In the large conference room of Relativity Entertainment, as Ronan and Ryan Kavanaugh, who represented Maple Leaf Pictures, applause rang out in nearly twenty people in the conference room.

The applause was like a tide and the atmosphere was warm.

In the conference room, in addition to the necessary professionals and notarizers, there are representatives from Wall Street.

After Relativity Entertainment, representatives of various investment institutions then signed equity transfer agreements with Maple Leaf Pictures one by one.

“Happy cooperation.”

“Happy cooperation!”

Ronan shook hands with Ryan Kavanaugh and David Ellison one after another.

David Ellison said excitedly: "I suggest having a drink for our cooperation!"

This has received a lot of responses.

Ronan whispered to Connie, who then sent someone champagne and wine glasses.

Everyone present was very satisfied with this transaction. Ryan Kavanaugh and David Ellison got the equity of the coveted Hollywood company and became the largest shareholder of Walt Disney.

This temporary alliance, including Ronan, successfully got rid of Disney's blame and received high returns.

"cheers!"

Ronan took the lead in holding a wine glass.

Then, there was a response: "Cheers!"

Everyone raised their glasses to drink together. The atmosphere in the conference room was harmonious and warm, and all the parties achieved their goal.

Others have left the market one after another, and Wall Street will quickly return to New York after completing the necessary procedures. After all, these companies, led by Goldman Sachs and Credit Suisse, have plans for Disney in the stock market.

Ronan and Relativity Entertainment have completed the transaction and will not participate in subsequent actions.

But Wall Street's plan requires relativity entertainment cooperation, and Robert Iger is also ready to talk to them again.

After another glass of wine, Ronan personally sent Ryan Kavanaugh and David Ellison out of the Relativity Building.

In the words of the other side of the Pacific Ocean, these two are simply gifted boys.

The Disney equity that Relativity Entertainment has previously earned, in addition to the small part of the recent sales of Disney's stock price, which has been sold on the stock market one after another due to the continued rise in Disney's stock price, the equity transaction with Maple Leaf reached 2.9%.

Maple Leaf Pictures finally acquired it at a premium of 11.5%, with a total transaction volume of up to US$1.2 billion.

Including the previous part of the stock market selling, excluding various taxes and fees, Relativity Entertainment made a profit of nearly 220 million US dollars between in and out.

After several years of planning and preparation, Ronan not only obtained the live-action film rights of Disney classic cartoons, but also gained Pixar Studios, and was poaching Disney animation studios, but also made huge profits.

Relativity Entertainment has gained both gains and has gained a broader space for development.

Disney Animation Studios may sink for a long time, and the animation of Relativity Entertainment will effectively fill this market.

As we all know, once animated movies are successful, their income is often far beyond that of live-action movies.

In the past, Walt Disney was crazy about selling its surroundings.

For example, Elsa's drag show is simply emptying girls' wallets.

Ronan dug up Robert Iger and grabbed a large number of Disney resources. In the future, he will be even more crazy than the former Walt Disney.

Back at the office, Ronan handled the approval of the movie project for a while, and Connie knocked on the door and walked in.

"Maple Leaf Pictures' first $500 million fund has arrived," Connie said quickly. "The rest will be paid in three days."

Luo Nan nodded slightly: "Including the $200 million deposit that has been paid, there is only $500 million left."

I have to say that Ryan Kavanaugh and David Ellison have outstanding ability to raise funds.

There is another thing that cannot be ignored. Maple Leaf Pictures has received high investment, but there are no corresponding projects, and the funds are all in their hands.

Companies such as Relativity Entertainment, Warner Bros. and Universal Pictures have maintained a huge distribution team all year round and to pay for expensive promotional and distribution expenses, the company must retain a huge amount of working capital.

In some ways, this is also one of the reasons why large companies must focus on commercial films.

Because only blockbusters that can continue to produce high returns for a long time can ensure the efficiency of salary and expenditure. Although a big-selling art film may cost only one-tenth of that of top commercial blockbusters, the profit margin is often lower.

The investment scale of film companies is slightly larger. If they continue to focus on art film projects, the results will often be more miserable.

Having said that, once top commercial production projects fail one after another, huge team spending may drag down a film company.

Connie said at this time: "The news came from Scott that David Ellison had already contacted him, and it is very likely to invest in the Pacific Foundation in the future."

Ronan asked, “He still has money?”

Connie replied: "According to the analysis of our investigation and analysis team, David Ellison's funds for Disney are most likely from Larry Ellison. David Ellison is already an adult. His mother established a trust fund for him that year. In recent years, Larry Ellison has also been injecting funds into the trust fund..."

