I'm a chaebol in South Korea

Chapter 154 Prepare with both hands
Stephen Cooper agreed to his conditions because Li Zhenyu happened to step on his bottom line.

The management of MGM hopes to get rid of the constraints of creditors and obtain new funds to keep the company running normally.

And I don't want someone to take away the management right and make the company fall into the hands of outsiders.

1 million US dollars can ensure the normal operation of the company in the next two years, and the limit of repayment of 4 billion US dollars in 40 years can also guarantee the right to operate to a great extent.

In the end, it was 8% of the shares, which seemed not very important.

Of course, if Li Zhenyu can really turn the company into a profit within 4 years, pay off the 40 billion US dollars in foreign debts, and regain the glory that belongs to MGM.

What if the management rights are given to him?

One day, without him needing to speak, countless people will continue to support him to continue to run MGM.

A CEO who can make money is like a brother, and everything else is bullshit.

You can't make money, and the hype you talk about is rubbish.

Whether he can successfully take over MGM in the future depends entirely on Li Zhenyu's means and skills.

"Cooper, since everyone is our own, I will leave the release of my new movie to you."

Let Stephen Cooper continue to serve as the president, and Li Zhenyu's trust in him made Cooper himself doubtful.

Is there any distant relationship with him, or is it unreasonable!

When you get the management right, you shouldn't put your own people in the first place, control the important departments of the company, and ensure the transfer of power.

How did he get here? It was the other way around.

Not only let him continue to serve as CEO, but also put on an attitude of treating him as his own.

Hey, it's hard for me to do this!

Cooper was a little confused, and Li Zhenyu could see it clearly, but he also had no choice.

He also wants to install cronies, take over MGM from top to bottom, and firmly control the company in his own hands.

Let's have some scheming and intrigue, but...

He is nobody!

Li Zhenyu walked too fast, not to mention his confidantes, there were only two or three kittens who could be used.

If it weren't for the fact that no one was available, he wouldn't regard Cooper as one of his own.

However, this is not impossible.

Cooper has abilities, but his luck is not very good.

But at this time, taking over such a mess from MGM coincided with the financial crisis and the bad period of economic downturn.

Several projects and investments that were originally negotiated were all suspended due to the thunderstorm in the sub-mortgage market.

Projects that are expected to restart have also been completely shut down due to lack of financial support.

In this situation, Cooper still did not give up, and planned to gather all his strength to raise funds to shoot a 007 sequel, so that the public and investors could regain confidence in MGM.

Unexpectedly, the creditor jumped out at this time and dragged him back like a desperate man, with a vicious attitude of "If I don't make money, I just want to kill myself".

Cooper was so confused at the time, what is going on?

In fact, I really don't blame the creditors, they made me scared.

Believed in the signboard of MGM and jumped into the pit, I thought that we could fill the pit with concerted efforts.

But as soon as I got started, I found that there was kerosene buried in the pit, followed by a big fire (the subprime mortgage crisis), and everyone who burned jumped their feet in the pit.

Now, they just want to get out of the game as soon as possible, even if they lose money.

As long as it is cash, the loss of [-] to [-]% will be admitted with blood dripping.

After all, their own main business is also waiting for money to save their lives.

It is better to lose half of the fire and get out of the pit than to stay in the fire pit and burn slowly to death.

In such a complicated situation, Stephen Cooper was still able to barely support and delay the fate of MGM's bankruptcy and reorganization. His personal ability is really rare.

In the short term, Li Zhenyu is not worried that he will cheat and play tricks and make some noise behind his back.

After all, the interests and goals of the two are the same.

Restart the classic IP, pay off the debt, and regain the honor of MGM as the top eight.

Only in this way, the shares in his hands will become valuable from waste paper.

After signing the contract, Li Zhenyu issued the first administrative order: restart 007.

He wrote the script, and Stephen Cooper was tasked with putting together the best shooting team for it.

