Chapter 1200: Hulu

Donn's idea of Hollywood joining hands to build a streaming platform was immediately echoed by media giants News Corp. and Comcast Corp.

News Corp. Needless to say, Murdoch is full of Internet ambitions.

Due to the saturation of the TV operation business, Comcast has transformed into a telecom operation in recent years, becoming the third largest telecommunications company in the United States, and is full of interest in laying fiber optic networks. In this case, it is more aware of the power of the Internet after the speed-up.

Rupert Murdoch, the boss of News Corporation, and Brian Roberts, the boss of Comcast, both called Donn as soon as they heard the news and expressed their willingness to cooperate!

Even if other Hollywood companies aren't involved, that's okay!

Twentieth Century Fox, which is controlled by News Corporation, NBC Colombia, which is controlled by Comcast, is enough to participate.

Counting New Global, the three giants joining forces is enough to create a new situation!

The other fools were worried about the risks, so let them wait and see!

Sooner or later, you'll regret it!

Donn was of course welcoming, and kindly told them that he had come up with a name for the streaming site, "Hulu," which is a funny word.

Murdoch and Roberts didn't hear much of the fun.

But it doesn't matter, it's better than "yahoo!" The acceptance should be high, right?

As long as you join forces, it's not a problem!

Hanging up the phone, Don nodded secretly.

……

"Michael, you've been lied to!" Barry Meyer was very unhappy with Michael Eisner's negotiation work.

The two had no personal relationship, so they naturally wouldn't be too polite when they spoke.

Barry Meyer said angrily: "Don't you know that Donn? He would give up his personal interests for the sake of Hollywood's collective interests? If he were this kind of person, Hollywood would not become like this! There is a conspiracy here!"

Michael Eisner said angrily: "Conspiracy? Okay, you can tell me, what is the conspiracy?"

The atmosphere of this Big Five alliance meeting was not very good.

On the one hand, it was NBC Columbia's Steve Burke and Twentieth Century Fox's Tom Rothman who were ordered by the big bosses to befriend Donn and be involved in the streaming project.

On the one hand, Paramount's Brad Gray is under too much pressure and has insufficient working capital to participate in the Internet business. Now Paramount Movies can't play the business, how can there be energy for streaming?

On the one hand, it's Warner Bros.'s Barry Meyer who is too self-righteous.

From the day the Big Five Alliance was founded, he considered himself the leader of the alliance. To be precise, the Big Five alliance was driven by Warners. In Hollywood, the strongest competition and the deepest contradiction with New Globe is Warner.

The rivalry between Marvel and DC is life and death.

New Universal didn't even agree to shoot the "Hobbit" series of movies, and wanted to make a TV series by itself, which is simply infuriating!

Warners has spent a lot of money to get Sal Zaenz, the owner of the production rights to the "Hobbit" movie!

Especially recently, Warner's president, Alan Horn, refused to renew his contract. It has already spread that when his contract expires, he will jump ship to work at New Universal and become the chairman of the film and television entertainment department!

All of this made Barry Meyer feel quite powerless.

Especially seeing that now Donn has turned his hands into clouds and turned his hands into rain, and after a few moves, he has dismantled the Big Five Alliance, not to mention, and also opened up the relationship between Steve Burke, Tom Rothman and Michael Eisner.

Barry Meyer said: "Do you think Don has good intentions to suspend Netflix's streaming business? Wrong! He must have seen that there is a huge risk in the streaming business, and he doesn't want to take the risk of losing money himself, but to lose money with everyone." ”

Steve Burke couldn't help but say, "Barry, you can't say that, it's risky...... What if it succeeds? Doesn't everyone make money? Isn't the point of the Big Five Alliance asking Don to give up some of his interests, so that everyone can get involved? Now that he agrees, why should we back down?"

Barry Meyer gritted his teeth and said with hatred: "Steve, you are confused! What kind of streaming site, since it was Don who proposed, the control must fall into Don's hands." If you fail, you owe it together. Earn money...... I bet it won't be a few years before he'll use all means to get you all out!"

Brad Gray fanned the flames and said, "Yes, such a big battle, if it really fails...... I'm afraid that each family will lose one or two hundred million. It's not a lot of money for New Globe, but for us as a company, it's likely to run into cash flow hurdles. ”

Tom Rothman said sarcastically: "With Paramount's current strength, it is not qualified to participate in this streaming cooperation, so Mr. Gray should not talk nonsense." ”

Brad Gray was angry.

