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Chapter 142 Poly Gold (I love learning qaz1 for the leader)

In the conference room of the Embassy Films, Ronan found Robert Lee and Garcia Rodriguez.

Ronan asked Garcia directly: "Did the recruitment work go smoothly when establishing overseas channels?"

If Embassy Films finds the right staff, there is no need to think of any other way.

Garcia shook her head: "It's very unsuccessful." He explained: "Only hiring individual personnel is not very helpful for establishing overseas distribution channels. What we need is a team. But among all the companies with distribution capabilities in Hollywood, the scale and platform of any company is much larger than Embassy Pictures. We have contacted the heads and members of six small teams, and all were rejected."

Robert then added: "We have had a secret contact with the overseas issuing team of Xin Line. They directly poked the senior management of Xin Line, and the senior management of Xin Line sent us a warning."

Ronan asked concernedly: "Are there any other trouble?"

"No." Robert said: "We immediately stopped contacting people on the new line, and this matter was temporarily over."

But Luo Nan remembered it in his heart and reminded him: "Please pay more attention to the new line in the future."

Poaching people like this will definitely make people feel very uncomfortable.

Garcia also said: "The issuance of such key positions basically has signed breach of contract with the hiring company. If you want to poach people, the liquidated damages alone are huge expenses."

Ronan nodded slightly. This situation is normal. Employees in key positions of Shahai Entertainment and Embassy Films also have liquidated damages.

I remember when the Japanese first entered Hollywood, they made a big joke on liquidated damages.

After Sony Entertainment bought Columbia Pictures, the Japanese were very self-aware and knew that they were an outsider in the film industry. After others recommended and carefully investigated, they poached two producers, Jon Peters and Peter Guber, from Warner Bros., to take charge of Columbia Pictures.

But for some reason, when Sony inspected, he did not find any breach of contract between Jon Peters, Peter Guber and Warner Brothers. Warner Brothers filed a lawsuit in court with a lawsuit, and Sony Entertainment paid 800 million US dollars in compensation for this poaching!

Of course, Sony Entertainment is willing to pay the money and must think these two people are worth the money.

In fact, these two were famous Hollywood bastards in the late 1980s.

The two have invested in "Purple" directed by Spielberg, but under Spielberg's strong request, the contract clearly stipulates that Jon Peters and Peter Guber are not allowed to enter the set!

The famous Spielberg was afraid of it, which shows how outstanding the destructive ability of these two people is.

Sony Entertainment's cooperation with these two is a tragedy, from Sony Entertainment's acquisition of Colombia to the two's dismissal in 1994, it is rumored that it caused more than $3 billion in losses to Sony from films to surrounding related industries.

Akio Morita's resignation is somewhat related to Sony Colombia's dismal management and hiring of these two people.

But these two people are definitely not useless. Jon Peters and Peter Guber have good investment vision, especially Peter Guber. Later, he established a film investment company and only invested but did not participate in production. More than a decade later, he became the joint owner of the Golden State Warriors.

Robert said at this time: "Puling people not only costs a huge price, but also may make us public enemies in the industry."

"The problem cannot be solved by poaching people alone." Luo Nan had this awareness.

If you poach the enemy, you can solve the problem of overseas issuance, and DreamWorks will not have no overseas channels.

Ronan asked, "Do you know Polykin Film Entertainment?"

"I've heard of it." Garcia Rodriguez continued: "A small-scale film company under the record label Polygon, but this company...what can I say, there are too many people and bloated institutions."

Robert is more informed: "At the beginning of this year, Polygin's holding companies Philips and Siemens sold the company's main body, the record company, to the French media giant Sigram for $10.6 billion. Sigram was previously a holding company of Universal Pictures, but now it is not. They reached an agreement with French water group Vivendi, which Universal Pictures already belongs to Vivendi."

Ronan made a simple query on the Internet last night, knowing that what Robert said was true, and said: "In this transaction, there was no initial involvement of Polygon's film subsidiary, but with Vivendi reaching an agreement with Sigram, Universal Pictures asked its new owner to take over Polygon Pictures because there are many high-value film copyrights in Polygon's library."

When Ronan thinks of the names of those films, he is a little envious: "Four Weddings and One Funeral", "Extreme Suspect", "Train Guns", "Two Smoke Guns", "From the Bloody", "Death-in-Language", etc.

As we all know, film library is the most valuable asset of a film company.

"Universal Pictures only has Polykin's film library?" Garcia specializes in distributing, and roughly guessed what Ronan meant.