As the central area of ​​the global film industry, Hollywood has its own shooting process, and the industrialized assembly line is not blown out.

Each project starts with preparation, and different shooting teams are formed according to the style and needs of the film.

Generally speaking, art is the largest department of the production team, which is subdivided into design, scenery, props, visuals, etc.

Subdivided into junior art group, art director, guidance assistant, on-call director, draftsman, illustrator, graphic designer, storyboard annotator, model maker, coordinator...

They need to observe and revise the flaws and mistakes in the shooting at all times, whether the scenery is in place, whether there are any details in the play, and the shooting effect, and adjust according to the needs at all times.

The set crew, actually the field engineering department, was divided into responsibilities in order to ensure everything was in order.

Inside there are supervisors, supervisor assistants, set designers, set designers, purchasers, gardeners, etc.

This department has a large number of people and needs to work closely with various departments to ensure that all equipment and props are completed on time, manage department budgets, and arrange set construction and decoration.

In addition, you have to deal with various cumbersome inspections to ensure that the shooting team complies with all safety protocols.

The scenery setting team is the on-site construction team, and its duties are subdivided into: scenery setting engineer, construction coordinator, carpenter, painter, plasterer, set artist, sculptor, etc.

They are responsible for the construction on site. For example, if Li Zhenyu needs a house now, they will make a house that meets his requirements as quickly as possible.

Whether it's needing distressing, foam board for a rock or brick wall, or glass painted in a 'glass religious' style, they are the experts.

The number of props group is relatively small, including prop master, prop maker, weapon master and so on.

The prop master is responsible for confirming the accuracy of props, age, style, details, workmanship and so on.

The production of props is based on the information provided by the prop master, and the props are perfectly reproduced.

Weapon masters are responsible for managing all dangerous goods, such as swords, guns, gunpowder, etc. Due to the nature of their work, they often need to receive strict relevant training and obtain a license to use weapons.

The above is just the structure of the art department under the production team.

Meticulous division allows everyone to focus on their own responsibilities and not be distracted by other trivial matters, ensuring the normal operation of their own links to the greatest extent.

They are like precision parts running at high speed, and they together form a high-efficiency super racing car.

The director is the racer, the navigator is the producer.

The two just need to work together to drive this high-performance car to the finish line on the right track (script).

A behind-the-scenes team with a large number of people and a mature system is the basic guarantee for the progress and quality of the shooting.

Restarting 007 IP, the filming team is not difficult to find. MGM has a large contact list of personnel with good experience and ability.

What made Stephen Cooper hesitate was that Li Zhenyu himself was going to be the producer and director.

"Boss, it's too risky to do so."

Cooper did not directly object, but 'stand' in his position to think.

It's fine to restart 007 as soon as you take it over.

From the top to the bottom of the company, no one will object, 007 is their trump card to turn around.

But his act of being a producer and director is too risky.

The premise of the production center system is that the producer must assume all responsibilities related to the project.

Once the film fails, the first to suffer must be the producer.

If, just to say that if 007 fails to start, the results obtained are not ideal.

Li Zhenyu will definitely be held accountable by creditors and shareholders, and the management will also put pressure on him, but it will definitely affect the right to operate.

For him, this is not worth the candle.

But under Li Zhenyu's repeated insistence, Stephen Cooper could only obey orders.

Forming a united front with the new boss is not a bad thing, at least for now.

Shareholders and creditors are pressing harder and harder. With Li Zhenyu as his new backer, Stephen Cooper can finally relax for a few days and take a break.

However, he had to make plans earlier.

Once the film fails, you must ensure that your rights are not affected.

And how to take away the right to review the project from the new boss, and persuade him to make a second investment, so that he can restart the IP again to reverse the situation.

For a big financial backer like Li Zhenyu, Stephen Cooper has no intention of driving him out of the company.

After driving away the benefactor's father, who will back him up with investment?
(End of this chapter)