Reborn in Hong Kong as a Tycoon

Chapter 675 Set the investment of the TV network

Lin Baicheng was introduced to Abigail Johnson by Claure Rockefeller, but this does not mean that Abigail will not compete with Claure. Friendship is friendship, and business is business.

"Alan, you are the initiator of the investment, you decide."

Claure said to Lin Baicheng that the 2% investment share is only, and under the circumstances that the TV network can not be developed, it is not enough for Claure to fight Abigail for this.

If it is a TV network with a valuation of more than one billion US dollars, 2% of the shares is not too small. Whether it is for the value of the shares or voting rights, it is worth fighting for.

"This is the first time for me to cooperate with Ms. Johnson. Since Ms. Johnson wants to invest more funds, of course I welcome it."

Lin Baicheng's thoughts turned around. Logan Rockefeller's surname is Rockefeller. In fact, his and Claure's shares can be counted as one family. The two have already reached 10%, but they can't increase any more. , too open with others.

If the equity of the TV network is out of balance now, if the Rockefeller family fights for control with all their strength, unless Lin Baicheng wants to completely offend the other party, he may have to compromise in the end, so it is best not to give the other party a chance at the beginning.

Phil Smith and Anna Nord combined 8% of the shares, the two Rockefellers Claure and Logan combined 10% of the shares, Abigail Johnson 7% and Barry Diller 10% % shares, the shareholding ratio difference between each other is not much.

"Since Allen said so, I will invest 500 million US dollars."

Claure said with a smile, since he said it was up to Lin Baicheng to decide, he would not fight for it.

"Thank you, Mr. Allen, and thank you, Claure, for letting go." Abigail thanked him aloud.

Claure: "You're welcome."

"Since this is the case, the respective investments of those few have been settled in this way."

“史密斯你们夫妇出资800万美元占8%股份，克劳尔和罗根各出资500万美元占5%股份，约翰逊小姐出资700万美元占7%股份，巴里你出资1000万美元占10%股份。”

"In the end, I invested 6500 million US dollars, accounting for 60% of the shares, and the remaining 5% of the shares were placed in the company's option pool as an option reward for the company's developing executives and outstanding talents."

"In the previous option rewards, I paid 5% of the shares, but if I need to take out a part of the shares as option rewards for executives later, I need everyone to distribute them in equal proportions."

Although Lin Baicheng took out an additional 5% of the shares as an option reward, but he is the initiator of this cooperation and the largest shareholder, so a little contribution is nothing.

Besides, in fact, Lin Baicheng does not count as taking an extra 5% of the shares. If everyone shares the 5% together, he must take out 65% of his 3.25% shares as an option reward, so the extra he took out is actually only 1.75% Shares only, which is an extra $175 million.

The $175 million was considered Lin Baicheng’s payment for Smith and others.

Smith echoed aloud: "If you still need to take out shares as an option reward later, it must be shared equally by everyone. There is no reason for you to ask Alan to do it alone."

"Yes, at that time, everyone will naturally share the shares according to the shareholding ratio." Claure also said.

In this regard, other people have no opinion, as it should be.

Lin Baicheng looked at Barry Diller and said: "Barry will be at Paramount until this Friday, which means that there are only two days left before he can start building the company. Before that, we will work together for the company. Think of a name, and then register the company, and everyone transfers their funds to the company's account after the company is registered."

Regarding the name of the company, everyone discussed it for a few minutes before deciding on it.

The Statue of Liberty Broadcasting Company, or SLBC for short.

The name of the company is mainly for the convenience of everyone to remember and to make the audience familiar, but no one here in the United States will be unfamiliar with the four words 'Statue of Liberty'.

In addition to deciding on the name of the company, everyone also decided on the company's headquarters, which is located here in New York, just like ABC and other TV stations.

After deciding on the name of the company, Lin Baicheng said: "The most important thing in a company is the board of directors. I think so about the arrangement of the board of directors. Let's listen to it and let us know what you think."

