Chapter 1411: Divide the Pork(2/2)
Because through this incident, they can be told that the new boss is not a mean person, so that they can continue to work with peace of mind.
Sure enough, once the contract was signed, people's hearts were set.
The noisy Burning Entertainment Agency immediately ended the state of panic.
However, it must be said that the debt owed by Ikuo Shubo is quite complicated. This guy is really desperate.
He actually loaned out the assets of the firm in the bank, and took the loan contract to a loan shark company as a second mortgage. He used almost all the sources of money he could get, and borrowed a total of 3.3 billion yen.
Fortunately, because this guy's needs are urgent and he is a little careless in a hurry, the gap between his loan amount and the mortgage assets is relatively large.
Moreover, Fog Studios also has ample funds in its account.
After Matsumoto Keiko asked Ning Weimin what he wanted, he quickly paid off the debt owed by Ikuo Shubo, using 4.4 billion yen to complete all the debt clearance work, and recovered all the debts from banks and loan companies.
Assets and interests belonging to Burning Arts Agency.
It should be said that although the real estate of Burning Entertainment Agency is only office space, as a medium-sized entertainment agency, there are not many well-known artists among its artists. Except for a few such as Kyoko Koizumi, Yumi Go, and Yoko Nagayama, there are not many famous artists.
There is nothing "big". It seems that buying this entertainment agency at this price is not worth it.
But you must know that Burning Entertainment Agency was the first to intervene in copyright management in the entertainment industry.
As early as 1973, when "BURNING PUBLISHES" was established, Ikuo Suho began to specialize in music copyright business management.
In addition to the artists affiliated with Burning Entertainment, he also holds the copyright to the early songs of SOUTHERN ALL STARS and most of Tetsuya Komuro's songs.
Thinking back to the beginning, the reason why he was able to quickly repay the more than 60 million yen borrowed when the firm was established in just five years was to lay the foundation for his business.
This is largely due to its effective management of music copyrights.
The way Ikuo Suho obtained music copyrights was to rely on his strong capital to approach firms that were in financial difficulties or firms that were experiencing various troubles, and to obtain various rights and interests of their artists on the condition of helping them get out of trouble. In other words,
It is equivalent to corporate mergers and acquisitions.
Especially after so many years, this guy has been using this model to continuously obtain music copyrights, so the most valuable asset of his entertainment agency is the music copyrights he has continuously collected.
According to financial data provided by two of his right-hand men who once followed him, Burning Entertainment Agency can earn at least 5.6 billion yen in revenue from copyright fees every year. This is a net profit with no capital.
You can continue to eat like this, which means that even if you don't consider other assets, it is worth spending money to buy Burning Entertainment just for these music copyrights.
In comparison, the background of Taurus Palace is much shallower, but Matsumoto Keiko spent almost the same amount of money to own 90% of the shares.
Looking at it this way, isn’t this deal a good deal?
And what is certain is that from now on, some TV program resources that originally belonged to Burning Entertainment Agency will also fall into the hands of Matsumoto Keiko. At least for a period of time, the TV station will have to fulfill the contract.
This is completely a free benefit.
Finally, coming to the most important point, after swallowing up Ikuo Sufang's agency, Keiko Matsumoto's shortcomings in acting have been almost eliminated. She no longer has to worry about finding enough actors, and even the value of Taurus Palace
All have received corresponding improvements.
Because Matsumoto Office merged with Burning Entertainment, there have been many more famous singers, and naturally more music albums need to be produced. Now these businesses have naturally become Taurus's meal.
That's the beauty of mergers and acquisitions.
Chapter completed!