I’m in Hollywood Chapter 388: Something went wrong
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In order to be able to invite Eric to participate in the premiere of "Hot Shots", Fox deliberately advanced the premiere to the day before "Ghost Detective", but Eric did not intend to attend the premiere of "Ghost Detective", let Fox sincerely Even more, he could not attend the premiere of "Hot Shots". It was very interesting to let them use their fame to propagandize.
As "Rocky 5", which was highly expected by Metro Goldwyn Mayer-United Artists to produce at a cost as high as 60 million, the canvas was the most of the three movies, but Box Office was released on the first weekend, but the result made many people stunned.
The most promising "Rocky 5" is the one with the worst scores. The previous sequel of this series, global, rushed to 300 million USD, so there are 2,000 canvases on "Rocky 5".
But for the first three days of the weekend, "Rocky 5" only got 14350,000 Box Office, averaging less than 7000USD. You know, the same field of the last sequel "Rocky 4" can reach 15000USD.
The "Ghost Detective" released in more than 1900 theaters is only a little better than "Rocky 5", and got 1more than 5 million Box Office, but this thriller comedy imitating "Ghostbusters" also did not get a good reputation.
Compared to this, the most eye-popping is "Hot Shots" released by Fox. This almost arrogant movie has received very low reviews from the filmmakers. Even a lot of excited conservative film critic regarded this movie as a blasphemy for classic films.
But unexpectedly. This very novel spoof film situation is welcomed by a large audience. In the first three days of the first weekend, this movie got 25 million Box Office in more than 1900 theaters. This number is exactly the same as the cost of the film. If the film does not have a big Box Office decline, it may even become Fox. Another Box Office breaks this year. Billion movies.
So far, Fox has only got the Box Office of 110 million for "Die Hard2" this summer, but the production cost of "Die Hard2" is 70 million USD, and announcement adds up to 100 million USD. Even if Box Office is good overseas, "Die Hard2" did not make much money.
Although "Hot Shots" has a 30% investment in Eric, Fox is definitely going to be a big player. With the overseas distribution and the surrounding video tapes, this spoof movie will easily bring more than 100 million USD profits.
Therefore, three days after the release of Box Office on the first weekend, Fox immediately announced the production plan of the sequel.
While Fox is ecstatic, the mood of Hollywood peers is quite complicated. The original Box Office of "Ghost Detective" is not ideal. They thought this would be the first Waterloo of Eric. But the results of "Hot Shots" followed and surprised everyone.
Checked in detail. It was quickly discovered that most of the investment in "Ghost Detective" came from an independent Production Studio called Haoxian Film Studio, and Hawken Film Studio. Hearing this name, most people seem to understand something, and then think of the Black Ant Film Studio that Eric was suddenly established in the first half of the year, they realized that there may be a problem within Firefly.
However, in recent days, Eric has not spared time to care about the movie. On the eve of Thanksgiving, after the deployment of more than 600,000 troops of the multinational coalition in the Middle East, an ultimatum was quickly issued to the Saddam government , Asked Saddam to withdraw from Iraq before January 15, 1991.
But Saddam immediately gave the United Nations Army a very tough response, saying he wanted to 'fight to the end'.
After the news was revealed, the crude oil Petroleum market started a new round of shocks.
The memory of the Gulf War broke out on January 17 two days after the ultimatum was issued. Eric believes that even if his little butterfly incited something, this time will not be too much.
In order not to attract too many people's attention, this time Eric did not fly to New York, but Chris came to Los Angeles.
Like the last time most people did not think that Iraq would use force against Kuwait, this time, speculators still tend to be as protracted as the United States ’s previous two wars after the outbreak of war. Once this happens, then crude oil Prices will soar again, so after the ultimatum is issued, speculators have begun to build a lot of long positions.
In the face of the bearish views of Eric and ordinary people, Chris did not have much doubt this time, but this time the situation is also very different from before August. Before August, crude oil prices have been slowly rising until Iraq After invading Kuwait, it suddenly soared to a high of 40USD.
But now, in the face of a looming war, the crude oil Petroleum market will become more erratic and unpredictable. There are still two months from now until the outbreak of the war. Whether it is a Western country or Saddam Any piece of sensitive information released by the government may cause the price of crude oil to rise or fall, and then the original ten-fold leverage will be tantamount to death.
After deliberation, the two agreed to use the 2billion USD funds to use a relatively safe five-fold leverage, and the remaining funds were used as reserve margin.
On the one hand, this can minimize the risk, and on the other hand, Eric wants to invest all the funds, but the size of the Petroleum market is so large, five times the leverage to support 10billion USD funds is already the limit. If all of 1 billion USD's high leverage is invested, there will be no bank that can guarantee 10 billion USD.
Chris left in Los Angeles for two days and quickly left. Eric also put his mind on the most important thing. Even when small girl and Drew passed Thanksgiving, Eric did not stop the deployment.
Although the federal government ’s statutory Thanksgiving holiday is only one day, usually all companies will be on holiday from Thanksgiving ’s Thursday to Monday of the next week. Firefly is no exception. Thanksgiving in 1990 was on November 22.
Monday, November 26.
Because of the release of several new films on November 22 and 23, the second weekend, "Rocky 5" Box Office fell by as much as 55%, and only 7million Box Office was not received, and the "Ghost Detector" also fell close 50%, this movie invested in 40 million is likely to lose money, but "Hot Shots" has been hit by several new films. The Box Office of 16 million is still won on the three days of the second week and weekend. The total Box Office has reached 4more than 7 million.
This day happened to be the year-end meeting of Firefly. When I arrived at the company early in the morning, Robert Shay was keenly aware that there was something wrong with the company ’s atmosphere. He thought this was a mockery of the failure of his Box Office. Therefore, he also sent a temper to an employee.
At nine o'clock, when everyone was there, the meeting officially started. (To be continued ...)