Chapter 774 I'm not afraid of eating, drinking, and having fun, I'm afraid of starting a business
In the wave of public opinion attacking Johnny Depp, a piece of news in the media did not attract too many people's attention.
Less than three years after its founding, Annapurna Film declared bankruptcy.
Due to the default on bank loans, the company's assets were preserved by the bank, and the most valuable part of the company was the copyright of several films.
The three films that have been completed, including "The Lone Ranger", "Transcendental Hacker", which were released, and "The Seventh Son", which could not find a suitable distributor.
One that is in post-production is "Hunt Off the Lights" directed by Kathryn Bigelow.
In addition, the bank loan part of Megan Ellison herself involved is as high as $250 million.
It is very difficult for ordinary people, and even ordinary billionaires, to repay this money.
Megan Ellison likewise doesn't have that ability.
At this time, the advantage of having a good dad is reflected, and Larry Ellison personally took action to settle this debt of Megan Ellison.
But on the condition that Meghan Ellison must leave Hollywood and return to San Francisco.
Billionaires can't hold up this kind of sinkhole dug by their daughters whose hearts are higher than the sky, they can fill it up once, and they will vomit blood again.
This also responds to the sentence, the super-rich are not afraid of their children eating, drinking and having fun, they are afraid that their children will start a business.
In another world that Martin experienced, Meghan Ellison's Annapurna Films took the Oscar rush route, and it was also the most successful awards season company since Weinstein Pictures, with 52 Oscar nominations alone.
But the Oscar is no longer the Oscar of the eighties and nineties, and it is no longer possible to win awards just in line with the taste of old white men, and it has rapidly evolved into the LGBT era, and the films appreciated by the Oscars are completely out of the majority of audiences and the basic market rules.
Behind Annapurna Films' Oscar triumph was a commercial failure.
Tens of millions of dollars are often invested in an award-winning film, and even if it gets several Oscar nominations, the box office is only a few million dollars.
Art awards don't keep studio companies alive.
The Annapurna Film of this world chose the commercial path, but fell into the super pit of Johnny Depp.
Coming out of the foyer of the office building, Megan Ellison got into the car, and the car didn't drive far away, she said, "Stop. â
Dreitt who was driving stopped the car.
Megan Ellison lowered the window and looked at the office building of Annapurna Pictures opposite.
Several commercial vehicles suddenly stopped at the entrance of the office building, and a group led by Judith got out of the car and took over the small building.
Megan Ellison turned her head stiffly and said, "Let's go." â
The car drove towards the airport, and Larry Ellison sent a private jet to Los Angeles to pick up Megan Ellison back to San Francisco.
Towards the airport, Megan Ellison received a message about the bank.
After the bank took over the few remaining assets of Annapurna Films, it released information that it was ready to sell the rights to "The Seventh Son" and "Hunt Off the Lights".
For the bank, the film does not appear, and there is no point in keeping it in the hands.
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Burbank Davis Studios.
Harris Carter had just returned to Los Angeles from New York and immediately came over to meet Martin.
The months-long journey of acquisitions and disposals has been very rewarding.
"Hi, Lao Bu." Harris greeted Bruce first, then pulled out a chair, sat down across from Martin, pulled out a document from his briefcase, and handed it to Martin: "All the details and documents are in there." â
Martin opened it and flipped through it quickly.
Harris briefly introduced: "During this time, I used various shells to buy many of Depp's assets at low prices, including Depp's sea-view villa in Malibu, the super apartment that occupies the top floor of the entire Columbia Building, the duplex apartment in the Upper East Side of New York, the villa in the 16th arrondissement of Paris, the wine estate in Bordeaux, and the antique brig." â
Martin nodded slowly, these were worth a lot.
Harris added: "It's not just us and some businessmen who are eyeing Depp, Depp's hillside villa in Beverly, the castle in London, the farm in Kentucky, and the famous wine he has in his hand, as well as a lot of art and classic cars, have fallen into the hands of others." â
"It's good to be able to win that," Martin said. â
Harris said with a smile: "We were the first to get the news, as well as Depp's asset details, and we have been keeping an eye on them, so we have taken some advantage." â
Bruce, who also participated in the acquisition investment, was inevitably curious, asking, "What are you selling now?" â
"The antique brig yacht was sold to J.K. Rowling, the villa in the 16th arrondissement of Paris was sold to French actress LÊa Seydoux, the wine estate in Bordeaux was sold to an Oriental star, and the penthouse of Columbia Tower was sold to Sandra Bullock for a total profit of $25.77 million," Harris said. â
After a slight pause, he added: "The duplex apartment on New York's Upper East Side, currently in talks with a singer about a deal; Several wealthy people from South Asia are interested in buying sea-view villas in Malibu, and the details are still being discussed. â
Martin nodded: "The action is fast, hard work." â
As the actual manager, Harris has additional remuneration in addition to the share share.
The two were chatting, Bruce's mobile phone rang, he took it out and looked at it, and interjected: "The latest news, the bank has fully taken over Annapurna Films, and is ready to sell the assets of Annapurna Films." â
He looked at Martin: "The Seventh Son is included, as well as Kathryn Bigelow's Hunt for Lights Out, which is in post-production. â
Martin said directly to Harris: "You contact the bank and try to buy these two films, and "The Seventh Son" is up to $30 million, and if you exceed this price, you will give it up directly. â
Dragged down by "The Lone Ranger" and "Transcendental Hacker", it is difficult for "The Seventh Son" to find a distributor to enter theaters on a large scale, and its profit prospects are not optimistic.
Even if a publisher is found, it is unlikely that the publisher will invest too much resources in this film.
Martin's target is Netflix, which he sold to Netflix for $40 million, and he is still sure.
Harris wrote it down.
Martin recalled the relevant situation of "Hunt Off the Lights", in the previous life, the heroine of this film was Jessica Chastain, because he interjected a few times in it, Jessica Chastain refused Megan Ellison's invitation and did not take the role at all.
The director is Kathryn Bigelow, the ex-wife of James Cameron, but after "Hunt Off the Lights", Martin does not remember that Kathryn Bigelow has directed other works.
In this respect, the film's profit prospects are not good.
Martin called Jessica to check that "Hunt Off the Lights" cost $40 million to produce, and said to Harris: "The other one, the maximum bid is not more than $20 million." â
"This kind of non-performing asset realization, the bank generally sells it below cost, and I'm staying in Los Angeles during this time to specialize in these businesses in Los Angeles," Harris said. â
Martin was not polite to him: "Okay, let's do it." â
Harris didn't stay long, leaving the studio and contacting his subordinates to prepare.
Martin then left his office and crossed the flyover across ABC and Disney studios into Disney studios to rehearse for a song and dance rehearsal at La La Land studios.
There will be a lot of singing and dancing scenes in this film, and if you want to shoot the effect, hard training in the early stage is indispensable.
Before entering the piano room, Martin suddenly received a call from overseas.
"Hello, is this Mr. Davis?" He asked cautiously.
Martin said, "Hello, I'm Martin. â
The other side hurriedly introduced himself: "I'm Clara, Mr. Davis, do you remember me?" Last year, when you came to Seoul for the premiere, Samsung threw a big welcome party for you and director Ridley Scott, and I was there at the time, and I exchanged contact information with you when you left the party. â
Martin had almost forgotten about it, and remembered it after her reminder.
I remember that she once came to the United States to study and can speak fluent English.
"I remember you, a beautiful lady," Martin said...... Well, do you have something to do with me? â
Clara's voice was full of surprise: "My contract with the agency here has expired, and I have encountered some difficulties in signing again, and I want to go to Hollywood, I don't know anyone else in Hollywood, so I have to call you." â
Martin understood what he meant as soon as he heard these words, without a certain connection, even if many star-level actors from other countries came to Hollywood, it was very difficult to find the right opportunity, not to mention Clara, who was not famous.
He thought about it for a moment and said, "My brokerage company, WMA, has opened a branch in East Asia, and you can join WMA and develop your business outside your home country." â
In the showbiz of the stick, it is not an exaggeration to say that it is slavery, Clara has the opportunity to jump out and go to Hollywood to develop, without any hesitation: "Martin, I listen to you all." â
Martin gave Clara a call: "If you want to join the WMA to contact this person, do so." â
The two hung up.
Martin entered the studio and met director Damien Chazelle.
The latter called out to Martin and talked about one thing about casting: "Some time ago, Catherine Daddario came to the crew for an audition and passed the audition for the role of Alexis, and Mia has two supporting roles by her side, and I have some ideas about the choice of actors. â
Martin nodded: "You just say it." â
"For the other two roles, I think it's better to have a black actress and a Latino or other ethnic actress, so that the film doesn't have to be criticized," Chazelle said. â
Martin certainly understands that this is a national trend that is becoming more and more evident today.
It doesn't matter which ethnic group the latter chooses, but there must be a black actress.
Martin agreed: "Yes. â
Damien Chazelle said: "I went to say hello to the casting team. â
Martin went straight to the piano room, waited until the piano and dance practice was over, and received a call from Alexandrovich.
This guy had just returned to Los Angeles from Europe and was the first to find him.
(End of chapter)
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