Chapter 2059: No One Is Idle

The temporarily defeated party is reviewing and adjusting, and the temporarily victorious party is also not idle.

This is an era of failure to advance or retreat. The more leading companies and individuals, the more aware they are of this truth.

While Redstone was making some executives of his company nervous, Rafael Murdoch was meeting with executives of another major Hollywood company in a high-end club in Hollywood.

"Hello Zhu Ke," he personally went to the door and greeted a tall man with glasses and less hair than his father, old Rupert Murdoch. He was bald to the back of his head and only had hair on his temples. It looked like A middle-aged man who somewhat resembled Stanley Tucci, a relatively well-known actor in Hollywood, came in.

"Hi Raffarin, you guys have been doing a great job lately," said NBCUniversal, the head of entertainment, news and cable television and a contender to be the future helm of the massive media conglomerate backed by General Electric Co. One, Jeff Zucker said with a laugh.

"Haha, thank you, but no matter what, you can't compare with Zhu Ke. We all know that you created "Today" which has been the number one show in the same period for ten consecutive years," Raffarin said.

He knew that Zucker was praising their outstanding performance in the acquisition of Myspace, so he also praised Zucker's most famous achievement.

Mr. Zucker, who was not admitted to Harvard Law School, is also very extraordinary. He can also be said to be one of the youngest and most promising representatives in the industry. At the age of 26, he served as the director of the NBC morning news program "The Today". Show" producer.

After becoming the youngest executive in the industry, Zucker shined. In the ten years since then, "Today" has been the most watched morning news column in the United States.

This is indeed a very impressive achievement.

"They are all achievements in the past," Zhu Ke waved his hand, "Your current achievements are worthy of recognition. After Myspace was successfully acquired, in less than a quarter, everyone has been amazed by the achievements. "

After Myspace joined News Corporation, the number of registered users increased rapidly. Although it is still not comparable to Facebook, relying on the big tree of News Corporation is much better than fighting alone before.

It has brought even more benefits to News Corporation. Raffarin and the others proudly announced not long ago that because of Myspace, the traffic of News Corporation's website has successfully doubled.

More than one analyst has pointed out that if Myspace is valued now, it should be close to US$1 billion - which is why Redstone is furious now.

"In the Internet age, we cannot lag behind," Raffarin said. "Zucker, this is also the issue I want to discuss with you today,"

Zhu Ke nodded. Raffarin had met with many heads of TV networks and film companies in the past two days. He naturally knew something about the relevant situation.

"Zucker, what do you think of the future of Hollywood?" Raffarin asked.

"I think that with the improvement of the economy and the rapid development of special effects technology, at least in the next few years, the box office of the top ten movies will increase significantly," Zucker said.

Since the beginning of the blockbuster era in Hollywood at the end of the last century, it can be said that the box office of popular movies has been hitting new highs every year.

"It is true that both of our families have a series of movies that are getting higher and higher at the box office," Raffarin said, "but Zucker, do you feel that as major production companies invest more and more resources? To make a blockbuster, to make a movie, is becoming more and more like a gamble?”

"Yes," Zhu Ke also expressed some emotion, "even if it is well shot, the rewards brought by blockbusters are actually not much different from those of small and medium-cost movies."

"Titanic" produced by your company had an investment of 200 million and a box office of 600 million. The following year, DreamWorks' "Saving Private Ryan" only had a box office of 210 million US dollars, but the investment was only 70 million US dollars."

"Yes, if the filming is not good, Titanic will cause at least over 100 million US dollars in losses," Raffarin said.

"The problem is that now we all have to spend 80% of the budget on 20% of the movies, making blockbusters with increasingly larger investments," Zucker said.

In the past, movies produced by film companies, in terms of investment, were orderly distributed into four categories: above US$300 million, between US$300 million and US$200 million, between US$200 million and US$100 million, and below US$100 million.

They respectively represent the most important super blockbusters, ordinary blockbusters based on traditional genres, movies targeted at a specific group of people, and make-up movies, ensuring that they can maintain relationships with screening channels and promotion channels.

The current trend is that there are more and more high-investment movies like the first two categories, which naturally brings high risks.

"I think even Mr. Feng, who has just acquired Marvel and is known for his good vision, cannot avoid the risks brought about by this," Raffarin said.

"Haha, I don't think anyone can always accurately predict the box office of a movie," Zucker said. "Judging from Marvel's own sci-fi film attributes, this is doomed for their future works to be high-investment. For the Lord, I think we're all looking forward to their performance,"

"Haha," Raffarin also laughed.

Like many people in Hollywood, they are looking forward to watching Marvel, that is, watching Feng Yiping's jokes.

"But Zhu Ke, I think some of Mr. Feng's decisions are worth learning from. Frankly speaking, the reason why we quickly acquired Myspace was because we were optimistic about its potential and what it would bring to our news business. In addition to the improvement, the booming development of NEXTDOOR and Facebook founded by Mr. Feng are also important reasons for us to make this decision," Raffarin added.

"In the field of the Internet, Mr. Feng's vision is indeed good," Zhu Ke couldn't deny this. "So, what's the reason why you came to me today...?" He looked at Raffarin.

"Yes," Raffarin nodded affirmatively, "After careful analysis, we feel that the Netflix acquired by Mr. Feng is also a very good business."

"You must also know that in the past two days, I have contacted many people in the industry, and all I discussed with them was this issue,"

"I think, since Netflix can develop to where it is today, and since even Feng Yiping is optimistic about Netflix's model, then why can't we do the same ourselves?"

"We all know that Netflix and YouTube will definitely integrate in the future. Their future business focus should shift from DVD rentals to online videos. In this regard, we have an innate advantage, right?"

"You see, we not only have a film company, but we also have our own TV station network. We have produced many excellent movies, TV series, and variety shows. Users also highly recognize the works we produce,"

"If we launch a similar project, at least in the field of video resources, we will definitely be ahead of Netflix. If we join forces, our video resources will not only be more, but also updated. I think this will definitely gain a lot Users welcome,"

"Another very good news is that the technical threshold for making a video website was originally very high, and this was not an area we were good at. But now, these are not problems, and the related technologies have developed very maturely,"

"We have consulted the opinions of professionals, and the result is that as long as funds are not an issue, it will take at least half a year and at most a year to create a very good online video website. Of course, we can also take care of the DVD rental business,"

At this point, Raffarin's purpose is already clear.

After following the trend in investing in social networking sites and achieving initial success, they wanted to copy Feng Yiping's other successful project - an online video site.

"If this is true, it can effectively combat piracy," Zhu Ke added.

"You're right, so Zucker, what do you think of this project?" Raffarin asked.

"Do you want to unite several of our large companies to jointly invest in such a new project?" Zhu Ke asked.

"Yes, that's what I mean," Raffarin said. "In the past two days, many people in the industry have expressed their optimism about this project. A company like NBCUniversal, which is strong and highly influential in the industry, Naturally, they are our most welcome partners,”

"It sounds good, but it is very different from our original business model. You know, this will definitely have a series of subsequent impacts, and the profitability of this project..."

He raised his head, "I'm optimistic about this project, but I can't decide yet. I think we still need to know more about the situation,"

"Understandably, this is our report on the project," Raffarin handed him a folder.

Zhu Ke's statement made him very satisfied, "I'm sending you off and I look forward to hearing your good news as soon as possible."