Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 360. [Shocking News](2/2)

He, who has always been decisive, had already decided on this proposal, so even if there were objections - mainly the fat man Gao Jiabao and some cautious senior officials, they could not change his mind in the end.

Therefore, after Yi Feiyang's strong announcement, there was a shock within Fantasy Entertainment, and it was immediately passed almost unanimously. The reasons for this are self-evident.

"What a waste of money." Fatty Gao Jiabao couldn't help but talk to himself after the meeting, shaking his head.

"Senior supervisor, I always feel that this can still be done. As long as we acquire AMC, won't our strength become stronger and stronger?" A subordinate in the finance department asked doubtfully.

The fat man looked at this subordinate as if he were an idiot, and said unhappily: "Hey, idiot, have you ever seen someone who has cancer and is still alive and kicking?" AMC is simply a cancer, and anyone who carries it is a chronic disease.

suicide.

After confirming that everything was OK, Yi Feiyang used Gusta's relationship to start formal negotiations with the American Rainbow Group. The management of Rainbow Group was also extremely excited. Yi Feiyang's acquisition of AMC was too beneficial to them.

After hearing the news, William Som, the person in charge of the Rainbow project, was so happy that he didn't even sleep for several nights.

William Som is fifty-four years old this year. He has long passed the golden years of struggle, and even in bed he has lost the passion of his youth. I think back then, he was highly sought after in the Rainbow Group, vowed to accept the AMC TV station, and

He vowed to make it the largest and most competitive cable TV station in the United States. He still clearly remembers the warm applause at that time, which seemed to announce the arrival of William Sommer. But things went against his expectations. Not long after he took over the TV station, the U.S. economy began to decline.

Entering a period of weakness, the economic bubble caused the VIP customer share of cable TV to plummet. You must know that cable TV maintains its operations through paid programs, not advertising. For this reason, AMC was hit hard and once fell into an operational crisis.

At this time, William Som did not back down, but suddenly came up with the idea of ​​creating a TV program to break out of the encirclement. He found funds and began to produce his own TV station's exclusive program "Fantasy Adventures". This TV program is large-scale, from the United States

From the Amazon, to the African savannah, to the giant stone sinkholes in Europe, the adventure venues are one after another. The program staff swims with crocodiles, dances with lions, and makes friends with African savages... It can be said that it is a collection of new and strange things, which is very interesting.

However, after the production of this drama was completed, the audience did not buy it, thinking that it was just a replica of the American geographical adventure program. The ratings fell to the bottom for a time, and even the old customers that had been retained before were lost. There was no way.

, this TV program had to be temporarily cut in half, but it was too late, and the production funds spent on it were irretrievable. AMC was directly in debt, and was subsequently sentenced to death by Rainbow Group.

After the failure of this "middle-aged entrepreneurship", William Som understood the truth that when a person gets old, he must accept his old age and not push himself into the fire pit out of impulse.

Therefore, when he heard that the Chinese upstart from Fantasy Entertainment was planning to acquire his own TV station, William Som was particularly interested. He almost jumped with joy. That night, he rarely showed off his power and had a 300-round battle with his wife in bed.

In William's view, as long as the price is right, he will sell half of the company's equity he controls; and the remaining equity is in the hands of other people in the Rainbow Group. Of course, if Yi Feiyang wants to acquire it wholly, those guys will be happy to throw it away.

This burden.

In order to increase the price, William Som sent AMC TV's financial statements to Yifeiyang's acquisition team, clearly describing the company's income and expenses, all claims, debts and assets. Yifeiyang's professional accountants reviewed this statement

I made an audit report and there were no problems.

Next, the asset appraiser went to New York to conduct a comprehensive valuation of AMC.

After a week of review, the most valuable TV series on AMC TV is actually "AMC Backstory". The rest are basically money-losing products.

God can prove that it takes a lot of prodigal skills to turn a TV station that was originally doing well into such a virtuous one. Obviously, Mr. William Som is an expert in this area. (To be continued, please search Piaotian Literature,
Chapter completed!
PrevPage Index    Favorite Next