Terry Semel has long had an idea to leave Warner and join Yahoo!
The reason for the delay in leaving is that some conditions have not been negotiated.
It is estimated that the official resignation will take half a year to the spring of next year.
Now Terry Semel is still the top decision-maker at Warner Bros., and his professionalism requires him to stand on the last shift. While safeguarding the interests of Warner, a qualified successor must also be selected.
One is Barry Mayer, vice chairman of the board, and the other is president Alan Horn.
Alan Horn is an expert in content, and he has been the top head of Warner Bros.' film production business for the past few years, with strong business capabilities.
Barry Mayer is responsible for administrative management, including business development, channel establishment, etc., and he has a richer network of contacts.
Terry Semel prefers to hand over the position of the big boss to Barry Mayer, because Warner Bros. is not just a film production company. It also has family entertainment, TV production, dc comics and TV stations. It needs a more balanced ability. managers.
And in terms of friendship, Terry Semel and Barry Mayer have a better relationship.
The only problem is that Barry Mayer didn't run the filmmaking business, which is Warner Bros' core business.
It wasn't until the other day that Barry Mayer and Michael Ovitz met and came up with an extremely constructive approach to cooperation.
A platter of movies to invest in!
If everything can be achieved as Michael Ovitz said, the partnership in the last issue will be greatly resolved, and Warner's capital chain problem will be greatly resolved, providing the most favorable guarantee for the development of the film business.
Once this business is done, then Barry Mayer will be the perfect choice for successor!
Michael Eisner's proposal to carve up the Dunn Films is certainly attractive. But relatively speaking, it is more valuable to invest in a platter!
Dividing up Dunn Pictures, they only get a part of the film copyright, but for old studios such as Warner, Fox, and Universal, there will never be a shortage of creativity and copyright, and they care more about investment!
Only a giant like Disney, which has a very shallow foundation in the field of live-action movies, will be determined to win several copyrights of Dunn Pictures.
Terry Semel did not agree to Michael Eisner, but it was not false, and he would definitely choose a decision that was more in line with Warner. He called Barry Mayer and asked, "How likely is that event?"
From his serious expression, Barry Mayer understood what he was referring to, and thought for a moment, "At least 80%!"
"Oh?" So much? Terry Semel shines.
Barry Mayer nodded and said meaningfully: "Terry, we must look at Dunn with equal eyes, and even... look at him highly."
Terry Semel was a little moved and glanced at him, "You mean... Behind Michael Ovitz, is it really Dunn Walker?"
"I'm sure!" Barry Mayer's tone was very solemn, "The investment plan is so amazing, it doesn't look like Ovitz's style at all. Only Dunn, who has close ties with Wall Street and is proficient in business. Dunn, who is investing, can conceive of such a strategy."
Terry Semel pondered for a long time, nodded and said, "In any case, if the investment plan of the platter can be successfully implemented, the entire Hollywood should thank Dunn, but Disney..."
Barry Mayer waved his hand, "Dawn must have expected Disney's counterattack, so he came up with the investment plan!"
"If that's the case, then this kid really has foresight." Terry Semel took a breath, "but we can't just listen to their side, Michael Ovitz is too good at negotiating, we have to maintain a sober Mind. Or... prepare both hands."
When it comes to investing in a platter, it is best to succeed, and everyone is happy. Even if some companies have not been able to cooperate with Michael Ovitz in this regard, they will definitely embark on this path after seeing the benefits of platter investment.
But if the platter investment is to see flowers in the mist and a castle in the air, then they will not be polite.
Anyway, the wicked people who are to blame already have Disney, and they can participate with confidence and boldness, suppressing Dunn Pictures in an unprecedented manner, and dividing up the benefits.
In short, for these giants, it is definitely a good deal.
"There is only one problem now, that is to hold Disney!" Barry Mayer smiled, like an old fox, "As far as I know, Ovitz has gone to New York, and Dunn is also shooting movies in the East, It's very close to New York. Since they're really going to introduce a platter investment program to Hollywood, we have to create enough time for them."
Terry Semel said: "Of course, it is not only necessary to hold Disney, but also to take a moderate shot to solve some of the worries of Dunn Pictures. Compared with dividing up the little interests of Dunn Pictures, the investment plan is Hollywood. The twist of fate!"
Barry Mayer said: "At this stage, Disney will definitely do everything possible to encourage everyone to start with Tang En Pictures. We have the confidence to fear that some companies are short-sighted, relying on media giants, but only focus on immediate interests..."
He didn't make it clear, but Terry Semel knew that he was referring to Paramount, a subsidiary of Viacom Group!
Don't look at the tense relationship between Dunn Pictures and 20th Century Fox in the past, but at the juncture of this big right and wrong, Fox has absolutely no problem.
Murdoch is an Australian tycoon. The News Corporation in his hands is transferring assets from overseas to the United States, and has a very long-term macro layout.
The corresponding 20th Century Fox was also influenced by this idea.
Because companies also have character and are closely related to leaders.
And Viacom's Redstone is rude and short-sighted, which is also a common problem in family businesses. It can be seen in the refusal to cooperate with Dunn Pictures to develop a children's channel.
As a subsidiary of Viacom, Paramount really lacks the vision and strategic layout of a Hollywood giant.
When Viacom acquired Paramount, Paramount was the largest film company in Hollywood at that time, but after ten years, Paramount has long lost its glory.
In the previous life, Paramount created a "plattery investment", but Paramount actually thought of killing investors by wiping out movie profits through industry operation for a little profit , almost let Wall Street and Hollywood go to war, really no long-term vision. This directly led to the fact that after this, no more investment institutions were willing to reach a platter investment with Paramount, and the quality and quantity of films produced by Paramount plummeted.
In order to save the crisis in the film industry, Viacom urgently acquired DreamWorks and planned to join forces with Paramount to regroup.
Unfortunately, within a few years, Viacom and the shareholders of DreamWorks had a huge divergence of interests. DreamWorks broke away from the rule of Viacom and turned to Disney.
Viacom's conservative strategy has failed again and again, from a world-class media giant to a company with a market value of only more than 10 billion US dollars, which is ridiculous.
Over the years, Redstone's strategy of leading Viacom to acquire, reorganize, split, and sell is even more outrageous than Michael Eisner, Terry Semel said coldly: "In any case, it must be Give Tang En two full months! Within two months, no one will want to touch Tang En Films!"
Barry Mayer felt the same, "The core industry of Dunn Pictures is movies. The recently released "The Girl Who Moved Soul" has a good reputation, and many film critics have even shouted that it is a strong contender for next year's Oscar."
"In this case, we can help him!" Terry Semel paused for a moment, and suddenly thought of something, "By the way, I remember Dunn has been clamoring for suppressing Disney in the box office market?"
Barry Mayer laughed dumbly, "Yeah, Dunn... It's a young man after all, I can't hold my breath."
"Calm down? If he continues to be silent, Dunn Pictures will be finished!" Terry Semel's mouth curled slightly, "Let's wait and see, let's see how much storm a literary film in Dunn Pictures can create."
(Sanqi Chinese)