Start from 1980

Chapter 959
To be honest, he is not a director, nor is he a gold medal screenwriter.

He couldn't write any good scripts for them to shoot, and even "I Have a Date with a Zombie" he just remembered the general idea.

"Let's just chat briefly." Su Chen said to them, "I heard that your participation in the Asian sisters is more dramatic, can you share it?"

Weng Hong nodded: "Of course..."

The two briefly shared their motivation for participating in Miss Asia and some interesting stories about the process of running for the election.

After chatting for more than ten minutes, Su Chen said: "They are now signing contracts with Phoenix TV. I believe Mr. Xu has already made a detailed plan. When the time comes, Mr. Xu will package and publicize them."

"Understood." Zhou Jianren nodded and agreed, "Mr. Xu probably has a plan, and Mr. Huang is also going to make a program on Macau TV. They should be very busy in the future."

Su Chen said: "If you're not busy, doesn't that mean you're unemployed? Besides, their careers are still on the rise, and their development is arranged by Mr. Xu. You still have to focus more on Taiwan's record industry."

With the lifting of the ban the year before last, the world's five major record companies have adopted methods such as acquisitions, mergers, and withdrawal of agency rights to establish their own Taiwan branches to directly operate their businesses.

Several companies such as EMI and PolyGram also withdrew their agency rights and established their own companies.

Facing the strong pressure from these major record companies, UFO and Rolling Stones either lay flat or resisted.

Rolling Stone, which has been invested by Shengshi, has been very simple and rude in the past two years. Taking advantage of its advantages, it has successively opened branches in Singapore, Malaysia, Thailand, Japan, South Korea, Indonesia and Hong Kong, and frantically expanded its overseas territory.

As long as there are Chinese-language films in the market, it will fight head-on with international record companies.

The method is too rough, if there is no Shengshi's shareholding, it is estimated that it will fall to the ground in a few years.

Su Chen has wanted to acquire Warner Music since last year. On March 3 this year, Time Inc. and Warner Inc. announced to the public that they are about to complete the merger.

They want to build a single stock, no taxes or debt owed mergers and acquisitions company.

As a result, in June, just two weeks before the company's shareholders were due to vote on the merger proposal, Gulf Western, also known as Paramount Communications, was suddenly preparing to launch a surprise hostile takeover of Time Inc.

The company proposed to buy Time Inc. for $200 per share in cash, and then traded for $126 per share, and the world suddenly became chaotic.

Time Inc can't be cannibalized by anyone, least of all Paramount's Martin Davis.

Because they thought Martin was a morally corrupt upstart, the hostile takeover caused panic among Time Inc. senior executives, who spent weeks desperately trying to save Time Inc., their jobs and their reputations.

In order to save the company from Davis, Jerry Levine and the Time Inc. team had no choice but to buy Warner immediately.

But the company doesn't have that much cash. According to the rules, the merger of the two companies needs to be voted by shareholders, but will the shareholders of Time Inc. reject Paramount's temptation?
And on the other hand, shareholders will never agree to buy Warner with cash, which obviously doesn't work.

Therefore, Li Wen decided to buy Warner without seeking the approval of shareholders.

This led Paramount to sue Time Inc., arguing that Time Inc., as a public company, had an inescapable duty and obligation to allow the company's shareholders to consider Paramount's $200 per share proposal.

The managers of Time Inc. quoted the last words of Henry Luce, one of the founders of the company, saying that Time Inc. is different from other listed companies in that it is unique.

Anyway, the lawsuit is not over yet.

According to Su Chen's budget, Warner is now worth about 149 billion US dollars, almost 150 billion US dollars.

Because Warner is so big, in terms of film business, it is one of the top five film production companies in the United States together with Paramount, MGM, [-]th Century Fox, and Universal.

Warner Music has signed famous singers and bands such as Madonna and U2. It is the most diversified record company in the world, investing and publishing records in more than [-] countries or regions around the world.

It has great influence in the Asia-Pacific region, and together with Polygram, EMI, and Sony, it is called the four major international record companies in the Asia-Pacific region.

If Warner can be bought, Shengshi Media Group will directly rank among several famous entertainment companies in the world.

At the same time, the film industry and record industry can be separated, and then a new sub-group can be established.

Times didn't have the money to buy Warner, but he had money.

Although he borrowed 200 billion US dollars and invested everywhere, he still has a lot of US dollars to use, and 150 billion is still available.

"I'm going to acquire Warner." Su Chen continued, "The entire acquisition, including the record and film industry, if our acquisition can be passed, Shengshi may become the world's largest media group by then."

Hearing this, Zhou Jianren's eyes gleamed directly.

Su Chen dared to say that based on Shengshi's existing business, Fox, Fox TV Network, plus Spotlight and Columbia Pictures.

Even if it lacks business in the publishing industry, its ability should not be underestimated.

But the premise is whether the Yankee can let him make the acquisition.

At the same time, in order to avoid backlash, he had to directly set up a new sub-group for acquisitions.

Zhou Jianren said: "It should be able to be acquired."

"I hope." Su Chen smiled, "I still have things to deal with, you can take them back first."

"Alright Chairman, let's go back first." Zhou Jianren also stood up.

Su Chen sent them to the door, returned to the office and continued to work on his own affairs.

Send a document to Bernice first, let her contact Warner, and buy it if it can be bought, and if it can't be bought, it will be pulled down.

No butcher would eat hairy pigs.

Even if it is the top five record companies in the world, as long as they go to the Chinese-speaking area to hang out, Shengshi or other Chinese-speaking record companies will either fight hard, or just lie down and wait for the acquisition.

There is almost no third way to go.

After throwing the file to Bernice, Su Chen didn't continue to pay attention. He still had other things to do.

Mainly busy with chips and lithium batteries.

Although he doesn't care about the chip, he can't really be the shopkeeper.

He racked his brains thinking about the various experts in the computer field in the Soviet Union. If it weren't for the fact that he was still hanging on his breath, he would have gone there to lure people to Hong Kong.

Secondly, there have been reporters haunting the company recently, possibly to exaggerate fear and want to learn about the situation in the mainland with Su Chen.

For this kind of thing, he naturally couldn't go out and show off all the time.

After waiting for two days, Bernice in the United States sent news that Warner did not intend to sell, and that they and Times had already made an agreement. In addition to the cash merger, Warner and Times also had a share exchange.

That is to say, once Time acquires Warner, the employees of Warner will own most of the newly issued shares of the merged company.

Although Shengshi can also do this step, there is no need to be obsessed with buying now, and the Yankees still have purchase restrictions.

If there were not so many annoying financial controls and acquisition restrictions, Su Chen would definitely not lose any profitable companies.

The attempted takeover of Warner fell through.

Su Chen then focused on the matter of lithium batteries.

He was waiting for the Japanese to come again.

But unexpectedly, there came a person who was unexpected even if he was killed...

(End of this chapter)