"Hello, Mr. Anderson."

In the reception room of Burbank Business Club, Marquez Permann shook hands with Ronan: "I have heard of Hollywood's youngest billionaire, but I didn't expect it to be younger than I thought."

Ronan responded politely: "It's great to know you." He invited: "Sit as you please."

From the perspective of acquiring Reo Company, the two are competitors, but neither of them shows an emotion that should not be there. There is no certainty of the development of business.

Moreover, the previous attempts of sexual contact between the two parties also helped to understand each other.

After a few greetings, Ronan went straight to the topic: "Hollywood Video is interested in acquiring Ruio?"

This time I came here to try to solve the problem, and Marquez naturally would not deny it: "In fact, we have started talking since November. If it weren't for the sudden appearance of Relativity Entertainment, we had reached an agreement with Reo."

Ronan could hear that this was Marquez hinting that the theory of relativity entertainment was not very particular, and suddenly intervened in the Hollywood Video acquisition case.

According to his analysis, there is a possibility of cooperation between the two parties, and there is no need to confront each other. Ronan asked: "You have a private secret contact with Stewart Coleman, right?"

Marquez understood what Ronan meant just after thinking a little, and said, "Yes, of course such things must be kept confidential."

Ronan spread his hands slightly: "So, when Relativity Entertainment contacted Stewart Coleman, he didn't know that Hollywood Video was acquiring Reo, otherwise there wouldn't be so many troubles now."

He immediately brought the topic to his common opponent: "This also led to Stert Permann using our acquisition intentions as capital to raise prices."

Marquez said lightly: "Stert Perman seems to be a cheerful person, but in fact he likes to be clever."

"I feel deeply the same." Ronan only came into contact with it once and realized this: "So, there is no need for us to be competitors and let Stewart Coleman make a profit."

Marquez glanced at Ronan and said first: "The acquisition of Reo is related to the development plan of Hollywood Video, and we cannot give up."

Ronan said calmly: "Rio is also the key to the next development of my newly acquired company Netflix."

After saying this, the atmosphere in the reception room suddenly became a little nervous.

Neither side is willing to give up and can only evolve into competitors.

Ronan was the first to break this atmosphere and said, "Mr. Perman, can you ask a question?" That's it, but without waiting for Marquez to agree, he asked directly: "I have analyzed some recent operational adjustments and financing aspects of your company and came up with a speculation about Reo. Your purpose of acquiring Reo is to their chain stores in Southern California, right?"

Marquez did not answer immediately, and after thinking for a while, he nodded slowly: "So that's it."

Hearing this, Ronan immediately said: "I have no interest in Ruio's chain stores."

"What?" Marquez was quite surprised.

In the eyes of Hollywood Video Company, this is the most valuable asset of Reo.

Heavy assets have no meaning to Netflix. Ronan cannot let Netflix operate offline videotape rental business.

Isn't that putting the cart before the horse?

Marquez then asked, "Why do you want to acquire Reo?"

Ronan did not go around the circle and said with a temptation: "The copyright of 18,500 film and television works including Hollywood in Ruio's hands is rented and sold."

Upon hearing this answer, Marquez's heart was slightly relieved.

Ronan glanced at him and said, "Mr. Coleman, in my opinion, we have no conflict and no competition in the acquisition of Reo."

Marquez has already thought about it based on Ronan's answer just now.

Ronan continued: "The scale of Hollywood videos is far greater than that of Ruio, and the films of Curby Ruio are only a lot more."

Marquez had already fully understood what Ronan meant: "Do you want to split out Reo's library in the acquisition?"

"That's right." Ronan emphasized his tone: "Your company has acquired Reo with whom it owns. Stewart Permann will not remove the film library separately, right? This is a completely unnecessary fee. If it is split, Hollywood videos can be saved."

Marquez lightly pointed his finger and said, "What you said makes sense." The two sides had found a consensus, and he simply said, "The acquisition of all the assets of Ruio at one time is the prerequisite for this transaction."

Ronan smiled and said, "This can save tens of millions of dollars in Hollywood videos. First, without competitors, Stewart Coleman can't ask for a huge price. Second, the copyright fees for 18,500 film and television works will be paid by Netflix."

Netflix can also save a lot of money because store assets are of no use to Netflix.

"You really have no interest in the chain store of Reo?" Marquez confirmed again.

Ronan said confidently: "I can guarantee this. Netflix is ​​doing Internet leasing business and has never had plans to enter offline chain stores."

