I’m in Hollywood Chapter 1128: Is it not cold?
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Early early in the morning, the weather of London was still gloomy.
There was no schedule in the morning. I had breakfast with Meyer. Eric was looking at the financial reports of the two major Record Companys of EMI and BMG in the villa on Garden Street, and I received a call.
Soon after, Meyer came in with a timid girl, but it was Bobby Dewai who met when he last came to London to participate in Victoria’s Secret Fashion Show.
The girl is wearing a pink long hooded jacket, wearing two slender little white legs, stepping on a pair of flat shoes, and a pair of girls next door to the next door, looking slim.
Eric noticed the girl ’s restrained appearance in expression and patted on the side with a smile, saying, "Are n’t you cold?"
Feeling the gentle smile of Eric without any sense of alienation, Bobby Devi suddenly relaxed and walked over to sit down beside Eric and said, "A little, but it's okay."
Eric picked up the coffee pot on the coffee table in front of him and poured a cup of coffee to the girl, and handed it to the side, said: "Yes, beautiful is the most important thing."
Bobby DeVay politely thanked him, holding a small sip of his coffee, but looked around with his smart eyes.
Meyer Seoul will go to the group United Kingdom branch Headquarters to pick up Bobby Devi. The girl changed her clothes and left after leaving Eric.
After Meyer left, Bobby Dewai was a little more relaxed, changed a more casual pose next to Eric, and looked at the file in his hand with his head: "Eric, what is this?"
"Financial statements, you will not be interested," Eric showed the girl a little, and asked: "Do n’t you have to take classes today?"
"Today is Saturday."
"Oh, I forgot all about it," Eric turned a page of EMI's 1998 financial report in his hand, and said casually: "How is your Papa Mama?"
"Good, but Papa has gone to Asia, and Mama is not in London."
The Eric was deeply touched by the parents of the Dewai family who were not in the key, and was curious: "Who will take care of you?"
"Where they need to be taken care of, I am already an adult, and my sister has a babysitter watching."
Eric looked at his watch, and it was less than half past eight: "Isn't it for breakfast?"
"I rarely eat breakfast," the girl nodded gently, and said: "I will call you when I get up, and I'm worried that you won't take care of me anymore."
"It's not good for little girls to skip breakfast," Eric said, picking up the phone, but after thinking about it for a moment, he still couldn't think of a number. Calling a female assistant for this kind of thing would definitely be blamed, so Get up and say: "Go, take you to eat something."
Bobby DeVay nodded at the corner of his mouth: "Okay."
Although it is already April, the early morning temperature of London is still only about 10 degrees, with a heavy wet cold.
The two walked out of the villa. Eric wore a windbreaker, but it didn't feel much. The girl beside him was obviously a little sloppy, and her slim body seemed to shrink in a circle.
Eric feels a little funny, saying: "Do you want to wear my clothes?"
Bobby DeVai looked at the trench coat on Eric. Although not a long one, it was enough to wrap her up. However, noting the smile on the corner of Eric's mouth, the girl nodded slightly: "Eric, this question is usually not allowed to ask."
"Oh, it seems my fault."
Eric said, she really took off her trench coat and wrapped it around the girl.
The cold and damp coldness was instantly isolated, feeling warm, and with the breath of the man next to him. Bobby Devi ’s face was slightly warm, and his small hand came out of the long sleeve to hold his body. Next to the man ’s arm, hesitated for a moment, then boldly said: "Eric, you are very much like my boyfriend."
"I know this terrier, but it is usually used by boys and girls in nightclubs."
"I wasn't kidding," Bobby Devi brought a little dissatisfaction in his small expression, and then turned and curiously: "Have you ever soaked up girls in a nightclub?"
"Me, I am old and I do n’t want to go to the nightclub."
"Hehe."
The Royal Garden Hotel is at the street corner, Eric takes the girl directly into the hotel restaurant from the street.
Entering the restaurant, Bobby Devi took off his trench coat and gave it to the waiter. The two found a place to sit down.
"I want a fruit salad, Apple, strawberry, banana and pineapple. Do n’t put too much salad dressing. In addition, I need another glass of milk, um, that ’s all."
