pjbooks Chapter 598 Taking Down Marvel
Chapter 598 Taking Down Marvel
September 10, Beijing.
Fu Yibai had just finished a game of League of Legends when a new email notification popped up in the lower right corner of his computer screen.
The sender was Margaret, and the subject was: Marvel Acquisition Completed.
Fu Yibai opened the email; the text was very brief.
"Boss, the acquisition of Marvel Entertainment has completed all legal procedures yesterday."
Franchise Entertainment now holds a 51% stake in Marvel Entertainment, giving it a controlling stake.
Kevin Feige remains president of Marvel Studios, and financial approvals and distribution channels have been integrated into the franchise system. See the attached document for details.
The attachment contains three PDFs: a confirmation of equity structure, a management appointment document, and a draft project plan for the next three years.
Fu Yibai quickly flipped through the three documents, then called out to Zhang Xinyu.
"Xinyu, please book me a flight to San Francisco for tomorrow."
"Okay, Mr. Fu."
Do you need me to come with you?
"No need, you keep an eye on things in Beijing."
I'll only be there for a few days this time; I mainly want to check on the progress of Star Wars and the handover with Marvel.
"clear."
In the afternoon, Zhao Qi placed the final round of feedback on Chenxi Music's IPO in front of Fu Yibai, pulled up a chair, and sat down opposite him.
"The Hong Kong Stock Exchange wants us to add a detailed calculation of the expected revenue of 'Star Dream Girl' over the next three years to the prospectus."
The audit team worked through the night to finish it; I've reviewed it, and the data is correct.
Fu Yibai opened the document and read it from beginning to end.
The IPO of Morning Light Music has reached its final stage, and it is scheduled to ring the bell in early March. All preparations are in place.
He signed the last page and pushed the document back to Zhao Qi.
"Is there any progress with the investment banking regarding the valuation model for Xingchen Technology?"
"Still grinding."
Goldman Sachs and Morgan Stanley each released their valuations, with Goldman Sachs offering $220 billion and Morgan Stanley offering $250 billion.
The two sides were arguing fiercely, mainly because they disagreed on their assessment of the future growth curve of the Nebula X series.
Morgan Stanley is optimistic that the X series can replicate the growth trajectory of the iPhone, while Goldman Sachs is more cautious, mainly due to concerns about market size limitations.
Fu Yibai nodded.
Competition in the smartphone market will become increasingly fierce. His assessment is more conservative than Goldman Sachs', but the figure of $250 billion is still within a reasonable range.
"Don't rush to make a decision."
We'll determine the final price based on market feedback after the Nebula X4 is launched.
"clear."
The next morning, Zhang Xinyu drove Fu Yibai to the airport.
When the car entered the airport expressway, it was still dark. Fu Yibai sat in the back seat and looked at the messages on his phone. Fan Binbin had posted a selfie of herself just after waking up, with the background showing the messy blankets in the bedroom and her slightly protruding belly.
"Have a safe journey and come back soon."
"Okay. Take good care of yourself and don't run around."
"I can't go anywhere right now, my belly is too obvious."
Fu Yibai smiled and replied with a hug emoji.
The plane landed in San Francisco at 9:00 AM local time.
The California sun was shining brightly as Fu Yibai arrived at Lucas Corporation by car.
When he arrived, Catherine's assistant was already waiting at the door.
"Mr. Fu, Ms. Kennedy is waiting for you in the art department's conference room."
"Okay, let's go."
In the art department's meeting room, Catherine Kennedy was standing in front of a huge worktable.
The worktable was covered with concept design drawings and storyboard drafts, and several concept designers were gathered on both sides, discussing the color scheme for a certain scene.
Seeing Fu Yibai push the door open and come in, Catherine looked up and smiled.
"Director Fu, we meet again."
"Ms. Kennedy."
The two shook hands.
Catherine nodded to the designers, and they tidied up the drafts on the table and left the meeting room, leaving the two of them alone.
"After receiving your email saying you wanted to check on the progress, I had all the preparation materials prepared."
Catherine walked to the worktable and pointed to a colored storyboard spread out on it.
"The art design is 80% complete."
The set design for Jaku Star was finalized last week. We plan to build part of the set on location in the New Mexico desert and then add some green screen shots in a studio.
John is already negotiating the contract with the construction company.
Catherine pulled a project timeline from the folder and placed it in front of Fu Yibai.
The timetable uses different colored blocks to mark the progress milestones for each department.
"Based on the current pace of preparation, the art direction and set design can be completed by mid-August, and the costume and props will be delivered by the end of August, so the start of filming can be brought forward to September."
Fu Yibai looked through the timetable from beginning to end.
The progress of each department is indeed much faster than originally planned, mainly in the art and set design stages, which are almost a month ahead of schedule.
It was 4 p.m. when I left Lucasfilm.
The California sun was still shining brightly, and Fu Yibai checked into the InterContinental Hotel in downtown San Francisco.
He sent Yang Mi a message, briefly explaining that the filming start date had been moved up to September and that training would begin in October.
Yang Mi quickly replied with "Received," followed by a fist emoji.