Chapter 2181 Two Murdochs

"Feng, this is our new president of Interactive Media, Peter Levinsohn," said James Murdoch, the second son of News Corporation President Murdoch, who looked more elegant than Lachlan Murdoch next to him, and more like his father. He pointed to a middle-aged man who came with them.

He was a tall and strong middle-aged man who looked more like a rugby player, but even his smile looked very serious.

"Mr. Feng, nice to meet you,"

It was quite a coincidence that his predecessor, the one who proposed the acquisition of MySpace, was also named Levinsohn.

I wonder if this new Levinsohn, who looks very strong, can manage MySpace well.

In any case, although Feng Yiping now focuses on Twttr, which was established at the beginning of last year, which later became Twitter, in the social field, he still pays attention to some key developments of MySpace.

Since being acquired by News Corporation, with the help of News Corporation's global advantages, MySpace has indeed developed very rapidly, with the number of independent visitors increasing at a rate of up to 155% per month, and the number of users has successfully exceeded 50 million.

Because of the rapid growth, they also encountered the problem of unusable servers last year, which made people happy and worried.

Because of the rapid growth of MySpace, News Corporation optimistically believed that it was worth at least $10 billion more than a year after being acquired by itself. This made Murdoch express his optimism about MySpace on many occasions and increased News Corporation's investment in the Internet field.

In 2006, they tasted the sweetness and acquired two Internet companies. It is said that they have another big move, one that will be related to Feng Yiping.

However, not many people in the market think that News Corporation's current $10 billion market value of MySpace is too high. Some people even think that this figure should be $20 billion. Feng Yiping is somewhat relieved. Then how much should my Facebook be worth? Isn't it more than tens of billions of dollars?

For this reason, News Corporation also incurred some lawsuits. An important former shareholder of MySpace sued the court, claiming that before the acquisition, MySpace executives hid the company's data from shareholders, allowing News Corporation to complete the acquisition at a low price of $580 million.

To put it bluntly, seeing that MySpace is developing so well now, he got jealous and regretted it.

This not only adds a joke to the people in the circle, but also reflects the current success of MySpace.

In the entire circle, Feng Yiping is probably the only one who disagrees with this. Even though Facebook executives such as Mike, Zuckerberg, and Sandberg think that MySpace has chaotic management and lacks innovation, they are all seriously considering the threat posed by MySpace given its current momentum.

The lawsuit does not seem to be groundless. One of the evidences is that Chris DeWolfe, one of the co-founders of MySpace, does have an extraordinary relationship with Murdoch. It even seems that Murdoch is somewhat obedient to him.

This also puts Chris DeWolfe's boss, Ross Levinsohn, who originally proposed the acquisition of MySpace, and is the president of Interactive Media of News Corporation responsible for Internet business, in an awkward situation.

In front of the big boss, the opinions of one of your subordinates are more popular than yours. For an executive, it can be said that there are many meanings.

Ross Levinsohn's resignation should have a lot to do with this.

Feng Yiping felt a little aggrieved for him.

Because usually, the person in charge of the newly acquired company is forced out by the executives of the new owner, but this time, things turned out the other way around.

I wonder if Ross regretted his original proposal when he resigned sadly.

"Hello Pete, I think that News Corporation's Internet business will reach a new level in your hands, just like in Ross's hands," Feng Yiping said.

"Thank you," Pete Levinsohn shook hands with Feng Yiping politely.

But he always felt that the young Mr. Feng's words seemed to have some other meaning?

Of course there was some other meaning.

Feng Yiping didn't remember who sold MySpace, but in just over a year, the valuation increased from US$580 million to US$10 billion, but MySpace's future was unknown. This ups and downs, like a roller coaster, should be quite exciting for a bystander, haha.

I don't know what the new Levinsohn, who now looks full of confidence, will think at that time.

"Mr. Feng," Murdoch's eldest son, Lachlan Murdoch, drank a large glass of wine as soon as he sat down, "I have to toast you and congratulate you on your remarkable achievements in the film industry,"

"Thank you," Feng Yiping raised his glass and clinked it with him, "but isn't it too early now?"

It was sunset at this time.

The sunset shone through the gaps between the branches and leaves above their heads, casting a little golden light in the wine glass.

But they were not actually on the ground. The restaurant they were in was located on the top floor of a building next to the luxurious Sunset Boulevard in Los Angeles.

The most eye-catching thing on the top floor of this 15-story building is the two rows of nearly ten tall and vigorous trees with leafy branches and connected crowns, forming a natural awning.

This is Hollywood luxury.

"Absolutely not," said James Murdoch. "Everyone in Hollywood is optimistic about the first big movie produced by Marvel. Given that the distribution work around the world is going very smoothly, everyone is convinced that this will be the first big movie produced by Marvel." It will be Hollywood’s most successful movie at the box office this year,”

His words were vaguely meant to express merit.

Because it was Fox who was responsible for the release of Iron Man.

"Haha, thank you, but don't forget, there is another popular movie this year, Transformers," Feng Yiping said with a smile.

Therefore, nothing is perfect. Although Iron Man was released in 2007, it was indeed better than that in 2008, but this year, it crashed into Transformers.

It was also a big production with a production cost of over 100 million, and it was also a popular IP. Feng Yiping also knew that it was also the first part of a successful series of movies.

"Many experts believe that the story of Iron Man is more attractive," Lachlan said. "Another advantage we have is that Iron Man was released two months earlier than Transformers. I think its empty storyline will be more attractive." Audiences who watched Iron Man first came away disappointed."

"This will definitely further impact its box office revenue,"

"This does not take into account Mr. Feng and Marvel's unique promotion measures. Marvel's promotion of Iron Man has given us a lot of inspiration," Peter Levinsohn duly complimented Feng Yiping. One sentence.

"Thank you. No matter what, we have to thank Fox for its success in distribution, and I respect you," Feng Yiping said.

Iron Man and Transformers are both science fiction films. The difference is that one is a human wearing armor similar to Transformers, and the other is a Transformer that was originally a machine and has some noble qualities of human beings. These two movies are more or less similar. There are still some similarities.

Some viewers may be happy to have two such choices a year, but some may feel that watching only one is enough.

For the latter part of the audience, if a movie is released first, has good publicity, and seems to have a good reputation, it is obviously more likely that they will choose to watch the first movie, which is released first. For the second movie, it may be purely Wait and see.

Therefore, Fox successfully released Iron Man in early May, which indeed gave it a first-mover advantage over Transformers, which was scheduled to be released in July.

"You're welcome, we all know that the final success of a movie mainly depends on its quality," Lachlan said. "Just like Netflix's movie, "The Long Road Home", after nearly two years of polishing , and it is scheduled to be released at the end of the year. It seems that Feng is interested in letting it participate in the Oscar competition?"

Is this the main reason why they came to find me today?

It seems, not quite.

They should be very aware that a movie like "The Long Road Home" will not earn too much at the box office, so it is not a pity for them to not be able to participate in the release of this movie.

As for the Olympics, Fox will have its own films participating in this competition every year, and this one is no less good.

"Yes," Feng Yiping knew that his arrangement was no longer a secret in Hollywood. "You know, it is not common to work with such an excellent team."

He looked at his watch.