After the U.S. Department of Justice officially approved Daenerys Entertainment's acquisition of MCA, the pace of mergers that the two companies were already advancing began to accelerate.

Daenerys Entertainment continued to release various news about corporate finance and personnel in the following week, which was dazzling, so few people realized what this news meant.

At the press conference on the day the acquisition was approved, Daenerys Entertainment CEO Amy Pascal announced that Daenerys Entertainment's equity delivery to MCA shareholders will be completely completed before the end of February.

At the same time, all the funds used by Daenerys Entertainment to acquire the MCA will be obtained through loans.

The next day, Daenerys Entertainment announced that it would work with Hollywood legendary director Steven Spielberg at the same time, namely the dinosaur science fiction movie "Jurassic Park" and the Schindler's List, which tells the past of the Jewish Holocaust in World War II.

Although Daenerys Entertainment is not a listed company, the announcement of this cooperation has made the industry more optimistic about the new Daenerys Entertainment Group, which suddenly bears a huge debt of $7 billion. This is not only because of the cooperation between Daenerys Entertainment and Steven Spielberg, but also other meanings represented by the Schindler's List project.

Subsequently, Daenerys Entertainment CEO Amy Pascal, who is about to expire in March this year, announced a renewal.

This powerful Hollywood woman who helped Simon Westeros build the Daenerys Entertainment Group in just a few years. The contract renewal clause became the focus of the media and attracted various speculations for a while.

After a lot of discussions, the entertainment information section of the Igrit portal finally revealed the answer.

Amy Pascal's new contract, with a term of three years, has a basic annual salary increase to $750,000, and the share terms are consistent with the 1987 agreement.

The news from the Egret Portal is actually equivalent to an official announcement.

However, the interpretation of this contract has not stopped.

Most media originally predicted that Amy Pascal's contract period this time is likely to be the usual 5-year contract for Hollywood executives, and the contracts of several major Hollywood studios are the same.

Therefore, the 3-year period is very interesting.

Industry media do not think this is a sign that Amy Pascal may leave Daenerys Entertainment. Otherwise, Westeros would not have been able to give the female executive a compensation contract with the same 5% corporate net profit and the same amount of equity reward as four years ago when Daenerys Entertainment has expanded countless times.

You should know that the income dividend ratio of the helmsman of various studios in the industry is usually only 2%.

Even if Daenerys Entertainment will face great debt pressure in the next few years, it will definitely be a big deal if it shrinks its profits, which totally correspond to 10% of the company's net profit.

Then, let’s look back at Pascal’s contract term.

3 years.

It is likely to mean another node.

As we all know, before a company's IPO, the contracts of company executives need to be readjusted.

Daenerys Entertainment has just merged with MCA, and it is not wise to start an IPO plan in a short period of time. The 3-year digestion time seems just right.

At the same time, several in-depth cooperation agreements between Daenerys Entertainment and Panasonic also appeared in the media, so the outside world finally learned why Panasonic simply withdrew from the bidding for MCA.

Among a series of hot news, negative news is naturally inevitable.

Before the acquisition was approved by the U.S. Department of Justice, Daenerys Entertainment had a number of employees reaching 3,000. The two companies had an equivalent revenue scale in the past fiscal year, but MCA had more than 12,000 employees worldwide.

The reason why Westeros chose not to lay off employees after acquiring Bell Atlantic is mainly because the rapid expansion of the telecom industry in the fields of mobile communications and the Internet can naturally digest Bell Atlantic's excess human resources.

Moreover, because he doesn't know much about the telecom industry and Bell Atlantic doesn't need to solve the debt problem by laying off employees and reducing expenses, Simon finally chose to be less active than quiet.

MCA is different.

Because Daenerys Entertainment and MCA have a large number of overlapping functional departments, under the management of Lu Vasalman, MCA has inevitably experienced serious redundant problems in large companies under the management of large companies.

Therefore, layoffs are inevitable.

"Hollywood Reporter" immediately exposed that Daenerys Entertainment may carry out a large-scale layoff plan of up to 3,000 people on the new company after the merger is completed.

Employment issues have always been a focus of attention in American society.

