Chapter 384: 384
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Inside the front cabin study of the Boeing 767, c-girl Claire Gein knocked on the door to remind her that she had arrived in Japanese airspace and sent in a box of timezone adjusted watches as usual.
Simon picked one at random and put it on to see the time.
Japan is 18 hours earlier than the east coast of the United States, and it is now November 5, more than 10 a.m. on Monday.
The purpose of this trip to Japan is to meet with Matsushita President Akio Guei, not on a whim.
Ever since the Hurst family took 20% of ESPN's shares from Simon, he had an idea that Panasonic would take the initiative to withdraw from the deal.
The Hurst family has recently acquired the shares of ESPN from Reynolds nabesk at a cost of only US $180 million. I don't know if they have used their "influence" again, which is 20 million US dollars lower than Simon's original offer.
However, although he has a lot of chips in his hand, Simon has no idea of forcing Panasonic to quit.
The market value of Panasonic in this era is comparable to that of DuPont, general electric and other industry giants in the United States. As a local leader, danelis entertainment uses some of its own advantages to force Panasonic to withdraw from the acquisition, which is not without the possibility of success, but it is very unwise to do so.
Simon wants to cooperate more than the Hurst family.
The development of the westero system will only touch the interests of more and more people in the future. In this case, if we want to continue to expand, we must try to attract more allies instead of creating enemies. This is the decision Simon made in recent months when he kept thinking about the development route of the westero system. Even if the westero system is strong enough in the future, he does not intend to change this way of thinking.
As a result, danilisi entertainment began to contact Panasonic last week and sent a general cooperation draft in advance. Simon and Akio Gujing finally agreed to have a meeting this afternoon.
Near noon, Simon and his party got off the plane, and Matsushita did not neglect them, so they specially prepared a lunch.
However, the size of the lunch is very small, if not translation, only Simon and Akio Gujing. He didn't intend to make it known that he came to Japan suddenly, and Simon loved it.
Moreover, only Akio Gujing appeared at the luncheon, and Simon roughly guessed the reason.
The purpose of Simon's trip to Japan is to persuade Matsushita to withdraw from the MCA acquisition. For Matsushita, after the founder Matsushita xinguesu died last year, this huge enterprise giant is not united in mind. Akio Guei hopes to acquire MCA, but there are many opposition voices within Matsushita. Akio Guei should not want the news of his meeting with Simon to get out.
In an exquisite Japanese restaurant in downtown Osaka.
Akio Gujing is a 60 year old man with short stature. He wears glasses and looks a little unsmiling.
After we introduced each other, we came to a box.
A total of four people, Akio Gujing and his translator, a tall and thin middle-aged man.
Simon took Claire Gein with her. Because of the frequent economic cooperation between Australia and Japan in the 1980s, girl c, who graduated from the University of Melbourne, majored in civil engineering and took Japanese as an elective course. She reached a very high level and was more than enough as a translator.
Let's just say that the four "vases" of ABCD that Janet helped herself choose are all elites, though they don't have the academic credentials of the new housekeeper Alice Ferguson. Otherwise, the new housekeeper would not have been trapped by girl C on the first day.
According to women, ABCD and Simon complement each other.
For example, C girl majored in civil engineering, but Simon didn't know anything about it. Japanese is one of Simon's weaknesses.
The four sat cross legged on the floor at a typical Japanese dining table. At the beginning, they chatted about some topics at will. After the waiters served lunch one by one, they retreated, and the topic was slightly opened up.
Girl c is not shy. She is very close to Simon. She breathes in his ear and says, "Simon, what do you think of the current situation of Japan's economy? Will it continue to deteriorate?"
Simon skillfully holds chopsticks to taste the sashimi in front of him. Hearing the words, he looks at the opposite Gujing Zhaoxiong and says, "the deterioration is not so bad, but it should continue for several years."
The middle-aged translator also whispered in his ear.
After listening to the translation, Akio Gujing seemed not to believe it and asked something.
Girl c said in real time: "the Japanese government has taken a lot of rescue measures, and the foundation of the Japanese economy is very solid, so it should not last for a long time?"
Simon said: "I've always been a little concerned about it. The BoJ has recently started to lower interest rates again, which seems to me to be very unwise. Japan's economic bubble has not been completely dissipated, especially in the real estate bubble. Now eager to reduce interest rates and increase liquidity will only let funds flow into the real estate market, which is not very good for the real economy. "
"Do you mean that Japan needs to give up the real estate industry completely?"Simon nodded and said with a smile, "it's a very difficult choice, but it's also a necessary choice."
