Chapter Eighty-Eight: Completion of Holding [Seeking Recommendation]
Not long after Li Yue's email to major TV stations around the world was sent, Murdoch received the news, after all, he also has many TV media under his umbrella. Pen & Fun & Pavilion www.biquge.info
"Hmph, what does this young man want to do?" Murdoch asked, mockingly, looking at the materials reported below.
"ALTHOUGH YOUTUBE HAS NETIZENS FROM ALL OVER THE WORLD UPLOADING VIDEOS, IT IS STILL TOO FEW AS A CONTENT SOURCE. The content uploaded by netizens is certainly novel, but after a long time, if they do not have their own trump card products, netizens will feel fatigued. For sites like theirs, the barrier to entry is simply too low. AS LONG AS LATECOMERS ARE WILLING TO CONTINUE TO INVEST AND EXPAND THEIR CONTENT SOURCES, YOUTUBE CAN EASILY BE OVERTAKEN BY OTHER SITES. Murdoch's side analyzed.
"Yes, you have a point. Does he want to use the programs of mature TV stations to attract traffic for him? Murdoch still admires Li Yue at this point. IF ONCE HE IS RECRUITED TO MAJOR TV STATIONS AROUND THE WORLD AND SUCCESSFULLY SIGNS THEIR MATURE PROGRAMS, THEN YOUTUBE'S CONTENT SHORTCOMINGS WILL BE SLOWLY REPAIRED. As soon as this piece is fixed, then the company's valuation will skyrocket.
Li Yue also knows very well that what he is missing now is the content, after all, it is 2000, and it cannot be compared with future generations. IN THE FUTURE, IT IS A DOMESTIC KUAISHOU APP, AND THE NUMBER OF VIDEOS UPLOADED IN ONE DAY IS LARGER THAN THE CURRENT YOUTUBE UPLOAD VOLUME IN A WEEK. In 2000, the level of broadband in the world, and the equipment used to shoot video, were not yet widely available. Naturally, it can't be compared with the network of later generations, and the high-definition cameras of mobile phones for all people.
Murdoch believes that Li Yue wants to buy Phoenix Satellite TV in order to make up for the shortcomings of his own program. But now that he is cooperating with global TV stations, why should he make his own show?
The price given by Li Yue is indeed very attractive, 200 million US dollars is only 38% of the equity, and the current market value of this company is only worth more than 100 million Hong Kong dollars.
MURDOCH WANTS THE STOCK OF YOUTUBE, NOT BECAUSE HE SEES IT THOROUGHLY, BUT BECAUSE HE KNOWS THAT THE COMPANY'S VALUATION WILL SOAR IN THE NEXT FEW YEARS, AND IF YOU GET SOME NOW, IT MAY DOUBLE OR EVEN SEVERAL TIMES IN A FEW YEARS. How could he be willing to give up such an easy-to-make project. BUT LISTENING TO THE YOUNG MAN'S TONE JUST NOW, HE DIDN'T WANT TO SELL EVEN A PENNY OF YOUTUBE SHARES.
38%, 200 million US dollars, I'm afraid it will be difficult for Phoenix TV to reach such heights in a few years, Murdoch hesitated.
"Diverted to Hong Kong. Murdoch ordered the flight to change course and fly to Hong Kong, where he wanted to meet the young man in person.
Li Yue was not much surprised to get the news that Murdoch wanted to meet with him! It is the nature of businessmen to chase profits, and Murdoch personally met with him just to obtain higher profits. But the fact that he was able to come shows that his acquisition is half the battle.
Li Yue picked up the phone and dialed Ouyang Shi's phone.
Half an hour later, Li Yue came to Ouyang Shi's company.
"Hello sir, what can I do for you. The company's front desk receptionist said in Cantonese.
"I'm sorry, I don't understand Cantonese. Is it okay to speak Mandarin? English is okay!" It's not long since '97 years passed, and it would be naïve to expect them to have the same level of Mandarin as they did in 2017.
In desperation, the two sides had to communicate in English.
"I want to open a stock account with your company. Li Yue said politely.
"Okay, you come with me. The front desk said, and led Li Yue to the customer account opening area.
Li Yue put his identity information and Bank of China's bank card on the table.
