Chapter 669： Lehman Brothers

Century City, Beverly Hills, not far from the Theory of Relativity Building, where the Fox Building is as usual.

Since its acquisition by News Corporation, Twentieth Century Fox has been very stable. Even when filming "Titanic", some of the Twentieth Century Fox executives claimed that James Cameron was forced to sell their butts. That was just an exaggeration. It's just a description.

Since entering the new world, although Twentieth Century Fox has not been able to compete with the industry leader Warner Bros., it has consistently ranked among the top three.

Twentieth Century Fox has encountered some minor problems during the recent period.

The "Fantastic Four", which has invested a huge budget and completed all the shooting, is gradually being cast aside by comic fans.

Jim Prolos read the latest issue of the "Fantastic Four" comics and threw it directly on the desk.

The producer Michael Barnason sitting opposite said: "This is the tenth issue, not in the expansion of the universe, but in the main comic universe. Marvel really wants to abandon the "Fantastic Four" comics."

Jim Prolos did not answer the conversation, but instead asked: "How much influence does comics have on movies?"

"Comic fans are the most basic audience group for movies." Michael Barnason asked people to make an evaluation: "Marvel Entertainment is a planned and purposeful transformation of comics. The transformation of the Fantastic Four in comics, they designed a relative A reasonable process. According to the information I have received, Marvel Entertainment’s plan will continue until the eve of our movie’s release."

He is very cautious: "Long-term accumulation will lead to fans, at least some fans' views on characters will change, which will then affect the movie..."

Michael Barnason didn’t want to see his films being dragged down by this, or even lead to failure. He tentatively asked: “Are we considering talking to Marvel Entertainment? It’s no good for anyone to lose both sides.”

Jim Pross looked serious: "Marvel thought that with relativity entertainment, we have to give in?" He was tough: "Michael, take a long-term view and don't just stare at your project. If we are in "Fantastic Four" "Then let go and promised some of the conditions of Marvel Entertainment. Will they put forward new conditions for the "X-Men" series?"

Michael Barnason closed his mouth because it was obvious enough.

Relativity Entertainment wants more than just the "Fantastic Four" revenue share.

"Aren't we doing something?" Michael Barnason asked.

Jim-Pross said slowly: "You pay attention to maintain communication with News Corporation, our media will speak for the film. Although we are powerless in the direction of comic content, we can still do it through the media to influence the audience. I have already instructed the public relations department to disclose some of the conflicts between us and Marvel Entertainment in due course."

Michael Barnason said: "I understand."

Jim Prolos knew that some tactics were carried out in secret, but he wouldn't tell others, and waved his hand: "You think of ways to promote public relations."

"Okay." Michael Barnason stood up and said goodbye.

After handling the work on hand, the secretary knocked on the door and walked in.

"Mr. Pross." The female secretary said softly, "Mr. Richard Fuld of Lehman Brothers is here."

Jim Prolos stood up: "Take me over."

Five minutes later, in the luxurious reception room on the top floor of Twentieth Century Fox, Jim Prolos met Richard Fuld, one of the top executives of Lehman Brothers.

"Hi, Richard." Jim Prolos shook hands with Richard Fuld: "We meet again."

Richard Fuld said with a smile: "I have come with the friendship and sincerity of cooperation from Lehman Brothers."

Lehman Brothers, one of the four major investment banks, a giant company on Wall Street.

There are countless investors all over the world who want to put money into Lehman Brothers' hands, and countless companies want to get valuable investment from Lehman Brothers.

The various investment products launched by Lehman Brothers have always had relatively reliable returns.

Jim ProLogis asked with interest: "I heard that you have launched a new fundraising plan?"

Richard Fuld smiled brighter: "Lehman Brothers has designed a new investment plan for real estate projects, intending to raise US$6 billion in capital. The investment risk of this plan is very small, and the annual return rate will be around 7%. If Fox is interested, investment is welcome."

"We don't have any funds for the time being." Jim Prolos first declined, and then asked: "Can you tell me roughly?"

Richard Fuld said: "Of course." He organized his language slightly: "In the past two years, real estate has clearly picked up, the market is active, and the transaction volume of major large and medium cities has soared, and the government is also supporting it."

Although Jim Prolos is not in the real estate industry, he has some understanding of the basic situation. The real estate industry has really been thriving in recent years.

"Fox is an important customer of Lehman Brothers." Richard Fuld continued: "I don't have to hide from you. Jim, Lehman Brothers plans to use the $6 billion raised in funds to inject the real estate loan market to use The bank that Man Brothers cooperates with lends to home buyers."

