In the following two weeks, Firefly, with the assistance of the Morgan Stanley acquisition team, successfully completed Disney's stock repurchase work. On February 5, 1992, Disney officially announced its privatization and became a wholly-owned subsidiary of Firefly Pictures.

During this period, Universal Pictures, controlled by the Japanese Panasonic consortium, signed an agreement with Michael Eisner, who had just left Disney, to appoint Michael Eisner as Universal Pictures CEO, and former head of Universal Pictures, Sid Himberg, was fired.

Sid Himberg has been in charge of Universal Pictures for nearly 20 years, and its power in Universal Pictures has been deeply rooted and has discovered a large number of famous filmmakers such as Spielberg. Like Sony, Japan's Panasonic consortium is concerned about the rebound of the American people. In the two years after the acquisition was completed in 1990, the degree of delegation was even greater than that of Sony to Colombia. Panasonic has basically not participated in any decisions made by Universal Pictures.

Although Sid Himberg is not just squandering himself and not interested in running a film company like Peter Cooper in Colombia, as a businessman, Universal Pictures' performance in the past two years has not only not improved, but has shown signs of a significant decline. Sid Himberg himself has used Universal's resources to make a lot of profits.

Panasonic's senior management realized that if this continues, the acquisition of Universal Pictures would be their biggest failure. In order not to make the situation worse, they seized the good opportunity of Michael Eisner's resignation from Disney and began to significantly adjust Universal's management.

Because of Sid Himberg's deep-rooted influence, Michael Eisner's process of taking office was not easy at all.

"In the week Michael Eisner took office, 14 senior executives of Universal Pictures were fired." Eric pushed a newspaper in front of Jeffrey Carsonberg, who had just walked into the office.

Anyone who knows Katzenberg knows that he is a very arrogant person. However, Katzenberg sat opposite Eric with a smile on his face, at least with a respectful look on the surface.

After taking the newspaper handed over by Eric, Carsonberg quickly browsed the news on it, he said: "It is necessary to do this. Many senior executives of the Global World have followed Sid Hid Hid Hid Hid Hid Hid Hid Hid Hid Hid Hid Hid Hid Hid Hid in more than ten years. If Michael doesn't do this, it will take less than half a year to leave the Global World. And Panasonic has to honestly invite Sid Hid Hid Hid to Hid."

Eric held a pen and wrote and painted on the manuscript paper in front of him as if nothing had happened, and asked casually: "Disney has many Michael promoted now. What do you think I should do?"

Although Eric asked casually, Katzenberg cheered up. For more than half a month, Disney's CEO position has been vacant. Many people are speculating on who the next Disney CEO will be. Rumors are spreading. Some say Eric will personally serve as Disney CEO. Some say that the successor is Disney's current president Frank Wells, and there are even rumors that Fireflies will appoint Walt Disney's nephew Roy Disney as the new CEO.

However, Katzenberg got some hints from Barry Diller early on. He had been making relevant preparations quietly during this period and did not jump up and down like some people.

The biggest problem Disney is currently facing is that at the beginning of the acquisition, the "Golden Parachute" plan approved by Disney management with a total compensation of up to $500 million, which means that within two years, Fireflies will not be able to make too much changes to Disney's senior management.

"Eric, Disney is very different from Universal. Universal has been run by Sid Himberg for 20 years and is completely a piece of iron barrel. At the same time, Sid Himberg was once the major shareholder of Universal. Panasonic moved Sid Himberg, which was equivalent to touching the interests of many people in Universal. But Disney is different. Michael did personally promote many people, but Disney is not his own world. In addition, Michael's current focus is on Universal, and he will not make too many experiences to make trouble for Disney. As long as we move forward according to Disney's established development track, there will be no problem. I think even if someone can't help but want to make trouble, Firefly can still get the compensation for one or two people's resignation compensation?"

Eric looked at Kasenberg, who was talking and asked with a smile: "Do you understand?"

Carsonberg was slightly stunned, nodded slightly awkwardly, and said, "Barry gave me some hints."

"Since that's the case, then many things can be said to be open," Eric put down the pen in his hand and leaned on the back of the chair and smiled: "The reason I'm talking to you until now is because I've been a little confused. I don't know if handing over Disney to you will turn into a disaster."

Katsenberg shook his head confidently: "I promise absolutely not."

"Jeffrey, you know, this promise has no effect, and your personal ability has no problem. Over the years, 9 of the 11 films you have hosted have achieved profitability, which is definitely a miracle in Hollywood. And Barry has recommended you to me personally, but, okay, do you know where your problem lies?"

Carsonberg's lips moved, and Eric did not force him to say it himself, continuing: "I heard that you forced the studio staff to hold a meeting more than once at 7 o'clock on Sunday morning, and many people attended the protest in pajamas. Moreover, your relationship with Roy Disney, of the Disney family, is also bad. If you are in charge of the production department, this situation will not have much impact, but if you are a Disney CEO, it is hard to imagine that all employees will not like your behavior. What kind of terrible consequences will be caused by the style of things?"

"I can change it, Eric, give me three months," Katsonberg said without hesitation.

Eric raised his eyebrows and asked, "Three months?"

Katsenberg nodded again: "It only takes three months. If I can't change within three months, I will get out of here."

Eric looked at Carsonberg's expression and felt almost relieved. For a person with extremely strong self-control, since he said such words, it may take less than three months for Carsonberg to make changes.

