Chapter 868 Rebellion
[PS: The automatic update of the settings, but it was missed yesterday, I am speechless!These two chapters are from yesterday, I will make up for you]

"Sir!" Hastings looked at the old man in front of him respectfully. Hastings was originally born in finance, and the old man in front of him was undoubtedly a god-like existence in the eyes of all financial investors. The fate of countless companies in the United States can even reverse the direction of the entire country to a certain extent, and it is an existence that one must respect.

"I don't like yellow cranes!" The old man said straight to the point. Hastings was taken aback, and then said with a wry smile, "Sir, after all, Mr. Huang is my investor, so it's inconvenient for me to comment!"

"Netflix must leave the control of Jiangnan Group in order to have a longer-term development!" The old man went on to say, "If my predictions are not bad, Huang He's next step should be to use his Los Gatos TV station to annex it. Your Netflix is ​​gone!"

"How is this possible!" Hastings was stunned for a moment, and then he heard the old man continue to say, "I know your next development plan is to launch a streaming media platform through the Internet, then get rid of the disc rental business, and transfer directly to Video sites to provide high-quality video services, I am right!"

"Yes!" Hastings' face was a little pale. He thought he was so smart about Netflix's future development plan, but now it seems that others have already seen through it.

"But the future path you imagined, Huang He is already using the Los Gatos TV station to do it!" The old man said with a smile, "Now his Los Gatos TV station has launched its own video website, although it is in name. Internet TV station, but all the TV resources he used to broadcast are all placed on the Internet, and users can order them at will."

"As this TV station continues to broadcast more videos, the resources in his resource pool will increase! By the way, I heard that Huang He also transferred all the resources in the Internet fee resource pool, right? These resources must have all been loaded into the resource library of Los Gato TV."

"Finally, Huang He also plans to spend more than 10 billion US dollars to purchase and build more TV resources, which can continuously enrich the resource pool of Los Gatos. I think it will take a few years for Los Gatos TV to transform itself. , what became the Los Gato Film and Television Center, isn’t it exactly the same as the future Netflix you envisioned?”

"We are also a subsidiary of Jiangnan Group. Jiangnan Group should not cause business conflicts between the two companies!" Hastings said with a stiff expression.

"This is easy to solve, as long as the two companies are directly merged in the future, Netflix is ​​directly merged into Los Gatos TV, or Los Gatos TV is merged into Netflix, it doesn't matter, anyway, Los Gatos Yellow Crane is a circle Holdings, and Netflix is ​​60%, after the merger of the two TV stations, he will control more shares!" The old man said with a smile.

"No, he has no right to do such a thing. The control of the company is in my hands!" Hastings couldn't help but said, "We have signed a contract. No matter how much equity Huang He holds in his hands, the company's The right to operate is in my hands. As long as I refuse, he will not be able to interfere with any decision-making of the company, nor will he be able to expel me from the positions of chairman and president. As long as I do not nod, no one can let the Internet Fly and merge with other industries!"

"But Huang He has the right to let Netflix refuse to accept anyone's investment, and refuse to go public with Netflix, etc. He has the right to refuse any financial business related to Netflix. You only have the right to operate the company, which is also reflected in the It's in the contract between you two!" The old man's words made Hastings' expression change instantly.

This point was indeed clearly written in the contract, and Hastings didn't feel that there was anything wrong with it at the beginning.Because if Huang He handed over the financial rights and daily management rights to Hastings alone, then Huang He would lose the right to supervise the company, not to mention meddling in the management of the company.

Hastings has the right to use various financial means to dilute Huang He's shares in the company, or directly transfer various properties of the company. To put it bluntly, as long as the financial rights are also handed over, then as long as Ha Stings' various methods were rigorous enough, and he was able to reduce Huang He's shareholding to less than 10%, and then directly kicked Huang He out of the board of directors.

If Huang He wanted to divest, he would only need to turn the company's assets into negative equity, and all of Huang's investments would be in vain.

Therefore, when any investor signs this kind of agreement that will never interfere with the management rights, they will never hand over financial control rights. Any plan that Hastings wants to raise funds or go public must get Huang He Only if it is approved by Huang He, otherwise the company really does not belong to Huang He.

Hastings was also very aware of this at the beginning, so he didn't think there was any problem with this clause in the contract, but now that the old man said it, Hastings found that he was directly tied by this clause.

