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Rebirth capital madman - Chapter 622

Published at 17th of March 2022 07:19:51 PM


Chapter 622

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When Gao Xian promoted his financing services to Kirk kirkerian, he seemed to casually convey the idea that businessmen are used to, that is, he wants to get the studios of MGM and Lianmei in order to sell the copyright of relevant video game adaptation to Sega, which is about to make a lot of money in the market. Fortunately, in addition to the shareholder income, Further realize the purpose of transferring the wealth of listed companies to personal pockets.

To take a step back, Gao Xian doesn't worry. Kirk kirkrian is smart enough to see that the copyright of these movie libraries is still the much-needed source of program content in the rapidly developing wire TV industry, because the copyright of these movie libraries can also provide more benefits, that is, the popularization of home video recorders at an unexpected speed in the next few years.

At this stage, color TV has been popularized in economically developed areas, while the well-known cable TV that can provide dozens or hundreds of TV channels in the "old script" more than ten years later is in a period of savage growth, but the program content is relatively in short supply.

After all, in these economically developed regions, especially in places with mature business environment such as the United States, the awareness and mechanism of copyright protection have been very perfect.

This is the case for cable TV programs, especially for videotapes. Even the inevitable development trend in the future - digital media including VCD, DVD and Internet streaming media are also covered by the copyright term of these studios.

In short, by getting rid of the management burden of MGM and Lianmei's assets, employees and so on, and obtaining their film library, and mastering the themes with fire potential in the future, Gaoxian can create a considerable and stable long-term financial source.

After determining the cooperation framework with Kirk kirkerian, Gao Xian entrusted the details to his subordinates, while he went to find John Beckett, chairman of the board of directors and CEO of Pan am.

Many brands in the American industrial and commercial circles are easily confused when they are spread to other parts of the world. For example, the prefix "General Motors" is widely known as general motors and general electric. In fact, there are old stores with a long history such as general dynamics, general instruments and general mills, especially general dynamics, as a national defense enterprise group, The status can be described as pivotal. Once it is not carefully distinguished, it is easy for netizens in the "old script" to have a water war in the mobile Internet era decades later, but the muzzle of the gun is not aimed.

The word "Pan American" is favored by American corporate brands to the same extent. The most famous example is Pan American Airlines, which is still alive at this stage. As for the Pan American visited by Gao Xian, it is an insurance giant headquartered in San Francisco. Its main business scope includes life insurance, medical insurance, pension, etc.

Historically, Pan American and Bank of America are closely related. It was also established by the founder of Bank of America, amadio Giannini, who has served as the holding company for a long time. That is, amadio Giannini puts the income including Bank of America under Pan American.

However, after the death of amadio Giannini, the US Congress passed the bank holding company act in 1956 to prohibit bank holding companies from engaging in non banking business. Therefore, Pan American and American banks went their separate ways and focused on insurance business.

John Beckett has been the CEO of Pan American since 1960. He has made Pan American famous through a series of remarkable diversified operations, such as the acquisition of Lianmei film, the construction of San Francisco skyline Pan American pyramid and so on.

The fly in the ointment is that diversification often hides various hidden dangers. Take Pan American's acquisition of Lianmei as an example. The main purpose of Pan American is to manage its own popularity with the help of the advertising effect of Hollywood. However, the cross-border between the insurance industry and the film industry is too large, resulting in constant contradictions between the two sides. Pan American's attempt to rename Lianmei film as Pan American film alone forced the most capable management of Lianmei film away. In the end, Lianmei film failed to change its name to Pan American film.

This year, the movie "the gate of heaven" has become the last straw to crush the relationship between the two sides. The shooting budget of "the gate of heaven" is as high as US $44 million, but the box office is only US $3.15 million. The resulting loss of more than US $40 million is a pile of shit on the beautiful financial statements of Pan America, which is not generally dazzling.

In this case, Gao Xian came to the Pan American headquarters - Pan American pyramid according to the set schedule. When he met John Beckett, what he talked about was not whether Lianmei would sell, but how much Lianmei would sell!

John Beckett is quite honest. His direct quotation of $400 million does not exceed the upper limit of Gao Yi's valuation range for Lianmei.

Gao Xian directly bargained for a 20% discount. "US $320 million in cash, which will be paid in 45 days, is enough to ensure that Pan American's fourth quarter financial report and this year's annual report will not become extremely ugly because of Lianmei's huge loss on the film" the gate of heaven. "

After hearing this, John Beckett looked a little better. Sir Gao was not the first purchaser to come to negotiate after receiving the news that Pan am intended to sell Lianmei, but he was the happiest person to pay. Even if Lianmei was a mess, it belonged to one of the eight Hollywood film companies.

"380 million dollars, that's the lowest price." John Beckett joked, "Sir Gao, anyway, the actual acquirer is Kirk kerlian. Why do you save so much money for him? Add more."

"US $350 million." Gao Xian made a concession and stressed: "don't forget, this is a cash transaction, and the payment time is not delayed, so Pan Am's profits will not be dragged down by Lianmei's losses."

It has to be said that Gao Xian knows what John Beckett wants most. He has served as the CEO of Pan am for 20 years, and should retire in three years at most. However, the external evaluation of him has been very high, one of which is based on the financial statements. Unfortunately, his investment in Lianmei has now become a failure.

Seeing John Beckett's face showing an imperceptible color of struggle, Gao Xian glanced around, leaned forward, added in a low voice: "Sega's IPO is imminent. If you or Pan Am are willing to subscribe, I can provide convenience."

"Deal!" John Beckett made a quick decision as he patted the table.

……

The news that Pan American sold Lianmei to Kirk kirkerian shocked the outside world once it was disclosed.

First of all, the fire damage of MGM hotel is serious. Kirk kirkerian has spare money and leisure to buy Lianmei. It's really powerful!

Secondly, it is obvious to all that these MGMS have been beaten, skinned and harmed by cork kirkerian. Cork kirkerian is notorious in Hollywood. Now it is Lianmei's turn.

In fact, it was also true. Soon there was news that Kirk kirkerian sold Lianmei's library for cash, which made the outside world feel pity for Lianmei.

PS: bow to thank the book friend: the reward of ambush!!




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