Chapter 309 AT& T subsidiary

Shay casually took the business card and glanced at it.

Vice President of Star-Lord Film and Television Investments, a wholly-owned subsidiary of AT&T: Darren Wood.

Seeing this, Shay's eyes suddenly enlarged, and the whole person froze.

AT&T is too famous, the largest mobile communications company in the United States, monopolizing the long-distance and local telephone markets in the United States, with an annual turnover of hundreds of billions, which can be said to be a giant.

Star-Lord has such a parent company, naturally looks down on Warner Film and Television, including Time Warner, the former is the largest mobile communications company in the United States, with an annual turnover of hundreds of billions, and the latter is only one of the media giants, with an annual turnover of more than 10 billion, and the strength of the two is not of the same order of magnitude at all.

"AT&T is going to enter the film industry?"

Shay looked at Darren Morgan in surprise when he came to his senses, he was so shocked by the incident.

"Yes, the parent company decided to look for a new economic growth point, so it sent me to Hollywood. Darren Morgan smiled slightly, his face showing confidence.

But Shay in front of him felt a chill in his back, and he felt like a wolf was coming. If the largest mobile communications company in the United States wants to enter the film industry, it is equivalent to a wolf entering the sheepfold, and if this news is worn out, the whole Hollywood will be shocked, no...... It should be that the whole of America will be shocked.

"President Shay, now that Star-Lord is qualified to acquire the new line, right?" asked Darren Morgan.

"Of course. ”

Shay felt a little hot on his face.

After seeing Shay being suppressed, Darren Morgan was very satisfied, and then talked about the acquisition: "President Shay, I don't ask you how much money Warner paid, but I can tell you clearly that my bid must be higher than Warner, which is the most beneficial for you and other shareholders."

Now, on behalf of Star-Lord Films, Mr. Collins Turner, who is solely responsible for the acquisition of New Line Pictures, will talk about the price we offered!"

After Darren Morgan finished speaking, he gestured to the middle-aged man beside him, and the middle-aged man immediately took out his business card from his pocket and handed it to Shay, and at the same time introduced: "President Shay, I am Collins Turner, vice president of Blackstone, and I will negotiate with you about the acquisition on behalf of Star-Lord Film and Television Investment Company this time, and I hope to give you more advice in the future." ”

"No problem, President Turner. ”

Shay got the business card and was shocked again after hearing Collins Turner's introduction, he knew the name of Blackstone, it can be said that it was like thunder, the company had just been established on behalf of Sony to acquire Columbia, such an achievement is difficult not to pay attention to.

"President Shay, according to our investigation, since the release of "Teenage Mutant Ninja Turtles" in 1990 and the success of "Stealing Love" in 1991, the performance of the new line has still declined seriously in the past two years, and it has also lost a movie, and the favored "Ghost Street" The income is not as expected, resulting in the rupture of the capital chain, the bank also refuses to relend, and more importantly, the new line now owes the bank $120 million, and the repayment date is the end of August this year, so after a comprehensive analysis, plus the copyright of the new line in the current film library, we Blackstone expect the value of the new line to be no more than $1.1 billion.

Our offer is $1.2 billion, plus $120 million in bank debt. ”

Collins Turner finished looking at Shay and waiting for a reply.

And Darren Morgan also appropriately persuaded on the side: "President Shay, this price is very fair, I believe Warner can't afford such a price." ”

"I need to think about it. ”

Shay is very tempted by Darren Morgan's bid, but he will not answer Darren Morgan immediately, he still needs to see how Warner's side offers, and now that the two tigers are competing, he has a vested interest, so he naturally wants to maximize his interests.

"Of course, we wait for your reply. ”

Darren Morgan naturally knew that Shay would sell at a price, but he was not worried, the two tigers competed, and it also depended on what they were fighting for, whether it was worth it, the $1.2 billion he opened, the debt of 120 million was already very high, and Warner was unlikely to offer too high a price, otherwise it would be a bit of a loss to buy it.

After Darren Morgan took Collins Turner away, Shay personally called AT&T, there are too many deceptions in business, and it is not uncommon to print a business card to increase his worth, so he must verify whether Star-Lord Film and Television Investment Company is a wholly-owned subsidiary of AT&T, otherwise it will be a big loss if he really sells the new line and finds out that it is not.

The call finally went to the office of AT&T Chairman and CEO Robert Allen, who also personally confirmed that Star-Lord Film and Television Investments is indeed a wholly-owned subsidiary of AT&T, and Robert Allen also expressed on the phone that he hopes to reach an acquisition agreement with New Line as soon as possible.

After Shay personally verified and determined that Star-Lord Film and Television Investment Company was really a wholly-owned subsidiary of AT&T, he was shocked or shocked, because the wolf was really coming, and Hollywood was really going to be restless.

This wolf will bring more wolves in, and then they will use their huge strength to keep making acquisitions, and Hollywood will reshuffle the cards in one acquisition after another.

But all this is about to have nothing to do with Shay, because the new line is about to be acquired, and what Hollywood will become in the future has nothing to do with him, and now what he has to do is to take advantage of the joining of Star-Lord Film and Television Investment Company to seize the opportunity to get the maximum benefits.

The next day, the people of Warner Film and Television came to the new line again, and the team was led by Hobert Harris, vice president of Warner Film and Television.

Everyone arrives in the conference room and the negotiations begin.

"President Shay, I don't know what you're thinking about our offer?"

Hobert Harris asked bluntly as soon as he came up, with some arrogance in his expression, he is qualified to be arrogant, because the strength of Warner Film and Television is there.

"President Harris, you're offering too little, I'm sorry, I can't accept it. Shay is full of confidence today, because Warner Film and Television has an opponent, and he is not worried about the collapse of the talks.

"The price is already very high, President Shay, and our bid is very sincere. Hobert Harris's tone was very firm, he wanted to express Warner Films' attitude through such a tone, the price increase can only be slightly increased, it is impossible to increase more.

"But now there's a company that's more sincere than you, and they're bidding $1.2 billion, plus $120 million in debt. Shay threw Star-Lord Film and Television Company, and what he, the middleman, wanted to do was to fight with these two companies, the more intense the better.

"Impossible, who would give such an unreliable price. ”。

Warner Pictures acquires a new line, other Hollywood giants will not intervene, and small companies can't afford to offer such a price, so Hobert Harris thinks that this is Shay playing a strategy with him.

"Nothing is impossible in this world. Shay said as he handed Darren Morgan's business card to Hobert Harris.

After Hobart Harris took the business card, he added: "I have verified with Mr. Robert Allen, the chairman of AT&T, yesterday that Star-Lord is indeed a wholly owned subsidiary of theirs.

Of course, if President Hobert Harris doesn't believe it, he can call to verify. ”

After Shay finished speaking, he leaned back comfortably on the chair with his hands on his chest, and he was very relieved to see Hobert Harris's shocked expression, and now it was Warner Television's turn to be anxious.

"President Shay, I need to go back to the company to discuss this matter with the president, and we will talk about it another day. Hobert Harris panicked when he saw the business card, and it was not a good time to continue the conversation.

"Of course, I can totally understand that. Shay got up and shook hands with Hobert Harris.

This was the end of the negotiations.