Chapter 989 Official Bankruptcy(1/2)
When Yang Ming and Liu Xinsheng walked into the villa, the door was closed. It took more than three hours for the door to slowly open.
The two middle-aged men, with complex expressions full of relief and loss, were bid farewell to Yang Ming and Li Xingyi, and quickly boarded a car and left quickly.
Seeing the car leaving, Li Xingyi breathed a sigh of relief, then smiled and said to Yang Ming: "I didn't expect that your film company would grow so fast, and one day it would acquire China Film Group."
After saying this, Li Xingyi felt very sad. He grew up watching countless classic movies from China Film Group.
But he never imagined that one day, the copyrights of these classic movies would be acquired by his nephew.
Thinking of this, he looked at Yang Ming with eyes filled with wonder and admiration. The second sister had this son, which was truly the greatest happiness in her life.
So capable.
"Uncle, I did not acquire the China Film Group, but the copyright library. Please don't make a mistake!" Yang Ming said with a slightly excited expression.
It was really not easy to acquire the copyright library of China Film Group this time. During the three-hour negotiation, we were on the verge of breaking down several times. When the two parties finally signed the agreement, if it hadn't been for two generations, we would have been able to acquire it.
The experience made him even want to roar.
He knew that if the final acquisition agreement could not be reached tonight, then it would be extremely difficult to acquire the copyright library of China Film Group until tomorrow when it officially enters the bankruptcy application process.
Perhaps Oriental DreamWorks will then acquire the copyright library at a smaller price, but it may also be intercepted by other giants.
Why didn't any film giant or fund company rush to acquire the high-quality assets of China Film Group before it formally applied for bankruptcy protection? Because everyone knows that once China Film Group officially enters bankruptcy proceedings, they will be able to
Obtain the high-quality assets of China Film Group at a lower price.
It was precisely because of this fear that the two middle-aged men did not completely break up with Yang Ming in the end.
2.8 billion Chinese yuan.
Compared with the 3.5 billion yuan acquisition budget planned by Yang Ming, it cost a total of 700 million yuan less. This acquisition was simply worth it.
"Now you are acquiring the copyright library of China Film Group and building two more buildings. Do you have enough funds?" Wucuo Novel Network did not skip the words.
When Yang Ming and Li Xingyi turned around and returned to the living room, Li Xingyi asked with concern.
Hearing his uncle's question, Yang Ming looked at Liu Xinsheng, who was still sorting out the contract documents with two professional lawyers in the living room, pointed to the documents on the table and said: "With these, I think there should be no problem with the loan. Besides, whether it is
America or China, I haven’t sold my shares in Maoyan Movies and Time Network yet!”
When Li Xingyi heard Yang Ming mention Maoyan Movies and Time Network, he immediately became interested.
In the past few days, he had seen news reports about his genius nephew's investment returns in newspapers and media, and he was simply praised to the sea.
Two Internet companies were established with millions spent two years ago. Even if hundreds of millions of funds were invested in these two years, all the investment was recouped through only one sale of 15% of the shares, and they also made a small profit.
The most important thing is that the remaining shares in Yang Ming's hands are completely pure profits.
With an investment return of several billion dollars, even the most famous manager investors have to admire this genius' investment vision.
No wonder he has a net worth of tens of billions in just a few years.
"Do you really want to sell these shares? How about selling them to me?" Li Xingyi asked passionately.
Yang Ming gave Li Xingyi a roll of his eyes when he heard this and said: "Uncle, it is impossible to sell the shares of these two companies to you, or it is absolutely impossible to sell them to capital forces outside the film industry, and this is not the best investment.
Way."
Maoyan Movies may be able to earn a lot of profits by taking a commission from box office sales as the number of users continues to increase. However, Mtime.com really does not have a strong hematopoietic function. At most, it can only subsidize it through advertising announcements by various movie companies.
operating costs.
I also learned that these two companies are not looked down upon by those big-name venture capital companies, but the film industry will not ignore the influence these two companies bring to the film industry.
Outsiders like Li Xingyi are absolutely not allowed to control the shares of these two companies.
Under Yang Ming's explanation, Li Xingyi also understood the significance of these two companies to various film companies in the film industry, and they were indeed not his cup of tea.
"Oh, by the way, are you planning to make a 3D movie this year? Amc is waiting for the rice to cook!" Li Xingyi looked at Yang Ming and asked.
When the Amc Cinemas was acquired through Redwood Fund operations last year, Li Xingyi also joined in, occupying 30% of the shares, while Yang Ming occupied 40% of the shares, and the other 30% of the shares were scattered among some previous shareholders who were unwilling to sell.
, but when Yang Ming saw that he and his uncle held 70% of the shares in total and had absolute decision-making power, he stopped continuing the acquisition.
After all, when it first entered the American film market, it used aggressive acquisitions to forcibly acquire Amc, the second largest theater chain in the United States, and delisted it for privatization. This will definitely not leave a good impression on the American people.
Therefore, after repeated consideration, Yang Ming did not continue the forced acquisition.
Last year, the 3D version of "Transformers" created a whirlwind of 3D movie viewing around the world, and Amc Cinemas, which has already started to renovate its theaters in advance, will naturally make a lot of money. If there are several more movies as big as "Transformers"
With the movies they sell, the cost of renovating their theaters will probably be almost enough to cover their costs.
