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Text Chapter 624: Hollywood Tradition

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    Of course, extra money will always be extra money and cannot be turned into an industry.  The point of extra money is sudden surprises, like windfalls.  You are lucky if you get it, and you can¡¯t blame anyone if you don¡¯t get it.  Li Mingbao did not regard extra money as his main business. Although he knew that he could make a lot of extra money, it was still not as good as his own industry. If he always thought about making extra money, then Li Mingbao's achievements would only be that.  Anyone who has reached the point where Li Mingbao is now can no longer rely on extra money to make a living. He must have his own perfect industry. Otherwise, no matter how much extra money is, it is just a piece of fat. For those who are truly powerful  For people who live on extra money, they have countless ways to get rid of them and teach them how to behave in minutes.  Li Mingbao naturally does not want to be a weakling among the rich, so when he encounters a suitable opportunity, Li Mingbao will make some extra money. If there is no such opportunity, Li Mingbao will not create opportunities for opportunities.  If you want to, that would not be in line with Li Mingbao's character.  Although these extra money are very tempting.  But Li Mingbao still suppressed more thoughts in his heart and continued to ask Mary: "It was a bit unexpected. I didn't expect that this patent could make so much money, but having so much money is not a bad thing.  . I thought it would take three industries to work together to get the funds together, but I didn¡¯t expect that the patent fees alone could basically meet John¡¯s and their requirements. It seems that my industry in the United States has a profit return.  "It's quite high." "Boss, you only know! In Hollywood, I don't know how many bosses envy your income. You may not be able to stay in the United States for half a year, but your industry  The income here is higher than the income of most Americans in several lifetimes. Even for some small consortiums, their annual profits may not be as much as those of their bosses. You don¡¯t even know the industry bosses here.  How much do you want to copy your successful method? Now even in the horror movie business, there are many people competing with our DreamWorks. You know, before the boss appeared in the United States, the horror movie genre was always relatively niche.  , and the income is not very high, otherwise the directors who made horror movies would not be so miserable. But now, although horror movies are still a niche movie category in Hollywood, they have also attracted a lot of attention.  People's attention, especially those small and medium-sized film companies, the number of horror movies they currently produce is much higher than our company's output. Unfortunately, they still have not learned the essence of their boss. In addition,  The outstanding film directors and actors of this type of film are basically all in our company, so to a certain extent, boss you have monopolized most of the market and share of Hollywood horror movies, and others want to learn from you, boss  It is still difficult to succeed in the old way. To be honest, our DreamWorks is now in Hollywood and has completely changed the fate of a movie genre. Even the giant companies would be very envious of such a company, if not for it.  The relationship between our company and 20th Century Fox has long been interested in our company," Mary said proudly on the other end of the phone.  "This is normal. If DreamWorks has developed to this point, it would be impossible if it was completely protected from the prying eyes of the outside world. This is why I was preparing to sell DreamWorks at the beginning. At that time, our company  In terms of strength in the United States, it is simply delusional to want to compete with those companies, but it is different now. Since we have such a good stage, we naturally have to do our best. Others envy others, as long as we do our own thing well.  , I hope that in the future our slogan of DreamWorks will be to always innovate and never imitate. This will be in line with our company¡¯s strength in Hollywood. Now let¡¯s put aside the company¡¯s affairs and talk about our company¡¯s profits in detail.  Question, I remember that the profit of DreamWorks Film Company should be quite large. Last year, the cash flow seemed to be close to 200 million US dollars. Now, the cash flow should be more, right?" Li Mingbao said.  arrive.  "DreamWorks' current cash flow is actually not that much, that is, a little more than 200 million US dollars, about 11 million more. This is the funds on our company's accounts. Of course, the actual income is still  It should be higher. Boss, you also know that the cash flow in the film industry is quite troublesome. It takes several years to recover the funds for some movies. Although our company cooperates with 20th Century Fox, compared with  It is much faster for ordinary film companies to recycle funds, but after all, it still requires a process. From last year to this year, we made almost ten movies, and we have only received box office share of six movies from the theaters.  There are still four movies, and the shares will not be recovered until the end of the year at the earliest. This is because?With regard to Tenth Century Fox, if we rely solely on our own strength, it is not impossible for the money to be delayed for a year or two.  