"Fifty million US dollars is too high, and this price is completely unreasonable."
Chen Dongcheng sneered, it was really whimsical.
Although their channels are very tempting, they cannot be taken advantage of.
"I think so too. We might as well meet with the TMP people. If you want to take down IM, TMP people can't get around them no matter what."
Grab, grab, grab. Grodd suggested.
"Well, then make an appointment and finalize this matter as soon as possible. I am very confident. We must master overseas distribution channels as quickly as possible."
Chen Dongcheng knew very well how exaggerated his achievements were.
The global box office has exceeded one billion U.S. dollars, making it almost one of the most profitable comic book adaptations.
Such achievements are enough to turn Warner Bros. against itself.
It's obviously his own comic book character, but he was deceived by Legendary Pictures into disappearing. It would be strange if the other party didn't blow it up.
For general Hollywood movies, overseas box office accounts for 70% of the total box office, which shows the importance of overseas distribution capabilities.
Even for the global box office, Chen Dongcheng must acquire IM.
As long as they master the overseas distribution capabilities, even if Warner Bros. wants to target itself, it has missed the best opportunity and can only allow Legendary Pictures to grow rapidly.
Grod didn't know where his boss had the confidence to be so sure that it would become a big hit.
In any case, acquiring IM is always a good thing for Legendary Pictures.
…
Legendary Pictures really wanted to buy it, and TMP really wanted to sell it, so the two sides hit it off immediately.
The founder of TMP is called Tang Wei, and this man is indeed a character.
Before 2008, he was a Chinese-American who once held the highest position on Wall Street, which shows how good his skills are.
I have lived in the United States for a long time, and I have some connections with many domestic capital giants.
Under his instigation, giants such as Tengxun invested money to establish this Sino-US joint venture TMP.
Tang Wei relied on his outstanding skills and connections to secure his position as TMP president.
Even many Chinese capital companies also have great trust in Tang Wei.
If HNA and Wanda hadn't been too aggressive, the upper management's supervision of capital outflows overseas would not have been so fierce and rapid.
Tang Wei's ambitions were completely extinguished by a regulatory policy.
At this time, the two parties met.
Tang Wei was a little surprised to find that Grod actually walked over with a young man, and the young man was walking in front.
This made Tang Wei a little curious, and he looked carefully.
I just think that this young man is handsome enough. Even with his European and American aesthetics, he feels that this young man can even go to Hollywood and maybe have a chance to become famous.
"Tang, this is my boss, you should have heard of his name."
Grod introduced him with a smile. He and Tang Wei had only met twice at other banquets.
Tang Wei is a good dancer, and he is very familiar with the CEOs of these second-tier film and television companies.
"Are you...Mr. Chen?"
Tang Wei frowned and thought deeply. He always felt that this young man looked familiar, as if he had seen him somewhere before.
Suddenly, a picture flashed in my mind.
That was a group photo he saw in Brother Tengxun's office.
巘戅voDt.orG戅. Above are Brother Xiaoma and Chen Dongcheng.
At that time, he remembered that Brother Xiao Ma pointed at Chen Dongcheng and introduced him to him. The long list of resumes simply blinded him.
But after he inquired carefully, he could feel the horror of this person more and more.
Until he heard that Legendary Pictures had been acquired not long ago, as a Hollywood news source, he had been inquiring about Legendary Pictures' actions.
He never dreamed that his contact with Mr. Chen would be in the form of his company being acquired.
Thinking of this, Tang Wei couldn't help shaking his head and laughing.
"Mr. Tang should understand our purpose, so I won't beat around the bush. As long as the price is reasonable, we at Legendary Pictures are willing to fully acquire IM."
We are all smart people, and wrangling is just a waste of time and is of no use at all.
"Mr. Chen is really quick to talk, but Mr. Chen should be very clear about the value of IM. No ambitious film and television company will miss it."
Tang Wei smiled and showed no sign of urgency.
Anyway, the value of IM is there, no one will be interested.
"Oh? Is it possible that we have other competitors?"
Chen Dongcheng drank coffee, his mind racing rapidly.
At this point in time, there are not many companies that are interested in IM and have the strength to do so.
And there seems to be only one company that has been eyeing the six major positions.
"Mr. Tang said, could it be Lionsgate Pictures?"
Tang Wei narrowed his eyes and felt a little admiration in his heart.
