Huayu Zhihao

Chapter 928 North American group mockery 2.0 (third update)

In 2011, Liangtianchi Pictures ranked No. 2 among independent film companies for two consecutive years. After No. 7 on the annual list, it broke out of its cocoon and became a butterfly, breaking the monopoly of the six Hollywood giants. The annual total box office ranked No. 5 in North America!

In an instant, Liang Tianchi Films became the focus of the entire Hollywood. While the media praised Liang Tianchi, more internal information about Liang Tianchi was also leaked.

The first is that Liang Tianchi is going to sell part of Marvel Entertainment's equity, and the six Hollywood giants have shown strong interest.

This news is unexpected and reasonable.

Unexpectedly, because the Marvel superhero movie universe plan, which was ridiculed by the whole of North America, has gradually become a reality after 5 years and 5 movies.

And after "The Avengers" directed by Chen Hao will be released on May 2012, 5, the first phase has been officially completed.

Under the foundation of 5 movies, with an investment of 2 million US dollars, plus the director Chen Hao and starring Robert Downey Jr., "The Avengers" has become one of the most anticipated movies in North America in 2012.

In terms of popularity and expectations, I am afraid that only Nolan's "Batman: The Dark Knight Rises" in 2012 can be compared with it.

Even The Amazing Spider-Man, the reboot of one of the most beloved superheroes of all time, falls short of The Avengers.

"The Avengers" can already be said to be a staged achievement of the Marvel superhero movie universe. If the box office explodes, the value of Marvel Entertainment will increase exponentially.

It is really surprising to share the fruit with others when it is ripe.

However, when you think about it, Liang Tianchi Films is just an independent film company after all, with poor anti-risk ability and poor global distribution ability.

If it hadn't been for the development of the "Chain Saw" and "Twilight" series, under the pressure of huge investment costs of superhero movies, I am afraid that they would have closed down long ago.

When Chen Hao proposed the plan, it was ridiculed by the North American crowd because of the investment cost. After all, the investment is less than [-] million, so it is impossible to make a good superhero movie.

And as an independent film company to propose such a huge plan, it is indeed a bit of a dream.

The same is true now.

The Marvel superhero movie universe is about to enter its second phase, and in addition to the superhero sequels of the first phase, there will be more superheroes joining.

Then the investment cost is definitely higher than that of the first stage, and Liang Tianchi Pictures will face greater financial pressure.

Therefore, the sale of Marvel Entertainment's equity can be said to be a last resort.

Only by seeking cooperation with giants can the second phase of the Marvel superhero movie go on better, and even use wider channels to achieve better results.

At the same time, Chen Hao can also get a lot of money by selling shares in Marvel Entertainment.

Immediately after "Iron Man" was released, Disney invested US$42 billion to acquire Marvel Entertainment, but now that three years have passed, the price is no longer the same.

Although I don't know how much it is, it must be a sky-high price far exceeding 42 billion.

Therefore, it is reasonable for Chen Hao and Liang Tianchi to want to sell their shares in Marvel Entertainment.

Of course there is another reason, which involves the second news about the measuring ruler.

That is, Liang Tianchi is seeking to acquire one of the former Hollywood giants, now heavily in debt and bankrupt MGM!

Everyone can understand that Liang Tianchi wants to acquire MGM. One is for its huge film library, the other is for its distribution channels, and the third is MGM’s MPAA qualification.

Just imagine, if Liang Tianchi can have a distribution channel at the level of a Hollywood giant, how much annual box office performance can he create?

Can it compete with Warner Bros. and Paramount for the number one of the year?

And this hypothesis is likely to become a reality.

So, what's the biggest hurdle in buying MGM?
Still money!
MGM Resorts itself has $40 billion in debt, and its own assets are worth between $25 billion and $30 billion.

And if you want MGM's owner, MGM Holdings, and its debtors to agree to the acquisition, you have to spend at least $30 billion.

This is why many companies wanted to buy MGM, but they were always rejected by MGM Holdings and its debtors.

Because Warner Bros., the highest bidder, was only willing to pay $15 billion, the price difference is really a bit big.

Others proposed a very feasible plan, that is Telescope Company. The plan is very convincing, but they just have no money. They want to merge with MGM through Telescope and get 5% of MGM’s equity and management. right.

Then through the plan to turn around and revive MGM.

This plan is good, but it is a pity that they are unwilling to pay for it. The capital and debtors are naturally unwilling. They only think about money and their own interests. The revival of MGM has nothing to do with them.

In addition, a spoiler appeared to measure the sky ruler, so the telescope has been rejected.

Now the difference between MGM Holdings and Liang Tianzhi is the final purchase price, and then the transaction can be completed.

In other words, the current Liangtian Ruler urgently needs a large amount of funds, so it is not surprising to sell the shares of Marvel Entertainment!

However, the media in North America are not optimistic about Liang Tianchi's plan to acquire MGM.
It is even less promising than when Chen Hao proposed the Marvel superhero movie universe!
Because MGM is definitely a bad asset, and it has been bad for a long time.

MGM has been in turmoil for the past 30 to [-] years, and has changed hands several times, but there is no sign of revival at all.

Instead, it was sold by capital as a tool, relying on MGM's assets for loans, or for other purposes.

The current MGM Holdings is buying MGM with multiple leverage, and then using MGM as a mortgage, and its leader, Sony Columbia, just wants MGM’s film library to implement its new DVD standard. .

It is also because of the abuse of multiple leverage that MGM is now heavily in debt and no one cares about it.

MGM is like a chicken rib to the current MGM Holdings. It’s a pity to lose it. After all, its own assets are more than 20 billion. Don’t lose it. No one can afford the price, and they all want to find the leak.

Fortunately, there appeared a big fool, Liang Tianchi, who was willing to pay a high price to take over the mess of MGM, so MGM Holdings kept negotiating with Liang Tianchi, and did not dare to push too hard, for fear of scaring Liang Tianchi Ran!

The current MGM is like this. Although the business involves hotels, coffee, and resorts, the business capacity is not good. MGM has stopped producing movies for a long time, and the distribution system has also been paralyzed.

Coupled with the 40 billion debt, it is no wonder that no one is willing, or dare to take over.

As for your small independent film company, although the profitability is good, if you take over such a huge amount of non-performing assets, coupled with the huge debt, you may suffer from indigestion, or even choke to death!

So the North American media reproduced the group mocking of Chen Hao!
"Liang Tianchi Pictures has a bright future, but if they want to buy MGM, they will be directly crushed to death by the heavy body of an elephant!" -- "Washington Post"

"Measurement Ruler is crazy, actually wants to take over the hot potato of MGM, isn't he afraid of being scalded to death?" -- "Wall Street Journal"

"Maybe Chen Hao was dazzled by the small success of Marvel Entertainment, and actually wanted to challenge MGM as Don Quixote? The result is self-evident!" --- "USA Today"

……

　Thanks to "Xuechenyu" for the 100 tip!

　　
　
(End of this chapter)