Chapter 2045 The Dust Has Settled
Rupert Murdoch, also known as Raffarin Murdoch, took a young man and a middle-aged man to the podium at the 20th Century Fox studio in Hollywood. "After a series of friendly operations, I announce that today, the social networking site MySpace has officially joined the ranks of News Corporation and become the backbone of Fox Interactive Media."
"In the future, MySpace, which still operates independently, will continue to provide better social services for our more than 20 million users..."
If we look at the number of media present, the scale of this press conference is not as popular as Whitman's.
The number of professional financial media is far less, mainly because the amount involved in the merger he announced is only 580 million US dollars.
And what they acquired is MySpace, which is really not well-known in the social field at this time.
Originally, MySpace could be more or less leading the trend at this time, but because of Feng Yiping, NEXTDOOR and Facebook have set precedents, MySpace can only be marginalized helplessly, and rarely has the opportunity to make headlines.
But in terms of the communication effect, this merger here may be known by more people in the future, because this merger has attracted the attention of the entire Hollywood.
And news related to Hollywood will always be liked by more audiences. The reason is obvious. News related to stars and film companies will always make ordinary people more willing to read than serious news like eBay.
Moreover, in terms of reading popularity, generally speaking, the entertainment version is always more popular than the financial version.
The press conference in Silicon Valley attracted the attention of many bigwigs in the technology industry, and this press conference in Hollywood attracted the attention of those who had originally made things difficult for Zenstrom.
They even paid more attention to this merger than when Feng Yiping acquired Marvel.
While the press conference was in progress, a rumor was also spread in a small range.
It is said that because of the failure of the bid for MySpace, another legendary Hollywood bigwig, the one who burned 80% of his skin due to a fire, underwent more than 80 operations before and after, so you can remember it once you see it, but you rarely see his Redstone, and for this reason, he wants to fire his Viacom CEO.
This rumor, which is believed to be from a reliable source, made the well-informed people in Hollywood even more hesitant.
As we all know, Redstone's success, or the success of his Viacom, mainly lies in three acquisitions: in 1987, he acquired Viacom, including the famous MTV TV station; in 1993, he successfully acquired Paramount; in 1999, it took only 8 days to successfully acquire CBS, one of the three major TV networks in the United States, at a price of 37 billion US dollars.
It can be said that this is also a guy with great vision.
So why did he get so angry about the failure of such a small-amount merger this time, and even replaced the CEO of Viacom?
Does this mean that he actually attaches great importance to this merger?
Why does he attach so much importance to such a social network company?
Thinking of Feng Yiping, who previously owned the world's most well-known social network, and acquired Marvel across the border, these smart minds in Hollywood will naturally think of a question, is it possible that in the future, the combination of film companies and social networks is a major trend?
Hollywood has actually experienced many reshuffles since its development. Many of the glittering signs in the past have no trace of existence now, so the bigwigs still have a strong sense of crisis.
So, what will happen if we don't have the opportunity to catch up with this trend? Will we be left behind or eliminated?
Even Michael Eisner, the former emperor of Disney, who has nothing to do now and is almost counting the days waiting for the day of his retirement, is thinking about this problem.
However, for these people in Hollywood, they are good at how to make a good movie; how to promote the movie they have made; how to tap the peripheral income of the movie; even how to reduce the income of those big-name starring actors, or how to rule those big-name stars..., they are also good.
The only thing is that they are really not good at high technology represented by the Internet.
Originally, Eisner had a very good consulting partner, Steve Jobs, a big man in Silicon Valley, but given his relationship with Steve Jobs and the fact that he would be dismissed in less than half a month, he gave up his efforts in this regard.
After the press conference hosted by Lachlan Murdoch, after much inquiry and analysis by various experts of varying backgrounds, those who were originally a little worried finally found two reasons.
First, it was because of the competition between Redstone's Viacom and Feng Yiping's NEXTDOOR.
Because among Redstone's many acquisitions, one was to spend $8.4 billion in 1994 to acquire Blockbuster, a US audio and video rental giant with thousands of stores.
Now, Blockbuster can be said to be suppressed by Netflix, which may make this acquisition the most failed one for Redstone.
Therefore, he planned to launch an attack on Feng Yiping in the social field.
Second, the Murdoch family of News Corporation had a problem with Feng Yiping and his NEXTDOOR.
Two months ago, after Feng Yiping acquired Marvel, he interacted frequently with News Corporation and was even invited by Murdoch to his home for a family dinner. After that, the two sides reached a series of cooperation and seemed to be very close.
Everyone thought that News Corporation had the most advantage in the bidding for Skype.
But who knew that in the end, Skype, which Murdoch coveted, was handed over to eBay under the auspices of Feng Yiping!
So, they would think of acquiring MySpace, which is also a social networking site, with a resolute attitude to respond...
Although it seems that Feng Yiping cannot be avoided, although it seems that Feng Yiping, who originally belonged to Silicon Valley, has already had such a great impact on Hollywood, these two reasons still made some people in Hollywood who were originally worried finally relax.
It turns out that we did not miss a wave of trends, which is good!
——The fortress was broken step by step, and the advantages were also established little by little.
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In late May, Michael Eisner, who created the glory of Disney, left the place where he had worked for 21 years in a car.
However, no media had the interest to take pictures of this scene.
The media reporters were all around Iger who had just taken office, but there was a building at the Disney headquarters that had just been named "Michael Eisner".
Although everyone knew that Michael Eisner was driven out by the Disney family, everyone had an ID card. Well, a person with an ID card should be able to get by on the surface.
On the same day, News Corporation released the latest progress. Thanks to the acquisition of MySpace, the traffic of News Corporation's US website increased by a full double.
In Silicon Valley, a series of subsequent events brought about by eBay's acquisition of Skype have also come to an end.
Zennstrom and his team have officially started working in Silicon Valley, and the specific plan for the split of PayPal has also been approved by regulators. The original eBay stock holders will receive the same number of PayPal stocks accordingly.
If an investor reads the relevant reports they submitted to the U.S. Securities and Exchange Commission, they will find that among the top ten institutional shareholders, the third one, holding 7.1% of the shares, is an institution called "Leading Capital".
Only those who pay close attention to the relevant information will find that this institution is also the largest shareholder among all listed companies under Feng Yiping.
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"Alas, I have been busy for so long, but I didn't get a penny," Feng Yiping locked a document in the safe.
"Are you trying to make me praise you in a different way? Who doesn't know your investment vision? Investing 8 million US dollars, it finally turned into 560 million US dollars,"
"If you invest all the cash this time in PayPal's future, how much will it turn into? Billions is at least,"
"Your wish has come true, you must be proud now," Huang Jingping took a T-shirt and gestured on him, "Not bad, I packed it for you,"
Feng Yiping is indeed very proud, haha, I successfully became a shareholder of PayPal!
He put his arm around Huang Jingping, "Pack this and put it in too,"
"Don't make a scene," Huang Jingping giggled, "I told you I can't leave now, but I will definitely go back when the time comes,"
"Also, Boss Feng, there won't be any more scandals when you come to Hollywood this time, right?"