After February 22, it is impossible to say that the news about Simon's 30th birthday has nothing to say on various media platforms.
However, some people expect that Simon westero's 30th birthday will trigger a news boom, which will make the media and the public focus on the super rich's huge personal wealth again, and even whether it should be restricted. All kinds of public opinion tendencies have not happened at all.
Most of the ordinary people's impression, basically only a few scattered ideas.
Oh, Simon westero is 30 years old.
Then go on with your life.
A few people who can see the essence through the phenomenon feel that the westero system is more and more powerful in controlling public opinion. You know, when Simon westrow was 20 years old, the whole world was noisy. At that time, he was just a newly rising film and television tycoon in Hollywood, or, plus the huge amount of primitive accumulation completed by the 87 stock market crash.
It's not the same as now.
In any case, Simon has too much personal wealth. The hidden power represented by this wealth has reached the level of easily controlling a country. This is the consensus of many people, and all parties have more or less experienced the threat.
But unless there is a dramatic social change in the United States, it is almost impossible to destroy the westero system. However, if there is such a change, the westrow system can not avoid it. Besides, can other federal capitals stay out of it?
In fact, there is another way, the more extreme one.
However, the question is, who dares to take the lead in planning an action against Simon westero?
When Kennedy was assassinated, in order to avoid retaliation, the Kennedy family suffered from decades of "Curse", just to prevent this political family from returning to the political arena. The crux of this matter is that the Kennedy family left the White House and Washington, and lost their fundamental power, so they were unable to revenge.
For the Westeros, if Simon westero suffered the same incident, the family's power and wealth would not disappear out of thin air.
Simon westlow is a lunatic.
This is proved by the bombing of a manor in Pittsburgh, Pennsylvania, the disappearance of the Mafia family in Italy overnight, or the war in Rwanda. Therefore, not to mention whether extreme means can succeed, even if they succeed, who can guarantee that under certain circumstances, in order to avenge Simon Westeros, there will not be a second madman in the Westeros family?
In the final analysis, Simon's rise is so fast that many people have the idea of suppression. Before they have time to implement it, they have been far away.
On Simon's side, after his 30th birthday, no matter how many people outside the world think, his life has not changed much. In the next few days, he took time to meet with some important guests from all over the world to attend his birthday party and discuss various topics.
So it comes to February 27, Friday.
Finally, an important news related to the westero system publicly announced that Denise entertainment and Philips of the Netherlands have formally reached an agreement to acquire Philips's record giant, polychrome, in the mode of stock plus stock exchange. The transaction price of the two sides is US $9.5 billion, with half of the stock and half of the cash. Taking into account the total debt of polychrome, the total debt of polychrome is US $1.2 billion, The total size of the deal was $10.7 billion.
On the day of news release, the market value of Polaroid's shares in Europe rose 6% on a single day, closing at US $9.26 billion.
As for danielis entertainment group, it is common sense that when a large acquisition occurs, the share price of the party who initiated the acquisition will inevitably fall. However, on the one hand, it is due to the size of the acquisition, and on the other hand, it is also accompanied by a series of major positive events, such as last year's "anti terrorist elite ol" to Christmas's "Titanic" and the recent "witch Blair", In particular, the explosion of the game "anti terrorist elite ol" let the market see the growth potential of the media giant beyond its core film and television business. For several months in a row, the share price of danielis entertainment has been in a state of continuous rise.
On Friday, Denise Entertainment's share price rose 2.1%, and its closing market value reached $371.5 billion. Compared with the market value of about $310 billion when Forbes compiled the new year's rich list in October last year, its share price rose nearly 20% in more than four months, still firmly leading the new York Stock Exchange.
In addition to the two companies involved, it was also reported that British EMI records was negotiating with danielis entertainment. Due to the announcement of the news, its share price plummeted by 11% in one day, so that an executive of EMI records threatened to sue danielis entertainment on his Facebook page.
