Hollywood Hunter

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The power structure in Hollywood is very complex and cannot be determined simply by a person's position.

Often, the only way to sort out a person's apparent and potential power is to see where he reports to in Hollywood.

A studio president who is directly accountable to the top executives of the parent company may have as much power as the CEO. And a director like Spielberg, because he can communicate directly with bigwigs such as Steve Ross, his potential influence is still above the studio CEO.

Simon was not surprised by Robert Rehm's proposal.

In Hollywood at this time, Disney CEO Michael Eisner and President Frank Wells belonged to this equal relationship. Both report directly to Disney's board of directors. Michael Eisner is one level above Frank Wells, but in fact, he has no jurisdiction or authority over Frank Wells. The two have their own responsibilities. work.

According to information from memory, Disney's checks and balances of power largely contributed to the company's rapid rise in the late 1980s and early 1990s.

In the mid-1990s, when Frank Wells died unexpectedly in a helicopter accident, Michael Eisner began to dominate, and in order to maintain his rule over Disney, he did not hesitate to exclude dissidents. Gradually flowed into mediocrity, only to be revived in the era of Robert Iger.

Simon agreed to Robert Rem's request without much hesitation.

If it is a publicly-held publicly-held company, this level of executive management can easily lead to internal struggles within the company. But for Daenerys Pictures, Simon isn't worried about that. He has absolute control over the company, and once there is an infighting among executives, he has enough power to kick the unstable factors out of the company at any time to eliminate troubles.

After confirming the matter, the two discussed Robert Rehm's salary.

Daenerys Pictures is growing rapidly, and the expected earnings are even more staggering. Naturally, it is impossible for Simon to promise Robert Rehm's overall net profit sharing plan as easily as Amy did at the time.

However, Simon is not stingy. In addition to the agreed three-year contract and the same basic salary of $250,000 as Amy, Simon also agreed to set a bonus of up to $3 million per year, according to Robert Rem's performance. Determine the amount of bonuses he can get.

In Hollywood right now, even among the seven major studios, there are absolutely a handful of executives who can make $3 million a year. Even if Daenerys Pictures integrates New World Entertainment, it can only be regarded as a second-tier film company, and Robert Rem has no objection to this contract.

There are many precedents for such a compensation plan in Hollywood. Therefore, how to judge Robert Rehm's business performance and other details only need to be negotiated by lawyers on both sides based on past experience.

After negotiating these, Robert Rem also began to chat openly with Simon about the operation status and various problems of New World Entertainment.

The main problem for New World Entertainment is a lack of cash and a strike by Hollywood screenwriters, which has prevented the company's TV series projects that should have started preparations. In addition, Robert Rem also took the initiative to admit to Simon that New World Entertainment has about $20 million in various types of hidden debts.

20 million US dollars, which did not exceed Simon's expectations, this amount of money is also within his range.

Now that he is determined to win Marvel, Simon does not intend to make more troubles for this money. After all, this is just a common problem for Hollywood entertainment companies to make their own finances look a little better, not for shareholders or management to enrich themselves. As long as New World Entertainment can resume operations, the money can be directly absorbed into the company's rich cash flow in the future.

The two talked for more than an hour, and Robert Rem said goodbye and left.

Simon sent Robert Rehm away, and just as he sat down behind his desk, Amy knocked on the door of his office.

"Simon, this is the advertising placement contract I just negotiated with sponsors such as Mars and at-t. There are five companies in total, and we can get a total of $56 million in sponsorship fees. Also, this is Wells Fargo, Citibank, etc. Several financiers offered us loan packages, I think Citi's package is the best, the 7-year $250 million loan, they gave an annual interest rate of 4.6%. Wells Fargo gave an annual interest rate of 5%, but The term of the loan is five years. While Citi’s proposal would cost us an additional $20 million in interest, it would minimize our cash flow pressure.”

Simon glanced at the casual look on Amy's face, smiled, and first opened the financing plans provided by several banks for Daenerys Pictures' acquisition of New World Entertainment.

Although he resisted borrowing in his heart, Simon always knew that it was inevitable.

A quick glance at the two plans of Wells Fargo and Citibank, Wells Fargo's 5-year loan contract, Daenerys Pictures will pay a total of $60 million in interest, and Citibank's 7-year contract with a total interest of 8,000 Ten thousand U.S. dollars.

In both schemes, the total interest is more than 20% of the principal.

From this, it is not difficult to see why high-debt companies such as New World Entertainment are very easy to fall into crisis. Once the operating conditions are not good, such companies may not even be able to pay the loan interest when making profits every year.

In Daenerys Pictures' acquisition of New World Entertainment, GE has actually taken the initiative to forgive a large amount of debt interest.

After looking at the information in his hand for a while, Simon took the initiative to speak and said: "

I've negotiated with Robert Rehm that he will stay. "

Amy's eyes flickered, and she hummed, waiting for Simon to continue.

Simon didn't pause too much, and continued: "You know, Amy, we have already agreed on the last dinner at Iger's house, so he will join Daenerys Pictures next. My The plan is that your role will be changed to CEO of the company, mainly responsible for the day-to-day administration of the company and the film production business. Robert Rehm and Robert Iger are both presidents, Rem is in charge of film distribution, and Iger is in charge of TV."

Amy nodded, finally relaxing a little.

During this period of time, Amy felt more and more that the experience over the past year was somewhat unbelievable. She had never imagined that a small business that had been established for less than two years could quickly grow into a top second-tier film company in her own hands.