"Simon, when do you think the Japanese economy will start to recover?"
Simon laughs and shakes his head: "I don't know. There have been many economic crises in history. Some countries can survive in two or three years, but some countries will never recover and keep declining. The key lies in how the Japanese government acts."
, "so, Simon, what do you think is the most serious problem facing the Japanese economy besides the real estate bubble?"
Simon didn't expect that Akio Gujing would pursue these issues related to the national economy. He noticed that the opposite translator seemed to be more attentive than Akio Gujing. He roughly guessed what he had found. After all, cersei capital's operation around the Japanese stock market last year is indeed a classic. What's more, Simon's own rise is legendary. He has accumulated a huge amount of capital by betting on the macro economy for several times.
After thinking about it for a moment, Simon didn't hide his secrets. Anyway, he said that even if someone cares about the future of a country, few people will easily listen to the opinions of an outsider.
"I think the most serious problem facing Japan's economy is corporate debt. If this problem is not solved properly, Japan's economy may be in a downturn for more than 10 years."
"We have lowered the bank interest rate, which should relieve the cash flow pressure of enterprises."
"No, Gujing, you made a mistake." Simon shook his head and said: "the problem of Japanese enterprises is not lack of money, but dare not borrow any more. Because of the collapse of the stock market bubble, the debt ratio of many Japanese companies will increase significantly as the market value plummeted. In the next few years, these Japanese companies will only focus on reducing their liabilities so as to make the balance sheet healthier. Therefore, measures such as lowering interest rates have little effect on the real industry. "
Across the table, Akio Gujing finally stopped asking questions. After thinking for a moment, he said again, "it sounds like a situation without solutions."
Simon nodded: "yes, enterprises are determined to reduce debt and dare not borrow money, which will definitely lead to a decline in liquidity and further deflation. Once this happens, the whole country's economy will lose vitality and never recover. "
Akio Gujing thought for a moment again, but he looked up at Simon: "is there really no solution?"
Simon said: "in fact, the solution is not without. Roosevelt did a good job in those years. The key to vigorously develop infrastructure through government investment is to spend money. However, Japan's infrastructure construction is already very perfect. What you need to do is to spend money, preferably abroad. "
"Simon, you are a very honest man," he said with a smile
Simon understood the meaning of this sentence and also understood it. He said with a smile, "yes, according to my intention, I should advise you to keep cash as much as possible and not to invest abroad. However, I think Japan's more appropriate investment target should be emerging developing countries, such as Asian countries and Eastern European countries. America is not a good choice. Hollywood, for Panasonic, is even more out of date. "
Hearing Simon talking about Hollywood, Akio Guei didn't digress from the topic, but seriously asked: "Simon, why is Hollywood not a good choice for Panasonic?"
Simon thought about it and said, "Gujing, do you know Hollywood ledger?"
"It's generally said that a common accounting method of Hollywood Studios is to convert most of the profits into expenses, so as to reduce the tax burden and share based on the creators," he nodded
"It's just one kind of Hollywood ledger," Simon nodded. "There's another kind of Hollywood ledger for outsiders. Panasonic, for example, invested $10 million in a film and won $100 million at the box office in North America. How much do you think you can get? "
"If Matsushita buys MCA, I think the company can earn at least $30 million excluding production and distribution costs," he said
"No, even if Panasonic becomes the boss of MCA, you may still lose money."
"What do you say?"
"I hear you're going to keep vassalman and schinberg in charge of the company. According to the example I just mentioned, with an investment of 10 million dollars and a box office of 100 million dollars, it seems that you can make more than 30 million dollars. But it is more likely that vassalman will sign a very generous sharing contract with the creator, 20% of the net profit will go to the director, such as Spielberg, and 20% of the net profit will go to the stars, such as Dustin Hoffman. Then, there are the profits of the producers and the publicity costs that are destined to be even higher after the big sale. Even if the $10 million investment movie gets $100 million at the box office, you don't necessarily earn a cent. "
"Simon, I don't think that's going to happen."