Ronan nodded gently: "This is the news I heard by chance. Universal Pictures itself has a complete distribution channel and does not need to rashly increase a large number of people to disrupt the existing mature configuration. Moreover, Polytechnic is far away in the UK. Universal Pictures plans to dismiss most of Polytechnic Pictures' personnel, especially distribution personnel who are not very useful to them."

Robert unconsciously raised his tone: "This is our opportunity!"

Garcia knows more about the distribution industry and says: "I remember Polykin never released a movie in North America. "Very Suspect" is Sony Columbia, and "Furious" and "Death-Walk" are Gramessi Pictures."

Ronan frowned: "The news I found on the Internet is that Polykin Pictures has established a movie distribution channel based on its world-class record channels."

Is the news on the Internet fake? Luo Nan cannot help but think so. After all, there is too much fake news on the Internet. A certain encyclopedia in his previous life has become a base for fraud.

"What I'm talking about is only North America." Garcia said the truth: "I don't know much about the situation overseas."

Embassy Films' business is currently limited to North America. Due to American nature, its energy is limited to paying attention to North America.

Ronan looked at Robert: "You go check the relevant situation, the transactions between Vidiewang, Sigram, Polygon, and Universal Pictures, the focus is on their attitude towards Polygon Pictures, and Polygon Pictures' own business."

Compared to Garcia, the businessman of his duty, Robert's path is even more wild.

Robert didn't say anything: "I'll go today."

Ronan said to Garcia again: "Do you know anyone at Universal Pictures? If you have any, please ask."

Garcia knew this was a major event related to the company's future and said, "I'll go find someone to ask."

Ronan reminded: "This matter should be handled first."

After Robert and Garcia left, Ronan thought for a while and called Dinah to find lawyers. Her Shengzhi Law Firm also has a business in the UK, a London branch, and a company specializing in entertainment and media business.

Afterwards, Ronan personally rushed to Shengzhi Law Firm and interviewed lawyer Dinah for a while.

Lawyer Dinah provided him with a contact information: "This is a private detective, sometimes working with Sheng Zhi, and she is very familiar with the British entertainment industry. You can check the specific situation with him. I'll call him later."

Ronan knew that the world was not only white and black, but many law firms also had contact with marginal forces, and speculated that this should be some kind of private detective.

He responded and reached a business contact with the private detective that day. Shengzhi's firm also had business dealings with Polykin Pictures. Lawyer Dinah would also help him collect relevant information within the scope permitted by the regulations.

This is not a matter of illegal or criminal act.

In just two days, all aspects of the situation gathered in Ronan. There was a lot of information in all aspects and needed to be summarized and found useful things from them.

After Ronan came here, he never interrupted his studies and analyzed countless cases. This work could not defeat him at all.

After watching for an afternoon, he got a sense of the general situation.

France's Sigram Media Group, which is the controlling stake in Universal Pictures in recent years, has started acquisition negotiations with Polygon since 1997. This deal involving a 10 billion dollar deal took two years to negotiate, and finally reached it in 1999. Polygon Records merged with Universal Records for US$10.6 billion.

But just as the acquisition was complete, Sigram found that what he got was a huge burden. In addition to the deterioration of other businesses, he had to take action on Universal Pictures, which merged Polygon Records into the company. The water company Vivendi Group, also from France, became the takeover and reached a deal last month and completed a share change this month.

As the dealer, Universal Pictures wants more than Polygold Records. It is very interested in the film library of Polygold's subsidiary Polygold Pictures Entertainment. When Vivendi negotiated with Sigram, in order to win the support of Universal Pictures' senior executives, he also agreed to acquire Polygold Pictures again.

Compared with Polygon Records with a value of over 10 billion US dollars, Polygon Pictures is not worth mentioning at all.

As for the staff of Polygon Pictures, Universal Pictures has almost no interest.

Polykin is a typical international company with multinational troops, and Polykin Pictures is the same.

These people have been stationed in London for a long time, and Universal Pictures’ film business is completely based on Los Angeles. If you want these people to come to Los Angeles, not to mention the employee’s wishes, subsidies alone are a bottomless pit.

Universal Pictures has negotiated with Polygon Pictures to acquire the film library, and other aspects are not yet finalized. However, judging from the existing news, Universal Pictures does not need Polygon Pictures’ employees.

These people are large in number and have high salaries, and they don’t want to leave London, which is basically of no help to Universal Pictures.

Ronan doesn't need these people either. He needs a small part of them - the employees of the issuance department.
Chapter completed!
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