Top of the Great Era

Chapter 2205 Good Voice K Song

In the previous life, Wanda completed the acquisition of AMC theaters at what price, Zhou Buqi is not quite sure.

but it does not matter.

Just judge based on the experience of this life.

It’s only the end of February, and the film market is in the off-season, which is why the Oscars are held at this stage, because they can use the influence of the Oscars to properly activate the film market and sell a wave of Oscar-winning films.

The real peak season will have to wait until May, when the summer vacation kicks off.

Now AMC is heavily in debt and has encountered serious operating difficulties.

Now is the best time to act.

By May, when several Hollywood blockbusters were sold and the film market recovered, it would be too late and a greater price would have to be paid to complete the deal.

It was the first time for Boss Wang to do such a large-scale transaction, so he was inevitably a little apprehensive.Boss Zhou was different. He expressed his strong support for the deal in an understatement.

The total turnover reached 29.2 billion US dollars!
This is indeed a sky-high price.

But these are all the data on the books, which are suspected of being exaggerated.

There are countless twists and turns behind the scenes of capital transactions.

The US$29.2 billion includes the US$19.2 billion debt of AMC Theaters, and the actual cash and silver is only US$10 billion.

This is not counting.

Among the US$10 billion, there is US$5 million in cash flow provided by Wanda to AMC theaters.This is not free, it is equivalent to AMC theaters borrowing 5 million US dollars from Wanda.

It will be paid in the future.

This is not counting.

Of the remaining US$5 million, US$1 million is the cost of equipment renovation that Wanda promised in the contract to inject capital into AMC theaters.This part of the investment in equipment transformation can be included in the assets of AMC Cinemas in the future, which is equivalent to an increase of US$1 million in net assets.

After all the calculations, Wanda actually paid the shareholders of AMC Cinemas only 4 million US dollars.

After Zhou Buqi heard about it, he was overwhelmed, "Okay! Isn't this the price of cabbage, buy it quickly, the sooner the better! With a real investment of 4 million US dollars, you can get 29.2 billion US dollars of promotion in the capital market. Why hesitate? The deal is done, and Wanda's reputation will spread all over the world immediately."

Boss Wang said worriedly: "I am afraid that the film market will continue to slump. Of the US$5 million in cash flow provided by Wanda, US$3.2 million will have to repay the debt due this year. Once the market does not recover, AMC Theaters will still be in trouble. There is a risk of bankruptcy. I am worried that the Americans have set up a trap and want to sell the junk assets to me and let me take over."

Zhou Buqi laughed and said: "Old Wang, you worry too much!"

"Isn't it?"

"You're right. The Americans are not so kind. They really want to sell their junk assets as soon as possible to get rid of this burden. But you are only half right."

"Ok?"

Boss Wang frowned.

Zhou Buqi said: "If they want to sell junk assets, they must first make a judgment, that is, to confirm that AMC Theaters is really junk assets. Wang, if you believe in me, act quickly, and the film market will recover strongly when this year’s summer vacation opens! Not to mention anything else, just the movies under my hands are enough to shock the world, "The Avengers" Assemble, you are waiting for a movie binge this summer!"

Boss Wang couldn't help laughing.

I feel that Xiao Zhou is really confident. This big case with a total value of nearly 30 billion US dollars is as easy as spending 30 US dollars to buy a piece of clothing in his mouth.

Now that it's all like this, Boss Wang didn't hesitate anymore. He slapped his thigh and said in a deep voice: "Then it's settled. I'll leave in a while and go to New York! Sign a contract with them!"

Zhou Buqi smiled and said: "That's right, act quickly, so as not to have long nights and dreams. When signing the contract, the liquidated damages should be set higher, so as not to wait for the market to recover, and the other party will go back on their word."

Boss Wang nodded, a little amused, "They seem to be in a hurry than me, even if the liquidated damages are lower, I'm afraid I'll go back on my word. They said in the last meeting that the liquidated damages should not be less than 5 million US dollars, and the Said that they would come forward and help the operation to pass the approval of the US Trade Commission."

Zhou Buqi asked, "How long is the approval time?"

Boss Wang said: "The longest is half a year, right? It shouldn't be too long. This deal is not complicated."

"good."

Zhou Buqi nodded.

For a transaction of this magnitude, it is not enough for both companies to sign a contract, and official approval is required.This is of course interfering with the freedom of trade, so in theory, the two parties can complete the transaction in private without approval.

However, there will be certain risks in this way.

There are mainly two aspects, anti-monopoly and national security. Transactions that violate these two legal restrictions are illegal transactions.Therefore, most transactions must be approved before they can be finalized, otherwise the boards of directors of both parties will not agree.

Wanda’s acquisition of AMC theaters will be smooth without any involvement in these two aspects.

However, Zhou Buqi still thought of something, and reminded him deliberately, "Wanda is not listed in the United States. I want to remind you that none of the Chinese stocks listed in the United States has disclosed all company information to the public."

"You mean..."

Boss Wang understood immediately.

This is no secret in the industry.

Chinese concept stock companies listed on the New York Stock Exchange and Nasdaq are all privileged.

Other companies that want to list in the United States must submit all financial reports, and the most important point is the list of all major shareholders of the company.

