I’m in Hollywood
Three hundred and fifty agree
Remember [Chinese Website] www. in one second, to provide you with a high-speed text starter. Michael Lynn was stunned for a moment, but he turned his head quickly, with a wry smile on the corner of his mouth. This matter is not a secret. Many old employees from New Line are aware of this matter.
At that time, Michael Lynn hoped that Robert Shea could wait a little longer, because although the new line was far less profitable than Firefly, it was operating well. Firefly, on the other hand, has nothing but the copyright of a few big-selling movies, and is basically just an empty shell. Therefore, Firefly's desire for a new line with a perfect distribution channel far exceeds the new line's demand for Firefly. After dragging on for a year and a half, Firefly will definitely be able to charge a higher price.
After the release of Teenage Mutant Ninja Turtles, Robert Shea expressed his remorse in front of him at a party. If he had followed his advice, once Teenage Mutant Ninja Turtles was successful, the new line of At least double the value, but it's too late to say anything.
Eric, that's true, Michael Lynn admitted without making any excuses.
Eric didn't care about Michael Lynn's indifferent reaction, and said with a smile: Michael, I can probably guess the reason why you stopped Robert from selling the new line in the first place, but he didn't listen to you, do you know why? ?
Michael Lynn looked up at Eric, waiting for the other party to take the initiative.
Because I told him at the beginning that there is not much time left for us non-first-tier film companies. If we don't hurry up and expand to a sufficient scale, we will eventually become the fate of being swallowed up by film giants. Last year, Columbia Pictures was acquired by the Sony consortium. Acquisition, the parent company of Universal Pictures is about to be acquired by Japan's Panasonic consortium, and at the same time, Warner Pictures and Time Media have merged into Time Warner, and the integration of this department proves what I said last year.
Eric, I don't quite understand. Michael Lynn said suddenly.
No, you can definitely understand, Eric said: You should see the purpose of my acquisition of the new line. My original plan was very clear about the division of labor for Firefly, and Robert was in charge of the company's operations. In charge of film distribution, To expand Firefly's distribution network to the world in the shortest time, and I will be in charge of production. From the beginning, my goal was to expand Firefly as soon as possible, and then expand, but Robert is now going the wrong way.
Michael Lynn lowered his head, reluctant to look at Eric's burning eyes, because those eyes did not have the childishness of a young man who just turned 20. Instead, there is a sense of oppression from the superior.
A piece of confetti fell on his knee at some point. It looked very conspicuous on the gray trousers. Michael Lynn raised his arm and patted it again. The confetti stuck to the fabric stubbornly, so he gave up.
Michael,
I know you and Robert have always been very good friends, so I hope you can talk to him about it, it's not convenient for me to be there in person. Because it would create a misunderstanding between me and Robert. But you are different. You are old partners who have been working together for more than ten years, so he should be able to listen to you. As long as he can focus all his energy on what he should be doing, I can even transfer part of the equity to him.
It's useless, Eric, Michael Lynn finally raised his head and said seriously, I have worked with Robert for so many years, so I know his character very well, and this matter is of no use to me. , Robert and I were able to be friends because I never posed any threat to his power. To put it bluntly, I had no right to speak with him.
Eric put away the tissue sample box in front of him. He took out a document from the next filing cabinet and pushed it in front of Michael Lynn: Then, you can take a look at this first.
There is nothing on the cover. Michael Lynn suppressed some expectations in his heart and turned to the first page.
This is an equity transfer agreement with a quota of 2%. The effective date of the agreement is at the end of the year. Before that, the selling party can suspend the agreement at any time.
Michael, I know you won't have the cash to buy the 2% Firefly shares, but I can lend you such a sum without any legal risk. You must have seen Firefly's financial statements last year, As long as Firefly maintains its current pace of development, you only need two years of dividends to pay off the loan, and then you are one of Firefly's shareholders.
