Chapter 756 Hurry up and Raise Money, Young Man!

Li White's first persuasion was naturally a failure.

Yin Jun denies the possibility of buying Disney from any aspect.

When leaving, Yin Jun just asked Li White to complete the acquisition contract of United Artists Film Company so that he could start preparing the funds.

It wasn't until Yin Jun got in the car that the boy closed his eyes and took a long breath and clenched his fists.

He didn't know why Goldman Sachs was so crazy that he actually wanted to sell it to him along with Disney, but no one in the world knew that after Yin Jun acquired United Artists Film Company, he would be the second American company he would acquire. The entertainment company is none other than Disney!

Disney in 1981 was not at all the Hollywood giant that was at its peak in 2020, but a very difficult small company that was gradually going bankrupt.

Over the years, Disney's film production has completely deviated from animated works, and is more like the Hollywood Seven, making those live-action films that they have never been good at. The result is naturally beaten to death, not only It did not get a share of the live-action movies, and it gradually lost its dominance in the production of animated movies, with the animated character copyright business declining year by year.

Now they seem to be good for nothing except making money at Disneyland.

And the people and companies that will make Disney grow and develop in the future have nothing to do with them now.

Michael Eisner is still at Paramount.

Marvel is doing well right now, but the live-action movie is definitely far away.

The computer graphics department of Lucasfilm had just been established for a year. The emergence of Pixar had to wait until 1984, when John Lasseter, who had resigned from Disney, joined and established the computer animation department, which was the prototype of Pixar.

The establishment of DreamWorks would have to wait more than ten years, and Disney would later purchase DreamWorks, but DreamWorks Animation, the treasure of DreamWorks, was eventually acquired by NBC Universal.

ABC Broadcasting Company's situation is not good, but it is still better than Disney.

Like the rising sun, Lucasfilm looks far more promising than Disney.

None of the above people and companies have joined the Disney family, so Disney is basically worthless in terms of its development prospects.

However, Disney actually has its own strengths.

That is the company philosophy that their founder Walt Disney has always adhered to - the production and exploration of animated films.

No matter how chaotic Disney has been in the past decade or so, their animation production team and the training of new talents are still number one in the United States, and even the world.

Not to mention anything else, this group of hundreds of art and animation masters are the talents that Yin Jun dreams of.

For example, the John Lasseter mentioned before, if you get him, you will get half of Pixar. Do you think such talents are valuable?

If Disney is used to create animations, amusement parks, derivative products, etc., and United Artists Film Company is used to produce more classic movies, it will definitely be a very good match in Hollywood!

People who wanted to come to Goldman Sachs thought the same way. They also wanted to package Disney and United Artists together and sell them to Yin Jun. As for whether Yin Jun could succeed, that was not their concern.

This is the hateful thing about business brokers.

They always lure you with good prospects and let you buy a lot of things you don't need, and then they can earn more commission profits.

But Goldman Sachs didn’t know that these two companies, presented to Yin Jun, were both treasures that would definitely transform the Kirin Group into the world’s mainstream entertainment market!

Disney has just deviated from its own direction. Their main strength is still there. Yin Jun only needs to point out the direction for them and let them work hard in that direction.

United Artists Film Company is even simpler. Yin Jun gives them several scripts for classic movies every year, and they can instantly transform themselves into top actors in Hollywood again.

To be honest, it has been hard for Yin Jun to imagine how United Artists Film Company, which owns the copyright of the "007" series, one of Hollywood's super IPs, could end up like this.

The only reason may be that the management is too stupid.

anyway.

Fortunately, Yin Jun didn't tell them what the second commission was, otherwise Disney would have to sell it to him at double the price.

Now, since Goldman Sachs has this plan, they will definitely work hard to push it forward and continue to convince themselves to accept this packaging plan.

After the demand changes, Yin Jun will take the initiative.

As long as they behave the same as before, from unwillingness to willingness, and finally to the heart to buy the package plan, it is enough.

But in terms of price, it will definitely not be what Goldman Sachs says, and it will definitely be much cheaper than Yin Jun imagined before.

However, Disney is not United Artists.

United Artists Film Company is a piece of shit and has a three-pound nail, but Disney has two major Disney parks.

Among them, Disneyland in California has 206 hectares, which is very huge.

The remaining Walt Disney World Resort is even more terrifying, covering an area of ​​122 square kilometers, exceeding 10% of the area of ​​Xiangjiang!

With such two high-quality assets, Disney’s price is naturally indispensable.

According to Yin Jun’s previous understanding, Disney’s value should be between 1.5 and 3 billion US dollars, including their debt.

But no matter how streamlined it is, it is impossible to buy it at a price below US$1.5 billion, because their current stock market value is US$1.5 billion, not to mention the intermediary fees of Goldman Sachs.

Calculating this, Yin Jun needs to prepare at least 2.2 billion US dollars.

However, all of Yin Jun's current family assets are only 1.5 billion US dollars, which is almost half.

The outside world's estimation of Yin Jun's assets is actually very difficult to estimate.

That is the valuation of the comics owned by "Qilin Weekly".

