Chapter 728 Money Never Sleeps
In the banquet hall, Jim Prous of Twentieth Century Fox chatted with Michael Eisner for a few words, and found that the Disney tyrant was too choking, so he took the initiative to end the unpleasant contact and walked towards the side close to the terrace.
No wonder Disney people are rebelling, and they can't stand such a boss even if they are themselves.
Jim Prouss complained a few times, and his eyes suddenly fell on the focus of tonight.
There was another crowd around Ronan Anderson.
Among them are several familiar faces, Lloyd Blankfein of Wall Street, the COO and president of Goldman Sachs Group.
Howard Johnson, senior president of Morgan Stanley, and Merrill Lynch’s CEO…
These people gather together represent an extremely huge capital force.
They are chatting and laughing with Ronan Anderson.
Relativity Entertainment is about to receive support from the big capital group. Jim Proulos has also learned that Netflix Network is preparing for listing. Wall Street is generally optimistic about this Internet company. It is said that Wall Street's expectations for Netflix are far greater than Google, which will go public this year.
Successful listing means abundant funds, more solid partners, and broader platforms and development prospects.
Ronan Anderson shared his most anticipated Internet company with the Capital Group. At least for a long time, many people would support him.
Relativity Entertainment may use this wave to accelerate its development again.
It is even more difficult for Hollywood to stop him.
At least Twentieth Century Fox alone can't do it.
Jim Prous shook his head. The six major Hollywood companies have never been united. It is okay to suppress them tacitly, but it is impossible to unite against a certain company.
"If Netflix wants to continue to develop rapidly, going public is a must."
Ronan talked about this small circle center composed of Wall Street people: "Netflix also needs to develop with the help of your strength. We welcome every investment institution to invest in Netflix."
These people were nodding, and Ronan's attitude was what they liked.
Similarly, they like this person very much.
Netflix's development has proved Ronan Anderson's vision and decision-making ability. Investing in companies led by such people can give people a sense of reliability as investing in Microsoft.
These people have participated in more than one investment and are very clear about the importance of an excellent leader to the rapid development of the company.
Today, they appear here, and have shown their attitude - they are extremely interested in investing in Netflix on Nasdaq in the future.
Netflix Network is preparing to go public with the help of Goldman Sachs, and Nasdaq is very likely to welcome a star stock next year.
Ronan said again: "But you can't be in a hurry to go public. The more Netflix prepares, the greater the future development potential."
Lloyd Blankfein responded: "Ronan is very correct. What we expect is high returns and be patient to wait."
Howard Johnson of Morgan Stanley also said: "We will wait for the moment when Netflix goes public."
"I hope there will be surprises." Someone said.
Before a company goes public, it has a lot of preparations, and even the investors have already found it.
The cocktail party was very successful. Many people did not leave Los Angeles after the cocktail party. For example, major mobile phone manufacturers, including Netflix and Qualcomm, reached a lot of intentions at the Los Angeles joint meeting.
Some people on Wall Street went to the San Francisco Bay Area to visit and learn about Netflix’s business.
Netflix is not a company that sells concepts. It has a fast-growing business as support, especially the streaming media business has reached its final preparation stage and will be launched soon.
At the same time, with the help of Relativity Entertainment and Embassy Films, Netflix Network signed contracts with several overseas film companies including Red Bus Pictures in the UK, Europa Pictures in Luc Besson and Constantine Pictures in Germany before Christmas, and obtained Internet licenses related to film and television works.
Netflix's DVD rental and sales business completely surpassed the traditional leasing industry led by PepsiCo and became an important peripheral channel in Hollywood.
Today, DVD is the most important profit point in the film industry. The benefits that Netflix can generate, as a peripheral channel, have reached a point that no film company can ignore.
Even Twentieth Century Fox temporarily abandoned the contradiction with Relativity Entertainment and reached a film library license agreement with Netflix.
At this point, among the medium and large film companies in Hollywood, only Paramount Pictures, which belongs to the Viacom Group as PepsiCo, has not yet opened its film library to Netflix.
Netflix's speed of converging copyrights overseas has not slowed down. Although Netflix will definitely not be able to enter many markets, such as the other side of the Pacific, Netflix will inevitably take the path of internationalization.
At least, the Western market is open to Netflix.
Ronan has never expected Netflix to enter the market across the Pacific. Not to mention anything else, the piracy problem is difficult to solve.
Once upon a time, he could also be said to be the direct beneficiary of the proliferation of piracy.
How many people are staring at the high-definition version on the Internet, and various download tools are emerging one after another, and some even play themselves in prison.
