Chapter 125 Investment
Terry Bilder didn't expect that one day in order to attract investment, he would fly to Huaguo to find a Chinese company.
In his impression, Huaguo is still that backward developing country, and he didn't expect that there would be a technology company.
Since 1991, when he and his old friends tinkered with DTS surround sound technology in the garage, this year, due to financial problems, has not been able to go further.
If they can't get investment, they will choose to go bankrupt. In Silicon Valley, they also found a lot of investors, but they didn't succeed, because this audio technology needs to be recognized by the semiconductor industry.
In terms of audio technology now, Sony has its own SDDS, and there is also a commercially available Dolby outside.
Without the approval of industry manufacturers, it is basically impossible for DTS to enter the market and get investment.
For them, this is a dead end, and if they can't get investment, they can't enter commercial use. If it can't be commercialized, it won't be put into production.
Fortunately, just as he was about to give up, a friend introduced him to Jensen Huang from Silicon Valley. As a result, it became known that the Chinese company was looking for new audio technology.
Terry Bilder, who came over by detour to the Xiangjiang River, met Chu Qing in the chairman's office of BBK. He didn't expect that the chairman of such a large semiconductor company would be so young.
Ordinary T-shirts and jeans look very casual and casual.
"Our 5.1 surround sound is the pioneer of state-of-the-art multi-channel audio technology." After greeting each other, he began to introduce this brand-new technology to Chu Qing.
"DTS is said to have a sampling rate of 192kHz at 24-bit, and the best use case for this technology is in theaters and professional audio amplifier equipment."
"We've also reached an intent to work with Spielberg, one of the great directors of the United States, and if nothing else, his latest blockbuster will use our technology." In order to gain Chu Qing's trust, Terry Bilder came up with a project that had not yet been seen.
But even if he can negotiate this cooperation, it will be next year at the earliest, but now he needs money to get through this difficult stage.
"Terry, can I call you that?" Having received the other party's affirmation, Chu Qing continued.
"Let's go straight to Terry, I have a product in my hand that needs your audio technology. The premise is that your DTS has a unique technology patent. ”
"Yes, Mr. Chu, you can trust us with confidence, the implementation of DTS is different from Dolby and Sony's SDDS. We have our own patents. ”
"So, how much do I need to pay, I can get 30 percent of the DTS shares." The conversation on both sides was very direct.
Chu Qing had to create a new audio format if he wanted to make a VCD, and if he didn't solve this problem, the quality of the VCD would not be able to improve.
Even super VCDs and future DVDs will face this problem. DTS, which has been established for one year, has not been able to get investment so far, and they must find investors if they want to become bigger.
Of course, according to the original historical trajectory, it was later Spielberg's stake in DTS that saved the audio company.
Spielberg took 30 percent from DTS and used it in Jurassic Park, pulling the world into the game in the second round, and then Lao Si cashed out.
It wasn't until 1995 that DTS really got out of the predicament and entered into digital audio applications.
The two sides soon reached a cooperation, and Chu Qing paid two million US dollars, plus strategic cooperation with multiple products such as VCD in the future.
Received 30 percent of the shares from DTS. This is undoubtedly a shot in the arm for DTS.
Any technical format is worthless if it cannot be commercially used. Compared with Chu Qing's investment of two million, the strategy reached with VCD and other products is the most important weight of DTS.
Only when the technology is applied to commercial equipment, their technology is equivalent to participating in a standard. Participating in the development of standards is the greatest success of a technology.
The investment in DTS is directly from Chu Qing's overseas account. In ten months, the foreign exchange account of Emperor has reached more than 9 million US dollars.
Don't look at backgammon's hard work for so long, the real earning ability is far worse than speculating in foreign exchange.
If you are an ordinary person, you will definitely not be able to endure it for so long. However, it happened that the time was almost up, and Chu Qing also stopped Pete Chen's actions after transferring two million.
Although he doesn't remember exactly when Japan's exchange rate collapsed, he knows that the bottom line of the stock market point will not be maintained.
Just when we reached a cooperation with DTS, we also reached a cooperation with TV Asahi on the introduction of "The Voice of China".
The second season of "The Voice of China" reached a partnership for $1 million. It was when I was talking about cooperation that I let Chu Qing know that the book has been sticking to the bottom line of 20,000 points in the stock market recently.
Although according to Li Chengru's memory, the exchange rate completely failed in 1993. As it stands, there are still a few months to go.
But Chu Qing didn't want to block it. Through the financial markets, he has already earned more than 10 million, and what follows is just the final madness.
It's almost ready to be accepted. Moreover, it will not be long before the VCD project will be put into production, and Chu Qing will also need to invest a lot of money at that time.
The two collaborations have made Chu Qing's past few days extraordinarily fulfilling. He finally understood why, so many old people love all kinds of money at every turn.
Money is only valuable when it is spent. When lying on an account, it's just a string of meaningless numbers.
Especially when backgammon has been repaid one after another, even if more than one million dollars have been spent. More recoverable.
This made him suddenly feel the urge to spend money. Fortunately, he didn't have to wait too long. Just before the live broadcast of the final of "The Voice of China", Chen Ziqiang, who came back with Jackie Chan, brought Chu Qing the news he wanted.
"The mainland copyright package price, 30,000 movies. 50,000 TV series. "In a few years, this price is not expensive, but it is still very cheap.
But in this era, this price is a bit expensive. The entire 80s was the golden age of Hong Kong film and television, and there were at least 5,000 film and television works in Hong Kong, whether good or bad.
There are more than 3,000 films that have been released and broadcast on TV stations alone, and many of them have been filmed underground.
However, Chu Qing only cooperated with a few large companies this time, and it was not necessary to expand the film library.
"Yes, but I ask for an exclusive license, and for at least 30 years."
"That's no problem, I can sign a licensing contract with you when the time comes. I don't know how much you want. Hearing Chu Qing's promise, Chen Ziqiang was also excited.
If the cooperation is really reached, this business will be able to make him a lot of money just by taking a cut. Not only that, but because of this matchmaking, he also greatly increased his reputation in Xiangjiang.
Originally, these copyrights could not be sold in the mainland. Over the years, Xiangjiang has also sold a lot of copyrights in other cities, and selling copyrights alone will definitely not be so cheap.
But who called the mainland has always been very strict, and in the past, even if you wanted to, you couldn't sell it. Now there is a big water hose willing to pack, and it is completely a profit for nothing.
So they're willing to give it a try, too. If it is really sold, there will be one more money-making direction for new films in the future.
"Let's have 500 movies first, 50 TV series can be enough, and the rest will wait for new films." 500 movies can basically include all the classic movies in the past few years.
It's already able to support VCD's library. With the addition of some overseas films, it will be enough to make up a 1,000-strong film library at that time.