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Chapter 735: The Rise of the New King

Wall Street, a not-so-conspicuous street near Broadway in the South Manhattan area, is only one-third of a mile long, mixed between tall buildings, narrow and short.

This is a world-renowned financial center.

In Goldman Sachs' office, Chief Operating Officer Lloyd Blankfein looked at the latest data collection just now.

The project manager Kuster, who sent the information, sat opposite him.

Lloyd Blankfein did not look at the data first: "Tell me the specific situation."

"The streaming media business has achieved the expected success of Netflix, and of course Netflix has invested a lot in publicity." Kuster said quickly: "The violent viewing model launched by Netflix's new drama is very popular. Ten days after the streaming media business was launched, Netflix's North American paid users increased by 510,000, and this number continues to increase over time. It is expected that the growth effect may last for about half a year."

Lloyd Blankfein nodded slowly: "This is beyond our most optimistic estimate."

Kuster continued: "Netflix's business is listed in multiple overseas markets, and the first step has been successful."

"A broader global market." Lloyd Blankfein whispered.

The North American market is very large. Large companies can create assets worth tens of billions of dollars for a certain industry, but the global market is even bigger!

"Netflix's current overseas markets are only English-speaking areas, Mexico and Brazil in Western Europe and Latin America, which is close to the limit of Netflix's resource allocation." As the direct person in charge of Netflix's project, Kuster learned more in detail: "Without the assistance of overseas branches of Relativity Entertainment, Netflix's overseas development would not be so smooth."

Lloyd Blankfein said very pertinently: "Ronan Anderson's decision-making and relativity entertainment platform are the key to Netflix's rapid development."

Kusty nodded: "Just like Bill Gates to Microsoft, Ronan Anderson is very important to Netflix."

"Our future role is investors." Lloyd Blankfein smiled: "We need someone to create value for our investments, and Ronan Anderson is an extremely good decision-maker."

Wall Street capital rarely directly participates in the operation of investment companies, and what they want is profit. Of course, if the invested company cannot continue to create value, Wall Street people don’t mind uniting to replace a more suitable leader for their investment.

Lloyd Blankfein asked: "What are the data overseas?"

"At present, there are only preliminary statistics, the total number of registered users in several overseas markets exceeds 5 million, and the proportion of paid users is extremely high. However, in the short term, due to the penetration rate of computers and the Internet, the subsequent growth will be slower."

"We have investments in the computer industry and the communications industry, and there are clear data that there will be explosive growth in computers and the Internet in the next few years," Lloyd Blanckfein said.

"Computers and the Internet explode, and Netflix's registered users are also very likely to explode." Kuster said a fact: "Looking at the world, including North America, the only large companies that provide online authentic streaming media services on the Internet. Netflix is ​​also in an absolute leading position in the DVD industry, social networks, video sharing and other businesses, either without competitors or weak competitors are vulnerable."

His words continue: "Netflix is ​​still participating in and promoting the smartphone business. They have established stable communication channels with several major mobile phone manufacturers, software service providers and chip manufacturer Qualcomm. They have made more than half a year of efforts to promote a common business alliance. The only constraint is that Netflix's strength is not strong enough."

Lloyd Blankfein understands what he means: "Netflix will be listed and these problems will be solved."

"Yes." Kuster fully agreed: "Netflix's model is very successful, Ronan Anderson's eyes are very forward-looking, and Netflix's development history after it was acquired by Relativity Entertainment has fully proved this."

Lloyd Blankfein nodded slowly and firmly. Wall Street was optimistic about Netflix, which was not without reason.

"In recent months, Netflix has shared that as the Atlanta event, it has attracted much attention and has attracted new users." Kuster's speech slowed down: "The streaming media business attracts users to spend on paid consumption, the largest film and television copyright library on the Internet, the new drama with explosive reputation, and Ronan Anderson's ability in film and television production are all guarantees for Netflix's future development."

"Boss!" He said extremely seriously: "Once Netflix goes public, it may create miracles!"

Lloyd Blankefee acknowledged: "We will have more commissions." He laughed: "The value shown by Netflix is ​​beyond Google when it was launched last year."

Speaking of this, he pressed the phone and said to the secretary: "Convene all personnel at the supervisor level and above of the Operations Department to hold a meeting in the afternoon!"

Goldman Sachs also wants to push Netflix to a higher level.

