Hollywood Hunter

Chapter 677 Instagram goes live (3)

The news of Disney’s chairman and CEO Michael Eisner suffered a heart attack and fell into a coma, and the news that Daenerys Entertainment Group is about to establish a movie theme park in Europe quickly fermented on Thursday.

Although there were only three Disney executives in the scene, some media still directly related these two things together, speculating that Michael Eisner may have heard that Daenerys Entertainment is about to establish a movie in Europe. The "bad news" of the theme park was the heart attack.

During this time, because of Jeffrey Kasenberg’s resignation with Michael Eisner, Disney’s President Frank Wells is about to retire, Vivendi Group launched an acquisition from Disney, and so on. Under the news hotspots listed by Lisi Entertainment, she still got a lot of news pages.

The internal turmoil in Disney and the continued decline in performance over the past few years have caused federal media and Wall Street to continue to see the decline of one of the top seven Hollywood.

Vivendi Group's intention to acquire Disney's news revealed that a stock price rebound was finally triggered. With the Eisner heart attack and Daenerys Entertainment's European theme park plan exposed, the company's stock price began again on Thursday. Fell.

Of course, the focus of much media and capital is still Daenerys Entertainment.

Disneyland Paris is already a catastrophic existence. It is not easy to even apply for bankruptcy in such a profitable project. For the multi-billion dollar investment of the previous parties and for the employment of tens of thousands of employees, this theme park How can we only survive the continuous loss.

With such a bad case ahead, should Daenerys Entertainment repeat the same mistake?

Daenerys, who has just completed the IPO, is rich in money, everyone knows this, but no matter how much money, you can’t just use it to float.

However, some people are on the side of Daenerys Entertainment.

As Mark Belford, vice president of global operations for Daenerys in the "Hollywood Reporter" article, said that the overall size of the European film market is much higher than that of Japan, and the establishment of a theme park in Europe is very conducive to further promote and deepen Danny. Lisi Entertainment's corporate brand.

The potential advertising effect of the theme park entertaining tens of millions of tourists every year is definitely not something that can be estimated by the pure profit and loss figures of the theme park itself.

The reason Disney in Simon’s memory became Hollywood’s leading entertainment giant, and Disney parks around the world have contributed to the company’s brand value gains, including Paris, which has been financially losing money for decades The same is true of Disney.

Therefore, since the opening of Disneyland in Paris in 1992, Simon has been thinking of similar plans.

The overall movie market is no less than North America and Europe, and there must be a theme park under the Daenerys Entertainment Group.Even after the completion of a long-term loss like the Disneyland Paris, this matter must be implemented.

It was only at the time that Universal Studios Osaka had just completed the planning, and Simon did not rush to achieve two huge theme park projects at the same time.

Now, the time has come.

Taking advantage of this opportunity to release the news, it is a double-handed help for the hesitant Disney shareholders to make up their minds to sell the company.

As for the follow-up, the site planning for the theme park will take at least one to two years. When Universal Studios Osaka has already opened, Daenerys Entertainment can calmly transfer the current Universal Studios Osaka planning team to Europe.

After the exposure of "The Hollywood Reporter" in the morning, Daenerys Entertainment deliberately published a more detailed article during the day at the Igreat portal, explaining the need to build Universal Studios Europe.

However, the market still gave the most direct feedback to Daenerys Entertainment's decision.

On Thursday's trading day, Daenerys Entertainment's stock price began to fall from the beginning of the opening. As of the afternoon closing, the decline reached 2.6%. The market value fell from 117.2 billion US dollars to 114.1 billion US dollars. In one day, 3 billion US dollars disappeared.

The management of Daenerys Entertainment did not respond much.

Whether public or private, Simon has repeatedly emphasized his point of view that Daenerys Entertainment’s operations will not be affected by short-term stock price fluctuations, but will focus on long-term planning.

If some investors do not recognize Daenerys Entertainment's business philosophy, they can sell their stocks.

With the current strength of the Westeros system, even re-privatizing the entire Daenerys Entertainment Group is a breeze.

On the other hand, Disney's ups and downs are in a hurry.

Michael Eisner woke up in the morning, but the result of the heart examination of the Disney head was very optimistic, because of the long-term high-intensity work, the genetic heart disease of Michael Eisner continued to deteriorate The results of the examination showed that Eisner’s heart had multiple arterial occlusions that exceeded 98%. If he did not undergo surgery as soon as possible, he would not survive for a year.

Moreover, because the condition is too serious, the risk of surgery is very high.

It may even die directly on the operating table.

The reporter who gathered outside Mount Sinai Hospital in Manhattan that day was able to get the results of Eisner's heart examination for the first time under Disney's strict defense.

Some people may not understand the seriousness of arterial occlusion exceeding 98%. One thing is for sure, in the short term, it is impossible for Michael Eisner to resume the work of Disney.

As the news of Vivendi Group’s acquisition of the Disney company leaked, Disney’s recent stock price had been slowly picking up. With the spread of the bad news of Eisner’s illness, Disney’s stock price also fell by 3.3% on Thursday. 6.9 billion US dollars fell back to 6.6 billion US dollars.

In the evening, Disney finally held a press conference to inform about Michael Eisner's condition, and said that Disney's affairs will be temporarily represented by President Frank Wells. Frank Wells, who is personally responsible for presiding over the conference, will also return Said that he has signed an interim agreement with Disney to extend his term of office for one year until the Disney company is completely stabilized.

Not only that, Disney executives also quickly appointed the president of Disney’s home entertainment department, Bill Michanick, as the president of the Disney studio at the press conference, taking over the position of Jeffrey Kasenberg’s former position, and overseeing all Disney’s movie affairs. .

