Chapter 400: Miramax
Stopping the acquisition of Lionsgate, Zhou Shi still made an appointment with Carl Icahn to chat. His identity restricts his operation, and if it were an American, Zhou Shicai would not care so much, and he might forcibly promote the merger of the two companies. Now, we can only accept reality.
"You just gave up?" said Carl Icahn
"I'm not you, and hostile takeovers are not within my consideration," Zhou Shi
"In my case, you can just watch from the sidelines. "Cal Icahn
"Sorry, there are so many options on the market that I don't think there's any need to waste too much time on this. Zhou Shi was noncommittal, and letting Carl come could only make things worse.
"Do you have other plans to buy Yahoo?" said Carl Icahn
"I think it would be nice if somebody bought Yahoo, and the shares that I bought would be acceptable. Zhou Shi looked at him with a smile, wanting to know how easy Zhou Shi's attitude towards Yahoo was, this guy entered the market too early, and his investment in Yahoo would lose money nine times out of ten. Unless Carl Icahn waits until a few years after Ali goes public and its market capitalization exceeds $500 billion, it is still possible for him to make money with Yahoo.
"You just give up, it's not in the character of your young people" Cal Icahn
"The most important thing is to know how to make trade-offs, I am here to make money, not to be angry" Zhou Shi
"That's a pity!" said Cal Icahn
"It's not a pity at all, what do you think of MGM?" Zhou Shi
"MGM? "Cal Icahn
"Really, you're not interested, then I'm interested. "Zhou Shi
"You, such a mess. "Cal Icahn
"It's my chance to let him rot more thoroughly. "Zhou Shi
"Well, I'm looking forward to your great performance. "Cal Icahn
After chatting for a while, Zhou Shi felt that Karl Icahn was not energetic, so he left. This time, it seems that nothing has been discussed, and no cooperation has been reached. MGM's mess is so complicated that after changing hands a few times, only the devil knows how many problems there are. If MGM didn't go bankrupt, Zhou Shi would never get involved, and so many people on Wall Street couldn't handle it, and he wouldn't challenge it.
In recent years, MGM has been working hard to restructure its assets. In May last year, MGM hired investment firm Moelis & Co. Helped resolve debt issues with approximately 140 creditors. MGM, which already has a debt of $3.5 billion, will need more than $150 million to maintain operations even if the majority of shareholders agree to extend the debt. Perhaps they are still struggling and have not yet opened bankruptcy negotiations with creditors. However, Zhou Shi knew from the devil that they had a commercial real estate project that had not been developed so far, and it was obviously a financial problem. In March 2005, through land bidding, Yanjing Tianhong Group obtained the 2A plot of Changfeng Ecological Business District in the magic capital. With a total construction area of 290,000 square meters, Tianhong Group plans to develop office buildings, shopping malls, five-star hotels and large-scale indoor entertainment projects, with an investment of 3 billion yuan in the entire project, and after completion, there will be a total area of 1.4 million square meters of office buildings, hotels, conference centers and residences. MGM invested 1.2 billion soft girl coins for this purpose.
"You said that we should take over this project and let Marvel's superheroes log in to Huaxia?" Zhou Shi learned that the magic capital "MGM World" was in trouble, so he thought about waste utilization, maybe he could also open up a new market for Marvel.
"You should go to Palmat for this, I'm the CEO of Pictures, not the CEO of Marvel. "Kevin Feige
"Hey, their older generation's thinking is too old-fashioned to communicate," Zhou Shi said
Kevin Feige knew that Zhou Shi's idea of buying Lionsgate was in vain, and he was very unhappy, he also thought that Lionsgate was a good company, and it was a pity to miss it, and now it is a pity that it ended before it began.
"Why don't we buy Miramax!" Kevin Feige did a lot of homework
Founded by the Weinstein brothers in the '70s, Miramax Film has achieved remarkable success in the independent film industry, being acquired by Disney in 1993 and winning 15 Oscar nominations for Best Film in their more than a decade of cooperation, including "Shakespeare in Love", "The English Patient" and "Chicago". The domestic "Shaolin Football" and "Hero" are also released in the United States by them.
"Will Disney sell it?" Zhou Shi listened to Kevin Feige's introduction
In 2005, the Winster brothers' contract with Disney expired, and they left Miramax, and many of the company's top executives left. "Kevin Feige
"What's going on?" Zhou Shi asked puzzled, since they were developing very well, why did they break up.
It was due to the disagreement between the two sides that the previous president of Disney, Michael Eisner, wanted Miramax to keep making small- and medium-budget films, but the Winstein brothers were not reconciled and later missed the huge success of "The Lord of the Rings". "Kevin Feige, as a person with ideals and ambitions, where does he not want his company to develop and grow, and he has more rights and resources in his hands, Disney restricts the development of the company, which is to limit the development of the Winstein brothers, and the global box office of "The Lord of the Rings" is billions of dollars, and the subsequent copyright income will not be less than the box office.
"Why should we buy him?" Zhou Shi
"Their distribution capabilities, their professionalism, and their library of more than 700 classic films. "Kevin Feige
"Then we will negotiate with Disney to acquire Miramax?" Zhou Shi
"Hmm!" Kevin Feige
Acquisition, anti-takeover, I didn't expect him to play this hand, and I don't know if Egger will be stunned, and whether Zhou Shi's public opinion environment in the United States in the future will be affected by this.
Commercial real estate, cultural tourism, Marvel Universe, Zhou Shi kept thinking about the connection between these words, and the magic capital took the initiative to ask the Four Elephants Fund (Magic Securities) to intervene in the "MGM World" project, which opened up his imagination space, maybe Marvel's independent development may really be better. Domestic commercial real estate is in the ascendant, and it is the time when there is a lot to do. If Marvel's superheroes can be involved and the two sides develop together, they may be able to create a business classic.
Finding Parmat again, Zhou Shi put the new idea and elaborated it carefully with him.
"In the financial crisis, only Huaxia was spared, and the maturity of commercial real estate and cultural tourism and entertainment projects there is still not as good as that of the United States, and it is in the process of rapid development, and we can get the greatest development there when we go to Huaxia. When we have enough strength, we can also develop our own amusement park. But if acquired by Disney, our superheroes will have to huddle at Disneyland, and all the development is due to Disney, including the Marvel Universe. "Zhou Shi
"If you have to, then I agree. After ten minutes, Palmat finally nodded slowly.
(End of chapter)