Chapter 549: 549
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From April 9 to April 15, the box office of the first week and seven days of "fight smart 2" reached 43.67 million US dollars, easily reaching the top of the box office in a single week.
Under the strong impact of the No.1 hit of "anti smart 2", the second place "Legend of the sand" took only $7.63 million at the box office in its first week.
The box office figure of "new ghost Street", which is highly expected by Xinxian film industry, was 5.31 million US dollars in seven days.
On April 16, in the new week, three new films were released in North American Theaters, including Warner Brothers' boiling point, MGM's romantic comedy Bonnie and Joan, and gaomen's feature film the sea of algae.
Warner's boiling point, starring Wesley Snapes, is a typical police and bandit action movie with 1425 screens.
MGM's "Bonnie and Joan" tells the story of a bumpy brother and sister who meet their true love. The film, starring Johnny Depp, starts with 861 screens.
Gaomen film's "boundless sea of algae" is adapted from the novel of the same name, and it is also the prequel of the famous "Jane Eyre". The original novel tells the story of the crazy woman in the attic in "Jane Eyre", and the number of screens in the film is 505.
Because the heroine in "the vast sea of algae" is a black-and-white girl with dark complexion, Simon made a heroine, Catherine Zeta Jones. "Old man killer" took the place of Nicole Kidman and Tom Cruise in "big ambition" last year and had an affair. Although the box office of "big ambition" was not hot, Zeta Jones gained a great reputation.
The film's early internal audition had a good effect, so it was put on the Easter schedule.
After the three new films were painted, "the vast sea of algae" really got the highest comprehensive media score of 8.2 points in the Easter schedule.
However, many people still pay more attention to the movie "fight smart star 2", which opened last week. The box office trend of the next week determines the final box office of these films in North America.
A few years ago, the first week's box office was more than $40 million, which is almost the seed of 200 million in North America. With the rise of saturated full distribution, the first week's box office is getting higher and higher, rapidly squeezing the commercial potential of a film, and the subsequent decline is often very deep.
Even so, the US $43.67 million in the first week of the movie is still beyond many people's expectation. As long as the next week's decline is not too bad, the movie is expected to even exceed the US $120 million box office of the first movie in North America.
In the end, from April 16 to April 22, the box office of "fight smart star 2" fell by 39% in the next week, and received another $26.61 million, continuing to remain the first in the box office list.
In two weeks, the total box office of this comedy movie, which was originally predicted to be $60 million by danielis entertainment, has reached $70.28 million in North America. The next week's decline is controlled within 40%, which means that the box office trend of the film is quite good. The total domestic box office is expected to be between us $130 million and US $150 million, surpassing the box office result of the first song of US $120 million. At the same time, it will become the first film with a domestic box office of more than US $100 million by Denise entertainment in 1993.
When the box office came out the next week, although they only signed a contract with Mike Myers for two films, new world film executives began to discuss with each other the feasibility of developing a third film.
Now that the film has successfully broken through the curse of this type of comedy sequel crash, Simon has no objection to the development of the sequel, but only requires that the cost of the third film be controlled within $40 million. As compensation, Simon agreed to provide profit sharing contracts for the main creators.
The box office of two consecutive films has exceeded 100 million. It is reasonable to say that the cost of the third sequel has doubled to 60 million US dollars. However, if $60 million is really needed, Simon would rather give up the project.
The budget cost is 60 million US dollars, and the future publicity needs at least 20 million US dollars.
The $80 million project is already a blockbuster. Considering that the overseas box office potential of the series is very small, the domestic box office needs to reach $150 million to recover.
In the past, the box office of the second and third films of ACE spy in North America both reached 200 million US dollars, but Simon didn't have such confidence in the film. 150 million US dollars is probably the limit of the domestic box office of this series.
Although things are not absolute, just as the box office of the sequel here is far more than originally expected, Simon does not intend to take risks.
The point is that Denise entertainment does not lack other projects.
You know, Kim Carrey's "the head of the plane" and "the geek in disguise" have both been approved. This comedian with a distinctive personal style has not only the local box office appeal no less than Mike Myers, but also the recognition of overseas markets.
After the first place, MGM's "Bonnie and Joan" earned $8.79 million in the first week, ranking second in the list, and its average sales exceeded $10000, exceeding the studio's expectations.
