Chapter 470： Jobs' decision

Michael Eisner's public attack on Apple in Congress as a piracy driver exploded in Hollywood and Silicon Valley.

Apple's stock price, which was $15.85 on the day, fell to $13.45, a drop of more than 14.5%!

Dunn is sandwiched between Silicon Valley and Hollywood. It is inconvenient to express his position on this matter, but he treats it with a cold eye.

Michael Eisner swayed between commitment and power, seriously affecting Dunn's interests.

Dunn wanted to put pressure on Disney through Pixar to teach Michael Eisner a lesson, but he did not expect that Jobs would not agree to break with Disney at this time.

Even Jobs and Michael Eisner had a terrible relationship!

Unexpectedly, the turn of the tide, Jobs had let him go, but Michael Eisner was out of his mind and accused Jobs in Congress. This is self-inflicted and can't live!

Although in his previous life, Jobs chose to endure his rage and continued to cooperate with Disney, but in this life, Dunn is sure that Jobs can definitely make a different choice——

First, Dunn is Apple's major shareholder, the biggest supporter of Jobs, and has the power to restrict;

Second, Disney can certainly create the biggest profit margin for Pixar, but Dunn has more sincerity and more authority in the film field. Even if Pixar's profits will suffer in the short term, from a long-term perspective, cooperation with Dunn is the future of Pixar;

Third, Apple's stock price has grown steadily over the past year. In addition to the release of the iPod, Dunn has also continued to absorb the stock, which is also a great contribution. Jobs is grateful;

Fourth, Disney is a Hollywood company, but Dunn can open up the relationship between Hollywood and Silicon Valley, which will help Apple and Jobs in the piracy storm, and there is a buffer zone;

Fifth, Steve Jobs has a bad temper! In his previous life, he chose to forbear. In this life, he has more Tang En around him. With Tang En to help buy out the contract, and Tang En to help release movies, Disney is no longer his only choice.

To sum up the five points, Tang En was very confident about this matter, so he waited for Jobs to take the initiative to contact him, and then launched a counterattack.

Sure enough, four days later, Dunn received a call from Jobs.

"Tang En, I thought about this matter for several days and decided to support you!" On the phone, Jobs's voice was slightly hoarse, obviously not having a good rest.

Dunn's voice was a little awkward, "Support me? Support me for what?"

Jobs said angrily: "Okay, Dunn, you must understand what I'm talking about. We should join hands on this matter!"

Dunn laughed a few times, "Steve, I told you a long time ago that Eisner is the best at backstabbing, and it was a very bad decision for you to cooperate with him! Fortunately, you finally woke up. "

Jobs sighed, "I just want to guarantee Pixar's share price."

Dunn can also understand this.

If Pixar chooses to buy out the contract and suspend the cooperation with Disney, Pixar's stock price is likely to collapse. Even if the new partner is Dunn Films, it will be difficult to regain investor confidence.

The influence of Disney and Dunn Pictures in the animation industry is very different!

"I am a shareholder of Pixar, and I will definitely ensure the stock price of Pixar!" Dunn said swearingly, he wanted to reassure Jobs.

"Huh?" Jobs raised his eyebrows.

Dunn said: "I told you that I want to acquire Universal Pictures, er...even if the procedures will be more complicated, I have a very close relationship with Universal, and I can strive for a distribution agreement for Pixar that is conducive to the stability of Pixar's stock price. Dunn Pictures , and hand it over to Universal Pictures for distribution, and the cut is only 10%!"

"10%?" Jobs shook his head disapprovingly. "Dawn, you're talking about a live-action movie, and Pixar's production is an animation. Animations have more room for development than live-action movies."

According to the conventions of Hollywood, the distributors usually ask for more interest appeals for movies with high peripheral property rights such as cartoons.

Dunn smiled and said: "Do you think the peripheral output of "Spider-Man" will be less than that of Pixar's cartoons? Steve, I said, I can give what Disney can give you; what Disney can't give, I can too!"

Jobs said: "Don't tell me, I have decided. I have notified the Pixar legal department to start negotiations on the distribution contract between Pixar and Disney, and I will buy out the contract."

"That's right! I still count what I said before, the buyout fee, I'll pay!" Tang En sighed with relief, as if he saw the money that originally belonged to Disney, rolling towards him.

Of course, not only Pixar, but also the batch of classic cartoons mastered by Disney!

Jobs was silent for a long time before slowly saying: "Dawn, to be honest, Disney is still Pixar's best partner at present. I don't think you have the ability to maintain the stability of Pixar's stock price."

Tang En's face changed slightly, "What do you mean?"

"Let's talk face to face, to Pixar?" Jobs hesitated.

Dunn frowned slightly, "Is it necessary? Now the matter is very simple, I pay, I just need Pixar to end the contract with Disney!"

"No, I have to be responsible for all Pixar shareholders!" Jobston took a moment I can't implicate another listed company because of Apple's problems. This kind of related operation will greatly reduce investment. 's confidence. You know, my credibility on Wall Street...it's not that good by itself, and I can't pull down expectations any further. "

Dunn was silent for a while, "Okay, see you tomorrow morning at Pixar headquarters!"

...

"what?"

In Pixar's president's office, Dunn was surprised when he heard Jobs' words. Even John Rust, who was beside him, opened his mouth in shock and was speechless.

Jobs shrugged lightly: "This is my final decision, and I have the confidence to convince all Pixar shareholders to accept my plan."

John Rust was a little dazed, "Steve, you should understand that Pixar...has a broader prospect! Although Pixar's stock price is very high now, PE is more than 60 times, but we are a technology and animation company. film company."

Dunn was also very uneasy, and asked in a voiceless voice: "Steve, such a decision... Of course I agree, but as a friend, I can also tell you responsibly that the current share price of Pixar is undervalued."

John Rust added, "Yeah, we can wait a few years before making such a decision!"

"Do not!"

Jobs' attitude is very firm, and his determination will not be changed again. It is a bit of a venting mentality of selling all Apple shares after being kicked out of the house by Apple. "Selling Pixar to Dunn Pictures will be more in line with Pixar's future development! Pixar has been my brainchild for more than ten years, and I hope its future will be even better!"

That's right, Jobs wants to sell all Pixar to Dunn!

In order not to affect the stock price and his credibility on Wall Street, Jobs made a very bold decision!

(Sanqi Chinese)