Huayu: Director started with art films
Chapter 426 437 [Group Shareholders Meeting, Preparations before Yahoo's IPO]
Li Yishu thought about it.
Baleno is indeed a brand, and it will appear in movies as a brand in the future, and even have a line from a Huangbo actor, which shows that it is definitely a "light luxury" brand.
It's just that he knew nothing about the clothing industry and had no plans to invest in it.
When he first started Piero Men's Wear, he only owned a small share, and that was only because of the support from the LV Group behind it.
If we really let him do it himself, he will definitely not be able to do it well.
Li Yishu glanced at Li Jiaxin and saw that she was full of anticipation. After thinking for a moment, he smiled and said, "I am interested, but I don't have time to deal with these things."
"I'll contact you!"
Li Jiaxin said excitedly: "Dear, leave this to me, I will contact them."
"Okay, then you come and contact me. Call me anytime if you have anything."
Li Yishu smiled.
Money is for women to see, not to spend. This sentence still has value.
Anyway, Li Yishu doesn’t think Li Jiaxin can handle it.
But the same thing goes, if Li Jiaxin can handle it, he doesn't mind spending some money to buy it, and then contact the LV Group to let them take a share.
The two parties cooperated to build up the Baleno brand.
Just like Pioneer VCD.
Li Yishu doesn't have that much energy to take charge of this matter.
Therefore, he doesn't mind taking a piece of the Baleno brand, as the LV Group is a leader in the global luxury goods industry.
With their help, Baleno will surely become another "famous brand".
"Honey, I'm thinking about it again."
Wealth is the best stimulant. After getting Li Yishu's affirmative answer, Li Jiaxin's eyes were seductive.
Seeing that she was so feverish, Li Yishu smiled and said, "Since you want to, then just hold it in your mouth."
Li Jiaxin gave him a charming look and then lowered her beautiful mixed-race face.
Two days passed in the blink of an eye.
Wenjun has written a new script and assembled a crew to reshoot some scenes.
Li Yishu also started working with Amy to carry out the first round of financing for the Art Media Group.
Because this round of financing was by invitation only, everyone had privately informed each other in advance, and the financing shares that each of them would receive had already been determined, so the financing went smoothly.
Based on the $8 million valuation given by Yongan Accounting Firm, a total of $1.6 million was raised.
In other words, Li Yishu took out 20% of the shares to distribute to the five financing partners, an average of 5% per person.
It’s not much, but considering that there is a second and final round of financing, it is acceptable.
When it comes to the second round, Li Yishu will also invest in it.
However, he will not raise funds in his own name, but anonymously through offshore companies, which is equivalent to transferring funds from the left hand to the right hand.
As for this valuation, since it was endorsed by Yongan Accounting Firm, the five investors had no objection at all.
Each of them contributed a total of US$1.6 million, which converted into Hong Kong dollars is 12.9 billion.
Such a large sum of money has arrived in the group account.
It is of course impossible to stay in the bank and earn interest. The group must be developed and strengthened.
3 month 28 number.
Central Building.
Arts Media Group.
In the conference room.
Li Yishu chaired the meeting as the chairman.
It was also the first board meeting after the establishment of the group’s board of directors.
Lin Baixin, Qiu Fusheng and Yang Shoucheng were present in person. Sony Group and Toho Corporation also attached great importance to the event and each sent a vice president-level executive.
Amy, Huo Wenxi, Monica, Yongmei, Ichiro Tanaka... and other group executives also rushed to participate.
"Everyone, today is the first board meeting of our Art Media Group. It is also the first high-level meeting after the group's reorganization..."
Li Yishu first made a brief opening speech, then turned to Amy and said, "Amy, as the president of the group, please tell us about the business development of our Art Media Group last year."
"It's the chairman."
Amy nodded, stood up, and began to report on the group's business development: "In 1995, our Art Media Group achieved amazing business results. American Art Film Company participated in the investment and filming of "Wrong Turn", "Final Destination 2", "Saw" and other films.
At the same time, we have successfully reached a long-term cooperation with the American Theater Alliance in terms of distribution channels... Last year, the art film company's revenue reached 20 million US dollars.