Netflix's new streaming business has achieved great success. The old Hollywood movies have never lacked audiences. The two newly launched "rare" dramas have all had a thrilling reputation.

Driven by Relativity Entertainment, Bell Griers quickly received the title of "Man at the top of the food chain".

Dwayne Johnson also attracted the attention of the whole United States after "The Scorpion King".

The orders for "Prison Break" and "Survival in the Wild" season 2 were also sent to the desk of Shahai Entertainment by Netflix. Since the main creators signed a long contract with a minimum trilogy, the two projects were immediately put on the preparation schedule.

The difference is that "Survival in the Wild" will have a third or even a fourth season, and "Prison Break" will end in the second season.

At the end of the first season, the protagonists have successfully escaped, and the second season will tell the story of them escaping from police pursuit.

Such scripts are quite limited by the subject matter and cannot be filmed for a long time.

Ronan will not wait until his reputation completely erodes before it ends. Netflix streaming media started and the reputation of self-made dramas is very important.

There is no psychological barrier to cutting off "Prison Break". After all, the theme determines it. "Prison Break" cannot become a long-lived drama like "Friends", "Sein Fei" and "The Story of the Emergency Room".

This drama is a typical example of dying if you get addicted.

Several other self-produced dramas prepared by Shahai Entertainment for Netflix are being filmed and produced in a intensive manner, ready to go.

…………

Dallas, Texas.

Sandy Harding stood silently next to the back door of a container truck, looking at the store not far away. Blockbuster's sign was being picked off by workers on the handbags.

In the passage specially reserved for the door, several workers walked out with large cardboard boxes.

"Ms. Harding." asked the leading worker, "Is that all?"

Sandy Hardingmer counted the cardboard box and said, "It's all."

Workers moved the boxes to the container truck one after another. Several of the boxes had not been sealed. They were opened after being shaken, revealing a box of video tapes inside.

Sandy Harding climbed into the truck, took out a bundle of small tape from his pocket, and silently packed the box.

Before sealing the last cardboard box, Sandy Harding took out a box of "Star Wars" videotapes and watched silently, his eyes gradually becoming wet.

Sandy Harding worked at Blockbuster for fourteen years, came to this large store for seven years, served as the store manager for five years, and met every amazing loyal customer in this store, and even called their names.

But in the past two years, fewer and fewer customers have been able to name her because many people she know have never come to rent video tapes again.

The store was not enough to make ends meet, so Blockbuster decided to close it.

Seeing the signboard being taken off and a box of videotapes were packed and transported away, Sandy Harding had only a feeling of heartache.

People of her age have never understood why Blockbuster can't do it?

Dallas closed at least one-third of Blockbuster's storefronts.

Among many Americans, the classic Blockbuster store has become a memory engraved in the hearts of a generation, just like the impression Nokia phones later in the hearts of some consumers.

Just like when a person dies, something often disappears, and what people remember will always be their goodness.

Faced with the emerging Netflix, Blockbuster, as a giant, has a slow strategic turn.

It was not until the end of 2004 that Blockbuster, with the limited support of Viacom, launched Blockbuster Online to provide online DVD and videotape rental services.

But Blockbuster Online can't pose a substantial threat to Netflix, which has a great climate.

Moreover, what Blockbuster and its parent company Viacom did make Ronan completely confused, and even understand what Blockbuster and Viacom's decision-making team thought.

Because the customer resources of Blockbuster store are not shared with Blockbuster online!

Is there anything more ridiculous than this?

For Netflix, Blockbuster Online is far from being one behind. The gap between the two sides is almost as far as New York to Los Angeles. As a result, when Blockbuster Online took off, there was no oil in the fuel tank.

How can such Blockbuster Online be competitive?

Blockbuster wants to compete with Netflix on the Internet, but does not want to give up huge physical resources, and the results are already predictable.

In January 2005, the former giant Blockbuster decided to retreat to the North American market. Blockbuster cut off 1,800 overseas stores and largely pushed out of the overseas market.

From beginning to end, Viacom did not provide strong support to its subsidiary Blockbuster.

Perhaps, in the eyes of Somer Thunderstone, Blockbuster, which cannot act as a cash cow, is no longer worth Viacom's massive resources to save.

The rise of the new king is always accompanied by the fall of giants.

Gone are the era of offline video rentals.

Just like a video hall, it won’t take long to stay, and the video rental house can only exist in the memories of many people.

With the development of the times, many things are destined to be memories.
Chapter completed!
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