Chapter 442 Revenue 3 billion
By the end of the year, there was a relatively sensational event in Hollywood, which even rose to the height of the federal power structure, legal integrity and congressional hearings - the problem of pirated discs!
This incident has almost united the whole of Hollywood, and all agencies have used all their contacts and resources to protest to the government.
The animated movie "Monster Power, Inc." released by Disney has just been released for a week, and pirated CDs are sold on the roadside; when it comes to "The Chronicles of Narnia" and "The Lord of the Rings", it is even more unabated.
The influence of these two films is so great that there is even a scene of blocking the road to sell pirated CDs. This is a blatant crime on the street, and it is no different from a street robbery!
In response, the Motion Picture Association of America filed a lawsuit with Congress, requesting investigation and rectification.
The Federation also responded quickly and notified Disney, Warner Bros., Universal Pictures, Paramount, Columbia Pictures, MGM, and 20th Century Fox to prepare them and actively cooperate. The Federation has sent a working group to investigate. .
Tang En Pictures, as the most popular film company in the past two years, was not on the list!
From an official point of view, the American Film Institute is the representative of Hollywood. No matter how much money Dunn Films makes and how many classic movies it makes, it will still be difficult for them to be elegant.
Tang En's reaction was relatively dull, just in time to relax.
"Juno" is about to be released. This is the first movie produced by Rose Pictures, and it is also the first feminist movie launched by Dunn. Even if it is a small audience, it must be taken seriously.
Dunn has already sent invitations to the five major feminist organizations in the United States. When "Juno" is released, a special screening will be launched to promote feminism.
Also, it's the end of the year, and the year-end wraps up.
The STA TV network has 15.8 million subscribers at its peak! After playing "Band of Brothers", the number of member users declined slightly, to less than 15 million.
But this will not affect the STA TV network receives a huge subscription revenue from Comcast - excluding the 810 operating fee, a total of 580 million US dollars!
You know, the subscription revenue of the STA TV network in the first half of the year is less than 60 million US dollars.
As for the film industry...
This year, Dunn Pictures has released three films, "Unsinkable", "Mrs. & Mrs. Smith", and "A Beautiful Mind", and they are all in theaters.
In addition to the "Chainsaw", "Drug Net" and "Soul-Shifting Girl" that were still in theaters at the beginning of the year, this year, Dunn Films has won a total of 850 million US dollars in the box office market!
As we all know, the peripheral income of the movie is the bulk. The peripheral copyrights of "The Unsinkable" and "Mrs. Smith" are still under development. With Universal Pictures as a middleman, the specific financial situation will not be seen until next year.
However, at present, Dunn Pictures has obtained the peripheral income statement of several movies last year, including "Spider-Man", "The Girl Who Moved Soul", "Chainsaw" and "Poison Web".
These four films have received a total of 1.28 billion US dollars through peripheral products, discs, pay-on-demand, and TV broadcasting authorization!
Among them, "Spider-Man" alone contributed 90 of them!
Disc sales revenue, US$210 million in North America and US$90 million overseas; disc rental revenue, US$45 million in North America and US$17 million overseas; pay-on-demand, US$56 million; North American TV revenue of US$110 million and overseas TV revenue of US$80 million ...
It is worth mentioning that the toy sales of "Spider-Man" are very popular!
Among them, the one-person-high simulation "Spider-Man" sold for as high as $150. Once it was launched, 22,000 units were sold within 12 hours, and the total sales in the past year exceeded 560,000!
In the past year, the sales of "Spider-Man" merchandise reached 1.67 billion US dollars!
That's only $280 million less than the strong sales driven by "Star Wars: Episode 1: The Wraith Menace"!
In terms of revenue from peripheral products alone, Dunn Films got 540 million US dollars!
This is the true power of Spider-Man!
In the previous life, Sony Group fell into bankruptcy for a time, and it was Sony Entertainment's outstanding performance that saved Sony.
Sony Entertainment relies on Sony Pictures, Sony Pictures relies on Columbia Pictures, and Columbia Pictures relies on the "Spider-Man" trilogy!
So much so that the once-mighty electronics giant Sony once internally discussed to complete the strategic tilt, cut off the electronics department and the game department, and transform into an entertainment company.
Throughout 2001, including Marvel Entertainment, Marvel Pictures, STA TV Network and many other subsidiaries, the total revenue of Dunn Pictures reached 3.02 billion US dollars!
Of course, there are also a lot of expenses, and Dunn spends a lot of money.
In terms of investment in the production of TV series, movies and cartoons, it has reached 1 billion US dollars.
In addition, in order to develop the STA TV network, he also spent huge sums of money to acquire the TV rights of many movies; he spent another 130 million US dollars to order 3 planes in the name of Dunn Pictures, which were allocated to the president of Dunn Pictures, the president of Marvel Pictures and a A public business jet; plus employee salaries and dividends to major guilds...
