Chu Yu was taking care of her child when she suddenly received a call from Zhong Buyi.
"Are you busy? I heard some news that I can't wait to share with you."
Chu Yu walked outside the door and said, "Tell me, it's convenient for me to talk now."
"Didn't you always want to acquire a Hollywood company? I've heard some inside information: the owner of Blue Sky Studios, a famous Hollywood company, was arrested for sexual harassment. After the scandal was made public, the company was on the verge of bankruptcy, and many companies wanted to take advantage of the situation to lower their prices and acquire Blue Sky Studios."
Blue Sky Studios is a renowned Hollywood studio that has produced many famous films and is also skilled in animation. Last year, with two animated films, it briefly entered the top five in Hollywood.
Unfortunately, many Hollywood studios have been acquired by capital from around the world, and many well-known companies have changed hands multiple times. Take the famous Universal Pictures for example; this globally renowned company has changed hands nine times.
Chu Yu has never been able to get a ticket to Hollywood.
Blue Sky Studio is a great opportunity.
"Okay, I'll send someone to negotiate. If that doesn't work, we'll offer a higher price and make sure we buy Blue Sky Studio."
Chu Yuhua wanted to buy this studio no matter the cost.
After all, she had always wanted to enter Hollywood and had even filmed several Hollywood blockbusters, but she had never obtained membership in the American Film Institute. Without this membership, Wallace could not be considered to have entered Hollywood.
Hua Lai's team immediately bought plane tickets and went to Hollywood.
After a month of negotiations, Chu Yu finally understood the company's situation. Blue Sky Studio had a movie about toys, which was Blue Sky Studio's most important project in the past two years.
If Blue Sky Studios' project succeeds, its rival Dreamworld Studios' space for survival will be squeezed. In Hollywood, there are fundamental conflicts of interest between these studios and companies. Dreamworld never gave up the competition until they found something to hold against the owner of Blue Sky Studios.
They quickly released information about the scandal involving the owner of Blue Sky Studio, who was imprisoned, and the studio's projects came to a standstill.
Many investors are interested in the project, but given the boss's scandals, they all feel the risk is too great.
Looking at the toy movie, Chu Yu felt inexplicably that the world was so wonderful. This was her favorite animated film from her previous life. How could she let this movie be stopped?
How much funding do they need?
“They said they wanted twenty million US dollars,” Zhong Buyi said.
"Is 20 million US dollars enough?" Chu Yu calculated that 20 million US dollars was not enough to make this movie well; at least 35 million US dollars would be needed. However, Blue Sky Studios had lowered the amount in order to secure funding as soon as possible, fearing that no boss would agree.
"It's definitely not enough. I've calculated it, and it will require between 35 and 40 million US dollars. Chu Yu, Blue Sky Studio has very advanced technology. Their studio is divided into three parts: development, output, and maintenance. All three departments have very advanced technology. If Hua Lai can really get shares in Blue Sky Studio, our position will definitely be consolidated."
Chu Yu nodded. “Tell them I will give them forty million US dollars to support them in completing this project. There’s no need to cut corners or skimp on the technology. Forty million US dollars is enough to develop this movie.”
Zhong Buyi was very excited. As a well-known director, he now has a net worth of tens of millions.
But he was still very excited. He wanted to be like Chu Yu, able to take out 40 million US dollars whenever he wanted.
"Chu Yu, your decision is definitely the right one. We, including the entire Chinese film industry, have no say in Hollywood. But things will be different from now on. By taking over Blue Sky Studios, we've got our ticket to the game, and sooner or later we'll become members of the American Film Institute."
Chu Yu nodded. "Not long ago, I was thinking about Hualai's future direction. You know, Hualai's box office revenue accounts for too large a proportion of its business. If the film market weakens in the future, Hualai's stock price will be compressed. It's a double-edged sword. I hope to reduce the proportion of box office revenue so that Hualai can have more stable development."
"You're right, but haven't you been in the videotape business all along?"
"Yes, our Jurassic Park Parts 1 and 2 videotape sold over 3.5 million copies worldwide. Throughout the 1990s, we at Hualai made nearly 100 million US dollars selling videotapes. But computers will develop rapidly in the future, and videotapes will become obsolete. Zhong Buyi, we don't have enough copyrights, and Hualai isn't diversified enough."
Zhong Buyi paused for a moment, then understood Chu Yu's implication: "You mean, we're going to make a movie on a computer?"
Zhong Buyi knew that computers could be used to watch movies, and that there were many pirate websites in China, but the existence of Hua Lai would certainly prevent these pirate websites from having any space.
"I want to create a website to put our Hualai movies and other copyrighted movies on it. In the future, we want to create a video website and acquire movie copyrights globally."
Zhong Buyi was shocked by her ambition.
He laughed, "You, you really are something else, you're always in front. But I believe you can do it."
Chu Yu invested $40 million in Blue Sky Studios, marking the first time Chinese capital had entered Hollywood.
On the day of the acquisition, the people from Blue Sky Studio came out to greet Chu Yu. When they saw this young Chinese boss, they could hardly believe their eyes.
She was very young, with fair skin and not a single wrinkle. She had a unique charm when she looked at people. Judging from her age, she was probably no more than twenty years old. How could someone so young acquire Blue Sky Studio?
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