Hollywood Hunter

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Same Sunday, Los Angeles.

Michael Ovitz, who had watched James Raybold's "Today Show" interview in its entirety at breakfast, naturally didn't believe James' equivocal response at all.

According to recent inquiries, it is an indisputable fact that Daenerys Entertainment is preparing to bid for mca.

Originally planned to spend the weekend with his family, Ovitz had to continue working on the weekend because yesterday's The Hollywood Reporter suddenly revealed Daenerys Entertainment's acquisition intentions and today's "Today Show" interview.

From the second half of last year to now, the caa team has been busy for a whole year for the mca acquisition.

If this acquisition fails, not only the entire team's busy year will be wasted, but also the loss of tens of millions of dollars in consulting fees, which is not what Ovitz wants to see.

However, Ovitz also understands that the problems he is facing now are very difficult.

During the initial contact with Ovitz last year, Panasonic expressed its willingness to make an offer of up to US$90 for the acquisition of mca, which is equivalent to a total transaction volume of US$9 billion based on mca's total share capital of nearly 100 million shares.

However, as the Japanese economy continued to deteriorate in the past six months, Panasonic's attitude has become increasingly conservative. On the other hand, the outbreak of the Kuwait war caused the U.S. stock market to fall across the board. At the close of last Friday, the stock price of mca had fallen to $36, and Panasonic was even less likely to offer another $90 a share.

The problem now is that this acquisition must be accelerated while urging Panasonic to further increase its offer for mca.

Before eight o'clock in the morning, Michael Ovitz arrived at caa's headquarters in Century City. The members of the core team of the mca acquisition case also arrived, as well as Qinggu Miko, the representative of Panasonic in this acquisition case.

The meeting to discuss various countermeasures lasted all morning. At noon, Ovitz also had a phone call with Akio Furui, president of Panasonic at the headquarters of Panasonic in Osaka, Japan.

Akio Furui has always hoped to enter the United States since he became the president of Panasonic in 1986, but he was suppressed by the conservative Panasonic founder Konosuke Matsushita before last year.

However, to Ovitz's disappointment, Akio Furui did not accept his proposal to raise the offer to $75 per share to complete the transaction as soon as possible, nor did he abandon the acquisition because of competition from Daenerys Entertainment.

After a busy morning, it was finally decided to start a new round of negotiations with mca next Wednesday to further discuss the details of the acquisition.

After lunch, see off Miko Qinggu, a core member of the mca acquisition team, Michael Ovitz, caa CFO and co-founder Bob Goldman, and two other executives, Sandy Kleeman and Ray Kurtzman is back in the morning meeting room again.

Panasonic's acquisition attitude is not firm enough, which makes everyone a little worried.

The crowd gathered around the conference table and waited for the secretary to serve coffee and leave, Bob Goldman suddenly said, "Many people in Hollywood probably don't want to see Daenerys Entertainment expand."

Sandy Kleeman, who helped Ovitz start the caa corporate agency business, said: "So what, do you think Warners, Fox, MGM, Columbia will now come out against this acquisition?"

This summer, "Sleeping with the Enemy" and "The Hand That Shakes the Cradle" in Daenerys Entertainment's 10-film plan have both achieved success. Not only Fox and Disney have benefited from them, but Warner, MGM, Columbia and other companies have achieved success. Both work closely with Daenerys Entertainment.

Ray Kertzman said at this time: "Paramount did not cooperate with Daenerys Entertainment, and, with the failure of the two projects of "Rocketman" and "Firebird", Martin Davis must be very concerned about Weiss Tello was very dissatisfied."

Sandy Clearman: "Just the Paramounts isn't enough."

Bob Goldman said again at this time: "You have made a mistake. It is not necessarily the same industry company that can prevent a studio from being merged. I mean, the three major unions in Hollywood."

Bob Goldman's voice fell, and the other three people in the conference room suddenly showed their expressions.

Daenerys Entertainment had a feud with the Screenwriters Guild of America because of the strike two years ago. Now Simon Westeros is constantly suppressing star pay through long-term contracts, and is still strictly controlling the cost of film production on the budget. It is beneficial to the development of studios, but it obviously damages the interests of the Hollywood Screenwriters Guild, Directors Guild and Actors Guild.

