Global Monopoly of Technology

At the subsequent press conference, regarding the acquisition of 21st Century Fox, a Bluestar Technology spokesperson revealed that the company is still waiting for regulatory approval from a few countries, but declined to reveal which countries.

Judging from what has been disclosed, the EU's approval is particularly striking because there are no conditions attached.

Compared with Bluestar Technology’s surprisingly smooth operation, Disney has gone through a long period of quotation, negotiation, bidding, price increase and regulatory review in more than a dozen countries for the acquisition of 21st Century Fox in the past year or two. .

The alliance has also approved, but it is conditional. Disney needs to commit to divest the company's interests in factual TV channels in the European Economic Area, including History and Lifetime channels, so as to avoid Disney's acquisition of Twenty-First Century Fox's assets later hamper competition.

However, the unconditional approval of Bluestar Technology is a green light.

Twenty-First Century Fox is a North American company. The reason why it needs the approval of the regulatory agencies in other countries is that there is a lot of business in other people's markets, and mergers and acquisitions may lead to monopoly in the local market. Different markets have different degrees of risk leading to potential monopoly, and naturally the approval conditions given by overseas regulatory agencies are also different.

If the regulatory authorities in the local market do not approve, the forced merger will lose the local market, which will inevitably bring resistance to mergers and acquisitions.

However, anyone with a discerning eye can see that Auzhou people made a PY transaction and said that they have unconditionally approved it. That is also in the film and television sector without any conditions, because the conditions are in other sectors.

The forefoot Cote d'Azur and Bluestar Technology smashed more than 20 billion euros, and the heels announced unconditional approval, and did not perform for a while. This is obviously an indirect response to North America's dissatisfaction and should understand the baby, let you I will repair the energy pipeline and let you buy and sell strongly, and I will be on good terms with your nemesis, better than before...

When global investors saw Luo Sheng's exit, a group of capital soon followed. Although they knew that this was a PY transaction on both sides, whether the European economy could get better is still open to debate, but the money had to find a place to lie down all the time. , Now that Luo Sheng has the bottom line, if he hesitates, he will lie down.

...

The next day, video conference.

"The League has been approved unconditionally, and several other major box-office markets have also been approved. Now the last major obstacle in North America is North America. The transaction to acquire the entertainment assets of 21st Century Fox has been officially submitted to the North American judicial system yesterday. Department." Zhang Bowen is reporting to Luo Sheng the recent work progress on this major merger.

Luo Sheng nodded in satisfaction and said, "Well, the potential external instability factors have been settled in a flash, and then we will go all out to launch a general attack on this last obstacle."

Zhang Bowen continued: "There was still a little accident, news came from North America, and Comcast Telecom, the parent company of Universal Pictures, also joined the merger to disrupt the situation, and gave an offer of 85 billion US dollars, which is more than The price we gave is a lot higher than that.”

Hearing this news, Luo Sheng couldn't help cursing: "Ma De, this is obviously raising the price on the ground, intentionally raising the cost... and Murdoch is also a match."

Zhang Bowen nodded and said, "Yes, no matter from any point of view, it is impossible for Comcast Telecom to really buy Fox."

At\u0026amp;t's acquisition of Time Warner was officially approved that year.

It directly led to the soaring of media stock prices, and the overall value of Twenty-First Century Fox has also risen. In the past two days, the stock price has soared by about 12%, and the total market value has climbed to 28 billion US dollars.

Luo Sheng pondered for a moment, and said neatly: "Our bottom line is 100 billion US dollars. If we cross this line, we will give up the acquisition. The premium is too high. Murdoch talks about paying $55 billion in shares of Bluestar Pictures, and the rest of the assets can become debts of the parent company Bluestar Technology, but Murdoch must withdraw so that his son can get Bluestar One seat on the board of directors of the film industry, or both, but it cannot affect the parent company's right to speak to Bluestar Films."

Zhang Bowen said, "Then Disney..."

Luo Sheng said in a deep voice: "Disney is no longer the main player at this poker table, it's enough to have a war of words. If we can't afford it, it's even less likely that Disney will swallow it up, and the North American side will definitely block it in every possible way. Pass, but Murdoch is not stupid. He wants to sell at a high premium. We can give him a relatively high price and make him a major shareholder of Bluestar Pictures. As long as he gives up control, he will be indispensable in the entertainment industry in the future. One bite of meat."

"In the future, it is not impossible for Blue Star Pictures to be spun off and listed separately, but Murdoch wants to eat big meat and lie down and count money in the future. He must actively promote the success of this merger and acquisition. It should be promoted. This is in line with his interests. , is too greedy."

The acquisition of 21st Century Fox is considered a "M\u0026A of the Century" case, and the trouble is certain, but Luo Sheng didn't pay too much attention to it. Since the company's rise, debts and debts have been in a pot of porridge, and there have been many troubles, big and small.

Zhang Bowen nodded and replied, "Understood, I'll make arrangements after the meeting."

Luo Sheng added: "Let's prepare with both hands, we must give full play to our own advantages of streaming media channels. The popularity of "The Wandering Earth" has brought a good start to the company's biggest goal of occupying the commanding heights of cultural output. content."

At the end of the video conference, Luo Sheng went to the Riviera to inspect the production capacity of Dabai Robot, and the cultural industry layout of Bluestar Technology is also accelerating.

The global headquarters box office of "The Wandering Earth" has successfully exceeded 800 million US dollars, and temporarily won the top position in the box office in 2019. However, there are many blockbuster films released this year. Expedition", Disney's "Frozen 2" and the blockbuster finale "Avengers: Endgame" and other blockbusters are released.

However, it is not a big problem for "The Wandering Earth" to win the top ten box office movies in 2019. The most terrifying part is such an explosive performance. 90% of the box office contribution comes from the single market of the Greater China market.

The explosive performance of "The Wandering Earth" actually gave Bluestar a great say in the acquisition of 21st Century Fox, of course not the movie itself, but the box office appeal of the Greater China market, which was once again verified with "The Wandering Earth" .

The Greater China market is a huge box-office position that Hollywood's major movie giants cannot afford to lose. This is a bargaining chip.

In the following days, while Bluestar Technology actively promoted the acquisition of 21st Century Fox, on the other hand, Bluestar Pictures also actively promoted the content production plan.

As the first domestic sci-fi IP "Three-Body Problem" series, the film and televisionization was officially put on the agenda, and it became a top priority new project under Bluestar Pictures, and even the leaders of the Ministry of Culture attached great importance to this project.

Movies, TV dramas, and animation go hand in hand. If you have money, you dare to fight on multiple fronts.

Since "Three-Body Problem" won the Hugo Award, it has become a best-selling sci-fi masterpiece worldwide. If "The Wandering Earth" is the touchstone of Bluestar Technology's film and television culture strategy, then "Three-Body Problem" is the absolute main force.

At present, "The Wandering Earth" is still in public release, and Bluestar Films has already announced the establishment of the "Three-Body Problem" project while it is hot, causing a huge sensation in the domestic film and television circle for a while.

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