Heads Up Hollywood

Text Chapter 1232 Good News

Wall Street has given guidance for an offering price of more than $200.

In May, the psychological price offered by Wall Street was only more than 130 US dollars. In just two months, it has increased by nearly 70 US dollars!

This is something that has never happened before.

Of course, the listing of New Global was originally the largest IPO in history, and it is not surprising that it broke various IPO records.

Tang En was not satisfied with the offer of 200 US dollars.

His bottom line is $250!

The gap is as big as a chasm.

We must continue to work hard!

Tang En has already seen the future. Before the next wave of Internet wave arrives, it is not impossible for New Global's market value to rank among the top five in the world, and even become the world's largest company!

Such a detached market capitalization scale cannot do without the financial operations of Wall Street.

Therefore, he has no intention of taking food from Wall Street, and must hurry up and continue to make the cake bigger!

Release all the heavy good news!

Let everyone understand that the future of New Global is infinitely bright, and its ability to make money will become stronger and stronger, so that more investors are willing to pay a higher price to subscribe for shares of New Global.

On July 20, Blizzard released a signal that the global players of "World of Warcraft" have exceeded 42 million, making it the largest online game in the world today! It is expected that within this year, the number of players of "World of Warcraft" will exceed 50 million!

Compared with traditional PC game publishers such as EA, Konami, and Activision, Blizzard has become the world's largest online game developer that has enjoyed the dividends of the Internet!

The issue price was raised by another $6, reaching $207!

It can also be seen from the price increase that Wall Street's confidence in online games is far greater than that of Hollywood movies, even Mel Gibson, even "007".

This is the market prospect of emerging industries and traditional industries.

On July 21, the TV Media Department released three pieces of good news one after another——

1. STA TV Network and Colombia's National Television Network have reached an agreement to officially enter Colombia! At the same time, it also announced that Starz will develop the Latin American market after North America, Europe, and Asia!

Second, Discovery Communications will carry out a new round of corporate restructuring, and it is expected to lay off 3,200 people, which will save 530 million US dollars in expenditure every year.

3. In the next three years, the TV Media Department will develop its own sports channel!

It's a pity that TV is also a traditional industry, and the feedback from Wall Street is limited, and the price has increased by 4 US dollars, reaching 211 US dollars!

The IPO global roadshow of New Global is getting closer and closer.

Before the road show, New Global must determine an issue price range with Wall Street.

It seems that there is still a long way to go before Tang En's bottom line of 250 dollars.

...

Dunn has already talked with Barry Diller.

After New Global goes public, the company should have a new look and new vigor.

He's getting old, and it's time to abdicate.

After retirement, Barry Diller will serve as the vice chairman and executive director of New Global Group, and the company's first-line power will fall in the hands of the younger Robert Iger.

This was already expected, and Barry Diller took it lightly.

He holds more than 3 million shares of New Universal, with a total value of more than 600 million US dollars.

Such a large amount of money is a benefit he has never had in his entire life.

New Universal gave him everything, and he didn't have too many complaints.

He also knew that Robert Iger took over the position of CEO, which would be more conducive to the future development of New Global.

However, he always has to stand firmly on the last post.

He questioned Tang En.

Release all the good news before the IPO... Of course, it will increase the market's expectations and recognition in the early stage, and it will be recognized by Wall Street, and the issue price will be raised step by step.

But what about after the IPO?

The share price of New Global is too high.

If there is no further market stimulation after the IPO, once a sell-off occurs, it is likely to be a small-scale financial storm, which directly leads to a break.

Shareholders of New Global will suffer losses, and Wall Street and stock investors will suffer huge losses!

The safe way is to keep some good news.

After the IPO, it will be released step by step.

Constantly stimulate the market, and constantly increase the bargaining chips in the market, so as to stabilize the stock price of New Global.

The few days after the IPO are often the most liquid stocks and the most sensitive to market feedback. This juncture must be stabilized.

Tang En just smiled without saying a word, and told Barry Diller that he could put his heart in his stomach.

