Heads Up Hollywood

Chapter 209 Blessing Influence

Perhaps the reason for the old office version of this era, West Cotton's ppt, is not beautiful at all, but it is full of dry goods.

On the ppt marked on page 21, Dunn saw the name of a company - Dick Clark Television Productions.

Tang En became a little curious. It was just about the film industry, and now... just jumped to the TV industry?

This West Cotton has a lot of ambition!

Obviously, he was not willing to be only an executor around Dunn and prepared the distribution department of independent films according to his orders, but had his own development ideas.

Don't say right or wrong, Dunn appreciates his attitude!

In the current Tang En Films, the strategic decisions are all made by Tang En.

Although Bill McNick holds the post of president of Dunn Films, he is a film producer and an expert in film content. It is difficult for him to give constructive opinions on the development and decision-making of the company's strategic layer.

This is also the only way for the reform of Hollywood film companies from the traditional to the new era.

In the past, the six major film companies were all managed by senior filmmakers. However, with the change of the times, the industrial development of film companies has become more and more diversified, and the CEOs of film companies have begun to change from traditional senior filmmakers to visionary talents in strategic decision-making.

Just like the current Warner Bros., the chairman of the board and CEO Terry Semel is about to leave, but the popular candidate for the new CEO is not Warner President and movie content expert Alan Horn, but CEO Barry Mayer.

Bill McNick is clearly the manager model of a previous era.

But for Dunn Films, the significance of Bill McNick's existence is very important.

Dunn is radical, and his decisions are often extreme and hasty. At this time, a conservative and cautious elder is needed to help him step on the brakes.

What's more, Bill McNick's accumulated contacts in Hollywood for decades are far from ordinary people.

West Cotton cleared his throat and said slowly: "Dick Clark Television Production Company, this is a listed company. However, the performance has been poor in the past two years, and the economic crisis has broken out, and the stock price has plummeted. Now, this company Its market value is only about $36 million, and if you want to complete the delisting acquisition, you need to prepare funds of about $45 million to $5,000.”

Tang En smiled and was full of confidence.

Because of Dick Clark Television Productions...he's thumping too!

It's not that the company is famous, but because in his previous life, as a movie lover, he often paid attention to some Hollywood news, and the news of Chinese companies' acquisitions of Hollywood companies was often a big hit in the entertainment editions of major portal websites. push.

Among them, this company appeared.

In 2016, a real estate group, in the strategy of transforming from heavy assets to light assets, spent US$1 billion to acquire Dick Clark TV Production Company!

Later, due to policy, debt, foreign exchange and other reasons, the real estate group defaulted and did not complete the acquisition, for which it compensated $50 million in liquidated damages.

Comcast is said to be interested in buying the TV content company for $900 million.

This news was very noisy at the time, and Tang En also checked it online for this purpose.

Dick Clark Television Productions, which was listed on Nasdaq in 1986, was delisted in 2002 due to poor management. In 2007, Daniel Schneider spent $175 million to complete the acquisition, and in 2012, sold it for $350 million.

This shows that the value of this company has not been high.

Later, the reason why everyone was bidding to buy it was mainly because after the demographic dividend, the media group began to pay attention to the content industry, and IP copyright became popular.

And Dick Clark TV production company holds many famous big IPs!

It includes TV production rights for awards ceremonies such as the Golden Globes, American Music Awards, Billboard Music Awards, American Country Music Awards and New York New Year's Gala, as well as the production rights for two reality shows.

Although they have not won the TV production rights of Oscar and Grammy, these are definitely the world's top TV production IPs. In the era when content is king, of course, it is the focus of competition among various forces.

So for West Cotton's second acquisition proposal, Dunn is very moved!

Bill McNick frowned and said, "West, I know that this company's earnings have not been high. Last year's profit was less than $500,000. I can't see a profit point."

West Cotton shook his head firmly and said, "No, Mr. McNick, in my opinion, what Dunn Pictures lacks now is not profit points, but influence."

Tang En's eyes lit up instantly, "Go on!"

West Cotton said: "Actually, as far as Dick Clark Television Production Company is concerned, the revenue is indeed not too high. Most of the broadcast expenses are distributed to the major award associations. The good news is that these ceremonies have Most of the TV production rights are held permanently, even if you can’t make a lot of money, but the advantage is stability, high operational security, and stable profit sources.”

