Chapter 506: Pixar Changes Hands

In order to get rid of the unfavorable situation, despite the completion of the acquisition, Michael Eisner made a compromise with the Disney board of directors, and Roy Disney, who had a certain friendship with Ryan, joined the ranks of negotiations, and with this slick old guy As a buffer zone, the two parties finally reached a final agreement after making certain concessions.

On August 25, Ryan showed up in Pixar's office building with his related team. Representatives of Walt Disney, Michael Eisner and Roy Disney were already waiting in the conference room.

Ryan, I believe this is a win-win deal.

The two sides sat facing each other, waiting for the relevant personnel to review the contract. Michael Eisner couldn't hide his complacency, and he didn't want to hide it either.

I still have Blue Sky Studio in my hands, and I'm also the largest shareholder of DreamWorks Animation Studio. Ryan also didn't hide his attitude towards him, and nodded his head again, There are endless ideas here, Michael, Even without Pixar, I would have the lion's share of the animated film market.

Even if the other party is only temporarily happy, he will continue to add trouble.

Michael Eisner didn't seem to hear this sentence, and he was still complacent.

Regarding the behavior of this tyrant, Ryan is very clear that not long ago, Michael Eisner held more than 10% of Disney's shares for the first time, becoming Disney's largest shareholder, and he holds the chairman and It is not too difficult to take advantage of various opportunities to increase shareholdings.

Perhaps the man in charge of Walt Disney can only be satisfied if it becomes privately owned, like Viacom and News Corp.?

Shaking his head, Ryan signed his name on the documents handed over by Lawyer Wilson Jr.

A series of cumbersome procedures have been completed in advance, and this private signing ceremony will soon end. After selling all the shares of Pixar, Ryan still does not have the awareness he should have.

Michael, run Pixar well. Don't screw it up. Ryan deliberately came to Michael Eisner, shook hands and said, If you give a good idea to a mediocre team, they will take it Screw it up; if you give a mediocre idea to a great team, they'll improve it or throw it away and come up with something good.

Now Pixar has the best team! Ryan left the conference room without looking back.

August 27, 2001. On Monday morning in Los Angeles local time, Walt Disney held a press conference at the Disney Headquarters in Burbank, officially announcing the completion of the wholly-owned acquisition of Pixar Animation Studios at a total price of $7.8 billion.

The transaction will be carried out in the form of cash transaction and stock replacement. According to the agreement reached by the two parties, Disney will exchange Pixar stock at a ratio of 2.42:1. That is, each Pixar share is equivalent to 2.42 Disney shares.

This has become the most sensational news in Hollywood this year.

Disney acquired Pixar studio for US$7.8 billion, betting on digital animation. Pixar's digital animation technology will determine the new direction of Disney animation...

The marriage of Disney and Pixar will change the entertainment landscape...

For example, such news emerges endlessly in the major media.

Such a multi-billion-dollar acquisition is hard to find attractive, but apart from swallowing Pixar's rapidly expanding Walt Disney, who is the real personal winner?

The first result analyzed by the media is that Michael Eisner has not only firmly secured the position of the largest shareholder. He also led this wholly-owned acquisition case, and no one in Disney can compete with him, and his personal reputation and power have been further strengthened.

Where the media couldn't see, Nicole obtained 3.2% of Disney's shares by exchanging shares and other means, and became a member of Disney's board of directors according to the agreement reached with Disney.

As for Ryan, the media soon disclosed that he had made huge gains in this transaction.

Because of the way of premium acquisition. The transaction volume involving his equity is as high as 3.7 billion US dollars, and Walt Disney will not be able to raise such a huge amount of liquidity in the short term.

According to Michael Eisner's idea, it is to pay as much cash as possible for the transaction with Ryan, but some retail shareholders and several investment agents on Wall Street do not accept the method of stock exchange, and large sums of money cannot be exchanged. Not spent on these people.

According to the final agreement, Disney paid $1 billion in cash plus a 6.8% stake in Disney. In exchange for the Pixar shares in Ryan's hands.

So far, coupled with the Disney shares obtained due to the agreement between the Harry Potter series and Warner, Ryan has become Disney's second largest shareholder after Michael Eisner with a 9.5% stake.

Unfortunately, he is neither a member of the board of directors. There is no executive status, just a major shareholder.

After the annexation of Pixar, Disney's market value expanded rapidly, surpassing Viacom and Time Warner in one fell swoop, becoming the second largest media group in the United States.

