Hollywood Hunter

The same Sunday, Los Angeles.

Michael Owitz had completely read James Rybold's "Today Show" interview at breakfast, and he naturally did not believe in James' ambiguous response.

According to recent news, Daenerys Entertainment is preparing to bid for mca, which is already an indisputable fact.

Originally planned to accompany my family on the weekend, because yesterday "Hollywood Reporter" suddenly exposed Daenerys Entertainment's acquisition intention and today's "Today Show" interview, Ovitz had to continue working on the weekend.

From the second half of last year to now, the caa team has been busy with the mca acquisition for a whole year.

If this acquisition fails, it is not only a year of busy work for the entire team, but also a loss of tens of millions of dollars in consulting fees. These are not what Ovitz is willing to see.

However, Ovitz also understood that the problems he faced at this time were very difficult.

During Panasonic’s initial contact with Ovitz last year, it expressed its willingness to offer a maximum price of USD 9o for the acquisition of mca, which is equivalent to a total transaction value of USD 9.0 billion based on the total share capital of mca approaching 100 million shares.

However, as the Japanese economy has continued to deteriorate over the past six months, Panasonic's attitude has become increasingly conservative.On the other hand, the Kuwait war caused the U.S. stock market to fall across the board. At the close of last Friday, mca’s stock price had fallen to $36, and Panasonic was even less likely to bid another $9o.

The problem now is that the acquisition must be accelerated, while urging Panasonic to further increase the offer for mca.

Less than eight o'clock in the morning, Michael Ovitz arrived at CAA's headquarters in Century City. The members of the core team of the mca acquisition have also arrived. At the same time, there was also the representative of the acquisition, Panasonic's representative Qinggu Yonago.

The meeting to discuss various aspects of the strategy lasted for the whole morning. At noon, Ovitz also had a phone call with Akatsuo Furui, President of Panasonic in Osaka.

After serving as President of Matsushita in 1986, Mr. Furui has been hoping to enter the United States, but he was suppressed by the conservative Matsushita founder Konosuke Matsushita before last year.

However, what disappoints Ovits is that Akio Furui did not accept his proposal to increase the price per share to $75 as soon as possible to complete the transaction, and did not intend to abandon the acquisition because of competition from Daenerys Entertainment.

After a busy morning, I finally decided to start a new round of consultations with mca next Wednesday to further discuss the details of the acquisition.

After lunch, send away Kyogiya Yoshiko, a core member of the mca acquisition team, Michael Ovitz, Bob Goldman, one of caa’s financial directors and co-founders, and two other executives Sandy Kleeman and Ray Ketzman returned to the meeting room in the morning again.

Panasonic's acquisition attitude is not firm enough, which makes everyone frown.

Everyone gathered around the conference table and waited for the secretary to leave the coffee and left. Bob Goldman suddenly said: "Many people in Hollywood shouldn't want to see Daenerys entertaining anymore."

Sandy Kliman, who assisted Ovitz in creating the caa corporate agency business, said: "So what, do you think now Warner, Fox, MGM, and Colombia will jump out to oppose this acquisition?

In this summer, "Dreaming with the Enemies" and "Cradle Hand" in the 1o film project of Daenerys Entertainment have been successful, not only Fox and Disney have benefited from it, Warner, MGM, Columbia and other companies Both have close cooperation with Daenerys Entertainment.

Ray Ketzman said at this time: "There are also Paramount, "Rocket Expert" and "Firebird Strike" two projects failed, Martin Davis must be very dissatisfied with Westeros."

Sandy Kleeman said: "Just the Paramount family is not enough."

Bob Goldman said at this time: "You made a mistake. It is not necessarily the same industry company that can prevent a studio from being annexed. I mean, the three major unions in Hollywood."

Bob Goldman's voice fell,

Daenerys Entertainment had a conflict with the American Screenwriters Union two years ago because of the strike. Now Simon Westeros continues to suppress star compensation through long-term contracts and strictly controls the cost of film production on a budget. The studio exhibition is favorable, but it obviously damages the interests of the Hollywood Screenwriters Union, Directors Union and Actors Union.

