hollywood billionaire

Chapter 102 The First Board of Directors

Author: TrojanRW

Chapter 102 The First Board of Directors

Tuesday, May 2, 2016, the weather was clear.

At 8:47 am, the sky in Los Angeles still maintains its most classic posture, with a few hanging clouds dotted on the blue canvas. There are many unsatisfactory places in LA, such as poor road maintenance conditions.

The title of the capital of homeless people in North America and the endless outward urban development plan that extends from a pancake style have been criticized in the past few decades.

But no matter how strict the critic is, it is impossible to have any disagreement with the weather in Southern California.

Just as Frank Lloyd Wright said, turn the world around and everything is beautiful in Los Angeles.

Every time he wakes up against such a scenery, Han Yi will sigh in his heart, what a correct decision it was to finally choose the latter between New York and Los Angeles.

It definitely has nothing to do with NYU's US news ranking at that time.

With wonderful and messy thoughts floating in his mind, Han Yi smiled and nodded at Kian Griffin, opened the car door amid the other party's farewell "See you back, boss" and walked towards UTA ​​Square standing next to the municipal road.

Everything is no different from the first visit here a month ago.

Except for those who endure the congestion of morning rush hour, come to work on time.

The performance agency industry has three characteristics: randomness, suddenness and globality. You don’t know when the organizer will send a formal performance offer, nor do you know which performance of the contracted client will have problems at what stage.

I can't figure out where the weird cities in my email are located.

Excellent performing arts agents, especially those with many management clients, have their own biological clocks and working hours. Some people have close ties with organizers in the Far East, and their active time will be moved backwards and sent in and out in the middle of the night.

It is normal for email to handle all kinds of matters. Some people are mainly responsible for performances in Europe, so getting up early is a must-have good habit, otherwise they will miss many invitations from London, Amsterdam or Ibiza.

As for other areas? There are not many performances in those places that can allow UTA agents to accommodate them.

It is precisely because of the special nature of the performing arts brokerage industry that United Artist Brokerage companies have never had a unified working hours, and there is no traditional attendance system. This is what is called "flexible hours" in job advertisements. Each agent himself

Choose the specific time of work as long as it can meet the duration requirements.

When Han Yi arrived at UTA Square, the agents in charge of Europe were already sipping coffee in the cubicle, while the agents in charge of the Far East were likely to be immersed in their dreams and it was not until lunch time was late.

At this moment, those who are stepping on the ladder with Han Yi are basically rookie agents who have just joined the company, as well as non-sales-type employees who are responsible for back-end business or administrative affairs.

Most of these people have not received invitations to welcome parties, nor have they seen this young Chinese rich man who holds 41% of the shares in reality. Therefore, they have been passed down by word of mouth in the tea room and lunch table.

Yi is the most exaggerated version.

Some people say that Han Capital is a subsidiary of Temasek Holdings, which is specialized in the investment in the entertainment sector. After all, since 2010, Temasek has had multiple pan-entertainment acquisitions jointly conducted with capital management groups in North America. Some people only use two companies.

The company's first letter equates Han Capitals with the high-spirited HNA Group. The latter's tourism group has just bought a resort hotel that is about to go bankrupt in Cohnxon, New York, which is widely interpreted by the market as an entry.

The test of the United States.

Of course, a considerable number of people are influenced by the special report of the Guardian David Simpson, who believes that Han Yi, who has a mysterious background, should be a representative of the will of the Far Eastern countries. After all, on the eve of the storm in 2016, most people could not predict how many years it was.

The fierce wave that came later. If the world would continue to develop upward in a spiral upward trend, then the current script should have progressed to the step of "Japan's massive acquisition of American entertainment assets."

No matter which version of the story everyone accepts, they always look at Han Yi with curiosity and speculation about the mystery and natural awe of the unknown. Most people who pass by Han Yi will involuntarily

Look at him more and subconsciously distance him. A small number of people who are active and outgoing or are active in nature will do the opposite, get close to him, say hello, and hope that this will become an internal director of UTA in the future.

And power-dominated Asians can remember their appearance.

"Good morning, Mr. Han."

"Good morning."

Han Yi looked away from the screen of his phone and looked at the young blonde agent who reached out to him, looking forward to his hopes and nervousness, showing a friendly smile.

In less than three minutes from the street of Municipal Road to the main entrance of No. 9346, Han Yi had already shaken hands with five or six such UTA agents and asked him. But unfortunately, he didn't remember his name alone.

It’s not that Han Yi is more jealous than the top, but that he is a person who is focused on his work. His thoughts are now all on text messages with Antoine Jiashe, chief investment officer of Han Capital.

Yesterday, Han Yi's $399 million investment portfolio in Carlyle Group officially expired. All of this funds were deposited in Carlyle Realty Partners IV, which was established in 2005 and ended its life cycle in early May 2016. This is a subsidiary of Carlyle Group.

A private equity fund located in Washington, DC, specializing in finding investment opportunities in the real estate sector in the United States. Although it is a real estate investment fund, it involves consumer goods, manufacturing, industrial and other commercial products and services in actual investment targets.

