Hollywood Hunter

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Daenerys Entertainment was the biggest winner of this year's Oscars, but Simon quietly left after only an hour at Melisandre's party.

Just like a scientist who has won a Nobel Prize, he is destined to not be excited about a little red flower in the kindergarten.

Over the years, from Sundance to Cannes to the Oscars, Simon has amassed enough accolades on film. What's more, at the height Simon is now, it's hard for Oscar to get him too much attention.

The next day the media was buzzing as usual.

However, this time, there is not much controversy over awards related to Daenerys Entertainment's films.

The five best picture nominated films, the best film "Unforgivable" in the original time and space, as an old-fashioned western film, is far less competitive than imagined, and the other three are even more just a foil. Therefore, under the strong public relations offensive of Daenerys Entertainment, "Smell the Scent and Know a Woman" won the Best Picture Golden Man with ease.

Al Pacino's Best Actor is even more deserving.

The rising Hollywood star in the 1970s has been nominated for six Oscars before "Scent of a Woman".

The other awards also made little waves.

The media even lamented that Daenerys Entertainment's other two great films, Howard Manor and The Crying Game, received only a handful of non-core awards.

Of course, even if it is difficult to cause too many waves in Simon's heart, a series of Oscar awards have brought real honor and benefits to Daenerys Entertainment.

After the Oscars, time quickly turned to April.

In Europe, Melisandre's acquisition of Christie's auction house was officially revealed.

For this matter, the British media generally showed a stance of resistance, believing that Christie's is an iconic company representing Britain's historical position in the field of art collection and should not be sold to foreign investors. Some fierce media people even complained to the British The government petitioned to ban the deal.

However, in the face of capital, the power of media public opinion is somewhat weak after all.

What's more, the British public's reaction to this incident is more inclined to watch the excitement: Christie's, which often auctions tens of millions of pounds worth of collections, is really far away from them.

After last year's sterling crisis, the British economy was in a downturn, and many investors also tended to cash in Christie's shares to increase their cash reserves.

As a result, the transaction was also quickly approved by a shareholder vote.

Melisandre successfully acquired Christie's, but Igret's financing plan on the North American side was not so smooth.

Speaking of which, if you just want to simply raise money, there are many investors who are willing to take 10% of Igret’s stock in one bite, like Figure Joseph Lewis, who hardly intends to lower the price.

However, the purpose of this financing is not too simple.

When Morgan Stanley and Goldman Sachs both expressed their willingness to invest, Igret proposed a 5% financing plan for the two, but this aroused the dissatisfaction of the two Wall Street investment banks.

The asking price of 10% of Igreit's stock is US$1.5 billion. This kind of asking price is really unaffordable for ordinary investors, but for the two Wall Street giants, they can still afford to raise funds.

Everyone also knows that with the development momentum of Igreit at this time, 1.5 billion US dollars and 10% of the shares are indeed not expensive.

Buy it now and wait until the IPO of Igreit. With the current capital market's pursuit of technology stocks, it is expected to at least double the return.

Cisco and America Online, is the best proof.

Now, the share of 10% of the equity transfer is not high and it needs to be split into two and shared with others. Of course, the two major investment banks are not satisfied.

However, after several days of negotiation, Simon Westeros obviously has no intention of making concessions in this regard.

In addition, the differences between the two sides do not stop there.

The 10% of the shares sold by Igreat are still Class A shares with only one-tenth of the voting rights. The two investment banks get this batch of shares, not only can they only get 1% of the shares of Igreat. Voting rights and no board seats.

In other words, after the two investment banks invested a huge sum of 1.5 billion US dollars, they still have no say in Igreit.

This is also unbearable for Goldman Sachs and Morgan Stanley, who have always been strong.

For the dual-class share structure, Simon did not make concessions. However, after negotiations, Simon also agreed that Goldman Sachs and Morgan Stanley will each receive a board seat after the Igret IPO.

Before that, because Igreit was still a completely private company, there was no board of directors for the time being.

After several discussions, the two sides reluctantly reached an agreement in this regard.

Then came the question of the $1.5 billion funding itself.

For this money, the original plan provided by Igreat Company, 500 million US dollars was transferred to Igreat Company's account as financing for the development of Igreat itself, and the other one billion dollars went to Westeros Company. All, it is regarded as the sale proceeds of 10% of the equity.

After all, this equity transfer, it is quite accurate to say that the Westeros Company sold 10% of Igret’s stock.

Goldman Sachs and Morgan Stanley certainly wouldn't agree.

Although $500 million is already a lot of money, for Igreit, if it is like the previous year, it may burn out in a year.

When funds are scarce

, it is necessary to carry out another financing. At that time, whether it is equity financing or bond financing, the cost will be spread to Goldman Sachs and Morgan Stanley, which have become shareholders of Igret.

The best option in the eyes of Goldman Sachs and Morgan Stanley, of course, is that all of the $1.5 billion goes to Igret.

However, for the two investment banks, Westeros' plan is also reasonable.

$1.5 billion, after all, is quite a lot of money.

If it was the two investment banks themselves, of course, they would not be willing to spend all the money on Igret.

In fact, Goldman Sachs and Morgan executives got it wrong this time around.

Simon has no intention of directly taking a share of this huge sum of money. The reason why this distribution plan is proposed is just a bargaining chip.

The Westeros system is not short of money.

This is a little bit.

On the other hand, if the $1 billion from the sale of stock is included in the Westeros corporate account, it will be subject to capital gains tax.

At the federal tax rate at this time, a billion dollars would need to contribute $280 million to the IRS.

Simon did not plan to do this tax-paying good citizen.