MGM quickly increased the response scale of the film from 861 to 1363 in the second week.
Followed by Fox Film's "Legend of the sand" ranked third..The box office of the baseball themed youth film fell only 28% the next week, closing another $5.56 million.
If we only look at the decline figures, "Legend of the sand" is even better than "fight smart 2". Of course, this is mainly because the box office volume is not high at the beginning.
The total box office of sand legend in North America is expected to reach 20 million to 25 million US dollars.
Warner Bros.'s police action film boiling point came in fourth with a box office of $5.12 million in its first week.
Considering that the production cost of boiling point is only US $9 million, the first week's revenue is US $5.12 million, and the total domestic box office is expected to be about US $10 million, which basically meets Warner's expectation. Through the follow-up operation, we can basically recover the cost and make a small profit.
Gaomen film's "vast algae sea" ranked fifth.
Relying on its excellent reputation and gaomen film's accurate publicity strategy, this literary drama adapted from a famous literary work earned 4.65 million US dollars in the first week on 505 screens, with the average revenue of nearly 10000 US dollars.
Considering the long-term nature of literary and artistic films, although the opening week of "the vast sea of algae" is only 4.65 million US dollars, the total box office in North America is very likely to exceed 15 million US dollars, or even hit 20 million US dollars.
The production cost of the film is US $3 million, and the total budget of the project is only US $5 million, including publicity.
With a box office of 15 million to 20 million US dollars, gaomen film can make a good profit only through its local cinema distribution.
New ghost street, which is highly expected by the new line, is far lower than the expected box office of US $5.31 million in the first week. Although the box office decline in the next week remains at a fairly good 36%, it is doomed not to bring too much reversal to this second tier film company.
The box office of the next week is US $3.38 million, with a total of US $8.69 million in two weeks. It is estimated that the total box office will be US $12 million. The new line will be distributed through all channels such as overseas and follow-up video tapes, and it will not be a big problem to recover all the US $17 million project investment. However, there is obviously not enough time for the new line.
After the disappointing box office of new ghost street in its first week, the stock price of the 1986 listed film company began to decline.
By the box office of the next week, the share price of the new line has dropped by 27% in half a month compared with that before its release. The market value of the new line is only $46 million, which is more than 75% lower than the market value of more than $200 million at the peak of previous years. The total debt scale of the new line has reached US $72 million. After this heavy blow, it is now completely insolvent.
On April 23, Robert Shea, the founder of the new line, filed for bankruptcy after trying to find a buyer or the debt restructuring failed.
After Miramax, another studio in the original space-time that should have been very dazzling in the 1990s announced its withdrawal from the Hollywood stage.
Apart from Simon, Hollywood didn't lament too much about the bankruptcy of the new line.
In the 1980s, with the support of the local government and the rise of the video industry, a large number of studios sprang up like mushrooms, and then gradually disappeared in these years' bad federal economic environment. Compared with the ambitious Canon pictures, de Laurentiis group and other companies, the new line has always been less prominent in the industry except for the "ghost Street" series.
Now, this company starts from "ghost Street" and ends up in "ghost Street", which is like a reincarnation.
Even the more sensitive people in the industry don't have much experience of Denise Entertainment's continuous targeting of Miramax and the new line. After all, it's basically what the seven major Hollywood players are doing to suppress the latecomers.
However, many people also realize that the competition in Hollywood has become more and more fierce, and the second - and third tier film companies that lack capital and channel resources are becoming more and more unfriendly.
It's not just the new line that has just filed for bankruptcy. Orion pictures, which was funded by sigram group of Canada, can only be described as surviving in the last two years. It's no longer the scene of winning Oscars in the 1980s. Some of the other independent studios can only make small noise.
Founded more than 20 years ago, the most valuable part of the new line is undoubtedly the film library with hundreds of film copyrights.
Denny Morris specifically mentioned this to Simon some time ago.
However, after consideration, Simon decided to let blockbuster participate in the next new line asset auction.
In recent months, blockbuster has quietly registered and established Blockbuster Entertainment Company, which is responsible for personally investing in film projects.
Before that, blockbuster had quietly bought dozens of film rights accumulated by Miramax in recent years after bankruptcy for $13 million.
The price of the new line library is obviously much higher than that of Miramax.
