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Volume 4: Rich and Famous Chapter 471: Dealing with Suo Ni

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    After Zhang Qihang and MJ reached an agreement, Jackson went home happily.  Zhang Qihang and MJ agreed to hold a press conference on April 10. The CEO of Soni Music will be invited to the scene to announce to the world that Jackson has joined Renren Group, the world's largest music distribution and publishing company "Souni Music", 50  % of the shares will be owned by Renren Group.

    In the living room, Zhang Qihang joked with the girls. When Liu Yifei learned the news, she was shocked and excited.

    However, after she heard Zhang Qihang explain that he had exchanged 1 billion U.S. dollars for 35% of the shares and management rights of Mijac Publishing Company to acquire the shares of Soni Music, she couldn't help but think about it carefully. Zhang Qihang was doing a relatively loss-making transaction.  .

    "Qihang, you only held 35% of the shares for US$1.5 billion. You almost spent US$1.2 billion to buy 50% of the shares of Soni Music held by Jackson!"

    "I remember that Jackson originally bought it for US$200 million. Although the market price is now between US$800 and US$900 million, you are still losing money!"

    Zhang Qihang looked at her with a smile and said: "It's not a loss. After mijac Publishing Company becomes the largest music record company in the world, Soni Music will also be acquired by mijac Publishing Company. By then, I will exchange 50% of Soni Music for mijac."  40% of the publishing company is enough, and Jackson will definitely change it. By then, Renren Group will have 75% of the shares of Mijac Publishing Company and have complete controlling control. By then, Jackson will be very satisfied with 25%!"

    Liu Yifei shook her head and said she didn't understand. As for Su Xiaoman, Yang Mi, Huang Jingyi, and Ning Xi, none of them could understand.

    He did not continue to explain.  What Zhang Qihang is doing now is to help Jackson defeat Soni Music, and he holds Jackson's most precious thing. This 50% share is not just money, but the music copyright of his father-in-law Elvis Presley and many singers, and of course also  Including Jackson¡¯s own.

    Zhang Qihang¡¯s plan is to defeat Suoni Music Company and Suoni Group.  They had to buy out the music company, and at that time he owned 100% of Sony's shares. Of course, it was just a garbage company at that time.  What he only wanted was the copyright, which was of great significance to Jackson. Zhang Qihang used the copyright to join Mijac Publishing Company.  By winning the shares, neither party lost money in the end. At that time, Mijac Publishing Company was far ahead of Soni Music and now ranks first in the music market. Even a 25% share was worth several times more than the 50% it is today.

    Sony Music and Jackson are at odds with each other, and their relationship is at loggerheads. Moreover, Suo Ni is too greedy and treats artists, especially black people, very badly. Both Jackson and Suo Ni own 50% of the company's shares.  Neither party has absolute control, which is why they have been in confrontation for more than ten years. They want to acquire each other to deal with it. If Jackson is willing to buy 1%, Soni Company will choose the interests.  I won't fight against him, after all, Jackson is also the most profitable king of Soni Music.

    "Suoni Music, hum, I'm going to completely defeat you!"

    Zhang Qihang smiled proudly, took out his mobile phone and dialed Shangguan Bolong's number. He wanted to ask Shangguan Bolong if he had found Conrad Mori.

    "Uncle Long. How are you?" He smiled at the phone.

    "Let's set sail, I found Conrad Morrie, but he went to the airport when he left home today, and I'm on my way to the airport now!"

    "Airport?" Zhang Qihang frowned and thought. He suddenly understood something, stood up with his mobile phone and walked to the study.

    When the girls saw his mysterious look, they all curled their lips and shook their heads.

    In the study room, Zhang Qihang sat on the sofa and took out a Cuban cigar and started smoking. The strong and exciting smell of smoke made his whole body feel relaxed.

    "Uncle Long, you guys are taking a flight to Los Angeles. I guess that's where Morrie is coming By the way, have the trackers been put in place?"

    "Put it away. I put five or six of them in his apartment. I also put two or three in his car and on his clothes. Now there is only one on him. I am following him with this one!"

    Zhang Qihang thought for a while. Although the tracker transmitted signals through satellites, there was interference on the plane, so he said to Shangguan Bolong: "After you arrive at the airport, I will temporarily interrupt the tracker's communication here and wait for you to arrive.  After this, I¡¯ll turn them on again!¡±

    "good!"

