Chapter 226 Start the acquisition of Miramax(2/3)
Their ability in Hollywood is really enviable, for example, the videos they made this time gained a lot at the Oscars.”
David Ellison said something well, if only the Weinstein brothers were in charge of the business, it was really great, their connections were indeed unlimited resources.
"Okay, leave this to me. I'll go find out what they think. If they want, I think it's really good."
"Okay, I'll give you a suggestion. Now face-boo and tempting tube are very eye-catching. If you can provide some of their shares, even if it's just 2% of the original shares, it's very tempting. This may be a good condition to make them excited."
After hanging up the phone, Chen Tian seriously thought about David Ellison's words. The 2% original stock is now worth only one million US dollars, and the 2% will continue to increase in the future.
Unless there is financing to dilute the shares, the value of the last 2% of the shares is not something that can be handled by 100 million or 200 million now.
"Manny, I have officially decided that no matter whether Miramax can successfully acquire it, I plan to open a company by myself. From now on, you will be the president's wife!" Chen Tian said with a smile.
"Then you are the Mr. President. Didn't you just talk to Harvey Weinstein?"
Chen Tian smiled and said, "Thank you for your reminder."
"This is absolutely impossible. How many years have we worked with Michael?" Harvey Weinstein shouted at Michael Esner, "12 years, 12 years, you should know how much we have brought to Disney."
Do you think it's possible to get us away for $100 million? Unless there's a problem with our heads."
Bob Weinstein sat aside without saying anything.
During this period, the conflict between Miramax and Disney has completely erupted, and it is no longer a secret in the eyes of the public.
Michael Esner, now chairman of Disney, has the title of tyrant.
“Michael, you should know, since Miramax joined Disney.
We have made great contributions to Disney, and you should know the importance of Miramax to Disney.
Quentin's "Pulp Novels" in 1994, "The Patient in the UK" in 1996, "The Catcher of the Mind", "Shape's Love History" and "Beautiful Life" in 1998, "The Gangster of New York", "The Moment" and "Chicago", and this year's "Cold Mountain", these videos are all from our brother's Miramax.
I think you should be very clear about their honor at the Oscars, that is, we Miramax have almost become professional Oscar winners.
From Miramax's joining Disney to now, he has won a total of 240 Oscar nominations and won 60 Little Golden Man.
So do you think it's possible that a company like this is throwing all $100 million at Disney?
As long as we brothers are willing, I believe there must be many companies willing to acquire them.
Don’t forget the contract we signed at the beginning, we can forcefully take back the shares.”
Michael Esner didn't speak, but smiled coldly.
Over the years, he has always disliked Miramax from his CEO to his current chairman.
To be more precise, I don’t like the Weinstein brothers rather than the Miramax Company. Miramax did bring a lot of surprises to the parent company Disney.
But he often disobeys Disney's opinions and refuses to obey arrangements.
Under the instruction of the Weinstein brothers, some images that have always been introduced that have been healthy and uplifting, suitable for all ages and young people.
In 1994, Miramax introduced and released the British religious-themed homosexual film "The Priest", and in 1999, director Kevin Smith's religious-themed film "Breaking the Heavenly Terms".
The extremely bloody and violent "Kill Bill" series invested last year. These religious, homosexual, bloody and violent films are easily loved by movie fans, but they are also easy to cause trouble.
This is something Disney doesn't want to see. But the Weinstein brothers did this against Disney's will.
The Weinstein brothers have always wanted to grow Miramax and shoot more big-production videos. Michael Esner, the former CEO of Disney, has always believed that Miramax should not be too big as a subsidiary.
Last year's investment in "Cold Mountain" reached $80 million, which made him very dissatisfied. This time the conflict was completely out of control because the Weinstein brothers decided to cooperate with the Lions Gate to release it, which he absolutely did not allow.
But in the eyes of the Weinstein brothers, Michael Esner is a fool without strategic vision.
They once suggested acquiring independent film company "Craftsman Film Company" and investing in cable channels Bravo and Ifc, but they were all rejected by Disney.
What made the Weinstein brothers most depressed was that Disney rejected Miramax's plan to operate Peter Jackson's Lord of the Rings.
Now the "Lord of the Rings" trilogy of Xinyi Company has become a super winner. How can they swallow this depression? Coupled with the contradictions in "Fatus 911", they made the final decision to leave.
"I think we can't negotiate today. $120 million is the bottom line, I still have something to do, so please." Michael Esner said with a sneer.
The implication was self-evident, Harvey Weinstein laughed: "You won't be able to leave us, either.
If it weren't for you, the victory fruit of Lord of the Rings would not be the new line, and it would not be the Warner Bros.
Bob…”
Harvey Weinstein was calling his brother to leave when his cell phone rang.
Disney shareholders were not very informed about the Lord of the Rings, and their brothers retained the original approval Michael Esner refused their proposed approval.
