Chapter 442 Revenue 3 billion

By the end of the year, there was a sensational event in Hollywood, which had even risen to the height of the federal power structure, the soundness of the law, and congressional hearings - the problem of pirated discs!

This incident has almost united the whole of Hollywood, and all parties have mobilized all their connections and resources to protest to the government.

Disney's animated film "Monster Electric Company" has only been released for a week, and pirated discs have been sold on the side of the road, and in "The Chronicles of Narnia" and "The Lord of the Rings", the number has increased.

The influence of these two movies is too great, and there are even scenes of blocking the road to peddle pirated CDs, which is a blatant violation of the law on the street, no different from a street robbery!

In this regard, the Motion Picture Association of America filed a lawsuit with Congress, requesting investigation and rectification.

The Federation also quickly responded and informed Disney, Warner Bros., Universal Pictures, Paramount, Columbia Pictures, MGM, and Twentieth Century Fox to prepare and actively cooperate, and the Federation has sent a task force to investigate.

As the hottest film company in the limelight in the past two years, Tangen Pictures was not on the list!

From an official point of view, the Motion Picture Association of America is the representative of Hollywood, and no matter how much money and classic movies are made by Down Pictures, it is still difficult to reach the top of the list.

Done's reaction was relatively flat, and he just settled down.

"Juno" is about to be released, this is the first film produced by Rose Pictures, and it is also the first feminist film launched by Donne, even if it is niche, it must be taken seriously.

Donn has sent invitations to all five major women's rights organizations in the United States to hold a special screening when "Juno" is released to promote women's rights.

In addition, it is already the end of the year, and it is time for the year-end summary.

At its peak, the STA television network had 15.8 million subscribers! After the broadcast of "Band of Brothers," the number of subscribers dropped slightly, to less than 15 million.

But this will not affect the huge subscription revenue that STA receives from Comcast - excluding 8%-10% of the operating commission, a total of $580 million!

You know, the subscription revenue of STA TV Network in the first half of the year was less than $60 million.

As for the film industry......

This year, Don Pictures has three films released: "Unsinkable", "Mr. and Mrs. Smith", and "A Beautiful Mind", and all of them are in theaters.

Counting "Chainsaw", "Drug Network", and "Soul Shifter", which were still in theaters at the beginning of last year, this year, Down Pictures has received a total of $850 million in box office revenue in the box office market!

As we all know, the peripheral income of the film is the big one, and the peripheral rights of "Unsinkable" and "Mr. and Mrs. Smith" are still under development, with Universal Pictures as a middleman, and the specific financial situation will not see the results until next year.

However, at present, Tang En Pictures has obtained the peripheral income statements of several movies last year, including "Spider-Man", "Soul Shifter", "Chainsaw", and "Poison Web".

These four films have received a total of $1.28 billion through peripheral products, discs, paid on-demand, TV broadcast authorization, etc.!

Among them, "Spider-Man" alone contributed 90% of it!

Disc sales revenue was US$210 million in North America and US$90 million overseas, disc leasing revenue was US$45 million in North America and US$17 million overseas, pay-per-demand revenue was US$56 million, North American TV revenue was US$110 million, and overseas TV revenue was US$80 million......

It is worth mentioning that the toy sales of "Spider-Man" are very hot!

One of them, the one-person tall simulation "Spider-Man", which sold a whopping $150, sold 22,000 units within 12 hours of its launch, and the total sales in the past year exceeded 560,000 units!

In the past year, the sales of "Spider-Man" merchandise reached $1.67 billion!

Compared to the strong sales performance driven by "Star Wars Episode 1: The Ghost Man Menace", it is only $280 million less!

In terms of revenue from peripheral products alone, Tange Pictures got $540 million!

That's the true power of Spider-Man!

In the previous life, the Sony Group fell into bankruptcy for a time, and it was Sony Entertainment's outstanding performance that saved Sony.

Sony Entertainment relies on Sony Pictures, Sony Pictures relies on Columbia Pictures, and Columbia Pictures relies on the "Spider-Man" trilogy!

So much so that Sony, the once invincible electronics giant, once discussed internally to complete the strategic tilt, cut the electronics department and the game department, and transform into an entertainment company.

Throughout 2001, including Marvel Entertainment, Marvel Studios, STA TV Network and many other subsidiaries, the total revenue of Down Pictures reached 3.02 billion US dollars!

Of course, there are also a lot of expenses, and Don is very handy.

In terms of investment in the production of TV series, movies, and cartoons, it has reached 1 billion US dollars.

In addition, in order to develop the STA television network, he also spent a huge amount of money to acquire the TV rights of many movies, and spent another $130 million to order three planes in the name of Down Pictures, which were distributed to the president of Down Pictures, the president of Marvel Studios, and a public business jet, plus the salaries of employees and dividends to major guilds......

