Rebirth of Hong Kong - 1978

Chapter 2219 Langmeyer wants to resign
"What? Panasonic is buying the entire MCA?"

MCA is a large-scale media group integrating artist management, film, television, records, music publishing, and book publishing, and Universal Pictures is just a subsidiary of MCA.

Langmeyer was stunned when he learned that Panasonic was going to acquire MCA.

You must know that Universal Pictures is one of the largest film companies in Hollywood, and now it is going to be acquired by a neon company, which is really unacceptable to him.

"In order to expand the company's share in the broadcasting and cable fields, the group of people on the board of directors decided to cooperate with the Neon people. After all, the richest people in the world are the Neon people."

As one of the directors of Universal, Fernard and Langmeyer are on good terms, so he told Langmeyer about this as soon as possible.

Langmeyer was so shocked by the news that his scalp was numb. He never thought that he would work under the neon man from the beginning to the end. This was a huge damage to his self-esteem.

"If Universal Pictures is really going to be bought by those neon people, then I can only choose to resign immediately."

Langmeyer didn't even think about it. He didn't want to be the subordinate of a defeated country. You must know that Nihong was defeated by them at the beginning, but now the Nihong people have become their boss, which is simply too ironic.

"My dear Langmeyer, please don't get excited. This decision of the board of directors is also for the sake of MAC. Once Panasonic's acquisition is successful, Universal Pictures will get a lot of money..."

Before Fernard finished speaking, Langmeyer raised his hand and interrupted him.

"I'm sorry, my idea is very simple. If I want the Neon man to be my boss, then I can't accept it. I still have things to deal with in the company, so I'm leaving."

After Langmeyer finished speaking, he didn't listen to what Fernard continued to say, so he got up and left the other party's office.

After leaving the MCA headquarters, Langmeyer was in a low mood, because Fernard's meaning was very clear, that is, the acquisition of MCA by Panasonic was already a certainty, and now it is estimated that it is just a price negotiation.

Lang Mayer didn't dare to tell others casually such a secret. After thinking about it, he could only call Lin Daoqiu in the end.

Then in Langmeyer's office, he met Lin Daoqiu who had heard the news.

"Don't you tell me this deal is going to be done soon?"

Langmeyer briefly mentioned a few words to Lin Daoqiu on the phone, but it was enough to shock Lin Daoqiu into a cold sweat.

If the worst happens at that time, if both Columbia Pictures and Universal are bought by the Neon people, then Lin Daoqiu's allies in Hollywood will only be two film companies, Fox and Warner.

But Alan Ryder Jr. and Ashley were far inferior to his friendship with Longmeyer. Although talking about friendship in Hollywood was a bit illusory, Langmeyer had contributed a lot to his achievements today.

"My guess is that the deal will be closed in about a year or two. After all, those guys on the board are desperate for funds to expand the share of broadcast and cable, so it won't take too long."

Langmeyer looked at Lin Daoqiu's frustrated expression, because he was powerless to object to this matter and could only obey the board's arrangement.

But what Langmeyer can do is to choose to resign, so that he doesn't have to work under the hands of the Neon people. This is his last insistence.

Clutching his head, Lin Daoqiu felt that this matter was too bad. In his memory, there was no memory of Panasonic and Universal Pictures.

It is understandable why Lin Daoqiu didn't know, because although Panasonic provided ample cash injection after buying Universal, but because the two sides could not overcome the cultural conflict, Panasonic paid 57 billion U.S. dollars five years later. Price sold his equity in Universal to Seagram, a beverage distributor in Maple Leaf Country.

It can be said that Panasonic did not create any achievements in MCA, and this transaction cost them a total of [-] million US dollars, so it is normal for Lin Daoqiu not to know that Panasonic has acquired MCA.

"Lin, if you want to buy Columbia Pictures, how about changing your target and buying Universal Pictures?"

Langmeyer is more willing to cooperate with Lin Daoqiu than to be his boss, and he believes that with Lin Daoqiu's current funds, he will definitely be able to save money for the acquisition of Universal Pictures within two years.

"Buy Universal Pictures?"

Lin Daoqiu looked at Langmeyer in surprise, but soon he was moved by Langmeyer's proposal.

Columbia Pictures and Universal Pictures have performed very differently in Hollywood over the years. Apart from Paramount, the film company with the best performance in Hollywood in recent years is Universal Pictures.

And because of the relationship with himself, Universal Pictures is almost catching up with Paramount's momentum, while Columbia Pictures is still a bit behind Universal.

"You really gave me a problem, let me think about it."

Lin Daoqiu didn't immediately agree, but Langmeyer's proposal really moved Lin Daoqiu, but he still couldn't make up his mind to give up Columbia Pictures to buy Universal Pictures, or continue to wait.

"As far as I know, the psychological price of Columbia Pictures is about 30 billion, and it must also bear the 16 billion US dollars of debt attached to Columbia Pictures, which adds up to at least more than 50 billion."

Langmeyer's words directly shocked Lin Daoqiu. He had no idea that besides the purchase money, he would have to bear 16 billion foreign debts. This was something Lin Daoqiu had never thought about before.

Seeing Lin Daoqiu's surprised expression, Langmeyer knew that he didn't know about Columbia Pictures' debts.

"Lin, buying Columbia Pictures for 50 billion is better than buying Universal Pictures. We have no debt here, and the price is at most around 35 billion US dollars. If you are willing to bid, I can find a way to help you convince the board of directors."

With the help of Langmeyer, an insider, Lin Daoqiu can buy Universal Pictures with great confidence.

If he was only interested in Universal before, Lin Daoqiu's interest in this film company has been greatly reduced after learning that Columbia Pictures has a foreign debt of 16 billion.

It's a pity that I don't know when the Japanese stock market crashed. Otherwise, if I invest all my money in speculation, then Columbia Pictures and MCA can buy them all.

But even if you have money, you can't buy both Columbia Pictures and Universal, because if you do this, people in North America will not be just wary of themselves, but will be nervous.

Therefore, Columbia Pictures and Universal Pictures can only choose one of them to acquire. As for which one to choose, Lin Daoqiu actually already has the answer in his heart.

(End of this chapter)