"Smith, you and your wife each have one board seat, Claure and Logan each have one board seat, Miss Johnson, you have two board seats, and Barry, you have only one board seat, plus my own four board members seats, a total of eleven director seats."

"We are the founding shareholders of the company. In principle, as long as we maintain 3% of the company's shares, we can retain a seat on the board of directors."

"As for the shareholders of the company's follow-up financing, there will be additional board seats, and the details will be discussed later."

Although Lin Baicheng only holds four out of the eleven director seats, which is inconsistent with his over half of the shares, he cannot fully control the company at all, but he was going to give up control of the company and win over the partners, so Board seats must be compromised.

Otherwise, even if Lin Baicheng reduces his shares to 20% or even lower, it will be useless if he firmly controls the board of directors. Want to develop into a national television network.

"I'm OK."

Abigail Johnson was the first to speak out. She holds 7% of the shares but occupies two director seats, far exceeding her expectations. What can she say about this.

"Alan, isn't it too little for Mr. Diller to hold 10% of the shares but only have one board seat? Do you want to add one to him?"

It was Klauer who spoke out. The reason why he spoke for Barry Diller was because he wanted to add a board seat for himself.Once Lin Baicheng agreed to give Barry Diller an additional board seat, Lin Baicheng must add another board seat when the number of board seats can only be odd, and this additional board seat is his goal.

"No, Barry can only get one board seat at the moment."

Lin Baicheng shook his head, looked at Barry Diller and said: "At present, Barry has the least resources among us, and he can make limited contributions to the company. If Barry wants to increase the number of directors in the future, he must develop the company. While making a significant contribution, the shareholding ratio should not be less than 6%, so that he can increase his voice in the board of directors.”

"I am very satisfied to have a seat on the company's board of directors."

Of course, Barry Diller was not really satisfied, but he knew that he really couldn't bring any resources to the company, so he could only accept this arrangement.

"Anna and I have no problem, just listen to Allen's arrangement."

Smith spoke out at this time, the couple accounted for 8% of the shares, and having two seats is already a sky-high, how could there be any opinions or other ideas.

"I agree too."

Claure felt helpless, so he could only express his approval out loud. At this time, it didn't make much sense to object, but it was easy to expose his own thoughts.

"Since no one has any opinions, the arrangement of the board of directors has been decided like this."

Looking around at everyone, Lin Baicheng made a final decision, and then changed the subject: "Barry and I have discussed that after the company is established, it is best to directly acquire a TV station for development. After this TV station is developed, we will develop with this TV station as the core TV network. What the company has to do at the beginning is to acquire TV stations and develop TV stations, if they can’t even develop TV stations, let alone set up a TV network.”

"The formation of the TV network is really going to be slow."

Claure adjusted his mentality and agreed with this statement very much. The TV network is not so easy to set up. Without the core TV station, the combination of some small TV stations is not very useful at all.

Lin Baicheng said to Barry Diller: "Barry, in addition to establishing the company, you also need to document the acquisition target as soon as possible and hand it over to everyone for review, and then discuss with everyone to decide on the TV station to be acquired as soon as possible."

"Mr. Allen, don't worry, I will get this done as soon as possible."

Barry Diller nodded heavily. This was his first battle as the president of the company, and he had to do it well. He knew that all the directors were watching his performance to see if he was qualified for the position of president of the company.

Lin Baicheng smiled when he heard the words: "Then the directors and I will wait and see."

Claure then said: "Mr. Diller, Allen values ​​you so much, we also believe in your ability and look forward to your performance."

"I hope we won't be disappointed." Abigail also said.

"Barry is the president of the company. We still need to give him more trust. The operation of the TV station and the establishment of the TV network are not easy tasks. We need to give him a little more tolerance."

Lin Baicheng stood up for Barry Diller at the right time. Even if Barry Diller didn't do very well at the beginning, he would still give Barry Diller a few chances. After all, Barry Diller's ability has been proved in his history before his rebirth pass.

