Article 350 Consent
Michael. Lynn was stunned, but nodded quickly, with a wry smile on the corner of his mouth, this matter is not a secret, many old employees from the new line know about it.
At that time Michael.
Lynn wants Robert.
Shay was able to wait a little longer, because the new line, although far less profitable than the Firefly, was doing well.
Fireflies, on the other hand, have nothing but the copyrights of a few blockbuster movies, and are basically just an empty shell, so Firefly's thirst for a new line with perfect distribution channels far exceeds the demand for Fireflies for new lines, and if it can drag on for a year and a half, Fireflies will definitely be able to offer a higher price.
After the release of Teenage Mutant Ninja Turtles, Robert.
Shay also expressed his remorse to him at a party, if he had built it from him, once "Teenage Mutant Ninja Turtles" was successful, the value of the new line would have at least doubled, but it was too late to say anything.
"Eric, that's true,"
Michael.
Lynn nodded in acknowledgement, not making any excuses.
Eric didn't care about Michael.
Lynn's cold reaction and said with a smile: "Michael, I can probably guess the reason why you stopped Robert from selling the new line in the first place, but he didn't listen to you, do you know why?"
Michael.
Lynn looked up at Eric, waiting for the other to take the initiative.
"Because I told him that there is not much time left for us non-first-tier film companies, and if we can't seize the time to expand to a sufficient scale, we will eventually be swallowed up by the film giants. Last year, Columbia Pictures was acquired by the Sony consortium, and more recently, Universal Pictures' parent company, MCA, was about to be acquired by Japan's Panasonic consortium, and the merger of Warner Pictures and Times Communications to form Time Warner, all of which are proving that what I said last year was right. ”
"Eric, I don't quite understand. ”
Michael.
Lynn said suddenly.
"No, you'll understand,"
Eric said: "You should be able to see the purpose of my acquisition of the new line. My original plan was very clear about the division of labor for Firefly, and Robert was in charge of the company's operations. I was in charge of film distribution and expanded Firefly's distribution network to the world in the shortest possible time, and I was in charge of the production. From the beginning, my goal was to expand and expand as many people as possible, but Robert is now on the wrong track. ”
Michael.
Lynn lowered her head, unwilling to meet Eric's burning eyes, which did not have the childishness of a young man who had just turned twenty.
On the contrary, it carries a sense of oppression from the superiors.
I don't know when a scrap of paper fell on my knee, and it looked unusually conspicuous on the gray trousers, Michael.
Lynn raised his arm and patted it again, the confetti stubbornly clinging to the fabric, and he gave up.
"Michael, I know that you and Robert have always been very good friends, so I would like you to talk to him, and I am not in a position to come out in person. Because it would create a misunderstanding between me and Robert. But you're different, you've been working together for more than a decade, so he should be able to listen to you. As long as he can put all his energy into what he should have done, I can even transfer some more equity to him. ”
"It's useless, Eric,"
Michael.
Lynn finally raised his head and said seriously: "I have worked with Robert for so many years, so I know his character very well, and this matter is of no use to me, and the reason why Robert and I were able to become friends is because I have never posed any threat to his power." To put it bluntly, I don't have any say in him. ”
Eric put away the tissue sample box in front of him.
took out a copy of the text from the cabinet next to it and pushed it to Michael.
In front of Lynn: "Well, you can take a look at this first." ”
There is nothing on the cover.
Michael.
Lynn suppressed some of the expectations in her heart and turned the first page.
This is an equity transfer agreement with a quota of 2% and the effective date of the agreement is the end of the year, until then, the selling party can terminate the agreement at any time.
"Michael, I know you definitely won't have the cash to buy this 2% Firefly share, but I can help you borrow such a sum of money without any legal risk. You must have read Firefly's financial statements last year, as long as Firefly has maintained the current pace of development, you only need to pay off the loan with two years of dividends, and then you are one of Firefly's shareholders. ”
Michael.
Lynn pursed his lips a little dry, and squeezed the contract in his hand tightly with both hands, although this 2% stake does not seem to be much, but according to Firefly's current profitability, he can share close to 10 million dollars in dividends every year, which is several times higher than his annual salary, not to mention that the 2% stake itself is also worth a lot.
