Chapter 321: New MGM
On the eve of MGM's press conference, Hollywood was completely shaken by another bombshell.
The Weinstein brothers and Disney officially parted ways.
Harvey and Bob, who were standing at the door of Miramax Films, were surrounded by a group of media reporters, and their faces did not have a lot of heaviness and frustration, and it was obvious that this protracted conflict could be ended, and it was also something that their brothers wanted to see.
"Yes, we just agreed with Disney that Harvey and I will leave Miramax, but we're not going to leave Hollywood and end our careers. We created a new film company, Weinstein Pictures, to re-enact our film dreams. Weinstein and Miramax also collaborated on some projects, but they would be two completely separate individuals......"
Watching Bob make a statement to the media in a flat tone, Daniel shook his head.
Robert. Iger is becoming more and more like Michael. Eisner, although he became the head of Disney earlier this time, has basically not changed anything, whether it is the conflict with the Mira Max Weinstein brothers or the disagreement with Pixar. But Daniel is also not sure that Robert's approach is wrong, and in fact, Robert's merger and acquisition measures have propelled Disney into Hollywood's greatest company in the future – undoubtedly number one.
There is no doubt that the drastic change in the Hollywood landscape will completely change the original pattern.
Whether it is DD Pictures' acquisition of MGM, Paramount's acquisition of DreamWorks Pictures, or now, the Weinstein brothers and their team will profoundly change the entire Hollywood ecosystem.
……
"MGM Pictures will hire Lang. Mr. Meyer will serve as the company's Chief Executive Officer, and the new management will be formed by Mr. Meyer himself. ”
"MGM will start filming 6 works this year, including the new work of the 007 series and everyone's attention, and will invite Natalie. Portman starred in the film "Black Swan". ”
"MGM Pictures and DD Pictures will operate independently, but DD Pictures' distribution system will be integrated into MGM's global distribution system, and the new distribution division will have the ability to distribute 15 to 20 films per year."
“……”
"MGM Pictures will begin negotiations with Warner Bros. immediately, including, but not limited to, the sale of exclusive licenses to MGM and DD Pictures from MGM to Warner."
Daniel personally attended the press conference and read out the big news one by one.
Universal's Senior Vice President Lang. Meyer. Leaving the CAA agency he co-founded, and now leaving Universal Pictures, which led him to start a new career, and joining the uncertain future of MGM, is no matter how far-reaching industry news.
Daniel though he didn't list the film. But MGM has confirmed plans for six new films, including the "007" series, which is clearly in line with the previous New York Times speculation about Daniel's actions - everything was expected, there was no impulse, no blood, and the acquisition of MGM was deliberate by DD Pictures and Daniel. A well-prepared move, it now depends on whether Daniel can maintain his undefeated myth. After all, no matter how brilliant you have been, it is still difficult to give people a sense of security and convincing when you enter a completely different realm.
Daniel confirmed Natalie. Portman will star in "Black Swan", which has become very popular because of Darren's intervention and the collaboration between Rachel and Daniel, and of course, the most important thing is Daniel, who is back to being single. Unclear relationship with Natalie. Already denied? Denial does not represent truth.
In Hollywood, it's not just the media and journalists who can't be trusted, but also the stars.
They say they don't have access to drugs, they don't have wild parties, they don't have extravagant lifestyles, they still believe in love, they are pure - obviously, these are all lies.
The merger of MGM and DD Pictures' distribution systems is a very important issue for the industry.
After several years of development. With several blockbuster films, DD Pictures' distribution system in North America is quite complete, although it is still a little behind the established studios in terms of striving for film scheduling. But it's not so significant anymore. In particular, DD Pictures has not made any money-losing works so far, which will make the theater chain think more or two. Although MGM's distribution system has shrunk a lot, the experience and operating model are ready-made, and once they have enough confident works and enough resources to invest, they will soon be able to develop a stronger distribution system. This also includes the international distribution system.
With the exception of a few large box office countries, such as Britain, France and Germany, DD Pictures has largely not built its own international distribution team - because it is very expensive and unnecessary. But with the release of more and more works, this work becomes more important, on the premise of avoiding vacant distribution capacity, it certainly makes sense to have a permanent distribution team, after all, distribution often accounts for 3 to 4 percent of the box office of the filmmaker, and some countries may have more.
MGM is actually missing in this regard, after all, they have been in decline for many years. But MGM has a great reputation and experience, and DD Pictures still falls short in comparison.
Therefore, the newly formed distribution company is still based on MGM's distribution system, and is responsible for the global distribution of works produced by DD Pictures, DD Animation, and MGM Pictures.
This is of course a big deal for the industry, because MGM previously had to hand over the film to other studios for distribution due to lack of distribution capacity and resources - that's where the interests lie, and now it's certainly not possible. But this is also a matter of course, whether Sony or Warner buys MGM, it is impossible to take out this piece of meat again. It's just that DD Pictures is now in charge of MGM, which will make some people think, after all, DD is only an independent studio, if you are not willing to spend a lot of time, money and manpower on the structure of the distribution system, then relying on other people's distribution capabilities is a sustainable choice.
Now that hopes have been disappointed, it is conceivable that many people will feel disappointed.
Of course, none of these initiatives can compare to the attention that the last one has attracted attention.
MGM wants to sell the exclusive license to its most valuable library to Warner Bros. It dawned on everyone at this time why DD and Warner would stand together, and apparently, Daniel made this promise to Warner early on.
They're going to cut up MGM.
DD needed its production and distribution capabilities, while Warner needed a film library.
As for why it is only an exclusive license, rather than a sale, it can obviously be regarded as Daniel's back-up move - such a valuable asset is sold directly, and it is not necessary for DD Pictures, which is not particularly under great financial pressure. (To be continued.) )