Chapter 591 Universal Studios
"Lon, Universal is developing well under your leadership, and I have no intention of replacing anyone."
Lon Meyer was relieved, and his position was saved. .
“Universal Pictures will be directly managed by the parent company in the future. However, you must keep in touch with Hongmeng Entertainment, communicate in a timely manner on film distribution and promotion, and jointly promote and develop together.”
“Okay ”
Although he agreed, the look on his face showed that he was not too interested in Hongmeng Pictures.
But this is normal. While Universal is producing blockbusters worth over 100 million US dollars, Hongmeng Entertainment’s film production department is still producing suspense films, romance films and other small-budget films worth hundreds of thousands of dollars.
No one would take this kind of cooperation seriously.
But Xu Liang didn’t say much. The integration of Universal and Hongmeng’s businesses will be a long-term matter. If you want to eat a fat man in one bite, there will only be problems in the end.
“Do you have any suggestions for the development of Universal?” Xu Liang asked.
"BOSS, artistic creation is something that pursues individuality, so I hope Universal Pictures can exist as a subsidiary."
Grange is very nervous, because now the global music market is online music Under the impact of the epidemic, things got worse and worse.
Now I am giving it to Universal because I want to stabilize Universal as soon as possible, which has been experiencing repeated transactions and is experiencing internal turmoil.
So, we just told Hongmeng Music to hand over the PolyGram music label and the Chinese singers who signed contracts with it, and no further business arrangements were made.
Universal spent more than 10 billion US dollars to acquire PolyGram in 1999, but in just four years, PolyGram's value has shrunk by more than half.
After lunch and chatting for a while, Ron Meyer left.
In this context, when Lucian Grange faced Xu Liang, he felt three quarters short.
Even he was ready to be fired.
The funds under Hanhua will be open to invest in employees of its major companies.
“After you go back, tell the middle and senior management of the company that if they want to invest in the Pacific and Qinglong funds, I can leave them a certain share.”
“BOSS’s Chinese food is a coveted delicacy among the upper class in the United States.”
This is Pacific and Qinglong, the world’s best performing hedge funds and private equity funds. I don’t know how many people are drooling with envy, but they have no investment. Door.
Watching his leaving figure silently, Xu Liang breathed a sigh of relief.
Xu Liangliang was moved and then smiled.
Universal Music contributed almost half of Vivendi’s huge debt of more than 20 billion euros last year.
Even the entire Universal Music Group has become a negative asset. The music giant that was originally worth 20 to 30 billion US dollars has shrunk by at least 60%.
Hongmeng implements a feudal system.
Lon Meyer smiled and said, "Hongmeng's game business is so good and it is developing rapidly in the global entertainment industry. I often pay attention to it."
"BOSS, I think Everyone at Universal Pictures will be grateful for your generosity.”
Xu Liang’s idea is simple, want a semi-independent state? no problem.
Now it is so easy to open to them.
“Let’s do it step by step.”
Universal Music, a giant that holds 30% of the global music market, will soon follow the video industry in the mobile era after going through the trough of the PC era. The explosion broke out.
Although he really wants to get involved in Universal's management, there are some things that he can't just think about.
As long as half of the profits are handed over every year and the performance of the subsidiaries is not too bad, the headquarters will basically not interfere with the operations of each subsidiary.
As long as you can make money for me, everything is fine. If you can't make money, then I'm sorry.
Lon Meyer said confidently: "Please rest assured, Universal Pictures has always been the most profitable film company in Hollywood."
Lu Hui came over and said, "Mr. Xu, lunch is ready Okay.”
So over the years, the middle and senior management of Hongmeng, Hanhua, and Jianlibao have always been very stable. Except for being fired for doing something wrong, they have rarely been poached.
“I’m waiting to see how you perform.”
However, Xu Liang, who knew the major trends in the music industry in the future, did not blame him.
Xu Liang smiled and said: "It seems that you are very clear about Hongmeng's model."
And during the original negotiation, Vidywang Universal originally planned to bring together all American companies such as Universal Music and Universal Pictures. Entertainment assets are bundled for sale, but GE is determined not to. It would rather give up the merger than Universal Music. This shows how pitiful this asset is.
“I can respect your choice, but Universal Games must also give me performance guarantees, otherwise I will directly intervene in Universal’s management and development.”
The look in Ron Meyer’s eyes Exuding excitement.
The next day, Lucian Grainge, CEO of Universal Music Group, visited and the two parties discussed the future of Universal Music.
“My generosity is given to you, but Universal must also produce worthy results.”
“Global will not let you down.”
As a child President of the company, possessing considerable independence.
While giving them a benefit, it also increases their loyalty.
Xu Liang nodded and said, "Lang, I prepared Chinese food for you, would you like to try it?"
With a market value of over 50 billion US dollars at its peak, it has huge potential.
As for the European and American singers he was familiar with, he didn’t even know their full names or where they were, so there was no way he could sign them in advance.
So I am too lazy to speak.
After Universal Music is Universal Studios.
In 2003, Universal Studios was doing very well.
It received a total of 31.2 million tourists, generated revenue of US$1.3 billion, and net income of US$240 million. "Aren't there any statistics on Universal Studios Osaka and Universal Studios Sentosa?" Xu Liang asked.
The CEO of Universal Studios is Jacqueline Kerr.
“We only license brands in Osaka and Singapore and do not involve specific operations.”
Xu Liang nodded. He had read the information about Universal Studios.
At first, because of uncertainty about the acceptance of Universal Studios in foreign markets and the huge investment, the relatively conservative Universal executives chose to only do brand licensing when developing externally.
In other words, except for a little copyright fee, the revenue of the two theme parks has nothing to do with them.
This is why Universal Studios is not worth more than $2 billion.
“I heard that Universal Studios Osaka is doing well?”
Jacques Kerr nodded, "Currently, the number of admissions per year is stable at around 8 million, and the annual revenue is US$520 million."
"Talk to the Japanese side and see if you can Buy Osaka Universal Park”
On October 28, 1998, Arnold Schwarzenegger presided over the groundbreaking ceremony.
Two and a half years later, Universal Studios Japan, located in this flower district of Osaka City, Japan, covering an area of approximately 440,000 square meters, officially opened.
37 days later, it became the fastest theme park in history to have more than 1 million visitors.
In the first year, it welcomed more than 11 million visitors, setting a new record for the fastest time for a park to exceed 10 million visitors at that time.
In the following years, its annual passenger flow was around 8 million. Although such a number can firmly place it among the top 25 theme parks in the world.
So Xu Liang planned to buy it.
Not just Universal Studios Osaka, but also Universal Studios Sentosa in Singapore.
“Buy it?”
"Are you unwilling?"
"No, no, from the opening of Universal Studios Osaka to now, I have been suggesting to the head office that we buy Osaka Universal Park, but the head office has refused."
< br>Vivendi has too much to take care of himself, so of course he will not spend money to buy Universal Studios Osaka.
“In addition to the acquisition of Osaka Universal Studios, you immediately organize a team, plus the staff of the head office, to formally negotiate with the Chinese Magic City Government to invest in the construction of Magic City Universal Studios.”
< br>Jacquin Kerr looked excited, feeling like a pie had been hit on his head.
The acquisition of Osaka Universal Studios cannot be financed without US$2 billion, while the investment in Magic City Universal Studios is at least US$2-3 billion, or even more.
After all, the population of Magic City is much larger than that of Osaka, and the future is bright.
If five or six billion US dollars were suddenly dropped, who wouldn’t be excited about it?
"BOSS, don't worry, I will definitely organize a team to go to China and Japan as soon as possible after returning."
Xu Liang nodded.
As a reborn person, he certainly knows how big China's tourism market will be in the future.
It’s okay if we didn’t win Universal Studios. Now that we have won it, we will naturally develop domestically as soon as possible.
According to his idea, the magic city and the capital should develop at the same time.
But the above will certainly not agree.
In the 1990s, there was a boom in theme park construction in China.
As a result, when the Asian financial crisis hit, a large number of projects were unfinished due to funding reasons.
The World Customs Park and Wardland Park in Beijing, the Wanguo Park in Wuchang, the Sheep Amusement Park in Fengtian, the Magic City's Hot Palace, etc.
So the authorities are very cautious in approving such large-scale amusement parks.
Universal Studios, in particular, often covers an area of millions of square meters. It is too big, so the management will be more cautious.
Even if he is now a world-class rich man with a net worth of tens of billions of dollars, it is impossible for his superiors to grant such a large amount of land in the two top big cities in the country.
As for why it is the Magic City and not the capital with which he has the deepest relationship.
Haha, of course it is from the perspective of interests.
In addition to the operational and customer positioning reasons for building an outdoor theme park, another factor that affects performance is the climate.
The winter in Beijing is so cold. Unless there is a festival like Christmas, who would go out to play in the cold weather?
It is estimated that before a project is finished, it will freeze into a popsicle.
In comparison, the climate in Magic City is much better.
Although winter is also cold, it is definitely not comparable to the capital thousands of miles away.
More warm weather means more people coming out to play, which makes such a place friendlier for theme parks.
Of course, Yangcheng and Pengcheng are also good.
But who told Xiangjiang to already have a Disney?
"But I still have to try it if I have the chance." Xu Liang said.
With Disney's urinary attitude, if he can win the Universal Park project in Shanghai, then they will definitely go to the capital.
When the time comes, Universal Studios will only have to consider Wuchang or Chengcheng.
So if there is a chance, he still wants to try to see if he can win both the Magic City and the capital. If it doesn't work, he will bet on the Magic City.
After communicating with the people in charge of Universal Studios, Universal Music and Universal Studios.
Xu Liang held another meeting with people from the three companies via video.
(End of this chapter)