New York 2006
Chapter 291 Arrangements for Next Year
Chapter 291 Arrangements for Next Year
2009 7 Month 20 Day.
Luo Ji stood in front of Logic Pictures and was being interviewed by a group of reporters.
A CNBC female reporter asked: "Logic, we have received news that someone said that Michael Jackson invested a sum of money in your private equity fund during his lifetime. Is this true?"
"Yes."
"When?"
"Last September."
The female reporter continued to ask: "How much money did Jackson invest at the beginning? Can you tell me how much the value has increased now?"
Luo Ji waved his hand: "This is a company secret and cannot be disclosed."
"Did Jackson say anything to you when he was investing?"
Luo Ji looked reminiscing.He said with a serious face: "He said at the time that he was getting older and wanted to leave something to his children. So he planned to put the money in my fund for a long time, and when the children grew up, they would decide whether to withdraw it. This is The gift he left to his children.”
Another reporter asked: "Logic, what do you think of Jackson?"
Luo Ji said with some sadness: "He is a well-deserved world superstar. Losing him is a pity for the whole world."
A TMZ reporter asked: "Logic, have you gone to see Harry Potter and the Half-Blood Prince, which just came out?"
"I watched it. The quality of the movie is very high. I highly recommend everyone to watch it."
Luo Ji conveyed all the news he wanted to convey to the media. He then said, "This is the end of today's interview. Everyone, please leave!"
After speaking, Luo Ji walked toward the company, leaving behind a group of reporters who were still asking questions.
…………
Logic Films Office!
Luo Ji listened to the company CEO Yang Yanzi's arrangements for future work.
"In the second half of this year, the most important thing is the filming of "The Twilight Saga 3". Preparations have begun and will be officially launched in mid-September."
"Yeah." Luo Ji said he was listening.
Yang Yanzi continued: "Now that the shooting of "World War of the Dead" has been completed, special effects production will be carried out in the second half of the year. It is estimated that the finished product will be seen by the end of the year. The two American dramas have now been broadcast on TV stations and have received good responses. They will be broadcast in the second half of the year. Come out and take pictures."
"Uh-huh."
"The production of "Deus Ex Machina" has been completed and will be released during the Halloween period."
"The documentary about dolphins has now been named "The Cove". I have discussed it with the director of the documentary and plan to release it in art theaters at the end of the year to prepare for next year's Oscars."
Luo Ji was very confused: "Oscar? Do you think you can win it?"
"There is a high probability!"
Luo Ji didn't refute. He promised to give the CEO a certain degree of freedom: "Okay, you can make arrangements."
"Ok."
Luo Ji thought for a while and said: "In addition to the company's sequel movies and TV series next year, plus "Les Miserables" that I asked you to prepare. I will give you a movie quota next year. You can choose the project yourself. The production capital should not exceed 4000. Thousand-meter knife.”
"Okay." Yang Yanzi nodded.
Luo Ji smiled at her: "Don't resent me for only giving you an independent movie quota. You also know that the company's debt is relatively high now, and we have to use profits to pay off the debt."
"Yeah, I know." Yang Yanzi said understandingly.
In order to acquire Marvel, Luo Ji mortgaged Logic Pictures and borrowed $8 million in cash from East West Bank.
Marvel Entertainment is also a leveraged buyout, taking out a $15 billion mortgage loan from Goldman Sachs.Including Marvel's previous debt of $4 million, Marvel's debt now reaches a staggering $19 billion.
In other words, Luo Ji's two film companies now have a total debt of US$27 billion.
In the next two to three years, the profits of these two film companies will be used to repay the loans in addition to maintaining the company's operations and project investment.
It will be difficult for Luo Ji to get cash support from the film company.
Yang Yanzi suddenly said: "Boss, I wonder if you have heard about what happened in Hollywood recently?"
"whats the matter."
"Disney acquired Dark Horse Comics with a price-to-earning ratio of 42 times for RMB [-] million. It is preparing to enter the comic book movie market."
Luo Ji said, "Of course I know this. Everyone is planning a comic book movie."
Yang Yanzi said with a smile: "Judging from Disney's acquisition, your original price-earnings ratio of 40 times when you acquired Marvel was not bad." Indeed, with the comparison of Disney, recent media discussions about Luo Ji's acquisition of Marvel have become less critical.
