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474 【Agree】

Becoming the head of Fox Films is actually not a bad thing for Ye Jin.

Although Fox Films is in a fiscal crisis, insolvent, and at any time there is a risk of bankruptcy and liquidation, it is an old giant, and there are still three thousand nails in the rotten ship.

Its status and influence in the industry are still second to none, much stronger than Ye Jin's own Mythology Pictures.

After taking charge of Fox Pictures, he can use Fox's resources. Fox, as a top giant, has quite a lot of resources.

First, theater resources.

Although America launched the Paramountainfa case in 1948, prohibiting film companies from continuing to hold theater shares, there are policies and countermeasures at the top. As a large film distributor, Fox Film still has certain privileges in the face of relatively weak theater merchants.

For example, movie prepayment. When theater vendors want to screen popular movies, such as "Dragon Hard 2", "Raiders of the Lost Ark 2", "Star Wars 2", etc., which are more likely to get high box office, they often need to pay a prepayment to Fox Pictures first.

This is as little as tens of millions or as much as tens of millions of dollars than the advance payment. Being able to get the money half a year in advance is naturally an excellent thing for Fox Pictures. And small publishers will not have such preferential treatment.

In addition, Fox Pictures also has a relatively advantage in schedules, release scale, etc., and can obtain better schedules and more theaters, which makes movies easier to get high box office.

The second is talent resources.

As a giant with a long history, Fox Pictures has gathered talents. It has almost everything, including producers, directors, stars, public relations, publicity, screenwriters..., which is much better than two or three big cats in Myth Pictures.

What is the most important thing in the 21st century? Talent! With talents, the company can develop. If so many talents can make the best use of them, I believe that Fox's future is still bright.

The third is the film library resources.

Fox Films is one of the Hollywood giants. It was founded in 1915 and has a history of more than 60 years.

In this more than 60 years of history, Fox Pictures has launched many excellent works, such as the Shiram Dunpole series, Marilyn Monroe series, "The Voice of Music", "The Gentleman Agreement", "Planet of the Apes" series, "General Patton", etc.

These movies are the memories of a generation of Americans. Just like Hong Kong movies, they are the memories of a generation of Chinese people.

Nowadays, Hong Kong films of that year are still very popular on major video websites, such as Lin Zhengying's slap films, Cheng Long's kung fu films, Zhou Run's casino films, Wang Xiaoxian's ghost films, Zhou Xingchi's laughter films, etc.

Therefore, these Fox movies are also very popular in America. Those classic movies are re-screened almost every year; videotapes are released, and broadcast on TV stations, etc., and they can make good profits every time.

Fourth, TV stations and studios.

Fox has its own studio in the West Hollywood district of Los Angeles, covering an area of ​​about 30 acres and has eight large studios. It has complete equipment and complete facilities. This studio alone is worth over 100 million US dollars.

Moreover, Fox also has five local TV stations, which is also an advantage. You should know that in the 1970s, the ratings of TV stations were very terrifying.

The ratings of the three major public TV stations are 93%, and any junk program has ratings of millions or even tens of millions. This is the golden age of television.

If Fox TV is well operated, it may become the fourth largest TV station in Asiatica. In the past life, Fox Broadcasting Corporation was the fourth largest TV station in Asiatica. The famous reality show "American Idol", the American drama enlightenment work "Prison Break", etc. were all produced and broadcasted by it.

With so many resources, once Ye Jin takes charge of Fox, he will become the most powerful figure in Hollywood. He can also use Fox's resources to make more movies and earn more money.

Of course, the premise is that the funders behind Fox are willing to sell 30% of the shares to him. Otherwise, Ye Jin would not consider joining Fox at all.

...

After hearing Ye Jin's request, the visitor from Fox did not agree on the spot, but went back to tell the financial backer behind Fox.

The biggest funder behind Fox is Fox Group. In the early 1960s, Hollywood set off a wave of mergers and acquisitions, with Universal, Warner, MGM, Paramount and others changing hands one after another, and Fox Pictures also sold it to Fox Group at this time.

Feituo Group is a well-known chemical group in Asiatica, mainly producing petrochemical products, such as ethylene, propylene, acetic acid, methanol, silicone, epoxy resin, etc.

It acquired Fox Pictures, originally intended to make money.

In the 1950s, although it was impacted by the Paramount Face case, Fox still attracted audiences with the two technologies of [Panorama Movie] and [Stereometric Movie], and achieved very good box office.

Judging from the financial report, it is still very prosperous.

After Fox acquired Fox, it supported it to shoot the biographical film "Cleopatra" with a total cost of up to 44 million US dollars. However, unexpectedly, this masterpiece with high hopes finally had a box office of only 26 million US dollars, which made Fox Group half dead.

Although the two new technologies, [Panorama Movie] and [Stereometric Movie], were very popular, were quickly rejected by the audience, which made the box office of the movies after Fox Pictures increasingly depressed.

Except for the films such as "The Tiger and Leopard Little Overlord", "Planet of the Apes" series, "General Patton" and "Loki Horror Show", other films have lost both box office reputation and annual losses of up to 30 million US dollars.

In this case, Fox Films naturally knew that it had made a thunder. Fox Films seemed to be a Hollywood giant, high-ranking and glorious, but in fact it was just a money-losing guy.

It’s a pity that it has stepped on the mine, and it’s difficult to get rid of it.

No matter how depressed Fox Pictures is, it is also a Hollywood giant after all, and it cannot be obtained without $700 to $800 million.

And 700 million US dollars, in the 1970s, was definitely a huge sum of money, at least equivalent to 50 or 6 billion US dollars in later generations. If ordinary companies are not sure of winning, who dares to take on this mess easily?

So Feituo has always wanted to sell Fox Pictures, but unfortunately it has been slow to find someone who is willing to take over.

Now, after hearing about Ye Jin's conditions, Feituo Group is very happy.

If Ye Jin is willing to acquire 30% of the shares and take charge of Fox Pictures, it will be a good thing for Feituo Group. First, it has lost half of the burden, and second, if Fox Pictures grows in performance and turns losses into profits under Ye Jin's management in the future, then its stock price will inevitably rise.

At that time, the remaining stocks in Feituo Group will naturally double their value and will also benefit. Therefore, after comprehensive consideration, Feituo Group agreed to Ye Jin's conditions.
Chapter completed!
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