I’m Almost Losing to a Muggle - Chapter 816
As the company’s chief executive producer, decide what movie the company makes.
It seems to be in power.
But Ms. Palente’s life is not easy. MGM can’t get 500 million US dollars a year. In many cases, she can only co-produce movies with other families.
When you are reduced to a co-producer, what power can you as the chief executive producer have?
She felt that she was still young and she should have a good future.
Unfortunately, Hollywood is a place where qualifications are very important.
If MGM is a good place, how can it be her turn to be the chief executive producer.
Now, her opportunity is here.
Two million dollars, and a new contract, made Mary Parente give up resistance.
Her role is to report Paramount’s information to the board of directors.
But I didn’t expect that even Gary Barber was bought.
Gary Barber has very high prestige in the company. He has been in charge of the company for seven years since 2010.
Only in the past seven years, not many things have changed.
The time when movie companies dominated Hollywood is long gone.
The eight major film companies of the year have basically become vassals of multinational business groups: Columbia is owned by Sony; Warner has become Time Warner; Murdoch owns Fox; Paramount is acquired by Viacom; General Electric controls Universal …
MGM is just the most unlucky film company among the Big Eight, and it did not complete this transition in time.
With the strength of the film company alone, it is no longer possible to withstand the risks or seize opportunities brought by this blockbuster or the era of blockbuster films.
Now MGM needs a dad.
Once you can find your father, once one of the eight largest, you will surely be able to regain your glory.
MGM now wants to sell the company, it can be divided into two factions, one is the capitalist, they desperately want to sell the company to cash out, and then leave this quagmire.
There is also the career group, they want the company to get a new life and develop rapidly.
So as to get their own opportunities in this development process.
The capitalists hope that the more expensive MGM can sell, the better.
The business school is not so hopeful, because the more expensive it is, the less the funder’s father will invest in the follow-up.
Suppose the father of the sponsor intends to spend 10 billion on this project.
If the purchase price is 9 billion U.S. dollars, then the follow-up investment of the funder’s father to the company may be only 1 billion U.S. dollars.
One billion dollars is not enough to make MGM soar into the sky.
Gary Barber had completely surrendered after talking to Concubine Han.
The completion of the acquisition by China Capital Capital has to rely on his influence in Hollywood, so he is not worried about being dismissed.
He has no retreat now.
The people in the living room clamored for a whole night, and finally came to a very superficial conclusion that MGM must be sold at a discount, and there will be no shop after this village.
Carl Icahn lay in the hospital, the entire ward was crowded with capitalists.
They didn’t sleep all night yesterday, but one by one was not sleepy. They needed to convince the stubborn Karl Icahn.
When MGM went bankrupt that year, it was Karl Icahn who persuaded them to accept debt-to-equity swaps.
“Mr. Icahn, you have a lot of assets and don’t care if MGM sells or not, but for those of us, look at me. I have moved three times. You are looking at Frans. He even has an ambulance. Don’t dare to call.” The bankrupt banker Morton had a loud voice like a speaker embedded in it.
Other capitalists nodded.
“Guys, be patient. When I was hunting in the south, do you know what was the hardest thing to hunt there?” Mr. Karl Icahn needed a little response.
However, one of his legs was hoisted high by the bracket, and there was his daughter’s signature on it, which read “This is a humiliating leg, and it was a twelve-year-old boy who broke it.”
If you are really so fucking, how did you get broken your leg by a bicycle?
Therefore, no one responded to him.
The ward was surprisingly quiet, which made Carl Icahn feel very sad.
These stupid people.
Do you know how absurd the price you are discussing is.
6.5 billion dollars?
Legendary Pictures has sold 3.5 billion, you dare to say 6.5 billion, and still clamoring to take the initiative to join in.
With your method of operation, it may not even sell 6 billion.
I have waited for seven years, should I wait for such a result?
Carl Icahn is not short of money, MGM is just one of his many industries.
Carl Serean Icahn, an 81-year-old man, ranked 50th in the 2012 Forbes Global Rich List.
It is common that his name was previously dubbed such as “speculator”, “radical investor” and even “corporate predator” such terrifying names.
Icahn is well-known on Wall Street for his fierce acquisition style and unstoppable tough character. He is nicknamed “The Wolf of Wall Street”.
But he himself prefers to be called an “radical investor.”
According to Forbes statistics, Icahn, the “old driver” on Wall Street, is currently worth as much as $17 billion. UU reading www. uukanshu.com
He has about 13% of the debt at MGM and is the number one capitalist.
If he hadn’t broken his leg.
If it weren’t for these little brothers, they are too disappointed.
If it weren’t for MGM, it would be really bad now.
If it weren’t for the capitals of all countries, they would have lost interest in MGM…
It seems that there are not so many ifs. Mr. Icahn looked sadly at his high-hung legs and had to recognize the fact that he was 81 years old.
“I will send my client. In any case, my interests must be protected.” Karl Icahn closed his eyes and motioned to the assistant to drive the group out.
However, the most urgent thing now is to interrupt the negotiations between China Capital and Paramount.
The representatives sent by MGM re-contacted the representatives of China Capital, hoping to restart the negotiations, but they were flatly rejected.
Concubine Han’s face is stern, sorry, we and Paramount have reached consensus on multiple parties, and it is impossible to interrupt the negotiation.
Paramount also changed its previous attitude.
In the past, I was more or less indifferent to answering questions. I didn’t want to sell that much, but I couldn’t stand the money that others gave me.
They want more.
The $12 billion is the result of their internal discussions.
The reason why the valuation has become so high is because the representatives of Huaxia are so talkative.
There are three meetings a day, each of which can raise the valuation by $500 million, as long as you can justify it.
Paramount’s greed here is so polite.
However, MGM, which was previously abandoned by China Capital, is now suddenly coming up.
While this makes them disdain, they are also a little anxious.
Enough, we decided to sell.
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