Chapter 651

Mark ran, "Joe!" he was unhappy. Stewart opened and closed his mouth and kept going three ways.

Stewart had to say, "OK! Let's talk about you at the Kodak Theater. Many people think you do this on Oscar night, which is suspected of blaspheming the Oscar, and some members of the radical academy want to recover all your glory. What do you think?"

Mark said: "Kodak Theater actually belonged to MM's industry in December 2008. This must be wrong, but it's not blasphemy."

Stewart said, "do you regret doing so?"

Mark said, "of course, I paid for it."

Stewart said, "it's rumored that Harvey Weinstein uploaded the video, so you were angry and ruined the company. What's your response?"

Mark said: "the downfall of the Weinstein brothers is because they acted against the trend and made mistakes in strategic investment, not because of others."

Stewart said: "when it comes to investment, you are the investment expert praised by Wall Street. You have made many investments and achieved great success. After acquiring 10% equity of Time Warner, you will become the most powerful person in Hollywood."

At this time, a picture of Lord Black standing on the big characters of Beverly Hills Hollywood appeared on the big screen TV behind him.

Mark said: "this is just a normal investment, not seeking media hegemony. Although we are charitable funds, we also take profit as the first purpose. We will not do anything that violates the market law. This is only an investment. We will not interfere with the normal operation of Time Warner, let alone change the current pattern of Hollywood."

"For what purpose did you acquire Time Warner equity?" Stewart said

Mark said, "if Martin wants to sell, I'll buy it. You know my love for this industry. Many people worry that it will form a media trust. This worry is superfluous. It won't change anything?"

Stewart said: "but there have been rumors that you will all hold all the Time Warner shares in Davis fund. In this way, your family foundation will control mm group and Time Warner, which is the largest trust in the history of entertainment media."

Mark said: "first of all, I would like to emphasize that the Wang family fund has only a 31% equity interest in mm31. Even if it owns 30% of the shares of Time Warner, it can not talk about control. The board of directors and shareholders' meeting of time warner are not furnishings."

Stewart said, "that means you don't deny this rumor?"

Mark said: "as long as Martin is willing to sell, I will buy. My ability and specialty are limited to this industry and can only develop with all my strength."

"It seems that the divorce crisis has little impact on you," Stewart said

"Who said that?" Mark said, "I don't want a divorce, but Giselle insisted that it would hurt anyone."

Stuart said: "since you always think it's your fault, why not give in to Giselle on the divorce agreement? Your lawyer said he had rejected Giselle's request for half of the family property."

Mark said: "I earn a lot of money, but my income is all operated in the form of family fund, which means that the money does not belong to me, but belongs to the family fund. The share allocated from the family fund every year is mine. This part is not much, only a few hundred million."

Even if Mark was Stewart's boss, he couldn't help scolding: "this guy is so slippery!"

American family fund originated from the rich families in the gilded age, including Morgan, Rockefeller, Carnegie, Mellon, etc. it is a family office established to manage and inherit family assets.

In terms of purchasing power, these families are the real rich, while the assets of individual rich, such as Bill Gates and Buffett, fall far behind them. Two centuries later, although these families have no super rich, the total assets controlled by these families are still tens of billions. The main reason why these families can inherit for generations and beyond centuries is that their family wealth is centrally managed through family funds.

The first family fund in the United States was Rockefeller's family office. John Rockefeller divided his assets into several parts after accumulating a huge oil wealth (Forbes estimated that it was worth more than $600 billion in 2008).

"In other words, even if there is no prenuptial agreement, Giselle won't get much money if she insists on divorce," Stewart said

Mark said: "I hope she can forgive me, stay in the family fund and participate in the management of these assets. This is the best result."

Stewart said, "have you talked to Giselle?"

Mark said, "she refused to talk to me. I haven't seen Martin and Margaret in half a month. It's terrible."

Stewart said, "have you done anything to save your marriage?"

Mark said, "because Giselle refused to see me, we had to go through a lawyer. I had to go to church to confess and confess."

Stewart said: "it's not enough and informal. You should see marriage counseling. Marriage is a sacred thing and everyone should be careful."

