I’m in Hollywood - Chapter 648

[Chapter 642 Farce]

The time has just entered August, and when Eric was still pretending to negotiate with Peter Schneider, the topic of Firefly closing down the hand-drawn animation department, which had cooled down after a heated discussion at the end of June, seemed to suddenly be rampant again. .

For a time, ‘Eric Williams clashed with the top executives of Disney’s animation department’, ‘Disney’s animation department employees are dissatisfied with the company’s treatment and will leave as a whole’, ”The Lion King’ will become Disney’s 2D animation’ and so on. The news appeared in the newspapers.

Because “The Lion King” is expected to make more than $1 billion in gross profits, for a production cost of less than $50 million, the return on investment is a staggering 2,000 percent, far exceeding the profit margins of other live-action films in the summer.

Therefore, if Firefly is a listed company, even if it is supported by the good support of several block-office movies in the summer, affected by the news that the Disney animation department may collapse, the stock price will inevitably fall sharply

. Next, soon, all onlookers who got relevant news through different media have a perception that Firefly is about to lose Disney’s hand-drawn animation department.

Institutions and media closely following the matter have speculated that other than the Disney animation department, there are other forces that are pressuring the Firefly Group in this way.

In their opinion, in the face of the huge profits of “The Lion King”, Firefly will never give up the Disney animation department easily, but at the same time, the Disney animation department cannot have such a wide range of media influence, after all, Disney animation is Firefly Subsidiaries of the group’s subsidiaries, whose original media resources are basically in the hands of the parent company, cannot make such a big commotion alone.

Moreover, compared to the media, the dark clouds are pressing on the city step by step.

The Firefly Group’s response to a series of news appeared to be overwhelmed, with most analysts concluding that Firefly would be forced to capitulate to Disney’s animation division.

On the second Monday in August, Ron Perelman, chairman of Manhattan, New York-based Andrews Holdings, is a creditor of Firefly Pictures.

At the same time, it jointly issued a public statement with 27 other creditors holding Firefly’s long-term bonds, expressing concern about the firefly’s internal turmoil caused by a series of wrong decisions by Firefly’s board of directors and its senior management.

At the same time, in order to protect the interests of creditors, Ron Perelman publicly appealed to Firefly shareholders, hoping to join Firefly’s board of directors as a creditor and participate in the decision-making and operation of Firefly Group.

If Firefly’s board rejects the request, Ron Perelman said it will file arbitration with the SEC.

Immediately afterwards, Peter Schneider of Los Angeles and Roy Disney, an important member of the Disney family, issued a statement on behalf of all employees of the Disney animation department at the same time, expressing their strong disappointment with a series of group decisions made by Firefly.

At the same time, he welcomes Firefly’s creditors to participate in the group’s operations, and hopes that Firefly’s shareholders will consider this matter carefully.

In order to prevent the news from leaking ahead of time,

Ron Perelman and his combined 27 creditors held only $3.6 billion in Firefly bonds, less than half of Firefly’s total bonds.

After Ron Perelman issued the statement, all the media and institutions that had been paying close attention to the public turmoil in early August immediately understood the ins and outs of the matter.

Ron Perelman also called on Firefly’s other creditors at the press conference. However, when other creditors were still considering the pros and cons, Peter Schneider and Roy Disney’s statement of support made it easier for them to They instantly made a decision to favor Ron Perelman.

“The creditor union was established in just three days. I’m just curious. How do the 77 creditor institutions want to allocate the two directors they want?” During the Firefly meeting, Eric looked at with the latest information in front of you.

Said sarcastically.

Katzenberg looked at Buffett and several other directors present, and still said: “Eric, I think you have completely complicated this matter, we didn’t need to go through such a crisis of ethics, although we It is a non-listed company, but if there is a standoff with creditors, it will have a great negative impact on Firefly’s future financing behavior.”

“Everyone must think this way, right?” Eric looked at the other people and said with a smile: “Actually, I did this. I just want others to take what is about to happen later as a revenge act. I think Wanting Marvel Entertainment is more urgent than all of you imagined. Now this purpose no longer needs to be hidden from everyone, and everyone will find out in the future. In order to get Marvel, provoking the current battle will not have any effect on Firefly The farce of any real impact is definitely worth it.”

Although Marvel Entertainment is a public company, but similar to MGM’s shareholding model, most of Marvel Entertainment’s shares are also owned by Ron Perelman’s Andrews Controlled by the holding group.

If you want to acquire Marvel, it is impossible to absorb the shares of Marvel Entertainment from public channels. The only way is to openly acquire Marvel Entertainment.

If other companies did this, Ron Perelman would definitely dump this mess with a lot of debt and years of losses.

UU reading www.sonicmtl.com In the original time and space, even Michael Jackson almost became a potential buyer of Marvel.

However, only Firefly can’t, because Firefly’s current performance is too eye-catching. Once Firefly makes a public takeover offer, it means to clearly tell others that I have taken a fancy to some of Marvel’s character copyrights, come and follow me Rob ah, the results can be imagined.

It is conceivable that a shrewd businessman like Ron Perelman would definitely not miss this opportunity when his competitors joined in the bidding to raise the price of Marvel’s acquisition. Perelman will definitely take the opportunity to speak loudly. At that time, Firefly may once again welcome an individual shareholder with a large shareholding ratio. If you look at the mess of Marvel, you will know that such a shareholder is definitely not what any company wants to see. of.

Inspired by Ron Perelman’s attempt to enter Firefly’s board of directors as a creditor, after more than a month of secret deployment, Eric determined that the chips they obtained at this time would definitely make Ron Perelman obedient. To spit out Marvel, there’s not even a second way to go.

“Since everyone has no opinion,” Eric said after saying what he had just said, and seeing that no one in the conference room said anything, he continued: “Then, let’s start discussing how to end this farce.” To be continued.) Mobile users, please visit m.(www.. )

[End of this Chapter]