    After hanging up the phone, Zhang Qihang muttered to himself: "It's still too late. It seems that Conrad Murray has already met with Soni's people. Didn't he leave Las Vegas to be Jackson's personal doctor?  "

    He is just speculating now. If Conrad Morrie really comes to Los Angeles, everything will be exactly as Zhang Qihang expected.

    In New York, in a private room in a high-end private club, a white-skinned American man in his 60s with white hair was holding a glass of red wine and savoring it carefully. If anyone saw him at this time, he would definitely be able to  He was recognized as Howard Stringer, the chairman of Soni Group and currently the CEO of Soni Music Company.

      "Stringer!" The door opened, and a sexy cheongsam waitress led an old man in a black suit in. When he saw Howard Stringer, he immediately said hello with a smile.

    The box door was closed again. While pouring red wine, Howard Stringer looked at his old friend Tommy Mottola in front of him and asked softly: "Mottola, have you found the person?"

    "Haha, of course I found it!" Tommy Mottola took the red wine glass in his hand and whispered: "I have sent someone to find a doctor from Las Vegas named Conrad Morrie.  Got him $3 million!¡±

    "Las Vegas is a great placehaha!" Howard Stringer said happily after taking a sip of red wine.

    Tommy Mottola squinted his eyes and clenched his fists and said: "For more than ten years, MJ has refused to buy us the shares to the death. He is a vampire. 200 million US dollars is like owning half of the group's shares. Over the years, he  They have made 500 or 600 million US dollars and they still refuse to let go Black people are money-grubbing vampires!"

    Howard Stringer nodded with a smile and said, "That Morrie is not reliable in his work!"

    "It's okay. MJ's health is not that good. He has used diet pills, muscle relaxants, and sleeping pills over the years. As long as Morrie became MJ's doctor, he injected an overdose of sleeping pills before the concert in July.  If you add some weight loss pills, MJ will definitely die and Mori will serve a few years in prison at most. I have sent people to monitor him. As long as the matter is completed, he will be a murderer. How dare he say anything!" Tommy  .Motola bit his lip and finished speaking with a smile, a cunning expression also revealed on his face.

    "Humph, we can buy a few more concert tickets. How about 10 concerts? How about 50?" Howard Stringer said happily.

    "100 games, those idiots won't refund the tickets anyway!"

    "It's over 100 shows. Anyway, we can still make a record or something. After he died, we turned some old videos into a commemorative album. We will not worry about sales by then!"

    "Hahaha, okay, good, goodmj, I said I would destroy you. I will definitely destroy you!"

    "Motola, don't think about those old things. Come and have a drink happily. Once MJ dies, we will no longer have to worry about our opponents buying 50% of MJ's shares!"

    "Yes. Come and drink!"

    Los Angeles. April 1st, April Fool¡¯s Day.

    Renren Group raised US$1.5 billion to enter Jackson's mijac publishing company, and Jackson transferred 50% of Soni Music Company's shares to Renren Group. These are very important decisions.

    On this day, Zhang Qihang sent the girls back to the Dark Island first, and then returned home.  Prepare to hold a board meeting at Nanyuan Group to launch a battle strategy between Renren Group and Soni Group.

    On the afternoon of the 2nd, he got off the plane at Nanyuan City Airport. Liu Haichao personally drove to pick Zhang Qihang up because the news he brought back was so shocking, it was simply unbelievable.

    On the highway out of Nanyuan Airport, two speeding Mercedes-Benz cars were driven by Liu Haichao and Zhang Qihang was sitting in the passenger seat. He said: "This time I am ready to defeat Soni Music Company in one fell swoop. As long as I get  With 50% in Jackson¡¯s hands, we can use Soni to seize the decision-making power of the board of directors. It would be ideal if we could bring Buffett together to deal with Soni in the stock market!¡±

    "Suoni's stock has plummeted due to the financial crisis. In the past two years, its profits have declined, and it has even suffered losses again. However, it is still quite difficult to deal with it!"

    After Liu Haichao finished speaking, he asked: "Isn't it worth the loss to spend 1.5 billion US dollars to start a war with Suoni now? Moreover, the group will be listed on Wall Street at the end of the year. If Suoni wants to retaliate by then, it will be very detrimental to us!"