Tang En said with a smile: "Yes, with the advent of the media age, the TV broadcast rights charges for literary, artistic and sports programs will be greatly increased. In a word, with content, the sky is not afraid of the earth!"

West Cotton almost didn't burst out laughing, and said with restraint: "If it can really be like this in the future, it will be the best. Even if it can't, this TV production company will bring great help to Dunn Pictures."

Bill McNick glanced at him and chose silence.

Tang En crossed Erlang's legs with a smile, waiting for his explanation.

West Cotton said slowly: "The film produced by Dunn Pictures is very exciting and beautiful. There is no doubt that we have Director Walker, which is a nuclear weapon. However, for the brand of Dunn Pictures, it is far Not as well-known as the movies we produce. Not to mention compared to giants like Disney and Warner Bros., even Colombia, which is now being suppressed by Sony Pictures, has no influence.”

Bill McNick nodded and said: "It's natural, Dunn Pictures has only been around for a few years, and those companies have existed for almost a hundred years!"

"So, we are not afraid of the competition of movies, but the competition of film companies, our influence is still too far. "Spider-Man" can beat "Sixty Seconds" and "Titan a.e.", but Dunn Pictures wants to beat Fox and Disney, it must rapidly increase its influence.”

West Cotton's words just spoke to the hearts of Dunn and Bill McNick.

Regarding the discussion of this influence, the two have often communicated before.

If the influence of Dunn Pictures is not enough, then even if there is money, it is impossible to complete the acquisition of Universal Pictures. If the acquisition is forced, it is likely that the executives will leave en masse just like Columbia Pictures did.

Moreover, if the influence of Dunn Pictures is not enough, when there are conflicts with companies such as Fox and Disney, third-party companies will definitely choose the opposite of Dunn Pictures. For example, Mattel chose to cooperate with Disney and gave up on Dunn Pictures.

To improve the situation, Bill McNick's advice is to get as many Oscars as possible!

Through Dunn's personal reputation, to enhance the influence of Dunn's film industry.

This road... is not easy, at least Dunn has not won any Oscar so far.

Now, West Cotton has come up with a new idea.

TV production!

Really creative!

Dunn and Bill McNick glanced at each other, both showing a bit of admiration and surprise.

Just imagine, if the award ceremonies of many awards such as the Golden Globe Awards and the American Music Awards are marked with the traces of Dunn Films, how can this influence not expand?

What's more, this is a TV production company that produces not only awards shows, but also reality shows!

For the prophetic Dunn, this is simply a blessing from heaven!

"American Idol", "The Voice", "America's Next Top Model", "Super Weight Loss King", "America's Got Talent", "Dancing Forest Hegemony", "Wise and Brave"...

Well, don't think too much of this kind of reality show idea that has exploded in ratings and swept the world.

"Okay, West, you're the person I'm looking for!" Dunn waved his hand, stood up, and said sternly ~www.wuxiaspot.com~ The proposal to acquire Dick Clark Television Production Company is very good and necessary. Bill, you have to work hard, you are responsible for this matter. "

The acquisition of a private company is relatively simple. Dick Clark Television Production Company is a listed company, and the acquisition procedures are complicated. With the position of Vice President of West Cotton, responsible for the acquisition of such a large project, the authority and power is not enough.

Moreover, Tang En also thought about it. He will be busy as the ceo assistant at the same time as the vice president of Tang En Films.

Dunn now has an assistant, George Paxton, but this is his personal assistant and does not involve Dunn's business.

He now needs a business assistant, a little secretary like Ella Fisher, who can serve tea, pour water, warm a bed, write books at most, and make creative suggestions, but he lacks the ability.

Even as the company grows in size in the future, there will be more than one assistant in charge of business by Tang En's side.

Bill McNick nodded and looked at West Cotton with more and more appreciation.

It's really frustrating!

"What is the third acquisition proposal?"

Bill McNick's question also aroused Dunn's curiosity.

Obviously, at the strategic development level of Dunn Films, even if West Cotton only obtained relevant information through some superficial materials, his suggestions are far more excellent and advanced than Bill McNick.

"The first acquisition was the film industry, the second acquisition was the television industry, and the third acquisition ... was the animation industry."

"Animation industry? What?"

"Pixar."

"puff!"

Tang En couldn't help laughing and laughed.

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Chapter 209 Blessing Influence