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MTL - Heads Up Hollywood-Chapter 1229 A round
In Hollywood's internal fighting style, after a few years, Tang En has played with perfection, with frequent strange moves and tricks, and he has become an unbeatable fighter.
Especially after last year's Big Five incident, Dunn has become the most solid pillar in Hollywood.
However, it is different from the Wall Street fight.
In Hollywood's internal struggle, you can play tricks and tricks, but you can't do this with Wall Street.
This is a cross-border, and the final direction of tricky tricks will definitely tend to be political.
In this field, Hollywood has no advantage over Wall Street.
Fortunately, in the IPO listing, the initiative is actually in the hands of the listed company. The external image of the big investment bank is the platform side and the intermediary underwriter.
This allows both parties to have a fair bargain.
Wall Street is the home ground and has financial privileges; listed companies are the main body and have legal commanding heights.
In the determination of the issue price, the two parties are actually equals.
No one wants to destroy the cooperation, and everyone wants to reach an agreement as soon as possible, then it will be easy to deal with.
Take the evidence!
The more evidence the investment banks produce, the lower the issue price.
The more evidence that New Global has produced, the more the issue price can be raised!
This is a contest of hard power, it depends on whose level is higher.
Because New Global is the main body of the listing, New Global will definitely know more about its own situation than investment bank consultants. Speaking of which, it has a slight advantage.
The launch date of New Universal is August 8.
Before going public, New Universal will conduct a 10-day global roadshow to test investor reactions.
Therefore, there is not much time left for New Universal and Wall Street.
To reach an agreement as soon as possible!
Before the global roadshow, determine an issue price range!
Then, according to the results of the road show, the final issue price will be determined the day before the IPO.
On July 21, New Universal took the lead!
Marvel Studios, which raked in more than $2 billion at the box office this year with three films, Thor, Daredevil 2 and The Avengers, made a major announcement.
With the release of "Avengers", the first phase of the Marvel Universe has been completed, and the second phase has officially begun!
In the second stage, more superheroes will appear one after another, and there will be more exciting stories dedicated to fans.
And disclosed several films and their schedules initially determined in the second phase.
2007, May, "Ghost Rider 2"; July, "Captain America"; December, "Iron Man 2".
2008, May, "Thor 2"; June, "Ant-Man 3"; September, "Erica".
2009, March, Captain America 2; June, Daredevil 3; December, Iron Man 3.
2010, May, "Ghost Rider 3"; July, "Avengers 2"!
In addition, there may be an R-rated "Deadpool", and it is said that "Spider-Man" will appear...
This is good news for the market.
Wall Street was also very face-saving, and immediately raised the expected issue price by $2 to $198.
……
This summer, the second film with a global box office of more than 1 billion US dollars appeared, "The Avengers"!
"Daredevil 2" has yet to break the 1 billion box office, and "Pirates Alliance 3" also took a whole month to achieve its goal.
"The Avengers" is much simpler. It was released in two and a half weeks... to be precise, 12 days! It has completed the task target of 1 billion US dollars at the global box office.
The title of "King of Commercial Films" is well deserved for Dunn!
Of course, among the acclaim, there are always some unconventional film critics who think that Tang En is the best of Jiang Lang's talents and that he is squandering his talents.
What's the point of shooting this kind of comic sequel?
Is this what a great director should do?
Dunn Walker is a big director at the Oscar level. He doesn't want to make artistic explorations and technical breakthroughs, and he makes some stupid commercial films, which is really famous.
This kind of argument won't affect Dunn.
He was originally a businessman.
Making money is not ashamed!
He's not just making comics.
He has all planned, and the next movie will definitely be an exploration of the so-called art field. There are currently three plans, one is Dunn's "original" script, "Green Book"; one is a film remake that Universal Pictures intends to restart, "Berlin Spy"; one is a project by gold-medal producer Anthony Minghella , The Reader.
Among the three projects, Dunn currently prefers "Green Book".
Is it politically correct?
Especially after the listing of New Global, this is even more important.
After women's rights, racial equality will be another big topic, and "Green Book" expounds this concept, which will make Dunn continue to be the leader of mainstream Hollywood thought.
