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Text Chapter 429 Our interests are the same (Part 2)

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    After hearing John's conditions, Li Mingbao's face immediately changed: "Such conditions are too harsh. I can give you the exclusive distribution rights in North America. But it's a 50-50 split. It's hard for me to accept.  You know, the creativity of these programs all come from me, and the key to the quality of a program lies in creativity. Without creativity, no matter how much it costs, there will be no good programs. So the 50-50 split is.  What I absolutely cannot accept, the most I can accept is 37, I am 70 and you are 3, and the investment ratio must be 50-50. Only in this way can I have enough profits to plan a good one.  For me, the program is also very expensive. You can get 50% of the profit safely by launching a platform. This is completely unfair to me. " "Three-seven?  What a joke. Mr. Li, I'm afraid you don't know much about the operation mode of our American TV stations, right? It is impossible for any TV station to give such a sharing model, unless it is you three and seven.  , the TV station¡¯s share, even for good programs, is 28%, and it is 80% for the TV station, and 20% for the producer. For us at 20th Century Fox, it is very sincere, and we are very sincere.  We are also willing to share risks. There is no reason for any TV program producer not to accept such favorable conditions. I can offer such a high share plan simply because we now have common interests. In order to be able to do so.  Only if I have more shares and cash in News Corporation will I agree to such a condition. In normal times, the most I can offer you, Mr. Li, is 37. Our TV station is 7, and your company is 3. So.  Mr. Li, please don't be too loud. It will be completely unprofitable for both of us." After John heard Li Mingbao's words, the veins in his head jumped.  He thought that the conditions given to Li Mingbao were good enough. Before this, when had 20th Century Fox ever offered such favorable conditions?  Even generally speaking, it is difficult for the producers of the program to obtain a contract of more than 10%, and such a contract must be awarded based on a certain ratings. If such ratings are not reached, the TV station will not only be unable to  The production funds will be provided, and even the original 10% profit contract may not be given to the producer.  You know, 20th Century Fox doesn¡¯t just have one or two TV stations.  For these giant companies, as long as their TV stations are engaged in this aspect of business, based on their background, each company has national and even television channels covering the entire North America.  TV stations like them never lack TV programs.  Even many unknown TV program producers, in their initial cooperation, would rather do a loss-making business than catch such a big fish, because as long as their program is successful, even if the program does not make any money  , but other programs can immediately rise, and then rely on excellent TV programs to gradually enter a larger market.  And what is Li Mingbao¡¯s current situation?  He hasn't even started a TV program production company yet, so he is a complete newcomer.  For such a newcomer to be able to hook up with Twentieth Century Fox, it is already a high price. Under such circumstances, Li Mingbao actually wants to pay such an exaggerated share ratio, which is completely treating Twentieth Century Fox as a fertilizer.  Slaughtered like a sheep.  Hearing John's words, Li Mingbao's expression did not change much, but continued: "John, you have to know that this is not the only popular TV show I have. The person you are negotiating with now,  I am not a producer who is lucky enough to get a good program, but a producer who has at least five prime programs. This alone gives me great qualifications to raise prices for these programs.  It is not the kind of program that relies solely on freshness and temporary popularity, but the kind of program that can last for a long time. And these programs are all my exclusive patents. In this case, you can treat me as a person.  A program producer with a long history and strong strength. Indeed, in normal times, for you, John, even a 50-50 split would be an unacceptable condition for 20th Century Fox. But you and I both know that it is not the case now.  In normal times, it is a critical moment. As I said before, our cooperation is not based on pure interests now, but on the interests of joining News Corporation in the future. Under such circumstances, we have short-term interests.  It doesn¡¯t require too much consideration. John, don¡¯t you think that if I share a larger share, it will be more beneficial to 20th Century Fox?¡± ¡°More benefits, my God, Li.  Sir, I suddenly realized that your nonsense is becoming more and more shameless. This is obvious.?How can something that is good for 20th Century Fox be more good for our company?  "At this time, John really wanted to take an ax and pry open Li Mingbao's head to see what was inside Li Mingbao's head. "Of course there are benefits. Think about it, Mr. Murdoch's News Corporation is really going to acquire it.  