Director’s Legend

0352【MGM as bait】

The current market value of DreamWorks is about 4 billion US dollars. As long as the board of directors of DreamWorks agrees, the acquisition is not difficult.

The next topic discussed the acquisition of Digital Realm and Lucasfilm.

Lucasfilm is a film company founded in San Francisco in 1971 by George Lucas, the father of "Star Wars". Lucasfilm's name may not be well-known, but its subsidiary Industrial Light and Magic (ilm) is definitely famous all over the world. Industrial Light and Magic is a well-deserved leader in the special effects industry in the world. Almost all the big-budget films in the world have Industrial Light and Magic involved in post-production.

What Shao Shuaijun drew was Industrial Light \u0026 Magic.

In addition, Lucasfilm also has subsidiaries such as Skywalker Sound Effects and Lucas Arts, which are responsible for post-production sound effect synthesis and game production. Affected by the sub-prime mortgage crisis and the fierce competition in the special effects industry, Lucasfilm has been unable to make ends meet in recent years, with serious losses, and the company is already on the verge of bankruptcy.

A skinny camel is bigger than a horse, and the current market value of Lucasfilm is also around $4 billion.

Digital Realm (d2) is a special effects company founded by Cameron and his friends back then. By 2008, it had lost tens of millions of dollars. In 2009, Paramount paid for it, and Michael Bay acted as an agent to acquire d2. However, this acquisition did not revive d2, and it is still losing money year after year.

Paramount no longer wants to take in such a money-losing company. This is also the best special effects company that Summit Entertainment should acquire. Compared with ILM, which has a market value of billions, d2 is so cheap that it is less than 200 million US dollars. This still includes debt to be repaid.

Once these several acquisition plans are approved, it can be said that in 2011 Summit Entertainment will truly hit the ranks of the world's largest film companies. No more upstarts, no more independent film companies, but big studios.

...

At the end of the meeting, the management is excited to go to work. Only with goals can actions be powerful.

Shao Shuaijun, Li Xiuxiu, Mitchell, and David went to a conference room alone, and there were more important matters waiting to be discussed.

Close the door of the conference room. David Joe Cole took out a document: "This is Mr. Carl Icahn. He provided us with MGM's 2010 financial statements. From the table, it can be seen that MGM's operations are chaotic, investment is scattered, and internal The property rights structure is very complicated. According to my calculations, MGM currently has a total of about US$3 billion in liquid capital of Sony. This has killed half of Sony."

MGM, a brilliant name, is almost synonymous with Hollywood movies.

Made the greatest movie of all time, Gone with the Wind. Counting inflation, the box office of "Gone with the Wind" is even higher than that of "Avatar", and it is definitely the best box office movie in the world, bar none.

Once a movie was launched almost a week, and its logo, a lion Leo, became a symbol of the United States.

It also created the classic 007 series that has been active on the big screen for decades, and the enduring animated cartoon "Tom and Jerry", initiated the establishment of the American Academy of Motion Picture Arts and Sciences, and launched the Academy Awards!

It is such an immortal film company that was once on the verge of bankruptcy at the beginning of the new century. The US government tried various methods of tax exemptions and credits, but failed to revive it. In 2005, MGM, which was already seeking bankruptcy, was announced to be successfully acquired by Sony for US$5 billion.

Since then, the word MGM has not disappeared, but it has been removed from the ranks of major Hollywood film companies.

Five years have passed, and the excitement of Sony at the beginning has disappeared completely. The acquisition of MGM can be said to be the most failed business plan of Sony Corporation. In the eyes of financial investors on Wall Street, MGM is a tool they use to cut flesh from Sony, the biggest representative of which is the corporate predator Carl Icahn.

Wall Street has conquered the whole world, and even the U.S. government is manipulated by them. As long as there are interests, there are Wall Street financial experts. However, in the past few decades, Wall Street has repeatedly attacked Hollywood, and finally declared failure. The MGM acquisition was also a failure.

Not only did it fail to make MGM fly and cash out to make money, but it became a rotten battlefield that died with Sony. It can be said to be Carl Icahn's greatest shame.

Hollywood is a combination of art and business, and the magic of movies keeps it pure under the impact of Wall Street. Carl Icahn saw that the profit-seeking businessmen of Wall Street couldn't play, and he turned to Summit Entertainment.

To solve the mess of MGM, it has to be solved from within Hollywood.

"Icahn's intention is very simple. He will pay for us to acquire MGM and restructure, drag Sony's capital in MGM, and sink deeper. He will use Icahn's cooperation fund and arep fund to initiate Sony's impact forced Sony to completely withdraw from MGM, allowing Icahn to win the dominance of MGM."

David continued: "Sony's abandonment of MGM is equivalent to billions of dollars in vain, and these will all become money in Icahn's pocket. And Icahn will use his 29.7% stake in Lionsgate , and part of MGM’s reorganized equity, to repay us, and even, we can also obtain MGM’s huge film library resources. Moreover, if Sony wants to withdraw, we must obtain our consent. By the way, Spider-Man’s Copyright negotiations will definitely go well."

