Chapter 275 Foundation

After seeing off Angela Lindelwald, Ronan took a vacation and returned to busy work. The popularity of "Bourne Shadow" in North America is slowly fading, with a cumulative box office of 135.6 million US dollars.

Overseas is still expanding the scale of screenings, and has appeared in the film markets of 45 countries and regions, with a cumulative overseas box office of 78.57 million US dollars.

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

This is also within Ronan's expectation. After all, the propaganda aimed at Robert Ludlum really works in the North American market.

It is estimated that few people overseas will recognize Robert Ludlum 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 stage of preparation, and "Fatal Turn" will be released in late July.

This murderous horror thriller is a typical short-term explosive player. The main box office 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, the publicity in all aspects is also increasing, and even Guillermo del Toro, who is preparing for the sequel of "Death Comes", has temporarily put down the preparation work and turned to the promotional activities of "Fatal Turn".

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

Create some rumors about the existence of serial terrorist killers in a certain area, and then cooperate with some shots and signs of the film to properly create some panic atmosphere. If it can cause social panic, it would be ideal.

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

However, this kind of plasma massacre film has always been a strong traditional horror film genre in North America, and it doesn't need to do too much promotion to attract the attention of horror film lovers.

The release time is scheduled for late July, which is also the end of the traditional summer vacation. During this period of time, due to the consumption of wallets and enthusiasm, the number of audiences entering the theater will be relatively much smaller. As a result, truly competitive films are rarely selected at this time. Moreover, the director named Christopher Nolan is not well-known for the time being, and he has not developed the so-called Nolan schedule in the middle and late July.

With a relatively small competition, a relatively large audience of blood-blood horror films, and the good response in the test screenings, "Fatal Turn" was finalized in 2,300 theaters in early July.

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 customer traffic. The next film will naturally get good resource support from the cinema company.

There are still three weeks before the release of "Fatal Turns", 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 seldom directly participates in the specific publicity and distribution work. The embassy film company has a lot of professional staff.

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

Ronan made an appointment with Attorney Dinah Upton and Scott to discuss the foundation that is under construction.

"The materials have been prepared, and lawyer Dana 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 Lawyer Dinah, "What about the law?"

Lawyer Dana 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 was the first to answer: "The establishment is not a big problem, but we need to pay attention to recruiting funds."

Lawyer Dana explained in detail: "U.S. law stipulates that investors who invest in private equity funds must be qualified investors. The so-called qualified investors refer to individual investors who 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 of the spouse is higher than US$300,000; if the investment is made in the name of a legal person institution, the property of the institution must be at least US$1 million.

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

Lawyer Dana continued: "Before September 1, 1996, no more than 100 qualified purchasers invested in private equity funds without the approval of the US Securities Commission. After September 1, 1996, according to the US National Securities According to the Market Reform Act, this limit has been increased to 500 people."

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 he has continuously obtained are transferred to the investment market after September 11 to buy some stocks at the bottom.

The 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 foundation established is a relatively rare film investment foundation in North America in this era.

Just like securities foundations absorb and invest mainly in securities, the purpose of the film foundation is also to absorb foreign funds and then invest in film projects.

Ronan further asked: "The film foundation I established invests in the film projects produced by Shahai Entertainment, is there no legal problem?"

Lawyer Dana immediately gave an answer: "There is no legal problem."

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

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

Normally, a private equity foundation like this will give an annual income of 10% to 15%, and the foundation can draw 20% of the income from each investment as a commission and daily operation cost.

Therefore, a film foundation that raises funds externally and invests in the production of projects internally is very important for Ronan's first-line production plan that will be launched on a large scale in the next step.

This effectively provides benefits.

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 quite a long period of time, in order to avoid the troubles brought by the six major companies or other possible threats, it is impossible for Ronan to easily let Relativity Entertainment go public for financing. Episode shootings are all money-burning machines.

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

To successfully register the film fund, Ronan needs at least a partner. 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 operation, it still needs to be carefully planned. The film foundation will not play a big role in the short term.

Financing alone is not an easy task.

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

And the access qualifications are also determined. This is a game that can only be played by some institutions and rich people.

Of course, compared with those private equity funds that play leverage and hedging, the regulations of film private equity funds are much looser. Since there are no direct legal regulations for the time being, some management regulations of individual film funds are applied in this respect.

As long as you don't run away with money, don't evade taxes, don't engage in investment fraud and other things that violate the law, there is a lot of room for other aspects of operation.

Moreover, there are very few private equity film investment funds in Hollywood, not none, and there are many ready-made cases that can be used for reference.

Lawyer Dana reminded again at this time: "I suggest that you register an offshore foundation at the same time. You can choose Luxembourg in Western Europe, the Channel Islands in the United Kingdom, the Cayman Islands, Bermuda and other tax havens. can be used."

Ronan agreed: "Yes."

Lawyer Dinah said again: "There is no legal problem for the time being, and I will communicate with you in time if there is anything to do in the future."

Ronan nodded slightly.

Scott asked at this time: "What about the source of funds for the foundation?"

Ronan said directly: "As 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 according to my requirements."

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

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

Ronan raised his hand and interrupted Scott: "The best source of funds is overseas. In this regard, I am still collecting information for investigation. How to do it specifically will be discussed after the foundation is established."

In the previous life, the biggest source of investment for Hollywood film private equity funds was various investment institutions on Wall Street on the one hand, and overseas funds on the other.

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

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

The foundation still needs time. Lawyer Dinah and Scott are watching over it. Ronan is also more at ease. The biggest problem is the film investment fund attracting funds.

You can't do publicity with great fanfare. The network of contacts is very important. The most important thing is, how can you go overseas to find investment?

This must be carefully considered. Where else can the funds be used continuously.

And this is also a normal pull investment.