Chapter 999: Auction (2)

While Cheng Xiaoyu was worrying about the box office of "Horror Movie", Yi Yunfei and James Walker also did a lot of work to enable "Xichu" to gain access to the "digital field", which was just three months ago, and the stock price of "digital field" was above $5, with a market value of more than $200 million. Pen % fun % Pavilion www.biquge.info

But then, the Q2 financial report released by the "digital field" was miserable, with a loss of more than 35 million US dollars in a single quarter, and then after the operation of James Walker, Wells Fargo adjusted the credit rating of the "digital field", adjusting the original ccc+ to BA1 (junk level), and the financial institutions that heard the wind began to short on a large scale, and the stock price of the "digital field" immediately plummeted, and the company's market value is now only 21 million US dollars.

Then Dilanco Buzz tried to sell the core business of the "digital field" on his own, but was sabotaged by James Walker, who got the news, and set up a creditor committee to nominate "Xichu" to buy the core business of the "digital field" through a "fake horse bid...... (A "fake horse bid" is when a bankrupt company selects an interested company to set a minimum bid price so that no other potential bidder can offer a bid price lower than that price.) )

The auction in the "digital field" attracted hundreds of film and television companies and financial institutions to sign up, but because of the high threshold of "fake horse bidding" proposed by Xichu, it was eleven that finally entered the auction process, in addition to the six major Hollywood film companies such as "Sony", including the local special effects industry giants in the United States and foreign media groups, the capital strength and industry reputation of all companies in the final link are far above the "Xichu".

This is a disadvantage for Cheng Xiaoyu, because the asset and equity auction of bankrupt companies in the United States is not as simple as the art auction that Chinese people are familiar with, it is purely the one with the highest price, and the company's shareholders, executives and creditors also have to consider other conditions offered by the bidder, such as the amount of additional investment that can be subsequently made, equity incentives, business direction, etc., and comprehensively consider the final winner.

"Xichu", which is not well-known in this regard, naturally does not have an advantage as these well-known companies.......

But no matter whether Cheng Xiaoyu can successfully win the "digital field" in the end, he must admit James Walker's affection, if it weren't for him, Cheng Xiaoyu might not be qualified to enter the Wilmington bankruptcy court.....

Standing at the elevator door, Charlize Theron stood close to Cheng Xiaoyu, seeing that Cheng Xiaoyu's brooch pinned to the collar was a little crooked, and helped Cheng Xiao straighten it a little, because Chen Haoran was there, Cheng Xiaoyu's face turned red, coughed dryly twice, and whispered to Charlize Theron: "Thank you!"

Charlize Theron whispered, "I haven't congratulated you on your box office hits! It's incredible, you know that you are already a great director who can go down in the history of Hollywood......."

Cheng Xiaoyu said with a smile: "As the media said, it's just good luck......"

Charlize Theron smiled sweetly at Cheng Xiaoyu and said: "Good luck in this world is only for those who are prepared...... This naked temptation can be seen even by a blind person.

The elevator door opened, Charlize Theron pressed and held the door button, and Cheng Xiaoyu said before entering the elevator: "Miss Charlize, believe me, your good luck will come....."

The bankruptcy trading center on the third floor is quite large, and the "digital field" is the largest and largest asset auction of the companies participating today, so the auction is also held in the largest hall 1.

Cheng Xiaoyu and his entourage entered the hall, at this time there were already a lot of people sitting in the auction hall of about 500 square meters, all black suits, in addition to the red carpet, the brown seats were white people in black suits, even if it was a bidding team of more than a dozen people from "Sony", there was only one Asian American, Kenichiro Takahashi, like Cheng Xiaoyu, the number is sparse, and it is quite eye-catching.

The No. 1 hall of the bankruptcy trading center is different from the general art auction hall, not a few rows of chairs, with an auction table on top, but more like the shape of the United Nations General Assembly, with a fan-shaped distribution of seats, and the auction table is not in the center, but on the side, and behind it is a large screen used to put PPT.

