The Best Entertainment Era

Chapter 881 Adversity

At the beginning of October, the latest issue of "Vanity Fair" features Ryan Cavanaugh on the cover, accompanied by an article - "The Law of Maple Leaf Films, the young and proud Ryan Cavanaugh aspires to become the most powerful player in Hollywood ".

When facing the media, the power of money is infinite.

In the face of huge money offensive, "Vanity Fair" chose to cheer for Ryan Kavanaugh.

"Money is truth."

In the office, Ronan flipped through the articles in Vanity Fair and said to Robert Iger: "Don't look at Hollywood's rejection of Ryan Kavanaugh and Maple Leaf Films. As long as they insist on making money, Hollywood will one day Compromise with their money."

Robert Iger agrees with Ronan: "Especially when Hollywood runs out of money."

Ronan carefully recalled, when did the former Theory of Relativity Films really open up the Hollywood market? After 2008!

That economic crisis led to a serious shortage of funds in Hollywood, and Relativity Pictures, which had a lot of cash in its hands, naturally became the object that Hollywood couldn't wait to reach out and embrace.

Ronan asked, "Can he mobilize enough funds?"

"Don't underestimate Ryan Kavanaugh's financing ability." Robert Iger had a close understanding of this person when he was in New York before: "Ryan Kavanaugh is very social. If at a party, you put Introduce a banker to Nicole Kidman and Penelope Cruz and in an hour the ladies will kill you for being so bored. But if it's Ryan Kavanaugh they'll fall in love He. An hour later, everyone was signing the financing contract, singing, and flying to Capri Island in Italy to celebrate, even though they were still in New York just now."

Ronan sighed: "Ryan Kavanaugh has entered Hollywood and entered our sights. What should we do?"

Robert Iger didn't answer, but he already had an answer in his heart - like a beautiful woman who walked into a men's prison.

Ronan added: "Ryan Kavanaugh is like a child born in Beverly Hills. The money comes too fast and too much."

Robert Iger said bluntly: "Finance is a double-edged sword."

"We have to keep that line." Ronan fully agreed, and then asked, "Is there anything new about Disney?"

Robert Iger said: "Roy Disney is well prepared,

Recently shot one after another. Michael Eisner was cocky and arrogant, and he was exhausted. Coupled with the fact that we and the most important companies on Wall Street have adopted a silent and on the sidelines attitude, his road has become narrower and narrower. "

Ronan asked: "Did the Wall Street companies not express anything else?"

Robert Iger replied: "Don't expect too much from them. They won't take the initiative until they see the opportunity really arise."

Ronan nodded slightly: "Now it depends on Michael Eisner's situation."

…………

Sacramento, the capital of California.

Michael Eisner hurried into a business club and met his old friend and famous investor Mario Brady in the reception room.

The investor, who is known as "Super Mario" in California, is also a major shareholder of Disney, holding more than 3% of the shares.

The activities of Roy Disney have already attracted the attention of Michael Eisner. The result of the previous contact with many shareholders was not good, which also made him fully aware of his own situation.

If he does not win the support of more people, it is not impossible for him to step down.

"Have you heard that Roy Disney is fanning the flames?" Michael Eisner went straight to the point: "He is very likely to attack me at the shareholder meeting at the end of the year..."

Speaking of which, Michael Eisner glanced at Mario Brady, and Mario Brady sipped his coffee slowly, as if he didn't hear it.

Michael Eisner said: "Mario, you have always been my strongest supporter since Disney's financing and expansion ten years ago, and I advocated preferentially accepting your investment. This time, I also need you and your partners their support."

With his pride, being able to say such words is enough to prove that the current situation is very unfavorable.

Mario Brady put down his coffee cup and said, "Mike, my investment in Disney is my biggest investment, and it can be said to be the most successful investment."

Michael Eisner breathed a sigh of relief: "In the future, your investment will get greater returns." He relaxed a lot: "Mario, please continue to support me at this shareholder meeting."

Mario Brady's voice suddenly changed: "Mike, I have a suggestion about the shareholder meeting at the end of the year."

"Please speak." Michael Eisner has hardly put on such a low profile in recent years.

"You take the initiative to resign." Mario Brady's voice was not high, but he was extremely firm: "If you take the initiative to resign before the shareholders' meeting, you can still exit with dignity."