    "There are too many opponents. In the IT industry, Facebook, Yahoo, Google, and domestic Baidu are now direct competitors. In film and television, we compete with Warner, and now in music, we have enemies with Soni Group We have enemies everywhere.  I¡¯m afraid I can¡¯t stand it!¡±

    Zhang Qihang put his hands behind his head, thought carefully, and asked: "So what? Renren Group, No. 7 International Film Group, Renren Entertainment Media Group, all our companies combined can't compete with the three cable companies."  The annual total profit of Ni Group is two or three times that of theirs. If they take this opportunity to kill Suoni Group, Renren Entertainment Media Group will have the same monopoly position in IT as Renren Group in the future. Think about the fact that global music records are controlled by Renren Group.  People control, global Chapter 463 Groups cannot contribute capital, and you should also be aware of the group¡¯s operations. The main subsidiaries of Renren Holdings Group include Renren Technology Company, Renren Software Technology Company, Renren Game Technology Development Company, and Renren Audio and Video Technology  Technology companies, as well as wholly-owned subsidiaries including 58.com and Ganji.com, are all a group composed of the IT industry. After its listing, it was also the listed Renren Holdings Group. It was just an IT company. Last year, RenrenYou also know that the total annual turnover of the Group is 85 billion US dollars!  Net profit was US$46.2 billion, but all profits continued to be reinvested, and the group's liquidity was only about US$8 billion!  "

    "For example, Renren Real Estate and Building Materials, Renren Electronic Technology, and Renren Cinema Communication Company are all joint ventures. They are all currently investing, and the total profit is less than US$1 billion!"

    "As for Renren Entertainment and Media Group, it is run independently. It owns Renren Film and Television Company, Renren Entertainment Media Company, Korean Entertainment Company, and Renren Music Record Company. Its annual profit is around US$600 million!"

    "I think No. 7 International Film Group is mainly invested by you and Renren Group. The current annual profit is also 3 billion US dollars, but basically all of it is reinvested!"

    "If you do the math, companies of all sizes can only mobilize up to US$6 billion in funds. You and I, Li Bing, and Wang Jian can individually mobilize US$3 billion, for a total of approximately US$9 billion!"

    "9 billion U.S. dollars, Jackson's company invested 1.5 billion in financing, which is only 7.5 billion U.S. dollars. Even if you can join forces with Buffett and use more than 10 billion U.S. dollars to block Soni Group, even if you defeat Soni Group, Renren Group will face so many challenges.  We have so many enemies, it would be terrible if they unite to stop us when Renren Group goes public!"

    Zhang Qihang simply listened to his statement, thinking about the time for Renren Group to go public, and then thinking that it would take at least a year to defeat Suoni. He frowned and became entangled.

    "Only 7.5 billion?" He touched his chin and said to himself with a headache,

    Although Zhang Qihang's assets are huge, about 60 billion US dollars, 50% is the value of his company's stocks, 40% is the value of personal foreign investment stocks, 6% is real estate, 4% is capital, and it is also his monthly income, which is almost the same  2.5 billion US dollars goes into his personal account every month, but he immediately invests it back into the company, the stock market, or he squanders it to buy a car or a house.

    For example, in March last month, of the US$2.8 billion that Zhang Qihang received, basically US$2 billion was reinvested in various companies and stock markets, leaving only US$800 million.

    This kind of spending more money and keeping less money will last at least a few years, because only in this way will Zhang Qihang earn more every month in the future. It is still time to continue investing, and he will earn 2.5 billion US dollars every month. Next month  It may reach US$3 billion, and next year it may reach US$3.5 billion.

    The total assets are also constantly rising. Last year, they were almost over 30 billion US dollars in the first half of the year, and a year later, they are now almost over 60 billion US dollars. From several billions of RMB in funds, now to several billion US dollars, the main factors  It is the appreciation in the value of the group's shares and profits, and most of them are also the gains from the stocks invested abroad.

    Zhang Qihang felt that it was necessary to deal with Suo Ni this time, so he sold some real estate and stocks and integrated some funds to take down Suo Ni.

    "Brother Liu, if the group is listed, it will be enough to spend less. I have sorted out the real estate in the past two days, sold some villas and sports cars, and suspended foreign stock trading for a month. I can sort out almost 5 billion US dollars, plus the group  With yours, you can have more than 10 billion U.S. dollars without Buffett. This time, Soni was defeated. It doesn¡¯t matter if you lose some money. If you win the global music market, you can make it all back in less than two years!"

    Liu Haichao nodded with a smile and said: "If you try so hard, I will go to Wall Street personally to stop it It will be normal to lose funds, but I will control it to about 1 billion US dollars, and I won't lose much!"

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