I’m Almost Losing to a Muggle - Chapter 813
Even if it is poison, it has to be swallowed.
Moreover, Lin Dong is in the entertainment industry and often pays attention to investment information.
Therefore, he is very clear about the fate of China Capital’s entry into Hollywood, and he is basically scammed.
Among the 14 films that had the worst losses of the year summarized by The Hollywood Reporter in 2016, 9 of them had Chinese capital investment.
Ao Fei made money in the mainland from Xiao Li’s “Wild Hunter”, and in a blink of an eye he lost it in “Assassin’s Creed”.
“Billy Lynn”, which was well versed in new technology, eventually lost tens of millions of dollars. Guangjin and Fosun were not able to escape.
“Deep Sea Catastrophe”, “War of Gods: Eyes of Power”, and “Divergent 3” made TV and Broadcasting Media even hit three times a year.
After Ari Films invested in Spielberg’s Amperin in 2016, the director personally directed “The Giant of Dreams” that came up with a terrible loss: the investment was as high as 140 million U.S. dollars, and the global box office was 180 million U.S. dollars. One of the disastrous Hollywood films.
what is the reason behind the scene.
Is it that Hollywood is so risky?
Actually not.
The reason is simple, because the projects that others are determined to make money do not often appear in the contracts of the Chinese company.
The Universal Pictures film list invested by Perfect Pictures for US$500 million does not include big IPs such as “Jurassic World”, “Fast and Furious” and “Minions” series.
Disney’s Marvel and Star Wars blockbusters have taken billions of dollars in the box office a year, but none of them have China’s investors.
It is estimated that people who make money will not give you a chance.
Then you naturally have to bear the tuition of risky movies.
In any case, China Capital is an outsider, and its research on Hollywood is always on the surface.
however……
Boss Lin is not afraid.
Come and pit me, pit hard, pit spare no effort.
Bring me all those who don’t make money.
In the movie that Ari lost the most badly at the time, Boss Lin can’t wait to stab his good friend Jack Ma and replace it with his own life.
Yes, if Jack Ma could give him the project then.
He and Jack Ma are good friends.
There are only two good friends of Master Wizard. One is the one who slept together…cough, the one who ate together and paid for it, and the other one who helped him lose money.
“If Legendary Pictures is not suitable, then why buy other big Hollywood studios.” Master Lin thought for a while, then came out.
Legendary Pictures 3.5 billion US dollars, and bargaining, is really not addictive.
Now that the system says, where the money is spent, it is actually where it gets it.
Let’s spend US dollars to buy other things, and the system funds are robbed from Miguo, so why bother to buy our own assets.
Although Legendary Pictures is still in Hollywood, it is already a domestic asset.
“Hollywood Film Company…” Pei Qianlong had a headache.
In the past, Hollywood always said that the top ten or the eighth, in fact, different times have different opinions.
During the golden age from 1930 to 1948, there were eight more powerful ones, five of which were more powerful, and three less powerful. The difference was whether they had their own theaters.
After the Paramount Act of 1948, the five major film companies were forced to sell their cinema chains to third parties. Coupled with the popularity of TV sets, MGM and United Arts merged, Colombia sold Sony, and Raidenhua withdrew from the market.
Since then, the 8th largest became the 6th largest.
The current top six in Hollywood refer to Disney, Warner Bros., Universal, Sony, 20th Century Fox, and Paramount.
Paramount is the best dish. The Paramount Act of 1948 was named after him. It was old cowhide at the time.
Today, it still has popular IPs such as “The Godfather”, “Mission Impossible”, “Star Trek” and “Transformers”.
If you want to acquire, choosing it is undoubtedly more feasible.
After all, Paramount lost 445 million U.S. dollars in 2016—other homes that don’t lose may not necessarily sell.
The market is two-sided. It’s not that you can buy it if you want. Who doesn’t have a financial father.
“Let’s buy MGM.” Lin Dong unfolded a tablet in front of him, browsing the past one by one.
After receiving the demand, the advertising and marketing department immediately sent the information.
With a word from the boss, the people below broke their legs.
“MGM?!” Concubine Han was surprised. She hesitated for a moment and asked: “Mr. Lin, do you read too much of the entertainment articles? Many novels that enter Hollywood will buy MGM, but those books The background here is relatively early, and now MGM really doesn’t work.”
Also, don’t you think this is too old-fashioned?
No good, if it really works, I won’t buy it yet.
“MGM was once the top eight in Hollywood, but it does not belong to the current top six.” Pei Qianlong reminded.
Boss, what about your pride, shouldn’t you go straight to the top six?
MGM has indeed been brilliant. The Oscars themselves were initiated by Meyer, one of the founders of MGM Films. The status and influence of MGM in global film history are no less than the current top six.
However, everything has become history.
In May 1948, the Paramount Act was promulgated, requiring production companies to only control films and abandon distribution and movie theater operations ~www.mtlnovel.com~ MGM has never recovered.
After the 1960s, MGM was traded many times in the capital market.
In 2005, MGM’s debt was as high as 2 billion US dollars, only one step away from bankruptcy.
A group of consortiums led by Sony formed MGM Holdings, which acquired MGM Films through a leveraged buyout worth US$4.8 billion.
However, Sony is not the “savior” of MGM, it just took a fancy to the 4100 films in the MGM film library, and combined with the number of films it already has, it succeeded in winning the HD DVD format competition.
However, MGM has further declined due to layoffs and closed studios. By 2009, MGM’s debt had reached nearly US$4 billion and had to choose to file for bankruptcy protection.
In the end, a little-known Hollywood studio, Telescope Entertainment, merged its two subsidiaries with MGM to form a new MGM film company.
With its endorsement, New MGM received 500 million US dollars in bank financing, bidding farewell to bankruptcy and entering into restructuring.
At this point, MGM is still lingering.
Can the cat factory save MGM?
Pei Qianlong doesn’t think so at all, and no one can save MGM.
MGM’s most valuable IP is “007”, but this thing is too old, the plot cannot keep up with the times, and there is not much market in China.
At the same time, there are too many movies of the same type, such as “Mission Impossible”, “The Bourne Shadow” and so on.
“I didn’t read the entertainment novel you mentioned, and I also know that MGM is not the top six,” Lin Dong took the tablet and showed it to the two senior executives in the strategy department:
“I want to replace this lion head with a cat head. I thought about it a long time ago.”
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