Text Chapter 766 TBS Acquisition Battle (II)
After offering his own conditions to Ted Turner, Su Chenyu no longer paid attention to the reaction of the "media king", and got up and left the private room directly. As for what to do with the strippers who are still dancing hard, and how Ted Turner will deal with them, it's not something Su Chenyu needs to care about.
Anyway, after Su Chenyu left the box, Ted Turner, the "media tycoon", did not leave, but waited until the early morning of the next day to leave the "Gold Club" "neatly dressed". As for where to go with so much missing time, Su Dashao said that he didn't know, of course, he didn't want to know.
However, there is one thing that Su Chenyu knows - TBS, its CNN TV network, and T-NT TV will soon become his bag.
In fact, it is true, at the moment when Su Chenyu made the offer, Ted Turner immediately made his choice - to sell TBS to MGM Group. Therefore, when Su Chenyu left the box alone and left several top strippers of the "Gold Club" for him to "enjoy", Ted Turner chose to accept it without any psychological burden.
Of course, Ted Turner is not the kind of person who "can't walk when he sees a woman", after all, he can become a "media boss" who affects the world and even the entire media industry, and is not a person who is dominated by the lower body. Yes, Ted Turner likes to "women" and frequents the "Gold Club", but it's something that every man does and likes to do.
However, even so, it does not mean that Ted Turner will obediently obey for the sake of "womanhood" or "threat". Yes, the "sex scandal" is very fatal to Ted Turner, and it is likely to ruin his reputation and family, but for a man like him, this is a fart? Once it comes to his own vital interests, any reputation, reputation, and even family are considered wool.
Obviously, "the fish is dead" is the worst-case scenario, and as long as there is room for negotiation, Ted Turner will definitely not choose this path. Besides, in fact, Ted Turner is also quite bottomless in his heart, that is, he may not be an opponent of MGM Group at all, and if he doesn't do it well, the fish may die - the net is not broken. Therefore, Ted Turner finally chose "peace", and "peace" with MGM Group seems to be a very good thing, and it seems to be comparable
As a "veteran driver" who has been in the entertainment media industry for many years and has achieved great success, Ted Turner's judgment is still very powerful. In Ted Turner's view, MGM Group, which has completed the layout of the entertainment industry and media circle, is definitely stronger than Time Warner and Disney, and the future is brighter.
Selling TBS to MGM is definitely a very good choice, and the most important thing is that Ted Turner knows that the other party still wants him, and he has a lot of room to join MGM Group.
You must know that the "talkers" of MGM Group are Peter Chernin and Shirley Lansing, and Shirley Lansing usually pays more attention to film and television entertainment, while there are no "awesome characters" in the media.
Therefore, this is a great opportunity for Ted Turner - to take charge of MGM's media field, that power is N times greater than his own leadership of TBS. Ted Turner even has a huge ambition – to be at the helm of the MGM Group.
To be honest, no one would have imagined that MGM, which was inconspicuous back then, would undergo such a big upheaval after the "Capital Dad" took over. It is no exaggeration to say that MGM Group is now one of the largest entertainment and media groups in the world, and it is probably even the first, but all the properties under the MGM Group are wholly owned and not listed at all, so it is very difficult to estimate the value. But there are some idle organizations that have a sore egg, such as Forbes and Time, that have estimated the market value of MGM Group to be in the range of $60 billion to $80 billion.
$60 billion, $80 billion, what kind of concept is this, the world's No. 1 entertainment and media giant, even Disney and Time Warner, which are now known as the No. 1, can't compare. Moreover, if MGM does go public, with the escort of Tianchen Fund, the market value will easily break $100 billion, and may even reach an incredible number.
As a result, Barry Diller, Terry Semel, and Bob Daley, who once rejected MGM's invitation, have now become a big joke in the business world. Especially Barry Diller, he is Su Chenyu's first invitation target, you know, if he chose to join MGM at that time, there would be no matter about Peter Chenin and Shirley Lansing. Although, now after Barry Diller left Fox, he is working hard to start his own business, but if he joined MGM back then, then ......
