Chapter 1176: The Hobbit
The liquidation of major shareholders is a big deal.
The 135 million shares are equivalent to 6.7% of Disney's total share capital, and it has a large number of voting rights. Because for a typical U.S. listed company like Disney, almost all shareholders are "retail investors", and their holdings are extremely low. 6.7% is the absolute majority shareholder, and the shares of the entire Disney family combined, less than 2%.
How can many shareholders who hold very low shares in shareholders' meetings reflect their own interests? That is, follow the major shareholders!
It is not difficult to hold 6.7% of the total share capital as a major shareholder and leverage 30%-40% of the voting rights.
So Michael Eisner has the support of the Bass family, and to a large extent, he can stabilize his position at Disney.
Now the majority shareholder is going to be liquidated, which is a fatal blow to Michael Eisner.
What if the person taking over the offer does not support his work?
Therefore, after receiving the notice from the Bass family, Michael Eisner immediately convened a board meeting, and he believed that Disney's partner investment bank Goldman Sachs should issue $2 billion in bonds to buy back this part of the stock.
This can not only show confidence in the company's future, but also form a strong support for the stock price, and it is also a good investment.
As a result, in the board of directors, there was opposition.
Disney's stock price has fallen for half a year, and the board of directors has long been very dissatisfied with him.
Some directors said: "Disney's balance sheet is no longer able to support $2 billion in debt." ”
One director said: "Disney is not a good investment direction because the environment in Hollywood has changed. ”
Another director said: "Disney currently lacks a reasonable strategic direction and is not worth investing in." ”
And the motives of Michael Eisner's proposal have been questioned.
I'm afraid this decision was not made out of Disney's interests, but on his personal interests!
The rejection of the proposal did not mean that Michael Eisner would back down, and he immediately came up with a new one.
……
The disappeared Don was finally discovered by reporters.
At the scene of the Champions League group stage between Liverpool and Real Betis, a live camera captured Donn wearing sunglasses appearing in the stands, accompanied by a young and beautiful girl.
British reporters were all in the field, cordoning off all corners of the Anfield stadium and finally blocking Donn 10 minutes before the end of the game.
"Donn, Donn, are you happy with Liverpool's performance in this game?" the car was blocked, and Donn reluctantly pulled down the window, and the reporters rushed up.
"It's always a joy to win, no matter what. ”
"I heard that you are very unhappy with coach Benitez's conservative style of play and are interested in changing the manager halfway, is this true?"
"Nonsense. ”
"Who's that pretty lady in the car? Is she your girlfriend?"
Don's face darkened, "An ordinary female friend, your question is very rude!"
Immediately, a new reporter handed over the microphone and asked eagerly, "I heard that you refused to shoot the "Hobbit" trilogy series, is this true?"
Don was interested in this topic, so he lowered the window a little more: "It's true." ”
"The Lord of the Rings" is a British literary treasure, and when the reporters heard this, they were very disappointed and scrambled to ask: "Why? Don't you know that movie fans all over the world are looking forward to seeing the next "Lord of the Rings" trilogy?"
Tang En said lightly: "Maybe you don't know much, the production rights of "The Hobbit" are in the hands of Warners, and the distribution rights are ours. It stands to reason that the two sides negotiate normally in a sincere manner, and there will definitely be no problem in giving back the best movies to fans. But Warner's attitude was very unfriendly, even somewhat domineering, and they had no sincerity in negotiating at all, but resorted to a threatening approach. ”
"But Warners has made it clear that they are full of sincerity in their cooperation with The Hobbit, and they are even willing to share all the rights with New Universal, but this has met with your refusal. ”
"Lie! they are liars!" Don did not blush, and his heart did not beat, and he categorically denied this statement, with a righteous face, "We have never obtained such negotiation conditions. They keep suggesting to us that if we don't cooperate, they will retaliate by some unconventional means! As you have seen, they have set up a hierarchical power alliance to monopolize, and they control the MPAA!"
This kind of bullshit, journalists are not interested, they pay more attention to "The Hobbit".
"So fans will never see 'The Hobbit'?"
"No, I think we'll see it soon. ”
The reporters were a little surprised, "You're going to restart negotiations with Warners?" but I've heard that Hollywood is ...... It's messy. ”
Tang En said: "Of course it's not with Warner. As you may have heard before, a few years ago we bought the TV rights to The Hobbit and Lord of the Rings fanfic merchandise from the Tolkien Legacy. If we can't make a movie, we can still make a TV series!"