Eric stretched out his hand and said, "Okay, it's only three months, but I still want to remind you that in addition to Michael's 30 million resignation compensation, Fireflies will not pay another penny for the Golden Parachute Agreement. This is also a test for you. You need to live in peace with the elderly left by Michael. And it must not affect Disney's operations, otherwise you will fail."

Katzenberg hesitated for a moment, and nodded quickly.

Eric smiled satisfied and said, "We will talk about your treatment later. Now, you can talk about your thoughts. Since Barry has revealed the news to you a long time ago, I think you must have made relevant preparations, right?"

Carsonberg said concisely and clearly: "I want Pixar."

After the success of "Toy Story", all Hollywood film companies have basically seen the potential of 3D animated movies. Since "Toy Story", Pixar Studios has faced several poaching frenzys. Even John Lasseter has been in contact with it. Fortunately, Eric took appropriate measures and Pixar did not hurt his bones.

Before "Toy Story", animated movies were monopolized by Disney. Since Disney was acquired by Fireflies, in order to maintain its original monopoly, it is normal for Katzenberg to propose this condition now.

Eric said: "You don't need it. Starting from the next animated movie, all Pixar's works will be handed over to Disney for distribution. At the same time, Pixar's animation brand management and derivative development will be operated by Disney."

"Eric, I read some Pixar information. Don't you think Pixar's efficiency is too low?"

"A movie that takes an animated in two years is indeed a bit low, but Pixar is taking the boutique route. Moreover, as the president of Disney Studios, you should know that animated movies can't be fast even if you want to."

"But at least one animated movie a year should be fine. Computer production is much faster than manual?"

Eric remembered that in the original time and space, the DreamWorks animation founded by Katsonberg was famous for its high yields. However, except for "Monster Shrek", DreamWorks animation has not produced many fine works, which may be the result of too much attention to quantity.

"Jeffrey, isn't Disney's animation studio also making animations? The two studios together can also be said to be a movie every year on average. By the way, when it comes to Disney's animation studio, you must have seen the potential of computer animation, so I like to use three years of extra time to digitize all the original hand-drawn methods of Disney's animation studio."

"You mean, you have fully moved into 3D animation production, but now Disney has 600 hand-painted animators. If the reform is made, these people can...

Eric shrugged: "Jeffrey, if any industry cannot follow the trend, it will only face elimination. I give three years to go, and it is already very abundant. They have enough time to receive training. If they still can't adapt in the end, then I can only say regrets."

In the original time and space, "Toy Story" was a great success, which directly announced the decline of Disney's hand-drawn animation. Except for the subsequent "The Lion King", Disney has never had a 2D hand-drawn animation movie that has reached the box office rankings.

"Okay, I'll arrange it," Kasenberg nodded and replied.

After this conversation, Eric quickly announced his appointment with Kasenberg. Although this appointment made many people dissatisfied, Disney was generally calm compared to the hardships of Michael Eisner's trip to Global.

Many people are worried that after taking over Disney CEO, Katzenberg will do things according to his original style and even prepare to resign in the face of high pressure. However, in less than a week, many people found that Katzenberg's management style has changed a lot, no longer so unscrupulous and will even say "thank you". This is a shocking thing. Because Katzenberg never said "thank you" to others at work, and in his own words, he was not rude, but he was unwilling to waste this time.

After appointing the new CEO, Eric finally felt a little more relaxed and didn't have to put too much energy on Disney. Although the acquisition has been initially completed, it will take at least half a year for the remaining transactions to be handed over and integrated. These things are still the responsibility of the Morgan Stanley team. Eric is not only relieved to this professional acquisition team, but also covets it. Unfortunately, Firefly Investment cannot afford such a team now.

"Not only can't afford it, we don't need it," Chris said while having dinner in the restaurant at the Spike Manor.

After completing the acquisition, Chris will also return to New York. Eric specially practiced it for Chris at the Sharp Corner Manor. In addition to Chris, Chris's girlfriend Emily Brighton also appeared on the scene because she went to Los Angeles for business.

"I'm just saying that although I can't afford it now, I will definitely use it sooner or later," Eric retorted.

Chris smiled and said, "Maybe, Eric, what do you plan to do next? Our funds are less than $1.5 billion, which is not enough to pay off the debt left by Disney. Moreover, I don't recommend you to pay off your debts. During the business operation, an appropriate level of debt is necessary. Compared with Firefly's current market value, $2 billion is only equivalent to a debt ratio of about 25%, which is the lowest among the seven major Hollywood film companies."

Eric thought for a while and said, "Actually, I have considered it too. Since I can't pay off my debts, then invest. Alas, it's just a pity. Last year, the Soviet Union collapsed and we couldn't take the opportunity to make a fortune."

"Don't think about this, the Soviet Union's fat piece is not something we can get involved in. This is a world-wide plunder. In order to prevent the possible affiliatedness of the Soviet Union, behind this incident is the manipulation of the governments of European and American countries," Chris said, unable to help swallowing, picked up the red wine in front of him and took a sip, and continued: "In just half a year, the ruble has depreciated by 110,000 times. The nearly 28 trillion US dollars of wealth accumulated by the Soviet Union in 80 years have been plundered by people for only a few hundred million US dollars. It feels exciting to think about it."

Sitting beside Eric and having been quietly acting as a lady, Jennifer Connery couldn't help asking, "Hey, what are you talking about? Why don't I understand?"
Chapter completed!