Resource Tycoon Reborn

Chapter 978 Invitation

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The current situation of MGM is even worse than that of Columbia Pictures!

Naturally, Taira Keijiro saw the change in Fang Mingyuan's expression. He was also a man who had experienced society for a long time, and he immediately understood what Fang Mingyuan was thinking.

He also knew that it was no wonder that Fang Mingyuan thought this way. Since Sony bought Columbia Pictures in the last century, it took more than ten years, including Fang Mingyuan's factors, for Columbia Pictures to successfully get on the right track.

, it has only been a few years since it turned a profit, and MGM's situation is even worse than that of Columbia Pictures. Even if Sony succeeds in acquiring it, it might be another hot potato.

But Sony is also really interested in MGM. MGM's film library has more than 4,000 film copyrights, plus Columbia Pictures' film library, which is enough for Sony to own more than half of Hollywood.

Movie copyright! After possessing the patent for the new generation DVD format "Blu-ray", Sony certainly wants to take a leading position in the fight against the industry standard of HD-DVD technology. In this area, the choices of these Hollywood film companies are very

important.

Moreover, the acquisition of MGM will also have obvious benefits for Sony to further consolidate its position in the global entertainment and audio-visual market. Sony believes that in the future, with the expansion of the world's broadband network, it will provide movies to households connected to the network.

The business will develop rapidly, and Sony, which owns a huge amount of movie copyrights, will gain huge profits from it.

"Fang, this time, we plan to unite several companies to form MGM Holdings, and acquire 75% of the shares from MGM's current major shareholder, Kerkorian." Jiro Taira Kekeijiro

He smiled and said, "So far, Providence Asset Partnership, Comcast and Texas Pacific Group have already expressed interest in participating. On behalf of Sony, I sincerely invite you, Fang Jun, to also participate.

"

Fang Mingyuan's heart moved. It seems that Sony has been much more cautious this time, and has roped in a few allies to jointly acquire MGM. In this case, the risks borne by Sony have indeed been reduced a lot.

After Heikejiro said these words, he looked at Fang Mingyuan nervously, looking forward to his reply.

The Sony board of directors is indeed very interested in acquiring MGM and believes that there is a need to acquire it. However, the lessons learned from the acquisition of Columbia Pictures that year have made the Sony board of directors have some doubts about the prospects after acquiring MGM.

Not very optimistic about it. That’s why we decided to take the lead and join forces with several allied companies to acquire MGM. In addition to Providence Asset Partners, Comcast and Texas Pacific Group, Sony

Many people on the company's board of directors also mentioned Hong Kong Kumho Film Group and Fang Mingyuan.

If we can successfully persuade Hong Kong Kumho Film Group and Fan Mingyuan to join the joint acquisition, it will undoubtedly add insurance to MGM's turnaround after the acquisition, and it can also boost the big guys.

their confidence!

Now, it is not just Sony that is interested in MGM. Time Warner and General Electric have also announced their intention to acquire it. These two companies are also out-and-out predators who want to acquire it.

They are threatening to bring MGM under their own company, and the price they will have to pay will definitely be high.

And if Hong Kong Kumho Film Group and Fang Mingyuan can join, on the one hand, there will be sufficient financial guarantee. Hong Kong Kumho Film Group can be said to be the most profitable company in the world's film industry. Its large-budget movies have never been released.

Since the establishment of the company, so far, none of its movies have suffered losses. This is an unimaginable achievement in Hollywood, which has been producing blockbusters frequently in recent years. On the other hand, it is Fang Mingyuan’s deterrent power. Although Fang Mingyuan has very few

When it comes to Hollywood, even the Oscars have always been accepted by others, but no one dares to underestimate his influence!

It can be said that the Emerald Bird Film Group and DreamWorks Film Company are already his out-and-out allies, and he has very good personal relationships with many well-known directors and actors in Hollywood. For such a person who can guarantee box office and

Talented screenwriters, directors and actors who win awards are naturally flocking to it. It can be said that in this way, the financial and psychological pressure faced by Sony will be greatly reduced, although it will also be shared by Hong Kong Kumho Film Group.

But compared with the benefits and drastically reduced risks, this is nothing.

In April of this year, Sony announced last year's financial report. Huge losses of billions of dollars caused Sony's stock price to fall by a quarter in two days, triggering a high-tech boom in the Japanese stock market.

