Chapter 669: Lehman Brothers

Century City in Beverly Hills, not far from the Relativity Building, where the Fox Tower sits as it always sits.

Since being acquired by News Corp., Twentieth Century Fox has been very stable, even when filming "Titanic", some Twentieth Century Fox executives claimed to have been forced by James Cameron to almost sell their butts, which is just an exaggeration.

Since entering the New World, Twentieth Century Fox has been in the top three, although it is not as good as Warner Bros., the leader in the industry.

Twentieth Century Fox has been in some minor trouble lately.

"Fantastic Four", which has invested a huge budget and has completed all the filming, is gradually being spurned by comic book fans.

Jim Prologis read the latest issue of the Fantastic Four comics and threw it right on his desk.

Producer Michael Barnathan, who was sitting across from him, said: "This is the tenth issue, and it's not happening in the Extended Universe, but in the main Comics universe, and Marvel is really going to give up on the Fantastic Four comics." ”

Instead of answering, Jim Prologis asked, "How much influence did comics have on movies?"

"Comic fans are the most basic audience for movies. Michael Barnathan made an assessment: "Marvel Entertainment has a planned and purposeful transformation of the comics, the transformation of the Fantastic Four in the comics, they designed a relatively reasonable process, and according to the information I have received, Marvel Entertainment's plan will continue until the eve of the release of our movie." ”

He is very cautious: "The long-term accumulation will lead to a change in the views of fans, at least some fans, on the characters, and then affect the ...... of the movie."

Michael Barnathan didn't want to see his film suffer from this and even fail, and tentatively asked, "Are we thinking about talking to Marvel Entertainment? ”

Jim Prologis looked serious: "Marvel thinks we have to give in with Relativity Entertainment?" He took a tough attitude: "Michael, take a long-term view, don't just stare at your project." If we relented on Fantastic Four and agreed to some of Marvel Entertainment's conditions, would they put forward new conditions for the X-Men franchise?"

Michael Barnathan kept his mouth shut, because it was obvious enough.

Relativity Entertainment wants more than just a revenue share of "Fantastic Four".

"Aren't we going to do something?" asked Michael Barnathan.

Jim Prologis said slowly: "You keep in touch with News Corp., our media will speak for the movie." Although we are powerless in the direction of comic content, we can still influence the audience through the media. I've already instructed the PR department to disclose some of the contradictions between us and Marvel Entertainment when the time is right. ”

Michael Barnathan said: "I see. ”

Jim Prologis knew that some tactics were going on in the shadows, but he wouldn't tell anyone else, and waved his hand: "You have to think of more ways to promote PR." ”

"Okay. Michael Barnathan stood up and said goodbye.

After taking care of the work at hand, the secretary knocked on the door and walked in.

"Mr. Pross. The female secretary whispered, "Mr. Richard Fored of Lehman Brothers has arrived. ”

Jim Pross stood up: "Take me there." ”

Five minutes later, in a luxurious reception room on the top floor of Twentieth Century Fox, Jim Prologis met Richard Foulder, one of Lehman Brothers' top executives.

"Hi Richard. Jim Prologe shakes hands with Richard Foord: "We meet again. ”

Richard Foord said with a smile: "I come with the sincerity of Lehman Brothers' friendship and cooperation. ”

Lehman Brothers, one of the Big Four investment banks, is a giant company on Wall Street.

There are countless investors around the world who want to put their money in the hands of Lehman Brothers, and countless companies who want to get valuable investment from Lehman Brothers.

The various investment products launched by Lehman Brothers have always been relatively reliable.

Jim Prolos asked with interest, "I heard that you have launched a new fundraising plan?"

Richard Foord's smile was even brighter: "Lehman Brothers has designed a new investment plan for real estate projects, intending to raise $6 billion, this plan has very little investment risk, the annual return will be about seven percent, if Fox is interested, welcome investment." ”

"We don't have the money at the moment. Jim Pross politely declined, then asked, "Can you tell me more about that?"

Richard Fored said: "Of course. He organized the language a little: "In the past two years, the real estate has picked up significantly, the market is active, the transaction volume of major large and medium-sized cities has skyrocketed, and the government is also supporting." ”

Although Jim Prologis is not in the real estate industry, he has some understanding of the basics, and the real estate industry has really been thriving in recent years.

