Rebirth of Xiangjiang - 1978

Chapter 2111 Long Mayer is going to resign

"What? Panasonic wants to acquire the entire MCA?"

MCA is a large media group that integrates artist management, film, television, records, music publishing, and book publishing, and Universal Pictures is only a subsidiary of MCA.

When he learned that Panasonic was going to acquire MCA, Longmeyer was stunned.

You must know that Universal Pictures is one of the largest film companies in Hollywood, and now it is being acquired by a Neon company. This is really unacceptable to him.

"In order to expand the company's share in the broadcast and cable fields, the group of people on the board of directors decided to cooperate with Neon People. After all, the richest people in the world now are Neon People."

As one of the directors of Universal, Fernald had a good relationship with Longmeyer, so he told Longmeyer about the incident immediately.

Longmeyer was so shocked by this news that his scalp was numb. He never thought that he would work under the Neon Man from the beginning to the end. This was a huge damage to his self-esteem.

"If Universal Pictures is really going to be bought by those neon people, then I will have no choice but to resign as soon as possible."

Longmeyer didn't even think about it. He didn't want to become a subordinate of a defeated country. You must know that Neon was defeated by them in the first place, but now the Neon people have become their boss. This is simply too ironic.

"My dear Longmeyer, please don't get excited. This resolution of the board of directors is also for the sake of MAC. Once Panasonic's acquisition is successful, Universal Pictures will receive a large amount of funds..."

Before Fernald finished speaking, Longmeyer raised his hand and interrupted the other party.

"I'm sorry, my idea is very simple. If I want Neon people to be my boss, I can't accept it. I still have things to deal with in the company, so I'll leave first."

After Longmeyer finished speaking, he stood up and left the other party's office without listening to what Fernald continued to say.

After leaving the MCA headquarters, Langmeyer was in a very depressed mood, because Fernald's meaning was already very clear, that is, Panasonic's acquisition of MCA was already a certainty, and now they were probably just negotiating the price.

Longmeyer didn't dare to tell others such a secret. After much deliberation, he finally could only make a phone call to Lin Daoqiu.

Later, in Longmeyer's office, he met Lin Daoqiu, who came after hearing the news.

"Don't tell me this deal is going to be done soon?"

Langmeyer briefly mentioned something to Lin Daoqiu on the phone, but it was enough to shock Lin Daoqiu into a cold sweat.

If the worst happens and both Columbia Pictures and Universal are bought by Neon Man, then Lin Daoqiu's only allies in Hollywood will be Fox and Warner.

But little Alan Laid and Ashley were far inferior to his friendship with Longmeyer. Although it was a bit illusory to talk about friendship in Hollywood, Longmeyer had contributed a lot to his achievements today.

"I guess this deal will be completed within one or two years. After all, the guys on the board of directors urgently need funds to expand their broadcast and cable TV shares, so it won't take too long."

Longmeyer looked at Lin Daoqiu's frustrated expression, because he had no power to object to this matter and could only obey the board of directors' arrangements.

But what Longmeyer can do is to choose to resign so that he does not have to work under the Neon people. This is his last insistence.

Covering his head, Lin Daoqiu felt that this incident was really terrible. There was no memory of Panasonic and Universal Pictures in his memory.

It is understandable that Lin Daoqiu did not know this, because although Panasonic provided ample cash injection after buying Universal, the two parties could not overcome the cultural conflict. Five years later, Panasonic sold US$5.7 billion to

Price sold his equity in Universal to Seagram, a beverage distributor in Maple Leaf Country.

It can be said that Panasonic did not create any achievements in MCA, and this transaction cost them a total loss of 900 million US dollars, so it is normal for Lin Daoqiu not to know that Panasonic acquired MCA.

"Lin, if you want to buy Columbia Pictures, how about changing your goal and buying Universal Pictures?"

Longmeyer is more willing to cooperate with Lin Daoqiu than to have a Neon person as his boss, and he believes that with the funds Lin Daoqiu currently has, he can definitely save the money to acquire Universal Pictures in two years.

"Buy Universal Pictures?"

Lin Daoqiu looked at Langmeyer in surprise, but soon he was moved by Langmeyer's proposal.

The performance of Columbia Pictures and Universal Pictures in Hollywood over the years can be said to be very different. Apart from Paramount, the film company with the best performance in Hollywood in recent years is Universal Pictures.

And because of its cooperation with itself, Universal Pictures is almost on the verge of catching up with Paramount, while Columbia Pictures is still a bit behind Universal.

"You really posed a problem for me. Let me think about it."

Lin Daoqiu did not agree immediately, but Longmeyer's proposal did make Lin Daoqiu very excited, but he could not make up his mind for the moment to give up Columbia Pictures and acquire Universal Pictures, or to continue to wait.

"As far as I know, the psychological price of Columbia Pictures is about 3 billion, and it must also bear the debt of 1.6 billion US dollars attached to Columbia, which adds up to at least 5 billion."

Langmeyer's words directly shocked Lin Daoqiu. He had no idea that in addition to the acquisition money, he would also have to bear 1.6 billion in foreign debt. This was something Lin Daoqiu had never thought of before.

Seeing the surprised expression on Lin Daoqiu's face, Longmeyer knew that he didn't know about Columbia Pictures' debt situation.

"Lin, spending 5 billion to acquire Columbia Pictures is better than buying Universal Pictures. We have no debt here, and the price is around 3.5 billion US dollars at most. If you are willing to bid, I can find a way to help you convince the board of directors."

With the help of Longmeyer, the insider, Lin Daoqiu was very confident that he could buy Universal Pictures.

If he was only interested in Universal before, now that he has learned that Columbia Pictures has a foreign debt of 1.6 billion, Lin Daoqiu has greatly reduced his interest in this film company.

It's a pity that I don't know what day the Japanese stock market crashed. Otherwise, if I had invested all my money in speculation, I would have been able to buy both Columbia Pictures and MCA.

But even if I have money, I can't buy both Columbia Pictures and Universal, because if I do this, people in North America will not just be wary of me, but will become nervous.

Therefore, Columbia Pictures and Universal Pictures can only choose one of them to acquire. As for which company to choose, Lin Daoqiu actually already has an answer in his mind.

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