Reborn Resource Tycoon

Chapter 978 Invitation

ps: ps: Thanks to book friends Ziyang 11111, Ye∮Lang, and Wentianding (two) for the monthly tickets.Ask for monthly tickets and recommended tickets!

The status quo of MGM is even worse than that of Columbia Pictures back then!

Hei Jingjiro naturally saw the change in Fang Mingyuan's expression. He was also a person with a long history of society, so he immediately understood Fang Mingyuan's thoughts.

He also knew that, in fact, it was no wonder that Fang Mingyuan thought this way. Since Sony Corporation bought Columbia Pictures in the last century, it took more than ten years, and Fang Mingyuan was among them, to make Columbia Pictures successfully on the right track. , It has not been a few years since turning losses into profits, and the situation of MGM is even worse than that of Columbia Pictures. Even if Sony successfully acquires it, it may be another hot potato.

But Sony is also really interested in MGM. MGM’s film library has more than [-] film copyrights, and Columbia Pictures’ film library is enough for Sony to own more than half of Hollywood. film rights!Having patented the next-generation DVD format "Blu-ray," Sony certainly wants to take the lead in the fight against industry standards for HD-DVD technology.And in this area, the choice of these Hollywood film companies is very important.

Moreover, the acquisition of MGM also has obvious benefits for Sony to further consolidate its position in the global entertainment audio-visual market.Sony believes that with the expansion of the world's broadband network in the future, the business of providing movies to households connected to the network will gain considerable development.In this way, Sony, which owns a huge amount of film copyrights, will gain huge profits from it.

"Fang, this time, we plan to unite several companies to form MGM Holdings and acquire 70.00% of the shares from Kerkorian, the current major shareholder of MGM." Hei Jingjiro said with a smile, "Up to now, Providence Property Cooperative, Comcast Corporation and Texas Pacific Group Corporation have been interested in participating. On behalf of Sony Corporation, I sincerely invite you, Mr. Fang, to participate."

Fang Mingyuan's heart skipped a beat, it seemed that Sony was a lot more cautious this time.Pulled several allies to jointly acquire MGM.In this case, Sony's risk is indeed reduced a lot.

After Hei Jingjiro finished speaking, he looked at Fang Mingyuan nervously, looking forward to his reply.

Sony's board of directors is indeed very tempted to cooperate with MGM.Also think there is a need to acquire it.But the lesson of the acquisition of Columbia Pictures that year.This made Sony's board of directors not very optimistic about the prospects after the acquisition of MGM.That's why I decided to take the lead by myself, and then united with several allied companies to jointly acquire MGM.In addition to Providence Assets Cooperation, Comcast, and Texas Pacific Group, many people on Sony's board of directors also mentioned Hong Kong Kumho Film Group and Fang Mingyuan.

If it is said that Hong Kong Kumho Film Group and Fang Mingyuan can be successfully persuaded to join the joint acquisition, it is undoubtedly an insurance for MGM's turnaround after the acquisition, and it can also boost the big guys their confidence!

Now, it is not just Sony who is looking at the fat piece of MGM. Time Warner and General Electric have announced their acquisition intentions. These two companies are also out-and-out predators. In their tiger's mouth, the price to be paid for taking MGM under the banner of their own company must be indispensable.

And if the Hong Kong Kumho Film Group and Fang Mingyuan can join, on the one hand, they will have sufficient financial guarantees. The Hong Kong Kumho Film Group can be said to be the most profitable company in the world's film industry today. Its big-budget films, from Since the establishment of the company, no one has lost money. This is an unimaginable achievement in Hollywood, where blockbuster films have been released frequently in recent years.On the other hand, it was Fang Mingyuan's deterrent power.Although Fang Mingyuan said that he seldom gets involved in Hollywood, even the Oscars are always received by other people, but no one dares to underestimate his influence!

It can be said that the Kingfisher Film Group and DreamWorks Films are already his out-and-out allies, and he has a very good personal relationship with many well-known directors and actors in Hollywood. For such a person who can guarantee box office and The talented screenwriters, directors and actors of the award are naturally flocking to it.It can be said that in this way, the financial and psychological pressure that Sony will face will be greatly reduced. Although it will also be part of the benefits shared by Hong Kong Kumho Film Group, but compared with the benefits that can be obtained and the risk of sharp reduction In comparison, this is nothing.

In April of this year, Sony Corporation announced last year's financial report, a huge loss of billions of dollars, which caused the market price of Sony Corporation's stock to fall by a quarter in two days, triggering the Japanese stock market's high-tech The collective dive of the company's stock is called the Sony shock.Due to the impact of the epidemic, Sony's performance in the first half of the year was also very unsatisfactory, which is why the company's board of directors was quite cautious in the acquisition of MGM.

