Chapter 180: A Turning Point in the Crisis
Just when Zhou Shi began to fight back against major media companies, Disney CEO, Robert Iger, made an appointment with Zhou Shi.
Before Iger took over Disney in 2005, former CEO Michael Eisner first drove out Disney's Zhongxing hero Katsenberg, who made DreamWorks a strong rival, and then fell out with Steve Jobs, and the cooperation with Pixar was in crisis. After the 21st century, Disney couldn't even find a decent animation, so it relied on Pirates of the Caribbean to save a little face. After Iger took office, he immediately took the opportunity to acquire Pixar, and invited Pixar boss John Lasseter to be parachuted into the animation department as the director, which directly revitalized the original lifeless animation department. After that, the development was even more bullish, acquiring Marvel and Lucasfilm, with two huge IP resources of the Marvel Universe and Star Wars, with a market value of more than $160 billion, becoming the most powerful media giant.
It was only at this time that Zhou Shi knew why Disney ABC would brag about itself, and it did not sue YouTube with several other companies.
"Thank you!" Zhou Shi first thanked him when he saw Egg.
Egger smiled slightly, not saying anything on the subject. After a few pleasantries, I went straight to the point.
"How about Disney's acquisition of YouTube?" said Robert Iger
"Is there any reason? You must know that we are an Internet company, and you are a media giant!"
"Actually, we're the same two, YouTube is another form of TV network, but he can do more than TV!"
"Maybe,But these are two different business ideas,You may not be able to do a good video website with the idea of operating traditional TVă "Zhou Shi
"So even if we buy YouTube, we still want to keep the YouTube team. â
"I believe that, it's a condition that every acquirer puts forward, but what about autonomy?"
"It's business as usual, and you even have a chance to be on Disney's board!" said Iger
Disney is a good choice, according to the memories of the previous life and the current situation, Google has a market value of more than 800 billion on YouTube, and now it is more than 200 billion. Microsoft is now about 250 billion, and in its previous life it was more than 800 billion. Disney is now about 50 billion, and in the previous life it was more than 160 billion. If you calculate the market value of YouTube in ten years as $100 billion: selling Google will increase in value by four times in ten years, selling to Microsoft will increase in value by less than four times, and selling to Disney will increase in value by nearly five times. And selling a Disney has other aspects of added influence!
"What about the price?" Zhou Shi also wanted to see their sincerity.
"How about $2.5 billion? We're in charge of the pipeline legal disputes. "Egger
Mom sells batches, 10,000 grass and mud horses are running wildly in front of Zhou Shi's eyes, it turns out that he still wants to take advantage of the fire to rob!
"We can trade with half cash and half equity, and we can reach an agreement within a week. More time, and if YouTube goes well, we'll give the management an additional option award!" said Egger, who seemed full of sincerity.
Egger's sincerity did not impress Zhou Shi at all, even if the development is poor, Zhou Shi is confident that in a few years, the valuation of YouTube will exceed 10 billion US dollars. And selling to Disney, the process will take more than ten years, and Zhou Shi's brain will only agree to this condition when he gets into the water.
"I'll go back and ask, and if they all agree, I won't put obstacles in your way. Zhou Shiyan said insincerely, it's strange if I don't set up obstacles, I can do better myself, so why bother asking you for help?
"You're not happy with our terms?"
"Our minimum requirement is a valuation of five billion dollars. Zhou Shi was also polite
"But you're having too many difficulties, and I've heard that someone is targeting your cash flow, and I'm afraid you're going to have even more difficulties!" said Egger.
"It's okay, if it's just a matter of funding, then it's not a problem" As soon as Zhou Shi said this, he was forced to fend for himself. Is the problem of money still a problem? For Zhou Shi, who knew about the subprime mortgage crisis, there was no problem with funds at all.
"It's not just about funding!" said Iger
"I guess no matter how big the problem is, the valuation of YouTube will not be less than two billion dollars, and then please enjoy our performance. Zhou Shi stood up and said confidently.
"Okay, just let me see how you perform and see how you respond to the crisis" Egger
The meeting didn't last long, and Iger hinted at raising the purchase price and ensuring that Zhou Shi would be on the Disney board, but he was unimpressed, and the current crisis was nothing.
Zhou Shi has actually investigated a lot, and finally found a way to deal with this crisis, that is, to use money to smash a future. If it weren't for Lehman and Dai Furui's actions that made Zhou Shi make up his final mind, he would not be willing to use such a luxurious method. If all goes well, after Dai Furui and Lehman's YouTube shares are in hand, Zhou Shi will become the largest shareholder of YouTube, with about 48 percent of the shares.
The reason why these media giants sue YouTube is that they are afraid that it will be more difficult for YouTube to deal with money, and they are very clear about the power of capital. However, companies such as Disney believe that they should embrace the future and face the challenges of the future. Even if there is no YouTube now, there will be other Internet video companies.
News Corporation, or 21st Century Fox, is filming the epic blockbuster "Avatar", a film directed by the king of the world James Cameron, which inevitably falls into a financial crisis, although there are two private equity funds set up by Dune Entertainment and Ingenious media to take charge of part of the funds, but excluding the large investment of at least 300 million US dollars in publicity expenses, the risk is not ordinary. And the shooting was completed in April this year, but Cameron had to extend the construction period. If no one is worried, then it is clearly nonsense. Especially with the approach of the subprime mortgage crisis, financial practitioners obviously have a premonition. Many funds that invest in film and television platters are closing their investment scale. Legendary Pictures, which hooked up with Time Warner, is also in trouble, which is a good opportunity for Zhou Shi.
Ali's affairs are still very smooth, mainly with the cooperation of the Ma Ali team, in just a few years, the valuation is 3 billion US dollars, plus Ali's B2B business, the valuation of more than 10 billion US dollars, and the market value of Bay does not exceed 30 billion US dollars. The final agreement was that Zhou Shi bought 10% of the shares of Taobao series companies (including Alipay, Alimama, etc.) for 300 million US dollars, and after the contract was signed, 50 million of them would arrive within a month, 100 million US dollars would arrive at the end of the year, and the remaining funds would arrive within 12 months. Ma Ali's affairs are more complicated, Zhou Shi won't understand it for a while, and he won't be too entangled, anyway, it will be reflected in the shareholding at that time.
Lu He returned to the United States, and Zhou Shi and he planned something against 21st Century Fox and Time Warner. It's not enough to just make investments and make profits to relieve their financial pressure, but also to march under conspiracy theories, and it's time for these traditional media giants to control public opinion for so long, so that they can grasp the power of some Internet public opinion. There should also be other countermeasures, one hand carrot, the other hand stick, this is the authentic American approach.
(End of chapter)