Chapter 616 Purchase of Cinema Shares

After playing happily for half a month and visiting several of the most famous scenic spots in the world, the two returned to their manor house in Los Angeles.

At this point, Hollywood's major companies have gone through the most difficult stage, although the stock market is still falling, but the decline is far less than before.

It can be said that the eight major Hollywood film companies suffered heavy losses. Among them, 21st Century Fox was the worst, plummeting from $130 billion to $53 billion.

The Magic Special Effects Company was not much better. In just one month, the stock market dropped by more than 50%, from $45 per share to $22.

Countless small and medium-sized special effects companies and special effects studios in Hollywood have all gone bankrupt and closed down, which is a lot cheaper for Xiao Yunhai.

From the outbreak of the economic crisis to the present, Magic Special Effects Company has added more than 600 new employees. Most of them are the technical backbone of the bankrupt special effect company, and one signing is for five years, which makes Magic Magic both technically and talented. In terms of reserves, it has become a real world number one.

Xiao Yunhai came here this time, in addition to dealing with some magic special effects companies, the more important thing is to buy the cinema shares of major companies.

Before leaving, he asked Daniel to pay close attention to the theater chains of major film companies, and notify him immediately once the court pronounced the verdict.

The reason why Xiao Yunhai and Zhao Wanqing hurriedly returned to Los Angeles was because Daniel called Xiao Yunhai to tell Xiao Yunhai that yesterday the court had ruled that the eight major film companies had violated the American Antitrust Law and that they would need to sell their cinema shares within three months. You can only keep up to 30% of yourself.

Xiao Yunhai coveted American theaters, and naturally he would not miss this opportunity.

His greatest strengths are two.

One is that he has nearly 20 billion in cash. According to the exchange rate of 1:1.3 between the US dollar and the Chinese currency,

It's enough for Xiao Yunhai to cover all of North America's theaters.

The second is that he has no interest in controlling rights, as long as he can ensure that his and Hanhai's movies can be shown. This one is the key to his confidence in winning the theater.

Although the court ruled that the eight major film companies should sell theaters, it did not say who they would sell to. If Xiao Yunhai used MGM's approach to other companies, he believed that there would be no problem buying it, and he didn't even need a premium.

However, what he is most worried about now is that the outside world will definitely swarm after hearing the news. Therefore, Xiao Yunhai needs to get ahead of them and act immediately.

He already owns 21 percent of MGM, 5 percent of Paramount and 10 percent of Universal, covering 43 states in the United States.

After some serious consideration, the two targeted Warner and Disney.

Because their two companies can allow Xiao Yunhai to cover the theaters in the remaining states of the United States and most of the North American countries.

In this way, Xiao Yunhai's theater layout in North America can be completely completed.

In order to achieve this goal, Xiao Yunhai and Zhao Wanqing came to New York and met Michael Eisner, who owns 42% of Warner Bros. Cinemas.

Michael received them in the office and said, "Mr. Xiao, Ms. Zhao, do you know how many calls I have received to buy Warner Cinemas in just two days? Haha, there are 18 companies, and they sent someone to come over in person. There are nine of them, and the highest price is even double the market price. Hehe, it seems that the theater chain is indeed very attractive.”

Under the influence of the financial turmoil, the stocks of Warner Bros. Cinemas plummeted from 52 billion to 28 billion. If Michael didn't lie, it means that someone raised the price to 56 billion, which is much higher than the previous 52 billion.

From this, it can be seen that the other party has indeed invested in the blood.

Zhao Wanqing asked calmly, "Why didn't you sell it at such a good price?"

Michael chuckled and said, "It's up for sale, I hope I can wait for a better buyer. Seeing the two, I think I've waited."

Zhao Wanqing shook her head and said, "You may be disappointed, we won't spend so much money."

Michael said: "What I want is not money, but a controlling stake in the theater. Hollywood has no secrets. I have heard about the agreement you signed with MGM. You want to show your movies without restriction. , and I need a controlling stake, so like MGM, we are the perfect partner. But you need to buy 24 percent in one go.”

Zhao Wanqing asked inexplicably, "I heard that you only have forty-two percent in your hands."

Michael said: "After the financial crisis, I bought the shares of the other two shareholders, and now I have a total of 54% in my hands."

Zhao Wanqing said: "Then how much do you need to sell your shares?"

Michael said: "Five percent premium."

