The collapse of the stock markets in European countries has been fed back into the US market, which immediately caused an even larger collapse of the US market, which can be seen from the failure of US companies.

The largest real estate investment trust in the United States went bankrupt, Lehman Brothers, the fourth largest investment bank in the United States, General Motors, the largest automobile manufacturer in the United States, Washington Mutual, the largest savings and loan bank in the United States, and Nortel Networks, the largest telecommunications equipment manufacturer in the United States, went bankrupt.

These are just a few examples of corporate bankruptcies, but countless others have followed suit, as well as large supermarket chains such as Wal-Mart.

Because the major Hollywood film companies could not apply enough funds to shoot large-scale films, they turned to small-budget productions, which caused a rare blockbuster vacuum in the American market.

It also provides savings for the box office of superhero movies later.

According to Morgan Stanley's assessment, the world has lost at least more than $1 trillion in the subprime mortgage crisis.

Many people believe that if the Wall Street consortium had not provided funds for the financing of the two major subprime mortgage crises of Freddie Mac and Fannie Mae, the United States would have suffered much less in this crisis.

They also believe that the U.S. government, as the government of Americans, instead of alerting its taxpayers when the subprime mortgage crisis is about to erupt, has shared the news with Wall Street consortia and concealed the news for Wall Street conglomerates.

On this ground, the Federation of Industrial and Industrial Relations (CIL) launched a rare 'Occupy Wall Street' campaign against Wall Street, and they put all the blame on the Wall Street consortium and the US government. They think that the greedy Wall Street consortium is the culprit of this qiē, but they don't know that in fact, the Wall Street consortium has also suffered heavy losses.

Citigroup, one of the top 10 conglomerates in the United States, has suffered heavy losses in this crisis. The entire consortium almost went bankrupt, they were forced to reorganize, the internal forces were reshuffled, and the other consortiums also had their own losses, and some consortiums had to borrow funds from other consortiums in order to save themselves, and put their own lifeblood into the hands of other consortiums.

Arguably. The subprime mortgage crisis was a major reshuffle for American conglomerates.

And Universal Films, which was sold by Coca-Cola to General Motors in this crisis, is a big surprise. General Motors, which had just acquired Universal Pictures, was on the verge of bankruptcy, and Universal Pictures was once again sold.

However, the journey of this sale was extremely unsmooth.

AOL Time Warner was in a very serious financial crisis due to the separation of the family, and they had to sell their business to maintain their own operations. And obviously. They don't have the extra energy to buy Universal Films.

As for Sony, they are very interested, but the subprime mortgage crisis has spread to Japan, and Sony's own profitability is worrying, and it has been continuously disfavored by shareholders, and the acquisition of Universal Movies will obviously increase Sony's operating costs, making it difficult for Sony. So although they are greedy, they can only give up.

France's Vivendi and Coca-Cola both suffered severe losses in the subprime mortgage crisis. One's eyes are bigger than one's stomach..

Disney is interested in annexing Universal Movies, but they are also shy in their pockets, as for the banks, it is too late for banks to protect themselves in the subprime mortgage crisis, how can they have funds for Disney to acquire Universal Movies.

And if they are allowed to use their own funds,

As for other investment banks and funds, there is a lack of interest in Universal Movies.

Why is this happening? Because very simply, in the tide of entertainment integration, the table of individual film companies is not very satisfactory.

First, without the support of media giants, individual film companies suffer from innate losses in publicity, after all, the price of internal resources and external purchase of resources are two different things.

Secondly, the era of movie profiteering has long ended, and compared with the box office of the movie, the surrounding area obviously has more ability to attract money.

And it is clear that propaganda tools will inevitably join the media camp.

In the final analysis, it boils down to one sentence, that is, it is difficult for a film company to live without the support of media giants.

The reason why film has become the third largest profiteering industry after finance and energy after 2010 is that only the media can integrate film resources and form a whole industrial chain.

Without the media, the profitability of movies is simply not enough to watch, which is one of the reasons why the Wall Street consortium that once controlled Hollywood would withdraw from the industry.

In the eyes of Wall Street conglomerates, movies are not a profiteering industry without the support of the media industry.

As for the box office revenues of movies, don't you know who Hollywood studios ask for money when they start making movies? It's an investment bank.

When a film company wants to start making a new movie, they certainly don't pay for it themselves.

