China Entertainment King of Science Fiction
Chapter 84 Mo's Valuation
Chapter 84 Mo's Valuation
"My attitude has not changed. Although our team is not many, it has developed very rapidly in recent years. I don't have any idea of selling ink now." Xu Sheng said while picking up a piece of tripe from the pot.
Although it is hot pot, it is in the private room, with an elegant environment and good sound insulation. This is where Xu Sheng often comes to discuss business.
Yang Dairong chuckled softly: "Mr. Xu, our DreamWorks does not necessarily seek a controlling position, and we do not intend to steal the company from you."
Xu Sheng frowned, and the two people sitting opposite him were from DreamWorks Studio. Xu Sheng was very excited when they first found him.
Of course, he knew that DreamWorks Studio was a film production company that was in full swing recently and jointly produced the movie "Fatal Identity" with Fantasy.com. The most important thing is that the boss of this company is a young director who rose like a comet.
Xu Sheng's first reaction to DreamWorks coming to him was that he had a big order. After all, Chen Jingxing's first two movies were science fiction movies with low cost. I guess he was going to start preparing for the third movie. It is likely that it would still be a science fiction movie, and it involves many post-production special effects.
Although such orders can basically not make much money, DreamWorks is not a big company with rich wealth. Usually such movies must be spent with money. At least they will not be generous in the visual effects in the later stage, but they can also bring fame to Mo.
Although MoreVFX was established in 2007, it has only made a leap forward in recent years. What brought them opportunities is "The Golden Robbery" directed by Ning Hao.
Through this movie, they have gained fame in the industry, embarked on the fast track of development, and also gave him and several entrepreneurial partners the belief to continue to stick with it.
Xu Sheng's expression relaxed: "You can talk within 20%."
With Xu Sheng's expression of unanimous refusal, Yang Dairong raised two fingers.
Twenty million? Impossible... Could it be...
Xu Sheng thought the other party could not make a purchase, so he wanted to settle for the second best cooperation in the movie, but he did not expect that he had not given up on the acquisition.
Yang Dairong is naturally well aware of this information, and he is prepared for it.
Chen Jingxing has relatively high requirements for special effects. Since Li Huicheng believes that the company is first-class, Chen Jingxing does not want to give up and is ready to fight for it. Of course, he still has to make some concessions.
DreamWorks did come with sincerity this time. After being rejected for the first purchase, Yang Dairong also realized that it was difficult for the other party to soften his attitude, so he made a telephone conversation with Chen Jingxing, thinking that it was unlikely to achieve his goal.
Many large foreign companies basically own their own render farms or supercomputers, but few companies in China have such equipment.
The famous special effects company is so busy that it wants to split it into two halves by one person. The unfamous team can have free time to raise chickens.
That is what Yang Dairong said, "Don't seek controlling position."
At the beginning, he excitedly attracted two people from DreamWorks to visit the studio, display the company's proud works, and introduce the entire work process. He wanted to make the ink the number one special effects company in China, with his technology comparable to Hollywood.
Xu Sheng personally owns 43% of Mo's shares, and the other three entrepreneurial partners jointly own more than 90% of the shares.
"Mr. Xu, don't you want to hear about our valuation of Mo?"
Xu Sheng refused in vain: "Mo is not my own company. If it is only a 20% stake, I am sure to convince others, but if DreamWorks wants to become Mo's major shareholder, it is basically impossible."
Xu Sheng couldn't control the surprise on his face: "Two...two million?!"
As a new director with a reputation as Yu Ninghao, Chen Jingxing will naturally attract attention, which will inevitably be another rare opportunity for Mo.
Yang Dairong smiled and shook his head: "Mr. Xu, our DreamWorks is not a big company, and we don't have that much spare money just investing in a special effects company."
Generally speaking, acquisition means turning the other party into its own holding subsidiary, and the shares must be at least 51% before they can be considered to be a holding subsidiary.
"Dreamworks is willing to invest 80 million to purchase 40% of Mo's shares. This fund can be used to purchase hardware equipment or software at will. For example, Mr. Xu can build his own large rendering farm, or buy the nuclear external ray tracing system that Mr. Xu has been greedy for a long time."
But Xu Sheng never expected that the fat fish he thought was coming to the door was actually a shark.
Yang Dairong and Li Huicheng were responsible for negotiations and the other was responsible for examining the strength of the special effects company.
Even though Mo is a company that does not lack business, the profits obtained by Mo in China are just enough to expand the team, add ordinary equipment, and increase the salary at most. Few investors are willing to spend a lot of money to invest in this industry.
What's more, DreamWorks is also a rising star in the film industry. If DreamWorks becomes Mo's shareholder, the movies Chen Jingxing will make in the future will likely be handed over to Mo for later stages. This is a high-quality investment that can bring resources.
Xu Sheng immediately refused firmly. If he had put it a few years ago, he might have agreed. In recent years, Mo has developed rapidly, and the domestic film and television industry has begun to have a sense of paying attention to special effects. Xu Sheng believes that he can grasp this trend and bring the company to a higher position.
Obviously, Yang Dairong means that even if DreamWorks does not pursue controlling status, they must at least become a major shareholder.
Unexpectedly, DreamWorks had not given up after being rejected. After two days, they came to ask him to discuss project cooperation.
Unexpectedly, they wanted to acquire his company.
Xu Sheng could hear the sound of his heart pounding.
The off-core ray tracing system can greatly accelerate the rendering efficiency of huge scenes.
Fame is really important in this industry. The special effects are highly professional in the later stage, and there are very few clients who know the industry, especially in the film and television industry where hot money is constantly pouring in. Most customers do not understand who is good or bad. Fame is the most important factor in acquiring customers.
Chen Jingxing originally wanted to give up his other goal, but Li Huicheng, who came to Chengdu with Yang Dairong, thought that the company was indeed very strong and was the strongest among all the later companies he had worked with and contacted.
Li Huicheng was from Xu Wen who digs into DreamWorks. He has worked as a producer, deputy director and film special effects director. He has rich experience in connecting with post-production special effects companies.
If you do not seek a controlling position, you will naturally not be considered an acquisition.
After hearing DreamWorks make it clear that it will not seek a controlling position, Xu Sheng softened a little, and most companies will not refuse normal investment.
The devilish voice continued to sound: "And DreamWorks will change the contracting model of post-production visual effects. If Mo is the post-production company of DreamWorks, you will receive the same treatment as the art department.
By the head and time, the crew pays the bill. Whether it is shutting down work, changing actors, changing scripts, or extending shooting time, the crew sends labor services monthly.
From now on, you will never have to rush the construction period, or even work all night long."
Xu Sheng was stunned.
(End of this chapter)
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