583【Strategy】
"What's more, Chen Songqing's secret has not been completely found out. Think about it, since his company went bankrupt, where did he get the 70 million Hong Kong dollars to acquire Jianing?" Ye Jin reminded Luo Kangrui.
Before, Chen Songqing acquired Jianing, but he really took out 70 million Hong Kong dollars. Such a large sum of money could not be taken out by a bankrupt.
"That's right, it seems that he still has many secrets." Luo Kangrui was reminded by Ye Jin and immediately said suddenly.
Where can a person who has gone bankrupt and goes bankrupt get 70 million Hong Kong dollars? He must have a source of funds, and it will not work if he doesn't find out clearly.
"So don't rush to expose him, just keep a close eye on him. Now he is in the light and we are in the dark, and he can't run out of our palms." Ye Jin smiled.
At present, Chen Songqing didn't know that they were secretly investigating him, so he would definitely continue to commit his scam and not rush to run away. If you want to catch him, there is still a chance.
"Well, it makes sense, just do it." Luo Kangrui nodded and said.
...
In Hollywood, "Robot Men" is still being released, with a cumulative box office of $65 million. It is expected that the box office of $80 million by the end of the first round of release, which should not be a problem.
At the same time, another movie "The Girl in Red" directed by Mai Jiashan and starring Robert Redford has also begun previews and is expected to be officially released in mid-March.
Judging from the preview reaction, the audience is still very interested in this romantic comedy. At the preview, there were constant laughter and laughter, and there were as many as twelve times, which fully proves the funny skills of this movie.
Although it cannot accurately estimate its box office at present, the possibility of a box office hit is very high. Both the critics and theater companies are very confident in it.
After the news that Fox Pictures' new film received a great response, its stock price rose slightly again, which made a group of investors who subscribed to Fox's new stocks very excited.
In terms of Fox TV, among the three media companies I have contacted before, Ralph Media has a strong desire to sell it.
Because it owed a lot of debts in its expansion in the past few years. Although it has made profits over the years, it is still difficult to repay its debts.
So Luson Ralph, the founder of Ralph Media, was willing to sell the company and cash out the money, and then go to New York, Hawaii, and Florida to sigh the world.
However, Ralph Media's asking price is not low. Four TV stations have offered $300 million. If we count the debt it bears, Fox TV will have to pay $500 million, which is really a bit high. So Fox TV is still talking to him now, striving to reduce the amount to about $400 million.
As for Urban Media and Bowen Media, they have no intention of selling. In the eyes of these two media, their TV stations have good operating conditions, high ratings, and a lot of advertising revenue. They do not need to be sold and cashed out at all.
In addition, Fox TV has also negotiated acquisitions with sixteen local TV stations. Four of them have reached an agreement with Fox and expressed their willingness to sell them. The next step is to discuss specific acquisition matters, such as price, payment method, asset inventory, etc.
Overall, the expansion of Fox TV is still relatively smooth.
...
The outside world is also very optimistic about Fox Group's development strategy.
Many economists believe that it is very clever to focus the company's future development strategy on radio and television.
One thing is that TV itself is very popular, with high ratings and high returns. Fox's development of a radio and television career will help increase the group's revenue.
Second, TV is still a very good publicity channel, which can save Fox Group's large advertising costs, which is naturally an excellent thing for it.
Three TVs are also a great distribution channel, which can play movies from Fox Pictures’s library. In this way, these inventories recreate value, and Fox TV also has excellent programs broadcast, killing two birds with one bird.
The film is authorized to be broadcast by TV stations and earning copyright fees is itself part of the movie's profit. Many movies are not popular when they are released, but after repeated broadcasts by TV stations, they have gained a large number of fans and made the value of the movie reappear.
For example, when "The Shawshank Redemption" was released, the box office was only 18 million US dollars. Compared with the production cost of 25 million US dollars, it was a loss to my grandma's house.
But in 1997, after Turner TV obtained the right to broadcast the TV of "Shawshank Redemption", it continued to replay the movie in the following time, making its charm discovered by more and more viewers.
In the end, "The Shawshank Redemption" won back everyone's favorites. Its video tapes and DVDs have always been at the forefront of sales and rental rankings. Even its locations, Mansfield and Ohio State Residential Institute, have become popular tourist attractions.
This is a typical example of a benign interaction between TV and movies.
With so many benefits, Fox Group's expansion of its TV career is definitely a wonderful move.
After expert analysis, the public also understood the trick of Fox Group to expand its broadcasting career. As a result, Fox's stock price soared sharply.
The stock price does not reflect actual assets or the company's income, but the public's confidence in the company's future.
The company has good future development prospects. Even if it doesn’t have many actual assets or is even in a loss-making state for many years, its market value may still be outrageously high, such as the US Group, Beijing East, and Uber.
On the contrary, if the company's prospects are bleak, the original business has reached a bottleneck, and no new performance growth points can be found, then even if the company's profits are high, the market value may be very sluggish. For example, Baidu, Sougu, 360.
Fox Group was originally one of the six major Hollywood players. It is already the king of the film industry, and it is very difficult to get to the next level. That is to say, in terms of the film industry, it is approaching a bottleneck.
To expand the broadcasting industry, it has found new growth points for performance, and its future development is limitless. Major investment institutions and retail investors are optimistic about its development, so naturally its stock price is rising steadily.
When Fox Group reached acquisition intentions with Ralph Media and four local TV stations, Fox's stock price rose by nearly 40%.
The market value soared from US$2.6 billion to US$3.5 billion, ranking among the top six major Hollywood films, equivalent to six Disney Pictures, three Universal Pictures and two Columbia Pictures.
Two years ago, Fox was the worst one among the six major Hollywood films, with a market value of only 800 million US dollars, carrying huge debts, and hovering on the brink of bankruptcy.
Two years later, it has changed so surprisingly.
Without careful analysis, you will know that all these changes come from Ye Jin.
It was he who released a number of blockbuster movies that saved Fox's performance and helped it get rid of the fate of bankruptcy; it was also his development strategy that allowed Fox Group to find new growth points in performance.
So, for a time, Ye Jin's popularity, reputation and influence in Hollywood and America also increased.
...
Chapter completed!