this……

After all, the people who were watching the fun were just watching the fun. With the announcement of one news, the stock prices of Bell Atlantic and MCA made the most direct response, because the agreement between the two parties had basically reached. In the following days, the stock price of Bell Atlantic, which had a sharp drop in market trading volume, only rose by 8%, while MCA's stock price fell by 11%, falling from a high of $69 to $61.

In terms of MCA, some people don’t care or even secretly enjoy it. Daenerys Entertainment will give up this acquisition directly.

But many shareholders who want to cash out at a high level are unwilling to do so.

Some shareholders have even threatened that if Daenerys Entertainment easily abandons the acquisition, they will launch a class action lawsuit.

The three major Hollywood unions that sharpen their knives are also a little confused. How could they hit a Bell Atlantic acquisition case?

When many people hadn't reacted, ABC TV suddenly began to play an advertisement. This was an advertisement for investment in the film and television industry released by the Australian government. The 1 minute and 30-second advertisement fully demonstrated the beautiful scenery of Australia's cities, grasslands, deserts, snow mountains, jungles and other places. It also introduced various preferential policies for overseas film manufacturers in Australia.

Just like a double act, Daenerys Entertainment immediately announced that it had signed 6 film production memorandums worth a total of US$300 million with the Australian Victoria Government, and the Victorian Government will provide Daenerys Entertainment with a unified 20% tax refund plan.

In exchange, all of the six films will be produced in Australia in the next three years, including the later stages of the film, and more than 70% of the crew will be hired from Australia. Therefore, this plan will directly or indirectly bring tens of thousands of jobs to Victoria.

Moreover, the two sides jointly declare that there will be more in-depth and extensive cooperation in the future.

The most fundamental meaning of the existence of major Hollywood guilds is to ensure a series of work rights and interests of its members.

Daenerys Entertainment's direct transfer of film production overseas is equivalent to another draining of the firewood.

Even if you don’t have any work, how can you talk about protecting your work rights?

After the Australian film promotional commercial and the $300 million memo, news came out that Daenerys Entertainment CEO Amy Pascal and the company's TV business CEO Robert Iger personally rushed to Toronto, Canada to inspect and contact the local government after the Thanksgiving holiday, and planned to build another film and television production base in Toronto, mainly for the production of TV programs.

After years of patient management, Daenerys Entertainment has long been a TV content provider that cannot be underestimated. If hundreds of millions of dollars in TV production investment are transferred overseas every year, the local American entertainment industry will obviously lose a large number of job opportunities.
Chapter completed!