The Best Entertainment Era

? Ronan will not be involved in movie projects with huge investment for the time being, but with the current situation of Shahai Entertainment, Ronan will still be able to spare funds and manpower to operate films of the type Fatal Turn.

The first thing is to find the right director.

Ronan contacted the William Morris Company, which has cooperated several times, and also greeted other brokerage companies in the industry. Now Shahai Entertainment is no longer an unknown small company, and new projects can also attract these brokers. company's attention.

In many cases, it is not easy to find a suitable director for a low-cost film.

There is always a paradox in this aspect. New directors dare not use it casually, and experienced directors are paid high.

It can't be a film with an investment of several million dollars, and more than half of the funds are used to pay the director's salary.

Ronan could only use his memory to find a name he could remember from the list of directors provided by various agencies, and it must also be suitable for the genre of horror films.

Relativity Entertainment earned a lot of money in the first year of its establishment, but some of the revenue has also reached the time when it should be settled with people.

The Abu Dhabi Investment Authority asked Samir from the Los Angeles branch to act as a plenipotentiary representative to settle the investment revenue of Kingsman with Shahai Entertainment.

How is Mr. Minister? Ronan seemed to be an old friend in Abu Dhabi, and said to Samir: It's a pity that I can't go to Abu Dhabi to meet Mr. Minister.

Samir seems not to give up: We should continue to cooperate.

Ronan immediately said: Yeah, I also think we should continue to cooperate, I have a new movie in my hand...

If Abu Dhabi Investment Authority is willing to continue to invest in the films of Shahai Entertainment, he welcomes it with his hands up.

But the words of the two sides are obviously not on the same channel. Samir said: Let's talk about this later. I need to ask Mr. Minister for instructions.

Ronan asked: Is Mr. Minister busy with work recently?

Samir replied: Very busy, the minister is in Manchester, England.

In fact, there is no need for Semir to say that Ronan also knows what Mansour is busy with. Recently, there have been frequent reports in newspapers and media that Mansour’s Abu Dhabi consortium and Rupert Murdoch’s News Corporation are increasingly competing for the Premier League Manchester United team. white hot,

Both sides want to be the new owner of this European giants.

The largest shareholders of Manchester United are three horse racing tycoons. They really want to sell their shares, but they are strongly opposed by Manchester United fans. The whole UK is also extremely dissatisfied with the acquisition of Arabs and News Corporation. The European media blamed it.

There are even some extreme fans of Manchester United who set up a new Manchester United club, preparing to participate in the English regional league, claiming that they are the representatives of the spirit of Manchester United.

In this era, the spirit of iron-blooded football is gradually dissipating, and business is invading every corner of professional football.

The resistance from the government, the media, and fans in the UK may eventually lead to the failure of this acquisition, but Ronan is very clear that the Abu Dhabi consortium has achieved its goal, and their name has spread all over the world with Manchester United.

It's a pity that Ronan now has more energy than energy, otherwise he can buy a professional team to play.

Not to mention anything else, the publicity effect is very good.

Ronan remembers well that Rupert Murdoch's bid to buy Manchester United at the turn of the century failed, and United fell into the hands of the Glazers a few years later.

I don't know if there will be more variables like Abu Dhabi Investment Authority.

If a few more years pass, Ronan feels that he may also have the time and energy to play this game.

Ronan tentatively asked: Mr. Minister's acquisition of Manchester United went well?

The media reported it frequently, and there was no need for Semir to hide it, saying: Manchester United fans are too troublesome and stubborn.

Ronan said: The British thought they were an empire on which the sun never sets.

That makes sense. Samir always had a weird feeling, since many of Ronan's views and ideas agree with them, why can't they cooperate? He couldn't figure it out, but he didn't mention it again, and said, It's nothing more than a question of money.

Ronan feels that this is not just a matter of money. It seems that the longest crown prince in history is also the chairman of the FA. If the FA intervenes, it is not impossible to stop the deal.

But he didn't remind Samir that since the two sides can no longer cooperate, it is good to maintain the current relationship.

The revenue statistics and settlement of Kingsman Agent have been completed. Ronan turned to the topic: I am very grateful to the Abu Dhabi Investment Authority for its investment, and I want to settle with you as soon as possible.

Did Kingsman fail? Samir asked.

Ronan admitted of course: Yes, it was a very miserable commercial failure. However, we basically achieved our goal of getting the film released all over the world.

There are successes and failures in commercial investment. These are normal. In the past few years, there have been many investment failures in Abu Dhabi. The failure of a movie will not move Abu Dhabi Investment Authority much.

Ronan, you are still alone. Samir repeated the old saying.

