I’m in Hollywood - Chapter 592
[Chapter five hundred and eighty seventh Shenyin]
Chapter 587
Elizabeth and Julia walked out of the villa with breakfast and came to the round table, just to see Eric frowning slightly.
Putting a breakfast beside Eric, Elizabeth asked softly, “What’s the matter?”
Eric pressed the newspaper under the laptop to make room, took a sip of warm milk, and said, “The New York By
the way, something went wrong in the acquisition negotiations.”
Elizabeth let out a low voice. It was about the acquisition negotiation of the TV network. She knew that she should not continue to ask, although Elizabeth had no other thoughts in her heart, even though Eric She knows what she knows and will never talk about it, but she knows very well that her old man wants Eric’s plans to acquire the other three TV networks to be cancelled, so that the Firefly TV department is likely to continue to cooperate with Fox TV network. , so Elizabeth felt that this avoidance was necessary.
However, Julia didn’t know Elizabeth’s thoughts, and she didn’t have such scruples. She sat down beside Eric and asked curiously, “What happened?”
“The side is worried that Firefly’s debt is too high after the merger. It will increase the burden on the company and require Firefly to reduce the proportion of bond issuance and raise acquisition funds through listing.”
Elizabeth, who listened quietly, raised her eyebrows slightly. Although she did not know Firefly’s detailed acquisition plan, she also knew that if Firefly completed successfully The TV network’s M&A would easily exceed $30 billion in market value, but the long-term debt may only be around $10 billion.
Converted, the debt ratio is only 30%, which is not high for any large company, and can even have a very good tax avoidance effect.
This request is definitely not for the purpose of worrying about Firefly’s debt burden, but more likely to weaken Eric’s control over Firefly as much as possible after the merger of the two parties.
While Elizabeth immediately understood the intent, Julia apparently didn’t know much about some of the financial jargon Eric was talking about, though.
Julia also easily found what she was interested in and asked, “Then how much debt will you owe after the acquisition?”
“In addition to the previous accumulation of debt, it should be about 10 billion US dollars.”
Julia smacked her lips in surprise.
Said: “There are so many, if this is the case, I also think… that listing is better.”
Eric shook his head with a smile and said nothing.
Elizabeth said: “Julia, that’s not the case. After the merger, according to the market value of the new Firefly that may exceed $30 billion in the future, $10 billion is only equivalent to 30% of the debt, and the debt ratio of many large companies is 20%. It
is much higher than 30%.
The ultimate goal of the TV network is to let Firefly go public, not to reduce debt.”
“Haha, I don’t understand very well, but even if the 10 billion US dollars are paid back in ten years, it is estimated that There must be interest. According to Firefly’s profit this year, even if it is added, doesn’t it mean…” Julia couldn’t help sticking out her tongue as she spoke, and she also realized that this was obviously impossible. Otherwise, how can companies with debt ratios higher than Firefly like Elizabeth say make money?
“Of course not,” Elizabeth didn’t mind Julia’s ignorance, and instead relished the analysis: “According to the debt of 10 billion US dollars and an annual interest rate of 5%, the principal to be repaid by Firefly Pictures in the first year and The interest may be $1.5 billion, of course, as the debt ratio decreases. This number will become less and less. Based on the first year of $1.5 billion, this money is not from the net profit, but from the business The revenue of the company is allocated as the operating cost of the company, just like this year. Although the combined net profit of Firefly and TV Network is only 1.5 billion US dollars, the combined operating income of the two companies is close to 20 billion US dollars, and the 1.5 billion US dollars can still be used. It plays a role in tax avoidance. According to the corporate income tax of about 35% in North America, 52.5 billion US dollars of the 1.5 billion US dollars originally belonged to the Internal Revenue Service. Firefly itself only spent less than 1 billion US dollars to pay off debts.” Finally, Elizabeth glanced at Eric with a smile, and gloated a little: “Of course, with such a high debt, if Firefly’s performance cannot continue to grow rapidly in the future, even if it just stops, you will definitely be in trouble.”
Julia didn’t understand much about Elizabeth’s fast speech and a series of numerical analysis. Instead, she looked at Eric with some concern when she heard the last sentence.
“It doesn’t matter, in case I go bankrupt in the future, I can still eat soft rice.” Eric said with a smile, and reached out to touch the worried face of Julia.
Elizabeth looked at Julia’s subconsciously narrowed eyes and put her face on Eric’s palm, made a disgusting expression, and said with a small hand as if to chase away flies: “I really can’t stand you.”
After breakfast, Elizabeth After hurriedly driving to work in Century City, Julia followed Eric’s instructions last night and took Emma to her accountant.
After Eric had breakfast, he called and chatted with Katzenberg again before opening his e-mail. Since then, Allen no longer has to send documents to Eric in person. Many things can be done. It was solved by e-mail, and people around Eric became accustomed to contacting Eric through e-mail.
After reading the emails accumulated yesterday, it was already past nine o’clock. Eric packed up his laptop and put it back in Elizabeth’s room. He was about to go to the girl’s garage to find a car to go to Playa Vista. The phone rang.
The call was from Amy Pascal, and after a few chats on the phone, Eric hung up.
An hour later, Eric showed up at a seafood restaurant in Venice Beach in a clumsy white Chevrolet van.
Amy Pascal and Drew are already here.
“Eric,” Drew rushed over and hugged Eric. Seeing Eric’s Chevrolet parked in the parking lot, he subconsciously complained, “When did you buy this car, your vision is really bad.” However, as soon as the voice fell, the little girl realized that it might be a woman’s car, she pouted, and when Eric finished greeting Amy Pascal, she took him to the restaurant.
