Hollywood starts with an agent

Chapter 277 Movie Copyright Library

On June 1994, 6, in the box of the Compaq Center in Houston, as the referee blew the whistle to end the game, the scoreboard showed Rockets 22:90 Knicks;
The entire Compaq Center was shaken. The Rockets won their first championship, which was also the first championship in team history. Hakeem Olajuwon deservedly won the Finals MVP.

"Ah, Aaron, I win!"

Jennifer Connelly screamed and threw herself into Aaron's arms, kissing him with her hot lips.

"Well," Aaron also responded enthusiastically while hugging the sexy girl...

That night, after celebrating at the club, Aaron took Jennifer Connelly back to their villa in the River Oaks community.

In the bathroom, Aaron hugged the sexy Jennifer Connelly from behind and kissed her passionately, feeling the girl's 34D!

"Next, I'm going to shoot 'School Rush' directed by John Singleton," said Jennifer Connelly with a dazed look in her eyes.

"Well, I also have to go back to Los Angeles and wait for Forrest Gump to be released!"

"Why don't you stay and celebrate for a few more days?"

"No need, Jack is here. If I have time, I'll come over when the champion parade or something like that happens!"

With that, Aaron pushed Jennifer Connelly against the wall...

At the same time, Disney's "The Lion King" officially opened for the public, and with the previous previews, the opening performance exceeded 4500 million US dollars;
It has also received unanimous praise from the outside world. It has rich characters, exquisite pictures and excellent plot. It is a proud work among Disney's classic family movies.

"The Lion King" is also Disney's 32nd animated feature film, and it is also Disney's first original story that is not adapted from any previous content!

Aaron sat in his office chair in Burbank, Los Angeles, flipping through newspapers and magazines about The Lion King.
Rolling Stone: "The Lion King is a hugely entertaining blend of music, fun, and jaw-dropping thrills, but it's also not without depth, with the father-son relationship rendered touchingly and emotionally."

Premiere: "More than 600 artisans created a visual miracle by bringing the African landscape to life on film, from the gentle falling of raindrops on leaves to the majestic stampede of wildebeest. It is this artistry of animation that elevates The Lion King to the level of a premium children's film."

Entertainment Weekly: "The Lion King is not only a brilliant cartoon but also an emotionally poignant film that resonates."

The Washington Post: "The Lion King is an impressive, almost intimidating animated film. Of the 32 animated feature films produced by Disney, The Lion King is not only more mature in theme but also the darkest and most intense!"

Aaron then called Esther Beckett to his office and asked about the production progress of Toy Story.

"Toy Story has already started dubbing, with actors including Tom Hanks and Tim Allen familiarizing themselves with the dialogue!"

Hearing this, Aaron nodded. Pixar was finally starting to show its fangs.

In the evening, Aaron met with John Krueger, chairman of the Metromedia Group, at Club 54 in West Hollywood;
Metromedia Group is the shareholder and operator of Orion Pictures. After filing for bankruptcy, it introduced new investors, but Orion's operating conditions did not improve.

John Kruger, who was already 80 years old and had little energy left, looked at Aaron and asked, "Dawn wants to acquire Orion's copyright library?"

Aaron nodded. "Yes, Orion is a bit hot for you. High debt is never a good thing."

"Dawn is willing to acquire Orion's film library. You can take the cash and explain it to the creditors!" Orion started out by acquiring the Film Road Company in the early days. Combined with its own copyrights over the years, it is also a considerable asset.

Copyrights of "Terminator" (part one), "Rambo" (part one), "RoboCop" series, "Dances with Wolves" and more!

John Krueger has always hoped to sell Orion while retaining its independence, but unfortunately no one is willing to do so.

"Aaron, my health is no longer able to run a film company. Metromedia really needs to split Orion Pictures and get funding."

"As you know, Orion owns the copyrights to nearly 1500 films. The price won't be cheap. We won't sell it for less than $2.2 million!"

John Kruger said this, picking up the glass in front of him and taking a sip.

Aaron also picked up the glass and took a sip, "Mr. Kruger, although I am not very old, I have been in Hollywood for 5 years;"

"I was able to develop Dawn into a company that has surpassed MGM, can compete head-on with the Big Six studios, and can produce hit films every year;"

"Orion's film library only has about 1200 truly mainstream works, and Sugon is willing to invest $1.8 million in cash to acquire it."

John Kruger frowned, "Last year, Turner Broadcasting acquired the assets of New Line Cinema for $5 million!"

Aaron spread his hands and said, "That includes all the film libraries, scripts, real estate, theater chains, etc. of New Line Cinema, Castle Rock Entertainment, Nielsen Entertainment, etc.;"

"Besides, can the works in Orion compare to the current New Line and Castle Rock?"

Just like Dawn now, its own copyright library only has forty or fifty works, but the value of these works is much higher than the total assets of Orion.

"Mr. Kruger, as long as Metromedia is willing to sell, Suguang can immediately provide $1.8 million in cash!"

Aaron now has another advantage, which is sufficient cash flow. He just raised $5 million in financing, and combined with Sugon's own liquidity, it is really a lot.

Even if they spent $1.2 million to acquire the Houston Post and built the Dawn Tower in New York's Times Square, it would still be enough!

John Kruger was conflicted, but he knew that Shuguang's current offer was already good, and it was a cash transaction;

For John Krueger at the moment, the importance of cash is self-evident.

However, John Krueger did not make up his mind too quickly and responded: "I need to discuss it with other shareholders for a few days!"

Aaron nodded, but he was determined to acquire Orion's copyright library. With the establishment of Sugon Home Entertainment and the AMC cable TV network, Sugon's demand for film libraries was not small.

More importantly, Aaron knew that the DVD era was coming, which would be a huge market that would be two or three times larger than that of videotapes.

By then, in the DVD era, the value of movie libraries will skyrocket!

(End of this chapter)