0352 [MGM Fishing Bait]

DreamWorks' market capitalization is currently around $4 billion, and as long as DreamWorks' board of directors agrees, it will not be difficult to acquire.

The next topic was the acquisition of Digital and Lucasfilm.

Lucasfilm is the father of Star Wars, George Brown. Lucas, a film company founded in San Francisco in 1971. Lucasfilm's name may not be well-known, but its subsidiary, Industrial Light & Magic (ILM), is definitely a worldwide reputation. ILM is a global leader in the special effects industry, and almost all big-budget films in the world are involved in post-production.

What Shao Shuaijun is trying to do is industrial light and magic.

In addition, Lucasfilm also has subsidiaries such as Skywalker Sound and Lucas Art, which are responsible for post-production sound synthesis and game production. Affected by the subprime mortgage crisis and the fierce competition in the special effects industry, Lucasfilm has been unable to make ends meet in recent years, with serious losses, and the company has been on the verge of bankruptcy.

The emaciated camel is bigger than the horse, and the current market value of Lucasfilm is also around $4 billion.

Digital Realm (D2) was a special effects company co-founded by Cameron and a friend, and by 2008, it had lost tens of millions of dollars. Bei acted as an agent to acquire D2. However, this acquisition did not save D2, and it still lost money year after year.

Paramount didn't want to take in such a money-losing company anymore. This is also the best special effects company that Summit Entertainment has acquired, and compared with ILM's billions of market capitalization, D2 is cheaper to less than $200 million. This still includes the liabilities to be repaid.

Once these acquisitions are approved, it can be said that Summit Entertainment will really hit the ranks of global film companies in 2011. It's no longer an upstart, it's no longer an independent studio, it's a big studio.

……

At the end of the meeting, the management excitedly dispersed to do things, and with the goal, the action will be powerful.

Shao Shuaijun, Li Xiuxiu, Mitchell, and David went to a conference room alone, and there were more important things waiting to be discussed.

Close the door to the meeting room. David. Joe Cole pulled out a document: "This is Carl. Mr. Icahn. Provide us with MGM's 2010 financial statements. On the table, MGM's operations are chaotic, its investments are scattered, and its internal property rights structure is very complex. After my calculations. Currently MGM Company. In total, about $3 billion of Sony's liquidity was trapped. This has already cost Sony's half life. ”

MGM, a brilliant name, is almost synonymous with Hollywood movies.

Filmed the best movie in history, "Gone with the Wind". Counting inflation, "Gone with the Wind" has a higher box office than "Avatar" and is definitely the best grossing film in the world, there is no one.

Once a movie was released almost every week, making its logo, a lion Leo, a symbol of America.

It also created the classic 007 series that has been active on the big screen for decades, and the enduring animated cartoon "Cat and Mouse", initiated the establishment of the Academy of Motion Picture Arts and Sciences, and launched the Academy of Awards!

It is such an immortal film company, at the beginning of the new century, it was on the verge of bankruptcy, and the US government was unable to save itself from taxes and credit several times, and tried all kinds of methods. In 2005, MGM, which was already seeking bankruptcy, was announced by Sony for $5 billion.

Since then, the word MGM has not disappeared, but it has been removed from the ranks of major Hollywood film companies.

Five years on, Sony's excitement has faded completely, and the acquisition of MGM is arguably Sony's most failed business plan. In the eyes of Wall Street financial investors, MGM is the tool they use to cut meat from Sony, and the biggest representative of this is the corporate predator Carl Brown. Icahn.

Wall Street has conquered the whole world, even the US government has been manipulated by them, and wherever there is interest, there are Wall Street financial experts. However, over the decades, Wall Street has attacked Hollywood again and again, and finally declared failure, and the MGM merger and acquisition was also a failure.

Not only did it fail to make MGM fly and cash out to make money, but it became a rotten battlefield that ended up with Sony. Icahn's biggest humiliation.

Hollywood is a combination of art and commerce, and the magic of cinema has allowed it to remain pure under the onslaught of Wall Street. Wall Street's mercenary businessmen can't have fun. Icahn saw this and approached Summit Entertainment.

To solve the MGM mess, we have to solve it from within Hollywood.

"Icahn's intention is simple, he comes and pays for us to come forward, buy MGM and restructure, drag Sony's capital at MGM and sink deeper. He will use the Icahn Co-op Fund and the AREP Fund to launch an assault on Sony and force Sony to completely withdraw from MGM, so that Icahn can win MGM's dominance. ”

David continued: "Sony's abandonment of MGM is equivalent to billions of dollars being wasted, and these will become money in Icahn's pocket. Icahn will reward us with his 29.7% stake in Lionsgate and a portion of MGM's restructured stake, and we will even have access to MGM's vast film library. Moreover, if Sony wants to retreat, it has to obtain our consent, and by the way, the copyright negotiations for Spider-Man will definitely go well. ”

"So, you've decided?" Shao Shuaijun flipped through the financial statements that he couldn't understand, and asked casually. Coming to this meeting today means that the company has made a decision, and Li Xiuxiu has already said it. Shao Shuaijun just repeated the question.

