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Chapter 332 Employee protests

The company was founded in 1993 in Santa Monica, California, USA, with offices in London, UK.

Current President: Robert Freeman

Tingfeng is a Universal Film Studio that focuses on the development, financing, production and distribution of films. The company is responsible for all the work in both its internal development of films and the marketing and distribution of films acquired.

The peak of 2007 was a lost year, even in 2006. The peak of these two years was almost on the verge of bankruptcy.

07 There are only two movies that you can make the most of the top, one is "Michael Clayton" and the other is "Love in the Time of Cholera". Speaking of which, the results of these two movies are also very bad.

Compared to 2006, there is at least one movie "Dances from My Life".

Some time ago, Zhang Lantian brought DreamWorks Legal Department and the acquisition group to discuss it for nearly ten days at the peak.

The resources of Tingfeng’s videos are not sufficient, but what I can be proud of are the distribution channels and sales channels throughout Europe and the United States, including peripherals and distribution.

Wang Meng, who arrived in California, listened to Zhang Lantian's report in detail in a hotel.

"Director Wang, the current difficulty in negotiations is the acquisition funds and the distribution of equity." Zhang Lantian said.

As I learned in my previous life, several founders of this company, such as Patrick Wattsberg, Bob Hayward and David Garrit, were all ambitious. They positioned the new company as the top Hollywood player who could be on par with major studios, rather than a small-scale production company.

However, in the first decade, this positioning was more like a joke. Like other challengers in Hollywood studios, Tingfeng Entertainment was trapped by insufficient financial resources and could not attract top Hollywood directors and stars. Its box office results were only the deputy squad leader among major publishers for many years.

From another perspective, Tingfeng Entertainment has a good vision and has chosen movies such as "Two Big Blows" and "Memory Fragments" that are now regarded as classics, but they cannot quench their near thirst. They are not cash bulls like "Harry Potter".

"Tell me," Wang Meng asked when he heard Zhang Lantian's complaint.

It is expected to acquire all the shares of Dingfeng for US$35 million. Judging from Zhang Lantian's appearance, it seems impossible.

"Director Wang, I suggest we can continue to slow down. According to the requirements of Patrick Wattsberg, Bob Hayward and David Garrit, can it be wholly owned? Including the copyright ownership of the videos that have been published and produced, but the acquisition funds proposed by these guys are $50 million. This is outrageous. I think we can slow down and cannot be suckers." Zhang Lantian said.

"We are not short of money, we lack time." Wang Meng sighed.

Wang Meng doesn’t know if the peak of next year will rise according to the trajectory. If it is still the same as in the previous life, it will be miserable. Not to mention 35 million, let’s add 100 million.

Now the funds for "Painted Skin" have been recorded, and the surrounding areas of "Saw" have been recovered. In addition to the investments such as "Butterfly Effect", "Sharp Heart", and "Bears" and other films, DreamWorks now have nearly 1 billion yuan of working capital.

Equivalent to nearly US$150 million.

At the end of the year, "Crazy Racing" will recover the cost and the box office it earns, and the surrounding areas of "Painted Skin" will also be recovered. Not to mention that "Saw 2" will be released, "Butterfly Effect" will be released, and "Bears" and "Step by Step".

At the end of this year and early next year, Wang Meng predicts that DreamWorks will reach nearly 2 billion yuan, which is nearly 300 million US dollars.

So Wang Meng is not short of money at this moment.

Zhang Lantian didn't understand what Wang Meng said about lack of time, but he knew Wang Meng very well and didn't want to give up when he saw Wang Meng.

Zhang Lantian didn't say anything and paced back and forth in the room.

But I thought a lot in my heart and recalled carefully. Since Wang Meng's debut, it seems that Wang Meng has read nothing wrong.

And in the meeting room at the peak.

Patrick Wattsberg, Bob Hayward and David Garret are also discussing.

