I’m in Hollywood - Chapter 707
[Chapter 700: The Fish That Slipped Through the Net]
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Eric simply ignored Gwyneth Paltrow’s question, looked down at the document in his hand, and asked, “Didn’t you say last night that there was an audition today?”
Gwyneth Paltrow There was no embarrassment at all, he leaned on the table and raised his chin to look at Eric, and said: “Suddenly I feel that the script is really bad, it’s okay not to go, Eric, I heard that your “Matrix” has already started preparations Ah, I’ve read that novel many times, do you think there is a role that suits me?”
This woman really feels good about herself.
◎,
Eric smiled and said: “How about the heroine?”
Gwyneth Paltrow’s eyes lit up instantly: “Really?”
Eric shook his head without hesitation: “Fake. ”
Gwyneth Paltrow didn’t seem angry at all, and raised her hand and patted Eric’s shoulder lightly: “Eric, you are so bad.” There is still a lot
of work to do in hand, Eric Ke didn’t have much time to coax a woman, let alone a woman who didn’t feel anything, and was about to lose her patience to drive her away when a little girl’s voice came from behind: “Kate, I didn’t expect you to wake up earlier than me. Ah.”
“Hi, Drew, good morning,” Gwyneth Paltrow greeted the little girl.
Eric felt the girl pounce on his back, turned his head and kissed the girl’s outstretched face, and winked without a trace.
The girl giggled, released Eric, reached out and pulled up Gwyneth Paltrow who was beside Eric: “Kate, let’s go, let’s have breakfast, Natasha is ready. I’m
done.”
Although Gwyneth Paltrow didn’t want to leave, she didn’t dare to refuse Drew’s invitation, so she could only get up and walk away.
The side was quiet, and Eric’s attention turned to the document in his hand again.
This is a directed bond financing contract and the result of a recent lobbying effort by Chris and Owen Jacobs.
The content of the contract is that Firefly Investment will provide 300 million US dollars of directional bond financing to Vezon Telecom to purchase cdma base station equipment and mobile communication network solutions from Qualcomm. The bond term is five years.
The annual interest rate is 3%.
After paying huge licensing fees for mobile spectrum licenses, apart from at-t, which is not bad for money, other telecom operators are facing the problem of shortage of funds in the process of upgrading their communication networks to digitalization.
Firefly already owns 40% of Qualcomm shares.
As the largest shareholder far exceeding the shareholding of other shareholders, it has almost absolute control over Qualcomm.
The financing contract in hand is actually equivalent to the bargaining chip verizon offered to Firefly to switch to the cdma technology camp.
Although vezon has already carried a huge debt of nearly 9 billion US dollars, it did not hesitate to reject Firefly’s shareholding plan. This decision is not difficult to understand.
For a company with very promising development prospects, the cost of equity financing is much higher than that of bond financing. Just like Firefly Group, if Firefly Group is short of money, Eric will also choose to issue bonds instead of introducing other shareholders to share Firefly’s funds. future dividends.
As long as vezon survives the tough times in the past few years, after the completion of the mobile communication network, the operating conditions will soon improve, and the huge debt will be slowly digested.
However, this contract also has some connotations of taking advantage of the fire.
Because of the huge amount of debt, verizon has once again publicly financed, and the annual interest rate must be at least 6% to ensure the success of financing, but the annual interest rate of this targeted bond financing is only 3%. If you agree to this contract, only interest For one thing, Firefly loses $10 million every year, not to mention the principal of $300 million. If it is invested elsewhere, it is not impossible for it to double several times after five years.
Eric didn’t know how the original time and space cdma technology broke through.
But at this time, he could not refuse the contract.
Chris just communicated with him on the phone, as long as the contract is signed, vezon, the second largest telecom operator in North America, will be pulled into the cdma camp.
It is almost equivalent to the effect of bringing Qualcomm back to life.
As long as the news is announced, Qualcomm’s stock price can at least rise by 100%.
Eric doesn’t care much about the skyrocketing stock price of Qualcomm, because Firefly will never sell Qualcomm stock in his hands easily. What he values most is the rapid promotion of cdma.
Thinking of this, Eric remembered another thing Chris said on the phone, although the plan to buy shares was rejected by vezon.
But sprit’s attitude is not so firm.
Although the company achieved huge profits last year, its too aggressive layout in the mobile communication business has caused widespread concern among investors. A large amount of upfront investment will make it impossible for this company to generate any profit in the next three to five years. Even, if the bet fails, the mobile communication industry has not reached the expected industrial scale, and it is very difficult for the company. It may fall into bankruptcy due to the aggressive expansion strategy at this time.
These factors have led to a significant reduction in the success rate of debt financing for spnts. No investors are willing to buy corporate bonds that may fall into bankruptcy in the next few years, and spnts can only choose to issue stocks to raise funds.
At a cocktail party in New York, Chris had contact with a director of spint. The director told him that spint could issue 10% of the total share capital to Firefly, but the asking price was $1.6 billion. That’s a 60% premium to SPNT’s current share price.
Of course, this price cannot be the final transaction price, but if Firefly wants to achieve this transaction, it is inevitable to pay a certain percentage of the premium.
Eric is even more willing to absorb SPNT shares from the open market, but compared to Qualcomm’s total share capital of 30 million shares after additional issuance, SPNT’s total share capital reaches an astonishing 3.6 billion shares, which is 120 times that of Qualcomm. Moreover, most of the stock holders are foundations that do not easily sell stocks for the purpose of investment. It is difficult to imagine the difficulty of becoming a major shareholder through the absorption of the circulation market.
Thinking in his heart, Eric wrote a series of figures on the notebook beside him. The $300 million debt financing for vezon and the acquisition of sprite stock should require at least a 30% premium, $1.3 billion.
The plan to increase Cisco’s holdings, which has been brewing during this period, requires a larger $2 billion capital, and that’s all.
Combined, that’s $3.6 billion.
In addition, Yahoo CEO Ian Grenier recently discussed with Eric some Yahoo management’s views on the company’s future growth plans, if according to their ideas, in the next few years.
Yahoo will also be a big cash burner.
Even if Firefly Group maintains an annual profit of 2 billion US dollars in the next few years, with Eric’s 73.7% stake in the company, he can only get 1.5 billion US dollars in annual dividends.
There are several other extras, but they are not enough to support these plans.
After thinking about it for a while, Eric could only make up his mind to take one step at a time.
If that doesn’t work, reduce the size of some plans.
“Eric, what are you thinking?” Little Nizi appeared beside Eric again at some point, still following Gwyneth Paltrow.
“It’s nothing, some messy things,” Eric replied vaguely. With outsiders around, he wouldn’t be as casual as when he usually gets along, in case something is revealed.
It is likely to cause unnecessary trouble.
Xiao Nizi didn’t mind either. She took the coffee just brewed from Natasha and poured it over to Eric, and said, “Eric, I’m going to the company, will you leave today?”
Eric shook his head and said, “No, I’ll wait for you to come back.”
“Then I’ll leave Natasha for you, just let her do anything.”
Eric smiled: “I don’t want it anymore. , you take them all, it feels a little strange to take them apart.”
“Okay. There is a phone number for the maid under the coffee table in the living room. They live in the nearby Cold Water Canyon. You can call and ask them to come over if you have something to do,” the little girl said again.
Turning around to leave, she saw Gwyneth Paltrow, who had no intention of moving her footsteps, and said, “Kate, come with me and take you to my company.
” How could Gwyneth Paltrow leave so easily.
Said: “Dru, you go first, I’ll just leave later, I plan to go to Burbank, let’s go different ways.”
“Oh, that’s fine,” Xiao Nizi nodded, without any hesitation In front of Gwyneth Paltrow, she blinked funnyly at Eric, and walked towards the car that the twins had already driven out of the gate.
After a burst of engine noise, Eric and Gwyneth Paltrow were soon left in the mansion.
“Eric, can I sit here?”
Gwyneth Paltrow said, and sat down beside him without waiting for him to answer.
Eric had a headache, and the little girl was naughty again. She knew that she didn’t like this woman, so she kept her.
“Eric, the twins are named Natasha, it’s very interesting,” Gwyneth Paltrow quickly said.
Eric replied casually: “My sister’s name is Natasha. My sister’s name is too long. It’s still in Russian. Everyone can’t remember it, so they are used to calling it Natasha.”
“Oh,” Gwyneth Patt Luo seems to be interested: “Then how can they tell who they are calling when they are together?”
“The two are the same, why should they be distinguished? When they are together, they will be called Natasha, and my sister will agree.
” It’s really interesting, if only I could have such a pair of servants,” Gwyneth Paltrow did not hide the envy in her tone.
Eric smiled, turned his head to look at Gwyneth Paltrow, but an inexplicable thought flashed in his heart, and he couldn’t help but look up again before he caught the thought just now.
The Seven Deadly Sins.
Although he has been combing through the movies in his memory recently, Eric still found that he had forgotten this classic movie.
Moreover, according to the information in my memory, “Seven Deadly Sins” was released in 1995, at least it should have started shooting at this time.
However, the heroine is here, the hero is still in the TV circle, and Eric has never heard of “Seven Deadly Sins”. Rick didn’t know when he would be able to think about it again.
The “Seven Deadly Sins” in the original time and space caused a sensation as soon as it was launched with its dark and desperate plot. It won a box office of 300 million US dollars at a cost of 30 million US dollars worldwide, and it was even among the former New Line Pictures. Iconic productions from first-tier studios.
Gwyneth Paltrow saw that Eric looked at her a few more times for no reason, her expression moved slightly, but her tone became reserved, and said, “Eric, what are you looking at?”
“It’s nothing,” Eric said Then
, he picked up the phone next to him: “Sorry, Gwyneth, I need to make a few calls.”
Gwyneth Paltrow’s expression was a little resentful: “Yes… do you want me to avoid it?”
Eric clicked Nodding, but remembering that she just helped him remember a leaked video, Eric was embarrassed to be so harsh, and said, “You can go to the living room and watch TV for a while.”
Gwyneth Paltrow felt Eric’s tone It softened, but it was very smart to stop entanglement, got up and walked towards the villa.
Eric thought about it for a while with his mobile phone in his hand, then dialed the head of New Line Pictures and asked if there was any information about a screenwriter named Andrew Kevin Walker.
The big boss made a phone call in person. Of course, the person in charge of New Line Pictures did not dare to go to the bottom of it, but dutifully followed Eric’s instructions to inquire about relevant information.
Eric quickly got the information of Andrew Kevin Walker. The screenwriter already owns a work that has already been released, called “Six Degrees of Tremor”. In addition, Eric also watched it smoothly. Arrived at the name of “Seven Deadly Sins”.
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The script of “Seven Deadly Sins” did not deviate from the original track, and it still fell into the hands of the new line, but the person in charge of the new line has been a little hesitant about this project, because the script is too dark, and they can’t even find many points to buy, plus I haven’t been able to find a suitable director, so it has been put on hold.
Moreover, New Line’s original budget for this script was only 8 million US dollars, and it wanted to make a low-cost cult film. Therefore, this kind of inconspicuous small project could not fall to Eric’s side at all.
Eric also knows that as his status improves, he will definitely not see many things that he could have encountered. This is something that cannot be changed. After all, he only has so much energy, and it is impossible to do everything.
Instructed the person in charge of the new line to fax the script, and asked the other party to contact David Finch directly to see him, and Eric hung up the phone.
Gwyneth Paltrow had no intention of watching TV, she kept looking around in the villa, and when Eric hung up the phone, she couldn’t wait to walk out.
When I came to Eric’s side, I saw that the fax machine on the long table was making a soft sound.
(To be continued.)
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[End of this Chapter]
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