Top of the Great Era

Chapter 1432 It's really hard to take advantage
The "Ziweixing Global" project mainly does three things.

First, the acquisition.

Within this year, MGM, Universal Pictures, Marvel, and DreamWorks Animation will be bought, and these Hollywood film companies will be properly reorganized to become subsidiaries of Ziweixing Universal.

Second, management.

It will take two or three years for Ziwei Star Global to operate in a healthy manner following the traditional Hollywood model.Take Marvel, for example, to establish the Marvel Universe; MGM, for example, to re-strategize it and try to revive it; for example, DreamWorks Animation, to promote Katzenberg to return to the production position, and follow up with Pixar fights.

It even includes Universal Pictures, which is currently developing extremely well.

The era of 3D blockbusters has arrived.

Universal Pictures has a super brand "Jurassic Park", which needs to be launched as soon as possible to catch up with the first wave of 3D viewing dividends brought about by the release of "Avatar".

Third, transformation.

Transforming from an entertainment empire to a content kingdom, gradually abandon traditional channels such as DVDs, TV stations, and VOD stations, and replace them with Internet streaming media, and determine the strategic outline of "theater + streaming media".

In other words, within a few years, Ziwei Star Global will be a non-Internet traditional group company, which will be relatively simple in terms of equity allocation.

Traditional enterprises do not need to allot shares to the management, just distribute profit dividends to them according to Hollywood practice.

So the cooperation between Zhou Buqi and Sun Zhengyi is relatively simple.

Take out 10% of the management shares to Zhou Buqi personally, and the remaining 90% of the shares will be equally distributed by both parties according to the proportion of their investment.Masayoshi Son has long said that SoftBank can contribute 150 billion to 200 billion US dollars.

After initial consultations, no agreement was reached on the plan.

Sun Zhengyi felt that he had to do something big, pay more money, and be bold!Even if it exceeds the US$200 billion in Softbank's budget, it's okay, Softbank can continue to add more.

Zhou Buqi almost died of anger.

I said in my heart that you really don't have a backache when you stand up and talk. Softbank's money is the investor's money. Of course you are not afraid of losing money.My money comes from my loan. If I lose money, I have to tear down the wall to make up for the other wall. It's a lot of trouble!

With Zhou Buqi's current financial resources, a mere loan of several billion dollars would not trouble him.

But his main assets are all long-term value investments. If he sells his assets early to pay off his debts, from a long-term perspective, the loss will be too serious.

Not in a hurry anyway.

It has just started its first step, the acquisition of MGM for $25 billion.

SoftBank first advances capital.

The follow-up project has been preliminarily completed, and it will not be too late for Zhou Buqi to invest in the funds.To do Ziweixing Global, it is a lot of money to acquire many film companies, and it is also a lot of money to inject capital into the company as working capital, which is very important.

The personal matter between Zhou Buqi and Sun Zhengyi is easy to solve behind closed doors, and there is no rush.

What Masayoshi Son wants to say is another thing, "Did you just go to Netflix?"

Zhou Buqi nodded, "Yes."

Sun Zhengyi then asked: "I heard that you are the major shareholder of Netflix? Do you hold more than 30% of the shares?"

Zhou Buqi smiled, "Yes."

"Then what do you think about it?" Sun Zhengyi said bluntly, looking at him with burning eyes, "Ziweixing Global's content kingdom plan is aimed at Netflix?"

There is no hiding it.

Zhou Buqi is so optimistic about the future prospects of streaming media, and Sun Zhengyi is a senior figure in the Internet industry. He can easily judge his business plan from Zhou Buqi's industrial planning.

"Indeed, I am very optimistic about the future of Netflix."

"However, I didn't invest in Netflix."

"Ok?"

Zhou Buqi raised his eyebrows, hearing the dissatisfaction in the other party's words.

Sun Zhengyi said indifferently: "We have communicated before that in the era of the Internet, the entertainment industry will transform from being king of channels to being king of content. Whoever owns the content will be able to create the most powerful channels. Netflix is ​​just a channel platform, if Ziweixing Global is established, what kind of platform can’t support it? Why support Netflix?”

In the final analysis, Netflix and Ziwei Star Universal are two companies.

The two companies do not have a strategic cooperation relationship in terms of shares, but they have the same "big boss" behind them, which may lead to strategic cooperation due to personal relationships.

This is easy to be criticized and will harm the interests of small shareholders.

It doesn't matter if it is a minority shareholder, Softbank is the most important investment institution of Ziwei Star Global, and it is the major shareholder.Are major shareholders infringed upon by minority shareholders?This is really unreasonable.

Zhou Buqi coughed lightly, "I think Netflix and Ziweixing Universal can be open and transparent even if they cooperate."

Sun Zhengyi shook his head and remained silent.

This is pure bullshit.

It is impossible for affiliated transactions to be free of tricks.

