China Entertainment’s Born Protagonist

Chapter 301 Someone wants to invest

Zhang Nanyi had heard of Su Mang's reputation in his previous life. He was also a veteran of Vanity Fair. Photos of him sitting on the laps of several big bosses were also widely circulated.

Zhang Nanyi got to know the three of them for a while, and then said: "This is my girlfriend Zhang Zilin, who is now a model of New Silk Road."

With the trait of being deviant, Zhang Nanyi has already called some women his girlfriend in private situations.

It’s just that I still didn’t admit it in public.

Hearing Zhang Nanyi's introduction, Zhang Zilin smiled happily, and everyone got to know Zhang Zilin politely.

Everyone had just exchanged a few words when a middle-aged man with glasses and dark skin walked in.

After coming in, he saw that everyone was here and said quickly: "I'm sorry, everyone, there is a traffic jam on the road, I'm late."

Xiong Xiaoge immediately smiled and said: "A verbal apology doesn't work, I'll have to drink a few more drinks later.

Mr. Zhang, this is Mr. Gao Qunyao, Vice President of Star Media, a subsidiary of News Corporation in Asia. "

Xiong Xiaoge, President of DIG Asia, Xin Wenning, President of Hearst Capital China, and Gao Qunyao, one of the executives of Star Media.

Star Media is a subsidiary of News Corporation in Asia. It owns Phoenix TV, ESPN Asia and other TV stations, covering more than [-] countries in Asia, India and the Middle East.

This Gao Qunyao later led Wanda Group's overseas entertainment industry mergers and acquisitions, such as the acquisition of AMC theaters, etc., all of which he led.

These people, in today's era of rampant foreign investment, are the spokespersons of large American groups in China. Their influence and status in the country are not small.

After everyone was seated, Xiong Xiaoge, as the contact person, said: "Mr. Zhang, you are also a very busy person, so it is not easy to have a meal with you. If I have anything to do, I will talk straight to the point.

We, IDG, Hearst Capital and News Corporation, have jointly formed an investment fund in the new media field called New Media Fund. "

The past few years have been a period of frenzy for domestic investment promotion. American consortiums and capital are also optimistic about the development of China's emerging market, so they are investing very actively.

Hearst Capital has entered China since 1998. In China, it has jointly launched magazines such as Harper's Bazaar with IDG, and has also participated in many investments, including Tengxun's investment.

Not to mention IDG and News Corporation. They cooperate very closely with the authorities. Yangshi just signed a cooperation agreement with News Corporation last year. Cable TV signals are transmitted and received using the system developed by NDS Group, a subsidiary of News Corporation.

These three companies are now joining together to set up a fund specifically to invest in the new media field.

This fund later invested in many companies in China, the more well-known ones include Bilibili, Light Chaser Animation, etc.

Xiong Xiaoge continued: "We are very interested in the companies such as Xiaonei.com, Nanyi Culture, and YY Communications founded by Mr. Zhang.

Especially Nanyi Entertainment Group, you have laid out plans in many fields such as film and television production, artist management, theater industry, and copyright operations, which is very impressive. "

Zhang Nanyi smiled and said: "Mr. Xiong, you are really trying to find every opportunity. You told me that you wanted to invest in Jingtao Rescue, but after we met, we started talking about investing in the company."

Jingtai Rescue originally gave Xianglong Pictures an investment share of 1000 million. However, after Xianglong Pictures invested in Yun Shuiyao, it was short of funds and could not find the money to invest in Jingtai Rescue. This old film company in Bay Island is Really in decline.

Zhang Nanyi originally wanted to find Liu Daqing and others to invest, but Xiong Xiaoge got the news out of nowhere. He called Zhang Nanyi and said that he was willing to invest in the film and that he could participate in the overseas distribution of the film. Give help.

So Zhang Nanyi came to attend the dinner.

Unexpectedly, after arriving, there would be a huge battle. In addition to Xiong Xiaoge, there were other people, and they talked about company investment.

It can only be said that these investors will use various tricks when they see profitable projects.