It can be seen from "Transformers" that whether it is comics, animation or toys, it has a very high value, especially toys. In the six months since last year, Transformers toys have been very popular. In the latest month, sales have reached an astonishing US$350 million, which is simply shocking the world!

How many years has it been since Barbie and Lego dominated the toy sales rankings around the world? How many years have there been no toys that can challenge their existence?

If Transformers continues to develop like this, the battle between the two heroes in the future will definitely become a tripartite confrontation!

Calculated based on the sales of Transformers toys in a single month from the end of December to now, this Transformers toys alone should increase the valuation of Kirin Group by US$500 million.

This is still the case now. If another five years pass, at least the "Transformers" brand will have a brand valuation of US$2 billion.

Coupled with the existence of the remaining comic books and derivatives of "Qilin Weekly", it is estimated that the total valuation of this area will reach 900 million US dollars.

The remaining properties of Kirin Group are not that valuable anymore.

Kylin Satellite TV is valued at US$150 million at best, the New Territories B land exchange rights document is valued at US$300 million, "Kylin Daily" is revalued at US$50 million, and all remaining shares and assets are revalued at US$1.5, which is already Yin The estimated limit of Jun family property.

but!

It doesn’t mean that if your property is valued at US$1.5 billion, others will lend you US$1.5 billion!

According to the bank's calculation of nine out of nine and thirteen out... Well, no, it is calculated based on 70% of the valuation, and then a discount of about 30%. In fact, it only gives you a loan of 50% of the asset value. If it is an ordinary bank, Yin Jun can get at most 800 million US dollars.

How could US$800 million buy United Artists and Disney?

However, there are no workarounds.

First of all, Yin Jun can sign a contract first, pay an upfront payment, and then after United Art Film Company and Disney transfer the ownership together, Yin Jun can use these two companies to mortgage the loan, so that he can also get the loan. Around US$1 billion has greatly eased Yin Jun's pressure.

After all, although Yin Jun doesn't have much cash now, "Qilin Weekly" and single volumes, as well as Transformers toys, bring Yin Jun a large amount of profits every month. It is very useful to use this money to pay interest and repay. Assure.

The second method is for Yin Jun to find a bank that can lend him more money.

Chen Youhan's Xiangjiang Commercial Bank was the easiest place for Yin Jun to get a loan.

Yin Jun used to get a loan of 50 million with ten scripts, let alone now.

Even if Yin Jun's name is used as a guarantee, Chen Youhan dares to lend Yin Jun one billion.

This is the friendship between the two people and the trust built up from loan after loan.

Chen Youhan most remembers the words of his idol, his father Chen Bicheng.

When doing business with Chinese people, you definitely rely not on a contract, but on credibility.

As long as you have credibility, you don't have to worry about other things in business. Others can try their best to help you, and you should also try your best to help people with credibility.

Because of Yin Jun, Xiangjiang Commercial Bank became famous in Xiangjiang and its business continued to develop.

And with Chen Youhan's character, if Yin Jun is willing to mortgage, it is absolutely impossible for him to only give 50%, at least a 100% loan, or even 150%.

With assets of 1.5 billion U.S. dollars, 150% of the loan limit is 2.25 billion U.S. dollars, which can not only fully pay for the package acquisition, but also have more than enough.

However, this is not realistic.

Because Xiangjiang Commercial Bank is a relatively small bank, its total assets will not exceed 2 billion, and even the deposits it accepts will not exceed 6 billion - and it is still now, there is no successful example of Yin Jun before, their deposits The quota is only over 4 billion.

From this, we can also know how much pressure Chen Youhan has endured since Yin Jun borrowed more than one billion from Xiangjiang Commercial Bank.

If there was a run on him, it would be too late for Chen Youhan to cry.

But fortunately, Yin Jun has always been the pride of Xiangjiang people since his debut. Even if they knew that he had borrowed so much from Xiangjiang Commercial Bank, no one would think that this debt would become a bad debt, even if there were some people with ulterior motives instigating it. , and there are very few people who have given up their deposits in Xiangjiang Commercial Bank for this reason.

Facts have also proved that the vast majority of people are correct. Not only did Yin Jun have no bad debts, he quickly earned billions. It is a miracle to pay off all the loans at once.

However, this time the miracle could not continue.

Xiangjiang Commercial Bank's 6 billion deposit limit, even if it were all used to provide Yin Jun with a mortgage loan, would only amount to 1.3 billion U.S. dollars, which was far less than what Yin Jun needed.

In order to prevent Xiangjiang Commercial Bank from getting into trouble, Yin Jun decided to lend them a maximum of 500 million US dollars. No more would be enough. Even if Chen Youhan was willing to give it, Yin Jun could not take it.

Where can we find the remaining US$1.5 billion?

Yin Jun actually already had an idea in mind.

Who is the God of Wealth in Xiangjiang?

Director of the Finance Department?

Move over!

Hong Kong’s No. 1 God of Wealth

The name is

Shen Bi

Shen Bi, the senior class member of HSBC Bank!

As long as Shen Bi is taken care of, what does a mere US$1.5 billion mean to HSBC?