What's more, for two consecutive years, Daenerys Entertainment has accounted for most of the top ten in the US box office list. Such a market share, if it merges with MCA, has obviously constituted a suspected monopoly.

If the three major labor unions file a lawsuit against the Federal Department of Justice at the same time, coupled with the cooperation of Hollywood studios such as Paramount, it is highly likely that the acquisition of Daenerys Entertainment will be prevented.

"I remembered that proposal by Senator Peter Briger of the Texas Republican Party last Wednesday," Ray Ketzman soon mentioned another thing, seeing the other three eyes confused, saying: "I'll wait for someone to collect a piece of information for you. In short, the White House should now have no interest in Westeros. In this case, the Justice Department may not easily apply for the acquisition of mca through Daenerys Entertainment."

"And last year, Dustin, Cruise and them."

"Matthew Broderick, do you remember that young man?"

"..."

"..."

The four people talked about it for more than ten minutes, and Michael Owitz quickly made a decision, saying: "Bob, you are more familiar with Martin Davis. Ask him to talk as soon as possible. Sandy and Ray, the two of you are in charge of contacting Washington. I will personally communicate with the three major unions and Dustin."

Finalizing these, the four quickly began to act separately.

Turned around in the weekend.

Monday, September 1o.

Following last Saturday's "Hollywood Reporter" exposed Daenerys Entertainment's intention to acquire mca, the "Wall Street Journal" also exposed the progress of the mca acquisition on Monday, saying in a nutshell that the Panasonic acquisition team will formally begin on this Wednesday. negotiation.

Michael Ovitz directly called Lu Wasalman's house after the "Wall Street Journal" news came out, accusing the other party of leaking the news and threatening to cancel Wednesday's agenda.Lu Wasalman's accusation of Ovitz firmly denied that after several disputes, the meeting on Wednesday will be held as usual.

However, after continuous media reports, the news that Daenerys Entertainment and Panasonic may bid for the mca is completely on the table.

On Monday morning, just after the North American stock market opened, mca's stock price began to rise sharply.

After a day of trading, as of the afternoon closing, mca's stock price has skyrocketed from $36.75 at the opening to $41.25, an increase of 12%. By the close of Wednesday, mca's stock price has risen to $46.75, which has basically returned to the level before the Kuwait war broke out .

Because of the jet lag between the east and west coasts, when the senior executives of Panasonic and mca concluded Wednesday's negotiations, the East Coast stock market has closed.

Moreover, things are showing signs of a sharp turnaround.

mca president Sid Zinberg bluntly slacked the offer at the cloth meeting after the talks. The recent share price of mca was seriously underestimated due to force majeure factors. If Panasonic refuses to increase the offer, the transaction between the two parties may be stranded. .

At the same time, Sid Simberg said at the cloth meeting that mca is a very good company, and he very much looks forward to other companies interested in this company.

The purpose of this last remark is obvious.

The media subsequently continued to expose more specific details of the talks.

The chairman of mca, Sid Zinberg, expects a price of US$8o per share, but Panasonic is only willing to give a quotation of US$6o per share. The gap between the two parties is huge, so the talks were overwhelming.

Because of the failure of this meeting, the rally of mca stock slowed down significantly the next day.

Although it is clear that Panasonic cannot simply abandon the acquisition so easily, and mca will not easily chase away Panasonic, a competitor who can push up its share price, many people still turn their attention to Daenerys Entertainment, looking forward to Simon’s shot .

After avoiding the limelight that the Forbes rich list had focused on for the first week, Simon remained in New York this week.

When news of the apparently stalemate came after the first public talks between Panasonic and mca, Simon dropped his mind completely and waited patiently for the right time.During this time, Janet personally helped him to select and arrange events such as meal narration, reception, party and so on.

It is almost impossible to accumulate a huge net worth without a corresponding network, and it is not a wise move to completely hand over the network to the executives of its companies to take care of it.

Every time Simon goes to Melbourne, Johnston's family will arrange similar activities for Simon to participate in. Janet completely inherits the family's vision and skills in building a network of contacts. Women can help Simon avoid many useless communication by virtue of instinct. Socializing does not require blindly groping around in various circles like many new rich people.

