Chaos Clock
Chapter 35 Dawn Entertainment
When Dawn was brought to Dawn Building by Happy, they walked towards the chairman's office.
Dawn Tower is a 36-story building that was built last year. Of course, given the size of Dawn Entertainment, it will definitely not be able to use it all, and the rest has been rented out.
When I arrived at the office, I turned on my phone for half an hour. I heard a knock on the door and said, "Come in," and turned off the phone. Then I saw Robert Egger walking in and said, "Chairman, why didn't you notify me when you came? I didn’t know you were here until after the meeting.”
"It doesn't matter, work is important, I just came to take a look, by the way, do you need any help? Is everything going well at work?" Dawn said nonchalantly.
"Everything is going very well. With the script you gave me, the movie is basically a hit, and the just-released "The Matrix" has exploded both in terms of word-of-mouth and box office.
TV series, especially sitcoms, such as "Friends", "The Big Bang Theory", "Broke Sisters" and other TV series you gave me, have always had stable ratings?
The copyright of the variety show "Who Can Be a Millionaire" was sold all over the world, and the copyright of the talent show "American Idol" was also promoted around the world, so everything was very successful.
The distribution channels in North America are now very complete.
Animated movies have been released since "Toy Story" and "Cars" has been released, and the peripheral sales are very hot.
The two cartoons "Peppa Pig" and "SpongeBob SquarePants" have entered an explosive period in terms of copyrights and peripherals, so now the company's cash flow is very sufficient and everything is going smoothly. I am just wanting to talk to you about the acquisition of MGM Case".
“Are MGM shareholders willing to sell?”
"Although they are a little arrogant, there is still talk of a sale, but they all require stock exchange, otherwise they will not agree to sell, and the price is a bit outrageous," Robert Egger said.
"Haha, these people won't shed tears until they see the coffin. Don't worry about them. Talk to them again in the second half of next year. Then they will beg us." Dawn said.
"Oh? What's going to happen next year?" Robert Egger said.
"Robert, I told you at the beginning of the year that all the company's funds in the stock market must be withdrawn before the new millennium. How are you doing?" Dawn did not answer him, but asked.
"After you said it at the beginning of the year, we held a special meeting to discuss it. Although we didn't understand it, we still made a plan. Now we have withdrawn about 40.00%, and we will definitely be able to complete the withdrawal before the new millennium," Robert said.
"Well, it's going well, Robert. Don't you think the stock market is a little too crazy? When you go out on the street and everyone is talking about how profitable the stock market is, I think there is no need for us to get involved. , what do you think?" Dawn said.
"You mean the stock market will crash in the first half of next year?" Robert was a little frightened.
"I didn't say that. I just said that when everyone is making money in the stock market, where does the money come from? It can't be printed out like crazy by the Federal Reserve," Dawn said.
"I think the company's strategy should be adjusted. It seems that winning MGM is not as difficult as imagined," Robert said.
"It's not that easy. Mr. Gambling King still values the hotel very much. Haha, Gambling King is a person who came from the Meyer era after all, and he still values the MGM brand very much.
Robert, you said that we only want to buy United Artists, a subsidiary of MGM, and MGM's film library, and at the same time agree to Mr. Gambling King's use of these in his own hotel business, do you think he will sell it to us?", said En asked.
"Chairman, I think it's unlikely, because although MGM has diversified its development, think about it, once MGM loses its film library, does it still need to exist in addition to the hotel department?" , Robert said disapprovingly.
"Haha, I take it for granted. Although MGM's film library is not necessarily the most valuable film library now, it has witnessed the glory of Hollywood for half a century, especially films such as "Gone with the Wind", "The Blue Bridge" and "The Blue Bridge". Ben-Hur" and "Tom and Jerry", this is definitely an immortal monument in the history of film and animation
Robert, you said that Meyer can become a veritable king of Hollywood with MGM behind him, and has controlled Hollywood for decades. MGM also holds "007", a movie IP that has more episodes than TV series. Why? Are you always losing money?
You see, all of our movies are hits. Except for "007", which won a consolation prize, the rest of their movies are a mess. Is it really just the management's fault?
