Chapter 1286 Greater Ambition

"Cheers to our becoming a media company!" Cummins raised his glass.

Feng Yiping put down his knife and fork, "Cheers,"

This is an Outback steakhouse in downtown San Jose. Feng Yiping remembered that it seemed to have branches in China at this time. I think the price will not be low, but among the chain steak restaurants in the United States, it is considered to be a good value for money.

For a gathering of our own people, it would be difficult to let go in a too high-end restaurant. It is good to choose a place like this.

"Feng, you even hid it from me," Buchanan said, "Did you have the idea of ​​developing Netflix into a media company when you first paid attention to it?"

He was the first person to know that Feng Yiping wanted to acquire Netflix, but he only understood Feng Yiping's overall layout now.

"Yes, I did have such an idea at the time,"

"Well, I still can't understand why you wanted to set up a media company and get involved in the production of film and television dramas so early?"

"Knowing that Apple's iTunes music store is a great success, everyone knows?" Feng Yiping asked.

"Of course, didn't you also participate in the negotiations with those companies?"

"Yes, I think this is a trend. From this, I infer that content will be the most important resource in the future of the Internet field, and for Netflix now, content is the most necessary asset, so setting up a media company and getting involved in the production of film and television dramas is actually an inevitable choice for us,"

"However, according to the habits of most people, they still choose to watch film and television dramas on TV rather than on computers," Merbak raised a key question.

Now cable TV and the Internet are still very clearly divided.

"Two points. First, this habit may not change in the future. We know that the advantage of Internet terminals lies in their portability, just like the success of iTunes Music Store lies in the portability of Apple iPod,"

"I think the same will be true for videos. With the development of broadband networks and mobile communication technologies, we will soon be able to watch online videos anytime and anywhere through our portable notebooks, which is something that TV cannot do,"

"Second, although I don't know much about technology, I can still boldly predict that in the future, the Internet and cable TV will not be as clearly separated as they are now, and we can also watch online videos on TV very conveniently,"

He deliberately did not mention the matter of smartphones and smart TVs.

"So, are we ahead of others again?"

"From the current point of view, yes," Feng Yiping thought to himself. Isn't it always my biggest advantage to be ahead of others?

"Of course, it is not ruled out that some companies will catch up," he added

In fact, he said this deliberately.

According to later statistics, the two video websites with the largest number of visits are YouTube and Netflix.

In a certain period of time, Netflix's traffic even far exceeds that of YouTube. From Monday to Friday nights, nearly one-third of the Internet traffic entering North American households comes from Netflix.com.

This is more than the total traffic of YouTube, HBO, iTunes and Amazon.

So, in the future, at least the two most visited video websites in the United States will be under Feng Yiping's command. Hehe, he felt a little embarrassed.

But how can we not do this? Later, whether it was domestic or foreign, as long as it was a well-known high-tech company, they all got involved in the content industry.

It can be predicted that by the time everyone got involved, Feng Yiping had become a giant in this industry.

"Why do I feel that this seems to be at least not our last acquisition in this line?" Cummins asked with a smile.

"I'm not sure either, let's see the opportunity," Feng Yiping said ambiguously.

The others looked at it and were not sure? Well, it seems that there will be follow-up actions.

Could it be? "Hollywood film companies?" Mike called out first.

So, no matter what it is, it can't stand thinking.

"If I have the chance, I will give it a try. Think about it. Netflix's biggest expenses now are two pieces, copyright fees and postage fees for film and television companies, especially copyright fees for film and television companies. This will be an expense that we can't get rid of. A film company, especially one of the top ten, means the copyrights of at least thousands of movies and TV series,"

Everyone noticed the "top ten" he mentioned.

Just after talking about HBO, now mentioning the top ten in Hollywood, it can only be said that this boss has high standards and great ambitions.

Buchanan asked, "If you have the opportunity to acquire the top ten film companies in Hollywood, which one do you most want to acquire?"

"Which one do you most want to acquire? Have you been to that one," Feng Yiping said without hesitation.

"Disney?" In order to expand the influence of group buying, Buchanan went to the Bernie Bank Disney headquarters and discussed the conditions for group buying bus tickets for "Finding Nemo" with Disney President Michael Eisner.

"Why?" He asked.

"Now the salaries of stars are rising rapidly. Just like Netflix has little bargaining power with film companies, the same is true for film companies with stars. However, in order to produce a successful work, stars are often indispensable, which leads to a sharp increase in production costs."

Now everyone knew what he was going to say, "Yes, whether it's Mickey Mouse, Donald Duck or Snow White, they won't ask Disney to raise their pay,"

"But acquiring it should be the most difficult, right? Among the top ten Hollywood film companies, Disney seems to be the only one that has not been traded," Mike said.

Indeed, because of the above reasons, Disney has always had high returns and has been doing well. Who would be willing to sell such a cash cow?

"Well, if he wants to sell it, he will sell himself, and I can't afford it," Feng Yiping laughed.

Because of the successful cooperation with Pixar, Disney's stock price has been rolling up over the years. If you want to acquire Disney now, your offer must be at least higher than 50 billion US dollars.

This number is still too much for Feng Yiping at present, and he can't even borrow that much.

"However, there are opportunities among the top ten Hollywood film companies," Merbak said, turning his glass.

After a big meal of steak and lobster, everyone's stomachs are almost full now, and now they will discuss this issue seriously.

"For example, MGM,"

When he mentioned this, everyone agreed, "Yes, yes, this is really possible,"

Among the top ten film companies in Hollywood, MGM is definitely the one with the most, how should I put it, let's say the most unique one.

Kirk Kerkorian, an American tycoon who runs casinos, bought MGM for the first time in 1970, sold it in 1986 at more than ten times the purchase price of that year, and ten years later in 1996, he re-entered MGM at a price of 1.3 billion US dollars.

The Delong Group makes money by transferring its own company's stocks from left hand to right hand, while this old man buys and sells the same company and makes money as if it's a joke.

If MGM has feelings, it must be tearful. Isn't this a torment?

"Maybe Kerkorian wants to sell it again this year," Cummings laughed.

"I just don't know how much he will ask for this time, haha,"

Everyone talked and laughed, and didn't take it seriously.

But Feng Yiping looked thoughtful.

"Feng, are you really interested in MGM?" Cummins asked.

"Ah, MGM?"

He was not familiar with this. He could not remember whether MGM would be sold again by that person in the past two years. He only remembered that the company seemed to have gone bankrupt in the end.

"If there is a chance, we can take a look,"

He was not thinking about the film company at this time.

Just now, he thought of one thing from Disney. Aren't all the popular Hollywood films adapted from comics, such as the famous Marvel.

Isn't this also an important part of the content?

If you buy this company now, the bid should not be high.

Cummins secretly paid attention to it. It seems that from now on, he really needs to pay attention to the relevant news of these film companies.

"Okay, everyone, there is still a lot of work in the afternoon. Let's talk in the evening," Feng Yiping stood up, "Merbuck, Randolph, this afternoon, we will try our best to finalize the framework of cooperation between Netflix, Coinstar and Redbox,"

"I want to notify the three people from Tesla," Cummins said.

"Okay, as long as they have time," these people under his command can get together often.

"And Cummins, arrange for someone to investigate which comic book companies are the most successful at the moment."

He didn't know much about this, but he remembered that Marvel was not the only well-known one.

"What do you mean?" Cummins immediately thought of his intention. Comics have always been an important source for movie adaptations. "Okay, I'll arrange it right away,"