Chapter 361 (1/2)
”3000, I think this is the best number of blockbuster chain stores in the United States. It's very unwise to blindly pursue market share, which will only let us waste our capital and energy in commercial areas with low return rate. Through continuous optimization of the planned 3000 video chain stores, I hope blockbuster can achieve 50% of the local market share in the next three years. ”
The videotape industry in the United States has developed rapidly in recent years. It is estimated that the sales volume will exceed 10 billion US dollars this year, which is twice the domestic box office.
If blockbuster can achieve 50% market share, it will be an industrial giant with annual revenue of US $5 billion and profit scale of US $500 million, and its market value can easily exceed US $10 billion.
It's in loft, office three, danelis studios.
Simon listened to Nancy and said, ”if your goal can be achieved, maybe I should buy out the remaining shares of blockbuster now.”
”I've calculated,” Nancy said with her slender fingers on the table. ”Blockbuster's recent market value is about $3.2 billion. With the Gulf war going on, it may fall to less than $3 billion in the next period of time. For a wholly-owned acquisition, the quoted price can be controlled between 4.5 billion and 5 billion US dollars, and we actually need to pay about 3 billion US dollars in cash. ”
Simon looked at Nancy's beautiful and delicate hand, smiling and said, ”you know, I'm planning a big acquisition recently.”
Nancy felt Simon's eyes and gave him a white look. Seeing that the man didn't mean to feel guilty at all, she didn't move her eyes. She had to pick up the coffee cup next to him and sip it. She said, ”the two things don't conflict. Even if you don't have enough funds, it's not easy to borrow billions of dollars from the bank.”
The debt crisis that broke out at the end of last year caused the major banks in North America to tighten credit one after another, making it more difficult for many enterprises to obtain loans. However, Simon, such a high-quality borrower, has become the most enthusiastic lending target of major banks.
Even Simon's attempt to raise $10 billion will not be too difficult.
”That's right,” Simon said. ”It's just that I'm still thinking about other things outside of globegroup. It's also a big plan that costs a lot of money, and the rate of return is higher than blockbuster. Therefore, this matter can only be considered later.”
When it comes to the acquisition of billions of dollars, Nancy didn't expect Simon to agree. After listening to Simon's other plans, she said curiously, ”what?”
Simon shook his head. ”I can't tell you.”
”Don't you think I'm trustworthy, boss?” said Nancy
”Of course, it's worth it,” Simon affirmed. ”But trust is something that needs to be maintained. The most important thing is, if it's not necessary, don't give others reasons that may undermine this trust.”
If Nancy understands, ”well, I won't ask.”
”Well, let's talk about overseas,” Simon went on. ”I find that blockbuster's overseas expansion seems to be a bit slow. Video chain stores are different from cinema lines. They are subject to little government regulation and trade barriers in overseas markets. Since they intend to expand, overseas expansion should also be a very important one.”
Compared with blockbuster, the scale of its chain stores in the U.S. can exceed 2000 this year. Overseas, it has only completed the small-scale layout of its neighboring countries in the U.S. and five European countries, namely, Britain, France, Germany, Italy and Spain. Moreover, in addition to the synchronous development of Canada and North America, the total number of chain stores in other markets is less than 200, mainly concentrated in the core cities of London, Paris and Berlin.
”For the time being, those overseas chain stores are just exploring the market, and the preliminary market research and data analysis are very important. As long as the funds are sufficient, the overseas expansion speed will not be worse than that of North America. In addition, I recently plan to connect all blockbuster's chain stores in the Boston Washington Metropolitan Area on the east coast to the Internet, and I also plan a new membership system for blockbuster. In short, there are a lot of things to do, and the overseas market can't spare too much energy for the time being. ”
”You just know it,” Simon nodded, and said, ”and don't take everything on your own. Just let go of what should be given to Wayne hueyzanga and James Frey.”
Although it is a very important holding company of danielis entertainment, because of the existence of Nancy Brill, Wayne hueyzanga and others, Simon is very confident about the company. Except for some important financial and personnel changes, he basically does not care about the specific operation of blockbuster.
”I understand.”
Nancy said, thinking of something, beckoned her assistant who was waiting nearby, explained a few words, turned to Simon and explained, ”speaking of blockbuster's membership system, you can help to see what needs to be improved. And the sand dune video game, which has been tested in-house, happens to give you a copy
Seeing that the little woman was going to press the boss blatantly, Simon said, ”I'm hundreds of thousands a minute. Don't bother me with this kind of thing, right?”
The layout of real-time strategy games is a very important classification from the era of stand-alone games in the 1990s to the era of online games in the new century. Many years later, world of Warcraft, League of heroes and other phenomenal popular online games are inextricably linked with real-time strategy games.Therefore, Simon has been following up the production of sand dune. After all, it has a lot to do with the layout in the future.
He has no interest in discussing blockbuster's membership system.
There are so many people in blockbuster company, they can't keep it for nothing.
Nancy didn't understand the hundreds of thousands of stalks in a minute. She said, ”I just want you to see if you have any good ideas. Of course, we should make our own details. I find that you can always come up with new ideas that break through the limits of ordinary people's thinking. This talent is just enviable. ”
”Is that a compliment? But why didn't I feel it myself? ”
Nancy said: ”DC movie universe, just such a plan, do you know how amazing it is? As long as next year's two films can succeed, this plan may be added to the case textbook by Harvard Business School. ”
Simon said with a smile, ”well, I'm really good.”
Nancy gave Simon another white look.
The assistant soon sent a folder and a copy of dune.
Simon put the game floppy disk aside, opened the file, and Nancy said, ”for the time being, we plan to divide the members into junior members and senior members. We mainly offer member discounts, extend the return period of video tapes, reduce the liquidated damages and other terms, as well as some ideas of monthly or annual package.”
Ask Nancy's assistant to bring him another bottle of water. Simon lowers his head and starts to look at the membership plan in front of him.
Nancy didn't waste her time either. She flipped through another document and noticed that her assistant had sent a bottle of mineral water. She also found a topic and said, ”I've seen you only drink water several times. Why don't you drink coffee?”
Simon didn't look up and said, ”Jennie and I are going to have a baby. Coffee is not good.”
Nancy wondered, ”does coffee affect children?”
”It's a serious impact, so you need to pay attention to it later.”
”I'm not going to get married.”
”Not getting married doesn't mean not having children.”