After all, it's just the ghost Street series, which has good business potential whether it's video and other channels or continue to flip cards. Moreover, compared with Miramax, most of them are only very incomplete regional or single channel copyrights, there are a lot of fully copyrighted films in the new line film library.Blockbuster's team has made an assessment that it needs at least $60 million to acquire this asset from many competitors who are interested in the new line film library.
The bankruptcy of the new line only occupied a small part of the professional Hollywood Reporter.
On April 26, Goldman Sachs and Morgan Stanley formally signed a $1.5 billion capital injection agreement with igritte, but it almost occupied a prominent position on the front page of a series of mainstream studios in the following days.
After more than a month of negotiations, the price of US $1.5 billion has not changed, but the westero system has also made a huge "concession.".
For the $1.5 billion fund reached in the transaction, westero no longer withdraws one point, but injects all the funds into igritte's account in the form of additional issuance financing, which will be used for the development of the company in the next few years.
There are two completely different operations, one is to raise funds by issuing additional shares, the other is to sell shares by shareholders.
The most important difference is that the latter needs to pay capital gains tax, and the federal capital gains tax is as high as 29%. In order to avoid paying huge capital gains tax, Simon did not intend to draw money from the equity transfer.
Many media have seen this, but they still admire Simon for giving up $1.5 billion in cash.
You know, it's $1.5 billion in cash after all.
At this stage, few of the billionaires on the Forbes Global rich list can come up with $1.5 billion in cash at one go.
In addition to the $1.5 billion all injected into igritte as financing, westero also agreed that igritte will conduct IPO operation in the next three years. At the same time, Goldman Sachs and Morgan Stanley also jointly obtained the underwriting right of igrit's future IPO.
After the deal, in addition to the hot discussion in the media, the most direct consequence is the rise of NASDAQ technology stocks again.
Igritte, a company that has been established for only four years, has obtained a valuation of US $15 billion. In addition, Cisco and AOL, and finally some hesitant investors, have begun to participate in the operation of technology stocks.
On the other hand, the acquisition of Christie's in Europe is also progressing smoothly.
Even if the British media called on the British government to strictly review to prevent Christie's, a British iconic company with a long history, from falling into the hands of foreigners, in the end, the British government did not obstruct it.
Of course, it is not that members who are not trying to win more support are going to try.
However, melisandro is backed by the Westeros system, and the relationship between the Westeros system and News Corporation has always been very good. News Corporation, which controls a large number of media in the UK, can not be provoked by one or two members at all.
Introduced by the senior management of News Corporation, Sofia took part in several opportunities of British politics, and the acquisition of Christie's was approved by the British authorities.
After the deal, melisandro also publicly promised that Christie's headquarters would still be set up in London. Melisandro would not restructure Christie's on a large scale in the short term, and would maintain the traditional corporate culture of the auction house with a long history for a long time.
Britain is no longer the sun never sets Empire, and the pound crisis just in the past year has made this old empire look disgraced.
Melisandro has made such a statement. No matter how it is privately, on the surface, the British media think that it has reserved some dignity and has not pursued this matter.
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From April 9 to April 15, the box office of the first week and seven days of "fight smart 2" reached 43.67 million US dollars, easily reaching the top of the box office in a single week.
Under the strong impact of the No.1 hit of "anti smart 2", the second place "Legend of the sand" took only $7.63 million at the box office in its first week.
The box office figure of "new ghost Street", which is highly expected by Xinxian film industry, was 5.31 million US dollars in seven days.
On April 16, in the new week, three new films were released in North American Theaters, including Warner Brothers' boiling point, MGM's romantic comedy Bonnie and Joan, and gaomen's feature film the sea of algae.
Warner's boiling point, starring Wesley Snapes, is a typical police and bandit action movie with 1425 screens.
MGM's "Bonnie and Joan" tells the story of a bumpy brother and sister who meet their true love. The film, starring Johnny Depp, starts with 861 screens.
Gaomen film's "boundless sea of algae" is adapted from the novel of the same name, and it is also the prequel of the famous "Jane Eyre". The original novel tells the story of the crazy woman in the attic in "Jane Eyre", and the number of screens in the film is 505.
Because the heroine in "the vast sea of algae" is a black-and-white girl with dark complexion, Simon made a heroine, Catherine Zeta Jones. "Old man killer" took the place of Nicole Kidman and Tom Cruise in "big ambition" last year and had an affair. Although the box office of "big ambition" was not hot, Zeta Jones gained a great reputation.
