Chapter 31 Long-awaited News
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In movie-watching history, people left their houses and go with their friends or families to the theaters to watch a movie.

Some movies were great and found huge success globally and went on to become the greatest, unforgettable in people's minds.

Some went bust, and no one could remember their titles at all.

There were unexpected hits and some painful losses. But through the highs and lows of movie history, one genre always remained consistent, reliably drawing audiences after audiences.

Horror movies.

For the most part, it didn't matter so much if these horror movies were good or bad. The tiny little details are also not very important for the audience.

But something about the intense experience of getting unexpectedly scared was enough to ensure people would come in droves.

Many Hollywood companies have long been banking on the business of horror films because of their relatively low budgets, which would almost always guarantee returns.

These horror movies often get away with minuscule budgets because they don't rely on special effects and advanced technologies.

Some actors also take a gamble to work for the promise of future share on profits, with little upfront salaries.

Horror movies don't need to have high revenues to become profitable, and looking at the past performance of successful horror movies tells us that you don't need a lot of money to scare people.

Many truly terrifying movies, the most successful ones, had budgets of just under a few million, a negligible sum compared to the budgets for fantasy sci-fi blockbusters or sequels of popular franchises.

Low-budget horror movies have become one of the cinematic genres with the highest profit margin. As a consequence, there are also a lot of low-quality horror films that flooded the movie market.

But this does not take away the fact that some of the lowest budgets horror films had produced some of the highest-grossing box office ever made in terms of profit ratio.

Even with less than a million budget, horror films that get released each year still enjoy enormous profit margins in most cases.

Horror films perform fairly consistently so long as the costs are controlled to the minimum and release when there's little to no competition or just around the Halloween season when the right audiences flood the theaters.

Of course, people will always have standards, so the film also needs to be good enough.

Though in most cases, when the budget is pitifully low, the final box office seems to inevitably go over the cost a lot of times, even if it's not very good.

Films like 'The Blair Witch Project' and 'Paranormal Activity' had minuscule budgets in the tens of thousands of dollars while bringing in hundreds of millions of dollars in returns.

The Blair Witch Project, under the modern found-footage genre, this microbudget $60,000 film was a $248.6 million box office success.

Having a small budget meant that the actors only ended up getting $1,000 for each day of work on the eight-day shoot.

The smart use of online webpages, which seemingly made the impression that the movie was a real thing, and was the first significant use of the Internet to market a film on such a scale.

Paranormal Activity, with a tiny budget of just $15,000, this ghost story proved once more that you don't need a large budget to achieve global success, receiving a huge $193.4 million box office.

Yes, this might be it.

But what horror movie should he start with?

David, who was only wearing beach shorts, exposing his upper body to the warm sun, took a glass of freshly squeezed orange juice at the side table and enjoyed the chilled drink.

After a few minutes, he stood up and went back inside to take a comfortable bath.

Since the company was still undergoing various improvements and a new batch of talented staff hiring, he doesn't need to hurry. He can think about it slowly.

Eating burger and fries paired with a cool soda at noon, David went back to lie on his bed while watching TV.

Sometimes, closing his eyes and rubbing his eyes with his fingers, fatigue from the previous days of sleepless nights.

This is definitely an unhealthy habit. David nodded and convinced himself. Yes, I will definitely not stay up overnight for work anymore.

...

Time is the greatest enemy of mankind. It will never stop for anyone. It will never get tired and will always keep moving forward.

In the blink of an eye, several weeks had passed, David washed his face, feeling refreshed, and wiped himself with a towel.

Looking at the handsome face in the mirror, he couldn't help but feel great. Nodding to himself, if I'm a woman, I will also like myself.

Staring at the reflection of his piercing eyes, he couldn't help but think of a wolf. His water blue eyes were shining like the eyes of the wolf. Even he himself had to admit he has a cool pair of eyes.

How many ladies are attracted simply by looking at his image? There must be countless of them.

Walking out of the bathroom naked, David got himself some clothes and put them on before walking out of his room.

During breakfast, David couldn't hide the smile on his face when looking at the newspaper on the table.

There is finally news on the company he had been waiting for.

On the report, the information about Netscape going public was published. It is just the right time to be getting this kind of amazing news.

With his Frost Pictures, David is now in dire need of cash after all the investments he had made, Yahoo, Toy Story, and acquiring a Hollywood company.

Now that Netscape is finally close to going public, they are just right on time to save him from his current predicament.

Another source of cash will be coming his way, and of course, don't mind if he can take advantage of it. He had done all the preparations just for this moment.

For now, he needs to gather more information to know the exact details of the IPO to do more preparation.

Should he borrow money? What bank does he go to? Does he have enough cash to have a huge enough profit?

Yeah, he should probably do some leverage. As long as there is a trusted bank, he can make this all possible.

For these things, he can just rely on his contacts with banks and other financial institutions, though he would still make enough preparations.

After all, he can also receive some news from these institutions. Who would know more about IPOs than these guys?

It will just make everything so much more very convenient.

For Netscape, David is already freeing time to focus his attention on this. He has been waiting for this moment since he invested in Yahoo, after all.

The specific date wasn't released. David doesn't know if it will be the same as his last life. Well, it doesn't matter. He will hear about it anyway.

Surely, they will announce it loud enough to the public.

...

On his way to the company to clear some little22q21 problems, so he doesn't need to come back for some time, David cleared his head.

In the car, David looked at the bustling Los Angeles streets in the morning.

People come and go, and cars continuously flowed, filling the roads. These people are working so hard in the morning until night, every day of the week.

Life has put pressure on people, and these people are feeling it. In a fast-paced popular city, everyone can only pretend to be strong.

Comparing his situation to his previous life, David couldn't help but be happy.

Everything is going well, and it will only get better.

 

 

 

New Chapter five times a week! (Except Tuesday and Wednesday)

 

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