Chapter 1151 Hongmeng 2007 (Part 2)
Like Youku, Android is also a loss-making business.
After all, Android is licensed for free to mobile phone companies, and they get a share of APP revenue.
But now there are not many smartphone users, and Android only received less than 10 million Huaxia coins in the two quarters, which is better than nothing.
In comparison, R&D expenditures in the past two quarters alone were close to 400 million Chinese dollars.
Not to mention personnel expenses.
But Xu Liang doesn't care. The foundation of Android has been laid. As long as it continues to be developed, there will be a day when the rewards will be huge.
After Android, Yang Tingkun from Pangu Company gave a report.
"... In the two quarters of this year, Pangu operated 47 data centers around the world, including 11 ultra-large data centers with more than 5,000 servers, and the rest were large data centers with between 500 and 5,000 servers.
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Spread across five major states and 37 major countries around the world.
It has 193,000 servers and more than 1,500 employees.
As of now, Pangu has cooperated with 13,000 B-side clients, including well-known institutions such as Sequoia Capital, Kleiner Perkins Caufield & Byers, Jardine Matheson Group, New World Group, and CITIC Group. ”
The development of Pangu Company is naturally indispensable without the help of brother companies, especially Hanhua.
Hongmeng, Taihua, Kanghua, Facebook, Unocal, etc., large and small companies controlled by Xu Group, have all handed over their data storage business to Chaos Company.
This is a win-win option for both parties.
Companies such as Hongmeng, Taihua, and Kanghua have reduced their annual server purchase costs. They only need to pay a rent to Pangu Company, reducing expenses.
And Chaos grew its business.
Kill two birds with one stone.
As a world-class venture capital institution, Hanhua will recommend Chaos Company’s ‘cloud computing and big data business’ to all of its participating companies.
Start-up companies are already strapped for funds, so it would be best if they could save on the cost of purchasing servers.
In addition, Yihaodian and Alibaba cooperate with many B-side customers.
As well as many C-side individual users provided by Penguin.
Chaos Company has built one data center after another in the past two years, and its business volume is also booming.
"... In the two quarters of this year, Chaos Company's total revenue was US$324 million, a year-on-year increase of 64.7%. The main industry net profit was US$149 million, a year-on-year increase of 88.4%.
We are confident that Chaos' total revenue and net profit will double to exceed US$700 million by the end of the year.
In addition, in the next two years, in order to adapt to the rapidly growing cloud service and big data market, we plan to invest US$500 million to US$800 million to add more than 10 data centers.
Let Chaos Company's servers increase from the current 190,000 to 280,000.
The number of cooperative B-side users exceeded 50,000.
The company's total revenue exceeded US$1.6 billion. ”
Yang Tingkun is high-spirited. After years of hard work, Pangu Company is finally on the fast track of development.
The company's valuation is increasing day by day and has now exceeded US$8 billion.
The future is bright.
As the man at the helm, he has reason to be excited.
Xu Liang saw it and smiled.
"Kunlun has developed really well in the past two years. However, Lao Yang, don't just think about increasing the number of data centers.
The electronics industry is developing very fast. What is considered top-notch equipment now will look backward in two years.
Therefore, the servers in some of the earliest data centers built should be updated.
At the same time, attention should also be paid to appropriately expanding the data center that has been built according to the economic development of the place.
In addition, Kunlun needs to build some mobile data centers to cope with the surge in visits during holidays or company activities.
In a word, you should think of various emergencies in advance and make plans in advance.
This will not only improve the quality of our services, but also enhance our brand. ”
"Yes, Mr. Xu, I will hold a meeting when I get back to implement your request."
Xu Liang nodded slightly, "Chaos Company is now a world-class 'cloud' company. You can directly contact IBM, Dell, Inspur and other server manufacturers to customize servers according to our requirements."
"Understood."
After waving for him to sit down, Xu Liang looked at the only white man sitting in the front row.
Lang Meyer noticed Xu Liang's eyes and stood up accordingly.
"BOSS, everyone.
Universal Entertainment Group has achieved exciting results, with six movies released last year: "The Wolf Man," "Night at the Museum," "Transformers 2," "The Conjuring 2," "The Fast and the Furious: Tokyo Drift" and "Miami Vice" The box office exceeded 100 million, and "Transformers 2" achieved a brilliant achievement of 836 million US dollars at the global box office.
