hunt hollywood

After the Westeros system banned the Hearst Group two weeks ago, it launched another more aggressive offensive.

Paul Lamart, a former business owner who once ran an auto parts factory in Edwardsville, Illinois, pointed out that the local newspaper "Edwardsville Reporter" was in the two years from 1986 to 1987 because of his personal relationship with a senior newspaper executive. The Edwardsville Reporter published six consecutive false reports accusing his companies of tax evasion and product quality problems. The investigation and severance of cooperation eventually led to the bankruptcy of his factory.

Paul Ramat filed a lawsuit against the Edwardsville Reporter for malicious defamation causing serious damage to personal property, demanding a total of $6000 million in damages.At the same time, 263 workers who were unemployed due to the closure of the parts factory also jointly filed a class action lawsuit against the "Edwardsville Reporter", with a cumulative claim amount of more than 5000 million US dollars.

Eyes turned to San Antonio, Texas, in the southern United States.

In 1991, a horrific case of a priest molesting a boy occurred in San Antonio, and as many as 21 victims were recorded by the police.

The priest involved was eventually sentenced to life in prison.

Although justice was delayed for many years, it finally came.

However, during the investigation of the case, the local "San Antonio Impression" in San Antonio, in order to pursue news hotspots to attract public attention, continued to use direct or indirect methods in the face of explicit protests from the families of the victims and even warnings from the local prosecutor. The personal information of 15 of the victims was exposed, which eventually led to the suicide of a 12-year-old boy due to unbearable pressure. The personal lives of the other 14 children whose personal information was exposed were also seriously affected.

Now, 15 families jointly filed a lawsuit against the "San Antonio Impression" for serious violations of citizens' privacy rights, demanding a formal apology and a total of 15 million US dollars in compensation for the 8000 victims.

Connecticut on the east coast of the United States, and Stanford is adjacent to the north of Greenwich.

During the most prosperous period of the American real estate bubble in the 80s, a group of homeowners in Stanford purchased 1986 apartments in a newly developed community with a total of 200 properties in the northern part of the city around 61. As a result, these apartments were later detected to be illegally used during the construction process. Serious carcinogenic asbestos material.

The real estate developers involved have closed down due to subsequent lawsuits and the economic turmoil caused by the 87 stock market crash, and many owners have not been able to obtain due compensation.

After many victims communicated with each other, they found that most of the owners chose to buy a house in that community because of the influence of the large-scale advertisements in the local "Stanford Advocate". Serious fact vocabulary as a propaganda slogan.

As a result, 61 owners who have been trapped in the unfinished community until now filed a lawsuit against the Stanford Advocate on the Monday after Easter on charges of false advertising and other charges, demanding that the newspaper publicly apologize and claim a total of more than 6000 yuan. Ten thousand dollars in compensation for personal property loss, potential health damage, etc.

The exposure of the news of three lawsuits with a cumulative claim amount of up to 2.5 million US dollars directly shocked the American society, and the large traditional media groups in North America felt a chill down their spines.

There is no doubt that the three newspapers involved in the lawsuit are all media owned by the Hearst Group.

Moreover, in these three lawsuits alone, the huge claim of 2.5 million US dollars is already equivalent to one-tenth of the total assets of the Hearst family.

The Westeros system made no secret of the fact that it was behind the three lawsuits. The detailed reports of the three lawsuits appeared on the front page of the Ygritte portal that day.

In comparison, a former Victorian maid who was hit with a huge $1200 million breach of contract lawsuit for betraying the Westeros family on this day is less attention-grabbing.

Under the intense attention of the entire American society, more news was exposed on the Internet and traditional media that day.

The initiators of the three lawsuits all hired the top legal team in the United States with the help of a company called the 'Media Victims Legal Assistance Foundation'. Industry insiders predict that with the huge amount of compensation involved in the three lawsuits, unless A settlement can be reached in a short period of time. Otherwise, the most conservative estimate is that the cost of lawyers for each lawsuit will be more than tens of millions of dollars. If the three lawsuits go on for a long time, the cost will be even more difficult to estimate.

Even if it is impossible to explore the details of the specific agreement signed by a foundation and the recipient, it is obvious that the Westeros system will definitely not easily accept the settlement of the Hearst Group.

