Top of the Great Era

Chapter 2120

Zhou Buqi took seven or eight senior executives from Ziwei Star Global, and took the initiative to walk out of the building to meet Boss Wang and his party, giving enough face.

In fact, the two sides are also old acquaintances.

There have been many collaborations.

For example, Ziweixing and Wanda cooperated to set up a farm in their hometown in Northeast China, growing rice, raising ducks, chickens and pigs, and growing vegetables to build greenhouses...

The farmer is Zhou Buqi's father-in-law of the Wu family and Wu Yu's father.

The output is mainly supplied to the capital and provided to the headquarters canteens of Ziwei Star and Wanda.Not only that, Yuanwei mineral water is also the designated drinking water of Wanda Group.

In fact, there is another business, which makes Zhou Buqi feel very sorry.

He once wanted to benefit his hometown and build a film city similar to Hengdian in his hometown. The main investors were Jieyu Media and Wanda.It turned out to be a mess, and all kinds of messy interests were messed up, so I gave up decisively.This single business caused Wanda to lose 5000 million yuan.

Although Lao Wang was very angry, he said, "It's only 5000 million, it's okay! It's okay!", "Investment, how can there be success?", "We will continue to cooperate when we have opportunities in the future."

But Zhou Buqi felt sorry.

Take this opportunity to return this favor.

Zhou Buqi's warm reception made Boss Wang blushed, he shook hands heavily, and then walked into the company together.First, simply visit and feel the heavy history from the legendary Hollywood film company MGM.

While walking, Zhou Buqi introduced to Mr. Wang like a lecturer, and said with a smile: "The Ziwei Star Global Headquarters is still under construction, not far from here, just a few hundred meters away. This piece of land, all It belongs to MGM. Originally, several of the studios over there were MGM studios. The facilities were aging and they were bulldozed. This building is called the Salberg Building. In the past nearly 100 years, it has always been MGM's administrative headquarters."

Boss Wang pointed to the historical posters and classic stills on the wall, "Are these MGM movies?"

"Yes, look at that..." Zhou Buqi pointed to the biggest poster in front, "That's the most classic, "Gone with the Wind". In fact, it is higher than "Avatar", and it is an immortal classic."

Boss Wang is a film layman, and he basically doesn't watch movies, but he still knows the row of gorgeous posters next to him, "Is this "007"? The "007" series is also yours?"

Zhou Buqi said with a smile: ""007" is a British film, a series of cooperation between MGM and a British film production company. So the directors, actors and so on are mainly British. But MGM has a bigger copyright and full distribution rights."

"The profit should be considerable."

"Not far!"

Zhou Buqi shook his head.

"Ok?"

Boss Wang was a little curious and turned to look at him.

Zhou Buqi spoke Chinese, and the foreigners around him couldn't understand it, so he didn't hesitate, and whispered: "Two years ago, MGM went bankrupt, so I bought it. MGM's The movie was so bad that I stopped most of their projects. After a few years, some of the old people in MGM should be cleaned up, and the new people have a new atmosphere, and then let MGM choose some Film project. Now we will shoot TV dramas first, and film "007" and it will be fine."

"No wonder the administrative headquarters is chosen here."

Boss Wang understood as soon as he heard it.

The headquarters is temporarily located on the side of MGM's headquarters, which can suppress MGM's old forces.

"However," Boss Wang gave him a deep look, "is this efficiency too slow? It's been two years and you still haven't settled a MGM?"

Zhou Buqi said with a smile: "It's almost there, before the listing, we will move."

Boss Wang's eyes lit up, "Is Ziwei Star Global going to be listed?"

Zhou Buqi smiled and said: "Yes, it is expected to be in December. We will move to the new headquarters in September, and then the company will be considered to be under normalized management."

"That's good!" Boss Wang nodded, thought for a while, and said slowly: "In the past few years, AMC Cinemas tried to go public twice, but failed."

Zhou Buqi said: "The performance is not good, right?"

Boss Wang said: "The first time it was returned because the subprime mortgage crisis just broke out and the financing ability of the capital market was too poor; the second listing was last year, and the performance was indeed poor. In 2011, the US box office revenue was 102 billion U.S. dollars, which is 2010% lower than that in 3, and the debt of AMC Theaters is too high, which was rejected by the relevant agencies as it believed that the listing would harm the interests of retail investors.”

Zhou Buqi smiled and said: "That's a good thing! After winning the AMC theater circuit, and then promoting the listing, all the initial investment can be earned back in one wave of operations."

Boss Wang hesitated for a moment, and said in a deep voice, "I'm afraid it's not that easy. If the opportunity is so good, it probably won't fall on my head."

Zhou Buqi laughed out loud.

Boss Wang said with a smile: "You are an expert, you give me advice."

"Go! Go to the office!"

