Chapter 402: Digging People (1/5)
Lao Wang has long seen the future of the domestic real estate market, and the property market has passed the period of savage growth and entered a steady adjustment.
Or rather, the country is ready to cut leeks!
Yoshiaki Tsutsumi's Seibu Group and Yaohan went bankrupt, which made him very vigilant!
Frankly speaking, Lao Wang has a very set.
Although Zhang Junsheng said that he sold a house, anyone who can do the ultimate in one thing is very admirable!
Wang's fortune is definitely not something that can be done by mere people, and his success lies in how he is able to navigate the line between business and power!
Personal charm is very important in order to have a good father-in-law.
Secondly, you must be sober at the critical moment before you can stand on the right team immediately.
After the demobilization of the army, he worked in a construction unit in Dalian, and then mixed up with a petty official, after the reform and opening up, he came out on his own and bought a piece of land that no one else wanted to buy, everyone thought that it was not good, Wang not only bought it, but also invested all the money to build a high-end residence!
How advanced is it?
There was no such residential area before the big * company!
Because the cost has increased significantly, no one wants to buy this expensive house, and everyone says Wang Jianlin, are you stupid?
Facts have proved that Lao Wang does have a set, and that residential area is a big seller!
Then, he went to the capital, and pulled the political background for the next few decades - businessmen who don't understand politics in China can't do much. Either they were snatched by tricks, or they were petty and hard.
Realizing that the ceiling of real estate is coming, Lao Wang took the opportunity to make a decision and transform!
Do the entertainment industry!
Entertainment has no ceiling!
Therefore, he chose to start with the theater chain.
As we all know, cinemas, as a part of the production chain, have never been taken seriously by Hollywood - because they can't make any money!
However, as long as you master enough theaters, you will definitely be able to feed upstream...
With the world's No. 1 cinema chain in hand, Wanda has the right to dialogue with the six Hollywood majors on an equal footing;
and can rely on the cinema chain to acquire a content manufacturer and establish a distribution system;
Most importantly, the Chinese government has reached an agreement with the United States to ease restrictions on Hollywood, and this agreement calls for increasing the opportunities for private companies to release imported films, which means that a third license for the distribution of imported films is likely to be issued.
With the world's largest cinema chain in hand, Wanda is in a good position to compete for a third license.
Of course, the cards weren't enough, he also needed to prove his skills in filmmaking!
Wanda Film and Television has invested in and released several films, but the box office and influence are insufficient.
looked at the box office rankings of movies and came to the conclusion that the construction of the domestic film industry is far from keeping up with the speed of box office growth and the speed of the Chinese people's pursuit of high-quality films....
He needs to take advantage of Hollywood's powerful film industry, and of course, the best way to outflow capital is through overseas mergers and acquisitions...
Wanda needs upstream production!
If he had to choose for himself, he would definitely choose MGM instead of Legendary Pictures!
However, MGM's price is too outrageous, $6.8 billion + $4 billion in debt, $10.8 billion, Lao Wang can eat it, but the country is not necessarily willing to approve it...
Then I chose Legendary Pictures.
They have already talked about it with the legend, but they didn't expect Yuehua to intervene at this time!
……
"Participating in the production and owning the rights are two different things, the rights to "Batman" and "The Hangover" are in the hands of Warners, "Jurassic Park" is in the hands of Universal, and "Godzilla" is in the hands of Sony, in fact, the legend has no valuable film resources. ”
"Legendary Pictures is a film investment company. Legendary Entertainment, the parent company of Legendary Pictures, is a joint investment of 6 private equity firms. Legendary Pictures mainly cooperates with major Hollywood studios through a strategy of platter investment. Previously, he worked with Warner Bros. for 8 years, invested in 40 Warner films, and later did not renew the contract, and then cooperated with Universal Pictures, but the performance in recent years has not been outstanding. ”
"At present, the overall "environment" of Hollywood films is not very good, and it is difficult for Legendary Pictures to participate in some high-quality projects, so the investment risk is very high. This is also why Legendary Pictures was "left behind" by Warner Bros., who had worked together for eight years. ”
Wen Ziren and Freman, the two of them are explaining Legendary Pictures to Zhang Junsheng through video...
"Of course I know that Legendary Pictures is not worth much, and the reason why I bid is to raise the price!"
Zhang Junsheng pouted, he has a peak, the peak has a large number of high-quality IP resources in his hands, and he will be burned immediately after reading.
When my brain is in water, I will choose Legendary Pictures...
What does Legendary Pictures have?
To put it bluntly, if Zhang Junsheng wants, he can contact a few bigwigs and set up a platter investment company by himself to acquire Legend...
There's something wrong with him!
Wen Ziren changed the topic: "Last week, "Latent 2" was $52.56 million in the first weekend, and this series can continue to be made!"
“… The box office is so high, Ray Werner is doing a good job!"
"It's okay, but Yijiang Entertainment's first movie, "The Girl with the Dragon Tattoo" didn't do well at the box office..."
"It's okay, David Fincher's movie DVDs are selling very well, and I can't lose much money!"
"I hope so..."
"The Girl with the Dragon Tattoo" invested 90 million US dollars, the investment is a bit high, of course, the filming location is in Sweden, and the local tax refund is 30%, so there is also an investment of more than 60 million US dollars!
It is estimated that the probability of recovering the cost through the box office is not high!
Peak Craftsman Entertainment signed a five-film contract with David Fincher, and immediately after reading, he also signed three TV series with him...
There's always going to be a blockbuster!
"House of Cards" is going live soon...
……
After discussion, Lao Wang and Wanda's senior management believed that as long as Wanda won Legendary Pictures, Yuehua would definitely retreat!
Of course, if the purchase price exceeds $4 billion, Wanda will abandon the acquisition and move on to other companies.
American Hollywood movies, Miramax, and DreamWorks Animation are all high-quality resources!
After the meeting, Wanda's acquisition team quickly adjusted the offer, raising the purchase price from $3.5 billion to $3.9 billion, which was $100 million higher than Yuehua's offer.
Sure enough, after Wanda quoted again, Yuehua directly chose to give up!
Obviously, they're here to raise the price!
Lao Wang's liver pain, which could have been solved for $3.5 billion, has now cost an extra $400 million...
Fortunately, it is the bank that pays the bill...
Really spend your own money... Where did he get his money?
Wanda's profit last year was 9 billion yuan, and the bank owed nearly 400 billion yuan, and it was a bit difficult to pay interest.
Now the policy is biased towards real estate, wait until deleveraging, more stable macro control measures are implemented, and wait for the sale of assets!
"Call Ye Ning and Tang Ningyu, and say I want to see them!"
Zeng Maojun was taken aback: "Ye Ning, Tang Ningyu, Ye Ningyu, Tang Ningyu?"
"Yes, it's the two of them!" Lao Wang sneered: "It is said that these two people are Zhang Junsheng's right-hand men, and I am in a hurry, I cut off his arm!"