Same Sunday, Los Angeles.

Michael Ovitz watched James Raybould's "Today Show" interview in its entirety at breakfast, and naturally he didn't believe James' ambiguous response at all.

According to recent inquiries, Daenerys Entertainment is preparing to bid for MCA, which is already an indisputable fact.

Originally planned to spend time with his family over the weekend, but because yesterday's "Hollywood Reporter" suddenly exposed Daenerys Entertainment's acquisition intentions and today's "Today Show" interview, Ovitz had to continue working on the weekend.

From the second half of last year to now, CAA's team has been busy for a full year on the MCA acquisition.

If the acquisition fails, it will not only be a year of exhaustion for the entire team, but also tens of millions of dollars in lost consulting fees, which is not what Ovitz wants to see.

However, Ovitz also understands that the problem he faces at this time is very difficult.

During Panasonic's initial contact with Ovitz last year, it expressed its willingness to make an offer of up to $90 for the acquisition of MCA, which is equivalent to a total transaction value of $9 billion based on MCA's total share capital of nearly 100 million shares.

However, as the Japanese economy has continued to deteriorate for most of the past six months, Panasonic's attitude has become more and more conservative. On the other hand, the outbreak of the war in Kuwait triggered a decline in the U.S. stock market across the board, and at the close of trading last Friday, MCA's share price had fallen to $36, and Panasonic was even less likely to bid another $90 share.

The problem now is that the acquisition must be accelerated while urging Panasonic to further increase its offer for MCA.

Before 8 o'clock in the morning, Michael Ovitz arrived at CAA's headquarters in Century City, and members of the core team of the MCA acquisition had also arrived, along with Yonako Keiya, the representative of Panasonic in the acquisition.

The meeting lasted all morning to discuss various coping strategies, and Ovitz spoke on the phone with Matsushita President Akio Furui in Osaka at noon.

Akio Furui has been hoping to enter the United States since he became president of Panasonic in 1986, but before last year, he was suppressed by the conservative founder of Panasonic, Konosuke Matsushita.

To Owitz's disappointment, however, Furui did not accept his offer to raise the offer to $75 per share to close the deal as soon as possible, nor did he abandon the acquisition because of competition from Daenerys Entertainment.

After a busy morning, it was finally decided to start a new round of negotiations with the MCA next Wednesday to further discuss the details of the acquisition.

After lunch, Yonako Keiya was sent off, and the core members of MCA's acquisition team, Michael Ovitz, Bob Goldman, CAA's financial director and co-founder, and two other executives, Sandy Kleeman and Ray Kittzman, returned to the morning meeting room.

Panasonic's attitude towards the acquisition is not resolute enough, which makes everyone a little worried.

As everyone gathered around the conference table and waited for the secretary to bring coffee and leave, Bob Goldman suddenly said, "A lot of people in Hollywood probably don't want to see Daenerys Entertainment expand anymore." ”

Sandy Kleeman, who helped Ovitz start CAA's corporate agency business, said: "So what, do you think Warner, Fox, MGM, and Columbia will jump out against the takeover?"

This summer, Daenerys Entertainment's 10-film plan "Sleep with the Enemy" and "Shaking the Hand of the Rocking Basket" have been successful, not only Fox and Disney have benefited from it, but Warner, MGM, Columbia and other companies have worked closely with Daenerys Entertainment.

Ray Ketzman said at this time: "And Paramount, the failure of the two projects of "Rocket Expert" and "Firebird Attack", Martin Davis must be very unhappy with Westeros. ”

Sandy Kleeman said, "It's just that the Paramounts are simply not enough. ”

Bob Goldman then said, "You guys got one thing wrong, it doesn't have to be the same industry that can prevent a studio from being merged, I mean, the big three unions in Hollywood. ”

Bob Goldman's voice fell, and the other three people in the room all showed momentary expressions.

Daenerys Entertainment had a falling out with the Writers Guild of America over the strike two years ago, and now Simon Westeros continues to suppress star salaries through long-term contracts and strictly control film production costs in terms of budget, which is beneficial to the development of studios, but obviously harms the interests of Hollywood Writers Guild, Directors Guild and Screen Actors Guild.

What's more, for two consecutive years, Daenerys Entertainment has accounted for most of the top ten places in the US box office list, and such a market share, if it merges with MCA, it has obviously constituted a monopoly suspicion.

If the three major unions file a lawsuit with the federal Department of Justice at the same time, coupled with the cooperation of Hollywood studios such as Paramount, it should be very likely to stop Daenerys Entertainment's acquisition.

"I remembered the proposal from Senator Peter Brigel, Republican of Texas last Wednesday," Ray Ketzman quickly brought up another matter, seeing the other three people looking confused, and said: "I'll have someone collect a copy of the information for you, anyway, the White House should not have a good opinion of Westeros right now, in this case, the Department of Justice may not easily pass Daenerys Entertainment's application to acquire the MCA." ”

"And last year's Dustin, Cruise, and a few of them. ”

"Matthew Broderick, do you remember that young man?"

“......”

“......”

The four of them discussed for more than ten minutes, and Michael Ovitz quickly made a decision and said: "Bob, you are familiar with Martin Davis, ask him to talk as soon as possible, Sandy and Ray, you two are responsible for contacting contacts in Washington, and I will personally communicate with the three major unions and Dustin." ”

Finalizing these, the four of them soon began to act separately.

The weekend has passed in the blink of an eye.

Monday, September 10.

Following the Hollywood Reporter's revelation last Saturday that Daenerys Entertainment is interested in acquiring MCA, the Wall Street Journal on Monday also exposed the progress of the MCA acquisition, saying conclusively that the Panasonic acquisition team will start formal negotiations with the MCA on Wednesday.

Michael Ovitz called Lou Vasalman's home directly after the Wall Street Journal news broke, accusing him of leaking the news and threatening to cancel Wednesday's agenda. Lou Vasalman has vehemently denied Ovitz's accusations, and after several altercations, Wednesday's meeting will continue as usual.

However, after continuous media reports, the news that Daenerys Entertainment and Panasonic may bid for MCA is completely on the table.

On Monday morning, as soon as the North American stock market opened, MCA's stock price began to rally sharply.

After a day of trading, by the end of the afternoon, MCA's stock price had soared from $36.75 at the opening to $41.25, an increase of 12%, and by Wednesday's close, MCA's stock price had risen to $46.75, basically returning to the level before the outbreak of the war in Kuwait.

Because of the time difference between the east and west coasts, when Panasonic and MCA executives concluded Wednesday's negotiations, the east coast stock market had closed.

Moreover, there are signs of a sharp turn for the worse.

MCA President Sid Szyd Schinberg bluntly said at the press conference after the talks that Song's offer lacked sincerity, and that MCA's recent stock price has been seriously undervalued due to force majeure factors, and if Panasonic refuses to raise the offer, the transaction between the two parties may be stranded.

At the same time, Sid Szynberg also said at the press conference that MCA is a very good company, and he is very much looking forward to other companies interested in this company.

The purpose of these last words could not be more obvious.

The media then went on to expose more specific details of the talks.

MCA Chairman Sid Szyd Schinberg expected a price of $80 per share, but Panasonic was only willing to offer $60 a share.

Because of the loss of this meeting, the rally of MCA stock slowed down significantly the next day.

Although it is clear that Panasonic will not give up the acquisition so easily, and MCA will not easily get rid of Panasonic, a competitor who can push up its own stock price, many people still turn their eyes to Daenerys Entertainment and look forward to Simon's move.

Escaping the media scrutiny in the first week of the release of the Forbes rich list, Simon remained in New York this week.

When the news of the apparent stalemate after the first public meeting between Panasonic and MCA came, Simon completely put his mind down and waited patiently for the right moment. During this time, Janet personally helped him choose and arrange one meal after another, cocktail parties, parties and other activities.

Quickly accumulating a huge net worth, it is not possible to do without a corresponding network, and it is not a wise move to completely hand over the network to the executives of its own companies.

Every time Simon goes to Melbourne, the Johnston family will arrange similar activities for Simon to attend, Janet can be regarded as completely inheriting the family's vision and skills in network building, women can help Simon avoid a lot of useless socializing just by instinct, and there is no need to blindly grope around in and out of various circles like many new rich people.

In order to further confuse the media and the public, Simon also participated in a party hosted by Steve Ross at his home in East Hampton, Long Island, with great fanfare.

Immediately afterward, there was news in the media that Daenerys Entertainment may seek to merge with Time Warner.

Everyone in the circle knows that Steve Ross is a very power-hungry person, and Simon will not let go of the control of Daenerys Entertainment, so the possibility of a merger between the two companies is low. However, there have always been more people in this world who don't know the truth.

After the related news appeared, Time Warner's stock price also began to rise.

Neither Daenerys Entertainment nor Time Warner clarified this, Simon is to confuse the public, and Rose hopes that Time Warner can have some positives, even if it is a false positive, which can reduce the pressure on the head of Time Warner a lot.

After the completion of the Time Warner merger at the beginning of this year, due to internal management struggles, deterioration of the external economic situation, and a significant increase in corporate debt, the synergy effect of one plus one greater than two expected by all parties before the merger of Time Company and Warner Bros. did not appear, and Time Warner's stock price fell all the way.

At present, Time Warner, a media giant with total assets of nearly $25 billion, has a market value of just over $8 billion and liabilities of more than $10 billion. Compared to before the merger, when Paramount Communications tried to cut off the acquisition, it only offered $10.7 billion to Time.

In recent months, some media outlets have compared the Time Warner merger to the Reynolds Nabeske merger the year before.

Frankly, because the internal situation of Time Warner is so complicated, even if Steve Ross is willing to sell the company, Simon will not take it lightly.

After two weeks of disruption, Simon left New York again on September 17 and flew to San Francisco on the West Coast.

A few days ago, Simon was not out of sight to maintain Larry Ellison's control of Oracle in exchange for a total board seat of the company, and to let Carol Butz, who is in charge of the software business of Egrett Corporation, take over the role.

The use of database software on Internet sites is very broad, and the appointment of Carol Butz as a director of Oracle will further strengthen the collaboration between Oracle database software and Egrett World Wide Web technology.

Oracle's upcoming layoffs, on the other hand, are mainly focused on the software sales department. It just so happened that Carol Butz was building Igret's software sales network, and this time he could poach a group of available sales employees from Oracle 'nearby'.

Although Oracle has made significant mistakes in its sales strategy over the past two years, its rapid growth is undeniable, and it is largely due to the Oracle sales team.

In addition, Carol Butz was inspired by Simon's memorandum on the concept of 'cloud computing' in the company of Eaglet, and hoped to make the software division of Eaglet a one-stop technical support company for Internet sites based on World Wide Web technology, providing users who want to build websites with a complete solution involving software and hardware, rather than simply selling related software products.

Unlike in the original space-time, Egrett had a near monopoly on the technology patents related to the World Wide Web at this time.

While Simon kept an open mind as much as possible, just thinking about it made him realize what a huge benefit Carol Butz's vision would mean if it came to fruition, given the explosive growth of web-based websites in the years to come.

Moreover, this is definitely not something that Egrett can accomplish alone, it must be combined with all the resources of the new technology enterprises under Westeros.

Of course, this plan will not happen overnight.

Simon rushed to San Francisco, where in addition to hearing about Carol Butz's business plan, had to mediate the dispute between Carol Butz and Jeff Bezos again.

The last $50 million injected into Igret, Simon divided the majority of $35 million of it to the network department, Carol Butz believes that his software department is the most important at this stage, and more funds should be shared, so after Simon left last time, he and Jeff Bezos 'argued' and wanted to divide the funds equally.

Carol Butz and Jeff Bezos are both very strong personalities, and in the months since they joined the company, they have unwittingly even marginalized Tim Berners Lee, the CEO, to the position of CTO.

Tim Berners Lee is the kind of tech nerd similar to Apple founder Steve Wozniak, who found that he really couldn't manage his two nominal subordinates, so he simply did not participate in the dispute between the two and concentrated on the research and development of a series of World Wide Web technology projects that he was responsible for.

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