"In fact, this has happened. Gujing, you can ask people to investigate the data of Captain hawk that Columbia Pictures is producing. They use this sharing mode. And because it's directed by Spielberg, starring Dustin Hoffman and Robin Williams, Captain hawk costs more than $10 million to make. I don't think Sony can make much money from this project. Even the projects that Spielberg and Dustin Hoffman participated in are impossible for Sony to make money. Do you think other films invested by Sony will make profits? "After a moment's hesitation, Akio Guei asked, "Simon, we don't have to let vassalman and the two of them run the world. Moreover, we will strengthen the supervision of this company. "
Simon shook his head and said, "Hollywood is actually a very closed circle. I know you may still be thinking about Michael owitz running the company. Owitz is indeed a very good agent, but you may not know what he has been doing all these years. What owitz has been doing in the past ten years is to find ways to help CAA customers get higher film pay. Even if he is in charge of MCA, this kind of thinking will not be changed easily. He will still attract talents through very generous sharing contracts, which may bring you a superficial prosperity. As for the benefits, of course, it should be left to Hollywood's own people as much as possible. You are outsiders after all. "
"It's just one side of you, Simon," he said
Simon laughed and continued: "in fact, there is a final solution. Panasonic will send someone to take charge of the company. In fact, that's the right thing to do. Because what Hollywood studios need is a one word paternalistic management style, and they don't need any professional managers. However, for Panasonic, this idea is even worse, because you don't understand the entertainment industry at all. Moreover, if you run this company yourself, you will become a more thorough outsider, and Hollywood will make profits from you without any consideration. Even a 500 pound sumo wrestler would be skinny when he came out of Hollywood
The C girl, who had been so absorbed, could not help laughing when she heard Simon's last metaphor. Aware of her gaffe, the girl quickly said sorry, lowered her eyes, clumsily picked up chopsticks and pretended to be busy.
But instead of laughing, he gradually became dignified. He stared at Simon and said, "I suddenly realized one thing. Simon, you are also what you call a" Hollywood man ". What you said is just to let Panasonic withdraw from the MCA acquisition."
"I don't deny that. That's why I came to Japan," Simon nodded. "But, Gujing, I'm a very honest man. You just said that. And, as I said, you can find someone to investigate. There are many similar cases in Hollywood. For example, in Colombia, although Sony and Panasonic are competitors, you can go to investigate the two responsible persons employed by Sony. What they have done in the past year is totally hollowing out the company. "
Akio Gujing hesitated for a moment, solemnly nodded and said, "I will."
"Let's talk about our cooperation," Simon said instead. "Panasonic's acquisition of MCA is largely to follow up with Sony and avoid the other side taking advantage of content to occupy Panasonic's market share in the field of film and music hardware. What you want, Denise entertainment can give you, and the effect is better than Panasonic's acquisition of MCA. For example, in terms of movies, in the past few years, Denise entertainment has accounted for a large part of the top ten box office movies in North America. This is our content advantage. Now Denise entertainment has the largest video chain in North America. In terms of content and channel, danielis entertainment has unparalleled advantages in Hollywood. As long as we cooperate with each other, it is not impossible to completely squeeze Sony Video Recorder out of the market. You should have read the information I sent in advance, which is just one of the contents of our cooperation "
"
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Inside the front cabin study of the Boeing 767, c-girl Claire Gein knocked on the door to remind her that she had arrived in Japanese airspace and sent in a box of timezone adjusted watches as usual.
Simon picked one at random and put it on to see the time.
Japan is 18 hours earlier than the east coast of the United States, and it is now November 5, more than 10 a.m. on Monday.
The purpose of this trip to Japan is to meet with Matsushita President Akio Guei, not on a whim.
Ever since the Hurst family took 20% of ESPN's shares from Simon, he had an idea that Panasonic would take the initiative to withdraw from the deal.
The Hurst family has recently acquired the shares of ESPN from Reynolds nabesk at a cost of only US $180 million. I don't know if they have used their "influence" again, which is 20 million US dollars lower than Simon's original offer.
However, although he has a lot of chips in his hand, Simon has no idea of forcing Panasonic to quit.
The market value of Panasonic in this era is comparable to that of DuPont, general electric and other industry giants in the United States. As a local leader, danelis entertainment uses some of its own advantages to force Panasonic to withdraw from the acquisition, which is not without the possibility of success, but it is very unwise to do so.
Simon wants to cooperate more than the Hurst family.
The development of the westero system will only touch the interests of more and more people in the future. In this case, if we want to continue to expand, we must try to attract more allies instead of creating enemies. This is the decision Simon made in recent months when he kept thinking about the development route of the westero system. Even if the westero system is strong enough in the future, he does not intend to change this way of thinking.