The hall has been divided into 11 areas, each area has a lot of space intervals, and each area has a sign with the name of the company written on it, because "Xichu" is a "fake horse bidding" party, so it is arranged in the front area......

Because James Walker had already signed for the consultant team formed by Cheng Xiaoyu, the staff took Cheng Xiaoyu directly to the area marked "Xichu", where six or seven "Wells Fargo" staff were sorting out the information and preparing for the bidding below.....

After a few people sat down, Cheng Xiaoyu was sandwiched between Charlize Theron and James Walker, who were close to him, and Cheng Xiaoyu couldn't help but laugh at the excessive hospitality of the two, especially Charlize Theron.

Cheng Xiaoyu's Hollywood debut received $300 million at the North American box office alone, this astonishing number gave the two of them a great shock, at this moment, even if Cheng Xiaoyu does not have the background of "Chairman Xi Yu", they are all people worthy of the two of them to do their best to win over, not to mention that Cheng Xiaoyu still has the halo of "Xi Yu", but the purpose of the two is completely different.

James Walker is for the banking business, and Charlize Theron is for his movie dream, simply put, one for money and the other for fame, but Cheng Xiaoyu is not disgusted with the two, Yi Yunfei gave James Walker a very high evaluation, and Charlize Theron's beauty is really annoying.......

There is still a period of time before the auction starts, the whole hall is a little noisy, many people's eyes are projected on the part where Cheng Xiaoyu is sitting, and there are some fingers from time to time, everyone is eating in Hollywood, and naturally they are all interested in this lucky Chinese newcomer Wang Bei.

When Cheng Xiaoyu came in, Hurt Braun noticed the newcomer director who had recently caused a huge controversy, although he had no relationship with Cheng Xiaoyu, but he had a very good relationship with Staven Bell, and in addition to the huge success of "Horror Movie", "Universal" was going to release "Death is Coming" for Cheng Xiaoyu. lost the gambling agreement, but because "Horror Movie" also performed well at the overseas box office, in fact, "Universal" was still the winner.

The global executives who watched "The Grim Reaper" all know that Cheng Xiaoyu's success is definitely not as lucky as the media said, he fully understands what the audience wants to watch, so he shoots, he doesn't make movies to please film festivals and critics, he just makes money.......

Hut Braun didn't think much about it, he stood up and walked to the area of "Xichu", and came to greet Cheng Xiaoyu.......

"Director Cheng, I didn't expect you to come over......"

Although he felt that the slightly chubby balding middle-aged white man in front of him was a little familiar, but he didn't know what his name was, Hutt Braun immediately stretched out his hand and said, "Hutt Braun, vice president of Universal, Mr. Winston and I are more familiar with ......."

Cheng Xiaoyu hurriedly showed an embarrassed smile and said, "Mr. Hutt, it's a pleasure to meet you, is Universal also interested in the digital field?"

"Universal" also participated in the auction this time, but the team brought is not very large, after all, "Universal" and Staven Bell invested in the "Industrial Light and Magic" is very close, and the enthusiasm for buying the "digital field" is not very high, but the "Industrial Light and Magic" is very interested in the real-time rendering technology of the "digital field", and the reason why "Universal" participates is to see if there is any cheap to pick up, and then by the way, have a deep understanding of the value of the special effects industry.

Without much hesitation, Hurt Braun leaned over Cheng Xiaoyu's ear and said: "Our 'Universal' is just here to join in the fun, and we don't have a plan to buy it, Mr. Cheng just needs to pay attention to 'Industrial Light & Magic', 'Sony' and 'Disney'...... According to our research, the value of the 'digital field' is about 25 million US dollars, and if it exceeds this number, it is not worth it....... "Since "Xichu" participated in the bidding through the "fake horse bidding", it shows that Cheng Xiaoyu can be said to be determined to win the "digital field", and Hutt Braun does not mind using some news that is not important to the world to get closer to Cheng Xiaoyu.

