Chapter 779 - Submit the transcript
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With the ratings boom caused by the second season of "Lust City" and "America's Top Model Contest", Lifetime TV has taken advantage of the situation to launch several other original series.
Although the results can't compare with the two ratings leaders, it is enough to fill the content of the other ratings of Lifetime TV, and it is no longer like last fall's "Flyover" and "America's Top Model Contest", and the other ratings are still deserted.
At the same time that Lifetime TV began to discuss the new year's annual share contract with cable operators more confidently, other media groups that have been following Lifetime TV have also begun to study the reasons for the rise of this TV station, yes, they plan to follow suit, this kind of thing is not only in the film industry now, even the FFM paid cable station that Firefly is preparing for is actually planning to follow HBO.
It's just that although the cable TV industry is on the cusp of a big explosion, Eric is not worried about these later followers, after all, in this country where all walks of life are firmly controlled by capital, there are not many people who want to make a decisive move when the situation is not clear at all, and when they react, Lifetime has already determined its position in the industry.
Similarly, in this country of capital, the first few months of each year are the time for major corporate giants to 'hand over their report cards' to investors, the media and even the public.
After last year's film tactics and the natural growth brought about by the strong recovery of the U.S. economy, Time Warner's annual revenue in 1995 reached $11 billion.
It's just that among the 25 films released by Time Warner throughout the year, except for "Batman Forever", which recouped $330 million at the global box office with an investment of $100 million, plus lucrative peripherals and barely made a profit, many other big-budget films with budgets of more than $50 million basically ended miserably.
In particular, the production cost of "Future Water World" is as high as 175 million US dollars, but the North American box office is only more than 80 million, although the global box office reached 260 million, but because of the general low share and high tax status quo in overseas markets, Warner Pictures finally only recovered more than 90 million US dollars in the global box office share, and this project alone brought Time Warner a loss of more than 100 million US dollars.
Time Warner's cable businesses such as Turner Broadcasting and HBO, while lucrative, could not afford to lose money in the dismal film business, and in the end, the entire group lost $280 million for the year, more than three times that of last year. As the founder of Turner Broadcasting and a major shareholder of Time Warner, Ted Turner even proposed to split Time Warner at the board of directors, although the general trend in recent years is resource consolidation, this proposal has still been echoed by many board members.
Viacom Group, which is firmly controlled by Summer, also exceeded 10 billion yuan in annual revenue with the strong revenue performance of the Blockbuster video cassette rental and sales chain, following Time Warner, reaching a scale of 107 US dollars. However, compared to Time Warner's huge losses, Paramount achieved a net profit of $760 million for the year.
If you want to talk about comprehensive strength, News Corp., which has a business scope throughout the Western world, should at least be on a par with Time Warner, but News Corp., which has a business scope all over the world, is too complex in terms of financial system and ownership structure, and some countries and regions will even settle their businesses separately. As a result, Twentieth Century Fox, a subsidiary responsible for the domestic film and television business in the United States, has become the main representative of News Corporation, and because of this, Twentieth Century Fox's status is very similar to that of Universal controlled by the Seagram Group, Columbia controlled by Sony, and MGM, whose performance has recovered rapidly.
In the first few months of the year, the American media successively counted the respective performances of the six Hollywood giants, but still could not wait for the most high-profile annual financial report of the Firefly Group.
Although the anticipation of the media people scratched their lungs, after several low-key board meetings and negotiations with the group's major creditors, a group of senior executives finally decided not to release the financial report of Firefly Group.
For non-listed companies, the release of financial report data actually has a very clear purpose, such as last year, because of the issuance of a huge bond of up to 8 billion US dollars, the integration of ABC Group has not been completely completed, coupled with Ron Perelman's acquisition of Firefly bonds and other events, in order to prevent unnecessary speculation and worry in the capital market, Firefly announced the financial data for the whole year.
This year, everything within the group is on the right track, there are no internal or external troubles, and there is no need to do this kind of thing in order to satisfy the curiosity of the capital market or the media.
Of course, Eric's lack of wanting to be too ostentatious is another important reason.
After several months of financial statistics, Firefly Group's annual revenue data was finally fixed at 23.9 billion US dollars, and the net operating profit was 2.57 billion, if you add the 1.25 billion US dollars follow-up from the original sale of ABC paper media assets and Disney's hand-drawn animation studio, Firefly's annual profit income has reached 3.82 billion US dollars, not to mention that this data is enough to say "come together" to the remaining six arrogant words. If you compare it upwards, in 1995, Ford, the most profitable of all the giant companies in the United States, had an annual revenue of $128.4 billion and a net profit of only $5.3 billion. Even excluding Firefly's $1.25 billion non-operating profit, the net profit income of $2.57 billion is enough to squeeze into the top 10 of the U.S. corporate profit list.
……
…… With the ratings boom caused by the second season of "Lust City" and "America's Top Model Contest", Lifetime TV has taken advantage of the situation to launch several other original series.
Although the results can't compare with the two ratings leaders, it is enough to fill the content of the other ratings of Lifetime TV, and it is no longer like last fall's "Flyover" and "America's Top Model Contest", and the other ratings are still deserted.
At the same time that Lifetime TV began to discuss the new year's annual share contract with cable operators more confidently, other media groups that have been following Lifetime TV have also begun to study the reasons for the rise of this TV station, yes, they plan to follow suit, this kind of thing is not only in the film industry now, even the FFM paid cable station that Firefly is preparing for is actually planning to follow HBO.
It's just that although the cable TV industry is on the cusp of a big explosion, Eric is not worried about these later followers, after all, in this country where all walks of life are firmly controlled by capital, there are not many people who want to make a decisive move when the situation is not clear at all, and when they react, Lifetime has already determined its position in the industry.
