Chapter 375 North American Harvest in March
At the end of March, Dingfeng’s first round of financing was completed.
The final valuation was set at US$1.8 billion.
Five hundred million of them were added by Nordin's lips.
The remaining 1.3 billion is based on the valuation based on Peak’s current IP reserves and revenue, which is the addition of the project performance in March.
The current peak is in the horror film series, with the "Chainsaw" series.
This series is currently in its fourth installment. It has been in theaters for three weeks and has grossed over 60 million at the North American box office.
The entire series has also been praised by the media as having exceeded the value of the "Death is Coming" series.
The "Death" series is currently on its third installment, with the fourth installment still far away.
The fourth installment in the "Chainsaw" series has no problem breaking 100 million at the box office this year.
In this series alone, the box office of the four movies has reached close to 700 million, and the disc sales are even greater, with three movies close to 600 million.
In a few years, the total profit will be close to 500 million.
No one knows how much revenue this series will generate in the future, but it’s all very promising.
Lu Pingan knows that if "Saw" is the most representative horror film of the 21st century, I believe no one will disagree.
In terms of revenue alone (movie box office and DVD sales), it can definitely be described as invincible.
So in his opinion, the current valuation of "Chainsaw" is still low.
In addition to "Chainsaw", "The Purge" has been in theaters for two weeks, and the box office has reached about 45 million.
Relative to the cost of 2 million, there is no need to say that this is another successful series.
What follows is another rise in peak valuations.
The "Death Day" series currently has less box office than the previous two films, but a third film can still be developed.
This will also help valuations.
In addition, "Batman", "Amazing Night", "Brokeback Mountain" and other movies that Lu Ping An has produced in North America have a share in Peak.
These gains can also boost share exponentially.
In addition, Summit also has an advantage, that is, it has a greater advantage in the Chinese market than any other Hollywood company.
So overall, according to the current situation, the peak valuation of 1.8 billion is on the low side.
However, the reason why the valuation is 1.8 billion is because Lu Pingan personally occupies the majority of the copyright share in these films.
At this point, Nordin realized that the betting game was actually useless.
Because Lu Ping’an has the final say!
But that's okay.
Valuation, a financial game.
He doesn't do movies, he just wants to increase his wealth.
Of course, the team will naturally raise some different opinions regarding this unhealthy model.
Therefore, after the investment is completed, Summit will operate more projects to check and balance road safety.
Ping An is open to this.
Anyway, now that his own rights and interests are stable, the bigger the company gets, the more he will benefit. Even if it goes bankrupt, he can still retain his share of the existing IP, so he can develop boldly.
In the end, Summit Group cut off 25% of its shares and completed the first round of financing at a valuation of 1.8 billion.
Lu Ping An's shares also dropped from 30% to 22.5%, cashing out 135 million in cash, plus the income settlement before financing, settling all income in the past two years. In this wave, his cash assets increased by nearly 500 million US dollars.
After signing, Nordin said to Lu Ping'an: "If we had reached a cooperation last year, the best director this time would basically be yours."
"There are no what-ifs in the real world." Lu Ping'an was very calm.
"I like your sobriety." Nordin then extended an invitation: "Let's have a party in a few days. I have a few friends who really want to meet you."
"What friend?"
Nordin pointed to the Versace on Lu Ping'an: "The daughter of the boss of this company, and others from Ai Oh Wei and other companies will also come. They are all European old money."
"Yes, but it will have to be after April 15th. I have to go back to China in the next few days."
Lu Ping'an didn't refuse. Walking around with people in the fashion industry could also save some resources for women.
"No problem." Then Nordin finally asked the question in his heart, "How on earth did you predict that "Grind Room" would not work?"
Lu Ping'an smiled and said: "You will understand this problem after we get along for a long time."
After that, he bid farewell to everyone and returned to the crew for filming.
Wattsberg looked at his back, turned around and smiled at Nordin: "I'm curious? I can tell you his story. Do you know what his nickname is?"
Nordin glanced at him, turned and left.
He felt that he had seen too much people pretending to be pretentious these days, so he had to go back and sort it out, so that he could regain his place next time!
It’s April 10th.
At this time, the battle reports for March have been released.
"Chainsaw 4" took in a box office of US$76 million in North America in four weeks, and the global box office has exceeded 130 million.
"Purge 1" grossed 41 million in North America in three weeks, and the global box office was close to 70 million. It is not a big problem to break 100 million.
The new series is thus formed.
"Death 2" sold 12.8 million in North America in one week, and is expected to eventually reach around 45 million and around 80 million globally. The results are mediocre, but you can still make money with the third installment.
The three films once again achieved profits that far exceeded their costs, making the producers smile from ear to ear, and allowing Lu Pingan to once again secure his position as the "King of Thrillers."
After all, throughout March, although there were thriller movies with higher box office than these three, such as "Soul Chariot".
But in terms of cost-benefit ratio, there is really no one who can beat it.
And what surprised Lu Pingan the most was actually the box office of "1937".
"1937" was released on February 24th, and it has been more than a month since then, and the North American box office is 72 million!
It can be said that this has broken the record of domestic films in North America held by "Hero".
In addition, "1937" has been released in various parts of the world for nearly a month.
At present, the global total box office has reached 210 million US dollars, of which the mainland box office has contributed nearly 40 million US dollars.
What makes Lu Pingan even more comfortable is that it will be released in Japan next.
The power behind Notting is still something.
A week after the financing was completed, the movie was sold to Japan, with a copyright fee of 8 million US dollars, the market price.
In addition, regarding the possible ban of Japan, Notting said that it will not exist in the future, including some secret threats, unless Lu Pingan shoots the kind of movie that they have to ban again.
Banned or not, Lu Ping'an will never go to Neon again. If he really gets angry again, he won't care and will continue to shoot. No one can control him.
As for now, making money is the most important thing.
So Lu Ping'an also asked Xiang Guoqiang to start acquiring game companies.
The game resource package obtained from "1937" must be used.
It's set against the background of the Anti-Japanese War.
It makes money, right?
I believe that the chicken-eating game will be popular in this era.
On the 11th, Lu Ping'an temporarily left the "Batman 2" crew, and the crew work will be handed over to Nolan for a week.
Nolan's "The Prestige" will be released in June. Now he is still an unknown director. After "The Prestige" is released, it will be difficult to order him.
The night before returning to Beijing, Lu Ping'an spent a night with Rachel, who had not seen him for a long time.
This time Rachel's "Death Day 2" was released, and she also joined the "Batman 2" crew as a guest "Rachel".
We haven't seen each other for many years, so there's actually no point in missing each other. Rachel didn't mention the difficulties she had encountered over the years. Since she didn't say anything, Lu Ping'an naturally wouldn't ask too many questions. They could just keep getting what they wanted, clap their hands when it was over, and there was no need to linger. It was so convenient.