Television Network B is a television company in the United States, which began broadcasting on January 11, 1995, and the owner of Television Network B is Warner Bros.

Representative works include "SPN", "Superman Prequel", "Gilmour Girl", "Vampire Hunter Buffy", "Love Era", "Felicity", "Vampire Girl".

In the original version, it merged with UPN this fall to form the C network, hoping to compete with the other four major networks as the fifth largest network.

Although it is within the Time Warner Group, its situation is more difficult than UNP, Time Warner has the world's largest broadcast system, including CNN, Netscape, HBO, Turner TV division (including Turner TV Network and its CNN and hundreds of other channels), B because of losses, so it has been excluded and disregarded, as a subsidiary of Warner Bros. Entertainment (including Warner Bros. Pictures, DC Comics, Warner Bros. Games), Time Warner's board of directors has successfully persuaded Warner Bros. Entertainment to divest the C TV Bureau, and they can consider selling it or partnering with their old rival UPN.

They also have their own news channels, and I heard that the big-rich Larry waved a check to buy UPN, which is envy and jealousy, and said that it was a good cooperation?

However, they soon heard that the deal between the two sides was not successful, and that Paramount President Gray had resigned and left, and they were happy when they heard that ICM's Nancy Josephson had come to test and proposed to Time Warner's board of directors to buy B.

Richard, the executive director of AOL's board of directors based in New York, immediately said that it can be sold, but it must be at the right price.

AOL Time Warner is one of the major shareholders of B, providing distribution services for Time Warner's movies and TV shows, and B also owns 16 TV stations of the United States Forum Company, plus more than 30 affiliated television stations, and can cover all TV users in the United States.

AOL, the world's largest media company, is divided into seven segments, each with its own chairman and chief executive officer, who are accountable to the head office's board of directors: interactive service series, networking, publishing, music, film entertainment, cable systems, and their interactive video segments.

The current AOL Times Warner, AOL is a huge loss, the once invincible Internet giant company, has shrunk to the level of billions, affected by this, the company has been in a state of loss, spin-off is inevitable.

Time Warner is the winner in the absolute sense, for any media type and any form of media content in the world, it is the main operator, the acquisition of high-quality assets, the stripping of non-performing assets, this is an inevitable choice, as long as there are benefits, they can sell themselves, not to mention their loss-making subsidiaries, like selling to AOL in the past, and selling to the United States Telecom Company in the future, not to mention that the ministry is selling B, it will not affect the dominance of their film and television entertainment part.

The board of directors of the parent company has positioned B as having a budget for a long time, and it depends on who has more interests and who has less between going and staying, but it is Barry Diller, Kevin, and Jem, the chairman of TV B, who are talking about it specifically.

The representative of MM came waving a check, they didn't mind slaughtering him MM, these young people, under the strong network and capital power, rose under their noses, became behemoths, a film studio that was established in the underground garage of Bedwoolen District, and now it has actually acquired a giant company and become one of the competitors, there is nothing more amazing than this, they feel extremely unreal.

However, Josephson, the president of ICM, Hollywood's top ace agent is not a good man and a woman, she is well aware of the various situations of AOL Time Warner, it is not easy to pit her, and there is a lot of cooperation between the two sides, there is indeed no one more suitable than her, Josephson is also very concerned about this matter, if this matter is successful, he can take tens of millions of commissions, and also take the line of MM Group.

As a newly rising media group, they have determined the strategic idea of content + channel + derivatives, but their core is still film production, and there is a trend towards the development of the TV industry in the near future.

Like News Corporation, Time Warner is also focusing on the global television industry, focusing on television as the most lucrative business, but Time Warner's focus on producing programs and launching channels rather than developing entire satellite systems is what sets it apart from News Corp.

Nancy Josephson sees this very clearly, but MM Group is not as easy to fool as the original Dongying Soni, they are the new force in the rise of the land, belonging to the industry insiders, under the guidance of Michael Ovitz of CAA, Soni almost spent double the price to win Colombia, and MM's Iger said that it is necessary to control the purchase price of B at 18%, and it is not worth it if it rises, and he Iger also said that Josephson's main profit point will also be generated here, the lower the price, the higher the commission.

And after the failure of the Viacom incident, Iger didn't want to hang himself from a tree, and began to frequently contact those small and medium-sized TV stations, Barry Diller can make Fox TV one of the four major TV networks in the country, he can also, he Iger started as a TV player, and his ability is not under Barry Diller.