For politicians, the employment rate is the performance of their performance. For enterprises, ensuring employment is also a reflection of corporate image and sense of social responsibility.

Suddenly, 3,000 people may lose their jobs and the whole of Hollywood began to get restless.

The three unions that had given up on preventing Daenerys Entertainment from acquiring the MCA were immediately forwarded and condemned Daenerys Entertainment's possible layoffs. North American media and various labor security organizations in California also began to keep a close eye on this matter.

The matter has reached its end. The new California governor who just took office at the beginning of the year and several California congressmen expressed concern about this matter.

Facing public opinion pressure, after a brief silence for a few days, Daenerys Entertainment quickly clarified that there was no layoff plan for up to 3,000 people.

However, because the merger of the two companies has brought about many duplicate jobs, Daenerys Entertainment has to make a choice, but it can be guaranteed that the scale of layoffs will be strictly limited to less than 1,000 people.

At the same time, Daenerys Entertainment also promised to recreate at least 1,000 jobs through its own business expansion in the next three years.

The number of layoffs has dropped from rumored 3,000 to 1,000. Although the accusations are still inevitable, it is obviously much easier for the outside world to accept them.

While the merger case continues to advance, the Valentine's Day schedule in February in North America has also quietly started.

Last year's Valentine's Day schedule, a box office dark horse like "The Pretty Beauty" appeared. This year, the video released by Daenerys Entertainment also received additional attention from the media.

However, compared to "The Pretty Beauty", the movie released by Daenerys Entertainment this Valentine's Day seems much more non-mainstream, called "Anti-Wisdom Stars".

Moreover, the most popular film in North American theaters is still "Home Imperial" from last Christmas.

As of February 7, the week before the Valentine's Day schedule, "Home Imperial" that started the seventh week of paintings once again received a box office of US$12.93 million. In the seven weeks of release, this phenomenal children's comedy has accumulated a box office of US$191.59 million.

On February 8, the Valentine's Day schedule began. "Anti-Wisdom Stars" produced and released by New World Pictures, a subsidiary of Daenerys Entertainment, opened on the screen at 1,739 yuan. At the same time, the high-cost fantasy adventure film "The Great Magic 2" directed by George Miller, produced by Warner Bros., and the romance film "LA Story" produced by Samsung, a subsidiary of Columbia Pictures.

The fantasy adventure feature film "The Great Demon Realm" adapted from a famous German children's book invested a huge budget of US$26 million in the first part in 1984. Although the box office in North America was not very successful at that time, only a little over 20 million, due to the excellent special effects scenes, the box office of about US$100 million was recovered worldwide.

In this "Great Magic 2", Warner invited George Miller to direct it and once again invested a large budget of $36 million. It can be said to be the most favorable box office champion competitor for this Valentine's Day schedule.

However, the box office performance of several films during this Valentine's Day period surprised many people.

From February 8 to February 14, the first week of the Valentine's Day schedule, the top of the single-week box office rankings was not George Miller's "The Great Devil 2" or "LA Story" that fits the Valentine's Day atmosphere, but rather the non-mainstream nonsensical and vulgar comedy "Anti-Wisdom Stars".

In the first week of the painting, the vulgar comedy starring Mike Meiers, a TV star on Saturday Night Live, which lacks the main plot, won $21.7 million in seven days.

Even though Daenerys Entertainment's always outstanding promotional offensive, many critics gave positive comments such as fresh and interesting after the film was released, everyone still did not expect that this alternative comedy movie, which lacks selling points, could have a box office of more than $20 million in the first week.

Within Daenerys Entertainment, although many people know that Simon personally selected this project, even Danny Morris, president of New World Pictures, who was responsible for the production of "Anti-Wisdom Stars", believed that before the film was released, it would be called a miracle if the movie could get $50 million in North America. Several project leaders also set up a small bet for this.

Then, Danny Morris naturally became the loser, but he was also very happy to lose.

The surprising box office of $21.7 million in the first week, combined with the film's media reputation and good topic, means that "Anti-Wisdom Stars" has great expectations for a beautiful box office long-term.

50 million local box office may be just a guaranteed guarantee.

