After the New York Times interviewed Zhang Ran, the domestic media learned that Zhang Ran had acquired a film company in the United States. Although many people don't know Zhang Ran's true purpose, www.biquge.info Chinese being able to buy a film company in Hollywood is definitely big news, so major media have reported it as a headline.

"Zhang Ran's $120 million acquisition of Summit Entertainment, a tyrant or a risk?"

"Zhang Ranhao spent 1 billion to acquire the film company that produced "Mr. and Mrs. Smith"!"

"1 billion acquisition of Hollywood companies, Zhang Ran wants to build China's Disney!"

Many netizens were shocked when they heard that Zhang Ran had acquired a company in the United States, as if Zhang Ran had acquired Disney instead of Summit Entertainment. Even those who are often hacking Chinese movies and feel that there is no way out for Chinese movies can't help but rejoice and feel their blood boiling!

"Zhang Ran is so awesome, can he make more blockbusters like "Time and Space Warriors" now? "Science Fiction World" has a lot of suitable movies and novels!"

"Yes, yes, I heard that the copyright of Da Liu's "The Wandering Earth" is in Zhang Ran, and I don't know when it can be filmed, it is the most suitable for making a blockbuster!"

"Last month's "The Colonel's Sabre" is also particularly suitable for making a blockbuster, but I don't know if Zhang Ran has seen it. ”

"Will there be a sequel to Mr. and Mrs. Smith? If it does, will it be considered a domestic film?"

"No, there is not a single Chinese actor in it, and the story has nothing to do with China. ”

Experts and professors who are not willing to be lonely naturally came out and conducted various analyses on Zhang Ran's acquisition from all levels and angles.

Optimistically, this acquisition will make the industrial structure of Century Summit more rational and competitive, and it should also help it make more money in the future. In this process, it can also gradually improve China's film production capacity through cooperation with Hollywood, and then provide more high-level spiritual products for Chinese.

The pessimistic believe that although Summit Entertainment's work list is impressively listed with popular series such as "Vanilla Sky", "Mr. and Mrs. Smith", and "American Pie", there is an illusion that can be continuously developed. In fact, these movies are just invested by Summit Entertainment, and the sequel development rights are all held by large companies, where is the share of others? Zhang Ran spent 120 million yuan just to buy an empty shell, and I am afraid that this money will be wasted.

Rationally believes that Zhang Ran can be the first to go abroad and eat the first crab, he is an explorer of the Chinese film industry. Whatever the outcome, he should be given a round of applause!

Just when the media and netizens were discussing, Zhang Ran was meeting an important guest at the Four Seasons Hotel, Yang Zhicheng, the owner of the Eagle Emperor.

After receiving a call from Zhang Ran and hearing that there were hundreds of millions of dollars in deals, Yang Zhicheng took a plane and rushed to Los Angeles as soon as possible.

After a brief greeting, Zhang Ran got to the point: "I believe you know that YouTube, which I founded with my friends, sold for $2.5 billion, and after we left YouTube, we started a website called Fly. The prospect of this site is better than that of YouTube, and it has almost 300,000 registered users in less than a month after it was launched. I can transfer 3% of the shares to you, and in a few years these shares will become hundreds of millions of dollars, or even more, I wonder if Boss Yang is interested?"

Yang Zhicheng's heart skipped a beat, and on the way here, he saw the media reports and knew that Fly was developing well, and it was really possible to become hundreds of millions in a few years. It's not pie in the sky, no, it's totally pie in the sky!

However, Yang Zhicheng is an old Jianghu after all, and he knows that Zhang Ran must be conditional when he throws such a big benefit, so he asked quietly: "What do you want?"

Zhang Ran smiled slightly: "It's simple to talk to smart people, you help me do one thing." ”

Yang Zhicheng didn't rush to agree, and asked, "What's the matter?"

Zhang Ran's face sank: "Sell Huayi to me!"

Yang Zhicheng almost suspected that he had misheard: "Why did you come to me to buy Huayi? I know the Wang brothers, but I don't have much contact, so it's impossible for me to convince them to sell Huayi to you." ”

Zhang Ran said word by word: "Sell it to me by making a game!"

Yang Zhicheng's heart jumped, and then he said in a low voice: "I want to hear it in detail!"

Zhang Ran lowered his voice and said: "Hua Yi and I have completely torn our faces, either Hua Yi dies, or we die at the peak of the century." We are richer than Huayi, and we will carry out a series of strikes on Huayi next, and Huayi needs more funds if it wants to fight us, and the only way is to go public. If a company wants to go public and make more money, it must do performance, and Huayi will be short of funds under my blow, and he must raise funds if he wants to make performance.

It's just that Huayi's performance is not good, and with the strong enemy of our century in front of us, who dares to easily throw money at Huayi? Therefore, it will be more difficult for Huayi to raise funds. At this time, you stand up and inject 400 million into Huayi and take 20% of Huayi's shares. But the 400 million yuan is not for nothing, Huayi must sign a VAM agreement, and Huayi must be listed before the end of 2009. There are three clauses in this VAM agreement, the liquidation preference clause, the repurchase clause and the right to sell. These three articles are the key to this Bureau. If Huayi does not go public by the end of 2009, these three terms will be activated. At that time, Huayi can only buy back the shares in your hands at a high price, but I believe that Huayi will not be able to take out this money at that time. What should I do if Hua Yi can't come up with the money? Then the right to sell will be activated, and you can sell the shares of Hua Yi in your hand to me at a low price, and Wang Zhongjun and they must also sell with you, so Hua Yi will become mine!"

