Chapter 405 Columbia's Plan Begins with Deception

"on-line……"

After saying just one sentence, Xing Baohua pondered how to explain an advanced profit model to this person.

"Do you know about the internet?" Xing Baohua then asked.

After Robert Iger nodded, he continued, "Computers are multi-purpose. Once connected to the internet, the world becomes very small. You can learn about many things online and even find answers to them."

What I mean by "online" is a forward-thinking, innovative profit model. For example, if someone wants to watch a movie from the 1960s to reminisce, where can they find it? Even going to the cinema requires a lot of time and money. With my model, as long as you have a computer, you can watch the digital versions I've purchased for $1 or $2, or even just a membership card. Do you understand what I mean?

“I understand a little better, sir. You’re targeting computer users with your sales plan. I think the mainstream market right now is mainly cassette tape rentals, but computer users… to be honest, they’re a minority, not a large segment of the population in the whole of America.” Robert Iger thought for a moment and answered Xing Baohua’s question cautiously.

“Hehe, yes! It’s a very small group of people, so this is called being ahead of the curve, seizing this untapped market ahead of time. If you look back, how much the number of computers in the US and even the whole of Europe increases every year, especially among home users. You’ll find that their growth rate is frightening, it’s multiples.” After Xing Baohua finished speaking, seeing that the other person was deep in thought, he didn’t say anything more.

While chatting with Robert Iger, Xing Baohua didn't tell him much.

I was just stating my prior expectations.

Only after he officially takes office will he be allowed to build this behemoth according to his own intentions.

After talking for about two hours, Xing Baohua had someone send Robert Iger back to his hotel, and that the signing ceremony for the transfer agreement would be held around 9 a.m. the next day.

As for his original job? It's not too late to resign now; he can just make a phone call.

Although Xing Baohua scared Sony away, it was only because Sony backed down. Although he lost the opportunity to compete for Columbia Pictures, he still had several other film giants to acquire him.

then……

Sony embarked on a difficult acquisition journey, targeting only one of the seven major companies. The remaining companies were Disney, MGM, 21st Century Fox, Warner, Universal, and Paramount.

Paramount and MGM are the most likely candidates for acquisition.

Sony has restarted its acquisition efforts, no longer resorting to the tedious research and investigation of the past. Instead, they're directly sending people to approach you: "Are you selling your film company?"

These film companies all have financial backers. Just like Columbia Pictures is backed by a sugar company.

Behind Paramount is the Great American Oil Group.

It has to be admitted that those who sell black liquid all love movies, and they're all incredibly wealthy.

Actually, the film industry these days isn't doing so well. The big investors behind it are just gritting their teeth and holding on. When they bought most of the shares, they were looking to make money from making films.

There's practically no profit left. There are few large, wealthy companies, and you really can't buy a film company without real financial strength.

The emergence of Sony gave them hope; these Asians are really rich!

Although the news of Colombia's sale did not spread widely, some people in a small circle knew about it.

So let's talk!

Asking for eight billion or nine billion, basically asking for the moon, they're just asking for the moon. They finally found a fat sheep, so they have to make the most of it.

The price is almost double that of Columbia Pictures. Even if Sony has a lot of money, it can't be a sucker!

They quoted a price, so we had to back out temporarily. We couldn't refuse; they were being too greedy.

This illustrates the consequences of blindly asking for prices without understanding the market conditions.

It seems we need to investigate further, otherwise it wouldn't be good to let others become easy prey.

So they set their sights on Paramount, plus they had some connections with their backers. After all, the Japanese import oil and have close ties with oil giants.

I thought I could get a discount because of my connections, but who knew that these people from America would be unreasonable and try to take advantage of me!

The next day, Xing Baohua put on his specially made suit, which had no brand name but was a bit expensive.

It's not easy for ordinary people to buy them, and even if it is, you have to make an appointment in advance or even queue up.

The convoy arrived at the Columbia Pictures building, where media were already waiting.

A deal worth five billion US dollars is considered a mega-acquisition in the United States and deserves attention. Moreover, the largest shareholder and chairman is a controversial public figure.

As soon as Xing Baohua stepped out of the car, she was greeted by flashing lights, which were indeed dazzling. Although there was no red carpet, Xing Baohua walked into the building with her head held high.

Many people were waiting for him, just to sign the contract and celebrate with champagne. Columbia Pictures was still Columbia, but its name had changed to Columbia Pictures.

There are three transfer agreements. Is it possible to buy just one company for over five billion US dollars?

It includes Columbia Pictures as a whole, including its subsidiaries.

This includes Columbia Records, Columbia TriStar Film Productions, and early film studios.

The factory mainly consists of buildings such as film studios, much like a small film and television base in China, where they can build whatever background or scenery is needed.

Columbia TriStar Films, formerly known as TriStar Films Production Center, was originally an independent production company that outsourced its films, TV series, and short films to Columbia for distribution.

This independent film and television company produced films of good quality, so they acquired it all at once and later specialized in producing TV series.

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