Chapter 499: Pixar Goes to Stay
Mark recalls his relationship with Scarlett, at first they were a cooperative relationship, mutual appreciation, even if there was a "hangover night", it was only friendship, but during Mark's plot by Martin, Mark was scared, and at this time Scarlett appeared by his side and gave him great comfort, and in the precarious situation, their relationship grew by leaps and bounds, becoming emotionally dependent and supportive.
Scarlett knows that Mark is getting married, but is obsessed with his talent and ability, and is unable to extricate herself, and now she has the crystallization of love.
If there are many people who are indebted, there will be no indebtedness.
With the expansion of power and the increase of wealth, Mark's mentality has gradually changed, no matter how successful or unsuccessful he is, he can't eat more than three meals a day and sleep no more than three feet, in order to distinguish success, he decided to eat the best food and sleep the hottest woman.
He has always had a psychological barrier to this before, and now he is at ease with all this, as a successful person, this is the standard, otherwise why is it so hard?
In order to maintain the luxurious life of scenery, it is worth working harder.
Mark and the others stayed in Switzerland and accompanied Scarlett for three days before returning to the United States, a private hospital with the nature of a resort, combining the functions of a hotel and a hospital, where you can receive five-star treatment, and Scarlett will stay here until her body recovers before returning to the United States.
As a reward, Mark bought her a villa on the shores of Lake Sunshine and gave it to her, so that they could have a place to stay in Europe for their vacation.
Marc didn't come to Switzerland entirely because of his children, but they also worked with the Bertelsmann Group, which has been doing a good job in promoting the promotion of the group in Europe, and they wanted to deepen the relationship.
At the same time, they also promote their shares to several securities companies in Europe, which has always been the responsibility of Iger, but Mark and the other big four will attend the promotion meeting.
MM's shares are naturally not worried about selling, but the four giants have no intention of selling the original shares, they issue seven billion non-voting class B shares, which requires some words to sell, but in view of MM's good financial situation, there are no non-performing assets, and there are no debts, their stocks are very popular, after this financing, their scale will be expanded to 45 billion, cash reserves are the first in Hollywood, compared with the other five giants, burdened with up to 40% of the debt.
Wall Street's Bloomberg claims that MM will enter the next phase of expansion, because it would be very unwise to keep so much cash in hand.
After Mark and others returned to the United States, they also completed the negotiations of Williams Construction Group, which will be wholly owned by Williams Center for 1.2 billion US dollars, and after the New Year, Williams Center will be renamed MM Commercial Center, as the headquarters of MM Group, and its major companies will move some departments in.
MM officially took root in Burbank, far away from Warner Bros.'s studio, after MM settled in the capital, ended the rumors that he was going to move away, and he also ended the era of living on rental, and now compared to the other five, it is not inferior at all, in terms of vigor and money, more dynamic, is recognized as a rising star, last year's box office champion, this year's internal champion, enough to show their strength.
This is a group of young and energetic teams, just as strong as Viacom and News Corp. when they rose, and there was no doubt in the industry that they would create the fifth largest media group in North America.
The reason why they rushed back in Beimi was because they heard a hint of wind from Larry that the health of the Joe gang leader was in trouble and he didn't have the energy to control both Pixar and Pingguo at the same time.
Pixar is a masterpiece that proved his ability at a low point in his life, and Pingguo is the stage for him to realize his dreams and ambitions, and Joe Gang chose Pingguo.
MM is naturally Pixar's first choice, but if the offer is not suitable, the ranking will fluctuate, and in Hollywood, there are many people who are interested in Pixar, such as Disney.
Prior to this, Disney and Pixar had been working together for more than a decade, and they were based on a five-to-five partnership based on investment and profits, with Pixar being responsible for production and Disney being responsible for distribution. Because at the beginning of the cooperation, Disney's position was stronger, so the details of the cooperation method were more beneficial to Disney, for example, Pixar still had to pay the distribution fee to Disney, and Disney owned the copyright and sequel rights of the story, which caused Pixar to be subject to Disney's decision in many ways, which laid the groundwork for later conflicts.
At the end of the partnership, Disney's own animation creation was already very weak, and instead Pixar became the most profitable company in Hollywood, with the power to speak to each other, and when it came time to reopen new cooperation negotiations, Joe Gang Leader and Disney CEO Michael had a fierce conflict. Pixar hopes to establish a simple distribution agency relationship with Disney, so that the investment and profits will be borne by Pixar independently. In other words, Pixar has stiffened wings and wants more control. If Disney disagrees, then Pixar will choose a different publishing company.
