American Fortune Life

Chapter 503 AMC Cable TV

Dinner was very enjoyable, not just for food, but through communication, there was an implicit agreement that the circle was sometimes formed, and Andy's age and qualifications were naturally sufficient for a few Warren Buffett.

When several people walked out of the restaurant, five cars parked on the side of the road, several bodyguards had blocked some of the puppies tracking Andy and Ivana from the perimeter and saw several people coming out, especially some big people, one by one like beating chicken blood, ignoring the bodyguard's push, holding the camera was a beating.

“Sorry, guys, these puppies are following me and Ivana... ”

When he heard Andillo say sorry, Warren Buffett couldn't help but smile: “I've already had two entertainment stories because of you. Ha ha, looks like tomorrow we're all going to be on the headlines together. ”

“Oh, nice idea, come on, we should work with a POSE... ”

People heard Citibank's Sandy twitching, really compared to a V-shaped gesture selling adorable action, making everyone shook their heads laughing, Ivana was held by Andy with her slender waist limbs, and she was made to shudder, shudder, really tremble.

“Well, gentlemen, I'm really tired. I can't compare to your JING power. I'm going one step ahead. Andy, the stock thing, if you decide, contact me as soon as possible. I'll find some time to help you arrange an appointment with everyone who wants to talk to you.” After all, Maurice is old enough to play a game of golf and spend more time relaxing, but he can't keep up the boom.

“Okay, thank you, Mr. Morris, but since Sandy's been trying to help, if I refuse to be nice, I can't say, Sandy, you know, I'm going to use high leverage. Is your flag okay?” Andy and Maurice shook hands and once again thanked each other for turning to Sandywell with a hint of poignant glance.

“Absolutely no problem! You are now the best customer for our banks, we are not worried about your loans, we are worried about the small amount of your loans, your ability to make money and your credibility are well known.” Sandy wasn't worried at all, but rather happily simply promised not to lose the moment to compliment.

Several people shook their hands and each got in the car and left under the crazy flash of the paparazzi, where Andy held Ivana's waist, like a cheating child, and buried her whole face in her pink neck.

“Again cheating...” Ivana felt the smell of her boyfriend, her eyes slightly distracted, raised her long pink neck like a white swan, and her beautiful voice murmured slightly.

Kenny saw the scene on the back seat through the mirror and reached out and pressed the switch, and the partition baffle in the middle slowly rose. And Joseph on the co-pilot smiled.

The next day, as soon as he came to work, Alvitelli came to the office of the owner on the 58th floor with a document bag.

The boss only arranged the work last night, and the think tank informant could only sort out clothes from the corner of a nightclub and run back to the office to sort out the materials needed by the big boss.

“AMC Cable, known as Classic American Film Cable, was founded in 1984 as a pay-per-view television station dedicated to classic old films from the 1950s. In 1987, AMC joined the basic cable television camp.

Audiences can view AMC's programs without having to pay a fee to a cable TV system provider. By 1989, more than 39 million subscribers in the United States had been in the mainland as a result of lower fees that had attracted a large audience to order the channel.

Currently, AMC is the basic cable network on cable TV, although it has cable channels, but at a lower cost and with advertising on the air.

As AMC does not have its own film resources, it shows more films from a number of film companies, such as Paramount, 20th Century Fox and Universal Films, which have many limitations and huge expenses.

The development of AMC faces enormous challenges due to its small strength, supported by only one brand that plays classic movies without advertising, and the complex industry environment of American television and cinema.

In 1998, AMC reformed to introduce advertising into television, but at that time advertising had not interrupted the normal broadcasting of television or film.

In 2001, advertising began to run in the middle of films, and advertisers, in order to attract the attention of young people, asked AMC to broadcast newer and more popular films, which were relatively expensive to introduce, and television stations could only support their expenses by introducing more advertisements.

At this time, AMC faced a dual crisis: first, the introduction of advertisements interrupted normal movie playback, causing dissatisfaction among viewers; and second, deviating from the channel targeting of "classic movies", it began to broadcast non-classic films catering to advertisers. ”

Andy went through a few of the materials in his hand, mainly listening to the brief introduction given to him by Alvette, and also expressing his admiration for Al's memory ability. After all, it didn't take long for the data to be collected. When Al got it, the time he sent it to the office was so brief and difficult to outline.

“What is the situation with this basic cable channel?” Andy doesn't really know much about it, so ask if you don't.

“The main revenue earned by Cable USA consists of three components, namely subscription fees, advertising revenue and DVD sales. Cable TV channels are usually packaged together for subscription by family users, and this subscription fee is split between cable operators and cable channels.

As for how to split... After deducting that part of the operation, the rest is not the average distribution of cable channels, the more popular the viewership, the higher the distribution, depending on the TV station's viewership. So every cable channel struggles to improve viewership. At the same time

Advertising revenue is a significant portion of income in addition to household subscription fees. ”

Andy nodded and said to Alvitelli, who was holding up his coffee cup, “Do you think Maurice offered us a fair price? A $2.2 billion market value? ”

“Basically, AMC TV's net profits have been between 70 and 80 million over the past few years, and since '06 homemade TV shows have improved revenue, but AMC's internal experience with a senior shift and a strategic adjustment has led to Charlie Collier taking office at AMC, overturning all previous business strategies and creating a brief confusion for AMC, but the huge base of its subscribers and the content base of the TV station will not be too different at this price, and the $2 billion market value will still be fine. ”

“Well, close the negotiations on Marvel as soon as possible, and Citibank will complete its control over AMC as our backing, which may not be fully controllable this time, but it will also be acceptable to be the first shareholder.” Andy doesn't know what the market value of AMC was later, but with the addition of the three hot dramas "Advertisement Maniac", "Jedi Toxician" and "Walking Dead", he won't lag behind too many silent HBOs. In 14 years, HBOs dared to shout out their market value of 20 billion, and AMC wouldn't be less than 5 billion, which is a steady and unprofitable business. Besides, HBOs can reach that height and rely heavily on the theatre "Game of Power".

You know, Andy hasn't written The Game of Power yet! You guys spit, I'm just so shameless, what should I do?

“Okay, boss, Marvel's acquisition is almost complete, the last negotiation, boss, you need to attend, complete the handover of signatures, and a press conference to celebrate the completion of the acquisition, which is a very popular acquisition and can comfort all Marvel Entertainment employees in the first place.” Al suggested.

“Well, you know what to do when the first thing is done, right?” Andy nodded, his mouth slightly curled up, smiling with a hint of fun, and his eyes deeply glanced at Al.

“We have drafted a contract, which will be handed over to Kevin Page in the first place, and if he is happy to accept, his interests can be safeguarded, and if refused, we will stop all his treatment, insurance and compensation. ”

“Good, let him make his decision within 24 hours, after all he has developed and approached the company's strategic plan, let him sign a confidentiality agreement and find someone to keep an eye on him!” Andy looked at Al with an indifferent look.

“Understood!” replied Alvitt, with a serious nod.