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Chapter 1074 Who will pay the bill

In 2008, the trend of slowing down in the US economic development became increasingly obvious. Various sequelae began to emerge by using the real estate industry and financial means to drive the US economy.

No matter how good the strategy is in Washington, Wall Street can make a comeback.

Since the end of last year, the early subprime housing credit crisis has erupted, and investors have begun to lose confidence in the value of mortgage securities, triggering a liquidity crisis.

Excessive lending under the loose signature bearer standards also prompted a huge economic crisis to emerge from the US mortgage bubble.

Fannie Mae and Freddie Mae, which looked good in the past, are about to turn into explosives barrels.

In the eyes of people like Ronan who stand very high, although this explosive barrel only ignites the fuse for the time being, it may explode violently at any time.

Who can be responsible? Who will pay for it?

Of course, Wall Street has to borrow crisis to make money. Large companies like Relativity Entertainment will definitely not be suckers, and the Washington authorities are not stupid.

Therefore, in the end, all Americans must pay.

For the middle class in the United States, it is like sitting alone on a barrel of explosives, and a minimal hiccup should be avoided.

However, many of them are not worried because Washington authorities and Wall Street experts are trying their best to fool them: the situation is very good and the economic crisis will not happen!

Even if many people don’t believe in the words of experts, there is actually no good idea. Too many people have gotten into the big pit that Fannie Mai and Freddie Mai can’t get out of because of real estate problems.

When the Washington authorities vigorously developed the real estate industry, they fooled Fannie Mae, Freddie Mae and Wall Street, telling the middle class that it is warm to have a home.

When the real estate market turned into a mud, they not only took the lead in running away, but also stripped off the latter's last clothes and put them into the mud with one foot.

As an Internet company and with sufficient users and business support, Netflix Network has not been greatly affected at present and is still thriving in the stock market.

After the overall market value exceeded US$100 billion in December, Netflix Network's business fully entered the Japanese and Korean markets in mid-January, Netflix Network's stock price continued to rise.

In just less than a month, Netflix's market value rose from US$100 billion to US$110 billion.

Compared with the once almost pure streaming media company, Netflix, which now focuses on multiple businesses, its prospects can be said to be generally optimistic.

Netflix Network has developed steadily, and as its parent company's Relativity Entertainment, it is more stable than Netflix Network.

With Ronan's promotion and the planned plan, the internal preparations have been made long ago, with abundant cash flow and proper response measures. In addition, in recent years, almost all have been taking the path of independent investment in production and distribution. There is no complicated guarantee and debt relationship, so the impact will not be much.

Of course, the economic crisis is social in nature, and it is impossible to say that it has no impact.

In the past, there was a myth in Hollywood. In every economic crisis, Hollywood is a place where storms cannot spread.

During the Great Depression in the 1930s, one-quarter of Americans were unemployed, and people still counted their steel to watch the latest movies. People hid in cinemas because of escapism. The film industry was the only one that made Hollywood not hit but thrived.

But times have changed. Hollywood is no longer the Hollywood of the last century. Major production and distribution companies have become part of the media group. Media groups with complex industrial revenue structures will definitely not be able to escape this financial storm.

What Ronan and Relativity Entertainment prepare is to minimize the negative impact.

As of mid-January 2008, Relativity Entertainment had already held US$20 billion in reserve funds.

Compared with previous years, since Netflix went public, Ronan has become much closer to Wall Street and has also gained more knowledge about Wall Street. Combined with the few memories of the past, there are also relevant considerations about what impact the economic crisis that has ignited the fuse and will explode at any time.

One result is completely predictable. Wall Street Capital will inevitably withdraw from Hollywood in large numbers. The honeymoon cooperation period between the two sides ended. Many banks no longer invest in the high-risk film industry. Many Hollywood companies have to cut off some projects. The reduction in these projects also means insufficient start-ups, which will eventually be reflected in every class that constitutes Hollywood.

So, recently, Robert Iger has been frequently traveling between Los Angeles and New York, contacting several investment institutions. When Wall Street funds are fully withdrawn, he gets what Relativity Entertainment wants.

Hollywood's main energy is not on Wall Street and the economic crisis that reveals clues. The almost irreconcilable contradiction between the screenwriter's union and the producer's alliance is the most troublesome.

Against the backdrop of the screenwriter's strike, the Grammy and Golden Globes were suspended one after another.

Both of them announced the list of winners directly through the press conference.

On the Grammy, Adele from Big Machine Records became one of the winners of this year, and he won three gold phonographs back by himself.

