Heads Up Hollywood

Chapter 732 Fox

"cbs?" Tang En shook his head, a little speechless, "I want to buy it, but is Lei Shidong willing to sell it?"

Now, the market value of the entire Viacom Group is less than 30 billion US dollars, which includes three major business segments: Viacom, Paramount, and CBS.

Based on current market estimates, the price of CBS is 15 billion US dollars.

However, Viacom bought CBS five years ago and paid an astonishing price of 37 billion U.S. dollars!

Even if Lei Shidong's brain is flooded, it is impossible to sell cbs at this time.

A skinny camel is bigger than a horse!

Even with such a sexual assault scandal, CBS still has a market share of 26%, higher than NBC's 25%.

The market valuation of nbc can reach 28 billion US dollars.

So what should be the true value of cbs?

At the end of last year, Comcast was interested in buying CBS, but Redstone rejected it bluntly, and even scolded Roberts and his son.

The next best thing is that Comcast launched the acquisition of nbc.

Jeff Zucker still didn't give up, and said: "As long as our price is in place, we will definitely be able to impress Redstone!"

"Forget it, don't be in a hurry, let them go."

Tang En waved his hand and refused decisively.

The current valuation of New Universal is about 60 billion U.S. dollars, which is higher than Disney, because the performance growth is so good, and there are businesses with such potential as Dolby Laboratories, Blizzard, Netflix, Pixar, imax, and Starz TV.

However, the cash flow is poor!

Comcast's acquisition of 49% of NBC's shares requires at least 10% of Comcast's shares in exchange, as well as paying a large amount of cash and assuming a large amount of debt.

For Comcast, that's fine.

Because of the growth potential of Comcast, it is no different from NBC.

However, New Universal is different!

Exchange the shares of New Global for the shares of NBC or CBS, isn't this crazy?

Will New Global's growth potential be worse than that of Apple?

Therefore, in the past few years, the acquisitions of New Universal were mainly cash acquisitions, and only part of the equity transactions were taken out when acquiring Pixar and Dolby Laboratories.

This is also the fundamental reason why Twain has not yet carried out mergers and acquisitions of heavy assets worth tens of billions of dollars such as NBC or CBS.

What a loss!

Let's wait a few years until the valuation of New Global increases further!

"We don't bid for nbc, cbs...they don't sell it, could it be..." Robert Iger was thoughtful, his eyes showing a bit of surprise.

Jeff Zucker also came to his senses, and looked at Tang En in surprise: "Could it be the Fox TV network?"

There are three major TV stations in the United States, nbc, cbs and abc.

However, then there was a god-man - Barry Diller.

He single-handedly broke the oligopoly of the public TV industry and created the fourth largest TV network in the United States-fox!

Now, the market share of abc is about 33%, that of cbs is about 26%, that of nbc is about 25%, and that of fox is about 14%.

In the more than ten years since the Fox TV network was born, its market share has been hovering between 10% and 15%. It has not caused a real market impact on the three major TV networks, but it has indeed grabbed a living space.

It belongs to the embarrassing situation of being insufficient compared to the top and having more than the bottom.

Of course, this is an oligopolistic industry. The public TV stations that are worse than Fox are the local charity stations in various states. The combined ratings of all stations will not exceed 2%, which can be ignored.

Tang En said with a smile: "The Fox TV network in the hands of Twentieth Century Fox is really a bit... reckless. With the current TV structure, it is almost impossible for Fox to have the opportunity to surpass the three major TV stations."

Robert Iger squinted his eyes, suddenly realized, and said, "Yes, for New Universal, whether it's NBC or Fox, what's the real difference?"

What is the core of a TV station?

It is content!

Only high-quality TV programs are the key to this kind of free TV station grabbing market share!

Three years ago, ABC's market share was as low as 25%, comparable to that of NBC, but CBS's share was as high as 35%!

But now?

The situation is changing, abc is the leader in the market, and cbs has been reduced to the same level as nbc! Even, as the sexual assault scandal continues to ferment and Comcast's efforts in the wireless TV market, NBC is likely to overtake CBS!

What is the reason?

Because abc got the trump card variety show "American Idol" and many other TV shows from New Universal.

It is the content of New Universal, which helped abc become the largest TV station in the United States at present!

Otherwise, it would be impossible for Disney to follow New Universal wholeheartedly.

New Universal can transform abc, and of course it can also lift the fourth-ranked fox to the sky!

Jeff Zucker said excitedly: "Fox TV station? Good, good! Facing difficulties is the DNA of New Universal. If we can build Fox into the largest TV station in the United States, we will be even more proud!"

Robert Iger said with a smile: "Yes, Diller worked hard to create the Fox TV network. In the end, he was kicked out by Murdoch. If he knew the news, he would be very happy."

