The current market value of DreamWorks is around US$4 billion. As long as DreamWorks' board of directors agrees, an acquisition is not difficult.
The next topic discussed was the acquisition of Digital Domain and Lucasfilm.
Lucasfilm is a film company founded in San Francisco in 1971 by George Lucas, the father of "Star Wars". The name of Lucasfilm may not be famous, but its subsidiary Industrial Light and Magic (ILM)
), definitely has a global reputation. Industrial Light and Magic is the world's well-deserved leader in the special effects industry. Almost all big-budget movies in the world have Industrial Light and Magic involved in post-production.
What Shao Shuaijun wanted was Industrial Light and Magic.
In addition, Lucasfilm also has subsidiaries such as Skywalker Sound Effects and LucasArts, which are responsible for post-production sound effects synthesis, game production, etc. Affected by the subprime mortgage crisis and fierce competition in the special effects industry, Lucasfilm has
It was unable to make ends meet, the losses were serious, and the company was on the verge of bankruptcy.
A skinny camel is bigger than a horse, and the current market value of Lucasfilm is around US$4 billion.
Digital Domain (D2) was a special effects company founded by Cameron and his friends. By 2008, it had lost tens of millions of dollars. In 2009, Paramount paid for it and Michael Bay acted as an agent to acquire D2. But this
This acquisition did not save D2, and it continued to lose money year after year.
Paramount no longer wants to take in such a money-losing company. This is also the best special effects company for Summit Entertainment to acquire. Compared with ILM, which has a market value of several billions, D2 is so cheap that it is priced at less than 200 million U.S. dollars. This includes
Debts to be repaid.
Once these acquisition plans are approved, it can be said that Summit Entertainment will truly impact the ranks of major global film companies in 2011. It will no longer be an upstart or an independent film company, but a major studio.
…
After the meeting, the management went away excitedly to do things. Only when there is a goal, the action will be powerful.
Shao Shuaijun, Li Xiuxiu, Mitchell, and David went to a conference room alone, and there were more important things waiting to be discussed.
After closing the door of the conference room, David Joe Cole took out a document: "This is the 2010 financial statement of MGM provided to us by Mr. Carl Icahn. From the table, MGM's
Operations are chaotic, investments are scattered, and the internal property rights structure is very complicated. According to my calculations, MGM currently has a total of approximately US$3 billion of Sony's liquid funds, which has already cost Sony half its life."
MGM, a brilliant name, is almost synonymous with Hollywood movies.
He made the most outstanding movie in history, "Gone with the Wind." Taking into account inflation, the box office of "Gone with the Wind" was higher than that of "Avatar." It is definitely one of the best box office movies in the world.
There was once a movie released almost every week, and its logo, Leo the lion, became a symbol of the United States.
He also created the classic 007 series that has been active on the big screen for decades, and the enduring animated cartoon "Tom and Jerry", initiated the establishment of the American Academy of Motion Picture Arts and Sciences, and launched the Academy Awards!
Such an immortal film company was once on the verge of bankruptcy at the beginning of the new century. The U.S. government tried various methods including tax exemptions and credit, but failed to save it. In 2005, MGM, which was already seeking bankruptcy, failed to save it.
It was announced that the merger was successful by Sony Corporation for US$5 billion.
Since then, the name MGM has not disappeared, but it has been removed from the ranks of major Hollywood film companies.
Five years later, Sony's original excitement has completely disappeared. The acquisition of MGM can be said to be Sony's most failed business plan. In the eyes of financial investors on Wall Street, MGM is their way to get money from Sony.
The biggest representative of the body-cutting tools is corporate predator Carl Icahn.
Wall Street has conquered the world, and even the U.S. government is controlled by them. Wherever there is interest, there are Wall Street financial experts. However, for decades, Wall Street has attacked Hollywood time and time again, and ultimately declared failure. Michael
The May merger was also a failure.
Not only did it fail to make MGM fly and cash out and make money, it instead became a rotten battlefield that perished with Sony. It can be said to be Carl Icahn's biggest shame.
Hollywood is a combination of art and business, and the magic of movies has allowed it to remain pure despite the impact of Wall Street. The profit-seeking businessmen on Wall Street couldn't get away with it. Carl Icahn saw this and approached Summit Entertainment.
To solve the MGM mess, we have to solve it from within Hollywood.
"Icahn's intention is simple. He will provide us with the money to acquire MGM and reorganize it, dragging Sony's capital into MGM and sinking it deeper. He will use the Icahn Cooperation Fund and the AREP Fund to initiate a
The impact of Sony forced Sony to completely withdraw from MGM, allowing Icahn to win the dominance of MGM."
David continued: "Sony abandoning MGM will mean that billions of dollars have been wasted, which will become money in Icahn's pocket. And Icahn will use his 29.7 shares of Lionsgate Pictures to
As well as part of the restructured equity of MGM to repay us, we can even obtain MGM's huge film library resources. Moreover, if Sony wants to withdraw, it must obtain our consent, and by the way, it will threaten the copyright of Spider-Man.
