Chapter 881: Adversity
At the beginning of October, the latest issue of "Vanity Fair" featured Ryan Kavanaugh as the cover character, along with the text - "The Law of Maple Leaf Pictures, the young and proud Ryan Kavanaugh aspires to become the most powerful player in Hollywood".
When it comes to the media, the power of money is immense.
"Vanity Fair" chose to cheer for Ryan Kavanaugh in the face of a huge money offensive.
"Money is truth. ”
In his office, Ronan flipped through the articles in Vanity Fair magazine and said to Robert Iger: "Don't look at Hollywood's rejection of Ryan Kavanaugh and Maple Leaf Pictures now, as long as they insist on money opening the way, Hollywood will one day compromise with their money." ”
Robert Iger agrees with Ronan: "Especially when Hollywood is short of money. ”
Ronan carefully recalled, when did the former Relativity Pictures really open up the Hollywood market? After 2008!
The economic crisis led to a severe shortage of funds in Hollywood, and Relativity Pictures, which had a lot of cash in hand, naturally became the object of Hollywood's eagerness to reach out and hug.
Ronan asked, "Will he be able to mobilize enough money?"
"Don't underestimate Ryan Kavanaugh's ability to raise money. Robert Iger had taken a closer look at the man when he was in New York before: "Ryan Kavanaugh is very socially gifted. If you introduce a banker to Nicole Kidman and Penelope Cruz at a party, the two ladies will be bored and want to kill you an hour later. But if that person were Ryan Kavanaugh, they would fall in love with him. An hour later, everyone was signing the financing contract, and then singing songs and flying to the Italian island of Capri to celebrate, even though it was still in New York. ”
Ronan sighed: "Ryan Kavanaugh enters Hollywood, into our sights, what are we going to do?"
Robert Iger didn't answer, but he already had the answer in his heart - like a beautiful woman who walked into a men's prison.
Ronan added: "Ryan Kavanaugh is like a kid born in Beverly Hills, and the money comes a little too quickly. ”
Robert Iger bluntly said, "Finance is a double-edged sword. ”
"We're going to keep that line too. Ronan couldn't agree more, and then asked, "Is there anything new on Disney's side?"
Robert Iger said: "Roy Disney is well prepared and has been making a series of shots lately. Michael Eisner is arrogant and proud, and has to fight hard. Add to that the fact that we, as well as those of Wall Street's leading players, have taken a quiet stride, and his path has become narrower and narrower. ”
Ronan asked, "The Wall Street ones don't say anything else?"
Robert Iger replied: "Don't expect too much from them, they won't take the initiative until they see the opportunity actually present itself. ”
Ronan nodded slightly: "Now it depends on Michael Eisner's situation." ”
…………
Sacramento, the capital of California.
Michael Eisner hurried into a business club and met his old friend Mario Brady, who was also a famous investor, in the reception room.
The investor, known as "Super Mario" in California, is also the majority shareholder of Disney, holding more than 3% of the shares.
Roy Disney's activities have already attracted the attention of Michael Eisner, and the results of his previous contacts with many shareholders have not been good, and he is fully aware of his situation.
If he does not win the support of more people, he is not without the possibility of stepping down.
"Did you hear that Roy Disney is fanning the flames?" Michael Eisner gets straight to the point: "There's a good chance he's going to be going to press me out at the year-end shareholder meeting......"
Speaking of which, Michael Eisner glanced at Mario Brady, who was slowly sipping his coffee as if he hadn't heard.
Michael Eisner said: "Mario, you have been my strongest supporter ever since Disney raised and expanded its shares a decade ago, and I was a strong advocate for your investment. This time, I also need the support of you and your partners. ”
With his pride, to be able to say such things is enough to prove that the current situation is very unfavorable.
Mario Brady put down his coffee cup and said, "Mike, my investment at Disney is my biggest investment, and arguably the most successful. ”
Michael Eisner breathed a sigh of relief: "Your investment will get a bigger return in the future. He relaxed a lot: "Mario, this shareholders' meeting, please continue to support me." ”
Mario Brady's voice suddenly changed: "Mike, I have a suggestion for the shareholders' meeting at the end of the year. ”
"Speak. "Michael Eisner has hardly put on such a low posture in recent years.
"You resign voluntarily. Mario Brady's voice was not high, but unusually firm: "Voluntarily resign before the shareholders' meeting, and you can still exit with dignity." ”
Michael Eisner couldn't believe his ears: "What?"
