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Chapter 827: Everywhere (Repair)(1/2)

Daenerys Entertainment and Metropolitan ABC Group attracted the attention of most media, and the merger was also finalized during this period.

San Francisco, Silicon Valley.

On June 28, Tinkobaier, an emerging electronics product company that has rapidly emerged in recent years, suddenly announced that it had reached an agreement with online radio and audio sales website Broadcast, and the two parties will officially merge. Because they are both private non-listed companies, Tinkobaier and Broadcast have not announced a specific merger agreement. Another news accompanied by this merger news has attracted more attention.

After the merger is completed, Tinkobaier will officially launch its IPO plan.

In the past few years, Tincobaier has been rumored that it is about to IPO many times. Because the company's growth rate is comparable to that of new technology companies in recent years, it is also considered to be one of the many "women" in the Westeros system (Tincobaier is also the name of a woman), so the capital market has always been looking forward to the listing of this company.

Unfortunately, the following was gone several times in the past.

This time, since it is an official press release, it is unlikely that it will be fake news anymore.

With the announcement of the news and media digging, the approximate merger details of the two companies were disclosed one after another. In this merger, Tinkobaier and Broadcast were valued at US$15 billion and US$2 billion respectively. Both of them seemed to be very high. However, according to market analysis, Tinkobaier still believes that Tinkobaier was at a loss.

After Tincobaier's sales data were released last year, the industry's valuation of the company had reached a level of 10 billion.

After the digital music player iPlayer-10 launched in the first half of the year, Tinkobaier has increased its production capacity to 300,000 units per month in the past month, and it is still in short supply. It is expected that in just one year of launch, the total sales of iPlayer can be comparable to the iCam series that the company has launched for several years.

This means that the size of Tinkobaier Company has doubled directly.

Not only that, with the launch and selling of the micro-hard drive version of iCam-50, Tincobaier's digital cameras' market share has also returned to more than 60% from 53% last year.

Combining these positive factors, even if Tincobaier is valued at $20 billion, it is not an exaggeration.

Let’s look at Broadcast again. Since its launch in 1993, although the total number of registered users of Broadcast has exceeded 30 million and has found a more suitable business model, the revenue of this online platform was only US$26 million in 1994. Calculated, this is actually only more than Tinker’s daily revenue at this stage.

Although Broadcast's revenue began to rise rapidly after the launch of iPlayer-10, the valuation of $2 billion has a very large bubble component.

However, the media discussed it lively and suddenly found that the two companies were all companies in the Westeros system. No matter how they merged, they were just left-handed and right-handed. What's more, everyone could see that because of the popularity of iPlayer players, Tinkobaier took over Broadcast and completely took the content channel into his hands, which would only benefit a lot.

The same is true in fact.

After this merger, the equity structure of the brand new Tinkobaier Company has become more complicated. However, the shares directly controlled by Westeros still reach 61.6%, and it is still absolutely controlled by Westeros. Broadcast was incubated by Egret's venture capital department, and Egret is absolutely controlled by Westeros. After the merger, the 8.1% stake held by Egret is actually still in the hands of the Westeros system.

The other relevant parties involved in the merger were not dissatisfied.

In order to win over several major newspaper groups, Simon opened investments to these old media giants by opening up a series of projects that Igret focused on incubating. Last year, the New York Times acquired 15% of the shares of the Broadcast website for $30 million. After this merger, the 15% stake in the New York Times Group was converted into 1.8% of the shares of Tinkobaier, which seems to be a lot lower, but based on the total valuation of this merger of $17 billion, the value of 1.8% of the shares also reached $300 million, which is equivalent to a tenfold increase in a year.

Girl C's stake in Tinkobaier Company has dropped from 15% to 13.2%. According to the combined valuation, the former Wei family maid who walked out of Simon's side has a personal net worth of US$2.2 billion.

Another super rich man of Billionaire level was born.

It is worth the same as the former housekeeper Alice Ferguson who received 76 million shares of Igret some time ago.

With Igrit and Tinkobaier coming soon, the two girls are even very likely to rush into the top ten Forbes' 400 US Rich List.

Not only "Danelles", "Igrit", "Melisandra", "Cersei", etc., the Westeros system subsidiaries named after women, but also the strong "Women's Gang" with huge wealth and outstanding abilities in the Westeros system has become increasingly famous in recent years.

This is not the most important thing.

Over the years, all kinds of things have been one by one. Every once in a while, the Westeros system can create some big news that the whole nation is concerned about. Even if many people are unwilling to admit it, the increasingly huge business empire created by Simon Westeros has also become everywhere with the continuous surge in the wealth of a young man.

Conspiracy theorists always feel that someone is quietly controlling the world.

This statement is actually true.

However, for Western countries with relatively complete social systems, power is difficult to concentrate on a few people. The one who controls these countries is actually a huge vested interest class.

To be more detailed, it is still two words: capital.

As the capital scale controlled by the Westeros system becomes larger and larger, the Westeros family has increasingly more hidden power in this country and even the world.

Judging from the entire civilization evolution cycle, Simon created all this in less than 10 years, and did not give too much reaction time for the old vested interest class. In fact, it is no less than a violent revolution that changed the structure of social class.

That's right.

Even if many people are absolutely unwilling to admit that a brand new king has emerged in this world.

The King of Capital.

Midtown Manhattan.

In the conference room of the Elite Model Agency headquarters at the intersection of Fifth Avenue and 27th Street, Grace Spurt felt that a young man sitting next to him was his king.

It was the morning of July 3, Monday, the day before the U.S. alone day holiday.

