Chapter 314 Non-performing assets

Buyer studio, play? Momoeko choked on the words of the governor of California. Pen & Fun & Pavilion www.biquge.info

"If somebody is willing to make a big sale, we can buy it."

Glancing at Long Zheng, Oda Hatsufan didn't say anything to death.

"Chu Fan, Long Zheng, you?" Looking at her husband and son, Momoeko was angry and wanted to persuade her.

When the two first came to the United States in 1990, Oda wanted to buy a film company. Momoeko knows this. The reason why Oda's idea did not come to fruition was because Momoeko had always been opposed.

Oda's idea came from Sony's acquisition of Columbia Pictures, a major Hollywood studio, for nearly $5 billion a year ago.

This acquisition has caused great repercussions around the world, especially in Japan. While the Americans saw Sony as a beast because of the acquisition, the Japanese saw it as the opposite, and countless people, including Hatsunori Oda, saw Sony as synonymous with success.

Oda Hatsufan's vanity is bursting, and he wants to follow Sony's example to buy American film companies, but his wife Momoeko has always kept a clear head.

Sony's acquisition of Columbia Pictures in 1989 had both internal and external causes.

For Sony itself, the company's various advanced audio-visual playback products force Sony to have its own movie library and music library. At the time, Columbia Pictures was the only major U.S. studio that owned the rights to all 2,700 films in stock, which was the real reason Sony wanted to buy Columbia Pictures.

On the other hand, the overall downturn in the U.S. film industry was an external factor that contributed to the acquisition. The hen that lays eggs, no one will let go. It is precisely because these American film companies are sluggish and unprofitable that the Americans will sell Columbia Pictures to Sony.

American film companies are only glamorous on the outside, but in fact they are half-dead and do not make money. This has been what Momoeko has been thinking all along.

Last year's acquisition of Paramount Pictures by Viacom was a shocking gamble of up to $10 billion in the eyes of Momoeko. If you succeed, you will have great benefits; Failing, it is not impossible for Viacom, as an acquirer, to go bankrupt due to its heavy debts.

Her husband Oda Hatsufan would have such thoughts, and Momoeko could understand it, after all, acquiring a Hollywood film company was an obsession in his heart.

However, how could Ryuzheng have such an idea? Momoeko's heart was filled with doubts. Don't look at the young age of your son, but he is steady and never does anything unprepared. Momoeko was very pleased with this, but fortunately her son did not learn from her husband Oda Hatsubo's arrogance and vanity. Could it be that Long Zheng has a deep meaning.

It was out of trust in her son that Momoeko decisively banned her after seeing Ryuzheng secretly shaking her head at her. Give the right to speak to her son and husband Hatsufan Oda.

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"Film companies, we are also willing to invest."

Looking at the governor of California and the mayor of Los Angeles, Oda Hatsufan began to pour bitter water: "However, the two of you also know that the premium of Hollywood film companies is too high. Paramount Pictures, worth $4 billion, sold Viacom for $10 billion, and Columbia Pictures, worth $3 billion, sold to Sony for $5 billion. Speaking of this, Oda Hatsufan looked unimpressed, quite a bit of a sense that Viacom and Sony were not worthless.

"Warner, Paramount, 20th Century Fox, Columbia, Disney, and Universal, I wonder which company Mr. Governor is talking about? Which company is looking for a buyer? ”

Long Zheng hit the nail on the head and went straight to the point: "What can make Mr. Governor say something about it, in Hollywood, there are only these six large film companies." ”

"Columbia Pictures has Sony as the backstage, Paramount Pictures has received funding from Viacom, and Disney Pictures is an entertainment giant that has never been short of money. In addition, I heard at a party just now that filming of "Titanic," a movie masterpiece jointly funded by 20th Century Fox and Paramount Pictures, has begun. Presumably, at this time, the 20th Century Fox Company was forging ahead, a thriving scene, and would not be looking for buyers. ”

In front of the governor of California, the mayor of Los Angeles, Hatsunori Oda, and Momoeko, Ryumasa wisely said: "In my opinion, the only two companies that are likely to find a buyer are Warner Corporation and Universal Company. Comparing the performance of the two companies in the past ten years, Warner's performance is much higher than that of Universal, and it is far from being able to make ends meet. Therefore, the film company that Mr. Governor is talking about can only be a global company that is already heavily indebted and is on the verge of bankruptcy. ”

After Long Zheng finished speaking, the scene was silent. Everyone didn't expect Long Zheng to deduce so many things just by relying on a sentence from the governor of California.

"Bang Bang !!"

After a long time, the governor of California couldn't help but applaud.

Glancing at the mayor of Los Angeles, the governor of California said with a sigh: "Mr. Long Zheng was able to single-handedly create Panshi Internet Company and become the richest man in the world in just three years, which is really not comparable to us mortals." ”

"Now that Mr. Long Zheng has said this, we will no longer hide the three of them."

The mayor of Los Angeles went on to say, "Universal Pictures is really looking for a buyer right now. I also know that in the past ten years, the American film industry has been particularly sluggish, and Hollywood, these movie giants, have borne the brunt, often making one film and losing the other. Compared with the other five companies, each has its own source of funds, but Universal Pictures has always been independently supported. After ten years, the owner of the company really can't hold on, and now he wants to find a buyer to get rid of this burden in one fell swoop. ”

"In business,"

The governor of California was also a businessman before entering politics, and looking at Long Zheng, the governor of California sighed: "Many people will buy good assets, even if the premium is more than double, there are buyers who are willing to take over." However, non-performing assets, buyers may have to consider it. Worried that the open search for a buyer would further reduce the credibility of Universal Pictures, the owner of Universal Pictures and we were both good friends, so he asked us to introduce him to a suitable buyer. (To be continued.) )