Hollywood starts with an agent

Chapter 637 The Mighty CBS Corporation

Chapter 637 The Mighty CBS Corporation
In 1999, the North American film market reached a box office of $73 billion, with a growth rate of 9.6%, which can be described as booming. Dawn Universal firmly occupied the top spot, overshadowing the other six major film groups.

Although DreamWorks is a newcomer, it is full of vigor and has the potential to challenge the traditional seven major forces in Hollywood, aiming for the eighth position in Hollywood.

The continued hot streak of Wall Street tech stocks has led to a significant increase in hot money flowing into Hollywood, coupled with European capital, propelling Hollywood's entertainment industry into a period of rapid development.

As Hollywood entered the new millennium, its market size grew larger and larger, supported by capital and technological innovation.
At the same time, CBS, a subsidiary of Dawn Group, partnered with McGraw-Hill, each investing $1.8 million to establish CBS Business, with each holding a 50% stake.
Furthermore, CBS Family Channel, created by CBS, officially launched, and Dawn integrated the CBS Group, incorporating the former AMC cable television network, Starz pay channel, and other services into the CBS Group.

In this way, CBS Corporation became a large broadcasting network group that owned CBS National Broadcasting Network, National Radio Network, AMC Basic Cable Network, Starz Premium Cable Network, TNN (Nashville Cable Network), CMT (Country Music Television Network), and EOP Entertainment Television Network!

Since Dawn acquired Marvel, it has added animated series to the children's family market. Now that it owns CBS, it is understandable that it would create CBS Family Channel to compete for the children's market.

We can't let Disney Channel and Nickelodeon, owned by Viacom, have all the credit.

Next, CBS Chairman Mel Kamaz has a long and arduous road ahead!
On a sunny morning in Santa Monica, Aaron sat on the sofa in the villa with Liv Tyler in his arms.

"Hmm, Michael Bay invited you to play the female lead in 'Pearl Harbor'?"

Aaron looked surprised.

“Yes, I read the script and I’m not interested in this kind of decorative role,” Liv Tyler said, shaking her head. She had previously turned down Michael Bay’s “Armageddon” as well.
Aaron smiled. "Disney invested a considerable amount in Pearl Harbor."

In Aaron's mind, shouldn't the female lead of this movie be Kate Beckinsale?

It seems that this time, Pearl Harbor has cast relatively unknown actors, except for Kate Beckinsale, who is now quite famous because of the globally popular The Mummy.
The global success of "The Mummy" has led to a significant increase in tourists visiting Egypt, including those visiting museums around the world to see the mummy.

"Let's get ready for filming 'Charlie's Angels'," Liv Tyler said, mainly because she's played too many romantic roles in recent years and wants to try different characters.

The quirky young woman in "Girl, Interrupted" was right up his alley, and the sexy action heroine in "Charlie's Angels" was also quite interesting.

“Okay, I’ll be going now,” Aaron rubbed the woman’s body and kissed her again…

At the end of the month, Miami, Florida.

Aaron's newly purchased 2.5-acre luxury villa is located on Indian Creek Island, an artificial island in the Biscayne Bay's inner lagoon!
Looking at the scenery before her, Wang Zhuxian, who had come from Hong Kong, couldn't help but ask, "Is this island just a ring of villas around the perimeter?"

Aaron nodded. "About 40 buildings, surrounding this island."

Indian Creek Island is an exclusive affluent area, with the Indian Creek Golf & Country Club located in the center of the island.
The island, spanning 4500 acres, has only developed these villas, making it absolutely impeccable in terms of security, privacy, and other aspects.

Not only here, but also on Jupiter Island in West Palm Beach to the north, Aaron has a vacation home that covers more than 2 acres!
"By the way, Chinese New Year is coming soon, right?" Aaron pulled Wang Zhuxian into his lap and kissed her. "Today is your birthday, let's celebrate properly, the weather here is so nice."

On Indian Creek Island, each villa has its own private dock, and Aaron is no exception, with a small yacht moored there, ready to set sail at any time.

Wang Zhuxian hugged Aaron's neck, "Ah, there are only five days left until the Spring Festival, and I still have to go back to Taipei!"

“Hmm, there’s still time,” Aaron said, running his hand over the woman’s thigh. “How’s the situation in China right now?”

"That's great. A bilateral agreement has been signed with the United States, and joining the WTO has completed the most important part."

"Import and export trade in coastal areas has increased significantly, and my garment factory is receiving more and more orders."

"Furthermore, I have already sold my shares in Xinke and invested them in BJ Huanya Company, joining forces with your Haihua Real Estate to enter the real estate industry;"

"The BJ Huanya Building has already started construction, but your BJ Huanqiu Twin Towers haven't started construction yet, although the Huanqiu Shopping Plaza has!"

BJ Universal is a twin tower, namely Universal 1 and Universal 2.

Aaron smiled and said, "I'm not in a hurry. Anyway, I plan to build it into a landmark building, so I'll definitely put more effort into the design."

After all, unlike the Shanghai World Financial Center, which was a project that Aaron acquired from Mori Building Co., Ltd. of Japan and could start construction immediately!
"Well, then it's nothing serious. You don't seem to care much about Media Asia Entertainment's business."

"It's nothing, how could it be nothing? You've come all this way to America!"

"Besides, I also follow Media Asia, but the Hong Kong film market is currently sluggish, while the Chinese mainland market is still growing."

As Aaron spoke, he pinched the woman's waist.

Wang Zhuxian smiled and said, "I came to see you. Besides, it's very convenient for me to come from here in America."

"Regarding the film sector, as reported in the news, the US is very dissatisfied with China's film import policies after China joined the WTO."

"At the end of last year, a bilateral trade agreement was signed between China and the United States, increasing the number of imported revenue-sharing blockbusters from 10 to 15. This means that 15 imported revenue-sharing blockbusters will be released this year!"

Of course they're not satisfied. Previously, the quota of 10 imported blockbusters per year only yielded a 13% revenue share. Even if it's increased to 15 this year, it's still not enough.
However, in Aaron's memory, after China officially joined the WTO, the number of imported revenue-sharing blockbusters increased to 20, but the revenue-sharing ratio did not increase and remained at 13%.

China's accession to the WTO was officially signed in December 2001. This means that, barring any unforeseen circumstances, starting in 2002, China's import revenue-sharing quota for blockbuster films would be 20.
As for those imported films bought out in bulk, they are basically dispensable for foreign film companies, since the Chinese film market is still very small and therefore the prices are quite low!
(End of this chapter)

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