Reborn Japan for entertainment

Chapter 482 The 25 Million Acquisition Case
The world's record industry, in the last 20 years of the last century, has undergone constant changes, mergers and acquisitions, and finally formed the world's five major record companies: Warner, Universal, BMG, Sony and EMI.

But after entering the 21st century, in 2004, the year Sakamoto Kiyoshi made his debut, Sony Music officially merged with BMG.

Since then, the world's five largest record companies have become four major record companies.

With the passage of time, when the pointer of time came to 2007, EMI, one of the four major records, could not hold on anymore.

At the beginning of 2007, EMI was acquired by Terra Firma, one of the four major industrial funds in Europe, due to poor management and the double blow from online music and piracy.
Although Terra Firma Capital took over the heavily indebted EMI, it did not immediately throw out this burden.

Instead, through strategic innovation, continuous investment, and improvement of management level, EMI's debts have been repaid bit by bit.

Because of this, EMI Records was able to continue to survive, retaining the name of one of the four major record companies in the world.

However, what Terra Firma Capital did not expect was that four months after the acquisition of EMI, the subprime mortgage crisis broke out!
This global financial crisis is also like a slap in the face of Terra Firma Capital, which caused heavy losses to them who invest extensively.

Until September 2008, after the outbreak of the Lehman incident, the global stock market plummeted, and Terra Firma Capital, which owns shares in many companies, suffered a huge blow.

Therefore, at this time, someone from Terra Firma Capital came up with the idea of ​​selling its indebted companies to ease the company's financial pressure.

As soon as this proposal came out, it immediately received a large number of high-level support.

Under such circumstances, a large number of companies with poor returns and a lot of debt have been continuously sold by Terra Firma Capital.

And EMI Records, which Kiyoshi Sakamoto took a fancy to, is also one of these companies.

After nearly three months of negotiations, Yuichi Kagawa's phone call may have been a phone call to convey to Kiyoshi Sakamoto the final result of the EMI acquisition!
On the phone, Kagawa Yuichi's voice crossed the Pacific Ocean and reached Sakamoto Kiyoshi's ears.

"The acquisition of EMI has ended."

From Kagawa's neutral tone, Kiyoshi Sakamoto couldn't tell whether the acquisition was a success or not.

So, he had no choice but to threaten.

"And then? If you deliberately tease me like before, your year-end bonus will be gone..."

"..." Yuichi Kagawa on the other end of the phone was speechless.

Sometimes he really can't understand who is the real Kiyoshi Sakamoto.

Is it the charming Sakamoto Kiyoshi on stage, who is sometimes domineering and sometimes gentle, or this childish Sakamoto Kiyoshi who is joking with his subordinates and has no boss airs at all. . .

he does not know.

However, what he knew was that no matter who Sakamoto Kiyoshi was, he was worthy of his continued support.

that's enough.

However, Kiyoshi Sakamoto, who has become childish, is really a bit sorry for the name of a genius. . .

"By the way, isn't it good that you decided to deduct the year-end bonus so early?" Kagawa said.

"Uh? Why do you say that?" Sakamoto Kiyoshi asked curiously as he lay on his side on the sofa, put his phone casually by his ear.

"Because it's January 2009, that is to say, there are still 1 months before the year-end bonus is issued..."

"Uh..." Kiyoshi Sakamoto touched the bridge of his nose in embarrassment, and immediately pretended that nothing happened just now, laughing, "Hehe, who said that your year-end bonus was deducted?"

"I'm just talking, really, why are you so serious..."

. . .

Facing such a thick-skinned boss, Yuichi Kagawa was helpless.

"Cough cough..."

"The acquisition of EMI was announced to be completed at 7:19 on January 8th, US time, which is 9:[-] am on January [-]th, Japan time."

"Our TOP investment company, after three months of long-term negotiations and bargaining, finally, at a price of 25 billion US dollars, successfully acquired the copyright department of EMI Records!"

That's right, when Kiyoshi Sakamoto bought EMI, he didn't buy the entire EMI, but the copyright department of EMI.

Facing such a wonderful request of TOP investment, Terra Firma Capital also looked bewildered and completely confused.

Originally, Terra Firma Capital was very concerned about the TOP investment that came to buy EMI Records.

Because they really need a working capital to get through this difficult period.

Although this TOP investment is not a very famous investment company in the industry.

However, judging from their strong capital alone, it is enough to convince Terra Firma Capital that TOP Investment is fully capable and can eat up the entire EMI Records.

However, what I didn't expect was that TOP's investment was only for the copyright department of EMI, that is, the copyright of nearly 100 million songs!
Even if Terra Firma Capital has been promoting EMI's other divisions and wanted to sell EMI to TOP at one time, it still got nailed in front of the determined Yuichi Kagawa.

Who can live with money. . .

In the end, Taifeng Capital, which was in urgent need of capital flow, had no choice but to split EMI into two parts, and sold the core and most important copyright department to Sakamoto Kiyoshi for 25 billion. TOP investment.

The EMI Records department, which is only an empty shell, was left behind. . .

In this acquisition, the biggest beneficiary is not Taifeng Capital, which has obtained a working capital to ease investment pressure, nor EMI, which has got rid of half of its debts, but TOP Investment under Kiyoshi Sakamoto.

In fact, the one who benefited the most is undoubtedly Kiyoshi Sakamoto.

Although 25 billion, for him with assets of more than 130 billion, it has already accounted for one-fifth of his assets.

However, Sakamoto Kiyoshi did not even blink, and directly took out the 25 billion to buy the EMI copyright department that would be very useful to him in the future.

This acquisition will bring Sakamoto Kiyoshi more than 25 billion in revenue.

You know, the copyright of more than one million songs is a steady stream of gold mines, enough for him to receive considerable copyright fees every year.

Small waters flow long, and small numbers are afraid of long-term calculations. If they accumulate slowly, this copyright fee will converge into a huge river.

What's more, the purpose of Kiyoshi Sakamoto's acquisition of EMI was not to earn copyright fees. . .

So, hearing the good news from Yuichi Kagawa, Kiyoshi Sakamoto smiled very happily.

"In that case, only the replacement of Sony's shares is left..."

　I have an appointment with a girl tonight, but I still need to update it!
　　Happy April everyone!
　　
　
(End of this chapter)