Chapter 1024 Yang Ming re-splits MGM United Artists

Chapter 1024 Yang Ming re-splits MGM United Artists

Los Angeles.

Beverly Hills Villa.

Yang Ming negotiated with Las Vegas tycoon Kerkorian to acquire MGM-United Artists, and Yang Ming left the rest to Yuan Tianfan and the staff of Future Capital.

He, Azhu and others also left Las Vegas.

For some, Las Vegas is paradise. However, for Yang Ming, staying there is really not as comfortable as staying in Los Angeles.

At this time, the temperature in Los Angeles is only around 20 degrees Celsius during the day, which is the most comfortable time. However, the maximum temperature in Las Vegas during the day is as high as 45 degrees Celsius, which is not the same world at all.

After the Empire Group officially acquired MGM-United Artists, the news has spread all over the world.

Country M, all over the world, especially Xiangjiang, and even China were very shocked when they heard the news, while Yang Ming was thinking about what to do next after the acquisition.

Metro-Goldwyn-Mayer and United Artists were both one of the original eight giants of Hollywood movies.

However, in 1981, MGM completely acquired United Artists Pictures, merged the two companies, and then optimized internal resources.

In Yang Ming's opinion, it was still a pity.

Historically, MGM has always been the dominant player among the Hollywood film giants. If it hadn't been suppressed by Country M and capital, MGM would have always been that way.

As for United Artists Film Company, it is also very difficult.

In 1919, United Artists was founded by Charlie Chaplin, Douglas Fairbanks, Mary Pickford, and David Griffith.

The purpose is to get rid of the constraints and exploitation of big film companies and strive for more creative freedom and greater profits. The original idea was just to film and distribute the works of the four founders.

Later, due to Griffith's withdrawal, the number of works by Chaplin, Fairbanks and others was limited, so the company focused on funding independent filmmakers to make films and distribute their films.

Even then, United Artists was just a small company when it was founded in New York. From the 20s to the mid-30s, it gradually developed into one of the eight major companies in the American film industry.

At this time, MGM and United Artists were united, which was equivalent to the Imperial Group spending its share of the money to swallow up the two Hollywood giants.

In 1969, Krikorian fully acquired MGM. But Krikorian seemed more interested in the real estate owned by MGM. He even closed MGM's distribution department in 1973 and handed over the distribution affairs to United Artists.

In 1979, Kerry Corian even announced that MGM had become a hotel company.

All MGM hotels, including later Macau Grand MGM and MGM Grand in Las Vegas, are casino hotels under the MGM Resorts International Group, owned by its founder Krikorian. Owner of May Hotel Group.

This time, the Empire Group acquired MGM-United Artists, which was not included in the MGM group.

If included, the acquisition price may be higher.

Except MGM Resorts still belongs to Krikorian.

MGM-United Artists has many corporate brands, but some are not as well-known.

Yang Ming stood in front of the study window of the Beverly Hills villa and looked outside.

. . .

A week later.

Yuan Tianfan and Future Capital have fully negotiated with Krikorian's company to acquire MGM-United Artists.

With the exception of MGM Resorts, Krikorian was unwilling to hand this over to Imperial.

Of course, Yang Ming also knew that the tallest MGM hotel in Las Vegas was worth hundreds of millions of dollars. How could Krikorian be given to the Imperial Group?

and.

Krikorian's acquisition of MGM-United Artists was not only used to launder money, but the most important thing was to use MGM's popularity to build his hotel industry.

"Boss, Mr. Kirk is unwilling to return the name of the MGM Hotel to us. He is neither willing to sell us the ownership of the MGM Hotel, nor is he willing to let the hotel change its name."

"Tianfan, this is inevitable. Of course, MGM Hotel has a good name. Even if the other party is unwilling to change it or sell it to us, we can still build MGM Hotel."

Yang Ming and the others are also building MGM hotels?

At this time, the Empire Group already owned many five-star hotel brands. The most famous one in Hong Kong was of course the Oriental Mandarin. The Empire Group also established the Empire Hotel in the Empire Group Building, which was built according to the seven-star standard. .

In addition to these, Wharf, Hutchison Whampoa, Wheelock, etc. all have their own five-star hotels.

However, Yang Ming knows that the global hotel industry will develop better and better in the future.

A name like MGM obviously has inherent advantages.

This time, the most important thing is to swallow up MGM-United Artists Film Company first.

"Tianfan, I am planning to re-split MGM and United Artists Film Company and let the two companies establish independent film companies."

Re-split?

MGM and United Artists were originally independent film companies, but they merged after MGM acquired United Artists.

Historically, MGM and United Artists split up again. Later, United Artists was even purchased from MGM by Tom Cruise and his partners.

Judging from the original merger, MGM-United Artists did not optimize resources, but instead dragged each other down.

If re-split.

The two film companies can capture more markets by shooting according to their own different characteristics.

Yuan Tianfan also strongly agrees with re-splitting MGM and United Artists.

"Boss, I very much agree." Yuan Tianfan said.

If MGM-United Artists split again.

This means that the Hollywood film companies have once again become MGM Films and United Artists, although the current bosses of these two companies are Imperial Group and Yang Ming.

However, after the re-split, it will be financially independent, market independent, and many internal companies will also be independent.

Besides.

Before Yang Ming acquired Marvel Comics, he had promised Stan Lee to establish a Marvel movie company.

Besides.

Yang Ming is also preparing to establish DreamWorks in advance. As in history, this company focuses on animation TV series, animation movies, etc.

In addition, Yang Ming also made people prepare to establish Netflix.

Although the conditions for the establishment of Netflix are not yet met, Yang Ming knows that in a few years at most, after the emergence of a large number of DVDs, VCDs, and even the emergence of the Internet, Netflix will play an important role.

In other words.

According to Yang Ming's plan, he is in Hollywood and the important film and television market in North America.

Among them, including Metro-Goldwyn-Mayer, United Artists, Marvel Studios, DreamWorks, and Netflix.

In addition to these five giants.

Yang Ming plans to use the IP from Marvel Comics to be developed independently or jointly by MGM, United Artists, Marvel Pictures, DreamWorks, etc.

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