Heads Up Hollywood

Tang En took the lead in proposing the "equal pay for equal work" policy in Hollywood, which had a huge social impact.

In fact, this is better solved.

Raising the salary of female staff or actresses will not affect the overall situation.

This is far less than a strike, which has caused less losses to major companies.

However, behind equal pay for equal work, there is another deep meaning.

It is discrimination against women.

Generally speaking, there are far more male executives in a company than female executives!

Even in a company like Victoria's Secret that focuses on women's underwear, the most powerful managers and designers with the most say...are all men.

With Tang En no longer investigating and resigning from CBS, Les Moonves' sexual assault incident seemed to pass like a gust of wind.

However, feminists are actively promoting another thing, which is to call on major companies to increase the number of female executives according to the quota ratio!

This is the same as many universities require targeted recruitment of black professors and students.

This is the "democratic power" that black people have worked tirelessly for decades.

As a result, those better and more outstanding yellow-skinned people were restricted by quota.

Whether they are Japanese, Korean, Indian, or Chinese, they all seem to be adopting a "no world, no struggle" way of life.

In fact, whether it is the United States or Canada, when parents choose a school for their children, they usually don’t need to investigate the school’s teacher background, admission rate, etc. They just need to visit the school more and take a few glances.

If there are more black students in the school, the school must not be very good, it will be dirty and messy; if there are more Asian students, it is a good school, and the style of study will be very positive.

Is this racism?

In the eyes of black people yes.

But the fact is that black people are more lazy and playful, while yellow people are more diligent and hardworking.

The same goes for women's rights.

There are more men than women in the management of major companies. Is this discrimination against women? Not quite.

The physiological mechanism of men determines that they will be more rational, more suitable for making major decisions, and more suitable for bearing huge mental pressure.

Of course, feminists can do whatever they like, it has nothing to do with New Universal anyway.

In 2004, the first thing New Global did was to recruit a new executive—Carol Melton (also translated as Carol Melton).

This is a woman.

With Mel Kamasin leaving Viacom, many of his old teammates will also leave one after another, and Carol Melton is one of them.

Barry Diller scooped her up as vice president of the new Universal Group, in charge of global public policy and in charge of creating the Office of Government Relations. I just want to use her affinity as a woman to establish good relations with governments of various countries.

Tang En has already said that this year, New Universal will focus on promoting the development of tourism and vacation business.

The income gap between Universal Studios and Disneyland is too great.

In this process, the coordination of the relationship with the government is particularly important.

However, Carol Melton joined the new Universal, making Time Warner very unhappy.

Because Time Warner is also trying to invite her to join as group vice president.

You know, Carol Melton worked at Time Warner back then!

There is a passion for incense!

Ted Turner was already very dissatisfied with Dun En's various behaviors, but this time... he was cut off halfway by Tang En again, snatching away the people that Time Warner was optimistic about.

How can I bear it?

In front, Ted Turner was still putting pressure on Tang En, wanting him to share a part of the profit, and everyone who had money could earn it together; as soon as he turned around, Tang En slapped him hard.

Too much!

...

Listed companies must disclose their accounting information to the whole society in a timely manner.

Tang En held a copy of Disney's year-end report in his hand.

Film and Television Entertainment Department: turnover of 2.47 billion US dollars, net profit of 210 million US dollars;

TV Media Department: turnover of 13.73 billion US dollars, net profit of 1.47 billion US dollars;

Tourism and Vacation Department: turnover of US$6.41 billion, net profit of US$950 million;

Consumer Products Department: turnover of 1.97 billion US dollars, net profit of 340 million US dollars.

In 2003, the total revenue was 24.58 billion US dollars, and the net profit was 2.97 billion US dollars!

You know, in the past year, the total revenue of New Global Group was 24.18 billion US dollars, and the net profit was only 3.64 billion US dollars.

When this report came out, Tang En was really shocked for a long time.

He originally thought that New Universal had already surpassed Disney, and Michael Eisner... was his follower.

However, Disney's total revenue last year was $400 million higher than that of New Universal!

Net profit ... is only $670 million short.

This is because Disney has a lot of debt, 23 billion U.S. dollars in debt, and the annual interest that Disney needs to repay is 700-800 million U.S. dollars more than New Universal.

Calculated in this way, the earning power of the two companies... seems to be about the same!

This made Dunn very unbalanced.

New Universal and Disney now have a very good cooperative relationship and are strategic partners.

However, Tang En, who is familiar with history, knows that there can only be one eldest brother!

