Chapter 1360 Winning "Vanity Fair"

The first movie Yin Jun chose for Sophie Marceau was a very suitable work for her.

"Mean Girls".

Translated into Chinese, it has a very expressive name.

"Mean Girls."

This relaxed and cheerful campus comedy film, which caused a youth storm around the world, has grossed more than 130 million US dollars at the global box office.

Its video revenue was even better, bringing a total profit of more than 30 million US dollars to Paramount.

Based on this tape alone, Paramount has already made its money back.

Because the revenue was very good, Paramount immediately arranged for "Mean Girls 2". As a result, after losing the previous four heroines with their own characteristics, the box office and response of "Mean Girls 2" were not good.

The original leading actress was Lindsay Lohan from Disney's Mickey Mouse Club.

The remaining three heroines are also very strong, Rachel McAdams, Lizzy Caplan and Amanda.

Interestingly, the last three are all famous actors in the future, but only the first heroine Lindsay Lohan has become worse and worse, and she has almost no works.

The success of "Mean Girls" is definitely not only because of the good performance of the heroine, but also because the other girls in it all have various charms that are not inferior to the heroine. Young and beautiful movies appear.

Therefore, Yin Jun not only wants Sophie Marceau to play the first heroine, but also has to find some suitable opponents for her.

In this regard, the boy does not need to take action himself, he can just leave it to the company's producers and directors who are responsible for the production.

They all know the relationship between Yin Jun and Sophie Marceau, and they will definitely not neglect it.

In all companies, as long as it is something ordered by the boss, their execution ability is generally very good.

For example, on the day after the Oscars, Yin Jun invited Colauti from Goldman Sachs to discuss the acquisition of Vanity Fair magazine. In less than five days, he received a positive response.

"Vanity Fair" belongs to Condrast, the most famous old magazine group in the United States. It was also very popular in the 1930s.

However, due to the Great Recession that followed, Vanity Fair was suspended for decades. It slowly began to resume publication the year before last, but the effect was not good.

In the past two years, Vanity Fair has not lived up to expectations, much to the disappointment of Condrast's headquarters.

Suddenly, a super rich man came and wanted to buy this magazine, which was not so prosperous. Of course, they were very happy.

Yes.

In the eyes of Americans, Yin Jun is a super rich man.

Because according to calculations by Wall Street in the United States, Yin Jun's total assets now have reached 4 billion US dollars.

This is Yin Jun's actual assets after excluding loans of up to 4.5 billion US dollars.

Ahem...

By the way, Wall Street is also powerful. In August last year, Yin Jun had only 3 billion U.S. dollars in debt. However, during the subsequent bargain hunting process, he borrowed 1 billion U.S. dollars from Sumitomo Bank and 500 million U.S. dollars from HSBC. All the U.S. dollar matters were discovered by them.

Because Kirin Group is not a listed company, there is no way to accurately estimate Yin Jun's assets, but Forbes still gave Yin Jun a rough ranking of his assets.

They have valued Qilin Culture at as high as 4 billion US dollars, and the richest thing in the Qilin Group is naturally the series of comic copyrights under "Qilin Weekly".

"Among them, there are already gems like Transformers and Saint Seiya. Who knows there won't be a third one?" - This is the best compliment for "Kirin Weekly".

Ranked second is the North American branch.

Out of its high regard for its own domestic companies, the North American branch owns wholly-owned subsidiaries such as Disney, United Artists Films, Digital Domain, IMAX, and Silicon Graphics, as well as shares in MTV TV Channel, Microsoft, Nike and other companies. Therefore, the valuation has also reached 3 billion US dollars.

The remaining assets of Yin Jun, including factories in China, were valued at a total of US$1.5 billion.

After conversion, it is exactly 4 billion U.S. dollars in net assets.

When Americans look at a person's wealth and status, they definitely not only look at money, but also the quality of his assets.

Coincidentally, among the world's three major rating agencies, the evaluations given to Kirin Group are all AAA, and they are "companies that are encouraged to invest in it."

This is why we are quite optimistic about the future of Kirin Group.

Four years later, in 1987, Forbes would release its first ranking of the world's richest people. At that time, there would be no concept of the world's richest man.

But the financial system of the United States is very complete, and they have already had a well-known estimated ranking in the industry.

In this estimation system, Yin Jun ranked in the top twenty.

The people in front of him and the people behind him, the youngest one, are all more than twice as old as Yin Jun.

As one of the most famous old magazines in the United States, Condrast is naturally aware of Yin Jun's reputation and his wealth.

He invited senior partners from Goldman Sachs to ask. Naturally, he had a strong desire to buy, rather than just asking.

After careful consideration, they offered a price of $30 million.

Colauti’s advice to Yin Jun was, “The price is slightly higher than the market price, but I still recommend taking it.”

As Yin Jun's earliest partner in the United States, Colauti has helped Yin Jun run many businesses, including the now prosperous Disney and United Artists Film Companies, both of which he helped buy.