"Shoot a TV series, God! Donn, are you telling the truth?"
"Of course! New Universal has always been about movie fans. The needs of the audience are our goal. Since everyone wants to see the "Hobbit" trilogy, how can we back down? Warner is unkind, so let's do it ourselves! The initial goal is to shoot three seasons of "The Hobbit", and the investment is expected to be ...... $500 million!"
"$500 million ......"
All the reporters were a little dizzy.
Lose your marbles!
It costs $500 million to make a TV series?
This kind of thing, the whole world is probably what Don can do.
Isn't he bullied and stupid by Hollywood's Big Five alliance and fallen into madness?
You must know that a few years ago, Peter Jackson filmed the world-shaking "Lord of the Rings" trilogy, and it only cost $250 million.
"This ...... This is a Starz TV series, right?" The British reporters had forgotten their mission and looked at Don like star-chasing fans.
Don smiled and said, "It may or may not be." All in all, will definitely shoot!"
In the end, it's no longer an interview, it's a chat.
The reporters felt that Don was approachable, and it was definitely a fun experience to be able to chat with such a big man in this way.
In the end, they even expressed their support for New Global.
Hollywood's Big Five alliance is so hateful that they break the rules of the market and should be punished severely.
When the game was over and the fans left the stadium one after another, Tang Encai finally left the encirclement of this group of reporters, if it weren't for the driver's good driving skills, I am afraid it would be difficult to break through.
"Do you really want to spend $500 million on a TV series?" said Blake Lively, the beautiful woman in the car, who said in disbelief.
She was born between performances, and her dad was a film director. They are often struggling to invest millions of dollars.
The result is good, it costs $500 million to shoot a TV series on Don's side, and the gap is too big!
Tang En took her hand and smiled, "Of course!"
"Can you earn it back?"
"Maybe, maybe not. ”
"Huh?"
Blake Lively said he couldn't understand.
If you can't make a profit, what else can you shoot? You can't really please fans for feelings, right? This kind of statement can deceive the ignorant public outside, but it can't deceive her.
Tang En said: "Compared with movies, TV series have one of the biggest advantages, that is, they are long enough. The duration of a movie is three and a half hours, and the "Lord of the Rings" trilogy is 10 hours. Even for the extended version of the DVD, it is only about 12 hours. But what about TV dramas? There are 10 hours in a season! Maybe the plot quality is not as compact and excellent as the movie, but the advantage is that it is full, it can show more plot content, and it can better satisfy the appetite of fans. ”
"But it's not profitable! Even if it's a Starz station, even if it has good disc sales, it may not be able to make such a high investment, right?"
"Don't sell discs. ”
Blake Lively didn't believe it at all, "If you don't sell discs, it's even more impossible to make a profit!"
Don looked at her and smiled, "You know a lot. Do you know streaming then?"
"Streaming?" Blake Lively blinked, "You mean web video, like YouTube?"
"Uh......" Donn nodded, "almost." Starz is filming the "Warcraft" series, and it is impossible to get "The Hobbit" at this time, isn't this a fight? When Netflix launches its streaming business, it might as well let the "Hobbit" series of TV series be the pioneer, and you can also shoot some prequels and sequels, which will definitely be a big hit. ”
Blake Lively nodded suddenly, "Exchange quality for flow!"
Don laughed heartily and reached out to hold her in his arms, "Pretty smart!"
Blake Lively blushed, his chin lifted slightly, and a smile tugged at the corner of his mouth.
Don leaned over and kissed her on the red lips, and whispered, "How are you doing with them?"
Blake Lively said with a hot face, "It's okay." ”
Tang En said: "I can say okay, only if they all agree, you can follow me." ”
"Why?" said Blake Lively, pouting, "aren't they all your women?"
Tang En shook his head and said, "That's not good, I want to implement a democratic system in my family." If you see a good one, you will take it all in, and there will be no mess in this house? There must be a set of censorship system. ”
Blake Lively bowed his head and said with a slightly red face, "I get along well with them, especially Gail, we ...... We're good friends who talk about everything. ”
Tang En knew the inside story and couldn't help but smile, "Well, behave well." If you pass the test, you will be the fourth girlfriend when you enter the door, and a pair with Gail, it will be enough to compete with the combination of Natalie and Scarlett. ”
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