Ronan said with a smile: Business investment, no one can guarantee 100% success. He didn't want to entangle with the Abu Dhabi Investment Authority in this regard, and motioned to the assistant Connie standing behind: Send the settlement report to Samir gentlemen.

Connie immediately sent a thick stack of checklists, and the accountant brought by Samir took the initiative.

Samir quickly left and left. Although Abu Dhabi Investment Authority didn't really care whether the investment was profitable or failed, the necessary review procedures must go.

The Los Angeles office even hired professional accountants from PricewaterhouseCoopers and entertainment lawyers from a law firm to conduct audits.

Three days later, Samir took the initiative to come to Shahai Entertainment to sign for the investment share of Kingsman.

According to the review by lawyers and accountants, Shahai Entertainment did not have any problems with the revenue data of this film, which fully complied with legal regulations and Hollywood industry regulations.

The Abu Dhabi Investment Authority invested less than 30% of the US$25 million invested in the Kingsman project.

Kingsman had a North American box office of 10.6 million US dollars. The distributor, Embassy Pictures, received a share of 5.6 million US dollars from the theaters. After deducting 30% of the distribution fee and the corresponding North American distribution loan interest, it went to Shahai Films Only $2 million in hand.

Sandsea Entertainment legally deducted 15% of operating management fees and various taxes and fees including labor union fees from this figure, leaving the remaining US$1.2 million.

Due to the overall loss of the film, Sand Sea Entertainment did not take another 20% profit share.

In terms of North American offline and peripheral income, Embassy Pictures, as the distributor, withheld 500,000 US dollars as distribution income, Sandsea Entertainment had 300,000 US dollars in operating expenses, and the remaining 500,000 US dollars.

The overseas copyright of this film was sold for a total of 10 million U.S. dollars. As the agency distributor, the Embassy Pictures took 40% of it as an intermediate fee according to the distribution contract signed with Shahai Entertainment. Various taxes and fees, including union fees, withhold $1 million, leaving $5 million remaining.

In the end, the settlement between Sandsea Entertainment and Abu Dhabi Investment Authority was US$6.7 million.

From the point of view of revenue, Shahai Entertainment undoubtedly produced a commercially extremely unsuccessful film, which could not even recover the disclosed cost of 25 million U.S. dollars.

But for Relativity Entertainment as a whole, Kingsman was another hugely successful movie.

Relativity Entertainment itself made $10 million in revenue from the film, without investing much money in itself.

As for the expenses of personnel, offices and equipment that Shahai Entertainment affiliated with the crew during the operation of the crew of Kingsman, it is difficult for outsiders to calculate.

For the two offices newly rented by Shahai Entertainment, from the rent to the purchase of office equipment to personnel expenses, all the expenses were included in the two production crews invested by Abu Dhabi people, and included in the loss of film and consumables for filming. Let alone people outside the circle in this regard, even if you find a senior professional in the circle, if you don't work with the crew all the way, you can't find out at all.

Too much money wasted and inexplicably wasted by a crew during filming.

Just like a larger-scale play, if you NG a few times, it may cost tens of thousands of dollars more.

Movies fail, studios and distributors win, and that's Hollywood.

Because of the official background of the Abu Dhabi Investment Authority, Ronan did not make any changes in the later income. He did everything in accordance with the laws and regulations, and even gave up 20% of Shahai Entertainment's profit share.

He considers himself absolutely a conscientious producer.

Ronan had an account in his mind. Counting the expenses that Sandsea Entertainment was affiliated with, the sum of the various benefits of Relativity Entertainment in Kingsman Agent was about 15 million US dollars.

This is not counting the German tax refund allowance.

It can be said that there are a lot of benefits from the chicken-and-egg shooting. If you lose money, investors will pay for it. If you benefit, the production and distribution companies can get huge income from it.

For a non-sequel film that is too risky, financing and filming is undoubtedly the most appropriate way.

Even the accountants and lawyers engaged in the entertainment business fully approved the settlement of Shahai Entertainment, and the Abu Dhabi Investment Authority did not raise any objections.

The two parties have settled their accounts, and the cooperation between Ronan and Abu Dhabi Investment Authority has come to an end.

Later, Ronan asked the private investors in Abu Dhabi to come to Los Angeles for settlement, and most of them will come to Los Angeles in person after a while.

Ronan has prepared two solutions. For these folks, he doesn't have so many concerns about Abu Dhabi Investment Authority.

If they want to continue to invest in Shahai Entertainment's films, Ronan will continue to cooperate with them.

Shahai Entertainment will also have film projects in the future, such as Fatal Turns, all of which need to raise funds.

But before the local tyrants from Abu Dhabi came to Los Angeles, someone specifically found Ronan and wanted to continue to cooperate.