Heads Up Hollywood

Chapter 205 Investing in Pixar

Google's development momentum is very good. In the case of the overall downturn in the high-tech industry, Google has bucked the trend and has developed into the largest Internet search platform, replacing Inktomi search and becoming Yahoo's default search engine.

Another company invested by Dunn, X.com, has also established a new development strategy under the leadership of Elon Musk. The first step is to acquire Confinity.

Once the acquisition is completed, the new company will become the largest online payment transaction platform in the market.

Elon Musk explained to Tang En enthusiastically that if the acquisition goes well, he will change the name of the new company to "PayPal", and the new company may be listed within 3 years!

As for Apple, the company Tang En invested in the most...

Jobs quickly completed the second meeting with Twain.

The location is Tang En's office.

Tang En dismissed the secretary and poured Jobs a cup of coffee himself, "It's getting cold, let's drink it."

Jobs looked indifferent, "You know, I didn't come here today for coffee."

Tang En smiled and came to sit opposite Jobs, "My attitude has been very clear in the last conversation. In Silicon Valley, I can give you the greatest support. In return, I hope you can treat me well in Hollywood." corresponding help."

Since it was a deal, Tang En simply cut to the chase and stopped playing around in circles.

Jobs nodded and frowned again, "I like what you said. Compared with Pixar, Apple is my biggest pursuit and ideal. However, ideals are not equal to reality."

Tang En understood that Pixar was his source of funds, and said with a smile: "This topic was discussed last time, I can wait... until you think the opportunity is right, and then sell Pixar to me. Of course, I'd better have one It’s a guarantee, as if I can sign a contract and hand over Apple’s voting rights to you.”

"oh?"

Jobs was very interested in Apple's voting rights.

Tang En is the major shareholder of Apple and has extraordinary influence. If Tang En can fully support Jobs, then his position in Apple will be stable.

"What protection do you want? Right of first refusal?"

Tang En shook his head, "What if I encounter a malicious bid? It's not in my interest."

"your thoughts?"

"Invest in Pixar!"

Jobs narrowed his eyes slightly, and Tang En's answer didn't seem to exceed his expectations, and he said calmly: "It seems that you are determined to win Pixar."

"Of course! As I said, my core industry is in Hollywood. Moreover, I am a filmmaker, and only I can bring Pixar the vitality it deserves." Tang En half-truth, half-false, and half-deceived.

Jobs took a sip of coffee, laughed and said, "You are too conceited!"

Tang En had a calm face and said without shame, "As far as the film industry is concerned, I have the capital to be proud of myself."

Jobs pondered for a while, then nodded, "At most 10% of the shares will be transferred to you, and you can only be an independent director."

Tang En breathed a sigh of relief, and felt restless in his heart.

The Animation Industry...Pixar...

After a lot of hard work, he finally had the possibility to get his hands on it!

Tang En said with a smile: "It's good to be an independent director. You can take a break. I'm an independent director at Google and Hasbro."

Jobs said indifferently: "However, the release of Pixar's movies still has to be handed over to Disney."

"no!"

Tang En's complexion changed, and he categorically rejected it.

Jobs glanced at him, "Not to Disney for distribution, but to Dunn Pictures? Do you have a distribution channel? And there is no need to discuss this topic now. Pixar's fourth film "Monsters, Inc." has already been scheduled. The schedule is set, it will be released in November next year, and the three-party contracts have all been signed."

Tang En's face was very ugly.

Jobs waved his hand and sighed, "I know, you have conflicts with Disney, and I have conflicts with Disney! But business has nothing to do with personal relationships. Right now, only Disney is in the best interests of Pixar. And, as I said, Pixar and Disney have conflicts. Disney only has 5 film contracts."

"What about the fifth movie?"

"The next movie is still in preparation. It is estimated that... it will take two or three years to make."

The corner of Tang En's eyes twitched, and his complexion improved a bit.

Two or three years... is enough for him to operate.

