New Line Cinema is a small giant outside the eight major film companies. Its most valuable thing is that it has a complete set of personnel and equipment needed in the film shooting process, including directors, lighting, camera, props, post-production personnel, etc.
In addition, it also has its own film and video distribution and rental market, and has the ability to independently produce and distribute films, which is of little importance to Time Warner.
In the face of Time Warner's powerful distribution capabilities, New Line Cinema is purely an add-on. Not only are their business scopes highly overlapping, but their channel construction is much weaker. They are not on the same level at all.
But for Marvel animation, it can completely fill the gap in live-action film production and distribution, and channel construction capabilities, achieving the effect of one plus one being greater than two.
Of course, in addition to the eight giants, there are countless small and medium-sized film companies that Hollywood can choose from.
If the New Line Film Company fails, Wang Yaocheng can focus on these small and medium-sized film companies.
They include:
Amblin Entertainment, Morgan Creek Films, Regent Entertainment, Village Roadshow Pictures, Legendary Films, Virtual Studios, Silver Image Pictures, Dark Castle Entertainment, etc. There is quite a lot to choose from.
Now, the acquisition of New Line Films must be put on the agenda. With this heavy bargaining chip, we can be in a favorable position to negotiate with Disney for the release of the animated feature film "Toy Story."
Does Wang Yaocheng have the strength to acquire new limited companies?
The answer is:
No problem at all.
According to Netscape's current market value of more than 8 billion U.S. dollars, founder and chairman Wang Yaocheng still holds 34% of the equity after several rounds of listing dilution and targeted placements, worth as much as 2.7 billion U.S. dollars.
Not to mention that he holds hundreds of millions in cash, his financial situation is very healthy, and banks with large bank balances are willing to serve him and lend him huge sums of money.
The original mortgage of 10% of Citibank's stocks and the loan of US$80 million have long been paid off and the stocks have been redeemed.
Citibank has been frequently showing good intentions, including Mr. Merck of Goldman Sachs, who diligently introduces corporate targets for mergers and acquisitions, all targeting Wang Yaocheng's thick wallet.
In this case, even Microsoft, which is coveting it, would probably be willing to see Wang Yaocheng spend a lot of money and use precious funds in places other than Internet companies.
Maybe, he will also secretly lend a helping hand and become an unsung hero.
This will lay a good foundation for one day challenging Wang Yaocheng on the Netscape board of directors.
This is like a master's fight, suddenly showing off a flaw in the fight, creating an opportunity for the enemy to choke with a sword.
"Boss, Mr. Steve Schwarzman from Blackstone Investment is here, along with two other gentlemen."
"Invite them in."
"yes."
Wang Yaocheng stood up and extended his hand to Mr. Steve Schwarzman who walked in, expressing a warm welcome:
"Looking very good, man, welcome to your arrival."
"Hi, Boss King, we meet again and I would like to introduce you to two friends:
This is Mr. Huang Jianlan, a native of Bay Island, the main fundraiser of the American Asian-Pacific American Support Elephant Party Fundraising Committee, and a very capable social activist.
This is state assemblyman Mr. Matsui, the head of the Asian Work Organization, and one of the Elephant Party’s support groups.”
"Hehehe, welcome."
Wang Yaocheng had a smile on his face and said words that he said insincerely, but in his heart he had already begun to "get tired" and asked Steve Schwarzman's mother.
This guy took it upon himself to bring these people with sensitive identities to guard against him, catching himself off guard.
Therefore, Wang Yaocheng made up his mind, except for talking about the scenery, climate and food, all other sensitive topics would be ignored.
After a while
Sensing Wang Yaocheng's ambiguous attitude, the two Xiang Party fundraisers politely left, but Steve Schwarzman stayed.
Wang Yaocheng asked dissatisfiedly; "Steve, this is not in accordance with our previous agreement. I am confused about this and need an explanation."
"Boss King, staying outside of politics is not a very smart corporate strategy. You need to stand in line and gain the support of the party."
