As Robert Eiger and Emile Marin reached an agreement on the most critical quotation issue, the negotiations between Relativity Entertainment and Yijiang Film quickly entered the fast lane. After tug-of-war negotiations, the two parties signed a formal acquisition agreement.

Relativity Entertainment acquired Yijiang Film for US$370 million and paid in three payments within two months!

In fact, Relativity Entertainment itself does not need to use much money. According to the agreement reached with DreamWorks, only 35% of the money will be paid, which is $129.5 million.

The remaining $240.5 million will be raised by DreamWorks.

After the acquisition was completed, Relativity Entertainment quickly divested the copyright of the film library and script library and began to prepare to hand over other businesses to DreamWorks.

Ronan and Relativity Entertainment have a well-known reputation in the industry.

Although DreamWorks will not take long to get Spielberg's dream of global issuance business, life is not easy. The huge amount of funds raised will make DreamWorks have to tighten the belt to operate next.

Fortunately, DreamWorks is not very good, but Spielberg has a great personal reputation, otherwise it would be a problem for loans.

In addition, DreamWorks voluntarily gave up DreamWorks Animation Studio's North American distribution business. After the tripartite talks between Embassy Pictures, DreamWorks and DreamWorks, Embassy Pictures officially became the North American publisher of DreamWorks Animation Studio.

Since Embassy Pictures has been doing overseas distribution for DreamWorks Animation Studio, this means Embassy Pictures will serve as the global publisher of DreamWorks Animation Studio for some time in the future.

Two animated feature films such as "The Shark Gang" and "The Monster Shrek 2" released this year will also be released by Embassy Pictures in North America and overseas.

Relativity Entertainment successfully obtained the copyright of nearly 7,000 films and finally established a film library in the true sense.

With the same film library resources, these nearly 7,000 films can only bring more than 12 million US dollars in the hands of Yijiang Film Industry every year, but it should not be too easy to double the revenue on the platform of Relativity Entertainment.

The operation of movies is not only related to quality, but the platform is a more critical factor.

Not to mention anything else, Netflix has nearly one-third of the videos licenses.

As for the distribution business of DreamWorks Animation Studio, "Monster Shrek 2" needs no need to say much, North America can make big profits, and there are also films such as "Madagascar".

The $400 million prepared for Relativity Entertainment only cost a small part. Ronan thought of the Death Star Building, where Shahai Entertainment’s post-production studio was located, and asked people to contact the property owners and prepare to buy out the property rights of the building at one time. As the headquarters of Relativity Entertainment, Embassy Film and Shahai Entertainment.

The building is not too large, but it is not smaller than the Fox Building, also located in Century City. The expected transaction price will be above $200 million.

As the scale of relativity entertainment expands, a corresponding headquarters building is also needed.

The newly completed Death Star Building can be said to be a good choice. If you can get it, you will naturally change the name to the Relativity Building.

Relativity Entertainment won Yijiang Film, but Lionsgate Pictures did not stop. Frank Gusta's eyes turned to Tingfeng Entertainment.

Compared with Yijiang Film, Dingfeng Entertainment is much worse. The company was founded in 1993 and is headquartered in Santa Monica, California. It is also a medium-sized independent film production company in Hollywood. Currently, the company's most famous movie is the "American Pie" series.

But the copyrights of this series are shared with Universal Pictures.

As soon as Lionsgate Pictures got in touch with Dingfeng Entertainment, Ronan asked Robert Iger to follow up. It was not intentionally competing with Lionsgate Pictures, but Dingfeng Entertainment also had a film library. If they were willing to sell, of course, Relativity Entertainment would have to buy.

As soon as the Relativity Entertainment took action, Frank Gusta came to visit him in person.

Because Robert Eiger was on a business trip, Ronan personally received Frank Gust.

"Congratulations, Ronan." Frank Gusta said with a smile: "The scale of relativity entertainment has expanded again."

Ronan had no friendship with him and said calmly: "Thank you."

Frank Gusta glanced at Ronan. Although the other party may not be half his age, he did not dare to look down on him at all, and he still had a little regret.

But he did not regret it when he came here, and said, "It will take some time for Relativity Entertainment to be digested by Yijiang Film Industry, right? Why did he suddenly set his sights on Tingfeng Entertainment again?"

Regarding Lionsgate Film, Ronan heard Robert Iger say that he was too lazy to go around in circles at this time and said directly: "Relativity Entertainment needs to establish a film library. Dingfeng Entertainment has thousands of copyrights for films, which is urgently needed by Relativity Entertainment."

Dingfeng Entertainment's production and distribution business is currently far inferior to Yijiang Film Industry. Relative Theory Entertainment has no interest at all, and all they want is a film library.

Frank Gusta said without warning: "We can join forces to acquire Peak Entertainment."

