Chapter 649 Planning for MGM
The Legend of Rebirth of the Post-80s, Volume 1, Chapter 547 Planning for MGM? With the big sale of "Despicable Dad", Zhang Zhao began to make the final sprint for the listing of Starlight Film in China. The first step was to acquire Starlight Culture, which is the variety entertainment and music brokerage sector led by Long Danni. Although it created several phenomenal variety shows, the domestic revenue part has not been ideal. You don’t need to think about the tricks in this. This time, with the opportunity to go public on Starlight Film and Television, it depends on how the individual shareholders of Mango TV choose, and the cash is still there.
It is shares. Anyway, looking at profits, Xingguang Culture's valuation is not that big. No matter how they choose, there is no big difference for Xingguang Film and Television. If they want more shares, it is better, how can they flow out of Xingguang Culture and how can they come back? As for the shares that are given up, haha, don't think too much. Whoever controls the company is in, the company belongs to whom I want to pay dividends, I have to agree. As for the profits brought by the rise and fall of the stock price, don't think too much, want everything, and in the end, you may not get anything.
After several days of entanglement, Huaying's Han Santong finally chose to surrender.
"Brother Zhou, next time this kind of thing is a little tactful, you might as well say, let me help you, there is no need to make everyone unhappy." Gao Xiqing called Zhou Shi by phone.
"What's the matter?" Zhou Shi didn't understand what the other party said.
"Of course it's Miramax's business. Although Huaying is a small company in your eyes, they have a great influence in the radio and television system and the film and television industry. It is not worth it for you to have conflicts over a small matter." Gao Xiqing
"Oh, I don't want to do it either. I always treat it as a donkey's liver and lungs, and I think it's not worth it." Zhou Shi
"It's your fault. Either let everyone know what kind of person you are, or you can be with Guang and pay attention to strategy..." Gao Xiqing
"What you said makes sense, I will pay attention." Zhou Shi
"It's not my turn to interrupt your current identity and status. Everything you do now represents your collective, and more people are affected by your decision-making. Lao Han is pretty good. If you offend a villain and give you something at a critical moment, the consequences will be very serious..." Gao Xiqing
"Okay, can't I go to apologize to Han Santong?" Zhou Shi
"Apology is not enough, and Huaying's doing it is not authentic..." Gao Xiqing, a young and energetic person like Zhou Shi, would not know what would happen later. Besides, he would not change the conditions for cooperation, so what's the use of apologizing or not.
Although the matter here is a hot topic, Miramax's ceo Robert Freeman has not come forward. He is busy working with MGM.
There are many people who want to acquire MGM. It is not difficult to imagine that bankruptcy and reorganization are almost certain. After so many reselling, it is still unknown how many traps there are. No one wants to take over a mess. Sony, who is not short of money, has not been able to handle it. It can be seen that this is not just a problem of funds, or that the input and output are extremely disproportionate, so Sony will give up MGM.
There are still several quotations for MGM now, Warner is $1.5 billion, uh, this is completely eliminated, the price is too low. There is also the 200 million US dollar cash acquisition of Indian Capital. Well, although the price is a little higher, who believes that Indian San can play Hollywood? Then there is the proposal of MGM to merge with privately held spyg1asseentertainment, but this privately held company wants to acquire 95% of the shares. The interests of the original shareholders and creditors are seriously damaged. The biggest threat to Miramax is Lionsgate Pictures and Telescope Films. Needless to say, Lionsgate, Hollywood
The seventh largest film company has strong strength and ability; Telescope Film Company is the company that eventually took over MGM in history. The strategies of the three companies are roughly the same. The company after the merger with MGM will be owned by its shareholders and MGM creditors. The difference is that Lionsgate Film Company requires more. If you want 45% of the shares of the new company, Telescope Film Company requires less, only about 5%. Miramax took an intermediate value, which requires about 30% of the shares. Although Zhou Shi's ultimate goal is only about 5% to 10%, if possible, it is also a good thing to own more MGM shares.
"Our advantage lies in having our own ability, experience in success, and the requirements are lower than Lionsgate Pictures. After all, the Telescope Film Company does not have the ability to do so, which will dilute a large part of the profits. And we have the advantages of the Chinese market, which is the fastest-acting film market in the world. I think they will consider this." Robert Freman, Telescope Film Company was co-founded by Gary Barber and Roger Beinbaum in 1998, but it was established by European media groups Kilch Group and Mediaset for a five-year sales agreement with Walt Disney Company. It is currently owned by Cyber Asset Management Company. Compared with Zhou Shi, a rich man, the company's capabilities should not be very attractive to MGM shareholders.
"But Lionsgate Film has Carl Icahn?" Zhou Shi
"But no one likes Carl, and his existence may not be a good thing for Lionsgate Pictures. Under the same conditions, it may be difficult for us to compete with Lionsgate, but with the contradiction between their board of directors and Carl Icahn, it may not be lowering our requirements." Robert Freman
Carl Icahn wants to acquire Lions Gate, but the founder and leader of Lions Gate have an idealistic temperament and do not want to be controlled by capital. He is very resistant to the barbarians at the door like Carl. Various countermeasures make it difficult for Carl to take action. For example, Galaxy Capital became a small shareholder of Lions Gate and owns less than one percent of the shares. However, if Carl wants to acquire Lions Gate, then Galaxy Capital has the right to purchase Lions Gate shares at an unrestricted discount, and in extreme cases it can even acquire Lions Gate Pictures.
In fact, Miramax is now strong enough and will be even stronger in the future. Several successful blockbusters filmed by Lionsgate in history have been won by Miramax, including the top box office versions of "The Hunger Games". However, MGM's success does not mean that there is no lucky factor, but an excellent team is the basis for all success. Robert Freman's successful operation of Tempo Entertainment is proof.
As for the investment in MGM, from now on, Miramax is most likely to succeed, but it is hard to say that everything is settled before the last moment. It is not impossible to say that it will be turned over at the last moment. However, Miramax, who maintains a good cooperative relationship with Disney, is a good partner of MGM from any perspective. I believe that MGM's shareholders and creditors are not fools.
Chapter completed!