Over the course of a year, Don Pictures' spending has also reached $1.73 billion!

Of course, that's not all.

After more than two months of negotiations, the acquisition of IMAX has been basically completed.

Compared to IMAX's stock price of only $1.1 at the time, the stock price has now risen to $2.3 due to acquisition rumors, and Towne Pictures, led by CFO Brandi Norris, continued to raise prices, and the price of $3.5 per share finally satisfied the appetite of IMAX shareholders.

In addition to the $180 million transaction price, Towne Pictures also has to take on more than $40 million in debt from IMAX, with a total transaction value of $220 million!

Because it is a listed company, the approval of procedures and the withdrawal of retail investors are more troublesome, and it is estimated that the entire transaction will be completed within half a year.

IMAX, which originally had a market value of only $60 million, needed $220 million for Towne Pictures to complete the acquisition, which caused a lot of criticism within the company.

Especially Natalie's mother, Shirley Hirschler, the former treasurer of Donn Films, has a lot of complaints.

Obviously, she didn't like to parachute a boss in a finance business.

But Donn and Chief Financial Officer Brandi Norris are both full of praise for the deal.

"imax has developed a new DMR technology and is applying for a patent, which is expected to be approved in February next year. When this technology is launched, IMAX's revenue and market potential will be greatly improved. "Brandi Norris is very pleased to have successfully completed this acquisition when he first joined Done Films.

Don was even more satisfied!

DMR technology is mainly able to convert the ordinary version of the movie into an imax version.

This technology, almost a revolution!

Let the IMAX giant screen have more possibilities to enter ordinary cinemas.

Because everyone knows that a bigger screen means better viewing enjoyment!

There were very few IMAX screens in the past, and the main reason was the lack of enough IMAX movies – shooting movies with IMAX cameras, it was too painful!

However, as soon as DMR technology is launched, it will immediately change the status quo, making the imax giant screen from the edge corner of the cinema to the mainstream vision, and becoming a hot trend for new movie-watching experiences in the future!

It can be said that Tangen Pictures spent $220 million to acquire IMAX, which is not too expensive, but a bottom-up!

If we wait for the DMR technology to be launched before acquiring it, I am afraid that the price will have to double.

"What about Dolby Laboratories, so difficult?" Donn asked, frowning.

Brandi Norris said: "It's a problem with the family business, Dr. Dolby is old, but he wants the company to be inherited by his son. Dolby Laboratories was his life's work, and he didn't want to sell it to anyone else. ”

Tang En said in a deep voice: "He is not afraid of stepping into the footsteps of Wang An's laboratory?"

Brandi Norris shook his head and said: "This is different, Dolby Laboratories has relatively little business, and Dolby Jr. is also a scientist, and he has been responsible for his business dealings in recent years, and he has done a good job, not a gentleman, unlike Wang An's son." ”

Tang En pondered for a while, and said categorically: "No matter what, we must take Dolby Laboratories......! We can make some concessions!"

Towne Pictures now has too much money, and Towne Capital injected $7 billion into the company's profit of $1 billion this year. In addition, Towne Pictures now has almost zero debt, and if it borrows, it can get at least $5 billion in cash.

By 2002, there were a few big deals!

Brandi Norris said, "Actually...... It's not hard to buy Dolby Laboratories, and I've already said the key point, Dr. Dolby values control of the company in addition to money. ”

Don narrowed his eyes and pondered the achievements of Dolby Laboratories under the leadership of Dolby Jr. in his previous life.

Very good!

Dolby Laboratories went public in 2005 with a market capitalization of $2 billion, and under Dolby Jr.'s leadership, the company has grown and its market value has soared, once exceeding $7.5 billion.

What's more, Dolby's brand value is very large, and through continuous innovation of technical means, the movie-going experience in the cinema is getting better and better.

The contribution in this regard is even greater than that of IMAX.

Donn nodded, "Do you know the pattern of Warner and New Line?"

"Huh?"

Brandi Norris is a financial elite, not a Hollywood insider.

"The new line was acquired by Warners, but it has always maintained its independent operations, not only financially, but also businessally. The two parties signed an agreement that Warner could interfere in the internal affairs of New Line Pictures only in one case. ”

Brandi Norris immediately suddenly, "When New Line Pictures has a major strategic mistake and a big loss in performance!"

In the previous life, New Line Pictures invested heavily in the commercial blockbuster "Dark Materials: The Golden Compass", which failed miserably at the box office and suffered serious losses, before Warner took back the right to operate.

Don smiled: "That's right, Don Pictures is a film company, and we will provide Dolby Laboratories with a rich base of film sources to help its business development, such as DMR technology." As long as Dolby Laboratories can follow a correct, fast, and innovative development path. ”

Brandi Norris said solemnly: "If that's the case...... Dolby & Sons are just fine!"()

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