As a result, danilisi entertainment began to contact Panasonic last week and sent a general cooperation draft in advance. Simon and Akio Gujing finally agreed to have a meeting this afternoon.
Near noon, Simon and his party got off the plane, and Matsushita did not neglect them, so they specially prepared a lunch.
However, the size of the lunch is very small, if not translation, only Simon and Akio Gujing. He didn't intend to make it known that he came to Japan suddenly, and Simon loved it.
Moreover, only Akio Gujing appeared at the luncheon, and Simon roughly guessed the reason.
The purpose of Simon's trip to Japan is to persuade Matsushita to withdraw from the MCA acquisition. For Matsushita, after the founder Matsushita xinguesu died last year, this huge enterprise giant is not united in mind. Akio Guei hopes to acquire MCA, but there are many opposition voices within Matsushita. Akio Guei should not want the news of his meeting with Simon to get out.
In an exquisite Japanese restaurant in downtown Osaka.
Akio Gujing is a 60 year old man with short stature. He wears glasses and looks a little unsmiling.
After we introduced each other, we came to a box.
A total of four people, Akio Gujing and his translator, a tall and thin middle-aged man.
Simon took Claire Gein with her. Because of the frequent economic cooperation between Australia and Japan in the 1980s, girl c, who graduated from the University of Melbourne, majored in civil engineering and took Japanese as an elective course. She reached a very high level and was more than enough as a translator.
Let's just say that the four "vases" of ABCD that Janet helped herself choose are all elites, though they don't have the academic credentials of the new housekeeper Alice Ferguson. Otherwise, the new housekeeper would not have been trapped by girl C on the first day.
According to women, ABCD and Simon complement each other.
For example, C girl majored in civil engineering, but Simon didn't know anything about it. Japanese is one of Simon's weaknesses.
The four sat cross legged on the floor at a typical Japanese dining table. At the beginning, they chatted about some topics at will. After the waiters served lunch one by one, they retreated, and the topic was slightly opened up.
Girl c is not shy. She is very close to Simon. She breathes in his ear and says, "Simon, what do you think of the current situation of Japan's economy? Will it continue to deteriorate?"
Simon skillfully holds chopsticks to taste the sashimi in front of him. Hearing the words, he looks at the opposite Gujing Zhaoxiong and says, "the deterioration is not so bad, but it should continue for several years."
The middle-aged translator also whispered in his ear.
After listening to the translation, Akio Gujing seemed not to believe it and asked something.
Girl c said in real time: "the Japanese government has taken a lot of rescue measures, and the foundation of the Japanese economy is very solid, so it should not last for a long time?"
Simon said: "I've always been a little concerned about it. The BoJ has recently started to lower interest rates again, which seems to me to be very unwise. Japan's economic bubble has not been completely dissipated, especially in the real estate bubble. Now eager to reduce interest rates and increase liquidity will only let funds flow into the real estate market, which is not very good for the real economy. "
"Do you mean that Japan needs to give up the real estate industry completely?"Simon nodded and said with a smile, "it's a very difficult choice, but it's also a necessary choice."
"Simon, when do you think the Japanese economy will start to recover?"
Simon laughs and shakes his head: "I don't know. There have been many economic crises in history. Some countries can survive in two or three years, but some countries will never recover and keep declining. The key lies in how the Japanese government acts."
, "so, Simon, what do you think is the most serious problem facing the Japanese economy besides the real estate bubble?"
Simon didn't expect that Akio Gujing would pursue these issues related to the national economy. He noticed that the opposite translator seemed to be more attentive than Akio Gujing. He roughly guessed what he had found. After all, cersei capital's operation around the Japanese stock market last year is indeed a classic. What's more, Simon's own rise is legendary. He has accumulated a huge amount of capital by betting on the macro economy for several times.
After thinking about it for a moment, Simon didn't hide his secrets. Anyway, he said that even if someone cares about the future of a country, few people will easily listen to the opinions of an outsider.
"I think the most serious problem facing Japan's economy is corporate debt. If this problem is not solved properly, Japan's economy may be in a downturn for more than 10 years."
"We have lowered the bank interest rate, which should relieve the cash flow pressure of enterprises."
