Chapter 1483 Interwar Period

‘The hostile takeover was launched on the 11th, and the short and bloody Seven-Day War of telecom giant Comcast ended in a very sloppy and disgraceful way. '

'Just like what has happened countless times in history, the story ends with Mickey Mouse's victory in the century. After defeating Comcast, its market value increased from more than 42 billion before the war to a post-war one. Nearly 54 billion...'

'The difference is exactly the premium that Comcast is willing to pay for the acquisition: $12 billion in debt to Disney. '

'Disney Chairman and CEO Michael Eisner has once again demonstrated his consistent toughness and authority at the media giant...'

Song Ya raised her head, listened to the news for a while, and then sighed softly.

On the surface, His Majesty the Emperor won this time very cleanly, but everyone in the game can see that his control over Disney is declining rapidly after this battle, or that there are already many hidden dangers before, so he was taken by Concas It was only after the surprise attack that they panicked, overreacted, and struck too quickly, too hard, and too hard, causing the Roberts family, who had been hit badly, to shrink back quickly.

This decisive action of the Roberts family opened another extremely dangerous breach, that is, from the 18th to the 3rd of next month, there will be an interwar period of about two weeks and ten stock trading days.

The great benefit of being hostile to mergers and acquisitions suddenly disappeared. After the Seven-Day War, the market value of Disney, which has skyrocketed by 20%, can maintain the current stock price of more than 28 dollars that is out of touch with fundamentals?

Being hostile to mergers and acquisitions is a big problem, and no one is a bigger problem!

Considering that Jobs' Pixar animation is so important to Walt Disney Pictures, Disneyland, toys and other businesses, on the premise that Jobs has made his attitude clear and refuses to change his mind...

I'm afraid it will be difficult.

Roberts Jr. also deliberately dirty Eisner's hand in the "surrender speech", claiming that he and Eisner had communicated with Eisner as early as January, although he took the initiative to mention this, which seems to have given the outside world more ridicule for him and his How stupid, how childish and credulous the family is, to strengthen Eisner... Disney's invincible, insidious, cunning, and ruthless king is the talking material, but if Disney's market value falls below the pre-war 400 after ten trading days What about two billion knives?

It might as well be acquired by Comcast!

At the shareholder meeting on the 3rd of next month, Disney shareholders will definitely turn against Yingtian.

And don't think that those Disney directors and executives who have been poaching under Eisner's wing for 20 years and sharing the spoils are really loyal.

His Majesty the emperor is nothing more than a fig leaf from the shameless bandit leader...

"What are you thinking?" Amy, whose belly was getting bigger, stretched out her hand and gently stroked the man's hair.

"Nothing, some business matters."

"snort!"

This answer made Amy very unhappy. She pushed the man's head back with more force, and then closed her eyes. Soon, the rosy color climbed up her white and glowing skin again, and the bedroom resounded with joy.

"Congratulations! Beyoncé! Ladies and gentlemen! We salute her...and Jazzy!"

On February 20, 2004, Disney's stock price fell back to the 27 yuan range.

Song Ya held a grand party at the home of the Highland Manor, in the name of celebrating its singers Beyonce and Jazzy who won multiple awards at the Grammys at the beginning of the month. At the same time, A+ Records and Metropolitan Records will also take everyone's opportunity Carry out a series of artist contract renewal and restructuring.

On the next day, A+ Entertainment, A+ Records and Metropolitan Records will sign a so-called "deep cooperation" strategic agreement with Disney's website and multimedia platform companies, and hold a signing conference. The main purpose is naturally to help His Majesty support the stock price .

The piggybacker will also take the opportunity to quietly remove the "Disney stock ban" that His Majesty had earlier guarded against him, but it doesn't make much sense, at least not for a while. It's not that I don't have any thoughts on Disney, but now it's terrible In such a situation, you can't really die generously for His Majesty the Emperor...

"yeah!"

Amidst the echoes of countless stars and guests under the banner, Song Ya raised her glass high, then drank the champagne with her neck up, and took a few photos with Beyoncé and Jazzy, the protagonists of the party who returned with honor, and said goodbye Sound guilty stay away.

"Continue scolding the Grammy jury." When passing by the director of ACE, he didn't forget to put his arms around the other's shoulder and ask.

"Hey, Alicia!"

Then he laughed and strode towards another DIVA under his banner, Alicia Keys.

"Yo."

This mixed-race black girl definitely dressed up specially today, with exquisite makeup, her iconic dreadlocks replaced with a retro hairstyle, and a satin green short cheongsam that undoubtedly showed her exquisite figure.

