2232 [Forced Vote]
Just when Friends completed the audition and filming the pilot episode, Xia Xue had already completed a feasibility study on the acquisition of Hannah Barbara Animation Company.
According to the expert team, if she can complete the acquisition within US$300 million, it will be a very cost-effective business.
Hannah Barbara Animation Company will provide Snow Media with nearly 1.6 million minutes of animation programs, enough for it to broadcast for nearly three years in a row.
But three years of advertising costs are enough to recover $300 million. And Hannah Barbara Animation Company also owns well-known animation IPs such as Scooby, Popeye, Smurfs and Modern Primitives.
These popular IPs can be used to develop peripheral products, to create sequel animations, or to adapt them into animated movies, and they can also get very high returns.
All in all, it would be absolutely wise to acquire Hannah Barbara Animation within $300 million.
Of course, there are hidden dangers.
First of all, it is not recommended to increase the acquisition price again. 300 million US dollars is already a reasonable price, and it is not appropriate if it increases again.
Secondly, after buying this company, you must manage it well. Because TV animation is now in a low point, especially for old companies like Hannah Barbara, the system and thinking have become rigid, so you have to make great efforts and use your brain to turn the situation around. Otherwise, the investment of 300 million US dollars is likely to be wasted.
...
After receiving this feasibility report, Xia Xue held the second board meeting and presented the feasibility report to all directors.
"I still think it's not reliable to spend $300 million to acquire such a declining animation company. What if I lose money? We don't have as much money as you." A director looked at Xia Xuedao with a sarcastic tone.
Xia Xue heard the subtitle of his words, and was simply questioning that she relied on Xia Tian's support, so she invested randomly and was irrational at all.
"Didn't you see this report? Experts believe that acquiring Hannah Barbara Animation Company is definitely a profitable business." Xia Xue looked at him unhappily.
"If it's really a profitable business, why do other companies have no intention of taking the acquisition?" another director asked back.
"The reason other companies have no intention to acquire is because they do not have enough funds." Xia Xue retorted, "It is now the low point in the American entertainment industry. Even the days of Hollywood giants are hard. Both of them are on the verge of bankruptcy. If they are not acquired, they are already Amitabha. Where can they get the capital to acquire others?
But we are different from Snow Media. Currently, our capital reserves exceed 50 million US dollars, and we still enjoy a loan amount of one billion US dollars in major banks. Now is a good time for us to be enterprising, expand our territory, expand our library, and improve our foundation.
If other giants wait for the recovery, do you think this business will be our turn?" Xia Xue looked at everyone and said.
"The report said that unless we are sure to run this company well, the $300 million is likely to be a waste of money." A director said tit-for-tat, "I think none of us here is good at running an animation company. Even Miss Xia, you may know nothing about it.
I admit that if the company wants to grow, it must expand, but is it really wise to acquire such an animation company that none of us are familiar with? What if the operation is not good? What if you lose money?"
"You don't have to worry about how to run a good animation company. I have experts to help me." Xia Xue waved her hand.
She didn't believe there was something in this world that my brother could not do in summer. Columbia Pictures was going bankrupt at the beginning, but her brother turned the tide. What's more, Hannah Barbara hasn't reached that level, and it will definitely not be difficult to reverse its sluggish status quo.
After hearing what Xia Xue said, the directors present immediately had nothing to say.
They all know that Xia Xue’s master is Xia Tian, and he is indeed so high that he has no edge. There are almost no movies, dramas, variety shows, music... that he is not good at. It would not be too difficult for him to run an animation company.
"Well, if Mr. Xia is really willing to help, then we will have no problem. However, Ms. Xia, you have to assure us that Mr. Xia will definitely take action and will run Hannah Barbara animation company well." A director said.
All the directors nodded.
They don't believe in Xia Xue, but they believe in Xia Tian. If he is willing to take action, Hannah Barbara Animation Company can definitely bring about a resurrection.
"I won't give you any guarantee!" Xia Xue refused straightforwardly.
She could ask her brother for help because they were brothers and sisters, but she would never let these people kidnap her brother.
If she agrees now, these shareholders will continue to bother with Xia Tian and ask him to solve all kinds of troubles.
She didn't want to see her brother become their slave.
"Whether my brother can help is all up to him. I will not force him to do anything, and you don't want to bother him." Xia Xue said coldly.
"If that's the case, then we have to think about it."
"Yes, if Mr. Xia refuses to take action, then the risk of this investment will be too great. I suggest it's better to freeze it."
"Three hundred million US dollars is not a small amount. Miss Xia, I hope you can think carefully."
When several directors saw Xia Xue say this, they all gave up their minds.
"Since everyone disagrees, let's raise our hands to vote. Those who agree to the acquisition of Hannah Barbara animation company raise their hands?" Xia Xue suggested, then raised her hands.
"Miss Xia, aren't you using your power to suppress others?" The directors protested when they saw it.
Xia Xue holds more than 60% of Snow Media's shares, is a veritable controlling shareholder and has the largest voting rights.
Even if these directors here join forces, they will find it difficult to compete with her.
"That's right, I'm just using my power to suppress people." Xia Xue looked at everyone and said coldly, "If anyone is not convinced, you can consider selling stocks."
Hearing her say this, several directors couldn't help but slap the table.
"How can you do this?", "Are you threatening us?", "We are the directors of the company. We are going to hold a shareholders' meeting to remove you!" They shouted.
Xia Xue slapped the table and stood up, frightening the directors, "Enough, if anyone disrupts the order of the board of directors again, I will ask the security guard to drive someone out. Don't think I'm really not tempered!"
After she said this, several directors immediately shut up.
"Hmph!" Xia Xue looked at them coldly, "It's decided that the company decided to acquire Hannah Barbara Animation Company."
After saying that, she strode out.
After returning to his office, Xia Xue collapsed on the ground exhausted.
Since childhood, she got angry in public for the first time, which really made her feel a little nervous. Fortunately, she persisted and did not see through it.
And with this experience, Xia Xue also understood a truth.
That is, people are good at bullying, and people are evil at fear. Those directors think they are too weak, so they dare to be arrogant.
Chapter completed!