Chapter 320： Financing reached
When leaving the Ginza business district, Robert Iger did not have the ease he had when he came, his face was full of thoughts, after all, this is related to future career development.
Walt Disney is huge, but internal disputes are fierce. In the next one to two years, Roy Disney and Michael Eisner will inevitably erupt fierce internal fighting, and he, the person promoted by Michael Eisner, even if he can Avoid getting involved in this vortex, and look forward to staying in the island branch.
Staying in Disney can only be one of the heads of a certain department or branch.
The scale of Relativity Entertainment is much smaller than that of Disney, but it has developed rapidly and already has a basic production and distribution industry chain. If he agrees, he will serve as the CEO.
This is the coveted position of corporate manager.
Walt Disney and Relativity Entertainment have their own advantages and disadvantages. How to choose? Robert Iger discovered that Ronan Anderson presented him with a huge problem.
Although there were various complaints in his heart, without Ronan Anderson's invitation, he knew that he would continue to stick to Disney.
The temptation of this position of CEO is really great.
Robert Iger returned to the company, sat in the office and had no intention of dealing with work. He was thinking about it and weighing the pros and cons.
This is not an easy decision.
Robert Iger suddenly thought that Jeff Katzenberg seemed to have a good relationship with Ronan Anderson. The Embassy Pictures under Relativity Entertainment also released "Shrek" by DreamWorks Animation Studio. Maybe you can find Jerry. F. Katzenberg asked about the specific situation of Relativity Entertainment.
Even Robert Iger didn't realize that he was actually biased.
Ronan returned to the Peninsula Hotel where he was staying and met the team that had concluded the day's negotiations. As the person in charge, Scott reported to him the latest progress of the negotiations.
The financing negotiations with the long-term credit banks of the island countries have reached the final stage, with only a few details remaining.
This is undoubtedly good news.
In the evening, the person in charge of the Korean branch of Embassy Pictures called, once again telling the urgency of several large entertainment companies in Seoul to invest in Hollywood.
It’s a pity that these Korean companies don’t have huge financial funds like long-term credit banks, and their strength is not that strong. The funds that can be invested in the foundation are limited, otherwise they can draw hundreds of millions of dollars in investment from them. Here continue to wrestle with the islanders.
But tens of millions of dollars of funds are also meat, and it is also a boost to the development of Relativity Entertainment.
The next day, the negotiations between the Pacific Film Foundation and the Long-Term Credit Bank continued. Ronan received a call from Jeff Katzenberg. Robert Iger had just contacted Jeff Katzenberg. .
Although Robert Iger didn't say any tendentious words to Jeff Katzenberg, he began to inquire about the situation of Relativity Entertainment from the side, indicating that he has moved closer to the position of CEO.
Ronan is very aware of his own strengths and weaknesses. As the scale of Relativity Entertainment continues to expand, the company needs a professional manager with sufficient management capabilities. Robert Iger is the most suitable candidate for him.
In his previous life, Robert Iger put an end to Disney's internal chaos, led Disney to rise again, and created a dominance of the Di Baby family.
Perhaps Robert Eggby will not be a few years from now, but Relativity Entertainment is not a giant like Walt Disney.
Moreover, Ronan will personally control the company's development direction and strategic decisions.
The CEO of Future Relativity will not only be responsible for the company's internal and external business, but also be able to make a difference in expansion.
In the past, Di Baobao, the most important acquisitions, in addition to Michael Eisner promoted by ABC TV, other acquisitions such as Pixar Studios, Marvel Comics, Lucas Pictures and Twentieth Century Fox The cases were all completed under the single-handed leadership of Robert Iger.
In particular, as the key to the re-emergence of Disney Animation Studios, Pixar Studios, and Lucas Pictures, which has the world's largest special effects company and the largest movie IP, Robert Iger has played an extremely important role in the transaction.
Whether it was the stubborn and terrible Steve Jobs who was completely offended by Michael Eisner during his tenure, or the richest man in the film industry George Lucas, Robert Iger personally came to convince him.
Relativity Entertainment will definitely merge some companies in the future. If Robert Iger joins, I believe it will play a lot of role.
Three days later, Ronan and Robert Iger met again, and the topic of the two sides quickly advanced to position power and company development planning.
Although Robert Iger is still saying that it takes time to consider, his attitude has completely fallen to the CEO of Relativity Entertainment.
Most people choose the head of a certain department of the six major Hollywood companies and the top executives of medium-sized companies.
