China Entertainment has been a director since 08

Chapter 255 Admiration and Contempt

Li Hao actually admired Boss Jia's ability.

That mouth has at least [-]% of the power of an alien.

I don't know how many investors and celebrities have been fooled, and I don't know how many celebrities have endorsed LeTV's platform.

Last year, LeTV was still favored by investors. It seemed that in two or three years, LeTV would be the next Ali and Tencent.

Last year, no one would have believed that LeTV would fall down.

Not to mention that ordinary people don't believe it, even business tycoons like Sun Hongbin don't believe it. Sun Hongbin spent 60.41 billion yuan to acquire 8.61% of LeTV's shares from Boss Jia and became the second largest shareholder.This price is equivalent to 701.6 billion yuan for the stock price of LeTV, and the valuation of LeTV in May 2015 reached 5 billion. Sun Hongbin felt that he had made a lot of money.

Not only LeTV, Sun Hongbin also spent 79.5 billion yuan to acquire a 33.5% stake in LeTV Zhixin through equity transfer and capital increase, becoming the second largest shareholder. At that time, the share price of LeTV Zhixin was 237 billion yuan, while The market valuation of LeTV Zhixin is 300 billion.

Sun Hongbin spent 10.5 billion yuan to acquire 15% of the shares of LeTV Pictures from LeTV Holdings and became the second largest shareholder. The share price of LeTV Pictures is 70 billion yuan, while the market valuation is 120 billion yuan!

It can be said that the three deals, based on the books, Sun Hongbin made a lot of money.

At that time, all kinds of experts were also exaggerating, thinking that Sun Hongbin was very good, and made a lot of money.

Not long after, Boss Jia ran away, and everyone was dumbfounded.

Everyone looked at Sun Hongbin again, as if they were looking at a fool. They all thought that he was fooled by Boss Jia.

Sunac’s plan to issue 7 billion yuan of corporate bonds was terminated by the Shanghai Stock Exchange on July 18. Two major international rating agencies downgraded Sunac’s credit rating, and Sunac once fell below 100%.

Some people speculated that it was dragged down by LeTV.

Of course, Li Hao also despises Boss Jia, so he can just run away by himself, and he has to bring his wife and children with him anyway.

The result is good, leaving his wife and children in the country to worry about fear, he is alone in the United States, living a luxurious life of a rich man.

"If one day, the company is in trouble, will you follow Boss Jia's example and leave our mothers behind~~" Tong Liya looked at Li Hao.

Li Hao pinched Tong Liya's nose amusedly: "What nonsense are you talking about? I will never run away, and I will never leave you two behind. No matter how difficult it is, I will face it."

Doupo filmed for another half a month, and on New Year's Day, the crew had a three-day holiday.

Li Hao and the others returned to the capital.

On January 1, Li Hao held a company meeting at Haotian Media.

Only the heads of various film and television companies and the executives of Haotian Media participated in this meeting.

In the conference room, Li Hao introduced the agreement with Wang Jianlin.

"I have promised that Wanda Cinemas will pay Wanda Group in advance, and Wanda Group will use high-quality assets as a completion guarantee." Li Hao said: "Haotian Media now has 49.8 billion funds, Tiangong Animation has 18.9 billion, and Wanda Cinemas has 12.5 billion. 101.06 million, the amount that needs to be paid is [-] billion!"

If it was a few years ago, it would not have cost so much money. However, in recent years, the cost of land, labor and materials have also risen, which makes the construction cost of Wanda Cinemas also rise.

The three items mentioned by Li Hao are funds that can be mobilized on the books.

"Another one, Wanda Group proposed the acquisition of AMC Theaters, 11 billion US dollars, 60% of the shares." Li Hao said: "I thought about it, and think that the acquisition of AMC Theaters is beneficial to future development."

"So, I need to hear everyone's opinions."

If it's just a single one, Haotian Media can take it without pressure, but if it's two at the same time, it will have to use the funds of its film and television company.

During this period of time, Li Hao has been thinking about whether to acquire AMC theaters.

Haotian Media's current overseas distribution is mainly divided into three parts. Among them, the Nanyang region is distributed by the Nanyang Theater Alliance; in Japan and South Korea, the company cooperates with Japanese and Korean theaters. Talk to theaters.As for Europe and the United States, it relies on Wanda's relationship and is mainly established in AMC theaters!

It is also true that the films of Haotian Media have a place in the international market.

For example, in Europe and the United States, without the full support of AMC theaters, it would be a hassle to enter mainstream commercial theaters!
It can be said that once Wanda sells the AMC theaters, Haotian Media may lose the channel of European and American theaters.

Movie theaters need movies, but movies also need movie theaters.

Li Hao feels that if the global distribution network is not built for one day, Haotian Media will be under the control of others for one more day.

Now that Wanda Group is in trouble, it is conducting a tearful fire sale. As long as it acquires AMC Cinemas, 60% of the shares are enough to completely control AMC Cinemas. In this way, Haotian Media will have global distribution channels.

When Wanda acquired 100% of AMC, it cost US$26 billion, but now it only costs US$60 billion for 11% of the shares. US$11 billion can make up for Haotian Media’s shortcomings. Li Hao thinks he can give it a try.

Everyone discussed in low voices.

Part of the money raised by Tangren Film and Television has already been used to invest in video websites, investment in film and television projects, and purchase of equipment.

However, the funds that can be mobilized by the five listed film and television companies still exceed 200 billion!
The advance payment to Wanda Group has already been made by Li Hao, and there is nothing left to discuss. Now they are discussing whether to acquire AMC Cinemas.

The benefits of acquiring AMC theaters, what stars care more about is that they can take this opportunity to enter Hollywood and develop from Chinese first-line stars to international superstars.

This attraction is undoubtedly very large!

Among them, only Zhang Ziyi and Jing Tian are internationally famous, and the others are not internationally famous at all, at most they are in China, Southeast Asia, Japan and South Korea.

"The Martian" starring Hu Ge and "The Wandering Earth" starring Wu Jing sold well at the box office in Europe and the United States, but their popularity is not high.

So, all the stars agree.

After all, this is good for them.

"Mr. Li, will this affect the listing of other film and television companies in the future?" Cai Yinong asked a question.

Soon after New Year's Day, Yang Mi Film and Television Company will go public, and after the Spring Festival, Zhang Yimou Film and Television Company will go public!
In 2018, at most until 2019, all other film and television companies will be listed, either on the stock market or on the New Third Board!

She was afraid that the money raised by these listed companies would be invested in the acquisition of AMC theaters, which would affect the market's confidence in film and television companies.

After this year's IPO, Cai Yinong has long been different from Tangren. Knowing the stock market, the most important thing is the confidence of stockholders in the market.

If there is no confidence, no matter how good the financial report is, there will be endless chatter about the stock price.

If you have strong confidence, even if you lose money year after year, the stock price will continue to hit new highs.

(End of this chapter)