Chapter 477: Aftermath
As in the past many times, the results of the 64th Academy Awards have once again caused controversy in the media.
Three women were nominated for the Academy Award for Best Director at the same time. In the past few months, there was a politically correct public opinion atmosphere. No one would think that this Academy Award for Best Director should not be awarded to a woman.
However, in the eyes of many media, the moisture content of Barbara Streisand compared with the other two female directors who were nominated this time is too obvious.
You know, the media score of "The Stunning Waves of the Years" at Oscar No. 6 is only 6.8 points, the other two movies, "The End of the Road" is 7.4 points, and "Don't Love with the Piano" is as high as 9.2 points.
Even if the media trend cannot represent the meaning of the Oscar judges, and even if Barbara Streisand has more qualifications in Hollywood than the other two directors, it would be fine if "The Story of Time" won the Best Director, Little Golden Man, and even the Best Picture was won, it seems that the Oscar was too unfair.
Of course, some media have made analysis from another perspective by being very expert.
These media believe that the three works of female directors, "The End of the Road" and "The Piano Love", are all films produced by Daenerys Entertainment, which is the key to the results of this Oscar.
Because of the past few years.
The 61st Academy Awards, Best Picture, "Rain Man", produced by Daenerys Entertainment.
The 62nd Academy Awards, Best Picture, "Driving for Miss Daisy", produced by Daenerys Entertainment.
The 63rd Academy Awards, Best Picture, "Dancing with Wolves", produced by Daenerys Entertainment.
For three consecutive years, Daenerys Entertainment has won the Oscar for Best Picture three times in a row, but it’s only three things. If this time, Best Picture and a large number of other awards are still awarded to Daenerys Entertainment, then the Oscar will become the exclusive Oscar of Daenerys Entertainment Group.
Even though the previous "Rain Man", "Driving for Miss Daisy" and "Dancing with Wolves" all have excellent qualities that are enough to win the Oscar for Best Picture Little Golden Man, the American Academy of Film Arts and Sciences certainly does not want the Oscar to become a private place for Daenerys Entertainment.
Therefore, this time, the film produced by Daenerys Entertainment, not counting the movies released by other brands, still won 23 nominations, but only won two Little Golden Man. This result was completely expected.
Simply put, Oscars are playing balance.
The college naturally strongly denied this balanced view of the media. Some college senior executives and Olympic Award judges who knew that "The Stunning Times" were operated by Gaomen Pictures' public relations team were mixed.
Since it is still an award run by oneself, Daenerys certainly will not operate public opinion to question the fairness of the Olympic Awards, but only slightly fueled the controversy between the three movies in order to stimulate the commercial potential of the three movies.
"Don't Love in Piano" and "The Stunning Waves of Time" were both released in December last year and were not out of stock at this time.
As of last Friday, "Piano Farewell" used the awards season attention that started at the beginning of the year to be released in a small-scale long-term screening for more than three months, with a cumulative box office of US$36.32 million.
Compared with the production cost of the film of $7 million, "Don't Love in the Piano", which is expected to hit $40 million before the film is down, is definitely a big seller.
As of last Friday, the cumulative box office of "The Stunning Times" in North America reached US$71.51 million.
This mainstream film directed and starring Barbara Streisand has won multiple awards such as Best Picture, and is expected to exceed $80 million in North America before the decline.
"The End of Flower" was released on September 6 last year and was out of stock in early December. The total box office in North America was finally $45.36 million, which is also considered a top-notch player.
After three months of vacant period, Daenerys Entertainment officially released video tapes before the Oscars ceremony in early March.
Taking advantage of the popularity of the awards season, "The End of Flower" has sold 730,000 boxes in three weeks, and the total subsequent sales are expected to reach 1.5 million to 2 million boxes.
At an average videotape price of $30, the movie could reach up to $60 million in terms of videotape sales, with sales revenue better than the box office.
With the Oscars held and media controversy surrounding the award results, the box office and videotape sales data of the three films have seen a significant increase in the new week.
