hollywood entertainment mogul

On Saturday, the fourth week of its release, "Basic Instinct" exceeded the US$100 million box office mark in North America. It is the seventh movie this year after "Beauty and the Beast" to have a box office of more than US$100 million.

If no dark horse emerges this month, this movie has a great chance of entering the top ten in North America's annual box office rankings.

The movie is a hit, so it's time to celebrate.

On the second weekend after breaking 100 million, Carlock Films held a celebration reception at the Beverly Hilton Hotel, and Duca and Monica were invited to attend.

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Those attending the party mainly included several management members of Carlock Pictures, supervisors and key staff involved in film promotion and distribution, the creative staff of "Basic Instinct", and many film colleagues, including Harvey Weinstein.

When Duca and Monica entered the party, they immediately attracted the attention of many people.

First, Monica is so beautiful. She wears a white lace dress with charming curves and is very stunning. In addition, LV Pictures has gained a lot of limelight during this period and has become an industry star.

Colleagues will naturally pay attention to this future opponent or partner.

After they arrived, more than a dozen fellow filmmakers came over to chat. Duca didn't say much and left these topics to Monica to handle.

Monica has been working in the company for more than a year and is no longer a novice in the industry. She is more professional than him in this aspect.

"Duka, let's talk!"

Harvey Weinstein came over and said.

"Harvey, why are you here?"

Duca asked while holding the wine glass.

"Haha, believe me, it wouldn't be strange for me to appear at any party in Hollywood. This is my ability."

Harvey laughed with his belly puffed out.

"Yes, this is what I admire most about you. Hollywood is like your territory."

"Haha, Duka, you're not bad either. Do you remember the first time we met last year? It was also at a party. At that time, I saw how young you were. I heard that you were planning to invest in Hollywood. You know

What did I think?"

Harvey grinned.

"What do you think?"

"Haha, I was thinking, look, another ignorant playboy comes to Hollywood to give away money. How much money will this guy lose? Can he last for a year?

But what I didn't expect was that you not only persisted, but also completed three major projects and made so much money.

Hum hum, Duka, you won’t make less than me this year.”

Harvey's tone turned sour at the end.

"It can't be compared. Miramax has a big business and they are doing big projects. LV's ten projects are not as good as Miramax's one. It is more luck to have three projects this year."

"You are too humble. One is luck, two is luck, and three is ability. Duka, you are a young man. It is not good to be too humble."

"Haha, okay, my ability is indeed very good. If there is a chance, we can cooperate again."

Duca raised his glass and smiled.

"Don't wait for opportunities, don't you have opportunities now? Duca, I heard that you rejected all investments, which is not good. In the field of independent production, the most important thing is funds, channels and connections.

Only with sufficient funds can we ensure the normal operation of the company, and with channels and connections can we not be alone.

You should welcome Hollywood with a more open embrace, and then Hollywood will accept you generously. You should understand that a single tree cannot make a forest."

Harvey said meaningfully.

"Yes, you are right. I also understand this truth. It's just that the company has just been established, and many things are still being explored and learned. At this time, accepting financing and finding someone to share the risk, I am worried that I will lose the motivation to move forward.

Besides I think it's all about money, if they make me an offer I can't refuse, how could I say no? They're giving me too little and I have a big appetite."

Duca gestured with his hands and said.

He learned this from Monica. Italians can't do anything without talking.

Harvey touched the stubble on his chin, "Do you think the industry's valuation of LV Pictures is too low?"

"Of course, if I can complete three projects in a row, I can then complete the fourth and fifth projects. This is the company's soft power and intangible assets. They underestimated us too much."

Duca said confidently.

"Haha~, Duka, you really look like a young man at this time, with your eyes full of hope and fearlessness, and you are high-spirited."

Harvey sighed.

Duca took a sip of champagne and smiled without saying a word.

"Well, I originally wanted to invest in LV Pictures to deepen our cooperation, but now it seems there is no chance."

"Yes, I just said, give me an offer I can't refuse."

Duca smiled.

"How much do you think is appropriate?"

"Two options. First, my valuation of LV Pictures is 50 million. Don't rush to refute it. This year, LV Pictures produced and participated in the production of four movies, all of which were profitable.

There are also four projects next year, two big projects similar to "Instinct".

One of them is a collaboration with director Martin Scorsese. I don’t think the company’s performance next year will be worse than this year. If I continue to be successful, the 50 million valuation is not high, right?”

Duca smiled slightly.

Harvey thought for a moment and shook his head, "50 million is still too high. Soft power and intangible assets are actually based on fixed assets. If we only invest in virtual assets, I can't explain it to other investors.

What’s the second option?”

Duka pondered for a moment and smiled, "How about a share exchange? You are optimistic about me and I am optimistic about you. Why can't we form a closer alliance?"

Harvey frowned after hearing this, "How to change it? You must know that Wall Street's stock value for Miramax exceeds 160 million US dollars."

"Does this also include intangible assets?"

Duca smiled and shook his head, "Let's not make things up. 18% of LV Pictures shares will be exchanged for 5% of Miramax shares. Do you agree?"

Harvey shook his head, "You underestimate Miramax too much. You must know that Miramax has existed in the 1970s. Our film library is one of the best among independent production companies, and your Like a Virgin can only be established for one year."

Year, I think it is more appropriate to exchange 5% for your 35%."

"Haha, let's think about it again."

Duca declined the offer.

The reason why he mentioned the share exchange is because Miramax's development prospects are indeed very good. The mid-to-late 1990s and the entire 00s were Miramax's golden development period.

Compared to a company like Miramax, which has a long history of success, LV is more like a nouveau riche, making money but lacking in foundation.

Owning shares in Miramax Pictures can make up for the shortcomings of LV Pictures to a certain extent.

But the conditions proposed by Harvey were too harsh for him to accept. He would rather be a nouveau riche than work for others.

After bidding farewell to Harvey, Duca chatted with other colleagues. He benefited a lot from these people's opinions and insights.

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