He did something and brought so much trouble to Taihua Holding Group, how could Feng Yu not fight back, how could he swallow his anger?

Although those people have dissociated themselves from Zuni on the surface, and there is no direct evidence that this matter can be involved in Zuni, as long as they are not blind, they can know that this matter is absolutely inseparable from Zuni. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

At this time, the company's dominant business is PS game consoles, digital video cameras, digital cameras, flat-screen TVs, mobile phones, computers, music players, etc., which does not include their entertainment business such as movies and songs.

Among them, in terms of movies and songs, he is also the top in the world, and only through better works can he defeat him.

Michael, the former ace of Honny? Jackson's image has gradually declined in recent years, and the new flag-carrying singer has not reached Michael? Jackson's height.

As for movies, with the popularity of CDs, Soni has made a lot of money with his huge film and television copyrights. Fortunately, people are now more interested in new movies, so the profits of Sonny Pictures are gradually decreasing.

The best way to do this is to strike a blow at the pace of expansion. At this time, Sonny Pictures is seeking to acquire MGM Pictures, which is the last independent production company among the eight major Hollywood film companies, and the company has super IPs such as 007 and Tarzan of the Apes, as well as this massive film and television copyright.

Although these copyrights will be less popular for redistribution, they also have a great use, that is, they are taken out and remade.

Feng Yu remembers many remakes of movies in his previous life, and the final box office was surprising. And Feng Yu still has some classic movies in his mind, which also need a powerful company to produce.

The reason why MGM has fallen is because the movies they make only focus on the plot, not the visual effects. When I go to the cinema, of course, I hope to enjoy a visual feast, but as for the plot, can't I buy a CD? Or go to a video site, can't you pay to watch it?

Whether you buy a disc or pay to watch it, it is much cheaper than a movie ticket, and because you are at home, you will be more comfortable, more free, and you can watch it repeatedly.

So now MGM's main revenue is to sell CDs, but their CD production is also handed over to Sony Pictures, because they don't have their own CD production factory!

Cindy Pictures took a fancy to MGM's massive copyrights and the appeal of its old film company, so it planned to eat it. But in fact, Sonny Pictures does not have enough cash, at least the acquisition of MGM is not enough.

Even if MGM is down, with those copyrights and the company's brand value, it is worth four or five billion dollars. Of course, the tens of billions of dollars worth of other companies are no longer comparable.

Recently, he has invested too much money in electronics, such as digital cameras and digital video cameras to ensure a leading edge. For example, music player products should catch up with AIWA. For example, the new plasma flat-screen TV camp needs to invest a lot of money. For example, the sales of mobile phones are declining, and investment needs to be increased. Computer sales are declining, and investment is also needed.

Even the video game consoles that they have dominated for several years have had to increase R&D investment because of the strong rise of Gbox and the upgrading of Ren Heaven, striving to launch new models as soon as possible.

So don't look at the revenue of Shuni last year, but if you want to buy MGM, you really can't come up with this money.

During the dot-com bubble in the first two years, the stock price of Soni fell all the way. Recently, it has just recovered, but it is still more than 30% less than at its peak.

Therefore, if you want to acquire MGM, you can only acquire it through financing mergers and acquisitions, which is also a very common way of mergers and acquisitions in the United States.

The acquisition plan announced by the company is a special leveraged buyout, that is, using MGM's assets as collateral, issuing high-risk bonds, and borrowing from banks or other investment institutions.

For example, Douni needs $5 billion to buy MGM, but the real assets it pays may only need $10 million, which is the power of leveraged buyouts.

At the same time, however, if MGM's business is in good condition and its assets begin to increase in value, the company will not be able to share in the benefits from asset appreciation, and it will not be able to obtain normal operating and management income until the loans and bonds are repaid.

Many people like to buy this kind of high-risk bond because the higher the risk, the higher the return is likely to be. Sometimes a seemingly junk bond can bring a hundredfold return. Of course, it is more likely that this bond has indeed become garbage, a piece of waste paper.

This is equivalent to a gamble, some people like it, and some people stay away from it. The ecstasy of success, and the failure will not hurt much, as long as you don't buy much.

In the previous life, he united several investment companies to eat MGM, and then through a series of equity transactions and other means, he took MGM under his command.

This also allowed the company to further grow, and in a short period of time, it brought tens of billions of dollars in revenue to the company, which was an unprecedented success.

However, this is also a kind of overdraft, overdrawing MGM's brand potential, so MGM later fell into bankruptcy again, and was finally lost to the telescope company by Zuni.

To acquire MGM, it is not only in film and television, but also in hotels, resorts, movie theaters, cafes and other aspects. Feng Yu is only interested in film and television and theaters, as for hotels, resorts, etc., Feng Yu is actually not interested at all, and plans to spin it off and sell it.

And at this time, it is necessary to have someone who is interested in this aspect to join, such as Donald.

"Feng, you said you were going to buy MGM? Do you want me to work with you to complete this acquisition? Donald had some doubts in his eyes, he generally only invests in real estate and stocks, not in film and television.

"Donald, MGM isn't just about movies and television, it's also about resorts, hotels, cafes, etc., are you interested? Recently, the real estate market in the United States has been rising. Feng Yu asked with a smile.

The price of real estate in the United States has risen, and Donald, as the king of New York real estate, has naturally skyrocketed in assets. Donald has a crazy obsession with real estate.

Donald's eyes lit up, there is no good real estate investment in New York recently, and investing elsewhere is also a good choice.

"You mean, after the acquisition, the MGM business will be spun off, and the real estate will belong to me, and the rest will belong to you?"

Feng Yu nodded: "How is it, are you interested?" You know, for the operation and management of hotels and other properties, we Fengyu Holding Group does not have particularly good talents, so in our hands, we can guarantee that there will be no losses, but in your hands, we can guarantee to make money! ”

"Feng, when are we going to meet and talk about it carefully?"

"The day after tomorrow, I'll fly to New York, and we'll talk!"

……

ps: Just look at the title, today's ten more. Unexpectedly, one of the tricks of this book, Trump, actually succeeded in counterattacking, the fourth child made a bet with a friend and won a meal, ho ho ho ho ~~~ (to be continued.) )