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With the combing of information about Polygram and the future of Universal Pictures, Li Feng suddenly found that it was not cost-effective to spend a huge price to acquire it now, such as the decline of music albums in later generations.
Today's Polygram sale offer requires tens of billions of dollars, with the rise of the Internet and digital music, the value of record companies is constantly depreciating, if you push behind the scenes this time, it is still like the historical acquisition of Seagram, but in which you participate, such as reaching a future right of first refusal or something, then the value of the future acquisition is much cheaper.
explained his thoughts to the two, especially noting that he is not optimistic about the future of record sales, the rise of digital music is inevitable, otherwise why would giants like Siemens and Philips want to sell the world's largest record company like Polygram, and only a few kings and divas may be able to sell records in the future, and most of the rest will be unsalable.
According to Li Feng's idea, he can get Siemens and Philips to get the coveted shares of Yahoo through multi-party transactions, and he may directly get the shares of the parent company of the Seagram Entertainment division, including Universal Pictures.
In Li Feng's view, this is the right of first refusal for the future company, and through the shares of Yahoo in his hands, he will get the shares of the entertainment part of Sigram to lay a foundation for the infinite possibilities in the future.
......
After all, it is about to enter 99 years, and the next 1 year or so will enter the Internet winter.
Although Yahoo has not yet reached its peak market value, the market value of more than $70 billion is actually good, after all, it is not easy for such a large number of Yahoo shares to be sold at one time.
Of course, if you really want to talk about it, Li Feng's Yahoo shares have not yet reached the lifting period, but Li Feng is not selling Yahoo shares through the stock market, which has almost no impact on Yahoo, but it is just a change of shareholders, and there should be no big problem through trading, of course, this also requires Li Feng's financial experts to make a detailed plan.
"BOSS, then we will negotiate with Polygram and Universal according to this expectation, I think this is a good choice for all three parties, Seagram gets PolyGram, sets up their own Universal Music, Siemens and Philips get Yahoo shares, and we become the majority shareholder of Universal, laying the foundation for our future acquisition of Universal. ”
"Yes, that's it, but in that case, I would like you to discuss with the Seagram Group and let them reorganize the company, including the original Seagram Beer Company and Universal Entertainment Company, and merge the entertainment part of Sigram into the entertainment company, and we can become the majority shareholder of Universal Entertainment Company. ”
"OK, let's propose according to the general plan, BOSS, no, it just so happens that the two major shareholders of Polygram are holding a drinking party, I think Sigram, which has ambitions for Polygram, should not let it go, just right, we can talk to people at this drinking party." ”
"Well, when the time comes, you call me, and I'll go around with you. ”
"Understood...!"
“...”
......
"BOSS, I would like to introduce you to the two hosts tonight: Mr. Heinrich Pierre, Chairman and CEO of Siemens, and Mr. Colburns, Chairman and President of Philips. ”
"Oh... , Fortunately, two, it's a pleasure to meet you, welcome to Los Angeles!" Hearing Barry Dille on the side help him introduce the two people in front of him, Li Feng immediately greeted with a smile.
"Barry, you're so kind!"
"Hello, Mr. Li, I have admired my name for a long time!"
“...”
At this time, it was already two days later in the Hilton Hotel, and a cocktail party was being held jointly by Siemens and Philips.
"Pierre, Boons, since you started to sell Polygram last year, it should be about the same now, and it is difficult to change Yahoo's shares in exchange, and you are also very interested, but to be honest, according to the current market value of Yahoo's stock price and future potential, we are losing a lot.
But after all, Polygram is related to the future layout of our Tianyu Media, this time Mr. Li personally attended the reception, and I also hope to be able to contact the two of you, our BOSS has a new proposal, maybe you can consider it. ”
After the two sides found a place to sit down, Barry Diler, on behalf of Li Feng, proposed to two business tycoons from Europe.
"Oh... Do you have any good advice for Mr. Lee?"
"Now that Polygram's situation has been basically determined, we are the most enthusiastic about Tianyu Media and Seagram, but we feel that it is better for us to cooperate with the three parties than to drag it out like this. ”
"Tripartite cooperation?"
Looking at the two big guys who were surprised and abnormal, it was obvious that they were shocked by Barry Diller's proposal.
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"Yes, it's a three-way partnership, where we give Yahoo shares, Siemens and Philips provide PolyGram, and Sigram acquires Polygram to create the Universal Music Company that they want. ”
"Hi... Barry, what do you get, cash?"
"Hehe... I think you should know that this share belongs to our BOSS, and our BOSS is not short of cash, and he wants the shares of the newly established Universal Entertainment division, which means that we can merge into the new Universal Entertainment Company at a discount and become a shareholder. ”
"Honestly, Barry, Mr. Lee, I'm very interested in your proposal, but I think I can call someone from Seagram and we can discuss a plan when the time comes, how about it?"
"Of course, this is a tripartite cooperation plan after all, so I naturally need to try it with others, and I think this is an acceptable proposal for all three parties, and it can effectively meet the needs of all three parties. ”
"Okay, I'm looking forward to that, that's it for now, it's not the time to talk about business, I hope Mr. Lee and Barry can have a nice and wonderful evening tonight. At this time, Siemens President Pierre on the side interrupted Li Feng's conversation with Philips President Col Burns with a smile and joked.
"Yes, that's okay, I'm looking forward to our next meeting, believe me, we are here in good faith, and I hope there will be further opportunities for cooperation in the future. ”
"Of course, this is also what we want to see, I heard that Mr. Li has a general Chinese ancestry, and there is a Chinese name called 'Li Feng', which is really a coincidence, I have been in charge of Siemens' China and even Asia-Pacific business in the past few years, and I also have a Chinese name called 'Feng Bile'." ”
"Feng Bile?"
“...”
......
"Yes, Feng Bile!"
"Hehe... Does Monsieur Pierre know the meaning of 'vonbiler' in the words?"
"Hehe... Of course, it is precisely because I understand the meaning that I deliberately took it, implying a positive attitude towards life. ”
This Siemens boss suddenly said in awkward Chinese, which made Li Feng shake his head and laugh.
"Haha... Pierre, let's talk in English, don't you see Cole and Barry all looking confused?"
"yes, that's a shame!"
"Mr. Li, what are you talking to Pierre, so funny?"
"Oh, nothing. ”
"Wow... Pierre, do you want to keep it a secret?"
"Haha..."
“...”
With a burst of jokes, the relationship between the two sides seemed more natural and close, and after a while, they didn't call Mr. or anything, they all began to be called by their names, and they looked very familiar.