On the other hand, as a defendant, if any of the compensation amounts in the three cases wins the lawsuit, it is actually enough to make the newspaper involved go bankrupt and liquidate. After all, the entire Hearst Group’s annual net profit in 1993 was only 1.69 million U.S. dollars, and even if these The newspaper is really going bankrupt because of the lawsuit. According to relevant federal laws and regulations, both the litigation cost and the final compensation will be borne by the parent company Hearst Group in the future.

This move by Simon Westeros is definitely ten times and a hundred times more vicious than Hearst Group's previously low-level exposure of other people's scandals.Of course, apart from Simon Westeros, no one else in the United States or even the whole world can afford this move.

Now, no matter how the Hearst Group responds, it will inevitably bear more serious consequences than it was blocked by the Westeros system half a month ago.

If you deal with this lawsuit passively, then wait to lose the lawsuit and pay $2.5 million in compensation.

If we actively deal with it, the Westeros system will bear no less than tens of millions of dollars for each lawsuit, and the Hearst Group cannot spend less than Simon Westeros.

The only solution to this matter is a quick settlement.

However, the conflict between the two parties has lasted for several years. In the past week, the entire Hearst Group has spared no effort to expose various unknown secrets of Simon Westeros. It is already in dire straits. It is obviously impossible for Westeros to agree Settle quickly.

Not only that, the three lawsuits exposed today are likely to be just the beginning.

Now that he has come up with this trick, it is impossible for Simon Westeros to use it only three times.

In CNN’s report on the incident that afternoon, a law professor from Columbia University analyzed that, according to the materials that have been exposed, the biggest reason why Simon Westero first filed the three lawsuits may be the three lawsuits. The lawsuits are supported by relatively sufficient evidence.

Among them, in the case of the Illinois Auto Parts Factory, the victim, Paul Lamart, has actually been suing that newspaper all these years, but before the Westeros system provided support, facing the powerful Hearst Group, it was already Alone after the bankruptcy of the company, Ramat has no chance of winning at all.

The professor also pointed out that Simon Westero did not directly file a lawsuit against the Hearst Group for the false revelations he encountered during this period, but indirectly chose to support those victims of vulnerable groups at the bottom of society. Decision making is even more subtle.

If Westeros sues the Hearst Group based on his own experience, it will be difficult to gain the support and sympathy of the media and the public, and everyone will just watch the tit-for-tat confrontation between the two consortiums with a spectator mentality.

Now we are attacking the Hearst Group in this indirect way, especially the case in Illinois, and we have not forgotten to bring in the hundreds of employees who lost their jobs because of the bankruptcy of the auto parts factory. The plaintiffs in the other two cases are also from the society. At the bottom, no matter whether actively or forcedly, it is impossible for the media and public opinion to show a harsh and hostile attitude, and the general public will only tend to express sympathy for them.

Suddenly becoming the defendant in three huge claims lawsuits, the Hearst Group will certainly not remain indifferent.

On Monday afternoon, a number of evening papers under the Hearst Group slammed the three lawsuits on their front pages as an ulterior motive under the control of Simon Westeros, and accused Simon of using his huge financial resources to humiliate the United States. The freedom of the press that has lasted for more than 200 years is a serious violation of the provisions of the First Amendment to the Federal Constitution that ensure freedom of the press.

Eaglet Portal immediately responded to Hearst Group's accusations.

Freedom of the press has never been absolute freedom.

The Hearst Group used its so-called freedom of the press to wantonly slander and slander other companies, resulting in huge property losses for taxpayers and hundreds of workers losing their jobs. Freedom of the press is not freedom for real estate developers to conduct false propaganda and cause double damage to citizens' property and personal health.

It's a crime!

In addition to the direct counterattack article, the Eaglet Portal immediately re-exposed the Hearst Group's abuse of news dominance in the past in the form of a large-scale special topic.

At the end of the [-]th century, in order to promote the sales of its own newspaper, the Hearst family used rather despicable means to provoke the war between the United States and Spain, which directly led to the unfortunate death of tens of thousands of people on both sides of the war.

In 1901, because the supporters of the Hearst family were defeated in the presidential election, the newspapers under the Hearst Group went so far as to publicly incite the public to assassinate the president, which eventually led to the assassination of the 25th President of the United States, William McKinley. It even contained the Hearst family's newspaper that published articles inciting the assassination.

