Chapter 695 The Essence of the Media Industry
William White's generous investment actually raised the threshold of the film industry. Even if you are an industry giant, I am afraid you need to weigh the cost of direct competition.
As for those small companies, if they want to do well in the film industry, the difficulty is undoubtedly against the sky. Of course, as long as you have the ability to flick to money, you can still try it.
No matter how awesome William White is, he can't fill a 20,000 yuan screen. The overall box office data in the United States is increasing year by year. Even in the face of this year's negative economic growth, it is still growing.
"Paramount wants to sell? Tsk tsk, what a big appetite, who is this awesome?" William White was a little surprised. They seemed to be doing well, so how could they sell it.
Everyone talks about Hollywood, but in fact, only Paramount is a real Hollywood film company. A bunch of companies, including White Pictures and Disney, are not registered in Los Angeles or even in California.
Regardless of whether California is rich, its economy is developing well. Taxes in California are basically the highest in the United States.
"Boss, it's Lei Shidong, the one who started his career with theaters."
"Summerlei Shidong? Wait, Filson, this old guy must be in his seventies? Is this planning to start a business again?"
"Yes, boss, don't underestimate this guy. This time, the support of the Jewish consortium is very strong. Moreover, Paramount does have plans to sell. The only problem now is that his wife seems to plan to split up with him. Home."
Pfft, William White burst out laughing. He really didn't expect such an interesting thing to happen.
Hey, that's not right, the idea of MTV TV was cut off by him. This old guy should not have the capital. What is the problem.
"Filson, is the cinema operator making a lot of money now? This guy named Lei Shidong, what business does he have?"
"Video rentals, TV stations, and theaters. The theaters in the past two years have really made a lot of money." Filson said in his heart, you don't even look at how much money you make. Theater operators not only have box office, they can also sell popcorn. By the way, there are all kinds of game consoles, you should know how profitable these things are.
"I know, he has taken a fancy to Paramount's film library. The money spent now will be earned back soon."
"Yes, boss, and with Paramount's distribution channels, he's no less of a threat than Time Warner."
"Hey, these guys are really tenacious. By the way, how is Murdoch now?"
"He has put all his eggs in one basket. Except for News Corp. and Fox, the old guy is an empty shell. Even in these two companies, his shareholding ratio is very low."
"Well, I see, go and see if they sell the film library, and also, help me make an appointment with Kerkorian from MGM."
"Okay, boss, I see."
Felson knew without asking that buying a film library was bullshit. If you sell the most valuable things, the ghosts will continue to buy them. As for that Kerkorian, this guy is just a stirring stick, if the boss fools around here, he will definitely stir it up.
William White knew very well that no matter how much he coveted it, Paramount would not be able to sell it to him. The combination of White Pictures and Disney is already very scary. If Paramount is added, his statue of William White will stand on the Avenue of Fame.
Movies, TV, newspapers and magazines may seem like little things, but they really aren't. William White started his career in movies, and then TV newspapers and magazines. By now, White Media is already a behemoth.
Murdoch is different, the old guy started from the paper media. Then came TV, and finally movies. Obviously, his thinking is similar to that of William White, but he and William White have different views on the issue of who comes first.
Facts have proved that William White is a master of chess. From film and television to print media, Murdoch has been beaten. At the moment, I'm afraid he can't even count as an opponent.
Redstone has been thinking about Paramount for three years, and he has been watching Hollywood for three years. He observed William White's every move very carefully. After so many years, he summed up four words, that is, content is king.
In the current situation, Lei Shidong knew that he couldn't wait any longer. The bastard William White is obviously using his capital advantage to crush his opponents. If he doesn't buy a ticket to enter the arena, no one in this world can resist William White.
The news that a movie will be made for 200 million US dollars has spread, and the whole of Hollywood has fallen into an eerie silence. No one knows what a $200 million movie should look like, and no one knows how to make a $200 million movie.
However, a common idea is that William White may not really lose money.
With a global box office of over 100 million, it is considered a good movie in Hollywood. When it comes to William White, $500 million is the profit and loss line. Nima, this gap really cannot be let go.
To accuse?
Don't be funny, you guys are no match for low-budget movies. If you are capable, you will have a higher rate of return than Home Alone before you speak.
The success of William White told the whole world what the media industry should do.
Yes, you all have your own purpose, and you all want to carry private goods. Making money is actually not your first choice, how to fill the world with chicken soup is your job.
William White is now telling everyone with practical actions that you are all wrong. The most important thing in the media is the content, who the hell cares about who killed who in the past.
To be honest, the education level of Laomei is severely polarized. Ordinary people are terrible at calculating accounts, and their mastery of historical and geographical knowledge can only be described as ridiculous. If you talk to these people about what's there, it's better to tell them that kind of cat is cuter.
What? The elite may not like it.
Don't be kidding, let alone now, even in the era of self-media, except for those traffic stars, those animals must have the highest clicks.
Besides, what kind of TV the elite like to watch is useful. The lives of these guys must be very fulfilling, and it won't help your ratings much.
Obviously, it's hard to say if other giants understand it, but Lei Shidong understands it. Seeing William White throwing a lot of money, the old guy's eyes were red.
"Henry, what does my damn wife say?"
Seeing the old guy talking nonsense, Henry didn't intend to persuade him. You can be considered capable if the two in-laws have done this.
"Summer, if possible, you'd better settle. After this lawsuit, there is no 500 million to settle."
"500 million?" Lei Shidong felt his liver tremble. There are some Jewish people who are more generous, but Summer Raystone is not one of them.
If there is a stingy leaderboard in this world, the old guy must be at the top. For the beauty of the knife, he went to court with his wife and returned him several times. For the beauty of the knife, he and his son tore face off. Haha, only Grandet can compare this guy.
Of course, the stinginess mentioned here only refers to his attitude towards people. It's impossible for the family members to use his money, let alone the people in the company. The most typical case is that a reporter from Viacom was kidnapped in Iraq. Because Redstone refused to pay the ransom, the reporter was torn apart later.
He was kidnapped at the same time, and was released not long after someone paid the ransom.
The reason given by Viacom is barely explainable, because paying the ransom does encourage such behavior. Well, even if the explanation makes sense, everyone in the circle knows that the old guy is reluctant to part with money. It's okay to say three to five million yuan, thirty to fifty million yuan, you won't give it to his son if you arrest him.