On October 23, 2007, Netflix issued an announcement that Chairman and EO Hastings announced his resignation. At the same time, the shareholders' meeting voted to approve Century's acquisition offer, and more than 96% of the shareholders participating in the vote voted in favor.

This acquisition will issue a full acquisition offer to all the outstanding shares of Netflix except Century Peak, at a price of 50 yuan per share, with the offer period from October 24 to November 24.

On October 27, the second Asian Film Academy Awards were held in Tokyo, Japan. This year, Chinese films were relatively strong, including the Golden Lion Award film "The Good Man in the Three Gorges" and the Golden Bear Award film "Tuya's Marriage". Among the 14 awards awarded that night, Chinese films became the big winner, and won 8 awards. Among them, "The Good Man in the Three Gorges" won the two most important awards, Best Movie and Best Director, and became the big winner.

On November 18, Century Peak and Netflix issued a joint statement that Century Peak's acquisition of Netflix has been approved by the US Foreign Investment Commission, which means that this purchase has cleared policy obstacles.

Some analysts believe that there are three reasons why the US government approved Century Peak to acquire Netflix: First, the subprime mortgage crisis in the United States is becoming increasingly serious, and foreign investment is needed to promote US economic growth and employment; secondly, the entertainment field is not a sensitive field. If even this transaction is not approved, it will greatly weaken foreign investors' interest in the US market; finally, Century Peak promised not to lay off employees, which has received support from labor organizations and local governments.

On the evening of November 24, Century Peak announced the results of the full offer. As of November 24, Century Peak has completed the acquisition of all Netflix shares. After the acquisition is over, Netflix's common shares will no longer be traded publicly. Netflix will operate as a wholly-owned subsidiary of Century Peak, but it still retains the brand. Century Peak completed the entire acquisition and paid 4.1 billion yuan, and will also bear US$2.2 billion in debt, with a total amount of up to US$6.3 billion.

According to the agreement, after the company merges, Century Peak will promise to keep Netflix's operations unchanged, management unchanged, brand unchanged, and promise not to lay off employees and not close stores.

Next, Century Peak will also accept various antitrust antitrust investigations, including the Federal Trade Commission. In addition to the United States, Blockbuster has a large number of stores in the United Kingdom, Canada and other countries, and also needs to pass the review of relevant institutions in these countries. In addition, this transaction also needs to be approved by relevant Chinese government ministries and commissions. Only when all approvals are approved can the rectification transaction be completely delivered.

However, even if the most troublesome US Foreign Investment Commission review was passed, the acquisition should not encounter any obstacles.

American media have been paying attention to this acquisition. As soon as the announcement of Century Peak was released, the media quickly reported it.

The Los Angeles Times commented: "Merging and acquisition of Netflix is ​​equivalent to opening up the Century Peak to the world's largest theater market, and has also added more impact in negotiations with many major Hollywood film companies that are eager to expand into the Chinese market."

Bloomberg Business Weekly believes that: "Century Peak acquires Netflix with many benefits. Century Peak will become the world's largest film rental company, and it will also rank in the two major film markets of China and the United States. In the future, when negotiating with Hollywood film companies, the voice will increase greatly."

The New York Times believes that: "The acquisition of Netflix will completely gain a foothold in the United States, and after entering the US market, Century Peak will have greater room for development."

Domestic media are like a chicken blood, and almost all media are reporting on the front page headlines, with US$6.3 billion and RMB 50 billion. This is the largest acquisition made by a Chinese company overseas. How can this not make people not excited?

"Acquiring Netflix at the peak of the century by 50 billion, China's cultural industry will achieve the largest overseas merger and acquisition!"

"Wollywood rushes to Hollywood: Century's peak acquisition of Netflix has become the first overseas merger and acquisition case!"

"At the peak of the century, 50 billion yuan, Chinese-language films are about to go out!"

"Century Peak Purchase the world's largest movie rental company, Chinese companies' overseas acquisitions are thrilling to swallow elephants!"

Even the People's Daily published an article commenting on this matter: "The peak acquisition of Netflix in the century is at the moment when China is promoting the cultural industry to go global. It is a positive signal and a reflection of China's comprehensive national strength, indicating that China's cultural industry will develop further with the development of its hard power."

Industry insiders are also discussing how Century Peak will help Chinese-language films go global after acquiring Netflix. In fact, this issue has been debated since Century Peak acquired Netflix.

Han Shanping, chairman of China Film Group, is an optimistic person. He believes that the acquisition of Netflix at Century is a thing that makes the industry happy. After the acquisition, it is not only conducive to the output of the film, but also conducive to the brand output of Chinese films and the output of peripheral products. Han Shanping excitedly said that we have always hoped that Chinese films will go out over the years. Now the door to the United States has finally opened, and Chinese filmmakers have finally had a path to the United States.

Zhou Liming, who is very familiar with Hollywood, is relatively calm. He said that even if Century Peak acquires Netflix, American companies will not be able to promote Chinese films beyond the market capabilities. For Chinese-language films abroad, Century Peak acquires Netflix may have some subtle influence, but it is impossible to have a big fanfare. For filmmakers, this is more of a spiritual and psychological help.

There are also a considerable number of people who are worried about the subsequent development of Good Century Peak, because Netflix has 2.2 billion debts, and the loans to acquire Netflix from Century Peak, that is, debt plus debt. These huge debts will definitely affect Century Peak's financing behavior in other uses such as working capital, capital expenditure, acquisitions, etc.; at the same time, a considerable part of the operating income cash flow is used to pay the principal and interest of the debt, thereby reducing the investment of operating capital. For Century Peak, which is currently expanding rapidly, it is a huge burden.

