Chapter 146 Acquisition of a new company
Cheng Ming was a little confused. It was clear that Chenyin had not yet completely stabilized in China. Why was Lu Chen planning to open a branch abroad again? What was he thinking?
"Lu Chen, are you kidding me?" Cheng Ming questioned.
Hearing Cheng Ming's words, Lu Chen thought he was a little reluctant. In fact, he was indeed reluctant, but he didn't mean it in his words. He was just asking.
Lu Chen thought for a while and said: "Don't worry, your treatment abroad will definitely be better than that in Chenyin. Your annual salary will not be a problem. Not only that, I can also give you 5% of Star Culture's shares."
If you want others to do things for you, you must provide benefits, but if you want chickens to lay eggs without giving them food, that's not okay.
Cheng Ming said: "That's not what I meant. I just thought that Chenyin has not yet stabilized in China, so why is it going to develop abroad? Moreover, the preferences of domestic and foreign audiences are different, and it is more difficult for us to develop.
"
Lu Chen stood up and said, "Don't worry about this. I know many well-known screenwriters abroad. When the time comes, they will provide us with script resources. We only need to film."
Hearing this, Cheng Ming became even more confused. Who is Lu Chen? He actually knows many well-known foreign screenwriters?
Lu Chen continued: "You can come back if you want in the future, and the air tickets will be reimbursed by the company."
Cheng Ming came back to his senses, and then continued: "I don't care about this, I'm just curious why you suddenly thought of starting a company abroad?"
Lu Chen smiled and then said: "The situation abroad is different from that in China. Our film and television companies basically control the theaters. It is very easy for them to suppress us. Although we can bypass the blockade through online cinemas, you can also
I see, when those big film and television companies use their size to lower the ticket prices of online movies, we will also suffer. But this kind of thing will not exist abroad. We only need to pay some money to foreign film associations, and everything will be fine.
It's easy to talk, and then I can use the money earned abroad to help domestic companies develop."
Cheng Ming thought about it and felt that what Lu Chen said made sense, but it also felt a little naive.
In fact, the foreign market is basically saturated. Otherwise, Weilan Culture would not think of opening up the domestic market and opening a branch in the country. And how could Lu Chen be 100% sure that he would make money? What if he lost money?
Wouldn't it actually drag down the morning sounds?
Cheng Ming continued to ask: "Have you really thought about it?"
Lu Chen smiled and said, "I've thought about it."
"Then do you plan to open a new company or acquire one?"
Lu Chen thought for a while and replied: "I already have a target for acquisition, and I plan to go abroad to talk to them in a few days."
"If you are willing to go abroad to help me manage that company, I will take you with me then."
After all, Cheng Ming has been in China since he was a child. He will definitely not be accustomed to a new environment, so Lu Chen does not force him.
Cheng Ming asked at this time: "If it is an acquisition, how about retaining the company's management? After all, if you ask me, a foreigner, to manage them, their original employees will definitely not feel very comfortable, and we don't understand foreign companies."
If the market is managed by themselves, it might be more conducive to the company's development."
After hearing this, Lu Chen thought for a moment.
The film and television company he was interested in was a small film and television company. This company had made a lot of junk movies in the past, including many copycat films.
The name of this company translates to Sunshine Film and Television, and it is quite famous abroad. It is notorious. The boss of their company originally made his fortune by pirated movies. Later, they copied some movies with higher box office and made knockoffs.
Although the film is a copycat film, others still live to this day.
However, in recent years, foreign countries have increasingly cracked down on counterfeit films. Many countries have enacted legislation to protect genuine films. Recently, several major foreign film and television companies have joined forces to sue Sunshine Film and Television, imposing a fine of one billion yuan.
Seeing that there was no profit to be made and that he had offended so many people, the boss of this company wanted to withdraw, and that's when he came up with the idea of selling the company.
Apart from the boss's character, this company still has some experience in making movies and TV series. After all, their company has been around for many years.
After weighing the pros and cons, Lu Chen said at this time: "We can let them manage it, but we still need supervisors. How about you go abroad every once in a while in the future? Is that company still in charge of you?"
After all, it is a subsidiary company, and it is so far away, so we are afraid that they will mess up, so we really need a supervisor.
When he heard that he was not staying abroad for a long time, Cheng Ming immediately said: "Okay."
"But is the company you plan to buy suitable for Chenyin?" Cheng Ming asked.
Lu Chen smiled and said, "What I want to buy is Sunshine Film and Television. Do you think I can eat it?"
Hearing the words "Sunshine Film and Television", Cheng Ming was immediately dumbfounded. How could Lu Chen go and buy a company that makes knockoff films?
Sunshine Film and Television has offended many film and television companies abroad. Although it is not as bad as Chenyin, they are also targeted by other major film and television companies everywhere.
"Lu Chen, do you want to think about it again?" Cheng Ming persuaded.
The reputation of Sunshine Film and Television is not very good. If you buy them, it may have an impact on their film and television dramas.
Lu Chen replied: "No, I have been thinking about it for more than half a month."
Country W is the base of the capital world. In the capital world, a bad reputation is better than no reputation.
As long as you have money, everything is easy. The bad reputation of Sunshine Film and Television may not necessarily have a big impact on Sunshine Film and Television. It is not unreasonable that others have made copycat films for so many years and they have not collapsed.
Seeing that Lu Chen had already said this, Cheng Ming stopped trying to persuade him and said, "Okay then, I'll go with you during the acquisition."
…
In the next few days, Lu Chen and Cheng Ming were preparing to acquire Sunshine Film and Television. Before intending to acquire the other party, they first had to say hello to the other party, contact the other party, and conduct a preliminary negotiation on the price, and then
Discuss in detail.
Lu Chen was a little worried that the big boss of Sunshine Film and Television would be so aggressive that Chenyin would not be able to take over the company. However, after hearing their preliminary quotation, Lu Chen breathed a sigh of relief.
The other party only wanted 2 billion. After all, it was a company that made knockoff films, so the big boss also knew that the price would be too high and he would not be able to sell it.
Two billion is not very large for the size of this company, but it is still a bit expensive for Chenyin. After all, Chenyin is a company carrying debt.
In order to avoid being cheated, on-site inspections were definitely needed, so Lu Chen and Cheng Ming flew to country w with several people from the company, to talk to the big boss of Sunshine Film and Television in person, and to visit the company by the way.
After coming to Sunshine Film and Television, Lu Chen found that the company was indeed worth two billion. The company had a lot of assets, and they also had some subsidiaries. Among them were some artists who were famous for making copycat films.
Movies can cultivate artists, which shows that this company does have its own uniqueness.
After the first round of negotiations, Chenyin and Sunshine Film and Television signed a letter of intent to acquire, but the acquisition price remained unchanged at 2 billion.
Chapter completed!