In 1909, because of the lack of sufficient news materials of the First World War, the Hearst Group simply organized a group of people to fabricate news out of thin air, resulting in the sensational "International News Agency Fraud Case".

The list goes from the 90s of the 90th century to the [-]s of the [-]th century.

As such.

Not to mention the 'yellow journalism' standard created by the Hearst Group, which still seriously interferes with the impartiality and seriousness of news media around the world.

The fierce rhetoric continued until Tuesday, when Igret Portal suddenly announced again that Daenerys Entertainment and Time Warner will jointly re-screen the Hollywood classic "Citizen Kane" in major theaters in North America on April 4.

As we all know, the protagonist of "Citizen Kane" is William Hearst, the first generation head of the Hearst family.

The news article also deliberately extracted the chilling plot in "Citizen Kane". Kane asked the reporter stationed in Cuba to write some poems describing the tragic war scenes in the area. The reporter reported that there was no war in the area, and Kevin replied to the telegram : "Dear Whit, you write the poetry, I supply the war."

No matter how hysterical and desperate the Hearst family was, the subpoenas for the three lawsuits were delivered to the heads of the corresponding newspapers under the Hearst Group on the third day after the lawsuit was initiated with an efficiency rarely seen in the U.S. government department.

At this point, the Hearst family, who had been arrogant for a century, finally realized what kind of behemoth they were facing, and finally realized how vulnerable their media weapon, which used to scare the American business and political circles, was in the face of absolute overwhelming power.

Out of a sad state of mind, other media groups in the United States more or less raised objections to Simon's behavior, but with the lessons learned from the Hearst family, these voices were very cautious.

In the political field, among the many congressional candidates who are busy running for the mid-term elections, even David Meroth, who is supported by the Hearst family, has chosen to keep quiet, but there are always some outstanding ones.

Democratic Senator Craig Eames of Wisconsin, who has always been clinging to the Westeros system, tactfully expressed sympathy and support for the plaintiffs in the three lawsuits, and immediately pointed the finger at Simon, expressing again that the Although the young super rich has temporarily done the right thing, his huge wealth still needs to be strictly limited, otherwise it will inevitably cause potentially huge damage to American society.

The Eaglet Portal did not respond to Craig Eames' remarks at all. After all, the response was to increase the popularity of the other party.The team of the Westeros system responsible for sniping the far-left congressional candidate has quietly entered Wisconsin, and this is the main force against the opponent.

Since it is a 'litigation bombing' plan, of course there are more than three lawsuits against the Hearst Group.

As analyzed by some media, the reason for choosing these three cases is that the evidence is relatively solid, and the victims of the three lawsuits are relatively vulnerable groups. Even if they are not confirmed, most media dare not speak out.

Jennifer's uncle George Norman's team is also collecting information on as many as 27 other potential lawsuits in addition to the three lawsuits, most of which will not be as large as the three lawsuits that have been made public. It is eye-catching, and it will be thrown out one after another in the future, which is enough for the Hearst Group to be exhausted.

Although there was no explicit announcement of any recruitment nature, after the opening of these three lawsuits, more victims of Hearst Group’s media have contacted the Westeros system, hoping to obtain legal aid.

In the next few years, even if all the lawsuits are not won, the huge litigation costs will be enough to erode all the profits of the Hearst Group and further devour the foundation of the Hearst Family.

What's more, it is simply impossible to not win a lawsuit.

Simon's request to those top law firms is that if they win the lawsuit, there will be a steady stream of cooperation in the future, and if they lose, there will be no future.

Therefore, the reality is that most lawsuits have a very good chance of winning.

Even if the final amount of compensation may not reach the number of lawsuits, as long as any lawsuit is won, the huge claims are basically enough to bankrupt a newspaper under the Hearst Group.

While the Hearst family was struggling to cope with a series of sudden lawsuits, the huge Westeros system was not disturbed much and continued to operate as usual.

October 4, Wednesday.

When most of the media and public attention was on the litigation dispute between the Westeros system and the Hearst Group, Daenerys Entertainment Group, one of the core enterprises of the Westeros system, officially filed a complaint with the US Securities and Exchange Commission ( SEC) to file an IPO application.

