Chapter 138: Exclusive Interview
In the United States, in addition to MGM movies, there is also a MGM Phantom Group.
The MGM Phantom Group was the parent company of MGM Films more than 20 years ago.
After Corkrian's first sale of a MGM movie.
MGM Mirage Group, whose relationship with MGM Films was stripped away.
Since then, MGM Films has become independent, and the MGM Mirage Group is a separate company.
MGM Mirage Group's main business is hospitality, real estate and gambling, and its main business is concentrated in Las Vegas, Nevada.
It is the core corporate property of Corkrian, and it is the uncrowned king of Las Vegas.
This time, what Abel bought from Corkrian's hands was just a MGM movie.
If it is replaced by MGM Phantom Group, it is a giant with more than 200 of the top 500 companies in the United States, and don't think about it without more than 10 billion US dollars.
MGM Mirage Group in Las Vegas.
MGM movies, like the other Hollywood Big Eight, are in Los Angeles.
& 31 month.
MGM Cinema Headquarters, Los Angeles.
This headquarters building is MGM's most valuable property at present.
It has 22 storeys and was built in the 80s of the last century.
At present, the value of the land is about 220 million US dollars.
However, the building has long been mortgaged out in exchange for a loan to keep the company going.
MGM is the whole company, except for the employees, which cannot be used as collateral.
Basically anything of value, including the film library and copyrights, was mortgaged.
That's why it has such a high debt ratio.
After all, if you want to borrow money, you always need some collateral.
Then take these things and mortgage them.
On the top floor of the headquarters building, in the company's largest conference hall.
The entire MGM studio executives are all gathered here today.
Yesterday, they were already notified.
Abel Smith, who has not appeared for nearly a month after acquiring MGM Films.
I will be here for the first time today to preside over today's meeting.
For Abel's arrival, the entire management is basically panicked.
The United States does not have the saying that new officials take office with three fires, but it has similar habits.
With the arrival of a new owner, the company will never continue as it has been.
And in the panicked management.
The most calm,
Instead, it's MGM's current CEO, Alex Yemenij.
Alex Yemenije took over at MGM just last year, less than a year after taking office.
The reason why he seems calm is that Alex Yemenijie knows that others may not necessarily go.
But he himself will definitely be fired.
Because Alex Yemenije is a Kokrian man, or a confidant.
The company has changed its boss, and he, the confidant of the original boss, cannot continue to stay in his place.
Abel and Corkerian have a private agreement, and Alex Yemenijie has already been arranged.
Alex Yemenijie, after nearly a month, can continue to serve as CEO.
It's because Abel needs this guy.
During this month's time, MGM maintained and integrated.
Through Corkrian, Abel kept Alex Yemenige in office for another month.
It's going to make Alex Yemenijie this month, as a knife for Abel.
Nearly a month later.
Alex. Yemenijie cut many projects that Abel did not look down on throughout the company, and eliminated some bloated departments.
MGM has reduced its 1,440 employees to its early 1,000s.
The knife has completed its mission, and Alex
Yemenije also knew that it was time for him to be thrown away.
Fortunately, his old boss, Corkrian, has reassigned him to work at MGM Phantom.
Alex Yemenijie has no worries, and this month's bad guy is very cool.
Of course.
Laying off corporate departments and employees in the U.S. is costly.
Alex Yemenijie fried the staff squid can be so cool.
That's also a new boss.
The new owner is also very rich and doesn't mind spending money on the reason for the squid.
Today Alex Yemenijie is at the high-level meeting where Abel will also appear.
The only thing he wants to know is who will take over as the new CEO of MGM Films.
At nine o'clock in the morning, the door to the conference room was pushed open punctually.
The former MGM movie executives who sat in half an hour early.
They saw a handsome, tall young man who was the first to enter.
Abel Smith!
Everyone recognized the identity of the person in front of them for the first time.
After all, since the beginning of this month, he has left the country in the media across the United States, which is too much.
Behind Abel, six or seven people followed.
It's all the executives of MGM movies, strange faces that they don't know.
In the oppressive atmosphere, Abel took the lead, walked to the main seat in the conference room, and sat down directly.
The people who came with him. stood silently behind him, and they were uniformly dressed in black suits, giving these former high-level executives a feeling of depression.
"Good morning, everyone."
After taking a seat, everyone saw Abel smiling and saying:
"I'm not going to introduce myself. Everyone should know me. If you don't know me, there's no need to stay in the company."
After the somewhat grim opening remarks.
Abel looked directly at Alex Yemenij, who was silent on his left.
"First of all, I would like to thank Mr. Alex Yemenije for his dedication to MGM over the past year."
"But now I think Mr. Yemenij, he's no longer fit to continue as the CEO of our MGM films."
Alex, who has been mentally prepared. Yemenijie, after hearing Abel call his name.
He stood up calmly and with a relaxed appearance:
"Yes. Because of my work and personal ability, I will not continue to serve as the CEO of MGM Films."
"Alright." Abel nodded in satisfaction, "Mr. Yemenij, you can go out and collect your things now. Thank you for all you have done for MGM."
