Best of Hollywood

Chapter 228 Golden Harvest

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Sigrim Group, Vidiwang, Universal Pictures, all three will more or less sell some Polygram properties.

These include the global distribution channels established by PolyGram.

The reason is very simple. Universal Pictures itself has a very complete global distribution channel. It has no interest in the distribution channel established by Polygram relying on the global record channel, and will even selectively sell it.

"Sigrim Group's acquisition of Polygram, apart from the record business, may ultimately focus on the film library." Ryan knew very well that Universal Pictures had long coveted Polygram's film library.

As we all know, the film library of a film company is the most valuable asset. In terms of value, it is even more valuable than distribution channels.

Regardless of whether it is a distribution channel in North America or a global distribution channel, as long as you are willing to spend money, it is not impossible to establish it.

But the film library can almost be regarded as half a non-renewable resource. The seven major Hollywood film companies have been buying film libraries everywhere, and there is no exit.

The film library of newly established film companies will only be empty, and there will be no source of long-term stable income, thus limiting development.

This can be regarded as a disguised monopoly.

Even the film library of Orion Films has only a few films, and it has to be shared with other film companies.

For example, the film copyright of "Terminator 3" needs to be shared with Twentieth Century Fox, and the film copyright of "The Sixth Sense" needs to be shared with Paramount.

In addition, the only well-known film copyrights are the "Chain Saw" series. As for "Rush Hour" and "American Pie", they are still in preparation for filming, and the remaining film copyrights are dispensable.

Sofia Coppola couldn't help but raise her voice a lot, "The overseas distribution channels established by Polygram?"

"You're going to buy it!"

"Do you know what this means?"

Sofia Coppola took a deep look at Ryan, "Even DreamWorks, Steven Spielberg and others dare not reveal their intention to establish overseas distribution channels, otherwise they will inevitably attract countless obstacles."

DreamWorks can try to break the long-standing pattern in Hollywood,

Orion Pictures can also sell several films in succession.

But there is a prerequisite, Hollywood's overseas distribution channels must be firmly in the hands of the seven major film companies, this is a bottom line and a taboo.

"So it will not be acquired in the name of Orion Films."

As he spoke, Ryan took out a document from the drawer and handed it to Sofia Coppola, "I plan to acquire another film company in Xiangjiang first."

Sofia Coppola took the information and briefly flipped through it, looked up at Ryan, and asked with some doubts: "It's the film company that produced "Red Fan District."

"It's the Golden Harvest Film Company." Ryan nodded.

Golden Harvest was considered to be one of the largest film companies in Hong Kong in the 1990s. It had produced a large number of Chinese-language films including Bruce Lee and Jackie Chan, and its film library had no fewer than 600 film copyrights.

However, with the end of the Hong Kong movies in the 1990s and Jackie Chan going to Hollywood to develop, Golden Harvest completely lost a cash cow and inevitably fell into decline.

According to the development of the previous life, Golden Harvest produced Jackie Chan's last film "The Lost Secret Service" at the box office. Since then, Golden Harvest has gradually reduced its production business and focused its energy on theaters.

By 2007, Golden Harvest had 242 movie theaters in Xiangjiang, Singapore, Malaysia, Wanwan, and across the Pacific Ocean, occupying a considerable share of the theater market.

"I have already registered several offshore companies, and I will use the name of the offshore company to acquire Golden Harvest shares. You only need to be a supervisor, and you don't need to attend any public occasions." Ryan looked a little dignified.

For this acquisition, Ryan specially asked people to register several shell companies, and acquired Golden Harvest in the name of one of the shell companies.

Then, in the name of Golden Harvest, he went to the UK to contact Polygram, Philips, Siemens, and Seagram collectively, trying to buy Polygram's global distribution channels.

(Philips and Siemens are Polygram's parent companies.)

In addition to this purpose, Golden Harvest itself is also a high-quality asset. It not only owns the copyright of many classic Chinese films, but also serves as a springboard to enter the theater industry on the other side of the Pacific Ocean.