From Eric's words, he knew that the stake was completely equivalent to giving it away.
But there is no such thing as a free lunch, and taking this stake is tantamount to his complete betrayal of Robert.
Shay, turned to Eric's side, and, not only that, as can be seen from the additional clause of the agreement that came into force at the end of the year, if Robert.
If Shay insists on going his own way, Eric will kick the other party out of the Firefly at the end of the year, and what he has to do is to help Eric stabilize the situation of the Firefly at that time, and try to avoid Robert, who is dead.
The losses that come with Shay's lose-lose move are clearly not easy to do.
"Eric, this is not an easy thing to do,"
Michael.
Lynn was silent for a few minutes before speaking in an interfering tone.
"Well, okay then,"
Eric nodded, took out a copy of the prepared text from the Wen Jiàn cabinet and handed it over: "So, what about this time?"
When I opened it again, all the conditions were almost identical, but the transfer share became 3%.
Michael.
Lynn tugged at the corners of his mouth, wanting to laugh, but he felt that the muscles on his face were stiff and a little uncomfortable, and wanted to throw Wen Jiàn back on Eric's face with youthful spirit, but he was not a hairy boy, and he no longer had the vigor of the year.
"Eric, I'm ......"
"That's my bottom line, Michael, Jeffrey is only 3%. ”
Eric didn't throw out another price this time, because in his heart, Michael.
Lynn is only worth the price.
He was right to Michael.
Lynn did a detailed understanding, and the other party was Robert.
Shay's classmates at Columbia, who got his Ph.D., and almost did it with Robert.
Shay joined the industry and has more than a decade of experience in film distribution under Robert.
After Shay left, Michael.
Lynn is fully capable of replacing Robert.
Shay's location.
And compared to Robert, who has an excessive desire for power.
Shay, Michael.
Lynn doesn't have that much ambition, and a person with such a personality is suitable to stay in the position of Firefly CEO and assist Eric in developing Firefly.
The top management of the film company usually receives a certain percentage of the equity award, just like Eric at the beginning of the year when he converted Jeffrey's dividend into a 3% stake, since Michael was chosen.
Lynn, Eric is equivalent to taking out what the other party is going to get in the future and selling it in advance for a good price.
Michael.
Lynn didn't hesitate for long, reaching out to flick the eye-catching confetti off his pants vigorously before raising his head and smiling and asking, "Eric, aren't you afraid that I won't agree in the end, but tell Robert about it?"
"I rarely do things that I'm not sure of,"
Eric could tell, Michael.
Lynn had already made a decision that met his expectations, and said with a relaxed face: "Tell Robert about this, you won't get any benefits, I don't think Robert will give you 3% of the shares for nothing, and at that time, I can only risk the violent turmoil of the fireflies and drive the two of you away, do you think, can you still create a new line?"
Michael.
Lynn smiled wryly and shook her head: "I just think it's too ...... for Robert It's a little more brutal. ”
"The competition in Hollywood is inherently cruel, and if I hadn't survived the turmoil at the beginning of the year, then now, Fireflies have become vassals of the Big Seven. ”
Michael.
Lynn sighed, found a pen on the desk, and signed his name on the agreement, which Eric quickly handed over and signed, and Eric took the copy back.
"So, Michael, from now on, I hope you use the next half a year to take all the resources in Robert's hands into your own hands, I believe that Robert will not be too defensive against you, I don't want any business of Firefly to stagnate after Robert leaves. Of course, as for the old employees of the original new line, I think that with the promotion at the end of the year, as well as generous dividends, they will definitely not choose to leave with Robert. ”
"I understand,"
Michael.
Lynn nodded and picked up the agreement in front of him: "Eric, if there is nothing else, I'm going to get busy." ”
"Hmm,"
Eric nodded, looking at Michael.
Lynn left, finally greatly relieved, the matter was finally settled.
The reason why he is so cautious is not that Eric is unfounded, Miramax in his previous life is an example, because of Michael.
Eisner's conflict, the Weinstein brothers left Miramax, and directly led Miramax's business to a standstill, and after a few years of struggle, Disney had no choice but to close Miramax.
(To be continued)