In addition to "Four Weddings and a Funeral", the films released at the same time on February 11 also include Disney's "Mobile" and Columbia Pictures' "Little Darlings 2". The opening screen size of the two films is the same as "Four Weddings and a Funeral". A wedding and a funeral.
"Little Rich Man" tells the story of a little boy who unexpectedly received $1 million and a battle of wits with a criminal who lost a huge sum of money. The previous film of "Little Darlings 2" starred Macaulay Culkin, and the main creator of this sequel was replaced by another newcomer child star.
Even without explaining the content, just looking at the names of the two new movies, it is not difficult to imagine that they are continuing to follow the trend of "Home Alone".
Daenerys Entertainment has long since shelved the further development of the "Home Alone" series, but Hollywood is still obsessed with this children's film series that has created box office miracles. Of course, they have also made 'innovations', such as "Alone Rich" created the very suitable lover The plot mode of a little ghost head with a big vase in a festive atmosphere.
Mainstream newspapers in North America still have not reached reconciliation with the Westeros system, but they are not polite in the face of these two follow-up works that compete with Daenerys Entertainment.
After the official release, as the film reviews became public, the overall media score of "Baby Lover 2" was only a pitiful 2.7 points. This is not even the worst. The reputation of Disney's "Little Rich" has been completely destroyed. Mainstream media have given almost all negative reviews. The comprehensive score after conversion is not even 1 point, only 0.9 points.
In comparison, "Four Weddings and a Funeral" despite Daenerys Entertainment's natural negative BUFF in front of the print media, the overall score only dropped from 9.5 points after the Sundance premiere to 8.6 points, still It has a classic reputation. "Variety" magazine did not hesitate to praise "Four Weddings and a Funeral" as "a smart, interesting and alternative love movie, with a strong appeal as warm as the sunshine on a winter afternoon."
Not only the film itself, Hugh Grant, who had debuted in the early 1980s but remained unknown, finally gained widespread attention with his outstanding performance in this film. Many film critics specifically mentioned Hugh Grant's restrained nature in their articles. But still a humorous performance.
Model-turned-Andie MacDowell is also confirmed to be involved in a classic again after Sex, Lies and Videotape.
In terms of budget, the US$5 million production cost of "Four Weddings and a Funeral" and the same US$5 million in promotional expenses are not generous. Together, they are not as high as the US$15 million production cost of "Little Rich". Simon It was clear from the beginning that for the film to be successful, it would have to gain word-of-mouth-level impact.
After all, the Westeros system and the mainstream print media have not publicly broken up. If it is just a commercial film with a medium reputation, the traditional media can still ruin the film's reputation through tendentious public opinion. For an excellent work like "Four Weddings and a Funeral" , faced with unanimous praise from a large number of film critics, more media had no choice but to follow the mainstream even if they were unwilling to do so, otherwise they would be testing the IQ of newspaper readers.
Moreover, for a film that is destined to be a classic, media reputation is just the icing on the cake. The rapid popularity of "Four Weddings and a Funeral" among movie fans is the key. As its influence continues to spread, more and more viewers are attracted by it. Influenced by the people around me, I started to buy tickets and enter the venue.
The Daenerys Entertainment publishing team responded equally quickly.
When the excellent box office results on Friday and Saturday were announced, Simon personally approved an additional US$10 million in promotional budget.
In the end, from February 11 to February 13, the box office revenue of "Four Weddings and a Funeral" in the first three days of the weekend reached 9.81 million U.S. dollars, which directly allowed Daenerys Entertainment to recover its production budget of 5 million U.S. dollars.
Then comes Valentine’s Day on February 14th.
Although it is Monday, after three days of word-of-mouth fermentation over the weekend, the box office of "Four Weddings and a Funeral" in North American theaters reached US$5.13 million on Valentine's Day, exceeding the single-day revenue of any day during the first weekend.
