So what are the libraries of the value of film now?
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- Posted by Solomon Kane at 10:37 AM UTC
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But not when you realize that Viacom March 2006 agreed to sell the library to Soros for $ 900 million and maintained a 49%. The acquisition was completed on 08 February but not disclosed until today Viacom chief operating officer Tom Dooley in an earnings report. So an agreement was established by the Viacom Soros Soros would, after 5 years, ‘ put ‘the library back to Viacom for basically the deficit. However, at one point Disney Miramax valued the collection at $ 2 billion. UPDATE: Viacom purchased $ 400 million in net debt and repurchased the majority 51% stake in the film library of DreamWorks SKG by billionaire investor George Soros in order to regain the rights to 59 titles, including movies such as Gladiator and Saving Private Ryan. Wow, that sounds like Viacom ridiculous excess. In addition, it was not voluntary: I heard that Soros had a “job” to Viacom in the established price of $ 400 million. Blame the falling sales of DVD film libraries values falling so fastMoreover, it is tiny cinema 14 movie Overture’s library for the taking. “All this was part of the farce under the original agreement,” as a source for my snark. “The Library of DW, but dish filled with pictures of weight, it was not worth anywhere near $ 950 million. And Warner Bros and the Russian billionaire Len Blavatnik and others are trying to buy the 4100-film library of MGM, once valued at $ 2 billion and are now thought to be offered for $ 1.6 million to U.S. $ 1 , 7 billion. “This sale is the collection occurs after the news recently revealed that Disney wants to sell the Miramax name and film library 700 to a maximum of $ 700 million – and at least 10 buyers are lining up.
