Since its formation, no movie has ever exploded with such crazy popularity as "The Avengers".

The results of "Titanic" and last year's "Avatar" were not top-notch in a single week, mainly because they were super stable.

In just twenty days, the box office in North America exceeded $500 million, and the global box office exceeded $1.1 billion.

What sells big is not only the box office of the film, comics, dolls, toys, and character image authorization, but also brings huge revenue to Relativity Entertainment, with global peripheral sales easily exceeding 500 million US dollars!

Relativity Entertainment's investment in this series has reached a good harvest.

This also means that the Marvel Avengers Cinema Universe has officially entered the second stage.

At the same time, Robert Iger's negotiations with News Corporation officially ended, and the two sides finally reached a series of agreements on 20th Century Fox.

Subsequently, Ronan represented the new company established by Relativity Entertainment and Qianlu Group, and officially signed a contract with News Group to acquire 20th Century Fox with wholly owned.

Before the economic crisis, News Corp. had all its assets combined for more than $60 billion, but after the economic crisis and eavesdropping gate, its market value shrank by nearly one-third.

Even so, it is not easy for Relativity Entertainment to win the 20th Century Fox. The final acquisition price is 10% higher than the current market value of the 20th Century Fox, with a transaction price of as high as US$27.6 billion.

Such a price also means that the new company held by Relativity Entertainment bought more than 20th Century Fox Films.

The transactions include a series of companies belonging to Twentieth Century Fox, namely Twentieth Century Fox Pictures, Twentieth Century Fox Home Entertainment, Fox Music, Blue Sky Studios, National Geographic, Fox Searchlight Pictures, Fox Cable Network and Fox TV.

Companies such as Fox Online and Fox Network have given up on their own initiative.

The traditional media Fox News Network and Fox Star Media refused to sell it.

The acquisition of Relativity Entertainment is very targeted, mainly focusing on entertainment and TV station businesses. Since the company has absolutely controlled subsidiaries such as Netflix Network, companies such as Fox Online and Fox Network, which have highly overlapping businesses and are in heavy debt will naturally not be interested.

As for Fox News and Fox Star Media, even though News Corp and the Murdoch family are still unwilling to make concessions in such traditional media industries, Relativity Entertainment has already obtained Fox Cable and Fox TV. After a long period of delay, it may lead to other companies' intervention, it also quickly made a decision.

Compared with the former Walt Disney, Relativity Entertainment has won the full version of Fox Cable Network and Fox TV and its local stations scattered around the world, but has fewer equity shares such as Hulu and Sky TV.

And Fox currently has far fewer subsidiaries than in ten years.

In addition, due to the economic crisis and other aspects, no direct competitors like Conscart appeared in this transaction, which avoided the higher quotation from Relativity Entertainment.

This was not ten years later, when Walt Disney acquired Fox, which happened to be at the peak of media and entertainment stocks that caused At&T to acquire Time Warner.

Of course, the transaction has not been truly completed, and there are still variables that need to be approved by the government.

Relativity Entertainment has been doing this work in advance. It took just one week for the Ministry of Justice and the Federal Trade Commission to pass the antitrust and other audits, on the condition that Relativity Entertainment, as the controlling party of the new company, will sell Blue Sky Studio within 90 days.

Currently, the animation feature film business of Relativity Entertainment accounts for more than 40% of the North American animated film market share, which is normal for this aspect to be restricted.

Moreover, after Relativity Entertainment had Shahai Animation Studio, Pixar Studio and Princess Animation Studio, Ronan never considered Blue Sky Studio again.

The three major Hollywood animation studios have become unworthy of their reputation after the rise of Shahai Entertainment Animation.

With the approval of the Justice Department and the Federal Trade Commission, the deal was officially concluded, and the new company paid News Corp 27.6 billion in two installments within a month.

News Corp has sufficient funds, and the biggest pusher behind it withdraws, and the eavesdropping crisis has not worsened further.

Britain and the United States did not discuss the proposal to completely split News Corp. and force the Murdoch family to sell media companies again. James Murdoch and a group of senior executives of News Corp. They inevitably became scapegoats and would inevitably face imprisonment in the future.

In addition, News Corporation will face huge compensation and sky-high fines.

For example, in eavesdropping on Ronan, Jessica Felton and Relativity Entertainment, facing the lawsuits of the three, News Group finally chose to pay $100 million, $55 million and $300 million respectively to reach an out-of-court settlement.

Of course, the eavesdropping sect is only temporarily reaching a settlement. Ronan and Relativity Entertainment will keep staring at News Corp. It will not give them a chance to turn the tables.

