I’m Almost Losing to a Muggle
Chapter 816 I want to change my profile picture
Even if it is poison, it has to be swallowed.
Moreover, Lin Dong is in the entertainment industry and often pays attention to investment information.
So he was very clear about the fate of Huaxia Capital's entry into Hollywood, and basically he was cheated.
In 2016, Hollywood Reporter summarized 14 films that lost the most money in the whole year, and 9 of them had Chinese capital investment.
Ao Fei had only made money in the mainland from Xiao Li's The Revenant, but he lost it on Assassin's Creed in a blink of an eye.
Billy Lynn, which Li Yan played with new technologies, ended up losing tens of millions of dollars, and neither Guangjin nor Fosun could escape.
Deep Sea Cataclysm, God of War: Eyes of Power, and Divergent 3 made Dianguang Media even hit three times in a year.
After Ahri Films invested in Spielberg's Amblin in 2016, The Giant of Dreams directed by the great director suffered a disastrous loss: the investment was as high as 140 million U.S. dollars, and the global box office was 180 million U.S. dollars. One of the worst Hollywood films.
what is the reason behind the scene.
Is Hollywood so risky?
Actually not.
The reason is simple, because those projects that are sure to make money often do not appear in the contracts of Chinese companies.
The Universal Pictures film list invested by Perfect Pictures for US$500 million does not include big IPs such as Jurassic World, Fast and Furious and the Minions series.
Disney's Marvel and Star Wars blockbusters take billions of dollars in the box office a year, but none of them have the share of Huaxia investors.
If you estimate to make money, people will not give you a chance.
Then you naturally have to bear the tuition of risky movies.
In any case, Huaxia Capital is an outsider, and its research on Hollywood has always been superficial.
However……
Boss Lin is not afraid.
Come to cheat me, cheat hard, spare no effort to cheat.
Anything that doesn't make money is brought to me.
At the time when Ahri suffered the most, Boss Lin wished he could do something for his good friend Jack Ma and replace him with his own body.
Yes, if at that time Jack Ma can send him the project.
He and Jack Ma are good friends.
There are only two kinds of good friends of Master Wizard, one is the one who slept with... ahem, the one who had dinner together and paid for it, and the one who helped him lose money.
If Legendary Pictures isn't suitable, then let's buy other major Hollywood studios. Master Lin thought for a while before saying something.
Legendary Pictures has 3.5 billion US dollars, and it has to be bargained, which is really not enough.
Now that the system has said that where the money is spent is actually where it is obtained from.
We spent US dollars to buy other things, and the system funds were snatched from Migo, so why bother to buy our own assets?
Although Legendary Pictures is still in Hollywood, it is already a domestic asset.
Hollywood Films... Pei Qianlong had a headache.
In the past, Hollywood always talked about the top ten or the top eight. In fact, there are different sayings in different eras.
In the golden age from 1930 to 1948, there were eight more powerful ones, five of them more powerful, and three less powerful. The difference lies in whether they have their own theaters.
After the Paramount Act of 1948, the five major film companies were forced to sell their theaters to third parties. Coupled with the popularity of televisions, MGM and United Artists merged, Columbia sold itself to Sony, and RKO withdrew from the market.
Since then, the 8th University has become the 6th University.
The current top six in Hollywood refer to Disney, Warner Bros., Universal, Sony, 20th Century Fox, and Paramount.
Paramount is the best. The Paramount act in 1948 was named after him. It was old cowhide at that time.
Today, it also has popular IPs such as The Godfather, Mission: Impossible, Star Trek and Transformers.
If you want to acquire, it is undoubtedly more feasible to choose it.
After all, Paramount lost $445 million in 2016-other companies that don't lose money may not necessarily sell.
The market is two-sided, you can't buy it if you want it, and who doesn't have a gold master father?
Let's buy MGM. Lin Dong unfolded a tablet in front of him and browsed one by one.
After receiving the demand, the advertising and marketing department sent the information immediately.
With a word from the boss, the people below will lose their legs.
MGM?! Concubine Han was very surprised. She hesitated and asked, Mr. Lin, have you read too many Miaoshe entertainment articles? Many of the novels on it that enter Hollywood have to buy MGM, but those books The background of the film is relatively early, and the current MGM really can’t do it.”
And, don't you think that's too corny?
No, okay, if it really works, I won't buy it yet.
MGM used to be in the top eight in Hollywood, but it is not in the current top six. Pei Qianlong reminded.
Boss, what about your arrogance, shouldn't you go straight to the top six?
MGM has indeed been brilliant. The Oscars themselves were initiated by Meyer, one of the founders of MGM Films. MGM's status and influence in global film history are not inferior to the current top six.
However, everything is history.
In May 1948, the Paramount Act was promulgated, requiring production companies to only control films and give up distribution and cinema business operations.
MGM never recovered.
After the 1960s, MGM has been traded many times in the capital market.
In 2005, MGM's debt was as high as $2 billion, and it was only one step away from bankruptcy.
A consortium led by Sony formed MGM Holdings, which acquired MGM Films in a $4.8 billion leveraged buyout.
However, Sony is not the savior of MGM. It only took a fancy to the 4,100 films in MGM's film library, and combined with the number of films it already has, it successfully won the high-definition DVD format competition.
MGM, on the other hand, went further into decline under the circumstances of layoffs and studio closures. By 2009, MGM's debt had reached nearly 4 billion U.S. dollars, and it had to choose to apply for bankruptcy protection.
Eventually, Telescope Entertainment, a little-known Hollywood studio, merged two of its subsidiaries with MGM to form the new MGM Films.
With the endorsement of Chase, the new MGM obtained US$500 million in bank financing, bid farewell to bankruptcy and entered restructuring.
So far, MGM is still lingering.
Cat factory saved MGM?
Pei Qianlong doesn't think so at all, no one can save MGM.
The most valuable IP of MGM is 007, but this game is too old, the plot cannot keep up with the times, and there is not much market in China.
At the same time, there are too many films of the same type, such as Mission Impossible, Bourne Shadow and so on.
I didn't read the entertainment novel you mentioned, and I also know that MGM is not the top six, Lin Dong held the tablet and showed it to the two senior leaders of the strategy department:
I want to replace this lion's head with a cat's head. I thought about it a long time ago.
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