Chapter 149 Shareholding
Daniel waited for Peter to scold Robert Shayer and New Line Films, the company owned by Bitch, before Daniel spoke.
"The movie was made, but now you have a large number of loyal fans, and the new line can't be completely ignored, don't they plan to back down at all? What are their conditions now. β
"Fifty percent of the bills will be settled by the end of this year."
Daniel's shamelessness with the new line is indeed a bit underestimated. Big production companies are so shameless and unscrupulous in bullying people.
The settlement of the theater chain and the distributor is according to the account period, which may be a month or a quarter, but at the beginning, it is generally a month, or even two weeks, because the number involved is relatively large, and it is not surprising that the distributor has requirements.
And, most importantly, it's a big profit, not a loss.
"What is Robert's reasoning? I can't tell you directly that I won't give you money until the end of the year. β
Peter's nose was smoking.
"Saying that the three films were filmed together, the financial pressure on the new line was too great, and they needed to wait until most of the income from peripherals, DVDs, TV broadcast rights, etc. was in place before they could give me the money. It's best to wait for the second part to go live. β
But the content opened its mouth.
He was aware of Peter's contract with the new line, although it was not explicitly split according to the theater line's account period - and generally speaking, the weaker party was unlikely to make such a request, and it was common for studios to retain funds for a period of time. But Peter also feels that it is impossible to agree to calculate the account according to the investment of the three parts, which is simply ridiculous, the new line investment is nearly 300 million, if you want to recover this investment, all the income of the first part may be equal, after all, there are channels and terminals around to be divided, the box office has a theater to share, and the distribution costs are also in addition, especially for foreign distribution, different national policies are different, and the cost is also different. Even with the revised box office forecast of Shanying Company, 310 million in North America and 850 million in the world, the new line can make limited money. Logically, Peter was more limited.
This is simply bandit logic.
"What do you need me to do?" Daniel originally received a conditional request for help, but talking about it now, it doesn't seem very noble.
Fortunately, Peter was a good man.
"What do you think of the conditions I said?"
Daniel blinked, "As much as I'm greedy for Weta, I'm a bit of a robbery. β
"Don't put a top hat on me, Weta does get some praise now, but Richard and I are a little bit struggling to keep the company going, you know that although the budget has been coming into the company, the company itself still needs a lot of expenses, and if the new line doesn't pay Weta to the fullest, we may not be able to continue."
Daniel felt that this was unlikely, and if Weta really came this far, the new line would not insist on paying the bill until that time, all because the second and third parts of "The Lord of the Rings" are still in production, not just filmed, and for the "Lord of the Rings" series, the post-production is also quite important. In particular, Andy Serkis' character of the hobbit monster Gollum represents a leap forward in special effects technology - motion capture, which captures the expressions and movements of real people to create a computer-generated image, which is Vita's originality.
But Daniel wasn't going to tell the truth, and Peter wasn't necessarily going to think about it.
He and Richard made the decision, and I am afraid there are other reasons - this promising industry, it is more important than anything else to be able to take the initiative, and Peter is a little more satisfied with Daniel and his DD Pictures than to bring in some unrelated investment.
Yes, that's what Richard Taylor and Peter did.
Daniel acquires a portion of Richard and Peter's shares and becomes a shareholder of Weta Digital.
The upper limit of the ratio is 20%, and the offer is 6 million - so Weta Digital has a valuation of 30 million, which is fair after the big win of "The Fellowship of the Ring", but it is not cheap, a company and an actor are a bit like it, with "The Lord of the Rings" is all the rage, but then there is not necessarily a good development - Daniel and Weta are now facing such doubts.
Daniel doesn't have a problem with the price, though.
Special effects are the trend of the future, not to mention Weta Digital, who used to be in charge of "Avatar", it is really cost-effective.
After a brief discussion, Daniel's investment manager - not DD Pictures, but Daniel's investment manager Raymond. Because Daniel didn't plan to get involved in the company, there was no need to involve DD Pictures in the industry. What's more, David will not agree to let DD Pictures talk millions to mix with Weta Digital in Wellington. Raymond's team will take care of the follow-up investment.
"Six million can last for a while, but your plan is to take me with you to collect debts after I buy shares?"
"That's every shareholder's responsibility, isn't it?"
Peter Jackson looks much better now.
Daniel did not refute, Peter was right, if Daniel became a shareholder, there was no need for Peter to say more, he would also try his best to get his money back from the new line, yes, his own money.
β¦β¦
When the Oscars were about to open, the popular "Lord of the Rings" for technical awards could be said to be in the news, before director Peter Jackson and New Line Company had a public conflict over the division of accounts, and fans were worried about whether the two subsequent films that had been filmed could ensure the quality and then release in time. But before the concrete outcome of the public case, a rather shocking depth charge exploded.
Daniel Sandler takes a stake in Weta Digital.
Many people are very interested in Daniel's investment in "Pirates of the Caribbean", and the news of various sources is basically concentrated in the stock market, the energy of these media is quite strong, although Raymond's operation is complicated, but there is no problem in determining a general content. Among them, there are more powerful ones, and there are also speculations about Apple and Microsoft, but they have not been confirmed by the source, and they are just speculations, but the investment of blogger and MB is basically not detected because it is not listed.
This stake in Weta Digital can be regarded as the first wave of Daniel's side investment, DD Pictures is basically not counted, well-known actors have their own studios, and some kind of Cheng dΓΉ is on the way to cooperate with his acting work, not to make money. As for investing in a post-production company for special effects, this must be a serious investment.
What's more, this is still the later company of the popular "Fellowship of the Ring", and Peter became a colleague.
In such a momentum, the connection between Daniel and the new line is very interesting.
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I'm starving, I've got to cook, I'll keep it up later, thank you, my fan list is finally filling up with apprentices