Chapter 1140 Private meeting(1/2)
Pan Am's rapid decline in the past two years made Barber both distressed and unwilling.
After all, this is a company that he has spent decades of hard work on, and he has also spent his youth on this company.
How could he be indifferent to this situation.
Now Coakley is self-willed, and for his own sake, he has overturned all the plans he had implemented in Pan Am, causing Pan Am's finances to be on the verge of collapse and on the verge of danger.
Barber wished he had a gun in his hand now and could kill this guy.
In particular, he heard that Coakley used his status as a major shareholder to pay dividends to all shareholders, leaving only tens of millions in cash flow for Pan Am. This was simply a joke for a Hollywood giant.
Even famous Hollywood movies are financed through various businesses instead of spending their own money.
Use other people's money to make more money for yourself.
The theory is good, but how could a movie giant not leave a large amount of cash as a backup?
As a result, Pan America now owes about $500 million in foreign debt.
If this continues, Pan Am will definitely be destroyed by Coakley.
The middle-aged man sitting opposite Barber was named Martin Fast. He was once Barber's deputy at Pan American. However, because of Barber's relationship, he was squeezed out by Coakley after Barber left. Then Barber went to the East.
At DreamWorks, Martin didn't want to be wronged anymore, so he simply switched jobs and followed his old boss.
It can be said that a large part of the middle-level elites at Oriental DreamWorks in Hollywood came from Pan America and continue to follow Barber.
"Sir, if possible, should we try to acquire Pan Am? Anyway, I heard that the boss is never short of money!" Martin suddenly suggested with a heartbeat, and there was a look of expectation on his face. He really wanted to see what happens if Pan Am
What would that idiot congressman's face be like after being acquired by Oriental DreamWorks?
Hearing Martin's words, Barber smiled bitterly, then shook his head and said lightly: "This is impossible!"
"It's impossible for Coakley to sell Pan Am to Oriental DreamWorks. Even if it were sold, at most it would be an empty shell for Oriental DreamWorks, and it would also be saddled with a lot of debt."
No one knew better than Barbour how much Coakley hated him.
Pan Am's series of failures in the past two years have long been regarded by Coakley as Barber's counterattack, even if these were all caused by Coakley's initiative to compete head-on with several of Yang Ming's films, which led to such a miserable defeat.
But the congressman will never think that it is his own fault. He will always shift the responsibility to others.
It hasn't changed in decades.
"Alas!" Martin sighed heavily. He also had deep feelings for Pan Am and did not want Pan Am to be destroyed by Coakley.
He has been in private contact with his colleagues at Pan Am, and he has a relatively good understanding of Pan Am's current situation. If this continues, Pan Am may go bankrupt one day.
After a while, Martin left with a complicated mood.
Barber sat in a chair, holding his chin with his left hand, looking out the window, thinking about the feasibility of acquiring Pan American.
He has been in Hollywood for so many years and is very aware of how many film companies there go bankrupt and liquidated every year, including some that were famous in the past.
Pan American may also embark on the road to bankruptcy once the situation is unfavorable.
Hollywood is not a nice place. A pack of wolves looks around. If you show any signs of weakness, countless hungry wolves will pounce on you and eat your flesh and drink your blood. There are too many examples of this in the history of Hollywood.
Barber guessed that if something goes wrong with Pan Am, Dime, as its current ally, would definitely be the first to pounce and bite a piece of the pie, seeking a share of the pie.
Barber was really moved by Martin's proposal to let his boss acquire Pan American just now, but he knew that this was very difficult, almost impossible, and as difficult as climbing to the sky.
But there is no room for maneuver.
He couldn't help but think of how Yang Ming and the others acquired the Amc theater chain before, but compared to acquiring Amc, acquiring Pan American was much more difficult.
And to him, the most valuable thing about Pan America is not its fixed assets, but its huge copyright library.
Barber has been with Pan Am for decades, and no one knows the value of Pan Am’s copyright library better than him. Once Oriental DreamWorks in Hollywood owns the huge copyright library that Pan Am has accumulated over decades, it will completely dominate Hollywood.
Keep your footing.
When he thought of this, his heart couldn't help but surge, but he quickly suppressed his inner excitement and seriously considered the feasibility of the plan.
It seems that we still need to have serious communication with Yang Ming before deciding whether to acquire Pan American.
The key premise is that Pan American's finances have completely collapsed, and Coakley will have to sell Pan American's shares if he feels it is unprofitable.
