Renren Film and Television suddenly announced its entry into DVD rental business, which was a shock. It was a huge shock for Netflix and Blockbuster. I wonder why Renren Film and Television, which has always threatened to develop a new trend in film and television, suddenly began to enter DVD rental business again.

Renren Film and Television's sudden actions completely disrupted the deployment of Netflix and Blockbuster. Faced with Renren Film and Television, which burned the war to the doorstep of his home, Reed Hastings wanted Netflix to make changes and had to maintain Netflix's foundation in DVD rental business, otherwise Netflix would be a castle in the air.

Not to mention making changes, it is a difficult problem to continue to maintain it. All Netflix's actions have begun to be in the direction of guarding against Renren Film and Television for a while. As for the business of online video playback, it can only be put down.

The most unlucky one is Blockbuster, the former overlord of the film and television company, once a company in the global film and television industry, was forced to be in chaos by a small company that had just been established for a few months.

On the day Renren Film and Television announced its entry into DVD leasing business, Blockbuster's stock price fell again. Blockbuster's investors were like frightened birds, almost vulnerable. The executive of Blockbuster's force had to hold a press conference to announce that Blockbuster's business would not be affected by Renren Film and Television.

This is familiar. I still remember that when Netflix was first established, when it had 120,000 subscribers, Blockbuster, which had over 200 million registered users around the world, also announced in a disdainful tone when evaluating Netflix that Netflix would not affect Pepsiq's business and revenue!

As a result, in just a few years, PepsiCo lost half of its territory, and its businesses in Europe and North America were extremely bleak. Now that he heard the same words from Blockbuster, investors didn’t buy it at all. Almost as soon as the press conference ended, he sold Blockbuster’s shares, represented by institutions and venture capital, so that Blockbuster’s market value surpassed Disney’s existence from its peak. Now it has reached less than 500 million US dollars. It seems that the media empire in the past is already shaking.

Renren Film and Television announced its entry into DVD rental business, which was a killing kill. It not only seriously disrupted the deployment of Netflix and Blockbuster, but also allowed Hollywood Film and Television companies to see Renren Film and Television's sincerity.

Being willing to engage in DVD rental business shows that Renren Film and Television still attaches great importance to Hollywood companies, and does not simply want to compete with Hollywood companies. For a time, Hollywood's concept of Renren Film and Television has greatly improved.

On the Yanjing side, Chen Chu also met several people who followed Robert Jinsuo to Yanjing. Those who followed Robert Jinsuo were all people with deep eyes and hook noses.

"Boss, let me introduce you to me. This is Mr. Gamal Aziz, executive vice president of MGM, and this is Matt Moo, head of showtime TV..."

Robert Kingsso introduced several people in front of Chen Chu, all of whom are giants in the Hollywood film and television industry. In addition to Gamal Aziz and Matt Moo, he also includes Hess, the president of Starz pay TV station.

"Welcome to Yanjing. I think you will never be disappointed this time!" Chen Chu said to everyone.

In the conference room of Chuke Technology, in order to cooperate with a few people, Chen Chu made people go to coffee and was not very interested in coffee. However, there are many people who like it within Chuke Technology, including all kinds of flavors.

After looking at everyone, Chen Chu, Du Jianzhao, and Wu Xingdao looked at each other, Chen Chu said to the few people, "Everyone comes to Yanjing this time, I won't say much. I hope Renren Film and Television can reach a cooperation with you this time!"

Chen Chu was quite regretful that H Bo did not come this time, and Chen Chu still wanted to meet H Bo's legendary person.

However, H Bo is still discussing its cooperation with Renren Film and Television. H Bo said that he could start cooperation with Renren Film and Television in limited quantities and leave several TV series to the operation of Renren Film and Television to see how the effect is. As for major productions such as "Brothers", H Bo is still confused at the moment.

Not only H waves, but more film and television companies, it remains to be seen whether Renren Film and Television can make profits or its ability to prevent piracy.

"Of course we also hope to reach a cooperation with Renren Film and Television!" Sitting behind Gamal Aziz and Matt Moo, Hess, the president of Starz Pay TV, was quite enthusiastic about the cooperation proposed by Renren Film and Television this time, and was also one of the first companies to respond to Renren Film and Television.

This is also because Starz TV is the weakest compared to pay TV stations such as Hbo. Although Hbo has not yet expanded to more than 90% of the users of American pay TV stations, it has reached more than 60%.

In comparison, Starz Pay TV has only influenced the users of some back states in North America. After Renren Film and Television proposed to invest and co-produce a large-scale TV series, Starz Pay TV was of course actively responding.

