Chapter 1624 Dissuasion
Among all the people Lei Shidong knows, Yin Jun's experience is the most legendary.
Even though Yin Jun tried his best to buy United Artists Movies and Disney, he still couldn't gain a foothold in Hollywood.
Thanks to him producing good blockbuster movies along the way, he was able to gradually develop and grow, and finally gained everyone's recognition.
At that time, because he was squeezed out by the Big Six in Hollywood, Yin Jun still needed Redstone's theater chain to help contact theaters to release the movie.
But look now, the North American branch of the Kirin Group is not only firmly positioned as the number one giant in Hollywood, it has even swallowed up the ABC TV News Network in one go, once again greatly expanding its media territory. Got it!
The path that Yin Jun is taking is what Lei Shidong dreams of!
But now Lei Shidong is still dreaming and working hard, while Yin Jun has turned his status as a media giant into reality.
People who are so successful definitely don't rely on luck. They are definitely born to eat this kind of rice.
Redstone is suspicious yet decisive, but when it comes to such an important acquisition, the first person he thinks of asking is Yin Jun.
It happened that Yin Jun came to Hollywood to attend the Oscar ceremony, and Redstone followed him, hoping to get some advice.
A man in his sixties asked a twenty-two-year-old for advice, but Redstone did not feel ashamed at all.
As long as he can achieve his goal, it doesn't matter how low his posture is.
As a result, Yin Jun immediately rejected his idea and bluntly said that MGM was not good.
Such a determined attitude surprised Lei Shidong.
In his opinion, even if Yin Jun was not optimistic, he would not say so decisively.
As everyone knows, Yin Jun's attitude is quite gentle.
How can MGM be so simple as a trap? !
It is a sinkhole!
From now on, every company that takes over MGM, no one will succeed.
Even after 2012, under the leadership of Telescope Entertainment, they successively invested in the "Hobbit" trilogy and "Skyfall", but it was completely difficult to return and could only be acquired by Sony Entertainment for the second time.
This time Sony Entertainment was smart. They followed the method of their previous boss Kerkorian and wanted to directly divest useful assets and then throw away the rest along with debts.
But how can Americans agree to this?
If you buy a company, you must be responsible for it!
In particular, MGM is still the pride of the American people, and we cannot let it be destroyed like this.
As a result, Sony Entertainment had a headache and didn't know how to deal with it.
This is something for the future.
Besides, in the previous life, MGM still had 007 as a lifeline to defend itself.
But in this life, MGM did not acquire United Artists Film Company. United Artists Film Company was acquired by Yin Jun's Qilin Group, so they did not own the copyright to 007.
Without 007, what's the use of relying on MGM's film library and copyrights from the past 20 to 30 years?
It’s just a burden to buy!
So many debts need to be repaid, so many people need to be fed... these all need to be settled with money!
Once MGM's income is insufficient to pay these payments, direct bankruptcy is not impossible.
By then, all the billions of dollars invested by Redstone would have been wasted!
However, Yin Jun could not say these words to Lei Shidong yet.
However, although Lei Shidong is ungrateful and very selfish, he is still his friend.
Moreover, in the past few years, Redstone has spared no effort to actively promote and release films from United Artists and Disney, making great contributions to the continuous development and growth of the two companies.
Based on this, Yin Jun wanted to help him.
Not to mention that if Redstone takes charge of Paramount and buys CBS Television News Network in the future, he will be equivalent to another media giant.
If such a group is his ally, it will be much easier for Yin Jun to do things in Hollywood.
Yin Jun is not afraid that Redstone will burn bridges because he is a smart man. As long as the Kirin Group does not lose power and maintains its leading position, Redstone will not dare to team up with others to deal with the Kirin Group.
"I think you're a little too hasty, Summer." While Redstone was thinking, Yin Jun said harmoniously, "Last year you acquired Viacom, which was exactly the time to make great progress in the entertainment and theater business. Consolidate it, so that you have the capital to think about the Seven Hollywoods! Now that you don’t have that much money, even if you borrow my money, are you really sure that you can do a good job at MGM?
Don’t tell me that if I can do it well, you can do it too. To be honest, I personally feel that United Artists' booth is much cleaner than MGM's, and it is also smaller, making it the most suitable for me to redevelop! MGM's structure is too big, and many things are hard to get back. If you really want to get in, you won't be able to get it right without ten or twenty years of hard work!
