Chapter 140: Planning the AMC (Part 1)
PS: There was a problem with the starting point, and it was only now that it was dealt with, sorry......
AMC Cinemas currently has more than 200 theaters and 1,200 digital screens. However, only 65 of them have self-built cinemas, and the rest are franchised cinemas. Due to the market downturn, the market value of AMC Cinemas is less than $800 million!
Just when the cinema market was in a downturn, AMC Cinemas suddenly received an acquisition request from the IMDB website, which surprised AMC Cinemas!
After discussion with the board of directors of the company, it was decided to contact the IMDB website first.
As soon as the news was announced, the IMDB website was strongly questioned by many investors, why should a company specializing in websites get involved in physical cinema companies? If cinema companies make money, it is fine, but most cinema companies are losing money, and in recent years, from the frequent occurrence of cinema mergers, it can be seen that the current situation of this industry is not very good!
"It was a bad decision!!"
"The IMDB website decision-makers are caught in the !!!"
“……”
Countless investors and senior Wall Street analysts have made statements that are negative about the IMDB website!
As a result, the stock price of the IMDB website fell by 10% on the day.
At this time, suddenly a small newspaper published a news: the reason why the IMDB website wants to buy the cinema company is because someone is arbitrary based on their preferences...... Subsequently, the newspaper confessed to Henry!
"A few days ago, Mr. Henry Williams, in his capacity as chairman of the board of directors of the Nicholas Group, attended a meeting of the board of directors of the IMDB website, and according to the information provided by the participants, it was Mr. Williams' decision to acquire the cinema company! At that time, many people objected to this matter, but Mr. Williams insisted on going his own way, and even said to those who opposed him on the spot, 'Whoever is not satisfied with his decision can withdraw his shares on the spot.!!'"
Rumble!
As soon as the news spread. Shocking!!
Henry Williams is still the chairman of the Nicholas Group, so he must hold a large number of shares, and his value will definitely rise by tens of billions of dollars!! the next day, the whole United States. Even the global media were shocked and frenzied, quoting the news of that tabloid and forwarding it to their own newspapers!
For a time, the whole United States was in an uproar!!
However, the unexpected is that. The stock price of IMDB website actually recovered in an instant, and the stock price was even higher than before the fall by 5% on the same day!!
"IMDB website invests in cinema companies, and the layout is far-reaching!!"
"The marriage between the IMDB website and the cinema company can definitely reverse the downturn in the cinema market in one fell swoop!!
“……”
Subsequently, countless investors and senior Wall Street analysts changed their tunes.
Marcy Filemon said excitedly: "Chairman, since your identity was exposed, there has been good news in the newspapers, and the stock price of our IMDB website has risen by !! one after another."
Henry touched his nose, "Uh, really? It's good if the stock price goes up, and it's good if it goes up......"
Henry didn't expect that after his identity as a Nicholas Group company was exposed, it would have such a big repercussion! Before, the IMDB website wanted to acquire the cinema company, and was scolded by investors, but in a blink of an eye, the wind direction immediately changed, and all of them praised IMDB's investment cleverness. When did my brother have this influence......
"Marcy Filipmon, go investigate. Who the hell leaked my identity to that tabloid office!!"
"Oh, okay!"
Apparently, someone was uneasy and deliberately leaked Henry's identity to the newspaper in retaliation for Henry's acquisition of the IMDB website. I just didn't think of it. After Henry's identity was exposed, the impact was beyond his imagination. Henry Williams has been slightly deified, like Warren Buffett, the stock god in the stock market, and whichever stock he is optimistic about, there must be a group of people who are crazy about chasing this stock. Henry is not a god though. But the companies he invested in were even more shocking......
Since it was Williams, the world's super-richest man, who asked IMDB.com to buy the cinema company, it must be right!
If you can't read it, then it's only your level!
Otherwise, how can others become hundreds of billions of super-rich!!!!
After AMC Cinemas learned that Henry Williams was behind the IMDB website, it actually opened its mouth during the negotiation and asked for $1 billion! Of course, the IMDB website did not agree.
Henry said to Marcy Philemon: "AMC likes to open his mouth widely, so hang him first, talk slowly, and don't be in a hurry." The Chinese Theater is a landmark in Hollywood, hosting several Oscar ceremonies, and there are one or two hundred famous film actors from different periods and styles, from Marilyn Monroe to Stallone, who have left their handprints and footprints here, and these superstar imprints have become a characteristic attraction of Chinese theater today!!
"The acquisition of China Theater will not only greatly enhance the reputation and influence of our website, but also give us more bargaining chips! AMC will definitely think that IMDB may abandon its acquisition plan for AMC and acquire other theater companies instead, so it will have to reduce the price!"
Marcy Filimon nodded in agreement: "Yes, that's right!"
Henry smiled, picked up a glass of red wine and shook it, jokingly, "Of course, we don't have to do that. Isn't there a lot of theaters in AMC Cinemas, hehe, how to pry the corner, I don't need to talk about it, although I'm very good at this......"
"Hehe, chairman, I know how to do it!!" Marcy Philemon laughed.
The reason why other theaters rely on large theater companies is actually very simple, that is, with the help of the strong influence and voice of theater companies, they can get more box office shares when negotiating with film distribution companies!
If all the franchised theaters of AMC Cinemas defect, AMC Cinemas will not have much influence, and only with 65 theaters built by AMC in its hands, it is far from having the right to speak before, and the box office share will inevitably be reduced a lot! AMC's market value will also shrink significantly!!
This trick will definitely hurt AMC's muscles and bones, forcing it to comply!!
At present, the theater chain is sluggish, AMC is really not very good, and some franchised theaters have a very low attendance rate and have been losing money. However, when collecting information, Henry found that the bankruptcy rate of theaters in the United States is high, and the market is obviously not good, but there are still people who are willing to take over these bankrupt theaters! Henry thought about it, and there must be Hollywood studios behind it!
The monopoly law in the United States does not allow film companies to hold theaters, but film companies indirectly control theaters through various means!! so that film companies are actually buying theaters, but the means are very obscure, so people can't see it. And even if these theaters are losing money, it doesn't matter, the film company screens the movie through the theater to start the popularity of the movie, even if the box office loses money, but the popularity of the film goes up, you can make money on peripheral products!!
And peripheral products are the real benefits of a movie!
(To be continued.) )