Chapter 883 Insurance Business

The scene in New York is simple, it's an appetizer.

When you get to Atlanta, dinner is coming.

Don didn't have time to be distracted by other things, and began to devote himself to the movie, and every night in the routine meeting, not less than once.

At eight o'clock that night, in the conference room of the hotel, the production and director teams of "The Avengers" gathered to discuss the shooting plan for the day after tomorrow, which is the common "T+2" mode in Hollywood.

After coming up with a detailed plan, it will be sent to the whole crew after the filming is finished tomorrow, so that everyone can go back and prepare at night.

Tomorrow's shooting plan was set last night.

"Now that everyone is here, let's get started. ”

After filming for a day, Tang En was also quite tired, and when he saw that everyone had arrived, he was concise and to the point, planning to solve it quickly.

Fortunately, there is real-time preview technology.

Otherwise, it will be more tiring to spend a lot of time at night to watch the daytime shooting.

"Donn, wait. ”

Nina Jacobson whispered a reminder.

"Huh?"

"The insurance company hasn't arrived yet. ”

Done's face sank, "Late again?"

Nina Jacobson was a little helpless, "Maybe I'm used to it." ”

"Accustomed to their faults!" Don was a little angry, "which insurance company is this?

The room full of people pouted secretly.

This big boss has a really big temper and dares to fight with the insurance company!

For the past two decades, insurance companies have been a detached presence in Hollywood.

It is the biggest tool for capital to infiltrate Hollywood, even more powerful than the functional attributes of banks.

But then again, he's Donn, and he has the qualifications!

In the past, Hollywood's financing methods were relatively simple, and most of them were financial means. For example, pre-sale copyrights, and then through pre-sale mortgage contracts, loans from banks.

The bank does not have a film department, and they cannot determine the true value of this mortgage contract.

This requires a third-party guarantee, which is the insurance company.

To put it bluntly, the insurance company assured the bank through its understanding of Hollywood that the film would definitely be finished and would not die halfway. The pre-sale contract will definitely be cashed out, and the bank will definitely be able to get back the principal and interest.

In this process, it is the insurance company that bears the biggest risk.

Once the film goes wrong, the producer's loan from the bank needs to be compensated by the insurance company. And once the insurance company loses money, it will take over from the producer and become the copyright owner of this film project.

Then, the insurance company sold the semi-finished project to other film companies so that they could continue to complete it.

This is a very complete set of financing processes for the film industry.

In order to make the film finish as expected, the insurance company will send a special person to monitor the progress of the film project in real time, and the budget cannot be overrun.

This has an advantage, it prevents the crew from being suspected of hurting investors, and the absurdity of tens of thousands of dollars for a prop knife and hundreds of thousands of dollars for a prop gun cannot happen.

The bad thing is that the insurance company's intervention in the movie is too much.

Every budget expenditure of the film must be signed by the insurance company before it can be cashed in.

If the producer and director want to shoot a high-investment shocking shot, but the insurance company thinks the cost is too high and refuses to sign it, then it must not be filmed!

Why is Hollywood infiltrated by Wall Street? It's because of the financing guarantee system!

This is called the "Completion Guarantee of the Film".

This is also the reason why Donn proposed "platter investment", which is so favored by Hollywood industry peers.

Everyone has long had enough of insurance companies' intervention in filmmaking.

Although the investors of Platter Investment Company are also from Wall Street, the controllers are industry insiders.

For example, Michael Ovitz of Legendary Pictures.

It's much better to have Michael Ovitz oversee the production of the film than for an insurance company to randomly send a layman of five or six people.

It can be said that once the "platter investment" is proposed, it is equivalent to cutting off most of the financial channels of insurance companies and the power to infiltrate Hollywood.

However, it is still impossible to completely eliminate insurance companies.

For example, "The Avengers".

The film investment budget is 200 million US dollars, and there will be a reserve of about 15 million yuan, just in case.

However, this is an action movie.

When filming action scenes, there is a great risk of injury.

You have to take out insurance.

Rao is that Marvel Studios has introduced a series of rules to reduce trouble, such as prohibiting core actors from starring in any dangerous action scenes.

Deadly filming methods like Tom Cruise and Jack Chen are not Marvel's gameplay.

Tom Cruise's action scenes and Jack Chen's kung fu martial arts are the conscience of the industry in this world, and the biggest attraction is "real", which must be filmed in real time.

Marvel's movies are different, it doesn't matter if it's true or false, the biggest selling point is the coherence of the plot and the whimsical superheroes.

However, even if you use a stuntman, you still need to be insured.

It is not uncommon to shoot dead people in action scenes.

In case of an accident, even a stuntman can make Marvel Studios bleed.