Waiting for the waitress, he turned to Eric: "Mr. Williams?"
"Give me a cup of coffee and a copy of The Times."
The waiter nodded and turned away.
Bobby Devi ’s arms on the table, said: "Eric, do n’t you eat?"
"I ate it before you got up."
"Then you brought me for breakfast?"
"Is it very moving?"
Poppy DeVay seriously nodded his head: "Papa has never asked me whether I eat breakfast."
"I can't explain it to you Papa."
"He is always very busy, as is Mama, I think they are definitely not busy with you."
"I just took a break this morning, otherwise I would have no time to care about you."
"You definitely will," the girl did not know why, and suddenly he was very determined, and said: "Eric, I have watched the trailer of" Iron Man ", it's cool, can I go to the premiere for The Day After Tomorrow?"
"Okay, I asked Mary to bring you a few invitation letters. If you come back from Papa Mama The Day After Tomorrow, you can come together."
"They can't come back, can I bring my friends, it will be very face-saving."
"I have to help with face-related problems. Are five pictures enough?"
Bobby Devi nodded vigorously and smiled: "Well, enough."
After breakfast, the two returned to the mansion of Eric again.
Poppy Devoy obviously enjoys the feeling of getting along with Eric. Although there are many entertainment facilities in the villa, the girl has been sitting next to Eric like a kitten all morning, chatting variously Kind of topic.
At noon, I met Chairman Colin Southgate of EMI Group. Near twelve o'clock, Eric once again brought the little tail-like Bobby Devi to the Royal Garden Hotel on the street. This time The location of the meal is in the Minjiang restaurant in the Garden Hotel.
At twelve o'clock, Colin Southgate also arrived on time. The other party was a middle-aged man with gray hair, 40-50 years old appearance, wearing a dark red suit, tall, but obviously with a few respects.
After seeing Eric appear with a little girl, Colin Southgate was a little displeased in his heart. Both parties said a few words and sat down. Colin Southgate said straightforwardly, "Eric, Regarding the cooperation with Firefly Electronics, the company Board of Directors believes this will hurt the already depressed record sales even more, and the measures taken by the Fireflyer player to prevent piracy are really unsatisfactory, so we will not agree. "
Bobby Devi, who was sitting quietly next to Eric, did n’t expect that the gentleman-looking uncle across the room was so rude, frowned slightly, and looked at the Eric beside him, I hope he could immediately Make a counterattack.
"Speaking of piracy, I happen to remember that due to the promotion of personal computer burning optical drives, last year was only North America local, the sales of blank CDs reached 130 million, which is equal to the loss of Record Company according to the record price of 20USD 2.6 billion USD sales. "Eric signaled the waiter to give the desserts delivered to the girl next to them, and continued to talk:" As for the global market, I do n’t see statistics, but I think I should double it. This is the fundamental reason for the decline of the record industry. Just as Hollywood conformed to the videotape market, accepting digital music player channels is the best solution to prevent the record industry from completely crashing. "
Colin Southgate obviously did not pay attention to this information, frowned slightly, but still said: "Eric, you are too alarmist."
"I have read the company ’s financial report for the last five years in advance. Compared with last year, it pushed forward. Although the annual net profit of EMI has fluctuated in 1997, 1996, 1995, and 1994, it is basically Both remained at around 400 million, but last year, if the non-operating income of selling Virgin Records was not counted, the annual net profit of EMI Group was only 310 million, which was a 25% decline from the past. If you do not take action, the next few The year of the year will definitely be worse. "
"Can cooperation with Firefly Group save the record sales?" Colin Southgate was clearly stabbed in the pain this time, saying: "Firefly Electronics' sales model is completely destroying the foundation of the record industry, and, Although the sales performance of physical records plummeted, the global music store ’s global sales last year were less than 300 million USD, which is still not worth mentioning compared with the entire record industry. "
"Colin, you used the wrong comparison target. The sales of the Yahoo music store in 1997 was only 50 million USD. In 1998, it was close to 300 million USD, and the growth rate reached 600%. We do not expect this year's growth rate to still reach 600%. , But even if it only doubles, the annual sales can reach 600 million USD. At this rate of growth, it will take less than five years. The revenue of the Yahoo music store will far exceed any of the top five Record Company. Even the total sales of all your Record Company records. "
Colin Southgate shook his head: "Eric, you can't reach it, you don't have enough content."
