I’m in Hollywood Chapter 380: Target Disney
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"The brand Metro Goldwyn Mayer itself is his value," said Chris, and then shook his head: "But it's really not worth anything, so which one do you think, Columbia and Universal must be no show, Warner also Do n’t even think about it, the rest is only Disney, Paramount and Fox. Well, Fox is also not a show. Now there are only Disney and Paramount. Disney is in a period of rapid rise. So, do you like Paramount? "
Eric asked rhetorically: "Why not Disney?"
Chris showed a surprised look: "Disney is now in a period of rapid rise, not to mention, Disney's CEO is Michael Eisner. After the incident at the beginning of the year, although you seem to be reconciled on the surface, if you want to acquire Disney, Michael Eisner will definitely Knowing what his end is, he will do his best to stop you. "
Recall that previous life ’s Paramount attached to Viacom was overtaken by the second-tier Lion Gate Film Industry in performance, and even became a drag on the Viacom Group. Eric shook his head: “It ’s easy to acquire Paramount. Paramount is sold to me. But Paramount is not a good choice. The development idea of this company does not meet my plan, Disney is different. The management strategy of Disney whole industry chain is very suitable for my future expansion in Hollywood. "
"If you insist, you may spend more money than the two big consortiums of Japan," Chris thought about not too much information about Disney's in memory, saying: "Disney is currently worth around 4billion USD If you want to buy Disney, you can only use the hostile acquisition method, then the premium is at least 50%. Without 6billion USD, it is difficult to win Disney. "
"I don't want to sell now, and I don't want to buy Disney in a few years," Eric said.
With the rapid development of the United States economy and the rise of Hollywood in the world, the market value of several Film Studios of Hollywood has increased by more than 30% annually, even the broken Metro Goldwyn Mayer. More than 5 billion USD prices were sold more than ten years later. In memory, Viacom acquired Paramount three years later and spent 10billion USD, and now Paramount can only sell at the same price as the 6billion USD of the Universal Pictures parent company. Although the Barry Diller sniper factor was included in that transaction, it also reflected the skyrocketing of the market value of the seven major Film Studio with the expansion of Hollywood.
Although patiently continue to operate. With the development potential of Firefly, up to five years, it can be compared with any of the Seventh Congress, but Eric also knows that if things are allowed to go on. Five years later, the seven major Film Studio have basically completed the integration with the media group.
Of course, during this process, Firefly will definitely be ‘zhaoan’ from the media group, but this is not what Eric wants.
He wants to be a master, not someone else ’s vassal, so now that there is a chance, Eric must of course win a big Film Studio as the most important bargaining chip. In the future, it will develop itself into a media group through various financing methods instead of being recruited. And previous life, the only one that has developed into a media group with its own strength, is only Disney, and Time Warner can only count half.
"If you want to buy Disney, then you must make preparations from now on," Chris thought about it. Said: "The first thing we have to do is to absorb the Disney's stock. First get the right to speak at Disney Board of Directors. Next, because we don't need to pay all the money in one lump. So the 30 600 million USD cash is enough, If you need it, you can also finance. With the performance of Firefly over the past two years, I think any investment bank of Wall Street is very willing to participate in this investment. Even many shareholders of Disney's estimate that they want equity rather than cash ... … "
Eric listened to the analysis of Chris, while lying on the coffee table with a pen and writing something. After Chris finished, Eric had filled out a check and handed it over, saying, "This is your dividend."
Chris took the check and looked at it, and soon pushed it back again, saying, "Too many."
"This is what you deserve. Without your help, I will certainly not get so much profit in this oil crisis," Eric reached out to block the action of Chris, said.
"I really can't take so much, I know how much I do," Chris shook his head firmly, and added: "And Papa knows it, and I will definitely not agree."
When referring to Jeffrey, Eric thought about it and said, "If not, I will exchange this money for the Firefly investment shares, 3%, the same as your father ’s share in Firefly Film Studio."
Chris thought about it and finally nodded.
Firefly ’s current main asset is only Cisco23% of the shares. Based on the current market value of Cisco, 3% is not too much, much less than the money given by Eric.
However, Eric knows what kind of behemoth Cisco will develop into in the future, so he does n’t feel like giving less, let alone increase the amount of shares held by Chris in the future. How to do.
Although Chris ’s current character is restrained and calm, no one knows what will happen in the future. previous life Michael Eisner has changed from a wise leader who brought Disney to the top into a stubborn Disney tyrant, and finally lost his heart. , Was ousted by Board of Directors.
"Since you have just put forward some plans, then it is up to you to do this. From now on, slowly absorb Disney's stock," Eric chatted with Chris, but I remembered that the one has not moved The rotten egg, "Cutthroat Island".
If you can throw "Cutthroat Island" to Disney, Disney has lost hundreds of millions of USD in the summer season this year. It is estimated that through the second half of the year, it will be difficult to reverse the loss. If "Cutthroat Island" can be thrown to Disney again, this project can make Disney lose another 100 million. The loss for two consecutive years is enough to seriously weaken the prestige of Michael Eisner in Disney's and weaken the control of Michael Eisner over Board of Directors. After startup, it will be much simpler.
However, Michael Eisner is not a fool, this operation is very troublesome.
Thinking about it, Eric quickly remembered the figure of Robert Shay. Since the storm at the beginning of the year, Robert Shay and Michael Eisner have been walking very close, maybe you can make a fuss on this point. (To be continued)