China Xiangjiang Art Film Company has participated in the production of many films and TV series, including "New World", "Knife", "Fallen Angels" and other films, with revenue reaching 5700 million Hong Kong dollars...
China Taiwan Art Film Company has participated in the production of many films and TV series...
Mainland China's art film companies participated in the "Three Kingdoms Red Cliff" with an investment of more than 6000 million US dollars...
Japan Art Film Company, Japan Music Times Records Company, Japan Art Publishing House...
European Art Film Company...
It has successively acquired Hong Kong Asia Television and Ming Pao Group... Last year, the group's total revenue reached about 1.5 million US dollars. "
It was the first time that everyone heard such a detailed group report.
This includes Li Yishu herself.
However, in terms of revenue, Li Yishu did not expect that without Asia Television, the other companies only earned more than 50 million US dollars last year.
This number sounds good, but the profit is indeed a bit low.
But then she thought again, the big movie company that makes real money, Lion Films, had not been merged into the Art Media Group, and Li Yishu felt relieved.
Golden Lion Pictures can be said to be Li Yishu's most profitable company at present. Last year, the box office revenue and the share of revenue from videotapes and VCDs alone were estimated to be no less than 1.5 million US dollars.
Of course, the money will not be settled to you all at once. The box office revenue of domestic films in the United States is settled within three months to six months, while it will take even longer for overseas films. If it is delayed for too long, it may take one or two years.
Fortunately, in terms of overseas distribution, Lion Films has always been cooperating with Sony Columbia.
Now that Sony has acquired a stake in Arts Media Group, with this relationship, I think it will not deliberately delay the payment of overseas box office revenue.
“I believe everyone has heard it.”
After Li Yishu asked Amy to sit down, he smiled and said to everyone, "According to Chinese customs, we have only been in the new year for less than a month, so the development of our group must be diversified..."
He spoke eloquently about the group's future direction.
It was not until more than half an hour later that Li Yishu ended the meeting.
The reason why it ended so quickly was because of the presence of the board of directors. Some orders were difficult for Li Yishu to issue, so it was better to wait and hold another meeting of the group management.
At noon, the group went to the hotel they had booked in advance to have lunch.
In the afternoon, two representatives from Sony Group and Toho Corporation also took a plane back to Japan after touring the company. From the moment they decided to buy shares, they intended to invest, not just take over the company.
Therefore, apart from arranging necessary director representatives, they will not participate in the management of the group.
It's about four o'clock in the afternoon.
In the chairman's office.
Fortunately, Li Yishu has been exercising properly during the filming.
Otherwise, after feeding Huo Wenxi, Li Jiaxin and Lan Jieying one after another in the past few days, he might not be able to deal with Monica.
Speaking of which, Monica and Gong Li are of the same type.
After the battle between China and the West, Li Yishu picked up the cold wolfberry water on the table and started drinking it.
Monica's hair was disheveled and her face was flushed, as if she was reminiscing about the feeling of floating in the clouds for a long time.
The two of them relaxed for a moment.
Li Yishu sat in the boss chair, Monica snuggled in his arms, and whispered, "Yahoo is about to start the fourth round of financing. I heard from Yang Zhiyuan that they must promote the listing after this round of financing."
"If he doesn't push for a listing, I'm afraid his shares will be completely diluted."
Li Yishu was not surprised by Yang Zhiyuan's decision. Last year, Sequoia Capital specifically contacted Michael Moritz, the head of Yahoo Investment, and went to find Monica once.
It said it was conducting its third round of financing and also stated that it would arrange a listing this year.
But in February, Sequoia Capital took the lead in starting the fourth round of financing.
Yang Zhiyuan was very unhappy because after three rounds of financing, the shareholding ratio held by him and his team was already very low.
But there was no way. The company no longer belonged to Yang Zhiyuan, even if he approached Monica privately, hoping to get her support.
But after Monica made a cross-border call and contacted Li Yishu, she finally agreed to Sequoia Capital's fourth round of financing.
However, Monica also proposed at the board meeting that this must be the final round, and that venture capital companies such as Sequoia Capital must take Yahoo public before August this year.
Because the amount of financing is too high.
The second round of financing was US$1 million, the third round of financing was US$3 million, and this time the amount of financing is as high as US$5 million.
