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Chapter 2121 The spirit of Northeast fellows
Boss Wang was stunned by Zhou Buqi's remarks. He thought he was getting some more rational suggestions at most, but he never expected to get such a definite, affirmative and very positive response.
This is really irrational at all.
You know, Wanda’s acquisition of AMC Cinemas actually has nothing to do with Zhou Buqi, and he does not hold any shares in Wanda. However, since he strongly suggested that Wanda acquire AMC Cinemas, he would have to bear some responsibility if the deal failed in the future.
It's obviously something that has nothing to do with him, so why should he share the responsibility?
Boss Wang was shocked.
Of course, even if he suffered losses after acquiring the AMC theater chain, Boss Wang would not complain pettyly about Zhou Buqi. Anyone with any sense of conscience would know that he was helping with good intentions.
It's just that this way of helping is really unreasonable at all.
Zhou Buqi also saw his confusion and waved his hand, "If it's CNOOC's matter, I will definitely not care about it because I'm afraid of being blamed; if Wanda wants to acquire Paramount, I will definitely not care about it because I don't want anyone to do it." Losing money. However, if Geely acquires Volvo or Wanda acquires AMC theaters, which are obviously profitable transactions that involve bargain hunting, of course they must be able to help."
This goes to the core.
Wanda is now highly motivated and high-profile. It is vigorously implementing its overseas strategy and wants to build a world-class Wanda Group. The first direction is to use capital to build a world-class entertainment giant like Ziweixing Global.
The media has reported it.
In addition to acquiring the AMC theater chain, Wanda also has a greater ambition, which is to acquire Paramount, one of the six major Hollywood studios.
Paramount is currently in a real trough.
It has been at a low point for several years.
Except for the "Transformers" series, there are no movies that are good enough.
Boss Wang was very surprised, "Isn't Paramount good? I looked at Paramount's financial report last year. It seems to be okay? There is growth. When the box office market is sluggish, Paramount's revenue and profits have increased. ."
Zhou Buqi shook his head and said with a smile: "Old Wang, you can't just look at the financial report. Especially for such a big case, how can the financial report be convincing? I haven't asked about Paramount's situation, but I can put it here now. , Paramount is unreliable!”
Ning Lu and Yang Mi sat behind them, pouring tea from time to time.
Upon hearing this, Ning Lu raised her hand to indicate that she wanted to speak.
After receiving permission, Ning Lu chuckled and said, "Paramount's financial report last year was better because "Transformers 3" was released last year, and the market returns were very optimistic."
"That's not surprising." Zhou Buqi nodded, "Paramount is currently supported by the "Transformers" series, but how long can this series sustain? You can't release a "Transformers" every year, right? ? You can’t make every movie a hit, right? There have been 3 movies in the “Transformers” series now, and the plots and modes are almost exactly the same. With the 3D visual effects, maybe a few more movies will become popular, but I’m afraid it won’t work after a long time. .This is not "007" after all."
Boss Wang pondered for a long time and said slowly: "So you are not optimistic about acquiring Paramount, but you are optimistic about acquiring AMC theaters?"
Zhou Buqi said: "Yes. In fact, there is a more direct reason. Paramount is a competitor of Ziweixing Global, so Paramount's future will only get worse. Buying Paramount now is not bargain hunting. , it will actually be copied halfway up the mountain."
This absolute self-confidence made Boss Wang feel a little uncomfortable.
I thought I was confident enough when doing business, but now I met someone who was even more confident. Looking at his momentum, he seemed to be giving guidance to Jiangshan and scolding Fang Qiu.
In Zhou Buqi's view, Wanda's acquisition of Paramount would be worse, but it would be better than acquiring Legendary Pictures in the future. It’s a small loss and a big loss.
If you can persuade me to stop, then I don’t care.
Everyone has his own destiny.
Zhou Buqi is optimistic about the acquisition of AMC Cinemas, not only because of his foresight, but also based on his analysis of the current economic situation in the United States, the trend of the film industry, and the development of 3D movies.
In fact, he doesn’t know much about AMC theaters at all.
But in a big business of this level, discrepancies in details and financial report analysis are just tricks. The most important thing is to have a clear eye on the economic direction, make judgments about the general trend, and then embrace the big situation.
The current general situation in the United States, Zhou Buqi's judgment is that the economy, the capital market, and the film market are recovering. Seizing this big situation and winning the AMC theater chain will be a real bargain hunting opportunity!
In fact, this is indeed the case.
In a previous life, AMC Cinemas lost $123 million in 2011.
By 2012, annual revenue exceeded US$2.7 billion and net profit reached US$52 million.
By 2013, in the first half of the year alone, revenue reached US$2.7 billion and net profit exceeded US$80 million.
In half a year, it exceeded the full-year performance of 2012!
This shows how strong the film market is recovering.
