Seasoned Chicken
“Netflix currently has a market cap of $60 billion, with a stake of around 27%.”
Joanna reported right away. Strong in numbers, she kept her mind in mind about important investment destinations.
The stock has been steadily collecting since the beginning of last year, when the stock price was in the high $40s, and now it has risen to $120, showing almost three times the profit.
“Is Netflix in Korea?”
This time, another employee of the investment department was called and asked. There is always a person in charge of marking an investment like Netflix.
“yes. We entered earlier this year.”
“What content was produced in Korea?”
“I understand that Korean director Bong paid for the production of a new movie.”
Netflix’s success with Korean-related content is only a few years from now.
He was still interested in investing in one movie and producing a few dramas.
“I have something to ask of you, can I contact you?”
“Sure. One phone call is enough to speak to Reed Hastings.”
Although most of the stocks are held in the form of derivatives through various investment institutions, they do not have many shares on their own.
“I think it would be good to make at least one program related to Korean cuisine. After all, since we’ve entered the Korean market, shouldn’t we need content that suits the tastes of Koreans?”
“I think I can understand that too.”
“I wish I was a professional who focused on Korean food trucks that are popular in America rather than just Korean cuisine.”
Exporting the food Koreans eat out of Korea is of little interest to Americans or Koreans alike.
However, food trucks operating in each city in the United States would be a much more interesting topic for both Americans and Koreans.
It is good that Americans can taste the food they saw at the show directly at a nearby food truck, and it is good that Koreans can feel proud of Korean cuisine that has entered the United States.
As Netflix, it is meaningful to make a show to commemorate the entry into the Korean market and to please Koreans.
In the end, if the show could be a success, it was a good project for everyone.
“It’s a question of how successful it will be.”
Monica, who was listening, said something.
On the media side, she is much more professional.
“If possible, it would be better to hire a well-known actor or singer.”
“I will.”
Eugene immediately agreed.
“If possible, I would like to have a person who is interested in Korea.”
It can be said that Eugene’s influence in Hollywood is greater than in Wall Street.
Among the successful films that have been released since the end of last year, there are very few films that Eugene did not reach.
Both the filmmakers and the actors came in contact with Eugene from time to time to get a picture with Eugene.
Not just to get production support, but because there is a guarantee that the movie that caught Eugene’s eyes would be a success.
So, if Eugene asks if she wants to appear on a cooking show she is interested in, no one is sure to say no.
“It would be nice if it was Tom.”
He always thought of a handsome actor who was sincere and had a good personality. He has been popular in Korea for decades, so Koreans will like it.
“Let’s see the schedule.”
Monica takes notes right away.
“And we put in one star guest every time. For example, for the first episode, Ariana would be good.”
Anyway, I choose according to Eugene’s taste.
“If the cast is that luxurious, the ratings will be guaranteed. But I don’t know if you’d be willing to use that top star on a food show.”
The problem will also be the cost of the show.
If it is a TV show star, it can be done at the level of 1 million dollars per episode, but if it is a movie star, the unit will be different.
“If necessary, you can also support the production cost.”
“I don’t think it would be bad for the boss to appear as a guest himself.”
Monica made an opinion.
“When the boss comes out, the ratings in Korea are guaranteed.”
Joanna, who was well aware of Eugene’s popularity, agreed.
“Then it would be better to add that food truck a few days ago.”
The kimchi fried rice tacos were so good that Eugene thought of this business.
If the program is promoted, of course, I plan to put it on the New York side, and Eugene herself is worth considering eating it.
“Then all problems will be solved.”
Joanna nodded her head. It may be a huge program worth tens of millions of dollars, but considering the cost of a hobby used by the world’s richest man to cater for the world’s richest people, it’s not too burdensome.
Of course, it was still just a discussion at the level of an idea. In fact, it’s unclear what will happen after negotiations with Netflix.
Moreover, Eugene was not a person who was arguing with the decision of the working group.
Eugene is not an expert on TV shows, nor does he know what it takes to be successful.
It is the same in any field. When management gets involved in every little thing, the boat goes to the mountain.
Therefore, Eugene had the opinion that it would be better to leave it to experts after giving out her opinion.
After an internal exchange of opinions, it was decided to send a request to Netflix.
“Apart from Netflix, which TV station has the highest ratings for cooking?”
