The affairs of the Abu Dhabi Investment Bureau did not cause much trouble to Ronan. On the third day after Ronan clearly refused, Saleh and Aziz returned to the UAE. Before leaving, Ronan met Saleh and talked in detail, confirming that there would be no trouble in the Investment Bureau.

Ronan also imagined that if the Abu Dhabi Investment Bureau was too forced, he would actively expose the acquisition case and then appear as a victim. North American public opinion has always been unfavorable to Arabia, and the Abu Dhabi Investment Bureau would definitely face huge pressure by then.

But in this way, it will inevitably become a hostile relationship with the Abu Dhabi Investment Bureau.

Fortunately, the final result proved that Ronan was thinking too much.

The Abu Dhabi Investment Agency claims to control trillions of dollars in assets. Although it attaches great importance to Hollywood's publicity role and influence, it does not take Ronan and Relativity Entertainment too seriously.

Ronan received news from Saleh that His Excellency Mansour has left Abu Dhabi and headed for Manchester, England, to demand a purchase of Manchester United, and face a strong competitor, Rupert Murdoch of News Corp.

It is estimated that Chief Mansour has no intention of caring about relativity entertainment for the time being.

However, Ronan knew that the entanglement between the theory of relativity and the Abu Dhabi Investment Bureau has not yet been broken.

The film "Ace Agent" has not yet been settled.

Embassy Pictures has reached its final stage in its overseas copyright authorization negotiations for "Ace Agent" and "The God of Death", and the target of cooperation is still Sony Entertainment.

Gramessi Pictures offered the same conditions as Sony Entertainment, but at Ronan's instruction, Embassy Pictures preferred Sony Entertainment as its partner.

For nothing else, Chris is still representing the negotiations of Sony Entertainment.

Chris helped a lot by taking over the distribution department of Polygon Films, and Ronan was also a reward for his favor. Moreover, Sony Entertainment is one of the two companies with the highest quotations.

In the conference room of the Embassy Film Company, Chris and Garcia signed contracts on behalf of the companies on both sides and reached an authorization agreement.

Chris did not leave immediately, but found Ronan.

"We are all old friends." Chris came up and complained: "I have worked together so many times, and your offer is still so high."

Ronan called someone to serve Chris with a cup of coffee and said, "The Ace Agent is only $10 million, not expensive at all. Such a wonderful action movie has a vast overseas market."

Chris said thank you to the person who sent the coffee and said to Ronan: "This movie has a box office of only $10.6 million in North America. I don't know what the situation is overseas. If it gets screwed up, I can't stay at Sony Entertainment."

Ronan said with a smile: "My people have done market research. A region alone can generate $10 million in revenue. This movie is definitely more popular overseas than in North America."

Having said that, if Sony Entertainment does not make good market estimates, will it cost $10 million?

Chris sighed, "I hope so."

Ronan said again: "Okay, don't complain. Didn't I still sell you the overseas copyright of "The God of Death"?"

"Yes, "The Death is Coming" is really good." Chris raised two fingers to Ronan: "But that's not a video, but a video pack, and the two videotape movies in it have been filmed for how many years?"

The contract was signed, and Ronan said the truth: "It was filmed four years ago when my father was alive." He continued to emphasize: "Chris, although these two films have been shot for a long time, I can assure you that the chance of pirated copies overseas is extremely low."

Chris is more certain than Ronan: "There are absolutely no pirated copies of these two films overseas. I am sure of this because even those in the industry who specialize in finding movies have never heard of these two films!"

Ronan was tempered by many tricks. How could this little thing be awkward? He said: "The total price of three films is only $50 million. The overseas box office of "The God of Death" alone can make you pay back."

After the theater chain counts the box office, the publisher settles with it. In most cases, North America divides the amount by about 50% and overseas is roughly around one-third.

As for discs, videotapes and TV broadcasts, revenue is mainly concentrated in countries with relatively complete copyright protection.

Chris took a sip of coffee and said, "I have no objection to "The Death is Coming", those two films..."

Speaking of this, he shook his head and thought about the film going to Sony Colombia, using "Death is Coming" as the core of the film package, plus two bad movies shot in Colombia, one good movie with four bad movies, is there any sales overseas?

There seem to be more bad movies in total, so three are better.

After drinking a cup of coffee, Chris said goodbye and left: "I won't bother you."

Ronan personally sent him out of the Embassy Film Industry.

In the future, we may not cooperate with Sony Entertainment. After all, the overseas distribution channels of Embassy Pictures are being integrated. After the next film is filmed, we can use our own channels to publish and release films overseas.

