Chapter 423: Territory ends

Dunn disapproved of Jer Welch's statement.

It seems that the success of the sta TV network has still not made this old guy realize the correctness of "content is king". In addition to having a complete distribution channel, Universal Pictures has more than 1,500 film rights and rich Hollywood resources, which are all wealth!

"Mr. Welch, if you think the success of the sta TV network is accidental, what about the dispute between Disney and Time Warner last year? If it weren't for the strong appeal of "Who Can Be a Millionaire", maybe Time Warner has cut off Disney's TV network."

Dunn is talking about an old news that made a sensation in the United States last year.

In the beginning, the target of aol AOL's merger was Disney, but Michael Eisner believed that AOL's stock was inflated waste paper, and there were many sarcasm in his words.

As a result, AOL chose to merge with Time Warner's Century of the Century, involving an amount of up to 165 billion US dollars!

Time Warner exchanged real assets for AOL's stock. Ted Turner, the major shareholder of Time Warner at the time, also stated to the New York Times in a high-profile manner: "The excitement of this merger is no less than the first time I had sex/love 42 years ago!"

became a temporary sight.

Michael Eisner panicked at that time, because Disney and AOL's bad relationship would affect the cooperation between Disney's TV network and Time Warner!

Disney's television network covers the United States, and because of antitrust provisions, it is impossible for any one TV operator to operate Disney's vast network alone.

There are few sta users, and it is far from touching the anti-monopoly provisions, so it can be exclusively licensed to Comcast to operate. Because of the exclusive authorization, the operating fee will be lower.

Disney's abc TV network must be divided into several sections and handed over to most TV operators, including Time Warner Cable.

The development of things, as expected by Michael Eisner, directly cut off the abc TV network by Time Warner, resulting in 3.5 million home users in the United States, unable to watch Disney's programs through Time Warner's operating services.

This directly caused Disney's stock price to plummet and its image to suffer.

Disney, on the other hand, expressed its willingness to change the TV operator for these users, from Time Warner to Comcast or directv, but the effect was not good.

But the result?

Disney's ace show, Who Can Be a Millionaire, has a celebrity quiz series!

Due to the competition between the two major companies, home users were unable to watch such a phenomenal variety show, and launched various protests, including the participation of many congressmen's children, which immediately attracted high-level attention.

In the end, Time Warner could only make a compromise and accepted more than 30 "unequal treaties" from Disney, and Michael Eisner's prestige was able to stand firm and dominate Hollywood under the repeated blows of Dunn!

Time Warner's CEO Richard Parsons also issued a public apology, claiming: "No company in the world has a PR department that can beat a show like Millionaire."

That's the power of content!

A phenomenal variety show that almost saved Disney.

How much content does Universal Pictures have?

Is it small?

In Dunn's view, Jack Welch still does not understand the core of the entertainment industry.

Jack Welch waved his hand and said in a mellow voice, "You misunderstood, I'm not talking about content, or even business. I said it, this is a grand topic, and I'm talking about the pattern."

"pattern?"

"In other words, it can also be said to be a goal!"

Tang En immediately showed an expression of sudden realization and understood what he meant.

Jack Welch is worried.

Dunn's current net worth, 15 billion US dollars can't stop it at all!

Put it on the Forbes list, at least in the top 15!

Such a large amount of wealth, if Tang En squandered, it would not be spent in several lifetimes.

If this huge amount of wealth is placed on the old guy who has struggled all his life, it may not cause much sensation, but Tang En is too young, he is only 23 years old, and his future is full of infinite possibilities!

At the same time, it is also full of uncertainty.

An old man who has experienced vicissitudes and hardships may be able to control this large amount of wealth, but a young man with obviously insufficient experience and experience, with such wealth, is likely to quickly fall into loss.

Even though Dunn was a human being, after cashing in huge fortunes from the stock market, he was once confused and lacked enough attention to his own movie "A Beautiful Mind".

There is still a purpose in life!

If there is no goal and lack of motivation, you will be intoxicated and completely lost.

Jack Welch, that's what we should be talking about.

Tang En was silent for a moment, and his voice was as gentle as jade, "Actually, my goal has never changed. I want to become the master of Hollywood!"

"Um?"

"In 1996, I was just a very humble assistant on the crew. Later... I was lucky and founded Dunn Pictures, which launched "My Big Greek Wedding", "Wedding Cracker" and "Spider" "Xia", the limelight was the same, and even overshadowed many movie giants."