Matt Moo, the president of showtime TV, is not as optimistic as Hess. H-Po’s threat to them is getting bigger and bigger. What Matt Moo urgently needs is someone who can break this threat.

"What should Renren Film and Television do? If we cooperate with Renren Film and Television and open the copyright library to Renren Film and Television, what can we achieve in the future?!" Matt Moo looked at Chen Chu and asked directly.

Rotes Kingsso, the head of Renren Film and Television, can also answer these questions, but Matt Moo and others need to meet Chen Chu before they can feel relieved.

Chen Chu turned the coffee in his hand twice, "In both aspects, Renren Film and Television purchased from film and television companies and TV stations and rented film and television copyrights. We are willing to pay a deposit in one lump sum. This deposit is to prevent the film from being pirated and leaked!"

"In addition to the acquisition fee, we are willing to pay the film company no less than 10 million US dollars every year. In addition, we will return 10% of the cost of users' rental videos to the film company. New films that are released for no more than one year will be more than 25% of the refund fee!"

When Chen Chu heard what it said, whether it was Matt Moo, Hess, or the silent Gamal Aziz, they all showed joy on their faces. If the proportion of the new film of Renren Film and Television can be returned to them at 25%, that is, one-quarter, then this proportion will be quite sincere.

You should know that when shooting a film, it is usually released in the cinema, and the film company's share is only about 10%, and the same is true for distributing DVDs. The share ratio of Renren Film and Television has far exceeded that of cinemas and DVDs. To put it bluntly, Renren Film and Television is just to earn a platform fee, and it is also to let the film company put the new film on the Renren Film and Television platform as soon as possible!

"In addition to paying copyright fees and sharing of films, Renren Film and Television will have huge TV series and film production projects in the future, including projects worth more than 100 million US dollars. Renren Film and Television's shooting plans have exceeded five, and they will be completed in the next three years!"

Chen Chu's words made Hess and Matt Moo unable to help but take a breath. They had only seen this kind of destruction on the H wave in the past, but now Renren Film and Television has made them feel it again.

"In order to express sincerity, Renren Film and Television will launch two projects this year. We want to prepare for a medieval TV series "Rome" with Showtime TV! We will jointly produce a crime TV series "Breaking Bad" with Starz TV!"

showtime is famous for producing large-scale TV series with a sharp edge, and "Rome" definitely fits their style.

When Matt Moo and Hess heard that Chen Chu was preparing to invest and co-produce these two TV series with them, Matt Moo and Hess took a deep breath. The suggestion did not seem to have any losses, and the main cost expenditure was provided by Renren Film and Television.

"If the shooting is smooth and the project can be completed smoothly, after the project is completed, Renren Film and Television will have multiple shooting plans. Renren Film and Television will authorize the video to z to play at an appropriate price!" Chen Chu said to the two.

Later Netflix filmed so many high-cost productions. In addition to relying on members to pay for the cost, the biggest reliance was distribution. After the shooting was made, the fee was authorized to other media, TV stations or video companies to show. Otherwise, how could Netflix recover the cost at such a large cost?

Chen Chu's proposal is already quite conscientious. You should know that the "brothers" filmed by H Bo is not willing to show it to them even if it pays for showtime.

"Trade!" Matt Moo stretched out his hand to Chen Chu and said. The conditions given by Chen Chu were already quite good. If you continue to struggle, Renren Film and Television would not be able to give a higher price.

After Matt Moo and Hes got up, Chen Chu gave a wink at Du Jianzhao. Du Jianzhao immediately stood up and sent the two out, and then took the opportunity to stay Hess. There was something important to discuss between Chen Chu and Hess!

When Matt Moo and Hess left, MGM's executive vice president Gamal Aziz remained in the conference room.

"President Gamal Aziz, I'm really happy to be able to come to Yanjing. You must stay in Yanjing for a while. We all grew up watching MGM movies!" Chen Chu said nonsense to Gamal Aziz.

Fortunately, Gamal Aziz was not bored yet and asked Chen Chu what MGM movies he had seen, otherwise the negotiation would definitely not be able to continue today.

"I am also very honored. I didn't expect to come to Yanjing. This ancient mysterious country in the East has always attracted me!" Gamer Aziz also praised Chen Chu, "It is also an honor for MGM to be able to cooperate with a technological darling like Chuke Technology!"

Even the casino king has cooperated with companies like Chuke Technology. For MGM, there is no burden at all. Brand, Face, etc. MGM had already lost everything twenty years ago.
Chapter completed!