I’m in Hollywood Chapter 791: **** Family
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In the mid-1990s, United States ’s cable TV industry was on the verge of breaking out while taking advantage of the wave of new technology.
As long as FFM is operating properly, will the valuation of the new technology wave only double to five years and five times and ten times are very conservative estimates. At this time, Eric promised Weinstein an option worth more than 10 million USD, which may even bring in a return of hundreds of millions of USD. As long as the development of FFMTV Station meets expectations, Eric will never be stingy in paying management compensation.
It's just that Harvey · Weinstein obviously doesn't think so. After all, not everyone can see the future. He shook his head: "Eric, 250,000 USD I can accept the annual salary, but there are too few options for 1 million shares."
Eric said: "Harvey, after this cable company is handed over to you, according to the annual growth rate of 30%, the market value of the company in five years will be about four times that of the current one. It will be above 40 million USD, which is already very generous. No matter whether it is Firefly or News Corp, there are no more than ten senior executives with an annual salary of 10 million. "
Harvey · Weinstein opened his mouth and wanted to refute, but failed to speak out. He could n’t say he did n’t have the confidence to achieve a 30% annual growth rate?
Enterprises that have passed the rapid development period, it is really not easy to achieve an annual growth rate of 30%, and more is just a success. But for a start-up company such as FFM that has just been established and has sufficient financial and resource support, if it cannot achieve an annual growth rate of 30%, it cannot really be considered a success.
Seeing Weinstein a little hesitant, Eric thought about it and said: "If you think the option risk is too great, we can take another way to set up a special bonus, as long as you complete the annual performance goal, you can take To this bonus. However, I can only give you the maximum bonus of 5 million USD every year. "
When Sony hired Peter · Guber to manage Columbia, it adopted this method. The contract of Peter · Guber is also five years, and the award amount set by Sony is 50 million USD. In the end, Peter · Guber took away the bonus and left a mess for Sony.
Sony will be pitted by outsiders. Of course, Firefly and News Corp will not make such mistakes. However, at the level of Peter · Guber and Film StudioCEO, the award amount is only 50 million USD. Of course, Eric cannot set too high a bonus amount for Weinstein, otherwise the executives of the same level of the two companies and Weinstein will certainly be unhappy.
Harvey clearly also knows the rules, and the expression is more hesitant. It is undoubtedly very safe to choose the bonus.
Although he has received a lot of money from Miramax in the past two years, but this is also when the year is good, the movie industry has always been very variable, and maybe it will not receive a penny for dividends next year.
However, the high rate of return on options is also very attractive, but it is also accompanied by a very high risk. The continuous growth described by Eric is only an optimal state. If one of the years causes FFM estimates due to huge losses and other factors The value has dropped sharply, so the previous one or two years of effort may have been drifting.
In the end, Weinstein still said: "Eric, can you give me a few days to consider time?"
"No problem," Eric nodded, and he did not expect Weinstein to agree on the spot, and said: "If you are not in a hurry to leave, maybe you can listen to my thoughts on FFM, this should decide whether you Accepting this job is helpful. "
Harvey smiled happily, implied compliment: "Of course I am happy, I think no one will let this opportunity pass."
FFM starts with the project and determines that the goal of the chase is HBO.
HBO has changed its slogan eight times since its establishment in the early 1970s, and this is actually HBO's exploration of the operating model of toll cable stations.
HBO ’s current slogan is ‘We’re-Out-of-Town-Today’, established in 1993. The most classic HBO is also the slogan that has been in use for the longest time, suggesting that the HBO business model is completely mature, ‘this is not TV, this is HBO’, and it has not yet been released.
‘It ’s not TV, it ’s HBO’, it actually represents HBO ’s core business philosophy, giving viewers a completely different viewing experience from ordinary TV shows. It is precisely around this core that while introducing hundreds of excellent films every year, HBO has consistently invested heavily in the production of a large number of well-received boutique episodes with no loss in the production specifications and concepts of the film.
Since HBO has not yet launched its own classic slogan, Eric did not hesitate to change it to ‘this is not TV, this is FFM’.
Combining the memory of previous life and the materials consulted in the recent period, discussed in detail with Murdoch and Weinstein his development ideas for FFMTV Station planning.
