If Wandou Video and Ark Culture reach a merger, then the copyright of "Wulin Gaiden" may not be available to Penguin Video.

There will also be future TV series produced by Ark Culture. If Penguin Video wants to compete, the difficulty will continue to increase.

If there are a few more TV series at the level of "Nirvana in Fire", "Dark Glory" and "Hurry Up", Wandou Video will develop very rapidly.

Therefore, Penguin Video felt the crisis. President Qiao Zhongmin, Vice President Li Xueying, and Penguin Investment President Xu Guangyi invited Fang Xing to dinner together, hoping to get some information.

"Mr. Fang is really stomping his feet, which makes the film and television industry tremble." Xu Guangyi joked first.

"I'm just planning the company's development direction, but I didn't expect to alert the three bosses." Fang Xing answered with a smile.

"It's okay not to be alarmed. Mr. Fang is planning to invest in Wandou Video, and the structure of the video website will change." Qiao Zhongmin, President of Penguin Video, sighed.

"We just started talking, and we haven't even written a word yet." Fang Xing replied casually.

"Based on my general understanding of Fang Xing, Fang Xing has always acted vigorously and resolutely. The acquisition of Huahuo Media was just a matter of one meal," Xu Guangyi joked.

"After all, it's an acquisition worth 50 million, and Boss Tao is easy to talk to. This cooperation is worth several billion, so it can't be so fast." Fang Xing said this, but in fact, when the investment department calculated the contract value, this

The merger and acquisition case can then continue to be discussed.

If it's fast, it can be fast.

Xu Guangyi stopped beating around the bush and asked proactively: "Mr. Fang, do you think it is possible for us to deepen our cooperation?"

Fang Xing replied noncommittally: "This... depends on how we cooperate."

Xu Guangyi continued: "Our group has invested in Ark Culture."

Fang Xing shook his head: "It seems that this is the fourth time Mr. Xu has made this suggestion."

Xu Guangyi shook his head: "Mr. Fang, listen to what I have to say. This time it is a premium, and the premium is very large. The valuation can reach this amount."

As he spoke, he stretched out a finger and patted the back of his hand, then spread his fingers and patted again.

Fang Xing understood what he meant. This was a valuation of 15 billion for Ark Culture.

At present, Ark Culture has not really entered the investment industry, so all valuations are only calculated.

The valuation offered by the investment industry to Ark Culture is currently around 10 billion.

This valuation is actually not low.

Because Guangguang Entertainment is owned by Fang Xing and Tong Fei and does not belong to Ark Culture. Huahuo Media is indeed a subsidiary of Ark Culture, but currently there is only one popular artist, Wang Kai, and his valuation will not exceed 80 million.

Nebula Animation and Nebula Special Effects are indeed subsidiaries of Ark Culture.

However, Nebula Special Effects has only been established not long ago, and the special effects company will burn a lot of money in the early stage. If it fails to develop in the end, it will be a pure loss.

Therefore, when calculating valuation, Nebula Special Effects is a negative equity.

besides.

Fang Xing also has a Linjiangxian Resort Villa under construction in his hometown of Baitang Town.

Fang Xing personally holds shares in this resort, and part of the shares has been transferred to Fang's parents and Fang's mother.

In addition, Fang Xing also owns 20% of Songshi Records.

Based on this calculation, the valuation of Ark Culture is basically the valuation of three companies: Ark Culture, Nebula Animation and Nebula Special Effects. A valuation of 10 billion is considered a very accurate calculation.

Of course, this 10 billion valuation does not include Fang Xing’s personal value, as well as the potential of Nebula animation and Nebula special effects.

If the valuation was only 10 billion, it would be impossible for Fang Xing to agree to Penguin Group's investment.

However, Fang Xing did not expect that the valuation offered by Xu Guangyi would be at such a large premium.

actually.

For an investment like this where one party takes the initiative and the other party is indifferent, a premium is inevitable.

However, Xu Guangyi’s valuation of 15 billion was too high, a full 50% premium.

Because the premium was too high, Fang Xing didn't know how to answer for a moment: "This..."

Fang Xing was indeed shocked at first, which caused his brain to short-circuit for a moment, but he quickly figured it out.

If Penguin Group pays such a high premium, it will definitely add restrictive clauses to the contract, such as limiting how many movies and TV series Fang Xing has to make each year that meet the performance standards.

"Mr. Xu, thank you for your love, but Ark Culture does not lack funds, so there is no need for investment."

Fang Xing is now planning to acquire shares of the video website. There is no shortage of funds at all, so there is no need to invest.

Penguin Group has invested in many companies in the entertainment field, from live broadcast to film and television to short videos, investing in various fields.

That's because these companies need to burn money like crazy when they expand their markets in the early stages, and they simply can't survive without investment.

However, the development of Ark Culture does not require burning money, and it does not even require much bank loans. Only the second phase of the headquarters park project requires bank loans.

Therefore, even though Penguin offered a high premium, Fang Xing still refused.
Chapter completed!