This star is wrong

Chapter 556: Gambling Agreement, Mist Theater Sets Sail

After dealing with him for so long, Xu Guangyi felt that Fang Xing's thoughts were different from those of ordinary people.

Under normal circumstances, when the Penguin Group wants to acquire a company at a premium, most companies cannot resist the temptation.

Because, once the acquisition is successful, it means that the company can obtain the resources of the Penguin Group.

Especially in the entertainment industry, Penguin Group's business map has covered every link in the upstream and downstream of the entertainment industry.

Once the film and television company gets on the ship of Penguin Group, it means that it will take off.

A normal film and television company founder, after making certain achievements, will take the initiative to choose a big tree to enjoy the shade.

Because no one dares to say that the dramas they film will never rush.

The film and television industry produces a large number of film and television dramas every year, especially movies. The number of movies that can actually be released in theaters is less than one-tenth of the number of movies in the whole year.

It is conceivable how fierce the competition in the film and television industry is.

Once a film and television company receives capital injection from the Penguin Group, it means that it has a guarantee, and its health bar becomes thicker in an instant.

On the contrary, a film and television company without the support of a large group will face the risk of bankruptcy if it plays a drama.

If new projects fail to attract investment, there is not even a chance to turn around.

Therefore, most founders of film and television companies will accept capital injections from giant companies and use their resources to develop rapidly.

However, Ark Culture is an exception.

At the beginning, when Ark Culture shot "Wulin Biography" and "The Beginning", the investment industry gave Ark Culture a valuation of less than one billion.

Moreover, the investment industry generally believes that if the valuation of Ark Culture reaches 10 billion, it will encounter a bottleneck.

In fact, this is the law of the company's development. 10 billion is a bottleneck. It is difficult to break through this bottleneck without introducing investment, expanding the scale, and seizing the market.

However, Ark Culture immediately filmed "The Pretender", which won the drama king of that year, and a drama directly broke through the bottleneck.

After a company breaks through the 10 billion bottleneck, it will encounter a second bottleneck when it reaches 60 billion or 70 billion.

Most companies, even if they go public with an IPO, may not be able to break through this bottleneck.

However, Ark Culture's series of actions, "Hurricane", "Nirvana in Fire", "Dark Glory", together with the songs that continue to dominate the charts, broke through the second bottleneck, and the valuation reached tens of billions.

A company with a valuation of tens of billions, and it is still a valuation that has not undergone IPO water injection, and its gold content is very high.

This is why Xu Guangyi dared to offer a 50% premium.

Because even if you invest in Ark Culture at a premium of 50%, and then take advantage of the trend to IPO, with the asset structure of Ark Culture, the market value after listing will at least triple, or even more.

Therefore, the 50% premium offered by the Penguin Group is not random.

However, the contract will not be that simple.

Although Fang Xing did not see the contract, he could imagine that there would be many restrictions in the terms of the contract.

If Fang Xing wants to enjoy the rest of his life, he can actually accept the Penguin Group's shareholding, and then take the money to travel around the world.

It's just that, in that case, Ark Culture will become a subsidiary of the Penguin Department.

Ark Culture has now reached a valuation of tens of billions, and there is no need to be a pawn at all.

Fang Xing can be the person at the helm, so instead of becoming a subsidiary of Penguin, it is better to invest in Pea Video.

"Mr. Xu, I like to be free and unrestrained. I will be more comfortable as a person at the helm." Fang Xing shook his head, rejecting the premium proposal proposed by Xu Guangyi.

Xu Guangyi did not give up and continued: "Mr. Fang, don't be too busy refusing. Have you ever thought about taking the helm at Penguin Group?"

Fang Xing frowned, wondering: "What does this mean?"

Xu Guangyi smiled and replied: "The board of directors has initially exchanged opinions. As long as Mr. Fang is willing, after the acquisition of Ark Culture, Ark Culture will still be managed by Mr. Fang, and Mr. Fang can enter the Penguin Group Entertainment Business Group as a senior executive, starting from vice president. At the beginning, after three years, he was promoted to the president of the entertainment business group based on his performance."

Fang Xing was a little surprised when he heard this proposal.

Unexpectedly, the Penguin Group not only wanted the Ark culture, but even wanted to take it away with itself.

The executives at the president level of each business group of the Penguin Group all have stock options. This invitation is actually quite attractive.

If it were someone else, there would be a high probability that they would agree.

However, Fang Xing finally shook his head.

Fang Xing has no shortage of ways to make money, and he doesn't want to be restricted by the group.

In fact.

