Chapter 6: Selling Oranges for 100 Billion
Hulu is a video-sharing platform, Ant Search provides traffic and technology, and various film companies produce film sources. The profits are distributed proportionally, which is like a music copyright center, where everyone puts all their works for unified settlement.
Although many people can also see that Chen Bo is actually a white wolf with empty gloves, and not giving a penny of royalties is all about painting a big pie, but no one questions his ability to make money. This is something that has been proven in the market, and the wool from News Corp. and the big one from Microsoft are enough to impress them.
What's more, even if they are interested in doing the Internet, they lack experience and ability, after all, they are proficient in the industry. Disney has learned from the past, and other companies can't afford to lose money.
The cooperation between the two sides was quickly agreed, but the details need to be discussed one by one.
For example, some black-and-white films and silent films in the last century were not worth much, and they will not have much income in the future, and they will have to be digitally transformed. This is all a family package price, and it can be given by looking at it.
There are also some bad movies with a very bad reputation that also need to be picked out, so you can't just stuff them all over and want to share the accounts, right? What so many good things.
There are only a few hundred movies in total that are eligible for account sharing, and the rest are all foils, and Chen Bo successfully obtained the exclusive copyright at an extremely low price, and the royalties paid at one time are only tens of millions of US dollars.
After all this was done, Chen Bo rushed back to Sunnyvale non-stop, and then Netflix announced a restructuring and suspended trading on the Nasdaq.
Chen Bo and Hastings closed the door, and after a series of discussions, they finally decided to invest $70 million to pocket all the remaining shares of Netflix. After the privatization of Netflix, it was reorganized into Hulu.com, with a $200 million capital injection and full control by Ant Search, and Hastings himself received a 1% stake in Ant Search, still serving as the CEO of the new company, and enjoying high options in the future.
Hulu has not yet been launched, but it has attracted a lot of attention, undoubtedly building momentum in advance, which also drops a depth charge on the video-sharing site.
You must know that in the Internet industry, whenever Chen Bo makes a move, there is basically no small action.
Whether it is the YouTube team, Google video and Yahoo video, they are all shocked, and the chrysanthemum is tight. Prepare for a bloody battle. But what they didn't know was that Chen Bo had already quietly pocketed the boss, but it was just used for fishing.
Why?
YouTube does look good on the surface, but in fact, it is difficult to make a profit for 10,000 years, the video website consumes server storage space, coupled with the copyright problems and high traffic promotion costs that are rising year by year, it is difficult for any company not to lose money.
But Chen Bo got the copyright, so all that remains is to solve the problem of profitability, what does Netflix do? DVD rental, turning the previous membership fee into a business is to watch movies online for free, which solves the problem of membership recruitment in the American market.
Coupled with the additional ads, and the traffic support of Ant Search, the profitability is just around the corner.
Chen Bo is not optimistic about the YouTube model, so he simply uses it to pit his opponent and borrow other people's pots to make up his own wall, which doesn't feel too cool.
After solving the problem of Netflix, Hulu was launched, and it was the first to be launched in the world, directly with the advantage of more than ten language versions.
The Chinese name is "Hulu.com". First, the gourd is hollow, which means that it can hold more content. Second, the gourd net, the gourd baby, is also easy to call. In fact, it's called a snoring net, but it's okay, but it's not so concrete.
The promotion in China is even better, with 70 million installed users, the storm video and audio are upgraded with a little bit, and the grass green skin is immediately changed into a gourd King Kong. It can kill a lot of software clients in an instant, which is almost like a magic hand.
The reason why Hulu.com dared to make its debut in the world was because of him. So many data centers have been opened one after another, which gives him this confidence.
With an infrastructure team from China, a data center can be built in an average of 6 months, while Google's data center of the same level has been shortened from 18 months to 10 months.
Amazon's AS cloud data center, although the technical conditions of the reserve are perfect, will not be officially put into use for about 8 months.
In terms of infrastructure, Ant Search has outperformed other companies.
And Chen Bo's ambitions are even greater, far more than that.
After Hulu.com was launched, Chen Bo went on to buy IGN for $120 million, which is the world's largest game media website, which had already become famous as early as the first wave of the Internet bubble, and he has survived until now.
When everyone thought that he was going to improve the content chain of Ant Search, in fact, what he cared about most was the TED Global Conference in the hands of IGN founder Anderson.
TED is made up of the initials of "technology," "entertainment," and "design," three broad fields that together shape our future. In fact, the scope of the event is constantly expanding, showcasing a variety of insights from almost every field.
Founded in 1984, it has been held annually in Monterey, Los Angeles, USA since 1990, and is now held annually in other cities. It invites thought leaders and doers from around the world to share what they are most passionate about.
