The Best Entertainment Era
Chapter 507 Film Copyright
Hearing Robert Iger's words, Jean-Pierce was a little surprised, and said directly: Vivendi is selling the entire Universal Pictures Entertainment Group business.
Robert Iger repeated the old saying: 13 billion US dollars, Relativity Entertainment can't afford it, and your side is unwilling to make concessions, so we can only withdraw.
This is not the result that Jean-Pierce wanted. There is a huge price difference between the bidding of multiple companies and the acquisition of one company. Like this kind of transaction, a few percent is hundreds of millions of dollars.
Comcast is already retreating, saying that he will hold back the theory of relativity entertainment, even if it is temporarily deceived, he must coax the theory of relativity entertainment away.
Besides, is this called cheating? This is a strategic game in the interests of Vivendi.
Jean-Pierce frowned, and asked, Bob, we have not met once, we are familiar with each other, can you give me the bottom line, what is the highest bid for Theory of Relativity Entertainment?
Robert Iger has no financial confidence, but has the confidence of strategic fraud, and slowly raised a finger: 10 billion US dollars.
The value of Universal Pictures lies here, and an asking price of less than US$10 billion is obviously unrealistic.
Jean-Pierce certainly wouldn't believe Robert Iger's asking price, but he also knew that the distance from Relativity Entertainment's psychological bottom line would not be too big, and said: The price difference of 3 billion dollars...
He couldn't help shaking his head and said, You have many financing channels.
Robert Iger smiled: If you are willing to give me a year, no, as long as ten months, there must be no problem with the financing of Relativity Entertainment, but you can't wait so long.
Due to its own rapid expansion, Vivendi has serious problems. Not only Universal Pictures, but also several games including Blizzard have problems, and even took the opportunity to propose the idea of buying out the controlling stake and becoming independent.
The huge Vivendi may fall apart without sufficient funds.
Is it possible to give up other businesses and go back to do water work with peace of mind? How can doing business compare to the rapid expansion of capital operation.
Jean-Pierce will not talk about these situations, but he knows it well, but it is not easy to delay the entertainment of Theory of Relativity.
Robert Iger added: Our differences are too big.
This is to quit? Jean-Pierce could hear it,
He couldn't help saying: We can talk slowly. His heart moved, and he asked: Can you talk about the split acquisition you just mentioned?
Robert Iger organized his language a little bit, and said: Jean, if you have known about Relativity Entertainment, you should know that we are in the film and television production and distribution business. Relativity Entertainment is really interested in Universal Pictures Entertainment Group, and it is also the film and television business. If you alone Split it out...
Vivendi really agreed to split up and simply acquire Universal Pictures, and Relativity Entertainment can give it a try even if it is risky.
Jean-Pierce laughed suddenly. He couldn't even lie about such absurd things. That's not deception, it's treating the other party as a fool: You know, there is no such possibility.
It's okay for Universal Music to spin off the best quality business, but who wants other ordinary businesses? He added, Bob, with all due respect, we're talking about a huge deal.
Robert Iger was somewhat disappointed, but his ability to adjust was excellent, and he didn't show it at all. He said: In fact, there is no shortage of film and television production and distribution channels, and Relativity Entertainment is not lacking. We are not interested in these businesses of Universal Pictures. Take them with us now. There is a high degree of overlap in some businesses, and how to solve it is quite troublesome.
Jean-Pierce, while learning about Relativity Entertainment's continuous fundraising initiatives, has also learned about the company's situation, knowing that the production and distribution business of the other party is extremely strong.
Robert Iger seemed very straightforward: Relativity Entertainment has only one huge natural disadvantage in terms of film and television business.
Thinking of the time when Relativity Entertainment was established, Jean-Pierce immediately understood, his eyes could not help but focus, and said: You mean the copyright of the film library?
Robert Iger smiled like a friendly Mickey Mouse: Yes. The film library is the biggest strength of the film company. The establishment of Relativity Entertainment is too short, and there are only dozens of movies in the film library.
Jean-Pierce also understood the importance of the film library, but unlike the previous one, he began to consider whether it was feasible.
Relativistic entertainment only has a film library, and those old movies have little impact on acquisitions. Robert Iger said: NBC's acquisition of Universal Pictures requires a platform for the various entertainment industries of Universal Pictures Entertainment Group from production to distribution...
Jean-Pierce raised his hand to stop Robert Iger: I am very aware of the importance of the film library, and Vivendi will not do it alone.
Robert Iger sighed, his face full of disappointment: Jean, please think about it more.
Jean-Pierce smiled and shook his head: Bob, none of your requirements can be met.
Strip off Universal Pictures, which owns thousands of film copyrights, is it still Universal Pictures?
