Chapter 570: Huo Mingjie Is Underestimated
In the business conference room at MGM headquarters.
The business negotiators on both sides are constantly arguing, trying to gain the greatest benefits for their respective sides.
However, because neither side has the intention to give in first, the situation is a bit stagnant for a while...
Huo Mingjie, who had just finished filming yesterday, has arrived here today and appeared in the business negotiation team sent by Green Shade Media and Sherfer Pictures.
Although Huo Mingjie is only a foreign star with a little fame in some small groups on the other side of the ocean, the foreigners on the opposite side obviously don’t know him.
But Huo Mingjie, who looks handsome and looks more noble and cold in a formal suit, is obviously not the same style as the bulging senior executives of both companies in the conference room!
Not to mention, Huo Mingjie was surrounded by a group of business team members from Green Shade Media and Sherfer Pictures, just like a boss.
The business team sent from the opposite side couldn’t help but cast their eyes on Huo Mingjie at this time.
Some MGM team members sitting in the back had even found relevant information about Huo Mingjie on the mainland network, and then sorted it into a small note and handed it to the team leader.
After roughly circulating it, the business negotiators on the MGM side were even more relaxed.
According to the general information they got at this time, Huo Mingjie on the opposite side was just from the entertainment industry, and he was even a young man who did not have a college degree.
Such a young man who really relies on his face to make a living may have gained a certain status in his agency just because of his ability to attract money and appeal to fans in mainland China.
So in the eyes of the elite old white men on the other side of the ocean, Huo Mingjie was obviously here to make up the numbers in this business negotiation and did not pose a threat...
As the boss of the company, Huo Mingjie did not participate too much in the company's operations and business negotiations before.
Generally speaking, what Huo Mingjie needs to do is to use his "unique and accurate vision" to control the decision-making direction, and then hand things over to others.
Like when acquiring Shelf Pictures before, Huo Mingjie did not participate in the whole process, and it was done by his cheap nephew Huo Chengyin and Xiang Zixin.
It was the first time for Huo Mingjie to sit in the conference room and personally watch the business talk like this. He had been watching coldly.
However, due to the big difference in the conditions of the two sides, the stalemate had already begun a war of words in the conference room, which was really boring.
Huo Mingjie sat there and couldn't help yawning...
Xiang Zixin, who was sitting next to Huo Mingjie, noticed that his boss was not interested at this time, so he turned slightly and whispered:
"Boss, I think we can pause for a while."
This was not Xiang Zixin flattering Huo Mingjie, but he really felt that since there were still big differences between the two sides, Huo Mingjie, the big boss, had precious time and there was really no need to waste it here...
Huo Mingjie nodded immediately after hearing this.
Then at this time, the MGM executives sitting opposite him instantly cast their eyes.
Huo Mingjie and Xiang Zixin's conversation immediately attracted everyone's attention.
After all, when the senior executives on the other side saw Huo Mingjie nod, they thought that Shelf Films was ready to give in...
At this time, Huo Mingjie raised his head slightly and glanced at the other side, then chuckled and said:
"Let's stop here. I haven't arranged too much time for this trip!"
When this was said, not to mention the senior executives of MGM on the other side, even Huo Chengyin, Xiang Zixin, and Leon on his side were stunned.
We want you to go back and rest, and let them help with the task of continuing the negotiation.
But what you said seems to mean that you want to give up the acquisition of MGM directly?
Huo Mingjie suddenly did this, and he didn't even tell his subordinates in advance, which caught both parties off guard.
Then in the stunned eyes of the opposite side, Huo Mingjie stood up and said to his people in a deep voice:
"Let's go, everyone has worked hard this time."
Huo Mingjie's attitude change was really a bit sudden, which caught his subordinates off guard.
But when Huo Chengyin, Xiang Zixin and the people from Lvyin saw that their boss was about to leave, they stood up without hesitation.
Leon of Scherver Pictures hesitated for a moment. After all, it was he who proposed the plan to acquire MGM and made the strategic decision.
But after all, Huo Mingjie was the boss of the company. Even if Leon, the vice president, wanted to persuade him again, it was not good for him to continue to say anything at this time.
So under the leadership of Huo Mingjie, everyone stood up and planned to leave the meeting room.
The MGM executives on the opposite side were also confused at this time.
That's not right. I asked for a sky-high price and you paid it back. Isn't that how business is negotiated!
You just don't want to talk about it at any time because of a disagreement?
After a moment of astonishment, these MGM executives exchanged glances with each other.
There are naturally experienced business negotiation experts in the MGM team on the opposite side. At this time, they suspected that Huo Mingjie's sudden attack was a negotiation skill.
For a moment, the opposite side was not panicked, but a little smile appeared in their eyes.
After all, turning the table over is a trump card that is only used when one is forced to do so.
Now it seems that they only need to make a little concession to facilitate this cooperation and dump MGM, which is already heavily in debt and has become a non-performing asset, on the other side!
Seeing that Huo Mingjie had already led his people to the door of the conference room, the white bearded president of MGM stood up and said:
"Mr. Huo, maybe we can make another concession... Increase your shares to 8.5%, plus five years of operating rights. If the board of directors passes a resolution after five years, you will continue to hold the operating rights!"
This condition requires Shelf Films and MGM to merge, and Huo Mingjie will have to come up with another 500 million US dollars.
Although MGM is still a company with many popular IPs and high-quality assets on the surface.
But if its liabilities are counted, the value will obviously be greatly discounted.
More importantly, the operating rights obtained by Huo Mingjie are still limited...
The main contradiction that the two sides are deadlocked in is here. After all, Huo Mingjie has never done such a loss-making business!
Huo Mingjie, who had already walked to the door, stopped when he heard the other side's condition of giving in.