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The public opinion situation is about to come, but the Westeros system is not as trembling as the outside world imagines.

In early March, Daenerys Entertainment Group officially launched an internal employee stock subscription plan. Depending on the position level and years of employment, Daenerys Entertainment employees will be able to subscribe to the corresponding amount of stocks at a price of 30% off, 50% off or 30% off.

Equity rewards from management such as Amy Pascal have also begun to be cashed out.

After this stock subscription and reward cashing, Daenerys Entertainment's employees will hold a total of about 8% of the group's shares, and the planned IPO issuance of new shares is about 12%. At that time, Simon will still hold about 80% of the shares of Daenerys Entertainment Group.

Not only that, Daenerys Entertainment will also adopt a dual equity structure this time.

Whether it is this employee subscription or the next IPO, what the outside world can obtain is Class A shares with only one-tenth of the voting rights of ordinary stocks. Correspondingly, Westeros under Simon's name will hold Class B shares with ten times the voting rights.

After calculation, Simon, whose shareholding ratio has been reduced to 80% after the IPO, will still maintain a voting right of more than 97%. Even after multiple expansions in the future, the Westeros family's shareholding ratio of Daenerys Entertainment Group will drop to less than 50%, and the absolute control will not change.

Daenerys Entertainment Group's 1993 financial report was also officially released in mid-March. It ignored the ups and downs of the outside world and in order to build momentum for the upcoming IPO, the company continued to publish specific data on the Igret portal on March 15.

In the entire 1993 year, compared with US$12.7 billion in 1992, Daenerys Entertainment Group's total revenue increased by 35%, reaching US$17.1 billion, and its annual net profit was US$2.27 billion, an increase of 219% year-on-year.

Among them, the film business is still the core of Daenerys Entertainment Group, contributing more than half of the profits.

Driven by its strong film business, Daenerys Entertainment's cinema chain, theme parks, consumer peripherals and other businesses have achieved outstanding growth.

Robert Eiger's TV business is also well-documented. Public TV network reality shows and TV series are taking a two-pronged approach. "Survivor" and "Seinfeld" have long been among the top in TV network ratings. Fashion TV, a professional fashion TV station that started broadcast last year, has been launched in many countries around the world. At the same time, it has successfully acquired all the equity of USA Basic Cable Network, further completing the layout of Daenerys Entertainment in the cable TV business field.

In addition, the total debt amount of Daenerys Entertainment Group has increased slightly compared with US$7.1 billion last year to US$7.9 billion. However, even based on the IPO valuation of US$40 billion, the debt of US$7.9 billion is only equivalent to a debt ratio of 19%, which is far lower than the average level of the same industry.

Even though it has been expected, Daenerys Entertainment Group's financial report in 1993 still exceeded many people's expectations.

Especially profits.

The net profit of US$2.27 billion for the whole year is almost equivalent to the total profits of the other six major Hollywood studios.

Of course there are doubts.

Many professional media and Wall Street analysts believe that Daenerys Entertainment's financial report is specifically "tailored" for this year's IPO, and it may not be able to achieve such excellent profits after it goes public.

But similar doubts do not have much market.

The net profit of US$2.27 billion is actually only 13.2% compared to Daenerys Entertainment's revenue of US$17.1 billion. This figure is not high in the Hollywood entertainment industry's generally net profit range of 10% to 15%. As long as Daenerys Entertainment's revenue scale will not shrink significantly in the future, it will not be difficult to continue to maintain the profit level in 1993.

Will Daenerys Entertainment Group's revenue performance shrink?

Just look at the DC Cinema Universe series, Pixar Animation Studio, the "Jurassic Park" series and other popular projects in the hands of this company. This will not happen in the next three to five years.

However, another argument also began to rise immediately. Some Wall Street analysts believe that Daenerys Entertainment's performance has reached its peak. Although it will not decline in the short term, it is not easy to make too much improvement. Therefore, it is not optimistic about the long-term development prospects of this entertainment industry giant after its listing.

After similar views were released, they inevitably gained a lot of recognition.

The finger was immediately pointed at the IPO price-to-earnings ratio of Daenerys Entertainment, which is expected to be around 20 times, and it is believed that this number is obviously high. Considering that the future performance growth of Daenerys Entertainment Group may slow down significantly, the truly suitable IPO price-to-earnings ratio is about 10 to 15 times.