Leaving aside the rest for the time being, it's just that the salary contract she asked Simon for now is a bit staggering in value.

5% of the company’s net profit is shared. According to Daenerys Pictures’ operating performance this year, her personal income is likely to easily reach the level of more than 10 million US dollars. If you add the same value of forward equity awards in the contract, a Over $20 million in annual revenue. In the whole of Hollywood, no executive can get such a terrible annual income.

Many times, Amy herself doubts whether she is worth so much.

This suspicion has turned into worry in recent times.

You know, this year, you can get $20 million by yourself, so next year, just with the successful "Who Will Be a Millionaire" project, Daenerys Pictures' operating performance will not be too bad. Post-tape and TV rights revenue from projects like Harry Met Sally will also start to pay off. By then, she may be earning even more.

This year, the money Simon will definitely not be able to afford.

However, according to the original contract, if Simon did not want to continue to pay her huge salary, he only had to pay a liquidated damages of 1 million US dollars, and he could let her go.

Occasionally thinking about it, Amy felt that if it was herself, she would probably do this.

After all, such a terrifying salary is enough for Simon to dig up company managers who are far better than her. Daenerys Pictures' acquisition of New World Entertainment once again aggravated Amy's concerns, because she found that only the current CEO of New World Entertainment, Robert Rehm, was far beyond her qualifications in all aspects.

Since Simon negotiated the deal with Jack Welch and others, Amy has been worried that Simon will let Robert Rehm replace her.

Across the desk, Simon saw Amy nodding and said again: "By the way, Robert also put forward a condition to me, although the position is under you, but he wants to report directly to me personally, and I agree. Also, After Iger joins, it will probably be the same. You should know that it is difficult for your qualifications to suppress the two of them, so I hope you can accept this and cooperate with them both."

Amy was a little surprised, but nodded again quickly.

After a moment of silence, she still took the initiative to say: "Simon, since the position adjustment is going to be carried out, I think I can re-sign a salary contract."

Simon turned a page of the information in his hand, looked up at Amy, and said with a smile, "Are you dissatisfied with the current salary plan?"

Amy felt Simon's relaxed tone with a bit of ridicule, and wanted to roll his eyes at his young boss, but held back, saying: "I mean, my current salary is too generous, I can take less Some. Probably, 2% will do.”

"There's no need for that," Simon shook his head and said, "Amy, you took a lot of risk when you quit your job as vice president of Fox Films to work for a young boy like me. Moreover, this year You have been working almost seven days a week for a long time, and you haven't taken a vacation, which makes me very satisfied. I have always believed that hard work is more important than talent. If you don't run this company, it's just me One person, Daenerys Pictures is impossible to reach the current level. So, you are fully worth the reward. Of course, after the contract expires, Daenerys Pictures will definitely grow further, and if you still If you plan to stay, I may not offer you such a high share clause again."

After persuading Amy to let go of the knot, the two discussed the two documents in front of Simon.

In the following days, Daenerys Pictures' audit of New World Entertainment continued, and another week of the North American summer vacation passed without knowing it.

During the week from July 8 to July 14, one of the most talked about events in Hollywood is undoubtedly the successful breakthrough of "Pulp Fiction".

In the sixth week of its release, "Pulp Fiction" received an additional $9.87 million, with a cumulative box office of $105.66 million, successfully becoming the second Daenerys film in 1988 with a box office exceeding 100 million. And, based on the movie's box-office trends, Pulp Fiction's box-office potential is certainly more than $100 million, with even more to come.

As "Pulp Fiction" exceeded 100 million at the box office, many people immediately turned their attention to "Instinct", which was released on July 15.

During this time, various topics about "Instinct" in the media have not been interrupted.

Near the last week of its release, the gossip newspaper also exposed the news that the actor Michael Douglas refused to attend the "Instinct" promotion because of a poster problem, which once again caused media discussion.

Fox Pictures recently launched a multi-story "Instinct" in the bustling areas of major central cities in North America.

Huge posters even appeared in Times Square in New York.

However, in this poster, Michael Douglas, the new actor and the absolute hero of "Instinct", is completely invisible. In the whole poster, only the heroine Linda Fiorentino is dressed as a queen. Sitting on the sofa with his legs crossed, a cigarette in his hand, his chin slightly raised, his expression proud and dangerous.

Anyone who has seen the original "Instinct" will definitely remember a certain episode of Sharon Stone sitting on the couch with his legs exposed during the interrogation. Many 'crazy fans' will pause to watch frame by frame, of course, the actual Can't see anything on it. But that episode has been talked about by too many people for many years.

The new version of "Instinct" will still have this scene, and Brian De Palma's shots are no less than Paul Verhoeven. Linda Fiorentino's proud and rebellious character is even more evident in the film. Therefore, Simon set up a poster specifically for this.

Due to the high topicality of "Instinct", after this period of hard work, Fox Pictures finally expanded the scale of its opening screen again. When it was released on July 15, the number of "Instinct" opening screens finally reached 1,776.

As expected, "Instinct" was officially released, which unsurprisingly caused more intense media controversy.

Moreover, due to Simon's many previous works, although it will also trigger various discussions, but if you count it carefully, whether it is "Lola Run", "Pulp Fiction" directed by Simon himself, or "Butterfly Effect" handed over to others ” and “Death is Coming,” those films had excellent scripts.

However, this time, in the eyes of many people, "Instinct" is completely a erotic film. This film, except for a large number of sex scenes, was rated as Simon Weiss in just a few days. One of Tello's worst works even sparked condemnation from many of Simon's personal fans.

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