2461 [Dismemberment of the world]
After Xia Xue successfully won Universal Pictures, she immediately split the company.
Except for the film library, all other assets are for sale.
In fact, for a film and television company, the most valuable thing is the film library.
Movies in the film library can be used for the distribution of videotapes and video discs, or can be authorized to broadcast on TV stations and online platforms. If it is a classic movie, it can also be re-screened, etc. In short, there is a wide range of ways to make money.
For example, MGM Pictures made $520 million and $500 million in revenue in 2007 and 2008.
These revenues also ensure that it can still maintain the basic operation of the company while carrying heavy debts of $3.7 billion.
Universal Pictures' film library is bigger, more refined and more valuable than MGM.
MGM only has two thousand movies, but it was planned to buy Carlock, Orian, Polygon and other film libraries after it sold its own film library.
Universal has 3,100 movies and more than 14,000 TV series. There are also many classic movies and TV series, such as "The Great White", "E·T", "Back to the Future" series, "Mummy" series, "Frankenstein" series, "Battlefield Galactica", "Knightsman", "Cynon Special Attack Team", "Flying Wolf", etc.
After taking over Universal Pictures’ huge film library, Snow Media Group, which Xia Xue holds, also has the largest film library in the world.
Because Turner Broadcasting, a subsidiary of Snow Media, acquired the MGM film library in 1985, including more than 3,000 movies, more than 800 cartoons, short films, etc.
In addition, Hannah Barbara Animation Company has more than 3,000 cartoons. As a result, Snow Media has more than 6,000 movies, more than 4,000 cartoons, and more than 14,000 TV series... It can be regarded as a giant.
If it is well operated, this library can contribute more than $700 million in profits to Snow Media Holdings every year, which is undoubtedly extremely profitable.
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Xia Tian took over the assets, including Universal Pictures (including the production department, distribution department, artist department, etc.), two Universal Studios, MCA TV Group, MCA Records, Putuman Publishing Company, 40% of the shares of Cineplex-odeon Cinema, 50% of the shares of UA Cable TV Network, and amphitheater, etc.
Among these assets, the most valuable for summer are undoubtedly Universal Studios, amphitheater, theater shares, MCA recording company's music library and UA Cable TV Network's 50% shares.
Universal Studios can solve the venue problem faced by Tianxia Production when producing film and television dramas. Although Tianxia Production could borrow Columbia Pictures’ venue before, it was not its own and still had to pay a certain venue fee. Now, it can be saved.
Cinemas are a heavy burden for a film company that is on the decline. Because there are not so many scenes to be filmed, but the equipment and sets still need to be improved continuously. It is equivalent to investing money into the sea without any reward.
However, for a rising film company, cinemas are a very important asset. Many film and television dramas can be filmed here, saving a lot of venue rental costs.
Cinema shares can make up for the shortcomings of Tianxia Production in film distribution. Although Tianxia Production acquired Miramax, the largest independent film publisher in the United States, it has occupied a place in the distribution market.
But to be honest, Miramax's distribution channel is really far behind that of giants like Universal Pictures. Now that they have obtained the theater shares held by Universal Pictures, and coupled with the distribution channel of Universal Pictures, the distribution of movies produced in the world is no less than the six giants.
In fact, after swallowing up Universal Pictures' large assets, Tianxia Production also replaced Universal and officially became one of the six major Hollywood giants.
MCA Records is one of the largest record companies in the United States. It was founded in 1962. In 1962, it acquired Deca Records' American branch; in 1970s, it acquired Cambo Records, in 1979s, it acquired ABC Records; in 1985, it acquired Motown Records; in 1990s, it acquired Geffen Records, GPR Records...
Through a series of acquisitions, MCA Records has grown into one of the world's largest record companies. The reason why Universal Records can become one of the five largest record companies in the future is because it has fully inherited the assets of MCA Records.
Columbia Records already existed in summer. Now if MCA Records are added, he will become the person with the most copyrights for songs under his jurisdiction.
The songs in these music library are as valuable as the film and television series in the film library. In the future, nostalgic records, selected records, authorized to other singers to cover, adapt, use them in film and television dramas, games, etc., can also make money.
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In addition, the most valuable one is 50% of the shares of UA Cable TV.
UA Cable TV, a shares jointly held by Paramount and Universal, are as the two companies have non-competitive terms that prevent them from independent of UA Cable TV and owning other cable networks.
Therefore, after Xia Xue, a cable tycoon, had to sell her shares in UA Cable TV due to the restrictions of non-competition clauses after acquiring Universal.
Obtaining 50% of the shares of UA Cable TV in the summer is a very good thing for Tianxia Production. Because UA Cable TV is a company with a large number of viewership users among many cable TV companies across the United States.
Its paid ratings have more than 20 million users, and it also has many TV programs with high ratings. Especially its game section, it is very popular among young people today.
Because of its acquisition of film and television companies such as Miramax and Orian, there are now more than 2,000 movies in the film library.
It just happened to be screened on UA cable TV, which not only earns copyright fees, but also activates the entire film library, which is a good thing to kill two birds with one stone.
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After receiving most of Universal Pictures' assets, Tianxia Production became fat in one bite, and quickly became one of the strongest giants in Hollywood from the previous quasi-giant. Even compared with Columbia Pictures, it was no less than that. Xia Tian became the one who held two super film giants, and for a time, she was extremely glorious in Hollywood.
This transaction has also been criticized.
Many people criticized the Xiatian brothers and sisters for dismembering the decades-old super giant Universal Pictures through secret rooms. They asked the Federal Institute of Fiat to issue an injunction to terminate this immoral transaction.
Chapter completed!