American TV series: Start with the little Sheldon's wool

Chapter 508 Acquisition
A few days later, through Mr. Randy's help, Mike met film investor Morgan and director Cameron in a conference room in Los Angeles.

Compared to last year, old Morgan looked much older and more haggard, and was now chewing his cigar with an irritable look on his face.

Director Cameron's face looked calm, but from the way he clenched his fists, it could be seen that he was also feeling angry.

"What's going on? If you have any problems, just tell us and we can discuss it. There's no need to delay the production of the movie because of anger. We will be the ones who lose money in the end." As the initiator of this conversation, Mike poured a glass of red wine for each of them.

Although his words were very polite, he still nodded to Morgan vaguely.

After all, Morgan had promised before that he would take care of both the filming and promotion of the film. But now, due to funding issues, he can't even take care of the filming.

This is already a big mistake.

As the second largest shareholder of the film, Mike has the right to question him.

"I have tried my best to control the cost of filming. The production cost was originally agreed to be 250 million, but I only spent about 200 million..." Cost issues were not Cameron's responsibility, so he directly expressed his dissatisfaction: "Now the remaining few shots will cost a lot, but they only cost 10 million."

"I can guarantee that if this 10 million is spent, Titanic will definitely become a classic in film history."

"Now that 200 million has been spent, Mr. Morgan has started to be stingy with the remaining 10 million..."

Cameron was present when Mike and Morgan signed the share contract, so he knew very well what Morgan was planning.

It is precisely because of this that he looks down on Morgan, the speculative capitalist.

"That's 10 million, not 1,000 million yuan. Besides, the 250 million yuan budget is not just for the filming cost, it also includes the subsequent publicity and theater investment..." Morgan had to explain himself after being scolded by the film director.

But listening to his tone, he gave people a feeling of guilt.

In fact, Morgan has been investing in the film industry for many years and does have its own way in film promotion and theaters.

He had previously planned to cut costs and save money, and he also took into account his network of relationships in these two areas.

However, the film has not even reached the promotion and distribution stage yet, and there is already a funding gap, which Morgan had not expected before.

And like he said, ten million is definitely not a small amount.

Although Morgan was quite wealthy, with total assets estimated at 5 to 6 million, most of that was fixed assets, and the rest was money waiting to be recovered.

It is really a bit difficult to ask him to take out 10 million in cash now.

"Mr. Morgan, are you planning to keep 50 million for publicity?" Mike looked at the bluffing old Morgan and said generously, "I'll pay for the 10 million gap for filming, but I also want to see your sincerity."

"In the four or five months before the summer movie is released, I want to see that you, Mr. Morgan, actually invest 50 million in publicity and promotion, not a penny less."

"Am I clear enough?"

As the King Group became a large group with total assets of over 100 billion, Mike gradually transformed from a Wall Street rookie to a capital tycoon.

Now he is already rich enough to be looked up to by wealthy people like Morgan.

Morgan was a little relieved to hear that Mike was willing to fill in the gaps in the filming.

However, after hearing Mike's pointed reminder, Morgan broke out in a cold sweat.

As a wealthy man, he knows too well the power of capital tycoons.

Mike didn't care much about Morgan's cleverness before, but when he got really serious, Morgan couldn't stand it anymore.

"Well, I'm having a little problem with my cash flow right now. I'm afraid I won't be able to come up with 50 million within four or five months..." How much publicity and promotion funds can be raised in the next four or five months will all depend on how much profit Morgan can make from the several small and medium-cost movies he invested in out of greed some time ago.

There are many uncertainties involved.

As for movie investment, not every investment can make money, and some can't even get back the principal.

Morgan, feeling the pressure, secretly wiped the sweat from his forehead and said shamelessly: "How about you invest a little more money, Mike? When the movie makes money, I will give you more according to the proportion."

This inappropriate remark instantly silenced the scene.

Old Morgan, who became the largest shareholder of the film because he promised to pay the most money, realized belatedly how naive his idea was.

He was already showing his cowardice, so he quickly lowered his head and acted like a coward, no longer daring to look Mike in the eye.