Asked by reporters if Disney would accept the Vivendi Group's offer, Frank Wells said very smoothly that this is something Disney's board of directors and major shareholders need to consider. He is only responsible for taking care of this company for the time being.

Compared with Disney's firm denial when the news just leaked some time ago, Frank Wells' expression has obviously loosened a lot.

The next morning, the federal media was overwhelmingly covering two major events in Hollywood yesterday.

Moreover, the two events are still generally related and discussed.

Most of the media are still not optimistic about Daenerys Entertainment's Universal Studios Europe plan, and even the details of all the failures of Disneyland Paris in the past two years have been redrawn.

However, Michael Eisner's sudden illness caused Disney's brief turmoil. Frank Wells' statement at the news conference yesterday made the media and capital feel a certain tendency again.

Including that morning, a reporter from ABC Television interviewed Sid Bass, the head of Disney’s major shareholder Bass family. Although the tone of the other person’s voice was still reluctant, everyone felt it. De Bass's tone was not firm at all, and the attitude in the interview was more of a bargain.

Disney’s previous turmoil and recession, resolutely opposed to the sale of the Disney head Michael Eisner fell ill, Daenerys Entertainment’s Universal Studios Europe plan brought strong uncertainty to the Disneyland Paris, combining these elements, The possibility of Disney's sale is getting higher and higher.

Then, the federal media again realized a problem.

No longer can overseas capital continue to erode its own cultural realm.

The Washington Post on Friday morning commented on this, calling on the federal government to take steps to limit the acquisition of Hollywood studios by overseas capital.The Wall Street Journal also mentioned the media integration ban again. At this stage, companies that can compete with the Vivendi Group and achieve synergy are only the three old TV networks in the United States. Therefore, to prevent this acquisition, Congress must Promote the lifting of the ban on media integration as soon as possible.

Facing the media's appeal, during the daytime routine press conference, a White House spokesman said that Mr. President attaches great importance to the protection of the US cultural industry. He has communicated with Congress many times before, but the final decision is still in the hands of Congress. .

In his speech, he repeatedly attacked the "inaction" of some politicians in both houses of Congress.

The spokesperson even stated that when necessary, Mr. President will let the Justice Department veto certain acquisitions that may affect the development of American culture.

Although both Houses of Congress are temporarily in the hands of the Democratic Party, for more than a year, many of the plans that Clinton tried to implement have met in the Congress, and the White House and Congress have been very unhappy.

Of course, Congress was reluctant to withstand the ridicule of the White House and quickly responded.

For a time, both sides fell into a state of lip service.

As for when the media integration ban that everyone cares about is lifted, no one has received an accurate answer.

Simon has been in San Francisco since Wednesday.

In addition to the various affairs of the Westeros system in the Internet field, Simon has mainly discussed with the core management of the three companies Cisco, AOL, and Igreat these days the US Department of Justice's antitrust investigation to be officially launched at the end of the month.

Since the White House quietly revealed the time when the antitrust investigation was launched, it actually wanted to form some kind of tacit agreement with the Westeros system.

Simon certainly wouldn't be too stupid to cooperate.

As for how to cooperate?

What the White House wants is performance, an account of federal voters, then, the Westeros system actively sends the evidence to the White House.

This is definitely better than having the Ministry of Justice directly investigate the Westeros system without communication at all, which ultimately leads to uncertain consequences.

Not only that, to achieve certain tacit agreement in advance, the Westeros system can also actively cooperate to build momentum.

For example, this time, after three days of discussion, one of the measures determined to make concessions is that Igerit will actively split its application software department. There is no too strong complementary effect between the software business and the network business. Even if it is split, it will not have too much impact on the overall development of Igret, Simon has already made a similar layout very early.

However, in fact, it does not have much impact on Igret, but in terms of media caliber, since I decided to make concessions in this regard, I must definitely publicize Igret’s software business and network business union will What serious damage has the Internet industry caused, how will it hinder the development of small businesses, how is it necessary to split the two, and Daenerys Entertainment’s resistance to the federal government’s attempt to split the two major businesses is How intense.

Eventually, when the two major business departments are finally split, the media and the public see that a super Internet oligarch is split in two under the strong antitrust investigation of the federal government, and it will get great psychological satisfaction. The new technology of the same kind with unknown truth Enterprises will also think that their spring has finally arrived.

The White House's approval rating will rise further.

The Westeros system can also avoid Igreat’s over-bloat.

Everyone has something to gain, and each is happy.

In addition to Eaglet, AOL and Cisco will make certain concessions in this antitrust investigation.AOL will actively abandon the ten-year exclusive contract with the three major operators. Cisco will also promise to limit the proportion of equipment provided to AOL and other operators within a certain range, Enterprises leave a certain market share.

Of course, it will take at least a year or two for these concessions to be finally implemented.

The main feature of antitrust investigations is protracted.

This is good for the layout of the Westeros system in the Internet industry, and Simon will not be stupid enough to promise various conditions of the Ministry of Justice in three to five months.

So until Friday.

At 9 o'clock in the morning on July 22nd.

Simon personally rushed to an office building in downtown Palo Alto, not too far from Igreat's headquarters, to participate in the launching ceremony of the Instagram site run by Girl D.

After three months of development preparation and internal testing, the photo-sharing website Instagram was officially launched today.

The final design style of the website is very similar to the Instagram in Simon's memory. It is a very simple'photo wall' seen by many people. Among the few girls who have led the angel investment of the website under Simon's leadership, there is no lack of worry that this website is too much. Simplicity will not lack appeal, but Simon is confident.

Easy to use, this is one of the most important reasons for the success of many Internet companies.

The Google in my memory is undoubtedly the typical of the simple style of the Internet.

Moreover, for Instagram, the most important thing is the user and the rich content. If these are lacking, then the design of the website will not help.