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923. Chapter 923 Scene 923 Acquisition of AMC

List of some actors in "The Legend of the Great Sage":

Sun Wukong - Li Xiaole (Black Pearl Company), Liu Xiaolingtong (China TV Drama Production Center)

Jade Emperor——Chen Baoguo (Beicheng Normal University)

Bull Demon King——Jiang Wen (China Film Group Second Studio)

Bodhi Patriarch - Chen Daoming (China Central Television Drama Company)

Taibai Venus Star - Ge You (Art Group of All-China Federation of Trade Unions)

Queen Mother-Siqin Gaowa

The King of Tota Li Jing——Zhou Runfa

Nine-tailed Fox-Lin Zhiling

Princess Iron Fan--Sun Li (Huayi Brothers Time Culture)

Zixia Fairy-Ha Zhiyuan (Black Pearl Company)

Erlang Shen-Jiao Enjun (Dongsheng Times International Media)

Dragon King of the East China Sea——Wang Zhiwen (China Central Television Bureau Company)

Guanyin Bodhisattva——Zhao Yazhi (Beijing Xingze International)…

Han Sanpin looked at the actor's form, and the more he looked, the more he became more and more immersed. The expression on his face gradually stretched out from the previous solemnity. Until he turned to the last page, Han Sanpin was still a little stunned. He couldn't help but turn to the first page and read it quickly again, and then he was sure that what he had just seen was real.

Han Sanpin put all the cast on the table and asked Han Xiaoli with a weird expression: "Have these people confirmed to participate?"

Han Sanpin knew that Li Xiaole was following the old path when Peter Jackson filmed "The Lord of the Rings". He had to use his own strength to mobilize a country's film resources and make his country's film culture reach the world's top stage. You should know that before "The Lord of the Rings", no one took New Zealand's films seriously. After "The Lord of the Rings", the entire New Zealand became the Middle Earth world in everyone's mind. This is the cultural appeal brought by a great film work.

"Well, it's confirmed." Han Xiaoli nodded excitedly and said with a smile: "I called to confirm all of them. Those actors are for the sincerity of Director Xiao Li, and the agency is all about your face."

"Xiaoli, be careful~~This is not my personal face or not~It is the influence of China Film Group." Han Sanpin waved his hand quickly, but his smile couldn't stop: "Oh, this matter is really like his style. He must have planned to do this a long time ago. After such a fuss, he really mobilized the entire Chinese film industry. Xiaoli, go and find Director Liu of the Film Bureau to sign the documents."

"Mr. Han... do you really want to mess around with Director Li?" Han Xiaoli hesitated and said, if the 3D screen promotion plan is to be completed this time, the investment is so huge that if the expected results are not achieved, Han Sanpin will have to bear leadership responsibilities.

"This is an opportunity for our generation and also our historical responsibility. If China Film does not produce this Li Xiaole, we would never have thought of this kind of thing, so we should have a good time." Han Sanpin took off his reading glasses and showed a long-lost heroic spirit between his eyebrows, and sat upright and said:

"Okay, Xiaoli, we're also starting to move. You send a document immediately. Then I will personally call Shanghai Union and President Chen, Beijing New Film Union Xu, Wanda Wang, Sichuan Pacific Dalin General, Zhejiang Times President Chen and others to ask them to complete the national 8,000 screen improvement plan before December."

When the Film Bureau approved the formal proposal to build 8,000 3D screens in half a year, all theaters were shocked, and everyone smelled the atmosphere of the storm. Everyone realized that the "Biographies of the Great Sage" at the end of the year might be the strongest voice in the history of Chinese films...

In the Daxia of the State Film Administration, rows of data supervisors in the office of the Information Statistics Department were calling and asking: "Does Southern Cinema also apply for the construction of the 'China Giant Screen'? How many pieces are needed? Well, it will be submitted to the General Administration for review, and there will be relevant technical personnel for technical support." "You have a report on how much audience traffic there is on average, and you need to carefully verify the detailed data."

At this time, I saw a man in his fifties walking over with a big belly frown, frowning in a pair of thick eyebrows, and asked in a deep voice: "Have the situation been investigated clearly? Has anyone sent someone to verify it? Why did the proposal letter come to report? Is there anyone who can use this activity to save the auxiliary funds in the bureau?" The construction of the 3D screen is due to state subsidies, and the bureau is afraid that someone will be fed.

"Everyone has been sent out. All colleagues in the first-tier theater chains say that the eight major theater chains are undergoing rectification. They really want to take advantage of the off-season in the past few months to prepare for a large-scale reconstruction of the 3D screen." Director Xu, the head of the resource department, came over and explained. Now he is so busy that he has no time to greet Director Liu.

