Ace Hollywood

Daniel's remarks can't be called obscure. Of course Richard can understand what he means. Although he is not embarrassed by this or any other emotion, on the surface, he always has to cover up a little. Toli Literature Network

"The development of DD Pictures has always been smooth. Of course, the development of any company is always regular. The pie in Hollywood is only so big. The birth of a new big studio is not so easy and normal."

Nodding vaguely, Daniel had no intention of discussing with Richard today, on this occasion, the seven things that set the ceiling for independent studios. Although, he and Richard both clearly understand one thing, that is, since the beginning of the new century, it is simply impossible for Hollywood to create a seven-level studio.

First of all, the predicament of MGM can fully illustrate one point, that is, if there is no media empire standing behind it, the studio will be unsustainable, relying only on box office revenue, the speculative nature is too high, only a huge and complex media network, Only then can expenses be reduced in all aspects and the value of the finished film can be squeezed out as much as possible. Again, this guarantees a small year at the studio, with the support of the group to get through tough times.

Behind Sony Pictures and Columbia is Sony, behind Fox is News Corp, Warner Bros. is Time Warner, and behind Disney Pictures is Disney. As for Paramount's snow-capped mountains, Viacom is the vast media starry sky. If Gaomei is really acquired by Sony or Warner, then the major studios will truly become a game between entertainment and media giants.

In addition, as Richard said, after Hollywood entered the 21st century, there is no expansion trend, and there is no way for a new giant to be born in a pool of stagnant water.

These reasons are why Daniel chose to spend huge sums of money to acquire MGM, instead of continuing to develop DD Pictures. It is incredible or very difficult for DD Pictures to independently become a seven-level film studio. impossible things.

"Maybe. Richard, that's my plan, I know Warners are going to back off, and now this is your only chance to get these movies. There's no way Sony could do this business with you. And we would, we never It is more important to think that the movies of the past are worth lingering on, and that we have a future. I think you will fully believe this, DD Films. MB, F2F, and even Google behind us all have no such ability and intention to come Take advantage of these movies."

"Richard, it's time for you to make a decision."

...

Time Warner's announcement that it has pulled out of its bid for MGM is a big deal by any means.

In fact, for Daniel, 2005 was really an extremely important year, which was also an important reason why he decided to push MB to go public and acquire MGM.

This year, MGM will be replaced by Sony, of course. Now it may be acquired by DD Pictures, once the only supreme hall of Hollywood and even the world's movies, has to usher in a curtain call in a sense.

This year, the Weinstein brothers will be kicked out of Miramax Films, the film business named after their father Mira and mother Max, which owns a library of movies, as well as its The glorious history of the 60 statues will all bid farewell to the Weinstein brothers.

This year, Paramount will acquire Spielberg's DreamWorks -- in addition to the already public DreamWorks Animation division.

This year, Marvel Comics set up its own studio -- although they haven't launched their own superhero movie yet, the search for collaborators has begun.

Hollywood is in full swing in the fifth year of the new century. It is a good time for the "heroes" who are interested in making history to fight the storm.

Daniel didn't want to miss this time. Fortunately, he wouldn't miss the preparations over the past few years. At this moment, all the conditions and foundations are enough to prepare him for the challenge.

The withdrawal of Time Warner has made the competition between Sony and DD Pictures more clear.

In just a few days, the two sides have fought directly or indirectly for many times. Of course, there are also media and other opponents' actions. But there is no doubt that this incident has once again covered up the brilliance of the awards season and has become the most watched news in Hollywood, the offices of DD Films and Sony, the residences of Daniel, David, Mike Linton, and even Nobuyuki Idei. ——The old helmsman who is about to bid farewell to Sony has been followed by the media 24 hours a day. Once any trouble is heard, a report will be formed.

"Mike Linton openly said that Daniel was delusional and that MGM needs to be responsible for its own history and fans, suggesting that DD Pictures, which was founded only a few years ago and accumulated superficial accumulation, should not acquire MGM with a history of more than 80 years. If D-MGM's shareholders, especially Kirk, decided to hand over MGM to DD Pictures, which must have been an irresponsible move."

"The arrogant will lose everything, and the company that understands the times can really be trusted. Sony Pictures' previous remarks seemed arrogant, arrogant and ignorant. DD Pictures deeply understands what kind of movies the audience needs in the current era. In 2018, DD Pictures' revenue exceeded 1 billion US dollars, which is enough to illustrate this point. MGM does not lack a glorious and glorious history, but they lack the ability to adapt to this era. DD Pictures is the most suitable for MGM As a collaborator, we can make it look new. At this point, Sony's own performance is just not satisfactory, so how can MGM trust Sony?"

"Sony Idei Nobuyuki's next candidate, currently the vice chairman of Sony USA and the head of its global film and entertainment division, Howard Stringer, changed his tone from Mike Linton's fierce tone in an interview a few days ago. He praised 'Daniel **** is indeed a rare talent in this era. The DD Films he founded has become the top independent studio in Hollywood'. Of course, Stringer did not forget to show his true intentions , he then said, 'We know that when DD Films is only as large as it is now, a great leader is enough to make it extraordinary, but when DD adds MGM, it depends on one person's talent and ability. , is indeed a very dangerous thing.' Stringer is obviously saying that DD Films lacks a mature system, and most of its success is due to Daniel Sandler, which is not an uncommon point of view, the fact On, except for Daniel. There is no reason to explain why DD Pictures developed so fast, why did MB and F2F come into being, why does Google have such a big shareholder. So. MGM's shareholder, maybe Really should think more, after all, they have gambled many times, but they have no history of winning."