It's a pity that when asked by the reporter, he couldn't give a proper reason.
At the same time, many enterprises choose multiple potential acquisition targets to negotiate, so as to avoid one side sitting on the ground to start the price. This is a strategy that many enterprises will adopt when they initiate mergers and acquisitions. It's because it's not clear that Simon's fundamental goal is only Polaroid. In many people's eyes, it's just that EMI records has been holding on and refusing to reach an agreement as soon as possible, thus missing the good opportunity.
The whole recording industry is in a rapid decline. It missed this excellent opportunity to integrate into danielis entertainment. The collapse of EMI on February 27 will only be the beginning. Because of this failure, some major shareholders of EMI express strong dissatisfaction with the management, and then internal turmoil is likely to occur, which just gives danilisi entertainment the opportunity to find some famous singers of EMI.
Malibu.
Danielis studios, the meeting on the acquisition lasted for two hours. Nancy Brill, who is in charge of the acquisition negotiation, gave Simon a detailed report on the various details of the preliminary agreement. We also discussed some matters that should be reviewed by the authorities next, and even the formal merger plan for a longer time.
At the end of the meeting, danielis records CEO Richard Palmes and other senior executives left. Simon called Amy and Nancy and said another thing: "about blockbuster, because the recovery of the Internet industry is much earlier than I expected, we need to take this company ahead of time, at least to realize absolute shareholding."
At the beginning, viviacomb realized the control of blockbuster video chain, and Simon began to strongly promote the reform. Over the years, blockbuster has been constantly innovating its business model, especially the launch of blockbuster online. With the Internet concept, this video rental chain giant once had a market value of nearly $40 billion at the peak of the new technology wave last year.
However, it seems that success is "online" and failure is "online".
In order to promote the online business, in the past two years, blockbuster has completely stripped off the previous franchise store model, leaving only self operated stores that can smoothly cooperate with the online business. Moreover, the scale of self operated stores is constantly shrinking. Compared with the scale of more than 5000 chain stores around the world at its peak, blockbuster currently has less than 3000 stores, half of which are local and half of which are overseas.
At present, it is still the golden age of video and DVD rental business. Blockbuster has actively cut down 40% of its stores and abandoned the franchise mode, which is almost equivalent to giving away a large number of entity rental business.
On the other hand, although the mixed online business of blockbuster has accounted for 38% of the total revenue, compared with the peak in 1995, the total revenue of blockbuster has not increased significantly in 1997, but has shrunk by more than 10%. Even the profit has continued to decrease due to the large investment in Online business.
At the height of the new technology bubble, this is not what it is. With the bubble burst, Baida's share price has been dive down.
During this period, even if the NASDAQ starts to recover, blockbuster's market value in the near future is only about US $14 billion, which is 65% lower than the peak of US $40 billion.
Simon had expected the market value of blockbuster to fall to less than 10 billion US dollars before he started. Now it seems that he should take it as soon as possible to avoid accidents.
When Amy heard Simon mention this, she immediately thought of the plan she had talked about: "Simon, it's true that the Internet industry has started to recover recently, but all aspects are generally not optimistic about blockbuster. Didn't you say that we can wait?"
Nancy nodded slightly in agreement.
Because she is directly responsible for this part of the business, she is more aware of the negative attitude of blockbuster's internal shareholders and external capital markets towards the company than other senior executives of danielis.
Nearly a year after the break of the new technology bubble, some shareholders and some core executives of blockbuster have been hoping that the video rental giant can reverse its operation strategy, return to tradition and increase the layout of physical stores again.
Unfortunately, we have not been able to achieve our wish.
As a result, blockbuster's share price fell more than many other new technology companies.
