Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 320 Financing Reached

When leaving the Ginza business district, Robert Eiger no longer had the ease he came and his face was full of thoughts. After all, this was related to his future career development.

Walt Disney is huge in scale, but internal disputes are fierce. In the next one to two years, Roy Disney and Michael Eisner will inevitably have fierce internal struggles. Even if he is promoted by Michael Eisner, he will have to stay in the island branch for a long time even if he can avoid being involved in this vortex.

Staying at Disney can only be one of the heads of a certain department or branch.

Relativity Entertainment is much smaller than Disney, but it has a rapid development momentum and has a basic production and distribution industry chain. If he agrees, he will be the executive president.

This is the dream position of business manager.

Walt Disney and Relativity Entertainment have their own advantages and disadvantages, how should we choose? Robert Iger discovered that Ronan Anderson gave him a huge problem.

Although he had all kinds of complaints in his heart, without Ronan Anderson's invitation, he knew that he would continue to stick to Disney.

The position of executive president is really tempting.

Robert Eiger returned to the company and sat in the office without any intention of handling the work. He was thinking about this matter and measuring the pros and cons.

This is not an easy decision.

Robert Iger suddenly thought that Jerefer Carsonberg seemed to have a good relationship with Ronan Anderson. Embassy Films, a subsidiary of Relativity Entertainment, also released "Shrek Monster" by DreamWorks Animation Studios. Maybe you can ask Jerefer Carsonberg for the specific situation of Relativity Entertainment.

Even Robert Iger himself did not realize that he had actually taken a leap.

Ronan returned to the Peninsula Hotel where he was staying and met the team that ended the day's negotiations. As the person in charge, Scott reported to him the latest negotiation progress.

Financing negotiations with island countries' long-term credit banks have reached the end of the phase, with only a few details remaining.

This is undoubtedly good news.

At night, the head of the Korean branch of Embassy Film Industry called and once again told the urgent need of several large entertainment companies in Seoul to invest in Hollywood.

Unfortunately, these Korean companies do not have huge financial funds like long-term credit banks. They are not very strong in their own strength. The funds they can invest in foundations are limited. Otherwise, they can get hundreds of millions of dollars from them, and there is no need to continue to argue with the islanders here.

But tens of millions of dollars of funds are also meat and a boost to the development of relativity entertainment.

The next day, negotiations between the Pacific Film Foundation and the Long-term Credit Bank continued, and Ronan received a call from Jerefer Carsonberg, who had just contacted Jerefer Carsonberg.

Although Robert Eiger did not say anything inclined to Jerefer Carsonberg, he began to inquire about the situation of relativity entertainment from the side, indicating that he has further moved closer to the position of the executive president.

Ronan is very clear about his own strengths and weaknesses. As the scale of relativity entertainment continues to expand, the company needs a professional manager with sufficient management capabilities. Robert Eiger is the more suitable candidate among the candidates he has an impression of.

In his previous life, Robert Iger ended Disney's internal chaos, led Disney to rise again, and created a situation where Dibaby's family dominated.

Perhaps Robert Eiger is not comparable to that of a few years later, but Relativity Entertainment is not a behemoth like Walt Disney.

Moreover, the company's development direction and strategic decision-making will be controlled by Luo Nan himself.

The CEO of the Future Relativity Theory must not only be responsible for the company's internal and external business, but also be able to make a difference in expansion.

The most important acquisitions of Di Baby were completed by Michael Eisner, except for the ABC TV station that was promoted by Michael Eisner, other mergers and acquisitions such as Pixar Studios, Marvel Comics, Lucasfilm and Twentieth Century Fox were all completed under the leadership of Robert Eiger.

Especially as the key to the re-emergence of Disney animation studios, Pixar Studios, and Lucasfilm, which has the world's largest special effects company and the largest movie IP, Robert Iger played an extremely important role in the deal.

Whether it was the stubborn and terrible Steve Jobs who completely offended Michael Eisner during his tenure or George Lucas, the richest man in the film industry, Robert Iger came to persuade him personally.

Relativity Entertainment will definitely merge some companies in the future. If Robert Iger joins, I believe it will play a lot of role.

Three days later, Ronan and Robert Iger met again, and the topics of both sides quickly advanced to position power and company development planning.

Although Robert Iger was still saying that it needed time to consider it, his attitude had completely turned to the executive president of Relativity Entertainment.

Most people choose the latter for the head of a department of a major Hollywood company and the top executives of medium-sized companies.

