Chapter 932: DreamWorks Animation

"Miramax wants to buy DreamWorks Animation, what do you think!" Zhou Shi and Miramax CEO Rob Freman said bluntly after meeting Katzenberg.

"DreamWorks has no intention of selling it at this time. Katzenberg replied unhurriedly and angrily.

Katzenberg worked at Disney in 1984 and was ousted in 1994 by Disney's then-CEO Eisner due to a power struggle. In that year, he co-founded DreamWorks Studios with Spielberg and David Geffen, and achieved great results, producing a series of excellent films. However, under the suppression of traditional Hollywood forces, even if almost all of their works were sold well, the development of DreamWorks was inevitably limited, and the three people had different ideas, and finally parted ways, and Katzenberg's DreamWorks Animation was spun off in 2004 and listed on the NASDAQ that year.

"To be honest, I don't believe it, the film and television industry is facing huge changes, the Internet is violently impacting the market, and without the support of capital, DreamWorks can't last long. It's nothing more than a question of who to sell to and at what price.

Even if we are not the most suitable one, but it will be the most sincere one, the six major Hollywood are shrinking their fronts to cope with changes, and only Miramax, the seventh largest in Hollywood, still maintains a strong enterprising spirit.

If you want to retire at this time, and our advantages are not obvious, then everything will be ...... according to the market" Zhou Shi, the reason why he personally came forward to persuade Katzenberg was mainly because Miramax did not have much friendship with him, which meant that there was no trust. Soon after Disney acquired Miramax, Katzenberg left, and the current Miramax is not the same as it used to be, and the management and employees have changed batch after batch. Not to mention Katzenberg's own resentment towards Disney, which later seemed to have little cooperation. Zhou Shi came forward to use his personal credit to endorse the acquisition.

"Miramax is too complicated......" Katzenberg

"Too complicated?" Zhou Shi looked at Rob Freman suspiciously

"Equity relationship, and Chinese background!" Rob Freman said simply, but the underlying meaning Zhou Shi quickly understood.

Rob Freman's ability is very good, but excellent ability does not mean that he can succeed, just like DreamWorks, he had no chance in his previous life, after the summit was acquired by Lionsgate, although he made a lot of achievements, but it is still only a small role. Zhou Shi gave him a chance, and he proved himself.

"Miramax can go public, it's all by the rules of the game, he's an American company, an American company with a lot of international investors. "Zhou Shi, Samsung's shareholder is mostly international and overseas investors, but Samsung is a South Korean company. The Miramax board of directors is under Zhou Shi's control, but the main management is mostly American.

"So can you repeat what you did at Yahoo?"

"You mean ......" Zhou Shi

"DreamWorks acquires Miramax, or let's merge!" Katzenberg

To tell the truth, Zhou Shi was very moved, his 50 percent stake was not much necessary at all, and controlling an enterprise, with 33.4 percent of the shares, it was enough to hold one veto. More often, because of the dispersion of equity and the securities regulations in different regions, there is no need to retain the right of veto. However, Miramax's CEO is Rob Freman, who is a hero, so Zhou Shi neither refused nor agreed with Katzenberg, and handed over the matter to Rob Freman.

The market capitalization of DreamWorks Animation is not large, only about $3 billion, and it takes about $4 billion to acquire at a premium, but some companies need to consider not only market capitalization, but also social influence. For example, Carlyle's acquisition of Huaxia's XCMG Group is more because Sany has made a stumbling block from it, which has attracted the attention of public opinion.

There is also a difficulty in Miramax's acquisition of DreamWorks Animation, or the merger of the two parties, and that is the question of who calls the shots between Rob Freman and Katzenberg. Katzenberg surpasses Rob Freman in terms of connections and qualifications, and his ability is difficult to say, this is difficult to quantify, and the degree of loyalty will make Zhou Shi lose control of Miramax, this is a problem. Is it important to be a hero or an important talent, will the old employees within the company lose the opportunity for promotion?

In the same way, how does DreamWorks Animation think about it, do they want to develop their position or monetary compensation, how do they integrate the cultures of the two companies? Especially the core of a film and television company is creativity, and it is almost impossible to succeed without excellent talent.

However, mediocrity is afraid of challenges, and talents will embrace challenges, Zhou Shi gave Rob Freman some confidence, and the rest needs to be his own efforts.

"What are your thoughts on the future of Miramax?" asked Zhou Shi after agreeing on the direction

"What I want most is for Miramax to merge with Starlight Films, the largest film and television group in China, and then use the Chinese and American markets to almost certainly become a company comparable to the big six in Hollywood. But there are too many difficulties to do that, and there will be some unknown difficulties that may arise.

The second is to be acquired by Netflix, the video website should be similar to a TV station like ABC, and it may be that the capital and technical traffic have an advantage in the early stage, but in the end, it should still be content. If Rob Freman joins Netflix, I think there will be a lot of hope that the new company will become more than the big six companies in Hollywood.

Then it is to take the traditional road, acquire DreamWorks Animation, or in the future, buy a TV network company, the key is to see how to embrace the Internet and how to expand communication channels. Of course, I'm just suggesting ......" Zhou Shi

I don't know if Katzenberg is satisfied with Zhou Shi's answer, these people are much more cultivated than him, and they easily don't reveal their true thoughts, and only Zhou Shi hasn't learned this trick yet. However, the strength is strong enough to make up for the lack of experience, if you want to deceive Zhou Shi, you must be prepared for a hard rod, not everyone has this guts.

"You said we were going to buy something, we haven't done it for a long time!" Zhou Shi had some ideas after separating from Katzenberg and Rob Freman.

"Yes, the four elephants of the galaxy have more funds now!" Chen Wen immediately responded

"Then I want to think about it, what are the good targets!" Zhou Shi

"But there is no goal, which industries?" Chen Wen

"This, let me think!" Zhou Shi just wanted to shop and let himself release his stress. A woman goes to the mall to shop and buy bags, he buys a company, and the level is different......