Ye Jin's meeting was just beginning and he was forced to stop.

Originally, he was planning to give a detailed explanation of the [Three-Step] plan at the meeting so that everyone can know the direction of the future.

The specific measure is to first let others provide opinions, and then be denied by him one by one. Finally, Ye Jin put forward more clever opinions, so as to enjoy everyone's worship and praise.

However, Ye Jin felt very disappointed that the production manager Mark Thor was so incompetent and unprepared and could not cooperate with his performance.

However, today's meeting was not in vain, and Ye Jin still showed his talent initially.

Fox's acquisition of the distribution rights for "Rocky 2" is also a great joy for the company.

After the meeting, Damian Carret, under Ye Jin's instruction, went to Myth Films to negotiate the distribution rights of "Rocky 2".

Although Ye Jin is the boss of the two companies Myth and Fox, both companies are relatively independent individuals, just like two brothers born to a mother.

Brothers also have to settle the score clearly. If Fox wants to obtain the distribution rights of "Rocky 2", it will also cost real money. Ye Jin will not suffer a loss just because he has made Fox Pictures CEO.

...

Damian Carret immediately came to Mythology Pictures and met the post-production "Rocky 2".

After watching its rough cut version, he was still very satisfied with the movie.

First, the cast basically inherits the previous one, which can be called a [orthodox sequel], which is very helpful in attracting fans of the previous work.

In comparison, although some movies are under the banner of sequels, they are not attractive enough to the original fans because the main actors are replaced, resulting in a decline in box office and reputation.

For example, in "Home Imperial 3", the starring was replaced by Macaulay Culkin to Alex Linz. Although the story is as exciting and beautiful, the box office fell from $359 billion to $79 million, a gap of $280 million.

This shows how attractive the original cast is to fans. This is why celebrities often dare to ask for high pay when filming sequels.

Second, the story of "Rocky 2" is still passionate and inspiring, which makes people feel excited and full of fighting spirit. The reason why "Rocky 1" is so popular is that it has a global box office of 225 million US dollars because it tells a story of a successful counterattack after hard work.

There have always been many movies with inspirational themes. After all, everyone has the dream of aspiring to succeed. Even if they can't do it in real life, they have to spend some time on the screen.

"Rocky 2" is basically an old wine in a new bottle, and the routine is still the same routine as "Rocky 1", which is original and still moving.

Damian Carret then negotiated with Myth Films about the distribution rights of "Rocky 2".

In order to show neutrality, fairness and selflessness, Ye Jin did not personally participate in the negotiations. However, given his Fox Ceo and his immediate boss, Damian Carret made many concessions.

The most generous conditions are given within their own authority in terms of film sharing, publicity funds and release scale.

Ye Jin naturally would not refuse this. So the distribution rights of "Rocky 2" were handed over to Fox.

After the news came out, Fox's stock price rose slightly again.

...

After Fox obtained the distribution rights for "Rocky 2", he immediately began to formulate a distribution plan, schedule, publicity strategy, theater coordination... There is a lot of things to do.

However, these colleagues from their own distribution department are in charge, and Ye Jin doesn't need to go into the battle personally as CeO. In the next few days, he will mainly deal with the official documents and consider the future development of Fox.

Fox Films wants to make great progress, and Ye Jin feels that it is inseparable from diversified operations.

Now, 70% of Hollywood film companies' revenue comes from the box office of movies, while the remaining 30% come from TV screenings, peripheral product licensing, etc.

But in the past life, only about 20% of Hollywood film companies' revenue came from movie box office. The remaining 80% came from movie disc sales, TV network copyrights, and peripheral product development.

Therefore, in order to make money, the six major Hollywood film companies are not limited to investing in movies and releasing movies, but they are also involved in other fields.

For example, Universal and Fox jointly established streaming hulu; Warner Pictures and Time Magazine merged, n, cw TV, American Online, dc comics, etc.;

Paramount's parent company Viacom has acquired CBS TV, mtv, tnn, showtime, American Cable Network, etc.; Columbia Pictures' parent company Sony Entertainment has acquired Columbia Records, MGM Pictures, EDA Records, etc., and its parent company is also involved in multiple sectors such as games, home appliances, financial entertainment, etc.

It can be seen that the six major Hollywood film companies are like octopus, extending their tentacles to various fields and seizing every profit as much as possible.

The best one is Disney Pictures. Its rise comes from diversified operations, from Disney animation to Marvel Comics, from Disneyland to Disney streaming, from Disney Resort to Disney cruises, from Disney Pictures to Disney Channel... It covers almost all forms of entertainment, allowing people to wander in the Disney happy world and not want to leave.

It has therefore become the world's largest entertainment company, with a market value of US$200 billion and ranked 176th in the world's top 500.

With such a role model, Fox's future development will naturally take a diversified business route. Movies, TV, radio, music, games, the Internet, paper media, resorts, amusement parks... none of them are missing.

And Fox's starting point is pretty good now.

First, it originally had radio and television stations, and could continue to develop based on this, without having to start from scratch; second, other Hollywood film companies are still very vague about diversified operations, so Fox Pictures is just enough to get ahead.

As the saying goes, one step is fast, every step is fast. In the business world, big fish have always eaten small fish, and fast fish eat slow fish.

Once Fox Pictures keeps up with the situation and develops rapidly, it will inevitably become a giant crocodile in the big lake of Hollywood, galloping everywhere and invincible. Perhaps, it may also counter-acquire Disney Pictures and become the most profitable entertainment company in Hollywood and even the world.

Thinking of this, Ye Jin couldn't help but be very happy.

As for the first step in diversified operations, he is planning to start with the TV station.

Fox Radio now has five TV stations, distributed in Los Angeles, Denver, San Francisco, Las Vegas and Sacramento, mainly several big cities in the western part of the Americas.

This coverage is still too small, covering only more than 20 million people. In comparison, public TV stations such as CBS, ABC, NBC can cover the entire region of Asia and the population of hundreds of millions. Therefore, if Fox Radio wants to be effective, it must expand.
Chapter completed!