The negotiation with Robert Iger was relatively smooth. On the other hand, the team led by Scott also concluded the financing negotiations with the island country’s long-term credit bank, and the two sides finally reached a financing agreement that was nearly 100 pages long.
The most critical part of this agreement is undoubtedly the financing amount and method of the Pacific Film Foundation, as well as the investment and income of long-term credit banks.
In the form of interest-bearing bonds, the Pacific Film Fund launched a total of three financings to the Pacific Film Foundation, the first financing of 200 million US dollars, the two parties formally signed the contract within one month, the long-term credit bank will inject twice within four months foundation.
The first phase of financing will last for three years, starting from the funds arriving in the foundation's account. After the three-year period, the Pacific Foundation needs to repay the principal of the island country's long-term credit bank bonds and 12% interest.
This investment interest rate is also the result of multilateral negotiations between the two parties. Both Ronan and the long-term credit bank are basically satisfied.
After the first phase of financing is fully received, the Pacific Film Fund can initiate a second phase of financing from the long-term credit bank according to actual needs. The second phase of financing can reach up to 500 million US dollars, and the minimum is not less than the first phase of 200 million US dollars. .
The actual amount will be adjusted according to the long-term credit bank's own capital status.
After the second period, the two sides will cooperate for the third period.
The agreement clearly stipulates that all the financing initiated by the Pacific Fund from the Long-term Credit Bank can only invest in the film projects of Shahai Entertainment, but the specific film to invest in, and the specific work of investment and production and distribution of movies, the Long-term Credit Bank has no right to interfere .
The long-term credit banks of the island countries also have no idea of intervening. What they value is the return on investment.
This is the main clause of investment and income. As for the details, there are too many clauses. There are hundreds of clauses in total, and the drafted formal contract is nearly 100 pages long.
For example, if there is a dispute between the two parties, Los Angeles will be used as the place of contract execution.
Islanders have invested in the United States for many years and are very familiar with the United States, and are not afraid of a transnational lawsuit against American companies.
In addition, if the Pacific Film Fund cannot complete the first tranche of financing on time, the long-term credit bank has the right to unilaterally interrupt subsequent investments.
The Pacific Film Foundation reached a financing agreement with the long-term credit bank of the island country, which resolved the most needed capital budget for the Relativity Entertainment film production plan and allowed Ronan to allocate more funds to invest in Netflix.
This can effectively promote Ronan's overall plan.
When the investment agreement was formally signed, Ronan was in a great mood, but he also maintained sufficient vigilance without swelling.
After all, he cannot ignore the risks of film investment.
For a commercial film, the investment in production before the revenue stream is huge; the film production process and the delivery of the finished film are also uncertain; there are purchase and market risks in the distribution; the final market performance is still at risk.
In addition, considering the creative work required in the film planning, production and distribution stages, as well as the division of labor and cooperation among many film workers, it is extremely difficult and complicated, and film still has great routine risks.
And the most critical point is that the movie market is sometimes really hard to understand.
Even in Hollywood, only a handful of film projects can progress from planning to actual preparation and production. Not all films can achieve the ideal distribution scale, and there are very few of them that can make money.
To achieve this financing, Shahai Entertainment has played a considerable role in the huge reputation it has accumulated through continuous successful movies.
Before 1998, financing of this scale was simply unimaginable for Shahai Entertainment.
It has to be said that, just like the previous Shahai Entertainment, most companies in the Hollywood industry are small and unstable, with poor creditworthiness, resulting in extremely low financing capabilities.
This is a common problem in the industry.
The film industry lacks sufficient entry points and career channels. Most of the influx of unconventional companies may be full of confidence and talent, but they are very unreliable in the actual operation of film projects.
The status quo in Hollywood, UU reading www. The more unconventional and talented uukanshu.com is, the faster it tends to die.
"Mr. Anderson, happy cooperation!"
In the business reception room of the long-term credit bank of the island country, Songyuan Taku also signed the contract and voluntarily stood up and shook hands with Ronan: "I believe this is the successful beginning of our long-term cooperation!"
Ronan also signed the contract, stood up and shook hands with Matsubara Takuya, and said, "I am very pleased to be able to reach a strategic cooperation with the Long-term Credit Bank."
The two laughed at the same time, as if both were very satisfied with this cooperation.
Matsubara also shook hands with Ronan's team members one by one, and Ronan courteously shook hands with the executives of the Long-term Credit Bank who participated in the signing ceremony.
"Mr. Anderson, we are preparing a reception tonight." Matsubara Taku also said to Ronan: "In addition to our personnel, many people in the local entertainment industry also hope to meet Hollywood guests."