Ultimately, Oscars are both a hall of glory and a business feast for Hollywood.
Cersei Capital's rival KKR proposed a bid of $2.15 billion to Victoria's Secret parent company LTD on March 30, so Simon flew directly to New York after putting down four women in Los Angeles.
The results of this year's Oscars are basically within Simon's expectations.
Daenerys Entertainment's best foreign language film, besides the Best Actress in "Piano Love", is also a pre-design by Simon.
Many years later, the reason why the live-action movie "Transformers" broke the box office record on the other side of the ocean was that in 1987, Hasbro gave the "Transformers" cartoon to local TV stations for free, thus creating the popularity of the Transformers image.
The public relations for marginal awards such as Best Foreign Language Film is actually not difficult, and there are no other very outstanding foreign language films in this session. The public relations team of Gaomen Pictures easily pushed "The Big Red Lantern" to the podium.
While Hollywood was still immersed in the afterglow of the Oscars, Simon took some thank-you phone calls the next day and swept the matter to the past.
After KKR's bid, Blackstone also proposed cooperation suggestions to Cersei Capital's Apollo Asset Management team, hoping that both parties would jointly invest in bidding for LTD.
If you don’t have enough confidence in LTD or have insufficient financial strength, choosing a partner is also a good choice.
However, this time, unlike Simmons, which had previously chosen to cooperate with other capitals to acquire, Cersei Capital has neither lacked confidence nor funds for LTD, and does not intend to give half of its future potential returns to Blackstone Group.
Two private equity firms have already offered prices, and another private equity giant is also eyeing it. Many arbitrage capitals have entered the market to buy LTD stocks, resulting in a further rapid rise in LTD stock prices.
On the day KKR proposed the offer, LTD's market value broke through $2 billion.
From US$1.3 billion two months ago to US$2 billion at this time, the market value has increased by more than 50%, which has complicated the mood of LTD's board of directors and major shareholders.
If LTD had such a market value before the acquisition news was leaked, relying on market confidence, whether it was additional stock issuance or bond financing, the company could easily overcome the not-so-severe cash dilemma.
The current situation is that the acquisition of LTD is almost a foregone conclusion.
Otherwise, once the acquisition fails, the decline in LTD's stock price will definitely not be much slower than the rise. Even though Cersei Capital's acquisition made many shareholders realize the potential of LTD, compared with the stock price falling again, they are more willing to directly choose to cash out at a high level.
"KKR has not yet escaped the gloom of the Reynoldsnabesk acquisition case. My personal judgment is that this time, KKR's Henry Kravis hopes to revive KKR's morale through a successful acquisition case, and perhaps there are also ideas to divert investors' attention."
Midtown Manhattan, the conference room at Cersei Capital headquarters.
Leon Black, president of Apollo Management, a subsidiary of Cersei Capital, is introducing the process of the acquisition: "Because Reynoldsnabesque has too much negative impact, the US economy has not fully recovered now, and in the face of pressure from KKR's board of directors and investors, KKR will never have an unlimited offer. Therefore, $2.5 billion should probably be the limit of KKR."
The Reynoldsnabesk acquisition case caused a disaster due to the out-of-control quotation under irrational competition among all parties.
LTD's market value was only about $1.3 billion before the news of its acquisition in February leaked.
If KKR's offer exceeds US$2.6 billion, a 100% premium will undoubtedly make investors question again whether the private equity company will encounter the mistakes of the Reynolds Nabesk acquisition case.
Therefore, KKR is indeed very likely to keep the premium limit within 100%.
Cersei Capital, with US$2.5 billion, is also the quotation limit set by Simon.
Even if you can't get the LTD, Simon will not allow this price to rise even for a dollar.
In fact, when the bidding is at the end and the transaction price is not much different, what everyone is competing with is more likely to be the specific transaction plan.
Simon considered this and asked Leon Black again: "Where is the Blackstone?"
