Chapter 977

After talking about EMI, Barry Diller and frank turned to media group and film production.

"Boss, have you heard of IMAX?"

"IMAX company, I've heard that their company seems to have invented a new projection technology, hasn't it?"

Hearing Frank's words and referring to IMAX company, Li Feng was shocked in his heart, and then responded with a smile. IMAX projection technology, future generations do not know. IMAX cinema has gradually become the mainstream, and Li Feng has naturally heard a lot about it.

"I've heard of it. IMAX was listed on NASDAQ in 1994 and entered the cinema for the first time in 1994. However, due to the high cost, its development is slow temporarily. Nowadays, IMAX cinemas are still rare. They are mainly used in local palace exhibitions such as science and technology museums and aviation museums.

However, we believe that technology will always move forward. Hollywood film companies have begun to slowly accept IMAX projection technology. There are even rumors that some companies have begun to make special IMAX films.

Whether from the future development direction, scientific and technological development or MGM itself, this is a possible future development direction. Film and television production technology also needs such equipment. Now we want to invest in this company. Boss, what do you think? "

Although there were 10000 praise points in his heart, Li Feng still pretended to hesitate: "are you sure, can the future of this projection technology be clear?"

……

After listening to Li Feng's words, Barry Diller said: "no one is sure. After all, there is no better technology to directly convert Hollywood films into IMAX films. However, in case such conversion technology appears in the future, IMAX has obvious advantages compared with today's screening and viewing effects.

It doesn't matter whether MGM film company invests or not. After all, film screening is a matter of cinema lines. However, considering the entertainment media group, such investment is a very good early investment for the media group. If iamx screening technology develops into the mainstream, If you master IMAX's, you can grasp the trend of film and television production from the upstream.

In addition to the iamx company mentioned by frank, there is actually another company. Now we'd better invest in it, that is Dolby Laboratories.

Dolby company has invented Dolby noise reduction system, three-dimensional surround system and other technologies, which has a great impact on film sound effects, home cinemas and other aspects. These places are inseparable from Dolby system.

This company is an unlisted company. However, as Dr. Dolby, the founder of Dolby, gets older and older, and there is no outstanding successor in the Dolby family, the inheritance of wealth has become a new problem.

If Dr. Dolby dies, because Dolby laboratory is not a listed company, the company's valuation is very high, but the actual income is limited. According to the issue of American estate tax, it is estimated that Dr. Dolby's family can go bankrupt by paying estate tax alone.

Now Dolby lab is seeking to go public. Similarly, it is ready to sell some shares to establish Dolby family fund. Originally, Dr. Dolby firmly controlled the company and took the road of no financing, but the ideal always has to bow to the reality.

Of course, this is also our opportunity. After all, today's Dolby noise reduction system and three-dimensional surround system have been involved in all aspects. Dolby laboratory technology can be found in cinemas, home cinemas and even ordinary life.

Like IMAX, it is dispensable purely from the perspective of MGM's development, but from the perspective of the overall future trend of the media field and other all-round development, these technologies can be the cornerstone of film and television media technology now or in the future. "

……

"Dolby, I only know Dolby theater in Hollywood. What does this have to do with Dolby lab?" After listening to Barry Diller's long speech, Li Feng asked with a smile.

"Boss, the Dolby theater in Hollywood was established by Dolby laboratory company. This theater is the benchmark for the product application of Dolby laboratory company, which involves all kinds of Dolby products."

"Oh, in that case, you can talk about it. Can you control it?"

At this time, Li Feng has understood what the two companies mean, iamx will not say. Li Feng in his previous life has long heard of their name. After all, most of them choose IMAX cinema to watch in the cinema.

Although I haven't heard much about Dolby, it is clear from Barry Diller's words that although Dolby laboratory is inconspicuous, it is a super giant in noise reduction and sound effect. Although the market value of the company is not high, it is an absolute authority in noise reduction and sound effect.

In terms of pure investment, there will be no loss. IMAX will be famous in the future. Since it can get such a great reputation, it will be perfect to invest when people haven't made a fortune.

Although I don't know much about Dolby lab, it's worth investing only because it is absolutely authoritative in some aspects. I haven't heard a word. Monopoly is the most profitable business.

Why Dolby didn't go public before is because Dolby knows that he firmly controls technologies such as noise reduction and sound surround, and doesn't worry about why he wants to go public without money.

Now, since people have to make the decision to go public for the sake of family inheritance, the prospect of Dolby after listing is obviously good. Only in terms of investment, investing in the two companies will not lose money, not to mention greater invisible value.

Just because of this thought, Li Feng asked the two whether they could control.

……

"Boss, it's hard to control. IMAX itself has long been listed unless we buy it at a market value premium. As for Dolby lab, although Dr. Dolby wants to sell some shares to prepare for the company's listing, he still controls the company and won't give up control." Barry Diller said with a smile.

"Well, since IMAX has been listed, I think it is possible to control it. It's just a matter of the price. It's more difficult for Dolby to control it.

Dr. Dolby has been firmly in control of the company before. Although changes have been made due to family inheritance, I think the control of the company will be in hand, so let's make an investment. "

Combined with the two aspects, Li Feng smiled and said: "since it is so, let's formulate an overall plan. The two companies take as many shares as possible. IMAX holding is the most perfect. As for Dolby, how much you can take is how much you can take."

"I see. Then it's up to us."

"Ha ha... Barry, frank, I believe you. You've never let me down in your two classes, have you?"

"Thank you boss for your trust."

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