Text Chapter 983 Swallow Universal Pictures
When Seagram was talking to Viacom about the acquisition of Universal Pictures at the negotiation table, his "backyard" was just a nest.
Isn't it a surprise?
Hehe, I guess I have 10,000 MMPs in my heart.
However, in any case, Tianchen Fund has finally completed the wholly-owned acquisition of Seagram, a Canadian wine giant, after a "hard-fought battle".
Of course, although Seagram is a Canadian wine giant and has a certain industry position in the global wine industry, I'm sorry, Tianchen Fund really didn't do it to meddle in the wine industry - even if Tianchen Fund was in the name of entering the wine industry in a big way from beginning to end.
Besides, if Su Chenyu really wants to step into the brewing industry, Seagram's status in the brewing industry is really not enough for Tianchen Fund to make a move. After all, Su Chenyu's principle has always been to start with the leading and potential stocks in the industry, and Sigram doesn't seem to be satisfied with these two points, and he is not qualified to let Tianchen Fund do it.
But who let him hold Universal Pictures in his hands?
It's a whole different story!
After all, Universal Pictures is quite important to Su Chenyu, N times more important than Seagram itself.
In fact, since Seagram acquired Universal Pictures, it has also increased its investment in Hollywood and the entertainment industry. Even, not long ago, Seagram was still seeking to acquire the classical record giant Polygram, which shows that the other party is indeed a bit "not doing business".
You say that you don't go to make good wine, go to movies and records, isn't this a pain in idleness?
To be honest, it is precisely because Seagram seeks to acquire Polygram Records Worldwide that Tianchen Fund has an opportunity to take advantage of it. Quite simply, Seagram's re-investment in entertainment industries such as film records has led to two different voices within the company — one side supporting more investment in Universal Pictures, and the other side strongly opposing it.
In other words, this time he talked to Lei Shidong's Viacom about the acquisition of Universal Pictures, which was the one who strongly opposed it, otherwise, how could it be that this side was busy buying Polygram Records, but that side was beginning to prepare to sell the company? Obviously, Seagram had a huge disagreement over the issue of Universal Pictures.
In this way, Tianchen Fund has a chance to take advantage of it, pull one side to hit the other side, and then pull the other side to play this side - hehe, it didn't take much effort to clean up the entire Seagram.
Now that Seagram has been acquired, Su Chenyu doesn't have to be polite over there, let alone hide it anymore. Moreover, Lei Shidong and Viacom's "feints" can also be stopped, and there is no need to continue acting.
As a result, after this "farce" has been vigorously for a while, there finally has a dramatic ending - Seagram announced the termination of negotiations on the sale of Universal Pictures, and Lei Shidong also said that the acquisition of Universal Pictures is not mature at this stage.
Hehe, the ending of this "farce" is undoubtedly what the Hollywood giants are most happy to see, after all, Paramount and Universal did not succeed in merging, and there would be no another MGM - can be greatly relieved.
In other words, the whole of Hollywood seems to be happy to see this kind of ending, after all, the change of the "old order" is destined to redistribute interests, so it is better to maintain the status quo.
However, things are not as good as they imagined, because a real "nightmare" has come!
Shortly after Lei Shidong announced the termination of the acquisition of Universal, Tianchen Fund officially announced the wholly acquired Canadian wine giant Seagram.
However, this incident did not cause any waves in the brewing industry, but it caused a monstrous wave in Hollywood, really a monstrous wave. It is no exaggeration to say that Lei Shidong's announcement of the acquisition of Universal Pictures is a drizzle compared to this matter, and it is not a move at the same level at all.
It can't be helped, it's really the things behind this deal that are too damn - MGM Group swallowed Universal.
This is really painful, it is 10,000 times worse than Paramount's acquisition of Universal, if you know that this will be the final result, you might as well look forward to Lei Shidong's acquisition of Universal. After all, after the combination of Paramount and Universal grows, it will definitely have a conflict of interest with MGM, so it will be profitable for the two tigers to compete.
However, now it is very good that after MGM swallowed Universal, it is really a dominant power in Hollywood, and neither Time Warner nor Disney is qualified to challenge it anymore. There's no way, the combination of MGM + Universal, crushing the existence of Hollywood, how do you let other people mix.
Of course, it's not that no one has thought of using anti-monopoly rule of law to rule MGM, but it's useless, not to mention that there is no monopoly at all, and even if there is a suspicion of monopoly, Congress will definitely not intervene in this matter - the power of SS Financial Holdings in American politics is not just lip service.
Therefore, although Hollywood giants such as Disney, Time Warner, 20th Century Fox, and Sony Columbia are jumping to their feet and scolding "Fuck", they can't change the general trend of things at all.
Indeed, things do not change in any way because of their will!
Shortly after Tianchen Fund wholly acquired Seagram, it announced that it had been planning for a long time - Seagram would transfer 80% of its MCA shares to MGM Group.
This MCA is the parent company of Universal Pictures, and it is also the parent company of Universal Music, which is the sole controlling company of Universal Pictures and Universal Music, but in general, everyone is willing to directly replace the MCA name with Universal Pictures.
However, Seagram only has 80% of MCA shares, which is indeed a bit unpleasant for Su Chenyu, and the other 20% of the shares are in the hands of Panasonic in Japan. Yes, it was in the hands of Panasonic, that year, after Sony acquired Columbia Pictures and entered Hollywood, Panasonic also bought Universal in the same way, and it turned out that the acquisition was not very good, so in 1995 it sold 80% of the shares to Seagram.
Since the other 20% of the shares are in the hands of Panasonic in Japan, then it is much easier to do, although Panasonic is very good, but the SS consortium is more powerful in Japan - Mitsui Houses Bank, Industrial Bank, which is not more than Matsushita Electric?
Therefore, after "amicable" negotiations, MGM Group officially took the remaining 20% of the shares from Panasonic Group, and thus officially acquired Universal ......