Chapter 627 Prospectus (Revised)

After the formal submission of the IPO application, Daenerys Entertainment Group’s prospectus was immediately announced on various platforms including the Eaglet Portal, the SEC official website, and Daenerys Entertainment’s official website.

The first version of the prospectus introduced in detail Daenerys Entertainment Group’s business structure, revenue data, equity structure, development prospects and other relevant information that must be disclosed for an IPO. It also includes the selection of the IPO exchange and the list of underwriters. The specific information that investors are most concerned about, such as the scale of funds raised, the price range of stock issuance, etc.

The business structure and revenue data of Daenerys Entertainment are no secrets to those who are interested. In this version of the prospectus, most potential investors are most concerned about Daenerys Entertainment’s equity structure and development prospects.

After the internal subscription of employees and the cashing of high-level stock awards in March, the total share capital of Daenerys Entertainment Group after accounting is about 3 billion shares, of which Simon himself holds 21.13% of the shares and holds 91.7 billion shares.

The outside world has always had a lot of speculation about Daenerys Entertainment's internal subscription and reward redemption plan. Most people did not expect that Simon would transfer or reward up to 8.3% of Daenerys Entertainment's shares to the employees of the group .

按照招股说明书给出的18到20美元发行价格区间，哪怕取18美元的最低值，西蒙转让给员工的总计1.76亿股股票总价值都要超过30亿美元。

Daenerys Entertainment Group plans to issue 2.5 million new shares this time, also based on the minimum value of 18 US dollars, and the estimated total amount of funds raised is only 45 billion US dollars.

According to some previous media reports, except for the high-level stock rewards, the stocks subscribed by internal employees are sold at a very low discount, and the average subscription price may be less than 15% of the actual value of the stocks.It can be said that Simon Westeros directly donated more than [-] billion US dollars in huge cash to the employees of Daenerys Entertainment Group.

According to the prospectus, Daenerys Entertainment has a total of 15 employees at this stage. On average, each person has received a reward of 2.9 US dollars, which has exceeded the annual salary of most working-class workers in the United States. .

In 1993, the per capita annual income of the United States was only 3.1 US dollars.

The actual distribution of rewards and subscriptions is of course unlikely to be even.

According to the figures disclosed in the prospectus, apart from Simon Westero’s high absolute holding of 91.7%, Amy Pascal, the CEO of Daenerys Entertainment who holds the next largest shareholding ratio, obtained 3500 million shares. The shareholding ratio is 1.65%.

Also based on the minimum issue price of US$18, the total value of the shares held by Pascale reached US$6.3 million.

This is obviously still a very conservative estimate.

After the official listing, it is not impossible for the total value of these stocks to break through 10 billion US dollars.

Not only that, according to the salary contract of Amy Pascal that some media have exposed, the Daenerys entertainment female head has accumulated hundreds of millions of dollars in salary since she joined the company, with investments like Simon Westeros The wizard pointed out that even if Pascal invests half of his salary, including the share reward he just received, his personal net worth may have broken through the $10 billion mark, becoming another billionaire in the United States.

After Amy Pascal, the third largest holding of Daenerys Entertainment's shares is still a female executive.

Nancy Brill, holding a total of 700 million shares.

The achievements of this little executive who is mainly in charge of Daenerys Entertainment's peripheral products, video games, video chains and other businesses in recent years are obvious to all, but in this society where men are still respected, Nancy Brown It still surprised many people that Lille was able to get the stock share second only to Amy Pascal.

Probably to explain some people's doubts, Daenerys Entertainment Group's official website additionally published a more detailed list of stock awards and subscriptions.

Nancy Brill's 700 million shares, of which 500 million shares are rewarded, and the other 200 million shares belong to internal subscription shares.

All of Amy Pascal's 3500 million shares are rewards, and the CEO of Daenerys Entertainment voluntarily gave up his 300 million internal subscription shares to other employees of the group.

Along with Nancy Brill as group president, Robert Iger, who is mainly in charge of Daenerys Entertainment TV business, received a total of 450 million shares, 300 million shares as rewards, and 150 million shares from subscription.

Mark Belford, Vice President of Global Operations, who is in charge of the global distribution of film and television works under Daenerys Entertainment, Ella Deutschman, President of High Gate Pictures, and Danny Morris, President of New World Pictures, All three hold 300 million shares, of which 200 million are rewards and 100 million are subscriptions.

