"The other party has generally agreed to package and sell Times Cinema, but several major shareholders of Times Cinema want to have a few words with you in person." Li Bing responded.
"Time and place?" Zhu Xu asked.
"Just these two days. I found out here that someone is also investigating Times Cinema. Something might happen. I suggest you cook it as soon as possible." Li Bing said.
"OK! I will take the team to the Times Cinema headquarters tonight. You ask them to make arrangements. We will see you tomorrow." Zhu Xu said.
After saying that, he summoned Tianhai's professional team and headed to Yanjing overnight.
I originally wanted to call Li Tao, but after thinking about it I decided not to. Wang Xuan also needs Li Tao's help in handling the situation.
In the evening, Li Bing came to the hotel where Zhu Xu was staying and informed Zhu Xu more detailed information.
"The price I offered them was 1.4 billion, and the other party generally agreed, but Times Cinema still owed about 400 million in foreign debt. The other party meant that 1.4 billion did not include the 400 million in foreign debt. In other words, if Tianhai spent 1.4 billion to buy Times Cinema, and also inherited Times Cinema's 400 million foreign debt, which is equivalent to a total price of 1.8 billion," Li Bing said.
"If you only owe 400 million in foreign debt and there are no other problems, 1.8 billion is acceptable." Zhu Xu said.
"I also think it is acceptable. I have investigated and found that 6 years ago, Star Group and Huamei Group suddenly entered the theater market. With large screens, new equipment, and new technologies, they quickly occupied many markets. Many small and medium-sized theater chains Being squeezed into bankruptcy, Times Cinema was unwilling to be eliminated. It upgraded its equipment three years ago and purchased the most advanced equipment from Europe and the United States.
Unexpectedly, even so, it still did not stop the footsteps of Star Cinema and Huamei Cinema. In just a few years, these two have developed into cinema giants. Now, let alone the development of Times Cinema, even its living space has been severely squeezed. This is also the main reason why Times Cinema has suffered losses year after year. If Tianhai buys Times Cinema, it can be put into use in a short time. " Li Bing said.
"Normally, Star Cinema and Huamei Cinema are backed by Starlight Group and Huamei Group. They are engaged in commercial real estate. Starlight Cinema and Huamei Cinema are both opened in Starlight Plaza and Huamei Plaza. They are commercial centers integrating eating, drinking and entertainment. Other cinemas take What kind of competition?" Zhu Xu said.
"Yes, now only those theater chains with stable film sources can survive. For example, those theater chains controlled by the three giants Huayi, Starry Sky, and Great Wall. Why are the three giants Huayi, Starry Sky, and Great Wall among the theater chains? They have such great influence because they can provide theaters with a stable source of films," Li Bing said.
Zhu Xu nodded.
What Li Bing said is the same as Tianhai's acquisition of Times Cinema.
Because the three giant companies, Huayi, Starry Sky and Great Wall, have huge influence on domestic cinema chains, Tianhai has no choice but to develop its own cinema chain if it does not want to be stuck. Because you can’t expect Tianhai’s movies to survive a lot of pressure every time, nor can you expect Star Cinema and Huamei Cinema to give Tianhai’s movies high screening rates every time. .
The honeymoon period is okay, but what if there are differences?
Putting your destiny in the hands of others is a very foolish act in itself.
Therefore, if Tianhai wants to become stronger and bigger, it is necessary to have its own exclusive theater chain.
Some people may ask, how many movies does Tianhai produce every year? Is it worth acquiring a theater chain just for a few movies? Don’t you think it’s a waste?
The answer is worth it!
No waste!
Before asking this question, you should think about it. Star Cinema and Huamei Cinema do not have their own production centers, so why do they want to be cinemas? In the final analysis, the theater itself can be profitable.
As long as there is popularity and traffic, theaters can make a lot of money.
After acquiring Times Cinema, Zhu Xu was not worried about traffic issues. Just because Times Cinema itself has been losing money year after year does not mean that Tianhai will also be losing money year after year after acquiring Times Cinema. Who let Tianhai have a boss who defies heaven?
Yes, Zhu Xu's source of confidence is Wang Xuan.
As long as Wang Xuan makes two incredible movies a year and plays them exclusively in Times Cinema, Times Cinema will be able to live well.
. Not to mention, Wang Xuan can not only shoot it himself, but also write scripts and let directors under Tianhai film them.
Now Tianhai has Chen Kai and Shen Zhe, and these two are now enough to take charge of their own business. Chen Kai has become a god in the director world, and Shen Zhe should have no problem winning three or more awards at next year's Golden Rooster Awards, Huabiao Awards, etc. After all, "A Better Tomorrow" has done so well at the box office.
And Wang Xuan is likely to win the Best Actor Award.
With Wang Xuan’s script and the abilities of Chen Kai and Shen Zhe, it shouldn’t be a problem to produce two hits a year, right?
