Chapter 1193: Concessions

Everything was unexpected, and Michael Eisner couldn't sit still.

In the face of internal and external troubles, he could only be this up-and-coming bird, and contacted Steve Burke, Barry Meyer, Tom Rothman, and Brad Gray to ask for a secret meeting.

With this step, everyone was naturally happy to see it, except for Barry Meyer, who chirped and pretended, everyone else agreed.

Every year, Disney arranges a "retreat" at Disney World, where the board of directors and some of Disney's founding leaders hold a series of strategic consultations.

Due to the recent change of major shareholders of Disney, this year's "recuperation event" was held as scheduled, and more than a dozen directors attended, including shareholder representatives and retired cadres such as Roy Disney.

At the meeting, Michael Eisner's posture was very low, and he vowed to promise that Disney could get through the difficulties as soon as possible, and would put down his personal face and take the lead in solving the current Hollywood mess, return to stability, and make money peacefully.

Scott Swift was happy to see this situation come to fruition, and immediately stated that he would find a way to solve the problem of "American Idol" and strive to keep the next season of "American Idol" on ABC.

In short, after a meeting, the contradictions within Disney were temporarily controlled.

Next, as long as the external problems are solved, Michael Eisner can successfully pass the level.

After the meeting, Michael Eisner specifically found Scott Swift and said straight to the point: "I know, you represent Donne!"

Scott Swift smiled, "What does that mean? I don't understand. ”

Michael Eisner snorted, "You can't fool me, this is Donn's handiwork, I already see it." ”

Scott Swift said lightly: "Although I don't know much about the entertainment industry, I also know that in the past few years, Don has helped you a lot, right? If it weren't for him, you might have stepped down a long time ago!"

Michael Eisner, of course, understood this, so he sighed, a little distressed, "yes, how could I not know." In the past few years, New Universal has helped Disney a lot, and I see this in my eyes. At the same time, New Universal is also encroaching on Disney's territory bit by bit. Even the brand of 'Disney Princess' was robbed by him!"

"Disney Princess" is Disney's fundamental trump card.

The property value is higher than that of Harry Potter, Star Wars, and Marvel DC. It's just that Disney has been using it to a limited extent, and it prohibits licensing of many "low-end" products.

Over the past few years, Donn has helped Disney a lot, certainly not for free. For example, Disney's animated adaptation of a live-action film has stolen half of the copyright through Rose Pictures.

What's more, in order to promote the greater development of "Victoria's Secret", Don even got the authorization of "Disney Princess". In other words, in the future Victoria's Secret show, you can borrow the image of the princesses, instead of blindly repeating the angel catwalk with big wings. This will greatly increase the brand effect of Victoria's Secret.

But it is a great damage to the image of Disney princesses.

Disney has always been cautious about the use of Disney princesses' brands to prevent over-commercialization and maintain certain high-end attributes.

But Don doesn't care about this, if he gets the authorization, he will definitely use it to death!

In this Big Five alliance incident, Michael Eisner just wanted to take back this part of the "Disney Princess" authorization that was given to New Universal, but he was killed by Donn.

"What can this be? The purpose of the commercial market is to make money, and the purpose of public companies is to make profits. Michael, to put it mildly, you're just a manager hired by Disney, you're not the owner of Disney. As long as the stock price goes up and the shareholders are satisfied, you will be very popular. As for what the future holds...... What do you have to do with it? You're not Disney!"

Scott Swift's cold remarks made Michael Eisner's heart cold.

This is an investor from Wall Street, what a mercenary wolf!

All I want is to pull up the stock price, and I don't have a long-term plan at all!

Just like Paramount, after being put in charge by Philip Dorman, the president of Viacom, who was born on Wall Street, he adopted a series of profit strategies to kill chickens and eggs.

It is conceivable that in a few years, Paramount will sit at the bottom of the six giants, and it is not surprising that even its performance has been surpassed by Lionsgate, becoming a titan in name only.

Professional managers pay attention to the current stock price.

The higher the share price, the higher the option compensation.

Although Michael Eisner is in his sixties, he has never thought about retirement, he still has ambitions, and he really doesn't want to talk nonsense with a money-eyed capitalist like Scott Swift, and said bluntly: "I admit it this time, and I will end this farce as much as possible." However, the shareholders' meeting must not be held!"

For listed companies, the general meeting of shareholders is held once a year. If it is held two or three times a year...... That means the company is in big trouble and the board of directors has lost control of the company. In many cases, the chairman of the board of directors is motivated to resign.