Participants called it the "Super Brain Spa" and the "Four-Day Journey to the Future". Conference attendees tend to be CEOs, scientists, creators, philanthropists, and more, who are almost as good as the speakers.
While tens of thousands of people apply to TED each year, only 1,000 are invited, who are "curious, creative, open-minded, and passionate about making a difference" and can afford to pay $7,500 a ticket.
It was a brainstorming session, one such speaking session, which was acquired by Anderson for $6 million. Because he is a non-profit organization, he comes to the world to spread the views of every speaker.
Now after Chen Bo acquires it, it will be broadcast for free to the world on Hulu.com, and its value is similar to that of Wikipedia and Academic Alliance. It's not profitable, but it can make a bigger impact.
So it was left to Wales to take care of it, and the 2005 TED conference and Wikiconference will be held in Ant City and in the summer, for a week in total, there will be an intellectual carnival.
"Crazy, the whole world is full of praise for you." Liu Zhen is now qualified to be his legal assistant, holding a stack of newspapers on his desk and saying, "No one even knows what you're going to do next." ”
"I've never read a newspaper, so I'll give it to Hoffman." Chen Bo just raised his eyelids, glanced at the newspaper on the table, and said, "Do you remember what Lao Tzu said?" Blessings and misfortunes depend on, and blessings and misfortunes depend on! If I make a mistake, I will definitely be scolded to the fullest, and now is not a good sign. ”
"You're quite anxious." Liu Zhen smiled and took the newspaper into his arms again, and said, "I don't know how many people are envious and jealous of you." ”
"I'm afraid it's still hateful."
Chen Bo stretched his sedentary waist helplessly, and inadvertently glanced at a news box popping up on the computer desktop, with a message that read, "The French government is ready to kill the killer and solve the high debts of France Telecom, including the assets of Vanu Aitu, Orange, Equant and other companies." ”
"Wait a minute." Chen Bo stopped Liu Zhen, who turned to leave, and then said, "Do you know the French orange company?" ”
"The telecommunications company?"
"Yes."
"Well, that's a long story. Have you heard the story of selling oranges for hundreds of billions? Liu Zhen said mysteriously.
"Orange is an orange, of course I know, who is so good, sold for hundreds of billions. It seems like it's just a mobile communications company, right? Chen Bo didn't know why.
In the 90s, he bought a mobile communications company called British Rabbit, and then partnered with British Airways to launch the Orange mobile brand. At that time, the Nasdaq bubble was not only the concept of the Internet, but also the concept of 3G and fiber broadband. ”
"I know this, AOL Group was stirred up in the name of optical fiber, but it is longer than Si, and it also dies."
Huo Jianning, president of Hutchison Whampoa, invested 500 million US dollars in the development of 3G communications for orange, which suffered serious losses, and sold it to Deutsche Telekom for 160 billion Hong Kong dollars at the end of the century. I made a lot of profits! ”
"Hutchison Whampoa? Brother Jiacheng's company also invests in telecommunications, isn't it only real estate and supermarkets? Chen Bo sounded quite staggering, and he felt that he was ruthless enough to make more than $9 billion through Fox Live, and compared with Li Chaoren, it was completely insignificant.
"Then you are very wrong, the main real estate is Cheung Kong Industrial. Hutchison Whampoa's businesses are in the port infrastructure, hospitality, retail, and energy and telecommunications industries. You should always know about the UK's Three Telecom Group, right? On Hong Kong Island, this company is also dominant. It was created by Hutchison Whampoa Investment. ”
"Huh? How do you know so clearly? ”
"My grandfather opened the largest patent company on Hong Kong Island, and they represent all the businesses of Cheung Kong and Hutchison Whampoa.
"Ahh Isn't your grandfather Lao Lao Liu? ”
"What a name are you?" Liu Zhen gave him a blank look.
"Then how did it become a subsidiary of France Telecom?" Chen Bo also felt that this title was a bit inappropriate, so he returned to the topic and continued.
"A year later, France Telecom acquired a wholly owned sub-brand for 24 billion euros, and that's it."
"You can help me look up the information of France Telecom, the more detailed the better. By the way, apply for a route to London the day after tomorrow, and then make an appointment with the heads of JPMorgan Chase and Goldman Sachs in London. The United States has tossed enough, and it is time for us to go to Europe to be arrogant. Chen Bo then commanded.
"Your brain is really jumping, why did you jump to a telecommunications company again, being your assistant is really not generally competent."
"But as long as you can do it, you are already in charge, Liu Qing is already the president, and your future is definitely not worse than her."
This sentence was half expectant and half coaxing, and Liu Zhen walked out of his office suspiciously.
(End of chapter)