Going Into the World!

“What's the problem? Let's just say that the intention of getting into the entertainment business is disrespectful. It's not that easy to break with just that.”

It's also in the report, and Google's search for articles also shows that everyone is making a fuss about it and dropping their ratings, but the acquisition of MCA can't be normal. Something about being obsessed with this field?

Movie or music? What are you obsessed with? Or is that all of it? ’

I don't know because I didn't get into that head, but it was bullshit.

“Looks like this guy's got his own business normalized, too. But it was too soon. This wouldn't have happened if I'd taken over one, would it? I would have sold half of DuPont stock and been happy with the MCA, but I ran out of cash on the polygram. It was reckless without thinking of the film industry as a golden goose.

One by one, I got it wrong from the first button, and it was bad from the start, but I was greedy for the polygram.

Now I'm out of cash and I have to get my money, but the interest rate is too high with lower credit ratings and I have nowhere else to lend it.

‘This is too big for me. By the way, how come there are so many companies?

Universal Studios Hollywood

Universal Studios Orlando

Universal Orlando Resort

Universal Theme Park

Universal Music Group

Universal Film Distribution

MCA Record

Polygram Pictures

……

Due to the rapid merger of three or four thick companies, there are considerable subsidiaries, with the exception of five or six large independent companies.

There are a lot of real estate scattered around, but there are a lot of things included in the sale.

According to the research, the dried up gram of money was first sold and all put on sale without exception.

Sigram says its flagship beverage businesses are still weighing for sale when they reach the opportunity, and that renowned brands are still targeting Coca Cola.

At first glance, familiar names such as Ginger Aile, Tonic Water and Club Soda are all drinks produced in Sigram.

I called Mr. Crimson just in case anything wasn't in the report.

“Mr. Crimson, where is the boss right now? Headquarters in Montreal and New York? ”

“Yes, I'm usually in New York, but I've heard that I've been staying in Montreal a lot lately because of company issues. ”

“Can we buy our own companies here? ”

“Hm. Maybe they'll sell it at one time. Mr. Johnson found out that Universal Studios is interested in the French Vivandi Group. They're mostly interested in movies, so you can sell music, resorts and theme parks separately. ”

“Hm. Really? Take the film company from the Vivendi group.”

I'm also interested in the movie. Music is good, of course, but I don't know much.

I think there are eyes that see, but there are no ears that hear. It doesn't mean I don't know music at all.

In the United States, I also learn music at school quite well. Of course I have the basics, but I'm listening! ’You should not be aware of such an ability.

“Ah, Ms. Grant, we might be able to buy Polygram Pictures. ”

“Why is there a polygram picture if there's a universal studio, by the way? ”

“Yes, it was for the music business when I acquired the polygram, but it came with a film company. They were trying to sell it separately, but they didn't have an acquisition at the right price, so they were consolidating it into a universal studio. ”

Look at this. So this isn't just like a fading tremor? Do you know if there's anything? Stab me? "

I am interested in Polygram Pictures after hearing the story. If there is no acquisition and they are absorbing it into the existing tissue, the tissue should have decreased significantly by now.

However, I'm not going to start out very big anyway, but I think it would be okay if I could just gather some of the key personnel who have been separated. There will be various equipment and basics, so it is less risky and perfect for determining the atmosphere.

“Mr Crimson, I would like to acquire any remaining equipment or assets from Polygram that are useful. And what about the jobs you have left? ”

“Yes, I understand. Is that all I need to know? ”

“Hm. And also, the theme park and the resort and the film distribution business here, I want you to figure out the price. I'm a little interested in this, too."

"Are you sure you want to go this way?"

Mr. Crimson asks me to expand my business.

"Yes, I don't want to overdo it, but I'm going to take a step this time. If I tell you this, but I have something in mind. ”

“I see.” When have I ever lost anything? I have an idea. 'I understand your expression because you sent me a look.

I can't think of anything since Mr. Crimson went out and sat alone.