As for the income from the movie box office, boss, you know that this is not the majority of our company's income. Horror movies can never become mainstream on the screen, so the movie with the highest box office is actually  The box office revenue is less than 40 million US dollars, which also requires a lot of distribution expenses. For things like theater revenue, our share is only about 13 million US dollars.  More income still lies in the video tape business. This income can now basically account for more than 40% of our company's income. This is also thanks to the wisdom of the original boss, who understood what the sales of horror movies are.  Locally, we directly purchased a video production company and paved the channels. Although the construction of the channels cost us a lot of money, the cost of these funds was recovered last year, and now they are all interest.  Coupled with some other income, I took a look and found that the funds that cannot be recovered from outside are about 230 million U.S. dollars. This amount, by the end of this year, can be recovered to 100 million taels.  Ten million US dollars, in the first half of next year, another 60 million US dollars can be recovered, and the remaining 50 million US dollars will be received gradually within two years.  And this money cannot be used by the company at all now. Unless the boss uses the money as collateral in the bank and borrows the bank's money from the bank, it will be difficult for us to use this fund.  "Mary said helplessly to Li Mingbao. "Hollywood money is not as easy to make as the outside world thinks. Some money, even if you really make it in your own pocket, if you want to really put this money into your own pocket,  It still requires a lot of time and energy in the pockets of Li Mingbao and others. This is not just the case with DreamWorks like Li Mingbao. It can basically be said that this kind of thing runs through the entire Hollywood, not to mention large film companies like Li Mingbao and others.  It is a giant company, and there is no solution to this problem. They are the producers of such things, and they are also the victims of such things. Film companies like Li Mingbao and others with good profits are doing quite well.  It is not uncommon for film companies whose profitability is not that good to be dragged down by debt. It is not uncommon for a payment of millions of dollars to be delayed for more than ten years.  It's not uncommon for the borrower to die of natural causes and then be pressed for payment by the court. If someone who doesn't know the industry comes in, it's more difficult to make money than in other film markets. Although the box office revenue and other income here are impressive.  It sounds very good, but the actual situation is not the same at all. It was largely luck that Li Mingbao was able to get rid of "Home Alone" so easily. If 20th Century Fox didn't know what it was, then  This movie was made in 1982, so even if it was only released in 1992, there is nothing surprising about it. But Li Mingbao's luck does not only lie in this aspect. 20th Century Fox's appreciation can only be said to be Li Mingbao's success.  After taking the first step, if anything goes wrong, it is 100% likely that Li Mingbao will spend all the money he received from the United States without getting any return, and Li Mingbao will be very wise later.  Selling all the subsequent copyrights of "Home Alone", coupled with the unexpected box office of "Home Alone", are the real reasons why he was able to make hundreds of millions of dollars in Hollywood at once. If there were not many aspects of  Due to coincidence and achievements, it is simply impossible for Li Mingbao to obtain capital so quickly and gain a foothold in Hollywood. Li Mingbao is lucky. How many foreigners came to Hollywood in the United States without even thinking about making money in the first place.  They just want to gain a foothold in Hollywood. For such a simple request, they will not get anything in return. It is so easy for someone like Li Mingbao to get to this point in Hollywood. In the history of Hollywood,  Among them, it is very rare. Therefore, it is normal for even the local film companies in Hollywood to be envious and jealous of Li Mingbao. Since he has entered the Hollywood circle, Li Mingbao naturally needs to abide by some rules in this circle, such as  He must abide by the rules of defaulting on debts. If he dares to break the rules, Li Mingbao will not want to continue to hang out in this circle. As for why there are such egregious defaults on funds in Hollywood, it actually has nothing to do with Wall Street.  Helping bankers also has a lot to do with it. Any successful company in Hollywood understands a very simple truth, that is, cash can make money. The more money you have, the more money you will make.  , the more other people's funds are withheld, the more you will earn. Don't forget the bank's interest and some personal interests.In time lending, if you encounter such a thing, as long as you keep the money in your own hands, you can make a lot of money in a day, a month, a year, two years, or even a lifetime.  The benefits that can be obtained in this way are countless times higher than the principal of the money.
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