Chapter 59 Embassy Pictures
On a very ordinary weekday morning, Ronan came to the Los Angeles branch of Merrill Lynch again and met the agent.
In the reception room, Ronan asked: "How is the stock market situation?"
"Very good." Scott said with a smile: "The situation is very good, and the Nasdaq index continues to soar, which also drives the Dow Jones."
As a stock broker, he promptly promoted: "Ronan, I suggest increasing investment and buying more high-tech stocks."
After all, there is a commission only if there is a transaction.
Luo Nan nodded slightly: "My purpose is to invest more this time."
Although he would not stare at the stock market every day, he had invested $9 million before, and he would also look at the dynamics of the two stocks, Yahoo and Cisco.
Both stocks have risen steadily.
Yahoo rose from $64 per share at the time of purchase to $184, a surge of nearly triple.
Cisco's rise was slower, but it also rose from $14 per share to $17.4.
Scott asked: "How much additional investment? Which stocks are you optimistic about?"
"$5 million." Ronan said calmly: "Continue to buy the two stocks of Yahoo and Cisco."
It seems that it is more appropriate for Apple's stock to wait until the stock market collapses before buying.
Scott had dealt with Ronan and knew that he was a very opinionated person and didn't talk much. Such a super big customer would do what he wanted.
After accompanying Ronan to complete the procedures, Scott wanted to invite Ronan for lunch. Ronan had other things to deal with, so he declined.
Scott sent Ronan out of the company and said as he walked: "The stock market situation is very good now, and this situation can last at least four to five years. If you have spare funds on hand, I suggest investing more in the stock market."
Ronan smiled and said, "If you continue to invest, I will contact you."
In fact, Shahai Entertainment has reserved 20 million US dollars in its account, but he is not ready to make the money for the time being. George and Robert are still contacting a suitable issuing company. If the acquisition target can be found, the money may not be enough.
The two left Merrill Lynch Securities, and a fat blonde girl with a baking noodles ran over. Perhaps because she was a little fat, the fat girl was gasping heavily.
"Dad." The fat girl shouted to Scott.
Scott smiled apologetically to Ronan, and then asked the blonde fat girl: "Why are you here?"
The blonde fat girl seemed to be invisible: "My mother and I are shopping nearby, so we come to see you."
Luo Nan glanced at the fat girl. The girl was about ten years old. She had a sturdy face and was wearing obvious baby fat. I don’t know if she hadn’t changed her teeth yet and had one missing incisor. It is probably the reason why she was speechless.
"Scott, I won't disturb you." Ronan said goodbye at the right time: "If you have something to do, please contact me."
Scott smiled embarrassedly, pointed at the fat girl and said, "This is my daughter Taylor." He introduced to his daughter again: "This is Ronan, called Uncle."
Luo Nan waved his hand quickly: "Call me Luo Nan."
"Hello." The little fat girl smiled at him, revealing a fallen front teeth, which was particularly ugly.
"Hello."
Ronan nodded slightly to her, greeted Scott again, and left Merrill Lynch's evidence.
After driving back to Shahai Entertainment, he handled the work at hand, and checked the preparations for the trip to Abu Dhabu, Ronan calculated the time and called a German phone number.
"Hello, Aunt Helen." Ronan smiled and said with a smile when he heard the German accent of English there: "I'm very good here. The movie I just made has been successful. The company has turned losses into profits and everything is back on track. Go see you? Yes, I'm about to say it."
He heard a few words from the other side and said, "I will go to Germany before Christmas, and my destination is basically Berlin. Of course! Of course, I will visit you specifically, and there are some other things to do. I will handle some company business by the way. I guess I will stay there for a while."
The two new projects "The God of Death" and "Ace Agents" have very high investments, and Ronan has long planned to go to Germany specifically.
Of course he didn't go to orthopedics, and he didn't have a sister.
"Okay, you're busy, Aunt Helen." Ronan said with a smile: "See you in Berlin."
German sausages seem to be very famous. I remember Helen Koch just opened a meat shop in Berlin, maybe she can try it.
Ronan put down the phone and tapped his desk gently. Next, it was Abu Dhabi, and then went to Berlin, Germany. The two plans were closely tied together. If they succeed, Shahai Entertainment would only emerge from the small company.
If you want to truly rise, you must have your own distribution channel like Lionsgate Pictures.
In his previous life, Lionsgate Pictures was established in 1997. It took more than ten years to surpass the DreamWorks, a giant of the three largest film companies, and became the second largest film company in the industry after Hollywood. Its performance even once crushed Sony Columbia Pictures.
Compared to DreamWorks, Lionsgate Pictures is closer to Hollywood's seventh largest film company.
Unfortunately, like DreamWorks, as soon as several series of movies ended, Lionsgate Pictures fell straight. In the field of traditional distribution, Lionsgate Pictures was not as good as the six major companies with a deep foundation and backed by large media groups.
The six major Hollywood companies have never fought alone, and each one has a huge media platform behind them.
This is the fundamental reason why Hollywood's six majors can maintain the dominant position in the industry.
It is too difficult to rely on traditional channels to break through the blockade of the six major companies.
But traditional distribution channels cannot be given up. There is no independent film distribution channel. Just like "Human Clearance Plan", they can only stay downstream of the industrial chain and be exploited by the upstream.
Ronan looked on his desk for a while, found the latest Netflix report sent by the investigation and consulting company, and read it carefully.
The newly established company is in trouble, and Reed Hastings is still persevering.
With memories of his past lives and professionals keeping a close eye on him, Ronan is not in a hurry to take action and continues to wait for opportunities to get the best interests.
The knock on the door sounded, and after Ronan said he wanted to come in, Robert hurriedly walked in.
Ronan glanced at him and asked, "What's the matter?"
Robitt came to his desk and placed a thick piece of information on his desk: "Look at this company, this is the information provided by a friend of mine, which is very reliable."
Ronan opened the information and looked through it.
Robert continued: "This film company once had the ability to produce and publish independently. Later, in order to avoid risks, it specialized in distribution business. The company is not large in scale, but the distribution business has been doing it."
"The company's situation?" Ronan asked.
Robert Nodded: "This company is also in Burbank. It was founded in 1967. It was originally named Ivek Embassy Film Company. It was later renamed Embassy Films. It was originally engaged in film production and distribution business, and later focused on the distribution of small-scale independent films... Well, the business is mainly to buy cheap independent films from overseas and then distribute them in North America. The channels are relatively complete, and the performance can only be considered average. They have the ability to distribute video tapes and discs."
Ronan roughly understood that this is not involved in the production business with great risks. He bought some cheap movies that American audiences might like from overseas, and then bought them out to North America for screening. If the screening results are not good, they won’t be compensated. After all, the films are very cheap and can enter the video tape market later.
The release of the movie is very profound and in a simple way, it is the distribution channel.
People who have worked in commercial channels know that it is never easy to establish a complete distribution channel from scratch.
"They are willing to sell?" Ronan asked.
"I have a preliminary intention, but I can't confirm it." Robert said quickly: "I have checked it specifically. In the past three years, the annual revenue of this company has been only 30 million US dollars. Since 1995, the company's three largest shareholders have turned to the high-tech industry. It is said that they are investing in popular Internet industries, especially Nasdaq. This time they intend to cash out their shares, and they also want to increase their holdings in Internet shares."
Ronan looked through the information and said to Robert: "This company is included in the potential target. When we come back from Abu Dhabi, we will conduct a more detailed investigation."
So far, this is the most suitable issuing company. Although it is a bit far from medium size, it is much better than those small companies.
Chapter completed!