Besides, there will be regional protection strategies everywhere, and Ronan has never expected Netflix to share it to enter all markets around the world.
The licensing fee for overseas movies is very low and there are no industry regulations like Hollywood. Netflix has successively reached licensing agreements with many overseas companies. On the occasion of Christmas, Netflix Network already has Internet-related copyrights for nearly 100,000 films and TV series.
This is a very large film library that can provide sufficient work support for the upcoming streaming business.
At the same time, Netflix achieved 14 million paid users and rented and sold 500 million DVD discs.
This series of data has attracted much attention from Netflix.com.
In addition to Netflix's sharing of various powerful news in the black movement, Netflix is already a veritable star company in Silicon Valley.
The limelight even overshadowed Google, which just launched this year.
Lehman Brothers quietly contacted Ronan again and expressed their willingness to invest in Netflix, but not after Netflix went public on Nasdaq, but now.
They provided a quote that seemed impossible to be rejected.
The single share price was $80 and acquired 10% of Netflix's shares for $1.6 billion.
In other words, Lehman Brothers' valuation of Netflix reached US$16 billion!
Can this offer make many people confused? Google went public in August this year, with a single share issue price of US$85 and a total market value of US$23 billion.
Listing is both finance and mathematics, but also a magic trick. There are many listing magic tricks that have been favored and messed up in the past.
Judging from the launch of Google, Lehman Brothers once again provided a pretty good offer for Netflix.
But Netflix is not the Netflix we used to be.
After Relativity Entertainment took over Netflix, Ronan provided not only development ideas and future decisions, but also relatively abundant funds. Based on the original DVD rental and sales business, Netflix also developed two major businesses: video and social, acquired Android, and is actively building a smartphone alliance. The streaming media business will also be listed in the future.
Not to mention the future of Lehman Brothers, from Wall Street's attitude towards Netflix Network, it is not difficult for people like Ronan to analyze that Netflix Network's future listing will at least not be worse than Google.
Therefore, Ronan once again refused the Lehman brothers' hand of friendship without hesitation.
Soon, rumors began to circulate that some companies on Wall Street would snipe Netflix's listing plan.
But Netflix is not fighting independently, so Goldman Sachs quickly stood up to stabilize the situation.
Lloyd Blankfein directly pointed out at the Goldman Sachs board of directors that Goldman Sachs' efforts may receive more than ten times the return in the future when it comes to Netflix's listing and financing!
The development data of Netflix Network he provided in the past two years quickly convinced Goldman Sachs Group.
As long as it is profitable, Goldman Sachs doesn't mind standing with the devil.
Wall Street, money never sleeps.
The talks between Mark Randolph and Qualcomm and several major mobile phone manufacturers were temporarily concluded after reaching several preliminary intentions.
A Netflix network that is not strong enough, let alone dominate this alliance, it is very difficult to even promote the establishment of the alliance.
The business alliance can only be discussed step by step, and the key is that it is Nefif Network itself.
Compared to Netflix, PepsiCo has been in a difficult position.
Once upon a time, 70% of Americans could find a Pepsi chain store within a 10-minute drive. At its peak, Pepsi had more than 8,000 physical stores across the United States, which can be said to have achieved its ultimate goal.
Over the past two years, PepsiCo has been cutting off its branches that are in trouble in performance, and currently only more than 5,000 stores in the United States are left.
In addition, Viacom's acquisition of PepsiCo is more due to capital operations. He is not particularly concerned about PepsiCo. He draws a large amount of cash flow from PepsiCo every year. Now that PepsiCo is in trouble, Viacom's support is far from enough.
Sam Redstone directly abolished Pepsil CEO and replaced a new helmist who better understands the Internet industry, preparing to transform Pepsil into the Internet leasing industry.
A huge aircraft carrier is still the kind with loopholes everywhere, and it is not an ordinary difficulty to complete a turnaround in an extremely short period of time.
Netflix has already lost other companies in DVD's Internet rental and sales business.
With Christmas approaching, Ronan held a Christmas party at home, inviting friends who were not in Los Angeles and were single.
Somewhat surprisingly, the old fox Angela Lindelwald also came after hearing about it.
"May not be able to meet it in the future."
After the party, Angela Lindelwald said to Ronan: "Just leave a souvenir for the last time."
Of course, Ronan would not drive people out impolitely, and he would definitely meet the needs of the guests.
Angela Lindelwald went upstairs to take a shower first, leaving Ronan to see off the other guests.
Chapter completed!