Chapter 497 Copyright Freeze
Universal Studios, Ronan and Robert Iger enter a separate office building and, under the guidance of a staff member, walked towards a conference room.
Before approaching the door of the conference room, the door of the conference room opened and a bald man with a big nose sent out three middle-aged men in formal attire.
The two sides shook hands and said goodbye, and they couldn't hear clearly what they were saying.
Ronan and Robert Iger slowed down very well. Robert Iger whispered: "The person in gray formal attire is NB's executive president Bernart. I don't know the person on his left, David Alisson, a former executive of American Music Company, on his right."
Ronan asked in a low voice: "Universal Pictures' former American music company."
Robert Eiger replied: "Yes."
Just as the two were talking in a low voice, the three middle-aged men in formal clothes came towards each other and passed by them. Ronan could notice that the three of them had looked at him and Robert Iger for a long time.
Ronan and Robert Iger were prepared before coming, looking at them like competitors.
When he arrived at the entrance of the elevator, Bernat couldn't help but look back. The two people had just walked into the conference room.
That's where Vivendi Group is dedicated to hosting potential buyers at Universal Pictures.
The so-called potential buyer is NB's competitors.
"David, you're familiar with Hollywood." Bernat stood in the elevator waiting for the elevator and asked the person next to him: "Do you know those two people just now?"
The news of Vivendi selling Universal Pictures was a bit sudden. NB got the information before the news was made public, and then came to Vivendi Group. She originally wanted to take advantage of Vivendi's financial crisis and catch the sick cat and take it into the pocket.
But NB will seize the opportunity, and Vivendi is not simple either. They are indeed overwhelmed by the debt of more than $10 billion that is about to expire. They must pay off their debts for the overly radical expansion in previous years. They are eager to sell their assets to cash out, but they do not surrender obediently.
After several contacts between the two sides, after NB's slight pressure, Vivendi simply made the news directly to attract more buyers to compete.
Fortunately, many of NB's jobs are sitting in front, and with the support of the parent company General Electric, there are currently no other buyers except Conscart Group.
This is a transaction worth more than 10 billion US dollars, and Vivendi must cash out due to his own special reasons and does not accept any conditions such as exchange.
There are actually very few companies that are truly interested in entertainment companies like Universal Pictures, capable of operating, and have the ability to survive.
More than one billion US dollars of cash cannot be raised casually.
There have been people talking to Conscart on his side, and Conscart himself has many problems, but he is interested but cannot withdraw funds for the time being.
There is also cooperation between the two sides. It is estimated that some conditions will be given, and Conscart will temporarily calm down.
But unexpectedly, I met two new faces here today.
This kind of transaction is most afraid of the emergence of powerful disruptors and competitors. Once the acquisition becomes a bid, the additional funds may be spent in hundreds of millions.
David Alisson saw the two people specifically and whispered: "The younger one is the famous Hollywood producer and the boss of Relativity Entertainment Group. The older one is Robert Iger. He used to work at Walt Disney, but later he switched to Relativity Entertainment as the chief operating officer."
Bernat knew who Relativity Entertainment Group and Ronan Anderson were, and his eyebrows were: "Is Relativity Entertainment interested in Universal Pictures?"
David Alisson said: "No, Relativity Entertainment has indeed developed like a plane in the past two years, but it does not have this strength."
But Bernat did not dare to take it lightly and said to the assistant on the other side: "Please pay close attention to the news about Relativity Entertainment."
The assistant switched from Hollywood to NB, and had a rough understanding of some of the situation in Hollywood. He said: "Ronan Anderson established a Pacific Foundation, which specializes in attracting overseas funds for investment. It is said that it has successfully raised funds in Arabia, India, island countries, South Korea and Germany, with a total financing amount of more than one billion US dollars or even more."
Bernat was shocked: "Does he have a financing channel?"
This makes people feel worried.
In the conference room, Ronan didn't speak. Robert Iger looked at Jean Pierce and said, "After you received the news that you wanted to sell Universal Pictures, Relativity Entertainment was preparing, hoping to get a fair opportunity to compete."
Jean Pierce touched his big nose and said with a smile: "It's easy to say."
As long as the price is right, they don’t care too much about who they sell to. What Vivendi needs is cash.
The two sides have already made a simple understanding, and Robert Iger simply asked the key point: "Mr. Pierce, Relativity Entertainment is very sincere in launching this acquisition. We are raising funds and are cooperating with the Pacific Foundation to raise funds. At present, South Africa's Mirad International Holdings Group and other consortiums have agreed to raise funds from the foundation, and the first investment will be in place soon..."