"So, you've already decided?" Shao Shuaijun casually flipped through the financial statements he couldn't understand. Coming to this meeting today means that the company has made a decision. Li Xiuxiu has already mentioned it. Shao Shuaijun just repeated the question.

Mitchell Bruce said with a smile: "Wherever we look at it, our advantages outweigh our disadvantages. As long as we don't touch the shares of Summit Entertainment, we can establish a few shell companies and perform a play. After success, we can get rich rewards." , there is nothing to lose if you fail, why not agree?"

"In principle, our senior management has agreed to this plan." David said.

Chasing Dream Entertainment Group has four management levels. Top executives, senior management, middle management and lower management. The top executives are only Li Xiuxiu, Yi Jianmei, Mitchell Bruce and Kevin Feige, and the senior management includes the heads of various important subsidiaries.

Through property rights and shares, the entire management team is connected to make confidential decisions at the highest level.

"Then, that's it. You do what you want, and I'll make my movie." Shao Shuaijun was not interested in how to fight a financial war.

The decision was made, and Carl Icahn responded quickly. Shao Shuaijun and his wife were invited the next day. Going to play golf at a golf course shows a pleasant partnership. Subsequently, Summit Entertainment held a general meeting of shareholders and formally made a decision to acquire MGM. And announced this decision on the official website.

Almost as soon as the news was announced. Hollywood was in an uproar. Film circles all over the world were in an uproar.

"Breaking news! Summit Entertainment has launched an acquisition plan for MGM, and has sent invitation letters for negotiations to MGM's major shareholders Providenc, the Screen Actors Union, Texas Pacific Group, Sony Corporation, Comcast, DLJ Commercial Bank, and Quadrangle Group .”

"This year's most dazzling independent film company, Summit Entertainment, is about to acquire the once most dazzling major film studio, MGM. Hollywood's film legend, is it going to be passed on in this way?"

"Is it blind investment or cautious analysis? Wall Street financial experts explain to you the three feasible plans of Summit Entertainment's acquisition of MGM!"

"DLJ Commercial Bank has responded to Summit Entertainment and can negotiate!"

"How did Summit Entertainment get the confidence to acquire MGM? The box office champion in 2010 was dazzled by the victory?"

"Comcast has responded to Summit Entertainment and can negotiate!"

"The failure of Summit Entertainment, the acquisition of MGM is to kill itself. Isn't Sony's lesson from the past not vigilant?"

"The annual box office has broken through the 5 billion mark. Summit Entertainment is not satisfied with the identity of an independent film company, and has begun to plan to become a large studio. According to an anonymous senior executive of Summit Entertainment, the acquisition of MGM is just one of the company's many big moves in 2011. , Summit Entertainment has enough funds now, what we need to worry about is whether we can spend it.”

"Since Marvel Comics, MGM will also be snatched by the Chinese."

There is an uproar in the media, but hidden under the surface, it is Carl Icahn's pusher. Before cooperating with Summit Entertainment, Icahn had bought major shareholders such as DLJ Commercial Bank and Comcast, and had been planning for several years. Now is the time to invite you into the urn.

Not only was the media manipulated, Shao Shuaijun also worked hard to show his face in the media. When the second filming of "The Night Watchman" was announced, some media asked about the acquisition. Shao Shuaijun said: "I am just a director, I asked the company Can you buy MGM? I am very interested in some old movies of MGM. They held a meeting and researched, and finally confirmed my problem and said that it can be acquired, so we are ready to acquire. "

Ever since the success of the remake of the "Planet of the Apes" series, Shao Shuaijun's gaze has been regarded as God's guidance. He said that MGM's old movies have potential, which immediately made many people think about Summit Entertainment's acquisition of MGM. .

It's not that MGM can't make blockbuster movies, and the glory of 007 has never been extinguished. The point is, one or two movies cannot support a big company. With Shao Shuaijun's affirmation, it represents the future of MGM. There will be many blockbuster movies, enough to bring MGM back to life.

"Shao, you're really proud of yourself. Your interview was only on TV, and the people from Sony agreed to negotiate. You know, Sony has been letting me go for two full years!" Carl Icahn called .

"Hehe, that's good." Shao Shuaijun didn't talk much. He had seen the Prism Project of the later generations, and knew that the phone calls in the United States were monitored.

The bureau has been set up, the blueprint has been drawn, and what the company should do, he can't intervene and is unwilling to intervene again. No matter how big this movie kingdom is, to him, it is just a few jumps in the number of wealth. He has laid a solid foundation for himself, and it's time to really chase his dreams.

Let people all over the world dream with him, let his movies resound all over the world!

Now, he can shoot with peace of mind. (to be continued..)

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