Chapter 561: The Lion's Mouth Opens Wide
Because of the steady performance, Coca-Cola bought Columbia, and in the same year, HBO, a cable channel owned by United Times of Columbia, and CBS created Samsung Pictures.
However, just two years, in 1984, CBS lost its enthusiasm for making movies and withdrew from the new company, and three years later, HBO also withdrew. In December 1987, Samsung Pictures was merged into Columbia. Since then, Colombia has become more interested in forming new companies, first forming Nielsen Entertainment with partners from the United Kingdom and Canada, co-founding Victory Films with the old French company Gaumont, and then founding Castle Rolling Stone Entertainment.
Over the years, Colombia has not only produced successful titles such as "Baby" and "Ghost Hunter", but also produced a lot of money-losing goods.
In recent years, the overall performance of American film companies has not been very good, if it is good, it is the twentieth century Fox that has cooperated with Qiao Feng the most, as well as Disney and Paramount, which focus on adult fairy tales.
This is the best performing film company, as for the others, they are more or less not developing well, and they lose more money than they make money.
Therefore, this is also the reason why the original space-time, whether it is MGM or Columbia or Universal, can be acquired, and it is really not very profitable.
For businessmen, what do you have to do if you don't make money, if someone buys it, sell it quickly.
Coca-Cola made up its mind to give up the high-profile film business and return to its roots, and it happened that Qiao Feng was sideways by Sony when he bought MGM, and as a result, Qiao Feng turned to buy Columbia.
The sleepiness came to the pillow, and the purchase of Qiao Feng, Coca-Cola was willing to be a hundred and a thousand.
In particular, after Qiao Feng opened his mouth and offered a sky-high price of three billion US dollars, Coca-Cola had nothing left to be reserved.
You must know that when Coca-Cola bought Columbia's shares, it didn't spend a billion dollars in total, and now if it is sold to Qiao Feng, in just five or six years, Coca-Cola will make two billion dollars, which is more profitable than selling Coke.
It's just that Qiao Feng's quotation is too neat, and the price is too high. Qiao Feng seems too urgent, especially when MGM is sideways by Sony, Qiao Feng's impulsive offer makes Coca-Cola people think that there is a cheap price to take advantage of.
They think that Qiao Feng was stimulated by Sony, and his face was lost by Sony, so Qiao Feng at this time was in an abnormal state, and Qiao Feng at this time was likely to desperately want to earn back face because of the loss of face.
Since Qiao Feng sincerely wants to buy it, and his willingness to buy it is very strong, he wants to take Columbia and step on MGM under his feet, Coca-Cola will naturally not let go of this opportunity for the lion to open his mouth.
Anyway, financial magazines have investigated and estimated Qiao Feng's net worth, and roughly speaking, Qiao Feng's net worth is more than three billion US dollars, and as for how much it exceeds three billion US dollars, it is different.
Some say that Qiao Feng's worth is less than four billion US dollars, some say that he is worth more than five billion US dollars, and some exaggerate that Qiao Feng's net worth is more than 10 billion US dollars, because Qiao Feng harvested heavily in the stock market turmoil last year, and he didn't know that he had made billions of dollars using leverage.
But no matter how it is reported, almost all magazines and newspapers believe that Qiao Feng's net worth is more than three billion dollars.
For this reason, Coca-Cola directly rejected Qiao Feng's offer and gave them a price of $4.5 billion.
Of course, Coca-Cola certainly doesn't think Columbia is worth so much money, and it doesn't think Joe will spend so much money on Columbia, but that doesn't stop them from making such a bid.
Although Americans don't have this idiom, Americans still understand the truth of asking for money on the spot.
Compared with Corkrian's shameless behavior of raising prices from 1.5 billion to 2 billion dollars after finding out that Sony was not bad for money, Coca-Cola is still face-saving.
At least, Coca-Cola didn't say that the price negotiated with the other company was almost finished, but it turned out that this one was not bad for money, so it kicked out the other one and set a higher price to negotiate with this one.
Qiao Feng wants to buy it here, Coca-Cola wants to sell it, first of all, after this point is agreed, the remaining question is whether the price of the two sides can be negotiated.
If nothing else, there is a 90% chance that the acquisition will succeed.
was still secretly happy to finally kick Qiao Feng away, saying that this movie is in the United States, and Sony is at the end of the Hong Kong movie in Hollywood, Akio Morita is dumbfounded.
They thought that it would be a big victory for them to snatch MGM from Qiao Feng's mouth, but they didn't expect that Qiao Feng would make an offer for Colombia, which had a good performance.
The key is that Coca-Cola is so rich, they even agreed to Qiao Feng's purchase, why are you so poor?
There is a swear word that I don't know whether to say or not.
Look at Qiao Feng's side talking about more than $4 billion in acquisitions, but on his side, he is talking about $2 billion acquisitions that were originally only 1.5 billion and finally people forcibly raised the price.
Originally, I still felt very good when I talked about my two-billion-dollar acquisition, and I felt that I was broken.
However, compared with Qiao Feng's side, this is not a little bit worse.
This makes the national self-esteem burst Akio Morita and the Sony personnel how to be convinced, how can they be willing.
We're Sony, but we're a huge multinational conglomerate, and how can we be compared to one person, it's absolutely impossible.
We cannot be compared to one person, let alone a Chinese.
In the United States, in Hollywood, in this capital-conscious world, we will never allow such a thing to happen again.
However, two billion dollars to buy MGM feel that it is not good, and he can't raise two billion three billion dollars on his own side in order to have a long time with Qiao Feng.
On the other hand, Qiao Feng's offer of $3 billion on the one hand, and $4.5 billion in return for the other side attracted everyone's attention in an instant.
Not only Hollywood, not only all walks of life in the United States, but even places like Europe and Hong Kong, where the literary and artistic film market occupies a large stream, all walks of life, especially the economic circles and entertainment circles, have set their sights on Hollywood, Colombia, and Coca-Cola have invested in Qiao Feng, who can always make a little wave in the United States once he goes to the United States.
"Thirty-five billion dollars."
A week after starting negotiations with Coca-Cola, Qiao Feng finally relented and loosened the three-billion-dollar offer to $3.5 billion.
As soon as the mouth was relieved, it was 500 million US dollars, Wall Street, and even the entire American economy and entertainment circles and even Japan, and all those who followed the negotiations in Hong Kong were shocked for a moment.