Heads Up Hollywood

2004 has come to an end.

The American media have also carried out various reviews of the major events that happened in the past year in accordance with the usual practice.

The same is true for New World.

In the past year, New Universal has done four major things in terms of business: in the first quarter, it acquired Discovery Communications; in the second quarter, it established a chain store of New Universal; in the third quarter, it launched the Harry Potter theme in Liverpool Park project; in the fourth quarter, completed the acquisition of Prada and formally entered the fashion industry.

In addition, there are a few small things, such as the launch of facebook, such as the official release of the online game "World of Warcraft", such as Dolby Laboratories launched the research and development of high-definition DVD players, such as "Charlie and Chocolate" in the movie section. The factory, "Harry Potter 4", "Daredevil 2", "The Avengers", "King Kong", "The Da Vinci Code" and many other commercial blockbusters started shooting.

Among them, the most notable one is Discovery Communications.

Ever since Tang En poached Jeff Zucker from NBC and put him in charge of New Universal's TV and Media Department, he had been ambitious and wanted to make the TV Media Department the number one department with the highest revenue in New Universal.

The sta TV network has achieved amazing results, but it is a strictly limited professional cable TV station after all. The subscription fee is too high and the audience base is not wide. Has successfully broken through the 30 million mark.

However, compared with those large TV networks with nearly 100 million users, the scale is still too small.

The USA TV network is a basic cable TV network, which is a cheap channel with 57 million subscribers. Its revenue is higher than that of STA, but its profit is very low. The overall performance is relatively mediocre.

Therefore, Jeff Zucker tried his best to persuade Dunn to buy the Discovery Communications Channel at any cost. This is a TV network with world-class potential.

Tang En agreed, and in the end New Universal took over Exploration Communications at a transaction price of approximately US$3.6 billion.

Jeff Zucker has poached his old subordinate David Saslav from NBC to manage Discovery Communications.

Over the past year, excellent results have been achieved.

It is preliminarily estimated that the pre-tax profit of the Discovery Communications Channel this year will reach 1 billion US dollars, a profit increase of 60% compared to last year!

Among all the directly affiliated departments and subsidiaries of New Global, the profit growth is the highest!

This is due to the management of Jeff Zucker and David Saslav, as well as the strong channel resources of New Global in the world. One more thing I have to admit is that the past exploration and dissemination and management strategies were wrong.

It's obviously a golden phoenix, but every day I think about letting it lay eggs in the chicken coop. Isn't this a waste of money?

Only by entrusting the exploration and communication to New Global can we realize its maximum potential.

As the most outstanding manager of the New Global Group this year, David Saslav was invited by Tang En to bring him to Los Angeles from the headquarters of Discovery Communications in Maryland.

"David, it's right to entrust the exploration and communication to you!"

Jeff Zucker led David Saslav to look for Tang En, and Tang En took the initiative to shake hands with him enthusiastically.

This was the second time that David Saslav met Dunn. The first time was when he fulfilled his duties as the CEO of Discovery Communications. Tang En gave him some encouragement.

"Thanks."

"Let's go, a new Italian-style canteen has opened in the headquarters park, let's go and taste it."

Tang En usually eats in his office area.

There are special restaurants and chefs here, and there are few such "going to the countryside" activities to enjoy with the people.

Tang En brought David Saslav through the market this time, with the obvious intention of recommending this group middle-level worker who works in a fringe city to every high-level executive.

Tang En's attitude of praise was obvious. Along the way, he would nod, smile or wave to the passing employees, "David, do you have any requirements for remuneration?"

David Saslav smiled stiffly.

Of course there are requirements!

It took him less than a year to create a framework for exploring and disseminating future development, and he also handed over an amazing report card.

How can the mere $1.2 million annual salary match his achievements?

"I'm hoping...to get a stake in some companies."

Americans, they never hide their pursuit of their own interests.

Tang En nodded, expressing his understanding.

New Global is a non-listed company and a traditional company. In theory, there is no need for option awards. This is a strategy launched by those high-tech companies in Silicon Valley that cannot pay high salaries. They use stocks to motivate employees to work hard.

This is of course a good management strategy, which can inspire employees' greatest enthusiasm for work.

This is why Silicon Valley companies are more dynamic than other traditional companies. As a result, after so many years, many traditional companies have gradually begun to award options.

However, Hollywood does not talk about this.

The practice in Hollywood is to only give dividends, not stocks.

Love to do it, don't do it.

Hollywood is at the top of the industry, and its style is very domineering.

