Heads Up Hollywood

"Is there such a thing? Okay, I know, I will arrange someone, um... um... okay, that's it."

Tang En hung up the phone, his eyes flickering.

I really didn't expect to find a breakthrough to break the Big Five alliance so easily.

At this moment, there was a knock on the door of the study, and a delicate and charming face came in, with big eyes blinking and shining brightly.

"Lily?" Tang En was a little surprised and couldn't help laughing, "Why are you here?"

Lily Collins pushed the door away, ran over with a smile on her face, and sat next to Tang En, "I came to England three days ago! I counted that Liverpool will have a Champions League match, so I came here early. You are indeed here!" "

Tang En didn't believe it, "Did Nat tell you?"

Lily smiled noncommittally, "Taylor asked me to ask you, when will you go back?"

"I..." Tang En paused, "It's almost here, it's only been a few days. What are you doing?"

Lily pursed her lips and said, "I heard you said that something happened, and Taylor said he would give you advice."

Tang En didn't know whether to laugh or cry: "You two understand again?"

"Why don't you understand? I've already asked my mother, and she told me all about it." Lily said very dissatisfied.

"Oh? What did your mother say?"

"Mom said that you always eat alone, earn too much money, and make people jealous, so they deal with you."

Tang En nodded, "Well, almost, that's what happened."

Lili persuaded like a little adult: "Don't be like this in the future, you have to learn a lesson."

Tang En looked at her amusedly, "You understand again?"

Lily said: "You always look down on people! Hmph, it's already mentioned in the social class, you need to be kind to make money."

"Harmony makes money? Nonsense!" Tang En shook his head again and again, disapprovingly, "Have you read "The Wealth of Nations"? Have you read "Das Kapital"? The essence of capitalism is private ownership, and the essence of private ownership is eating alone. Sharing benefits is called big pot rice." , that is ghost economics, which has long been proven by practice and has been eliminated by the times.”

Lily didn't quite understand, so she pouted and said, "But mom said that your eating looks ugly, you eat too much, and make others have nothing to eat, and they will definitely resist."

Tang En shook his head and said: "You are still young, and you will understand when you have studied economics. Shared interests cannot promote the overall development of the industry. The more brutal the competition, the more productive it will be. The more New Global can eat alone, the more it will be for Hollywood. The overall development will be better. If it is really too much, there will naturally be an anti-monopoly law.”

In fact, in an increasingly globalized society, even with the legal constraints of anti-monopoly, it cannot prevent some large companies from eating their own food.

For example, giants like Google will be investigated by the European Union and the United States almost every three to five times, and each time they will be fined billions of dollars. But fines are fine, but it is impossible for Google to give up the market and give benefits to competitors.

I'd rather be fined than give up a profit!

Another example is the ios system that can only be used by Apple mobile phones, which is the biggest guarantee for the iPhone to dominate the mobile phone industry, and has seized nearly 80% of the profits in the global mobile phone market.

New Universal has only seized about 55% of Hollywood's profits. Compared with the iPhone, it is still far behind.

Only companies that have more monopoly and companies that walk on the edge of monopoly can be more favored by the capital market and have higher stock prices.

Lily said "Oh" in a daze, "Anyway, my mother said, you're in trouble this time, and those people are jealous."

"Don't worry, there won't be any waves, I've already found a way to deal with them!" Tang En waved his hand, and couldn't help but look up and down at this young and beautiful girl.

I haven't seen her for a while, but she has grown a lot, and she has a lot of water.

Lily Collins blushed a little, "What are you doing?"

"What do you think?" Tang En winked at her viciously.

Lily didn't answer him either, "By the way, how did I see...there is one more person?"

"Oh, you said Blake, Blake Lively, a new girl I met. Well, isn't she pretty?"

"Yeah." Lily nodded slightly.

"You go and call her over, let's..." Tang En winked at her again, with a very obvious meaning in that evil look.

Lily was a little surprised: "Huh? Still calling her?"

Tang En said casually: "Call me over here, it just so happens that you two get to know each other too."

"I... I... I'm sorry." Lily was a little embarrassed.

Tang En said disapprovingly: "What's so embarrassing about this? They are all sisters at home, so let's take it as a task for you, go quickly."

Lily bit her lips, "Then I'm going to the bedroom, I don't want to be in the study."

"Well, okay, let's go!"

Tang En smiled and pushed her, and felt that this girl was the cutest when she was obedient.

...

Disney shares are trading at $22 right now.

According to normal financial logic, when shareholders actively sell stocks, they need to discount the price. When passively selling stocks, they sell at a premium.

