Chapter 995: Netflix Acquires ......

Miramax has performed very well in the film and television market in recent years, and if you add the revenue of MGM's "The Hobbit" and "007" series of movies, it is likely to become the highest-grossing company in the United States at the box office. However, MGM lacks IP resources and its subsequent development is weak, and if it does not have a good operator, it is likely to disappear into the dust of history with the passage of time.

Although the development of streaming media has made the price of film and television copyrights much higher, it is certain that with the increase of self-made film and television programs in streaming media and the change of time, the value of these old film and television works will decline year by year. Especially when VRAR can profoundly affect film and television production, traditional film and television works may no longer have any role except IP value.

The current MGM is like a piece of chicken ribs to Miramax, and it is a pity to discard it if it is tasteless. However, due to the protection of his own equity and the limitation of funds, Zhou Shi was inclined to give up.

"What, what did you say?" the coffee in Zhou Shi's mouth almost squirted

"I want to buy Miramax, Netflix is a perfect match for it!" Hastings said with a serious face

"Why didn't you say it earlier, the equity in my hand ......" Zhou Shi, he didn't expect Hastings to make such a request, even if it was actually something he had imagined many times before.

"I'm sure it's not a problem, as long as Simon supports me, it's not hard to solve!" Hastings

"Why did you buy Miramax?" Zhou Shi wondered

"If Netflix wants to develop, it must vigorously develop self-made dramas, but the accumulation of experience in this area cannot be solved with money. Miramax is the most innovative film and television company that has developed over the years!"

"But Miramax has a market capitalization of more than $15 billion!" Zhou Shi

"Netflix has a market capitalization of close to $50 billion! And I don't think that price can be maintained for long. "Hastings

The market value of media companies is generally not high, Lionsgate's market value does not seem to exceed 10 billion US dollars, Mira's acquisition of DreamWorks Animation, even with the support of Huaxia and Indian capital, does not have its own TV network, unlike Warner, Disney and other large groups, with their own TV networks and smooth distribution channels. To put it bluntly, Miramax's film and television peripheral income ranks behind the six major Hollywood companies, which is also the reason why the cooperation between Mira and this cinema has been upgraded after Wanwangda acquired AMC, and it has not been pulled down too much.

Miramax amp; It is certain that DreamWorks Animation is not worth $20 billion, even if it is $15 billion, it still values the development potential, because under Zhou Shi's arrangement, Mira has established a lot of self-media, operating on Facebook, Twitter, Yahoo Toutiao, and has made a lot of contributions to the promotion of its film and television works. And with the development of Toutiao's revenue plan and revenue sharing plan, self-media creators are becoming more and more popular. As an experienced veteran, Miramax not only developed his own self-media, but also invested in the acquisition of many self-media individuals and teams.

Therefore, whether Miramax is worth $15 billion or not, in addition to the level of film and television creation and revenue, we must also refer to the profitability of self-media. Some people think it's worth it, some people don't, who knows?

However, the film and television industry has changed drastically, ATamp; T took over Yahoo's acquisition of Warner Group, Murdoch's 21st Century Fox planned to acquire British Sky TV, Verizon acquired AOL, and Time acquired Times Group, changes are happening every day. After all, there will only be a few who can set the right pace.

Hastings wants to buy Miramax, which will undoubtedly form a giant company, causing a violent impact on the entire industry, and if it is not for the acquisition of DreamWorks Animation, Zhou Shi still has the confidence to promote the merger of the two companies. But now a public company, Jeffrey Katzenberg of DreamWorks Animation has joined the new company as one of the top leaders. Zhou Shi's voice in it has weakened a lot, although he has a veto power, but he can't decide everything.

"I can give you some help, but you have to go to the specific negotiations yourself, I don't think they will agree to be acquired!" Zhou Shi said directly

"It's possible to disagree, but if you agree, you can form a Hollywood giant that can compete with Disney. "Hastings

"Aren't we an Internet company?" said Zhou Shi

"yes, but at the same time it can be a film and television company!" Hastings

"......" Zhou Shi

Acquisitions are acquisitions, this world does not say that acquisitions occur every day, and it is not much worse, Netflix acquires Miramax and has its own creative department. Undoubtedly, it will bring great benefits to the whole enterprise, and the most important thing for streaming video companies is video resources, which is an unavoidable reality for Internet video companies.

The top management of both companies knew each other, and Zhou Shi did not interfere, anyway, if the management agreed, he pushed for the approval of the shareholders' meeting. It may allow Netflix to exceed $100 billion in market value in a year or two. Wait, it's already 2016, which means that if you don't do anything, Netflix will have a market capitalization of more than $100 billion. So if the two companies merge, will there be a greater miracle?

Zhou Shi doesn't know this, maybe he will indirectly control a media giant that is larger than Time Warner, or he may lose control of the company in various acquisitions. Like 21st Century Fox, they are now buying Sky UK, the UK's largest pay TV station in which they have acquired 39 percent of the shares. Unfortunately, because of the 2011 wiretapping scandal, it fell short, and it was almost impossible to succeed. However, Murdoch still has certain illusions now. This is known from James Murdoch's conversation.

James Murdoch, who was directly responsible for the 2011 World News wiretapping scandal, made him the most unpopular person in the UK. So he fled to New York, and then met Elon Musk and Zhou Shi. He is now an ordinary director of Tesla's board of directors.

"You're still buying Sky TV?" Zhou Shi seemed to hear James talk about it again.

"yes, the industry is changing so fast, and if you don't respond properly, Fox will probably be ......eliminated," said James

"Then some of you are busy!" Musk

"Hey, because of what happened last time, our acquisition of British Sky TV has not progressed for a long time, and we don't know how long it will be delayed!"

"It may not be long......" Zhou Shi said pointedly

"Really?" said James Murdoch

"......" Zhou Shi smiled silently, he was just reasoning

"You mean the Brexit referendum?" James was keenly aware of something, and read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.