Chapter 703： Michael's Quarrel

Beverly Hills, Country Club.

VIP lounge area.

Dunn's head is a little big.

Under his lead, Michael Ovitz and Michael Eisner met.

As a result, the two sides quarreled with each other!

"Accus me? In Disney, a bunch of ungrateful bastards!"

Michael Ovitz was very annoyed.

Michael Eisner was equally angry, shouting in a low voice: "Ingratitude? What have you contributed to the company during your one year at Disney?"

"Do you need me to list them all?"

"Say it!"

Michael Ovitz said coldly: "At that time, ABC's ace show "Home Improvement Program", which was an asset worth 250 million US dollars. However, there was a problem at that time, starring Tim Allen claimed to quit, I came forward to settle this matter!"

"It's you?" Michael Eisner said slightly mockingly, "Yeah, you settled this matter, and almost brought Disney into a lawsuit from the Securities Regulatory Commission and shareholders."

"You're nonsense!" Michael Ovitz rolled his eyes, "Tim Allen loves art, and he's very interested in my collection. In order to convince him, I specially asked the contemporary painter Roy In the hands of Lichtenstein, through my relationship, I bought a piece of work for only $1,500 and gave it to him, which was the key to his change of heart!"

"So you're thinking of asking the company to reimburse you? What about your professional ethics?" Michael Eisner shot back.

"I'm working for Disney, and the company is going to reimburse the painting, isn't it?"

"Humph, it seems that you have never worked in a listed company. Don't you understand that a listed company is not allowed to give gifts?"

Michael Ovitz gave a slight pause, his tone still strong: "Ridiculous and absurd rules!"

"You haven't seen the world."

"Okay, even so, what about Katzenberg? Back then, you and Jeffrey Katzenberg had a lot of trouble. I came forward to help you settle him, and everything was negotiated with him. Disney only needs to Pay $90 million, and the contract dispute can be resolved privately. What's the result?"

Michael Eisner was ashen and speechless.

Dunn naturally knows the result.

Michael Eisner acted arrogantly and did not accept Ovitz's proposal, choosing instead to go head-to-head with Jeffrey Katzenberg.

As a result, the court ruled that Disney defaulted.

Disney paid $130 million in compensation, and paid more than $30 million in legal fees, litigation fees and public relations fees, which can be described as a blood loss.

This is the biggest stain on Michael Eisner's life.

Michael Ovitz didn't want to let him go so easily, and said coldly: "Before joining Disney, I was an agent for 30 years. In my hands, there has never been an unresolved conflict or an unreachable outcome. Agreement! I have 100% accuracy! Same 100% accuracy when it comes to a settlement! But what about the result? At Disney, every time I have to do something, there is always someone holding me back!”

At that time, Michael Ovitz was a veritable first agent in Hollywood, with great power and ability to overwhelm six major film companies.

But he ended up jumping to Disney, ruining his reputation for half his life.

The price is heavy.

Michael Eisner was not to be outdone, "Someone is holding you back? Just say it's me. But, look at what you did back then? You're going to buy the Los Angeles Lakers! You're going to buy the Seattle Seahawks! You still want to buy EMI! Such a ridiculous decision, if I don't stop it, Disney is already finished!"

"It's ridiculous!"

Michael Ovitz's face was gloomy and disdainful, "Don't forget, I also proposed to spend 100 million US dollars to acquire 50% of Yahoo! If this transaction is completed, the market value of this stock will now exceed 240%. $100 million! That's half Disney!"

Michael Eisner also has enough rebuttals, saying: "The way you manage the film department is still the way of the agent. You just treat the studio as a money bag. After you join Disney, the annual hires The cost of it can reach 80 million US dollars. In fact, it only costs 8 million US dollars!”

Michael Ovitz said indifferently: "I'm talking about Yahoo, a stock worth $24 billion!"

Michael Eisner's face was ashen.

This is unreasonable death.

Tang En couldn't listen anymore, interrupted the quarrel between the two, shook his head and said, "Anyway, it cost $3.7 million to renovate the office...it's amazing."

"No, the office on the third floor is a temporary office, and that doesn't count on my head. I am the president of the group and should be working on the fourth floor. It's not my fault." Michael Ovitz plausibly.

Dunn frowned, "Even so, you spent a full $2.7 million to renovate the office on the fourth floor!"

Michael Ovitz said: "That's because of the rush, and more than $1 million is spent on overtime pay for workers."

Dunn was speechless.

Michael Ovitz, who was born as an agent, really won't give in!

"Okay, see you in court then!"

Michael Eisner had no more patience.

"stop!"

With a wave of his hand, Tang En interrupted the two who were in a fit of anger, and said solemnly: "Okay, it's been so many years since this incident, there is no need to turn over the old accounts. Disney's market value is rising steadily, and Legendary Pictures has The turnover of the company has also increased year by year, how good is the current situation? Is it necessary to go to court?"

Michael Eisner was silent.

Of course he didn't want to go to court.

Although... he occupies Li'er.

Michael Ovitz was too extravagant when he was at Disney.

Disney's shareholders would also have a point in accusing him of embezzling company assets.

It's just that the last time I went to court with Jeffrey Katzenberg and made a big scandal I don't want to do this anymore.

Not to mention Michael Ovitz, as the defendant, of course he is willing to settle it privately.

Otherwise, he would not be here today.

Dunn sighed and said earnestly, "Michael... uh, Ovitz, Eisner, I know that you have been old friends with deep friendship over the past few decades. There is no deep hatred between you, you are not enemies!"

Michael Ovitz sighed.

He was a few years younger than Michael Eisner, but he was approaching sixty.

How can there be no recollection of the past?

Michael Eisner pondered for a while and shook his head, "I never thought of accusing him, this is the request of the board of directors. Disney is checking the books internally, checking the unreasonable default expenses of the year, including Jeffrey Carson. Berg, Steve Burke and others."

"It's very simple, it's looking for a transition point for contradictions."

Dunn shrugged and pointed out the problem directly.

Michael Eisner said with emotion: "Yeah, the contradiction is transferred."

Disney's two films in a row have failed, and the movie business, once again, is being questioned. Investors, worried about Disney's prospects, have been selling shares one after another.

With the release of "The Chronicles of Narnia 2", Disney's market value has evaporated by $3.5 billion.

To solve this problem, the best way is to shift the focus of the conflict!

Let the media and investors stop paying attention to Disney's film business, but focus on the prosecution of Michael Ovitz.

Transferring conflicts is often a common method to solve some intractable diseases.

"Actually...it's not necessary!"

Tang En waved his hand and decisively gave his own judgment. (https:)

Please remember this book's first domain name: . :

(Sanqi Chinese)