Chapter 492
The Internet industry has just emerged, and the same type of online rental platforms have not yet appeared.
Therefore, Blockbuster does not have an urgent need for transformation.
The launch of Blockbuster Online is more of a first-hand layout. In the early stage, it will only conduct business in several major cities such as Los Angeles, San Francisco, New York, which are relatively prosperous on the east and west coasts. This will not only save costs, but also accumulate online operation experience in advance.
However, thanks to the good situation that Egret Company opened in the field of e-commerce in advance, Blockbuster Online opened during the U.S. Only three days ago, the number of online service activations of Blockbuster members reached 160,000, and purchase and rental orders placed through online platforms exceeded 200,000.
After the independent day holiday, with Simon's support, Nancy Brill also began to push Blockbuster to gradually cancel the late payment fee system.
Because of the existence of franchisees with strong independence, this matter is difficult to achieve overnight even if it is approved by the board of directors.
Fortunately, Nancy Brill planned to take the opportunity of canceling late payment fees step by step to further strengthen Blockbuster's membership system and increase user adhesion, so he is not anxious.
In Hollywood, from July 3 to July 9, three new films in North American theaters, "The Last Mohican", "Dear, I Make My Child Bigger" and "Patriot Game". Although it is supported by a single-day holiday, the final box office performance of the painting opening was not satisfactory.
As Paramount's previous sequel to "Hunting Red October" and Harrison Ford's participation, "Patriot Game" performed the best in the box office, winning US$25.29 million in seven days in the first week, ranking second in the weekly box office list.
The same sequel, Disney's "Dear, I Make Children Bigger" is not as lucky as "Dear, I Make Children Bigger" three years ago. It has a production cost of $40 million and a screen opening scale of 2,311 yuan. The box office of this science fiction family comedy was only $18.39 million in the first week, which is far lower than Disney's expectations.
Moreover, the media and audience of "Dear, I've grown my child" have a bad reputation. The starting point of the first week is too low, and the next week may experience a significant box office decline, and the box office prospect is difficult to predict.
"The Last Mohicans" co-starring Daenerys and Warner Bros., the adaptation of the novel "The Knight Saves the Princess" that was repeatedly remake, received unanimous praise from the critics after its release, with a comprehensive media rating of 9.5.
However, due to the costume theme, the film's first week's box office was not satisfactory. The scale of the opening of the screen was 2,173, and the box office of "The Last Mohican" was only 23.19 million US dollars in the first week, and the museums exceeded 10,000, reaching the big-selling level, but it cannot be regarded as a hit.
Of course, because of its excellent reputation, compared to Disney's "Dear, I Make the Child Bigger", "The Last Mohicans" should be able to make a very outstanding long-term trend.
The box office of the three new films was mediocre, which made the box office champion this week still win by "Wonder Woman".
In its fifth week of release, Wonder Woman's box office fell only 17% this week, continuing to earn $26.15 million. In five weeks, the cumulative box office of this female superhero movie in North America reached $260.32 million.
This number has surpassed the total box office of "The Flash" released last year, second only to "Batman: The Moment of War" and "Batman: The Dark Knight".
Considering that Wonder Woman still has more than $25 million in a single-week box office base and maintains a good weekly box office decline curve, the film's total North American box office is very promising to exceed $350 million, and it is not impossible to catch up with the $373 million of "Batman: The Dark Knight".
With the release of "The Last Mohicans", four important films related to Daenerys Entertainment in the 1992 summer season have been released.
In summary, "Wonder Woman" is naturally the strongest.
Immediately afterwards, the box office results of "Peach Deal" exceeded the other two films, reaching US$32.27 million in the first week. However, in the second and third weeks, "Peach Deal" fell significantly by 40% and 32%, respectively, earning US$19.1 million and US$12.99 million respectively.
In three weeks, the total box office of "Peach Trading" in North America reached 64.37 million US dollars. Through subsequent releases, the total box office of the film in North America is expected to be between 80 million and 100 million US dollars, which is enough for the producer to recover all production and promotion investment and may achieve a small amount of profit.
Just by local box office, it means that "Peach Deal" will make a very profitable profit through overseas release, videotape sales and TV broadcasts.
