The Best Entertainment Era
Chapter four hundred and ninety sixth is still a matter of money
At the Four Seasons Hotel in Beverly Hills, Ronan met five distinguished guests from Cape Town, South Africa in a reception room, and Scott Swift, who accompanied them to Luoshan from South Africa, introduced them one by one.
This is Mr. Sigurdson, the president of Millard International Holdings Group, and this is Miss Charlotte, Mr. Sigurdson's senior assistant...
As the landlord, Ronan shook hands with these guests one by one and exchanged a few greetings.
Yesterday, Scott Swift took them to visit the Pacific Investment Foundation and Sandsea Entertainment, which have upgraded their business, and introduced them to the film projects invested by the Pacific Investment Foundation.
Before Ronan came to see them, he also did a detailed understanding. Millard International Holdings Group belongs to the South African newspaper industry and is mainly engaged in investment, media and Internet technology support. Among them, investment is the core business of Millard International Holdings Group. They have heavyweight investments in Africa, North America and Southeast Asia.
As an investment group company engaged in the media business, they are also very interested in investments related to Hollywood.
Scott Swift has negotiated with them no less than ten times, and most of the matters have actually been negotiated. As the president of Millard International Holdings Group, Sigurdson came to Los Angeles in person. The boss met, on the other hand, he also wanted to ask Ronan for a better return.
Therefore, after the simple greetings between the two sides, they quickly entered the topic.
Sigurdson, like most of South Africa's elites, is a standard white man who speaks English very fluently: Mr. Anderson, the Millard Group currently holds a large amount of funds and has been screening suitable investment channels. We have seen the foundation’s cooperation with Germany, island countries, India and South Korea, and your company is indeed a very powerful and reputable investment institution.”
This is also the reason why he chose the Pacific Investment Fund. Credibility is very important.
Ronan smiled and said, It's an honor for me and the Foundation.
The other party said politely, and he also responded politely.
After the good words, the real thing to say, Sigurdsson said with a smile: Your return on investment is a bit low.
Ronan said: Looking at all the formal foundations in the United States, the fixed investment return rate of 4% per year is already the highest.
That's not right. Sigurdson seemed to know nothing: Many investment institutions on Wall Street have an annual fixed investment rate of return of seven to eight percent.
There is a fund company whose annual fixed investment return is as high as 10%!
Ronan laughed and did not explain the difference. Instead, he said: Millard International Holdings Group is an old-fashioned investment company. It has invested in the world for many years. It must be very familiar with the investment industry. Mr. Sigurdson, do you think that the year is fixed? Is an ROI of 78 percent or even 10 percent normal?
Sigurdsson glanced at Ronan's young face, and began to put away the contempt in his heart.
Ronan added: Those investment institutions with such a high annual fixed rate of return, do you dare to take huge risks to invest?
Sigurdsson smiled: Mr. Anderson was joking. He changed the subject: I read your investment case yesterday, and it is indeed very successful.
Ronan didn't mention what happened just now: We will be responsible for every dollar invested by our customers.
Based on investments from Germany, island countries, India and South Korea, the negotiations between the Pacific Investment Foundation and Millard International Holdings Group went very smoothly. After an interview between Ronan and Sigurdsson, the two sides quickly entered the stage of actual negotiations.
The financing from Pacific Investment Fund to Millard International Group is based on each natural year, and the rate of return on investment is fixed at 4% per year. Millard International Group will contribute to the Pacific Film Fund every year in the next five years. An investment of no less than US$200 million will be provided.
Another point is that this part of the funds can be used to invest in any legal industry, not a special film fund investment.
When Relativity Entertainment urgently needed funds in other areas, it also had external financial support.
Millard International Group has established that the first phase of investment is 200 million US dollars, which is a lot of money, but it can't solve the problem that Ronan thinks about Universal Pictures.
It has never been easy to attract investment, and tens of billions of dollars of funds are really difficult to solve.
Of course, as long as there is a chance, Ronan will fight for it, so he took the time to come to the Los Angeles branch of Bank of America and met Judith, an old acquaintance.
A former business manager, is now the director of all credit operations in Los Angeles.
Judith and Ronan are also old acquaintances, and asked with a smile: Need financial support?
Relativity Entertainment and Ronan personally repay their loans in a timely manner and have never defaulted. They have always been high-quality customers of Bank of America.
Ronan smiled and said, Yes, I may need a large loan.
A large amount? Judith didn't take it too seriously, and asked based on the actual situation of Theory of Relativity Entertainment, Isn't it going to cost hundreds of millions of dollars?
