Hollywood Hunter

Chapter 546 Stalemate

Daenerys Entertainment is the biggest winner of this Oscar, but Simon only quietly left for an hour at the Melisandre party.

Like a scientist who won the Nobel Prize, he was destined to be not excited about a little red flower in the kindergarten.

Over the years, from Sundance to Cannes to Oscar, Simon has accumulated enough honor in the film.More importantly, at the current height of Simon, Oscar has hardly attracted much attention from him.

The next day, the media was clamoring as usual.

Only this time, there is not much controversy about the awards of Daenerys Entertainment related films.

The five best film nominations, the best film "Unforgivable" in the original time and space, as an old-school western film, are far less competitive than expected, and the other three are just foils.Therefore, under the strong public relations of Daenerys Entertainment, "Wen Xiang Zhi Xian Zhi" won the best film Xiao Jinren is a breeze.

Al Pacino's best actor is even more deserved.

This Hollywood star who has risen in the 1970s has been nominated for Oscar six times as of "Wen Xiang Zhi Xian Zhi".

Other awards did not cause much trouble.

The media even felt sorry that Daenerys Entertainment's other two outstanding films "Howard Manor" and "Crying Game" only received a few non-core awards.

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

After the Oscars, time soon turned into April.

On the other side of Europe, Melissa Sandra’s acquisition of Christie’s auction house was officially exposed.

Regarding this matter, the British media generally showed a gesture of resistance, thinking that Christie’s was an iconic company representing the historical position of the UK in the art collection field, and should not be sold to foreign investors. Some fierce media people even submitted to the UK The government petition banned the transaction.

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

What's more, the British public's reaction to this matter is more inclined to a lively mentality: Christie's, which often auctions tens of millions of pounds of valuable collections, is really far away from them.

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

Therefore, the transaction quickly passed the approval of the shareholder vote.

Melisandre successfully bought Christie's in its pockets. On the North American side, Eaglet's financing plan was not so smooth.

Speaking of that, if you just want to raise money simply, like Joseph Lewis, there are many investors who are willing to eat 10% of Igret's stock at a time, and they almost don't plan to cut prices.

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

When Morgan Stanley and Goldman Sachs both expressed their clear investment intentions, Eaglet proposed two financing plans of 5 percent each, but this caused the dissatisfaction of the two Wall Street investment banks.

Ten percent of Eaglet’s stock is priced at US$1.5 billion. At this price, the average investor can’t afford it, but for the two Wall Street giants, raising funds can still eat it.

Everyone also knows that, with the development momentum of Igreat 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 Igret, with the current capital market's pursuit of technology stocks, it is expected to get at least double the return.

Cisco and AOL are the best proof.

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

However, after several days of consultation, Simon Westero obviously has no intention of giving in.

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

The 10% of the shares sold by Eaglet are still Class A shares with only one-tenth of the voting rights.

In other words, the two investment banks still have no say in Igrid after investing a huge sum of $1.5 billion.

This is also something that Goldman Sachs and Morgan Stanley, which have always been strong, cannot tolerate.

Simon did not make concessions to the dual shareholding structure, but after negotiations, Simon also agreed that after Igerett's IPO, Goldman Sachs and Morgan Stanley will each get a board seat.

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

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

Then came the issue of 1.5 billion US dollars of funds itself.

For this money, the original plan provided by Eaglet Company, 500 million US dollars was transferred to Eaglet Company’s account as financing for the development of Eaglet itself, and another billion dollars was returned to Westeros. All, can be regarded as the sale proceeds of 10% equity.

After all, this share transfer is actually quite accurate if Westero sells 10% of Igret’s shares.

Goldman Sachs and Morgan Stanley will certainly not agree.

Although 500 million US dollars is already a large sum of money, for Igrid, if it is like the previous year, it may burn out in one year.

Once the funds are scarce, another financing must be carried out. At that time, whether it is equity financing or bond financing, the cost will be spread to Goldman Sachs and Morgan Stanley, who have become shareholders of Igrid.

Goldman Sachs and Morgan Stanley's best plan is, of course, that the 1.5 billion US dollars are all credited to the account of Igret.

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

1.5 billion US dollars is, after all, quite a huge amount of capital.

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

In fact, the executives of Goldman Sachs and Morgan were wrong this time.

Simon did not intend to take a slice of the money directly from this huge sum of money. The reason why he proposed this distribution plan is just a bargaining chip.

The Westeros system is not short of money.

This is one point.