Three working days later, the first-week box office of "Four Weddings and a Funeral" was released, with a cumulative total of US$21.79 million in seven days, easily winning the single-week box office championship during the Valentine's Day period, and the average box office reached US$13,000. Big selling level.
February is the off-season for movies, not the popular Valentine's Day period. A small-budget romantic comedy produced with US$5 million grossed US$21.79 million at the box office in the first seven days. Such market performance exceeded almost everyone's expectations.
Taking into account the film's excellent reputation and continued popularity among the basic audience, and the fact that there was no strong box office competitor during the same period, "Four Weddings and a Funeral" was enough to have a very good long-term box office, eventually exceeding 100 million in North America. It's not impossible.
As a result, Daenerys Entertainment won the first seed in the 100-million-dollar box office club in 1994.
Nice start.
In addition to "Four Weddings and a Funeral", on this week's list, the DC movie universe blockbuster "Cyborg" entered its eighth week of release and ranked second at the box office.
Because it was Valentine's Day, the box office of "Cyborg" dropped only 17% this week and continued to earn US$7.98 million. The cumulative box office of the film has reached US$241.43 million. In 1993, this achievement was second only to "Superman" and "The Lion King," which ranked third.
Disney's critically acclaimed "Little Rich" only had a box office of US$6.91 million in its first week, ranking third on the list. The film was screened on 1,841 screens. The box office in its first week was less than US$7 million, which translates into a box office of just over US$3,700. Screen size is expected to decrease rapidly in two weeks.
The fourth place is Steven Spielberg's "Schindler's List". The film took in US$6.28 million at the box office this week, and its cumulative box office reached US$37.2 million. It has basically recovered its production cost of US$22 million.
Without Macaulay Culkin, the opening box office performance of "Little Darlings 2" was lower than that of "Album", which had a bad reputation. The box office in the first seven days was only 6.05 million US dollars, ranking fifth on the list.
Similar to "Little Rich", due to failed word-of-mouth and dismal box office starts, the total North American box office of both films is expected to be around US$15 million. There is zero possibility for Columbia and Disney to recover the cost through local box office, and they can only look forward to the follow-up Gains make up for losses.
In the same week, when "Four Weddings and a Funeral" showed its dark horse status, "The Lion King" in its 13th week of release relied on this week's revenue of 4.35 million U.S. dollars, and its cumulative box office officially exceeded the 300 million U.S. dollar mark, reaching 300 million U.S. dollars. 02.56 million U.S. dollars, officially becoming the first animated film in Hollywood history to have a domestic box office of over 300 million U.S. dollars.
At the same time, with the popularity of "The Lion King" being nominated for the Oscar for Best Picture at the end of January, the box office of this 3D animated film has rebounded to varying degrees around the world, and many overseas films have not been able to achieve simultaneous release. The market has also opened up recently.
According to the latest feedback data, the overseas box office of "The Lion King" has reached 467 million U.S. dollars, and the total global box office has reached 769 million U.S. dollars, which also broke the global box office record for Hollywood animated films.
Not only that, according to the current box office trends in various markets around the world, "The Lion King" still has a box office potential of US$20 million to US$30 million in North America, and subsequent overseas revenue can reach at least US$100 million. This means that "The Lion King" It is expected to hit the global box office mark of US$900 million.
Even if it is still regrettable that it cannot reach the 1 billion threshold, such an amazing box office performance of a 3D animated film is enough to amaze countless people.
With the box office success of "The Lion King" after its release at the end of last year, other Hollywood studios have significantly increased their investment in 3D film technology. Pixar has once again become the hardest hit area for Daenerys Entertainment to be poached. "Toy Story" " and "The Lion King" are two 3D animated films that have been hugely successful throughout the entire industry chain, which really stimulated too many people.
You know, the most popular live-action movie "Cyborg" at the end of last year. Due to the limited overseas market for the all-black protagonist, the film's overseas box office is currently only about 270 million U.S. dollars. Counting the local 240 million U.S. dollars, the cumulative global box office It’s only $510 million.
