Chapter 585 - 461: Successful Acquisition of Apple Video
Chapter 585 - 461: Successful Acquisition of Apple Video
In a simply decorated meeting room.
A middle-aged man of medium build, dressed in a black suit, was sitting at the conference table and said, "We’re not against the merger of Youle and Apple, but we have some concerns."
The representative from "Youle" was Assistant Jin, "Mr. Zhu, please go ahead."
The middle-aged man referred to as "Mr. Zhu" by Assistant Jin was Zhu Yong.
——He is the largest shareholder of "Apple Video," personally holding 87% of the shares, making him the big boss of Apple Video.
Zhu Yong only started interacting with the refined-looking young talent in front of him about a month ago.
A month ago, an old friend suddenly facilitated the meeting, saying he wanted to discuss the acquisition of "Apple Video."
With an introduction from the assistant to the bigwig at Starlight Investment Fund, an old friend helping to bridge the gap, Zhu Yong couldn’t just brush it off.
Though, being a notable figure in the business field, he wouldn’t necessarily give special attention to an assistant unless it was someone senior.
Yet, after a month of communication, he no longer dared to belittle this young assistant. As the acquisition project progressed, the interaction between "Apple" and "Starlight" deepening, he couldn’t afford any disregard during negotiations and was cautious each time he spoke.
"Your ’Youle’ will absorb and integrate our ’Apple’ into its own business. Even if you manage the content separately, it will still require matching quality and quantity of production to maintain the user base. And ’Youle’ is the main player in this deal, which means that ’Apple’ resources will continually be supplied to ’Youle,’ and ’Apple’s strategy will align with ’Youle’s overall strategy."
Looking at giant mergers and acquisitions in the industry, there are never safe and equal transactions. The strong always get stronger, and the weak disappear.
This cautionary tale is ubiquitous across industries.
Apple Video is Zhu Yong’s creation, and now it does need capital from "Starlight" and resources from "Youle," but his biggest fear is that while he might get the money, his "Apple" would disappear.
After Zhu Yong’s refined words, Assistant Jin immediately understood his concerns and worries, calmly replying, "Youle’s development goal is overseas streaming."
That one sentence dispelled all of Zhu Yong’s hesitations and doubts.
"That’s great, that’s great,"
Zhu Yong chuckled, "We’ve reviewed the contract on our side, and everything looks fine. Let’s sign then; it’s getting late, and we can go for lunch afterwards."
Being in the industry, he was well aware of how promising Youle’s current overseas development was.
He hadn’t seen Youle’s financial reports, but according to insider information, last year’s annual financial report showed Youle had 310 million global paid users in Q1 alone.
Among them, Q1 saw a single quarter growth of 27.57 million subscriptions, with an expected addition of 13 to 15 million new subscribers in Q2.
...
The lunch following a successful contract signing could only be a celebration banquet.
At the celebration banquet.
As the representatives from both parties, Zhu Yong and Assistant Jin sat side by side.
After a few rounds of drinks, Zhu Yong, now with a flushed face, put his arm around Assistant Jin’s shoulder, treating him like a sworn brother, "Brother Jin, whenever Mr. Shi is convenient, could you arrange a meeting? I’ve admired him for a long time."
Assistant Jin chuckled, "Mr. Zhu, we’re now one family; there will be plenty of opportunities to meet Mr. Shi."
Upon hearing this, Zhu Yong broke into a smile, "Absolutely, absolutely."
He took the decanter and personally topped up Assistant Jin’s drink.
Assistant Jin quickly shielded his crystal goblet with his hand after a little pour was made, "Mr. Zhu, apologies; I have to report our good news to Mr. Shi later, so I really can’t drink more."
"Then let’s drink a bit less," Zhu Yong promptly set down the decanter.
They were surrounded by a table of people.
Everyone seemed to be conversing politely with the person beside them, but their attention was largely focused on the two of them.
Zhu Yong chatted idly with Assistant Jin before, riding the wave of alcohol-fueled courage, leaning closer, "Brother Jin, I’ve heard from the industry talk about Youle Video’s growth performance overseas in the past couple of years. I’m quite impressed with Youle’s operational management model; are these reports reliable?"
As he said this, he lowered his voice to share some information he knew.
Assistant Jin listened carefully, nodding nonchalantly, "Youle’s management previously forecasted an increase of 7 million."
...
"Weibo?" He Yuan, who was drinking alone in his study in a villa in the suburbs of Beijing, suddenly received a call from Ma Zhou, "Forget about her."
He Yuan sat up slightly tipsy from the sofa, "She’s quite unique, doesn’t play Weibo, doesn’t watch TV, only reads papers and books; asking her to post on Weibo is easy, but she’s never used it. Don’t make her register a new account just for the program."
"I see..." Ma Zhou on the other end sounded surprised, "This Xiaoning really is a scholar, so natural and unrestrained."
He Yuan chuckled, "Different from us, she hasn’t spent half her life chasing freedom while secretly unable to let go of money or fame. She never does anything for these; she cares only about whether what she does holds real meaning and value for society and others."
With He Yuan talking like this, Ma Zhou could only chuckle and sigh, "Alright then, I’ll let the program team know not to include Xiaoning in the promotions."
"Alright, thank you, brother," He Yuan laughed heartily.
"You don’t need to be so polite," Ma Zhou laughed jovially, "Our program directors say that we should focus on themes concerning psychology and education in the future. Then perhaps you could help invite Xiaoning to our studio for tea."
"Hahaha," He Yuan laughed loudly, "I can’t decide Professor’s participation; we’ll see when the time comes."
...
In a temporarily built resting room of a domestic film crew.
Zhou Tang sat with his eyes closed on a chair as his personal makeup artist applied makeup to his face.
Nearby, Xiao Qian was half-laying on a comfy couch in a loose hoodie, scrolling through his phone.
After browsing for a while, he suddenly got up and went to Zhou Tang, who was getting his makeup done, "Bro, ’Old Friends’ mentioned you, seems they want us to help share and promote the program."
"Just share it then," Zhou Tang said, indifferent.
"But when we were on this program, we didn’t agree to help with promotions in our contract," Xiao Qian hesitated, scratching his head, "Will Sister Lin scold us later?"
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