Domination in America, Starting from being a Boxing Champion-Chapter 510 - 407: Overbearing Female CEO_4

Link was busy for an entire week dealing with these matters, greeting visitors, engaging in scheming, and he felt it was even harder than the match against Aragon in 2008.

Fortunately, just when he was about to buckle under the pressure, Miss Ivanka finished her work at Link Music, flew from New York to Los Angeles, and began to take over Lionsgate Films.

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"I can take over Lionsgate, but I have one condition."

Ivanka, dressed in a lady's business suit and high heels, walked briskly down the corridor of Lionsgate Films.

Close behind her followed four executives about to take office and four assistants in suits, all looking powerful and impressive.

"What is it?"

Link asked.

"First, let's be clear about something, Lionsgate Films is a business, not your hunting ground for romances. From now on, you are not allowed to arbitrarily place actresses into productions, nor are you allowed to engage in improper relationships with actresses who have collaborations with Lionsgate Films."

Ivanka continued without stopping.

"Are you referring to Jennifer and Alexandra? They were friends I knew before I joined Lionsgate, and it was a coincidence that the company had roles that suited them. It was not a case of casting couch."

Link explained.

"Those two are exceptions. If the company has suitable roles for them, I will arrange it, and you don't need to interfere.

What I mean is other actresses. Our work must be focused on the movies, to find the right actors for our films, not just pretty actresses, and certainly not to make someone a star."

Ivanka suddenly stopped, her blue eyes fixed on him as she spoke.

"I understand what you mean, and I will never make such a mistake. The purpose of buying Lionsgate Films is to make money with this company, not to pick up girls. I won't risk the big picture for small gains."

"I hope you do as you say."

Ivanka glanced at him and walked into the conference room, leaving behind a charming scent.

Link watched her leave, shaking his head. This woman's presence was getting stronger. When talking to her, he often felt overpowered and became extra careful.

If things continued like this, he might not be able to control her after they got married.

That was definitely not a good thing.

Link mused.

——

On the day Ivanka took office at Lionsgate Films, she announced a call for an extended management meeting.

Heads of nine departments, including the film production department, television production department, distribution department, brand marketing department, legal department, finance department, public relations department, and international film department, were all required to attend.

There were 38 people in total.

At the meeting, Ivanka called out President Steven Bicks, Vice President Michael Burns, and six other senior executives including the former head of production.

The reason for the criticism was simple: 'The Hunger Games' was a project independently produced by Lionsgate Films, but during the production process, outsiders were allowed to interfere with the film's casting and employment of actors.

The lack of responsibility and ambition expected of a major film company's management led to the current crisis at Lionsgate Films.

It also directly affected the work of the production team, with losses amounting to several million US dollars or even more.

This was a loss caused by the negligence of several executives and could not be fully borne by the company alone.

Ivanka announced on the spot that President Steven Bicks's annual performance bonus would be cut by 50%, and the other five executives would receive cuts ranging from 30% to 10%.

For managers unwilling to accept punishment, they could submit their resignations, and she would sign them on the spot and issue 18 months of salary as severance.

Upon hearing this, President Steven Bicks and others below wiped sweat from their brows in secret.

After Link took over Lionsgate, they had thought that incident was behind them, but no one expected Miss Ivanka to emerge halfway through and publicly criticize them at the meeting, suddenly increasing the pressure on them.

As for submitting their resignations, that was, of course, something they would not do.

Although there are many film companies in Hollywood, becoming an executive is very difficult. After resigning, unless one is lucky enough to work for one of the Big Six studios, the treatment at a smaller production company would definitely not compare to that at Lionsgate Films.

Ivanka sat at the head of the conference table, expressionless, her gaze sweeping over the dozens of managers present, her beautiful face becoming cold and stern.

Seeing no one propose to resign, she continued to announce that, given the company's current financial situation, by the end of the year, the company would optimize away about 20% of the staff whose performance was poor and work efficiency low.

Wow!

At her announcement, a buzz arose in the meeting room.

The poor operating condition of Lionsgate Films was a fact, with not only $180 million in debt, but also a loss of $37.36 million in the first three months of the year, indeed putting some financial pressure on the company.

But in 2009, the company had undergone layoffs, where originally the total number of employees in various departments was 425, and now only 312 remained. Further layoffs of 20% would likely leave many positions unstaffed.

However, upon seeing the four new executives across the conference table, they had to shut their mouths, as President Steven Bicks recognized two of them.

One was Jeff Jones, 51 years old this year, a former senior manager of Warner Bros. Pictures' content development department, involved in the development of dozens of film projects such as "Suicide Squad" and "Batman," with vast experience in the film industry.

The other was Stacy Schneider, who had served as head of distribution at New Line Cinema from 1999 to 2007.

After New Line was acquired by Warner Bros. Pictures in 2007, she moved to DreamWorks' marketing department as a leading executive, involved in the production and distribution of films like "The Babymakers" and "We Steal Secrets," a very capable woman.

The remaining two also looked like sharp, efficient professionals.

With these experienced individuals, even if Lionsgate Films' entire staff resigned now, they could recruit the needed employees within a very short time.

Thinking of this, President Steven Bicks and the others felt even more pressure.

Ivanka was clearly aiming to rectify Lionsgate's internal work environment, putting pressure on the existing executives, openly forcing everyone to work hard or face unemployment.

President Bicks heaved a sigh inwardly, somewhat nostalgic for the days when Link was chairman, when there were no pressures, and work was easy. Unfortunately, with Link stepping down, those days were probably gone forever.

"Does anyone wish to resign?"

No one responded.

Ivanka then proceeded to announce several new appointments, placing Jeff Jones, Stacy Schneider, and four others in charge of key departments within Lionsgate Films.

"Are there any questions?"

"No!"

"President Bicks, please show the four new executives around to get familiar with the work environment at Lionsgate Films."

"Of course, Chairman!"

President Steven Bicks rose to his feet to speak.

"Meeting adjourned!"

Ivanka glanced around, picked up the notebook computer on the table, and stood up to leave.

After she left, the others exchanged glances, hastily left the meeting room—much faster than when Link had adjourned meetings.