The Bass family wants to liquidate 135 million Disney shares in one go. It must not be $22, and it must be discounted.

On this day, Michael Eisner called Edward Bass and told him the final result of the board of directors.

"Disney will repurchase 50 million shares, and the remaining 85 million shares will be taken over by Goldman Sachs."

"What about the price?"

"$18."

"How many?"

Edward Bass thought he had heard wrong.

Michael Eisner was forced to repeat, "$18."

"You're crazy!" Edward Bass couldn't believe it. "How dare you offer such a price? Aren't you afraid of the stock market crashing?"

As a listed company, Disney must disclose the liquidation of major shareholders and the transaction price of both parties.

Once Disney discloses that the transaction price between the two parties is only 18 US dollars, it means that the Disney board's evaluation of the stock price is only 18 US dollars!

When the stock market opens, Disney's stock price will inevitably be hit, and it will drop from $22 to $18 in an instant, which is equivalent to evaporating 18% of its market value in an instant!

The Bass family lost a lot of money by selling shares at $18, but Disney's losses will be even greater, and it may even cause stock market turmoil.

Michael Eisner is full of confidence in himself, "Disney's stock price is supported, and our performance in the third quarter is not bad. In the past six months, Disney's stock has fallen enough, and there is nothing to fall."

Edward Bass took a deep breath. He didn't know where Eisner's confidence came from, but he really couldn't accept the $18 offer.

"The price is too low for me to accept."

"This is the highest price approved by the board of directors. Edward, we have known each other for twenty years. If possible, I am definitely willing to help you do more."

"No, the price is too low." Edward Bass was very dissatisfied.

Michael Eisner insisted: "Sorry, this is the most reasonable price that Disney can offer at present, after all, there is Goldman Sachs. With Disney's current cash flow, it cannot eat all the stocks."

"If you can't solve the problem, I can only find someone else." Edward Bass said lightly.

"Um?"

Michael Eisner was startled, but did not react.

I am the chairman and CEO of Disney, who else do you want besides me?

Edward Bass said intentionally or unintentionally: "Maybe there are some courageous foundations who dare to buy Disney's stock at this time. As you said, Disney's stock price is undervalued and has certain investment value. "

Michael Eisner freaked out, "No! Edward, you can't do this!"

The shares of the Bass family accounted for 6.7% of Disney's total share capital, which is a very high voting right. Wouldn't it interfere with Disney's decision-making if it was sold to an irrelevant organization?

For example, Carl Icahn, known as the "Wall Street corporate sniper", is notorious.

Some time ago, Blockbuster was revealed to have divested its network leasing business. Why?

The fundamental reason is that it cannot compete with Netflix, which is obvious.

The direct reason is from this Carl Icahn!

Carl Icahn believed that Blockbuster’s stock price was undervalued, so he kept scanning the capital market, and bought 3.2% of the shares from the California pension fund, directly occupying 5.1% of Blockbuster’s shares, and became Blockbuster The third largest shareholder of the company also has the qualifications to propose a general meeting of shareholders and a board of directors.

Because Carl Icahn's reputation is too great, although he supports 5.1% of the shares, he can drive a large number of shareholders to follow, leading to more than 30% of the voting rights.

Then, Carl Icahn successfully got three board seats and started a series of reforms to Blockbuster.

Unprofitable business, split, sell or close down directly!

Replace the more famous professional managers in charge of the main departments!

Play a big ad!

Cut back!

Gray tax avoidance!

layoffs!

In short, after a series of drastic reforms, Blockbuster's profits have skyrocketed in a short period of time, its market prospects have skyrocketed, and its stock price... has skyrocketed!

Then, Carl Icahn pulled out without a hitch, made a fortune, and fled.

A devastated and messed up Blockbuster was left waiting to die.

Those excellent performances before are just the flashbacks of Carl Icahn's series of divine operations.

By "returning to the light", Blockbuster's stock price rose, Carl Icahn cashed out and left, and Blockbuster was completely destroyed.

For this kind of Wall Street sniper, not to mention Hollywood, companies all over the world hate it.

How could Michael Eisner allow the Bass family to sell their stocks at will?

What if it is sold to an unreliable person?

Edward Bass has no choice, "If the price is right, I will definitely choose Disney. But I think this is a market behavior, and the highest price wins."

Michael Eisner was so frightened that his voice was trembling, "Edward, let's discuss it again, don't worry!"

Edward Bass said: "You are not in a hurry, but my margin financier is in a hurry. I must increase the margin immediately. I don't have time for tug-of-war negotiations."