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Chapter 1484: The third Disney battle(1/2)

‘We will support the division of chairman and CEO positions at tomorrow’s shareholder meeting…’

After the closing, Disney shareholders jumped out to agree with Goldman Sachs' suggestion. The old white man who spoke in front of the camera was the manager of the California Civil Service Pension Fund. Such institutions that rarely make public statements but have huge influence have made a statement, which basically means that the general situation is settled.

This old white man used to be a hardcore supporter of Eisner. He used to be a nest of snakes and rats, but Disney's market value fell by 30%, 16%, and 7 billion in ten trading days... No matter how good the friendship is, it will not work.

Moreover, Goldman Sachs Chairman Paulson is likely to have used the means behind the scenes, and time is no longer enough to figure it out.

Since tomorrow's shareholders' meeting does not discuss the agenda of the positions of chairman and CEO, it means that shareholders will express their anger by collectively rejecting Eisner's re-election as chairman and CEO, that is, the vote of distrust is basically equivalent to the impeachment of the two houses of the former chief's scandal after the outbreak of the scandal.

Although the money from this party has been in, it is bought after the shareholders' meeting registration date, so I can't help at tomorrow's meeting at all.

A+ Copyright and Asset Management Company and New Jersey No. 1 Bank currently own a total of 0.86% of Disney's shares, which means that 350 million yuan was thrown in a short period of time. The next day, after encountering a huge amount of money, they stopped the loss after finding it impossible. Based on today's closing price, about 30 million yuan has evaporated.

It’s that damn Paulson again... How much did Goldman Sachs make in these ten trading days!?

Thinking of this, Song Ya grabbed Xue Linfen and Mira's hair one after another, opened and closed her eyes, and ignored their begging for mercy that kept slapping their thighs.

"Did Eisner agree? How much hope do you think you have after tomorrow's shareholder meeting?"

After fastening his nightgown and belt, Song Yalong, who hurried to Beverly Hills, walked out of the bedroom and continued to do serious work. He asked Linton: "Since the establishment of a chairman and CEO is a foregone conclusion..."

A small loss was lost in a battle to save the market, but there was another chance to win in the defeat. Since Eisner must reveal one of two positions, wouldn't Linton take the opportunity to get on the throne?

Isn’t this the ultimate goal of being a hardcore royalist party?

Otherwise, why would it be so tired to lick Eisner for so many years?

"I'm trying my best...yes, there's a greater possibility that the CEO position is better and the likelihood is greater...but the chairman can accept it, in short, I'm trying my best."

It's already very late now, and Linton is still moving around the living room excitedly, "What's the point? I think if Eisner wants to retreat to the chairman, then I'm the CEO means he still has absolute control over Disney. We will work together to show it to the outside world. If he wants to retreat to the CEO and continue to firmly control the company's operations... Then my chances are smaller. My age, qualifications and performance are a bit difficult to convince the public. The outside world will definitely question it wildly. Moreover, Eisner's power tycoon also knows in his heart that if I really become the chairman, it will be difficult for him to hold me back in the future..."

"Your competitors are still those old faces." Song Ya poured him a glass of strong wine.

"Yes, yes, Robert Iger is almost impossible to become chairman in one step, but there are the highest calls for him to take over as CEO. The ABC department is his strong backing. Jobs has already suggested with his actions that he would support him. Then after he gained the right to operate Disney, Pixar Animation is likely to reach a certain degree of compromise with us to solve the biggest hidden dangers of Disney back then. Shareholders will definitely be happy to see it."

Linton took the glass but couldn't remember to drink it at all. "George Mitchell is a politician and does not know how to manage it at all. He has the biggest advantage of taking over the chairman, that is, he is almost 72 years old, and he has no energy or power to insert his hands into the specific management of Disney departments. It is hard to guarantee that Eisner did not intend to launch George Mitchell as a shield for two years. After this crisis, he would drive George Mitchell away and take power again. He had not done this before, for example, after driving Carsonberg away, he found his former friend Orwitz, and then drove him away ruthlessly after the heart surgery was successful."

"Is it impossible for Roy Disney to come back?" Song Ya asked.

"It's possible, but Roy's return means Eisner has completely lost his fighting spirit and intends to bow to the enemy and pave the way for retirement."

Linton replied: "Put it in his shoes, Eisner's best solution is to let George Mitchell take over the chairman."

"In addition, the Weinstein brothers also support George Mitchell." Song Ya reminded calmly: "This means George Mitchell is not completely without influence in Disney's management affairs."

"right!"

