Chapter 242： PayPal？
After William Chen was responsible for repaying all the debts of MGM in the 20th century, the huge film company has also begun to continue on the road, lightly loaded, and it seems that the start is still very good.
At present, "The Incredible Hulk" has also been filmed, and it will be released after waiting for "Iron Man" to be drawn. It's just that this Hulk independent film will still be distributed by Universal Pictures, but after signing a contract with them to withdraw the distribution rights Following the agreement, the distribution of subsequent Hulk independent films has been attributed to Twentieth Century MGM Studios.
The next MCU movie, Iron Man 2, is in the works for the sequel, encouraged by the success of the first movie at the box office.
"In terms of movies, I think the Internet has an increasing influence on audiences. I have noticed that after a new movie is released, audiences have become accustomed to first determining whether the movie is worth watching from the information on those movie rating websites. , one of the sites worth paying attention to is Rotten Tomatoes, which has created a relatively new freshness scoring method, which is loved by many audiences."
Hearing Bramall Norwood's remarks, William Chen didn't expect the CEO to be very keen on the Internetization of entertainment, he said in agreement: "Yes, this is a trend, so you think we should buy it?"
"Yes, this site used to belong to News Corp. At the beginning of the year, it was acquired by Flisterl, a movie-based social networking site that highlights the reputation of a movie among the public. After the acquisition of Rotten Tomatoes, it With more than 250,000 movie profiles, 2.3 billion user reviews, 500,000 professional movie reviews, and more than 20,000 trailers and video content, it has threatened the status of 1MDB, the world's largest movie database.
"However, with the current economic crisis, Flister wants to continue to develop, but financing has become a problem, so I don't think it will be very difficult to acquire this website. $50 million is enough to win."
William Chen nodded and said, "This is a small matter, you can decide."
"I am going to buy it under the name of The New York Times Group, so that the public will not have the concern that films produced by our film company will be given preferential treatment on Rotten Tomatoes.
Bramall Norwood's consideration is still very reasonable, and I heard him continue: "As for the acquisition of the music recording market that I mentioned to you last time, we have already contacted Warner Records and EMI respectively. pass
, The other party does not have much resistance to the acquisition, but the debts of the two record companies add up to nearly 2 billion US dollars. If the acquisition is carried out, the valuation of Goldman Sachs will cost about 3 billion US dollars for Warner Music, and EMI Records. $2.5 billion. "
"Let's do it like this. I'm also very optimistic about the future of the music industry. Entertainment is never out of date, it just needs to adapt to the times."
"Speaking of which, boss, you asked me to investigate the current online music platform, and I found a very promising company...
He's talking about Spotify, a Swedish company that officially launched in Stockholm in October 2008, providing users with music streaming content. At present, this company can be said to be the music platform with the most complete copyright. Spotify provides Universal Music, Sony Music, Warner Music and EMI, which are authorized by these four major record companies and many independent labels, and managed by digital rights management (DRM). protected music.
Through understanding, Spotify was originally conceived by Daniel Ek and Martin Lorenz in 2006. Napster, a P2P music sharing service that was very popular at the time, was a large-scale copyright infringement because it provided pirated music. Just been "hunted" to extinction by the American Lawyers Recording Industry Association.
At this time, the entire music industry is struggling. Under the impact of the Internet, the sales of physical media such as CDs have been declining, and the record companies have no way to save the decline.
When Spotify officially launched in Sweden in 2008, global music industry revenue had fallen to $16.9 billion, and the steady decline shows no signs of slowing down. As Kay's sales dwindled, and there were fewer ways to save the crisis, the founders of SpotifyE successfully persuaded the Big Four and several smaller labels to agree to give all of their catalogs to Spotify, in the U.S. Limited use overseas.
And they are very smart. Let the four major record companies become shareholders of Spotifyb, which is almost a free way. Each record company can get 5% of Spotify shares for about $20,000.
In this way, Spotifyl has successfully obtained many genuine licenses, which has begun to develop rapidly, and is now the world's top music streaming platform.
Spotify does not offer downloads, all listening is in the form of streaming media, and their unique technology,
So that the sound quality can be presented perfectly, it is no wonder that it is loved by users.
Just like William Chen in the film and television industry through Netflix's online channels, music content also needs similar channels, so it seems that Spotifyt is also a very good acquisition target, and the company is not large.
If it is acquired now, it can be won for less than 100 million US dollars, so William Chen immediately agreed to this acquisition.
These are all small things, and the purchase price does not exceed 100 million US dollars, but after hearing this, William Chen suddenly had an idea.
