Hollywood starts with an agent

Chapter 592 Continue to Expand the Copyright Library

"DVD player sales in the North American market have exceeded 250 million units since the beginning of the year."

"Last year, the total sales volume in the United States was 120 million units, and it is estimated that this year's sales volume in the United States will exceed 400 million units."

"The price of DVD players has dropped to an average of $370 each. When DVDs were first released two years ago, the price was between $600 and $1000. Last year, the price dropped to $450 and $550. The gradual decrease in price has stimulated sales. In addition, the sales volume of DVD discs has also been increasing steadily!"

At dawn, Universal Pictures co-president Tom Rothman reported to Aaron, "DVDs have been developing rapidly since they hit the North American market in March 1997."

Aaron smiled. "There is indeed evidence that DVDs will surpass VHS tapes in market share within five years."

"Right now, all the companies are releasing DVD versions of both new and old movies, and everyone is optimistic that DVDs will replace videotapes!"

Furthermore, 3300 DVDs were released in Region 1 (the United States and Canada) last year, and 1020 million DVDs were sold in the North American market.

DVDs are growing rapidly, but the videotape market is still the mainstream!

Titanic began its global release in September of last year in widescreen, panning, and scan formats on VHS and laser discs. In the North American market, the video rental market reached $1.08 million in the first week.
To date, the North American video rental and sales market for "Titanic" has exceeded $500 million, and Dawn Home Entertainment recently launched a high-definition DVD version of "Titanic." After all, the international market belongs to 20th Century Fox!
Other works by Dawn, such as "Men in Black," "Jurassic Park II: The Lost World," and "Armageddon," have also performed well in the videotape market.

Of course, Disney animated films have always been the dominant force in the videotape market, but the emergence of Pixar not only competed with Disney animated films at the box office, but also launched an attack on Disney in the home entertainment market.

"Tom, as you know, videotapes and DVDs are extremely important to film companies;"

"Every year, the company's new films and copyright library provide us with a large cash flow, offering a continuous source of funding for our new films."

"With the development of DVDs, I think that some non-mainstream works can also provide a lot of funding, so perhaps we can continue to expand Dawn Global's copyright library!"

Aaron tapped the table and made the suggestion.

Tom Rothman thought for a moment, then looked at Aaron Anderson with some surprise, "Aaron, you wouldn't happen to be eyeing the adult film market in the Fernando Valley, would you?"

"Ahem," Aaron widened his eyes, then quickly waved his hand, "How could that be? The adult film market in the Fernando Valley is different from ours."

"The involvement of Hollywood film studios will be met with ridicule; I'm referring to other independent film studios that specialize in distributing genre films."

“Riesel Entertainment, Savoy Films, and Trimac Films, these B-movie and C-movie studios, also have a lot of videotape film rights.”

Many of these companies' films were not made for theatrical release, but rather for the videotape market.

The investment isn't high, and although the earnings aren't much, small gains add up, and it can still be useful in the future streaming media era.

"I see. I'll keep an eye out. If there are any film companies worth acquiring, I'll make a move."

Tom Rothman immediately nodded. He was already in charge of managing Dawn's home entertainment business, so increasing Dawn's film library was a good idea!
Subsequently, in late August, Aaron led a group to Japan to attend the upcoming opening ceremony of Universal Studios Japan in Osaka.
The first phase of construction for Universal Studios Japan in Osaka was initially budgeted at 1500 billion yen, but as construction progressed, it increased to 1800 billion yen. At this time, Japan's economic situation was not so good; infrastructure development was already saturated, and the negative impacts of large-scale infrastructure construction began to emerge:
The government is facing a fiscal crisis, and civil servants have begun to implement salary reductions. Japan's huge debt is squeezing the welfare of the people, and the government has also begun to adjust the pension system, including raising the retirement age and increasing the contribution ratio of the housing provident fund.

At the same time, it also began to vigorously develop regional specialty products and support local brand businesses in order to attract foreign consumers.
The yen's continued appreciation, from a low of 124 yen to 1 US dollar to the current 110 yen, has also caused Japan's service trade imports and exports to fall into a trough.

The headquarters of Asia Pacific Japan is located in Harajuku, Shibuya Ward, Tokyo, on the third floor of an old four-story building that it rents!
"This is the Japan office of Media Asia?"

Aaron was also visiting for the first time, and he couldn't help but laugh after entering Norika Fujiwara's office.

"What's wrong? It's fine here!"

Norika Fujiwara sat down in Aaron's lap. "This place is very bustling, and there aren't many people in the company?"

"The company's biggest star right now is still Nanako Matsushima, the female lead in the movie 'Ring'."

The rights to "The Ring" have been acquired by Dawn Twilight Pictures, which is preparing to remake it!
"Ringu 2: Sadako's Curse" grossed 21 billion yen in Japan.

"Your small company can still sign such an established actor? Well, you're quite famous yourself!"

Aaron had heard of Nanako Matsushima; she's a pretty Japanese actress. Aaron hadn't paid much attention to Media Asia Japan's operations.

"Yes, she and her agent founded a personal agency, 7th Avenue, a couple of years ago, which was later acquired by Media Asia Japan."

“In Japan, it’s very difficult for someone like her. She’s looking for someone to rely on. Huanya Japan has powerful backers, and their management isn’t strict!”

Aaron patted the woman gently. "Global Asia Japan isn't short of money. If you want to have a broader perspective, you could sign more people."

"Also, this company address isn't good. We should find a better location, and if possible, just fund and build our own headquarters."

"It's a fixed asset after all. If we have money to invest in TV series and movies, why are we afraid we can't train people?"

Norika Fujiwara smiled and kissed Aaron on the cheek. "I've been to Hong Kong before and met with Ms. Wang Zhuxian. She also suggested that I sign more people."

"However, the competition among talent agencies in Japan is just too fierce. I've only signed a few younger models to train."

"Otherwise, poaching talent from other agencies is still quite troublesome. In Japan, it's not easy for celebrities to change their nationality!"

Aaron clicked his tongue in amazement. It seemed that Japan and South Korea were the kind of countries that liked to produce idols in an assembly-line manner. "In that case, can't you just continue to acquire small talent agencies?"

"Then, wouldn't people exist..."

(End of this chapter)