Chapter 157 Two Amc
November 14.
noon.
Smith Building, fourth floor.
In the office, Abel curled up in his boss's comfortable leather chair, holding his cell phone seriously.
Play with Tetris.
Classic mini games, even super billionaire Mr. Smith was also a little interested. A moment later, there was a knock on the office door.
"Please come in ~"
Abel did not look up.
That said, he still devotes most of his energy to the game.
The person who pushed the door walked in full of energy.
Wearing a suit, neatly combed hair, is a white man about forty to fifty years old. The man's name was Alan Baker, former senior actuary at Mingde Fengyi and commercial director of the European division.
This is the person's previous identity.
He now works for Smith Capital, in the company's "specials department."
This "special division" was originally created by Smith Capital.
His role is to pay salaries and benefits for Abel's research team. Alan Baker is here as a representative of the think tank.
After the Catherine Jones incident.
Abel loses interest in things like "the beautiful secretary."
Don't lose interest in beautiful women.
lost interest in the secretary. He believes that instead of establishing a "secretariat" within the company, it is better to have a consulting organization.
I never had a permanent office anyway.
I love going to Smith Capital except to cut leeks and rarely come at other times.
Today, they both start running in Los Angeles and New York and often travel to Texas.
In the future, it is estimated that they will circulate around the world. It would be better if each company appointed a secretary.
This secretary is in direct contact with "Special Services".
In this way, the advisory body is directly responsible for part of the secretariat's work.
There are advantages and disadvantages to doing this.
The downside is that the think tank will become exceptionally large and powerful. Where power is greater, corruption can arise.
It's inevitable, human nature is like that.
The only thing that can be done is to strengthen internal controls.
The advantage is that the think tank always has a representative next to Abel.
No matter where Abel was, for the first time he could know the situation of any company under his name. At that time, another rotation system will be introduced.
For example, the secretary of company A after a period of time moves to company B, the secretary of company C moves to company C, etc.
Create a promotion system, such as after someone working in a consulting organization has worked for a certain amount of time.
If qualified and experienced, there is a possibility of being transferred to a company under the name Abel as manager.
In addition, there are corresponding benefits and remuneration. Stimulates subjective motivation and enthusiasm for the think tank's work.
In doing so, there may be other errors that Abel cannot see.
But Abel believes that no matter what system is used, there will always be disadvantages and advantages.
Amplify the advantages and improve the disadvantages.
Abel actually did such an indescribable thing following the model of the "Military Aircraft Department" of a certain dynasty in China. As for whether it's useful or not, we'll have to see that later.
Currently, Alan Baker, senior director of special operations, is temporarily serving as business secretary alongside Abel.
By the way, David Jones is also in this department.
Her duties as secretary for life, belonged to Abel's great butler.
When Alan Baker walked in, he saw his boss looking seriously at his phone. He stood at his desk and waited silently.
Wait ten minutes.
Abel's cell phone is broken, the game ends after watching it.
"Ah~ Allen, sorry, I was so absorbed in the game just now that I forgot you came in. What happened?"
The think tank representative gently said:
"OWNER. The information you asked us to collect around 2 a.m. yesterday has already been collected. Do you want to read it now or later? »
"Oh~"
Abel smiled and said, "Bring it here."
In the United States, the English abbreviation is AMC, there are mainly two companies with relatively large scale and reputation.
AMC cable channel and AMC theater company, respectively.
In the Chinese context, this English abbreviation will make people think they are the same company.
But not so. In the English context, the full name of AMC Cinemas is "AmericanMulti-Cinema", which literally translates in Chinese as "Multiple Cinemas in the United States".
The name of the amc cable channel is actually "classic American cable channel".
Both are not similar at all.
AMC Cinemas was acquired by Wanda in parallel time and space.
But AMC Cable as a television channel is only a television channel with low ratings and influence. The United States cannot allow its sale to foreigners, especially the Chinese.
Like some entertainment novels or Hong Kong island novels.
After the male protagonist becomes rich, he goes to America to buy back Hollywood giants or TV channels.
This is not possible in the United States.
Even if the boards of directors and shareholders of these companies are willing to sell, relevant US agencies will act to prevent it. Ministry of Commerce or Ministry of Security.
Like in China, foreign capital cannot control national television channels.
A truly sovereign country would never allow such things to happen.
Only countries that appear to be sovereign states (such as Britain and France), but are in fact puppet states, allow Americans to buy their country's television channels.
The Marshall Plan then injected more than just funding into Europe's economic recovery. At the same time, in America there is also a chain of "mind control".
Abel took the document brought by Alan Baker, which contained two copies of the document.
One for AMC theaters and one for AMC cable TV.
In Abel's previous venture, on his own media territory.
The last two sectors he cited were theater and television. Coincidentally, there are two such companies in the United States with the same English abbreviation.
What happened was that one was a movie company and the other was a movie company.
Of the two documents, he first skimmed the AMC Theater Company's information, which seemed thinner to him.
AMC Cinemas was established very early in 1920.
