August 1st.
On this day, Kyle successfully took a day off for himself.
Even so, Kyle couldn't relax.
"Boss, this is the first half-year business report of Golden Dawn Entertainment Group, and there are several documents that require your signature for implementation."
Alexander, the Director of the Golden Dawn Entertainment Group's President's Office and Chief Assistant to the Chairman, arrived at Kyle's villa early in the morning.
"Oh! NO~!"
Kyle slapped his forehead in despair and immediately slumped into the sofa.
"My precious holiday, ruined by you, Alexander," Kyle complained bitterly.
Alexander chuckled, "Boss, you should understand that entrepreneurs don't have real vacations!"
What could Kyle do?
He was desperate!
His career had grown to such a height today that this behemoth of a company was no longer something Kyle could stop at will. Thousands of employees across the entire Golden Dawn Entertainment Group relied on Kyle for their livelihoods, and they would never allow the company to stagnate. Even if Kyle didn't want to move, others would push him forward.
"Alright, alright, I'll go all out, damn it~!"
Kyle reluctantly took the thick stack of documents and began to read them.
First to catch his eye were the business reports of the various subsidiaries of Golden Dawn Entertainment Group for the first half of the year.
Page Pictures:
As an important component of Golden Dawn Entertainment Group, it occupies a crucial position within the group.
From early January to the end of July this year, a period of nearly 8 months.
Page Pictures successively produced and distributed three films: "My Big Fat Greek Wedding," "300," and "The Blair Witch Project"; of course, it also undertook the distribution of films from other film companies, totaling 7 films.
"My Big Fat Greek Wedding": Achieved a North American box office of $259 million, and an overseas box office of $138 million.
The cumulative global box office reached $397 million;
Furthermore, the film broke the North American romantic comedy box office record in one fell swoop.
"300": Achieved a North American box office of $210 million; the overseas market box office was even more substantial, already reaching $207 million.
Cumulative global box office: $417 million.
Currently, a small number of North American theaters are still showing the film for an extended run, and it is expected to generate several more million dollars in box office revenue.
"Boss, with the box office revenue of just these two films, our first-half performance is already higher than that of top-tier second-line DreamWorks," Alexander said with a smile.
"Of course, if we add the revenue from 'The Blair Witch Project,' even compared to the Big Six, we're not far behind."
Kyle nodded.
He then opened the revenue report for "The Blair Witch Project."
As of June 30th, "The Blair Witch Project" had already grossed $140 million at the North American box office, and $56 million overseas, with a total global box office approaching $200 million.
The lowest-budget film in history, made for $60,000, truly astonished many people.
"The domestic and international theatrical revenue from just these three films amounted to $430 million."
As for the other 7 films, they were produced by other film companies and distributed by Page Pictures, which took a 9% to 15% share of the North American box office revenue.
Overall, it also generated a considerable profit.
A profit of tens of millions of dollars.
Although this profit figure is insignificant compared to the profits of the Big Six distributors, it represents a 42% increase compared to Page Pictures' distribution profit in the same period last year.
This is progress.
Page Pictures' revenue from the offline market also increased significantly compared to the same period last year.
The DVD and video tape market, as well as peripheral games, apparel, portrait rights, dolls, books, and other areas, all generated substantial profits.
In the box office market, after deducting various film production costs, promotional and distribution expenses, theatrical splits, material costs such as prints, taxes, and other expenses, Page Pictures' cumulative net profit for the first half of this year was $240 million.
Of course, if peripheral profits and copyright operations are added, the overall net profit will exceed $320 million.
"Boss, this $320 million is the result after pure profit. Compared to the second half of this year, the company will no longer worry about a lack of cash," Alexander said with a smile.
"Hehe!"
Kyle pouted, "It's too early to talk about these things. You know how greedy the theater chains are; if they don't drag it out for a few months, can we expect all the profits to be accounted for? It would be good if we even get the second or third batch of box office splits."
Alexander: "..."
Well, Kyle was gloating now, purely taking advantage and then playing coy.
The film market is indeed profitable, but as Kyle said, film is a high-risk, high-return investment with a long return cycle.
If Kyle hadn't had a cheat, Page Pictures wouldn't have had such high revenue in the first half of this year.
In the first half of this year, Page Pictures indeed showed its might.
"This is just the beginning?"
"I'm waiting for 'Finding Nemo' to be released. Once it's released, even if it can't break Pixar and DreamWorks' monopoly on 3D computer animation, it will definitely allow Waterworld Animation to secure a foothold in the animation field."
In addition to Page Pictures' strong performance, the other subsidiaries of Golden Dawn Entertainment Group also performed outstandingly.
The Television Group, Golden Dawn Music, Waterworld Animation, SpongeBob's House, Golden Dawn Publishing, Under Armour Sports Goods Company, and Manchester City Club all saw a corresponding increase in their overall revenue compared to the same period last year.
Especially the Television Group, whose performance was incredibly impressive!
It operates UPN, ranked 3rd in the US in the limited paid television sector, and The WB, ranked 8th in the US in the public television sector.
With the popularity of TV series such as "Prison Break," "The Walking Dead," "The Big Bang Theory," and "2 Broke Girls";
The popularity of variety shows such as "America's Got Talent," "Who Wants to Be a Millionaire," "WWE Raw," and "I'm a Celebrity...";
Coupled with strong support from Page Pictures' library of nearly 3,000 films, it attracted a large audience.
With numerous accolades, Golden Dawn Television Group's turnover for the first half of this year broke through $3.2 billion, with profits reaching $510 million.
This performance ranks 7th in the American television industry, trailing only ABC, FOX, NBC, CBS, Paramount Online, and Comcast.
This achievement is truly impressive, considering that the other six television groups all have decades of historical heritage, have been cultivating the market for a long time, and have extremely wide coverage.
Golden Dawn Television Group's scale still has a considerable gap compared to them.
But even so, Kyle's title of "Little Emperor of Television" was thoroughly recognized!
...August 3rd.
One day before the premiere of "Finding Nemo" and three days before its official nationwide release, Kyle arrived at McAfee.
McAfee (antivirus) will officially hold its third voting meeting for its Series B expansion today.
Kyle gladly attended and considered increasing his shareholding.