Since it is decided to slogan 'This is not TV, this is FFM', this toll cable station must be completely de-TVized, completely eliminating the conventional TV Station profit model based on advertising revenue, obtained through user subscription and copyright operation profit. While introducing high-quality content, FFM needs to produce more high-quality home-made dramas. Of course, this does not mean blindly investing money in pursuit of large investment and large production, but according to the current status of FFM viewers who are mostly social elites, the production meets this Criticize the audience's taste for more open and more ideological and artistic works.
The three also discussed other details such as branding and paying attention to user satisfaction. Eric also talked about some big data ideas that appeared more than a decade later, so until 8 o'clock in the evening, I had dinner, three Talents leave separately.
After a busy day, a little tired, Eric did not rush back to Cliff Peak Manor, but went to the residence of Trousdale Manor Drew.
The girl didn't know where she was going. No one was in the villa. Eric sent the driver away and took out the key and opened the door.
Simply take a bath, come to the living room in a bathrobe, turn on the TV, hold the laptop and sit on the sofa while watching TV and check today ’s mail.
Judging from the reaction of Weinstein when he left, he has basically determined to accept the job, and at most he will only fight for his salary. After finding the right manager, Eric will start to consider the next step.
In the field of media, the core of competition is content.
If you want FFM to quickly establish a reputation and establish a brand, it is certainly not enough to introduce external film and television copyright. Homemade content with sufficient topical degree is essential.
Besides "Sex and the City" which has been taken to Lifetime, the first thought of Eric is "Black Road Family".
In the original space and time, because of the rise of the Internet, mainland audiences are more familiar with "House of Cards" produced by Netflix than "Black Road Family".
With the powerful influence of "House of Cards", Netflix surpassed HBO in the number of subscribers in one fell swoop, and in the following years, HBO was far removed. The status of "Black Road Family" on HBO is actually equivalent to Netflix's "House of Cards". Although there have been many excellent dramas such as "Sex and the City", "Under Six Feet", 《Band of Brothers》, etc., it is actually the "Black Road Family" that really pushes HBO to the dominance of the paid cable station.
At that time, even in China, Eric often heard the famous name of "Black Road Family".
This TV series masterpiece ranks first in many Western media's "Greatest TV series Rankings in History". Although the influence of the former "Sex and the City" was great, it was limited to women, but "Black Road Family" could become the focus of the topic at the national level.
Under normal circumstances, episodes of the same quality usually have a larger public station than a basic cable station in terms of ratings, and a basic cable station is larger than a paid cable station.
Because of the inherent disadvantage of the base of the audience, very few TV programs from pay-per-view cable TV stations can squeeze into the top positions in the ratings list, but "Black Road Family" just did it. This TV series is at the peak of HBO During the period, even more than 10 million's viewership was achieved, which is only a few tens of millions relative to the total number of subscribers to other cable TV stations. "Black Road Family" ratings data is simply a miracle. It is by virtue of "Black Road Family" called the anti-sky viewing data, HBO was able to ascend to the status of the toll cable station.
There are many reasons for the rise of "Black Dao Family", but in the end it is inseparable from the excellent episode quality and catering to the tastes of the United States media and audience.
Although the history of Hollywood has changed because of the appearance of Eric, screenwriter David · Ches of "Black Road Family" still wrote this script, because this script idea is based on some personal experience of David · Chess Conceived by the experience, the story has been brewing in David · Chez's mind for many years.
David Chez is currently a small and famous Producer in the TV industry, and has participated in the production of the CBS hit drama "Northern Kingdom".
It ’s just that the sales of script in "Black Road Family" is not so smooth. Between Eric ’s attention to this matter, several major TV Stations including ABC have received this script, but the four major TV Station senior This kind of cool alternative gangster film is not interested at all, so he chose to refuse without exception.
In the past history, the production process of "Black Road Family" has been bumpy. After selling to Major TV Network to no avail, David · Ches turned his goal to a smaller wired TV Station. HBO finally won this script in 1997, but the willingness to produce was not so strong. Under the strong request of David · Chez, HBO finally approved the production funds of a trial episode. David · Chez personally took the Director to shoot the trial episode, but was pressed by HBO for more than a year. Until 1999, "Black Road Family" finally landed on the TV screen, and then it rose miraculously.
