Although AOL intends to acquire and Xiatian agrees to its bid, it still needs to go through a certain procedure if the transaction really wants to be completed.

For example, discussing a payment method of $100 billion. Originally, AOL wanted to acquire it in the form of cash and stocks. However, in summer, I knew that AOL's stock was not valuable at all, and it would depreciate significantly in a year.

So he refused this payment method and asked to use American Online to pay in cash. Although American Online's market value now exceeds 160 billion US dollars, in fact, there is far less cash.

Its annual revenue is only US$7.2 billion, and its annual profit is only US$1.2 billion. Its market value of US$160 billion is actually a bubble. Therefore, it is not easy to get it to get US$100 billion in summer.

However, in the end, the United States Online, which is eager to expand, cooperated with major investment banks in the United States, and used the leveraged acquisition of bond issuance to collect 100 billion US dollars and handed over to Xiatian.

However, when all the money was handed over to Xia Tian, ​​it was already mid-200. There was no way to raise 100 billion US dollars, anyone would have a headache for a while.

In addition, in the acquisition contract, Xiatian also clearly requires that if the United States Online intends to sell Tianxia Productions in the future, Xiatian will have the right to purchase first.

American Online thought it was a summer that he couldn't bear to leave the entertainment company he started himself, so he dreamed that he would buy it back one day.

Such incidents are not uncommon in the entrepreneurial world, because many entrepreneurs do regard their own companies as important, just like their children. Although they sell the company to others for various reasons, they do hope to buy it back one day, so they happily agreed to the request of summer.

At the end of December 199, Xia Tiantian officially resold Tianxia Products to American Online.

The assets include the film library produced by Tianxia, ​​Miramax's film library, Orian's film library, Universal Pictures' film library, Universal Records, Universal Studios, cable TV channels, Universal TV Group, Ring Theater, a small number of theater shares, Marvel Group, etc.

After taking over these assets, Xia Tian’s only assets in Hollywood were Columbia Pictures, Tianxia Animation and Tianxia Brokerage. As for Columbia TV, Turner Broadcasting Corporation, Rainbow Media Holdings, Hannah Barbara Animation Company, Sinclair Media, etc., they are industries under the name of Xiaomei Xia Xue.

Despite this, Xia Tian is still one of the Hollywood Pictures giants because he has Columbia Pictures in his hands, and no one can underestimate him.

In fact, after selling Tianxia Productions, Xia Tian had more energy to control Columbia Pictures. Previously, after acquiring Universal Pictures in full and creating Tianxia Productions, because he had his own industry, he was not very concerned about Columbia Pictures's operation.

After all, at Columbia Pictures, he only accounts for 54% of his shares. In other words, half of the money he earns is distributed to others. However, the money he earns in Tianxia Production belongs to him 100%. As long as he is not stupid, he knows who he should love.

Now that Tianxia Production has been sold, Xia Tian is preparing to return to Columbia Pictures.

Compared with the popularity of world production in recent years, Columbia Pictures has been a bit bleak in recent years.

Although Longmeyer is also talented, it is still much worse than summer with gold fingers.

In recent years, although Columbia Pictures has occasionally had highlights, it still makes less money and loses more money. The profitability is not optimistic. It mainly relies on TV shows and film libraries to make profits. This is actually the current operating status of most Hollywood film companies.

Investing in filming in Hollywood is a big risk, and less than half of the movies that can make a profit when they are released. Most of the remaining movies rely on the distribution of videotapes, TV copyrights, peripheral products, etc. to recover costs.

Compared to making movies, the revenue of TV programs is much more stable. If a program is successfully ordered by the TV station, the production company will make a small payment.

Especially Columbia Pictures' TV shows, including Friends, Archives, Prison Storm, Seinfeld, Crime Scene Investigation, Beach Rangers, Emergency Room Stories, Far and Order, Millionaire, etc.

These TV shows are popular programs today, and are basically the top ten works with weekly ratings, especially the ratings of a episode of Friends reaching more than 20 million people, making them the veritable king of ratings.

The actors' pay for each episode alone has reached 800,000 US dollars, not to mention how much money Columbia Pictures has made as a producer.

However, it can also be seen that Columbia Pictures is now mainly supported by the "legacy" of summer. Langmeier did not make much achievements during the period when she left in the summer.

Of course, being able to keep Columbia Pictures and not letting it collapse is considered to be a lack of credit and hard work. But Xia Tian was still not very satisfied with him.

Not only because of his lack of talent, but more importantly, he was very dissatisfied with Longmeyer's intention to usurp power.

In fact, although he has neglected to take care of Columbia Pictures in the past few years, if Longmeyer asks him for advice, he will never be able to keep people from thousands of miles away.

However, Langmeier always felt that Xia Tian was here and could not show his ability, so he wanted Xia Tian to stay away from the company so that he could show his strength.

So he has been alienated from Xia Tian for many years, but he is doing well, and Xia Tian has no suitable replacement for a while, so he doesn't care about him.

But now, since Summer has sold Tianxia Productions, then there is naturally time to return to Columbia Pictures, so Langmeyer is naturally time to step down.

Summer is preparing to let Jerry Brookheimer, general manager of Tianxia Production, take over Langmeyer's position.

Jerry Brookheimer has been the general manager of Tianxia Production in recent years. He has done a very good job and is very obedient. Xia Tian admires him very much and is ready to let him take over Columbia Pictures.

However, when Summer extended an olive branch to Brookheimer, he refused.

"Mr. Xia, I think it's better for me to stay in the world to make it." Brookheimer waved his hand and said.

"Do you want to stay and do things for the United States online?" Xia Tian was stunned and asked in surprise. He originally thought that he had a friendship with Brookheimer, and Brookheimer should stay with him.

"Yes, Mr. Xia, the United States has agreed to give me full delegation of power." Brookheimer nodded, "Mr. Xia, although I have achieved a lot of achievements for you and you have helped me a lot, to be honest, most of the achievements I have achieved are attributed to you!
Chapter completed!