After carefully reading the information of the two companies, Eric discovered that, perhaps because it was established more than ten years ago, the strength of New Line Cinema is far stronger than that of Miramax.
The simplest evidence is In terms of distribution capabilities, New Line Cinema of the second-tier film studios had been able to roll out to nearly 1,500 screens for a movie, but Miramax was still in the midst of small fights, and can only raise up to four or five hundred screens for their movies.
Moreover New Line Cinema, whilst Miramax were still developing, had already started the production of the independent movies. They already had the very profitable copyright of the"A Nightmare on Elm Street"series, but Miramax was still in the process of buying pictures for release.
Seeing this, Eric couldn't help but wrap the table as he suddenly remembered that he missed one thing, that is, about Steven Soderbergh's "s.e.x, Lies and Videotapes", with this film, Soderbergh became the youngest Palme d'Or winner at the Cannes Film Festival a few months ago.
At the time, Eric had reminded himself to buy the North American copyright of the film, but because he was busy during shooting of the"Running Out of Time"at the time, he forgot it.
If there isn't a shift in history, the film's rights will be won by the Weinstein brothers. In his past, Miramax relied on "sex, Lies and Videotapes" to make a comeback. After a small profit, they had enough capital to enter the field of independent production, and slowly explored their own ideas.
The road of which was survival began to flourish.
Now it was late July, Eric only knew that "sex, Lies, and Videotapes" had won the Palme d'Or at the Cannes Film Festival in May, but he was yet to see the film in North American newspapers or magazines.
If the distribution rights of the film were already picked up by Miramax, then if one wanted to acquire Miramax, it would be best to reach an agreement before the film was released.
Otherwise, once "sex, Lies and Videotapes" had its good box office results, even if the Weinstein brothers still agree to be acquired, Eric would definitely have to pay more.
The rule in the circle is like this, a good movie can make a company's market value increase, just like his previous life's Pixar, which was originally a 50 million US dollar animated film studio, but because of the success of Toy Story, the market value increased by 20 times in a short period.
"Just what are you thinking about to be so troubled?" Jeffrey and Eric walked side by side, asking casually.
"I just saw New Line Cinema and Milamax's information, you know." Eric replied: "I want to eat both companies at the same time, but I don't want to pay too much equity."
Jeffrey was somewhat at a loss, as once the company expanded its scale, Jeffrey understood that his talents would not be enough to support the entire company's operations.
After all, now he only needs to be responsible for the several films produced and invested in by Eric, and he doesn't even worry about the release.
After the acquisition of the new companies, Fireflies will start to get involved in the releases, and Jeffrey, who doesn't have and ability or experience in this area, will certainly have to give up the position of the CEO.
However, after just a brief entanglement, Jeffrey decided he would be relieved as long as Fireflies was still Fireflies. He once thought they shouldn't turn Fireflies into a large film company.
Now that it had that trajectory he had wanted to give up his position of CEO as he had been unable to do anything since the bankruptcy of the original Fireflies, after his wives untimely demise, because of his own personal filming.
As a result Jeffrey had become very self-aware and now he just occasionally grumbled to Eric about film production. He would make small comments, but never intervene in the production of the film because he knew he had no strength in this area.
After thinking about this, Jeffrey patted Eric's shoulder: "It's no good to rush. I have also read the information of these two companies. To be honest, I prefer New Line Cinema, even if you have to sacrifice some shares, it's worth it.
The size of Miramax is too small, and I don't see what you're seeing in it."
Eric smiled: "You will understand in the future."
The two talked and walked into Firefly's screening room together, and the Jonathan Demme they saw had clearly stayed up late, such that his eyes had faint dark circles, but his devotion to the film was also evident.