Only a few people, such as Cummins, Randolph and others, had already known Feng Yiping's arrangements in advance. They were all gods at this time. The others were looking forward to the person who soon launched refreshing new initiatives after acquiring Coin Star. What arrangements do Netflix have for Netflix?

"I believe everyone should know now that the redbox that Coin Star and McDonald's cooperated with was prepared for Netflix," Feng Yiping nodded, "It's true,"

"I'm glad that there is a lack of one competitor and a strong support!"

Many Netflix people suddenly realized that no wonder the company hurriedly intervened in the cooperation between Coin Star and McDonald's. It turned out that Hastings and the others might have seen Feng Yiping's purpose at that time.

It turns out that what Feng Yiping said before was not false statements. He was really preparing for Netflix long ago.

Even some of the smart and imaginative people are thinking further, then, if you take another step forward, why can a company like McDonald's, which is more than the top, work so smoothly in Redbox? It is because of the Coin Star.

So can it be said that in addition to the development potential of Coin Star, his acquisition of Coin Star itself, another purpose is to make the Redbox project, to intervene in the DVD rental market, and to pave the way for the acquisition of Netflix?

The more they think about it, the more they feel that their inference is correct.

Tsk, Feng Yiping’s commercial layout is really genius.

His series of acquisitions and cooperation have clear purposes, but outsiders cannot see clearly.

When he first acquired Coin Star, how many people knew that his ultimate goal was Netflix?

It's impossible for anyone to know.

When a master plays chess, even if it seems like a killer move, it cannot withstand people's thinking and can always be seen through by his opponent.

But, if you are outside the board, who will pay attention?

This is the master level. He seemed to have fallen a son casually without intention. At this time, the object he was targeting would not realize that such a layout was targeting himself.

Not only that, he also has a team with super strong execution. You should know that in many cases, there is no shortage of good ideas, but what is lacking is a team that turns this idea into facts.

With a clever strategic layout ability and a super capable executive team, how can they not achieve their goals in this case? How can they not succeed?

Suddenly, many people looked at the person in the stands with admiration and admiration in their eyes.

It turns out that in their impression, Feng Yiping's success was just a series of numbers, 23 years old, two listed companies, billions of dollars in net worth, etc.

Now, they have some understanding of how outstanding this young man’s entrepreneurial idol is in business.

Since that's the case, slow down, according to Feng Yiping's idea, how can you be sure that the acquisition of Netflix is ​​his ultimate goal?

Is it possible that the acquisition of Netflix now is just like the acquisition of Coin Star last year, just to serve his ultimate goal?

Feng Yiping is already further uncovering the mystery, "But this is not all we have prepared for Netflix,"

Ma Ling looked at the dazzling guy on the stage, and felt indescribable pride, she was proud of her own eyes.

Susan on the other side saw the glitter on Ma Ling's face in the audience, but couldn't help but complain. Can you just be as straightforward as you treat girls?

Her misunderstanding is really big. Feng Yiping’s most unruly treatment is precisely when dealing with girls.

"I have to say that Blockbuster, who was disdaining the work we were doing at the time, has become a good example and is ready to launch its own DVD rental business. They have a word that is very right, niche,"

"If we look at it from a higher level, the entire DVD rental market, whether modern or traditional like us, can actually be said to be a niche market, a market that big media groups are too lazy to deploy, right?"

Of course, this is true. Now all companies engaged in DVD rental and sales are actually just serving those film companies, that is, serving those media groups, and their bargaining power is very limited.

"I looked at the company's relevant data. If we develop according to the previous trend, we will in the short term, maybe two or three years, the total number of DVDs we sell will reach such a welcome number of 1 billion. This is of course an amazing achievement, but is that a huge success?"

"That was a huge success, but it was not our success, it was the success of the upstream media group, and it was the success of postal companies like usps, which were downstream,"

“The bigger our business volume, the higher the revenue of film companies and usps, but what about ourselves? The company was finally profitable last year, but it was less than $7 million,” he said.

This number made everyone feel a little embarrassed.

Indeed, most of the money earned by the company is given to film companies and mail companies, and it takes several years for a year to earn the mailing fee.

Feng Yiping shook his head, "So, in the long run, this is not the Netflix we want,"

"Where is the way out? I think it's simple, that's subversion,"

"But when Netflix was founded, it was the traditional DVD rental market that subverted, but now, we want to subvert, not others, but ourselves,"

An uproar below.

Some people are excited that every development of the high-tech industry is a subversion of their previous ones?

Some people can't hide their loss. Do you really have to abandon the results you have worked hard and start from scratch again?

"We are a high-tech Internet company. The way we subvert is naturally inseparable from Internet technology. When we are focusing on Blockbuster and targeting Walmart, we may not have noticed that in the past two or three years, Internet technology has made another leap,"

“It’s never again when it takes dozens of hours to download a movie from the Internet, and it costs more than $10 in broadband, and this is our new opportunity,” he said.

"Yes, you are not wrong," Feng Yiping said to the staff who were already a little surprised. "Streaming and live on demand are the new directions we should focus on,"

"Boom," there was a lot of discussion below.

The most direct benefit of this is the savings of high postage costs, investment in building more and more distribution centers, and the financial expenditure of workers employed.

The most important thing is that doing so will obviously provide faster services for subscribers. The "unlimited" movies that the company has always advocated can finally be truly realized.

"What I want to tell you here is that we have fully prepared a video website, which is the sharpest weapon we have prepared for Netflix,"

"We have been preparing this website for a long time. We have not only developed first-class players, but also made a lot of videos that we like, which can attract the attention and love of a large number of Internet users,"

"With this platform, we can quickly and conveniently push our videos to the subscriber's terminal through streaming media and filtering our company's core recommendation engine."

“More importantly, with the help of this website, we will attract more users to become our subscribers,”

"So, Blockbuster, even if your online rental is online, Wal-Mart, you can invest more resources in your follow-up move. We don't care," Feng Yiping waved his hand violently.

"With this website and our core technology, we will be the pioneers of a new model, let them chase it,"

"Huahu," the people who were happy just now have become very excited, and those who were a little lost just now have become very happy. The warm applause is the reflection of their mood at this moment.

"So, the merger and acquisition is not over, and soon, we Netflix will acquire the world's first video website,"

"We will return to the original meaning of the name Flix, which is originally the Internet in Flix, "and not just a DVD rental company,"

Feng Yiping followed and said something, but no one could hear what he said just now, and cheers and applause drowned out everything.

Yes, this is the original intention of everyone to start Netflix, so this kind of subversion is actually a return. (To be continued.)

:
Chapter completed!