Simon's bottom line for stock underwriting to Morgan Stanley and Goldman Sachs is at least 20 times the lowest price-to-earnings ratio of IPO.

After the official financial report is released, based on the net profit scale of US$2.27 billion, the corrected accurate IPO valuation bottom line should be US$45.4 billion.

Simon has no intention of making any concessions to this high valuation of the club with a market value of US$50 billion, which has exceeded the total scale of most corporate giants in the world and can enter the high valuation of the $50 billion market value club after listing. This inevitably makes capitals from all walks of life who are interested in subscribing unhappy. After all, subscribers definitely hope that the lower the issue price of Daenerys Entertainment, the better, so as to maximize profits.

The corresponding negative arguments were also born.

Simon is not worried about this.

Most companies conduct IPOs to raise funds for the company's next development, so they are generally worried about failure, but Daenerys Entertainment does not have such concerns. If it weren't for the next expansion layout, Simon wouldn't need to let Daenerys Entertainment go public at all.

Therefore, even if the worst case happens and the failure of the IPO will not cause much harm to Daenerys Entertainment, at most it will only lose a investment banking service fee.

What's more, the valuation is relatively high, but anyone with discerning eyes knows that among the companies that have IPO in recent years, there are actually not many companies that can be better than Daenerys Entertainment's stock. If there are, they are basically new technology companies such as Cisco and American Online in the Westeros system.

Moreover, even Cisco and AOL are still in the growth stage of corporate development with variable development prospects, and Daenerys Entertainment has already been very solid in both revenue and profit.

Malibu, Daenerys Cinema.

It is Friday, March 18th.

For more sensitive employees within the Westeros system, there are troubles outside the world and there is not no change around them.

Daenerys Cinema has recently upgraded its security efforts, and the number of security personnel and surveillance facilities in the park has increased significantly. Similar to the terraced three-story cinema, the lowest floor and the busiest studio area, have not changed much. Going up, the access control process of the second floor office area and the third floor administrative area have been strengthened, and visitors who have not made an appointment are not allowed to enter.

As for the reason, most people who feel this point believe that it is the instinctive reaction of their boss under the pressure of external public opinion.

Only a very few people know the truth.

A week ago, a white young man in his twenties suddenly drove into the Dumei Point Manor area. However, as soon as he entered the building area outside the manor, he was discovered and stopped by the security guard. The young man found that he could not escape and directly used an automatic rifle in the carriage to shoot at the security guard.

Fortunately, the security team at Dumeiji Manor is not an ordinary security guard. It basically has a background in special forces or special service police. After joining the company, it will conduct at least two intensive security training every year to ensure that it will not slackew.

Therefore, while the two security guards were caught off guard, one of them quickly pulled out his gun to counterattack, and accurately hit the young man's head and heart through the door. Other security guards who found that they were in trouble arrived within 1 minute and found two rifles, a large number of magazines and five grenades in the dead youth carriage.

and a suicide note.

In the suicide note, the young man stated that he wanted to kill all Westeros, so that all the wealth of the sinful Westeros family would return to society.

The gunshots attracted police calls from surrounding residents and subsequent police cross-examination.

The incident was completely concealed by Dumeiji Manor, but it was claimed that the family bodyguards were practicing marksmanship. The two injured security guards were also secretly sent to the Westeros private hospital for treatment.

The identity of the young man is found within an hour.

Simon personally led the family's intelligence team to search the other party's residence, but he did not gain anything for the time being, but he did not give up.

Although he was not a conspiracy theorist, Simon never believed that something would happen for no reason, so he arranged two groups to carefully investigate the matter.

As for the assassin young man, including the Chevrolet sedan that the other party broke into Dumei Point Manor, all of them evaporated.

All insiders were issued the strictest ban.

The experience of being kidnapped and assassinated by top wealthy politicians is far more than the public imagined, but there are very few cases exposed, which is not without reason. Because once such a thing is exposed, it is easy to attract imitators, and there is never a shortage of people who act extremes in the world.

After the incident, the security level of the Westeros family was fully improved, including public areas where everyone in the family may appear.

