Domination in America, Starting from being a Boxing Champion-Chapter 508 - 407: Overbearing Female CEO_2

Dadalio laughed.

"Pitiful?"

"Yes, Jennifer is a minor actress, and you are a big movie company boss. When you're together, it feels like you, the big boss, are taking advantage of her."

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Dadalio said with a laugh, covering her red lips.

Link gave a slight smile, thought for a moment, and it did seem somewhat like that.

They walked the neon-lit streets for a long time, until the sky was full of stars and they sweated profusely, before they finally returned to Dadalio's apartment.

Bathing, kissing, making love.

Doing everything they loved, all over again.

The next morning, they ran together on the streets of West Hollywood again. After nine o'clock, he drove Dadalio to her company, ending their date, and headed back to take charge at Lionsgate Films.

——

After returning to the office, he continued reviewing the documents he hadn't finished the day before, mainly Lionsgate Films' movie plans for the latter half of the year.

Originally, Lionsgate had a $180 million external debt. After delisting, they lost a financing platform and money became even tighter.

He planned to cut a few high-investment projects, focusing funds on producing low-cost horror films, indie films, and developing valuable series like "The Hunger Games."

By keeping the company's movie projects to about ten per year, they would save on expenses.

For this reason, he invited Vice Chairman Jon Fellemay and CEO Steven Bicks for a talk, seeking their opinions.

After all, before March, the company's development plan was formulated by Jon and several other executives, and getting their views would help things go more smoothly.

Jon Fellemay agreed with his suggestion to cut a few movie projects to ensure the company's stable transition.

Because the company was now delisted and could no longer finance through the stock market as before - taking profits when earnings were good and sharing the risk when they weren't.

Without extra funds, cutting a few projects to maintain the stability of others was a necessity.

But exactly how many to cut, how many to keep, and which movie projects to retain required careful deliberation.

Link nodded in agreement. He planned to personally visit the production department when he had the time, looking for a few box-office hits he'd heard of to make.

He definitely wanted to avoid "big pit" movies like "Waterworld," "Shutter Island," and "Windtalkers."

However, regarding the development of new series, Fellemay had a different point of view.

Such films required high investment, had a long payback period, and carried higher risks. The existing "The Hunger Games" would keep the production department busy for a few years, and other series could wait until the company's financial health improved.

Link thought it over and agreed with his proposal.

The company was short on funds now, and barely maintaining their existing projects. Starting another would impact the rest.

But being unable to afford development now didn't mean they wouldn't be able to afford it in the future.

He intended to continue looking at bestsellers, trying to find a few novels with transformational value and buy the rights.

If they had the funds later, they could develop them. And even if they didn't have the funds, having the rights in hand was better than letting a competitor make a movie and earn money from it.

With an annual North American box office total around $10 billion, if a competitor earned an extra billion, Lionsgate Films would earn a billion less, increasing the pressure.

This was the law of the jungle in Hollywood: when an opportunity arose to create difficulties for a competitor, it was imperative to strike immediately, with no room for leniency.

While Link was chatting with Jon Fellemay, his secretary came in to report that Ryan Kavanaugh, President of Relativity Media, had come to visit him.

The headquarters of Relativity Media was also in Santa Monica, on neighboring 102nd Street, not far away.

This company was founded in 2004, with President Ryan Kavanaugh originating from Wall Street. In '04, he raised nearly $1 billion from the hedge fund management company Elliott Management to invest in Hollywood movies.

Initially participating in multiple projects mainly controlled by Universal and Sony, he made quite a profit and became a new aristocrat in the film industry as well as one of the more successful film companies in recent years in the field of independent production.

Projects like "King of Kung Fu," "Fast & Furious 3," "The Pursuit of Happyness," "The Mummy 3," "Public Enemies," "The Season of the Witch," "The Social Network," and others.

And the upcoming Bradley Cubo-starring "Limitless," Henry Cavill and Mickey Rourke-starring "War God," directed by Steven Soderbergh "Knockout," are all fairly well-known film projects.

With a current market value between $180 million and $200 million, it nearly doubled since '09, earning it the title of Hollywood's ninth major.

And because of the good performance last year, Ryan Kavanaugh was named by "Variety" at the beginning of the year as a 'Billion Dollar Producer' and 'Personality of the Year.'

However, Link remembered that Relativity Media didn't stay pleased for long.

Backed by Wall Street hedge fund companies, with their strong profit-seeking nature and impatience for quick success, and considering that film is an art demanding meticulous attention to detail, Relativity Media, after '09, financed hundreds of millions annually for film production. They released more film projects than established independent film companies like Lionsgate, New Line, and Weinstein Company.

By 2015, due to too many invested projects and excessive financing, slow capital return led to a broken capital chain and eventual bankruptcy; it became a classic case of Wall Street capital failing in Hollywood.

"Ha ha, Mr. Link Baker, I've finally met you in person. I'm a fan of yours," said Ryan Kavanaugh.

Ryan Kavanaugh was a man in his thirties, chubby, with reddish-brown short hair and stubble, dressed in a gray suit, extending his hand from afar.