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Chapter 905 Another year of Oscar (repair)

Simon started buying General Electric's stocks very early, and Black Rock Asset Management, a subsidiary of Cersei Capital, is currently the major shareholder of General Electric's board seats with more than 5% of the shares. Because of his good relationship with Steve Ross, he also holds a small amount of Time Warner's stock. In addition, the success of DC's film universe has led to the close ally between Time Warner and Daenerys over the years. Simon did not feel any sense of crisis about General Electric's acquisition of Time Warner.

On the contrary, Simon also hopes that Time Warner can develop better under General Electric and form a confrontation with Daenerys Entertainment in Hollywood.

Only with competition can there be progress.

This sentence seems cliché, but it is the most simple and concise truth.

General Electric's acquisition of Time Warner can be said to be one of the important impacts of Simon's big butterfly on the American media industry. The completion of this merger actually means that the structure of the American media industry has basically taken shape. Whether it is the three old TV networks or the seven major Hollywood film companies, they have basically found a boss. Even if there are any changes in the future, they will probably only turn from one big boss to another.

The core is oligopoly.

Then, there is the further increase and decrease in Simon's plan.

The three old TV networks and an emerging FOX pattern are not easy to change, and the focus is on the seven major studios in Hollywood.

Daenerys Entertainment has now locked in its position as a giant in the industry. Time Warner, the only one who can compete with Daenerys Entertainment, is an allies. The other five studios, especially the few that Simon focuses on, will soon gradually decline until it becomes an actual second-tier Hollywood film company. Even if it is finally bankrupt and liquidation, it is not impossible.

After all, some of the former Hollywood film companies, such as Lei Dinghua, have disappeared without a trace.

Nothing has never been eternal.

New York.

The merger case passed the review and the two companies began to formally merge. For this reason, a special celebration party was held on the weekend. Simon was invited to attend and happened to handle some work on the East Coast.

Simon stayed on the East Coast the week before the Oscars.

It's mainly about the trip to China next month.

It is not related to the itinerary, but a commercial cooperation that will be signed during the visit next month.

First of all, it is a cooperation project with China's telecommunications industry.

In the 1990s, the development of China's telecommunications industry entered the fast lane. By the end of 1995, China's fixed-line telephone users had exceeded 50 million, mobile communication users exceeded 3 million, and there were also as many as 25 million wireless paging users. Although the penetration rate is far from comparable to that of the United States, the average growth rate of relevant data in the past five years has reached more than 100%. The future potential can be imagined.

The rapid expansion of the market size also puts China's telecom industry in a very serious problem.

Short of money.

The telecommunications industry is a well-known capital-intensive industry. Whether it is landlines or mobile networks, it is not affordable by any small company. In China, although the telecommunications industry is monopolized by state-owned enterprises and has considerable profits, because the related industries are developing too rapidly, the owned funds of major telecommunications giants in China are simply not enough to meet the needs of market expansion.

In the past few years, the Chinese government has been repeatedly considering how to solve this problem.

The entire country's finances are very short of money, and it is unlikely to have enough bank loans or financial appropriations. Issuing corporate bonds has been done, but it is impossible to issue bonds without restraint, so I considered listing overseas.

After a full year of discussion in 1995, I finally made up my mind recently.

The Westeros system has been closely focusing on various industrial changes in China. Simon noticed this last year and asked Cersei Capital's China Economic Research Institute team to follow up.

In addition, Simon will visit China next month, and the two sides quickly finalized their intention to cooperate.

To be precise, it should be three parties.

The one who planned to go public was China Telecom, which was not China Telecom, one of the three majors later, but the predecessor of China Mobile. However, due to the previous state-owned form, some Chinese telecommunications departments did not distinguish between government and enterprises, and there was no clear listing entity at all. Therefore, if you want to go public, you must first divest and reorganize the related businesses.

This happens to be in the business scope of Apollo Management, a subsidiary of Cersei Capital.

In the original time and space, China Telecom (Mobile) was listed in 1997, with a transfer share ratio of 25%, and the total financing amount reached US$4.2 billion. The funds obtained by taking the lead also made China Mobile the leader of China's three major telecom companies. At that time, Goldman Sachs was the one who operated this matter before and after. Mobile began to gain a strong position in the capital, and Goldman Sachs also gained huge direct and profits through this IPO.