If the acquisition is successful, you must think carefully about it. If it doesn't work anymore, we will split it and sell it. Keep the film and media related ones, and let the other ones go away. We can't let it bring down Dawn Entertainment. ”.
"I will, Chairman," Robert Egger said.
"How much does it cost to buy MGM?" Dawn asked.
"MGM's debt crisis has always been serious. If the stock market crashes next year, it may even go bankrupt and reorganize. Even if it doesn't go bankrupt, most of the money we spent to acquire MGM will actually be used to repay debts.
If we fully acquire the capital and assume debt, it will cost about US$35 to US$40 billion, but we can pay off the debt slowly and pay less tax, so the actual funds we need to spend are only US$15 to US$20 billion." , said Robert.
"Okay, then acquire it, Robert. I don't ask you to become Meyer. Well, it's impossible for the next Meyer to appear now, but you must at least keep its name as one of the seven," Dawn said. .
"Don't worry, Chairman, I still have this confidence," Robert said.
"After the acquisition is completed, I will give you a few big-budget scripts to try to become a hit. In this way, creditors will have confidence in us and will not press for debts. Also, debt-for-equity swaps will never be allowed to happen. , you should pay attention to this when reviewing the contract," Dawn said.
"Don't worry, Chairman, our company can operate so efficiently because most of our equity is concentrated in the hands of you and Mr. Stark. I will not let random people get the equity." Robert Egger said.
Damn, these two bosses are so good now. They don’t even come to the company for half a year. They can do whatever they want. Except for cooperating with KPMG’s twice-annual review, everything else is decided by themselves. Is there really anyone else? Come on, isn't that a power grab?
Even for the rights in your hands, you cannot let just anyone get the equity.
Robert is not greedy for money, nor is he very greedy for power. He is a man with ideals. What he is afraid of is the kind of people who are guided by laymen and blindly give orders when they clearly don’t understand. If they get power, then just dealing with them will waste a lot of money. Heap time.
"I have nothing to do with the rest. By the way, the management salary can be raised. We will soon be one of the top seven, so we can't be petty.
You can discuss this matter. I am still optimistic about you. You have done well in the past few years. In addition to the dividends, I will reward you with three points of original shares, so that you will be the third member of Dawn Entertainment in the future. A major shareholder."
Dawn Tower is a 36-story building that was built last year. Of course, given the size of Dawn Entertainment, it will definitely not be able to use it all, and the rest has been rented out.
When I arrived at the office, I turned on my phone for half an hour. I heard a knock on the door and said, "Come in," and turned off the phone. Then I saw Robert Egger walking in and said, "Chairman, why didn't you notify me when you came? I didn’t know you were here until after the meeting.”
"It doesn't matter, work is important, I just came to take a look, by the way, do you need any help? Is everything going well at work?" Dawn said nonchalantly.
"Everything is going very well. With the script you gave me, the movie is basically a hit, and the just-released "The Matrix" has exploded both in terms of word-of-mouth and box office.
TV series, especially sitcoms, such as "Friends", "The Big Bang Theory", "Broke Sisters" and other TV series you gave me, have always had stable ratings?
The copyright of the variety show "Who Can Be a Millionaire" was sold all over the world, and the copyright of the talent show "American Idol" was also promoted around the world, so everything was very successful.
The distribution channels in North America are now very complete.
Animated movies have been released since "Toy Story" and "Cars" has been released, and the peripheral sales are very hot.
The two cartoons "Peppa Pig" and "SpongeBob SquarePants" have entered an explosive period in terms of copyrights and peripherals, so now the company's cash flow is very sufficient and everything is going smoothly. I am just wanting to talk to you about the acquisition of MGM Case".
“Are MGM shareholders willing to sell?”
"Although they are a little arrogant, there is still talk of a sale, but they all require stock exchange, otherwise they will not agree to sell, and the price is a bit outrageous," Robert Egger said.
"Haha, these people won't shed tears until they see the coffin. Don't worry about them. Talk to them again in the second half of next year. Then they will beg us." Dawn said.
"Oh? What's going to happen next year?" Robert Egger said.
"Robert, I told you at the beginning of the year that all the company's funds in the stock market must be withdrawn before the new millennium. How are you doing?" Dawn did not answer him, but asked.
