Chapter 249: The Development of Media Groups
After leaving the hospital, Henry prepared to send Helen home.
Henry consulted Helen about her work, and while in the car, Henry asked, "Where do you like to work?"
Helen didn't answer immediately, she thought for a while before she said, "I want to go to Galaxy Film Company and start as an assistant!"
"Okay, no problem!" said Henry with a smile, "Actually, it doesn't matter if you are an assistant, you just went and you don't understand anything." It's just right to get familiar with the company's business and understand the company's operation, and then I'll give you a promotion!"
"Hmm!" Helen replied with a nod.
"Don't worry, I'll tell Bobby Robin, CEO of Galaxy Films, to let him take care of you a little more, and no one in the company will dare to bully you!"
Henry sent Helen home and then called Bobby Robin.
"Bobby Robin, I'm Henry Williams!"
"Hello, chairman, what's the matter?"
"Well, a little thing. My girlfriend is going to work at Galaxy Films, you can arrange it tomorrow!"
The chairman's girlfriend is coming to work in the company?!
Bobby Robin was a little surprised, but quickly reacted and replied, "Okay, no problem!"
After speaking, Bobby Robin thought of something again, and hurriedly asked, "Chairman, what job should I arrange for her?"
"Assistant to the CEO!"
Bobby Robin was stunned at this moment, he was actually working as an assistant to himself, can he still command well?
"What's the problem?"
"No, no, no, no problem. I just wonder, why doesn't the chairman just arrange a better job?"
"This is her own request, although being an assistant is a little tiring, but it can train people!" Henry shook his head.
"Well, then I see! Oh, by the way, Chairman, Galaxy Pictures is going to buy a studio for expansion! You know. With the popularity of "Jurassic Park", the first impression of our Galaxy Film Company to the public is that it is a big production, and the movie it makes must be a very shocking movie! If it still distributes some low-budget movies from other companies as before. It will inevitably lower the height of our Galaxy Movie brand! Therefore, the company decided to rebuild another brand and use it exclusively for the release of some low-budget films or literary films!"
"That's good, do you have a goal now?"
"Yes, we've got two targets!" said Bobby Robin. "One is Miramax Films, and the other is New Line Films!"
These two companies, Henry is not a stranger, they are both very famous independent production and distribution companies!
Miramax Pictures was later acquired by Disney, and New Line Films was later acquired by Time Warner, both of which were acquired in 1993! Miramax Films was responsible for distributing more artistic or less popular niche films, while New Line Films was mainly for American colleges and universities to distribute European and local low-budget horror films!
For now, it's good at it.
However, Henry knew that Miramax Films would form Timmen Films in 1993. It also specializes in shooting and distributing low-budget horror films. So, on the whole, Miramax Films is the most suitable acquisition target.
Bobby Robin didn't know that Henry knew more about the two companies than he did, so he patiently introduced him.
"Miramax Films was founded by the Weinstein brothers, two talented men who have a proven track record in the independent film industry. Some of their small-scale films have achieved unprecedented success and have made independent films a trend in Hollywood and the world film industry, and the big studios have not dared to underestimate independent films ever since...... In 1990, New Line Films became an independent film distribution company with wide influence after the success of the Hong Kong Golden Harvest film "Teenage Mutant Ninja Turtles" that it dared not distribute from FOX Fox!
"They seem to be better with the acquisition of Miramax Films! I've heard about the Weinstein brothers. Talent indeed!" Henry said after a moment's consideration.
Bobby Robin also said: "The majority of the company's management is also inclined to buy Miramax!"
"Well, if you want to buy it, hurry up, maybe we are not the only film company that has a fancy for Miramax!" Henry reminded.
"We haven't heard any news at this time that any company wants to buy Miramax Films!"
"Just because you don't have it now doesn't mean you won't have it in the future, everything is changing rapidly. Acquisitions must be carried out vigorously!!"
"Yes, Chairman!" replied Bobby Robin, "and tomorrow, I'll make a bid for Miramax!"
"Well, that's it!"
With that, Henry hung up.
Then. Henry feels that time is getting shorter and shorter, and in the next few years, Hollywood will change, and there will be a huge media group behind the six major studios!!
In 1995, Disney acquired ABC, one of the three major television networks in the United States, and then also won the world's largest and most influential sports station, ESPN.
In 1995, Time Warner acquired the famous American Cable Television Network (CNN) and its parent company, Turner Broadcasting Company, and then became the world's largest media group at that time! Ted Turner, the founder of Turner Broadcasting Company, finally appeared on the cover of Time Magazine's Person of the Year in 1991 because of CNN's influence, and was a well-known media tycoon in the United States! CNN's development speed simply made the three major American television networks a headache and regarded it as a fierce rival! In addition to these, Time Warner invested in HBO and cinemax cable TV as early as the seventies and eighties, became one of the important shareholders, and then gradually increased its stake to achieve full control!
In 1994, Sumner Rayshidong's Viacom Group acquired Paramount and Pepsi, the world's largest film and video distribution company. Subsequently, in 1999, Viacom acquired CBS, one of the three major television networks in the United States. In addition, the well-known MTV cable music network is also a subsidiary of Viacom Group!
In the early '90s, media magnate Rupert Murdoch's News Corp. was already building the FOX television network, and Twentieth Century Fox was bought by News Corp. back in 1984!
And Universal has also been acquired by Seagram, a Canadian brewing giant. However, in a few years, the company will be sold to Vivendi Group, and after Vivendi Group bought the global company, it has rapidly developed into the world's second media across multiple industries!
Behind Columbia Pictures is Sony Pictures Entertainment, as for MGM Pictures, it has declined and will be swallowed up by Sony Pictures Entertainment in the future.
If Galaxy Film Company does not have the backing of a TV station, no matter how strong it is, it cannot compete with other film companies!
And mergers between TV stations have also occurred frequently in recent years. Especially in 1995, Disney acquired ABC and Time Warner acquired Turner Broadcasting, thus establishing the status of a media giant!
……
(To be continued.) )