You, Twentieth Century Fox, will be able to reap more benefits with your wonderful programs, right?  "Li Mingbao said seductively. "Of course, if it weren't for this, I wouldn't talk about cooperation with you at all.  "John replied with a haughty voice. "And after News Corporation acquired your 20th Century Fox company, it was naturally impossible to ignore TV programs, and the programs I had in hand were from the 20th century at that time.  Century Fox Television's trump card.  In this way, while acquiring you, will News Corporation not be interested in my company?  Being able to eat your 20th Century Fox company shows that they have a very good appetite. As for the program producer with high ratings, that is, me, don't they have any idea of ????peeping?  For the sake of those popular programs, they have to acquire our company. After all, the agreement between you and me cannot be too long, maybe three years, maybe five years, it depends on the progress of your negotiations.  After they acquire it, the immediate problem they will face is the expiration of our contract. As long as they don't want their opponents to win over our company, they must offer a reasonable price.  That's the only way to win me over.  And the more advantages my program has in the contract with you, the higher the price they will pay me.  And when I also join News Corporation, there will be more unity between the two of us.  News Corporation is a behemoth, and monsters like this usually have fierce internal competition. If we can reach a certain alliance within News Corporation, then the higher the shares we both own, the more beneficial it will be for us.  As a person who doesn¡¯t have much strength, if I don¡¯t find a bigger group to protect myself when I join News Corporation, I will be squeezed out easily.  And when the time comes, the alliance between us will definitely be much stronger than with others. After all, we are old friends and there is a great foundation for cooperation between the two parties.  "Li Mingbao slowly stated his intention. To put it bluntly, Li Mingbao plans to become a vassal of 20th Century Fox after joining News Corporation. Instead of just being a simple small shareholder. For the group  Li Mingbao is quite clear about the internal struggle for power. For small companies or sole proprietorships, in terms of internal management, it is enough to just listen to the boss. After all, in a sole proprietorship, the boss will do whatever he says.  However, large groups, or monsters such as giant conglomerates with many internal shareholders, are actually quite chaotic internally. When they have a common goal, they can definitely unite and take advantage of capital, but in normal times.  , it is impossible for such a group to be whatever the major shareholder says. This can be seen in the issue of United Cinemas. Even though Li Mingbao was the major shareholder of United Cinemas, he was still a major shareholder.  Within the United Cinemas, there is no management right at all. It is like a rubber stamp. If it were not for the plan of the distribution port, it would be difficult for Li Mingbao to take back the management rights of the United Cinemas, and even if Li Mingbao seizes it, it will be difficult.  Opportunities and appropriate actions do not mean to drive out all other people's forces. He just controls some key departments and maintains a certain advantage. In this way, Li Mingbao can be considered to have done a good job like United Cinemas.  Such a company with relatively simple shareholders has so many problems, let alone a behemoth like News Corporation. Murdoch must have the final say in the general direction of News Corporation, but in terms of specific details, even  It¡¯s Murdoch who doesn¡¯t want to have full control, so the fierce internal struggle is not a science fiction thing at all, but a necessity. Under such circumstances, even a big boss like John suddenly enters News Corporation.  It doesn't mean that he can gain a foothold. It is more difficult to express his voice internally than to control 20th Century Fox. But at this time, Li Mingbao said that if he also joined News Corporation, he would definitely work with him.  Twentieth Century Fox stands together and resists the storm. Even if Li Mingbao joins News Corporation, his shareholding cannot be too much. At most, it is only one or two percentage points. This is still the current News Corporation.  A percentage point may be very small in normal times, but at a critical time, even 0.5 percentage points may be able to affect the overall situation, so Li Mingbao's promise is definitely heart-warming to John.p; Sure enough, after hearing Li Mingbao's words, John immediately fell silent.  After a while, John said: "At most 50-50, this is necessary. If it is more, the people at News Corporation are not fools. We can't be too obvious, as that will easily lead to problems. In this regard, we  The company cannot make concessions, but we can compensate you for your losses in other ways.¡±
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