Chapter 436 Xinghai listed

From the submission of listing materials, after several months of review and preparation, the day of Xinghai Entertainment’s listing on NASDAQ has finally come.

As one of the six major film media groups in Hollywood, Xinghai Entertainment’s road to listing has not been bumpy. The perfect profit rate makes many investors feel like they belong.

Compared with physical exchanges such as the New York Stock Exchange and the American Stock Exchange, Nasdaq has been favored as an electronic exchange over the years.

On October 26, Xinghai Entertainment officially landed on the Nasdaq exchange, with an opening price of $52 per share, a total of 1.25 billion shares, and a market value of $65 billion.

Thanks to the hot box office of the films produced by Universal Pictures, the stock price rose by 15%, and the closing price of the day was 59.8 US dollars.

Xinghai Entertainment issued 187.5 million shares and raised US$10.5 billion. Simon’s shares changed from 55.2% to 47.3%, and the shareholding of Nine Head Bird Capital changed from 16.8% to 14.28%.

Simon cashed out $1.8 billion in cash and repaid the $1 billion in credit lines owed on the bank loans that had acquired 15% of TSMC and Nvidia.

The share price of Xinghai Entertainment began to stabilize at around 62 per share, and an entertainment company with a market value of more than $77 billion was born.

At the same time, Xinghai Entertainment has also become the media group with the highest market value in the world, and Simon Parker has finally become the helm of the world’s largest media group.

“congratulations!”

“thanks!”

In the banquet hall of the Peninsula Hotel in New York, Simon responded with a smile while receiving compliments from countless people.

The listing reception of Xinghai Entertainment was extremely grand and lively. Not only many company employees and investors, but also many Hollywood stars participated.

In the huge banquet hall, there was a lot of laughter and laughter, and the well-trained waiters shuttled through it to deliver glasses of red wine and champagne to the guests.

Steve Burke, executive vice president of Doncaster Group, stood in front of Simon with a smile on his face, raised his glass and touched Simon, and said with envy: “The prospect of Xinghai Entertainment is really maddening. Now, the landscape of Hollywood might change because of you.”

Simon smiled, the six major Hollywood film companies, now Xinghai Entertainment is thriving, and after the listing, there is a wider source of funds. The pressure on the other five is also growing.

“The global movie market is huge, and now the North American market is only one-third, and Universal Pictures can’t eat it all. Only by working together can we ensure the prosperity of Hollywood,” Simon also said in an official tone.

Doncaster, the biggest competitor in the previous acquisition of NBCUniversal, has always been eager to enter the content production industry. As a leading company of cable TV operators, content production will never give up.

Doncaster also bought a lot of shares in Xinghai Entertainment, not only paying attention to the content production of upstream Universal Pictures, but also paying attention to the online business of Netflix streaming media, the conflict between cable TV and online streaming media is inevitable.

“Steve, don’t you think Hollywood is getting more and more interesting now,” Simon said, looking at Steve Burke,

“Electronic consumption, theme parks, TV broadcasting, news publishing, pay TV operations and advertising consumption, each film company has its own backing;”

“Oh, Simon, what do you think?” That’s the group business behind the Big Six in Hollywood right now, of course Steve Burke knows.

“In the past, the financial masters behind the film companies were Coca-Cola, Gulf Oil, casino resorts and other companies,” Simon continued with a wink.

“What about the current gold master?”

“Rising technology companies are a big threat to traditional film companies. In terms of online media, we can’t compare.”

“So, Steve, the biggest competitors of the traditional studios and cable TV are the tech companies that are changing every day.”

Simon doesn’t want TV operators like Doncaster to pay too much attention because of Netflix.

Steve Burke smiled, technology companies are developing fast enough, of course. But they don’t understand the production of film and television content, and it depends on the interests of entering the streaming media industry in a big way.

Now, the cable TV business cannot be shaken by the streaming media industry. Many people in the United States have the habit of watching TV.

After separating from Steve Burke, Simon didn’t think too much. The era of technology companies is not far away, and now it’s just to provide Doncaster with an opposite direction.

Simon is not too sure about whether they can serve dim sum. However, Netflix has now taken the lead, and Simon has absolute confidence.

Not only TV operators, Simon also pays attention to the telecommunications industry, and the end of ATT should not be far away. In the future, Apple, Amazon, Google, etc. will spend a lot of money on the streaming media business, which will easily attract a large number of Hollywood movie practitioners.

It is still very important that the downstream links of Universal Pictures are perfect, and the Universal Studios Resort Group is a very important part.

Simon, who drank a lot of wine, came to the balcony outside the hotel. The cold wind blowing on his face made Simon sober a lot, and he spit out a few mouthfuls of alcohol.

“Simon, you are here!” Jessica Alba also came to the balcony, and seemed to be looking for Simon to discuss something.

“What’s wrong?” The sober Simon looked back with some doubts. The **** Jessica Alba was wearing a burgundy evening dress, which made people more and more fascinated.

“I got word that Crown Entertainment has a partnership with Phoenix China Fund,” Jessica Alba said close to Simon.

Simon nodded. When he was in China before, he let Adam Root go to Australia once. He didn’t expect the result so soon.

Anyway, Melbourne, XN’s real estate business is still good, Adam Root has no problem working with that guy. Don’t you have Sands, MGM, and Wynn stocks in your hands? It’s okay to want more crowns.

“Jessica, Australia’s real estate market is not bad. If you are interested, you can invest in some. The income should be ok,” Simon also suggested.

“Of course, it also depends on whether you are interested in Australia. After all, the real estate market in many places is good.”

Jessica Alba nodded, then smiled: “I’m also preparing for business development in Australia. With a good collaborator, there is still some guarantee.”

Simon nodded, then lowered his head and kissed the girl’s lips, and the two hugged and kissed for a while.

“I’ll go to your place in the evening, and now I’ll go in and chat with everyone,” Simon said, patted the **** the shoulder, and then turned back to the banquet hall.