Hollywood Hunter

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Los Angeles Country Club in Beverly Hills.

The time is Sunday, July 3rd.

Just as Simon got off the car in the parking lot, a young man who looked like an assistant in a white shirt greeted him and said, "Mr. Westeros, Mr. Welch, they are already waiting for you, please come with me."

Following the young man into the largest top-level golf course in Los Angeles, Simon soon saw the other three people talking and laughing on the edge of the course. Noticing Simon's arrival, the three walked over together. One of the bald middle-aged men in his fifties was Jack Welch, the current chairman and CEO of General Electric.

"Hello, Simon, it's a pleasure to meet you," a few people approached, Jack Welch looked at Simon with a gentle smile, shook hands with him familiarly, and introduced the other two: "This is Robert White, he's now in charge of the nbc network. This is Larry Cuppin, he's the majority owner of New World Entertainment, haha, you know that for sure."

Accidentally received an invitation from Jack Welch, Simon had some knowledge of the meeting in advance, and naturally knew the other two at this time.

Robert White was originally the head of the financial services group of the General Electric system and is currently the ceo and president of the nbc television network. In all fairness, Simon feels that Jack Welch's appointment can only be described as bad, a typical layman leading a pro.

Of course, this is GE's internal business, and Simon does not intend to comment on it.

Larry Kupin is a major shareholder of New World Entertainment, and he and another partner, Harry Sloan, jointly hold more than 40% of the shares of New World Entertainment.

Simon greeted the three of them separately, and everyone entered the stadium together.

Each of them knew the purpose of this meeting very well, and they were not in a hurry to get to the point, just casually chatting about some recent current affairs while playing football. In an election year, the upcoming presidential election is naturally a very hot topic.

"The New York Times article on 'Who's Going to Be a Millionaire' was very interesting, and I really thought it would be a good idea to have Bush and Dukakis on the show," said Jack Weir on the court. Qi changed a club from the caddie, walked back and glanced at Simon, and seemed to ask casually, "Speaking of which, Simon, Bush and Dukakis, which one do you support?"

The candidates for the two parties in the United States have been finalized in May this year, namely the current Vice President George Bush and the Governor of Massachusetts Michael Dukakis.

Simon noticed that both Robert White and Larry Cuppin were looking at him intentionally or unintentionally, but shrugged casually and said, "As a Californian, of course I support Dukakis."

Jack Welch took a swing, pushed the ball into the hole, nodded in satisfaction, turned to Simon, and said, "What if Bush wins?"

Simon looked at Larry Cuppin, who was divided into his own group, came over with a club, gave way to the side, and said, "If you have extra funds, then buy as much military and oil shares as possible."

Simon's words came out, and the expressions of Robert White and Larry Cuppin obviously changed.

This young man made himself a fortune of $2 billion in just two years, and despite the casual tone at this time, Robert White and Larry Cuppin immediately remembered this sentence. In my heart, I made up my mind to study it carefully afterwards.

Jack Welch concealed his inner fluctuations, watching Larry Kupin miss the ball without any accident, and asked, "Simon, what do you mean?"

Simon looked regretfully at the ball launched by Larry Cuppin and said, "It's very simple, when Bush comes to power, war is about to take place. War is the fastest factor that drives oil prices up."

Robert White interjected at this time: "Simon, if you make these words public, it will definitely cause strong controversy."

"So, I definitely wouldn't say that in public."

Jack Welch and several others chuckled in agreement.

The four of them played a few more holes, and Jack Welch, who had been waiting for Simon to speak up, found that the young man seemed to have more patience than the three middle-aged men, so he took the initiative to turn to the topic and said, "Simon, about the new world. Entertainment, I still hope you will consider my suggestion some time ago."

The two stood between the greens watching Robert White and Larry Cuppin hit the ball. Simon glanced at Jack Welch and said, "Now? Jack, aren't you going to adjust the offer?"

The just-popular "Who Will Be a Millionaire" is expected to bring in hundreds of millions of dollars in profits for Daenerys Pictures. If Daenerys Pictures were a public company, even at a price-to-earnings ratio of 10, the company would be worth more than $1 billion.

Jack Welch offered to take a stake in Daenerys Pictures with shares of New World Entertainment in several calls with Simon, but he valued Daenerys Pictures well below $1 billion .

"I have to say, your ability to make money is really amazing," Jack Welch said: "However, Simon, I heard that Daenerys Pictures and abc have not reached an agreement on the distribution of benefits. In the stalemate, the future of this project is not so certain.”

"The profit share I set aside for abc is more than they've made for all their TV shows in recent years."

Jack Welch said: "However, Daenerys Pictures seems to be asking for more, aren't you worried that abc will actually abandon the project? As far as I know, according to the contract, Daenerys

It is no longer possible for the film industry to transfer the project to other networks. "

Simon shook his head and said: "If abc just thinks that Daenerys Pictures has got too much inner imbalance and give up this project, then I can only let them continue to be imbalanced. Of course I will feel some regrets, but give up this file. The show, didn't have as much impact on Daenerys Pictures as you thought. On the contrary, it's actually good, because in the next bargaining process, Daenerys Pictures competitors will realize that if I If you don’t want to compromise, you won’t compromise.”

Jack Welch said: "But you want to get New World Entertainment, don't you? Simon, if you want to get what you want without paying enough, it's definitely not going to work."

"If I don't make an offer, Jack, the most likely outcome for New World Entertainment is bankruptcy. By then, creditors will have very low settlement priority. Your $220 million loan may only be half recovered. Now , I can guarantee that GE will get all the money back, and that's the price I paid."