This shows that Relativity Entertainment has the strength to participate in this acquisition. Jean Pierce naturally heard that one more buyer is also a good thing for Vivendy, otherwise it would be a bad situation if only NB and General Electric only buyer.
Jean-Pierce was very calm, as if Vivendi Group had no problems at all, and said lightly: "I have heard that you relativity entertainment is indeed a very powerful company."
In the past two years, Relativity Entertainment has produced and distributed many big-name movies, such as "Pirates of the Caribbean" and "Spy Shadows".
Robert Eiger's words continue: "What is your transfer reserve price? Please let Mr. Pixar make it clear so that we can raise funds."
Of course, Jean Pierce would not be completely honest and offered a price: "$13 billion." He smiled: "If we can enter the actual negotiation and transaction stage, your company can naturally carry out asset appraisal and other procedures, and Vivendi will cooperate with it."
Speaking of this, Jean-Pixar added: “We only accept cash transactions.”
This trading method will undoubtedly cause many potential buyers to directly lose money, but Vivendi needs money, not other assets.
During the first contact, Ronan and Robert Iger quickly said goodbye and left.
The purpose is basically achieved, and I understand Vivendi's needs and show my face in front of NB people. How to develop in the future is not completely controlled by them.
Therefore, Ronan needs to make preparations.
Robert Eiger returned to the company and led a specially established acquisition team to actually simulate the operation of acquiring Universal Pictures to accumulate practical experience and continuously release relevant news to the public.
Ronan went around and came to Universal Pictures' office to visit Ron Mayer.
"Ron, we are old friends, too." Ronan complained deliberately: "Last time I called you, you didn't want to reveal any news."
Ron Mayer was not embarrassed and said, "This is the request of the head office, and I have no choice. You can't let me make a principled mistake, right?"
Ronan didn't say much, but instead asked: "Will there be major changes in Universal Pictures after this acquisition?"
"It depends on how the future head office is thinking." Ron Mayer was in a state of vagueness.
Ronan said casually: "What if someone wants to buy Universal videos or other copyrights?"
Ron Mayer, also an old fox, asked back: "Ronan, are you interested in a movie project in Universal Pictures?"
Ronan knew that his intention could not be hidden, and neither admitted nor denied it.
Ron Meyer shook his head and said: "This is impossible. In order to sell Universal Pictures, Vivendi has temporarily frozen all assets, including copyright. Not to mention copyright transactions, Universal Pictures will not have new film projects besides existing film projects."
He asked instead: "What movie projects does Universal Pictures have you attracted to?"
Ronan said half-truely: "The Universal Monsters' movie remake rights. I think Vivendi sells Universal Pictures, maybe I don't care about these copyright transfers."
Ron Mayer smiled: "Copyright is the most important asset of a film company. Not to mention that the assets have temporarily entered a freezing period, even if it is not the case, I will stop this transaction." He knew that this was a very difficult young man. In order to make the other party give up, he simply said: "I am a professional manager, which is related to my reputation and professional ethics."
Ronan also knew that it was impossible to open a gap from Ron Mayer.
Reputation is very important for a professional manager, and Ron Mayer is far from retirement age.
Ron Meyer knew very well how long he couldn't sit in this position, and seemed to say casually: "Ronan, you've found the wrong person. We are old friends, so I'll say something clearly, if you want anything, you should go to Vivendi, not me."
Of course Ronan understood what this means. It should be that Vivendi is fully involved in Universal. Vivendi holds absolute controlling stake in Universal Pictures. They don’t want to sell it. Universal has no choice but to sell it. Universal cannot stop Vivendi if he wants to sell it.
Then, Ronan informed Robert Eiger and he could grasp the negotiations with Vivendi.
Be prepared for the other hand at the same time.
After the business upgrade, the Pacific Investment Foundation held two press conferences in succession, collaborating with Mirad International Holdings Group and the Koch Foundation in Germany to accept investments from these two foreign companies.
The specific amount has not been announced, but the situation has been very large.
Anyone with a little bit of knowledge knows the relationship between the Pacific Investment Foundation and Relativity Entertainment.
In addition, compared with entertainment specialists, they have begun to frequently travel to major banks or financial institutions, and the news about this cannot be hidden. Many people know that Relative Entertainment is preparing to apply for large loans.
Ronan took the time to participate in the opening ceremony of "Museum Night in the Museum", and this fantasy adventure children's film officially started filming.
Chapter completed!