The Best Entertainment Era

In the hotel's reception room, Avi Arad, the current CEO of Marvel Comics, introduced a middle-aged man who came with him to Ronan.

Ronan, this is Lloyd Blankfein, President and Chief Operating Officer of Goldman Sachs Group. Avi Arad said with a smile: Lloyd, this is Ronan Anderson, Relativity Entertainment Group boss.

While Avi Allard was introducing, Ronan looked at Lloyd Blankfein calmly. This man had an old face, it was difficult for people to judge his actual age, and his big nose seemed a bit Jewish. His bald head has the Mediterranean haircut that is reserved for successful people.

Calm, sophisticated, shrewd...

Ronan quietly made a judgment, and of course the biggest judgment was - this is actually a member of the Goldman Sachs Group!

People who know a little about the investment industry and Wall Street must know what Goldman Sachs is. It is one of the five major investment banks and provides a wide range of investment, consulting and financial services to the world.

Hello, Mr. Anderson. Lloyd Blankfein showed a warm smile: I have heard that there is a very great producer in Hollywood, but I have never met him. Today I can see you , and fulfilled my big wish.”

Ronan shook hands with Lloyd Blankfein and said, Mr. Blackfein is a senior in the business world, and the achievements I have made are not worth mentioning.

What did the people from Goldman Sachs want him to do? Ronan couldn't help guessing in his heart, and soon came up with an answer, probably related to investment.

Lloyd Blankfein said with a smile: Mr. Anderson is too modest. I'm your age and I'm still looking for a job.

Avi Allard suddenly said at this moment: Ronan, Lloyd, you guys talk, I have something to do, go out and make a phone call.

Both Ronan and Lloyd Blankfein understood that Avi Arad did not want to meddle in their affairs, which was an active avoidance.

Lloyd Blankfein nodded with a smile: Avi, please.

Ronan glanced at Avi Arad, and Avi Arad took out his mobile phone and left the hotel reception room.

Mr. Anderson. Lloyd Blankfein said sincerely, Congratulations to your company for another box office hit.

Ronan responded politely: Thank you. He didn't want to go around in circles, so he simply asked, Mr. Blankfein...

Lloyd.

Lloyd - Blankfein stressed: Call me Lloyd.

Ronan was kind and kind: Lloyd, are you here today on behalf of Goldman Sachs? What do you want me to do?

Lloyd Blankfein was a little surprised by Ronan's directness, adjusted his language slightly, and said, I'm here on behalf of Goldman Sachs Group to help Relativity Entertainment Group.

Ronan frowned slightly: Help Relativity Entertainment Group?

I got a piece of news some time ago. Lloyd Blankfein said, shaking the bright Mediterranean Sea, When the French Vivendi Group sold Universal Pictures Entertainment Group, your Relativity Entertainment Group competed with NBC .”

Ronan smiled and said, That's true, but Relativity Entertainment lost.

Lloyd Blankfein looked at Ronan and asked, Did your company lose the bid?

Yes. Ronan couldn't deny it: Relativity Entertainment's bid is far lower than NBC's.

Lloyd Blankfein said with deep meaning: If Universal Pictures Entertainment Group could have been obtained at that time, Relativity Entertainment would have been the top entertainment company in Hollywood.

Ronan actually has regrets: I also feel that it's a pity that there may not be such a good opportunity in the future.

What if there is? Lloyd Blankfein took one step after another, as if he had completely grasped the initiative: If there is such a good opportunity in the future, with the strength and funds of Theory of Relativity Entertainment, can we seize it?

Ronan said calmly: There is another possibility. In the future, Relativity Entertainment will no longer need this kind of opportunity, because it has developed itself.

That also requires a lot of money! Lloyd Blankfein followed up and said: Goldman Sachs Group can become a fund provider for Relativity Entertainment Group, and is willing to develop together with Relativity Entertainment.

Roundabout from the side, interception from behind, plus timely rescue, one set after another, these words couldn't be more beautiful from the mouth of this Goldman Sachs executive.

But no matter how beautiful it is, it has only one purpose.

Ronan asked directly: Goldman Sachs Group wants to invest in Relativity Entertainment?

Lloyd Blankfein asks: Don't relativity entertainment need financial support?

No need at the moment. Ronan's answer was beyond Lloyd Blankfein's expectations: Movies are a high-risk investment, but the overall profit of a successful movie is considerable. A big success movie, It can often bring huge returns, but how many successful movies are there under the Relativity Entertainment Group?

He smiled and said, Lloyd, to be honest, Relativity Entertainment Group has a large cash reserve, and there is no shortage of funds at present.