As the leader of this M\u0026A case, Michael Eisner's limelight was the same for a while.

But the cold water soon hit us head-on, and the Delaware Chancery Court conducted a second cross-examination on the case of Disney’s shareholders’ lawsuit against Disney’s management headed by Michael Eisner, including Michael Eisner, Michael Ovitz, Roy Disney and others were all present and accepted the court's routine questioning.

Although the lawsuit will not come to fruition until November, such a case annoys Disney's management. After all, shareholders suing the current chairman and CEO will definitely affect the market's confidence in Disney.

Ryan seemed unaffected by the loss of Pixar, with news from England that the cash-strapped 'Red Football' company had received a major injection of capital, opening talks with other Manchester United shareholders, and then protests from the fans, These seem to have affected the state of the Manchester United team. After the start of the new Premier League season, their record is not very satisfactory.

Then, there were media reports that Dreamworks Animation Studio, which received funding from Ryan, was working on an animated feature film project called Shrek led by him, and Blue Sky Studio was also preparing to launch the Ice Age project. Sequel production, even without Pixar, he still has a huge influence on the animation market.

After more than ten years of hard work, within the scope of Hollywood, Ryan is the largest shareholder of Jenkins Films, Blue Sky Studios and DreamWorks Animation Studios, and also holds an absolute controlling stake in Marvel Comics, as well as the amount of The different shares of Paramount, Disney and 20th Century Fox have woven an intricate network of relationships in this Vanity Fair through friendship and interest chains.

Even Michael Eisner, the biggest opponent now, has to admit that it is almost impossible to drive him out of Hollywood.

The time finally came to September, The Matrix: Matrix Revolutions was released in North America. The North American box office of this movie did not exceed 300 million U.S. dollars in the end, staying at more than 265 million U.S. dollars, while Lord of the Rings 1 The number of theaters in China has been reduced to about 2,500. Although North America can still contribute more than 10 million US dollars in box office every week, the stamina is obviously not as strong as the original Titanic.

Besides, the time is coming that will have a major impact on all industries in the United States, and a movie stuck in this time frame will undoubtedly be a tragedy.

For example, in order to avoid Lord of the Rings and Tim Burton's Planet of the Apes, New Line released Rush Hour 2 in early September...

However, none of this has anything to do with Ryan. Anyway, The Matrix 3 is down, the box office potential of Lord of the Rings in North America is almost exhausted, Harry Potter and the Philosopher's Stone is on the Christmas file, and other Those series of movies also staggered September and October.

On the first Monday in September, a nearly 400-foot luxury yacht pulled into the Santa Monica Pier.

Afterwards, one speedboat after another, one helicopter after another, sent passengers one after another back and forth, among them,

People with sharp eyes found that there were many Hollywood celebrities who appeared on the yacht.

The time from the previous life is very close, Ryan specially instigated this group sea vacation, besides Natalie, the Swift family, as well as Pai Kingsley, Scarlett Johansson, Drew Barry Moore, etc., were invited by him to take a yacht together to Lanai Island in Hawaii.

As for Charlize, she returned to South Africa with her mother, and will not return to North America in the short term. After Nicole participated in a Disney board meeting, she returned to the farm in Australia with her sister. Will be back.

People with Ryan on both sides will deliver the news, and there is no need to worry about sudden surprises.

Besides, avoiding the vortex in North America is not without benefits. According to Ryan's plan, before the Twin Towers collapse, there will definitely be a big wave of public opinion, and they will definitely be the target of criticism.

Hi Nat, nice to meet you.

Although closer to Nicole, Natalie is also a good friend Taylor has known since she was a child. After getting off the helicopter, the little girl gave her a big hug directly.

After the Swift couple greeted them, they left the place where the young people were, and went to the place where Julius and Kingsley, who had more common topics, were staying. The banquet hall there would be closed after the yacht left the port Throw a party.

Honey, you have to take good care of your brother.

Ryan looked at the poor little boy and waved to him, Hi, Austin, long time no see.

He's too shy.

Taylor pouted in dissatisfaction, and Scarlett Johansson, who was talking to Natalie, came over and picked up the little boy directly, Hey, honey, they are all bad guys, I'll take you to the sea carnival party (To be continued. If you like this work, you are welcome to come to the starting point to vote for recommendations and monthly tickets. Your support is my biggest motivation. Mobile phone users, please go to m. to read.) ()