Of course, nothing is known yet.
Now the task is to go public!
As for what the next movie will be, we will have to wait until next year to think about it.
Now Dunn is participating in the celebration reception of "The Avengers".
12 days of release, global box office of 1 billion US dollars!
This kind of dazzling and even terrifying good news had to make Marvel Studios throw a grand party. Dunn, as a film director, is bound to participate.
Except for Zack Snyder and the main creative team who were not present because of the filming of "Ghost Rider 2", all the contracted actors and creative staff of Marvel Studios were present.
The first stage is over, and it is the end of the great harvest!
Next, the second stage.
Cooperation will continue.
Brilliant, will continue!
In addition, there were many important figures at the reception, including Steve Burke and Tom Rothman.
It's not because they congratulate "The Avengers" for quickly breaking through 1 billion dollars at the global box office. The real reason is to give Dunn a face and sell it well.
Hulu is on fire!
The streaming video website Hulu, which started on June 1, has become a hot word on the Internet in the United States!
Although the current website page is still relatively rough, the advertisement placement is still relatively foolish, and the business model has yet to be improved, and it is still in the beta version.
But even so, the powerful advantages of online streaming media have allowed more and more netizens to see the advantages of Hulu compared to traditional cable TV.
Today, the number of paying users in the United States has exceeded 3.5 million!
The monthly subscription price of $7.99 will make Hulu net $28 million in monthly subscription fees!
exploded!
It is impossible for traditional Internet companies to generate such huge revenue so quickly, and they can only maintain operations by burning money in the early stage.
How old is Amazon? Still burning money.
Hulu is only a few months old? You can quickly realize your self-worth.
This growth momentum is even better than that of Starz!
After all, in terms of the richness of the content, the Z station is much better.
The streaming media video business of "Internet + Hollywood" really has a head start!
It's a big deal!
At the beginning of Hulu's creation, Dunn used his strong appeal and reputation to raise $100 million on Wall Street with 10% of the shares, directly raising Hulu's valuation to $1 billion.
Now, Hollywood has a lot of confidence.
The popularity of Wall Street is also hot!
Judging from the current situation, Hulu's valuation...at least $2.5 billion!
News Corp and Comcast both have dreams of an internet empire.
Therefore, as the entertainment groups of these two companies, Twentieth Century Fox and NBC Columbia Pictures are naturally the most interested in Hulu.
Tom Rothman and Steve Burke are big figures. After Dunn heard that they were coming, he went up to greet them as soon as possible.
Kevin Feige of Marvel Studios is still a little bit worse.
When I saw Tom Rothman and Steve Burke, it was just a burst of congratulations and congratulations. Dunn listened to it all night, and his ears almost grew calluses.
His commercial film, the global box office of 1 billion US dollars is the basic requirement!
Don't forget, his first solo film was "Titanic".
Such a strong start requires him to have amazing achievements in commercial films, otherwise he will be hurt by Zhongyong.
After the hypocritical politeness, Dunn finally figured out the purpose of their coming tonight.
For Hulu's first round of financing!
The last round of financing with a 10% stake of US$100 million was an angel round, and the next round is the A round of financing.
Don't look at Hulu now has 3.5 million paying users and earns nearly 28 million US dollars a month, but it is still a long way from making a profit, and it is still burning money.
Hulu’s film and television library is very rich. Except for Universal Pictures, 20th Century Fox, Columbia Pictures, and Disney’s free film library resources, other companies’ film and television content requires payment, including Warner and Paramount. DreamWorks, Lionsgate, Summit Entertainment and more.
The monthly expenditure on film and television rights is as high as 20 million US dollars.
The angel round of funding currently has $33 million left, and it’s time for a Series A financing.
Steve Burke and Tom Rothman will be there in person, and obviously they want to participate in the Series A round too!
Hulu's four major shareholders are New Universal, NBC Columbia, Twentieth Century Fox and Disney, each with a 20% stake. On the surface, everyone seems to be equal and have the same right to speak. In fact, everyone understands that the one who has the right to speak is Dunn.