Robert Iger was silent again, and Jean-Pierce was also thinking about countermeasures.
From the type of company to the operating system to its own strength including financing, there are actually very limited companies that really want to win Universal, and Relativity Entertainment is undoubtedly one of them.
Robert Iger has been leading a team to create momentum for the acquisition recently. What he said just now is not only a test, but also a psychological reserve price to suppress the other party. He also wants to see if there is any possibility.
If you can buy Universal Pictures' film library, you can laugh out loud in your dreams.
But Jean-Pierce refused very simply, and Vivendi obviously didn't want to take such a big risk.
There are thousands of film copyrights in Universal Pictures' film library. Robert Iger felt that the timing was almost here: This huge film library constitutes the film and television copyright system of Universal Pictures. Together, it is the value of the film library. where.
Jean-Pierce smiled and didn't answer Robert Iger's words, but he knew it was the truth. The so-called movie library, like Relativity Entertainment, even though there are many successful movie copyrights, but only dozens of movies can be called a movie library. ? Actual value is limited.
Robert Iger looked at Jean-Pierce and said slowly: What if Relativity Entertainment only has the copyright of a few films? At most a dozen.
This was surprising, Jean-Pierce was a little surprised, but at the same time he raised his vigilance, because such a request is unreasonable no matter how you look at it.
He simply asked: What movie rights do you want?
Robert Iger said directly: The Mummy, The Invisible Man, Dr. Jekyll, Frankenstein, Bride of Frankenstein, these Universal monster movies.
Jean-Pierce said: These are well-known movies and characters.
Robert Iger nodded, and said: There is also the Jurassic Park series.
You guys have such a big appetite! Jean-Pierce obviously lost his composure when he heard this name.
Robert Iger didn't care: The copyright of Hulk that failed miserably at the box office, and the Fast and Furious that has already been filmed in two. Add up and only involve a dozen copyright transactions.
Those above are the conditions for bargaining, and the latter three are the real goals.
Ronan once told him about these copyright plans. The Hulk is an important member of the future Avengers plan. It doesn't matter that Jurassic Park 3 almost killed this series, and it can be restarted in the future.
Fast and Furious is a pity.
A long time ago, Ronan had a similar idea, and it turned out that Universal Pictures had already registered the copyright of a similar script. At that time, there was no Relativity Entertainment, and there was only Shahai Entertainment, which had never even produced a theater movie. I dare not touch any copyright-infringing projects, otherwise, a lawsuit from Universal Pictures would bring about the disintegration of Shahai Entertainment at that time.
Jean-Pierce asked: Why do you want these film rights?
Robert Iger said: These movies, except for The Mummy and Fast and Furious, are all silent movies. Relativity Entertainment wants to revitalize them. We are better at filmmaking.
The other party can guess this kind of thing if they think about it, and they can't hide it.
Jean-Pierce thought about it quickly. In the previous transactions of Universal Pictures, the film library has never been calculated for a certain film or a certain series of films, and they are all packaged and sold as a whole...
Vivendi needs Relativity Entertainment to continue to participate in this competition, can it think of a way out of it?
Robert Iger saw that Jean-Pierce did not directly refuse, and simply said: Relativity Entertainment is willing to invest 200 million US dollars to buy the copyright of these films. Jean, if you deal with NBC in the future, what NBC values is the entire Universal Pictures Entertainment Group This huge platform, rather than a single film copyright, will basically not affect future transactions, but the film copyright you split out can generate an additional US$200 million in revenue.
He solemnly said: The 200 million US dollars is very likely to be extra income. 200 million US dollars is not much, but it is enough to solve Blizzard's liquidity.
This said to Jean-Pierce's heart, in the current situation of Vivendi, if there is more profit, there will be less difficulty.
What's more, it's $200 million!
But Jean-Pierce was very cautious. After all, it involved all aspects. He neither agreed nor vetoed. Instead, he said: The copyright of more than a dozen series of films is hard to be ignored.
Robert Iger knew that this matter can be discussed, and said: We will not make it difficult for you, and the specific transaction can be discussed in detail.
Jean-Pierce pondered for a while: It's okay to talk about it.
It's just a talk, we'll decide on a case-by-case basis.
Whether it is Robert Iger or Ronan, they are all ready for huge acquisitions.
It is impossible to win the target copyright without vomiting blood. If it weren't for Vivendi to sell Universal to cash out, Relativity Entertainment would have no chance at all.
Jean-Pierce said at this time: We can try to talk, but there is one thing you must do. Now all the work on the acquisition of Universal Pictures Entertainment Group cannot stop.
Robert Iger said: No problem.
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