. m.
Walt Disney is huge, but internal disputes are fierce. In the next one to two years, Roy Disney and Michael Eisner will inevitably erupt fierce internal fighting, and he, the person promoted by Michael Eisner, even if he can Avoid getting involved in this vortex, and look forward to staying in the island branch.
Staying in Disney can only be one of the heads of a certain department or branch.
The scale of Relativity Entertainment is much smaller than that of Disney, but it has developed rapidly and already has a basic production and distribution industry chain. If he agrees, he will serve as the CEO.
This is the coveted position of corporate manager.
Walt Disney and Relativity Entertainment have their own advantages and disadvantages. How to choose? Robert Iger discovered that Ronan Anderson presented him with a huge problem.
Although there were various complaints in his heart, without Ronan Anderson's invitation, he knew that he would continue to stick to Disney.
The temptation of this position of CEO is really great.
Robert Iger returned to the company, sat in the office and had no intention of dealing with work. He was thinking about it and weighing the pros and cons.
This is not an easy decision.
Robert Iger suddenly thought that Jeff Katzenberg seemed to have a good relationship with Ronan Anderson. The Embassy Pictures under Relativity Entertainment also released "Shrek" by DreamWorks Animation Studio. Maybe you can find Jerry. F. Katzenberg asked about the specific situation of Relativity Entertainment.
Even Robert Iger didn't realize that he was actually biased.
Ronan returned to the Peninsula Hotel where he was staying and met the team that had concluded the day's negotiations. As the person in charge, Scott reported to him the latest progress of the negotiations.
The financing negotiations with the long-term credit banks of the island countries have reached the final stage, with only a few details remaining.
This is undoubtedly good news.
In the evening, the person in charge of the Korean branch of Embassy Pictures called, once again telling the urgency of several large entertainment companies in Seoul to invest in Hollywood.
It’s a pity that these Korean companies don’t have huge financial funds like long-term credit banks, and their strength is not that strong. The funds that can be invested in the foundation are limited, otherwise they can draw hundreds of millions of dollars in investment from them. Here continue to wrestle with the islanders.
But tens of millions of dollars of funds are also meat, and it is also a boost to the development of Relativity Entertainment.
The next day, the negotiations between the Pacific Film Foundation and the Long-Term Credit Bank continued. Ronan received a call from Jeff Katzenberg. Robert Iger had just contacted Jeff Katzenberg. .
Although Robert Iger didn't say any tendentious words to Jeff Katzenberg, he began to inquire about the situation of Relativity Entertainment from the side, indicating that he has moved closer to the position of CEO.
Ronan is very aware of his own strengths and weaknesses. As the scale of Relativity Entertainment continues to expand, the company needs a professional manager with sufficient management capabilities. Robert Iger is the most suitable candidate for him.
In his previous life, Robert Iger put an end to Disney's internal chaos, led Disney to rise again, and created a dominance of the Di Baby family.
Perhaps Robert Eggby will not be a few years from now, but Relativity Entertainment is not a giant like Walt Disney.
Moreover, Ronan will personally control the company's development direction and strategic decisions.
The CEO of Future Relativity will not only be responsible for the company's internal and external business, but also be able to make a difference in expansion.
In the past, Di Baobao, the most important acquisitions, in addition to Michael Eisner promoted by ABC TV, other acquisitions such as Pixar Studios, Marvel Comics, Lucas Pictures and Twentieth Century Fox The cases were all completed under the single-handed leadership of Robert Iger.
In particular, as the key to the re-emergence of Disney Animation Studios, Pixar Studios, and Lucas Pictures, which has the world's largest special effects company and the largest movie IP, Robert Iger has played an extremely important role in the transaction.
Whether it was the stubborn and terrible Steve Jobs who was completely offended by Michael Eisner during his tenure, or the richest man in the film industry George Lucas, Robert Iger personally came to convince him.
Relativity Entertainment will definitely merge some companies in the future. If Robert Iger joins, I believe it will play a lot of role.
Three days later, Ronan and Robert Iger met again, and the topic of the two sides quickly advanced to position power and company development planning.
Although Robert Iger is still saying that it takes time to consider, his attitude has completely fallen to the CEO of Relativity Entertainment.
Most people choose the head of a certain department of the six major Hollywood companies and the top executives of medium-sized companies.
The negotiation with Robert Iger was relatively smooth. On the other hand, the team led by Scott also concluded the financing negotiations with the island country’s long-term credit bank, and the two sides finally reached a financing agreement that was nearly 100 pages long.
