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Chapter 1403 Digging a Pit

Renren Film and Television has demonstrated its powerful self-produced drama ability, which has attracted the attention of the entire Hollywood. Compared with the old film and television companies, although Renren Film and Television's reputation is still inferior, its potential is extremely huge.

In addition, with the help of the boundless characteristics of the Internet, Renren Film and Television is different from traditional TV media. When users in one area develop to a certain scale, they will fall into a bottleneck and have to seek other profit growth points or increase service costs.

Renren Film and Television is different. The current user scale is still expanding wildly. In theory, as long as users who watch audio and videos on the Internet are potential users of Renren Film and Television.

This will make Renren Film and Television expand its scale wildly. Currently, Renren Film and Television has become the world's largest online film and television platform, and has become the mainstream online film and television platform in more than 40 countries around the world. At present, the membership of Renren Film and Television has expanded to 27 million. This number has surpassed any other old TV media and officially became the world's largest streaming media giant.

This makes Lagardean media naturally want to take advantage of Renren Film and Television, because Renren Film and Television is developing too fast. Now, even in the African region with the weakest Internet development, large-scale Renren Film and Television users have begun to appear in cities such as Johnsnet, Tunisia, and Abuja. A network cable, a computer, and a Renren Film and Television account have even become a must-have for countless people.

Hearing Arnold Lagardale's words, Chen Chu nodded, "Of course, Lagardale Group is the best partner of Chuke's technology, and Renren Film and Television will also cooperate with Lagardale media!"

Renren Film and Television now looks huge and is the leader in online media in the Internet. No matter what major Hollywood film and television giants are secretly formed, or Yahoo Video, Amazon Video, Amazon Video, or Netflix, which has begun to transform at the end of last year and is developing extremely rapidly, it has little impact on Renren Film and Television.

The most important thing is the cost issue. Renren Film and Television's current self-produced dramas are too expensive, but they have to insist on it. In addition, purchasing film and television dramas from other film and television companies also accounts for a lot of cost.

Coupled with the production of live-action movies, Renren Film and Television is basically in debt and looks glamorous, but in fact it is basically a mess. It is actually difficult to satisfy Renren Film and Television by relying solely on member fees. However, as long as the member user scale can reach a certain scale, it can also achieve profitability. However, this scale must be at least 40 million users, and it must be long-term paid users!

In addition to membership fees and advertising fees, Renren Film and Television is currently developing a distribution system, that is, selling the copyrights in the film and television to other TV stations, media, etc. again to obtain more profits. The same is true for cooperation with Lagardele Media, constantly selling copyrights and then recovering funds. Renren Film and Television is changing from a simple film and television acquisition model to a film and television distribution platform.

After talking to Arnold Lagardale for a while, after drinking a glass of wine, the two of them got to the point. Arnold Lagardale looked at Chen Chu and said, "Chan, before I came, I heard some bad news!"

This time, Chen Chu hurriedly called him to Yanjing. Although the nominal banner was for Chuke Technology and the next cooperation between the Lagardele Group, Arnold Lagardele felt that it was probably much more than that.

Looking at Arnold Lagardale, Chen Chu laughed and asked Arnold Lagardale, "What if the news is true?"

Arnold Lagardele was stunned for a moment, then shook his head and felt a headache. He was a company in France, and he and Bernard Arnold were old acquaintances. Arnold Lagardele also knew Bernard's strength and character. He would not be a person who would let it go.

Although he is unwilling to admit it, Arnold Lagardele still has to say that although Lagardele Group is extremely strong in France, it is the most glorious company and family in France and even Europe in the past twenty years, but it is still inferior to Bernard and LVMH Group.

"LVMH Group is not that easy to deal with!" Arnold Lagardale looked at Chen Chu carefully. It is true that Bernard has a strong personality, but Arnold Lagardale, who has been in contact with Chen Chu, also knows that Chen Chu's personality is definitely not to show weakness. When Chu Ke Technology was just established, he dared to fight against those technology giants head-on, but now he has to bow to the LVMH Group. Arnold Lagardale knows that it is impossible as long as he thinks about it.

However, if Chuke Technology starts to compete with LVMH Group, the most uncomfortable thing is probably the Lagardere Group, which is sandwiched in the middle, which is a bit embarrassing no matter where you help.

If you help LVMH Group, then Lagardere and Chuke Technology will have comprehensive cooperation and the transformation and new industries that you have worked hard to manage will basically be destroyed in one go. But if you help Chuke Technology, are both French companies, Lagardere Group may have to be a name that is stingy.

