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Chapter 495

In another office of Relativity Entertainment, Robert Eiger was caught in thinking after listening to what Ronan said, and he knew exactly what ambition his boss had.

Many young people also have various ambitions and desires, but in Robert Eiger's view, Ronan is completely different from those people.

Ronan has the ability to realize his ambitions, and will not be overwhelmed by ambitions and desires. He does not become too radical because of some success, thereby launching a leap forward development that does not conform to the actual situation of the company, resulting in a complete collapse after a brief glory.

Robert Iger has always believed that Ronan has a mature and calm attitude far beyond his age, and his ability is far beyond Michael Eisner of the same age.

Having said that, of course, Robert Iger would not know that Ronan's experience was extremely special. In fact, he was not a young man. He already had rich social experience and life experience. After stepping out of school, he worked hard for nearly twenty years, which was a small achievement.

Ronan said about Universal Pictures, which made Robert Iger realize that Ronan had ideas about Universal Pictures.

Robert Iger also wanted to become the operating officer or executive officer of Super Entertainment Group and then reach the peak of his life, but when he thought about the actual situation of Relativity Entertainment and Universal Pictures, as the chief operating officer of Relativity Entertainment, he thought he had his responsibilities and it was necessary to remind Ronan, the boss.

But he is not a person like Michael Eisner, and he always pays attention to ways and ways of working and dealing with people.

"Is this news true?" Robert Eiger asked naturally.

Ronan shook his head: "It's the rumor now. I have asked Robert Lee to verify it, but I analyzed that it is 80% true."

Robert Eiger thought for a while and said, "It is not surprising that Vivendy sells Universal Pictures. This group company that has been a water company is good at capital operations, rather than running the company carefully like us."

He said slowly: "In 2000, Vivendi acquired the Canadian Sigram Entertainment Group for US$34 billion, thus gaining absolute controlling stake in Universal Pictures and Universal Records. At the end of that year, combined with the group's own entertainment business and Polykin and other companies, the current Vivendi Universal Pictures Entertainment Group was formed."

Ronan understood the meaning of this, just like Walt Disney. After several changes in ownership, Universal Pictures actually became a comprehensive entertainment company.

Robert Iger also said: "When Vivendi reorganized Universal Pictures Entertainment Group, she had already split the entertainment business of Sigramu. But if they really wanted to sell Universal Pictures, it would be impossible to separate the film company separately. This means that the value of other businesses may be greatly reduced. It must be the overall sale of Universal Pictures Entertainment Group. With the usual style of a company like Vivendi, the sale price will be more than 10 billion US dollars."

He emphasized: "Based on my personal estimate, the current sale value of Universal Pictures Group is between US$10 billion and US$12 billion."

Hearing this, Ronan couldn't help laughing: "Excellent analysis." He paused for a moment and said: "Bob, are you worried that I will blindly launch the acquisition of Universal Pictures?"

When Robert Eiger heard Ronan say this, he couldn't help but feel relieved. Being able to speak in this tone means that Ronan was not confused: "I'm really worried."

Ronan waved his hand: "I can't even confirm whether the news is true or false."

Robert Eiger nodded, but asked directly: "Ronan, if the news is true, do you want to acquire Universal Pictures?"

"Of course I want to." Ronan said without hesitation: "Who in this industry can be unmoved by one of the six major Hollywood companies?"

He smiled: "But thinking is one thing, and whether it can be done is another."

"This is a nearly impossible task for us," Robert Iger said.

Luo Nan replied: "I know, but if the news is true, I still want to try it. Even if it fails, we will not lose much."

Robert Eiger heard something else: "Ronan, you mean..."

"Bob, you know how many acquisition plans we have in the future, and it is extremely difficult." Ronan said straightforwardly: "There are a few people in the company, except for you, who have no experience in large-scale acquisitions."

Robert Eiger suddenly realized: "I understand, this is an opportunity to accumulate experience." He is a professional manager with extremely rich experience, and his heart moved: "If the news is confirmed, we can formulate a plan and establish a special response team to follow the actual acquisition operation..."

Ronan slowly tapped his finger: "You can attack when you advance, and you can defend when you retreat."

"It's true." Robert Iger also said to himself: "I also hope we have the opportunity to get involved in Universal Pictures."

Ronan smiled: "It's very slim."

Robert Eiger can imagine, but as an operational officer of a company, he must be sober: "It's harder than a snake swallowing an elephant."