On the other side, Mike, holding up the red wine leisurely, stared at Morgan expressionlessly for several times.

Until the atmosphere in the room became so heavy that it made people feel difficult to breathe, Mike knocked lightly on the table and shouted outside: "Mr. Randy, bring the things in." Mr. Randy, who had been prepared outside the door, pushed open the half-open door and walked in quickly with a pile of documents.

"Mr. Morgan, these are all the film projects you have invested in in the past year. Except for Titanic, they are all small and medium-cost investments. According to the predictions of professionals, it is unlikely that your small and medium-cost film investments will pay off quickly..."

Mr. Randy put the information in front of Morgan and said, "So there is a high probability that you will not be able to afford the publicity for the new Titanic movie in the future..."

"Even if you continue to hold on, the subsequent promotion of Titanic will drag you down and make your total assets bankrupt."

In some ways, making a movie is indeed a very expensive business, and Mr. Randy is not exaggerating.

And Mike's arrival was not unprepared.

Before he came, he had asked Tina to investigate Morgan's situation and fax the information to Randy.

In other words, because of Morgan's unsatisfactory performance, Mike had decided from the beginning to kick him out of the Titanic project.

Seeing old Morgan gradually withdrawing himself in Randy's words, Mike said at the right time: "Mr. Morgan, I feel sorry for your current situation. Now you have one chance to choose, which is to sell all the shares of Titanic to me."

"In this way, not only will you not have to worry about the promotion of the Titanic movie, but you will even have extra funds to finance your other film projects."

"what do you think?"

After saying this, Mike calmly took a sip of the red wine in his hand, as if he was not afraid that Morgan would disagree with his proposal.

On the other side, Morgan gradually calmed down and finally realized that Mike had other plans this time.

But as Randy said, Morgan had no choice as he was short of cash.

Especially now he is facing a big capitalist like Mike.

"Five hundred million!!!" Morgan, who had been struggling for a long time, said through gritted teeth, "As long as you can come up with five hundred million, I will sell you all the shares of the Titanic."

It has to be said that Morgan is indeed a veteran in the film investment industry.

If everything goes well with the new Titanic movie, he will indeed be able to earn a profit of 500 million from this investment.

However, he still wants 500 million even in this situation, which can only be said to be a bit unrealistic.

Even though Mike has money and won't lose money, it doesn't mean he can continue to tolerate others taking advantage of him.

"One hundred and fifty million, you didn't lose anything and you made fifty million." Mike leaned back slightly in his chair, looking down at Morgan opposite him.

"Four hundred million, it can't be any less. I can introduce you to the relationship between the publicity team and the theater chain..." Mori argued.

As a businessman, this is basic quality.

"One hundred million, I'll let you break even." Mike reminded: "You have to understand that in your current situation, I'm not begging you."

A person who was almost dragged into bankruptcy by the Titanic still dares to raise the price. This is simply intolerable.

"One hundred million? Too little. I'll make a concession and go for three hundred million." Morgan said based on his experience: "You and I both know that this new movie is definitely worth this price."

As mentioned before, Morgan is also a veteran filmmaker, and he has his own assessment of whether a new movie can make money and how much it can make.

Only now, the rhythm was clearly not with him.

"10 million for filming and 50 million for publicity and promotion. If you can make up for this gap, you might be able to make 300 million." Mike responded sharply, "But the situation is different now, so I will only offer you 100 million. If you are not satisfied, I will leave now."

"However, I have to remind you that any choice you make now will determine whether you will go bankrupt in the future."

Mike's words indirectly reminded Morgan who he was about to offend.

Sure enough, after hearing Mike's warning words, old Morgan's face turned even paler.

Finally, after weighing the pros and cons, Old Morgan gave in and said dejectedly: "I have invested 100 million in this project alone. Add to that the effort and labor management fees I have put in during this period, and I think I am worth the 150 million."

"Deal!" Mike smiled again and said, "You made the right choice, Morgan."

I have to say, with the ability to read minds, negotiation is that simple.

(End of this chapter)