China cannot produce real media giants. Private enterprises such as Guangxian, Southern Media, and Focus Media cannot be called "media giants."
Only large groups such as News Corporation, Time Warner, Viacom, Bertelsmann, Disney, etc. can truly be called media giants.
News Corporation's TV stations can transmit news and TV programs to audiences in more than 70 countries and regions around the world 24 hours a day, accounting for 40% of the number of TV stations in North America.
It also owns the world's largest circulation English newspaper, controlling 40% of newspapers in the UK, 60% of newspapers in Australia, and a large number of news websites.
TV stations in Europe, Asia, China, and News Corporation can all cover it.
Other giants are similar, the awesome ones can radiate around the world, and the less powerful ones can cover the entire United States.
Television stations, publishing magazines, radio, newspapers, film and television entertainment
Everything else is easy to do in China, but TV stations can't do it, no matter how powerful they are, they can't do anything about it.
In the Internet age, even the tv client on smart TVs cannot compare with TV stations, let alone replace them.
Not to mention not being able to win over TV stations, even other portals and Weibo are not very free.
Whenever a sensitive issue occurs, the state will take action and order all websites and media to delete anything discordant.
For example, last year, the name of the honest and adorable Winnie the Bear became a sensitive word in many places, and all posts about Winnie and Tigger were deleted.
Even Winnie the Bear was killed by Weibo and WeChat.
Private individuals cannot control public opinion!
However, Tang An is still far from that step. Today, Han and Tang Media only have three or four medium-sized publishing houses, and they have invested in some local portals and lifestyle websites and local newspapers.
After settling one matter after another, Wu Feng finally reported on the situation of some companies in which the group invested.
Hantang Cinema Line's C round of financing has not yet started. The previous B round raised 300 million yuan, which, together with the revenue from its theaters, is enough to support expansion.
Cinemas in theater chains are mainly divided into two parts. Nearly 20% of franchised theater chains must undergo strict qualification review.
Another 80% of directly-operated theaters are also divided into two parts. One part is in the prosperous areas of first- and second-tier cities. Most of these theaters cooperate with major supermarkets or with the two major real estate companies Poly and Huayuan. They are all high-quality assets.
Third-tier cities, as well as this part of the county, had little competition at the beginning, and the areas they were located in were commercial centers with large crowds of people.
Although the average box office per screen across the country is currently declining, the Han and Tang cinemas still maintain steady growth.
There are a total of 190 directly-operated and franchised cinemas across the country, 40 more than Wanda’s 150. However, most of Wanda’s cinemas are luxury cinemas, and each one is considered a flagship store when placed in ordinary cinemas. This is incomparable.
Last year, the total box office of the Han and Tang Cinemas reached 1.2 billion, ranking sixth in the country and in the second echelon. The status of the three major theaters, Wanda, Xingmei, and United Cinemas, cannot be shaken for the time being.
The operation is in good condition, and the valuation has climbed to 4.3 billion. The group holds 82.1% of the shares and has absolute control.
Zhihu Forum’s B-round financing is under negotiation and is expected to be raised at a valuation of US$200 million, which is not much higher than the US$75 million valuation of the A-round.
SoftBank Fortune will participate in the B-round financing, with a share of US$25 million, and the two companies will divide US$20 million.
The group is expected to invest US$10 million, increasing its shareholding from the original 8% to 11.56%.
Toutiao has developed the fastest, with a valuation of US$500 million, and its Series B financing was completed in September last year.
This round of C financing is also generous, with a direct financing of US$100 million.
Hantang Media did not participate too much in the B round of financing. In this C round, Sequoia and Weibo participated, and they can get a share of 20 million US dollars. After the financing is completed, the share will reach 19.17%.
Nuomi.com’s $80 million investment did not take long. The main reason was that Nuomi.com acquired a third-party payment license and was a payment company with mature and complete business. It spent 150 million.
This price is not high, and later the highest one-time payment license transaction was as high as 3 billion.
Financing must be done before the summer vacation, and the summer vacation is a money-burning battle.
After Nuomi.com burns the money, its valuation should be almost US$1.3 billion when it raises funds before the summer. Meituan is seeking financing at a valuation of US$4 billion. This valuation includes Maoyan Movies. Now
Meituan has not yet divested it.
After raising US$200 million, we still have 73.87% of the shares after dilution.
Ele.me’s valuation has also surged to US$400 million, and it is expected to raise US$80 million before the summer. Dianping, Sequoia Capital will join, and Hantang Media can keep 13.8% of the shares. After all, Nuomi.com is the
Main.
Didi's C-round financing has also started negotiations, and will raise US$100 million at a valuation of US$800 million. With the participation of CITIC Fund and Tengxun, Hantang Media can get a share of US$10 million at most, but relying on
The shares acquired in the previous angel round can still maintain 32.52% of the shares.
However, the taxi-hailing software has not yet started to gain momentum. At the end of this year, it will once again raise nearly one billion U.S. dollars in financing and conduct a share swap merger with Kuaidi. By then, no half of the shares will be left.
In addition, Weibo still has 8% of the shares. Weibo has submitted an IPO application to Nasdaq. Various financial experts and professors have revalued Weibo. Those who are not optimistic about it are worth four to five billion US dollars, and those who are more optimistic about it are
Seventy-eight billion dollars.
The market value of Tudou Group has reached US$2.7 billion, but it is still losing money. The group holds 34.7% of the shares.