But still so cool, pumping his chin up like a boy from the block and sticking out his fist, "Just call me AK, APLUS."

"AK..."

Song Ya knew that the initials of her name Alicia Keys happened to be AK, and his friends had always called her that, but this suddenly reminded him of some past memories.

"What?" Alicia Keys naturally didn't know that there was another AK.

"It's nothing, okay, is it AK?" Song Ya quickly got rid of the momentary stupefaction, smiled and stretched out her fist, "No, can I call you little AK? I used to have a friend whose nickname was also AK."

"Okay, uh...you can't make it any more complicated?"

The two had a fist bump, and Alicia Keys seemed a little dissatisfied, "In our Brooklyn..."

"Haha, look down on me? I can do everything? Well, today I will teach you a set of authentic Chicago GD gang boxing..."

Song Ya was amused. Speaking of which, it had been a long time since he had practiced fancy punching, "Let's do this first, uh, your hand goes up, up and down, and then you stick out your thumb... Yes, hold mine, Then..." Immediately patiently taught her who was born in the Hell's Kitchen neighborhood of Brooklyn, New York.

Beyoncé, who was overwhelmed by the stars, happened to see this scene, the corners of her mouth curled down, and she immediately returned to her perfect smile.

"Um?"

At the same time, my cousin Connie, who had nothing to do, also noticed the abnormal situation, "Mam! Look!"

After smelling the ambiguous interaction, he hurriedly notified his mother Su Xi.

"Um?"

Aunt Susie watched the whole process of Song Ya and Alicia Keys playing fist bumps, laughing and bumping their chests, hugging, and patting each other's backs, and her eyes rolled immediately, "Go! Let's go and say hello too! Amy Li! You die for me!"

The mother and daughter rushed over, "Ahaha! AK! Oh Honey... welcome, welcome!" Susie raised the voice of the black aunt: "Have you been here before? Show you around?"

"Where... all gone?"

Rashida, who had just been chatting happily surrounded by her lover's three black bucket relatives, suddenly found that a whirlwind seemed to blow around her, and in an instant, everyone left cleanly.

She stood there holding the wine glass, her nose suddenly sour with grievance.

rustle...

On February 21, 2004, Disney's stock price fell below the 27 yuan barrier.

Song Ya at the press conference held her breath and signed the document, then smiled and got up to exchange documents with Disney people, shook hands and took pictures.

"It doesn't seem to work if it continues like this... If I help to make a profit here, it will only stabilize the basic market for you."

After stepping away from the flash, he asked Linton, who was inconvenient to show up on this occasion: "What is Eisner doing? Is there no other way?"

"We're doing everything we can," was all Linton could say.

And it is already very difficult to stabilize the basic market.

According to Linton, Robert Iger, who once yelled at His Majesty the Emperor at the meeting, was not punished after the Seven-Day War. Meet.

Now Disney only has Robert Iger who can meet Jobs and talk to Jobs. Disney needs Pixar Animation to change its mind, especially not to take away the Cars project.

Of course, with the skills of His Majesty the Emperor, he would not be so humble and wait for death. While he was madly doing shareholder work, he also sent Harvey as an intermediary to lobby Katzenberg. Only by winning over the animation department of DreamWorks could he hope Truly filling the vacuum that Pixar left.

Although Katzenberg was driven away by him, and the two had a great hatred, the three giants of DreamWorks have also broken up with each other. Business is business. As long as Disney offers a good price, it is not impossible for Katzenberg to eat Looking back, after all, Disney is still the most perfect distribution platform for animation companies.

Unfortunately, no matter how fast it is, it will definitely not be able to catch up with the shareholders meeting on the 3rd of next month.

Moreover, after Song Ya refused to intervene in the internal disputes among the Big Three of Katzenberg, David Geffen, and Spielberg, in order to buy Harvey to do things sincerely, he had to make clear the alliance with Harvey, the Seven Day War George Mitchell, an independent director who tried to violently seize power during the period, backed down.

The capital and room for maneuver under the emperor's control are getting less and less, and the authority is not far from disappearing.

"Hahaha! Ms. Sloan, I read that article you published in Foreign Affairs Magazine. It's very, very exciting!"

On February 26, 2004, Disney's stock price fell below $25.

Song Ya received Comcast Chairman Roberts Jr. at Litman Media headquarters again. This second generation is much more mature and rational. He laughed heartily in front of the flash and complimented Sloan. Some generous treats came to appease myself.