That was also the golden age of Hollywood, many cinemas were born during this time. AMC Cinemas ranked second in the US market. In 2000, there were 349 movie theaters with about 5,500 screens.
This data ranks behind Emperor Entertainment in first place and ahead of Cinemark Studios in third place.
According to data, the valuation of AMC theaters is about $1.5 billion, with annual revenue of $500 million.
The price is great, seems cheap. You should know that this is the second largest film company in the United States.
But the company's market debt is more than $3 billion.
Another insolvent company whose debt far exceeds its value.
As for this amc movie channel, Abel remembers that after Wanda bought it in parallel time and space, he was involved in death.
Besides fame, I didn't make much money and kept losing it. Now what if Abel wants to buy this company?
Face him, besides AMC's high debt.
There's also a damn bill from Paramount.
This bill clearly states that film producers in the US cannot directly control film distribution channels, that is, cinemas.
This bill was originally intended to punish Paramount during its Golden Age. Hence the name Supreme Act.
This bill has actually been weakened since the 1980s.
For example: Viacom Group, parent company of CBS and Paramount.
Its controller and boss, Lei Shidong, owns cinema companies under his umbrella, as well as film companies such as Paramount.
The very existence of these two companies is a satire of the Supreme Act. Furthermore, if done in parallel, this plan will be officially canceled within ten years.
It's just that now, if the acquisition is truly completed, it is expected to encounter a lot of problems.
These Hollywood moguls probably don't want to see Abel buy AMC theaters while he owns MGM.
Because it will significantly strengthen MGM's power in the market.
No one stopped, everyone was worried about the sanctions of the Supreme Act. If someone intervenes, the acquisition will certainly be even more hindered.
In addition, film companies in America have always been an industry that does not make much money.
On the other hand, most of the theaters are in town, and attendance at AMC is consistently good.
There won't be many different losses so it's almost at the point of selling.
"Is there any way to get around the Supreme Act? » Abe glanced at the AMC Cinemas news, Abel looked up at Alan Baker. Alan Baker answered frankly: "It can be done. Before Viacom officially entered the media industry, its main business was movie theaters.
"If the owner wants to buy back an AMC movie theater, we think we can first buy a small movie theater, then contact the AMC movie theater on behalf of them."
"This method is doable."
"The principle is that you must act quickly and find a way to prevent the Ministry of Justice and the Commercial Code from interfering as much as possible. Before other competing companies react, buy a majority stake in AMC Cinemas ."
Abel frowned after hearing this.
Alan Baker says yes, but there are too many prerequisites and too many problems. U.S. Department of Justice and Department of Commerce experience is also required, and acquisition must be expeditious.
First you have to acquire a small cinema chain, and any move will easily attract the attention of these Hollywood giants.
Once they get their attention, things can get complicated.
Thinking about it again and again, he still shook his head: "Forget it, don't watch AMC theaters for now."
The Supreme Law exists and it is not easy to circumvent it. But there's really no way.
In a few years, when online media on the Internet develops strongly.
Theater chains have been hit hard, and companies like AMC will have an even harder time than they already have.
At this point, the Supreme Act becomes redundant.
It was eventually abolished, especially due to the rise of mobile and Internet access. While talking, Abel turned on the AMC cable TV channel over there.
"American AMC Cable TV, the full name of American Classic Movie Cable TV, was founded in 1984. AMC was originally a pay television channel that aired old classic movies in the 1950s."
"In 1987, AMC joined the cable TV base camp."
"In 1989, there were more than 39 million subscribers in the continental United States."
Coming back here, Abel frowned.
These 39 million pieces of data are not very remarkable.
In the United States, there are two types of cable television channels. One is a basic cable, the other is a premium cable.
If translated into Chinese, perhaps that is the difference between the basic wired set and the custom wired set.
Among them, AMC belongs to the basic cable type, while HBO, which is more familiar to Chinese people, is a custom cable type.
In addition to these two types, there is also Wired limit.
As its name suggests, it offers a variety of playable content that LSPs love. Some of them restricted their cable channels and the episodes they aired for a while were unspeakable sports.
The plot is optional. At first it was very exciting to watch but after watching it too much it got boring.
The difference between these three is their streaming content and pricing.
The highest price is of course the limited cable channels. The purchasing power of global language service providers is obvious to everyone.
Next up is HBO these custom cables.
The worst of course is AMC basic cable.
There are many basic cable channels, the most famous being USA, AMC, TNT, MTV and Disney.
Compared to similar industry peers, AMC TV's 39 million subscribers are on the low side. Because a lot of times these base cables are all base stations in the same package.
Here I have to mention "cable operators" in the US.
Because the above TV channels are essentially just program content providers.
They are commodities.
There must be a "supermarket" and a canal to see them. Like the actual owners of the New York Knicks, CSC is that kind of company.
Plus, Comcast, the giant Abel always wanted, is a giant among cable companies.
Compared to Comcast, any TV station and media group behind it is scum!
But Comcast is too out of reach to afford.
amc television is.
In recent years, AMC's situation has become increasingly worse. Its original film resources are insufficient. Therefore, over the past ten years, its other companies in the same industry have been acquired by media conglomerates one after another.