Alex Yemenije nodded calmly, and he turned to leave, walking directly out of the conference room.
As a private agreement between Abel and Corkrian.
Alex Yemenije, this knife borrowed by Abel.
played his last role as a knife, and fiercely shocked the high-level executives of the original MGM movies that remained.
Let these executives realize that the new boss is playing for real today.
fired the CEO as soon as he came up, and the CEO didn't even struggle to resist.
Alex Yemenije is like this, and what about them?
The uneasy atmosphere in the conference room intensified again.
Then they heard the voice of the new boss again, and they focused their attention on a man in his fifties.
This man,
He was one of the people in suits who came in with Abel.
This person looks gentle and elegant, and when he smiles at the moment, he even looks a bit like Mickey Mouse.
"Let me introduce you to Mr. Robert Iger. He was previously Chairman of Disney Animation, but he will become CEO of MGM."
Abel's voice was not hurried, introducing the elegant and gentle Robert Abel.
Egger.
"Now let's ask Mr. Egger to introduce himself."
Disney's animation chairman, to be our CEO?
MGM executives were shocked.
But Alex. Yemenijie had just been fired, and the boss was sitting on it again.
Robert Iger met with no resistance.
This look-alike, Mickey Mouse, has been the CEO of Disney for fifteen years in a parallel time and space, and has single-handedly put a smile on the faces of Disney's elite who dominates Hollywood.
Under the guidance of Abel, he stood just now Alex. In front of the seat where Yemenijie sits.
"Hello, I'm Robert Iger. A lot of people may not know me, but they should know me now."
"That's right, in the past I was the chairman of Disney Animation. But I was so impressed by Mr. Abel-Smith's sincerity that he invited me to come and work at MGM."
"I am happy and hope that in the coming time, I can work with you to make MGM even more brilliant."
Robert Iger also spoke in the same voice as he looked.
Suave and elegant, it doesn't sound aggressive.
Abel nodded beside him, praising David Jones for being able to dig up such a talent.
Because this acquisition of MGM is a bit abrupt.
MGM is in hand, and Abel has not found a suitable candidate to take charge of MGM in his own talent pool.
He thought about it and found that he was the best person to do the job.
There are only two Michaels, namely Ovitz and Levin
But these two Michaels, one of whom is now the president of AA, have been in office for less than two months.
It is not certain whether he can do it well, after all, Ovitz used to work as an intermediary.
The other is Isha and the president of A. Smith Entertainment, Michael Levine.
Isha and A.B. Smith Entertainment are important to Abel.
Abel couldn't find a replacement for Michael Levine, a manager he trusted and competent.
In addition, Michael Levine may not be able to be the president of MGM, he was also an intermediary before.
Except for these two people, Abel has no talent suitable for being the head of the film company.
When I was helpless,
David Jones suggested to him that perhaps he could find someone through a headhunter.
This is the best way to do it when there is no one on your side.
Abel agreed.
Subsequently, David prepared five candidates for Abel through a headhunting company.
Of the five candidates, Abel chose Robert Iger at a glance.
This has just been the chairman of Disney Animation for a short time.
The main thing he remembers,
In parallel time and space, the person who later replaced the current Disney president Michael Eisner and became the new Disney president was Robert Iger.
Combine this with Robert Iger's experience.
Abel confirmed that it was this Robert Iger.
brought Disney in parallel time and space to the point of being the first in Hollywood.
He immediately asked David Jones to contact the other party, and then let the headhunter take action.
Robert Iger didn't want to leave, he had been at Disney for several years.
It was not easy for him to become a top manager, and there are still many shareholders on Disney's side who like him.
But Abel has the ability to make money.
Abel offered him an annual salary that was far more than twice as much as his salary as the chairman of Disney Animation at this time.
There are also better quality benefits than he did at Disney.
There are also equity dividends that he cannot get at Disney in the short term.
MGM can give it here.
And Abel also promised,
MGM lacks the most money, and it will not be lacking again.
In addition, before this, Abel had already waved his hand.
Won James Cameron's latest super blockbuster.
The $500 million budget is what it says.
Whether it's Hollywood or the American entertainment industry, no boss has ever been so generous.
Although Abel's behavior was privately ridiculed by those entertainment giants as "people are stupid and have a lot of money".
But this kind of person is stupid and has a lot of money.
Isn't it exactly Robert Egger who is the favorite type of professional managers?
The salary can be doubled immediately, the benefits are good, and there is the right to dividends in the future.
The boss was generous in terms of money and budget.
Robert Iger hesitated for a week and finally decided to resign.
Immediately after his resignation, he came to Abel's side to take over as CEO of MGM Films.
Alex Yemenij was fired at the speed of light.
Robert Iger's ascension to MGM's new CEO has been nothing short of turbulent.
After Robert Iger sat down in the position of president of the company.
Abel began a new appointment.
Outside of the CEO.
& CHO,
That is, the chief financial officer and the chief people officer have also been replaced.
These two positions,
Abel directly promoted two outstanding employees in Smith Capital and parachuted in.
Then there was the original general manager of Marvel Entertainment, who was appointed as one of the company's vice presidents.
