Heads Up Hollywood

The departure of Messier marks that Vivendi will not only face a major change in senior management, but also a reorganization of the board of directors.

For the current Vivendi, the first step is to elect a new board of directors!

Then through this board of directors, make a strategic decision that is most in line with the current situation, and then rely on this strategic decision to elect a suitable CEO to lead Vivendi out of the predicament.

Because Vivendi's stock price continued to fall, the choice of a new board of directors was imminent, and only two days later, new news was announced.

Mr. Jean Fuerto, a well-known business tycoon in France and chairman of the board of directors of Aventis Pharmaceutical Group, will become the new chairman of the board of directors of Vivendi.

At the same time, Vivendi also appointed two new directors, including Claude Bibel, the honorary chairman of AXA Insurance Group, who had been opposed to Messier in the past but was squeezed out. The leader who steps down and redesigns the company's strategy.

This wave of stormy operations is to restore the confidence of investors.

But this is obviously not enough!

After Messier steps down, he will face scrutiny from the judiciary and even face the risk of imprisonment.

Investors are selling shares frantically because the probability of bankruptcy of this company is high.

In the absence of a new CEO, Vivendi will continue to respond quickly.

On July 5, in order to reverse the situation, the new chairman of the board of directors, Jean Fuerto, announced a series of measures on behalf of the board of directors: immediately implement a restructuring plan, sell assets, and reduce debt.

And this series of measures will lead to the disintegration of Vivendi, a global media giant.

Jean Fuerto is 63 years old. He is different from the young Messier. He is from a traditional enterprise. Potential, sunrise industry.

Jean Fuerto's idea is very clear: divest unstable assets and focus on the telecommunications industry!

The telecommunications industry is not as promising as the Internet and media industries, but its advantages lie in reliable returns and stable income.

On the same day, Hollywood's first imax film "Pirate Alliance: The Curse of the Black Pearl" was officially released in North America!

After a few days of film critic promotion, the imax version has aroused strong curiosity and attraction in the hearts of movie fans. Just as Tang En expected, the 75 imax theaters in the United States are almost full!

Ordinary movie theaters have many screens and many projection halls, but imax theaters usually have only one imax projection hall. In this case, the imax projection hall is completely monopolized by "Pirate Alliance: The Curse of the Black Pearl".

The ticket price for the normal version is US$5.99, and the ticket price for the imax version is US$7.99, but even so, the imax version is still the first choice for movie fans!

On this day, it was Friday, and only the new film "Pirate Alliance: The Curse of the Black Pearl" was released in the United States.

However, two days ago, on July 3, Sony's "Men in Black 2" and Fox's "Little Devil's Shoes" were released, and some media believed that they might pose a threat to the box office of "Pirate League".

But what happened?

On its first day of release, "Pirate League: The Curse of the Black Pearl" earned $36.5 million at the box office.

This data is less than half of the premiere day of "Spider-Man 2", but don't forget, this is an original project, and it is the first in the series!

Such box office revenue is already amazing enough.

At least in the first week of its release, it has the potential to break through $100 million at the North American box office!

It also indicates that the 140 million US dollars invested in the film is likely to be able to recover the cost through the North American box office.

It may not be a big deal for Tang En Pictures' commercial production, but looking at Hollywood as a whole, such box office results are already good enough.

In particular, the income of imax theaters is very gratifying.

On that day, the imax version of "Pirate Alliance: The Curse of the Black Pearl" was screened for a total of 412 games, with an average audience of 218 per show, and a total box office of nearly 720,000 US dollars!

Although the cost of converting and copying the imax version of the film is high, the first-day box office results produced by the imax theater are gratifying enough.

If this can last for 10 days, it pays for itself!

Although in terms of cost performance, the current imax version of the movie is not as good as the normal version, but businessmen have sharp eyes. As soon as the first day's data is released, movie theaters and Hollywood distributors can definitely see the potential of imax movies.

