Hollywood Hunter

Remember in one second [End of the God Station] Mobile phone user input address: m.xinwanben.com

The original "Terminator 2" was produced by Carlock Films, which is famous for its waste in Hollywood. Arnold Schwarzenegger not only received Hollywood's first high fixed salary of $15 million in this project, but the film also became a Hollywood film. The first film to cost over $100 million to make.

In my memory, "Terminator 2" just produced more than one million feet of film, and the final material used was less than 1%, which is enough to prove how wasteful the film is.

More than a million feet of film actually means a huge expense for the film crew to shoot those shots. Once a film crew starts work, it will cost tens of thousands of dollars every day, and a set of scenes that could have been shot in three days takes six days, and the budget will naturally double.

From "Abyss" to "Terminator 2" and later the famous "Titanic", James Cameron's series of films have never been completed on time, which is why Cameron's movies cost more money than other directors. root cause.

Simon and Joe Ross discussed it, only to confirm that Fox will continue to keep in touch with Cameron, and they can add more money to the screenwriter to let the other party serve as a producer. As for Cameron's own directing is the last resort option. At the same time, this project will not be included in the 10 film plan for the time being until all aspects are finalized, so as to avoid the main creators being sold at a price.

After talking about things, Simon returned to the Santa Monica Daenerys Entertainment headquarters, where Amy Pascal and another middle-aged man in his forties with glasses were waiting for him.

After getting Simon's advice, Amy has been looking for the heads of Daenerys International and Daenerys Home Entertainment during this time.

Daenerys International has confirmed internally promoted Mark Belford as president.

Mark Belford is about the same age as Amy. This young man in his early thirties has not gone to college. After graduating from high school at the age of 18, he has been in Hollywood with some connections at home.

After joining Daenerys Entertainment last year, Mark Belford accidentally caught Simon's attention and was quickly promoted after his outstanding performance in the release of "Scream" and other films.

The Hollywood media has different attitudes towards Mark Belford's rocket promotion. Some people commented that Simon was daring to hire people, and some people criticized Simon for being too flippant. Daenerys Entertainment also had some criticisms about it.

However, within a month of taking office, Mark Belford quickly took over the overseas business of Daenerys Entertainment. During this time, he basically worked as a trapeze in various countries around the world.

In the dispute between Daenerys Entertainment and Alista Records, the suspension of the original soundtrack album of "Bodyguard" not only did not affect the film's overseas distribution, but the film's box office and popularity in various overseas ticketing countries have bucked the trend. It is not unrelated to the marketing operations that Mark Belford has launched in overseas countries for a month.

This alone makes Simon confirm that his choice is correct.

The head of Daenerys International confirmed that Simon was going to meet the head of Daenerys Home Entertainment today.

Maurice Corman, in his 40s, has a slightly fat body and wears a pair of rimless glasses. He has nothing to do with Roger Corman, the king of Hollywood B-movies. He has been working at Columbia Pictures before, and his position is marketing. vice president.

After Sony completed the acquisition of Columbia Pictures, it can be said that this period of action has been frequent, purchasing the original MGM Studios in Culver City, merging the Cooper-Peters production company of Peter Cooper and Jon Peters, buying the original MGM Studios in Culver City. Cut off all the shares of the subsidiary Samsung Pictures, cooperate with Daenerys Entertainment, sell TV station assets and so on.

At the same time, the original management of Columbia Pictures is also in the ranks of Sony's replacement.

It is against this background that Maurice Corman left, and was officially selected to join after a few weeks of discussions with Daenerys Entertainment. The position is the president of Daenerys Home Entertainment, mainly responsible for Daenerys's Daenerys Entertainment subsidiary. The two major brands, Silk Films and New World Films, are responsible for the distribution of films on video tapes and TV broadcasts.

The determination of the heads of Daenerys International and Daenerys Home Entertainment also means that the power that originally belonged to Robert Rem was divided into three, and Robert Rem will continue to be in charge of Daenerys for the next two years. Domestic distribution of films produced by Pictures and New World Pictures.

The estrangement accumulated between the two sides was already deep, and Simon did not communicate much with Robert Rem on this matter. The reason why he didn't fire him is also because of his contribution to Daenerys Entertainment in the past year. Simon is not a person who likes to take offense and kill donkeys.

However, this is also on the basis that Robert Rehm will have to do his job dutifully for the next two years. If he resents being diverted from power or even deliberately messes up Daenerys Entertainment's film project, Simon will definitely not be relentless.

In fact, after confirming that Rem's powers were split into three, Simon told Amy to focus on the corporate distribution department.

After the meeting with Maurice Corman, Simon and Amy discussed Ella Deutschman again.

Ella Deutschman's one-year probationary period is about to end. Although Highgate Pictures is directly responsible for Simon, it is still Amy who came forward to discuss the salary plan after the official entry with Deutschman.