"No, Gujing, you made a mistake." Simon shook his head and said: "the problem of Japanese enterprises is not lack of money, but dare not borrow any more. Because of the collapse of the stock market bubble, the debt ratio of many Japanese companies will increase significantly as the market value plummeted. In the next few years, these Japanese companies will only focus on reducing their liabilities so as to make the balance sheet healthier. Therefore, measures such as lowering interest rates have little effect on the real industry. "
Across the table, Akio Gujing finally stopped asking questions. After thinking for a moment, he said again, "it sounds like a situation without solutions."
Simon nodded: "yes, enterprises are determined to reduce debt and dare not borrow money, which will definitely lead to a decline in liquidity and further deflation. Once this happens, the whole country's economy will lose vitality and never recover. "
Akio Gujing thought for a moment again, but he looked up at Simon: "is there really no solution?"
Simon said: "in fact, the solution is not without. Roosevelt did a good job in those years. The key to vigorously develop infrastructure through government investment is to spend money. However, Japan's infrastructure construction is already very perfect. What you need to do is to spend money, preferably abroad. "
"Simon, you are a very honest man," he said with a smile
Simon understood the meaning of this sentence and also understood it. He said with a smile, "yes, according to my intention, I should advise you to keep cash as much as possible and not to invest abroad. However, I think Japan's more appropriate investment target should be emerging developing countries, such as Asian countries and Eastern European countries. America is not a good choice. Hollywood, for Panasonic, is even more out of date. "
Hearing Simon talking about Hollywood, Akio Guei didn't digress from the topic, but seriously asked: "Simon, why is Hollywood not a good choice for Panasonic?"
Simon thought about it and said, "Gujing, do you know Hollywood ledger?"
"It's generally said that a common accounting method of Hollywood Studios is to convert most of the profits into expenses, so as to reduce the tax burden and share based on the creators," he nodded
"It's just one kind of Hollywood ledger," Simon nodded. "There's another kind of Hollywood ledger for outsiders. Panasonic, for example, invested $10 million in a film and won $100 million at the box office in North America. How much do you think you can get? "
"If Matsushita buys MCA, I think the company can earn at least $30 million excluding production and distribution costs," he said
"No, even if Panasonic becomes the boss of MCA, you may still lose money."
"What do you say?"
"I hear you're going to keep vassalman and schinberg in charge of the company. According to the example I just mentioned, with an investment of 10 million dollars and a box office of 100 million dollars, it seems that you can make more than 30 million dollars. But it is more likely that vassalman will sign a very generous sharing contract with the creator, 20% of the net profit will go to the director, such as Spielberg, and 20% of the net profit will go to the stars, such as Dustin Hoffman. Then, there are the profits of the producers and the publicity costs that are destined to be even higher after the big sale. Even if the $10 million investment movie gets $100 million at the box office, you don't necessarily earn a cent. "
"Simon, I don't think that's going to happen."
"In fact, this has happened. Gujing, you can ask people to investigate the data of Captain hawk that Columbia Pictures is producing. They use this sharing mode. And because it's directed by Spielberg, starring Dustin Hoffman and Robin Williams, Captain hawk costs more than $10 million to make. I don't think Sony can make much money from this project. Even the projects that Spielberg and Dustin Hoffman participated in are impossible for Sony to make money. Do you think other films invested by Sony will make profits? "After a moment's hesitation, Akio Guei asked, "Simon, we don't have to let vassalman and the two of them run the world. Moreover, we will strengthen the supervision of this company. "
Simon shook his head and said, "Hollywood is actually a very closed circle. I know you may still be thinking about Michael owitz running the company. Owitz is indeed a very good agent, but you may not know what he has been doing all these years. What owitz has been doing in the past ten years is to find ways to help CAA customers get higher film pay. Even if he is in charge of MCA, this kind of thinking will not be changed easily. He will still attract talents through very generous sharing contracts, which may bring you a superficial prosperity. As for the benefits, of course, it should be left to Hollywood's own people as much as possible. You are outsiders after all. "
"It's just one side of you, Simon," he said
Simon laughed and continued: "in fact, there is a final solution. Panasonic will send someone to take charge of the company. In fact, that's the right thing to do. Because what Hollywood studios need is a one word paternalistic management style, and they don't need any professional managers. However, for Panasonic, this idea is even worse, because you don't understand the entertainment industry at all. Moreover, if you run this company yourself, you will become a more thorough outsider, and Hollywood will make profits from you without any consideration. Even a 500 pound sumo wrestler would be skinny when he came out of Hollywood
The C girl, who had been so absorbed, could not help laughing when she heard Simon's last metaphor. Aware of her gaffe, the girl quickly said sorry, lowered her eyes, clumsily picked up chopsticks and pretended to be busy.