However, a series of changes took place later, Michael forcefully purged the opposition, and Pixar left MM.
Michael, who has been firmly seated, found that the core business of the Disney Group is still the production of animated films, and from Disney's point of view, it needs Pixar more than Pixar needs Disney. Because the current leaders of Hollywood animation are Pixar and DreamWorks, Disney is long gone, and it desperately needs content, and this desire is so strong that Disney feels that if it can't reach a new way of cooperation with Pixar that is more favorable than the old agreement, then why not buy it out?
Joe's gang leader and Michael are incompatible, others are not like this, Pixar has many high-level high-level Disney or deep feelings for Disney, and ten years of cooperation, Disney almost owns the copyright of all Pixar's cartoons and sequels, and when Joe's gang leader did not reveal his intention to sell, Disney has proposed an offer of six billion dollars to buy Pixar.
From the point of view of Joe's gang and Pixar's shareholders, this price is very affordable, and almost everyone thinks that Disney is too high, and it is very sincere? The share exchange agreement makes Jobs, who owns more than 50% of Pixar's shares, one of the four major shareholders of Disney, second only to Michael, Disney veteran, and Joey Disney's nephew Ron Disney, and takes a seat on the board of directors of Disney. At the same time, John Sellat and other pro-Pixar executives and creative cores have been given a good place in the new Disney Pixar animation production structure. And in order to ensure the independence of Pixar's corporate culture, Disney did not exert unnecessary influence on its animation production methods and human resources, so Pixar is basically the original Pixar.
In addition, for Joe, becoming the majority shareholder of Disney will also help him play a greater role in the field of media and entertainment, Disney is a comprehensive media empire with countless business branches, and the influence of Joe Gang Leader will only expand, not shrink. Gaining control of entertainment content production is undoubtedly a positive significance for Pingguo that cannot be underestimated.
Hollywood has developed an almost unshakable super-stable structure of monopolies by six multinational media conglomerates, which not only have a vertical monopoly on all aspects of film production (which is already more than the pre-'50s studios), but also across all other media divisions.
No matter how ambitious independent studios are, such as Carlock and Orion in the '80s, DreamWorks and Miramax in the '90s, or the new line that rose to prominence with "The Lord of the Rings," they can only take turns for three or five years, and none of these companies want to become integrated entertainment groups, but none of them can do it, and neither can Pixar.
As a single production company, Pixar's excellence has reached its limit, and in order to develop further, it must be integrated vertically and horizontally with other links, and this cannot be automatically grown from the existing Pixar, so merging into a group of companies is the best shortcut.
When MM had an unpleasant quarrel with Pixar because of "Ratatouille", Disney took action, and the lobbyist sent by Michael was actually his nemesis Joey, this guy has been against Michael for more than ten years, because of the common enemy, he has a good relationship with Joe's gang leader.
Michael can convince this god because Michael was seriously ill in the middle of the year, and after living for a few months, he made a retirement plan for himself, and he claimed to retire as soon as Disney established its own first-class animation department, which has been guaranteed by the board of directors, and this guy proposed Joey, who has been a rival for more than a dozen years, to be the vice president, and the meaning of the peaceful ending is very obvious.
Joey recognized Michael's approach, so he came to lobby Joe's gangmaster, Joe's gang leader and Michael are extremely inconsistent, but what is this grudge in front of billions of big business?
At the right time, Joe's gang leader has the intention of letting go, which is a match made in heaven, but after Mark got the news, he immediately made an offer, 3.5 billion US dollars to buy half of Pixar's shares, and the rest will be swapped with MM at market price, which means that they will dilute nearly 10% of the equity, and Pixar has also become the fourth largest shareholder of MM after having 3 billion cash, and other conditions are the same as Disney's.
For Disney and MM, they are both suitable buyers, and the conditions for opening are good, Disney and Pixar have cooperated for more than ten years, and Dituni has a copy of the copyright of Pixar's electric pictures, and the two sides are deeply entangled.
And MM is a world friend, he has been friends with the Ellison family for more than 20 years, watching David and Meghan grow up, just like his own sons and nephews, if he leaves them, he is afraid that he will end up in the opposite direction.
Iger and Mark reacted very well, and almost before receiving the news, David and Megan (Ellison) moved into Joe's mansion.