Nearly twenty people sat in the huge conference room of the Embassy Film Company, each staring at the whiteboard in front, with the name of the Oscar's best foreign language film "Crouching Tiger, Hidden Dragon".

These people come from various TV stations across the United States, including cable and wireless stations.

There is only one purpose for coming to the Embassy Film Company to win the North American TV premiere of "Crouching Tiger, Hidden Dragon".

"The premiere right is at a minimum price of $3 million." Garcia Rodriguez, who hosted the bidding meeting, said: "The bid must not be less than $100,000 each time."

"4 million US dollars!" The first person to speak was from ABC TV.

The middle-aged woman who represented mtv immediately shouted: "4.5 million US dollars!"

The person next to NBC directly raised the price: "6 million US dollars!"

The conference room fell into silence for a moment, and even Garcia Rodriguez did not expect that the premiere copyright of "Crouching Tiger, Hidden Dragon" doubled compared to the reserve price with just three rounds!

Garcia's eyes swept through the tags or other nameplates on these people's chests again. Abc, NBC, CBS and Fox, all of which were all major TV networks in the United States. HBO, MTV, Amc, C, PBS and other medium-sized TV stations or large cable stations were all absent.

A movie doesn’t have to go to each house to negotiate, but let many TV stations bid for it. Where did Embassy Film have held such a high-end event before?

Since Ronan completed the acquisition, Embassy Pictures has really completed earth-shaking changes.

In the past, the films released by the Embassy Film Industry asked to come to the TV station to buy them. Now, not only did the TV station contact them on their own initiative, but they were also willing to participate in the bidding meeting.

Is this what ordinary companies can do when the TV premieres copyright bidding meeting? Only when the box office and reputation are popular can the bidding meeting be held.

"$6 million!" Garcia asked loudly, "Is there any price increase?"

Yesterday, at the bidding meeting held by DreamWorks for "Gladiator", the copyright of the North American premiere sold $10 million.

Only the Oscar-Best Film Little Golden Man can't do this, and the North American box office of "Gladiator" reached more than 180 million US dollars.

"Crouching Tiger, Hidden Dragon" is not bad either, the best foreign language film Little Golden Man, with a box office of nearly $160 million in North America.

A middle-aged man on behalf of Fox TV raised his hand slowly and shouted: "$6.5 million!"

hbo is rich and generous, and the price is directly increased: "8 million US dollars!"

The conference room was completely quiet. After Garcia asked routinely several times, hbo successfully bid for $8 million.

The copyright of the first round of TV broadcast in North America alone sold for a high price of 8 million US dollars. Garcia can imagine that "Crouching Tiger, Hidden Dragon" with double glory in box office and awards will inevitably receive huge offline revenue.

The Fox TV station people followed the staff of the Embassy Film Industry to go through the relevant procedures, and the people from other TV stations dispersed one after another.

Ronan quickly got news in the office that the high price of $8 million is indeed worth celebrating.

The copyright of the first round of TV broadcast alone is enough to reclaim the funds for the acquisition of "Crouching Tiger, Hidden Dragon".

After the first round of TV broadcasts, there are also home entertainment channels such as DVDs and videotapes. In this regard, Embassy Film has a distribution network and cooperates with companies such as Walmart and PepsiCo. It does not require authorization to other companies and can be distributed independently.

However, Ronan plans to have someone have a good talk with them, as Walmart and PepsiCo takes a commission from the channel.

The channel commission ratio in the industry is generally 20% of sales, depending on whether it can be lowered a little.

In addition, Ronan has sent someone to make a super luxurious DVD set for "Crouching Tiger, Hidden Dragon".

It's not the type that costs $39.9 and has a DVD set with a small golden man with the best foreign language film printed with a reduced-proportioned Qingming Sword, which costs up to $599.

This is a special offer for enthusiasts.

There are many movie enthusiasts like North America, and many even spend money to buy the limited edition luxury peripherals of Star Wars.

The Oscars are over, but the Oscar effect is still affecting the entire North America.

The most obvious thing is the film market. "Gladiator", which won the best movie, was dragged out of the film library and whipped the corpse in the theater. The second round of screening began, and it actually gained a lot of box office.

Originally, "Crouching Tiger, Hidden Dragon" had entered the final stage of the screening. With the Oscars and other Oscars, they were killed before they died, and the number of theaters expanded from less than 200 theaters to nearly 600, and then lasted for a week, pushing the film's North American box office by $160 million.

When the film was down, the box office in North America reached 161.2 million US dollars.

"Crouching Tiger, Hidden Dragon" raises the box office record of foreign language films in North America to a height that is difficult for latecomers to reach.

Ronan remembers it very clearly that even in his last memory, "Crouching Tiger, Hidden Dragon" is still the box office number of foreign language films in North America.

Foreign language films such as "Angel Loves Beauty", "Rola Runs", and "Eavesdropping on the Storm", and in terms of revenue, they became weak in front of "Crouching Tiger, Hidden Dragon".