On the other hand, if the billion-dollar proceeds from the sale of shares are included in Westeros’ account, it is subject to capital gains tax.

With the federal tax rate at this time, one billion US dollars, it is necessary to contribute 280 million US dollars in taxes to the IRS.

Simon did not intend to make this a good taxpaying citizen.

In contrast, if additional funds are really needed, he is also more inclined to obtain loans from banks.

The more you reach 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 quite a lot for Igrid. Igrid already has enough revenue scale to provide itself with a steady stream of funds, and Simon does not. In order to increase Igrid's plan to burn more money, on the contrary, after this financing, he will further strengthen the financial supervision of Igrid to avoid wantonly squandering.

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

Considering the IPO in 1995, Igrid’s cash reserves will be even more abundant by then.

Too much money is not spent as soon as possible, in fact, it is not a good thing.

Fortunately, Eaglet already has its own venture capital department. Simon's plan, after completing this financing, Eaglet will greatly increase the intensity of foreign investment while making its own development, making it Become one of the important venture capital funds in Silicon Valley.

Malibu, Daenerys Studios.

The time is Tuesday, April 6.

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

At noon, take a female assistant to return to Dumeijia Manor for dinner.

After lunch, the day's work of the female assistant was almost over. She was left by Janet. The two women planned to go shopping together. Simon returned to the cinema. Girl A took over the work of Jennifer.

"Boss, this is a memo from Vice President Al Gore's meeting with executives of major telecommunications companies just this morning from Washington."

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

Simon already knew in advance that Vice President Gore and the heads of major telecommunications companies today's purpose of this meeting is mainly to discuss the matter of increasing investment in infrastructure for the Internet industry by telecommunications companies.

The heads of Verizon Telecom and AOL of the Westeros system attended the meeting.

In the two-year investment of US$400 billion in the Information Superhighway Plan, the share directly funded by the Federal Treasury is actually very small. Only this year, the Federal Treasury’s appropriation for the Information Superhighway Plan is actually only US$650 million.

Most of the investment is still led by private capital under the leadership of relevant federal information industry policies.

Two hundred and twenty billion US dollars may seem very huge, but as long as it is profitable, the capital flowing into this industry is far more than that.

In Simon's memory, during the most turbulent period of the Internet bubble two thousand years ago, more than US$70 billion was invested in new technology in a year, which is not counted as the larger capital of external speculation technology stocks.

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

Today's meeting, Simon is most concerned about, or the White House's tax incentives for new technology.

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

Alison shook her head: "No new news has come."

Without new news, there is no progress.

Simon was not in a hurry.

If Goldman Sachs and Morgan Stanley insist on a compromise, he is not without other options. After all, this transaction is a typical seller's market.

Big deal, 10% of the shares are sold to one of them.

Or choose another investment bank.

These days, as Igerett becomes more and more dazzling, the troubles actually increase.

In a recent report, Igreat's litigation disputes in copyright, patents, and monopolies have reached 11 cases.

The largest of these came from a comprehensive lawsuit under the Hearst Group, which claimed $100 million for the misappropriation of a large number of Hearst’s news, pictures and other content by Igrid.

Traditional media obviously has once again felt the threat of Internet media.

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

However, Eaglet has a plan for this situation.

Although the Internet Haven Act is still lobbying, the Igreat’s user clauses also stipulate accordingly, as long as the copyright party confirms that the content is infringing, it can contact Igrete to take the initiative to delete it.UU reading www.uukanshu.com

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

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

At that time, the Hearst Group had provoked the US-Spain War by virtue of its own power, which shows that this media giant has influence 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 increasingly turbulent Internet media.

It's just that this time, neither Igret or the federal government could let the Hearst Group lead the nose.

After responding to the complaint, while using the media resources of the entire Westeros system to fight back, Igrid quickly provided a large amount of evidence of his own initiative to deal with infringing content, which is enough to prove that Igrid attaches great importance to copyright protection. It's just that the content of the Internet platform is too large, and it is impossible to actively review all the content. If this is necessary, the Internet industry cannot continue to develop.

At the same time, the team of lawyers of Igrid pointed out that after confirming the content infringement, the Hearst Group did not contact Igrid in any way to take the initiative to deal with it, but directly launched "blackmail".

After several battles between the two sides, even when controlled by a large number of media platforms, the Hearst Group still clearly fell out of favor.

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

Bill Clinton is ambitiously using the Internet industry to recover the US economy. Even if the Hirst Group belongs to the Democratic Party and is related to its own political future, this time, of course, it will not allow the Hirst Group to jump out of the mess.