Chapter 488: Poor Cole

Never be disappointed in life, the dark clouds only temporarily obscure the sun, everyone has their own happiness and their own unhappiness, and your situation may not be as bad as you think. 【There are many books, and the update is fast】

Life is true, when Ye Luo's side feels tricky, there is also a film company boss who is even more depressed.

Kirk Kercorion, yes, is the owner of MGM, one of the seven major studios. These days, he is choking on drinking water, choking on eating, walking on his feet, and even splashing his hands or half-pulling his butt in the toilet.

It's like going back to doubting life.

Last year, it spent more than 800 million yuan to buy the fourth-largest cable company in the United States, but now it has proved to be an extremely failed operation.

And the movie "Operation Wind Hunting" ("Wind Whisperer"), which he gave him to make a comeback, has now become a bubble of hope and burst.

The worst thing is that the box office is declining rapidly, and the rate of decline is - it's all tears when you think about it.

In the first week, he won 14 million in two days, which looked good and gave Cole some comfort, but in the second week, he did not usher in the rise he should have, and only cut 655 box office in seven days.

F-uck!

He scolded the reporter and called again and again to check, and the damn number still hadn't gone from seven to eight.

Judging from the current situation, the North American box office can exceed 30 million, which is a big yin virtue. But Cole did not dare to hope that a non-believer could beg the emperor to have mercy on him at this time.

I thought that I could turn over and not file for bankruptcy, but now it's finally time to end.

He no longer has the desire/desire and strength to lose his temper, he is tired, and there is no one to vent to, and the employees avoid him one by one like avoiding the plague.

"Dangdang - boss, there are guests coming!"

The female secretary did not walk in as usual, but knocked lightly on the door and whispered instructions.

"No, say I'm not there!"

Don't think about it, it's the damn bank employee who is collecting the debt again. Now the company is not doing well, and as we all know, the bank has also changed its face, and it is no longer the kind grandson.

"Old—"

"Say I'm not there! Don't you understand?!"

Seeing that the female secretary was still standing in the room, Cole didn't feel the other party's awe at all, but seemed to be laughing. For a while, I couldn't help but get angry, pulling my throat and roaring.

"Say yes - I'm here to talk about business, Joross, the general manager of the Phantom!"

The female secretary looked at the boss's hideous appearance, held each other's two trembling hands, and said softly.

"Phantom, which Phantom is missing!"

People like Cole usually meet with CEOs such as Universal and Warner, and they are a little disdainful of even the touchstones, not to mention the Phantom, which has just been established not long ago?

"Wait, Jo Rose? That Joe from Twenty-First Century Fox?"

Without waiting for the female secretary to turn around, he reacted again and asked suspiciously. The Phantom is not famous, but Joros still has some connections and is also a popular figure in Hollywood Vanity Fair.

"It's him!

"Hurry, please!"

Cole stood up all of a sudden, he didn't have the demeanor of a boss at all, what he needed most now was business, no matter if Joros came to buy MGM!

Don't look at him as a rich man, but that's when there has to be a pick-up man. But now, MGM has not received a bid from any company to buy it.

"Hey, long time no see, Cole!"

As soon as Joros came in, he stretched out his arms. Everyone in the mall has ups and downs, and he won't make that kind of childish act of mockery.

"Joe, welcome! I didn't think you were a friend enough to come and see me at this time!"

Cole patted the other party's shoulder vigorously, excited, at this time, there is still someone to send money.

Joros smiled, didn't say anything, and waited until both parties were seated and the secretary delivered coffee before getting down to business.

MGM was the first to be visited by Joros, and compared to the other six, it was the easiest place to succeed. He saw everything about MGM, and he could only say that it was very sad.

MGM is the only one of the Big Seven that doesn't have a promotional outlet, which is why Cole bought Cable last year.

It's a pity that the entrance was too late.

And this year's "Wind Hunting Operation", which was given great expectations, is not good for the company. During the screening, he touched the two tails of "Star Wars Prequel 2" and "Spider-Man" and was seriously injured.

finally sent away the two gods, and Spielberg brought Fox's "Minority Report" and Disney's "Star Baby", as well as Warner's "Snoop", Paramount's "Fear of Death" and Universal's "Spy" that cannot be ignored.

What does it mean to be born at the wrong time?

"Wind Whisperer" is actually not bad, there is no shortage of plot, connotation, special effects, action, etc., but unfortunately I crashed into the hunting ground of these seven blockbusters, and I was abused so badly that I couldn't even recognize my parents.

"Star Baby" pulled children away, "Star Wars", "Spider-Man" and "Minority" pulled away those who love sci-fi action, "Spy" and "Fear Killing" occupied suspense and action, and "Scooth" is a family movie.

What's left for Windwhisperer?

Comedy, romance/lovers?

How could you choose it?

Therefore, it is not so miserable, it is only to blame the distributor for not being sober-minded, overestimating the film market, and choosing the wrong schedule.

What's even more tragic is that the production cost of this film is 115 million US dollars, and if you count publicity and distribution, it will reach at least 130 million.

Due to MGM's single business, it is not a diversified company, and it only relies on big productions to make profits. This kind of company is very good in good times on weekdays, but its ability to resist risks is very fragile.

At the current box office, soon, MGM's debt crisis will come.

Joros guessed wrong, it had already arrived.

"How would you choose an Asian boss?"

Cole was a little puzzled, Joe Ross was one of the few capable people in the circle, and that was the person who was the CEO of Fox in the 21st century.

"Of course, it can't be more than profit and freedom! Don't look down on Asians, this time it was our boss who proposed it. I don't think 100 million dollars will help you survive the crisis temporarily?..."

Joros didn't want to say much about the secret agreement between him and Yelo.

"Online movie rights?"

Sure enough, Cole was also confused when he first heard it. There was no way, and Joros had no choice but to relay what Yelo had explained to him.

"This is optional, you can also choose to cooperate with the station, and when the time comes, it will be divided! And it's four or six open, you six-"

"I choose to buy out!"

Cole didn't wait for Joros to finish, and said categorically. Just kidding, it's all burning eyebrows, what long-term plan are you waiting for.

He understood that it was the other party who wanted to put their company's movies on the table and then charge the people who watched them.

I can't afford to think that there are so many audiences for those old movies? Now there are only 100 million people in the United States, which is equivalent to only one citizen in three people.

And this video station hasn't come out yet, the bubble has just passed, and Cole doesn't believe that it will be profitable.

But after thinking about it, he won't say it, and he's still waiting for this emergency money!

"In addition, our boss has another stake in MGM, you can consider whether to transfer a part of the shares, but it is only a small part! It cannot exceed 200 million!"

"I'll think about it—"

After that, the two of them discussed the details, the price, the arrangement of the disk storage and the payment of the bill in installments.

Cole seems a little anxious, he needs money so much, and now MGM invests in movies with the support of a 500 million credit line from its small company, Tanyi.

It's really to the pitiful point that a good woman has no rice to cook.

In the end, Phantom Technology (the newly registered) paid MGM a one-time payment of $150 million for the online broadcast rights to all of its copyrighted films from '02 and up.

In addition, the transfer of shares was not negotiated, not because Cole didn't want to sell, but because he wanted to sell too much, Joros couldn't make up his mind and needed to ask Ye Luo for instructions again.