China Entertainment Times

Chapter 695 Hundred Billion Assets!

Huaguo can't produce a real media giant. Whether it is Guangxian, a private enterprise, Southern Media, or Focus Media, none of them can afford the word "media giant".

Only large groups such as News Corporation, Time Warner, Viacom, Bertelsmann, Disney, etc., can truly be called media giants.

The TV stations under News Corporation can transmit news and TV programs to audiences in more than 24 countries and regions around the world 70 hours a day, and the number of TV stations in North America accounts for 40%.

It also owns the English-language newspaper with the largest circulation in the world, controls 40% of newspapers in the UK, 60% of newspapers in Australia, and a large number of news websites.

Europe, Asia, Huaguo, and News Corporation's TV stations can all cover it.

The other giants are also similar. The awesome ones can radiate the whole world, and the almost ones can cover the whole United States.

TV stations, publishing magazines, radio, newspapers, film and television entertainment.
Other things are easy to handle in China, and the TV station can't get it no matter what, no matter how powerful it is, it can't be helped.

In the Internet age, even the TV clients on smart TVs cannot compare with TV stations, let alone replace them.

Not to mention that you can't win the TV station, even other portals and Weibo are not so free.

Every time a sensitive issue occurs, the state will take action and order all websites and media to delete all disharmonious things.

For example, last year, the name of the honest and cute little bear Winnie the Pooh became a sensitive word in many places, and all the posts of Winnie the Pooh and Tigger Bar were deleted.

Even Winnie the Pooh was killed by Weibo and WeChat.

Private individuals cannot control public opinion!

But Tang An is still far from that step. Now Hantang Media only has three or four medium-sized publishing houses, and has invested in some local portal life websites and local newspapers.

After each matter was resolved, Wu Feng finally reported the situation of some companies that the group participated in the investment.

The C-round financing of Hantang Cinemas has not yet started. The previous B-round raised 3 million yuan, and the revenue of its theaters is enough to support expansion.

The movie theaters of the theater chain are mainly divided into two parts. Nearly 20% of the franchised theater chains have to go through strict qualification review.

In addition, 80% of the directly-operated theaters are also divided into two parts, one part is in the prosperous areas of first- and second-tier cities. Most of these theaters cooperate with major supermarkets, or cooperate with two major real estate companies, Poly and China, all of which are high-quality assets.

The third-tier cities, as well as the county seat, did not have much competition at the beginning, and the locations where they were located were all commercial centers with a large number of people.

Although the national average single-screen box office is currently declining, the Hantang Cinemas still maintain a steady growth.

There are a total of 190 directly-operated and franchised cinemas across the country, 150 more than Wanda’s 40. However, most of Wanda’s cinemas are luxury cinemas, and each of them can be regarded as a flagship store in an ordinary theater chain. This is incomparable.

Last year, the total box office of the Han and Tang Cinemas reached 12 billion, ranking sixth in the country and in the second echelon.The status of Wanda, Xingmei, and United Cinemas cannot be shaken for the time being.

The operation is in good condition, and the valuation has climbed to 43 billion. The group holds 82.1% of the shares and has an absolute controlling stake.

The B-round financing of Zhihu Forum is under negotiation and is expected to be raised at a valuation of US$2 million, which is not much higher than the A-round valuation of US$7500 million.

Softbank Wealth will participate in the B round of financing, with a share of 2500 million U.S. dollars, and the two companies will share 2000 million U.S. dollars.

The group is expected to invest 1000 million US dollars, increasing from the original 8% of the shares to 11.56%.

Today’s Toutiao is the fastest growing company, with a valuation of US$5 million. Its Series B round of financing was completed in September last year.

The C round of financing this time is also a big deal, directly financing 1 million U.S. dollars.

Hantang Media did not participate too much in the B round of financing. With the participation of Sequoia and Weibo in this round of C round, it can get a share of 2000 million US dollars. After the financing is completed, the share will also reach 19.17%.

It didn’t take long for Nuomi’s US$8000 million, mainly because Nuomi acquired a third-party payment license, and it was a payment company with a mature and complete business, which cost 1.5 million.

This price is not high, and the highest payment license transaction was as high as 30 billion.

There must be financing before the summer vacation, and the summer vacation is a battle of burning money.

Nuomi.com burns this money, and its valuation should be around US$13 billion before the summer vacation, while Meituan is seeking financing at a valuation of US$40 billion. This valuation includes Maoyan Movies. Now Meituan has not spun it off yet.

Financing 73.87 million US dollars, after dilution, there are still [-]% of the shares.

Ele.me’s valuation has also surged to US$4 million. It is expected to raise US$8000 million before the summer vacation. Dianping and Sequoia Capital will join in. Hantang Media’s 13.8% stake is almost the same as that of the insurance company. After all, Nuomi.com is the main.

Didi’s C round of financing has also started negotiations. It will raise 8 million US dollars at a valuation of 1 million US dollars. CITIC Fund and Fujixun will participate. Hantang Media can get a share of 1000 million US dollars at most, but relying on The shares won by the angel round before can still maintain 32.52% of the shares.

However, the taxi-hailing software has not yet started to exert its strength. At the end of this year, it will raise nearly one billion US dollars again, and He Kuaidi will conduct a share swap and merger. By then, there will be no more than half of the shares left.

In addition, Weibo still has 8% of the shares. Weibo has submitted an IPO application to Nasdaq. Various financial experts and professors have revalued Weibo. $50 billion.

