Chapter 524: New Globe
After Universal Pictures was acquired by Vivendi, many departments were divested, including the game department, the network department, the TV station, and the music department.
But even so, Universal Pictures is a large film company after all, and its scale is far from being comparable to that of Towne Pictures.
In the film sector of Down Pictures, this year's "Juno", "Saw 2", "Resident Evil", "Spider-Man 2", "Pirate League: The Curse of the Black Pearl", "Omen", "New York Vice", "Harry Potter and the Philosopher's Stone" and other movies are expected to have a net profit of more than $1.5 billion, far exceeding that of Universal!
If you count the peripheral output of these films in the next few years, the income is even more.
But the scale is not a level at all.
In particular, the length of TV program content produced by Universal Pictures is three times that of Down Pictures, but the rate of return is slightly lower.
After Don got to know Universal Pictures in depth, he also understood why the number of executives in Universal far exceeded that of Don Pictures.
He was amazed at the complexity and sheer size of Universal Pictures!
And that's just Universal Pictures!
Plus assets such as Pixar, USA Network, Blizzard, Netflix, Holden, Mifflin Publishing, IMAX, Marvel Studios, Dolby Labs, Rose Pictures, and more......
With such a large scale, not to mention that Don En doesn't want to participate in management, even if he manages it, he will definitely not be able to manage it!
There must be a master to check the whole thing!
"It seems that it is time to accelerate the promotion of Barry Diller. ”
Don was silent, but he had a firmer thought in his heart.
The next day, Don and his entourage inspected Universal Music, Blizzard, and Netflix.
On the third day, we flew to Boston, inspected the Holden Mifflin publishing house, and in the afternoon, we returned to Denver, Colorado.
This is the headquarters of the USA Television Network and the STA Television Network.
Barry Diller's work center is also here!
On a flying Boeing 747, Donn is having a secret conversation with Jack Welch.
During this time, others also found out.
Whether it's close partner Bill McNick, his business assistant West Cotton, or the young and beautiful Tosca Musk, it's hard to talk in front of Donn.
This is a sensitive period, and there is a serious hidden danger of fighting for power.
These executives of Tang En Pictures belong to the veterans who fought with Tang En.
But seniority is not the same as competence.
It's impossible to just look at feelings in the mall.
Don had to find one or two good enough managers for the new merged company!
Jack Welch, as an outsider and a senior in the business world, was best able to give Donn the right advice.
"I spoke to Barry Diller and I could feel his desire for the entertainment industry. Jack Welch glanced at Bill McNick in the distance and couldn't help but shake his head.
In the past few days, Bill McNick's struggle for power has been too obvious.
Don't look at Don't say anything, but silence is dissatisfaction.
Jack Welch went on to say: "Compared to Bill, he's experienced and ...... He's smarter and more disciplined. He has a high moral standard and good taste. He's a creative manager, and the biggest problem is ...... He doesn't have a family, which may cause a lot of trouble. ”
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 the moment of crisis.
The biggest reason is that Barry Diller's "gay" identity does not conform to Disney's brand image.
Don En smiled: "Comrade, I don't think it's a problem, you don't have to hatch chicks to prove that they are good eggs!"
Jack Welch couldn't help but laugh and said: "Diller's matter, after getting off the plane in a while, can be solved, my personal feelings...... Not a big problem. As long as you can be sincere in terms of treatment, after all, his current e-commerce is not bad. Jack Welch said.
Tang En waved his hand magnificently, "In terms of treatment, it's easy to say! I will personally take out 2 million to 3 million shares and transfer them to him at the price of the original shares." That's enough to pay for his performance at Interactive Inc.!"
After the merger of the new companies, the valuation of Tangen Pictures will be $28 billion, to say the least, and the price per share will exceed $30.
Don transferred 2 million to 3 million shares to Barry Diller at the original stock price of $10, and this transaction alone is enough to make up for all the losses of Barry Diller's job hopping!
Jack Welch smiled, "But...... The new company after the merger cannot be called Down Pictures. ”
"I knew I was going to add the 'universal' element. ”
Jack Welch had told him this many times.
In the business world, many times, the brand is more important than the product.
This is the law of leading in business.
Without a branded product, even if the quality is higher and the cost performance is better, it is difficult to compete with the branded product.
"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.
Called Vivendi-Sigram Group?
Wrong, it's called Vivendi Global!
You know, at that time, Universal was just a small company under the Seagram Group.
You can see the importance of branding.
Jack Welch glanced at Donn, "Compared with Universal Pictures, Don Pictures lacks assets, qualifications, fame, etc. The addition of the 'Universal' element to the new company's name is conducive to the enthusiasm of the employees of Universal Pictures and Universal Music. Have you figured out a name? Donn Walker & Universal Entertainment?
Donn couldn't help but smile wryly, "Mr. Welch, this is too awkward, isn't it? Didn't you tell me? One of the main points of the law of focus is conciseness and clarity. Donn Walker & Universal Entertainment, the name is really nondescript. I wanted a new company name that was more concise and easier to remember. ”
Jack Welch's eyes flashed with appreciation, "So, 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, ......" Don sighed lightly and shook his head, "I was not convinced at first, but now I have thought about it." As long as it's my company and my name, it's going to be deeply written into the history of Hollywood!"
Jack Welch's eyes were even more appreciative, "That's true! Comcast is so big, but why is it called a nouveau riche? It's because of the brand! You now have the 'Universal' label, you can't waste it." ”
Don took a deep breath, "So, I have already decided that the name of the new company will no longer use the element of 'Don Walker', but will directly use the name of 'Universal', and it will not be called an entertainment company, the pattern is too small, it will be called 'New Globe Group'!"
"New Universal?" Jack Welch paused slightly, his face smiling, "Well, very good!"
Then, he whispered: "New order, new model, new power, new Universal, new Hollywood......"
……
The plane landed in Denver.
Under the recommendation of Jack Welch, Don met the famous Barry Diller.
He was indeed very old, and the few strands of hair that had turned white had also turned white.
The folds on his face are full of years of wind and frost.
But Don saw in it a passion and momentum that was no less than that of young people.
His eyes are still flexible, his look is still bright, and his face seems to record the development of Hollywood for decades.
"Mr. Diller, I grew up listening to your stories. You are a true Hollywood legend. ”
Don enthusiastically took the initiative to reach out.
Barry Diller smiled heartily and admired sincerely: "Young man, your story is more legendary than mine!"
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