In contrast, if he really needs additional funds, he is more inclined to get a loan from the bank.

The more you get to the top of this social pyramid, the more you understand that you can go further by spending as much money as possible on your own affairs.

The $1.5 billion this time is actually a bit too much for Igrete. Igreat already has enough revenue to provide itself with a steady stream of funds, and neither does Simon. Let's increase Igreat's plan to burn money. On the contrary, after this financing, he will further strengthen the financial supervision of Igreat's company to avoid wanton spending.

In this way, only the 1.5 billion US dollars is enough for Igrit to spend three to five years.

Considering the IPO in 1995, Igreit's cash reserves will be even more plentiful by then.

Too much money and not spending it as soon as possible is actually not a good thing.

Fortunately, Igreat already has its own venture capital department, Simon's plan, after the completion of this financing, Igreat will greatly increase its external investment while developing itself, making its own Become one of the important venture capital funds in Silicon Valley.

Malibu, Daenerys Studios.

The time is April 6th, Tuesday.

In the morning, the Pixar team on the second floor of the studio stayed for two hours, mainly watching the demo of "The Lion King". This Pixar's second 3D animation film has been completed 80% of the progress. However, because The cumbersome production process of animated films, the official film will not be completed until August. Fortunately, the film's schedule is at the end of the year, and August is not too late.

At noon, bring the female assistant back to Dumeijia Manor for dinner.

After lunch, the female assistant's day's work was basically over, she was left behind by Janet, the two women planned to go shopping together, Simon returned to the studio, and Girl A took over Jennifer's work.

"Boss, this is the memorandum of the meeting between Vice President Al Gore and the executives of major telecommunications companies this morning that just came from Washington."

The information superhighway plan, of course, will not just pass a bill, but also requires the federal government to take real measures.

Simon already knew in advance that the purpose of today's meeting between Vice President Al Gore and the heads of major telecommunications companies was to discuss telecommunications companies' increasing investment in the infrastructure of the Internet industry.

The heads of Westeros Verizon and AOL both attended the meeting.

Of the 400 billion U.S. dollars in investment in the information superhighway program over the past 20 years, the share directly funded by the federal government is actually very small. However, this year, the federal financial allocation in the information superhighway program is actually only 650 million U.S. dollars.

Most of the investment is still to be invested by private capital under the leadership of the relevant federal information industry policy.

Four hundred billion US dollars in 20 years seems to be very large, but as long as it is profitable, the capital pouring into this industry is actually far more than that.

In Simon's memory, during the most turbulent period of the Internet bubble 2,000 years ago, more than 70 billion US dollars were invested in new technology fields in one year.

This time, AOL has proved in advance that the ISP industry has great potential. Even without the guidance of the federal government, major telecom giants will strengthen their investment in new technology fields.

In today's meeting, Simon is most concerned about the tax incentives introduced by the White House for new technology fields.

Opening the memo in his hand, Simon asked another thing: "How is the negotiation in New York?"

Alison shook his head: "There is no new news for the time being."

No news, just no progress.

Simon is not in a hurry.

If Goldman Sachs and Morgan Stanley persist, he's not out of options, after all, the deal is a typical seller's market.

Big deal, all ten percent of the shares were sold to one of them.

Or choose another investment bank.

These days, as the Igret company is getting more and more dazzling, the trouble is actually more.

In a recent report, Igreat has 11 lawsuits over copyrights, patents, monopolies, etc.

The largest of these together comes from the Hearst set

A comprehensive lawsuit under the group, claiming 100 million U.S. dollars for Igreit's misappropriation of a large number of Hearst's news, pictures and other content.

The traditional media has obviously felt the threat of the Internet media once again.

Regarding this infringement lawsuit, in fact, it is basically the content uploaded by users themselves, and even there are obvious traces of human manipulation.

However, Igreit has a plan for this kind of situation.

Although the Internet Safe Harbor Act is still being lobbied, however, the terms of use of Igreat also make corresponding provisions. As long as the copyright owner confirms that the content is infringing, it can contact Igreat to delete it voluntarily.

However, the Hearst Group did not do this, but directly initiated a lawsuit after collecting a large number of "infringement" evidence.

At the same time, many newspapers in the Hearst Group have simultaneously exerted efforts to require the federal government to strengthen copyright protection in the Internet field while developing the information industry.

Back then, the Hearst Group single-handedly provoked the Spanish-American War, which shows the influence of this media giant on federal public opinion.

Moreover, this lawsuit is actually a counterattack by the traditional media against the new Internet media, trying to limit the development of the Internet media that has become more and more turbulent.

However, this time, neither the Igreit Company nor the federal government will be able to let the Hearst Group lead by the nose.

After responding to the lawsuit, while using the media resources of the entire Westeros system to fight back, Igreat quickly provided a lot of evidence that it actively dealt with the infringing content, which is enough to prove that Igreat attaches great importance to copyright protection. , but the volume of content on the Internet platform is so huge that it is impossible to actively censor all content. If this is necessary, the Internet industry will not be able to continue to develop.

The lawyer team of Igreat also pointed out that after confirming the content infringement, Hearst Group did not contact Igreat to take the initiative to deal with it, but directly launched "extortion".

After several confrontations between the two sides, the Hearst Group was clearly at a disadvantage even though it controlled a large number of media platforms.

Moreover, at the government level, the White House did not stand on the side of the Hearst Group this time.

Bill Clinton is about to use the Internet industry ambitiously to revive the US economy. Even if the Hearst Group belongs to the Democratic camp and is related to its own political future, this time, of course, the Hearst Group will not be allowed to jump out and disrupt the situation.

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