Moreover, this is only the first imax film, and DMR's conversion technology and cost control are the first time.

With the development of time and the maturity of the business, the cost of DMR conversion and film copying will become lower and lower.

The future is bright!

It can be said that "Pirate Alliance: The Curse of the Black Pearl" is the first shot for the promotion of the imax version of the movie!

On July 6th, a Saturday, Tang En came to the company rarely.

Usually, he prefers to date all kinds of beautiful girls on weekends, or attend various Hollywood parties to relax and pastime, which is definitely a great enjoyment.

But now is a special period, Tang En has also become serious.

As for Bill McNick, West Cotton and other high-level executives, not to mention, their annual vacation usually does not exceed ten days!

The weekend system is only applicable to low-level employees and senior managers, and there is no concept of rest at all.

On the one hand, it is their sense of responsibility, dedication and enthusiasm for work, and on the other hand, it is also related to salary.

For example, Bill McNick's annual salary is about 15 million U.S. dollars, of which the basic salary is 5 million U.S. dollars, and the remaining 10 million U.S. dollars are performance benefits.

The more you work, the more you earn!

For example, Jeffrey Katzenberg, the chairman and CEO of DreamWorks, sleeps only 4 hours a day and works more than 18 hours a day, which is almost crazy.

"The negotiating team is ready to take action. Within two months, we will win Universal!" Tang En held a meeting with several executives in the office.

Brandy Norris said: "Half a month ago, I already contacted the three major investment banks Goldman Sachs, Citigroup, and Lehman Brothers, and they will jointly undertake our acquisition..."

Tang En suddenly said: "Our goal is to acquire the three companies Universal Pictures, Universal Music and Blizzard Games, but I heard... Vivendi is likely to package the USA Television Network and Universal Pictures, we have to have a plan .”

Brandy Norris was startled, "Then we accept?"

Tang En said firmly: "No matter what, we must win Universal Pictures, Universal Music and Blizzard Games. No matter how big the obstacles are, we must face them!"

Tosca Musk said: "As far as the prospects of the current Vivendi Entertainment Department are concerned, the worst must be Universal Music. With the rise of the Internet, the record industry has already declined; secondly, Houghton Mifflin Publishing company, even though it is the third largest publishing company in the world, the price of the entire publishing industry is going down; then there is Blizzard Games, the founders of Blizzard... It is a headache, Vivendi originally thought about it in three years. In the past, relying on Blizzard, it surpassed EA and became the world's largest game company. But as a result, Blizzard's games repeatedly bounced, and Vivendi's management fired several managers of Northern Blizzard, but there was no improvement."

Blizzard has a great reputation, and its "Dark Destroyer" and "Warcraft" are both very classic games.

But Blizzard's management, that is, the few founders, are very artistic. Obviously, the game can be released on time, but they can always delay it because of some small flaws.

This has led to problems with Blizzard's reputation and delayed Vivendi's overall strategic layout.

Of course, there are pros and cons.

Blizzard's spirit of excellence can make Blizzard's games outstanding.

Tang En frowned, "Mifflin Publishing Company? I'm not interested in the publishing business!"

Bill McNick said: "Negotiation skills must be exquisite. In this era, few people are willing to take over the music company. Vivendi must want to throw away this hot potato. We must take advantage of this."

Through Vivendi's eagerness to sell Universal Music, it can gain negotiation weight.

At this time, Tang En Pictures must not show excessive desire for Universal Music.

Tang En nodded, "Bill and Brandy, you all have rich experience in mergers and acquisitions, and I will leave the negotiation work to you this time. My request... You all know that it doesn't matter if you spend more money, you must Get what we want!"

Tosca Musk asked: "Vivendi also has some network assets, such as the mp3.com website, and the e-commerce website jointly owned by Sony."

"No." Tang En immediately refused, paused, and added, "I would rather buy a publishing house than these shabby Internet properties!"