Director Liu came over to look at the reports on the movie screen, lowered his head and murmured: "This Li Xiaole actually has such a great influence... If we continue our policy, the eight major theaters have never implemented it so quickly. With a word from Li Xiaole, why did they respond so quickly..."

"That's to say... this time the proposal is more effective than the previous policies. Is this Li Xiaole more authoritative than our Film Bureau?" Minister Xu also sighed: "It's all messy now. It seems that it really will overturn the entire Chinese theater."

"No matter why they have this reaction, it proves that the market has been activated. If there is a 3D screen in the future, the tax revenue of the Film Bureau may be overturned." Director Liu nodded and said, "This Li Xiaole is really an amazing person. He changed the entire Chinese movie world as soon as he came back from the United States."

After saying that, Director Liu and Minister Xu both looked at each other and felt a little inexplicably excited. It seemed that mainland movies were finally going out. Just thinking about the release of this film, which was shot with the whole country, they couldn't suppress it.

This huge change is not just in Chinese theaters. On the other hand, before everyone noticed it, another change is quietly unfolding in the American film industry. Chinese movie star America officially started a merger with AMC, the second largest theater chain in the United States.

This time, Lei Ting is the head of the M&A team of Chinese movie star Midea. There are more than 200 Chinese personnel alone. After starting contact with AMC, Lei Ting's acquisition group hired a huge team of more than 150 American professionals such as legal, financial, asset appraisers, and Li Xiaole is responsible for controlling the overall situation behind the scenes...

First, Li Xiaole asked Lei Ting to contact AMC and learned that the board of directors, which suffered heavy losses in the financial crisis, really hoped to sell the company.

Although AMC is the second largest theater company in the United States, if you carefully study their financial situation over the past decade, you will find that AMC can basically maintain a basic balance of profit and loss and not much profit. Last year's subprime mortgage crisis began with a sharp decline in business, with a loss of US$123 million that year. The company's plan to update theater equipment was also stranded.

Although this summer has ushered in a "box office frenzy", AMC Cinema has not yet recovered from the subprime mortgage crisis, and has lagged behind in the construction of 3D screens and has not made enough profits to get rid of the economic crisis. It is expected to lose $0.8.7 billion this year.

Jerry Lopez, the company's chairman and CEO, is an old man in his seventies. He started from the bottom manager on Wall Street, earned some wealth, and then entered the core of Wall Street, gradually accumulating wealth. Finally, he started to devote himself to the film industry because of his love. After taking over AMC in 1995, he also showed his business ambitions and frequently acquired many theater institutions. However, due to the rapid expansion and the blow of the two financial crises, he could no longer support it.

So as long as the price is suitable, he will sell 66% of the company's equity in his hands; AMC still has 34% of the equity scattered among some small partners. If Li Xiaole wants to acquire it in full, he can also help convince those partners.

So, Li Xiaole's acquisition team obtained the financial statements of AMC and wrote clearly about the company's revenue and expenditure, all claims, debts and assets. Li Xiaole asked the accounting team to conduct an audit report on the statement, without any problems; then the asset appraiser began to conduct a comprehensive valuation of AMC.

To put it bluntly, the main things to be valuated are the physical assets of 332 theaters, screens, land rents, projection equipment, theater buildings, etc., and of course some excellent human resources.

While Li Xiaole began to prepare for the filming of "The Legend of the Great Sage", he checked the audit information every day. More than 100 appraisers made more than 300 theaters a mess, and finally judged that the AMC theater chain with 5,065 screens was worth about US$2.9 billion.

In fact, this company is considered a high-quality company. Last year, it had US$2.5 billion in capital flows, and the losses were acceptable and the debt was not much. Compared with other small theaters, the situation is much healthier.

After reading the appraisal report, after discussion, Li Xiaole's acquisition team officially submitted its first offer to AMC Company, 2.2 billion US dollars, wholly-owned shares, including 100% equity and debt assuming.

The starting price is not very low or high. AMC's market value should be around US$2.8 billion. However, AMC's company responded to a quotation of 3 billion. This is normal. There are negotiations in business, and at this time we will enter the stage of going back and forth around the negotiating table.

"How to talk? What is AMC's psychological bottom line?" This is a huge question facing the acquisition team. Even Lei Ting was hesitant about such a huge acquisition case, while Li Xiaole gave an answer without hesitation: "2.5 billion, our acquisition price does not need to be higher than US$2.5 billion."

This answer surprised the acquisition team. You should know that AMC's market value is 2.8 billion, and it is impossible to cut $300 million if you bargain, right? How could Jerry Lopez agree?

But Li Xiaole is stubborn and let Lei Ting bite the bottom line. Although everyone thinks this decision is ridiculous, of course, the decision of Li Xiaole, the actual investor, can only be implemented.
Chapter completed!
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