Chapter 489: new wave in hollywood

As a listed company, Disney must inform the public of its major business decisions and financial status in a timely manner.

On April 9, a heavy news detonated Hollywood!

Disney and Dunn Films announced that they have reached a strategic cooperation of as many as 6 major items and 23 minor items of many industrial contents!

1. Dunn Pictures transferred the copyright of the remaining 6 films in the "The Chronicles of Narnia" series, which are more in line with Disney's values, to Disney;

2. Disney will remake a series of its classic cartoons into live-action movies, and Dunn Pictures is obliged to assist in the investment, shooting and production;

3. Because Dunn Pictures has acquired Pixar, Disney chose Adult Beauty and gave up part of Pixar's rights;

4. The two sides will strengthen the cooperation of animation films and promote the friendship between Siliwood Animation Studio and Disney Animation Studio;

5. Disney's abc TV network will cooperate with Dick Clark TV production company, a subsidiary of Dunn Pictures, in the broadcast of reality shows;

6. The Marvel brand and other related peripheral products under Dunn Pictures will land in the Disney store and carry out retail business…

There is no need for Dunn Pictures to disclose the details of its business. The statement was issued by Disney. In terms of rhetoric, it naturally occupies a lot of "advantages".

According to Disney, they went with the flow and terminated the Disney-Pixar cooperation, but they got a lot of benefits for free, which is a huge harvest!

On the day the news was announced, Disney’s stock price rose 3.3% instantly, and its market value soared by $1.45 billion!

This is the biggest one-day increase in Disney's stock price since Disney acquired abc Group!

Great deal!

Michael Eisner successfully resolved the crisis of Pixar's termination, and through a wave of operations, successfully raised Disney's stock price, which made him high-spirited and enthusiastically wrote a letter to shareholders—

"In 1984, when I first came to Disney, the market value was only more than 2 billion US dollars. Today, 18 years later, Disney's market value has doubled 22 times! But we can't be complacent, we have to work hard, our management team, we have to continue One after another, we will make the magic kingdom of Disney better and stronger.”

"Because of the economic downturn in the general environment and the impact of terrorist attacks, Disney's stock price has been sluggish in the past two years. Fortunately, I sternly rejected Mr. Case and rejected AOL's merger and acquisition idea. Here, I thank you The patience and trust of our shareholders will allow me and the management team to lead this magic kingdom and move forward."

"However, Disney's frame-by-frame animation method in the past is outdated, expensive and lacks market; silly and sweet female entertainment comedy is no longer popular in the market. We were once lost, and our content production generated crisis, but now, we have finally solved the problem.”

"Tang En Pictures has a large number of excellent content teams, but suffers from a lack of channel supply. It just so happens that Disney has the most abundant channel resources in the world. "Wise and Brave" is a new type of reality show that will help abc compete against cbs; while animation The live-action remake of the film will also bring the glory of Disney's past to Hollywood again!"

"Disney's cartoon library is the hard work and mission of Mr. Walt Disney, and we have an obligation to let them carry forward, instead of being silent in the dust of history and becoming the memory of a generation of fans. Now, Disney and Dunn Pictures have launched a series of Strategic cooperation, those dusty cartoons will reappear!"

"Today, Disney announced the news of the cooperation between the two parties, and the stock price has risen gratifyingly. But I have to say, this is just the beginning, and a better tomorrow is waiting for us. We will start the project "The Chronicles of Narnia 2" immediately, and we will Working with Siliwood Animation Studios to advance the development of computer animation, we have the most talented, most driven, most creative, most talented and most pioneering people, and Disney Studios will soon return to glory... "

The letter was long and later mentioned his deputy, Robert Iger, as well as George Mitchell, co-chair of the management committee, and the Bass family, the majority shareholder, and directors Judith Esterling, John Bryson and others, thank them for their efforts and contributions to the company.

As for Roy Disney and others, there is no mention of it at all!

The excitement of Disney's stock price makes Michael Eisner fearless!

But Roy Disney has already given up, and Michael Eisner really gave Dunn the right to adapt those cartoons, and the share is as high as 55%!

Even if the stock price can be boosted in the short term, in his opinion, it is drinking poison to quench thirst!

Roy Disney is angry, he can't convince the board of directors, and he doesn't limit Michael Eisner's power, he only has feelings and only people's hearts!

Roy Disney made a very firm and decisive choice - resign!

Soon, Stanley Gold, his old comrade-in-arms, head of the Clover Company, Disney director, and co-chair of the Governing Membership Association, also announced his withdrawal.

Their goal is clear: remove Eisner and save Disney!