Even if it is not a dark horse, this is obviously a very successful project.
After the box office of $23.73 million in the first week, "The Homicide" fell by only 13% the next week with its excellent reputation, and received another $20.64 million, with a cumulative box office of $44.37 million in two weeks. This court crime film involving racial discrimination and judicial justice obviously successfully copied the box office trajectory of Harrison Ford's "Presumed Innocence". It is expected that through long-term screenings, the box office in North America is very promising to exceed the $100 million mark.
"The Last Mohigan" has a better reputation than "The Hour of Killing". At the beginning of 2319, I also reached the level of "The Hour of Killing" by $1.4 billion. Although it is the first week, it is not possible to see the subsequent box office trend for the time being, but the box office curves of the two films are likely to be very similar.
In short, the total box office of the three foreign cooperation films is expected to be around 100 million US dollars.
Such box office results naturally cannot be compared with "Wonder Woman", but they are enough to squeeze into the top of the annual box office list.
After "The Peach Deal", "The Killing Moment" and "The Last Mohicans", Daenerys Entertainment has only four projects left for external cooperation, including Disney's "Sleeping in the Night" with Disney, "Gotard Assassination Order" finalized with Warner Bros., and "Mission Impossible" with Paramount Pictures.
After the only day holiday, the summer vacation has passed halfway.
On July 10, North American theaters continued to draw two new films, namely "One House and Half Wife" produced by MGM and "Dangerous Third Love" by Fox Pictures.
"One House and Half Wife" was originally a Universal Pictures Incubation Project, starring Steve Martin and Gotty Han. It tells a series of stories that happened after a hotel waiter moved into the protagonist's villa by himself and lied that it was the other person's wife.
Daenerys Entertainment’s projects are too full, and "A House and Half Wife" was originally going to be cut.
However, considering that the box office of this film was pretty good in memory, Simon directly transferred it to MGM.
Fox's "Dangerous Third Love" is another extramarital affair film starring Michael Douglas in "The Deadly Seduction".
Later, the follow-up film list for July and August is listed. Except for the new Clint Eastwood film "Unforgivable", which will be released on August 7, Simon has never discovered any other movies with great potential. This lukewarm state, lacking strong box office competitors, is just suitable for the long-term trend of four films including "Wonder Woman" and "Monster Killing".
For Daenerys Entertainment, this summer is still a great harvest.
In July, two other key projects of Daenerys Entertainment, starring Tom Hanks and Meg Ryan, and the TV series "Desperate Housewife" that will be broadcast in the fall, have been filmed one after another. In addition, the promotion and distribution work of projects such as "Midnight Bell", "Home Imperial 2" and "Jurassic Park" at the end of the year have also officially started.
However, during this period, the most popular thing is the 1992 US presidential election that has entered the second half.
After the game in the first half of the year, the current President George Bush further determined the identity of the Republican candidate for this year's election. For the Democratic Party, as a series of competitors gradually withdrew, Bill Clinton's advantage became increasingly obvious.
However, this time, both traditional candidates failed to overshadow the limelight of Ross Perro, a single party candidate.
Because of George Bush's many criticisms of the ruling party and the lack of popular candidates on the Democratic Party, and perhaps the economic downturn has led to Americans' dissatisfaction with the current state, Ross Perro, a billionaire with a strong personality, has gradually attracted more and more attention.
Since the election was officially announced, Ross Perro's approval rating once reached 36%.
Gradually, the two parties felt the threat of Ross Perro more and more.
Out of this fear, some people attacked Ross Perot more and more frequently.
This was until July 13, the new week, when Simon and Janet just woke up, James Rebel called. At nine o'clock in the morning of Eastern Time, Ross Perro suddenly held a press conference to announce the launch of this year's presidential election.
In addition to his secret bets on Bill Clinton, Simon is almost indifferent to this presidential election in public.
Even though there was information about Ross Perro's withdrawal from the election in his memory, Simon was still a little surprised when he heard this news. He personally told Clinton about something that if the other party wanted to enter the White House in this presidential election, he had to ensure that Ross Perro's candidacy was to share the conservative votes.
However, some things happened 'again'.