Eric has also recently let the copyright department of Firefly contact David · Chez again, and wants to win this script. Among them, there is another coincidence. David · Ches, the agent of script, is named Brad · Gray. He used to be an assistant of Weinstein, and now he has independently created a production company.
Of course, Eric will not come forward in person, otherwise, he will tell others clearly and hurry up.
Eric deliberately explained the head of the copyright department to report to him the progress of the negotiation of "Black Road Family" in a timely manner, opened the mailbox, and quickly found a related email.
Perhaps it is the change in Firefly's attitude towards script in the "Black Road Family". David · required to personally act as Director and Producer in the negotiations, and participated in the selection of roles. Brad · Gray refused to completely let go of the production of the episode.
Compared to the size of Firefly, Brad · Gray ’s Production Studio is like a humble small workshop. As long as the other party is not greedy and wants to share copyright, Eric does not mind giving the other party a little sweetness. As for David Chez wants to participate in the production of the episode, but Eric hopes to see.
After writing a reply, Eric closed the mailbox interface, opened the Yahoo portal, and browsed the latest news at will.
I do n’t know how long it took. When Eric was about to fall asleep on the sofa, Drew, wearing a blue evening dress, came back from the outside with the twins.
"Eric," the girl entered the door and kissed her in the arms of Eric.
Eric pushed the laptop sandwiched between the two people away, hugged the waist of the girl, and asked, "Where did you go crazy and come back so late?"
"It ’s not crazy, party of The Godfather, I ca n’t help but go," said the girl, twisting her body, tightening it more towards Eric, and lifting a pair of calves and shaking , The twins stepped forward quietly, helped the girl take off their high-heeled shoes, and took the initiative to put the laptop aside, and one of them asked softly, "Boss, do you want to take a shower?"
"Well, wait for me and Eric to wash together."
Eric smiled and said: "I have washed it."
"Then wash it again," the girl cuddled around Eric's neck.
Eric could not bear but nodded and waited for the twins to leave to prepare hot water before asking again: "What party is Steven inviting you to join again this time?"
"It's still some business cooperation," the girl obviously didn't want to say this, just said: "Anyway, I always feel that The Godfather they don't do much this time."
Eric smiled. At the end of last month, with the support of Microsoft, Steven · Spielberg, David · Geffen, George · Lucas and others officially announced the big Film Studio plan, maybe Eric took the name of DreamWorks in advance , The new Film Studio has not been renamed, but the resources of several parties have been integrated into Ann Berlin Film Industry under the name of Spielberg.
Microsoft first invested in 500 million USD, and promised to provide technical support in film and television special effects and computer animation, and obtained a 25% stake in Anberlin. George · Lucas merged Lucas Film Industry and Industrial Light & Magic under the name into the company, and also held a 25% stake. It will also obtain the production rights of 《Star Wars》, the remaining 50% equity, Spielberg holds 30%, and as the earliest initiator of the big Film Studio project, David · Geffen only got a 20% equity this time, which is implicitly excluded The trend out of the core circle can be imagined, as long as Microsoft makes the second and third round of capital injections, the first equity to be diluted is definitely David · Geffen.
At the same time, An Berlin also signed a distribution agreement with Paramount for eight films in the next five years.
These things Eric have been paying attention all the time, and the feeling of the girl at this time, Eric also feels that this time Spielberg and others are unlikely to be large on Film Studio.
Not to mention the short distribution channels, the original seven major Film Studio secretly suppressing and other factors, let's say Spielberg and George · Lucas, they are not the kind of ambitious people, although many people call Spielberg a film merchant, but He has some indecisive personality, but he is totally unsuitable for running a big Film Studio.
Take this time. It is said that during the cooperation negotiations, Spielberg also told other partners that it would do its best to run this company, but at the same time maintain the right to cooperate with other Film Studio alone. Is this like what an ambitious person can say?
Spielberg ’s talent in film is unquestionable, but he cannot be a Eric traverser with the advantage of a prophet. In the original space and time, DreamWorks has been established for many years, and the Live-Action Film business has basically not achieved much profit. The only development that is relatively stable is only the DreamWorks animation that Katzenberg personally controls. Later, DreamWorks animation also chose to leave DreamWorks and go public separately. Then he became distracted and finally parted ways.
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...... (to be continued.)