America's Road to Fame
Chapter 364
Chapter 364
However, Redstone is too old now. If he were younger, Paramount might not be sold. Now that he is too old, his control over Viacom Group is not as good as before.
And for so many years, for the power of the group, he has turned against almost all relatives, and even couldn't find a suitable heir for a while, which also made Viacom's future not optimistic. The Redstone family's control over the group , There has been a lot of friction with the group's management and shareholders.
In this case, it is also possible to acquire Paramount.
However, according to William Chen's estimation, as the American economy is slowly recovering, the best time to buy a film and television company has passed. Now, if you want to buy Paramount, you may need at least 100 billion US dollars, and you still need to face more troubles , including the review of the United States, will be a protracted takeover battle.
Anyway, if it was Chen William himself, he would definitely not choose to buy this company, because even if he bought it, he would have to bear a lot of debts, which is far less affordable than the [-]th Century Fox and MGM Pictures he bought before.
Of course, as a Huaguo company, Paramount is probably the best company Yida Group can buy. For the rest, Lionsgate has little chance. Among the shareholders is "Lone Wolf" Carl Icahn. Not an easy character to get along with.
Or, just like in the previous life, buy Legendary Pictures, this choice is not bad.
It’s just that in the previous life, Yida Group spent 35 billion U.S. dollars to purchase Legendary Films, which had a debt of 90 billion U.S. dollars. In hindsight, it seemed very wrong, because when Yida Films went public, it even had to spin off the company. , because its financial report is really not good-looking.
But in general, if Yida wants to go overseas and develop internationally, then Legendary Pictures is indeed a good choice. As for whether the company’s price of 35 billion US dollars is too much of a premium, there is no way around it. If your foreign company wants to buy a Hollywood company, it will be very difficult to get it without a premium.
After all, for these Hollywood companies, Yida Group is an outsider. If the company is acquired by it, it will certainly not be too positive in the future. It can only accept its acquisition in two ways. One is We hope to use the Huaguo market to develop ourselves, and the other is that shareholders can sell the company at a good price and make a profit.
Moreover, at that time, Yida Group did not make the acquisition until a few years later, and the golden period of bottom-hunting during the economic crisis had passed, and the only way to make a successful acquisition was to pay a premium.
If Yida Group still wants to buy a certain Hollywood company this time, William Chen will only provide limited help and will not persuade too much. Certainly, often not even appreciated.
After William Chen and Yang Mi returned to her residence in Shanghai, Yang Mi suddenly asked:
"Honey, do you think there is a future for investing in the e-sports industry?"
"Oh? Why do you have such an idea?"
William Chen asked in surprise.
"That classmate Xiao Wang, when you were discussing important matters with that boss Wang just now, didn't I see that he was a little dazed and didn't talk much, so I chatted with him casually. I didn't expect him to be very interested in the game. Interested, said that his father gave him a sum of money to invest, and now he is interested in e-sports and wants to buy a team, so we chatted about this, I think it is very interesting.”
Oh, so it is.
It has to be said that Xiao Wang at this time has just returned to China not long ago and has not yet entered the circle of the top rich second generation, so he is still a little green at this time.
It's not the later "Internet celebrity harvester", who treats feelings with a bit of innocence, just like the girlfriend he talked about before, who doesn't know his family, just because he didn't buy him a famous brand The bag was broken up...
Xiao Wang was still very excited to see William Chen today. Speaking of which, he was about the same age as William Chen, but when he was studying abroad, William Chen was already well-known, and he talked about it with his friends a lot The scandal about Chen William and the like.
And now, Chen William has become the top super rich man on the Forbes list, and his industries are all very influential companies. In contrast, he just returned to China and plans to start a business with the 5 million Chinese coins given by his father , the gap between them is like the gap between ordinary people and classmate Xiao Wang.
Therefore, classmate Xiao Wang still admires William Chen very much, and his eyes can't deceive anyone. From the eyes he looked at William Chen at that time, he brought the light of fans seeing stars.
Because of this, Xiao Wang was still very polite to Yang Mi who went with Chen Weilian, not like the disdain he faced the entertainment stars later.
Moreover, Yang Mi's status at this time is not just a star, the Heytea she invested in is very popular in Huaguo at this time, and the net worth she got from this is no less than that of Xiao Wang at this time .
But since Yang Mi mentioned the e-sports industry, she also knows that she still likes playing games, especially after Riot Games’ League of Legends authorized Penguin to act as an agent in China. The foundation of DOTA quickly became popular in China.
