Chapter 485 2.5 billion acquisition
In the last 20 years of the last century, the world record industry has undergone constant changes and mergers and acquisitions, and finally formed five world-famous record companies: Warner, Universal, BMG, Sony and EMI.
But after entering the 21st century, in 2004, the year of Kiyoshi Sakamoto's debut, Sony Music officially merged with BMG.
Since then, the world's five major record companies have become the four major record companies.
With the passage of time, the pointer of time came to 2007, and Baidai, one of the four major records, could not hold on.
At the beginning of 2007, EMI was acquired by Terra Firma, one of the four major industrial funds in Europe, because of its poor management and at the same time received a double blow from online music and piracy!
Although Taifeng Capital took over the debt-ridden Baidai, it did not immediately throw away this burden.
Instead, through strategic innovation, continuous investment and improved management level, the debts of 100 generations have been repaid little by little.
Because of this, EMI Records has been able to survive and retain its name as one of the four major record companies in the world.
However, what Taifeng Capital did not expect was that four months after the acquisition of EMI, the subprime mortgage crisis broke out!
The global financial crisis is also like a slap in the face of Taifeng Capital, which has made them suffer heavy losses when they invest extensively.
It was not until September 2008, after the outbreak of the Lehman Brothers incident, that the global stock market plummeted, and Taifeng Capital, which owns shares in many companies, suffered a huge blow.
Therefore, at this time, someone in Taifeng Capital came up with the idea of selling its debt-indebted companies to alleviate the company's financial pressure.
As soon as this proposal came out, it immediately received a large number of high-level support.
Under such circumstances, a large number of companies with poor returns and a lot of debts have been continuously sold by Taifeng Capital.
And EMI Records, which was favored by Kiyoshi Sakamoto, is also one of these companies.
After nearly three months of negotiations, Yuichi Kagawa's phone call may be a phone call to convey to Kiyoshi Sakamoto the final result of the Momoyo acquisition!
On the phone, Yuichi Kagawa's voice crossed the Pacific Ocean and reached Kiyoshi Sakamoto's ears.
"The acquisition of Momoyo has ended. β
From Kagawa's not salty tone, Sakamoto could not tell whether the acquisition was successful or not.
So, he had no choice but to threaten loudly.
"And then, if you deliberately hang my appetite like before, your year-end bonus will be gone... β
βγγγ Yuichi Kagawa, on the other end of the phone, was speechless.
Sometimes he really can't figure out which one is the real Sakamoto Kiyoshi.
Is it the Sakamoto Kiyoshi who is infinitely charming on the stage.,Sometimes domineering.γSometimes gentle.,Or this naΓ―ve Sakamoto Kiyoshi who jokes with his subordinates.,There's no trace of the boss at all.γγγ
He didn't know.
However, what he knows is that no matter which Kiyoshi Sakamoto is, he is a person worthy of his continued assistance.
That's enough.
However,Kiyoshi Sakamoto, who is naΓ―ve.,I'm really a little sorry for the name of the genius.γγγ
"Anyway, deducting the year-end bonus or something, you decided so early, isn't it too good?" Kagawa
"Uh, why do you say that?" asked Kiyoshi Sakamoto, lying on his side on the couch, casually holding his phone to his ear.
"Because, it's January 2009, that is, there are still 11 months before the year-end bonus... β
"Uh... Kiyoshi Sakamoto touched the bridge of his nose a little embarrassed, and immediately pretended that nothing had happened just now, and said with a haha, "Hehe, who said that you were deducted from the year-end bonus?"
"I'm just talking, really, why are you so serious... β
γγγ
Faced with such a thick-skinned boss, Yuichi Kagawa was also helpless.
"Ahem... β
"The acquisition of Momoyo was announced to be completed at 7 p.m. on January 7, U.S. time, or 9 a.m. on January 8, Japan time. β
"After three months of long-term negotiation and bargaining, our TOP investment company finally successfully acquired the copyright department of EMI Records at a price of 2.5 billion US dollars!"
That's right, Kiyoshi Sakamoto's acquisition of EMI Records did not buy the entire EMI Records, but only the copyright department of EMI Records.
In the face of the strange request of TOP investment, Taifeng Capital was also confused and completely confused.
Originally, Taifeng Capital was very concerned about the TOP investment that came to acquire EMI Records.
Because, they really need a working capital to get through this somewhat embarrassing period.
Although this TOP investment is not a very well-known investment company in the industry.
However, judging from their abundant funds alone, it is enough to convince Taifeng Capital that TOP Investment is fully capable of eating the entire EMI Records.
However, what I didn't expect was that what TOP Investment wanted was only the copyright department of EMI Records, that is, the copyright of nearly one million songs!
Even if Taifeng Capital has been promoting other departments of EMI and wants to sell EMI to TOP at one time, it has eaten a nail in front of the determined Yuichi Kagawa.
Who can't live with money...
In the end, Taifeng Capital, which was in urgent need of capital flow turnover, had no choice but to split EMI Records into two parts, and sold the core and important copyright department to Kiyoshi Sakamoto's TOP investment at a price of 2.5 billion.
Left behind the EMI record department, which is only an empty shell...
In this acquisition, the biggest benefit is not Taifeng Capital, which has obtained a working capital and can relieve the investment pressure, nor EMI Records, which has got rid of half of its debts, but the TOP investment under Kiyoshi Sakamoto.
In fact, it is undoubtedly Kiyoshi Sakamoto who has the greatest benefits.
Although 2.5 billion, for him with assets of more than 13 billion, it has accounted for one-fifth of his assets.
However, Kiyoshi Sakamoto didn't even blink an eye, and directly took out the 2.5 billion and bought the copyright department of Momoyo, which will be very useful to him in the future.
This acquisition will bring more than 2.5 billion to Kiyoshi Sakamoto.
You must know that the copyright of more than one million songs is a steady stream of gold, enough for him to receive considerable copyright fees every year.
If it accumulates slowly, the copyright fee will converge into a huge river.
What's more, the purpose of Sakamoto Kiyoshi's acquisition of Baidai was not to earn royalties...
Therefore, hearing the good news brought by Yuichi Kagawa, Kiyoshi Sakamoto was also very happy to show a smile.
"In that case, only the replacement of Sony's shares remains... β