giants of the era

Chapter 190 Acquiring Disney

Right now, there are not one or two people who are eyeing the Disney company, and Li Zetian is only one of them, but he is the most powerful person!
On the third day, Dongfang Yuqin came to Li Zetian's study with a stack of materials.

"Mr. Li, the information on Disney has been collected." Dongfang Yuqin said.

Li Zetian nodded, took the file and read it.

After the death of Walt Disney in 1966, the Disney company was hit hard and fell into a low ebb.In a few years, the animators who fought the world with Walt Disney also reached the age of retirement. For a while, the animation talents of Disney Company were in short supply.

Animated films, which were originally regarded as Disney's extraordinary achievements, were reduced in mass production with the death of Walt Disney. In the 70s, only four animated films were released.With the reduction of animation production, Disney's profits mainly come from theme parks.

As a result, then Disney executive Ron Miller (Walt Disney's son-in-law) shifted his business focus to real estate investment and cut out the creative department!
However, after Disney lost its idea, its performance declined.In terms of TV, there are no new programs launched, and the charm and aura of the past are gradually fading; in terms of theme parks, due to the two oil crises in 1973 and 1979, the U.S. economy was depressed, and the tourism industry was greatly impacted, causing Disney to fall into crisis among.

Walt Disney's nephew, Roy Disney, couldn't stand it anymore, and believed that animation was the only way to solve the company's crisis, so he challenged Walt's son-in-law, Ron Miller, which led to serious factional disputes in the company!

After reading it, Li Zetian felt really sad. The situation of Disney was much more serious than he imagined. He originally thought that Disney could still be worth 30 billion US dollars, but now it seems that Disney is worth 20 billion US dollars at most.

"Mr. Li, now other companies have launched a hostile takeover of Disney! The acquirer is trying to sell Disney's core assets, including the movie library and high-quality real estate around the theme park. The capital market welcomes this, and the Disney board of directors has to Make a critical decision: whether to sell Disney for a high price and watch the company fall apart, or to find new leadership. As far as I know, Roy Disney couldn't bear to see his uncle and father's property fall apart, so he was Lobby Disney's board of directors to choose the latter." Dongfang Yuqin paused and said, "Based on my judgment, Disney's board of directors may be inclined to the latter!"

"En." Li Zetian nodded, it was true.

"However," Dongfang Yuqin thought for a while and continued, "Unlike other companies, we are buying with good intentions and will not sell Disney's core assets. I think that if we go to acquire Disney, the Disney board of directors is likely to Will accept our offer!"

Li Zetian nodded again, and said, "Before making an acquisition offer to Disney, please help me make an appointment with Roy Disney. As long as he agrees, the acquisition will be a sure thing!"

"Okay, Mr. Li."

……

Two days later, a high-end restaurant in Los Angeles.

Li Zetian officially met with Roy Disney, who is in his 50s, wearing an off-white suit and smiling.He is now a director and consultant of the board of directors of the Disney Company, and he is at the helm of the Disney animation feature film department.

Li Zetian dressed casually, wearing gray Armani custom-made casual clothes.Dongfang Yuqin was wearing a white shirt, black hip-wrapped short skirt, and a pair of gold-rimmed glasses that were only for decoration, sitting next to Li Zetian.

"Mr. Disney, I think you should know the purpose of my meeting with you, so let me tell you straight to the point. I want to acquire the Disney company, and I hope to get your support!" Li Zetian said with a smile.

Roy Disney was silent for a while, and asked: "Mr. Li, I want to know, what do you plan to do with Disney after you acquire it?"

"I will invest heavily in the animation production business and restore the former glory of Disney animation! I will develop Disney into the world's largest film animation company, the top playground for children, and the world's largest entertainment media company!"

After listening to Li Zetian's words, Roy Disney felt very satisfied, almost in line with his ideas.

"Mr. Li, why do you want to acquire Disney?" Roy Disney asked.

"Every child likes Disney cartoons and toys. My daughter will be born in a few months, and Disney will be her best gift!" Li Zetian smiled, with a hint of tenderness in his tone.

When Roy Disney heard this, he felt relieved. Chronos Li bought Disney for his daughter, so he will definitely invest heavily in cartoons to grow the Disney company...

"Mr. Li, first of all congratulations on having a lovely daughter, and second, I have decided to fully support your acquisition of Disney!" Roy Disney laughed.

