Chapter 502: The Opening Ceremony of the Great Drama
For Donn, the amazing box office of "Spider-Man 2" is just an appetizer this summer, and the real meal is Vivendi!
After so many years of planning, it is finally time to close the net.
Universal Pictures, Universal Music and other related entertainment assets, Don must get his hands on it!
This time he came to France for real business negotiations, and even the great director Luc Besson wanted to make an appointment with Done to talk about the cooperation between Europa Pictures and Done Films, but he refused.
In addition to Donn himself, Bill McNick, president of Down Pictures, Wester Cotton, vice president, Toska Musk, vice president, and Brandi Norris, chief financial officer, and other senior executives of Don Films came out en masse.
Michael Ovitz's Big Buddha also arrived.
It can be described as a rejuvenation!
The news of Don Pictures' desire to acquire Universal Pictures has long been known to Vivendi's board of directors.
Within Vivendi today, there are two distinct factions: the French faction and the American faction.
The French faction is still firmly backing the chairman and chief executive, Jean Messier, who believes he can lead Vivendi to a reversal, while the American faction is simple and straightforward, they want to lay off Messier and then change their strategy and divest the entertainment industry from its liabilities to save Vivendi from bankruptcy.
Don and his entourage stayed for two days at the Coussen Golf Club in Paris, where they met with several important directors of Vivendi.
Chief among them is Jean Paul, a financier with great political and business influence in France.
Paul is a Frenchman, but a staunch American faction that has been pushing to get rid of Messier.
In May, he united with the Brown family in an attempt to subvert Messier's power. However, because of the strong maintenance of Arnold and other French factions, it ended in failure.
Jean Paul showed great enthusiasm for Donne and his party, and even invited Don to his house for a French dinner.
After a few days of contact, Don had a clear understanding of Vivendi's internal situation, "The current Vivendi is treacherous!"
In the guest room, he and his assistants were spying.
And Don's words are obviously meaningful, and there is also a bit of cynicism.
Bill McNick shook his head, "But the board, there's still more power to support Messier." Messier is a hurdle, he is the biggest obstacle to our acquisition of Universal. ”
West-Cotton chimed in, "Yes, as long as he's still in power, it's impossible to sell us the entertainment assets in question! ”
Tosca Musk said lightly: "If it were me, I would also support Messier to continue to be in power." When he came to power in '94, Vivendi was just a French water company, a small company. But now, Vivendi is a world-class media giant!"
Tang En pursed his lips disapprenously, "This time, that time!"
At that time, 38-year-old Jean Messier was appointed CEO of the water company, and then he led the "old" sunset industrial company to quickly complete the great transformation -
Entered the mobile communication business with Vodafone Group in a joint venture, entered the telecommunications operation industry, acquired CanalPlus TV Network, Universal Pictures, Universal Music, and entered the television network, film, and music industries, acquired Horton Mifflin Company and its related industries, and entered the publishing and game industries, and established an online e-commerce website with Sony. Entering the Internet industry by selling audio and video products on the Internet and related websites, the acquisition of the USA Television Network continued to expand the layout of the cable television network, and the acquisition of Echostar Company entered the satellite television operation business......
In just seven or eight years, Messier led Vivendi's rapid transformation, with a market value of nearly $100 billion, making it the world's second largest media empire after Time Warner.
This is a really good result!
However, successive large-scale acquisitions, many of which are leveraged buyouts with debt, are too risky!
French shareholders can unswervingly support him to expand his territory because of national sentiment, but American shareholders ...... I don't want to take any more risks.
Of course, this also has to do with Jean Messier's ignorance of pleasing American investors.
Either way, Vivendi's current complex environment is extremely beneficial to Donn.
Michael Ovitz is an agent who has an extremely keen grip on people's hearts and has a grim smile, "Don't worry, something is going to happen." ”
"Oh?"
Everyone's eyes lit up.
Michael Ovitz said with a smile: "Most of these people we have met in the past few days are Messier's supporters, but haven't you noticed? Their will has also begun to waver, Vivendi's excessive debt, and even need to sell some assets to pay off the debt interest, which has made the French feel the crisis." ”
Donn was interested, "Tell me about it?"
Michael Ovitz said: "Now, the most crucial person is Arnoldt, the vice chairman of the board of directors, who is the chairman of BNP Paribas and is the source of Vivendi's funding. If this person can't hold on, then the entire French faction will collapse in an instant. Investors in the United States are clearly actively communicating with him. None of that matters, though. ”
"So what's important?"
"Real money!"
The corners of Michael Ovitz's mouth hooked, his eyes were slightly cold, and he snorted, "They all know the financial situation of Don Pictures, and we can easily come up with more than $10 billion in cash! Although I don't communicate much with the French, the commonality of capitalists will not change." Now, all we need to do is make an attractive offer, which will surely exacerbate Vivendi's internal contradictions and give American shareholders more say and rationale. ”
Tang En pondered for a long time, and bowed his head repeatedly, "That's it...... Doable!"
Bill McNick interjected, "We know more about Universal's finances, we can give Universal Pictures an offer first, and give it a try!"
The offer for acquisition is based on the financial situation of the other company.
Universal Music and Blizzard Games will wait until after Messier steps down and Don Pictures officially starts acquisition negotiations with Vivendi before launching investigations and offers.
Now, start with Universal Pictures!
……
On June 24, Towne Pictures made an offer to Vivendi for $5.8 billion to acquire all of Universal Pictures' assets!
On June 25, the board of directors and senior management, represented by Jean Messier, quickly responded: refuse!
On June 27, Arnoldt, chairman of BNP Paribas, vice chairman and director of Vivendi, and Messier's biggest supporter, announced his resignation and resignation from Vivendi's board of directors!
On June 28th, Hollywood's public opinion media was boiling again!
Don Pictures' offer to Universal Pictures is business news and is not taken seriously in the entertainment section.
In the entertainment section, the most important ones are stars, directors, and big movies!
And on this day, a big news did break out.
After "Titanic", "Star Wars Prequel 1: The Ghost Man Menace", "Spider-Man", and "Unsinkable", the fifth film in history to exceed $1 billion at the global box office was born.
This film has not been able to leave a person's name.
That's right, it's Donn Walker again!
"Spider-Man 2", which he supervised, was released for 8 weeks, with a North American box office of 510 million, an overseas box office of 490 million, and the global total box office successfully exceeded the $1 billion mark!
Of these five $1 billion box office films, 3 were directed by Don En himself, and 2 were produced by Don En.
For a while, the name "Done Walker" became almost synonymous with the box office!
With Donn's help, Ridley Scott's name as a low-key British director also officially became famous and became the focus of publicity in the film and entertainment industry in various countries.
Especially in the British film industry, Ridley Scott has simply become their pride in Hollywood!
On this day, Donn was once again on the cover of Time magazine, dressed in casual clothes, wearing a pair of navy blue jeans, and even with a pair of black-rimmed glasses, he could not hide his youthful face.
Next to it, there is a line of eye-catching and bold headlines - "The Godfather of Commercial Films"!
Such an honor is already the icing on the cake for Don.
The focus of his attention now is all in France, only Vivendi!
The big play, begin!
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