Chapter 421: Wool Picking!
Although Sony Music is indeed the world's largest music copyright company 20 years later, it can provide more than one billion operating income to Sony Group every year, but now, it is actually a younger brother whose ownership cannot even be determined.
The predecessor of Sony Music was American Records, which was founded in 1929.
In 1938, it was acquired by CBS and renamed Columbia Records.
In 1987, Sony acquired Columbia Records for two billion yuan, because Sony did not own the right to use the trademark Columbia, in order to avoid disputes, Columbia Records was renamed Sony Music by Sony in 91.
In this way, Sony Music was born.
At this time, Sony Music was actually only one of the world's top five music copyright companies.
In addition to it, there are other American music on the market that was later renamed Universal Music, Warner Music under Time Warner, Polygram that will be acquired by Universal Music, and Momoyo who has been carved up.
This is an era of a hundred schools of thought, so all kinds of classics emerge in an endless stream, but for capital, monopoly is the maximization of interests, so, in order to become bigger and stronger, squeeze the living space of other companies, Sony reached a cooperation agreement with Michael Jackson in 95, acquired half of the shares of ATV Music Publishing Company at a price of 100 million US dollars, and then merged it with Sony Publishing Company, sounding the clarion call for embezzlement in the capital struggle.
Sony's approach is actually very understandable, after all, ATV Music owns a bunch of rights to the Beatles, and after the merger, Sony/ATV instantly became the world's second largest music publisher, and the operating income soared wildly in the second year!
How else can it be said that financial instruments are the best means of fighting in the Red Sea?
Since I can buy the market for money, why should I do it slowly?
It is precisely because of the coin scattering that makes everything easier, so after tasting the sweetness, Sony wants to continue to buy the other half of the shares in Michael Jackson's hands, and at the same time, Michael Jackson, who saw that he did not take a bigger advantage in the transaction, wants to get back half of the copyright he previously sold from Sony, so the two sides fought because of this matter!
Last year, two thousand years, Michael Jackson cried to the media that he had been deceived by Sony.
He said that in ninety-five years when negotiating with Sony? A five-year merger agreement with Sony? When the deadline is up, can he buy back his equity from Sony at the original price? But because his lawyer is in collusion with Sony? So this clause was eliminated by the other party behind his back, not only that? He also found out that Sony had recently been pressuring him to snatch the other half of Sony/ATV Publishing from his hands.
In the face of such accusations? How could Sony possibly admit it?
And? To be honest, Michael Jackson's words are actually full of countless loopholes.
Which capital will agree with the other party at the time of signing the contract that the other party will be allowed to repurchase the equity at the current sale price after five years?
If anyone really does that? What about that? All mergers in business can be counted!
For example, today I merged with you, you publish content and I release channels, and after five years, your content is up, and you think you can change to a better channel and ask for a higher price? And then directly kicked the channel?
How could such a thing exist!
There are only two kinds of people who can say such things!
The first? That's a budding new that isn't even capital!
The second is the stupid beep born with a golden spoon in his mouth!
Is Sony the capital?
Be!
Is Sony a second generation?
No!
So the results are obvious!
Michael Jackson feels like he's making less! I regret it!
If everyone is just making a fuss? That's actually okay, but bloodthirsty capital has always been the master who doesn't stop until he reaches his goal? And Michael Jackson is a guy who wants to be capital? So......
Before things settle down? Roland Allen is not blindly optimistic.
After all, when Sony merged with Germany's Bertelsmann Music Group in 04 to form Sony BMG Music Entertainment, Michael Jackson filed a lawsuit to get back his ATV shares, lying in the Los Angeles courtroom;
In 08, when Sony spent 900 million to buy 50% of the equity of Sony BMG Music Entertainment in Bertelsmann's hands and made it its own independent subsidiary, Michael Jackson was still there to complain, wanting to get back the ATV equity;
Even if Michael Jackson passed away, the battle related to it did not stop, and in 10 years, Sony only signed a cooperation agreement with Michael Jackson and took back the initiative in the company;
In a year or two, when Sony acquired EMI Music Publishing Company and became the world's largest music publisher, 50% of the company's shares were still owned by Michael Jackson's heirs;
It wasn't until 16 years that Sony reached an agreement with Michael Jackson's legacy company, spending 750 million yuan to get back the remaining 50% of Sony/ATV's shares, and in 18 years, it spent nearly 300 million to buy back Michael Jackson's shares in EMI, and when all this was done, the whole company was truly unified.
