After more than a month of planning and negotiation, Legendary Pictures was officially listed in Hollywood with the joint support of many forces.

It's a day of all the excitement!

It is also an epoch-making day for the development of Hollywood!

Legendary Pictures has a total of six shareholders and a total investment of $360 million.

Among them, Tangen Capital invested 100 million US dollars and is the largest shareholder, accounting for 27.8% of the total share capital.

In addition to these shareholder capital injections, Michael Ovitz also successfully obtained a $140 million debt priority loan from Merrill Lynch, with a repayment interest rate of between 6% and 10%, which is very favorable.

So far, Legendary Pictures has a total of $500 million on its books!

The platter investment plan must be the majority of the producer's investment, and the platter's investment is between 10% and 40%. This ensures that the producer takes most of the risk and strives for excellence, while the platter can also share the investment pressure.

The average investment in Hollywood movies is about $30 million, and a large film company produces about 15-20 movies a year.

In other words, a large film company's annual investment in film production will be between 500 million and 600 million US dollars.

That's really not much!

Just look at how much production investment did Donn Pictures make this year?

"Unsinkable" is $200 million, "Mr. and Mrs. Smith" is $100 million, "The Chronicles of Narnia" is $70 million, "A Beautiful Mind" is $40 million, and "The Drug Web" is $50 million.

Not counting the TV series invested, Tangen Pictures' film investment this year has been as high as 420 million US dollars!

That's just 5 movies!

If you count the "Pirate League" series, which will be established in the spring of next year, the sequel to "Spider-Man" and other blockbusters, the investment amount will be very terrifying!

This shows the difference between the way Down Pictures and other Hollywood giants operate.

Tang En Pictures is Tang En's private property, and he has the foresight to invest in huge blockbusters with confidence!

There is no need for outside investment to share the risk at all.

On the other hand, some movie giants, even Disney, spent $140 million to invest in a "Pearl Harbor", and they have to be very nervous up and down, and they can't wait to pay close attention to this project from Michael Eisner to Aunt Cleaner.

Legendary Pictures has $500 million in book capital, and according to Michael Ovitz, $20 million of working capital is set aside, and the remaining $480 million can be invested in the platter investment plan.

Donn is very concerned about this project, not only because he is the majority shareholder of Legendary Pictures, but also because the "platter investment" model will be a key move for him to dominate Hollywood in the future!

According to the antitrust law of the United States, whether it is music or movies, the copyright share of such entertainment companies cannot occupy one-third of the market.

In other words, a total of 374 films were released in the United States in 2000, and if Towne Pictures released more than 125 films this year, it would have touched the antitrust provisions!

Of course, judging from the current eye socket, no company can release such a large number of films, even if it is Warner, Disney, Paramount and other giants, the annual film distribution is about 30.

But...... What if?

Donn has just entered Hollywood for 4 years, and he has already made a big career, and he can even compete with Disney.

In a few years, who can guarantee that Down Pictures will not rule Hollywood?

On the verge of issuing monopoly clauses, the platter investment model is the best weapon.

Through the platter investment of Legendary Pictures, Don can smoothly participate in the production of films by other film companies.

As Legendary Pictures had more partners, so did Donn's sphere of influence.

If Legendary Pictures and the Big Six all got in touch......

That means that more than 95% of Hollywood's films, Don has the right to participate!

In this way, even if Don Pictures wants to limit the scale of the film field in the future, Don will be able to participate in most of the film production, and he will become a veritable master of Hollywood!

Because movies, it's Hollywood!

Of course, all of this is still only a paper vision for Donn, Legendary Pictures has just been established, and now, the first customer needs to be identified.

Donn flew back to Los Angeles from Boston to talk to Michael Ovitz.

According to Michael Ovitz, Legendary Pictures has $500 million in existing funds and $480 million in available funds, which is not a small amount of money, but it should not involve too many partners.

As it stands, it's better to choose only two partners, sign each contract for two years, and invest $120 million per year in each studio, accounting for 20% of the share.

For Donne, the more partners the better, and if he can pull all six giants into his chariot, then his position in Hollywood will be solid.

However, with a total of $480 million in available funds, short-term contracts will greatly increase the investment risk of Legendary Pictures, and it is necessary to find a balance between the number of partners and the return on investment.