Zhou Buqi knew that he was ignoring it, and suggested: "How about...how about you fight for it and see if you can buy some shares of Netflix? Now that Netflix is ​​being bad-mouthed by Wall Street, you should be able to buy a lot of shares, right? "

Sun Zhengyi didn't think it was a good idea, "it's boring to come and go less."

Netflix is ​​a listed company, 40% of the stock is in the hands of various investment institutions, 30% of the stock is in the hands of Zhou Buqi, 20% of the stock is in the hands of the management, and 10% of the stock is in the hands of small investors. hand.

Where else can I go to buy stocks?

Even if he can buy some, it can only be a small fight, the scale is not large, and it can't satisfy his appetite.

Zhou Buqi stared at him in disbelief, "I'm sure, you must be secretly buying Netflix!"

Sun Zhengyi waved his hand, "Even if you can buy it, it's only a few points."

Zhou Buqi has been dealing with him for a long time, knowing that this is an old fox, he seems to have realized something, "Do you have any ideas?"

Sun Zhengyi laughed.

Zhou Buqi said angrily: "What the hell?!"

Sun Zhengyi asked: "What is your positioning for Ziwei Star Global?"

"Content!"

"No, is this a traditional Hollywood company, or an Internet company that makes movies?"

"Uh……"

Zhou Buqi couldn't answer.

He has personally finished, and he will definitely not be a traditional film company.

Sun Zhengyi said: "If it is the Internet, then the result is doomed. The future development direction of Ziwei Star Global must be streaming media! Ziwei Star Global will launch its own streaming media platform! Content is king, whoever controls the content, who It’s the king! Netflix only has channels but no content, why should it be bundled with Netflix?”

"Depend on!"

Zhou Buqi wanted to curse.

Sun Zhengyi smiled, "Am I wrong?"

Zhen Yu next to him helped explain, "Ziweixing is an Internet company. The reason why he didn't lead Ziweixing to do streaming media business, but invested in Netflix, is because this direction is too difficult to do. He thinks that Netflix's team is very difficult. Cohesive, bold, and planned."

Sun Zhengyi disagreed, "Zhou, in my opinion, if Netflix can do it, you can do it. What's more, from a strategic point of view, Ziweixing Global has chosen a more direct and sharper development path. Without the support of content, Even if Netflix thrives, it could collapse overnight."

"Ah."

Zhou Buqi nodded.

indeed so.

Netflix's model is to do channels first, and then do content.It's like building a house. The roof is built first, and the foundation is built later, which caused Netflix to suffer several setbacks in the development process.

Ziweixing Global is different, it builds the foundation first, and if Universal Pictures, MGM, DreamWorks and other companies are successfully acquired, it will have a huge content library.

Build the foundation first, and then slowly build up the building, which will be more stable and safer.

Sun Zhengyi said with a smile: "We have the same judgment that the streaming media model will gradually replace the traditional model in the future. With the general trend, Hollywood must also change. Even if it is a few years late, they must keep up. I believe After many years, Hollywood content providers will gradually transform to streaming media."

Zhou Buqi waved his hand, "What about Netflix? What do you think?"

That's the most important thing.

If Ziweixing Global enters the market as a streaming media platform early, it will be a competitor with Netflix.This is not in the interests of Zhou Buqi, isn't this the left hand hitting the right?
Sun Zhengyi said: "I don't think there is a contradiction."

"Ok?"

"The power of tradition is very strong. I believe that even if streaming media is the general trend, there are still a large number of people sticking to the traditional model, renting discs, buying DVDs, or subscribing to cable TV. This is a huge market, and no one can monopoly."

"You mean coexistence?"

"Why not?" Masayoshi Son obviously had planned everything long ago, and blurted out a set of data, "American households pay an average of $87 a month for their TV channel package, and the figure in California is as high as $112. Taken together, the annual expenditure on TV exceeds $1000. How much is Netflix’s subscription? It’s only $7.99 per month, and only $100 a year. If streaming media is to completely replace TV, at least 10 Netflix companies can digest it. A large annual fee. Of course, the premise is that Netflix can survive the wave of streaming media, and gradually become stronger and become an industry giant.”

Zhou Buqi felt that what he said was too reasonable.

This is still a TV station!
Don't forget, the emergence of streaming media can not only run on TV stations, but also eliminate the rental and sales of DVDs, which is another big budget savings.

Although there are no statistics on this amount, it is not much less than subscribing to TV channels.Even if each family averages $500 a year, that adds up to $1500 in household expenses.

For a mere Netflix, the one-year subscription fee is only $100, which is far from digesting such a large family expenditure on entertainment content.

It also means that many streaming media giant platforms are allowed in the US market.

Just like the four major TV networks NBC, ABC, CBS, and FOX coexist, and many cable TV stations such as AMC, HBO, and Starz go hand in hand.

However, Zhou Buqi still wanted to scold people.

Depend on!
Let him figure it all out!

Why is it so difficult to take advantage of a business tycoon of this level?

(End of this chapter)