Chapter 820: I have 1 friend

Integration is expected. It seems that all acquired companies will go through this step. It is a good thing for MGM now.
MGM’s problem has always been that its profit model is too single.
Only rely on movies.
Movies can only rely on "007".
There is no ability to resist risks, so the previous acquirers have tried to change this situation and tossed something like resorts, hotels, and coffee.
Of course, from now on MGM will sell, and all these attempts have failed.
If you sell it, you can concentrate on making movies.
MGM now does not have to worry about single issues.
Before leaving for China, Gary Barber and Mary Parente studied the Chinese company Crest Culture Technology Co., Ltd.
They were surprised to find that this company, which has only been established for less than six years, spans multiple industries such as entertainment, internet, technology, automobiles, drones, etc. It owns China’s largest live broadcast platform, the second music kingdom, and the fourth video. website……
60 billion investment in the chip industry.
30 billion to build cars.
30 billion to build online and offline retail...
A proper business giant.
What makes them even more incomprehensible is that such a company has not gone public.
Being acquired by such a company, I am worried about the singularity.
What makes them think that a child with a mother is like a treasure is the company's strong strength in film production and distribution.
This company released a movie "New Shushan" last year, with a total box office of nearly 1.1 billion U.S. dollars and a box office of 90 million in North America.
They are in Hollywood and know better than anyone the impact of this movie.
From this movie, Hollywood filmmakers were horrified to discover that Huaxia Film was 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, this enemy has become MGM's father.
Dad, he hit me~
Good, dad will help you beat them~
Give you money, give you special effects, give you resources...
It’s nice to have a dad!
The first installment gave $3.8 billion, which made Gary Barber and Mary Parente tears in their eyes.
It's not in vain that we became two or five boys ahead of time.
You guessed it right, the company lost $10 billion on this project.
All the money left over from purchases becomes development funds.
Hollywood movies, despite the proliferation of blockbusters and blockbusters, on average, $100 million is enough to make a very good blockbuster.
US$3.8 billion is enough for them to make 38 copies.
In fact, their budget last year was 50 million, and they could only shoot three to six.
So I had to eat the leftovers of "The Hobbit" behind Warner.
This gap is too big.
If you want to understand the concept of $3.8 billion.
Let's take a look at the transcripts of the major Hollywood companies last year, 2016.
Disney launched a total of 13 movies, these movies have reached 3 billion U.S. dollars at the domestic box office of Migo; Warner, which launched 25 films, has a domestic box office of 1.9 billion U.S. dollars; and Fox, which launched 17 movies, has 1.5 billion. US dollars; Universal, which also launched 17 movies, was 1.4 billion US dollars; Although Sony launched 21 movies, the company’s domestic box office in Miguo was only 911 million US dollars; Paramount, which launched 15 movies, is even more Only 877 million US dollars.
That is to say 3.8 billion US dollars, which is higher than any box office last year.
Excluding distribution and cinema share, etc., the box office generates less profit.
The impact is too great, making them feel unreal.
They are trying hard to control their expressions, not to lose face in front of the Huaxia people, we are the rice crackers elite.
"Probably that's the case. After the two went back, they started work immediately. Together with our documentary "Big Cat", it will be launched globally. At that time, everyone will be able to see MGM’s new logo. This movie counts as MGM this year. The performance indicators are in it." Pei Qianlong still exhorted him dryly for Lin's sake.
Regardless of Lin's ambitions in the European and American film markets, or simply wanting to promote Crest's brand to the world, he does not want Lin to be disappointed.
Ten billion U.S. dollars, a large investment of 67 billion dollars, must not lose money.
"There is absolutely no problem. I can run in terms of distribution. I actually want to confirm, can we really call the shots for the money?" Gary Barber finally chose to ask directly.
"To a certain extent." After hearing this question, Pei Qianlong motioned to the president, Shi Shanshan, to explain.
This belongs to the company's rules and regulations.
"The 3.8 billion will be placed in the account of MGM, after being reviewed by MGM's financial department, and then reported to the group for approval, it can be used." Shi Shanshan said.
Of course it is impossible to say that you can take it all if you want.
Many people flowed to Miguo with huge sums of money. As a result, they not only ignored the legality or illegality of the money, but also deliberately shielded them to attract more funds into their social system.
They will not protect the interests of the investors in the wrong fruit.
Therefore, it is very necessary to use a certain process to protect the safety of funds.
The financial department dispatched to MGM is a further guarantee.
"For example, I have a friend..." Gary Barber tried to illustrate with an example.
"Puff!" One after another, the executives in the conference room didn't control themselves.
Is it possible that foreigners are also popular over stigmatizing students?
Poor Gary Barber has no idea what he said wrong. Is this the gap between Chinese and Western cultures?
Shi Shanshan refrained from laughing, and in order to prevent a gap in their relationship, she popularized this domestic online joke for the two foreigners.
Gary Barber also laughed. He quickly explained: "But I really don’t have a friend out of nothing. I’m talking about Graham King. Maybe you’ve heard of his movies. "Infinite Walker" or "Hugo"."
"I like his "Foreseeing the Future" better. It has a very good setting, but it is a pity that Nicholas Zhao Si was not able to turn it over." Du Qixi had obviously heard of this person.
When he brags with others, he likes to mention different directors.
Those in the director department must have knowledge content, just like junior high school students writing essays, and famous sayings are a plus.
"Yes, that's him." Someone here knows an old friend, Gary Barber is very happy, he then explained: "My friend, he has always wanted to put the Queen's experience on the big screen."
The Queen, if you are unfamiliar with this name, mention WeWillRockYou, 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 Queen’s youthful moments.
Since then, Sony has begun to prepare this biopic, trying to show the legend of this legendary band more comprehensively.
Unfortunately, in 2010, Sony sold the copyright to 20th Century Fox and completely abandoned this idea.
This year is 2017. Seven years later, 20th Century Fox did not put this movie on the agenda.
Graham King hopes to make this biopic in his lifetime.
A biographical film, Gary Barber hopes to use it to test his own authority in the new company.
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