The Best Entertainment Era
Chapter five hundred and ninetieth IX It's so cheap
On the first floor of the Relativity Building, except for the spacious front hall, most of them are independent shops. These shops signed a lease contract last year. After the ownership of the building changed hands, the agreement continued to be fulfilled, but the contract was adjusted, and the owner became Relativity Entertainment. .
The location closest to the entrance on the east side of the main entrance is the newly opened Starbucks.
James Murdoch sat by the glass curtain wall on one side, looked through the transparent glass curtain wall, and looked at the people entering and leaving the Relativity Building.
This office building, no smaller than the Fox Tower, will one day be filled with staff from Relativity Entertainment?
James Murdoch had an idea the other day when he was talking to Jim Prowse.
Being born into a super rich family is a kind of luck, but there are several brothers and sisters, each of whom is ambitious, and James Murdoch feels that he is very unfortunate.
Rupert Murdoch is in his seventies, and James Murdoch, though he never said it, feels his father is getting old.
The age spots on the face are all connected in clusters.
The future belongs to the younger generation.
But it is not easy to get the most power of News Corporation, and the brothers and sisters will not agree easily.
As for that woman, James Murdoch has never paid much attention to it. His father is old but not confused. That woman doesn't get much.
Similarly, my father is not old-fashioned, and the heir he chooses must be the one with the most outstanding ability, the most achievements, and the one who can further make News Corporation bigger.
In the traditional media industry, News Corporation has almost reached its limit, and it is extremely difficult to continue to grow. The emerging media and entertainment industries should have great potential.
Both aspects of Relativity Entertainment's business are growing rapidly.
This is one of the reasons why James Murdoch won the 20th Century Fox business.
If under his operation, 20th Century Fox's business development has taken a big step forward, who will be the chairman of News Corporation's board of directors in a few years?
If Ronan were to answer this question, the answer couldn't be simpler. In the next ten years or so, the person sitting in that position will never change.
Ronan arrived at Starbucks five minutes earlier than the agreed time,
Unexpectedly, James Murdoch came earlier.
Hi, Ronan. James Murdoch stood up to greet Ronan: Long time no see.
Ronan shook hands with him: You, CEO of Sky TV, when did you come to Los Angeles? Why didn't you contact me earlier.
James Murdoch said with a smile: I have some business with 20th Century Fox, so I need to make a special trip. The company is big, and some managers are too lazy, so I don't feel relieved if I don't go there myself.
As if he didn't know what 20th Century Fox had done, Ronan said, Whenever I have time, I'll call a party.
We are old friends. James Murdoch declined: You're welcome.
He started to get to the point: Last night, I went to see a movie, Resident Evil: Revelation, and the opening title is your company's work, right?
Ronan said, Yeah, it was just released last weekend.
James Murdoch took advantage of the situation and said: The attendance rate of the show I went to was good, and the box office was good, right?
It's not bad. Ronan said roughly, The premiere won a box office championship.
James Murdoch touched his chin: If I remember correctly, this is Relativity Entertainment's third box office hit this year, right? It seems that three have been released so far.
Ronan smiled: The main reason is that the schedule is good. With the results of Apocalypse, it may be very difficult to enter the top three if you change the schedule.
James Murdoch reacted immediately: If Relativity Entertainment had more powerful media resources for publicity, the box office results would be better.
Ronan gradually sensed the meaning behind his words, and simply followed his words and said, Yes, the media is currently the weak point of Theory of Relativity Entertainment.
Can you address this weakness in the short term? James Murdoch asked.
Ronan joked: James, unless you can convince your father to sell me some newspapers and TV stations at a low price.
James Murdoch couldn't help laughing: I can't convince him about this kind of thing. However, I am willing to act as an intermediary to facilitate more and closer cooperation between Relativity Entertainment and 20th Century Fox and News Corporation, so that News Corporation's media At a more favorable price, it is fully open to films under Relativity Entertainment.
This kind of thing is definitely not free. Ronan also wanted to see what James Murdoch wanted to do when he suddenly came to him. He simply said: Of course Relativity Entertainment is willing to cooperate with 20th Century Fox and News Corporation. This is my dream. of.
James Murdoch looked at Ronan, and Ronan looked sincere, without any faux pas.
Who can know what is behind the sincerity? James Murdoch didn't take it seriously, because that's who he is.
I think the two companies should establish a closer relationship. James Murdoch also said sincerely: So that we can cooperate more closely.
Ronan said, James, what advice do you have?
