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Domination in America, Starting from being a Boxing Champion-Chapter 666 - 481: The End of the Year and the Beginning of the Year
On the eve of Christmas, Link and Ivanka held their engagement ceremony on a private island in Hawaii.
Dozens of relatives and friends were invited, including the entire Thomp family, Catherine's family, Ms. Mandy's family, and friends of Link and Ivanka.
Although an engagement is not quite the same as a wedding, both Link and Ivanka are people of status, and this ceremony was more luxurious and lively than many grand wedding parties.
The costs for alcohol, yachts, wedding dresses, and other expenses surpassed three million US dollars.
After the engagement party, Link and Ivanka stayed in Hawaii for another week and returned to Los Angeles hand in hand for the New Year.
This time they moved directly into their new home in the Santa Monica Mountains, a mansion that combined luxury, classic, and modern elements.
The property spanned approximately 1.6 hectares, with the entire mountain from the peak to the road below belonging to the villa's ground.
It featured a 5,600 square meter lawn and English-style ornamental garden, a 1,200 square meter sports field, three outdoor swimming pools, and three separate villas.
The main villa had four floors, containing 18 bedrooms, 26 separate bathrooms, a private cinema with 50 seats, a training center, a library, a wine cellar, a piano room, two maid buildings, and also had the most advanced smart management system.
The villa's purchase price was just 48 million, but the costs for renovation and decoration reached 25 million US dollars, turning this property into a truly top-tier mansion.
After the New Year, Link and Ivanka started to get busy.
Link's main tasks involved attending film award ceremonies such as the Golden Globe Awards, the Grammy Awards, the Berlin Film Festival, and the Oscars.
He also had boxing work; his championship bout with IBF champion Chad Dawson was scheduled for March 3rd in Tokyo, and he needed to intensify his training before the match. Additionally, he was set to participate in two other championship challenges around May or June, and negotiations were ongoing for a match with WBO champion Nathan Cleverly.
Ivanka's work was mainly focused on Link Music and Lionsgate Films.
At the end of last year, Wiz Khalifa released his second album, and at the beginning of this year Lana Del Rey and Mars were preparing their third albums, while Ariana Grande and Charlie Puth were preparing to release their first official albums.
These were all quite significant tasks, which Ivanka needed to oversee personally.
Additionally, for Lionsgate Films, movies like "The Hunger Games," "The Evil Invasion," "The Cabin in the Woods," "Safe Haven," "Complete Pregnancy Guide," and "Crazy Black Lady's Witness Protection Plan" had finished production and were entering the scheduling phase.
In January, box office results for several films distributed by Lionsgate in the latter half of the previous year were also gradually released. "The Help" performed the best, with a North American box office of 169 million US dollars and an overseas box office of 46.93 million US dollars, for a total box office of 216 million.
According to the North American annual box office rankings, "The Help" was ranked 11th for the year.
The North American box office champion for 2011 was "Harry Potter and the Deathly Hallows" with 380 million US dollars, and a global box office of 1.34 billion, also ranking first in the global box office.
Second place went to "Transformers 3: Dark of the Moon" with 350 million in North America and 1.12 billion globally.
In third place was "Twilight Saga: Breaking Dawn Part 1" with a North American gross of 281 million and a global gross of 705 million.
Fourth was "Hangover 2" with a North American gross of 254 million and a global gross of 580 million.
Fifth was "Captain America," with a North American gross of 252 million and a global gross of 510 million.
"The Help" with a North American box office of 169 million and a global box office of 216 million, ranked 18th globally.
"Bridesmaids," with a North American box office of 142 million and a global total of 360 million, ranked 12th globally.
"Silver Linings Playbook" had a North American box office of 138 million and a global box office of 240 million, ranking 16th.
In 2011, North American theaters had a total box office revenue of 10.2 billion US dollars, a decline of 3.5% compared to 10.6 billion in 2010, mainly due to the lack of phenomenon-level films like "Avatar" and "Alice in Wonderland."
