Heads Up Hollywood

There are three fires for a new official to take office, especially the alternation of governments between two different parties.

After Bush Jr. took office, he finally signed a major national policy - tax cuts!

Because of partisanship, the Republican Party has always advocated the cowboy concept of "more work, more pay, less work, less pay", and believes that rich people are the root cause of this social and economic development. Using heavy taxes to impose heavy taxes on the rich and transfer wealth to the poor looks very democratic and beautiful, but in fact, it is harming the country's economy.

The reason why Europe's economy is going from bad to worse is because the communist ideology of "equal wealth and honor" is serious. Although this makes the life of the lower class better, it seriously restricts the overall economic development.

The reason why Asia will rise rapidly is not only because of the lack of super-high taxes such as inheritance tax and rich man's tax in Asia, but also because heavy taxes fall on farmers and the people at the bottom. Through the macro-control of this tax policy, the wealth is transferred to a small group of wise consortiums, allowing them to drive the overall economic development of the country.

Of course, this has caused great controversy in international public opinion and has a poor reputation.

But in Asia...especially the big countries on the other side, the economic rise is already unstoppable.

A tougher Republican government will definitely adopt some tit-for-tat policies when it comes to power.

And the first move is a big deal, to implement the reform of the medical insurance and social welfare system. In this government, it is estimated that the tax cut will be 1.3 trillion US dollars!

Among them, the federal personal income tax for the rich has been reduced by one percentage point to 38%, which is not an exaggeration.

However, there are too many tax reduction policies for companies, especially for Hollywood film companies. Because they can drive the development of the overall peripheral industries, they already have various preferential policies. This time, the Bush administration has strengthened their efforts again.

U.S. companies investing in U.S. cultural assets (including movies and television) can get a tax deduction of up to 7%!

According to the original tax policy, Hollywood film production is an investment industry. Because of the long capital cycle, the profits obtained only need to pay 15% capital tax, which is much lower than the 35% federal corporate tax that ordinary companies need to pay. Does not count state corporate tax.

Once tax cuts are obtained...investment in the film industry will be unprecedentedly attractive to capital!

A country's tax policy can affect the rise and fall of an industry.

Hollywood will flourish in the first ten years of the new century, leading the world in several dimensions. In addition to the development of special effects technology and the application of platter investment, the government's tax cut policy is also a big boost.

The reason for the decline of Hollywood later, in addition to the major impact of the subprime mortgage crisis, has a lot to do with the change of government and the resignation of the Republican Party.

As soon as the tax cut bill was signed, Hollywood immediately caused a shock!

Tang En also received the news immediately, Michael Ovitz made an urgent appointment!

Because the reduction of the film tax rate will greatly increase the return on film investment, such a bright prospect will immediately attract the attention of the entire Wall Street.

As an intermediary between Wall Street and Hollywood, Legendary Pictures has become the center of attention!

"Assortment investment industry will grow rapidly!"

When it came to Tang En, Michael Owatts quickly pulled him over, without even saying a word of nonsense, and straight to the point, revealing his unconcealable excitement.

Dunn looked at Michael Ovitz's humble office and secretly sighed.

He just went to Apple yesterday. Jobs intends to promote a product ipod that competes with Sony Walkman. This is a strategic transformation of the company and requires the decision of the board of directors.

Tang En certainly supports such a proposal unconditionally!

What made him more interested was Jobs' office... Fresh and natural, with an elegant layout, huge floor-to-ceiling windows, and slanted sunlight. Sitting in this office, the mood of the whole person is transparent.

By comparison, Hollywood offices are too gloomy, shabby, and uncreative.

"No matter what, after Tang En Building is completed, my office must be decorated extremely beautifully!"

Tang En's mind was a little wandering.

Michael Ovitz slapped the sofa angrily, and said loudly, "Tang En, did you hear me? As soon as the tax cut policy is introduced, Wall Street will go crazy over our platter investment!"

Tang En smiled, and made a downward gesture, "The federal government also has plans to alleviate the bubble crisis, so it cut taxes. Compared with Hollywood, the bigger beneficiaries are the high-tech industries in Silicon Valley."

Michael Ovitz frowned and said, "I know you have a lot of investments in Silicon Valley, but this is Hollywood! Don, don't forget, you are the founder and major shareholder of Legendary Pictures!"

Tang En smiled and said: "Don't worry, platter investment has unlimited prospects, and it will be the master of Hollywood's financing channels in the future. Now...we just need to choose the right and suitable partner."

Michael Ovitz nodded and lowered his voice, "Twain, to be honest, the company...has received 37 cooperation invitations, and the funds involved... are no less than 800 million U.S. dollars!"

"Huh? So much?"

