Chapter 332: Employees' Protests

The company was founded in 1993 and is located in Santa Monica, California, with offices in London, England. Pen × fun × Pavilion www. biquge。 info

Current President: Rob Freman

Pinnacle is a Universal Cinema studio focused on the development, financing, production and distribution of films. The company is responsible for all aspects of the marketing and distribution of its internal development and acquisition films.

The peak of '07 was the year of loss, even of '06, and the peak of these two years was almost on the verge of bankruptcy.

07 There are only two films that you can get your hands on at the top, one is "Michael Clayton" and the other is "Love in the Time of Cholera". Speaking of which, the results of these two parts are also very bad.

Compared with 06, there is at least one "Dance Out of My Life".

Some time ago, Zhang Lantian brought the legal department of DreamWorks and the acquisition team to conduct a discussion at the summit for nearly ten days.

The film resources at the peak are not abundant, but the only thing to be proud of is the distribution channels, as well as the sales channels throughout Europe and the United States, including peripherals and distribution.

Wang Meng, who rushed to California, listened to Zhang Lantian's report in detail in a hotel.

"Director Wang, the current difficulty in the negotiation is the acquisition of funds, as well as the distribution of equity. Zhang Lantian said.

As far as I learned from the previous generation, several of the company's founders, like Patrick Watzberg, Bob Hayward and David Garrett, were ambitious, and they positioned the new company as a top Hollywood player on an equal footing with the major studios, rather than a petty production company.

For the first decade or so, though, the positioning was more of a joke, and like other big Hollywood studio challengers, Summit Entertainment struggled with a lack of financial resources to attract Hollywood's top directors and stars, and its box office performance was perennially only a vice-president among the major distributors.

On the other hand, Summit Entertainment has a good vision, picking "Two Smoking Guns" and "Memory Fragments", which are now classics, independent films, but they are far from quenching their thirst, and they are not cash cows like "Harry Potter".

"Tell me about it. Hearing Zhang Lantian's complaint, Wang Meng asked.

It is estimated that it will be 35 million US dollars to acquire all the shares of the summit, and it seems impossible to look at Zhang Lantian's appearance.

"Director Wang, I suggest that we can continue to slow down. At the behest of Patrick Watzberg, Bob Hayward and David Garrett, they could wholly own the rights to the films they had distributed and produced, but the guys were proposing $50 million. This is outrageous, I think we can take it slowly, not be the wrongdoer. Zhang Lantian said.

"We don't lack money, we don't lack time. Wang Meng sighed.

Wang Meng doesn't know if next year's peak will rise according to the trajectory, if it is still the same as the previous life, it will be miserable. Don't say 35 million, let's add 100 million.

Now the funds of "Painted Skin" have been accounted for, and the surrounding areas of "Chainsaw Horror" have been recovered, in addition to the investment in "Butterfly Effect", "Step by Step", "Bear Infested" and other films and television, now Dream Works, the factory still has a working capital of nearly 1 billion yuan.

That's nearly $150 million in dollars.

At the end of the year, "Crazy Racing" will recoup its costs and earned box office, and the periphery of "Painted Skin" will also be recovered. Not to mention that "Saw 2" will be released, "The Butterfly Effect" will be released, and "Bear Infested" and "Step by Step" will be released.

At the end of this year, early next year, Wang Meng predicts that DreamWorks' capital will reach nearly 2 billion yuan, which is nearly 300 million US dollars.

Therefore, Wang Meng at this moment is not short of money.

Zhang Lantian didn't understand what Wang Meng meant by the lack of time, but he knew Wang Meng very well and saw that Wang Meng didn't want to give up.

Zhang Lantian didn't speak, pacing back and forth in the room.

I thought a lot in my heart, and carefully recalled the legend since Wang Meng's debut, and it seems that Wang Meng is not wrong.

And in the conference room at the pinnacle.

The three founders, Patrick Watzberg, Bob Hayward, and David Garrett, are also in the discussion.

