Director’s Legend - Chapter 361
The impact of Carl Icahn and the drag of MGM’s reorganization, Sony had already been stabilized by the management, but it fell again, the market collapsed, and the situation was at stake. Moreover, Carl Icahn also agitated the media, advocating that Sony would go bankrupt.
In addition, in recent years, Sony’s business has indeed been sluggish, and all aspects of its business have been surpassed by its opponents. Sony finally cannot continue. Ryoji Nakaba came to San Francisco again, and after spending one night, saw Shao Shuaijun and Li Xiuxiu. Without the calmness and calmness of the last time, there are bloodshot eyes in his eyes, which looks a bit hideous.
After the meeting, Nakabachi Ryoji went straight to the point: “What conditions do we need to agree to Sony’s divestment of MGM?”
Li Xiuxiu didn’t make any illusions, and said directly: “We don’t want Sony to divest and reorganize MGM. It seems to us that it has done a lot. If you give up MGM, I am afraid there will be no such good opportunity in the future.”
“I know, I have always believed that MGM has something to do, but Sony does not plan to follow up. Director Shao, President Li, let’s make a price.”
“Well, Sony will transfer its MGM shares to Summit Entertainment at a low price. At the same time, it will transfer all the film rights of MGM and the copyright of Spider-Man to make up for the loss of funds and human resources invested by Summit Entertainment on MGM. . We agreed to Sony’s withdrawal from MGM!”
Nakaba Ryoji closed his eyes and thought for a while, and said: “We will transfer the copyright and shares to Summit Entertainment as soon as possible.”
Ryoji Nakabachi is gone. Li Xiuxiu immediately contacted Carl Icahn: “Mr. Icahn, Sony is ready to divest from MGM.”
“The strong man broke his wrist, not bad. I thought Sony would hold on for a while. Mr. Li, after you get what you should get, you take the library resources and return the shares to me!”
“natural.”
The battle is over, and the rest is the distribution of benefits.
In a blink of an eye, on June 3rd, “Magic Mike” began to be released. At the same time, “X-Men: First Class” produced by Twentieth Century Fox was also released. In the end, “X-Men: First Class” won the championship with US$56 million. Compared with the X-Men series of movies, this movie has a high reputation and can be called a model, but the opening results are too low, only better than The first part of the series is a bit higher, far below the expectations of 20th Century Fox.
“We will also make a sequel. We believe that there is a high reputation for the movie, and the sequel will take it to the next level.” Twentieth Century Fox spokesman, said Qiang.
Compared with the box office loss of “War I”, “Magic Mike” is simply blind, with a cost of $7 million, and a first-week score of $40 million. In particular, a large group of hunky men selling muscles are loved by female audiences and **** audiences. Channing Tatum, the starring and producer, left a message on Twitter, asking for a sequel.
Summit Entertainment immediately held a press conference with Qian Ning. Qian Ning excitedly affirmed the sequel plan and said: “Yes, yes! We are thinking about it. We hope to write the script as soon as possible, and the scale of the filming will be larger. . And now, we have to prepare to put “Magic Mike” on the stage.”
“Magic Mike” performed well, and “Kung Fu Panda 2” performed well. This week, it won US$24.3 million. The overseas market performed amazingly, with a harvest of US$126 million and a global box office of US$363 million.
From June 10th to 12th, “Kung Fu Panda 2” received US$16.64 million in North America, and “Magic Mike” received US$14.95 million. “Weakness” was also officially released, with US$256 million in North America and US$311 million in the world, which is a huge profit.
At this time, Summit Entertainment and Sony Corporation reached an agreement with MGM shares on the film copyright and signed a transfer.
Marvel Comics announced on the official website for the first time: “Good news, after friendly discussions with Sony, the copyright of Spider-Man has returned to Marvel Comics. We are already working on the script for Spider-Man, and it is very likely to join Marvel. The second episode of the movie universe, the majority of Spider-Man fans, can look forward to it!”
Comic fans clapped their hands and applauded one after another. Bugs is the most popular one in Marvel comics, and has many intersections with superheroes, even good friends. If Xiao Chong joins the Women’s Federation, it will definitely increase the influence of the Women’s Federation at an explosive level. Of course, most of the shots of “Avengers” have been filmed, and it is impossible for the bug to appear in the first part.
After launching the news of the return of Spider-Man, Summit Entertainment also announced another news. After negotiation, all the MGM movie distribution rights and copyrights obtained by Sony will be transferred to Summit Entertainment. As an independent economy, film copyright is the largest capital and cannot be easily sold. This so-called copyright is in fact the distribution right of the film, and half of the ownership of the film series.
For example, the copyright of the 007 series must be in the hands of MGM. It is simply impossible to want the 007 series without acquiring MGM. MGM’s equity is very complicated. Everyone knows that film rights are important and cannot be sold at will. Even if Carl Icahn now owns most of MGM’s shares, he cannot decide at will.
This half of the copyright owned by Summit Entertainment is only for new movies. On the basis of the 007 series, the extended new movies will be produced by Summit Entertainment and enjoy half of the copyright and revenue. But MGM will retain the sole copyright of the 007 series.
They can re-shoot the 007 series or transfer the copyright of a certain 007.
