Huayu Zhihao

Chapter 464 Completing half of the mission

Chapter 464
There are many foreign capitals coveting the mainland film market. In addition to the most active Warner Brothers, the same is true of Hollywood giants such as Columbia and Paramount.

Columbia has also taken action. First, it established the largest joint venture cinema company in the mainland with Huaying and Hengcheng, and later established a joint venture with Huaying and Haotian to build cinemas.

Columbia didn't enter the market as early as Warner Bros., but it didn't look forward and backward like Paramount, and it hasn't taken any specific actions until now.

However, now that the policy has been adjusted, it is a big blow to foreign investment.

At the same time, in 2002, when the reform of the theater chain system was implemented in the mainland, many theaters signed three-year contracts with the theater chain.

In other words, most of the contracts of theaters and theater chains have expired this year, and this year can be said to be an opportunity for mainland theaters to reshuffle their cards.

And Chen Hao has been waiting for this opportunity for a long time, for this reason last year, Haotian Cinema did not go all out to expand!

When Chen Hao was secretly excited, Chen Xiangang from Haotian Cinema called.

"Mr. Chen, you have seen the news!" Chen Xiangang said in admiration.

He now understands why Chen Hao didn't rush to expand last year. He was waiting for the news. From Chen Xiangang's point of view, Chen Hao probably got the internal information in advance.

"I see. Now go to Columbia and ask them what they plan to do with the theaters in the mainland." Chen Hao said.

When Chen Xiangang heard the words, he secretly said, "Okay, I'll do it right away."

"By the way, the contracts between many theaters and theater chains have expired this year. You can try to buy them or let them join Haotian Cinemas." Chen Hao said.

"Don't worry, Mr. Chen, I'm already doing this." Chen Xiangang said.

Chen Xiangang naturally knew about the three-year contract between theaters and theater chains, so he had done a lot of preparatory work before.

"Well, for theaters, try to find ones in big cities and prosperous areas." Chen Hao said.

This will undoubtedly increase the acquisition cost, but after Chen Hao decided to acquire and invest in 3D technology, the earth route is not suitable for Haotian, and the Xingmei route has become the best choice.

After all, although the cost is high, the profit is also higher.

Moreover, in the future, Haotian Cinema will install IMAX giant screens and 3D screens. Undoubtedly, there will be more fans and higher consumption levels in prosperous areas of big cities.

"No problem." Chen Xiangang said.

After Chen Hao hung up the phone, he received a call from Hu Jin again.

"Mr. Chen, good news!" Hu Jin laughed.

"Oh? Tell me!" Chen Hao's heart moved when he heard the words, it seemed that the acquisition was completed.

"It's settled with Douban, 300 million RMB will be won." Hu Jin laughed.

Douban is a website founded by Yang Bo alone. At the beginning, he wanted to create a travel website and named it "Lvzong".

However, after the actual investigation, it was found that people don't have much demand for it. People are more looking for entertainment methods such as books, music, and movies on the Internet and are willing to communicate.

So, Yang Bo changed direction and founded Douban.

From October 2004, Yang Bo gathered 10 yuan from relatives and friends, and then started to develop Douban, which was completed 20 months later.

并于2005年3月6日正式上线,到现在5个月的时间,豆瓣网的注册用户已经达到了25000人,日浏览量也达到了20万。

And until now, Douban is still operated and maintained by Yang Bo alone, and the server is also saved from 8000 yuan, so there is a legend about "one-person website" in Douban.

After Hu Jin found Yang Bo this time, he explained his optimism for Douban and the benefits to Douban after the acquisition.

Douban will receive sufficient funds for comprehensive upgrades, development and publicity, and will be able to become the industry leader and gain a reputation in a very short period of time.

At the same time, Yang Bo is still responsible for the specific operation of Douban after the acquisition, and Yang Bo can earn 300 million without worrying about follow-up funds and how to make profits.

Moreover, Douban can form a linkage with Haotian, which is more conducive to the development of Douban.

In the end, Yang Bo agreed to the acquisition of Haotian Holdings.

"Tudou agreed to take out 40% of the equity financing." Hu Jin said.

"What's the valuation of Tudou?" Chen Hao asked after hearing the words.

"Because it was after the dot-com bubble, there was another Internet boom, and because it was the first video website in the mainland, the future prospect is very good, so the valuation has reached 500 million US dollars!" Hu Jin said.

Chen Hao raised his brows when he heard that, the value was 500 million US dollars just after it was established and launched!Video sites are really expensive!
Fortunately, there is no youtobe at this time, and the team of Tudou only has 5 people, otherwise the valuation may be higher.

However, compared to its market value when it was listed, it is much cheaper, even if it is an investment, it is worth selling!What's more, it is a part of my future territory, so I must act first!

"Okay, I'll take all the 40%." Chen Hao said.

"That's 1650 million yuan!" Hu Jin reminded.

"No problem, I can still afford the money." Chen Hao said.

"Okay then, I'll negotiate with Tudou immediately and draw up a contract, just wait for the signature." Hu Jin said.

"How is Shiguangwang?" Chen Hao asked.

"Uh, Shiguang.com doesn't accept acquisitions, nor does it accept financing for shares." Hu Jin said helplessly.

"Why?" Chen Hao asked.

"First of all, people who can make some achievements on the Internet are generally more conceited, feel that they are awesome, and have unlimited confidence in their own abilities and judgments.

So they are willing to accept angel investment, but they rarely accept acquisitions. After all, Douban’s Yang Bo is only one person and does not even have a team. It is relatively easy to persuade, but Shiguang is an Internet technology company with a registered capital of 1000 million.

Moreover, the company has just been established, and they believe that their future will be more valuable. Now the financing is a loss. The most important thing is that they are not short of money now, so they are very confident. "Hu Jin analyzed.

"That is to say, you have only completed less than half of the three tasks!" Chen Hao said angrily.

Hu Jin was a little depressed when he heard the words, "I have analyzed the reason with you, and it is not bad to be able to acquire Douban, and usually the angel round is between 10% and 40%, so Tudou is already the maximum.

As for Shiguang, I actually don’t recommend you to buy it again. After all, you already have Douban. The business scope of the two companies is similar. Even if there is a difference, after Douban develops, it can be developed again.

There is absolutely no need to invest in Shuguang.com, what do you think?
If it doesn’t work, I can still talk to them, and when they want an angel round, they can choose us first under the same conditions. After all, our business is somewhat related and has inherent advantages. "

If Chen Hao was an ordinary person, he would think it made sense, but Chen Hao knew that this was a profitable business, "Yes, you can talk to them first and give us priority."

"no problem!"

 Thanks to "Qinglian Earth" for the 500 reward!

  
 
(End of this chapter)

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