Cang Yaozu picked up a glass of wine and thought slowly, Universal Pictures really needs it, although it is not as much as Disney, but Disney's variables are too great, even if there is a chance to win it, it will have to wait until after 2000.

And it's also more regulatory, and the takeover of Disney is likely to be vetoed. Universal Pictures is different, it has been sold in the past two years, and changing owners is the same as drinking cold water.

Ten birds in the forest is better than one bird in hand, so why don't you take Universal Pictures? But where does the money come from? This is a problem.

"Mr. Bronfman, I am really a little moved by what you say. Let me briefly state my thoughts. Seagram Wine Company first cut out ah, this part of the assets has not changed much, although the appreciation is slow but the income is stable, I suggest you keep it, if you really want to exchange cash to go to the mortgage.

Universal Pictures and USA Network cable networks, including Universal Studios and other businesses, removed the $8 billion valuation of Universal Music and the $2 billion valuation of Universal Music, and I traded 5% of ICQ's shares and $5 billion in cash for Universal Pictures shares and 50% of Universal Music's shares.

I will give a guaranteed repurchase price of $5 billion for this 5% ICQ shares within 3 years, and you can sell or keep it at will after 3 years. I think the value of this part of the shares will be around $10 billion in three years.

Universal Music will work with you to build a digital music platform, and if you want to buy Polygram later, there will be no problem, and we will buy it together when the time comes.

I don't guarantee the market value of this music company, but it certainly can't be lower. In the future, we can not only buy Polygram, but also EMI Records and even Warner Music. ”

"Isn't the price a little low?

"Universal Pictures loses money every year, and if you lose a few more years, you can only sell it, I can see that you can't handle this business at all.

In this cooperation, I helped you revitalize the two businesses of film and television and music, and pulled you on the express train of the Internet industry, with these three high-growth businesses, you can lead the rebirth of the Seagram Group.

In three years, your assets are estimated to exceed $40 billion, or even $50 billion. You see, I've got you covered. ”

"I'm a little confused about this, I've got to take my time. By the way, how do you develop Universal Pictures and Universal Music?"

"Okay, I'll tell you about Universal Pictures, which will unite Legendary Pictures and Marvel Studios, and the three will advance at a pace of 3-5 special effects blockbusters per year, with an investment of at least $100 million per film, which can reach $200 million.

If it's 5 films, the box office guarantee will be more than 5 billion US dollars, because I can open up the Huaxia market, co-productions, you know, and I'm building the largest and most advanced cinema chain in Huaxia.

At the same time, I will build three Universal Studios in Yandu, Modu and Huadu in China, with an estimated investment of 3 billion to 5 billion US dollars and five years to complete. These three Universal Studios will be jointly built with Legendary Pictures and Marvel Studios, and there will be a number of large-scale movie attractions inside. ”

"You know that the labor cost of Huaxia is very low, at present, I have acquired two special effects companies in the digital field and Weta Digital, well, it is acquired through the mode of capital injection, and the two special effects companies will work together to take over the special effects work of 5 blockbusters every year.

At the same time, I have opened a film special effects base in Yandu, Huaxia, to undertake the low-end special effects processing work subcontracted by the digital field and Weta Digital with Huaxia's low labor costs, and at the same time take over some special effects production business in China. ”

"Universal Music, my idea is that digital music is unstoppable, but content is always important, let's gather music companies to create the largest Internet paid music platform, and I will create several music variety shows to ensure our singer resources and industry status. At the same time, I have laid out several hardware products related to music. That's all I can say about music. ”

"Why didn't I think of a music variety show? Do you have a specific plan? Tell me about it. ”

"How can I tell you that cooperation or not, you can consider it yourself, and the goal of my cooperation is not only yours. My original plan was to take MGM first, and then wait for the opportunity to take Disney, after all, Disney has a lot of copyrights, Disneyland is more in line with my development plan, and Universal Studios is a bit close. ”

Disney's current market value of tens of billions of dollars, if not ten times that of Universal Pictures, is six or seven times larger. There's no way you can afford Disney at its scale. ”

"Slowly look up, there will always be a chance. Michael Eisner is going to make a mess of Disney and my patience is good. ”

"Then when you take Disney, give it to me, I'm sure I can run it." ”

"What do you think, Disney definitely can't, Universal's can't, MGM can, MGM is bad is the film library. When I win MGM, I can play with you, MGM just has a 007, and each movie can bring more than 100 million US dollars at the box office. ”

"Okay, let me give you a call first, and I'll talk to you later. With that, Edgar Bronfman Jr. got up and went out on the phone.

