Chapter 388: Something Went Wrong
In order to be able to invite Eric to the premiere of "Ghost Fight", Fox deliberately advanced the premiere to the day before "Ghost Detective", but Eric did not plan to attend the premiere of "Ghost Detective", no matter how sincere Fox was, he would not be able to attend the premiere of "Fight the Eagle", and it was interesting enough for them to use their fame to promote it.
As "Rocky 5", which was produced with high hopes by MGM-Luen Mei and cost as much as 60 million, the release canvas was the most of the three films, but the box office was released in the first weekend, and the results surprised many people.
The most promising "Rocky 5" is the one with the worst results, and the previous sequel to this series grossed $300 million worldwide, so "Rocky 5" has been released on canvas for 2,000 people.
But in the first three days of the weekend, "Rocky 5" only got 14.35 million box office, with an average of less than $7,000 per game, you know, the last sequel "Rocky 4" averaged $15,000 per game in the same period.
Not only is the attendance rate extremely low, but the reputation of "Rocky 5" is also extremely poor, and the box office statistics agency directly lowered the box office expectation of this movie to 50 million, and there is no possibility of recovering the cost, and the media have predicted that this movie is likely to be the end of the "Rocky" series.
±◆ And "Ghost Detective", which was released in more than 1,900 theaters, was only a little better than "Rocky 5", getting more than 15 million box office, but this thriller comedy imitating "Ghostbusters" also did not get too good a good reputation.
In comparison, the most surprising is Fox's "Toy Condor", which can almost be said to be a 'mess' movie that received a lot of scolding from the filmmakers. Even many agitated conservative critics dismissed the film as a blasphemy against a classic.
But unexpectedly. This very novel spoof film form is very popular, but it is popular with a large number of viewers. In the first three days of the weekend, the film got 25 million box office in more than 1,900 theaters, which is just the same as the cost of the film.
So far, Fox has only achieved a box office of 110 million in the summer file of "Die Hard 2" this year, but the production cost of "Die Hard 2" is 70 million US dollars, and the total publicity and distribution is close to 100 million US dollars. Even though the overseas box office was good, "Die Hard 2" did not make much money.
And although "Toy Condor" has Eric's 30% investment, Fox must still take the lion's share, plus overseas distribution and subsequent videotape peripherals, this spoof movie will easily bring in more than $100 million in profits.
Therefore, after the box office came out three days after the opening weekend, Fox immediately announced plans for the sequel.
While Fox was ecstatic, his Hollywood counterparts were in mixed moods, originally "Ghost Detective" did not do well at the box office, and they thought it would be Eric's first Waterloo. But the results of "Fighting Condor" surprised everyone.
I investigated it in detail. Some people soon found out that most of the investment in "Ghost Detective" came from an independent company called Haoxian Film Company, Haoxian Film Company. Hearing this name, most people seem to understand something, and when they think of Eric's Black Ant Film Company, which was suddenly established in the first half of the year, they realize that there is probably a problem inside the firefly.
On the eve of Thanksgiving, after the deployment of more than 600,000 troops in the Middle East, the multinational coalition soon issued an ultimatum to Saddam's government, demanding that Saddam withdraw from Iraq by January 15, 1991.
However, Saddam Hussein immediately gave an extremely tough response to the United States, saying that he would 'fight to the end'.
After the news was revealed, the crude oil futures market began a new round of shocks.
Remembering that the Gulf War broke out on January 17, two days after the ultimatum, Eric believed that even if his little butterfly had instigated something, it would not have been too far off.
In order not to attract too many people's attention, this time Eric did not fly to New York again, but Chris rushed to Los Angeles.
Just as most people did not think that Iraq would use force against Kuwait last time, this time speculators still prefer that the war will be as protracted as the previous two wars of the United States, and if this happens, the price of crude oil will soar again, so after the ultimatum is issued, speculators have begun to build up large long positions.
Chris didn't have much doubt about the bearish view of Eric and others this time, but the situation this time was also very different from before August, when crude oil prices had been rising slowly until Iraq invaded Kuwait and then soared to a high of $40.
But now, in the face of an imminent war, the crude oil futures market will become more unpredictable, and there are still two months between now and the outbreak of the war, during which any sensitive information released by either Western countries or Saddam's government may lead to a sharp rise or fall in crude oil prices, and then using the original 10 times leverage is tantamount to death.
After some discussion, the two men unanimously decided to use $2 billion to use the relatively safe five-fold leverage, and the remaining funds to be used as a reserve deposit.
On the one hand, this minimizes the risk, and on the other hand, Eric wants to put all the money into it, but the scale of the futures market is so large, and five times the leverage to support $10 billion is already the limit. If billions of dollars were to be invested in high leverage, there would be no banks to guarantee tens of billions of dollars.
Chris left after two days in Los Angeles, and Eric focused on the most important thing. Even when he was celebrating Thanksgiving with Drew's little girl, Eric didn't stop to deploy.
Although the federal government mandates a one-day Thanksgiving holiday, companies typically have a holiday from Thursday to Monday. Fireflies are no exception, and Thanksgiving Day in 1990 falls on November 22.
Monday, November 26th.
Because of the release of several new films on November 22nd and 23rd, the box office of "Rocky 5" fell by as much as 55% in the second weekend, and only received less than 7 million box office, and the decline of "Ghost Detective" was also close to 50%, this film with an investment of 40 million is likely to lose money, but "Toy Condor" still won 16 million box office in three days of the second weekend under the attack of several new films, and the total box office has reached more than 47 million.
It happened to be the Firefly's year-end meeting, and when he arrived at the company early in the morning, Robert Shea was keenly aware that something was wrong with the atmosphere of the company, and he thought it was a mockery of his "Ghost Detective" box office failure, so he used the excuse to throw a tantrum at a staff member.
At nine o'clock, when everyone arrived, the meeting officially began. (To be continued......)