I’m in Hollywood Chapter 381: October
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Eric and Chris spent several hours agreeing on a detailed plan for absorbing Disney stock from the secondary market. Chris collected the handwritten memo. Seeing Eric intending to leave, I suddenly remembered another thing, called Lived with him: "Eric, there is one thing I almost forgot to say ... yankuai"
After Eric sat down again, Chris said: "In August, Cisco Board of Directors passed a resolution to dismiss all the positions of the founders Gray and his wife in Cisco, and the two have now left the company."
Chris said, got up and found a folder in the file cabinet and handed it to Eric. Eric opened it and looked at it. It was a resolution document of Cisco Board of Directors in mid-August. After reading it, Eric raised his head and asked Tao: "What's the matter?"
"The Grays feel that the current Cisco management is too pursuing their interests, which is not in line with their original intention to create Cisco. For this reason, it has been troubled several times. When I went to attend the Cisco mid-year conference in June, I just met Once, the couple screamed at the nose of the company CEO Morgan Ridge, and the meeting was postponed for three hours. In August, the intolerable company management threatened Board of Directors with a collective resignation, and finally through the hiring of the Grays in all positions of Cisco Proposal. "
Tell the whole thing briefly. Chris said with a slight scorn on his face: "In fact, they have nothing to do with the company's business strategy. The couple only lost control of Cisco. It ’s always been bosomful. "
"I know this matter, unless we threaten our interests, otherwise, we try not to intervene in the management of Cisco."
Chris nodded and said: "I understand, but what I am going to say is the next thing. After the Grays left Cisco, they revealed the news of selling their stocks. I think you may be interested. We just have enough now. Funds. "
Eric recalled the equity division of Cisco, showing an excited look. After the listing of Cisco, the founders Gray and his wife held 27.6% of the shares of Cisco, and were still the largest shareholder of Cisco, while Sequoia Capital, which originally invested in Cisco, held 23.5% of the shares. The second and third place are Firefly investment companies, holding 23% of the shares, and the remaining 30% of the shares are scattered among institutional investors and company management.
Although it is a listed company, because the market is not optimistic about the development prospects of Cisco when it is listed. Therefore, most of the shares issued by Cisco are only subscribed by investment institutions, and the shares flowing into the secondary market are very scarce. The plan to absorb more shares in the circulation market simply does not work. Investors who have already obtained shares are listed because of Cisco. After the good performance, he would not let go easily, so the sale of the equity of the Grays is definitely the only opportunity to increase their holdings of Cisco stocks on a large scale.
If you can get all the shares in the hands of the Grays, the investment in Firefly is almost equal to the absolute holding of Cisco, which is the dream of Eric.
"How much do they offer?" Eric directly asked the most critical question. There is a kind of ambition in the tone.
Chris can also understand what Eric is thinking. As a manager of Firefly investment, he knows the situation of Cisco better than Eric and shook his head and smiled and said: "Eric, maybe you are going to be disappointed. Of all the shares, they are only willing to sell two-thirds of the shares, which is about 18%, and the offer price is 250 million USD, which is 30% higher than the market price. So most of the interested investors are now negotiating with the Grays, I estimate The final transaction price will not exceed 200 million. "
"Contact with the Grays as soon as possible, we must get this share, anyway, we have enough funds now. It does n’t matter if you are more expensive," Eric thought for a while, and said: "In this way, you tell the Grays, if they If we are willing to sell all of our equity, we will buy them at a premium of 30%. "
"I will pass on. But it is unlikely, if it is not that the couple needs funds to start a business again, it is estimated that these 18% of the shares will not be sold."
"Try to see that there is always no loss," Eric nodded.
#
The days when Eric came to New York again, the international crude oil price reached an unprecedented high of 41USD per barrel, and almost the same day. Western countries and several major oil exporting countries in the Middle East began to introduce various effective crude oil prices to stabilize Measures, first of all, Saudi Arabia announced that it will increase domestic crude oil production capacity to 100% to meet market demand, North America and Europe countries have also begun to use their own crude oil reserves to stabilize the market, plus the joint deployment of the United States-led joint yankuai in the Persian Gulf, The total strength exceeds 600,000. In terms of weapons and equipment, it has formed a comprehensive suppression of Iraq. Under the influence of various bad news, the price of crude oil began to fall slowly.
Even Eric himself did not expect that the chances of another New York trip were so coincidental, just to catch up with the drop in crude oil prices after reaching their peak. Therefore, after returning to Los Angeles again, a variety of temptations came in again, and without exception, he was prying into the proceeds of his oil crisis.