The film's early internal audition had a good effect, so it was put on the Easter schedule.
After the three new films were painted, "the vast sea of algae" really got the highest comprehensive media score of 8.2 points in the Easter schedule.
However, many people still pay more attention to the movie "fight smart star 2", which opened last week. The box office trend of the next week determines the final box office of these films in North America.
A few years ago, the first week's box office was more than $40 million, which is almost the seed of 200 million in North America. With the rise of saturated full distribution, the first week's box office is getting higher and higher, rapidly squeezing the commercial potential of a film, and the subsequent decline is often very deep.
Even so, the US $43.67 million in the first week of the movie is still beyond many people's expectation. As long as the next week's decline is not too bad, the movie is expected to even exceed the US $120 million box office of the first movie in North America.
In the end, from April 16 to April 22, the box office of "fight smart star 2" fell by 39% in the next week, and received another $26.61 million, continuing to remain the first in the box office list.
In two weeks, the total box office of this comedy movie, which was originally predicted to be $60 million by danielis entertainment, has reached $70.28 million in North America. The next week's decline is controlled within 40%, which means that the box office trend of the film is quite good. The total domestic box office is expected to be between us $130 million and US $150 million, surpassing the box office result of the first song of US $120 million. At the same time, it will become the first film with a domestic box office of more than US $100 million by Denise entertainment in 1993.
When the box office came out the next week, although they only signed a contract with Mike Myers for two films, new world film executives began to discuss with each other the feasibility of developing a third film.
Now that the film has successfully broken through the curse of this type of comedy sequel crash, Simon has no objection to the development of the sequel, but only requires that the cost of the third film be controlled within $40 million. As compensation, Simon agreed to provide profit sharing contracts for the main creators.
The box office of two consecutive films has exceeded 100 million. It is reasonable to say that the cost of the third sequel has doubled to 60 million US dollars. However, if $60 million is really needed, Simon would rather give up the project.
The budget cost is 60 million US dollars, and the future publicity needs at least 20 million US dollars.
The $80 million project is already a blockbuster. Considering that the overseas box office potential of the series is very small, the domestic box office needs to reach $150 million to recover.
In the past, the box office of the second and third films of ACE spy in North America both reached 200 million US dollars, but Simon didn't have such confidence in the film. 150 million US dollars is probably the limit of the domestic box office of this series.
Although things are not absolute, just as the box office of the sequel here is far more than originally expected, Simon does not intend to take risks.
The point is that Denise entertainment does not lack other projects.
You know, Kim Carrey's "the head of the plane" and "the geek in disguise" have both been approved. This comedian with a distinctive personal style has not only the local box office appeal no less than Mike Myers, but also the recognition of overseas markets.
After the first place, MGM's "Bonnie and Joan" earned $8.79 million in the first week, ranking second in the list, and its average sales exceeded $10000, exceeding the studio's expectations.
MGM quickly increased the response scale of the film from 861 to 1363 in the second week.
Followed by Fox Film's "Legend of the sand" ranked third..The box office of the baseball themed youth film fell only 28% the next week, closing another $5.56 million.
If we only look at the decline figures, "Legend of the sand" is even better than "fight smart 2". Of course, this is mainly because the box office volume is not high at the beginning.
The total box office of sand legend in North America is expected to reach 20 million to 25 million US dollars.
Warner Bros.'s police action film boiling point came in fourth with a box office of $5.12 million in its first week.
Considering that the production cost of boiling point is only US $9 million, the first week's revenue is US $5.12 million, and the total domestic box office is expected to be about US $10 million, which basically meets Warner's expectation. Through the follow-up operation, we can basically recover the cost and make a small profit.
Gaomen film's "vast algae sea" ranked fifth.
Relying on its excellent reputation and gaomen film's accurate publicity strategy, this literary drama adapted from a famous literary work earned 4.65 million US dollars in the first week on 505 screens, with the average revenue of nearly 10000 US dollars.
Considering the long-term nature of literary and artistic films, although the opening week of "the vast sea of algae" is only 4.65 million US dollars, the total box office in North America is very likely to exceed 15 million US dollars, or even hit 20 million US dollars.
The production cost of the film is US $3 million, and the total budget of the project is only US $5 million, including publicity.
With a box office of 15 million to 20 million US dollars, gaomen film can make a good profit only through its local cinema distribution.
