Heads Up Hollywood

Chapter 1086 The Fifth Television Network

The ambitious Michael Ovitz was full of excitement.

The same is true for the young Tang En!

He felt more and more the meaning of rebirth.

He has changed so much!

Today's Hollywood pattern is created by him alone!

Many changes have not appeared in the previous life, but they have made a stunning appearance in this life and achieved great success.

To Twain, this is really a great honor and pride.

I come, I create!

This is the value of life!

Instead of relying on foresight, blindly repeating what happened in the previous life.

Once it comes, change it!

Now, Tang En is about to make another major change to the US media, film and television industry.

He wants to use Michael Ovitz to create the fifth largest television network in the United States!

It's not a simple operation pay channel, but a free TV channel!

It is a national free TV station!

"In the past few years, the ratings of the reality shows launched by New Universal have been good. Because we have always refused to cooperate with CBS, CBS has given up its position as the market leader in a few years."

What Tang En said made Michael Ovitz puzzled and didn't know what it meant. New Universal's reality show is good, but what does it have to do with the establishment of a TV network?

Simply listen in silence.

Tang En's resume is too legendary.

The growth trajectory is amazing.

Even an industry leader like Michael Ovitz must humbly ask for advice and listen patiently.

Tang En went on to say: "Some time ago, when Michael Jackson's case went to court, there were many different voices in the media. I called the mainstream media across the United States and requested that there be no negative reports on him. Fortunately, I still have some Thin noodles, everyone also cooperated, including CBS."

Michael Ovitz nodded and said: "It should be, Viacom has separated from CBS. Without the support of the media giants, the situation faced by the split CBS will be more complicated and changeable. With the same content resources as other competitors, showing favor is an inevitable result.”

"I accepted CBS's offer, but New Universal has no intention of cooperating with CBS at present. The trivial matter of Michael Jackson is not enough to make me forget the estrangement of the past few years."

Tang En's words had an atmosphere of pointing the country.

The Michael Jackson case was just a trifle?

Michael Ovitz shook his head and smiled wryly. This Tang En is really arrogant.

However, he does have the capital.

In front of the increasingly powerful New Universal Group, CBS Group is just a small company.

Tang En said: "Last year, Viacom and CBS split, and Paramount was divided into two parts. The film business was transferred to Viacom, and the label 'Paramount' continued to be used. Television The business was split into CBS, including many TV drama copyrights, and UPN, a free TV network under Paramount."

Speaking of this, Michael Ovitz suddenly realized!

Yeah, UPN Television Network!

This is a free TV channel with a market share similar to that of the WB TV network, and it is now part of CBS.

However, CBS is a TV giant, with a market share of close to 30% in the field of free TV!

In contrast, the UPN TV network is really tasteless, with a market share of less than 2%!

The situation is similar to that of the WB TV network, with low ratings, a lack of quality content, and financial distress.

CBS even consolidated many of its backup TV contacts under the UPN banner to help UPN expand its reach, but the bloody truth is that this did nothing for UPN's ratings.

Nowadays, for CBS, UPN is tasteless and a pity to discard.

Not as important as the WB network is to Time Warner.

Because Time Warner has only one free TV network, the WB Television Network, and CBS itself is a giant in the field of free TV.

It is impossible to go from "0" to "1" to build the fifth TV network in the United States. This process is too long and too complicated. Moreover, the license approval of public TV stations is very strict, and whether they can pass the customs is another matter.

Therefore, we can only take the route of resource integration, from "1" to "2" to become bigger and stronger!

It was the same way that Barry Diller built the FOX TV network back then, integrating multiple TV stations and small TV networks to become a giant.

Michael Ovitz figured out the inner meaning of Tang En's lengthy speech, and said in surprise: "You mean... to promote the merger of the two TV networks UPN and WB? Yes, only in this way can it be possible to launch Fifth largest TV network!"

Tang En said: "It is impossible for Warner to sell the WB TV network, but UPN has little meaning to CBS. As long as the price is in place and New Universal is used as a matchmaking platform, it will not be too difficult for Legendary Pictures and CBS to reach a deal."

The current CBS is eager to cooperate with New Universal, especially to get a new explosive reality show produced by Universal TV.

Now, ABC has "American Idol" and "Smart and Brave", NBC has "Universal Next Top Model" and "The Bachelor", FOX has "Truth or Dare" and "Dance King", all of which are popular reality shows. Loved by young people.