What's more, for two consecutive years, Daenerys Entertainment has occupied most of the top ten spots in the US box office list. Such a market share, if it merges with mca, has obviously constituted a monopoly suspicion.

If the three major labor unions file a lawsuit against the Federal Department of Justice at the same time, coupled with the cooperation of Hollywood studios such as Paramount, it is very likely that they want to prevent this acquisition of Daenerys Entertainment.

"I remembered the proposal by Senator Peter Brigle, Republican of Texas last Wednesday," Ray Kertzman quickly brought up another matter, seeing the other three people's eyes confused, and said: "I'll wait for someone to collect a piece of information for you. In short, the White House should not have a good opinion of Westeros now. In this case, the Department of Justice may not easily pass Daenerys Entertainment's application to acquire mca."

"And last year's Dustin and the others."

"Matthew Broderick, do you remember that young man?"

"..."

"..."

The four of them discussed at length for more than ten minutes, and Michael Ovitz quickly made a decision and said, "Bob, you are familiar with Martin Davis, ask him to talk as soon as possible, Sandy and Ray, the two of you are in charge of connecting the people in Washington, and I will communicate with the three major unions and Dustin in person."

After finalizing these, the four quickly began to act separately.

The weekend has gone by in the blink of an eye.

Monday, September 10.

Following the "Hollywood Reporter" last Saturday's exposure of Daenerys Entertainment's intention to acquire mca, the "Wall Street Journal" also exposed another development of mca's acquisition on Monday, saying with certainty that the Panasonic acquisition team will be on Wednesday this week. mca begins formal negotiations.

Michael Ovitz called Lou Wassalman's house directly after the Wall Street Journal news broke, accusing him of leaking information to the media and threatening to cancel Wednesday's agenda. Lou Wassalman vehemently denied Ovitz's accusations, and Wednesday's meeting will go ahead as usual after several disputes.

However, after continuous media reports, the news that Daenerys Entertainment and Panasonic may bid for mca is completely on the table.

On Monday morning, the North American stock market just opened, and the stock price of mca began to rise rapidly.

After a day of trading, as of the close in the afternoon, mca's stock price has soared from $36.75 at the opening to $41.25, an increase of 12%. By the close of Wednesday, mca's stock price has risen to $46.75, basically returning to the level before the Kuwait war broke out. .

Because of the time difference between the east and west coasts, when the executives of Panasonic and mca ended their negotiations at Universal Studios in Burbank on Wednesday, the east coast stock market had closed.

Also, things are showing signs of taking a sharp turn for the worse.

At the press conference after the meeting, mca president Sid Simberg bluntly stated that Panasonic's offer lacked sincerity. The recent stock price of mca was seriously undervalued due to force majeure factors. If Panasonic refused to raise the offer, the transaction between the two parties could only be stranded because of this. .

At the same time, Sid Simberg also said at the press conference that mca is a very good company, and he is very much looking forward to other companies being interested in this company.

The purpose of these last words could not be more obvious.

The media then continued to expose more specific details of the talks.

Sid Simberg, chairman of mca, expected a price of $80 per share, but Panasonic was only willing to make an offer of $60 per share. The gap between the two sides was huge, so the talks broke up.

Because of the failure of the talks, mca's stock rally slowed down significantly on the second day.

Although it is clear that Panasonic cannot give up the acquisition so easily, and mca will not easily drive away Panasonic, a competitor who can push up its own stock price, many people still turn their attention to Daenerys Entertainment, looking forward to Simon's shot .

Simon remained in New York this week, escaping the media scrutiny of the first week of the Forbes Rich List.

When the news came that Panasonic and mca were in a stalemate after the first public meeting, Simon completely put down his mind and waited patiently for the right time. During this time, Janet personally helped him choose and arrange one after another meal, reception, party and other activities.

It is impossible to quickly accumulate a huge net worth without a corresponding network, and it is not a wise move to completely hand over the network to the executives of its subsidiaries.

Every time Simon goes to Melbourne, the Johnston family will arrange similar activities for Simon to participate. Janet has completely inherited the family's vision and skills in building a network of contacts. Women can help Simon avoid many useless communication just by instinct. Socializing does not require blindly groping in and out of various circles like many new rich people.

