Chapter 1428

Simon arrived at danilis studios in the morning. The first thing he paid attention to was not today's four opening films, but blockbuster.

After months of tugging, this morning on the east coast of the United States, the Federal Department of justice finally officially approved the overall acquisition of blockbuster by danilis entertainment, announcing that danilis has once again completed the complete layout of another important business.

Continuous news speculation, deliberate repression on the side of the Westeros system, and the Republican Party's abandonment of the practice of taking this matter, the news was released. In addition to some inevitable tangled feelings in the industry, there were basically no splashes.

The next step is to sign the M & a agreement.

Others, because in advance is already the largest shareholder controlling the company, the subsequent cumbersome details in similar mergers and acquisitions can be omitted.

Of course, it's not doing nothing.

Simon held a small meeting with Nancy Brill, who is responsible for this part of the business in the morning, mainly discussing blockbuster's follow-up development strategy. The first is to further online and speed up the business layout of DVD mail leasing. Then, we will continue to optimize blockbuster's online and offline management system and always pursue higher efficiency and lower cost.

In Simon's view, the reason why blockbuster once declined rapidly in the late 1990s is not that it refused to keep pace with the times and carry out online business. The key is that blockbuster is bloated and inefficient in terms of management and service. As a result, it is the world's largest video rental chain, Not only did it not provide users with better services and lower prices because of its scale effect, but on the contrary, the high price did not bring enough profits to blockbuster, but fell into continuous losses, and even had to rely on overdue fines to maintain cash flow.

It is unreasonable for such enterprises not to decline.

Simon cut off blockbuster from paramount. From the beginning, he made it clear that blockbuster is also a retail chain enterprise. The goal of blockbuster should be Wal Mart.

The key reason why Wal Mart can still maintain the throne of the world's largest supermarket chain in the era of vigorous development of e-commerce 20 years later is the ultimate pursuit of efficiency, cost and service.

Similarly, for blockbuster, although Simon tends to be online, he has not relaxed his attention to physical stores.

Because of the strategy initially formulated by Simon and the efficient execution team led by Nancy, blockbuster not only won the favor of users for high-quality service and low price, but also maintained a profit level significantly higher than that of its peers, both in physical business and online leasing.

Therefore, according to the current trend, blockbuster's physical business will not be a problem for another ten years.

On the other hand, just as Wal Mart and Amazon can coexist well, Simon's goal is to achieve long-term and rapid growth of online business on the basis of the continuous existence of blockbuster's physical business.

This goal seems contradictory, but it is actually very simple.

Since other competitors and film companies were willing to release, the original expansion plan naturally stopped. However, what blockbuster needs to do next is to nibble. Offline stores continue to nibble at the physical business that will inevitably shrink with the development of online leasing. Eventually, there is likely to be only one blockbuster. While the online business continues to grow, nibbling at the market share of other physical leasing.

Perhaps ten years later, when physical leasing completely loses its competitiveness, blockbuster's online began to erode its offline, which is the time to end physical leasing and turn from online leasing to streaming media.

That is another industrial change.

Moreover, the measure of all this is actually very simple, profit.

For business behavior, profit is fundamental, and a business that does not make money is bound to be difficult to last long. If the efficiency is extreme and the physical stores still don't make money, it's time to give up. Similarly, when online mail leasing does not make money, it is time to completely turn to streaming media.

In addition to blockbuster, there is another thing from Asia that has attracted Simon's attention today.

The won appreciated.

Simon and Chen Qing finalized the strategy during a video call in Seoul. They acted quickly there. In the past week, several Wall Street financial giants such as cersei, Citigroup and Goldman Sachs have thrown out a series of analysis reports such as "strong economic recovery in South Korea", "recovery of imports and exports in South Korea beyond expectations" and "the exchange rate of the won deviates from the fundamentals of the South Korean economy".

After this foreshadowing, during the day in Asia, cersei capital, quantum fund and other teams joined forces and began to operate in the three major markets of Korean stocks, bonds and foreign exchange, using more than $5 billion at one time, resulting in a sharp rise in the Korean financial market, and even driving the rise of the entire Asian financial market.

By the end of the afternoon local time, Simon's most concerned exchange rate of the won against the US dollar had soared from 1634:1 before the opening today to 1576:1. After nearly a year, it returned to the 1500 range, with a one-day increase of 3.6%. The foreign exchange market is different from the stock market. Under normal circumstances, the daily rise and fall of currency is one thousandth or even one thousandth of the level. The single day rise of won exceeds 1%, or even as high as 3.6%, which is obviously abnormal.

Therefore, it was not just the South Korean side that was agitated for a time. Simon had a video call with Chen Qing in Hong Kong in the afternoon, and a girl had to take the initiative to admit her mistake.

This operation is a little too much.

Moreover, in fact, it's not a strategic mistake here. The team there just didn't expect that it was probably due to the continuous blowing a few days ago. Today's wave of operation attracted more follow-up capital than expected.

After all, Simon's request is to push the won up by 20% in three months, not in just a few days.

According to the single day increase level of 3.6% over there today, the appreciation rate of the won can reach 20% in five trading days and one week.

Anyway, it was a mistake.

Chen Qing also judged that in addition to the wind blowing a few days ago, there may also be the reason for the early disclosure of information. After all, there are too many eyes staring at any operation of Westeros system.

Chen Qing also promised Simon that he would make a new plan over the weekend to avoid today's incident as much as possible.

Moreover, since the signal has been released, the market will take the initiative to push the won up without too much operation of the Westeros system.

It's easy.

Simon finally just reminded Chen Qing not to run away. It must not be too high.

At the end of the day's work, Simon took Nancy Brill to San Lucas estate in Southern California, Mexico. Small female executives always shout that someone is murdering her in bed, but since they have determined the relationship, they are also very active when they want to. After the morning meeting on blockbuster, they inevitably complain and accuse someone of being not considerate.

Simon fought back as usual, but of course he agreed.

To this end, we also temporarily changed the pastime originally arranged on Friday evening.

The thing is that in China, Chen Qing told Simon in an email a few days ago that since November 2, the "Legend of fairy sword and Chivalry" has been piloted on the Beijing life channel of the regional terrestrial wireless station, and the audience rating has been rising all the way. In just one week, the audience rating of "fairy sword" has reached 40% in Beijing. It is expected that the broadcast will be completed, and the maximum audience rating is expected to reach 60% or 70%, Reproduce the grand occasion of huanzhuge last year.

Simon was fully expected.

Then, on a whim, when replying to the letter, Chen Qing asked Chen Qing to pack and airlift a little servant girl who was obviously going to be popular with Xianjian for recreation at the weekend.

Think of one is not enough, and simply want a complete pearl return trio.

Now, since the small female executives complain that Simon is not considerate enough, the plan can only be changed.