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Chapter 1703 Provisional Coordinating Committee

Netflix is ​​now a beneficiary of this ecological industry. It has obtained the film and television rights from Universal Pictures, the streaming rights for European football documentaries, and the traffic from Twitter, Helo, Ucgram and Goal...

If you need content, you need content, and if you need traffic, you need traffic.

There is also a strong and excellent management team.

Looking at the world, which streaming media platform can compare with Netflix? The company is growing visibly rapidly.

In the first half of the year, many major investment banks were still badmouthing Netflix, believing that Netflix's stock price was too high. But in the second half of the year, the trend changed drastically.

In particular, after Netflix launched its self-produced drama strategy, expanded its business in Europe, and reached an in-depth strategic cooperation with Ziweixing Global, Netflix has become the brightest pearl in the film and television industry and the darling of the capital market.

Major investment banks are encouraging buying of Netflix stock.

Netflix now has a market capitalization of US$3.9 billion.

But this is not enough.

The estimated valuations given by many major investment banks all claim that Netflix's market value this year may reach US$10 billion.

For this reason, Hargentins had the most say. He talked for more than half an hour, just like his personal show. He spoke very fast, and even though he was weak in English, he didn't even know what he was talking about.

In contrast, the English spoken by Zhou Buqi is relatively easy to understand. He only uses some simple and easy-to-understand words, uses fragmented and short sentence patterns, and speaks very slowly.

He also made a third point: when necessary, a higher-level temporary coordinating committee will be established.

For example, the cooperation between Ziweixing Global and Netflix.

Although there is close cooperation, these are two companies after all, and both parties must consider their own interests. This greatly affects efficiency. After many discussions, the travel expenses, consultant fees, lawyer fees, and accounting fees alone cost hundreds of thousands or millions of dollars.

Therefore, there needs to be a higher-level coordinating committee to lead the cooperation between the two companies.

People are selfish and short-sighted is a common phenomenon.

I suggest them not to worry about everything, and not to ignore long-term value for short-term benefits... It sounds nice to say, but it is very difficult to implement.

At this time, a higher authority is needed to issue orders.

Just like the cooperation between Ziweixing Global and Netflix, if Zhou Buqi coordinates in the middle, it's almost enough! Hurry up to reach an agreement and get started on the cooperation project!

This is a fast-changing era, which wastes time and often misses the golden period of industrial development.

It must be quick.

Since you want to be fast, you must have stronger execution power.

The cooperation between Manchester United and Netflix cannot be negotiated by both sides. Boss Zhou will directly take the lead and set up a temporary coordinating committee. Manchester United and Netflix will report their respective demands and interest expectations.

The temporary coordinating committee will decide the specific cooperation and distribution of benefits, and Manchester United and Netflix will just implement it according to the terms of the agreement. In this way, the efficiency is greatly improved and a lot of noisy costs are saved.

Of course, such a form will inevitably lead to uneven distribution of benefits.

No big deal.

Zhou Buqi explained this, saying that there is no need to worry about uneven distribution of benefits, as long as the benefits are not lost. "Ziwei Galaxy" is a big plate. Netflix will take more and less, and Manchester United will take more and less. After all, the interests are all in this big plate.

If Netflix and Manchester United fight for their own reasons, in order to strive for the best interests for themselves, both parties must spend a lot of money to hire famous lawyers and find famous investment banks to find consultants... For the broader market of "Ziwei Galaxy" , the interests of the market are reduced, and all the money goes to lawyers, consultants, accountants, and middlemen.

Zhou Buqi's core industry is built around the Internet, and much of his corporate and management thinking also revolves around the Internet.

The attribute of the Internet is to remove middlemen and point-to-point connections.

The temporary coordinating committee organization he wants to build is actually an Internet mechanism.

When Netflix and Manchester United discuss cooperation, they cannot go through middlemen such as investment banks, law firms, accounting firms, and consulting agencies. All the money will be made by the middlemen.

To cooperate through an Internet platform!

This temporary coordinating committee is an Internet platform based on the organizational structure of the "Ziwei Galaxy" industry. Companies communicate with each other through this coordinating committee, rejecting all middlemen!

As for the issue of uneven distribution of benefits...

If a company reaches cooperation through a middleman, it will be screwed once the benefits are unevenly distributed. Whoever loses will consider themselves unlucky. Everything must be done according to the contract and there must be a contractual spirit.

A temporary coordinating committee could easily handle this.

Netflix and Manchester United cooperated, and after the committee’s ruling, the two parties reached a cooperation. Later it was discovered that the cooperation plan was not done well, Netflix suffered a loss and Manchester United took advantage. This is very simple. Anyway, the money has not flowed to outsiders. It would be better to revise the cooperation plan the next year and order Manchester United to make up for Netflix's losses.

