Chapter 663 Another idle chess (repair)
Of course, Bill Spurt's promotion was not just because of a party. Simon added a little to the fire, deliberately asking James Rebel to inquire about Spurt's background and acted like a poaching attitude.
Another casual chess that is habitual.
No matter whether it can be used in the future, there will be no harm.
What Simon just didn't expect was that Swiss Bank would have the courage to directly upgrade Bill Spurt to the position of head of a large business department. Although it was only upgraded to two levels on the surface, many investment bank employees may not be able to overcome any of the thresholds in their entire careers.
Of course, Simon wouldn't spend too much energy on such trivial matters.
After the two parties reached a settlement, the Hurst family made the news the next day. The other party originally wanted to be ambiguous, but Simon did not give them a chance. The New York Post then leaked the general information of the settlement in a relatively gossipy tone, including the full amount of 370 million yuan in the sale of ESPN shares in a $1 sale and the full amount of 6 lawsuits.
Simon is to use the "tragic" encounters of the Hurst family to shock all potential opponents of the Westeros system.
Judging from the feedback during this period, the effect is very obvious. North American media have formed a clear chilling effect when discussing matters related to the Westeros system. After all, the powerful Hurst Group has lost half of its life in front of Simon Westeros. In the whole of the United States, there are definitely not many media powers that surpass the Hurst family.
Without the constraints of the Westeros system, the Hurst family restarted the asset sale some time ago. Judging from preliminary feedback, it could recover about US$300 million, equivalent to a discount of 60%.
Under Simon's secret instruction, the parent company of ABC TV Network, Metropolitan ABC Group, also submitted a transaction application to the Hurst family, hoping to buy back the 50% share of AE TV Network held by the Hurst family, with an offer of US$200 million, which is equivalent to a half discount on the original price. Even if you bargain in the future, you will not increase the price too much.
The Hurst family was hesitating to raise more funds by selling what assets to raise, and the ABC's invitation helped them make a good decision.
Two transactions, $500 million in cash, are basically enough for the Hurst family to overcome the current difficulties.
It is easy for those who are interested to find that removing ESPN shares that were almost free of charge and the assets to be sold, the total value of the remaining assets of the Hurst family is actually less than US$1 billion. It only took three months to fall from a century-old media family with a total family of as many as US$2.5 billion to this point.
Moreover, even if the difficulties have been overcome for the time being, the troubles of the Hurst family are far from over.
For example, the San Francisco Chronicle, which accounts for almost half of the remaining assets of the Hurst family, has shifted its access to news from print media to the Internet due to the increasing penetration of personal computers in the San Francisco area and the targeted operation of the Westeros system in the past few months, resulting in the number of subscribers of the San Francisco Chronicle that has continued to decline at a visible rate in the past quarter. It is expected that the second quarter of 1994 will end, and the large-scale regional newspaper with a century-old history will suffer its first quarterly loss in many years.
For an industry that has entered a decline cycle, once it falls into a loss, it is definitely not an easy task to reverse it.
What's more, the Hurst Group, which has been severely damaged.
Without this storm, Hurst Group could mobilize enough resources to revive the business of the San Francisco Chronicle as much as possible. Now, a broken ship floating in the ocean leaks from all directions is unlikely to be repaired.
After three months of confrontation, the matter was initially completed. In addition to letting people around him continue to stare at the movements of the Hurst Group so that they could push the other party into the abyss at the right time, Simon himself no longer followed up on the matter himself.
Continue to prepare for the upcoming Daenerys Entertainment launch on July 1st, and the summer season in North America is also continuing.
From June 24 to June 30, North American theaters released two more important new films, namely "Detective Beverly 3" produced by Paramount Pictures and the bomb disposal action thriller "Zero Point Blast" produced by Fox Pictures.
After launching two big-selling "Detective Beverly" series in 1984 and 1987, Paramount and the film star Eddie Murphy were unable to reach an agreement on the pay, and the third one was delayed until now 7 years later.
After delaying for so many years, Eddie Murphy got the best pay of $15 million at this stage, and the production cost of this sequel reached $50 million at the bombshell level.
The painting started last Friday, Paramount prepared 2,936 screens for this classic action comedy sequel, and the size of the opening screen of nearly 3,000 yuan has been second only to "Batman: The Dark Knight Rises" among the films that have been opened in this summer.