Similarly, in this country of capital, the first few months of each year are the time for major corporate giants to 'hand over their report cards' to investors, the media and even the public.
After last year's film tactics and the natural growth brought about by the strong recovery of the U.S. economy, Time Warner's annual revenue in 1995 reached $11 billion.
It's just that among the 25 films released by Time Warner throughout the year, except for "Batman Forever", which recouped $330 million at the global box office with an investment of $100 million, plus lucrative peripherals and barely made a profit, many other big-budget films with budgets of more than $50 million basically ended miserably.
In particular, the production cost of "Future Water World" is as high as 175 million US dollars, but the North American box office is only more than 80 million, although the global box office reached 260 million, but because of the general low share and high tax status quo in overseas markets, Warner Pictures finally only recovered more than 90 million US dollars in the global box office share, and this project alone brought Time Warner a loss of more than 100 million US dollars.
Time Warner's cable businesses such as Turner Broadcasting and HBO, while lucrative, could not afford to lose money in the dismal film business, and in the end, the entire group lost $280 million for the year, more than three times that of last year. As the founder of Turner Broadcasting and a major shareholder of Time Warner, Ted Turner even proposed to split Time Warner at the board of directors, although the general trend in recent years is resource consolidation, this proposal has still been echoed by many board members.
Viacom Group, which is firmly controlled by Summer, also exceeded 10 billion yuan in annual revenue with the strong revenue performance of the Blockbuster video cassette rental and sales chain, following Time Warner, reaching a scale of 107 US dollars. However, compared to Time Warner's huge losses, Paramount achieved a net profit of $760 million for the year.
If you want to talk about comprehensive strength, News Corp., which has a business scope throughout the Western world, should at least be on a par with Time Warner, but News Corp., which has a business scope all over the world, is too complex in terms of financial system and ownership structure, and some countries and regions will even settle their businesses separately. As a result, Twentieth Century Fox, a subsidiary responsible for the domestic film and television business in the United States, has become the main representative of News Corporation, and because of this, Twentieth Century Fox's status is very similar to that of Universal controlled by the Seagram Group, Columbia controlled by Sony, and MGM, whose performance has recovered rapidly.
In the first few months of the year, the American media successively counted the respective performances of the six Hollywood giants, but still could not wait for the most high-profile annual financial report of the Firefly Group.
Although the anticipation of the media people scratched their lungs, after several low-key board meetings and negotiations with the group's major creditors, a group of senior executives finally decided not to release the financial report of Firefly Group.
For non-listed companies, the release of financial report data actually has a very clear purpose, such as last year, because of the issuance of a huge bond of up to 8 billion US dollars, the integration of ABC Group has not been completely completed, coupled with Ron Perelman's acquisition of Firefly bonds and other events, in order to prevent unnecessary speculation and worry in the capital market, Firefly announced the financial data for the whole year.
This year, everything within the group is on the right track, there are no internal or external troubles, and there is no need to do this kind of thing in order to satisfy the curiosity of the capital market or the media.
Of course, Eric's lack of wanting to be too ostentatious is another important reason.
After several months of financial statistics, Firefly Group's annual revenue data was finally fixed at 23.9 billion US dollars, and the net operating profit was 2.57 billion, if you add the 1.25 billion US dollars follow-up from the original sale of ABC paper media assets and Disney's hand-drawn animation studio, Firefly's annual profit income has reached 3.82 billion US dollars, not to mention that this data is enough to say "come together" to the remaining six arrogant words. If you compare it upwards, in 1995, Ford, the most profitable of all the giant companies in the United States, had an annual revenue of $128.4 billion and a net profit of only $5.3 billion. Even excluding Firefly's $1.25 billion non-operating profit, the net profit income of $2.57 billion is enough to squeeze into the top 10 of the U.S. corporate profit list.
In this way, the position of Twentieth Century Fox is very similar to that of Universal, controlled by the Seagram Group, and Columbia, controlled by Sony, and MGM, whose performance has recovered rapidly, the next four different profits and losses, but they cannot be compared with the first three giants.
In the first few months of the year, the American media successively counted the respective performances of the six Hollywood giants, but still could not wait for the most high-profile annual financial report of the Firefly Group.
Although the anticipation of the media people scratched their lungs, after several low-key board meetings and negotiations with the group's major creditors, a group of senior executives finally decided not to release the financial report of Firefly Group.
For non-listed companies, the release of financial report data actually has a very clear purpose, such as last year, because of the issuance of a huge bond of up to 8 billion US dollars, the integration of ABC Group has not been completely completed, coupled with Ron Perelman's acquisition of Firefly bonds and other events, in order to prevent unnecessary speculation and worry in the capital market, Firefly announced the financial data for the whole year.
This year, everything within the group is on the right track, there are no internal or external troubles, and there is no need to do this kind of thing in order to satisfy the curiosity of the capital market or the media.
Of course, Eric's lack of wanting to be too ostentatious is another important reason.
After several months of financial statistics, Firefly Group's annual revenue data was finally fixed at 23.9 billion US dollars, and the net operating profit was 2.57 billion, if you add the 1.25 billion US dollars follow-up from the original sale of ABC paper media assets and Disney's hand-drawn animation studio, Firefly's annual profit income has reached 3.82 billion US dollars, not to mention that this data is enough to say "come together" to the remaining six arrogant words. If you compare it upwards, in 1995, Ford, the most profitable of all the giant companies in the United States, had an annual revenue of $128.4 billion and a net profit of only $5.3 billion. Even excluding Firefly's $1.25 billion non-operating profit, the net profit income of $2.57 billion is enough to squeeze into the top 10 of the U.S. corporate profit list. (To be continued.) )