Huayu started as a substitute director

Chapter 593: Generations of Slavery
It’s no wonder that Old Wang always says Fatty Yu is stupid. The principal bought up the circulating shares right under his nose and colluded with those investors. He did this for several years.

Fatty Yu didn’t know any of this, and when things happened he was still in the dark and didn’t make any effort.

If he knew that Fatty Yu had made efforts and asked Alibaba and Tencent for help, and that those two had made solemn promises to him, I wonder what he would think.

I guess he would also call those two idiots.

But then again, is it possible that Fang Hong gave too much and investors were willing to sell? Bona has been like that in recent years. Although the stock price has risen, it is very inflated.

And who could have expected that the principal would really spend so much time, so much energy, and 2.59 million US dollars, almost 18 billion, to acquire such a film and television company with not very ideal revenue.

It's not like they have too much money to spend. 18 billion can't be used to do anything else. It's a huge sum of money, and the scale of the film and television industry cannot afford so much money.

No one expected that the principal had so much money and took out more than 1 billion in cash at once.

The principal's actions really shocked the entertainment industry and the capitals. Even Alibaba's Fan Luyuan and Tencent's Liu Zhiping misjudged the situation.

I thought the principal wouldn't act so quickly and there might be a process of raising funds.

No, it means paying all the money in cash at one time. Its strength should not be underestimated.

They didn't know that this money was the remaining proceeds from the previous sale of Tesla stocks, and was not earned by Fang Hong in a legal manner.

You can’t make that much money by following the rules!
It was originally intended to deal with Bona, to bring Bona in, and to give the circle a little shock.

The circle was really shocked. No one expected the principal to be so quick and swift. People in the entertainment circle were even more in awe of the principal.

"I never expected that the principal would accumulate so much strength just for a single go." Liu Zhiping sighed, realizing that he had made a wrong judgment.

"This blitzkrieg is a good one. The principal is just like Hitler, a gambler." Tony Ma listened and said silently without blaming him.

This incident had to alarm him, as it completely changed the existing film and television industry landscape and affected major entertainment plans.

If they knew about this in advance and made arrangements in advance, they could have tied up the principal's funds and tied him up in it, making it impossible for him to extricate himself and use whatever money he had.

It's very simple. Alibaba and Tencent entered the market early, increased the value of Bona's assets, and issued new shares for them to buy at a low price.

It is entirely possible to increase Bona’s assets several times.

Or perhaps favorable conditions, looking for a third party to join!

Fatty Yu had promised them generous conditions before, hoping that they would help him.

Unexpectedly, the principal did not give them any time to react.

Jack Ma was also discussing this matter. He was still the same, his small body nestled in the soft leather boss chair, holding a cigar in his hand, and exclaimed: "Steady, accurate and ruthless, Bona's acquisition was not unfair."

After all, he had fought with him for several rounds. How could Fatty Yu have the wisdom to fight with the principal?

No matter in terms of strength or IQ, it’s not possible!
"We can't let the principal do this. If we do this, our large-scale entertainment, Tao Piaopiao, and Phoenix Cloud Intelligence systems will all be affected." Fan Luyuan worried.

The two major film production companies, Yutu and Bona, have basically unified half of the film production in mainland China and Hong Kong.

From now on, all the good movies and the movies that sell well at the box office will be from the Yutu system, so Alibaba’s Tao Piaopiao will have no movies.

If there are no good movies and no box office hits, then they can also curb the promotion of Phoenix Cloud Intelligence to theaters.

Without the Tupiaopiao system, you can’t sell tickets, it’s that simple.

Of course, this will be a lose-lose situation, but who knows how powerful the principal is, what cards he has, and what tricks he will use?

Jack Ma took a puff of cigarette and said nothing. He also knew that if they continued like this, the principal's big entertainment would be the first to take shape, while theirs would still be on the way.

There has been a lot of competition in the big entertainment industry. Not only Alibaba and Tencent are involved, but also Baidu, Huayi, and Guangxian.

Even Xiaomi and LeTV are doing it.