Xiong Xiaoge laughed loudly and said: "The investment in the movie is only 1000 million, and it is a project starring Mr. Zhang, so we are definitely willing to invest.

There is no need to discuss this matter. I think it is still a matter of company investment, which is more important. "

Seeing that Zhang Nanyi didn't speak, Xiong Xiaoge paused and continued: "Mr. Zhang, you should have heard of Focus Media.

This company was established the year before last. With the operation of capital such as SoftBank and Goldman Sachs, it is already preparing to be listed on Nasdaq.

It will become the first Chinese media company to be listed on Nasdaq.

What does this company have?It's just some cheap advertising resources, but capital can make it take off. After going public, the company boss can use the listing funds to carry out mergers and acquisitions, rapidly expand the business, and become a giant in the domestic media industry.

If the performance after the merger is not satisfactory, the boss can also cash out and leave, advance, attack, retreat or defend. This is the benefit of capital operation. "

As a veteran of capital operations, Xiong Xiaoge saw things accurately and told Zhang Nanyi the truth without hiding anything.

With the money obtained after Focus went public, it was indeed bought a bunch of companies, and its business expanded rapidly. Unfortunately, the operating results were not good.

So boss Jiang Nanchun and others began to cash out, and successively reduced their holdings by more than one billion yuan. It was a Chinese company that was earlier than Ruixing, and cut the rice country's leeks.

It’s just that Jiangnan was simply not a good person. Seeing that the US market could no longer be harvested, it privatized and delisted, returned to A-shares, and made a big profit in the Chinese market.

Xiong Xiaoge had already thought of his words before he came, so he said unhurriedly: "Your Nanyi Entertainment Group is much better than Mass Media. Proper capital operation will help your company develop more quickly.

The domestic economy is now in a period of rapid development, with annual GDP growth exceeding 10%.

In this context, you should get more money, accelerate the expansion of the entertainment group, and seize resources and markets.

If you continue to develop slowly step by step, too many opportunities will be missed, and you will be overtaken or even defeated by competitors.

As far as I know, Mr. Yu from Bona Pictures is already in contact with Sequoia Capital. The two parties have not reached an agreement on the valuation, so the financing is temporarily on hold.The Wang brothers of Huayi have already hired professional financial talents with high salaries to prepare for capital operations.

Although Huayi is missing Wang Jinhua and a group of big-name stars, it is not without good news.

In addition to the box-office hits of "A World Without Thieves" and "Kung Fu", the state's restrictions on private capital-controlled film studios will be further relaxed this year.

Huayi's acquisition of Xi'an Film Studio should be a certainty. In this way, they will also have the ability to distribute movies, making up for one of their business shortcomings.

At the same time, Huayi also accepted an investment of 3500 million from Huayou and began to flex its muscles in the field of music records.

Once companies such as Huayi and Bona start capital operations before your company, they can obtain large amounts of funds and expand their business sectors.

Under the circumstances, the development of Nanyi culture will definitely be affected. "

Zhang Nanyi took a sip of tea and said calmly: "What you said makes sense. I am not opposed to capital operation, but why should I choose your investment?"

Hearing Zhang Nanyi's words, Xiong Xiaoge looked happy.

He has been under a lot of pressure recently. IDG's investments during this period were not considered successful, especially eBay, which had high hopes, but is now being suppressed miserably by Taobao.

Xiong Xiaoge urgently needs a successful investment to stabilize his position and increase his personal income.

Xiong Xiaoge said: “We at IDG have invested in many Internet companies and have strong media resources at home and abroad.

Domestically, we are still shareholders of Shouhu.

Hearst Group has extensive influence around the world in newspapers, television stations, magazines and other businesses, not to mention News Corporation, one of the world's largest media groups, which also owns companies such as [-]th Century Fox. movie company.

The fund established by the three of us will invest in your company, and it will be of great help to your company in all aspects of artist packaging, news promotion, and distribution of film and television works.

For example, this time you established Warner Antarctic Records with Warner Music to release your new album.