Make Barry Diller happy, it's really just a vassal.

Tang En shook his head and said seriously: "The main purpose is Marvel!"

"Marvel?"

"Film and TV are two complementary core businesses of 20th Century Fox, and it is impossible to split them up. News Corporation does not allow this. If this is the case, we can only buy 20th Century Fox as a package!"

Robert Iger and Jeff Zucker blinked and understood Tang En's meaning.

This is to eat a fat man in one bite!

In terms of market capitalization, Twentieth Century Fox is about the same as NBC.

However, 20th Century Fox owns not only Fox Television Network, but also Fox Films.

The richer content industry will be more helpful to New Global!

Take a look at the assets under NBC, there is a publishing department, 12 newspapers, and a radio department... These junk assets are all cumbersome.

In comparison, Twentieth Century Fox is a bargain.

More important reason - Marvel!

With the launch of "Spider-Man", Marvel's superhero movies have officially entered the mainstream American movie vision.

At present, three directions have been initially formed: the "Avengers" series, the "X-Men" series, and the dark Marvel series that focuses on the dark epic genre.

Among them, the copyright of the "X-Men" series belongs to Twentieth Century Fox.

What a wonderful thing it would be if "X-Men" could be brought home and the entire Marvel superheroes could live in the same universe?

For countless Marvel fans, this will bring tears of excitement, right?

Taking advantage of the cosmic structure of the "X-Men" series has not yet formed, decisively eat 20th Century Fox.

It will allow Marvel Pictures to complete the real unification!

The acquisition of Twentieth Century Fox can kill two birds with one stone, killing two birds with one stone!

"But... will Murdoch sell 20th Century Fox?"

After a brief surprise, Robert Iger asked a slightly cold question.

Now 20th Century Fox is thriving!

News Corporation is also in full swing!

AOL Time Warner is the media company with the highest market value in the world. With the help of New Universal, Disney's market value has also approached 50 billion US dollars.

However, News Corporation, because of the acquisition of DirectV, has been favored by investors, and its stock price has soared, and its market value has reached 66 billion U.S. dollars!

It is higher than the valuation of New Global.

Under such circumstances, is it possible for New Global to snatch food from News Corporation?

Tang En said lightly: "Don't worry, Rupert...he will sell it."

Robert Iger was stunned for a moment, with a shocked expression on his face, and said eagerly: "Tang En, don't be fooled, we have enough troubles, don't involve more people! No, I have to talk to Barry !"

Now, Tang En has provoked two media tycoons, Lei Shidong and Ted Turner. Although he has the upper hand, he has not firmly grasped the advantage.

It is not appropriate to cause trouble again!

At this time, Redstone is about to kneel, and Ted Turner is crying. If Murdoch is brought in, the three old guys join forces, even if New Universal has Disney as an ally, it will not be able to hold back!

"Okay, okay, am I such a reckless person?" Tang En stared angrily.

Robert Iger showed hesitation: "You..."

Tang En said angrily: "The current market value of 20th Century Fox is close to 30 billion U.S. dollars. Even if we want to buy it, we won't be able to afford it! Let's talk about it in a few years!"

Robert Iger breathed a sigh of relief and nodded again and again: "Yes, yes, yes, it will not be too late to attack Murdoch after Redstone and Ted Turner have subsided."

Tang En gritted his teeth angrily: "Who said that we must fight against Murdoch? Can't we do normal business dealings?"

"haha."

Robert Iger pouted, not believing it at all.

Isn't Tang En's growth all the way the result of struggle all the way?

First, he fought with Fox Films, which laid the foundation of Twain Films in Hollywood; and then fought with Disney, which established Twain's position in Hollywood.

Next, is the giant Viacom Group!

Now, even Time Warner's Ted Turner is getting involved.

This is the fighter!

"Okay, let's all go back to work. Comcast's acquisition of NBC has nothing to do with us. Let them make trouble. When the time is right in a few years, it's time for us to invade the public TV field!"

Tang En waved his hand and looked at his watch.

It is already nine o'clock in the morning.

According to the agreement, the French beauty Eva Green, whom he has coveted for a long time, is coming soon, right?

Because of the fame of "Dream of Paris", Eva Green was favored by Hollywood and got the opportunity to star in the historical masterpiece "Kingdom of Heaven".

The film's director is old acquaintance, good old Ridley Scott.

Tang En made a phone call and invited Eva Green to the office without any means.

However, it was the first time the two met. In order to adjust the atmosphere, Tang En invited Marion Cotillard over.

They are all French actors, so it is easy to communicate.

As for whether it will be the first time they meet, they will be able to enjoy the beauty and overthrow Eva.

There is no doubt.

At this moment, Tang En looked at the time repeatedly, feeling impatient. (https:)

Please remember the first domain name of this book: . :

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