A Stern Devil

Chapter 401: Pie in the sky! (superior)

Views:

"Billy Hill Films"

A yellow plastic folder is in my hand, and there is such a big line on the cover of the first page.

"This company was established in the 1960s and has experienced the golden age of Hollywood development. You must know that there are always seven giants in Hollywood. The seven giants are undoubtedly the number one group in the film world. And this The best development of the Billy Hill Film Company was in the mid-1990s. Although it was still far behind the first group, it once entered the ranks of the second group. The most glorious year, I once made two blockbuster films, both of which had a box office of more than 10 million. One of them was a typical word-of-mouth work with a small reputation, and was selected as the top ten annual box office in North America. Of course, that was also the most brilliant achievement of this company. It's been a year, and it's the only year."

"After entering the 21st century, because the company's largest shareholder's assets were in a bad state, the company's film investment was a little confused, and the decision-making mistakes made the company cast two wrong films within a year, causing the company to lose money. Several million dollars. More importantly, a year of important development time was lost! It is worth mentioning that this company also has a legend... the now famous "Harry Potter" series of movies, British female writers Ms. JK Rowling has become a female writer whose annual income exceeds that of the Queen of England with this set of works. Back then, when "Harry Potter" was only a set of bestsellers, Warner Corporation, one of the seven Hollywood giants, invested For hundreds of thousands of dollars, I bought the film copyright of the first episode of "Harry Potter"! What happened later, you know, Harry Potter has become Warner's highest-grossing and most profitable movie in recent years. It has become a A real cash cow and a gold mine!—However, things are not that simple. To be correct, there was another Hollywood film company that had already set its sights on this movie before Warner Corporation contacted Ms. Rowling to buy Harry Potter. A charming little wizard. You must know that Harry Potter was far less famous than it is now! But that company was able to see the market prospect of Harry Potter with great foresight before the super giant Warner Corporation! This is undoubtedly a very clever approach ... and this company is 'Billy Hill Films'."

"Unfortunately, due to various reasons, Billy Hill Films invested in the other two films by mistake, resulting in a loss of millions of dollars for the company. What is more important is the confidence of shareholders and investors! For these various reasons, As a result, Billy Hill Films was unable to make up their minds to purchase the copyright of Harry Potter, and then Harry Potter was bought by Warner... And now, everyone has seen it. Any movie in the Harry Potter series, The box office is calculated in the hundreds of millions of dollars! And the fifth Harry Potter movie will also be released this summer. We can imagine that Billy Hill Film Company was at its most glorious time, if they hadn’t made a mistake I made an investment mistake, invested in two loss-making movies by mistake, but successfully purchased Harry Potter... You know, this company also had a cooperative relationship with DreamWorks back then... Billy Mountain Films went downhill back then. The peak status, coupled with the excellent production of DreamWorks, if they let them seize the cash cow of Harry Potter, then now, I have no doubt that this company may even rely on this series of movies that are currently the most profitable in the world, Become the new giant of Hollywood!"

"However, there is no 'what if' in history. Billy Hill missed out on Harry Potter, and the losses that year left them in trouble. The company's cash flow was dry and investor confidence was low. , also affected the operation of the company. As a result, in the next three years, they only shot one small-produced movie, and the box office was barely there. This was their most miserable time. Fortunately, they have survived later .This company fell out of the second group and has never recovered. Now it has been reduced to a third-rate film company in Hollywood. However, although it is now a third-rate company, this company basically has no ability to make movies by itself, but they I still occasionally invest in some films, or accept work from other film companies, and help others distribute or distribute some of the films they make. It should be said that the scale of this company is small now A few, but small and small, with all the internal organs. If you inject enough funds into him, then this company is very powerful! They have their own independent distribution, distribution, operations, independent film production department, everything , they all have it, but on a smaller scale.”

"To add to this, the company's current financial status is... red level. They are basically on the verge of bankruptcy. This is still thanks to old Sorin. Millions came in. Originally, he probably planned to extend his tentacles into the field of movies, and wanted to launder money by making movies.

But it is a pity that he seemed to put this plan on hold later, and the company has not received new capital inflows, and has already owed a large amount of loans to the bank, and has now entered a dangerous stage of insolvency.

The bank's ultimatum is to repay the debt within two months, or to prove that there is a sufficient amount of funds re-injected into the company! Otherwise, two months later, the bank will apply to the district court for liquidation and sell the company. In other words, the company went bankrupt. In fact, among their assets, even the slightest value has been mortgaged to the bank. "

Yang Wei was sitting next to me. She didn't read this document at all, but talked eloquently and eloquently. Obviously, she had done enough research on this company long ago.

By the way, we're not in a conference room, we're 30,000 feet above the ground.

In first class on a United Airlines flight.

Yang Wei was sitting next to me. I held my chin and patiently listened to her before I asked, "I have a question. Generally speaking, banks don't force companies to go bankrupt easily, because once they go bankrupt, the company will go bankrupt. It is equivalent to automatically canceling all debts, so it is the bank that loses."

"Oh, that's because the company is definitely insolvent now." Yang smiled: "It seems that the company's film library and all its assets have been mortgaged to the bank anyway. Possibly repaying the debt, and the banks don't want their money to go down the drain...

The so-called early death and early death, filing for bankruptcy and liquidation earlier, the bank can also auction off the company's mortgage assets as soon as possible, at least part of the money can be exchanged, and part of the loss can be recovered. The current situation is that the bank has made a decision, and it is possible to recover a little bit. Because if you continue to take off like this, the return of funds will be indefinitely. "

I frowned and looked at Yang Wei: "Then according to what you said, this company is already rotten! Their bankruptcy is the best ending. The company has huge debts, and they are only a third-rate Hollywood film company. If we If you want to take over, you have to spend money to replace them to repay the company's loan debt... Is this price too high, is it worth it?"

Yang Wei's tone was very calm, appearing very confident: "Of course it's worth it!"

She picked up the coffee in front of her, took a sip, and said with a smile: "I have paid attention to this company for a long time. So I conducted a full investigation on it. I found some interesting things. Because the company with the most serious losses in history That year. The founder of this company, who was also the original CEO of the company, had thrown away his shares and left the company. And two other people in the decision-making hierarchy also left the company together. That is to say, the decision-making hierarchy of the company Here, there are no real experts.

After that, the leader of the new company elected by the board of directors obviously lacked understanding of the film industry. A series of mistakes made the company worse, and then the leadership was washed again... and now, the leadership of the company is from the bank and the company. The shareholders jointly entrusted a professional manager of a trust company to take care of it. This professional manager is still an expert, so he can barely maintain this company until now. However, the frequent change of leaders has caused some problems in their internal succession. And I got an important piece of information, that is, this company still has some very valuable things in its hands, and the current company leader doesn't know the details of these things—if he knew, he would have sold these things long ago Change money! "

"Oh? What?" I wondered, "Is there anything valuable in this company? Didn't you say that all their valuable assets are mortgaged to the bank?"

"It's a film contract!" Yang Wei blinked, and she smiled cunningly: "In Hollywood, sometimes, a film contract with a big-name director or a big-name star is worth tens of millions!!"

Looking at my somewhat bewildered expression, Yang Wei's eyes were a little excited: "Don't understand? Come on, let me explain to you... You will understand, we are almost holding a cornucopia in our hands now!"

She quickly put down her coffee, and finally opened the yellow plastic folder in front of her this time. She turned to the second page in one breath, with a slight smile on her face, and said slowly...