Chapter Five Hundred and Eighty Seventh God Hidden

Chapter 587

Elizabeth and Julia walked out of the villa with breakfast and came to the round table, just to see Eric frowning slightly.

Putting a breakfast by Eric's hand, Elizabeth asked softly, "What's wrong?"

Eric pressed the newspaper under the laptop to make room, took a sip of warm milk, and said, "In New York, there is a small situation in the acquisition negotiation."

Elizabeth let out a low voice. When it comes to the acquisition negotiation of the TV network, she knows that she should not continue to ask. Although Elizabeth has no other thoughts in her heart, even if she knows something from Eric's mouth, she will never talk nonsense. , but she knew very well that her old man wished that Eric's plans to acquire the other three TV networks were all gone, so that the Firefly TV department was likely to continue to cooperate with the Fox TV network, so Elizabeth felt that this kind of avoidance is very necessary. .

However, Julia didn't know Elizabeth's thoughts, and she had no such scruples. She sat down beside Eric and asked curiously, "What happened?"

"We are worried that Firefly's high debt will increase the company's burden after the merger, and it requires Firefly to reduce the proportion of bond issuance and raise acquisition funds through listing."

Elizabeth, who was listening quietly, raised her eyebrows slightly. Although she didn't know Firefly's detailed acquisition plan, she also knew that if Firefly successfully completed the TV network acquisition, its market value would easily exceed $30 billion, but its long-term debt might only be around $10 billion. Converted, the debt ratio is only 30%, which is not high for any large company, and can even have a very good tax avoidance effect. This request is definitely not for the purpose of worrying about Firefly's debt burden, but more likely to weaken Eric's control over Firefly as much as possible after the merger of the two parties.

While Elizabeth immediately understood the intent, Julia apparently didn't know much about some of the financial jargon Eric was talking about, though. Julia also easily found what she was interested in and asked, "Then how much debt will you owe after the acquisition?"

"With the accumulation of previous debts, it's about $10 billion."

Julia clicked her lips in surprise. Said: "There are so many, if this is the case, I also think... that listing is better."

Eric shook his head with a smile and said nothing.

Elizabeth said: "Julia, that's not the case. After the merger is completed, according to the market value of the new Firefly that may exceed $30 billion in the future, $10 billion is only equivalent to 30% of the debt. The debt ratio of many large companies is much higher than 30%,

The ultimate goal of the TV network is to get Firefly listed, not to reduce debt. "

"Hehe, I don't understand very well, but even if the 10 billion US dollars is repaid in ten years, it is estimated that there will still be interest. According to Firefly's profit this year, even if it is added, doesn't it mean..." Julia said. She couldn't help sticking out her tongue, and she realized that this was obviously impossible, otherwise, how would companies with debt ratios higher than Firefly make money like Elizabeth said?

"Of course not," Elizabeth didn't mind Julia's ignorance, and instead relished the analysis: "According to the debt of 10 billion US dollars and an annual interest rate of 5%, the principal to be repaid by Firefly Pictures in the first year and The interest may be $1.5 billion, of course, as the debt ratio decreases. This number will become less and less. Based on the first year of $1.5 billion, this money is not from the net profit, but from the business The revenue of the company is allocated as the operating cost of the company, just like this year. Although the combined net profit of Firefly and TV Network is only 1.5 billion US dollars, the combined operating income of the two companies is close to 20 billion US dollars, and the 1.5 billion US dollars can still be used. It plays a role in tax avoidance. According to the corporate income tax of about 35% in North America, 52.5 billion US dollars of the 1.5 billion US dollars originally belonged to the Internal Revenue Service. Firefly itself only spent less than 1 billion US dollars to pay off debts.” Finally, Elizabeth glanced at Eric with a smile, and gloated a little: "Of course, with such a high debt, if Firefly's performance cannot continue to grow rapidly in the future, even if it just stops, you will definitely be in trouble."

Julia didn't understand much about Elizabeth's fast speech and a series of numerical analysis. Instead, she looked at Eric with some concern when she heard the last sentence.

"It doesn't matter, in case I go bankrupt in the future, I can still eat soft rice." Eric said with a smile, and reached out to touch the worried face of Julia.

Elizabeth looked at Julia's subconsciously squinting her eyes and put her face on Eric's palm, made a disgusting expression, and said with a small hand as if to chase away flies: "I really can't stand you guys."

After breakfast, Elizabeth drove to work in Century City in a hurry. Julia followed Eric's instructions last night and took Emma to her accountant.

After Eric had breakfast, he called and chatted with Katzenberg again before opening his e-mail. Since then, Allen no longer has to send documents to Eric in person. Many things can be done. It was solved by e-mail, and people around Eric became accustomed to contacting Eric through e-mail.

After reading the emails accumulated yesterday, it was already past nine o'clock. Eric packed up his laptop and put it back in Elizabeth's room. He was about to go to the girl's garage to find a car to go to Playa Vista. The phone rang.

The call was from Amy Pascal, and after a few chats on the phone, Eric hung up.

An hour later, Eric showed up at a seafood restaurant in Venice Beach in a clumsy white Chevrolet van.

Amy Pascal and Drew are already here.

"Eric," Drew rushed over and hugged Eric. Seeing Eric's Chevrolet parked in the parking lot, he subconsciously complained, "When did you buy this car, your vision is really bad." However, as soon as the voice fell, the little girl realized that it might be a woman's car, she pouted, and when Eric finished greeting Amy Pascal, she took him to the restaurant.