If shareholders knew that a big gold mine like the Lord of the Rings series was thrown to their opponents because of Michael Esner's arbitrary actions, then the result can be imagined.
After they left, they would publish all the evidence from that time.
"Justin!" Harvey Weinstein was very interested in Chen Tian's purpose of calling him. "Bob, I have intuition to have a noble person coming to the door. Let's go!"
Harvey Weinstein directly ignored Michael Esner and Bob Weinstein walked out of the office.
"Justin, I have an intuition, a good intuition, don't tell me that my intuition is wrong." Harvey Weinstein said with a smile.
Chen Tian laughed: "Have, my old friend, I don't know if it's a good intuition for you. I want to start a company by myself."
Harvey Weinstein's mood suddenly became much smoother: "You finally agreed with my idea? This is really great news. The bad mood of arguing with Michael Esner was driven away by all the good news from you."
"Harvey, I might mean something different from what you think."
Harvey Weinstein asked in confusion: "Different? Isn't it done with us?"
"Harvey, I want to acquire Miramax from Disney, do you agree?"
"What?" Harvey Weinstein couldn't help but grow louder. Disney employees looked over. Harvey Weinstein didn't care. "Justin, is there no problem with my ears? You're going to acquire Miramax."
"Yes, I want to acquire Miramax, to be precise, David Ellison and me." Chen Tian replied seriously.
"Justin, you mean you want to get our consent to acquire and then give us a fee to let our brothers leave, right?" Harvey Weinstein's tone suddenly sank.
Miramax is the hard work of their brothers, and the name Miramax is the abbreviation of their parents' names Miriam and Max.
Chen Tian also knew that Harvey Weinstein misunderstood what he meant: "No, no, it's not to kick you away, but to work together.
Now I know you are leaving Miramax, but you don't actually want to leave, right?
It's just that the situation forces you to leave.
Now David and I think that if we can, we will acquire it, and then the company will be managed by you, which is actually equivalent to a replacement for a boss.”
Harvey Weinstein breathed a sigh of relief: "Justin, honestly, this requires a specific interview. At least I think you are more capable than the Disney idiots.
You're still in New York, right? We'll be here tomorrow morning. If you can, you'll let David Ellison go there too.
If you have enough reasons, I don't think I will stop you from negotiating with Disney. In addition, I can say that we had an agreement with Disney and we could buy back Miramax when we had enough funds.
so……"
"So now it depends on our sincerity, right?" Chen Tian asked with a smile.
"Yes."
Harvey Weinstein instantly gave a possible agreement because Chen Tian was just a director, and David Ellison was not very happy to control the company.
The company is like a boss who will not interfere too much, so he will give an opportunity to interview, and he hopes from the bottom of his heart that Chen Tian and David Ellison can successfully acquire it.
"No problem. I'll call him immediately and I'll talk about it tomorrow."
Chen Tian hung up the phone, and it turned out that he had never considered owning his own film company at all, but just hoped to slowly gain a foothold in the directorial industry.
However, everything has changed since May last year, and it has gradually exceeded expectations little by little.
Now that he had the idea of acquiring the company, Chen Tian began to really do a good job.
Miramax is a mature film company, which is much better than reorganizing everything by itself. It also has distribution channels, film source libraries and many excellent cooperation plans and resources in countries around the world.
If it can really be done, it is indeed perfect.
"Did they agree?" Scarlett said with concern.
"Not yet, but it should be very likely. What I need to consider now is money! Money! Money!" Chen Tian had a headache.
Scarlett rubbed Chen Tian’s head with his hands: “I can take out almost 20 million, I know it’s not enough. But I only have that much.”
"Don't worry, that guy David must have a solution. Many people are optimistic about face ok and temptation tube. I plan to accept selling some of the shares, and I have almost some of them now.
There should be a way to make money in the end, don't worry!" Chen Tian kissed Scarlett and replied to David Ellison.
David Ellison immediately stated that he would take a private plane to New York tonight and ask Chen Tian to arrange a room for him.
Thinking of negotiating tomorrow, the filming of "The Queen of Prada" can only take a day off first.
Although Chen Tian could hand over the power to David Frankel during the filming of the crew, he was not sure if he was not by his side.
After all, I just came back from Paris, so it would be okay to have a day off. After all, Chen Tian is not in a hurry to release "The Queen of Prada".
At 10 o'clock in the evening, David Ellison and his sister Megan Ellison came to the hotel where Chen Tian stayed in New York.
David Ellison did not simply negotiate by himself, but instead found Luther, the head of the negotiation team from his father's Oracle.
While Chen Tian was communicating with Ellison and negotiating expert Luther, the Weinstein brothers flew to New York in a plane.
The next morning, the Chen Tian, Ellison and Luther officially started the talks with the Weinstein brothers in the conference room of the hotel.
Chen Tian and Ellison both sat aside and handed over the task to Luther.
To be continued...