American Fortune Life
Chapter 521: AMC Cable TV
Dinner was very enjoyable. It was not just food. Through communication, everyone reached a tacit agreement. Sometimes the circle was formed like this. As for Andy's age and qualifications, it was naturally enough for Warren Buffett. Already.
When several people walked out of the restaurant, the sideguards of the five cars parked by the side of the road had blocked some paparazzi that tracked Andy and Ivana, and saw several people coming out, especially several big men. Like paparazzi, paparazzi ignored the push of the bodyguard and held the camera for a while.
"Sorry guys, these paparazzi are following me and Ivana ..."
After hearing Andy's apologetic words, Warren Buffett waved his hands and laughed: "I have already reported on entertainment twice because of you, haha, it seems that we will all be on the entertainment headlines tomorrow."
"Oh, good idea, come, we should cooperate to pose ..."
Everyone heard Citibank's Sandy ridicule, it was really like a cute gesture of a v-shaped gesture of fangs, making everyone helplessly shook his head and laughed. Ivana was pinched by Andy's slender waist, and was even teased Flutter, shit, really flutter.
"Okay, guys, I'm really tired. I can't compare to your jingli. I'm going to take a step first. Andy, share matters, please contact me as soon as you decide. I'll find time to help you with your intentions. Everyone made an appointment, let's talk together. "Morris was old after all. Although he played golf, he had more leisure time, but he couldn't always maintain a vigorous state.
"Okay, trouble you, Mr. Morris, but since Sandy has always wanted to help, if I refuse to be kind, then I can't justify it. Sandy, you know, I will use high leverage. Question? "Andy and Morris shook hands, thanked again, and turned to Sandywell with a hint of ridicule.
"No problem at all! You are the best customers for our banks. We are not worried about your loan. We are only concerned that the amount of your loan is too small. Everyone's ability to earn money and credibility are obvious to all." Sandy did not. Worried in the slightest, but agreed happily and simply, complimenting at the right time.
After shaking hands to say goodbye, they got on the car each and left under the paparazzi's crazy flash. In the car, Andy hugged Ivana's waist, like a **** child, and buried her face in her face. Around the neck.
"Fuck again ..." Ivana felt the scent of her boyfriend, her eyes were slightly blurred, her long pink neck was raised like a white swan, and the beautiful voice murmured slightly.
Kenny saw the scene in the rear seat through the rearview mirror, reached out and pressed the switch, and the partition wall in the middle rose slowly. Glancing at Joseph on the first officer.
As soon as he got to work the next day, Alvitre came to the boss's office on the 58th floor with a paper bag.
The boss only arranged the work last night. The data collector of the think tank can only sort out the clothes from the corner of a nightclub and run back to the office to work overtime to sort out the materials the big boss needs.
"American AMC Cable TV, the full name of American Classic Movie Cable TV Station, was established in 1984. AMC was originally a pay TV station that specializes in classic and old movies from the 1950s. In 1987, AMC joined the basic cable TV camp.
As long as the viewer pays a certain fee to the cable TV system service provider, they can watch the AMC program without paying another fee. The reduction in fees has attracted a large number of viewers to subscribe to the channel. By 1989, there were more than 39 million subscribers in the United States.
At present, AMC is the basic cable network in cable TV stations. Although it is a cable channel, the charge is low and the program inserts advertisements.
Because AMC does not have its own movie resources, most of the films it shows come from some movie companies, such as Paramount Pictures, 20th Century Fox Pictures, and Universal Pictures, among which there are many restrictions and huge expenditures.
Because of its small strength, amc has only one brand of classic advertising-free movie support, and the complex industry environment of the American television and film industry, the development of amc faces huge challenges.
In 1998, AMC reformed and introduced advertisements on television, but at this time the advertisements have not interrupted the normal broadcast of television or movies.
In 2001, advertisements began to be inserted in the middle of movies, and advertisers asked AMC to play newer and more popular movies in order to attract the attention of young people. The introduction of these movies was relatively expensive. TV stations could only support it by introducing more advertisements. Its expenses.
At this time, AMC encountered a double crisis: first, the introduction of advertising interrupted the normal playback of the movie, causing dissatisfaction of the audience; second, it deviated from the "classic movie" channel positioning and began to broadcast some non-classic movies that cater to advertisers. "
Andy casually read the materials in his hand a few times, mainly listening to the brief introduction given to him by Arvitelli, and expressed his admiration for Al's memory ability. After all, it didn't take long for the data to be collected. It is so simple and concise that it can be summarized at the office time, which is very rare.
"What's the situation with this basic cable TV channel?" Andy really didn't understand this very well, so he asked.
"U.S. cable's main revenue includes three parts, namely subscription fees, advertising revenue and DVD sales. Cable TV channels are usually packaged together for home users to subscribe, and this subscription fee is divided between the cable operator and the cable channel.
As for how to divide ... After deducting the part of operation, the rest is not the average distribution of cable channels. The amount of distribution depends on the ratings of the TV stations. The higher the ratings, the more popular, and the higher the share. So every cable channel is desperately trying to improve the ratings. Simultaneously
Advertising revenue is a significant portion of revenue in addition to family subscription fees. "
Andy nodded and said to Arvitelli, who was holding a coffee cup and drinking coffee, "Do you think that Morris has a reasonable price for us? A market value of $ 2.2 billion?"
"It's basically reasonable. The net profit of amc TV station in the past few years has been between 70 million and 80 million. Since 2006, the self-made TV series have improved their income. However, the interior of AMC has undergone a high-level conversion and strategic adjustment. Charlie Collier took office at AMC, overturning all previous business strategies, causing AMC to have a short period of confusion, but its huge base of subscribers and the content base of TV stations are not too different from this price. The market value of $ 2 billion is no problem. "
"Well, as soon as possible to end the negotiations with Marvel, Citibank will complete our holding of AMC as our backing. This time, we may not be able to fully control the shares, but it is acceptable to become the largest shareholder." Although Andy did not know Later, what is the market value of AMC, but with the blessings of the three hot dramas "Ad Madman", "Desperate Poisoner" and "The Walking Dead", it will not lag behind the speechless hbo. At that time, he dared to shout that he had a market value of 20 billion, and even if AMC fell again, it would not be less than 5 billion. This is a good business that is stable and profitable. Besides, hbo can reach that height, largely relying on "power "The Game" this divine drama.
Keke, you know, Andy in Game of Thrones hasn't written it yet! (Even though you vomit, I am so shameless, why?)
"Okay, boss, Marvel ’s acquisition has been basically completed. The last negotiation, the boss, you need to attend and complete the signing and handover, and you need a press conference to celebrate the completion of the acquisition. Concerned acquisitions can also appease all employees of Marvel Entertainment Group in the first time. "Al suggested.
"Well! The first thing is done after the acquisition. Do you know how to do it?" Andy nodded, his mouth slightly tilted, with a playful smile, and stared at Al with deep eyes.
"We have drafted the contract and will give it to Kevin Page as soon as possible. If he accepts it, his interests will be protected. If he refuses, we will stop all his treatment, insurance and compensation."
"Very good, let him make a decision within 24 hours. After all, he has formulated and contacted the company's strategic plan, let him sign a confidentiality agreement, and find someone to look after him!" Andy said indifferently, without a trace Emotional eyes looked at Al.
"Understand!" Alwitt nodded solemnly.