Chapter 507 Prospect
Messier's departure marks that Vivendi is not only facing a major change of senior management, but also a reorganization of the board of directors.
For the current Vivendi, the first step is to elect a new board of directors!
Then, through this board of directors, make the strategic decision that is most in line with the current situation, and then rely on this strategic decision to select a suitable CEO to lead Vivendi out of the predicament.
Because Vivendi's share price continued to fall, the choice of a new board of directors was imminent, and new news was announced after only two days.
Mr. Jean Fourto, a well-known business tycoon in France and chairman of the board of aventis pharmaceutical group, will become the new chairman of the board of Vivendi.
At the same time, Vivendi also appointed two new directors, including Claude Bibel, honorary chairman of AXA Insurance Group, who had been opposed to Messier in the past but was squeezed out. The leader who stepped down and re-engineered the company's strategy.
This wave of stormy operations is to restore the confidence of investors.
But this is clearly not enough!
After Messier steps down, he will face scrutiny from the judiciary and even face the risk of going to jail.
Investors are selling like crazy because the company has a high probability of going bankrupt.
Vivendi will continue to respond quickly without the new CEO accepting his fate.
On July 5, the new chairman of the board, Gene Furtu, announced a series of measures on behalf of the board in order to reverse the situation: immediately implement a restructuring plan, sell assets, and reduce debt.
And this series of measures will lead to the disintegration of Vivendi, a global media giant.
Gene Furto is 63 years old. He is different from the young Messier. He is from a traditional enterprise. Potential, sunrise industry.
Gene Furto's idea is clear: divest volatile assets and focus on the telecommunications industry!
The telecommunications industry is not as promising as the Internet and media industries, but its advantages are reliable returns and stable income.
On the same day, Hollywood's first imax film "Pirates Alliance: The Curse of the Black Pearl" was officially released in North America!
After a few days of film critics and publicity, the imax version has aroused strong curiosity and attraction in the hearts of movie fans. Just as Dunn expected, the 75 imax theaters in the United States are almost full!
Ordinary movie theaters have many screens and many screening halls, but imax theaters usually have only one imax screening hall. In this case, the imax screening hall is completely monopolized by "Pirate Alliance: The Curse of the Black Pearl".
The regular version costs $5.99 and the imax version costs $7.99, but even so, the imax version is still the first choice for fans to watch movies!
On this day, Friday, only the new movie "Pirates League: The Curse of the Black Pearl" was released in the United States.
However, two days ago, on July 3, Sony's "Men in Black 2" and Fox's "Little Devil Shoes" had been released, and some media believed that they might pose a threat to the box office of "Pirate League".
But the result?
"Pirates League: The Curse of the Black Pearl" grossed $36.5 million on its opening day.
This figure is not as good as half of the premiere day of "Spider-Man 2", but don't forget, this is an original project and the first in the series!
This kind of box office revenue is already amazing enough.
At least in the first week of its release, it has the potential to exceed $100 million at the North American box office!
It also indicates that the 140 million US dollars invested in the film is likely to be recovered through the North American box office.
For the commercial production of Dunn Pictures, it may not be a big deal, but looking at the whole Hollywood, such box office results are good enough.
In particular, the income of imax theaters is very gratifying.
On that day, the imax version of "Pirates League: The Curse of the Black Pearl" was screened for a total of 412 games, with an average audience of 218 people, and the total box office was close to $720,000!
Although the conversion cost and copying cost of the imax version of the film are high, the first-day box office results from the imax theater are gratifying enough.
If this can last for 10 days, it pays for itself!
Although in terms of cost performance, the current imax version of the movie is not as good as the ordinary version, but the businessman's eyes are sharp. As soon as the data on the first day is taken out, the cinema chain and Hollywood distributors can definitely see the potential of imax movies.
Moreover, this is only the first imax film, and the transformation technology and cost control of dmr are the first time.
With the development of time and the maturity of the business, the cost of dmr conversion and film copying will become lower and lower.
The future is bright!
It can be said that "Pirate Alliance: The Curse of the Black Pearl" is the first shot for the promotion of the imax version of the movie!
On July 6, Saturday, Dunn came to the company rarely.
In normal times, he prefers to date all kinds of beautiful girls on weekends, or attend all kinds of Hollywood parties and relax, which is definitely a great pleasure.
But now is a special period, Dunn is also serious.
As for high-level executives such as Bill McNick and West Cotton, not to mention, they usually have no more than ten days off a year!
The two-day weekend system is only applicable to the bottom-level employees and senior managers, and there is no concept of rest at all.
On the one hand, it is their sense of responsibility, professionalism and enthusiasm for work, and on the other hand, it is also related to salary.
Bill McNick, for example, has a salary of about $15 million a year, of which the base salary is $5 million and the remaining $10 million is performance benefits.
The more you work, the more you can earn!
Like the chairman and CEO of DreamWorks, Jeffrey Katzenberg, he only sleeps 4 hours a day and works more than 18 hours a day, which is almost crazy.
"The negotiating team can take action. In two months, we will win Universal!" Dunn held a meeting with several executives in the office.
Brandi Norris said: "I contacted Goldman Sachs, Citigroup, and Lehman Brothers half a month ago, and they will jointly undertake our acquisition..."
Dunn suddenly said: "Our goal is to acquire the three companies of Universal Pictures, Universal Music and Blizzard Games, but I heard... Vivendi is likely to package the usa TV network and Universal Pictures, we must have a plan ."
Brandi Norris froze, "Then we accept?"
Dunn said firmly: "No matter what, we must win Universal Pictures, Universal Music and Blizzard Games. No matter how big the obstacle is, we must face it!"
Tosca Musk said: "As far as the prospects of several sectors of the Vivendi Entertainment Department are concerned, the worst is definitely Universal Music. With the rise of the Internet, the record industry has been declining; secondly, Houghton Mifflin Publishing companies, even if this is the third largest publishing company in the world, but the market of the entire publishing industry is declining; then there are Blizzard games, the founders of Blizzard... It's a headache, Vivendi thought about three years. In the past, relying on Blizzard, surpassing ea and becoming the world's largest game company But Blizzard's games repeatedly bounced, and Vivendi's management fired several managers of Northern Blizzard, and also It's not getting any better."
Blizzard is very famous, and the "Diablo" and "Warcraft" are very classic games.
But Blizzard's management, that is, the founders, are very artistic. Obviously, the game can be launched on time, but they can always be delayed due to a few small flaws.
This has led to problems with Blizzard's reputation and delayed Vivendi's overall strategic layout.
Of course, there are advantages to disadvantages.
Blizzard's spirit of excellence can make Blizzard's games outstanding.
Dunn frowned, "Mifflin Publishing Company? I have no interest in the publishing business!"
Bill McNick said: "Negotiation skills must be exquisite. In this era, almost no one is willing to take over the music company, Vivendi must want to throw away this hot potato, and we have to take advantage of this."
Through the mentality of Vivendi's eagerness to sell Universal Music, the negotiating weight is obtained.
At this time, Dunn Pictures must not show excessive desire for Universal Music.
Dunn nodded, "Bill, Brandi, you all have rich experience in mergers and acquisitions, this time the negotiation work will be handed over to you. My request... You all know that it doesn't matter if you spend more money, you must Get what we want!"
Tosca Musk asked: "Vivendi also has some online properties, such as the mp3 website, and the e-commerce website of the Sony joint venture."
"No." Tang En refused immediately, paused, and added, "I would rather buy a publishing house than these tattered Internet assets!"
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Chapter 507 Prospect