Chapter 136 [Pies are falling from the sky!] (1)
Chapter 136 [Pie falls from the sky!] (Part 1)
“Billy Hills Films.”
A yellow plastic folder is in my hand, and there are such a line of big words on the cover of the first page.
"This company was founded in the 1960s and experienced the golden development era of Hollywood. You should know that there have always been seven major film companies in Hollywood. The seven major giants are undoubtedly the number one group in the film world. The best development of this Billy Hills Film Company was in the mid-1990s. Although it was still far behind the number one group, it once stepped into the ranks of the second group. In its most glorious year, it once made two blockbuster movies, with box offices exceeding 10 million. One of them was a typical work of making a big reputation with a small profit, and it was also among the top ten annual box offices in North America that year. Of course, that was also the most glorious year for this company and the only year."
"After entering the 21st century, because the assets of the company's largest shareholder were in a bad state, the company's investment in movies was a bit confusing. In addition, the decision-making mistakes, he once invested in two movies in a row, causing the company to lose millions of dollars. More importantly, he lost a year of important development time! It is worth mentioning that there is another legendary feature of this company... Now the famous Harry Potter series, British female writer JK Rowling became a female writer with an annual income of more than the Queen of England with this set of works. And then, when "Harry Potter" was just a bestseller, Warner, one of the seven major Hollywood giants, invested more than 100,000 US dollars to buy "Harry Potter"
The copyright of the first episode of "Te"! Later, you know, Harley Potter became the most popular movie in Warner's years. It became a real money tree and gold mine! - But things are not that simple, to put it correctly. Before Warner contacted Ms. Rowling to buy Harley Potter, another Hollywood film company had already set its sights on this charming little wizard. You know, Harley Potter was far from as famous as it is now! But that company could see Harley Potter's market prospects with great vision before the super giant Warner! This is undoubtedly a very smart approach... And this company is 'Billy Hills Film Company'."
"Unfortunately, for various reasons, Billy Hills Film Company mistakenly invested in two other movies, which resulted in the company losing millions of dollars, and more importantly, the confidence of shareholders and investors! These reasons made Billy Hills Film Company unable to make up its mind to buy Harley Potter's copyright. Harley Potter was then bought by Warner... And now, everyone has seen it. Any Harley Potter movie in the series is calculated in billions of dollars! The fifth Harley Potter movie will also be released this summer. We can think
For example, at that time, Billy Hills Film Company was at its most glorious time. If they did not make investment mistakes and invested in two loss-making movies, they successfully purchased Harry Potter... You know, this company and DreamWorks also had a cooperative relationship back then... With the peak state of Billy Hills Film Company and the exquisite production of DreamWorks, if they were allowed to seize the money tree of Harry Potter, then now, I have no doubts. This company may even become a new giant in Hollywood with this most profitable series of movies in the world!"
"However, history has no assumption that "if". Billy Hills missed Harry Potter, and the losses that year put them in trouble. The company's cash flow was dry, and the lack of confidence of investors also affected the company's operations. As a result, in the next three years, they only made a small-produced movie, and the box office was barely enough. This was their worst time, and fortunately, they had survived. The company fell behind from the second group and never recovered. Now it has become a third-rate film company in Hollywood. However, although now it is
A third-rate company, this company basically has no ability to shoot movies on its own, but they still occasionally invest in some movies, or take on other film companies' work to help others distribute the movies they have made or take on some distribution and other tasks. It should be said that the company is now smaller, but it is small and has all the internal organs. If sufficient funds are injected into it, then this company is very good at it! They have their own independent distribution, distribution, operation, and independent film production parts, and everything, but they have it, but it is a little smaller."
"To add to this, the current financial situation of this company is... red. They are basically on the verge of bankruptcy. Thanks to Old Solin. He was completely interested a year ago and threw in several millions. Originally, he was probably planning to extend his tentacles to the film field and wanted to launder money by making movies.
Unfortunately, he later seemed to put the plan on hold too old, and the company had not received the inflow of funds from new land, and had already owed large loans from the bank, and had now entered a dangerous stage of insolvency.
The last spy for the bank is to repay the debt within two months, or to prove that there is a sufficient amount of funds to be reinjected into the company! Otherwise, two months later, the bank will apply to the district court for liquidation and sell the company. In other words, the company is bankrupt. In fact, the assets of their assets are now mortgaged to the bank."
Yang Wei was sitting next to me. She didn't read the information at all, but talked with eloquence. Obviously, she had already conducted sufficient investigations on the company.
By the way, we are not in a conference room now, but at an altitude of 30,000 feet from the ground.
In first class on North Atlantic United Airlines flights.
Yang Wei sat next to me, holding my chin, and patiently listening to her, then asked: "I have a problem. Generally speaking, banks will not easily force the company to go bankrupt, because once it goes bankrupt, it means that all debts can be automatically exempted, so the bank will lose it."
"Oh, that's because the company definitely has no ability to repay it now." Yang smiled: "It seems that the company's film library and all its assets have been mortgaged to the bank anyway. Anyway, the company cannot repay its debts, and the bank does not want its own money to make money...
As the saying goes, die early and get over the birth, apply for bankruptcy and liquidation as soon as possible, the bank can also auction the company's mortgaged assets as soon as possible, and at least exchange it for part of the money to recover part of the losses. The current situation is that the bank has made a decision to recover a little bit. Because if it continues to take off like this, the funds will be recovered in no time."
I frowned and looked at Yang Wei: "Then according to what you said, this company has rotten! Their bankruptcy is the best ending. The company has a large amount of debt, and they are just a third-rate film company in Hollywood. If we want to take over, we have to spend money to repay the company's loan debt on their behalf... Is this price too high? Is it worth it?"
Yang Wei's tone was very calm and he seemed very confident: "Of course it's worth it!"
She picked up the coffee in front of her, took a sip, and smiled, "I have paid attention to this company for a long time. So I conducted a thorough investigation of it and found some interesting things. Because in the year when the losses in history, the founder of this company, the original CEO of the company, had already sold its shares and left the company. There were two other people in the decision-making level who left the company together. In other words, there were no real experts in the decision-making level in the company after that.
The leaders of the new company elected by the board of directors obviously lacked understanding of the film industry. A series of mistakes made the company worse, and the leadership immediately laundered the group again... Now, the company's leadership was jointly entrusted by the bank and the company's shareholders to manage the professional manager of a trust company. This professional manager was still an expert, so he could barely maintain the company until now. However, the frequent changes of leaders have caused some problems in their internal management. And I got an important information, that is, the company still has some very valuable things in its hands, and the current company leader does not know the details of these things - if he knew, he would have sold these things for money!"
"Oh? What?" I said strangely: "Is there anything valuable in this company? Didn't you say that all their valuable assets were mortgaged to the bank?"
"It's a film appointment!" Yang Wei blinked, and she smiled cunningly: "In Hollywood, sometimes, a film appointment with a big-name director or a big-name star is worth tens of millions of dollars!!"
Looking at my confused expression, Yang Wei's eyes were a little excited: "Don't understand? Come on, I'll explain it to you... You will understand that we are almost holding a treasure pot in our hands now!"
Chapter completed!