Therefore, Tang En's opinion is very important on who to choose as the financing target of the A round!
"NBC Columbia and Twentieth Century Fox want to participate in the A round of financing?" Tang En raised his eyebrows, a little embarrassed, "This will break the balance of the four major shareholders."
Tom Rothman sneered in his heart.
balance?
Balance ass!
Who doesn't know you have the most influence on Hulu?
Steve Burkes thinks so too.
To weaken Dunn's influence on Hulu, the most direct way is to dilute the shares of Hulu held by New Universal.
Of course, both Tom Rothman and Steve Burke were a little guilty.
At the beginning, when the streaming media business was questioned, they were all in a wait-and-see state, they didn't want to take a penny, and they were afraid of losing money. It was Dunn who relied on his face and his reputation on Wall Street to get a wave of angel investment of $100 million.
Now, Hulu is seeing success, and countless investment institutions want to participate in Hulu's financing and get a piece of the pie. It was profitable, so they thought about kicking Tang En out, which really felt like killing a donkey.
No way, this is the commercial society.
In the face of huge interests, there is no emotion to speak of.
It's a pity that they really underestimate Tang En's pattern.
To put it in a bad way is to use the heart of a villain to treat the belly of a gentleman!
Hulu?
Hulu is a piece of shit!
Dunn didn't take Hulu seriously at all.
The reason why he launched Hulu is to find a shield and a stepping stone for Netflix!
Even if Tom Rothman and Steve Burke didn't play this kind of trick, Dunn would gradually reduce his stake in Hulu and focus on the development of Netflix.
Immediately, a light flashed in Dunn's mind.
Hulu's A round of financing is an opportunity for New Universal and Wall Street to fight!
Wall Street will spare no effort to lower the price-earnings ratio of New Universal. The biggest reason is that the potential of the hardware industry of Dolby DVD players is weak, while ignoring the prospects of the Internet industry of Facebook and Netflix.
The success of Hulu represents the future of Netflix!
This will be a huge theoretical support for New Universal to raise the issue price.
"If Hulu wants to continue to develop better, it must carry out the next round of financing as soon as possible." The three discussed for a while, and Dunn gave such an exact answer, "If there is an opportunity to make money, we must be given priority. one's own."
Tom Rothman and Steve Burke were overjoyed!
Here comes the opportunity!
Michael Eisner has been hurt by the Internet, and Disney will definitely not participate in Hulu's A round.
New Global is in the process of IPO listing, the funds are in a semi-frozen state, and it is impossible to invest in other industries at this stage.
Take care of your own people first...that must be NBC Columbia and 20th Century Fox!
Tom Rothman and Steve Burke looked at each other and nodded secretly.
This matter must be done as soon as possible!
If the new global IPO is successful, and the book funds are restored to freedom, maybe they will have to intervene. Then their goal of diluting the shares of New Global ~www.novelbuddy.com~ will not be achieved.
Steve Burke said solemnly: "Yeah, financing is necessary, and the sooner the better! Although there are still more than 30 million US dollars on the book, Hulu is expanding its enrollment and intends to lease a larger office. Building, these all require huge costs.”
Tom Rothman also said earnestly: "Yes, the world of the Internet is changing rapidly, and we must give Hulu enough cash reserves. Otherwise, in the event of an accident, all our hard work in Hulu will be over."
"Since you don't have any opinions, let's do it." Tang En nodded in agreement, and then sighed, "But you understand the situation here at New Global, so I'm afraid you won't be able to participate."
New Universal was unable to participate, and Tom Rothman and Steve Burke were already happy in their hearts.
However, the face is always going to go away, Tom Rothman said sternly: "It doesn't matter, going public is the biggest thing, you should focus on the IPO. If you need help, let me know, I also have some on Wall Street. Networking. We will handle the financing of Hulu.”
Steve Burke reiterated: "With us here, Hulu's A round must be beautiful, the valuation will not be less than 2.5 billion US dollars, and the financing scale will not be less than 150 million US dollars. You do your business. Enough!"
Looking at the wonderful performances of these two old friends, Dunn laughed secretly in his heart.
thank you!
Thank you for your assistance!
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