Rebirth of Hong Kong - 1978

Chapter 2350 Starting from scratch?
The negotiation with Oye was not smooth, and it can even be said that the asking price of the other party greatly exceeded Lin Daoqiu's psychological expectations.

At this price, it is almost impossible to buy Bloomberg.

No matter how anxious Lin Daoqiu is to buy a media company, it is by no means such an approach at all costs.

Although it's not that he can't spend a billion dollars, if he really spends this money to buy Bloomberg, he will definitely be treated as a fool if he is known by others.

And the reason why Oye set this price is that he has no intention of selling Bloomberg at all, so if he asks a sky-high price, Lin Daoqiu can accept it if he wants to, and even if he doesn’t want to, he has no loss left or right.

"The price of one billion is too outrageous. I think Bloomberg's acquisition should be suspended or cancelled."

After Lin Daoqiu went back, he briefly told Richardson about the meeting with Oye.

When the other party heard that Oye directly offered a price of 15 billion, he shook his head while listening. Even though it was later reduced to one billion, he didn't think it was the price that Bloomberg should have.

"You are right. Oye should have seen that I am interested in Bloomberg, but he has no plans to sell Bloomberg, so he tentatively offered a sky-high price. If I am willing to accept it, I will sell it, and if I am not willing, let it go."

Lin Daoqiu can probably guess Oye's thoughts, so his possibility of eventually buying Bloomberg has been greatly reduced.

"In the price range of [-] million to [-] million, Bloomberg is still worth buying, but if it exceeds this amount, I suggest that you change your target to other companies, and there is no need to continue to stare at Bloomberg."

For Richardson, if he wants to enter the media, this is not a wrong decision. On the contrary, he thinks Lin Daoqiu's idea is very good.

But if the company to be bought needs to spend a huge amount of money, then Richardson obviously will not agree. After all, if Lin Daoqiu's funds go wrong, it will affect MGM and Magic Studio.

If these two companies are affected because of this, the small troubles at that time may suddenly become big troubles.

"Then if you give up Bloomberg, which company should I switch to as my next target?"

Lin Daoqiu is actually not familiar with the media industry, and only knows a few companies.

In addition to Bloomberg, like CNN and BBC, but these companies are not easy to buy at all.

"Mr. Lin, I think that if we want to buy a large media company, it will not only take a long time, but also the cost will not be too small. If we can start a company by ourselves..."

"You mean we start our own media company?"

When Lin Daoqiu heard what Richardson said, he stared at the other party with wide eyes in surprise. He didn't expect Richardson to have such an idea.

But if you think about it carefully, if you really start a media company by yourself as Richardson said, this may be a good way.

After all, everything starts from scratch, and the entire company is in my hands, and there will be no other messy things, and I can do whatever I want.

But the disadvantage is that it takes too much time to get started, and it may take at least three to five or seven years before the initial results will be seen.

You must know that there is no such thing as Weibo and Twitter now. If you want to compete with those big media, you must spend a lot of money to increase your popularity from the very beginning.

It's okay if it's only in Xiangjiang and Asia, but in North America, the resources owned by those big media companies are many times stronger than themselves.

Moreover, some media companies are supported by TV networks, and have even greater advantages than ordinary paper media. Compared with them, if they start from scratch, the disadvantages are not ordinary.

"Although it will take a long time to make this company famous from scratch, we have an inherent advantage that others do not have, that is, the exclusive resources of movies."

Lin Daoqiu owns the three companies New Oriental Pictures, MGM and Dongshi. From movies to TV to celebrities, he can obtain far more information than others, and faster than others.

If Lin Daoqiu can coordinate and combine these resources, then for him, this advantage can make his new media company famous earlier and faster.

"What you said is not unreasonable, but let me think about it again."

Lin Daoqiu thought about it, and he felt that what Richardson said made sense, after all, he had resources that others did not.

If you can make good use of these resources, you can indeed make your media company rise as soon as possible.

It's a pity that the Internet has not been officially popularized yet, otherwise Lin Daoqiu could spend a lot of money on the Internet to build a large media company with the Internet as the main body of communication.

…………

"Mr. Oye, I heard that Lin Daoqiu, the boss of MGM, intends to acquire [-]% of your shares in Bloomberg?"

On this day, Bloomberg went to Merrill Lynch to have a meeting with Oyer and others. After the meeting, he suddenly asked about this matter while chatting with Oyer.

Hearing Bloomberg's question, Oye looked a little surprised, because he didn't expect Bloomberg to be interested in this matter.

"Yes, Mr. Lin did come to see me before and made a formal offer, but I think his offer is completely inconsistent with Bloomberg's value, so I did not agree to the price he proposed."

Bloomberg also heard people from Merrill Lynch talk about this matter before. Originally, this was just an ordinary acquisition, but because the buyer was Lin Daoqiu, the boss of MGM, this made Bloomberg feel Very curious.

You must know that in this place of Hollywood, as long as you are working in a film company, it is very difficult for you not to have heard of or not to know who is Lin Daoqiu.

Just "1992" and "Godzilla" have made Lin Daoqiu famous all over the world.

After he acquired MGM, he directly made this company from the bottom of Hollywood jump up, only inferior to Universal and Paramount.

This is something that previous managers of MGM couldn't do, but under the hands of Lin Daoqiu, MGM suddenly came alive.

And as far as Bloomberg knows, if MGM continues to grow at this rate, I believe that in the near future, the largest film company in Hollywood will no longer be Universal and Paramount, but will become MGM. plum.

But what he couldn't figure out was why Lin Daoqiu, a movie tycoon, wanted to acquire an information company that mainly focused on finance and finance. This is something that Bloomberg can't understand .

(End of this chapter)