In the two quarters of this year, we produced five masterpieces with box office sales of over 100 million, including "Inception," "Bean's Golden Week," "American Gangster," "Immortals 2" and "Shrek 3."
Especially "Inception", the global box office has exceeded 600 million US dollars, but it has not been released in half of the countries around the world.
We estimate through big data that its box office will exceed US$800 million! ”
Ron Meyer looked excited, and looked at the Supreme Boss with admiration in his eyes.
"Transformers 1" in 2004, US$709 million
"The Da Vinci Code" in 2005, $760 million.
"Transformers 2" in 2006, US$836 million.
"Night at the Museum," $576 million.
This year's "Inception" grossed another $800 million at the box office.
For four consecutive years, all the movies selected by the big boss have made huge profits.
He was completely convinced.
“In the two quarters of this year, the global box office of Universal Entertainment’s self-produced films totaled US$1.621 billion, accounting for approximately 21% of the U.S. film box office market.
11.3% of the global box office market.
An increase of 17.6% over the same period last year..."
This year, DreamWorks Animation was officially merged into Universal Entertainment Group and became its subsidiary, which greatly increased its revenue.
"In terms of distribution, Marvel's "Thor" took in $450 million at the box office..."
Since Xu Liang acquired Marvel.
Since Marvel was acquired in 2004, three superhero movies have been filmed: "Iron Man", "Hawkeye" and "Captain America".
At the beginning, the capital was not enough, so one movie a year.
Since "Iron Man", "Captain America", and "Hawkeye" have been successful sales, Marvel, with its abundant capital, has launched two movies in a row this year.
A "Thor", a "Black Widow", and next year it will be "Hulk 2" and "Iron Man 2".
In 2009, the first "Avengers" was officially released.
I believe that Americans who have just experienced the subprime debt crisis and suffered heavy losses need superheroes to save them.
"In terms of TV series, two will be released in the first half of this year.
"The Walking Dead Season 2" and "Green Lantern", the former received a 7-point rating on IGN, with more than 20 million viewers.
The latter has an IGN rating of 6.4 and more than 15 million viewers.
The two TV series brought us a combined revenue of $186 million. ”
“In terms of theater chains, the group has further expanded its theater chain system in Central and South America, adding 7 new theaters and reinstalling some old theaters.
Currently, Universal Cinema has a total of 167 theaters, 2,148 screens, and 154 3D giant screens. ”
When Xu Liang first acquired Universal, Universal had a theater chain.
But this theater chain is partnered with Paramount.
Later Xu Liang bought it.
Four years down.
Universal Cinemas, which once covered more than 20 countries and regions including the United Kingdom and Ireland, has 132 theaters and 1,245 screens. The number of screens has doubled.
The giant screen theater has also grown from zero to the current 154 yuan.
After talking about theaters, Ron Meyer talked about film and television peripherals.
In addition to film and television distribution and theater chains, Universal's home entertainment company is also one of the world's largest film VCD and DVD video tape distribution companies.
It can generate more than one billion dollars in revenue every year.
Plus film and television copyright licensing income.
"In the two quarters of 2007, Universal Entertainment Group's total revenue was US$5.736 billion and net profit was US$1.83 billion..."
Ron Meyer, like his previous colleagues, tacitly agreed not to report debts.
However, Universal Entertainment Group’s debt has been greatly reduced compared to when it was first acquired by Hongmeng.
From the verge of tens of billions to the current US$7.25 billion.
At the same time, Universal Entertainment Group still has US$1.9 billion in cash on its books.
Over the past four years, Universal Entertainment Group's book assets have also increased by nearly US$6 billion, especially IP assets.
"Transformers Series", "Night at the Museum Series", "The Conjuring Series", "King Kong Series" and so on.
Fixed assets are mainly theaters in various places, accounting for a relatively small proportion.
The valuation of Universal Entertainment Group has almost tripled from US$10 billion in 2003 to nearly US$30 billion now.
Of course, there is his forward-looking guidance and the help of external forces.
But Ron Meyer's ability is also beyond doubt.
The other party led Universal Pictures, which produced a series of excellent films such as "The Bourne Supremacy", "American Pie", "Fake God" and "Meet the Father-in-law".
Even though Universal Pictures was acquired repeatedly at the turn of the century, Universal's box office revenue has always remained in the top three of the seven Hollywood giants.
After he finished speaking, Xu Liang said.
"How is the copyright negotiation for "The Hobbit" going?"
"We have purchased the TV and stage rights to The Hobbit from Saul Zaentz.
Movie rights are still being negotiated, but Sony has withdrawn.
At present, only the alliance composed of Warner, Weinstein Pictures, and New Line Cinema is competing with us. ”
Xu Liang nodded slightly.
Unlike "The Lord of the Rings", the film rights to "The Hobbit" were taken away by MGM very early.
After MGM was acquired by Sony and the "Lord of the Rings" trilogy became a huge success, the rights to "The Hobbit" suddenly became very popular.
Not only does Sony want it, but Warner, which owns some of the rights to "The Lord of the Rings," also wants it. In order to compete with Universal, Warner also roped in Weinstein and New Line.
Although MGM belongs to Sony, it is not wholly owned by Sony. With 34% of the shares, Sony needs real money to exchange for the equity in "The Hobbit".
But among the three competitors, Sony withdrew first.
"Boss, MGM hopes to co-produce "The Hobbit" with us and occupy 30% of the share. If we agree to this condition, they will reject Universal and cooperate with us." Meyer said.
"What about distribution?"
"Issuance is also the same proportion."
"Do you think I should agree?"
Meyer nodded, "If we continue to compete, we and Warner will only suffer losses and give Universal an advantage."
Xu Liang pondered briefly.
"Promise."
Read the original text in Liu#9@书/吧!
As he said, the only one who will gain from the expense is MGM.
"BOSS, the company's financial situation is now in good shape, and we can consider acquiring the Saul Zaenz Company."
Xu Liang was stunned.
Saul Zaentz has owned the publishing rights and peripheral development rights to all of Tolkien's works since 1976.
Including "The Lord of the Rings", "The Hobbit", "The Silmarillion" and a series of copyrights.
"Why?"
"If the development of "The Hobbit" is relatively successful, it will further increase the value of Tolkien's copyright. Now the merger will be beneficial to us."
"Can the copyright of "Lord of the Rings" be recovered?"
"If Warner is not active in development, there is still a chance."
Xu Liang understood.
The licensing contract for "Lord of the Rings" is actually similar to the superhero copyrights originally sold by Marvel.
If it is not developed beyond a certain period, the copyright will return to the licensing company.
So Sony makes a "Spider-Man" every three years.
From the earliest 'Toby Spider', to the second generation 'Super Spider', to the third generation 'Tom Spider', in just twenty years, eight films of various 'Spider-Man' were filmed.
Plus "Avengers" 3 and 4, and movies like "Captain America: Civil War."
A 'Spider-Man' TM was played out by Sony.
The key is to make money no matter how you play, which makes Xu Liang jealous.
That's the copyright of 'Marvel'.
In a way it was his too.
"Let's make contact first, see the other party's conditions, specific acquisitions, and wait for my notification."
"Okay."
The subprime mortgage crisis will really break out in another year. At that time, global assets will depreciate and it will be a better time to start than now.
After waving his hand, Ron Meyer sat down.
"I have listened to everyone's reports. They are generally good. I am very relieved and happy.
With the joint efforts of everyone, the Hongmeng family has become a world-class technology group.
But while I am happy, I am also a little worried.
Why?
I don't see much forward-looking stuff in your report.
Some may think I'm being nitpicky.
But I want to tell you that if we don’t have strict requirements on ourselves, we will definitely be eliminated by this market in a few years.
Don't think I'm being alarmist.
Give a very simple example.
The success of Internet companies such as Bing, Google, Facebook, and Sina has reduced the global traditional advertising business by nearly half.
The music businesses of Hongmeng Music, QQ Music, and Apple have collectively plunged the four major record companies into recession.
Therefore, it is not necessarily your peers who defeat you, but those who cross boundaries.
We don’t know when this ‘crossover’ will come, we can only think more and see more and be ourselves.
I have said this many times, and I will say it many times in the future.
I hope you can really listen to it in your ears and remember it in your heart.
Take it back.
What I am dissatisfied with today is that there is very little mention of ‘mobile Internet’ in your report.
I want to ask why? ”
Xu Liang's eyes were sharp and his tone was serious.
No one dared to face his cold expression.
"You didn't care before. I can understand. After all, there was a lack of real application scenarios and the Internet speed was not fast enough.
But now Kunlun mobile phones and Apple mobile phones are on the market, and 3G is also being implemented in various countries around the world.
The trend of computerization of mobile phones is becoming more and more obvious.
Some of you actually sleep on your merits? ! ”
Xu Liang's tone became more severe, and the atmosphere in the conference room became as cold as ice.
Xie Wen, who was standing next to him, saw this and couldn't help but sigh in his heart.
The big boss has been in a high position for many years, and his aura has nourished his body. Now he is becoming more and more powerful.
"You are all business elites and have made great contributions to the development of the company. I don't want to say too much. Think about it after I go back today. Combined with the actual situation of each company, come up with a 'mobile Internet' for me within a month." Development Plan.”
Hua Luo looked at the time, it was almost one o'clock in the afternoon.
"Okay, let's eat first, and then we'll have a discussion after dinner."
Hearing this, the originally tense atmosphere instantly relaxed.
Everyone finished lunch in the company restaurant, and the meeting continued in the afternoon.
The discussion focused on the development of individual subsidiaries.
Everyone can comment on the development of each subsidiary.
Even provide suggestions and suggestions for the development strategy of the head office.
The meeting continued the next day.
The mid-year summary meeting was not over until three days later.
On the fourth day, Xu Liang held a banquet at the Sixth Building to entertain all the company executives who came over. He also invited them to visit several famous scenic spots in the capital before sending them off.
……
"Lao Xie, the meeting is over, what do you think?"
Xu Liang poured a cup of tea and asked with a smile.
"All subsidiaries are developing very well. Even those that are not profitable, such as Android and Youku, have a relatively bright future. The only one that makes me a little worried is 'Sina'.
The performance of the portal business is getting worse and worse, and the market values of Yahoo, us, AOL, Sohu, and Yahoo Japan are all falling.
No improvement is in sight at the moment.
I'm afraid, as you said, portals are a thing of the past. "Xie Wen sighed.
He had always heard that the big boss was not optimistic about the future of the portal business, so he was somewhat skeptical.
Now I completely believe it.
"Your concern is right, but it won't have much impact on us. After all, Hongmeng doesn't hold much equity in Sina anymore." Xu Liang said with a smile.
Xie Wen also smiled and nodded.
24.17%. Although it is still the largest shareholder, it is indeed not much.
“Do I still need to continue reducing my holdings?”
"Reduce, why not reduce? Continue to reduce without affecting the stock price and without affecting our control over Sina."
Sina implements the AB share system.
As long as Hongmeng holds 6% of Sina's equity, it can firmly hold control.
Xie Wen nodded slightly and said, "Mr. Xu, Sina's current business is not just a portal. Soufun, Autohome, Tieba, and especially Weibo are all developing well.
If too much equity is given away, we will not be able to share the benefits of the company's growth. ”
"Lao Xie, don't worry. If you sell it today, you still have a chance to buy it back."
Xie Wen was stunned for a moment, with a hint of surprise in his eyes.
Although he is only the COO of Hongmeng, from a high position, he can also detect changes in the global business community.
The real estate crisis in the United States seems to be getting worse.
His boss also talked to him privately about the real estate crisis in the United States.
Once it breaks out, it is indeed a good opportunity to buy the bottom.
"In this case, Bing, Yihaodian, Kingsoft, and even Hongmeng Games after listing will have to sell some of their shares."
Xu Liang smiled and said: "Lao Xie, you are still so sharp."
"My abilities are far behind compared to yours."
Putting down the teacup in his hand, Xu Liang continued.
"You really have to sell, sell as much as you can without affecting the overall situation."
Xie Wen nodded.
"By the way, how much cash is there in the group's account?"
"US$41.76 billion is currently held in the accounts of ICBC Overseas, China Construction Bank Overseas, Standard Chartered and JPMorgan Chase."
"Don't touch this money, and don't make any high-risk investments except treasury bonds and overnight lending."
"Understood."
Hongmeng will not only keep this money for bargain hunting, but also expand Hongmeng’s business.
(End of chapter)