My Life Can Hang

He had previously instructed Grod to find a suitable distribution company, and he didn't know how this guy was going.

When he arrived at Legendary Pictures, Chen Dong was mature and familiar, and walked into Grod's office.

Grod was busy reviewing the documents, when he looked up and saw Chen Dongcheng walking in, he quickly got up to greet him.

"Boss, you came just in time. I have found three companies with international distribution capabilities. Which one do you think is better for us to acquire?"

Grod handed over three documents. All three companies had experience in releasing multiple Hollywood movies.

These three companies are not small in size. One of the largest distribution companies, IM Global, attracted the attention of Chen Dongcheng.

"What's going on with this company called IM Global?"

Chen Dongcheng simply flipped through the information and asked casually.

"It just so happens that this issuing company was previously acquired by an investment company composed of Huaxia Capital."

"In the past two years, Huaxia has become more and more stringent in reviewing the outflow of funds, and this company's life has become more and more difficult."

"The investment promised by Huaxia has been delayed, and a lot of their funds have been invested in the project, and now they can't make ends meet."

Grod is meticulous in his work, and has investigated the company's background and recent situation very clearly.

"I see."

Chen Dongcheng nodded. In the past few years, these capitals rushed to invest overseas.

Anyway, the money spent in the bank is a big one.

It was not until the strict investigation began that these companies were completely honest.

Even domestic companies are almost unable to stabilize, so how can they have the heart to manage overseas projects.

Similar to this kind of distribution company, it is completely under the giant to survive.

The six major film production companies account for almost 80% of the North American box office, and each has its own distribution channel.

They can only fight for the remaining less than 20% of the market share.

Under such circumstances, many overseas distribution channels have to spend money to maintain them, and losses will naturally occur.

In addition, the funds promised by Huaxia have been delayed.

It is easy to say that the major shareholder who was acquired before, just slapped the butt and took the money to leave.

The reason why the minority shareholders still hold equity is that they are counting on the fathers of China's gold owners to spend money to fly them.

Now that the gold master's father has run away, he's still a fart.

"How much are they asking for?"

Chen Dongcheng's interest in this company is really not small.

If it weren't for domestic regulatory policies, the company might not have appeared on the sale list.

In addition to the six major film companies, IM Global is the number one independent film production and distribution company independent of the six major U.S. film companies, with distribution capabilities in more than 50 countries.

Legendary Pictures just lacks the overseas distribution capabilities that the other party has.

Once Legendary Pictures annexes IM Global, it will have North American and overseas distribution capabilities no less than the six major film companies.

"Although they want to sell, they don't want to sell it cheaply, and they offer $[-] million."

Although Grod's voice was steady, there was a hint of excitement.

In Hollywood, the Big Six are awesome not only because of their production capabilities and reserved IP.

More because they have distribution channels that other independent film production companies do not have.

Overseas distribution has always been a pain in the heart of Legendary Pictures.

Without the ability to distribute overseas, even the IP King Kong and Godzilla reserved by Legendary Pictures have to be allowed to share investment shares with giants such as Warner Bros. and Universal Pictures.

This is the cruelest aspect of Hollywood. If you master the distribution, you will have the initiative.

Chapter 626. 624, Global Distribution Channels

"Five hundred million dollars is too high, and the price is completely unreasonable."

Chen Dongcheng sneered, really whimsical.

Although their channel is very attractive, it is impossible to be the one to take advantage of.

"I think so too. We might as well meet with people from TMP. People who want to win IM and TMP can't be avoided no matter what."

Grod suggested.

"Well, then you make an appointment to finalize this matter as soon as possible. I am very confident in "Joker". We must master the overseas distribution channels as quickly as possible."

Chen Dongcheng knew very well how exaggerated the performance of "Joker" was.

The global box office exceeded one billion US dollars, almost locking in one of the most profitable comic book adaptations.

This kind of achievement is enough to make Warner Bros. turn against him.

He was obviously his own cartoon character, but he was fooled by Legendary Pictures.

