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Chapter 725: Fighting for the Future Partners of CAA

"Mr. Li, I'm glad you took the time to meet me and used your resources to help me a small agent." Kevin Huwen, one of the partners of CAA, came to Ronald's home and was very sincere.

Thanks to Ronald for taking the time to help him solve the financing problem of purchasing CAA's equity.

Among the young agents known as the young Turks, Kevin Huwen was closest to Ronald, and Richard went to help solve the hosting

When David Letterman was involved in the matter, Kevin Huwen even acted in Ronald's broker business for a while.

When Michael Orwitz thought he was smart and ambiguously announced in the company that someone was poaching him, but he had not made a decision yet, these young agents had already regarded Orwitz as selling him to CAA as ten percent of the time.

The conclusion is made.

So everyone looks for opportunities to go with banks or rich people, find ways to raise funds, and use cash loans as much as possible to buy shares that Orwitz spit out.

However, although these brokers usually have a say in celebrities and studios, in the eyes of banks, the equity in the broker's business is not a good collateral.

First of all, banks don’t know much about unpopular businesses like brokers. In Hollywood and the entire America, there are only four or five larger broker companies in total. And such partnerships generally don’t come.

Borrowing from banks.

So as managers of lending departments of commercial banks, they don’t know how much a brokerage partner will be worth in the next five years?

Their favorite borrowers of loan business are those with actual assets that can be mortgaged. For example, a steel mill or a real estate company, if the price of the mortgage is calculated, it only depends on the futures price of the day, or the property in the market.

The price for sale and rental can be quickly settled.

For an agent company, you need to understand a lot about Hollywood business and broker income composition, as well as the business of this broker company will expand its share or shrink in the next five to ten years?

If you really have this ability, you will not be a manager of a small lending business in a commercial bank.

Of course, as the largest brokerage company in Hollywood, CAA will definitely have some commercial banks interested in their shares mortgages.

However, such equity mortgages are based on the account flow of CAA's business operations in the past few years to serve as a valuation of collateral. As a non-listed company, CAA does not have the obligation to disclose financial reports. If you do not look at your account, you must determine a

The value of the company is simply an impossible task.

But Orwitz has not officially announced the sale of his shares in CAA, so the CAA's account book is still confidential and is not open to anyone. These poor young partners cannot obtain anything from normal commercial banks.

Loans that require purchase of equity.

However, the opportunity to buy equity will not appear often, and with Orwitz's personality, he will not give these young partners too long to raise funds. So in this period of time that has not been announced, everyone is

Want to find the money, and then prepare to rush forward.

Whoever can find more money at the first time can buy more CAA shares. Those who don’t have time to apply for bank loans are likely to be able to only get a minimum equity. Originally, everyone was on par

Partners will become superiors and subordinates due to the difference in the speed of finding money. Which young Turk can stand it?

I borrow from my parents, from celebrity friends I know, or from other rich people, and even have one or two handsome partners, or even have the idea of ​​getting into those rich middle-aged Hollywood stars.

At the critical moment, Richard suddenly extended an olive branch to Kevin Huwen. Ronald had a way to borrow enough money to buy shares with interest rates slightly lower than the market interest rate.

Although I don’t know what to do in the end, Kevin Huwen was very respectful when he met Ronald. After all, this is a big shot who decides his future career and wealth level.

"First of all, Kevin, I'm very happy that you can come to me to find a solution. This means that I am a trustworthy person in your heart..." Ronald just smiled, then poured him a cup of black tea and asked him

taste.

“As a film director and producer, I have received a lot of help from agents, whether it is my agent Richard, Nisita, or a young and promising agent like you, Orwitz is going to sell it.

Shares should be taken over by a backbone like you. I don’t want CAA to be taken over by a group of rich laymen who don’t understand broker business. After all, only professional talents like you understand Hollywood. It’s convenient for me to communicate. You know me.

What are the needs of actors and staff?... Are you right?"

"Of course, if I learned something at CAA, it is to always have a good relationship with the best directors in Hollywood, listen to their needs, meet their requirements, filming movies and TV series, just like military combat, need

A powerful general…ah, no, director.”

Kevin Huwen understands very well. He knows that the price offered by Ronald is to listen to him in important matters in the future. There is no problem with this. He originally wanted to flatter Ronald as a super producer.

I can't even curry favor with the super director.

"Very good, I have a good relationship with some of Goldman Sachs bankers. I told them about the dilemma you are facing, and they recommended a commercial bank with good reputation and gave you very suitable loans. For these

For bankers who are willing to enter the Hollywood industry, this is also making long-term investments."

This chapter is not finished yet, please click on the next page to continue reading the exciting content later! Kevin Huwen happily went through the procedures. In addition to him, there was also a partner who was close to Richard and another one.

Nisita's happy partners all got loans from Ronald.

This commercial bank is the Southern California National Bank, with a very big name. In fact, it is a local community bank based on Torrance, California, and its main business does not come from California.

This bank was indeed recommended to Ronald by Goldman Sachs bankers. However, the purpose of the recommendation is not to give a few boring things like this, but because Ronald wants to start interfering in the financial industry, he is preparing to

First acquire two small community banks and build your own financial branch business.

Although the Southern California National Bank has little business, it has a very obvious advantage, that is, it has passed a federal franchise license issued by the Federal Currency Supervision Agency (OCC). Although it is a small local bank, it can

Do business in America.