Is Polygram Pictures too weak? No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no. Well, let's start with about $23 million and look around slowly. By the way, how's the resort and theme park doing? It's profitable... ’

When I read the report carefully, I made money from the side business and forgot about the business. Universal Studios was only $20 million short last year.

"Phew! How did you sell this? ’

Only The Mummy made close to 80 million dollars worldwide, and it is a well-rounded apricot. There's a big hole in the money that's left, not actually what's wrong.

The gram showed an active willingness to pay attention to me. Except for the Universal Studios, it appears that the narrow is not yet established and there are not many places of interest.

There have already been one bid, and no one has offered the right price, so they were working on giving up and integrating, but the money suddenly changed.

“They say it doesn't matter, except for the movies, as expected. ”

“Really? How much is it worth? Polygram.”

“Yes, it seems that about half of the property has been transferred to Universal Pictures. If you're willing to take over the exact status, you'll need to send in an investigator. At this time, due diligence is difficult to price, so you may need to leave. ”

“Is that so? But don't you have something to think about? ”

“Yes, I think it's at least 500 million dollars, just by being careless. ”

“$500 million?" Phew! This is so expensive to get rid of.

I was only going to run for a couple of hours anyway, so I decided to go there myself and make an appointment.

When it comes to due diligence, all you need to do is bring in accountants, industry workers, and a few other people.

Intellectual property or these things are important. Buildings and other goods are not difficult to calculate.

At the same time, Sigram seems to like that a new buyer is out. You are always welcome as soon as you contact us.

What's the holdup? I am a person who does things, so I made an appointment shortly after a few days.

With Mr. Crimson and his Finance and Legal associates headed for Polygram, Universal City is a large area centered around the Universal Film Corporation on the LA suburb. Other movie companies and promoters are also in the area around Hollywood and Burbank.

Getting into the city is refreshing and occasionally catches the sights of films or TV programs.

The tidy streets in the warm and shiny sun feel strange, and the shops next to them are glittering. Even those who walk the streets have a lot of cool people checking out where I am.

“Are you telling me that this is all owned by the Sigram? ”

It just feels great to be in Universal City. Oh, of course, Universal City doesn't all belong in Universal Studios. Shops and many other buildings are owned by individuals or companies.

However, universal studios are at the heart of it.

You can see the Polygram Building from the street as you walk out the window.

“Welcome," the receptionist who welcomes us is quite pretty. Kids who want to hear about it come to Universal City or Hollywood to impress the water and planners, but it is also very intense to get a job at a reception at a film company like this.

Mr. Crimson has already scheduled it, so someone will come out as soon as we arrive.

“Greetings. My name is James Bay. ”

“Yes, I'm Mark Crimson, and this is John Kim. ”

In Polygram, a friend of mine, James Bay, came to meet me, and he had a good look beyond his glasses.

“Come here. We've set up a conference room for you. ”

As I follow the bay into the upper room, I can feel the people looking at the work clearly. Contemporary, open-air offices lend Hollywood a cool, airy feel.

‘Phew! My office is so well organized, but my performance is poor. I still don't know if it's the management or the staff. ’

I walked slowly and looked at the staff looking this way. I could talk to you later, but I still wanted to understand the atmosphere and potential right away.

What kind of innate senses do you call them these days? I don't know if I'm mistaken, but when I see people, I feel good and bad. And those feelings are usually true. It's the same thing that most of the companies that I photograph are profitable from?

Occasionally, the employees who come in contact with me turn their heads quickly or greet them with a light bow. Maybe they heard we were coming in for an acquisition.

A pretty girl looked at me with curious eyes and smiled at me, and I quickly lowered my head to make myself smile.

I walked into the office, and there are a few staff members waiting for me besides Mr. Bay, who will prepare a presentation and explain the company as soon as we are seated.

