Chapter 428: Our Interests Are Aligned
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"So, Mr. Li, are you also interested in News Corp?" John asked, inexplicably. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
"If I had before, I might not have had any interest in News Corp., after all, I had no connection with him at all, and my career did not intersect with him. Such a behemoth may be swallowed by him at any time, so I would rather stay away from them so as not to let them take a fancy to it.
But now it's different, now that you Twentieth Century Fox have reached an agreement with them, and I'm much closer to them. I have only one DreamWorks in Hollywood, and the backer of DreamWorks is your Twentieth Century Fox, and if there is a backlash on your side in the future, then my DreamWorks will be in danger. Without your help, my dream factory would be a piece of fat.
For the sake of my own industry, I also have to find a qualified backer, and News Corp can only be my only choice. After all, I'm not familiar with other giant companies, and those guys may not like me as a job-grabbing person, so my relationship with you is too close. In order to create more value for my company, I had no other choice. It would be a good thing for me to take advantage of this opportunity to join News Corp. Li Mingbao said with some emotion.
Originally, his relationship with Twentieth Century Fox could barely maintain some balance, although Twentieth Century Fox also had coveted DreamWorks, but at this time, with the capital of Twentieth Century Fox, it was not so easy to swallow DreamWorks completely. Because when Twentieth Century Fox didn't care too much, the foundations of DreamWorks were laid.
At that time, Li Mingbao relied on niche movies such as horror movies, and the sword went sideways to avoid everyone's attention, and when everyone began to pay attention, the DreamWorks industry was also solid, even if the Twentieth Century Fox Company had an idea, if they didn't pay a big price, it would be impossible to get DreamWorks, that is, because of this, the relationship between Twentieth Century Fox and DreamWorks was quite delicate, and Twentieth Century Fox provided DreamWorks with a certain amount of protection. Then DreamWorks gives Twentieth Century Fox some benefits in some aspects to achieve a win-win situation, and then maintains a balance, no one can help anyone, and everyone can be harmonious.
Originally, Li Mingbao also planned to bully the store, and after settling the affairs in Hong Kong, and then getting on the right track, he made efforts on the side of DreamWorks, using movies as cannonballs, and in a very short period of time, he expanded his assets, and then had a showdown with Twentieth Century Fox. At that time, whether it is to acquire them or merge with Twentieth Century Fox, it will be a good thing for Li Mingbao, because it means that he can mobilize some resources of Twentieth Century Fox, and it will not be difficult for him to become the owner even later.
But before Li Mingbao had time to make more moves, Twentieth Century Fox was taken by the Murdoch guy. His DreamWorks can ensure a certain balance with Twentieth Century Fox, but against a behemoth like News Corporation, even if Li Mingbao's brain is pumped, he knows that it is not an opponent at all, and DreamWorks, which can make Twentieth Century Fox collapse a mouthful, can only be used as a meal in News Corporation, and the two sides are not of the same order of magnitude at all.
In such a situation, Li Mingbao's choice is really not much. Either completely cut off all ties with Twentieth Century Fox and work on your own. Or, as Li Mingbao chooses now, since he can't resist, then he can only accept and go directly into the News Corporation, not only does he not have to face the harsh environment like fighting alone, but he can also use more resources of the News Corporation.
If it were still the 70s, Li Mingbao would not be able to fight alone, relying on his own resources, and directly send DreamWorks to the position of a giant. But it's the 80s, and it's still in the era of Wall Street and foreign capital giants frantically pouring into Hollywood.
In this era, for those giants, it is a gluttonous feast, even the giants of Hollywood can't resist the invasion of capital, from top to bottom, you don't want to have a safe place. The giant companies can't resist the power of capital, Li Mingbao is not stupid, he understands that there is no point in fighting alone, and if he doesn't cooperate, he can only be suppressed.
Instead of wasting the chess piece of DreamWorks in vain and making its value completely unplayable, it is better to find a qualified backer, go directly inside, and then follow those large capitals to eat, although it is weaker, but after all, it is still a way out. If he had eaten Japanese flesh and blood in 85 years, Li Mingbao would not have had to worry so much, and with his own capital, he would have been able to be a Tyrannosaurus Rex like News Corporation, but the problem is that there is less time, even if he can make a fortune in Hong Kong's finance by the end of this year, that money may be pretty good in Hong Kong, but on the Hollywood side, it is not enough to see at all. So even if Li Mingbao has the ambition of a Tyrannosaurus rex now, he can only be a sheep.
