large number of users, it will not be able to attract investment from investors, and without investment, Netflix will not be able to buy more film licenses.

Now that the stock market has begun to fluctuate, Netflix, as a typical Internet company, will inevitably be severely impacted, and life will be even more difficult.

Ronan told people to keep an eye on Netflix, waiting for the most suitable opportunity.

In March 2000, the Nasdaq Composite Stock Price Index saw a big fall, and then it plummeted, and countless investors lost their money.

Ronan couldn't help but think of the lines from the movie "Wall Street".

"Money is a mean woman who never sleeps, she is naturally jealous, and if you are careless about her, when you wake up in the morning, she may be gone forever. ”