Hollywood Tycoon [US Entertainment + Business War]

In fact, with the passage of time, Jed found that the so-called "foresight" advantage of the traversers is also gradually decreasing.One is that the time point will soon be approaching his crossing point at that time, and he doesn't know how things will develop in the future; The correction function of history itself, so history has shifted.The biggest problem right now is the MGM Holdings that he negotiated with Sony to establish. Historically, this company should have been jointly initiated by Sony Group and NBC Universal Group, but now it has been initiated by Sony, Galaxy and Lionsgate. of.And more importantly, Jed has completely pushed out Lionsgate, one of the small Hollywood giants in the future, so Jed himself is not sure about the final direction of the MGM acquisition.Fortunately, Jade has a very sophisticated acquisition team. They have already conducted a "sand table deduction" based on the current data and situation, and their advice is "let it go as soon as it is good."Perhaps in just a few years, Galaxy has become one of the giants in Hollywood, but compared to Sony and its Columbia Pictures, Galaxy is really just an "upstart".Even though the movies produced by Galaxy are often at the forefront of the annual box office list, but in terms of box office share and total distribution, Galaxy and Sony are not an order of magnitude comparison at all.More importantly, behind Sony Pictures Entertainment Group stands the Sony Group and the Mitsui Consortium, which is closely related to the Japanese government.With the intensification of the subprime mortgage crisis in the United States, the strategy adopted by the US government is nothing more than passing the crisis on to the world (especially Europe) on the one hand, and selling excess US bonds to emerging markets on the other hand in order to survive.In addition to the so-called BRIC countries in the world that can consume a large amount of US bonds, Japan is naturally the most important customer of the United States.When the United States needs Japan next year, capitalists like Jed will not have much influence. God knows which side the US government will stand by then.Therefore, Jed's think tank thinks that Jed should accept it as soon as it is good, so Jed agrees to meet with Morita.

"Mr. Morita, we are very aware of each other's reasons, so let's get straight to the point and talk about Sony's conditions." Jed was also unambiguous, and after pouring a glass of red wine for Morita, he looked at Morita with a slight smile.

"The acquisition of MGM must be completed. This is a major event for Sony Pictures Entertainment Group and Sony Group this year." Both Sony Pictures Entertainment and Sony Group, which are deeply involved in scandals, must rely on a major event to reverse the media's evaluation of themselves, and The acquisition of MGM is undoubtedly the best thing. "After the MGM acquisition is completed, the trademarks of MGM and United Artists will be owned by the Sony Group, the company's assets and debts will be divided equally between the two companies, and the copyright of the film library will be owned by the Sony Group. In the next ten years, Galaxy Pictures will The group has priority clauses for free and exclusive use of film library copyrights; after ten years, we will discuss this depending on the situation."

"Mr. Morita, do you think I'm a three-year-old child?" Jed took a sip of his wine and said coldly, "I can withdraw the capital from MGM Holdings at any time, and then all the VAM agreements will be undertaken by Sony Pictures Entertainment Group Don't tell me you're not afraid, those four banking groups are backed by the United States, the European Union, India and South American consortiums, do you think they will give up their claims against Sony Group? If I'm not wrong, the entire Sony Pictures Entertainment The split of the group's North American business department is not enough to repay the gambling agreement, okay? At that time, not only will you not get MGM, but you will even have to sell two film companies, Columbia and Samsung; and most likely, your Sony The group’s entertainment business in Japan will also be sold. Tsk tsk, Japan’s film and television entertainment market has always been independent from the global entertainment market. Do you think these consortiums will take this opportunity to go to Japan to seek gold? Think about it, the world’s second largest The record market and the fourth largest movie box office market, if it were me, I would not give up!"

Morita's back suddenly turned cold. The reason why the Japanese record and movie markets are independent from the global entertainment media market is simply because Japan's media market and distribution market are monopolized by Japanese companies, and it is almost impossible for foreign companies to enter.Which of Japan's five major TV networks and seven major broadcasting networks is not controlled by a Japanese chaebol like the Mitsui Foundation?If the Sony Group accidentally missed Jingzhou, I'm afraid not only myself would have to apologize with death.But Sheng Tian still had a straight face and said: "Divestment? Isn't Galaxy Pictures worried about the consequences of this divestment? Sony may be hurting a lot, so can Galaxy not be damaged at all? Sherman-san, you and I They are all grown-ups, don't say the words of young people's emotional disputes."

"That's right, divestment is indeed a tactic to kill one thousand and hurt eight hundred, but my foundation is still there." Jed sneered, "My Media Asia Pictures Group and Wanda AMC Cinemas in the Asian market have already It’s the harvest season. Even if I lose my armor in the North American market, as long as I have 40% of the mainland’s theaters and Hong Kong island film sources in my hands, do you think the group of bankers in North America will give me a chance to make a comeback? ? Mr. Morita, Yinhe is still a very young company, we can afford to lose!"

