Chapter 487: Business Upgrades
Los Angeles Beverly Hills, in a luxurious meeting room at the Ritz-Carlton Hotel.
Attorney Dinah Ampton laid a copy of the contract flat on the table and nodded lightly to Ronan, who picked up the pen and signed his name on the contract.
On the other side, Takuya Matsubara, president of the long-term credit bank of the island nation, also signed the contract.
The two stood up to exchange contracts, and then their hands clasped tightly together.
There was warm applause in the conference room, and everyone congratulated the island nation on its long-term cooperation with the Pacific Film Foundation.
Takuya Matsubara smiled and said, "Mr. Anderson, the precision of your investment vision is impressive. ”
Ronan was similarly smiling: "We are responsible for every penny invested by every client. ”
Both were very satisfied with the cooperation between each other and shook hands again with a smile.
In business cooperation, the pursuit is nothing more than profit, and both parties can achieve their own full land, which is naturally satisfied.
After the signing ceremony, Ronan invited the long-term credit bank team led by Takuya Matsubara to visit the Pacific Foundation, Shahai Entertainment and Relativity Entertainment, and took them to several crews filmed in Los Angeles to have a look, and held a banquet to entertain the group in the evening.
This time, on the basis of the original basis, the two sides reached an investment cooperation agreement of three years each, for a total of three phases.
However, compared with the last time, under the negotiation of Scott-Swift, the amount of investment per phase has increased significantly.
The minimum investment amount of the long-term credit bank of the island nation is not less than US$300 million per phase, and there is no upper limit on the investment, and for Ronan and the Pacific Film Foundation, the more the better.
The interest on the financing is the same as on the previous contract.
The long-term credit banks of the island countries are also financed by financing, and their business policy has always been to earn the difference between the loan and the loan.
Although the Island Long-Term Credit Bank has other investment operations in North America, it is not successful, and the cooperation with the Pacific Foundation is a rare bright spot.
In addition to this investment, the focus of Long-Term Credit Bank's investment is actually on Wall Street, and according to what Ronan has learned, this business seems to be caught in a Ponzi scheme.
Of course, there are no people who deliberately cheat long-term credit banks, and such investment institutions that frequently participate in international cooperation are completely different from companies in relatively closed countries, but they still do not hesitate to get involved in them.
There is no other reason, the high returns are too attractive.
For example, there are some Wall Street companies that have a fixed annual return on investment of 10 percent, which is a very unbelievable rate of return.
Not to mention shopping mall veterans and established investment companies, people with a little sense know that financing companies with a fixed annual return on investment of 10% are very likely to have problems.
Not even 10 percent, but with an annual return on investment of more than 5 percent, you have to be careful and careful.
How can these people or companies who crisscross the shopping mall not understand such a simple truth, but high profits always move people's hearts, and they always firmly believe that as long as they control the timing of entering the market, someone will take over later.
Then, they were greeted by a tragedy.
The fact that the island nation's long-term credit bank's investment in Wall Street fell into a Ponzi scheme underscores the importance of the partnership with the Pacific Film Foundation.
On the third day after signing the contract with the long-term credit bank of the island country, Ronan signed their respective investment cooperation agreements with several entertainment companies and investment institutions in South Korea on behalf of the Pacific Film Foundation.
The Koreans were particularly up-to-date, and this time they brought a few actresses, but Ronan politely refused.
On the one hand, these beauties who have obviously been artificially processed, no matter how you look at them, look like they are carved out of a mold, and the quality is much worse than the three when they went to Korea.
And Ronan is now in a hot fight with Scarlett Johansson, although Scarlett Johansson has also used knives on the nose and other parts, but on the whole it can be regarded as natural, accustomed to natural, and lacks interest in artificial nature.
On the other hand, Ronan also has more work at hand.
With the continuous expansion of financing channels and the further increase in the amount of financing, the investment business of the Pacific Film Foundation must be upgraded from a simple film investment fund to a financial investment fund with a wider range of business.
The review in this regard is far stricter than that of ordinary film investment foundations, and with Ronan's current conditions, it is not difficult to pass the review, but there are some procedures that require the presence of all the people of the foundation.
The upgraded foundation can invest in more industries.
This is also in response to the next expansion of Relativity Entertainment.
If the company wants to develop further, it will undoubtedly need more capital.
