Entertainment Guru Rebirth

Chapter 607 Kerry's Request

That afternoon, Xiao Yunhai came to a cafe, and it was Kerry who invited him to drink coffee.

Although Kerry concealed it well, Xiao Yunhai could still see that he seemed to be in trouble and was not in a good mood.

Xiao Yunhai asked thoughtfully, "Kerry, are you worried about the theater?"

Kerry nodded and said, "That's right. It is impossible for the eight major film companies to win this lawsuit. Once the judgment is made, I am afraid that our MGM situation will be very difficult."

Xiao Yunhai said: "Isn't there any hope of winning?"

Kerry frowned and said, "No. Even we know that our theaters do have a monopoly on the distribution of movies, let alone outsiders. We can't justify this at all. And, I believe the verdict is very It's coming down soon. Do you know? Many of the bosses behind these companies are big people. Even if the eight major companies work together, they are not their opponents. Our MGM theater chain has a market value of more than 50 billion US dollars and has more than 6,000 screens. , spread across more than 30 states in the United States, and brings us billions of dollars in revenue every year. It's a shame to sell it like this."

Xiao Yunhai asked, "Kerry, how can I help you?"

When such a big thing happened, Kerry must be very anxious.

Kerry said: "Xiao, it is certain that we will lose the lawsuit, but there is no other way. We are dealing with the other party, hoping to ensure that we own at least 30% of the shares. I think, There should be no problem with that goal. But we at MGM, no, it should be the Smith family to be exact, still want to have the dominance of the theater.”

Xiao Yunhai said: "All you want me to buy some shares, and then fully support you. Right?"

Kerry nodded and said, "That's right. I know you, and everything you do is for your own movies, and you don't want to be controlled by others. Just like MGM Cinemas, Universal Cinemas,

Let you have a voice in it, so that you can show your movie without hindrance. Am I right? "

Xiao Yunhai said: "That's right. I don't need the dominance of the theater, nor how much money the theater can bring me. I just want to make my movies freely and show them to the audience. I have already done everything in front of me. It has been done, but there are some problems with the release in theaters."

Kerry said: "So you are the most suitable partner for us at MGM. First, you have money, and second, you don't have the desire to control everything. If we sell you the shares of MGM theaters, then your movies will be It’s going to be unimpeded at MGM theaters. And with your support, we’re able to win theater dominance and circumvent antitrust laws, which is a win-win for us.”

Xiao Yunhai smiled and said, "But, Kerry, I really can't afford it."

MGM's market value is more than 53 billion US dollars, and buying 10% of it will cost 5.3 billion. Although Xiao Yunhai is very rich, his most important goal is the Huaxia theater chain by the end of the year. If he bought MGM, his domestic theater chain would be in trouble.

Kerry frowned and said, "Xiao, are you rejecting me? Just one "Heroes of Jingwu" brought you more than two billion dollars in net income. Now you tell me that you have no money."

Xiao Yunhai said: "Kerry, you should know that next year our China Film and Television barriers will be lifted, and at the end of the year our country's largest cinema chain, the Huaxia Cinema Line, will be sold. It is a behemoth with a market value of 200 billion US dollars. , I need it. Compared to America, China is my root. Do you understand?"

Kerry said: "It turns out that you have this idea. In this way, you can exchange the shares of the magic special effects company with the shares of our MGM film and television."

Xiao Yunhai said decisively: "Kerry, don't think about this matter. I will never agree to this condition."

Magic special effects company is Xiao Yunhai's biggest support, especially after the development of new special effects technology, it is a sure thing that the market value will double several times.

Although he won't hold it for a long time, Xiao Yunhai will definitely not make a move before it reaches the highest point of the stock price.

Kerry frowned and said, "Is there no other way?"

Xiao Yunhai said: "Yes. You give me the shares of the cinema, I use magic as a mortgage, and give me five years to pay off. Isn't that enough? You are not short of money anyway."

Kerry thought about it and said, "This is a way. How much are you going to buy?"

Xiao Yunhai said with a smile: "Then let's see the court's decision in a few days. Anyway, don't be in a hurry. Maybe at that time, you may get more than 40% of the shares."

Kerry nodded and said: "Okay, I'll go back and report to my father. By the way, I haven't congratulated you yet. Your "Harry Potter and the Philosopher's Stone" has sold 63 million copies worldwide. , can be said to have swept the whole world. Xiao, do I know? My guts are turning green now."

Xiao Yunhai said: "The big head was taken by those four publishing houses. Even if I sell 100 million copies, I will only get 30% of the profit."

Kerry laughed: "But the next few volumes are your big money."

Xiao Yunhai said with certainty: "Of course."

The two chatted for a while and then went back.

That night, Xiao Yunhai received a call from Kerry, saying that his father had agreed. After the court has pronounced the verdict, we will deal with the relevant matters.

