Hollywood Hunter

Chapter 663: 666


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Denise Entertainment Group's share price miracle on the first day of listing attracted too much media and public attention, leading to some events that should be very eye-catching. According to the first quarter financial data released during the IPO period of Denise entertainment, on the day of listing on July 1, Denise Entertainment Group's share price reached us $4.775 billion, with a total market value of US $112.8 billion and a price earnings ratio of 43 times.

The price earnings ratio of more than 40 times is very common in the US stock market at this stage.

However, most of them are small and medium-sized enterprises with high growth, such as danielis entertainment, because there is not much room for growth, and the P / E ratio is generally low, and few of them are more than 30 times.

General Electric, which has been ranked second in the market value list of Listed Companies in the United States after danilisi entertainment went public, has a recent P / E ratio of only 19 times.

Under normal circumstances, the market is too fanatical on the first day of listing, and there will be a callback in the future.

Originally, everyone thought that in the new week, due to the cooling of the market mood, the share price of dannilis entertainment would turn to fall. However, due to the unexpected success of Forrest Gump, the stock market opened on July 5. Dannilis Entertainment's share price began to rise again because of the rapid increase of market demand after suffering from a number of big selling.

In order to thoroughly consolidate the phenomenal viewing effect, Simon indicated on Friday that Amy Pascal's additional $10 million publicity budget would be launched quickly. The popularity of Forrest Gump was further spread in the media and public groups, which greatly boosted the capital market's confidence in Denise entertainment.

As a result, on the Monday when many institutions began to ship slowly when the book profit was very rich, because of the strong demand of the capital market for Denise entertainment stock, the share price of Denise entertainment did not show the expected correction on that day, but rose by 1.3% again. On that day, the closing share price was $48.375, and the market value further reached $114.3 billion .

In the following three trading days, affected by the further spread of the watching trend of Forrest Gump, the share price of Denise Entertainment Group also continued to rise.

Finally, at the close of July 8, the share price of Denise Entertainment Group has reached a high of US $50.25, the P / E ratio has further reached 45 times, and the total market value of the group has reached US $118.7 billion.

In just four trading days from Tuesday to Friday, Denise Entertainment's share price has increased by 5.2% compared with the closing on the first day of listing on July 1. For a giant enterprise with a market value of 100 billion US dollars, every percentage point increase is very rare.

On the other hand, from July 1 to July 7, the first seven days of the first week, of the three blockbuster new movies on Friday, Forrest Gump, which was originally the least favored, finally made us $53.45 million in the first week's box office, second only to Batman: the rise of the dark knight.

At the beginning of the lifting of the word-of-mouth ban, the media had different opinions on Forrest Gump. For the audience, this seemingly absurd film, however, hit the heart in many ways.

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It is not only the word of mouth effect among the general public that has been formed. With the launch of the follow-up publicity plan of danielis entertainment, many film critics have quietly changed their views and started to interpret the film from the public side.

The phenomenon level film viewing boom officially opened with the help of various aspects.

Batman: the rise of the dark knight, which ranks second in the box office list, is slightly ahead of werewolf life and death by a very small margin. In the past week, the box office dropped by 22%. In the fifth week, it continued to earn $25.14 million, with a cumulative box office of $297.67 million, and the threshold of $300 million is near.

Jack Nicholson's "werewolf life and death" finally ranked third, earning $24.91 million in the first seven days of the first week, a full $5 million less than the expected $30 million in the first week after the first day of the painting, and the great movie emperor's road of turning over was bumpy again.

Evocation, the opening work of the universe, ranked the fourth in the list, with a 27% box office drop of $17.62 million, reaching a cumulative box office of $84.16 million. So far, Denise entertainment has recovered the total production and publicity costs of up to $40 million.

No. 5 on the list is paramount's highly anticipated new film "the phantom", which took only $14.67 million at the box office in the first week of painting, better than many new films in this summer season. However, considering the production cost of 40 million US dollars, the estimated total box office of 30 million US dollars in North America is obviously an obvious box office failure.

In addition to the top five, detective Beverly 3, which got $21.96 million at the beginning of last week, started barely. The 51% drop in the next week completely dampened Paramount's expectations. In the second week, the film only received $10.72 million, with a cumulative box office of $32.72 million. It is difficult for the total box office in North America to exceed $50 million.

The box office failures of two new heavyweight films in a row have severely frustrated Paramount's ambition of taking root in Hollywood behind the scenes.

Edgar brownfmann, Jr., who took over the family business from his father and has been keen on transforming into the entertainment industry, probably realized that Hollywood is not so easy to play.In the past, after several years of struggling after buying universal from Panasonic, sigram sold it back to Vivendi group of France. Later, he was taken over by GE, merged into NBC Universal, and finally took refuge in Comcast. Universal can be said to be the largest Hollywood film company that has changed hands since the 1990s.

Now, although he will not give up because of the failure of a summer program, Simon believes that the Hollywood ambition of the sigram group can not escape the failure.

When it comes to the change of hands of Hollywood entertainment giants, it is probably stimulated by the success of danilisi Entertainment's listing that some people are interested in big Hollywood film companies again.

This company happens to be Vivendi group of France, and the other party's acquisition target is even more interesting, Disney.

You know, in history, Disney was the only big Hollywood film company that didn't change hands after the wave of mergers and acquisitions in the 1980s.

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