Rebirth of the 92 Business Tycoon

Such behavior actually has some impolite meanings, but Feng Yiping believes that on such occasions, this middle-aged man can look for himself so presumptuously, not because he wanted to sign.

"I am, are you?"

"Sorry to bother you, I'm Anthony of the Tracinda Group, this is our chairman," Anthony gave in, and let out the gray hair and loose cheek muscles behind him, obviously an elderly gentleman. .

Matteo has stood up, obviously he knows this person's identity.

Cummins was shocked, and then said a name in Feng Yiping's ear.

It's him? This doesn't look like it really.

The old man who looked like an old-fashioned English gentleman had already reached out to Feng Yiping, with an authentic American accent, "Hello Mr. Feng,"

"Hello Mr. Kecorian," Feng Yiping took his hand.

Although this is very hard, compared with the young Feng Yiping, he is naturally very soft.

In fact, he is already very good. He is now 87 years old. It seems that he is actually quite energetic.

"Hello Cork," Matteo also shook his hand.

On Feng Yiping's side, Zuckerberg and the others are asking people around them, what is the sacredness of this gentleman who doesn't seem to be simple, after inquiring clearly, they are all a little respectful. This is really a remarkable one. Characters.

Kirk Kecorian was born in Southern California in the 1920s. He was born in a poor family and started working odd jobs to subsidize his family at the age of 9. Later, after finishing middle school, he completely dropped out of school. There are too many rich people, but at least those who have gone to college, he hasn't even gone to high school.

Later, in order to make money, he began to practice boxing and eventually became the American amateur lightweight boxing champion. Then one day, when he got on a plane for the first time, he quickly fell in love with aviation.

Later, during World War II, he joined the Royal Air Force. He saved almost all of his salary at that time. After the war, he used this as capital to buy a single-engine aircraft for transportation, and then accumulated some capital. Later, in 47 years he bought a small airline in Las Vegas.

After operating this company for 18 years, he successfully listed this small company, and three years later, he sold the company for US$140 million and sold it to Pan American, the world's leading aviation industry at that time.

He bought this company in 47 years and only spent 60,000 US dollars. After 21 years, the income is more than 2,300 times the amount of his investment.

At the same time, he also did not let go of the most profitable business in Las Vegas. A year before selling the airline, he worked with others to build the world's largest casino hotel in Las Vegas. international Hotel.

Cummins and Feng Yiping had talked about some of the later experiences. The old man bought MGM in 1970 and sold MGM to CNN founder Ted Tete for a price of $1.45 billion in 1986. Satisfied.

Soon, Turner kept all MGM movies from before 1948 to enrich his own TV show, and then sold MGM back to Kecorian.

In 1990, he sold MGM again for US$1.3 billion. Six years later, he still bought it back for US$1.3 billion.

Then in September last year, he sold it again-in Feng Yiping's impression, this was the last time he sold MGM, because he had the impression that MGM should be completely bankrupt a few years before his rebirth.

This time an agreement has been reached, but the acquisition is still awaiting approval by relevant agencies. The buyer is a consortium headed by Sony, with an amount of up to 4.8 billion US dollars.

It's no wonder that MGM will eventually go bankrupt, and all the money that should be made allows the old gentleman to make money early in the process of falling hands.

But it seems that this old gentleman is completely different from what Feng Yiping imagined. Not only does he seem to be innocent, but he also keeps his head down slightly, not very relaxed, completely in the market with him. The vertical and horizontal strokes are not the same style.

Sure enough, a person can't look good--Feng Yiping didn't know, he was the same in the eyes of the other party.

"Sit down, please," some people had already given up their seats.

Kecorian sat down and chatted with people here who are interested in him very kindly, and then whispered to Feng Yiping, "Can you talk a few words alone?"

Your MGM is sold, and now you are the casino tycoon in Las Vegas. It seems that there is nothing to talk about with me, "You guys didn't eat it, or else eat some first."

"We have eaten," Anthony said.

"Then, can you wait for me a few minutes," Feng Yiping was really hungry, and he didn't know how long the old gentleman's words would take.

He has seen a lot of guys who stated in advance that "I will only speak three sentences this time," but in the end they spoke eloquently for most of the day.

"It's okay, you eat first," Kecorian said with a smile.

He stood up, "Excuse me,"

Mateo of UBS was originally going to leave. Obviously Feng Yiping is the only one who is more comfortable with such a meal. However, he does not want to leave at this time.

It looks like this is an opportunity right now, isn't it?

…………

Eight minutes later, Feng Yiping, who hurriedly ate a plate of scrambled eggs and a pie, had already strolled along the mountain path behind the restaurant with Kecorian.

The roadside is a world wrapped in silver, and there is often a sound of "rustling" from the forest. It is the sound of snow falling from the branches.

"Mr. Kecorian," Feng Yiping decided to get straight to the point.

Kecorian had the same idea. Before Feng Yiping asked, he asked, "If I decide to sell MGM this year, will you be one of the buyers?"

Feng Yiping answered very directly, "We will be very interested,"

In fact, last year, Feng Yiping did pay attention to MGM's nearly half-year sales process, but he was not tempted.

For one thing, that would disrupt his original plan.

Secondly, MGM is not an ordinary American company. Many Americans have feelings for this film company, which has been established for more than 80 years. He does not want to stir the sensitive nerves of the American people.

