At the subsequent press conference, a spokesperson for Bluestar Technology revealed that the company is still waiting for regulatory approval from a few countries, but refused to disclose which countries it was.

Judging from the information disclosed, the EU's approval is particularly eye-catching because it does not come with any conditions.

Compared with Bluestar Technology's surprisingly smoothness, Disney has experienced a long quotation, negotiation, bidding, price increase and regulatory reviews in more than a dozen countries in the past year and two years.

The Balian League has also approved it, but it is conditional. Disney needs to promise to divest the company's interest in the factual TV channels held in the European Economic Area, including History and Lifetime channels, to avoid hindering competition after Disney acquires the assets of 21st Century Fox.

However, it was unconditionally approved by Bluestar Technology, which was a green light.

The 21st Century Fox is a North American company. The reason why it requires the approval of regulatory agencies in other countries is that there is a large number of business in other countries' markets. Mergers and acquisitions may cause monopoly in the local market and other consequences that potentially undermine market-oriented fair competition. Different markets have different levels of risk of potential monopoly. Naturally, the approval conditions given by overseas regulatory agencies are also different.

If the local market regulator does not approve the approval, forced mergers and acquisitions will lose the local market, which will inevitably bring resistance to mergers and acquisitions.

However, anyone with a discerning eye can see that the Yuzhou people have made a PY transaction and say that they have unconditional approval is that there are no conditions in the film and television sector because the conditions are in other sectors.

This is the first step on the Costa 10 billion euros. Blue Star Technology spent more than 20 billion euros, and then announced unconditional approval and did not act. This is obviously an indirect response and disgusting response to North America. If you ask me to repair the energy pipeline and force you to buy and sell, I will get along with your mortal enemy, better than before...

When investors around the world saw that Luo Sheng was over, a group of capital soon entered the market. Although they knew that this was a PY transaction between the two sides, it was still a matter of whether the European economy could improve, but money had to find a place to stay and not lie there all the time. Now that Luo Sheng has the bottom line, if he hesitates, then let's lie down.

...

The next day, video conference.

"The Ba Meng has been approved unconditionally, and several other major box office heavy-weight markets have also been approved. Now it is the last major obstacle for North America. The transaction to acquire entertainment assets under 21st Century Fox was officially submitted to the North American Department of Justice yesterday." Zhang Bowen is reporting to Luo Sheng on the recent progress of work on this major merger case.

Luo Sheng nodded with satisfaction and said, "Well, the potential external instability factors have been settled in a lightning manner. In the future, we will do our best to launch a general attack on this last obstacle."

Zhang Bowen continued: "A little accident happened. News came from North America. Comcast Telecom, a parent company of Universal Pictures, also joined the merger and acquisition case and gave a quotation of US$85 billion, which is much higher than the quote we gave."

Hearing this news, Luo Sheng couldn't help but curse: "Made, this is obviously a place to raise the price, intending to increase the cost... and Murdoch is also a competing match."

Zhang Bowen nodded and said, "Yes, from any perspective, Comcast Telecom will never really buy Fox."

At&t's acquisition of Time Warner was officially approved, which directly led to a surge in media stock prices. The overall value of 21st Century Fox is also rising. In the past two days, the stock price has soared by about 12%, and the total market value has risen to US$28 billion.

Luo Sheng thought for a moment and said frankly: "Our bottom line is $100 billion. If we pass this line, we will give up the acquisition. The premium is too high. This deal is not worth it. Let's revalue Fox's assets. Let's continue to talk to Murdoch, and you can pay $55 billion in the form of Blue Star Pictures stocks. The remaining assets can become the debt of the parent company Blue Star Technology. However, Murdoch must withdraw and allow his son to get a seat on the board of directors of Blue Star Pictures. Both are fine, but it cannot affect the parent company's right to speak for Blue Star Pictures."

Zhang Bowen said: "That Disney..."

Luo Sheng said in a deep voice: "At this card table, Disney is no longer a major player, just play a war of words. If we can't afford it, Disney will be even more unlikely to swallow it. North America will definitely obstruct and refuse to pass it, but Murdoch is not stupid either. He wants to sell a high premium. We can give him a relatively high valuation and make him a major shareholder of Blue Star Pictures. As long as he gives up control, he will be able to eat a bite of meat in the entertainment industry in the future."

"It is not impossible for Blue Star Pictures to be divested and listed separately in the future, but Murdoch wants to eat big meat and count money in the future. He must actively promote the success of this merger and acquisition case, which should be promoted. This is too greedy for his interests."

The merger and acquisition of 21st Century Fox is considered a "Century Merger and Acquisition" case, and the trouble is certain, but Luo Sheng did not care too much. Since the company's rise, debts and debts have been in a mess, and he has been used to it for a long time.

Zhang Bowen nodded and replied, "I understand, let's make arrangements after the meeting."

Luo Sheng added: "Prepare for both hands. We must give full play to the advantages of our own streaming channel. The popularity of "The Wandering Earth" has brought a good start to the company's biggest goal to occupy the commanding heights of cultural output. Under the existing channels, we can make the content as soon as possible."

After the video conference, Luo Sheng went to the Coast of Blue to investigate the production capacity of Dabai robots, and the layout of the cultural industry on Blue Star Technology is also accelerating.

The global headquarters of "The Wandering Earth" has successfully exceeded US$800 million, temporarily winning the top spot in the 2019 box office list. However, many hit movies have been released this year, such as "Spider-Man: Far From Home" co-starring with Blue Star Pictures, "Frozen 2" by Disney and its blockbusters, "Avengers: Endgame" and other blockbusters.

However, it is not a big problem for "The Wandering Earth" to win the top ten box office movies of 2019. The most terrifying thing is that it has such an explosive result. 90% of the box office contribution comes from the single market of the Greater China market.

The explosion-making achievements of "The Wandering Earth" actually gave Blue Star Technology a great say in the acquisition of 21st Century Fox. Of course, it is not the movie itself, but the box office appeal of the Greater China market has been verified once again with "The Wandering Earth".

The Greater China market is a heavy box office position that Hollywood's major film giants cannot lose, and this is the bargaining chip.

In the coming days, Bluestar Technology will actively promote the acquisition of 21st Century Fox, while Bluestar Pictures will also actively promote the content production plan.

The film and television production of the first domestic science fiction IP "Three-Body" series has been officially put on the agenda and has become a top-notch new project under Bluestar Film. Even the leaders of the Ministry of Culture attach great importance to this project.

Movies, TV series, and animation go hand in hand. If you have money, you dare to fight on multiple fronts.

Since "The Three-Body Problem" won the Hugo Award, it has become a best-selling science fiction masterpiece around the world. If "The Wandering Earth" is the touchstone of Blue Star Technology's film and television cultural strategy, then "The Three-Body Problem" is the absolute main force.

Nowadays, "The Wandering Earth" is still being released, while Blue Star Film has announced the establishment of the "Three-Body Problem" project while it is hot, which has caused a huge sensation in the domestic film and television industry for a while.
Chapter completed!