Linton became more and more excited, "But my opinion is different from you. APLUS. This! This is George Mitchell's biggest failure so far! The public support of the Harvey brothers will make Eisner doubt George Mitchell's true strength, and Eisner hates Harvey very much, and this is even more so after Harvey's open words and rebellion. The Harvey brothers' Miramax and Dimen Pictures are just small roles within the company..."

After discussing the two, they finally agreed that the chances of winning were very high. Behind Linton was his own record and A+ entertainment department, plus the Disney copyright company he directly managed, and the Bowei Pictures, Touchstone Pictures, Brookheimer Film Studio and other live-action film gangs that he fought for. The strength should not be underestimated.

The two then made up their minds to call Eisner and requested an overnight visit, but the reply there was that Eisner had already taken medicine and slept and would go directly to the shareholders' meeting tomorrow.

Whether it is Robert Eiger, George Mitchell or Roy Disney, it is impossible to persuade him to retreat at this time, so... he has nothing to do with waiting.

"Everyone! Please take your seat as soon as possible, thank you..."

On March 3, 2004, Eisner, wearing a light-colored suit and meticulously backed, sat in the center of the rostrum, silently scanning the venue.

Disney shareholder representatives are already taking their seats one after another. The big guys will not come to such occasions in person. They will send agents, plus the small shareholders who are good at it, so most of what he sees is a new face.

He is in good condition today, not forcing himself. His spirit and body are indeed at the peak in recent years. For the king who has experienced many battles, the greater the pressure, the stronger the fighting spirit he bursts out.

"Please don't bring unrelated items..."

"No! No!"

At this time, a small commotion occurred in the venue. The staff wanted to take away a placard made of cardboard in the hands of a middle-aged white shareholder representative wearing a jacket and blue-collared jacket.

The middle-aged white man held his arms tightly and refused to let go. As he fought, the back of the placard was lifted up, and the words "Michael Get Out!" came into Eisner's eyes very clearly.

"Michael gets out! Michael! gets out!"

The placard was eventually snatched away by the staff, and the middle-aged white man simply raised his fists and shouted slogans. It should have been planned. Soon some representatives gathered around him, becoming more and more neat and louder.

"No, no..."

Pediatrics! Eisner turned on the microphone and stopped the staff from driving the troublemakers out of the venue, "Let them stay and keep quiet." He then faced the middle-aged white man calmly and said, "There will be a chance for you to speak, I promise, but please apply to the staff according to the general meeting of shareholders for thanking me."

With such a generous attitude, it would be too much for another quarrel. The group of people sat down in groups and finally calmed down.

At this time, someone handed over a document, and Eisner took it in his hand and looked at it casually. The data showed that the total shareholding of all the shareholders who attended the meeting today was as high as 52% of Disney's total share capital. This ratio was very amazing, and it also meant that almost everyone wanted to see changes today.

"Ahem! Ladies and gentlemen..."

The shareholders' meeting has been hosted for many times. As soon as it comes, Eisner clears his throat and starts. Yesterday, he saw the California Civil Service Retirement Fund Manager jump out of public words, and cut off all external contacts. He knows that the probability of fantasy reversals today will no longer exist.

He locked himself in the house, licked his wounds alone, focused on his thoughts, and had a good rest all night. In any case, he had to keep his decent today, and then...

In fact, what a big deal is it to be passed by a vote of distrust? After all, the shareholders' meeting cannot replace the board of directors. It is two different things to do with the real control of the company's operating rights. He understands all the ways of playing a senior manager.

No matter how difficult the situation is, there is always a way.

"I'm very happy to see that last year the company's total fiscal revenue was 27 billion yuan, and its net profit was 1.677 billion yuan..."

He first reported the good news, "Our film business and ESPN Sports continue to provide record growth... Our record distribution business is the best of all its kind."

"Our debt scale is also very healthy, and there is reason to believe it will be reflected in the stock price soon..."

The big guys who watched live broadcasts in the venue and everywhere in the Mid listened quietly to him hinting that Disney's market value was not only at the current price, and as for the focus of power being too focused on him, he didn't mention a word, nor could he mention it.

But after all, the vote on his re-election of chairman and CEO will begin after one boring agenda.

"Mr. Chairman, before your re-election vote, I want to recall the late Mr. Frank Wells with you. When you and Frank came to Disney in 1984, I remember calling you "Firefighting Captain" in the media at that time, because Disney's market value was less than 2 billion knives, and you did. Now Disney has a market value of tens of billions and is a great comprehensive media company... On behalf of all shareholders, I pay tribute to you and the late Frank Wells."