Chinese movie fans were cheering and everyone felt excited. In the past, I always heard that foreign companies acquired Chinese companies in China, and many national companies turned into foreign companies. Now, I suddenly heard that Chinese companies acquired American companies, and I felt very happy.

"Although I can't figure out what company Netflix is, it must be a very powerful company that can be acquired by Zhang Ran for $6.3 billion. Zhang Ran is really awesome!"

"Yes, 50 billion yuan, I'm afraid I have to load a few cars of sandals!"

"Why didn't Zhang Ran acquire a film company? For example, Sony only acquired MGM for more than 4 billion. If he bought MGM from Sony, wouldn't it be better than buying this movie rental company? I really don't understand, but if I can understand it, I won't sit here!"

"It should be convenient to promote Chinese movies overseas. I have heard that Netflix has more than 10 million paid users. If there are 100,000 viewers, it will be 100,000 viewers! Zhang Yimou, Chen Kaige and others really can't watch movies now, so I'll watch Zhang Ran and the others in Chinese movies!"

At 7:30 in the morning, Yang Mi and Yuan Shanshan, who had breakfast, went to the newspaper booth to buy newspapers. As soon as they walked to the newspaper booth, they saw Zhang Ran's large avatar and a 50 billion figure. They couldn't help but scream: "Damn, Xiao Ranran is too rich!" Yuan Shanshan next to him stretched her head and looked at it, and was also shocked.

Yang Mi stared at the 50 billion figure and swallowed: "If I had 50 billion, I would definitely do nothing and just deposit the money in the bank for interest!"

In a villa in Xiangjiang, Zou Wenhuai couldn't stop laughing with the newspaper in his hand. He turned around and asked the servant to copy his and Bruce Lee's group. Soon the old man's slightly sad voice sounded in the room: "Xiaolong, my health is getting worse and worse. It may not take long to meet you again, but I really want to live a few more years and watch the flag of Chinese movies inserted into the land of the United States!"

In the suburbs of Peking, in the practice room of the Liu family villa, Liu Yifei's eyes were cold and she kept dancing with a dagger in her hand. She had been dancing since elementary school, with a very good figure, her figure was as light as a swallow, her wrist was gently rotated, and the dagger danced like lightning, and the sword was shining, which was simply a perfect reappearance of the little dragon girl in the human world.

There is a newspaper just published today on the ground. The front page is Zhang Ran’s large portrait. Liu Yifei’s feet are constantly trampling on the newspaper. If it weren’t for the newspaper, but Zhang Ran’s face, it would have been slapped.

At this moment, the phone suddenly rang.

Liu Yifei has always had very few phone calls, and she knew that she had even fewer phone calls, only a few very good friends. She stopped, picked up her phone and saw that it was William Morris's agent, and immediately answered.

The agent's voice was very excited: "Yifei, I just received an audition invitation, which is a movie, action film, and *** Lion Gate Film. They hope you can audition in the United States!"

On the Shangri-La grassland, Zhang Jingchu and Yu Feihong were sitting behind the monitor, staring at the scene nervously.

However, within five seconds, Zhang Jingchu stood up from behind the monitor, held the loudspeaker and shouted loudly: "Stop, stop, Duan Yihong, are you in the right state? Do it again!"

Yu Feihong next to him looked at the time and said to Zhang Jingchu: "It's already half past eleven. Let's have a meal first and take photos in the afternoon!"

After Yu Feihong called for dinner, the crew moved and lined up to get a boxed lunch to prepare for dinner. But Zhang Jingchu didn't rest and called Duan Yihong over and explained the problem with the scene just now.

Yu Feihong looked at Zhang Jingchu who was serious about the opera and shook her head with a smile. She treated the staff below with kindness and purpose. At most, she said a few words to the unsatisfied drama, and asked her to scold the people below for being a little embarrassed.

Zhang Jingchu is different. She can really put her face down and curse people, and she is not afraid of offending people. However, Zhang Jingchu took the lead in everything early in the crew, and the filming location was on a remote plateau. She arrived at the earliest in every scene and walked in the front even when climbing the mountain. So, even if everyone was a little emotional, she was still very convinced.

After Zhang Jingchu finished the show, Yu Feihong walked to her and handed her the lunch box. The two of them started eating together.

Yu Feihong smiled and whispered: "Jingchu, it's really right to be able to pull you over. I'm really much more relaxed with you."

Zhang Jingchu smiled and said, "I feel very lucky to work with Sister Feihong."

Yu Feihong looked at Zhang Jingchu and said to her emotion: "Your Zhang Ran is so rich. If someone else is a family, he will definitely be a young lady at home. If you have something to do, you will travel everywhere. Only you are willing to come out to suffer such hardship."

Zhang Jingchu smiled softly and said, "He is so excellent. I don't want others to say that Zhang Ran's girlfriend is a useless vase, so I have to work hard to make myself better!"

Yu Feihong understood a little: "Yes, your Zhang Ran is really amazing. He acquired Netflix in the United States for US$6.3 billion. Now he has a certain say in Hollywood. I wonder how many people will look for you to take the wife's route at that time!"

Zhang Jingchu smiled and looked up at the horizon, thinking that Zhang Ran wanted more than just the right to speak, but what he wanted was to break the monopoly of Hollywood and let Chinese movies go to the world. He is my man, he is a world-class hero!
Chapter completed!