"Simon, you seem to resist cooperating with others, which is not good. Even with GE, we often do joint ventures with other companies."

Simon saw Larry Cuppin and Robert White finish their hole, and they walked down the green together and asked, "Jack, why are you guys working with other companies?"

"In this way, the resources of both parties can be fully utilized to achieve a win-win situation."

"That's right," Simon nodded and said, "So, if I agree to GE's participation in Daenerys Pictures, what kind of help can you give me?"

"We have the nbc network, which helps distribute Daenerys' TV shows. We also have the capital to support Daenerys' rapid expansion."

Simon nodded again, with a smile on his face, and said: "Jack, but the truth is, the TV shows produced by Daenerys Pictures are not short of buyers, on the contrary, if not for the several TV shows in the hands of Daenerys Pictures , maybe we won't be here today, it's a seller's market. So nbc this platform is not that attractive to me. Second, maybe most Hollywood companies are in a state of lack of funds all the time, but , Daenerys Pictures is not the case. My personal assets are enough to support the expansion of my business, and Daenerys Pictures' profitability is also very strong, which is enough to make it easy to get the wanted from major banks. The loan. GE’s deep pockets of funding also didn’t appeal to me much.”

Jack Welch shook his head and said, "Simon, you are still young, and many things are not as simple as you think."

"Only people who are not strong can complicate simple things," Simon swung his club in the air with one hand and said: "But I prefer simplicity and directness, Jack, I don't mind cooperating with others, provided that, as What you just said, both parties must be able to achieve a win-win goal, not me selling my fast-growing company at a low price just for resources I don't need."

"In this case, Simon, GE can only try to fight for its own interests," Jack Welch gestured to Larry Cuppin and said, "We have already negotiated with Larry that GE will use debt In exchange for 90% of the shares of New World Entertainment, the relevant contract will be signed next week. Now, if Daenerys Pictures wants our shares, General Electric's offer is $300 million. In addition, nbc also I hope to get the two reality shows "Survivor" and "Big Brother" that Daenerys Pictures is developing."

"I really want to get New World Entertainment, and I don't hide that," Simon stopped and said to Jack Welch, "But, at the end of the day, this company isn't as attractive to me as you think. Big. I'm more interested in Marvel Entertainment, which is owned by this company, because I want to own a comics company. As for the other assets of New World Entertainment, Jack, these are very helpful for the development of Daenerys Pictures, But for GE, it's completely dispensable. You take this company in your hands, and the end result will only slowly rot. So, I'm not going to accept an offer like this, $250 million, which is The limit I can give includes all the shares of New World Entertainment, not just the 90% in your hands."

It's obviously impossible for Jack Welch to know Simon's mentality about Marvel's imperative to win, and Simon's remarks completely fit his view of New World Entertainment.

In addition to the comics department of Marvel, this entertainment company, which is not comparable in scale to the Seven, also includes New World Pictures, New World TV, New World Video, New World International, and several other mergers. production and distribution company.

However, with the stock market crash last year and the ongoing Hollywood screenwriters strike, New World Entertainment's operations were in trouble. Except for Marvel Entertainment, a relatively independent subsidiary that was not affected much and was barely able to maintain profitability, New World Entertainment's All other sectors are losing money.

If Simon doesn't, GE will have no choice but to cut jobs and provide as few resources as possible to keep those divisions afloat.

The most direct result of this is to cause the value of New World Entertainment to depreciate more rapidly.

In fact, if it wasn’t for Simon’s interest in New World Entertainment, GE’s management was actually more inclined to liquidate New World Entertainment in order to recover the losses as much as possible.

Jack Welch also stopped with Simon, and after a moment of silence, he said, "Simon, what about the two reality shows that nbc needs?"

What Simon just said is true, if it weren't for the success of "Who Would Be a Millionaire"

The other three reality show projects in the hands of Daenerys Pictures have caught the attention of General Electric, and this meeting really won't happen any time soon.

It's already July, and the fall season is coming soon.

Although the situation of nbc in previous years was better than that of abc and cbs, in this generally bleak autumn file after the strike, if several other companies got something like "Who Will Be a Millionaire" from Daenerys Pictures Such a reality show, nbc is indifferent. Then, the result is likely to cause nbc to quickly fall below the other two TV networks in the ratings after this fall season.

As for the Fox network, it has not yet been regarded as a threat by the three majors.

Simon felt the change in Jack Welch's attitude, with a slight smile on his mouth, and said: "Jack, if we reach an agreement on New World Entertainment, you can get a reality show, I prefer "Survivor", but , I will not make too many concessions in profit distribution."

Jack Welch asked: "Simon, do you think 'Survivor' can reach the ratings of 'Who Will Be a Millionaire'?"

"I can't guarantee it, but you have already missed an opportunity. If you miss it again, then I can only say regret. However, among the remaining three reality shows, I am most optimistic about "Survivor"."

Jack Welch was silent for a moment with the club in his hand, then looked at Larry Cuppin again.

Larry Cuppin knew that he didn't have much right to speak here, but nodded slightly. Once New World Entertainment goes bankrupt, as a shareholder, he actually loses the most, because the shares of New World Entertainment will become worthless. At the beginning, he and several partners only spent more than 10 million US dollars to get New World Pictures, and in the following years, they basically used other people's money for capital operation. In this situation, they can still recover some funds.

"Then," Jack Welch no longer hesitated, stretched out his hand to Simon, and said, "Deal."

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