The Best Entertainment Era

Chapter 508: 2 sides eat all

Walking into the lobby of the bank office building, Henry came to the coffee machine, coined a cup of coffee, glanced at his hand, and went to the unmanned corner of the lobby rest area, drinking coffee while watching the movement in the elevator.

I just heard that Judith went upstairs with an important client to go through the application procedures.

I looked at the time and sipped coffee without hurries. A cup of coffee will be finished. Two people, one man and one woman, walk out of the elevator.

The blond is Judith, and the one next to him is Ronan Anderson, a major customer of the Los Angeles branch.

The two went straight to the door of the hall, shook hands and said goodbye, and then Ronan Anderson left.

Judith walked towards the office and Henry glanced at the file bag she was holding, which was used exclusively for loan applications.

It seems that the news he got is correct. Relativity Entertainment Group is applying for a large loan from Bank of America.

The specific loan amount is a commercial secret of the bank, and he can't find out what he can, unless he asks Judith directly.

But it's not worth it.

Henry put down his coffee cup, took out his cell phone, dialed a number, and started speaking in a low voice.

Universal Studios, NBC's Bennault and Vivendi's Jean Pierce's new contact, once again reached a deadlock.

Benalt looked serious: "Your asking price is seriously inconsistent with the actual value of Universal Pictures, which is very different from our assessment!"

Jean-Pierce said: "Is it possible for you to acquire Universal Pictures for $11 billion? You have been planning to acquire Universal Pictures since the mid-1990s. You should have a good understanding of the actual value of this company."

Benarte thought of Vivendi’s difficult situation and said: "Since your lack of sincerity, we have no need to talk about it."

Jean Pierce is neither humble nor overbearing, and said with a calm smile: "Universal Pictures Entertainment Group is a high-quality asset, there is no shortage of next home."

Hearing this sentence, a name flashed in his mind-Relativity Entertainment Group!

The preliminary negotiations between the two parties broke up again. They boarded a commercial car and left Universal Studios. Benalt’s assistant answered the phone and hung up and said to Benalt: "President, just got the Los Angeles branch of Bank of America. According to the feedback, Ronan Anderson of Relativity Entertainment Group applied for a large loan from Bank of America, the specific amount is unknown."

Benalt's already serious face became more serious: "I see."

Based on the ability of entertainment in the theory of relativity, it is difficult to apply for a large loan, and the success rate is not high, but what if it succeeds?

After all, he and Relativity Entertainment are both first-class quality customers of Bank of America.

Benarde quickly made a decision: "Go back to the hotel and call a conference call immediately."

The assistant quickly took out his mobile phone: "I will notify you."

In the office of the president of Burbank's Relativity Entertainment, Robert Iger said to Ronan: "Vivendi did not directly reject it. There are ideas to talk about, but he has greater doubts about the number of films."

Ronan got an overview of the situation and said: "Talk to them. Our goal is "Jurassic Park", "Hulk" and "Fast and Furious", and the rest can be given up."

Robert Iger said directly: "The "Hulk" movie failed miserably. "Fast and Furious" is a medium-to-low-scale film. These problems are not big. In the library of thousands of copyrights, the two less likely to be dealt with. Will care. But "Jurassic Park" is very difficult, this series has too much influence."

Ronan knew the difficulty, and said: "The third part has broken this series and was shelved indefinitely by Universal Pictures. On the basis of guaranteeing "Hulk" and "Fast and Passion", he tried his best to fight for it. ."

Robert Iger answered: "I will not miss any chance."

Ronan didn't say much, except for cooperating in the campaign, all the specific work was left to Robert Iger.

The next day, Robert Iger came to Universal Pictures again and negotiated with Vivendi’s Jean Pierce on a copyright transaction.

The favorable situation is that Vivendi is very interested in selling a few unremarkable film rights in exchange for hundreds of millions of dollars.

The disadvantage is that they have certain doubts about the number of films proposed by Relativity Entertainment.

After half a day of negotiations, although Jean Pierce did not really let go, his attitude towards the transfer of the copyrights of the "Hulk" and "Fast and Furious" series was obviously loosened by Universal Pictures.

The difference between the two parties lies in the price and the copyright of Jurassic Park.

After all, "Jurassic Park 3" is relatively unsuccessful, and has a global box office of more than 368 million US dollars.

Vivendi naturally knows the actual value of this series. It is not impossible to sell it to Relativity Entertainment. Please pay 1.5 billion US dollars.

Of Robert Iger’s $200 million offer, $150 million is actually for the "Jurassic Park" series.

The price difference between the two sides is too much.

The other two copyrights were discussed smoothly, but Vivendi’s asking price was also very high. The Hulk movie failed, but still asking for US$20 million.