Michael Eisner said lightly: "Don has already said that he is drafting a plan for cooperation over there, and he will send it to me soon." This cooperation, I feel his sincerity, maybe there will be a good result. ”

Sure enough, within five minutes, the secretary sent a fax document from New Globe.

Michael Eisner took it and looked at it, and his face couldn't help but be extraordinarily exciting.

"How?"

Steve Burke looked eager.

Michael Eisner glanced at Barry Meyer contemptuously and said, "I have to say that Donn has shown great sincerity in cooperation. He said that the name of the streaming site is Hulu, and to maintain its independent operation, it needs to recruit a young and capable executive from Silicon Valley to be in charge, and it does not have to be headquartered in Los Angeles, preferably far away from Hollywood. In terms of equity distribution, the partners can also share it equally. He even promised that New Globe would not be involved in the day-to-day operations of Hulu and would only appoint an independent director to oversee the finances. ”

Only one independent director?

This is a complete decentralization!

As soon as such a proposal came out, many of the current bigwigs were dazzled.

As mentioned earlier, top managers are poached from Silicon Valley to maintain independent operations...... It's all clichΓ©s. After all, managers work at the behest of the board.

According to normal logic, New Global, as the initiator of the new company, will definitely occupy more seats on the board of directors and hold more real power, which will make partners quite taboo.

Now it's okay, Don takes the initiative to delegate power and take the initiative to avoid suspicion!

New Globe does not need any board seats, only one independent director, which is simply an unimaginable sincerity!

"Sure enough, it's Donn, this pattern is big enough!" Steve Burke sincerely admired, really admired.

Tom Rothman also sighed: "Donn...... It's true that he has the courage to do great things! unlike us old guys. Compared to his proposal, the discussion we just had was really humbling. ”

Innuendo, directed at Barry Meyer!

Barry Meyer was annoyed, his neck flushed, "He doesn't even have a director, which shows that he is not optimistic about this streaming site!

"Losing money? Not necessarily. Michael Eisner shook his head, "Donn's second proposal is about start-up capital and future operating capital. ”

"What do you mean?" Barry Meyer frowned.

Michael Eisner looked up from the fax in his hand and sighed with emotion, "Donn...... There's really a new mindset in Silicon Valley, which is different from our Hollywood. He said that Hollywood is a content provider, and its biggest asset is content. Since Hollywood cooperates to start a business, it only needs to provide the film and television content in each copyright library, and there is no need to worry about funds. ”

"How can you start a business without money?" Barry Meyer laughed angrily, and then his mind flashed, his face was furious, and he straightened his waist, "What did you say......? He's going to use the Silicon Valley model to create a Hollywood streaming site?"

Michael Eisner glanced at him with disdain.

Tom Rothman also figured it out and said in surprise: "You mean...... This Hulu site, we don't need to invest a penny, we only need to invest in film and television content, all the funds ...... You can go to Wall Street to raise money, is that what you mean?"

Michael Eisner nodded solemnly, "That's true!"

Barry Meyer incredulously, "How is this possible? The people on Wall Street are very cold about the transformation of traditional businesses to the Internet. Borrow money they want to and finance ...... It can't be!"

Steve Burke said: "It's impossible for us, but he is Don Walker, a textbook investment expert! His successive investments in high-tech companies such as Yahoo, Google, Apple, and Amazon have proved his unique vision." He has a lot of fame on Wall Street, if he comes in person...... I think those Wall Street investment funds will rush to invest in this new project of ours. ”

Michael Eisner felt this even more profoundly.

Brad Gray lost his voice and said, "So, we don't have to invest a penny?"

It's unbelievable.

Don's method is too clever, isn't it?

It's just a direct attack on everyone's weakness!

Barry Meyer no longer has the indignant expression just now, he can invest in a new Internet project without spending a penny, who would refuse this kind of good thing?

He coughed lightly and muttered, "If it's really like what Don said, it's not impossible. His proposal can still be recognized. We might as well sell him face this time and cooperate once. ”

"Wait!" Michael Eisner immediately interrupted him, "Barry, are you mistaken?

Barry Meyer's face sank, and he said angrily: "Those were all misunderstandings just now! Since it is a collective cooperation of Hollywood, how can it be without Warner?"

Michael Eisner shook his head and said, "No, no, no, since you said that his proposal is acceptable, you might as well listen to the third proposal." ”

"What?"

Hulu's website is a partnership between New Universal, NBC Columbia, Twentieth Century Fox and Disney, each with a 20% stake. In addition, 20% of the option pool and financing share are set aside. ”

"What?"

Barry Meyer was shocked!

Among the partners, there is no Warner!

When all the agreements had been reached and the results were shared, he was abandoned......