Luo Ji said calmly: "Disney, like Buffett, is also a follower!"
Yang Yanzi's eyes widened and she looked at Luo Ji in surprise, not knowing how to answer this sentence.
Luo Ji smiled and waved his hand: "If nothing happens, just go out!"
"Okay... okay."
…………
After Yang Yanzi left, Luo Ji lowered his head and processed various company affairs on the computer.Half an hour later, Luo Ji's personal cell phone rang. It was Xu Youyu, CEO of the investment company.
He said: "I told the people in the Jackson Estate Management Committee that I would not inform them of the results until the police investigated the cause of Jackson's death. They agreed without too much entanglement."
"Uh-huh."
Luo Ji could understand their retreat. Sony/ATV were the majority of Jackson's legacy.The more than 2000 million that Jackson has in private equity funds is not yet worthy of their hostility against Luo Ji, a super rich man.
However, it will be difficult to say when the inheritance battle is completely over.But Luo Ji didn't worry too much about this, it was no longer a big deal to him.
Xu Youyu then asked: "Logic, have you received any news that I don't know about?"
"No, don't think about it!"
Xu Youyu continued to ask: "Then why did your attitude change so much? You must have encountered something."
Worthy of being an elite!The sense of smell is very sensitive!
Luo Ji knew that he couldn't hide it, so he hinted: "Jackson's death may not be due to fatigue as the mainstream media said. I am not in a position to disclose the details. Anyway, you should be able to see the news in the media after a while."
"Ah..." An exclamation came from Xu Youyu opposite, and he lowered his voice and whispered: "You mean Jackson killed himself?! That's Michael Jackson!"
"As long as you know, don't spread it!" Luo Ji then said: "Anyway, no matter who wants to take Jackson's money now, don't agree. The form is unclear."
"Including people from the Jackson family?"
"Including them!"
"Okay." Xu Youyu replied with a somewhat absent-minded voice, obviously overwhelmed by the news.
"It's okay, I'll hang up!"
"Bye...bye!"
After hanging up the phone, Luo Ji crossed his fingers and propped his chin up to think.
Although mainstream media reported that Jackson died from fatigue, there has been no official explanation for Jackson's death.Some speculations gradually spread on the Internet.
They said there were many people who wanted Jackson dead and that a dead Jackson would be worth more.
The biggest suspects are naturally the stakeholders, such as the three estate administrators, who bear the brunt of the blame.
There is also Sony, because the two parties have always had conflicts. Jackson has said many times in the media that Sony wants to annex 50% of his Sony/ATV shares.
This is also based on facts. Sony has been acquiring other music copyright libraries, so Jackson will continue to invest money in Sony/ATV.
This also strained Jackson's finances, so he held concerts to make money.
And Jackson died 20 days before the concert, which also made Sony's suspicion even greater.
However, just killing Jackson won't work either.Sony also has to convince the Jackson estate to sell Sony/ATV.
These conspiracy theory speculations are not reported by the mainstream media because there is no evidence.
If all this is not accidental, there really is a mastermind behind the scenes, or a group of masterminds behind the scenes who have united together to design all of this.That would be horrible.
This group of elites must have done it very cleanly, and it is absolutely impossible for others to find out.Jackson's personal doctor, who may be the most suspect, just had his medicine secretly changed. He may not even know it, and he became the one who took the blame.
However, there were too many ways for this doctor to take the blame, and Luo Ji could think of more than a dozen ways alone.
Thinking of this, Luo Ji shuddered all over.Anna Nicole Smith was poisoned to death before.
Some people are willing to do anything for profit!
Luo Ji then thought, if he died suddenly, what would happen after him?
In addition to his two children and his mother, Sami, Luo Ji also has a large number of relatives.Millions and tens of millions may be reconciled, but assets worth billions of dollars are likely to turn into a drama like Jackson's inheritance dispute.
Relatives around him, because of their own interests, started to fight in the media, fighting for the primary custody of their children, and went to court.It would be such a failure if the whole country knew about it.
Looks like it’s time to make a will!
Even if he suddenly died one day due to inexplicable reasons, his business empire would still be distributed according to his own will.