In order to further confuse the media and the public, Simon also participated with great fanfare in the party hosted by Steve Ross at his home in East Hampton, Long Island.

Immediately after that, there was news in the media that Daenerys Entertainment might seek to merge with Time Warner.

Everyone in the circle knows that Steve Rose is a very powerful person, and Simon will also not let go of control of Daenerys Entertainment, so the possibility of the two companies merging is very low.However, in this world, there are always more people who do not know the truth.

After related news appeared, Time Warner's stock price also began to rise.

Neither Daenerys Entertainment nor Time Warner have clarified this. Simon is to confuse the audience. Ross hopes that Time Warner will show some good things, even if it is a fake good thing, it can make this Time Warner master body. The pressure has been reduced a lot.

After completing the Time Warner merger at the beginning of this year, due to internal management struggles, the deterioration of the external economic situation, and a substantial increase in corporate debt, the synergies expected by the parties before the merger of Time Company and Warner Brothers were one plus one greater than two It didn't appear, Time Warner's stock price fell all the way.

At present, Time Warner, a media giant with total assets close to US$2.5 billion, has a market value of more than US$800 million, but its debt exceeds US$100 million.Compared with before the merger, when Paramount Communications tried to intercept Hu's acquisition, it only raised the price of $107 million for Time Company.

In recent months, some media have compared the Time Warner merger with the previous year’s Reynolds Nabes merger.

Frankly speaking, because Time Warner's internal situation is too complicated, even if Steve Rose is willing to sell this company, Simon will not easily take the shot.

Two weeks after the disturbance, Simon left New York again on September 17 and flew to San Francisco on the west coast.

A few days ago, in order to maintain Larry Ellison's control of Oracle as a bargaining chip, he once again exchanged a total of seats on the company's board of directors, and Carol Bartz, who is in charge of the software business of Igret, was appointed. Simon and Not aimless.

The use of database software on Internet sites is very extensive. Carol Bartz as Oracle director can further strengthen the association and cooperation between Oracle database software and Igreat's World Wide Web technology.

On the other hand, Oracle's upcoming layoffs are mainly concentrated in the software sales department.As it happens, Carol Bartz is building Igreat’s software sales network, and this time it is possible to come from Oracle with a group of available sales department employees who are “nearby”.

Although Oracle has made major mistakes in its sales strategy in the past two years, the rapid growth of its performance is undoubted, which is largely due to the Oracle sales team.

In addition, Carol Bartz was inspired by Simon's memo about the concept of'cloud computing' left in the Igreat company's memo, hoping to make Igrete's software department into a one-stop web-based Technical Internet site technical support company, to provide users who want to build a website to provide a complete set of solutions involving hardware and software, rather than simply selling related software products.

Different from the original time and space, Igrid almost monopolized the patents related to the World Wide Web at this time.

Although Simon maintains an open attitude as much as possible, considering the explosive growth of websites based on World Wide Web technology in the next few years, just thinking about it, Simon realized that if Carol Bartz’s vision was realized, it would mean What a huge benefit.

Moreover, this is definitely not something that the Igreat family can accomplish, and it must combine all the new technology enterprise resources of Westeros.

Of course, this plan cannot be achieved overnight.

Simon rushed to San Francisco, in addition to listening to Carol Bartz's business plan, but also to reconcile the dispute between Carol Bartz and Jeff Bezos.

The last time that Igrid injected US$50 million in funds, Simon distributed the US$35oo million to the network department. Carol Bartz believes that his own software department is the most important at this stage and should be divided. To get more money, so after Simon left last time, he and Jeff Bezos'struggle reasonably' and wanted to split the money.

Carol Bartz and Jeff Bezos are very strong characters, and even months after they joined the office, they have even marginalized Tim Berners Lee, the seat executive, to the technology. The status of officials.

Tim Berners-Lee is a kind of technical house character similar to Apple founder Steve Wozniak, and now he really can’t control his two nominal subordinates, so he very simply Do not participate in the dispute between the two, and concentrate on the research work of a series of web technology projects that he is responsible for.

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