Dunn recalled slowly, with a bit of struggle flashing in his eyes, "You may have heard that I had a big conflict with Disney. But you must not know that Disney is only a small part of the surface. "

"Twentieth Century Fox is cracking down on me; Time Warner's media is inciting my bankruptcy speech, trying to get the rights to "Harry Potter"; Universal Pictures is my partner, but it is also promoting "Spider-Man" sometimes If I keep it, I have to pay for the promotion myself; Columbia Pictures took advantage of the situation to forcefully buy Marvel’s hero copyrights, and Paramount is eyeing my animation studio…”

Tang En never mentioned this paragraph to anyone else. At that time, he was under too much pressure. On the surface, it was Disney's ban, but behind the scenes, how many upheavals were there?

This is the first time he has revealed his heart, "At that time, everyone thought that I was a reckless, flamboyant, nonsense boy who dared to start a war with Disney. Humph! If I don't start a war, I am afraid that Tang En Pictures will really become the first Two DreamWorks! You may die if you start a war, but if you don’t fight, you can only survive! I don’t want to mess with it, I want to use both hands to find a way to survive the siege!”

"Fortunately, my strategy was right."

"I put on a disguise, pretended not to understand the situation, and confronted Disney head-on. Facing the other five giants, I showed goodwill, and contacted Michael Ovitz, came up with a 'platter investment' plan, and won over people. Direct all the firepower to Disney. As you can see, Disney can make Time Warner bow its head with "Millionaire", and I can turn over completely with "Spider-Man"!"

Jack Welch nodded. At that time, he always saw similar remarks in the newspapers, satirizing Dunn as a reckless, stupid, arrogant, arrogant fool.

But the brief contact made Jack Welch realize that this kid's maturity and mind are far beyond his peers.

Tang En's remarks made him truly understand the complicated and confusing situation at that time.

"So... you want to dominate Hollywood and let those **** who bullied you openly and secretly kneel at your feet?" Jack Welch looked at Dunn with a smile, his eyes full of admiration.

Dunn shook his head with a cold look on his face: "There is no right or wrong in the competition for each of them. Warner, Sony, Paramount, including Universal Pictures, I don't hold any grudges, and I even had a fight with 20th Century Fox. The series cooperation. But I have a blacklist, those who fall into trouble when I am in danger, but also humiliate me, don’t even think about it!”

When Jack Welch was young, there was a serious bureaucracy within GE, and the phenomenon of seniority ranking was serious, and he suffered a lot of injustice.

After he took office, the first strategy launched was layoffs, euphemistically called: reform style.

All the guys who suppressed him, bullied him, and played tricks on his head back then were all fired!

So Jack Welch can understand Dunn's idea very well and asked: "So... your goal is power?"

Tang En admitted it generously, and said eloquently: "Through the ages What are men's pursuits? Wealth, power and beauty! I have enough wealth, beauty...I don't lack, I am the most beautiful right now. What it lacks is power! Humph, do you know Kirk Douglas? A twenty-year-old immortal who dares to challenge me!"

Jack Welch shook his head amusingly, "Anyway, having a goal is a good thing, but don't forget, power is endless."

Tang En thought for a while and said, "I may invest in some companies, but I won't participate in them, it's just investment. My career map will be limited to the framework of the media field."

Jack Welch looked at Dunn deeply, his eyes full of admiration.

It is very difficult for a young man worth more than 15 billion US dollars to have a clear mind, not to be arrogant or impetuous, but also to have pursuits and ideals, without empty talk and delusions.

More importantly, he understands that the territory has an end point!

It's like the mighty Napoleon, who thought that invincible, boundless expansion would sooner or later encounter Waterloo.

There has never been a victorious general.

The premise of being invincible is not endless progress, but turning around in moderation, eliminating all new forces that may surpass oneself in the field behind you, and becoming the master of this field!

Tang En was able to clearly recognize this at a young age, which was commendable.

"Your goal is power, I've already made it clear." Jack Welch nodded with a smile on his lips, "Then what about Dunn Pictures' goal? It won't be the acquisition of Universal Pictures, right?"

Tang En smiled heartily, "Of course, Universal Pictures is just the first step, and there will be bigger acquisitions in the future, such as the nbc TV network that you liked back then. I'm very interested."

Jack Welch shook his head. "Not enough, not enough!"

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(Sanqi Chinese)