MTL - Heads Up Hollywood-Chapter 883 Insurance business

Head to head Hollywood 883 author Qian Duxue Full text 3418 words

The scenes in New York are simple, appetizers. In Atlanta, dinner is coming. Dunn had no time to be distracted by other things, and began to devote himself fully to the movie, not less than one routine meeting every night. At 8 o'clock that night, in the conference room of the hotel, the production team and director team of "The Avengers" gathered together to discuss the shooting plan for the day after tomorrow. This is the "T+2" mode commonly used in Hollywood. After coming up with a detailed plan, it will be sent to the entire crew after the filming is over tomorrow, so that everyone can go back to prepare at night. The shooting plan for tomorrow was decided last night. "Everyone is here, let's start." After a day of filming, Tang En was also quite tired. Seeing that everyone was here, he kept his words concise and planned to make a quick decision. Fortunately, there is a real-time preview technology. Otherwise, it will be more tiring to spend a lot of time at night to watch the shooting results during the day. "Don, wait a minute." Nina Jacobson reminded in a low voice. "Huh?" "The insurance company hasn't arrived yet." Dunn's face sank, "Late again?" Nina Jacobson was a little helpless, "Maybe I'm used to it." "Get used to their problems! Tang En was a little angry, "Which insurance company is this? We will cut off all business dealings in the future!" Everyone in the room pouted secretly. This big boss has such a big temper, he dares to fight with the insurance company! For the past two decades, insurance companies have been aloof in Hollywood. It is the biggest tool for capital to penetrate Hollywood, even more powerful than the functional attributes of banks. But then again, he is Tang En, he has this qualification! In the past Hollywood, financing methods were relatively simple, and most of them were financial methods. For example, pre-sale copyright, and then through the pre-sale mortgage contract, loan to the bank. The bank does not have a film department, and they cannot determine the true value of the mortgage contract. This requires a third-party guarantee, which is the insurance company. To put it bluntly, the insurance company, through its understanding of Hollywood, assured the bank that the film would be finished and would not die midway. The pre-sale contract must be honored, and the bank must be able to get the principal and interest back. In this process, it is the insurance company that bears the greatest risk. Once the movie goes wrong, the producer needs to pay the loan to the bank from the insurance company. And once the insurance company loses money, it will take over the producer and become the copyright owner of the film project. Then, the insurance company sells the semi-finished project to other film companies, so they can continue to complete it. This is a very complete film industry financing process. In order to ensure that the film can be completed as expected, the insurance company will send a special person to monitor the progress of the film project in real time, so that the budget cannot be exceeded. This has the advantage of preventing the crew from being suspected of harassing investors. The absurdity of tens of thousands of dollars for a prop knife and hundreds of thousands of dollars for a prop gun cannot happen. The downside is that the insurance company's intervention in the film is too much. Every budget expenditure for a movie must be signed off by the insurance company before it can be honored. If the producer and director want to shoot a shocking scene with high investment, but the insurance company thinks that the cost is too high and refuses to sign, then it must not be done! Why is Hollywood infiltrated by Wall Street? It is because of the financing guarantee system! This is called a "film completion guarantee". This is also the reason why Dunn is so favored by his peers in the Hollywood industry after he proposed "plating investment". We've had enough of insurance companies' meddling in film production. Although the investors of the platter investment company are also from Wall Street, the controllers are industry insiders. Like Legendary's Michael Ovitz. Having Michael Ovitz overseeing the production of the movie is a lot better than having an insurance company send in a random five-man layman. It can be said that once the "combination investment" is proposed, it is equivalent to cutting off most of the insurance company's financial path and the power to penetrate in Hollywood. However, it is still impossible to completely eliminate insurance companies. Like The Avengers. The film investment budget is 200 million US dollars, and there will be a reserve of about 15 million, just in case. However, this is an action movie. In action scenes, there is a great risk of injury. be insured. Rao is that Marvel Studios has introduced a series of rules to reduce trouble, such as banning core actors from any dangerous action scenes. Doomsday tricks like Tom Cruise and Jack Chen are not Marvel's way of playing. Tom Cruise's action scenes and Jack Chen's kung fu fights are the conscience of the industry in this world. Marvel's movies are different. It doesn't matter if it's true or false. The biggest selling point is the coherence of the plot and the superheroes that are imaginative. However, even if a stuntman is used, insurance is still required. It's not uncommon for