Hollywood Hunter

Chapter 1428: Too Much

When Simon arrived at Daenerys Studios in the morning, the first thing he paid attention to was not today's four opening films, but Blockbuster.

After several months of back-and-forth, this morning on the east coast of the United States, the Federal Department of Justice finally officially approved the acquisition of Blockbuster by Daenerys Entertainment, declaring that Daenerys has once again completed the complete layout of another important business.

The continuous news stir-ups, the deliberate suppression of the Westeros system, and the Republican Party's abandonment of this matter, the announcement of the news, except for the unavoidable entanglement and emotion in the industry, there is basically no splash.

The next step is to sign the M\u0026A agreement.

Others, because they are already the largest shareholder controlling the company in advance, the follow-up cumbersome details of similar mergers and acquisitions can be omitted.

Of course not doing nothing.

In the morning, Simon had a small meeting with Nancy Brill, who was in charge of this part of the business, and the main discussion was Blockbuster's follow-up development strategy. The first is to further go online to speed up the business layout of DVD mail rental. Furthermore, continue to optimize Blockbuster's online and offline management systems, always pursuing higher efficiency and lower costs.

The reason why the former Blockbuster declined rapidly in the late 1990s, in Simon’s view, was not the main reason for its reluctance to keep up with the times and develop online business, but the bloat and inefficiency of Blockbuster in all aspects from management to service. , the result is that as the world's largest video rental chain, not only did not provide users with better services and lower prices because of its own scale effect, but on the contrary, the high prices did not bring enough to Blockbuster. Instead, they fell into continuous losses, and even had to rely on overdue fines to maintain cash flow.

It is unreasonable for such an enterprise not to decline.

When Simon cut off Blockbuster from Paramount, he made it clear from the beginning that it is also a retail chain enterprise, and Blockbuster should be chasing Wal-Mart.

The key to Wal-Mart's ability to maintain its position as the world's largest supermarket chain in the era of booming e-commerce 20 years later is the ultimate pursuit of efficiency, cost, and service.

Similarly, for Blockbuster, although Simon tends to be online, he has not relaxed his focus on physical stores.

Because of Simon’s original strategy and the efficient executive team led by Nancy, Blockbuster is now not only gaining users’ favor with high-quality services and low prices, but also maintaining profits that clearly exceed those of its peers, whether it is physical business or online leasing level.

Therefore, according to the current trend, Blockbuster's physical business will not be a problem for another ten years.

On the other hand, just as Wal-Mart and Amazon were able to coexist well in the past, Simon's goal is to achieve long-term rapid growth of online business on the basis of the continued existence of Blockbuster's physical business.

This goal may seem paradoxical, but it is actually quite simple.

Since other competitors and film companies were willing to let it go, the original expansion plan naturally stopped. However, what Blockbuster will do next is actually to nibble away. Offline stores will continue to nibble away at the physical business that will inevitably shrink with the development of online leasing. In the end, it is likely that only Blockbuster will be left, while the online business will continue to grow. Growth, eating away at the market share of other entities leasing.

Perhaps ten years later, when physical leasing completely loses its competitiveness and Blockbuster’s own online business begins to erode its own offline, it will be time to end physical leasing and shift from online leasing to streaming media.

That is another industrial revolution.

Moreover, the measure of all this is actually very simple, profit.

For commercial activities, profit is the foundation, and a business that does not make money will inevitably be difficult to last. If the efficiency is achieved to the extreme, and the physical store still no longer makes money, it is time to give up. Likewise, when online mail rentals are no longer profitable, it's time to switch to streaming entirely.

In addition to the Blockbuster matter, there is another matter from Asia that caught Simon's attention today.

The Korean won appreciates.

When Simon was in Seoul, he finalized the strategy with Chen Qing in a video call. Over the past week, several Wall Street financial giants such as Cersei, Citigroup, and Goldman Sachs have thrown out a series of news such as 'South Korea's economic recovery is strong', 'South Korea's import The analysis report of "export recovery exceeded expectations" and "Korean won exchange rate deviates from the fundamentals of the Korean economy".

After this foreshadowing, during the day in Asia today, several teams including Cersei Capital and Quantum Fund joined forces to start operations in the three major markets of Korean stocks, bonds, and foreign exchange at the same time, using more than 5 billion US dollars of funds at one time, causing The Korean financial market rose across the board, and even led to the rise of the entire Asian financial market.

As of the close of trading in the afternoon local time, the Korean won-dollar exchange rate, which Simon is most concerned about, soared from 1634 to 1 before today’s opening to 1576 to 1. After nearly a year, it returned to the 1500 range, with a single-day increase of 3.6%. The foreign exchange market is different from the stock market. Under normal circumstances, the rise and fall of a currency in a single day is one-thousandth or even one-ten-thousandth. It is obviously abnormal for the Korean won to rise by more than 1% in a single day, or even as high as 3.6%.

Therefore, not only was the South Korean side panicked for a while, Simon had a video call with Chen Qing who was in Hong Kong in the afternoon, and a certain girl had to admit her mistake.

This operation is a bit too much.

Moreover, in fact, it was not a strategic mistake here, but the team there just didn't expect it, probably due to the continuous blowouts in the past few days, today's wave of operations attracted far more capital to follow suit than expected.

After all, Simon's request is to promote a 20% rise in the Korean won in three months, not just a few days.

According to today's 3.6% single-day increase over there, heavy

In five trading days and one week, the Korean won can appreciate by 20%.

In any case, it was a mistake.

Chen Qing also judged that, in addition to the wind blowing a few days ago, there may be reasons for the early leak of news. After all, there are too many eyes staring at any operation of the Westeros system.

Chen Qing also assured Simon that the weekend would be re-planned to avoid what happened today from happening again as much as possible.

Moreover, since the signal has been sent out, the market may actively push the Korean won up without the need for too many operations in the Westeros system.

This is also easy.

In the end, Simon just reminded Chen Qing not to run away, and it would definitely not work if it was too high.

At the end of the day's work, in the evening, Simon took Nancy Brill to fly to the San Lucas estate in Baja California, Mexico. The executives of the little girl are always yelling that someone murdered her in bed, but since the relationship is confirmed, they are very proactive when they want it. After the meeting about Blockbuster in the morning, they brought it up, and it is inevitable to complain that someone is not enough. considerate.

As usual, Simon countered that a woman is difficult to support, but of course he agreed.

For this reason, I temporarily changed the entertainment that was originally arranged on Friday night.

The thing is in China. Chen Qing mentioned it to Simon in an email a few days ago. Starting from November 2, "Legend of Sword and Fairy" will be trial-broadcasted on the regional terrestrial wireless station Beijing Life Channel. The ratings are all the way up. Within a short period of time, the ratings of "Sword" in Beijing reached 40%. It is expected that the highest ratings will reach 60-70% after the broadcast is completed, repeating the grand occasion of last year's "Han Zhu Ge Ge".

Simon fully expected this.

Then, on a whim, when she wrote back, she asked Chen Qing to pack and airlift a certain little girl who was going to become famous with "Sword of Immortal Sword" over by air, for weekend fun.

Thinking that one is not enough, I simply asked for the complete trio of returning pearls.

Now, since the petite executives complain that Simon is not considerate enough, the plan can only be changed.

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