You can quickly guess which company it is from just a few words of your own, which is indeed a skill.
"Yes, Lionsgate Pictures is also in contact with us. After all, Paramount's market share has declined sharply and it won't be able to survive for a few more years."
Tang Wei did not hide anything, and appropriately exposed other buyers to help him raise the price.
"Mr. Tang, although Lionsgate Pictures is pretty good, it may not have enough funds to take over IM."
Chen Dongcheng calmly took a sip of coffee and said calmly: "Lionsgate Pictures just acquired a majority stake in 3Arts not long ago. The most I can do is to have a good time."
Tang Wei was silent, Lionsgate Pictures was just asking casually, and it would be difficult to get the funds quickly.
The current situation in Hollywood is not good, the North American box office is almost stagnant, and many giants are becoming more cautious in their actions.
Under such circumstances, few would dare to make a large-scale acquisition of IM.
The giants don't need their overseas distribution channels at all, and they can't afford other ones they need.
"Mr. Chen, I would like to ask, since your company already has North American distribution capabilities, why did you spend so much money to acquire IM?"
Tang Wei is really curious. Although IM is tempting enough, Legendary Pictures has not intervened overseas for so many years.
What he did this time was really weird.
“Disney’s acquisition of 20th Century Fox is imminent, and Paramount exists in name only.”
"Two of the six major film companies will soon be vacant. Do you think careerists will miss this opportunity?"
Chen Dongcheng gently put down the cup and said softly.
"Absolutely not. If I had the ability, I would squeeze into the top six positions even if I had to sell everything."
Tang Wei said decisively.
On this point, he coincides with Chen Dongcheng.
Unfortunately, he is only a professional manager after all, and is far less financially strong than Chen Dongcheng.
"Mr. Chen, as you said, there is no second company on the market that has the strength to acquire IM. If you make a price, as long as it is reasonable, I will sell it."
Tang Wei looked at the young man in front of him with growing expectations. How far can this young man go?
Is it possible that this young man can really lead Legendary Pictures to become the new top six?
"For US$400 million, Legendary Pictures fully acquired IM, and all shareholders withdrew."
Chen Dongcheng also reported a number directly and resolutely. This is basically the price that is most in line with IM's current situation.
Unlike Tang Wei and others when they acquired IM, they only obtained the controlling stake in IM.
Legendary Pictures wants to completely control IM and does not allow a second voice to appear.
"Deal, we TMP will withdraw completely."
Tang Wei smiled and stretched out his hand. It was a blessing to get the help of Legendary Pictures when China was facing a financial crisis.
"Congratulations, Mr. Tang, we may become friends and work together in the future."
Chen Dongcheng smiled and stretched out his hands, as calmly as ever.
In his eyes, there was no suspense about this acquisition.
IM is the one in the bag and will definitely be taken over by Legendary Pictures.
"oh?"
Tang Wei heard the elegant sound and his eyes lit up: "Mr. Chen said, can our TMP invest in Legendary Pictures' projects in the future?"
"Of course, our Legendary Pictures projects will give a certain proportion of investment to many partners, but the specific proportion depends on the value of the project."
Chen Dongcheng smiled and nodded, this was what he had planned all along.
In Hollywood, no one can complete the investment in a big IP alone.
Pulling a few allies to invest together is the normal way to play.
But for a project like this that is destined to make a lot of money, forget it.
Even if the share can be given away, the maximum amount will be 5%.
There are still other conditions in exchange.
Only projects like this, which sound like a scam and have extremely high costs, can give TMP a 20% investment share.
But for TMP who have no foundation in Hollywood, even if they know it is a trap, sometimes they have to step aside, otherwise who will take them to play?
The two smiled and looked at each other, both quite satisfied with the acquisition and future cooperation.
It is definitely a good thing that TMP has received a sum of funds to be able to overcome the current difficulties and have the opportunity to participate in future Legendary Pictures projects.
Legendary Pictures has completely taken off. It has Legendary Pictures for North American distribution, IM for overseas distribution, and Cao Cao Pictures for domestic distribution.
Under Chen Dongcheng's guidance, Legendary Pictures' distribution channels are spread all over the world, and are no worse than the six major film companies.
In addition, there is a film that can earn Oscar nominations and make money at the same time.
Legendary Pictures is destined to shock the entire Hollywood community!