And Tianhai's director department not only includes Chen Kai and Shen Zhe, Du Feng and Wang Wei were also brought out by Wang Xuan. Over time, if Du Feng and Wang Wei can take on their own roles, Tianhai will be able to produce many blockbuster movies a year, all of which will be exclusively shown in Times Cinema. Revitalizing the popularity of Times Cinema will not be a problem.
Anyway, if 1.8 billion can win Times Cinema, Tianhai will make a lot of money. Let me just say that at the beginning of this year, the total box office of "A Better Tomorrow" was 3.6 billion, but theater chains took 52% of it, which was more than 1.8 billion, which was enough to buy Times Cinema.
Therefore, it is really necessary for Tianhai to establish its own exclusive theater chain.
Channels are the winner!
After telling Zhu Xu the details, Li Bing went back to rest. The next day, the two took Tianhai's team to the headquarters of Times Cinema in secret. Several shareholders of Times Cinema greeted them at the door. The atmosphere was quite harmonious when they met. After entering the conference room and taking their seats, Liu Chen, the chairman of Times Cinema, said a word that made the atmosphere tense.
"Tian Hai has good tricks!" This is what Liu Chen said. When he said this, his tone was a bit cold.
Zhu Xu was stunned for a moment when he heard this, and then smiled: "Why did Mr. Liu say this?"
"In order to swallow up our Times Cinema, Tianhai even took advantage of the little princess of the Ministry of Commerce. Why are you pretending to be stupid now?" Liu Chen snorted.
Hearing this, Zhu Xu glanced at Li Bing calmly and said with a smile: "Why don't you use the resources if you have them? Besides, isn't Times Cinema's problem its own problem? If it wasn't for Times Cinema's poor management, why would Times Cinema falsify the annual report data? Why do you and I need to sit at this negotiation table?"
"It makes sense. There is really nothing to say about the winner and the loser." Liu Chen said.
"So let's get to the point." Zhu Xu said.
Liu Chen nodded: "I think the little princess has told you what we mean. Tianhai can acquire Times Cinema, but it needs to inherit the current debt owed by Times Cinema, which is about 450 million. Then, Tianhai will have to pay a lump sum. We have 1.4 billion in cash."
"No problem, we can accept this price, but before that, our Tianhai team needs to take stock of all aspects of Times Cinema's data reports, assets, etc." Zhu Xu said.
"Of course." Liu Chen said.
At this moment, the second largest shareholder of Times Cinema spoke up: "Mr. Zhu, aren't you afraid of losing money by acquiring Times Cinema at this time? In the current theater market, almost all of them are occupied by Starlight Cinema, Huamei Cinema, Dadi Cinema, and Hualian Cinema , the Shinkansen Cinema has a monopoly, so it is not a wise choice for Tianhai to enter the theater at this time.”
"It doesn't matter, we just want to ensure that Tianhai's movies are not stuck." Zhu Xu said.
"......"
Several shareholders looked at each other, nodded, and one of them said: "If, I mean if, we don't need any money, we can buy shares in Tianhai at the price of our existing shares, is that okay?"
Zhu Xu shook his head: "It is impossible to invest in Tianhai. Tianhai currently does not even have shares in the best actors, actresses, singers and queens. It is possible if Tianhai acquires Times Cinema, but with 1.4 billion, it can only hold 10% of the shares at most. , are you willing?"
"??"
"1.4 billion only accounts for 10% of the shares? No way? This seems a bit bullying."
"Yes. We don't want a penny, which is equivalent to giving a complete Times Cinema to Tianhai, and what we get back is only 10% of the shares? Isn't this a bit unreasonable?"
As soon as Zhu Xu said this, several shareholders were in an uproar.
"See? You are not willing to say this. If I say that you can only hold 10% of the shares,
You don't have the right to intervene in the operation of the theater chain, and you only enjoy the right to dividends. I guess you will be even more reluctant, right? Zhu Xu said.
"......"
1.4 billion shares in the subsidiary, even if it only accounts for 10% of the shares, it only has the right to dividends...
Crazy?
Isn't Tianhai crazy?
Who can accept such conditions?
"So, isn't it more practical to just take the money? Anyway, you have made enough over the years. With this 1.4 billion, you can do nothing for the rest of your life and enjoy the rest of your life." Zhu Xu said.
After the two parties reached an agreement, the evaluation team brought by Tianhai officially began to inventory the assets of Times Cinema.
This is bound to be a big project.
It is impossible to complete the inventory in one week.
At the end of the first day, less than one-tenth of the total was sold. Zhu Xu could only call Li Tao and ask him to return to Tianhai to take charge. He himself settled in Yanjing.
In the evening, Zhang Rongsheng, the second largest shareholder of Times Cinema, came to the hotel where Zhu Xu was staying.
"Mr. Zhu, I'm sorry to interrupt you, but can we chat for a few words?" Zhang Rongsheng said.