IBM's personal pension plan is the largest institutional investor of the fund, and Han Yi, undoubtedly, is the largest individual investor among them.

According to their feedback, the rewards that appear in a capital management group do not have to be kept in the group's private equity funds. As long as they are related to career development, it is okay to use them yourself. Therefore, Han Yi's choice

, it is to take out $50 million and then inject capital into Han Capital. The specific compliance operations will be completed by Antoine Garsher, Jordan Bromley and Lou Taylor.

Han Music, Han Distribution and Human Management, as well as the unset live performance companies, will develop leapfrog development in the next foreseeable period, and it is crucial to ensure that there is sufficient working capital in the company's account.

After all, it is unlikely to pay from other channels whether it is the advance payment of contracted artists and creators or the production costs of Mad City.

The other $349 million is still the favorite of most American companies and capital management companies. Antoine Gasher, Delaware, is currently supervising Carlyle Exclusive Partner III in Wilmington City.

, or the establishment of the Carlyle Exclusive Partnership No. 3 Fund.

Although the funds jointly established by Baihui Capital are all within the category of partnerships, there are obvious differences between the two in terms of the actual structure of the company.

When acquiring UTA, Han Yi had insufficient funds and had to reach a joint investment agreement with Baihui Capital to advance the acquisition progress. However, for Carlyle Group, Han Yi's $349 million in cash was more than enough.

Acquisition of 55% of Mad Decent's equity will cost $36 million, and the final transaction price of Hartbeat's 25% equity will be 25 million. In addition, Austin Rosen of Electric Feels will take 52 million, and Halsey Inc. will acquire Dua Li

Pa manager Ben Morson's artist management company TaP also needs another $15 million.

These acquisitions and investments, combined, cost a total of US$146 million.

Less than half of the initial funding of CEP III.

The remaining 203 million US dollars is enough in the short term. In addition to Sony Pictures' slate deal, Han Yi will focus on consolidating and developing existing assets in recent months, rather than continuing to wield

Checks merged in large quantities.

He has already had contact with investment targets that he hopes to acquire. The assets that have not yet taken action are not something that HMG and Han Capital can now eat.

The reason why you can't eat is not only because of the limited capital, but also closely related to business performance, industry status and the general environment of the times.

The simplest example is Bob Dylan, now he will never give up Han Yi's acquisition invitation.

Only when the Live Aid 2016 version discussed with Jimmy Yowen and a series of subsequent operations can be implemented can this slim hope be improved a little.

Therefore, this time, Han Yi invested 100% of the capital with Carlyle's LP. Carlyle Group is only the management party, with three senior partners as the nominal fund manager and occupies 1% of the management shares. The actual trader is

Antoine Garshe, CEO of CEP III, is the partnership.

In return, Carlyle Group will receive 2% of the total amount of managed assets as management fees every year, and 20% of the net investment profit as "subject income". Carried interests, speaking people's words is commission.

This is the protection fee that Han Yi gave to David Rubinstein. The business is getting bigger and bigger in the United States. A resident at 1001 Pennsylvania Avenue will not cause unnecessary trouble.

Of course, paying protection fees is not the only purpose of this LP.

It has other uses in future career planning.

"After the establishment of CEP III, I will come to Los Angeles immediately to deal with those acquisition cases... The email group you pulled me into seems to have a TaP missing."

"Oh, sorry, I'll add you in afterwards. There are so many groups."

"It doesn't matter at all. Also, if possible, I hope to meet Mr. Bromley, Ms. Taylor and Mr. Gelvander as soon as possible to get in touch with the details of the agreement and the specific operation process. After all, we must use LP first.

Come to invest in Han Capital, Han Capital invests in HMG's subordinate companies, and then these companies complete the acquisition separately... Americans have a lot of trouble."

"Isn't it? I have to work hard for you, Antoine."

"Honored, Mr. Han."

"By the way, after arriving in Los Angeles, do you have a place to live?" Before he could reach the elevator door, a pretty executive girl diligently illuminated the upward button for him. Han Yi once again raised a polite and polite smile and turned sideways.

Walk into the car.

"It's been found." Antoine Jiashe smiled heartily from the other end, "You've heard of it not far from the company, not far from Century City. West Century Road?"

"Wow, man of culture, Mr. Jiashe." Han Yi raised his eyebrows and joked, "It's the best apartment in Century City with one move."

"The French have two things that cannot be settled, accommodation and food." After the talk, Antoine Gysher also entered the chat mode, "And, my girlfriend will come with me, and the children will occasionally come to see me.

, and also have to bring a few cats with you...so you have to find a three-bedroom... When Mrs. Jiashe arrives in Los Angeles, you and the two ladies will definitely be visiting at home."

“Provence Hotpot?”

"Provence Hotpot, sir. And the best Daube nioise that I have eaten in my life."

"I don't even know what that is."

"This is beef stew...thick..."

"Hey? Jiashe?"