Cheng Xiaoyu was a little surprised by Hutt Braun's initiative to show goodwill, but he still said lightly on the surface: "Thank you for reminding me, the 'digital field' is related to the industrial layout of 'Xichu', of course, we value it more, but it is not to the extent that it must be bought...... In fact, Cheng Xiaoyu made up his mind to acquire the "digital field".

Hutt Braun didn't care whether Cheng Xiaoyu was sincere or false, he just kept putting a high hat on Cheng Xiaoyu and said: "Mr. Cheng's vision is admirable, because Hollywood movies have to take care of the tastes of global audiences, special effects IP blockbusters will become the mainstream, and you won't lose money if you buy the 'digital field'...... After all, the strength of the 'digital realm' is still obvious to all....."

Cheng Xiaoyu nodded and said: "Not only will special effects IP movies occupy most of the film market, but 3D movies will slowly rise......"

When Hutt Braun heard Cheng Xiaoyu's words, he was a little surprised, and then said with some skepticism: "Although this technology is available, and there have been several three-D movies, the box office is not very good, and it is still very niche......

Cheng Xiaoyu said with a smile: "Everything has such a process...... I'm going to invest in a 3D movie next year........"

Although Hurt Braun disagrees with Cheng Xiaoyu's assertion that three-D movies will rise, he still said with an expectant expression: "Then look forward to your masterpiece coming out as soon as possible......

The two exchanged a few more pleasantries, Hutt Braun and Cheng Xiaoyu exchanged phone numbers, and sent business cards to a few people around Cheng Xiaoyu, and then returned to the "Universal" area, even Charlize Theron received a business card from Hurt Braun, which made her feel happy, although a business card did not mean anything, but made her feel that she was one step closer to her dream......

Approaching the start of the auction, the atmosphere began to be slightly tense, Cheng Xiaoyu was the first time to participate in the auction of assets of this scale, seeing that the staff did not give the bidding number plate in addition to giving them the number of the bidder, he felt a little strange, and turned his head and asked: "Is there no sign to raise?" Just like in the movie, No. 6 ..... 100 million ...... 100 million ...... Is there anything taller than Six?"

James Walker explained: "Mr. Cheng, you're talking about an art auction..... In the auction of the assets of a bankrupt company, it is necessary to propose its own acquisition plan and negotiate with the other party, and it is not the one with the highest price to get it..... Even if the bid is the highest and the plan is not satisfactory to the creditor, it will not work, of course, you can rest assured, in order for you to be able to win the auction, I have made full preparations, just wait for you to watch......"

This made Cheng Xiaoyu a little regretful, originally he thought that he could still get over the addiction of holding cards, how much "Sony" shouted, he would add a dollar to disgust the other party, but now it seems that there is no such opportunity.....

With the sound of a bell, the door to the right in front of the hall opened, the judge presiding over the auction had already begun to enter, followed by the creditors' committee, the door to Hall 1 slowly closed, and the video recorder began to work to ensure justice......

According to the usual procedure, the presiding judge took the stage as the moderator, and then the representative jointly appointed by the creditors committee and the "digital field" used a PPT to introduce the core assets of the "digital field" to be auctioned, the special effects studio located in Canada and the main special effects business.....

After the introduction, the judge announced the "fake horse bidding" of "Xichu", which is the bottom line of this bidding.......

With the judge's hammer down, the first round of bidding began, Sony began to make moves, Takahashi Kenichiro said that he was willing to acquire the "digital field" on the same terms as "Xichu", he glanced in the direction where Cheng Xiaoyu was sitting, and then said confidently: "Please ask the judge and creditors to consider the future of the 'digital field', and hand over the 'digital field' to a large company like 'Sony' is the long-term way, after all, some small companies have no experience and no strength, so as not to file for bankruptcy protection soon after they are sold." .......”

In the blink of an eye, Kenichiro Takahashi fought back at Cheng Xiaoyu's ridicule of "bankruptcy" in person......

(4,000 words chapter, ask for votes, ask for subscriptions, it's a thousand chapters in a blink of an eye, and I have a lot of feelings in my heart...... )