Zhao Hongsheng’s purpose is to find out the truth and reality. Is this Fusheng Ruomeng’s great practice like Gu Qingshan reported, with stars and celebrities gathered together.

Even if Gu Qingshan whispered these words, Zhao Hongsheng couldn't believe them, because it was a bit beyond his expectations.

But if you say it from Wang Ye, there is no problem.

Of course, Wang Ye has a clear mind, but since Zhao Hong is born, he must say that this show is so expensive. If the city government supports it more, it will save a lot of money.

Zhao Hongsheng was very pleased when he received Wang Ye's promise and was not stingy. The city government promised that the city government would bear 60% of the cost of this show, and there was no upper limit.

Of course, this does not mean that the tyip company can spend money randomly, and the review by the municipal government’s finance department is not a vegetarian.

"Even if you do it boldly, the bigger the scene, the better, and don't worry about the cost."

This is a sentence left by Zhao Hongsheng before leaving.

Wang Ye told Ye Caini and Li Qinghuan word by word.

...

In addition to the busy show here, Meishu has some idleness on the other hand.

Xu Jing has formed an acquisition team and has officially contacted Conde Nast Group.

Fortunately, with the rapid decline of paper media in recent years, Condé Nast's transformation has not been very smooth.

Not only did they cut their office space in half, they also began to lay off large-scale employees, all aiming to reduce expenses so that they can survive.

In recent years, as global media experiences major transformations, Condé Nast has been unable to escape the impact of digital media. It has successively implemented a number of measures such as the suspension of publication of paper versions of magazines such as "teen       viyigue" and "self" to cut costs, but the losses continue to expand.

In 2012, the advertising revenue of Condé Nast's paper magazines plummeted, causing Condé Nast's American business to lose $120 million throughout the year. It will sell three magazines, "Brides", "gyilf     digest" and "Stop Loss".

In January 2013, a document submitted by Condé Nast International, headquartered in London, Britain, showed that the company lost nearly £14 million in 2012 due to internal organization restructuring. This is the first time Condé Nast International has suffered a loss since 1995.

Condé Nast is currently making a big bet on the digitalization and globalization of its content. In 2013, Condé Nast also established an international center for its flagship magazine brand "Vyigue", headquartered in London, providing content sharing services to other international versions of the magazine other than the American version.

Under such circumstances, the Newhouse family, the controlling shareholder of Condé Nast Group, was also a little overwhelmed.

Board chairman, Bob Newhouse, also announced that it would sell some of its less important magazine media.

Unfortunately, no one is willing to bid for the bid.

Of course, Bob Newhouse would not give up on the olive branch of Meigou. He sincerely invited the Meigou acquisition team to go to New York for an interview so that both parties could sit down and have an in-depth discussion on this matter.

Xu Jing personally led the acquisition team and flew to New York.

Meigou is really full of talents. People like Li Xin, Zhou Da, Li Guanghua and others are all top talents in the financial industry.

When talking about acquisitions or something, you don’t need to ask outsiders for help. Sending a few people is enough to be competent.

Because Condé Nast Group is an American company, Zhou Da also participated this time. The Sequoia Capital he represents is also deeply rooted in America and has a wide range of connections.

When talking about acquisition, I can help a lot.

Bob Newhouse is no stranger to US purchases, which is a company listed on the Nasdaq, America.

It is also a star stock of Nasdaq!

After Meigou went public, if we look at it in monthly units, the stock price has never fallen and has been rising.

The current market value has long exceeded 100 billion US dollars, and even in the United States, it is one of the few large companies.

Now that such a giant company wants to acquire Condé Nast Group, the Newhouse family must be treated with caution.

Although Bob did not think about selling the entire group, it is definitely the best thing to be able to have a relationship with Meigou and let Meigou Conde Nast.

The reason why Conte Nast Group's digital transformation has not been smooth enough is that this company is not connected.

For hundreds of years, they have been working in paper media and suddenly want to quickly transform into the Internet. They are really not used to it.

This is not something that can be done by changing one or two executives, or forming one or two new departments.

The most fundamental reason is actually at the group board of directors and as the chairman.

Bob is in his sixties this year. Although he has been working hard to learn new things, this era has changed so quickly that he feels that he really can't keep up.

If you don’t want the family business to die in your own hands, then the best way is to introduce fresh blood and hand it over to a person or company who can lead Condé Nast to glory again.

In his opinion, perhaps a suitable company like Meigou.

Therefore, Bob aims to make Meigou Conde Nast Group. In this way, he will kill two birds with one stone. He will not completely lose this industry, but may also regain his glory under Meigou Professional Internet.

As for the need to give up some shares, the Americans never care about this!

...

After the two teams met, Bob said sincerely and straightforwardly: "On behalf of the Newhouse family, I welcome the American Shopping friends! Before you arrived, our family had a meeting for discussion. We agree to the American Shopping Conde Nast Group!"

Xu Jing was not surprised. In contrast, the purchase volume of American products is much larger than that of Conde Nast.

If Conde Nast is listed now, it may not even have a market value of 10 billion US dollars, while the market value of 10 billion US dollars in USG is over 100 billion!

Moreover, Wang Ye analyzed at the board of directors that Condé Nast now needs Meigo's partners.

Since the other party agrees to invest, the only problem now is how many shares the other party can give up and how much the price MetPlease pays.

"Mr. Bob, then have your family discussed how many shares it is expected to be sold?" Xu Jing asked with a smile.

"Maximum 45!" Bob replied without hesitation.

This number was discussed by the Newhouse family and considered to be a relatively reasonable proportion.

Because Condé Nast Group is not listed, all the company's shares are in the hands of members of the Newhouse family. Now it is transferred 45, so the Newhouse family still has 55, and it is still in the controlling stake.
Chapter completed!