Reborn Action Star: Starting in Hollywood

Chapter 298 Invitation from the Eastern Power

"After deducting various miscellaneous items and taxes, the final net profit will be around $10 billion," said Mr. Eisen.

The tax system in North America is very complex, involving a series of complex taxes such as federal taxes, state taxes and city taxes.

It is impossible to achieve the taxation method based mainly on value-added tax after the domestic reforms in later generations.

Although the overall comprehensive tax rate is around 25%, the complex tax system provides more room for legal tax evasion.

For example, in California, you can enjoy a tax deduction of 35% of the cost of film production.

Mr. Eisen will be responsible for resolving these operational issues.

Did one movie make $10 billion?

This efficiency is comparable to that of a nuclear-powered money printing press.

This was the first time that Lin Yuan had earned such a large sum of money since his rebirth, and he couldn't help but sigh:
It's so easy to make money in Europe and the United States! Although it's exclusive and the competition is fierce, once you succeed, the profits are far greater than in other regions.

Comparing it with the domestic rich list, in 2003, the first place on the domestic rich list was the owner of a "pig farm", with a total net worth of 10.76 billion US dollars.

But that was just his wealth, while what Lin Yuan got was real cash.

Cash flow is the lifeline of a company. When this money was injected back into the company, Lin Yuan felt that he could do great things again.

Previously, because two domestic projects sucked away too much of the company's cash flow, he was a little hesitant when starting new film projects.

At present, in addition to the film projects in which he himself participated, there are only two films produced by other people at North American film companies:

"Brokeback Mountain" and "Batman Begins."

Think of its competitors MGM and Columbia Pictures, both giants that produce nearly 20 films a year.

If you want to gain enough influence in the industry, you must also increase the output of films.

He needs more directors and actors to join his filmmaking sequence.

This $10 billion cash flow may seem like a huge sum of money, but it will be quickly depleted if a few more films are made.

Thinking of this, Lin Yuan's illusion that he was already very rich was immediately shattered.

“By the way, ‘The King’s Avatar’ was also a phenomenal hit in India, with a box office of up to 2000 million U.S. dollars,” said Mr. Eisen.

"what?"

Lin Yuan didn't expect that he would become so popular in the country of the third brother?

India's film market is relatively small, even smaller than that in China at this time.

A box office of $2000 million was enough to top the Indian box office chart in 2003.

It would be a few years before Aamir Khan's "Dharma 3" and "3000 Idiots" would surpass his own film with $2500 million and $ million respectively.

As for the other two of India's "Three Khans", Shah Rukh Khan and Salman Khan, it will take longer for them to achieve box office results that surpass "Khalil".

Lin Yuan was very surprised: I had become a huge star in India out of nowhere? And a top-tier star at that?
"I have an invitation letter from the Bollywood film company Balaji Telefilms. They invite you to attend the Indian National Film Awards ceremony and want to discuss some cooperation matters with you," said Mr. Eisen.

"By the way, Balaji Telefilms was worried that its status was not enough, so its parent company Reliance Industries Ltd sent this invitation letter, and the sender was Mukesh Ambani," added Mr. Eisen.

After hearing what Mr. Eisen said, Lin Yuan immediately understood:
Balaji Telefilms, translated as Balaji Film Company, is a famous Bollywood film company.

The eight major Hollywood studios are divided into five major and three minor ones, and the eight major Bollywood studios are also divided into five major and three minor ones. Balaji Films is one of the minor three.

Therefore, he felt a little inferior and worried that his invitation letter to Lin Yuan would be ignored, so he brought in the parent company Reliance Industries Ltd to endorse it.

Reliance Industries Ltd is India's largest private company.

In 2003, Reliance Group's revenue was US$168 billion, accounting for 3.5% of India's GDP that year, making it an absolute giant company in India.

The owner of Reliance Group is Mukesh Ambani.

The name Mukesh Ambani is a familiar name to many domestic netizens.

Many people may not know that he is the richest man in Asia, but if you mention his mansion worth $10 billion that looks like a standing bookshelf, people will immediately remember it.

What’s even more amazing is that this super luxury mansion is actually right next to a slum. Many people really can’t understand why he did this.

But the objective result is that because of Mukesh Ambani's mansion, the slum houses next to him have skyrocketed in value, rising to a high price of 2 to 3 yuan per square meter!

This is a slum. How can a slum next to the richest man’s house become noble?
In this regard, Lin Yuan can only say that India is really a magical place, with many things that are incomprehensible to people.

"So, it was actually Mukesh Ambani who wanted to invite me to India?" Lin Yuan asked.

"I think so. The invitation was sent through Balaji Films just to make you feel that we are also people in the film industry and it won't be too awkward. Do you want to accept the invitation from Asia's richest man?" said Mr. Eisen.

"Guess what he wants to talk to me about?" Lin Yuan asked back.

"How could I know? I can't tell fortunes. Are you going or not?" Mr. Eisen said.

"Go! Why not?" Lin Yuan replied with a smile.

Lin Yuan had information from later generations, and he knew that if he was not mistaken, it should be related to the property dispute between Mukesh Ambani and his brothers.

As we all know, members of wealthy families love to stage exciting dramas of fighting over family property.

After the death of Reliance Group's first founder, Ambani Sr., in 2002, Mukesh Ambani and his younger brother engaged in a long and fierce succession struggle.

Of course, Mukesh Ambani was the final winner, but the process must have been very painful.

However, for Lin Yuan, this chaos was also his opportunity to make a profit.

Foreign investors have always been skeptical about India, a country that currently has the second largest population in the world and is expected to have the largest population in the future.

Everyone wants to enjoy the development dividends of this country, but is always caught in a dilemma and in an extremely embarrassing situation because of India's unreasonable cheating.

Maybe now is a good time?

Anyway, it won’t hurt to go and have a look.

So Lin Yuan accepted the invitation.

The date for traveling to India was set for a month later.

Before that, he had something more important to do.

Lin Yuan took out a plan and handed it to Mr. Eisen.

　Thanks to the book friend [Empty Time] for the reward
　　
　
(End of this chapter)