Chapter 983: The Rising Discovery Channel

The year 2004 has come to an end.

The media in the United States have also carried out various reviews of the major events that have occurred in the past year, as is customary.

The same is true for New Globe.

In the past year, New Globe has done four major business events: in the first quarter, the acquisition of Discovery Communications, in the second quarter, the establishment of the New Globe chain of stores, in the third quarter, the launch of the Harry Potter theme park project in Liverpool, and in the fourth quarter, the completion of the acquisition of Prada and the official entry into the fashion industry.

In addition, there are a few small things, such as the launch of Facebook, such as the official release of the online game "World of Warcraft", such as Dolby Laboratories launched the research and development of high-definition DVD players, such as "Charlie and the Chocolate Factory", "Harry Potter 4", "Daredevil 2", "The Avengers", "King Kong", "The Da Vinci Code" and many other commercial blockbusters have started shooting.

Among them, the most significant achievement is the discovery communication company.

Ever since Donn poached Jeff Zucker from NBC and put him at the helm of New Universal's television and media division, he has been ambitious and bent on making the television media division the number one department with the highest revenue in New Universal.

STA TV network has achieved amazing results, but after all, it is a strictly restricted professional cable TV station, the subscription fee is too high, and the audience base is not wide, so far, with the spring breeze of the American drama "Warcraft" and the online game "World of Warcraft", the number of member users has successfully exceeded the 30 million mark.

However, compared with those large TV networks with nearly 100 million users, the scale is still too small.

USA TV Network is a basic cable network, which is a cheap channel with 57 million subscribers, more revenue than STA, but low profits, and relatively mediocre overall performance.

So, Jeff Zucker tried his best to persuade Donn to buy Discovery Channel, a television network with world-class potential, at all costs.

Donn agreed, and in the end, New Globe won Discovery Communications for about $3.6 billion.

Jeff Zucker hired his old subordinate, David Suslav, from NBC to run Discovery Communications.

Over the course of a year, excellent results have been achieved.

It is preliminarily estimated that the pre-tax profit of Discovery Communication Channel this year will reach 1 billion US dollars, compared with last year, the profit has increased by 60%!

Among all the direct divisions and subsidiaries under the New Globe umbrella, the profit growth is the highest!

This is thanks to the management of Jeff Zucker and David Saslav, as well as New Universal's strong channel resources around the world. Another point I have to admit is that the past exploration and dissemination and management strategy were wrong.

It's obviously a golden phoenix, but every day I want it to lay eggs in the chicken coop, isn't this a tyrannical thing?

Only by handing over the communication of exploration to New Globe can we reach our full potential.

As the most prominent manager of the New Globe Group of the year, David Saslav was invited by Donn to bring him from Maryland, the headquarters of Discovery Communications, to Los Angeles.

"David, it's right to leave the exploration spread to you!"

Jeff Zucker led David Saslav to Donn, and Donn took the initiative to go up and shake hands with him warmly.

This was the second time David Saslav had met Donn, the first time when he took up his role as CEO of Discovery Communications, and he gave him some encouragement.

"Thank you. ”

"Let's go, a new Italian-style canteen has opened in the headquarters park, let's go taste it. ”

Don usually eats in his office area.

There are special restaurants and chefs here, and there are very few such "going to the countryside" activities that are fun with the people.

Don took David Saslav through the market this time, with the obvious intention, that is, to recommend this middle level of the group who works in the marginal city to every high-level executive.

Don's attitude of praise is obvious, along the way, he will nod, smile or wave to the employees passing by, "David, are there any requirements for treatment?"

David Suslav smiled stiffly.

Of course there are requirements!

It took him less than a year to create a framework for exploring the future of communication, and he also delivered an amazing report card.

How can that meagre $1.2 million annual salary match his grades?

"I hope ...... Ability to hold shares in some companies. ”

The Americans have never concealed their pursuit of their own interests.

Don nodded, indicating that he understood.

New Globe is a private company, and it is a traditional company, so theoretically there is no need for option awards, which is a strategy that Silicon Valley high-tech companies focus on without paying high salaries, using stocks to motivate employees to work hard.

This is certainly a good management strategy that can bring out the best in your employees.

This is also the reason why companies in Silicon Valley are more dynamic than other traditional enterprises. So much so that over the years, many traditional enterprises have begun to gradually carry out option awards.

However, Hollywood doesn't talk about this.

Hollywood's practice is to only give dividends, not stocks.

Love to do it, don't do it.

