Year: I had a good time when I was young

Chapter 461 Tripartite Cooperation
Although the people at Universal and Decca Records were very excited about Margaret's arrival, after greeting each other and chatting, when it came to business, let alone the princess, it was the king's arrival, and he was just as cheating when it was time to cheat.

Fortunately, Margaret was only a person who stood up openly. She also knew the business matters, and she would definitely not be able to compete with Chu Xiangqian.

Moreover, American Music Company began to think about acquiring Universal last year, and in more than a year it has obtained 8.3% of the shares.

He was qualified enough to participate in Universal's shareholders' meeting. Before the official meeting, Dylan Sanchez, the chairman of American Music, took the initiative to approach Chu Xiangqian.

He was strongly invited to invest in American Music Company.

And the price was very fair, with US$1 million giving Chu Xiangqian 5% of the shares and inviting him to become a member of the board of directors.

This made Dika's people very nervous.

But people at Decca did not dare to give Chu Xiangqian more shares in Universal at this time.

Dika still had 79% before, but after selling 20% ​​to Chu Xiangqian, only 59% was left.

In other words, Chu Xiangqian's investment in Universal was a separate transaction with Decca Records.

In his heart, Chu Xiangqian actually wanted Universal to become the main shareholder of American Music.

He has never thought of controlling a majority of Global shares. This is unrealistic and the US government will not agree to it.

So for him, the stronger the collaborator, the better.

American Music Company is not only a giant in the recording field, but also the largest management company in the United States in this era.

It’s completely normal to think about entering the field of filmmaking.

But in the field of music and management, American Records is a giant, but when it comes to making movies, this company is a rookie.

But the more novice you are, the more often you feel that you can do it, and you can even do it casually better than others.

Chu Xiangqian wished that after American music took over Universal, all the movies it invested in would suffer box office losses.

Anyway, I value Universal's distribution capabilities. As long as the movies I invest in can get the box office share that can only be obtained by the eight major Hollywood movies, then I will earn much more than Universal.

Comparing the two sides, not to mention Universal’s management and employees, American Music itself will lick its face to please itself.

Even due to pressure from other shareholders and internal shareholders of American Music, he had to hand over the Universal Production Department to himself.

I took advantage of the situation to push out my wrinkles and become my own agent around the world for ten or twenty years.

His power in Hollywood is definitely one of the best.

Chu Qianqian looked at Decca’s people and Dylan Sanchez, the chairman of the board of directors of American Music, and said with a smile, “Gentlemen, I have no position to take a stand on the negotiations between you.

Therefore, what happens between you is your own business.

I am only responsible for making the movies that I have invested in and supervised. Even if I have ideas, I have no position or power to control other Universal businesses. "

The people at Decca and Dylan soon heard that Chu Xiangqian didn't care whether the two companies were acquired or merged.

But this lack of concern, to a certain extent, is actually biased towards American records.

Although Chu Xiangqian controlled 20% of the shares, he signed a contract with Dika Records as a concerted actor.

When it comes to stock voting, I have to favor Decca Records.

But the higher the box office of Chu's films, the greater his influence on Universal.

The board of directors voted in favor of Decca, but privately they may side with American Records. Then Universal's internal and management staff may also favor American Records.

Of course, Chu Xiangqian would not do this openly.

"Gentlemen, we could actually collaborate on a musical."

Recently, in addition to paying attention to movies, Chu Xiangqian also reads scripts from the Script Association when he is at the ranch in private.

And since American Music and Decca Records are both music companies, Chu Xiangqian couldn't help but focus on musicals.

Otherwise, he really has a lot of classic movies in his mind, and it would be no problem to make two movies every year for decades.There was a script called "Miss Milly", and he fell in love with it.

Since it is possible, then buy it directly.

The cost is only $800.

People from the two companies were immediately interested. In Hollywood, following in the footsteps of successful people or cooperating has always been a common practice for investors.

Although Chu Xiangqian only had one movie released in Hollywood, it was a box office hit. No matter who he was, he would be happy to talk about new scripts with him.

If you think the script is good, the investment is not large, and the estimated prospects look pretty good, then there is a prerequisite for cooperation.

Since Chu Xiangqian bought the script, of course he didn't mind talking about the plot of "Miss Millie".

Even though the name of the musical has the word "music" in it, I think the highlights of this kind of movie are music and dance.

But in fact, the success of this type of movie has always been related to the plot.

A good plot can attract people.

If there were one or two outstanding songs and dances, it would be the icing on the cake.

Chu Xiangqian just told the plot once, and Dylan from American Music asked impatiently, "Stark, how much do you think the investment for this movie will be?"

Chu Qianqian smiled and said, "It shouldn't exceed 400 million US dollars."

Dylan was stunned, but thinking about the movies that Universal has invested in over the years, they cost about thirty to five million. It is typical to make a big difference with a small amount.

Even if there are very few movies that hit the box office, even if they lose money, they won’t lose too much.

So the $400 that Chu Xiangxiang mentioned was not a big deal to Dylan.

But in fact, Chu Xiangqian felt that the people behind the scenes using Hong Kong Island might not even need $100 million.

As for how to spend all 400 million, there are too many ways for Chu Xiangqian.

During the filming of the movie, I spent 300 million US dollars on my own money. If the box office was as expected, it would exceed 1 million US dollars.

Then the film will be able to maintain its capital.

If it is released in countries other than the United States, whatever you make is pure profit.

If you are worried, just come up with a classic song that has been circulated for decades in the past life.

In this way, not only the box office should be guaranteed, but the classic old songs alone are enough for American music to make a lot of profits from the songs.

Decca Records naturally wanted to get involved, and it had just received $760 million from Chu Xiangqian to buy Universal shares.

It is not difficult for Decca to come up with $100 million.

But this company is timid after all, or it may be frightened by American music.

In the end, he only subscribed for US$50 in shares, and Chu Xiangqian cursed in his heart.

Seeing this, Dylan from American Records smiled and said to Chu Xiangqian, "Stark, then American Music subscribes for an investment share of 150 million."

Chu Xiangqian nodded helplessly. You can't say that the more you invest, the better, and the more you can embezzle from it.

I could only curse in my heart, but nodded with a smile on my face, confirming my investment in "Miss Millie".

As for distribution, it must be left to Universal.

This time, the film is a three-way cooperation between the major shareholder Decca Records, the second shareholder M&S Fund, which is the fund controlled by Chu Xiangqian, and American Music.

Even if Universal's management wanted to buy shares or raise the issuance fee, they would not dare to quarrel with three shareholders at the same time.

(End of this chapter)