Buying insurance is an inevitable choice.

Not only that, but the core cast ...... For example, Iron Man, Ant-Man, Spider-Man, if there is a headache and brain fever that delays the filming schedule and causes a waste of costs, these are all within the scope of insurance.

Now that the insurance company is insured, the insurance company has to send someone to assess the risk and supervise the operation process of the film project, so as to avoid the situation that the insurance company is "framed" by the production company.

This is called "Movie Cast Guarantee".

For example, Nicole Kidman injured her knee while filming "A Beautiful Mind", which delayed the schedule, and the insurance company paid $3 million for it.

Last year, Nicole Kidman took over the project "Enemy of the Machine", working with Will Smith, with a production budget of up to $120 million!

It's an action drama.

During the filming, Nicole Kidman suffered a recurrence of his knee injury, which almost led to the miscarriage of the entire project. In the event of such an extreme, the insurance company could pay $120 million for it!

Fortunately, after Nicole Kidman raised him for half a month, she made a comeback and insisted on finishing the movie.

The insurance company paid $15 million for it.

That's the equivalent of $1 million per day.

It can be seen that Hollywood hates insurance companies, but they can't do without them at all.

On the surface, it seems that "cast insurance" has less influence on film production than "financial insurance", but in fact, it is not small at all!

In his previous life, David Fincher filmed "The Girl with the Dragon Tattoo", and the insurance company thought that the film was too dangerous, involving motorcycles, snowboards, fights and abuse scenes, and most of them were filmed in foreign countries, which could injure the actors, and the risk was too high.

In desperation, David Fincher had no choice but to revise the script.

In his previous life, Robert Downey Jr. was an addict, and no insurance company was willing to cover him, resulting in him not receiving filming at all for a few years.

Later, it was Mel Gibson, the big brother who is very righteous in the industry, who personally came forward to vouch for it, and was willing to take risks, which solved Robert Downey Jr.'s problem and gave him the opportunity to perform again.

Robert Downey Jr. in this life, naturally no longer needs Mel Gibson to come forward.

However, when he filmed "Iron Man", he still paid a huge price, and 40% of his $3 million salary was handed over to the insurance company as the sum insured.

In addition to the film completion guarantee and cast guarantee, there are also error guarantees, conventional guarantees, and so on.

In short, the entire film and television industry in the United States creates a total output value of more than $450 billion a year, of which the insurance business can reach a scale of $20 billion.

It's a very large ancillary industry related to film.

"The Fire Fund Insurance Company is Hollywood's largest insurance partner, and more than 80% of Hollywood movies are underwritten by the company, which is a powerful company. ”

Nina Jacobson sat in Donn's ear and whispered.

"Mighty, ridiculous! This is Hollywood!" Donn couldn't help but sneer.

On the territory of Hollywood, can insurance companies still dominate?

It's just nonsense.

The cooperation between the two sides is profitable, which is naturally a good thing.

However, if the insurance company dares to override the head of the film company because of this, it is a mistake on top of a mistake!

Lei Shidong can be defeated by him, not to mention what fire insurance fund?

Even Allianz, the parent company of Fire Fund Insurance, can't! (Allianz is the title sponsor of Bayern's home stadium, Allianz Arena. )

The people from the insurance company were late for two days in a row, much to Donn's displeasure.

Just as he squinted his eyes, as if he had made up his mind about something, the insurance company man finally arrived.

A man and a woman walked into the conference room, talking and laughing.

One is the head of the insurance company's medical team, and the other is the insurance company's out-of-control alert representative.

"Sorry we're late......"

"Does an apology help?"

Tang Encai didn't care about that, and slammed it back.

With Tang En's current status, there is no need to treat the people of the insurance company as gods like other people in Hollywood, even if the chairman of Allianz Group sees him, he has to be humble and humble!

Two low-level wage earners dare to be late for two days in a row, who is this to throw face?

The man and woman from the insurance company were stunned for a moment.

They have been working in Hollywood for more than ten years, when have they ever seen such a rude film director?

However, the other party is Done Walker......

"Mr. Walker, I ...... I'm sorry, I'm really sorry, we were just reviewing today's ......"

"Okay! I don't have time to listen to your nonsense! I want to stay, just stay honestly. If you don't want to stay, get out of here as soon as possible! Hollywood is not only an insurance company!"

"Huh, Mr. Walker......"

"Okay, let's have a meeting now!Study the shooting plan for the day after tomorrow......"

Don ignored the two people from the insurance company who were suddenly flushed, although he was rude, but the other party's arrogance and carelessness deserved it.

Even, his mind is alive.

Insurance Business ...... It's really an indispensable part of the movie.

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