654 Polygram & Sigram

Next, he spent a week happily on Lanai Island, during which Li Feng lived in the manor with three pregnant women and the accompanying security, waiting, and medical personnel, including Wang Siqing and several elderly people, who stayed at the Four Seasons Hotel on the island.

I have to say that Lanai Island, which is very private, is really a very good vacation place, without media follow-up, the island scenery is also good, sun, sand, pineapple farm, resort hotel, seaside golf, etc., make people linger.

During this period, Li Feng also took time to visit the old general Zhang who spent his old age in Hawaii, and the old man was in a good mood, and he could go to church every day to worship, and it seemed that he had completely converted to Jesus and the Lord.

After enjoying a short Hawaiian experience, Li Feng had to leave the pleasant scenery of Lanai Island with Wang Siqing, after all, he had such a big career.

No, as soon as he returned to Los Angeles, Barry Diller came to the door with someone.

"BOSS, I'm sorry to bother you with your family on vacation. ”

"Annie, it seems that you have been beautiful again recently, and it is a pity that you are not making your debut in Hollywood. ”

"Barry, Michael, when have you been so polite, sit down!"

“…”

After a brief greeting, Li Feng flipped through the documents handed over from Barry and asked, "Barry, tell me, what is the general situation?"

"Didn't you ask me to pay attention to music companies before, after all, we are a media group, a content provider of film and television, music, and we developed the music market before and acquired Evlive Records, and the current effect is good.

Recently, the music record industry has not been calm, and now the world's largest record company Polygram is facing the situation of being acquired, Canada's Seagram is preparing to buy Polygram, and the two major shareholders behind Polygram Philips and Siemens also have the intention of selling. ”

Hearing Li Feng's question, Barry Diller also directly talked about the general situation.

……

"Oh... In other words, if we want to enter the record industry and become the world's top record label, then this is an opportunity, right?" Li Feng said.

"Yes, if you want to get control of Polygram from the two giants of Siemens and Philips, you need a lot of money. ”

"Seagram, isn't this the Canadian beer company that bought Universal next door, it seems that people have a lot of ambitions and ambitions to enter the entertainment and media industry. Li Feng flipped through the documents and saw the general description of Seagram Company in the document, and immediately sighed with a smile.

"Hehe... As for Seagram, I think it's better for Michael to tell you, that Hegram is the leader of Higram's entry into Hollywood. Hearing Li Feng's self-exclamation, Barry Diller suddenly replied with a smile.

"Uh..."

Faced with Li Feng's puzzled look and Barry Diller's joke, Michael Ovitz, a Hollywood tycoon who has now returned to CAA, suddenly replied embarrassedly: "Hmm... In the 80s, Universal was acquired by Panasonic in Japan under my thread of the needle, but then everyone knows what happened, and finally in the early 90s, I helped Panasonic contact Seagram, which was interested in the media and entertainment industry, and then Seagram bought Universal. ”

"Oh... In this case, Seagram and Michael are old friends. Li Feng also responded with a smile.

"Uh..."

"Haha..."

Facing the jokes of his own boss and the parent company's superiors, Michael Ovitz, a Hollywood tycoon, was also speechless for a while, causing Li Feng and others to laugh.

……

"BOSS, with the rise of the Internet, Polygram's two behind-the-scenes shareholders believe that the next era is digital music, and a long-term depression in the record industry is inevitable. ”

Barry Diller added another explanation of the sale of PolyGram, letting Li Feng know that although PolyGene is now the world's largest record company, but seriously speaking, there are not many suitors, after all, it takes a lot of money to acquire, and the depression of future records is basically predictable, and many media groups are not very interested.

"Yes, the future record depression is predictable, and the rise of digital music is inevitable, so if we buy PolyGram, Barry, how are you going to adjust for the future record industry depression?"

