624、Global Distribution Channels(1/2)
"The 500 million US dollars is too high, and this price is completely unreasonable."
Chen Dongcheng sneered, it was really whimsical.
Although their channels are very attractive, it is impossible to be the sucker.
"I think so too. We might as well meet TMP people. Those who want to win IM and TMP can't get around no matter what."
Grod suggested.
"Well, then you make an appointment and finalize this matter as soon as possible. I am very confident that we must master the overseas distribution channels as quickly as possible."
Chen Dongcheng knew very well how exaggerated the achievements were.
The global box office exceeded one billion US dollars, almost locking in one of the most profitable comic adaptations.
Such achievements are enough to make Warner Brothers become enemies with him.
He is obviously his own comic character, but he was fooled by Legend Pictures, so it would be strange if the other party didn't explode.
Generally, Hollywood movies have overseas box offices basically account for 70% of the total box office, which shows the importance of overseas distribution capabilities.
Even for the global box office, Chen Dongcheng must acquire IM.
As long as you master the overseas distribution capabilities, even if Warner Bros. wants to target it and have missed the best opportunity, you can only allow Legend Pictures to grow rapidly.
Grod didn't know where his boss got his confidence, so he would be so sure that he would be in a big fire.
In any case, acquiring IM is always a good thing for Legend Pictures.
...
Legend Pictures wanted to buy it, and TMP really wanted to sell it, and the two sides hit it off.
The founder of TMP is Tang Wei, who is indeed a character.
Before 2008, the Chinese who once became the highest-ranking Chinese on Wall Street showed how outstanding his skills were.
He has lived in the United States for a long time and has some interactions with many domestic capital giants.
Under his instigation, giants such as Tengxun invested in establishing this Sino-US joint venture TMP.
Tang Wei relied on his outstanding skills and connections to firmly hold the position of TMP president.
Even the vast amount of Chinese capitals trust Tang Wei very much.
If HNA and Wanda hadn't been too fierce, the upper-level supervision of the flow of funds overseas would have not come so fiercely and quickly.
Tang Wei's ambitions were completely destroyed by a regulatory policy.
At this time, the two sides met.
Tang Wei was a little surprised to find that Grod had actually walked over with a young man, and the young man was walking in front of him.
This made Tang Wei a little curious, and he looked at it carefully.
I just think this young man is handsome enough. Even with his aesthetics from Europe and the United States, I think this young man can even go to Hollywood to develop and may have a chance to become famous.
"Tang, this is my boss, you should have heard of his name."
Grode smiled and recommended that he and Tang Wei only met twice at other banquets.
Tang Wei is a man who is good at dancing and is very familiar with the presidents of second-tier film and television companies.
"You are... Mr. Chen?"
Tang Wei frowned and thought deeply, always feeling that this young man looked familiar and seemed to have seen it somewhere.
Suddenly, a picture flashed through my mind.
That was a group photo he saw in Tengxun Xiaoma Ge's office.
The above are the two brothers of Ma and Chen Dongcheng.
At that time, he remembered that Brother Ma pointed at Chen Dongcheng and introduced him to him. His long list of resumes blinded his dog's eyes.
But after careful investigation, he could feel the terror of this person more and more.
Until I heard that Legend Pictures was acquired not long ago. As Hollywood news, he had been asking about Legend Pictures' actions.
I never dreamed that his contact with Mr. Chen would be in the form of an acquisition of his subsidiary.
Thinking of this, Tang Wei couldn't help but shake his head and laugh.
"Mr. Tang should understand our purpose, so I won't go around the circle. As long as the price is reasonable, our Legend Pictures will be willing to acquire IM in full."
They are all smart people, and they can only waste time when they are useless.
"Mr. Chen is really quick to speak, but Mr. Chen should be very clear about the value of IM. He will not miss any ambitious film and television company."
Tang Wei smiled without showing any urgency.
Anyway, the value of IM is there, so there is no need to worry that no one will be uninterested.
"Oh? Could it be that we have other competitors?"
Chen Dongcheng drank coffee and his mind was spinning rapidly.
At this point in time, there are not many companies that are interested in IM and have the strength.
And there seems to be only one who has been eyeing the six major positions.
"What Mr. Tang said, could it be Lionsgate Pictures?"
Tang Wei narrowed his eyes, but he felt a little admiration in his heart.
From your own words, you can quickly guess which one is. It is indeed a bit of skill.
"Yes, Lionsgate Pictures is also in contact with us. After all, Paramount's market share has declined sharply and he can't survive for a few years."
Tang Wei did not hide it, and appropriately exposing other buyers would be beneficial to raise the price himself.
"Mr. Tang, although Lionsgate Pictures is pretty good, it may not have enough funds to eat up IM."
Chen Dongcheng calmly tasted the coffee and said calmly: "Liongate Pictures just acquired most of the equity of 3Arts not long ago, and at most it was to have fun."
Tang Wei was silent, and Lionsgate Pictures did ask casually, and it would be difficult to get the funds quickly.
The situation in Hollywood is not good now, the box office in North America is almost stagnant, and many giants are becoming more and more cautious in their actions.
Under such circumstances, very few people dare to acquire IM in large quantities.
The giants don’t need their overseas issuance channels at all, and they can’t afford anything else they need.
"Mr. Chen, I'll ask you presumptuously, since your company already has North American distribution capabilities, why spend so much money to acquire IM?"
Tang Wei is really curious. Although IM is attractive enough, Legend Pictures has not intervened overseas for so many years.
This time, it's really weird.
"Disney's acquisition of 20th Century Fox is imminent, and Paramount is in name only."
"The locations of the six major film companies are about to be vacated. Do you think the ambitious people will miss this opportunity?"
Chen Dongcheng gently put down his cup and said lightly.
"I definitely don't. If I have the ability, even if I sell the bad guys, I will squeeze into the sixth position."
Tang Wei said decisively.
On this point, he coincided with Chen Dongcheng.
Unfortunately, he is just a professional manager after all, and he is far less financially than Chen Dongcheng.
"Mr. Chen, as you said, there is no second company in the market that has the strength to acquire IM. If you offer a price, as long as it is reasonable, I will sell it."
Tang Wei looked at the young man in front of him and was increasingly looking forward to what step this young man could go?
Can you tell me the story of reading the blog? Could it be that this young man can really lead Legend Pictures into the new six majors?
"For 400 million US dollars, Legend Pictures acquired IM with wholly owned by itself, and all shareholders withdrew."
Chen Dongcheng also took the lead in a decisive way, which is basically the price that best suits the current situation of IM.
Unlike Tang Wei and the others who acquired IM, they just obtained the controlling stake in IM.
Legend Pictures wants to completely control IM and does not allow a second voice to appear.
"We will withdraw completely after the deal."
Tang Wei smiled and reached out. It was a blessing to be able to get help from Legend Pictures when the funds in China broke down.
"Congratulations to Mr. Tang, we may not be able to become friends and cooperate together in the future."
Chen Dongcheng smiled and stretched out his hand, as calm as before.
This acquisition has no suspense in his eyes.
IM is the thing in my pocket and will definitely be taken over by Legend Pictures.
"oh?"
Tang Wei heard the sound of the strings and knew the meaning of the eloquence, and his eyes lit up: "Chen Chen said, can we invest in Legend Pictures in the future with TMP?"
"Of course, our Legend Pictures project will give many partners a certain investment ratio, but the specific ratio depends on the value of the project."
To be continued...