If we say that North American theater companies are very weak when facing some large film companies.

Then the theater companies on the other side of the Pacific Ocean are a strong group. In addition to reaping the income from the film box office, they can also share the dividends brought by real estate.

This does not include the income from the sales of peripheral products such as Coke and popcorn.

Sofia Coppola just flipped through it, then closed the document, "Change someone else, I am not suitable for Xiangjiang, it is better to be someone who has nothing to do with you."

As a member of the Coppola family and Ryan's personal assistant, and she also holds a high-level position in Orion Films, it is easy for people to get in touch with some things when they go to Xiangjiang.

"Someone who has nothing to do with me?" Ryan couldn't help but rolled his eyes.

Tell him where to find such a person!

Sofia Coppola thought for a while, "I have a suitable candidate, a friend I met in the French fashion industry before, and she has no contact with Hollywood."

"Yes." Ryan agreed directly, "The cost is not a problem, my only request is that she needs to leave for Xiangjiang immediately."

"Don't worry too much about the purchase price."

For the acquisition of Golden Harvest, I would rather spend more money and complete it as soon as possible, otherwise it will take too long and accidents will easily occur.

"I'm going to France tomorrow." Sofia Coppola knew the seriousness of the matter.

"But I want to remind you that in the end, whether the matter is revealed or a deal is reached, you and Orion Pictures will face the siege of Paramount, 20th Century Fox, Universal Pictures, Disney, Sony Pictures, and Warner Bros. .”

As for MGM, it has gradually moved away from the center of Hollywood.

To put it bluntly, MGM has long since lost its qualification to be one of the seven major film companies.

"Don't worry, I've been prepared for a long time. At worst, I will end up on the same level as DreamWorks." Ryan said very lightly. It's just like DreamWorks, being suppressed by several major film companies everywhere.

What's more, with DreamWorks in front of them to share the pressure, and Lionsgate, which is about to show its edge, can also share part of the pressure.

Sofia Coppola sighed lightly, then turned around and left, she didn't need to say much.

Ryan sat in the RV and thought about some information about Jiahe.

As early as 1994, Golden Harvest was listed in Xiangjiang. In addition to contacting a large number of shareholders, it also had to absorb some scattered shares from the stock market.

The Asian financial crisis has shown a hint, and it will soon spread to Xiangjiang. It is a good opportunity to acquire Jiamu.

On the other hand, Ryan is not sure whether he can buy PolyGram's global distribution channels.

Seagram Group is about to reach negotiations with Philips and Siemens to acquire the entire business of Polygram for US$10.6 billion.

At this time, they boldly intervened to try to buy PolyGram's global distribution business. As the major shareholders of PolyGram, Philips and Siemens may not easily agree, and there is also the reaction of Seagram Group as the acquirer.

Of course, you can wait for a while, and the Seagram Group will fall into its own debt crisis, and Baoli Gram and Universal Pictures will be sold.

In fact, in the previous life, Universal Pictures was only interested in the film library of Polygram Films, and had no interest in Polygram Films itself.

The production and distribution business of Universal Pictures is already very complete, and it is still centered in Los Angeles, while Polygram Films is located in the UK, and a group of employees have lived in London for a long time.

It is obviously unrealistic to move all of them to Los Angeles. If they are dismissed, they will also need to pay a high fee. In the end, Universal Pictures chose to sell them.

So you can wait for a while longer. Whether you buy Polygram Films, which has no film library, or choose to poach people directly, it will be a good choice.

It's just that Ryan wants to try it first, otherwise when Polygram Films is in the hands of Universal Pictures, many things will become difficult to operate.

Universal Pictures will not easily sell the overseas distribution channel of Polygram Films to a second-tier Hollywood film company, and it will face competitors at that time.

Like DreamWorks and Lionsgate.

In the previous life, DreamWorks also tried to buy the distribution channel of Polygram Film Company, but it was rejected by Universal Pictures and eventually sold to MGM.

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