They spent a lot of effort to deal with the Federal Currency Supervision Agency, the Federal Reserve, and the Federal Deposit Insurance Company, and three banks that regulate federal operating rights, but because of the lack of funds, there was no progress in expansion.

Ronald's capital injection was less than US$50 million and he obtained the controlling stake in the bank. Due to regulatory reasons, the bank cannot be acquired through DDH Group. Ronald and his cousin established a

Private companies come to control the bank.

Of course, he was not idle in New York. He also invested $50 million to control a well-known community bank that had been operating in Manhattan for a long time, called Manhattan Savings Bank. This bank gave Helen some shares to her and

Little Linda, even if other investments fail in the future, she can live a good life with this bank shares.

Moreover, the bank that is based in Manhattan Island is used by those who are relatively low-level staff, and has a very good reputation locally. Although it is just a franchise bank in New York and cannot operate business from the state, if you have it, it will be

With the support of those secretary assistants who work on Manhattan Island, as well as many couriers, food delivery workers, catering practitioners, etc., people who have deposits at Manhattan Savings Bank.

Ronald does not need to expand the business scope of this bank. As long as he serves his existing customers and the housing mortgage business customers composed of some middle-class families, it is equivalent to adding another insurance to himself in public opinion.

From then on, whether it is newspapers (New York Daily News), TV (NBC local station), sports competitions (two professional sports teams), deposit and loan business (Manhattan Savings Bank), a normal Manhattan, Long Island, and

For a day for middle-class people on Stanton Island, they have to deal with the business that Ronald owns.

"There are also some agents who want to get this opportunity through me."

After Kevin Huwen left, Richard came over to report to Ronald.

"How is their relationship with you?" Luo Dad asked, wondering if Richard could control these brokers after Orwitz sold all his shares?

"Of course, Kevin is not as good as ours as the same interests as us..." Richard's answer means that as long as everyone has the same interests, they can still win their votes. But if the interests are different, he is not like Kevin

·Hu Wen is closely tied to an interest group composed of Ronald Richard and others.

"Then I can't help them." Ronald felt that such favors also had to control the number of people. Only those who were scarce could get the gratitude of those who had already received the favor. If everyone could get such a loan, then

What reward can people like Richard Nisita and Kevin Huwen get from previous resignations?

"Jay Moloney also got some opportunities, and I think he also has the idea of ​​giving these opportunities to some people he is close to."

The Jay Moloney mentioned by Richard was a partner who had a deep conflict with him when Richard was an intern. Unlike Richard, Jay Moloney was in Hollywood.

There are some relationships, and in recent years, he has also been very close to Harvey Weinstein of Miramax.

Credit Lyon Bank, which Ronald had dealt with before, has now received the promise of former MGM boss Corkerian to buy back MGM Pictures. Their crisis has gradually eased and he has been given the new commander of the National Congress.

The approval of the country was joined to the national rescue plan.

After withdrawing from the Hollywood studio business, they did not completely give up the Hollywood market. Instead, they had more cooperation with some independent producers and continued to provide bridge loans for their projects.

Miramax is one of their most important partners. Because Miramax's films usually participate in the three major European film festivals, and with the guarantee of awards from these film festivals, Credit Bank of Lyon is willing to distribute these projects.

A bridge loan is waiting for the box office returns obtained by the movie after the market in Ameriya and then repay the loan.

Jay Moloney also talked with Credit Lyon through Harvey Weinstein's relationship. Credit Lyon has a long history of participating in film investment in Hollywood, so they are interested in the energy of CAA partners in the industry.

I have all the knowledge. So I would like to provide them with some loans without looking at the account books. Of course, the interest rates of these loans are much higher than those provided by Ronald.

However, high-interest loans are also loans. For these young CAA partners who have no place to get financing, someone willing to lend them money is a victory.

If he keeps operating like this, it is very likely that Jay Moloney will become the invisible superior of many small partners like Richard Levitt in the new CAA after Orwitz leaves...

Each has a group of partners who will reunite around them.

This chapter is not over, please click on the next page to continue reading! Richard's meaning is that Jay Moloney cannot also get the look of the management partner, so after Orwitz leaves, another little Orwi comes.

Ts, CAA's management partner doesn't have much meaning.

Jay Moloney admires Orwitz's business philosophy very much, and with old-school agents like Richard and Nisita often conflicts in the way they deal with problems. Like Orwitz, he likes extremes.

It’s the same for celebrity customers, studios, or colleagues.

In order to save costs, Jay Moloney has also been in love with several celebrity clients. In order to make more profits, he still does everything he wants. Therefore, his nickname for Orwitz is also within CAA.

Know.

Ronald thought about it and made several more calls. Finally, Ronald gave Richard two cards with the name of the bank written on it.

One is Haifeng Bank on the East Coast, which is a wholly-owned subsidiary of Hong Kong's bank in Amiliga. They have also made a lot of investments in Hong Kong's film industry. As a bank that really wants to enter the Amiliga film and television industry market,

They offer these partners at CAA with lower interest rates than Credit Bank of Lyon, with no problem.

The other is China Merchants Bank in San Francisco, California. This bank mainly engages in Chinese business in California. It has a complex background but is very good business, but it is difficult to expand to a customer base other than Chinese. With Ronald's recommendation, there is

With such an opportunity, they are also willing to provide loans to certain partners in the CAA.

Of course, the amount they provide is lower than the interest rate is higher than the two banks controlled by Ronald.
Chapter completed!
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