We will take care of the coverage of your new album in newspapers and TV stations. "

When companies with development potential are looking for investors, they should either find investors with backgrounds who can support them, or investors who can help the company develop. This is the most ideal situation.

According to Xiong Xiaoge, accepting investment from their fund will indeed help the company's development.

However, Zhang Nanyi is still very calm. These three groups may take some care of Zhang Nanyi's company because of their investment, but if it is to say that it is a very big help, it will definitely not be enough.

Especially in global business, Xiong Xiaoge and others have limited influence.

Zhang Nanyi said: "Mr. Xiong, if you invite me out, you must have prepared it in advance. Do you have an investment plan? Or a valuation plan?"

Xiong Xiaoge was stunned for a moment. Usually it was the founder of the company who needed money and came to him with an investment plan for financing. It was extremely rare for people like Zhang Nanyi to go back to investment institutions and ask for plans.

Xiong Xiaoge calmed down and said with a smile: "Don't you have the plan yet? I came here today just to have a preliminary communication with Mr. Zhang, but we also have a rough judgment on the valuation.

The main body we want to invest in is Nanyi Entertainment Group, which is composed of four companies: Nanyi Culture, Nanyi Entertainment, and Nanyi Copyright has established theaters.

The initial valuation is 30 billion, and we hope to invest 6 million to get 20% of the shares. "

This valuation can only be said to be very sincere. After all, the valuation of the entertainment industry and the entire industry is not high.

Huayi just raised a sum of money at the end of the year, 1200 million yuan for 15% of the shares, and the overall valuation is around 6 million.

The market value of Yinhuang, a listed company, currently does not exceed 20 billion. The first round valuation of Nanyi Entertainment Group was 30 billion, which is already a very promising performance in the market.

Xiong Xiaoge gave such a valuation because of Nanyi's copyright and Yili Cinemas, as well as Zhang Nanyi's creative ability.

However, Zhang Nanyi was not satisfied with this. If Nanyi's copyright and Yili Cinema were taken away and given such a valuation, he would happily accept it.

Nanyi's copyright is now Zhang Nanyi's money-making tool. The revenue from the ring tones business every quarter is very objective. In the fourth quarter of 2004, the revenue reached 9000 million.

With this income, the main reason is that Nanyi Copyright bought a lot of song copyrights in the market and used them to operate the ring tones business. For example, Daolang's song copyrights were all bought at a price of 200 million.

Moreover, after YY and Huaguo Mobile reached in-depth cooperation, Huaguo Mobile gave priority to recommending songs copyrighted by Nanyi in the ring tones business, which gave it an advantage in channels.

Moreover, Nanyi Copyright has been acquiring other copyrights such as novels. This is a resource that will continue to appreciate in the future, and Zhang Nanyi will not use it for financing.

As for the Yili Cinema Line, Zhang Nanyi feels that the national income still needs to be improved, and the theater chain can take its time. Expanding too quickly is not a good thing, as it will waste funds, so there is no rush to raise funds.

So Zhang Nanyi said: "I don't plan to raise funds for Nanyi Copyright and Yili Cinemas for the time being. In fact, I am really not short of money. To put it more arrogantly, if you give me 6 million, I will have no use.

The construction of our company's headquarters building and science and technology park has already started, and we didn't even use bank loans. "

Zhang Nanyi is indeed not short of cash flow. The income from the game business is very high. In addition, after the launch of YY membership and fashion products, it has been generating income, as well as the ringtone business income.

The company's financial situation is really very good, otherwise it would not have an annual meeting to issue tens of millions of bonuses and reward millions of real estate.

Hearing what Zhang Nanyi said, Xiong Xiaoge looked a little solemn. Unexpectedly, Zhang Nanyi said again: "Actually, we still have projects that we can cooperate with. I have two projects here, one is about to be launched, and it will need financing in the future. When the time comes, you can lead the investment.

The other is an investment project in the United States. I am willing to sell it. If you are interested, you can also discuss it. "

(End of this chapter)