Ark Culture has many projects, and it is difficult to pass other companies.

However, in Ark Culture, as long as Fang Xing proposes a project, no one in the company will object.

However, once you enter the Penguin Group, many things change.

For example, "Hurricane", given the sensitivity of this drama, is placed in a subsidiary of the Penguin Group. Even if it can be filmed in the end, it may take a long time to argue.

"Thank you for your love. I have no plans to join other companies for the time being." Fang Xing shook his head and was not moved by Xu Guangyi's proposal.

Xu Guangyi was even more surprised. He didn't expect that such a generous offer could not impress Fang Xing.

……

After meeting with the executives of the Penguin Group, although no cooperation was reached, it was not useless.

In fact.

Now the executives of the three major video websites hope to invite Fang Xing to dinner and tea.

Among the three major video sites, the current situation of Taro Video is the least optimistic.

Self-made content can't keep up, and the traffic entrance can't compare with Penguin Video and Pea Video.

If among the three major video sites, which one is most likely to fall behind, then Xiangtao Video is the most likely.

Of course, it is not that bad that Xiangyu Video can develop into one of the three major video websites, but relatively speaking, it faces more pressure.

Therefore, the president of Xiangtao Video also wanted to cooperate with Ark Culture, and even offered better conditions than Pea Video.

Now, the news that Ark Culture wants to invest in the video website has become known in the industry.

All parties extended olive branches.

This also made Gong Jianbin feel threatened.

If the cooperation between Ark Culture and Pea Video does not go well, Fang Xing may turn around and invest in Xiangtao Video.

At that time, Xiangyu Video will solve the weakness of self-made content, and it will not be the weakest of the three major video sites.

Therefore, Gong Jianbin is very active in promoting the merger and acquisition, and even resisted all opinions on the board of directors, offering more favorable conditions to Ark Culture.

After all, it's a buyer's market right now.

Fang Xing has too many choices, he can choose from penguin video, pea video, and sweet potato video.

On the night of his meeting with Penguin Group executives, Gong Jianbin called Fang Xing to find out the truth and make an appointment for the next discussion.

three days later.

The M&A negotiation between Ark Culture and Pea Video is underway again at the Ark Culture Headquarters Park in Ningyun Cultural Industry Park.

The headquarters building was completed and put into use one after another.

This M&A negotiation is the first important negotiation after the completion of the headquarters building.

The negotiation went smoothly.

According to He Hongtian, Director of Investment Department of Ark Culture, the calculated data shows that the final share exchange ratio is 1:1.07, which is very beneficial to Ark Culture.

Originally, Ark Culture was valued at only 100 billion, while Wandou Video was valued at 120 billion.

This share exchange ratio means that Ark Culture’s valuation premium has reached 128 billion.

The reason for this premium is that Penguin Video directly gave a premium of 150 billion.

When there are many competitors, premium prices become inevitable.

Of course, Pea Video is willing to agree to such a high premium, not blindly.

One of the reasons why the valuation of Ark Culture is only 100 billion is that Nebula Special Effects is still in the stage of burning money, and the future investment will be huge. From the perspective of the investment industry, Nebula Special Effects is even negative equity.

However, for Pea Video, Pea Video can have many special effects for film and television dramas, which are handed over to Nebula for special effects.

As long as Nebula's special effects can be developed, it is not a negative asset, and it can add another 10 billion valuation.

After both parties have negotiated the contract amount, only the final signature remains.

before signing.

Fang Xing and Gong Jianbin left the meeting room together, and went to the office to talk alone.

"Mr. Gong, this cooperation is basically settled, but there are still some things. I hope that we can reach a consensus with Mr. Gong." Fang Xing didn't hide it, and got straight to the point.

Gong Jianbin was very calm, and made a gesture of invitation: "Mr. Fang, please speak."

Fang Xing organized his words, and replied: "I admire Mr. Gong's talent very much. I am very relieved that Pea Video is in Mr. Gong's hands. But, if one day... I mean, if, if Mr. Gong wants to leave Pea Video, I hope that the shares in your hands will not be transferred to other shareholders, but only to me, at least a part of them, to ensure that I will become the largest shareholder."

When Gong Jianbin heard this, his expression did not change, but he was happy in his heart.

Because this request means that Fang Xing really wants to develop Wandou Video.

In fact, this was not only Fang Xing's worry, but also Gong Jianbin's.

After Ark Culture acquires a stake in Wandou Video, Gong Jianbin’s shares will be diluted from 32% to 26%.