Cersei Capital does not intend to interfere with investment banking business, but it is still okay to allow Apollo Management to participate in the divestiture and restructuring of China Telecom and earn a consulting fee.

As for the IPO, in order to further pave the way for Grace Spurt's husband, Simon matched up with the first Boston.

Therefore, it is a tripartite cooperation between China Telecom, Cersei Capital and the First Boston.

In history, most other overseas investment banks were very unoptimistic about China Telecom (Mobile)’s overseas listing, even Goldman Sachs did not have 100% confidence. It happened that it encountered an Asian financial crisis during the IPO period. If it weren’t for the fact that a number of Chinese businessmen in Southeast Asia insisted on supporting the bottom line at a critical moment, they would almost lose their money in the end.

In short, this is not actually a hot commodity.

At least to the eyes of others who do not have the advantage of the prophet, this is a big adventure.

You should know that although they are only providing services, they involve billions of dollars in IPO financing. If they cause losses to investors in the future, neither Cersei Capital nor the First Boston team will escape the responsibility. Just like in the First Boston side, Bill Spurt, who is supporting this project with Simon's support, is likely to be fired and his future will be ruined.

This is a big bet.

However, Simon had no concerns about the relevant aspects.

Only he knew that many years later, looking back, all the companies or individuals involved in this project made a lot of money, and not just purely financial benefits. The attacks in 1997, which were stormy in 1997 also accumulated considerable political capital for himself in China.

Goldman Sachs later led the overseas listing of a series of large Chinese state-owned enterprises, because of the friendship accumulated in 1997.

This time, Apollo Management and the First Boston team jointly operated this IPO, which first means that these two companies directly opened the door to the Chinese financial market. Cersei Capital can obtain huge profits through preliminary consultation fees and subsequent stock subscriptions, and the First Boston team can also earn generous commissions through this large-scale IPO issuance.

After the successful IPO, the two companies will definitely be able to obtain more business from China in the future. Bill Spurt can basically lock in the position of the next head of the first Boston leader. Even if it goes further in the future, it is not impossible to become the core of Credit Suisse, the parent company of the first Boston.

It can be said that multiple goals can be achieved in one go.

As the most important step in developing China's financial market, Simon attended the meeting and personally pointed out his ideas to Apollo Management Company.

First of all, you must have a long-term vision and never do anything to make a one-time deal.

Wall Street has a lot of bad records in this regard.

If Simon didn't stare at him, it would be hard to say whether the two companies would join forces to cheat China.

No one is a fool.

If you cheat once, it would be strange if others will look for you again in the future. This time, the listing of China Telecom is definitely just the beginning.

Therefore, the two sides should cooperate quite frankly.

The consultation fee can be set a little higher, and the commission can be charged a little more. After all, this project is very risky and both parties can understand it, but we must also try our best to win more benefits for China. After all, the other party is a customer, so don’t sit in a crooked manner, and there is no need to collude with each other to sell assets at a low price.

In addition, there is also a large-scale commercial real estate project.

This is also a top priority in the contract that will be signed next month when traveling to China.

Levison Group, a subsidiary of Westeros, will build a large commercial center in Beijing with an estimated investment of $1 billion.

This is also the decision made after a detailed internal evaluation of the Westeros system.

The main basis is the Beijing International Trade Center project opened in 1985. This large commercial center invested by the Guo family in Malaysia has been a great success since it was opened in 1990. According to a team from Cersei Capital China Economic Research Institute, the International Trade Center is expected to fully repay all bank loans this year, which is three years ahead of the expected cycle, and is basically pure profit for rent collection.

Because of the great success of the first phase of the China Trade Trade Phase I, preparations for the second phase of the China Trade Phase II have also started and are expected to start construction at the end of the year.

In the original time and space, even twenty years later, the Guo family in Malaysia can collect more than 5 billion yuan of rent through the International Trade Center every year, becoming the largest landlord in Beijing.

The first phase of the Guomao has been successful, and the second phase of the Guomao is about to start. Logically speaking, the Westeros system is now on the rise to develop commercial real estate, which is not wise in many people. After all, it will definitely be a collision with the second phase of the Guomao in the future. What if the commercial real estate market is saturated?

Simon knew very well that this worry was completely redundant.

China's future development is far beyond many people's imagination.

Just like the telecommunications field.

