Chapter 776: Success is in sight
In the United States, sometimes it can be delayed for a year or two, but sometimes it can be very efficient.
For example, in the financial industry, the focus is on timeliness. Sometimes, not to mention one day, one hour can change drastically, so they especially like high efficiency.
The deal negotiations between Goldman Sachs and Yin Jun have been almost three weeks since the 10th. In addition to the first ten days when Yin Jun negotiated with them, their opponent next became Le Yiling.
Le Yiling fully utilized her female aptitude, arrogant, stingy, cautious, and careful in details... These personality traits gathered together, making Goldman Sachs' Corauti and Lee White's head bigger.
Of course, it is not that they have no choice but to use Leyiling. It is really the kind of person who is "strong if you don't want to be desirable". She doesn't like Disney companies that are expensive and not easy to manage, so no matter how threats or soft-hearted they are, they are not of much use to her.
Only by doing more about the price can you promote a good business.
When it comes to prices, can Leyiling lose to them when relationships are equal or even slightly higher?
After several consecutive days of fierce negotiations, everyone finally came up with a relatively suitable price.
Yin Jun entrusts Goldman Sachs to acquire Lianyi Film Company and Disney Company in a package for US$2.8 billion, and Kirin Group does not pay Goldman Sachs additional remuneration.
On the day of signing the entrusted acquisition contract, Yin Jun paid the first deposit of US$1 billion.
The second transaction was 1 billion US dollars and paid after the transfer of the two companies to Yin Jun's name.
The last 800 million yuan will be settled within half a year of paying the second money.
This price is not cheap at first glance, and it only narrowed the gap of 200 million US dollars compared to what Yin Jun and Klauti negotiated.
Moreover, Lianyi Film Company had no penny in its account. After Yin Jun bought it, he immediately had to pay an operating amount of up to 170 million US dollars, otherwise Lianyi Film Company would fall apart.
Even more exaggerated is Disney.
As a listed company, Disney actually has a value of US$2.2 billion, including debts, and the market value of the stock market is around US$1.5 billion, but their debts are as high as US$1 billion, and this debt is not included in the acquisition price.
What it means is that since the day Yin Jun acquired Disney, he has taken over $1 billion in debt, with an annual interest of up to $80 million!
Most of the reason why Disney's financial situation was so bad before was that it was because of the high interest payments made every year, but its own profits did not increase significantly.
But there is nothing to do about this.
Lianyi won’t talk about it anymore. If they weren’t at the end of their lives, they wouldn’t have sold their shares, so the price of about 400 million is quite appropriate.
Disney is different. People don’t want to sell it at all. Goldman Sachs insisted on asking Yin Jun to buy it.
In this way, the price will definitely not be low.
On the surface, Yin Jun was fooled and bought a large vase that was not worth buying at a high price. In fact, only Le Yiling knew how eager Yin Jun was to take down Disney in his heart.
Therefore, even though the price was a bit high, Leyiling finally agreed.
Accompanied by Le Yiling, Yin Jun went to Goldman Sachs Xiangjiang Branch and signed a commissioned acquisition contract with Li White, and invested a deposit of 1 billion US dollars into Goldman Sachs' account. The business was on track.
Li White did not dare to tell Yin Jun that although Lianyi Film Company had done it, Goldman Sachs was just actively contacting Disney with some tests and had no Disney shares in hand.
But they are so brave, they will talk about it after collecting the money.
Anyway, as long as it is a company in the stock market, as long as it is not a super giant like BIM or General Electric, Goldman Sachs has the ability to win them.
Goldman Sachs' profits from this deal with Yin Jun are conservatively estimated to be 400 million US dollars. Such a huge profit will make Goldman Sachs very satisfied and will inevitably lead to the completion of the transaction as soon as possible.
In fact, the reason why Goldman Sachs thought of selling packaged projects to Yin Jun was because of this era.
In 1980, the United States rose to a craze for mergers and acquisitions.
In this decade, more than 360,000 companies in the United States have been merged and acquired, thus forming one large group company after another.
The same is true for entertainment media. There are hundreds of companies in the United States that engage in entertainment media.
But in 2020, you can see that it is just the six major Hollywood media groups.
Under such a general environment, it has become much more convenient to acquire listed companies through approval by the Securities and Exchange Commission (Sec).
You should know that before this, Sec was notoriously strict and harsh, and few foreign companies could acquire local American companies.
That is, taking advantage of this opportunity, Colombia will sell it to Sony at a sky-high price, otherwise you will have a day. Our company wants to acquire the top seven Hollywood companies?
Haha, go and see if it’s dark, otherwise it won’t be a dream!
The acquisition of Columbia Company and Yin Jun’s current acquisition of Lianyi Film Company are completely different.
Lianyi Film Company said it is the seventh largest Hollywood film company, but it is the bottom among the seventh largest Hollywood film company. It is often not as good as some independent second-tier film companies, but they are just big brands and experienced.
Even their ace "007" has lost its appeal over the years, which shows how lonely they are.
