hollywood billionaire

Chapter 49 Press Conference
"ladies and gentlemen,
Today marks an important milestone in the history of United Artists Management.As CEO, I am pleased to announce that we have sold a minority stake in the company to Parkway Capital, a leading global provider and manager of investment products, and its close and powerful partner, Han Capital.This move will provide us with additional resources to accelerate the company's growth and innovation plans, while also allowing us to maintain our independence and control as a private company.

As a brief introduction to those of you who may not be familiar with United Artists Agency, we are one of the world's leading talent and entertainment companies, representing a diverse range of actors, directors, musicians, athletes, authors and others in the creative industries.Angelina Jolie, Johnny Depp, Anthony Hopkins, we work with some of the most talented and influential people in the entertainment industry to help them build successful careers and achieve their business goals .

We have been blessed with significant growth in recent years. UTA's talented team has expanded our expertise and developed new business models.However, we realize that innovation within the company is not enough, we must continue to grow and innovate with external forces in order to stay ahead and meet the changing needs of our customers.

By partnering with Han Capital and Park Capital, we will have access to additional resources and expertise that will allow us to accelerate our growth and expand the company's existing scale.The two capital institutions have an excellent track record in supporting leading companies in various industries, and we are delighted to call them investors and future business partners.

Han Capital and Parkway Capital fully respect our independent decision-making power, which is also a right that UTA cherishes very much.Making the right decisions in the best interests of our clients is fundamental to our growth and a mission we are committed to continuing to fulfill.

We are excited about the future of United Artists, and thank our clients, partners and employees for their support as we embark on this new chapter of our journey.In the future, we will continue to provide customers with the highest level of service and professional guidance, and continue to push the limits of the entertainment world.

Thank you for your time, and we look forward to sharing more great news with you in the months and years to come. "

The speech draft, which is stable and without loopholes, can be seen from the internal public relations department of United Artists Management Company.Gorgeous rhetoric brimming with positive emotions, and nonsense literature that keeps going in circles on core issues are not only exclusive to politicians on Capitol Hill, but also the regular rhetoric of major Hollywood companies.

Cameramen from various media took photos sporadically, and the notebooks kept between the legs of the reporting reporters were empty. No one would record this kind of speech, because the manuscript had already been placed in the media bag for their later reports.

"Thank you, Mr. Zimmer."

After Jeremy Zimmer took his seat in front of the nameplate, Andrew Toh stood on the podium again.

"Next, let's invite Mr. Han and Mr. Le Pen to the stage."

Douglas Le Pen led the way, followed by Han Yi.Seeing the two investors coming to the stage, Jeremy Zimmer stood up enthusiastically and hugged and greeted them respectively.

Then, according to the station arrangement during the rehearsal, Zimmer stood on the far left, Le Pen on the right, and Han Yi in the middle. The three stood in front of the background wall and accepted the media's shooting.

The group photo of the three of them was a draft photo communicated by UTA's public relations department and various media in advance. Therefore, Han Yi just stood still at the place where the X-shaped tape was pasted, and the long guns and short cannons in front of him began to bombard intensively.

Han Yi is not good at taking pictures. In fact, as soon as the flash light appears, he will inevitably close his eyes subconsciously.But this time the experience was different. The flashes had become so dense that they formed a dazzling band of light, dwarfing even the spring afternoon sunshine in Los Angeles.

At this moment, Han Yi finally understood why the stars on the red carpet always opened their eyes perfectly.

With this intensity of light, even if he wanted to close it, Han Yi couldn't close it. Han Yi could only keep the normal curvature of his eyes as much as possible, showing a formulaic smile that he thought was invulnerable.Wherever the sound of 'look here' is made, the head will be turned there.

"I have to ask him to take more pictures, his face is frozen."

Standing behind the crowd, Xu Yiru, who observed Han Yi from the gap, sighed softly, but there was no trace of complaint in his eyes, full of pride and arrogance, and even a little bit of pampering.

Han Yi, who is at a loss, always reminds Xiaoru of his best friend before 1.85 million dollars.

It was a memory that belonged to her alone.

"Ah."

Zhao Youzhen next to him didn't need to look at people from the gap, he could see the whole picture by raising his neck slightly.

In front of Korean girls, Han Yi always has an expression of confidence and presence. Whether it's talking about music or history, have you ever seen his cheeks twitch unconsciously, and he doesn't even know where to put his hands?
Quite cute.

Yujin's smile is more relaxed and sweeter than at any time today.

"Please take a seat."

The media was left with 3 minutes of shooting time, and Andrew Tolfon spoke under the reminder of his assistant.

"As we mentioned before, each media has a chance to ask questions, ah... Let's start from the far right first." Andrew Tor looked down at the media seating area in front of him, ""Variety" magazine is the first One, Angelie."

Andrew nodded to Angelie Jackson, a black female reporter sitting at the farthest end of the first row. This is an old friend of the United Artists Management Company. When she worked for "Entertainment Tonight", she won two daytime Emmys She is UTA's close media partner, and she is responsible for most of the UTA-related reports when it comes to "Variety Show".