As the founder, chairman, and CEO, although his shares have been reduced to 26%, he already has a controlling stake in Pea Video, but he is already on the verge of danger.

If Fang Xing reaches a cooperation with other major shareholders, it is possible to take him out of the picture.

Gong Jianbin smiled and replied, "If that's the case, I hope Mr. Fang can agree to the same request."

"can."

Fang Xing agreed without any hesitation.

If one day, Ark Culture wants to withdraw from Pea Video, then it doesn't matter who the shares are transferred to, so it is naturally possible to transfer the shares to Gong Jianbin.

Both parties are making the same request, which is fair.

"Since Mr. Gong has the same request, why don't we implement a written agreement." Fang Xing suggested.

"Yes." Gong Jianbin agreed.

"Since Mr. Gong agrees, I will ask the legal counsel to draw up an agreement. We will sign it sometime, and then we can formally sign the VAM contract." Fang Xing said.

Gong Jianbin stood up, stretched out his hand, and said, "Mr. Fang is welcome to join Pea Video."

Fang Xing shook hands with him and sent him out.

……

the next day.

After the legal affairs drafted the agreement, Gong Jianbin also asked the legal affairs to review it, made some detailed revisions, and added two guarantee clauses, and then the two parties met and signed.

Day three.

The gambling agreement for the M&A case of Ark Culture and Pea Video was officially signed, and a press conference was also held.

At the press conference, Fang Xing also announced the new drama plan of Ark Culture and a drama theater grandly launched by Pea Video.

The news announced at the press conference stirred up thousands of waves with one stone, and instantly caused a sensation in the industry.

Of course, the details of the VAM contract will not be made public.

But the companies in the industry basically knew that the signing between Ark Culture and Pea Video was a VAM agreement.

After the signing of this agreement, it has become inevitable for Ark Culture to take a stake in Pea Video.

The outcome of the bet only affects the method of investing shares and the distribution ratio of shares.

At the press conference, Fang Xing announced that the TV drama theater of Wandou Video is the "Mist Theater".

Moreover, Ark Culture will specially customize a suspenseful criminal investigation drama as the opening drama of the "Mist Theater".

Since the contract has been signed, although Ark Culture has not officially acquired the shares of Pea Video, after the agreement takes effect, it is inevitable for Ark Culture to become the second largest shareholder of Pea Video.

Therefore, Fang Xing, as the second largest shareholder of Pea Video, proposed the "Mist Theater" project, which was unanimously approved by the executives of Pea Video.

In the second half of the press conference, it was time for reporters to ask questions.

The first few questions were still about the cooperation between Ark Culture and Pea Video, but as I kept asking, the questions were all focused on the new drama of Ark Culture.

After all, Fang Xing hasn't filmed a drama for more than half a year.

Reporter: "Fang Xing, would you like to ask whether Ark Culture's new drama will be directed by you or Zhang Yigao?"

Fang woke up and asked back: "Is there any difference?"

Reporter: "Of course, if Zhang Yigao is the director, I'm afraid the results will not be very good."

Fang Xing stared and asked: "Is the grade of "The Great Tang Dynasty" not good?"

Strictly speaking, the performance of "Da Tang Feng Hua" is very good. With A-level investment, it has obtained the S-level entry-level playback volume. This is not considered a good performance, so what is a good performance?
Of course, it cannot be compared with the six blockbuster dramas directed by Fang Xing.

Reporter: "The performance of "The Great Tang Dynasty" is not as good as the TV series you directed, even "The Beginning"."

Among the TV series directed by Fang Xing, if you just look at the number of broadcasts, "The Beginning" is actually the worst.

Hearing the reporter's words, Fang Xing blinked: "What do you mean it's not as good as "The Beginning". "The Beginning" has a trophy for Best Supporting Actress. In the current TV drama industry, if you don't win awards or have more than 50 billion views, it doesn't count. Your grades aren’t good, are they?”

Reporters are also helpless.

There is no way, among the TV series produced by Ark Culture, the worst one is "The Elegance of the Tang Dynasty", but this is also a small hit drama.

The reporter could only quickly focus on the key issue: "Fang Xing, then who is the director of the new drama?"

Fang Xing changed the subject, and replied, "Um, the new drama is directed and acted by me. Besides, there is another breaking news."

The reporters at the scene were stunned by this sentence.

The reporter holding the microphone could only ask: "What breaking news?"

Fang Xing smiled mysteriously and replied: "I will play two roles."

Whoa!
As soon as the news came out, the reporters present could already foresee that this news was going to be the top trending search.

(End of this chapter)