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Chapter 1092 Financial Report Conference

There are many filmmakers who insist on writing, directing and becoming famous in one fell swoop with an excellent script. Stallone is the most legendary one. Unfortunately, Peter Borg is not among them.

Not only that, this person is also a big pit in Hollywood.

In history, Peter Borg's debut work "Bad Things" ended in failure, which did not stop the "rise" of this naturally racial bonus in Hollywood. He has directed more than a dozen films over the years, many of which are bombshells with big investments and big productions.

However, except for the movie "Superman Hancock" starring Will Smith at its peak, others have basically failed, such as "Super Battleship", "Deep Sea Catastrophe", and even some big budget movies such as "The Jungle Shock" and "Bloody Kingdom" that did not leave any impression on the audience.

However, Simon is very happy with such filmmakers.

As long as you can't cheat yourself.

At this moment, when hearing Peter Borg's confidently offer conditions, Simon's expression was not displeased at all. Instead, he looked like a proud expression of seeing Qianlima, and agreed decisively: "No problem, Peter, I have read the script summary of "Bad Things" at breakfast, a very good story."

Peter Borg obviously didn't expect Simon to be so straightforward. He was stunned for a moment before subconsciously saying, "But, Mr. Westeros and Mr. Morris talked to me once, and he thought I was a novice..."

Simon waved his hand and interrupted: "Peter, I am the boss. In this way, I think if "Bad Things" is done well, there is a lot of hope to win the Oscars, so it can be placed under Gaomen Pictures and put Ella in charge."

Oscar?

Peter Borg was once again surprised and inevitably excited that if his project could hit the Oscar, even if it was just a nomination, it would be enough for him to become famous in Hollywood.

But, this good thing seems to have come too easily?

Seeing that Peter Borg was not sure what to react for a moment, Simon skillfully changed the subject: "But, Peter, if you want to direct yourself, for risk reasons, the budget must be kept within $10 million, and the actors must be decided by us."

This is normal.

Simon finished speaking, even Robert Redford, who was listening, had such thoughts.

Peter Borg also felt that things were back to normal, but immediately said: "Mr. Westeros, $10 million is too little. To be honest, the other studios interested in "Bad Things" have issued more than 10 million budgets."

"Funding may be important for a movie, but it has never been a decisive factor. Peter, "The Mind Catcher" also has a budget of $10 million. See how much viewers like the movie now? So, collaborators are the key. Daenerys can help you make an excellent movie and also successfully bring it to the market. That's the most important thing."

As he said this, Simon was really worried that Peter Borg would agree on the spot, so he stopped at the right time: "That way, think carefully, Peter, I look forward to your good news."

After Simon finished speaking, he deliberately ignored Peter Borg and turned his attention to Robert Redford next to him.

The purpose must have been achieved.

There were guests around, and Simon didn't lower his voice just now, comparing "Bad Things" with the recently-selling "The Mind Catcher". When the news spread, I don't believe that other Hollywood studios would not steal the head.

The luncheon party lasts until 2pm.

Simon stayed until the end and patiently communicated with all the filmmakers on the scene. When the party ended, he was about to leave, but was stopped by Natasha Richardson, who had chatted at the beginning of the party.

"Simon, I think you should apologize to me."

Just whispered to tell A's attitude to Ella Deutschman about "Bad Things". Simon heard Natasha Richardson's sudden words and asked with a smile: "Why?"

Natasha Richardson stared at Simon: "You said, I will die if I ski again, it's... ridiculous."

Simon knew his mistake and corrected it: "Okay, I'm sorry, Nata."

The sadness in Natasha Richardson's expression was undiminished: "But, Simon, you have ruined my hobbies. Even if you take them back now, I will not dare to ski again in the future."

"Things sound serious," Simon curled his lips slightly, "So, aren't you working on Broadway? The next time you go to New York to treat you to a meal, it's a compensation, how about it?"

Natasha Richardson was stunned. Is this direct or perfunctory? Although she thought so, her tone became a little softer: "Simon, this is too insincere."

Simon raised his arm and put on the windbreaker handed over by the girl A, and smiled and said, "Dinner is just the beginning. We can seriously discuss more compensation at that time."