If a fourth round of financing is carried out, Yang Zhiyuan and his team's shares would have been reduced to 7.6% by now. This is because Sequoia Capital gave in and promised not to dilute their shares too much, otherwise the shares would have been even lower.
Yang Zhiyuan was just angry about this, but he had no other options.
Monica asked curiously, "Should we follow suit this time?"
Li Yishu asked back, "Do you think we should continue?"
"Based on the current enthusiasm in Silicon Valley, I think I can continue to invest." In the past two years, in addition to working as a producer, Monica has devoted most of her energy to learning about investment and the Internet.
When she was in Italy, she studied law. People who can study law must have a high IQ, and with the broadening of her horizons, she also had the advice of a team.
Monica is very optimistic about the market prospects of the Internet.
In February this year, according to a US technology magazine, the number of Internet users in the United States has surged from 500 million at the end of last year to 1000 million, and the number of Internet users worldwide has reached 4000 million.
As the hottest Internet company in the United States, Yahoo is pursued by most investors and has raised hundreds of millions of dollars in financing.
Its value has always been favored by the market.
It is understandable that Monica wants to invest as well.
Li Yishu thought about it and said, "Then continue to invest, but you have to do it differently."
"Change your behavior?"
"Well, you find someone to re-register an offshore company and buy out 4% of our shares."
Li Yishu currently still holds 25% of the shares. When the company goes public, she will have to take out at least 5%, which will only leave her 20%.
This time he wants to reduce his shares further in order to be less conspicuous.
Besides, Li Yishu no longer has that much money to continue investing.
The best way is to get a bank loan. He plans to find a bank loan in Hong Kong and transfer the money to an offshore company for financing.
In this way, after Yahoo goes public, he will gradually reduce his holdings based on the market value.
Until just before the Internet bubble in 2001, he sold all of his Yahoo shares.
The original idea was to cash out $200 billion, but at that time I didn’t understand the stock market and was too naive.
Now Li Yishu thinks that it would be good enough if she could get tens or hundreds of billions of dollars.
But no matter how much he can get out, it is a huge profit for Li Yishu. At least based on the amount of his investment, it has increased by at least dozens of times.
Such a large amount of money must be invested in other Internet industries.
Google, Amazon, etc. in the United States, and Sohu, Sina, Penguin, NetEase, etc. in China, and at the same time they have to develop their media groups.
"I know dear."
Monica roughly understood what Li Yishu meant.
Yahoo is going to be listed soon. According to the existing data, Yahoo's market value after listing will definitely not be low, and it may even double.
By that time, holding a large number of shares would not be a good thing.
Li Yishu asked, "By the way, do you know how the preparations for the "Rush Hour" crew are going?"
Monica shook her head. "I'm not sure about that. I'm still in charge of the Face/Off project, but I think Rush Hour should be almost ready. I heard that the preliminary screening of actors has been completed, and they're just waiting for you to go to the United States to decide on the role."
"Well, after the meeting tomorrow, I will go to the United States."
Li Yishu nodded, the casting of "Rush Hour" could not be delayed any longer.
After the casting is completed, he will return to China to finish filming "Red Cliff" in one go, then make a rough cut of the first "Red Cliff", and then return to the United States to film "Rush Hour".
Lee Ye-su asked again, "How is the 'Face Off' project going now?"
"Not bad, Nicholas is a genius."
Monica admired and said: "I have also been an actor for a few years, and I always thought that I just lacked an opportunity, but after seeing Nicholas' acting skills, I realized that maybe I am not suitable."
That's for sure.
This period was the peak of Nicolas Cage's acting skills!
If Li Yishu remembers correctly, after "Face/Off", Nicholas completely embarked on the path of commercial films. Until 2010, most of the commercial films he starred in were big hits.
He was so popular at the time that even DC asked him to audition for the role of Superman.
“It’s actually quite good not to be making movies.”
Li Yishu touched Monica's big word "Thunder" and said with a smile: "I also plan to manage the group's business well after finishing the movie this year, and make time to accompany you."
"Honey!"
Hearing this, Monica was very happy and whispered a few words in his ear.
Li Yishu's eyes lit up, and while he was excited, Monica squatted down.
Italian hamburger with Chinese sausage. (End of this chapter)
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