Chapter 75： relativity

"I know you have concerns." Ronan smiled and said, "Parker, Neil, Wilson, the three major shareholders of your company are very willing to sell their shares. They have discussed with my representative for several rounds. This deal will be concluded soon, otherwise I will not meet with you."

Garcia also smiled, but did not take Ronan's words.

Ronan said unhurriedly: "Don't worry, you will not become a department of Shahai Entertainment, and you will not change from a company leader to a department manager."

Garcia raised his eyebrows. This is what he really cares about.

Ronan continued: "Embassy Pictures will still be Embassy Pictures and will not be merged into Shahai Entertainment. Like Shahai Entertainment, it will become a subsidiary of my newly established company."

Hearing this, most of the psychological gap that Garcia imagined disappeared.

"After the completion of the acquisition, the salaries of all employees will increase to varying degrees, and the management will increase the salary by 10%." Ronan saw the changes in Garcia's expressions, "I will try to keep all employees with film distribution experience. Employees are valuable assets."

He deliberated a little, and said: "What I want is a company with complete personnel and channels, not a fragmented company."

Garcia finally couldn't help it, and asked, "Where is the management?"

"It won't change for half a year." Ronan didn't play vain. After all, he was facing business adults: "As long as they prove their abilities, position and salary are not a problem."

Garcia breathed a sigh of relief, this condition can be said to be quite good.

Ronan took the initiative to end the meeting and said, "Mr. Garcia, think about it."

In the following few days, the speed of buying Embassy Pictures suddenly accelerated. Robert was responsible for contacting the three major shareholders, and George kept in touch with the management of Embassy Pictures.

Ronan went to Delaware and, with the assistance of a professional team, registered a new company, Relativity Entertainment, in Delaware.

If all goes well, this company will become the holding company of Shahai Entertainment and Embassy Pictures.

Back in Los Angeles, the negotiations between Robert and George continued. Ronan signed an agency agreement with Shengzhi Law Firm, and the best law firm in the industry assisted in the acquisition of Embassy Pictures.

Involving tens of millions of dollars in transactions, it is indispensable for a professional team to provide legal services.

Soon, there was mixed news from Robert. The three major shareholders of Embassy Pictures, which accounted for as much as 90%, expressed their willingness to sell their shares, but the asking price was as high as 35 million US dollars.

The other party’s reason is very good. Not only does Embassy Pictures have a complete distribution system, there are more than 40 film copyrights in the film library.

However, these films are all independent small productions from overseas. When the Embassy Pictures purchased from overseas, the highest cost of a single film was not even US$200,000.

Ronan proposed a plan to spin off the film library of Embassy Pictures from the acquisition...

Frankly speaking, in the case of insufficient funds, this will only stretch his liquidity.

The two sides started a short see-saw negotiation. When the price fell to 30 million U.S. dollars, the three shareholders were killed and no longer let go.

Ronan is very clear that some factors other than positive negotiations can also affect the outcome of the negotiations.

Especially since 1999, Nasdaq seems to be crazy, and Internet stocks continue to rise.

Scott has kept in touch with Wilson, visited many times and even invited Wilson to the Los Angeles branch of Merrill Lynch.

specially selected a day when the stock market skyrocketed. After get off work, Scott made a special trip to visit Wilson.

"I can only say that the people who entered the market made too much money." Scott sat on the sofa and said to Wilson: "Yahoo's share price rose by $35 today..."

Hearing a one-day rise of $35, Wilson seemed to see countless dollars flying away from him, so that he didn't even hear the data of other stocks that Scott said later.

Scott is very clear that at first this was Ronan Anderson's private work, but now, he sees the possibility of getting more benefits.

Will Wilson develop into his major customer!

How much rake can a customer like this provide him?

So, Scott did a very hard work.

When Wilson came back to his senses, Scott said again: "I don't quite understand, Mr. Wilson, through the exchanges these days, I found that you have a very keen investment vision, and you have a good market observation and analysis. It is accurate, and even noticed that a few stocks will rise sharply, but are you only going to be a bystander?"

Wilson never thought of being a bystander.

Scott quietly glanced at him and continued: "Last year, one of my major clients invested tens of millions of dollars, and now his net worth has almost doubled. This is a feast, a veritable feast of wealth."

There is a feeling of regret, flowing in Wilson's heart.

Scott said again: "Mr. Wilson, a rich and wise investor like you, who entered the market one day late, lost astronomical profits."

Wilson rubbed his chin and thought about it seriously. He didn't doubt Scott at all, because wealthy people like him who are interested in investing in the stock market have always attracted those investment managers.

"The time has not yet arrived." Wilson tried to calm himself down, as if everything was under control: "When it comes, I will come in naturally."

Scott smiled and stopped talking about this topic. Instead, he talked about the recent changes in the stock market.

In the following days, Ronan joined the negotiations with the Embassy Pictures. The original difficult negotiations went smoothly. The Embassy Pictures also agreed to spin off the film library before selling it.

There are dozens of low-cost movies from overseas, and there is no shortage of next homes. There are companies that are willing to buy to enrich their own film library.

If Ronan has sufficient funds, he will also buy it.

But he wants to maintain the healthy operation of the capital chain.

Just after Shahai Entertainment held a project press conference for "Death is Coming", Ronan and the three major shareholders and management of Embassy Pictures reached an agreement in the negotiation.

The Relativity Company under his name bought the shares of Embassy Pictures from three major shareholders and management at a price of $25 million and paid in full.

Embassy Pictures has also become a subsidiary of Relativity.

According to the agreement between Ronan and Garcia, the embassy film industry is fairly stable, and the employees are actually happy to see the company being bought by a richer boss.

Most people still like a better way to make money.

Later, Ronan, with the assistance of the lawyer team, also transferred Shahai Entertainment to the theory of relativity.

Of course, Shahai Entertainment and Embassy Pictures are completely independent companies.

Ronan had a deep talk with Robert, and Robert transferred from Shahai Entertainment to Embassy Pictures as the vice president.

If you want the horse to run, you must feed the horse. Ronan once again increased the treatment of the three elders and made an option promise.

Shahai Entertainment is very stable. After the share change of Embassy Pictures, there must be an adjustment period.

But compared to the newly established distribution system, the Embassy Film Industry can play its role more quickly and effectively.

After taking over the Embassy Pictures, which has complete distribution channels such as theaters, video tapes and DVDs, Ronan initially gained some market control.

Then, Ronan slowly adjusted and controlled the embassy film industry, and at the same time he really joined the crew of "Death is Here" and led the preparation of this film.

Because of previous successful cooperation, a considerable part of the team behind the crew are elderly people from the "Human Removal Project", but some stunt positions need to be re-hired.

As for actors, the public budget of $15 million has attracted the attention of many agents.

And this time is obviously different from "Human Removal Project". It is not difficult for people with a professional vision to analyze the results from the movement of "Reaper Is Coming". This is a horror film with a lot of investment!