However, Xiaomi only dabbled in the film industry briefly, and started to develop video platforms together with 360, while iQiyi has investment from Shunwei Capital.

Nowadays, no matter what industry you are in, everyone wants to try their hand at competing in the entertainment industry. There is no other reason but to have open policies.

Fatty Yu had just finished a meeting with the executives and encouraged them. Those executives said they would follow him to the death and would never be reconciled with the principal.

If the president takes charge of Bona, they will all resign and leave Bona as an empty shell.

He said it with great enthusiasm, but Fatty Yu couldn't be happy. If that were true, then Bona, which he had painstakingly built up for decades, would be completely finished.

This was something he couldn't bear and didn't want to see.

Others have no feelings for Bona, but he has deep feelings for him, just like a child he raised himself.

At this time, Fatty Yu was sitting in the boss chair, looking gloomy and confused about his future. He didn't know how the principal would deal with Bona and what means he would use to deal with him.

"Husband, at worst we can fight to the death with the principal, sell off all of Bona's assets, and let the principal take over an empty shell." Peacock Princess pressed her husband's shoulders from behind.

They still have some time now, and the equity transfer is not the end of the matter. Yuanmeng Tiancheng still needs to submit a transfer application to the US Securities and Exchange Commission.

Of course, the United States will not care about such a small company. It does not involve monopoly or anything like that, so this is easy to deal with.

The main reason was that it was somewhat troublesome to submit for approval from domestic regulatory authorities, which was also the reason why Fang Hong did not acquire the business in his own name.

Just like the merger of Huya and Douyu, it was stopped by market supervision.

After all, Bona is a company registered in the country, and there are only a few film and cultural giants like it.

"What nonsense are you talking about? This is the empire I have built after decades of hard work. All my life's efforts have been put into it." Fatty Yu turned his head and suddenly jumped up.

The Peacock Princess was frightened and dared not speak anymore.

Women simply don’t understand how hard it is for men to build a career, and how many hardships and tears they have to endure.

They don't understand and can't empathize because they haven't experienced that struggle.

There is a saying that a man's success depends on his career, while a woman's success depends on the man she is with. In other words, only when a man is successful in his career will a woman feel that he is attractive and worthy of trust.

Of course, it is not absolute. Many women have very positive values, such as Liu Tianxian. "We still have a chance. If it really comes to that, I will fight to the end and will not give Bona to the principal." Fatty Yu calmed down a little and softened his tone.

I know I shouldn't lose my temper with my wife. She doesn't know anything and only cares about dressing up.

How can you just sell assets whenever you want? If you do that, and sell them just because you see they are about to be acquired, it will be a mess and you will go to jail.

"I support your husband."

The Peacock Princess encouraged him, pressing her hands on his shoulders. Then she put her hands through his collar and lowered them into his clothes. She bent over and breathed into his ear, saying softly, "Do you want to relieve your sexual desire?"

"I'm not in the mood right now." Fatty Yu patted her face with his backhand, then leaned back in the boss chair.

However, he had a worried look on his face as he was hesitating whether to continue seeking help from Alibaba or from Tencent.

When the principal acquired his company, those two guys kept telling him that it was okay and that he should not worry.

Now, not only did I not feel relieved, but I was even more worried. I was worried to death.

The Peacock Princess didn't say anything, but continued to massage him, touching him from time to time.

"Don't disturb me. I want to call the principal and feel his opinion." Fatty Yu said, then stood up, picked up the phone on the table and dialed the number.

He decided to call the principal and solve the problem himself if he could.

If the principal wants money, just give it to him. At worst, you can pay off the debt slowly. You can still afford to pay it back with more than one billion yuan of capital. You just need to sell more profits.

The call was quickly connected, and the principal's familiar voice appeared: "Hello, who is this?"

In fact, Fang Hong knew who it was. His secretary had already informed him and he said that on purpose.

"Principal, I'm Yu Dong." Fatty Yu said in a serious tone.

"Oh, Fatty! Sorry, I just called you that. I hope you don't mind." Fang Hong's tone was teasing and relaxed, as if he didn't take him seriously at all.

