Heads Up Hollywood
Chapter 530 TV Media
There are four major business divisions under the New Global Group: film and television entertainment, television media, interactive entertainment, tourism and consumer goods.
At present, only the director of the film and television entertainment department has been confirmed, which will be co-managed by Bill McNick and Ron Meyer. The heads of the other three major business departments are still pending.
In addition, the candidates for the group president and chief executive officer are still to be finalized.
Originally, Jack Welch had suggested to Tang En that he should select from within first and then improve the system.
Tang En did not agree.
He has high expectations for the new Universal Group!
For these important positions, he has to choose some of the top elites.
He even invited Barry Diller, are you afraid that he can't invite others?
This matter must be resolved as soon as possible, at least before Barry Diller takes office, the person must be selected.
It is true that Barry Diller will be the CEO of New Universal Group, but what he has is management rights. Major strategic decisions and major personnel appointments still have to be controlled by Tang En.
The first candidate was Jeff Zucker, who Tang En had been optimistic about for a long time!
Tang En will appoint him as the CEO of the TV Media Department, and he may even serve as the senior vice president of the group.
Jeff Zucker is only 37 years old this year. He is young and promising. He is currently the head of the TV department of NBC Group. In fact, as early as the age of 26, he had already become an executive of NBC.
However, in recent years, NBC's ratings have plummeted. Jeff Zucker's life is not easy, and he can only rely on "Friends" to continue his life, which is very stressful.
NBC chairman Robert Wright is rumored to be planning to fire him to reinvigorate the appeal of NBC's television programming.
The shareholders are also divided into two factions, the Wei and the Wei, and the fight is fierce.
In the previous life, in 2004, the power struggle within NBC only seemed to end.
At that time, General Electric and Vivendi completed a merger and acquisition transaction worth US$14 billion. NBC Group acquired Universal Pictures, USA Television Network and Universal Studios to form NBC Universal Group.
The result was that Robert Wright stepped down, and Jeff Zucker became the chairman and CEO of NBC Universal Group, and led NBC Group, replacing Viacom's position, and rose rapidly!
Until 2010, it was acquired by Comcast.
Now, in 2002, Jeff Zucker was at his worst when he was under pressure at NBC Group.
Twain was foresighted, and what he was best at was "opportunity" and "taking advantage of the situation".
As the overlord of General Electric, Jack Welch is naturally the best liaison.
On September 8th, Tang En met Jack Welch and the young Jeff Zucker at the *** Hotel in New York.
The three of them sat down in a quiet coffee shop in the hotel.
In fact, Jack Welch and Jeff Zucker had almost talked about it before, and Tang En also had many conversations with him.
This time, it was mainly a routine meeting to confirm whether the future strategic development of the New Universal Group was in line with Jeff Zucker's career plan.
If the "television media" department was not taken seriously, no matter how famous Tang En was, he might not want to come here.
"The focus of New Universal Group...should be film and television entertainment, right?" Jeff Zucker pointed out the key point.
In this reorganization, the film and television entertainment department will spend at least 260 million US dollars.
Moreover, the amount of assets, the high revenue, and the great reputation are amazing.
Even if the other three departments are added together, it is not as good as a film and television entertainment department.
At thirty-seven, Jeff Zucker was almost tantamount to a business genius, and he didn't want to waste time in an abandoned department.
Tang En smiled, "The TV Media Department... currently only has the STA TV Network and the USA TV Network, which is indeed a bit shabby. But you should be able to see my attitude towards the TV Network. I have already ordered Universal Television to spend 1 Billion dollars to shoot "The Walking Dead", which will be a blockbuster TV series. In the future, there will be "Warcraft" with a larger investment."
Jeff Zucker pondered: "I know that STA TV network was unknown a few years ago, but now it is the largest professional cable TV network in the United States, but..."
Tang En waved his hand, "I know what you mean, you just think that managing two small TV networks, STA and USA, is worse than working hard at NBC?"
Jeff Zucker looked slightly embarrassed.
Jack Welch shook his head repeatedly and said, "Jeff, you underestimate Tang En's ambition."
"Oh?" Jeff Zucker was surprised.
Jack Welch said: "Didn't you hear? He invited Barry Diller to come back to take charge of the New Global Group, and he received a lot of pressure from the industry."
Jeff Zucker nodded, "I heard."
The corner of Tang En's mouth curled up, a little disdainful, "Murdoch called me, but his attitude is still unclear. But Lei Shidong's attitude is already clear."
"How?" Jeff Zucker was a little nervous.
Lei Shidong, a media tycoon!
Tang En's face was calm and his tone relaxed, "What else can I do? Do it! Old guys look down on us young people, hehe, then we have to show our muscles to them."
Jack Welch coughed, "I'm still very optimistic about you young people!"
