Chapter 524 New Universal
After Universal Pictures was acquired by Vivendi, many departments were spun off, and the game department, network department, TV station, and music department were successively cut off.
But even so, Universal Pictures is a large film company after all, and its scale is far beyond that of Tang En Pictures.
The film section of Dunn Films, this year, "Juno", "Saw 2", "Resident Evil", "Spider-Man 2", "Pirate League: The Curse of the Black Pearl", "Signs", "The Viceroy of New York" ", "Harry Potter and the Sorcerer's Stone" and other movies, it is estimated that the net profit will exceed 1.5 billion US dollars, far exceeding the global!
If you count the peripheral output of these movies in the next few years, the income will be even more.
But the scale is not at the same level at all.
Especially for the content of TV programs, the production time of Universal Pictures is three times that of Tang En Pictures, but the rate of return is slightly lower.
After Tang En had a deep understanding of Universal Pictures, he also understood why Universal had far more executives than Tang En Pictures.
He was surprised by the complexity and huge scale of Universal Pictures!
And that's just Universal Pictures!
Plus Pixar, USA Television Network, Blizzard, Netflix, Houghton, Mifflin Press, imax, Marvel Pictures, Dolby Laboratories, Rose Pictures and other assets...
With such a large scale, don't say that Dunn doesn't want to participate in the management, even if he manages it, he will definitely not be able to manage it!
There must be a master to check the overall situation!
"Looks like it's time to speed up the Barry Diller thing."
Tang En remained calm, but he had a firmer thought in his heart.
The next day, Tang En and his team inspected Universal Music, Blizzard and Netflix.
On the third day, I flew to Boston to inspect Houghton Mifflin Publishing House, and returned to Denver, Colorado in the afternoon.
Here, is the headquarters of USA Television Network and STA Television Network.
Barry Diller's work center, also here!
On the flying Boeing 747, Tang En was having a secret conversation with Jack Welch.
During this time, other people also found out.
Whether it was his close partner Bill McNick, his business assistant West Cotton, or the young and beautiful Tosca Musk, it was difficult to speak in front of Tang En.
This is a sensitive period, and there are serious hidden dangers of power struggle.
These few executives of Tang En Pictures are all veterans who fought with Tang En.
But qualifications are not the same as ability.
It is impossible to only look at affection in the market.
Tang En must find one or two managers who are good enough for the new company after the merger!
As an outsider and a senior in the business world, Jack Welch is best able to provide Dunn with suitable advice.
"I communicated with Barry Diller, and I can feel his desire for the entertainment industry." Jack Welch glanced at Bill McNick in the distance, and couldn't help shaking his head.
In the past few days of inspection, Bill McNick's behavior of fighting for power is too obvious.
Don't look at Tang En's reticence, but silence is dissatisfaction.
Jack Welch went on: "Compared to Bill, he has a lot of experience and ... he is smarter and more disciplined. He has a high moral standard and good taste. He is a creative manager. , the biggest problem...he has no family, which may cause quite a disturbance."
Back then, it was Barry Diller who led Michael Eisner and Jeffrey Katzenberg to save ABC and Paramount successively.
As a result, Disney chose to extend an olive branch to Michael Eisner and Jeffrey Katzenberg instead of Barry Diller at a critical juncture.
The biggest reason is that Barry Diller's "gay" status does not conform to Disney's brand image.
Tang En laughed and said, "Comrade? I don't think this is a problem. You don't have to hatch chicks to prove that they are good eggs!"
Jack Welch couldn't help laughing, and said: "The matter of Diller can be resolved after getting off the plane. My personal feeling...it's not a big problem. As long as you can be sincere in the treatment, after all, his current e-commerce , It’s not bad.” Jack Welch said seriously.
Tang En waved his hand grandly, "In terms of remuneration, it's easy to say! I will personally take out 2-3 million shares and transfer them to him at the price of the original shares. This is enough to meet his performance salary in the interactive company!"
After the merger of the new company, Tang En Pictures' valuation will be at least 28 billion US dollars, and the price per share will exceed 30 US dollars.
Tang En transferred 2 to 3 million shares to Barry Diller at the original stock price of $10. This transaction alone was enough to make up for all the losses Barry Diller suffered from quitting!
Jack Welch smiled, "But... the new company after the merger cannot be called Tang En Pictures."
Tang En said: "I know, we need to add elements of 'Universal'."
This truth, Jack Welch has told him many times.
In the business world, many times, the brand is more important than the product.
This is the leading law in business.
Products without a brand, even if they are of higher quality and cost-effective, can hardly compete with branded products.
"Universal" is undoubtedly an iconic brand in the entertainment industry!
Vivendi acquired the Seagram Group in 1999 and immediately changed the name of the group company.
Call Vivendi-Seagram Group?
Wrong, called Vivendi Universal!
You know, Universal at that time was just a small company under the Seagram Group.
The importance of the brand can be seen.
Jack Welch glanced at Tang En, "Compared to Universal Pictures, Tang En Pictures lacks in assets, qualifications, and reputation after all. Adding the element of 'Universal' to the name of the new company will benefit The staff at Universal Pictures and Universal Music are enthusiastic. Have you thought of a name? Dawn Walker & Universal Entertainment?"
Tang En couldn't help but smiled wryly, "Mr. Welch, isn't that a mouthful? Didn't you tell me? One of the main points of the Law of Focus is simplicity and clarity. Dunn Walker & Universal Entertainment, the name is really neither fish nor fowl. I wanted a name for the new company that was simpler and easier to remember."
Jack Welch couldn't help flashing a little appreciation in his eyes, "So? Do you have a new idea?"
"In the past few years, Tang En Pictures has developed very well, but I also know that compared with century-old brands such as Paramount, Disney, Warner, and Universal..." Tang En sighed softly and shook his head, " I was still unconvinced at the beginning, but now I have thought about it. As long as it is my company and my name, it will definitely be deeply written into the history of Hollywood!"
The color of admiration in Jack Welch's eyes was even more, "Indeed! Comcast is so big, but why is it called an upstart? It's because of the brand! You now have the 'Universal' label , don't waste it."
Tang En took a deep breath, "So, I have already decided that the name of the new company will no longer use elements of 'Dawn Walker', but directly use 'Universal', and it will not be called an entertainment company, the layout is too small , called the 'New Universal Group'!"
"New Universal?" Jack Welch paused slightly, with a smile on his face, "Well, very good!"
Then, he whispered softly: "New order, new model, new power, new global, new Hollywood..."
...
The plane landed in Denver.
Under the recommendation of Jack Welch, Tang En met the famous Barry Diller.
He was indeed very old, and his few strands of hair had also turned white.
The wrinkles on the face are full of the wind and frost of the years.
But Tang En saw in it the passion and drive no less than that of young people.
His eyes are still active, his expression is still bright, and his face seems to record the development of Hollywood for decades.
"Mr. Diller, I grew up hearing your stories. You are a true Hollywood legend."
Tang En enthusiastically reached out his hand.
Barry Diller smiled heartily and praised sincerely: "Young man, your story is more legendary than mine!"