Zhao Wanqing shook her head and said, "Impossible. Mr. Michael, you must know that although we bought the shares, we can help you continue to control the entire Warner Cinemas, so that you will not have any worries, this is already a big deal. It's cheap. Your 50 percent premium is so unfair to us."

Michael said: "Ms. Zhao, don't forget, with Warner Cinemas, your movies can be shown at will."

Zhao Wanqing said with a smile: "It's not easy for us to make movies suitable for America. It would be great to show ten films a year. Mr. Michael, I hope you can show us our sincerity."

Michael said: "Ms. Zhao, this is already the lowest price they have offered me."

Zhao Wanqing said: "But these people will pose a very big threat to your holdings, and we won't. That's the most important thing, isn't it?"

In this way, the two of you went back and forth, and after a lot of verbal battles, an agreement was finally reached.

Xiao Yunhai purchased a 24% stake in Warner Cinemas for $9 billion, showing a maximum of 20 films a year, with a choice of schedules, and the number of films in the first three days should not be less than 40%. At the same time, he unconditionally supported Michael as chairman of the board of directors and took charge of the entire Warner Cinemas.

According to the current exchange rate, 9 billion US dollars is 11.7 billion Chinese coins. Only one Warner has spent most of Xiao Yunhai's funds. Now he only has 6.2 billion left, and there is also a Disney Cinema.

Disney's theater chain ranks fifth among the eight major theater chains, mainly in other countries in North America, with a market value of 18 billion US dollars.

The negotiation between the two parties went very smoothly, and the conditions were similar. Xiao Yunhai finally bought 16% of the shares with 5.3 billion Huaxia coins.

At this point, Xiao Yunhai's layout in major theaters in North America has been completed, and he has less than one billion left in his hands.

However, the money has to be handed over to "The Legend of the Condor Heroes" at least 400 million, and the remaining 500 million is just enough for him to shoot "Inception".

After all, the male and female protagonists are Xiao Yunhai and Zhao Wanqing, and the magic special effects are also their own. The two major items do not need to spend a penny. In this way, 300 million is almost the same.

After the movie theater was settled, the two had just returned to their home in Yanjing, and before they could take a drink, Xiao Yunhai received a call from his uncle Chen Zhan.

"Yunhai, let me ask you, is "Love Apartment 2" all finished?"

Xiao Yunhai smiled and said, "That's right. Half a month ago, the film was reviewed by the Film and Television Bureau. However, at that time, the financial turmoil was too severe, so I didn't hand the film over to you."

Chen Zhan nodded and said, "It's alright now. Many advertisers have become active, and I'll send someone over to talk to you."

Xiao Yunhai said: "Uncle, then tell me first, how much advertising share Anhui TV station is going to give me? I watched this drama, it's very funny, it's not worse than the first one."

Chen Zhandao: "You need to discuss the issue of advertising division with Deputy Director Lu Zejun. After all, we are relatives, so I need to avoid suspicion. By the way, hurry up and plan a variety show for me that can make our Anhui TV station famous."

Xiao Yunhai smiled bitterly and said, "Uncle, do you think variety shows are so well planned?"

Chen Zhan said sarcastically: "I don't care, you can do it for me within a week. Yunhai, just beg you, the ratings of Anhui TV station are too low. Anyway, you have to help uncle. "

Xiao Yunhai asked: "Then why don't you move "Run, Brother" and "The Voice of China" directly to Anhui TV? You know, the copyrights for them are still in my hands."

Chen Zhandao: "I'm sorry, after all, Mango Terrace is the place where I have worked for 20 years. I really can't do it by digging its corners."

Xiao Yunhai smiled and said, "What's the matter? The reason why I was willing to pay only 65% ​​of the advertising revenue to Mango Channel was because Director Ou Dadai promised to push you to the position of Director. Now things are going wrong, we The agreement has also been cancelled. If Mango TV does not give me more than 75% of the advertising revenue, I will definitely not sell it.”

Chen Zhandao: "Seventy-five percent of the advertising revenue, it is difficult for Mango Channel to agree."

Xiao Yunhai shrugged and said, "Then I can only be embarrassed."

Chen Zhandao: "Anyway, you can give me a show first."

Xiao Yunhai said: "Okay, I'll write it now."

The author Yi Ye Fengliu said: This month's grades are very poor, the subscription is not good, and there are not many flowers, but I still want to thank my friends for their strong support. From today onwards, the 8,000 words will remain the same every day, and if there are more than ten flowers or more than 1,888 rewards, there will be more words ranging from 2,000 to 10,000 words. Love to death, please kill me with flowers and rewards.

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