Iger's approach is also echoing Josephson's negotiations, if Time Warner thinks that this is a seller's market and MM has only one choice, the purchase price will climb up wildly, and it will become a worthless loss-making transaction.

After a round of negotiations, the two parties have gradually reached an agreement that MM will acquire B at a premium of 17%, for a total transaction value of $4.2 billion, and MM will not be allowed to use the name B and change it to MM TV.

B is the abbreviation of arnerBros, the abbreviation of the famous Warner Bros. company, but not Wang Ba, just this signboard, is worth hundreds of millions, at the same time, the original B TV produced drama MM TV network can be broadcast for two years, and all of them will be owned by Warner, and the DVD and its related copyrights will be owned by Warner from the time of signing.

And as one of the additional conditions, Warner has the production rights and investment rights of "The Hangover 2", "Saw 3" and its sequels, they only had the distribution rights before, but now they take this great opportunity to finally get involved in this big fat meat, and they even want to win the distribution rights of "The Hobbit", but MGM desperately opposed, so they gave up.

And they once again confirmed that Mark will continue to direct "The Dark Knight" and "The Dark Knight Rises", and the original conditions remain the same, they are very afraid that Mark will not play if the tide rises, as one of the two souls of "Batman", Mark will not play, there will be a risk of stillbirth in this series, as for the screwed little plum, they have a way to clean him up, a huge media group, and there is no way to clean up an actor?

MM was able to quickly take down the B TV network, and on the other hand, they promised a cash deal, not stocks, options, or equivalents, but the cash that was most scarce right now, and it would be paid in a lump sum, which finally touched Warner's heart.

On January 7 this year, MM President Iger was authorized by the board of directors to issue a goodwill offer to Warner Bros. Entertainment to acquire TV Network B for $4.2 billion, and Warner Bros. Entertainment agreed to the invitation and reported to the board of directors of the parent company, and the board of directors of AOL Time Warner in New York approved the proposal of Warner Bros. Entertainment.

The news spread across the country through CNN's television network and became a sensational event in the entertainment industry, although it did not steal the limelight from the two major awards in the awards season, the Golden Globe and the Academy Awards, but it was almost there.

The four giants of MM, Iger, Mark, David, and Meghan flew to New York on the Gulfstream V private jet of the Ellison brothers and sisters to sign the agreement, accompanied by a large group of people such as David, Sophia, Giselle, David Lee, Heath, and others, who attended as a group of relatives and friends to witness this historic moment.

The signing ceremony was held in the multi-purpose media room of the Times Warner Group headquarters in Times Square, and was broadcast live by CNN, and they also contracted the landmark building of Times Square and broadcast it on the NASDAQ giant screen, attracting countless onlookers.

The two sides signed, and then exchanged signatures, and the signing representatives on the part of Time Warner included Richard, CEO of Time Warner's Board of Directors, Barry Meyer, representative of Warner Bros. Entertainment, and Jem, chairman of B TV Network.

A large number of business elites such as Larry, President of Oracle, Qiao, President of Pingguo Company, and Mayor Bloomberg of New York were invited to attend, and as many as 100 media participated in the interviews and reports, which was very lively.

From the moment of signing, the B TV Network, which was launched in 95, was officially transferred to MM and renamed MM TV Network. Memphis and other 16 major cities have their own 16 directly affiliated TV stations, 35 affiliated TV stations, wireless signals, covering the whole country, ranking sixth on wireless public TV stations, second only to Viacom's UPN TV station, but this is a theoretical ranking, UPN and MM combined, are not as good as the fourth-ranked Fox TV network.

The plan of B to change banners to MM TV Network and merge with UPN to form C TV Network has failed, although this plan was proposed by the original B side, but after changing the name to MM TV Network, they have no intention of (cooperating again) in this regard.

As a transitional period, the B TV network will broadcast all the old programs until January 15, and starting on the 16th, they will change their name to MM, and broadcast dramas produced by Columbia Pictures and MGM Pictures, which are subsidiaries of the MM Group, and their movie channel will broadcast movies from MM's super library, and the first TV series premiered on the MM TV network will be the second season of "Grey's Anatomy", which is a divine drama that has received an average of 15 million viewers per episode on CNN.