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Please find attached, the following documents relating to the proposal to extend our relationship with Simon Cowell
from its current expiration date of December 3, 2015 to March 31, 2021.
Draft summary letter to John Branca outlining and summarizing the SYCO TV and Syco Music proposals.
Draft proposal for SYCO TV
Draft proposal for SYCO Music
2 powerpoint slides (proposed summary of deal/key assumptions and summary of proceeds to Simon
Cowell/Estimated incremental cashflows and i.r.r.s. under various scenarios).
The financial analysis provides an overview of what the proposal could mean to Sony overall. The details on how to split
the results between Sony Music and Sony Television would need to be figured out but there is quite a bit of flexibility.
Let me know if you have any questions or would like to discuss.
Thanks,
Kevin