Chicago 1990
Chapter 552: C round
Since it is a Disney-owned production company, it is not wrong to find Katzenberg. It just happens that DTS's C round financing agreement has been negotiated. Song Ya intends to find him when everyone is signing together and have the ability to grab my film. After taking down the adaptation rights and related scripts, according to the current situation of Hollywood Pictures, it should not cost two dollars.
But unexpectedly, Katzenberg did not come, only appointed a lawyer to be there, and will clear all his shares in the C round.
He asked David Geffen, and the other party exchanged eyes with Catherine who represented Spielberg, "He? I have no time now." After speaking, they both smiled.
"Is it because the Lion King is about to start painting?" Katzenberg is in charge of Disney's animation department. The Lion King costs nearly 50 million, which is a very large investment for animated films. Song Ya guessed he must be very concerned.
"Yes and no." David Geffen was noncommittal. "Old rules, try to find out in Hollywood. I believe it is not difficult."
In the C round, DTS’s valuation reached 120 million dollars, Song Ya’s shares continued to be compressed, from 12% to 5%, and 7% of the shares were transferred at a price of 8.4 million dollars. To the investment institutions that came in the C round. As an angel investor, he should actually leave the market either actively or passively at this point in time. However, he still intends to maintain a presence in DTS. The C round investor considers his role in the recording industry and the film industry for DTS, This persistence was also allowed, so the anti-dilution rights that Alicia helped to win in the B round were not passive.
If the C round is the last round of financing, after DTS takes about 30% of the shares to issue tradable shares in the future, he will probably still have 3.2% of the remaining shares, of which 3% of the A shares, 100% With 0.2% of the B shares, each B share has ten times the voting power of A shares, so he will still retain a board seat in the future DTS, with about 5% of the voting rights. It is natural that founder Terry Beard insists on going public in this way with the same shares but different rights. Otherwise, after so many rounds of dilution, he will no longer be able to control the company by an absolute majority.
This was also the first time he got back real money from DTS's 250,000 angel investment.
"The pig on the wind?"
Smith, a black executive at Goldman Sachs, smiled and said: "At today's valuation, your angel investment has increased by more than fifty times. It is impossible for a pig to always stand in the air."
"You can't count it like that, ha ha ha..." Song Ya smiled modestly, "I have done a lot for DTS."
"Yes, thank you APLUS." The most exciting person in the room is undoubtedly Terry Beard. He stood up and shook hands with Song Ya, "We started a business together."
Indeed, Song Ya used DTS surround sound technology in his first album and subsequent albums. For example, a large DTS logo will be placed before each MV, just like MJ did for Dolby in Dangerous albums. I also used DTS technology in the dance show in my life. As a movie featuring music, singing and dancing, Terry Beard had seen the samples beforehand and he was very satisfied with the sound effects of the whole film.
Song Ya also helped DTS in other aspects. For example, A+ Records insisted on purchasing DTS equipment and licenses from a very early time, and used personal reputation to expand DTS's popularity. These are all costs. Of course, there are also the efforts of Alicia and Dile who are in charge of the negotiations.
"We still need your APLUS, continue to be lucky." An executive of Greenwood Capital laughed.
"I hope so." Song Ya suspects that the real reason they have no objection to their retention of the five percent is that they want to use themselves as a mascot or lucky charm. Many people who play stocks believe this. same.
However, this money cannot be obtained directly, because it is calculated as the investment income of A+ Audio Company, and A+ Audio has already pledged part of this income and borrowed the Amerika Music Project to take the land in Silicon Valley. "Maybe we should repay the loan. The rest of the proceeds will continue to be invested in Silicon Valley.” While the meeting ended, A+ Audio President Dile immediately suggested.
"That money is useful to me, you know, I spend too much now..."
Song Ya knows that his interests are not exactly the same as that of Dilai. Dilai will receive 5% of the A+ audio company's equity incentives on January 1, 1995. He certainly does not want to get the equity in a few months. Under the circumstances, put such a large sum of cash to leave.
The current A+ audio is still fully owned by himself. Even if he said it, "How much can I get back after repaying the loan and other costs?" He did not expect that A+ audio would develop so well when he promised Dilai’s equity. Most bosses have a conscience. Besides, they invested in the surround sound industry based on the inspiration of Apocalypse. Dile only found DTS under the big goal he set.
