Chapter 739 Debt Problem

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PS: I accidentally marked the wrong chapter number. This should be chapter 738, but the content is correct. I will ask the editor to help me change it.

For MGM's acquisition, Flower Pictures initially offered $1.5 billion, but Credit Lyon hopes to sell its stake for $1.8 billion. The Lyon Credit Bank has made up its mind to get rid of Hollywood completely and will not have any entanglement with Hollywood after the transaction. Therefore, the main point of negotiation between the two parties has always been the final transaction price.

The two sides started negotiations from the beginning of June until the end of July, and the reason why they could not reach an agreement was mainly because the Lyon Credit Bank was waiting for the box office results of "Golden Eye of 007", which had Eric's participation. The film's box office is still very much looking forward to. However, although "Golden Eye of 007" received unanimous praise after its release, the box office did not show a big trend, especially with "Night at the Museum", which made Credit Lyon Bank less confident.

After the first weekend box office of "Golden Eye of 007" was released, the two sides took a step back and reached a final intention of US$1.6 billion. Of course, after the transaction is completed, Huahua Pictures will assume the US$1.7 billion debt left by MGM, the entire transaction amount. reached $3.3 billion.

The day after the deal was finalized, an interesting cartoon appeared on the front page of the Los Angeles Times.

An anthropomorphic giant firefly with a small flower on its head, like a Tyrannosaurus rex from "Jurassic Park 2", traverses the street with the 'Hollywood' sign, and the collapsed buildings on both sides of the street are hung with Warner, A striking trademark of Paramount, Universal, Columbus and more.

Under this cartoon, the "Los Angeles Times" gave the striking title of "Fireflies Dominate Hollywood".

"Seven years ago, "Home Alone" came out. With a low cost of $1 million, it harvested more than $500 million at the box office worldwide, and the whole Hollywood looked at it."

"But maybe no one would have imagined that seven years later, the young man who created "Home Alone" has built his own media empire at an astonishing speed. At the same time, the territory of this emerging empire is almost as big Expansion at an overwhelming speed, after successively annexing New Line, Disney, and ABC, this firefly, which seems to never stop, has 'planted' a dazzling flower outside its own system."

"Before the MGM acquisition, we can see that the first film "Mission Spy" released by Flower Pictures at the end of last year. At a cost of 70 million US dollars, it has achieved an eye-catching result of nearly 500 million US dollars worldwide. "

"This summer, the two films "Forrest Gump" and "Night at the Museum" produced by Flower Pictures have so far received US$190 million and US$130 million at the North American box office, respectively, although the box office of the two films The potential is far more than that, but from the opening of the summer program on May 26th to the present, the total box office of the North American summer program has accumulated to 1.68 billion US dollars in the past ten weeks. gobbled up 19% of the market.”

"If we expand our vision a little bit. It can be found that the three films released by Firefly Group, "Jurassic Park 2", "Lonely Day" and "Toy Story 2", have also accumulated a domestic box office of 690 million US dollars. The box office potential of the film has also not been fully tapped. However, the combined box office of the two companies has occupied 61% of the box office of the entire 10-week summer season, leaving only less than 40% of the market share of all other Hollywood peers, which is amazing. "

"It is not difficult to imagine that when Eric Williams personally supported the flower that completed the merger and integration of MGM and DreamWorks. With the help of the "Mission Spy" series, "007" series, "Charlie's Angels" " series, "Night at the Museum" series, "Resident Evil" series and a large number of lucrative film projects,

At the very least, it will soon be in the movie business, reaching a point where it is shoulder to shoulder with Firefly Group, and we can almost see the dismal situation for other Hollywood studios in the next few years. "

Although the "Los Angeles Times" chapter is slightly exaggerated. But it still attracted a lot of attention.

The seven major Hollywood studios have their own film production and distribution systems. Moreover, many resources are unique to these film companies, such as Paramount's theatrical resources. Therefore, if Firefly and Flower Pictures want to completely monopolize the entire Hollywood film market, unless they eat all the seven major film companies, it is absolutely impossible to achieve such an amazing market share every year. The reason why two film companies will get a 60% market share this year. In the eyes of many people, it can only be attributed to luck. The luck of Firefly and Flower Pictures is too good, while the luck of Warners and other companies is too bad, and there is no box office hit film.

However, despite this, Flower Pictures' acquisition of MGM has aroused the vigilance of several other major film companies. The executives of Warner, Universal, Paramount, Columbia, and several companies all understand that the best way to stop the expansion of Flower Pictures is to disrupt the deal at all costs.

However, the wish is good, but the reality is that no one of the other majors is willing to be this early bird.

After all, if you want to mess up this transaction, you will not only have to pay a high price, but will also completely offend Firefly to death. Although everyone knows that this is 'sacrifice the present and invest in the future', the Hollywood high-tech who has the courage to sacrifice now Tube, but none of them.

As for the union, forget it. When several companies with different minds negotiate the terms of the union, perhaps Huahua Films has grown into a towering tree.

Although in private, some people used their resources to play some tricks, intending to make Huahua Pictures pay more even if they could not prevent the acquisition, but these tricks were often easily resolved by the other party. After all, in this capital society, capital is the ultimate power, and Firefly is now undoubtedly the most capitalized media group in Hollywood.

Los Angeles.

In Drew's Foley mansion, the girl was changing clothes while standing beside the hanger full of small dresses in the living room, and Xiaozui kept chattering: "I really don't know what they think, they even let someone come to check on me. Tax, ha, this method is outdated, my tax bill is still white, Natasha is still white, how can I find out what is wrong. Hmph, if you let me know who is behind it, I will definitely teach him a lesson pause."

The time is already the end of July. In the past two weeks, Flower Pictures has successively signed acquisition agreements with Lyon Credit Bank and DreamWorks Productions.