Marquez said: "Relativity Entertainment has multiple business cooperation with Hollywood Video. There is really no need to become a competitor because a small company like Reo evolves into a competitor, so that others can be effective."

Ronan said again: "That's what I mean." He further said: "We can unite, sign an agreement in advance, and then complete the acquisition in the name of a company. After the acquisition, split according to each other's needs and take each of them."

Marquez thought carefully and said, "This is a solution, but Mr. Anderson, I need to report the relevant situation to the company's board of directors and cannot give you an answer immediately."

Ronan basically achieved his goal and said with a smile: "I hope your company can make a decision quickly so as not to change again."

"I will stare at this." After Marquez said this, he suddenly asked curiously: "Is Netflix doing Internet video rental business?"

This is no secret, Ronan replied: "This is Netflix's only business."

Marquez was even more curious: "The copyright of 18,500 film and television works is really a big deal. If you use such a large amount of funds to expand your business, is there a promising future for Internet video rental?"

In fact, he had heard that the founder of Netflix had found companies such as Hollywood Video and PepsiCo to be acquired, but they were all rejected.

Of course, Ronan would not tell the truth, responded: "In every industry, there are always pioneers and pioneers. What is the prospect? You have to try it out before you know."

Marquez shook his head secretly. The video rental industry is now very mature, and a new road is destined to be very difficult to walk.

Most of the so-called pioneers and pioneers died under the difficulties and obstacles of a new road, and very few of them could make a way out.

Even if you can make a journey, those who make profits are often more powerful latecomers.

Hollywood video companies have successful operating models, stable sources of profits, and familiar operating methods in the film and television leasing industry, so there is no need to take such huge risks.

Netflix's almost stagnant development in recent years actually heralds the future of this industry.

Marquez knew very well that after Hollywood Video acquired Reo, Reo's online video rental business would not exist and would only be closed.

"I hope we can work together again." Marquez shook hands with Ronan before saying goodbye.

Ronan also said: "I hope so."

Marquez took the lead in leaving the reception room. Before leaving, he glanced at Ronan and guessed in his heart: How much will Relativity Entertainment pay on Netflix?

Judging from the situation of Reo, maybe even the head office will be dragged down until it is finished.

Ronan returned to the company and immediately contacted Robert Lee, allowing him to keep in touch with Hollywood Video while staring at Reo.

Just two days later, good news came from Hollywood Video Company, willing to cooperate with Relativity Entertainment to acquire Ruio Company.

Immediately, Ronan sent Robert Lee to secretly negotiate with Hollywood Video Company to discuss specific operations.

Both parties must find a cooperation model that they recognize, such as the proportion of the rental and sale rights of film and television works in Ruiou's total assets.

Hollywood Video is eager to expand its chain store business to catch up with PepsiCo, the leader in the industry; Netflix, on Relativity Entertainment, urgently needs to expand its film source to support the upcoming expansion of the Skywall Plan.

With each need, both sides quickly found a balance point and signed a legally effective agreement.

Netflix will openly withdraw from the acquisition competition for Reo, with Hollywood Video as the acquisition entity.

The most important thing in the agreement is undoubtedly asset division.

The copyright of the rental and sale of film and television works required by Netflix accounts for 30% of Ruiou's total assets, but after completing the acquisition, except for the copyright, all physical video tapes in Ruiou's inventory belong to Hollywood Video.

In addition, all company assets such as stores, employees, websites, equipment and software all belong to the share of Hollywood videos.

But Hollywood Video is also responsible for Reo's debt problems.

This operation is not complicated. After Hollywood Video Company completed the acquisition of Reo, it separately divested the copyright of 18,500 film and television works and sold them to Netflix.

Ronan had professional legal consultation in advance, just like the copyright of novels and comics being resold by different companies and the copyright of movies being converted back and forth, it fully complies with the provisions of copyright law.

Moreover, after obtaining the copyright for renting and selling, according to the "Supplementary Articles of the Millennium Digital Copyright" in 1998, even if Netflix transforms into streaming media in the future, as long as the relevant licensing fees are paid on time, these works can be broadcast on Netflix's website.

This acquisition is not only for the present, but also for the future.

No one knows better than Ronan that the movie DVD will gradually decline after less than ten years of prosperity. Netflix in his previous life has successively shut down most of its DVD rental business and completely transformed into streaming media.
Chapter completed!