A piece of has been going around for twenty years, and this dogskin-like trouble isn't what Roland Allen wants.
Especially Roland Allen still knows in his heart that even if he swallows Sony Music Entertainment now, he still has to spend 2.5 billion to buy Bertelsmann Music Group and spend nearly 6 billion to acquire EMI Music in order to become the real number one in the world, and his interest in Sony Music Entertainment has actually become more limited.
If Sony Music Entertainment does not have Michael Jackson, then he is actually quite willing to spend 1500 million to take over this plate according to the principle of halving the acquisition, but if this problem cannot be solved, then the 1.5 billion plus 2.5 billion plus 6 billion will be of limited profit and little significance to him.
Twenty years of time and 10 billion investment for the world's No. 1 music publishing company?
Isn't this a broken brain?
With this kung fu, isn't it fragrant to invest in Qualcomm?
And even if you don't take a stake in Qualcomm, the chrysanthemum factory that will cut the Honor mobile phone business at a price of 15 billion US dollars in the future will not have a good time now! When the other party wants to sell Motorola for 7.5 billion dollars but is played by Motorola, he jumps out to act as a pick-up man, isn't it much cooler than grinding the world's No. 1 music company for 20 years?
There's no way, who makes time fly by, and things are wrong?
For Roland Allen three years ago, it was a very good decision to hold Sony Music Entertainment for a long time, but from the perspective of his current mixed business, the troubled Sony Music Entertainment is actually a negative asset.
After all, his goal is not to build an entertainment empire at all!
It's about killing Disney!!
Because of this, after discovering that other capital wanted to encircle Sony and keep Sony Music Entertainment to himself, Roland Allen, who thought it was too troublesome to do, put his true thoughts on the table.
"According to the current state of Sony Music Entertainment, even if I pay 1 billion according to the 2 billion discount that Sony bought Columbia Records that year, I feel that this deal is a huge loss......
If there is no way to solve the problem of Michael Jackson's stake in Sony/ATV, then I personally think that even if it is put on the open market, few entertainment companies will be willing to take ......."
As soon as these words came out, the other five people were silent.
Because as capitalists, they know that Roland Allen is right!
"Michael...... It is unlikely that he will sell his shares......"
Steven Spielberg, who worked with Michael Jackson, pushed the glasses on the bridge of his nose and said: "Buying an ATV is the wisest decision Michael has made in his life, just like I can't sell Amperin, and he can't sell this asset that can support his descendants to live a good life directly......"
"He has an almost obsessive fascination with his achievements......"
Steve Jobs, who crossed paths with Michael Jackson in the arcade world, put his arms around him, leaned back, and said, "Actually, the Beatles, the Beatles, Elvis...... For him, these copyrights have more symbolic meaning than monetary significance.
When Michael owned them, whenever people mentioned these legends, they would add at the end that the rights to their songs were now in the hands of Michael, who was a gifted businessman, and that compliment, would make him happy......
Because when comparing the entertainment achievements of these people horizontally, Michael cannot be the first in history in everyone's hearts, but if you compare the entertainment empire they have built vertically, then Michael will be above all the other superstars.
Just as you don't care about anything you've achieved in Hollywood right now, because all your peers have to please you now, and wealth is the source of your happiness when they show weakness. ”
It's not rough!
Steve Jobs went straight to the Yellow Dragon and said the reason why Michael Jackson wouldn't let go!
If, in the eyes of capital, ATV may just be a company that proves its market share and can make a lot of profits, then for Michael Jackson, ATV is actually everything that satisfies his own vanity.
There are talented people from generation to generation, each leading the way for hundreds of years?
Good for non-existent!
Michael Jackson doesn't just want to be the king of his own time! He will also be the king of his ancestors!
And controlling the songs of the ancestors and using the songs of the ancestors to create wealth for themselves is the most perfect domination!
"That means you think it's wishful thinking to embezzle ATVs?" Roland Allen asked with a smile.
"Sort of."
Michael Dale nodded.
"When the honor of a thing is greater than the money, then it is priceless for those who like honor."
Warren Buffett did not hide it and expressed his views bluntly.
"Actually, it's not a bad thing to co-own a Sony/ATV with Michael Jackson?"
Bill Gates looked at Roland Allen and said, but when he noticed that the other party had been smiling and not responding, he shrugged his shoulders and gave up the idea of brainwashing, "Okay! Okay! This is indeed not a satisfactory result......"
Although the wealth of the five people present is not even, everyone is actually the same kind of person.