Ronan understood what was going on: "It turns out to be a super rich second generation."

Strictly speaking, he can be considered a rich second generation who inherited Shahai Entertainment, but he is really much worse than David Ellison.

Connie finally said: "Robert has heard news that the contact with the team of Chris Bucker in Disney's animation studio is currently talking about the critical stage. Chris Bucker wants to meet you and hear your promises with your own ears."

"When?" Ronan asked.

Connie replied: "Robert said it would be better this afternoon."

Ronan nodded: "Yes." He thought for a while and said: "Have you made an appointment with a place?"

Connie said: "Robert's appointment is a yacht club in Santa Monica, which has been jointly acquired by Will Smith and Tom Cruise."

Ronan has no objection: "Yes."

After handling the work at hand and going to the restaurant for lunch, Ronan took a bus to leave Century City.

The black Rolls-Royce Phantom drove along Santa Monica Avenue not far away, and encountered a large traffic jam near the intersection on the edge of West Hollywood.

Several police cars pulled the sirens and rushed forward from the auxiliary road.

Finch shouted to the phone: "Stop! Come here No. 2 and No. 3, be careful and be alert!"

Ronan sat peacefully in the car. Although he was very curious, he had no idea of ​​getting off the car. His own safety was more important than anything else.

The two cars moved over and the guards were approaching the Rolls-Royce Phantom.

At the same time, there was also a bodyguard to find out the situation.

Ronan glanced at his watch and called Robert Lee. When he hung up the phone, Finch said, "I understand. There are two robbers robbing the convenience store less than 300 meters ahead. They happened to meet the patrol officer and took the convenience store owner as a hostage and were confronting the police. The robbers only had pistols and they would probably be able to handle it soon. Let's wait a while."

Such things are not uncommon in Los Angeles, which are far away from cars, and with many bodyguards, they are not a threat at all.

Luo Nan nodded, and before he could speak, a dense gunshot suddenly came from the front.

Finch was a little surprised: "The fire was exchanged so soon?"

All the bodyguards, including him, looked ahead vigilantly.

After waiting for a while, the crowded car queue gradually began to move. The police had a dedicated person to clear the traffic. The black Rolls-Royce Phantom was sandwiched between two bodyguards and drove through the congested area.

Through the car window, Ronan saw the convenience store with broken glass doors, and there was still blood on his face...

When it was almost time for Santa Monica, Finch said: "There is a clear news. The police just killed two robbers, and the black hostages and two passers-by were unfortunately killed."

Ronan was speechless: "It's indeed the style of the Los Angeles police."

Finch said directly: "They have always been very rough in their work."

Luo Nan didn’t know what to say, maybe he should use another way to describe it?

In order to prevent the robbers from threatening the hostages, the Los Angeles police decisively shot and killed the hostages. In order to prevent the robbers from taking passers-by, they decisively shot and killed the passers-by...

This incident directly led to Ronan being late.

"Sorry, I encountered the Los Angeles police on the way to deal with the case. I'm late."

Inside the yacht club, Ronan shook hands with the middle-aged man wearing glasses: "I'm very happy to see you, Mr. Buck."

Chris Barker said: "I am very honored to see you, the Hollywood legend."

Ronan glanced at Robert Lee and said, "I heard Robert say you want to see me, so I rushed over immediately."

"My team and I, working at Disney Animation Studios for more than a decade, made a decision to leave," said Chris Barker.

Ronan said, "I understand."

He attaches great importance to Chris Buck, a very ordinary Disney employee who represents a very large animation production team at Disney Animation Studio.

This team first collaborated with Jerever Carsonberg to produce "The Lion King", and then led the production of animation features such as "The Legend of the Wind", "Mulan" and "Tarzan of the Apes".

Although the personnel inevitably entered and exited during the period, there was no major change in the core team led by Chris Buck.

It is no exaggeration to say that Chris Buck and his team represent the heritage of the traditional Disney animation studio.

But now, they are no longer valued. After the decline of hand-drawn animation, Michael Eisner's eyes turned to live-action movies, and once wanted to withdraw the hand-drawn animation department.

Chris Buck and his team had to transform and switch to computer animation production.

But the two computer-animated feature films they produced, "Star Silver Island" and "Legend of the Bear", were far from expected, resulting in further marginalization of Disney Animation Studios.

In the past two years, Disney has spent too much energy on infighting, and the original leading animation studio has gradually become unwilling to care about it.

Chris Barker and his team have to consider the future.

Keep staying at Disney, waiting for Disney to stabilize, or leave Disney and seek a brand new creative environment?
Chapter completed!