Simon shook his head: "there is no need to wait any longer. Blockbuster is related to a series of important layouts in our future, which I have told you more than once. You should work out a plan as soon as possible, set up a team immediately, first absorb the shares of blockbuster from the open market, and at the same time start negotiations with other shareholders of blockbuster to start the overall acquisition. "
Nancy is still hesitant: "if other capital makes an acquisition of blockbuster, it can win within the 15% premium at present. If we make an offer, the premium will hardly be less than 20%, and the estimated expenditure may exceed 17 billion US dollars. Simon, frankly speaking, I don't think blockbuster is worth so much at least at this stage. Is $15 billion the limit? "
Simon said: "try to talk about stock exchange, this time the proportion of cash should not exceed 30%."
According to the estimated transaction price of $17 billion, 30% cash payment, minus the shares held by Denise Entertainment's family, the final cash expenditure is only about $3.5 billion.
Amy said at this time: "Simon, our insistence on the online operation strategy has been criticized by many shareholders. The share price of danielis is obviously on the high side in the eyes of many people. They will definitely want more cash. I'm afraid 30% is not easy to talk about."
In theory, the stock obtained through stock exchange is equivalent to cash, and it seems that there is still so much cash after cash out.
Not really.
In order to avoid the impact of large-scale selling on the stock price immediately, lock-in period is usually attached to the stock acquired by stock exchange merger.
The current market value of danilisi entertainment is more than $370 billion. Even compared with the market value of $569.1 billion at its peak last year, danilisi entertainment has a cumulative decline of 35%. The price earnings ratio of about 70 times is still too high. In case of the completion of the transaction, Denise Entertainment's share price will continue to fall, which naturally means that the market value of the stock will shrink and the loss will be in vain.
Simon is not worried about this: "the problem now is that most of the other shareholders of blockbuster are not optimistic about our strategy, so they are the party who want to exit. Moreover, those people should understand that it is more cost-effective to package and sell the shares to us than to hold them in their own hands or sell them to other capitals. In short, we set our own price."
Seeing that Simon had made up her mind, Nancy said, "in that case, I'll try to make blockbuster's financial report for the next quarter look a little worse."
The control of blockbuster is still in the hands of Denise entertainment. It's not easy to be a good company, but there are too many ways to screw it up.
Blockbuster is related to Simon's long-term layout for at least the next 20 years, but the short-term ups and downs are irrelevant, and there is no objection to Nancy's proposal.
"Simon, I remember you also said that if you can't eat it completely, you can take the absolute control of blockbuster. In this way, we will pay much less?"
"It's also a choice," Simon said. "But if possible, try not to. Even if we have absolute control, if we continue to forcibly recommend our own operation strategy, we will still be continuously criticized by other shareholders, and it is definitely the best to win all of them. "
Danielis Entertainment Group is very large, coupled with Simon's long established prestige and high proportion of shareholding in the company, even if it has been listed, Simon's words are still here.
Blockbuster is different.
Simon doesn't want to carry out his own online leasing or even future streaming media plan step by step, with a group of chattering minority shareholders hanging behind him.
After discussing some details, Amy left the meeting room first, leaving only Simon and Nancy.
Feeling the change of the man's eyes, the little female executive slightly lowered her eyes and pretended to collect the information in front of her. She said: "the box office of Titanic has been so high in the past week. It seems that there are at least 600 million US dollars in China?"
"Home is next, overseas is the big one," Simon replied, and then changed the topic. "How about flying to Mexico after work? I'll spend the weekend together at my estate in St. Lucas?"
Nancy glanced at someone: "just the two of us?"
"It's up to you."
"I..." Nancy didn't pretend to be coquettish. She thought about her little appetite a little and said, "I'll be back tomorrow for one night."
If she does spend a weekend with a certain animal, Nancy thinks she has a good chance of breaking down.
Simon, of course, is not reluctant: "good."
Nancy thought of something and said, "then you can fool around the rest of the time."
"You can stay and make sure that no one else shows up to disturb us."
Nancy rubbed a ball of paper and threw it. Her tone was a bit of unconscious coquetry: "bad guy, you want to murder, I don't want to commit suicide."