Chapter 266: The Financial Crisis Erupts
Time passed day by day.
The script of Warcraft was completed surprisingly quickly, and after breaking through his knowledge barrier, Lin Xiao quickly found out the previous four-star script, revised it again for a few days, and finally affirmed this script.
Perhaps it was telepathy, on the day he completed the script, in September 2008, the two houses officially announced that they would be taken over by the U.S. Federal Housing Finance Bureau and completely withdraw from the New York Stock Exchange.
One stone stirred up a thousand waves, and everyone smelled something wrong.
The financial markets have panicked, and Hollywood, the Big Six have unwittingly canceled several big projects in the pipeline.
"Minister." In Warner Bros., a black woman handed a document to the man, her brow furrowed, "Harry Potter's advance has been blocked for the third time, and it says it still needs to be studied." ”
"Still want to study?!" The minister, a fat white man with a small and thin golden hair, slapped the table a few times with the information bag, "Study a fart!" Harry Potter's money is all cut off! JK Rowling's side, how are we going to deal with it?! The other party is recognized as the queen of magic in Europe and the United States! If we don't shoot for a year, we will not only not be able to do this, but also have to pay JK Rowling a large amount of liquidated damages! ”
"These must know ......" The black woman's fat lips moved, and she glanced at the grumpy minister, not daring to say any more.
In ten days, five movies in a row were stuck! A super-sized production of Harry Potter, and four small and medium-sized movies to accompany the funeral!
Everyone knows that this is caused by the sudden closure of the two rooms, and no one dares to mention those four words, but they all know it.
AOL Time Warner has sent Goldman Sachs an urgent need for a loan of 800 million, but it is like a mud cow entering the sea, and there is no response at all.
It's not so much about chasing money as it is about looking at Goldman Sachs' attitude.
And Goldman Sachs' statement not only frightened Warner, but also the six Hollywood giants.
In the second half of this year, it is already destined that there will be no blockbuster press conference, and everyone understands that now is the time for the life and death of a company!
The American people are not very clear, but these top-level figures have begun to quietly prepare.
"Minister......" the black woman gritted her teeth, "I see what I mean...... It's not going to be allocated to Warner Bros. this year...... Or...... Let's prepare for the other......"
"It's late!" The minister waited for her fiercely, gritted his teeth and said, "How much money does Warner Bros. have?" Which film and television company can hold more than 200 million funds in its hands?! With these, I have already taken them out to make a movie! Now I don't give Warner Bros. funds, let alone Harry Potter, all the films in the second half of the year will be yellow! ”
"And if it really breaks out...... That kind of thing broke out...... Looking at the past history, it didn't take two or three years to adjust?! Not only in the second half of the year, but until the middle of next year! There is no real big production of famous directors, stars, and editors in the whole of Hollywood! Look at it, if you don't allocate funds now, you will have to cry poor with those more than 15 million superstars later. ”
"But...... If no appropriation is made...... What about Warner Bros.'s next plans? Now that everyone in the world is competing for the appearance of a second 3D movie, Harry Potter is obviously a good opportunity......"
"What's the hurry, the parent company only said that it would not allocate funds, and did not say that it would recover the expenses that had already started filming, everyone knew that it was impossible for the entire Hollywood to stop, and these movies that were being made were our food for the winter."
The minister sighed, "This is also a test of whether our eyes are accurate...... Maybe this incident is probably the beginning of a major change of blood in the leadership department......"
In October 2007, the economic crisis, known as the "sub-credit crisis", began to sweep across the United States!
The first thing to start with was countless layoffs, and many middle-level leaders didn't know why they suddenly ran out of money. The banks that used to lend well suddenly never lend money. Immediately after that, there was President George. Walker. Bush personally held a press conference to announce that the economic crisis is coming!
What frightened the people even more was that the fourth largest commercial bank in the United States, Midland Bank, filed for bankruptcy protection at the end of September, and the negative effects of the economic crisis really began to be reflected!
Whether it is Hollywood or the record industry, almost immediately, it can be described as mourning, all the TV stations and media under the Big Six, the first thing they do is to cut their budgets, and many TV series that have even been submitted to the official proposal table, movies have been cut in half. Without film and television shooting, what are so many artists doing?
The actors' union began to receive complaints from artists every day, and even the Federation of Labor and Industry did not care about it this time, and in the economic crisis, this kind of dispute is the most and the most headache. Countless artists began to be laid off, there was no drama to film, no songs to sing, and these unions all knew that it was still just a limelight, and the real typhoon would not blow until at least the end of the year.