Unlike "The Lion King" which has long staying power, as a popcorn commercial film, "Cyborg" has begun to wrap up its global screenings. It is expected that it will collect another US$50 million in total in North America and overseas. The global box office will eventually be about US$550 million and Between US$570 million.
Such outstanding box office results are beyond the reach of most Hollywood commercial films. However, the film immediately pales in comparison to "The Lion King".
Even though it also has a wealth of peripherals, "Cyborg" is expected to have a total peripheral volume of less than US$500 million in the next five years, which is not at the same level as "The Lion King" whose peripheral sales have exceeded US$1.3 billion in just the past few months. , in the same five-year operation cycle, the total peripheral output value of "The Lion King" will reach the level of 3 billion to 4 billion US dollars.
It is just a phenomenal "The Lion King". After long-term operation, the output value of all channels will reach tens of billions. Such commercial potential will even make the film's box office less impressive.
Simon rushed to New York with Janet after Valentine's Day to formally discuss the approaching Daenerys Entertainment IPO with Morgan and Goldman Sachs. With the local box office of "The Lion King" exceeding US$300 million, the IPO being promoted by Daenerys Entertainment will inevitably become the focus of media attention.
In fact, as early as last month just after the New Year, an article in the Wall Street Journal predicted that Daenerys Entertainment’s net profit in 1993 would reach US$2 billion. Therefore, this entertainment giant’s IPO valuation is the most conservative. It is estimated that it will not be less than 30 billion US dollars.
There are many factors that need to be considered in the IPO valuation of a company, but the most critical ones are actually only two points. On the one hand, the company's profitability, and on the other hand, the company's long-term growth potential.
When the North American box office of "The Lion King" exceeded 300 million, and the global box office reached an astonishing US$769 million, and is expected to further hit the global US$900 million mark, almost no one doubts the profitability of Daenerys Entertainment.
The focus of media discussion has fallen on the future development potential of Daenerys Entertainment.
In the past year, Daenerys Entertainment Group has launched a total of 46 films, of which four Daenerys Entertainment-produced films, including "The Star Wars 2", "Sugar-Coated Trap", "Seven Deadly Sins" and "The Lion King" have all achieved The box office exceeded 100 million and entered the top ten of the annual list. In addition, "Dawn of the King", "Schindler's List", "What's Love Got to Do with It" and many others have contributed heavily to Daenerys Entertainment. box office movies.
Even excluding a series of external cooperation projects such as "Superman" and "Sleepless in Seattle", Daenerys Entertainment still had a share of US$1.7 billion of the total box office revenue of US$5.6 billion in North America for the whole year, with a market share of as high as 31%. If you include external cooperation films such as "Superman", "Sleepless in Seattle", "Grannet" and "Mission: Impossible", Daenerys Entertainment's market share will increase by another 15 percentage points.
Therefore, it can almost be said that Daenerys Entertainment is equivalent to half of Hollywood.
Such a high market share is actually on the verge of monopoly. Therefore, many media believe that the film business, the core business that contributes most of the profits to Daenerys Entertainment, is unlikely to grow much in the future. Even the Morgan Stanley and Goldman Sachs teams that are about to undertake the IPO of Daenerys Entertainment have such views.
If Daenerys Entertainment will not grow much in the future, the price-to-earnings ratio of the IPO valuation cannot be too high.
A relatively simple basic calculation formula for business valuation is the price-to-earnings ratio multiplied by annual net profit.
The Apple company that Simon remembers has the strongest corporate profitability in the world because of its peak growth. However, the stock price-earnings ratio has been hovering at a low level of about 10 times for a long time. However, companies such as Amazon that still maintain high growth can have a price-earnings ratio of nearly 100 times. .
According to an article in the Wall Street Journal at the beginning of the year, the conservative valuation of US$30 billion was calculated based on a price-to-earnings ratio of 15 times.
Simon has actually been aware of the problems faced by Daenerys Entertainment for a long time, so he has continued to focus more on Daenerys Entertainment's music, games and other business areas.