Jennifer, who was still scared, also prepared several sets of characteristic body armor for Simon and asked him to wear it in public. Simon joked that if it hit the head, it would be useless to wear the body armor, and the female assistant cried on the spot.

Simon has never been afraid of death for two lives.

Now, I am only worried that the people around me will be hurt because of themselves. Therefore, if they need to make a choice, he will take the initiative without hesitation.

Building 1, Cinema Administrative District.

Larry Ellison and Simon walked out of the office together and finally made a few promises. Ellison did not forget to nod to the A-tee outside, and Ellison turned around and left.

During this period, Oracle's dispute with two other competing database software companies, Informix and Sybase, in a series of lawsuits against many companies in the Westeros system, was quite eye-catching.

The Westeros system responded quite firmly on the Igrit portal, but in fact, it is unlikely that Oracle really has no use in any way to cross the boundaries. Larry Ellison has never been a regular businessman, otherwise he would not be able to send someone to flip Microsoft's trash can.

The cruel business competition, especially between giants, cannot tolerate following the rules.

Simon has no objection to this, the key is that you must be able to deal with the trouble after it occurs. Today's meeting is to ask Ellison to personally explain the inside story of the whole thing and the follow-up plan.

When Ellison left, the girl A followed her boss into the office with some documents.

Simon turned to his desk and sat down, put away the script that had been spread aside.

Just a glance, Girl A recognized that this was a new project that MGM was planning, "Broken Arrow". However, the script was delivered three days ago. According to her understanding of her boss's working habits, Simon should have finished reading it in her spare time, and for some reason she was still reading it.

"Broken Arrow" is the latest work by Graham Yost, screenwriter of "Speed ​​of Life and Death".

"The Speed ​​of Life and Death" will be released in this summer. The film has been completed later. The MGM team and Simon themselves are very satisfied with the film, so Shirley Lansing directly signed Jost's new script.

The name "Broken Arrow" is actually a military term for the accidental abandonment of nuclear weapons in the US military. The script story revolves around a nuclear weapon loss incident. There are actually many similar stories in Hollywood movies. "The True Lies" will be released in this summer. Schwarzenegger also needs to deal with a nuclear explosion crisis in the film.

Soon he put away some little doubts in his mind. Girl A handed Simon several documents in her arms and said, "Boss, this is the recent file of congressional candidates for the Westeros system in Greenwich that has just been reported in the United States. Mr. Schrapp has selected 23 people, including 7 Democrats and 16 Republicans. Among them, there are 3 Senate candidates, 2 in office, 20 in office, and 16 in office."

Simon listened to Alison's brief description and opened the first folder. First, it was a list of 23 candidates for parliament.

Democratic Rep. David Meroth, who has been backed by the Hurst family, is in a very prominent position behind Connecticut. Sen. Craig Ames, a Democratic who proposed to impose an ‘asset tax’, ranks high.

David Merroth and Craig Emmes are the two most active politicians in recent days against the Westeros system.

It is a little ironic that both of them are Democratic groups supported by the Westeros system.

In comparison, most Republicans targeting the Westeros system have less intense opinions.

The only thing that made Simon a little relieved was that Republicans on this list were more than twice as many as Democrats, and finally, the huge investment in political capital in the Westeros system in recent years has not been vain to the ungrateful wolf.

The list is accompanied by detailed information from 23 lawmakers, including political resumes and recent integration of speech and opinions on the Westeros system.

Simon made a gesture to Girl A while looking through it. Alison continued: "There is also a file below, which is the main competitors of 23 candidates for lawmakers, followed by Mr. Schrapp's head of the Wisconsin sniper team, named Paul Spetz, 37, from Milwaukee, Wisconsin. He graduated from the University of Wisconsin and was originally the head of the Political Action Committee of Verizon Telecom and the Enterprise Affiliated Political Action Committee. He had worked in Milwaukee for ten years in his early years and was very familiar with the local political and economic environment."

Faced with recent attacks from the media and politicians, the Westeros system will certainly not remain indifferent.

Simon personally led the formulation of a 'sniper plan', intending to select some candidates for MPs in the Westeros system to carry out 'precise strikes' in order to achieve the effect of killing the chicken and intimidating the monkey.
Chapter completed!