Chapter 580: M&A Negotiations
The valuation of $1 billion is Wu Yuan's lowest valuation of the company Lightage.
It's not that he opens his mouth, but that the light age is really worth the money.
Regardless of the future development of this company, the copyright currently in the hands of Light Times, as well as some of the adaptation rights that have not yet had time to be adapted into movies, are worth the price.
Although, when Disney acquired Marvel, it only spent $4.2 billion to take the ownership of more than 5,000 comic book characters under Marvel.
In this comparison, it seems that the price of a billion dollars in the light era is too expensive.
But in fact, it is unrealistic to "buy" Marvel for $4.24 billion.
The reason why Marvel was able to sell Disney for $4.2 billion was purely because Disney took advantage of the danger.
At that time, Marvel was on the verge of bankruptcy, and if it did not agree to the acquisition, it would file for bankruptcy, and once it filed for bankruptcy, the company would be sold cheaply.
In fact, Marvel's value is ten times that of $4.2 billion, which can be seen in the stock price that Marvel has multiplied several times after it was acquired.
What should really be benchmarked with the Light Era should be Disney's acquisition of Fox.
When Disney gradually saw the huge latent (suction) (gold) effect on Marvel, it began to consciously add hole cards to the Marvel universe.
How do I increase my hole cards?
Of course, it is to take back some of the superhero rights that Marvel has sold, the first of which is the X-Men series and the Fantastic Four series.
So Disney spent another $71.3 billion after that!
What did $71.3 billion do?
In addition to Disney's acquisition of "20th Century Fox Movies" for itself, it also directly recovered the copyrights of characters including "Fantastic Four" and "X-Men" that were sold to Fox Movies to Marvel.
A Hollywood Dock Six, coupled with the film rights in its hands, the packaging price has reached more than 70 billion US dollars, and this is the real normal market price.
Light Times holds the rights to "The Hangover", "Twilight", "Wonderful Night at the Museum" and "Ace Agent", although it can't be compared with a behemoth like Fox, but the price of $1 billion is definitely not expensive.
In fact, Wu Yuan's sale of the Light Age this time is most likely to be bought by Disney.
I have to say that Disney is really rich, after all, it is the only Disney park with a physical industry in the six major cities of Hollywood, and it can generate revenue of two or three hundred billion US dollars in a quarter, and more than 100 billion US dollars a year.
Even if the net profit is only 10%, it is more than 10 billion dollars a year.
Disney, which has deep pockets, is not short of money to buy film companies at all, and can also give high prices that several other companies can't give.
"Going around and around, I didn't expect it to be Disney in the end." Wu Yuan said with some amusement.
In the years that Hollywood has been mixed up, the happiest thing he has worked with is Disney, relying on Disney's "Pirates of the Caribbean" series, he and Disney have achieved each other.
Unexpectedly, when he finally had to leave Hollywood, the company he was in hand would most likely let Disney take over.
Maybe it's fate.
Thinking wildly in his head, Wu Yuan gradually fell asleep.
The next day, as soon as he got up, he asked Xiao Zhang to help him book a plane ticket to Los Angeles.
His assistant Daisy in the United States had been married two years earlier, and later resigned from Light Age because she was pregnant.
Since Daisy's resignation, Wu Yuan did not let John arrange a new assistant, but asked his assistant Xiao Zhang in China to connect with North American affairs.
Well, for this, he also doubled Xiao Zhang's salary.
However, Xiao Zhang will soon no longer have to be busy with the docking work with the Light Era.
With Xiao Zhang, he took a plane for nearly 12 hours, and in the early morning of March 2, Los Angeles time, Wu Yuan arrived at Los Angeles International Airport, and John personally came to pick up the plane.
"Daniel, you're finally here."
"John, it seems like every time I go back to Los Angeles, the first thing you say when you meet is always this."
"I'm sorry, but I won't have that chance again."
Both men were silent.
In a blink of an eye, the two have been working together for nearly ten years, and John has grown from a silver producer in his thirties and almost forty years old to the president of Hollywood Independent Film Production Company, and his head, which already has traces of baldness, is completely bald.
Wu Yuan has also gone from being a fledgling director to a world-renowned international director.
"John, if I'm not mistaken, you're 48 this year, aren't you?" Wu Yuan patted John's shoulder with emotion: "I think you should also enjoy a good retirement life." ”
"After the negotiation of this merger and acquisition case is completed, I will give you a 5% interest in the sale of shares, and use the money to enjoy life."
"I don't want to hear Emily complain anymore."
Emily is John's wife, and every time Wu Yuan comes to the United States, she will visit John's home, and every time she visits, Emily will complain to Wu Yuan that her husband is too busy with work and should have a leisurely vacation to relax.
However, because Wu Yuan was absent from the United States for a long time, John needed to make decisions about the company's affairs, so his vacation never took place.
However, this time John should be able to take a big vacation and take his family and children to travel around the world.
The value of 5% of the shares of Light Times is not a small amount of money.
Based on Wu Yuan's bottom line of $1 billion, 5% of the shares are worth $50 million, which is enough for Jonh to be financially free in any country in the world.
He also deserves the reward.
Over the years since the establishment of Light Times, John has managed the company for Wu Yuan in every detail, and has worked hard to make movies, earning Wu Yuan hundreds of billion dollars.
Movies such as "The Hangover", "Twilight", "Wonderful Night at the Museum", as well as "Kung Fu Dream" with Cheng Long in the later period, and "Fake Marriage" in the middle, are all filmed by John himself as a nominal producer.
These films also made more than a billion dollars in net profits for the Light Age, plus the valuation created for the company, and now that John has retired, Wu Yuan should give him a due remuneration.
"Wow, Daniel, you're the most generous boss I've ever met." John's old face smiled like a chrysanthemum, and he also knew very well how much the valuation of the Light Age could be, and 5% of the shares was really not a small amount of money.
"John, how much money do you have left on the company's account?"
"All this money should be transferred to my Huaxia's company account as soon as possible."
"This," John asked, hesitantly, "Daniel, isn't that a good fit?" ”
"If Disney knew that the company was only an empty shell, they wouldn't be willing to pay a high price for the light era."
"We should at least leave the company with a healthy financial position."
"Nope." Wu Yuan shook his head, and a smile appeared on the corner of his mouth: "Do as I say." ”
"They will accept it, at least there is no debt in the light of the age, and I will not really drain all the liquidity, and the company has not yet received two or three follow-up box office accounts for the film."
"John, what Disney wants is to give me a gift out of the country, as for this company, in fact, they don't care much, hundreds of millions of dollars more or hundreds of millions of dollars less, it's not bad." (End of chapter)