Chapter 980: Film and Television Music

With excellent performance, Miramax and DreamWorks Animation completed the merger according to the ratio of shares to 7 to 3, and the name of the newly listed company is the combination of Mira and DreamWorks Animation. Zhou Shi's capital just retains 35 percent of the shares, and he continues to have a veto power.

The new company went public, and the stock price rose all the way to $12 billion. At a time when traditional film and television companies are weakening, it has won the trust of investors. This makes Miramax the seventh largest in Hollywood by market capitalization. Except for the absence of a television network, Mira has everything to become a giant.

In addition to normal film and television drama production, animation production, games, peripheral licensing, etc., if you can, you can also cooperate with MGM, which is operated by Mira, and use each other's IP to jointly establish an amusement park, even if it is not as good as Disneyland, maybe you can survive. However, what IP is suitable for amusement parks? Forget it, no matter, now that the IP is exhausted, it is always okay to remake or change MGM's movies!

Zhou Shi listened to the report, and their vision of New Miramax & DreamWorks Animation, he was still very satisfied.

With the development of Yahoo, the popularity of today's headline products, and Netflix being silently in his hands, his demand for Miramax and Starlight Film and Television is getting smaller and smaller. I didn't care much about these two companies, but the CEOs of these two companies had their own ideas while implementing the Zhou Shi plan, and they developed very well.

The vigorous vitality has attracted a group of talented directors to join Miramax, and the development of the company has been supported by a steady stream of funds from China and India.

With money and talent, Mira is successful for a reason.

Putting down Mira, Zhou Shi picked up another document, and EMI Music wanted to go public.

Since EMI's acquisition of LiveNation, both companies have entered a period of rapid development with the support of capital. The music world of the Lighthouse Country is still divided into four parts, but the days of Baidai are much better, and Sony Music is the most hit because of the dispersion of power. Who made EMI go half a step ahead of Universal, Warner......

Slowly transforming from a record company to a service company, while ceding benefits, it has also expanded its own service scope, such as Internet celebrities and music lovers who have grown up with video sites such as YouTube. EMI provides them with professional services, from music recording, music direction to song promotion, etc., charging different prices according to the value of different services. Although the market size is still small, the revenue growth rate is gratifying. Recording may go from a lofty choice to a relatively popular hobby!

Of course, the fastest growing company in EMI is LiveNation, a live music company. The annual income growth rate of more than 10% is not ordinary.

"Why do you choose to go public now, isn't it better to wait for a year or two?" Zhou Shi was a little puzzled, the company is not short of money at present, and the development speed is very fast, is it really necessary for Baidai to go public?

"LiveNation is competing for market share and the best way to expand into the UK market is to acquire established brands. A listed company is more conducive to this kind of operation, and the target company is more inclined to cooperate with listed companies!"

Whether to go public or not is not only a problem of capital, but also a problem of the company's reputation. In general, listed companies are more credible. But if it grows to the extent of Huawei, it depends on your own considerations whether to go public or not. However, even if a large enterprise is not listed, it must disclose the company's operation information to the public, which is the guarantee for maintaining social and economic order.

"There is no contradiction between the two companies, right?" Zhou Shi

"There must be contradictions, but everyone is very restrained......"

The development speed of the two companies is not the same, and the contribution to the head office is very different, but there is not much difference in the status of the two, how can there be no contradiction?

"Then what is our valuation level?" Zhou Shi has no interest in their contradictions, and if he doesn't do well, he will leave, and he can always solve the problem.

"About $8 billion?"

"So low?" Zhou Shi, when Baidai acquired Livenation, what was the valuation of this company, Zhou Shi couldn't remember clearly. But Warner Music had a market capitalization of $3 billion a few years ago, shouldn't it be even more awesome now?

"It's just the beginning of contact, this is a conservative estimate"

"Then don't worry about so much, don't talk about a valuation of less than $10 billion, we don't miss that money......" Zhou Shi, it is impossible to sell a company cheaply, Universal Music, which absorbed the heritage of Hundred Generations in the previous life, has a market value of 50 billion US dollars a few years later, and Baidai now has LiveNation, which is strong and strong, and it is impossible for the market value to be less than 10 billion US dollars.

"Okay, I'll arrange it!"

Seeing that his companies have begun to go public one by one, his influence will also decrease with the listing, of course, the advantage is that he can better cash out and relieve his own financial pressure. This is naturally a good thing for Buffett and others, who don't have much control in the first place. Zhou Shi can't stop it!

"Is Huaxia's branch also within the scope of listing?" Zhou Shi

"Yes, we are not prepared to separate the Chinese market. There is a lot of potential here, but the current market share of the head office is not large. ”

"Oh, okay!" Zhou Shi, the music market in Huaxia is even worse, not to mention zero, anyway, record sales can be basically ignored, and the consumption of digital music, hehe, or streaming media, so there are more highlights.

As the largest music streaming company in China, Penguin Music's biggest source of profit is not membership income, hey, you can imagine how big the music market in China is. The activity of the market is more about music consumption supported by the Internet celebrity economy.

Douyin and other short music videos and entertainment live broadcasts have a great demand for music copyrights, and it can be said that the development of the music market and the improvement of the overall living standard in China have made music innovation possible. is not as arrogant as before, saying that half of the Chinese music circle has copied Miyuki Nakajima, and never examines whether he has supported the development of music. Fortunately, there is a conceptual innovation in the Chinese Internet that the wool comes out of the pig, which is okay!

Although he thought that there would be surprises in the Chinese music market, Zhou Shi did not stop Baidai's strategic plan in the Chinese market. Explain the matter and let them arrange it themselves, anyway, by now, he has a whole set of prevention systems to deal with various problems. It is almost impossible for a small company to be able to play tricks smoothly in front of him. Even if Baidai goes public, Zhou Shi will still be able to control the board of directors of the new company.

"There is no problem with Baidai's listing plan, we will keep an eye on it!" Hu Zuniu also assured Zhou Shi after understanding the situation.

It's okay, whether Baidai can make money or not represents the contribution it can make to the promotion of Huaxia's soft power around the world in the future, so Baidai and Miramax are still very important!