Chapter 1036： AMC

"AMC's theater chain is managed by an AMC Entertainment Holding Company. In 1920, the original intention of several theater owners to join forces was to unify the screening, control the screen more effectively, and avoid internal friction. After 1987 and 1998, two times Reorganized, AMC is now a very mature theater chain group, which controls 346 theaters and a total of 5,028 screens, including 120 IMAX screens and 2,170 3D screens, ranking second in the world. Line Group is also the world's largest operating company that embraces multi-screen halls and new projection technologies...

From 2000 to 2006, AMC's revenue and financial reports were quite impressive. In the past few years, their income has been in a growth period, and they are also favored by many investment companies on Wall Street. If it is not for their shareholders and management, they are unwilling to make a public offering. , being hyped by brokerages, they have been able to ring the bell on the Nasdaq for a long time. "

After Joseph knew that Lyman was interested in AMC, he immediately asked caa to collect a lot of information.

For ordinary people, these things are of course classified information that is difficult to access, but for people at their level, getting detailed internal information is nothing more than a little favor.

The work continues.

"And from 2006 to 2008, the overall expansion of the movie market led many cinema groups to expand their screen share and eliminate some outdated audio-visual equipment, but no one expected that the sudden subprime mortgage crisis caused the outbreak. The tightening of US banking business and the uncharacteristic retreat of the film market in the second half of 2009 caused AMC to encounter some funding problems.

At the end of 2009, the second shareholder of AMC chose to leave, and other shareholders joined hands to eat the vacated shares. However, according to the management, although this method ensures the stability of the board of directors, there is no excess liquidity for the company. Renovation and upgrading of the remaining theaters, and it is easy to be opened up by other theater brands - if the audio-visual equipment cannot keep up with the trend and is abandoned by movie fans, it is undoubtedly a loss for AMC.

So they have been planning to bring in several partners recently to solve the problem of funding. One or more of them doesn't matter. The key is the cash that is enough to survive.

In March of this year, Gerry Lopez, CEO and operating officer of AMC Group, revealed that in the past two years, the operation of AMC theaters has declined year-on-year, mainly because the money earned was quickly filled into renovation work and Repayment of debts to banks.

In June, their internal financial report data showed that in the first half of this year, AMC had lost 82.7 million US dollars. In addition to the fact that debt repayment accounted for a relatively high proportion of theater profits, the biggest reason was that the number of Hollywood high-box office movies fell month-on-month. It is too obvious that AMC Cinemas would have to spend a lot of money to show films (including fixed costs such as rent, water, electricity, personnel, etc., which cannot be reduced), and as a result, the film market is still in a recession, so the situation is getting worse. It's like falling into a quagmire, the more you lose, the more you have to struggle. "

After reading the email information and the accompanying analysis, Lehmann carefully studied it several times before closing the mailbox.

Although it can be clearly concluded from a lot of information that AMC's own rapid expansion has made its debt ratio too high, and the bank is not easy to speak, which has seriously affected the basic financial situation. There is actually no problem with its own operation strategy. It can be seen that they really want to introduce the gold master, which may be the biggest reliance for Wan D to become the master.

Of course, the reason why it was WanD and nothing else was because the American film market was embarrassed at this time, and because of the existence of the Paramount Act, no matter how good the content of the film company was and the revenue was strong, it could not be directly Intervening in the cinema market, most of them can only exert influence indirectly...

The temperature in the hotel room was pleasant, and Lyman was thinking about what he could better get out of the exchange.

Wan D has money and channels, but lacks content. He has content, but has always lacked a platform that can exert more influence and monetize easily. The schedule resources are always second-class. If there is a strong aid to change, it must be good thing.

This year's downturn in the movie market has led many people to take a pessimistic attitude towards theater companies. In Lehmann's view, it is undoubtedly only temporary, and perhaps the same is true for the small target boss. Otherwise, he would not have played an ant swallowing elephant under this industry background-for the WanD Cinemas at this time, a cinema group that can rank second in the global film industry with a number of cinemas must be high. out too much.

After all, if AMC is not in continuous loss and the operating condition is very poor, WanD's parent company will not be able to find such a good opportunity to enter no matter how much cash it has. Future results will prove that WanD's winning AMC can be called a lot of money. carving.

Therefore, Lehmann thought carefully and knew that this is also beneficial to Mann Media's control of content. At least, in the future, Hollywood will no longer be fighting against Japanese capital and other British and American capital, and will also usher in another share. It should not be underestimated, and if it is done well, it will at least be a force close to him.

He even said that, in order for these Chinese investors to move steadily in Hollywood, don’t pay too much tuition fees – Huayi, Bona, and later Penguin and Ali have all suffered losses in Hollywood, but they just absorbed the sky-high price of Sony’s acquisition of Columbia. After the loss case, was not mistreated so badly. At most, like Legendary Pictures, it often spends money to support projects for other production companies.

Having figured this out, Leiman, who was going to take advantage of it, called Andrew, "The president of Wanying who came to you recently, please make a statement to meet him and talk to each other."

The next day, although Andrew didn't know what the boss was going to do, he quickly contacted Li Yaoguang after receiving Laiman's instructions.

On the other end of the phone, Li Yaoguang, who felt that there was a show, was excited. Even if the subordinates on the side reported that they had lost the results of the projects they recently followed up, they didn't care. What was in his mind was how to negotiate the task given to him by the big boss.

Furthermore, "Pacific Rim" is a sure-fire deal no matter how you look at it. If it can really get on line with Mann Media, Wanying Media will be 10,000 times better than the current situation. The production mode cultivates its own relevant talents.

Li Yaoguang himself agrees with a similar quick mode when it comes to taking money for resources and exchanging content for the right to speak. Of course, he originally thought that Mann Media needed something, but they couldn't come up with the right bargaining chip, nor did they know the other party. How did you think - WanD's acquisition of AMC was actually quite a secret, and it wasn't until the end of 2011 that there was no news, and then in April of the following year, the negotiation was almost over. Finally, after the real restructuring of the shareholding structure, everyone knew that WanD was for this. It's been two years... but now that people are willing to see it, it is natural to prepare well.

It was only an hour after hanging up, Li Yaoguang drove a black Mercedes-Benz to the clubhouse proposed by Andrew.

After that, when Andrew came back to report to the company, Laiman learned that Wan D's party was more active than he thought...

https://

Genius for a second to remember the address of this site: . Zero-point reading mobile version reading website: