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After the U.S. Department of Justice officially approved Daenerys Entertainment's acquisition of MCA, the already advancing merger of the two companies began to accelerate.

Daenerys Entertainment continued to publish a dizzying array of financial and personnel news in the week that followed, so few people realized what the news really meant.

At a press conference on the day the acquisition was approved, Daenerys Entertainment CEO Amy Pascal announced that Daenerys Entertainment's equity delivery to MCA shareholders would be completed by the end of February.

At the same time, Daenerys Entertainment's funds for the acquisition of MCA will be fully obtained through loans.

The next day, Daenerys Entertainment announced again that it would cooperate with Hollywood legendary director Steven Spielberg on two projects at the same time, namely the dinosaur sci-fi movie "Jurassic Park" and "Schindler's List", which tells the story of the Holocaust in World War II.

Although Daenerys Entertainment is not a listed company, the announcement of this cooperation has made the industry more optimistic about the new Daenerys Entertainment Group, which is suddenly burdened with an additional $7 billion in debt. This is not just because of Daenerys Entertainment's collaboration with Steven Spielberg, but also because of the other meanings behind Schindler's List project.

Subsequently, Daenerys Entertainment CEO Amy Pascal, whose contract is about to expire in March this year, announced a contract extension.

The powerful woman in Hollywood, who single-handedly assisted Simon Westeros in building the Daenerys Entertainment Group in just a few years, the contract renewal clause became the focus of the media's attention, and it attracted all kinds of speculation for a while.

After a lot of disturbing discussions, the entertainment information section of the Igrete portal finally revealed the mystery.

Amy Pascal's new contract, with a three-year term, raises his base salary to $750,000 a year, and the terms of the share are the same as the 1987 deal.

Also belonging to the Westeros system, the news of the Egrett portal is actually equivalent to an official announcement.

However, the interpretation around this contract has not stopped.

Most media originally predicted that Amy Pascal's contract this time was likely to be the usual five-year contract for Hollywood executives, and the top leaders of several major Hollywood studios, Michael Eisner, Peter Cooper, Shirley Lansing and others were contracted.

Therefore, the 3-year period is very interesting.

The industry media did not see this as a sign that Amy Pascal might be leaving Daenerys Entertainment, otherwise, Westeros would not have been able to give the female executive the same 5% corporate net profit and the same amount of equity awards as four years ago when Daenerys Entertainment has expanded countless times.

You must know that the income dividend ratio of the helmsmen of various studios in the industry is usually only 2%.

Even if Daenerys Entertainment will face a lot of debt pressure in the next few years, resulting in shrinking profits, a compensation contract equivalent to 10% of the company's net profit will definitely be a big deal.

So, let's go back and look at Pascal's contract term.

3 years.

It most likely means another node.

As we all know, before the IPO, the contracts of the company's executives need to be readjusted.

Daenerys Entertainment has just acquired MCA, and it is not wise to launch an IPO plan in the short term, and the 3-year digestion time seems just right.

At the same time, several in-depth cooperation agreements between Daenerys Entertainment and Panasonic also appeared in the media, so the outside world finally learned why Panasonic simply withdrew from the bid for MCA in the first place.

In a series of news hotspots, negative news is inevitable.

Before the acquisition was approved by the U.S. Department of Justice, Daenerys Entertainment had 3,000 employees, and the two companies had similar revenues in the past fiscal year, while MCA had more than 12,000 employees worldwide.

Westeros' choice not to lay off employees after acquiring Bel Atlantic is mainly because the rapid expansion of the telecommunications industry in the field of mobile communications and the Internet can naturally absorb Bell Atlantic's redundant human resources.

And, because he didn't know much about the telecommunications industry and didn't need to cut back on his debt by laying off employees, Simon chose to stay still.

MCA is different.

Because Daenerys Entertainment and MCA have a large number of overlapping functions, MCA, under the management of Lou Vasalman, who has long since lost his sharpness, inevitably has its own serious redundancy problems that are common in large companies.

Therefore, layoffs are inevitable.

The Hollywood Reporter immediately exposed Daenerys Entertainment's plans to lay off up to 3,000 people in the new company after the merger is completed.

The issue of employment has always been a focus of concern in American society.

For politicians, the employment rate is a reflection of their performance. For enterprises, guaranteed employment is also a reflection of corporate image and social responsibility.

All of a sudden, 3,000 people could lose their jobs, and the whole of Hollywood was in a state of agitation.

The three major labor unions that were forced to give up on preventing Daenerys Entertainment from acquiring MCA immediately came forward to condemn the possible layoffs taken by Daenerys Entertainment. The North American media and various labor and social security organizations in California have also begun to focus on the matter.

In the end, the new governor of California, who took office at the beginning of the year, and several members of California's Congress expressed concern about the matter

After a few days of silence in the face of public pressure, Daenerys Entertainment quickly clarified that there were no plans to lay off up to 3,000 people.

However, because the merger of the two companies has created a lot of duplicate jobs, Daenerys Entertainment has to make a trade-off, but it is guaranteed that the scale of layoffs will be strictly limited to 1,000 people.

At the same time, Daenerys Entertainment also promised to create at least 1,000 new jobs through its own business expansion in the next three years.

The number of layoffs has been reduced from the rumored 3,000 to 1,000, and while the blame is still inevitable, it is noticeably much more acceptable.

While the merger continues to advance, the Valentine's Day schedule in February in North America has also quietly opened.

Last year's Valentine's Day schedule saw box office dark horses like "Pretty Woman", and this year, Daenerys Entertainment's films have also received additional media attention.

However, compared with "Pretty Woman", the movie released by Daenerys Entertainment on Valentine's Day this time is much more non-mainstream, called "Fighting Wisdom and Many Stars".

Moreover, the most watched film in North American theaters is still "Home Alone" last year's Christmas file.

As of February 7, a week before the Valentine's Day schedule, "Home Alone", which opened for the seventh week, once again received $12.93 million at the box office. In seven weeks after its release, this phenomenal children's comedy has grossed $191.59 million.

On February 8, the Valentine's Day schedule opened, and Daenerys Entertainment's New World Pictures produced and distributed "Fighting Wisdom Multi-Star" opened with a scale of 1,739 screens, and at the same time, Warner Bros. produced George Miller's high-cost fantasy adventure film "The Great Demon 2" and Columbia Pictures' Samsung produced the romance film "LA Story".

The fantasy adventure feature film "The Great Devil's Domain", based on the famous German children's book, invested a huge budget of $26 million in the first part in 1984. Although the North American box office at that time was not too successful, only a little over 20 million, because of the excellent special effects scenes, it recouped about $100 million worldwide at that time.

This time, Warner invited George Miller to direct, and once again invested a large budget of $36 million, which can be described as the most favorable box office title contender for this Valentine's Day schedule.

However, the box office performance of several films in this Valentine's Day schedule has surprised many people.

From February 8th to February 14th, in the first week of the Valentine's Day schedule, it was not George Miller's "The Great Demon 2" that topped the single-week box office charts, nor "LA Story", which fits the atmosphere of Valentine's Day very well, but the non-mainstream nonsensical vulgar comedy "Fighting Wisdom and Stars".

In its first week of filming, the "Saturday Night Live" TV star Mike Myers starred in this vulgar comedy with a scattered plot that lacked a main line and grossed $21.7 million in seven days.

Even under Daenerys Entertainment's consistently excellent publicity offensive, many critics gave positive reviews such as freshness and fun after the film's release, but everyone still didn't expect that this alternative comedy movie, which lacks selling points no matter how you look at it, can grossing more than $20 million in the first week.

Within Daenerys Entertainment, although many people know that this project was personally selected by Simon, even Danny Morris, president of New World Pictures, who single-handedly managed the production of "Fighting Intelligence", thought that if the film could get $50 million at the North American box office before the film was released, it would be a miracle, and several project leaders also set up a small gamble for this.

Then, Danny Morris naturally became the loser, but also the loss was happy.

The unexpected $21.7 million box office in the first week, combined with the film's media reputation and good topicality, means that "Fighting Wisdom and Multi-Star" is very expected to go out of a beautiful long-term box office.

50 million local box office may be just a guarantee.

However, because the content of the film involves too many jokes that only Americans themselves can understand, the distribution team does not have much expectation for the overseas box office of the film.

After "Fighting Wisdom and Multi-star", the second place in the weekly box office list is not two new films, but still "Home Alone".

In the eighth week of its release, "Home Alone" lost its weekly box office champion position for the first time, but the box office decline remained at a very good 21%, collecting another $10.22 million.

At the same time, the film's total domestic box office in North America also officially exceeded the $200 million mark, reaching $200.181 million.

According to Home Alone's phenomenal box office momentum, the film's total screen life usually reaches about 25 weeks.

It is not difficult to predict that eight weeks after the opening of the painting, "Home Alone" will probably be able to stay in North American theaters for 4 months.

Although the weekly box office of "Home Alone" will fall to less than $10 million starting next week, the subsequent four-month screening, during which it will experience a popular schedule such as Easter, which is also suitable for a family atmosphere, will not be difficult for the film to accumulate another $80 million at the box office, and it is still expected to reach the level of $280 million in North America in the original time and space.

With a production budget of $18 million, North America alone can harvest $280 million at the box office, and the crazy rate of return makes it difficult for the whole of Hollywood to hide their jealousy.

Because of this recent series of events, coupled with the approaching date, Simon, who has been trying to reduce his personal exposure, has once again inevitably become the center of media attention.

February 22nd.

Simon Westeros' 23rd birthday.

Although there is no shortage of media hype during this time, the Westeros system's tens of billions of dollars of debt may drag down Westeros's personal net worth. However, the fact is that a month after the outbreak of the Gulf War, because of the successive victories of the multinational forces, as the leader of the war, the US stock market quickly got rid of the haze of war and began to rebound.

In just one month, the Dow Jones index is up 23% from before the war, and the S&P 500 has also rebounded by 25%.

Look back at this point.

Simon Westloca's decisive and swift acquisition of Bell Atlantic and MCA at a point in time before the outbreak of the war was nothing short of a stroke of genius.

If the two acquisitions dragged on after the outbreak of the war, and only increased according to the standards of the broader market, it would be impossible for Westeros to take the two companies at the original price.

After all, Westeros' original offer to Bell Atlantic was only about 30% of the pre-offer share price. Although the premium for the MCA acquisition is higher, it is also because MCA's stock price has been severely dragged down by the continued economic downturn in the United States for more than a year.

You know, two years ago, CAA President Michael Ovitz made a test to MCA on behalf of Sony, and Lou Vasalman made an offer of as high as $8 billion.

As for Bell Atlantic, Daenerys Entertainment has picked up a big bargain. If it drags on until after the war, Simon may have to pay an additional $2 billion for Bell Atlantic.

Now, just the natural rebound in the value of these two companies along with the overall economic situation in the United States has given Simon a huge potential benefit.

If necessary, Simon could easily alleviate the debt pressure faced by the Westeros system by selling some of the shares in the two companies.

What's more, Simon doesn't actually need to do that.

After more than a month of financial review, Daenerys Entertainment's 1990 financial report was finally released.

Throughout 1990, through the rich income of films, television, games, consumer goods, soundtracks, etc., Daenerys Entertainment's net profit for the whole of last year finally reached $1.12 billion, about $100 million higher than the initial expectation of about $1 billion.

Although Daenerys Entertainment's earnings last year were basically quickly siphoned off for other investments in the Westeros system, then, with the subsequent revenue of a series of blockbuster films in previous years, only counting Daenerys Entertainment before the merger with MCA, the company's 1991 earnings were still able to reach the level of 1990.

Therefore, the proceeds contributed by Daenerys Entertainment alone are enough to pay off the debts due to the entire Westeros system.

With the continued rally in the U.S. stock market and the expiration of the original promise of a three-year no-reduction in tech stocks, Westeros could cash out huge sums of money from the tech stock market at any time if needed.

What's more, the two major corporate giants acquired this time, Bell Atlantic and MCA, can also continue to generate huge cash flow and profit earnings.

Since tens of billions of dollars of debt will not pose a threat to the Westeros system, it is not difficult to imagine that Simon Westeros's personal net worth will not shrink as the overall economic situation in the United States recovers, but is more likely to continue to increase.