Yang Zhicheng was dumbfounded when he heard this, and it took a while to come back to his senses: "But Wang Zhongjun, do they want to sell with me?"

Zhang Ran is completely sure of this: "As long as you sell, Wang Zhongjun and they must follow suit." The right to sell is the right to compel the original shareholders of the company to transfer the shares to the buyer with them, and they must trade in accordance with the transfer price and terms agreed between you and the buyer. In other words, even if you sell me 20% of your shares for 100 million yuan, then they must sell me at the same price!"

Yang Zhicheng was stupid: "This is okay, there is such a clause?"

Zhang Ran explained with a smile: "The right to sell is not an uncommon thing, it is very common in the investment neighborhood. There are many examples, the year before last, an Internet company in the United States raised $5 million from funds A and B, and in May last year, it raised $7 million from fund C. In October, the company launched a new service, and everyone was very optimistic about the company's prospects. By November, Fund C had allowed the company to find a buyer before the end of the year. Although the founders are reluctant to sell the company, Fund C has a higher percentage of shares and has the right to sell, which can force other investors and founders to sell. By the end of December, since the company could not find a buyer, Fund C had its own investment in another company to buy the company, and the purchase price was only slightly higher than the company's bank deposit of $3 million. According to the liquidation preference clause, Fund C got the liquidated funds first, and in the end, the founders and management team got nothing. ”

In fact, there are countless companies in China that have been included in the VAM agreement, and Pony Galloping was once famous for its acquisition of Cameron's digital field, but it was finally included in the listing VAM agreement. If Pony Gallop had not signed a gambling agreement and developed steadily, it would not have been the end later.

However, the VAM agreement between Pony Galloping and Jianyin Culture only requires a buyback, and there is no right to sell, while the VAM agreement signed by Zhang Lan, the boss of South Beauty, and CDH has the right to sell, and when South Beauty failed to go public, CDH activated the right to sell South Beauty to CVC, and finally Zhang Lan was out of the game.

Yang Zhicheng felt a chill down his spine when he heard this, and asked, "If Wang Zhongjun doesn't agree to sign these terms, what will he do?"

Zhang Ran sneered: "No, he will agree, Hua Yi has no other choice." Because I will fight Hua Yi until he agrees. Wang Zhongjun will either fight hard to go public, or slowly collapse under my blow; and Wang Zhongjun has a hand in capital operation, and his several excellent operations of capital have led to today's Huayi, but those who drown are all water, so he will definitely agree!"

In the early days of Huayi's establishment, Wang Zhongjun encountered a bottleneck in development and insufficient funds. Due to the constraints of policy and economic environment, the company does not have the opportunity to obtain bank loans or venture capital. In this case, Wang Zhongjun found Wang Wei, chairman of Taihe Holdings, and finally Wang Wei invested 25 million yuan and obtained 45% of Huayi's shares, and the company's name is also Huayi Taihe.

In 04, out of concern about the intensification of external competition, Wang Zhongjun decided to increase capital and shares. At this time, TOM Group, which has been seeking opportunities in China, expressed its intention to invest in Huayi Brothers. As a result, TOM Group and Wang Brothers reached a cooperation intention: TOM Group invested US$10 million in Huayi, of which US$5 million was used to purchase 27% of Huayi's equity, and the other US$5 million was subscribed to Huayi Brothers' convertible bonds with an annual interest rate of 6%. In order to ensure that he does not lose his controlling stake in the process, Wang Zhongjun first repurchased 45% of the shares in Taihe's hands for 75 million yuan. After Taihe withdrew, "Huayi Taihe" was renamed "Huayi Brothers".

After Wang Zhongjun repurchased 45% of the equity of Taihe, he and Wang Zhonglei became 100% of the controlling shareholders, and then transferred 27% of the equity to TOM Group, and at the same time issued convertible bonds to Taihe. The Wang brothers have a 73% stake. Soon after, Huayi introduced a venture capital institution and transferred 3% of the equity for $700,000, reducing the Wang brothers' equity ratio to 70%. Through this round of capital operation, the Wang Zhongjun brothers earned more than 13 million yuan, but their equity holdings have increased from 55% to 70%, and the whole operation is extremely beautiful.

Yang Zhicheng nodded slightly, he had also heard about the operation of Wang Zhongjun's capital, and believed that under the pressure of Zhang Ran's strong capital, Wang Zhongjun would gamble even if he knew that this medicine was poisonous: "Wang Zhongjun shouldn't mess with you!"

Zhang Ran sighed and said: "Actually, it's normal for the entertainment industry to have a little friction, and it's nothing to make a little stumbling in secret, it's just that they have gone too far!" Zhang Ran patted his knees and said with a calm face: "My life was almost lost, how could I let them go!"

Only then did Yang Zhicheng know that Zhang Ran's car accident turned out to be a troublemaker by the Wang brothers, and he really went too far, and this kind of thing was a situation that would never stop on anyone. However, he still didn't understand: "Why did you ask me to cooperate?"

Zhang Ran said with a smile: "We are not all the way, so they would not have thought that we would join forces to make a game." Of course, in order to make the game a little more realistic, we need to be able to make a little bit of conflict!"

Yang Zhicheng asked, "How?"

Zhang Ran chuckled: "This year's National Day file, the "Baby Plan" you invested in will be released, and Jing Chu is the starring role. At that time, she will be absent from the premiere, and the film has Huayi's investment, so she refused to attend. When the time comes, you will say that Zhang Jingchu is unprofessional, and I will come out to protect her and fight a war of words. In this way, you will naturally stand on Huayi's side!"

Yang Zhicheng no longer had any doubts, and spit out two words: "Deal!"