New ghost street, which is highly expected by the new line, is far lower than the expected box office of US $5.31 million in the first week. Although the box office decline in the next week remains at a fairly good 36%, it is doomed not to bring too much reversal to this second tier film company.
The box office of the next week is US $3.38 million, with a total of US $8.69 million in two weeks. It is estimated that the total box office will be US $12 million. The new line will be distributed through all channels such as overseas and follow-up video tapes, and it will not be a big problem to recover all the US $17 million project investment. However, there is obviously not enough time for the new line.
After the disappointing box office of new ghost street in its first week, the stock price of the 1986 listed film company began to decline.
By the box office of the next week, the share price of the new line has dropped by 27% in half a month compared with that before its release. The market value of the new line is only $46 million, which is more than 75% lower than the market value of more than $200 million at the peak of previous years. The total debt scale of the new line has reached US $72 million. After this heavy blow, it is now completely insolvent.
On April 23, Robert Shea, the founder of the new line, filed for bankruptcy after trying to find a buyer or the debt restructuring failed.
After Miramax, another studio in the original space-time that should have been very dazzling in the 1990s announced its withdrawal from the Hollywood stage.
Apart from Simon, Hollywood didn't lament too much about the bankruptcy of the new line.
In the 1980s, with the support of the local government and the rise of the video industry, a large number of studios sprang up like mushrooms, and then gradually disappeared in these years' bad federal economic environment. Compared with the ambitious Canon pictures, de Laurentiis group and other companies, the new line has always been less prominent in the industry except for the "ghost Street" series.
Now, this company starts from "ghost Street" and ends up in "ghost Street", which is like a reincarnation.
Even the more sensitive people in the industry don't have much experience of Denise Entertainment's continuous targeting of Miramax and the new line. After all, it's basically what the seven major Hollywood players are doing to suppress the latecomers.
However, many people also realize that the competition in Hollywood has become more and more fierce, and the second - and third tier film companies that lack capital and channel resources are becoming more and more unfriendly.
It's not just the new line that has just filed for bankruptcy. Orion pictures, which was funded by sigram group of Canada, can only be described as surviving in the last two years. It's no longer the scene of winning Oscars in the 1980s. Some of the other independent studios can only make small noise.
Founded more than 20 years ago, the most valuable part of the new line is undoubtedly the film library with hundreds of film copyrights.
Denny Morris specifically mentioned this to Simon some time ago.
However, after consideration, Simon decided to let blockbuster participate in the next new line asset auction.
In recent months, blockbuster has quietly registered and established Blockbuster Entertainment Company, which is responsible for personally investing in film projects.
Before that, blockbuster had quietly bought dozens of film rights accumulated by Miramax in recent years after bankruptcy for $13 million.
The price of the new line library is obviously much higher than that of Miramax.
After all, it's just the ghost Street series, which has good business potential whether it's video and other channels or continue to flip cards. Moreover, compared with Miramax, most of them are only very incomplete regional or single channel copyrights, there are a lot of fully copyrighted films in the new line film library.Blockbuster's team has made an assessment that it needs at least $60 million to acquire this asset from many competitors who are interested in the new line film library.
The bankruptcy of the new line only occupied a small part of the professional Hollywood Reporter.
On April 26, Goldman Sachs and Morgan Stanley formally signed a $1.5 billion capital injection agreement with igritte, but it almost occupied a prominent position on the front page of a series of mainstream studios in the following days.
After more than a month of negotiations, the price of US $1.5 billion has not changed, but the westero system has also made a huge "concession.".
For the $1.5 billion fund reached in the transaction, westero no longer withdraws one point, but injects all the funds into igritte's account in the form of additional issuance financing, which will be used for the development of the company in the next few years.
There are two completely different operations, one is to raise funds by issuing additional shares, the other is to sell shares by shareholders.
The most important difference is that the latter needs to pay capital gains tax, and the federal capital gains tax is as high as 29%. In order to avoid paying huge capital gains tax, Simon did not intend to draw money from the equity transfer.
Many media have seen this, but they still admire Simon for giving up $1.5 billion in cash.
You know, it's $1.5 billion in cash after all.
At this stage, few of the billionaires on the Forbes Global rich list can come up with $1.5 billion in cash at one go.
