238 Chapter 238 Film Company (seeking subscription recommendation) (1/2)
The founder of Rodrian Films is called David Rodrian White. He is of Mexican descent, but he has never been to Mexico, even if it is next door.
He had only read high school, because the family situation was not so good, and his brothers and sisters were mostly supported by social welfare.Among the six siblings, he ranked third.
After entering society, people are willing to work hard.
Maybe it's because I'm used to living a poor life, and I'm working hard.
First, I started working hard, and then I went to auto repair. After slowly accumulating some experience, I started my own small auto repair factory in partnership with others.
It is said that the United States is a country of automobiles, which is true, but it is not true to say how much money can be made by opening a car repair shop.
He didn't make much money anyway, but he was still a middle class.
The career has never improved, and I am hanging up and down.
Occasionally, he saw the ”Titanic” news in the newspaper. That year was the end of 1997, and the movie industry staged a ”big ship” miracle.
In 1998, he ran from Chicago to Los Angeles, and then inexplicably crossed the border, preparing a film and television production company called Rodrian.
He doesn't have much culture and doesn't understand the film industry at all, but it does not prevent him from thinking that making movies can make a lot of money.
So at the beginning, he touched many walls. He didn't know that after the movie was made, there would be cases where the theater would not show it, and he didn't know what distribution channels were.
But he is very resilient, so try to know if he doesn't know.
He led people to contact various theaters, but failed, and turned to contact the video tape market next, slowly, as if he succeeded.
His movies have a chance to make money.
In the first year, he made 130,000, but because of the company's internal personnel operations, he lost 50,000.
In the second year, there was finally a profit, not much, only 200,000.But let him see the light.
In the third, fourth, and fifth years that followed, his film career gradually improved.
He also felt that he had accumulated enough experience, so he was eager to make a theater movie.
This time, he took out most of his belongings, a full 1.5 million for filming.
It's a pity, like raindrops sinking into the sea, there was no sound after the screening.
A week later, the theater representative notified them to release the movie.
In the end, this highly anticipated movie only received a box office of 500,000 yuan, which was a heavy loss compared to the cost.
This defeat seems to have taken away David Rodrian White's movie dream, or that his movie dream should have been awakened long ago.
Frustrated, selling the company was his only plan.
He doesn't want to stick to it anymore, he is 45 years old and he is no longer young.
So, as long as the price is right, it doesn't matter if the film company gives it to anyone, he just wants to leave the scene quickly.
Johnson came into contact with him under such circumstances, and the two parties hit it off.
Later, Lehman found an accounting firm to start calculating the company's financial situation and assessing the value of the acquisition.
There are many things to be valued, ranging from the tables, chairs and sofas inside the film company to the film copyrights that Rodrian thinks still have some value, and business relationships related to operations.
It took three days for the accounting firm to consolidate its assets and gave the company a value of about 3 million.