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Chapter 786 - Chapter 777 Splitting Fox

Even though Fox's value has fallen to the lowest in the market, given its status as one of the top six, it can be said to be a bargain.

But even so, it is not easy for Washimine Entertainment to completely take over 20th Century Fox.

When it comes to the acquisition of a company of this size, buyers and sellers need to consider more than just the price.

And the companies affected by this acquisition are not just Washimine, Fox and News Corporation.

Fortunately, Washimine Entertainment has already completely penetrated Hollywood. Except for Fox, the other six major companies have long acknowledged Washimine as one of them.

Moreover, Washimine was very generous in his actions.

Previously, when besieging News Corporation, Washimine had allowed other parties involved to gain considerable profits.

Washimine's generosity is not only reflected in this aspect. Shion also directly waived the foreign debt that Fox had issued to the Big Six.

The reason why the Big Six can become a collective, besides the fact that they are all members of MPAA, is that there are various financial transactions between them.

It is almost a rule within Hollywood to use less of your own money when making a movie.

In such circumstances, many films are financed by the Big Six.

This is why, although the six major groups exploit each other, they are still a collective.

Because there are financial interests between them.

Therefore, Washimine distributed the shares of [See Moon] to six major companies.

In a conservative capitalist country like the United States, the easiest way to successfully integrate into it is to have monetary transactions with each other.

Fox naturally also has foreign debts from six other companies, and the amount is not small.

For example, Fox invested a considerable amount of money in "Terminator 2018" which was released in Columbia last year.

Originally, Fox thought it could make a fortune from the "Terminator" IP, but in the end the film barely broke even, and the money Fox helped invest was basically wasted.

According to past industry experience, investment companies can only blame themselves for their bad luck at times like this.

But at that time, Fox was short of money, so it unprecedentedly asked Columbia for debt repayment, which made the other party very annoyed.

It's not just Columbia. Other film companies also experienced debt collection when Fox's situation was not good last year.

This is also one of the reasons why Washimine is able to connect a large number of people.

After all, no one wants to be watched and asked to pay back debts all the time.

This time, when acquiring Fox, Shion directly stated that all these debts would be waived.

Yes, not a delay, but a complete exemption.

This move directly made the film companies feel very comfortable.

"You're so generous! You gave up such a large sum of money in one go." Nanaya was shocked by Shion's extravagant behavior.

Anyone else might think that such conditions are too generous. Did Washimine spend a lot of money to acquire Fox just to give it away for free to other film companies at a cheap price?

"Nanaya, don't be so stingy."

Shion just smiled slightly at Nanaya's words.

"It's worth it. Only when you give can you gain. Do you still expect us to take over Fox's debts?"

This is obviously a negative. If other companies really intended to repay the money, why would they follow Washimine and stab Fox in the back?

"Since it is impossible to take it back, why not just do it as a favor and let it go. Those old debts are just a burden."

Shion spread her hands and said indifferently.

"Besides, those film companies will not stop making movies in the future. There will always be a time when they will ask us to borrow money."

"When the time comes, we can talk slowly..."

Having said this, Shion let out a relieved laugh.

Nanaya nodded slowly: "Indeed, the problem now is how to make those companies that are currently allergic to spirits relax so that we can complete the acquisition as soon as possible."

After completing the filming of Chaldea Theater, Nanaya began to intervene in Washimine's acquisition of Fox.

He is well aware of the obstacles Washimine is currently facing in acquiring Fox.

If the acquisition is successful, Washimine Entertainment will occupy two seats in the MPAA, which has touched the nerves of some people.

Many people began to think that Washimine had suspicion of monopoly and tried to sue Washimine.

Fortunately, Washimine has always been a good "law-abiding" company, and its strong legal department will ensure that nothing illegal will happen in its company.

But even so, it took a long time for Washimine to finally reach an agreement on the acquisition of Fox.

Fortunately, Nanaya does not have to participate in these actual operations. All he has to do is lead the general direction of the entire acquisition and identify the assets under Fox.

You know, Washimine and News Corporation finally reached a deal for $34.6 billion and took Fox away as a whole.

Compared to the $71.3 billion transaction price of Disney in Nanaya's previous life, this price is simply too cheap.

But what's even more outrageous is that Washimine bought much more this time than Disney did.

At that time, Disney only bought Fox's 20th Century Fox film and television, not Fox News.

But this time, in addition to Fox Film Corporation, Washimine also bought a series of other subsidiaries of 20th Century Fox.

