Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 591 MGM Bankruptcy

Chapter 489: The Rebirth of the Post-80s Legend Volume 1, Chapter 489: MGM Bankruptcy Everything goes step by step, and Zhou Shi resumes his leisure time. Although if he is staring at him, the price may be more beneficial to him, but as Li Bancheng said, if you don’t make the last copper coin, you can’t enjoy all the profits. It doesn’t mean much to him to earn tens of millions or hundreds of millions of dollars, and it is more important to achieve his strategic goals.

Zhou Shi's leisure is actually nothing to say, and there are many activities that are not available in China, such as shooting. I don't know how many people in China have never encountered guns and ammunition. Zhou Shi has no taboos in the United States. He uses all kinds of legal light and heavy machine guns at will, and there are ways to play with illegal ones. Unfortunately, it's a pity that you can't play fighter jets like Larry Ellison. It's already the limit to flying tanks yourself.

"Why are you so crazy lately?" After the clouds stopped, Wang Xirui stroked Zhou Shi's stronger body.

"What are you talking about?" Zhou Shi asked in confusion. Both of them are old couples, so there is nothing to be embarrassed about. The life of being together for a long time has maintained their passion.

"Everyone, why do you like these very exciting sports? Why do you exercise so hard these days?" Wang Xirui

"You said that when you shoot a gun, men don't like guns. These weapons have amazing beauty, which makes people obsessed with it and are difficult to extricate themselves. Moreover, when there were too many pistols in the past, now we have to make up for the regret of lack." Zhou Shi

"What are your regrets?" Wang Xirui

"It's better to say that there are no children yet..." Zhou Shi said, and suddenly fell into silence. The two of them did not take any measures for a long time. Somehow, there was no movement. Li Ying was the same. Could it be that rebirth also had an impact on this?

"Then we are working hard." Wang Xirui turned over and stepped on Zhou Shi.

"Don't be so anxious, you will always come." Zhou Shi had just finished the battle and didn't want to start the war again immediately.

"You don't have to move, I'll do it myself." Wang Xirui did not listen to his advice and fiddled with him...

Since Zhou Shi, who was bound by himself, could not stop him, he had to enjoy it with grief and anger...

Zhou Shi was immersed in the brink of love and pain for several days, until Chen Wen appeared again.

"MGM is going to go bankrupt again?" Zhou Shi was not surprised at all when he heard this news. It was a matter of time before MGM went bankrupt. He just didn't know where the 150 million US dollars of funds were used for the Sixiang Fund.

"Yes, they have officially expressed their intention to sell the company." Chen Wen

MGM's is still very valuable. Not to mention the copyright of oo7, it also has the copyright of "The Hobbit". Both of these movies will be a big hit in the future, and it seems to be able to reach the US dollar level. There are also a library of 4ooo movies. After the online video explosion comes, the value of this part will be greatly increased. However, MGM's loss has reached between 3.2 and 40 billion US dollars, so how much money is needed to acquire it is also a big problem.

"Go to contact Kevin Feige!" Zhou Shi didn't think much about it. Whether it was acquisition or cooperation, he needed to go through Marvel, specifically Miramax Pictures.

Soon, Kevin Feige, Robert Freeman and others came to Zhou Shi's residence.

"Everyone said whether we want to participate in this acquisition?" Zhou Shi led the conversation unscrupulously.

"Acquiring Lions Gate can make us leaps into Hollywood's top film companies to consolidate our foundation. But Lions Gate's affairs are too complicated. Shareholders, creditors, lawyers, bankers, and external investors are intertwined. There are still many traps waiting for us. The risks and returns are the same." Robert Freeman

"Yes, the biggest problem is that MGM shares have taken over too many times, and the risks are too great and difficult to control." Kevin Feige

"In other words, the premise of our acquisition is that MGM goes bankrupt?" Zhou Shi, after bankruptcy, all the company's debts and hidden risks will be cleared.

"Bankruptcy, if that's the case, there's no problem." Robert Freeman

"But if someone doesn't ask for bankruptcy to acquire directly, we won't have a chance"

"If there were such a person, MGM might go bankrupt again, right?" Zhou Shi

"It should be?" Rob Freeman, how could this be said accurately.

"Others should not be so stupid, and bankruptcy should become a prerequisite for everyone to acquire." Zhou Shi, there are not so many fools in this world. Even if Sony acquires MGM, he has obtained a lot of film and television copyrights from MGM's film library. It may be possible to make profits in recent years.

"Then we will bid on the premise of MGM's bankruptcy filing and freezing assets." Kevin Feige

"By the way, have their two movies, "OO7" and "The Hobbit", been filmed as planned?" Zhou Shi was worried that his last funding would give them a chance to get out of trouble.

"I'll ask first." Robert Freeman got up and called, and came back soon after, "both films have been postponed, and it should be because they lack the necessary funds and partners."

"It seems that they have no chance to try it out!" Zhou Shi sighed. His funds seem to have no other effect except delaying the bankruptcy of MGM.

"I don't know how much funds this acquisition will require. If it is too much, it will be difficult to do it according to our strength." Kevin Feige

"O5 years, it seems that it was US$2.5 billion, right?" Zhou Shi

"Specifically $2.58 billion" Kevin Feige

"How much debt do they owe is also a big problem!" Freman

"It is difficult to make a decision without figuring out debts, and it requires more testing." Kevin Feige

Just as they were talking, one of Zhou Shi's assistants knocked on the door, Chen Wen walked over, and came back in two or three minutes.

"Mr. Zhou, we roughly know MGM's assets and debt situation." Chen Wen

Kevin Feige and Robert Freeman looked at it. Although they were a little shocked, they didn't say anything. They knew Zhou Shi's strength.

"Speak quickly!" Zhou Shi couldn't wait to ask after him.

"MGM currently has approximately US$2.5 billion in assets and up to US$5.5 billion in debt." Chen Wen said with a expressionless face or seriousness.

"Ah~~"Ah~~" Two screams of exclamation. Obviously, such a large-scale debt was beyond their imagination. There was still a gap of 30 US dollars in debt minus assets, and the debt ratio was as high as 22% of the debt. Is there anything more outrageous?

"How much does their annual income?" Zhou Shi continued to ask

"It's about 500 million US dollars!" Chen Wen, in fact, this has been found long ago, mainly because of copyright income, but it has been declining year by year. One is because of the influence of new media, and the other is that there are restrictions on copyright time. Not everyone can be like Disney, the copyrights of Mickey Mouse and Donald Duck are almost renewed unlimitedly.

"It seems that our pricing can't exceed 200 million US dollars!" Zhou Shi didn't know how to calculate it. If the revenue of 500 million US dollars can last for ten years, it would be 500 million US dollars. Based on the annual debt expenditure of 250 to 300 million US dollars, 200 million US dollars is just right.

"200 million US dollars? Too much!" Robert Freeman

"20 million US dollars is the upper limit!" Kevin Feige
Chapter completed!
Prev Index    Favorite Next