At the same time, Comcast also announced a blockbuster news, inviting Steve Burke to serve as the company's president and chief operating officer.

Who is Steve Burke?

Good friend of Roy Disney, former subordinate of Michael Eisner, former COO of Disney!

Outsiders may not be able to see.

But after Dunn saw the news, he soon had an association.

Comcast hasn't given up yet!

When an old Disney official took over Comcast, he was obviously eyeing Disney, or at least he had already started the layout of the content industry.

A new wave of Hollywood is already on the way.

Because of Dunn's appearance, the entire pattern of Hollywood is undergoing major changes.

Comcast's CEO Brian Roberts called Dunn with a bad tone, "Your cooperation with Disney is like a conspiracy."

Dunn hit back hard, "What is this? The capital market has given the best explanation, Disney's stock price is rising!"

Brian Roberts said solemnly: "Eisner has gone crazy. In order to consolidate his power, he has done everything he can. Your cooperation will make Disney completely lose the initiative!"

Dunn's tone was slightly sarcastic, "Brian, if I remember correctly, are you the head of Comcast? Have something to do with Disney?"

Brian Roberts paused.

Comcast has reached the limit of development in terms of TV operations. If the company wants to grow, it must find more profit points. The content industry is the next goal.

In his opinion, even if Comcast cannot acquire Disney in a short period of time, it can start business cooperation with Disney instead of giving good opportunities to Dunn Pictures.

Dunn said lightly: "Brian, don't forget, Comcast and Dunn Pictures are still partners. In the past few months... the number of sta users has dropped seriously, and you haven't given me a reasonable explanation. "

Brian Roberts gasped: "That's the lack of consistent quality content from the sta network!"

Tang En said rudely: "Content is content, and channels are channels. If the publisher doesn't work hard, the content side can't do anything!"

"Are you questioning Comcast's intention to hinder the development of sta?" Brian Roberts snorted coldly, "Dawn, you are wrong, I will never make any decision that is not in the interests of the company. "

"Maybe."

Dunn's feedback was bland.

In fact, the development of cable TV has always been restricted by operators.

The emergence of cable television in the 1980s was rooted in the emergence of cable technology. However, technical barriers and restrictions on operating licenses allow operators to firmly hold the initiative in the cable TV industry.

For example, now, the sta TV network under Dunn Pictures has been blocked by Comcast.

But Dunn is not worried about this.

First, although the number of users of sta TV network has declined, it still crushes hbo and sho. It is the largest professional cable TV network in the United States, with 4.8 million more users than hbo;

Second, Tang En will soon make another effort in the TV industry, spending huge sums of money to shoot popular TV dramas. Content guides traffic, and it is difficult for operators to get stuck.

Third, the exclusive operating contract between Comcast and Dunn will expire next year. More importantly, federal policy is changing!

In the 1990s, the Federal Communications Commission lifted the ban on financial integration and the shackles of monopoly clauses, leaving movie companies and TV networks without merger barriers.

Fox Pictures and Fox Television Networks, first merged to become Twentieth Century Fox; then Disney acquired abc, UU Reading Paramount and cbs merged.

Before that, the TV network had a monopoly clause restricting it: the TV network's prime-time programming, except for talk shows and current affairs news, could not be the network's own programming, and could only be purchased from outside.

This also gave birth to a syndicated market for TV shows.

However, after 1994, the ban was lifted, and the media group began a series of integration.

The reform of TV operation is also coming soon.

The federation realizes that too large operators are not conducive to the development of cable TV, and lowers the threshold of operation, allowing broadband operators to join in.

Broadband operators, when developing broadband networks, have laid a large number of optical fibers in major cities, which are more powerful signal transmission methods than cables!

The status of TV operators is no longer as sacred as it used to be.

Since then, the status of operators and content providers has been reversed.

Content providers completely dominate the market, and operators can only follow behind to drink soup.

The entire film and television entertainment market has also begun to truly transform from an era where channels are king to an era where content is king.

Now Dunn is very leisurely.

He doesn't want to get involved in Disney's internal disputes, let alone pay attention to Comcast's covetousness.

Anyway, he has already obtained the copyright of the adaptation he wants, let them make trouble!

Right now, he's just focusing on one thing.

"Singer" Tang En's identity and market feedback, what is it like?

Following the "stock god" the previous year, Tang En added another "writer" last year, and this year, he will be labeled "musician, singer" again.

He and Natalie sang "Just Want This", operated by Universal Music, and officially released to North America on April 15, at a price of 0.99 US dollars, a single record!

7

(Sanqi Chinese)