The collective plunge in the company's stock is called the Sony shock. Due to the impact of the epidemic, Sony's performance in the first half of the year was also very unsatisfactory, which is why the company's board of directors was very cautious in the acquisition of MGM.

Moreover, Sony also hopes to take this opportunity to further close the cooperative relationship between the two parties, at least to ensure that Gamestation is relatively neutral in the future home travel console war. Otherwise, the PS2 will have a difficult time.

Therefore, when Keijiro Hei learned that Fang Mingyuan was also in Hollywood, he immediately contacted him.

Fang Mingyuan said slowly and calmly: "President Ping Jing, with all due respect, I don't see any direct benefits to me and Hong Kong Kumho Film Group in this matter. To be honest, in addition to the copyright of the 007 series of movies, there are also

Apart from the rights to Tom and Jerry, MGM doesn't have much appeal to me. But participating in the acquisition of MGM in order to obtain the rights to these two movies would be a joke.

"

Heike Jiro was startled for a moment. He did not expect that Fang Mingyuan would give a refusal so quickly, but the result was not completely unexpected. Metro-Goldwyn-Mayer, for Hong Kong Kumho Films

The attractiveness of the group is not very great, which is what they had thought of in advance. Because Hong Kong Kumho Film Group was originally independent from Hollywood, but because of the presence of Kingfisher Film Group, DreamWorks Pictures and Columbia Pictures, it also

It is also closely connected to Hollywood, so whether it can eat MGM or not is not an indispensable thing for Hong Kong Kumho Film Group in its development process.

And now Hong Kong Kumho Film Group has begun to independently produce and distribute its own works, and has achieved very good results. In this case, handing the script to MGM for filming, from a certain perspective, is actually a

The revenue of Hong Kong Kumho Film Group is diluted. Hong Kong Kumho Film Group does not have any heavyweight media, cable TV companies and TV stations, let alone audio and video distribution units. Moreover, pirated audio and video is rampant in mainland China, and MGM

The film library is more like a piece of cake for Hong Kong Kumho Film Group. Otherwise, Hong Kong Kumho Film Group might have jumped out and made an acquisition long ago.

"Fang Jun, if we are willing to hand over the operating rights of MGM to Hong Kong Kumho Film Group, would Fang Jun be interested?" Keijiro Hirai asked again, "Also, we can agree that Hong Kong Kumho Film Group

If Lake Film Group’s shares in the holding company are no less than 20% and no more than 25%, it can obtain double voting rights!”

Fang Mingyuan's heart couldn't help but tremble. It had to be said that the conditions offered by Sony were generous enough. The operating rights were controlled by Hong Kong Kumho Film Group. In other words, for a long time in the future, Michael

MGM's development direction will be controlled by itself. Although it cannot obtain a controlling stake, nearly 50% of the voting rights are enough to ensure that MGM will develop according to its own decisions on many non-principled issues.

.

Although MGM is on the verge of bankruptcy and has become a second-rate film company in recent years, no one can deny its strong foundation. Otherwise, how could Time Warner, General Electric and Sony be like Wen?

They gathered around like fishy cats. If the operating rights can be controlled by themselves, then it will be an important impetus that cannot be ignored for further expanding the position of Hong Kong Kumho Film Group in Hollywood and even the world film industry. If

In this case, it makes real sense to invest in it.

Heikejiro noticed the subtle changes in Fang Mingyuan's facial expression, and he breathed a sigh of relief. This is why he is not afraid that your offer will be high, but that you won't be tempted at all!

At this time, the staff brought another acquaintance to Fang Mingyuan - Shania!

As soon as Fan Mingyuan stood up, Shania rushed over to him and gave him a passionate hug. If Fan Mingyuan hadn't turned his head in time, it would have turned into a kiss! But even so, Shania still

A faint kiss was left on his cheek. Hiraike Jiro's eyes widened as he watched.

"Long time no see, Fang!" Shania let go of Fang Mingyuan, but still held his arm, as if she was worried about him running away.

"Well, long time no see!" Fang Mingyuan wiped his cheeks helplessly with his hands. If he had lipstick on his face, he would be causing trouble for himself.

Shania smiled and said, "It's okay. My lipstick today is very light. You can't find it without looking carefully."

Fang Mingyuan glanced at her. If he couldn't find it unless he looked specifically, he could still see it, right? Shania pouted, found a tissue from the small bag, wiped him carefully and said, "Okay

, it’s gone now.”

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