"BOSS, I think that the future of record companies to purely sell records is obviously outdated, with the development of the times, the future of digital music may become the mainstream, then the record company must also follow and cater to the mainstream, the record may be depressed, but after all, the record company is the provider of music content.

As long as human beings still need music, there are always new opportunities for record companies, such as we can make our own music websites, provide digital music downloads, and provide copyright cooperation with all music websites on the Internet.

I think these are all new revenue models in the new era, as long as we can provide stable and high-quality music content, there are always new markets waiting for us to explore. ”

Listening to Barry Diller's tirade, Li Feng, as a reborn person, laughed in his heart, the situation of the record company in later generations, although Li Feng in the previous life was not an industry insider, but the general situation has always been heard, after all, it has become a fact that the records in later generations cannot be sold.

But to say that the record companies of later generations will not make money, it is impossible, as Barry said, the record company, as a provider of music content, has no record sales, but in the new era, there will always be a new market, unless human society does not need music as a form of entertainment.

Those singers don't all make a lot of money, since even the singers make money, there is no reason why the company behind the scenes will not make money, but the form of making money has changed from mainly relying on record sales in the past to various new forms in the future, such as new revenue models such as digital music copyrights.

……

"Do you know where Seagram and Polygram have come into contact, will it be too late for us to intervene at this time?"

Li Feng really has a heart for the record company, as a figure who aspires to become a global entertainment tycoon, so how can there be less music in the media group, and he has also acquired several record companies before, which can be regarded as a career, but compared to global record companies like Polygram, the previous acquisitions can only be regarded as a small fight.

"Boss, as far as I know, they're just getting started now. Michael Ovitz chimed in and explained.

"Oh..."

"Yes, BOSS, we have an advantage, I heard that you are planning to step out of Yahoo's shareholders, and I heard that Yahoo is also preparing to launch a digital music business, so can we think of a way out of it?" Barry Diller added with a smile.

"Yahoo...?"

"Yes, if we are purely acquired in cash or cash plus shares, we may not have an advantage over Seagram, it is just that the two companies compete and Siemens and Philips benefit.

However, I believe that the two major companies of Yahoo will be interested, and they don't think that the record company will be depressed in the future and they are optimistic about digital music, so I think Yahoo, the leader of the global portal today, should be interested.

After all, Yahoo is the face of the Internet today, and if they are interested in the development of digital music in the future, Yahoo is a very suitable choice, and besides, Yahoo's own stock price is also soaring, and I don't think they have any reason to give up.

In this way, we have a huge advantage over Seagram. ”

……

"You also said that Yahoo's stock price has been rising now, and if I change it with someone now, then I won't lose money. Li Feng replied angrily.

"BOSS, I think there will always be a day when Yahoo's stock price will not rise, so when do you think it is, and don't you think Yahoo is very abnormal today, Yahoo doesn't make a lot of money, but the stock market value is so high, I always feel unsafe.

I guess that's why you're thinking about quitting Yahoo, Boss, right?" Barry Dille replied a little uncertainly.

"Even if what you say makes sense, but at least Yahoo is still in Zhang, how about going to increase the head office for another year, and the value of those shares will increase by at least 1 or 2 times." ”

"Since that's the case, let's intervene for the time being, and then drag it out during the negotiations, and wait until 99 years later, and then look at Yahoo's stock price, anyway, such a large-scale acquisition is not something that can be negotiated in a short period of time, it will take at least 3 or 4 months or even more. ”

"Huh... That's fine, Barry, you can use Yahoo as a bargaining chip to negotiate, but you can really hold it for a while, and wait for Yahoo's stock price to soar for a while, and I think as Yahoo's stock continues to rise, Philips and Siemens may be even more jealous. Listening to Barry Diller's strategy, Li Feng couldn't help but move in his heart, and immediately replied with a smile.

"Well, the general plan is to drag it out first, so as not to be acquired by Seagram, and then drag it out until 99 years later to see the situation of Yahoo and then talk to them in detail. ”

"OK, that's it. ”

“…”