In this kind of panicked days, Hollywood, which has not heard the announcement of blockbusters for two consecutive months, the box office of newly released movies is also dismal, and the new policy has not yet been introduced, and a voice is heard in the United States, that is, "the economic crisis is coming," how can the citizens who are all soldiers in the mood to go to the movies?
Nothing exists independently, if a movie wants to be successful, its own quality is indispensable, but external factors are also indispensable, just like a movie is a collection of countless technologies, a society is affected by the whole body.
can only blame the bad luck of the movies released during this time, at the beginning of the economic crisis, it was the most difficult time, and when the government think tank really came up with a policy, calmed the people's minds, and even produced a kind of "national consumption to get through the difficulties" mentality, at that time, even if the economic storm blows hard, the box office will not fall below the table.
Movies with bad luck, big and small, really have no place to cry.
One is lower than the box office, and the hearts of the producers and investors are about to be broken, but they have not given up, and now every movie is a hope, a torch in the dark, and they are all looking forward to a shot in the arm for the blockbusters in the future.
Maybe it was because the night was too dark, and this shot of strength never appeared until November, when the father of the demon world, the dark matter trilogy of the new line company, the Golden Compass, was released, and all the eyes of the industry were staring at it.
Lin Xiao also looked at the new line quietly, this is the other party's fortieth birthday, everything, they are blocked on the golden compass, and even the eyes of AOL Time Warner are staring at the new line.
He is like a wolf lurking in the night, waiting for the last time to tear a new thread.
On November 27th, the Golden Compass will be released worldwide!
The rhythmic sound of leather shoes is unusually clear on the solid wood floor.
Chu Yiming paced back and forth, and Lin Xiao stood in front of the window, holding a cup of coffee, but he didn't drink it.
Tonight is the day of the first day of the box office of the Golden Compass! There are so many things that can be deduced from the first day.
And what Lin Xiao wants is not only for him to stand at the highest peak, but also for Dawn to follow into Hollywood!
In this way, he can really have his own henchmen and backing.
"Lin Xiao." Chu Yiming stopped, his eagle-like eyes flickered, revealing that he was not at peace in his heart, "Now that the whole world knows that the US economic crisis has broken out, mergers and acquisitions can be said to be the best opportunity and the worst opportunity." ”
"Once the Golden Compass wins – that's what the new line does best, after all. Then all your arrangements will not work. ”
"I don't remember what I arranged." Lin Xiao said lightly, "I just need to have a good talk with them and let them know that it is definitely a disadvantageous choice to join Warner." ”
Chu Yiming's muscles twitched, "If you talk about this, I'm afraid you will have to talk about four or five hundred million...... I have already investigated, when Warner collected the shares of the new line, it took a full 500 million to become its largest shareholder, if you want to move the new line, it is not enough to just talk about moving, we must at least become its second largest shareholder, so that 400 million will not be able to run away, and the rest of the investment monsters, Dawn now has no emergency money! And it's the time of the economic crisis! ”
Lin Xiao glanced at him, "I remember that you didn't object at the beginning, which means that you were also tempted." ”
Chu Yiming was stunned, and sighed after a while, "I'm really tempted, there are two premises, first, Dawn is willing to make Warcraft into a series of movies, in fact, Blizzard's games have always been a big gold mine, but unfortunately the mining cost is too high." Second, Blizzard is willing to continue to sell the movie rights to Warcraft. ”
"Knock knock......" Just as the two were talking, there was a knock on the door.
Now, it's three o'clock in the morning US time!
Opening the door, Christina walked over in high heels and with a pair of red eyes, and put a stack of documents on the table.
There was a soft "pop", which was extremely harsh.
"Two million dollars." Her red eyes looked at the two, "Compared to its investment of 180 million, the premiere needs at least 70 million!" ”
Three times lower than expected!
Chu Yiming's heart was beating faster and he looked at Lin Xiao, he really didn't expect that the new line would fall on the type of movie he was best at!
180 million investment, at least about 500 million to be said to be truly profitable, according to the box office on the first day, the golden compass can exceed 300 million is a miracle!
What about the rest of the deficit? The new line is not Warner Bros., they are going to swallow this loss, they are already depleted, and ......
Now it's the financial crisis!
Chu Yiming and Lin Xiao's eyes met in mid-air, and at the same time shouted "Prepare the car"
"It's ready." Christina said a little nervously.
"Go to the new line! Right away! Lin Xiao hurriedly walked out, "If it's a few hours late, I'm afraid Warner's call will come immediately!" Call Director Peter the Great immediately. ”