Don is the big boss of New Universal, and here, he can make almost any decision he thinks is right.

However, there will always be people who will have a different philosophy.

"Donn, trading is not the essence of New Global, business is the most important thing. Trading is a means to an end, to produce a TV series, to produce a movie, to build a theme park, to grant concessions, to attract talent. But trading can't be put in the first place. For merger activities, I feel like it's just like any other job. ”

There are not many people within New Globe who dare to oppose Donn's decision-making, or raise some objections, and there is no doubt that Barry Diller is one of them.

Barry Diller came to Donn's office and said, "We don't need mergers, we don't need overpriced movies or TV shows, we don't need sky-high actors, we don't need companies that fit our strategy but ask ridiculous prices." ”

Donn smiled, "Do you mean Prada?"

"And that's not all. ”

Barry Diller shook his head, "Past, New Universal...... Or Towne Pictures, in order to struggle to move forward in the industry, always have to take some risky actions to fight for a chance to survive. But this is no longer the case, New Global is already a leader in the industry, and what we need now is not to take risks, but to take them one step at a time. ”

Tang En doesn't think so, "Whether it is the past, the present, or the future, crisis awareness is the foundation of New Universal's life!"

"Crisis awareness is important, but it can't be blindly merged. ”

"Blind?"

"We don't know much about the fashion industry, no one has experience with it. ”

"The laws of business are always interconnected, and LVMH is where it is today because it was taken over by a real estate family, not a luxury family. ”

Donn's decision to acquire Prada was very firm.

Fail?

Hardly possible.

Even if Prada and New Globe are not well integrated, there is no possibility of losing money in the transaction. Prada in his previous life had such a difficult time, after several ups and downs, and when he was listed in the Hong Kong government, didn't his market value exceed $10 billion?

The current Prada market capitalization will not exceed $3.5 billion!

It can be said that as long as you buy it, you will make a profit without losing money.

If the fashion industry can really be integrated into the New Globe ecosystem and integrate perfectly, it will shine and become an important profitable sector for New Global.

If Barry Diller questions the acquisition of Victoria's Secret underwear, Don will probably think about it for a while.

Questioning Prada, there is no need at all!

Donn didn't agree with Barry Diller, but he was stubborn.

The acquisition of Prada is a must!

He slept with all of Anna Wintour's daughters, and he couldn't say it if he didn't buy Prada.

On the way to Legendary Pictures, Don was still thinking secretly.

Why did Barry Diller turn down Prada?

With his business acumen, he should not lose sight of Prada's market potential.

Universal Pictures is going to make a movie "The Queen Wears Prada", and there will be a number of big stars to join.

With the power of a movie to promote, and the new global channel promotion, can Prada soar into the sky?

Don shook his head secretly.

I think Barry Diller may be old and his business strategy is too conservative.

Don went to meet Michael Ovitz mainly to talk about the financial industry of the film, that is, the insurance business.

Legendary Pictures will go public next year, and its market value should not be less than $5 billion.

However, Legendary Pictures' profit growth has almost stagnated, Hollywood's plate is so big, and there are more and more companies engaged in platter investment, and it is impossible for Legendary Pictures to have more profit growth.

Hollywood is the industrialized market for films, but the impact of the financial industry on the film industry has been deeply rooted in the bone marrow, and the insurance companies that play the biggest role in this are the insurance companies.

Insurance companies in Hollywood are almost a "package" arrangement.

1. Life insurance, including the life insurance of producers, actors, stuntmen and a series of personnel, to protect their personal safety in the process of making films.

2. Equipment property insurance, including insurance for props, sets and costumes, cameras, negatives and videotapes, etc., in case these equipment or property are damaged during filming and increase the additional cost of film production.

3. Error and negligence insurance. Error and negligence insurance refers to the insurance established by the producer who may intentionally or unintentionally infringe the rights of others, such as privacy, patent rights, and copyrights, and thus bear the corresponding civil liability, so as to regulate the behavior of the producer.

4. Comprehensive liability insurance. The insurance company provides coverage for physical damage to the production company under this clause for bodily injury or damage to property caused by a liability risk event during the filming of the film.

5. Guarantee insurance for the completion of the film.

In addition to the fact that the insurance of the finished film has been greatly squeezed by the platter investment business, the other four major types of insurance business still allow insurance companies to penetrate Hollywood deeply.

Even many insurance companies have set up entertainment departments to deal with the business of film and television entertainment.

