The Best Entertainment Era

After leaving Credit Suisse, Roy Disney went to Citibank again. Using the connections he had made over the years, he met the vice president in charge of credit business.

While lobbying for more shareholder support, Roy Disney is also doing another job of cutting off Michael Eisner's source of funds.

I heard that you are going to provide Michael Eisner with a loan of hundreds of millions of dollars? Roy Disney quickly got to the point after a few words of pleasantries: Donovan, the news should be correct, right?

The man named Donovan was a shrewd middle-aged white man. He shrugged slightly and said, Roy, you are as well-informed as ever.

Roy Disney asked, Are you sure you want to loan Michael Eisner?

Why not? Donovan said naturally: Michael Eisner is the chairman and CEO of Walt Disney. He has excellent credit and is a high-quality customer.

Roy Disney laughed: Excellent credit? What if he's no longer Disney's chairman and CEO?

Donovan spread his hands: But now the person sitting in these two positions is still Michael Eisner.

Roy Disney sighed, and said: Looking at our friendship for many years, let me tell you a piece of news. Many shareholders of Disney, including the Disney family, have joined forces to sue Michael in the Delaware Chancery Court. Eisner.

This is brand new news, which Donovan didn't know before, and it immediately attracted attention.

Roy Disney said: You should have heard about the dispute between Michael Eisner and Michael Ovitz back then. Disney paid a lot of money to let Michael Ovitz, who was not capable of being the CEO, leave his job. $140 million release clause.

Is that why you're suing Michael Eisner? Donovan asked.

Roy Disney nodded slowly, and said half-truth, The whole matter was decided by Michael Eisner alone. It didn't go through proper company procedures. There were serious procedural errors, and I have direct evidence.

Donovan straightened his face: Are you saving this for today?

Roy Disney bit the bullet and said: So, in this lawsuit, Michael Eisner must fail, and he will pay at least 200 million US dollars. Donovan, if this happens, are you sure that Michael Eisner Still have the ability to repay the loan? Will the loan you provide him become a dead debt?

Roy Disney reminded: Don't forget,

Michael Eisner is just a professional manager of Disney, not an owner. Disney's money belongs to all shareholders, not him personally.

Donovan became cautious. Although he didn't fully believe Roy Disney's words, if this were the case, the consequences would be quite serious.

Roy Disney added: Just wait and see the news. By this Friday at the latest, the Delaware Chancery Court will accept this lawsuit.

There are not a few days, and Donovan can wait: Roy, I hope Disney can solve the internal problems as soon as possible.

Roy Disney said: Within this year, it will definitely be resolved. I will give an explanation to all shareholders and investors. Disney will have a better tomorrow, and all shareholders and investors will get their due benefits.

When Roy Disney left, Donovan immediately called and asked the people below to understand the specific situation. At the same time, he asked the credit department to temporarily delay Michael Eisner's credit business under the pretext of procedural needs.

Walking out of Citibank, Roy Disney got into the car and asked the driver to return to the hotel.

Did you miss the first batch of visiting targets? Roy Disney asked the secretary on the co-pilot.

No. The secretary looked at the list in his hand and said, We have met the first batch of targets side by side.

After all, Roy Disney was old and spent too much energy. At this time, his energy was low, he closed his eyes and sat back on the seat, and asked, What about the afternoon schedule?

The secretary said, Ronan Anderson from Relativity Entertainment Group has an appointment to meet with you.

Roy Disney opened his eyes in an instant: Ronan Anderson, an interesting young man. He seemed to be asking the secretary, and seemed to be talking to himself: He is looking for me? Does he want to get involved in Disney's internal affairs? ?”

Robert Iger had reached out to him early on, expressing the kindness of Relativity Entertainment.

Although he doesn't like outsiders meddling in Disney's internal affairs, Disney has no direct conflict with Relativity Entertainment, and Roy Disney has no ill feeling towards Ronan.

For Roy Disney, a more traditional old-school person, Ronan is more like a stranger.

Not to mention resentment.

But goodwill is also out of the question.

Just like those actors who have gone through hardships to fight their way out, they look down on the stars who become famous overnight.

It took Walt Disney nearly a hundred years to achieve its current scale, but Relativity Entertainment has completed the road that Disney has traveled for decades in just a few years.

How can this be called the human feelings of the older generation?

Ronan's rise was so fast that an old-school person like Roy Disney hadn't even thought about how to change his attitude towards it. He had already stood tall at the top of the circle.