Negotiations will definitely go smoothly."
"So, you have made a decision?" Shao Shuaijun asked casually while flipping through the financial statements that he could not understand. Having this meeting today means that the company has made a decision. Li Xiuxiu has already mentioned it. Shao Shuaijun just repeated
ask.
Mitchell Bruce said with a smile: "From any point of view, we have more advantages than disadvantages. As long as we do not touch the shares of Summit Entertainment, establish several shell companies, and perform a show, we can get huge returns after success."
, there’s nothing to lose if you fail, so why not agree?”
"In principle, our senior management has agreed to this plan," David said.
Dream Chasing Entertainment Group has four management levels: top executives, senior management, middle management and grassroots management. The top executives are only Li Xiuxiu, Yi Jianmei, Mitchell Bruce and Kevin Feige, and the senior management are
Including the heads of various important subsidiaries.
Through property rights and shares, the entire management is linked together to make top-level confidential decisions.
"Then, let's do it. You do your thing and I'll make my movie." Shao Shuaijun was not interested in fighting a financial war.
The decision had been made, and Carl Icahn responded quickly. The next day, he invited Shao Shuaijun and his wife to play golf at a golf course, showing that they were happy to cooperate. Subsequently, Summit Entertainment held a shareholders' meeting and officially made the decision.
The decision to acquire MGM was announced on the official website.
Almost as soon as the news was announced, Hollywood was in an uproar, and the film industry around the world was in an uproar.
"Breaking news! Summit Entertainment has launched its acquisition plan for MGM and has sent negotiation invitations to MGM's major shareholders Providenc Screen Actors Guild, Texas Pacific Group, Sony Corporation, Comcast, DLJ Commercial Bank and Quadrangle Group
.”
"Summit Entertainment, the most dazzling independent film company this year, will acquire MGM, the once most dazzling major film studio. Will the Hollywood film legend continue to be passed down in this way?"
"Is it blind investment or prudent analysis? Wall Street financial experts explain to you the three feasible options for Summit Entertainment's acquisition of MGM!"
"DLJ Commercial Bank has responded to Summit Entertainment and can negotiate!"
"Where did Summit Entertainment get the confidence to acquire MGM? The box office champion in 2010 was so overwhelmed by victory?"
"Comscart has responded to Summit Entertainment and can negotiate!"
"Summit Entertainment's failure was to acquire MGM and seek death. Didn't Sony learn from its past mistakes?"
"The annual box office exceeded the 5 billion mark. Summit Entertainment was not satisfied with its status as an independent film company and began to plan to become a major studio. According to an anonymous executive from Summit Entertainment, the acquisition of MGM was just one of the company's many major moves in 2011.
, Dingfeng Entertainment now has sufficient funds, what we need to worry about is whether it can be spent."
"Since Marvel Comics, MGM has also been snatched away by the Chinese."
There is a lot of buzz in the media, but hidden under the surface, it is Carl Icahn's driving force. Long before cooperating with Summit Entertainment, Icahn had already bribed DLJ Commercial Bank, Comcast and other major shareholders, and laid out the plan for several years.
For a long time. Now is the time to invite you to the urn.
Not only was the media manipulated, Shao Shuaijun also worked very hard to show his face in the media. When announcing the start of the second filming of "The Night Watcher", some media asked about this acquisition. Shao Shuaijun said: "I am just a director. I asked
The company's management asked if they could buy MGM. I was very interested in some of MGM's old movies. They held meetings and researched it, and finally confirmed my question and said it could be acquired, so we were ready to acquire it.
"
Since the remake of the "Planet of the Apes" series became a big success, Shao Shuaijun's vision has been regarded as God's guidance. He said that MGM's old movies have potential, which immediately made many people think highly of Summit Entertainment's acquisition of MGM.
.
It's not that MGM can't produce blockbuster movies, the glory of 007 has never been extinguished. The key is that one or two movies cannot support a large company. With Shao Shuaijun's affirmation, it means that MGM's future will have a bright future.
There are many blockbuster movies that could bring MGM back to life.
"Shao, you are so proud. Just after your interview was broadcast on TV, people from Sony agreed to negotiate. You know, Sony had already ignored me for two years!" Carl Icahn called.
.
"Haha, that's good." Shao Shuaijun didn't talk much. He had seen the Prism Project in later generations and knew that all the phone calls in the United States were monitored. If they talked too much on the phone, the secret might be exposed, so he had to be on guard.
The situation has been laid out, the blueprint has been drawn up, what should the company do, but he can't get involved and is unwilling to get involved anymore. No matter how big the movie kingdom is, to him, it is just a few beats of wealth. He has given himself
With a solid foundation laid, it's time to truly pursue your dreams.
Let people all over the world dream with him, and let his movies resound around the world!
Now, he can film with peace of mind. (To be continued. Please search Piao Tian Literature, the novel is better and updated faster!)