It looks like next year will be a very important year.
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After the release of the new US Weekly movie box office data, it quickly caused an uproar throughout Hollywood. None of the Hollywood film companies expected that a Chinese-language movie could break out of the box office during their fiercely competitive Christmas period.
The third position on the list.
Absolutely a dark horse.
If this Chinese-language film was a blockbuster produced by Yang Ming, perhaps Hollywood wouldn't be so surprised.
But the key point in this film is that except for Ji Feihong, who had a certain degree of popularity in the United States, the other people in Hollywood are basically no different from passers-by.
Such a film ranked third at the box office in the Christmas box office war, which really made many people in Hollywood have their jaws drop.
It's simply unimaginable.
In addition, Pan American Entertainment's blockbuster, which had invested over 100 million and had high hopes, failed miserably in the Christmas box office battle, which also surprised many people.
The box office accumulated in the first week of release was only about 10 million yuan, and it was not even ranked in the top ten.
This loss is simply miserable.
Pan American Entertainment is in trouble this time.
Some people in Hollywood have also noticed that several blockbusters that Pan American Entertainment has invested in this year seem to have failed miserably at the box office.
Including last year, it seems that Pan American Entertainment has failed too many times in the past two years, right? There are many words on Wucuo Novel Network
This is definitely not normal.
The American media have turned around and criticized Pan American Entertainment for its bullying performance in the film market in the past two years, which has simply insulted the reputation of the six major Hollywood film giants.
At the same time, when the news that "Liu Changqing" ranked third at the U.S. film weekly box office was spread back to China, it also caused a sensation in the domestic film industry.
The Chinese media even reported this in a grand way, as if they had won a battle.
Comprehensive analysis of the success of "Liu Changqing".
Coupled with the film's domestic box office figures of around 500 million yuan per week, this film released by Oriental DreamWorks has once again become a hot topic in the news.
Lu Wansong, who was directing alone for the first time, achieved such a huge success for the first time and was praised by countless media. They believed that Oriental DreamWorks had once again found a treasure and added a talented director to its banner.
Of course, as the screenwriter of the film "Liu Changqing", Yang Ming once again used hard facts to solidify his title as the "God of Screenwriters" in the film industry.
As long as the script is written by Yang Ming, there is basically no failure!
Many domestic film companies are extremely coveted for Yang Ming's script writing talent, but they all know that Yang Ming can only write scripts for his own company, and it is almost impossible to write scripts for other companies.
Yang Ming also learned about the box office performance of "Liu Changqing" in the United States in the Lion City, and was extremely surprised.
This is an unexpected gain.
I really didn't expect that due to an accidental factor, this film would achieve such great success in the American film market.
Of course, the price paid is also high.
Although the controversial plot of "Liu Changqing" caused media confrontation between the two countries and made the film the focus of media public opinion, Barber spent a lot of money to promote the film afterwards.
In other words, it is simply throwing money at the risk of death.
The current promotional expenditure for this film in the United States has almost reached 30 million yuan.
With this kind of money, I can make two "Liu Changqing" movies.
There is no way, Barber's handiwork is too big, and the cost of advertising is also high.
However, after Yang Ming received a work email from Barber, his whole person became very solemn and his face was solemn.
Barber actually wants to buy Pan American Entertainment?
To be honest, Yang Ming couldn't help being shocked when he saw this work email. He even thought today was April Fool's Day.
But after reading Barber’s detailed analysis in his work email, he felt that there was really a glimmer of possibility!
Pan American Entertainment is now heavily in debt, and there is panic within the company. Coupled with the negative impact brought by Coakley, the entire Pan American is in a state of chaos.
Even so, it is extremely difficult to acquire Pan American Entertainment.
But when he thought of the benefits that would come from acquiring Pan American Entertainment, Yang Ming was really moved.
But this plan needs to be considered in the long term.
Maybe next year's box office battle between "The Fast and the Furious" and "Speed Drift," which cost a lot of money to shoot, will be a good opportunity.
If Pan American Entertainment continues to fail miserably at the box office, then this failure may very well be the straw that breaks the camel's back.
It is better to prepare in advance rather than being caught off guard.
United States.
Two cAA bosses, Wayne and Edgar, and Dimei's Harrison made an appointment to meet at a private club.
At this time, the three of them were drinking coffee and chatting.
"I heard that Pan Am's "Speed Drift", you CAA are very powerful!" Harrison said with a calm face.
To be continued...