in a spacious conference room.

The afternoon sun shines in from the floor-to-ceiling windows.

The management team, who was divided into two rows, was listening carefully.

A very good picture.

Everyone smelled something.

When Lehman issued the two notices, many people were making their own calculations.

Gains and losses, interests, future?

At this time, Joseph, who basically did not speak, suddenly asked: "Then, the production and distribution businesses have been separated. If there are these two companies, what is the status of the parent company? Who should hold the position inside?"

Lyman looked at Joseph in surprise, and found that Joseph had a calm look, but there was some desire in his eyes.

As one of the executives of the original Columbia Pictures, he was transferred to the president of the British branch. He did a very good job in Firefly Pictures and was worthy of his worth.

"However, it's not a good thing to be promoted too early. There is no promotion. In ancient times, people would be thought of and beheaded." Lyman muttered in his heart.

Among those present, only Joseph's status and prestige can be the first to say this.

Maybe Liam also wanted to ask, but because he is a new high-ranking player, he probably has some scruples.

"I'll arrange it." Lehman didn't want to say so much, and changed the subject with a smile: "It's just convenient for management, you still need a lot of dedicated business."

Of course he did so for more than that reason.

He has been thinking about the failure of DreamWorks these days.

A powerful film and television company with no shortage of works, talents, contacts, and channels has just been played to death.

Although there is a certain internal discord, and the three giants have their own concerns and cannot work together, the main reason is that they do not have enough stable sources of funds.

Just like Time Warner stands behind Warner, and behind the Lions stands many giants in Europe and big bankers like Guzman, they will not be hurt by a few failures.

But second-tier companies like Lehman and DreamWorks are not necessarily so.

There are always risks involved with filmable films.

Historically, there have been many movie productions in which a production company invested in it went bankrupt.

A "Cut Throat Island" directly smashed the independent production company Carlock, which had been a hit at the box office for several years, into bankruptcy, and was finally acquired by MGM at a low price;

A "Cleopatra" almost closed 20th Century Fox, and the capital chain was broken. It was only recovered by selling its studio and company building;

A "Heaven's Gate" also led to the bankruptcy of United Artists, and was soon acquired by MGM...

And if "New York Line" is too bad, Firefly Pictures' liquidity will be gone, and Lehmann still owes Guzman more than 108 million US dollars, maybe even if it fails, it will also file for bankruptcy protection. It's just too unsafe.

Therefore, Lehman's real idea is that when the company grows, it can use Mann Media to carry out cross-exchange of control and equity, so that it can use the method of running a subsidiary to go public, and obtain funds in large quantities, and it is easier to find more sufficient sources of funds. .

But these don't need to be explained too much.

......

When several matters were determined, the first enlarged meeting came to an end slowly.

After Joseph was vaguely perfunctory, he didn't say anything and left quickly.

After the meeting, Lyman took Ryan to communicate individually.

Because of the reorganization of assets, the equity held by the two has changed again.

Among them, the shareholders of "Firefly Pictures" are Lehman and Ryan, Lehman holds 51% of the controlling stake, and Ryan is 49%; and "Blue Butterfly Entertainment" is most of the shares held by Lehman. , the proportion is as high as 95%, and Ryan has only 5%; Mann Media has Lehmann accounting for 73% and Ryan accounting for 27%.

Ryan didn't quite understand such a complicated setup, but out of trust in Lehman, he also signed the contract.

Under the witness of the lawyer, all the information was registered.

After leaving the building leased by Blue Butterfly Entertainment, in the underground parking lot, Lyman smiled and said to Ryan, "Maybe in a few years, you will be richer than your father."

Ryan's father has fixed assets of more than 400 million yuan, and several factories and clothing stores are very profitable.

"Let's take it step by step. I think the entertainment industry is too much water. The market value depends entirely on whether anyone is willing to spend so much money to buy them. There is too much room for fluctuations in the copyright of those movies." Ryan worried that Lehman's foundation would not When you are locked up, you want to expand in large steps.

In his mind, there are very few places where their company is not premium.

To really go bankrupt and liquidate, 200 million would be high.

Unfortunately, in such a big environment, all entertainment industries are inflated.

Just like the valuation of Internet companies, there are no fixed assets at all. Some people are optimistic about it, and it is valuable, and no one is optimistic. How much can a so-called idea be worth?

But that's how the times develop.

How can a businessman make money from the prospect of a sales company.

One-night myths are not something that can be done through business.

......

Driving the car, Lyman took Ryan back to the Firefly Studios building as usual.

After looking at the financial statements, I took another copy of the Los Angeles Daily.

With the beginning of the Christmas season, most people in the industry have always focused on the movie market at the end of the year.

At the beginning of November, a group of perverts from Pixar animation studio took out another "The Incredibles", which occupied the family entertainment market as soon as it was released.

As an animated film that focuses on young people and does not lose interest , it is very suitable for parents to watch with their children.

The film mainly tells the story of the great superman, Bob Bob, who is unwilling to return to the arena after retirement.

Disney's five-year distribution deal with Pixar has turned out to be a lucrative deal.

It has only been released for more than a week, and the domestic box office in North America has exceeded 170 million, which is not too different from the momentum of "Finding Nemo" launched last year. They are all animated films that are expected to get a box office of 300 million.

In addition, in the international market, the cumulative box office of the three-day release is as high as 45 million US dollars.

In one fell swoop, it created a new record for the international box office in a single weekend in the history of Pixar animation.

Disney, as a publisher, would die of laughter. Pixar Studio produces explosive products every year, but most of the annual profits are taken away by Disney.

what is this?

What is a working emperor, that's all.

The media is also frantically building momentum for "The Incredibles", hoping that the local box office will also exceed 300 million.

And in mid-November, Touchstone Pictures' "National Treasure," the action-adventure movie in which Nicolas Cage was heavily paid after regaining his status from "Bad Guy", also opened its premiere.

Naturally, Cage called a few days in advance and invited Lyman to join him.

Lehmann is still very interested in this commercially successful work.

He also agreed to attend.

: . :