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Chapter 801 Benchmarking
ICQ merged with NBC Group, and AOL merged with Time Warner. These two large mergers of hundreds of billions of dollars have brought the prelude to the marriage of the media industry and the Internet industry.

Except for Viacom's Paramount, which is still conservative, the rest of Disney, Columbia, Universal, etc., are more or less hooking up with the Internet industry, because the Internet these days is really rich and powerful. It can continue to provide Hollywood with beautiful knives!

When the dot-com bubble bursts, these giant Hollywood companies that fish in troubled waters will have to stumble along with them.

At that time, Western Films will not only take over Universal Pictures' business, but may also get some benefits from Time Warner and Fox!

Ted Sarando had a weird face when he heard that he wanted to listen to the big guys in Hollywood. As long as he entered Hollywood, no matter if it was a small or medium film company, or a Hollywood star, director, screenwriter, producer, etc., which one would not be caught by the big guys? The Hollywood tycoon has been plucked.

However, Western Films is going to take a bite out of the big movie giants!

If Song Yang's expectation can be achieved, Ted Sarando can't imagine what kind of behemoth Western Films will produce by then.

If it really can achieve the combination of Netflix and Disney, Western Films can almost control the entire Hollywood, and catch all TV users and movie users in America. What kind of TV series and movies can Americans watch? For movies, Western Films has the final say!

"Western Films will prepare enough cash flow!"

The highest level of wool gathering is to become ruthless, even his own hair. Song Yang even prepared ICQ's wool to sacrifice to heaven. Ted Sarando really couldn't think of any doubts, although he also I really don't know why Song Yang is not optimistic about the big merger between ICQ and Bronfman Group.

If you want to pick up leaks, you must have enough cash. You don't need Song Yang to remind you of this, Ted Sarando knows it too.

It is still very easy for Western Films to make money now. With a bunch of hot movies and TV series copyrights in their hands, no matter which bank they get as mortgages, they can loan out a large sum of dollars.

Song Yang talked with Ted Sarando a few words, online video business, Song Yang is definitely going to do it, if Western Films can't do it, then Song Yang will have to do it all over again.

As for Netflix, Song Yang just asked a simple question, and didn't care about it any more. Now Netflix is ​​engaged in the disc rental business, and it is in dire straits with Blockbuster.

As for whether to slap the other party to death while Netflix is ​​still a small shrimp, Song Yang gave up after thinking about it for a while.

Even if Netflix is ​​killed, a lot of other online video sites will emerge, and even Hollywood giants will enter the online video industry. If one Netflix is ​​killed, there will be a second and a third A Netflix pops up.

Instead of trying to prevent the emergence of Netflix, it is better to let Western Films and IMDb become the industry leaders. After all, every time you win, you can't expect others to give you alms...

The small town of Los Gatos is also part of Silicon Valley, and Reed Hastings chose it as the headquarters of Netflix instead of San Jose and Cupertino, the traditional sites of Silicon Valley.

The town of Los Gatos, dominated by old white men, is very suitable for Reed Hastings to come from. Maybe Reed Hastings also has his own thoughts, just like ICQ is to San Jose, or Apple is to The city of Cupertino is average.

In the small town of Los Gatos, there are no big companies or factories, nor is it an open tourist area. As long as Netflix is ​​established, it will easily become a landmark company here!
"Netflix has now gained more than 150 million users. Of course, it is still far away from Blockbuster, but Netflix has only been established for one year, and we mainly rent movies online. We don't need stores or salespersons, just one With a warehouse and a network cable, Netflix can occupy the disc rental market in a city!

The future of the video rental industry must belong to Netflix! "

At the headquarters of Netflix, the general manager of Netflix tried his best to promote the selling points of Netflix to the guests from several Silicon Valley venture capital companies present.

Compared with Blockbuster, which has opened stores all over the world, Netflix is ​​an asset-light operation. It does not need store fees, and it also saves a lot of labor costs. The cost of letting Netflix rent a disc is much lower than the current disc rental. Blockbuster, the industry giant, is much lower.

