Rebirth

Chapter 247: The Tragic MGM

"Mr. Gambling King, I know what you need to do when you arrive early in the morning. If you have something, you can just call me directly. I can come to visit and let you come here in person at such an old age. I'm sorry." Li Feng didn't want to deal with them anymore, and immediately asked directly.

Li Feng knew very well that his ability to accumulate such a huge wealth so quickly was actually the memory of his past life.

Although the two lifetimes have been combined for 5 or 60 years, if you really want to be like this old fox, who has started from nothing, has learned from three schools, and has been smashing for a lifetime, it is far worse than his mind, and it is better to go straight.

Naturally, Li Feng would not underestimate himself. In addition to his past life memory, he also brought a super plug-in. Therefore, he now has the ability to challenge anyone.

"In the last year, I can always hear John your news in Los Angeles, whether it is from an old friend or from the media. It often makes me feel that the waves behind the Yangtze River push the waves forward and the blue is better than the blue ones. blue.

Originally I thought we should have no intersection, but I didn't expect that this unexpected trip to France would make us compete."

"I don't quite understand what you mean." Li Feng replied with a smile while pretending to be confused.

...

"Hehe..., okay you little guy, okay, I'll just say it, this time I came to France for the 81% of MGM shares. I didn’t expect that at the reception last night, the Frenchman Will involve you little guy.

Put it this way, little guy, I hope you can give up your thoughts on MGM, and naturally, you will get my friendship."The old guy put away his smile, then said solemnly.

"Old guy, don't you think your friendship is so valuable?" At this time, Li Feng also put away his smile, and put the knives, forks and cutlery in his hands on the table, then replied.

Seeing this situation, the scene suddenly became silent, and neither the people around Li Feng nor Sharon Stone, Elizabeth Holly dared to show up.

To be honest, what the old guy said made Li Feng really angry. Originally, Li Feng had indifferent thoughts about the acquisition of MGM and didn't have such a strong will. He just asked Barry to wait and find out.

As for whether it can be acquired or not, it depends on the actual situation. If it is cheap enough to be able to acquire it, everyone will be happy, if it is out of Li Feng's strength, then they can only give up. After all, Li Feng does not have much money.

But now this old guy is a little bit deceived to come to the door, Li Feng really moved his mind, maybe he will join in, even if the old guy is angry.

...

"Little John, don't worry, after listening to me, the young man is still too uncomfortable.

As far as I know, your business is now in a period of rapid expansion. Can you come up with so much money now? Do you know how much these French guys paid for MGM? That's 1.8 billion US dollars. I guess there is no fool. Will buy it."

"Old Cork, they are just calling, and if they really get it, they will never exceed 1.5 billion or even less. I think this should be understood, and MGM is worth the money.

As far as I know, MGM was owed a few hundred million in debt before, and now this group of French people may want to sell a few hundred million to pay off the debt.

Speaking of which, MGM is really thanks to you for what it looks like now."Listening to Li Feng's words, the old guy was extremely embarrassed.

Everyone knows that MGM was indeed tossed by the gambling king. The original Hollywood giant has been in decline since it was acquired by the gambling king this time until it is now on the verge of bankruptcy, which is embarrassing.

...

Ever since he has a heart for MGM, Li Feng asked people to collect MGM information last night. As a result, he really admired this gambling king. Its tossing to death.

In 70 years, MGM was acquired by the gambling king for the first time, but the gambling king had no interest in movies at all, but was more interested in real estate and assets under the name of MGM.

Since the acquisition of MGM, it has first accumulated MGM for decades and sold it to the distribution network of the world, and then handed over the distribution of its own film company to United American.

At the same time, 15 film projects prepared by MGM were cut off, and MGM was transformed from a Hollywood giant into a second-rate Hollywood production company that can only produce small productions. Many people even The original title of the'Hollywood's top 7'electronic music company has been changed to the'Big 6'.

Later, the entertainment hotel group under his name was renamed "MGM" hotel, and even directly said that MGM will be a hotel company in the future. Naturally, what he called the hotel is naturally the gaming industry and gaming hotel in Las Vegas.

...

With the recovery of movies in the late 70s and 80s, the tycoon found that movies were still profitable and immediately wanted to develop in the movie circle. Unfortunately, due to previous toss, for example, the most important distribution network facing the world was gone. , The production of films depends on other film companies to release, you can imagine the final result.

However, the tycoon still had a bit of a brain, and directly acquired another Hollywood giant, Lianmei, so that he has a little distribution network, although it is not as brilliant as it once was.

The only advantage of this is that it has the distribution network of Lianmei and all the copyrights of 007, which can be regarded as accumulating some of the best assets for MGM.

The fact is that he is not playing movies. In 1986, MGM, who had been tossed by the tycoon for more than 10 years, was sold directly to CNN's tycoon Ted Turner for $1.45 billion.

But this gangster is not a fuel-efficient lamp. What Ted Turner wants is only MGM’s huge movie library. MGM’s movie library can be used to enrich Ted Turner’s CNN TV network.

In the end, the gangster left MGM’s film library before 1948. Only 74 days later, he packaged and sold the rest back to the gambler. This is the second time the gambler repurchased rice. Gaomei.

...

However, although the tycoon bought back MGM, it was a pity that in the next few years, he was tossed to death at MGM. It seemed to be of no use. As a result, MGM was repurchased in 1990. Sold, this is how the French Credit Lyon bank is back.

Originally, according to history, this year the gambling king repurchased for the third time, and then reselled MGM for the third time in 2005 for 4.8 billion U.S. dollars. This time it was Sony who was taking advantage of it.

Naturally, at that time, with the rise of the DVD market in the new century, MGM's world's largest film database was once again valuable, which is why MGM was able to sell so high prices.

In the years to come, the MGM’s film database created at least $200 million in revenue for the company every year. It is said that the database was worth 500 to 6 billion at that time.

Naturally, with the later development of the Internet and the shrinking of the DVD market, MGM was naturally worthless again, and finally had to go bankrupt and reorganize.

It can be said that the ultimate tragedy of MGM, from the source, started when the tycoon began to sell the MGM distribution network after the acquisition. This is the culprit of MGM's complete decline. MGM can be said to be a livelihood. Tossed to death by it.

Naturally, this tycoon made a lot of money from MGM, at least billions or even tens of billions.