Chapter 1183： criticize
Michael Eisner did not want a shareholders meeting.
At this juncture of the current downturn in the stock price, once the shareholders gather and gain power, they will definitely attack him as the CEO.
Since becoming CEO of Disney in 1984, this is almost his weakest time at the helm of Disney, even more haggard than when Roy Disney led the "Invert Eisner" movement in previous years.
The Swift Fund is Disney's largest shareholder and has the qualifications to propose a general meeting of shareholders.
Michael Eisner and his confidant Peter Murphy planned to have a good talk with Scott Swift and persuade him to give up the idea of proposing a general meeting of shareholders.
You are a venture capital expert, and you are in the Internet and technology industries. Disney's media entertainment industry is not in the same business as you! You can honestly hold the stock and wait for the appreciation, don't toss!
Scott Swift apparently doesn't think so.
He came to the CEO's office and made a preemptive strike.
"I thought Disney's stock was a value investment, but it turned out to be very disappointing. You haven't done anything to boost the stock price, I just bought a large amount of stock from the Bass family, and it's only been two days, That's a $60 million loss!"
Michael Eisner's heart skipped a beat, feeling that the other party was not well-informed.
Since it is a value investment, it must be a long-term investment.
How can we look at the performance of short-term stock prices?
Confidant Peter Murphy said with a smile: "The recent situation in Hollywood is a bit complicated, and a collective negative atmosphere has formed. It is reasonable for Disney's stock price to fall in a narrow range. But you can rest assured that Disney's stock price has bottom support and has already I can't fall down."
"Bad atmosphere?" Scott Swift said indifferently, "Don't forget my major, my understanding of the financial market is definitely better than yours. Disney's stock price is falling, but CBS's stock price is rising. Is this the case? Wasn't it your operational error?"
Peter Murphy looked embarrassed and embarrassed.
That's for sure!
The outside world has spread the word!
The next season of "American Idol" may not be broadcast. This trade-off, Disney's stock price fell, and CBS's stock price rose is a matter of course.
Michael Eisner said solemnly: "Mr. Swift, you may not understand the landscape of the entertainment industry. Hollywood is the most chaotic time in the past few decades. As long as this period of time passes, everything will naturally improve."
"Chaos? Why is there chaos?"
"Uh……"
Michael Eisner and Peter Murphy looked at each other, helpless.
Are you really stupid or fake?
Don't you know this?
The Big Five is encircling New Universal!
A new turf division is going on inside Hollywood!
Scott Swift didn't seem to know much about all of this. He took out a document from his briefcase, his face was solemn, and he shook his head frequently: "In the past two days, I have met with many directors, shareholders, and incumbents. The current and outgoing Disney executives understand a lot of Disney's management issues. It's not optimistic!"
Michael Eisner was livid.
Scott Swift was unmoved, took out a document, and said indifferently: "Looking back at Disney's expansion strategy in the past few years, it is not difficult to find that there are pros and cons. The development of retail stores and theme parks, Most of them are suspected of overheating. There is a Disney Adventure Park built next to Disneyland in California. Isn't this fighting by myself? Moreover, the construction of TV networks is good and bad, and it is not bright!"
Peter Murphy couldn't help but say, "Is ESPN not bright enough? ESPN is the most profitable cable channel in the United States!"
Scott Swift said: "You can't generalize, ESPN's success can't cover up ABC's decline. Especially important, Disney's link in the TV distribution network is particularly weak."
This is a topic that was forbidden by Michael Eisner. He laughed angrily, interrupted Peter Murphy who was about to argue, and waved his hand: "Okay, I remember, you continue!"
What a threatening situation!
He is the chairman and CEO of Disney, and he is very powerful.
He has already thought about it, if this Scott Swift really dares to do something wrong, then he will first deal with the cowardice and control him first.
After a while, the situation calmed down and Disney's stock price rose smoothly. He would definitely take revenge!
Despite Scott Swift being a major shareholder, Michael Eisner has plenty of ways to make him suffer huge losses from investing in Disney.
"Don't mess with me!"
Michael Eisner thought hard in his heart.