Finally, and most importantly, he believes that spending so much money is not very cost-effective.

Before deciding to sell, MGM’s market value was close to US$4.1 billion, and Sony’s final bid was still a premium of nearly 20%, more than US$4.8 billion.

As a result, Sony acquired MGM’s 4,100 film assets, plus the 3,500 films acquired by Columbia Pictures acquired by 89, for a total of 7,600 films. This allows Sony to control 50% of the film resources in the US film market, close to a monopoly. It is also the reason why this acquisition has not yet been approved.

With this foundation, Sony's DVD rental business will naturally go to a higher level.

Feng Yiping also wanted to buy it. After all, he had made up his mind to take the path of self-made content. An established production company like MGM is naturally an excellent target. However, it will cost nearly 5 billion US dollars. He was really not interested at all.

With that money, he can start a new production company and shoot those hit movies he knows.

Which movie will make a lot of money, which movie will lose money, this is the biggest problem faced by all the production companies in the world, and this is not a problem for Feng Yiping, at least those big money movies in the next ten years, he will clear.

However, in the face of such an old man in his 80s and almost 90, it is naturally not easy to say "We will be interested, but will not buy".

After hearing Feng Yiping's words, Kekorian was obviously a little happy. Now everyone knows that Feng Yiping has a good vision and he is interested in his company. Does that mean that he is optimistic about his company?

"After noticing that you acquired Netflix and launched YouTube, I immediately realized that maybe you are the most suitable new boss for MGM," he said.

I don't want to be your boss, it's too expensive!

And you are too sophisticated, and you will raise the price too much.

Before reaching an agreement with Sony, MGM almost reached an acquisition agreement with Time Warner for a price of US$4.6 billion, but just a few minutes before the meeting, Sony put out a new offer and let Time Warner choose drop out.

Such a wonderful plot like in a movie, if there are no small actions behind it, it would be strange! And the main messenger of those small actions can only be the old gentleman who looks very gentleman and is a little pedantic.

"The reason why MGM has not performed well in recent years is because in this era of media conglomerate, MGM does not have any cable channels, TV networks or broadband networks, and there is no media group to back up, so it is everywhere," he Go on.

His analysis is obviously correct.

"But now you have Netflix, you have YouTube, you have so many users, and you are already a high-tech media group, so I think that if MGM is sold to you, it will be the best result, you know, Sony only values ​​our movie library, and they even close the production department."

What he said is completely different from what a man who bought and sold MGM several times, as if he was particularly concerned about the development of MGM.

"We are a latecomer after all, with limited strength," the shrewd old gentleman praised himself too high, and Feng Yiping retracted protectively.

You said that your company has signed a sale agreement and that I am the most suitable buyer. What's the point of this?

Even if I am, I can buy it even if I want to buy it. I believe that you will not only not make a penny cheaper, but you might even raise the price.

"I probably know your plan," Kecorian said, looking at Feng Yiping.

"Oh, is it?" He noticed that Feng Yiping didn't have too much emotional fluctuations, and he didn't panic after being seen through.

"So I think MGM is a perfect match for you,"

"Sorry, shouldn't MGM be owned by Sony soon?" Feng Yiping said this directly.

Although the relevant agencies have not yet approved it, you and Sony have both signed an agreement and received so much money in advance. Is it possible to go back now?

“Before the sale, I owned 75% of MGM’s shares. According to the agreement, after acquiring a large part of MGM’s shares, I still hold a lot of MGM shares. If you need them, I’m happy to transfer them to you.” Kecorian finally revealed his purpose of looking for Feng Yiping.

"If you become a member of MGM's board of directors, when Sony disposes of related assets and departments ~www.wuxiaspot.com~ such as the production department, you will naturally have advantages that other people can't have. Isn't that great?"

There seems to be a little truth.

Feng Yiping put his hand in his coat pocket, walked a few steps on the snow, then suddenly stopped and asked Kecorian, who was standing there looking at him intently, "Mr. Kecorian, you Are there any new moves?"

"Huh?" Kecorian was taken aback, followed by a little panic, "No, no, I'm watching you buy Netflix and launch YouTube again. After seeing your plan, I think MGM shares should be Is what you need,"

Although it has long been known that Feng Yiping is not an ordinary person, Kecorian is still very surprised at this time. How can he think so far?

After being seen through, it was still chaotic. He didn't see it on Feng Yiping's face, but Feng Yiping saw it on his face.

Therefore, Feng Yiping did not continue to ask questions, but at this time he was sure that the reason why the old man wanted to sell the remaining MGM shares must be preparing funds for his next project.

"Thank you very much for thinking about me. It's just Mr. Kecorian. I am not very interested in becoming a minority shareholder of MGM."

He said this as if he was interested in spending money to become a major shareholder of MGM.

"Thank you very much for your wise views, and hope that we will have opportunities for cooperation in other fields in the future."

Kecorian probably didn't expect this effect, and he was sure Feng Yiping should be very interested in MGM, but now it seems that he guessed wrong?

"I also look forward to our future cooperation," he said.

"So I'm sorry," Feng Yiping hurriedly walked into the restaurant. Kecorian's proposal reminded him of another thing. (Rebirth 92: Business Tycoon Mobile Reading)