Hollywood starts with an agent

Chapter 321 Who Gave Me the Courage?

With Sony and Philips proposing the Multimedia Disc Standard (MMCD), and Toshiba, Time Warner, Panasonic, and others proposing the Ultra High Density Disc Standard (SD).
Does the emergence of two DVD (Digital Video Disc) standards foreshadow a new round of competition?
Just like the videotape standard format war in the 1980s, it was a battle between Sony's Betamax videotape format and the victorious VHS videotape format.

As we all know, with companies like Panasonic switching to VHS tapes, Sony's Betamax was completely defeated!
The advent of videotapes had a huge impact on Hollywood, and the lucrative home entertainment market was coveted by everyone.
Now, the new generation of digital video discs represents the future, and manufacturers such as Sony, Philips, Panasonic, and Toshiba will not give up this piece of the pie.

Four Seasons Hotel Beverly Hills.

Aaron made a special trip to meet with Lawrence Tish, the chairman of the Los Corporation.

"Mr. Tish, I didn't expect you to ask me out!"

Aaron found it strange that Lawrence Tish had taken the initiative to meet with him.

Los Company originally started by operating a chain of cinemas, namely Los Cinemas, and later expanded into resort hotels and shopping malls.
Under the management of brothers Lawrence Tish and Preston Tish, Los Corporation is now the controlling shareholder of CBS Wireless!
Now, the major shareholder of the Los Cinemas chain is Columbia Pictures, so Lawrence Tish's visit must be because of his connection with CBS.

Lawrence Tish smiled. "Aaron, there's a place for you in Hollywood now."

"Isn't it normal for me to want to meet you?"

Aaron couldn't deny it, but isn't Disney currently trying to acquire CBS?
Shouldn't Lawrence Tish be dealing with Michael Eisner?
Aaron nodded. "I wonder, Mr. Tish, what brings you here?"

With the new communications law in effect, tiny Los Angeles can't possibly save CBS!

The Tish brothers' acquisition of CBS was completely unexpected; it was Ted Turner's TBS broadcasting network that actually wanted to acquire CBS.
However, TBS failed due to antitrust concerns and obstruction from Jewish interests. After all, Ted Turner already controlled CNN, and if he were to control another national television station, his power would be too great.

Currently, the United States has five major news networks, CNN, and four major wireless broadcasting networks – ABC, NBC, CBS, and FOX;

CNN is a cable news channel, and it currently has the highest viewership!

Lawrence Tish took a deep breath. "Disney contacted us, wanting to acquire CBS, but their attitude was arrogant, which I didn't like."

"As one of the three major wireless broadcasting networks, CBS has its own value; perhaps it's because we don't have many cable channels that we don't receive enough attention."

"However, none of that matters now. I'd like to ask Aaron, how interested are you in wireless broadcasting networks?"

Aaron blinked. "Which Hollywood film studio wouldn't be interested in a wireless broadcasting network?"

A national television station like this would certainly be of great interest; such publicity and distribution resources are highly valued by Hollywood film studios.

Lawrence Tish said earnestly, "Aaron, I want to merge CBS and Dawn through a stock swap."

"A 1:1 ratio, meaning that after the merger, Los Corporation will own half of the new company?"

Aaron raised an eyelid. "CBS's ratings are currently the lowest among the three major networks, right?"

"Even the new FOX is eyeing you covetously!"

Aaron was speechless. Are all Jews these days so good at business?

What kind of company is Dawn? It's the highest-grossing film group in Hollywood!

Lawrence Tish explained, "Aaron, the newly merged company will definitely prioritize you; no one will interfere." Aaron took a sip of his drink. "Mr. Tish, don't you know that Dawn is acquiring MCA?"

"I don't have the time or energy to think about TV stations right now."

Aaron is now starting to suspect that Lawrence Tish was brought in by Edgar Bronfman Jr.
A wireless broadcasting network is certainly worth Aaron's attention, but to directly offer half of its shares is truly audacious of him.

"Aaron, if Dawn has CBS's distribution and broadcasting capabilities, it will definitely be able to go even further."

"Right now, all the Hollywood media groups have designs on television stations!"

Lawrence Tish continued.

Aaron shook his head. "Dawn's most important task right now is to acquire MCA."

"If Los Corporation wants to sell CBS, Dawn is certainly interested; a cash-plus-stock deal would be the best option, I think."

"As for a 1:1 ratio, I think that's impossible!"

Lawrence Tish was still not giving up, saying, "You can own 51% of the new company then."

Aaron stood up, stretched, and burst out laughing. "It seems, Mr. Tish, you have absolutely no idea what Dawn represents in Hollywood?"

He then shook his head. "Other networks face similar predicaments to CBS, just not as severe."

"Perhaps becoming part of Disney would be more in the best interests of Los Angeles!"

There's no point in arguing when you don't see eye to eye. Aaron didn't know who gave Lawrence Tish the courage to boss Hollywood around.

Of the three major established terrestrial television networks, CBS is in the most precarious situation. Even NBC, owned by General Electric, is trying to improve its competitiveness, let alone CBS, owned by Los Angeles.
After Lawrence Tish left, Aaron pondered. Since the person who came to him had come, it seemed that the negotiations between Disney and Los Company were not going well.

After Disney failed to acquire NBC, it turned to CBS. Now that the acquisition of CBS has also run into problems, there is only one target left: Metropolitan/ABC Group!

That evening, Aaron and Sophie Marceau arrived at a private upscale club on Sunset Boulevard in Beverly Hills.

"There seem to be quite a few big shots from Hollywood around here?"

On the sofa in the private room on the second floor, Sophie Marceau leaned against Aaron's chest, a smile on her face.

"Mmm," Aaron kissed the woman, caressed her softness, and spoke, reminding her:

The Screen Actors Guild in Hollywood is preparing to create its own Screen Actors Guild Awards.

"The first edition will be held early next year, and these are all heavyweights from the Screen Actors Guild!"

The Directors Guild Awards in Hollywood have existed for a long time.
The Hollywood Producers Guild Awards were first held in 1990.

Now, the Producers Guild Awards and the Directors Guild Awards have become important indicators of the Oscars, and Hollywood's largest group – actors – is also creating its own guild awards!
"I see……"

(End of this chapter)