At the beginning, Colauti was still thinking that if Yin Jun did not manage well, within two years, he would help Yin Jun sell the two companies and make another profit for himself.

But I didn't expect that after the two film companies came into Yin Jun's hands, it was like a shot of chicken blood. Good works and programs continued to appear, and their value soared. Now, He has become the number one giant in Hollywood. It is simply amazing. People can't believe it.

Even Colauti himself never thought of it.

Looking at Yin Jun's continuous siege in Asia's "Kilin Weekly" series, Colauti has regarded Yin Jun as his best partner in the future, rather than a pawn that can be exploited.

These financial elites always know how to find a way out for themselves.

Or find someone to rely on.

Just in case you are at the end of your rope, someone can help you instead of jumping directly from the Empire State Building.

The reason why Colauti looked for Yin Jun was not only that Yin Jun was a genius, but also because he knew Yin Jun's character.

This is a modest gentleman from the East who never has anything to say to his friends - the feat of selling billions for Heung Kong Commercial Bank last year is really not something that ordinary people can accomplish.

But there is also one thing. You can't be false to him. You have to become a true friend. Only then will Yin Jun help you without hesitation.

Therefore, Colauti has long abandoned other ideas and worked hard to help Yin Jun do things seriously, striving to become Yin Jun's best friend as soon as possible.

So this time for the acquisition of Vanity Fair, Colauti personally took the initiative and negotiated the price quickly.

Of course, Yin Jun couldn't believe only Colauti. Kirin Group also commissioned a consulting company to evaluate the price of "Vanity Fair", which was about 30 million US dollars.

The boy didn't know how Vanity Fair was sold to the Newhouse family, a super media tycoon, because Shiyi Newhouse purchased the entire Condrast Group for about US$200 million.

Then, Shi Yicai invested heavily in "Vanity Fair" again, bringing "Vanity Fair" to life, and finally became the most profitable single project of Condé Nast Group.

But when it comes to buying something, what matters is not how much it is worth now, but how good its growth potential is.

For example, Apple's current turnover has exceeded 600 million US dollars, accounting for 43% of the personal computer market, which can be described as a huge momentum.

It is also highly sought after in the stock market. The three major rating agencies have given it a AAA rating, the same level as Kirin Group.

Kirin Group is a private group and will not accept investment from ordinary investors. Apple is a listed company, so of course the threshold for investing in it is much lower.

Therefore, countless people bought Apple's shares, and Apple's stock price continued to rise, becoming a hot star in the stock market.

But Yin Jun knew that this was a huge pit.

With the rise of Microsoft, closed-system computers like Apple will definitely be beaten to a pulp and have no power to resist at all.

In the end, Gang Leader Qiao was unable to save himself and could only sadly leave the Apple company he founded.

As a result, Apple has been in a trough for more than ten consecutive years. Even people like Michael Dell, who sell patchwork computers, dare to say, "The best way for Apple now is to declare bankruptcy and sell off its remaining assets. "Compensate to shareholders", this shows how miserable Apple was at one time.

If anyone buys Apple stock now, just wait and cry!

I just don’t know if they have the persistence to wait until after 2004, or even after 2007, before they have a chance to unwind.

Thinking about the wasted time of the past 20 years, Yin Jun just wants to express condolences to the investors who have bought Apple stocks in the past few years on behalf of the future Chinese investors - it turns out that you American investors also had this day. ah!

"Vanity Fair" is different. It has a solid foundation and has regained some user groups through the resumption of publication in the past two years.

And Yin Jun knows how to revitalize "Vanity Fair" and become a magazine that earns one to two billion US dollars every year. It also holds the most famous "Oscar Night" party in the world's entertainment industry, and also has The reputation of "the world's No. 1 lifestyle magazine".

Such a huge influence is more important than the money it can earn.

A powerful entertainment group needs magazines like this.

Time Warner is a good example of this.

Time Warner, which owns Time Magazine, is the number one media group in the world. No matter how powerful Disney is or how large News Corporation is, it is inferior in terms of foundation and momentum.

Of course, "Vanity Fair" is not as good as "Time Magazine", and the quality is different.

But Yin Jun doesn’t want to be the world’s number one media group!

Being among the top three in the world is enough for Yin Jun to exert his influence.

Therefore, after the young man learned about Colauti's negotiations, he signed the acquisition contract neatly.

As long as the two companies negotiate the details, "Vanity Fair" will be Yin Jun's sole property.

As for how to manage "Vanity Fair", the young man already had a complete idea in his mind.

Compared with Shi Yi Newhouse in his previous life, Yin Jun did not have to make any detours.

No one knows better than Already, that as long as two people can be found in this world, "Vanity Fair" can become the world's number one entertainment and lifestyle magazine.

Even if Yin Jun is not from this fashion circle, he has heard of the names of these two people, and he is still very, very impressed by the second generation.

…

(Happy holidays from all of us! ^_^)