Text Chapter 829 Fuji Sankei Group

Not to mention, for MGM, the Yomiuri News Group is definitely a piece of "fat" that is a "big supplement", otherwise, Peter Chernin would not have come to Japan in person.

You must know that MGM Group's huge media empire has always been concentrated in the media industries such as film entertainment, television, and media production, and has never set foot in the field of newspaper media. However, the newspaper industry is an absolutely indispensable part of any truly mega-media empire.

If nothing else, let's talk about Murdoch's News Corporation, this guy started in the field of newspaper media, starting from the "News" in Australia, to the "News of the World", "The Sun" and "The Times" in the United Kingdom, and then to the "New York Post", "Sun Times" and "Boston Herald" in the United States, etc. - this guy has built a huge super newspaper empire for himself. Then, with the help of his newspaper empire, Murdoch broke into the television media and film and television entertainment industry in a big way, and 20th Century Fox, Fox Television Network, etc. became his "meal on the plate", and thus achieved the huge media empire of News Corporation.

However, although MGM Group has become the world's largest media company, for various reasons, it has never had the opportunity to set foot in newspaper media. Now, the addition of the Yomiuri News Group has made up for the biggest shortcoming of the MGM Group, and since then, it has really deserved its name as the world's No. 1 media group.

You must know that the Yomiuri Shimbun, the core asset of the Yomiuri News Group, has a circulation of more than 14 million copies, which is a Guinness World Record. Moreover, the Yomiuri Shimbun's influence is not only in Japan, but also in the whole of Northeast Asia, East Asia, and even Asia.

In this way, after taking the Yomiuri News Group, MGM's power and influence throughout Asia will be further enhanced.

Of course, in addition to this, there is another very important reason why Su Chenyu attacked the Yomiuri Shimbun Group - that is, the Yomiuri Shimbun Group is considered a "right-leaning" and "conservative" side in Japan's social and political ecology - although it is only a moderate rightist.

Su Chenyu has nothing to say about Japan's left-wing political forces, he will not beat everyone to death with one stroke, after all, there is also a reasonable part of the right-wing. However, needless to say, there are some far-right forces who spend their days dying in arrears.

Therefore, Su Chenyu decided to strangle the "fire support" of the right-wing directly on the basis of public opinion, even if the Yomiuri Shimbun Group was only moderate to the right-wing - his influence was too great.

However, fortunately, among the Japanese media, the Yomiuri News Group is relatively good, but there is a media group that really makes Su Chenyu quite unhappy.

This is none other than the well-known Fuji Sankei Group, Japan's most famous far-right media.

There are two core industries under the Fuji Sankei Group, Fuji TV and Sankei Shimbun, of which Sankei Shimbun is the most shameless far-right supporter, which later generations directly deny the NJ Massacre and go around beautifying the war of aggression against China. In addition, under the Fuji Sankei Group, there is also a Fuso publishing house, which is not a good bird, directly beautifying aggression in Japanese textbooks - really don't be a little embarrassed.

Therefore, in order to dig the grave of Japan's extreme right-wing forces, Su Chenyu decided to make another big move - to eat the Fuji Sankei Group.

In addition, Fuji Sankei Group can also be regarded as a high-quality asset, especially Fuji TV can join forces with Nippon TV to challenge NHK TV's position in the industry as a public boss.

This is also why when MGM acquired the Yomiuri News Group, the Standard Bank Group personally went into battle, and even threw a lot of "bait" to the Daiichi Consortium. It's very simple, it's just to do this now, there's no way, although MGM is from "American Dad", but for the devil, it's an outsider after all.

Therefore, to do this kind of thing, Su Chenyu felt that it was better to find a "leading party", and the First Quanye Foundation was so successfully selected.

The Fuji Sankei Group was formed by the merger of Fuji Television and Sankei Shimbun last year, but the controlling stake is not in the hands of these two parties, but in the hands of the Fuji Foundation.

Yes, Fuji Sankei Group is one of the assets of the Fuji Foundation, so Su Chenyu came up with this method - let the First Quanye Foundation come forward to settle the Fuji Foundation. As for the remaining shares of the Fuji Sankei Group, hehe, it will be much easier to do, as long as Fuji TV is done, everything is OK.