However, the 007 series MGM retained, but the complete copyright of the Hobbit series was obtained by Summit Entertainment. This is the reward that Summit Entertainment should get, because the copyright of this series is made by the big directors Peter Jackson and MGM. The sale of MGM is part of MGM’s outsourcing and can naturally be traded at will.
There are some other movies, or trading, or sharing copyright. Some old movies are directly shared with Summit Entertainment. Summit Entertainment can use these old movies at will, except that they cannot be traded, they can be used under its own banner. MGM is now in a downturn, but it was a Big Mac back then, with countless film library resources, which has expanded Summit Entertainment’s film library dozens of times.
The film industry has always been content as king. With content, Summit Entertainment can be regarded as a complete company. Lionsgate’s film library, Summit Entertainment’s own film library, Dreaming Golden Harvest’s film library, and MGM’s film library, the content occupied by Summit Entertainment now is by no means lost to any major studio.
After obtaining these copyrights, MGM has no interest in Summit Entertainment at all. After all, MGM’s current debt has accumulated to $4 billion, and the acquisition of MGM must include these debts, which is not worthwhile.
Therefore, in mid-June, as Sony withdrew from MGM, Summit Entertainment also reluctantly announced that it would withdraw from MGM and transfer all its equity to Karl Icahn. From the outside, Summit Entertainment was originally ambitious to reorganize MGM, but it was ultimately defeated by Karl Icahn.
Of course, in the eyes of the media, Carl Icahn mainly defeated Sony, while Summit Entertainment was a cooperation in disguise, obtaining a series of copyrights, enough to make up for the loss.
“Sony broke his arm and retreated, Summit Entertainment turned around calmly, MGM sank into the valley, and corporate predator Karl Icahn became the new Lion King. A century-old brand might cease to exist.”-“Wall Street Journal”.
“Wall Street’s first victory in Hollywood. Has capital begun to penetrate Hollywood? How does Sony face it?”-“Yomiuri Shimbun.”
“Top Entertainment’s plan to revitalize MGM has a miscarriage, and Icahn will become the ultimate beneficiary. MGM currently has only two roads, mergers and reorganizations and bankruptcy reorganizations. Either way, Icahn will be able to reap significant profits from it. The only loss is Sony. And the majority of investors!”-“The Sun”.
“Spider-Man returned to Marvel. Half of the copyright for the new sequel to 007 is in hand. The Hobbit also invested in Summit Entertainment and enjoyed the sharing of MGM film libraries! In the MGM reorganization case, did Summit Entertainment really lose? Otherwise!”-“The Observer”.
“Hundred-year MGM, where is the road?”-“Mirror”.
“Hollywood compromises in front of capital!”-“Hollywood Entertainment Report”.
Since the hostile takeover of Global Airlines that year, Carl Icahn has once again become the most bullish investor on Wall Street, and his reputation as a corporate predator has become more prominent. Icahn is high-spirited, Sony has misfortunes, Summit Entertainment secretly smiles, this is the magic of capital.
“We have discussed and agreed with MGM. The latest sequel to the 007 series has been finalized, with a planned investment of 150 million US dollars, and will be named “007: The Great Crisis.” Mitchell Bruce was asked, MGM In the reorganization case, Summit Entertainment changed the subject with a smile when there was no loss.
Vice President David Joe Cole added: “We have also discussed the issue of Hobbits with Director Peter Jackson. The Hobbits will be produced in the form of a trilogy, back to back continuous production next year. , We believe that this will be beyond the existence of the “Lord of the Rings” series.”
The Hobbit is a prequel to the Lord of the Rings, the copyright is in the hands of director Peter Jackson. The original “Lord of the Rings” trilogy was a collaboration with New Line Film Company. After New Line and Warner Bros. merged, Peter Jackson no longer and Warner Bros. Cooperation, but switched to MGM, which was acquired by Sony.
I thought that MGM would be revitalized, but who knew it had been cheating, so the Hobbit kept delaying. Now in the arms of Summit Entertainment, Jackson was the first to find Mitchell and discuss the shooting of the Hobbit. Mitchell asked about Shao Shuaijun, and Shao Shuaijun replied at the time: “Peter Jackson can shoot whatever he wants!”
This was the start of The Hobbit.
In this way, June ends in such a hustle and bustle.
Everything is settled.
On July 1, the last installment of Summit Entertainment’s “Twilight” series “Twilight: Breaking Dawn (Part 2 was released globally. “Transformers 3”, which was originally scheduled for this week, was released a week earlier under the power of twilight. Although the Transformers series has a better global box office than the Twilight series, but the Twilight series has always been known for its outstanding achievements, so we have to avoid the edge.
Movies adapted from best-selling novels like Twilight and Hunger are supported by huge young fans who will choose to support the movie as soon as possible. Therefore, the opening results are quite impressive, all of which have exceeded 100 million.
This time is no exception. At the end of the three-day weekend, statistics show that “The Twilight Saga: Breaking Dawn (Part 2 reached the top with a strong price of US$141.07 million. Affected by the break of dawn, the second week of the runner-up “Transformers 3” only had 32 million US dollars. (To be continued. Please search Piaotian Literature, the novel is better and updated faster!)