Chen Chu did not refute Arnold's words. If LVMH Group and Bernard were easy to deal with, Chen Chu would not have to prepare for so long now and had already started to fight back. It was not the turn of LVMH Group to make a big fuss.

"This is also the reason why I asked President Arnold to come to Yanjing. Chuke Technology and Lagardeer Group are the best partners. I will definitely not stand by this time!" Chen Chu said with a smile.

The smile on Arnold Lagardale's face stiffened. He now understood why Chen Chu repeatedly emphasized this point just now, and agreed to all the conditions he proposed. It turned out that he was waiting for him here. Arnold Lagardale felt like he was having a hard time.

"President Arnold, I think you also understand the style of Chuko Technology. Chuko Technology is willing to accept favorable cooperation from any company, but this does not include any threat!" Chen Chu looked at Arnold Lagardale and said slowly.

"I hope this time, the Lagardere Group can stand with Chuko Technology. This is not only a matter of Chuko Technology, but also an opportunity for the Lagardere Group. There is no French law that stipulates that the richest man in Europe must be Bernard Arnault. Why can't it be Arnold Lagardere?"

Sitting aside, knowledgeable and experienced many things, Arnold Lagardale originally thought that he was already calm and nothing could make him moved, but now listening to Chen Chu's words, Arnold Lagardale's heartbeat couldn't help but speed up a little.

In recent years, Arnold Lagardele has been working hard for the Lagardele Group. What is the purpose of this? He has long realized his financial freedom. Even if he is a loser, the things left by old Lagardele are enough for him to lose for the rest of his life.

What Arnold Lagardale wanted was to change his views on him. When he mentioned him, he would talk about him not only being Lagardale Jr., but just like Bernard Arnold. Although the older generation left him with rich family background, in his hands, those families had expanded more than ten times. When talking about Lagardale Group, the first thing he thought of was him, not the existence that had been away for many years but was still a symbol of Lagardale Group!

Seeing Arnold Lagardale and poured a large glass of wine and drank it in one sip, Chen Chu felt that this bowl of poisonous chicken soup was working.

The reason why I brought up the Lagardean Group this time is because to deal with the LVMH Group, local tyrants must be helped, otherwise this competition will be an asymmetric war.

"Chuke Technology will cooperate comprehensively with Lagardele Group, and in the future, more industries will cooperate with Lagardele Group!"

If you want the horse to run fast, you must at least feed it. Although poisonous chicken soup works, you have to take out real money and silver.

"This time, not only will Chuke Technology start to compete with LVMH Group, but Hermes will also join. If Lagardele Group is added, we will have an absolute advantage. Of course, North American Trust Investment Bank, KPCB Venture Capital, Sequoia Investment and other institutions will also join. The funds will be borne by Chuke Technology!"

Chen Chu drew a big pie for Arno Lagardele, which looked like Chuke's technology was entangled with the 18 princes to attack the LVMH Group. It seemed that it was just a matter of just getting what they wanted to win.

"If the plan is completed smoothly, in addition to obtaining some profits, it is expected that LVMH Group will also be able to give up some brands and LVMH will also reach a partial agreement, such as putting LVMH Group's luxury goods into the duty-free shop in Lagardale!"

Chen Chu's words made Arnold Lagardele unable to help but move his throat. He felt that Chen Chu was going to make trouble. This time, LVMH Group might have to bleed a lot. If LVMH Group can pay such a big price, Arnold Lagardele couldn't think of any other way, and only one move, which was also the trick that LVMH Group was best at, and it was a malicious acquisition!

Of course, it is not really necessary to swallow the LVMH Group, but to get a part of the equity of the LVMH Group, it is enough to disgust Bernard. If Bernard does not want to lose control of the LVMH Group, he must choose to compromise and even give up a large part of the benefits.

However, in this way, it is estimated that the wolf in the luxury industry will be completely offended. Arnold Lagardale thought for a moment and then made up his mind that as long as he stands with Chuke Technology, he will offend the LVMH Group. There is no difference whether he will offend death or not.

"I have said that when Chuko Technology is the best partner of Lagardale Group, Lagardale Group will stand with Chuko Technology at any time!"

Arnold Lagardele stood up and stretched out his hand to Chen Chu and said, "I haven't stayed in Yanjing for a long time. He will also return to Paris today to avoid attracting attention from the outside world.

When leaving, Arnold Lagardale still said to Chen Chu, "Chen, I hope to see you in Europe next time, Adele is also looking forward to it!"

"Sure!" Chen Chu said helplessly. He felt that Arnold Lagardale had not given up yet and had to take advantage of his brother-in-law before he could stop.
Chapter completed!
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