Tang En smiled, "Not surprisingly, in the summer of 2006, New Global will be able to go public, and the location should be on NASDAQ. Before that, the group will conduct a final allotment of shares for employees, so that some people who will join employees get the benefits they deserve.”

"real?"

David Saslav was pleasantly surprised.

Once there is a new round of allotment within New Global, based on his achievements... His shares will not even be worse than the group's presidents and vice presidents.

Jeff Zucker, who was walking aside, smiled and said: "The proposal has been passed. Before February next year, the allocation of 13 million shares will be completed. It is not a subscription, but a gift."

When Tang En Pictures was still in the past, there was a private placement. At that time, the employees paid for the shares. With that money, Tang En completed the shocking acquisition of Universal Pictures.

Fortunately, the price was not expensive at the time, and all the old employees subscribed, including many Hollywood stars, who also actively participated in it, such as Leonardo, Nicole Kidman, Kate Winslet, Mel Gibson and others.

Now that New Global is not short of money, there is no need to squeeze the wealth of employees anymore.

Besides, even if they subscribe, employees can't afford it!

With the current valuation of New Global, the valuation of one share is more than 120 US dollars, and 1 million shares is 120 million US dollars!

Who can afford it?

Before the listing of New Universal, a large-scale reward will be carried out internally. It can be regarded as distributing the dividends of New Global's rapid development in the past few years.

The total number of employees of New Global around the world has exceeded 310,000. The main reason is that there are too many employees in Universal Music, Universal Studios, Universal Publishing, and Universal Stores. Of course, these low-level employees cannot get any shares.

The allotment object is mainly for the management.

13 million shares, estimated at the current market price, will exceed US$1.5 billion!

David Saslav was extremely excited.

With his achievements, not to mention getting 1 million shares, 500,000 shares is always possible, right? This is worth 60 million U.S. dollars, and once New Universal goes on the market, it is likely to double immediately!

This speed of making money is faster than going to Silicon Valley to start a business!

At this time, Tang En had already walked out of Tang En's headquarters building, and happened to pass by two young and beautiful female employees, one was very timid, and the other boldly greeted him, and even gave him a big wink, Lie Yan The red lips are very delicate and charming.

Tang En nodded and smiled at them, without expressing too much, he just turned his head to David Saslav and said: "The allotment is only the first step of the reward. After the allotment is completed, before March, the group will carry out a large-scale dividend. The scale will not be large. Less than $5 billion."

Now, the total share capital of New Global is 987 million. Counting the 13 million newly added incentive allotment shares, the total share capital is 1 billion.

If David Saslav can really get 500,000 allotment shares, then this time, he will be able to get a dividend of 2.5 million US dollars for nothing!

So cool!

In particular, Tang En's decision to distribute shares first and distribute dividends later, instead of distributing dividends first and then allotting shares, will allow more people to enjoy the rights and interests of this dividend.

This boss is indeed very energetic!

Of course, if he knew how much cash Tang En would receive through this dividend, he would probably be shocked and lost his soul.

...

In this meeting, the main topic of discussion was of course work.

At the end of the year, David Saslav will report to Twain, summarize the work of the past year, and make a conceptual explanation of the future development of the Discovery Channel.

"First of all, in terms of the management of each TV channel, I have reformed the previous way of managing by advertising sales personnel. What I choose is to replace them with creative personnel. Only in this way can they create brands and attract audiences , making the best content the top priority of my job.”

"In this regard, I admire Mr. Welch's 'undemocratic' management style, which will only tilt resources to those channels and programs that perform well, while others can only be abandoned. I think that Discovery Communication is currently forming this A virtuous circle, companies can spend more money investing in content, because good content is more likely to get excellent returns."

David Saslav's statement is not new, and even a bit rhetorical.

The emphasis on creative talents, Tang En often mentioned in high-level meetings, the success of the STA TV network is a typical example. As for the "undemocratic" investment method, Jack Welch has also advocated and explained it in the internal meetings of the strategy committee many times.

Jeff Zucker interrupted him, "Talk about the details, your execution process."

David Saslav put down the pasta that had been rolled with a fork, his face unchanged, but his heart was terrified.

Boss Twain sitting opposite him... is eating noodles with chopsticks?

He can use chopsticks!

amazing!

"Ahem... Let me give you two examples. One is the banning of the Discovery Times Channel, and the other is the reform of the Discovery Learning Channel for the US domestic market and the Discovery Travel and Life Channel for overseas markets."

Clearly, David Saslav is very skilled in business.

Come at your fingertips.

. Nine Heavens Emperor