This is the fairness and justice advocated by the true spirit of the Internet, rather than relying on the traditional cooperation of many middlemen. Whoever finds a good helper can gain huge profits and make the other party suffer.

Companies such as Manchester United, Netflix, Ziweixing Global, Ziweixing International, Asda, Bajixing, Chaowan Commune, etc. are actually one family.

What is there to suffer but not to suffer?

If you suffer losses in the past few years, you can make up for it in a few years.

Sons and daughters are all children, and godson and goddaughter can be treated equally. Nephews and nephews are also real relatives... After all, they are all a family, so don't be too external.

Such an organizational concept is very innovative and is rarely used across companies.

However, it was also well understood by those present.

Because this is old wine in new bottles.

For example, Ziweixing has WeChat Business Group and Weidian Business Group. If the two business groups overlap, there will be an issue of profit distribution. The distribution of interests between the two parties cannot be discussed by the presidents of the two major business groups on their own, but must be reported to Zhang Yiming or He Yang for decision-making by higher-level leaders.

After Zhang Yiming made the decision, no matter whose interests were harmed or whose interests were divided among the two major business groups, they must be resolutely implemented.

Because this is a company and we are all one family, whoever is more or less belongs to Ziweixing.

The temporary coordinating committee established by Zhou Buqi is actually to add a higher decision-making body to the many companies in the "Ziwei Galaxy" to coordinate business transactions and cooperation between these companies, thereby improving efficiency and reduce overhead.

Of course, the only person qualified to establish and lead the interim coordinating committee is Zhou Buqi.

"Ziwei Galaxy" was originally a business kingdom created by him.

Even Netflix’s Hargentins was convinced and willing to accept the leadership of Boss Zhou.

You know, Hargentins is the founder, chairman, and CEO of Netflix. Although his shares have been diluted to less than 4% over the years, he has super voting rights.

From a legal point of view, Zhou Buqi cannot give orders to Netflix.

But that's not important.

Whether it’s Zhou Buqi or Hagentins, both parties hope that Netflix will get better and better. This is a common value goal, and that’s enough!

Netflix is ​​now the biggest beneficiary of Boss Zhou’s system, and Hagentins is the first person to support it.

You know, among the companies in the Ziwei Galaxy, only Netflix, Boss Zhou, lacks the right to speak out. The other Ziwei Star Global, Ziwei Star Digital Media, Asda, Chaowan Commune, basically It's what he says.

Even Netflix cheered and supported, and others had nothing to say.

The meeting went well!

In the evening, Zhou Buqi reserved a place in the Green Wave Gallery and held a state banquet to entertain guests from home and abroad.

There was a lot of drinking and drinking, and it was very lively.

During this process, An Sarnoff, the chief operating officer of Ziweixing Global, sat next to Zhou Buqi with deep eyes, "Zhou, today's meeting made me understand a lot of things that I didn't understand in the past."

"oh?"

“Mostly Netflix.”

“What happened to Netflix?”

Zhou Buqi used serving chopsticks to pick up a piece of emerald shrimp and crab for her.

An Sarnoff said "thank you" and said: "In my opinion, Universal suffered a loss in the cooperation between MSI Global and Netflix. So many copyrights were licensed to such a low price. Netflix. According to normal Hollywood logic, these streaming media copyrights, let alone low-price licensing, cannot be so numerous even at high prices, which will have a great impact on its own DVD business."

Zhou Buqi said: "The streaming media industry is the future, and the era of hot-selling DVDs has passed. In the future, DVD sales can only use collector's editions, extended editions, director's cuts, and other tricks."

DVD is a huge market for Hollywood movies to make money.

On average, the money a Hollywood movie makes in the DVD market is actually about the same as in the box office market.

In the past, there were directors who used very despicable tactics in order to boost DVD sales.

When filming some large-scale scenes, even if the scenes shown in theaters are exposed, key parts will often be properly covered with camera language to protect the actresses.

However, when the director's cut version was released on DVD, key parts were exposed, which made the actress very angry and she did not dare to sue to offend the film company.

A lot of content can only be seen if you buy the DVD.

Through this method, we can promote the sales of DVDs. When streaming media develops, this will become the best magic weapon for selling DVDs.

An Sarnoff said: "The biggest uncertain factor in today's meeting is Netflix. Hargentins has absolute control over Netflix. The cooperation between Ziweixing Global and Netflix in the past year has demonstrated the Very sincere. With such a good start, I believe he will respect the coordination of the interim coordinating committee that may be launched at any time."

Zhou Buqi smiled and said, "This is best."

An Sarnoff whispered: "Even so, when cooperating with Netflix, the contract must be clear. Other companies are under your control, and whether there is a contract or not actually doesn't mean much. Keep an eye on Netflix." ."

"Good advice."

Zhou Buqi follows the good and follows the flow.

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