Over the past year, Dunn's spending has also reached 1.73 billion US dollars!
Of course, it's not over yet.
After more than two months of negotiations, the acquisition of imax has been basically completed.
Compared with imax's stock price of only $1.1 at the time, the stock price has now risen to $2.3 because of the acquisition rumors. Under the leadership of Chief Financial Officer Brandy Norris, Dunn Pictures continued to raise the price to $3.5 per share. The price finally satisfied the appetite of imax shareholders.
In addition to the transaction price of 180 million U.S. dollars, Dunn Films also has to bear the debt of more than 40 million U.S. dollars of imax company, and the total transaction amount is as high as 220 million U.S. dollars!
Because it is a listed company, the approval of procedures and the withdrawal of shares by retail investors are more troublesome. It is estimated that the entire transaction will be completed within half a year.
The original market value of imax was only 60 million US dollars, but Dunn Pictures needed 220 million US dollars to complete the acquisition, which caused a lot of criticism within the company.
Especially Natalie's mother, Shirley Hirschler, the former financial director of Down Films, has a lot of remarks.
Obviously, she doesn't like to be airborne to be the immediate boss of the financial business.
But Dunn and Chief Financial Officer Brandi Norris are full of praise for the deal.
"imax has developed a new DMR technology and is applying for a patent. It is expected to be approved in February next year. When this technology is launched, imax's revenue and market potential will be greatly improved." Brandi Nou Reese has successfully completed this acquisition as soon as he entered Dunn Pictures, and is very satisfied.
Dunn is even more satisfied!
DMR technology is mainly to convert ordinary versions of movies into imax versions.
This technology is almost a revolution!
Let the imax giant screen have more possibilities to enter the ordinary cinema.
Because everyone knows that a bigger screen means a better viewing experience!
There were very few imax screens in the past, mainly due to the lack of enough imax movies - filming with an imax camera is such a pain!
But as soon as the DMR technology is launched, the status quo will be changed immediately, allowing the imax giant screen to successfully move from the edge of the cinema to the mainstream view and become a popular trend for new movie viewing experience in the future!
It can be said that Dunn Pictures spent 220 million US dollars to acquire imax, which is not too expensive, but a bargain!
If you wait for the DMR technology to be launched and then acquire it, I am afraid that the price will double.
"Where's Dolby Laboratories? It's so difficult?" Dunn asked with a frown.
Brandy Norris said: "It's a family business problem. Dr. Dolby is old, but he hopes that the company can be handed over to his son. The Dolby Laboratory is his life's effort, and he doesn't want to sell it to others."
Tang En said solemnly, "Is he not afraid to follow in the footsteps of Wang An's laboratory?"
Brandy Norris shook his head and said: "This is different, Dolby Laboratories has relatively little business, and little Dolby is also a scientist. In recent years, he has been in charge of business dealings, and he has done a good job. Not a playboy, not like Wang An's son."
Tang En pondered for a while, and said categorically: "No matter what, we must take down Dolby Laboratories! In terms of price... we can make some concessions!"
The capital flow of Dunn Films is too abundant now. Dunn Capital has invested 7 billion US dollars and made a profit of 1 billion US dollars this year. In addition, Dunn Pictures now has almost zero debt, and if it borrows debt, it can get at least $5 billion in cash.
By 2002, a few big deals had to be done!
Brandi Norris said: "Actually...it's not difficult to buy Dolby Laboratories. I have already said the key point. Dr. Dolby is more than money What matters is the company's control. right."
Tang En narrowed his eyes and thought about the achievements of the Dolby Laboratory under the leadership of Little Dolby in his previous life.
not bad!
The market value of Dolby Laboratories when it went public in 2005 was US$2 billion. Under the leadership of Dolby Jr., the company has grown and grown, and its market value has soared, once exceeding US$7.5 billion.
More importantly, Dolby's brand value is great, and through innovative technical means, the movie viewing experience in cinemas is getting better and better.
The contribution in this regard is even greater than that of imax.
Dunn nodded, "Do you know the model of Warner and New Line?"
"what?"
Brandi Norris is a financial elite, not a Hollywood insider.
Tang Endao: "New Line was acquired by Warner, but it has maintained independent operation, not only financial independence, but also business independence. The two parties signed an agreement, and Warner can only interfere in the internal affairs of New Line Pictures under one circumstance. "
Brandy Norris immediately stunned, "When New Line Pictures made a major strategic mistake and suffered a big loss in performance!"
In the previous life, New Line Cinema invested heavily in the commercial blockbuster "Dark Matter: The Golden Compass".
Dunn smiled and said: "Yes, Dunn Pictures is a film company, we will provide Dolby Laboratories with a rich source of film sources to help its business development, such as DMR technology. As long as Dolby Laboratories can walk in a correct, On a fast and innovative development path.”
Brandi Norris said solemnly: "If this is the case... Dolby and his son will be easy to handle!" ()
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Chapter 442 Revenue 3 billion