Chapter 730 I want to read the account book(1/2)
Ronald was not interested in chatting with him more, so he turned around and chatted with his main partner, investor Warren Buffy, and Microsoft's chairman Bill Gates. They participated in a small bridge.
The situation is in exchange for each other's battle situation.
"This style of play is a very good tactic..."
"But you lost your partner."
"Hahaha……"
Several people walked while laughing.
But Orwitz, who was left next to him, only heard the first two conversations, and his face turned red. Are they mocking themselves? Are they laughing at themselves? Or are they praising themselves?
"Wait a minute, Bill, Ronald, I don't understand why you played well but lost your partner."
"Because I only had six o'clock and started calling 4 blocks. My partner was so angry after showing up. He said that the defense could have scored."
Ronald shrugged. He had played many doubles games and was not used to the disc-style bridges like Sun Valley with a nod to the lottery. This bid made his partner speechless and refused to cooperate with him to continue playing.
"By the way, let me tell you again, why do you think Disney's future is unsustainable? Their moat is not solid."
Buffy is still the most interested in investment matters. He turned to Ronald about Disney's acquisition of ABC. His company has held a lot of ABC stocks. After the merger and acquisition, if the future is not good, he
You should consider selling. At this time, a young talent in the industry talks about his own opinions, which is also a good reference.
"I heard that the acquisition will have a high premium, and I am not optimistic about Disney's management..."
What Ronald said is actually very simple. Disney is popular in the capital market. In fact, it is just because their cartoons do not have high pay for actors. They can also use the IP of animation images to earn other income, which is equivalent to other systems.
The studio doubles the live-action movies. This is a moat that no other Hollywood studios do.
However, this special moat must have a prerequisite, that is, their movies are sold. Because the production cycle and cost of cartoons are also very high, if something goes wrong, an animation does not get the expected box office, so the subsequent peripherals will be
The products cannot be sold.
For the same reason, a failed cartoon will cause double the damage to Disney than the failure of an ordinary commercial film to other studios.
In Ronald's view, a successful cartoon and a successful live-action movie have the same reasons for success, with a visionary producer, a wonderful script, and a capable
Director, and casting that fits the story itself.
To have all these elements, the key is that the studio must have a person in charge who understands the principles of filming. Disney originally had a super producer who understands these, namely Carsonberg.
During his time in charge of Disney's production business, both cartoons and live-action movies achieved box office results far higher than the average level of the industry, and the return on investment was very impressive. Ronald suspected that Eisner had been in Perra before.
Meng's success is also very likely because Katsenberg helped him watch the production business.
A memo written by Katzenberg during his time at Disney explains in detail how he judged the prospects of a film project and how to manage it. This memo is considered by some knowledgeable people to be a model for Hollywood success. Ronald
De also promoted this memorandum within Daydream.
But what Carsonberg can do is not the same as others can do it. Whether it is Paramount, Disney, or DreamWorks, he has Eisner to protect him and can only consider business and
Art, no matter the various political struggles between celebrities and executives.
Therefore, those bankers on Wall Street generally believed that this was Katsenberg's own ability, not a knowledge that could be transplanted to other studios, and did not pay special attention to this.
Now the golden partner is broken up by Eisner's jealousy and defense. Can you find an honest person like Katzenberg who is capable and not willing to sacrifice the interests of the company for his own interests to help him control the production of films
Business has become a big question mark.
As for the merger of ABC and Disney, the resources can be shared between the two sides, and the additional help obtained makes one plus one greater than two. To be honest, Ronald does not agree.
This kind of resource sharing requires strong and knowledgeable bosses to guide them. If the boss is a little bit apart, he will not be able to bear to ignore the overall interests of the people below for the benefit of his department.
At that time, it will not be sharing resources, but trashing each other and making profits from their own bowls. One plus one is less than two, or even less than zero, and it becomes a negative number...
"Um..." Buffy nodded. His investment philosophy was to be a strategic investor only. If he had a good management team, he would not interfere in the company's operations because he was unlikely to do better than the original professional team.
.
It was a pity that the team he was optimistic about was broken up. Buffy lacked confidence in how much competitiveness the new Disney can maintain. If not, then wait for a high point of the stock price and run away.
It's...
"Do you want to sell?" Ronald took the opportunity to come over and test. After all, he is the second most wealthy man in the United States, and his view on stocks is definitely correct.
"I can't say it well, but it's very likely that you may not know that before the merger and acquisition, the company's executives will have to have a physical examination, and Eisner found out..."
Buffy whispered to Ronald. Eisner found severe coronary artery blockage during this routine physical examination. The doctor said he had to undergo heart bypass surgery as soon as possible. Anyway, Ronald was also Disney.
He will know about the shareholders he will not say about later.
This chapter is not finished yet, please click on the next page to continue reading the exciting content behind! "Hmph..." Ronald thought to himself, this is a variable, but now medicine is Changming, a small bypass surgery will not be correct
Eisner has had too much impact?
"You are talking about the operation of the movies. How can you succeed in the TV station business?"
I just had a chat with the second richest man in the United States, and the first richest man Gates also asked Ronald.
"The TV station is much simpler. If you refer to a news station, the most important thing is to have a powerful male interview program host. With one, you can gain a foothold and two can enter the top competition.