Feeling some of the hateful elements in the man’s smile, Natasha Richardson subconsciously shook his head: “I don’t mean that, I mean, who knows if you still remember this next time you go to New York, right? Is it okay, right, won’t it tonight?”

"I'm sorry, it's not possible tonight. I have a lot to do."

Seeing that Simon's tone was serious and the man did not pursue some of the ambiguity in her words just now, Natasha Richardson had to agree.

Simon is really busy.

After the luncheon reception, another film forum in Park City. This time it has nothing to do with Sundance, but a communication project jointly initiated by several major studios in Hollywood. Many filmmakers will participate, and Simon also chose to attend. In the evening, it was a fashion party held by the CK brand under Melisandra.

Even with some free time, Simon's eyes were on the film festival.

It has collected a bunch of film materials planned to be screened at the film festival, most of which are just a simple poster. Simon will read them when he has a little time when he rides or waits, in order to find out the "newcomers".

Because the information in my mind is too rich, it is easy to find many familiar names, but unfortunately they are all small characters. However, I have discovered a trend that there are many more films shot with digital cameras this year.

In this case, some of the past projects can be tried to copy, such as "The Witch Blair" and "The Ghost Record" that creates miracles with small profits. It is useless to do it.

Meanwhile, on the evening of January 19, the 54th Golden Globe Awards were officially held at the Beverly Hilton Hotel in Los Angeles.

The results are basically within Simon's expectations.

The recent hit nomination film "The Mind Catcher" won nothing, and the best drama film in the drama category was taken away by "The Patient in the UK". The winner of the best music comedy film was "Madame Perron". Madonna also got the best actress in the music comedy category as she wished.

The award results were released, and the media continued to question, mainly complaining about Daenerys Entertainment's two films "The Spirit Catcher" and "The Fierce Blood".

The Hollywood Foreign Press Association is also helpless about this.

Daenerys Entertainment's public relations project this time is "The Patient in the UK". What else can they do?

As a result, although "The Spirit Catcher" has gained nothing, its popularity has increased due to media attention, which has once again stimulated the increase in box office. "Ice Bloody" which has released videotapes has also experienced a huge increase in sales.

Everyone is very happy.

Moreover, Daenerys Entertainment quietly won the overseas distribution rights of "British Patient", which is considered a kind of exchange and compensation. You should know that in history, the local box office of "British Patient" was only 78 million, but overseas was 150 million.

Although he does not participate in the production, he only releases it, and Daenerys Entertainment can make a profit.

In fact, in recent years, many MGM projects have been responsible for overseas distribution by Daenerys Entertainment. On the one hand, MGM's overseas distribution capabilities are limited. On the other hand, after all, it is the boss of Daenerys Entertainment, and Simon also needs to consider the interests of his own company. On the deeper consideration, doing so can still trap MGM firmly in the Daenerys Entertainment chariot.

With the arrival of the new week, Simon returns to Los Angeles on Monday, and the most popular thing this week is undoubtedly the financial report press conference of Egret.

It was at 2 o'clock on Wednesday afternoon, January 22.

A grand press conference was held specifically to release financial reports. Although it is not a pioneering one, it is also rare.

However, whether it is Igret's market value, the public attention this company has received, or even the most direct financial report data, it is worth planning with such a big fanfare.

In fiscal 1996, Igrit's annual revenue was US$33.6 billion, up 63% year-on-year from US$20.8 billion in 1995, and did not fall back to the trend of a year-on-year growth of less than 50% as expected by the industry.

Not only that, Igret's net profit for the whole year in 1996 also reached an astonishing US$3.5 billion.

What do you mean by revenue of US$33.6 billion and net profit of US$3.5 billion?

According to revenue ranking, US$33.6 billion has already squeezed into the top 20 among the top 500 domestic companies in the United States. Calculate profits directly break into the top 10 range.

Actually, this is not the key.

The most important point is that while already alongside a group of century-old corporate giants, Egret's revenue growth still shows no sign of slowing down. If this continues, the industry cannot even imagine how huge Igret will be in the future.

When Jeff Bezos showed the company's overall revenue data for 1996 to hundreds of journalists present at the Igrit Convention Center, many people couldn't help but think of a confusing corporate motto of the new tech giant.

You Know Nothing!