Now, I don't think about his past life and future situation, mobile payment is not so convenient, and these investments of William Chen, whether it is the subscription of the "American Headline" APP, or the payment of Zoom, Netflix and the future Spotify, this There are not too many scenarios that require mobile mobile payment.
Of course, you can use third-party payment, such as PayPal, but as a very important payment data, it is better to keep it in your own hands. For example, in China, it will soon be in; APPE has built-in Alipay, so why not outside of China,
What about launching a payment app? Or buy one?
At that time, it can be integrated into many of its own APPs, including APPs such as Twitter, Reddita, etc.
For Chen William's Internet + entertainment strategy, it is really a very important thing.
However, promoting mobile payment in the United States is not as easy as in China, because the United States has its own national conditions, various credit card merchants have great benefits, and using credit cards is a very convenient way of shopping, and it is very popular. Therefore, If you are starting from scratch, it is really not easy to get so many banks.
So the easiest way is to acquire a ready-made payment company. In this case, the first thing that comes to mind is, of course, PayPal.
PayPal was acquired by eBay for $1.5 billion in 2002, and eBay didn't pay cash at the time,
Rather, it is PayPal acquired through shares.
If you want to take PayPalt from eBay now, it is not impossible, because eBay has been left behind by Amazon in recent years, and its development is not good. It's just that the acquisition price is not too small. It is likely to be close to 10 billion Thinking of this, he sent a message directly to Nielsen, asking him to investigate the situation of PayPalE in detail. And analyze the feasibility of acquiring this payment company from eBay.
And William Chen himself left Los Angeles and went to the headquarters of Meta Technology in Silicon Valley.
The headquarters of Meta Technology is already quite large. After the company was established, it bought a ten-story building in Silicon Valley and moved most of its companies in.
And through Erica, William Chen also knew that the company and Silicon Valley have also decided that they will acquire a plot of land near Mountain View to build the headquarters park of Meta Technology Company. The design plan of the park has been completed, accounting for With a land area of 2.8 million square feet and an estimated total cost of about US$700 million, it will include three office buildings, an artificial intelligence research and development center, a cloud computing research center and a big data center.
Of course, this cost does not include the equipment purchase cost of the research center and the big data center. If all are added together, it is probably more than 1.5 billion US dollars.
However, these are also necessary. In the Internet industry, data is a strategic weapon, so in the future, not only here, but in more places around the world, they will gradually build big data centers to ensure the global operation of their companies.
American Road to Fame https://
At present, "The Incredible Hulk" has also been filmed, and it will be released after waiting for "Iron Man" to be drawn. It's just that this Hulk independent film will still be distributed by Universal Pictures, but after signing a contract with them to withdraw the distribution rights Following the agreement, the distribution of subsequent Hulk independent films has been attributed to Twentieth Century MGM Studios.
The next MCU movie, Iron Man 2, is in the works for the sequel, encouraged by the success of the first movie at the box office.
"In terms of movies, I think the Internet has an increasing influence on audiences. I have noticed that after a new movie is released, audiences have become accustomed to first determining whether the movie is worth watching from the information on those movie rating websites. , one of the sites worth paying attention to is Rotten Tomatoes, which has created a relatively new freshness scoring method, which is loved by many audiences."
Hearing Bramall Norwood's remarks, William Chen didn't expect the CEO to be very keen on the Internetization of entertainment, he said in agreement: "Yes, this is a trend, so you think we should buy it?"
"Yes, this site used to belong to News Corp. At the beginning of the year, it was acquired by Flisterl, a movie-based social networking site that highlights the reputation of a movie among the public. After the acquisition of Rotten Tomatoes, it With more than 250,000 movie profiles, 2.3 billion user reviews, 500,000 professional movie reviews, and more than 20,000 trailers and video content, it has threatened the status of 1MDB, the world's largest movie database.
"However, with the current economic crisis, Flister wants to continue to develop, but financing has become a problem, so I don't think it will be very difficult to acquire this website. $50 million is enough to win."
William Chen nodded and said, "This is a small matter, you can decide."
"I am going to buy it under the name of The New York Times Group, so that the public will not have the concern that films produced by our film company will be given preferential treatment on Rotten Tomatoes.
Bramall Norwood's consideration is still very reasonable, and I heard him continue: "As for the acquisition of the music recording market that I mentioned to you last time, we have already contacted Warner Records and EMI respectively. pass
, The other party does not have much resistance to the acquisition, but the debts of the two record companies add up to nearly 2 billion US dollars. If the acquisition is carried out, the valuation of Goldman Sachs will cost about 3 billion US dollars for Warner Music, and EMI Records. $2.5 billion. "
"Let's do it like this. I'm also very optimistic about the future of the music industry. Entertainment is never out of date, it just needs to adapt to the times."