This allows Netflix to play some tricks, such as canceling the notorious late fee in the disc rental industry, that is, if the disc is not returned on time, you have to pay a fine that is more expensive than the disc rental fee. Starbiz was the first to play tricks, relying on this fine system, Blockbuster can earn hundreds of millions of dollars a year!

Reed Hastings founded Netflix because he was fined $[-] by Blockbuster for failing to return the disc on time.

Netflix has completely canceled late payment fees, and there are various promotional activities, such as giving away discs, sending discs to your door, opening members to watch discs indefinitely, etc., which made Netflix, which was established almost at the same time as Western Films, more than a year, It has won 200 million users, still without large-scale publicity.

Several venture capital companies present were very interested in Netflix, and they were also familiar with Reed Hastings. Coupled with Reed Hastings' family background, the venture capital companies were very interested in Netflix. , is still very promising.

"Blockbuster is not so easy to deal with. Now Netflix is ​​just taking advantage of Blockbuster's nap and doesn't pay attention to the online disc rental industry. If Blockbuster also enters the online field, what should Netflix do?"

The people from the venture capital company asked the founder of Netflix, Reed Hastings, who had been silent.

Hearing this question, Reed Hastings finally said, "If Blockbuster is willing to change, it wouldn't be Blockbuster!"

As soon as the words came out, there was a burst of laughter for a while, and the people in the venture capital company couldn't help laughing out. It was indeed the same as what Reed Hastings said, Blockbuster was too arrogant.

Compared to Blockbuster, which is making money every day, Netflix is ​​nothing more than a small one. Even now that Netflix is ​​delivering goods to your door, and begging Blockbuster to buy it, it is estimated that Blockbuster will not look at Netflix. Fly a glance.

"In the future, Netflix will transform and defeat Blockbuster, which is just the first step for Netflix, and it will definitely not be the last step!
After becoming the leader in the disc rental industry, Netflix will transform into an online video business. IMDb and Western Pictures will be Netflix's future rivals! "

Reed Hastings, who has always been low-key and reticent, suddenly uttered wild words, which stunned the people in the venture capital company.

Then I heard that when Reed Hastings was going to let Netflix compete with Western Films and IMDb, the people from several venture capital companies all cheered up and looked at Reed Hastings His eyes began to look different.

If Netflix only wanted to fight Blockbuster, it would be a war industry in the disc rental industry. The global disc rental industry is a sunset industry. Even if Netflix wins Blockbuster, it will be a mess. A company worth billions of dollars.

But when Reed Hastings mentioned that Netflix was fighting with IMDb and was going to compete with Song Yang, the people from several venture capital companies felt completely different in an instant.

Song Yang is a gold-lettered signboard in the Internet industry. As long as Song Yang enters any Internet industry, that industry will be detonated. Even a few years ago, the Internet advertising industry that Song Yang played in is still supporting the Internet industry around the world. Hundreds of Internet advertising companies!

The online video industry seems to be tepid now, but before the Saipan music store, when it first entered the online music industry, it did not make any waves. At that time, it was ridiculed by some media. Song Yang could not keep up with the trend of the Internet. .

As a result, the Saipan Music Store is now the leader of America and the global online music industry. The revenue of the Saipan Music Store is hitting new highs every month. The addition of ring tones on the online music platform makes the Saipan Music Store It's crazy to make money. Compared with the five major record groups, they are making money faster, and they are almost making money lying down.

With the Saipan music store in front, who dares to say that IMDb's online video business will be a loser. As long as Song Yang's name is on it, no one will dare to underestimate it.

And hearing that Netflix is ​​now going to benchmark IMDb, it inevitably made several venture capital companies have some ideas.

"2000 million dollars, San Francisco venture capital firm, willing to invest 2000 million dollars in Netflix!"

(End of this chapter)