And after this, the strength between the two sides has already widened a huge gap.

The transaction was truly reached, and Relativity Entertainment and Qianlu Group began negotiations and began to distribute interests that belong to the winners.

Similarly, relativity entertainment occupies an absolute dominance.

Relativity Entertainment has no intention of cheating Qianlu Group. It splits Twentieth Century Fox according to the agreement reached by both parties. Since Twentieth Century Fox’s business overlaps with Relativity Entertainment in many aspects, the overall acceptance will inevitably lead to huge waste of resources.

Especially in terms of film production and distribution, except for a few international markets, other aspects have not greatly improved relativistic entertainment.

It is no exaggeration to say that relativity entertainment has almost achieved the ultimate in Hollywood in the film industry.

Relativity Entertainment will not completely annex 20th Century Fox Pictures. First, it will reclaim the copyright of all Marvel superhero characters and search the copyright library and script library of 20th Century Fox. Almost all the copyright library will be taken away, and nearly one-third of the scripts in the script library will be selected first.

Then there is the film library, the copyrights of more than 20,000 film and television dramas have fallen into the pocket of Relativity Entertainment.

This huge film library resource is the most valuable asset of Twentieth Century Fox Films.

Taking these also means that Relativity Entertainment has taken back the copyrights of Fantastic Four, X-Men, Daredevil and Deadpool, etc., and the entire copyright of the "Star Wars" series has been integrated.

After Ronan checked the 20th Century Fox's film library, copyright and script library gains, some related film projects can also be included in the future plans of Relativity Entertainment, such as "Alien", "Rise of the Planet of the Apes", "Pretty", "Garfield", "Flower Milk", etc.

Blue Sky Studio, Relativity Entertainment needs to be stripped as a whole.

National Geographic, Fox TV and Fox Cable TV have nothing to do with Qianlu Group, and the three will jointly form a Relativity TV network.

Fox Home Entertainment has two film and television peripheral product distribution departments that have merged into Embassy Film and Television. Embassy Film and Television has done much better than them in other aspects.

Fox Music merged with the Big Machine Records Company, a subsidiary of Relativity Entertainment, and Relativity Entertainment has since had a first-class music record business in the industry.

The Fox searchlight is handled in the same way as Twentieth Century Fox Pictures.

In addition, Relativity Entertainment has won a seat in the American Film Association, which is MPAA.

From then on, among the names of the six major Hollywood companies, there will be no Twentieth Century Fox, but there will be another relativity entertainment.

Moreover, the strength of relativity entertainment is far stronger than that of Fox.

This acquisition, Relativity Entertainment has gained a series of copyrights. The most valuable thing is that it obtained the full version of the 20th Century Fox Film Library. Since then, it has owned one of the four major public TV stations in the United States, obtained one of the largest cable TV networks in North America, and has truly mastered the right to make rules in the film and television entertainment industry.

Such businesses that were originally weak in relativity entertainment, such as music records, TV production and distribution, news communication, variety shows, etc., have all entered the industry's first-class ranks in one fell swoop.

As long as Relativity Entertainment can successfully integrate these businesses of Fox, it will inevitably become the world's top media and entertainment company.

The remaining part, in accordance with the contract reached by both parties, belongs to Qianlu Group.

Qianlu Group has paid a total of US$14.5 billion, a considerable part of which belongs to Fox's brand value.

As one of Hollywood's most well-known and experienced entertainment brands, the name Twentieth Century Fox itself has great value.

Looking around the world, this brand has the highest influence.

To a large extent, if an entertainment company like Twentieth Century Fox misses, Qianlu Group may never have a second chance.

Even though they had undertaken most of the funds to acquire 20th Century Fox, Qianlu Group and Lin Jian themselves repeatedly thanked Ronan and Relativity Entertainment, because without them, the forces from the East could not master Hollywood's first-class entertainment industry resources at this stage.

Qianlu Group also has corresponding gains. Needless to say, the 20th Century Fox brand has been taken out enough to "shock" the media across the Pacific for a long time.

In addition, Qianlu Group has also obtained a nearly complete film and television industry system.

Even the remaining part of Relativity Entertainment includes most of Fox's film and television production, promotional distribution and peripheral sales systems, as well as a complete Blue Sky Studio.

Especially international issuance channels, they are now businesses that cannot be bought even if they have money.

Qianlu Company spent huge amounts of money to make its own film and television entertainment company, which is even more powerful than DreamWorks today.

It has to be said that although Ronan is very rational, his past experiences have more or less affected his choices. When the Oriental film industry gradually entered the fast lane to develop, he pushed hard behind his back.
Chapter completed!