Chapter 310 Acquisition of New Lines

Hobert Harris immediately approached President Jeff Robinoff when he returned to Warner Films.

AT&T's foray into Hollywood and Warner Pictures have rivals, both of which are big things, and he has to convey both things as quickly as possible.

"What are you talking about? Someone came up with $1.2 billion plus $120 million in debt?" Jeff Robinoff frowned, thinking that the acquisition of the new line was a matter of hand, but he didn't expect it to suddenly become a side line and make waves.

"Who's competing with us?" asked Jeff Robinoff, wanting to see who had made a rash move in defiance of the unspoken rules.

"It is a company invested by Star-Lord Films, a wholly-owned subsidiary of AT&T. Hobert Harris replied.

"A wholly-owned subsidiary of AT&T? are you not mistaken?" Jeff Robinoff was a little unconvinced, AT&T was engaged in mobile communications, how could he suddenly come to engage in a film company, and they could look down on this bit of mosquito meat?

"I've confirmed it, and I can't be wrong. ”

Although Shay showed the business card to Hobert Harris, Hobert Harris still confirmed it in person after returning to the company, after all, this matter is too big, and it is not safe to confirm it in person.

"Hiss....... Jeff Robinoff took a cool breath, he felt the same thing as Shay, with a chill in his back.

"Hollywood has been getting more and more unstable lately. His brow furrowed even tighter as he spoke.

Although Hollywood used to be turbulent, it was only internal, big and small, strong and weak, but now it is from the outside, Sony came to buy Columbia, Panasonic took Universal, News Corp bought Twentieth Century Fox, Viacom is also preparing to do it to Paramount Pictures, and now AT&T has run in again.

The strength of these companies is stronger than the other, and the actions are bigger than the other, and it can be predicted that in the near future, Hollywood will definitely be attacked by these big capitals and become the backyard of these big capitals.

And why is Hollywood attracting so many big groups right now?

In fact, it is also because of interests.

In the past, Hollywood film companies were scattered and had few interests, and large groups were unwilling to spend time on integration and looked down on this money, but as time went on, powerful film companies swallowed up weak film companies, and giants gradually appeared, and their interests gradually became larger, which naturally attracted the attention of large groups.

And now four of the eight have been breached, leaving only Warner, Disney, MGM, and Paramount.

Among them, Paramount will soon be acquired by Viacom, so only Warner, Disney, and MGM are left in the Big Eight.

And Warner is backed by Time Warner Group, which is strong and unlikely to be acquired, Disney Pictures also has the backing of Walt Disney, MGM has no backer, so it acquired Luen Mei a few years ago, and wants to join forces to keep itself, but without a backer, it always belongs to soft persimmons, and sooner or later it will be taken down.

Therefore, only Warner and Disney may survive in the end, and the other six will inevitably change their surnames.

However, these are the things of tall people, and when the sky falls, these people are on top, and what Jeff Robinov has to do is to deal with the new line in front of him.

"Raising the offer of Star-Lord Films and Investments by $100 million, and also taking on the bank debt of the new line, if Star-Lord Films Investments raises the price again, we will give up, and the price will not be more than $1.4 billion. ”

Jeff Robinov gave the final offer, this price has been a premium of 30%, if it exceeds 40%, it is really not cost-effective, the new line is not a necessity for Warner Films, it is just the icing on the cake, so there is no need to fight with Star-Lord, you can't buy the new line, Warner can also buy other film companies, and the most important thing in Hollywood is the film company.

"Okay, I see. Hobert Harris nodded.

After Hobert Harris was ordered to leave, Jeff Robinoff told the head office Time Warner about AT&T's entry into Hollywood.

After deliberation, Time Warner's senior management gave Jeff Robinoff an order to unite with several other major film companies to encircle and suppress Star-Lord, in short, not to let Star-Lord become one of the Hollywood giants.

After Jeff Robinov received the order, he immediately contacted the CEOs of several major film companies, told them that the wolf was coming, and suggested that several partners hunt the wolf, and could not let the wolf grow into a Tyrannosaurus rex.

In fact, if the giants can really join forces, they will definitely be able to hunt Star-Lord, and only these giants have overseas distribution strength in Hollywood, so as long as everyone unites and does not help Star-Lord distribute films overseas, then Star-Lord's income will be at least half less, and he can only get North American income.

And several giants can also seize the number of films scheduled by Star-Lord in North American theaters, the box office of a movie not only depends on the quality, publicity, but also the number of films in the theater, the box office is naturally low if the number of films is small, and the box office is naturally low, and the box office is low, although AT&T has a big family, but it will not allow Star-Lord to lose money all the time, and after a long time, AT&T will naturally stretch his claws back.

But this method is based on the joint action of several giants, Disney, Warner, Paramount, MGM, and Twentieth Century Fox all said that there is no problem, and no one wants to watch Star-Lord become a giant to share the cake.

However, among the giants, Sony and Universal are reluctant to unite.

This embarrassed several other giants.

Sony and Universal both have the strength of overseas distribution, if Sony and Universal do not connect, then they will not be able to block Star-Lord's overseas distribution, at most it can only cause a little damage to Star-Lord in North American theaters, but this damage may not necessarily make AT&T hurt, so this alliance will end without a problem.

In the end, the bigwigs of several giants could only scold Sony and Universal in the office, showing some evil anger in their hearts.

But these bigwigs don't know the grievances of Universal and Sony, Star-Lord Film and Television Investment Company is their boss's company, they can't stammer, how can they take action against their big boss, unless they are afraid that their lives are too dull and they want to be excited as soon as possible.

Compared with the joint actions of several giants that ended in nothing, the acquisition of the new line is much more flat.

After receiving the latest instructions, Hobert Harris naturally quoted a new purchase price to New Line, $1.3 billion plus $120 million of bank debt, which equals a 30% premium.

Shay was very happy when he saw this price, and he would be happy to make an extra $100 million on anyone, but he would not agree to Warner, and now that the two companies are grabbing new lines, he still has to wait for Star-Lord's offer to make himself earn more.

His goal was achieved, the new line was the icing on the cake for Warner, but it was a necessity for Star-Lord, because Star-Lord needed a medium-strength company to gain a foothold in Hollywood, so after knowing Warner Television's offer, Star-Lord added another $100 million, pulling the purchase price to $1.4 billion, and Shay earned another $100 million.

But people's desires are sometimes endless, and Shay is not satisfied with the 40% premium, and he is still looking forward to Warner Film and Television fighting with Star-Lord a few more times, and he will earn more.

But this time his wish was disappointed, Warner didn't fight, the new line is just the icing on the cake for Warner, there is no need to buy it at a premium of 50%, there are many Hollywood studios, they can buy other companies.

And with Warner's letting go, this time the acquisition war finally came to an end, and Star-Lord became the final winner, obtaining the first film and television company, which can be regarded as laying a base in Hollywood.

Shay was the biggest winner in the takeover battle, with a 40 percent premium that earned him $1.4 billion, enough money to start another company from scratch or find a place to retire.