Director’s Legend

Epix TV is a paid movie channel for North America and Canada. It has achieved a good number of users with its unique ratings positioning. This is mainly due to the large film resources of Lions Gate Pictures, Paramount Pictures and MGM Films. With this share sale, Paramount's film library contract was signed again for five years.

In other words, within the next five years, four film companies will provide resources for Epix, and occasionally some Chinese films will be released for the old Americans to adjust their tastes.

Of course, this news did not cause a sensation. There are hundreds of TV stations in the United States, and Epix is ​​just one of them that is not very good. For Summit Entertainment to be promoted to a major studio, its own TV station is also indispensable, and the acquisition plan is not as expected.

April is still the off-season for movies, "The Weakness" continues to be released, and it has already grossed 250 million US dollars worldwide. "Red Flame Battlefield 2" has performed generally, and it has also received a box office of 40 million US dollars so far. The DreamWorks acquisition is still under review, and the filming of "The Avengers" is in full swing.

At this time, a personnel change was also quietly happening.

Jon Filheimer, CEO of Lionsgate Films, resigned from Lionsgate Films and joined Summit Entertainment as the Deputy General Manager of Summit Entertainment. The outside world does not know about this, but in fact, Philheimer is responsible for helping Summit Entertainment acquire Lionsgate Films.

May is approaching, and Carl Icahn is about to launch an attack on Sony. He has sold his shares to Shao Shuaijun a few days ago. Regardless of whether or not Sony is ultimately hooked, this deal is a worthy topic of payment to Summit Entertainment. Shao Shuaijun holds 29.7% of the shares. Summit Entertainment owns 22.4%, which adds up to 52.1% of the shares, and has successively acquired 3.2% of the shares in the stock market, which can completely dominate the decision-making of Lionsgate Pictures.

Jon Filheimer was the man who made the smooth transition from Lionsgate to Summit Entertainment.

At the end of April, another announcement was made.

Summit Entertainment bought Netflix for $650 million.

flix is ​​an online movie rental provider that offers a huge collection of dvds and allows customers to quickly and easily pick movies and deliver them for free. It also provides Internet on-demand streaming media in the United States and Canada. The flix company is not a big company, and the profit is not much. Summit Entertainment bought the company. It is to expand their sales channels.

As we all know, box office and DVDs have always been the two pillars of film revenue. Summit Entertainment's box office has always been good, but DVDs are lackluster. The acquisitions of Lionsgate and flix are all for the dvd sales channel. At the same time, flix will also supplement the paid online video of Summit Video. Expand Summit Entertainment's business scope on the Internet.

Relying on genuine channels. flix will overtake apple. It has become the number one online movie revenue in the United States, and if time video is added, it will be the number one in the world. Cinema and Internet of the future. They are the two trump card channels for movie broadcasting, and Dream Chasing Entertainment is laying out...

On April 28, 2011, the fourth film "Thor" of the Marvel Cinematic Universe project began to be screened in 7,250 regions in 56 countries overseas in North America. This is also a evasion made for the sake of schedule. After all, "Fast and Furious 5" will be released in North America this week, and it is necessary to postpone it by a week in North America.

However, the effect of overseas preemptive release is very good. Played for 5 days in 500 theaters in the United Kingdom and Ireland, and earned $9 million in box office; 579 theaters in France, $8.1 million in box office; $5.7 million in 513 theaters in South Korea; $5.5 million in 455 theaters in Italy; 377 theaters in Spain With a box office of 5 million US dollars, European countries have made a good start.

At the same time, "Thor" also grabbed the top box office in some smaller markets, such as Singapore, the Philippines, Vietnam and so on. By May 1st, "Thor" had already earned a perfect box office of 83 million US dollars overseas.

From May 6th to 8th, it will be released in North America.

It was screened in 3,955 theaters, and it grossed 66 million US dollars in three days on the weekend, successfully becoming the top box office champion. So far, the global box office has accumulated to 220 million US dollars. Although it is not as strong as "Iron Man 2", it is still a good performance. Under the cover of the box office, a silent battle is being fought.

The capital of the financial market, led by Carl Icahn's two major hedge funds, began to attack Sony Corporation, frenzied hostile acquisitions. Sony's already not-so-good stock market was hit by storms. Sony held an emergency shareholders meeting and notified Summit Entertainment, requesting to draw funds from MGM to deal with it.

To this, Mitchell said simply: "No!"

"Carl Icahn, the corporate predator, the lone wolf of Wall Street, has finally targeted Sony Corporation! Overseas hot money is madly attacking Sony stock, which may trigger the biggest stock market shock since the subprime mortgage crisis!"

Carl Icahn, a name that scares Wall Street CEOs, became famous in the hostile takeover of Trans World Airlines. What he is best at is to acquire listed companies, then change a group of leaders, stimulate performance, and then cash out. There were rumors that Icahn had already set his sights on Warner Bros., but suddenly turned around and rejoined the MGM battle.

It has to be said that a predator is a predator, as soon as he strikes, blood seals his throat.

Sony's stock plummeted, and most of the funds evaporated immediately.

