Chapter 247 Capital giants set foot in the entertainment industry, and Tianhai is divided up(2/2)
Having said that, to put it bluntly, the industry now regards Xintiandi Entertainment as a sow that gives birth to piglets. The piglets are bought as soon as they are born.
Although Li Gang and others were angry, there was nothing they could do.
But Li Gang and others all held their breath. So when Taiyuan Mining contacted them and offered a high price of 500 million to acquire their company and the entire team, Li Gang and others were moved and agreed without hesitation.
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They want to see how the giant companies in the industry will suppress them once Xintiandi Entertainment joins Taiyuan Mining! Do they really think that Taiyuan Mining, a capital giant in China's top 500, is a vegetarian?
What Taiyuan Mining is interested in is Xintiandi's composition team and the invisible resources it has in the composition industry.
Like Honjuku Entertainment, they acquired Xintiandi Entertainment and let Li Gang and others take control of the composition department. Then, the composition department of the Modu Conservatory of Music has become their back garden. Even many resources of the Modu Conservatory of Music can be used by them.
I have to say that the top 500 companies in China are the top 500 companies, and the team behind the scenes is amazing. This wave of acquisitions is ruthless, precise and accurate.
Shengfeng Entertainment, Honjuku Entertainment, and Xintiandi Entertainment can only be regarded as second-rate companies individually, and their lameness is very serious, but when combined, they cannot be underestimated. The film and television department, planning department, and composition department...are definitely all in the industry.
First class standard.
But it's not enough!
Since Taiyuan Mining wants to get involved in the entertainment industry, how can they be willing to just be a first-class entertainment company? Their goal is giants. So they signed Wang Yinhua, the fourth top songwriter, and several gold medal songwriters at a high price.
It's a pity that there are not many entertainment companies in the industry worth acquiring. The three second-rate companies, Shengfeng Entertainment, Honjuku Entertainment, and Xintiandi Entertainment, are actually relatively special existences. They are strong in certain aspects. Other second-rate companies, Taiyuan Mining, simply look down on them.
The kind that is dismissive.
Naturally, a first-class entertainment company is still worth acquiring. Taiyuan Mining is drooling when looking at the copyright library and artist department of a first-class entertainment company. Unfortunately, they are unwilling to separate the copyright library and artist department and sell them. And they already have a film and television department.
The planning department and the composition department are not willing to acquire a first-class entertainment company as a whole. That would cause duplication and waste of resources.
Another thing is, I don’t know if they are willing to sell. Even if they are willing to sell, the asking price will be very high. First-class entertainment companies are very profitable. Making hundreds of millions a year is definitely not a problem. If you want to acquire an entertainment company as a whole, you must at least
Spending more than 5 billion is not worth it.
Taiyuan Mining is rich, but money does not come from strong winds. Every expenditure will be carefully calculated, and good steel will be used on the cutting edge.
Therefore, Taiyuan Mining gave up the idea of directly acquiring a first-class entertainment company.
Anyway, Taiyuan Mining is satisfied with the results of this operation. The film and television department, planning department, and composition department are already in place, but the only thing missing is the copyright library and artist department.
The copyright library can be gradually enriched in the future. Some of the artists in the artist department can be cultivated by themselves, and some can be poached from the industry.
Taiyuan Mining thought so, but at this moment, by chance, they learned that Tianhai Entertainment could not hold on anymore and wanted to find someone to take over. At that moment, the eyes of Taiyuan Mining’s staff team brightened: This is not just because of drowsiness.
Does anyone send pillows?
Taiyuan Mining's staff team immediately contacted the person in charge of Tianhai Entertainment to discuss the acquisition. Previously, during "The King of Masked Singer", Tianhai's musicians talked about the giant company that planned to take over Tianhai, which was Taiyuan Mining.
However, Taiyuan Mining is unwilling to completely take over Tianhai because Tianhai is too big. After all, Tianhai once was glorious. At its peak, it almost threatened the existence of several giants such as Dao Huayi. Although it has declined now, the skinny camel is bigger than a horse.
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To completely take over Tianhai, it would cost at least 5 billion. This is because Tianhai is eager to find someone to take over, otherwise it would cost at least 6 billion.
What Taiyuan Mining wanted most was Tianhai's copyright library, artist department, and the capable backbones of the composition department, planning department, and film and television department, so it negotiated with Tianhai to split them up and sell them.
Tianhai Entertainment naturally hopes that someone can take over Tianhai completely, but it also knows that it is a bit unrealistic. Moreover, Tianhai's boss needs money now, so when Taiyuan Mining proposed to break it up and sell it, Tianhai Entertainment was willing to negotiate.
The two sides negotiated for a month before finally reaching an agreement.
At a price of 3.5 billion, Taiyuan Mining packaged away Tianhai Entertainment's copyright library, artists above the third tier in the artist department, composers above the ace in the composition department, first-tier musicians, the backbone of the planning team, big-name directors, and screenwriters.
Now, the new company Taiyuan Mining is planning to establish, the composition department, film and television department, and planning department are all at the level of giants. The only thing that is inferior is the artist department. Tianhai Entertainment has many third-tier and above artists, and there are more than ten second-tier and above artists.
, but there are not many first-line singers.
What the media broke was the news that Tianhai Entertainment was negotiating acquisitions with Taiyuan Mining Co., Ltd. The news was conclusive, and multiple sets of photos of the contacts between the two parties were released.
In the face of a large number of facts, Tianhai did not deny it. Anyway, the acquisition has been completed. After selling the copyright library, artist department, etc. to Taiyuan Mining, other things also need to be taken over by someone.
So Tianhai officially announced the news of the sale and listed the items available for sale. Anyone who is interested can come to discuss. It must be said that Tianhai Entertainment has done a good job in keeping confidentiality. Only then did the industry know that Tianhai Support
Can't stand it any longer.
The industry is shocked!
The entertainment industry was shocked!
Of course, what shocked the industry was not that Tianhai couldn't bear to find someone to take over the business, but that although the things Tianhai listed for sale were valuable, those important things such as the copyright library, artists, composers, etc. were gone.
You don’t need to think about it to know that Taiyuan Mining must have bought it.
Taiyuan Mining's intention to get involved in the entertainment industry is already obvious. Unlike Tianhai Entertainment, Taiyuan Mining is one of the top 500 companies in China, and it is one of the top 500 companies.
If such a capital giant enters the entertainment industry, the entertainment industry will definitely be reshuffled. The industry cannot help but be shaken.
The industry doesn’t believe that Taiyuan Mining’s only action is to acquire the copyright library of Tianhai Entertainment. It is really just to acquire the copyright library of Tianhai Entertainment. Why doesn’t Taiyuan Mining package Tianhai Entertainment as a whole?
Don't say that Taiyuan Mining cannot afford the entire Tianhai.
Sure enough, Taiyuan Mining soon announced a big news: "Breaking news! Taiyuan Mining has spent 8 billion to acquire most of the resources of Shengfeng Entertainment, Honjuku Entertainment, Xintiandi Entertainment and Tianhai Entertainment Copyright Department.
A subsidiary company in the entertainment sector will be established. The new company will be called Guangguang Media, and its headquarters will be located in Daxia, Yanjing Dynasty. It will be unveiled on the day when the dragon raises its head."
As soon as the news came out, the industry was shocked!
The entertainment industry was shocked!
Many people were dumbfounded, and countless people took a breath!
Chapter completed!