Chapter 244

In fact, they all underestimated Li Feng. Li Feng's company has now acquired several Hollywood companies specializing in distribution. After integration, the distribution network in North America has basically been completed. Of course, overseas can not be completed in a short time.

As for the film company, it is too simple to set up a film company. However, Li Feng's career is expanding rapidly and has no time for the time being. If the acquisition of marvel is successful and the film department is directly independent, it will be a third rate film production company in Hollywood.

As for television stations, Barry Diller had acquired many small television stations in the United States before, and now it covers most parts of the United States through integration.

Unfortunately, today's TV stations are operating at a loss. After all, it is not so easy to grab customers from several major TV networks covering the United States. Li Feng has no good way for the time being.

At this time, Li Feng is a little like the protagonists of the rebirth novels he saw in his previous life. Those protagonists dominate Hollywood. The scripts of films and TV dramas are written one by one, which makes Li Feng feel speechless now.

To tell you the truth, Li Feng didn't see much in his previous life, whether it was American dramas or Hollywood blockbusters. At most, he saw a little of the films sweeping the world, but he watched them once. If you want to write a movie script, Li Feng's psychological sense can only be "ha ha".

……

Of course, Li Feng also has a stupid way, that is to engage in copyright in advance. Li Feng mentioned some novels and film and television copyright before, and asked Barry Diller to buy it back as much as possible. Barry said he received a lot. When Li Feng's film company comes out, he can make film and television dramas at that time.

Sometimes Li Feng feels that the rise time is too short and there are too many things to do. Up to now, there is not even a Hollywood film production company.

After that, it was natural for Li Feng to introduce. Here, Li Feng met two people other than the accident. One was an old man standing between Sharon Stone and Elizabeth holly. Unexpectedly, he was a famous legendary gambler of the generation - cork colklein.

Similarly, another person who surprised Li Feng was Dominic dervipan, the former Secretary General of Chirac's presidential palace. Li Feng also met and talked in the main hall.

It turned out that although he is now the Secretary General of the presidential palace, there is a huge hole in France. The government is trying to remedy it. It is credit Lyon, an old French state-owned bank.

This can only blame Li Feng for his ignorance. Well, I haven't heard of this bank. As I said before, an ordinary person who cares about a bank in another country.

……

People who study the financial industry may know that credit Lyon, France, suffered huge losses and even went bankrupt in the 1990s, which once caused a sensation in the whole European financial circle.

In the 1980s, the French government formulated a series of development measures for finance, such as hoping to realize the cross industry and cross-border expansion of financial groups through financing and new financial instruments, so as to form a financial consortium that ranks among the top in the world.

For example, credit Lyonnais, France's second-largest bank, will be expanded into the first bank in Europe. It can also be seen from here that this is quite the posture of China's "great leap forward" at the beginning.

As a state-owned bank, credit Lyon naturally became the pioneer of expansion. In the 10 years from 84 to 93, the bank's overseas assets expanded from 7 billion francs to 400 billion francs, realizing the goal set by the government.

Catch up with Deutsche Bank, the first bank in Europe, and become a world-class financial consortium with the largest bank in Europe and the ninth largest bank in the world.

Naturally, blind expansion led to serious consequences. In 1994, there was a huge crisis in banks, and 100 billion bad debts appeared in overseas assets, that is to say, 100 billion was lost.

The French government had to come out to fill the hole. It allocated 4.9 billion in 1994 and 23 billion in 1995. It is said that another 45 billion will be allocated to help banks tide over the difficulties.

Today, as Secretary General of the presidential palace, Dominic dervipan has become the leader of the government representative. After all, the problems of banks have become the heart of today's French President Jacques Chirac.

……

"Mr. Li, I heard that your media group is acquiring marvel. Are you interested in film companies?" Dominic smiled at Li Feng and asked.

"Film company? Sorry, Mr. Secretary General, I'm not interested in French film companies. " Li Feng thought he was talking about European and French film companies, so he refused without thinking about it.

"Mr. Li, you may have misunderstood. I'm talking about MGM film company."

Sure enough, hearing the words of the Secretary General of the presidential palace, the whole circle stopped chatting and turned to pay attention to their dialogue. After all, MGM is involved. As people in the entertainment circle present, they naturally pay attention to it.

In particular, the gambler cork is the most. It turns out that the gambler came to France from MGM. If Li Feng stepped in, there might be additional trouble at that time.

"Hollywood MGM, the lion?" Li Feng was also surprised to hear what he said, and then confirmed.

"Yes, it's the Hollywood MGM film company. Now I'm carrying out a business, that is, the MGM auction."

"Auction?"

Li Feng asked in surprise again. Li Feng is really not clear, a little surprised. After all, how could a Hollywood film and television giant be auctioned by the French.

"It's really an auction. As for the process, you see our gambler Mr. Wang understands it best." The Secretary General confirmed and said to the gambling king cork next to him.

……

When it comes to the gambling king, Li Feng was surprised. I'm afraid it's not so simple.

It turned out that in 1990, the gambling king cork sold MGM, a Hollywood giant, to an Italian consortium headed by giancardo paretti for $1.3 billion. However, Mr. paretti went to credit Lyon at that time.

At that time, MGM was already facing a huge debt crisis, with a debt of more than $500 million. Naturally, who is the old and hot gambler? His heart is black and cruel. Naturally, the buyer is responsible for the debt. He took $1.3 billion and is very stable.

Unexpectedly, in 1992, the police found that the so-called group headed by paretti was a group of swindlers. Nature bank directly accepted MGM and sued paretti for financial fraud.

In fact, the Bank of Lyon is going to lose money on this deal. After all, MGM has been tossed around by the gambling king. It has become the end of several major Hollywood film companies, even on the verge of bankruptcy, and is still heavily in debt.

No, now the government is trying its best to fill the bad debts of the bank. Naturally, MGM wants to get rid of such bad debts, so it is ready to auction MGM to recover a sum of money.

As the saying goes, a skinny camel is bigger than a horse. MGM is worth some money anyway.

According to the original history, in 1996, gambling king cork bought MGM again at the 90 year selling price of $1.3 billion.

……

Well, the Bank of Lyon had to bear MGM's debt of more than $1 billion, and the gambling king came and transferred MGM's debt of more than $1 billion. After all, the gambling king's repurchase is not to help people repay their debt, and the debt is naturally borne by the bank.

As for why the remaining debt is not 500 million in the early stage, but more than 1 billion now, it has been slowly accumulated in recent years. After all, since 1990, in the face of high debt, the money earned every year is not enough to repay the debt. As a result, more and more debts are accumulated, and now they are in debt of more than 1 billion.

In the original history, the gambling king cork actually made $500 million, which shows his wisdom, and credit Lyon lost more than $1 billion.