Chapter 237: Escort
Terry Semel had already had an idea to leave Warner and join Yahoo!
The reason for the delay in leaving is that some conditions have not been negotiated.
It is estimated that the official resignation will not be until the spring of next year, and there will be half a year to go.
Terry Semel is still the top decision-maker at Warner Bros., and his professionalism dictates that he must stand on his last shift. While safeguarding Warner's interests, it is also necessary to elect a qualified successor.
One is Barry Meyer, vice chairman of the board, and the other is Alan Horn, president.
Alan Horn is an expert in content, and for the past few years, he has been the top head of Warner Bros. filmmaking's business.
Barry Meyer is responsible for the administrative side of management, including business development, channel building, etc., and he has a much richer network of contacts.
Terry Semel prefers to hand over the position of big boss to Barry Meyer, because Warner Bros. is not just a film production company, but also has more family entertainment, TV production, DC Comics and TV stations, and needs more balanced managers.
And in terms of friendship, Terry Semel and Barry Meyer also have a better relationship.
The only problem is that Barry Meyer wasn't in charge of the business of film production, which is the core business of Warner Bros.
Until the other day, Barry Meyer and Michael Ovitz met and proposed an extremely constructive way of working together.
Platter investment in movies!
If everything can really be reached as Michael Ovitz said, the last phase of the partnership will be reached, then it will greatly solve the problem of Warner's capital chain and provide the most favorable guarantee for the development of the film business.
Once this business is done, then Barry Meyer will be the obvious choice to succeed him!
Michael Eisner's proposal to carve up Donn Pictures is, of course, attractive. But relatively speaking, it is more valuable to invest in a platter!
To carve up Donn Pictures, they will only get part of the film rights at most, but for old studios such as Warner, Fox, and Universal, there will never be a shortage of creativity and copyrights, and they care more about investment!
Only a giant like Disney, which has a shallow foundation in the field of live-action films, will be determined to acquire several copyrights of Down Pictures.
Terry Semmel did not agree to Michael Eisner, but he was not a hypocentric, he must choose a decision that is more in line with Warner. He called Barry Meyer and asked, "How likely is that?"
Barry Meyer understood what he was referring to from his serious expression, and thought for a moment, "At least eighty percent!"
"Oh?" Terry Semel's eyes lit up.
Barry Meyer nodded, and said meaningfully, "Terry, we must look at Don with equal eyes, even...... Look up at him. ”
Terry Semel glanced at him with some emotion, "You mean...... Behind Michael Ovitz, is it really Donn Walker?"
"I'm sure!" Barry Meyer's tone was very solemn, "the plan for the platter investment is so amazing, it doesn't look like Ovitz at all." Only Donn, who is close to Wall Street and well-versed in business investing, can conceive such a strategy. ”
Terry Semel pondered for a long time, nodded and said: "No matter what, if the platter investment plan can be implemented smoothly, the whole of Hollywood will have to thank Donn, but Disney ......"
Barry Meyer waved his hand, "Don must have anticipated Disney's counterattack, so he came up with a platter investment plan!"
"If that's the case, then this kid is really far-sighted. Terry Semel took a breath, "But we can't just take their word for it, Michael Owitz is too good at negotiating, we need to keep a clear head." Or rather...... Prepare with both hands. ”
The platter investment is the best if it succeeds, and everyone is happy. Even if some companies fail to cooperate with Michael Ovitz in this area, they will definitely go down this path after seeing the benefits of platter investment.
But if the platter investment is a fog and a castle in the air, then they will not be polite.
Anyway, the villains who are behind the blame already have Disney, and they can participate boldly and confidently, suppress Don Pictures with an unprecedented attitude, and divide the benefits.
In short, for these giants, it is definitely a no-loss deal.
"There's only one problem now, and that's holding Disney!" Barry Meyer smiled, like an old fox, "As far as I know, Ovitz has gone to New York, and Donn is also making movies in the East, which is very close to New York. Since they really want to bring in a platter investment plan for Hollywood, we have to create enough time for them. ”
Terry Semel said: "Of course, not only to hold Disney back, but also to make a moderate move to solve some of the worries of Down Pictures." Compared with the small interests of Don Pictures, the platter investment plan is the turning point of Hollywood's fate!"
Barry Meyer said: "At this stage, Disney will definitely do everything to encourage everyone to attack Down Pictures. We have confidence, but we are afraid that some companies are short-sighted and backed by media giants, but only focus on immediate interests......"
He didn't make it clear, but Terry Semel knew that he was referring to Paramount, a subsidiary of the Viacom Group!
Don't look at the relationship between Donn Pictures and Twentieth Century Fox in the past, but this kind of major right and wrong, Fox has absolutely no problem.
Murdoch is an Australian tycoon, and his News Corp. is moving assets overseas to the United States, and has a very long-term macro layout.
Twentieth Century Fox, on the other hand, was also influenced by this line of thinking.
Because enterprises also have personalities, which are closely related to leaders.
And Viacom's Lei Shidong is rough and short-sighted, which is also a common problem of family businesses. The refusal to cooperate with Down Pictures to develop a children's channel can be seen.
Paramount, as a subsidiary of Viacom, really lacks the vision and strategic layout of a Hollywood giant.
When Viacom bought Paramount, Paramount was the largest Hollywood film company at that time, but ten years later, Paramount has long since lost its glory.
In the previous life, Paramount created "platter investment", but Paramount actually wanted to kill investors by operating in the industry and wiping out the income of movies.
For the sake of a little meager profit, he almost made Wall Street and Hollywood fight, and he really didn't have a long-term vision. This directly led to the fact that after that, no more investment institutions were willing to reach a platter investment with Paramount, and the quality and quantity of films produced by Paramount plummeted.
In order to save the film industry from crisis, Viacom urgently acquired DreamWorks, intending to unite with Paramount and regroup.
Unfortunately, within a few years, Viacom had a huge divergence of interests with DreamWorks' shareholders, and DreamWorks broke away from Viacom's rule and turned to Disney.
Viacom's conservative strategy has failed again and again, from a world-class media giant to a company with a market capitalization of just over $10 billion, which is ridiculous.
Over the years, Lei Shidong has led Viacom's strategy of acquisition, reorganization, splitting, and sale, which is even more outrageous than Michael Eisner, and Terry Semel said coldly: "No matter what, Don must be given enough time for two months! Within two months, no one will want to move Don Pictures!"
Barry Meyer empathizes, "The core industry of Down Pictures is movies, and the recently released "Soul Shifting Girl" has a good reputation, and even many film critics have already shouted that it is a strong contender for next year's Oscars. ”
"In that case, we can help him!" Terry Semel paused for a moment, suddenly thinking about something, "By the way, I remember that Donn has been clamoring for a crackdown on Disney at the box office?"
Barry Meyer smirked, "yes, Donne...... In the end, it is a young man, and he can't hold his breath. ”
"Calm down, if he continues to be silent, Down Pictures will be finished!" Terry Semel twitched the corners of his mouth, "Let's wait and see how much of a storm a literary film in Down Pictures can make." ”