Chapter 1003

Then I spent a happy week on Lanai Island. During this period, in addition to Li Feng and three pregnant women, as well as the accompanying security, service and medical personnel, including Wang Siqing and several old people, all stayed in the four seasons hotel on the island.

It has to be said that Lanai Island, which has good privacy, is really a very good resort. There is no media to follow and shoot. The scenery on the island is also good. People linger on sunshine, beach, pineapple farm, resort hotel, Seaside Golf and so on.

During this period, Li Feng also took time to visit old general Zhang, who spent his old age in Hawaii. The old man was in a good mood and could go to church every day. It seems that he has completely converted to Jesus and the Lord.

After enjoying a brief Hawaiian style, Li Feng had to leave Lanai Island with Wang Siqing. After all, he has such a big business.

No, as soon as he returned to Los Angeles, Barry Diller came to the door with someone.

"Boss, I'm sorry to bother you on vacation with your family."

"Annie, it seems that you are beautiful again recently. It's a pity that you don't make your debut in Hollywood."

"Barry, Michael, when are you so polite? Sit down!"

“…”

After a brief greeting, Li Feng looked through the documents handed over from Barry and asked, "Barry, tell me about it. What's the general situation?"

"You asked me to pay attention to music companies before. After all, we are a media group and a content provider of film, television and music. Before, we developed the music market and acquired Elive records. At present, the effect is good.

Recently, the music recording industry has been restless. Now Polaroid, the world's largest record company, is facing the situation of being acquired. Sigram company of Canada is preparing to acquire Polaroid, and Philips and Siemens, the two major shareholders behind Polaroid, also have the intention to sell. "

Hearing Li Feng's question, Barry Diller directly talked about the general situation.

……

"Oh... That is to say, if we want to enter the record industry and become the world's top record company, then this is an opportunity, isn't it?" Li Feng said.

"Yes, it takes a lot of money to get the control of Polaroid from Siemens and Philips."

"Sigram, it's not the Canadian beer company that acquired globegroup next door. It seems that people have great ambition to enter the entertainment and media industry." Li Feng looked through the document and saw the general description of sigram company in the document. He immediately smiled and sighed.

"Hehe... About sigram company, I think it's more appropriate for Michael to tell you. He is the leader of sigram company into Hollywood." Hearing Li Feng's self exclamation, Barry Diller immediately smiled and joked back.

"Uh..."

Facing Li Feng's puzzled look and Barry Diller's joke, Michael owitz, a Hollywood tycoon who is now returning to CAA, immediately replied with embarrassment: "well... Globegroup was acquired by Panasonic in Japan under my needle in the 1980s, but everyone knows the situation later. Finally, in the early 1990s, I helped Panasonic contact sigram, which is interested in the media and entertainment industry, and then sigram acquired globegroup. "

"Oh... So, sigram and Michael are old friends." Li Feng also responded with a funny joke.

"Uh..."

"Ha ha..."

In the face of the jokes of his boss and the superiors of his parent company, Michael owitz, a Hollywood tycoon, was speechless for a while, which made Li Feng and others laugh.

……

"Boss, with the rise of the Internet, the two behind the scenes shareholders of Polaroid believe that the next is the era of digital music, and the long-term depression of the recording industry is inevitable. Therefore, Polaroid will be sold off, and only us are left except sigram."

Barry Diller added another explanation on the sale of Polaroid to let Li Feng know that although polaroid is now the largest record company in the world, there are not many suitors. After all, it requires a lot of money to buy, and the depression of records in the future is basically predictable. In fact, many media groups are not very interested.

"Yes, the future record depression is predictable, and the rise of digital music is inevitable. Then if we buy Polaroid, Barry, how are you going to adjust to meet the future record industry depression?"

"Boss, I think that the pure selling of records by record companies in the future is obviously outdated. With the development of the times, digital music may become the mainstream in the future, so record companies must follow and cater to the mainstream. Records may be depressed, but after all, record companies are the providers of music content.

As long as mankind still needs music, record companies always have new opportunities. For example, we can make our own music websites, provide digital music downloads, and provide copyright cooperation with all music websites on the Internet.

I think these are new revenue models in the new era. As long as we can provide stable high-quality music content, there will always be new markets waiting for us to explore. "

Listening to Barry Diller's long speech, Li Feng, a reborn person, laughed in his heart. Although Li Feng in the previous life was not an insider, he had always heard about the general situation. After all, it has become a fact that future records can't be sold.

But it is impossible to say that future record companies will not make money. As Barry said, as a provider of music content, record companies have no record sales, but in the new era, there will always be a new market, unless human society does not need the entertainment form of music.

Those singers don't still make a lot of money. Since even singers make money, it's unreasonable that the companies behind the scenes will not make money, but the form of making money has changed from mainly relying on record sales in the past to various new forms in the future, such as new income models such as digital music copyright.

……

"Do you know what step sigram has come into contact with Polaroid? Will it be too late for us to step in at this time?"

Li Feng is really interested in the record company. As a figure who aspires to become a global entertainment tycoon, how can there be less music in the media group? He has also acquired several record companies before, which is regarded as entering the industry. However, compared with global record companies such as Polaroid, the previous acquisitions can only be regarded as minor mischief.

"Boss, as far as I know, now they have just begun to contact." Michael owitz interjected and explained.

"Oh..."

"Yes, boss, we have another advantage. I heard that you are ready to withdraw from Yahoo shareholders, and I heard that Yahoo is also ready to launch digital music business. Can we think of a way from it?" Barry Diller added with a smile.

"Yahoo...?"

"Yes, if we buy it purely in cash or cash plus shares, we may not have an advantage over sigram. It's just that the two companies compete and Siemens and Philips benefit.

However, I believe Yahoo's two major companies will be interested. They don't think that the record companies will be depressed in the future and are optimistic about digital music. Then I think Yahoo, the leader of the global portal, should be interested.

After all, Yahoo is the facade of the Internet today. If they are interested in the development of digital music in the future, Yahoo is a very suitable choice. Besides, Yahoo's own share price is also flying. I think they have no reason to give up.

In this way, we have a huge advantage over sigram. "

……

"As you said, Yahoo's share price has been rising. If I change with others now, I won't lose my life." Li Feng replied angrily.

"Boss, I think Yahoo's share price will not rise one day. When do you think it is, and don't you think today's Yahoo is very abnormal? Yahoo doesn't make much money, but the market value of the share price is so high that I always feel unsafe.

I think boss, maybe it's for this reason that you want to withdraw from Yahoo? " Barry Diller thought about it and came back a little uncertain.

"Even if what you said is reasonable, at least now Yahoo is still open. How can it rise the head office for another year? At that time, the value of those shares will increase by at least one or two times."

"Since that's the case, let's step in for the time being, and then drag on during the negotiation. Wait until 99 years, and then look at Yahoo's share price. Anyway, such a large-scale acquisition can't be negotiated in a short time. It will take at least 3, 4 months or more."

"Eh... That's OK, Barry. You can talk about Yahoo as a chip, but you can trust it for a while and wait for Yahoo's share price to soar for me for a while. I think Philips and Siemens may be more jealous as Yahoo's shares continue to rise." After listening to Barry Diller's strategy, Li Feng couldn't help but move in his heart and immediately replied with a smile.

"In that line, the general plan is to delay first, so as not to be acquired by sigram company. Wait until 99 years later to see the situation of Yahoo, and then talk to them in detail."

"OK, that's it."

“…”