Chatty Hollywood

After months of negotiations, Warner Bros. Pictures has finally reached an agreement with Charlotte-based Spectre Studios for the film and television rights to the "Harry Potter" series -

The two jointly invested money and established a joint venture company called "Hogwarts" for the development of the "Harry Potter" series of movies and related peripheral copyrights.

Among them, Warner injected real money and its strong distribution promotion and publicity capabilities, accounting for 75% of the shares;

On Charlotte's side, what is injected into the new company is the film and television rights of the already released "Harry Potter and the Philosopher's Stone", as well as the priority rights for the adaptation of subsequent series.

In addition, various shooting materials previously prepared by Spectre Studio for the "Harry Potter" series, including various special effects modeling and the "Hogwarts" castle, are also included in the new "Hogwarts" Company.

At the same time, Spectre Studio also got the job of producing post-production special effects for the subsequent "Harry Potter" series. Even the filming of the entire subsequent series has some people in charge from Spectre Studio.

Of course, now that there is a joint venture, Spectre Studios will no longer charge a separate fee to produce special effects for the "Harry Potter" series.

Their profit is their share of the joint venture's shares.

The Charlotte side, or Specter Studios, will hold 17% of the joint venture.

Not much, but not too little either—especially considering what the future of the Harry Potter franchise might hold.

As for the remaining 8%, 1.5% of it belongs to the original author J.K. Rowling.

——After all, the other party is the original author and is responsible for the screenwriting work of the entire series.

Even if Warner Bros. and Charlotte are both black-hearted capitalists, they will not abandon the chicken that lays golden eggs.

——This part of the shares is to allow Rowling to maximize her subjective initiative and to avoid some subsequent troubles.

Of course, with the share sharing, the copyright fee given to Rowling will also be reduced accordingly.

This can somewhat reduce Warner's financial burden.

——Even if Warner is rich, the family has a big business and there are many places to spend money!

It doesn't hurt to save some money.

As for the remaining 6.5%, it will be claimed by some relevant friendly partners.

Of course, the other party needs to invest real money.

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In fact, Charlotte was initially very hesitant about the plan to cooperate with Warner to establish a joint venture company "Hogwarts" to jointly develop the "Harry Potter" series.

After all, he is well aware of the various methods used by controlling parties to dilute their equity and squeeze out small shareholders——

The conditions that seem good now may be significantly reduced with a few pushes from Warner.

However, after careful consideration, he decided to accept the challenge.

Because he also has the means to check and balance Warner.

——Even if Charlotte does not direct it herself, Spectre Studio will eventually be deeply involved in the production of the entire "Harry Potter" series and implement it from beginning to end.

For both Charlotte and Warner, Rowling, the original author, is the chicken that lays the golden egg;

But for Warner, the Spectre studio in Charlotte is also the chicken that lays golden eggs;

As long as they guarantee to replace themselves, Warner will pay a heavy price, and Charlotte believes that the other side will not mess around.

Of course, there must be long-term benefits, but Charlotte will not give up the immediate benefits because of this.

——His original purpose in acquiring the rights to adapt the "Harry Potter" series was to make quick money by flipping it.

Although she has now become a shareholder through stock trading, Charlotte feels that she can still make quick money.

After all, in order to ensure its dominance, Warner has, to some extent, lowered the proportion of Spectre Studio’s shares in the joint venture.

Charlotte's request is that Warner can take the initiative if it wants, but the proportion of its shares that has been reduced needs to be converted into cash payment.

For this part, Charlotte asked for $50 million as soon as she opened her mouth.

It is almost 3/4 of the production cost of "Harry Potter and the Philosopher's Stone".

And considering that this movie has already earned more than 900 million U.S. dollars at the global box office, and is about to break the 1 billion U.S. dollar mark, it can be said that Charlotte has already made a lot of money from this series.

——If you get these 50 million US dollars now, it can be said to be a pure profit.

Of course, they charge a lot of money and then pay back the money.

Although Warner is indeed rich and has the reputation of "Kai Zihua", they still have the ability to bargain.

However, it’s not that they want to give less money, on the contrary, they are prepared to give an additional US$30 million.

But the conditions are right, and by the way, the subsequent development rights of the "Hell Detective" series will be completely redeemed from Charlotte.

——Because they were not optimistic about this series before, Warner and DC agreed to a plan to jointly develop the "Hell Detective" series with Charlotte, including subsequent sequels.

But after the box office success of "Hell Detective" starring Keanu Reeves, the executives of Warner and DC have long regretted it.

They have always wanted to redeem this series, at least redeem the complete subsequent development rights, but Charlotte has never agreed.

And this time, taking the opportunity to cooperate with Spectre Studio on the "Harry Potter" series, they wanted to solve the problem in one package.

This time, Charlotte agreed.

However, he only agreed to sell back the development rights for the follow-up series of "Hell Detective" so that Warner can develop it alone.

But he still hasn't let go of the copyright income related to the completed "Hell Detective".

Eventually, Warners compromised.

The other party agreed to the $80 million deal.

However, Warner hopes to pay only part of the funds, and the remaining part will be converted into shares of Warner Pictures.

——On the one hand, this is to reduce the pressure on working capital, and on the other hand, it is Warner's move to win over Charlotte, an emerging director.

——After all, you are a shareholder of Warner. Will the distribution of the movies you produce in the future be...

In short, "Kai Zihua" is often very cunning.

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Charlotte finally agreed.

On the one hand, becoming a shareholder of Warner will also increase his voice in Hollywood from a certain perspective.

After all, before Disney completely acquired Marvel Studios, Warner had occupied the top spot among the seven major Hollywood studios for a long time.

Strengthening cooperation with Warner is also good for Charlotte. It is actually a win-win situation.

What's more, he really doesn't need too much cash lying in his account.

——Because of the U.S. tax policy, cash that cannot be spent temporarily will only contribute to the IRS.

In fact, how to spend money effectively, or at least pretend to spend money, is one of the necessary qualities to be a rich man in the United States.

As for Charlotte, there is no need to pretend——

He does have some investment and consumption plans, and after receiving the final cash payment of more than 30 million US dollars from Warner, he will start immediately——

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