Moreover, Sony also hopes to take this opportunity to further strengthen the cooperative relationship between the two parties, at least to ensure that Gamestation is relatively neutral in the future war of home travel consoles.Otherwise, ps2's life is not easy.Therefore, when Hei Jingjiro learned that Fang Mingyuan was also in Hollywood, he immediately contacted him.

Fang Mingyuan said slowly: "President Ping Jing, with all due respect, I don't see any direct benefits to me and the Hong Kong Kumho Film Group Company in this matter. To be honest, apart from the copyright of the 007 series, there are also MGM doesn't hold much appeal for me, except for the rights to "Tom and Jerry." But getting involved in the acquisition of MGM in order to get the rights to these two films is a joke. "

Hei Jingjiro was stunned for a moment, he didn't expect that Fang Mingyuan would give the answer of rejection so quickly, but the result was not completely beyond his expectation.MGM is not very attractive to Hong Kong Kumho Film Group, which is what they thought in advance.Because the Hong Kong Kumho Film Group was originally independent of Hollywood, but because of the Kingfisher Film Group, DreamWorks Films and Columbia Pictures, it is also closely connected with Hollywood, so it can’t eat MGM. , for the Hong Kong Kumho Film Group, it is not an indispensable thing in the development process.

Moreover, the Hong Kong Kumho Film Group has also begun to independently produce and distribute its own works, and has achieved very good results. Under such circumstances, handing over the script to MGM for shooting, from a certain point of view, is actually in the Divide the revenue of Hong Kong Kumho Film Group.Hong Kong Kumho Film Group does not have any heavyweight media, cable TV companies and TV stations, let alone audio and video distribution units, and in the mainland of China, pirated audio and video are rampant, MGM's movie library, for Hong Kong Kumho Film Group Said, more like a chicken rib.Otherwise, I am afraid that the Hong Kong Kumho Film Group has already jumped out to make an acquisition.

"Mr. Fang, if we say that we are willing to hand over the operating rights of MGM to Hong Kong Kumho Film Group, is Mr. Fang interested?" Hei Jingjiro asked again, "Also, we can agree that Hong Kong Kumho Film Group Lake Film Group's shares in the holding company are no less than 20.00%, no more than 20.00% five, and can get double voting rights!"

Fang Mingyuan's heart couldn't help trembling. It has to be said that the conditions offered by Sony are generous enough, and the operating rights are controlled by Hong Kong Kumho Film Group. That is to say, for a long period of time in the future, Mi Gao Mei's development direction will be controlled by himself.Although it is said that they cannot get a controlling stake, close to 50.00% of the voting rights are enough to ensure that MGM will develop according to its own decisions on many non-principle issues.

Although MGM is already on the verge of bankruptcy and has been reduced to a second-rate film company over the years, no one can deny its strong foundation. Otherwise, how could Time Warner, General Electric and Sony be like the famous Surrounded like a fishy cat.If it is said that the right to operate can be grasped by itself, it will have an important impetus that cannot be ignored for further expanding the position of Hong Kong Kumho Film Group in Hollywood and even the world film industry.If this is the case, there is a real meaning to participating in the shares.

Hei Jingjiro noticed the subtle change in Fang Mingyuan's facial expression, and he breathed a sigh of relief. This is because he is not afraid that you will ask a high price, but that you will not be tempted at all!

At this moment, the staff brought another acquaintance Fang Mingyuan was no stranger to - Shania!

As soon as Fang Mingyuan stood up, Shania rushed over and gave him a passionate hug. If Fang Mingyuan hadn't turned his head in time, it would have turned into a kiss!But even so, Shania still left a faint hickey on his cheek.Hei Jingjiro, who was watching from the side, widened his eyes.

"Long time no see, Fang!" Shania let go of Fang Mingyuan, but still hugged his arm, as if worried that he would run away.

"Well, it's been a long time!" Fang Mingyuan wiped his cheeks with his hands helplessly. If he had lipstick on his face, he would be causing trouble for himself.

Shania smiled and said: "It's okay, my lipstick color today is very light, if you don't look carefully, you can't find it."

Fang Mingyuan shot her a sideways glance, and if he didn't look specifically, he wouldn't be able to find it, so wouldn't he still be able to see it?Shania pouted, took out a tissue from her small bag, wiped it carefully and said, "Okay, it's gone now." (To be continued...)