The so-called family entertainment department includes the operation of film peripheral products, the distribution of DVD and video tapes, the dividend of films on TV platforms, and the sale of DVD players, game machines and other goods.
MGM film company, as one of the eight big Hollywood companies in the past, has been brilliant for decades. Although it is like today's Bo Xishan, the situation is low, the annual profit is low, and its overall strength is far inferior to the six big Hollywood companies, it has a solid foundation!
A library of 4000 films;
It owns the copyright of gone with the wind, the wizard of Oz, cat and mouse, 007, rocky, rain man, flying over the madhouse... A number of world-famous classic films;
More than 170 Oscar winners;
All this tells the glory of MGM.
Even though MGM's annual production capacity in new film production is low and its box office is low, the 4000 movie library it owns and the dividends it grants to major TV platforms each year are more than US $45 million.
"It's the end of the 1990s, but DVD is not popular yet. After 2001, MGM's annual revenue will reach more than $70 million with the authorization of DVD alone," he said
"MGM's $2.85 billion film library is worth $1.8 billion."
The number of films in the film library is the foundation of a film company.
Moreover, with a huge film library, the company can steadily bring tens of millions of dollars in profits every year.
Chuck, how can you stop?
"Even after 2010, DVD is in recession, but there are still online video websites and streaming media websites. At that time, it will be a huge revenue to license film and television copyright again."
Tut tut~
Zucker has been salivating for a long time.
Of course, the establishment of the home entertainment department mentioned by taro Hashimoto also includes the sales of electronic products and DVD players.
In this respect, Zhuke's Golden Dawn Entertainment Group is in an absolute inferior position.
Why did Sony buy Columbia Pictures?
To make a movie?
Bullshit!
Giant Sony still can't see the profit of movies!
They bought Colombia just to open up the North American market, promote their electronic products and promote their brand better.
"Boss, acquisition of film and television copyright is imminent."
Mr Hashimoto solemnly said: "I'm from Japan. I learned from my sources that Sony and Toshiba, the two major electronics giants in Japan, are currently studying DVD players with higher performance and higher definition. At that time, in order to compete for the market, they are bound to win over a large number of allies, and the film companies with a large number of film and television copyrights are bound to take the opportunity to make a big contribution. "
"We, Golden Dawn entertainment group, must not miss this opportunity to make money and enhance our influence."
The voice fell.
At the moment, Zhuke's heart is like a storm, hard to calm.
what the fuck!
"Little devil, taro Hashimoto is very powerful!"
"How could he have foreseen the future battle between Sony and Toshiba over the two formats of Blu ray DVD and HD-DVD? The fight over the DVD format of the two electronics giants has spread to a wide range, and almost all Hollywood companies have been wooed by the two companies respectively. "
"The battle over DVD format is as fierce as a financial war!"
"Even beyond."
"However, they are all losers in the end, because of the rise of Internet video and streaming media websites!"
"Sony and Toshiba lost both sides in the DVD format battle, but the major Hollywood companies made a lot of money."
MGM joined Sony and made a profit of US $470 million;
Warner joined Sony and made a profit of US $540 million;
Globegroup joined Toshiba and made a profit of US $610 million;
Disney joined Toshiba and made a profit of $760 million;
.......
Under a wave of operation, the major film companies have made a lot of money only with the authorization of the film library. In addition, with the DVD sales bonus, the major film companies have made a lot of money more or less.
This is a very easy way to get money, and Zucker doesn't want to miss it.
"Boss, before Sony, Toshiba and other DVD player manufacturing giants start the copyright acquisition plan, if we step in now, we will surely bring extremely rich returns to the company in a few years."
"Boss, please approve my request!"
The little devil, taro Hashimoto, bowed heavily to Zhuke.
What can Zhuke do?
Of course, I agree with him!
"Taro Hashimoto, I basically agree with you."
Zhu kechen said: "in the recent group meeting, I will mention this, but you must give me a perfect plan."
"Yes, boss." Taro Hashimoto was very excited.
When he leaves.
Zucker couldn't help sighing.
"Great
"Hollywood is full of people."
"Taro Hashimoto is not satisfied with his position as president of SpongeBob house. He mentioned setting up a family entertainment department and expanding the company's film library. He just wants to go further."
"Ho Ho, you can't underestimate it!"
Never underestimate the enterprising spirit of a professional manager!
In fact, the same is true.
The position of Victor, CEO of the group. Who is not staring at the top and bottom of the group now?
Donna Langley, Kevin Fitch, Alexander and so on, which one doesn't want to be in the top position and replace them?!
Even more rampant professional managers want to kick the boss out of the company, which is also a common thing.
Isn't that what Disney is fighting for?
Disney's Michael Eisner, through a series of means, has been cleaning up the power and influence of the Disney family in the Disney group. Of course, he failed in the end, but almost succeeded.
How crazy jobs used to be!
Isn't apple out, too?
Of course, he's back in charge of apple, but his stake in apple is very small, only 0.8%.
Yes, less than 1% of the shares!
At this moment, while appointing taro Hashimoto, Victor, Donna and others, Zhuke will never underestimate their ambitions and always be on guard.
"Ha ha, I'm not without a move. As long as Jin Shuguang doesn't appear on the market, none of them can take me." Zucker's mouth is up.
.......
A few days later.
The group's regular meeting in January was held as scheduled.
"My grand Greek Wedding" was published on February 14, 1999;
"Spartan 300 warriors" was published on April 7, 1999;
These two projects are the key projects of the group in the near future. Zhuke and others mentioned them constantly at the regular meeting.
"One last thing, Mr. Hashimoto submitted to me the idea of setting up a family entertainment department a few days ago. You can say what you think." Chuckles.
The voice fell.
A group of senior executives on the scene were all talking to each other one after another.
Old bill, President of Wald pictures: "I agree. Looking at the major Hollywood companies, which one does not have a strong film library? We, Wald film, now have less than 20 film and television copyrights. In the face of those film companies, we are always inferior. "
Kevin Fitch, vice president of Wald pictures: "I also agree that the film library of massive films is not only the company's inside information, but also the guarantee of the company's stable profits."
Golden Dawn Music's Domino: "I agree with you. And it's not just the film and television copyrights that need to be acquired, but the copyrights of our music companies also need to be expanded. "
Donna Langley nodded: "expanding the film library can bring more film and television broadcasting rights to WB TV network and UPN TV network. I have no reason to object."
Most of the company's senior executives are in favor of the proposal to set up a family entertainment department.
But!
There is a problem that we have to face!
That's the money!
Acquisition of a large number of film and television copyright, need a lot of money!
"In that case, I decided to raise $100 million from the group account for the acquisition of film and television rights and the expansion of the company's film library."
Zhuke looked at taro Hashimoto again: "it's up to you, Mr. Hashimoto."
"Yes, boss."
Taro Hashimoto echoed.
Although Zhuke doesn't like little devils, he has to admit that little devils, taro Hashimoto, has a way of doing things. What's more, this project is his first proposal, and he has made a complete plan.
"The first watch" is presented.