Bill Gates is a smiling tiger, and Microsoft has had no dreams from the beginning.
Warren Buffett is an old yin beep, who can still talk and laugh with rich women when he is on the green prairie above his head.
Steve Jobs is a paranoid man who can see the existence of his eldest daughter as a stain on his life.
And Michael Dell, and Steven Spielberg......
The former used an accounting algorithm to drag Compaq to death.
The latter was not revealed to hold a large number of shares until Universal acquired DreamWorks Animation in 17!
When they are cruel to others and even more ruthless to themselves, how can they put on a show in front of Roland Allen's kind?
After all, the guy who can sell his marriage for the sake of capital expansion has no heart at all!
And when Roland Allen found out that these guys couldn't give a good solution, he shrugged his shoulders and spread his hands easily, and said: "Since we can reach a consensus on the concept of 'Sony Music is a negative asset', then everything that follows has nothing to do with me, you can completely disassemble Sony by yourself, and you don't need to pull me in." ”
What?
The five people at the scene were shocked.
'What does this mean?' ’
A deep sense of incomprehension rose in everyone's heart.
As soon as they finished talking about their needs, Roland Allen turned the table and stopped playing?
This......
Isn't that just smashing them?
Although in the current situation, even if Roland Allen does not intervene, they have a way to dismantle Sony and forcibly swallow those assets they want, but if Roland Allen does not take the lead, the difficulty of the matter will increase by several orders of magnitude!
After all, the current Roland Allen and Little Bush are the union of interests!
And they are all a group of people who want to steal the fruits of success!
However, just when they were confused, Roland Allen, who had seen these bigwigs who had cheated him before, frowned one after another, laughed happily, clapped his hands, and said, "Just kidding! Just kidding! Don't be so serious!
But seriously, if it's just a asset like Sony Music, I really can't be interested! ”
Hearing Roland Allen say this, after capturing the undisguised uncut on his face, the guys present immediately guessed his true thoughts, which obviously felt that there was less interest!
In the eyes of everyone, if Roland Allen himself took the lead, then he would probably choose Sony Music as an asset, and at that time, as the active initiator of the event, he fell into passivity.
But now?
He is the dealer who is sitting at home and is blocked by everyone, and these guys who smell fish are gamblers!
In this case, how can the gambler arrange the game for the dealer?
Of course, the arrangement is not impossible.
But if you don't pay something, you can't say anything about it!
Thinking of this, Steven Spielberg and Steve Jobston relaxed and leaned back.
At this moment, they don't have any pressure in their hearts.
After all, Roland Allen is the majority shareholder of Apple and DreamWorks!
If these two companies are profitable, doesn't it mean that Roland Allen himself is profitable?
And Michael Dell, Warren Buffett and Bill Gates......
They all shook their heads one after another.
They really wanted to do business, they didn't mean to play dumb riddles, their thoughts turned, and they gave the compensation they could provide.
"Two hundred million orders, on ATi." Michael Dell didn't play false, and said directly: "When Dell successfully acquires Sony's TV business, Dell will place an order for 100 million CPUs and 100 million GPUs from ATi." ”
"That's good news." Roland Allen laughed and complained, "However, I think Intel will be unhappy." ”
"An order of 200 million, they can understand." Bill Gates continued: "Before you bought ATi, we had already given orders for Xbox to Intel and Nvidia, so ......
After we Microsoft acquired Sony video games, Xbox's CPU and GPU orders were all given to ATi, okay? ”
"Is it just Xbox?" Roland Allen asked with a smile on his face.
Although he was also very happy with the chip, he ......
And more!
"All the hosting business is for you, right? If we keep the PlayStation series. "Bill Gates was helpless.
For the first time, he found out that the guy who had sold Yahoo to himself before was such a scoundrel.
Roland Allen is quite satisfied!
If Sony Music isn't a good deal, isn't the rise of ATi a new addition now?
In the case of being able to open up a full set of industrial chains, if you don't frantically pick up the wool of these giants, you will not be a qualified capitalist!
While Roland Allen was satisfied with these new gains, Warren Buffett, who wanted an Asian non-life insurance license, also spoke, "Although I can't help you solve the problem of Michael Jackson's shareholding, I can make Sony Music continue to expand."
After Berkshire Hathaway's successful acquisition of Sony Finance, whether it is Bertelsmann Music in Germany or EMI in the UK, we can help you get it, you pick one yourself and tell me, and then I will push your music company to become the world's No. 1, Okay? ”
“Okay!”
Roland Allen loves this decision!