The most critical part of this agreement is undoubtedly the financing amount and method of the Pacific Film Foundation, as well as the investment and income of long-term credit banks.
In the form of interest-bearing bonds, the Pacific Film Fund launched a total of three financings to the Pacific Film Foundation, the first financing of 200 million US dollars, the two parties formally signed the contract within one month, the long-term credit bank will inject twice within four months foundation.
The first phase of financing will last for three years, starting from the funds arriving in the foundation's account. After the three-year period, the Pacific Foundation needs to repay the principal of the island country's long-term credit bank bonds and 12% interest.
This investment interest rate is also the result of multilateral negotiations between the two parties. Both Ronan and the long-term credit bank are basically satisfied.
After the first phase of financing is fully received, the Pacific Film Fund can initiate a second phase of financing from the long-term credit bank according to actual needs. The second phase of financing can reach up to 500 million US dollars, and the minimum is not less than the first phase of 200 million US dollars. .
The actual amount will be adjusted according to the long-term credit bank's own capital status.
After the second period, the two sides will cooperate for the third period.
The agreement clearly stipulates that all the financing initiated by the Pacific Fund from the Long-term Credit Bank can only invest in the film projects of Shahai Entertainment, but the specific film to invest in, and the specific work of investment and production and distribution of movies, the Long-term Credit Bank has no right to interfere .
The long-term credit banks of the island countries also have no idea of intervening. What they value is the return on investment.
This is the main clause of investment and income. As for the details, there are too many clauses. There are hundreds of clauses in total, and the drafted formal contract is nearly 100 pages long.
For example, if there is a dispute between the two parties, Los Angeles will be used as the place of contract execution.
Islanders have invested in the United States for many years and are very familiar with the United States, and are not afraid of a transnational lawsuit against American companies.
In addition, if the Pacific Film Fund cannot complete the first tranche of financing on time, the long-term credit bank has the right to unilaterally interrupt subsequent investments.
The Pacific Film Foundation reached a financing agreement with the long-term credit bank of the island country, which resolved the most needed capital budget for the Relativity Entertainment film production plan and allowed Ronan to allocate more funds to invest in Netflix.
This can effectively promote Ronan's overall plan.
When the investment agreement was formally signed, Ronan was in a great mood, but he also maintained sufficient vigilance without swelling.
After all, he cannot ignore the risks of film investment.
For a commercial film, the investment in production before the revenue stream is huge; the film production process and the delivery of the finished film are also uncertain; there are purchase and market risks in the distribution; the final market performance is still at risk.
In addition, considering the creative work required in the film planning, production and distribution stages, as well as the division of labor and cooperation among many film workers, it is extremely difficult and complicated, and film still has great routine risks.
And the most critical point is that the movie market is sometimes really hard to understand.
Even in Hollywood, only a handful of film projects can progress from planning to actual preparation and production. Not all films can achieve the ideal distribution scale, and there are very few of them that can make money.
To achieve this financing, Shahai Entertainment has played a considerable role in the huge reputation it has accumulated through continuous successful movies.
Before 1998, financing of this scale was simply unimaginable for Shahai Entertainment.
It has to be said that, just like the previous Shahai Entertainment, most companies in the Hollywood industry are small and unstable, with poor creditworthiness, resulting in extremely low financing capabilities.
This is a common problem in the industry.
The film industry lacks sufficient entry points and career channels. Most of the influx of unconventional companies may be full of confidence and talent, but they are very unreliable in the actual operation of film projects.
The status quo in Hollywood, UU reading www. The more unconventional and talented uukanshu.com is, the faster it tends to die.
"Mr. Anderson, happy cooperation!"
In the business reception room of the long-term credit bank of the island country, Songyuan Taku also signed the contract and voluntarily stood up and shook hands with Ronan: "I believe this is the successful beginning of our long-term cooperation!"
Ronan also signed the contract, stood up and shook hands with Matsubara Takuya, and said, "I am very pleased to be able to reach a strategic cooperation with the Long-term Credit Bank."
The two laughed at the same time, as if both were very satisfied with this cooperation.
Matsubara also shook hands with Ronan's team members one by one, and Ronan courteously shook hands with the executives of the Long-term Credit Bank who participated in the signing ceremony.
"Mr. Anderson, we are preparing a reception tonight." Matsubara Taku also said to Ronan: "In addition to our personnel, many people in the local entertainment industry also hope to meet Hollywood guests."
. m.
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