As long as it is not too rubbish, it is almost impossible to break.

Especially for the stocks of New Universal, it is impossible for Wall Street to allow a break!

Wall Street is almost synonymous with finance, and its influence and authority are too great.

Therefore, when Wall Street makes money by doing evil, it can often ruin people's fortunes. The subsequent subprime mortgage crisis is a typical case.

Tang En made the cake bigger and made so much money on Wall Street. How could they allow New Global's stock to break?

The method is very simple.

Several big investment banks joined forces to raise the stock rating of New Global at the same time, unanimously issued a "recommended purchase" proposal to investors, and raised the expected stock price by a large margin, so that they can easily get through the unstable period of the IPO stage.

In the financial market, Wall Street is the absolute authority and absolute power.

When this kind of absolute power "deceives", almost everyone will be fooled.

The stock market is an important tool to stabilize market activity. To put it bluntly, it is the flow of funds, which is to cut leeks. The difference is that some countries cut leeks so cleverly that people can't see the flaws; some countries cut leeks so bloody that people hate it.

New Global is one of those undisputedly high-quality businesses.

However, in the process of IPO, it is inevitable to have the behavior of cutting leeks.

Regardless of whether the future issue price is US$200 or US$300, the stock price is obviously overvalued, and it was pushed up by New Global's stunning financial statements in the second quarter and a series of recent good news.

With the connivance and cooperation of Wall Street, everything will come naturally.

Tang En could actually predict that after half a year, the stock price of New Global might show a downward trend. After the subprime mortgage crisis broke out, it will suffer a sharp drop. It is not surprising that the stock price even fell to 150 US dollars.

This is tantamount to saying that the IPO subscribers who snapped up the shares of New Global will lose 40% within two years!

Tang Enming knew that the stock price of New Global would plummet in the future, but he would firmly complete the recent behavior of speculating the stock price of New Global.

This has little to do with his own interests.

If he doesn't fall, he will not cash out the shares of New Global on a large scale, that is, the scale of billions of dollars, just to supplement the blood of Tang En Capital.

He is thinking about the employees of New Global.

New Global IPO, they can take this opportunity to exercise options or sell stocks, and get a lot of cash to improve their lives. In other words, the stock price in the initial stage of listing is very important. The higher the price, the more money they can cash out.

"Don't worry, our investment consultant will help us solve this problem!"

This is what Tang En said.

The scheming Barry Diller immediately realized what was happening, and made up his mind that after the smooth IPO of New Global, he would find an opportunity to sell part of the stock...

"By the way, Meledandri is your old subordinate, right? Why hasn't his matter been resolved yet?" Dunn dismissed Barry Diller's worries and asked instead.

The chairman of Twentieth Century Fox Animation Department, Chris Meledandri...should also leave?

The results of "Ice Age 2" are so good, Blue Sky Studio must have won the right to speak in the animation department.

Sure enough, Barry Diller gave an affirmative answer next, "It has been resolved, and the two parties are negotiating to resolve it. After all, there is still a contract."

Tang En frowned, "This is good news!"

He is still waiting for the good news that Chris Meledandri will join New Universal and establish Illumination Entertainment Animation Studio, so that he can further negotiate with Wall Street and raise the issue price.

"What kind of good news is this?" Barry Diller said amusedly, "Even if he is an animation talent, he wouldn't have such a big impact, right? Wall Street doesn't have a high evaluation of traditional industries."

Tang En nodded, agreeing with his statement.

indeed so.

At this moment, no one really recognizes Chris Meledandri's ability, otherwise 20th Century Fox would not have kicked him out.

Twain is probably the only one in the world who knows that Chris Meledandri has created an animation studio no less than Pixar.

Shaking his head, Tang En waved his hand, "Forget it, it's good that he can come."

"In addition to operating independently, he also made a small request."

"oh?"

"He hopes to acquire a special effects studio, which is responsible for CG animation production. If it is from scratch, the start is too slow. His ambition is very big, and he is eager to prove himself. Otherwise, he will have to wait until at least 2007 He will leave 20th Century Fox when his contract expires."