"My question is for Mr. Zimmer." Of course, the queen reporter is to give the CEO of UTA a chance to speak, "Mr. Zimmer, first of all, I would like to congratulate UTA for obtaining US$1.9 million in financing. After the institution has received such a large-scale capital injection , What specific plans do you have for the next step of development?"

"Thank you, Angelique, this is really great news for UTA. Wait, let me get this right." Jeremy Zimmer leaned forward, adjusting the microphone, as if wanting to Find the perfect vocal position.

"OK, get this bad boy out...$1.9 million is a rocket booster for any company, any organization that can help them make big strides. For UTA, this money will be mainly used for the following: The first is talent acquisition, talent is the core of the entertainment industry, whether it is producers, singer-songwriters, screenwriters or directors, this investment will enable us to acquire and attract more talents, and through our stronger The resource library provides them with more business opportunities and realizes their career plans, as I mentioned in my speech just now."

Jeremy Zimmer is a gestural speaker. He has to constantly change various gestures to communicate effectively. It was not obvious when he read the manuscript just now. It is easy to feel that the other party is making seals.

"The second is that we will invest in technology innovation, technology is changing the entertainment industry, and we need to be at the forefront of this change. Through this investment, we plan to develop and implement new technologies to enhance users on both ends. experience and streamline our operations."

Whether it's Jim Berkus standing on one side with his head bowed or Douglas Le Pen and Han Yi sitting on the stage, they all keenly captured the key words of Jeremy Zimmer's words, 'simplify the operating system ', Whose sphere of influence will this part of using technology to streamline?

"The third is international expansion. We already have a strong presence in the United States, but there are still very large untapped markets overseas. Through this investment, UTA will further enhance our international influence, especially in the growing demand for entertainment. growing Europe and Asia.”

"Does this mean that UTA will start looking to acquire acting agencies in the two regions?" Angelique asked.

"We can take a look, we can see what happens next." Jeremy Zimmer did not give a clear answer, he can talk about the direction at the press conference, but the specific decision will eventually go to the board of directors The proposal, especially the approval of the two new shareholders around him.The acquisition target has been found, and Zimmer is also confident that overseas assets will become another of his legions, but all this needs to be done slowly.

"The fourth is content creation. The packaging and support of film and television content has always been UTA's strength. We plan to increase the development and production of our own content, including movies, TV programs and digital media... The last point, we will seek Establish strategic partnerships with other companies in the entertainment industry, especially leaders in other fields. These partnerships can help us expand our business scope, increase market share, and provide our customers with more opportunities."

"Thanks to Mr. Zimmer ... the next outlet, the Los Angeles Times."

"David Wu, Los Angeles Times." This is a Chinese face with typical ABC characteristics." This question is given to two investors, Mr. Douglas Le Pen and Mr. Han Yi. The business is well-known, for the two of you, which business segment is the growth point that you are most concerned about? In your opinion, which areas can become the cash cow that will lead UTA's rapid growth in the future?"

"Very good question, David. Let me talk about my opinion first." Douglas Le Pen first met Han Yi's eyes, and he replied with a smile after being prompted by the latter's eyes of "please first" , "As an investor in United Artists Agency, I am very concerned about the growth potential of UTA's various business segments. However, if I had to choose a segment with the greatest potential, I would choose digital media and online content creation."

"In Parkway Capital's view, digital media and online user-made content creation are the core of the future entertainment industry. With the development of digital and Internet technology, the demand and market size in this field will expand exponentially. UTA can use its own With the experience and resources in the traditional entertainment business field, actively explore emerging digital platforms and social media, and further expand the territory of digital media business."

"Of course, international business is also one of the important growth points for UTA in the future. At the same time, as Mr. Zimmer said, technological innovation and digital transformation are imperative internal changes. As for how to accomplish this, I think the next step We will maintain close communication with UTA. Mr. Han and I will use our experience in capital management and business operations to help this institution smoothly advance to the next development cycle."

The first two-thirds of Douglas Le Pen's answer are irrelevant.Of course, digital media and user-generated content are the hot spots. This is something everyone present knows, so there is no need to mention it.The last paragraph is the key to the stakeholder group. This is equivalent to Douglas Le Pen giving all parties a reassurance—this acquisition is not the executioner introduced by Jeremy Zimmer.The company's structure can be changed, but how to change it depends on everyone sitting down and playing the cards clearly.

"Mr. Han, it's your turn."

"If I say that every business sector is very important, it sounds like a cliché." Han Yi pondered for a moment before slowly saying, "But the fact is exactly that. What the United Artists Management Company needs is not to separate a certain sector Come out as the leader of the next development. Both Mr. Le Pen and I know that we are investing in one of the four major entertainment agencies in Hollywood known as 'The Big Four'. What we want is to see it develop in a balanced manner. , there has been significant growth in each of the business lines involved. To achieve this, effective cross-departmental collaboration must be achieved.”

