Chapter 315: Subsequent Impact of the Acquisition
Just a few days after Liu Zhou took over Summit Entertainment, news about the change of ownership of Summit Entertainment spread in Hollywood.
Although Summit Entertainment may not be worth mentioning in the entire United States, it still has considerable fame in Hollywood.
Although many small and medium-sized film companies have been acquired or gone bankrupt due to the financial crisis, it has not yet affected second-tier film companies with distribution capabilities.
Summit Entertainment is the first second-tier film company to be acquired so far.
So the sudden acquisition of Summit Entertainment is actually not that sudden. There have been rumors that Summit Entertainment might change owners, but there has been no definite news for several months, which made everyone think it was groundless.
But now that Summit Entertainment has really been acquired, it still surprised everyone in Hollywood.
When everyone learned that the person who acquired Summit Entertainment this time was Liu Zhou, the director of "Source Code" and "Edge of Tomorrow" and who recently acquired the Golden State Warriors, they were shocked.
This is the first time that a Chinese person has controlled a Hollywood film company, and it is a film company with considerable strength and popularity.
What is even more incredible to them is that this Chinese man did not suddenly appear in Hollywood, but had achieved certain achievements in Hollywood as a director.
When Liu Zhou acquired the Golden State Warriors, it shocked them once.
At that time, no one expected that Liu Zhou was just like other Chinese who came to Hollywood to make a living, but he turned out to be a wealthy Chinese man.
Now Liu Zhou has made another move, spending another 200 million US dollars to acquire Summit Entertainment.
Although Liu Zhou is a Chinese, no one dares to look down on him now, which has greatly improved Liu Zhou's status in Hollywood.
The Hollywood Big Seven, who originally had no feelings about the acquisition of Summit Entertainment, couldn't help but look on in awe after learning that it was Liu Zhou who acquired it.
The Big Seven in Hollywood can no longer treat Liu Zhou as just a director. If they want to cooperate with him in the future, they must regard him as a true partner.
In the past, no matter how rich Liu Zhou was, he had to follow the rules of Hollywood, and they would not look at Liu Zhou any differently.
But now Liu Zhou is not only rich, but also powerful in Hollywood. The combination of the two means that even the Big Seven in Hollywood will have to treat him with caution.
In addition, some people who had friendship with Liu Zhou expressed their congratulations to Liu Zhou.
Even Lionsgate's president, Gustave, called personally to congratulate him, and seemed not to care at all that Anthony Edwards resigned from Lionsgate to work for Liu Zhou.
Finally, it was stated that Lionsgate and Summit Entertainment are both second-tier film companies under the Big Seven, and they have a good foundation for cooperation and can collaborate more in the future.
Liu Zhou did not refuse this, and the two companies could only develop better through close cooperation.
Now Lionsgate has been suppressed by the Big Seven in Hollywood. After "Twilight" and "The Hunger Games" become big sellers, Summit Entertainment, which owns two major series, will definitely enter the Big Seven's vision.
Needless to say, it will attract their attention at that time. If Liu Zhou refuses to agree to be acquired and sold to them, then suppression will surely come as expected.
If they team up with Lionsgate, both companies will have a much better time.
In addition to the industry, many media also reported extensively that Liu Zhou spent $200 million to acquire Summit Entertainment.
When Summit Entertainment first changed hands, only some Hollywood media reported it.
But with Liu Zhou's exposure, the news also attracted the attention of other major media.
Liu Zhou was still somewhat famous in Hollywood at this time, especially through the acquisition of the Golden State Warriors, which made many people know that Liu Zhou was not only a director, but also a wealthy man.
In fact, Summit Entertainment's popularity cannot be compared with that of the Golden State Warriors, but the reason why this acquisition still attracted attention is mainly because we are in a special period now.
During the financial crisis, the most common news people heard was that a few more people jumped off buildings and a few more companies went bankrupt.
However, Liu Zhou successively acquired the Golden State Warriors and Summit Entertainment, spending as much as four or five hundred million US dollars.
Of course, there were other mergers and acquisitions during this period, but who makes Liu Zhou more famous and a Chinese?
This makes Liu and Zhou's lavish spending even more eye-catching and more interesting to the American media.
What Liu Zhou didn't expect from these media reports was that there was actually an unexpected surprise.
That is, the trading volume of Sina stock, which was originally half-dead, actually began to increase, and the stock price also began to rise slowly.
Sina also became the first company among the three major portals to see its stock price rebound.
Liu Zhou's two acquisitions in the United States, which made people feel that he was rich and powerful, were in fact an invisible endorsement for Sina.
The news of the acquisition of Summit Entertainment not only spread in the United States, but also crossed the Pacific Ocean and reached the mainland, causing quite a stir.
However, compared to the spontaneous media reports in the United States, in mainland China, it was the Golden Harvest Group that took the initiative to announce and secretly promoted the spread of this news.
Since it is preparing to go public, it certainly cannot miss any opportunity to enhance the valuation and visibility of Golden Harvest Group.
Nowadays, for people in the mainland film and television circles, including some movie fans, Hollywood holds a very high status in their hearts.