If you are referring to the TV series channel, then the most important thing is to have a general manager who is capable of managing films, which is similar to a movie. The difference is that you don’t need to carefully consider every movie like a movie. A successful TV series,
It can last for several years..."
"It's true that he is an expert..." Gates nodded and expressed his gratitude to Ronald. Microsoft has now focused a lot of resources and energy on the Internet. The Internet browsers they launched have also begun to be launched for free in the market.
But one big flaw is that there is no content. No matter whether you are using Microsoft or Netscape browsers, there is a hyperlink text there, and you will go to other people's websites as you click.
If Microsoft can launch a website, including news and entertainment that everyone wants to see, then no matter how you look at it, you will be wandering around Microsoft's territory. Whether it is for the upcoming advertising business or gaining more users
, they are all very good.
If so, a group of users become a loyalist in Microsoft's website (this website is now called a portal, just like a door when surfing the Internet), then Microsoft's browser can move some tricks. Only using Microsoft's browser
Users can see the best results when browsing Microsoft's portal, but those who use Netscape cannot do it.
At that time, with the huge resources behind Microsoft, you can launch a frontal attack. In this war that determines Microsoft's future, you can squeeze the net scene to death with resources.
"Why, do you want to buy a TV station too? Do you want to join us?" Ronald said half-jokingly. He has many channels for TV stations under his name, but he lacks the resources for a TV station. He is led by a rich man like Gates.
Isn't it good to play?
"We are talking now, but if you are interested, let my lover talk to your people..." Gates shook his head. Microsoft is talking about cooperation with NBC. NBC's parent company GE will not sell shares to Gates.
, so I had to think about setting up a joint venture with NBC.
The company will enter the cable TV field and compete with Ted Turner's CNN. Microsoft will provide funds and online news distribution platforms, and they have long planned MSN. NBC will produce people and experience and be responsible for the production of content.
In this way, NBC won’t pay a penny and picked up a cable news network for free. They also asked to be half of the shares of Microsoft, each accounting for 50% of the shares of the new TV station.
This kind of share allocation is obviously bad intentions. At that time, the shares on both sides are equal, and no one can make the final decision, and many decisions will be in a deadlock.
The solution proposed by NBC is to establish a management committee, and Microsoft and NBC all parties have equal people to join the committee. Then the chairman of the committee is rotated by both parties, each side for one month...
Although it seems equal, the news teams in the newly established cable station are all from NBC. In the case of a stalemate, it goes without saying who they listen to.
Ronald has many local TV stations under its jurisdiction. The local news and weather forecast capabilities of these TV stations can fill some gaps in the newly established cable TV network. There is no need to go to various places to negotiate cooperation to meet the federal government's
Require.
Ronald will inevitably occupy a small stake with these resources. At that time, this stake will become a key minority. At that time, he will choose between Microsoft and NBC and may be more likely to be with the weak Microsoft.
Stand together.
No, Gates thought that he had to use his interests to bind Ronald's DDH, turning it into a must...
"Are you interested? I heard that you have many local TV stations that can invest in resources at that time, and we will join in the event."
"That's the case, then I'm definitely interested. However, DDH has restrictions on investing in cable TV. If you want, I can use other entities under my jurisdiction to invest, and then use contracts to guarantee cooperation in the next ten years..."
"It's good, let our lawyer talk, and now talk to me about your deck of cards..."
...
Compared to Ronald's full gains at the Sun Valley conference, Orwitz has been in great pain these days.
Ronald and the richest people in the United States, the words of "I don't know whether it's a ridicule or a comfort" made him feel depressed. In addition, he has lost the new position of CEO of the Global MCA, and everyone attending the meeting went to the past.
The younger brother Ron Mayer chatted and deliberately alienated himself. After two days of boredom, Orwitz couldn't stand this kind of ignorance and returned to Los Angeles in advance.
"Psychologist, no, that's where only weak people will go. Real men are persevering."
As soon as he came back, Orwitz's wife asked him that he was in a very bad condition now, so it would be better to go see a psychiatrist.
Orwitz has always believed that these are things that only weak and passionate actors do. If he also goes to see a psychologist as an agent, how can he maintain a calm and strong image in front of celebrity clients?
After hanging up the phone, Orwitz buried his head deeply in his arm at his desk. After adjusting for a long time, he raised his head again.
"Bang……"
Orwitz was startled. He wanted to take the young partner of Universal. Jay Moloney kicked the door open and rushed in...
This chapter is not over, please click on the next page to continue reading! Jay Moloni was originally the young Turk who admired Orwitz the most in CAA. He has always regarded Orwitz as his idol and imitated him in all his actions.
Some people were dissatisfied with such behavior and even spoke sarcastic words in the office, saying that Jay Moloni was like Orwitz's illegitimate child.
Such a partner who respects Orwitz suddenly rushed into Orwitz's office regardless of politeness. What exactly did he want to do?
"I want to read the account book, take out the CAA's account book, I want to read it!"
Jay Moloney got angry. He was not in a hurry in this matter. But after Orwitz was kicked away by Universal, his prospect of going to Universal to continue working for Orwitz was cut off. I bought it in the future.
To be continued...