Taylor Swift is just like before, not particularly favored by Grammys.

In terms of the Golden Globe Awards, "The Slums Millionaire" won the Best Drama Movie, and the Coen Brothers won the Best Director for "The Old Nothing".

Somewhat unexpectedly, Rachel McAdams won the Best Drama Actress with "Sunshine Girl".

As time goes by, the situation of this awards season is gradually becoming clear. The biggest competitor of "Slumdog Millionaire" is "The Old Nowhere to Belong" cooperating with Paramount Classic and Disney's Miramax.

The two films will compete fiercely on Best Director and Best Picture.

In terms of the Actor Award, the two young Indian actors of "The Slums Millionaire" have no competitiveness, and the Embassy Film Company has not applied for performance awards for them at all.

There are still many black actors in Hollywood waiting in line to win the Oscar Performance Award. The identities of the two Indian actors determine that their chances of winning the Oscar Performance Award are almost zero.

Uncle Hei hasn't gotten enough yet, and the third brother wants to come and rob, don't you beat me to death?

In terms of best actor, Daniel Day Lewis has obvious advantages. This famous Hollywood actor seems to be incompetent and does not understand the world. He claims to devote all his energy to performance and film art, but he is also a smart person.

Daniel Day Lewis has moved to Los Angeles for a temporary residence since early November. He has never left once during this period and has made every effort to prepare for Oscar public relations.

A person who only relies on performance and film art cannot win the three best actors, Little Golden Man.

In terms of best actress, as Rachel McAdams unexpectedly won the Golden Globe Award for Best Actress in the Drama category, he was also included in the shortlist for Best Actress for the Actors Union Award, and seemed to have the attitude of impacting the Best Actress.

This is not impossible, after all, her biggest competitor, Marion Cotillard, is a French actress.

Embassy Films also made appropriate adjustments based on the latest situation and began to invest certain resources for Rachel McAdams one after another.

"Sunshine Girl" is still released in North America, with a good reputation. The box office in North America is steadily trending, with a total of US$151.28 million.

Perhaps it was a similar experience, Rachel McAdams' performance was highly praised.

Although it is very difficult to win the Oscars for Best Director and Best Picture due to the theme and three views of the film, Rachel McAdams has certain hope to hit the performance award.

And what hindered her award was not the three-view issue of the film, but the fact that her character was a bit too beautiful in the film.

Oscar has never liked an actress who looks too dazzling.

Even if there are some adjustments, Embassy Films' public relations strategy is to prioritize "Slumdog Millionaire" and then consider the best actress in "Sunshine Girl".

If you want to win the award, Rachel McAdams also needs to increase investment and think of more ways.

According to the Embassy Films, the Australian actress has been very active since entering the awards season. As a female star who has fought countless bayonets all the way from the bottom, Rachel McAdams is not simple either.

There is also the best supporting actor who has something to do with relativity entertainment.

Because Shahai Entertainment collaborated with Warner Bros. and D Comics on "The Dark Knight", there is also a knowledge of the Oscar PR, which is known as the best superhero movie ever.

Warner Bros. declared the best supporting actor for Heath Ledger.

According to normal circumstances, there will be an extremely strong competitor, "The Old Nowhere to Belong" supporting actor Javier Baden.

Those who have watched "Old Nowhere to Belong" are extremely impressed by the killer who has a regular mushroom head, carries a new weapon like a fire extinguisher, kills people like numb but hates blood, ignores the laws of the world but sticks to their own principles, and is taciturn but "a promise of a thousand gold".

But the situation at this Oscar is very special, and Javier Baden is not facing an ordinary competitor.

How do living people compete with dead people? Just a simple sympathy point, Javier Baden is about to fall behind, and Heath Ledger's performance on the Joker is worthy of being a wonderful and a little Golden Man who is best supporting actor at the Oscar.

In fact, Warner Bros. considered applying for Heath Ledger for Best Actor. If you can get this little Golden Man, "The Dark Knight" will be rewarded with great rewards.

But after considering all aspects, I finally chose the safer best supporting actor.

After all, the award that can be obtained by a brain is better than simply getting a nomination.

The curtain of 2008 has opened, and Relativity Entertainment has also begun a new year. Films are the main business and release is the basis of industrial operations.

After the successful 2007, Relativity Entertainment was not much different from last year, and nearly 20 movies will be released in 2008, including top Hollywood productions such as "Avatar" and "Alice in Wonderland".
Chapter completed!
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