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Chapter 599

On the first floor of the Relativity Building, except for the spacious enough front hall, most of them are independent shops. These shops signed a lease contract last year. After the property rights of the building changed ownership, the agreement continued to be fulfilled, but the contract was adjusted and the owner became Relativity Entertainment.

The closest location to the entrance on the east side of the main entrance is the newly opened Starbucks.

James Murdoch sat by the glass curtain wall on one side, his eyes passing through the transparent glass curtain wall, and looked at the crowd entering and leaving the Relativity Building.

This office building, which is no smaller than Fox Building, will one day be filled with relativity entertainment staff?

James Murdoch had an idea when he talked with Jim Prous that day.

Born in a super rich family is a blessing, but there are several brothers and sisters, and each one is ambitious. James Murdoch feels he is unfortunate again.

Rupert Murdoch is already in his seventies. Although James Murdoch never said it, he felt that his father was old.

The age spots on the face were all connected in a string.

The future belongs to the younger generation.

But it is not easy to get the greatest power of News Corp., and even a few brothers and sisters will not agree easily.

As for that woman, James Murdoch never took it seriously. His father was old, but he was not confused. That woman couldn't get too much.

Similarly, my father is not confused, and the heir he chose must be the one who has the best ability and has made the most achievements, and can further make News Group bigger.

In the traditional media industry, News Corporation has almost reached its limit. It is extremely difficult to continue to grow. The emerging media and entertainment industries should have great potential.

Relativity Entertainment's business is developing rapidly.

This is also one of the reasons why James Murdoch won the business of 20th Century Fox.

If Twentieth Century Fox had a big step in its business expansion under his operation, who would be the person who would be the chairman of the News Corporation's board of directors in a few years?

If Ronan answers this question, the answer is simple. The person sitting in that position has never changed in the next ten years.

Ronan arrived at Starbucks five minutes earlier than the agreed time, but he didn't expect James Murdoch to come earlier.

"Hi, Ronan." James Murdoch stood up to greet Ronan: "Long time no see."

Ronan shook hands with him: "When did you, the CEO of Sky TV, come to Los Angeles? Why didn't you contact me earlier?"

James Murdoch said with a laugh: "I have some business with Twentieth Century Fox, and I need to go there specifically. The company is big, and some managers are too lazy and don't feel at ease if they don't go there in person."

Ronan said, as if he didn't know what Twentieth Century Fox had done, "When will I have time, I'll call a party."

"We are old friends." James Murdoch declined: "You're welcome."

He began to get to the point: "I went to watch a movie last night, "Resident Evil: Apocalypse". Is the opening of the movie your company's work?"

Ronan said: "Yes, it was just released last weekend."

James Murdoch said, "The attendance rate of the game I went to see was good, the box office was good, right?"

"It's OK," Ronan said roughly: "It won a box office championship in the premiere."

James Murdoch touched his chin: "If I remember correctly, this is the third movie in Relativity Entertainment this year to win the box office championship? It seems that three movies have been released so far."

Ronan smiled: "The main reason is that the schedule is good. With the results of "Revelation", it is very difficult to change schedules and enter the top three."

James Murdoch responded immediately: "If Relativity Entertainment had more powerful media resources to promote, the box office would be better."

Ronan gradually realized that his words were interesting, so he simply followed his words: "Yes, the media is currently the weakness of relativity entertainment."

"Can you solve this weakness in the short term?" asked James Murdoch.

Ronan joked: "James, unless you can convince your father, sell me some newspapers and TV stations at a low price."

James Murdoch couldn't help laughing: "I can't convince him of this kind. However, I am willing to act as an intermediary to promote more and more close cooperation between Relativity Entertainment and Twentieth Century Fox and News Corporation, so that News Corporation's media can fully open up to the films under Relativity Entertainment at a more preferential price."

This kind of thing is definitely not free. Ronan also wanted to see what James Murdoch suddenly looked for him and wanted to do, so he simply said: "Of course, Relativity Entertainment is willing to cooperate with 20th Century Fox and News Corporation, which is what I dream of."

James Murdoch looked at Ronan, who looked sincere and did not look fake.

Who can know what is behind sincerity? James Murdoch didn't take it seriously because he was such a person.

“I think the two companies should build closer ties,” James Murdoch said in equal sincerity: “so that we can work more closely.”

Ronan said: "James, what advice do you have?"

