Chapter 973： Buy it or not (on)

"Acquisition of Warner Bros. Pictures?" Guo Tailai was stunned. He had just listened to it as a pleasure. The more unlucky Time Warner, the more happy Guo Tailai. Now when Annie suddenly mentioned the acquisition, Guo Tailai was a little confused: "How high is the market value of Time Warner?"

"Time Warner's current market value is only about US $ 50 billion under various losses." Annie replied very excitedly.

"Only fifty billion dollars?" Listening to Annie's answer, Guo Tailai didn't know how to describe his mood: "What makes you think that fifty billion dollars can be described by the word" only "?"

Annie was absolutely gone, for no other reason. Only 50 billion yuan is still in US dollars, but she can tell the difference.

"A few years ago, when AOL acquired Time Warner, it cost $ 181 billion," Annie explained slowly.

Such an explanation is immediately easy to understand. Time Warner's market value has dropped too much, not even the fractions of the year. Without Guo Tailai and countless people suppressing and developing normally, Time Warner ’s market value this year should be about 7.7 billion, but now it is only 50 billion, which is a difference of 2.7 billion US dollars. From this perspective, use "Only" is not an overstatement.

"What about the valuation of our artisan entertainment?" After sighing, Guo Tailai asked about the value of his company.

"At least 1.5 billion US dollars." Annie said proudly.

At that time, Guo Tailai purchased artisan entertainment for only more than 200 million yuan. In a few years, he created a "Shenxing" universe series. He also held the copyright of "Terminator" and the "Avatar" in production. It is said that This is another series. The external valuation of 1.5 billion is still a cautious statement.

Anyway, Guo Tailai knew that as soon as "Avatar" was released, there was no one before the box office at $ 2.8 billion worldwide. This valuation does not seem particularly outrageous, and may even be a little underestimated. But isn't "Avatar" not released now, and others don't know that the box office can set a record?

However, from 200 million US dollars to 1.5 billion US dollars, it took only a few years, and the market value has doubled seven times, which is enough to illustrate Anne's excellence.

"A small company of 1.5 billion US dollars to buy a media group of 50 billion US dollars?" Guo Tailai looked at Annie with a wry smile again: "Did you say it wrong or did I hear it wrong?"

"Boss, it's a rare opportunity!" Of course it was not wrong or wrong. Anne understood Guo Tailai's meaning, but still reminded very seriously: "I failed to catch up with MGM's auction last time, but this time it was Warner Bros. Ah! Not the mess of MGM. "

"Where can I find $ 50 billion to buy?" Guo Tailai almost wanted to reach out to Annie directly for money: "The purchase can't be a premium? Isn't that enough to raise $ 60 billion?"

"The boss is buying Warner Bros. Entertainment, a subsidiary of Time Warner, not Time Warner, the parent company." At this time, Annie realized that she hadn't said too clearly, and Guo Tailai misunderstood and quickly explained.

"I thought it was Time Warner, and the parent company I always thought it was AOL." Guo Tailai suddenly realized that this came to me, he was oolong. Warner is in both English and Guo Tailai thought it was a company.

"AOL is now a division of Time Warner Group." Lin Jiayi added a sentence beside them: "They lost more than 90 billion yuan in 2004."

"Admire!" Guo Tailai also had to admire, they lost more than the richest man in the world, no admiration.

Even if the Warner brothers rot again, it will be much better than MGM. Now that MGM is supported by a 007 series, can there be any more popular films? But Time Warner is different. It owns Harry Potter and owns half of the shares of DC Comics, Batman series, Superman series, Matrix series and so on. If it is not suppressed by the United, Warner Bros. will be the strongest of the Seventh Hollywood in the next two years.

Now, this Warner Bros., who owes a share of artisan entertainment and has n’t yet tried to merge or acquire, has completely reduced to the penultimate position, only a little bit worse than the poor MGM who has just been tossed and auctioned several times.

"Isn't Warner Bros cheap?" Guo Tailai, although he understood it, still hesitated. Now it is time to mobilize a lot of money to stir up the wind and rain in the subprime mortgage market. Where can I get more money? To buy Warner Bros.?

"At least eight billion US dollars." Annie smiled a little embarrassed this time, and said the answer: "There will definitely be competition, so there will be a premium. It is estimated that it will be 10 to 12 billion US dollars. may."

Guo Tai looked at Lin Jiayi and Mi Feifei, and the two women frowned at the moment. Recently, Lin Jiayi ’s focus was still on the subprime mortgage crisis, and he did not pay attention to the dynamics on the Hollywood side. Suddenly, such a mess of things came out, and the two women were caught off guard.

"Is there any detailed information?" Lin Jiayi asked Annie: "Give me some detailed information and evaluation report."

The acquisition of tens of billions of dollars can never be determined by just reporting a sentence to boss Guo Tailai. It must require a detailed evaluation report and various analytical judgments. Of course, Anne understands this and answers quickly with a smile. : "Of course, I will send it to your mailbox immediately."

Annie's phone just let the boss know about it, and did not expect the boss to make a decision on the phone, so she quickly hung up.

Time Warner, which has acquired more than 180 billion U.S. dollars, now has an overall market value of only 50 billion U.S. dollars, which is incredible. In seven years, an average of more than 50 million US dollars a day, hiring a group of people to throw money every day is estimated to be thrown so fast, right?

"Do you want to buy it?" Guo Tailai asked, turning to Lin Jiayi and Mi Feifei. To be honest, Guo Tailai bought artisan entertainment only to give Chu Fei a place to develop in Hollywood. Now that Chu Fei is well established, there is also the second largest theater line in North America, AMC, and Marvel Entertainment. Is it really necessary to buy Warner Bros.?

"Look if you like it." Lin Jiayi said indifferently: "Buy if you want, or don't if you don't want to buy."

"Can we still withdraw so much cash?" Guo Tailai asked with some doubt. If this affects the layout of the subprime mortgage crisis, Guo Tailai would rather not consider it.

"At the moment, only domestic funds are used. In order to prevent insurance from bursting, Google, Apple, Amazon, Microsoft shares have not been touched, and they can always borrow enough loans to acquire them." Lin Jiayi smiled confidently: "In addition, it can also be leveraged. After the completion of the acquisition, Warner Bros. can be used as a collateral. The acquisition of large companies with small funds is not inoperable."