Chapter 813 (1/2)
After the discussion on Monday afternoon, Amy Pascal began to contact the leaders of the three old public television networks. This is of course a smoke bomb. Simon's real goal has never changed.
In the face of danielis Entertainment's acquisition intention, the three major TV networks have given a quite positive response.
Jack Welch, chairman and CEO of General Electric Group, the parent company of NBC, called Simon directly after Amy contacted him. However, Jack Welch said on the phone that general electric did not want to give up the media business completely, but wanted to sell half of its equity to Denise entertainment, which obviously could not meet Simon's requirements.
Larry Tisch, the actual controller of CBS, wants to talk to Simon face to face. Simon's interest in CBS is lower than NBC '.
Not only that, the circle also quickly spread the rumors that danilisi entertainment intends to buy CBS, leading to a significant rise in CBS share price. Simon is happy to see the confusion, but his impression of Larry Tisch has dropped to the freezing point.
It is a violation of the rules that the merger and acquisition agreement has not been achieved and information has been quietly released.
The ultimate goal is still ABC.
At the melisandro party after the Oscars at the end of March, Simon had a contact with Warren Buffett, the major shareholder of ABC Group in metropolis. Warren Buffett did not resist the sale of ABC. However, the veteran investor obviously had a tangle between the cash and stock trading modes, and tried to come up with a debt to equity swap scheme that Simon could not accept.
In the past month or so, driven by the overall bull market trend of the U.S. stock market, the market value of Metro ABC Group has reached nearly $17 billion. Similarly, the market value of danireis Entertainment Group also exceeded 140 billion dollars, thanks to the good news of Osaka Universal Studios.
The stock prices of both sides have created their own new highs, and in the view of the capital market, they are also somewhat inflated.
With Buffett's prudent investment style and the upcoming capital gains tax reform bill, it is more and more likely that this veteran investor will directly choose to cash out Metro ABC.
The all cash acquisition will not dilute the Westeros family's shareholding in danielis entertainment, which is also the result Simon most wants to see.
danielis Entertainment Group has more than $7 billion in cash reserves, and the current overall debt is only $7.3 billion. Compared with the market value, the debt ratio is only 5%. Even if the all cash acquisition of metropolitan ABC Group, additional bond financing is needed The debt ratio of danielis entertainment will only be raised to about 15%.
For most enterprises, the debt scale of 15% can only be described conservatively, which is completely within the controllable risk range.
Now, the biggest problem between the two sides is actually to negotiate a reasonable price.
Simon has a lot of money, but he won't do anything wrong.
Since it is a bona fide acquisition, Simon can accept about 30% of the premium. If a lion opens his mouth like Larry Tisch, Simon is willing to talk more with GE. Besides not willing to let go, Jack Welch is very sincere in cooperation.
Busy in 1995, the summer file officially opened.
On Friday, May 12, the first summer blockbuster movie ”red tide storm” was released. Jerry brookheimer, Tony Scott, Denzel Washington and other well-known Hollywood filmmakers collaborated on the submarine war movie, which cost 53 million US dollars. The producer Disneyland company prepared 2383 opening screens for the movie.
From this point of view, confidence is obviously insufficient.
At the same time, a biographical novel adapted from New World pictures, diary on the edge, starring young ”little plum” Leonardo DiCaprio and mark Warburg, who is still a little fresh meat, tells a story about a fallen youth who plays truant, takes drugs, plays basketball and is addicted to drugs.
This low-cost youth film, with a production cost of 7 million US dollars, is similar to Gus Van Sant's box office blockbuster ”psychedelic Cowboy” a few years ago. There are many beautiful men, beautiful women and hot-blooded spendthrift young people in the rebellious period. Despite the poor reputation of film critics in the trial stage, the new world film industry still gave 516 opening screens to try to make a breakthrough here It's going to be a long summer holiday.
In a word, with the completion of the edge diary publicity, little Li Zi has entered the modern version of Romeo and Juliet.
It's also a new world project.
Australian director Baz Luhmann made his debut in Hollywood three years ago with the film ”heroes of the dance nation”. Later, the director who obviously likes to work slowly and carefully prepared for the new film for three years. During this period, he also participated in stage drama creation for a period of time. Recently, he finally started shooting his own new film.
It was with the box office success of this modern version of Romeo and Juliet that the former little plum was promoted to be a popular little boy, and then got the role of Titanic.Simon is not going to change that.
At the same time as the summer program started, the two dark horse films ”this man from Earth” and ”fight smart star 3” in the first half of the year still stick to the North American cinema.
Just in the past box office week from May 5 to May 11, the 11th week of ”this man is from the earth”, the box office of which received another $2.53 million in a single week, and the cumulative box office has reached $229.31 million. The film is expected to be completely completed before the release of ”Jurassic Park 2” on June 2, and the total box office in North America is about $235 million.
It's 235 million US dollars, slightly lower than the 250 million US dollars expected earlier. If we look into the reason carefully, it's because of the too strong power of ”fight smart star 3”, which has squeezed out the box office potential of about 15 million US dollars of ”this man from the earth”.
In the fifth week of its release, the box office of ”fight smart 3”, which started on April 7, dropped 23% compared with last week's, continued to earn $14.69 million, and the cumulative box office reached $143.45 million. There are still three weeks to go before the release of Jurassic Park 2 on June 2. According to the steady decline trend of 20% for several consecutive weeks, there is still great hope that the total domestic box office of the film will exceed 200 million US dollars.
Simon was in San Francisco on May 12.
With the completion of the ESOP, igritte's IPO is ready and can submit a prospectus to the SEC at any time, so it doesn't need Simon's too much attention.
This time, it's mainly about dinkober.
In recent years, the electronic products company founded by Simon's c-girl has taken advantage of the Internet, and has been developing rapidly all the way.
In the past year of 1994, tincobail's main digital camera product shipment volume reached 7.16 million units. Compared with 1993, it achieved a high growth of 159%. With some other products such as portable flash disk, iDisk and so on, the annual revenue reached 2.19 billion US dollars and the net profit was 270 million US dollars.
Unknowingly, this new concept technology enterprise has grown into an electronic product giant that can not be underestimated in the industry.
In a series of products released on April 8, after careful preliminary market research, the latest icam-50, dinkbaier team finally gave up the strategy of squeezing toothpaste to keep 300000 pixels, but upgraded to 500000 pixels. However, the original capacity of 3000 photos in 150m was also reduced to 1000 photos in 120m.
According to the survey data, many potential users feel that the capacity of 3000 photos is too exaggerated to use up. 1000 copies, which not only shows the product advantages of the latest version of icam-50, but also does not make users feel that the performance is excessive, which is just right.
It increases the resolution of the sensor, reduces the storage capacity, and balances the costs of the new icam-50 to the greatest extent.
Moreover, the icam-50 still maintains a retail price of $499, which is very attractive to users of the old version of ICAM. As a transitional diskette version of the icam-40s, which still uses a 300000 pixel sensor, tincobail also lowered its price to $449.