In terms of film distribution companies, Paramount Pictures led the industry with 1.94 billion, holding a total market share of 19.2%, followed by Warner Brothers with 1.68 billion, with Sony Columbia Pictures in third place.
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Lionsgate Films distributed 12 movies in 2011 and ranked seventh with a total box office of 580 million, just behind 20th Century Fox with 960 million.
The eighth spot went to Summit Entertainment with 409 million, largely due to box office hits like "Twilight Saga: Breaking Dawn Part 1," "Source Code," and "50/50."
The ninth spot was taken by Weinstein Company, which distributed 15 movies in 2011, with a total box office of 290 million.
Tenth place was occupied by Relativity Media with seven films and a total box office of 220 million.
Following the release of the box office data, Lionsgate Films saw a surge in its market prospects, with its valuation soaring from 680 million in April to 1.4 billion US dollars, including the value of Lionsgate Films itself and 11.37% of Netflix shares.
It became recognized as Hollywood's seventh-largest film company.
Meanwhile, Palm Beach Films was also valued at approximately 120 million US dollars by Wall Street thanks to four surprising movie hits, competent production skills, and certain movie rights in hand, leading to a bank loan facility reaching 200 million US dollars.
Due to the favorable development of both companies, Link's net worth successfully surpassed 4 billion US dollars at the beginning of 2012, entering the top 300 of the Forbes list of American billionaires. His exact ranking would have to wait for the publication of Forbes' new list in March or April.
Ivanka's net worth also successfully exceeded 300 million US dollars due to growth in the value of Link Music and Spotify, as well as dividends from Lionsgate Films.
Catherine and Ms. Mandy also surpassed 20 million US dollars in net worth thanks to their shares and dividends from Palm Beach Films and Palm Bay Talent Agency.
Additionally, regarding debt and personal income,
Link's fourth album yielded approximately 180 million US dollars in profits, and the annual dividends from Palm Beach Films and Palm Bay Talent amounted to 120 million US dollars.
After repaying all loans, Link Music's annual dividends amounted to 40 million US dollars, Dynasty Promotions' annual dividends were about 30 million US dollars, and Golden Shell's investment in stocks such as NVIDIA, Tesla, Spotify, Amazon, Netflix, and Wanda Cinemas yielded dividends of about 160 million US dollars.
There were also incomes from advertising, film salaries, and follow-up profit sharing from boxing in the second half of the year, amounting to about 160 million US dollars, with a significant portion coming from endorsements for Nike, CK, and Dior.
With just the year-end dividends and income from the second half of the year, he had about 700 million US dollars on hand, after repaying a personal loan of 200 million US dollars and deducting taxes, he had about 350 million US dollars left.
While the valuation of NVIDIA fluctuated around nine billion, he transferred this money into the account of Golden Shell Asset Management Company and gradually bought about 3.4% of NVIDIA shares.
Including the initial purchase of 5.3% and the subsequent purchase of 0.9%, Golden Shell Investments now held 9.6% of NVIDIA shares.
Regarding the company's debt,
the albums released by Link Music last year were a huge success, with annual profits reaching 220 million US dollars. Including a 50 million US dollar dividend from SB Project Entertainment Company and income from Link-branded headphones, T-shirts, and other accessories, the total annual revenue was nearly 300 million.
After repaying a debt of 150 million, Link, Ivanka, Scott, Graham, and their singers all received dividends exceeding tens of millions.
Lionsgate Films, after purchasing shares in Netflix, incurred a debt of 330 million. Last year, the film and TV distribution profits were about 150 million US dollars, and profits from film and TV rights were 68 million US dollars. After repaying a debt of 100 million US dollars, there was 120 million left for the first quarter's project production funds.
Currently, Lionsgate Films' debt had been reduced to 230 million. Comparing this to a market value of nearly 1.4 billion, this level of debt was quite normal.
