Heads Up Hollywood

Chapter 703 Michael's Argument

Beverly Hills, Country Club.

VIP rest area.

Tang En's head is a bit big.

Under his leadership, Michael Ovitz and Michael Eisner met.

As a result, the two sides quarreled like hell!

"Accuse me? In Disney, it's just a bunch of ungrateful bastards!"

Michael Ovitz was very annoyed.

Michael Eisner was equally angry, and shouted in a low voice: "Ingratitude? During the year you worked for Disney, what did you contribute to the company?"

"Do you need me to list them all?"

"Say it!"

Michael Ovitz said coldly: "Abc's flagship show "Home Remodeling" was an asset worth 250 million US dollars. However, there was a problem at the time, and the lead actor Tim Allen claimed to withdraw. I was the one who settled this matter!"

"It's you?" Michael Eisner said slightly sarcastically, "Yeah, you settled this matter, and almost caused Disney to encounter lawsuits from the Securities Regulatory Commission and shareholders."

"You are a bunch of nonsense!" Michael Ovitz stared, "Tim Allen likes art, and he is very interested in my collection of paintings. In order to convince him, I specially learned from the contemporary painter Roy In the hands of Lichtenstein, through my relationship, I bought a work for only 1,500 US dollars and gave it to him, which is the key to his change of heart!"

"So you just want the company to reimburse you? What about your professional ethics?" Michael Eisner retorted.

"I'm working for Disney, so the company will reimburse the painting, isn't it right?"

"Hmph, it seems that you have never worked in a listed company. Don't you understand that listed companies are not allowed to give gifts?"

Michael Ovitz paused slightly, but his tone was still strong: "Ridiculous and ridiculous rules!"

"It's because you haven't seen the world."

"Okay, even so, what about Katzenberg? Back then, you and Jeffrey Katzenberg had a quarrel, and I came forward to help you settle him, and we settled everything with him. Disney only needs to Pay 90 million U.S. dollars, and contract disputes can be resolved privately. What's the result?"

Michael Eisner was livid and speechless.

Tang En naturally knew the result.

Michael Eisner acted arbitrarily and did not accept Ovitz's proposal, but chose to confront Jeffrey Katzenberg head-on.

As a result, the court ruled that Disney was in breach of contract.

Disney paid US$130 million in compensation for this, and also paid more than US$30 million in legal fees, legal fees and public relations fees, which can be described as a blood loss.

This is the biggest stain in Michael Eisner's life.

Michael Ovitz didn't want to let him go so easily, and said coldly: "Before I joined Disney, I worked as an agent for 30 years. In my hands, there has never been a conflict that cannot be solved, and there has never been a problem that cannot be achieved." Deal! I have a 100% accuracy rate! Same 100% accuracy rate when it comes to reaching a settlement! And the result? Working at Disney, every time I try to do something, someone is holding me back!"

Back then, Michael Ovitz was the veritable No. 1 agent in Hollywood, with great power and ability to overwhelm the six major film companies.

But in the end, he switched to Disney and ruined his reputation for half his life.

The price is heavy.

Not to be outdone, Michael Eisner said, "Someone is holding you back? Just say it was me. But, look at what you did back then? You want to buy the Los Angeles Lakers! You want to buy the Seattle Seahawks!" You still want to buy EMI Records! Such a ridiculous decision, if I don't stop it, Disney will be finished long ago!"

"Extremely ridiculous!"

Michael Ovitz looked gloomy and disdainful, "Don't forget, I also proposed to spend 100 million US dollars to acquire 50% of Yahoo's shares! If this deal is reached, the current market value of this stock will exceed 240 100 million dollars! Equal to half of Disney!"

Michael Eisner also had enough means to refute, saying: "The way you manage the film department is still the idea of ​​an agent. You simply treat the studio as a money bag. After you join Disney, every year you hire people The cost can reach 80 million U.S. dollars. But in fact, it only needs to cost 8 million U.S. dollars!"

Michael Ovitz said coldly: "I'm talking about Yahoo, a stock worth $24 billion!"

Michael Eisner was livid.

This is unreasonable.

Tang En couldn't listen anymore, interrupted the quarrel between the two, shook his head and said, "No matter what, the decoration of the office cost 3.7 million dollars...it's amazing."

"No, the office on the third floor is a temporary office, and that doesn't count against me. I'm the president of the group, so I'm supposed to work on the fourth floor. It's not my fault." Michael Ovitz argued plausibly.

Tang En frowned, "Even so, you still spent a total of 2.7 million dollars to decorate the office on the fourth floor!"

Michael Ovitz said: "That's because of the rush, and more than $1 million is spent on overtime pay for workers."

Tang En was speechless.

Michael Ovitz, who was born as a broker, really refused to give up an inch!

"Okay, then see you in court!"

Michael Eisner has run out of patience.

"stop!"

With a wave of his hand, Tang En interrupted the two people who were angry, and said in a deep voice: "Okay, this matter has passed for so many years, there is no need to bring up the old score again. Disney's market value is rising steadily, Legendary Pictures The turnover is also increasing every year, how good is the current situation? Is it necessary to go to court?"

Michael Eisner fell silent.

Of course he didn't want to go to court.

Although... he is reasonable.

Michael Ovitz was too extravagant and wasteful when he was at Disney.

Disney shareholders also have some reason to accuse him of misappropriating company assets.

It's just that the last time he had a dispute with Jeffrey Katzenberg in court, he made a big mess.

Never want to do this again.

Not to mention Michael Ovitz, as the defendant, of course he is willing to settle it in private.

Otherwise, he wouldn't be here today.

Dunn sighed, and said earnestly, "Michael...uh, Ovitz, Eisner, I know that you have been old friends with a deep friendship for decades. There is no deep hatred between you, you are not enemies!"

Michael Ovitz sighed.

He was a few years younger than Michael Eisner, but he was almost sixty years old.

How can there be no memories of those years?

Michael Eisner pondered for a while, then shook his head, "I never thought of accusing him, this is the request of the board of directors. Disney is internally checking the accounts to check the unreasonable breach of contract expenses that year, including Jeffrey Carson Berger, Steve Burke, et cetera."

"It's very simple, this is looking for a diversion point of contradiction."

Tang En shrugged and pointed out the problem directly.

Michael Eisner said with emotion: "Yes, the contradiction has shifted."

Disney's two consecutive films have failed, and the film business has once again been questioned. Investors are full of worries about Disney's prospects, and they are selling stocks one after another.

With the release of "The Chronicles of Narnia 2", Disney's market value has evaporated by 3.5 billion US dollars.

To solve this problem, the best way is to shift the focus of the conflict!

Let the media and investors no longer pay attention to Disney's film business, but pay attention to the prosecution of Michael Ovitz.

Transferring contradictions is often a common way to solve some difficult and miscellaneous diseases.

"Actually...it doesn't need to be like this!"

Tang En waved his hand and decisively gave his own judgment. (https:)

Please remember the first domain name of this book: . :

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