It was still early for lunch, so it might have been ordered long ago. The three sat down at the table, and the waiter just brought Eric a cup of coffee and walked away quietly.

Eric didn't want to drink coffee, and pushed the coffee cup to the side. He asked, "How many have you brought back?"

Amy Pascal took out a folder from the bag and handed it over, saying: "Three, the copyright owners of "Spider-Man", "Fantastic Four" and "Hulk" have agreed to the transfer agreement, owning "Captain America" "The 21st Century Film Company insisted on 30% of the investment rights of "Wonderful Night at the Museum" and the same proportion of investment in the subsequent sequels, and they never gave in. So you have to decide whether to agree or not. However, Eric, I don't recommend agreeing, otherwise, although the copyright has been obtained, the other three companies will definitely be very dissatisfied. They only get 20% of the capital injection rights, and only 10% for the sequel. Oh, by the way . All they chose was the special effects movie, Night at the Museum."

Eric listened to Amy's explanation and looked down at the copyright transfer agreement in his hand. Except for "Spider-Man", although the other two are also Marvel's first-line superheroes, the adaptation of the original time and space was not too successful. . However, as long as "Spider-Man" is available. When watching the "Avengers" series in the original time and space, the one that Eric didn't catch was Captain America. If he really can't get it back in the future, then let Captain America hide in the Avengers, Eric Gram also does not believe that there are no other superheroes to cooperate. What tricks can the so-called 21st century film company play. The copyright of "Captain America" ​​will automatically return sooner or later when Marvel gets it.

Eric didn't know much about the amazing superhero system. After reading the three transfer agreements in his hand, he asked, "Are there any others?"

Amy Pascal glanced at Eric. He smiled and said, "There is a blade fighter, which was bought by New Line a few years ago, and it just arrived at the end of this year. If Firefly wants to continue to maintain the copyright, it will either negotiate with Marvel to renew the contract, or shoot the film. Come out. Other than that, it's almost gone. By the way, when I investigated, I found that Marvel Comics was negotiating with Universal about transferring the copyright of "X-Men". It's even worse, so they're desperate to sell some more rights to get working capital."

Several other companies are fine, but Universal.

Eric has some headaches. With Michael Eisner's shrewdness, once they make a move, Universal will definitely increase their chips. If they want to snatch again, unless they make a fool of themselves and make a super high price, it will definitely not be so easy. thing.

Amy seemed to see Eric's concerns and said with a smile: Eric, it's actually not that difficult to get the copyright of "X-Men", don't you know that Michael Eisner recently got sick. The situation may even be life-threatening. He has been in contact with the matter of heart surgery. Universal is now in charge of Michael Eisner's deputy. I heard that Michael Eisner also wants to let his friend Michael Ovie Ci became the global president. "

Eric just remembered that Michael Eisner in the original time and space did have a major physical condition in 1994. Eric is not clear about the specifics. He only knows that Michael Eisner still seems to be holding the possibility before the operation. The mentality of dying on the operating table designates Disney's successor.

"If you can grab it, try to grab it. Of course, don't make too much noise."

"I understand," Amy nodded and said, "Surprise needs funds most now, so as long as our price is high enough, Surprise will definitely choose us." Speaking of this, Amy suddenly remembered something and said, "By the way. , Eric, I think, if you are interested in the superheroes of Marvel Comics, why not buy all of Marvel Comics now, with Marvel's current situation, maybe you want to buy it, even $200 million can't be used. "

Eric shook his head gently and said with a smile: "It's not the time yet, in short, you just grab the copyright of "X-Men"."

Amy Pascal didn't understand what Eric's words meant, but she didn't ask more, nodded, and said: Well, since we already have "Spider-Man", "Fantastic Four" and "Hulk" in our hands, When are you going to start these projects? "

"Save it first," Eric said. "Wait for a few more years of special effects technology. If it is produced now, it will definitely not achieve the effect I want. Even if it is achieved, it is estimated to be sky-high."

Amy nodded. When she exchanged for the copyright of these superheroes, she had already realized this problem. Compared with Superman and Batman, the amazing superhero ability is definitely on the hook. Showing these superpower effects one by one is definitely much more difficult than superheroes. Now is really not the time to develop superhero movies.

After talking about this matter, Amy discussed the official purpose of calling Eric: "Kevin Costner and his agent won't be here until 12 o'clock, Eric, look at this script first. Bar."

Amy said, took out another script from the bag and handed it to Eric.

Eric just glanced at the title of the script and narrowed his eyes slightly.

The inertia of history is really super powerful.

A few words are prominently written on the front page of the script: "Future Water World".

The culprit behind the decline of Kevin Costner's career, after the tragic attack of "Future Water World", Kevin Costner, who was on a par with Tom Cruise, Mel Gibson and others, has never recovered since then. While Ruth was still famous in the "Mission: Impossible" series, Kevin Costner could only be reduced to playing the supporting role of Superman's father in "Superman Man of Steel".

"When we sent Kevin Costner the script for Mission: Impossible, Kevin Costner was working on the movie, and after I saw it, it was definitely very promising, and it wasn't raining for Kevin Costner yet. Other studios negotiated, so I think, Eric, why don't you take this movie down, I feel like this time it's going to be a "Mad Max" and it's Max on the Water, by the way, you Let's look at the script first, and we'll talk about it later." Amy said, suffocating the coffee cup in front of her. (To be continued.)

... ()