The Best Entertainment Era

Since the formation of the North American film market, there has never been a movie like "The Avengers" that has exploded with such crazy heat.

In the "Titanic" of that year and last year's "Avatar", the single-week results are not top, mainly super stable.

"Avengers" in just 20 days, the North American box office exceeded 500 million US dollars, and the global box office exceeded 1.1 billion US dollars.

It is not only the box office of the movie that sells big, but the peripheral products such as comics, dolls, toys, and character image authorization have also brought huge income to Relativity Entertainment. The global peripheral sales easily exceeded 500 million US dollars!

Relativity Entertainment's investment in this series has reached a harvest moment.

This also represents that the Marvel Avengers movie universe has officially entered the second stage.

At the same time, the negotiations between Robert Iger and News Corporation formally ended, and the two sides finally reached a series of agreements on 20th Century Fox.

Subsequently, Ronan, representing the new company established by Relativity Entertainment and Qianlu Group, formally signed a contract with News Corporation to acquire 20th Century Fox.

Before the economic crisis broke out, News Corp. had all assets totaling more than 60 billion US dollars, but after experiencing the economic crisis and wiretapping, its market value shrank by nearly a third.

Even so, it was not easy for Relativity Entertainment to win 20th Century Fox. The final purchase price was 10% higher than the current market value of 20th Century Fox, with a transaction price of US$27.6 billion.

Such a price also means that the new company controlled by Relativity Entertainment has bought more than 20th Century Fox Pictures.

The transaction includes a series of companies belonging to Twentieth Century Fox, namely Twentieth Century Fox Pictures, Twentieth Century Fox Home Entertainment, Fox Music, Blue Sky Studios, National Geographic, Fox Searchlight Pictures, Fox Cable Network and Nearly ten subsidiaries including Fox Television.

Companies like Fox Online and Fox Networks, Relativity Entertainment voluntarily gave up.

The traditional media Fox News Network and Fox Star Media, News Corporation refused to sell.

The acquisition of Relativity Entertainment is very targeted, focusing on entertainment and TV station businesses. Because the company has an absolute holding subsidiary such as Netflix, and companies such as Fox Online and Fox Networks with a high degree of overlap and heavy debt, it is natural Not interested.

As for Fox News Network and Fox Star Media, even if News Corporation and the Murdoch family face difficulties, they are still unwilling to make concessions in such a traditional media industry. Relativistic Entertainment has already received Fox Cable Network and Fox TV Station. Under the circumstances that may cause other companies to intervene, he also quickly made a decision.

Compared with Walt Disney in the past, Relativity Entertainment has won the full version of Fox Cable Network and Fox TV and its scattered local stations, but it lacks equity such as HULU and Sky TV.

And the number of subsidiaries under Fox are far fewer now than ten years later.

In addition, due to the economic crisis and other aspects, there was no direct competitor such as Conscutt in this transaction, which prevented Relativity Entertainment from making a higher offer.

This is not ten years later, when Walt Disney acquired Fox, just after AT&T acquired Time Warner, the media and entertainment stocks soared.

Of course, this transaction has not really been completed, and there are still variables that have to pass government review.

Relativity Entertainment’s work in this area has been ahead of schedule. In just one week, the Department of Justice and the Federal Trade Commission have passed anti-monopoly reviews. The condition is that Relativity Entertainment, as the controlling party of the new company, must be within 90 days. Blue Sky Studio is sold inside.

At present, Relativity Entertainment’s animated feature film business occupies more than 40% of the North American animated film market share. It is normal to be restricted in this respect.

Moreover, after Relativity Entertainment owned Shahai Animation Studio, Pixar Studio and Princess Animation Studio, Ronan never considered Blue Sky Studio.

Once the three major Hollywood animation studios, after the rise of Shahai Entertainment Animation, they have lost their name.

With the approval of the Department of Justice and the Federal Trade Commission, this transaction was officially reached, and the new company paid $27.6 billion to News Corporation in two installments within a month.

News Corp. had sufficient funds and the biggest pusher behind withdrew, the eavesdropping crisis did not worsen.

In the end, the United Kingdom and the United States did not discuss again the motion to completely split News Corporation and force the Murdoch family to sell the media company. James Murdoch and a group of News Corporation executives inevitably become scapegoats and will inevitably face prison in the future. disaster.

In addition, News Corp will also face huge compensation and sky-high fines.

For example, in the case of wiretapping Ronan, Jessica Felton and Relativity Entertainment, in the face of the three lawsuits, News Corp. finally chose to pay 100 million US dollars, 55 million US dollars and 300 million US dollars to reach an out-of-court settlement.

Of course, the eavesdropping door is only a temporary settlement, Ronan and Relativity Entertainment will always stare at News Corporation, and will not give them a chance to comeback.