Comcast, which is licking its wounds at home, also needs to stabilize its fundamentals and allow its stock price to recover.

"Microsoft? Eisner's ability to find the richest man to meet in Los Angeles in time and endorse the platform is indeed a super skillful move to turn defeat into victory. Microsoft has not concealed their attempt to have media hegemony from the beginning to the end, such as MSNBC, which is a joint venture with NBC. The 24-hour news station, but the richest person personally took action at the most critical moment on the 15th, probably more because Microsoft also owns a large number of Comcast shares and B shares with ten times the voting rights... They don't want to be caught The Roberts family has dilute its stake in Comcast through the acquisition of Disney."

Sloan looked at the back of Roberts Jr., and whispered to Song Ya: "It is very difficult to keep Microsoft silent after the war. It is impossible for them to officially confirm that there is really a so-called plan to acquire Disney. Eisner has not yet done so. The strength makes Microsoft help so much. Don't get involved..."

"Of course I won't."

What about tens of billions of super mergers and acquisitions, what cards can I have to make the world's richest man change his mind in a short time, even if he has, wouldn't he earn more by using it elsewhere?

"So, they..." Song Yachao pouted to Roberts Jr., "It's impossible to wait for Disney to fall into turmoil again and then fight back?"

"Yes, the fatal backstab of the richest man shows that Comcast's internal conflicts have also begun to erupt because of the merger, and Eisner won the bet."

Sloan nodded, "The top priority of the Roberts family now must be to find a way to deal with Microsoft's internal offensive, and it is impossible to have the energy to look outside."

"Who do you think will win?" Song Ya asked.

"It's hard to say, Microsoft is much stronger, but their investments outside the software industry have all failed." Sloan replied.

On February 28, 2004, Disney's stock price fell to $23.08 before the Seven-Day War.

"Jeff, how are you thinking? Are you interested in GE...Oh? Is it? Are you close to signing a contract with Vivendi Universal? What about strategic investment? I can...OK, okay, it doesn't matter... ..."

His majesty was in a panic, but his fighting spirit was still tenacious. He called Immelt, the head of GE. He had personally visited banks and investment banks in various countries, and tested the attitudes of foreign governments and even oil companies.

But even if many people are interested in Disney, the time is too late.

"Why!"

He took out his handkerchief to wipe his sweat, exhausted physically and mentally. After a while, he mustered up his ambition to pick up the microphone again, and was about to press him about the progress of calling a certain prince, when he suddenly saw a text message popping up from Bloomberg's machine.

'Breaking news, Goldman Sachs chairman Paulson has just publicly expressed his dissatisfaction with the agenda of the Disney shareholder meeting to be held on March 3. He severely criticized the nomination committee of Disney's board of directors for nominating Eisner as the only candidate for chairman and CEO. The practice also suggested that this conference should be used to separate the positions of chairman and CEO, so as to change the current situation where Disney's power is too concentrated. '

'Boom! ’ The microphone dropped from his hand.

Falling into a deep depression, His Majesty the Emperor, who only recovered after a while, gradually rekindled the raging anger in his eyes, "Okay! Come on!" He picked up the microphone and thought for a while, then dialed Robert Iger unrelentingly.

"Steve Jobs' refusal to make a statement is the biggest statement. He is now sitting firmly on the Diaoyutai, Mr. Chairman."

Robert Iger said wearily: "Besides, he still has a lot of trouble with Apple... His physical condition is also very bad."

Yes, after the rapid contraction of Comcast, Jobs' position in the game has become more favorable, and he is the kind of person who is extremely arrogant, and he will not change his mind if he decides to drive himself away...

"Steve..." At the same time, Paulson watched Disney's stock price continue to fall, and finally dialed Jobs's phone leisurely, "We need to talk."

‘Goldman Sachs subsequently revealed its holdings of Disney stock…’

Song Ya withdrew her attention from the Bloomberg machine, straightened her body, and said nothing.

"Yo?"

Little AK, who was lying sideways on the sofa, smiled and looked at his back as if he had been immobilized, "What's wrong with you?"

"Ah!" The man turned his head and looked back, his eyes were completely different from those of the Qingqing me just now, as sharp as electricity, and the black pupil seemed to contain monstrous hatred and cruelty.

She was a little startled and let out a soft cry.

"Then, you let..."

Song Ya picked up the microphone casually, "O'Grady, Amelio, Dr. Chen, they will join the conference call immediately."

"BOSS!"

Linton was so excited that he even forgot to knock on the door. He pushed open the door of His Majesty's office and announced the good news loudly, "APLUS money has come in!"

