Heads Up Hollywood

Chapter 1176 The Hobbit

Liquidation of major shareholders is a major event.

135 million shares are equivalent to 6.7% of Disney's total share capital, with great voting rights. Because for a typical U.S. listed company like Disney, almost all shareholders are "retail investors" with extremely low holdings. 6.7% is the absolute major shareholder, and the total shares of the entire Disney family are less than 2%.

How do many shareholders with very low holdings in the general meeting of shareholders reflect their own interests? That is to follow the major shareholders!

As a major shareholder holding 6.7% of the total share capital, it is not difficult to leverage 30%-40% of the voting rights.

Therefore, with the support of the Bass family, Michael Eisner can stabilize his position in Disney to a large extent.

Now the majority shareholder is about to liquidate, which is a fatal blow to Michael Eisner.

What if the person taking the offer doesn't support his work?

Therefore, after receiving the notice from the Bass family, Michael Eisner immediately convened the board of directors. He believed that Goldman Sachs, Disney's cooperative investment bank, should issue 2 billion US dollars of bonds to repurchase this part of the stock.

This can not only show confidence in the company's future, but also form a strong support for the stock price, and it is also a good investment.

As a result, there was opposition on the board of directors.

Disney's stock price has fallen for half a year, and the board of directors has long been very dissatisfied with him.

Some directors stated: "Disney's balance sheet is no longer able to support the $2 billion in liabilities."

Some directors said: "Disney is not a good investment direction, because the Hollywood environment has changed."

Other directors believe: "Disney currently lacks a reasonable strategic direction and is not worth investing in."

And some have questioned Michael Eisner's motivations for the proposal.

This is probably not a decision made out of Disney's interests, but based on his personal interests!

The rejection of the proposal did not mean that Michael Eisner would back down, and he immediately came up with a new proposal.

...

The disappearing Tang En was finally discovered by the reporter.

At the scene of the UEFA Champions League group match between Liverpool and Real Betis, a live camera captured Twain wearing sunglasses appearing in the stands, accompanied by a young, beautiful, glamorous and beautiful girl.

All the British reporters were mobilized, blocking every corner of the Anfield stadium, and finally blocked Twain 10 minutes before the end of the game.

"Twain! Twain! Are you satisfied with Liverpool's performance in this game?" The car was blocked, Twain pulled down the window helplessly, and the reporters rushed forward.

"It's always a pleasure to win, no matter what."

"I heard that you are very dissatisfied with coach Benitez's conservative playing style and intend to change coaches midway. Is this true?"

"Nonsense."

"Who is that pretty lady in the car? Is she your girlfriend?"

Tang En's face darkened, "An ordinary female friend, your question is very rude!"

Immediately, a new reporter handed over the microphone and asked eagerly: "I heard that you rejected the "The Hobbit" trilogy series. Is this true?"

Tang En was interested in this topic, so he lowered the car window a little more: "It's true."

"The Lord of the Rings" is a British literary treasure. When the reporters heard this statement, they were very disappointed and rushed to ask: "Why? Don't you know that movie fans all over the world are looking forward to seeing the next "Lord of the Rings" The Lord of the Rings trilogy?"

Tang En said lightly: "Maybe you don't know much about it. The production rights of "The Hobbit" are in the hands of Warner, and the distribution rights are with us. Logically speaking, there must be no problem if the two parties negotiate normally in a sincere manner. Good movies are given back to movie fans. But Warner's attitude is very unfriendly, even a bit domineering, they have no sincerity to negotiate, but adopted a threatening method."

"However, Warner Bros. has clarified that their cooperation with "The Hobbit" is full of sincerity, and they are even willing to share all copyrights equally with New Universal, but this has been rejected by you."

"Lies! They're liars!" Tang En's face was not flushed, and he flatly denied this statement, with a straight face, "We have never obtained such negotiation conditions. They keep hinting to us that if we don't If they cooperate, they will carry out some unconventional means of revenge! You have all seen what happened in the end, they set up a hierarchical power alliance to monopolize, and they controlled mpaa!"

The reporters are not interested in this kind of nonsense, they are more concerned about "The Hobbit".

"So fans will never see The Hobbit?"

"No, I think I'll see soon."

The reporters were all a little surprised, "Are you going to restart negotiations with Warner? But I heard that Hollywood is... very messy."

Tang En said seriously: "Of course it's not a cooperation with Warner. You may have heard the news before. A few years ago, we bought related fans of "The Hobbit" and "Lord of the Rings" from the Tolkien Heritage Foundation. TV copyright. We can’t make movies, but we can still make TV series!”

