America's Road to Fame

Chapter 272 CEO Candidates

I don’t know how Boss Ma “discussed with the board of directors” after he went back. Anyway, the cooperation between Alipay and Meta Technology in the field of payment technology has slowly started.

Ivanta was not in Shanghai, so William Chen stayed with Nozomi Sasaki and Erica for two more days. He didn't agree to let the two of them return to Tokyo until it was confirmed that there was no follow-up to the earthquake in Japan and that they were safe.

Although he complained that William Chen was too unreasonable to worry about, his attitude still made the two of them feel sweet.

According to the feedback from William Chen's team in Japan, they have already started contact with the Abex Group and made an offer to acquire Aihui Records. The other party's reaction is quite positive, so Erica is also eager I want to go to Tokyo to participate in the negotiation of this acquisition.

This is Erica's first independent acquisition negotiation, and Aihui Records is the largest record company in Asia, so she can't help but pay attention to it.

"Hi, Mr. Zhang, nice to meet you."

Today, William Chen met with a headhunting company to recommend a CEO candidate for Meta (Asia) entertainment media company. Seeing the middle-aged man in front of him who was elegant and resolute, William Chen flashed his information in his mind.

Zhang Zhao, born in 1963, is now 47 years old. He graduated from Aurora University with a bachelor's degree in information science and a master's degree in philosophy. William Chen is also considered an alumnus - during his stay in the United States, his works won many awards, and he is a very talented person.

After returning to China, Zhang Zhao once joined the Shanghai Film Group, and also served as the vice president of the Viewpoint Communication Company under the State Council Information Office. He was responsible for cooperating with more than a dozen TV stations in the United States to produce and broadcast documentaries introducing Huaguo.

After that, he joined Enlight Media, and then founded Enlight Pictures by himself, serving as the president.Up to now, he has been in Enlight Pictures for four years, produced and distributed more than 20 commercial films, and has maintained a growth rate of 100% for four consecutive years, which is called "Light Speed" by the industry.

Judging from his past resume, he is very in line with William Chen's requirements for the CEO of Meta (Asia) entertainment and media company.

After talking, Chen Weilian knew that Zhang Zhao had intended to leave Enlight Pictures recently because he thought that his current position would not be too challenging. According to his original idea, he hoped to start his own business, but Just at this time, he received an invitation from a headhunting company for the position of CEO of William Chen's Meta (Asia) entertainment media company, so he decided to come here first.

However, since he is willing to come to see William Chen, it means that he is still interested in this position. During the conversation, Zhang Zhao asked directly:

"I don't know what the goal of this position is. What resources and permissions can I get?"

"Meta (Asia) entertainment media company, as the name suggests, is a media company targeting the Asian market, not only the Huaguo market, but also the Japanese, Korean and Southeast Asian markets. It will cover all entertainment industries. I hope to be able to open up the upstream and downstream of the entire industry. , through cooperation to launch entertainment products for the Asian market. I will give you the greatest trust, you can use the resources of the entire Meta Group and sufficient funds, and there is only one goal, and that is to become the number one entertainment media company in Asia."

Hearing Chen Weilian's words, Zhang Zhao didn't get excited. Indeed, at his age, he would look at things more calmly. He asked:
"I know that Mr. William's Meta Entertainment Media has just acquired the EMI Music Group, which has just acquired the EMI Music Group. Now it has acquired the Gold Medal Gale Company and merged with Warner Music's Asian company to become EMI Music (Asia). In terms of business, will EMI Music (Asia) be under the leadership of EMI Music Group or Meta (Asia) Entertainment Media Company?"

"EMI (Asia) will operate relatively independently in EMI Group, because there are still differences between the two markets of Asian music and European and American music. As for Meta (Asia) entertainment media company, theoretically it is for EMI (Asia) has leadership. However, as to whether this leadership will become a reality, it depends on whether the CEO of Meta (Asia) Media Company can be recognized by EMI Music (Asia). I believe that if Mr. Zhang is in this position , will have a deeper understanding of my words, there will be differences at work, but I will only see if the result is beneficial to the future of the entire group, and make a choice which side to support, if you can sit on these, you will definitely get My support."

Zhang Zhao thought for a moment and asked:
"There is one last question, Mr. William, according to the Meta (Asia) entertainment and media company you mentioned, the companies we currently hold in the film and television industry include Huayi Company, Guangguang Media and Huace Film and Television, but these holdings Although there are quite a few and can have certain influence on these companies, they are not many and cannot be effectively controlled, so how can we participate in the production and distribution of the film and television industry in the future?"

"The purpose of Meta (Asia) Entertainment Media Company is to invest in the entire entertainment industry, not just limited to the film and television industry. As for the question you mentioned, due to policy constraints, it is not convenient for us to directly acquire film and television companies, but we can To achieve control, for example, we can increase investment in Huace Film and Television and keep the shareholding at the upper limit of 49%, but Ms. Fan Bingbing’s voting rights will belong to us, so we can actually control this company, so if you If we want to have an effective film and television company, we can start with Huace Film and Television.”

At present, Huaguo allows foreign capital to invest in the film and television production industry, but still limits the direct shareholding of foreign capital to 49%. Therefore, as William Chen said, it is impossible to directly acquire domestic film and television companies in Huaguo, but through common interests , Still able to maintain effective control over film and television companies.

Just like Fan Bingbing Studio currently holds 30% of the shares of Huace Film and Television, and if Meta (Asia) Entertainment Media Company continues to invest in Huace Film and Television to increase their shareholding to a maximum of 49%, then increase With the shares held by Fan Bingbing, the actual holding of Huace Film and Television has been completed, and this film and television company has become a subsidiary company of Meta (Asia) Entertainment Media Company.

This is also the purpose of Chen William's investment in Fan Bingbing's studio to bind the interests of the two, and then invest in Huace Film and Television through Fan Bingbing's studio.

In this way, it is possible to completely bypass Huaguo's regulation that foreign ownership cannot exceed 50%, and achieve de facto control over the film and television company.

Of course, on the bright side, Huace Film and Television will not really become a subsidiary of Meta (Asia) Entertainment Media Company, but the difference will not be too big.Because of many things, everyone knows it is one thing, but if you are too blatant, do you really think that the relevant departments will not take good care of you?
Therefore, Chen William's consistent principle is that wherever he does business, he must respect the local rules. It is the most stupid thing to do whatever he wants with his American identity.

After talking with Zhang Zhao this time, Zhang Zhao also accepted the position of CEO of Meta (Asia) entertainment media company with satisfaction. He will start to use Shanghai as the headquarters and start to build the basic structure of this company.

Now that he has accepted him, William Chen will also give him trust, but he will still continue to observe the other party's actions in this position.Because through this conversation, William Chen also faintly worried that he would focus too much on the film and television industry.

If you just want to develop in the film and television industry, then it is enough to call it Meta (Asia) Film and Television Company. Since it is an entertainment media company, the goal will be the entire entertainment industry and the media industry. During the conversation, William Chen also clicked on him It depends on what he will do after taking office.

The reason why the headquarters of Meta (Asia) Entertainment and Media Company was chosen in Modu, besides being able to work in TC Dongfang Building, is that, as Chen Weilian told Zhang Zhao, Huace Film and Television, which is going to be included in this company first, is in the The vicinity of Shanghai, and the not-too-distant film and television base - Hengdian, still have a geographical advantage in film and television.

Of course, this is also related to some of his follow-up plans, which is what I will talk about later.

(End of this chapter)