I’m in Hollywood Chapter 951: Viking Records
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Eric has some doubts: "Why do the directors of Viking want to help us to buy our own Record Company?"
Katzenberg replied: "Barry said that the other party also served as a senior executive at Virgin Records. Before the acquisition of Virgin by EMI in 1992, the development of Virgin Records was still very good. However, since it was acquired by EMI, Viking He has been going downhill for years. He should want to get rid of EMI and seek better development space. The specific situation, Barry should know more clearly. "
Eric thought about it and said, "Let Barry come over for lunch at noon, let's discuss it carefully."
Send away Katzenberg, Eric continue to handle the work in hand, and do not leave the office until 12 noon.
Barry · Weiss has arrived from Firefly Group Headquarters of Burbank, because to discuss the business, Eric took him and Katzenberg to the restaurant of "Titanic" exhibition hall, and also specially asked for a box.
Barry · Weiss obviously made very good preparations, and just after sitting down, he began to introduce the ins and outs of this matter to Eric.
"Virgin Records was originally an industry owned by the Virgin Group created by United Kingdom tycoon Richard Branson. In 1992, Virgin Atlantic ’s operations were in trouble. In order to raise funds to rescue Virgin Atlantic, Richard Branson I had to sell Virgin Records. That is to say, from the beginning, this transaction was not actively promoted by EMI Records. They just felt that Basic Instinct felt that after acquiring Virgin Records, they could expand their strength.
However, reality is not as good as imagined. Although the scale of Virgin Records is far from comparable to that of several major record giants in the world, it has a very complete music production and distribution network, and its business scope also involves most singers and record types, which is almost a mini EMI record. Therefore, EMI will not be able to split Virgin Records into its own group system after doing so.
With no way to split, EMI can only allow Virgin Records to maintain its independent business model. But in this way, because most of Virgin Records ’business overlaps with EMI Records, EMI Records will only tend to the parent company ’s own business development, not only will it not give Virgin Records enough support, but it will seize the original Virgin Records resources. Therefore, instead of developing and growing, Viking Records has declined in recent years. "
Eric finished listening to Barry · Weiss and asked: "Which pop singers does Virgin Records have now?"
"If you talk about the pillars, there is probably only the Rolling Stone band, other singers are not too good," Barry · Weiss shook his head: "However, the Rolling Stone band has been established since 1962 to the present, although it has One of the most popular band combinations, but they have already passed the peak period of popularity and creation. Moreover, this band was signed with Viking after the acquisition in 1992. From the establishment to the present, the Rolling Stone band has 40 albums have been released, but Viking only has the copyright of the five albums they signed, and the rest or the most classic ones are all in the hands of other record groups. "
Eric was still a little excited to hear the name of the Rolling Stone band, but when he heard the subsequent words of Barry · Weiss, he was suddenly disappointed again.
The position of the Rolling Stone band in the history of world music is self-evident. If Virgin Records owns a large number of records of Rolling Stone band copyright, if you win this Record Company, Yahoo music store will add a large number of classic music content.
However, Eric is very satisfied that Barry · Weiss did not hide the status of the Rolling Stone band from himself in order to facilitate this transaction. Only this point, Eric has completely agreed to this transaction.
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Eric is a bit puzzled: "Why are the directors of Viking, why should we help us to buy our own Record Company?"
Katzenberg replied: "Barry said that the other party is also a senior executive at Virgin Records. Before the acquisition of Virgin by EMI in 1992, the development of Virgin Records was still very good. However, since it was acquired by EMI, Viking He has been going downhill for years, he should want to get rid of EMI and seek better development space. The specific situation, Barry should know more clearly. "
Eric thought for a while and said: "Let Barry come over for lunch at noon, let's discuss it carefully."
Send away Katzenberg, Eric continue to deal with the work in hand, and do not leave the office until 12 noon.
Barry · Weiss has rushed over from Firefly Group Headquarters of Burbank, because to discuss the business, Eric took him and Katzenberg to the restaurant of the "Titanic" exhibition hall, and specially asked for a box.
Barry · Weiss obviously made very good preparations, and just after sitting down, he began to introduce the ins and outs of this matter to Eric.
"Virgin Records was originally an industry owned by the Virgin Group created by United Kingdom tycoon Richard Branson. In 1992, the operation of Virgin Atlantic Airlines was in trouble. In order to raise funds to rescue Virgin Atlantic, Richard Branson I had to sell Virgin Records. That is to say, from the beginning, this transaction was not actively promoted by EMI Records. They just thought that after the acquisition of Virgin Records, Basic Instinct could expand its own strength.
However, reality is not as good as imagined. Although the scale of Virgin Records is far from comparable to that of several major record giants in the world, it has a very complete music production and distribution network, and its business scope also involves most singers and record types, which is almost a mini EMI record. Therefore, EMI will not be able to split Virgin Records into its own group system after doing so.
With no way to split, EMI can only allow Virgin Records to maintain its independent business model. But in this way, because most of Virgin Records ’business overlaps with EMI Records, EMI Records will only tend to the parent company ’s own business development, not only will it not give Virgin Records enough support, but it will seize the original Virgin Records resources. Therefore, instead of developing and growing, Viking Records has declined in recent years. "
Eric finished listening to Barry · Weiss, and asked: "Which pop singers does Virgin Records have now?"