"You misunderstood me. Red Hat will never participate in sensitive politics, nor will we take sides, whether it is Asians or ethnic minorities, whether it is the elephant party or the donkey party, we are just ordinary people
Our companies will not get involved in this muddy water."
Steve Schwarzman was confused; "What about your $1 million check?"
"You can choose the object to support according to your own point of view, and I will not care about its use. Even if it is used for personal expenses, I will not care."
"Oh my God! You are too cautious, Boss King. The check has been used to support the Elephant Party leader's election. I have conveyed my support to you. Now..."
Steve Schwarzman spread his hands helplessly:
"The leader of the Elephant Party has entered the White House. A supporter meeting will be held on the South Lawn. Pop music queen Whitney Houston will perform a song live. Red Hat also has an invitation letter. Your attitude puts me in a dilemma. This is
A very bad thing.”
"Red Hat can allow Mr. Huo Jiaguang, the deputy general manager, to participate. He is a Chinese-American and can express his support."
"Hell! That doesn't represent you." Steve Schwarzman was very unhappy.
This old fox, I believe you are the only one who has ghosts!
There was no need for Wang Yaocheng to lift the veil of hypocrisy: "Steve, I can only express my support in a vague way. There is no need to make it known to everyone. I am just a businessman. I just do my own thing well. I am not interested in these superficial glories.
"
"Okay, I'll take care of this."
"Bingo, you see...this is the problem. We have solved it very well. Let's talk about some topics that are of interest to both parties, such as the acquisition of New Line Cinema. Blackstone can participate as an M&A consultant."
"Oh! That's great!"
Steve Schwarzman was in high spirits and had long forgotten all his unhappiness.
In the face of green U.S. dollars, any profound differences and irreconcilable conflicts are just jokes and not worth mentioning at all.
It is impossible for Wang Yaocheng to make these treacherous and cunning guys serve him loyally and serve him wholeheartedly. The only reliable way is to use interests as a fetter.
As a corporate mergers and acquisitions consultant, Blackstone Fund Steve Schwarzman will obviously stand on Wang Yaocheng's side, consider him carefully, and try his best to facilitate this merger and acquisition case.
As for why Wang Yaocheng wanted to acquire film companies?
Heck, this has nothing to do with Blackstone.
"I will talk to Robert Shea. I have known him for more than ten years. He is a smart producer and a very talented guy.
As a listed company, New Line Cinema's performance is not good enough. Several of the films it invested in last year performed poorly, which brought huge difficulties to corporate operations.
They are extremely short of funds, and their public statements show that their debts have reached hundreds of millions of dollars. They have been losing money for two consecutive years, and they are preparing to sell themselves to Turner.
As long as our bid is reasonable, he has no reason not to consider us."
"Then please ask Blackstone Fund to contact them first on my behalf. I am still very interested in making movies. I think it is a great idea to acquire a movie company."
"I have to say that you are a genius, Boss King. While others are playing with private jets and yachts, you have already started playing with movie companies. The key is that you can still make money. It is indeed a brilliant idea."
"Haha! I think so too."
Faced with Steve's useless flattery, Wang Yaocheng accepted it calmly, looking young and frivolous, with a sense of accomplishment.
After seeing off Steve Schwarzman, Wang Yaocheng felt in a great mood and was ready to take a nap to recharge his batteries. There were important activities in the evening, so he needed to maintain the strongest energy.
His layout of a hammer in one place and a stick in the other really confused observers and investment bank managers in the financial field.
No matter how hard I try, I can't connect them.
Yes, the main business is Red Hat, and its subsidiary Optimus is Netscape, yes, but what the hell are Marvel Animation and Pixar?
And New Line Cinema, what the hell is this?
Are you preparing to enter the entertainment industry? This... is so incredible.
In addition to the Playboy Group that is about to be discussed, everyone is probably going to be confused. This is such a huge span!
From software industry to animation, from film industry to light industry,
Oh! By the way...
There are also department store retail and real estate industries, which are blooming almost everywhere, confusing people.