Chapter 998 Satisfactory results

Of course, there is another way, which is to merge Netflix with DailyVedio, so that there will be no competition between the two parties, and the global market can be unified, which can be said to have many benefits.

But there will also be a problem, that is, the interests of media groups including SEM Group and Sky Group will be diluted.

You can say that after the merger of the two parties, the scale of the new company has expanded, which is equivalent to making the cake bigger.

But why did companies including Disney and 20th Century Fox come up with their own Hulu platform in the original time and space, and BBC and Sky TV also have their own streaming platforms, instead of cooperating with Netflix all the time?

This involves the allocation of internal resources of a company. When the proportion of these media groups in the shares becomes smaller, Netflix will inevitably encroach on or even damage the interests of media groups such as SEM Group and Sky Group in some decisions for the overall benefit.

Of course, you can say that these media groups themselves are also controlled by Barron, but this does not change anything. The so-called "no faction within the party, all kinds of weird things" The larger the size of a group, the more it will gradually be divided into its own interest factions.

After all, for the CEOs of these companies, the revenue of their own companies is the most fundamental standard for measuring their work performance, not to mention that even if the two parties merge, Hastings's desire for control will not allow Netflix's management rights to fall into the hands of others, and conflicts will inevitably arise at that time.

Therefore, Baron did not promote the merger of the two, but allowed the two parties to compete - just to limit this competition within a benign scope, so as not to cause too much internal friction.

Not only in the streaming platform industry, there will also be competition between Woaw in the social field and companies such as Twitter and Snapchat invested by IC Capital, and these are all such considerations.

Otherwise, he could directly promote Woaw's acquisition of these companies, thereby creating a social giant that occupies most of the global market share, but in addition to being easy to face antitrust reviews from various countries, it is also easy to attract criticism.

...

In early May, IC Capital finally reached an agreement with Lenovo Group, and Lenovo Group will invest US$3.5 billion to acquire Motorola Mobility's mobile phone business.

Lenovo Group acquired Motorola Mobility's brand, trademark portfolio, 2,000 patents and partnerships with more than 50 operators around the world.

In addition, Lenovo also took over Motorola Mobility's product planning, including Motorola Mobility's mobile phone business design centers in China and the United States.

Because Lenovo has a production base in Jiangcheng Optics Valley in China, in order to reduce the bid, they did not take over Motorola Mobility's mobile phone production base in Tianjin - in the original time and space, this production base was sold by Google to Flextronics in 2012, and then continued to manufacture Motorola mobile phones. Now it has been sold to Honor Electronics for US$100 million and will be used as their Dopod brand production base.

Motorola Mobility's set-top box business has also been spun off from Motorola Mobility and renamed Motorola Electronics, still using the Motorola brand.

Lenovo Group's $3.5 billion acquisition payment this time includes $1.05 billion in cash, $750 million worth of Lenovo Group common stock (accounting for about 5% of Lenovo Group's total share capital), and $1.7 billion in three-year promissory notes.

This acquisition is also another large-scale overseas acquisition by Lenovo Group after it acquired IBM's personal computer division for $1.25 billion in 2004 and acquired IBM's low-end server business for $2.3 billion earlier this year.

Lenovo Group's CEO Liu Yuanqing later declared that this acquisition is an important part of Lenovo Group's global expansion strategy. Through this acquisition, they can absorb Motorola's advanced technology accumulated over the years and use it to enter the mature markets of Europe and the United States. Motorola's brand influence and operator relations provide Lenovo with a convenient way to enter these markets...

As for IC Capital and GII Fund, which acquired Motorola Mobility for $10.5 billion, they are also very satisfied with this transaction.

After all, when they acquired Motorola Mobility, they had $2.5 billion in cash on their books, which is equivalent to the company they acquired for $8 billion.

Now its mobile phone business has sold for a total of 3.6 billion US dollars (plus the Tianjin production base sold for 100 million US dollars), and the remaining Motorola Electronics (set-top box business) is worth about 3 billion US dollars. In addition, from the acquisition of Motorola Mobile to now, IC Capital can also obtain nearly 4 billion US dollars in tax exemptions due to Motorola Mobile's net operating losses in the United States and overseas businesses...

Calculated in this way, the price IC Capital paid for Motorola's more than 20,000 communication patents is negligible, and these patents can bring more than 10 billion US dollars in market value to Android.

No matter how you calculate it, it is a very cost-effective deal...

At this time, Barron has returned to London.

At this time, the European Parliament election is about to be held, but in Britain, there is not much of this atmosphere.

After all, there are differences in attitudes towards the EU within the UK, and in the past two years, especially due to the refugee issue, the UK's Euroscepticism has intensified.

And relatively speaking, British voters are more concerned about domestic issues such as the economy, health, education, etc., rather than the European Parliament elections - in this case, the European Parliament elections are considered secondary.

"After reaching a new investment agreement, the construction of the Hinkley Point C nuclear power plant has started again. This time it is relatively smooth and is expected to be completed before 2018."

The original text is in Liu # 9 @Shu/Bar!

Just as Talulah Riley obtained the latest information from United Energy Group on the British Energy Group's Hinkley Point C nuclear power plant project in England, under pressure, Electricité de France finally reached a final agreement with United Energy Group and China General Nuclear Power Group on China General Nuclear Power Group's investment in the Hinkley Point C nuclear power plant project.

To this end, EDF also made concessions, allowing CGN to hold a majority stake in Bradwell B in the subsequent nuclear power plant projects and use their "Hualong One" nuclear power technology.

After this agreement was reached, under the promotion of Barron, the British police also took quick action. The "environmentalists" who had previously occupied the construction site of Hinkley Point C were immediately cleared out, and this project was finally able to proceed smoothly.

After all, in the previous project of High-speed Rail Line 2, they already had rich experience in friendly exchanges with these "environmentalists", and were able to hit the key points and prevent these people from making any waves.

As for why they didn't act so quickly before?

EDF is the major shareholder of British Energy Group, and United Energy Group, which only holds 40% of its shares, has no need to take over.

What's more, if they don't put some pressure on them, how could EDF so easily agree to this investment agreement with CGN?

After all, when it comes to construction projects, Barron still trusts Chinese companies more. Although the French are slightly more reliable than the British in this kind of project, the gap is relatively limited...