107 MGM in Tragedy (Chapter 3)

"Mr. Gambling King, I know that you have something to do with your arrival early in the morning, if you have something to call me directly, I can come to visit, let you come in person at such an age, how embarrassed am I." Seeing other people's behavior, Li Feng didn't want to deal with him, so he asked directly.

Li Feng knew very well that he was able to accumulate such a huge wealth so quickly, in fact, it was still the memory of his previous life.

Although the sum of the two lifetimes is 5 or 6 years, if you really want to be with such a self-made old fox who has been taught by three religions and nine streams, and has been crawling all his life, it is definitely far worse than his mind, it is better to go straight to it.

Naturally, Li Feng will not underestimate himself, but in addition to the memories of his previous life, he also came with a super plug-in, so now he has the ability to argue with anyone.

"In the past year, I have been in Los Angeles, but I can always hear John's news, whether it is from old friends or from the media, I often feel that it is really the back waves of the Yangtze River pushing the front waves, and the blue is better than the blue.

Originally, I thought that we should not have much to do with each other, but I didn't expect this unexpected trip to France to make us compete. ”

"I don't quite understand what you mean. Li Feng pretended to be confused and replied with a smile.

……

"Hehe... Okay, you little guy, okay, I'll just say it, I came to France this time for the 81% MGM shares, I didn't expect that at last night's cocktail party, the French would involve your little guy.

Let's put it this way, little one, I hope you will give up your thoughts on MGM, and naturally, you will get my friendship. The old guy put away his smile and said seriously.

"Old fellow, do you think your friendship is so valuable?" At this time, Li Feng also put away his smile, and at the same time put the knife, fork and tableware in his hand on the table, and then replied.

Seeing such a situation, the scene was suddenly silent, and neither the people around Li Feng, nor Sharon Stone, Elizabeth Hao Li, etc., dared to come out.

To be honest, this old guy's words made Li Feng really a little angry, originally Li Feng had an indifferent mind about acquiring MGM, and he didn't have such a strong will, so he just asked Barry and others to investigate.

As for whether it can be acquired, it actually depends on the actual situation, if it is cheap enough to be acquired, everyone will naturally be happy, if it is really out of Li Feng's strength, then he can only give up, after all, Li Feng does not have much money in his hands.

But now this old guy is a bit of a bully, Li Feng really moved his mind, maybe he can also participate, even if the old guy is angry.

……

"Little John, don't worry, after listening to me, the young man is still too composed.

As far as I know, your business is now in a period of rapid expansion, can you come up with so much money now, do you know how much these French guys have opened for MGM, that's 1.8 billion dollars, I don't think any fool will buy it. ”

"Old Cork, they are just calling it, and if they really take it, it will never exceed 1.5 billion, or even less, I think this should be understood, and MGM is still worth it.

As far as I know, MGM used to owe more than 1 billion in debt, and now these French people may be thinking of selling more than 1 billion to pay off their debts.

Speaking of which, MGM is really thanks to you for the way it looks today. Listening to Li Feng's words, the old guy was embarrassed.

Everyone knows that MGM was indeed tossed by this gambling king, and the originally good Hollywood giant has been in decline since it was acquired by this gambling king until it is now on the verge of bankruptcy, which is embarrassing.

……

Since he has a heart for MGM, Li Feng asked people to collect MGM's information last night, and at a glance, he really admires this gambling king, and MGM can be said to have been tossed to death by him.

In 70 years, MGM was pocketed by the gambling king for the first time, but the gambling king was not interested in movies at all, but he was more interested in the real estate and assets under MGM's name.

Since taking MGM into his pocket, he first packaged and sold the distribution network that MGM had accumulated over the decades and faced the world, and then handed over the distribution of his film company to Luen Mei.

At the same time, the 15 film projects prepared by MGM were cut, and MGM was changed from a Hollywood giant to a second-rate Hollywood production company that only had a production department left, and it was also a second-rate Hollywood production company that could only produce some small productions, and many people even changed the title of the original 'Hollywood 7' electronic music company to '6 big'.

Later, the entertainment hotel group under his name was renamed "MGM" Hotel, and even directly said that MGM will be a hotel company in the future, and naturally his so-called hotel is naturally the gaming industry and gaming hotel in Las Vegas.

……

With the recovery of movies in the late 70s and 80s, the tycoon found that movies were still profitable, and immediately wanted to develop in the film industry, but unfortunately due to the previous toss, such as the most important distribution network facing the world, the production of films was distributed by other film companies, and the final result can be imagined.

However, the tycoon still has a bit of a brain, and directly acquired another former giant in Hollywood, United America, so that he has a little distribution network, although it is not as brilliant as it once was.

The only advantage of this is that with Luen Mei's distribution network and all the copyrights of 007, it can be regarded as accumulating some of the best assets for MGM.

The fact is that he is not the material for movies, and in the end, in 86, MGM, who was tossed by the tycoon for more than 10 years, was directly sold to CNN's boss Ted Turner for $1.45 billion.

But this bigwig is not a fuel-efficient lamp, and all Ted Turner wants is MGM's huge movie library, which can be used to enrich Teditner's CNN network.

In the end, the big guy left MGM from before 1948 movie library, only 74 days later, and then packaged the rest back to the gambling king, which is the second time the gambling king buys back MGM.

……

However, although the tycoon bought back MGM, it was a pity that in the next few years, he found that he was now tossed by himself in MGM and died, which seemed to be useless, and as a result, MGM was sold again in 90, which is the back of the French Crédit Lyonnais.

Originally, according to history, the gambling king repurchased for the third time this year, and then resold MGM for the third time in 05 years, selling for 4.8 billion US dollars, this time looking for Sony.

Naturally, with the rise of the DVD market in the new century, MGM's world's No. 1 film library was worth money again, which is why MGM was able to sell at such a high price.

In the years that followed, MGM's film library alone generated at least $200 million a year for the company, and it is said that the database was worth 5 or 6 billion at that time.

Naturally, with the development of the Internet and the shrinking of the DVD market, MGM was naturally worthless again, and eventually had to go bankrupt and reorganize.

It can be said that MGM's final tragedy is from the source when the tycoon began to sell MGM's distribution network after the acquisition, and this is the culprit of MGM's complete defeat, MGM can be said to have been tossed to death by it.

Naturally, among them, the tycoon made a lot of money from MGM, at least billions or even tens of billions.