Chapter 365 VAM Agreement
Jack Welch shook his head and admonished: "Don, it's good for young people to be motivated, but don't be arrogant......!" He is old, but his life experience is the greatest wealth. If you dare to underestimate this kind of person, you will definitely suffer a big loss. ”
Don smiled, "I didn't underestimate him...... Well, actually, I didn't think much of him for a while, but after your enlightenment, my mind has changed. But it's okay, I'm ...... There are also some resources that can be called, send a Mr. Lei Shidong, and let him let the STA TV network go. ”
Jack Welch was angry and funny, "It is not a long-term solution to a temporary crisis! When he feels threatened by you, it is useless to give a small favor!"
Viacom has the largest cable network in the United States, and of course, if Disney completes its acquisition of Fox Home Entertainment, it will have a higher market share.
But in front of Donn Films, Viacom is a giant!
When Jack Welch was at the helm of GE, he bought NBC and knew a little about television. In his opinion, if the TV network wants to develop and grow, it is impossible without ten years of work!
The FOX TV network is backed by the powerful backer of News Corporation, and has developed for 20 years, with a market share of about 15%, which cannot be compared with the traditional CBS, NBC, ABC.
This is an industry that is determined by time accumulation and user habits.
Even if Tang En was able to use some small means to delay Lei Shidong's suppression decision. But if you can save it for a while, you can't save a lifetime, and in the long development process of the STA TV network, Viacom's suppression will come sooner or later!
When the time comes, the sky will fall apart!
All efforts will be in vain.
Don obviously didn't think so, his face was full of himself, and he smiled: "Mr. Welch, in my opinion...... It's enough to solve a momentary crisis!"
"Huh?" Jack Welch raised a frown, "Can you break Viacom's monopoly?"
"No, no, no!" Donn immediately waved his hand, "Viacom is a giant, with a strength that is impossible to shake in a short period of time. However, Viacom's television network is mainly a basic cable television network. Mr. Welch, I don't know if you can understand if I say this, STA TV network is a professional cable network, and in this regard, Viacom only has Shotime, which is very strong, but not omnipotent. ”
Professional cable TV stations are a new product, and in addition to operating fees, they also require additional subscription fees, which are more expensive, and require a special encryption box to transmit content.
Jack Welch said, "I know, HBO and SHO. But those two TV stations are backed by large media groups, have more and richer sources of content, and have developed for decades, so you can occupy this market in a short period of time?"
Tang En paused for a moment and said with a smile: "Mr. Welch, in the traditional television field, the main way to make money is advertising, but professional cable TV stations do not insert advertisements! That is to say, professional cable TV stations are completely different business models and operating concepts from the three major public television stations and nearly 1,000 basic cable TV stations in the past. ”
Jack Welch's eyes narrowed slightly, looking at the young man sitting across from him talking eloquently, showing a bit of his self-confidence.
When he was 30 years old, he tried to persuade General Electric to invest $10 million to build a Norrell plastics factory, and he volunteered to be the director.
Since then, the road to dominate General Electric has begun.
Now it seems that the hard work, sharpness, and self-confidence displayed by Don En are even better.
It's no wonder that it has achieved such great success in just a few years, and the personality is particularly charismatic.
Tang En said: "In my opinion, there is no difference between the business model of professional cable TV stations and the film market, there is only one concept - content is king! The promotion of "Pearl Harbor" is so fierce, but it lacks content, and it can only fall. Last year, Down Pictures once fell into a bankruptcy crisis, but a "Spider-Man" made Down Pictures the seventh giant after the six Hollywood giants!
Jack Welch shook his head amusedly, "You mean Band of Brothers?"
Now, the whole United States knows that Steven Spielberg, Donn Walker, and Tom Hanks, three Hollywood gods, have jointly spent $120 million to make a World War II-themed miniseries, which has a lot of influence.
Tang En did not deny it, "The current Starz TV station is broadcasting our self-made drama "Six Feet Under", and the next is "Band of Brothers". ”
Jack Welch disagreed: "Just one or two TV series can change the landscape of professional cable television? Donn, you can't help but be whimsical." ”
"Haha, Mr. Welch, you are an expert in management, but in the content field, I am an expert. Donn's tone was a little flamboyant.
Jack Welch frowned, a little displeased.
"Mr. Welch, the traditional industry, or the manufacturing field, maybe, as you say, is a race against time for the development of enterprises. But in the field of movies and professional cable TV, sometimes there is no need to accumulate at all, just like a star who became popular overnight. "Spider-Man" made Down Pictures popular overnight, and "Band of Brothers" can also make STA TV network a god!"
Jack Welch shook his head again and again, as a traditional businessman, he seems to be a Hollywood acting school, admiring the accumulation of time and accumulation, and he can't accept the star who becomes popular overnight, "Donn, you are too confident!"
Tang En said lightly: "Confidence comes from strength! Tang En Pictures has "Spider-Man", "Unsinkable", which solved a big problem for me, "Six Feet Under" and "Band of Brothers", which are the god steps of the STA TV network. ”
Jack Welch smiled, "So...... In your opinion, as long as you stabilize Lei Shidong and let him not do anything to you in the next few months, you have the confidence to overthrow Shotime TV in one fell swoop and become an oligarch in the field of professional cable TV?"
"That's right!"
Donn's self-confidence, Jack Welch praised, but the concept was too different.
Taking a deep breath, Jack Welch smiled: "After retiring from General Electric, I plan to open an MBA class, in addition, I will also open a Jack Welch consulting company, find a few companies to work with, you are very famous, so I have paid attention to you early." ”
Tang En's face changed, "I knew this, I just followed your wishes, what a good opportunity!"
If you can cooperate with Jack Welch Consulting, it is equivalent to Don Pictures having Jack Welch as an economic consultant.
There is an old man in the family, if there is a treasure!
Jack Welch's experience and talent in management will be of great help to Done's company.
"Don't be careful. Jack Welch waved his hand, "Well, we'll see the results." If the development of the STA TV network is really as you say, relying on just two TV dramas can break the business pattern of the Shotime TV network for decades, I will go to your company as a consultant. Of course, if you don't dislike me as an old man. ”
"How so?"
Don's eyes widened at once, and his excitement was palpable.
It was definitely a huge surprise!
Although Jack Welch is not a Hollywood person, he has a common sense of business management and strategic thinking, and Jack Welch is very famous, well-connected, and a treasure!
What's more, the profession of consultant is mutually exclusive.
When Jack Welch came to Don Pictures as a consultant, he couldn't have advised potential competitors like Disney, News Corp., Viacom, and Comcast.
In other words, in the media field, Don will be the only supporter of Jack Welch!
And sooner or later, Donn will march to public television, CBS is owned by Viacom, ABC is owned by Disney, and only General Electric's NBC is left among the three major public television networks in the United States!
With Jack Welch's connections and influence at GE, isn't this acquisition a quick deal?
There are so many benefits!
Don stood up, shook Jack Welch's hand with both hands, and said excitedly: "Mr. Welch, I appreciate your appreciation, we can definitely establish a very pleasant cooperation experience!"
"Wait, I haven't agreed yet, it's a VAM agreement. ”
"Bet?"
Don laughed, "You're going to lose!"