Therefore, in a person's life, opportunities are really important, and when the opportunity comes to oneself, it is even more important to grasp the opportunity.
Ted Turner saw the MGM acquisition as an opportunity for himself to become more powerful in the entertainment and media industry.
Actually, not to mention, Ted Turner really thinks well, Su Chenyu does have the idea of letting Ted Turner take charge of the MGM Group's media field. After all, now Peter Chernin is in control of the overall direction of MGM, and he has to follow the big boss to "expand the territory", and Shirley Lansing's professional field is in film entertainment. As for the media industry, Peter Chenin is still nominally in charge, and Robert Egger, who was discovered from ABC Broadcasting, has no de facto "talker".
To be honest, Su Chenyu really wanted Robert Iger, the "ghost talent" who brought Disney to the peak in his previous life, to take over MGM Media directly, but in the end, he still forgot it. It's very simple, you must know that Robert Egger is the next "leader" of MGM Group booked by Su Chenyu, and this matter has also been discussed with Peter Chenin, so that he can start cultivating Robert Egger from now on.
Therefore, Ted Turner is definitely a suitable person to take charge of MGM Media, and now it depends on whether Ted Turner is on the road.
It turns out that Ted Turner is really good, because, soon this guy replied to Su Chenyu - agreed to sell TBS to MGM Group.
So, after the two sides basically reached an agreement, Ted Turner, who had already been promised, began to help MGM buy shares in the hands of other minority shareholders — the $3.8 billion is the purchase price for 100% of TBS.
Thanks to Ted Turner, the process of acquiring the shares of TBS's minority shareholders went smoothly and it didn't take much time to complete the seemingly difficult task. If it were MGM Group itself, it would definitely not be as smooth as Ted Turner's appearance, and the price would be a lot more.
Therefore, I have to say that Su Chenyu's "promise" to Ted Turner is still very affordable.
Just when the Wall Street Journal finally "dug up" Disney and Time Warner were seeking to acquire TBS, a big slap almost didn't slap the Wall Street Journal.
MGM Group Announces $3.8 Billion Wholly Owned Acquisition of TBS!
, this is just a slap in the face of Hongguoguo, here the "Wall Street Journal" is hyping Disney and Time Warner to buy TBS, where TBS has become a wholly-owned subsidiary of MGM Group.
Crucially, Ted Turner also became vice chairman of MGM Group, chairman of ABC Broadcasting, and chairman and chief executive officer of TBS. Undoubtedly, this arrangement is already obvious, and Ted Turner has officially become the head of MGM Group in the media field, mainly to promote the future integration and resource integration of ABC and TBS.
I have to say that this news is really exciting, anyway, it scared many people on Wall Street and in the media - they didn't expect that after owning ABC broadcasting, MGM Group would actually buy TBS again.
You must know that in the minds of many people on Wall Street and so on, TBS is a "good match" with Time Warner or Disney, after all, these two parties are indeed very weak in the field of TV and broadcast media. Disney, in particular, is too weak in the field of television media, and is even more wasteful than Time Warner.
Therefore, when the news of MGM's acquisition of TBS broke, Michael Eisner almost didn't have his nose crooked. The most painful thing is that every time the MGM Group seems to be targeting Disney, giving him "good looks" everywhere.
Disney wanted to buy ABC broadcasting, but was eaten by MGM in advance; Disney wanted to buy Pixar Studios in the hands of Steve Jobs, but was preempted by MGM again; Disney wanted to buy TBS, but was cut off by MGM in advance again - won't this Nima kill us Disney won't give up?
However, there is no way to do it, Michael Eisner also knows that this is definitely not an "internal ghost", after all, many of them have just come up with and are ready to be implemented, and MGM has already completed it. Therefore, it is certainly not the work of "internal ghosts" and "commercial spies", can those people still "steal" things from his brain? It can only be said that it is really bad luck.
Hehe, I guess I can't imagine that Michael Eisner and Disney have always been staring at them behind the scenes, just to target them - so, I'd rather be a gentleman than a villain.