Chapter 756?
Irv Gotti has a real gang background, otherwise he would not dare to use the name of Gotti, the godfather of the Gambino family's colorful clothes, as a nickname. He has a small gang, and he is also with another "Kenneth boss", New York Kenneth McGriff, the drug boss in the Baisley public housing area, has a lot of connections. In the rap circle, he is the singer and producer of DefJam Records. Stronger than most hip-hop singers who brag about how good they are in gangs.
Before Jazzy went to prison, he was a rap rookie and a small drug dealer, and his influence should be much worse, but Song Ya actually didn't care whether Jazzy could 'fix' Irv Gotti, dare to yell at me in Bedford Hills, then There is a price to pay, and it's just a punishment for causing him some trouble.
If Jazzy really gets things done, then it’s fine to help release the film. After all, according to the lyrics of the apocalypse song Empire Heart, Jazzy should also become popular later, and the record may still make money.
"Hmph, now I casually throw some bones out, and many people are happy to work hard for it."
Winning the inner city broadcasting company, A+CN is about to start broadcasting, and Netscape's listing has set off an Internet storm in the capital market. Song Ya is very clear about how much energy she has now.
"M-Fxxk!"
There was a wave of ups and downs, and the bragging daddy appeared at the stairs on the second floor cursing. He picked it up casually, knocked down the small art sculpture beside him, and fell to the ground and broke into pieces.
"Sorry, I didn't mean to."
Puff Daddy noticed that all the distinguished guests downstairs were looking at him, "APLUS, I'm sorry, I'll have someone deliver the check later." He walked up to Song Ya and said.
"It's okay, little things are worthless."
There are a lot of parties, and I often encounter guests who don't see each other at home, fight or play drunk, vomit directly on the carpet, and make a mess in the room. In this regard, Song Ya's endurance has been exercised, "Why, Didn't go well with Pierre?" he asked generously.
"Yes, he refused to let go of the purchase price." Puff Daddy replied.
"Haha, that guy is always like this, I'll look back and ask." Song Ya said with a smile.
"Okay, I'll wait for your news." Puff Daddy raised his fist, and the two touched each other, "Then I'll go first..." He said to Biggie who heard the movement, "You stay and continue playing Well, I'm fine."
It's just a small episode, Biggie and the others love to play more than Puff Daddy who is the boss, so they continue to stay Happy.
"Pierre, what's the matter?" Song Ya went upstairs to find Pierre.
"That Harlem punk tried to blackmail us."
Pierre's side must be talking differently. He has completely given in to himself now, but the Sutton family is not afraid to brag about Daddy, "Are you really going to sell that radio and TV station to him? APLUS."
"How much did you talk about?" Song Ya asked.
Pierre gave a number.
"Well, let's continue the negotiation. In the end, we will definitely sell it to him, but the price is indeed a bit low." Song Ya ordered.
"I understand that he made a lot of money from the East and West coast wars, and is now very rich," Pierre said.
"Don't screw up the relationship."
Song Ya reminded him and dropped his hand. Bragging Dad is a standard rational person driven by interests. So many things have happened over the years, he has seen it clearly. As long as he is not an enemy, he will not worry that the other party will take the initiative to sabotage bilateral relationship. Pierre himself is not too good at interfering with the specific management rights of the inner city broadcasting company.
"APLUS."
Daniel just got rid of Matthew Norris's entanglement, and came over to wink at Song Ya.
"Is there something wrong?"
Pulled into the study by Daniel, Song Ya closed the door and asked.
"have."
The two were alone, and Daniel was straightforward, "APLUS, what are you going to do with our shares in DefJam Records?"
He said 'we' because Song Ya held 5% of the 17.6% of DefJam's shares in private for him, "I don't know, PolyGram's shares in DefJam have already More than 70%, relying on our shares can only make some saddles for them, not much can be done."
This incident is quite frustrating, Song Ya shrugged, "We were overshadowed by DefJam President Lyle Cohen, he first used us to drive away Russell Simmons, weakened half of his shares, and then turned around and talked to Russell Simon Si cooperated with PolyGram to secretly reach an agreement to exchange the shares held by the two people, plus a small amount of shares held by others, in exchange for a total of 100 million knives."