Scott Swift's face was indifferent, and he continued: "During this time, I have received many complaints from animators that you have too many restrictions on Disney's artistic creation, which has seriously affected their creative thinking. This is the root cause of Disney Animation's embarrassment. Of course, I'm more concerned about another thing, you also take this approach in administration. You send two or three people in charge of a department, forming a 'committee' situation, who There is also no absolute sovereignty and mutual restraint. This will not promote healthy competition, but will intensify internal power!"
"You can't say that..." Peter Murphy couldn't help it, he could see that the big boss was on the verge of an outburst of anger.
Michael Eisner interrupted him again, waved his hand, and said coldly, "Let him continue!"
Scott Swift said: "Mr. Eisner, you need to understand that I'm not targeting you, I'm just stating my investigative report over the past few days and what some Disney insiders have said about you. You are the biggest The mistake is the mistake of the employment policy. The concentrated expression is naturally Jeffrey Katzenberg and Michael Ovitz The former, Disney paid 270 million US dollars, and the latter, Disney paid 1.6 Billions of dollars, that's absurd!"
Michael Eisner can't take it anymore!
In the past few decades, who would dare to criticize him mercilessly in front of him like this?
But he didn't expect that the next sentence was like pouring a basin of cold water on him, and he woke up a lot.
Just listen to Scott Swift say: "Just yesterday, I had coffee with Mr. Roy Disney."
"Have coffee with Roy?"
Michael Eisner looked shocked, and Peter Murphy looked terrified.
Who is Roy Disney?
The contemporary patriarch of the Disney family with a red root!
Is the banner figure against Michael Eisner!
If it wasn't for the collusion between Michael Eisner and Dunn's secret music, he would not have been able to pass the Roy Disney level at all, and he might have stepped down directly.
Now, the crisis has appeared again.
Michael Eisner was terrified that the new major shareholder had a secret meeting with Roy Disney at this time!
There is a feeling of being kicked out at any time.
Scott Swift twitched the corners of his mouth and smiled, "Yes, Mr. Disney is a very kind and kind old man. He has very deep feelings for Disney. I am willing to listen and I admire him very much."
At this juncture of the current downturn in the stock price, once the shareholders gather and gain power, they will definitely attack him as the CEO.
Since becoming CEO of Disney in 1984, this is almost his weakest time at the helm of Disney, even more haggard than when Roy Disney led the "Invert Eisner" movement in previous years.
The Swift Fund is Disney's largest shareholder and has the qualifications to propose a general meeting of shareholders.
Michael Eisner and his confidant Peter Murphy planned to have a good talk with Scott Swift and persuade him to give up the idea of proposing a general meeting of shareholders.
You are a venture capital expert, and you are in the Internet and technology industries. Disney's media entertainment industry is not in the same business as you! You can honestly hold the stock and wait for the appreciation, don't toss!
Scott Swift apparently doesn't think so.
He came to the CEO's office and made a preemptive strike.
"I thought Disney's stock was a value investment, but it turned out to be very disappointing. You haven't done anything to boost the stock price, I just bought a large amount of stock from the Bass family, and it's only been two days, That's a $60 million loss!"
Michael Eisner's heart skipped a beat, feeling that the other party was not well-informed.
Since it is a value investment, it must be a long-term investment.
How can we look at the performance of short-term stock prices?
Confidant Peter Murphy said with a smile: "The recent situation in Hollywood is a bit complicated, and a collective negative atmosphere has formed. It is reasonable for Disney's stock price to fall in a narrow range. But you can rest assured that Disney's stock price has bottom support and has already I can't fall down."
"Bad atmosphere?" Scott Swift said indifferently, "Don't forget my major, my understanding of the financial market is definitely better than yours. Disney's stock price is falling, but CBS's stock price is rising. Is this the case? Wasn't it your operational error?"
Peter Murphy looked embarrassed and embarrassed.
That's for sure!
The outside world has spread the word!
The next season of "American Idol" may not be broadcast. This trade-off, Disney's stock price fell, and CBS's stock price rose is a matter of course.
