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Hollywood Hunter - Chapter 389

Published at 26th of October 2021 09:06:20 AM


Chapter 389: 389

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"It's so beautiful here. Daniels Studios is definitely the most special studio I've ever seen."

In the lawsuit, the three major trade unions of dannilis studios in Malibu accused dannilis entertainment of acquiring MCA, which may lead to industry monopoly and cause the deterioration of the working environment of the industry. However, in fact, dannilis studios, which is far more comfortable and luxurious than other Hollywood studios, and dannilis Entertainment's significantly higher salary level than other studios in the same industry, all prove that The accusations of the three major trade unions are hardly tenable.

Burbank Universal Studios.

When Barry Gordon, President of the American actors union, arrived, Lu wassalman just watched Amy's interview video and his face was gloomy.

Barry Gordon is not in a good mood, but he's lucky.

Two days ago, "Hollywood Reporter" exposed a scandal about George COGO, chairman of the West Coast branch of the American writers' Union. A member of the American writers' Union, who has the right to vote for the best screenwriter Oscar, came forward to testify publicly that when "vulgar novel" selected Oscar, George COGO personally called him and told him not to call Simon westero Vote.

George COGO's circle actually knows that the root of this incident lies in the strike in 1988. Denise Entertainment's reality show, which does not need a screenwriter, made the strike very passive, and WGA finally had to compromise. However, under the operation of danielis entertainment, this incident has become another evidence of the "abuse of power" of Hollywood trade unions.

George COGO's term of office began in 1987 and was not due to leave until the end of 1991.

Influenced by the Hollywood Reporter report, George COGO may be forced to resign as the chairman of WGA's western chapter in the near future.

In fact, what makes the three major trade unions most helpless during this period is Denise Entertainment's ability to control and guide media opinion.

A lot of careful people in the circle found that danelis entertainment attached more importance to the management of media contacts than other studios. What's more, Simon westero was rich enough.

Just at the end of the year, a series of films produced by danilisi entertainment were more aggressive than in the past. It is said that westero approved an additional $20 million budget for several films. Even Gucci, AOL, Cisco and many other companies under westrow suddenly launched a strong propaganda campaign again at the end of this year.

All this means a lot of advertising.

As we all know, advertising is the main source of revenue for mainstream media in North America, whether it is TV platform or paper platform.

Although danilisi Entertainment's advertising is not enough to cover all types of media platforms, its field of involvement is also broad enough.

On the other hand, the mainstream media in North America basically exist in the form of comprehensive media groups, such as Hurst group and Newhouse group, which own hundreds of newspapers, weekly magazines, or metropolitan / ABC Group, which own public television networks, cable TV stations, radio stations, etc.

Danilisi entertainment only advertised part of these media groups, which is enough to make them short mouthed.

As a result, the efforts of the three major trade unions to fight back in the media these days have had little effect. Many articles refuting Daniels' entertainment views have even been stopped before they were published. This makes the three major trade unions very passive. In addition to Denise Entertainment's move to move its film and television production overseas, it is not only the voice within the trade union that opposes the continued confrontation with Denise entertainment, but also the people who initially attacked Denise entertainment.

It's always difficult for ordinary people to understand the power of capital. It's only when they are in the game that they have to admit that a super rich person with a net worth of more than $20 billion and a rapidly rising business empire are not easy to provoke.

He handed Barry Gordon a cigar, and when the secretary left with the coffee, the two old men were quietly puffing in the office.

Lu wassalman is not in a good situation these days.

Especially after Westeros suddenly announced the Bell Atlantic acquisition.

The shareholders of MCA were not in a hurry, waiting patiently for the management led by Lou wassalman to fight for more benefits for them. However, the Bell Atlantic acquisition has made many shareholders nervous, worried that the deliberate delay of MCA management's pricing will lead to the failure of the acquisition.

Or, even if the acquisition is finally completed, will the transaction price be lower than Daniels Entertainment's last $7 billion offer.

You know, MCA's share price fell all the way after the announcement of Bell Atlantic acquisition.

Coupled with the withdrawal of Panasonic and the disruption of the three major trade unions, it is difficult to say which direction things will go. At present, the Gulf War has covered the world, and the US economy is already very weak. Looking back on the trauma of the Vietnam War on the US economy, if this acquisition becomes protracted, when the war breaks out and the stock market goes down, MCA will only be more passive.

These days, Simon westero has obviously turned his attention to the acquisition of Bell Atlantic on the east coast, and even stopped contact with MCA. Although in the media there is no compromise with the three major trade unions, many people feel that westero may be deliberately delaying the outbreak of war.From "ten days of danger" to "dancing with the wolves" and "red powder alliance", three films have been published in the end of this year's schedule, which shows that dannilis entertainment is still developing rapidly even without MCA.

On the other hand, MCA is far from being so confident.

Up to now, the films produced by Universal Pictures in 1990 did not even break the box office of 100 million. The box office of "back to the future 3", the best one, was only 87 million US dollars in North America. "Ten days of crisis", which is co-operative with danielis entertainment, has not reached the level of over 100 million even though it has also sold well.

Therefore, the demand for MCA from danielis entertainment is really not so urgent.

If the delay of Lu wassalman's management leads to Simon westrow's impatience, and the other party wants to cancel the acquisition, it will even have to pay a mere $60 million exit fee. Not to mention $60 million, or even more, for Simon westrow, it seems that it's just not painful.

As for Lu wassalman himself, he's starting to be hesitant.

Some of the chips Michael owitz handed over to him have shrunk a lot compared with the agent's original plan.

Paramount communications, which is enough to directly fight against danielis entertainment, withdrew. Meg Ryan, who may cause a scandal, withdrew. Dustin Hoffman, Tom Cruise and other Hollywood celebrities who had planned to publicly oppose the acquisition also withdrew.

Now, the three major Hollywood trade unions, which are most likely to suppress danielis entertainment, are losing ground under the recent public opinion offensive.

Although he still has some cards in his hand, Lu wassalman does not have much confidence.

Even if westero is pressed, vassalman is not sure if the young man will directly bypass the MCA board of directors to contact shareholders. He understood that the reason why westrow did not do so was that he just wanted to achieve the goal of acquiring all shares of MCA at one time through standard processes such as board approval and shareholder voting.

It may be easy for Simon westerlow to get control of MCA by buying MCA shares directly from shareholders in cash, but it will become more and more difficult for him to buy all the shares of MCA in the future. Many shareholders who insist that they have not sold out will definitely wait for the price to be sold, making westero pay more and more high price.

However, even if it does not buy shares directly from shareholders, westero can actually call MCA shareholders to hold an extraordinary general meeting of shareholders and vote to remove the current board of directors.

At that time, Lu wassalman will lose his greatest dependence.

Of course, the biggest disadvantage of doing so is that the acquisition will be protracted.

However, no matter from which aspect, Lu wassalman does not think that the delay of MCA acquisition for a few months will be detrimental to danielis entertainment. No one will think that after the outbreak of the war next year, the U.S. economy will not continue to decline, but will recover rapidly, which is not reasonable.

After smoking a cigar in silence, Barry Gordon was the first to say, "Lou, we plan to reach a settlement with Denise entertainment and withdraw the lawsuit by next week at the latest."

Lu wassalman just laughed bitterly.

It's a hard case to win. Now Denise entertainment is not a second - or third tier film company to be controlled by the trade union. In addition to reconciliation as soon as possible to prevent Denise entertainment from doing more things that endanger the foundation of the trade union, the three trade unions really have no better choice.




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