Sheng Tian was so angry that he had nothing to say. Indeed, as Jed said, Yinhe is a very young company, so what if it loses?Even if Galaxy declares bankruptcy, a lot of bankers come to Jed with dollar bills to reopen the company. This is the charm of genius!What's more, Yinhe very "smartly" assigned the film and television copyright and script copyright to two companies. Even if someone took over the "bankrupt" Yinhe company, they would still need to pay Jade's company copyright fees for future filming of Yinhe.Sheng Tian couldn't help but feel startled at the person in front of him. Was it this person who made up his mind before making a move?Yinhe is considered a very peaceful company in the circle. First, it does not hostilely acquire small companies, and second, it does not deliberately use movies to snipe the box office of other people's masterpieces. Gradually, everyone has forgotten the unanimous evaluation of Jed by Redstone and Murdoch—— "Sly Fox".Even the chairman of MGM, whom no one in the entertainment industry looks down on, Kerkorian also chatted with friends in private, "If Jed Sherman becomes my opponent one day, I will definitely start Run away, because he is ready to eat me, otherwise he will not be my enemy."

But Sheng Tian still pretended to sneer and said: "Sherman-san should think more about it!"

Jed waved his hand and said: "Don't think about it anymore, this is the final solution!" Jed threw a legal document to Morita, "Sony transfers all its shares in MGM Holdings for free as compensation, Galaxy will give up continuing to attack Sony in Asia, and at the same time is willing to sell the Sony stock in hand to Sony at a reasonable price." Jed got angry with Morita and reached out to stop him, "Mr. Morita, since you don't have the right to make the final decision , then take the paperwork to someone who can make the decision."

In this way, Sheng Tian was rudely invited away by Jed. When he left the Sherman mansion, Sheng Tian only felt dizzy.Fortunately, the bodyguards around him noticed the abnormality and sent Morita to the hospital immediately, and was diagnosed as a "mild stroke".That being the case, the negotiations with Jade had to be handed over to the people at the Sony Group headquarters.Morita's assistant faxed Jade's agreement to Sony's headquarters. This harsh agreement naturally made Sony's board of directors angry for a while, but they also had to say that they really had nothing to do.As the chairman, Akio Morita stopped unnecessary disputes in the board of directors, and said lightly: "Just sign this agreement, but we have to attach two conditions: First, MGM's film library will be in the next five years. Sony Pictures Entertainment Group has the right to use it free of charge; second, the Sony Group’s repurchase price cannot exceed 20% of the current transaction price. Others, please agree.” After finishing speaking, Akio Morita left the board meeting room dejectedly.And the assistant secretaries who have been waiting anxiously outside are also anxiously waiting for the company's final decision. Should they go to war with Galaxy at all costs, or endure humiliation and survive?

"It's indeed a Japanese company!" Jed quickly got the agreement from Sony Group, "I can bear such harsh conditions! Tsk tsk, not only will I be given a MGM company for free, but also at the market price. Repurchase my stock. I admire Akio Morita for accepting all the conditions."

"Yeah, the wolf hiding in the grass is the scariest." John also agreed with Jed. "Actually, we didn't take advantage of it. Firstly, the share price of Sony Group is falling, and their repurchase cost is actually very low; secondly, they abandoned the acquisition of MGM, which is a big deal for them. burden; in the end, the five-year use right can be regarded as a kind of compensation for them.”

Jed didn't say anything, and after thinking for a long time, "I guess another executive meeting will be held. On the one hand, we have to prepare for delisting and reorganization, and on the other hand, we will plan to list the new company. According to many people's ideas, we should divide But I decided to go public collectively. However, the listed part is only a part of Sherman Entertainment Group. Our business in the record and Asian markets is not listed, and our investment in theaters and real estate is not listed. .”

"That is the listing of the production department and the distribution department?" John asked, "is it still the method of A shares and B shares? The China Securities Regulatory Commission has a lot of opinions on such a classified stock listing, and thinks it is unfair to B-share shareholders. "

"Viacom can do it, so can we." Jed sneered, "If he is not satisfied, I will make all the company's equity into an overseas company. Who will solve a lot of unemployment problems? If the China Securities Regulatory Commission wants to If we want to cross the line, we will directly contact the Federal Government Treasury Department and the Congressional Commerce and Trade Committee!"

"Then I understand!" John didn't care much about delisting. With Jed's control, Galaxy Film Group's delisting would be very easy.Moreover, the China Securities Regulatory Commission must also be more interested in the new Galaxy Film Group in the future. The giants that gather the current Galaxy, MGM, and Lionsgate are extremely popular in any trading market. "If all goes well, we will complete the complete delisting before the end of the fiscal year tomorrow, and in the new fiscal year of 2010, we should be able to list the new Galaxy Pictures. At the same time, we will also complete the restructuring in Asia , launched Media Asia Pictures and Oriental Entertainment to be listed in Hong Kong and Japan respectively."