Eric spreads hands: "So, this is what we are going to discuss today. Cooperation, EMI gets a brand new revenue channel, and we can also have enough content, which is a win-win thing."
"Eric, this is more like a single win for the Firefly system. Not only do you have all the profits of the digital music player, but you also need to share 30% of the revenue from our Record Company, and more seriously, the platform has complete control In the hands of the Firefly system, do you think we will agree to this completely one-sided cooperation? "
Colin Southgate said this, although the words were still unkind, but the tone was obviously softened.
Eric did not directly respond to Colin Southgate ’s question, but said: "In fact, Firefly Electronics has already begun to discuss the split plan, we plan to separate the Fireflyer player separately, I think you must have gotten Related news? "
"Don't you plan to make the Fireflyer player business listed separately?" Colin Southgate blurted out his guess, but he blinked again and stared at Eric closely: "You mean, Firefly Willing to accept capital injection from other shareholders? "
Eric shook his head, corrected a bit, said: "Accurately, Fireflyer company."
Colin Southgate was silent for a moment and said, "Eric, I need to see your split plan first."
"The specific plan has not yet been formed, but I can ask my assistant to send you a draft in the afternoon," Eric explained, adding: "And, I can guarantee that after the split, since it is no longer needed For the parent company ’s other business units to bear R & D costs, Fireflyer ’s profit margin will actually be greatly improved. ”
"So, Eric, let's be frank, how much equity can Firefly Electronics, or Fireflyer, transfer to EMI?"
"Eight percent."
"Too few, Eric, at least 20% is required."
"Colin, the top five Record Company, each of you took 20%, what do I have left?"
Bobby Devi, who had been sitting quietly by the side, heard the word Eric and didn't know what laughter he caught, and laughed. Realizing her gaffe, the girl quickly and apologized to her tongue.
Poppy Dewai knocked out, but Colin Southgate ’s thoughts were not affected: “Eric, we all know that you do n’t need to draw all the five Record Company at all, as long as there is a The record group joining is enough for the current Yahoo music store. Moreover, as long as the Yahoo music store proves its potential, several other Record Companys have to join in whether they are active or forced. "
"You are right," Eric nodded and said: "However, the 8% equity transfer ratio is also after our careful consideration. I did not intentionally give a low number and then everyone After months of negotiations, everyone ’s time is very tight, I do n’t want to delay this. We can calculate that the replacement of traditional portable players with digital music players has become a foregone conclusion, and, because they are more portable than cassette recorders The market capacity of digital music players will be at least 100 million units in the future. By then, even if Fireflyer players only have a 70% market share, this will be the annual sales volume of 70 million units, the average selling price of Fireflyer players According to the calculation of 350USD, the net profit rate of 15%, the annual net profit will reach 3.6 billion 75 million USD. After the IPO, the market value of Fireflyer can easily exceed 100billion USD, and the EMI group holds 8%, not counting the annual profit dividend. , This equity is worth 8billion USD, which is already equivalent to the current market value of EMI Group . "
Colin Southgate ’s expression changed, but he did n’t succumb. “Eric, this is just the most ideal digital model you have made. The actual situation will not be known by anyone. Electronic manufacturers are making digital music players. It is difficult to determine whether the Fireflyer player will decline in the next few years. Even if it does not decline, and competition is intensifying, you cannot continue to maintain a too high profit margin. And , Just a company that sells a pure digital music player with a market value of 100billion USD, which is simply impossible. "
"Colin, if you only see Fireflyer player, this will make me despise. Firefly system layout is a complete digital music ecosystem, Fireflyer player is only one of them, maybe It can bring most of the profits for the entire ecosystem, but if other manufacturers only see this, they will definitely not be able to surpass us. Even, even if they see through the complete layout of the Firefly system, they still cannot surpass us because the Firefly system has already Threw them away a long distance. "