Chapter 275: foundation

After leaving Angela Lindevo, Ronan took a vacation and returned to his busy schedule. The popularity of Bourne Shadows is slowly declining in North America, with a cumulative gross of $135.6 million at the box office.

The scale of overseas screenings is still expanding. It has appeared in the film market of 45 countries and regions, and the overseas box office has collected a total of US$78.57 million.

Compared with North America, the overseas response of this film is slightly worse.

This is also in Ronan's prediction. After all, the publicity for Robert Lu Delun really plays a role in the North American market.

It is estimated that few people overseas will recognize Robert Luthern as the father of "modern political thrillers."

At the same time, the third film released by Embassy Pictures this summer has also entered the final preparation stage. "Fatal Turn" will be released in late July.

This horror thriller of torture and killing is a typical short-distance outburst contestant. The main ticket sales will be concentrated in the first two or three weekends. If the box office hits the street in the first week, it basically means a commercial failure.

Therefore, all aspects of publicity are constantly increasing, and even Gilmour Del Toro, who is preparing for the sequel of "Reaper Is Coming", temporarily put aside the preparatory work and invests in the promotion of "Fatal Turn" instead.

There is nothing to say about the propaganda of this kind of horror film, it belongs to the usual type of Hollywood.

Create some rumors that there are serial terrorist killers in a certain area, and then cooperate with some of the footage and logos of the film to create some panic atmosphere. If it can cause social panic, it would be ideal.

But after "Blair the Witch", it is too difficult to use this deceptive method.

However, this kind of plasma torture movie has always been a strong traditional horror film type in North America, and there is no need to make too special publicity to attract the attention of horror movie fans.

The release time is set in late July, which is also the end of the traditional summer vacation. During this time period, audiences will enter the theater relatively less due to the relationship between wallet and enthusiasm. As a result, truly competitive films are rarely selected at this time. Duan was released, and now the director named Christopher Nolan is not well-known for the time being, and has not developed the so-called Nolan schedule in mid-to-late July.

Relatively small competition, relatively large audiences of plasma horror film types, coupled with good response in the trial screening, "Fatal Bend" in early July finalized 2,300 theaters.

This is also related to the success of the films launched by Embassy Pictures.

Cinema companies are also pursuing commercial profits. A film released by a distribution company can always bring large profits and huge passenger flow. The next film will naturally receive the cinema company's good resources.

There are still three weeks away from the release of "Deadly Bend", and various promotions have been launched on a large scale.

Ronan will participate in the formulation of the plan and will review the specific plan, but he rarely directly participates in the specific publicity and distribution work. There are professional staff under the Embassy Pictures.

After more than two years of development, the North American distribution channels of Embassy Pictures have become increasingly mature, and the overseas distribution network has gradually improved. Distribution of films is no longer a difficult task.

Ronan made an appointment with lawyer Dinah-ampton and Scott to discuss the foundation matters.

"The information has been prepared, and lawyer Dinah and I have also applied for formal registration." Scott said concisely: "The two foundations will be approved by mid-August at the latest."

Ronan nodded and asked attorney Dinah: "What about the law?"

Lawyer Dinah said: "There is no legal problem, and you fully meet the requirements for registering a personal foundation."

Ronan asked again: "What about private equity funds?"

Scott first replied: "The establishment is not a big problem, but the recruitment of funds needs attention."

Attorney Dinah explained in detail: "U.S. law stipulates that investors who invest in private equity funds must be qualified investors. The so-called qualified investors mean that individual investors must have securities assets of more than US$5 million. , And the average annual income in the last two years is higher than US$200,000, or the income including spouse is higher than US$300,000; if the investment is made in the name of a legal entity, the property of the organization is at least US$1 million."

Ronan nodded slowly. The regulations in this area are actually quite strict.

Attorney Dinah continued: “Before September 1, 1996, no more than 100 private equity funds invested by eligible purchasers need not be approved by the U.S. Securities Commission. After September 1, 1996, according to the National Securities According to the Market Reform Law, this limit is increased to 500."

Ronan smiled: "500 people, it seems that the range is quite wide."

As the name suggests, the establishment of his personal foundation is mainly used for his personal investment, and the various income and dividends obtained in his hands are transferred to the investment market after September 11 to buy some stocks.