The negotiations with Robert Iger were relatively smooth. On the other hand, the team led by Scott also ended the financing negotiations of the island country's long-term credit bank, and the two sides finally reached a financing agreement of nearly 100 pages.

The most critical part of this agreement is undoubtedly the amount and method of financing of the Pacific Film Foundation, as well as the investment and returns of long-term credit banking.

Pacific Film Fund launched a total of three phases of financing to the Pacific Film Foundation in the form of interest-bearing bonds, with the first phase of financing of US$200 million. Within one month of formal signing of the contract, the long-term credit bank will inject it into the foundation in two times within four months.

The first phase of financing lasts for three years, calculated based on the arrival of funds in the foundation’s account. After three years, the Pacific Foundation will need to repay the principal of the island’s long-term credit bank bonds and twelve percent of the interest.

This investment interest rate is also the result of the tug-of-war between the two sides after the negotiations between the two parties. Both Ronan and the long-term credit bank are basically satisfied.

After all the first phase of financing is received, Pacific Film Fund can initiate a second phase of financing from long-term credit banks according to actual needs. The amount of financing in the second phase can reach up to US$500 million and the minimum amount is no less than US$200 million in the first phase of financing.

The actual amount will be adjusted according to the long-term credit bank's own funding status.

After the second phase, the two parties will cooperate with the third phase.

The agreement clearly stipulates that all financing initiated by Pacific Fund to long-term credit banks can only invest in Shahai Entertainment's film projects, but long-term credit banks have no right to interfere with which movie to invest in and produce and distribute movies.

The island countries have no idea of ​​intervening for a long time. What they value is the returns that investment can bring.

This is the main clause of investment and income. As for the details, there are too many clauses. There are hundreds of formal contracts, and the number of formal contracts drawn up is nearly a hundred pages.

For example, once there is a dispute between the two parties, Los Angeles will be used as the place of execution of the contract.

The islanders have invested in the United States for many years and are very familiar with the United States. They are not afraid of fighting a transnational lawsuit with American companies.

In addition, if Pacific Film Fund cannot complete the first phase of financing repayment on time, long-term credit banks have the right to unilaterally interrupt subsequent investments.

The Pacific Film Foundation reached a financing agreement with the island country's long-term credit bank, solving the most needed funding budget for the film production plan of the Relativity Entertainment, and also allowing Ronan to withdraw more funds and invest in Netflix.

This can effectively promote Ronan's overall plan.

When the investment agreement was officially signed, Ronan was in a very good mood, but he was still vigilant enough without swelling.

After all, even he cannot ignore the risks of film investment.

A commercial film has huge investment in production before obtaining a revenue stream; there is also uncertainty in the film production process and the delivery of the film; there are risks in purchasing and market during distribution; and the final market performance is still risky.

In addition, considering the creative work required in the film planning, production and distribution stages, and the extremely difficult and complex division of labor and cooperation among many film workers, movies also have great conventional risks.

Another key point is that the film market is sometimes really difficult to understand.

Even in Hollywood, only a very small number of film projects can enter the actual preparation and production stage from planning to actual preparation and production. Not all films can obtain an ideal distribution scale, and very few of them can make money.

To achieve this financing, Shahai Entertainment played a considerable role in the huge fame accumulated by the ever-successful movies.

Before 1998, this scale of financing was simply unimaginable for Shahai Entertainment.

It has to be said that, just like Shahai Entertainment in the past, most companies in the Hollywood industry are small in scale and unstable, with poor credit, resulting in extremely low financing capabilities.

This is a common problem in the industry.

The film industry lacks sufficient entry points and career channels. Most of the influx of innovative companies may be confident and talented, but they are very unreliable in actually operating film projects.

The current situation in Hollywood is, the more innovative the talented, the faster the people die.

"Mr. Anderson, happy cooperation!"

In the business reception room of the island country's long-term credit bank, Takuma Matsuhara also signed a contract and took the initiative to stand up and shake hands with Ronan: "I believe this is the successful start of our long-term cooperation!"

Ronan also signed the contract, stood up and shook hands with Takuya Matsuhara, and said, "I am very happy to reach a strategic cooperation with long-term credit banks."

The two of them laughed at the same time, as if they were very satisfied with the cooperation.

Takuya Matsuhara shook hands with the people from Ronan's team one by one, and Ronan shook hands with the executives of the long-term credit bank who participated in the signing ceremony in a manner.
Chapter completed!
Prev Index    Favorite Next