Top of the Great Era

Chapter 1827

On November 11th, the New York court formally made a judgment, affirming that Taifeng Capital, the controlling party of EMI, had breached the contract and failed to pay Citibank interest on schedule.

According to the contract agreement, Citigroup has the right to fulfill the debt-to-equity swap agreement, and will get 100% of EMI's equity!
It was finally settled.

In Zhou Buqi's business map, he has finally gained a firm foothold in the music industry. This is the fourth largest record company in the world after Warner Records, Universal Music, and Sony Records.

Ziwei Star Universal, which came forward, acquired EMI Records at a total price of 25.5 billion pounds by means of equity conversion.

It doesn't make sense for Citigroup to take back the cash. It has to invest after getting the cash. It's better to invest directly in Ziweixing Global.In other words, Citigroup first converted debt into equity and won EMI from Terra Firma Capital.Then carry out a stock-to-bond conversion, transfer EMI Records to Ziwei Star Global, Citigroup becomes the creditor of Ziwei Star Global, continues to hold the bond, and continues to enjoy the 7.6% interest rate.

Ziweixing Global assumed a debt of 25.5 billion pounds and won EMI Records.

In order to handle this matter well, Zhou Buqi specially flew to London to complete the transaction.

Because this transaction is too complicated, the various commissions and handling fees are also scary, reaching 1.3 million pounds.This money needs to be paid in cash, which is nothing to Ziwei Star Global today.

Under the leadership of Boss Zhou, Ziwei Star is thriving all over the world. It has blossomed in both film and film fields, and will soon show its talents in the music market.

Movies and music are inseparable.

A lot of classic music is actually from the soundtrack or theme song of the movie.

Including variety shows.

For example, the copyright of "The Voice", which has been popular all over the world since this year, belongs to Jieyu Media, so it can be traded internally.Exclusively authorize the copyright of songs sung by all the singers in this program to EMI.

This program can be considered to have promoted some excellent singers. In order to listen to their songs, fans want to order them online.In the European and American markets, you can't listen to music casually, you have to spend money to do it.

Not only to spend money, but also to go to an exclusive platform with copyright.

EMI can exclusively license this part of the content to Spotify, which can further promote the popularity of this product among young people.

Now, the three Silicon Valley giants, Apple, Microsoft, and Amazon, have all announced their entry into the streaming music market, and Spotify is under considerable pressure to survive.

Being backed by Ziwei Star is enough for them to survive.

On December 12st, Zhou Buqi returned to China, but he still returned to Shanghai.

The next morning, go to work as usual.

After Liu Qing went to the company, she was surprised to find that the door of the chairman's office was open. After walking over, she knocked on the open door and asked in surprise, "When did you come back?"

Zhou Buqi was looking at the distant Huangpu River from the window, and looked back, "Oh, I came back yesterday."

"Why did you come here again?"

"Can't you? Are you afraid that I will supervise you?"

"No, it's been almost half a month, and you've been here all along."

Liu Qing finds it very strange that the International Department of Shanghai Magic City ranks third at most in Ziwei Star's organizational structure.The first is the headquarters park in the capital, the second is the headquarters park in Pengcheng, and the third is the turn of Shanghai.

It's normal for Boss Zhou to come here occasionally, but he actually sits here continuously.

Zhou Buqi came to the sofa and sat down, beckoning to her again, "I have some housework to deal with, so I can't leave."

"Your home is in Shanghai?"

Liu Qing looked puzzled and didn't quite believe it.Even within the company, not many people know that the big boss is married, and the married partner is the "big devil" Shi Jinglin who was feared in the company before.

Zhou Buqi sighed, "Every family has scriptures that are hard to recite."

Liu Qing blinked, "It's been more than half a month, and you can't handle it well?"

Zhou Buqi said helplessly: "It will be good if we can handle it well this year."

Liu Qing said, "Do you want me to help?"

"Uh... It seems that you can't help with this kind of thing. Forget it, let's not talk about it." Zhou Buqi waved her hand and asked her to sit down opposite, "I read your latest investment project analysis form, why is there still Internet project? Jumeiyoupin?”

Liu Qing stared at him with wide eyes.

Zhou Buqi was a little puzzled, "What's wrong?"

Liu Qing said: "They said it was what you meant."

"What?" Zhou Buqi was amused, "When did I say that?"

Liu Qing pointed upwards, "It's a message from the headquarters, kindly reminding me. It is said that the big boss mentioned Jumei Youpin several times in high-level meetings, and he should be very interested in this company. It just so happens that they are launching A round of financing, it is recommended that I follow up."

Zhou Buqi frowned, "Who is it?"

Liu Qing glanced at him, "I can't tell you that."

Zhou Buqi said: "Stop playing with this kind of bureaucracy! If I think I should invest in Jumei Youpin, then I'll just say it straight. Did I hint at it in such a roundabout way? Who did it? Could it be Meng Houkun? asshole?"

