Chapter 365： Gambling Agreement

Jack Welch shook his head and admonished: "Dawn, it's good for young people to be aggressive, but they can't be arrogant! Redstone...is old, but his life experience is the greatest wealth. If you If you dare to underestimate such a person, you will definitely suffer a big loss.”

Tang En smiled, "I didn't underestimate him... Well, in fact, I really didn't think much of him for a while, but after your enlightenment, my thinking has changed. But it doesn't matter, I have it in my hands. ... There are still some resources that can be called, send Mr. Redstone and let him spare the sta TV network."

Jack Welch was angry and funny, "It's not a long-term solution to solve a temporary crisis! When he feels your threat, a small kindness is useless!"

Viacom Group has the largest cable network in the United States, and of course, if Disney completes the integration of the newly acquired Fox family entertainment channel, the market share will be higher.

But in front of Dunn Pictures, Viacom is the Big Mac!

When Jack Welch was at the helm of General Electric, he acquired the nbc radio and television station, and he knew a little about the television field. In his opinion, it is impossible for a TV network to grow and develop without ten years of work!

Fox TV network relies on the powerful backer of News Corp. It has developed for 20 years, and its market share is only about 15%, which is incomparable with the traditional cbs, nbc and abc.

This is an industry determined by time accumulation and user habits.

Even if Dunn could use some small means to delay Redstone's decision to suppress him. But it can be saved for a while, but not for a lifetime. In the long development process of the sta TV network, Viacom's suppression will come sooner or later!

At that time, the sky will fall apart!

All efforts will be turned into water.

Tang En obviously didn't think so, his face was full of himself, and he said with a smile: "Mr. Welch, in my opinion... It's enough to solve the crisis for a while!"

"Huh?" Jack Welch frowned. "Can you break Viacom's monopoly?"

"No, no, no!" Dunn waved his hand immediately, "Viacom is a giant, with a strength that cannot be shaken in a short period of time. But Viacom's TV networks are mainly basic cable networks. Weil Mr. Qi, I don't know if you can understand when I say this, sta TV network is a professional cable TV network, and in this regard, Viacom is the only one, its strength is very strong, but it is not omnipotent."

Professional cable TV stations are new products. In addition to operating fees, they also require additional subscription fees, which are higher, and require a special encryption box to transmit content.

Jack Welch said: "I know, hbo and sho. But those two TV stations are backed by large media groups and have more and richer content sources. After decades of development, you can be in a short period of time. Occupy this market?"

Dunn paused and smiled: "Mr. Welch, in the traditional TV field, the main way to make money is advertising, but professional cable TV stations do not broadcast advertisements! That is to say, professional cable TV stations and the three major public TV stations in the past. It is a completely different business model and operation concept from nearly a thousand basic cable TV stations.”

Jack Welch narrowed his eyes slightly, watching the young man sitting across from him chatting freely, showing some of his self-confidence.

When he was 30 years old, he once tried to persuade General Electric to invest 10 million US dollars to establish a Norrell plastics factory, and he proposed himself as the director of the factory.

Since then, the road to dominate General Electric has been opened.

Now it seems that the hard work, sharpness, and self-confidence that Dunn showed on his body was more than that.

It is no wonder that he has achieved such great success in just a few years, and his charisma is particularly prominent.

Tang Endao: "Professional cable TV stations, in my opinion, there is no difference between the business model and the film market, there is only one concept - content is king! The promotion of "Pearl Harbor" is so fierce, but lack of content, it can only fall. Last year At the time, Dunn Pictures once fell into bankruptcy, but a "Spider-Man" made Dunn Pictures the seventh giant after the six Hollywood giants! Content is my trump card!"

Jack Welch shook his head amusingly, "You mean "Band of Brothers"?"

Now, the whole United States knows that Steven Spielberg, Dunn Walker, Tom Hanks, three Hollywood gods, jointly spent 120 million US dollars to shoot a mini-series about World War II, with great influence Not small.

Dunn didn't deny it, "The current starz TV station is broadcasting our self-made drama "Six Feet Under", and the next one is "Band of Brothers"."

Jack Welch said disapprovingly: "With just one or two TV series, can you change the landscape of professional cable TV? Dunn, you are just out of your imagination."

"Haha! Mr. Welch, you specialize in the art industry. You are an expert in management, but in the field of content, I am an expert." Dunn's tone was a little flamboyant.

Jack Welch frowned, a little displeased.

Dunn said: "Mr. Welch, traditional industries, or manufacturing fields, maybe as you said, the development of enterprises has to race against time. However, in the field of movies and professional cable TV, sometimes accumulation is not needed at all. It’s the same thing as an overnight star. "Spider-Man" made Tang En Pictures popular overnight, and "Band of Brothers" also made the sta TV network a god!"

Jack Welch shook his head again and again. As a traditional businessman, he seems to be a Hollywood acting school. He admires the accumulation of time and cannot accept overnight stars. "Don, you are too confident!"

Tang En said lightly: "Confidence comes from strength! Tang En Pictures has "Spider-Man" and "Unsinkable", which solved a big problem for me, "Six Feet Under" and "Band of Brothers" are sta TV network The Conferred God Step."

Jack Welch smiled, "So... in your opinion, as long as you stabilize Redstone and let him not do anything to you in the next few months, you will have the confidence to overturn the TV station and become a professional cable TV in one fell swoop. Oligarchs in the field?"

"That's right!"

Dunn's self-confidence, Jack Welch praised, but the concept is too different.

Taking a deep breath, Jack Welch said with a smile: "After retiring from General Electric, I plan to start an MBA study class. In addition, I will also open a Jack Welch consulting company and find a few companies. Cooperation, you are very famous, so I followed you early."

Tang En's face changed, "I knew this earlier, I just followed your wishes, what a great opportunity!"

If you can cooperate with Jack Welch Consulting Company, it is equivalent to having Jack Welch as an economic consultant for Dunn Films.

There is an old family if there is a treasure!

Jack Welch's management experience and talent will be of great help to Dunn's company.

"Don't worry about it." Jack Welch waved his hand, "Well, let's see the results. If the development of the sta TV network is really as you said, two TV series alone can break the TV network. After decades of business structure, I will go to your company as a consultant. Of course, if you don't dislike me as an old man. "

"how come?"

Dunn's eyes widened immediately, his excitement was beyond words.

This is definitely a huge surprise!

Although Jack Welch is not a Hollywood person, his business management and strategic thinking have something in common. Moreover, Jack Welch is very famous and has a wealth of connections. He is a treasure!

More importantly, consultants are repelled by their professional peers.

With Jack Welch coming to Dunn as a consultant, he couldn't possibly advise potential competitors like Disney, News Corp, Viacom, and Comcast.

In other words, in the media field, Dunn will be the only supporter of Jack Welch!

And Dunn will sooner or later enter the public television station, cbs is owned by Viacom, abc is owned by Disney, the three major public television networks in the United States only have GE's nbc!

With Jack Welch's connections and influence at GE, isn't this acquisition a snap?

There are so many benefits!

Dunn stood up, held Jack Welch's hand in both hands, and said excitedly: "Mr. Welch, I am very grateful for your appreciation, we can definitely establish a very pleasant cooperation experience!"

"Wait! I haven't agreed yet. This is a gambling agreement."

"On gambling?"

Tang En laughed loudly, "You are sure to lose!"

(Sanqi Chinese)