Muni engages in things and brings so much trouble to the Taihua Holding Group. How can Feng Yu not fight back, how can he swallow it?

Although those people are out of touch with Muni in the face, there is no direct evidence to be involved in Muni, but as long as it is not a blind man, it will be known that this matter is absolutely irrelevant to Muni.

At this time, Muni's advantageous business is ps game consoles, digital video cameras, digital cameras, flat-panel TVs, mobile phones, computers, music players, etc., which does not include their entertainment services such as movies and songs.

Among them, in terms of movies and songs, monks and nuns are also top-notch in the world. Only through better works can we defeat monks and nuns.

Muni's former ace Michael Jackson has gradually declined in recent years, and Muni's new flag singer has not reached the height of Michael Jackson.

As for the film, with the popularity of the CD, Muni has earned a lot of money with its huge film and television copyright. Fortunately, people are now more interested in new movies, so the profits of Muni are also gradually decreasing.

The best way is to combat the expansion of monks and nuns. At this time, Muni Films is seeking to acquire MGM Studios. This is the last independent film company among the top eight Hollywood film companies. The company has super ips such as 007, Rentai Taishan, and this massive film and television copyright.

These copyrights, although re-issued will be less of a concern, but there is still a great use, that is to take out the remake.

Feng Yu remembers a lot of remake movies in the past, and the final box office is amazing. Moreover, Feng Yu has some classic movies in his mind, and he also needs a powerful company to make it.

The reason why MGM has fallen is because the films they filmed only focus on the plot, not on visual effects. Going to the cinema, of course, I hope to enjoy a visual feast. As for the plot, I can't buy a CD. Or go to the video site, can't pay to watch it?

Whether it's buying a CD or paying for it, it's much cheaper than a movie ticket, and because it's at home, it's more comfortable, more free, and repeatable.

So now MGM's main revenue is to sell CDs, but their CDs are made, and they are handed over to Sony Pictures because they don't have their own CD production factory!

Muni Films has taken a fancy to MGM's massive copyright and the appeal of its veteran film company, so it is going to eat it. But in fact, Muni Pictures does not have enough cash, at least the acquisition of MGM is not enough.

Even if MGM is reluctant, with the copyright and the company's brand value, it is worth four or five billion dollars. Of course, the value of tens of billions of dollars with other companies can no longer be compared.

Muni recently invested too much in electronics, such as digital cameras and digital video cameras to ensure a leading edge. For example, music player products should catch up with aiwa. For example, the newly added plasma flat-panel TV camp needs a lot of money. For example, mobile phone sales are declining and need to increase investment. Computer sales are declining and investment is also needed.

Even the TV game consoles they have dominated for several years, because of the strong rise of g-wave x, the replacement of paradise, and have to increase investment in research and development, and strive to launch new models as soon as possible.

So don't look at Minnie's revenue last year is not bad, but if you want to buy MGM, you really can't get the money.

In the first two years of the dot-com bubble, Muni's share price has fallen all the way. It has just slowed down recently, but it is still more than 30% less than the peak period.

Therefore, when Muni wants to acquire MGM, it can only be through financing and mergers and acquisitions. It is also a common acquisition method in the country of rice.

The acquisition plan to be adopted by Muni is also a special leveraged buyout, which is to use MGM's assets as collateral to issue high-risk bonds and mortgage loans from banks or other investment institutions.

For example, Muni needs $5 billion to acquire MGM, but the real assets may only cost $10 million. This is the strength of leveraged buyouts.

But at the same time, if MGM's business is in good condition and assets start to increase, because of the gains from asset appreciation, the company can't share it. After the loan and bond cashing are paid off, the income from operation and management can be obtained normally.

Many people like to buy this high-risk bond because the higher the risk, the higher the profit. Sometimes a seemingly junk bond can bring a hundredfold benefit. Of course, more likely, this bond does become garbage, a piece of waste paper.

This is equivalent to a gamble, some people like it, and some people are far away. Successful ecstasy, failure will not be too much injury, as long as the purchase is not much.

Formerly, the company had joined several investment companies, ate MGM, and then took MGM's income through a series of equity transactions.

This has also allowed Muni to further expand. In the short term, it has brought billions of dollars in revenue to Muni, which is unprecedented success.

However, this is also an overdraft, overdrafting the brand potential of MGM, so later MGM fell into bankruptcy, and eventually lost to the telescope company.

To acquire MGM, it's not just film and television, but also hotels, resorts, cinema lines, cafes and more. Feng Yu is only interested in film and television and cinema. As for hotels and resorts, Feng Yu has no interest at all. He plans to sell it out and sell it.

At this time, you need someone who is interested in this aspect, such as Donald.

"Feng, you said that you want to buy MGM? Would you like me to complete this acquisition with you?" Donald had some doubts in his eyes. He generally only invested in real estate and stocks, and did not invest in film and television.

"Donald, MGM is not only film and television, but also resorts, hotels, cafes, etc. Are you interested? Recently, the real estate market in the country, but has been rising." Feng Yu smiled and asked.

The price of real estate in the country has risen. As a Donald of New York real estate, the assets are naturally rising. Donald has a crazy obsession with real estate.

Donald's eyes are bright, and there is no good real estate investment in New York recently, and investing elsewhere is also a good choice.

"You mean, after the acquisition, the MGM business will be split, the real estate is here, and the rest is for you?"

Feng Yu nodded: "How, are you interested? You know, for hotel and other property management, we have no particularly good talents, so we can guarantee no loss in our hands, but in your hands. , you can make sure you make money!"

"Feng, then when do we meet and talk carefully?"

"I flew to New York the day after tomorrow, we talked!"

......

Ps: I know the title and I know it today. I didn't think that one of the dragons in this book was a successful counterattack. The fourth child bet with a friend and won a meal, oh~ (to be continued.)