Chapter 185 Genius and Idiot
"One million US dollars?" Jing Jian smiled at Billy. He was so miserable that he was in the hotel and he didn't have to read the report to know that the company was not worth much.
Jiang Zhijian promptly helped in English: "Bramble, if I really like those artists, I can talk later. It's only a hundred thousand dollars, and it should definitely be done. Besides, you really like playing. If you pay that little money, you just want the symphony orchestra to accompany you, and that can do it."
This was a poaching face without any concealment. Billy felt a little feverish on his face. Although there was a high penalty clause when signing the contract. Once the company went bankrupt, it activated the liability for breach of contract, and Billy couldn't even get a penny. Moreover, the company was already operating in a dismal manner, and even Billy himself didn't know how long it could last? Maybe it was just a few months. If someone really took out $100,000 now, he might be tempted.
However, it was already in a difficult situation, so Billy could only grit his teeth and said: "Sir, in addition to these artists, our entertainment company also has another film department. It has successfully produced five movies and has the copyright of these movies. We also have a mature movie and pop music team. And..."
"Haha." Jing Jian was still good at speaking, "Mr. Billy, please sit down and have a drink. I am not interested in the other things in your company. If you want to sell, it will be $800,000. Of course, there are several other conditions. If it doesn't work, then have a drink and we will go our separate ways."
"Then...thank you." Pretending to be reluctant, Billy sat down. How could he not be interested? "Please ask, Mr. Bramble, what are your conditions?"
"First of all, I ask you, how is the company's financial situation? You won't owe a large amount of debt, right?" Jing Jian asked with a smile.
"That's definitely not. Our company's accounts are surplus, and there is no loan or loan at all." Billy answered quickly. He added in his heart that the accounts are only surplus of more than 10,000 US dollars, and he doesn't even know where the employees' salary will be next month. And it's just such a small company, which bank, and which investor is willing to borrow? It's all the investments of several of his shareholders, and they all burn money to OVER.
"Then is the company now owned?"
“I am unique to my personal.”
"Okay. Let me talk about my conditions."
"Look at me with your ears."
"First, after I buy the company, I will establish an entertainment group. Under the entertainment group, it will be divided into two major branches: movies and music. You only have 20% of the shares of the music branch plus 10% of the annual profit dividends, and the salary is calculated separately, and the music branch is managed by you, so I will not interfere."
Billy was actually full of joy. Not only did he make a fuss, he could still own 20% of the music company and 10% of the dividends. As for what film company? It has long become an empty shell. However, for his own interests, he still has to fight for it: "Mr. Branble, isn't 20% of the shares too few?"
"Where is there a 10% dividend?" Jing Jian did not give in. "Mr. Billy, if you think there is less. Of course, you can also choose, 10% shares and 25% dividend."
"That's still a 20% stake." Billy agreed quickly, afraid that Jing Jian would regret it. Although the latter option is that if the company makes a profit, the annual dividend can be 5% higher, what if... the company's market value rises sharply? Moreover, Jing Jian is the boss. If one day, he suddenly arranges someone to sweep Billy, a small shareholder, out, even if there is a lot of dividends, he can only watch it?
"Okay." Jing Jian nodded, "Second, the 800,000 I bought the company, of which 400,000 were capital injections in the company. Do you agree?"
Billy thought that his 400,000 private investment was finally back, and the company really needed to inject capital again. So he agreed very readily: "I have no objection to this."
"Third, now the company has only a few artists, right?"
"Yes, just these ten artists, Elf Bird."
"Okay, these artists have changed their contracts to the group company. There is such a possibility that they want to develop their songs and movies."
"It's OK." Billy agreed immediately. If Jing Jianzhen could make a name for himself, it would be of great benefit to the development of these artists. Besides, in which year did not have a few ambitious young people in Hollywood invest in movies that even ghosts might not be able to see?
"Then, Mr. Billy, what are their liquidated damages and periods?" Jing Jian asked with a smile.
"It's all unified. They signed a contract a year ago, both for fifteen years and the penalty for liquidated damages of $1 million." Billy replied. It's not a secret about these. It can be seen that the United States' exploitation of new debut artists is also fierce.
"Put it to $3 million! The new contract is also 15 years." Jing Jianke decided.
"But sir..." Once the liquidated damages increase, the corresponding guaranteed weekly salary and appearance bonuses will also increase. Billy felt a little distressed.
"That's it." Jing Jian finished his words.
"Oh well!"
"If it's fine, Mr. Billy, now sign a memorandum with legal effect to fix our promises. After returning to Los Angeles, the audit will be passed and then the formal contract will be signed. Of course, in order to prevent each other's fraud, Mr. Billy reminded in advance that the penalty for liquidated contract will be as high as 200,000 US dollars. My lawyers and accountants are very expensive. My time is even more precious." Jing Jian will certainly not be very reckless and believe that the specific acquisition will definitely be arranged for professionals.
"Of course it's okay. Please believe that everything I said is true..."
...
Billy led the boys and girls to introduce them to Jing Jian, the new boss. Jing Jian gave each boys and girls a $500 gift, and then played them away. Until Jing Jian and Jiang Zhijie were left, suddenly, Jing Jian showed an excited expression: "Brother Jiang, how am I doing? Is this the first company I acquired. The first company! Am I amazing? Am I amazing?"
Jiang Zhijie was speechless. The negotiations just now were quite good, and they really scared Jiang Zhijie. But now, I thought about it carefully, just for those accompaniments, or for those beautiful girls, I even didn’t lift my eyelids, so I threw away 800,000 US dollars?
"Ahem. It's so amazing. Not that great." Jiang Zhijie smiled against his will, "Xiao Jian, you are quite good at negotiating. Who did you learn from?"
Jing Jian smiled proudly: "I went out with my uncle several times and learned what I learned from him. They often taught me, so I understand a little bit. But they told me: If you have something to do, just find a lawyer and an accountant to help me."
Chapter completed!