Rebirth of the Strongest Tycoon
Vol 3 Chapter 905: CAA that has not yet risen
"BOSS, CAA's station is on the third floor."
Three black Rolls-Royce Phantoms parked neatly in the parking space on the side of the road. Xia Yu and the others got out of the car. Assistant Gordon Simpson pointed to a hanging sign on the third floor ten meters away.
"Let's go!"
Xia Yu nodded slightly, and Gordon Simpson led the way.
After a while, a group of people came to the reception of CAA. Gordon Simpson went to negotiate, took out a business card and handed it to the front desk, saying: "Hello, we are from Polaris Capital. We made an appointment yesterday. This is our company. business card."
"Okay, please wait, you guys sit there first."
After speaking at the front desk, he took out the appointment book and looked through it a few times. After confirming that it was correct, he made a call, said a few words and then hung up, and said respectfully to Gordon Simpson: "Hello, our president just has In the office, my colleague will take you there."
"Ok."
Under the leadership of a female employee, before Xia Yu and others arrived at the president's office, they saw someone standing at the door and greeted him with a smile. Xia Yu recognized Michael Ovitz at a glance.
"Hello, I am Michael Ovitz, and welcome you!"
Michael Ovitz warmly shook hands with everyone one by one to express welcome.
Yesterday, after the appointment of Polaris Capital, he learned about the situation of Polaris Capital. He was shocked by the strength of Polaris Capital. He couldn't calm down for a day. Expectation, anxiety, entanglement and other emotions lingered in his heart.
Seeing Michael Ovitz’s exploration gaze, Gordon Simpson introduced Xia Yu to him: "Mr. Ovitz, this is the BOSS of our Polaris Capital Company, Mr. Xia Yuxia."
"Mr. Ovitz, hello!"
After Gordon Simpson introduced, Xia Yu said with a smile.
Hearing that Xia Yu turned out to be the boss of Polaris Capital, Michael Ovitz was shocked and not calm at the same time. His attitude became more enthusiastic, even with a hint of respect. He greeted Xia Yu into the office quickly at the same time: "Mr. Xia, very It's an honor to meet you, please inside!"
"Thank you!"
After entering, the female employee was preparing coffee. Michael Ovitz was a little uncomfortable and asked first: "Mr. Xia, I don't know what kind of business you come to our company?"
Xia Yu smiled slightly, nodded and said frankly: "Our company intends to get involved in the film industry, and the brokerage company is in the industry chain, so I have been investigating brokerage companies these days. Your company is the second one I came to.
"Mr. Ovitz, can you introduce your company to me?"
Hearing that his company was the second under investigation, Michael Ovitz was not happy and surprised. He was pleasantly surprised by the arrival of the owner of Polaris Capital, but now he suddenly feels disappointed.
To calm the inner fluctuations, Michael Ovitz agreed and said: "Of course it's no problem, it's my honor."
"Our company was founded in 1975. After five years of development, our CAA is now a well-known Hollywood brokerage company, and the growth momentum is also the most violent. And just last month, we followed Sean Connery and Paul After Newman, once again signed a superstar Dustin Hoffman..."
Polaris Capital's ability to collect business intelligence is very powerful. Xia Yu has already seen the detailed information of CAA. At this time, asking Michael Ovitz to introduce his company is nothing more than pretending to be ignorant to gain the initiative and waiting for an opportunity to elicit topics. That's it.
Xia Yu can tell the difference easily. Mike Ovitz is boasting about CAA, not mentioning its weaknesses.
CAA, the full name of innovative elite cultural brokerage company, has five founders, namely Michael Ovitz, Ron Meyer, Mike Rosenfeld, William Hubble and Roland Perkins, all of whom are He resigned from the top brokerage firm William Morris in Hollywood.
After that, the sixth partner Martin Baomu joined, opening the ceiling for CAA and boosting CAA's rapid growth.
Now CAA has also signed three superstars, as well as some potential little stars or newcomers. The company has only 28 agents. The growth is relatively fast, but the shortcomings are also quite obvious, that is, the foundation is too thin. Relying on the hard work of founders such as Michael Ovitz.
With CAA's revenue reaching 15 million U.S. dollars last year, CAA's growth rate has slowed significantly.
As far as Xia Yu knows, CAA has annual revenue of 15 million U.S. dollars, but its net profit is only 4.6 million U.S. dollars, and Michael Ovitz, as the president, has an annual salary of only 300,000 U.S. dollars.
Looking at the spot to know the leopard, we can see the true strength of CAA today.
Because of his understanding, Xia Yu listened to Michael Ovitz’s introduction as a joke, except that he kept a smile on his face throughout, nothing unusual.
"Mr. Xia, I'm finished. CAA's situation is probably that."
Michael Ovitz finished speaking with a long sigh of relief and took a sip of coffee.
"Mr. Ovitz, after listening to your introduction, CAA does have some obvious advantages, but for us, it is still too weak."
Xia Yu shook his head slightly and said.
Hearing this, Michael Ovitz couldn't help but rise in anger, but when he thought of the strength of Polaris Capital, he felt a sense of powerlessness.
With a smile on his face, Xia Yu said to Michael Ovitz: "Mr. Ovitz, I’m sorry to say that, but this is indeed true. Our company likes big investments, just like our $1.1 billion investment in IBM, rather than small investments. Wait, we prefer to spend money to save time."