However, just like the future changed because of Lin Baicheng's rebirth, it is uncertain whether Barry Diller can manage the TV station well and set up a TV network. Lin Baicheng will not have unlimited restrictions on Barry Diller. Trust, as long as Barry Diller fails a few times, he will definitely choose to replace instead of giving Barry Diller a chance all the time.

Smith said aloud: "Alan, don't worry, we believe in your eyesight."

"Yeah." "Alan, you can't be wrong when you look at people."

Others also gave Lin Baicheng a bit of a slap in the face, and echoed aloud.

"Thank you for your trust and support."

Barry Diller thanked him aloud, but he knew that without Lin Baicheng's help, things would not be so simple.

But this is normal. The initial investment of the Statue of Liberty Broadcasting Company is [-] million U.S. dollars. A company with such a scale of assets is no longer a small company, and the personnel issues of any company are very complicated. Everyone wants to control the company. Want to increase your influence.

"Everyone, about the company, we will stop here for the time being today."

"Here, let's raise our glasses together, and wish our investment can make a fortune in the future!"

Lin Baicheng raised his glass while speaking.

"Cheers!"

Everyone toasted.

Afterwards, everyone turned to other topics.

At around 09:30 in the evening, Phil Smith and others left, and Lin Baicheng sent them out of the apartment.

Among the people dining together, only Haruko Mori remained.

The servant was tidying up, and Lin Baicheng and Haruko Mouri went to the study.

Haruko Mori said: "Cheng-kun, you hold 60% of the shares, but you only hold four director seats, and you don't control the board of directors. Is it too small?"

"Less is necessary."

Lin Baicheng said: "We talked about it. In my situation, I can't control the broadcasting company at all. Only by giving up control can I win them over and let them do their best for the company's development. Only then can the company develop into a national broadcasting company according to my expectations. One of the top media and TV networks. At that time, even if I only have a small number of shares left, and the proportion of director seats is not large, but I can make a certain impact on the company and I will earn money."

"I always feel it's such a pity, Mr. Cheng, you contributed most of the funds, but in the end the company became someone else's after it developed."

Haruko Mori sighed, she actually understood the truth, but after all she felt a little regretful and unwilling.

"This is also impossible."

Lin Baicheng shook his head: "Actually, I'm not reconciled, but this is the United States, and I'm a foreigner, and I'm still a Chinese. Since I want to make money on their territory, I have to abide by their rules. Don't want to obey? Yes, then Just don’t come here to make money, and if you don’t come here to make money, you don’t have to follow their rules.”

As he said that, Lin Baicheng looked at Haruko Mouri and said, "Actually, your side in Japan is not the same. The economy is controlled by several big consortia. I will go to your side to do business. It's okay when the business is not big. When the business is big, you must abide by the same rules." Your rules."

"Sir, what you said is true."

Haruko Mori did not refute that this would not be the case in the motherland, because it would be a lie at all, and she knew very well that Lin Baicheng was right.

"Actually, this is a rule that applies all over the world."

Lin Baicheng smiled and said: "If you want to use Wall Street's capital to make money in Xiangjiang, you must also attract local capital in Xiangjiang, otherwise you will still be unable to make a single step." Of course, it will be different if you change to British capital. After all, Xiangjiang belongs to British capital, there is absolutely no obstacle for British capital to do business in Xiangjiang.

Of course, if there is no obstacle, there is no obstacle, but Chinese capital will compete with British capital. If they can't handle it, then they can only blame the other party for their own incompetence.

Let alone the British capital going to Xiangjiang, even if it is an old-fashioned British family that has been operating in Xiangjiang for many years, the Chinese capital should fight as soon as it should, and at most leave a way out for the other party.

Haruko Mori said with a smile: "So, everyone is pretty much the same."

"That's not the case, capital is a virtue."

Lin Baicheng was not too unwilling. After all, he came here to make money, not to give money. It was nothing more than the difference between earning more and earning less, so there was nothing wrong with him.

Haruko Mori also thought about it, and she understood the truth, so she was a little bit unwilling to let go, after all, she couldn't change the facts.If you don't want to make yourself uncomfortable, if you can't change the facts, change yourself.

(End of this chapter)