MTL - Heads Up Hollywood-Chapter 1232 good news
The issue price guidance given by Wall Street has exceeded $200.
In May, the psychological price offered by Wall Street was only more than 130 US dollars. In just two months, it has risen by nearly 70 US dollars!
This is something that has never happened before.
Of course, the listing of New Global is the largest IPO in history, and it is not surprising that it broke all kinds of IPO records.
Dunn was not satisfied with the $200 offer.
His bottom line is $250!
The gap is huge, like a gulf.
Continue to work hard!
Tang En has already seen the future. Before the arrival of the next wave of the Internet, the market value of New Global will be firmly in the top five in the world, and it is not impossible to even become the company with the largest market value in the world!
With such a detached market value, the financial operations of Wall Street are indispensable.
So, he didn't plan to take food from Wall Street, he must hurry up and continue to make the cake bigger!
Release all the good news!
Let everyone understand that the future of New Global is infinitely bright, and its earning power will become stronger and stronger, so that more investors are willing to pay higher prices to subscribe for shares of New Global.
On July 20, Blizzard released a signal that "World of Warcraft" has more than 42 million players worldwide, 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 Internet dividends!
The issue price was raised by another $6 to $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 Ministry of Television and Media released three pieces of good news one after another—
First, the STA TV network and Colombia's national TV network have reached an agreement to officially enter Colombia! At the same time, it is 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. It is expected to lay off 3,200 employees, which will save 530 million US dollars in expenses every year.
Third, in the next three years, the TV and 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 is raised by $4, reaching $211!
The IPO global roadshow of New Global is getting closer.
Before the roadshow, New Universal had to determine an issue price range with Wall Street.
It seems that there is still a long way to go from the bottom line of $250 in Dunn's heart.
……
Dunn has talked to Barry Diller.
After the listing of New Global, the company should have a new look and new vitality.
He's getting old and it's time to abdicate and make way for the virtuous.
After retirement, Barry Diller will serve as the vice chairman and executive director of the new Universal Group, and the first-line power of the company will fall in the hands of the younger Robert Iger.
This was expected, and Barry Diller took it in stride.
He owns more than 3 million shares in New Universal, with a total value of more than $600 million.
Such a large sum of money is an income that he has never had in his whole life.
New Universal gave him everything, and he didn't have too many complaints.
He also knew that Robert Iger taking over as CEO would be more conducive to the future development of New Universal.
However, he always has to stand on the last shift.
He questioned Dunn.
The good news is released before the IPO... Of course, it will increase the market's expectation and recognition in the early stage, and it can be recognized by Wall Street and increase the issue price step by step.
But what about after the IPO?
New Universal's share price 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 turmoil, which will directly lead to a break.
The shareholders of New Global will suffer losses, and Wall Street and stock investors will suffer huge losses!
The safest 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 chips to the market, thus stabilizing the stock price of New Global.
The days after the IPO are often the most liquid stocks and the most sensitive market feedback. This juncture must be stabilized.
Dunn smiled without saying a word, and told Barry Diller that he could put his heart in his stomach.
As long as it's not too rubbish, it's almost impossible to break a hair.
Especially for the stocks of New Global, 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 is doing evil to make money, it can often bankrupt people's houses. The following subprime mortgage crisis is a typical case.
Dunn made the cake bigger and made so much money on Wall Street. How could they allow New Universal's stock to break?
The way to do it is simple.
Several major investment banks have joined forces to upgrade the stock rating of New Global at the same time, and unanimously gave investors a "recommended buy" proposal, and significantly raised the expected stock price, so that the IPO period can be easily overcome. stage.
In the financial market, Wall Street is the absolute authority, the absolute power.
When this absolute power "deceives", almost everyone will be fooled.
Well, the stock market is an important tool for stabilizing market activity. To put it bluntly, it is the flow of funds and cutting leeks. The difference is that in some countries, the method of cutting leeks is very clever, which makes people invisible; in some countries, the cutting is very bloody, and people hate it.
New Universal belongs to the kind of undisputed high-quality enterprise.
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 Universal's stunning financial statements in the second quarter and a series of recent positive news.
With the connivance and cooperation of Wall Street, everything will come naturally.
Dunn could actually predict that after half a year, the stock price of New Universal would probably show a downward trend. After the subprime mortgage crisis broke out, it was even more likely to suffer a slump, and it was not surprising that the stock price even fell to $150.
This means that the subscribers who snap up the new global stock at the IPO lose 40% in two years!
Tang Enming knew that the stock price of New Global would plummet in the future, but he would also firmly complete the recent behavior of speculating on the stock price of New Global.
This has little to do with his own interests.
Even if it doesn't fall, he won't cash out New Global's stocks on a large scale, that is, the scale of several billion US dollars, just to add blood to Dunn Capital.
He is for the sake of the employees of New Universal.
With the new global IPO, they can take this opportunity to exercise options or sell stocks to get a large amount of cash to improve their lives. That is to say, 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 advisor will help us solve this problem!"
This is what Dunn said.
