Reed Hastings of Netflix?

"Alexander, I shouldn't have any intersection with him?" Zucker asked while sitting on the sofa.

"Yes, you don't know Boss, whether it's Reed Hastings himself, Netflix, or even any shareholder of Nefix, and you don't have any social interactions," Alexander responded.

Zhuke nodded, smiled and said, "You let him in."

"Uh? Uh~"

Alexander was stunned immediately, but he quickly reacted.

In his impression, Netflix is ​​just a company that provides online DVD rental, with an overall value of just over US$130 million, especially affected by the Internet bubble.

Netflix and its losses in the first half of 2000 exceeded US$45 million.

The situation is very serious ~

Alexander has seen too many such companies.

"I wonder why boss is interested in Netflix?" Alexander muttered in his heart.

Most people don’t understand, but...who made Zucker a time traveler?!

Is Disney Group awesome?

In 2018, it will also acquire 20th Century Fox, one of the top six Hollywood players, with an overall market value of more than US$200 billion.

But... in 2018, Netflix surpassed Disney Group!

...........

"Hello, Mr. Wald, I am Reed Hastings of Netflix, and I am very honored to see you!"

Reed Hastings, who had just entered Zucker's office, was very polite and did not have the arrogance he had on weekdays.

That's right, Reed Hastings is a bit arrogant and has a bad temper.

But here, does he dare?

His choice is to be respectful.

Zucker glanced at Reed Hastings and said, "Our time is precious. Tell me what you want, sir."

"OK!"

Upon hearing this, Reed Hastings solemnly said: "Mr. Wald, your Wald Pictures now owns a film copyright library, with more than 2,000 films. IMHO, except for the films produced by your company, it is quite popular in the market, but what about other films?"

"Well, your company's copyrights of more than 2,000 movies are all acquired through acquisitions. It can be said that it is uneven. It can even be said that most of the videos have failed to release videotapes and DVDs offline."

"This is definitely a considerable loss for your company!"

"And the purpose of my arrival this time is to win the offline distribution rights and distribution rights of this part of the movie."

The words fell.

Zhuke: "…..."

Alexander's eyes lit up. He thought Reed Hastings's advice was very good!

First of all, you need to understand one thing!

In the United States, the world's largest offline DVD and video tape distributor and leased company, Blockbuster, has a principle that it mainly focuses on popular videos.

The most time is that it will be released in the theater market!

In other words, more than half of the movies produced by major American film companies every year have failed to enter the theater market. Even more than 35% of the movies are not qualified to make video tapes and DVDs.

"Alexander, how many of the videos in our Wald Pictures library have not been released offline?" Zucker turned to ask.

Alexander pondered for a moment, then whispered to Zucker: "Boss, there are at least 1,500 movies in the film library, and there is no offline sales."

More than 1,500 pieces?!

I have to say that the quality of Wald Pictures’ film library is really bad!

To be precise, the quality of Wald Pictures' library is one of the worst among major Hollywood film companies. More than 1,500 films that have not been released and sold offline are like garbage.

"Mr. Wald, Mr. Alexander, I came with Netflix's sincerity. We are willing to take over this part of the film resources and promote them all to the offline market." Reed Hastings said.

Alexander was a little moved.

After all, no matter how small a mosquito is, it is still a piece of meat.

1,500 videos that have not been released and sold offline can be completely utilized by waste, so I am naturally happy that I am not too late.

However, Zucker shook his head!

"I'm sorry, I refuse!"

One stone stirs up a thousand layers of waves~

As soon as he finished speaking, Reed Hastings' confident face disappeared instantly, turning into astonishment and disbelief.

"Why?!" Reed Hastings asked loudly, bounced from his seat.

Zhuke immediately narrowed his eyes and whispered: "Do I need to tell you the reason?"

Reed Hastings' pupils shrank and he hurriedly said, "Sorry, I'm sorry, I've lost my composure."

At this moment, Alexander, who was a bystander, was filled with doubts.

reject?

Isn’t this obvious that you don’t make money?

Alexander followed Zhuke for a long time. He knew Zhuke very well and knew that Zhuke was the kind of owner of a piece of meat no matter how small the mosquito was.

"Boss, why would he refuse?" He didn't understand yet.

At this moment, Reed Hastings was a little depressed. He couldn't figure out what he was sure about, so how could the talks collapse?

Zucker suddenly said: "Mr. Hastings, Wald Pictures's film library copyright, I'm sorry that I can't reach a cooperation, but I am interested in investing in your company Netflix. I wonder if there is such an honor?"

“……”

Reed Hastings was stunned.

If the cooperation fails, he should invest in Netflix instead. He is a little difficult to understand Zhuke's brain circuit.

Netflix, one of the world's largest streaming giants in the future, has more than 100,000 film copyrights, and its homemade "House of Cards" film and television series is even more popular all over the world.

Moreover, the Film Association (film review, grading) committee, which symbolizes the supremacy of Hollywood films, will also receive a seat in 2012.

You know, seats are good things, they are the private places of Hollywood's Sixth National Congress and MGM, and other film and television companies have always dreamed of and unavailable.

"Invest in a share?"

Reed Hastings immediately smiled and said, "I welcome you with your share in Netflix, Mr. Wald, but you know, it's true that I am the founder, but the company's investment is decided by the board of directors."

Zhuke understands it very much.

Reed Hastings is the founder of Netflix, but after several rounds of Netflix expansion, his shareholding ratio has been diluted to only 10%.

In 2020, he only had just over 1% of the shares of Netflix.

Of course, this is very common in listed companies in the United States. Not everyone is Bill Gates and Jeff Bezos, who can hold many shares tightly.

.........

The next day.

Zhuke received the news that Netflix's board of directors refused to accept Zhuke's investment and investment.
Chapter completed!