In addition to the $1.5 billion all injected into igritte as financing, westero also agreed that igritte will conduct IPO operation in the next three years. At the same time, Goldman Sachs and Morgan Stanley also jointly obtained the underwriting right of igrit's future IPO.
After the deal, in addition to the hot discussion in the media, the most direct consequence is the rise of NASDAQ technology stocks again.
Igritte, a company that has been established for only four years, has obtained a valuation of US $15 billion. In addition, Cisco and AOL, and finally some hesitant investors, have begun to participate in the operation of technology stocks.
On the other hand, the acquisition of Christie's in Europe is also progressing smoothly.
Even if the British media called on the British government to strictly review to prevent Christie's, a British iconic company with a long history, from falling into the hands of foreigners, in the end, the British government did not obstruct it.
Of course, it is not that members who are not trying to win more support are going to try.
However, melisandro is backed by the Westeros system, and the relationship between the Westeros system and News Corporation has always been very good. News Corporation, which controls a large number of media in the UK, can not be provoked by one or two members at all.
Introduced by the senior management of News Corporation, Sofia took part in several opportunities of British politics, and the acquisition of Christie's was approved by the British authorities.
After the deal, melisandro also publicly promised that Christie's headquarters would still be set up in London. Melisandro would not restructure Christie's on a large scale in the short term, and would maintain the traditional corporate culture of the auction house with a long history for a long time.
Britain is no longer the sun never sets Empire, and the pound crisis just in the past year has made this old empire look disgraced.
Melisandro has made such a statement. No matter how it is privately, on the surface, the British media think that it has reserved some dignity and has not pursued this matter.
From April 9 to April 15, the box office of the first week and seven days of "fight smart 2" reached 43.67 million US dollars, easily reaching the top of the box office in a single week. Under the strong impact of the No.1 hit of "anti smart 2", the second place "Legend of the sand" took only $7.63 million at the box office in its first week. The box office figure of "new ghost Street", which is highly expected by Xinxian film industry, was 5.31 million US dollars in seven days. On April 16, in the new week, three new films were released in North American Theaters, including Warner Brothers' boiling point, MGM's romantic comedy Bonnie and Joan, and gaomen's feature film the sea of algae. Warner's boiling point, starring Wesley Snapes, is a typical police and bandit action movie with 1425 screens. MGM's "Bonnie and Joan" tells the story of a bumpy brother and sister who meet their true love. The film, starring Johnny Depp, starts with 861 screens. Gaomen film's "boundless sea of algae" is adapted from the novel of the same name, and it is also the prequel of the famous "Jane Eyre". The original novel tells the story of the crazy woman in the attic in "Jane Eyre", and the number of screens in the film is 505. Because the heroine in "the vast sea of algae" is a black-and-white girl with dark complexion, Simon made a heroine, Catherine Zeta Jones. "Old man killer" took the place of Nicole Kidman and Tom Cruise in "big ambition" last year and had an affair. Although the box office of "big ambition" was not hot, Zeta Jones gained a great reputation. The film's early internal audition had a good effect, so it was put on the Easter schedule. After the three new films were painted, "the vast sea of algae" really got the highest comprehensive media score of 8.2 points in the Easter schedule. However, many people still pay more attention to the movie "fight smart star 2", which opened last week. The box office trend of the next week determines the final box office of these films in North America. A few years ago, the first week's box office was more than $40 million, which is almost the seed of 200 million in North America. With the rise of saturated full distribution, the first week's box office is getting higher and higher, rapidly squeezing the commercial potential of a film, and the subsequent decline is often very deep. Even so, the US $43.67 million in the first week of the movie is still beyond many people's expectation. As long as the next week's decline is not too bad, the movie is expected to even exceed the US $120 million box office of the first movie in North America. In the end, from April 16 to April 22, the box office of "fight smart star 2" fell by 39% in the next week, and received another $26.61 million, continuing to remain the first in the box office list. In two weeks, the total box office of this comedy movie, which was originally predicted to be $60 million by danielis entertainment, has reached $70.28 million in North America. The next week's decline is controlled within 40%, which means that the box office trend of the film is quite good. The total domestic box office is expected to be between us $130 million and US $150 million, surpassing the box office result of the first song of US $120 million. At the same time, it will become the first film with a domestic box office of more than US $100 million by Denise entertainment in 1993. When the box office came out the next week, although they only signed a contract with Mike Myers for two films, new world film executives began