If it's just insurance, of course it's a good thing.

However, insurance companies have seriously affected the production of film and television works, the selection of actors, the writing of scripts, the method of shooting, and the production process...... There has been a great deal of intervention.

Even superstars such as Nicole Kidman, Tom Cruise, and Jack Chan have been blacklisted by insurance companies because of frequent injuries, which in turn affects career development.

Don wanted to come up with another solution to solve this problem.

Hollywood movies are, after all, created by Hollywood.

On what basis does the layman intervene?

Legendary Pictures' platter investment business can be regarded as a precedent, which has brought a great impact to the insurance company's completion guarantee business.

If it can set another precedent, it will greatly limit the power of insurance companies. In other words, directly let Legendary Pictures set up a new financial and insurance department to deal with the business of film insurance.

That's a great blessing for Hollywood filmmakers.

Platter investment is a successful experience in the previous life, and Tang En knows it, so he can easily take it out.

However, there was no successful case in the previous life of killing the insurance company.

Donn wanted to discuss with Michael Ovitz, but he ran into a hurdle that he couldn't get over - the law.

Because of the anti-monopoly law, financial business can only be handed over to third-party platforms, and Hollywood cannot do it on its own.

For example, in the guarantee of the completion of the film, the investor and the production company are both parties A and B, and the insurance company must be a third party.

For example, in personal safety, the brokerage company and the production company are both parties A and B, and the insurance company must also be a third party.

Otherwise, there is a suspicion of being both a player and a referee.

This is the monopoly of the industry.

All other problems are easy to solve, and legal obstacles cannot be broken through by human beings.

Donn's enthusiasm was immediately extinguished.

He also wants to find a new profit point for Legendary Pictures, so that Legendary Pictures will become the largest insurance company in the Hollywood industry. In this way, it is impossible.

Hollywood's film and television creation is either at your own risk or ...... I can only cooperate with insurance companies, and I am willing to be swayed by their opinions.

The idea of the insurance business didn't work out, but when we chatted next, Don heard something else from Michael Ovitz.

It's about Prada.

"At that time, the CAA I managed was in full swing. Later, I jumped ship to Disney, but I encountered the biggest low point in my career. If I hadn't met you later and co-founded Legendary Pictures, maybe ...... At this time, I had left Hollywood. ”

Speaking of the events of that year, Michael Ovitz sighed a little.

Back then, he and Michael Eisner were best friends!

But when I went to Disney, I broke up directly.

"Does this have anything to do with Prada?" Donn didn't understand what he meant.

Michael Ovitz is an old friend of Donne, and when it comes to personal relationships, he and Don are much closer than Barry Diller. He said lightly: "I went to work at Disney, and Eisner transferred all the difficult and complicated work to me, and he was directly responsible for all the easy and profitable business." Even so, I never complained about anything, I worked like crazy every day, at least 17 hours a year! I even gave up my weekends. ”

As he spoke, he shook his head self-deprecatingly.

"Do you know what Eisner said at the time? He said I was giving him eye medicine, and I was giving up my vacation, and I was forcing him to give up his vacation as well. I don't have to say too much, because today's Disney is no different from the Disney of the past. ”

Don slowly pondered the meaning of his words.

Is it complaining about Michael Eisner's overly domineering and authoritarian management style?

Truth be told, Don didn't mind.

Jobs was more domineering and dictatorial!

Being capable, domineering, is not a disadvantage.

Michael Ovitz added: "Eisner has been at the helm of Disney for 20 years, longer than a university president! It's hard to imagine that he's just a professional manager, and even Jack Welch can't do that." How did Eisner do it?"

"Crowding out people who might threaten his power?" Donne's eyes narrowed thoughtfully.

Michael Ovitz said categorically: "There's no doubt about it!" Jeffrey Katzenberg, Steve Burke, Steve Bolumbak, Paul Pressler, Gary Wilson, Meg Whitman, Peter Lammel...... Which of these people is not a top-level professional manager? It is not so much that they are high-level talents from Disney...... They are the potential successors who have been sidelined by Michael Eisner through power over the years. ”

That's true.

Michael Eisner is getting older, and Disney's shareholder meetings have been hoping that he will raise or appoint a successor to avoid possible future turmoil.

However, he has been evading the question.

He's Disney's steady number one!

Second-in-command?

No!

Please remember that the first domain name of this book is:. Nine Heavenly God Emperors