“Over 400 million dollars have been invested in our Polygram Pictures over the past few years to create thousands of film catalogues such as' alumni ’or‘ when Harry met Sally. ’Its annual revenue alone is more than $60 million, and it's also involved in television and film production. And it has its own distribution network across 14 countries, with a lot of licensing revenues in Europe. The organization had more than 1,000 employees worldwide by last year, but is now down to 500. ”

The presenting friend says he's drunk, and that he's been to about 10 companies since last year and is good at explaining.

“Mr Baye, I heard the explanation. But I have a question. ”

After a short presentation of 20 minutes, I wondered: There's only one good thing to say, and what I want to know is the problem.

“Very good. You still have potential. So, why the deficit? I know it's only 80 million dollars by the first half of the year. I don't know if this is the right number, but I looked it up. I've been doing my research. ”

When I look at the employee in the presentation, I naturally ask Mr. Bay for help.

“Hmmm. Yes. That's the result of a dramatic expansion of domestic distribution networks last year. Harnessing distribution networks is a long-term investment. It's not something you can expect to earn in a year or two. When revenue came out of the global distribution network, executives expected the same results and dived into domestic markets, and they faced difficulties before they could even shine. ”

Beici explains the distribution network in detail and discusses the current problems and prospects, which seemed to have considerable strengths in the distribution area.

I've been looking through Google or newspapers every time I have time for the past month. Moreover, last week, I heard about Polygram or other business in my own way through Mr. Shawn, so I can understand the information in my own way compared to what Mr. Baysy said.

“But if you're a movie company, filmmaking is the most important thing. Polygram doesn't seem like much fun in this field, does it? And of course, I know that there are quite a few hits. But the problem is, there are more failures. What do you think of this? ”

I mean, there have been a lot of works that have generated significant returns, from 'The Mummy’, ‘The Green Mile’, ‘Notting Hill’ to ‘Bean’, 'Fargo’, which have been created in the last two to three years. There's talent here, too.

But the problem is that there are more works that net revenue is less than production costs, except for things like that. Does that mean there's more "forever" in one word?

It doesn't matter whether it's art or not. I see ‘commodity’ rather than mastery. First, I want a fun or inspiring movie.

“Yes, I'm aware of that. I think there was a problem with the planning. There seems to be something wrong with understanding what the audience will like. “

“Really? So how do we fix something like that? ”

Based on the story, I liked Baysy. Once I have clarified the explanation, I can see that I have experience in this field in my own way.

And try to improve something? Something like that. I was wondering how to answer this question.

“Yes, I have judged it with the eyes of experts up until now when I was planning, but I think I should look at the scenario and produce it with the eyes of an audience that enjoys movies. We make movies anyway for excitement. The average citizen is more important than the artist or the expert. I think identifying exactly who the consumer is is a starting point for improvement.

"Wow! That's it! This guy's got the same idea as me. Haha. ’

I had a crush at first, but I definitely like this description. I still have talent like this...

At the end of the meeting, I made some decisions in my mind.

“Mr. Crimson, please conduct a detailed investigation with the due diligence team and report the results in a timely manner. So I'm going to go first. ”

The reports I have read and their own surveys, and this time I have heard the stories of employees in person, which is somewhat contoured. The investigation by the due diligence team will help with the decision if there are specific numbers.

“Would you like to join me for dinner if you have a moment? ”

“Yes? Oh, of course. There's a restaurant that I know well. Let's go there.”

“I'd like to have a serious conversation. I hope it is. ”

“Yes? I... understand.” Baysy, who was a little confused, seemed to recognize my intentions when she looked me in the eye.

Artwork Reviews

A gram that exploded overnight after caring about its appearance without even knowing it was coming!

Maybe there are so many similarities between writing and being treated like this? I'm thinking about doing it.

Looking at the photos of Universal City and the studio, "How many times did Smarty-pants go there? I had the wrong idea.

By the way, I only slept four hours last night, so I was afraid I wouldn't post today, but I just finished with my eyes wide open thinking of those who would be disappointed.