Then, it was a similar experience to last week's "City Countryside 2".
The reputation is also broken.
Compared with the 1.8 media score of "City Countryside 2", "Beverly Detective 3" has a lower reputation, with a comprehensive media score of only 1.1.
However, relying on unremitting publicity and the influence of the predecessor of the film itself far exceeds the "City Countryside" series, the first week of "Detective Beverly 3" ended up being pretty good, reaching $21.96 million. Although it only ranked third on the list, the box office score of more than $20 million was given to Paramount.
From June 24 to June 30, the first place in the weekly box office list is still "Batman: The Dark Knight Rises". The film fell 32% this week, and it closed at another $32.31 million, with a cumulative box office of $272.53 million.
After earning $42.39 million in the first week, "The Souls" did not show any phenomenal box office potential. The box office fell by 43% the next week, and another $24.15 million, with a cumulative box office of $66.54 million in two weeks. It is expected to recover all US$40 million in production and promotional investment next week.
At the same time, under the publicity of the New World Film team, discussions about the Soul Conjuring Cinema Universe have become a topic that movie fans have been talking about recently. The first derivative film of the Soul Conjuring Cinema Universe in Halloween, "Mortal Haunted Time", has attracted widespread attention from the media and the public before the official promotion plan was launched.
After the third-place "Detective Beverly 3", Fox's new film "Zero Point Blast" ranked fourth, and won $13.15 million in the first seven days of the week.
Tremless.
Fox invested $28 million in production budget for this action thriller starring Jeff Bridges. Including promotion and promotion, the total investment was more than $40 million. The first week of the box office was 13.15 million. Fox wanted to recover the cost by box office, so he could only expect the film to be able to make a miraculous box office trend.
As a popcorn commercial film, this kind of hope is obviously not great.
No. 5 on the list was won by "Life and Death".
This action movie with excellent reputation surpassed the short-lived "City Rumbrella 2" in its sixth week of release. Its box office fell by only 19% this week, and it closed at another $6.73 million. The total box office in North America also reached $95.22 million, and it is expected to officially exceed 100 million next week.
In addition to the top five, other films such as "City Countryside 2" have basically withdrawn from the summer competition.
Before the new box office week on July 1, Daenerys Entertainment, as usual, held a grand premiere on Wednesday, June 29, for another super bombshell in 1994 in Simon's mind.
I don’t know if the memory is biased, but it basically maintains the original master’s creator and the effect of the film is no less than that of Simon’s memory. After the word of mouth was lifted on the second day of the premiere, it did not receive much praise. The comprehensive media score was only about 7.4 points.
A Seattle Times critic unceremoniously criticized Forrest Gump, "Only in the United States can you see a film that uses a fool as a medium to run through the modern history of the country, and he is not a satirical film."
The original book of Forrest Gump is a satirical novel, which is also for the Seattle Times critics to make such arguments.
For the same reason, Winston Bloom, the novelist who was squeezed out by the main creator during the screenwriter stage, also publicly stated after the premiere that the film completely deviated from his original intention of creating "Forrest Gump", and the theme of the film completely deviated from the film, so it seems even more 'funny'.
In fact, the media reputation of 7.4 is definitely not bad compared to films such as "City Countryside 2" and "Beverly Detective 3". It is just that in front of "Star Gate" related to Daenerys Entertainment, "Batman: The Dark Knight Rises" and even the horror film "The Conjuring", the comprehensive media ratings of the latter films are above 8 points of the excellent level.
Simon formulated a relatively conservative publicity and distribution strategy for "Forrest Gump", hoping to form a phenomenal long-term box office trend through the audience's word-of-mouth effect, so the number of screens on the film is only 2,137.
Now, the opening reputation has not met expectations, and the box office prospects of "Forrest Gump" are suddenly covered with a layer of shadow.
Under the good cost control of Daenerys Entertainment, the final production cost of Forrest Gump is $50 million, which is $5 million lower than the original. However, $50 million still reaches the real bombshell level of this era.
Even with a relatively conservative distribution strategy, the film's promotion budget reached US$20 million.
The production cost of $50 million, the investment in publicity and promotion, and the total project budget of $70 million, even if it is lost, it will not actually cause Daenerys Entertainment to be hurt.
