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2704 [Titanic release]

In December 1997, "Titanic" was officially released.

"Titanic" is officially released.

Xia Tian was very happy to know this news. Because as soon as this movie was released, it indicates that his chance to make money has arrived. Not to mention the 3D version released in more than ten years, this version alone has a box office of 1.8 billion US dollars. Compared with the cost of 200 million US dollars, it can be said that it is a big profit.

Xia Tian is now starting a business everywhere, building websites, real estate, telecommunications, and power generation. It can be said that he wants money everywhere. Although the profit of one billion US dollars is not too much, it is enough for him to use it for a while.

So in order to make the box office of "Titanic" higher, Summer went back to the United States to cheer for the movie and promote it personally.

Once there was a summer, the reputation of "Titanic" naturally increased.

However, the general view of this movie is that the investment in summer will fail and it is unlikely to recover the cost.

Because "Titanic" has been planned for five years and has been filmed for two years, with a total investment of more than 200 million US dollars, making it the highest-invested film in the history of the world.

Previously, it was originally invested by Fox Pictures, but later because James Cameron really liked to burn money. It was originally planned to cost 75 million US dollars, but he continued to invest more due to his frequent burning of money. For example, to build a lake parked on the Titanic, Fox Pictures bought forty acres of land in Moxico.

Faced with Cameron's repeated additional investment requirements, Fox Pictures was really hard to support, so it resold the project to Xiatian. After Xiatian took over, it successively invested more than 100 million US dollars, and finally the filming of the film was completed.

The cost of 200 million US dollars is indeed not much in previous lives. Like Marvel superhero movies, the cost often exceeds 200 million US dollars. But in 1997, 2000 US dollars was a sky-high price.

At that time, a blockbuster could be made with 50 million US dollars. For example, the big star, big production, and big scene "Mission: Impossible" released in 1996 was only 80 million US dollars.

"Titanic" is so expensive, but the two actors, Leonardo DiCaprio and Kate Winslet, were both unknown second- and third-tier actors at the time. In terms of box office appeal, they naturally could not be compared with the American superstar Tom Cruise at that time.

"Mission: Impossible" has a box office of only $180 million in North America and a global box office of only $450 million. The cast of "Titanic" is not as good as "Mission: Impossible", so the box office attractiveness is naturally reduced.

Furthermore, "Mission: Impossible" is an action blockbuster with many big scenes, especially the last helicopter chases the train in the undersea tunnel, which is an unprecedented big scene in film history, both thrilling and exciting.

In comparison, although there are big scenes like the ship sinking in "Titanic", it is more about portraying the love story of the male and female protagonists, which is not much of a big deal.

You know, the box office of "The Pretty" starring Julia Roberts is only $460 million. Even if "Titanic" is sold for the most, it will be as good as it at most.

Therefore, in the eyes of the outside world, the highest global box office of "Titanic" is only about 450 million US dollars, and its sky-high cost of 200 million US dollars is definitely difficult to recover.

This movie will also become the first loss-making work to be the producer of Summer and personally participate in the investment.

Before summer, I participated in investing in many movies, but the magical thing is that every movie makes money. Whether it is horror movies, romance movies, science fiction movies, action movies, martial arts movies, or drama movies, all the movies he likes make money.

This is a miracle in the eyes of many filmmakers! Because there has never been a saying in the film industry that the general is always victorious. Even if he is a genius or a producer with a good vision, he will be at odds.

But it is really rare to invest in so many movies in summer but maintain a record of not losing money.

Of course, the more jealous people are, the more they are, the more they are, the more they are, the more they are, the more they are, the more accurate summer's investment vision is, in the eyes of many people, they are naturally very dissatisfied and jealous.

Now, seeing that he finally lost money, many people naturally enjoy watching the show.

...

On December 19th, "Titanic" was released in nearly 10,000 theaters in North America at the same time, with an unprecedented scale.

But what is embarrassing is that the average attendance rate is only 30%, and the box office on the first day is only 8 million US dollars.

Such achievements were beyond everyone's expectations.

Although many people speculated that the movie "Titanic" would lose money, they never thought it would lose so badly. On the first day of its release, it was so large, but the attendance rate was so low, and the box office was only eight million US dollars, which was even lower than what they had previously estimated.

"The investment myth of summer failed, and the Titanic box office was frustrated!"

"Tianxia Production is facing the biggest loss, and Teknik is expected to lose $1.5 billion."

"Fox escaped the disaster and lost 150 million in summer!"

Several American newspapers have published articles gloatingly, and it is estimated that the final box office of "Titanic" may be less than $100 million.

In this case, Tianxia Production will lose 1.5 billion US dollars. Such a huge loss, even if it cannot be closed, will at least affect its future development and may withdraw from the competition among the six major Hollywood films in advance.

The summer lost $1500 million, although his net worth exceeds $10 billion. A mere $500 million is not a big deal for him.

But the economic losses are small, but the reputation losses are huge. The failure of summer investment myth is the biggest trouble.

Because before, whether it was summer investment in movies or business, there was almost no loss, so over time, it became a "golden signboard".

"After summer, you will definitely make money" has become an investment guide for many people. After he invested in the Internet, many people rushed to invest in the Internet. For example, he worked in semiconductors in Southeast Asia, and many semiconductor industries in the United States followed suit and went to Southeast Asia to invest...

Because of the golden sign in summer, the business of the World Group is easier to do. For example, DuPont Clothing opens stores overseas and gets relatively low rents because it has a strong driving effect.

Once it set up a store somewhere, other brands quickly gathered to keep local rents rising, so they would rather sacrifice a little rent to welcome DuPont clothing to settle down.
Chapter completed!
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