Chapter Sixty-Seven: Growing Wings
While all the media were shocked by Sid's "High School Musical", when all the audience was cheering for the birth of Chris Pine and Jessica Alba, the top icons of this new generation. Pen Fun Pavilion wWw. biquge。 info
The next move of the Fire Lion Group has quietly fallen.
In the first week, "Youth Musical" landed at the top of the North American box office with a score of $45 million, which not only shocked Hollywood, but also made a huge attraction to Wall Street investors whose smell is comparable to that of a shark.
Wells Fargo's exclusive undertaking of the Lion Group's corporate bonds has long been known in the capital markets, but the only question is how much Wells Fargo will value the Lion Group, and what will be the price and yield of the bonds?
It was on Monday, July 5th, after the first week of the release of "Youth Musical". All institutional investors can't wait for an outcome. At 10 o'clock in the morning, a phone call that everyone couldn't wait for rang like crazy.
According to the comprehensive evaluation, Wells Fargo finally gave the overall valuation of the Fire Lion Group - 6.9 billion US dollars!
As a traditional enterprise that has been established for less than two years and is not an Internet company, the valuation of Fire Lion Group has surprised everyone!
But the evidence and data given by Wells Fargo are well-founded, with the four ace reality shows (who can be a millionaire + survivor + noble son Jon + Big Brother), the Fire Lion record of the new generation of little diva Britney Spears, and the Fire Lion Pictures, which has just created "Youth Musical" and announced that it will serialize it.
Even if you don't count the other branches that have not yet created value (Marvel + Blue Sky Animation Studios), the super profitability of the Fire Lion Group has made all Wall Street executives salivate. If there is a choice, of course, they want Sid to directly put the Fire Lion on the market.
But even corporate bonds, now they are hungry!
So when Wells Fargo announced that the Fire Lion Group would release a 20% valuation of bonds, that is, $1.38 billion in corporate bonds, most people's first reaction was that it was too little!
The $1.38 billion bond was finally set at $340 million for three years, $510 million for five years, and $510 million for 10 years.
But either type of bond was immediately popular with Wall Street, and the $1.38 billion worth of bonds was eventually snapped up in just over a week.
This allowed the Fire Lion Group to immediately obtain nearly $1.4 billion in liquidity, which can't help but make a lot of small and medium-sized Hollywood film studios envious and jealous.
Transform capital into wealth, and then wealth into power!
This is the only way for every empire to be built, and whoever can complete this process faster will have the upper hand in the competition and game.
When the Fire Lion Group realized the transformation of the craze and influence of "Youth Musical" into capital and wealth, the power naturally exploded.
On July 8, Fire Lion Records announced that it had successfully acquired its Viking Records from EMI Records for $780 million. Immediately afterwards, Fire Lion Records and Viking Records jointly announced that the debut album and single "BabyOneMoreTime" of the new diva Britney Spears will be released throughout Europe, including Russia, and the Pacific Rim (Australia, New Zealand, Southeast Asia, East Asia) will also follow.
On July 11, Fire Lion Pictures and Fire Lion Records issued a joint announcement that the soundtrack CD of "Youth Musical" will be released in North America on the weekend of that week, while Europe and the Pacific Rim will be released at the same time as the film's overseas release time, and all overseas album CDs and peripheral products will be sold in Viking Records' global record stores.
As "Youth Musical" has taken North America by storm, the number of views on the official website of "Youth Musical" in the week of its premiere has set a new record in North America -- 1.2 million people are online at the same time! As soon as the original CD of "Youth Musical" was released, it was enthusiastically followed by teenagers all over the United States, and the first 500,000 albums were sold out.
The original soundtrack CD of "Youth Musical" landed at the top of the Billboard Movie Soundtrack CD chart, and sold more than 800,000 copies in the first week. At the same time, the 9 singles in this album also entered the Billboard Singles Chart's Top 100. A few weeks later, the Guinness Book of World Records announced that the soundtrack CD of "Youth Musical" is the world's most chart-topping soundtrack album for a movie soundtrack CD – a new world record!
Returning to the movie itself, "Youth Singing and Dancing Youth" continued to cut through the waves and sing triumphantly in the summer season of July. In its second week, it was released on a massive scale and immediately earned a staggering $33 million at the box office. By the third week, the box office had declined, but it still remained at $29 million.