John didn't know Li Mingbao's entanglement in his heart, after hearing Li Mingbao's answer, John also understood Li Mingbao's true thoughts, Li Mingbao didn't want to enter the News Corporation, nor did he want to compete with their Twentieth Century Fox Company, doing so was just the most basic self-preservation. John still knows the prospect of DreamWorks, and knows that it may not take a few years, as long as Twentieth Century Fox still supports DreamWorks as it does now, then it will not be too difficult for DreamWorks to be able to cross-hold shares with Twentieth Century Fox in the future.
But at this time when it was thriving, there was suddenly a Tyrannosaurus rex who took a fancy to this place, Li Mingbao didn't want to sell his hard-earned things at the final price, so there was only such a choice, to put it bluntly, Li Mingbao's current actions were completely dragged down by their Twentieth Century Fox Company. And John also knows that many film companies like DreamWorks that rely on Twentieth Century Fox will make such a choice in the future, so Li Mingbao's approach will not be an example, but an inevitability. Who told them, the bosses of Twentieth Century Fox, that they couldn't keep their own property? Those who follow them will definitely have a choice.
At this moment, John wondered a little bit about what his group of people were doing, whether it was a little inconsiderate, after all, Twentieth Century Fox, as one of the giants of Hollywood, and the companies attached to them were not a small number, if they really had to be calculated, the strength of Twentieth Century Fox was not weak, otherwise it would not have been targeted by a predator like Murdoch. But as soon as such a thought arose, John himself was extinguished. After all, these companies that are attached to the Twentieth Century Fox can be regarded as the power of the Twentieth Century Fox.
However, the ownership of these companies is not in them, and the potential value of these companies is actually a very small proportion of the company's calculations, which is also the most common practice in acquisitions. Otherwise, why would so many new companies be willing to buy those old companies? I'd rather have a slightly higher price and get my hands on the old company. Isn't it for the sake of these potential benefits? Buying an old company is not only what the old company gets, but also the connections and resources left over from the old company, which is what is really important to the new company. What the old company can't play can be put into the new company, and it's completely different.
In line with the idea that friends of the dead Dao are not dead and poor, John sees such things very lightly, as long as he does not lose his own interests, then everything is easy to say, including the suggestion put forward by Li Mingbao, John thinks it is a pretty good idea.
No matter how much Li Mingbao thinks about News Corporation, such a cooperation is good news for Twentieth Century Fox. If the profits of those TV stations in Twentieth Century Fox can be increased in a short period of time, and when the time comes, News Corp. will pay more for the contract. Overall, it's a good thing for their company.
"Mr. Li's idea is also a good thing for our company, but if the copyright has always been in Mr. Li's hands, then the value of our Twentieth Century Fox Company will not rise to a limited extent? Otherwise, Mr. Li, you set up a TV program production company, and then we will develop those programs together, and share the risks together. In this way, it will not be that News Corp will not make an offer. John said to Li Mingbao.
"Joint development, joint risk-taking, what about patent rights?" Li Mingbao asked a crucial question.
"Just like Mr. Li said, the overseas patent rights are your own, Mr. Li, and we, Twentieth Century Fox, do not occupy the overseas market at all, but in the North American market, we have half of us, so it is reasonable. At the same time, Mr. Li, your company's programs can only cooperate with our 20th Century Fox TV station, and in North America, we 20th Century Fox have the exclusive right to distribute them. John set the conditions.
As for John's last request, it is actually quite necessary, because if Li Mingbao really has so many programs, and when the time comes, he will not only sell them to Twentieth Century Fox, but also sell them to other opponents, then Twentieth Century Fox will not suffer a loss? After all, Li Mingbao's program is not so famous at all, but if it can be sold at a good price at Twentieth Century Fox and the ratings are quite good, then Twentieth Century Fox is equivalent to advertising Li Mingbao.
Originally, others were not willing to take over Li Mingbao's door-to-door sales, but with the precedent of the 20th Century Fox Company, then other companies would be able to understand the value of Li Mingbao's program at once, so that in order to compete in the market, other companies would definitely compete with the 20th Century Fox Company, and in this way, Li Mingbao would take a big advantage. John didn't want Li Mingbao to stand aside and watch the excitement, so he simply made restrictions on this aspect.