Rebirth of the Great Entertainment Empire

Chapter 570: Expansion continues

With the support of Xu Cun's extensive contacts in the banking industry, Zheng Haiquan and others took advantage of the stock market crash to acquire a bankrupt bank with a good foundation. The acquisition of a bankrupt bank went very smoothly. In just over a month, Zheng Haiquan and others helped Xu Cun in the United States, Australia, France, and the United States. Germany, Sweden, Italy, the Netherlands, Japan, Hong Kong and Singapore have acquired dozens of banks of various sizes with good foundations.

Among these banks, one of the largest and most successful banks that Xu Cun acquired was Societe Generale.

Societe Generale is one of the largest commercial banks in France, headquartered in Paris, it was established in May 1864, the full name of "France Promotion of Industrial and Commercial Development Corporation".

Societe Generale has a total of 2,873 branches at home and abroad, mainly in the United Kingdom, Belgium, Switzerland, Austria, Spain, Tunisia, Morocco, Congo, Japan, Iran, the United States, Canada Thirty countries and regions.

Initially, Societe Generale was a private bank.

It was nationalized in 1946.

In 1979 the state controlled 93.5 percent of the bank's capital.

Then transfer to full control.

Last year, the French government decided to privatize 60 nationalized companies.

Therefore, in mid-June of this year, the shares of Industrial Bank were publicly sold to the public.

In this way, Industrial Bank has become a private bank again.

But the timing of Societe Generale's transition from nationalization to privatization was very bad - the bank was just listed on the Paris, Tokyo, and New York stock markets, and the stock market crash came, and the Paris, Tokyo, and New York stock markets were all stock market crashes. hardest hit area. As a result, the bank's assets will inevitably be seriously undervalued.

As soon as the news of Xu Cun's acquisition of the bank's expansion came out, Amede Meunier, the group chairman of Credit Agricole, which benefited greatly from Xu Cun's stock market crash, approached Xu Cun to discuss the division of Societe Generale with Xu Cun.

In addition to looking for Xu Cun as a partner, Amede Meunier also found a lot of local French capital to buy Societe Generale together.

These powerful forces have attacked the unlucky bank, Societe Generale, how could Societe Generale be able to withstand it?

In just a few rounds, Societe Generale, which suffered heavy losses in the stock market crash, was taken over by Xu Cun, Credit Agricole Group and other forces.

When splitting the spoils, Xu Cun merged all the assets that could be fully divested from Societe Generale into Baye Bank, and finally left Societe Generale's 6% equity in the name of Baye Bank.

In addition, in the process of attacking Societe Generale, Amede Meunier sold 4.6% of the shares of Crédit Agricole Suez Bank to the hegemony bank on the grounds of insufficient funds, forming a permanent interest with Xu Cun. alliance.

...

Lianmei Cinemas was established in 1924 by the film studio of the same name, Lianmei Film Production and Distribution Company, and then the chain operated independently from the studio.

In the late 1940s, United Cinemas was acquired by the Naify Brothers' Golden State Cinemas in the San Francisco Bay Area.

The stock market crash caused heavy losses to the naify brothers. Out of desperation, the naify brothers could only package and sell the Lianmei Cinemas.

Originally, the naify brothers were going to sell Lianmei Cinemas to Cheng Communication Company.

pity--

Just when the telecommunications company was lowering the price with the naify brothers, the rich and powerful Emperor Cinemas intercepted Hu from the telecommunications company at a high price. After a while, it was decided to set up an American company called 'Emperor Cinema Line' under the name of Claudia, who has American nationality. DreamWorks Group accounted for 80% of the shares of Emperor Cinema Line. Jiang Zhiqiang personally It accounts for 20% of the shares of Emperor Cinemas, and all the fixed assets of Emperor Cinemas are transferred to the name of Huangtu Land. In other words, Emperor Cinemas is a professional cinema company without any cinemas. ).

In addition to the acquisition of Lianmei Cinemas, Emperor Cinemas has also formulated a strategy of annexing small cinema chains and building new modern multiplex cinemas to grow and expand - less than two months after the stock market crash, Imperial Cinemas was selected. Forty-seven modern multiplex theaters are located, and construction has already begun. In addition, Emperor Cinema also acquired cobbtheaters, rctheatres, and other small cinema chains.

As of the end of December 1987, Emperor Cinemas had a total of 366 theaters and 4,521 screens in 26 states and the District of Columbia.

In addition, the expansion of Imperial Cinemas in the United States continues...

...

The Westward Journey of DreamWorks Music Group did not go very smoothly.

Although Zheng Donghan set up the framework of DreamWorks Singing Factory (US branch) and DreamWorks Singing Factory (European branch).

But these are of little significance to a record company.

For a record company, the most important thing is always the channel of its singers and the release studio.

Needless to say about channels, how could the newly arrived DreamWorks Singing Group have any channels?

At present, Zheng Donghan is preparing to acquire a singing company with perfect sales channels, so that DreamWorks can gain a foothold in Europe and the United States.

In terms of singers, in fact, there is no need to say more - there are many Asian singers, DreamWorks Singing Group, but when it comes to European and American singers, DreamWorks Singing Group is blind. It was not until Xu Cun brought the girls back to Hong Kong from the United States that Zheng Donghan found a New York girl named 'Debbie Gibson', and asked a master to make "onlyinmydreams", "shakeyourlove", "outoftheblue" and other youthful novels for her. song.

...

The initial phase of DreamWorks Television Network's acquisition of CNN was not a smooth one. Although CNN has not yet established a TV network, Ted Turner has the right to use satellite transmission for CNN, which he won through legal means. In addition, on the previous major news events such as the "Assassination of President Reagan", "U.S. Army Invasion of Panama", "Removal of the Berlin Wall", "Moscow October Incident" and other major news events, CNN took the lead in reporting on the spot. . All of this makes Ted Turner unwilling to sell CNN.

certainly--

The Gulf War that pushed CNN to its peak has not yet happened~www.wuxiamtl.com~ Now the future of CNN is still unclear.

In addition, Ted Turner suffered heavy losses in this stock market crash.

The most important thing is that Xu Cun offered Ted Turner the conditions for acquiring CNN so superior that even Ted Turner could not refuse.

So, after Barry Cindy talked to Ted Turner a few times, Ted Turner finally agreed to sell CNN, including MGM's film library, to Xu Cun, and signed a contract with Xu Cun, which is more than the previous life. He sold CNN to Time Warner eight years earlier.

After divesting CNN's fixed assets into Huangtu Land, and then merging CNN into DreamWorks TV Network, DreamWorks TV Network will suddenly become the fourth largest TV network in the United States, which can vaguely compete with the three major TV networks in the United States.

By the way, since CNN was bought by Xu Cun privately, Barry Cindy's shares were diluted again, leaving less than 2%.

...

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