Chapter 489: Hollywood's New Wave
As a listed company, Disney must inform the public of major business decisions and financial status in a timely manner.
On April 9th, a bombshell news detonated Hollywood!
Disney and Down Pictures announced that they have reached a strategic cooperation on many industrial contents with as many as 6 major items and 23 small items!
1, Down Pictures transferred the copyright of the remaining 6 films of the "Chronicles of Narnia" series, which is more in line with Disney's values, to Disney;
2. Disney will carry out live-action remakes of a series of classic animated films, and Towne Pictures has the obligation to assist in investment, filming and production;
3. Because Towne Pictures has acquired Pixar, Disney chooses adult beauty and gives up part of Pixar's rights;
4. The two parties will strengthen the cooperation of animated films and promote the friendship between Silklywood Animation Studio and Disney Animation Studio;
5. Disney's ABC television network will cooperate with Dick Clark TV Production Company, a subsidiary of Down Pictures, in the broadcast of reality shows;
6. The Marvel brand and other related peripheral products under Down Pictures will land on the Disney Store to carry out retail business......
There is no need for Tangen Pictures to disclose the details of its business, and the statement was issued by Disney, which naturally occupies a lot of "advantages" in terms of rhetoric.
According to Disney, they went along with the flow and terminated the cooperation between Disney and Pixar, but they got many benefits for free, which is a great harvest!
On the day the news was announced, Disney's stock price instantly rose 3.3%, and its market value soared by $1.45 billion!
Since Disney acquired ABC Group, this is the biggest increase in Disney's stock price in a single day!
The market is very good!
Michael Eisner successfully resolved the crisis of Pixar's termination, and through a wave of operations, successfully raised Disney's stock price, which made him energetic and enthusiastically wrote a letter to shareholders -
"When I first came to Disney in 1984, the market value was just over $2 billion, and today, 18 years later, Disney's market value has increased 22 times! ”
"Because of the economic downturn in the general environment and the impact of terrorist attacks, Disney's stock price has been a bit sluggish in the past two years, but fortunately, I sternly rejected Mr. Case's merger and acquisition idea. I would like to thank the shareholders for their patience and trust in me and the management team to lead this magical kingdom forward. ”
However, Disney's frame-by-frame animation approach in the past is old, expensive, and lacks a market, and the silly and sweet women's entertainment comedy is no longer popular with the market. We were at a loss and our content production was in crisis, but now, we've finally solved it. ”
"Down Pictures has a large number of excellent content teams, but suffers from a lack of channel supply, and it just so happens that Disney has the most abundant channel resources in the world. "Brave Warrior" is a new type of reality show that will help ABC compete with CBS, and a live-action remake of the animated film will bring the glory of Disney's past back to Hollywood!"
"Disney's cartoon library is the work and mission of Mr. Walt Disney, and we have an obligation to make them carry forward, not to be silent in the dust of history, and become the memories of a generation of fans. Now, Disney and Down Pictures have launched a series of strategic cooperation, and those dusty cartoons will reappear!"
"Today, Disney announced the news of the cooperation between the two parties, and the stock price has risen gratifyingly. But I would like to say that this is just the beginning, and a better tomorrow awaits us. We're going to start Chronicles of Narnia 2 right away, we're going to work with Silklywood Animation Studios to advance computer animation, we're going to have the most talented, driven, creative, talented, and groundbreaking talent, and Disney Studios will be back to ......life soon."
The letter was lengthy and later mentioned his deputy, Robert Iger, as well as George Mitchell, co-chair of the management committee, and the majority shareholder, the Bath family, and directors Judith Estling, John Bryson, and others, thanking them for their efforts and contributions to the company.
As for Roy Disney and others, they didn't mention it at all!
The excitement of Disney's stock price has made Michael Eisner fearless!
But Roy Disney has already given up, Michael Eisner really gave up the adaptation rights of that batch of cartoons to Donne, and the share is as much as 55%!
Even if it can raise the stock price in the short term, in his opinion, it is to drink to quench his thirst!
Roy Disney is furious, he can't convince the board, and he doesn't restrain Michael Eisner's power, all he has is feelings, only people's hearts!
Roy Disney made a very resolute and decisive choice - resign!
Soon, his old comrade-in-arms, head of Clover, Disney director, and co-chairman of the Governing Council, Stanley Gold, also announced his retirement.
Their goal is clear: to bring down Eisner and save Disney!