Tang En blinked, "Does he have a goal?"

Barry Diller said: "He talked to me. To be honest, that conversation made me really realize that he is a talent we need. Twentieth Century Fox fired him. It was really a huge mistake. .”

"Oh?" Tang En was very interested, "Tell me."

Barry Diller said: "He told me some truth. He said that the French are probably the most lazy people in the world, but France is a core member of the European Union and one of the most powerful economic powers in the world. Lazy French people march every day, protest every day, and spend half the time on vacation every week. But they can create such a huge social wealth in a very short working time."

Tang En deeply agrees with this.

The communism of the French has become more and more excessive, and the income tax has reached 70%. If you earn 10 yuan and pay taxes for 7 yuan, who can bear it? Work enthusiasm should be greatly reduced. Not only that, all kinds of demonstrations are surprising.

Once Tang En went to Paris, he encountered a parade on the street.

After a little digging, they are fighting against the overtime culture.

Upon hearing this, Tang En expressed his understanding. Working overtime is indeed a ruthless exploitation of the employees by the capitalists. In their spare time, they should relax and spend time with their families.

But when I asked again, I found something was wrong.

The people who marched were all people who didn't like to work overtime. They didn't know how to work overtime at all. What they resisted was those who were willing to work overtime.

Those who are willing to work overtime will become more and more capable, and will get more room for promotion and salary levels. This is extremely unfair to those who do not want to work overtime. The French government had no choice but to introduce policies to limit overtime work, so that on weekends, it was difficult to find even a supermarket for shopping on the streets of Paris, and they were all closed.

It is unimaginable that such an excess can maintain strong economic vitality.

Barry Diller said: "Chris gave me an explanation. He said that brains always make more money than hands. France is probably the most creative country in the world. They rely on their own creativity to earn a lot of wealth, not Made by low-level handcraft."

Tang En immediately understood, "That's the truth. France has the most luxury brands in the world, and there are the most top designers there. A LV bag can sell for 40,000 US dollars, and the cost of making it in China is less than 100 US dollars." U.S. dollars. Some people use their brains to draw a few designs and earn 99% of the profit, while others work hard but don’t make much money. It makes sense to say that Paris is the capital of art.”

"That's right, cartoons also need creativity! Great creativity!"

"So...he wants to go to France to acquire a special effects studio, and then develop his own animation studio?"

Barry Diller said: "Yes, he is very disappointed with the stagnant pool of Hollywood. He hopes to find hope in France. After all, France, like Hollywood, is the hometown of movies."

"Isn't the tax rate over there too high?" Tang En frowned.

What he actually hopes is to buy a special effects studio in Korea, which is cheap and has low tax rates.

Barry Diller said with a smile: "Special effects, emerging industries, there is policy support, the entire European Union is vigorously supporting this industry, Greece, the Netherlands, and France have all offered 40% tax rebates."

Invest 10 yuan, the government will refund 4 yuan, this support is strong enough!

Tang En said: "If that's the case, then let's do it this way. If there are any policy changes in the future, at worst, we will move out of France."

...

It may be difficult for lighting entertainment to form good news in the short term.

However, this has little effect.

What can really make a huge impact is the Internet!

On July 24, there was good news.

Hulu completed the A round of financing!

Led by Hollywood's 20th Century Fox and NBC Columbia, seven Wall Street investment funds followed suit, with a total financing scale of US$210 million.

The participation of Hollywood giants and Wall Street investment institutions at the same time proves that the streaming media industry is a sunrise industry with unlimited potential!

After the A round, Hulu's valuation reached 2.6 billion US dollars!

It's hard to imagine that this is just an Internet company that has been established for less than a year, has 3.5 million member users, and has not even launched an official website...

At the same time, Tang En summoned all Netflix executives, held an important meeting, and announced a major decision.

From now on, Netflix officially launches its own streaming business!

Take a wave of spring breeze and help me set sail for a new world!

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