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563【TV】

The movie "Animal House" was not popular before.

All producers believe that this story is vulgar, boring, obscene, and nonsense, is an absurd farce.

But what they didn't expect was that such a movie was extremely warmly welcomed among young people.

At the beginning, because it was released in the same period as Superman, "Animal House" was not valued by young people. But later, as more and more viewers watched it, "Animal House" became more and more famous and reputation as it was said by word of mouth. Even it appeared that if anyone among young people had not watched "Animal House", it would be outdated, rustic, and not cool.

Young audiences think that the protagonists in "Animal House" are so arrogant! They drink, gather, pick up girls, go against the Director of Academic Affairs, fight wits and courage with another student union, and engage in some vulgar and low-level pranks.

Such a life is unrestrained and free, which is very consistent with the tastes of young people like them. In comparison, "Superman" seems old-fashioned.

Therefore, "Animal House" is popular among more and more young people, and its box office is getting higher and higher. After the first round was released, its box office reached 79 million US dollars, which is quite gratifying.

Such a box office also made the faces of those who sneered it before.

Another person with a relatively swollen face is Donald Sutherland, one of the actors in "Animal House".

When he was invited to star in this drama, producer Ivan Reitman discussed with him whether he could pay the dividends for the film. Donald Sutherland sternly rejected this request and insisted on his own $40,000 in salary.

As a result, "Animal House" is now a big box office. If Donald Sutherland had chosen to pay dividends for the film, he would have received millions or even tens of millions of dollars. Now he can only cry with 40,000 dollars, so his face is so annoyed that he is so swollen.

...

Ye Jin was still very happy about those insiders who were slapped in the face.

However, his main focus was not on them. These sluts were not worth his waste of energy.

Ye Jin's current attention is mainly focused on the future development of Fox Films.

In seven or eight years, Fox Pictures released a total of five movies: "Grease", "First Blood", "Sky", "Halloween" and "Animal House".

Coupled with the overseas box office of several movies released last year, as well as the licensing of peripheral products, copyright fees of film libraries, Fox TV revenue, etc., this year, Fox's total revenue is 556 million US dollars and net profit is 324 million US dollars, which is still very good.

The net profits of the three companies, such as Universal, Paramount and Columbia, may not be even less than 30 million US dollars this year. Many of the movies they invested in have suffered losses, and thousands of staff in the entire large company are chewing people, and the cost burden is quite heavy.

Fox Pictures originally had $800 million in debt, but now after paying off a part of it, there are $600 million in debt that has not been paid.

But the good news is that in seven or eight years, Fox Pictures has made a series of box office hits and its operating performance far exceeds expectations, so its market value has increased from the previous $800 million to around $1.8 billion.

Therefore, the debt of $600 million seems to be large, but the company's debt ratio is only 33%. Therefore, in the new year, Ye Jin no longer focuses on repaying debts, but considers the issue of company expansion.

Ye Jin is planning to focus on the direction of the company's expansion.

The reason for this is that in the film market, Fox Pictures actually has no room for development.

Hollywood's total box office is only about one billion dollars this year. Fox Pictures has performed well enough this year, with the North American box office alone accounting for nearly 400 million US dollars, which has accounted for nearly half of it.

Such results are already amazing. Even if Ye Jin tries hard to improve, he will not increase the box office revenue in a short period of time.

After all, the number of viewers and ticket prices are there, and the ticket price is only three dollars now. In 19, the ticket price averaged at 8.5 dollars, and it would be much easier for the movie box office to exceed 100 million.

In comparison, in terms of TV stations, there is much more room for development.

Now Fox TV only has local TV stations in five places, and its influence is very limited. In comparison, NBC, CBS, and ABC have hundreds of local TV stations, and they also have cooperative relationships with hundreds of local TV stations.

This ensures that their signals can cover most of the America areas and enable them to have the largest number of viewer users.

Ye Jin is preparing to develop Fox TV into the fourth largest public TV network. In this way, Fox will also cover hundreds of millions of viewers and become a very influential media in America.

At that time, he will become one of the most vocal people in America. Whoever dares to discriminate against him or bully him again, he can use the weapons of public opinion to condemn him.

In "007: The Empire of Tomorrow", the villain Carver said it well, [When Jesus preached on the mountain, he faced only a hundred people, and I could let people all over the world hear my voice.]

Not to mention that it is still very profitable to build a TV station. For example, in 1923, ABC TV's revenue reached US$20.4 billion and net profit was US$6.8 billion; CBS TV's revenue reached US$15.3 billion and net profit reached US$3.3 billion; NBC TV's revenue reached US$23.7 billion and net profit reached US$4.5 billion; Fox TV's revenue reached US$27.7 billion and net profit reached US$6.8 billion...

This shows how high the profits of these TV stations are.

Therefore, it is very worthwhile to develop Fox TV and expand its scope of influence.

There are two main ways to develop Fox TV.

First, it will cost a lot of money to acquire local TV stations.

Because this stage is the golden age of the TV industry, the Internet has not yet emerged, and mobile smart devices are nonsense, and people rely heavily on TVs for daily entertainment. Therefore, the ratings of major TV stations are very high, and advertising time is full, so there is no need to worry about no users at all. Therefore, all TV stations are very profitable. In this case, acquiring will have to pay a higher price.

The second is to form an alliance with local TV stations and become partners.

This can save a lot of money, but there are also some troubles. The weakness of local TV stations is that they lack the ability to produce programs. Whether it is funds, personnel or experience, they are relatively lacking.

Therefore, they often can only produce some news programs, while others rely heavily on outsourcing, just like county-level TV stations in mainland China.

Purchasing programs is very expensive. Even TV series ten or twenty years ago will have to be bought for screenings of millions of dollars.

Therefore, local TV stations often choose to join the three major TV networks, using their own coverage of viewing users and some advertising revenue as bargaining chips to exchange high-quality TV programs with the TV network.

Therefore, if Ye Jin wants them to join Fox TV, he must first have good enough TV programs to attract them. Otherwise, they will not join.
Chapter completed!
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