Jeff Zucker forced a smile, but looked at Tang En with suspicion.
no?
He really wants to start a war with Lei Shidong?
This is no joke.
It's not as simple as making a few movies in Hollywood and beating rivals at the box office.
Redstone's biggest trump card is the CBS TV network and Viacom TV network!
If Tang En and Lei Shidong really start to compete, what will New Universal Group do to compete with Viacom in the TV network field? With only one STA?
To be honest, the volume is a bit small, and it is too out of the way.
This time, Jeff Zucker's face became a little ugly.
He originally wanted to jump ship to join the New Universal Group, and fight together with this young man, Tang En.
But now my heart suddenly shakes.
Not to mention whether Murdoch will intervene, just a Redstone can't afford it!
Tang En looked at him with a half-smile expression on his face, "What, are you scared?"
"I don't think you will be Redstone's opponent." Jeff Zucker said bluntly.
Tang En smiled disapprovingly, "You don't know that Disney is going to war with Viacom?"
"You want to unite with Disney? This is even worse." Jeff Zucker sighed, "If you unite with Disney, even if Viacom is defeated, the TV market will be dominated by ABC. The TV Media Department of New Universal ...with no room to grow."
To put it bluntly, he thought that the TV media department of New Global Group was too small and had too little power. STA and the USA TV network couldn't satisfy his appetite.
Tang En stared at him, "The current media industry is a strong combination of content and channels, and an integration from upstream to downstream of the industry chain. NBC Group's performance has plummeted in recent years, and it has been far behind by CBS and ABC. Why?"
"Lack of quality content."
"That's right! There is Paramount behind CBS, and Disney behind ABC, but what is behind NBC? General Electric? To put it bluntly, if NBC does not reform as soon as possible, within ten years, FOX will be left behind. .Because FOX has Fox Pictures behind it!"
Jeff Zucker said conservatively: "If NBC wants to reform, there must be personnel changes. I think... I have the qualifications to fight."
"Heh!" Tang En looked at him amusedly, "Jeff, you really didn't understand me?"
"Um?"
Tang En said disdainfully: "If NBC wants to reform, it must open up with Hollywood content! Either it will be acquired by a Hollywood company, or it will be acquired by a Hollywood company. Now, Paramount, Columbia, Fox, Warner Bros., and Disney are all big names. Has the Lord, you think, NBC's choice, who else?"
Jeff Zucker opened his eyes wide, stuttering a bit, "Huan...Universal?"
Tang En asked in a cold voice: "Universal Pictures has integrated into New Universal Group, do you think NBC can acquire New Universal?"
"cannot."
"Then what to do?"
Jeff Zucker took a deep breath, his eyes shone brightly, he couldn't hide his excitement, and said excitedly, "There is only one way—New Universal Group acquires NBC!"
...
Tang En flew to the next stop - Bentonville, Arkansas.
On the plane, Tang En and Jack Welch had a good talk.
"Mr. Welch, I have really troubled you. With a senior like you leading the battle, the negotiation table has gone much smoother." Tang En complimented him respectfully.
Jack Welch's fame and status in the business world is too great.
Tang En wanted to poach someone, but when Jack Welch sat next to him, it had a bonus effect like a halo.
Jack Welch was very modest, "The reason why Jeff agreed to join New Universal is mainly because of your strategic plan to acquire NBC in the future."
Jeff Zucker wanted to stay at NBC because he wasn't doing well. But in the process of NBC's reform, there must be a change of personnel. Maybe he defeated Robert Wright in the power struggle and ascended to a high position?
But joining the New Universal Group, once and for all.
In the next few years, the New Universal Group will acquire the NBC television network!
At that time, Jeff Zucker will be the person in charge of the TV media department of the New Global Group. Isn't NBC his direct control? This is much brighter than staying at NBC!
Secure, safe, and more powerful.
Because under the New Universal Group, there are also STA TV Network and USA TV Network!
This roundabout way is far better than staying with NBC.
Jeff Zucker didn't have any reason to say no.
What's more, Tang En also promised him that he will concurrently serve as the senior vice president of New Global Group, and that he will have the power to coordinate other departments and develop the TV media business.
Tang En said: "Barry Diller is too old. I need some young candidates to train for a few years to succeed him."
Jack Welch said: "I met Jeff 6 years ago. At that time, he suffered from colon cancer, had two operations, and had chemotherapy every week. But the cancer did not kill his love of life, Passion for work. From that moment on, I concluded that his future is limitless!"
"You think he can succeed Barry Diller?"
"no problem!"
Tang En smiled smugly, but then he straightened his face and said, "He is not the only one on my shortlist. The one we are going to meet next is only stronger than Jeff Zucker." Not weak!"
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