They have become goddess husbands, who needs a superstar system
Chapter 573 Longer-term interests (2 in 1) (page 12)
Chapter 573 Longer-term interests (two in one)
Martin Shen is very concerned about the performance of "The Wandering Earth". He is indeed coveting the big IP of "The Wandering Earth" and hopes to get a piece of the pie. However, he is not greedy and thinks that the "Saw" series IP does not earn enough.
"I want Haomeng Entertainment and Mumu Film and Television to form a cross-shareholding." Shen Martin did not hesitate and quickly stated his proposal.
The simplest understanding of cross-shareholding is that company A holds shares of company B, and company B holds shares of company A.
The benefits are obvious. Cross-shareholdings can stabilize the company's ownership structure and prevent the company from being taken over by hostile takeovers.
On this aspect, Mumu Film and Television does not need to worry too much. Yang Yi has too many stocks in his hands, and no one can shake his position.
But Good Dream Entertainment is different. Yang Yi and Li Mengfei hold 51% of the shares in Good Dream Entertainment, and Shen Martin holds 49%. In addition, people from Beautiful Country are very good at playing financial tricks. If something happens to Shen Martin Unfortunately, the energy, works, IP, etc. that Yang Yi has devoted to Dream Entertainment are all at risk of falling into the hands of others.
If the two companies cross shareholdings, part of the equity will be fixed. At the same time, Yang Yi's control over both companies will be improved, which will naturally reduce the possibility of hostile takeovers by others.
In addition, the cross-shareholding between Haomeng Entertainment and Mumu Film and Television is equivalent to an additional visible link between the two companies, making it easier for the two companies to form synergies in terms of capital, technology, resources, etc.
This is actually the benefit of cross-shareholding that Yang Yi values more.
As for Mumu Film and Television, Yang Yi and other shareholders also had to allocate 20% of their shares to Haomeng Entertainment, but Shen Martin did not ask Yang Yi to pay more and did not need to allocate 9% of his shares to him as well.
The key is that for Good Dream Entertainment, it was all his own sacrifice. Yang Yi didn't have to pay anything, and he just earned 9% of the shares of Good Dream Entertainment, as well as the equity gain from cross-shareholdings.
However, neither Mumu Film nor Haomeng Entertainment has plans to go public.
"Yes, I plan to reduce my shares in Good Dream Entertainment to 20%." Seeing Yang Yi's confused look, Shen Martin smiled and said to him, "This is actually what my father meant. He said I've made enough money from the "Saw" series, and people must know how to be satisfied, so that they can be happy for a long time."
Yang Yi now has a strong enough influence in the Western world. Even if they don't cooperate with him, even if they don't start a new business on their own, there are still a lot of big Hollywood companies willing to spend big money to hire him to make movies.
They made nearly 2 million U.S. dollars in net profit from just one "Saw " (the IP sequels of movies with good box office can get a higher share), and the financing effect of the listing is not that good, and they have to invest what they originally owned. A large portion of their own dividends is given to shareholders.
Martin Shen is the CEO of Haomeng Entertainment and has achieved very good results. The company's financial statements can make many listed companies jealous.
At the same time, he can also more easily cooperate with foreign film and television teams, introduce some of the film and television technologies and cutting-edge shooting concepts we need into the country, and promote the vigorous development of the Chinese film industry.
The cross-shareholding plan proposed by Shen Martin was not to allow him to obtain more benefits. He even offered to give 29% of his equity and 9% to Yang Yi and Li Mengfei, allowing Yang Yi and Li Mengfei to Li Mengfei's shareholding ratio increased to 60%, and the other 20% was given to Mumu Film and Television.
Anyway, they are all riding in a trailer, and they are all driven by Yang Yi, who can't!
Cross-shareholdings are not without their drawbacks. In the capital market, cross-shareholdings can easily lead to insider trading or inflated costs that affect the interests of ordinary shareholders.
It turns out that the sacrifice Shen Martin took the initiative to make was actually the foresight of Mr. Shen Huichang!
He was previously willing to go to Hollywood to make movies, not just because he wanted to "save the country" and use Haomeng Entertainment to create Yang Yi's golden signature overseas, so that it would be easier for his other domestic movies to go abroad and gain fans abroad. Do you like it?
"The Wandering Earth" is the best example of him completing "curves to save the country"!
If Haomeng Entertainment and Mumu Film and Television hold cross-shareholdings, and at the same time the two companies become concerted actors and jointly invest in the movies he makes, then it will be easier for the movies he makes domestically to be released overseas.
"In this case, didn't you lose money? Haomeng Entertainment took 20% of Mumu Film and Television's shares, which is equivalent to you obtaining 4% of Mumu Film and Television. You exchanged 29% of Haomeng Entertainment's shares for Mumu 4% stake in Film and Television?" Yang Yi couldn't understand Shen Martin's thoughts.
He saw the excellent results achieved by the "Saw" series for two consecutive years, and also saw Yang Yi's strong commercial potential in the film industry and even in overseas markets.
Le Zehan worked hard at Mumu Film and Television. How many shares did he get from Mumu Film and Television? How can he, Shen Martin and He De, take 49% of the shares and enjoy the box office dividends brought by Yang Yi's movies?
"If you don't take the initiative to make concessions and return the benefits that your brother-in-law deserves, Haomeng Entertainment will not last long! Yang Yi can start a new business, open a company of his own, hire a group of people, and still have fun in Hollywood. "
Shen Martin is a smart man and he knows that his father is right.
Therefore, since there is no plan to go public, these disadvantages can be ignored for the time being.
Martin Shen voluntarily sacrificed his shares in exchange for Haomeng Entertainment’s shareholding in Mumu Film and Television.
But in fact, his contribution is very limited. It can even be said that any other CEO can still achieve the same level as him, or even better!
Shen Martin once had such an idea, but Yang Yi disagreed. In addition, the movies Yang Yi made were too profitable and he could make a lot of money without financing at all, so he gave up the idea of going public for financing.
Yang Yi is not a person who values profits. He may not care that Shen Martin has made so much money from him.
But if the benefits are unevenly distributed, problems will arise sooner or later.
Many MCN companies often have contract disputes with their Internet celebrities. Their Internet celebrities break the contract and run away, causing both parties to suffer losses. Isn't it because of uneven distribution of benefits?
Who would be happy if they tried their best but were not treated fairly?
Shen Martin understood his father's foresight, and under his father's guidance, he hurriedly flew to the capital just to have such a conversation with Yang Yilai today.
He gave up 29% of his shares, which seemed stupid, and he directly handed over two to three billion US dollars of money to others.
But in fact, Shen Martin used two to three hundred million US dollars in exchange for him and Yang Yi, and even a deeper binding with Yang Yi in the domestic industry! In exchange for more and more stable benefits that are immeasurable in the future!
<divclass="contentadv">Yes, as long as the two companies have cross-shareholdings, Shen Martin does not need to personally hold the shares of Mumu Film and Television. He can share the money earned by Mumu Film and Television from Mumu Film and Television.
At the same time, Yang Yi will also pay more attention to Haomeng Entertainment. The two companies are deeply tied, and it will be impossible for Yang Yi to find another company to shoot his movies in Hollywood.
After all, Martin Shen was born and raised in the United States. He is not as obsessed with returning to his roots as his father Shen Huichang. He is accustomed to the American lifestyle and ideas, and he also wants to continue to stay in Hollywood and be Yang Yi's overseas partner. Producer.
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