"Speaking of which, boss, you asked me to investigate the current online music platform, and I found a very promising company...
He's talking about Spotify, a Swedish company that officially launched in Stockholm in October 2008, providing users with music streaming content. At present, this company can be said to be the music platform with the most complete copyright. Spotify provides Universal Music, Sony Music, Warner Music and EMI, which are authorized by these four major record companies and many independent labels, and managed by digital rights management (DRM). protected music.
Through understanding, Spotify was originally conceived by Daniel Ek and Martin Lorenz in 2006. Napster, a P2P music sharing service that was very popular at the time, was a large-scale copyright infringement because it provided pirated music. Just been "hunted" to extinction by the American Lawyers Recording Industry Association.
At this time, the entire music industry is struggling. Under the impact of the Internet, the sales of physical media such as CDs have been declining, and the record companies have no way to save the decline.
When Spotify officially launched in Sweden in 2008, global music industry revenue had fallen to $16.9 billion, and the steady decline shows no signs of slowing down. As Kay's sales dwindled, and there were fewer ways to save the crisis, the founders of SpotifyE successfully persuaded the Big Four and several smaller labels to agree to give all of their catalogs to Spotify, in the U.S. Limited use overseas.
And they are very smart. Let the four major record companies become shareholders of Spotifyb, which is almost a free way. Each record company can get 5% of Spotify shares for about $20,000.
In this way, Spotifyl has successfully obtained many genuine licenses, which has begun to develop rapidly, and is now the world's top music streaming platform.
Spotify does not offer downloads, all listening is in the form of streaming media, and their unique technology,
So that the sound quality can be presented perfectly, it is no wonder that it is loved by users.
Just like William Chen in the film and television industry through Netflix's online channels, music content also needs similar channels, so it seems that Spotifyt is also a very good acquisition target, and the company is not large.
If it is acquired now, it can be won for less than 100 million US dollars, so William Chen immediately agreed to this acquisition.
These are all small things, and the purchase price does not exceed 100 million US dollars, but after hearing this, William Chen suddenly had an idea.
Now, I don't think about his past life and future situation, mobile payment is not so convenient, and these investments of William Chen, whether it is the subscription of the "American Headline" APP, or the payment of Zoom, Netflix and the future Spotify, this There are not too many scenarios that require mobile mobile payment.
Of course, you can use third-party payment, such as PayPal, but as a very important payment data, it is better to keep it in your own hands. For example, in China, it will soon be in; APPE has built-in Alipay, so why not outside of China,
What about launching a payment app? Or buy one?
At that time, it can be integrated into many of its own APPs, including APPs such as Twitter, Reddita, etc.
For Chen William's Internet + entertainment strategy, it is really a very important thing.
However, promoting mobile payment in the United States is not as easy as in China, because the United States has its own national conditions, various credit card merchants have great benefits, and using credit cards is a very convenient way of shopping, and it is very popular. Therefore, If you are starting from scratch, it is really not easy to get so many banks.
So the easiest way is to acquire a ready-made payment company. In this case, the first thing that comes to mind is, of course, PayPal.
PayPal was acquired by eBay for $1.5 billion in 2002, and eBay didn't pay cash at the time,
Rather, it is PayPal acquired through shares.
If you want to take PayPalt from eBay now, it is not impossible, because eBay has been left behind by Amazon in recent years, and its development is not good. It's just that the acquisition price is not too small. It is likely to be close to 10 billion Thinking of this, he sent a message directly to Nielsen, asking him to investigate the situation of PayPalE in detail. And analyze the feasibility of acquiring this payment company from eBay.
And William Chen himself left Los Angeles and went to the headquarters of Meta Technology in Silicon Valley.
The headquarters of Meta Technology is already quite large. After the company was established, it bought a ten-story building in Silicon Valley and moved most of its companies in.
And through Erica, William Chen also knew that the company and Silicon Valley have also decided that they will acquire a plot of land near Mountain View to build the headquarters park of Meta Technology Company. The design plan of the park has been completed, accounting for With a land area of 2.8 million square feet and an estimated total cost of about US$700 million, it will include three office buildings, an artificial intelligence research and development center, a cloud computing research center and a big data center.
Of course, this cost does not include the equipment purchase cost of the research center and the big data center. If all are added together, it is probably more than 1.5 billion US dollars.
However, these are also necessary. In the Internet industry, data is a strategic weapon, so in the future, not only here, but in more places around the world, they will gradually build big data centers to ensure the global operation of their companies.
American Road to Fame https://
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