Hamlin sat on the sofa and put his hands on the backrest at will. "He won't be able to catch it with his hands?"
"What else can he do? DefJam hasn't sold a platinum record for a long time." Lyle Cohen said angrily.
"You are the president." Hamlin questioned.
"He has 20% of the shares and is a major shareholder. Although Sony Columbia Records has 50% of the shares, but during the Motula period, he basically didn't ask about the specific operation of the label." Lyle Cohen replied that this is actually According to the record industry’s rules, the upstream distribution company’s share of half of the shares is for the purpose of binding the label’s release contract. Generally, the acquisition contract will sign a clause that does not involve specific operations, otherwise others will not let it buy it.
Hamlin immediately exposed this point.
"It doesn't work anymore. Now we have suffered huge losses for years, and it will be too late if we don't change." Lyle Cohen complained.
"Russell Simmons introduced PolyGram to compete with us. He wants PolyGram to acquire 50% of Sony Columbia Records." Daniel said, "PolyGram is behind Philips, with strong wealth. They have always wanted to Entering the U.S. hip-hop music market, the foundation of DefJam records fits their requirements."
"So we..." Song Ya asked in person.
"We don't resist selling to PolyGram. In fact, this is just right. We will not sell unless Russell Simmons is resolved." Lyle Cohen said, "small and medium shareholders are also on my side."
"I put a lot of pressure on DefJam. APLUS, you first buy the small and medium shareholders who want to exit the market immediately. The total amount is 8% to 9%."
Daniel gave Hamlin a document, "We have all prepared for you."
"You enter the market, and together we force Russell Simmons to give up his status as a major shareholder, and 10% of him will be eaten by you." Lyle Cohen said, "I personally will buy a little so that my shares will be 100%. More than ten percent."
"If he wants to sell all the best, then you eat 20% of him, but I don't think it will." Daniel said.
"Money? Time?" Song Ya asked.
"Twenty-four hours." Alcorn looked at his watch. "According to 28%, you'd better prepare 10 million yuan."
DefJam was a company of the same size as SBK a few years ago. At that time, SBK, where Daniel belonged, sold 300 million dollars, and DefJam's valuation was similar, so Russell Simmons, who accounted for 20% of the shares, was worth at least 60 million. Not counting his sideline. But now, Song Ya can win 28% with 10 million. This is a good business, even if DefJam is not working now.
"I will reply as soon as possible." Song Ya stood up and reached out to them.
"Let's talk alone."
Daniel did not intend to leave, and sent the others. "APLUS, I have something to say. If you win 28%, you have to transfer 8% to me at a suitable price at a suitable time. , If you win 18%, then 5%. This transaction will not lose money, don’t hesitate anymore, when I resell DefJam to Polygram, your shares will increase immediately , PolyGram will pay at least 50 million dollars for the 50% of Sony Columbia’s shares. I just didn’t tell Lyle Cohen about them.”
Song Ya understood that the senior managers were nothing more than these tricks when they raised the corner of the boss's house. Even if the part of the shares requested by the other party was held by themselves ~www.mtlnovel.com~, there is no problem. "He still replied with the male lead Taylor's attitude towards nothing.
"Then we are done?"
"we have a deal."
Daniel was satisfied. He pointed to the ‘barbarian at the door’ on the shelf in the study and said, "A good book, are you reading it too?"
Song Ya nodded.
"We are savages in this matter. We broke into Russell Simmons' house and had a good time." He laughed.
Song Ya grinned too.
The two left and they would rush back to New York overnight. According to Daniel's words, while everyone's attention was on MJ's side, they quickly solved Russell Simmons, so Lyle Cohen said that there were only twenty-four hours.
Song Ya, who was sent back, walked into the living room and saw Linda playing with a black box like a video cassette recorder.
"What's this?" He saw the Chinese character ‘Wanyan VCD’ on the box and remembered, the product he invested 3 million in finally came out and sent the prototype.
The random device also comes with some Chinese movie CDs in VCD format.
Let Linda start playing, the effect is not bad, the sound quality and picture quality are average, but it is already very new.
Fast forward, double-speed playback, Song Ya fiddling with interest, very satisfied. This is much more reliable than Palm's PDA. Although it is difficult to solve the problem of film sources in developed countries, there should be a market in areas where piracy is rampant. .
"Wait, VCD? I seem to have seen this word somewhere." Hamlin also leaned over, "I'll look for it."
He found a financial magazine in his bag, opened the inside page, "Sony, Philips, JVC, Panasonic and other companies jointly launched the VCD format standard. ’
"WTF!?" Song Ya couldn't help exclaiming when he saw this line of words, and there was a tingling pain from the vocal cord horse, "Pain! Pain!"
Chicago 1990 Chapter 483: Unpredictable
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Dile was called over, and Song Ya asked him to read the magazine report.
"I don't know, maybe you should ask Mr. Sun of C-CUBE? He invested more money than you, didn't he?" Dile suggested.
Song Ya glanced at him and nodded silently.
Based on Tianqi's investment, he has not made many of them through A+ Audio Company. After all, according to the three-year and five-year profitable equity incentive plan, Dilei will take up to 15% of this company. A+ Audio started its book profit through DTS's Series B financing in 1992. Then in the first phase of the award in 1995, Dile will be awarded 5% of the shares, and the profit will be 15% in 1997.
Therefore, for example, A+ Pedal Company, Barn Company, A+ Apparel, Palm, Wanyan, A+ Film Studio, Amerika Music Magazine, Louise Report and stocks, etc., he invested through his wholly-owned A+ Records and A+ copyrights. With asset management companies.
Although Dilei’s previous investment was to run errands, as the president of A+ Audio, he has to manage the synthetic sound copyright library and the three major stalls of DTS and American music websites. He has limited energy and is not very interested in business that has nothing to do with his own interests. normal.
Song Ya himself pays more attention to industries with clear managerial responsibility such as A+ Pedal Company, Barn Company, A+ Apparel, etc. The two pure venture capitals of Palm and Wan Yan are just in the blind spot of his and Dile’s perspective.
Now it is precisely these two companies that may lose money.
He felt that he should at least look like MJ, and find another lawyer to be responsible for staring at the two companies and his follow-up venture capital.
Of course, Sun Yansheng still has to contact him. He invested 3 million dollars and only accounted for 15% of the shares. The majority are him and Huaguo Wanyan Electronics.
"I'm busy with C-CUBE listing on Nasdaq next year..."
Sun Yansheng explained the patent issues. Basically, it is difficult for this VCD player to apply for a patent in China. The key point is that it does not have its own technology. The VCD disc format is in the hands of companies such as Sony and Philips, as are the optical drives. Various decoding chips are divided up by companies such as C-CUBE and Texas Instruments, and even the appearance patent cannot bypass Sony's LD player many years ago.
"Lao Wan has no awareness of this aspect." He said: "The integration scheme is used to apply for patents at most, but it is too late. All prototypes have been bought by various companies for research, and related patents have been registered..."