……
At the same time, Comcast also announced a bombshell news, inviting Steve Burke to serve as the company's president and chief operating officer.
Who is Steve Burke?
Roy Disney's best friend, Michael Eisner's former subordinate, Disney's former COO!
Outsiders may not be able to see clearly.
But when Don saw the news, he quickly had an association.
Comcast is not dead yet!
Disney's former ministers have taken over Comcast, which is obviously eyeing Disney, at least they have begun to lay out the content industry.
A new wave of Hollywood is already on the move.
Because of Donn's appearance, the entire landscape of Hollywood is undergoing major changes.
Brian Roberts, the CEO of Comcast, called Don in a bad tone, "Your cooperation with Disney is like a conspiracy." ”
Don replied forcefully, "What are these words? The capital market has given the best explanation, Disney's stock price is rising!"
Brian Roberts said in a deep voice: "Eisner has gone mad, and he has done everything to consolidate his power. Your cooperation will make Disney completely lose the initiative!"
Donn's tone was slightly sarcastic, "Brian, if I'm not mistaken, you're the head of Comcast, right?
Brian Roberts paused.
Comcast has reached the limit of its development in terms of TV operations, and if the company wants to grow, it must find more profit points, and the content industry is the next target.
In his opinion, even if Comcast can't buy Disney in a short period of time, it can start a business cooperation with Disney, rather than giving up a good opportunity to Don Pictures.
Tang En said lightly: "Brian, don't forget, Comcast and Don Pictures are still partners, and the past few months have ...... The number of STA users has dropped severely, and you haven't given me a reasonable explanation. ”
Brian Roberts exclaimed, "That's the lack of consistent quality content from the STA network!"
Tang En said very politely: "Content is content, and channels are channels." If the publisher doesn't work hard, the content side will have nothing to do!"
"Are you questioning Comcast's intention to hinder the development of STA?" Brian Roberts snorted coldly, "Donn, you're wrong, I would never make a decision that is not in the company's interest." ”
"Maybe. ”
Donn's feedback was lackluster.
In fact, the development of cable television has always been restricted by operators.
The root cause of the mushrooming of cable television in the 80s was the emergence of cable technology. However, technical barriers and restrictions on operating licenses allow operators to firmly grasp the initiative in the cable TV industry.
For example, now, the STA TV network under Tangen Pictures is being necked by Comcast.
But Donn wasn't worried.
First, although the number of subscribers has declined, STA TV network still crushes HBO and SHO, and is the largest professional cable network in the United States, with 4.8 million more subscribers than HBO;
Second, Tang En will soon make another effort in the TV industry and spend huge sums of money to shoot popular TV series. Content guides traffic, and it is difficult for operators to get stuck.
Third, Comcast and Donne's exclusive operating contract expires next year. More importantly, federal policy is changing!
In the '90s, the FCC lifted the ban on financial consolidation and the monopoly clauses, leaving studios and television networks free of barriers to merger.
Fox Film and Fox Television Network first merged to become Twentieth Century Fox, then Disney acquired ABC, and Paramount and CBS merged.
Prior to this, the television network had a monopoly clause that restricted the prime-time programs broadcast by the television network, except for talk shows and current affairs news, could not be the self-produced programs of the television network, and could only be purchased from outside.
This gave birth to a syndicate market for TV shows.
However, after 94 years, the ban was lifted, and the media group began a series of integration roads.
The reform of TV operations is also coming soon.
The federal government realized that too large a number of operators would be detrimental to the development of cable television, and lowered the bar for operation to bring broadband operators on board.
Broadband operators, in the development of broadband networks, have laid a large number of optical fibers in major cities, which is a more powerful way of signal transmission than cables!
The status of TV operators is no longer sacred.
Since then, the roles of operators and content providers have been reversed.
Content providers have completely dominated the market, and operators can only follow behind to drink soup.
The entire film and television entertainment market has also begun to truly transform from the era when channels are king to the era when content is king.
Now Don is very laid-back.
He didn't want to get involved in Disney's internal strife, let alone ignore Comcast's eyes.
Anyway, he has already got the adaptation copyright he wants, let them make trouble!
For now, he's focused on one thing.
The identity of "singer" Don and the feedback from the market, what is it?
Following the "stock god" the year before last, Tang En had another "writer" status last year, and this year, he will be labeled as a "musician and singer" on his head.
He and Natalie sang "Just Want This", operated by Universal Music, on April 15, officially released to North America, at a price of $0.99, a single record!