Domination in America, Starting from being a Boxing Champion Chapter 648 - 468: The Embryo of a Business Empire
The training session ended in the afternoon, and Link drove back to his bay villa.
Last ti, he had discussed with Ivanka about buying another large manor-style villa.
Currently, the villa had been decided on, located on the hillside of Santa Monica, by the mountains and the sea, with a good environnt and security.
The villa was built in the early seventies, initially one of the properties owned by the world's richest family in the sixties, the Paul Getty family, not far from the Getty Art Center, and also a famous mansion in Los Angeles.
The total land area is about 1.6 hectares, with over 6800 square feet of living space, and the selling price is 48 million US dollars.
Currently, the villa is under renovation and is expected to move into the new ho next year.
When he arrived ho, Ivanka was sitting on the sofa looking at docunts, needing rest due to her pregnancy; she usually doesn't stay long at the company, and many tasks are taken ho.
"Look at fewer docunts! Leave the work to Steven Bicks and others or you can find ; you need to rest more because of your pregnancy,"
Link put down his training bag and leaned over from behind the sofa to kiss her cheek.
"I'm just looking at the company's weekly report, I'm not doing anything strenuous, you're just worrying too much,"
Ivanka said.
"What's the work at the company this week?"
Link sat down beside her and took a bite of a green apple.
"A lot, 'The Hunger Gas' has finished shooting, entering post-production, expected to be released during the sumr, 'No Escape' has a North Arican box office this week of 380,000 US dollars, cumulative 27.23 million US dollars, overseas box office about 1.42 million US dollars, cumulative about 48 million, this movie has almost made a profit of twenty million.
Also, 'The Vow' has started casting, and the production departnt thinks you are suited for the lead role, are you interested?"
Ivanka put down the folder and asked.
"No, I have a high salary, which would increase the cost. Plus, I am known as a playboy, and playing such a passionate role would make the audience feel disconnected,"
Link said, sitting back on the sofa with his legs crossed.
Ivanka gave a slight smile, not persuading him to take the role.
From Link's current status and influence, such a role wouldn't add much to his fa and would be a waste of ti; for Link, every second is valuable.
"Another thing, after we gave up acquiring Summit Entertainnt, Ryan Kavanaugh is planning to acquire Summit, reportedly fundraising now. The dia's take on this is that if Relativity dia and Summit Entertainnt rge successfully, their market value could surpass that of Lionsgate Films, making it Hollywood's eighth largest, potentially creating a three-strong alliance in the independent production sector alongside Lionsgate and Weinstein Company,"
Ivanka said.
In Hollywood, the six major studios are Disney, Warner, Universal, Paramount, Fox, and Sony, including Sony's Columbia Pictures that makes seven major production companies.
Lionsgate Films, once surpassing 1 billion in market value after going public, was also considered Hollywood's eighth major.
Now, with Lionsgate Films delisted, its market value has decreased, its influence in the movie industry diminished, and its position as the eighth major is precarious.
If the two to three hundred million value of Relativity and the over four hundred million value of Summit Entertainnt rge, indeed, their market value would not be inferior to Lionsgate's, and their production capabilities would also increase, truly threatening Lionsgate Films' position in the independent production sector.
But Link is not worried; for a film company, regardless of size, the most important thing is to produce profitable films annually.
With more profits, there would be more funds to produce better movies and continue to make big money. It's a production chain; once movies stop bringing in profits, even the biggest companies will be at a disadvantage in market competition.
This year, several movies invested by Lionsgate Films weren't bad, and unless sothing unexpected happens, the company's profits next year won't be ager.
Unlike Lionsgate, Relativity dia is a much younger film company, valued at two to three hundred million, producing about ten films a year, not even half of Lionsgate's.
Even though recently performing well, the company lacks the heritage and doesn't have the strong film library like Lionsgate Films, depending on Kavanaugh's boastful tactics to pull in investnts, resulting in increasingly more creditors for Relativity dia.
Reportedly, Relativity dia now has four to five hundred creditors; too many creditors and the inability to fulfill promised dividends tily are also reasons for Relativity dia's potential financial issues.
For Relativity to acquire Summit Entertainnt, which is larger, it would need to amass more funds and gather more creditors, creating a huge debt for Relativity dia.
This situation is akin to a debt-ridden poor man borrowing money to marry.
Not to ntion whether the shareholders behind Summit Entertainnt would agree; even if they did, the collaboration between the two would not go smoothly.
It would take at least two to three years, or perhaps longer, for the two companies to get through the integration phase and enter a stable developntal period.
By then, Lionsgate Films would likely have already entered a period of rapid growth, and there would be no concern about the two companies joining forces.
In fact, Lionsgate Films' ongoing targets and rivals were the six majors; in the independent production domain, including Weinstein Company, Summit Entertainnt, and Legendary Pictures, they are not the competitors to be worried about for now.
"Let's not worry about Summit Entertainnt and Relativity for now; for the next five years, the work focus of Lionsgate Films will be on developing its existing movie projects, making more money, accumulating significant capital. With enough money, our acquisition targets would not be limited to small film companies like Summit Entertainnt; we could potentially reverse acquire one of the six majors and beco the industry leader,"
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