Michael Lynn pursed his dry lips and squeezed the contract in his hands tightly. Although this 2% stake did not seem to be much, according to Firefly's current profitability, he could get close to a thousand shares every year. The $10,000 dividend is several times higher than his annual salary, not to mention the 2% stake itself is worth a lot. From Eric's words, he knew that this share was completely given away.
But there is no free lunch in the world, and taking this share means that he will betray Robert Shea completely and turn to Eric's side, and, not only that, it can be seen from the additional clause that takes effect at the end of the agreement, If Robert Shay goes his own way, Eric will drive him out of Firefly at the end of the year, and what he has to do is to help Eric stabilize the situation of Firefly at that time, and try to prevent Robert Shay from taking a win-win situation. The loss brought about by the move is obviously not an easy task.
Eric, this is not an easy task, Michael Lynn said interferingly after being silent for a few minutes.
Well, fine then, Eric headed, took out a ready-made document from the filing cabinet and handed it over: So, what about this time?
Turning it over again, all the conditions are almost the same, but the transfer share has become 3%.
Michael Lynn twitched the corners of his mouth and wanted to laugh, but felt that the muscles on his face were stiff and uncomfortable. He wanted to throw the document back on Eric's face, but he was not a hairy head. of high spirits.
Eric, I...
That's my bottom line, Michael, and Jeffrey's only 3 percent.
Eric didn't throw out another price this time, because in his heart, Michael Lynn was only worth this price.
He had a detailed understanding of Michael Lynn, who was Robert Shea's classmate at Columbia University, who had a Ph.D., and almost entered the industry with Robert Shea, who has more than ten years of experience in film distribution , After Robert Shea left, Michael Lynn has the strength to take over Robert Shea's position.
And compared to Robert Shea, who has excess desire for power, Michael Lynn doesn't have such great ambitions. A person with such a character is suitable for staying in the seat of Firefly and assisting Eric to develop and grow Firefly.
The top executives of the film company usually get a certain percentage of equity rewards. Just like Eric converted Jeffrey's dividend into 3% equity at the beginning of the year, since Michael Lynn was selected, Eric is equal to the future of the other party. To get something, take it out in advance and sell it for a good price.
Michael Lynn didn't hesitate for a long time, stretched out his hand and flicked the unsightly confetti on his pants, then raised his head and asked with a smile, Eric, aren't you afraid that I don't agree in the end, but instead put this tell Robert?
I rarely do things I'm not sure about, Eric could see that Michael Lynn had made a decision that met his expectations, and said with a relaxed expression: Tell Robert about this, you won't get it Any benefits, I don't think Robert will give you 3% of the shares for nothing, and at that time, I could only risk the firefly's violent turmoil and drive the two of you away together, you think, you can still Create a new line again?
Michael Lynn shook his head with a wry smile: I just think this is too... cruel to Robert.
Hollywood's competition is inherently cruel. If I hadn't survived the turmoil at the beginning of the year, now Firefly has become a vassal of the Seven.
Michael Lynn sighed, found a pen on the desk, and signed his name on the agreement. Eric quickly handed over another agreement. The copy was taken back.
Then, Michael, from now on, I hope that you will use the next six months to take all the resources in Robert's hands into your own hands. I believe that Robert will not be too defensive against you. I don't want Robert to leave. Firefly has any business in a state of stagnation. Of course, as for the old employees of the original new line, I think you will be promoted at the end of the year, and with the generous dividends, they will definitely not choose to leave with Robert.
I understand, Michael Lynn nodded and picked up the agreement in front of him: Eric, if there is nothing else, I will go to work.
Well, Eric shook his head, watched Michael Lynn leave, and finally breathed a sigh of relief, the matter was finally resolved.
The reason why he is so cautious is not that Eric is unfounded. Miramax in his previous life is an example. Because of the conflict with Michael Eisner, the Weinstein brothers left Miramax, which directly led to Miramax's death. The business was at a standstill, and after struggling for a few years, Disney had to shut Miramax. (To be continued)
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