"You have contributed a lot to these two negotiations. Ronan also gave Scott and the Foundation staff corresponding rewards: "Scott, the financing work cannot be relaxed, the development of Relativity Entertainment, more funds are needed." ”
Scott Swift said: "I understand. I've just been in contact with a couple of investment firms in South Africa and will be flying to Johannesburg next week to continue the talks with them. In addition, I have never broken contact with two Israeli companies, and although they have some doubts about us, I am confident that I will get investment from them. ”
Ronan nodded lightly: "We don't care which country the investment comes from, the investment of the Arabs is money, the investment of the Jews is the same as money, if I can, I have no problem with the investment of India and Pakistan together." ”
He solemnly reminded: "But there is a point. Scott, the source of funds must be legitimate, we have entered a period of stable development, and illegal funds will only bring us huge trouble. ”
Scott Swift said seriously: "I know that illegal money can't get past me in the first place. ”
Ronan actually knows that there are a lot of shady investments in the film industry, Hollywood has been slightly better in recent years, and in many places where entertainment laws are not standardized, the film industry is simply a weapon for money laundering.
Involving the Pacific Foundation and Relativity Entertainment in a money laundering scandal would do more harm than good.
Now his company doesn't have to take such a risky path.
Many commercial companies, when they first start their business, always have a situation of playing the side ball, but smart people, when the company is a little stable, often turn to operate within the rules of the game.
Before Scott Swift left, Ronan added: "I have $15 million transferred to my personal foundation's account, and you continue to invest in companies like Amazon and Apple. ”
"No problem. Scott answered.
Ronan never put his eggs in one basket, his personal investment is more about asset preservation and appreciation, although he lives a luxurious life, supporting hundreds of thousands of dollars every month, but his expenses are not high relative to his income.
Shortly after Scott Swift left, Connie knocked on the door and walked in, saying, "Director Ang Lee just had an invitation to have a party in Los Angeles next month, and he wants to invite you to it." ”
Ronan took the invitation letter handed by Connie, looked at the specific time, and found that there was still more than half a month, and said: "You call Ang Lee, I can't determine the schedule for the time being, and I will give him a clear reply a week before the party starts." ”
Connie made a note of it, turned and left the office.
Ronan put away the invitation, roughly understanding Ang Lee's thoughts, sending the invitation so early was nothing more than wanting to inform him as soon as possible, so that he would have enough time to adjust his schedule.
Ang Lee has been having a hard time lately, and holding such a party has not strengthened his own prestige and listened to the latest views of him as a director in the lower circle.
"The Incredible Hulk" really hurt Ang Lee's vitality.
This superhero movie is definitely a typical example of a high-to-go low-turned, and after a decent weekend box office in its first weekend, it began to plummet like the Nasdaq stock market in 2000, and has now been in theaters for more than seven weeks, with a total of $112 million at the North American box office.
The film's overseas box office is also very poor, and the global box office has not exceeded $200 million so far.
For a top-tier blockbuster that cost nearly $140 million to produce and spend more than $70 million on publicity and distribution, there's no doubt about failure.
And the box office is far from meeting expectations, not the most terrible, the most terrible thing is that the film's reputation from the audience to the media to other aspects has collapsed.
This will seriously affect Universal's offline operation of "The Incredible Hulk".
For a commercial production like this, which has failed at the box office and word of mouth, which TV station would pay a high price for the TV broadcast rights? Who can expect the DVD release to get eye-catching data?
The pressure on Ang Lee is so great that you can imagine it.
It can even be said that this film makes Ang Lee not a human inside and out.
Universal Pictures has an opinion about Ang Lee, the crew led by Eric Barna blames Ang Lee, fans think that Ang Lee was carried away by the Oscars and irresponsibly made a bad movie, and Hulk comic book fans are said to have sent a letter of protest directly to Ang Lee.
Ronan also received a private message from Avi Arad from Marvel Comics that if Shahai Entertainment uses Ang Lee as the director to shoot Marvel superhero movies, Marvel Comics will not hesitate to issue the strongest public protest.
Fortunately, Ronan never had the idea of having Ang Lee direct a purely commercial blockbuster.
Movies within the cost of 20 million US dollars, Ronan can let Ang Lee shoot casually, he has such value in his own right, but as soon as the investment is high, it must be limited.
There was another knock on the door, this time it was Scarlett Johansson.
Somewhat unexpectedly, Scarlett Johansson was still carrying a briefcase, as if she had business to talk about.
"Didn't disturb your work, did you?" Scarlett Johansson pulled out a chair and sat across from Ronan, grinning, "I'm looking for you for something, do me a little favor." ”
Ronan nodded, "Say it." ”
Scarlett Johansson opened her briefcase, took out a script from it, and pushed it directly to Ronan: "I received an invitation, commercial film, actress. But I'm not sure if I want to pick it up, can you help me take a look?"