Liu Qing hesitated for a moment, but decided to tell the truth, "It's Boss He."

"It's him..."

Zhou Buqi fell silent, shook his head, and couldn't say anything more.

With the development of Ziweixing, the talent structure is also facing an update.When we first started our business, Ziweixing’s organizational structure was relatively chaotic and the management system had not yet been established, so we recruited He Yang from Lenovo and asked him to build the internal structure of Ziweixing.

At that time, he was Ziweixing's second-in-command, second only to Zhou Buqi.

In the process of Ziweixing's growth, it has made great contributions.

However, as Ziweixing became more and more professional, He Yang's status gradually began to decline, and the supervisor's business became smaller and smaller.

In fact, it is too old, people in their forties, it is difficult enough to change jobs from the traditional IT industry to the Internet industry.Next, we will face the transformation to the mobile Internet, and the generation gap between the thinking system and young people will become wider and wider.

No one wants to lose power and wants to be re-elected for the rest of his life. This is human nature.Boss He is also showing his existence value in some ways.

Unfortunately, this direction is completely wrong.

Seeing his silence, Liu Qing asked, "Are you still voting for Jumei Youpin?"

"Of course I won't vote. How can there be any reason to invest in copycats?"

Zhou Buqi narrowed his eyes, feeling a little annoyed.

This Jumei Youpin, originally called Tuanmei.com, was a member of the "Thousand Regiments War" and successfully fought out in the bloody wind, which can be regarded as having some good results.

The reason why they were able to fight it out was completely plagiarizing the group buying on campus.

Back then, after Shi Jinglin became the president of Xiaonei.com, she focused on group buying on campus, and started a group buying route for cosmetics, bringing authentic high-quality skin care products and cosmetics suitable for the skin of young college students to college students.

The business exploded instantly.

To this day, it is also the sector with the largest group buying sales on campus, and even developed a purchasing agent industry.Because outsiders, including graduates, can no longer use the group buying service on campus, they can no longer buy cosmetics here.Therefore, many people ask their relatives and friends for help, contact college students at school, and ask them to help them buy.

There is a gap in demand here, and as long as you have a keen eye, you can catch it decisively.That is, Xiaonei only occupies the university campus market where cosmetics are group-buying, while the off-campus market still has a great demand!
Then, Jumei Youpin saw this direction and rushed out in one fell swoop.

Their model is almost exactly the same as the school group buying, even the page design is very similar, that is, they launch more than a dozen types of cosmetics in each issue, and conduct group buying for the whole society.

It's a copycat version of school group buying.

Then it really succeeded, and now the monthly sales have exceeded 3000 million yuan.

Logically speaking, this is a pretty good investment project.

But they succeeded by relying on pirated school group buying, and then Ziweixing went to invest in them, how can there be such a reason?There is also a more important point, that is, the business overlaps, and we cannot capitalize on the enemy.

Zhou Buqi said: "Have you followed Fantuan.com?"

"Yes, what's the matter?"

"I asked Wang Xing to be the chairman and CEO in the past."

"Ah?" Liu Qing was surprised by this, "Really?"

Zhou Buqi said: "Well, it's decided, Zhang Yinlei has been persuaded."

Liu Qing expressed disbelief, "Will he agree?"

"Is there anything you disagree with?" Zhou Buqi smiled, "In the past few years, Fantuan.com has been doing food delivery business in the campus market, and now it has basically taken shape. If you want to have greater ambitions, you have to ask outside the school Market development. I think Wang Xing is a good candidate. He can start with group buying, establish relationships with merchants, and build an offline local push team.”

Liu Qing understood what he meant, "Then continue to make takeout?"

Zhou Buqi said: "Yes, smartphones will be popularized soon, and the positioning function of smartphones will greatly solve the positioning problem in the current food delivery process. In fact, it is relatively easy to deliver food on campus, but it is too complicated for off-campus society. Yes, there is no positioning function, and the requirements for the delivery staff are too high, but the implementation is too poor."

Liu Qing's analyst said: "Do group buying first, build a team, build a system, and then wait for the development of the mobile Internet and the popularization of smart phones, then do food delivery business in society?"

Zhou Buqi said: "Yes, that's the way of thinking. The group buying model is actually not very promising. The thousand group war looks lively, and it's all rabble. It's still e-commerce in essence. This field is ultimately dominated by Taobao and JD.com. The food delivery business in the campus market is the future of Fantuan.”

"This is a brand new market. If you want to educate the market, you will spend a lot of money."

In addition to being in charge of the business of Ziwei Star's international department, Liu Qing is also in charge of Ziwei Star's investment business. She has been paying attention to the group buying war, which is very expensive.

"Yes, at least 100 billion."

"100 million..."

Liu Qing twitched the corners of her mouth.

Zhou Buqi nodded, "So in the future, you must control your investment and set aside enough money for your own business like JD.com and Fantuan."

(End of this chapter)