It was still early for lunch, so it might have been ordered long ago.
The three sat down at the table, and the waiter just brought Eric a cup of coffee and walked away quietly.
Eric didn’t want to drink coffee, and pushed the coffee cup to the side.
Asked: “How many have you brought back?”
Amy Pascal took out a folder from her bag and handed it over, saying: “Three, the copyright of “Spider-Man”, “Fantastic Four” and “Hulk” Fang Du agreed to the transfer agreement. The 21st Century Film Company, which owns “Captain America”, insisted on 30% of the investment rights of “Night at the Museum” and the same investment ratio for subsequent sequels. If you agree, you have to decide. However, Eric, I do not recommend agreeing, otherwise, although the copyright has been obtained, the other three companies will definitely be very dissatisfied, and they will only get 20% of the capital injection. Right, the sequel is only 10%, by the way. All they chose is the special effects movie “Night at the Museum”.”
Eric listened to Amy’s explanation and looked down at the copyright transfer agreement in his hand, except In addition to “Spider-Man”, although the other two are also Marvel’s first-line superheroes, the adaptation of the original time and space is not too successful.
However, as long as “Spider-Man” is available.
When watching the “Avengers” series in the original time and space, the one that Eric didn’t catch was Captain America. If he really can’t get it back in the future, then let Captain America hide in the Avengers, Eric Gram also does not believe that there are no other superheroes to cooperate.
What tricks can the so-called 21st century film company play.
The copyright of “Captain America” will automatically return sooner or later when Marvel gets it.
Eric didn’t know much about the surprising superhero system. After reading the three transfer agreements in his hand, he asked, “Is there anything else?”
Amy Pascal glanced at Eric.
He smiled and said, “There is a blade fighter, which was bought by New Line a few years ago, and it just arrived at the end of this year. If Firefly wants to continue to maintain the copyright, it will either negotiate with Marvel to renew the contract, or shoot the film. Come out. Other than that, it’s almost gone. By the way, when I investigated, I found that Marvel Comics was negotiating with Universal about transferring the copyright of “X-Men”. It’s getting worse, so they’re desperate to sell some more rights to get working capital.” A
few other companies were okay, but Universal.
Eric has some headaches. With Michael Eisner’s shrewdness, once they make a move, Universal will definitely increase their chips. If they want to snatch again, unless they make a fool of themselves and make a super high price, it will definitely not be so easy. thing.
Amy seemed to see Eric’s concerns and said with a smile: Eric, it’s actually not that difficult to get the copyright of “X-Men”, don’t you know that Michael Eisner recently got sick. The situation may even be life-threatening. He has been in contact with the matter of heart surgery. Universal is now in charge of Michael Eisner’s deputy. I heard that Michael Eisner also wants to let his friend Michael Ovie Ci became the global president.
Eric just remembered that Michael Eisner in the
original time and space did have a major physical condition in 1994. Eric is not clear about the specifics, only that Michael Eisner seemed to still be holding him before the operation. The mentality of possibly dying on the operating table has designated Disney’s successor.
“If you can grab it, try to grab it. Of course, don’t make too much noise.
”
“I understand,” Amy nodded and said, “Surprise needs funds most now, so as long as our price is high enough, surprise will definitely choose us.”
“Speaking of this, Amy suddenly remembered something and said: “By the way, Eric, I think, if you are interested in the superheroes of the Marvel Comics, why not buy all the Marvel Comics now, so that Marvel’s current In this case, you may want to buy it, but you can’t even use $200 million.
”
Eric shook his head gently and said with a smile: “It’s not the time yet, in short, you just grab the copyright of “X-Men”.
”
Amy Pascal didn’t understand what Eric’s words meant, but she didn’t ask more, nodded, and said: Well, since we already have “Spider-Man”, “Fantastic Four” and “Hulk” in our hands , when are you going to start these projects?”
“Save it first,” Eric said: “Wait for a few more years of special effects technology, if it is produced now, it will definitely not achieve the effect I want, even if it is achieved, it is estimated that It’s too expensive.”
Amy nodded. When she exchanged for the copyright of these superheroes, she had already realized this problem. Compared with Superman and Batman, the amazing superhero ability is definitely on the hook. Showing these superpower effects one by one is definitely much more difficult than superheroes. Now is really not the time to develop superhero movies.
After talking about this matter, Amy discussed the official purpose of calling Eric: “Kevin Costner and his agent won’t be here until 12 o’clock, Eric, look at this script first. Let’s go.”
Amy said, took out another script from the bag and handed it to Eric.
Eric just glanced at the title of the script, and his eyes narrowed slightly.
The inertia of history is really super powerful.
A few words are prominently written on the front page of the script: “Future Water World”.
The culprit behind the decline of Kevin Costner’s career, after the tragic attack of “Future Water World”, Kevin Costner, who was on a par with Tom Cruise, Mel Gibson and others, has never recovered since then. While Ruth was still famous in the “Mission: Impossible” series, Kevin Costner could only be reduced to playing the supporting role of Superman’s father in “Superman Man of Steel”.
“When we sent Kevin Costner the script for Mission: Impossible, Kevin Costner was working on the movie, and after I saw it, it was definitely very promising, and it wasn’t raining for Kevin Costner yet. Other studios negotiated, so I think, Eric, why don’t you take this movie down, I feel like this time it’s going to be a “Mad Max” and it’s Max on the Water, by the way, you Let’s look at the script first, and we’ll talk about it later.” Amy said, suffocating the coffee cup in front of her.
(To be continued.)
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[End of this Chapter]
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