To be precise, except for "Crouching Tiger, Hidden Dragon", no foreign language film can have a box office of over 100 million in the North American market.

Most foreign language films have only one failure in the North American market. In addition, they can be calculated as much as they can be harvested.

As the publisher, Embassy Film received a box office share of US$75.4 million from theaters.

Since it is a copyright buyout, there is no need to settle these with Ang Lee and Xu Ligong's Zongheng International.

From copyright buyout to various publicity to theater distribution, Embassy Pictures invested a total of US$18.2 million in "Crouching Tiger, Hidden Dragon".

Now, investment has won a lot of rewards.

Not counting the company's shares and other income, Ronan alone received a reward commission of US$2.26 million as the buyer of the Embassy Film Copyright.

Ronan serves as the president of Embassy Film and is also a member of the company. He naturally enjoys various bonus incentives from Embassy Film and Television.

2000 years have passed, and the new fiscal year has begun. In the past year, Ronan's income and rewards for various positions alone have reached 14.5 million US dollars.

Although he completely controls Relativity Entertainment, when the company and individual should be separated, Ronan has always been very clear.

Ronan holds a large amount of funds in his hand. He originally wanted to invest in the stock market, but the stock market has been falling all the way since the collapse in March last year, and there has been no sign of stopping until now.

Just like an outsider, Ronan also inferred that this stock market collapsed and plummeted, it is estimated that it will be linked to September and then continue to fall.

It has already entered 2001, not far from September, and Ronan plans to wait.

In contrast, the affected real estate market has a little bit of stability. The real estate agent also contacted Ronan twice, as if he had several suitable housing units in his hand, all of which were the kind of homeowners who could not hold on to cash out with fixed assets under the deteriorating economic situation.

In many states in the United States, such as New York or Los Angeles, if you have too much luxury property, once there is a problem with the funds in your hands, property tax can drag people to death.

The taxes of the evil Americans claim that they will be scraped off when they die.

When I think of tax, I vomit blood.

Ronan made an appointment with the real estate agent and would take weekends to see the house.

At the same time, various Oscar-related statistics have been released, and Ronan and "Crouching Tiger, Hidden Dragon" have left many records for this year's Oscar.

This year's Oscars ceremony is the most popular American Asian ethnic group in 73 years, with more than 8 million Asian audiences.

It is also the most popular Chinese entertainers who have been invited to attend the event.

Since "Crouching Tiger, Hidden Dragon" has received numerous nominations, not only are the most Chinese representatives sitting in the nomination seats waiting for the award, but also various delegations from the East and Chinese audiences who have tried their best to enter the venue in order to witness the historical footage.

This is very obvious that Chinese and Asians have driven the Oscar market.

Of course, the winners are not only Hollywood, but also merchants.

According to statistics, during this year's Oscars, merchants' total revenue in terms of vehicles, fashion, jewelry and accessories sold and rented by merchants exceeded 75 million US dollars, which was the best earnings in previous years.

So many celebrities, audiences and fans, and all kinds of styles are made of real money and silver.

There is also ABC TV, as the broadcaster, who earned more than $50 million in advertising.

The value of the Oscars among all the grand events in the United States is basically in the top three every year, and most of the time it is ranked second.

There is no need to think about the first place. There is no possibility of surpassing the Academy Awards ceremony in the past ten years and in the past ten years ten years.

After all, the "American Spring Festival Gala" that always ranks first is not a fictional reputation.

The Super Bowl's influence and commercial value in North America is really too great.

Just counting the North American market, even the World Cup finals in football are far from each other.

Another thing is that Ronan, as a member of the Producers Alliance and serves as a producer of several successful films, submitted an application to the School of Film Arts and Sciences, waiting for the Academy to issue a formal invitation to prepare to join the Academy and become a member of many Oscar judges in the coming year.

The Film Academy adopts an invitation system for new members, and there are three ways to receive an Oscar nomination; apply for membership and receive recommendations from two members in one chapter; and win support from member committees such as the Producers’ Union or Directors’ Union or the Academy Council.

Then the member committee votes, and those who receive the majority are invited to join.

For producers, it is not difficult to join the academy. The basic invitation requirement is that they need to produce more than two separate films before they can be considered.

Under Ronan's conditions, it is not a problem to get an invitation at the end of this year and pass the vote.

Moreover, the members of the college, that is, the Oscar judges, are lifelong and have no term.

This is also one of the reasons why the Oscar judges are getting older and older. If you enter, you don’t have to go out. The old men will catch a lot of them.

In particular, many old men are in a state of retreat and have not participated in the shooting of any movie in the past few decades. Their understanding of movies is far behind the times.

Then, a lot of nostalgic films won at the Oscars.

For those who specialize in Oscars, the age of the judges is the factor that can be used.
Chapter completed!