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New York.

Su Wei came to New York this time to find Morgan Bank to help him acquire a Hollywood company.

So after explaining the matter to them, he went to play alone.

After all, he doesn't understand anything about acquisitions.

If you get involved, it might even be a disservice.

As for Zhang Ruoyu and Lu Lingyue, they are of course on the front line of the acquisition.

After Morgan Bank completed its investigation of the three companies, the first person it contacted was MGM's major creditor Kevin Wuerl.

He is the CEO of the Anchorage hedge fund and the person who owns the largest share of MGM.

They planned to acquire MGM back then, but they were actually deceived by Sony.

It was promised that they would make a lot of money by acquiring MGM, but in the end, all the hedge funds got involved.

When Sony acquired MGM, it was actually because it was covetous of MGM's library of more than 4,000 films.

At that time, Blu-ray DVD supported by Sony was competing with HD-DVD supported by Toshiba and Microsoft.

Time Warner's film library at the time had 6,500 movies, which was the largest in the world at the time.

But the world's first film library supports Toshiba and Microsoft.

Sony had no choice but to join forces with several hedge funds to acquire MGM.

Columbia Pictures, a subsidiary of Sony, originally had 3,500 movies.

After adding MGM's 4,100, its number of movies directly reaches an astonishing 7,600.

In one breath, it surpassed Time Warner, which has 6,500 movies, and became the world's number one.

Helped Sony's Blu-ray DB win over Toshiba and Microsoft's HD, becoming the mainstream Blu-ray in the DVD market.

I just didn't expect that in 2008, the emergence of online downloads and digital formats would cause the DVD market to collapse.

Seeing this situation, Sony immediately gave up its 20% stake in MGM, cleared it, and left.

Although he lost the hundreds of millions of dollars he invested, he did not have to bear more than one billion in debt.

The hedge funds on Wall Street are left to roll back and forth in MGM's debt.

"Barber, what do you think about the acquisition?" Kevin Ulrich quickly contacted Gary Barber after sending Lu Lingyue and the others away.

After all, although he is now the largest shareholder of MGM, Gary Barber has always been in charge of MGM's operations.

Of course he hopes that MGM can be successfully sold.

But it's useless for him to speak alone. After all, MGM is now controlled by a dozen hedge funds.

At least more than half of the shareholders must be convinced to successfully sell MGM.

But if you can convince Gary Barber, then it will be easy to convince other shareholders.

After all, Gary Barber controls MGM. Only if he feels that MGM cannot be sold, others will give up their illusions.

"If someone can take over MGM, then of course I'd love it. After all, it's a good thing for us. But the price they offered is a bit unacceptable to me." Lu Lingyue's first offer was 60

billion dollars.

It includes 4.4 billion in book wealth and 1.6 billion in debt.

When MGM and Telescope Entertainment were reorganized in 2010, all 4 billion in debt had been converted into shares.

This is why MGM has so many hedge fund shareholders.

After 8 years, 1.6 billion in new debt has now been added.

Barber was dissatisfied with Lu Lingyue's 6 billion offer because he held a 5% stake.

If 6 billion is so evenly divided, he won't even be able to get 300 million, because there is still a debt of 1.6 billion to be repaid.

"Do you have any impression of this White Crane Film Company? I have been in Hollywood for so many years, but I have never heard of this company?" Kevin's Anchorage hedge fund has 31% of the shares.

It was also the hedge fund that invested the most in 2005.

Back then, he had real money and spent US$500 million to enter the market.

Now if he sells MGM at a price of 6 billion, he can still get more than 1 billion.

Although many companies are now interested in MGM, most of them are only interested in the 007 IP.

Moreover, most of their companies intend to hire MGM for nothing.

Now here comes Baihe Media, but he doesn't even know the details of this company.

If he doesn't even know who his opponent is, how can he talk about acquisitions with him?

So this time Kevin came to Barbour, not only to persuade him to sell the company together, but also to find out who owned the company.

"Don't tell me, even I have never heard of this company." Barber's previous company was Telescope Entertainment.

This company was originally established to serve as the two major media groups in Europe.

The Kirch Group and Mediaset invested in the company for a five-year sales agreement with The Walt Disney Company.

After the contract between the company and Disney expired, it was owned by Cybernaut Asset Management.

This company may not seem famous, but it has produced many popular movies.

Such as Dangerous Daddy, G.I. Joe, Celestial Beings, and Star Trek.

Even he, who has been working hard in Hollywood for so many years, has never heard of the company Baihe Media.

"You haven't even heard of it? That's weird. Where did this company come from?" Kevin heard Barber say that he had never heard of this company either.

This made him feel very strange, because only large companies could acquire MGM.

After all, with a price of 6 billion, it is impossible for those people I have never heard of to have so much money.

But he was sure that the other party could come up with so much money because they were brought by Seymour's people.

With them here, there must be real rich people on the other side, there is no doubt about it.

But now he doesn't even know who the other party is, and he really doesn't know what to talk to them about.

If the price becomes higher, he is afraid that the other party will run away.

But if the price is going to be lower, he is afraid that he will regret it then.

Now his hedge fund is having a hard time, and he urgently needs a performance to boost his morale.

"I don't know, but we can check this company and then talk about it."

...

After the people from Morgan Bank visited MGM, they went directly to Paramount.

After all, among the people behind the three companies, only Lionsgate is based in Santa Monica, California.

The current heads of the other two companies are both in Manhattan, New York.

The person who acquired Paramount back then was the famous American Sumner Redstone.

He is also the only person in North American journalism who can compete with Murdoch.

"Boss, Morgan Bank is here this time on behalf of Baihe Media and wants to acquire Paramount Pictures." This time Seymour's people came but did not see the current chairman of Viacom.

The person who met them was just the head of Viacom's entertainment department.

After all, Viacom and Anchorage hedge funds are not on the same level.

Viacom's market capitalization is in the tens of billions.

As for the chairman of Viacom, the industry is not just Paramount and Viacom.

There are also shares in CBS, MTA, and Time Warner.

So how could such a big shot go to meet Lu Lingyue and the others?

"Another company wants to acquire Paramount. This is already the eighth one this year." The big boss of Viacom is no longer Sumner Redstone.

It was Sumner Redstone's daughter, Sally Redstone.

She already worked for Viacom in the 1990s.

But she was always suppressed by her father, and it was only after he became paralyzed that Sally finally took control of Viacom in 2016.

After Sally takes control of Viacom, she plans to integrate all entertainment resources.

"Yes, they may have been too late in the news, so they thought we were planning to sell Paramount." Paramount did want to sell, but it was only in 2016.

At Viacom that year, civil strife broke out in the Redstone family.

Although Sumner Redstone was paralyzed and unable to speak, he still wanted to hold on to power.

And Sally Redstone has been a puppet for several years and knows what kind of person her father is.

So while he was paralyzed, he took away his rights directly.

This is why in 2016, Wanda was able to negotiate an acquisition with Paramount.

But after 2017, basically no one mentioned it.

It's just that not everyone in Hollywood is so well-informed.

How could the staff of American White Crane Media know such secrets and make wrong judgments?

Of course, it’s not just Baihe Media, otherwise seven companies wouldn’t have made bids this year.

"Reject them directly and tell them that Paramount is not for sale." In Sally Redstone's heart, she has an entertainment empire that is crazier than her father.

Paramount is indispensable in this territory.

After all, the troika of Internet, TV, and movies is indispensable.

Unless Baihe Media can offer a high premium, it is impossible for Sally to sell Paramount.

Paramount’s current market value is around 12 billion.

If the price exceeds 15 billion, it can actually be negotiated. After all, if there is anything that is not for sale, the price is just not right.

“Good boss”

...

While Su Wei was making moves at Morgan Bank, he was not idle in New York either.

After all, there are many parties that a rich man like him wants to invite him to.

Although he himself doesn't throw many parties, not everyone is like him.

Lucas, who was in New York this time, knew that Su Wei was in New York and invited him to attend his party.

If it was someone else's party, of course Su Wei would have no interest in it.

But Lucas is Allen's friend, so he still has to give him this face.

This time, Lucas arranged the party inside the Empire State Building.

During the day, it looks like Central Park from here, and you can also see it through the gaps in the tall buildings.

"Su, you're here. I haven't seen you for a while. Why have you changed? Did you go hunting in Africa? You should have called me." The first time Lucas saw Su Wei, he noticed that he had become so dark now.

.

But since he is in the United States, he certainly knows that he cannot talk about turning black.

So he could only express tactfully whether he went hunting in Africa.

Because he remembered that Su Wei liked hunting very much and spent hundreds of millions to buy a manor for hunting.

"I have recently become obsessed with golf. If I go hunting in Africa, I will definitely not forget you." Su Wei has been in Los Angeles for such a long time, and of course he knows a lot that he cannot say.

For example, you cannot say that a person is black because this is considered racial discrimination.

Of course, in private, it's okay to say these things, but this is a party now.

Su Wei passed through the open door and saw that there were black people inside.

"You also like to play golf? If I'm still in New York in a few days, I will definitely have a game with you." Golf has always been very popular in the United States.

In aristocratic circles, let alone that.

Lucas didn't expect that Su Wei actually liked playing golf.

Thinking about how dark he has been recently, I guessed that he must have been playing golf a lot recently.

"No problem. If you want to go, just call me. I'll see you later." Su Wei saw many people coming in from behind, so he stopped chatting with Lucas at the door.

After saying hello to him, he went in alone.

Zhang Ruoyu and Lu Lingyue were sent to acquire them, and now there are no women around him.

So this time he came alone.

"Hi Sue, we meet again." Victoria Garrity came to New York this time and was brought to this party by her friends.

She just felt too stuffy in the room. When she entered the hall, she saw a very familiar person in front of her.

Seeing him getting a drink, she went over and got a drink too.

After getting closer, she realized that this person was really the Su Wei she had met.

"Victoria? What a coincidence, we meet again." Su Wei didn't expect that he would actually meet Victoria Garrity in New York.

Although Su Wei left a phone number with her last time, he never made this call once.

After all, he is very arrogant and would not do anything like licking a dog to death.

"Yes, did you come alone today?" Victoria Garrity was very curious about Su Wei.

Because last time she soiled Su Wei's expensive clothes, he didn't want her to pay compensation as long as she and he exchanged phone numbers.

At that time, she thought that Su Wei would definitely call her often.

After all, she knows a lot about men's thoughts.

But he had her phone number for several months, but he didn't even make a single call.

"Yes, this time I came to New York to discuss business. Where is your agent?" Su Wei saw Victoria and thought of her agent.

After all, if she hadn't been there last time, his relationship with her would definitely not have remained superficial.

Now that he saw no one around her, his heart was a little anxious.

"She didn't come over today, I came over with my friend." Seeing Su Wei's look, Victoria knew that he must be very annoyed with her agent.

She saw his expression looking around and it was so cute.

Victoria also has a love-hate relationship with her agent.

I love her because her business ability is beyond words, which allowed her to get to where she is today step by step.

To say she hates her is a bit serious, but she has ruined her love more than once.

"Victoria, why are you here? I've been looking for you for a long time." Zoleen Brown was Victoria's friend. She just found out that she was missing and came out to look for her.

After searching around, I found that her good friend was actually chatting with a strange man.

Taking a closer look, she discovered that she actually knew this man.

Although several months had passed and he had become a lot darker, she was sure it was him.

"Zo Lin, this is Su, he is a friend I met in Los Angeles, and he is here on a business trip to New York.

Sue, this is Zorine, she is my friend, she is the one who brought me to today’s party.” Victoria will come to New York this time, and she will come with Zorine.

Although she is a supermodel, following Zoline's trip allowed her to truly see what the upper class is like.

It's not like before, it's just a superficial understanding of upper class society.

It's the kind of real contact with the upper class society that can be touched.

"Hi Sue, we meet again"