In addition, the Embassy Film Company recently recruited relatively suitable personnel and divided them into two teams, heading to the Middle East and Africa to build offices there and explore market channels.

Since we will not release movies overseas for the time being, the experienced Allen Albert also went there and will personally lead people to open up the market.

Robert Lee and Danny Donald, who are patrolling around the world, reported that due to the in-house funds of the Embassy Film Company, the establishment of offices in most areas was smooth, and some important personnel originally belonged to various branches of Polykin Film Company have also been transferred to the Embassy Film Company.

Ronan is also asking Mary to train people, and every region has to send a financial director.

It can be said that the entire company's structure is also being built, and Ronan will appropriately delegate power, but will not let a certain person or department have too much power.

In addition, Ronan has a relatively clear understanding that he lacks something in dealing with the company's daily affairs. This is a very normal thing. A person has limited energy and cannot be fully equipped.

He discussed with Mary, Robert and George, who were also veterans of Relativity Entertainment and his absolute confidants, but the three of them also had self-knowledge and were competent in managing a certain department, but they wanted to coordinate the overall situation but lacked their ability.

Mary made a suggestion to Ronan, in the future, hired a professional manager or other suitable candidate to serve as the CEO of Relativity.

Ronan has seriously considered this, and this is also a solution. When the company is large enough, it can hire an external CEO, with the chief financial officer, the president, and himself as the chairman, which is enough to form a relatively balanced supreme power structure.

Moreover, Ronan has also considered his future role and cannot be separated from the actual work of the company. Therefore, he must serve as chairman. If he wants to maximize the advantages of foresight, he can serve as the chief creative officer. Once the company is slightly larger, he must establish a project review committee, and he must be one of them.

There are basically audit committees in Hollywood. If the audit committee does not give the green light, a movie project will not be built at all.

The existence of the audit committee has its drawbacks, but it can filter out a lot of garbage projects. Overall, the benefits far outweigh the disadvantages.

Of course, these are the next plans. Relativity Entertainment is now an independent production company and belongs to the independent film industry. The independent film industry has always been chaotic and does not have so many rules.

The copyrights of "Ace Agent" and "The God of Death" were sold overseas, and the early income basically came to an end. Revenues such as TV broadcasting and disc and videotape rental are long-lasting late offline income.

Ronan also asked Mary's Finance Department to hurry up and improve the accounts, and asked George Clint to notify the Abu Dhabi Investment Bureau and private investors to prepare to settle their investment income.

But the notification is that settlement can be made through an international accounting firm, and they can also send people to Los Angeles.

Anyway, it will not settle in Abu Dhabi.

Due to the massive amount of energy and import and export business between North America and the Middle East, international settlement is easy.

The settlement time is in April, and Ronan needs time.

With the overseas copyright income of "Ace Agent" and "Reaper is Coming", all projects of Relativity Entertainment and its two companies, Shahai Entertainment and Embassy Pictures, ended in 1999. The three companies need to count their specific revenue status and net profits, and also need to prepare for tax filing in April.

In a country where tax resistance started, taxes are more eternal than death.

Fortunately, Embassy Film and Shahai Entertainment will soon invest in and operate new films, and there is room for investment tax deductions.

For example, the sequel to a successful movie, especially the one with low investment, Ronan does not intend to refinancing the filming. In addition to promising Tom Cruise's $1.5 million investment, the investment in the sequel to "Human Purge" will be raised within the company.

Compared with the first pioneering movies of original movies and series, the investment risk is much smaller.

The first movie with a large investment still needs to be filmed through financing to transfer risks.

In addition, the film watching department of Embassy Film Industry has also been re-established. Currently, there are only five professional film buyers, but they are all veterans of Embassy Film Industry who have been picking films around the world for many years. When the department is re-established, they will go to film festivals around the world to find small productions suitable for the distribution of Embassy Film Industry.

The type of films these people buy has inherited the tradition of Embassy Films for more than ten years, mainly independent films with investments of less than US$200,000.

According to the current North American film market, especially the family entertainment market, the small production purchased can basically guarantee a return on the money as long as one of the four movies can make money.

This is also the source of income that Embassy Pictures relied on to survive before it was acquired by Ronan.

Ronan also asked people to prepare materials for the Cannes Film Festival. The Cannes Film Festival in May each year has the strongest commercial scope of the three major European film festivals. In his eyes, the essence of the film festival is not the competition unit, but the film transaction.

The biggest function of the film festival is actually to provide a trading platform for buyers and sellers.
Chapter completed!