And after this time, the strength between the two sides has opened a huge gap.

The transaction was truly concluded, and Relativity Entertainment and Qianlu Group began negotiations, and they began to distribute the benefits of the winner.

Similarly, relativity entertainment occupies an absolute dominant position.

Relativity Entertainment did not intend to pit Qianlu Group. According to the agreement reached between the two parties, the 20th Century Fox was split. Due to the overlap between the business of the 20th Century Fox and Relativity Entertainment, full acceptance will inevitably lead to a huge waste of resources.

Especially in terms of film production and distribution, with the exception of a few international markets, other aspects have not greatly improved the relativistic entertainment.

It is no exaggeration to say that Relativity Entertainment has almost reached the extreme of Hollywood in the film industry.

Relativity Entertainment will not completely annex the 20th Century Fox Pictures Company. First, it will withdraw the copyright of all Marvel superhero characters and retrieve the copyright library and script library of 20th Century Fox. Almost all of the copyright library is taken away, and the scripts in the script library are also Priority was given to nearly one third.

Then there is the film library. The copyright of more than 20,000 films and TV dramas has fallen into the pocket of Relativity Entertainment.

This huge film library resource is the most valuable asset of the 20th Century Fox Pictures.

Winning these also means that Relativity Entertainment has taken back the copyrights of the Fantastic Four, X-Men, Daredevil and Deadpool, and all copyrights of the "Star Wars" series have been integrated.

After Ronan reviewed the gains of the 20th Century Fox film library, copyright library and script library, some related film projects can also be included in the future plans of Relativity Entertainment, such as "Alien", "Rise of the Apes", "Iron Blood" Warrior, Garfield, Chipmunk, etc.

Blue Sky Studio, Relativity Entertainment needs to be completely stripped.

National Geographic, Fox Television and Fox Cable Network have nothing to do with Qianlu Group, and the three will jointly form the Relativity Television Network.

Fox Home Entertainment has two film and television peripheral product distribution divisions merged into Embassy Pictures. In other respects, Embassy Pictures has done much better than them.

Fox Music merged with Big Machine Records under Relativity Entertainment, and Relativity Entertainment has since then owned the industry's first-class music recording business.

The Fox searchlight is handled in the same way as the 20th Century Fox Pictures.

Furthermore, Relativity Entertainment got the seat of the Motion Picture Association of America, which is the MPAA.

Since then, in the names of the six major Hollywood companies, there will no longer be 20th Century Fox, but a relativistic entertainment.

And the strength of Relativity Entertainment is far stronger than Fox.

With this acquisition, Relativity Entertainment has gained a series of copyrights. The most valuable thing is the full version of the 20th Century Fox Film Library. Since then, it has owned one of the four major public television stations in the United States and one of the largest cable TV networks in North America. In the film and television entertainment industry, we really have the right to speak in formulating rules.

Such as music records, TV production and distribution, news dissemination, variety shows, etc., these relativistic entertainment businesses that were originally relatively weak have all entered the first-class ranks in the industry.

As long as Relativity Entertainment can successfully integrate these businesses of Fox, it will inevitably become the world's top media and entertainment company.

The remaining part, according to the contract reached between the two parties, belongs to the Qianlu Group.

Qianlu Group paid a total of 14.5 billion U.S. dollars, a considerable part of which belongs to the brand value of Fox.

As one of Hollywood's most well-known and experienced entertainment brands, the name 20th Century Fox has great value in itself.

Looking at the world, the influence of this brand is also top.

To a large extent, if an entertainment company like 20th Century Fox misses it, Qianlu Group may never have a second chance.

Even if they have undertaken most of the funds for the acquisition of 20th Century Fox, Qianlu Group and Lin Jian themselves have repeatedly thanked Ronan and Relativity Entertainment, because without them, the forces from the East cannot master Hollywood's top entertainment at this stage. Industrial resources.

Qianlu Group also has a corresponding harvest ~ www.readwn.com ~ Needless to say, the 20th Century Fox label has been used to "shock" the media on the other side of the Pacific for a long time.

In addition, Qianlu Group has also obtained a nearly complete film and television industry system.

Even if it is the remaining part of Relativity Entertainment, it also includes most of Fox's film and television production, publicity and distribution and peripheral sales systems, as well as a complete blue sky studio.

Especially international distribution channels are now a business that money cannot buy.

Qianlu Company spends huge sums of money on income, and it is a film and television entertainment company that is stronger than today's DreamWorks.

It has to be said that although Ronan is very rational, his past experience has more or less affected his choice. When the Oriental film industry gradually entered the fast lane development, he pushed hard behind him.

While Relativity Entertainment is at the top of the world, Ronan also hopes that the movie industry in the East can rise as soon as possible.

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