Chapter 183: Acquisition of Disney

At the moment, there are not one or two people eyeing Disney, and Li Zetian is only one of them, but he is the most powerful person!

On the third day, Dongfang Yuqin came to Li Zetian's study with a stack of materials. Pen × fun × Pavilion www. biquge。 info

"Mr. Li, Disney's information has been gathered. Dongfang Yuqin said.

Li Zetian nodded, took the information document and looked at it.

After the death of Walt Disney in 1966, the Disney Company was hit hard and fell into a low ebb. Within a few years, the animators who had worked with Walt Disney had reached retirement age, and for a while, Disney's animation talent was in short supply.

Animated films, which were supposed to be Disney's greatest achievements, were reduced to production with the death of Walt Disney, and only four animated films were produced in the 70s. With the reduction in the production of cartoons, Disney's profits mainly come from theme parks.

As a result, then-Disney executive Ron Miller (Walt Disney's son-in-law) shifted his focus to real estate investment and cut out the creative department!

However, after the Disney Company lost its creativity, its performance declined. On television, there were no new shows, and the charm and aura of the past were fading, and on the theme parks, the tourism industry was hit hard by the two oil crises of 1973 and 1979, which led to a huge impact on the tourism industry.

Walt Disney's own nephew, Roy Disney, couldn't stand it and thought that animation was the only way to solve the company's crisis, so he challenged Walt's son-in-law, Ron Miller, which led to a very serious factional dispute in the company!

After Li Zetian finished reading it, he was really embarrassed, Disney's situation was much more severe than he imagined, he originally thought that Disney could still be worth $3 billion, but now it seems that Disney is worth $2 billion at most.

"Mr. Li, other companies have now launched hostile takeovers of The Disney Company, where the acquirer is trying to sell off Disney's core assets, including the movie library and prime real estate around the theme park. The capital markets welcomed it, and Disney's board had to make a crucial decision: whether to sell Disney at a high price and watch the company fall apart, or find a new leadership. As far as I know, Roy Disney couldn't bear to see his uncle and father's estate fall apart, so he lobbied the Disney board of directors to choose the latter. Dongfang Yuqin paused and said, "According to my judgment, the Disney board of directors may be inclined to the latter!"

"Hmm. Li Zetian nodded, this is indeed the case.

"However," Dongfang Yuqin thought for a moment and continued, "unlike other companies, we are a bona fide acquisition and will not sell Disney's core assets. I think if we go and buy Disney, there's a good chance that the Disney board will accept our takeover!"

Li Zetian nodded again and said: "Before launching an acquisition offer to Disney, help me make an appointment with Roy Disney, as long as he agrees, this acquisition will be secure!"

"Yes, Mr. Li. ”

……

Two days later, at a fancy restaurant in Los Angeles.

Li Zetian officially met Roy Disney, who was in his fifties, wearing an off-white suit and smiling. He is now a director and advisor to the Board of Directors of The Disney Company and helms the Disney Animated Feature Films Division, where he is the de facto second-in-command and has played a key role in the revitalization of The Disney Company and Disney Animation.

Li Zetian was dressed very casually, wearing a gray Armani custom casual dress. Dongfang Yuqin wore a white shirt, a black hip-hugging short skirt, and a pair of gold-framed glasses that only played a decorative role, and sat next to Li Zetian.

"Mr. Disney, you must know the purpose of my appointment to meet you, so I will get straight to the point, I want to buy Disney, I hope to get your support!" Li Zetian said with a smile.

Roy Disney was silent for a moment and asked, "Mr. Li, I want to know what you plan to do with Disney after you buy it?"

"I will invest heavily in the animation production business to restore the glory of Disney animation! I will develop Disney into the world's largest film animation company, a top children's playground, and the world's largest entertainment and media company!"

After listening to Li Zetian's words, Roy Disney felt very satisfied, almost the same as his philosophy.

"Mr. Li, why did you buy Disney?" asked Roy Disney.

"Every kid loves Disney cartoons and toys, and in a few months, my daughter will be born, and Disney will be her best gift!" Li Zetian smiled, with a hint of tenderness in his tone.

When Roy Disney heard this, he was relieved, Chronos Li bought Disney for his daughter, so he would definitely invest heavily in cartoons and develop the Disney company......

"Mr. Li, first of all, congratulations on having a lovely daughter, and secondly, I have decided to fully support your acquisition of the Disney Company!" said Roy Disney with a laugh.