Funds are not too much, but with the current stock market situation, the future gains will be great.

This can also make him personally invincible, and even be used as a backhand to reverse the situation at critical moments.

The private equity fund established is a relatively rare film investment fund in North America in this era.

Just as securities foundations absorb investment in major investment securities, the purpose of film foundations is also to absorb foreign funds and then invest in film projects.

Ronan further asked: "The film foundation I established to invest in the film project produced by Shahai Entertainment has no legal issues, right?"

Attorney Dinah gave the answer immediately: "There is no problem with the law."

This was consistent with what Ronan knew. He vaguely remembered that the Relativity Entertainment in his previous life was also a foundation at the beginning. Later, he acquired a film company and at the same time absorbed funds from Wall Street to invest in film projects produced by the company. It went well, but the film market had a mediocre response, with losses one after another, which eventually led to the company's bankruptcy.

Spending other people's money and doing your own thing is the operating strategy of many companies.

A private equity fund like this usually gives 10% to 15% of the annual income, and the foundation can extract 20% of the profit from each investment as a commission and daily operation cost.

Therefore, a film foundation that raises funds externally and invests in project production is very important for Ronan's next large-scale production plan.

This can effectively provide revenue.

As long as the film is successful, it can bring stable income to investors, thereby attracting more investment, and providing a steady stream of funds for film production under Relativity Entertainment.

The overall cost of these funds is relatively low.

For a long period of time, Ronan, in order to avoid the troubles or other possible threats brought by the six major companies, it is impossible for Relativity Entertainment to go public and raise funds easily, so he must work hard to open up funding channels and make large-scale movies and subsequent TV shows. The collection of shooting is all money-burning machines.

Lawyer Dinah had already communicated enough with Ronan, and he gave Ronan some legal explanations about the Film Foundation.

To successfully register the film fund, Ronan needs a partner at the very least. He is prepared for this. Although Tony Koch is a German, he is fully qualified in the United States, where business is extremely open.

As for the follow-up operations, careful planning is needed, and the film foundation will not play a big role in the short term.

Financing alone is not an easy task.

U.S. law has very strict regulations on private equity funds, and private equity funds are not allowed to conduct any public advertising!

Moreover, the admission qualifications are also determined. This is a game that can only be played by some institutions and the rich.

Of course, compared to those private equity funds that play leverage and hedging, the rules of film private equity funds are much looser. As there is no direct legal provision for the time being, some management rules of personal film funds are applied in this regard.

As long as you don’t run away with money, don’t evade taxes, don’t engage in investment fraud and other violations of the law, there is a lot of room for other operations.

Moreover, there are only a few private equity film investment funds in Hollywood, not without them, and there are many ready-made cases that can be used for reference.

At this time, Lawyer Dinah reminded: “I suggest that you also register an offshore foundation. The place of registration can be Luxembourg in Western Europe, the Channel Islands in the United Kingdom, the Cayman Islands, Bermuda and other tax havens. Maybe in the future. Can be used."

Ronan agreed: "Yes."

Attorney Dinah added: "There are no legal issues for the time being. I will communicate with you in time if there is something to follow."

Ronan nodded slightly.

Scott asked at this time: "Where is the source of funds for the foundation?"

Ronan said directly: "For my personal fund, after the registration is successful, I will transfer a large amount of funds to the foundation, and then you will invest in accordance with my requirements."

"No problem." Scott asked again: "Where is the film investment fund?"

He suggested: "The best source of funding is actually Wall Street, where there are many investment institutions."

Ronan raised his hand and interrupted Scott: "The best source of funding is overseas. In this regard, I am still collecting information and investigating. I will talk about how to do it after the foundation is established."

In the previous life, Hollywood's film private equity investment funds, the largest source of investment, on the one hand, are various investment institutions of Wall Street, large and small, and on the other hand, overseas funds.

There are many film investment funds that choose to cooperate with Wall Street funds, but more still prefer to cooperate with overseas investors.

As for the reason, those who have been deeply involved in Hollywood basically understand it.

The foundation still needs time. As Dinah and Scott are watching, Ronan is more relieved. The biggest problem is the film investment fund attracting funds.

You can't publicize with fanfare. The network of contacts is very important. The most important thing is how to look for investment overseas?

This point must be carefully considered, where else funds can be used continuously.

And this is normal investment.