Chapter 676: Things to Come
Chapter 675
The material accusing Michael Ovitz hit the headlines of almost all the first-tier media the next day, and as an agency industry tycoon who founded CAA and dramatically pushed up the production costs of Hollywood as a whole with its packaging mechanism, Michael Ovitz was accused of Michael Ovitz' The controversy caused by the 'incompetent' material can be imagined, and it is difficult for the outside world to understand what is really going on in Hollywood, and they can only know through the media, and the internal contradictions that Universal has been trying to cover up have finally exploded, and the rumors that Michael Eisner has repeatedly denied the conflict with Michael Owitz in news interviews have also been confirmed.
Although most people can only see the surface of the incident, on the night of the incident, Eric was given a detailed ins and outs of the whole thing.
Michael Eisner is desperate to use the deal to kick Michael Ovitz out of Universal in order to consolidate his power. In order to reduce the cost of firing Michael Owitz, Michael Eisner came up with the idea of letting Panasonic bear the cost of Michael Owitz's departure, and he also compiled such a document for this purpose.
As Sony's sworn enemy in the electronics industry, Panasonic did not have the 'consciousness' of being a big boss like Sony, so he casually revealed the materials that Michael Eisner sorted out to try to join the negotiation terms to the media, although Panasonic did not make any public comments on that information, but through this move, the attitude expressed is also very simple, this is your Hollywood internal contradiction, do not want Panasonic to pay.
Panasonic put on a look that the uncle was about to leave, where could he manage so many singles, but he made Hollywood a mess.
Although the information accusing Michael Owitz was full of Michael Eisner's personal bias, the content was not fictional, so after confirming the authenticity of the information, Sony immediately dismissed the idea of putting Michael Owitz in charge of Colombia. As Michael Ovitz immediately thought of when he saw the information, the mere fact that he had spent $2 million around the world to renovate his office made Sony, who had just experienced the pain of Peter Cooper's profligacy, break off his mind about inviting him.
For Universal, the irreconcilable contradictions between the two helmsmen have been torn apart, directly causing Panasonic and Seagram to run aground in the transaction negotiations that are almost the last step, and both sides are well aware. If this matter is not resolved, it will be difficult to conclude the final deal.
was splashed with 'dirty water' by Michael Eisner, Michael Ovitz knew that it would be difficult to find a home again, and the hope of returning to the agent industry was even slimmer, so as he roared to Michael Eisner on the phone, Michael Ovitz began to commute to and from work around the world on time every day, as if he really planned to 'tie' himself to the desk, but there was no direct communication between him and Michael Eisner.
With that golden parachute protocol protection, Michael Ovitz is like a hedgehog around the world. There is nowhere to 'put your mouth'.
Although he regretted that he was too eager to throw out that information, Michael Eisner could not admit that he was at fault, because in Western society, admitting mistakes means taking responsibility, and the only way for the helm of a large group to take responsibility is to resign. This is certainly not something that Michael Eisner is willing to bear, so in the course of the subsequent interview. In order to gain the recognition and support of the media, Michael Eisner completely abandoned the unwavering friendship with Michael Ovitz that he once professed. The correctness of that information was discussed with great fanfare.
After spending Thanksgiving in the midst of the hustle and bustle, Eric hurried back to New York to do the latest post-production work on "Victoria's Secret Annual Show," which will air on December 6. Despite this, Eric's eyes were always fixed on the City of Angels on the West Coast.
If it had been a few years ago, Eric would have been able to turn a blind eye to all the mess that was going on in Hollywood.
However, now he is thinking about how to further intervene in the 'modification' of Hollywood's landscape through this incident. The development of the Firefly Group has reached a kind of peak, and Eric's next plan is to take the whole of Hollywood into his own hands step by step, and this kind of whimsical and arrogant idea that seems to outsiders is not unrealistic for Eric. First of all. Eric already has enough economic strength, even if you don't consider the assets held by Firefly Investment, just the Firefly Group in the media field, the initial payment of the two asset sales this year and the annual operating profit of the group, excluding the necessary tax expenses, can still bring Firefly about 2.5 billion US dollars of free cash flow, and the operating cash flow of all companies in the entire Firefly Group system is almost three times the free cash flow. With tens of billions of dollars in cash reserves, Firefly could even pack up Columbia and Universal in the hands of the Japanese if he wanted to.
It's just that if Firefly really does this, it will definitely cause unease and jealousy in the whole of Hollywood and trigger an antitrust investigation by relevant agencies. So everything can only be slowly figured out in a subtle way, in this regard, Eric undoubtedly has another big advantage, that is, time, even if it takes ten years to control the whole process of Hollywood, when Eric is only thirty-five years old, in the prime of life, many people are even just starting their own careers at this age.
In contrast to the year-round sunshine in Los Angeles, Thanksgiving Day has just passed, and the entire East Coast has ushered in the first heavy snow after the beginning of winter.
Early in the morning, the black Chrysler parked outside a high-rise apartment near Central Park at the entrance of Sixth Avenue, Kelly got out of the car with the information, instructed the driver and assistant in the car, bent her neck and stepped on the road that had not had time to clear the snow into the high-rise apartment, came to the door of Eric's apartment on the top floor, reached out to ring the doorbell, hesitated for a moment, the female assistant still took out the key to open the door and walked in.
The cold light of the morning snow stopped filling the spacious living room through the glass curtain wall, and the living room was full of cluttered papers, and the laptop screen on the coffee table in the middle of the living room was still lit.