"I heard that the person behind the acquisition, China's amazing director, Wang, is also here, Bob, do you think he will agree to our request?" asked Patrick.

"Oh, it's bad. But we're asking a lot. Gentlemen, it is clear that the summit is the opposite of the definition we had at the beginning of our creation, and we overestimated our own energy. Yes, we have been underfunded. This is the fourth company that we are interested in acquiring, and we can't afford to leave it to chance, as long as it is at the right price, I think it is entirely possible to sell. Bob Hayward complained.

At the beginning of the period, the three were committed to big companies, aiming at the top big companies in Hollywood, but they were disappointed that they had not met their expectations and even became a laughing stock.

"Yes Patrick, giving 35 million is already the highest given so far, damn Disney only gave us 15 million, although it was a year ago, of course. However, I feel like DreamWorks' $35 million is enough for us to start a new company and get out of this damn vortex. And you know, DreamWorks promised not to fire any employees, we can't hold on anymore, we're going to go out of business if we keep going, those employees are going to make us ugly, they've been on vacation for a long time, damn it. David Garrett said.

"Okay guys. Patrick compromised and said, "However, 35 million is obviously low, don't forget that our "Dance Out of My Life" is very profitable, and we have to add 5 million dollars to this, who doesn't like banknotes, right?"

On November 17, 07, the DreamWorks team led by Wang Mengdai came to the headquarters of Summit in Santa Monica, California.

Knowing that their company was about to be acquired, the employees at the top were hesitant to look forward to it.

Now that I have a job that can guarantee milk and bread, and ensure the life of my wife and children, I don't want to be fired.

Protest demonstrations, street demonstrations are a hobby of Americans.

When Wang Meng came to the summit headquarters, many employees spontaneously held signs.

"Resist hostile takeovers, we have the right not to be fired. ”

"Satan's plot will fail, and God doesn't want to see any good employee dismissed in bad faith. ”

"We are the foundation of the company, and we demand to know the truth. ”

“……”

and so on all kinds of protest signs, Wang Meng was very depressed.

Obviously, everyone knows that the company's finances have been struggling, and some people think it was a hostile takeover, and then declare it bankrupt, so that employees can be fired without the need for a person in charge.

"Gentlemen and ladies, there may be many people who know me. Trust me, I won't maliciously dismiss an employee unless there is a very important reason. In the same way, believe in me that you will have faith in me, and I will lead you to create our own glory. After Wang Meng got out of the car, he saw a very unkind look.

It's not discrimination, but I'm afraid of Wang Meng's secret deal with the top executives, and I'm afraid that I will be fired.

"He's confident, as if it's already his company, damn Chinese. Patrick peeked out of his office window.

'Obviously, he's confident. David said.

……

"Wang, can we trust you?" asked an employee holding a sign.

"Hehe, this gentleman has to believe me. Wang Meng replied confidently, waved his hand after speaking, and walked into the summit headquarters.

And the group of employees was worried.

"I hope what he said is true, and if the king deceives me, I will not give up, and I will protest. A black male employee said.

"Got it, guy, damn capitalist, there are so many ways to embarrass you, and now we can only pray for God to bless. To be honest, I've had enough of working for half a month, I've had enough of not having bonuses and even salaries, I'm fed up. One employee complained.

In the past six months, the peak has been very unsatisfactory, and half of the employees are in a state of semi-unemployment.

"For the king, well...... or maybe our boss has a little confidence, you know, they made a lot of money this year in "Saw Horror" and "Painted Skin", and now DreamWorks is very rich. ”

"Yes, but I'm also worried about our future, and I admit that Wang, who is doing well in China, but I'm afraid he won't be able to figure out the rules of Hollywood, and I don't know how he's going to lead the future to the top. ”

Some people know that Wang Meng is very powerful, and they also know that Wang Meng is very profitable this year, but they are very worried about the future.

Worried that Wang Meng is not suitable for Hollywood's route.

In this way, everyone is disappointed and afraid of their future.

…… (To be continued.) )