Chapter 507: Prospects

Messier's departure marks that Vivendi will not only face a major change in senior management, but also a restructuring of the board of directors.

For the current Vivendi, the first step is to elect a new board of directors!

Then, through this board of directors, the strategic decision that best fits the current situation is made, and then based on this strategic decision, a suitable CEO is elected to lead Vivendi out of the predicament.

Because Vivendi's stock price continued to fall, the choice of a new board of directors was imminent, and only two days later, new news was announced.

Mr. Jean Furtu, Chairman of the Board of Directors of Aventis Pharmaceutical Group, a well-known business tycoon in France, will become the new Chairman of the Board of Directors of Vivendi.

At the same time, Vivendi has appointed two new directors, including Claude Bibel, the honorary chairman of AXA Insurance Group, who had been opposed to Messier in the past but was ousted, and who was the leader of pushing Messier to step down and redesign the company's strategy.

This stormy operation is to restore the confidence of investors.

But that's obviously not enough!

After Messier stepped down, he faced scrutiny from the judiciary and even the risk of jail time.

Investors are frantically selling stocks because of the high probability of the company going bankrupt.

Vivendi will continue to respond quickly without the new CEO accepting his orders.

On July 5, the new chairman of the board of directors, Jean Furtu, announced a series of measures on behalf of the board of directors in order to turn the tide: an immediate restructuring plan, the sale of assets, and the reduction of debt.

And this series of measures will lead to the collapse of Vivendi, the global media giant.

Jean Furtu is 63 years old, he is different from the young Messier, he is from a traditional enterprise, old and serious, and he values efficiency, profit, and return ratio, rather than the market potential and sunrise industry that managers in the new era care more about.

Jean Furtu's idea is clear: divest volatile assets and focus on the telecom industry!

The telecommunications industry is not as promising as the Internet and media industries, but it is better in terms of reliable returns and stable income.

On the same day, Hollywood's first IMAX film "Pirate League: The Curse of the Black Pearl" was officially released in North America!

After a few days of film review and publicity, the IMAX version has aroused strong curiosity and attraction in the hearts of fans, just as Donn expected, 75 IMAX theaters in the United States are almost full!

Ordinary movie theaters will have a lot of screens, many screening halls, but IMAX theaters, usually only one IMAX screening room, in this case, the IMAX screening room is completely monopolized by "Pirate Alliance: The Curse of the Black Pearl".

The regular version costs $5.99 and the IMAX version costs $7.99, but even so, the IMAX version is still the first choice for fans to watch movies!

On this day, it was Friday, and only the new film "Pirate League: The Curse of the Black Pearl" was released in the United States.

However, two days ago, on July 3, Sony's "Men in Black 2" and Fox's "Little Ghost Shoes" have been released, which are considered by some media to be a threat to the box office of "Pirate League".

But the result?

On the first day of its release, "Pirate League: The Curse of the Black Pearl" earned $36.5 million at the box office.

This data is less than half of the premiere day of "Spider-Man 2", but don't forget, this is an original project, and it is the first in the series!

Such box office earnings are amazing enough.

At least in the first week of release, it has the potential to exceed $100 million at the North American box office!

It also indicates that the $140 million invested in the film is likely to recoup its cost through the North American box office.

It may not be a big commercial production for Down Pictures, but looking at the whole of Hollywood, such box office results are good enough.

In particular, the income of IMAX theaters is very gratifying.

On the same day, the IMAX version of "Pirate League: The Curse of the Black Pearl" was screened for a total of 412 performances, with an average audience of 218 people per game, and a total box office of nearly $720,000!

Although the conversion cost and copy cost of the IMAX version of the film are very high, the first-day box office results of the IMAX theater are gratifying enough.

If this can last for 10 days, the cost will pay for itself!

Although in terms of cost performance, the current IMAX version of the movie is not as good as the regular version, but the businessman's eyes are sharp. As soon as the data on the first day is out, cinema operators and Hollywood distributors can definitely see the potential of IMAX movies.