In general Hollywood movies, the overseas box office basically accounts for [-]% of the total box office, which shows the importance of overseas distribution capabilities.

Even for the global box office of "Joker", Chen Dongcheng must acquire IM.

As long as it masters the ability to distribute overseas, even if Warner Bros. wants to target itself, it has missed the best opportunity and can only let Legendary Pictures grow rapidly.

Grod doesn't know where his boss's confidence comes from, so he is so sure that "Joker" will be a big hit.

In any case, the acquisition of IM is always a good thing for Legendary Pictures.

……

Legendary Pictures wanted to buy it, and TMP really wanted to sell it, and the two sides hit it off.

The founder of TMP is called Tang Wei, who is indeed a person.

Before 2008, the Chinese who once achieved the highest position on Wall Street shows how good his skills are.

He lives in the United States for a long time, and has some intersections with many domestic capital giants.

Under his push, giants such as Tengxun have invested in the establishment of this Sino-US joint venture TMP.

Tang Wei, on the other hand, relied on his excellent skills and connections to secure the position of President of TMP.

Even many Huaxia capitals trust Tang Wei.

If HNA and Wanda were not too aggressive, the upper-level supervision of the outflow of funds overseas would not have come so fiercely and quickly.

Tang Wei's ambitions were completely extinguished by a regulatory policy.

At this point, the two sides meet.

Tang Wei was a little surprised to find that Grod came with a young man, and the young man walked in front.

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 European and American aesthetics, he feels that this young man can even go to Hollywood to develop, and maybe he will have a chance to become popular.

"Tang, this is my boss, you should have heard of his name."

Grod introduced it with a smile, and he and Tang Wei had only met twice at other banquets.

Tang Wei has long sleeves and is good at dancing, and he is also very familiar with the presidents of second-tier film and television companies.

"You are... President Chen?"

Tang Wei frowned and thought deeply, always feeling that this young man was a little familiar, as if he had seen it before.

Suddenly, a picture flashed in my mind.

That was a group photo he saw in the office of Mr. Fuji Xun's little horse.

Above are the two brothers Xiao Ma and Chen Dongcheng.

At that time, he remembered that Brother Xiao Ma pointed to Chen Dongcheng and introduced him to him. The long list of resumes blinded him.

But after inquiring carefully, he could feel the horror of this person more and more.

Until he heard that Legendary Pictures was acquired not long ago, as a Hollywood news passer, he has been inquiring about Legendary Pictures' actions.

He never dreamed that his contact with Mr. Chen would be in the form of his company being acquired.

Thinking of this, Tang Wei couldn't help shaking his head and laughing.

"Mr. Tang should understand our intentions, so I won't go around in circles. As long as the price is reasonable, we, Legendary Pictures, are willing to buy IM wholly."

They are all smart people, and wrangling can only waste time, it is useless.

"Mr. Chen is really quick to talk, but the value of IM, Mr. Chen should be very clear, and any ambitious film and television company will not miss it."

Tang Wei smiled without showing any urgency.

Anyway, the value of IM is there, no one will not be interested.

"Oh? Could it be that we have other competitors?"

Chen Dongcheng was drinking coffee and his mind was racing.

At this point in time, there are not many companies that are interested in IM and have strength.

And it seems that there is only one family that has been eyeing the six major positions.

"What President Tang said, shouldn't it be Lionsgate Pictures?"

Tang Wei narrowed his eyes, but his heart was filled with admiration.

From his own words, he can quickly guess which one it is, and he does have some skills.

"That's right, Lionsgate is also in touch with us. After all, Paramount's market share has declined dramatically, and it won't last a few years."

Tang Wei did not hide it, and properly exposed other buyers, which would help him raise the price.

"Mr. Tang, although Lionsgate Pictures is not bad, it may not have enough funds to eat IM."

Chen Dongcheng took a sip of coffee calmly, and said calmly, "Lionsgate just acquired a majority stake in 3Arts not long ago.