319 Chapter 318 What is Upstream (seeking subscription recommendation) (1/2)

May 18, the fifth day of ”Troy”.

Roberts-Deney walked into the company expressionlessly, nodding coldly to the employees who greeted him on the left and right, without saying much.

As one of the senior executives of Warner's distribution department, ”Troy” cannot escape responsibility anyway.

Push the door and walk into the company's meeting room.

As soon as I saw Barry Meyer sitting at the top of the conference table, he did not seem to have been affected by the unfavorable news in recent days. He still seemed calm and relaxed, smiling and raising his hand to signal him to sit down.

”President?”

Roberts Deney was about to speak, but was interrupted by Barry Meyer, ”Now everyone is here, let's talk.”

In the conference room, in addition to these two people, there are several other department executives.

”Propaganda funds are no longer invested. Now major newspapers and media are reporting negative news about movies.”

Well, at the beginning, I promised to invest 50 million yuan for publicity. It cost more than 20 million yuan in advance, but seeing that the situation is wrong, the remaining 30 million yuan will naturally not continue to be invested.

Can the loss be recovered in time? This is also the reason why the media side is down.Warner gave up all by himself.

”What about the transfer of public opinion?”

”Pitt, CAA and others are more anxious than us, they have already taken action.” Another executive reported.

”Well, since we have missed this time, we can't lose too much profit.” Barry Meyer continued: ”Overseas, hurry up and release the film, and the offline market also, the more you drag it, the worse the impact.”

”Relax, our people are already making arrangements.”

”That's it. In addition, let Lehman know that the ”Million Dollar Baby” project also needs planning.”

”Cannes?”

”Yeah.” Barry Meyer had planned for a long time. ”First participate in a few film festivals to accumulate reputation. At the end of December, they will be screened in North America. They will successfully fight for the awards season, compete for Oscars, and finally have a large-scale release.”

This is also a very common operating method in the industry. As for why Cannes was chosen, it is also because of Lehman's identity.

If he is not French, he might choose the Venice Film Festival.

Several people discussed the small meeting again, and the meeting ended.

For a huge platform like Warner, they are also experienced in dealing with project failures.

What's more, although the publisher of ”Troy” is theirs, the source of funds for the producer is diverse.

Wall Street investment banks, foundations, and even studios such as Plan B Pictures are the big money.

Regarding the loss, they are also the biggest, and even Warner only paid for channels and some time and energy.

Of course, if the project originally conceived failed to succeed, it must have had an impact, but it was not as serious as expected.

Distribution, as the upstream of the entire film industry, is not so simple to generalize.

Take this incident as an example.

No matter how much the final box office is, and how much the investment in the comparison project is lost, it is necessary to make up for the loss of Warner first, and then other investors.

This is the issuance condition written in the issuance terms.

Even the projects that Lehman cooperated with Paramount and Europa.

If the box office is 100 million, 40 million will be allocated to the theater, and the remaining 60 million will be calculated by the issuer first, and finally the producer's turn.