These media conglomerates have acquired Hollywood giants.
This is equivalent to having the support of Hollywood giants in the same industry.
I'm not. This caused AMC to move during the film's screening.
Obviously, these movie giants have their own sibling channel, AMC obviously cannot air the latest movies.
What AMC has are old movies that came out many years ago, even decades ago.
amc can only rely on dramas to continue to exist.
But other colleagues also make dramas. When filming TV series, they also received the support of these Hollywood giants.
amc is still at a disadvantage here.
Time and space go together,
If it weren't for the sudden release of "The Walking Dead" to continue life.
AMC, which no one wants, could go bankrupt around 2010.
"Estimated about 1.3 billion USD"
Watching the news on AMC cable channel, Abel fell into deep thought. Although the audience of cable channels is much lower than that of public television networks.
But these public television channels are owned by companies so they are not easy to get.
Any of them, without a capital of more than tens of billions of dollars, is unrealistic.
Most of them cannot be bought with money and the only one that can be bought is NBC.
But if you want to buy NBC, it is estimated that you will need at least tens of billions of dollars in cash. At the same time, there must be some resources that the parent company GM wants to exchange.
amc is much simpler.
There is no big boss behind this, the controlling company is Rainbow Entertainment Media.
The key is that business is dark and makes no money.
Basically belongs to the business that can be earned with money. After reading the information here, Abel also made up his mind.
The amc movie channel is temporarily untouchable, it won't be available for a few more years.
Instead, we could first get to Internet streaming, then get rid of the Supreme Act first.
But to stream over the Internet, you have to ask yourself whether the bandwidth of the US Internet at the time will support it.
All Silicon Valley has to do is worry about these things, and I just have to invest the money. Amc cable TV was not the same after purchasing it.
Your own memory card is the most important part.
Then you just need to wait for the opportunity or increase your strength. When the time comes, you will be able to buy NBC.
If you buy NBC, this powerful media empire will be heralded as taking shape. Public television includes NBC,
Cable TV has AMC,
Film production at MGM,
Entertainment intermediary broker with CAA,
The newspaper reported ab smith,
Fashion has an Isa parade,
Basically completed.
At that time, a media giant will be established, not inferior to Viacom and Time Warner.
If Comcast can also win at the same time, it can be said to dominate the American media industry.
But...again, Comcast is basically the same size as American radio and television. That's always a personal question.
Owning its shares is unimaginably complicated, without a ten-year plan and sufficient strength.
Wanting to have it is just an illusion.
"Contact Rainbow Company." Abel threw the information on the table, stood up and said to Alan Baker:
"For $1.5 billion, I want AMC cable TV."
"Understand." Alan Baker silently helped his boss pack documents and responded immediately.
"Let's go, I'll see if David has closed the net yet. I could have left the field completely today."
Abel smiled and left the office.
Smith Capital's investment in sterling foreign exchange began closing positions and exiting the market the other day.
Due to the large amount of money, it takes a long time to close the position.
Fortunately, over the past two days, the dollar has been shorted.
This causes the British pound, the strongest after the US dollar, to continue to increase in value. When Smith Capital closed and exited, the speed increased many times and the difficulty decreased many times.
Initially, this will take at least a week, but it could take ten and a half months to ensure the release is highly profitable.
In terms of time and difficulty, it has been reduced and lowered significantly.
So yesterday afternoon, Abel announced that the blockade on the Smith Building had been lifted.
Relevant company employees can freely enter and exit the company building. Anyway, even if I want to reveal the secret now, it won't work.
Why is the British pound so hot now? Smith Capital is selling like crazy.
The other players on the field, these bulls are shopping like crazy.
There are more buy orders than sell orders, so exiting the market is naturally easier.
Heard this from the boss, former senior actuary of Mingde Fengyi. Alan Baker looked back and suddenly felt a little respect and awe.
After the blockade of the Smith Building was lifted yesterday, as a member of the think tank.
Alan Baker only knew that the boss and Smith Capital made such a crazy investment this week.
The key is.
Crazy investment behavior like Las Vegas. fxxk actually made a profit.
Profits were also noticeably overstated, which came as a huge shock to Alan Baker, whose main client had previously been on Wall Street.
This investment/income ratio left Alan Baker paralyzed after learning some inside information.
Wait for Abel and Alan Baker to arrive at the trading room on the third floor.
There were hundreds of people on the trading floor and it was full of voices at the moment. Abel walked in
Alan Baker saw hundreds of people, led by David Mellon, clapping and cheering wildly.
Waiting for this kind of passionate excitement, after a few minutes, it was finally suppressed by Abel.
Alan Baker got some data that left him speechless.
Here's the related story from Smith Capital this time, after the entire investment cycle officially ended.
The account balance is 17.159 billion USD. Alan Baker recalls.
Smith Capital's capital this time is 10 billion USD.
So much for $7.1 billion.
Clearly it is profitable in this investment cycle!
About seven days, profit of 7.1 billion USD?
Profiting over a billion dollars a day, this data simply makes Alan Baker feel like he's about to suffocate. (end of this chapter)