Chapter 171: Not Much Time Left (1/2)
“30 is out of the question,” Eric shook his head slightly, with eyes gazing at Robert Shea Before any rebuttal, Eric leaned forward and continued: “30 percent of stake toproposition anyway, so I would rather give it up As Firefly is going gangbuster now, all the seven Hollywood giants are willing to cooperate with e Firefly’s 30 percent of stake for 10 percent of stake of MGM, the underdog aiants”
When Eric finished, Robert Shea rebutted instantly: “Actually, Eric, you will not do that If Firefly becoiants, it meanwhile loses the chance to run neck to neck with the in Hollywood for so cases in which a filiant prevents the development of second-and third-tier companies by acquisitions, so they will never threat its status It’s their same old trick, Eric”
“Of course, I will not do that I just account for a possibility If I have to pay out 30 percent of stake to acquire New Line, I would rather exchange iants So, Robert, I have h, some cashes can be offered as compensation” Eric also bid his offer, 10 percent, a result of his long-tih to acquire New Line, and would attract other collaborators
“That’s far froh,” Robert said: “I have run New Line for over 20 years, a child of e it, 30 percent is not enough, and any offer less than that is unacceptable”
Eric aler history, where it is now? United Artists is an old brand but also became the subsidiary of MGM So time, Robert, doesn’t hold water In 1981, United Artists was e losses of Heaven’s Gate, then only six giants, Warner, Universal, Paramount, MGM and Fox survived in Hollywood But how about now? In just five years since Michael Eisner took the chair of Disney in 1984, the six giants had expanded into seven
Robert Shea was going red in the face---it see Robert with Michael Eisner True indeed, he could hardly equal Michael Eisner, but it was asha man 30 years his junior In embarrassment, Robert blurted it out, “Whatever, Eric, it must be 30 percent”
Eric placated hier: “Well, Robert, we both have the intention to cooperate, so why don’t we go deeper into the details”
Where any platfor-linescoht, we shall safeguard our legitial channels If any act against our party has taken place, the tortfeasor shall iative iy and compensate for the loss
“Oh no, it’s useless,” Robert Shea rejected: “If 30 percent cannot be guaranteed, there will be no need for details”
Eric's was slightly agitated, with fingers tapping habitually on the table for a few tiht noise due to the tablecloth
“Robert, you have to understand that there is not htly curious about Eric’s baffling words, but he didn’t ask any questions after all to keep his ht to the point: “Over a decade ago, filorous development of video tapes, cable television and other fil circle had been largely expanded, which had also made films more and more important in the media industry I believe that in the next decade, roups and becoe media industrial chain Once this trend prevails, the Hollywood giants will gain the roups That iants can spare the risks of bankruptcy caused by bad investment and will ultimately enhance their position with nurace, second-and third-tier coiants backed by iants, and as you said, lose the chance to join theiants”
Robert Shea restrained his surprise and kept it fro in your words, but this trend still has a long way to go I have faith in New Line It has chance as long as…”