I’m in Hollywood - Chapter 397
[Chapter 394 Don’t fight]
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Due to the restriction of the preemptive right of repurchase, although the shares in the hands of Robert Shea are coveted by all parties, no company has adopted malicious bidding to snatch it.
After all, this share is only 25%, and Eric has the absolute control of Firefly. Whether it is the seven major film companies or the three major TV stations, the purpose of obtaining this share is to cooperate with Eric.
If a malicious bidding method is adopted, Eric will undoubtedly be offended to death. Even if Eric cannot quote a price that matches the malicious bidder, he has to give up the right of first repurchase, but he will get the shares. The company will also be strongly resisted by Eric, so the purpose of acquiring this stake will be difficult to achieve.
Therefore, the parties who have plans for the shares in Robert Shea’s hands will have more contact with Eric.
Of course, from the beginning to the end, Eric did not mean to let go.
Elizabeth and Eric, who suddenly visited Jiaojiao Manor, chatted for a while, but they never got the man’s relief, and because of Connery’s presence, the girl didn’t make a light bulb, and they got up and left after chatting for a while.
Eric sent Elizabeth out of the villa and walked on the corridor of the manor. Elizabeth looked at the lush shrubs around her with her hands behind her back, and suddenly thought of something and said, “The “Cut the Throat” that Robert took from you. “Island” script, everyone is rushing it now, and Fox wants to fight it too, you won’t object to this, right?”
Facing this question, Eric hesitated for a moment, then suddenly stopped.
Elizabeth, who felt a little strange, also stopped: “Don’t be so stingy. Anyway, this matter…”
Eric looked around.
Looking at the girl, she briefly spit out two words: “Don’t argue.”
Elizabeth opened her mouth slightly to look at Eric. Although she was a bit arrogant and arrogant, she was also a smart woman. Ke realized something in his expression: “You did it on purpose?”
Eric nodded slightly and continued to walk towards the tarmac: “You know it yourself, don’t reveal it, I can’t spare you what happened to me.”
Elizabeth glared at Eric.
Why should she rely on her, but the girl didn’t talk back to Eric this time. She knew the seriousness of the matter, nodded to show her understanding, and then asked curiously, “Then what’s going on with this script?”
Eric said lightly: “Don’t ask about this.”
Elizabeth snorted in dissatisfaction, the two walked into the tarmac, and the girl said to Eric: “I’m leaving, you continue to paint your naked body.丨Let’s go, girl.”
“Why is something so sloppy you say it? Practicing sketching is a very calming thing. You are too impetuous. You should try it.”
Elizabeth said in disbelief: “You face such a beautiful girl. How can you calm down?”
“That’s the truth, there are obviously pleasing models. I can’t paint plaster statues, can I?”
“You are too crooked. More, I won’t argue with you,” Elizabeth said, seeing the pilot beckoning to her to get on the plane, the girl leaned over and pecked Eric’s face on tiptoe: “Goodbye, I’m going back. ”
Come on, say hello to Mr. Murdoch for me.”
…
Eric did not personally participate in the negotiation of repurchasing shares held by Robert Shea, because his presence would not bring much to the negotiation. On the contrary, it is likely to arouse the resentment in Robert’s heart and hinder the negotiation.
The negotiation on Firefly’s side was mainly in charge of Jeffrey, and Eric invited the team of his personal lawyer Edward Lewis to cooperate.
Eric intends to establish a legal department dedicated to Firefly after the year, and he has sent an invitation to Edward Lewis, who has been working very happily. Just like when Caroline Elliott joined Firefly’s financial department, Edward Lewis did not think too much about it. After a long time he agreed.
As Eric expected, because Robert Shea didn’t have much cash in his hands and was unwilling to give up all investment rights in “Cutthroat Island”, the desire for funds promoted the negotiation process between the two parties to a certain extent. After weeks of tense negotiations, the two parties finally reached an agreement on the day before Christmas on December 24. Firefly repurchased 25% of the Firefly shares in Robert Shea’s hands at a price of $390 million. At the same time, Firefly will also pay Robert Shay’s shareholder dividends and remuneration totaled $60 million within one year, and at a cost of $450 million, Eric finally got rid of Robert Shea completely.
The dust settled on the deal, which has also aroused a lot of repercussions in Hollywood.
The reason why Columbia and Universal Pictures were able to sell at a high price of $5 or 6 billion is mainly because the other party is a listed company, and the Japanese paid a high percentage of the premium to facilitate the transaction. For example, before Sony announced the acquisition, Colombia’s market value was only more than two billion.
And now Firefly has not been listed yet. Through this transaction, Firefly’s valuation has exceeded the height of 1.5 billion US dollars. If Firefly maintains its current performance, it is likely to surpass any Hollywood other than Hollywood that has merged with Time Group after listing. a giant.
The day the two parties reached a deal was also the third day after the release of “Fright Point”, produced by Eric and directed by Catherine Bigelow.
The box office of “Fright Point” was released in the first weekend, and it received more than 16 million US dollars at the box office on the first three days of its release in more than 1,800 theaters. For Catherine Bigelow, the average per game in the first three days of the first weekend was close to 9,000 US dollars. This achievement Absolutely very good.
In Hollywood, the box office average of $10,000 per game in the first week means that the director has entered the ranks of first-line directors. the dollar figure.
However, compared to Eric’s previous films, this achievement is definitely a failure, not to mention the work he directed, even if Eric is also the producer of “Frightening Island”, which was released in early November last year. Such a relatively unpopular schedule, the box office in the first weekend exceeded 20 million US dollars.
Therefore, many media blamed the failure of “Fright Point” on Eric’s impulse to drive out Robert Shea, and Robert Shea made it public again after the box office of “Fright Point” was released in the first weekend. Cynically sneered at Eric, threatening that this would be just the beginning of Eric’s failure.
(To be continued..) The
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[End of this Chapter]
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