The former general manager of Marvel Studios, a subsidiary of Marvel Entertainment, was appointed as the deputy director of MGM Films, Film and Television.
Several Marvel original executives are completely integrated into MGM movies.
Marvel, which has two or three kittens, officially became a subsidiary of MGM Movies.
A series of new appointments, new personnel.
The original MGM high-rise, naturally someone had to move the position.
Some were dismissed directly, some changed jobs, and some were demoted.
Tie in with the previous Jean Alex. Yemenijie, a knife that moves against the middle and lower echelons of the company.
It can be said that all of a sudden, the whole MGM movie was suddenly renewed.
And when all these appointments were completed, Abel asked the new CEO, Robert Iger, to speak again.
Robert Iger was not verbose, he had been prepared.
This one is in a parallel time and space, after 2015.
The elite manager, who has been rated as the first of the 100 most powerful people in Hollywood many times, has refreshed many MGM executives when he opened his mouth.
Robert Iger said:
「. We need to put most of our time and money into creating high-quality branded content."
「. We need to embrace technology to the fullest, use it to create higher quality products, and then reach more consumers in more advanced and accurate ways."
「. We have to be truly global."
「.」
After Robert Iger finished speaking, Abel came out to make his closing remarks.
"I'm different from Robert Iger. I trusted him and gave him the company."
"And all I can do is support him, MGM."
"I'm announcing that I'm going to inject another $500 million into MGM later!"
"So, so be it. That's the end of the meeting, so please work hard."
By this time, in the conference room.
For the first time, there was a heartfelt applause.
Half a billion dollars
None of the eight parent companies in Hollywood have ever been so generous!
But Abel did.
A $500 million investment has already been injected into Cameron to develop new films and new technologies for filmmaking.
Now another $500 million has been injected, and two injections have exceeded $1 billion.
Such a generous, and wealthy boss.
Not to mention the previous MGM.
The whole of Hollywood, or the entire American entertainment industry, can't find a second one.
With such a "stupid person and a lot of money" boss, who doesn't like a worker?
End of the meeting,
Robert Iger got to work without stopping.
He led the executives to another place for another small meeting.
That's the main dish for today, and it will determine the work of MGM for the next period of time.
For example, which movie to shoot, what TV series, which company to cooperate with, etc.
On Abel's side, he didn't leave.
When everyone was gone, David Jones walked in.
「BOSS。 The New York Observer reporter is on standby outside."
"Oh?" Abel was stunned, and then remembered that there was such a thing.
That is, he planned to have the New York Observer weekly conduct an exclusive interview with him.
At the same time, this is also the first official interview with the media since his rebirth.
In fact, before this, including but not limited to the Wall Street Journal, ***, Los Angeles Times, USA Today, *** and other largest newspapers in the United States, have invited him to interview.
"Forbes", "Fortune", "Time" and other current affairs, financial weekly, and monthly magazines also sent him an interview invitation.
Even fashion magazines like Vogue have a similar invitation.
Basically, it can be said that due to the presence of Smith Storm.
For nearly half a month.
All the well-known and not-so-famous newspapers, magazines, and television stations in the United States.
All sent him an invitation for an interview.
But these invitations were all politely declined by him.
Kidding, he has his own magazines and newspapers.
For the first time of this kind,
Magazines and newspapers that are not reserved for oneself are used to strengthen the visibility of these magazines and newspapers.
Do you want to be cheaper than other competitors?
The American Sun picked up a wave of heat, plus the lure of bonuses.
In a very short period of time, it became famous and increased its daily sales to 800,000-900,000 copies per day.
Even among these sales, maybe half of them buy it and don't watch it, just to join in the fun and get a bonus.
But this is successful enough, don't you see that there are already imitators on the market?
Someone imitated the newspaper bonus of the American Sun and made something similar.
The prize money is as high as 10 million dollars a month, which is 10 times more than that of the American Sun.
It's just that the other party doesn't have Abel's popularity, and there are a lot of imitators, so the popularity has been robbed a lot.
There hasn't been much movement at the moment.
Unlike the American Sun, because Abel is the boss.
People are very kind to his personality and want to see what makes his newspaper different.
This is why the popularity is so high and the sales volume is so high.
Newspaper bonuses can only be regarded as icing on the cake.
Without his popularity, he simply engages in this kind of marketing. If it had worked, there would have been clever capitalists long ago.
Don't wait for Abel to invent it.
It is necessary to have the popularity of Abel first, and then this kind of marketing, and then there will be the popularity of the American Sun.
The American Sun is up
Abel, of course, can't favor one over the other.
The New York Observer had been waiting to be fed for a long time, so it sent the entire editorial department to kneel down and beg the boss.
It's just that Abel felt that the timing was not right before, so he never agreed.
This time he felt the time was right and began to loosen his mouth.
The most elite team of journalists has long been dispatched.
"New", which has been waiting for the boss
About the Observer", naturally the fart came upside down.
"Let's interview here." Abel spoke:
"I don't have to look anywhere else. Later, you can take a cover photo, and you can also take a picture of the MGM logo in the back to add a little more heat."
David Jones nodded, "Okay, I'll let them in."