The market value of Tudou Group has reached 27 billion US dollars, but it is still in a state of loss, and the group holds 34.7% of the shares.

The valuation of Han and Tang literature reached 210 billion yuan, and the group has a 62.06% share.

Xiaomi has 1.4232% of the shares, and its valuation is close to tens of billions of dollars.

In addition to these companies, the Investment and Development Department also produced a large list. After various researches and market inspections, more than 30 companies with relatively good prospects were listed.

Dajiang Technology for aircraft, Kingsoft Cloud and Qingyun for cloud computing, UBTECH and Mobvoi for artificial intelligence, and Zhubajie and Liepin for enterprise services.
Inside, Tang An saw many familiar figures.

Chen Shaojie hatched Douyu TV on the basis of station A, is seeking angel round investment, and station B has just promoted "The Return of the Great Sage".

There are more than 30 companies, covering almost all industries, many of which Tang An has never heard of.

Tang An roughly calculated in his mind the industries he has invested in so far, plus Tiantiandongting, Sogou, NC, Tiangong Yicai, and the three companies in the United States, etc., there are at least 400 billion.

This is not counting the film and television aspect. Hantang Films, which has been incorporated into Nuomi Films, has a valuation of 150 billion. The group has 92.13% of the shares, and it is about to conduct the next round of financing.

Tudou Films has joined the Variety Show Business Department, which should have a valuation of 30 billion, and the group also owns more than 90% of the shares.

There are also more than ten film and television companies under its umbrella, including the acquired Forbidden City Films, Beijing Culture, and Wuzhou Distribution, etc., with a total of 60 billion.

That's almost 230 billion.

Not counting the group itself, it already has 630 billion assets.

At present, the number one film and television stock is Huayi, with a market value of 400 billion. This figure is definitely inflated, and it can expand to 800 billion in two years.

Based on the market value of Hantang Group of 400 billion, Tang An's personal assets will exceed [-] billion.

It's not that he doesn't know, but he was taken aback. Even Tang An himself didn't expect that his net worth has reached [-] billion!

However, they were in a meeting, and Tang An didn't have time to feel emotional. Wu Feng was still waiting for Tang An's reply.

Tang An looked at the long list of company names and the detailed analysis below, without thinking much about it.

"DJI Technology, Kingsoft Cloud, Qingyun, and Douyu are the focus of attention. For other companies, all investments below 500 million will be invested. If the amount exceeds the amount, further investigation and analysis will be conducted. If the prospects are determined to be promising, they can participate."

Although Hantang Media is not as good as BAT and does not have such a large traffic, film and television dramas are also a good way to spread fame, plus they are rich, so I don’t know how many people are looking for investment.

Investment is to cast a wide net to catch more fish. Although Tang An doesn't understand half of the companies, Tang An also believes in Wu Feng's vision for these companies that are close to the unicorn level.

The big deal is to lose [-] to [-] million yuan. Compared with the super high income, this risk is nothing.

"Okay Tang Dong."

Wu Feng nodded in response. It took him half a year to find out these companies with nearly a hundred people in his department and hundreds of people in his subordinate data collection and investigation companies.

However, Chief Financial Officer Wang Wei said, "Dr. Tang, the company currently has less than 30 million in cash left in its accounts. These investments will add up to about [-] to [-] million. The merger between Bestone and Oriental Pearl may be completed at any time, and the other party will carry out tens of billions of cash. For financing, we need to prepare at least about [-] billion in cash.”

"There is also the acquisition of local life portals and paper media. I will give you a quota of 20 billion this year."

Tang An added, then turned to the secretary who was sitting on the side recording, "Zhou Li, make an appointment with President Zhang for me, just for two days."

Investment in this area is necessary, even if you can't control public opinion, you must have the ability to guide and disperse public opinion!

Money has to be spent in large sums, and money begets money is the last word.

Anyway, the bank's interest is nothing compared to the income, and the interest is only 60 billion a year for a loan.

After the merger of Bestone and Oriental Pearl TV, it will have a market value of 600 billion yuan in one resumption, which is double the market value of the two companies combined at about 700 billion yuan.

Although there is a 12-month period for lifting the ban, there is no need to worry about the market value of the new Oriental Pearl Tower within more than two years, and it is enough to withdraw between the crashes.

Moreover, even if the stock price does not rise, just by cooperating with Bestone license as a shareholder, the authorization and dividend fees can be negotiated at a lower price. Compared with other content parties, the money saved is very objective.

Besides, the country's crackdown on TV piracy is about to begin, and the most important thing is to get the authorization of the license as soon as possible, and occupy the market as soon as possible while the TV versions of other video sites are all offline.

A loan of 60 billion is not a big deal. Later, Guang Xian borrowed so much in the form of financing.

A conference runs from morning to afternoon, and there are too many things to deal with.

In the afternoon, video conferences were held with major subsidiaries of Hantang Films, Nuomi.com, Hantang Literature, and Tudou Group.

As for Zhou Shiwei, Liu Yu, Chang Jihong, and Zhou Jia's four major film and television companies, Tang An didn't have time to take care of so many, and it didn't matter much to the group even if they were worth several billion.

Several major subsidiaries, Tang An, did not interfere with the operation, but only listened to their reports and made some general direction suggestions.

PS: Oh my god, the protagonist has a fortune of hundreds of billions so quickly, I don’t think so while I’m writing it, but when I add it up, I realize that the progress is too fast, and it’s hard to edit later.
Please don't spray the unreasonable part of the commercial part, the author himself is a commercial noob.
(End of this chapter)