Dunn took the lead in proposing the "equal pay for equal work" policy in Hollywood, which had a huge social impact.
Actually, this is a better solution.
Raising wages for female staff or actresses will not affect the overall situation.
This is far less than a strike, which will cause less damage to major companies.
However, there is another profound meaning behind equal pay for equal work.
It's discrimination against women.
Generally speaking, there are far more male executives than female executives in a company!
Even in a company like Victoria's Secret, which focuses on women's underwear, the most powerful management and the most influential designers... are all men.
With Dunn's investigation no longer, and leaving cbs, the sexual assault incident of Les Moonves seems to have passed like a gust of wind.
However, feminists are actively promoting another thing, which is to call on major companies to increase the number of female executives in accordance with the quota!
This is the same as many universities, which require targeted recruitment of black professors and students.
This is the "democratic power" that black people have worked tirelessly for decades.
As a result, the better and better yellow-skinned people were limited by the quota.
Whether it is Japanese, Korean, or Indian or Chinese, it seems that they are all adopting a "no world and no competition" way of life.
In fact, whether in the United States or Canada, when parents choose a school for their children, they usually don’t need to investigate the school’s teacher background, enrollment rate, etc.
If there are more black students in the school, the school will not be very good, it will be dirty and messy; if there are more Asian students, this is a good school, and the style of study will be very positive.
Is this racism?
in the eyes of black people.
But the fact is, black people are more lazy and more rambunctious, and yellow people are more diligent and hard-working.
The same is true of women's rights.
There are more men than women in the management of major companies. Is this discriminatory against women? Not really.
The physiological mechanism of men determines that they will be more rational, more suitable for making major decisions, and more suitable for bearing huge mental pressure.
Of course, feminists can do whatever they want, it has nothing to do with New Universal anyway.
In 2004, the first thing New Universal did was to recruit a new executive - Carol Melton (also translated as Carol Melton).
This is a woman.
With Mel Kamarcin leaving Viacom, many of his old team are also leaving, and Carol Melton is one of them.
Barry Diller poached her as vice president of the new Universal Group, overseeing global public policy and creating the Office of Government Relations. She just wanted to use her affinity as a woman to establish good relations with governments of various countries.
Dunn has already said that this year, New Universal will focus on promoting the development of tourism and vacation business.
The income gap between Universal Studios and Disneyland is too big.
In this process, coordination with the government is particularly important.
However, Carol Melton joined New Universal, which made Time Warner very upset.
Because Time Warner is also working hard to invite her to join as a group vice president.
You know, Carol Melton worked at Time Warner back then!
There is incense!
Ted Turner was very dissatisfied with Dunn's actions, but this time... he was cut off by Dunn again and took away the people Time Warner favored.
How can you bear it?
In the front, Ted Turner was still putting pressure on Dunn, wanting him to share some of the benefits, and everyone who had money could make it together; as soon as he turned around, Dunn slapped him hard.
Too much!
...
Listed companies must disclose their accounting information to the whole society in a timely manner.
In Dunn's hand, he was holding a Disney year-end report.
Film and Television Entertainment Department: turnover of 2.47 billion US dollars, net profit of 210 million US dollars;
Television and Media Department: Turnover of US$13.73 billion and net profit of US$1.47 billion;
Tourism and Holiday Department: turnover of US$6.41 billion, net profit of US$950 million;
Consumer Goods Division: Turnover of US$1.97 billion and net profit of US$340 million.
In 2003, the total revenue was 24.58 billion US dollars, and the net profit was 2.97 billion US dollars!
You must know that in the past year, the total revenue of the new global group is 24.18 billion US dollars, and the net profit is only 3.64 billion US dollars.
When this report came out, it really shocked Tang En for a long time.
He originally thought that New Universal had already surpassed Disney, and that Michael Eisner... was his own little brother.
However, Disney's total revenue last year was $400 million higher than that of New Universal!
Net profit ... is only $670 million less.
This is because Disney has a lot of debt, $23 billion in debt, and the annual interest Disney needs to repay is $700-800 million more than New Universal.
In this way, the profitability of the two companies... seems to be similar!
This makes Dunn unbalanced.
New Universal and Disney now have a very good relationship and are strategic partners.
However, Tang En, who is familiar with history, knows that there can only be one position for the eldest brother!
The strong and weak are obvious, and the strong have the dominant power to maintain the balance of the alliance, such as the Sun Liu Alliance in the Three Kingdoms period. The strength is comparable, and they all want to compete for the boss, and it will be a matter of time to start a sword.