Back at the hotel, after lunch, and taking a nap, Roy Disney's exhausted spirit improved, he changed into a decent suit, and came to the club that Ronan had finalized, in a closed room, he saw The young man who spread the word all over Hollywood.

This is a young boss that even he, and even the entire Disney family, have to pay attention to.

Good afternoon, Mr. Anderson. Roy Disney cheered up and shook hands with Ronan: I met a Hollywood legend today.

Ronan said modestly: I am ashamed of these words. He put on a warm smile: Roy, you are a veteran in the circle, just call me Ronan.

Roy Disney didn't bother about this kind of thing either, and asked directly: Ronan, you specially asked someone to ask me out, is there anything wrong?

A few days ago, I visited Goldman Sachs and heard from Lloyd Blankfein that you came to New York specially. Ninety-ninety percent of what Ronan said was true: Lloyd Blankfein Lankfein said something about Disney, and I was touched, so I asked you to meet.

Roy Disney's actions were not secretive in the first place, so he was not surprised. He said: Disney's situation is not known to everyone in Hollywood, but it is almost the same. It is not a secret to you.

Ronan nodded slightly: So, you want to end the civil strife at Disney and get Disney back on track, right?

This is the responsibility of everyone named Disney! Roy Disney seemed a little distressed: Disney can no longer sink.

Ronan tentatively said, Maybe we can cooperate on this.

Roy Disney looked at Ronan, his eyes instantly filled with vigilance: Disney's internal struggles belong to Disney's problems, and no outsiders need to intervene.

The meaning of these words is very clear, pointing out that Ronan is an outsider and has no right to intervene in Disney's affairs.

Ronan understood it, and said, It's really not suitable for outsiders to meddle in Disney's affairs.

Part of the vigilance in Roy Disney's eyes dissipated, and Ronan Anderson, a young man, was quite sensible.

But Ronan immediately said: Roy, I am not an outsider! Your fight with Michael Eisner is directly related to my interests!

What? Roy Disney was quite surprised: How do you say that?

Ronan said softly: I am a shareholder of Disney, and Relativity Entertainment owns close to 1.5% of Walt Disney's shares.

Roy Disney looked at Ronan, seemingly unwilling to believe this was true.

Ronan took a stack of copies of the equity certificates, put them on the coffee table, and pushed them to the opposite side.

Roy Disney picked it up and flipped through it quickly, and it was immediately clear that Ronan was telling the truth!

The equity is not too much, but it is not too little. Coupled with the reputation of Relativity Entertainment, it may even have a considerable right to speak at the shareholders' meeting.

Ronan said: Relativity Entertainment is still negotiating equity transactions with people, and will increase the shareholding ratio in the future.

Roy Disney put down the copy, looked at Ronan, and asked, Why?

Ronan said frankly: For Disney, which has many subsidiaries, a complete industrial chain, and ABC TV station and ESPN, the current stock price is not reasonable. I think this is a good opportunity to buy the bottom. In the future, as long as Disney returns If it is on the right track, the stock price will inevitably rise sharply.”

These words are designed specifically for Roy Disney.

As a representative figure of the Disney family, Roy Disney not only has deep feelings for Disney, but is also full of confidence.

He believes that as long as Disney ends this dispute, it will definitely get back on track.

Are you speculating? Roy Disney said.

It can be said that. Ronan put away the copy: If Disney develops well, Relativity Entertainment will increase investment to seek long-term benefits.

His voice is aggravated: But the premise that all this can be realized, Disney must get back on track as soon as possible and end this dispute.

Directly related to the commercial interests of Relativity Entertainment, Roy Disney's vigilance has been further reduced, which is related to hundreds of millions of dollars in investment income, and Relativity Entertainment's attention is inevitable.

Roy Disney asked: You have learned about Disney's situation and found me again, so there must be a plan?

It's not a plan, it's just a very rudimentary idea. Ronan said directly: I learned about your activities in New York, especially Wall Street, from Goldman Sachs. There are also some relationships within the institution that can assist you. For example, using the company's reputation to help you win the support of shareholders, and at the same time lobbying financial institutions to refuse to provide credit loans to Michael Eisner, etc.

Roy Disney is a little tempted. After all, he has not been on the front line of Disney for too long, and some relationships have become indifferent. If there is Relativity Entertainment to help...

But he wasn't sure that Relativity Entertainment could do that. After thinking about it, he suddenly asked, What if I refuse?