Millennium director
Chapter 583 Merger and Acquisition Negotiations
The valuation of US$1 billion is Wu Yuan’s lowest valuation of the company Light Times.
It's not that he's a big talker, but the Light Era is really worth the money.
Regardless of the future development of this company, the copyrights currently held by Light Times, as well as the rights to adapt some novels that have not yet been adapted into movies, are worth the price.
Although, when Disney acquired Marvel, it only spent US$4.2 billion to acquire the ownership of more than 5,000 Marvel comic characters.
In such a comparison, it seems that Light Times’ asking price of one billion US dollars is too expensive.
But in fact, it is unrealistic to "buy" Marvel for $4.24 billion.
The reason why Marvel was sold to Disney for US$4.2 billion was simply because Disney was taking advantage of others.
At that time, Marvel was on the verge of bankruptcy. If it did not agree to the acquisition, it would file for bankruptcy. Once it filed for bankruptcy, the company would also be sold at a low price.
In fact, Marvel's value is ten times that of US$4.2 billion. This can be seen from the fact that Marvel's stock price has doubled after being acquired.
What should really be compared with the Light Times should be Disney’s acquisition of Fox.
When Disney gradually saw the huge potential (attraction) (gold) effect of Marvel, it began to consciously add trump cards to the Marvel universe.
How to increase trump card?
Of course, it is to take back some of the superhero copyrights that Marvel has sold, the first of which are the X-Men series and the Fantastic Four series.
So Disney spent another 71.3 billion US dollars later!
What did the US$71.3 billion do?
In addition to Disney acquiring "20th Century Fox Movies" for itself, it also directly recovered the copyrights for Marvel's characters including "Fantastic Four" and "X-Men" that had been sold to Fox movies.
A Hollywood Big Six, plus the movie copyrights it holds, the package price has reached more than 70 billion U.S. dollars, and this is the real normal market price.
Light Times holds the copyrights for "The Hangover", "The Twilight Saga", "Night at the Museum" and "Kingsman". Although it cannot be compared with behemoths like Fox, the price of US$1 billion is definitely not expensive.
In fact, Wu Yuan’s sale of Light Times is most likely to be bought by Disney.
I have to say that Disney is really rich. After all, it is the only one among the six major Hollywood cities that has a physical industry. Disney parks all over the world can generate revenue of 20 to 30 billion U.S. dollars in a quarter, and more than 1,000 U.S. dollars in revenue a year. One hundred million U.S. dollars.
Even if the net profit is only 10%, that is a net profit of more than 10 billion US dollars a year.
Disney, with its deep pockets, has no shortage of money to acquire movie companies, and can also offer high prices that other companies cannot.
"After going round and round, I didn't expect that it would be Disneyland in the end." Wu Yuan said with some humor.
Over the years he has been in Hollywood, the one he has most enjoyed working with is Disney. With Disney's "Pirates of the Caribbean" series, he and Disney have made each other successful.
Unexpectedly, when he finally left Hollywood, the company he was working on would most likely be taken over by Disney.
Maybe this is fate.
With random thoughts in his mind, Wu Yuan gradually fell asleep.
The next day, as soon as he got up, he asked Xiao Zhang to book a ticket for him to fly to Los Angeles.
His assistant in the United States, Daisy, got married two years ago and later resigned from Light Times because she was pregnant.
Since Daisy resigned, Wu Yuan did not ask John to arrange a new assistant. Instead, he asked his domestic assistant Xiao Zhang to handle matters in North America.
Well, for this reason, he doubled Xiao Zhang’s salary.
However, Xiao Zhang will soon no longer have to be busy with the work of connecting with Guang Times.
After nearly 12 hours of flying with Xiao Zhang, Wu Yuan arrived at Los Angeles International Airport in the early morning of March 2nd, Los Angeles time, and John came to pick him up in person.
"Daniel, you are finally here."
"John, it seems like every time I go back to Los Angeles, the first thing you say when we meet is always this."
"Sorry, but I won't have this opportunity again in the future."
Both men fell silent.
In a blink of an eye, the two of them have been cooperating for nearly ten years. John has grown from a silver medal producer in his thirties to forties to the president of an independent film production company in Hollywood. His head, which was already bald, has also grown. Completely bald.
Wu Yuan has also grown from a fledgling director back then to a world-renowned international director.
"John, if I remember correctly, you are 48 years old this year, right?" Wu Yuan patted John on the shoulder with emotion: "I think you should also enjoy a wonderful retirement life."
"After the negotiation of this merger and acquisition is completed, I will give you 5% of the interest on the sale of shares. Use this money to enjoy life."
"I don't want to hear any more complaints from Emily."
Emily is John's wife. Every time Wu Yuan comes to the United States, he will visit John's home. Every time he visits, Emily complains to Wu Yuan that her husband is too busy at work and should have a leisurely vacation. Relax and relax.
However, because Wu Yuan was away from the United States for a long time, John was required to take charge of all matters of the company, so his vacation was never able to take place.
However, this time John should be able to take a long vacation and travel around the world with his family and children.
The value of 5% of the shares of Light Times is not a small amount of money.
Based on Wu Yuan's bottom line of US$1 billion, 5% of the shares are worth US$50 million. This amount of money is completely enough for John to achieve financial freedom in any country in the world.
He also deserves this reward.
Over the years since the establishment of Light Times, John has managed the company for Wu Yuan in every detail, produced movies conscientiously, and earned Wu Yuan hundreds of billions of dollars.
Movies such as "The Hangover", "The Twilight Saga" and "Night at the Museum", as well as the later "Kung Fu Dream" with Cheng Long, and the middle movies such as "Fake Marriage", are all produced by John himself. Photographed.
These films have also earned Light Times a net profit of more than one billion US dollars, plus the valuation created for the company. Now that John has retired after success, Wu Yuan should give him a due remuneration.
"Wow, Daniel, you are the most generous boss I have ever seen." John's old face smiled like a chrysanthemum. He also knew very well how much the valuation of Light Times could be. 5% of the shares was really not a small sum of money. .
"John, how much money is left in the company account?"
"Please transfer all this money to my Huaxia company account as soon as possible."
"This" John asked with a somewhat hesitant expression: "Daniel, is this not appropriate?"
"If Disney knew that the company was just an empty shell, they would probably be unwilling to pay a high price to buy out Time."
"We should at least leave the company with a healthy financial position."
"No." Wu Yuan shook his head, with a smile on his lips: "Do as I say."
"They will accept it. At least Light Times does not have any debts, and I will not really drain all the working capital. The company still has two or three movies that have not yet received their subsequent box office accounts."
"John, what Disney wants is to send me gifts out of the country. As for this company, they actually don't care much. A few hundred million dollars more or a few hundred million dollars less, it doesn't matter." (End of Chapter)
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