Chapter 243: Large acquisition of film and television rights
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The so-called home entertainment department includes the operation of movie peripheral products, the distribution of DVDs and video tapes, the dividends of movies on the TV platform, and the sale of DVD players, game consoles and other commodities.
MGM Films, as the eight major Hollywood companies in the past, has been glorious for decades. Although it is now sluggish, the situation is sluggish, the annual profit is low, and the overall strength is far inferior to the six major Hollywood companies, but it has a solid foundation!
Have a library of 4000 movies;
Owns "Gone with the Wind", "The Wizard of Oz", "Cat and Mouse", "007", "Rocky", "Rain Man", "Flying Over the Cuckoo's Asylum"... a number of world-renowned classic film copyrights;
More than 170 Oscar statuettes;
All of this speaks of the glory of MGM.
Even though MGM’s annual production capacity for new film production is low and the box office is sluggish, it has a library of 4,000 films, and the dividends authorized to major TV platforms each year are as high as 45 million US dollars.
Zhu Ke secretly said in his heart: "It is now in the late 1990s. Although DVD has emerged, it has not yet become popular. After 2001, with DVD authorization alone, MGM’s annual revenue will rise to more than 70 million US dollars. ."
"MGM, which is worth US$2.85 billion, has a library of 1.8 billion."
The number of films in the film library is the background of a film company.
In addition, having a huge library of movie films can bring the company a stable profit of tens of millions of dollars every year.
Zhuke, why not be moved?
"Even after 2010, DVDs are in a recession, but there are still online video sites and streaming media sites. By then, authorizing film and television copyrights will be a huge income."
Tut tut~
Zhu Ke really coveted it for a long time.
Of course, Taro Hashimoto mentioned the establishment of the home entertainment department, which also includes the sales of electronic products and DVD players.
In this regard, Zhu Ke's Golden Dawn Entertainment Group is at an absolute disadvantage.
Why did the electronics giant Sony acquire Columbia Pictures?
To make a movie?
Shit!
The giant Sony still looks down on the profitability of movies!
They bought Columbia to open up the North American market, promote their electronic products, and better promote their brands.
"Boss, the acquisition of film and television rights is imminent."
Hashimoto Taro solemnly said: "I am a Japanese. From my sources, I learned that Japan’s two major electronics giants, Sony and Toshiba, are currently studying DVD players with higher performance and higher resolution. By then, In order to compete for the market, they have to win over a large number of allies, and film companies that own many film and television copyrights are bound to take the opportunity to make a fortune."
"We, Golden Dawn Entertainment Group, must never let go of this opportunity to make money and increase our influence."
The voice fell.
Zhuke's heart is like a stormy sea at this moment, and it is difficult to calm down.
Damn it!
"The little devil Taro Hashimoto is amazing!"
"He unexpectedly foresaw the battle between the two giants Sony and Toshiba between the Blu-ray-DVD and HD-DVD formats in the future? The DVD-format battle between the two major electronics giants has spread to a very wide range. Nearly all Hollywood companies are involved. Was drawn to each other by the two families."
"The DVD format dispute is no less intense than a financial war!"
"Even beyond."
"However, they are all losers in the end because of the rise of Internet video and streaming media sites!"
"Sony and Toshiba have lost both in the DVD format dispute, but the major Hollywood companies have made a fortune and made a fortune."
MGM joins the Sony camp with a profit of US$470 million;
Warner joined the Sony camp with a profit of US$540 million;
Universal joined the Toshiba camp with a profit of US$610 million;
Disney joined Toshiba's camp and made a profit of US$760 million;
.......
Under a wave of operations, with only the authorization of the film library, the major film companies have made a lot of money. In addition, plus the DVD sales dividends, the major film companies have more or less made a fortune.
Zhuke is not willing to miss this extremely easy way to get money.
