Hollywood New Century

Los Angeles, Santa Monica, and Summit Entertainment are headquartered in this small seaside city.

In the office on the third floor, Joe Al, the boss of Summit Entertainment, and the acquisition team brought by Simon Parker sat together.

"Simon, I just have a problem with the capital chain. Summit Entertainment is my hard work for more than ten years. You are so anxious to take it away from me?" Joe El said with an angry expression on his face.

"Mr. Al, if Summit Entertainment has no capital injection now, as Summit Entertainment's largest creditor, we have the responsibility to challenge the management's decision, and there are also reasons to suggest Summit Entertainment make a correct decision. The interests of creditors need to be guaranteed. ,” reminded the head of the acquisition team.

"Simon, although Summit Entertainment is only a secondary distributor, our system is sound, and we have participated in the experience of large-scale productions such as "Mrs. Smith", and the horror movie "Garment Horror" we developed is also a very good small cost. A movie can be a successful series, but you don't want to use Xinghai's shares for mergers and acquisitions?" Joe Al said, staring straight at Simon Pike.

"Joe, your real estate company is in urgent need of cash flow, and Summit Entertainment's future projects also need funds. The current foreign debt is already very high," Simon said lightly.

"M&A? What if you have a little stake? Next, I will continue to inject a lot of money, big production, big publicity, all kinds of investment, do you have money? Soon, your shares will be diluted by me. , these make no sense at all!"

Joe El stood up and said excitedly: "Simon, you are forcing me to sell Summit Entertainment, now Hollywood knows that Xinghai Entertainment is going to intervene in distribution, if I go to other big distributors now, they will definitely be happy to buy me. The pinnacle of entertainment!"

Simon looked at Joe Al, stood up, walked over to him, and patted him on the shoulder to sit him down.

"That's true, but which publisher do you think will pay $80 million in cash and take the $60 million in debt to acquire Summit Entertainment?" Simon whispered in Joe Al's ear.

"Also, even if you don't sell it, do you know what will happen? As the biggest creditor of Summit Entertainment, we will ask for an inventory of Summit Entertainment's assets, your distributors will be dismissed collectively, and the filming equipment will be 30% off by me. Sold to the San Fernando Valley (American Adult Film Center, not far from Los Angeles);"

Saying that, Simon stood up, turned to look out the door, and then said, "Don't pressure me with other distributors, I can set up my own distribution network now, and the movies produced by Xinghai Pictures have not failed yet;"

"So hurry up and sign this **** contract and share the $80 million with other shareholders to save your real estate company, or you'll be waiting to sell at a lower price, or wait for the court to liquidate!" Simon His tone became a little excited.

Joe El was stunned, his face was blue and white, and he looked very ugly.

"Damn it!" Joe El sighed, and of course what Simon Pike said was true. Summit Entertainment didn't have any film library, and Xinghai Pictures' bid was also very high, and they acquired 60 million US dollars before. If you want to find new investors, you will not be able to get around Xinghai unless the debt is resolved first, but who will bid more than $80 million?

One hundred unwilling Joe Als still wrote down the contract issued by the lawyer and signed his name!

"Joe, I will not only let you continue to live in your beach house, but also let you continue to enjoy life in the future, and let your children not have to worry about the cost of going to college in the future," Simon suddenly said in a gentle voice.

"Shouldn't you be thanking me?"

Joe Al, who was stunned for more than ten seconds, felt as if he had eaten a fly. He fell weakly on the chair and replied, "Thank you!"

"No need," Simon said and left the office without looking back.

Pinnacle Entertainment, now finally belongs to Xinghai Pictures, with Pinnacle, Xinghai Pictures can release its own movies.

At the beginning of 2008, Xinghai Entertainment acquired Peak Entertainment, a small publisher, with unparalleled strength. In the eyes of many ordinary people, this is not a big deal, but it is something worth noting for the industry.

In early February 2008, Xinghai Entertainment acquired 28 large multiplex theaters under the United Theater Company with more than 200 million US dollars in cash.

The theaters of the United Theater are mainly multiplex theaters in large cities, and the locations are also mainly distributed in large cities such as Maryland, Virginia, Tennessee, Georgia and California.

"Martha, you did a good job!" Simon is getting more and more optimistic about this assistant. She definitely has an indelible contribution to the acquisition of Summit Entertainment and United Theater.

"Simon, United's 28 multiplex theaters with more than 450 screens, plus several IMAX theaters, is a great addition to our distribution network," Nina Jacobson said. Excited, Summit Entertainment has just received it, and now it has its own small luxury theater line.

Simon nodded, it was all money, but he had borrowed another $500 million from Wall Street, and the current total loan amount of the Nine Head Bird Fund was already $1 billion!

"Boss, Emperor Entertainment Group also made a bid this time, but they don't want to give out $200 million in cash," Martha Cosby still remembers the largest theater company in North America.

"Emperor Entertainment," Simon said with a smile, "This deal from United Theater is a big acquisition for them. In the current situation, cash is king!"

Emperor Entertainment was formed in 2002 through the integration of three bankrupt theater companies, all the way through mergers and acquisitions.

"Top Entertainment, United Theater, integrate as soon as possible, and the company's film promotion plan will start immediately. This year is the most important year for Xinghai Entertainment. As long as we successfully integrate resources and add our ability in film content, we may not be without and The ability to compete with the six majors!" Simon is really ambitious now, even if the money is a bit more, but it is worth it.

"Understood, we have already carried out pre-promotion for several films to be released this year, and we have also made several copies of various publicity strategies. Now that Pinnacle Entertainment and the resources of United Theater, we are entering the distribution industry this year. Hit!" Nina Jacobson dare not underestimate the United Theater, the 28 theaters are all large multi-hall luxury theaters, more than 450 screens, a veritable commercial theater chain.