Colombia is a serious Hollywood giant, and the momentum was still very strong at that time.ony spent 5 billion yuan in cash and 1.6 billion yuan to bear debts, plus part of the agency fees, and a total of 7 billion US dollars to win Colombia, which is almost twice as much as Yin Jun’s current purchase of Disney.
You should know that the price fluctuations of film companies, especially large companies, will not be too large under normal circumstances.
In fact, Columbia is now worth about 6 billion yuan, of course, including about 800 million yuan in debt.
There are very few American companies that do not owe debts, including Apple, which will be in full swing in the future. It is not that it has no money to pay off its debts. It has more than 200 billion US dollars in working capital, but Apple likes to borrow money to use it. What can you do with it?
It is because Lianyi Film Company encountered the cheating product "Gate of Heaven", and was cheated and almost went bankrupt, otherwise Yin Jun would not even be able to catch up with it.
As for Disney?
hehe!
Which film and television industry is more popular with this cartoon production company?
Goldman Sachs doesn't look down on them very much, and thinks it's just something children play with.
Otherwise, they would not recommend it to Yin Jun, but to richer people.
Yin Jun didn't know much about Goldman Sachs' thoughts, and he didn't know much about capital operations.
But he knew that the contract had been signed, and with Goldman Sachs' status, he would never be able to do anything that could not be entrusted.
This is a huge blow to them that is even more uncomfortable than losing money.
If this matter fails, then when someone mentions Goldman Sachs, he will say, "Oh, Goldman Sachs, it's the investment bank that took the money from Kirin Group but ended up being unable to complete the acquisition? What's the use of this for them?"
What does Goldman Sachs rely on to dominate the world?
Didn’t it be through 100% completion of the commission to bring customers the idea of “I’m relieved to leave it to Goldman Sachs”?
You agree but can't do it. This is really a big mistake in the financial industry.
Therefore, after signing the contract, Yin Jun began to take out a thick stack of scripts in a safe that he had not opened for a long time.
The first script that started has three words on it
"The Lion King".
That's right!
This is the super classic masterpiece that regains Disney's animation department.
It was also from this animated film that Disney's animation once again became famous in the world and became the number one in the industry.
This is also known as the final glory of 2d animation.
Yin Jun is planning to use it as his first signature work after acquiring Disney.
Before I developed to be stronger, Disney's path should be like the previous life, slowly accumulating energy and soaring into the sky in the end.
After Disney took over in his previous life, Michael Eisner took over in the 1980s, he paid the most attention to development. The first is their Disney TV channel, and the second is their peripheral product stores.
It turns out that it was these two correct steps that brought great benefits to Disney and allowed Michael Eisner to have the strength to make more animated movies and acquire more and better companies in the 1990s.
Since it is the right path, Yin Jun does not intend to change it.
But based on this, the boy decided to add all the peaks of Disney animated films in the 1990s, so that it can develop together in animation, television, paradise and surrounding areas.
The first one to make a name for itself is naturally this "The Lion King".
In Chinese people, "The Lion King" is actually a typical plot: the prince's father was killed and he was forced to escape from his territory. After a series of hardships and unite his friends, he finally came back to take revenge and regained his throne.
However, this plot is applied to animation, combined with exquisite production and perfect musical effects. At that time in 1994, "The Lion King" caused a global sensation and became a classic in the hearts of countless people.
Even today, in the performances of each Disneyland, there are small theaters "The Lion King" performed every day, which will make a group of children scream and cheer.
The success of "The Lion King" is not only in terms of reputation, but also in the jaw-dropping box office.
If inflation is not included, as of 2017, "The Lion King" ranked third in the global animation box office rankings, second only to "Frozen" and "Toy Story 3", with a total of 987 million US dollars.
But if you count inflation, the box office of "The Lion King" is as high as 1.57 billion US dollars, far surpassing "Frozen" and is the well-deserved No. 1.
This is just the box office of the Lion King movie.
With Disney's peripheral product development capabilities, in the next 20 years, the sales of peripheral derivatives of "The Lion King" have exceeded US$2.7 billion, and they will continue to make money like this in the future!
Such a big gold mine for global animation box office, it is most appropriate to give Disney as its first gift after the change of ownership!
As long as Disney's animation production department is stabilized, it will be a victory at the current stage.
Not to mention Pixar’s soul character John Lasset, their animation studio director, the famous Jeffrey Carsonberg!
Speaking of Katzenberg, many people may not know him well enough.
But when it comes to another company he founded with two old friends after he left Disney in 1994, everyone will suddenly realize it.
Dreamworks!
Moreover, the famous DreamWorks animation was also built by him!
If it weren't for the six Hollywood giants at that time, DreamWorks might have really risen and become the seventh largest giant in Hollywood.
DreamWorks failed in the end, but DreamWorks animation has always been very strong!
Knowing that such a giant is here, do you think Yin Jun can let him leave?
...
(I've been busy lately. I only found that the reward income has increased a lot today when I look at the royalties. Looking back, I found that the second leader of the "Zhoum M One Second" was born. I'm really sorry, the leader will be given up tomorrow!!)
Chapter completed!