people to die in action scenes. In case of an accident, even a stuntman can make Marvel Studios bleed. Insurance is an inevitable choice. Not only that, but the core actors... such as Iron Man, Ant-Man, Spider-Man, etc., if there is a headache that delays the shooting schedule, resulting in wasted costs, these are covered by insurance. Now that the insurance is insured, the insurance company will send someone to assess the risks and supervise the operation process of the film project, so as to avoid a situation where the insurance company is "framed" by the production company. It's called "The Movie's Cast Guarantee". For example, when Nicole Kidman was filming "A Beautiful Mind", she broke her knee and delayed the schedule, and the insurance company paid $3 million for it. Last year, Nicole Kidman took on the project "Enemy Robot" with Will Smith, with a production budget of $120 million! This is an action play. During filming, Nicole Kidman suffered a recurring knee injury that nearly aborted the entire project. Once this extreme phenomenon occurs, insurance companies may pay $120 million for this! Fortunately, Nicole Kidman made a comeback after being raised for half a month and insisted on finishing the movie. The insurance company paid out $15 million for it. That's the equivalent of $1 million a day. It can be seen that Hollywood hates insurance companies, but they cannot do without it. On the surface, "cass insurance" has less influence on film production than "financial insurance", but in fact, it is not small at all! In a previous life, David Fincher filmed "The Girl with the Dragon Tattoo". The insurance company thought the film was too dangerous. It involved motorcycles, snowboards, fights and abuse scenes, and most of them were filmed in foreign countries, which might hurt the actors and the risk was too high. high. In desperation, David Fincher can only modify the script. In his previous life, Robert Downey Jr. was an addict, and no insurance company was willing to insure him, resulting in him being unable to receive filming at all in a few years. Later, it was Mel Gibson, the big brother who is very loyal in the industry, who personally vouched for it and was willing to take risks, which solved the problem of Robert Downey Jr. and gave him a chance to perform again. In this life, Robert Downey Jr. naturally no longer needs Mel Gibson to come forward. However, he still paid a huge price when filming "Iron Man". 40% of his $3 million salary was handed over to the insurance company as the insurance amount. In addition to the film completion guarantee and the cast guarantee, there are also error guarantees, conventional guarantees, and so on. In short, the total output value of the film and television industry in the United States exceeds 450 billion US dollars a year, of which the insurance business can reach 20 billion US dollars. It's a very large ancillary industry related to movies. "The Fire Fund Insurance Company is the largest insurance partner in Hollywood. More than 80% of Hollywood movies are underwritten by this company, and it has enormous power." Nina Jacobson sat in Dunn's ear and whispered. "Powerful? Joke! This is Hollywood!" Dunn couldn't help sneering. In Hollywood's turf, can insurance companies still reign supreme? Simply nonsense. Cooperation between the two parties is profitable, which is naturally a good thing. However, if the insurance company dares to take over the head of the film company because of this, it will be a mistake! Redstone can be beaten by him, not to mention what fire insurance fund? Not even the Allianz Group, the parent company of Fire Fund Insurance! People from the insurance company were late for two consecutive days, which made Dunn very dissatisfied. Just when he narrowed his eyes and seemed to be making up his mind about something, the insurance company finally arrived. A man and a woman walked into the conference room talking and laughing. One is the head of the insurance company's medical team, and the other is the insurance company's out-of-control vigilance representative. "I'm sorry, we're late..." "Is an apology useful?" Don't care about that, and sternly turned back. With Tang En's current status, he doesn't need to treat the insurance company as a god-like offering like other people in Hollywood. Even if the chairman of the Allianz Group sees him, he must respect him humbly! Two low-level wage earners dare to be late for two consecutive days, who is this a shame? Do you really think of yourself as an uncle? The pair of men and women from the insurance company were stunned for a moment. They have also been working in Hollywood for more than ten years, when have they seen such a rude film director? However, the other party is Dunn Walker... "Mr. Walker, I... I'm sorry, really sorry, we were just reviewing today's..." "Okay! I don't have time to listen to your nonsense! If you want to stay, just be honest If you don't want to stay, get out as soon as possible! Hollywood is not just an insurance company like you!" "Ah? Mr. Walker..." "Okay, let's have a meeting now! Study the shooting plan for the day after tomorrow..." Dunn ignored the two A man from an insurance company whose face suddenly flushed red. Although he was rude, the arrogance and indifference of the other party deserved it. Even his mind was alive. Insurance business... really an integral part of the movie. Please remember this book's first domain name: . Nine Heavens God Emperor mobile version reading website: