Top of the big era
Chapter 2744 Youth without regrets
Tinghua Entertainment is a financial company engaged in the entertainment industry. Its main purpose is to select some high-quality American drama projects for investment. It requires both investment and selection.
If you want to make good investments, you have to understand finance; if you want to pick out good projects, you have to understand TV dramas.
Ann Sarnoff was almost the perfect choice.
Her resume is so rich, from the women's NBA, to MTV, to Wall Street's Dow Jones News Agency, and then assistant to the chairman and vice president of Ziweixing Global, and president of Lucasfilm...
With her here, all investors will feel at ease.
Next, business promotion and negotiation will be easy. Zhou Buqi first made a statement on the overall framework.
First, I do not own management shares.
Second, the management team does not take management shares, but it must receive 10% of the income as dividends.
Third, there is no level of capital. Everyone shares the shares in proportion to their capital contribution. You will not own more shares just because you are the sponsor.
The generous boss Zhou quickly won praise from all parties.
After sitting down and talking for ten minutes, we finalized the plan.
A total of US$800 million was invested.
Among them, Zhou Buqi invested US$200 million, accounting for 25% of the shares, and Black Rock Capital invested US$200 million, accounting for 25% of the shares. Wanda invested US$100 million, the Rockefellers invested US$100 million, SoftBank invested US$100 million, and MSI Global invested US$100 million, each holding 12.5% of the shares.
Each party sends a representative to serve as a director.
In addition, the company's chairman and president, Ann Sarnoff, naturally also has a board seat.
The funding of US$800 million may not be enough.
Black Rock Capital also promised to provide a 10-year low-interest debt of no more than US$1 billion at any time, and the debt interest will not exceed 7%.
However, this may not be enough.
If there is a shortage of money in the future, we will further launch plans to expand shares and increase capital to operate more projects. After all, this is an emerging industry. Once it is done well, it can really financialize the TV drama industry, just like Hollywood movies, which is a major event that can industrialize the American TV drama industry.
There are certain risks.
It’s better to invest money slowly. There is no need to put it all in at once. If you do well and show improvement, you can follow up slowly.
The newly established Tinghua Entertainment's first big project has already been run by Boss Zhou, and has already been negotiated to cooperate with HBO!
Both parties will invest a total of US$1 billion to participate in the production of 16 American dramas (seasons) under HBO. Tinghua Entertainment will hold 40% of the shares and invest US$400 million.
Because the current Tinghua Entertainment is still an empty shell, in order to get started as soon as possible, Tinghua Entertainment invested another US$32 million to acquire the "First Night" studio in New York under Ziweixing Global, which is responsible for the distribution of TV series. 32 employees.
Next, Tinghua Entertainment will officially start work.
First go and sign a contract with HBO.
Then, it cooperated with AMC, another pay TV station in the United States that became popular due to the broadcast of "Breaking Bad", investing US$250 million to jointly create 5 American dramas and 2 variety shows.
Unlike the platter investment companies in Hollywood, Tinghua Entertainment requires a certain say in distribution rights, especially streaming media rights, which require a sharing model.
That is, Party A can distribute the streaming version of the TV series, and Party B can also distribute it.
After making money, everyone will share it according to the proportion.
If you want to authorize exclusive broadcasting, it must be mutually agreed upon by both parties.
This clause is the core positioning of Tinghua Entertainment and the reason why a super boss like Zhou Buqi would lead such a small project.
In the future, the American TV dramas that Tinghua Entertainment has invested in will develop in the future, and their business may spread to Europe, South Korea, Japan, and Australia. After all, their TV drama industries are very poor and short of money. These participating TV series will have the opportunity to be released on Netflix or Ziweixing Global’s own newly launched streaming media platform.
In the past few years, under the arrangement of Zhou Buqi, Jieyu Media, Ziweixing Global, and Netflix have all been aggressively purchasing film and television rights around the world.
Some bought the full rights, some bought part of the rights, and some just bought the streaming rights.
Anyway, the most important thing is the streaming rights.
With content, the streaming media industry, which will become popular in the future and will replace the TV station industry, has a foundation for development. It’s not enough to just have old movies from the past, but you also have to find ways to lock in the copyrights for new movies in the future!
This little-known Tinghua Entertainment carries such an important mission.
So even though Zhou Buqi only holds 25% of the company's shares now, as the company develops, especially after expanding its overseas business, Tinghua Entertainment will be in great need of money.
It requires constant borrowing and capital increase.
Other partners may not dare to rush in desperately, but Zhou Buqi will definitely not back down and will continue to invest money until the business of this model is up and running.
In this way, his personal holdings will increase.
If we really can’t run anymore in the future, we can’t make ends meet, and we need continuous external blood supply... that’s okay, just let Ziweixing Global acquire Tinghua Entertainment.
After the acquisition of Ziweixing Global, it can use the money earned from other businesses to subsidize it. Copyright is of strategic significance and should not be measured by more money or less.
…
Seeing that the date of Ziweixing going on the market is getting closer.
Those people in the country cannot sit still.
For example, the friends of the "Ten School Entrepreneurship Alliance".
Ziweixing is the first serious entrepreneurial project jointly founded by everyone!
At the beginning, Ziweixing had no money, what should we do?
It was Xue Baoshan who sold milk tea, Zhen Yu who posted restaurant advertisements, Meng Houkun who opened a chain of canteens in the campus dormitory, and Chen Dong who sold pirated books... all of whom were saved penny by penny, and this allowed Ziweixing to succeed. With the funds to recruit employees, purchase office equipment, purchase computers and servers.
Looking back on those days, I was really young and had no regrets.
Now, Ziweixing is about to be launched!
The estimated market value is likely to reach US$150 billion!
The past events are still vivid in my mind, and they are really exciting and unforgettable. On the day of the IPO, they will undoubtedly be there to feel the moment of release when the bell rings.
Zhou Buqi has already made arrangements for Pei Yao to charter a large passenger plane and call on all the veterans of Ziweixing's entrepreneurial stage. Even people like Wang Haoyang and Wang Haiyang have left Ziweixing. Notice to be given.
At the same time, Xu Baihui also made arrangements.
That night, Zhou Buqi attended another AIDS-related charity dinner and donated US$1 million. On the eve of Ziweixing's listing, he remained active in New York's upper class society.
After coming back, I changed my clothes and went to the study. I received a call from Xu Baihui, "Boss Zhou, when will I go to the United States?"
Zhou Buqi smiled and said: "Let's go a little earlier. Come this weekend. Call all the friends from the Ten School Entrepreneurship Alliance and ask Chen Dong to come too... Let's get together first."
Xu Baihui said "Oh", "Then I'll go ahead of time instead of going with them."
Zhou Buqi said amusedly: "What's going on? You still don't get along?"
Xu Baihui said: "I will take a few girls there, it will be inconvenient for them to follow."
"Who is it?" Zhou Buqi didn't care yet, "Who is your friend?"
Xu Baihui snorted, "Idiot!"
Zhou Buqi then came back to his senses and said tentatively: "What are you doing? Are you here to be my monthly wife again? I can tell you that I have never touched your sister. She is a woman from a good family. Without her permission, I But I didn’t touch her, it was purely work-related, and the relationship was very innocent.”
Xu Baihui said nonchalantly: "My sister is already married and is no longer a girl. It doesn't matter. I'm talking about a girl."
"Um?"
Zhou Buqi heard what she meant.
Xu Baihui smiled and said, "I'll take a few girls over."
Zhou Buqi said: "Don't make trouble."
Xu Baihui said strangely: "The listing of Ziweixing is a big event. For such a big event, you... don't you want to get a good start? It must be a good start on the first day of listing!"
Zhou Buqi coughed and said sternly, "It's a good thing that you have a higher education and still believe in these things."
Xu Baihui said in a joking tone: "For such a big thing, I would rather believe that it is true than believe that it is not true. I would rather kill a thousand by mistake than let one go..."
"You can get over it soon... Ah, Sister Yuting, it's okay, you're not busy. This is Baihui, come here."
When Zhou Buqi saw Xu Yuting coming to the door of the study, he was a little embarrassed and didn't know whether he should come in, so he waved to her.
Xu Baihui said: "My sister?"
"Um."
"What do I want from you?"
"Just work."
"How are you taking care of yourself? Is it effective?"
Xu Baihui became concerned about his body again.
Zhou Buqi said: "It's okay. The effect is a little bit better. It's definitely better than milk or something. I'm lactose intolerant and can't drink real milk."
Xu Baihui said with a smile: Then you can drink goat milk or camel milk?
Zhou Buqi said angrily: "I don't have time to talk nonsense with you. Your sister is here. We have to work, so I won't talk to you anymore."
Xu Baihui said quickly: "Didn't I do that "Produce 101" talent show for girls in China? It was successful. Now that the semi-finals are over, I'm just waiting for the finals at the end of the month. The finals , will make the final choice and decide which girls can join the group. Yang Mi’s studio has signed a few good seedlings. I will bring them over and you can help take a look at them? Yang Mi is pregnant. Please hand over the studio to Give it to me, or I won’t care!”
Zhou Buqi said: "Then bring him over and let me see how the conditions are. After so many years, I still have a good eye for people."
Xu Baihui chuckled and said, "Okay, then you can work with my sister. Well... you can open it and let me have a word with my sister."
Zhou Buqi turned on the external voice.
Xu Baihui said loudly: "Sister, let me tell you, God knows and the earth knows that you know and I know, no outsider knows about a good family and a bad family! My best friend is not an ordinary person. I will regret it for the rest of my life if I miss it. No! Youth has no regrets!"
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