The valuation of Han and Tang Literature reached RMB 21 billion, with the Group owning 62.06%.
Xiaomi has a 1.4232% stake and a valuation of nearly 10 billion US dollars.
In addition to these companies, the Investment and Development Department has also come up with a large list. After various research and market inspections, it has listed more than 30 companies with relatively good prospects.
DJI Technology for aircraft manufacturing, Kingsoft Cloud and Qingyun for cloud computing, YouBi for artificial intelligence, Mobvoi, Zhubajie.com and Liepin.com for enterprise services
Here, Tang An saw many familiar figures.
Chen Shaojie hatched Douyu TV on the basis of Station A, and is seeking angel round investment, as well as Station B, which has just promoted "The Return of the Great Sage".
There are more than thirty companies, covering almost all industries, many of which Tang An has never heard of.
Tang An mentally calculated the industries he had invested in so far, plus Tiantian Dongting, Sogou, N, Tiangong Yicai, the three American companies, etc., it was at least 40 billion.
This does not include film and television. Hantang Pictures, which has been merged into Nuomi Films, is valued at 15 billion. The group owns 92.13% of the shares and is about to conduct the next round of financing.
Tudou Pictures has merged into the Variety Show Division, which should have a valuation of 3 billion, and the group also owns more than 90% of the shares.
It also owns more than ten film and television companies, including the acquired Forbidden City Pictures, Beijing Culture, and Wuzhou Distribution, etc., totaling 6 billion.
That's nearly 23 billion.
Not counting the group itself, it already has assets of 63 billion.
Currently, Huayi ranks first in film and television stocks, with a market capitalization of 40 billion. This figure is definitely exaggerated, and it can expand to 80 billion within two years.
Based on the market value of Hantang Group of 40 billion, Tang An's personal assets will exceed 100 billion.
It’s not that I didn’t know, but I was shocked. Even Tang An himself didn’t expect that his net worth had reached 100 billion!
However, since the meeting was in progress, Tang An had no time to express his emotions. Wu Feng was still waiting for Tang An's reply.
Tang An looked at the long list of company names and the detailed analysis below without thinking much about it.
"DJI Technology, Kingsoft Cloud, Qingyun, and Douyu are the companies to focus on. For other companies, all investments less than 5 million will be invested. If the amount exceeds the amount, further investigation and analysis will be conducted. If it is determined that the prospects are promising, you can participate.
"
Although Han and Tang Media are not as good as BAT and do not have such large traffic, film and television dramas are also a good way to spread fame. In addition, they have money, so there are countless people seeking investment.
Investment is about casting a wide net to catch as many fish as possible. Although Tang An didn't understand half of the companies, Tang An also believed in Wu Feng's vision for a few of them that were close to the unicorn level.
The worst case scenario is a loss of 200 million to 300 million yuan. Compared with the super high returns, this risk is nothing.
"Okay, Mr. Tang."
Wu Feng nodded in agreement. He took nearly a hundred people in his department and his subordinates to collect data and investigated hundreds of people in the company. It took half a year to find these companies.
However, the financial director Wang Wei spoke up, "Director Tang, currently there is less than 100 million in cash left in the company's books. The total investment needs is about 500 to 600 million. The merger between Beston and Oriental Pearl may be completed at any time, and the other party will carry out a 10-billion-scale investment."
For financing, we need to prepare at least about 3 billion in cash."
"There are also acquisitions of local life portals and print media. This year I will give you a quota of 2 billion."
Tang An added, turned to the secretary who was sitting at the side and told him, "Zhou Li, make an appointment with President Zhang for me, just for these two days."
Investment in this area is necessary. Even if you cannot control public opinion, you must have the ability to guide and disperse public opinion!
Money must be spent in large sums, and money begets money.
Anyway, the interest from the bank is nothing compared to the income. A loan of 5 to 6 billion per year would only cost a lot of interest.
After the merger of Beston and Oriental Pearl, it will have a market value of 156 billion at the first glance, which is doubled compared to the combined market value of the two companies of about 70 billion.
Although there is a 12-month lifting period, there is no need to worry about the new Oriental Pearl's market value for more than two years, as long as it can get out of the way before the collapse.
And even if the stock price does not rise, just by cooperating with Beston as a shareholder, the authorization and dividend fees can be negotiated at a lower price. Compared with other content parties, the money saved is very objective.
Besides, the national campaign against pirated TV is about to begin. The most important thing is to obtain the license authorization as soon as possible. While all the TV versions of other video websites are offline, the most important thing is to occupy the market as soon as possible.
A loan of 5 to 6 billion is nothing. Later, Guangxian borrowed so much through financing.
A conference runs from morning to afternoon, and there are too many things to deal with.
In the afternoon, we also held a video conference with major subsidiaries such as Hantang Pictures, Nuomi.com, Hantang Literature, and Tudou Group.
As for Zhou Shiwei, Liu Yu, Chang Jihong, Zhou Jia and the other four major film and television companies, Tang An doesn't have time to take care of them. Even if they are worth several billion together to the group, they are not that important.
Tang An of several major subsidiaries did not interfere in the operations, but only listened to their reports and made some general suggestions.
ps: Oh my god, the protagonist has a net worth of hundreds of billions so quickly. I still don’t realize it as I write it down. But once I add it up, I realize that the progress is too fast and it will be difficult to edit later.
Please forgive me for criticizing the unreasonable parts of the business part. The author himself is a business novice.