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Extraordinary Genius

By Qiong Si

Ambushes Sony ( 1 / 10 )

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Sony does the matter, brought so many troubles to Taihua Holding Group, Feng Yu possibly has not counter-attacked, how possibly to swallow an insult?

Although these people on outwardly have broken the relations with Sony, this matter does not have the positive evidence to involve on Sony, so long as is not the blind person, can know that this matter and Sony cannot cut off the relations absolutely.

At this time the Sony superior service is PlayStation game console/video game, the digital video, the digital camera, the panel TV, cell phone, computer, the music player, this had not contained their movies, songs and other entertainment in the services.

And the movie and song, Sony is also top in the world, only then through a better work, can defeat Sony.

Sony once trump card Michael? Jackson the image slid recently for these years gradually, but hasn't the Sony new shouldering flag singer, achieved Michael? Jackson's altitude.

As for movie, along with the popularization of compact disc, Sony is relying on the huge film and television copyright, full that gains. Is good is interested in new movie because of nowadays the people, therefore the profit of Sony movie industry, gradually is also reducing.

The best means that attack the Sony expansion footsteps. At this time the Sony movie industry is seeking to purchase MGM movie Corporation, this is in Hollywood eight big movie Corporation, last independent movie-making Corporation, Corporation has such as 007, man ape Mount Tai and other super ip, this magnanimous film and television copyright.

These copyrights, although distributes to be able nobody will ask, but also very big uses, that is takes to rescreen.

Feng Yu remembers that the previous generation rescreens the movie, finally the box office makes people pleasantly surprised. Moreover in Feng Yu mind also some classical movies, needs competent Corporation to manufacture.

Reason that MGM the decline, is the movie that because they film only pays great attention to the plot, but does not pour to take seriously the effect. Goes to the movie theater, naturally hopes that can enjoy a visual grand feast, is good regarding the plot, do I buy the compact disc not to be good? To video website, the payment doesn't watch good?

Purchases the compact disc, the payment watches, wants cheap many compared with the movie ticket, because at home, but also comfortable, freedom, but can also duplicate to watch.

Therefore now the MGM main earning, sells out the plate, their compact disc manufactures, but also has given the Sony movie industry, because they do not have their compact disc manufacture factory!

The Sony movie industry settled on MGM that magnanimous copyright, its established movie Corporation rallying point, therefore plans to eat. But Sony movie industry enough cash, at least has not purchased actually MGM to be insufficient.

MGM again goes down in the world, by these copyrights, Corporation brand value, value four five One billion US dollars. Naturally, was unable to place on a par with other Corporation tens of billions US dollars values.

Sony invested recently in the fund in electronic were too many, for example the digital camera and digital video must guarantee the lead. For example music player product must pursue AIWA. For example the new plasma panel TV camp, needs to invest the money. For example the cell phone sales volume slides successively, needs to increase the investment. The computer sales volume slides successively, needs to increase the investment.

They have dominated several years of television video game(s), because also the G-BOX powerful rises, renewal of Nintendo, but has to increase the research and development to invest, strives soon to release the new style.

Therefore do not look that Sony the earning was good last year, to purchase MGM, but also cannot put out these money to come.

When first two years of internet/network bubble, the Sony stock price falls. Recently just recovered consciousness, but compared with it peak, has been short of over 30%.

Therefore Sony wants to purchase MGM, can only through the financing merger and acquisition , the US, very universal one merger and acquisition.

But Sony announced purchase plan that must use, is quite special financial leverage purchase, with the MGM property as the mortgage, issues the high risk bond, from other bank or investment institution mortgage loans.

For example Sony needs five One billion US dollars to purchase MGM, the property of but truly paying, perhaps only needs 10 million US dollars, this is the financial leverage purchase formidable place.

However meanwhile, if the MGM state of operation is good, the property starts to rise in value, the income that because the write-up assets bring, Sony Corporation is unable to share, after the loan and bond cash pays off, can normally make the income of operation and management.

Many people like purchasing this high risk bond, because the risk is higher, represents the income to be higher. Sometimes seems like the bond of trash, possibly brings hundred times of incomes. Naturally, more possibly is, this bond truly turned into the trash, scrap paper.

This is equal to a gambling, some people like, some people keep at a respectful distance. Wild with joy of success, Failed will not have the too big wound, so long as purchases are not many.

Previous generation Sony united several to invest Corporation, ate up MGM, then through a series of equity transactions and other method/trick, MGM income subordinates.

This also makes the Sony movie industry further expand, in the short-term, was the Sony movie industry has brought tens of billions US dollars earning, it may be said that unprecedented success.

However this is also overdrawing, overdraws the MGM brand potential, therefore afterward MGM fell into the bankrupt disturbance, finally was given telescope Corporation by the Sony drop.

Must purchase MGM, not only but film and television, includes the hotel, the resort and movie theater line, cafe many aspects. Feng Yu is only interested in film and television and institute line, as for the hotel, the resort, a Feng Yu interest does not have, to plan to strip actually, sells out.

But at this time, needed interested party to this aspect to join, for example Donald.

„Feng, you said that you do want to purchase MGM? Wants me with you together, completes this purchase?” In Donald expression some doubts, he only invests the real estate and stock generally, does not invest film and television.

„Donald, MGM does not have the film and television, the resort, hotel, cafe, are these you interested? Recently housing market in US, but has been rising.” Asking that Feng Yu smiles.

The US real estate price rises, as Donald of king of New York real estate, the property naturally is also unceasing rising suddenly. Donald regarding the real estate property, has crazy infatuated.

Donald eyes one bright, recently New York did not have what good real estate to invest, but other investment places, is a good choice.

„You said that after purchasing, the MGM service partition, real estate here turns over to me, other turns over to you?”

Feng Yu nods: „What kind, interested? You know, regarding hotel and other property operation and management, our Wind & Rain Holding Company group not specially good talented person, therefore can also guarantee in our hands does not owe, but in your hands, can guarantee that makes money!”

„Does Feng, when we meet chats carefully?”

„The day after tomorrow I fly to go to New York, we speak face-to-face!”

......

ps: Looked that the title knows, today ten. Has not thought of a Sichuan counterattack this book dragon embroidered costumes is unexpectedly successful, the fourth child made a bet with the friend, has won a meal food, humph humph humph humph ~( to be continued.)

Extraordinary Genius

Ambushes Sony ( 1 / 10 )

Ambushes Sony ( 1 / 10 )

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Ambushes Sony ( 1 / 10 )

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