The Disney family does not own many shares, and the company is in fact controlled by capital forces, but because Roy Disney is a member of the Disney family, he has a lot of influence on the company's board of directors.

"Thank you for your support, Mr. Disney. Don't worry, with me, Disney will definitely develop into the largest film company in the United States!"

"I have never doubted your abilities! I think no one in the whole of America will doubt you, because you are a super genius and have achieved unimaginable achievements! Disney will definitely come out of the trough in your hands!"

"Thank you Disney for your praise! Let's have a toast!" Li Zetian raised his glass and said with a smile.

"Okay, cheers. ”

Roy Disney and Dongfang Yuqin also picked up their wine glasses, and then the three of them lightly touched the wine glasses and drank them all......

With Roy Disney's support, it was much easier for Li Zetian to buy Disney.

After several rounds of negotiations, Li Zetian finally acquired a 51% stake in Disney for $1.2 billion, obtaining an absolute controlling stake in the company. Immediately afterwards, Li Zetian merged Star Wars Film Company and Industrial Light & Magic Company into Disney Company and became a wholly-owned subsidiary of Disney Company. Finally, Li Zetian owns 72.5% of the shares of Disney!

As soon as the news came out, Hollywood couldn't help but be in an uproar!!

Star Wars Films is already eye-catching, but because it has no distribution ability, Hollywood movie giants are not worried, and they can even eat a piece of meat. However, Star Wars Films merged into Disney, and the profits from film distribution were occupied by Disney, and at the same time, Disney may have come out of the trough with the "Star Wars" series. The most important thing is that Disney has the support of Chronos Li, who has both financial resources and talent, which is the most worrying thing for the film company!

After Li Zetian became the owner of Disney, he first kicked CEO Ron Miller and began to look for new candidates.

At this time, Roy Disney suggested: "Mr. Li, I propose to hire Michael Eisner as the new executive officer of the company, in the 70s, he turned the almost dying ABC into a profit, revitalized it, and then he took the helm of Paramount Pictures, bringing the studio from the bottom of the big six Hollywood companies to the top, so to speak, he is a very good professional manager!!"

Michael Eisner, Li Zetian knows, after he took over Disney, vigorously developed cartoons, through a series of drastic reforms, including the crazy development of brand-driven product sales, upgrading Disneyland, opening a film and television department that produces non-G movies and other effective measures, within a few years Disney has become the industry leader, "The Lion King", "Beauty and the Beast", "The Wind in the Wind" Selling around the world, he also expanded Disney into television and publishing through step-by-step acquisitions, becoming a giant transmedia conglomerate.

Michael Eisner's ability is undoubted, but this man is too power-hungry, arbitrary, and unwilling to train a successor.

Li Zetian thought to himself, under his absolute control, no matter how strong Michael Eisner's desire for power is, it is useless, I can give him the right, but I can also deprive him of his rights! In addition, there are too many companies under his name, and they are usually managed in the form of sheep, and a person like Michael Eisner who is in charge is exactly what he needs......

After half a ring, Li Zetian nodded and said, "Well, you contact him to see if he is willing to come to Disney." However, I'm going to interview him myself!"

"Yes, Mr. Li. Roy Disney nodded, then went to contact Michael Eisner.

……

"Hello Michael Eisner, I'm Roy Disney, I wonder if you would like to come to Disney as CEO?" Roy Disney said, "If you want, come to Disney tomorrow morning to meet Mr. Li, you just need his approval!"

Michael Eisner was stunned for a moment, then thought for a while and said, "Hello, Mr. Disney, I have thought about it, I am willing to accept the role of CEO of Disney!"

"I hope you can pass Mr. Li's interview!"

"I will!!," Michael Eisner said confidently.

The next morning, Michael Eisner came to Disney and met with Li Zetian. Li Zetian was just worried about the butterfly effect, so he added an additional interview session.

"Michael Eisner, if you were the CEO of Disney, how would you develop Disney?"

"First of all, I'll bring cartoons back to ......life," Michael Eisner began, almost in line with the direction he had gone in his previous life.

Li Zetian immediately decided to appoint him.

"Congratulations, Michael Eisner, you're now the CEO of The Walt Disney Company!"

Disney is reborn from this moment!

PS: There is one more change in the evening, there are already 1518 monthly votes, come on vote, 1600 votes tomorrow.