Rebirth of the Great Entertainment Empire

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With the support of Xu Cun’s vast network of contacts in the banking industry, Zheng Haiquan and others took advantage of the stock market disaster to acquire a bankrupt bank with a good foundation. Germany, Sweden, Italy, the Netherlands, Japan, Hong Kong, and Singapore have acquired dozens of banks of various sizes with good foundations.

Among these banks, the largest and most successful bank acquired by Xu Cun is one-third of Société Générale.

Société Générale is one of the largest commercial banks in France. Its head office is in Paris. It was established in May 1864. Its full name is "French General Corporation for the Promotion of Industrial and Commercial Development".

Société Générale has a total of 2,873 branches at home and abroad. The foreign branches are mainly located in the United Kingdom, Belgium, Switzerland, Austria, Spain, Taiwan, Morocco, Congo, Japan, Thirty countries and regions including Iran, the United States, and Canada.

Initially, Société Générale was a private bank.

It was nationalized in 1946.

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

Later transferred to full control.

Last year, the French government decided to privatize the sixty companies it had nationalized.

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

In this way, Industrial Bank became a private bank again.

But the timing of Société Générale’s transition from nationalization to privatization was very bad—the bank had just been listed in the Paris, Tokyo, and New York stock markets when the stock market crashed, and the Paris, Tokyo, and New York stock markets all suffered from stock market crashes. hardest hit area. As a result, the bank's assets are inevitably seriously undervalued.

As soon as the news that Xu Cun wanted to acquire the bank for expansion came out, Amedé Meunier, chairman of the Credit Agricole Group, who benefited greatly from the stock market crash with Xu Cun, approached Xu Cun to discuss with Xu Cun about carve-up of Société Générale.

In addition to finding Xu Cun as a partner, Amedé Meunier also found a lot of French local capital to acquire Société Générale.

These powerful forces attacked Societe Generale, an unlucky bank, how could Societe Generale survive?

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

When distributing the spoils, Xu Cun merged all the assets that could be divested from Société Générale into Baye Bank, and finally only left 6% of Société Générale's equity in the name of Baye Bank.

In addition, in the process of attacking Société Générale, Amedé Meunier sold 4.6% of the shares of Agricole Suez to Baye Bank on the grounds of insufficient funds and formed a permanent interest with Xu Cun. alliance.

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

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

The stock market crash caused the Naify brothers to suffer heavy losses. Forced to do so, the Naify brothers had no choice but to package and sell United Artists Cinemas.

Originally, the Naify brothers planned to sell United Cinemas to Cheng Communication Company.

pity--

Just when Telecom was lowering the price with the Naify Brothers, the rich and powerful Emperor Cinemas cut the price of Telecom at a high price. After some time, it was decided to set up an American company called "Emperor Cinemas" under the name of Claudia, who has American nationality. DreamWorks Group holds 80% of the shares in Emperor Cinemas, and Jiang Zhiqiang personally Accounting 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 United Artists Cinemas, Emperor Cinemas has also formulated a strategy of annexing small theaters and building new modern multiplex theaters to grow stronger—in less than two months after the stock market crash, Emperor Cinemas selected The construction sites of forty-seven modern multiplex theaters have already begun to be built. In addition, Emperor Cinemas also acquired small theaters such as CobbTheaters, RCTheatres, and NationalTheaters.

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 Emperor Cinemas in the United States continues...

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DreamWorks Records Group's Western Expedition did not go too smoothly.

Although Zheng Donghan has 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 its singers and the distribution channel of the label.

Needless to say in terms of channels, how could the newly arrived DreamWorks Music Group have any channels?

Currently, Zheng Donghan is preparing to acquire a singing company with complete sales channels, so that Dreamworks can gain a foothold in Europe and the United States.

In terms of singers, there is actually no need to say much - there are many Asian singers in the DreamWorks Group, but when it comes to European and American singers, the DreamWorks Group can't catch them. It wasn't until Xu Cun brought all the girls back to Hong Kong from the United States that Zheng Donghan discovered a New York girl named 'Debbie Gibson', and found a master to produce "Only In My Dreams", "Shake Your Love", "OutOfTheBlue" and other youthful songs for her. song.

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The initial stages of Dreamworks Television Network's acquisition of CNN were not smooth-although CNN has not yet established a television network, Ted Turner has the right to use satellite launches for CNN, which he has won through legal means. In addition, on major news events such as the "Assassination of President Reagan", "U.S. invasion of Panama", "Teardown of the Berlin Wall", and "Moscow October Incident", CNN took the lead in making live reports that stole the limelight. . All of this made Ted Turner unwilling to sell CNN.

certainly--

The Gulf War that pushed CNN to its peak has not yet happened, and now CNN's future is unclear.

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

The most important thing is that Xu Cun's conditions for Ted Turner's acquisition of CNN are too favorable, so superior that even Ted Turner, who is as determined as Ted Turner, would not be able to refuse.

So, after Barry Cindy talked to Ted Turner several times, Ted Turner finally agreed to sell CNN's film library including MGM 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 early.

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

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

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