I’m in Hollywood - Chapter 681
[Chapter six hundred and seventy-six things in the future]
Chapter 675
The material accusing Michael Ovitz made headlines in almost all the first-line media the next day. As a bigwig in the brokerage industry who once founded CAA and greatly pushed up the entire Hollywood production cost with the packaging mechanism, this accusation against Michael The controversy caused by Ovitz’s ‘incompetent’ material can be imagined. It is difficult for the outside world to understand what happened in Hollywood. They can only know through the media. The internal contradiction that Universal has been trying to cover up finally broke out. Michael Ace Rumours of a conflict with Michael Ovitz, who has repeatedly denied in press interviews, have also been confirmed.
『≤Three』≤Jiangge『≤Small』≤Said,
although most people can only see the surface of the incident, Eric got the detailed ins and outs of the whole thing the night it happened.
Michael Eisner desperately wanted to use the deal to cement his power by kicking Michael Ovitz out of Universal during Seagram’s takeover.
In order to reduce the cost of firing Michael Ovitz, Michael Eisner had the idea of letting Panasonic bear the cost of Michael Ovitz’s departure.
As Sony’s nemesis in the electronics industry, Panasonic did not have the ‘awareness’ that Sony was willing to take advantage of, so it disclosed to the media the materials that Michael Eisner had sorted out and attempted to join the negotiating terms. The data makes any public comments, but through this kind of action, the attitude expressed is also very simple, this is the internal contradiction of your Hollywood, don’t let Panasonic pay for it.
Matsushita put on an uncle who is about to leave, how can he manage so many bachelors, but he made Hollywood a bit of a chicken feather.
The document accusing Michael Ovitz was full of Michael Eisner’s personal bias, but the content was not fictitious. Therefore, after confirming the authenticity of the document, Sony immediately dismissed the appointment of Michael Ovitz. The idea of Columbia, just as Michael Ovitz thought of the first time after seeing the information, is that he once spent 2 million US dollars to renovate the office, which made Sony, who had just experienced the pain of Peter Cooper’s splurge. I stopped thinking about inviting him.
For Universal, the irreconcilable contradiction between the two leaders was torn apart.
As a direct result, the deal negotiation between Panasonic and Seagram, which was almost the last step, came to a standstill. Both parties knew very well that if this matter was not resolved, the final deal would be difficult to reach.
‘Dirty water’ poured over by Michael Eisner.
Michael Ovitz knew that he would find it difficult to find another home, and the hope of returning to the brokerage industry was even more remote, so as he ranted to Michael Eisner on the phone, Michael Ovitz began to work on time every day. Universal commutes to get off work, as if it really intends to ‘tie’ itself to Universal’s desk.
It’s just that there has been no direct communication between him and Michael Eisner.
With that golden parachute protocol bodyguard, Michael Ovitz is like a rounded hedgehog around the world, leaving
people nowhere to ‘understand’.
Although there was some regret in his heart for throwing out the information too eagerly, Michael Eisner could not admit that he was at fault, because in Western society, admitting mistakes means taking responsibility, and the helm of a large group should take responsibility. There is often only one way, taking the blame and resigning.
Such an outcome was certainly not something Michael Eisner was willing to undertake, therefore, in the course of his subsequent interview.
In order to gain the approval and support of the media, Michael Eisner completely discarded the firm friendship he once declared with Michael Ovitz and discussed the accuracy of the information with great fanfare.
After spending Thanksgiving amid the hustle and bustle of Yu Lun, Eric hurried back to New York to do the latest post-production work for the upcoming December 6th “Victoria’s Secret Annual Show.”
Even so, Eric’s eyes were always fixed on the City of Angels on the west coast.
If it had been a few years ago, Eric would have only been able to stand by and watch the mess that was going on in Hollywood.
However, now he is thinking about how to further intervene in ‘modifying’ the pattern of Hollywood through this incident. The development of the Firefly Group has reached a peak, and Eric’s next plan.
