The Best Entertainment Era

Chapter 847 Money is the greatest capital

For the sake of confidentiality, after Connie arrived, Ronan left the crew of The Departed Walker and lived in the presidential suite of the Manhattan Hotel.

Are you sure? In the study, Ronan asked Connie: The news from Disney is reliable?

Connie said: It's completely reliable. Roy Disney came to Wall Street. The news was heard by Robert Iger himself.

Ronan nodded: He is seeking support from Wall Street.

Connie glanced at the notebook in her hand: In the past two decades, Michael Eisner has absorbed a considerable amount of funds from Wall Street in Walt Disney's continuous financing expansion and mergers and acquisitions. Wall Street, including Goldman Sachs , Many companies hold shares in Disney, although there are not many companies alone, maybe only a few percent, but if they are added together, the number is considerable.

Ronan was not surprised by this. Hollywood and Wall Street had a business relationship a long time ago, and Wall Street capital has repeatedly infiltrated Hollywood.

Similar to other investments, Wall Street investment institutions do not seek to control a certain company, and invest purely for profit.

Only profit is the eternal pursuit of Wall Street.

Connie's words continued: In addition, the headquarters of many banks across the United States are also in New York. They have done business with Walt Disney in the past, and some of them may also hold a small amount of Disney shares. According to Robert Iger's It is inferred that another major purpose of Roy Disney's trip is to cut off Michael Eisner's connection with the bank as much as possible, so that he cannot raise a relatively large amount of funds in a short period of time.

Ronan understands the intention behind this: Roy Disney and Michael Eisner are most likely secretly buying shares while fighting for shareholders in order to win majority support.

In fact, Roy Disney's plan is very simple. According to normal procedures, it will be very effective. The majority shareholders of the joint company will initiate a resolution at the general meeting of shareholders to drive Michael Eisner out of office.

In the eyes of many Disney shareholders, Michael Eisner is now Walt Disney's sinner.

But again, there are not a few people who support Michael Eisner.

When Michael Eisner was in office, when Walt Disney first went public, its market value was only US$2 billion. However, under Michael Eisner’s hands, Disney developed into a comprehensive entertainment and media group with a market value of nearly US$40 billion.

There is one more thing. Connie said again: With the impetus of Roy Disney, multiple shareholders of Disney have united to prepare to sue the Disney board of directors headed by Michael Eisner to the Delaware Chancery Court.

Ronan chimed in: Michael Ovitz leaving?

Yes. Connie said: Robert Iger has received information that Michael Eisner acted arbitrarily in the matter of Michael Ovitz's departure, made a procedural error, signed and paid an unapproved 1 $40 million in severance pay, and Michael Eisner is required to compensate the money, with interest totaling $200 million.

This can also be called a turning point in Michael Ovitz's life.

At that time, the talent agent transferred from CAA to Disney. He lacked the ability and experience to control a giant company like Disney, and even lacked the creativity and coordination required by Disney World. As a result, both sides lost.

Since then, it has been difficult for Michael Ovitz to make it to the first-line stage of Hollywood.

Ronan thought for a while and said, Don't worry about the lawsuit. Michael Eisner can keep his current position. He has enough strength to dismantle the litigation group. On the contrary, he can only end in sadness.

In fact, the ultimate goal of the lawsuit is not to make Michael Eisner compensate 200 million US dollars, but to get him to step down.

This can both distract Michael Eisner's team and hurt his popularity with shareholders.

Roy Disney is relatively decent, but business competition can use more than just decent means.

Similarly, Ronan thought he was very decent, and when facing Walt Disney, he definitely used more than decent means.

Frankly speaking, he doesn't care who Disney wins in the end, he only cares about the benefits that Relativity Entertainment can get in the face of such a once-in-a-lifetime opportunity.

Ronan remembers very clearly that once Michael Eisner failed at the Disney shareholder meeting and had to step down, and then Roy Disney picked Robert Iger to run Disney.

Only then did Baby Di come into being.

According to Walt Disney's rules, as long as more than half of the shareholders cast a vote of no confidence, Michael Eisner will step down.

Ronan vaguely saw that it seemed that about 60% of the shareholders had cast a vote of no confidence.

This shows that the gap between Michael Eisner and Roy Disney is not as big as imagined.

Michael Eisner is unlikely to step down easily.

One of the biggest characteristics of Vanity Fair is that when you stand in the spotlight, all the money and contacts will flow in;

Hollywood is a jungle world. It is not easy to fight a bloody way out of the melee, and it is even more difficult to give up.

It is not easy to do this.

Money is the biggest capital in Vanity Fair.

