Chapter 552 Round C

Since it is a production company under Disney, it is right to find Katzenberg. It just so happens that DTS's C-round financing agreement has been negotiated, and Song Ya plans to find him when everyone is signing together. Let's talk about the adaptation rights and related scripts. According to the current situation of the Hollywood film industry, it should not cost two dollars.

But unexpectedly, Katzenberg did not come, and only appointed a lawyer to be there, and will sell all the shares in his hand in the C round.

He asked David Geffen, who made eye contact with Catherine, representing Spielberg. "Him? Not now." They both laughed.

"Is it because The Lion King is about to start painting?" Katzenberg is in charge of Disney's animation department. The Lion King cost nearly 50 million, which is a very large investment for an animated film. Song Ya guessed that he must be very worried.

"Yes and no." David Geffen was noncommittal, "Old rules, try to find out in Hollywood yourself, I believe it is not difficult."

In round C, the valuation of DTS reached 120 million knives, Song Ya's shares continued to be compressed, from 12% to 5%, and the 7% that was released was transferred at a price of 8.4 million knives It was given to the investment institutions that came in in the C round. As an angel round investor, he should have actively or passively made a profit and left at this point in time, but he still intends to maintain his presence in DTS. The C round investor considered his role in the record industry and film industry for DTS, This insistence was also allowed, so the anti-dilution rights that Alicia helped to win during the B round were not used.

If the C round is the last round of financing, after DTS takes about 30% of the shares to issue tradable shares in the future, he will probably still have 3.2% of the shares left, of which 3% of the A shares, 100% 0.2% of B shares, each B share has ten times the voting rights of A shares, so he will still have a board seat in the future DTS, with about 5% of the voting rights. It is natural that founder Terry Beard insisted on going public with this method of different rights for the same share, otherwise he would not be able to control the company with an absolute majority after so many rounds of dilution.

This is also the first time he got back real money from DTS's 250,000 angel investment.

"The pig on the vent?"

Smith, a black executive at Goldman Sachs, said with a smile: "According to today's valuation, your angel investment has multiplied by more than 50 times. It is impossible for a pig to always stand in the wind."

"It can't be counted like this hahaha..." Song Ya smiled modestly, "I have done a lot for DTS."

"Yes, thank you APLUS." The most excited person in the room was undoubtedly Terry Beard, he got up and shook hands with Song Ya, "We started a business together."

Indeed, Song Ya used DTS surround sound technology in her first album and subsequent albums. For example, a big DTS logo will be placed before each MV, just like what MJ did for Dolby in the Dangerous album. DTS technology was also used in the released Dancing Out of My Life. As a movie featuring music and singing, Terry Beard had already seen the sample in advance, and he was very satisfied with the sound effect of the whole film.

Song Ya also helped DTS in other ways. For example, A+ Records insisted on purchasing DTS equipment and authorization from a very early age, and used his personal reputation to expand the popularity of DTS. These are all costs. And of course the efforts of Alicia and Delay, who were in charge of the negotiations.

"We still need you APLUS, continue to be lucky." An executive from Greenwood Capital laughed.

"I hope so." Song Ya suspects that the real reason why they have no objection to keeping the five percent is that they want to treat themselves as a mascot or a lucky charm. Many people who play stocks believe this, and the whole world Same.

However, this money cannot be obtained directly, because it depends on the investment income of A+ Audio Company, and A+ Audio has already mortgaged this part of the income, and took the land in Silicon Valley through the American Music Project, "Maybe we should repay the loan Afterwards, the remaining proceeds will continue to be invested in Silicon Valley." Taking advantage of the adjournment of the meeting, A+ Audio President Delay immediately suggested.

"I have another use for that money, you know, I'm spending too much now..."

Song Ya knows that the interests of himself and Dilai are not completely consistent now. Dilai will receive a 5% equity incentive from A+ Audio Company on January 1, 1995. He certainly does not want to get the equity in a few months. Put such a large amount of cash without leaving.

At present, A+ Audio is still fully owned by himself, so let’s say, “How much can I get back after repaying the loan and other costs?” When he promised DeLay’s equity, he did not expect that A+ Audio would develop so well. Most of the bosses have a conscience, and besides, they invested in the surround sound industry because of the inspiration from the apocalypse. DeLay just found DTS under the big goal he set.

"Four million dollars." Delay didn't insist any more.

"Okay, transfer it to my investment and copyright management company as soon as possible."

His current expenses are indeed a bit high. He saw half of it in 1994, and he spent money like water without making any investment. He was pulled by Mariah Carey to buy land, build a house, and buy an airplane. It was a festival and he would give each other expensive gifts. Next Engagement ceremonies, weddings...

I have another son to raise...

"Good job, Alicia." Song Ya held Alicia's hand when saying goodbye, "Did you tell Will Gardner what I said?"

"Yes, I talked to him."

This beautiful middle-aged woman maintained her usual elegance and competence. She smiled and said, "Will won't do you any harm."

"I don't want to hear what is good or bad. I just want Will to stay away from Tony or my family. If I find out that he continues to bewitch Tony, I will break off the cooperation with your law firm." Song Ya warned: "Otherwise, you will lose your share in the DTS listing."

"And the fees of your Lockhard and Gardner law firms are too expensive." Delay complained from the side, "If you want to maintain the cooperative relationship next year, Will's best to lower the price."

Alicia was a little caught off guard. She opened her mouth slightly to look at Song Ya, and then at the door of the conference room where the agreement was signed just now. She was stunned for a while before she spoke, "Excuse me? APLUS, my law firm and I were here just now, and we helped you win The best deal that could have been won."

"You also said it was just now, so that's already in the past tense, and besides, I didn't miss a cent of commission and working hours."

Song Ya turned his face faster than turning a book, "Promise Will do this, okay? Oh yes, say hello to Peter for me."

Leaving Alicia frozen in place in a daze, Song Ya strode away, and when she returned to her residence, Yeremov was already waiting.

"What happened to Katzenberg? David Geffen and Catherine were mysterious just now." Song Ya asked.

"I heard that he may become the boss of Disney this year."

Yeremov reported the news he came back from inquiring, "In April, Disney Vice Chairman, President and Chief Operating Officer (COO) Franklin Wells died in an accidental plane crash, and then Chairman and CEO Michael Eisner has been suffering from heart problems. The bypass surgery to be performed is very risky, and he intends to step down, so...if nothing happens, by the end of this year or next year at the latest, the power of Disney will belong to Katzenberg."

"No wonder he wants to sell out his DTS shares. At this delicate time, he must pray that there will not be any negative news about him personally?" Song Ya asked.

"Yes, that's Disney! That's good news for us, at least you can get in touch with him haha..."

Yeremov said cheerfully, "But for the script you asked about, it's not a good thing."

"how?"

"According to the gossip about the reorganization of the management of Hollywood Pictures, the former president of Disney Publishing Company Mark Linton will go to Hollywood Pictures to become the president."

Yeremov said: "From being assigned by Disney Publishing Company to Hollywood Pictures, which has been losing money for years, Linton is the loser of Disney's internal power struggle, and he happens to have a bad relationship with Katzenberg."

"Maybe it was Katzenberg who did it? To clear the way for the superior?" Song Ya asked.

"I don't know, anyway, buying the film adaptation rights of that book may be a bit variable." Yeremov said.

"Anyway, let's ask for a price first?"

"They won't be doing business until the end of June, and they won't be doing business until then."

"Uh, well..."