The most important thing for a listed company is to be open and transparent, that is, to be fully open to the society and accept the supervision of the whole society.

Only in this way, investors can buy the company's stock with confidence and boldness.

If investors don't even know who the shareholders of this company are, and don't even know the real situation of this company, for the stock exchange, this is irresponsible to all investors.

However, companies with Chinese concept stocks are somewhat special. In order to attract companies with Chinese concept stocks to list in the United States, the United States can only turn a blind eye and close one eye, acquiescing that China concept stocks do not submit a complete list.

The names of some shareholders can be made public, while others cannot.

Therefore, when the US Securities Regulatory Commission later demanded a unified standard and wanted to take back the privileges of Chinese concept stocks, most of the Chinese concept stock companies delisted from the United States one after another.

Zhou Buqi has no worries in this regard.

As early as the subprime mortgage crisis in 08, he solved this problem once and for all. At least Ziwei Star has no troubles in this regard, and can be listed on Nasdaq in the future.

Other companies will not work.

This is a hurdle that cannot be bypassed in domestic business.

Just like once he met a Chinese entrepreneur in the United States, the man said with emotion: "I have traveled to so many countries in the world, and the only place where I can't stand to make money is the mainland."

Zhou Buqi said: "Wanda wants to acquire AMC Cinemas, and the authorities will definitely ask Wanda for relevant information. You have to be prepared. Some can be given, and some... best never."

Boss Wang didn't realize the seriousness of the matter, "Isn't it?"

Zhou Buqi said in a deep voice: "It's very important. Wanda wants to be a world-class multinational company and do global business. Of course it's a good thing. I believe everyone will support it. However, if you accidentally leak some shareholders information, the people on this leak list will definitely not support you."

Boss Wang laughed.

Vague.

It's not easy for Zhou Buqi to say anything more.

In the previous life, Wanda once performed vigorously and vigorously in overseas markets.

But in a speech at Harvard, Lao Wang was asked whether there were any shareholders in his company, and he admitted it very straightforwardly.

Later, it failed. Wanda's overseas expansion was suspended, and all overseas businesses were sold. It encountered a serious business crisis.

……

Ziweixing also has a branch in Spring City, mainly for consulting, platform advertising, and customer service positions, and a few technical positions are mainly for technical consulting.

However, there are relatively few technicians "in the making" here, but there are more technicians "internship".

Most of them are college students from Jilin University School of Planning.

Some have practiced here since their sophomore year.

Zhou Buqi said that it was a vacation, and it was impossible to let it go completely. He just walked around the branch... Not to mention, he found that a few technical staff and a group of intern college students had really made a few A decent product.One of them, which was highly recognized by him, is a mobile app called "Good Voice K Songs".

The project manager is a senior named Yu Xiaoyu, a girl with mediocre looks but extraordinary skills.The most important point is that she is not from the School of Computer Science, but from the School of Business.

Later, when I was in college, I heard that it was difficult to find a job in a business school, so I took a double degree in computer science and learned programming again.

Zhou Buqi couldn't help but chatted with her a few more words, "This product is not bad, how did you conceive it?"

Yu Xiaoyu did not expect to meet the legendary Boss Zhou here, and felt dizzy, "It's just singing...that's...that is, there is a karaoke karaoke outside our school, which is always full. Especially on weekends. In the evening, I lined up for several hours. I just thought that this is the Internet age, why do I have to go to KTV to sing? Singing to the mobile phone, singers all over the country can be connected together.”

Zhou Buqi smiled and said, "It's a good idea."

Yu Xiaoyu blushed, "Thank you."

Zhou Buqi then asked: "Then what's the matter with 'Good Voice'? Is it not infringing?"

Yu Xiaoyu said indifferently: "Invasion is intrusion. If this product fails, it doesn't matter if it is intrusion. No one will know. If this product is successful, it will be easier. Just buy the copyright from them. A Variety shows are only worth a few bucks, and if this app has 1 million users, it might be able to buy the entire "The Voice" show."

This is the typical rough thinking of Internet people.

Use it first!

If it fails, no one cares about it; if it succeeds...all of them succeed, and they still care about the copyright fee, just spend money to get it done.

Obviously, Yu Xiaoyu didn't know the relationship between "The Voice" and Boss Zhou.

Zhou Buqi smiled and said, "Very good, you can cooperate with "The Voice"."

"what?"

Yu Xiaoyu was slightly taken aback.

Zhou Buqi said: "Isn't there a selection for "The Voice", and it can be designated to cooperate with this product of yours. The outstanding singers in "The Voice K Song" can get the opportunity to participate in the interview of "The Voice" offline. You We can also use more elements of "The Voice" in our products, and use this popular variety show to enhance the market competitiveness of our products."

Yu Xiaoyu was a little dazed, "Appointed partner? Can people like it?"

Zhou Buqi said: "You represent Ziweixing, what are you afraid of? Talk to your leaders, see what to do, come up with a plan, let me see... Forget it, you can directly make a report to Zhang Yiming Go there, just say what I said. If you don’t wait until you graduate, your project team will be transferred to the headquarters in the capital, and it will be more convenient to cooperate with "The Voice" there."

(End of this chapter)