Heads Up Hollywood

Chapter 365 The Gambling Agreement

Jack Welch shook his head, admonishing him, "Twain, it's good for young people to be aggressive, but not arrogant! Lei Shidong...is old, but his life experience is the greatest wealth. If you If you dare to underestimate this kind of person, you will definitely suffer a big loss."

Tang En smiled, "I didn't underestimate him... Well, in fact, I did not think much of him for a while, but after your enlightenment, my mind has changed. But it doesn't matter, my hand ...There are still some resources that can be used, send Mr. Redstone, let him let STA TV network go. "

Jack Welch was angry and funny, "It can solve a temporary crisis, but it is not a long-term solution! When he feels threatened by you, small favors are useless at all!"

Viacom Group has the largest cable network in the United States. Of course, if Disney integrates the newly acquired Fox Home Entertainment Channel, its market share will be even higher.

But in front of Tang En Pictures, Viacom is a giant!

Jack Welch knew a little about television when he bought NBC broadcast television when he was at the helm of General Electric. In his opinion, if the TV network wants to grow and develop, it is impossible without ten years of work!

Backed by the powerful news corporation, FOX TV network has developed for 20 years, and its market share is only about 15%, which is incomparable with traditional CBS, NBC, and ABC.

This is an industry determined by time accumulation and user habits.

Even if Tang En could use some small tricks to delay Lei Shidong's decision to suppress. But it can't be saved for a while, and in the long development process of STA TV network, Viacom's suppression will come sooner or later!

When the time comes, it will be a catastrophe!

All efforts will be turned into water.

Tang En obviously didn't think so, his face was full of himself, and he said with a smile: "Mr. Welch, in my opinion...it is enough to solve the temporary crisis!"

"Huh?" Jack Welch frowned, "Can you break Viacom's monopoly?"

"No, no, no!" Tang En immediately waved his hand, "Viacom is a giant, with a strength that cannot be shaken in a short period of time. But the TV networks under Viacom are mainly basic cable TV networks. Weir Mr. Qi, I don’t know if you can understand when I say this, STA TV network is a professional cable TV network, and in this regard, Viacom’s only subsidiary is Showtime, which is very powerful, but not omnipotent.”

Professional cable TV stations are new products. In addition to operating fees, they also require additional subscription fees, which are more expensive, and require a special encryption box to transmit content.

Jack Welch said: "I know, HBO and SHO. But those two TV stations are backed by large media groups and have more and richer content sources. After decades of development, you can Occupy this market in China?"

Tang En paused for a moment and said with a smile: "Mr. Welch, in the traditional TV field, the main profit method is advertising, but professional cable TV stations do not insert advertisements! In other words, professional cable TV stations and the past three major public TV stations It is a completely different business model and operating philosophy from nearly a thousand basic cable TV stations.”

Jack Welch narrowed his eyes slightly, watching the young man sitting across from him speak with eloquence, and the self-confidence he showed was a bit like his back then.

At the age of 30, he tried his best to persuade General Electric to invest 10 million US dollars to establish a Norrell Plastics factory, and he volunteered to be the director of the factory.

Since then, the road to dominating General Electric has been opened.

Looking at it now, the hard work, sharpness, and self-confidence displayed by Tang En are more than equal.

No wonder he has achieved such great success in just a few years, and his personality is particularly outstanding.

Tang En said: "Professional cable TV stations, in my opinion, there is no difference between the business model and the film market. There is only one concept-content is king! "Pearl Harbor" is so popular, but it lacks content, so it can only fall. Last year Back then, Twain Pictures was once in bankruptcy crisis, but "Spider-Man" made Twain Pictures the seventh giant after the six Hollywood giants! Content is my trump card!"

Jack Welch shook his head amusedly, "You mean Band of Brothers?"

Now, the entire United States knows that Steven Spielberg, Dawn Walker, and Tom Hanks, three Hollywood gods, have jointly invested 120 million U.S. dollars to shoot a miniseries about World War II. Not small.

Tang En didn't deny it either, "The Starz TV station is currently broadcasting our self-produced drama "Six Feet Under", and it will be followed by "Band of Brothers."

Jack Welch said disapprovingly, "With just one or two TV series, you can change the landscape of the professional cable TV industry? Tang En, you are beyond imagination."

"Haha! Mr. Welch, you specialize in technology. You are an expert in management, but I am an expert in the content field." Tang En's tone was a bit flamboyant.

Jack Welch frowned, a little displeased.

Tang En said: "Mr. Welch, in traditional industries, or in the field of manufacturing, perhaps, as you said, the development of enterprises is a race against time. But in the field of movies and professional cable TV, sometimes there is no need to accumulate. It's the same as an overnight star. "Spider-Man" made Twain Films become famous overnight, and "Band of Brothers" can also make STA TV network become a god!"

Jack Welch shook his head again and again. As a traditional businessman, he seemed to be a Hollywood acting school. What he admired was the accumulated accumulation, and he couldn't accept a star who became famous overnight. "Twain, you are too confident!"

Tang En said lightly: "Confidence comes from strength! Tang En Pictures has "Spider-Man" and "Unsinkable", which solved my big trouble. "Six Feet Under" and "Band of Brothers" are the STA TV network The Conferred God Stairs."

Jack Welch smiled, "So... from your point of view, as long as you keep Redstone safe from doing anything to you in the next few months, you will have the confidence to overthrow Showtime TV in one fell swoop and become a professional cable TV station. Oligarchs in TV?"

"That's right!"

Jack Welch praised Tang En's self-confidence, but his ideas differed too much.

Taking a deep breath, Jack Welch said with a smile: "After retiring from General Electric, I plan to open an MBA study class. In addition, I will also open a Jack Welch consulting company to find some Cooperation, you have a great reputation, so I paid attention to you early."

Tang En's face changed, "If I had known this, I would have followed your wishes just now, what a great opportunity!"

If they could cooperate with Jack Welch Consulting Company, it would be equivalent to Tang En Pictures having Jack Welch as an economic consultant.

An old house where a treasure!

Jack Welch's experience and talent in management will be of great help to Tang En's company.

"Don't worry too much." Jack Welch waved his hand, "Well, let's see the result. If the development of the STA TV network is really as you said, just two TV series can break Showtime TV I will go to your company as a consultant. Of course, if you don’t dislike me as an old man.”

"how come?"

Tang En's eyes widened at once, and the excitement was beyond words.

This is definitely a huge surprise!

Although Jack Welch is not a Hollywood person, his business management and strategic thinking have commonalities, and Jack Welch has a great reputation and rich contacts, which is a treasure!

More importantly, the profession of consultants repels each other.

Jack Welch came to Tang En Pictures as a consultant, so it was impossible for him to advise potential competitors such as Disney, News Corporation, Viacom, and Comcast.

In other words, in the media field, Tang En will be the only supporter of Jack Welch!

And sooner or later, Tang En will enter the public TV station. CBS is owned by Viacom, ABC is owned by Disney, and the only three public TV networks in the United States are General Electric's NBC!

With Jack Welch's connections and influence in General Electric, isn't this acquisition easy to grab?

There are so many benefits!

Tang En stood up, held Jack Welch's hand with both hands, and said excitedly: "Mr. Welch, I am very grateful for your appreciation. We will definitely establish a very pleasant cooperation experience!"

"Wait! I haven't agreed yet. This is a gambling agreement."

"On gambling?"

Tang En laughed loudly, "You are bound to lose!"

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