My 1999

Holding her hand, Xu Liang smiled and said, "I didn't expect that I would find a good wife."

"I'm not your wife."

Apart from being happy, there is also a bit of resentment.

"Hehe, I said yes."

Xu Liang exerted his strength and had already hugged Jiang Xiaoyang into his arms before he could react.

"Oh, let me go."

Not only did Xu Liang not let go, but he carried her towards the second floor.

"Stop screaming, my mother is on the second floor."

Jiang Xiaoyang fell silent instantly.

Xu Liang came to his room with his feet up, locked the door, threw Jiang Xiaoyang on the bed, and threw himself on him.

"Come down quickly, if my aunt finds out, I will be killed!"

"Don't worry, you'll need to scream softer later."

"I, woo woo..."

Although he said this, it turned out that Jiang Xiaoyang was really worried, so he didn't force it.

After being bored for a while, Xu Liang sent her home after dinner at home.

The next day, I came to the company.

"Mr. Xu, this is information from MGM."

He took the document from Lu Hui's hand.

"Any thing else?"

"Mr. Xie said that the company is going to hold a celebration party for Series B financing tomorrow night to make everyone lively."

"Okay, everyone has been working hard to raise funds during this period. Now that the matter is done, it's time to be happy. By the way, did Mr. Xie tell where it will be held?"

"It's still the Capital Hotel."

"Okay, I understand. Remember to notify me when the time comes."

"OK."

Lu Hui turned and left.

He picked up the MGM information collected by the CEO's office on the table and read it carefully.

MGM was founded in 1924 by the merger of Metro, Goldwyn, and Louis Meyer.

During the heyday of Hollywood in the 1930s, MGM was the largest film company, producing 40-50 films every year. During this period, MGM had the most popular movie stars and directors in the United States.

Greta Garbo, Clark Gable, Jean Harlow, Spencer Tracy, Robert Taylor, Joan Crawford, Norma Shearer, etc., directed by Eric von Straw Famous characters such as Hen, King Vidor, Fritz Lang, George Cukor, and Victor Fleming are all owned by MGM.

The 1930s and 1940s were a period of great success for MGM.

Put Paramount, Warner Bros., etc. under pressure.

But the good times did not last long, and MGM could not escape the law of prosperity and decline.

In the 1950s, MGM gradually declined.

In 1948, the U.S. Supreme Court made its final ruling on Paramount's years-long effort to stipulate that the studio must sell its theaters.

The passage of the Paramount Act directly led to the disintegration of the studio system and the beginning of the ruin of classic Hollywood.

Large companies have had to reduce the number of films they shoot each year, increase the cost of a single film and carry out large-scale layoffs.

In 1950, U.S. film revenue accounted for only 12.3% of the entertainment industry. In the past, this number was as high as about 25%.

MGM was also forced to give up its own exhibition business, thereby cutting off its main financial source and no longer able to maintain its previous high output and stable quality.

In addition to the Paramount Act, television began to enter the average household in large numbers at this time.

The rise of new forms of entertainment has divided a large number of audiences.

By the 1950s, movie audiences were half what they had been in the 1940s, and independent producers and agents began to emerge.

Finally, Meyer, who led MGM to glory, was forced to leave MGM in 1951.

His film proposition was to entertain the public, but corporate boardrooms were growing increasingly suspicious of him.

By the early 1950s, the conflict between him and his assistant Doyle Sharry was getting bigger and bigger, and finally the board of directors decided to keep Sharry and let Meyer go.

Amid internal and external troubles, in the 1950s MGM produced hit musicals such as "A Parisian in New York" and "Singin' in the Rain" with excellent reputations.

But in 1957, the company suffered losses for the first time.

In 1960, MGM was forced to terminate the contracts of all contracted actors.

During this period, MGM's most successful film was the musical "Kiki," which was MGM's last musical to win the Academy Award for Best Picture.

In 1959, MGM remade the epic film "Ben-Hur". Starring Charles Heston, this four-hour blockbuster cost $15 million and was a great success, winning 11 Oscars. This record has not been broken yet.

But "Ben-Hur" also brought disastrous consequences, that is, MGM can only shoot one super-large production every year, including "The King of Kings", "The Four Horsemen of the Apocalypse" and "Mutiny", and any The failure of one part will be an unbearable loss.

Big productions can only be done occasionally, in the next 10 years.

Although MGM has excellent films such as "North by Northwest," "Butterfield," "Lolita," and "Doctor Zhivago," it still suffers losses year after year.

MGM, which continues to decline, is no longer for sale.

So in 1967, Canadian investor Edgar Bronfman bought MGM, but he was not good at running the entertainment business. Two years later, in 1969, he sold MGM to Las Vegas. Gas's gambling tycoon millionaire Kirk Kerkorian.