The shares of MGM owned by the Lyon Credit Bank were acquired in cash, and under the strong promotion of Eric, the acquisition of DreamWorks was in the form of cash and stock, and the transaction price was one billion US dollars. Vivendi, which May acquired, once again invested 300 million to acquire a 30% stake in Firefly Hand DreamWorks. Firefly exited completely, and the shares held by DreamWorks' other European shareholders were exchanged for equity in the combined company.

After the integration is complete. In order to facilitate the operation of equity, the new company is still dominated by the MGM Group. Flower Pictures and DreamWorks, as well as Lianmei, which owns the 007 copyright, will gradually be integrated into the production department of MGM in the next few months. The label will be mainly used for film distribution in the future.

In the new MGM Group, Drew, as the largest shareholder, holds 40% of the shares, the Vivendi Group holds 20% of the dividends, and the LTD Group holds 10% of the shares. The original European shareholders of DreamWorks hold 18% of the shares, and the remaining 12% are tradable shares.

Eric sat on the living room sofa, waiting for Drew to get dressed before heading to the new MGM's first press conference together.

Listening to Drew's chatter with a smile on his lips, Eric turned over the balance sheet of the new company in his hand.

After the integration is complete, in Eric's view, a brand new MGM. The most valuable is undoubtedly the copyright of those blockbusters, in addition, the huge library of MGM.

Although the deal between Kerkorian and Ted Turner in the 1980s caused MGM to lose the film rights before 1948, the remaining film library after 1948 still has more than 4,000 films and TV series, its scale It's one of the best in Hollywood. In the original time and space, in order to strive for the MGM film library to promote its own high-definition Blu-ray format, Sony once again took advantage of it in 2004. For this purpose, it took out 5 billion US dollars, which shows the gold content of the MGM film library.

However, MGM has been struggling in the predicament these years, and it does not have enough energy to realize these film library resources. It is a pity that it can only be extensively authorized to external video tape distributors and cable TV stations. Now that he has accepted this resource, Eric will of course not let this situation continue.

Eric was thinking about how to manage MGM's huge film library. Hearing the girl said that Natasha's tax bill was still white, he couldn't help but look up. The twins were wearing simple black T-shirts and Washing the jeans, quietly helping Drew pick clothes, but the exposed face and arms have the amazing white analysis unique to Slavic beauties.

Noticing Eric's eyes, Drew grinned and said, "Eric, they're even whiter when they're not wearing clothes."

Following Drew's words, the twins' cheeks showed a faint blush, and they glanced at Eric embarrassedly.

Eric smiled, and turned his eyes to Drew's small body wearing only Nei. Although he had passed his twentieth birthday, the girl's figure has hardly changed over the years because of quitting those bad habits. , 1 meter 63 small man, smooth white and tender skin, petite with sensuality, full of temptation.

Feeling Eric's eyes on her body, the girl threw a small look at Eric and hinted, "Eric, there is still time now."

"Quickly change your clothes, don't linger any more, we always have to arrive earlier."

"It's in the car."

"Don't make trouble."

"Ha ha……"

"Speaking of business," Eric said with a serious expression: "Although your finances are fine, your shareholding in a new company is always too conspicuous. I plan to issue another 20% stake in MGM. , Well, it is about 70 million shares. At the current stock price, you can raise about 1 billion US dollars. At that time, the shareholdings of you and LTD together will remain at about 40%, and we will not lose the right to the company. It can also give the company more ample funds for the development of the company in the next few years, what do you think?"

The girl finally chose a small pink dress. After wearing it, she rushed over like a butterfly, rubbed against Eric, and said greasy: "Eric, you don't need to ask me about these things, my Everything is yours, you decide."

"Oh, in fact, I'm not very good at making decisions for others," Eric said as he put his arms around the girl's waist.

"But I'm no one else, Eric, if it wasn't for you, I might be dead now."

Eric felt the small body against his body and joked: "Uh, why is this line more and more like a soap opera, oh my, don't be too tight on your neck, your name is not in my will."

"Well, I'll die with you."

"Is this the second episode of the soap opera?"

"Wow, I'm serious."

"Okay, okay, the time is up, let's hurry up."

The headquarters of MGM is located in Century City. Although the original studio was sold by Kerkorian in the 1980s, the headquarters of MGM still remains. As a veteran film company established for more than half a century, although it has been It began to decline, but the headquarters building is still the office building of Flower Pictures in Venice Beach.

Flower Pictures and DreamWorks have not moved their offices here at this time, but the press conference is still arranged in one of the most spacious conference halls at the MGM headquarters.

When Eric and Drew arrived at the MGM headquarters by car, the plaza outside the building was already crowded with reporters, noticing the arrival of their cars, they flocked. The company's security team also quickly cleared the way for the two.

"Mr. Williams, will Firefly acquire MGM in the future?"

"Eric, Drew, do you have any plans to get married?"

"Eric, why did you completely strip MGM from the Firefly system? Did you take into account the monopoly restrictions?"

"Will MGM expand like Firefly?"

"Eric, how are you going to fix MGM's debt problem?"

Amid the dazzling flashing lights and the reporter's frantic questions, Eric put his arms around the girl's waist and, under the guard of the security guard, walked through the crowd with difficulty and disappeared into the building.

Walking into the building, Amy Pascal, Frank Macasso and other senior executives of the company and some superstars who are about to participate in this press conference greeted them one after another. Under Eric's order, the executives of Firefly Group did not attend the conference.

After greeting everyone, everyone came to the conference site together. At this time, the staff were still carrying out some final equipment debugging. A small stage is installed in the conference hall of more than 200 square meters. The background of the stage is the posters of the company's "007", "Charlie's Angels", "Night at the Museum" and other movies. (To be continued.)

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