(End of this chapter)
2009 7 Month 20 Day.
Luo Ji stood in front of Logic Pictures and was being interviewed by a group of reporters.
A CNBC female reporter asked: "Logic, we have received news that someone said that Michael Jackson invested a sum of money in your private equity fund during his lifetime. Is this true?"
"Yes."
"When?"
"Last September."
The female reporter continued to ask: "How much money did Jackson invest at the beginning? Can you tell me how much the value has increased now?"
Luo Ji waved his hand: "This is a company secret and cannot be disclosed."
"Did Jackson say anything to you when he was investing?"
Luo Ji looked reminiscing.He said with a serious face: "He said at the time that he was getting older and wanted to leave something to his children. So he planned to put the money in my fund for a long time, and when the children grew up, they would decide whether to withdraw it. This is The gift he left to his children.”
Another reporter asked: "Logic, what do you think of Jackson?"
Luo Ji said with some sadness: "He is a well-deserved world superstar. Losing him is a pity for the whole world."
A TMZ reporter asked: "Logic, have you gone to see Harry Potter and the Half-Blood Prince, which just came out?"
"I watched it. The quality of the movie is very high. I highly recommend everyone to watch it."
Luo Ji conveyed all the news he wanted to convey to the media. He then said, "This is the end of today's interview. Everyone, please leave!"
After speaking, Luo Ji walked toward the company, leaving behind a group of reporters who were still asking questions.
…………
Logic Films Office!
Luo Ji listened to the company CEO Yang Yanzi's arrangements for future work.
"In the second half of this year, the most important thing is the filming of "The Twilight Saga 3". Preparations have begun and will be officially launched in mid-September."
"Yeah." Luo Ji said he was listening.
Yang Yanzi continued: "Now that the shooting of "World War of the Dead" has been completed, special effects production will be carried out in the second half of the year. It is estimated that the finished product will be seen by the end of the year. The two American dramas have now been broadcast on TV stations and have received good responses. They will be broadcast in the second half of the year. Come out and take pictures."
"Uh-huh."
"The production of "Deus Ex Machina" has been completed and will be released during the Halloween period."
"The documentary about dolphins has now been named "The Cove". I have discussed it with the director of the documentary and plan to release it in art theaters at the end of the year to prepare for next year's Oscars."
Luo Ji was very confused: "Oscar? Do you think you can win it?"
"There is a high probability!"
Luo Ji didn't refute. He promised to give the CEO a certain degree of freedom: "Okay, you can make arrangements."
"Ok."
Luo Ji thought for a while and said: "In addition to the company's sequel movies and TV series next year, plus "Les Miserables" that I asked you to prepare. I will give you a movie quota next year. You can choose the project yourself. The production capital should not exceed 4000. Thousand-meter knife.”
"Okay." Yang Yanzi nodded.
Luo Ji smiled at her: "Don't resent me for only giving you an independent movie quota. You also know that the company's debt is relatively high now, and we have to use profits to pay off the debt."
"Yeah, I know." Yang Yanzi said understandingly.
In order to acquire Marvel, Luo Ji mortgaged Logic Pictures and borrowed $8 million in cash from East West Bank.
Marvel Entertainment is also a leveraged buyout, taking out a $15 billion mortgage loan from Goldman Sachs.Including Marvel's previous debt of $4 million, Marvel's debt now reaches a staggering $19 billion.
In other words, Luo Ji's two film companies now have a total debt of US$27 billion.
In the next two to three years, the profits of these two film companies will be used to repay the loans in addition to maintaining the company's operations and project investment.
It will be difficult for Luo Ji to get cash support from the film company.
Yang Yanzi suddenly said: "Boss, I wonder if you have heard about what happened in Hollywood recently?"
"whats the matter."
"Disney acquired Dark Horse Comics with a price-to-earning ratio of 42 times for RMB [-] million. It is preparing to enter the comic book movie market."
Luo Ji said, "Of course I know this. Everyone is planning a comic book movie."
Yang Yanzi said with a smile: "Judging from Disney's acquisition, your original price-earnings ratio of 40 times when you acquired Marvel was not bad." Indeed, with the comparison of Disney, recent media discussions about Luo Ji's acquisition of Marvel have become less critical.