Soon, Li Yue's account has been opened, and now he only needs to transfer money to the account to trade.
After Li Yue's account was opened, a stockbroker came to Li Yue.
"Hello!" the other politely held out his hand.
"Hello!"
"It is convenient to ask how much money Mr. wants to entrust us to help you invest. Seeing that Li Yue was so young, the stockbroker brought Li Yue to the reception area, and asked straight to the point.
"I miss me..."However, before Li Yue could finish speaking, someone suddenly appeared and said something to the stockbroker in front of Li Yue. It was only Cantonese, and the speed of speech was fast, and Li Yue didn't hear what they were saying clearly.
"I'm sorry! I'm going to take care of it a little bit beforehand. After speaking, he ignored Li Yue and left directly.
Li Yue waited for more than ten minutes, and no one came to greet him again. Only Ouyang Shi rushed back to the company and sat next to Li Yue.
Originally, Ouyang Shi was still on vacation today, and she deliberately rushed back to the company for Li Yue.
"Why didn't anyone entertain you?" asked Ouyang Shi differently.
"Maybe your company is busy!" Li Yue said with dissatisfaction.
Ouyang Shi smiled a little embarrassedly, seeing the information in front of Li Yue, he knew that he had already opened an account.
"I asked my good friend to help you with the trade, and he's very capable. Ouyang Shi said and was about to get up.
"Can't you trade?" Li Yue didn't know much about the industry, and asked out loud.
"I'm just a little analyst who has just joined the company..."Ouyang Shi said embarrassedly.
"Okay!" Li Yue said no more.
Seeing that Li Yue agreed, Ouyang Shi pulled Li Yue to find her good friend.
When Ouyang Shi pulled Li Yue to an office area, Li Yue saw the stockbroker who had just received him, and he was flattering a fat woman at this time.
"That's my good friend. Ouyang Shi pulled Li Yue to a young man with glasses and said.
"Ouyang, what's the matter, I'm introducing your brother to a big customer again!" someone teased.
"Is this to introduce customers, or bring your boyfriend to show your brother!"
"Hahaha. A lot of people in the room burst out laughing.
"This is my big customer!" Ouyang Shi looked at Li Yue and said.
Li Yue shook her head helplessly, feeling that the outstanding talent in her mouth was her younger brother. That's not how you want to take a commission!
"Hello, my name is Ouyang Ci. Ouyang Ci stretched out his hand a little embarrassed, he had already told his sister more than once, don't pull the customer to introduce him to him anymore, let his colleagues see it will only increase the joke after dinner.
"Ouyang, could you be mistaken, how much money does this little brother have, you just pulled him in like this!" The stockbroker who received Li Yue just now also said with a smile.
"That is, if there are no hundreds of thousands, it will only waste the energy of excellent talents. Isn't it, little baby!" The fat woman pinched the face of the stockbroker who had just received Li Yue.
There was a chill in the room, but no one was going to laugh at the man. The commission he earned from the fat woman had already made a down payment on a house. In the eyes of others, this is also the ability of others.
Li Yue didn't say anything, just sat down and made a bank transfer through Ouyang Ci's computer.
"1 billion Hong Kong dollars!" Ouyang Ci didn't look at Li Yue's transfer when he made the transfer, but when he saw the stock account entrusted to him by Li Yue, he cried out in surprise.
The people in the whole room heard Ouyang Ci's words, and people didn't believe it, so they came over to watch.
When they saw that it was really 1 billion Hong Kong dollars, everyone put away their contempt, but they didn't expect Ouyang Shi to really bring a big customer to her brother this time.
And the stockbroker who had received Li Yue just now regretted it at this time. At this time, when he looked at the rich woman in front of him, there was no sweetness, but deep resentment. Why did she just rush over when she received Li Yue by herself.
Li Yue did not announce here that he was going to acquire Phoenix Satellite TV, but asked Ouyang Shi to find a quiet place to inform them of their goals.
"Don't attract attention, quietly complete the 10% acquisition target. Li Yue knew that this goal was too difficult, the public shareholding was only 15% in total, and Li Yue himself had to take 10%.
"Okay, I'll do my best. Ouyang Ci also knew that this goal was not easy to achieve.