This is to ask their old man to go, hehe, despite the instructions, I didn't cheat you, I can't run, and the world can't run, the terms of the guaranteed repurchase are still guaranteed, see how their old man chooses.

"You're really good at fooling, this is called the white wolf with empty gloves, right?"

"At most, this is called reluctant to let the child catch the wolf, I also paid 5% of the ICQ shares, and I also guaranteed a minimum of 5 billion US dollars to buy back, which is worth 8 billion or even 12 billion shares, what is the guarantee? That is, it must be higher than this price." ”

Little Edgar Bronfman's phone call did not have any definite intentions, but said that the old man of their family was very interested, asked him to go to New York to discuss it carefully, and sincerely invited Cang Yaozu to go to New York together.

Cang Yaozu was a little too lazy to move, and finally let Melissa convince her, after all, Sheryl Sandberg was in New York, and Cang Yaozu had to go and see her. At the same time, Melissa is of course the main force in poaching Sheryl Sandberg, who calls them alumni.

It will be difficult enough to poach her mentor and direct supervisor, Mr. Lawrence Summers, without offending her, but I believe that the $1 billion guaranteed share option should impress the current Sheryl Sandberg.

On the plane to New York, Edgar Bronfman Jr. was also reflecting on himself, always thinking that he was a genius and bought MCA, and the rapid development of his business was just around the corner.

But in the past two years, I have lost a lot of money, and I have not achieved any results, and I am confused every day, and I am perfunctory by the people below.

Compared with the development plan that Cang Yaozu took out in less than a meal, the gap is too big, and the pattern, resources, funds, and courage cannot be compared.

It's really blind to his background, Universal Studios was built as soon as it was built, and five special effects blockbusters were filmed a year, what kind of trick is this, you have to invest two billion dollars this year, who is the rich second generation, I am really speechless.

Well, it's not a big deal, it's good to hug a thigh, although you don't have your own money, you can make more money than yourself, in less than three years, you will definitely crush yourself, even the Bronfman family will be crushed, the Internet is really terrifying.

It seems that the family has to set up an investment fund and invest in more Internet companies. Otherwise, it would be embarrassing to be easily crushed and despised by these Internet upstarts.

After arriving in New York, the group went their separate ways, and Edgar Bronfman Jr. had to go home first to discuss. Cang Yaozu and Melissa went to meet Sheryl Sandberg, who was attending an economic forum in New York today.

Rushed to the scene of the meeting, found that it was a summit forum on the development of the Internet and the prevention of bubble risks, there was a well-dressed guy on the stage talking about value investment, thinking that the price-earnings ratio of the aviation industry is low, the Internet bubble is serious, and calling on everyone to return to rationality and return to value investment.

This seems to be a fund manager, Cang Yaozu smiled, value investment, hehe, the pit is very big, it will die.

There are really a lot of people who are bearish on the Internet and high-tech, and there is indeed a bubble on the Internet, but if you are short-looking on technology stocks too early, you will lose all your pants.

Value investing, when every dollar is crazy about technology stocks, value investing is also, and they all go to speculate in technology stocks.

Before 2000, the development of the Internet industry was to release water and raise fish, no matter what kind of enterprise you are, you can flutter vigorously, how much splash you can make, how much splash you can make.

After 2000, the big waves swept the sand, and all the Internet companies that did not have enough cash to survive the capital winter had to die. When the water is gone, the fish will stop jumping, and money is water.

Is the dot-com bubble the fault of the dot-com companies? Not really, at least not entirely. There are a few more mistakes on the part of the government. Or maybe it's not wrong.

The bursting of the Internet bubble is actually what the government, or the oligarchs, want to see, release water to raise fish, what to do if the fish is big, pump water to catch fish.

Before 2000, there was excess liquidity, what should I do, persimmons picked up soft pinch, girls picked beautiful guns, Internet companies are the best at telling stories, and money is not just rushed.

Coupled with the Asian financial crisis, the world's hot money is running to Citigroup, and the Internet industry has absorbed the most funds, so it is difficult to think of a bubble.

After 2000, there was a lack of liquidity, and it only took one spark for the explosive barrel to ignite, and then the bubble naturally burst. Big orders are frantically smashing, well, it's time to harvest the wool.

Obviously, all of this is scripted, and the Fed has a baton in its hand.

So, what's the point of studying economics, it's all an oligarchic game, let's do business, engage in management, this time Cang Yaozu is here to save Sheryl Sandberg.

In this era of great changes, we should not be pragmatic, we must be pragmatic, no matter how clearly the economic theory is studied, and the government affairs are more clearly understood, the money that cannot be earned is real, and the people who can make money are those big chaebols and financial oligarchs.