Hollywood New Century

Chapter 118: won't sell

"Simon, now we at 20th Century Fox really need a production company with strong film development capabilities like Xinghai Pictures, and your ability is obvious to all," Gia Nopoulos said, serious:

"We, 20th Century Fox, hope to acquire Xinghai Entertainment!"

Simon was stunned for a moment. It turned out that he did not just sign a distribution contract, but wanted to package his own Xinghai Entertainment.

Rupert Murdoch adjusted his glasses and said with a smile: "Simon, listen to my conditions first, first, after joining 20th Century Fox, Xinghai Pictures has independence in film production, you still call the shots;"

"Secondly, there is no need to worry about distribution issues for Xinghai Pictures' movies. Even if you want to set up Xinghai Pictures' own distribution network, you can. If you have the ability, you can be on an equal footing with 20th Century Fox under News Corporation;"

"Again, the valuation of Xinghai Entertainment is 750 million US dollars, cash plus News Corporation stock is all right, Xinghai Entertainment joins, and there will be no change;"

Simon quietly listened to Rupert Murdoch's conditions, $750 million, plus Xinghai's 300 million debt, this is a more than $1 billion acquisition.

"By the way, you can keep the Xingchen record company under Xinghai Entertainment, it is not included in the assets," Rupert Murdoch thought of something and continued.

1 billion mergers and acquisitions, Simon raised his head and looked at Rupert Murdoch, is this guy also optimistic about Marvel? No, didn't the executives of 20th Century Fox feel that the acquisition of Marvel was unnecessary?

"The most valuable industry under the Dow Jones Group is the "Wall Street Journal", plus the affiliated TV stations and radio stations. Now that the print media is obviously declining, News Corp. buys the Dow Jones Group. I actually can't figure this out." Simon suddenly turned the subject in another direction.

"Oh, it's interesting, you also know that the Murdoch family's shares in News Corporation are less than 13. News Corporation is not actually controlled by our family. Why has News Corporation not had other principals for so many years? This question you If you think about it clearly, you will understand that in my position, some things can't be done just by looking at capital profits," Rupert Murdoch smiled.

Simon nodded and said with a smile: "I understand this!" Barry Diller, a famous Hollywood actor, helped News Corp build a Fox network that rivals the three major wireless television networks of ABC, CBS, and NBC in the United States. T. Murdoch cleared the group.

News Corp. has always had only one final voice, and that is Rupert Murdoch himself. News Corporation started out in the newspaper industry, and the sales and special status of The Wall Street Journal is undoubtedly a powerful addition to News Corporation.

As long as Rupert Murdoch grasps the news media, the head of News Corp. will always be the Murdoch family.

"Simon, if 20th Century Fox acquires Xinghai Entertainment, you will be one of the sensible members of News Corporation, and 20th Century Fox will also be handed over to you in the future. After all, we are all old," Gia said. Nopros smiled, pointing to himself and Rupert Murdoch beside him.

Gia Nopoulos is now the head of Twentieth Century Fox Entertainment, reporting directly to News Corp chairman Rupert Murdoch, and oversees Fox Television and Twentieth Century Fox Pictures.

"Actually, many people understand that you, Simon Pike, are capable, but you were born poorly and did not have any resources to use. Maybe it wasn't Nicole Kidman's support back then, but now you are still a small actor in which crew, or selling Selling scripts or something," Rupert Murdoch took a sip of coffee and continued:

"The same is true now. The rise of Xinghai Entertainment has attracted the attention of many people. Over the years, New Line Cinema, Miramax Films, DreamWorks, etc. are all outstanding independent filmmakers. In the end, it was sold to our blockbuster!"

"Why, I think you know better than me!"

"Their idea back then was the same as you are now, to become a player comparable to our top six, especially DreamWorks, whose market share also surpassed that of MGM and Paramount, but unfortunately you know the ending!"

Rupert Murdoch said, looked at Simon Parker, still expressionless, and continued: "It is impossible to make money from movies alone, even if you build a distribution network, then you still need to Outside investors back you,"

"You seem to know that you can't make money from movies alone, so you set up Xinghai TV production company, Xingchen Records. Can you guarantee that TV and music will be as popular as your movies?"

"The distribution network is not as good as film production. The amount of funds required is huge, and the negotiation with the theater chain is not so easy!"

"David Griffin, Jeffrey Katzenberg, and Steve Spielberg built DreamWorks only to be attached to the Big Six, and you think you can match the three of them. together?"

Simon looked at the coffee in his hand, then took a sip and explained: "This is the age of technology. If people are successful, it takes a very short time. When News Corporation spent $525 million to acquire MySpace, I thought about establishing a company. A social network that has only been up for a year or two is worth so much money?"

Gia Nopros was stunned for a moment, and said, "Simon, you won't sell Xinghai Entertainment?"

Simon nodded and said: "Independent film production companies enter the blockbuster system, and the ending is the same. Now, I still want to try how far I can go!"

Rupert Murdoch didn't expect Simon to reject it so thoroughly.

"Well, hopefully you'll change your mind in the future!" Rupert Murdoch said.

After Simon left the room, Rupert Murdoch leaned on the sofa and said with a smile: "Simon Parker has extra funds now?"

Gia Nopoulos responded: "He's set up a nine-headed bird fund on Wall Street to manage his money, almost $200 million!"

"200 million, he should be ready to enter the publishing industry with this 200 million US dollars of capital. It is a good thing that young people are motivated, but Simon Pike seems to have too much confidence in himself," Rupert Murdoch said. Shaking his head, he smiled again: "The six major distributors have too much control over the movie business, and the various resources are far greater than Xinghai Entertainment. I am really looking forward to the future of Xinghai."

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