"Boss, taking advantage of the DVD player manufacturing giants such as Sony and Toshiba have not yet started the copyright acquisition plan, if we intervene now, then a few years later, it is bound to bring extremely rich returns to the company."
"Boss, please approve my request!"
After the little devil Taro Hashimoto finished speaking, he bowed heavily to Zhu Ke.
What can Zhuke do?
Of course agree with him!
"Taro Hashimoto, I basically agree with your idea."
Zhu Ke said solemnly: "I will mention this at the recent regular group meeting, but you must give me a complete plan."
"Yes, boss." Taro Hashimoto was suddenly excited.
After he leaves.
Zhu Ke couldn't help but sigh.
"Amazing!"
"Everyone in Hollywood is human."
"Taro Hashimoto is not satisfied with the position of the president of SpongeBob SquarePants House. He mentioned the establishment of a home entertainment department and expansion of the company's film library. He just wants to go further.
"Hey, you can't underestimate him!"
Never underestimate the aggressiveness of a professional manager to climb upward!
In fact, the same is true.
The position of group CEO Victor, who is not staring at the group now?
Donna Langley, Kevin Fitch, Alexander, etc., which one does not want to take the position and replace it? !
Even more rampant professional managers want to kick the boss of the company out of the game, which is not uncommon.
Isn't that the case with Disney's current internal struggle?
Disney's Michael Eisner, through a series of means, constantly cleansed the Disney family's power and influence in the Disney Group. Of course, he ultimately failed, but he almost succeeded.
How crazy Jobs was once!
Wasn't it also kicked out by Apple?
Of course, he is now back to Apple and is in power, but the shares he owns in Apple are simply pitiful, only 0.8%.
That's right, less than 1% of the shares!
At this moment, Zhu Ke, while appointing Hashimoto Taro, Victor, Donna and others, will never underestimate their ambitions, and always beware of one or two things.
"Hehe, I'm not unreliable. As long as Jin Shuguang is not on the market right now, none of them will use me." Zhu Ke raised the corner of his mouth.
.......
A few days later.
The group's regular meeting in January was held as scheduled.
"My Grand Greek Wedding" is scheduled for February 14, 1999;
"Spartan 300 Warriors" was set on April 7, 1999;
These two projects are the key projects of the group in the near future, and Zhu Ke and others keep mentioning them in regular meetings.
"One last thing, Mr. Taro Hashimoto submitted to me the idea of setting up a home entertainment department a few days ago. You can talk about what you think." Zhu Ke laughed.
The voice fell.
All the executives present, Gu Shi whispered one after another.
Old Bill, President of Wald Pictures: "I agree. Looking at the major Hollywood companies, which one does not have a strong number of film libraries? We Wald Pictures now have less than 20 film and television rights. Faced with those film companies, Always inferior."
Kevin Fitch, Vice President of Wald Pictures: "I also agree that the massive film library is not only the company's heritage, but also the guarantee of the company's stable profitability."
Domino of Jin Shuguang Music: "I also agree. And not only the copyright of film and television needs to be acquired, but the copyright of our music company must also be expanded."
Donna Langlei nodded and said: "Expanding the film library can bring more film and television broadcast rights to our WB TV network and UPN TV network. I have no reason to oppose it."
A lot of company executives ~www.wuxiaspot.com~ The vast majority of Gu agreed with the proposal to form a home entertainment department.
but!
There is a problem that everyone has to face!
That's money!
It takes a lot of money to acquire a large amount of film and television copyrights!
"In that case, I decided to raise 100 million US dollars from the group account for the acquisition of film and television copyrights and expand the company's film library."
Zhu Ke looked at Taro Hashimoto again: "I will leave this to you, Mr. Hashimoto."
"Yes, boss."
Taro Hashimoto responded repeatedly.
Although Zhu Ke does not like little devils, he has to admit that the little devils Hashimoto Taro has a way of doing things, not to mention that this project was the first to propose and he made a complete plan.
"" The first update is sent.