to discuss with each other the feasibility of developing a third film. Now that the film has successfully broken through the curse of this type of comedy sequel crash, Simon has no objection to the development of the sequel, but only requires that the cost of the third film be controlled within $40 million. As compensation, Simon agreed to provide profit sharing contracts for the main creators. The box office of two consecutive films has exceeded 100 million. It is reasonable to say that the cost of the third sequel has doubled to 60 million US dollars. However, if $60 million is really needed, Simon would rather give up the project. The budget cost is 60 million US dollars, and the future publicity needs at least 20 million US dollars. The $80 million project is already a blockbuster. Considering that the overseas box office potential of the series is very small, the domestic box office needs to reach $150 million to recover. In the past, the box office of the second and third films of ACE spy in North America both reached 200 million US dollars, but Simon didn't have such confidence in the film. 150 million US dollars is probably the limit of the domestic box office of this series. Although things are not absolute, just as the box office of the sequel here is far more than originally expected, Simon does not intend to take risks. The point is that Denise entertainment does not lack other projects. You know, Kim Carrey's "the head of the plane" and "the geek in disguise" have both been approved. This comedian with a distinctive personal style has not only the local box office appeal no less than Mike Myers, but also the recognition of overseas markets. After the first place, MGM's "Bonnie and Joan" earned $8.79 million in the first week, ranking second in the list, and its average sales exceeded $10000, exceeding the studio's expectations. MGM quickly increased the response scale of the film from 861 to 1363 in the second week. Followed by Fox Film's "Legend of the sand" ranked third..The box office of the baseball themed youth film fell only 28% the next week, closing another $5.56 million. If we only look at the decline figures, "Legend of the sand" is even better than "fight smart 2". Of course, this is mainly because the box office volume is not high at the beginning. The total box office of sand legend in North America is expected to reach 20 million to 25 million US dollars. Warner Bros.'s police action film boiling point came in fourth with a box office of $5.12 million in its first week. Considering that the production cost of boiling point is only US $9 million, the first week's revenue is US $5.12 million, and the total domestic box office is expected to be about US $10 million, which basically meets Warner's expectation. Through the follow-up operation, we can basically recover the cost and make a small profit. Gaomen film's "vast algae sea" ranked fifth. Relying on its excellent reputation and gaomen film's accurate publicity strategy, this literary drama adapted from a famous literary work earned 4.65 million US dollars in the first week on 505 screens, with the average revenue of nearly 10000 US dollars. Considering the long-term nature of literary and artistic films, although the opening week of "the vast sea of algae" is only 4.65 million US dollars, the total box office in North America is very likely to exceed 15 million US dollars, or even hit 20 million US dollars. The production cost of the film is US $3 million, and the total budget of the project is only US $5 million, including publicity. With a box office of 15 million to 20 million US dollars, gaomen film can make a good profit only through its local cinema distribution. New ghost street, which is highly expected by the new line, is far lower than the expected box office of US $5.31 million in the first week. Although the box office decline in the next week remains at a fairly good 36%, it is doomed not to bring too much reversal to this second tier film company. The box office of the next week is US $3.38 million, with a total of US $8.69 million in two weeks. It is estimated that the total box office will be US $12 million. The new line will be distributed through all channels such as overseas and follow-up video tapes, and it will not be a big problem to recover all the US $17 million project investment. However, there is obviously not enough time for the new line. After the disappointing box office of new ghost street in its first week, the stock price of the 1986 listed film company began to decline. By the box office of the next week, the share price of the new line has dropped by 27% in half a month compared with that before its release. The market value of the new line is only $46 million, which is more than 75% lower than the market value of more than $200 million at the peak of previous years. The total debt scale of the new line has reached US $72 million. After this heavy blow, it is now completely insolvent. On April 23, Robert Shea, the founder of the new line, filed for bankruptcy after trying to find a buyer or the debt restructuring failed. After Miramax, another studio in the original space-time that should have been very dazzling in the 1990s announced its withdrawal from the Hollywood stage. Apart from Simon, Hollywood didn't lament too much about the bankruptcy of the new line. In the 1980s, with the support of the local government and the rise of the video industry, a large number of studios sprang up like mushrooms, and then gradually disappeared in these years' bad federal economic environment. Compared with the ambitious Canon pictures, de Laurentiis group and other companies, the new line has always