Michael Eisner couldn't believe his ears: "What?"

Mario Brady said slowly again: "We have been friends for many years, listen to my advice. You have contributed to Disney, and no one can deny your contribution to Disney's market value today. As long as you can take the initiative to resign, believe Shareholders will not bite you, Roy Disney will take the initiative to back down, and the lawsuit in the Delaware Chancery Court will eventually come to nothing.”

"You..." Michael Eisner looked at Mario Brady, held back his excitement for a while, and asked, "Why?"

Mario Brady said it for granted: "I just said that Disney is my largest investment, and I must be responsible for my investment."

Michael Eisner's anger went straight to his head. After all these years, who has directly confronted him except Roy Disney? But he is not an ordinary person after all, reminding: "Mario, don't forget, who gave you the opportunity to invest in Disney? And who made Disney change from a small studio to today's entertainment media group! Who is it? Double the value of your investment!"

"It's you." Mario Brady did not deny this: "These are all done under your leadership and decision-making."

Michael Eisner curled his fingers and knocked heavily on the table: "You are not persuading now! You are betraying!"

Regarding the accusation of betrayal, no one would like it. Mario Brady was also a little excited, and raised his voice unconsciously: "Betrayal? Are you kidding, Michael? This is my investment, my share! Indeed, You have contributed a lot to Disney, but that was in the past! Since 2,000 years ago, Disney’s performance is commendable? Except for the mainland, all Disney parks are losing money! The live-action film business you advocated has the highest profit It's a small investment movie like "Princess Diaries"!"

From an investor's point of view, he could no longer bear the helm of Disney: "Let's talk about Disney's animation business, besides Pixar's animated films, does Disney have other works that can be sold? You and Steve- Jobs' contradictions have caused Pixar Studios to stay away from Disney! There are also offline peripherals, the revenue focus that Disney is proud of, and it has been compared to a pink pig in recent years!"

Mario Brady seems to have had enough of Michael Eisner: "Besides the brain drain, Robert Iger is such an excellent manager, you actually transferred him to Tokyo, which led to being poached by Relativity Entertainment. Also, you Jeff Katzenberg, who was forced out, don't you feel ashamed to look at DreamWorks Animation now?"

This series of accusations fell into the ears, and Michael Eisner's emotions gradually calmed down.

Mario Brady waved his arm vigorously: "Disney's situation is already very serious, and the interests of shareholders cannot be guaranteed. Even if there is no Roy Disney, there will be other people and shareholders to drive you out of office together."

If it were someone else, after such a well-founded accusation, maybe there would be feelings of shame, but who is Michael Eisner? How could it be considered his responsibility? How could it be possible to take the initiative to carry such a scapegoat?

"Don't be fooled by Roy Disney's hypocrisy." Michael Eisner gradually calmed down: "Mario, if it wasn't for Roy Disney's split, how could there be problems with Disney?"

Hearing this evasion, Mario Brady's heart became even colder. A person in charge of a company dare not even take responsibility, so what other hope can he have?

"Resign," said Mario Brady one last time. "It's good for all."

Michael Eisner laughed, what good would it do him to resign? Disney is completely out of control, and he becomes Roy-Disney's lamb to be slaughtered? Waiting for the case to be lost in the Delaware Chancery Court, and then lose everything?

Mario Brady looked at Michael Eisner. From the perspective of investors and shareholders, he hoped that things would end in a relatively peaceful way and that Disney would get back on track as soon as possible.

Michael Eisner said coldly: "I will not resign. Mario, after the shareholder meeting, it will still be me, Michael Eisner, not Roy Disney."

After saying this, Michael Eisner stood up and left the reception room without waiting for Mario Brady to respond.

After leaving the business club and getting into the car waiting outside, Michael Eisner felt heavy pressure.

The situation was more serious than he had imagined. Even the shareholders headed by Mario Brady stood against him.

He asked the assistant on the co-pilot: "How's the acquisition and financing going?"

"We have acquired the shares of several small shareholders, but the funds are limited." The assistant quickly said: "Financing is very difficult. Since the Delaware Chancery Court lawsuit, financial institutions have refused to negotiate with us..."

Michael Eisner frowned, is he really going to be kicked out by Roy Disney?

Looking back on his 20 years at Disney, Michael Eisner feels that his achievements are brilliant, even great, how can he be kicked out?

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