In the process of Eric's operation of crude oil Petroleum, the principal of up to 500 million USD was borrowed from the seven major Film Studio temporarily, and the seven major finally got nothing except the loan and an optional interest. Therefore, some people want to know how much money ‘self’ has earned. It seems that as long as they know the result, these people will be comforted if they lose their hearts.
Of course, it is impossible for Eric to disclose specific information to stimulate those people. He ca n’t do such inhumane things. In this kind of temptation, Eric often bypasses the topic in a few words. So some people had to turn their attention to the movement of Eric companies, hoping to get some information from it.
But as time passed, in addition to the plans for the Playa Vista shoots base revealed by some Firefly employees, only Firefly Investment announced that it would acquire 18% of the shares of Cisco founder Grey and his wife with 210 million USD. In addition, Eric did not seem to be much. action. Although Eric claimed to invest in 1billion USD when negotiating with Playa Vista community officials, people with clear eyes can see that the shoots base of Playa Vista is unlikely to cost so much, not to mention that the project cycle lasts for several years and the first investment The funds are up to 100 million.
This kind of calm and quiet little trouble makes many people feel a little more at ease, guessing self-consolation that Eric may not have made too much money.
With the passing of October, Hollywood is about to usher in the New Year ’s end of the year again. The big Film Studio has started the hot promotion of the main movie at the end of the year. The seven big Film Studio executives are a little bit happy and pleasantly surprised. It was discovered that apart from a producer "Point Break", this new year file Eric did not have any personally directed films released.
At the end of Firefly, only two films were released. In addition to "Point Break", there is another film "Ghost Detective" produced by Robert Shay. This work has a thrilling comedy style that imitates "Ghostbusters". Eric has never heard of a movie. It is estimated to be the difference brought by the butterfly effect. The investment of the movie has reached 40 million. According to the agreement between Robert Shay and Eric, Firefly accounts for a quarter of the investment.
The Firefly's "Home Alone" series, which has been featured for two consecutive years, has not produced a sequel this year.
Mainly because caaBrokerage Firm, where Stewart is located, proposed the sky-high price of 15 million USD, which was almost double that of last year, and the Runkels also seemed to be "knowing" this time. caa.
If you accept the remuneration proposed by CAA, plus the price increase of other starring actors in the movie, the cost of compulsory production of a sequel will only reach 25 million, and the total cost of the sequel will exceed 50 million. It takes 140 million Box Office to recover the cost. According to the downward trend of Box Office of the first two movies, there is a high possibility of loss in this sequel. Eric temporarily cut off the production plan of the sequel without much consideration.
On the day the news that Firefly will suspend the "Home Alone" series was released, manager of Stewart immediately called to make a concession, but Eric, who was busy with the Petroleum transaction at that time, did not mean to lie with caa again, and directly rejected the other party. . Firefly does not rely heavily on a certain movie series like some Film Studios, so it does not need to be too accommodating to the film's creator. Since some people do n’t understand the lion's big mouth, then they must have the consciousness of breaking their teeth and swallowing it. .
"Point Break" filmed in mid-October, is expected to complete the post-production in one month, but these days, Eric did not go to Kathryn Bigelow, because the extramarital affair between Cameron and Linda Hamilton was caught by paparazzi, with The photo was on newspaper.
Kathryn rushed to the shoots site of "Terminator 2: Judgement Day" in New Mexico on the day of the news disclosure. After Cameron personally admitted that she was derailed, the woman simply divorced Cameron without any mess. But Cameron is not the unmarried Director after all. As a married man and Heroine had an extramarital affair, it is likely that it will affect the Box Office of "Terminator 2: Judgement Day". Therefore, after the agreement between the two and the release of "Terminator 2: Judgement Day", the news of divorce will be announced.
Although the matter was temporarily concealed from the media, there are many people in the know. Eric, as an investor in the two movies, certainly cannot be unaware. As a very independent woman, Kathryn Bigelow was not married until the age of 35 because she admired the talent of Cameron. Unexpectedly, this marriage lasted less than three years, and her husband was derailed. It is difficult to accept it on any woman. .
Although Kathryn still works calmly and meticulously during this period of time, it seems that he has not been affected by the breakdown of marriage, but when Eric appears, the gaze of women will occasionally become dim. Deep-fried eyes looked at him. This feeling made Eric's spine cool. He was unwilling to blame the bad things about Cameron, so he simply let go of "Point Break" temporarily. (To be continued.) Xh118