Today, Janet was going to fly to New York alone, but suddenly this happened. After breakfast, the couple boarded the plane to the East Coast together.
Arriving in Manhattan, it was already four o'clock in the afternoon on the east coast.
In the evening, the Rebels and his wife and the head of Schlap Consulting Company, Joseph Schlap's family, were invited to have dinner at a manor outside Greenwich. Joseph Schlap also passed on some of the information they had just obtained to Simon.
Ross Perot's withdrawal was actually just a delaying strategy.
Privately, Perot knew very well that he could not win this presidential election, so he was gradually attracted by the Democratic Party.
However, with Ross Perrow's current approval rating of more than 30%, it will not only seriously impact George Bush's votes, but in fact, candidates from both parties will be seriously affected. If this continues, it may lose the effect of sharing conservative votes.
After several communications, Ross Perro finally decided to temporarily announce his withdrawal from the election, which would cool down his originally high approval rating and give the Democratic Party enough time to perform at the critical moment in the next few months.
When Simon heard Joseph Schrapp's explanation, he sorted out some information in his memory and immediately understood.
In memory, Ross Perro did announce the election in July, but some people still seem to have not let him go, and even tried to disrupt Perro's daughter's wedding in August through some malicious gossip in the media.
If Ross Perro really withdraws from the election, as long as he is smart enough, he knows that he should not tease this strong billionaire at this time.
The reason why some people still make small moves in private is that they realize something.
However, this behavior just gave Perot the excuse to re-announce his candidacy in October.
Moreover, in memory, Ross Perro even pointed out his name and accused the Bush administration of using disgraceful means to try to destroy his daughter's wedding.
In fact, this disgraceful method is not that serious. It is just that some photos of Perot's daughter suspected to be homosexual were published in the gossip media. Perot insisted that these photos were artificially synthesized.
As for the truth, Simon didn't care.
In recent months, the Egret Portal has been quietly promoting news that is biased towards Bill Clinton. Although Simon did not come forward in person, some senior executives of the Westeros system have also quietly helped Clinton organize several fundraising parties.
Moreover, there are a large number of people in Hollywood and Silicon Valley who are on the side of the Democratic Party, and to a large extent it is the reason why the Westeros system is driven by it.
Everything that should be done has been done. After knowing the inside story of Perro's withdrawal from the election, Simon made a little arrangement and stepped back to the scenes and watched the changes.
After completing the acquisition of LTD, the Apollo Management team will not make much move in the short term.
The performance of the hedge fund team of Cersei Fund Management in the first half of the year was officially released, and was stimulated by the increasing popularity of technology stocks in the market. In the first half of 1992, the hedge fund team achieved a net return of 21% by longing technology stocks.
After the routine settlement at the beginning of the year, the principal of about US$3 billion has increased to US$3.6 billion through operations in the first half of the year.
Conservative estimates are expected to achieve a net profit of $1 billion after tax by the end of 1992.
Even if the return rate is not as high as the previous two years of market conditions, the net profit margin of more than 30% will definitely exceed that of most competitors in the same industry.
Of course, it is definitely worse than the quantum funds that are about to launch sniping on European currencies.
However, Simon still has no chance to make this one.
Making a fortune on European currencies, the Westeros system's other businesses in Europe will definitely lose more.
In addition, the three subsidiaries of Cersei Capital, Black Rock Asset Management, which has always been relatively low-key, actually have the fastest development speed.
Whether it is Cersei Fund Management or Apollo Management, the scale of funds is controlled at around billions of dollars.
Black Rock Asset Management, which mainly operates low-risk fixed income, government bonds and large-cap stock investments, has rapidly expanded its scale due to the recovery of North American stock markets after the Gulf War last year, and the total scale of funds managed has now exceeded US$70 billion.
Of course, this number is still very different from the $6 trillion asset scale of Black Rock Asset Management in Simon's memory at its peak.
However, compared with other asset management companies of the same type, the current Black Rock Asset Management Company has successfully been promoted to the giant level. Considering that even if this company is calculated from a subsidiary of Black Rock Group, it has been established in less than 10 years, this growth rate is even more amazing.
Moreover, the asset scale of US$70 billion is enough to have an impact on many industries that cannot be underestimated.
Chapter completed!