Unfortunately, the release of "Forrest Gump" was at a very unfortunate time.
The film will be painted on July 1st. On this day, Daenerys Entertainment Group will be officially listed on the New York Stock Exchange.
As Bill Spurt said at the party last Friday night, uncertainty in the film industry has always been the main reason why many capitals are deterred. If Daenerys Entertainment Group had just been listed, it immediately suffered a box office defeat of $70 million in total investment movies. It can be imagined that this incident will inevitably affect the stock trend of Daenerys Entertainment Group.
In any case, July 1st will arrive on time.
The listing of Daenerys Entertainment Group was ultimately chosen to be the traditional New York Stock Exchange rather than the emerging Nasdaq Exchange. There are many reasons, mainly because the market of the New York Stock Exchange is more mature. In addition, in order to compete with Nasdaq, the New York Stock Exchange also gave Daenerys Entertainment more preferential conditions.
That’s right, in the United States, listed companies can negotiate terms with exchanges, including commissions with underwriters, etc., and they also have room for negotiation.
This is especially true for large IPOs like Daenerys Entertainment that raise more than $5 billion.
For IPOs of ordinary companies, the commission ratios in all aspects often account for about 10% to 15% of the total fundraising amount. After negotiations with affiliated institutions such as the New York Stock Exchange and underwriters, including investment bank commissions, exchange handling fees, accounting and attorney fees, etc., the total expenditure is expected to be only US$160 million, accounting for only 2.8% of the total fundraising amount of US$5.625 billion.
This is the result of the continuous consultations between Daenerys Entertainment management and all parties in advance.
Of course, $160 million is already a very considerable income for all parties, and the total IPO funding of most companies in the U.S. stock market may not necessarily reach $160 million.
After the Simons briefly returned to Los Angeles for the weekend last week, they rushed to the East Coast again on Monday.
On July 1, at less than 7 a.m., the couple had already had breakfast and rushed from their apartment on Fifth Avenue to the famous Broadway Avenue headquarters at the New York Stock Exchange.
Hundreds of media from all over the world have been staying outside the New York Stock Exchange since last night, and some senior executives of Daenerys Entertainment Group also stayed at the New York Stock Exchange headquarters all night.
At the gate of the New York Stock Exchange, Simon and his wife had just gotten off the car, and dazzling dense spotlights suddenly lit up around them.
The security team deployed in advance formed a human wall to protect Simon and his wife from entering the exchange building together.
In order to ensure that the IPO is foolproof today, the Westeros system has quietly taken over the security affairs of the New York Stock Exchange half a month ago. Simon knew very well how obvious he was at this time. In addition to the 150 security guards or uniforms or plainclothes spread throughout the streets, the Westeros family intelligence team also had hundreds of people cruising around Manhattan.
These measures proved to be very necessary.
In just half a month, the Westeros family's intelligence team successfully intercepted three evil elements who tried to create trouble on the day of Daenerys Entertainment's IPO.
Two of them wanted to launch a shooting on Simon on the day of the IPO, and another veteran from Oklahoma even planned to place car bombs outside the New York Stock Exchange gate. The reasons are different. Some people believe that Simon's huge wealth has threatened American society, some people think that such an abnormality as Simon should not exist in this world at all, and the veteran in Oklahoma was because of the war Simon launched in Africa.
In the final analysis, Simon's huge wealth and huge power at this time have aroused the vigilance and fear of more and more people.
Hate of the rich is a kind of public negative emotions that have existed for a long time since human society entered the civilization era, and is often used by those in power to relieve public grievances.
Therefore, Simon also knew very well that his situation was inevitable at this time, and he did not have too deep fear of it.
If you want to wear a crown, you must bear the weight and everything has its own two sides.
Because it was a more sensitive time, Simon did not let the three guys who were caught evaporate from the world, but secretly escorted them to the FBI.
However, the Westeros family launched a deeper investigation into the motives of the three.
If it is proven that someone else is behind the scenes to manipulate it, Simon will still not be polite this time.
As for the three people involved, prison disasters are inevitable. Even if they are released from prison in the future, both themselves and those around them will be listed as key surveillance targets of the Westeros system. Simon will only tolerate this potential threat once at most.
Chapter completed!