Only CBS has become an "elderly station".

As long as Tang En lets go and New Universal pushes forward, CBS will definitely sell its unimportant UPN TV network to Legendary Pictures.

Michael Ovitz pondered: "This kind of free public TV network, even though the profit is relatively poor, but the assets are very heavy. The value of the license alone is 200 million US dollars. If Legendary Pictures wants to eat UPN, it must pay Great price."

UPN has a federal television license. In other words, even if the TV network covers 100% of the TV users in the United States, it is legal.

If it is a local TV station license, which generally covers more than 35% of household users in the United States, it will be investigated and supervised by the FCC, and anti-monopoly will be carried out.

It can be seen that the value of UPN TV network is great!

Tang En said: "If there is no effort, there will be no return. Just imagine, if UPN and WB merged and broke the situation in one fell swoop, how much impact would it have? The market share does not need to be too high, as long as it reaches 10%, it can boost Legendary Pictures The market value of more than 10 billion US dollars!"

Nobody holds Legendary more than Michael Ovitz.

This is the whole driving force of his life.

"It seems that all the funds raised from this IPO will be spent on the acquisition of the UPN television network." Michael Ovitz showed a smile on his old face, but he did not feel the pain of spending money, but was interested in the beautiful future outlook.

If Legendary Pictures can control the fifth largest TV network in the United States in the future, even if it is only 50% of the shares, it will be worth a lot of money!

At that time, Legendary Pictures can also show its talents in the field of TV drama production and make more diversified investments.

As for whether Warner will agree to let the WB TV network and the UPN TV network merge, there will not be any suspense.

After losing the popular American drama "Smallville", the WB TV network is struggling to find a new life, and it will definitely seek cooperation opportunities that it can't wait for.

Tang En smiled slightly, "Then it's settled?"

"It's settled!" Michael Ovitz waved his hand and said decisively, "I'll contact CBS right away! The acquisition of UPN is also good news for Legendary Pictures, and it must also promote the stock issuance of Legendary Pictures Prices have increased further.”

Tang En smiled and said, "Then congratulations."

Michael Ovitz said: "When I complete the acquisition of UPN, I will immediately negotiate with Warner to merge the two troubled TV networks to create the fifth largest TV network in the United States and gain new life!"

Tang En said: "With the support of New Universal and Time Warner, you will definitely succeed! Back then, Barry Diller had already achieved success with the backing of News Corporation. The strength of New Universal and Time Warner must be stronger than News Corporation, right? "

Michael Ovitz reciprocated and said: "New Universal has not set foot in the field of free TV networks. When the fifth TV network is launched in the future, it can provide New Universal and Warner with the same preferential terms."

Tang En smiled, "Thank you very much."

Fifth Network?

If all goes well, it should be out of the cocoon.

Legendary_Pictures can provide the initial letter L, and Warner can provide the initial letter W. The fifth network formed is likely to be called the LW Television Network.

Legendary Pictures and Warner each hold 50% of the shares.

With the internal relationship between New Universal and Legendary Films, the TV station of Legendary Films is naturally equal to the sphere of influence of New Universal.

However, New Universal is not without layout in the field of public television networks.

New Universal is secretly planning a big idea to acquire 20th Century Fox!

Twain wants to directly annex the FOX TV network! And take down Fox Sports Station, enter the sports channel industry, and have the capital to compete with Disney's ESPN.

At that time, the five TV networks in the United States will be shared by the five major media groups.

Disney has ABC, Comcast has NBC, Viacom has CBS, and Time Warner has half of the LW network.

Only New Universal will occupy half of the resources of both FOX TV Network and LW TV Network!

At that time, New Universal will catch up from behind and become the undisputed leader in the field of free public television networks in the United States!

Twenty years ago, America's media industry was controlled by 50 large corporations.

In the 1990s, it became 20 companies.

In 10 years, there will be only 5 left!

The New Global Group must survive in the strong market competition of industrial integration, and it is the one that lives the best and is the most nourishing!

Moreover, at present, New Universal has not developed into a sports channel. Twentieth Century Fox owns Fox Sports, the second largest sports network in the United States after ESPN.

At that time, New Universal will take advantage of streaming media again, set a fire on the Internet live broadcast, and compete with Disney's ESPN in the field of live sports events!

New Universal is already strong, but it can be even stronger!

New Universal still has a long way to go, Tang En must seize every opportunity to become stronger.

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