However, because the content of the film involves too many jokes that only Americans can understand, the distribution team does not have much expectations for the overseas box office of the film.

After "Anti-Withful Stars", the second-place film in the weekly box office list was not the two new films, but the still "Home Imperial".

In its eighth week of release, "Home Imperial" lost its weekly box office championship position for the first time, but the box office decline remained at a very good 21%, and it closed at another $10.22 million.

At the same time, the film's total box office in North America officially exceeded the $200 million mark, reaching $201.81 million.

According to the phenomenal box office momentum of "Home Imperial", the total screen life of this film can usually reach about 25 weeks.

It is not difficult to predict that after eight weeks of painting, "Home Imperial" will be able to stay in North American theaters for about 4 months.

Although the single-week box office of "Home Imperial" will drop to less than $10 million from next week, the subsequent screening will be held for 4 months, and will also experience a popular schedule like Easter, which is also suitable for the family atmosphere. It is not difficult for the film to accumulate another $80 million in box office, and it is still expected to reach the box office level of $280 million in North America in the original time and space.

With a production budget of $18 million, North America can earn $280 million in box office, and the crazy return rate makes the whole Hollywood unable to hide its jealousy.

Because of the recent series of events, coupled with the approaching of a certain date, Simon, who has been trying to reduce personal exposure, has once again inevitably become the focus of media attention.

February 22.

Simon Westeros’ 23rd birthday.

Although the media has hyped that the Westeros system's debt of tens of billions of dollars during this period may drag down Westeros' personal wealth. However, the fact is that one month after the outbreak of the Gulf War, due to the successive victory of multinational forces, as the dominant force of this war, the US stock market quickly got rid of the haze of the war and began to rebound.

In just one month, the Dow Jones Index rose 23% compared to pre-war, and the final rebound of the S&P 500 also reached 25%.

Let's take a look back now.

Simon Westroka decisively and quickly completed the acquisition of Bell Atlantic and MCA at the time before the outbreak of the war, which is simply a stroke of genius.

If the two acquisitions were delayed until the outbreak of the war and only increased according to the market's standard, it would be impossible for Westeros to win the two companies at the original price.

After all, Westeros’s initial offer to Bell Atlantic was only about 30% of the stock price before the offer. Although the premium for MCA acquisition was higher, this is also because MCA was severely dragged down by the continued downturn in the US economic situation over the previous year.

You should know that two years ago, CAA President Michael Orwitz made a test to MCA on behalf of Sony, and the offer given by Lou Vasalman was as high as $8 billion.

As for the Bell Atlantic, Daenerys Entertainment has even picked up a big advantage. If it is dragged to the war, Simon may have to pay an additional $2 billion for the Bell Atlantic.

Now, it is just that the value of these two companies itself has brought Simon a rich potential benefit with the natural rebound of the overall economic situation in the United States.

If necessary, Simon can easily alleviate the debt pressure faced by the Westeros system by selling some of the stocks of these two companies.

What's more, Simon doesn't actually need to do this.

After more than a month of financial review, Daenerys Entertainment's 1990 financial report was finally released.

Throughout 1990, through rich profits in movies, TV, games, consumer goods, soundtracks and other aspects, Daenerys Entertainment's net profit for the whole year ended up reaching US$1.12 billion, which is about US$100 million higher than the initial expectation of about US$1 billion.

Although Daenerys Entertainment's revenue in the last year was basically quickly removed and used as other investments in the Westeros system, the company's revenue in 1991 can still reach the 1990 level with the subsequent revenue from a series of hit-and-selling videos in previous years.

Therefore, just the income contributed by Daenerys Entertainment is enough to repay the maturing debts of the entire Westeros system.

With the continued rebound of the US stock market and the expiration of the promise of not reducing holdings of technology stocks for three years, Westeros can cash out huge amounts of funds from the technology stock market at any time if needed.

What's more, the two major corporate giants Bell Atlantic and MCA acquired this time can also continue to generate huge cash flow and profit returns.

Since debt of tens of billions of dollars does not pose a threat to the Westeros system, it is not difficult to imagine that Simon Westeros' personal wealth will not only not shrink as the overall economic situation in the United States recovers, but will not only continue to increase.
Chapter completed!