"If you talk about the pillars, there is probably only the Rolling Stone band, other singers ca n’t be too good," Barry · Weiss shook his head: "However, the Rolling Stone band has been established since 1962 to the present, although it has always been One of the most popular band combinations, but they have already passed the peak period of popularity and creation. Moreover, this band was signed with Viking after the acquisition in 1992. Since its establishment, the Rolling Stone band has been 40 albums have been released, but Virgin only has the copyright of the five albums they signed, the rest or the most classic ones, all in the hands of other record groups. "
Eric was originally a little excited to hear the name of the Rolling Stone band, but when he heard Barry · Weiss's subsequent words, he was suddenly disappointed again.
The status of the Rolling Stone band in the history of world music is self-evident. If Virgin Records owns a large number of copyright records from the Rolling Stone band, if you win this Record Company, the Yahoo music store will add a large number of classic music content.
However, Eric is very satisfied that Barry · Weiss did not hide the Rolling Stone band from himself in order to facilitate this transaction, but this is the point, and Eric has completely agreed to this transaction.
Eric has some doubts: "Why do the directors of Viking want to help us match up to buy our own Record Company?"
Katzenberg replied: "Barry said that the other party also served as a senior executive at Virgin Records. Before the acquisition of Virgin by EMI in 1992, the development of Virgin Records was still very good. However, since it was acquired by EMI, Viking He has been going downhill for years, he should want to get rid of EMI and seek better development space. The specific situation, Barry should know more clearly. "
Eric thought for a while and said: "Let Barry come to lunch at noon, let's discuss it carefully."
Send away Katzenberg, Eric continue to handle the work in hand, and do not leave the office until 12 noon.
Barry · Weiss has arrived from Firefly Group Headquarters of Burbank, because to discuss the business, Eric took him and Katzenberg to the restaurant of the "Titanic" exhibition hall, and specially asked for a box.
Barry · Weiss obviously made very good preparations, and just after sitting down, he began to introduce the ins and outs of this matter to Eric.
“Virgin Records was originally an industry owned by the Virgin Group created by United Kingdom Richard Branson. In 1992, Virgin Atlantic ’s operations were in trouble. In order to raise funds to rescue Virgin Atlantic, Richard Branson I had to sell Virgin Records. That is to say, from the beginning, this transaction was not actively promoted by EMI Records. They just Basic Instinct felt that after acquiring Virgin Records, they could expand their strength.
However, reality is not as good as imagined. Although the scale of Virgin Records is far from comparable to that of several major record giants in the world, it has a very complete music production and distribution network, and its business scope also involves most singers and record types, which is almost a mini EMI record. Therefore, EMI will not be able to split Virgin Records into its own group system after doing so.
With no way to split, EMI can only allow Virgin Records to maintain its independent business model. But in this way, because most of Virgin Records ’business overlaps with EMI Records, EMI Records will only tend to the parent company ’s own business development, not only will it not give Virgin Records enough support, but it will seize the original Virgin Records resources. Therefore, instead of developing and growing, Viking Records has declined in recent years. "
After listening to Barry · Weiss, Eric asked: "Which pop singers does Virgin Records have now?"
"If you talk about the pillars, there is probably only the Rolling Stone band, other singers ca n’t be too good," Barry · Weiss shook his head: "However, the Rolling Stone band has been established since 1962 to the present, although it has always been the world One of the most popular band combinations, but they have already passed the peak period of popularity and creation. Moreover, this band was only signed with Viking after the acquisition in 1992. From the establishment to the present, the Rolling Stone band has been 40 albums have been released, but Virgin only has the copyright of the five albums they signed, the rest or the most classic ones, all in the hands of other record groups. "
Eric was still a little excited to hear the name of the Rolling Stone band, but when he heard Barry · Weiss' subsequent words, he was suddenly disappointed again.
The status of Rolling Stone band in the history of world music is self-evident. If Virgin Records owns a large number of Rolling Stone bands, copyright, and win this Record Company, Yahoo music store will add a large number of classic music content.
However, Eric is very satisfied that Barry · Weiss did not hide the status of the Rolling Stone band from himself in order to facilitate this transaction. Only this point, Eric has completely agreed to this transaction.
Eric has some doubts: "Why do the directors of Viking want to help us to buy our own Record Company?"
Katzenberg replied: "Barry said that the other party also served as a senior executive at Virgin Records. Before the acquisition of Virgin by EMI in 1992, the development of Virgin Records was still very good. However, since it was acquired by EMI, Viking He has been going downhill for years. He should want to get rid of EMI and seek better development space. The specific situation, Barry should know more clearly. "
Eric thought about it and said, "Let Barry come over for lunch at noon, let's discuss it carefully."
Send away Katzenberg, Eric continue to handle the work in hand, and do not leave the office until 12 noon.
Barry · Weiss has arrived from Firefly Group Headquarters of Burbank, because to discuss the business, Eric took him and Katzenberg to the restaurant of "Titanic" exhibition hall, and also specially asked for a box.
Barry · Weiss obviously made very good preparations, and just after sitting down, he began to introduce the ins and outs of this matter to Eric.
"Virgin Records was originally an industry owned by the Virgin Group created by United Kingdom tycoon Richard Branson. In 1992, Virgin Atlantic ’s operations were in trouble. In order to raise funds to rescue Virgin Atlantic, Richard Branson I had to sell Virgin Records. That is to say, from the beginning, this transaction was not actively promoted by EMI Records. They just felt that Basic Instinct felt that after acquiring Virgin Records, they could expand their strength.
However, reality is not as good as imagined. Although the scale of Virgin Records is far from comparable to that of several major record giants in the world, it has a very complete music production and distribution network, and its business scope also involves most singers and record types, which is almost a mini EMI record. Therefore, EMI will not be able to split Virgin Records into its own group system after doing so. (To be continued.)