Several important leaders have repeatedly appeared on TV to declare the company's financial health, and this capital will not succeed! As a big company, a big enterprise that has been in the air for decades, the shareholders immediately gained confidence when they came forward.

And at this time, it was time for Peak Entertainment to enter the stage.

After Mitchell said no, he continued to trap Sony's funds on the grounds of fear of risks, and then accelerated MGM's restructuring plan, making Sony unable to keep up. Sony President and President Ryoji Nakabachi personally flew to San Francisco, which is another filming location of "The Avengers" and the new home of Shao Shuaijun and Li Xiuxiu.

"President Zhongba. It is a pity that Summit Entertainment has held a board meeting. We cannot delay the plan and backtrack without authorization. This is not in the interests of our shareholders. We deeply regret what happened to Sony. Carl Icahn is a danger. character, we don't want to offend him." Li Xiuxiu politely declined Nakabachi's request with a look of embarrassment.

"President Li and Director Shao must help. Sony is willing to make concessions in the cooperation and take Summit Entertainment as the leader." Ryoji Nakabachi said leisurely, leisurely.

Li Xiuxiu still shook her head: "This is not in the interests of chasing dreams. We are a new company. The ability to resist risks is too low, and the MGM plan has been aborted. It will have a huge impact on us. I'm sorry."

"You have already acquired Lucasfilm and DreamWorks. Still care about the risk of MGM?" Ryoji Nakabachi was a little anxious.

No matter what he says. Li Xiuxiu just shook her head. Shao Shuaijun sat on the sidelines, revising his script, without any intention of intervening.

"Dream Chasing Entertainment is the most unwilling. Carl Icahn. Would you like to offend our Sony company?" Seeing that the request had no effect, Nakabachi began to have a threatening tone in his tone.

Before Li Xiuxiu could speak, Shao Shuaijun suddenly raised his head: "I'm really not afraid. Dream Chasing Entertainment can earn 20 billion US dollars a year. If it's financing, at least it can raise hundreds of billions of dollars. There's really nothing we should be afraid of!"

"But you are afraid that MGM plans to take risks!" Ryoji Nakabachi knew that his tone just now was not good, so he slowed down his tone again.

"Because we are businessmen, we only make money and don't lose money. We will not touch any business that may lose money!"

Words are not speculative.

In the end, Ryoji Nakabachi could only get up angrily and leave: "Director Shao, Mr. Li, Sony can exist for a hundred years and has never fallen, and it will be the same this time!"

Looking at the back of Ryoji Nakabachi leaving in a hurry, Shao Shuaijun rolled his eyes: "I can still talk a lot, to support the scene! You don't care about me, I only want MGM's film library and Spider-Man!"

"Ryoji Nakabachi will come to ask for it, the Japanese are the best at stalking, just watch." Li Xiuxiu said.

"If he comes back in the future, he won't be allowed in! If you don't return Spider-Man, you'll have to shiver. I hate the Japanese the most." Shao Shuaijun said in an angry tone.

Financial people pay attention to Icahn's attack on Sony, ordinary people pay attention to the box office of "Thor", and life goes on as usual.

From May 13th to 15th, "Thor" topped the North American box office with US$34.5 million. So far, it has accumulated US$120 million in North America and US$290 million in global box office. Another film, "Red Flame Battlefield 2", has quickly ended its release, with US$50 million in North America and US$120 million worldwide, and the results are very sloppy. "The Weakness" is still in theaters, but such high-reputation literary films have a particularly long release period, currently worth 288 million dollars worldwide.

From May 20th to 22nd, "Pirates of the Caribbean 4: On Stormy Tides" was released, stealing the championship from "Thor". From May 27th to 29th, "Kung Fu Panda 2" produced by DreamWorks Animation was handed over to Summit Entertainment for distribution. Although the review of the DreamWorks acquisition has not yet come down, the cooperation has already begun.

"Kung Fu Panda 2" had a good opening result, with 53.6 million US dollars. It beat "Pirates of the Caribbean 4: On Stormy Tides" and won the weekly championship. Overseas results are even better, with 69 million US dollars in a week, and 130 million US dollars worldwide.

Seeing that June is approaching, Summit Entertainment will succeed "Teddy Bear" and "The Hangover" and continue this year's comedy brand "Magic Mike", which will be released nationwide soon.

At this time, the review of the DreamWorks acquisition case finally passed. Summit Entertainment acquired DreamWorks Animation for $2 billion. This well-branded animation film company that has lasted for more than ten years has finally become a board map of Chasing Dream Entertainment.

On the other hand, through the behind-the-scenes promotion of Jon Filheimer, Summit Entertainment successively acquired the shares of several shareholders, successfully merging Lionsgate Films into Summit Entertainment's subsidiary. Jon Filheimer, who promoted the acquisition, also received the shares donated by Shao Shuaijun, became a major shareholder of Lionsgate Films, and joined the top executives of Dream Chasing Entertainment Group.

With the exception of MGM, Summit Entertainment has completed all of its expansion tasks this year, and the remaining time can be slowly digested to integrate these companies into the Chasing Dream Entertainment Group organically and harmoniously. (to be continued..)