Chapter 75: The Theory of Relativity
"I know you have concerns. Ronan smiled and said, "Parker, Neil, Wilson, the three major shareholders of your company have a very strong desire to sell their shares, and have already negotiated several rounds with my representatives, and this deal will be concluded soon, otherwise I would not have met with you." ”
Garcia smiled too, but didn't answer Ronan's words.
Ronan said unhurriedly: "Don't worry, you won't become a department of Shahai Entertainment, and you won't change from the head of the company to the department manager." ”
Garcia's eyebrows were raised, which was his real concern.
Ronan continued: "Embassy Pictures is still Embassy Pictures, it will not be merged into Shahai Entertainment, it will be a subsidiary of my newly established company, just like Shahai Entertainment. ”
Hearing this, most of the psychological gap in Garcia's imagination disappeared at once.
"After the completion of the acquisition, the salaries of all employees will increase to varying degrees, and the salaries of management will be increased by 10%. Ronan saw the change in Garcia's expression, "I will try to keep all the staff as much as possible, and employees with experience in film distribution are valuable assets." ”
After a moment's deliberation, he added, "What I want is a company with complete people and channels, not a fragmented company." ”
Garcia finally couldn't help it and asked, "What about management?"
"No change for half a year. Ronan is not playing falsely, after all, he is facing adults who are in business: "As long as they prove their ability, the position and salary are not a problem." ”
Garcia breathed a sigh of relief, the conditions could be said to be quite good.
Ronan took the initiative to end the meeting and said, "Mr. Garcia, think about it." ”
In the days that followed, the pace of the bid for Embassy Pictures picked up dramatically, with Robert in charge of liaising with the three major shareholders and George keeping in touch with the management of Embassy Pictures.
Ronan went to Delaware, and with the assistance of a team of professionals, registered a new company in Delaware, Relativity Entertainment.
If all goes well, the company will become the holding company for Shahai Entertainment and Embassy Pictures.
Back in Los Angeles, negotiations between Robert and George continued, and Ronan signed an agency agreement with the firm, one of the best in the industry, to help with the acquisition of Embassy Pictures.
Transactions involving tens of millions of dollars are indispensable for a professional team to provide legal and other services.
Soon, mixed news came from Robert's side, and the three major shareholders of Embassy Pictures, who hold up to 90 percent of the shares, offered to sell their shares, but the asking price was as high as $35 million.
The other party's reasons are very good, Embassy Pictures not only has a complete distribution system, but also has the copyright of more than 40 films in the film library.
However, these films are all independent small productions from overseas, and the maximum cost of a single film when Embassy Pictures buys it from overseas is not even $200,000.
Ronan proposed a plan to divest Embassy Pictures' library from the acquisition......
Frankly, when he doesn't have enough money, this will only put his liquidity on the limit.
The two sides began a brief tug-of-war negotiation, and when the price fell to $30 million, the three shareholders bit the bullet and never let go.
Ronan is well aware that factors other than frontal negotiations can also affect the outcome of negotiations.
Especially since 1999, the NASDAQ seems to have gone crazy, and Internet stocks have risen one after another.
Scott, for his part, has been in touch with Wilson, visited him many times, and even invited Wilson to Merrill Lynch's Los Angeles branch.
Specially picked a day when the stock market was soaring, and after work, Scott made a special trip to visit Wilson.
"All I can say is that the people who came in made too much money. Scott sat on the couch and said to Wilson, "Yahoo is up $35 per share today......"
Hearing that it had risen by $35 in a single day, Wilson seemed to see countless dollars flying away in front of him, so much so that he didn't even hear the data of the other stocks that Scott said later.
Scott was well aware that initially it was Ronan Anderson's private business, but now he sees the possibility of getting more benefits.
Develop Wilson into his big customer!
How much commission can a customer like this offer him?
So, Scott did this private work very hard.
When Wilson came back to his senses, Scott said: "I don't quite understand, Mr. Wilson, through these days of communication, I found that you have a very keen investment vision, and your observation and analysis of the market are quite accurate, and even detect the situation that several stocks will rise sharply, but are you only prepared to be a bystander?"
Wilson never wanted to be a bystander.
Scott glanced at him quietly and continued: "Last year, one of my major clients invested tens of millions of dollars, and now his net worth has almost doubled, this is a feast, a veritable feast of wealth. ”
There was a wisp of regret that was flowing through Wilson's heart.
Scott said again: "Mr. Wilson, a rich and wise investor like you would lose astronomical profits by entering the market a day late. ”
Wilson rubbed his chin and thought about it, and he didn't doubt Scott in the slightest, because wealthy people like him who wanted to invest in the stock market would always attract investment managers.
"The time has not yet come. Wilson tried to calm himself down, as if everything was under control: "I'll naturally come in when I get there." ”
Scott smiled, stopped talking about the topic and turned to the recent changes in the stock market.
In the days that followed, Ronan joined the negotiations with Embassy Pictures, which had been difficult and went much better, and Embassy Pictures agreed to divest the film library before selling.
There is no shortage of dozens of small-budget movies from overseas, and there are still companies willing to buy them to enrich their own film libraries.
If Ronan had enough money, he would have bought it as well.
But he has to keep the capital chain running healthily.
Just after Shahai Entertainment held a press conference for the project of "The Grim Reaper", Ronan reached an agreement in negotiations with the three major shareholders and management of Embassy Pictures.
His Relativity company bought a stake in Embassy Pictures for $25 million, a lump sum payment, in the hands of three major shareholders and management.
Embassy Pictures also became a subsidiary of Relativity.
According to Ronan and Garcia's agreement, the interior of Embassy Pictures is relatively stable, and the employees are actually happy to see the company being bought by a richer boss.
Most people still prefer better ways to make money.
Subsequently, Ronan, with the assistance of the lawyer team, also transferred Shahai Entertainment to the brand of Relativity.
Of course, Shahai Entertainment and Embassy Pictures are two completely separate companies.
Ronan had a deep talk with Robert, who moved from Shahai Entertainment to Embassy Pictures as vice president.
If you want the horse to run, you must give the horse grazing, Ronan once again raised the treatment of the three patriarchs, and also made a promise of options.
Shahai Entertainment is very stable, and after the change of shares of Embassy Pictures, there will definitely be an adjustment period.
However, compared with the establishment of a new distribution system, Embassy Pictures can play a role more quickly and effectively.
After winning Embassy Pictures, which has complete distribution channels such as theaters, videotapes and DVDs, Ronan initially has some market dominance.
Then, while Ronan slowly adjusted and controlled the Embassy Pictures, he also really joined the crew of "Death is Coming" and led the preparation of this film.
Due to previous successful collaborations, a significant portion of the behind-the-scenes team is made up of "Human Clearance Project" veterans, but some stunt positions also need to be rehired.
In terms of actors, the public budget of $15 million has attracted the attention of many agents.
And this time it is obviously different from "Human Removal Plan", it is not difficult for people with professional vision to analyze a result from the movement of "The Grim Reaper", this is a horror film with a lot of investment!