MGM's plans, while good, can never keep up with changes.

Xiao Yunhai left Los Angeles the next morning, and the economic crisis erupted like a volcano that day.

The speed and impact of the whole process is incredible.

In just two days, the Wall Street stock market plummeted by 18 percent, and trillions of dollars of wealth evaporated without a trace.

Hollywood is the first to bear the brunt, including Xiao Yunhai's magic special effects company, the stocks of large and small film and television companies have plummeted, like a roller coaster.

Like the magic special effects company, in just one day, it suddenly turned from forty-six dollars to thirty-two dollars.

However, it didn't matter to Xiao Yunhai, he wouldn't sell magic anyway.

But other companies can't stand it, especially the Big Eight film companies.

Because they were brought to court by those small and medium-sized film and television companies, their stocks were already falling unstoppably, not to mention after the economic crisis broke out.

It was originally a drop of 0.5 US dollars and 1 US dollar, but now it is better, and who can stand a direct drop of 5 US dollars and 7 US dollars.

In less than three days, the shares of the eight major film companies dropped by at least 18%, and Kerry's MGM plummeted by 26%.

Cinemas with a market value of $52 billion fell to $43 billion.

However, it is not without merit, given the dramatic impact of the economic crisis on major companies, the court's theatrical monopoly over them will be postponed.

After Xiao Yunhai returned to Huaxia, he learned from Zhao Wanqing that there was a financial crisis in the United States.

Xiao Yunhai frowned and said, "Wife, how much has this economic crisis affected us in China?"

Zhao Wanqing said: "It's very big. China and the United States are the largest countries in the world, and the economic ties between them are very close. It's only been a day now, and our side has already suffered a strong aftermath. Like The stock prices of Hongda, Dongfang, Peng Pai and other companies have dropped by 6%."

Xiao Yunhai asked, "How about our Hanhai?"

Zhao Wanqing said: "It's not optimistic. However, unlike other companies, Hanhai owns more than 80% of the shares in my father's hands. Relatively speaking, there is not much turbulence."

Xiao Yunhai said, "What impact will that have on our entertainment industry?"

Zhao Wanqing said: "At the very least, the production of movies and TV dramas will drop significantly, because at this juncture, most investors are overwhelmed. Who would invest in movies and TV dramas?"

Xiao Yunhai said with a smile: "Doesn't that mean we can rest well?"

Zhao Wanqing shook her head and said with a smile, "Completely wrong. If you have any movie or TV series, you can shoot at this time. Because the stars are now the lowest worth, the original 30 to 40 million may drop to 10 to 20 million. "

Xiao Yunhai laughed and said, "Wife, you are still financially savvy. By the way, how much money do we have now? I mean working capital."

Zhao Wanqing said: ""Fighting Heroes" has only received US$1.2 billion at the global box office, and I have already exchanged it for Huaxia coins before. "Langya Bang", "The Voice of China" and "Run, Brother" made a total profit. 9.6 billion. We have a total of 29 billion Chinese coins in our account, and there are more than 3 billion outside. Husband, what do you want to do?"

Xiao Yunhai smiled and said, "I'm very interested in the theaters in America and the special effects talents in Hollywood."

Zhao Wanqing said: "It should be no problem to recruit some special effects talents. As for the theater chain, is it not that easy?"

Xiao Yunhai said: "I heard from many experts that the financial crisis is very serious, and I don't believe that the eight major film companies can hold on. Once they have problems, we can get the cinema shares at very little cost. If we With a theater network covering the entire North America, we will not have to worry about pronunciation for our films in the future.”

Zhao Wanqing smiled and said: "To achieve this goal, we also need to get some shares of the three theater chains of MGM, Warner and Disney."

"Yesterday, Kerry came to me."

Xiao Yunhai talked about the agreement he had reached with Kerry, and said, "I think this method is quite good. Our goals are different, but we can form the best complementarity. I think other companies should be willing to do the same. After all, This allows them to dodge antitrust laws and actually remain in control, and we get what we want.”

Zhao Wanqing said: "That's right. However, let's not be too anxious. With the outbreak of the economic crisis, the market value of major companies' cinema chains will definitely drop significantly. We will negotiate at that time."

Xiao Yunhai nodded and said, "Smart. Wife, how are our wedding preparations?"

Zhao Wanqing said with some distress: "The most troublesome thing is the invitation. This needs to be thought about carefully, but people can't be missed."

Xiao Yunhai said: "Yeah. When we finish sending the invitations and get things done in China, we'll take the two old people to Los Angeles. By the way, are the wedding photos taken in China or abroad?"

Zhao Wanqing thought for a while and said, "It's still domestic."

Next, the two began to discuss matters related to the wedding, and read the guest list back and forth several times, starting from 4:00 p.m.

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Chapter 598/1976
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Entertainment Guru RebirthCh.598/1976 [30.26%]