Seeing that Edgar Bronfman Jr. has been relatively free, Melissa took the initiative to talk to him about a topic: "I heard that Polygon is laying off employees. Edgar, how is your Universal Music business situation?"

"The profitability is not very good. Universal Music is too small and there is no enough voice. I heard that Philips and Siemens, the two major shareholders of Polygon, are not optimistic about the development prospects of the traditional record industry due to the rapid development of the Internet and digital music, and want to sell Polygon. If Polygon really sells it, I would like to take it down and merge it with Universal Music."

Cang Yaozu was speechless about Edgar Bronfman Jr.'s words. This guy is in his forties and is still so immature.

"What, do you have any objection?" Edgar Bronfman Jr. was very upset when he saw Cang Yaozu's contemptuous look at him.

"Small companies lose small losses, but mergers will not lose big losses? Big companies lose big losses, okay, I suggest you do your own things first, and then think about those that are not. Polykin wants to sell, but look at it, there is no one that takes over. You want to do media and music and think about it crazy. Do you have money?"

"I don't have money? No matter how poor I don't have money, I'm richer than you. But I know that you borrow all your money."

"What's wrong with borrowing it? I'm glorious to borrow money. I'm not like you, a spendthrift. You sold DuPont's stock at a low price. Are you feeling sorry for losing? Did your dad hit you with a span?

What else do you want to sell when buying Polygon Gold this time? Come on, let me pick up a bargain, and I will continue to sell whatever you sell."

"I am happy to lose money. I can afford to lose money. Do you have money? If you lose money, you can only sell your ass." Edgar Bronfman Jr. was very annoyed.

"Haha, let's go and see who can afford to lose money, and who can make a fortune? By the way, the Seagram Building in New York is pretty good. I can buy it. Tell me when you want to sell it."

"Boy, you are the only one? It's not that I look down on you. Give me 400 million US dollars, and the Sigram Building will belong to you."

"You're crazy about money, haha. But you'll have a day, and I feel that your property will be defeated by you. Think about it, Chivas, Martell, and Royal Salutes will not belong to you. It's interesting, it's really interesting.

Hey, Mr. Bronfman, why didn’t you bring a few bottles of good wine? It’s quite expensive, so you can get a few more bottles. Jenny likes to collect good wines.”

After hearing Cang Yaozu's ridicule, Edgar Bronfman Jr. was really guilty. He really wanted to sell the wine company. He believed that the wine industry had limited room for development, low profit margins, and slow money, which was far less glorious than the entertainment industry.

France's General Water Company Vivendi has always been in contact with him, and this is a good next company for him to take over the wine company.

"So what? The wine industry has a meager profit and low capital turnover efficiency, which is far less good than the development market of the entertainment industry."

"I said, you are not young anymore. The company's development only depends on the efficiency of capital turnover, not whether it is profitable or not. Then the higher the turnover efficiency, the more you lose, the faster you lose. You are not a fool, are you? The entertainment industry is so easy to make money, so let me ask you, have you Universal Pictures made money?"

"Now is a pain period for corporate transformation, and this is an indispensable price."

"Haha, then I'll tell you, the financial crisis is coming, are you ready for the winter money?"

"No, so I want to sell some bad assets. If I sell them, I will have cash."

"You made such a reasonable point, I was speechless."

"France's Vivendi wants to buy Sigram winery, and their new CEO is good friends with me."

"Haha, I know this company, a famous garbage shelter station, known as a company's black hole. Any company that is acquired by them will be demolished and will be left untouched.

Little Edgar, you are so capable, sell yourself to them quickly. You still have the chance to cash out when the price is high, otherwise you will lose money to your collapse."

"They have a good financial situation and have been acquiring them in recent years. My business idea is to learn from them."

"They are taking a debt acquisition, you are buying it, well, there is a little similarity."

"I studied your business ideas and it was no different from mine. It was nothing more than what you didn't have to sell. You were acquiring it with pure debt."

"Uh, I've actually fallen to the same level as you? No, no, we are different, absolutely different.

I have collected so many companies but didn’t spend a lot of money. I have collected startups and poor performance companies. I can’t compare to you. You are so big. You are too rich. I can’t compare to my small family and small businesses.

Speaking of techniques, I and that guy Carl Icahn have something in common. The same is our choice of goals, and the difference is our handling of goals."

"Karl Icahn? He is old, his courage is getting smaller, he has no courage, he is just attacking some companies that are about to go bankrupt."

"You have the courage, but you have been losing money. Old Carl is snowballing, and the snowball is getting bigger and bigger, but you pick it up and throw it all the way, and your wealth is shrinking significantly."

"It seems that you don't agree with me, so let's not talk about this. Let's talk about ICQ. I want to invest in it. I will take out 100 million US dollars, accounting for 10% of the ICQ company's shares. Is there no problem?"

"You think so beautifully. A month ago, the 5% stake in ICQ company was worth 100 million US dollars. Don't you envy the rapid development of the Internet and entertainment industries? Yes, it's really fast. Now, it's 5% stake in 100 million US dollars. I don't sell it yet, so I have to exchange it for good things."

"Do you want Sigram too? That won't work, I need cash unless there is more shares, like 50%.

"Then even if you take out 10 billion US dollars, I won't sell you 50% of the shares of ICQ company. The number of registered users in ICQ can reach 50 million within one year, and the number of users exceeds 200 million in two years. Do you know what this concept is?"

"Even if your ICQ is listed, it will take several years for you to reach a market value of 10 billion. If you exchange 10 billion US dollars of assets for 50% of ICQ shares, you will take a big advantage."

"Take advantage is a loss. No matter what the price, I will not sell 50% of the shares, and the controlling rights are gone. Will I do such a transaction?"

"Then I'll exchange Sigram Wine Industry for you. I want 30% of the shares of ICQ, and Sigram Wine Industry belongs to you."

“Including Universal Pictures and Universal Music and USANetwork cable network?”

"Of course not included."

"Who will exchange stocks with you? Your wine company is worth more than 10 billion, and it will still be 10 billion in three years. The development of industrial companies will not be faster. Your entertainment sectors such as Universal Pictures, Universal Music and USANetwork cable TV network will also have valuations of no more than 10 billion, and at most 15 billion in three years.

As for ICQ, it is indeed only worth more than 2 billion yuan now, but in just 3 years, it will have a market value of at least 150 billion or even 200 billion yuan. I will not change my head if I get stuck in the door.

All are not replaced, not to mention that it is just Sigram Wine Industry. I will wait for 3 years, then cash out or mortgage 10% of the shares and buy your company. Don't worry, I can afford it."

"Well, I want to develop well, IQ is definitely not worth 2 billion now."

"The market is undervalued, so I will not sell too many shares of IQ Company. It's too much loss. I know its value range, and it only takes three years. Why don't I stick to it? If it's $3500 million, I won't get this little money."

"I know, you need Universal, your Marvel is launching a new filming plan, well, so does Legend Pictures, you don't have a distribution channel."

"You're thinking too much. Except for the movie "Hangover" that is a small-cost R-level film that can be finished in three or two months, the production cycle of the other films is one and a half years to two years. The shooting requires green screen and a lot of special effects work in the later stages. It will take at least two years to be released.

I can even shoot multiple movies continuously, and the release is still slow. I don’t rush to release the movie to recover funds. If it really doesn’t work, I will give the distribution to the six major players. I don’t rely on that to make money. I just need to spend hundreds of millions of dollars to listen to it. I just need to develop the IQ well, and I don’t know whether the main or secondary is.
Chapter completed!