Moreover, this is only the first imax film, and DMR's conversion technology and cost control are the first time.

With the development of time and the maturity of the business, the cost of DMR conversion and film copy will become lower and lower.

The future is bright!

It can be said that "Pirate Alliance: The Curse of the Black Pearl" was the first shot for the promotion of the IMAX version of the movie!

On July 6th, it was a Saturday, and Don came to the office in a rare way.

On weekdays, he prefers to go on weekends with all kinds of beautiful girls, or attend all kinds of Hollywood parties, which is definitely a great pleasure.

But now is a special period, and Don is getting serious.

As for Bill McNick, West Cotton and other high-level executives, not to mention, their vacation days a year are usually no more than ten days!

The two-day holiday system is only applicable to employees at the bottom and senior managers, and there is no concept of rest at all.

On the one hand, their sense of responsibility, dedication and enthusiasm for their work, on the other hand, it is also related to salary.

For example, Bill McNick earns about $15 million a year, of which the base salary is $5 million, and the remaining $10 million is performance gains.

The more you work, the more you earn!

Like Jeffrey Katzenberg, the chairman and CEO of DreamWorks, he only sleeps 4 hours a day and works more than 18 hours a day, which is almost crazy.

"The negotiating team can act, and in two months, take the world!" Donn said in his office, meeting with several executives.

Brandi Norris said: "Half a month ago, I have contacted Goldman Sachs, Citigroup, Lehman Brothers, the three major investment banks, and they will jointly undertake our acquisition ......"

Donn suddenly said, "Our goal is to acquire Universal Pictures, Universal Music, and Blizzard Games, but I've heard that ...... Vivendi is likely to package up USA Television Network and Universal Pictures, and we're going to have a plan. ”

Brandi Norris was stunned, "Then we accept it?"

Tang En said firmly: "No matter what, we must win Universal Pictures, Universal Records and Blizzard Games, no matter how big the obstacle, we must rise to the challenge!"

Tosca Musk said: "In terms of the current prospects of several sectors of Vivendi Entertainment, the worst is definitely Universal Music, with the rise of the Internet, the record industry has been declining, followed by Houghton Mifflin Publishing, even though it is the third largest publishing company in the world, but the entire publishing industry is declining, and then Blizzard Games, the founders of Blizzard...... It's a headache, Vivendi originally thought that within three years, relying on Blizzard, it would surpass EA and become the world's largest game company. But as a result, Blizzard's game repeatedly bounced, and Vivendi's management fired several managers of Northern Blizzard, and there was no improvement. ”

Blizzard is very famous, and the "Diablo" and "Warcraft" launched are very classic games.

But Blizzard's management, that is, the founders, is very artistic, and it is clear that the game can be released on time, but they can always delay it due to some minor flaws.

This led to problems with Blizzard's credibility and delayed Vivendi's overall strategic layout.

Of course, there are disadvantages and advantages.

Blizzard's spirit of excellence is what makes Blizzard's games outstanding.

Donn frowned, "Mifflin Publishing Company, I'm not interested in the publishing business!"

Bill McNick said, "You have to be good at negotiation. In this day and age, few people want to take over a music company, and Vivendi definitely wants to get rid of this hot potato, and we have to take advantage of that. ”

Through Vivendi's desperate desire to sell Universal Records, to gain bargaining weight.

At this time, Don Pictures must not show an excessive desire for Universal Records.

Don nodded, "Bill, Brandy, you both have rich experience in mergers and acquisitions, and this negotiation will be handed over to you." My request...... You all know that it's okay to spend a little more, we have to get what we want!"

Tosca Musk asked: "Vivendi also has some web assets, websites, and an e-commerce site that Sony has a joint venture. ”

"Don't. Don immediately refused, paused, and added, "I'd rather buy a publishing house than these tattered Internet assets!"

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