The Disney family does not own many shares, and the company is actually controlled by capital forces, but because Roy Disney is a member of the Disney family, he has a lot of influence on the company's board of directors.

"Thank you for your support, Mr. Disney. Don't worry, with me here, Disney will definitely develop into the largest film company in the United States!"

"I have never doubted your ability! I think it seems that no one in the entire United States will doubt you, because you are a super genius and have achieved unimaginable achievements! Disney is in your hands. Came out of the trough!"

"Thank you Disney for your praise! Let's have a toast!" Li Zetian raised his glass and smiled.

"Okay, cheers."

Roy Disney and Dongfang Yuqin also raised their wine glasses, and then the three of them lightly clinked their wine glasses and drank it down...

With the backing of Roy Disney, it was much easier for Li Zetian to buy the Disney company.

After several rounds of negotiations, Li Zetian finally acquired 12% of Disney's shares for US$51 billion, obtaining an absolute controlling stake in the company.Immediately afterwards, Li Zetian merged Star Wars Film Company and Industrial Light and Magic Company into Disney Company and became a wholly-owned subsidiary of Disney Company.Finally, Li Zetian owns 72.5% of the Disney company!
As soon as the news came out, Hollywood couldn't help being in an uproar! ! !
The Star Wars film company has already made people jealous, but because they have no distribution capabilities, the Hollywood film giants are not worried, and they can even share a piece of meat.However, the Star Wars film company was merged into Disney, and the profits of film distribution were occupied by Disney. At the same time, Disney may have come out of the trough with the "Star Wars" series.The most important thing is that Disney has the support of Chronos Li, who is both financial and talented. This is what worries the film company the most!

After Li Zetian took over Disney, he first kicked out CEO Ron Miller and began to look for new candidates.

At this time, Roy Disney suggested: "Mr. Li, I suggest hiring Michael Eisner as the company's new executive. , and later he was in charge of Paramount Films, bringing the studio from the bottom of the six major Hollywood companies to the top, it can be said that he is a very good professional manager!!"

Michael Eisner is known to Li Zetian. After he took over the Disney company, he vigorously developed cartoons and passed a series of drastic reforms, including the crazy development of brand-driven product sales, upgrading Disneyland, and opening the production of non-G-level cartoons. Effective measures such as the film and television department of the film made Disney a leader in the industry within a few years. "The Lion King", "Beauty and the Beast" and "Pocahontas" were sold all over the world. The acquisition of Disney has enabled Disney to expand into the television industry and the publishing industry, becoming a giant-style cross-media group.

There is no doubt about Michael Eisner's ability, but this person has too much desire for power, is arbitrarily arbitrary, and is unwilling to train successors.

Li Zetian thought to himself, under his absolute control, Michael Eisner's desire for power is useless. I can give him the rights, but I can also deprive him of them!In addition, there are too many companies under my own name, and they are usually managed in a sheep-herding style. An independent figure like Michael Eisner is exactly what I need...

After a while, Li Zetian nodded and said: "Well, you can contact him to see if he is willing to come to Disney. However, I still have to interview him personally!"

"Okay, Mr. Li." Roy Disney nodded, and then went to contact Michael Eisner.

……

"Michael Eisner, hello, I'm Roy Disney, I wonder if you would like to come to Disney as CEO?" Roy Disney said, "If you want, come to Disney tomorrow morning and Mr. Li You just need to get his approval!"

Michael Eisner was taken aback for a moment, then thought for a while, and said, "Hi, Mr. Disney, I've made up my mind, and I'm willing to accept being the CEO of Disney!"

"I hope you can pass Mr. Li's interview!"

"I will!!!" Michael Eisner said confidently.

The next morning, Michael Eisner came to Disney and met with Li Zetian.Li Zetian was only worried about the butterfly effect, so he added an additional interview session.

"Michael Eisner, if you became the CEO of Disney, how would you develop Disney?"

"First of all, I will revive the cartoon..." Michael Eisner began to talk, and what he said was almost the same as the development direction of his previous life.

Li Zetian immediately decided to appoint him.

"Congratulations, Michael Eisner, you are now the CEO of Disney!"

From now on, Disney will be reborn from the ashes!

PS: There will be another change in the evening. There are already 1518 monthly tickets. Come on and vote, 1600 votes will be added tomorrow.

(End of this chapter)