The strength is obvious, and the strong have the dominance to maintain the balance of the alliance, such as the Sun Liu alliance in the Three Kingdoms period. The strength is equal, everyone wants to fight for the boss, and it will be a matter of time before they start fighting.

"No, we must lead Disney in an all-round way! Further gain the leadership of strategic cooperation!"

Tang En clenched his fists and secretly made up his mind.

The revolution has not yet succeeded, comrades still need to work hard!

Not to mention the film and television entertainment department, New Universal can crush Disney.

The TV Media Department... There is no need to compare. ABC, ESPN, and Disney Channel owned by Disney are all trump cards in the TV industry, and it is difficult to surpass them in the short term.

The most important thing is tourism and consumer goods, two businesses!

Disney has divided these two businesses into two departments, and New Universal has integrated them into the Tourism and Consumer Products Department.

Disney’s travel and vacation business has an annual revenue of 6.41 billion US dollars; New Universal’s travel and vacation business has an annual revenue of 1.65 billion U.S. dollars;

Disney's consumer goods business has an annual revenue of US$1.97 billion; New Universal's consumer goods business has an annual income of US$1.27 billion.

The tourism and vacation business is easy to understand, and Disneyland is the giant in the theme park field.

Universal Studios' new "Harry Potter Park" in Orlando and the new "Spiderman Park" in Osaka have not yet been completed. They can only rely on their old foundation to compete with Disney, and they will naturally be crushed.

The consumer goods business is weird...

The consumer goods business mainly refers to the realization of derivatives related to intellectual property rights such as TV and movies, such as related greeting cards, pendants, toys, clothing, etc.

Tang En originally thought that in this business, New Universal would firmly crush Disney!

After all, New Universal now possesses the two major consumer products of Marvel and Pixar!

Only one Pixar cartoon "Finding Nemo" has an income of 730 million US dollars from peripheral derivatives!

The annual revenue of New Global's consumer goods business is only US$1.27 billion. Is it so small?

"Boss, the sales of 730 million US dollars is the sales data of a third party. We do not have direct sales channels. After the funds have been transferred from many parties and the costs have been removed, in our hands, only 420 million US dollars are left. "

The person in charge of the consumer goods business, Andrew Mooney, is explaining carefully to Dunn.

Tang En blinked, "If that's the case, our profit margin should be very high."

Andrew Mooney said: "That's not the case. In fact, the styles of the products are designed by our own design department, and then we authorize third parties to produce and sell them. We also have to pay for the promotion and promotion of the products. The taxation of the consumer goods business is much heavier than that of the film and television business. In fact, our consumer goods business has a revenue of US$1.27 billion and a net profit of US$290 million, which is already very high.”

"Very high?"

Tang En's expression was a bit strange.

Andrew Mooney said: "Disney has Disney stores, and these are heavy assets. In the past ten years, Disney has spent at least 2 billion US dollars to promote Disney stores around the world, and it is today's leader in the consumer goods business. status. Compared with Disney, our investment-output ratio is much more cost-effective.”

Tang En curled his lips in disbelief, "From your tone, our consumer goods business...is better than Disney's?"

Andrew Mooney quickly explained: "In terms of channel breadth and vertical management, we are of course incomparable with Disney. Fortunately, our film and television business is much better than Disney! Disney's consumer product business is eating its old money. Relying on the cartoons accumulated over decades, it is the support of Mickey Mouse, Donald Duck, Winnie the Pooh and princesses. From this aspect, we have a greater advantage.”

He used to be the head of Disney's consumer products business, and he knew the situation of Disney well.

Tang En nodded and asked, "If Marvel and Pixar were assets owned by Disney, wouldn't the development and sales of derivative products be just 1.27 billion US dollars?"

Andrew Mooney sighed, "There is no other way. In terms of revenue capacity, New Universal and Disney are almost the same, but in terms of brand value, there is still a huge gap. Disney's brand value exceeds 50 billion US dollars, And New Universal...only $20 billion."

"When Finding Nemo came out, kids were going to the Disney store to buy spinoff toys. If that's normal, then people were going to the Disney store when they were buying Bone related products. , it is obvious."

"In terms of sales of film and television derivatives, even if our partners are Carrefour and Wal-Mart, they can't compare with Disney stores. Disney's influence on children for decades is far beyond that of New Universal Group."

Tang En narrowed his eyes slightly, "Then do you think it's necessary for us to open a chain of new global stores?"

"Ah?" Andrew Mooney froze for a moment, and blurted out without thinking, "No need!"

"unnecessary?"

"unnecessary!"

Andrew Mooney's answer was very firm.

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