Collaborate across departments.

Douglas Le Pen nodded slightly, opened the mineral water in front of him and took a sip.Jim Berkus narrowed his eyes and creased a little at the corners.Jeremy Zimmer turned his head, folded his hands in front of him, and looked very serious.As the host of the press conference, Chief Operating Officer Andrew Tor pressed the microphone in front of him with his hand, as if he didn't want the noise to disturb Han Yi's next speech.

"When a company develops to such a scale, there are often information barriers and workflow mismatch problems between business segments, which will seriously delay the internal work progress and the effective development of external cooperation. Different departments have different professional knowledge And skills, of course, there are also unique network resources for each circle, cross-departmental collaboration can promote the exchange and integration of these knowledge, skills and connections, so as to create more innovative and competitive products and services.”

"So, when you mentioned cash cows, my opinion is that the future trend is difficult to predict. If UTA can accurately determine which business line is the outlet for the next five or ten years, then I believe, Even if they use their existing financial resources, it is enough to support the development of a single sector."

"It is precisely because of the uncertainty of the future that capital is needed to bear the accompanying unknown risks. The best way to resist the snowstorm, besides collecting as much firewood as possible, is to gather together for warmth. Therefore, in my opinion Come on, the next goal of UTA must be cross-departmental collaboration, and it is best to form a unified and integrated mechanism to connect all entertainment sectors, so as to take the lead in future market competition."

Han Yi's speech can be said to be of a very high level, and everyone heard the story they wanted to hear from his words.For external media, Han Yi is emphasizing the unity and integration of UTA, highlighting his consistent support for each business segment.For the top executives inside the company, what they hear is a completely different meaning.

Integrating the various sections undoubtedly means breaking the current tripartite system and bringing power to one corner.And in this process, who can really benefit?
From the perspective of Douglas Le Pen, Han Yi is preparing to increase investment, from holding a minority stake to obtaining an absolute controlling stake. As a partner, Parkway Capital will naturally enjoy the benefits.According to Jim Berkus, Han Yi is not satisfied with the current operation and management system of the company, and is trying to subvert the rule of Jeremy Zimmer.In the eyes of Jeremy Zimmer, Han Yi is instead expressing his support for the CEO, hoping to help him clear the obstacles to long-term power.

As for COO Andrew Toh?His idea is that if the company is going to undergo drastic personnel changes and plate integration, as the chief operating officer, he, who is in charge of enterprise architecture and overall collaboration, can profit from it?

These are exactly the goals that Han Yi wants to achieve in this answer. Even if everyone's thoughts are exactly opposite to his assumptions, it doesn't matter, or even better.If both Jim Berkus and Jeremy Zimmer feel that Han Yi intends to mistreat them, they will instead cooperate more in the next plan in order to regain Han Yi's support.

This is the pure power brought by tyrannical capital. No matter how Han Yi expresses his position or how others digest it, he still needs to achieve his goal in the end.

As for Xu Yiru?As an outsider, she naturally didn't understand the discord within UTA, and Han Yi didn't tell her in detail about the specific plans for this entertainment agency.

Xiaoru only knew that Han Yi's calm and eloquent appearance was really charming.

There is no need to pay attention, Xu Yiru also knows that Zhao Youzhen who is standing beside her also has the same idea.

A 22-year-old billionaire who can talk about the management of top brokerage companies without being stage-frightened in front of dozens of media is extremely rare even in the Platinum Triangle.Not to mention today looks like a cross between Ryan Gosling, Hugh Grant and Timothee Chalamet.

Xu Yiru can tell just how lethal this kind of man is to women when he feels his own heartbeat becoming more and more intense.

He also said that they supported each other on the way down the mountain.Before reaching the mountainside, he was about to be abducted.

Xiaoru's sense of crisis is getting stronger and stronger.

"Okay, ah, the next media." Andrew Tuo was immersed in thinking, and he woke up like a dream when the third urging came from the earphones, "Hollywood Report."

"Police Keeter, The Hollywood Reporter."

Polis Keeter's original question was intended for Jeremy Zimmer, who wanted to ask some tough questions about Johnny Depp's recent status.But after Han Yi's answer, he keenly realized that this young rich man of Chinese descent was the key point worth exploring.

who is he?from where?what to do
Nobody in all of Hollywood knows.

"Mr. Han, you look very young, which is obvious. Many of us are curious, how did you raise such a huge amount of funds, get the support of Parkway Capital, and successfully acquire a minority stake in UTA? Han Sir, let me be more specific, where do you get your money from?"

Hearing Polis Kitt's straightforward question like a sharp knife, the originally noisy conference scene suddenly fell silent.

Everyone is full of curiosity about a young and handsome mysterious rich man.

"For this question, I prepared a few reasons in advance, but..."

The interviewee, Han Yi, was not at all surprised. He had long expected that someone would ask such a question at the press conference.

Han Yi leaned forward, put his lips against the microphone, and smiled narrowly, making his voice as low as possible.

"Endowment."

(End of this chapter)