Hollywood is at the top of the industry, and the style is very domineering.

Don smiled, "Not surprisingly, in the summer of 2006, New Globe will be listed, and the location should be on the NASDAQ." Before that, the group will give the employees a final allotment of shares, so that some employees who join later can get the benefits they deserve. ”

"Really?"

David Saslav was pleasantly surprised.

Once there is a new round of allotment within New Global, with the results he has made...... His share is not even worse than that of the presidents and vice presidents of the group.

Jeff Zucker, who was walking aside, said with a smile: "The bill has been passed, and the allotment of 13 million shares will be completed by February next year." It's not a subscription, it's a gift. ”

When it was still Tangen Pictures, there was a private placement, and the shares at that time were bought by employees with money. With that money, Donn completed a shocking acquisition of Universal Pictures.

Fortunately, the price was not expensive at that time, and the old employees subscribed, including many Hollywood stars, and they were also actively involved, such as Leonardo, Nicole Kidman, Kate Winslet, Mel Gibson and others.

Now that New Global is not short of money, there is no need to squeeze the wealth of its employees.

Besides, even if you subscribe, employees can't afford it!

At the current valuation of New Global, one share is valued at more than $120, and 1 million shares are $120 million!

Who can afford it?

Prior to the new global listing, a massive internal reward was conducted. It can be regarded as distributing the dividends of New Globe's rapid development in recent years.

New Globe has more than 310,000 employees around the world. The main reason is that there are too many employees of Universal Music, Universal Studios, Universal Distribution and Universal Store, and they, the low-level employees, of course, can't get any shares.

The allotment is mainly for management.

13 million shares, estimated at the current market price, is more than $1.5 billion!

David Saslav was thrilled.

With his results, not to mention getting 1 million shares, 500,000 shares is always possible, right? That's worth $60 million, and once New Global goes public, it is likely to double immediately!

This is faster than going to Silicon Valley to start a business!

At this time, Tang En had already walked out of the Tang En headquarters building, and happened to pass by two young and beautiful female employees, one was very timid, and the other boldly took the initiative to say hello, and threw him a big wink, and the flaming red lips were very delicate.

Don nodded and smiled at them, didn't say much, just turned his head to David Saslav and said, "The allotment is only the first step in the reward. After the completion of the allotment, the group will make a large-scale dividend before March, and the scale will not be less than $5 billion. ”

Now, the total shares of New World are 987 million, and counting the 13 million new bonus allotments, it is a total share capital of 1 billion.

If David Saslav can really get a 500,000 rights issue, then this time with a $5 billion dividend reward, he will be able to ...... Get a $2.5 million dividend for nothing!

It's so cool!

In particular, Tang En's decision to issue shares first and then dividends, rather than dividends first and then allotments, will allow more people to enjoy the rights and interests of this dividend.

This boss is really angry!

Of course, if he knew how much cash Tang En would have received through this dividend, he would have lost his soul in shock.

……

At this meeting, of course, the main talk was about work.

At the end of the year, David Saslav will report to Don En on his business, summarize the work of the past year, and make a conceptual statement on the future development of the Discovery Channel.

"First of all, in terms of managing every TV channel, I changed the way I used to manage it with advertising sales talent, and I chose to let creative talent replace them. Only then will they make creating a brand, engaging an audience, and producing the best content a top priority in their work. ”

"In this regard, I admire Mr. Welch's 'undemocratic' management style, which only tilts resources towards those high-performing channels and programs, while others are only abandoned. I think there's a virtuous cycle of discovery and communication right now, where companies can invest more money in content, because good content is more likely to get great returns. ”

David Saslav's statement is not new, and even a bit of an exaggeration.

Donn often brings up the idea of valuing creative talent at high-level meetings, and the success of the STA television network is a prime example. As for the "undemocratic" investment method, Jack Welch has also advocated and elaborated on many occasions in the internal meetings of the strategy committee.

Jeff Zucker interrupted him, "Talk about the details, your execution process." ”

David Saslav put down the pasta that had been rolled with a fork, his face unchanged, but his heart was terrified.

Sitting across from him was Donne's big boss...... Eating noodles with chopsticks?

He even knows how to use chopsticks!

It's amazing!

"Ahem...... Then I will talk about two examples, one is the ban on the Discovery Times channel, and the other is the reform of the Discovery and Learning Channel for the domestic market of the United States and the Discovery Travel and Life channel for the overseas market. ”

It is clear that David Saslav is very skilled in business.

It's easy to get started.

。 Nine Heavenly God Emperors