As a result, the business situation of MK pictures, founded by Kang Di-kyu, the director who once directed "Life and Death Transformation", and MK pictures, founded by Myung Film, a producer of "JSA in the Joint Guard Area", was also deteriorated, and it also affected Orion, one of the main film companies.

When mentioning this secret, Kevin Tsujihara did not show his appearance as an outsider. Because he was not familiar with the Korean film industry, he would show that he was not very comprehensible.

On the contrary, it seemed like I had read a lot of information in advance, so I naturally continued to say Li Xianzhe.

"When I analyzed the feasibility of acquiring Megabox a long time ago, someone inside Warner analyzed the acquisition that year. They said that abox cinema was expected.

As the profitability of the Korean film industry decreased at that time, Orion, whose financial capabilities were weaker than those of CJ or Rakuten, was determined to give up his career.

Some data has to be referenced here.

Megabox's performance in 206 worsened compared with 2005.

Although sales increased from 99.9 billion won to 109.1 billion won during that period, operating profit and net profit decreased from 14.1 billion won and 10.3 billion won to 14 billion won and 8.7 billion won respectively, respectively.

At that time, a research committee member of Mirae-asset Securities analyzed: "Because I was unable to make an offensive investment when I was squeezed out by CJ and Rakuten, I simply decided to sell it.

Orion will use the funds obtained from the sale to invest in Chinese or American movies, etc., and will find motivation for growth."

Lee Hyun-cheol nodded. This was also the cause and effect of Megabox, a large theater chain, being eventually acquired by an Australian investment group. However, at that time, when Megabox was acquired, some filmmakers who held pessimism and idealism sang a bad song about it.

They believe that local theater chains were acquired by foreign companies, which directly guaranteed the increase in the number of Hollywood movies introduced before the Korean Landing Association, which would inevitably cause unimaginable blows to Korean movies.

Lee Hyun-cheol just smiled. Speaking of this, this group of people defended against Hollywood is just like defending against thieves.

Vigilance and unity are really first-class, but he feels that if these senior filmmakers cannot produce good works.

First of all, local audiences have lost confidence in Korean movies, and even if they completely eliminate Hollywood movies and enter South Korea, it will be futile.

In recent years, the development of Korean films is still being released every year like a squirt. Many movies frequently shoot works, but most of them are still trading at a loss.

Every time he thinks of this, Li Xianzhe will think that after the establishment of the film department of Empire Entertainment, people in the entire department are revolving around the script he took out.

He is not sure how far the company's film department will go in the future, but at least it will make the movies produced by Empire Entertainment a "unique" in the eyes of Koreans.

So much so that as long as you see the words "produced by Empire Entertainment", you will definitely pay to go to the cinema to watch, which is his ultimate goal.

Now, Kevin Tsujihara proposed to let him acquire theaters, which undoubtedly indicates that his film career will develop in a better direction.

Finally, the two finalized a detailed plan to assist with Warner Bros.'s sniping at the Korean comprehensive investment company behind Megabox.

But in fact, in this acquisition plan, Warner only used Kevin Tsujihara's personal connections.

Lee Hyun-chul is responsible for taking over all matters and part of the capital investment after the acquisition.

It is better to say that it is two big companies, it is just a game played by Kevin Tsujihara and Lee Hyun-cheol.

Lee Hyun-cheol himself will own one-third of Megabox's theater chains in South Korea and the global market through investment, and the remaining two-thirds belong to Kevin Tsujihara and Warner behind it.

Even so, more than 30 cinema chains in South Korea will be subscribed to Lee Hyun-cheol and Imperial Entertainment.

And for this cooperation, Kevin Tsujihara proposed to add one more.

Afterwards, Empire Entertainment will become the spokesperson for Warner Bros. in South Korea, ensuring the release quota for Warner Bros. and Hollywood movies in South Korea.

Similarly, Empire Entertainment, as the spokesperson, has a high degree of "autonomy".

The movies you shoot can be given priority to be released in the acquired Megabox theaters.

At the same time, the movie can also be released in theaters under Warner's control.

"I wish us a successful start and a happy cooperation."

After agreeing to take the ride, Kevin Tsujihara raised his glass and smiled slightly at Lee Hyun-cheol.

“Happy cooperation!”

Ding~~The two glasses filled with beer were gently rolled together, and this conversation also became a watershed in Li Xianzhe's personal career.

"I'll ask you to do the DC movie universe. This time, although don't worry, Warner has made up his mind to support it with all his strength and guaranteed to give the greatest concessions."

After a collaboration was discussed, Kevin Tsujihara casually mentioned Lee Hyun-cheol's scripts.

"Even Jeff Jones praised your script level and planning, and the senior executives within Warner finally realized it."

“It’s not easy to see you work together to make a decision on one thing.

If it were a little bit, DC might have risen before Marvel."

Kevin Tsujihara blinked. Whether Lee Hyun-cheol said this, mocking them for delaying a lot of great opportunities in the internal struggle, or suddenly sighing, these are all established facts that cannot be refuted.

But now, the opportunity is finally truly in control by Warner.

And there are people who can truly trust and they coordinate the overall situation. In addition to delegating power and allocating funds, they can sit firmly on Diaoyutai and concentrate on other matters.

It is impossible to put all your belongings on Lee Hyun-chol and DC, just like Disney.

Although they acquired Marvel, their business still made cartoons and Disney live-action movies.

But after all, Kevin Tsujihara thought that he and Lee Hyun-cheol had a complete alliance, and that the community of interests would prosper and lose all their losses in one year.

Even they themselves are too lazy to sort out the connections and entanglements, so how can they tell the people outside?

In fact, the acquisition of Megabox from Australia's McGrie Group seems to be amazing.

But in fact, the theater chains owned by Megabox are so few that even many giants don’t look down on them.

The only meaning worthy of attention is that once Megabox's future changes, it will directly affect the film industry and structure of South Korea.

Whether Megabox is currently in Seoul, or in South Korea, it will be difficult to predict the impact on Korean movies as long as it is not a local company.

At this moment, Lee Hyun-cheol's cell phone placed under the towel on the edge of the pool rang. When he saw the call prompt, it turned out to be Kevin Feige.
Chapter completed!