In 1999, the North American film market reached a box office of 7.3 billion dollars, with a growth rate of 9.6%. It was thriving, with Dawn Universal firmly holding the top spot and overshadowing the other six major film groups.
Although DreamWorks was a newcomer, it was full of vitality and showed every sign of challenging Hollywood's traditional seven major powers, setting its sights on Hollywood's eighth seat.
Wall Street technology stocks remained red-hot, bringing a great deal more hot money flooding into Hollywood. Together with European capital, Hollywood's entertainment industry entered a period of rapid growth.
As Hollywood entered the new millennium, backed by capital and boosted by technological innovation and other external forces, the market continued to expand!
At the same time, CBS Television under Dawn partnered with McGraw Hill Companies, with each investing 180 million dollars to establish CBS Business Channel. Each side held a 50% stake.
Not only that, CBS Family Channel, created by CBS, officially began broadcasting. Dawn integrated CBS Group and also brought the former AMC Cable Network and Starz Premium Channel into CBS Group.
As a result, CBS Group became a major broadcasting and television network group encompassing CBS National Broadcast Network, National Infinite Radio Station, AMC Basic Cable Network, Starz! premium cable channel, TNN, CMT, and EOP Entertainment Network!
Since Dawn acquired Marvel Comics, it had gained animated series in the children's and family market. Now that it owned CBS Television, creating CBS Family Channel to compete for the children's market was only natural.
It could not let Disney Channel and Viacom's Nickelodeon have the spotlight all to themselves.
Next, CBS chairman Mel Kamins had a heavy responsibility ahead of him!
Santa Monica, on a sunny morning, Aaron sat on the sofa in the villa with Liv Tyler in his arms.
"Hmm,