Michael Ovitz disappeared in a rage, and some were just unwilling and bitter, and others were telling the truth. What could he do?
Xia Yu's invisible pretense hit him even more!
Realizing that the impact was almost over, Xia Yu suddenly changed his conversation and said, "But compared to CAA, I am more optimistic about you. The reason why I stopped by CAA to have a look is because I heard others talk about you. , You do have qualities and abilities that surpass others."
Michael Ovitz was in a better mood. After thanking him, he calmly asked, "Then Mr. Xia, can I know your plan?"
"I want to invest in you, and both you and CAA need strong capital as a backing, don't they?"
Michael Ovitz was hit by Xia Yu one after another just now. He was a little unhappy. At this moment, he suddenly heard Xia Yu want to invest in him. Instead, he reacted a little and tried to regain some initiative for himself: "Mr. Xia, thanks Your recognition of me, but I don’t think CAA is short of funds. CAA is already on the right track. Success is a matter of time and I am confident.”
Xia Yu said: "Mr. Ovitz, don't refuse, do you want to hear my views on other brokerage companies?"
Michael Ovitz realized that Xia Yu wanted to hit him sideways, but he still wanted to hear what Xia Yu wanted to say, nodded and said, "Of course, this is my honor."
After taking a sip of coffee to moisturize his voice, Xia Yu said: "In the field of agency, the most powerful thing today is MCA Group. Lou Wasserman has unparalleled influence in the entertainment industry. He can be called the emperor of the entertainment industry. The company is under pressure. I heard that your idol is him, so you should be very aware of the strength of the MCA Group."
These words, Michael Ovitz was speechless, because it is indeed true. His goal is to become a figure like Lou Wasserman, who has planned and dominated the way Hollywood works for decades.
Xia Yu smiled slightly, and then said: "William Morris Brokerage Company is the company you used to work for. You should also be very clear that this is a top Hollywood brokerage company with annual revenue of more than 100 million US dollars. There are more than one hundred and fifty brokers under its umbrella, and both assets and influence in Hollywood are far above CAA."
"Of course, I was planning to acquire this company from the beginning, at best it would cost hundreds of millions of dollars."
Michael Ovitz's face was suddenly ugly, and tremendous pressure rose in his heart.
He came from the William Morris Brokerage Company. He naturally knows the strength of his old company. If it is acquired by Polaris Capital, then it will have strong support from Polaris Capital. From the current situation of Hollywood's brokerage industry with one superpower and many strong players, it has become a bipolar competition for hegemony. Then the two will fight each other, and their medium and small brokerage companies will definitely be unlucky.
Large companies have the confidence to increase salaries and treatments, but if they do, the company will easily fall into a loss and enter an endless loop.
Michael Ovitz’s ugly face was captured by Xia Yu. He pretended not to notice, and continued to focus on: “Let’s not talk about large brokerage companies. Let’s look at medium-sized brokerage companies, such as the International Innovation Management Company on Constellation Avenue. CAA was founded in the same year, but it started by combining the two brokerage companies, the Innovation Management Association and the famous international brokerage company, into one. It is also a subsidiary of the listed company Josephson International, with strong financial resources.
"Although the previous years have caused a lot of disputes due to improper management, after the new president Jeffrey Berg took office at the beginning of this year, he has allowed the international innovation management company to develop at a high speed, showing a strong aggressiveness. There is no doubt that the future of Hollywood The top brokerage company must have its seat."
"I heard that international innovation management companies have been digging corners. I wonder if they have digged into CAA?"
Hearing this, Michael Ovitz’s face is as dark as the bottom of a pot, and the International Innovation Management Company is his opponent. He has dug out many celebrities and agents. If not for his active work, does CAA have three major Superstars are hard to say.
He hated the international innovation management company's unscrupulous expansion by relying on capital, but behind the hatred, is it not the mentality of saying grapes sour without eating grapes?
If CAA has enough funds, he will do more than international innovation management companies!
Pay attention to everything in moderation.
Seeing that Michael Ovitz had been hit so hard that he couldn't force a smirk, Xia Yu showed a kind smile and returned to the topic and said: "Mr. Ovitz, if we cooperate, CAA can definitely become a top Hollywood agency. You will realize your dreams, gain huge prestige and wealth, and I will improve the industrial chain and get a certain return on venture capital."
"What do you think of my proposal?"
Michael Ovitz had already agreed to accept the investment of Polaris Capital at this time, but he completely lost the initiative during the whole process. If he rashly agreed, he would definitely be killed.
Furthermore, although he was promoted to president by other partners last year~www.ltnovel.com~, he did not hold much equity, only 25%, so he could not be the master.
Thinking of this, he calmly said to Xia Yu with an apologetic face: "Mr. Xia, I am a little confused now, and I cannot think clearly for the time being, and CAA has five other partners. This matter must be done through collective discussion. Decided."
Xia Yu smiled slightly and said understandingly: "I know, but I hope you will think about it. I am really optimistic about you."
"Let’s do this for today, it's getting late, I also made an appointment with Wiseborn, the president of William Morris Brokerage, in the morning, now it's over."
Michael Ovitz's heart sank, and he managed to squeeze out a smile, sending Xia Yu and others out the door.
Watching the three Rolls-Royce Phantoms start moving in the direction of the old owner, Michael Ovitz was under great pressure and immediately notified five partners to come to the company for an emergency meeting.
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