It is to take the entire Hollywood into his own hands step by step. This kind of arrogant idea that looks like a whimsical to outsiders is not unrealistic for Eric.
First of all, Eric already has enough economic strength.
Even without considering the assets held by Firefly Investments, it is only the Firefly Group in the media field. The initial payment for the two asset sales this year and the group’s operating profit for the whole year are added together, excluding the necessary tax expenses, it can still bring benefits to Firefly. With a free cash flow of about $2.5 billion, the operating cash flow of all companies in the entire Firefly Group system is almost three times the free cash flow.
Has a cash reserve of tens of billions of dollars.
If Eric wants to, Firefly can even pack and eat two companies, Columbia and Universal, which are in the hands of the Japanese.
However, if Firefly does this, it will definitely cause anxiety and fear in the entire Hollywood and trigger antitrust investigations by relevant agencies.
So everything can only be done in a subtle way. In this regard, Eric undoubtedly has another big advantage, that is time. Even if it takes ten years to control the whole process of Hollywood, Eric will only be 30. At the age of five, many people are just starting their careers.
Compared with the sunshine all year round in Los Angeles, Thanksgiving just passed, and the entire East Coast ushered in the first heavy snow after winter.
Early in the morning, the black Chrysler was parked outside a high-rise apartment near the entrance of Sixth Avenue and adjacent to Central Park. Kelly got out of the car with the documents in hand, instructed the driver and assistant in the car, and shrank her neck and stepped on it. I had time to clear the snow-covered road and walked into the high-rise apartment. I came to the door of Eric’s apartment on the top floor. She reached out to ring the doorbell.
The cold light after the snow stopped in the early morning passed through the glass curtain wall and covered the spacious living room. At this time, there were many messy documents in the living room. The laptop screen on the coffee table in the middle of the living room was still on. A luxury penthouse overlooking Central Park seemed out of place, and Kelly even felt like she was suddenly at the home of some Frankenstein.
Taking off her thick trench coat and boots, Kelly changed into slippers at the entrance and walked into the living room. At a glance, she saw Eric lying on the sofa in the living room with a blanket and sleeping soundly. This situation made Kelly both Funny and puzzled, this little man sometimes has strict requirements for the quality of life like a son of an aristocratic family, and even has obvious cleanliness.
But sometimes he is casually like a tramp, as if he is very satisfied with enough food and sleep.
Walking lightly to Eric’s side, Kelly gently placed the document in her hand on the coffee table, leaned over beside the sofa, and carefully stroked the messy hair on Eric’s forehead.
With a gentle smile on the corner of his mouth, he wanted to lean in and kiss him, but was afraid to wake Eric and didn’t move, so he got up and walked towards the kitchen.
Quietly cut the bread into the toaster and warm up the milk.
The female assistant was about to make an omelette when she felt a pair of big hands hug her from behind.
Kelly turned her head to the side and let Eric kiss her on the cheek. She smiled and said, “You’re awake, go wash up, breakfast will be ready soon.”
Eric fascinated and sniffed the female assistant’s neck. After a while, the charming woman was fragrant, and then she let go of Kelly, who was already weak, and walked towards the bathroom.
After a while, Kelly placed the prepared breakfast in front of Eric and sat down on the other side.
Then he asked: “Why did you sleep on the sofa last night, what if you catch a cold?”
Eric answered while picking up the cutlery: “I thought about something, and fell asleep on the sofa unknowingly. Kelly asked curiously,
”
Is it something important?”
Eric nodded, but asked, “Is there any news from Hollywood today?”
Kelly nodded and said, “Yes, yesterday Michael A. Snar was on “Larry King’s Late Show” and this time he actually accused Michael Ovitz of character flaws and mental illness, I don’t know what he was thinking, if Michael Ovitz was really what he said Incompetent, how could there be a CAA.”
Eric nodded.