In recent years, the rumor has been made by Simon Westeros himself to finalize the meaning of this corporate motto, and the interpretation is varied.

Now, everyone's feelings about this are very simple.

The world is changing so fast that everyone knows nothing!

Of course this is just a feeling.

As executives from different business departments of Igret took the stage to conduct detailed analysis of financial report data and different businesses, everything seemed so natural.

In addition to the core software services and advertising business, the most popular business in 1996 was undoubtedly e-commerce.

After several years of solid foundation, the Amazon Mall, led by Alice Ferguson, expanded more radically in 1996. Not only did it continue to build warehousing and logistics centers across the United States, but it also began to introduce more external merchants, and the types of website products have also increased significantly to meet the shopping needs of more consumers.

In addition, Amazon's European and Asian sites have also made leaps.

Compared with the overall annual growth of 63% of Igrit's enterprise, Amazon's revenue growth also ranks as the top 103% among many businesses under Igrit, with a turnover of US$11.6 billion, accounting for 34% of Igrit's annual revenue.

When I first saw this number, my first reaction to some of the more familiar spectators in the industry was "water".

Because the retail industry is very easy to obtain huge revenue, just like the automotive, electronic products and other fields.

Just like Walmart, the current revenue volume of this retail giant has reached the level of 100 billion US dollars. In sharp contrast to its revenue, Walmart's net profit margin is only about 3%, far less than the software service industry can reach the maximum net profit level of 20%.

Igrit is positioned as a new technology company. It is logical that the source of revenue should be software and services and other businesses with very high net profit margins. Now, isn’t it suspected of being mixed with rapid expansion of online retail revenue?

However, after the initial doubt, most people were shocked and terrified again in a blink of an eye.

Tens of billions!

Amazon Online Mall was launched in early 1992, and it has been exactly 5 years since now.

It is already a miracle to develop an online shopping business that has never been before in the past from zero to revenue of US$10 billion in five years. After all, only a revenue of US$10 billion is enough to occupy a very high position among Fortune's Fortune magazine's Fortune 500 companies.

Who dares to promise that you can build a company with a revenue level of $10 billion in five years, no matter which one?

In this way, what can I do even for retail?

What's more, when Alice Ferguson introduced more detailed data, many spectators inside and outside the press conference also discovered the differences.

The e-commerce department's revenue of US$11.6 billion, of which US$10.3 billion comes from Amazon's online retail, accounting for 88%, which is indeed a high proportion, but there is another approximately US$1.3 billion in revenue, which comes from the platform's commissions, storage, logistics and other revenues charged by the platform to third-party sellers.

This does not count the advertising revenue that has been separately counted as another core business of Igret.

Since it was the early stage of development, in order to attract third-party buyers to enter, Amazon charges very low fees for sales commissions, storage and logistics services, and it is entirely operating at a loss. Therefore, this income only accounts for about 15% of third-party sellers' sales, even if the seller's expenses for advertising, it is less than 20%.

This also means that in just two or three years, the sales of third-party sellers in Amazon Online Mall have quickly reached US$8.6 billion, a growth rate faster than self-operated sales.

According to Igret's official calculation, the $8.6 billion sales have not included the increasing number of employment in Amazon's mall itself, but conservatively estimated that it has created 50,000 new jobs for the Federation.

This data is naturally part of the key publicity of this press conference.

At the same time, Alice also announced that Egret will further promote the platformization of Amazon's online mall and attract more third-party sellers. It plans to reduce its self-operated sales business to less than 30% in the next ten years, focusing on supporting third-party buyers, and it is expected that this move will bring no less than 1 million job opportunities to the federal government.

With real performance as support, no one can easily suspect that Egret is drawing a big pie.

As the press conference continued, in addition to the dazzling financial report data, bystanders gradually realized the purpose of Igrit's holding of this press conference. Igrit was once again publicly promoting the importance of his company to all aspects of federal society.

Of course, most people cannot know the potential game behind this incident, but some people also want to go wrongly.

For example, the antitrust investigation that Igret is facing.

When thinking turns to this point, some things suddenly become clear. Igrit's fantastic financial report conference is likely to be putting pressure on Washington.

The subtext is simple.

If you want to split Igret, it will likely mean that millions of potential jobs will disappear as a result.
Chapter completed!
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