How China Entertainment was developed

Chapter 88 Why is it only [-]%?[-]% belong to others
So after taking a breath, Zhang Nan turned his attention to Old Luke.

I don't know what's the point of old Luke showing these contracts and data to him.

Old Luke noticed Zhang Nan's gaze, and without hiding it, he directly explained the reason why he took out these things.

"Zhang, [Men in Black], [My Best Friend's Wedding] and [The Fifth Element] are all investors from Columbia, and your total salary in these three films has reached 9600 million, of which only 1100 million has arrived and 8500 million is in Colombia."

Old Luke has already talked about this, but Zhang Nan still doesn't understand.

"You mean, Columbia will default?"

Zhang Nan was a little anxious.

He also realized that these Hollywood giants are not particular about people.

It's cruel to cheat people.

[Harry Potter] and [Spider-Man], which are box office hit series, dare to make a loss on the books.

"It's impossible to renege on a debt."

Old Luke shook his hand and explained: "The giants, that is, they are more powerful at cheating laymen on projects, but for those in the industry...they won't be too harsh."

Zhang Nan: "..." Good guy, why don't you play nonsense literature with me here?

Old Luke quickly continued to explain, "But usually when the box office of the movie is terrible, he will cheat his own people, and at most it will not pay the money, and it will not be bad, unless it goes bankrupt."

Great, stay away from MGM projects in the future, this guy will go bankrupt.

"So what you mean is that Colombia will delay paying the money?"

Old Luke added: "It's probably like this. It will probably take several years to pay slowly."

After a few years, the interest alone is not a small amount.

"So you told me this, is there a way to solve this problem?" Zhang Nan asked.

At this time, Old Luke moved the [Godzilla] film contract that Zhang Nan picked out from the coffee table to Zhang Nan, and said: "This project is also invested by Columbia, and the director Roland Emmerich is working on the project. When the project was established, I really hope that you can play the leading role."

Zhang Nan thought for a while. At this time, Zhang Nan's thinking was very fast, and he immediately reacted, and said, "You mean, use the promise of this project as a hook to ask Columbia to pay quickly."

Old Luke nodded, and said at the same time: "Anyway, you also want to join this project, so it won't be a loss if you operate it this way."

"Fine!"

Zhang Nan thought for a while, and found that it was indeed the case, so he nodded, and then asked casually, "How much can I get back by doing this?"

"Let's open it at thirty-seven!" Old Luke replied.

Hearing this ratio, Zhang Nan felt a little uncomfortable, "Only [-]%?"

Old Luke quickly explained: "Seventy percent will not come back in a short time, and about [-]% will be able to arrive in the account in a short time, and it depends on the face of the Columbia Finance Department."

As soon as Zhang Nan heard this, he immediately stood up and said loudly: "The salary I deserve, I have gone around such a big circle, wasted so much thought, and done so many operations, so I can only get it back. Thirty percent?"

Old Luke nodded in a daze, and said, "Yes."

"It depends on the face of the Columbia Finance Department?" Zhang Nan continued to ask.

Old Luke continued to nod.

"Is there still a law in Hollywood? Is there still a law?" Zhang Nan was about to laugh angrily.

Old Luke quickly persuaded: "Zhang, in North America kings and laws can be influenced by capital, but we can't handle giants."

The subtext of these words is a tactful answer to Zhang Nan's question: no.

Zhang Nan: "..."

After being silent for a while, Old Luke thought that Zhang Nan was going to compromise.

But I heard Zhang Nan say: "We still use the [Godzilla] project as the hook, but the exchange is changed. I want the right to determine the heroine and supporting actress of this project."

Old Luke thought for a while, and said: "That's no problem. This movie is the same type as "Jurassic Park". It's irrelevant. But... if the salary side doesn't do something about it, it may take a long time for Columbia to delay."

Old Luke was a little worried. Zhang Nan's income was linked to his income.

Zhang Nan said inexplicably, "Don't worry about this, I will use magic to defeat magic."

After hearing Zhang Nan's words, Old Luke was stunned, "What the hell?"

"How's the special effects company going?" Zhang Nan didn't answer directly, but asked an irrelevant question.

Old Luke was stunned for a moment, and then replied: "The stall is basically set up, but there is a relatively large gap in funds, and the equipment is only slightly equipped."

"How much money is there?" Zhang Nan asked.

Old Luke thought for a while and replied, "Probably tens of millions less!"

"Place an order! Don't procrastinate." Zhang Nan decided.

Old Luke was taken aback, and asked, "But we don't have any money!"

Zhang Nan didn't speak, but just ordered his stack of salary on the coffee table.

Old Luke didn't know why, "Colombia will argue with us about the money, and we won't pay it for the time being. We can't handle the giants."

"Colombia dares to argue with us, but does Columbia dare to argue with the bank?" Zhang Nan said.

Old Luke came to his senses, but he was still a little confused, "What do you mean?"

"These are all formal and legal contracts, can they be mortgaged in the bank?" Zhang Nan continued to explain.

At this time, Old Luke fully realized what Zhang Nan meant.

Can a legal and compliant celebrity salary contract be used as a collateral loan in a North American bank?

This kind of inquiry is even an insult to North American banks where capital is king.

The question should be asked from another angle: What kind of illegal and compliant contracts cannot be used as collateral loans in North American banks?
Yes.

In North America, many contracts, even if they are illegal and compliant, can still become bank collateral.

Of course, the prerequisite is that your illegal contract must be valuable.

After all, opening a bank in North America is the same as playing highway robbery in China.

Without any hard power, who dares to go on the road!
This is a place where the tax bureau will protect your privacy as long as you pay taxes even for reading.

Using some illegal things to borrow some money from the bank, as long as you have background and strength, it's just like playing.

Not to mention legal.

And old Luke also understood what Zhang Nan said before, what it meant to use magic to defeat magic.

Columbia may be a giant in the film and television industry, very horizontal.

But Colombia is not enough to look at in front of North American banks.

Let me give you an example.

There used to be a country that started with the letter A and used the reason of national bankruptcy to not repay the money, and the price of the debt it issued plummeted as a result.

But the banks in North America dared to buy the defaulted contract at a low price.

Then starting with the confiscation of warships, and coupled with a series of financial means, the country that begins with the word "A" was forced to bite the bullet and perform the contract.

It can be seen how strong the North American banks are.

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(End of this chapter)