Five hundred and fiftieth chapters sudden intervention
After watching the nuns shoot wildly, Qiao Feng completed most of the goals of this trip to the United States. The rest was to talk to MGM about the release time and release plan of the new father-in-law.
MGM has no money to do a good job in publicity, but if there is less publicity, the box office of the movie will inevitably be greatly affected.
For MGM, no matter how they calculate, it makes them very embarrassed. They want to have a high box office but have no promotional budget. They want to spend less money to do promotional activities, but they are reluctant to let the box office be affected.
It is a dilemma for MGM, but for Qiao Feng, it is harmful but not beneficial.
Because it is MGM's responsibility for issuing it has nothing to do with him. At least the promotion and distribution costs were paid by MGM when they first cooperated. Moreover, the promotion and distribution costs were not a little bit, but a 7% distribution fee, and the promotion costs were deducted separately.
Now Qiao Feng's movies are usually released in the United States at the lowest 5% distribution fee, and MGM's 7% is very high. This is MGM's use of the copyright of his father-in-law as a bargaining chip, which forced Qiao Feng to give him 7% distribution fee.
For Qiao Feng, since MGM was unkind and righteous in the first place, and now it will affect him because he has no funds to promote it well, Qiao Feng will definitely not be polite to MGM.
The promotion and distribution plan was the same as the one. As for the lack of money and no money, MGM would either borrow or Qiao Feng would pay, but if it was calculated in the investment, the share ratio would have to be discussed again.
MGM naturally didn't want to talk about the share ratio again. They felt that Qiao Feng was taking advantage of their current financial difficulties, so he took advantage of the situation.
The negotiators of both sides argued with each other, and they had to fight for three points if they didn't make any decisions, and they would be a week to talk.
While the negotiations were fierce here, Qiao Feng was also arguing with Corkrien about the acquisition price of MGM. One asked for a lot of money and the other paid it back locally.
With this delay, the time entered October. Then, on the first day of the golden autumn October, when our country celebrated the National Day together, Qiao Feng suddenly got a big bad news.
The acquisition of MGM met an opponent and was a giant opponent.
Sony, who came from Japan, got news from somewhere, suddenly contacted Corkrien to buy MGM.
"Damn." Qiao Feng couldn't help but swear.
Seeing that he was about to negotiate the price, he was intercepted by someone. The one who intercepted him was still a good money.
Damn, the acquisition is about to be completed.
In the past two years, Japan's economy has entered the fast lane. No matter which industry it works, it makes money, especially real estate and stocks. It's really a fool who can make a lot of money when he goes in.
Especially after Black Monday last year, U.S. stock prices hit record highs in history.
Japan raises interest rates, Japanese financial institutions subscribe to US Treasury bonds, the amount of corporate bonds and stocks will inevitably decrease sharply, and the US stock crisis will inevitably deepen. Japanese Minister of Tripitaka Kiichi Miyazawa agreed to the United States' request to continue to ease finance. The lowest interest rate policy in history is continuing to be implemented, and the comprehensive policy for the purpose of expanding domestic demand is also continuing to be implemented.
In this way, there will be too much working capital and the excess funds will be invested to increase the price
With high expectations, the prices of these virtual assets have increased rapidly, causing a "bubble" in the economy. Of course, almost no one in Japan at this time thought it was a bubble. They believed that it was a blessing for Japan, and this was an opportunity to create a dream of Japan.
At this time, Japan was rich and very rich. Therefore, large companies bought everywhere and bought everywhere, buying everywhere. Not long ago, Mitsubishi Heavy Industries bought Rockefeller Center, and there were many tourist attractions. There were Japanese people who were suitable for living. This was also a very large immigration for Japan.
Qiao Feng knew that Japanese companies would enter the entertainment industry and enter Hollywood to make trouble. Just like in the original time and space, Sony spent more than 3 billion US dollars to buy Colombia next year, and has been in charge of Colombia for 30 years, or even longer.
After Sony, another appliance and electronics company, Panasonic, also bought Universal Film Company for US$6.59 billion in 1990.
At that time, the seven major Hollywood companies were owned by Japanese companies.
However, compared to Sony's persistence in Colombia, Panasonic ended in a bleak few years later.
Panasonic's assets include: Universal Films itself, MCA TV Group, MCA home video and pay TV, MCA recording company (including Geffen Recording company bought by MCA from Dave Geffen in March 1990), Putman Publishing Company, 40% of the equity of Cineplex Odeon Cinema, Universal Amphitheater, 50% of the equity of USA Cable, and Universal's huge film and television database.
Of course, there is the Universal Studios theme park, which includes the newly opened Universal Studios near Orlando, Florida in June 1990. This project is a joint industry between MCA and Rank Organisation in the UK, and its business is booming.
The transaction was finally completed at 1:25 am on December 30, 1990. Lew Wasserman, the former chairman of the MCA, cashed out 350 million yuan to make a profit. He and the former president, Sid Sheinberg, could free up their hands to manage the management and operation of the Global Company. The company's president was replaced by Akio Tanii, and the chairman of the board was replaced by Masaji Panasonic.
After Sony acquired Columbia Film Company, due to the latter's serious financial shortage, Sony had to face the severe reality of the film industry. Soon, Panasonic also painfully realized that home appliance production and film production are two completely different industries, and in the film industry, anything unforeseeable will happen.
Taking the 1990 film Havana (also translated as "The Love of the Sea Bay") as an example, the film costs 40 million yuan and is directed by Sidney Pollock, and the leading actor is starred by big star Robert Redford. Theoretically, it should have become a successful blockbuster anyway.
1991 was a disappointing year, and Universal still didn't bring much surprise to its new owner.
The only excellent work worth mentioning is director Martin Scorsese's thriller film "Cape Shock" based on the 1962 old film of Universal. The old film made Robert Mitchum famous in 1962. This time, the remake launched the big star Robert De Niro, and the box office in the United States reached more than 39 million.
The performance in 1992 improved, and the comedy "Fried Green Tomatoes" was released by Electric Shadow-Rank in the UK; the comedy "My Home also has Beethoven, telling the story of a big dog named Beethoven...
Of course, the best movie in 1992 is Smelling the Flavor and Knowing Women, starring Al Pacino, with good acting skills.
After buying Universal, Panasonic only repaid a few of the investments in Universal, and even made a lot of money, but lost more and more. It was far more than what I earned back.
In 1995, with the budget of "Future Water World" directed and starring Kevin Costner, who was highly anticipated, exceeding control in the budget, and coupled with the extremely poor performance of MCA TV in 1994, the new president Yoichi Mori decided to give up the MCA Group at all costs.
Chapter completed!