Giant of the times
Chapter 140 China is about to change
Twentieth Century Fox.
Alan Ryder Jr. told what Li Zetian had discussed with him, and everyone else in the conference room was surprised.
However, someone raised a question: "Mr. Alan Ryder, as far as I know, there is no large-scale video rental company on the market. What is the name of Chronos Li's video rental company? How big is it?"
"The company's name is Netflix, because movie videos have just begun to develop. Chronos Li also admitted that the scale is not large. As for the specific size, he did not say how big it will be, but he said that he is willing to spend huge sums of money to develop..." said Alan Ryder Jr.
"Netflix? I think we should first investigate this company before we can prepare to make a judgment. Since the company is not large, we should certainly get more in terms of sales shares!" The man paused and continued. , "If the other party's company is very large, or even forms a monopoly, it will naturally have higher bargaining power, but it is obviously not possible now! I think we can at least ask for a 30% share from him!!!"
As soon as he finished speaking, the others nodded in agreement.
Alan Ryder Jr. agrees.
After the meeting, 20th Century Fox immediately sent someone to investigate Netflix.
The next day, the people sent to investigate received shocking news.
Netflix is a company that has just applied for registration.
This...is this a small scale? This has no scale at all!
Alan Ryder Jr. held a meeting again and then briefly introduced the situation.
"Netlfix has just been registered, and it doesn't even have employees. What do you think?" Little Alan Ryder asked.
“How can we share sales when there is not even a rental store?!”
"Does Chronos Li want to play with nothing?"
"..."
Everyone complained.
After a while, someone suggested: "I don't know if the video tape market can develop. Chronos Li's video rental company is just an empty shell so far, and the sales share may not bring huge profits to 20th Century Fox. At the moment, The company is currently facing a financial crisis. I think that if the buyout price of each movie is relatively high, it is better to sell it directly in exchange for a large amount of funds to solve the company's urgent needs. Of course, this buyout right only includes the distribution rights of the film. The film rights still belong to 20th Century Fox!”
Everyone nodded, this is a good idea!
"That's right! Don't look at Chronos Li bragging about investing huge sums of money to develop a video rental company, but the video tape market has not yet been formed. It is unclear whether he will be the first to eat crabs or become a martyr! With the funds obtained That's the most important thing, and I more agree with the buyout method."
"If the video tape market develops, the sharing method may be better!"
"..."
The room was divided, but ultimately the buyout side prevailed because Twentieth Century Fox was short of money.
After the meeting, Alan Ryder Jr. called Li Zetian. He said on the phone: "Hello, Chronos Li, after discussions with 20th Century Fox, we have proposed another way of cooperation."
"In what way?"
"One-time buyout! Each movie is priced based on box office and age. After the buyout, Netflix owns the distribution rights of the movie!"
Li Zetian was stunned for a moment, how could the other party make such a S~B suggestion.
"What exactly does the distribution right mean?" Li Zetian asked.
"Of course it's the movie video distribution rights!"
"Mr. Alan Ryder, Jr., I agree with the buyout method, but the film distribution rights only refer to video tapes, so I don't agree!" Li Zetian paused and continued, "The essence of video tapes is a storage medium. The one produced by JVC is called VHS, and the one produced by Sony is called β-max. At present, the battle between VHS and β-max formats has just begun, and the outcome is uncertain. Maybe not long after, another company will develop a new movie storage format. Media, it may not even be called 'videotape'. Netflix is a video rental company. Mr. Alan Ryder, Jr., what type of movie storage media does the distribution right granted to Netflix by 20th Century Fox belong to? ? Are you planning to charge for multiple authorizations?!" Li Zetian asked in a more serious tone.
Little Alan Ryder was left speechless under questioning.
"Mr. Li, what do you think it should be?"
"It's very simple. You just need to authorize Netflix to distribute the rights outside of cinemas! Of course, the movie copyrights are still owned by you. Games, novels, peripheral authorizations, etc. have nothing to do with Netflix. In fact, Netflix can help you promote your movies , which will help you develop peripheral products and create greater value! Our cooperation is very beneficial to 20th Century Fox!" Li Zetian said lightly.
Little Alan Ryder thought for a moment and finally gave his answer.
"Okay, I agree! Then I will bring my company team to visit you again tomorrow to discuss the details of cooperation!"
"Okay, bye!"
"goodbye!"
After hanging up the phone, Li Zetian smiled slightly, showing a winner's expression. There was a stack of documents on the table, all of which contained information on movies released by Twentieth Century Fox over the years. Some of the movies circled in red are the ones Li Zetian plans to buy this time, and there are almost sixty of them.
The next morning, Alan Ryder Jr. came to Li Zetian's home with two employees.
The two parties mainly negotiated the price of each film.
The older the item, the higher the price.
The higher the box office, the higher the price.
After a morning, the negotiations were not over yet. After everyone finished lunch, they continued talking non-stop.
Due to the large quantity, Li Zetian had to pay every penny!
In the end, Li Zetian bought out the distribution rights of 60 movies at an average price of US$100,000 per movie, for a total of US$6 million. However, this is not an exclusive buyout, and 20th Century Fox can also be sold to other companies. Of course Li Zetian wants to buy it out exclusively, but 20th Century Fox is also very smart and cannot give up the entire forest for Netflix... The more companies you license, the more you can earn!
After seeing them off, Li Zetian thought secretly.
Everything is difficult at the beginning. There are so many companies in Hollywood. Now that I have taken over 20th Century Fox, the next step will be much easier. I don’t need to do it myself, I just need to form a strong team...
In fact, Li Zetian is too busy to do so much work. Today's negotiations have exhausted him. He didn't want to suffer this anymore, so he called Dongfang Yuqin to inform her and asked her to form a team to do these things. He was responsible for writing the video rental software, which was his best skill.
For the next period of time, Li Zetian wrote software in his study until September 9, 1976.
A major event happened on this day. A generation of great people and leaders in China passed away. As soon as the news came out, the land of China mourned, and Chinese people all over the world cried.
Li Chengzhi called Li Zetian personally, his voice full of sadness.
When Li Zetian heard this, he fell silent and expressed his deep condolences for the passing of a great man.
That night, Li Zetian and Yu Jingqiu watched the news in front of the TV. The TV broadcasted the scene from China. Tiananmen Square was crowded with people, and the cries moved the sky. The scene was so tragic that it was unbearable to watch!
Although Yu Jingqiu is in the United States, she is no stranger to this leader. Seeing this scene, she couldn't help being deeply moved, and her eyes were red. Li Zetian sighed at this time and said: "China is going to change..."
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