Hollywood starts with an agent

Chapter 304 More Information

Manhattan Plaza Hotel, New York.

Aaron and Peter Peterson, chairman of Blackstone Group, met with representatives from banks such as Chase Manhattan, Salomon Brothers, Bear Stearns, Merrill Lynch, and JP Morgan.
Discuss matters concerning Sugon's acquisition of MCA!
"Ladies and gentlemen, according to my estimates, MCA's valuation hasn't changed much from a few years ago, and you can all see Panasonic's losses over the past few years."

"I believe that Panasonic's current thinking is that if they can recoup the acquisition costs from back then, that would be about right."

"Recently, Sony released the financial statements of Samsung Colombia, which showed a decrease of $27 billion in its accounts."

"In less than five years, Sony will write off $27 billion in losses from its Colombian Samsung deal!"

As Aaron spoke, he took a sip of water. He didn't feel much pressure facing these Wall Street tycoons. In terms of wealth, all of them combined couldn't match his.

Thomas Labrick, chairman of Chase Manhattan Bank, which had previously collaborated with Dawn, expressed great interest. "Aaron," he said, "at MCA, Universal's losses are also substantial. Like that recently wrapped film, *Waterworld*, it's become a laughing stock in the entertainment newspapers."

"With our long-term partner Steven Spielberg going to build DreamWorks SKG, we're a little worried about Universal's future!"

Aaron shrugged and smiled. "What are you worried about? Worried that I can't bring Global back to life?"

"As you all know, the return on investment for Dawn is huge. In Hollywood, Aaron Anderson's name means box office success."

At this point, Peter Peterson spoke up, "After Dawn acquires MCA, it will issue convertible bonds for a new company."

"Furthermore, after successfully acquiring MCA, Aaron will immediately reorganize and then go public as soon as possible. The group will distribute preferred shares based on the amount of capital invested!"

Thomas Labrick nodded. “Chase Manhattan can provide at least $5 million to $7 million in cash loans.”

Subsequently, Merrill Lynch, Salomon Brothers and other banks also agreed to support it, on the condition that Aaron Anderson would guarantee Dawn's listing plan!
That evening, as they were leaving the hotel, Peter Peterson patted Aaron on the shoulder and said, "Dawn's performance in Hollywood is enough to impress anyone. We are very confident in acquiring the MCA Group."

Aaron smiled, "Even if we can't acquire it, I'm confident I can make Dawn the number one film group in Hollywood in the future!"

If Aaron does lose to Seagram, he will immediately shift his focus and launch an attack on TBS or CBS broadcast television.

Meanwhile, in Los Angeles, Long Beach, Jack Wells and Ronald Meyer meet at a private beach club!
"Jack, tell me, what do you want?"

When Jack Wells offered to help resolve his $1000 million debt, Ronald Mayer knew that the other party must have something in mind.
The former CAA agent's assistant has now become the head of several companies. Angel Security's clients are all over Hollywood, and it is one of the most prestigious bodyguard companies in the United States!

Jack Wells smiled. "You know, I've always been a Dawn employee. Now that Dawn is acquiring MCA Group, their biggest competitor is Seagram."

“You know better than I what position and role CAA holds in this matter.”

Ronald Meyer had already guessed that Jack Wells had come to him because of Aaron Anderson's desire to acquire MCA;
With Aaron Anderson's wealth, he could easily provide a $1000 million loan to help himself through a difficult time.

“Jack, as you know, Michael Ovitz handled all the CAA acquisitions; no one else could get involved.” “In this Panasonic sale of MCA, the main intermediaries were Michael Ovitz and Herbert Allen.”

"Nobody knows what agreement Edgar Bronfman Jr. has with Michael Ovitz!"

Ronald Meyer was also quite helpless, so he went to Japan to meet with Panasonic executives and handle the various agreements for the transaction.

Michael Ovitz handled all of these aspects himself. Although he was the president of CAA, his main management business was artist management.

Jack Wells frowned. "We need more information from Scragran, such as the Bronfman family's attitude towards MCA, their acceptable price range, and their handling of DuPont's stock, etc."

"You're the president of CAA, and a longtime friend of Michael Ovitz, so I'm sure you can get some information!"

Ronald Meyer was about to speak when Jack Wells waved him off, “Tomorrow, go to Westpac Bank, they will offer you a $1000 million low-interest credit loan.”

As he spoke, he glanced at Ronald Meyer, adding, "With Michael Ovitz in the CAA, you'll never get a chance. He gets 6% of the CAA's profits, and you and the others only get 4%."

"Are you really willing to accept this? If Dawn successfully acquires MCA Universal, with Aaron's abilities, he will definitely be able to dominate Hollywood. You should understand what I mean, right?"

Ronald Meyer smiled. "What if Dawn's acquisition fails?"

Jack Wells scoffed, "Ha, the acquisition failed. You don't think just any rich kid can run a major Hollywood film group, do you?"

"With Dawn's current momentum, who in Hollywood can stop it?"

Ronald Meyer pondered that he definitely couldn't afford to antagonize Aaron Anderson no matter what. Regardless of whether Dawn could acquire MCA, Dawn would surely have a place in the future of Hollywood!
He nodded, "I'll let you know if there's any news, but don't get your hopes up too high."

“There are a lot of inside information that only Michael Ovitz knows, and he won’t tell me.”

Jack Wells scoffed. "Alright, just mind your own business. You should probably avoid Las Vegas as much as possible!"

After Ronald Meyer left, Jack Wells shook his head, wondering how Aaron could possibly think a gambler could be of any help.

A while later, Jack Wells and his girlfriend Uma Thurman left the club together. "Is he filming a new movie again?"

Uma Thurman nodded. "Yes, it's a romance film!"

Jack Wells glanced at the other person. "The success of 'Pulp Fiction' has certainly boosted your popularity considerably."

"Especially that movie poster of you lying on the bed with your legs crossed, a cigarette in your mouth, and a dreamy look in your eyes, will definitely become one of the classic posters in film history."

Pulp Fiction also features actresses such as Madonna Ciccone and Christina Yerry, but the most stunning performance is undoubtedly that of Uma Thurman as the mob boss's mistress!
(End of this chapter)