Then, at the end of 2013, Wanda successfully promoted the listing of AMC Cinemas, which had failed several IPOs, becoming the most successful merger and acquisition in Wanda's overseas strategy.
The only regret is that Wanda was not decisive enough and was a little hesitant when making decisions. They waited until the Hollywood 3D blockbuster was released in May and saw the market popularity before urgently finalizing the acquisition plan for AMC Cinemas. .
If you sign a contract at this time, the cost of acquisition will increase.
If we strike decisively, cut through the mess quickly, and buy AMC theaters without hesitation one or two months in advance when the market is still confused, we can save more money and the deal will be more successful.
Zhou Buqi didn't know these details, but he was sure that acquiring AMC Cinemas would be a good deal. He turned around and told Yang Mi, "What did you say last time? Hurry up and tell me what you know about 3D movies." Please explain to Mr. Wang if you understand."
This is actually about forming a passionate relationship.
Wanda successfully acquired AMC Cinemas and made a lot of money. Yang Mi will also have a certain influence on Wanda Film and Television in the future. It will be easier for the studio's artists to get some suitable film contracts.
Yang Mi was a little nervous and her face turned red, so she told Boss Wang the superficial suggestions from Secretary Ning Lu and herself.
After Boss Wang heard this, he looked at Zhou Buqi suspiciously.
Obviously, he didn't believe in the business judgment of such a small star.
Zhou Buqi said loudly: "What she means is what I mean. The shrinking and expansion of the current movie market are closely related to the quality of 3D movies."
Boss Wang took a deep breath, "So we must finalize the deal with AMC Cinemas before May, before this year's 3D blockbusters are released."
Zhou Buqi said: "That's right!"
At this time, Ning Lu raised her hand again.
Zhou Buqi turned around and said with a smile, "What's wrong?"
Ning Lu said softly: "It's best to finalize it before April. Cameron has restored "Titanic" and converted it from 2D to 3D. It will be re-released in April."
Zhou Buqi pondered: "The symbolic meaning of this thing is very strong, and only James Cameron can do it. Nowadays, the film industry hates the conversion of movies. It seems that as long as the movie is converted from 2D to 3D, it must be Inferior product. Cameron's intervention, using ace movies like "Titanic" as a template, can dispel this wrong argument. Let the market understand that even if it is a converted movie, it can still be a 3D masterpiece."
Ning Lu nodded lightly, "However, they seem to be doing it as a gimmick to commemorate the 100th anniversary of the sinking of the Titanic oil tanker. It's simply bastard logic. What is there to commemorate a tragedy? If we were to commemorate the victims 100 years ago, That’s pretty much it.”
Zhou Buqi smiled and said: "How gloomy is it to describe it as a memorial? How can we attract movie fans? Movies have beautified disasters and twisted the logic to make more money. But Lao Wang, what my secretary said is very It makes sense and needs to be taken seriously.”
Boss Wang thought deeply, "Yeah."
Peripheral channels: "If Wanda wants to maximize its profits, it must act quickly. All parties have not yet reacted, and everything is full of uncertainty. Only by winning AMC Cinemas at this time can you pay the minimum cost." "
"Um."
Boss Wang nodded.
That's the truth.
Wanda is now unsure about the future of AMC Cinemas and is full of worries. This is related to the situation of the film market, so it is still in the demonstration and investigation stage.
However, when the movie situation became clear, Wanda understood it, and so did everyone else.
If you buy it at that time, the price will go up.
Zhou Buqi said: "If it is finalized before April, this is the best result. If it is delayed until June...Old Wang, to be blunt, with Wanda's brand and international reputation, even if you want to buy AMC Hospital by then, Line, people may not be willing to sell it yet, and there may be other suitors involved.”
Boss Wang is still a little worried, "This is not a small deal. AMC Cinemas has US$1.9 billion in debt alone. This is unlimited joint and several liability."
Zhou Buqi waved his hand, "No problem!"
Boss Wang was a little funny, "Why are you so sure?"
Zhou Buqi said matter-of-factly: "Business judgment, how can you procrastinate and hesitate? If you follow your intuition, it's basically enough to have a similar industry argument."
"Um."
"How about I give you a guarantee? If you lose money in the future, the loss will be mine."
"What?" Boss Wang was startled. He saw the spirit of this fellow from the Northeast and waved his hands repeatedly, "No! No need! How can I help you like this? This is enough trouble for you. What you said, I will not do anything about it in the future. I don’t dare ask you for help anymore.”
Zhou Buqi said with a smile: "I'm just trying to express my attitude to you. This deal is no problem! Take action when it's time to take action, don't hesitate!"
Boss Wang took a deep breath. He had already said it this far. He seemed too lackluster if he delayed any longer. He said in a deep voice, "Then I'd like you to help me. I'll find a few people to help bridge the gap."
Zhou Buqi said proudly: "It should be!"
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