It is not as tall as this building, not as beautiful as this building, and not as spacious as this building.

But for the price of one Woolworth Building, you can buy four of them.

The buildings in Manhattan are so out of reach in the United States.

Abel turned to look at Robert next to him, "What do you think? How about this being the headquarters of MGM Entertainment on the West Coast from now on?"

Of course Robert thinks so.

This is the intersection of Highland Street and Sunset Boulevard.

Except for the traffic jam.

It can be said that this is the core of the Hollywood area.

It's very close to anywhere in Hollywood from here.

Having its own headquarters building here is also a symbol of strength in Hollywood.

Not many Hollywood giants can afford a US$400 million headquarters building.

It's just that MGM has been spending money so far and hasn't made much money.

This made the responsible Robert feel increasingly stressed.

Robert said tactfully: "Actually, MGM can still take a squeeze now."

"Then this is it." Abel directly ignored Robert and said to Bertram Hall, the general manager of New Starting Point Real Estate:

"Go bargain with Taubman Properties."

"Understood." Bertram Hall replied immediately.

Abel patted Robert on the shoulder, "I know that MGM only has more than 500 million US dollars left in its account. There are still so many filming tasks. Therefore, I will use the name of New Starting Point Real Estate for this headquarters building.

Buy it."

"After you buy it, then rent it to MGM, and the rent will be based on the annual local tax."

For Abel, buying this building is also an investment in the hot real estate industry in the United States.

I bought it and kept it here for a few years, before the U.S. real estate bubble burst.

It can appreciate at least twice in value. Even if you don't sell it, it will only become more valuable if you keep it in your hands.

So it doesn’t hurt no matter how you look at it.

Letting MGM use it as its headquarters is just a matter of convenience.

But in Robert's opinion, this is a sign that the boss is wealthy and has great trust in himself and MGM.

Robert was a little frightened, worried that he and MGM would let down Abel's increasingly exaggerated investment.

After setting the tone.

Bertram Hall was busy contacting the Taubman Real Estate Group.

Abel and Robert Iger returned to the original MGM headquarters.

In the chairman's office on the top floor, Abel called David Geffen, one of the original DreamWorks giants, and Robert, the president of the entertainment company.

David Geffen, the richest gay man, is now the head of DreamWorks Music, a subsidiary of MGM.

Since Abel acquired DreamWorks, DreamWorks Music has been under the capital injection of Abel and the management of David Geffen.

In a few months, it successively annexed many American music companies and music labels.

Among them are small companies such as the less famous Arista Records in New York and Porta Records in Los Angeles.

There are also medium-sized record companies with influence in the industry such as Chandos Records, Round Mountain Music, Concord Music Publishing, and Hipgnosis.

In two or three months, David Geffen spent more than $200 million of Abel's funds.

In a short period of time, DreamWorks Music, which was originally unknown, became one of the small giants in the American recording industry.

Before DreamWorks Music came into being, there was a so-called three big and one small group in the American recording industry.

The so-called three big and one small refers to the three major music giants Universal Music Group, Sony Music Entertainment, and Warner Music Group.

The three eldest brothers have been dominant for many years, with numerous large-scale records under their banners, and music publishing is also doing well. Among the three, Universal has the largest market share, and is the well-deserved eldest brother.

The small finger refers to BMG, a small giant in the industry. BMG is an old record label. It had great success in the last century, and then merged and split with Sony Music to focus on publishing again.

After quickly annexing many medium-sized records and more than a dozen small record companies.

The current scale of DreamWorks Music is slightly stronger than BMG.

In terms of the strength and reputation of the label and the accumulation of singers, it is still not as good as BMG, and certainly not as good as the three giants.

Based on Abel's daily practice, he wanted to directly acquire one of the three major companies.

But looking at the names of the Big Three, you know that this is difficult to do.

He then settled for the next best thing and asked David Geffen, a super music businessman, to help him get a DreamWorks Music release.

".From my personal perspective."

In the sofa seating area in the office, David Geffen said to Abel and Robert:

"It no longer makes sense for DreamWorks Music to acquire small and medium-sized record companies. Unless we can annex BMG, other small and medium-sized labels will already be of little help to DreamWorks Music."

Robert also agrees with David Geffen.

"I think so too. BOSS, in the field of music, what we need more now are big-name singers who are pillars." Robert said.

"Our biggest singer at the moment is Shakira Isabel Maybarak Ripoll. She was a singer we bought along the way when we acquired Yuanshan Music. But there is unfortunate news, her contract is only

Half a year left." David Geffen also said.

"Wait a moment."

Abel suddenly raised his hand and said, "David, what is the name of the singer with a long name you just mentioned?"

"Shakira Isabelle Maybarak Ripoll." David Geffen said:

"The name is indeed very long. Fans usually call her Shakira. She is a Latina singer. Her record sales in the United States are average, but in Spanish-speaking areas, her record sales are better than Britney's in the United States."

At the same time, David Geffen also explained the current signing status of DreamWorks Music’s leading singer.

Shakira debuted very early. She is 23 years old this year and released her first album when she was thirteen years old.

In 1998, she terminated her contract with Sony Music and became a signed artist with Yuanshan Music.

The contract period is three years and will expire at the end of this year.

David Geffen believes that it is necessary to increase the compensation and keep the singer in DreamWorks Music.

Her sales in Latin America, especially in Spanish-speaking areas, are really good.

In Latin America, the young Shakira has already shown her super diva temperament.

Latin American fans are crazy about this Latino singer.

Hear these words from David Geffen.

Abel was sure that this Shakira was the Shakira in his impression.

"Then what's there to hesitate about? We are just such a famous singer, why don't we keep her and wait for her to fall into the arms of the enemy?"

Abel said directly: "David, you can decide what to do."

David Geffen nodded.

Robert agrees.

After thinking about it, Abel asked a singer he cared about.

"By the way, David." Abel asked David Geffen, "The young singer named Avril I asked you to find last time, what is her potential and quality like?"

Speaking of which, David Geffen thinks he can suck up to his boss a little.

"Avril Lavigne." David Geffen said:

"A young prospect with a petite body but strong explosive power. He also has unparalleled talent in music creation. I have to say, Abel, you have discovered a future superstar for DreamWorks Music."

Abel thought to himself, that is Avril Lavigne.

One of the dream singers of young people in China in their 80s and 90s.

Even in the United States, during the years when her creative talents were most active, she was a regular on the Grammy and sales charts.

Before Taylor Swift appeared, as a European and American singer, her influence was unique in Asia.

"That's good." Abel smiled and said:

"Take good care of her. I hope she can make a lot of money for DreamWorks Music one day."

The three of them discussed DreamWorks Music again.

Finally, to sum up, DreamWorks Music wants to break the monopoly situation of three large companies and one small company, and currently there is no shortage of labels.

What is lacking is new albums that are more popular and influential. The main thing is a famous singer who can hold large-scale concerts, preferably a superstar.

Shakira can be a superstar in Latin America and Spain.
To be continued...