Things have to start a week ago.

Fernanda Lima, signed by Grace at the beginning of the year, celebrated her 18th birthday on June 25. Immediately afterwards, the Brazilian girl, who just turned 18, received a show angel contract for the new Victoria's Secret show being prepared.

Including the three daughters of Qusi Goff, Eva Herzgova, and Daniela Psteva, Grace already has four Victoria's Secret Angel members.

After a few years, the circle has gradually discovered that models who are fortunate to appear on the Victoria's Secret show runway can definitely not only obtain the short-term scenery of the show runway, but also the full-scale resource support of the entire Westeros system in entertainment and fashion channels.

In fact, this is also a win-win situation.

However, the video sales of previous Victoria's Secret shows have brought hundreds of millions of dollars in profits in recent years.

Therefore, as long as you can be on the Victoria's Secret TV, even if you are not the official spokesperson of Victoria's Secret, the value of the relevant models will increase, their fame will increase, and their commercial invitations such as catwalk endorsements will naturally increase significantly.

There are millions of men and women engaged in the modeling industry in the fashion industry around the world, and few of them have truly reached the top.

Now, with the support of the powerful resources of the Westeros system, the Victoria's Secret Legion has firmly locked in the top position of this circle's pyramid.

The total number of Victoria's Secret Legion is only about forty people.

When many small model agencies do their best to win one or two Victoria's Secret Angels, Grace Spurt, an agent, owns four places. How can others not be envious?

Even Elite President John Casablanca is a little unbearable.

The signing of Fernanda Lima with Victoria's Secret became a hidden fuse.

Casablanco's conflict with Grace is more than that.

After Elite established its new media operation department last year, Casablanca did not pay much attention to it at first, but unexpectedly, the development and expansion of this department would be so rapid. Since its establishment last year, in just one year, the new media operation department that Grace has seized has signed a $26 million contract with major brands.

Founded in 1972, Elite has developed to the present day. In more than 20 years, its branches have spread all over the world. Not counting as the new media operation department, the total contract amount won for thousands of its models last year was only US$120 million.

This is already a giant-level existence in the modeling agency industry.

However, these basic businesses are suddenly pale in comparison with the strong rise of the new media operation department.

If this department is directly controlled by John Casablanca, it would be nothing, but it is another executive of the company. John Casablanca is increasingly discovering that if Grace Spurt continues to take charge of the new media operation department, his position may be out of stock.

Not only that, at a meeting last week, Grace Spurt also proposed to create another advertising planning department.

This is actually a successful case.

Hollywood's C successfully entered the field of advertising planning a few years ago and even won the Coca-Cola advertisement. Coca-Cola's famous polar bear advertisement was from C's creativity. At that time, it not only defeated many old advertising planning companies, but also achieved great success.

As the largest model brokerage company in the industry, Elite's current business core is still the traditional model brokerage business, which is definitely not a long-term and sustainable business model.

The core of a brokerage company is people.

If the people disperse, there will be nothing left.

In recent years, many modeling agencies have emerged and then died.

If other businesses can be gradually opened up and Elite has relatively fixed "assets", the company can maintain its position for a longer time.

Grace's suggestion is definitely to consider Elite's long-term development. However, after operating a company for more than 20 years, it has reached the peak of the industry. John Casablanca has long since lost much enterprising spirit, so she has been too lazy to open up any new business over the years. However, he will never allow others to threaten his power.

If the advertising planning department is successful, his founder will probably have to leave.

So, Casablanca did not hesitate to reject Grace's suggestion and went further, asking Grace to give up control of the new media operation department, which he planned to take charge of himself, in exchange, and he could promote Grace to serve as president of Elite's North American branch.

Standards rise and fall in the dark.

Grace naturally would not agree, and a quarrel broke out between the two sides soon, and then, John Casablanca announced on the spot that Grace was fired.

This happened suddenly, and the whole Elite was confused.

What's going on?

Grace also made a simple arrangement and left the company that day.

John Casablanca is the founder, shareholder and president of Elite, and she has every effort to fire her, but Grace is more confident.

It's enough to have a man yourself.

I called and Simon was in Los Angeles at the time, so I just asked Grace to take a break for a while, and I didn't have to worry about the rest.

For Simon, Grace was completely blind and men would do whatever they said.

After a busy year, I happened to have not been with a couple for a long time. During the summer vacation, I simply took my two children to the Caribbean for a walk.

Actually, I also knew that Simon was a little busy during this period and thought she would have to wait for a long time, but unexpectedly, just a week later, she received a call again, asking her to return to New York as soon as possible.

This time, Grace rushed directly from the airport to Elite headquarters on Fifth Avenue.

Before boarding the plane, I also received some information from Simon's assistant.

In just one week, it was turned upside down.

At least, for Elite, that's it.

Talent agency companies are a marginal supplement to many industries, even giants like Elite are just small plates in the final analysis.

Therefore, Simon just explained that he didn't have to do anything himself. With a week, with both soft and hard work, Apollo Management, a subsidiary of Cersei Capital, negotiated an acquisition agreement with Elite shareholders. Apollo Management acquired 55% of the shares from Elite shareholders for a quote of US$65 million.

With the nature of Elite, this is actually a pretty generous price.

Take the total contract amount of US$120 million in 1995 as an example. It seems to be a lot, but in fact, even based on the higher 20% commission in the modeling industry, ELite's revenue is only US$24 million, and most of the funds will be taken away by its many brokers, and the remaining so-called profits left to shareholders are very little.
To be continued...
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