Although the total value of the stock received by the five core executives Nancy, Iger, Mark, Deutschman, and Morris is far less than that of Amy, it has already exceeded the salary of most executives of the same level in Hollywood.Even if it is still calculated based on the minimum single share value of 18 US dollars, the total value of the shares received by the five core executives is at least 5400 million US dollars.

In the entire United States, there are only a handful of corporate executives who can receive such generous rewards at one time.

Of course, because Daenerys Entertainment Group prefers a flat corporate structure, except for Simon, the actual controller, and Amy, the CEO, other executives are unlikely to gain much power, so the five Nancy Compared with Amy, the return that can be obtained will not be too high.

In fact, the distribution rules of most enterprises are like this.

If the person in charge takes the top spot, the income of the next-level executives may be reduced by a zero.

Moreover, the high rewards received by Amy Pascal are also due to her being the founding elder of Daenerys Entertainment. The other core executives only joined after Daenerys Entertainment gradually rose.

In many cases, the earlier you join a company, the more you can get.

Just like Microsoft’s early core executive Steve Ballmer can gradually accumulate a net worth of tens of billions of dollars later, decades later, the Indian-born CEO Satya Na Della can only honestly get an annual salary of tens of millions of dollars.

This is also the case with Ygritte now.

The three of Jeff Bezos are expected to receive 5% of Eaglet shares after the contract expires. Alice Ferguson, who is in charge of the e-commerce business and has successfully transformed Eaglet’s Big Three into Big Four, Even if Simon specially adjusted the contract for her after Simon recognized the housekeeper's ability, Alice could only get 3% of the stock at most before Ygritte's IPO.

In fact, in Simon's mind, the female housekeeper's ability is much stronger than that of Tim Berners-Lee and Carol Bartz in the original Big Three, and it is almost on par with Bezos, but this is the way things are.

The topic goes back to Daenerys Entertainment. Tom Pollack, who was the president of Universal Pictures after the initial merger and acquisition, was the president of Daenerys Pictures, but he got the least share of stock among the seemingly core executives. , only 150 million shares, of which 50 shares are rewarded, and the other 100 million shares are internally subscribed.

It is also clear to everyone in the circle that this executive who is in charge of Daenerys Films, the most core of the three labels under Daenerys Entertainment, actually has very low authority.

Most of the decisions of Daenerys Films are made by Simon and Amy. Although Tom Pollack holds the title of president, he is more of a butler-like executive role, and the other party joined Daenerys Entertainment It's also late, and isn't really the core of Daenerys Entertainment Group.

Being able to get 150 million shares may be due to Simon Westero's desire to protect the face of this veteran Hollywood executive.

In addition to the core management, such as John Lasseter, President of Pixar, Mark Silvers, President of Daenerys Special Effects, Stan Lee, Chairman of Marvel Entertainment, Anna Coleman, President of Fashion TV, etc. Daenerys Executives at all levels of Silk Entertainment shared another 1350 million stock awards and about 700 million subscription shares.

According to comprehensive statistics, of the 1.76 million shares transferred by Simon Westeros in total, 6300 million shares are of a reward nature, basically owned by the management above the executive level of Daenerys' entertainment department. 1.13 million shares were subscribed, but the management took only 1450 million shares, most of which were subscribed by employees of all levels.

Speaking of it, the biggest difference between the two parts of the reward and the subscription is actually the tax.

Many executives receive incentive stock that needs to be taxed in accordance with income tax standards.

There is no need to do this for the subscribed part of the stock for the time being, and only need to pay capital gains tax when it is sold in the future.

Moreover, because the shares subscribed internally belong to the nature of additional issuance, Daenerys Entertainment does not need to pay taxes, but the funds raised must be used as Daenerys Entertainment's cash reserves for company development purposes, and cannot be transferred to Simon personally.

In fact, Daenerys Entertainment only recovered $1.13 billion of funds through the internal stock subscription of 10.9 million shares.In other words, the actual value of Simon's rewards to the employees of the entire Daenerys Entertainment Group far exceeds the $15 billion estimated by the media.

In fact, Simon doesn't really agree with the saying that money can buy people's hearts. What he believes in is that I will give you as much as you pay.