Due to the rapid development of mobile communications worldwide, although there are only more than 3 million mobile communication users in China at present, according to the growth rate that has more than doubled every year in the past few years, many industry analysts are optimistic that China's mobile communication users will exceed 100 million in the next ten years.

In fact, 10 years later, this number has reached 400 million, which is more than the total population of the United States.

Therefore, as long as the operation is done properly, this $1 billion commercial real estate project will be at most a matter of how much you make.

Levison Group used to focus mainly on residential real estate, and had little experience in developing commercial real estate. For this project, Simon also integrated a team of Golden Retriever real estate developers that had been completely controlled by the Westeros system with Levison Group. A large part of Golden Retriever's real estate company's business is commercial real estate.

After this integration, the Golden Retriever family was completely marginalized. Next, they could only be their own shareholders. As long as they didn’t make trouble, they would be fine for wealth and honor for the rest of their lives. By the way, they could also do some workplace reality shows in media and entertainment.

If it doesn't stop, Simon doesn't mind knocking the other party out of dust.

Adding to some other things, Simon stayed on the East Coast for a week and didn’t return to Los Angeles until March 25.

This is the day of the 68th Oscar.

Simon not only attaches great importance to the results of this year's awards, but also includes the live broadcast ratings of this Oscar. In the past few decades, the Oscars have been broadcast by ABC TV, but this year is the first time since the Metropolitan ABC Group was acquired by Daenerys Entertainment.

However, even though the organizer tried his best to invite him, Simon still did not attend the award ceremony in person.

Just stay at home with the women and the children to watch the live broadcast.

After all, the Westeros system is now ubiquitous, and Simon doesn't want to make himself everywhere.

Speaking of which, this is also a necessity.

Just like South Korea.

Why Samsung Republic?

Because Samsung is everywhere in Koreans' lives, food, clothing, housing, transportation, birth, old age, sickness and death are inseparable. The most popular and crowded job hunting in China was to take civil servants, while South Korea took Samsung. Various Samsung job hunting trainings are everywhere. As long as you enter the Samsung system, you will be superior to others.

The Westeros system is now in this way in the United States, mainly because the exposure rate of industries is too high.

If it is a field such as hydropower and medical care, it may not be so conspicuous, but the focus is on technology and media.

The whole world is now staring at the wave of new technology, and this industrial transformation is still driven by the Westeros system.

Not to mention the media field, movies, TV, music, and the Internet, almost everyone comes into contact with these every day. Moreover, names such as Daenerys, Egret, Melisandra, Cersei, etc. are really typical. The market value of these companies in the capital market is even higher. It is not normal not to occupy a large piece of media that day.

In short, just like the Penguin Ali in my memory, I can't even hide in the air, and ordinary people can't hide even if they want to be too much.

The awards ceremony begins on time at 6 p.m. on the West Coast.

The host of this year is still Billy Cristo. At the beginning of this time, Cristo appeared directly on a bat motorcycle, which actually indicates a lot of things.

There was no suspense in the end.

Less than 10 minutes into the opening, "Batman vs. Superman: Dawn of Justice" won the first Little Golden Man among 9 nominations, with the best soundtrack.

The soundtracks of DC Cinema Universe are very outstanding, but in the past, they were naturally discriminated against by Oscar judges because of the attributes of comic-adapted commercial films. This is the first Little Golden Man since the series was founded, which is a make-up.

After the best soundtrack, things are basically finalized.

The three-hour awards ceremony was still out of the way to "Batman vs. Superman: Dawn of Justice" except for the performance awards. After all, it was a comic-based film and there was little room for the actors to play. Except for the Joker of Rivian Phoenix who unexpectedly got an unexpected surprise last year, there was no other gain.

However, the core best film and best director were easily won by the Super War.

Logically speaking, the best director is a bit weak, and it is largely the role of public relations. But overall, the first film in North American film history that has exceeded 600 million and is still hitting the local box office of $700 million. In order to make the award more worthy, a best director is not too much.

Finally, "Batman vs. Superman: Dawn of Justice" won a total of 7 Little Golden Man, including Best Picture, Best Director, Best Visual Effects, Best Soundtrack, and became the biggest winner of the 68th Oscars.

As the award results were settled, the local box office of this superhero blockbuster rebounded again in the following days. Many overseas markets, which were still in the early stages of the release, set off a wave of movie viewing craze due to the winning of the Super War.
Chapter completed!
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