An old white male representative came up and flattered him, which also led to the audience applause.

"Thank you, thank you..."

Eisner squeezed out a sad smile, as if he was also commemorating his old partner Frank Wells who died in the plane crash, but he knew in his heart that things were not that simple. The representative did not arrange it himself, and to help him, there was no need to mention someone who had left ten years ago.

Sure enough, the old white man changed his tone, "But after Frank left us in 1994, all shareholders, I think at least most of the shareholders who have accompanied Disney all the way can feel that you are becoming more and more arbitrary."

Eisner felt his restless heart start to beating faster in his chest, and he turned his head and glanced at his subordinates who were in charge of the order of the questioning session.

"I still remember that we always called Frank the 'good guy Frank' in the past. I also know that some people in Disney called Frank the 'Eisner's brake'. He would always correct your mistakes in time and appease your senior managers or partners who were offended by you. After Frank unexpectedly left us, you drove Carsonberg away in ten years. Carsonberg later participated in the establishment of DreamWorks and built DreamWorks animation department into a brand new and long-standing front-line animation film company..."

"Please pay attention to the time of asking questions." The subordinate reminded him.

"Okay, I'll finish it right away. Then your friend Orwitz, I agree that Orwitz has hardly done a good thing at Disney, but after his short Disney career, all shareholders paid hundreds of millions of meters for his severance payment..."

"What the hell do you want to say!?"

The true supporters of His Majesty the Emperor began to clamor behind.

"What I want to say is: Mr. Chairman, we respect you, but we also think that a new bridle must be put on your personal power at Disney. Disney needs a new pair of 'brakes', such as Chief Operating Officer Mr. Robert Eiger, who we all agree that his working style, character and personality are very similar to Frank Wells... and the only person who has the hope to leave Pixar animation at Disney."

"Yes! Yes!" Another group of people cheered up and echoed.

"That's why I promoted Robert to Chief Operating Officer, I like him better than you."

OK, I understand, Eisner smiled and took the conversation calmly, "After Disney acquired ABC TV, I became good friends with him. Although ABC TV has always been an instability factor in our financial balance, I agree that he has done very well in every job handed over to Robert. Every helm of a multinational company needs to be carefully trained. I promise that over the years I have provided Robert with all the help I can help is guidance. I believe that if he is that brake, when he puts him in the right place, he will play the role you expected and he will be competent."

"This old fox!" A subordinate of Jobs who watched the live broadcast cursed angrily.

"It's useless, everything depends on the voting, and the overall voting situation is decided," said Larry Ellison.

"Just vote after the break."

After a real 'entourage' helped to beat the side drum, Eisner announced a temporary rest.

Jobs took out his cell phone and waited, but after a while, Eisner's call came, "Michael."

"Steve, if I didn't choose Robert Iger as CEO, would you renew your contract?" Eisner made a single shot.

"No." The final negotiations were made, and Jobs was determined.

"Where can you go? Pixar and Disney are almost in one, Toy Story series, Find Nemo series, all the sequel plans, Cars and other projects in development, all these…"

Eisner threatened: "MGM is on the verge of bankruptcy, and the other five Hollywood majors have also established their own animation production and distribution systems over the years, Universal and DreamWorks, Fox Films and Blue Sky Studios..."

"You know what kind of person I am, Michael." Jobs interrupted, "If I'm afraid of taking risks..."

‘Dudu…’ A blind voice came from the phone.

"George." Eisner called George Mitchell again, "I'll let you be the chairman, do you promise you and Harvey can bring Katsonberg's DreamWorks animation department back to Disney from David Geffen and Spielberg?"

"I don't want to lie to you, but I promise I will do my best." George Mitchell replied.

"This answer seems unsatisfactory..."

"Wait, Mr. Paulson wants to talk to you." George Mitchell handed the phone to Paulson beside him.

"Is there a voting agenda for George to be re-elected as an independent director in today's shareholders' meeting, right?" Paulson asked directly without nonsense.

"Yes."

"Okay, I support him, I will let you see our influence at Disney, you need George, not vice versa... Michael." Paulson said and hung up the phone.

"Of course it's good for Linton to take over as CEO. I don't have many friends at Disney, Mr. Eisner."

Song Ya also stated: "I don't want my business to be exposed to the guns of Jobs or Paulson, so...yes, if that happens, I will leave. You know me, I've never been a pure animal of interest."

"Linton." Before he returned, he called Linton and his confidants to his side, "Let our people do their best to stop George Mitchell from being re-election." He did not explain to his subordinates who showed an incredible look: "Go and do it now!"
To be continued...
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