In Bronfman's hands, MGM was still the top film company in Hollywood, but in Cork's hands, MGM was just a money-making tool.

Moreover, the reason why this gambling tycoon acquired MGM was not to enter the entertainment industry, but because he took a fancy to MGM's land.

As soon as he took over the company, he auctioned off all MGM's props and costumes, and invested the funds in real estate and hotels in Las Vegas, Reno and other casino cities.

He even closed down MGM's distribution department in 1973 and handed over distribution to United Artists.

In 1979, Kirk Kerkorian announced that MGM had become a hotel company.

In Cork's hands, MGM, which only had its production department, was one of the top eight in Hollywood and was actually on its last legs.

Perhaps he got a taste of the sweetness from the acquisition of MGM. In 1981, he repeated his old tricks and bought United Artists, one of the eight giants in Hollywood that was in decline.

After the merger of the two companies, a new company was born - MGM United Artists.

Hollywood has also changed from the top eight to the top seven.

Here we need to introduce United Art.

United Artists was co-founded in 1919 by Chaplin, Fairbanks, Pickford, and Griffith.

The purpose is to get rid of the constraints and exploitation of big film companies and strive for more creative freedom and greater profits.

The films produced and distributed by the company include Chaplin's "The Gold Rush", "Modern Times", "The Great Dictator", "Stage Life", Griffith's "The Broken Flower", "Go East" and "Scar" "The Face", "Peach Blossom Apartment", "West Side Story", "007", "Rocky" and other very famous films that even left their names in the history of world cinema.

It’s a pity that the brilliant United Artists cannot escape the pattern of prosperity and decline.

In the 1950s, the American film industry entered a period of depression and recession. Chaplin and Pickford successively sold their stocks to financial capitalists.

After that, United Artists changed hands several times, and was finally merged into MGM in 1981.

Originally, the acquisition of United Artists was a turning point for MGM, but the house leaked and it was hit by continuous rain, and the ship collapsed and faced another storm.

The big-budget film "Heaven's Gate," which cost almost all of United Artists' money, turned out to be a big flop.

Its level of badness is comparable to Chen Mantou's "The Promise".

The difference is that "The Promise" successfully lured everyone into the cinema, with a box office of over 100 million. We watch a lot of old and American movies and have advanced information, making it difficult to fool people. "Heaven's Gate" had a disastrous box office and directly brought down United Artists.

This case is still the most famous case in which a luxury blockbuster caused the bankruptcy of a movie company, and it is often used as a "whip" by movie company bosses.

Cork, who acquired United Artists, did not have the good luck he had when acquiring MGM this time.

No money was made.

This guy might as well stop playing.

In 1986, MGM was sold to CNN's Turner for $1.45 billion.

Later, when CNN was short of funds, he bought back most of its assets from Turner.

But Turner's CNN retained 300 movies, including "Gone with the Wind."

After CNN was acquired by Time Warner, these 300 movies became the property of Time Warner, and Warner made a lot of money by releasing the DVDs of these movies (MGM Classic Series).

This is also the reason why the film, which is obviously an MGM film, is distributed by Warner Bros.

It should be noted that MGM's more than 4,000 movies and more than 17,000 TV programs have not been sold.

Only 300 films in Turner's hands were sold.

MGM's copyrights can still bring the company at least $500 million in net income every year.

This is why MGM collapsed, but there were still so many companies interested in it.

However, although Cork bought back MGM, he did not bring him back to life.

After seeing that I couldn't make any money, I simply sold it.

In 1990, it was sold to an Italian consortium headed by Giancado Paretti for US$1.3 billion.

Two years later, MGM was auctioned off by a French bank as Paretti was accused of fraudulently obtaining control of MGM.

In 1993, Frank Macasso took over MGM, and his team subsequently released blockbuster films such as "Get Shorty" and "GoldenEye."

In 1994, MGM's "True Lies" starring Arnold and Schwarzenegger had a global box office of US$365 million, and "Speed" starring Keanu Reeves also generated a global box office of US$283 million.

Although MGM made money, after repeated ownership transfers and several blind acquisitions and expansions, MGM was saddled with heavy debts.

Frank Macasso had no choice but to withdraw, so he decided to quit.

But MGM was a mess, and not many people took over.

Boss Joe bought two rotten apples and bet Cork on three to buy MGM.

That's right.

Here he comes again.

In 1996, Cork once again gained control of MGM for $1.3 billion.

1.3 billion to sell and 1.3 billion to buy. If inflation is taken into account, Cork will undoubtedly make a profit.

For the next few years, MGM struggled to stay afloat.