I’m Almost Losing to a Muggle
Chapter 823 I Have a Friend
Integration is expected. It seems that all acquired companies will go through this step. It is a good thing for MGM now.
For a long time, the problem of MGM is that the profit model is too single.
Only by movies.
Movies can only rely on 007.
There is no ability to resist risks, so successive acquirers have tried to change the status quo, tossing some things like resorts, hotels, and coffee.
Of course, since MGM wants to sell itself now, it can be known that these attempts have all failed.
If you sell it, you can concentrate on making movies.
Now MGM no longer has to worry about the single issue.
Gary Barber and Mary Parente did some research on the Chinese company Kleist Culture Technology Co., Ltd. before setting off for China.
They were surprised to find that this company, which was established less than six years ago, spans multiple industries such as entertainment, Internet, technology, automobiles, and drones. It owns the largest live broadcast platform in China, the second music kingdom, and the fourth video platform. website……
60 billion to invest in the chip industry.
30 billion to make cars.
30 billion to create online and offline retail...
Proper business juggernaut.
What makes them even more incomprehensible is that such a company is not even listed.
Being acquired by such a company, I worry about being single ass.
What makes them think that a child with a mother is like a treasure is the strong strength of this company in film production and distribution.
This company released a movie Xin Shushan last year, with a total box office of nearly 1.1 billion U.S. dollars, and won 90 million box office in North America.
They were in Hollywood, and they knew better than anyone the impact of this movie at the time.
From this movie, Hollywood filmmakers discovered to their horror that Huaxia movies are extremely competitive in terms of special effects and production.
Many people say that this company will be the enemy of Hollywood movies in the future.
Now, the archenemy is MGM's dad.
Dad, he hit me~
Be good, dad help you beat them~
Give you money, give you special effects, give you resources...
It's nice to have kids with dads!
The first installment gave $3.8 billion, which brought Gary Barber and Mary Parent to tears.
It's really worthwhile for us to be two or five boys in advance.
You guessed it right, the company threw $10 billion into the project.
The rest of the money spent on acquisitions has all been turned into development funds.
Although Hollywood movies are flooded with blockbusters and blockbusters, on average, $100 million is enough to make a very good blockbuster.
$3.8 billion is enough for them to make 38 films.
In fact, their budget last year was 50 million for one film, and they could only shoot three to six films.
So I had to follow Warner to eat the leftovers of The Hobbit.
This gap is simply too great.
If you want to understand what the concept of $3.8 billion is.
We might as well take a look at last year, that is, in 2016, the report card of major Hollywood companies.
Disney has launched a total of 13 films, and the domestic box office of these films has reached 3 billion U.S. dollars; Warner, which has launched 25 films, has a domestic box office of 1.9 billion U.S. dollars in Migo; Universal, which also launched 17 films, was 1.4 billion US dollars; although Sony launched 21 films, the company’s domestic box office was only 911 million US dollars; Paramount, which launched 15 films, was even more Only $877 million.
That is 3.8 billion US dollars, which is higher than the box office of any one last year.
If the distribution and theater share are removed, the box office will generate even less profit.
The impact is too great, and they don't feel real.
They tried their best to control their expressions, not to lose face in front of the Chinese people, we are Migo elites.
Probably like this. The two of you will start working immediately after returning home. With the launch of our documentary Big Cat around the world, everyone will be able to see the new logo of MGM. It’s in the performance indicators.” Pei Qianlong exhorted Mr. Lin dry-mouthedly.
Regardless of whether Mr. Lin's ambition is the European and American film markets, or he simply wants to promote Kleist's brand to the world, he doesn't want Mr. Lin to be disappointed.
A large investment of 10 billion US dollars and 67 billion must not lose money.
Absolutely no problem. I can run on distribution. I actually want to make sure that we can really make the decisions about the money? Gary Barber finally chose to ask directly.
To a certain extent, it's up to you. After hearing this question, Pei Qianlong motioned for Shi Shanshan, the president, to explain.
This is the company's rules and regulations.
The 3.8 billion will be placed in MGM's account, and it can be used after being reviewed by MGM's finance department and then reported to the group for approval. Shi Shanshan said.
Of course, it is impossible to say that you can take all of them if you want.
Many people wandered to Migo with a huge amount of money. As a result, they not only ignored the legality of the money, but also deliberately covered it up to attract more funds into their social system.
They will not protect the interests of crooked investors.
Therefore, it is necessary to use certain procedures to protect the safety of funds.
The dispatch to the finance department of MGM is a further guarantee.
Like I have a friend... Gary Barber tried to describe it by way of example.
Puff! One after another, the executives in the conference room couldn't control themselves.
Is it also popular among foreigners to make dirty friends?
Poor Gary Barber doesn't know what he said wrong. Is this the gap between Chinese and Western cultures?
Shi Shanshan held back her laughter, and in order not to cause a gap in their relationship, she popularized this domestic internet joke to the two foreigners.
Gary Barber also laughed, and he quickly explained: But I really don't have a friend out of nothing, I'm talking about Graham King, maybe you have heard of his movie The Departed or Rain fruit.
I like his Foreseeing the Future better. It's a very good setting, but it's a pity that Nicholas and Zhao Si couldn't use it to make a comeback. Du Qixi has obviously heard of this person.
When he brags with others, he likes to mention different directors.
People in the director department must have knowledge to brag, just like junior high school students writing essays, and famous quotes are a bonus item.
Yes, that's him. Someone here knows an old friend, and Gary Barber is very happy. He went on to explain: My friend, he has always wanted to put the Queen's experience on the big screen.
Queen, if you are unfamiliar with this name, mention We Will Rock You, it is almost a household name.
However, this is already the work after their group disbanded.
In 2004, the BBC produced a documentary about Bohemian Rhapsody. Starting from the music, former band members and music producers were able to recall the youthful moments of Queen.
Since then, Sony has begun preparations for this biographical film, trying to more fully demonstrate the legendary story of this legendary band.
Unfortunately, by 2010, Sony sold the copyright to 20th Century Fox and completely abandoned the idea.
This year is 2017, seven years have passed, and 20th Century Fox has not put this movie on the agenda.
Graham King hopes to make this biopic in his lifetime.
A biopic, Gary Barber hopes to use it to test how much authority he has in his new company.
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