Mario Brady said slowly: "We have been friends for many years, listen to my advice. You have credit to Disney, Disney can have today's market value, and no one can deny your credit. As long as you can resign voluntarily, I believe that the shareholders will not bite you, Roy Disney will also take the initiative to back down, and the lawsuit of the Delaware Court of Chancery will eventually be settled. ”
"You ......" Michael Eisner looked at Mario Brady, temporarily endured the excited words, and asked, "Why?"
Mario Brady said it for granted: "I just said that Disney is my biggest investment and I have to take responsibility for my investment. ”
Michael Eisner's anger rushed straight to his head, after so many years, who has done it directly with him except Roy Disney? But he is not an ordinary person after all, reminding: "Mario, don't forget, who gave you the opportunity to invest in Disney? Who made Disney from a small studio to the entertainment and media group it is today! Who doubled the value of your investment!"
"It's you. Mario Brady doesn't deny it: "It's all done with your leadership and decisions. ”
Michael Eisner curled his fingers and slammed the table: "You're not an exhortation now, but a betrayal!"
No one would like this accusation of betrayal, and Mario Brady was also a little excited, and unconsciously raised his voice: "Betrayal? Are you kidding, Michael? This is my investment, my shares! Indeed, you have a great credit to Disney, but that was before! Since the beginning of two thousand years, Disney's performance has been commendable? Except for the mainland, all Disney parks are losing money! The live-action film business you are striving to develop has the highest profit being a small investment film like "The Princess Diaries!"
From an investor's point of view, he can't bear the helmsman of Disney anymore: "Speaking of Disney's animation business, in addition to Pixar Studio's animated films, Disney also has works that can be handled? Your conflict with Steve Jobs has caused Pixar Studios to move away from Disney! There are also offline peripherals, Disney's proud revenue focus, which has been compared to a pink pig in recent years!"
Mario Brady seems to have had enough of Michael Eisner: "Speaking of brain drain, Robert Iger is such a great management player, you actually transferred him to Tokyo, resulting in being poached by Relativity Entertainment. Also, don't you feel ashamed of the Jareven Katzenberg you forced away, looking at the current DreamWorks Animation Studios?"
This series of accusations fell in his ears, and Michael Eisner's emotions gradually calmed down.
Mario Brady waved his arm vigorously: "The situation at Disney is already serious, and the interests of the shareholders cannot be guaranteed. Even without Roy Disney, there will be other people who join the shareholders to oust you. ”
If it were someone else, such a well-founded accusation might really lead to feelings of shame and the like, but who is Michael Eisner? How could he think that this is his responsibility? How could he take the initiative to bear this kind of black pot?
"Don't be fooled by Roy Disney's hypocrisy. Michael Eisner gradually calmed down: "Mario, if it wasn't for the Roy Disney split, how could Disney have gone wrong?"
Hearing this prevarication, Mario Brady's heart was even colder, the person in charge of a company didn't even dare to take responsibility, could there be any other hope?
"Resign. Mario Brady last exhortation: "It's good for all sides. ”
Michael Eisner laughed, what good did it do him to resign? Disney is completely out of control, and he becomes a lamb to the slaughter under Roy Disney's knife? Waiting for the Delaware Court of Chancery case to lose, and then losing the money?
Mario Brady looked at Michael Eisner's side, and from the perspective of investors and shareholders, he hoped that things would end relatively peacefully, and Disney would get back on track as soon as possible.
Michael Eisner said coldly: "I'm not going to quit. Mario, after the shareholder meeting, sitting in the chairmanship of Disney will still be me, Michael Eisner, not Roy Disney. ”
After saying this, Michael Eisner didn't wait for Mario Brady to respond, stood up and left the reception room directly.
Leaving the business club and getting into the car waiting outside, Michael Eisner felt a heavy pressure.
The situation was even more serious than he thought, and even the shareholders, led by Mario Brady, were on the opposite side of him.
He asked his assistant in the passenger seat, "What about the acquisition and financing?"
"We bought shares in the hands of several minority shareholders, but the funds were limited. The assistant quickly said: "Financing is difficult, since the Delaware Court of Chancery lawsuit came along, the financial institutions refused to talk to us......
Michael Eisner frowned, is he really going to be ousted by Roy Disney?
Looking back on his twenty years at Disney, Michael Eisner feels that he has made brilliant achievements, even great, how can he be ousted?
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