The Best Entertainment Era

Chapter 75 The Theory of Relativity

I know you have concerns. Ronan smiled and said: Parker, Neil, and Wilson, the three major shareholders of your company are very willing to sell their shares, and they have already negotiated with my representative for several rounds. The deal will be done soon, or I won't be meeting you.

Garcia also smiled, but did not answer Ronan's words.

Ronan said unhurriedly: Don't worry, you will not become a department of Sand Sea Entertainment, nor will you become a department manager from the person in charge of the company.

Garcia's eyebrows went up, this was his real concern.

Ronan continued: Embassy Pictures is still Embassy Pictures and will not be merged into Sandsea Entertainment. Like Sandsea Entertainment, it will become a subsidiary of my newly established company.

Hearing this, most of the psychological gap in Garcia's imagination disappeared at once.

After the acquisition is completed, the salaries of all employees will increase to varying degrees, and the salary of the management will increase by 10%. Ronan saw the change in Garcia's expression, I will try to keep all employees as much as possible, and they have experience in film distribution. Our employees are valuable assets.”

After a little deliberation, he added: What I want is a company with complete personnel and channels, not a fragmented company.

Garcia finally couldn't bear it anymore and asked, Where's the management?

It won't change within half a year. Ronan wasn't playing tricks, after all, he was dealing with adults engaged in business: As long as they prove their abilities, positions and salaries are not a problem.

Garcia breathed a sigh of relief, this condition can be said to be quite good.

Ronan took the initiative to end the meeting and said, Mr. Garcia, think about it carefully.

In the next few days, the work of purchasing the Embassy Pictures suddenly accelerated. Robert was in charge of contacting the three major shareholders, and George kept in touch with the management of the Embassy Pictures.

Ronan went to Delaware, and with the assistance of a professional team, a new company, Relativity Entertainment, was registered in Delaware.

If all goes well, the company will become the holding company for Sandsea Entertainment and Embassy Pictures.

Back in Los Angeles, the negotiations between Robert and George continued. Ronan signed an agency agreement with Sheng Zhi Law Firm, and the most outstanding law firm in the industry would assist in handling the acquisition of Embassy Pictures.

For transactions involving tens of millions of dollars, a professional team must provide legal and other services.

Soon, there was mixed news from Robert. The three major shareholders of Embassy Pictures, which accounted for 90% of the shares, expressed their willingness to sell their shares, but the asking price was as high as 35 million US dollars.

The other party's reason is very good. The embassy film industry not only has a complete distribution system, but also has the copyright of more than 40 films in its film library.

However, these films are small independent productions from overseas, and the highest cost for a single film purchased by Embassy Pictures from overseas is not even 200,000 US dollars.

Ronan proposes a plan to divest Embassy Pictures' film library from the acquisition...

Frankly speaking, it will only stretch his liquidity when the funds are not abundant enough.

The two sides started a brief tug-of-war negotiation, and when the price fell to 30 million US dollars, the three shareholders bit them to death and did not let go.

Ronan is very clear that some factors other than positive negotiations can also affect the outcome of the negotiation.

Especially since 1999, Nasdaq seemed to be crazy, and Internet stocks rose again and again.

Scott has been in touch with Wilson all the time, visited many times, and even invited Wilson to the Los Angeles branch of Merrill Lynch.

He specially chose a day when the stock market was soaring. After get off work, Scott made a special trip to visit Wilson.

I can only say that everyone who entered the market has made too much money. Scott sat on the sofa and said to Wilson: Yahoo's single stock price has risen by $35 today...

Hearing a one-day rise of $35,

Wilson seemed to see countless dollars flying away from his eyes, so that he couldn't even hear the data of other stocks that Scott said later.

Scott is very clear that at first this was Ronan Anderson's private work, but now he sees the possibility of getting more benefits.

Develop Wilson into his big client!

How much commission can a customer like this provide him?

So, Scott's personal work is very hard.

When Wilson came back to his senses, Scott said again: I don't quite understand, Mr. Wilson, through these days of communication, I found that you have a very keen investment vision, and you have a good understanding of market observation and analysis. Accurate, and even noticed that several stocks will rise sharply, but are you just going to be a bystander?

It never occurred to Wilson to be a bystander.

Scott glanced at him quietly, and continued: Last year, one of my major clients invested tens of millions of dollars, and now his net worth has almost doubled. This is a feast, a veritable feast of wealth.

There is a ray of emotion called regret, flowing in Wilson's heart.

Scott said again: Mr. Wilson, a rich and wise investor like you will lose astronomical profits if he enters the market one day late.

Wilson rubbed his chin and thought about it seriously. He didn't doubt Scott at all, because a rich man like him who intends to invest in the stock market has always attracted those investment managers.

The time hasn't come yet. Wilson tried to calm himself down, as if everything was under control: When the time comes, I will naturally enter.

Scott smiled, enough was enough, he stopped talking about this topic, and instead talked about the recent changes in the stock market.

In the next few days, Ronan joined the negotiation with the embassy film industry. The originally difficult negotiation went smoothly, and the embassy film industry also agreed to divest the film library before selling it.

The dozens of small-budget films from overseas are not lacking in new buyers, and there are still companies willing to buy them to enrich their own film library.

If Ronan had sufficient funds, he would also buy it.

But he wants to maintain the healthy operation of the capital chain.

Just after Shahai Entertainment held a press conference for the establishment of Reaper, Ronan reached an agreement with the three major shareholders and management of Embassy Pictures in negotiations.

The relativity company under his name acquired the shares of Embassy Pictures held by the three major shareholders and management at a price of 25 million US dollars and a one-time payment.

Embassy Pictures also became a subsidiary of Relativity.

According to the agreement between Ronan and Garcia, the interior of the embassy film industry is relatively stable, and the employees are actually happy to see the company being acquired by a richer boss.

Most people still prefer a better way of making money.

Later, with the assistance of a team of lawyers, Ronan also transferred Shahai Entertainment to Relativity.

Of course, Sandsea Entertainment and Embassy Pictures are two completely independent companies.

Ronan had an in-depth conversation with Robert, who transferred from Sandsea Entertainment to Embassy Pictures as the vice president.

If you want the horse to run, you must feed the horse. Ronan once again increased the treatment of the three elders and made a promise of options.

Shahai Entertainment is very stable. After the shareholding change of Embassy Pictures, there must be an adjustment period.

However, compared with establishing a new distribution system, Embassy Pictures can play its role more quickly and effectively.

After winning the embassy film industry, which has complete distribution channels such as theaters, video tapes and DVDs, Ronan has initially gained some market control.

Then, while slowly adjusting and controlling the embassy film industry, Ronan also really joined the crew of Death is Coming and led the preparation of this film.

Due to the previous successful cooperation, a considerable part of the behind-the-scenes team of the crew is the old man of Human Purge Project, but some stunt positions also need to be recruited again.

In terms of actors, the public budget of 15 million US dollars has attracted the attention of many agents.

And this time is obviously different from Human Purge Project. It is not difficult for people with professional eyes to analyze the trend of Reaper and a result is that this is a horror film with a lot of investment!

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