Hollywood Hunter

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After the Justice Department officially approved Daenerys Entertainment's acquisition of mca, the pace of the merger that was already underway between the two companies began to accelerate.

Daenerys Entertainment continued to announce various news about corporate finance and personnel in the following week, which was dizzying, so few people realized what the news meant.

At the press conference on the day the acquisition was approved, Amy Pascal, CEO of Daenerys Entertainment, announced that Daenerys Entertainment’s equity delivery to mca shareholders will be completely completed by the end of February.

At the same time, the funds used by Daenerys Entertainment to acquire mca will all be obtained through loans.

The next day, Daenerys Entertainment announced again that it will be cooperating with legendary Hollywood director Steven Spielberg on two projects at the same time, namely the dinosaur sci-fi movie "Jurassic Park" and the story about the Holocaust of World War II. "Schindler's List" from the past.

Although Daenerys Entertainment is not a listed company, the announcement of this cooperation has made the industry more optimistic about the new Daenerys Entertainment Group, which suddenly has an additional $7 billion in debt. It's not just because of Daenerys Entertainment's collaboration with Steven Spielberg, but also the other meanings behind the Schindler's List project.

Subsequently, Daenerys Entertainment CEO Amy Pascal, whose contract will expire in March this year, announced a renewal.

The powerful woman in Hollywood who helped Simon Westeros build Daenerys Entertainment Group in just a few years, the contract renewal terms have become the focus of the media's attention, which has attracted all kinds of speculation for a while.

After a lot of discussion, the entertainment information section of the Igret portal finally revealed the answer.

Amy Pascal's new contract, which lasts three years, raises the base salary to $750,000 a year, with the same sharing clause as the 1987 agreement.

Also belonging to the Westeros system, the news of the Igret portal is actually equivalent to an official official announcement.

However, the interpretation of this contract has not stopped.

Most media originally predicted that Amy Pascal’s contract period this time is likely to be the usual 5-year contract for Hollywood executives. The leaders of several major Hollywood studios, Michael Eisner, Peter Cooper, Snow The contracts of Leigh Lansing et al.

Therefore, the 3-year period is very interesting.

The industry media did not feel that this was a sign that Amy Pascal might be leaving Daenerys Entertainment, otherwise, it would be impossible for Westeros to give Daenerys Entertainment’s scale has expanded countless times. The female executive has the same salary contract as four years ago with 5% of corporate net profit and the same amount of equity awards.

You must know that the income dividend ratio of the helms of various studios in the industry is usually only 2%.

Even if Daenerys Entertainment will face a lot of debt pressure in the next few years, resulting in shrinking profits, the salary contract, which is equivalent to 10% of the company's net profit, is definitely a big deal.

Well, back to Pascal's contract term.

3 years.

Most likely means another node.

As we all know, before the corporate IPO, the contracts of company executives need to be readjusted.

Daenerys Entertainment has just merged with mca. It is not wise to start an IPO plan in the short term. The digestion time of 3 years seems to be just right.

At the same time, several in-depth cooperation agreements between Daenerys Entertainment and Panasonic also appeared in the media, so the outside world finally learned why Panasonic simply and neatly withdrew from the bidding for mca.

In a series of news hotspots, negative news is inevitable.

Before the acquisition was approved by the U.S. Department of Justice, Daenerys Entertainment had as many as 3,000 employees. The revenue of the two companies in the past fiscal year was similar, but mca had more than 12,000 employees worldwide.

After Westeros acquired Bell Atlantic, the reason why it chose not to lay off staff is mainly because the rapid expansion of the telecommunications industry in the field of mobile communications and the Internet can naturally digest Bell Atlantic's excess human resources.

Moreover, because he does not know too much about the telecommunications industry, and Bell Atlantic does not need to lay off staff and cut expenses to solve the debt problem, Simon finally chose to do nothing rather than remain silent.

mca is different.

Because Daenerys Entertainment and mca have a large number of overlapping functional departments, mca, under the management of Lou Vassalman, who has long since disappeared, inevitably has serious redundancy problems that are common in large companies.

Therefore, layoffs are inevitable.

"The Hollywood Reporter" first exposed Daenerys Entertainment's large-scale layoff plan of up to 3,000 people in the new company after the merger is completed.