Bidding farewell to Ouyang Ci, Ouyang Shi accompanied Li Yue out of the company.
"Your company, it's really funny. In the trading area, customers can walk in openly. Thinking of the fat woman, Li Yue felt a little funny.
"No way, the company has just been established for a long time, and everyone is pulling customers. The boss just opened one eye and closed one eye. Otherwise, how can a small company like ours compete with those big companies? Ouyang Shi said helplessly.
"Your company depends on selling hues!" was speechless at the thought of the stockbroker who received him.
"I'll walk around with you!" Ouyang Shi wanted to curry favor with Li Yue, after all, he could bring his younger brother a good commission.
"No, I'm going to see an important guest in a moment. Li Yue said as he stretched out his hand to stop the taxi.
"I'll take you! I'll drive you. Ouyang Shi took the initiative to apply to be Li Yue's driver.
"Is there a place in Hong Kong that is suitable for talking about things and having a good meal? Li Yue asked Ouyang Shi, who was driving.
Five hours later, Murdoch sat across from Li Yue. And Ouyang Shi accompanied Li Yue as a cameo assistant. She really didn't expect that the guest Li Yue wanted to meet was this person. This is a world-renowned boss!
"We're old!" he knew that Li Yue was young, but he didn't expect to be so young.
"Has Mr. Murdoch thought about it?" Li Yue didn't want to be polite, so he went straight to the point.
"Young people just don't have patience, hehe, but I was like this when I was young!" Murdoch smiled knowingly as he looked at Li Yue's eager appearance.
Li Yue just smiled and didn't pick up Murdoch's topic.
Ouyang Shi looked at Li Yue's palms and sweated a little.
"250 million. I CAN CONSIDER SELLING IT TO YOU!" MURDOCH LOOKED AT LI YUE AGAIN, SINCE HE COULDN'T GET THE SHARES OF THE YOUTUBE WEBSITE, HE WOULD JUST SLAUGHTER YOU.
200 million 5 million, and I'm just thinking about selling it to myself. Li Yue scolded Murdoch in her heart.
"We're a start-up, we don't have a lot of money to do a lot of M&A, so let's tell you that we're talking to a lot of TV stations about M&A agreements at the same time. Mandarin, English, French, etc. In the Chinese-speaking market, if we invest more than $200 million, God knows when it will pay for itself. If negotiations with you break down, we will begin the negotiation process for the next TV station. Li Yue's eyes were burning and staring at the foreigner in front of him.
Listening to Li Yue's words, Murdoch pondered for a moment. It seems that the future plan of the other company is not much different from what I think. The other party just wants to make their own content. There are too many Chinese-language TV stations in Hong Kong alone. If they switch to other TV stations.
"Young people, don't forget, Phoenix Satellite TV has landed in 3-star hotels and above in the mainland. It's available all over the country. This is a condition that other Chinese-language TV stations do not have. "Murdoch fought for himself.
"We are only for the Hong Kong and Taiwan markets, and in the mainland market, we are already negotiating program cooperation with a number of TV stations. We want high-quality programs, don't forget, the Internet is borderless, we control a Hong Kong and Taiwan television station, although it cannot be landed in the mainland, but the program can be watched by mainland audiences through the Internet. Li Yue didn't buy Murdoch's proposal on the surface, but in his heart, Li Yue still cared very much, which is why he bought Phoenix Satellite TV.
"In that case, why don't you set up an entertainment company and produce programs directly, and what do you want to do with the TV station?" said Murdoch, who seized on Li Yue's small loophole.
"1+1 is greater than 2, I believe Mr. Murdoch should understand! Today, the entire Chinese-speaking market, especially in the mainland market, broadband speed is still very low. If we don't cooperate with TV stations, the ratings of the program will be much lower at this stage. But all of this is just for now, and it won't take a few years in the future, and after the broadband speed goes up, we can slowly get rid of our dependence on TV stations. "Li Yue must give Murdoch an impression that I can buy your Phoenix Satellite TV or not.
"230 million. Murdoch faltered.
"I'm sorry. Our budget is only 200 million, and if it is a penny more, the shareholders will not agree to it. Li Yue said with a smile.