been less prominent in the industry except for the "ghost Street" series. Now, this company starts from "ghost Street" and ends up in "ghost Street", which is like a reincarnation. Even the more sensitive people in the industry don't have much experience of Denise Entertainment's continuous targeting of Miramax and the new line. After all, it's basically what the seven major Hollywood players are doing to suppress the latecomers. However, many people also realize that the competition in Hollywood has become more and more fierce, and the second - and third tier film companies that lack capital and channel resources are becoming more and more unfriendly. It's not just the new line that has just filed for bankruptcy. Orion pictures, which was funded by sigram group of Canada, can only be described as surviving in the last two years. It's no longer the scene of winning Oscars in the 1980s. Some of the other independent studios can only make small noise. Founded more than 20 years ago, the most valuable part of the new line is undoubtedly the film library with hundreds of film copyrights. Denny Morris specifically mentioned this to Simon some time ago. However, after consideration, Simon decided to let blockbuster participate in the next new line asset auction. In recent months, blockbuster has quietly registered and established Blockbuster Entertainment Company, which is responsible for personally investing in film projects. Before that, blockbuster had quietly bought dozens of film rights accumulated by Miramax in recent years after bankruptcy for $13 million. The price of the new line library is obviously much higher than that of Miramax. After all, it's just the ghost Street series, which has good business potential whether it's video and other channels or continue to flip cards. Moreover, compared with Miramax, most of them are only very incomplete regional or single channel copyrights, there are a lot of fully copyrighted films in the new line film library.Blockbuster's team has made an assessment that it needs at least $60 million to acquire this asset from many competitors who are interested in the new line film library. The bankruptcy of the new line only occupied a small part of the professional Hollywood Reporter. On April 26, Goldman Sachs and Morgan Stanley formally signed a $1.5 billion capital injection agreement with igritte, but it almost occupied a prominent position on the front page of a series of mainstream studios in the following days. After more than a month of negotiations, the price of US $1.5 billion has not changed, but the westero system has also made a huge "concession.". For the $1.5 billion fund reached in the transaction, westero no longer withdraws one point, but injects all the funds into igritte's account in the form of additional issuance financing, which will be used for the development of the company in the next few years. There are two completely different operations, one is to raise funds by issuing additional shares, the other is to sell shares by shareholders. The most important difference is that the latter needs to pay capital gains tax, and the federal capital gains tax is as high as 29%. In order to avoid paying huge capital gains tax, Simon did not intend to draw money from the equity transfer. Many media have seen this, but they still admire Simon for giving up $1.5 billion in cash. You know, it's $1.5 billion in cash after all. At this stage, few of the billionaires on the Forbes Global rich list can come up with $1.5 billion in cash at one go. In addition to the $1.5 billion all injected into igritte as financing, westero also agreed that igritte will conduct IPO operation in the next three years. At the same time, Goldman Sachs and Morgan Stanley also jointly obtained the underwriting right of igrit's future IPO. After the deal, in addition to the hot discussion in the media, the most direct consequence is the rise of NASDAQ technology stocks again. Igritte, a company that has been established for only four years, has obtained a valuation of US $15 billion. In addition, Cisco and AOL, and finally some hesitant investors, have begun to participate in the operation of technology stocks. On the other hand, the acquisition of Christie's in Europe is also progressing smoothly. Even if the British media called on the British government to strictly review to prevent Christie's, a British iconic company with a long history, from falling into the hands of foreigners, in the end, the British government did not obstruct it. Of course, it is not that members who are not trying to win more support are going to try. However, melisandro is backed by the Westeros system, and the relationship between the Westeros system and News Corporation has always been very good. News Corporation, which controls a large number of media in the UK, can not be provoked by one or two members at all. Introduced by the senior management of News Corporation, Sofia took part in several opportunities of British politics, and the acquisition of Christie's was approved by the British authorities. After the deal, melisandro also publicly promised that Christie's headquarters would still be set up in London. Melisandro would not restructure Christie's on a large scale in the short term, and would maintain the traditional corporate culture of the auction house with a long history for a long time. Britain is no longer the sun never sets Empire, and the pound crisis just in the past year has made this old empire look disgraced. Melisandro has made such a statement. No matter how it is privately, on the surface, the British media think that it has reserved some dignity and has not pursued this matter.