"According to the 100 million dollars that Polykin is willing to nod for 20 percent of the shares, the 5 percent you hold on behalf of me is worth 25 million dollars, am I right?" Daniel said.
"What?"
Song Ya was made black question marks by his logic. This guy is not so whimsical, and Polygram will pay an equal high price for the remaining shares, right? "PolyGram has now acquired more than 70% of the equity of DefJam Records, and the remaining 20% is insignificant to them, and I have also opposed them."
"No, no, you are thinking of the boss of the company..."
Daniel shook his finger, "For PolyGram's decision-makers, you have to think about them from the perspective of senior managers."
"How to say?" Song Ya asked for advice.
"When they bought 50% of my Sony Columbia Records, they spent 50 million, right?"
"yes."
"And then after a while, they bought Lyle Cohen plus Russell Simmons et al in the early twenties for a hundred million."
"Yeah, DefJam isn't worth that money at all."
"No, no, for managers, they spend 50 million to acquire 50% of a company, so the company is worth 100 million, right? Then after a while, the company's valuation will change with The second acquisition came to nearly 500 million, what is the situation reflected in the financial statements and the performance of managers?" Daniel asked.
"Oh, I see." Song Ya understood. The real value of DefJam is not important at all. PolyGram used their money to prop up the valuation of DefJam through two acquisitions. The decision-makers responsible for the two acquisitions A total of 150 million was spent on the books to help PolyGram get a majority stake in a company with a value of nearly 500 million, which is 350 million if calculated at 70%. In this way, the decision-makers But it brought 200 million profits to Polygram...
"For the company boss, DefJam is not worth the money, but for the management that relies on staged performance, the 200 million on the book is a real credit... right?"
"Yes, so our 17.6% can still make some fuss. DefJam is not a listed company. Let's work together. You falsely announced that you would transfer 5% of the shares to me, and only... 5 One million, DefJam's valuation will immediately be called back to 100 million, and their decision-makers must be panicked, right? Because the performance is gone, they spent a total of 150 million twice to get 100% of DefJam At 70, now it is valued at 100 million, the money is only 70 million, and the book has a huge loss of 80 million."
Daniel is not as capable as Motura in many aspects, but he is very familiar with the crooked mentality of senior managers to fool the boss, "They can't stand the internal pressure of Polygram's board of directors, and they may still be willing to pay some money to take back our shares at a high price. Go, even if you can't sell Lyle Cohen's high position, at least it will rise above the profit and loss line of Polygram's investment. This operation can just solve our nominee holding problem."
"Um……"
Song Yaxin calculated for a while, "DefJam must be valued at more than 210 million yuan to reach their profit and loss line, 12.6% of mine, 5% of yours, Mimi has a little more, and the total can be sold To nearly forty million?"
"Yes, according to the 7.75 million dollars you paid before, it is already very profitable." Daniel said.
"Then what if Polygram's decision-makers are not afraid? They have more than 70% in their hands, and watching us do nothing will not affect their control over DefJam." Song Ya was still a little hesitant.
"Relax, I'm a senior manager myself and I know this group."
Daniel said: "You did a good job with the methods you used to get back at PolyGram, making Linda keep asking for a board of directors, auditing the accounts, claiming that DefJam is not worth that price, and seducing the famous singer Warren G, and letting that little girl , FoxyBrown right? Doing things inside the company. You have done so much, isn’t it too bad to just use it for revenge? I accidentally learned that Polygram’s executives were very troubled by the DefJam matter a few days ago, so, just right Use this as an opportunity to close things out. We're going to walk away with a profit, even if it's not as much as Lyle Cohen and Russell Simmons, because we're irrelevant at DefJam anyway."
"Okay, I'll listen to you."
Unexpectedly, that investment still had the hope of bringing the dead back to life, Song Ya was very happy, "If they don't give money, I will continue to make trouble!"
"Haha, wait for the good news!" Daniel laughed.