In addition to the shares held by the Fuji Foundation, Fuji Television's shares are in the hands of two broadcasters, "Culture Broadcasting" and "Nippon Broadcasting", as well as film companies such as Shochiku, Toho, and Daiei.

Hehe, these companies are not under any pressure on MGM, especially under the weight of the Japanese economic downturn, everyone's life is not easy.

Just as the Dai-ichi Foundation and the Fuji Foundation officially began to contact and negotiate, MGM also began to negotiate with these five companies one by one.

After a brief analysis, Peter Chernin and Ted Turner decided to start with Toho, Shochiku, and Daiei - this is definitely an easy one.

As for why?

Hehe, it's very simple, because Toho, Daiei and Shochiku are all relying on MGM Pictures to survive. In Japan, Hollywood movies are almost unbridled and free-wheeling, and this is almost the "blood bank" of the Hollywood giants - sucking blood from it anytime and anywhere.

Therefore, these film companies basically rely on Hollywood giants to survive, and MGM Pictures, as the largest film company in Hollywood, sweeps the box office charts every year - and is the "father" of these people. Moreover, if Japanese movies are to be released in the North American market, then MGM's Weinstein is definitely one of the unavoidable hurdles.

So when Peter Chenin and Ted Turner made an offer to buy the studios, they agreed without any hesitation. After all, the economy is so bad these days, if you annoy MGM, the "food and clothing parent", it will really be over. Besides, Fuji TV's stake is really a chicken rib for these film companies - to say that it is useful, but in fact it is useless, and to say that it is useless, it is still somewhat useful.

However, no matter how useful Fuji TV is, it is not as useful as MGM Pictures for them. So, in the face of such a great opportunity to give favors to MGM, how can these film companies not rush up like crazy?

No blowing, no black, as long as MGM gives more import share of films, and introduces more films they make, it will be enough for them to eat big shoulders and round waists - they are the world's largest film companies.

After getting a 15% stake in Fuji TV from Toho, Daiei, and Shochiku, the remaining two broadcasters are even easier, because they are basically alone now. Therefore, after several rounds of stubborn resistance, the two broadcasters "Culture Broadcasting" and "Japan Broadcasting" decisively chose to give in to the "dollar daddy" - is there anything more affectionate than the dollar in these days?

As a result, MGM's stake in Fuji TV has increased dramatically to 40 percent, and in addition to the 56 percent of the shares controlled by the Fuji Foundation, less than 5 percent of the shares are scattered outside. There is no doubt that this 5% stake does not pose any threat to MGM's acquisition business, as long as the Fuji consortium is resolved, it is a convenient matter.

Now, everything depends on the outcome of the negotiations between the Daiichi Consortium and the Fuji Foundation, but Su Chenyu believes that the final result must be quite satisfactory.

In fact, it is true, and I don't know what kind of conditions the Dai-ichi Foundation gave to the Fuji Foundation, but the other party really agreed to sell all the shares of the Fuji Sankei Group to the other party - yes, it was acquired in the name of the Dai-ichi Koei Foundation.

As a result, MGM's acquisition of Fuji Sankei was almost complete, and soon the Dai-ichi Consortium reached a share transfer agreement with Standard Bank Group, transferring all the shares obtained from the Fuji Consortium to Standard Bank Group. After that, Standard Bank Group changed hands again, and MGM Group successfully completed the acquisition of Fuji Sankei Group.

At this point, MGM holds 96% of Fuji Television's shares, and after completing the acquisition of the last 4% of the shares, it has a wholly-owned stake in Fuji Television and controls 30% of Fuji Sankei Group's shares. In addition, after taking full control of the Sankei Shimbun, it took control of 26% of the Fuji Sankei Group.

In other words, through the two core assets of Fuji TV and Sankei Shimbun, MGM has completed an absolute control of 56% of Fuji Sankei Group. Combined with the 38% stake transferred by the Fuji Foundation, MGM's stake in the Fuji Sankei Group has officially reached 94% – basically completing a wholly-owned stake in the Fuji Sankei Group.

After completing the acquisition of the last 6% of the shares, MGM has officially acquired Fuji Sankei Group, a Japanese far-right media outlet......