Rebirth of the Strongest Tycoon
Vol 3 Chapter 906: Sudden Invitation (Part 2
"Guys, this is the situation, what do you think?"
In the CAA meeting room, Michael Ovitz told the five partners what Xia Yu had said when he was talking with him, and then shrugged and said, his eyes wandering in the crowd.
Martin Baum, Mike Rosenfeld and others looked at each other and were a little at a loss, but there was one thing in common, that is, everyone felt the tremendous pressure.
For a long time, Mother Martin Bowen frowned and asked: "Michael, are you sure they went to the William Morris agency?"
Michael Ovitz shook his head ugly and said: "I only saw them heading in that direction. I'm not sure if they would go there, but they are indeed from Polaris Capital. You can learn more about Polaris Capital. Look closely, they have this strength."
"I would rather believe that they do have this idea."
Only then did Martin Baomu and others focus on the unopened copy and browsed it carefully.
For a while, the meeting room became quiet again.
Michael Ovitz's gaze was a little ecstatic, he didn't know what he was thinking, but his frowned brow and changing face indicated that he was not at peace.
After about seven or eight minutes, everyone had read the information in their hands, and Martin Bao’s mother no longer entangled whether what Xia Yu said to Michael Ovitz before leaving was true or false.
Polaris Capital has billions of dollars in assets and is a behemoth for them. The boss of this company does not need to lie to them.
And since the boss is really out there, it proves that Polaris Capital Corporation values the brokerage field. They have only two choices for CAA.
One is to accept investment. The benefits are obvious. CAA companies can instantly become rich men, but their equity will shrink.
The second is to become an enemy, but the result is hard to say. It is difficult to guarantee that it will not be deliberately targeted and suppressed. If it does happen, CAA will definitely not be able to handle it.
How to choose?
Martin Baomu actually has the answer in his mind, but he wants to know what everyone thinks.
Feeling that I haven't heard the sound of turning the page for a long time, Michael Ovitz returned to his senses, scanning the faces of everyone for a week, and said: "Everyone has read the information, so we should return to the topic just now. How should we choose?"
"Accept investment or not accept investment?"
The other five looked at each other, expecting the others to speak first.
It's not a problem to drag like this. Michael Ovitz directly called the name, looked at Ron Meyer who was sitting on the left, and said, "Lang, what do you think?"
Lang Meyer thought for a while and said: "In fact, after five years of development, our company has been on the right track, but the shortcomings are also very obvious. All of us here have climbed up from the bottom, and there is no capital support behind them. , The company’s development has slowed down."
"Moreover, the company is getting bigger and bigger, and it is easier to attract the attention of giants in the same field. Then the pressure will increase. Not to mention that we have been targeted by capital now. There are only two choices. So I think that accepting investment is the best choice."
"This is my opinion."
After speaking, Lang Meyer spread his hands, leaned on the back of the chair, and looked at the others.
Michael Ovitz looked at Mike Rosenfeld again and asked, "Mike, what do you think?"
Mike Rosenfeld said with a wry smile: "Michael, do we still have a choice? If Polaris Capital fails to invest in us and does acquire William Morris Brokerage, then our future will be very difficult. The only way is to find A backer who is not inferior to Polaris Capital to contend, but at that time we will lose more initiative, the end will remain the same, and it will be even worse."
"Since we can't escape being invested by capital, why don't we take the initiative?"
Everyone was silent, agreeing with Mike Rosenfeld's analysis in their hearts.
Michael Ovitz did not make a statement, and looked at William Hubble again: "William, what do you think?"
...
After making a statement, there is no doubt that everyone believes that accepting the investment of Polaris Capital is the best result.
Michael Ovitz was in a mixed mood, and he didn't know whether he was relieved or lost.
He cleared up his emotions and said to everyone: "Since everyone agrees to accept the investment, then we will discuss the specific matters."
Three days later.
Xia Yu brought a complete acquisition team such as Gordon Simpson to CAA again. Six people including Michael Ovitz all welcomed him side by side at the door.
After saying hello for a while, everyone came to the conference room to start negotiations.
Michael Ovitz and others had fallen into a disadvantage from the moment they agreed, but they did not give up, all hoping for greater benefits.
On the other hand, Xia Yu grasped the yardstick. Although he was once aggressive, he still maintained a certain degree of restraint.
The success of CAA is inseparable from Michael Ovitz and others, so the cooperation time in the future is still very long, and Xia Yu did not increase the risk of cooperation in order to save millions of dollars.
In the end, after an hour of negotiation, the bottom line of the two parties finally overlapped, and the negotiation was completed in one go.
Xia Yu gave CAA a high valuation of 40 million U.S. dollars, and Polaris Capital injected 38.4 million U.S. dollars into CAA for the expansion of CAA.
In the original CAA company’s equity structure, Michael Ovitz held 25% of the shares, and the remaining five held 15% each.
After the capital injection, the equity structure of CAA is: Polaris Capital holds 49%, Michael Ovitz holds 12.75%, and the other five people hold 7.65%. .
As long as the six Michael Ovitz remain one mind, then the control of CAA will remain in their hands.
Of course, the agreement also stipulates that Polaris Capital has the first right to acquire the equity transfers of the six of them, and the six of them also have the first right to acquire the CAA equity of Polaris Capital.
Finally, it is the company's personnel system and salary system.
There is no change in personnel, and Michael Ovitz is still the president.
But Michael Ovitz’s annual salary has increased from 300,000 U.S. dollars to 500,000 U.S. dollars, and the salaries of others have also risen to 400,000 U.S. dollars.
...
After the contract was signed, Xia Yu, with a kind smile on his face, shook hands with Michael Ovitz and said: "The funds will be transferred to the company's account within three days."
"From now on, we are a family, and I can tell you some things in advance."
"Polaris Capital will make a big difference in the film industry. It is now acquiring eight giants and will also enter other entertainment fields in the future. At that time, the business will be CAA."
"At present, I have a script, and I plan to invest more than 20 million US dollars after the acquisition of the film company to shoot water loss. At that time, the actor's agent will be CAA company."
"But before that, you have to find a way to help me contact Steven Spielberg, he needs to be filmed for this movie."
The series of bombs thrown by Xia Yu made Michael Ovitz and the others dizzy. When he reacted, he couldn't help being surprised and felt from the bottom of his heart that accepting Polaris Capital's investment was not a loss.
He immediately seized the opportunity and said: "Mr. Xia, I will start to expand the company immediately. As for director Steven Spielberg, he was filming in Hawaii last month, which was jointly filmed by Paramount and Lucasfilm. "Bao Qibing", it should be almost finished now, I will contact him first."
Xia Yu nodded slightly and said, "Well, the script has been finalized and it has been registered. I will send it to you tomorrow. You can find a chance to give Steven Spielberg. If he wants to shoot, you Notify me again."
"Ok."
...
After ~www.readwn.com~ Michael Ovitz convened all the employees of the company for a meeting and announced to everyone that CAA had accepted the capital injection from Polaris Capital. All employees were delighted.
Backed by capital giants, CAA has solved the biggest shortcomings, and the future will be brighter.
After Xia Yu dispatched personnel to CAA for supervision, he was left to run by Michael Ovitz and others.
With his help in this life, CAA will rise faster than the previous life.
In the next few days, Xia Yu did not interfere with other acquisitions, but sorted out various investments in the company and did a good job of checking.
On November 25th, an exquisite and elegant invitation was presented to Xia Yu, who could not help but say that he was ready to go.
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