Start by trimming cow hooves

The holidays are over and people are getting back to work.

Most tourists who choose to travel to Lanai have both money and time, so although the number of people visiting the island has declined, it still remains at more than 2,000 people per day.

Suri doesn't plan to go back yet.

In areas such as northern Europe, the northern United States, Canada, and Japan that are experiencing cold winters, many wealthy people like to spend the entire winter in Hawaii, much like Northeasterners who go to Sanya to spend the winter.

He was quite annoyed by sitting idle all day on Lanai and being harassed by groups of tourists.

As for Beverly Hills.

At most, the tour group drove a sightseeing bus and took tourists to stop in front of his house to check in and take photos.

Compared with Suri, whose fans are relatively younger, the mansions of Stallone, Michael Jackson, Schwarzenegger and others are obviously more popular.

Therefore, staying in Los Angeles is actually cleaner than living on Lanai. In addition, it is a little more lively every day, and there is never a shortage of lively parties.

January 5th.

Netflix Entertainment CEO Ricky Trenz called Suri at around ten in the morning and told him:

"I am in Los Angeles and have just been in contact with the executives of Sony Pictures Entertainment Group. They are obviously here for the shares and want to use Columbia Pictures' film library resources in exchange for 35% of our equity."

"...Have you such a big appetite?"

Suri was surprised.

He only guessed that Sony Pictures was very interested in Netflix Entertainment's streaming business, but he didn't expect it to be so aggressive and directly want to replace each other.

Terenz told on the other end of the phone:

"Columbia Pictures has a total of more than 5,000 classic films. Although most of them are junk resources, the total value is not low. It is very important to our company and may attract tens of millions more paying members. I think we can seriously discuss it. Talk, this is an opportunity!”

Of course, Suri dare not underestimate Columbia Pictures' heritage.

However, he only wanted to obtain 35% of Netflix Entertainment's equity using the online broadcast rights of the film library. In his opinion, this transaction was obviously a loss.

therefore.

After thinking for a few seconds, Su Rui shook his head decisively and said:

"There seem to be more than 5,000 of them. The ones that are really liked by people are probably around 100. The rest are of little help to our company. The traffic-draining effect of self-made dramas is much better than that of old movies."

"I would rather spend a sum of money to buy it out than release so much equity. This will affect our subsequent financing and affect both me and the parent company. As an Internet company, the value of Netflix Entertainment has Hopefully it will grow to tens of billions or even hundreds of billions of dollars.”

"If they persist and feel there is no need to continue the conversation, there is no way I would choose to sell the hen that laid the golden eggs..."

After listening to this, Terenz said again:

"We value this copyright library at about $500 million. I mean 20%, or even 15%, which would be a good deal."

Su Rui calmly continued to explain:

"If such a hole is opened, how can we buy MGM's film library in the future? How can we buy the resources of Twentieth Century Fox and Paramount Pictures? Do they all rely on releasing equity? They are already old, which is equivalent to using IBM's Patent copyrights, exchanging shares with Facebook and Amazon, need to take into account the growth potential, and the parent company and I will be particularly disadvantaged."

Look at it from the perspective of an ordinary person.

Cooperating with Sony Pictures can indeed bring benefits. It can instantly raise the film source information to the same level as that of several major film companies, which can save a lot of troubles.

However, Suri has a particularly long-term vision and is well aware of the value potential of Netflix Entertainment’s equity and does not want to release the equity prematurely.

Terenz, who was poured cold water on him, was good at managing enterprises and did not have much talent for pioneering and enterprising.

Seeing that Suri had already made a decision, Terenz asked: "What should we do, just reject them directly?"

"Yes, my bottom line is to cooperate in the normal way. In addition, I can bring Sony Pictures to participate in subsequent financing and give them a part of the Series A financing."

"But... this will make them turn to other network TV companies." Terentz continued.

"Just pour it, the competition is already huge, I don't care."

Giants including Warner, Disney, Universal, 20th Century Fox and others are currently busy developing their own online TV platforms.

Fighting against each other, they finally found the opportunity to transform into Internet companies. Everyone thought they could win before they were sure to lose.

The reason why Sony Pictures Entertainment Group proposed cooperation instead of setting up a new company is probably because it involves too many other interests. As a Japanese company, it does not want to go head-to-head with the major media oligarchs in the United States.

The dominance of Netflix Entertainment is not yet in Suri’s hands.

He was worried that the parent company would be dazzled by the price offered by Columbia Pictures and start to have a headache.

So he threatened:

"Don't make any important decisions before the fourth episode of "The Walking Dead" is released, and don't hold me back. If the film library affects subsequent financing plans, I will not hesitate to sell Netflix I own all the equity in entertainment, it’s not my character to quit, spend money to go it alone, and work for others.”

If too much equity is released in the early stage, Suri's shares will continue to shrink after going through A, B, C or even D rounds of financing.

If in the end the shareholding is too small and others are advantaged in vain, then what's the point of playing with it?

The reason why we have to wait for the fourth episode of "The Walking Dead" to be released is because the first three episodes are free to trial, and then you need to top up to become a member. Based on the current performance of this show, there is a high probability that it will bring some surprises.

Once the market gives a new high valuation, the price offered by Sony Pictures will seem less appropriate.

At this juncture.

It’s no wonder that Su Rui has to say harsh words to avoid letting others dominate the company’s decision-making and create twists and turns out of thin air.

How could Terenz, the CEO, have any real power? After hearing this, he quickly comforted him and said:

"I just relayed the conditions they offered to you. I haven't made any decisions yet. I also think it would be better to wait until the performance comes out before discussing how to cooperate. Old movies can be rented at any time, only new dramas Only then can we attract users to continuously purchase our membership..."

After a brief conversation, he hung up the phone.

Hoshino Yuko happened to come over. She was wearing a black bikini and her hair was wet. She had just finished swimming.

She held a bath towel in her hand, wiped her waist, and said to Suri:

"I can't ask you to order any more. You'll be overweight. I'll have some vegetable salad for lunch. I might have to go socializing in the evening and negotiate an endorsement deal with a Japanese cosmetics company."

"Oh? Male or female, do you want me to go with you?"

"What, are you jealous?"

Suri replied: "It's because you are good-looking and easily remembered by others. After all, you are my woman, so you will inevitably feel uneasy..."