Without making any comments, Kelly continued to say: “There is one more thing, news from Columbia, their financial audit has ended. You can’t guess that Colombia will face a loss of 2.1 billion US dollars in assets. Value, this will be Sony’s largest loss in half a century since its establishment, although this news has not been made public, but the whole Hollywood has spread, everyone is discussing whether Sony will sell Columbia.”
This time.
Eric shook his head very decisively and said, “No.”
Kelly showed a puzzled expression, Eric drank a few mouthfuls of milk, and then explained: “I read the information you collected about Nobuyuki Idei last night. Once again, we all know that he is about to take up the position of Sony Group, do you know what his business philosophy is?”
Although Kelly was in charge of sorting out the information of Nobuyuki Idei, she didn’t notice these and asked, “What?”
” Idei
Shenzhi’s business philosophy is to make Sony go digital and informatization. In short, it is to change the focus of Sony’s future development from purely electronic products, special entertainment media, records, and even the Internet industry.”
Kelly blinked a few times. Doubt: “But, Sony’s fundamentals are electronic products such as Walkmans, VCRs and game consoles. He does this, wouldn’t he…”
Eric smiled and nodded: “You guessed it right, if Nobuyuki Idei Doing this willfully will definitely lead to the decline of Sony.”
Saying this, Eric couldn’t help but think of the original time and space. After the new century, because Nobuyuki Idei ignored Sony’s fundamental business strategy, Sony has repeatedly used MP3 players, personal Computers, mobile phones and other electronic products lagged behind other industry rivals, which eventually led to Sony’s only high-end video cameras, the only PS game console, which was a good product. In this way, it also suffered strong competition from Microsoft products.
Kelly didn’t seem to have the certainty of Eric, and said, “I don’t think Sony should be so… so stupid. Even if Nobuyuki Idei wants to do this, wouldn’t there be other management objections?”
“The board of directors of Japanese companies is very different from that of Western companies. The board members of Japanese companies are basically managers within their own companies. Coupled with the Japanese culture’s nature of obeying the superiors, no one will object to the decisions of the high-level executives. Otherwise, during the process of Akio Morita’s $5.5 billion acquisition of Colombia, some people have come forward to object. However, I think Sony is facing a huge loss of $2.1 billion this time, and Akio Morita, the founder, will definitely leave the position of chairman of Sony. In this case, after Nobuyuki Idei succeeded, it is even less likely that anyone would object to his business strategy. Since Nobuyuki Idei wants to make Sony go digital and informatization, he will definitely not sell Colombia. A good opportunity, since the Japanese refuse to sell, as an outsider, they definitely need a collaborator, and Firefly can continue to get enough benefits from Colombia, I have thought about this in detail last night , I will discuss it with Katzenberg and the others in the next few days, the Japanese stay is only good for us, so we will take the initiative to throw a bait to make them reluctant to leave.”
Kelly smiled, as if Suddenly thinking of something, he hesitated, and said, “Eric, what you just said, the composition of the board of directors of a Japanese company seems to be very similar to the board of directors of Firefly.”
Eric looked at Kelly’s cautious appearance and smiled. , said: “I just thought about this issue last night.”
Kelly was a little surprised, UU reading www.sonicmtl.
com said: “What about the result?”
Eric spread his hands: “The result is that I’m not yet 25 years old, so I don’t need to think about the long-term.”
Kelly was stunned for a moment, and then she laughed.
Yes, Eric is not yet twenty-five years old, not Akio Morita’s seventy-five years old. There is absolutely no problem with Firefly’s current development momentum, and Eric does not need to take precautions in this regard.
“Actually, I’m also thinking that I can still stay awake now, but ten or twenty years from now, I’ll probably be as determined as Morita Akio did and do something like buying Colombia at a high price. Then, I found out I’m starting to have this trend now, so I’m taking a good look at myself.”
Kelly was a little surprised again: “Huh?”
“Qualcomm, do you remember?” Eric said.
Kelly nodded: “I thought you forgot about this.” (To be continued.) SJGSF0916 Baidu search “” to read the latest and most complete novel!
[End of this Chapter]
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