Domination in America, Starting from being a Boxing Champion-Chapter 515 - 409 Party_2
This result is slightly better than that of Paramount Pictures, one of the big six studios in Hollywood, and just manages to catch up with 20th Century Fox.
It's better than that of independent production companies like Lionsgate Films, Weinstein, New Line Cinema, Summit Entertainment, etc.
"Haha, that sounds like good news, but right now our goal is to catch up with Lionsgate. Lionsgate is the big boss in our independent film sector,"
Ryan Cavano raised his glass to signal to Link.
"Then I'll try a bit harder to not let you guys catch up so soon,"
Link said with a laugh.
"Haha, Link, it should be Ms. Thomp who tries harder, as she's now the one steering Lionsgate, but I still prefer dealing with you. I don't share much common ground with Ms. Thomp,"
Ryan Kavanaugh shrugged and said.
"I have too much on my plate, I can't look after Lionsgate Films as well. Now I can only trouble her with it,"
Link said.
"Yes, I almost forgot to congratulate you on defending your title as champion of the four major organizations again, that's amazing. Earning forty to fifty million US Dollars with one fight, that's more than what we make with a movie. If I had such a stable cash flow, along with my big data film investment technique, I could definitely make Relativity bigger and stronger,"
Ryan Cavano praised.
"Relativity is doing well now anyway, with two consecutive movies breaking a hundred million at the box office, momentum is strong,"
Link smiled and said.
"Haha, I always said that investing in movies using big data algorithms is 100% profitable, now do you believe me?"
Kavanaugh laughed boastingly.
Link nodded, he had also heard about Kavanaugh's big data statistical experiment method.
It is a risk management strategy originating from Wall Street, using data from thousands of movies to predict the box office performance of any particular movie after its release, taking into account parameters like budget, director, actors, release date, and genre.
Kavanaugh has a famous saying, "Even if I agree to make it, if the data model doesn't agree, it's no go," evidencing that he is a data-driven film investor.
After talking for a bit, Ryan Kavanaugh, with his arm around his female companion, left to greet other guests.
"Link, what do you think about Kavanaugh's big data model investment technique? Does it work?"
David Ellison asked while watching Kavanaugh's retreating figure.
"It's useful, otherwise Relativity Media wouldn't have the scale it does now. However, the market changes and there is too much uncertainty in the movie industry. Relying entirely on big data definitely won't work. I think it would be more appropriate to use this method as a reference when investing in movies,"
Link said thoughtfully.
"I agree with Link's view. Even the best technology needs people to implement it, and people are bound to make mistakes, which is inevitable. I think relying on experience to produce movies is somewhat more reliable than big data. Combining the two might yield good results,"
Megan Ellison said, arms crossed.
Link nodded in agreement.
After the party started, the three sat together and talked about new movie projects of their respective companies.
Link mentioned a good screenplay that Palm Beach Films currently had, "The Master," a new work by the famous editor and director Paul Thomas Anderson.
Director Anderson is a renowned arthouse film director in Hollywood with works like "Boogie Nights," "There Will Be Blood," and "Mulholland Drive." In 2008, he won the Berlin Film Festival's Silver Bear Award for Best Director with "There Will Be Blood" and was nominated for best director at the Oscars and Golden Globe Awards.
His movies are of high quality, but with average box office performance. "The Master" had also been shelved due to investment issues until Joaquin Phoenix brought the screenplay to Link.
Link didn't know how much this movie would make at the box office, but decided to take on the movie based on his trust in Director Anderson and his recognition of Joaquin's acting skills.
However, the movie's production cost was as high as 32 million US Dollars, slightly beyond the current investment capability of Palm Beach Films.
Link inquired whether Megan and David were interested in investing.
Upon hearing that it was an arthouse film, David Ellison expressed his lack of interest, preferring to invest in high-budget, action-packed movies than in arthouse films.
Megan showed some interest, saying she needed to first see the screenplay before making a decision. She also proposed a new project she had in hand, "Land of Hope," a tale of three brothers who built up a criminal empire through bootlegging.
She asked if he was interested in cooperating.
Follow current novels on ƒreewebηoveℓ.com.
Link had not heard of this movie and expressed the need to read the screenplay before deciding.
With Palm Beach Films currently short on funds and Lionsgate Films facing the same problem, any further investments had to be made more cautiously.
However, movies produced by Megan's Annapurna Pictures, including "Zero Dark Thirty," "The Grandmaster," "The Phantom Thread," and Lady Gaga's "Gucci family," had all received good reviews.
If company funds were sufficient, deepening cooperation with Megan wouldn't be a bad idea.
"Link, I'm getting ready to go pick up girls, want to join?"
David Ellison said, rising to his feet with a laugh.
Link scanned the party on the yacht.
Apart from the film industry people, there were many investors with millions and billions to their names, as well as glamorous male and female stars, scantily clad models, and a total of over two hundred people. Several familiar faces could be seen at a glance.
There were the lead actor Bradley Cooper and lead actress Abbie Cornish of "The Limitless," several female supporting actresses, actors who had cooperated with Relativity like Nicolas Cage, George Clooney, Will Smith, Angelina Jolie, Sofia Coppola, Amanda Seyfried, Anne Hathaway, Anna Farrell, Gemma Arterton, Justin Timberlake, and others.
