Hollywood starts with an agent

Chapter 384 The Problem of Overspending

The Pentagon’s Hollywood Liaison Office is specifically responsible for liaison between the U.S. Department of Defense and Hollywood. After all, Hollywood and the U.S. Department of Defense have maintained a “symbiotic relationship” for decades!
On the one hand, the Pentagon allows filmmakers to shoot on location at U.S. military bases, naval vessels, or other military sites, and provides various new weapons and military personnel;
On the other hand, the U.S. military can also benefit from the positive portrayal of U.S. military personnel in movies, which can help with recruitment and improve the image of the U.S. military.

The Pentagon's involvement in the film production process allows filmmakers to benefit from real-world locations and technical expertise!

The script for "Air Force One" was highly favored by Phil Strubb, the head of the Pentagon's Hollywood Liaison Office, who was willing to provide all possible support.

Besides military representatives, there are also representatives from other organizations, such as the CIA and FBI, who have close ties with Hollywood.
The promotional influence of film and television is absolutely undeniable!
West Hollywood Sunset Tower Hotel.

Aaron attended the premiere party for "Sense and Sensibility," a highly acclaimed film directed by Ang Lee and starring Emma Thompson, Hugh Grant, Kate Winslet, and others.
Ang Lee's previous films, such as "The Wedding Banquet" and "Eat Drink Man Woman," were already quite artistic, and his first English-language film, "Sense and Sensibility," has received unanimous praise from film critics.
Dawn will certainly strengthen its cooperation with him, especially since his works are mainly prepared by producer James Schamus.

Therefore, Crescent Moon Pictures specifically signed a film distribution cooperation agreement with Good Machine Productions, founded by James Shams!

"By the way, how far along is James Cameron's new film, Titanic?"

Aaron asked Brad Grey, who was standing next to him.

"During the pre-production and casting phases, 20th Century Fox built a large filming base on a beach in Mexico."

"The replica of half of the Titanic has also been completed, which took quite a while."

Hearing Brad Grey's response, Aaron nodded, mainly because seeing Kate Winslet immediately reminded him of the movie;
Moreover, Leonardo DiCaprio, another male lead, also filmed a romance film called Romeo and Juliet this year for Dawn Crescent Pictures!
"James Cameron's filmmaking style is very expensive!"

Aaron curled his lip. "Twentieth Century Fox will probably seek cooperation, right?"

Brad Gray pondered for a moment, "That's also a possibility, mainly because this year's maritime films, *Waterworld* and *Cutthroat Island*, both experienced serious budget overruns."

“Even James Cameron, who never makes a film without going over budget, would probably have been unable to afford if Titanic had gone too far over budget.”

Aaron smiled, "When 20th Century Fox seeks external cooperation in the future, Universal can join us."

"I have a lot of confidence in James Cameron!"

Brad Gray nodded. "Also, after Carlock's bankruptcy, it seems MGM also had designs on acquiring him."

"Furthermore, MGM issued a notice to Time Warner to reclaim the MGM film library."

Aaron wasn't really that interested in Carlock, except for the Terminator copyright!
"Does Edgar Bronfman Jr. want to take back MGM's film library?"

Brad Gray responded, "Yeah, before it was Turner Ted who was in charge, he definitely wouldn't sell, but now with Gerald Levin, it's hard to say."

"Siglen has plenty of cash flow!"

It's worth noting that Time Warner has a very high debt ratio, so if Edgar Bronfman Jr. is willing to make an offer, it's not impossible to sway Gerald Levine.

Aaron shrugged. "It doesn't matter anyway. MGM is just an empty shell now; its main asset is United Artists."

"Furthermore, MGM is rebuilding its international distribution network and wants to reclaim the copyrights, which is perfectly understandable!"

Just look at Edgar Bronfman Jr.'s investment in MGM's new project, and you'll know how big it is.

"Aaron, right now, the largest copyright library in Hollywood belongs to Time Warner, followed by Universal." "Should we also make an offer?"

Dawn now owns the copyright libraries of Universal, Orion, and Samuel Gowin, plus the works it has developed itself in recent years, which is quite a lot.

"Sure, let's give it a try. Anyway, we have enough cash flow!"

Acquiring MGM's film library would be a great deal.

That evening, back in Malibu, Aaron held Wang Zhuxian in his arms as they lay on the bed. "Next year, I estimate I'll be traveling between the US and Japan more often."

"Is it for the Universal Studios Japan project in Osaka?"

As Wang Zhuxian spoke, she kissed Aaron.

"Yes, this is Dawn's biggest project in recent years!"

The initial investment of 1500 billion yen is more than 15 billion US dollars;
Although Sumitomo Realty and the Osaka City government are involved in the investment, Dawn itself must also contribute at least half of the funds.

Wang Zhuxian thought for a moment and asked, "Has Universal Studios ever considered opening a branch in China?"

"China?" Aaron chuckled, reaching out to rub the woman's body. "Difficult. The current income of the Chinese people can't support that!"

The Chinese government also invited Disney to visit Shanghai to explore the possibility of building a theme park, but Disney quickly declined.

The reason is simple: the economy doesn't support it. After all, China's current GDP is only $7000 billion, and its per capita GDP is only $600.

Even in Shanghai, the richest city, the GDP per capita is only a little over $2000. How can they afford this kind of consumption?
"I see!"

"Don't think about it anymore. There will be more in the future. Whether it's Disneyland or Universal Studios, as China's economy develops, it will not miss out on this market."

However, right now, Japan's importance is definitely far greater than China's!

Wang Zhuxian nodded. "That's great. When you go to Japan, you can come to Hong Kong to find me."

Then, Aaron rolled over and pinned the woman down, kissing her. "Hmm, are you going back to Hong Kong next?"

"Yes, 'Chinese Laborers' has participated in several film festivals; I should go back now."

"I also have a film being released in Hong Kong, and I have a new movie to film!"

Although Hong Kong cinema was beginning to decline, big stars like Wang Zhuxian still received many scripts.
Besides, there's also the connection with Golden Harvest.

“Okay, I’ll come find you then,” Aaron said, kissing the woman’s red lips.

Wang Zhuxian wrapped her arms around the man's neck and responded passionately!

(End of this chapter)