Any elevator in the world has miraculous effects on isolating signals. Han Yi had to hang up the phone and sent Antoine a message to contact him later. After doing all this, the elevator happened to arrive at No. 9346.

Top floor.

As soon as the car door opened, a familiar loud voice poured in like a tide.

"Tricky, Tricky, listen. Tell Astralwerks that they might be able to release another album for Holsh, but Han Music must be involved in A&R work."

"...Process, what process? It's my process to help them sell 500,000 more albums! Don't use those bad routines to ruin my artists...Ok, no problem, just do it like that. I'll follow me later

You said, the boss is here.”

"Good morning, Yi." Carrying the phone away from his ear, Karen waved his hand at Han Yi.

"Good morning, Karen." Walking to Karen, Han Yi glanced at the half-open conference room door behind the other party, "Are they all here?"

"Peter Benedek and David Kramer have not arrived yet, everyone else is inside... And I'm waiting for my boss here." Karen Guo spread his hands, lowered his voice, pretending to be mysterious

He blinked, "Tell me, boss, who are we going to tear apart today?"

"No one needs to be torn apart, we are here to observe today."

Han Yi shook his head with some amusement and replied. For the first time, Han Yi would not take the initiative to speak, nor did he have an agenda to start. What he was more interested in was the operating conditions of the United Artist Brokerage Company in the last quarter and the tripartite forces.

How will it perform on the board of directors after Baihui Capital and Han Capital join.

In other words, there will be no big moves, and small actions will definitely be full.

But there is no need to tell Karen Guo about this small operation. This time, Han Yi only needs her to be an audience honestly.

"Just enjoy your first board trip. Supervise them, and have a small meeting with Warnock of the music department to talk about our artists' tour plans... and then, please go and have a meal of Tsujita."

"Thank you, Yi." Karen nodded and said seriously.

"Oh, just a Tsujita, there's no need to be so polite."

"No, not this." Karen smiled, "I mean, thank you for nominating me as a director of UTA, which means a lot to me."

Directors of United Artist Brokerage Company have the right to vote, but in most cases, there is not much room for play. However, the titles of internal directors of the four major Hollywood performing arts brokerage companies are enough for Karen Guo to be full of Han Yi.

Thank you.

Karen has been working hard in the industry for nearly 20 years and has been in the position of A&R executive for more than ten years, but today is the first time she has been nominated and officially elected as a director.

Moreover, he is a director of a world-class entertainment company.

From senior working person to attend consultant.

This qualitative leap took twelve years to achieve in Island Def Jam. After all, she could not really enter the core circle of this record group because even her Bole

, it is just a mercenary hired.

But in Han Music, less than a month later, her name appeared in the press release of Industry News with Han Yi.

This time, it was not "Karen Guo accepted the invitation from Han Music and became the head of the A&R department."

Instead, "UTA Chairman Jim Berkus announced: Three internal directors join the board."

When she forwarded the news from The Hollywood Reporter to Facebook’s homepage, the record-breaking speed of likes and the tide of congratulations made her regain her life since Only Girl (In the World)

The feeling of satisfaction and accomplishment that is hard to understand.

Maybe this is the importance of choice.

Thinking of this, Karen Guo looked at Han Yi with a softer look and more respectful look.

It is not difficult to impress a person in just a few words, but if you want to make them more obedient in long-term interactions and working together, or even become a right-hand assistant like an arm, you must fully demonstrate your unique value and resources so that they can be with you.

Bath in the halo of the sky and enjoy the ultimate feeling that no one else can get.

Nominating Karen Guo as a director, not any other person from Han Music, such as Victoria White Mason, in addition to his similar cultural background and easy to communicate and operate, Han Yi also considered this.

He needs to use this method to allow the core leaders of the core department of the record company to gradually cultivate the centripetal force on himself.

Because, before the candidate for Han Music CEO is officially confirmed, he needs to confirm that the loyalty of each key character is to himself, not to anyone else.

Otherwise, even in a company with a clean and single equity structure, complex situations like UTA may occur.

Han Yi was very happy to stir up trouble for others, but it was absolutely impossible to let others snatch their own territory.

"Your resume deserves this honor."

Han Yi smiled encouragingly at Karen and did not engage in more entanglement on this topic. After all, if you want others to be grateful, the best way is not to always use this matter as a topic of flaunting.

Before Karen could answer, Han Yi quickly glanced at the two figures that appeared at the end of the corridor and whispered.

"Open the conference room door and walk in front of me."

Karen Guo Yingsheng did as he did. So, the eight people who were chatting softly indoors, waiting patiently saw Karen pushing the door open and Han Yi with a warm smile following behind him.

However, when Karen Guo took a seat in front of the name tag with his own name, Han Yi did not sit next to her. Instead, he seemed to subconsciously look at the direction of the corridor on the right, and then slightly surprised with surprise.

He opened his eyes wide, turned his body and disappeared from the eyes of everyone in the conference room again.

"Peter, David! Long time no see!"

The next second, Han Yi's warm greetings came from Jeremy Zimmer and Jim Berkus's ears.

(End of this chapter)