Employment has always been a focus of American society.

For politicians, the employment rate is a measure of their performance. For enterprises, ensuring employment is also a reflection of corporate image and social responsibility.

All of a sudden, 3,000 people could lose their jobs, and the whole of Hollywood was shaking.

The three major trade unions that were forced to give up blocking Daenerys Entertainment's acquisition of mca at first came forward and condemned the possible layoffs that Daenerys Entertainment might take. The North American media and various labor security organizations in California have also begun to pay attention to this matter.

The matter developed to the end, the new president who just took office at the beginning of the year

The state governor and several California lawmakers have expressed concern over the incident

Facing the pressure of public opinion, after a brief silence for a few days, Daenerys Entertainment quickly clarified that there are no layoffs of up to 3,000 people.

However, because the merger of the two companies has brought a lot of duplicate jobs, Daenerys Entertainment had to make a choice, but it can be guaranteed that the scale of layoffs will be strictly limited to less than 1,000 people.

At the same time, Daenerys Entertainment also promised to recreate at least 1,000 jobs in the next three years through its own business expansion.

The number of layoffs has been reduced from the rumored 3,000 to 1,000. Although accusations are still inevitable, the outside world is obviously much more receptive.

While the merger case continues to advance, the Valentine's Day schedule in February in North America has also quietly opened.

Last year's Valentine's Day saw box office dark horses like "Pretty Woman", and this year, Daenerys Entertainment's films have also received additional media attention.

However, compared to "Pretty Woman", the film released by Daenerys Entertainment this Valentine's Day appears to be a lot more non-mainstream.

Moreover, the most watched film in North American theaters is still "Home Alone" last Christmas.

As of February 7, one week before the Valentine's Day schedule, "Home Alone", which opened in its seventh week, once again earned $12.93 million at the box office. Seven weeks into its release, the phenomenal children's comedy has grossed $191.59 million at the box office.

On February 8th, the Valentine's Day schedule opened, and Daenerys Entertainment's New World Pictures produced and released "Reverse Fighting Wisdom Stars" with a scale of 1,739 screens. At the same time, Warner Bros. produced George W. Miller's high-budget fantasy adventure film "Big Devil 2" and the romance film "La Story" produced by Samsung, a subsidiary of Columbia Pictures.

The fantasy adventure feature film "Big Devil" based on a famous German children's book had a huge budget of 26 million US dollars when the first film was released in 1984. Although the North American box office was not very successful at that time, with only over 20 million, but because of the excellent special effects scenes, it recovered about 100 million US dollars at the global box office at that time.

This time, "Big Devil 2", Warner invited George Miller to direct, and once again invested a huge budget of 36 million US dollars, which can be described as the most favorable box office championship contender in this Valentine's Day schedule.

However, the box-office performance of several films this Valentine's Day has surprised many.

From February 8th to February 14th, the first week of Valentine's Day, the top one-week box office chart is not George Miller's "Big Devil 2", nor is it "La Story" that fits the atmosphere of Valentine's Day very well. , but the non-mainstream nonsensical vulgar comedy "Fighting Wisdom and Many Stars".

In its first week, "Saturday Night Live" star Mike Myers earned $21.7 million at the box office in seven days for the sleazy comedy that lacks a mainline plot.

Even with Daenerys Entertainment's consistently excellent publicity campaign, many film critics gave positive comments such as freshness and fun after the film was released, but everyone still did not expect that this alternative that lacks selling points no matter how you look at it. Comedy films can gross more than $20 million in their first week.

Inside Daenerys Entertainment, although many people know that this project was personally selected by Simon, even Danny Morris, president of New World Pictures, who is in charge of the production of "Fighting Wisdom", believed that before the film was released It would be a miracle if the film could make $50 million at the North American box office, and several project directors set up a small gamble for it.

Then, Danny Morris was naturally the loser, but also happily.

The unexpected box office of 21.7 million US dollars in the first week, combined with the film's media reputation and good topicality, means that "Fighting Wisdom and Many Stars" is expected to have a beautiful long-term box office.

The 50 million local box office may just be a guarantee.