"It's not sure for the time being, but Blackstone and us have no success in joining forces, and they may turn to cooperation with KKR. Both companies choose to bid because we are interested in LTD, and they should not have enough confidence in the future of LTD. Of course, if KKR also rejects Blackstone's invitation to cooperate, Steve Schwartzman is more likely to give up completely. He is a very cautious and conservative person. The current economic situation does not allow Blackstone to take too much risk. In addition, the fashion industry is not a field that Blackstone is good at."
Simon was playing with a pencil in his hand and thought for a moment, saying, "In this way, you try to contact some media to spread the news that KKR and Blackstone were just blindly following Cersei Capital, and have as much impact as possible."
If any company loses its own judgment and just blindly follows others, it will obviously not gain the trust of investors.
Leon Black said: "There are already media commenting on this, and we can really contribute to the fire. However, Simon, doing so may attract other bidders."
"You can just hold the $2.5 billion quotation ceiling," Simon said. "Even if it really fails, we still hold about 5% of LTD stocks. Well, how much profit can we make if we sell them?"
"At least $50 million."
"So, that's it, let's talk about your specific acquisition plan."
In the following hour, in addition to the basic acquisition quotation, everyone also readjusted the future payment form, management arrangements, and other acquisitions.
Simon finally agreed to the requirement that the major LTD shareholder Weikesnay family retain 10% of the shares and the current chairman and CEO Leslie Weikesnay continue to hold the current position. Leslie Weikesnay is officially the founder of the LTD group, and the Wekesnay family still holds about 30% of the shares of LTD company at this time.
In the original time and space, LTD was controlled by Leslie Wexner until many years later. LTD's later development also proved the founder's ability. Cersei Capital's acquisition was more of an investment, and Simon did not intend to rob the control of LTD.
The meeting ended and it was five o'clock in the afternoon.
Simon and Janet returned to their apartment on Fifth Avenue together, and on the way they also went to the construction site of Westeros Building.
Today is Wednesday, April 1st.
April Fool's Day.
After the official start of construction in January, several of the original buildings have been demolished and the foundation is being excavated.
The workers had already got off work, so they just took a brief look at the construction site, and the couple left.
"It took a long time to negotiate with the New York Metro Company before they agreed to add a subway station next to our building. The renovation fee was for us to pay, which cost about $10 million. Also, there are actually many illegal workers in Eastern Europe among the workers hired by Iron Lion Gate. I talked to James about this, and he said it was not a big problem."
Janet and Simon talked about the building and soon returned to the apartment on Fifth Avenue.
Simon didn't care too much about illegal workers when he heard about illegal workers: "There are probably no one who does not use illegal workers on construction sites in New York, because there are no enough workers in the local area. Moreover, even if something happens, the Spier family of Iron Gate can handle it. They have been in this business for almost a hundred years."
As he spoke, he entered the apartment and welcomed him to Alina Makheji, a yoga teacher who Janet found from India.
After several months of exercise, Janet's figure is already several points higher than before she became pregnant.
However, this Indian girl with excellent yoga appearance and figure has been staying there.
Simon has seen Alina's body softness as an acrobat, and the unlocking scale is 100%, so she joked that she had any plans to develop in Hollywood.
There are actually many stars in Hollywood who have changed from fitness coaches to actors based on their connections.
Steven Seiger was once Michael Orwitz's judo coach.
Alina obviously has this kind of mind, but it seems that she does not lack further patience and ambition. Simon doesn't care about this and lets this charming Indian girl stay.
After taking a shower with Janet, the woman went to the kitchen to arrange dinner, Simon changed into a casual cardigan and casual pants, sat on the sofa in the living room and watched CNN's instant news while holding a drawing book to depict it casually.
A special fragrance came. Simon stopped the brush and looked up at Alina putting a cup of coffee in front of her. She just smiled and turned her attention to the plot of the storyboard in front of her again.
After a moment.
The fragrance still did not dissipate, and a voice came from his ears: "Sir, you are so good at painting."
Chapter completed!