Chapter 205： Take a stake in Pixar

Chapter 205 Shares in Pixar

Google's development momentum is very good. In the case of the overall downturn in the high-tech industry, Google has bucked the trend and has developed into the largest Internet search platform, and replaced inktomi search as Yahoo's default search engine.

X, another company invested by Dunn, under the leadership of Elon Musk, has also established a new development strategy. The first step is to acquire Confinity.

Once the acquisition is completed, the new company will become the largest online payment transaction platform in the market.

Elon Musk excitedly explained to Dunn that if the acquisition goes well, he will change the name of the new company to "paypal", and the new company may be listed within 3 years!

As for Apple, the largest company Dunn has invested in...

Jobs and Dunn soon completed the second meeting.

The location is Dunn's office.

Dunn dismissed the secretary and poured a cup of coffee for Jobs himself, "It's a little cold, drink it soon."

Jobs looked indifferent, "You know, I'm not here today for coffee."

Dunn smiled, came to sit down opposite Jobs, "My attitude, the last conversation has been very clear. In Silicon Valley, I can give you the greatest support, in return, I hope you can also have the same support for me in Hollywood. help accordingly.”

Since it was a transaction, Dunn simply went straight to the point and stopped playing around in circles.

Jobs nodded and frowned, "I like what you said very much. Compared with Pixar, Apple is my biggest pursuit and ideal. However, ideals do not equal reality."

Dunn understood that Pixar was his source of funds, and said with a smile: "I talked about this topic last time, I can wait... until you think the opportunity is right, and then sell Pixar to me. Of course, I'd better have a It's as if I could sign a contract and give you Apple's voting rights."

"Oh?"

Jobs was very interested in Apple's voting rights.

Dunn is Apple's major shareholder, and has extraordinary influence. If Dunn can fully support Jobs, then his position in Apple will be stable.

"What security do you want? First refusal?"

Tang En shook his head, "What if I encounter a malicious bid? It's not in my interest."

"your thoughts?"

"Invest in Pixar!"

Jobs narrowed his eyes slightly, Dunn's answer did not seem to exceed his expectations, and he said: "It seems that you are determined to win for Pixar."

"Of course! I said that my core industry is in Hollywood. Besides, I am a filmmaker, and only I can bring Pixar the life it deserves." Dunn was half-truth and half-hearted.

Jobs took a sip of coffee and laughed: "You are too conceited!"

Tang En looked calm and said boldly, "As far as the film industry is concerned, I have conceited capital."

Jobs pondered slightly and nodded, "Up to 10 shares will be transferred to you, and you can only be an independent director."

Tang En breathed a sigh of relief, and there was a touch of restlessness in his heart.

The animation industry...Pixar...

After a lot of hard work, he finally had the possibility to get his hands on it!

Tang En said with a smile: "It's okay to be an independent director. I'm free. I'm an independent director at Google and Hasbro."

Jobs said indifferently: "However, the distribution of Pixar's movies still has to be handed over to Disney."

"no!"

Tang En's complexion changed and he categorically rejected it.

Jobs glanced at him, "Don't give it to Disney for distribution, but to Dunn Pictures? Do you have a distribution channel? And this topic, there is no need to discuss it now, Pixar's fourth film "Monster Electric Company" has already been scheduled. The schedule is up, it will be released in November next year, and the three-party contract has been signed."

Dunn's face was very ugly.

Jobs waved his hand and sighed, "I know, you have a conflict with Disney, and I have a conflict with Disney! But business has nothing to do with personal relationships, and only Disney is in the best interests of Pixar at the moment. And, as I said, Pixar and Disney only has five film deals."

"What about the fifth movie?"

"The next movie is still in preparation, and it is estimated that it will take two or three years to make."

Tang En's eyes jumped, and his face improved a little.

Two or three years...enough for him to operate.

Although the schedule of "Monster Power Company" is next year, once the release agreement involves the theater party, it will be very complicated, and the liquidated damages are very huge. At this time it is too late.

But the next movie... Dunn will definitely not miss it.

If I remember correctly, Pixar's next film was Finding Nemo, the highest-grossing animated film of all time, surpassing The Lion King.

In any case, the film can no longer be handed over to Disney.

"Okay! Then let's make a promise. As long as I have enough distribution capabilities and promotion channels, I will directly buy out the distribution contract between Pixar and Disney and change it to cooperation with Dunn Pictures. You don't regret it!"

Tang En's bright eyes stared at Jobs.

Jobs didn't seem to hear his words, he drank his coffee slowly, and after more than 20 seconds, he said slowly, "Is this the next condition?"

Tang En was startled, then nodded, "Yes, tell me, what do you need me to do?"

Previously, Dunn's Apple voting rights were handed over to Jobs in exchange for 10 shares of Pixar. This time, it's the next collaboration.

"Hollywood is your pursuit, and Silicon Valley is my pursuit. Since I have made such a big compromise to you in Hollywood, I hope you can make more contributions to Apple."

"Tell me, as long as I can!"

Jobs said: "The impact of the bubble crisis is too great, and it is likely to continue for a while. Apple's market share ... In short, I have not found the right solution yet, so the stock price is likely to fluctuate greatly."

Tang En immediately understood what he meant, "You mean...let me help you stabilize the stock price?"

The stable stock price is the root of the shareholders' meeting's continued support for Jobs.

If Apple's stock price plummets, even with Dunn's support, Jobs will face the possibility of stepping down.

Dunn laughed secretly, this Jobs was too unconfident.

Maybe he can't even imagine how much he will bring about the earth-shaking changes to the world in the next ten years.

Jobs smiled and said: "I hope Apple's share price will not be lower than 10 US dollars. Some time ago, you bought a lot of stocks in the secondary market, and the stock price was directly raised to 14 US dollars. But the market enthusiasm has passed, and now it has fallen. A lot."

Tang En thought it was difficult, "Apple is a big company, I'm afraid I can't do it with my own strength. Although I have made a lot of money in the stock market, I have also invested in a lot of industries during this time, and I don't have much money in my hands. what."

"I will transfer the current stock price to 15 shares of Pixar!" Jobs was very bold and immediately put forward better conditions.

At present, 70% of Pixar's shares are in the hands of Jobs, 15% are in the hands of Pixar employees, and 15% are held by retail investors in the secondary market.

Jobs gave up 15 shares to Dunn, and he still held 55 shares, holding the absolute dominance of Pixar. Even if Dunn and Pixar executives are behind the scenes, he is not afraid.

Dunn laughed, stood up, opened his arms, and gave Jobs a big hug.

"Happy cooperation!"

This sentence, Tang En said from the bottom of his heart, was dripping with joy.

Buying Apple stock, is this still what Steve Jobs said? Dunn was also worried that he could not find a suitable acquisition reason to explain to the board of directors.

The conditions proposed by Jobs are simply sending warmth to Dunn!

What is even more exaggerated is that in order to make Dunn agree to his conditions, Jobs gave up 5 shares of Pixar, a total of 15 shares, so happy!

Now, Pixar's stock price is $10.5, the total is 123 million, and the market value is about $1.29 billion.

Dunn Capital only needs to spend $190 million to get the shares of Pixar 15 and take the lead in privatizing Pixar in the future.

For Dunn, this deal is definitely worth the money!

"By the way, I see that you lack a computer in your office, so let me give you an additional Apple computer."

"Wouldn't you have installed monitoring software?"

"what?"

Jobs was startled by Dunn's jumping thinking.

Installing surveillance software is illegal.

Tang En laughed, "It's just a joke, the computer is accepted!"

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Chapter 205 Shares in Pixa