Luo Ji said calmly: "Disney, like Buffett, is also a follower!"
Yang Yanzi's eyes widened and she looked at Luo Ji in surprise, not knowing how to answer this sentence.
Luo Ji smiled and waved his hand: "If nothing happens, just go out!"
"Okay... okay."
…………
After Yang Yanzi left, Luo Ji lowered his head and processed various company affairs on the computer.Half an hour later, Luo Ji's personal cell phone rang. It was Xu Youyu, CEO of the investment company.
He said: "I told the people in the Jackson Estate Management Committee that I would not inform them of the results until the police investigated the cause of Jackson's death. They agreed without too much entanglement."
"Uh-huh."
Luo Ji could understand their retreat. Sony/ATV were the majority of Jackson's legacy.The more than 2000 million that Jackson has in private equity funds is not yet worthy of their hostility against Luo Ji, a super rich man.
However, it will be difficult to say when the inheritance battle is completely over.But Luo Ji didn't worry too much about this, it was no longer a big deal to him.
Xu Youyu then asked: "Logic, have you received any news that I don't know about?"
"No, don't think about it!"
Xu Youyu continued to ask: "Then why did your attitude change so much? You must have encountered something."
Worthy of being an elite!The sense of smell is very sensitive!
Luo Ji knew that he couldn't hide it, so he hinted: "Jackson's death may not be due to fatigue as the mainstream media said. I am not in a position to disclose the details. Anyway, you should be able to see the news in the media after a while."
"Ah..." An exclamation came from Xu Youyu opposite, and he lowered his voice and whispered: "You mean Jackson killed himself?! That's Michael Jackson!"
"As long as you know, don't spread it!" Luo Ji then said: "Anyway, no matter who wants to take Jackson's money now, don't agree. The form is unclear."
"Including people from the Jackson family?"
"Including them!"
"Okay." Xu Youyu replied with a somewhat absent-minded voice, obviously overwhelmed by the news.
"It's okay, I'll hang up!"
"Bye...bye!"
After hanging up the phone, Luo Ji crossed his fingers and propped his chin up to think.
Although mainstream media reported that Jackson died from fatigue, there has been no official explanation for Jackson's death.Some speculations gradually spread on the Internet.
They said there were many people who wanted Jackson dead and that a dead Jackson would be worth more.
The biggest suspects are naturally the stakeholders, such as the three estate administrators, who bear the brunt of the blame.
There is also Sony, because the two parties have always had conflicts. Jackson has said many times in the media that Sony wants to annex 50% of his Sony/ATV shares.
This is also based on facts. Sony has been acquiring other music copyright libraries, so Jackson will continue to invest money in Sony/ATV.
This also strained Jackson's finances, so he held concerts to make money.
And Jackson died 20 days before the concert, which also made Sony's suspicion even greater.
However, just killing Jackson won't work either.Sony also has to convince the Jackson estate to sell Sony/ATV.
These conspiracy theory speculations are not reported by the mainstream media because there is no evidence.
If all this is not accidental, there really is a mastermind behind the scenes, or a group of masterminds behind the scenes who have united together to design all of this.That would be horrible.
This group of elites must have done it very cleanly, and it is absolutely impossible for others to find out.Jackson's personal doctor, who may be the most suspect, just had his medicine secretly changed. He may not even know it, and he became the one who took the blame.
However, there were too many ways for this doctor to take the blame, and Luo Ji could think of more than a dozen ways alone.
Thinking of this, Luo Ji shuddered all over.Anna Nicole Smith was poisoned to death before.
Some people are willing to do anything for profit!
Luo Ji then thought, if he died suddenly, what would happen after him?
In addition to his two children and his mother, Sami, Luo Ji also has a large number of relatives.Millions and tens of millions may be reconciled, but assets worth billions of dollars are likely to turn into a drama like Jackson's inheritance dispute.
Relatives around him, because of their own interests, started to fight in the media, fighting for the primary custody of their children, and went to court.It would be such a failure if the whole country knew about it.
Looks like it’s time to make a will!
Even if he suddenly died one day due to inexplicable reasons, his business empire would still be distributed according to his own will.
(End of this chapter)
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