James Murdoch said with a smile: It's nothing special, the common way of cooperation in Hollywood, the company's stock swap, 20th Century Fox and Relativity Entertainment hold each other's shares.
This answer is not what Ronan expected. It is normal for large companies in the circle to hold each other's shares, but the shareholding ratio is very low, and it is more symbolic.
In addition, there are a small number of the same investors in companies with complex composition of these shares.
Ronan asked directly: What about the ratio?
I can't make the decision. James Murdoch still had a smile on his face: But I think as long as the conditions offered by Relativity Entertainment are good, plus my lobbying, it will not be difficult to impress the group's board of directors.
What is the favorable conditions offered by Theory of Relativity Entertainment? Ronan secretly slandered, is this the cooperation that Relativity Entertainment took the initiative to come to?
Ronan specifically asked: What conditions can impress News Corporation and Twentieth Century Fox?
James Murdoch has long been prepared: In my personal judgment, it is possible for News Corporation's board of directors to accept 20 percent of Relativity Entertainment's shares in exchange for about 3 percent of 20th Century Fox's shares.
Twentieth Century Fox is a giant with a market capitalization of more than 25 billion U.S. dollars. If such a share exchange condition is to be fulfilled, he can't guarantee that he can convince his father and the group's board of directors.
After all, the outside world's valuation of Relativity Entertainment is about 2.5 billion US dollars.
Ronan's expression didn't change at all, but his heart became more vigilant. Sure enough, the selflessness of imperialism is immortal!
There are many factors behind the development of Theory of Relativity Entertainment under the condition that the six major companies occupy the absolute upper reaches.
Lionsgate once became bigger and stronger, and Netflix even became a member of the MPAA. Why? Don't the Big Six know that they are seriously threatening their position? But the six major companies have never really united and tried their best to fight them, because the six major companies themselves are competitors.
If the six major companies monopolize the resources with absolute advantages and are monolithic, Hollywood will not be what it is now.
Relativity Entertainment developed in the gaps between the six major corporations and under the cover of DreamWorks' shield. It has a single shareholding structure, extremely healthy finances, abundant cash flow reserves, and relatively complete production and marketing channels.
These are the capital of Theory of Relativity Entertainment, and it is also the capital that any one of the six major companies dare not formally start a war against Theory of Relativity Entertainment.
And equity is the foundation of it.
The sale of 20% today is equivalent to opening a hole in the relatively solid shell of Relativity Entertainment, giving 20th Century Fox and even News Corporation the opportunity to toss internally.
The strongest city collapses from within.
3% of 20th Century Fox's shares were exchanged for 20% of Relativity Entertainment's shares. Judging from the evaluation of the two companies by the outside world, Ronan undoubtedly took advantage of it.
But not to mention the previous ones, only one point is enough to strengthen Ronan's mind.
Netflix is getting ready to go public!
Ronan said euphemistically: 3% for 20%, this is too cheap, I'm afraid it will be difficult for you to convince News Corporation...
Believe me, I'm at least 70% sure! James Murdoch swore, Ronan, your ability is worth Fox's premium!
Relativity Entertainment produced and released more than ten films last year, plus the previous old films, how much profit is there?
Ronan sighed. Could it be the relationship between the environment he grew up in and the natural advantages brought by the big group? James Murdoch is so confident, why didn’t he let him finish his sentence?
James, I appreciate your kindness. Ronan could only say this: If Relativity Entertainment wants to cross shareholding with other companies, I will definitely give priority to 20th Century Fox.
Hearing this, James Murdoch paused for a moment and returned to normal in an instant: Okay, Ronan, I hope we can cooperate deeply in the future.
This result was expected, so naturally it is not a surprise.
It's just a pity that the huge benefits can't blind this young man's eyes, and he hasn't got the opportunity to enter the arena to break the theory of relativity entertainment from the inside.
James Murdoch was a bit disappointed, but he didn't bother. He shook hands with Ronan very gracefully and said goodbye: I will return to London soon. If you go to London, you must contact me. Let's get together again.
Ronan responded with a smile: Definitely.
This is the Relativity Building. Out of the most basic courtesy, Ronan sent James Murdoch out of Starbucks. Watching him get into the car near the door, he knew that there was no way out for Relativity Entertainment, or to enter the top of Hollywood. layer, or be eaten by the forces at the top...
James Murdoch got into the car and sat quietly thinking for a long time. The friendly negotiation under the cover of cooperation failed to achieve the goal, so he could only think of other ways.
Keep an eye on Ronan Anderson, he told his driver and assistant.
.
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