Chapter 380 Target Disney

"The MGM brand itself is his value," Chris said, and then shook his head: "But it's really not worth much, so which one do you fancy, Columbia and Universal are definitely out of play, and Warner is also Don't even think about it, there are only Disney, Paramount and Fox left, uh, Fox is no play, now there are only Disney and Paramount, Disney is in a period of rapid growth, so, have you taken a fancy to Paramount?"

Eric asked back, "Why not Disney?"

Chris showed a surprised look: "Disney is in a period of rapid growth now, what's more, Disney's Michael Eisner, after the incident at the beginning of the year, although the two of you reconciled on the surface, but if you want to buy Disney , Michael Eisner definitely knows what's going to happen to him, and he's going to do everything in his power to stop you."

Recalling that Paramount, which was attached to Viacom in his previous life, was overtaken by the second-tier Lionsgate Films in performance, and even became a drag on Viacom Group, Eric shook his head: "Acquiring Paramount is a good idea. It's easy, I think those shareholders are happy to sell Paramount to me. But Paramount is not a good choice, the company's development idea does not meet my plan, Disney is different, Disney's entire industry chain My business strategy is very suitable for my future expansion in Hollywood."

"If you insist, you may spend more money than the two major Japanese consortiums," Chris said while thinking about not much information about Disney in his memory, "Disney's current market value is about $4 billion. Around, if you want to buy Disney, you can only use a hostile takeover approach, and at least a 50% premium. It’s hard to get Disney without $6 billion.”

"If you don't sell now, you won't even want to buy Disney in a few years," Eric said.

With the rapid development of the US economy and the rise of Hollywood in the world, the market value of several major Hollywood film companies has increased by more than 30% every year, even the broken MGM. After more than ten years, it also sold for a high price of more than 5 billion US dollars, and in my memory, Viacom acquired Paramount three years later and spent 10 billion US dollars, and now Paramount can only be sold at most for Universal's parent company's $6 billion price tag. Although Barry Diller's sniping factor was involved in that transaction, it also reflected the skyrocketing market value of the seven major film companies with the expansion of Hollywood.

Although be patient. With the development potential of Firefly, in five years at most, it can be compared with any of the seven, but Eric also knows that if things are allowed to develop. Five years later, the seven major film companies have basically completed the integration with the media group.

Of course, in this process, Firefly will definitely be "recruited" by the media group, but this is not what Eric wants.

What he wants to be is the master, not the vassal of others, so now that he has the opportunity, Eric will of course take a big movie company as the most important bargaining chip.

In the future, through various financing methods, it will develop itself into a media group instead of being recruited. In the previous life, the only one that developed into a media group by virtue of its own strength was the Disney family, and Time Warner was only half of it.

"If you want to buy Disney, then you must prepare from now on," Chris thought for a while. Said: "The first thing we have to do is buy Disney stock. First get a say in the Disney board. Next, because we don't need to pay all the money at once. So this $3.6 billion in cash is enough. Moreover, if necessary, financing can also be carried out. With the performance of Firefly in the past two years, I think any investment bank on Wall Street is very willing to participate in this investment, and even many shareholders of Disney estimate that they want more equity. instead of cash..."

While listening to Chris' analysis, Eric was lying on the coffee table with a pen and writing something. When Chris finished speaking, Eric had filled out a check and handed it over, saying, "This is your dividend. ."

Chris took the check and glanced at it, then quickly pushed it back and said, "Too many."

"This is what you deserve. Without your help, I definitely wouldn't be able to make so much profit in this oil crisis," Eric said, holding out his hand to block Chris's movements.

"I really can't take so much, I know how much I do," Chris shook his head resolutely, and added: "And if Dad knows, he will definitely not agree."

Speaking of Jeffrey, Eric thought about it and said, "Otherwise, I will exchange the money for the shares of Firefly Investments, 3%, which is the same as your father's share in Firefly Films."

Chris thought for a moment and finally nodded.

Firefly's main asset now is only 23% of Cisco's shares. With Cisco's current market value, 3% is not too much, much less than the amount given by Eric.

But Eric knows what kind of giant Cisco will develop into in the future, so he doesn't feel that he will give less, not to mention that he can increase Chris's stake in the future. If he gives too much at one time, he will not be able to give it in the future. How to do.

Although Chris's character is introverted and calm now, no one knows what will happen in the future as time goes by. In his previous life, Michael Eisner changed from a wise leader who brought Disney to the top to a headstrong Disney tyrant. The hearts of the people were lost, and he was ousted by the board of directors in embarrassment.

"Since you have just put forward some plans, then it's up to you to handle this matter. From now on, slowly absorb Disney stocks," Eric and Chris were chatting, but he remembered that he had not yet Moving Stinky, Cutthroat Island.

It would be great if we could throw "Cut Throat Island" to Disney. This summer, Disney has lost hundreds of millions of dollars. It is estimated that it will be difficult to reverse the loss through the operation in the second half of the year. If "Cut Throat Island" can be thrown to Disney again, then this project can cost Disney another 100 million yuan. The loss for two consecutive years is enough to seriously weaken Michael Eisner's prestige at Disney and weaken Michael Eisner. Sner's control over the board, then the acquisition plan will be launched, it will be much simpler.

But Michael Eisner is not a fool, this matter is very troublesome to operate.

Thinking about it in his heart, Eric quickly remembered the figure of Robert Shea. Since the turmoil at the beginning of the year, Robert Shea and Michael Eisner have been very close, maybe they can make a fuss about this. (To be continued)