Instead of spending a lot of time fighting MGM, you might as well focus on developing the industries you are good at, and then after accumulating enough strength, you can win over a Hollywood film company that can really make you a lot of money...such as what I just said Speaking of Paramount, it is a very promising company, ten times better than MGM! "
Lei Shidong was originally full of excitement and came to Yin Jun for advice. He even asked Yin Jun how he managed a large entertainment media group.
As a result, Yin Jun gave him a direct blow, which made him wake up from his sweet dreams.
But Lei Shidong was not angry, but was very happy.
Fortunately, he had a friend like Yin Jun who gave him a detailed analysis of the pros and cons and made him understand that it is definitely not easy to obtain the top seven in Hollywood.
Thinking about it carefully, he has developed too smoothly in the past few years, so he was tempted by such a temptation and almost fell into it.
If MGM is really as good as they say, why have they been looking for someone to take over for the past two years?
It’s been less than half a year since I bought Viacom, and I only have a little experience in managing and operating an entertainment company. Is it my dream to be like Yin Jun, to eat one of the top seven Hollywood companies in one go, and become a Hollywood giant?
That would be too easy, right?
If it were that easy, wouldn't everyone be able to become a famous figure in Hollywood, and everyone could become the next Yin Jun?
Obviously that's impossible!
Everyone can be successful, but success is definitely not success.
Behind the seemingly delicious food is actually a trap.
Lei Shidong also started from scratch. When he thought about how he almost destroyed the family business that he had worked hard to earn for decades with such a mistake, he couldn't help but sweat on his head.
Of course, it's not like Lei Shidong never thought about whether Yin Jun was exaggerating.
However, Lei Shidong immediately realized that Yin Jun had no reason to scare him.
Even if Redstone buys MGM, there is no threat to Yin Jun.
do not forget.
Yin Jun's previous opponents included super giants like Warner Bros. and Universal Pictures!
Behind them, they are also backed by media giants, and their scale is larger than the current North American branch of Kirin Group.
But what was the result?
Wasn't he beaten to the ground by the North American branch of Kirin Group?
Even the two giants Warner and Universal are not rivals. How can he be a threat to him when he has just annexed MGM?
So what Yin Jun said is his most authentic judgment about MGM.
This also proves that Yin Jun regards himself as a friend.
Thinking of this, Lei Shidong nodded seriously, "Ajun, I probably understand what you mean! After I go back, I will conduct a thorough investigation to see if it is true that MGM has something to hide. Fact! As for the entire acquisition plan, I will also make the most rigorous planning and calculations."
"It's best to be careful." Yin Jun smiled slightly, "Summer, but you are a bit uninteresting... My IMAX screen has been installed in many cinemas now, your National Entertainment Company theater chain, what? When can we change our clothes on a large scale?"
Redstone is also a good actor.
Hearing this, he immediately showed a bitter smile, "Oh, you don't know! Our theater chains are all miserable, and there is not much profit at all for these costume changes... The same is true for my own theaters. , due to large-scale expansion in the past few years, it is still in a period of instability, so where can you dare to install such an expensive IMAX screen?"
"IMAX will definitely make a lot of money in the future!" Yin Jun coughed lightly, "Look, I have avoided letting you fall into a pit today, why don't you have some fun?"
Facing Yin Jun's sudden scoundrel, Lei Shidong couldn't laugh or cry.
But what Yin Jun said was true. People started talking about it without showing any sign of it. It was really outrageous.
"Okay, okay!" Redstone could only agree, "I will try my best to make arrangements and try to install 50 screens within this year. Should I be satisfied with this?"
"Friends enough!"
Yin Jun laughed, "Don't worry, we will step up the production of IMAX movies in the past two years. Many viewers have also recognized this wonderful movie viewing mode, so its development will get better and better. You Just wait to make a lot of money and buy the company of your choice!”
"hope so!"
Thinking about how much money he had made in the past few years from the movies produced by the Kirin Group's North American branch, Redstone also laughed.
The young man did not tell Redstone that IMAX was actually still in the promotion period in the past few years and there was no way to make a lot of money.
It's just that he needs more movie theaters to join in, so that the movie theaters can in turn force other movie companies to shoot more IMAX movies.
Although the other six major Hollywood companies have seen that IMAX movies are very profitable and popular, they have successively produced many IMAX movies, but these are not enough.
With the current development momentum of IMAX, in ten years, at least fifty IMAX movies will be released every year to maintain the improvement of IMAX technology and allow it to further improve in all aspects.
Only when the technology gets better and better will the audience pay for these new technologies.
Isn't it?