The Best Entertainment Era
Chapter 796: Business Matters
Before July, Ronan went to San Francisco again. Netflix passed a series of audits and reached a final agreement with Nasdaq, which will be listed on the market in mid-to-late July.
Currently, Robert Iger and Mark Randolph are concentrating on this aspect.
It is expected that the price of a single share will not be lower than 120 US dollars.
Ronan also raised the bottom line of financing based on the actual situation, not less than US$5 billion.
In order to cooperate with the listing and soar the stock price, Netflix will have a series of plans including the launch of new streaming media dramas.
On the second day Ronan came to Los Angeles, Tom Cruise also rushed over. The two parties will cooperate closely next month and need to communicate directly.
How likely is it that there will be an accident in the listing?
In the office, Ronan asked Robert Iger: This is related to our series of future plans.
Robert Iger said: Our roadshow was very successful, and Netflix was also unanimously favored by the outside world. Many investment institutions have clearly expressed their investment intentions. Among them are pension funds, life insurance funds, property insurance funds, mutual funds, and trust funds. , hedge funds, commercial bank trust departments, investment banks, university foundations, as well as securities investment departments of some large companies and individual investors, with their support, even if someone wants to secretly suppress Netflix, we are enough to survive.
Ronan nodded slightly, and cooperated with Goldman Sachs. Although it required a high price, it could make the listing much smoother.
Robert Iger continued: These institutions and companies take the securities market as their main business area, operate relatively standardized, and are familiar with the securities market. They often participate in the issuance of new shares, and they have relatively accurate judgments on the investment value of different issuing companies. Due to institutional investment The quality of investors is relatively high, and it is relatively reliable to use the quotations of these institutional investors as the main basis for pricing.”
Ronan said: Our valuation itself is high enough.
Yes. Robert Iger said with a smile: Investors all recognize and are optimistic about Netflix's development prospects and believe that it is a sunrise industry, so they accepted the Netflix valuation during the market research stage very smoothly.
Ronan said suddenly: The valuation of no less than 40 billion US dollars is somewhat beyond my expectations.
Robert Iger rarely disagrees: My opinion is the opposite. This is precisely the true reflection of Netflix's value. I even think Netflix's valuation is a little bit low.
As one of the direct persons in charge of Netflix’s listing from the beginning to the end, he seemed particularly confident: “When Google went public, its business was relatively single, and its market value was still rising. In contrast, Netflix has at least three star businesses, which are integrated together. , $40 billion valuation, not much.”
Ronan said slowly: We are about to officially join the capital game.
Robert Iger said: Only by joining the capital game can we carry out larger capital operations.
Ronan understood the meaning of these words, and said: Shortly after you entered Relativity Entertainment, we started planning. How much we can gain depends on the second half of this year.
Robert Iger said: I understand. He reminded: Disney's shareholder meeting will be held at the end of this year. Michael Eisner and Roy Disney are very likely to put the decisive battle at the shareholder meeting. Get ready.
Ronan smiled: It's better for Disney to stay in chaos.
A chaotic Walt Disney, or the more chaotic the Big Six companies are, the more in the interests of Relativity Entertainment.
After Robert Iger left, Tom Cruise came over.
How did it go? Ronan asked.
Tom Cruise said: It's going well overall, and Netflix and I have the same charity goals.
Ronan reminded: This charitable foundation, do a good job of fund management. Tom, we don't want it to do anything. The only purpose is to invest in charity for the gradually frozen people.
Don't worry. Tom Cruise distinguished the importance: I let the foundation hire PricewaterhouseCoopers as a third-party accounting supervisor.
He turned the topic to Netflix: I have raised $45 million and plan to invest all of it in Netflix stock.
Ronan smiled and said, I will never let you lose money.
Tom Cruise laughed: I hope your Netflix will become a company with a market value of hundreds of billions soon.
I think so too. Ronan spread his hands, But this kind of thing is not what I say.
Too many Internet companies have reached this height.
It is not that Internet companies with a market value of 100 billion have not appeared. Just after the millennium, Yahoo's market value rushed to 128 billion US dollars, becoming the world's first Internet company with a market value of over 100 billion.
Then came the famous Nasdaq stock market crash, and the entire Internet industry suffered heavy losses.
But the companies that survived the stock market crash, including Yahoo and Amazon, are all developing rapidly.
Although many conservative investors still slander the Internet industry, no one can stop the rapid development of this industry.
The Internet may not represent the future, but it is a very important industry in the future.
Luo Nan has always been very aware of this, and also knows that the Internet industry wants to grow bigger, it urgently needs funds, and it also needs a wider promotion platform, so he chose the road of listing.
Out of trust in Ronan, not only Tom Cruise, but Will Smith has also raised $30 million and is preparing to wait for Netflix's listing next month.