But instead of laughing, he gradually became dignified. He stared at Simon and said, "I suddenly realized one thing. Simon, you are also what you call a" Hollywood man ". What you said is just to let Panasonic withdraw from the MCA acquisition."
"I don't deny that. That's why I came to Japan," Simon nodded. "But, Gujing, I'm a very honest man. You just said that. And, as I said, you can find someone to investigate. There are many similar cases in Hollywood. For example, in Colombia, although Sony and Panasonic are competitors, you can go to investigate the two responsible persons employed by Sony. What they have done in the past year is totally hollowing out the company. "
Akio Gujing hesitated for a moment, solemnly nodded and said, "I will."
"Let's talk about our cooperation," Simon said instead. "Panasonic's acquisition of MCA is largely to follow up with Sony and avoid the other side taking advantage of content to occupy Panasonic's market share in the field of film and music hardware. What you want, Denise entertainment can give you, and the effect is better than Panasonic's acquisition of MCA. For example, in terms of movies, in the past few years, Denise entertainment has accounted for a large part of the top ten box office movies in North America. This is our content advantage. Now Denise entertainment has the largest video chain in North America. In terms of content and channel, danielis entertainment has unparalleled advantages in Hollywood. As long as we cooperate with each other, it is not impossible to completely squeeze Sony Video Recorder out of the market. You should have read the information I sent in advance, which is just one of the contents of our cooperation "
"
Inside the front cabin study of the Boeing 767, c-girl Claire Gein knocked on the door to remind her that she had arrived in Japanese airspace and sent in a box of timezone adjusted watches as usual. Simon picked one at random and put it on to see the time. Japan is 18 hours earlier than the east coast of the United States, and it is now November 5, more than 10 a.m. on Monday. The purpose of this trip to Japan is to meet with Matsushita President Akio Guei, not on a whim. Ever since the Hurst family took 20% of ESPN's shares from Simon, he had an idea that Panasonic would take the initiative to withdraw from the deal. The Hurst family has recently acquired the shares of ESPN from Reynolds nabesk at a cost of only US $180 million. I don't know if they have used their "influence" again, which is 20 million US dollars lower than Simon's original offer. However, although he has a lot of chips in his hand, Simon has no idea of forcing Panasonic to quit. The market value of Panasonic in this era is comparable to that of DuPont, general electric and other industry giants in the United States. As a local leader, danelis entertainment uses some of its own advantages to force Panasonic to withdraw from the acquisition, which is not without the possibility of success, but it is very unwise to do so. Simon wants to cooperate more than the Hurst family. The development of the westero system will only touch the interests of more and more people in the future. In this case, if we want to continue to expand, we must try to attract more allies instead of creating enemies. This is the decision Simon made in recent months when he kept thinking about the development route of the westero system. Even if the westero system is strong enough in the future, he does not intend to change this way of thinking. As a result, danilisi entertainment began to contact Panasonic last week and sent a general cooperation draft in advance. Simon and Akio Gujing finally agreed to have a meeting this afternoon. Near noon, Simon and his party got off the plane, and Matsushita did not neglect them, so they specially prepared a lunch. However, the size of the lunch is very small, if not translation, only Simon and Akio Gujing. He didn't intend to make it known that he came to Japan suddenly, and Simon loved it. Moreover, only Akio Gujing appeared at the luncheon, and Simon roughly guessed the reason. The purpose of Simon's trip to Japan is to persuade Matsushita to withdraw from the MCA acquisition. For Matsushita, after the founder Matsushita xinguesu died last year, this huge enterprise giant is not united in mind. Akio Guei hopes to acquire MCA, but there are many opposition voices within Matsushita. Akio Guei should not want the news of his meeting with Simon to get out. In an exquisite Japanese restaurant in downtown Osaka. Akio Gujing is a 60 year old man with short stature. He wears glasses and looks a little unsmiling. After we introduced each other, we came to a box. A total of four people, Akio Gujing and his translator, a tall and thin middle-aged man. Simon took Claire Gein with her. Because of the frequent economic cooperation between Australia and Japan in the 1980s, girl c, who graduated from the University of Melbourne, majored in civil engineering and took Japanese as an elective course. She reached a very high level and was more than enough as a translator. Let's just say that the four "vases" of ABCD that Janet helped herself choose are all elites, though they don't have the academic credentials of the new housekeeper Alice Ferguson. Otherwise, the new housekeeper would not have been trapped by girl C on