On March 1, 2004, before the rice stock market opened.

"I'll throw so much anyway! Let's act in unison!? According to the agreed ratio! No one should play tricks!"

Roy's old eyes flicked past Disney's beautiful and dazzling little rebound curve at the end of yesterday's trading, and then turned his head to look at the portrait of Uncle Walt Disney on the wall, gritted his teeth, and said to Jobs and Larry Ellison : "Sign this, it's not that I don't trust you..."

After getting an affirmative answer, he signed the document in front of him with trembling hands, pushed it to Larry Elson, and then slumped down on the chair.

"The unprecedented achievements in projects such as the Fifty Shades of Gray series, the Pirates of the Caribbean series, and even the older "Pretty Woman" prove the success of Disney's touchstone strategy, and prove that Disney still has unlimited potential to tap in the field of live-action movies..."

For a company with extremely dispersed stocks like Disney, the general meeting of shareholders is also an election. It has all the elements of an election, even if the turnout rate does not exceed 50% all year round. Good story.

The first person on the Hollywood power list who was finally won by a big price, the super producer Bruckheimer said to the reporter: "Yes, losing Pixar is a disaster for Disney, but the 3D animation production cycle is too long. I heard that They started preparations for Cars in 1998, and the projected opening time is in the summer of 2006? My God! This is an unimaginably long time..."

"I have nothing to say. I support Mr. Eisner. He and I, or he helped me to create the great cause of Disney Records. During this wonderful time, Disney Records ranked among the top six and established the world's top record The glory of the company..."

The Royalist Party can only tell the story of 'live-action movies'. Song Ya said: "The same is true for cooperation in the film industry. I don't think those animation villains have any advantages over professional actors who have polished their acting skills for many years. Special effects technology is very important in live-action movies. The practice in the film is very mature, including 3D special effects...In fact, Disney has no shortage of IP, just take out those classic animation characters and remake them one by one, and you can shoot them into the next century..."

"Live-action movie..."

"Live-action movie..."

Linton also spoke frantically with Bowei Films, Touchstone Films and other high-level executives. This is why he has pulled Song Ya to win over these people from the very beginning. The votes in the hands of shareholders will follow the money printing machines of these companies and Professional managers they feel they can trust vacillate.

Comcast's hostile merger was just a black swan event that happened suddenly, but it had an extremely bad impact on His Majesty's authority.

"Bruckheimer is talking nonsense. If Eisner wanted it all, his Pirates of the Caribbean series would not have been approved! Maybe everyone doesn't know it, but it was me! I first supported the Lord of the Rings project directed by Peter Jackson, and even participated in it. Early investment! And Harry Potter! But Eisner! Yes! He! Damn! Won’t give me an extra penny! As a result, I have to watch these projects with great potential go to other companies!"

Harvey complained excitedly: "They still have the nerve to talk about live-action movies..."

"Now audiences don't like to watch 2D movies produced by Disney Animation, and children prefer Pixar's new animated characters like Buzz Lightyear and Nemo the clownfish... The sales of our peripheral products in recent years have also proved this point."

"Whether in California or Tokyo, visitors to Disneyland are more and more interested in more futuristic projects, and the increase mainly comes from new rides related to Pixar animation..."

"We can't lose Pixar..."

"Pixar..."

The bigwigs of the 'opposition' are not to be outdone when they fight with each other.

"The value of Disney did drop a lot during the burst of the Internet bubble, but it was a stock market crash! Who is not the same, what can be done? Looking at the timeline, didn't Disney under the leadership of Eisner give us long-term shareholders a lot of money? in return?"

"Eisner deliberately concealed his conversation with Comcast Chairman in January. I have not seen any records of his report to the company afterward..."

"It was Roy Disney's plan to save Disney that Comcast saw an opportunity to take advantage of. What's wrong with saving Disney... I think it's destroying Disney."

"The Walt Disney Company is no longer the Walt Disney Company it used to be, and it's not at all out of step to change its name to Michael Eisner and Company...It's a sad story."

"Where did United Artists go? What is the status of Marvel? I heard that MGM is going to go bankrupt again... Mr. Eisner has led us to the present for 20 years. The largest and second largest TV network, Disney deserves everything!"

"Goldman Sachs is right! At least Eisner shouldn't be so rampant. As the chairman and CEO, he should instruct the nominating committee to make him the only candidate? This group of raccoons don't even bother to act. right?"

On March 2, 2004, when the rice stock market closed on Friday, Disney's stock price was $21.11, and its market value was less than 37.5 billion.