Although "Monsters, Inc." is scheduled for next year, once the distribution agreement involves theaters, it will be very complicated, and the liquidated damages will be huge. By this time it works, it's too late.

But the next movie... Twain will definitely not miss it.

If memory serves me, Pixar's next film was Finding Nemo, the highest-grossing animated film of all time, surpassing The Lion King.

Regardless, the movie can no longer be placed in Disney's hands.

"Okay! Then let's make a deal. As long as I have enough distribution capabilities and promotion channels, I will directly buy out the distribution contract between Pixar and Disney, and switch to cooperating with Tang En Pictures. Don't regret it!"

Tang En stared at Jobs with piercing eyes.

Jobs seemed not to have heard his words, and drank his coffee slowly. After more than 20 seconds, he said slowly, "Is this the next condition?"

Tang En was startled, then nodded, "That's right, tell me, what do you need me to do?"

Previously, Dunn's Apple voting rights were handed over to Jobs in exchange for 10% of Pixar's shares. This time, it's the next collaboration.

"Hollywood is your pursuit, and Silicon Valley is my pursuit. Since I have made such a big compromise to you in Hollywood, I hope you can make more contributions to Apple."

"Say it, as long as I can do it!"

Jobs said: "The impact of the bubble crisis is too great, and it is likely to last for a while. The market share of Apple Computer... In short, I have not found the correct solution so far, so the stock price is likely to fluctuate greatly."

Tang En immediately understood what he meant, "You mean... let me help you stabilize the stock price?"

The stable stock price is the root of the shareholder meeting's continued support for Jobs.

If Apple's stock price plummeted, even with Dunn's support, Jobs would face the possibility of stepping down.

Tang En secretly laughed, this Jobs was too unconfident.

Maybe he himself can't imagine what earth-shaking changes he will bring to the world in the next ten years.

Jobs laughed and said, "I hope that Apple's stock price will not be lower than $10. Some time ago, you bought a lot of stocks in the secondary market and directly raised the stock price to $14. But once the market enthusiasm passed, it has now fallen. Quite a few."

Tang En pretended to be embarrassed, "Apple is a big company, I'm afraid I can't do it with my own strength alone. Although I made a lot of money in the stock market, I also invested in a lot of industries during this period, and I don't have much money ah."

"I will transfer 15% of Pixar's shares to the current stock price!" Jobs was very bold, and immediately put forward better conditions.

Now Pixar, 70% of the shares are in the hands of Jobs, 15% are in the hands of Pixar employees, and 15% are held by retail investors in the secondary market.

Jobs gave up 15% of the shares to Dunn, and he still holds 55% of the shares, holding the absolute dominance of Pixar. Even if Twain and Pixar's top executives are behind the scenes, he is not afraid.

Tang En laughed loudly, stood up, opened his arms, and gave Jobs a big hug.

"Happy cooperation!"

Tang En said this sentence from the bottom of his heart, with great joy.

Buying Apple stock, is this still what Jobs said? Tang En was still worried that he couldn't find a suitable reason for the acquisition to explain to the board of directors.

The conditions proposed by Jobs are simply giving Tang En warmth!

What's even more exaggerated is that Jobs gave up another 5% of Pixar's shares in order to get Tang En to agree to his conditions, a total of 15% of the shares, happy!

Now, Pixar's stock price is 10.5 US dollars, the total is 123 million, and the market value is about 1.29 billion US dollars.

Tang En Capital only needs to spend 190 million US dollars to obtain 15% of Pixar's shares, and take the opportunity to privatize Pixar in the future.

To Tang En, this deal is definitely worth the money!

"By the way, I see that you lack a computer in your office, how about this, I will give you an additional Apple computer."

"You don't have monitoring software installed, do you?"

"ah?"

Jobs was taken aback by Tang En's leaping thinking.

Installing surveillance software is illegal.

Tang En laughed loudly, "It's just a joke, the computer is accepted!"

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