Chapter 209 Blessing Influence

Maybe it's because the office version of this era is old. West Cotton's PPT is not beautiful at all, but it is full of dry goods.

On the PPT marked page 21, Tang En saw the name of another company - Dick Clark Television Production Company.

Tang En became a little curious. Just now, he was in the film industry, but now... he jumped to the TV industry?

This West Cotton has a lot of ambitions!

Obviously, he is not willing to just be an executor beside Tang En, and follow his orders to prepare the distribution department of independent films, but has his own development ideas.

Don't say right or wrong, Tang En appreciates his attitude very much!

In the current Tang En Pictures, all strategic decisions are made by Tang En alone.

Although Bill McNick held the position of president of Tang En Pictures, he was a film producer and an expert in film content. It is difficult for him to put forward constructive opinions on the development and decision-making of the company's strategic layer.

This is also the only way for Hollywood film companies to reform from tradition to a new era.

The six major film companies in the past were all managed by senior filmmakers. However, with the change of the times, the industrial development of film companies has become more and more diversified. The bosses of film companies have begun to change from traditional senior filmmakers to visionary talents in strategic decision-making.

It's like the current Warner Bros. Chairman and CEO Terry Semel is about to leave, but the popular candidate for the new CEO is not Warner President and movie content expert Alan Horn, but CEO Barry Meyer.

Bill McNick is clearly the managerial model of a previous era.

However, for Tang En Pictures, the significance of Bill McNick's existence is very important.

Tang En is a radical, and his decisions often seem extreme and hasty. At this time, he needs a conservative and cautious elder to help him step on the brakes.

What's more, Bill McNick's accumulated contacts in Hollywood over the decades are far beyond the reach of ordinary people.

West Cotton cleared his throat, and slowly said: "Dick Clark Television Production Company, this is a listed company. However, in the past two years, the performance has not been good, and the economic crisis broke out, and the stock price plummeted. Now, this company The market value of the company is only about 36 million U.S. dollars, and if you want to complete the delisting acquisition, you need to prepare about 45 million to 5,000 U.S. dollars in funds.”

Tang En was smiling and full of confidence.

Because of Dick Clark Television Productions...he's a blast too!

It's not that this company is so famous, but because in his previous life, as a movie lover, he often paid attention to some Hollywood news, and the news of a Chinese company's acquisition of a Hollywood company is often a heavy hit on the entertainment pages of major portal websites. push.

Among them, this company appeared.

In 2016, a real estate group spent US$1 billion to acquire Dick Clark TV Production Company in its strategy of transforming from heavy assets to light assets!

Later, due to policy, debt, foreign exchange and other reasons, the real estate group defaulted and failed to complete the acquisition, and compensated 50 million US dollars in liquidated damages.

Comcast is said to be interested in buying the TV content company for $900 million.

This news caused a lot of trouble at the time, and Tang En also looked it up on the Internet.

Dick Clark Television Production Company was listed on Nasdaq in 1986, but was delisted in 2002 due to poor management. In 2007, Daniel Schneider spent 175 million US dollars to complete the acquisition, and in 2012, he sold it for 350 million US dollars.

It can be seen that the value of this company has not been high.

The reason why everyone bid to buy it later was mainly because after the demographic dividend passed, media groups began to pay attention to the content industry, and IP copyrights became popular.

And Dick Clark TV Production Company holds many famous big IPs!

Its TV production rights include the Golden Globe Awards, American Music Awards, Billboard Music Awards, American Country Music Awards and other award ceremonies and the New York New Year's Gala, as well as the production rights of two reality shows.

Although it has not won the TV production rights of Oscars and Grammys, these are definitely the top TV production IPs in the world. In the era when content is king, it is of course the focus of contention among all parties.

So Tang En was very excited about West Cotton's second acquisition proposal!

Bill McNick frowned and said, "West, I know this company. Its revenue has not been high. Last year's profit was less than 500,000 US dollars. There is no profit point."

West Cotton shook his head firmly and said: "No, Mr. McNick, in my opinion, what Tang En Pictures lacks now is not profit points, but influence."

Tang En's eyes lit up instantly, "Go on!"

West Cotton said: "Actually, as far as Dick Clark Television Production Company is concerned, the income is indeed not too high. Most of the broadcasting fees are distributed to the major award associations. The good news is that the awards for these ceremonies Most of the TV production rights are held permanently, even if you can’t make a lot of money, the advantage lies in stability, high operating security, and stable profit sources.”

Tang En smiled and said: "That's right, with the advent of the media age, the fees for TV broadcasting rights of literary and sports programs will be greatly increased. In a word, with the content, there is nothing to be afraid of!"

West Cotton almost couldn't burst out laughing, and said with restraint: "If this can really happen in the future, it will be the best. Even if it can't, this TV production company will bring great help to Tang En Pictures."

Bill McNick glanced at him and chose to remain silent.

Tang En smiled and crossed his legs, waiting for his explanation.

West Cotton said slowly: "The movies produced by Tang En Pictures are very exciting and very good-looking. There is no doubt that we have Director Walker, which is a nuclear weapon. However, for the brand of Tang En Pictures, it is far from It’s not as well-known as the movies we produced. Let alone compared to giants like Disney and Warner, even Columbia, which is now being suppressed by Sony Pictures and is about to disappear, our influence cannot compare.”

Bill McNick nodded and said, "Naturally, Tang En Pictures has only been around for a few years, and those companies have existed for almost a hundred years!"

"So, we are not afraid of competition from movies, but the competition from film companies, our influence is still far behind. "Spider-Man" can beat "60 Seconds" and "Titan A.E.", but Twain Pictures wants to beat Fox and Disney must quickly increase its influence."

West Cotton's words almost reached the hearts of Tang En and Bill McNick.

Regarding the discussion of this influence, the two had often communicated before.

If Tang En Pictures' influence is not enough, then even if they have money, it is impossible to complete the acquisition of Universal Pictures. If it is a forced acquisition, it is likely that the executives will leave collectively just like Columbia Pictures did back then.

Moreover, if Tang En Pictures' influence is not enough, when there are conflicts with companies like Fox and Disney, third-party companies will definitely choose the opposite of Tang En Pictures. For example, Mattel chose to cooperate with Disney and gave up Tang En Pictures.

In order to improve this situation, Bill McNick's suggestion is to get as many Oscars as possible!

Use Tang En's personal reputation to increase the influence of Tang En Pictures.

This path...is not easy, at least Dunn has not won any Oscars so far.

Now, West Cotton has come up with a new idea.

TV production!

Really creative!

Tang En and Bill McNick looked at each other, both showing some admiration and surprise.

Just imagine, if the award ceremonies of the Golden Globe Awards, the American Music Awards and many other awards are marked with the traces of Tang En Pictures, then how can this influence not expand?

More importantly, this is a TV production company that not only produces award shows, but also reality shows!

For Tang En, who is so foresighted, this is simply a blessing from God!

"American Idol", "The Voice", "America's Next Top Model", "Super Weight Loss King", "America's Got Talent", "Dance King", "Wisdom and Braveness"...

Well, Tang En shouldn't think too much about this kind of reality show idea that exploded in ratings and became popular all over the world.

"Okay, West, you are the person I want to find!" Tang En waved his hands, stood up, and said seriously, "The proposal to acquire Dick Clark Television Production Company is very good and necessary. Bill, please work hard." , you are responsible for this matter."

The acquisition of a private company is relatively simple. Dick Clark Television Production Company is a listed company, and the acquisition procedures are complicated. As the vice president of West Cotton, he is responsible for the acquisition of such a large project, and he does not have enough authority.

Moreover, Twain also thought about it. It would be busy for him to be the vice president of Twain Films as well as the assistant to the CEO.

Twain now has an assistant, George Paxton, but this is his personal assistant and does not involve the business of Twain Films.

He now needs a business assistant, a little secretary like Isla Fisher, who can serve tea and water to warm the bed, but at most can write books and make creative suggestions, but he still lacks this ability.

Even as the company grows larger in the future, Tang En will have more than one assistant in charge of business.

Bill McNick nodded and looked at West Cotton with more and more appreciation.

Really proud!

"What's the third takeover offer?"

Bill McNick's question also aroused Tang En's curiosity.

Obviously, in terms of the strategic development of Tang En Pictures, even though West Cotton only obtained relevant information through some superficial materials, his suggestions were far more excellent and advanced than Bill McNick.

"The first acquisition was the film industry, the second acquisition was the television industry, and the third acquisition... was the animation industry."

"Animation industry? What?"

"Pixar."

"puff!"

Tang En couldn't help laughing out loud.