Michael Eisner said solemnly: "Mr. Swift, you may not understand the landscape of the entertainment industry. Hollywood is the most chaotic time in the past few decades. As long as this period of time passes, everything will naturally improve."
"Chaos? Why is there chaos?"
"Uh……"
Michael Eisner and Peter Murphy looked at each other, helpless.
Are you really stupid or fake?
Don't you know this?
The Big Five is encircling New Universal!
A new turf division is going on inside Hollywood!
Scott Swift didn't seem to know much about all of this. He took out a document from his briefcase, his face was solemn, and he shook his head frequently: "In the past two days, I have met with many directors, shareholders, and incumbents. The current and outgoing Disney executives understand a lot of Disney's management issues. It's not optimistic!"
Michael Eisner was livid.
Scott Swift was unmoved, took out a document, and said indifferently: "Looking back at Disney's expansion strategy in the past few years, it is not difficult to find that there are pros and cons. The development of retail stores and theme parks, Most of them are suspected of overheating. There is a Disney Adventure Park built next to Disneyland in California. Isn't this fighting by myself? Moreover, the construction of TV networks is good and bad, and it is not bright!"
Peter Murphy couldn't help but say, "Is ESPN not bright enough? ESPN is the most profitable cable channel in the United States!"
Scott Swift said: "You can't generalize, ESPN's success can't cover up ABC's decline. Especially important, Disney's link in the TV distribution network is particularly weak."
This is a topic that was forbidden by Michael Eisner. He laughed angrily, interrupted Peter Murphy who was about to argue, and waved his hand: "Okay, I remember, you continue!"
What a threatening situation!
He is the chairman and CEO of Disney, and he is very powerful.
He has already thought about it, if this Scott Swift really dares to do something wrong, then he will first deal with the cowardice and control him first.
After a while, the situation calmed down and Disney's stock price rose smoothly. He would definitely take revenge!
Despite Scott Swift being a major shareholder, Michael Eisner has plenty of ways to make him suffer huge losses from investing in Disney.
"Don't mess with me!"
Michael Eisner thought hard in his heart.
Scott Swift's face was indifferent, and he continued: "During this time, I have received many complaints from animators that you have too many restrictions on Disney's artistic creation, which has seriously affected their creative thinking. This is the root cause of Disney Animation's embarrassment. Of course, I'm more concerned about another thing, you also take this approach in administration. You send two or three people in charge of a department, forming a 'committee' situation, who There is also no absolute sovereignty and mutual restraint. This will not promote healthy competition, but will intensify internal power!"
"You can't say that..." Peter Murphy couldn't help it, he could see that the big boss was on the verge of an outburst of anger.
Michael Eisner interrupted him again, waved his hand, and said coldly, "Let him continue!"
Scott Swift said: "Mr. Eisner, you need to understand that I'm not targeting you, I'm just stating my investigative report over the past few days and what some Disney insiders have said about you. You are the biggest The mistake is the mistake of the employment policy. The concentrated expression is naturally Jeffrey Katzenberg and Michael Ovitz The former, Disney paid 270 million US dollars, and the latter, Disney paid 1.6 Billions of dollars, that's absurd!"
Michael Eisner can't take it anymore!
In the past few decades, who would dare to criticize him mercilessly in front of him like this?
But he didn't expect that the next sentence was like pouring a basin of cold water on him, and he woke up a lot.
Just listen to Scott Swift say: "Just yesterday, I had coffee with Mr. Roy Disney."
"Have coffee with Roy?"
Michael Eisner looked shocked, and Peter Murphy looked terrified.
Who is Roy Disney?
The contemporary patriarch of the Disney family with a red root!
Is the banner figure against Michael Eisner!
If it wasn't for the collusion between Michael Eisner and Dunn's secret music, he would not have been able to pass the Roy Disney level at all, and he might have stepped down directly.
Now, the crisis has appeared again.
Michael Eisner was terrified that the new major shareholder had a secret meeting with Roy Disney at this time!
There is a feeling of being kicked out at any time.
Scott Swift twitched the corners of his mouth and smiled, "Yes, Mr. Disney is a very kind and kind old man. He has very deep feelings for Disney. I am willing to listen and I admire him very much."
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