The reason why this deal was successful, besides the fact that Washimine did not encounter any malicious bidding opponents, was also because News Corporation itself was in a hurry.

When Disney bought Fox, News Corp had already recovered. Murdoch did need to sell Fox to raise some funds, but there was no problem with News Corp's operations itself.

He could have negotiated with Disney at ease.

But now old Murdoch is still waiting for the life-saving money from Washimine.

Therefore, even though he knew he was losing money, Murdoch still had to sell with tears.

However, Washimine certainly doesn't need all of the things Fox has. Nanaya's job is to find the parts that Washimine needs from Fox's huge list of assets.

Among them, in addition to Fox Films, Nanaya also pays more attention to Fox Music, Blue Sky Studios, Fox Television Network and Fox TV.

With Fox TV and Fox Network, Washimine can finally get involved in the television and film industry.

Although the overall development of the television industry is not very good now, it is far from the time for television to completely exit the market.

So as a traditional medium, it is still very important to entertainment companies.

Blue Sky Studios is currently one of the three major animation studios in Hollywood.

Although Blue Sky Studios has long since declined and can only rely on the "Ice Age" series to make a living.

But Blue Sky Studios in 2010 was still very powerful.

Fox released so many movies in 2009, and the only two that made big money, besides "Avatar", were "Ice Age 3" by Blue Sky Studios.

It's just that the parent company Fox has not been doing well recently, which has caused the studio to not have a good time recently.

After acquiring Fox, Washimine Entertainment directly injected capital into Blue Sky Studios, allowing them to complete the half-finished "Rio" as soon as possible.

At the same time, Nanaya selected the "Big Hero 6" comic series from Marvel's vast character library, wrote the first draft of the script and handed it over to Blue Sky Studios.

Blue Sky Studios will start working on this movie once Rio is finished.

Nanaya believes that with the strength of Blue Sky Studios, Big Hero 6 will definitely achieve the same success as he did in his previous life.

After all, as long as Baymax is made cute enough, the movie is already half successful.

Moreover, "Big Hero 6" is a work with weaker [Disney elements] among the new-era Disney movies.

As we all know, there are only two types of movies in this world that will sing and dance at the drop of a hat.

One is an Indian movie, and the other is Disney's own movie.

The latter originally only appeared in the animation field, but when Disney began to remake a large number of fairy tale movies in live-action 3D, it was no longer limited to animated movies.

Compared to other animated films that sing from beginning to end, "Big Hero 6" has much less singing and dancing.

In Nanaya's opinion, "Big Hero 6" may be the Disney animated film that least resembles a Disney animation.

In fact, Washimine bought many subsidiaries of Fox, but not many of them received special attention like Blue Sky Studios.

Washimine simply looked down on the streaming platform that Fox forced to launch in order to counter [See Moon].

Once the copyrights are integrated and the film and television works on the platform are launched on [See Moon], Washimine will directly disband the entire platform.

It can be said that Washimine's acquisition this time is very targeted. Although the Fox Group is huge, Washimine only wants the parts he wants.

The part that can produce film and television works like Blue Sky Studios and Fox Searchlight;

There is also Fox's huge IP copyright library;

As well as traditional media channels such as newspapers and television stations that Washimine had previously lacked.

As for those other cumbersome industries, they will either be disbanded like Fox's streaming platform, or the parts they need will be stripped off and sold.

Shion had done something similar once when she first entered the entertainment industry.

At that time, in order to enter the entertainment industry as quickly as possible, Shion directly bought a large number of small European and American related companies.

After the integration through the big project "Goblins Slayer", the excess assets were sold to Dentsu of Japan.

Because of a favor, Dentsu took the initiative to support Washimine in the Japanese entertainment industry.

This time, Shion was just using the same old trick again.

The part of the industry that Fox doesn't want will be sold by Washimine Entertainment to some film and television entertainment companies in China to win their favor.

In 2010, China's economy was developing at its fastest pace.

But China's market is not yet fully developed.

Therefore, at this time, the top companies in various industries in China encountered development bottlenecks while completing a certain amount of capital accumulation.

Under such circumstances, if an enterprise wants to continue to develop, it must either accumulate slowly and cause qualitative changes through quantitative changes.

Or they can expand their company directly through acquisitions.

Due to the rapid development speed, Chinese companies generally prefer the latter approach.

So when Washimine expressed his intention to sell some of Fox's assets, many Chinese companies showed interest.

Sell the things you don't want at a high price, and then let the buyer say thank you sincerely.

Shion has become quite adept at using someone else's talent to pay tribute to someone else.

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