the first day. According to women, ABCD and Simon complement each other. For example, C girl majored in civil engineering, but Simon didn't know anything about it. Japanese is one of Simon's weaknesses. The four sat cross legged on the floor at a typical Japanese dining table. At the beginning, they chatted about some topics at will. After the waiters served lunch one by one, they retreated, and the topic was slightly opened up. Girl c is not shy. She is very close to Simon. She breathes in his ear and says, "Simon, what do you think of the current situation of Japan's economy? Will it continue to deteriorate?" Simon skillfully holds chopsticks to taste the sashimi in front of him. Hearing the words, he looks at the opposite Gujing Zhaoxiong and says, "the deterioration is not so bad, but it should continue for several years." The middle-aged translator also whispered in his ear. After listening to the translation, Akio Gujing seemed not to believe it and asked something. Girl c said in real time: "the Japanese government has taken a lot of rescue measures, and the foundation of the Japanese economy is very solid, so it should not last for a long time?" Simon said: "I've always been a little concerned about it. The BoJ has recently started to lower interest rates again, which seems to me to be very unwise. Japan's economic bubble has not been completely dissipated, especially in the real estate bubble. Now eager to reduce interest rates and increase liquidity will only let funds flow into the real estate market, which is not very good for the real economy. " "Do you mean that Japan needs to give up the real estate industry completely?"Simon nodded and said with a smile, "it's a very difficult choice, but it's also a necessary choice." "Simon, when do you think the Japanese economy will start to recover?" Simon laughs and shakes his head: "I don't know. There have been many economic crises in history. Some countries can survive in two or three years, but some countries will never recover and keep declining. The key lies in how the Japanese government acts." , "so, Simon, what do you think is the most serious problem facing the Japanese economy besides the real estate bubble?" Simon didn't expect that Akio Gujing would pursue these issues related to the national economy. He noticed that the opposite translator seemed to be more attentive than Akio Gujing. He roughly guessed what he had found. After all, cersei capital's operation around the Japanese stock market last year is indeed a classic. What's more, Simon's own rise is legendary. He has accumulated a huge amount of capital by betting on the macro economy for several times. After thinking about it for a moment, Simon didn't hide his secrets. Anyway, he said that even if someone cares about the future of a country, few people will easily listen to the opinions of an outsider. "I think the most serious problem facing Japan's economy is corporate debt. If this problem is not solved properly, Japan's economy may be in a downturn for more than 10 years." "We have lowered the bank interest rate, which should relieve the cash flow pressure of enterprises." "No, Gujing, you made a mistake." Simon shook his head and said: "the problem of Japanese enterprises is not lack of money, but dare not borrow any more. Because of the collapse of the stock market bubble, the debt ratio of many Japanese companies will increase significantly as the market value plummeted. In the next few years, these Japanese companies will only focus on reducing their liabilities so as to make the balance sheet healthier. Therefore, measures such as lowering interest rates have little effect on the real industry. " Across the table, Akio Gujing finally stopped asking questions. After thinking for a moment, he said again, "it sounds like a situation without solutions." Simon nodded: "yes, enterprises are determined to reduce debt and dare not borrow money, which will definitely lead to a decline in liquidity and further deflation. Once this happens, the whole country's economy will lose vitality and never recover. " Akio Gujing thought for a moment again, but he looked up at Simon: "is there really no solution?" Simon said: "in fact, the solution is not without. Roosevelt did a good job in those years. The key to vigorously develop infrastructure through government investment is to spend money. However, Japan's infrastructure construction is already very perfect. What you need to do is to spend money, preferably abroad. " "Simon, you are a very honest man," he said with a smile Simon understood the meaning of this sentence and also understood it. He said with a smile, "yes, according to my intention, I should advise you to keep cash as much as possible and not to invest abroad. However, I think Japan's more appropriate investment target should be emerging developing countries, such as Asian countries and Eastern European countries. America is not a good choice. Hollywood, for Panasonic, is even more out of date. " Hearing Simon talking about Hollywood, Akio Guei didn't digress from the topic, but seriously asked: "Simon, why is Hollywood not a good choice for Panasonic?" Simon thought about it and said, "Gujing, do you know Hollywood ledger?" "It's generally said that a common accounting method of Hollywood Studios is to convert most of the profits