Scott Swift smiled, "I'll wait for your results." ”

Michael Eisner said, "If I say yes, I will do it." No one knows Hollywood better than I do, I know their state of mind at the moment, and no one wants to make trouble anymore. ”

Scott Swift shrugged, "That's for the best." Cooperation is mutually beneficial, and it can't be cheaper than Silicon Valley, right?"

Michael Eisner laughed at it.

When the other party said this, it was tantamount to admitting that he was completely under Tang's orders!

"But......" Michael Eisner paused, "I have one condition!"

"Oh?"

"You have to give up your shares in Disney! Keep up to 30 million shares!"

That's Michael Eisner's bottom line.

He couldn't possibly have Disney's majority shareholder be Donn's principal. Doesn't that mean that Don can influence Disney's decision-making at any time?

Scott Swift shook his head and smiled.

Michael Eisner gritted his teeth and insisted, "You have to do it! or I'll make it public!"

Scott Swift said funny, "Michael, you're in too much of a hurry." I'm not disagreeing with the reduction, I mean...... Actually, I don't want to own a single share of Disney stock. I manage a high-tech Internet venture capital fund, which is not next to an entertainment company. ”

Michael Eisner breathed a sigh of relief, this is the best!

This farce was born, everyone broke up in two, and the well water did not interfere with the river water.

This hidden danger major shareholder hangs over his head, which really keeps people awake at night.

"I have one request, though. ”

Say. ”

Scott Swift said: "This investment in Disney, I spent a lot of money, borrowing a $1 billion loan with a monthly interest rate of 5%. That's a lot of interest. ”

Michael Eisner's face changed suddenly.

Short-term debt with a monthly interest rate of 5%?

This is a big deal! This is to enter Disney, and make a bloody investment!

"When this farce is over and "American Idol" is stabilized, Disney's bearish sentiment will disappear, and the stock price will have a big boost in the short term. Within half a year, I will arrange to buy your shares, and you will make a profit. Michael Eisner shook his head, a little depressed, a little helpless.

It is easy to please God, but it is difficult to send God.

This is to spend money to ask him to quit, to have more fires!

Scott Swift was very dissatisfied, and stretched out two fingers, "You have also checked the return rate of the Swift Fund." Disney is a good business, and the rate of return can't be too low...... Forget it, sell you face, I won't open my mouth, and the return will be 20% for half a year, no problem, right?"

Michael Eisner is really capable of living and dying!

20% half-year return?

Isn't that a lion's mouth?

On Wall Street, a fund with an annual return of 12%-14% is already considered a high-quality fund.

"What's the problem?" said Scott Swift, with a smirk.

Michael Eisner took a deep breath: "Yes! No problem! Within half a year, I will arrange to take over all the Disney shares in your hands at a premium of 20%!"

Scott Swift hurriedly said: "Don't forget, there is interest!"

Michael Eisner said angrily: "Don't take me for a fool! Even if the 5% monthly interest rate is true, the borrower must be Don Capital! He is the richest man in the world, and he still plays this kind of trick, is it interesting?"

Scott Swift burst out laughing, clapping his hands and saying, "I think so too." That's okay, that's the matter of interest, let him suffer a loss. However, the Swift Fund's 20% after-tax rate of return is not a penny. ”

This time it's after the tax again?

Michael Eisner's face turned pale, and he stood up angrily, "That's it!"

……

Don ended the call with Scott Swift, a satisfied smile on his lips.

It seems that everything is going according to plan.

Netflix is a crucial part of New Universal's film and television entertainment strategy, especially Netflix's streaming business.

The streaming media business is so fierce that once it appears, it will destroy the videotape and DVD markets, and will seriously encroach on the TV station market.

The gun shoots the first bird.

If Donn is desperate to launch Netflix and then deal a fatal blow to Hollywood's sales industry, then the Big Five alliance is really desperate.

This is not the same as launching a platter investment business.

Platter investment is a help that can make life better for Hollywood colleagues.

The streaming media business is different, this is stealing someone else's job and making your own money!

Although Don is bold and reckless, he is very cautious in this matter.

In the previous life, Netflix was careful and careful, and only launched the streaming service after the streaming business was hot for many years. Rao is like this, and he was once squeezed by Hollywood and almost went bankrupt, if it weren't for the original drama to save his life, Netflix might have fallen.

Don't dare to be the first in the world, so as to be the longest.

Especially after the menacing of the Big Five Alliance, Don was much more cautious.

In the streaming business, he's not going to be the first to eat crabs.

Taking advantage of this negotiation opportunity, you can "give profits" to your Hollywood colleagues!

That's right, let's make profits!