Ronan glanced at Frank Gusta and said, "You can talk about this with Robert Eiger."

Frank Gusta had rejected Robert Iger before, and now he came to the door with the initiative. Of course, he had to let Robert Iger have a good talk with him.

Frank Gusta said: "I'll contact Bob when he comes back."

Relativity Entertainment has made a big splash, and Lion Gate Pictures wants to acquire Dingfeng Entertainment at a low price, which may not be possible at all.

Ronan had long stood at a place far higher than Lionsgate Pictures, smiled and said, "I guess Bob will be back to Los Angeles next week."

Frank Gusta also smiled and turned the topic to another thing: "Ronan, I remember Bob said that the reason why Relativity Entertainment acquired Yijiang Film Industry was because of the copyright of the film library, but Yijiang Film Industry not only had the copyright of the film library, but also other businesses."

Although it may sound a bit awkward, this small face problem will not have any problems in the future of the company: "Can you take the liberty to ask, what do you plan to deal with other businesses of Yijiang Film?"

The agreement signed between Relativity Entertainment and DreamWorks was not publicized. The related asset divestitures and business handover had just begun, and most people outside were not very clear about it.

Ronan understood what Frank Gusta meant and asked, "Is Lionsgate interested in this part of the business?"

Frank Gusta smiled, with no embarrassment in his smile, and no shame: "This part of the business seems to coincide with the existing business of Relativity Entertainment. If Relativity Entertainment is not needed, can it be transferred to Lionsgate Pictures? Of course, Lionsgate Pictures will definitely give a satisfactory price, so that Relativity Entertainment can not only obtain a film library, but also convert excess business into funds, Lionsgate and Relativity win-win."

This is beautiful, as if the rejection of Robert Eiger's cooperation has never happened.

Ronan said lightly: "In fact, Relativity Entertainment also plans this way. We are divesting people and businesses outside the copyright of the film library..."

Frank Gust was moved in his heart, and he felt as if he had arrived in heaven. Before Ronan finished his words, he rushed to say: "Liongate Pictures is willing to spend $200 million to purchase this part of the business."

"Are you sure I'm done?" Ronan continued: "Relativity Entertainment has reached an agreement with DreamWorks to sell it in packages."

Frank Gusta instantly fell from heaven to hell, and couldn't help but say, "Sold to DreamWorks?"

Ronan smiled and said, "The agreement has been signed."

Frank Gusta felt cold in his heart. Is this trip going to waste his face?

But how long will it take for Relativity Entertainment to reach a transfer agreement with Yijiang Film?

Frank Gusta did not give up and tried his best to win: "Ronan, how much does DreamWorks offer? Lionsgate Films can offer a higher price than DreamWorks! Ten percent more! No, fifteen percent!"

Ronan shook his head and emphasized: "Relativity Entertainment has signed a formal agreement with DreamWorks."

Frank Gusta followed: "Liongate Films can bear liquidated damages."

Ronan said slowly and firmly: "Relativity Entertainment emphasizes credibility, and we will not break our trust."

Frank Gusta would also say that Ronan raised his hand and interrupted him: "That's it, Mr. Gusta, there is no need to talk about this matter. If you want to talk to Relativity Entertainment about the cooperation in the acquisition of Peak Entertainment, please contact him after Bob comes back."

Seeing that Ronan's attitude was so firm, Frank Gusta stopped talking, and after a few polite words, he said goodbye and left the Relativity Entertainment.

He was a little regretful when he went back to the car. He would have worked with Robert Eiger if he had known it!

The film library is very important, and the distribution channel is also very important! I thought about taking it all, but I got nothing.

With insufficient distribution capabilities, Lionsgate Pictures is simply impossible to grow and grow. Just look at Spielberg's DreamWorks.

Frank Gusta suddenly felt that because of his temporary greed, he might have missed the last opportunity for Lionsgate Pictures.

But regret is useless.

Frank Gusta took out his cell phone, found Robert Eiger's number, dialed, and after the other side was connected, he said with an extremely cheerful smile: "Bob, it's me, Frank. When will he go back to Los Angeles? I'll invite you to play golf..."

After hanging up the phone, Frank Gusta realized that it would be difficult for Lionsgate to catch up with Relativity Entertainment.

The business handover between DreamWorks and Relativity Entertainment has begun. Although it is very troublesome to check and evaluate assets, clarify the issuance channels, and appease the original staff, Spielberg seemed to be twenty years younger and full of energy every day, and he no longer had the feeling of back pain and leg cramps.

Yijiang Film was originally a normal company. Spielberg was confident that he would initially digest Yijiang's resources within half a year, and then DreamWorks could release films in most global film markets.

Most importantly, DreamWorks has the confidence to face Paramount Pictures.

Spielberg quickly communicated with the South Korean side, and the global issuance business is about to be established, which also comforted South Korean shareholders.
Chapter completed!