In just 3 weeks, the North American box office performance of "Youth Musical" exceeded 100 million yuan, which is already a level that can only be achieved by A-level blockbusters.
But compared to the $60 million cost of "The Matrix", the $80 million expenditure of "The Mummy". The production cost of "Youth Musical" is only 8 million US dollars, and even if it is combined with the publicity and distribution cost of 20 million US dollars, this film is still far lower than those A-level blockbusters with big production and big investment.
This can't help but make the most authoritative "Variety Weekly" exclaim: "The magic of a Hollywood prodigy once again breaks through all doubts!"
On July 19, AMC Cinemas and Fire Lion Pictures held a joint press conference to announce that the two had reached a preliminary strategic partnership. Going forward, Lion Pictures' films released in North America will be given priority to be released exclusively at AMC for three weeks, and AMC will also guarantee that all of Fire Lion Pictures' films will receive at least 1,500 screens in theaters.
This news immediately shook the seven major Hollywood studios!
If there is any resource that the seven major film companies are capable of standing out from the crowd, it must be their monopoly power over the cinema chain!
The overall number of cinema chains is relatively fixed, and the schedule time that can be released every year is the same. So in this zero-sum game, the rise of any new player is based on damage to existing vested interests. Therefore, the establishment of DreamWorks back then made all the big players extremely jealous, and even their joint suppression.
It is precisely for the same reason that DreamWorks has repeatedly released films through the cranes of Universal and Columbia, which are the tail of the seven major universities, and divided a large amount of its own profits.
But now, the Fire Lion Group has quietly achieved unimaginable rapid growth. By the time they realized this real henchman, the fire lion was already in full swing.
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On Saturday, July 24th, Sid and his bodyguards drove to Ranch Park in downtown Los Angeles. The golf club is a downtown golf course with a carpet of lawns that make you forget you're in the city.
As soon as Sid and his party walked into the Ranch Park Golf Club, a waiter who had been waiting for a long time came to inquire, and while the two sides were still talking, an enthusiastic voice interrupted everyone: "I finally saw you, Sid, you are really a busy man!"
Everyone turned around and looked, Sid couldn't help laughing: "Don't make fun of me, we are a small family of Fire Lion, how can we be busy, how can we not compare with the big studios?", it turned out that it was today's host - Howard Stringer (Chairman of Sony North America)!
Howard (Stringer) couldn't help but feel a little embarrassed when he heard this, who didn't know that now the Fire Lion Group is in the limelight, and Columbia Pictures is the tail of the crane in the Big Seven, and they haven't even had a film at the box office this year that can compare to the North American box office of "Youth Musical".
Whether it's "8mm" starring Oscar-winning actor Nicolas Cage, or "The Soul Shifter" starring Winona Ryder and Angelina Jolie, these two films that have been given high hopes are either barely holding on to their costs or even recovering their costs.
And such films are not an isolated case, almost all the films produced by Columbia Pictures this year (with the exception of one "Fatal ***") are so "miserable". This can't help but make Howard Stringer inherently lose the opportunity to play in front of Sid.
Howard Stringer doesn't know how to answer, but his subordinates can't embarrass his boss.
"Mr. Leon is a joker, it's almost time for golf. It was a middle-aged woman with long blond brown hair who spoke, and Sid glanced at the other party, smiled and said to Howard Stringer, "Then let's go." ”
Howard Stringer, who had returned to normal, also talked to Sid with a spring breeze on his face, and the two sides played leisurely on the golf course, but did not talk about the real purpose that everyone knew was true.
When the Fire Lion Group made a series of big moves in July, it shook the entertainment industry.
If other major studios are still jealous, then there is one that is undoubtedly shocked, and that is Columbia Pictures and its owner, Sony! When Howard Stringer (chairman of Sony North America) received news from the Fire Lion Group one after another, he gradually couldn't sit still.
Until the end, the joint press conference between AMC and Fire Lion Pictures immediately made Howard Stringer make up his mind - he can't sit still anymore!
In just a short period of time, Fire Lion Pictures has made such great progress, it is really not to be underestimated, if it is really delayed until two years later, then whether Fire Lion still needs Sony to release "Harry Potter" has to be said. That's why he couldn't wait to invite Sid to meet in person at the Ranch Park Club.
Howard Stringer was absent-minded, Sid didn't know how to play at all! If it was a popular sport such as basketball and football, he could still play two games, but golf, an "aristocratic sport" for the rich and idle, was really not his cup of tea.