Hollywood: Great Directors Starting with Saw
Chapter 68
The two drank coffee in Robinoff's office, waiting for news from Time Warner.
After about three hours of discussion, Time Warner finally decided to agree to buy a 20% stake in MGM.
As media giants, they do not dislike that they control too many film companies, especially those with a long history like MGM.
That means that an extremely thick film library can be of great benefit to their core, the TV station.
It's just that they can't go around looking for places to lobby for purchases until they get the actual news of the sale.
And now that MGM has taken the initiative to send it to the door, Time Warner certainly can't miss it.
After determining the outcome of the acquisition, Time Warner immediately sent someone to notify Warner Bros. President Robinoff.
...
In the office, hearing the news from the secretary, Reiter and Robinoff had a smile on their faces at the same time, and Robinoff took the initiative to say to Ret:
"Happy cooperation!"
Ray nodded and replied with the same smile:
"Happy cooperation!"
Since then, MGM and Warner Bros. have been completely tied together and become part of Time Warner.
....
Three days later, after Time Warner agreed to the acquisition, LTECH immediately notified Kevin, and Kevin's side successfully obtained a 10% stake in MGM with a down payment of $20 million and the remaining $70 million within a year.
Plus 0.5% given by minority shareholders.
Kevin acquired a 10.5% stake in MGM at this time, successfully promoted to MGM's third largest shareholder.
At Time Warner's proposal, three days later, a press conference is being held at MGM.
......
Silently, MGM and Time Warner reached a share acquisition, and in these three days, the news spread throughout Hollywood.
As the alliance of two studios within the top ten in Hollywood, it has undoubtedly attracted significant attention in Hollywood.
Even more notable than this attention is the news that Steve Kevin, a budding director, bought a 10% stake in MGM for a low price of $90 million.
Simple director reputation, although Steve Kevin's fame in the circle is not small, but compared with those real famous directors, Spielberg and other directors are still far from it.
He also lacks the fame and awards that he has gained over the years.
But since he became MGM's majority shareholder, all this has changed, and his position in the circle has suddenly increased.
Through his glorious achievements, people have added a variety of identities to him, gold medal producer, gold medal editor, famous director, and major shareholder of MGM.
This single identity may not be brilliant enough, but all identities are superimposed, and Kevin has become the hottest god of wealth in Hollywood.
It seems that as long as you can invest in his films, you can make almost 100% money.
If it weren't for the fact that there are not enough projects at hand, Kevin would have set up a fund and used the fund to invest in his own films.
In this way, he only needs to pay a small interest to be able to pocket the profits of the film.
Of course, it is still that sentence, at present, Kevin's foundation is not solid enough, and he needs to share benefits to earn more.
The Fund will definitely do it, but not now.
.......
Steve Kevin, Retter, Robinoff, and several other MGM executives stood on the podium of the press conference.
Countless reporters waited and waited, and as soon as the press conference began, they shoved the microphone into Retter's mouth.
LTECH took a step forward, faced all the reporters, and said with a raised eyebrow:
"After the unanimous opinion of MGM's senior management and future strategic decisions, from today, MGM will have the closest cooperation with Warner Bros."
"MGM will sell 20% of the shares to Time Warner, and in the future, MGM's 007, Cat and Mouse will be broadcast on Time Warner's television, and other deep cooperation will be reached."
In the face of Time Warner's support and the acceptance of Kevin, all this made Late feel MGM's hope of returning to glory.
Now he is of course very happy.
A beautiful blonde female reporter rushed in front of Reiter and quickly asked in a gesture of almost shoving the microphone into Reiter's mouth:
"Excuse me, is director Steve Kevin the key person who made this cooperation possible?"
"Is it true to hear that director Steve Kevin has an inextricable relationship with all the heroines in his films?"
When LTECH could still answer, he saw multiple reporters crowding in at the same time, and nine out of ten questions were Kevin's gossip, and several were questions about how Kevin had so much money to buy MGM shares and whether he had evaded taxes.
Seeing that everyone's focus was on Steve Kevin, Reiter quickly picked up the microphone in his hand and said
, "Since everyone cares so much about Director Kevin, let Director Kevin answer your questions."
Speaking of this, LATE took a few steps back and handed the microphone in his hand to Kevin.
Kevin took the microphone without fear, and here, in fact, it was his first time to participate in a press conference.
At the previous opening ceremony, no reporters were invited to come, and the propaganda of Mission Impossible was handed over to Tom Cruise, who did not go, but just showed up and left, without answering any questions from reporters.
Today, this is his first time attending a press conference.
Seeing Kevin come forward, the reporters were even more excited, and the three movies of Chainsaw, Escape from Desperate Town, and Mission Impossible were a good interpretation of his road to fame.
People are eager to understand how he succeeded.
Of course, what interests journalists more is his lace journalism.
"Director Kevin, according to the Chainsaw Horror crew, you used the director's authority to sneak the heroine of Chainsaw Horror many times, do you have any explanation for this?"
Looking at the reporter with excitement on his face, Kevin smiled in his heart.
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