Although the benefits of self-financing are very rich, the same risk is too great, and the loss of a film with a large investment may cause a film company to go bankrupt.

In order to avoid risks, these film companies will cooperate with each other, and then if they still lack funds, they will go to the bank, let the bank provide funds to shoot the film for themselves, if the film is profitable, then everyone will share the account, and once the film fails, everyone will bear the loss together.

This is also the reason why with the advent of the subprime mortgage crisis, there will be a large vacuum in the United States.

Hollywood's movie giants are not unaware that in the subprime mortgage crisis, the American people will be more dependent on movies, and the film market will be more prosperous.

But they don't have any money.

Banks have tightened their monetary policy a lot, and no longer invest money to support film companies to start filming large-scale films, while film companies want to shoot with their own funds, but they are afraid of risks, and as for the groups behind them, they are busy dealing with the troubles caused by the subprime mortgage crisis to their companies, and they simply do not have extra funds to support their film companies to shoot large-scale films.

This is also the reason why "Avatar" has skyrocketed.

There are no big productions in the same period, and there are no big productions in the front and back, there is only one "Avatar" in the world, and it was filmed by Cameron, what do fans watch if they don't watch it?

Of course, it is undeniable that "Avatar" is really good, otherwise, fans would not have paid for tickets, and the movie "Avatar" was pushed to the throne of the highest box office in history.

Steve. Keith saw that Li Lin had been silent, silent for a few minutes, and frowned slightly, "You are too anxious about ICQ's offer, I have just become the president of AOL Time Warner, and selling ICQ to you at this time may attract some gossip." ”

"You know, there are still many people in the company who are not convinced, so why don't I sell ICQ to you after I have a thorough grasp of AOL Time Warner?"

Li Lin's gaze suddenly turned cold, "Wait for you to completely master AOL Time Warner?" Steve. Mr. Case, it looks like you're going to break your promise. ”

Thoroughly mastered, that is simply impossible, in the previous life until 2008, AOL Time Warner was not integrated, as for Steve. Keith's abilities.

It's not that Li Lin looks down on him, if he really has the ability to master AOL Time Warner, then a few years ago, he would not have been swept away.

Follow Steve. Case's words, Li Lin estimated that he would wait until AOL Times Warner separated, and he would not be able to wait for the opportunity to acquire ICQ.

"Steve. Mr. Case President, it is not a good habit to break your word and get fat. Li Lin's fingers tapped on the tabletop, "Sometimes, when I relax a little in front of the media, you can't sit firmly under your buttocks." ”

"You have no proof."

Steve. Case's face was still as loyal as the big brother next door, but his gaze was so sharp that people didn't dare to look at it directly, "The board won't believe your words." ”

"It's okay that the board won't believe it, but it's good that someone does." Li Lin crossed his hands and propped them on the table, "For example, an unlucky president who has just stepped down, he should believe my words and then attack you!" ”

"Maybe it won't work for you, but it will definitely cause discontent within AOL Time Warner, and the board will probably seriously consider whether it is appropriate for you to continue in this position, after all, you have proven yourself capable before."

"Are you provoking me?" Steve. Keith was like a lion who had been provoked, and he became angry at once, "Lee, I thought you were a smart person, but I didn't expect you to be a stupid person too. ”

"You think a small defeated general can defeat me?"

"It's ridiculous."

"I don't need to beat you, I just need to get you in some trouble." Li Lin is not afraid of Steve. Keith's fury, "And you are the one who provokes me." ”

His gaze suddenly became stern, "It's a good time to cross the river and tear down the bridge?" I was promised to sell ICQ when you got the position of president of AOL Time Warner, and now you deny it, your reputation is really good. ”

He said sarcastically, "As for you saying I'm stupid? I don't think so, at least I don't get to the point where a founder is ousted as president. ”

Steve. Keys had a bruise on his forehead.

The biggest mistake of his life was to push ahead with the merger of AOL and Time Warner, and then was put forward as president by the board of directors.

But Li Lin mentioned this matter again and again, which was simply a slap in the face.

"Lee, I solemnly warn you not to mention this matter again, if you don't want to anger me completely."

"Steve. Mr. Case, I warn you, please don't continue to test my patience, or I'm not sure I'll do something on impulse that neither you nor I want to see. (To be continued......)