Hollywood movies are always considered to be very good, and directors and actors in the industry always want to enter Hollywood, and even brag about having a minor role in a Hollywood movie. But now, Liu Zhou has directly acquired a Hollywood film company, entered the upper reaches of Hollywood, and can directly set up projects to shoot Hollywood movies.
Therefore, the sensation caused by Golden Harvest's acquisition of Summit Entertainment within the industry was much greater than that caused by the outside world.
Han Shanping of China Film Group was keeping a close eye on the box office of "The Martian" while looking forward to Liu Zhou's return to discuss his second science fiction film.
But I didn't expect Liu Zhou to cause such a big trouble in the United States.
However, after being shocked, Han Shanping smiled. This is also a good thing for Chinese films, as it provides them with another channel to go global.
As for people like the Wang brothers, Zhang Weiping and Wang Changtian of Guangxian, they could only remain silent after being shocked.
Originally everyone was trying hard to catch up with Golden Harvest, but unexpectedly the gap seemed to be getting bigger and bigger.
Now he is not only playing in the mainland, but has also become a player in Hollywood.
It’s difficult for them to even get out, so how can we chase them?
There's no way to catch up!
If Golden Harvest's acquisition of a Hollywood film company makes the bosses of film and television companies in the industry feel helpless, then it is a fatal attraction for the actors in the circle.
Especially for those popular celebrities and artists, the attraction is even greater.
For example, after Zhang Ziyi learned that Golden Harvest had acquired Summit Entertainment, she even flew to Hollywood in person to find Liu Zhou and congratulate him.
Compared to others, she is more aware of Summit Entertainment's strength in Hollywood.
For Zhang Ziyi, who has been wasting nearly two years in Hollywood without getting any good resources, establishing a good relationship with Liu Zhou will undoubtedly be more helpful to her career in Hollywood.
In fact, not only Zhang Ziyi, but also Gong Li, Yang Ziqiong, Jackie Chan and Jet Li also expressed their congratulations to Liu Zhou.
But they were not as proactive as Zhang Ziyi, who rushed directly to Hollywood, but instead contacted them through phone calls.
In addition to Zhang Ziyi, Zhou Gongzi, who is as famous as her in mainland China, was also attracted.
In the past, she expressed her desire to join Golden Harvest, but in fact, it was more to stimulate Huayi.
But now that Golden Harvest has acquired a Hollywood film company, it has opened a direct channel into Hollywood. Who wouldn’t be tempted?
In the past, she didn’t express her longing for Hollywood like Zhang Ziyi, but that doesn’t mean she didn’t want to, it’s just that she didn’t have the opportunity.
Now that we have this opportunity, who wouldn’t want to try their luck in Hollywood?
What's more, since joining Huayi, Huayi has not provided me with much help.
On the contrary, it was Golden Harvest that became extremely famous with the movie "Painted Skin".
And now, she has been given the role of the heroine in another movie. I heard that "The Sound of Wind" is also a key project of Golden Harvest next year, and the role of Gu Xiaomeng is also very outstanding.
So Mr. Zhou now had the idea of leaving Huayi and joining Golden Harvest.
In addition, Golden Harvest also attracted a popular young actress, or to be more precise, attracted the mother of this popular young actress.
That’s right, it’s Liu Yifei.
Liu Yifei's life is not easy now.
Just like in history, Liu Yifei's mother stood up Huayi after "The Forbidden Kingdom" and even announced in a high-profile manner that Liu Yifei had signed a contract with CAA and was preparing to enter Hollywood.
This made the Wang brothers so angry that they were about to explode.
Everyone in the circle knows that the reason why Huayi chose Liu Yifei as the heroine of "The Forbidden Kingdom" was to sign Liu Yifei to Huayi.
What you are doing now is simply making fun of the Wang brothers, and slapping them in the face in public.
After such humiliation, the Wang brothers would certainly not let it go.
Not only did people spread rumors in the circle that Liu Yifei would be banned, but all kinds of negative information about Liu Yifei began to fly around.
The rumors about her having a threesome with Chen Jinfei, being a transgender, etc. were all very detailed.
Now that Chen Jinfei and his backers have fallen, the Wang brothers have no scruples in blackmailing them.
At first, Liu Yifei's mother didn't care much. After all, she felt that her daughter's future career focus would be in Hollywood.
But then she discovered that although Liu Yifei starred in "The Forbidden Kingdom" and signed with the famous Hollywood agency CAA, it did not mean that Liu Yifei could gain a foothold in Hollywood.
Not to mention gaining a foothold, there aren't even any decent resources.
This finally made Liu Yifei's mother a little panicked. She had no chance in Hollywood, and she had severely offended Huayi in the mainland.
Moreover, Liu Yifei's mother later discovered that other companies were not willing to offend Huayi because of Liu Yifei, which made her feel even more desperate.
She finally regretted it at this moment.
Just when she didn't know what to do, the news that Golden Harvest acquired Summit Entertainment suddenly came out, which made her eyes light up.
(End of this chapter)