"Fox is a key customer of Lehman Brothers. Richard Forde continued: "I don't have to hide it from you. Jim, Lehman Brothers plans to inject the $6 billion raised into the real estate loan market, using banks that partner with Lehman Brothers to lend to homebuyers. ”

Hearing this, Jim Prologis frowned slightly: "Mortgage loans take a long time to recoup their investment. ”

Richard Forde couldn't help but laugh: "The payback time is too long, we can't wait, and neither can the investors." Therefore, after we recover the loan contract, we will increase the interest rate by 7% to 8% on the basis of the contract loan amount and resell it to the insurance company......"

Jim Pross nodded lightly: "Short and flat return on investment." ”

"That's right. Richard Fored said: "It's a lot faster than investing in a movie. Jim, do you want Fox to participate? I can set aside a billion dollars. ”

Jim Prologis was cautious: "Let's talk about this later." ”

Such a large sum of money is not something he can call the shots at all, not only the board of directors has to agree, but also Rupert Murdoch has to nod.

Richard Forde said, "Alright then, let's talk about the collaboration at hand. He finally got to the point: "Lehman Brothers has passed a resolution to provide a five-year loan of up to $1 billion to Twentieth Century Fox to help Fox acquire several Internet companies such as IGN Entertainment and photobucket. ”

Jim Prologis said: "That's good news. ”

The acquisition of these two websites involves the layout of Twentieth Century Fox on the Internet.

Since the Netflix website of Relativity Entertainment has conquered the Internet, Hollywood has thoroughly recognized the role of the Internet in promoting the traditional film and television industry, and Twentieth Century Fox is also making efforts.

But it's too slow to start from scratch, and an acquisition is the best option.

Richard Fored said with a smile: "Lehman Brothers has been an investment partner of News Corp. and deserves to help. ”

Since News Corp. entered North America, although it has also cooperated with investment institutions such as Merrill Lynch and Credit Suisse, Lehman Brothers has been the biggest contributor to helping News Corp. absorb startups.

With a loan from Lehman Brothers, Twentieth Century Fox had more room to maneuver in terms of cash flow.

Jim Prologis didn't talk about the loan again, and instead asked, "I heard you want to invest in Relativity Entertainment?"

Richard Fored admitted: "There are indeed plans for this. There are many companies on Wall Street that want to invest in Relatalistic Entertainment, but none of them have been able to do so. ”

Jim Prologis deliberately asked, "Why doesn't Wall Street band together to put pressure on Relativistic Entertainment?"

"We want to too. Richard Forder was a little helpless: "Relativity Entertainment is not a listed company, it has no business dealings with Wall Street, most of their funds are raised through overseas investment institutions, and most of those people and companies have investment competition with Wall Street." ”

He shrugged, "One more important thing, Ronan Anderson's Pacific Investment Fund, which brings consistent income to those investment companies every year. ”

In the past, Wall Street has not worked with some companies that have invested in the Pacific Foundation, but Wall Street has always been arrogant in its treatment of overseas clients, and those people have suffered far more losses than they have earned.

The relationship between capital and capital is, after all, a matter of who can bring more benefits.

"It's a shame. Jim Prologis sighed and said, "Relativistic entertainment is a delicious cake, but none of us can share in it." ”

Richard Forde was not stupid and asked directly, "Do you have a good idea?"

Jim Prologis said: "Relativity Entertainment Group has abundant funds, rapid development, complete industrial chain, relatively healthy internal management, and the most important thing is equity concentration, and there is no good way in a short period of time. But just because Relativity Entertainment doesn't have it doesn't mean that Relativity Entertainment's partner companies don't. ”

Richard Fored shook his head: "We have no interest in other companies, and the investment is not proportional to the return. ”

Wanting to share the cake of relativity entertainment does not mean that Lehman Brothers wants to be a gunman for Twentieth Century Fox.

It's not like he hasn't heard of the controversy between Relativity Entertainment and Twentieth Century Fox.

No one is stupid, and seeing that Richard Fuld doesn't answer his topic, Jim Pross stopped in moderation and said: "Lehman Brothers keep an eye on the theory of relativity, no one is sure when they will be short of funds, which is very common in Hollywood." ”

With such a behemoth as Lehman Brothers on the side, how can it add a lot of pressure to Relativity Entertainment.

Besides, James Murdoch's men are already roaming around Los Angeles and may soon be able to reap the rewards.

Richard Forder left the Fox Building after some time of counseling with Jim Prologs.

After getting into the car and seeing the Relativity Building through the window, he instructed his assistant: "Contact Relativity Entertainment and make an appointment with Ronan Anderson, I'm going to talk to him personally." ”

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