Zhou Buqi pulled him, planning to have a chat with them alone for a while, and then meet with the accompanying executives first, and exchange their understanding of each other's markets.Americans go to understand the current situation of the domestic film market, while Wanda executives first experience and learn about the operating mode of Hollywood.

Boss Wang wants to acquire AMC Cinemas, and he has a very important strategic goal, which is management.

Wanda used to be in the real estate business. When transforming from a real estate business to a cinema chain business, there is one key issue that needs to be overcome, that is, different industries have different management models.

Wanda Cinema was fine when it was small.

But now it has become the largest theater chain in Asia, and it is a multinational theater chain, which is very complicated to manage.Wanda lacks management experience in this area, so it will inevitably encounter a lot of cost waste and inefficiency in management.

AMC theaters are world-class theaters.

With the acquisition of AMC Cinemas, the advanced management experience, as well as mature management models, management tools, and management concepts of AMC Cinemas can be copied to the entire Wanda Cinemas.

When I get to the office, I feel more relaxed.

Zhou Buqi asked Ning Lu to make tea, asked Yang Mi to help, and said with a smile, "Do you know Yang Mi? He has acted in many TV dramas."

"Oh, you're an actor, right?" Boss Wang didn't know why, so he still politely said with a smile, "Hello! Hello!"

Zhou Buqi half-truthfully explained: "I cooperated with her to set up a luxury e-commerce company called Farfetch. The parent company is from the UK. We just came from the UK and visited Farfetch's headquarters. She heard that Wanda intends to acquire AMC Cinemas, and she is also quite interested, so she came to study."

"Oh, good! Good!" Boss Wang was still a little confused. He didn't know what Comrade Zhou meant, so he could only follow suit and ask, "Does Miss Yang still make movies?"

Yang Mi pursed her lips, "It's filming, Mr. Wang."

Boss Wang nodded, "Wanda Films also has a lot of film and television projects, including movies and TV shows. If Ms. Yang is interested, you can come... There is no problem with the heroine. I can decide with a word."

Yang Mi was very happy, "Thank you, Mr. Wang."

Zhou Buqi laughed and said, "Her acting skills can't make a movie."

Boss Wang almost understood, and said with a smile: "It's okay, TV dramas are also available! I'll leave you a phone number, and if you need anything, just call me!"

Yang Mi said sweetly: "Thank you, Mr. Wang."

After making tea, we talked about business.

AMC theaters, what a mess.

Boss Wang took out a prepared document and handed it over, "The debt is too high, it's really not easy to deal with."

Zhou Buqi took the materials.

It's actually a piece of A4 paper.

A big boss of this level doesn't need to look at too many trivial data, just list the most critical ones.

Last year, for example, AMC Theaters lost $1.23 million.

For example, the debt ratio is as high as 77.6%.

Among them, the existing assets of AMC theaters are 24.5 billion U.S. dollars, and the liabilities have reached 19.1 billion U.S. dollars.

Such data is not difficult to find.

Last year, AMC Theaters planned to go public, and disclosed a lot of company information, so there is no mystery at all.

Zhou Buqi took a brief look, put the materials on the table, and said with a smile: "It's a bit of a mess, but it's a good thing."

"Good thing?"

"If it's not a mess, can it be your turn?"

"Too."

Boss Wang laughed a few times.

Zhou Buqi said very honestly: "After AMC Theaters failed to go public last year, someone in the company suggested whether to launch an acquisition. I think it is possible. This is a rare opportunity to buy the bottom. But after discussion, I still gave up. the plan."

"Do you have inside information?"

Boss Wang looked serious, thinking that Comrade Xiao Zhou was in Hollywood and had grasped some ulterior secrets inside AMC theaters.

Zhou Buqi laughed and said: "Where is there any inside information? There are two main reasons for giving up. One is supervision. Ziwei Star Global is too big, and the merger of AMC theaters may be suspected of monopoly; the other is supervision. On the one hand, it is due to capital reasons, and the capital market is not optimistic about AMC Cinemas. However, Ziwei Star Global is preparing to go public again, and once it acquires AMC Cinemas, the issue price may be suppressed very low.”

"What about AMC theaters? What do you think?"

This is a question that Boss Wang is most concerned about.

If Zhou Buqi approves, then the plan to acquire AMC theaters will have a very reliable basis.

Zhou Buqi was straightforward, and gave his point of view very clearly: "Very good! You should buy it, and buy it as soon as possible! Taking advantage of the current chaos in AMC theaters, hurry up and buy it! You will definitely make a lot of money!"

"Should I call them all over? They have more detailed materials in their hands."

Boss Wang was a little confused.

Now I can see the style of this super rich man who popped up like a rocket in just a few years.

Is this how he makes his money?

"What material are you looking at?" Zhou Buqi smiled, "Such a big business, how can it be determined by that little material. Just a little bit, the movie market will recover, and it will recover quickly. In other words, the troubles of AMC theaters It will get better soon, and we can turn losses into profits this year! If it’s too late, it’s too late!”

(End of this chapter)