To further confuse the media and the public, Simon also made a splash at a party hosted by Steve Ross at his home in East Hampton, Long Island, New York.

Immediately after, news emerged in the media that Daenerys Entertainment may seek to merge with Time Warner.

Everyone in the circle knows that Steve Ross is a man with a strong desire for power, and Simon will also not let go of Daenerys Entertainment's control, so the possibility of a merger between the two companies is very low. However, the world has always been more people who don't know the truth.

Shares of Time Warner also rose on the news.

Neither Daenerys Entertainment nor Time Warner has clarified this. Simon is trying to confuse the public. Steve Ross also hopes that Time Warner can show some positives, even if it is a false positive, it can make the Time Warner The pressure on the leader has been reduced a lot.

After the completion of the Time Warner merger after twists and turns at the beginning of this year, due to internal management struggles, the deterioration of the external economic situation, and the substantial increase in corporate debt, the synergy effect that all parties expected before the merger of Time Company and Warner Bros. was greater than two. It did not appear, and Time Warner's stock price fell all the way.

Up to now, Time Warner, a media giant with total assets of nearly 25 billion US dollars, has a market value of only more than 8 billion US dollars and liabilities of more than 10 billion US dollars. Compared with before the merger, when Paramount Communications tried to cut off the acquisition, it only offered $10.7 billion to Time Inc.

In recent months, some media outlets have compared the Time Warner merger to the Reynolds-Nabisco merger a year earlier.

Frankly speaking, because the internal situation of Time Warner is too complicated, even if Steve Ross is willing to sell the company, Simon will not take it easily.

After two turbulent weeks, Simon left New York again on September 17 and flew to the West Sea

Shore of San Francisco.

A few days ago, Larry Ellison's control of Oracle was once again exchanged for a board seat at the company, and Carol Bartz, who was in charge of the software business of Igret, was appointed. Not aimlessly.

The use of database software on Internet sites is very extensive, and the appointment of Carol Bartz as Oracle's director can further strengthen the relationship between Oracle database software and Igret's World Wide Web technology.

On the other hand, Oracle's upcoming layoffs are mainly concentrated in the software sales department. It just so happens that Carol Bartz is building Igreit's software sales network, and this time he can poach a group of available sales department employees from Oracle.

Although Oracle has made major mistakes in sales strategy in the past two years, there is no doubt about its rapid growth in performance, which is largely due to the Oracle software sales team.

In addition, Carol Bartz, inspired by Simon's memo on 'Cloud Computing' left at Igret, hopes to turn Igret's software division into a one-stop web-based A technical support company for Internet sites, providing a complete set of solutions involving software and hardware for users who want to build a website, rather than simply selling related software products.

Different from the original time and space, at this time, Igreat almost monopolized the technical patents related to the World Wide Web.

Although Simon maintains an open licensing attitude as much as possible, considering the explosive growth of websites based on World Wide Web technology in the next few years, just thinking about it, Simon realizes that Carol Bartz's vision, if realized, will mean that What a huge benefit.

Moreover, this is definitely not something that the Igret family can accomplish, and must combine all the new technology enterprise resources under the Westeros Company.

Of course, this plan cannot be achieved overnight.

Simon rushed to San Francisco, in addition to listening to Carol Bartz's business plan, but also to mediate the dispute between Carol Bartz and Jeff Bezos again.

Simon gave the majority of the $35 million to the network department of the $50 million that he injected into Igret last time. Carol Bartz believes that his software department is the most important at this stage and should be divided. To get more funds, so after Simon left last time, he and Jeff Bezos 'arguably fought' and wanted to split the funds equally.

Carol Butts and Jeff Bezos are both very strong personalities, and they have unknowingly marginalized Tim Berners-Lee as CEO to chief technology within a few months of joining. official status.

Tim Berners-Lee is the kind of tech nerd similar to Apple founder Steve Wozniak, who found that he really couldn't control his two nominal subordinates, and he was very simple He did not participate in the disputes between the two, and only focused on the research and development of the World Wide Web technology project that he was responsible for.

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