I’m in Hollywood - Chapter 383
[Chapter 380 Target Disney]
“The MGM brand itself is his value,” Chris said, and then shook his head: “But it’s really not worth much, so which one do you fancy, Columbia and Universal are definitely out of play, and Warner is also Don’t even think about it, there are only Disney, Paramount and Fox left, uh, Fox is no play, now there is only Disney and Paramount, Disney is in a period of rapid growth, so, have you taken a fancy to Paramount?”
Eric asked back: “Why not Disney?”
Chris showed a surprised look: “Disney is now in a period of rapid growth, not to mention, Disney’s Michael Eisner, after the incident at the beginning of the year, you guys Although the reconciliation on the surface, if you want to buy Disney, Michael Eisner will definitely know what his fate is, and he will do everything in his power to stop you.” He
recalled that Paramount, who was attached to Viacom in his previous life, was second-tier. Lionsgate surpassed in performance, and even became a drag on Viacom Group, Eric shook his head: “Acquiring Paramount is easy, I think those shareholders are happy to sell Paramount to Mine. But Paramount is not a good choice. The company’s development idea is not in line with my plan, and Disney is different. Disney’s business strategy of the whole industry chain is very suitable for me to expand my own territory in Hollywood in the future. ”
“If you insist, you may spend more money than the two major Japanese consortiums,” Chris said while thinking about not much information about Disney in his memory, “Disney’s current market value is about $4 billion. Around, if you want to buy Disney, you can only use the method of hostile
takeover
, and then the premium is at least 50%. It is difficult to win Disney without $6 billion.”
Off to Disney,” Eric said.
With the rapid development of the American economy and the rise of Hollywood in the world, the market value of several major Hollywood film companies has increased by more than 30% every year, even the broken MGM.
After more than ten years, it also sold for a high price of more than 5 billion US dollars, and in my memory, Viacom acquired Paramount three years later and spent 10 billion US dollars, and now Paramount can only be sold at most for Universal’s parent company’s $6 billion price tag.
Although Barry Diller’s sniping factor was involved in that transaction, it also reflected the skyrocketing market value of the seven major film companies with the expansion of Hollywood.
Although be patient.
With the development potential of Firefly, at most five years, it can be compared with any of the seven, but Eric also knows that if things are allowed to develop.
Five years later, the seven major film companies have basically completed the integration with the media group.
Of course, in this process, Firefly will definitely be ‘recruited’ by the media group, but this is not what Eric wants.
What he wants to be is the master, not the vassal of others, so now that he has the opportunity, Eric will of course take a big movie company as the most important bargaining chip.
In the future, through various financing methods, it will develop itself into a media group instead of being recruited.
In the previous life, the only one that developed into a media group by virtue of its own strength was the Disney family, and Time Warner was only half of it.
“If you want to buy Disney, then you must prepare from now on,” Chris thought for a while.
Said: “The first thing we have to do is buy Disney stock. First get a say in the Disney board. Next, because we don’t need to pay all the money at once. So this $3.6 billion in cash is enough. Moreover, if necessary, financing can also be carried out. With the performance of Firefly in the past two years, I think any investment bank on Wall Street would be happy to participate in this investment, and even many shareholders of Disney estimated that they would prefer equity. Instead of cash…”
Eric listened to Chris’ analysis, while lying on the coffee table with a pen and writing something, when Chris finished speaking, Eric had filled out a check and handed it over, saying: “This is your dividend.”
Chris took the check and glanced at it, then pushed it back quickly and said, ”
It’s too much.” “You deserve it. Without your help, I definitely wouldn’t have gotten it in this oil crisis. A lot of profit,” Eric said, blocking Chris’s movements with his hand.
“I really can’t take so much, I know how much I do,” Chris shook his head firmly, and added: “And if Dad knew, he would definitely not agree.”
Referring to Jeff Inside, Eric thought for a while and said: “Otherwise, I will exchange the money for the shares invested by Firefly, 3%, which is the same as your father’s share in Firefly Films.”
Chris thought for a while, and finally Nod.
Firefly’s main asset now is only 23% of Cisco’s shares. With Cisco’s current market value, 3% is not too much, which is much less than the amount given by Eric.
But Eric knows what kind of giant Cisco will develop into in the future, so he doesn’t feel that he will give less, not to mention that he can increase Chris’ shareholding in the future. If he gives too much at one time, he will not be able to give it in the future. How to do.
Although Chris’s character is introverted and calm now, UU reading www.sonicmtl.
com But no one knows what will happen in the future with the passage of time. In his previous life, Michael Eisner changed from a wise leader who brought Disney to the top to a headstrong Disney tyrant. Get off the stage.
“Since you have just put forward some plans, then it’s up to you to handle this matter. From now on, slowly absorb Disney stocks,” Eric and Chris were chatting, but he remembered that he had not yet Moving Stinky, Cutthroat Island.
It would be great if we could throw “Cut Throat Island” to Disney. This summer, Disney has lost hundreds of millions of dollars. It is estimated that it will be difficult to reverse the loss through the operation in the second half of the year.
If “Cut Throat Island” can be thrown to Disney again, then this project can make Disney lose another 100 million, and the loss for two consecutive years is enough to seriously weaken Michael Eisner’s prestige at Disney and weaken Michael Eisner. Sner’s control over the board, then the acquisition plan will be launched, it will be much simpler.
But Michael Eisner is not a fool, this matter is very troublesome to operate.
Thinking in his heart, Eric quickly remembered the figure of Robert Shea. Since the turmoil at the beginning of the year, Robert Shea and Michael Eisner have been very close, and maybe they can make a fuss about this.
(To be continued)
[End of this Chapter]
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