"After you said it at the beginning of the year, we held a special meeting to discuss it. Although we didn't understand it, we still made a plan. Now we have withdrawn about 40.00%, and we will definitely be able to complete the withdrawal before the new millennium," Robert said.
"Well, it's going well, Robert. Don't you think the stock market is a little too crazy? When you go out on the street and everyone is talking about how profitable the stock market is, I think there is no need for us to get involved. , what do you think?" Dawn said.
"You mean the stock market will crash in the first half of next year?" Robert was a little frightened.
"I didn't say that. I just said that when everyone is making money in the stock market, where does the money come from? It can't be printed out like crazy by the Federal Reserve," Dawn said.
"I think the company's strategy should be adjusted. It seems that winning MGM is not as difficult as imagined," Robert said.
"It's not that easy. Mr. Gambling King still values the hotel very much. Haha, Gambling King is a person who came from the Meyer era after all, and he still values the MGM brand very much.
Robert, you said that we only want to buy United Artists, a subsidiary of MGM, and MGM's film library, and at the same time agree to Mr. Gambling King's use of these in his own hotel business, do you think he will sell it to us?", said En asked.
"Chairman, I think it's unlikely, because although MGM has diversified its development, think about it, once MGM loses its film library, does it still need to exist in addition to the hotel department?" , Robert said disapprovingly.
"Haha, I take it for granted. Although MGM's film library is not necessarily the most valuable film library now, it has witnessed the glory of Hollywood for half a century, especially films such as "Gone with the Wind", "The Blue Bridge" and "The Blue Bridge". Ben-Hur" and "Tom and Jerry", this is definitely an immortal monument in the history of film and animation
Robert, you said that Meyer can become a veritable king of Hollywood with MGM behind him, and has controlled Hollywood for decades. MGM also holds "007", a movie IP that has more episodes than TV series. Why? Are you always losing money?
You see, all of our movies are hits. Except for "007", which won a consolation prize, the rest of their movies are a mess. Is it really just the management's fault?
If the acquisition is successful, you must think carefully about it. If it doesn't work anymore, we will split it and sell it. Keep the film and media related ones, and let the other ones go away. We can't let it bring down Dawn Entertainment. ”.
"I will, Chairman," Robert Egger said.
"How much does it cost to buy MGM?" Dawn asked.
"MGM's debt crisis has always been serious. If the stock market crashes next year, it may even go bankrupt and reorganize. Even if it doesn't go bankrupt, most of the money we spent to acquire MGM will actually be used to repay debts.
If we fully acquire the capital and assume debt, it will cost about US$35 to US$40 billion, but we can pay off the debt slowly and pay less tax, so the actual funds we need to spend are only US$15 to US$20 billion." , said Robert.
"Okay, then acquire it, Robert. I don't ask you to become Meyer. Well, it's impossible for the next Meyer to appear now, but you must at least keep its name as one of the seven," Dawn said. .
"Don't worry, Chairman, I still have this confidence," Robert said.
"After the acquisition is completed, I will give you a few big-budget scripts to try to become a hit. In this way, creditors will have confidence in us and will not press for debts. Also, debt-for-equity swaps will never be allowed to happen. , you should pay attention to this when reviewing the contract," Dawn said.
"Don't worry, Chairman, our company can operate so efficiently because most of our equity is concentrated in the hands of you and Mr. Stark. I will not let random people get the equity." Robert Egger said.
Damn, these two bosses are so good now. They don’t even come to the company for half a year. They can do whatever they want. Except for cooperating with KPMG’s twice-annual review, everything else is decided by themselves. Is there really anyone else? Come on, isn't that a power grab?
Even for the rights in your hands, you cannot let just anyone get the equity.
Robert is not greedy for money, nor is he very greedy for power. He is a man with ideals. What he is afraid of is the kind of people who are guided by laymen and blindly give orders when they clearly don’t understand. If they get power, then just dealing with them will waste a lot of money. Heap time.
"I have nothing to do with the rest. By the way, the management salary can be raised. We will soon be one of the top seven, so we can't be petty.
You can discuss this matter. I am still optimistic about you. You have done well in the past few years. In addition to the dividends, I will reward you with three points of original shares, so that you will be the third member of Dawn Entertainment in the future. A major shareholder."
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