Hollywood starts with an agent
Chapter 301 Disney's Dilemma
Chapter 301 Disney's Dilemma
With the arrival of October, Pulp Fiction, a film that had been a source of great excitement, surpassed $50 million at the North American box office.
Quentin Tarantino's film became a huge hit, giving John Travolta's career a new lease on life and making Uma Thurman and Samuel L. Jackson even more famous!
Burbank, Disney headquarters, Michael Eisner, returning from New York, is chatting with Sid Bass, a major Disney shareholder.
"I've spoken with Jack Welch, and now General Electric is considering selling NBC's wireless broadcasting network;"
"Currently, NBC is not that important to General Electric."
General Electric is now the largest publicly traded group in the United States, and NBC does not have a large stake in it.
“Oh, so that means GE is willing to sell NBC?” Sid Bass said, glancing at Michael Eisner.
Michael Eisner nodded. "Disney, as a major Hollywood studio, is certainly more suited to running NBC."
"However, Jack Welch's intention was to sell half of the shares to Disney, while also handing over the content production business to Disney;"
"Currently, Mr. Bob Wright, Vice Chairman of General Electric, is managing NBC's wireless broadcasting network, and he will continue to manage NBC!"
Michael Eisner agreed that acquiring half of the shares would save Disney money, and with a major investor like General Electric, the risk would be much smaller.
Meanwhile, Disney is responsible for content distribution, and NBC's distribution system can help Disney's works be distributed more effectively.
"Half the shares?" Sid Bass frowned upon hearing this. Half the risk meant half the profit.
NBC, under General Electric's control, failed to demonstrate any value; in the content field, Hollywood is the absolute king.
"Let's convene a board meeting and discuss this!"
Meanwhile, Aaron, who was with Catherine Zeta-Jones in Palm Springs, brought her to Las Vegas, Nevada.
In a suite at the MGM Grand Las Vegas, which had just opened last year, Aaron rolled off Catherine Zeta-Jones and exclaimed, "Las Vegas is definitely number one when it comes to extravagance and debauchery!"
Catherine Zeta-Jones, drenched in sweat and panting, leaned against the man's chest and smiled slightly. "Is MGM now a film company or a casino hotel?"
Kirk Kerkelian opened the MGM Grand Casino Hotel after acquiring MGM Studios early on.
Today, the lion logo and the name of MGM's casino hotels are well-known. Sony originally wanted to acquire MGM, but unfortunately Kirk Kochrian refused to return the MGM brand and lion logo, so the deal fell through!
Aaron shook his head. "Let's count them all. Right now, all MGM's value is the brand and the lion logo."
"Oh, and there's also United Artists' film library, including the rights to the 007 series and such."
If Aaron remembers correctly, Kirk Koccorian will soon acquire MGM for the third time;
At the same time, this company also likes to acquire film libraries, including those of Carlock, Samuel G. Gowin, and Orion. Unfortunately, MGM has missed its chance; the libraries of Orion and Samuel G. Gowin now belong to Dawn, with approximately 2500 feature films now considered Dawn's assets!
Catherine Zeta-Jones, her long, ink-black hair radiating captivating charm, propped her head up and kissed Aaron on the cheek. "Well, now Dawn has completely overtaken MGM and United Artists. *Forrest Gump* and *Pulp Fiction* are two films that can't be ignored this year."
"With the box office success of Jim Carrey's 'Ace Ventura: Pet Detective' and 'The Mask,' Dawn's performance this year is better than in previous years."
“Alright, let’s go get something to eat, then go into the casino and have some fun,” Aaron said, rubbing the woman’s body a few times.
Since we're already in Las Vegas, we should at least have some fun!
Catherine Zeta-Jones smiled, "Well, I'm going to take a shower first..."
At this time, as Disney was preparing for a board meeting to discuss whether to acquire half of NBC's shares, The New Yorker magazine unexpectedly published an important internal Disney news article:
The New Yorker published an article detailing the entire process of Jeffrey Katzenberg being ousted from Disney by Michael Eisner!
Jeffrey Katzenberg is portrayed as a highly capable victim, while Michael Eisner is depicted as a jealous and volatile individual.
Newspapers widely reprinted the story, causing Disney's media reputation to plummet and further enraging Michael Eisner.
Disney's major shareholder, Sid Bass, wanted Disney to acquire NBC in its entirety and was not satisfied with GE's offer to sell only a 49% stake and content production rights.
Let Michael Eisner continue negotiations with Jack Welch of General Electric!
The success of "The Lion King" further boosted Jeffrey Katzenberg's fame, but he has now left Disney and joined forces with Steven Spielberg and David Geffen to form DreamWorks.
The extensive media coverage made Michael Eisner feel increasingly threatened. Jeffrey Katzenberg's trio was no ordinary team, and as one of the people who knew Disney best, DreamWorks SKG would definitely be a major rival to Disney!
However, as if things weren't going well, Jeffrey Katzenberg's attempt to build DreamWorks and acquire NBC also failed, and Disney's project to build a new Disneyland in northern Virginia was also forced to be canceled.
Disney originally planned to build another Disneyland in northern Virginia, but it was met with strong opposition from many people, including some wealthy businessmen in the surrounding area.
These individuals, leveraging their influence in Washington, have joined forces to sue the theme park project for damaging historical sites and the environment, and have loudly proclaimed that Disney has desecrated this historic landmark.
The Washington Post even proclaimed: "Michael Eisner is a destroyer of American history!"
In a luxurious villa in Beverly Hills, Jeffrey Katzenberg sat on the sofa, flipping through the newspaper in his hand, a smile unconsciously appearing on his lips.
The New Yorker's work was, of course, Jeffrey Katzenberg's work, and he immediately took out his phone and dialed another number.
"Good evening, Mr. Katzenberg!"
"Oh, right, Michael Eisner recently underwent heart surgery. I think the shareholders will be concerned about the succession issue at Disney."
There was a moment of silence on the phone, then a reply came through.
After Jeffrey Katzenberg hung up the phone, his expression didn't change at all. Since he had already broken ties with Disney, there was nothing more to say!
(End of this chapter)
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