But this is the second thing. The key is that the stock price of Amc Theaters has gone up across the board. When "Transformers" was released, the stock price rose by at least 20%.
Although the stock price fell back after the screening of "Transformers", the increase still exceeded 12%.
In other words, after Yang Ming and Li Xingyi invested more than 20 million yuan to complete the acquisition, the value has appreciated by at least more than 200 million yuan. This made Li Xingyi smile and feel lucky that he had decided to invest with his nephew.
However, there are still too few 3D movies in the current movie market. Although the stock of Amc Cinemas remains stable, if there are no 3D movies released for a long time, it will inevitably have a certain impact on the stock price.
Yang Ming knew what his uncle was concerned about, so he shook his head and said, "There are no plans to make 3D movies this year."
Hearing Yang Ming's words, Li Xingyi looked stunned, but before he could react, Yang Ming continued: "I don't have it here, but Babo does, and he has probably started making preparations. Haha, don't worry.
, those guys in Hollywood will never give up this piece of fat, I guess some film companies have already started shooting 3D movies, just wait and make a lot of money."
At the end of the sentence, Yang Ming couldn't help laughing when he saw Li Xingyi's expression.
My brother-in-law is so cute.
How could those Hollywood giants not be tempted when they saw the huge profits made by the 3D version of "Transformers"?
Moreover, when new technologies were promoted, ticket prices tripled. How could those businessmen not be attracted by such huge profits?
It's a pity that he really has no plans for 3D movies this year, but if he can still keep up with the energy after "The End of the World", he won't mind filming "The Fast and the Furious".
After all, Geely Automobile’s Director Li is looking forward to his racing movie.
By then this "Fast and Furious" can be made into a 3D version.
The dazzling driving skills, gorgeous drifting, and fiery fighting can all be made into a 3D version, which will continue to attract the attention of the audience.
"Yang Ming, the documents are all sorted."
This is it, Liu Xinsheng came over and said to Yang Ming with an extremely excited expression.
Yang Ming nodded when he heard this, and then said to Li Xingyi: "Uncle, let's say goodbye first, and we'll talk later."
Li Xingyi knew that his nephew had just successfully acquired the copyright library of China Film Group, and there would definitely be a lot of things to deal with, so he did not keep the other party around and sent Yang Ming and Liu Xinsheng away together.
Seeing his nephew's car plunged into darkness, Li Xingyi's face showed a look of waiting for a good show. He didn't know that after dawn tomorrow morning, when Huaying Group officially entered the bankruptcy protection process, those people would find that the most valuable assets were missing.
What kind of expression will it look like after adding the copyright library?
The show is about to begin.
The next day, when it was just dawn, many media reporters had already gathered at the entrance of China Film Group.
China Film Group officially entered the bankruptcy filing process today, which has become front-page news reported by countless media. Several reporters can’t wait to witness this ‘great’ moment.
The local film giant, which has a history of nearly a century and has produced countless classic movies, has actually fallen into bankruptcy. For this reason, Yanjing TV Station also conducted a live broadcast.
Although it has entered bankruptcy protection procedures, some administrative staff of China Film Group still come to work as scheduled, waiting for the final verdict.
When the time reached 9 o'clock, government officials, court personnel, tax officials, etc. came to Huaying Group and began to formally hand over various procedures with Huaying Group.
Countless people saw this scene through TV sets, and many people showed complicated expressions.
That was the source of happiness that accompanied their growth. I didn't expect that they would be so depressed today.
But some people are sad and some are happy.
China Brothers Media.
Shangguantian looked at the pictures on the TV with a playful look on his face, and his eyes showed the excitement of hunting.
Colleagues are enemies.
It is also a giant in China's local film industry and has a long history. However, since Shangguantian took charge, China Brothers Media has regained its vitality, turned losses into profits, and consolidated China Brothers Media's position in the Chinese film industry.
He did not let his family's business end in his own hands.
The predecessor of Huaxia Brothers Media was Brothers Films, but in recent years, with Shangguantian's diversified development strategy, the name was changed to Brothers Media, which shows the huge ambitions in his heart.
Baoli Group.
Wen Jingtao held the tea cup, slowly sipping the tea, and looked at the scene on the TV without any strange expression.
As both a giant, he has no sympathy for the China Film Group that has fallen into this situation. It is entirely the fault of the other party.
Looking at the thin and haggard face on the TV, he couldn't help but think of the fact that the president of China Film Group came to him some time ago and wanted Baoli Group to acquire China Film Group out of consideration for the fact that they were all members of China Film Company.
Make movies, instead of going bankrupt and being slaughtered like pigs and sheep.
To be honest, at that moment, Wen Jingtao was really moved.
The merger of the two giants into one is simply a supreme honor for the domestic film industry. At least in the past 30 years, there has not been such a successful acquisition by a film company with such a glorious history.
However, after a short period of thinking, Wen Jingtao gave up the idea.
What Huaying Group has, Polaroid also has; what Huaying Group doesn’t have, Polaroid also has; we can mention the copyright library of Huaying Group and some of its valuable celebrity agency contracts, other so-called fixed assets and some owned assets.
shares are nothing in his eyes.
To be continued...