Hearing this, Jim Prolos frowned slightly: "It takes a long time for the mortgage loan to recover the investment."

Richard Fuld couldn't help laughing: "The return time is too long. We can't wait, and investors can't wait. Therefore, after we take back the loan contract, we will increase the contract loan amount by 7%. Up to 8% interest will be resold to insurance companies..."

Jim Prolos nodded slightly: "Short and flat return on investment."

"Yes." Richard Fuld said: "This is much faster than investing in movies. Jim, should Fox participate? I can set aside $1 billion."

Jim Prolos is very cautious: "Let's discuss this later."

With such a large sum of money, he is not at all able to call the shots. Not only does the board of directors need to agree, but Rupert Murdoch also nods.

Richard Fuld said: "Well, let's talk about the current cooperation." He finally got into the topic: "Lehman Brothers has passed a resolution to provide 20th Century Fox with up to $1 billion in five years. Loan to assist Fox in acquiring several Internet companies such as IGN entertainment and photo-sharing site Photobucket."

Jim Prolos said: "This is good news."

The acquisition of these two websites involves the layout of Fox on the Internet in the 20th century.

Since Netflix, a subsidiary of Relativity Entertainment, has conquered the Internet, Hollywood has fully realized the role of the Internet in promoting the traditional film and television industry, and 20th Century Fox is also making efforts.

But starting from the beginning is too slow, and acquisition is the best option.

Richard Fuld said with a smile: "Lehman Brothers has always been an investment partner of News Corporation and should provide assistance."

This is not a polite remark. Since News Corporation entered North America, although it has also cooperated with investment institutions such as Merrill Lynch and Credit Suisse, Lehman Brothers has always been the biggest contributor to News Corporation in attracting startups.

With a loan from Lehman Brothers, Twentieth Century Fox has more room for transfer in terms of capital flow.

Jim Prolos did not talk about the loan anymore, and asked instead: "I heard you want to invest in Relativity Entertainment Group?"

Richard Fuld admitted: "There are indeed plans in this regard. There are many companies on Wall Street that want to invest in Relativity Entertainment, but none of them can achieve it."

Jim Prolos deliberately asked: "Why doesn't Wall Street unite to put pressure on Relativity Entertainment?"

"We also want to." Richard Fuld was rather helpless: "Relativistic Entertainment is not a listed company and has no business dealings with Wall Street. Most of their funds are raised through overseas investment institutions, and most of those people and companies are related to Investment competition exists on Wall Street."

He shrugged: "The most important thing is that Ronan Anderson's Pacific Investment Fund can bring stable returns to those investment companies every year."

In the past, Wall Street has not cooperated with some companies that invested in the Pacific Foundation, but Wall Street has always treated overseas customers with arrogance. Those people have suffered more losses than they made.

The relationship between capital and capital depends on who can bring more benefits after all.

"It's a pity." Jim Prolos said with a sigh: "Relativistic entertainment is a big delicious cake, but we can't share the deliciousness."

Richard Fuld is not stupid and asked directly: "Do you have a good way?"

Jim-Pros said: "Relativity Entertainment Group has abundant funds, rapid development, complete industrial chain, relatively healthy internal management, the most important thing is the concentration of equity, there is no good way in a short time. But Relativity Entertainment does not have it, which does not mean Relativity Entertainment The partner company does not."

Richard Fuld shook his head: "We are not interested in other companies, and investment is not proportional to return."

Wanting to share the cake of Relativity Entertainment does not mean that Lehman Brothers will be a gunman for 20th Century Fox It is not that he has never heard of the dispute between Relativity Entertainment and 20th Century Fox.

No one is stupid. Seeing Richard Fuld not picking up his own topic, Jim Pross was enough to stop, saying: "Lehman Brothers is keeping an eye on the theory of relativity, and no one is sure when they will fund Shortage, which is very common in Hollywood."

Having a behemoth like Lehman Brothers watching around, how can it put a lot of pressure on Relativity Entertainment.

Besides, James Murdoch’s men are already active in Los Angeles, and maybe they will be able to gain something soon.

After discussing with Jim Proceed for a while, Richard Fuld left the Fox Building.

After getting in the car, he saw the Relativity Building that seemed to be in front of him through the car window. He told his assistant: "Contact Relativity Entertainment and make an appointment with Ronan Anderson. I want to talk to him in person."

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