If you are just starting out, you should do it right. Through a lot of experience, Eugene is very well aware of the importance of semolina to succeed in anything.
“The food network is the most popular.”
On the media side, it’s better to ask Monica.
“Most of the households watching cable TV are watching the food network, so you can say that there are more households watching than Netflix.”
“I don’t have a stake in it… … What is the governance structure there?”
Unfortunately, we do not have, nor do we intend to have, a stake in such a small and medium-sized broadcasting company.
“Food Network is a subsidiary of Discovery Channel and Nexta Media Group. Discovery Channel has 66% and Nexta 33%.”
“It’s Discovery… … .”
I remembered that Discovery would merge with Warner Bros in the next few years.
“Let’s increase our stake on the Discovery Channel side.”
“Isn’t it to promote Korean cuisine?”
Joanna smiles and asks.
“How delicious Korean food is.”
“Well. Also, the crab was very good. But if we put crab on TV, people will be very upset.”
“If you come out with wild octopus or gaebul, some people might pass out.”
Many Americans seldom touch seafood.
I barely enjoy prawns or crabs, but hearing about live crabs or prawns tossed in the seasoning will make me really mad.
“The chicken was good too. Especially the variety of seasoned chicken.”
Joanna was taking out the food she ate when she visited Korea one by one.
“I also like Korean BBQ chicken.”
Monica also intervened. Korean-style marinated chicken, which is sometimes ordered and eaten, was loved by office workers.
“It feels like there is a fire inside after you eat it, but it’s the best when you eat it.”
For Koreans to eat, it is just spicy chicken, but to the people here, it seems like a hell of a fire.
Of course, for those from Mexico or below, it’s just a sweet dish.
“Then that would be good. Making a Korean-style seasoned chicken program is also a good idea.”
Judging from the reactions of the women, it seems that seasoned chicken is the most accessible Korean dish.
Unless it is a large city where many Asians live, I think it would be better to attack chicken, which is not very objectionable to them, rather than introducing rice dishes, a staple of Koreans, to Americans who have never eaten rice. it costs
However, this is still at the level of an idea. I decided to think a little more about this.
First, the conditions for influencing the food network must be satisfied.
“We also bought the Nexta Media Group to some extent.”
“Are you interested in Fox TV, Time Warner or Newscorp?”
Joanna was wise enough to quickly recognize that Eugene was buying various media stocks to influence the media.
If you are simply promoting Korean cuisine, there is no need to invest.
Meeting their executives, having a meal together, and socializing a little is enough to make an impact.
“For the next three years, let’s hold 20% of the major media shares.”
Eugene does not know the stock prices of these media companies. In his past life, he has never paid much attention to him.
They just know that such media companies are constantly changing through mergers and acquisitions or spin-offs.
For that reason, it has not been investing in media companies until now. Because right now it was much more important to have enough capital.
But now that a little leverage can move $1 trillion of capital, the position is different.
Eugene is envisioning a huge protective device to protect herself. You have to support yourself in politics, relationships and the media.
It’s not urgent right now, but I plan to calmly secure a majority of shares in the US mainstream media and exercise sufficient influence in the future.
“What about Korean food franchises?”
It’s not just a hobby for Eugene to spend a lot of money and put some pressure on Netflix management.
“The business potential of food trucks is much higher. Normal restaurants have too many difficulties to create a franchise. Most of them are run in a fist-fighting style, and there are not many menus that are particularly differentiated. They are satisfied with serving existing customers with similar dishes.”
This means that most of the restaurants still serve dishes mainly for Korean customers.
Food trucks, by comparison, have a lot more potential because they focus on local tastes.
“We are checking places with high business potential among food trucks.”
Finding a place to build a decent business isn’t going to be easy.
“Even if it’s not a food truck or a Korean restaurant, look for anything worth investing in a Korean business.”
Eugene immediately ordered the creation of a Korean-related business unit.
There are 2 million Korean Americans in the United States. Of these, 1.5 million are citizens, and the rest are Korean Americans with Korean citizenship.
A significant number, but less than 1% of the American population.
It is a very unfortunate situation for Eugene. I have no intention of going back to Korea and doing local business, so most of my business will be focused on the US.
So, it goes without saying that the more people actively supporting Eugene in the United States, the better.
However, there is no way to increase the number of Koreans right now, so I decided to consider a way to increase the number of companies and people who are successful in business in the United States as the next best solution.