I'm almost a Muggle
Chapter 813 I want to change the avatar
Even if it is poison, you have to swallow it.
Moreover, Lin Dong is in the entertainment industry and often pays attention to investment information.
So he knew very well about the fate of China Capital entering Hollywood, and he was basically cheated.
Among the 14 films that lost the worst throughout the year summarized by "The Hollywood Reporter" in 2016, 9 seats were invested by Chinese capital.
Aofei made money from Xiao Li's "The Revenant" in the mainland, and in a blink of an eye he lost money on "Assassin's Creed".
Li An's new technology "Billy Lynn" eventually lost tens of millions of dollars, and even Fosun could not escape.
"Deep Sea Catastrophe", "Divine War: Eye of Power", and "Difference 3" have made TV and Radio Media beat three consecutive hits in a year.
After Ali Film invested in Spielberg's Amperelin in 2016, the great director personally directed "The Dream-Realizing Giant" suffered a terrible loss from the beginning: the investment was as high as US$140 million and the global box office was US$180 million, which is also one of the most heavy losses throughout the year.
What exactly is the reason?
Is Hollywood so risky?
Actually not.
The reason is very simple, because those projects that are determined to make money often do not appear in the contracts of Chinese companies.
Universal Pictures’ list of films invested by Yuanman Pictures for $500 million does not include big IPs such as "Jurassic World", "Fast and Furious" and "Minions" series.
Disney's Marvel, Star Wars blockbuster, swept away billions of dollars in box office in a year, but none of them were as big as Chinese investors.
It is estimated that those who make money will not give you a chance.
Then you naturally have to bear the tuition for the risky movie.
In any case, Huaxia Capital is an outsider, and its research on Hollywood's set has always been superficial.
However……
Boss Lin is not afraid.
Come and cheat me, and spare no effort.
Anyone who doesn't make money will be given to me.
When Ali lost the most, Boss Lin wanted to make a move for his good friend Jack Ma and replace him.
Yes, if Jackma could give him the project then.
He and Jack Ma are good friends.
There are only two good friends of the wizard. One is that they slept together... Cough cough, they ate together and paid money, and the other is that they helped him lose money.
"If Legend Pictures is not suitable, why should we acquire other Hollywood factories?" Mr. Lin thought for a while and said something came out.
Legend Pictures has $3.5 billion and has to bargain, which is really unsatisfactory.
Since the system said that the money spent is actually obtained from wherever it is.
If we spend US dollars to buy other funds, the system funds were stolen from Miguo, so why bother to acquire their own assets?
Although Legend Pictures is still in Hollywood, it is actually a domestic asset.
"Hollywood Film Company..." Pei Qianlong had a headache.
In the past, Hollywood always said the top ten or quarterfinals, but in fact, there were different opinions in different eras.
In the golden age from 1930 to 1948, there were eight more powerful ones at that time, five of which were more powerful, and three less powerful ones. The difference was whether they had their own theater chains.
After the Paramount Act of 1948, five major film companies were forced to sell theaters to third parties. In addition, the popularity of TVs led to the merger of MGM and Lianyi, Colombia sold Sony, and Lei Dianhua withdrew from the market.
From then on, the 8 majors have become 6 majors.
The current top six in Hollywood refer to Disney, Warner Bros. Universal, Sony, 20th Century Fox, and Paramount.
Paramount's most delicious Paramount Act in 1948 was named after him, and it was old cowhide at that time.
Nowadays, it also has popular IPs such as "The Godfather", "Mission Impossible", "Star Trek" and "Transformers".
If you want to acquire it, 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 it.
The market belongs to both sides, and you can’t buy it just by wanting it. Who doesn’t have a financial backer’s father?
"Let's buy MGM." Lin Dong unfolded a tablet in front of him and browsed one by one.
After receiving the request, the advertising and marketing department immediately sent the information.
The boss said, the person below ran away.
"MGM?!" Han Feizi was surprised. She hesitated and asked: "Mr. Lin, have you read too many entertainment articles in Meowshe. Many of the people who entered Hollywood want to acquire MGM, but the background in those books is relatively early, and MGM is really not good now."
And, don't you think this is too old-fashioned?
No, I won't buy it if it really works.
"MGM was once the quarterfinals of Hollywood, but it is not the current quarterfinals of six." Pei Qianlong reminded.
Boss, what about your heroism? Shouldn’t you go straight to the top six?
MGM is indeed 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 no less than the current top six.
However, everything has become history.
In May 1948, the Paramount Act was introduced, requiring production companies to only regulate production and abandon distribution and cinema operations.
MGM has never recovered from now on.
After the 1960s, MGM was traded many times in the capital market.
In 2005, MGM's debt reached US$2 billion, just one step away from bankruptcy.
A group of consortiums led by Sony formed MGM Holdings, which acquired MGM Film Company through a $4.8 billion leveraged acquisition.
However, Sony is not MGM's "savior". It just took a fancy to 4,100 videos in MGM's film library, and combined with its existing number of videos, it successfully won the battle for high-definition DVD formats.
MGM further declined due to layoffs and closing studios. By 2009, MGM's debt had reached nearly US$4 billion and had to choose to file for bankruptcy protection.
In the end, a Hollywood studio "Television Entertainment", which is not well-known, merged its two subsidiaries with MGM to form a new MGM Film Company.
New MGM received $500 million in financing from the bank with its endorsement, bid farewell to bankruptcy and entered restructuring.
At this point, MGM is still surviving.
Can the Cat Factory save MGM?
Pei Qianlong didn't think so at all, and no one could save MGM.
MGM's most valuable IP is "007", but this thing is too old, the plot cannot keep up with the times, and there is not much market in China.
At the same time, too many similar films appear, such as "Mission: Impossible", "Spy Shadows", etc.
"I didn't see the entertainment you mentioned. I also know that MGM is not the semi-final six," Lin Dong showed it to two senior executives of the strategy department with a tablet:
"I wanted to replace this lion's head with a cat's head, and I thought about it a long time ago."
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