Murdoch's eyes were full of essence and he stared straight at Li Yue. For a long time, he said slowly: "Deal." ”
Hearing Murdoch's words, Li Yue didn't have too many surprises on the surface, but he was already going crazy in his heart.
won Phoenix Satellite TV, and in the future, he could radiate the entire Chinese-speaking market. When the time is ripe in the future, as soon as the popular entertainment variety show is broadcast, I believe it will soon dominate the entire Chinese-speaking market.
THE NEXT DAY, STAR MEDIA, CONTROLLED BY MURDOCH, ANNOUNCED THAT THE COMPANY WOULD TRANSFER ALL THE SHARES OF PHOENIX SATELLITE TV HELD BY THE COMPANY TO YOUTUBE HONG KONG.
At this time, the stock market, stimulated by this news, began to soar. It turned out that the stock of one dollar and one cent more than one share has risen to one and a half yuan.
Ouyang Ci didn't expect Li Yue to be so generous, he really wanted to take over this company.
Although 15% of the company's shares are in public hands, most of them have been bought by institutions. But before the news was released yesterday, Ouyang Ci had already bought 5% of the shares from several institutions where his friend worked.
After receiving the news today, the institutions that sold stocks yesterday scolded Ouyang for being unkind. But this is just an abuse between friends, and the company is still very professional and professional.
At this time, the board of directors of Phoenix Satellite TV, Liu Changle, frowned and looked at the news he had just received.
8.5% of the company's shares are controlled by a branch of Bank of China. At this time, Liu Changle contacted the other party, hoping to repurchase shares in the stock market together to maintain control of the company.
However, when they were taking action, Ouyang Ci had already collected 8% regardless of the cost. Because of Ouyang Shi's disregard for the cost, the stock price of Phoenix Satellite TV at this time has climbed to 2 yuan a share.
Li Yue now has 38% in his hands, and if he can buy another 10% in the stock market, it will be 48%, and he is already the company's largest shareholder. Unless the other party unites, otherwise the company will fall into Li Yue's hands.
The other party's current stock is 38%+8.5%. The gap between the two sides is not huge.
"Now the stock market is seeing another wave of people doing stock recycles as well. Ouyang Shi called.
At this time, Ouyang Shi's company, in order to curry favor with Li Yue, a super customer, has been fighting this acquisition war for Li Yue.
They have contacted the companies they worked for, friends, classmates, and anyway, various channels to obtain the stocks bought by the institution.
"Regardless of the cost, we will go all out to acquire. Break through 13%" Li Yue didn't expect the other party's reaction to be so fast.
The public holds 15% of the shares, and Li Yue does not believe that he can buy 13%.
FINALLY, HALF AN HOUR BEFORE THE MARKET CLOSED ON THE DAY, LI YUE RELEASED A RUMOR THROUGH THE MEDIA THAT YOUTUBE HAD COMPLETED ITS CONTROLLING STAKE IN PHOENIX SATELLITE TV, AND YOUTUBE HONG KONG COMPANY ALREADY HELD 50% OF THE SHARES. This means that Ouyang Ci has completed a 12% acquisition.
When Li Yue officially issued a document informing Phoenix Satellite TV that the board of directors would be held tomorrow, the other party stopped the equity defense war. Because it doesn't make sense anymore, it's just a waste of money. YOUTUBE ALREADY HOLDS 50% OF THE SHARES, AND THEY CAN THEORETICALLY HOLD 50%, BUT THAT'S ONLY IN THEORY. There will definitely be people among the shareholders who do not sell the stocks in their hands, as long as one person does not sell, they will not reach 50%, and they can only watch Li Yue take control of the company.
As soon as the news came out, the market thought that Li Yue would not continue to buy. The stock price began to retreat. Those stocks that are in the hands of shareholders saw that the stock price was going to fall, so there was a small dive.
Just after the dive, before closing, Ouyang Ci shot again, and 51% Li Yue absolutely controlled the completion.
After the market closed, the entire market was talking about today's Phoenix Satellite TV's closing battle.
PEOPLE HAVE BEEN ASKING ABOUT YOUTUBE'S MOTIVATION FOR ACQUIRING PHOENIX TV.