Being called "Fatty" to his face, Fatty Yu felt insulted, but he had no choice but to suppress his anger.

"No problem, let's talk business. I just want to ask, what is your intention in acquiring Bona?"

"You must be mistaken. I didn't acquire your Bona." Fang Hong refused to admit it.

"Liu Xiaoli is your mother-in-law. Without your support, I don't think she would have the ability to acquire Bona." Fatty Yu changed his words and said that it was Liu Xiaoli who acquired it.

"So what?" Fang Hong admitted it this time, as long as it wasn't said that he acquired it.

When asked if he had acquired the business, he refused to admit it.

"Let's negotiate the terms. I am willing to buy back your shares at a price higher than the market price." Fatty Yu went straight to the point.

"How much taller are you?" Fang Hong asked again.

"You spent 2.59 million US dollars, and I'll give you an extra 3 million. How about million US dollars? I'll let you make million US dollars." Fatty Yu felt that his offer was already very generous.
The principal made 3.5 million dollars, or million yuan, from this transaction, which is much better than making a movie.

There is no such high return from making movies.

"Hehe, can you take it out?" Fang Hong smiled without comment, laughing at him for overestimating his own abilities.

If I could have taken it out, it wouldn't have been acquired by him and I could have completed privatization myself.

"Principal, I can't take it out now, but I will definitely pay you back. You can also hold my Bona. When I raise enough money, you can sell it to me. If the market value of Bona increases, you can sell it to someone else. If the market value does not increase, the minimum price is 3 million US dollars."

What Fatty Yu said sounded very nice and was very sincere!

The main reason is that there is no other way, in order to prevent Bona from being controlled by the principal.

But Fang Hong didn't buy it. He said, "Well, I'll give you a plan. Turn $3 million into $5 million. You can't pay it back in one or two years. I have to make some money after accounting for inflation. Otherwise, why would I bother with so much effort? Since you can't pay it back in one go, I roughly calculated the principal and interest. You will have to pay me back a total of 52 billion."

"How can I afford to pay it back?" Fatty Yu blurted out. This is even more horrible than usury, and the amount increased by more than 30 billion in one go.

"I haven't limited your time. I've been very lenient with you. If you really can't pay it back, you can use movie box office, film and television copyrights, and theater revenue to repay. Bona is still yours, and I won't interfere. How about it?" Fang Hong proposed a plan.

"You want me, Bona, to be a slave for generations. I will not sign such an agreement with you." Fatty Yu seemed indignant and very resentful.

Judging from Bona’s current profit situation, if the interest is compounded, it is really possible that the people will become slaves for generations.

Even at the peak of Bona's career, its profits were only around 3 million yuan. If the amount of 52 billion yuan remains unchanged, it will take 17 years to pay it back.

In 17 years, the youth of a generation has passed. The principal is too cruel.

Moreover, Bona does not have such high profits every year, and it cannot use all the profits to pay off debts. It needs to develop, so Bona will have to work for Yuanmeng Tiancheng for about 30 years!
30 years! Who can bear 30 years of debt all at once except for the idiots who are house slaves?

Only Liu Tianxian has done such a stupid thing, guaranteeing Fang Hong's debt of 63 billion yuan, but that was true love.

This is obviously an unfair clause, adding more than 3 million dollars on top of the 4.4 million dollars.

"It was you who wanted to solve the problem with money. I gave you a plan, but you didn't agree." Fang Hong said in a relaxed tone. It was obvious that he was asking for a huge sum of money, and he was sure that Bona could not afford it.

At that time, it was difficult for Yutu to find connections to borrow 63 billion yuan, let alone Bona!

"I don't think I have anything to talk to you about. You don't want to solve the problem at all." Fatty Yu was so angry that he hung up the phone with a "click".

The negotiations between the two naturally ended in a bad mood!

After hanging up the phone, Fatty Yu slammed the table with a bang, angrily saying, "Principal, f**k me, you're going too far."

"What's wrong?" Peacock Princess leaned closer with her pretty face.

"I'm very angry now!"

Fatty Yu pulled Peacock Princess over and pressed her head down.

(End of this chapter)