Heads Up Hollywood

Listening to Tang En's words, Michael Ovitz's eyes widened in surprise, "No voting rights? This...how is this possible?"

Shares represent votes, which is common sense.

Tang En said lightly: "This is normal. In Silicon Valley, this model has long been popularized."

Michael Ovitz shook his head again and again: "Silicon Valley is Silicon Valley, which is different from Hollywood! Silicon Valley is an emerging industry, and it is a technology company. The decision-makers need to have a deep understanding of technological trends. This is the weakness of capitalists. They It’s impossible to reach out. But Hollywood... To be honest, there are no technical barriers to investing in movies.”

This is true, Hollywood film companies are very different from Silicon Valley.

Hollywood is nearly a hundred years old, conservative, traditional, old-fashioned, old-fashioned, and its business models are old-fashioned.

Silicon Valley is a representative of emerging industries. It is full of vitality. In order to allow employees to better exert their enthusiasm for work, they will distribute equity to entrepreneurial teams and set up an option mechanism to share with employees.

This is unimaginable in Hollywood!

In a Hollywood film company, even if it is the chairman or CEO, if he has no shares in his hands, he can only work for the rest of his life. At most, he will enjoy a part of the profit dividends according to the contract. It is absolutely impossible to get share rewards.

Take Tang En Pictures for example, the only shareholder is Tang En!

A group of executives, including Bill McNick, are wage earners with salaries and dividends.

Because of this, companies in Silicon Valley have introduced some countermeasures in order to protect the founder team from being able to fully control the company and avoid tragedies like Jobs being kicked out of Apple.

When many companies accept financing, they will sign contracts with investors in advance and adopt multiple voting rights systems to protect the founding team's absolute control over the company.

But this is not Hollywood.

But Tang En didn't care, he snorted coldly: "I don't care about Silicon Valley, Hollywood, my territory, I have to abide by my rules!"

The corners of Michael Ovitz's mouth trembled slightly.

He has worked with Michael Eisner before, but to be honest, in terms of domineering level, Twain is far more decisive and resolute than Michael Eisner in this key decision-making!

Strong against Wall Street, you are welcome!

More importantly, it is very likely to lose a financing of up to 500 million US dollars...

"Michael, there is no room for compromise or negotiation on this matter. Legendary Pictures, we must absolutely control it!" Tang En said with a solemn face, "Whether it's Wall Street investment banks or private equity funds, they are willing to accept our proposal. You can invest in it, and if you have money, everyone can earn it together. If you don’t accept it...then let them go!"

"Twain, I'm afraid they will switch to other film companies." Michael Ovitz said vigilantly.

Tang En laughed loudly, "Cooperate with a Hollywood film company? Without our intermediary as a guarantee, if Wall Street dares to enter Hollywood alone, it is tantamount to courting death! It doesn't matter, we have time."

Michael Ovitz pondered for a while, then said slowly: "Okay, I accept your proposal."

"Thank you for your support." Tang En breathed a sigh of relief.

"However..." Michael Ovitz paused, his face slightly cold, "We must be prepared to deal with Wall Street's reaction."

Tang En said: "I know that where there is profit, there must be capital. Film investment is attracting attention now, and platter investment is even more flocking to it. Even if the conditions we put forward are very harsh, I think they will definitely not refuse to invest in Legendary Pictures Chance."

Michael Ovitz nodded, "Legendary Films is currently the only company operating platter investment. This is the only opportunity on Wall Street. Of course they can't miss it. It's just that the investment funds... will be greatly reduced, or more It’s a debt loan model.”

Tang En shrugged, "It doesn't matter whether it's debt loans or equity financing, it's all the same to us! The former does have some risks, but I'm confident enough in the business model of platter investment, we can earn more!"

"Well." Michael Ovitz was silent for a long time, "I'm afraid that Wall Street will go both ways."

Hollywood is notorious for being harsh on outsiders. It has killed a large number of German investors over the years, and Wall Street is alert.

So at the current stage, they don't have the guts to let Wall Street abandon the intermediary of Legendary Pictures and contact Hollywood film companies alone to start a platter investment cooperation.

Afraid of being cheated to death!

But platter investment is too tempting, and Wall Street will definitely not let go of this piece of fat.

In the case of Legendary Pictures' tyrannical attitude and non-cooperation, if Wall Street wants to obtain more profits, it must avoid Legendary Pictures and open up the market in Hollywood alone.

It takes time. Without two or three years of preliminary market research and accumulation of contacts, it would be impossible for Wall Street to open its own platter investment company in Hollywood.

The biggest reliance is Legendary Pictures.

A strong confidence appeared on Tang En's face, "Don't worry, they won't get through!"

"Oh?" Michael Ovitz looked at him with a half-smile, "Wall Street is not Disney. Once capitalists unite, they can use money to bring down Hollywood."

Tang En said indifferently: "The richer people are, the more they are afraid of losing money! Let Wall Street make trouble, maybe after two or three years, they can really create a new platter investment company, but at that time...huh!"

There was a somewhat inscrutable sneer on his face.

At that time, Tang En's layout in the film industry was basically completed. If Wall Street really dared to see the money in Hollywood, Tang En would not mind integrating resources and teaching them a lesson!

Michael Ovitz saw that Tang En was unwilling to talk more about this issue, smiled, and changed the subject, "By the way, I haven't congratulated you yet, this time the Golden Globe Awards... may be a big harvest ah!"

This year's Golden Globe Awards Dinner will be held on January 21.

The movie produced by Tang En Pictures won the Golden Globe Award.

"The Girl Who Moved Soul" and "Drug Network" were nominated for Best Picture in the Drama category;

Sam Mendes and Steven Soderbergh were nominated for best director for these two films;

Nicole Kidman was nominated for Best Actress in a Drama Series for "Girl"

Benicio Del Toro nominated for Best Supporting Actor

Natalie Portman was nominated for Best Supporting Actress for "The Girl Who Moved";

Best Screenplay nominations include Dawn Walker for "The Girl Who Moved" and Stephen Hanga for "The Drugs";

Hans Zimmer is nominated for Best Score for Spider-Man...

Tang En crossed his legs and said with a smile: "It doesn't matter whether there will be a big harvest, as long as Nicole and Nat win the award, they are happy."

Michael Ovitz was slightly taken aback, shook his head and laughed, "Young man, energy is exuberant! How about... I will provide you with a list?"

"What list?"

"The list of all the female artists of the AMG agency is detailed. If you are interested, you can ask them directly. I believe they will not refuse."

Tang En laughed out loud, and said half-jokingly: "Your agency is too small, how many good ones can you get? I might as well go directly to CAA!"

Michael Ovitz stared angrily, then waved his hand, "Forget it, it doesn't matter, I've already made up my mind to quit the AMG agency."

"ah?"

Tang En exclaimed, "Michael, are you kidding? The agency is your career!"

Michael Ovitz sighed, shook his head and said, "Of course I don't want to quit if possible. However... AMG and Legendary Pictures have an industrial conflict. I have consulted with lawyers, and it may involve monopoly clauses. In order to avoid future Trouble that may arise, now is the right time to quit."

Legendary Pictures is involved in the production of movies, and AMG is the agency that signs artists. If Michael Ovitz controls the two companies at the same time, there may be internal operations that will cause dissatisfaction among peers and even shareholders of the two companies.

Especially those private equity fund shareholders of Legendary Pictures.

Tang En nodded, "Alright, let's focus on developing Legendary Pictures' business. Believe me, the future of Legendary Pictures has unlimited possibilities!"