Donn agreed with Michael Ovitz's view, "You can find a movie giant and sign a contract first." The second partner can be found slowly, and whoever gives preferential conditions will cooperate with whom!"

Of course, this also contains Donn's selfishness, as long as the second partner of Legendary Pictures has not been determined for a long time, then those Hollywood giants who want to get financial investment will definitely revolve around him and keep currying favor with him.

"Who are you going to give this first deal to?" said Michael Ovitz as he looked at Don with a smirk.

Say to Michael Ovitz that as long as he succeeds in pulling money from Wall Street, he is equivalent to success!

Don't look at Legendary Pictures, which has a $100 million investment from Donn Capital, and Michael Ovitz's own $80 million fund, but don't forget, this is Hollywood!

The power of Legendary Pictures is in their hands!

Even if the platter investment really fails and the losses are serious, with Michael Ovitz's status and means in Hollywood, it is enough to operate easily, so that Don Capital and his personal funds can be successfully cashed out, and the losses of Legendary Pictures will be borne by Wall Street.

Hollywood's cats, too much!

Especially for foreign investors, there will never be the slightest politeness!

Wall Street is still relatively good, after all, they are all fellow Americans, and in the future, large sums of money from Asia and the Middle East will enter Hollywood...... Hehe, that's the real open-door rip-off!

Therefore, the smooth opening of Legendary Pictures is a profitable business for Michael Ovitz, and of course he has enough respect for Donn, a little friend.

Don smiled, "Recently...... There are a lot of film companies that contact us, right?"

"Needless to say?" said Michael Ovitz, with a proud glow on his face, as if returning to the domineering attitude he had when he dominated Hollywood, "except for Disney, the other five major studios have all made overtures." You don't know, my banquet invitation during this time is so scary!"

Tang En sat in his office, crossed Erlang's legs, and looked very comfortable, "Platter investment is a new concept, I didn't expect those old guys to be quite enthusiastic." ”

Michael Ovitz waved his hand, "Hey, how many people really understand the concept of platter investment?

Tang En glanced at him with a smile, "Our first partner, you already have a number in mind, right?"

"Oh?" Michael Ovitz blinked, "it's okay, I can respect your decision." ”

Don smiled a little strangely, "Michael, you're not honest, I don't believe you can't guess what I think!"

Michael Ovitz was slightly stunned, and then burst out laughing.

"Don't look at the big six in Hollywood, there is only one company that is really suitable for us to work with now. Tang En said lightly.

Michael Ovitz bowed, "Yes, this partner has to match the investment potential of Legendary Pictures, and at the same time provide sufficient back-up support to Down Pictures." ”

Then he took a deep look at Don and said, "It just so happens that Warner Bros. has not had a good time lately. ”

Donn smiled: "In the past, Hollywood fooled other fields, but I didn't expect Time Warner to be deceived by an Internet company......! In order to make up for the loss, Time Warner intends to sell its Warner Publishing Group.

Michael Ovitz said: "The merger of AOL and Time Warner is an asset-light Internet company, and if you want to sell assets to make up for the shortfall, you must sell Warner's related businesses, maybe Warner Publishing Group, maybe Warner Music Group. In a word...... Warner Bros. will not be able to get a penny of capital injection from the parent company in the next few years. ”

Tang En nodded happily, picked up the fragrant coffee, took a sip, and said with satisfaction: "So, Warner is the first partner of Legendary Pictures!"

"That's what I mean!"

Michael Ovitz was immediately amazed.

The merger of AOL and Time Warner has lost $40 billion, but the emaciated camel is bigger than the horse, and Warner Bros. is still the largest movie studio in Hollywood.

In terms of strength, heritage, and influence, Warner has a pivotal position in Hollywood.

If Don Pictures has Warner's escort behind it, and encounters such unreasonable sanctions from Disney in the future, it will have a basic guarantee, and it will not have to work as hard as it has in the past few months.

Moreover, since Donn came up with a "platter investment plan" and issued a ban order to Disney, Warner has also shown enough sincerity.

In the face of Disney's attack, Warner not only did not fall into the ground, but also defended the rights and interests of Down Pictures everywhere, which is human favor.

So in every aspect, Warner Bros. is the best choice for Legendary Pictures' first big client!

"In that case, Michael, I'll trouble you to arrange, and we'll talk to the head of Warner about some details of cooperation. ”

When Donn stood up, he felt that the Hollywood land under his feet was thicker and more stable.