After all, just because the growth of the core film business has reached a bottleneck does not mean that the entire Daenerys Entertainment Group will stop growing at a rapid pace. As a comprehensive large-scale entertainment group, driven by the film business, Daenerys still has great potential in music, games, peripherals, theme parks, etc.
What's more, even if it fails to explore other areas, Daenerys Entertainment's future performance growth rate will not be too bad just relying on the rapid natural growth of the global film industry that will continue for at least 10 years.
Not only that, once the ban on the integration of the American media industry that the Westeros system has been secretly promoting is lifted, Daenerys Entertainment can take advantage of the trend to expand into the television field. Although the Internet era has arrived early, the North American television industry, especially cable TV, still has at least ten years of rapid growth.
Therefore, no matter how the media discusses it, Simon has no intention of backing down on the IPO valuation of Daenerys Entertainment this time.
If the IPO valuation price-to-earnings ratio is less than 20 times, he would rather give up the listing plan.
Based on a price-to-earnings ratio of 20 times, the IPO valuation of Daenerys Entertainment can reach at least US$40 billion.
The valuation of US$40 billion will also make Daenerys Entertainment Group's listing the largest corporate IPO in the world. Moreover, if nothing else happens, as long as it can be successfully listed, Daenerys Entertainment can easily enter the US$50 billion market capitalization club and become one of the top super companies in the world.
Manhattan, New York.
The time is already Saturday, February 19th.
The couple came to New York after Valentine's Day and stayed here for a few working days. Janet returned to Los Angeles yesterday and brought Veronica back to the West Coast.
Simon remained in New York.
In fact, this is already a small tacit understanding formed unknowingly between Simon and Janet.
Simon never intended to be a peaceful man who stayed at home and kept business. Janet also expressed early on that her husband could not only have one woman, so she always reserved some personal space for Simon in a timely manner. After being together for so many years, the relationship between the two has not been affected much. Except for Jennifer, who has already given birth to a daughter, no other woman has been able to interfere in their lives over the years.
In the evening, I accepted Murdoch's invitation to attend a party at the other party's home. The location was in a high-rise apartment in Midtown, adjacent to Central Park South. There is a property owned by the Murdoch family.
Because of some unknown evil intention, the female companion accompanying Simon tonight is still Jerry Hall.
Jerry Hall divorced Rolling Stones frontman Mick Jagger last year.
The two had no relationship for a long time. After Jerry Hall filed for divorce, Mick Jagger quickly fought back in order to avoid being divided up too much property, and applied to the local court in London to declare that the two were in Bali. The private wedding was invalid, Jerry Hall was not to be outdone, and the two parties directly went to court.
After months of tossing, Jerry Hall finally received a one-time divorce compensation of 5 million pounds, which is roughly equivalent to one-tenth of Mick Jagger's personal assets. He also received the children they had born over the years. Custody of three children.
After the divorce, Jerry Hall moved from London to New York and began to focus on his television career. In private, he still maintained an ambiguous relationship with Simon, a towering tree.
After comfortably staying at the Murdoch family party until around ten o'clock in the evening, Simon saw that it was already very late and took the initiative to bid farewell to the host's house.
Murdoch invited Simon this time mainly to discuss the possibility of further cooperation between the two parties in the Internet field.
Unlike the relatively conservative Redstone, Murdoch does not resist emerging industries although newspapers will remain the foundation of News Corporation for a long time to come. The News Corporation that Simon remembers invested in many Internet companies, such as Hulu, the streaming media platform that cooperated with Disney to compete with Netflix.
Seeing that Simon was about to leave, Murdoch did not try to persuade him to stay. Instead, he asked someone to fetch a file and handed it to him, explaining: "This is a press release intercepted by News Corporation's "News of the World" in the UK. The content is about a group of girls from Russia in London. Simon, News Corporation will not be involved in relevant reports, but you also know the situation in the UK, and other media are not what we can guarantee you."