"No, we must lead Disney in an all-round way! Further gain the dominance of strategic cooperation!"
Dunn clenched his fists and made up his mind secretly.
The revolution has not yet succeeded, comrades still need to work hard!
Needless to say, the film and television entertainment department, New Universal can crush Disney.
There is no need to compare the TV and media department. The abc, espn and Disney channels owned by Disney are all trump cards in the TV industry, and it is difficult to surpass them in the short term.
The most important thing is tourism and consumer goods, two businesses!
Disney has divided these two businesses into two divisions, while New Universal is integrated into the travel and vacation and consumer goods division.
Disney's travel and vacation business, with annual revenue of $6.41 billion; New Universal's travel and vacation business, with annual revenue of $1.65 billion;
Disney's consumer products business, with annual revenue of $1.97 billion; New Universal's consumer products business, with annual revenue of $1.27 billion.
The travel and vacation business is easy to understand, and Disneyland is the giant of the theme park space.
Universal Studios' new "Harry Potter Park" in Orlando and the new "Spider-Man Park" in Osaka have not yet been completed. They can only rely on the old foundation to compete with Disney, which will naturally be crushed.
The consumer goods business is weird...
Consumer goods business mainly refers to the realization of derivatives of related intellectual property rights such as TV and movies, such as related greeting cards, pendants, toys, clothing and so on.
Dunn originally thought that in this business, New Universal would steadily crush Disney!
After all, New Universal now has two major consumer goods, Marvel and Pixar!
Only one Pixar animation "Finding Nemo", the income of peripheral derivatives, there is 730 million US dollars!
The annual revenue of New Universal's consumer goods business is only $1.27 billion, is that so little?
"Boss, the sales of 730 million US dollars are third-party sales data, and we do not have direct sales channels. After the funds have been changed hands and costs have been removed, in our hands, only 420 million US dollars are left. "
Andrew Mooney, the head of the consumer goods business, is explaining carefully to Dunn.
Dunn blinked, "If that's the case, our profit margin should be very high."
Andrew Mooney said: "That's not the case. In fact, the styles of the products are designed by our own design department, and then authorized to be produced and sold by a third party. And the promotion and publicity costs of the products are also paid by us. The taxation of consumer goods business is also much heavier than that of film and television business. In fact, our consumer goods business has a revenue of US$1.27 billion and a net profit of US$290 million, which is already very high.”
"High?"
Dunn's expression is a little weird.
Andrew Mooney said: "Disney has Disney Stores, and these are all heavy assets. In the past ten years, Disney has spent at least $2 billion to promote Disney Stores around the world to become the leader in the consumer goods business today. Compared with Disney, our investment-output ratio is too much cost-effective.”
Tang En curled his lips, very disbelieving, "Listen to you, our consumer goods business...is better than Disney?"
Andrew Mooney quickly explained: "In terms of channel breadth and vertical management Of course we can't compare with Disney. Fortunately, our film and television business is much better than Disney's! Disney's consumer goods The business is living on its own, supported by cartoons accumulated over decades, supported by Mickey Mouse, Donald Duck, Winnie the Pooh and the princesses. From this aspect, we have a greater advantage.”
He used to be the head of Disney's consumer products business, and he knows the situation at Disney.
Dunn nodded and asked, "If Marvel and Pixar are assets of Disney, then the development and sales of derivatives will not be only $1.27 billion, right?"
Andrew Mooney sighed, "This is also impossible. In terms of revenue, New Universal and Disney are almost the same, but in terms of brand value, there is still a huge gap. Disney's brand value exceeds 50 billion US dollars, And New Universal ... is only $20 billion."
"When Finding Nemo came out, kids went to the Disney store to buy toys. If that's normal, then when users bought products related to "Bone Treasure", they went to the Disney store too. , that's pretty obvious."
"In terms of sales of film and television derivatives, even if our partners are Carrefour and Wal-Mart, they can't compare to Disney stores. Disney's influence on children for decades is far from the New Universal Group."
Dunn's eyes narrowed slightly, "Then do you think it is necessary for us to open a chain of new Universal stores?"
"Ah?" Andrew Mooney froze for a moment and blurted out without thinking, "No need!"
"unnecessary?"
"unnecessary!"
Andrew Mooney's answer is very firm.
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(Sanqi Chinese)