Because Yang Mi was busy with filming before, she even found time to play a few games. Now that HEYTEA company is on the right track, she handed over most of the things to HEYTEA CEO Fu Xinjing. They are much less, so I have more free time. I often play games when I have nothing to do. There is already a trend of Internet addicted girls.
When William Chen was with him, he had seen her yelling and playing League of Legends, so it was understandable that she would be interested in e-sports.
After William Chen pointed out, Hey Tea Co., Ltd. was established and achieved great success. The new stores continued to be popular. Now Yang Mi is also very concerned about William Chen’s opinion, so today I heard Xiao Wang say that After getting up and wanting to invest in the e-sports industry, she first asked William Chen for his opinion.
Chen Weilian was held by Yang Mi's arms, seeing her looking up at him seriously, he pondered for a moment, and said:
"The e-sports industry has room for development in the future, and it will be more and more popular among young people. However, if you simply invest in e-sports teams, it is not a particularly good business."
"Ah? Honey, didn't you say that this industry will have good room for development?"
Yang Mi asked in puzzlement.
"That's right, but what I'm saying is that if it's a business, then investing in an e-sports team is not a good business, because the return on investment is not high, and it may even require continuous investment, so you won't make much money in the end , unless you develop a team and finally sell it for a good price, you can make money."
William Chen nodded her nose and said with a smile:
"It's like football. If you look at football in Huaguo, many people are participating in it. It seems that the football market is relatively hot, but is investing in football a good business? No, because some foreign clubs may make money. But Huaguo's football team makes very little money, and most of them are in debt. If it is done as a business, it must be a very bad business."
"But why do so many people enter here, including big companies such as Yida, Hengda and even Ali? Because you have a team, although it can't bring profits, but the benefits you can get in other aspects are very good. There are many, such as the image of the company, a team can be used as the business card of these companies, and having a team with good performance also reflects the strength of the company. Of course, there are many other benefits, many of which are just satisfactory. It will be unspeakable."
"So, e-sports is somewhat similar to football. Those professional teams are actually sponsored or bought by companies, which will have more benefits, right?"
Yang Mi heard Chen William's analysis and asked, "But Xiao Wang, why did he buy a team to enter the e-sports industry? For the promotion of Yida Group?"
Which team do you think is more appropriate to buy at this time?
(End of this chapter)
However, Redstone is too old now. If he were younger, Paramount might not be sold. Now that he is too old, his control over Viacom Group is not as good as before.
And for so many years, for the power of the group, he has turned against almost all relatives, and even couldn't find a suitable heir for a while, which also made Viacom's future not optimistic. The Redstone family's control over the group , There has been a lot of friction with the group's management and shareholders.
In this case, it is also possible to acquire Paramount.
However, according to William Chen's estimation, as the American economy is slowly recovering, the best time to buy a film and television company has passed. Now, if you want to buy Paramount, you may need at least 100 billion US dollars, and you still need to face more troubles , including the review of the United States, will be a protracted takeover battle.
Anyway, if it was Chen William himself, he would definitely not choose to buy this company, because even if he bought it, he would have to bear a lot of debts, which is far less affordable than the [-]th Century Fox and MGM Pictures he bought before.
Of course, as a Huaguo company, Paramount is probably the best company Yida Group can buy. For the rest, Lionsgate has little chance. Among the shareholders is "Lone Wolf" Carl Icahn. Not an easy character to get along with.
Or, just like in the previous life, buy Legendary Pictures, this choice is not bad.
It’s just that in the previous life, Yida Group spent 35 billion U.S. dollars to purchase Legendary Films, which had a debt of 90 billion U.S. dollars. In hindsight, it seemed very wrong, because when Yida Films went public, it even had to spin off the company. , because its financial report is really not good-looking.
But in general, if Yida wants to go overseas and develop internationally, then Legendary Pictures is indeed a good choice. As for whether the company’s price of 35 billion US dollars is too much of a premium, there is no way around it. If your foreign company wants to buy a Hollywood company, it will be very difficult to get it without a premium.
After all, for these Hollywood companies, Yida Group is an outsider. If the company is acquired by it, it will certainly not be too positive in the future. It can only accept its acquisition in two ways. One is We hope to use the Huaguo market to develop ourselves, and the other is that shareholders can sell the company at a good price and make a profit.
Moreover, at that time, Yida Group did not make the acquisition until a few years later, and the golden period of bottom-hunting during the economic crisis had passed, and the only way to make a successful acquisition was to pay a premium.