"Making a TV series? God! Tang En, is what you said true?"

"Of course! New Universal has always regarded movie fans as its gods. The needs of the audience are our goals. Since everyone wants to see the "Hobbit" trilogy, how can we back down? Warner is not benevolent, so we will Do it yourself! The initial goal is to shoot three seasons of "The Hobbit", with an estimated investment of... $500 million!"

"500 million dollars..."

All the reporters were a little dazed.

crazy!

It costs $500 million to make a TV series?

This kind of thing, probably only Twain can do this kind of thing in the whole world.

Didn't he get bullied by Hollywood's Big Five alliance and fell into madness?

You know, Peter Jackson spent only 250 million US dollars on filming the "Lord of the Rings" trilogy that shocked the world a few years ago.

"This... This is a Starz TV series, isn't it?" These British reporters completely forgot about their mission, and looked at Tang En with rippling eyes like star fans.

Tang En said with a smile: "Maybe, maybe not. Anyway, I will definitely shoot!"

In the end, it was no longer an interview, but a chat.

The reporters felt Tang En's approachability. It was definitely a very interesting experience to be able to chat with such a big man in this way.

In the end, they even expressed their support for New Universal.

The Big Five alliance in Hollywood is too abominable. They break market rules and should be severely punished.

When the game was over and the fans left the field one after another, Tang En finally left the siege of the reporters. If the driver hadn't had good driving skills, it would have been difficult to break through.

"Is it really going to cost $500 million to make a TV series?" Blake Lively, the beauty in the car, said she couldn't believe it.

She was born into an acting career, her father was a film director. Often worry about the investment of millions of dollars.

The result is good, Twain will spend 500 million US dollars to make a TV series, the gap is too big!

Tang En took her hand and said with a smile, "Of course!"

"Can you earn it back?"

"Maybe, maybe not."

"ah?"

Blake Lively said he couldn't understand.

If you can’t make a profit, why shoot? It's impossible to really please fans for the sake of feelings, right? This kind of statement is okay to deceive the ignorant public outside, but it cannot deceive her.

Tang En said: "Compared to movies, one of the biggest advantages of TV dramas is that they are long enough. The duration of a movie is only three and a half hours, and the "Lord of the Rings" trilogy is only 10 hours. Even if the DVD is extended It’s only about 12 hours. But what about TV dramas? There are 10 hours in one season! Maybe the quality of the plot is not as compact and excellent as the movie, but the advantage is that it can show more plot content and satisfy the audience. Fan Appetite."

"But it doesn't make money! Even if it's Starz, even if it sells good discs, it may not be able to make back such a high investment, right?"

"Don't sell discs."

Blake Lively didn't believe it at all, "If you don't sell discs, you can't make a profit!"

Tang En looked at her, smiled and said, "You know a lot. Do you know about streaming media?"

"Streaming media?" Blake Lively blinked a few times, "You mean online video? Like YouTube?"

"Uh..." Tang En nodded, "It's about the same. Starz is filming the series of "Warcraft". It is impossible to get "The Hobbit" at this time. Isn't this a fight? Wait for Netflix to launch it. For the streaming media business, let the TV series "The Hobbit" series take the lead, and you can also film some prequels and postqueles, which will definitely be a hit."

Blake Lively nodded suddenly, "Exchange quality for flow!"

Tang En laughed heartily, stretched out his hand to hold her in his arms, "It's quite smart!"

Blake Lively's face was reddish, his chin was raised slightly, and there was a smile on the corner of his mouth.

Tang En bowed his head and kissed her red lips, and said in a low voice, "How are you doing with them?"

Blake Lively said with a hot face: "It's okay."

Tang En said: "I have agreed, you can follow me only if they all agree."

"Why?" Blake Lively was a little unhappy, pouted, "Aren't they all your women? If you say something, can they disagree?"

Tang En shook his head and said, "That won't work. I want to implement a democratic system in my family. If I see good ones, I'll take them all in. This family won't be in chaos? There must be a review system."

Blake Lively bowed his head, blushing slightly and said: "I get along well with them, especially Gail, we... we are good friends who talk about everything."

Tang En knew the inside story, so he couldn't help laughing, "Well, behave well. If you pass the test, you will be girlfriend No. 4 after entering the door. A pair with Gail is enough to compete with the combination of Natalie and Scarlett. "

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