And for two consecutive "Fast and Furious" series with a box office of more than 100 million in North America, Vivendi made a sky-high price of US$100 million.

After all, although the peripheral income of this series is average, the box office and DVD profits are good.

It is not difficult to buy the copyright of the Hulk at a low price, but Vivendi has also been involved in the entertainment industry for many years, and is very clear about the value of "Fast and Furious", which can be regarded as a moderately hot movie.

After several days of see-saws, Robert Iger and Jean Pierce finally reached an agreement on the total copyright transfer of "Hulk" and "Fast and Furious" plus $100 million.

On the night the two sides reached an agreement, Robert Iger received a visitor at Tom Cruise's water club in Malibu.

Bernat offered to meet Robert Iger again.

"Bob, I don't know how you talked with Mr. Anderson?" Bernat asked directly.

Robert Iger said: "Relativity Entertainment has done a lot of preliminary work, it is impossible to give up casually."

NBC's comprehensive evaluation of Universal Pictures has begun to end. Bernat does not want to continue to entangle it, otherwise it will be more troublesome for other competitors to appear later, saying: "I am very interested in how to convince your boss."

Robert Iger was prepared for this. The conditions were too high. NBC definitely disagrees. Of course, he can’t mention too low. He calmly said: “In response to this acquisition, Relativity Entertainment used multiple channels from overseas and banks. Interest financing, if we choose to give up, we will lose a lot of interest in financing. After I talked last time, Mr. Anderson is full of doubts about the result of paying high interest for not achieving the goal."

Bernat remained quiet, this question of interest can never be passed on to NBC, right? He asked, "What are your plans for this?"

Robert Iger said: "Mr. Anderson has no plan. The way to avoid paying high interest in vain is to complete the existing plan."

Financing from multiple sources overseas, no bank of America applied for a loan, and it is said that the shares of Relativity Entertainment would have to be mortgaged. This young producer, just like he chose to invest heavily in making pirate movies, dare to gamble.

With this in mind, Bernat felt that Ronan Anderson’s gamble is very heavy. After all, after "Cut Throat", let alone invest US$140 million to shoot pirate movies, who would dare to invest more than US$10 million to shoot pirates? sheet?

Ronan Anderson not only made a big bet on "Pirates of the Caribbean," he also succeeded!

Dare to gamble, and have the ability to bet success!

Can not be ignored!

Bernat asked: "You should have a record of loan and interest settlement for failed acquisitions, right?"

Robert Iger smiled and said: "We raise funds from other places to make up for the loss in interest, but we have not found specific channels for the time being. We can only go one step at a time. As long as the acquisition is successful, part of Universal Pictures Entertainment Group's business Splitting up for sale, these are actually not a problem."

He changed his voice: "To tell you, there is also a failure plan. Mr. Anderson has a portion of capital and stock, and he can provide the group company with a five-year interest-free loan of US$200 million."

Hearing this, Bernat immediately understood what Robert Iger meant. Although he was asking for conditions, the words came out of Robert Iger's mouth, which was tactfully and not very offensive.

"NBC can be responsible for this interest-free loan." Bernat made a quick decision: "50 million US dollars."

Robert Iger thought for a while and said, "The minimum is $100 million."

Bernat groaned that although the $100 million interest-free loan has a certain loss in interest and depreciation, it can return to NBC after five years. Strictly speaking, there is not much loss, but Relativity Entertainment continues to participate in the bidding. NBC may have to pay $13 billion far more than the psychological reserve price.

Relativity Entertainment is one of the best-performing companies in Hollywood's second-tier companies. The members of Hollywood's top six are extremely attractive to them.

And unlike those outside the circle, they have actual operating capabilities.

This account is not difficult to calculate ~www.wuxiaspot.com~ Bernat quickly said: "You can submit a loan application, 100 million US dollars five-year interest-free loan."

Robert Iger did a full set of the play: "I'll go to Mr. Anderson immediately." He said before leaving: "I hope you can keep it confidential for the time being. If Mr. Anderson agrees to withdraw, I hope we can sign a confidentiality agreement."

Bernat looked at it with a little puzzlement, and Robert Iger briefly explained: "Once the news spreads and it is learned that we will abandon the acquisition of Universal Pictures, investors will have a lot of troubles, which may seriously affect the cash flow of Relativity Entertainment. ."

"This is my idea." Bernat said: "We must sign the relevant agreement."

Robert Iger smiled: "If I can convince Mr. Anderson, the external attitude of Relativity Entertainment is not important, because you know very well that we have given up. This is also conducive to giving the Vivendi Group the illusion that you will always They all have competitors and may not actively contact new buyers."

Bernat said directly: "We are all American companies, and we should be consistent with the outside world."

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