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In January, "The Golden Lotus" had a limited release in 8 theaters in North America, earning a box office of 317,000 US dollars in the first week, averaging 5,800 US dollars per theater per day, with an occupancy rate of 62%—slightly above average. This was the kind of film that could either expand its release or end it.
After discussing with Ivanka, the second week saw "The Golden Lotus" expand to 244 theaters, with a cumulative box office of 1.54 million US dollars in the second week, which was somewhat higher than the expected 1.2 million.
The film's reputation in the North American market wasn't as good as "Snow Flower and the Secret Fan's." Its main selling point was still Link, the male lead. Many fans went to the theater specifically for Link's poster.
However, fans later left messages online, asking Link not to take on such incomprehensible foreign films anymore, as they found them too mentally taxing to watch.
The media also teased him for not knowing how to pick scripts.
They were even more convinced that the reason for the success of the films invested in by Palm Beach Films was due to Catherine and her producers' efforts, and it had nothing to do with Link. They joked that if it were up to him to choose the scripts, Palm Beach Films would have gone bankrupt long ago.
Link, upon seeing such news, paid no attention. His purpose in investing in movies was to make money, not to become a movie investment guru.
On January 16th, the 69th Golden Globe Awards ceremony took place at the Beverly Hilton Hotel. Films distributed by Lionsgate and Palm Beach Films had a total of 5 nominations.
"The Help" received five nominations for Best Drama Picture, Best Actress in a Drama, Best Supporting Actress, and Best Original Song—with two nominations in the Best Supporting Actress category.
"Moneyball" had four nominations for Best Drama Picture, Best Actor in a Drama, Best Supporting Actor, and Best Screenplay.
"Silver Linings Playbook" received four nominations, including Best Comedy Picture, Best Actress in a Comedy, Best Actor in a Comedy, and Best Screenplay.
"Bridesmaids" had two nominations for Best Comedy Movie and Best Supporting Actress in a Comedy.
"The Golden Lotus" was nominated for Best Foreign Language Film.
Link's "Midnight in Paris" received four nominations, including Best Director, Best Actor in a Drama, Best Screenplay, and Best Original Score, marking his first Golden Globe nomination for Best Actor.
During the Golden Globe Awards ceremony, Link attended with Ivanka by his side.
"The Help" ultimately won the Best Supporting Actress award, which went to African American actress Octavia Spencer, an actress under Palm Beach Films.
Jennifer Lawrence won the Best Actress in a Comedy for her outstanding performance in "Silver Linings Playbook."
Meryl Streep won the award for Best Actress in a Drama.
"Midnight in Paris" won for Best Screenplay, while George Clooney took home the Best Actor in a Drama for his role in "The Descendants."
"Moneyball" and "Bridesmaids" did not win any awards, and the Best Foreign Language Film went to the Iranian movie "A Separation."
The biggest winner of the night was "The Artist," a black-and-white silent film distributed by Weinstein Company, which out of six nominations, won three major awards for Best Musical or Comedy Picture, Best Actor in a Musical or Comedy, and Best Original Score.
Harvey was thanked twice that evening, which made him very happy. Upon encountering Link at the party, Harvey hummed, with his belly pushed out in a smug attitude.
Link shook his head and disregarded him.
This year, films distributed by Lionsgate received 16 nominations and won two awards, slightly less than Weinstein Company, but more than the six major studios. This was clearly a step forward, and there was no need to feel disappointed.
Compared to the Oscars, the Golden Globes are less prestigious and have a smaller impact on box office earnings.
The public relations department didn't put much effort into this award.
The Oscars at the end of February were the main focus, as winning an additional award could mean hundreds of thousands or even millions more at the box office. With six films, that's tens of millions in real money.
Considering this, Link felt it was necessary to talk to the Weinstein brothers about the Oscar campaign plan for "Silver Linings Playbook," something that the two parties had agreed upon before distributing the film, for which he had paid an extra 3 million US dollars.
He couldn't let them just take that money without delivering on their promise.