"As long as Huang He refuses to inject any more funds into Netflix, and at the same time refuses Netflix to obtain funds through other means, will your Netflix have room for development in the future?" the old man asked rhetorically.

"Netflix is ​​still profitable, and those profits are within my control!" Hastings insisted.

"Well, although I don't know how you make a profit through accounting, your profit last year was only $1 million, right?"

"Have you ever thought about how much copyright fees and content production costs will be required if Netflix is ​​to enter the era of online streaming media?"

"Your Netflix is ​​now able to support the huge DVD rental market because according to the law, buying DVDs and then renting them out does not violate copyright restrictions. So you can buy various TV movies published by various companies at will. DVDs and rent them out to your members, it's all legal!"

"But once you enter the era of online media, you need to put all the content in your network server and then provide it to all users to watch. Then you can't use the method in the DVD era, you have to send each content The production company buys the copyright of their content, and then it can be played in your library!"

"Have you ever wondered, how much video content do you need to add? How much video content can you buy for $1 million?"

"Yellow Crane's 24-episode TV series version of Gone with the Wind, that was finally sold for a high price of 1.4 million US dollars!"

"Of course, your original idea is very good. You can rely on the video culture resources under the Jiangnan Group to develop yourself for free. But now that Huang He has established Los Gatos TV Station, I believe that these resources will be injected into Los Gatos TV Station in the future. body."

"Your only option is to let Netflix and Los Gatos Television merge, but in this way, Huang He will never let you still control the management rights of this new company after the merger. You may still be the company Your CEO, but Huang He will inevitably insert countless of his confidantes into the company, intervene in your management, and make all your usual little tricks of hollowing out the company come into effect!"

"Sir..." Hastings was already sweating profusely at this time, because he found that what the old man was talking about was his own future. If he were Huang He, he would definitely do this!

"It seems that you have come to your senses, so follow me! Actually, I am also very optimistic about this future. I also want to invest in a future network streaming platform. The helm of this platform, I think you are the most Appropriate!" The old man said with a smile.

"Thank you for your kindness, sir, but you also know that I don't have the company's financial authority, and Huang He probably won't agree to allow Netflix to accept financial capital injection!" Hastings said helplessly.

"Son, what do you think is the most valuable item on your Netflix?" the old man asked.

"This is our user, of course!" Hastings said without thinking, and suddenly realized what the old man meant.

Although from the perspective of assets, the most valuable thing about Netflix should be the tens of millions of DVD discs in his hands.

But in the era when DVD discs will be abandoned sooner or later, the most valuable is undoubtedly Netflix's 600 million users.So Hastings only needs to find a way to separate these 600 million users from Netflix, and then transfer these users to a new company. Then this company will actually receive all the assets of Netflix, which is equivalent to The golden cicada has shed its shell.

"But sir, it's too difficult to take out these 600 million users, and the cost of breaking the law..." Hastings hesitated.

"What's so difficult about it? At least in Huang He's eyes, this matter is very easy, you just need to learn his operation and do it!" The old man said with a sneer.

"..." Hastings was a little confused, saying that he didn't understand, so the old man could only explain helplessly, "Is Huang He going to give all Netflix users an Internet TV box as a gift?"

"That's right! It's just that the supply is insufficient now, and only 50 boxes have been delivered!"

"That's right, when he gives all Netflix users his Internet TV box as a gift according to Netflix's user directory, wouldn't that be equivalent to wasting all the users and all of them will become Los Gatos TV stations?" Are you already a user? The information of your 600 million users has also been directly transferred from Netflix to Los Gato, and it has been firmly controlled by Huang He himself!" The old man said lightly, and Hastings Instantly, his whole body was icy cold, and at this moment, he felt infinite terror.

"So, you can follow suit. I'll teach you the easiest way, you can start a fast food delivery company, and then let the fast food delivery company cooperate with KFC, and then cooperate with Netflix under the name of KFC .We offer free fried chicken to all Netflix members for renting DVDs!"

"I don't think any member will refuse this event, but it is accompanied by the fact that members of Netflix must register as a member of this fast food delivery company at the same time, and at the same time bind their own credit card to enter this delivery company, only in this way Only then can I get a fried chicken set meal. In this way, all Netflix members become members of this fried chicken delivery company!"

"Afterwards, you can leave Netflix directly, then enter this fast food delivery company, and then directly transform this company into an online video service provider. Then all the registered members before will all become this new company. Are you a member of the online video platform?"

The old man said with a blank face.

(End of this chapter)

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