These two people quickly achieved asset appreciation in investing in Manchester United, and their confidence in Ronan was stronger than Ronan himself.
Regarding the Manchester United club, Mansour contacted Ronan again later. Halfway through the season gap, he wanted to know what Ronan was thinking.
Selling Manchester United now has indeed benefited a lot, but Ronan believes that Manchester United will continue to appreciate in the future if it remains in his hands.
Ronan asked Tom Cruise and Will Smith for their opinions, and they were all about him.
Although there is no clear answer to Mansur for the time being, Ronan's inclination has been relatively clear.
Ronan specifically called Ferguson, saying that he had heard related rumors that Ferguson was planning to retire, and asked him whether the matter was true or not.
The importance of Ferguson to Manchester United is self-evident.
Its role is far more than just coaching the team. Ferguson even has a considerable deterrent effect on referees and the Football Association.
All of these have been established step by step over more than 20 years, and it is not something that can be achieved immediately by inviting a famous teacher.
There was once a coach who won N consecutive victories in the first season of the Premier League, and then said that the Premier League was nothing more than that. Many protective invisible penalties due to beautiful football not only disappeared immediately, but the referee taught him to be a man every minute.
But in recent years, in the Premier League, there have been quite few penalties that have been very unfavorable to Manchester United.
It can even be described as rare.
This kind of intangible, intangible, but tangible thing is a part of today's commercial football.
As long as Ferguson is there, Manchester United's results will be guaranteed, and results are a very important part of commercial value.
Ferguson is not young anymore. When he had conflicts with the two former Irish horse racing tycoons of Manchester United in the past, he also considered retirement.
But this season, Manchester United shined brilliantly and the club got back on track. Even though Ronan, the new boss, has stricter supervision of the club's operations, he has given him great trust as the head coach and brought a group of future talents. Broad range of new players.
The idea of so-called retirement has long been thrown into the trash by Ferguson.
Ferguson made it clear to Ronan that as long as there is no physical condition, he will not consider retirement-related matters in the next five or six years.
With Ferguson at Manchester United, it is a guarantee of stability and will continue to appreciate.
Ronan's tendency to choose is self-evident.
In addition, there is another point that also affects Ronan's related considerations.
Manchester United's contacts with Barcelona and Leo Messi's father have yielded initial feedback.
After Manchester United tentatively proposed an offer of 50 million euros to package Xavi, Iniesta and Messi, Barcelona flatly rejected Manchester United's bid and solemnly declared that these three players are not for sale!
In terms of football transfers, some clubs have suggested that a certain product is not for sale. They often do not mean that they will not sell it, but have other considerations.
Barcelona's current core is Deco, and the number one star is Ronaldinho. The latter is full of limelight, and it seems that he is far from reaching his peak, and there is no sign of decline at all.
Xavi, Iniesta and Messi are very important to Barcelona, but apart from Xavi - in the private contact between Manchester United and Barcelona, the other two, Barcelona's bite is not so tight.
Manchester United has also had private contact with Messi's father and Iniesta's agent. The two players have certain doubts about Manchester United. After all, the style of the Premier League and La Liga is very different.
But the price offered by Manchester United is very tempting.
Especially Leo Messi's father, Manchester United's favorable conditions, has already moved him.
Money is not everything, but it is the master key to most things.
The specific negotiations are still going on, and Ronan also expressed his concern, making Manchester United take Leo Messi as the number one target.
Just imagine, there is the letter Luo on the left and Messi on the right. How beautiful would this picture be?
Of course, there may be incompatibility between the two, and that doesn't matter. Removing the key points of the Cosmos team in advance will also help Manchester United become a phenomenon-level team in European football in the next few years.
After all, Ronan is a businessman after all, and the first consideration is the value of the club.
Just like Relativity Entertainment never puts the commercial value of the film on the quality of the film, the business of the football league is not solved only by the game on the field.
Pirates of the Caribbean 2 is about to be released during the Independence Day holiday, but before that, Ronan specifically found George Martin to talk.
You'll Also Like
-
Douluo's Beginning Obtained Chaos God Test
Chapter 499 4 hours ago -
After signing in for fifty years, I became the leader of the vampire clan
Chapter 290 5 hours ago -
Lord: Start with a 10,000-fold increase, empty the store
Chapter 425 5 hours ago -
Spirit pet creation simulator
Chapter 1347 5 hours ago -
All Lords: My heroes all have their own special arms
Chapter 556 5 hours ago -
Overlord: Start from the Goblin Lair
Chapter 570 5 hours ago -
Gods: The Swarm
Chapter 620 5 hours ago -
Konoha: From Aburame to God
Chapter 215 5 hours ago -
Simultaneous travel: Each of me has a different cheat code
Chapter 156 5 hours ago -
Traveling through the myriad worlds: Divine skills automatically reach maximum level
Chapter 1766 1 days ago