If Yida Group still wants to buy a certain Hollywood company this time, William Chen will only provide limited help and will not persuade too much. Certainly, often not even appreciated.
After William Chen and Yang Mi returned to her residence in Shanghai, Yang Mi suddenly asked:
"Honey, do you think there is a future for investing in the e-sports industry?"
"Oh? Why do you have such an idea?"
William Chen asked in surprise.
"That classmate Xiao Wang, when you were discussing important matters with that boss Wang just now, didn't I see that he was a little dazed and didn't talk much, so I chatted with him casually. I didn't expect him to be very interested in the game. Interested, said that his father gave him a sum of money to invest, and now he is interested in e-sports and wants to buy a team, so we chatted about this, I think it is very interesting.”
Oh, so it is.
It has to be said that Xiao Wang at this time has just returned to China not long ago and has not yet entered the circle of the top rich second generation, so he is still a little green at this time.
It's not the later "Internet celebrity harvester", who treats feelings with a bit of innocence, just like the girlfriend he talked about before, who doesn't know his family, just because he didn't buy him a famous brand The bag was broken up...
Xiao Wang was still very excited to see William Chen today. Speaking of which, he was about the same age as William Chen, but when he was studying abroad, William Chen was already well-known, and he talked about it with his friends a lot The scandal about Chen William and the like.
And now, Chen William has become the top super rich man on the Forbes list, and his industries are all very influential companies. In contrast, he just returned to China and plans to start a business with the 5 million Chinese coins given by his father , the gap between them is like the gap between ordinary people and classmate Xiao Wang.
Therefore, classmate Xiao Wang still admires William Chen very much, and his eyes can't deceive anyone. From the eyes he looked at William Chen at that time, he brought the light of fans seeing stars.
Because of this, Xiao Wang was still very polite to Yang Mi who went with Chen Weilian, not like the disdain he faced the entertainment stars later.
Moreover, Yang Mi's status at this time is not just a star, the Heytea she invested in is very popular in Huaguo at this time, and the net worth she got from this is no less than that of Xiao Wang at this time .
But since Yang Mi mentioned the e-sports industry, she also knows that she still likes playing games, especially after Riot Games’ League of Legends authorized Penguin to act as an agent in China. The foundation of DOTA quickly became popular in China.
Because Yang Mi was busy with filming before, she even found time to play a few games. Now that HEYTEA company is on the right track, she handed over most of the things to HEYTEA CEO Fu Xinjing. They are much less, so I have more free time. I often play games when I have nothing to do. There is already a trend of Internet addicted girls.
When William Chen was with him, he had seen her yelling and playing League of Legends, so it was understandable that she would be interested in e-sports.
After William Chen pointed out, Hey Tea Co., Ltd. was established and achieved great success. The new stores continued to be popular. Now Yang Mi is also very concerned about William Chen’s opinion, so today I heard Xiao Wang say that After getting up and wanting to invest in the e-sports industry, she first asked William Chen for his opinion.
Chen Weilian was held by Yang Mi's arms, seeing her looking up at him seriously, he pondered for a moment, and said:
"The e-sports industry has room for development in the future, and it will be more and more popular among young people. However, if you simply invest in e-sports teams, it is not a particularly good business."
"Ah? Honey, didn't you say that this industry will have good room for development?"
Yang Mi asked in puzzlement.
"That's right, but what I'm saying is that if it's a business, then investing in an e-sports team is not a good business, because the return on investment is not high, and it may even require continuous investment, so you won't make much money in the end , unless you develop a team and finally sell it for a good price, you can make money."
William Chen nodded her nose and said with a smile:
"It's like football. If you look at football in Huaguo, many people are participating in it. It seems that the football market is relatively hot, but is investing in football a good business? No, because some foreign clubs may make money. But Huaguo's football team makes very little money, and most of them are in debt. If it is done as a business, it must be a very bad business."
"But why do so many people enter here, including big companies such as Yida, Hengda and even Ali? Because you have a team, although it can't bring profits, but the benefits you can get in other aspects are very good. There are many, such as the image of the company, a team can be used as the business card of these companies, and having a team with good performance also reflects the strength of the company. Of course, there are many other benefits, many of which are just satisfactory. It will be unspeakable."
"So, e-sports is somewhat similar to football. Those professional teams are actually sponsored or bought by companies, which will have more benefits, right?"
Yang Mi heard Chen William's analysis and asked, "But Xiao Wang, why did he buy a team to enter the e-sports industry? For the promotion of Yida Group?"
Which team do you think is more appropriate to buy at this time?
(End of this chapter)
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