After several communications, it was roughly confirmed that Ella Deutschman's official contract period was 5 years and the basic annual salary was $300,000. At the same time, Deutschman can also receive 5% of the annual net profit of Gaomen Pictures as a bonus. According to Deutschman's performance over the past year, Simon's promised entry bonus last year was also confirmed at $2 million.

Ella Deutschman's 5% net profit share of Gaomen Pictures seems to be the same as Amy's, but the difference between the two is actually equivalent to the difference between a movie's box office net profit share and omni-channel net profit share. Moreover, Deutschman's terms do not involve equity awards.

Unconsciously, another busy day.

At six o'clock in the afternoon, Simon was about to leave work when Nancy Brill came to his office.

Putting a box of game cartridges on Simon's desk, Nancy sat down opposite and said, "The game team has adjusted some details again, Simon, try playing it again to see if there is any room for improvement. "

Blizzard Studio was officially established in February at the beginning of the year, and it has been 8 months now.

The normal development time for a game in this era is 3 to 5 months. It took only 6 weeks to make a game like "Alien et", which is completely messy. However, Blizzard Studio spent 8 It only took a month to grind out a game, which also gave Simon a feeling of having the wrong name.

The real Blizzard is known for bouncing tickets.

Moreover, the game development plan of "Teenage Mutant Ninja Turtles", which was originally divided into two, is an action role-playing type and a combat fighting type. At this time, Nancy came up with an action role-playing game similar to the Konami version in Simon's memory. Another fighting game took three months to set up in the early stage, and it is still under development.

Bounced tickets naturally mean budget overruns.

The original production budget of both games was $500,000. Now, the production budget of this action role-playing game is close to $1 million, and the other fighting game, if released early next year, has a budget of at least $120. Thousands of dollars, all doubled.

Because it is determined that the action role-playing version will be officially released in early November, Nancy Brill is also conducting publicity and promotion recently, and plans to launch it in Japan and North America at the same time. According to Nintendo's royalty system, the production cost of future game cartridges will also increase. It needs to be undertaken by Daenerys Entertainment herself.

Taken together, Daenerys Entertainment's total investment in this game has exceeded 2 million US dollars, and this does not include other aspects of Blizzard Studio's expenditure.

If it weren't for the fact that the quality of both games was very good during a few trials, Simon would definitely have called the project to stop.

In recent months, he has been used as a 'guinea pig' for trial work more than once. Seeing that Nancy brought another cassette that obviously won't change much, Simon quickly shook his head and said, "There are only three weeks left. It has been published, can it be modified now?"

"The 100,000 boxes of cassettes produced in the first batch will definitely not be changed, but the follow-up can be improved."

Simon gestured casually: "Actually, you should try out the consumer group of this game, not me."

"Certainly, the 8- to 22-year-olds are all within my testing range. Now, you're 21."

Simon interrupted: "How old are you?"

"It's rude," Nancy rolled Simon's eyes, got up and pushed the cassette towards Simon, and said, "Anyway, try it again, I'll get off work first."

Simon watched Nancy leave, put the box of game cartridges in his briefcase, and left the office.

In the next few days, Simon was still busy with various projects, and the undercurrent of the US junk bond market became more and more turbulent.

Friday, October 13.

At one o'clock in the afternoon, United Airlines held a press conference, announcing that due to the shortage of cash flow, the company could not repay a corporate bond of up to 1.5 billion US dollars on time. The management is urgently negotiating all possible financing plans and will ensure the maximum interests of investors.

Financial markets, of course, wouldn't believe United's rhetoric about securing investors' interests, and swarmed the sale of United's stock and bonds, setting off a chain reaction.

The crisis that has been accumulating for a long time in the US junk bond market has officially erupted.

After careful calculation, compared with the sudden Black Monday in 1987, this Black Friday "small crash" has too many advance signs.

Since the first half of this year, De Chong Securities, where the "king of junk bonds" Michael Milken once worked, has been in crisis.

The Wall Street financial giant, which has issued more than $80 billion in junk bonds in the past ten years, has been devastated by various insider trading scandals that have been involved with Milken, and many conglomerates that have been working closely with DeChong Securities Co., Ltd. It is no longer possible to obtain funds to support operations through repeated junk bond financing like drinking poison to quench thirst.

At the same time, after the 1987 stock market crash, the market's enthusiasm for junk bond investment has also dropped significantly, and the federal government's supervision of junk bond financing has become more stringent in the past two years. All these factors are driving the junk bond market to eventually collapse.

After the announcement of United Airlines, in the last two hours of trading on Friday, the stock prices of a large number of companies in the North American stock market plummeted. It was the second-biggest one-day drop after 508 points on the day of the Japanese stock market crash.

The S\u0026P 500 also plunged 32 points in the ensuing two hours as the broader market collapsed, an 11% drop from 286 points at the start of the day. It directly triggered the 10% limit-down limit of the S\u0026P 500 index futures on the Chicago Mercantile Exchange.

As of the close of the day, the stock price of United Airlines at the center of the storm plummeted 21% in two hours, and the price of United Airlines bonds fell by 27%.