into expenses, so as to reduce the tax burden and share based on the creators," he nodded "It's just one kind of Hollywood ledger," Simon nodded. "There's another kind of Hollywood ledger for outsiders. Panasonic, for example, invested $10 million in a film and won $100 million at the box office in North America. How much do you think you can get? " "If Matsushita buys MCA, I think the company can earn at least $30 million excluding production and distribution costs," he said "No, even if Panasonic becomes the boss of MCA, you may still lose money." "What do you say?" "I hear you're going to keep vassalman and schinberg in charge of the company. According to the example I just mentioned, with an investment of 10 million dollars and a box office of 100 million dollars, it seems that you can make more than 30 million dollars. But it is more likely that vassalman will sign a very generous sharing contract with the creator, 20% of the net profit will go to the director, such as Spielberg, and 20% of the net profit will go to the stars, such as Dustin Hoffman. Then, there are the profits of the producers and the publicity costs that are destined to be even higher after the big sale. Even if the $10 million investment movie gets $100 million at the box office, you don't necessarily earn a cent. " "Simon, I don't think that's going to happen." "In fact, this has happened. Gujing, you can ask people to investigate the data of Captain hawk that Columbia Pictures is producing. They use this sharing mode. And because it's directed by Spielberg, starring Dustin Hoffman and Robin Williams, Captain hawk costs more than $10 million to make. I don't think Sony can make much money from this project. Even the projects that Spielberg and Dustin Hoffman participated in are impossible for Sony to make money. Do you think other films invested by Sony will make profits? "After a moment's hesitation, Akio Guei asked, "Simon, we don't have to let vassalman and the two of them run the world. Moreover, we will strengthen the supervision of this company. " Simon shook his head and said, "Hollywood is actually a very closed circle. I know you may still be thinking about Michael owitz running the company. Owitz is indeed a very good agent, but you may not know what he has been doing all these years. What owitz has been doing in the past ten years is to find ways to help CAA customers get higher film pay. Even if he is in charge of MCA, this kind of thinking will not be changed easily. He will still attract talents through very generous sharing contracts, which may bring you a superficial prosperity. As for the benefits, of course, it should be left to Hollywood's own people as much as possible. You are outsiders after all. " "It's just one side of you, Simon," he said Simon laughed and continued: "in fact, there is a final solution. Panasonic will send someone to take charge of the company. In fact, that's the right thing to do. Because what Hollywood studios need is a one word paternalistic management style, and they don't need any professional managers. However, for Panasonic, this idea is even worse, because you don't understand the entertainment industry at all. Moreover, if you run this company yourself, you will become a more thorough outsider, and Hollywood will make profits from you without any consideration. Even a 500 pound sumo wrestler would be skinny when he came out of Hollywood The C girl, who had been so absorbed, could not help laughing when she heard Simon's last metaphor. Aware of her gaffe, the girl quickly said sorry, lowered her eyes, clumsily picked up chopsticks and pretended to be busy. But instead of laughing, he gradually became dignified. He stared at Simon and said, "I suddenly realized one thing. Simon, you are also what you call a" Hollywood man ". What you said is just to let Panasonic withdraw from the MCA acquisition." "I don't deny that. That's why I came to Japan," Simon nodded. "But, Gujing, I'm a very honest man. You just said that. And, as I said, you can find someone to investigate. There are many similar cases in Hollywood. For example, in Colombia, although Sony and Panasonic are competitors, you can go to investigate the two responsible persons employed by Sony. What they have done in the past year is totally hollowing out the company. " Akio Gujing hesitated for a moment, solemnly nodded and said, "I will." "Let's talk about our cooperation," Simon said instead. "Panasonic's acquisition of MCA is largely to follow up with Sony and avoid the other side taking advantage of content to occupy Panasonic's market share in the field of film and music hardware. What you want, Denise entertainment can give you, and the effect is better than Panasonic's acquisition of MCA. For example, in terms of movies, in the past few years, Denise entertainment has accounted for a large part of the top ten box office movies in North America. This is our content advantage. Now Denise entertainment has the largest video chain in North America. In terms of content and channel, danielis entertainment has unparalleled advantages in Hollywood. As long as we cooperate with each other, it is not impossible to completely squeeze Sony Video Recorder out of the market. You should have read the information I sent in advance, which is just one of the contents of our cooperation ""