Mark said, "I'm not the one who wants a divorce."

Stewart said, "it was you who cheated."

Mark said, "you seem to have forgotten who paid the salary."

Stewart said, "you're my boss, but you can't change your character as a scum man."

Mark had to say, "OK! You make me feel like I'm sitting in the moral court, not in the today show studio."

Stewart said: "when we return to the wartime stake in the acquisition of the Wang family, Time Warner has been in constant trouble for several years. Since the Internet technology bubble, the market value has not recovered. What prompted you to invest in it? I mean, do you have plans to make it profitable?"

Mark said: "who dares to say that investment can make a profit? You only see my success cases, not failure cases. Generally speaking, failure is more than success. Investing in industry is not investing in the stock market. It is unrealistic to get a return in the short term. After stripping the bad assets of American online, the profit and income of Time Warner Group is stable."

Stewart said, "you've been preparing for this big move these days?"

Mark said: "This is just one of them. When you have more than 100000 people waiting for dinner, you won't let your wallet shrink. In fact, large companies have its difficulties. The box office is increasing year by year, which is worthy of a historic breakthrough of 10 billion, but the real revenue of film companies is decreasing year by year. Taking Weinstein film industry as an example, they take the film box office and DVD market revenue as the main revenue, which The situation of making ends meet appeared. The box office increased because of the inflation. According to the data provided by the data company, the number of film viewers decreased year by year. "

Stewart said, "people need leisure and entertainment. This is where the disappeared people go."

Holding a Pingguo mobile phone, Mark said: "What's this? You'll say it's just a phone, but I can tell you that it can be a mobile terminal. You can watch movies, enjoy music and read here. More and more people choose this way of life and leisure. Telecom enterprises and Internet enterprises are returning strongly. They compete with Hollywood in the form of streaming media, and they are gradually controlling it As a channel of streaming media and an emerging market, the future pattern of Hollywood will change. We will remain unchanged, and the market will force us to change. "

Stewart said, "what is your strategy?"

Mark said: "We can't compete with telecom companies for channel advantages, but they can't compete with us in terms of content. We plan to expand our advantages in content production, integrate more resources, produce more content, make small profits and sell more. In addition, we will vigorously develop surrounding markets, open theme parks and the big world, so as to synchronize online and offline, and integrate leisure and entertainment life 。”

Stewart said, "it's true or false. You're not afraid of competitors to know?"

Mark said: "this is a country with capital. It can only do this with sufficient resources and capital. At present, there are only five groups with the same resources. Maybe they become four or six under the impact of the market. Who knows? But as the head of the film company, if you can't see the crisis in front of you, you can't escape the elimination of the market."

Stewart said: "ha ha! Although mark is a film and television producer, he is also an expert in investment. It is unprecedented to build a media empire in six years. This is golden advice!"

Mark said, "I'm flattered!"

Stewart said: "you are an expert in guessing the market. You can see from your films that you can always produce films and television works that are popular with the audience and the market. How can you do this? Once or twice can be said to be luck, and three or four times is strength."

Mark said: "I'm just the person in charge of mm film and television production, which doesn't mean that it's all my production. We have the best team, and nearly 10000 people serve for it. This is the strength of the collective team.

Stewart said, "Your Dark Knight swept $1.25 billion around the world. This is the fourth blockbuster with a global breakthrough of $1 billion. Are you sure to break this record?"

Mark said: "records are used to break through. If you don't give yourself a little pressure, you won't have the motivation to move forward."

Stewart said, "but the film history record of Titanic has been kept for ten years!" he meant you blow it? The record is used to break. People have been waiting for ten years, why don't you break it.

Mark said, "that's James Cameron, the king of the world. His record is not broken."

Stewart said, "you're very pushy about the pop king on the set?"

Mark said: "Cameron's extreme requirements for films have achieved his extraordinary achievements. Ten years ago, Titanic was a blockbuster that changed the pattern of the film market, and so is Avatar this year. Maybe only he can break his record, but he has a fatal defect!"

"What's the disadvantage?" Stewart said.