In addition, many other distributions or

The stock prices of companies, banks and other institutions that hold a large number of junk bonds have also plummeted.

De Chong Securities bears the brunt. The stock price of the company, which has been falling continuously for the past six months, tumbled 19% in just two hours. The share price of Columbia Savings and Credit Bank, which has maintained a close cooperation with De Chong Securities for a long time, also fell sharply by 16%. .

Gillette Holdings, American Newspaper Group, General Resources, Uni-President Oil and Gas, and Reynolds-Nabisco, which just set a record for leveraged buyout at the beginning of this year, and a long list of well-known American companies have plummeted. Countless investors are terrified.

Everyone felt that another stock market crash had come.

Well, this time it's Friday.

You have two days to discuss coping strategies.

However, compared to two years ago, the federal government's rescue measures this time are obviously not so strong. The high-level hopes of the US federal government who originally thought that they could get emergency funds under such a crisis have just been ignited. The statement that the federal government will not foot the bill for highly indebted businesses is drowned out.

At the same time, there was more negative news about the junk bond market over two days over the weekend.

The front page of the Wall Street Journal on Saturday was a comprehensive statistical report from the junk bond market. The article pointed out that the composite yield growth of junk bonds in the past ten years was only 145%, while the yield growth of North American stock markets during the same period was as high as 207%, and even the composite yield growth of US Treasury bonds in the past decade reached 177%.

Not only that, in the past decade, 24 of the 100 randomly selected North American companies that had issued junk bonds had gone bankrupt or, like United Airlines, failed to meet their repayment obligations, which was five times the rate of other companies.

The article concludes that the high-risk, high-yield junk bond theory that Michael Milken has been claiming for the past decade is fundamentally wrong.

As a result, junk bonds have no real investment value, and many companies are just sustaining an ostensible prosperity with a recurring financing method akin to a Ponzi scheme. United Airlines' default on its debt was just the beginning of a collapse in the junk-bond market after a decade of prosperity. In the coming months, more companies and institutions will be dragged down by a deluge of worthless junk bonds.

In addition to the "Wall Street Journal"'s overall bearish view of the market, many negative news about some targets for issuing or holding a large number of junk bonds have also been exposed.

De Chong Securities was disclosed by the New York Times that the company’s cash flow has dropped from $1.5 billion at the beginning of the year to less than $300 million. This Wall Street financial giant, which holds a large number of junk bonds and requires a high proportion of capital for turnover, may collapse at any time. .

Columbia Savings and Credit Bank was also exposed by the "New York Post" that it holds up to $1 billion in United Airlines bonds and is United's largest creditor.

As the United Airlines crisis continues, this bond asset is conservatively estimated to have shrunk by more than 50%, and even completely cleared in the worst case.

The Washington Post also pointed the finger at Reynolds-Nabisco.

Not only did Reynolds-Nabisco’s share price not see the sharp rise it had hoped for after the record $25 billion merger at the start of the year, it fell 33 percent over the year compared to the time of the merger. The company's share of the tobacco market has also shrunk sharply, shrinking by 8% in less than a year.

Moreover, the merger of the two companies, Reynolds and Nabisco, which were all profitable, is expected to lose more than $1 billion this year. The company has also laid off 2,300 employees in recent months in order to save expenses. Some High-quality assets also have to be sold at low prices because of debt pressure.

All in all, the Reynolds-Nabisco merger was a complete disaster, and only the financial firms that pulled it off made huge gains. More than $1.5 billion in commissions were paid to Wall Street firms such as kkr, DeChong Securities, and Merrill Lynch for the entire transaction.

Although there are some remarks in support of the junk bond market, under the bombardment of intensive public opinion, all these negative reports have seriously damaged the confidence of countless investors who are not so firm.

After the weekend, the media was still buzzing, and North American stocks fell again after the market opened on October 16.

Financial markets have probably sensed where the crisis is headed, so the overall situation in the U.S. stock market has stabilized, with the exception of stocks and bonds of companies such as United Airlines, which continue to fall.

As a result, companies such as United Airlines, De Chong Securities, and Columbia Savings and Credit Bank are like old, weak, sick and disabled people who have only been abandoned outside the flock. Cersei Capital and other capital forces behind the scenes have continued for several months. After the layout, began to harvest their own hunting results.

Simon knew very well that this small crash would not last long, so he told Janet to liquidate the stock index futures contracts held by Cersei Capital as soon as possible.

In the following week, just the unwinding of more than 32,000 S\u0026P 500 futures contracts brought more than $500 million in profit to Cersei Capital, and the delivery of other large stock and bond short positions brought in as much as $1.1 billion. .

Moreover, the size of this batch of shorts is less than half of all Cersei Capital positions.

As the domino effect in the North American junk bond market continues in the coming months, Cersei Capital will continue to make even more lucrative profits.

Support (end this site) and share this site with those who need it! Can't find the book, please leave a message!