"Four million dollars." Dile didn't insist.
"Okay, transfer it to my investment and copyright management company as soon as possible."
His current expenses are indeed a bit high. After seeing halfway through 1994, he has spent money without making any investment. Mariah Carey bought land to build a house and buy a plane. It was a festival to give each other valuable gifts. Engagement ceremony, wedding...
One more son to raise...
"Good job, Alicia." Song Ya held Alicia's hand when saying goodbye. "Did you tell Will Gardner what I said?"
"Yes, I talked to him."
This beautiful middle-aged woman maintained her usual elegance and competence. She smiled and said, "Will will not be against you."
"I don't want to hear about advantages or disadvantages. I only need Will to stay away from Tony or my family. If I find out that he continues to confuse Tony, I will terminate the cooperative relationship with your law firm." Song Ya warned: "Otherwise, DTS will not have your share in the listing."
"Moreover, your Lockhart and Gardner law firm charges are too expensive." Dile complained to the side. "If you still want to maintain a cooperative relationship next year, Will's best to lower the price."
Alicia was a little caught off guard, opened her mouth slightly to look at Song Ya, and then at the door of the meeting room where the agreement was signed just now. After a while, she said, "Sorry? APLUS, my law firm and I were here just now. The best contract you can get."
"You said it was just now, so that's a thing of the past. Besides, I didn't pay less commission and working hours."
Song Ya turned his face faster than turned the book, "Make sure Will do this, okay? Oh, by the way, say hello to Peter for me."
Alicia stayed in a daze~www.wuxiaspot.com~ Song Ya strode away, and when he returned to his residence, Yeremov was already waiting.
"What happened to Katzenberg? David Geffen and Catherine were mysterious just now." Song Ya asked.
"I heard that he might become the boss of Disney this year."
Yeremov reported the news that he came back from inquiries, "In April, Disney’s vice chairman, president and chief operating officer (COO) Franklin Wells accidentally crashed and died, and then chairman and CEO Michael Eisner has been in a bad heart. The bypass surgery to be done is very risky and I intend to step down, so... If nothing else, at the end of this year or next year at the latest, Disney's power will belong to Katzenberg."
"No wonder he wants to clear DTS shares. At this delicate point in time, he must pray for no negative news about him?" Song Ya asked.
"Yes, that's Disney! This is good news for us, at least you can have a relationship with him haha..."
Yeremov said cheerfully, "But it's not a good thing for the script you asked."
"how?"
"According to the gossip about the management reorganization of Hollywood Pictures, the former Disney Publishing Company president Mark Linton will go to Hollywood Pictures to take the post of president."
Yeremov said: "From the Disney publishing company to the loss-making Hollywood film industry, Linton was a frustrated person in Disney's internal power struggle, and it happened to be at odds with Katzenberg."
"Maybe it was Katzenberg's hand? Clearing the obstacles for the superior?" Song Ya asked.
"I don't know, anyway, buying the film adaptation rights for that book may be a little bit variable." Yeremov said.
"Anyway, go and ask for a price first?"
"They will not complete the reorganization until the end of June, and will not do business before then."
"Uh, all right..."
You'll Also Like
-
Star Dome Railway: I develop mobile games in Xianzhou
Chapter 56 23 hours ago -
Konoha: Incomprehensible to the heavens, he created a strange cultivation method
Chapter 58 23 hours ago -
Genshin Impact: Knight Simulation, I became their hope
Chapter 62 23 hours ago -
Villain: The heroines regretted marrying the female supporting characters!
Chapter 171 23 hours ago -
Knight, start the ultimate battle, re-engraved tablet
Chapter 934 23 hours ago -
Super Shinto Master
Chapter 1828 1 days ago -
Pawn Crossing the River
Chapter 1714 1 days ago -
Pirates: Trainer on the Straw Hat Ship
Chapter 211 1 days ago -
Become Aquaman from Black Robe
Chapter 227 1 days ago -
People in Douluo: Sacrifice to Heaven System, Sacrifice to Tang San
Chapter 247 1 days ago