Taking off her thick trench coat and boots, Kylie changed into slippers at the entrance and walked into the living room. Seeing Eric lying on the sofa in the living room with a blanket and falling asleep made Kelly both amused and puzzled, this little man sometimes has strict requirements for the quality of life like a family son, and even has obvious cleanliness habits, but sometimes he is casually like a vagabond, as if he can eat and sleep enough to be very satisfied.
Walk lightly over to Eric's side. Kelly gently put the document in her hand on the coffee table, leaned over the sofa and carefully brushed the messy hair on Eric's forehead, with a gentle smile on the corner of her mouth, she wanted to lean over and kiss it, but she was afraid of waking Eric and didn't move, got up and walked towards the kitchen.
Quietly cut the bread and put it in the toaster, and the milk was warmed, and the female assistant was about to make an omelette when she felt a pair of big hands wrap around her from behind.
Kelly turned her head sideways. Let Eric kiss him on the cheek, and smile: "You're awake, go wash up, breakfast will be ready soon." β
Eric obsessively leaned over the female assistant's neck and sniffed the charming woman's fragrance for a while, before letting go of Kelly, who was already weak, and walked towards the bathroom.
After a while, Kelly placed the prepared breakfast in front of Eric and sat down on the other side. Then he asked, "Why did you sleep on the sofa last night, and what if you caught a cold?"
Eric replied as he picked up the dishes, "Think of something." Before I knew it, I fell asleep on the couch. β
Kelly wondered, "Is it something important?"
Eric nodded, but asked, "Is there any news from Hollywood today?"
Kelly nodded and said, "Yes, yesterday Michael Eisner attended "The Late Late Show" by Michael Eisner, and this time he actually accused Michael Ovitz of character flaws and mental illness, I really don't know what he thinks." If Michael Ovitz is really as incompetent as he says, how can there be a CAA? β
Eric nodded, not commenting, and Kelly continued: "One more thing, news from Colombia. Their financial audit is over, and you can't guess that Colombia will face $2.1 billion in asset impairment, which will be the largest loss in Sony's half-century history, although the news has not been made public, but it has been spread throughout Hollywood, and everyone is discussing whether Sony will sell Columbia. β
This time, Eric shook his head very decisively and said, "No. β
Kelly looked puzzled, Eric took a few sips of milk, and then explained, "I read the information you collected about Nobuyuki Idei last night, and we all know that he is about to become the CEO of Sony Group, do you know what his business philosophy is?"
Although Kelly was in charge of sorting out Nobuyuki Idei's information, she didn't notice it and asked, "What?"
"Nobuyuki Idei's business philosophy is to make Sony move towards digitalization and informatization, in short, it is to focus Sony's future development from pure electronic products, entertainment media, records, and even the Internet industry. β
Kelly blinked a few times and wondered, "However, Sony's basic electronic products such as Walkmans, video recorders and game consoles, wouldn't he be ...... if he did this?"
Eric smiled and nodded, "You guessed right, if Idei Shin'ichi does it willingly, it will definitely lead to the decline of Sony." β
Saying this, Eric couldn't help but think of the original time and space, after the new century, because Nobuyuki Idei ignored Sony's fundamental business strategy, Sony lagged behind other industry rivals in MP3 players, personal computers, mobile phones and other electronic products again and again, and finally led to Sony's later In addition to high-end cameras, only the PS game console was left with this product, and it was also subject to strong competition from Microsoft's Xbox products.
Kelly didn't seem to have Eric's certainty, and said, "I don't think Sony should be like this...... Isn't it so stupid, even if Nobuyuki Idei wants to do this, won't there be any other management who opposes it?"
"The board of directors of Japanese companies is very different from that of Western companies, the board members of Japanese companies are basically managers within their own companies, coupled with the nature of obedience to superiors in Japanese culture, there will be no one to oppose the decision of the top management, otherwise, in the process of Akio Morita's $5.5 billion acquisition of Colombia, there will be people who will oppose it, however, I think this time Sony is facing a huge loss of $2.1 billion, and the founder of Akio Morita will definitely leave the position of chairman of Sony, so that after Nobuyuki Idei succeeds him, it is even less likely that anyone will oppose his business strategyγ Since Nobuyuki Idei wants to make Sony go digital and informatized, then he will definitely not sell Colombia, this is a good opportunity for us, since the Japanese are not willing to sell, as an outsider, they definitely need a collaborator, and the fireflies can also continue to get enough benefits from Colombia, I have already thought about this matter in detail last night, and I will discuss it with Katzenberg in the next few days, the Japanese stay, it is only good for us, so we have to take the initiative to throw the bait to make them reluctant to leaveγ β
Kelly smiled, as if something suddenly came to mind, hesitated, and said, "Eric, the one you just mentioned, the composition of the board of directors of Japanese companies seems to be very similar to the board of directors of Fireflies." β
Eric looked at Kelly's cautious appearance, smiled, and said, "I happened to think about this last night." β
Kelly was a little surprised and said, "What about the result?"
Eric: "As a result, I'm not even 25 years old now, so I don't need to think about the long term. β
Kelly was stunned for a moment, and then laughed out loud.
Yes, Eric is not yet twenty-five years old, not Akio Morita's seventy-five, and there is absolutely no problem with the current momentum of Firefly, and Eric does not need to plan ahead in this regard at all.
"Actually, I'm also thinking that I'm still able to stay awake, but in 10 or 20 years, I'm probably going to be like Akio Morita and buying Colombia at a high price. Then, I realized that I was already starting to have this trend now, so I reflected on myself a bit. β
Kelly was a little surprised again: "Huh?"
"Qualcomm, do you remember?" said Eric.
Kelly nodded, "I thought you had forgotten about it." (To be continued.) )