However, because the content of the film involves too many jokes that only Americans can understand, the distribution team does not have much expectations for the film's overseas box office.

After "Fighting Wisdom and Many Stars", it was not two new films that ranked second in the weekly box office list, but "Home Alone".

In the eighth week of its release, "Home Alone" lost its weekly box office champion position for the first time, but the box office decline remained at a very good 21%, and it collected another $10.22 million.

At the same time, the film's total domestic box office in North America also officially exceeded the $200 million mark, reaching $201.81 million.

Based on Home Alone's phenomenal box-office momentum, the film typically has a total screen life of around 25 weeks.

It is not difficult to predict that after eight weeks of painting, "Home Alone" will probably be able to stay in North American theaters for 4 months.

Although starting next week, the weekly box office of "Home Alone" will fall to less than 10 million US dollars, but it will be screened for up to 4 months, during which it will experience Easter, a popular schedule that is also suitable for family fun. It is not difficult to accumulate another 80 million US dollars at the box office, and it is still expected to eventually reach the level of 280 million US dollars at the North American box office in the original time and space.

With a production budget of $18 million, only North America can harvest $280 million at the box office. The crazy rate of return makes the entire Hollywood hard to hide the envy.

Because of this recent series of events, coupled with a certain date approaching, Simon, who has been trying to reduce his personal exposure, will inevitably be in the media spotlight again.

February 22.

Simon Westeros' 23rd birthday

.

Although there is no shortage of media speculation during this time that the debt of the Westeros system of tens of billions of dollars may drag down Westeros' personal wealth. However, the fact is that the Gulf War broke out for a month, because of the successive victories of the multinational forces, as the dominance of this war, the US stock market quickly got rid of the haze of the war and began to rebound.

In just one month, the Dow Jones index rose 23% compared to before the war, and the S\u0026P 500 index rebounded by 25%.

Look back at this time.

Simon Westeroka's decisive and quick completion of the acquisition of Bell Atlantic and mca at the time point before the outbreak of the war can be called a genius.

If the two acquisitions dragged on after the war broke out, and only rose according to the standard of the broader market, it would be impossible for Westeros to win the two companies at the original price.

After all, Westeros’ original offer for Bell Atlantic was only about 30% higher than the share price before the offer. Although the premium for mca's acquisition is higher, it is also because mca's stock price has been seriously dragged down by the continued downturn in the US economic situation for more than a year before.

You know, two years ago, caa president Michael Ovitz made a test to mca on behalf of Sony, and Lou Vasalman's offer was as high as 8 billion US dollars.

As for Bell Atlantic, Daenerys Entertainment picked up a big bargain. Simon may have to pay an additional $2 billion for Bell Atlantic if it drags on after the war.

Now, it's just that the value of the two companies themselves rebounds naturally with the overall economic situation in the United States, which brings Simon a huge potential gain.

If necessary, Simon can easily relieve the debt pressure faced by the Westeros system by selling some of the shares of the two companies.

What's more, Simon doesn't actually need to do this.

After more than a month of financial audits, Daenerys Entertainment's 1990 financial report was finally released.

Throughout 1990, Daenerys Entertainment's net profit last year reached US$1.12 billion, which was higher than the original expectation of around US$1 billion, through the huge profits from movies, TV, games, consumer goods, and soundtracks. more than $100 million.

Although Daenerys Entertainment’s earnings last year were basically siphoned off and used for other investments in the Westeros system, then, relying on the follow-up channels of a series of blockbuster films in the past few years, only calculated and Before the merger of mca, Daenerys Entertainment, the company's earnings in 1991, can still reach the level of 1990.

Therefore, the revenue contributed by Daenerys Entertainment alone is enough to pay the debts due to the entire Westeros system.

As the U.S. stock market continues to rebound and the original three-year promise to not reduce its holdings in technology stocks expires, Westeros can also cash in huge sums of money from the technology stock market at any time if needed.

What's more, the two major corporate giants Bell Atlantic and mca acquired this time can also continue to generate huge cash flow and profit.

Since the tens of billions of dollars in debt will not pose a threat to the Westeros system, it is not difficult to imagine that Simon Westeros' personal wealth will not shrink with the recovery of the overall economic situation in the United States, but is more likely to continue. Increase.

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