Tang En no longer had the calm and calm look just now, with a surprised expression on his face.

The tax cut policy was just signed yesterday, and Legendary Pictures received so many invitations from Wall Street today?

Sure enough, he is a capitalist, with a keen sense of smell!

Michael Ovitz said: "Yes, but this amount... is too much, and the investment of more than 500 million US dollars will adopt the corporate financing model."

"It's not a debt loan? It's a good thing!"

"But I'm a little worried." Michael Ovitz shook his head. "Once the financing agreement is reached, it will greatly dilute our shares. I'm afraid..."

Tang En understood what he meant. Once the shares of the two were diluted and Wall Street got more voting rights in Legendary Pictures, it was very likely that Michael Ovitz would be eliminated!

Tang En pondered for a long time, "Are you overly worried? Don't forget, this is Hollywood. No matter how powerful Wall Street is, when you come to Hollywood, you have to lie down."

Michael Ovitz shook his head and said: "In a short period of time, they will definitely rely on our relationships and contacts, but don't forget that there are already five senior executives in the company from Wall Street, and they all have very good working ability. If After a long time, they have also established contacts and influence in Hollywood, and Wall Street may not support their direct descendants and completely control Legendary Films."

"This is a big trouble!"

Tang En thought of the platter investment market in his previous life. The site was in Hollywood, and the executors and managers were all talents from Wall Street.

This is like carving up a colony in Hollywood and renting it out to Wall Street!

In this life, because of Tang En, the platter investment model appeared ahead of schedule, and it happened to coincide with the new government's tax cut policy.

With such a strong alliance, Legendary Pictures has become the center of Wall Street and Hollywood!

It is conceivable that Legendary Pictures, which has a promising future, will become a must-have for Wall Street and Hollywood.

If Hollywood wins, Hollywood will control the dominance of the platter investment; if Wall Street wins, just like in the previous life, the platter investment will fall into the pockets of Wall Street.

Behind this $500 million financing is a big trap!

"How much do they value Legendary Pictures?"

"There are different opinions, but the financing of 500 million U.S. dollars, they asked for more than 50% of the equity."

Tang En's complexion changed and turned cold instantly. No wonder Michael Ovitz was so nervous. It seems that these Wall Street capitalists really have evil intentions!

Counting the first round of financing, if this financing is completed, the shares controlled by Tang En and Michael Ovitz will be diluted to 30%.

"Hmph, no matter what, Legendary Pictures is a Hollywood company and must be in our hands!"

Tang En's face was stern, beyond doubt.

Michael Ovitz has been in the entertainment circle all his life, and his fate has been linked with Hollywood. Of course, he agrees with Tang En's attitude, "It's just like this...we will shut out many investors."

Tang En thought for a while and asked, "Which institutions do these 500 million financing belong to?"

"In addition to the Morgan Stanley investment bank, there are 11 private equity funds." Michael Ovitz paused and said slowly: "Their letters...the content is very similar, and it seems that they have reached an internal unity."

Tang En sneered, "If you want to play dirty tricks with me, I'd rather hit Qishangquan than let them succeed!"

"Seven Injury Fist?" Michael Ovitz was taken aback.

Tang En waved his hands and said solemnly: "Michael, this matter is very important to the future development of Legendary Pictures and even Hollywood. We are Hollywood, we want to make money, but we can't ignore the pursuit of art. We You cannot be coerced by Wall Street capital."

In Hollywood in the later generations, the platter investment is controlled by capital, causing Hollywood film companies, in order to meet the profit requirements, to shoot commercial blockbusters, all of which are industrial sequels of IP. There is no chance of producing original films with higher risks and more controversy.

As a result, original production teams rushed to shoot TV dramas one after another, thus giving birth to a large number of classic American dramas that caused a global sensation.

This is of course not a good phenomenon. If the only thing left in the film is the pursuit of capital, how can we talk about the seventh largest art in the world?

Michael Ovitz took a deep breath and frowned.

This kind of thing is difficult for anyone to choose.

If you accept financing, you may face the danger of being out of the game by picking peaches in the future; if you refuse financing, it will hinder the development and industrial scale of Legendary Pictures. debt!

This is real gold and silver, who can refuse?

Well, Tang En can!

"Capitalists, let them eat dogs on Wall Street. If they want to come to Hollywood to make trouble, even if they have the opportunity to be moths!" Tang En said firmly, showing an unquestionable attitude, "Michael, we must not back down on this matter! "

"you mean……"

"Arrange people, talk to those 11 private equity funds! If you want to raise money for Legendary Pictures, you must sign a share contract. They only have equity and no voting rights! Let me say one more thing, Legendary Pictures must be in our hands!"

Tang En waved his hand, his voice was loud, like thunder.