Ronan put away his smile and said seriously: It may cost billions of dollars.
Judith was taken aback, looked at Ronan, and asked, Aren't you joking? She looked at Ronan for a while, confirmed that Ronan was not joking, and asked slowly, Are you going to do this? What? You actually want to borrow so much money?
Ronan said, Business secrets.
Judith adjusted his mood and tone, and said: I can't help you, I have no authority. To be precise, it is impossible for any bank to lend you so much money. If you want to loan 100 million US dollars, you With a good reputation in the past, you don’t even need a mortgage, but...
She smiled wryly and said, Ronan, we are old friends, and I won't say unnecessary things to you. Even if you use Relativity Entertainment as collateral, it is impossible for you to loan billions of dollars. No bank will lend you. The fundraising and risk control involved in this...
There is no need to say more about the latter, Ronan can understand that after all, it is impossible for Relativity Entertainment to borrow funds that exceed the estimated value of the outside world.
Ronan simply asked: Judith, if I need money within this year, how much can you lend at most for Relativity Entertainment?
Judith thought about it for a while, and said: I can apply for about 500 million US dollars, but such a large loan requires time to go through the process of approval, and the corresponding assets or company shares must be used as collateral.
Ronan nodded: I understand.
After leaving Bank of America, Ronan went to other banks to try again, and the answer he got was not as good as Judith's.
Afterwards, he specifically contacted Wall Street. Large Wall Street investment institutions were not very interested in this kind of acquisition, which was similar to an empty-handed white wolf. However, the strength of the few interested small companies was too weak.
The next day, Robert Lee came to Ronan's office again.
Universal Pictures is very tight-lipped, and we haven't been able to hear specific information. Robert Lee sat on the chair opposite Ronan's desk and said directly: I specially sent people to the headquarters of the French Vivendi Group to collect information. After many rounds, it can finally be confirmed that the Vivendi Group really wants to sell the Universal Pictures Group for cash in order to pay off several imminent debts, and they have already made preliminary contact with a company in the United States, I believe it will not take too long The time will be revealed.
Ronan nodded and asked, Which company?
Robert Lee replied: NBC.
NBC? Ronan was really not surprised at all: They have been interested in Universal Pictures for a long time.
According to the relevant information collected by Connie, when Panasonic Group sold Universal Pictures to Seagram Group, NBC had participated in the acquisition, but it was out because the bid was too low.
Later, the Seagram Group encountered a crisis. NBC TV proposed to acquire Universal Pictures, but the bid of 6 billion US dollars was directly rejected by Seagram, and then Vivendi directly acquired all of the Seagram Group for 34 billion US dollars. business.
NBC failed to acquire Universal Pictures twice, and for no other reason, the bid was too low.
Obviously, NBC has always wanted to spend the lowest price to win Universal Pictures.
Unexpectedly, Universal Pictures went around and once again contacted NBC.
Robert Lee said at this time: We have no way of knowing what step the two parties have reached, but Vivendi seems to be dissatisfied with NBC's bid. Film Entertainment Group, in order to sell at a higher price.
Ronan thought for a while and asked, What do you think Vivendi's psychological base price is?
It's hard to guess. Robert Lee thought about it and said, There is a situation that can be used as a reference. The loan that Vivendi urgently needs to deal with is probably more than 11 billion U.S. dollars.
Ronan nodded slightly: I see.
If this is the psychological base price of the Vivendi Group, it is $1 billion less than Robert Iger expected.
But is Relativity Entertainment a company short of that $1 billion?
Therefore, more than one billion or less than one billion has no meaning for theoretical entertainment.
Thinking of this, Ronan was somewhat depressed, an opportunity was in front of him, even if he went bankrupt, or even borrowed all his strength, he could say that he was helpless.
This feeling is very bad.
Ronan quickly got rid of this emotion, thinking of the possible opportunities contained in it, and said, Robert, after Vivendi makes the news public, you can contact them for me and express an intention that Relativity Entertainment wants to raise funds to participate in the acquisition.
Robert Lee asked: We really want to participate in the acquisition?
On the one hand, it is to practice and accumulate experience. Ronan tried not to let his frustration affect him: On the other hand, see if we can take advantage of this period that will inevitably cause turmoil in Universal Pictures, and get some benefits from it, such as green Giant's film and television adaptation copyright.
I see, Robert Lee said.
Later, Ronan called Robert Iger over again, and the three discussed for a long time.
Unexpectedly, only five days later, the Vivendi Group announced through multiple media at the same time that it intends to transfer its Universal Entertainment Group.
. m.
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