At the subsequent press conference, in response to the merger and acquisition of 21st Century Fox, a spokesman for Bluestar Technology revealed that the company is still waiting for regulatory approval in a few countries, but refused to disclose which countries.

Judging from the information that has been revealed, the EU's approval is particularly eye-catching, as there are no strings attached.

Compared with Bluestar Technology's surprisingly smooth operation, Disney has gone through a long period of offering, negotiation, bidding, price increase and regulatory review in more than a dozen countries for the acquisition of 21st Century Fox in the past year or two.

The alliance had also approved, but on the condition that Disney commit to divest its interests in de facto television channels in the European Economic Area, including History and Lifetime, in order to avoid disrupting competition after Disney acquired the assets of 21st Century Fox.

However, the unconditional approval of Bluestar Technology can be described as a green light.

21st Century Fox is a North American company, and the reason why it needs the approval of regulators in other countries is that there are a large number of businesses in other people's markets, and mergers and acquisitions may trigger monopoly in the local market and other consequences that may undermine market-oriented fair competition.

If the regulator in the local market does not approve it, the forced merger will lose the local market, which will inevitably bring resistance to the merger.

However, anyone with a discerning eye can see that the people of the city have made a PY transaction, and what is said to be unconditionally approved, it is also in the film and television sector that there are no conditions here, because the conditions are in other sectors.

The front foot Cote d'Azur and Bluestar Technology smashed more than 20 billion euros down, and the back heel announced unconditional approval, and the performance was not performed, which is obviously an indirect response to the unhappiness of North America and the diaphragm should understand the baby, let you let me repair the energy pipeline, let you buy and sell, I will be on good terms with your rival, better than before......

As soon as global investors saw Luo Sheng's end, a group of capital soon followed, although they knew that this was a PY transaction on both sides, and whether the European economy could get better or not, but the money always had to find a place to go and not lie down all the time.

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The next day, a video conference.

"With the unconditional approval of the Alliance, as well as approval in several other major box office markets, North America is now the last major hurdle that leaves the North American Department of Justice to acquire 21st Century Fox's entertainment assets." Zhang Bowen is reporting to Luo Sheng on the recent progress of the work on this major merger and acquisition case.

Luo Sheng nodded with satisfaction and said: "Well, the external potential unstable factors have been lightningly settled, so let's go all out to launch a general attack on this last obstacle in the future." ”

Zhang Bowen continued: "There was still a little accident, there was news from North America, and Comcast Telecom, the parent company of Universal Pictures, also joined the merger and made an offer of $85 billion, which is a lot higher than the offer we gave. ”

Hearing the news, Luo Sheng couldn't help but scold: "Ma De, this is obviously sitting on the ground and raising the price, deliberately raising the cost...... And Murdoch is also a gou. ”

Zhang Bowen nodded and said: "Yes, no matter what way you look at it, it is impossible for Comcast Telecom to really buy Fox." ”

When AT&T acquired Time Warner was officially approved, it directly caused the media stock price to soar, and now the overall value of 21st Century Fox is also rising, with the stock price soaring by about 12% in the past two days, and the total market value has climbed to $28 billion.

Luo Sheng pondered for a moment, and said neatly: "Our bottom line is 100 billion US dollars, after this line, we will give up the acquisition, the premium is too high, this transaction is not worth it, let's revalue Fox's assets, continue to talk to Murdoch, you can take 55 billion US dollars to pay in the form of shares of Blue Star Pictures, and the remaining assets can become the debt of the parent company Blue Star Technology, but Murdoch must withdraw, so that his son can get a seat on the board of directors of Blue Star Pictures, both of which, However, it cannot affect the parent company's right to speak to Bluestar Pictures. ”

Zhang Bowen said: "That Disney ......"

Luo Sheng said in a deep voice: "At this table, Disney is no longer the main player, just fight a war of words, if we can't afford it, it Disney is even more unlikely to swallow it, and the North American side will definitely do everything possible to obstruct it, but Murdoch is not stupid, he wants to sell it at a high premium, we can give him a relatively high valuation, let him become the majority shareholder of Bluestar Pictures, as long as he gives up control, he will inevitably share a bite of meat in the entertainment industry in the future." ”

"In the future, it is not impossible for Blue Star Pictures to be spun off and listed separately, but if he Murdoch wants to eat a lot of meat and count money in the future, he must actively promote the success of this merger and acquisition, and he should promote it, which is too greedy for his interests."

The merger and acquisition of 21st Century Fox is a "century merger and acquisition" case, and the trouble is certain, but Luo Sheng does not care too much, since the rise of the company, the creditor's rights and debts have been a pot of porridge, and the big and small troubles have been continuous, and he has long been used to it.

Zhang Bowen nodded and responded: "Understood, I will arrange it after the meeting." ”

Luo Sheng added: "Let's prepare with both hands, we must give full play to the advantages of our own streaming media channels, and the popularity of "The Wandering Earth" has brought a good start to the company's biggest goal of occupying the commanding heights of cultural output, and under the existing channels, we will make the content as soon as possible." ”

At the end of the video conference, Luo Sheng went to the Cote d'Azur to investigate the production capacity of Dabai robots, and the layout of the cultural industry on the side of Bluestar Technology is also accelerating.

The global headquarters box office of "The Wandering Earth" has successfully exceeded $800 million, temporarily taking the top spot at the box office in 2019, but there are many blockbuster films released this year, such as "Spider-Man: Far From Home" by Marvel and Sony from Blue Star Pictures, Disney's "Frozen 2" and blockbuster finale "Avengers: Endgame".

However, it is not a big problem for "The Wandering Earth" to win the top ten box office movies in 2019, and the most terrifying thing is that it is such an explosive result, 90% of the box office contribution comes from the single market of the Greater China market.

The explosive results of "The Wandering Earth" actually gave Bluestar Technology a lot of say in the merger and acquisition of 21st Century Fox, of course, not the movie itself, but the box office appeal of the Greater China market was once again verified by "The Wandering Earth".

The Greater China market is a box office position that Hollywood's major movie giants cannot afford to lose, and this is the bargaining chip.

In the following days, Bluestar Technology actively promoted the acquisition of 21st Century Fox, and on the other hand, Bluestar Pictures also actively promoted the content production plan.

As the first domestic sci-fi IP, the film and television of the "Three-Body Problem" series was officially put on the agenda, and it has become the most important new project of Blue Star Pictures, and even the leaders of the Ministry of Culture attach great importance to this project.

Movies, TV series, and animation go hand in hand, and if you have money, you dare to fight on multiple fronts.

Since "The Three-Body Problem" won the Hugo Award, it has become a best-selling sci-fi masterpiece around the world, if "The Wandering Earth" is the touchstone of Bluestar Technology in film and television culture strategy, then "Three-Body Problem" is the absolute main force.

At present, "The Wandering Earth" is still being released, and Bluestar Pictures has announced the establishment of the "Three-Body Problem" project at a high point, which has caused a huge sensation in the domestic film and television circle for a while.

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