Vol 6 Chapter 24: 2 Murdoch

"Feng, this is our new president of Interactive Media, Pete Levinsohn," the second son of Murdoch, the president of News Corporation, looks more refined than Lachlan Murdoch next to him, so he looks more like his father. James Murdoch, pointing to a middle-aged man who came with them and said.

He was a tall and sturdy middle-aged man who looked more like a rugby player, but even smiled and looked strict.

"Mr. Feng, nice to meet you,"

This is quite coincidental. His predecessor, the one who proposed to acquire MySpace, was also named Levinthorne.

I don't know if this powerful new Levinsohn can manage MySpace well.

In any case, even in the social field, Feng Yiping now focuses his attention on Twttr, which was established early last year, which later became Twitter, but he still maintains a certain amount of attention on some key trends of MySpace.

Since its acquisition by News Corporation, with the help of News Corporation’s global advantages, MySpace has indeed developed very rapidly. The number of independent visitors has increased at a rate of up to 155% every month. At present, the user has successfully exceeded the 50 million mark.

Because of the rapid growth, they also experienced a happy and worrying problem last year that the server was unbearable.

Because of the rapid growth of MySpace, News Corp. is optimistic that more than a year after being acquired by itself, it is now worth at least 10 billion U.S. dollars. This allowed Murdoch to express his optimism about MySpace on multiple occasions, and therefore added Increased News Corp’s investment in the Internet field.

In 2006, they tasted the sweetness and acquired two Internet companies. According to reports, they still have a big move, another move related to Feng Yiping.

However, not many people in the market feel that News Corp.’s current estimate of MySpace’s $10 billion market value is too high. Some people even think that this number should be at $20 billion. Feng Yiping is a bit pleased to see it. What is the value of Facebook? Isn't it more than tens of billions of dollars?

For this reason, News Corp. has also incurred some lawsuits. An important former shareholder of MySpace sued the court, claiming that before the acquisition, MySpace executives had hidden the company’s data from shareholders, which allowed News Corp to earn 5.8 The acquisition was completed at a low price of US$100 million.

To put it bluntly, that is to say, seeing that MySpace is developing so well now, I am jealous and regret it.

While this adds a joke to the people in the circle, it also reflects the current success of MySpace.

In the entire circle, it is estimated that only Feng Yiping disagrees with this, including Mike, Zuckerberg, Sandberg, and other Facebook executives. Although they think MySpace is chaotically managed and lacks innovation, given its current momentum, they Are seriously considering the threat posed by MySpace.

The prosecution does not seem to be groundless. One of the evidences is that one of the co-founders of MySpace, Chris Dwolf, has indeed a very different relationship with Murdoch. It even seems that Murdoch treats him somewhat. The meaning of obedience.

This also led to Chris DeWolf's boss, Ross Levinsohn, who proposed to acquire MySpace, who is also the President of Interactive Media in charge of the Internet business of News Corporation, in an embarrassing situation.

In front of the big boss, the opinions of one of your subordinates are more popular than yours. For an executive, it can be said to have a lot of meaning.

The resignation of Ross Levinsohn should have a lot to do with this.

Feng Yiping felt a little aggrieved for him.

Because it is usually the case that the person in charge of the newly acquired company is forced away by the executives of the new owner, but this time, things have changed.

I don't know if Rose regretted his original proposal when he resigned sadly.

"Hello Pete, I think that News Corp's Internet business, in your hands, should be the same as in Rose's hands, to a new level," Feng Yiping said.

"Thank you," Pete Levinsohn shook hands with Feng Yiping politely.

It's just that he always feels that this young Mr. Feng's words seem to have other meanings?

Of course there are other meanings.

Feng Yiping doesn't remember whose hands MySpace was sold, but, in just over a year, MySpace, whose valuation has increased from 580 million U.S. dollars to tens of billions of U.S. dollars, is unknown in the future. The ups and downs are like a roller coaster. The same plot, for a bystander, should be very enjoyable, ha ha.

I don't know how this new Levinthorne, who now looks smug, will feel by then.

"Mr. Feng," Murdoch's eldest son, Lachlan Murdoch, drank a large glass of wine as soon as he sat down, "I have to toast you and congratulate you on your remarkable achievements in the field of film. "

"Thank you," Feng Yiping raised his glass and touched him, "Just, is it too early now?"

This is when the sun sets.

The setting sun shone a little golden light in the wine glass through the gaps between the branches and leaves above their heads.

But they are not actually on the ground. The restaurant they are in is on the top floor of a building beside Los Angeles’ luxurious Sunset Strip.

The top floor of this 15-story building is most eye-catching. The two rows are tall and vigorous, with luxuriant branches and canopies that meet each other, forming a natural awning of nearly ten big trees.

This is Hollywood luxury.

"Not at all," James Murdoch said. "Everyone in Hollywood is optimistic about the first big movie produced by Marvel. In view of the worldwide distribution work, the progress is also very smooth, so everyone is convinced that this Will be Hollywood’s most successful film at the box office this year,"

His words faintly express merit.

Because the release of Iron Man, it was their Fox who was in charge.

"Haha, thank you, but don't forget, there is another popular movie this year, Transformers," Feng Yiping said with a smile.

Therefore, everything is not perfect. Although Iron Man was released in 2007, it was indeed better than in 2008, but this year, it hit Transformers.

It was also a big production with a production cost of over 100 million yuan. It was also a popular IP. Feng Yiping also knew that it was also the first film in a successful series.

"Many experts believe that the story of Iron Man is more attractive," Lachlan said. "Another advantage of ours is that Iron Man is released two months earlier than Transformers. I think its empty storyline will The audience who watched Iron Man first all returned in disappointment."

"This will definitely further affect its box office revenue,"

"This hasn’t taken into account Mr. Feng and Marvel’s unbelievable publicity measures. Marvel’s propaganda of Iron Man has given us a lot of inspiration," Pete Levinsohn complimented Feng Yiping in a timely manner. One sentence.

"Thank you. In any case, we have to thank Fox for his success in publishing. I respect you," Feng Yiping said.

Both Iron Man and Transformers belong to science fiction movies. The difference is that one belongs to a person wearing armor similar to Transformers~www.wuxiaspot.com~ The other is a Transformers that was originally a machine, with some noble qualities of humans. The two movies are somewhat similar.

Some viewers may be happy to have two such choices a year, but some may feel that just watching one is enough.

For the latter part of the audience, movies that are released first, well advertised, and have a good reputation are obviously more likely to choose to watch the first one that was released first. For the second one, it may be pure. Wait and see.

Therefore, Fox succeeded in getting Iron Man to be released in early May, which really gave it a first-mover advantage over the Transformers scheduled for July.

"You're welcome, we all know that the ultimate success of a movie lies in its quality," Lachlan said. "It's like the Netflix movie, "The Long Way Home", after nearly two years of polishing. , And it is set for the end of the year. It seems that Feng, you intend to let it participate in the Oscar competition?"

Could this incident be their main purpose for finding themselves today?

It seems, not very similar.

They should be very clear that a movie like "The Long Way Home" will not be too high in terms of box office revenue. Therefore, it is not a pity for them to not participate in the release of this movie.

As for Chongao, Fox will have its own films participating in this competition every year, and this one is not bad.

"Yes," Feng Yiping knew that his arrangement is no longer a secret in Hollywood. "You know, working with such an excellent team is not common."

He checked his watch.