Roy Disney came to New York to cut off Michael Eisner's financing.

After thinking for a while, Ronan said to Connie: Contact Roy Disney later today, I want to meet him.

Connie said, Okay, I can get in touch with Roy Disney's personal assistant.

Ronan and Robert Iger have made a special Disney plan, but the plan is not static, but can be adjusted at any time according to the reality.

Connie was about to leave when she suddenly thought of something and reminded, Vampire Lane was released last weekend, and I have sent the specific data to your mailbox.

Ronan nodded slightly: I'll just take a look.

For Wu Bao's new film, Ronan doesn't want to say much about the content, but he still has certain expectations in terms of commercial progress.

Uwe Ball has been very active on the Internet recently, attracting attention everywhere.

For example, on the eve of the release of Blood Lane, Uwe Bauer announced through Netflix and other media platforms that Vampire Lane can accept normal criticism from film critics, but if someone abuses him, he doesn't mind sending out another challenge invitation.

Of course, there will never be fewer people who fight with each other.

Uwe Bauer naturally had another quarrel with film critics.

A large number of supporters of both parties also used Netflix sharing as a platform to attack each other.

Both sides have clear views and firm positions.

Those who support film critics generally have one meaning: directors must rely on their works to speak for themselves.

Brother Bao's fans, the fight back is equally powerful: Don't be a real man, don't swear like a woman, see you in the boxing ring if you have the ability!

With the lessons learned from the previous film critic, of course no film critics will take the initiative to seek fame. Although the proportion of film critics who deliberately want to be famous is not lower than that of Hollywood actors, but the facts have proved that Brother Bao's iron fist is really good. Will beat people!

The title of film critic nemesis is not for nothing.

As soon as Brother Bao made an iron fist, the hearts of film critics trembled three times.

In addition to continuing to anger film critics, Brother Bao's other big move is to take advantage of the popularity of World of Warcraft and repeatedly confess his love to Blizzard.

Articles like Warcraft, My Favorite and The Stories I Have to Tell Blizzard frequently appear on Bao Ge's Netflix sharing.

The result is that many movie fans know that Brother Bao is a die-hard fan of Blizzard.

Blizzard found that the number of users of World of Warcraft in North America and even Europe has recently grown more rapidly.

It seems that the reputation of World of Warcraft has spread to the gaming world.

Not the bad reputation across the Pacific associated with internet addiction and electric shocks, but the kind that actually gets people's attention.

According to the latest news, Blizzard seems to have changed its attitude towards Uwe Ball.

Although Blizzard insists on the high-quality game strategy, how can someone who has experienced Blizzard's repeated eating of books and fried rice, and the anger of the Lich King not see the true face of a commercial company?

After all, Blizzard is also a commercial company, and its first pursuit is always profit.

For those who can effectively bring profits, the attitude will naturally be different.

As the saying goes, the butt determines the head, but it is commercial profits that determine which side the butt sits on.

Moreover, under the long-term harassment of Brother Bao, Blizzard has gradually learned about Hollywood and the film industry, and also understands the simplest truth about the operation of a film.

The movie itself does not need to make money, but the movie must stimulate related industries to make money.

Brother Bao has already started the road of being an Internet celebrity director, and the effect is generally not bad.

Some movie fans said this on the eve of the movie's release: Do you want to watch classic bad movies? Bao Ge's movies are definitely not to be missed! Blood Lane is not to be missed!

Some movie fans said in an interview with the media: There are many directors in the world who can make good movies, and there are also many directors who can make bad movies, but there is only one Bao Ge!

With the popularity of public opinion and a certain amount of fan support, Vampire Ryan will be rewarding.

Although it did not win the North American box office champion in the first week of its release, the film's North American box office revenue in the first three days of the first weekend was as high as 15.51 million US dollars.

In just three days, Relativity Entertainment recovered all of its investment in Vampire Lane.

If you count the tax rebates and subsidies that Uwe Ball won from the Bulgarian government, Blood Lane has already made millions of dollars in profits.

As for the appallingly low ratings of the film, Ronan doesn't care, and neither does Relativity Entertainment.

Facing such a high-quality director who has continuously brought profits and opened the door to the Bulgarian market for Relativity Entertainment, Ronan certainly attaches great importance to it.

After seeing the box office data, Ronan specifically called Uwe Ball and informed the embassy film industry that next year he would continue to pay attention to the promotion and distribution of the new film Life and Death directed by Uwe Ball.

As a person with conscience and integrity, even if Uwe Ball cannot make movies one day, Ronan will assign him to other management positions in the group.

For example, go to Eastern Europe to show off your skills.

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