With the big sale of "Despicable Me", Zhang Zhao began to make the final sprint for the listing of Starlight Pictures in China. The first step is to acquire Starlight Culture, that is, the variety entertainment music brokerage sector that Long Danni is responsible for. Although several phenomenal variety shows have been created, the domestic revenue has not been ideal. You don't have to think about it to know that this time with the opportunity of Starlight Film and Television to go public, it depends on how the shareholders of Mango TV choose, cash or shares. Anyway, looking at profits, the valuation of Starlight Culture is a big deal, no matter how they choose, it is not much different for Starlight Film and Television. If they want more shares, it's better, how to flow out of Starlight Culture, and how to come back. As for those shares that are being ceded, hehe, don't think too much about it. Whoever controls the company is in whose hands, this company is who's, and I have to agree to dividends. As for the benefits brought by the rise and fall of the stock price, it is better not to think too much, want everything, and may not get anything in the end.

After a few days of entanglement, Huaying's Han Santong finally chose to give in.

"Brother Zhou, next time this kind of thing is tactful, if you don't want to say it, let me help you, there is no need to make everyone unhappy. Gao Xiqing called Zhou Shi

"What's the matter?" Zhou Shi didn't understand what the other party was talking about

"Of course, it's Miramax's business, although Huaying is a small company in your eyes, but they have a great influence on the radio and television system and the film and television industry, and it's not worth it to have conflicts between you for a little thing. "High festivity

"Oh, I don't want to, I'm always kind to treat it as a donkey's liver and lungs, and I don't think it's worth it" Zhou Shi

"It's your own fault, either let everyone know what kind of person you are, or be with the light and dust, pay attention to strategy......" Gao Xiqing

"You have a point, I'll pay attention. "Zhou Shi

"Supposedly, your current status and status are not my turn to interject, everything you do now represents your collective, and more people are affected by your decisions. Lao Han is not bad, if you offend a villain, give it to you at a critical moment, the consequences will be very serious......" Gao Xiqing

"Okay, can't I go and apologize to Han Santong?" Zhou Shi

"It's not enough to apologize, and what Huaying does is not authentic....." Gao Xiqing, a young and vigorous person like Zhou Shi, if he really forced him to apologize, I don't know what will happen later. Besides, he won't change the terms of cooperation, what's the use of not apologizing.

Although there is a lot of uproar here, Rob Freman, the CEO of Miramax, has not come forward, and he is busy working with MGM.

There are many more who want to buy MGM, and it is not difficult to imagine that bankruptcy and restructuring are almost certain, and after so many changes of hands, it is not known how many pitfalls there are, and no one will want to take over a mess. Sony's not bad money owner has not done it, which shows that this is not only a problem of funds, or that the input and output are extremely disproportionate, so Sony will give up MGM.

Now there are a few more offers for MGM, Warner is $1.5 billion, uh, this proper out, the price is too low. There is also the $2 billion cash acquisition of Indian capital, well, although the price is a little higher, but who believes that India Ah San can play Hollywood. Then there's MGM's proposed merger with privately held Spyglass Entertainment, which wants to acquire 95 percent of the shares. It is certain that the interests of the original shareholders and creditors will be seriously damaged. The biggest threat to Miramax is Lionsgate, the seventh-largest film company in Hollywood, and Telescope Films, which is the last company in history to take over MGM. The strategy of the three companies is broadly the same, with the combined MGM company being owned by its shareholders and MGM's creditors, with the difference that Lionsgate is asking for more, wanting 45 percent of the new company's shares, and Telescope Pictures asking for less, only about 5 percent. Miramax took a median value of about 30 percent of the shares. Although Zhou Shi's ultimate goal is about 5~10%, it is also a good thing to own more shares of MGM if possible.

"We have the advantage of having our own distribution capabilities, we have the experience of successful distribution, and the requirements are lower than Lionsgate, and Telescope Pictures does not have the distribution capacity after all, which dilutes a large part of the revenue. And we have the advantage of the Chinese market, which is the fastest growing film market in the world, and I think they will consider that. Rob Freman, Telescope Films was co-founded in 1998 by Gary Barber and Roger Bienbaum, but was founded by European media conglomerates Kirsch Group and Mediaset (Italian media equipment company) as part of a five-year sales agreement with The Walt Disney Company, and is currently owned by Cybernaut Asset Management. Compared with Zhou Shi, a wealthy man, the company's ability should not be very attractive to MGM shareholders.

"But Lionsgate has Carl Icahn?" Zhou Shi

"But no one wants to see Carl, and his presence is not necessarily a good thing for Lionsgate, and it may be difficult for us to compete with Lionsgate under the same conditions, but with the conflict between their board of directors and Carl Icahn, it may not lower their demands. "Rob Freman

Carl Icahn wanted to buy Lionsgate, but the founders and leaders of Lionsgate were idealistic and did not want to be controlled by capital, and they were very resistant to barbarians like Carl. Various countermeasures made it difficult for Carl to start. For example, Galaxy Capital has become a minority shareholder of Lionsgate, owning less than one percent of the shares, but if Carl wants to buy Lionsgate, then Galaxy Capital has the right to buy Lionsgate's shares at an unrestricted discount, and in extreme cases, even Lionsgate.

In fact, Miramax is strong enough now, and it will be even stronger in the future, and several successful blockbusters shot by Lionsgate in history have been won by Miramax, including "The Hunger Games", which is at the top of the box office. However, MGM's success is not without luck, but a good team is the foundation of all success. Rob Freman's successful operation of Summit Entertainment is proof of that.

As for the matter of investing in MGM, from the current point of view, Miramax has the greatest possibility of success, but it is not until the last moment, it is difficult to say that everything is not settled without the dust settled, and it is not for nothing that someone turned the tables at the last moment. However, Miramax, who maintains a good cooperative relationship with Disney, is a good partner of MGM from any point of view, and I believe that MGM's shareholders and creditors are not all fools.

(End of chapter)