Howard Stringer is very popular in related fields. Nobuyuki Idei's selection of him as his successor was indeed very unexpected. The closed nature of Japanese corporate executives is well known to the world. The selection of a foreigner as CEO shows that Sony has come to a moment where it must change. For them, the film field is not the most important, and the challenges faced by electronic products, including music players, TVs, game consoles, etc., are the most critical crisis. However, Howard clearly has his own record running Columbia Pictures. "Spider-Man" is his masterpiece. This time, he advocated the acquisition of MGM, and it was also his own operation.

Facing the shouting of the opposing general. Daniel responded by giving him the opportunity to attend a public Hollywood event for the first time in more than a year.

DD Films held this year's Oscar nomination luncheon. Daniel attended and entertained the distinguished guests in person. In an interview, he clearly responded to the two sides who have come and gone in recent days.

"I'm very grateful for Mr Stringer's compliment. But I have to say, I don't know what Sony's corporate culture is, but DD Pictures is not a company that advocates individual heroes, and we don't have a dictator here. .I will choose some scripts for DD Films, recommend some actors and directors. This is my advantage, after all, I am a Hollywood actor with some achievements and fame, you allow my arrogance. However, specific production and distribution of a movie . It's up to David, Ferguson and our team members. I don't have the ability, and I don't have the time to do everything. An obvious example is the success of "The Social Network", its post, publicity, distribution, I'm all adjusting to my new life on campus at Berkeley, but obviously. My buddies are doing a great job. So Howard's concern about DD Pictures, we appreciate, but feel totally unnecessary.

Before we decided to acquire MGM, we had sufficient plans and preparations, we were determined to continue this great brand, we have the ability, and I also think we are worthy of trust. "

The level of the speeches of the two sides is getting higher and higher. When Howard Stringer and Daniel **** are fighting each other, it has already shown that the final result is very close. After all, Sony and MGM have been in contact for more than half a year, and DD Pictures has been operating for several months.

For this acquisition battle, which is about to come to an end, both MB and F2F have created special pages, and the timeline clearly shows the major events and milestones in the entire acquisition process.

The latest point, of course, is the exit of Time Warner.

Then, it was Times that announced it had joined DD Pictures' leading acquisition group.

Apparently, Richard was persuaded, and then he persuaded Warner's board of directors - which shows that the media was right in guessing and that Time Warner was targeting MGM's prized library. So when they signed an agreement with DD Pictures, they quickly gave their rival Sony a knife and turned to support DD Pictures.

This is of course a major benefit for DD Films.

If the previous DD film industry was still a little thin, then after joining Time Warner, they have obviously surpassed the Sony consortium in an all-round way.

Howard could be said to be deeply entrenched in the film industry, but he also had no way of understanding what the deal was between Time Warner and Daniel. Why was there such a shocking dramatic turnaround so quickly after Daniel's visit to Richard that Time Warner ditched its own acquisition plans to become part of DD Pictures.

Although Sony and Viacom have also cooperated in this acquisition, this is different. In the face of Time Warner, DD Pictures should not have an equal, or even superior, status.

There is of course a lot of speculation about this shift.

Two people felt the same way.

One of them is Robert Iger of Disney. When Daniel wanted to join "Pirates of the Caribbean", in the face of the joint opposition of Gore Verbinski and Jerry Bruckheimer, Daniel decided to take 30% of the investment. At the price, with the direct help of Robert, 30% of the investment rights in the "Pirates" series has now become one of the most important assets of DD Pictures. So, among the power figures in Hollywood, Robert may be the one who understands Daniel's strong will the most. If he identifies one aspect, he will make a rather risky move - this time, Warner is obviously convinced by him. As for what this risky move was, Robert's guess was almost the same. Maybe Daniel decided to let go of MGM's film library, a treasure trove that was of little use to him, but meant a lot to Time Warner -- that It may mean the birth of a new king of content providers in the field of movies and TV series.

Those who knew Daniel as well as Robert, and Larry Page, who was far away in Silicon Valley, was severely counted. Although he did not have any bad impression of Daniel, he obviously understood the discussion of Daniel's work deeply. He must have pinched Time Warner's G-spot, otherwise Warner couldn't have decided to cooperate with DD Pictures so quickly. According to this principle, Page also set his sights on MGM's coveted film library.

In any case, these speculations will not be confirmed by Warners and DD Pictures.

On February 6, Sony and DD Pictures announced their latest offers at the same time.

4.8 billion!

4.8 billion!

The two sides made the same 3 billion offer to MGM to acquire all the shares at a price of $12 per share. In addition, they also had to undertake the 1.8 billion foreign debts accumulated by MGM over the years.

Obviously ~www.readwn.com~ the two sides have the same estimate of the current value of MGM. 4.8 billion is the highest estimate at present, and it is meaningless if it is higher. Even, for Time Warner, more than 4.6 billion in itself is not attractive enough. After all, aside from the film library, the "007" franchise, the "Pink Panther" franchise and the rights to "The Hobbit", all other assets are to be disposed of for Warner.

Now, the choice is in the hands of Cork and shareholders.

The price tag is the same in the end.

In the end is to sell MGM to Sony, which owns Sony Pictures and Columbia Pictures.

Or "married" the company to the independent studio DD Films, creating a new record in the history of Hollywood mergers and acquisitions.

It was a difficult but not difficult choice -- and Cork would have made a fortune no matter what. (To be continued.) WWW.GEILIWX.COM happy reading every day