Chapter 820: I Have a Friend
Integration is expected, and it seems that all the acquired companies will go through this step, which is a good thing for MGM now.
For a long time, MGM's problem has been that the profit model is too simple.
It can only be relied on by movies.
The movie can only rely on "007".
There is no ability to resist risk, so successive acquirers have tried to change that, tossing things like resorts, hotels, and coffee.
Of course, from now that MGM wants to sell himself, you can know that these attempts have been very unsuccessful.
If you sell it, you can concentrate on making movies.
Now MGM doesn't have to worry about a single issue.
Before leaving for China, Gary Barber and Mary Parente researched Kleist Culture Technology Co., Ltd., a Chinese company.
They were surprised to find that this company, which was established less than six years ago, spans entertainment, Internet, technology, automobiles, drones and other industries, and has the largest live broadcast platform in China, the second music kingdom, and the fourth video website......
60 billion yuan invested in the chip industry.
30 billion to build a car.
30 billion to build online and offline retail ......
A proper business giant.
What makes them even more incomprehensible is that such a company has not been listed.
Being acquired by such a company, I am worried about the singleness of a fart.
What makes them feel like a treasure with a mother is the company's strong strength in film production and distribution.
The company released a movie "Xinshu Mountain" last year, which grossed nearly $1.1 billion and won 90 million at the box office in North America.
They were in Hollywood, and they knew better than anyone the impact of the movie at the time.
From this movie, Hollywood filmmakers were horrified to find that Chinese films are extremely competitive in terms of special effects and production.
Many people say that this company will be the enemy of Hollywood movies in the future.
Now, this enemy has become MGM's father.
Dad, he hit me~
Good boy, dad will help you beat them~
Give you money, give you special effects, give you resources......
It's nice to have a dad with a baby!
The first installment gave $3.8 billion, which brought tears to Gary Barber and Mary Parentt.
It's really in vain that we became two or five boys in advance.
That's right, the company threw $10 billion at the project.
All that is left over from the acquisition money becomes development funds.
Hollywood movies, although blockbusters and blockbusters are overflowing, but on average, $100 million is enough to make a very good blockbuster.
$3.8 billion is enough for them to shoot 38 films.
In fact, their budget last year was 50 million, and they could only shoot three or six films.
Therefore, he had to follow Warner behind his back to eat the leftovers of "The Hobbit".
The gap is simply too great.
If you want to understand what the concept of $3.8 billion is.
Let's take a look at the report cards of major Hollywood studios last year, 2016.
Disney has released a total of 13 films, and these films have reached $3 billion at the domestic box office of Mego; Warner, which launched 25 films, grossed $1.9 billion domestically at Mego; $1.5 billion for Fox, which launched 17 films; Universal, which also launched 17 films, was $1.4 billion; Although Sony has released 21 films, the company's domestic box office is only $911 million, and Paramount, which has released 15 films, is only $877 million.
That's $3.8 billion, which is higher than any of last year's box office.
Excluding distribution and theatrical sharing, etc., the box office generates less profit.
The impact was too strong and it didn't feel very real to them.
They work hard to control their expressions, and they can't lose face in front of the Chinese people, we are the elite of rice crackers.
"That's probably it, the two of them started working immediately after they went back, and with our documentary "Big Cat" being launched around the world, everyone will be able to see MGM's new logo at that time, and this movie will be counted as MGM's performance indicators this year." For the sake of Mr. Lin, Pei Qianlong still did not hesitate to give a dry mouth.
Regardless of whether Mr. Lin's ambition is the European and American film market, or simply wants to promote Kleist's brand to the world, he does not want Mr. Lin to be disappointed.
With a large investment of 10 billion US dollars and 67 billion yuan, we must not lose money.
"There is absolutely no problem, I can run in terms of distribution, I actually want to confirm, can we really call the shots with this money?" Gary Barber finally chose to ask directly.
"To a certain extent, it's up to the mark." After Pei Qianlong heard this question, he motioned to Shi Shanshan, the president, to explain.
This belongs to the company's rules and regulations.
"3.8 billion will be placed in MGM's account, reviewed by MGM's finance department, and then reported to the group for approval." Shi Shanshan said.
Of course, it's impossible to say that you can take it all if you want.
Many people come to Mi Guo with huge sums of money, and as a result, people not only don't care if the money is legal or not, but also deliberately cover it up, so as to attract more money to integrate into their social system.
They will not protect the interests of crooked investors.
Therefore, it is necessary to use certain processes to protect the safety of funds.
The dispatch to MGM's finance department is a further guarantee.
"For example, I have a friend ......," Gary Barber tries to illustrate with examples.
"Poof!" One after another, the executives in the conference room did not control themselves.
Is it also popular for foreigners to make friends in the dirt?
Poor Gary Barber, he doesn't know what he said wrong, is this the gap between Chinese and Western cultures?
Shi Shanshan couldn't help laughing, and in order not to let the relationship between them gap, she popularized this domestic Internet joke to the two foreigners.
Gary Barber also laughed, and he quickly explained: "But I really don't have friends out of nothing, I'm talking about Graham King, maybe you've heard of his movie "The Departed" or "Hugo". ”
"I like his "Foreseeing the Future" more, it is a very good setting, but unfortunately Nicholas Zhao Si failed to turn over." Du Qixi had obviously heard of this person.
When he brags to others, he likes to mention different directors.
People in the directing department brag about it, and they must also have knowledge content, just like junior high school students writing essays, and famous quotes are a plus.
"Yes, that's him." Gary Barber was very happy to know an old friend, and he went on to explain: "This friend of mine, he's always wanted to bring Queen's experience to the big screen. ”
Queen, if you're unfamiliar with the name, when it comes to We Will Rock You, it's almost a household name.
However, this is already the work after the disbandment of their group.
In 2004, the BBC produced a documentary about Bohemian Rhapsody, which allowed former bandmates and songmakers to reminisce about Queen's youth.
Since then, Sony has been working on the biopic in an attempt to tell the story of the legendary band more fully.
Unfortunately, by 2010, Sony sold the rights to 20th Century Fox and completely abandoned the idea.
This year is 2017, seven years later, 20th Century Fox has not put the film on the agenda.
Graham King hopes to make this biopic in his lifetime.
A biopic that Gary Barber hopes to use to test how much authority he has in his new company.