Chapter 26 28. Since you have imagined it, let it be.
Beverly Hills, Cooper's house.
Mom brought over a plate of apple pie. Eric picked up a piece and put it in his mouth. He grimaced in pain because of the burn.
Dad looked up and asked, "I heard that you are planning to sign a bet agreement with Hasbro?"
"Yes, Volvo and Bordeaux should have reported this to you. I just did it on impulse and didn't discuss it with you beforehand. Sorry!"
Dad sighed: "You are my son, there is nothing to be sorry about. After all, the company is under your name, but what is the purpose?"
"Hasbro asked for a 20% increase in the copyright fee, which is only $60 million, which is within the scope of normal business negotiations. However, according to the terms of the bet agreement, we must ensure that toy sales increase by 100% to at least avoid losses."
"But you should know that movies are high-risk investments. No one can guarantee that they will always be successful. If Hasbro agrees to sign a bet agreement, it will be a huge pressure."
Looking at his father's serious expression, Eric knew that his decision was a bit sudden and he should at least discuss it in advance.
"Dad, I understand your concerns. This bet agreement is just a temporary idea. Hasbro can even continue to force us on the agreement. But have you ever thought about what kind of profit we can get if we do it?"
"We have the opportunity to enter Hasbro's decision-making level. Now it is the largest toy manufacturer in the country. If we can take over..."
But before Eric could finish, Charlie Cooper interrupted him with a wave of his hand: "Wait a minute, son, everything you said is based on the toy sales reaching the target, but who can guarantee that?"
"As you said, Hasbro will definitely continue to pressure us. After all, they own the copyright and are in the driver's seat. In the past, they might have only wanted to get an extra $10 million, but now you've given them a new option."
"Based on my experience, Hasbro will not be satisfied with 300% of sales. I'm afraid this amount will rise to at least 350%."
"Do you know how much the annual sales of Transformers toys and peripherals are now? The data I got from professionals is that it was 291 million US dollars last year."
"That is to say, we need to make this number exceed at least 1 billion US dollars to achieve your bet goal. Do you understand how difficult this is?"
Eric rubbed his temple. People without a vision for the future certainly wouldn't understand his ideas, and might even think they were far-fetched.
But this kind of thing cannot be explained. I can't just say to your son that I am a time traveler and ask you to believe me.
I don't trust you, shovel. Take him to the hospital to check his nerves first.
"Dad, I understand what you mean and your concerns. I actually wanted to talk to you about this matter. But I was in a hurry to go to Israel and my schedule was already arranged, so I didn't have time."
"Now that we're talking about this, let me tell you what I really think. In fact, not only do I want to sign a bet agreement with Hasbro, I also want to secretly acquire its stocks. This will be a big piece of cake. We..."
As a result, just as Eric was about to explain, his father's eyes suddenly lit up and he suddenly understood: "Wait... I see, stocks, why did I forget about stocks, son, I understand what you mean, it turns out you are playing a big game."
"We will first use a bet agreement to induce Hasbro to license Transformers to us as soon as possible. Even if we have to pay a higher price, we will get the copyright as soon as possible to stop other companies from having the same idea."
"I heard that Paramount is also interested in Transformers. Compared with Paramount, MGM does not have an advantage, so the only way to beat its opponent is to use price. After all, Paramount will not pay such a high price."
"As long as we get the copyright, by the time the contract is signed and the movie is released, even if sales expectations are not met, according to Hasbro's past practice of launching animations, toy sales will always increase, but the increase may not be that horrific."
"The increase in toy sales will definitely drive up Hasbro's stock price. What we need to do is to buy retail stocks in advance and then make a big profit when the time comes."
"The price difference is enough for us to make up for the price we paid in the gambling agreement, and there is a high probability that we can even make a lot of money. Even if we don't make up, it is worth it to help us get the copyright in advance."
After figuring it out, Charlie Cooper looked at his son excitedly: "Eric, it seems that you are quite good at finance and have already considered this step."
Eric: "Meow? Have I thought about this much?"
Xia Likuchopo laughed: "Eric, is this really what you thought about on the way to Hasbro? In such a short time, you thought so much? Have you planned the future path?"
Eric scratched his head awkwardly: "Why not?"
"Hahaha... Eric, you are the pride of the Cooper family. Joshua, that brat, only knows how to mess around outside. It's up to you to inherit dad's business."
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“Meow…”
"This is indeed a good plan. Then do as you wish. I will secretly purchase Hasbro's shares. Eric, how much do you think we can earn?"
Eric stroked his chin and said, "I think it will be at least more than 200 million US dollars."
Charlie Cooper frowned. "With MGM's current liquidity, the amount we can invest is really limited. I have to think of a way to get more money."
Seeing his father getting a little drunk, Eric wanted to give him a few words of warning, but then he changed his mind and gave up. The result was the same as his goal, so why should the process matter?
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(End of this chapter)