Lloyd Blankfein knew that it would not be so smooth, he smiled and asked, Can't Relativity Entertainment become a first-tier company like the Big Six in Hollywood?

Ronan smiled and said nothing, and after a while, he said: If you want to get into that rank, it's not only a matter of funds, but it's not all about funds. He didn't want to explain too much about Hollywood's internal affairs to outsiders. Speaking of it, I couldn't make it clear for a while, so I simply said: Lloyd, I am very grateful for Goldman Sachs' kindness, but as far as Relativity Entertainment is concerned, Goldman Sachs appeared a bit late.

Lloyd Blankfein didn't quite get what he meant: Me and Goldman Sachs a little late?

Ronan said bluntly: A few months ago, when Relativity Entertainment intended to acquire Universal Pictures Entertainment Group, it asked Goldman Sachs for financing, but Goldman Sachs explicitly rejected it.

Sorry. Lloyd Blankfein didn't seem to be faking it: I didn't know there was such a thing.

Ronan took a closer look and felt that what Lloyd Blankfein said should be the truth. Thinking about it carefully, this possibility is also very big. Goldman Sachs is a partner company, and the internal situation is extremely complicated, and the power and will are scattered. inevitable.

He sighed softly: Relativity Entertainment has already missed the opportunity to use tens of billions of dollars of funds. Currently, Relativity Entertainment has no shortage of funds. You should have heard that Relativity Entertainment has a wide range of financing channels. There is close cooperation with many investment groups such as South Africa.

When Goldman Sachs finds a potential investment target, it will definitely conduct investigation and analysis. Lloyd Blankfein naturally knows this.

From this perspective, Goldman Sachs did appear a bit late, and has already let overseas counterparts get ahead.

But Lloyd Blankfein still has a trump card: Ronan, Goldman Sachs is very sincere. He suddenly said tentatively: Goldman Sachs is willing to exchange 1 billion US dollars for 30% of your company's shares.

Goldman Sachs Group has the most optimistic evaluation of Relativity Entertainment. The entire company is valued at between 2 billion and 25 US dollars. This is because Relativity Entertainment has more movies at the box office this year. The transaction of shares, no matter how you look at it, is very cost-effective for Relativity Entertainment.

This kind of investment, this kind of bid, is indeed very sincere. Ronan admits this. Goldman Sachs clearly sees the future development of Relativity Entertainment. With a 30% stake of one billion US dollars, it is about to put Relativity Entertainment on the same level as It's above the level of the Big Six in Hollywood.

Regardless of the fact that Universal Pictures is worth more than 10 billion U.S. dollars, that is the total value of many businesses including film and television production and distribution, music production and distribution, game development, and Universal Studios.

The Big Six in Hollywood, in terms of the value of the film and television companies alone, is worth six to seven billion U.S. dollars in this era.

If it were someone else, they might agree, but Ronan didn't want to agree.

First of all, with the support of frequent financing from the Pacific Investment Fund, Relativity Entertainment does not lack funds in a short period of time.

The second and most important point is that Ronan believes that this cannot truly reflect the value of Relativity Entertainment, such as the huge copyright system currently owned by Relativity Entertainment.

Among other things, Hasbro's two ace toy series and Marvel's Avengers series have film copyrights in the hands of Relativity Entertainment.

Before the film was made, the value of these copyrights was not much higher than the transaction price when they were acquired, but what about the real value?

Ronan slowly stretched out two fingers: Two billion dollars, 15% shares! This is the limit I can accept.

Lloyd Blankfein's complexion changed for a moment, and then he returned to normal. This appetite is not only big, but also too big!

Lloyd Blankfein could make a decision without an internal discussion: Mr. Anderson, such a request is uncooperative.

It's certainly insincere, but Ronan thinks Relativity entertainment is worth the price.

This kind of investment cooperation, of course, requires your willingness. Relativity Entertainment has developed to a certain extent and has a certain ability to withstand pressure.

In the future, Relativity Entertainment will definitely attract foreign investment, but not now.

Today's Relativity Entertainment has just completed the platform and started to get involved in first-line commercial productions, and the value reflected is not high.

Lloyd Blankfein shook his head secretly, and said: Even a big investment bank like Goldman Sachs can't get a billion dollars at any time. If you miss this opportunity, if Relativity Entertainment wants to cooperate with Goldman Sachs next time , we are powerless.

Actually, I really want to cooperate with Goldman Sachs. Ronan didn't mean to give up: Lloyd, you think my asking price is too high, but I think it's very reasonable.

Seeing that Lloyd Blankfein wanted to refute, Ronan said first: We can put aside these disputes and cooperate from a different angle.

Lloyd Blankfein felt that this young man was too difficult to deal with, and asked in confusion, Which angle?

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