Silicon Valley

Chapter 139 Acquisition of Cinema

Henry smiled at these shareholders and motioned them to sit down.

"First meeting, welcome everyone!" Henry said hello.

"Hello, Mr. Williams!"

"Hehe, I called you here for the meeting today because I was going to announce an important event. I decided to bring the IMDB website to the theater, and use the advantages of our IMDB website on the Internet to realize the 'online booking' function! Enrich the content of our website, use the fashionable and interesting way of 'online booking' to attract users and form a more sticky industry chain! Second, with a cinema chain, we will have more voice in Hollywood, which can enhance our status!!"

When everyone heard this, they nodded again and again.

"Well, yes, the idea is very interesting!"

"Yes, online booking, presumably young people like it very much!"

"..."

After everyone discussed it for a while, Henry said: "In the 1980s, due to the popularity of VCR and cable TV, the attendance rate of the theaters decreased. At present, the major theater companies are struggling, which is the best time for us to buy the bottom!!!"

"Mr. Williams, you also said that the theater chain company is currently struggling. If we acquire the theater chain company, wouldn't it be an extra burden?!" At this time, a shareholder suddenly sang a rebound and asked. When other stock markets heard this, they all looked contemplative. I thought Henry's idea was good just now, but in an instant, I felt bad again...

Henry smiled, "You asked a very good question, so after we acquire the cinema chain, we will make a big transformation!!! We want to build a comprehensive large-scale super cinema with twenty-four screens, More movies can be shown at the same time. The super theater has a huge space, changing the current narrow and dim situation of multiplex theaters, and setting up gym-style seats, so that the line of sight will not be blocked by the audience in front, and then equipped with Great acoustics, so it makes watching movies more comfortable. Plus, the huge space allows other revenue-generating sectors to "boom" like popcorn, restaurants, video game rooms, and sales of CDs and books!!!!"

As soon as Henry finished speaking, everyone was stunned, and after thinking about it carefully, if there was such a theater, he would definitely be willing to spend money to see a movie. The number of people watching the movie is large, and the income around the theater will definitely increase significantly. Finally, after careful calculation, maybe the theater can make a lot of money...! ! However, in this way, the investment is huge, and if the business is not good, you will lose a lot of money!

The crowd immediately began to discuss each other.

"Mr. Williams, I think it's better to be cautious. When the profitability of the theater chain improves, we will buy the theater chain company?"

"Yeah, yeah, the current situation of the theater company is difficult, the prospects are unclear, and it is not suitable for acquisition for the time being!!!"

"..."

Henry's face sank, he did not expect so many people to object.

High risk comes with high reward!

When the prospects are clear, it will not be so easy to acquire a cinema chain. If you want to buy it, others may not sell it! Or, there will be competitors. In short, the acquisition of a theater chain has to be taken at the most difficult time of the theater chain company! In a few years, there will be blockbusters with special effects, and at that time, cinemas will be on fire again!

If you don't start now, when will you wait?

Henry looked at the large and small shareholders around, and said solemnly: "The cinema must be acquired. I believe that in the future, the cinema will definitely bring us huge profits!!!"

"Mr. Williams, we can't decide whether to buy a theater company based on your personal will! If you make a mistake, wouldn't it cause IMDB to suffer heavy losses!!!" One shareholder disliked Henry very much. He said loudly in a tone of reprimand.

Henry's expression changed when he heard this!

"My will is an order!!! The IMDB website must buy the theater company. If you are not satisfied, you can withdraw your shares immediately, and I will have someone settle it for you on the spot!!!" Henry patted the table, stood up, and looked at Seriously, staring at the person speaking.

The man was so frightened that he didn't dare to speak, his face flushed red.

"Humph!" Henry turned his head and looked at Marcy Fillimon, "Just do as I said, do market research immediately, and find a suitable acquisition target!!!"

"Yes!!!" Marcy Philimon nodded hurriedly.

Henry moved his seat and walked out of the conference room directly!

Marcy Fillimon looked at it and announced: "The meeting is over, everyone should leave!!!"

After the meeting of large and small shareholders, they started to discuss in the corridor.

"Henry Williams has a great temper!"

"Young and energetic, don't you know?"

"My will is an order, this sentence is so condescending!!!"

"Hehe, if I were a billionaire, I would hang like that too!!!"

"I just didn't expect that the chairman of the IMDB website is Henry Williams. It seems that the Nicholas Group is also held by Henry Williams!"

"I heard that Henry Williams' grandfather's surname is Nicholas, and he originally opened a chain of bookstores called Nicholas Bookstore. When the Nicholas Group was first established, it also sold books, but what he did was Online shopping! Obviously, the Nicholas Group of Companies was founded by Henry Williams. His presence at the previous board meeting is the best proof!!!”

"Hmmmm, yes yes, you're clear and coherent, I can now confirm that Henry Williams is the mastermind behind the Nicholas Group!!!"

"Oh God, have you calculated his worth? We all know that he holds 75% of Cisco's shares, which is almost 100 billion US dollars! And Nicholas Group's current market value is 90 billion US dollars, although we do not know his specific How many shares are held, but presumably the number of shares held is more than half, to achieve absolute control, then at least 45 billion US dollars!!!"

"Hehe, don't forget, he also has 360 Holding Group Company, which has had a lot of trouble with Microsoft before, and even made headlines in the media!!! 360 Holding Group Company owns 360 McAfee and Netscape, these two The combined market value of these companies is approaching $30 billion!!! Of course, I'm sure he has other companies!"

"Uh... I think he's probably worth close to $200 billion!"

"Oh! It's terrifying..."

"Yeah yeah!!!"

A few days later, Marcy Philemon, CEO of the IMDB website, brought a list and handed it to Henry, "Chairman, this is the theater information we have collected. Among them, we are most optimistic about the AMC Theater Group!"

Henry is no stranger to AMC Cinemas.

AMC Cinemas established its first cinema in 1920, and then developed into a cinema group with 400 cinemas around the world. It is the world's largest IMAX and 3D screen operating company! AMC is legendary and has created many firsts in film history. For example, the concept of multi-hall was introduced for the first time, the seat armrests were set to be adjustable, and the armrests were raised to become lovers' seats; a cup holder was set on the armrests to make it easier for the audience to place drinks, etc...

In 2012, Dalian Wanda acquired the second largest theater operator in the United States for $2.9 billion, which aroused the pride of the Chinese. Many of them joked that they could finally edit the "News Network" and put it on the show. Foreigners look...

At present, AMC is the largest theater chain in the United States, but it was later surpassed by Sovereign Entertainment. Sovereign Entertainment was established in 1989, 69 years later than AMC, but since then, it has achieved rapid expansion by annexing small theater chains, and it is likely that there will be consortium support behind it! ! !

Now, if the IMDB website acquires AMC, then AMC will not only be able to maintain the name of the No. 1 cinema chain in the United States, but will also become the No. 1 cinema chain in the world! ! !

"That's it!!!" Henry snapped his fingers and said lightly.

"Okay, I will arrange for the team to acquire it immediately!!!"

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