"Of course it's convenient." Zhu Xu invited Zhang Rongsheng into the room and asked his secretary to serve Zhang Rongsheng tea.
"I wonder what Mr. Zhang wants from me?" Zhu Xu asked.
"I want to talk to you about the share purchase you mentioned today. I hold 25% of the shares in Times Cinema. If I buy shares in Times Cinema after Tianhai's acquisition at this price, how much share can I hold?" Zhang Rongsheng said.
As soon as he said this, Zhu Xu was stunned for a moment: "No, I made it very clear today. Mr. Zhang is still willing to invest in Times Cinema after Tianhai's acquisition?"
"Yes. As far as I know, when Weng Qiuping sold Tianhai to Wang Xuan, he also bought shares at the price of the entire Tianhai, accounting for 12% of the shares, right? After buying shares, Weng Qiuping also had no management rights, but now, Weng Qiuping Aren’t you making a lot of money? You don’t have to worry about anything, and the annual dividends are estimated to be two to three billion, right?" Zhang Rongsheng said.
Zhang Rongsheng moved out of Weng Qiuping directly, and Zhu Xu knew that there were still smart people.
If Weng Qiuping directly sold Tianhai to Wang Xuan, he could only get 1.488 billion in one lump sum. As a result, he had the courage to directly give Tianhai to Wang Xuan in exchange for 12% of the shares. Over the past four years, Weng Qiuping received 1.488 billion in dividends. There are already 700 million, and there will be more this year. Weng Qiuping will receive at least 300 million by the end of the year. In other words, in 5 years, he will receive 1 billion in dividends.
From now on, he will be able to get hundreds of millions every year.
From this point of view, how smart was the decision Weng Qiuping made a few years ago!
In the same way, if Zhang Rongsheng dares to make this huge gamble, as long as Tianhai can develop Times Cinema, he will make a fortune. 10% of the shares seems small, but is 1.4 billion a lot? It's just a matter of dividends from a hit movie.
If "A Better Tomorrow" at the beginning of the year were all played in Times Cinema, it would have a box office of 3.6 billion, and Times Cinema would be able to get a share of 1.8 billion.
With Tianhai Entertainment's ability to produce hit hits, 1.4 billion in exchange for 10% of the shares would really make a fortune.
"Just 2.5%. If Mr. Zhang dares to make this big gamble." Zhu Xu said.
"Can't it be more? I can get a few shareholders to buy shares at a price," Zhang Rongsheng said.
"Don't say goodbye to Mr. Zhang. In fact, we prefer to buy out Times Cinema directly. Let's do this. I can make the decision and give Mr. Zhang 3%, but Mr. Zhang must keep it confidential. If anyone else comes to me, this agreement will be invalid. "Zhu Xu said.
"No problem." Zhang Rongsheng smiled and said in his heart, "I won't tell those fools."
In fact, what Zhu Xu didn't know was that Zhang Rongsheng took a lot of credit for Li Bing's progress being so smooth. After Zhang Rongsheng learned that Tianhai was acquiring Times Cinema, he became interested and decided to take Wang Xuan's step.
Because he has long understood that with their current shareholders, it will be difficult for them to survive in the cracks between Starlight Cinema, Huamei Cinema and other major theater chains.
But hugging Wang Xuan's lap is different.
Times Cinema is in the hands of Wang Xuan. Not to mention rapid success, survival is definitely not a problem.
question. The films produced by Tianhai alone are enough for Times Cinema to survive well.
So after learning that Tianhai was acquiring Times Cinema, Zhang Rongsheng became interested. During Li Bing's negotiations with them, he quietly did a lot of ideological work for shareholders. Otherwise, several shareholders would never readily agree to sell Times Cinema to Tianhai.
When he said that just now, he didn't really want to tell those shareholders to buy shares. He just wanted Tianhai to give him more shares.
You could say he is selfish.
But isn’t it normal to be selfish?
He didn't stop other shareholders from contacting Tianhai to buy shares, and he even gave some hints. Who could blame them if they still couldn't look away?
Zhang Rongsheng left, and Zhu Xu asked his secretary to call Li Bing.
"Mr. Zhu, are you looking for me?"
"Yes. What did Liu Chen mean when he said you were the little princess of Shang Dynasty today?" Zhu Xu asked.
"This..." Li Bing hesitated.
"Forget it, if it's not convenient for you to say, don't say it." Zhu Xu said.
As soon as he said this, Li Bing relaxed: "Actually, it's not inconvenient. My uncle is a leader of the Ministry of Commerce."
"So when you contacted Times Cinema, you used your connections with the Ministry of Commerce, right?" Zhu Xu asked.
"Yes. Who made them refuse to see me? I made several appointments at first, but they ignored me and even kicked me out. Then I approached my uncle and asked him to send someone to check the data. , took me into the headquarters of Times Cinema in an open and fair manner." Li Bing said.
"......"
........