"I heard that this time is the leader of the acquisition, the magic director of China, Wang, is here, Bob, too. Do you think he will agree to our request?" Patrick asked.

"Oh, it's bad. But our requirements are indeed high. Gentlemen, it's clear that the peak is the opposite of what we defined at the beginning. We overestimated our energy. Yes, our funds have always been inadequate. This is the fourth company that we are interested in acquiring. We can't be lucky. As long as the price is suitable, I think it's entirely possible to sell it." Bob Hayward complained.

At the beginning of the period, the three people were committed to large companies and targeted the top Hollywood companies, but they were disappointed and never met expectations and even became a laughing stock.

"Yes Patrick, giving 35 million yuan in funds, is the highest given at present. Damn Disney only gave us 15 million yuan, of course, although it was a year ago. But, I think DreamWorks' $35 million is enough for us to reopen a new company and get rid of this damn vortex. And you know, DreamWorks promises not to fire any employees, we can't hold on, and if we stick with it, we will go bankrupt, those employees will make us ugly, they have been on vacation for a long time, damn," said David Garrit.

"Okay guys," Patrick compromised and said, "But 35 million is obviously low. Don't forget that our "Dance Out My Life" is very profitable. It also requires $5 million to add to this. Who doesn't like the banknotes, right?"

On November 17, 2007, the DreamWorks team led by Wang Mengde came to the headquarters of Santa Monica Peak, California.

When he learned that his company was about to be acquired, the top employees were looking forward to it and hesitated.

Now that I have a job that can guarantee milk and bread and wife and children's lives, I don't want to be fired.

Protests and demonstrations are the hobbies of Americans.

When Wang Meng arrived at the Tingfeng headquarters, many employees spontaneously held signs.

"We have the right not to be fired."

"Satan's plot will eventually fail, and God does not want to see any good employees maliciously dismissed."

"We are the foundation of the company, and we require the truth."

“…”

Waiting for a variety of protest signs, Wang Meng was very depressed.

Obviously, everyone knows that the company's finances have always been very hard. Some people think it is a malicious acquisition and then announce it to go bankrupt, so that employees can be fired without the need for the person in charge.

"Gentlemen, ladies, there may be many people who know me. Believe me, I will not maliciously fire any employee unless there is a very important reason. Similarly, believe me, you must have confidence in me, and I will lead you to create our glory." After Wang Meng got out of the car, he saw a very unkind look.

It is not discrimination, but fear of Wang Meng’s secret dealings with the top leaders, and fear of being fired.

"He is confident, as if he is already his company, a damn Chinese." Patrick peeked from the office window.

"Obviously, he's very confident," David said.

...

"Wang, can we trust you?" asked an employee holding a sign.

"Haha, this gentleman wants to believe me." Wang Meng replied confidently, and after saying that, he waved his hand and walked into the peak headquarters.

But the staff of the group were very worried.

"I hope what he said is true. If the king deceived me, I will not give up. I will protest." said a black male employee.

"My man, damn capitalist, there are many ways to embarrass you. Now we can only pray for God's blessing. To be honest, I have had enough of one month and only half a month of work. I have had enough of no bonuses and even all wages. I have had enough of it." An employee complained.

It has been nearly half a year, and the peak has been very unsatisfactory, with half of the employees in a semi-unemployed state.

"For Wang, well...! Or maybe our ss, I have some confidence. You know, "Saw" and "Painted Skin" made a lot this year, and DreamWorks are very rich now."

"Yes, but I'm also worried about our future. I admit that Wang is doing well in China, but I'm afraid he won't figure out the rules of Hollywood and don't know how he will lead the peak of the future."

Some people know that Wang Meng is very powerful, and they also know that Wang Meng is very profitable this year, but they are very worried about the future.

Worrying that Wang Meng is not suitable for Hollywood's route.

After saying this, everyone was disappointed and afraid of their future.

...
Chapter completed!
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