Reborn in Hong Kong: The Tycoon Grows Up

Two sets of plans are given for them to choose, so they need to analyze which set of plans is more beneficial to them. In fact, deep down, Ron Miller doesn't really want to sell his shares in Disney. At present, Disney's market value is not high, and it does not match the company's own strength and reputation. In addition, with so many well-known IPs, the future is definitely promising.

However, Spielberg and others made it clear that they did not want to give the Disney family a chance, otherwise they would not be so fierce, and there was no hesitation at all during the acquisition process. How much confidence did Bao Zixuan give them to be so bold? But it's useless to think about it now, it's more reliable to talk about trading.

If all the shares are sold, the future of the Disney Company will have nothing to do with Walt Disney. But if you sell half of it, you won't have much say in the board of directors. And there is another point that we have to consider; that is, if the other party does something on the board of directors, it is really difficult for them to control it.

Spielberg and George Lucas are both great directors. If you want to make a movie unprofitable, there are ways. The director's salary is higher and the overall budget is increased. The money will still go into their pockets, but the shareholders will not get any profits.

If they are not shareholders, they may not be qualified to do this; most importantly, they would not dare to do so. But now, Disney has the final say; if they really want to use their brains, no one can do anything about them.

The current situation is really a dilemma for Ron Miller. But it's not a problem to always be stuck there. Spielberg has made it very clear, and the price is not low.

Ron Miller: "I can sell 6% of Disney shares in exchange for US$300 million; keep 2%; after all, I have to leave a memory for the family!"

After hearing this, Spielberg somewhat admired this so-called son-in-law. The other party is definitely a master, but it was just hidden because of his special status.

I may have confidence in Disney's future, but at the same time I am worried that people like them are doing evil things. Therefore, if four people hold an absolute dominant position in selling most of the shares, they cannot go too far. As for the remaining 2%, it is an explanation for family members and the public.

Spielberg smiled and said: "Just do as you say, we can handle the procedures at any time."

Things went smoothly beyond imagination, and it seems that the Disney family are not all diehards.

In fact, this is easy to understand. We are all smart people, and if we know that we are irresistible, if we do not understand the current affairs, we will cause trouble for ourselves.

Obtaining 6% of Disney shares from Ron Miller makes the four people's combined shares account for more than 50%; even if Roy Disney Jr. wants to resist, it will not make much sense in the face of absolute control.

However, for safety reasons, we also don’t want to leave any hidden dangers in the future. Spielberg knocked on the door of Roy Disney Jr.'s office anyway.

As the most orthodox Disney family member, it can be said that Roy Jr. still has his own pride. Although Walt Disney is the soul of the Disney Company. But his father, Roy Disney Sr., played an indispensable role in the company's development.

And for various reasons, he is currently the largest shareholder of Disney. Although he is only a director of the company in name, he always has his own office at Disney headquarters. This is true when anyone is a CEO.

As the largest shareholder of Disney, he is certainly aware of the large fluctuations in stock prices. But there are some things that just can't be helped. It is precisely because of the previous pursuit of the largest shareholder status and the poor performance in recent years that the company has not paid dividends at all. As a result, the funds in his hands are very limited.

Not to mention acquiring shares of Disney, it is also difficult to repay bank loans and basic daily expenses.

Now seeing Spielberg come to the door in person, I know that what is supposed to come will eventually come. And he had already learned from other members of the family that Ron Miller, the son-in-law who came to visit him, did not hold on at all, and did not even make any resistance.

His surname is Miller, and he definitely doesn’t have as much affection for Disney as he does; it makes sense! Now that the other party has taken absolute control, what other purpose does it have to come here? Don't you want to leave any way for the Disney family to survive? They really want to make things happen.

Roy Disney Jr. said directly: "I'm not Ron Miller; so don't think about getting Disney shares in me."

The old guy is still as stubborn as ever, but this is an open secret in Hollywood. Many people thought that after his father Roy Sr. retired, Roy Jr. would naturally take over the Disney Company. But what people didn't expect was that Roy Sr. directly transferred the CEO position to his younger brother and son-in-law Ron Miller.

Rather than being selfless, it is more about having no confidence in his son's ability and thinking that he cannot lead the Disney Company well.

Not taking over as Disney CEO was Roy's biggest pain. After all, I have lived in a film family since I was a child and have been a producer myself. I have systematically studied all aspects of film. He is definitely more familiar with the company's operations than Ron Miller, who became a monk halfway.

But even so, his father did not hand over the CEO position to him, and he was certainly not convinced.

Moreover, Roy Sr. passed away two months after retiring. No one can suppress Roy Disney Jr. at all. It was very polite for Spielberg to speak like this, and it gave the great director a lot of face.

Spielberg said with a smile: "Mr. Disney, don't get me wrong. This company is called Disney and it will never change. Therefore, members of the Disney family should hold shares."

"Currently, you hold 11% of the shares of Disney Company, which is not conducive to the development of the company. So what I mean is that you should generously release some of it, so that everyone can work more energetically."

Spielberg and others control more than 50% of Disney shares, and they are still not satisfied. They also asked him to release his shares, but there seems to be no such reason in the world. At this moment, little Roy Disney was a little angry. If you don't wear something so compelling, you will feel like there is someone behind you to support you, and you won't know how much weight you have.

The main reason why Spielberg continues to acquire Disney shares is because of Bao Zixuan. Although Mr. Bao said he didn't want to hold Disney shares, they couldn't say nothing at all. But the equity cannot be too much, 4.99% is a reasonable number. In this way, there is no need to issue announcements and there is no need to attend the board of directors.

And if you want to get into the board of directors, you only need a little money and you can easily do it.

If Bao Zixuan is given a portion according to the current shareholding ratio, then they cannot guarantee absolute control; it is difficult to guarantee their own interests. The relationship with Bao Zixuan is very good now, so it doesn't matter; but who can say for sure what will happen in the future.

Therefore, we decided to acquire as many shares as possible. In this way, no matter how you distribute it, you can deal with it calmly.

Roy Disney Jr. said very domineeringly: "I am not Ron Miller's surname. You may have made the wrong idea. The equity is a family inheritance and will never be sold."

The old man was resolute and had already thought of it before coming here.

In fact, Spielberg himself is not good at this kind of business negotiation, but now everyone has a division of labor; it is better not to show off at all and wait for what is ready.

After adjusting his thoughts, Spielberg said: "Mr. Disney, I know some of your situation. If Disney does not pay dividends in the short term, it may be a problem to repay bank loans. And there are many things that don't need to be explained clearly. I think you understand. .”

Unexpectedly, a great director and artist would actually engage in threatening activities. This made Roy Disney feel incredible. After all, he was very familiar with the man in front of him before. Could it be that he was stimulated by something? Otherwise, how could it become like this?

However, bank loans were indeed his weakness. His father left nothing behind except company shares. Moreover, you have to pay a large inheritance tax in the United States. If you don't want to lose your equity, you can only pay it through a bank loan. Over the years, Roy Disney's life has not been as easy as he imagined.

When I really had no money before, I cashed out part of it through the stock market to repay the loan. But now that the enemies have arrived, selling shares at this time is different from simply surrendering.

But Spielberg already knows his situation. If he doesn't think of a solution, he may not feel better even if the other party uses any means. But I felt very unwilling to sell my shares to outsiders like this, and even felt sorry for my father. At this time, little Roy Disney was in a dilemma.