James Murdoch said with a smile: "Nothing special, the common way of cooperation in Hollywood, company stock exchange, 20th Century Fox and Relativity Entertainment hold shares."

This answer is not beyond Luo Nan's expectations. It is normal for large companies in the circle to hold shares with each other, but the shareholding ratio is very low, which is more symbolic.

Furthermore, these companies with complex shares have a small number of identical investors.

Ronan asked directly: "What about the ratio?"

"I can't make the decision on this." James Murdoch still smiled: "But I think as long as the conditions offered by Relativity Entertainment are good and my lobbying will not be difficult to impress the group's board of directors."

What does the conditions for relativity entertainment offer are good? Luo Nan secretly complained that this is a cooperation that relativity entertainment takes the initiative to come to the door?

Ronan asked deliberately: "What conditions can impress News Corp and Twentieth Century Fox?"

James Murdoch was prepared: "I personally judge that the board of News Group will accept it by exchanging about 3% of the shares of 20 Century Fox with 20% of the shares."

Twentieth Century Fox is a giant with a market value of more than 25 billion US dollars. If such stock exchange conditions are met, he cannot guarantee that he can convince his father and the group board of directors.

After all, the outside world's valuation of Relativity Entertainment is about 2.5 billion US dollars.

Ronan's expression did not change at all, but he became more vigilant in his heart. It turns out that imperialism's selflessness is not dead!

There are many factors that relativity entertainment can develop when the six major companies occupy the absolute upstream.

Once, Lionsgate Pictures became bigger and stronger, and Netflix even became a member of MPAA. Why? Don’t the six major companies know that they will seriously threaten their position? But the six major companies have never really joined forces and fight them with all their strength, because the six major companies themselves are competitors.

If the six major companies monopolize absolutely dominant resources and are a solid piece of the board, Hollywood will no longer be like this now.

Relativity Entertainment developed in the six major gaps, under the cover of DreamWorks shields. It has a single equity structure, extremely healthy finance, abundant cash flow reserves, and has established relatively complete production and marketing channels.

These are the capital of Relativity Entertainment, and they are also the capital that any of the six major companies are arbitrarily alone and dare not officially start a war against Relativity Entertainment.

And equity is the basis.

Twenty percent of the sale today is equivalent to the relatively solid shell of Relativity Entertainment, which opened a hole, giving Twentieth Century Fox and even News Corporation the opportunity to make trouble internally.

The most solid cities all collapse from the inside.

Three percent of Twentieth Century Fox shares exchanged for twenty percent of Relativity Entertainment shares. From the outside world's assessment of the two companies, Ronan undoubtedly took a big advantage.

But not to mention the previous ones, only one is enough to strengthen Ronan's mind.

Netflix is ​​preparing to go public!

Ronan said tactfully: "Three percent for 20 percent, this is too cheap, I'm afraid it will be difficult for you to convince News Group..."

"Believe me, I'm at least 70% sure!" James Murdoch said confidently: "Ronan, your ability is worthy of Fox's premium!"

Relativity Entertainment produced and released more than a dozen films last year, and combined with the old films, how much profit did it make?

Ronan sighed. Could it be that it was the relationship between the environment of growing up since childhood and the natural advantages brought by the large group? James Murdoch was so confident, why didn't he let him finish his words?

"James, I appreciate your kindness." Ronan could only say this: "If Relativity Entertainment wants to cross-hold shares with other companies, I will definitely give priority to Twentieth Century Fox."

Hearing this, James Murdoch paused slightly and returned to normal instantly: "Okay, Ronan, I hope we can cooperate in depth in the future."

This result was expected, so naturally it was no surprise.

It's just a pity that the huge benefits could not blind the young man's eyes, and he did not get the opportunity to enter the market to break through the relativity entertainment from the inside.

James Murdoch was a little disappointed, but he didn't get entangled. He shook hands with Ronan with a very graceful look and said goodbye: "I will return to London soon. If you go to London, you must contact me and we will get together again."

Ronan responded with a smile: "It must."

This is the Relativity Building. Out of the most basic politeness, Ronan sent James Murdoch out of Starbucks. He watched him get into the car near the door, and knew that Relativity Entertainment had no way out. He either entered the top floor of Hollywood or was eaten by the forces on the top floor...

James Murdoch got into the car and sat quietly and thought for a long time. The friendly negotiations covered by cooperation did not achieve their goal, so he could only think of other ways.

He told the driver and assistant: "Can you stare at Ronan Anderson."
Chapter completed!
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