Mitchell. Bruce said with a smile: "From where you look at it, we all have more advantages than disadvantages, as long as we don't touch the shares of Summit Entertainment, establish a few shell companies, and act in a play, we can get rich returns after success, and there is nothing to lose if we fail, why don't you agree?" ”

"In principle, our senior management has already agreed to this plan." David said.

Dream Catcher Entertainment Group, with four management levels. Top executives, senior management, middle management, and junior management. Top executives, only Lee so-so, Yi Jian May, Mitchell. Bruce and Kevin. The senior management of the Fagi includes the heads of the key subsidiaries.

Through property rights and shares, the entire management is linked together to make confidential decisions at the highest level.

"So, so be it, you do yours, I'll make my movie." How to fight a financial war, Shao Shuaijun is not interested.

The decision has been made, Carl. Icahn was quick to respond. The next day, Shao Shuaijun and his wife were invited. Going to a golf course shows that the cooperation is pleasant. Subsequently, Summit Entertainment held a shareholders' meeting and formally made the decision to acquire MGM. The decision was announced on its official website.

Almost as soon as the news was announced. Hollywood was in an uproar. The film industry around the world is in an uproar.

"Great news! Summit Entertainment has launched its plan to acquire MGM and has sent invitations to negotiate with MGM's major shareholders, the Actors Guild of Providenc, Texas Pacific Group, Sony Corporation, Comcast, DLJ Commercial Bank and Quadrangle Group. ”

"Summit Entertainment, the brightest independent film studio of the year. is about to acquire MGM, the once most dazzling big movie studio, Hollywood's film legend, should it continue to be passed on in this way? ”

"Is it blind investment or cautious analysis? Wall Street financial experts explain the three feasible options for Summit Entertainment's acquisition of MGM! ”

"DLJ Commercial Bank has responded to Summit Entertainment and can negotiate!"

"Where did Summit Entertainment get the confidence to acquire MGM? 2010 box office winner, carried away by victory? ”

"Kongscat has responded to Summit Entertainment and can negotiate!"

"The failure of Summit Entertainment, the acquisition of MGM is self-defeating, isn't Sony's experience a wake-up call?"

"The annual box office exceeded the 5 billion mark, and Summit Entertainment was not satisfied with the identity of an independent film company and began to lay out to become a large studio. According to an anonymous senior executive of Summit Entertainment, the acquisition of MGM is only one of the company's many big moves in 2011. ”

"Since Marvel Comics, MGM has also been robbed by the Chinese."

In the media, it was boiling, but hidden under the surface, it was Carl. Icahn's pusher. Long before cooperating with Summit Entertainment, Icahn had already bought off major shareholders such as DLJ Commercial Bank and Kongscart, and the layout had been in place for several years. Now is the time to invite you into the urn.

Not only was the media manipulated, Shao Shuaijun also worked hard to show his face in the media, when announcing the start of the second filming of "Night Watchman", some media asked about the acquisition, Shao Shuaijun said: "I'm just a director, I asked the company's management, can I buy MGM, I'm very interested in some of MGM's old movies." They held a meeting and studied it, and finally affirmed my problem and said that it was okay to buy, so we were ready to buy. ”

Since the success of the remake of the "Planet of the Apes" series, Shao Shuaijun's eyes have been regarded as God's guidance, and he said that MGM's old movies have potential, which immediately made many people value Summit Entertainment's acquisition of MGM by three points.

It's not that MGM can't make blockbuster movies, and the glory of 007 has never been extinguished. The key is that one or two movies can't support a big company, with Shao Shuaijun's affirmation, it represents the future of MGM, and there will be many blockbuster movies, which are enough to bring MGM back to life.

"Shao, your face is really big, your interview just appeared on TV, and the people from Sony agreed to negotiate. You know, Sony has been hanging me for two whole years before! "Carl. Icahn called.

"Hehe, that's good." Shao Shuaijun didn't talk much, he had seen the prism plan of the later generations, and knew that the phone calls in the United States were all monitored, and if there was a lot of talk on the phone, maybe it would be exposed, and he couldn't help but guard against it.

The bureau has been laid out, the blueprint has been outlined, what should the company do, he can't get involved and is unwilling to interfere again. No matter how big this movie kingdom is, for him, it is just a few jumps in the number of wealth. He's built a solid foundation for himself, and it's time to really chase his dreams.

Let people all over the world dream with him, and let his movies resound all over the world!

Now, he can shoot with peace of mind. (To be continued......)