America's Road to Fame

Chapter 152 Twentieth Century Fox?
Prior to this, he had already contacted Hastings, the CEO of Netflix. At first, the other party thought that William Chen was here to indict the teacher. Unexpectedly, William Chen told him directly that, as one of the shareholders of Netflix, he thought that He is obliged to maintain the company's stock price at this moment, so he plans to increase his holdings of Netflix's stock.

At the same time, William Chen assured that the shares he increased his holdings would be the same as the shares he invested in before, and would follow his guarantee to Hastings, and would always stand by his side and support his decision on the company's operations.

Suddenly, Hastings was greatly moved.Through observation during this period of time, he also confirmed that William Chen did abide by the previous agreement, never dictated the operation of Netflix, and always supported his control of the company.

Now, when the stock price is plummeting, not only has he not complained, but he will continue to increase his shareholding and use this action to support the company.Where can I find such a good investor who does not command indiscriminately and can help him stabilize the company.

It's completely different from those other flirtatious sluts. Those other early investors have called countless times to ask what's going on with his company.

As long as he can guarantee his control over the company, he absolutely supports William Chen to become the major shareholder of the company, so he expressed this attitude very happily on the phone.

It’s not that he’s blindly optimistic. The agreement is already there. No matter how many shares Chen William holds, he can only discuss with him at most, and through the company’s growth and return on investment, it’s impossible to take away his interest in the company. of control.

And these were originally William Chen's goals. If he manages the company himself, he will not do better than Hastings.And he retains appropriate leverage over the company.With such a useful tool, why do you have to go to the end yourself?

Soon, Camilo Hagen gave the results of the investigation on Netflix. At present, most of the shares of Netflix are scattered in the hands of those institutional investors. After multiple financings and IPOs, including More than 20 funds with the highest holdings, including Blackstone Fund, hold more than 40% of Netflix's shares.

After receiving the authorization from William Chen, Camillo Hagen ordered his subordinates to contact these institutions and start negotiations on the acquisition of Netflix shares in their hands.

William Chen then contacted Wendi Deng and talked to her about charitable foundations for ethnic minorities—in fact, mainly Asians.

Wendi Deng is very positive about this. Anyone who has lived in the United States for a few years can understand the great influence of these charities. If it is possible to unite some rich Asians to develop this foundation and unite the power of Asians in Together, it will bring great influence to everyone, and Wendi Deng is well aware of this.

For this reason, Deng Wendi specifically put aside the matter of the movie "Snow Flower and Secret Fan", handed it over to others temporarily, and went to Silicon Valley with William Chen, where Yang Zhiyuan will hold several charity galas, inviting famous American Rich Asians and company executives discussed the establishment of this charitable foundation.

"William, I heard that your private equity fund has a very high return this time? I saw that your fund manager said that the return rate has exceeded 400%."

On the plane, Wendi Deng talked with William Chen about his private equity fund with a look of surprise.Before that, she personally invested $3 million in Fund No. 500, which also means that these investments have now become $2500 million.

"Yes, Wendi, you should know about the recent subprime mortgage crisis, and our No. 3 fund is mainly shorting the real estate market and the stock market. Because the direction is right, it is not surprising to have such a high return."

"It's unbelievable. I regret it now. I should have invested more at the time. There was nothing I could do. You know, I don't have that much personal funds."

Deng Wendi said with a little regret in her tone.

At this time, she looked at William Chen beside her, feeling very emotional in her heart.When I first met him, William Chen was more like a rich second generation who squandered his family property lavishly. At that time, his assets were not taken seriously by Deng Wendi, but now it is completely different.

As the proprietress of News Corporation, Deng Wendi is still very well informed. The news that William Chen is currently acquiring Marvel is not so secretive. After all, Goldman Sachs has begun to contact those shareholders on a large scale, and there will always be news revealed of.

And when she heard from Murdoch that William Chen, who is likely to be the biggest beneficiary of this crisis, will have assets of more than 100 billion U.S. dollars, one can imagine the shock in her heart. You must know that because of the economic crisis At this time, Murdoch's assets are only this figure, and William Chen is only 21 years old!
This is why when William Chen mentioned this charity to her, she was so enthusiastic and even temporarily left her film work and came here together. Before she knew it, her attitude towards William Chen was completely different.

Although it can't be said that she looks up to him, William Chen is already worthy of her attention.And with her relationship with Ivanta, and her previous friendship with Chen William, Deng Wendi also expected that the other party's strength would be stronger.

"By the way, Wendi, I wonder if Mr. Murdoch intends to sell Twentieth Century Fox?"

Chen William knows that Murdoch has not been going well recently. On the one hand, as early as 2005, there were accusations against their tabloids of wiretapping in the UK. This year, the matter began to intensify, although it did not reach the level two years later. , but it is enough for him to deal with it carefully, otherwise, if he is not careful, News Corporation may have great shocks.

Although he has woven a large network of relationships in the UK, there is also a party that is not good to him and pursues him fiercely.

The financial situation of the entire News Corporation began to deteriorate due to the outbreak of the subprime mortgage crisis. Therefore, at this time, William Chen also wanted to inquire about the possibility of buying Twentieth Century Fox from Murdoch. sex.

"Twentieth Century Fox? Do you want to buy it? William, you know, this is our core asset." Wendi Deng was indeed taken aback by William Chen's sudden question.

"I know Wendi, but the company is far less important to News Corp now than it was in the first place, isn't it? And you know the economy, I'm sure there's nothing for sale in Mr Murdoch's mind , it all depends on the price. So I just want to know the feasibility of buying this company from you."

Chen William said indifferently: "And I have not finalized my goal yet. I hope to acquire a film company with sufficient strength, but there are not many choices now. Legendary Pictures, MGM, and even Paramount are all there. possible."

To be honest, Chen William wants to buy Twentieth Century Fox mainly because they own too many superhero copyrights of Marvel Corporation, so since he is destined to acquire Marvel Corporation and start to build the Marvel Universe, then try his best to take back these superheroes The copyright is also a necessary thing, otherwise he worked so hard to promote the Marvel Universe, and then other companies followed suit to release related movies and pick up ready-made ones, wouldn't it be a wedding dress for others.

So if it is not for this factor, as he said, other companies are more suitable.

"I don't know about this either. If I have a chance, I can help you ask, William, but in my personal opinion, this possibility should not be great."

Even though Deng Wendi has reassessed William Chen's weight, she is still not mentally prepared for him to acquire [-]th Century Fox from Murdoch.

"It's all right, Wendi, it's enough to just ask Mr Murdoch, anything is possible, isn't it? I think there's no harm in taking the plunge."

"So you really have confidence in Marvel's superhero movies?"

It seems that Wendi Deng is also a smart person, but William Chen will not admit it so easily:
"Which boy is not fascinated by superheroes? I'm just not satisfied with the shooting efficiency of Marvel Studios, and I also have problems with the way I invested in movies before. Now I don't look forward to the slow development of a company like Future Pictures. Compared with this, it is more efficient to acquire a large company with sufficient weight."

"Then why [-]th Century Fox?"

"I don't like trouble very much. Although there are many alternative companies, relatively speaking, it is more convenient to buy Twentieth Century Fox, isn't it? For other companies, the shareholding structure is too troublesome, and there are so many creditors to go Communication, the entire acquisition took too much time.”

(End of this chapter)