Heads Up Hollywood

Chapter 861 Movie Service

Geographically, Hollywood is home to numerous production facilities, studios, office buildings and film production process centers. The dozen or so companies that control more than half of the world's entertainment power are headquartered in Los Angeles.

Within a 48-kilometer radius of Hollywood, executives, agents, producers, actors and directors all gather here, and meetings to decide what movies to make are held here.

In a sense, every big-name star in the global entertainment industry must come to Hollywood if he wants to truly become a world-class star.

However, with the advent of globalization, Hollywood's "outward migration" seems to have become a trend, not just the outsourcing of the special effects industry.

Hollywood is a market economy, but there is no feeling of "concern for the country and the people". Making money is the ultimate goal.

Economic flight is the essence of Hollywood's outward migration.

More and more films, from financing, to casting, to shooting, to post-production... the main process is carried out in foreign countries.

Except that the project approval process is decided by Hollywood, all other processes are being moved outside.

This shows what?

Even if there is no Hollywood film company, as long as foreign film companies can find a Hollywood team, they can produce Hollywood movies.

Especially for some medium and low-cost movies, it is difficult to tell from the visual content whether this is a Hollywood movie or not.

Hollywood can't just rely on commercial blockbusters and visual effects, can it?

After the emergence of streaming media, even Hollywood is suspected of being beaten down by Silicon Valley.

Is this still a unique Hollywood that leads the world's film industry?

This is why Tang En wants to plan as early as possible to develop the smart industry.

If Hollywood wants to gain absolute prestige, uniqueness is inevitable.

Just like Dolby Laboratories and imax under New Universal.

However, this is not enough.

Twain wants to make New Universal the most special one in Hollywood!

"The core of Hollywood movies is editing and post-production. Hollywood currently has more than a dozen excellent film service companies, including film stock, laboratories, camera equipment, recording equipment, props, sets, costumes, architecture, and lighting equipment. etc."

Barry Diller attached great importance to Tang En's long-term plan, and immediately started researching it after returning to the company.

It is difficult to make money relying on the smart industry in the short term, but as long as the long-term layout is successful, it can lay a solid foundation for the future development of the New Global Group.

Tang En asked: "Do other regions and countries have similar services?"

Barry Diller said: "Yes, but it has not become industrialized. Many similar project services are diversified and not professional enough. There are more than 400 studios in the Los Angeles area, covering an area of ​​more than 410,000 square meters. The scale of Hollywood , providing convenience for the industrialization of the film service industry.”

Tang En nodded, and opened the investigation report he submitted.

Among them, the 8 major movie service providers existing in the Los Angeles area are cited, all of which are unique worldwide.

"Kodak is probably the largest film service provider in Hollywood, with a turnover nearly twice that of Fujifilm, and is an important supplier of film, paper, and equipment to the entertainment industry."

Seeing Tang En shaking his head, Barry Diller explained: "Kodak's turnover last year was nearly 13 billion U.S. dollars, and its market value exceeded 10 billion U.S. dollars. We can't afford such a big company."

Tang En smiled slightly.

He doesn't like Kodak, and it's not just because he can't afford it?

Kodak stubbornly sticks to the film business, and cannot keep up with the pace of the times under the increasingly popular market of digital media. The once behemoth went bankrupt in just a few years.

As for the next Technicolor company, it is mainly engaged in the processing and distribution of movie films, the production and distribution of DVDs and CDs, as well as content services, projection services and home entertainment services.

It is the technical practice of this company that the world has the first color film!

In terms of service and intelligence, this company has a greater effect on Hollywood than Kodak.

Movies all over the world are almost inseparable from this company.

However, Technicolor is a subsidiary of Thompson Multimedia Group, with 73,000 employees in more than 30 countries, and its business scope includes providing services such as video technology, systems, and finished products.

There is no possibility of any merger.

Ranked third is Panavision, which is a camera manufacturer. 80% of Hollywood movies are shot with the company's cameras. In particular, the company's products are not sold externally, and its equipment can only be leased through the company or the company's agents. It is a genuine intelligent enterprise that surpasses Hollywood.

Ranked fourth is Dolby Laboratories under New Universal, which is currently the largest supplier of audio systems in the fields of film, broadcasting, and music. At Tang En's request, he also started to cooperate with imax to develop the visual system.

"Huh? This company is very good!"

Seeing the fifth-ranked Avid technology company, Tang En couldn't help but his eyes lit up.

This is a new company whose main business is digital editing systems used in film, music, television and other fields. Many of its products are widely used by film companies and TV stations. Its audio editing system and digital storage system are the main processing systems for current digital video and music products.

In the future, digital will gradually replace film and traditional records as the supply format for music, radio, and film and television content, and even film copies are increasingly inclined to digital formats that are cheaper, more convenient to transmit, and more conducive to long-term maintenance.

Barry Diller said: "This company has not been established for a long time, but it has developed very well, especially in recent years, it has developed very rapidly. More than 80% of Hollywood film companies are using this company's digital services. Last year, The company has sales of $640 million, half of which comes from overseas markets."

"overseas market?"

"Yes, Avid technology company has provided technical services to more than 90 film companies around the world, and this year's partners may exceed 110."

Barry Diller's words moved Tang En very much.

Being able to provide technical services to film companies all over the world will undoubtedly greatly increase the industry reputation and brand value of New Universal Group.

The point is, the price is not expensive!

Last year's sales were only $640 million, and profits were... hard to beat $100 million.

According to market conditions, the company's valuation is around $1 billion.

Barry Diller naturally understood Tang En's intentions, and smiled, "In addition to Avid Technology Company, there is also a company that provides post-production services, Laser-Pacific Media Company. services such as audio and digital editing.”

Tang En nodded, "Didn't you mention that there are three companies that are more reliable?"

Barry Diller laughed: "It is true. In addition to the two companies just mentioned, there is THX company, which is committed to improving the audio and picture quality of movies, home entertainment, video games and game consoles. This is the same as Dolby. The audio tracks have different ratings, and they are also different from the quality standards of Laser-Pacific Media. Together, it is beneficial to complement each other."

Tang En said proudly: "Then don't hesitate, let's do it right away! Buy these three companies! The top technical support and intelligent services will bring New Universal Group unparalleled influence in the entertainment industry. "

"Avid technology company is different from LP media company, THX company is not easy."

"Huh? Do you have a background from a giant?"

"It's not a giant, but its reputation is definitely not small."

Barry Diller shook his head.

"who is it?"

"Lucasfilm."

"ah?"

Tang En couldn't help being taken aback.

Unexpectedly, THX Company turned out to be a subsidiary of Lucasfilm.

That's right.

In the previous life, Disney bought Lucasfilm at a sky-high price and distributed a large amount of stock to George Lucas. How could it be possible without real information?

"George can't possibly sell," Barry Diller sighed.

Tang En waved his hand, "It's easy!"

"Easy?"

"If it's a big deal, I'll buy Lucasfilm as well!"

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