As if to remind Ronan, it also seemed to be reminding himself not to be confused. He said: "In the past style of Vivendi Group, acquisitions are nothing more than two ways. The first is cash acquisition. Currently, the entire group company has a reserve of US$400 million, and by the end of the year, this number can increase to US$500 million. This is far from enough. We must raise funds."

Robert Iger said the truth: "With the current strength of Relativity Entertainment, I am confident that I will raise or borrow $1 billion to $1.5 billion, but it will be very difficult to add more, and it is not something that can be achieved in the short term. This huge funding gap is something we cannot solve at present."

Compared with most Hollywood companies, Relative Theory Entertainment has developed very fast and very stable, but it is still not enough to see such huge capital.

In particular, while completing the acquisition, it cannot affect the normal operation of the existing business, otherwise it will lose all its significance, and the interest generated by high loans cannot be ignored.

Robert Iger continued: "The second way is to exchange shares with Vivendi for acquisition. Ronan, Relativity Entertainment has not been listed, and even if it is valuation, it is far from Universal Pictures Group. Even if we use the method of stock exchange and cash, Relativity Entertainment will probably change its owner."

This is something Ronan cannot accept in any case. Once other voices can affect the company's decision, Relativity Entertainment will definitely not be able to develop rapidly in the general direction he sets as it is now.

Ronan knew very well that even with his good cooperative relationship with Bank of America, the other party would not be able to lend a loan that seriously exceeds the value of relativistic entertainment.

"I thought we were developing very fast." Ronan smiled: "Our scale is still too small."

Robert Iger said: "The rise of relativity entertainment is unprecedented in Hollywood in recent decades. It is not an exaggeration to say that the Rockets are generally rising. No matter how fast we are, we will have a poor foundation. If there is problems with internal instability, it will collapse even if it develops quickly."

He also said: "If there is a chance, we may not try it, but it will not affect the normal operation of the existing business."

In the end, if the rabbit can't eat it and fall down and get up, it will be a waste of money.

Ronan thought for a while and said slowly: "Even if there is no chance, we can create opportunities to see if we can get some benefits from it."

Once Vivendi sells Universal Pictures Group, no matter who the transaction is, there will inevitably be internal turmoil. Perhaps he can take advantage of the chaos to find an opportunity to win the copyright of the Hulk's film and television adaptation.

Ronan will not completely give up the possible opportunities in it, and make preparations on the basis of keeping a clear mind. What if Vivandy can't find a buyer?

Hope will always exist, but as a party, you cannot have too many fantasies about hope, otherwise it will affect your judgment.

Ronan discussed the risks and possibilities with Robert Eiger for the whole afternoon. If Robert Lee can confirm the news, Robert Eiger will lead the formation of a special group.

During this period, Ron Mayer called Ron Mayer, who had several times, and Ron Mayer told him directly that he was not very clear.

It's obvious that Vivendi and Universal Pictures are in control of the news.

The next day, Connie handed Ronan and Robert Eiger a lot of detailed information about Vivendy and Universal Pictures respectively.

Ronan only found out after reading the information that Vivendi was Blizzard's parent company.

Vivendy was first established by Napoleon III as a tax company. In the 1970s, he began to transform and develop into a giant company involving many businesses such as water, architecture, film, music, and publishing. He has always been ranked among the top 100 in the world's top 500.

A few years ago, just before Ronan dug up the distribution channel of Polygon Pictures, Universal Pictures was in a row. After Sigram bought Universal from Panasonic, it was full of confidence and determined to build a media empire. It also acquired Polygon and several other entertainment companies. However, Sigram, who was not familiar with the entertainment industry, quickly paid the price for blind expansion.

Subsequently, the French water group Vivendi became the owner of Sigram. Vivendi obviously attached great importance to Universal because the merged new company name is Vivendi Universal Pictures Entertainment Group.

Last year, in 2002, Vivendi's debt amount increased sharply due to continuous loan acquisitions, and the high interest rate brought huge operating pressure. The group's annual loss was as high as 23.3 billion euros, which directly led to the resignation of the CEO.

Vivendi's debt, which can be counted by the outside world, has reached as much as 35 billion euros...

This also reminded Ronan that this almost crazy rapid expansion of financing may not necessarily bring good results.

Vivendi has reached a situation where he must sell some of his assets to revitalize his funds.

Based on the situation in memory, Ronan judged that Vivendi must sell Universal Pictures Group.

The shrimp cannot swallow the whales, but the collision between the two whales may not cause the shrimp to encounter other opportunities.
Chapter completed!
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