The wily Barry Diller immediately realized something and made up his mind. After the smooth IPO of New Universal, he would find an opportunity to sell some of the stocks...
"By the way, Mel Dandry is your old subordinate, right? Why hasn't his business been resolved yet?" Dunn resolved Barry Diller's worries and instead asked.
Chris Melardandley, chairman of Twentieth Century Fox Animation... should also leave?
The results of "Ice Age 2" are so good, Blue Sky Studio must have won the voice of the animation department.
Sure enough, Barry Diller then gave a positive answer, "It has been resolved, the two sides are negotiating a solution, after all, there is still a contract."
Tang En frowned, "This is good news!"
He is still waiting for the good news of Chris Mellor Dandley to join New Universal and the establishment of the Lighting Entertainment Animation Studio to be released, to further negotiate with Wall Street and raise the issue price.
"What kind of good news is this?" Barry Diller said amusingly, "Even if he is an animation talent, he won't have such a big impact, right? Wall Street doesn't have a high evaluation of traditional industries."
Dunn nodded and agreed with his statement.
indeed so.
At this time, no one really can recognize the ability of Chris Mellor Dandley, otherwise 20th Century Fox would not have swept him out of the house.
Probably the whole world is also known to Dunn, Chris Mellor Dandley created an animation studio no less than Pixar.
Shaking his head, Dunn waved his hand, "Forget it, it would be nice if he could come."
"In addition to operating independently, he also made a small request."
"Oh?"
"He wants to buy a special effects studio that specializes in CG animation. If it's starting from scratch, it's too slow to start. He's ambitious, and he's eager to prove himself. Otherwise, he'll have to wait until at least 2007. He will leave Twentieth Century Fox after his contract expires."
Dunn blinked, "Does he have a goal?"
Barry Diller said: "He talked to me and, to be honest, that conversation made me really realize that he is a talent we need. Twentieth Century Fox fired him, it was a huge mistake. ."
"Oh?" Dunn was very interested, "Tell me about it."
Barry Diller said: "He told me something. He said the French are probably the laziest people in the world, but France is a core member of the European Union and one of the most powerful economies in the world. Lazy of French people march, protest every day, and spend half of the week on vacation. But they can create so much social wealth in a very short working time.”
Dunn deeply agreed with this.
The French people's communism has become more and more excessive. The income tax has reached 70%. If they earn 10 yuan and 7 yuan to pay tax, who can stand it? Work enthusiasm should be greatly reduced. Not only that, the variety of demonstrations is eye-popping.
Dunn once went to Paris and encountered a parade on the street.
After a little inquiries, they were fighting the overtime culture.
When Tang En heard this, he also expressed his understanding. Overtime is indeed the ruthless oppression of employees by capitalists. In spare time, he should relax and spend time with his family.
But when I asked again, I found something was wrong.
The people in the parade are all people who don't like to work overtime. They don't work overtime at all. What they resist is those who are willing to work overtime.
Those who are willing to work overtime will become more and more capable, and will gain more room for promotion and salary levels. This is extremely unfair to those who are unwilling 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 a supermarket to buy things on the streets of Paris, and they were all closed.
It is unimaginable that such an excess can maintain vigorous 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 ideas to make a lot of money, not Made by low-level handcraft."
Dunn 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, and it costs less than $100 to make in China. Dollars. Some people make 99% of their profits by drawing a few designs, and some people work so hard but don’t make much money. It makes sense to say that Paris is the capital of art.”
"That's right, animation also needs creativity! Great creativity!"
"So...he wants to go to France to buy a special effects studio and then develop his own animation studio?"
Barry Diller said: "Yes, he is very disappointed with the backwater in Hollywood, and he hopes to go to France to find hope. After all, France, like Hollywood, is the home of movies."
"Is the tax rate over there too high?" Dunn frowned.
What he actually wants is to buy a Korean special effects studio, which is cheap and has a low tax rate.
Barry Diller said with a smile: "Special effects, the emerging industry has policy support, and the entire EU is strongly supporting this industry~www.novelbuddy.com~Greece, the Netherlands, and France all offer 40% tax rebates. "
Invest 10 yuan, and the government will refund 4 yuan. This support is strong enough!
Dunn said: "If that's the case, then do it this way. If there is a policy change in the future, it's a big deal to 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, good news came.
Hulu has completed a Series A financing!
Led by Hollywood's 20th Century Fox and NBC Columbia, 7 Wall Street investment funds followed, and the total financing scale reached 210 million US dollars.
The simultaneous participation of Hollywood giants and Wall Street investment institutions proves that the streaming media industry is a sunrise industry with unlimited potential!
After the A round, Hulu's valuation reached $2.6 billion!
It's hard to imagine that this is just an online company that has been established for less than a year, has 3.5 million members and has not even launched an official website...
At the same time, Dunn summoned all Netflix executives, held an important meeting and announced a major decision.
From now on, Netflix officially launched its own streaming media business!
After a wave of spring breeze, help me set sail for a new world!
Recommend the new book of the city **** Lao Shi: