Heads Up Hollywood

As a listed company, Disney must inform the public of its major business decisions and financial status in a timely manner.

On April 9th, a blockbuster news set off Hollywood!

Disney and Tang En Pictures announced that they have reached a strategic cooperation of as many as 6 major projects and 23 small projects in many industrial contents!

1. Tang En Pictures transferred the copyright of the remaining 6 films in the "The Chronicles of Narnia" series, which is more in line with Disney's values, to Disney;

2. Disney will carry out live-action remakes of a series of its classic cartoons, and Tang En Pictures is obliged to assist in investment, shooting, and production;

3. Because Tang En Pictures has acquired Pixar, Disney chose Adult Beauty and gave up part of Pixar's rights;

4. The two parties will strengthen cooperation in animation films and promote the friendship between Sillywood Animation Studio and Disney Animation Studio;

5. Disney's ABC Television Network will cooperate with Dick Clark Television Production Company under Dunn Films in broadcasting reality shows;

6. Related peripheral products such as the Marvel brand under Tang En Pictures will land in the Disney store to carry out retail business...

Tang En Pictures did not need to disclose the details of its business. The statement was issued by Disney. Naturally, it had a lot of "advantages" in terms of rhetoric.

According to Disney, they followed suit and terminated the cooperation between Disney and Pixar, but they got many benefits for free, which is a big harvest!

On the day the news was announced, Disney's stock price rose 3.3% instantly, and its market value soared by US$1.45 billion!

This is the largest one-day stock price increase for Disney since Disney acquired ABC Group!

The market is very good!

Michael Eisner successfully resolved the crisis of Pixar's termination of the contract, and through a wave of operations, successfully raised Disney's stock price, which made him full of spirits and wrote a letter to shareholders with enthusiasm——

"In 1984, when I first came to Disney, the market value was only more than 2 billion US dollars. Today, 18 years later, Disney's market value has doubled by 22 times! But we cannot be complacent, we have to work hard, our management team must continue to We will continue to make Disney, the magic kingdom, better and stronger."

"Because of the economic downturn in the general environment and the impact of terrorist attacks, Disney's stock price has been somewhat sluggish in the past two years. Fortunately, I sternly rejected Mr. Keith and rejected AOL's merger and acquisition idea. Here, I thank The patience and trust of our shareholders will enable me and the management team to continue to lead this magic kingdom forward."

"However, Disney's frame-by-frame animation method in the past is outdated, expensive, and lacking in market; silly, white and sweet female entertainment comedies are no longer popular with the market. We were once in a state of confusion, and our content production produced We ended the crisis, but now, we finally solved the problem."

"Twain Pictures has a large number of excellent content teams, but suffers from a lack of channel supply. It just so happens that Disney has the most abundant channel resources in the world. "Wisdom and Courage" is a new type of reality show that will help ABC compete with CBS; and animation The live-action remake of the film will also bring the glory of Disney's past to Hollywood again!"

"Disney's animation library is the painstaking effort and mission of Mr. Walt Disney. We are obliged to let them flourish, instead of being silent in the dust of history and becoming the memories of a generation of movie fans. Now, Disney and Tang En Pictures have launched a series of With strategic cooperation, those dusty cartoons will come back to life!"

"Today, Disney announced the news of the cooperation between the two parties, and the stock price has risen gratifyingly. But I want to say that this is just the beginning, and a better tomorrow is waiting for us. We will immediately launch the "The Chronicles of Narnia 2" project, and we will Working with Sillywood Animation Studios to push the boundaries of computer animation, we have the most gifted, driven, creative, brilliant, and pioneering minds, and Disney Studios will soon be back to glory… ..."

The letter was long and later mentioned his deputy, Robert Iger, and the co-chairman of the management committee, George Mitchell, as well as the majority shareholders, the Bass family, directors Judith Estrin, John Bryson and others, thank them for their efforts and contributions to the company.

As for Roy Disney and others, no mention at all!

The excitement of Disney's stock price makes Michael Eisner fearless!

But Roy Disney has already gone all out. Michael Eisner really gave up the adaptation rights of those cartoons to Twain, and the share was as high as 55%!

Even if the stock price can be raised in the short term, in his opinion, it is drinking poison to quench thirst!

Roy Disney was furious. He couldn't convince the board of directors, nor did he restrict Michael Eisner's power. All he had was feelings and the hearts of the people!

Roy Disney made a very resolute and decisive choice-resign!

Soon, his old comrade-in-arms, Stanley Gold, head of Clover, director of Disney, and co-chairman of the Management Members Association, also announced his withdrawal.

Their goal is clear: bring down Eisner and save Disney!

...

At the same time, Comcast also announced a blockbuster news, inviting Steve Burke to serve as the company's president and chief operating officer.

Who is Steve Burke?

A good friend of Roy Disney, former subordinate of Michael Eisner, former COO of Disney!

Outsiders may not be able to see clearly.

But after Tang En saw the news, he quickly had an association.

Comcast hasn't given up yet!

The former Disney minister took control of Comcast, which is obviously eyeing Disney, at least it has already started the layout of the content industry.

A new wave in Hollywood is already about to move.

Because of Tang En's appearance, the entire structure of Hollywood is undergoing major changes.

Comcast CEO Brian Roberts called Dunn with a bad tone, "Your cooperation with Disney is like a conspiracy."

Tang En shot back forcefully, "What are you talking about? The capital market has already given the best explanation. Disney's stock price is rising!"

Brian Roberts said in a deep voice: "Eisner has gone crazy, and he has done everything he can to consolidate his power. Your cooperation will make Disney completely lose the initiative!"

Tang En's tone was slightly sarcastic, "Brian, if I remember correctly, you are the person in charge of Comcast, right? Are you related to Disney?"

Brian Roberts paused.

Comcast has reached the limit of its development in terms of TV operations. If the company wants to grow, it must find more profit points. The content industry is the next goal.

In his view, even if Comcast cannot acquire Disney in a short period of time, it can start a business cooperation with Disney instead of giving up the good opportunity to Tang En Pictures.

Tang En said lightly: "Bryan, don't forget, Comcast and Tang En Pictures are still partners. In the past few months... the number of STA users has dropped severely. You haven't given me a reasonable explanation yet. .”

Brian Roberts airs: "That's the lack of consistent premium content on the STA network!"

Tang En said very bluntly: "Content is content, channel is channel. If the publisher doesn't work hard, the content side will have nothing to do!"

"Are you questioning Comcast's intention to hinder the development of STA?" Brian Roberts snorted coldly, "Twain, you are wrong, I will never make any decision that is not in the interests of the company. "

"Maybe."

Tang En's feedback was very flat.

In fact, the development of cable TV has always been restricted by operators.

In the 1980s, the emergence of cable TV mushroomed like mushrooms after a rain, and the root cause was the emergence of cable technology. However, technical barriers and restrictions on operating licenses allow operators to firmly grasp the initiative in the cable TV industry.

For example, right now, the STA TV network under Tang En Pictures is stuck by Comcast.

But Tang En was not worried about this.

First, although the number of users of the STA TV network has declined, it still crushes HBO and SHO. It is the largest professional cable TV network in the United States, with 4.8 million more users than HBO;

Second, Tang En will soon make another effort in the TV industry, investing huge sums of money in the production of popular TV series. Content guides traffic, and it is difficult for operators to get stuck.

Third, the exclusive operating contract between Comcast and Dunn will expire next year. More importantly, federal policy is changing!

In the 1990s, the Federal Communications Commission abolished the ban on financial integration and the shackles of monopoly clauses, so that film companies and television networks had no merger obstacles.

Fox Pictures and the Fox Network, first merged to become 20th Century Fox; then Disney merged with ABC, and Paramount and CBS merged.

Prior to this, the TV network had a monopoly clause restricting: the programs broadcast by the TV network during prime time, except for talk shows and current affairs news, could not be self-produced programs of the TV network, and could only be purchased from outsiders.

This has thus created a syndicated market for television shows.

However, after 1994, the ban was lifted, and the media group began a series of integrations.

The reform of TV operation is coming soon.

Realizing that too large operators are not conducive to the development of cable TV, the Federation lowered the operating threshold and allowed broadband operators to join in.

Broadband operators, when developing broadband networks, have laid a large number of optical fibers in major cities, which is a more powerful signal transmission method than cables!

The status of TV operators is no longer as sacred as before.

Since then, the status of operators and content providers has been reversed.

Content providers have completely dominated the market, and operators can only follow behind.

The entire film and television entertainment market has also begun to truly transform from an era when channels are king to an era where content is king.

Tang En is very relaxed now.

He doesn't want to get involved in Disney's internal strife, let alone Comcast's eyeballs.

Anyway, he already got the copyright of the adaptation he wanted, so let them make trouble!

Right now, he's only focused on one thing.

"Singer" Twain's identity, what is the feedback from the market?

Following the previous year's "Stock God", Tang En gained another "writer" identity last year, and this year, he will be labeled as a "musician and singer" again.

"Just Want This", which he sang with Natalie, was operated by Universal Music. On April 15, it was officially released to North America at a price of 0.99 US dollars!