1 00:00:06,519 --> 00:00:11,000 Speaker 1: Welcome to Strictly Business Varieties, weekly podcast featuring conversations with 2 00:00:11,080 --> 00:00:15,080 Speaker 1: industry leaders about the business of entertainment. I'm Cynthia Littleton, 3 00:00:15,320 --> 00:00:18,840 Speaker 1: business editor for Variety Today. My guest in Los Angeles 4 00:00:18,920 --> 00:00:23,000 Speaker 1: is Chris Abrego, CEO of endemol Shine North America and 5 00:00:23,079 --> 00:00:27,640 Speaker 1: chairman of Endemol Shine America's. Chris oversees the company's busy 6 00:00:27,760 --> 00:00:30,560 Speaker 1: US arm that is based in Los Angeles and home 7 00:00:30,640 --> 00:00:34,960 Speaker 1: to such series as Big Brother, Master, Chef, Dealer, No Deal, 8 00:00:35,120 --> 00:00:38,000 Speaker 1: and The Biggest Loser, just to name a few. A 9 00:00:38,040 --> 00:00:41,479 Speaker 1: few years ago, Chris realized there was a burgeoning opportunity 10 00:00:41,520 --> 00:00:44,839 Speaker 1: to sell shows in Mexico. That set him on a 11 00:00:44,880 --> 00:00:48,600 Speaker 1: path to change the purview of his programming team to 12 00:00:48,720 --> 00:00:53,040 Speaker 1: incorporate Spanish language content development right alongside their work on 13 00:00:53,159 --> 00:00:57,320 Speaker 1: English language projects. Many staffers even took Spanish classes to 14 00:00:57,360 --> 00:01:01,320 Speaker 1: get up to speed. In our interview, Abrego discusses his 15 00:01:01,360 --> 00:01:05,200 Speaker 1: background as a producer Endamal Shine bought his fifty one 16 00:01:05,319 --> 00:01:08,520 Speaker 1: Minds production banner in two thousand and eight, and how 17 00:01:08,560 --> 00:01:11,880 Speaker 1: that background has helped him manage through peak TV times. 18 00:01:12,840 --> 00:01:15,399 Speaker 1: One topic Chris was not able to address at the 19 00:01:15,440 --> 00:01:18,479 Speaker 1: time we spoke was the acquisition of endemol Shine by 20 00:01:18,520 --> 00:01:22,480 Speaker 1: France's Banajet Group, as that deal has not formally closed, 21 00:01:22,880 --> 00:01:25,000 Speaker 1: but he has a lot of interesting things to say 22 00:01:25,000 --> 00:01:29,760 Speaker 1: about the way to think about a truly global television economy. 23 00:01:30,160 --> 00:01:33,360 Speaker 1: Take a listen. You have approached the Spanish language in 24 00:01:33,360 --> 00:01:35,800 Speaker 1: the Latin American market in a different way than other 25 00:01:35,920 --> 00:01:39,880 Speaker 1: US based majors in terms of integrating it into into 26 00:01:39,959 --> 00:01:41,920 Speaker 1: all of your business and just looking at it as 27 00:01:42,040 --> 00:01:46,360 Speaker 1: one content business, one development business. Let's talk though, about 28 00:01:46,720 --> 00:01:50,160 Speaker 1: the origins of endemal Shine Boomdog and how how it 29 00:01:50,280 --> 00:01:52,280 Speaker 1: was that you came to have such a big operation 30 00:01:52,320 --> 00:01:55,400 Speaker 1: down in Mexican. You're absolutely correct, and thank you for 31 00:01:55,440 --> 00:01:58,960 Speaker 1: acknowledging that. And it's probably for a couple of reasons 32 00:01:59,040 --> 00:02:02,200 Speaker 1: that we've I've looked it different, uh, And the first 33 00:02:02,240 --> 00:02:04,320 Speaker 1: probably because it comes from a self interest, in a 34 00:02:04,360 --> 00:02:07,560 Speaker 1: personal kind of passion to want to be in that space, 35 00:02:08,080 --> 00:02:11,720 Speaker 1: and obviously being Latino and growing up in a bilingual 36 00:02:11,760 --> 00:02:15,120 Speaker 1: household and being first generation my parents are from Mexico, 37 00:02:15,639 --> 00:02:17,800 Speaker 1: and so growing up in a household where I actually 38 00:02:18,200 --> 00:02:21,399 Speaker 1: you know, lived the experience of seeing being in one 39 00:02:21,480 --> 00:02:23,320 Speaker 1: room depending on who I was spending time with At 40 00:02:23,360 --> 00:02:25,359 Speaker 1: the time of the house, if I was spending time 41 00:02:25,360 --> 00:02:28,440 Speaker 1: watching television with my dad, we were watching uh us 42 00:02:28,520 --> 00:02:30,600 Speaker 1: you know television of The Fall, Guy, Hill Street, Blues, 43 00:02:31,120 --> 00:02:33,680 Speaker 1: Different Strokes or whatever it might be. That's incredible, all 44 00:02:33,720 --> 00:02:37,799 Speaker 1: these great shows speaks to universal language six million dollar 45 00:02:38,080 --> 00:02:41,320 Speaker 1: of course UM. And then of course spending time with 46 00:02:41,360 --> 00:02:44,519 Speaker 1: my mom, who in the room would have on a 47 00:02:44,560 --> 00:02:46,840 Speaker 1: Spanish television would be all the traditional novae least we 48 00:02:46,880 --> 00:02:49,600 Speaker 1: would be on UM. So it was something that was 49 00:02:49,680 --> 00:02:52,680 Speaker 1: very organic to me UM. And when I it took 50 00:02:52,720 --> 00:02:56,440 Speaker 1: this role UM as the CEO of Animo UM and 51 00:02:56,440 --> 00:02:58,639 Speaker 1: then soon an Animal Shine. It was something that was 52 00:02:58,680 --> 00:03:01,720 Speaker 1: a priority to me six years ago, was to figure 53 00:03:01,760 --> 00:03:04,200 Speaker 1: out how to do content in Spanish. But I just 54 00:03:04,240 --> 00:03:06,200 Speaker 1: didn't want to just jump into it. We really wanted 55 00:03:06,240 --> 00:03:09,359 Speaker 1: to look at the landscape and knowing of what things 56 00:03:09,360 --> 00:03:12,760 Speaker 1: were happening and where things were headed. And so really 57 00:03:12,800 --> 00:03:16,000 Speaker 1: with with myself and Ben Sammick and Paul Jennings, we 58 00:03:16,080 --> 00:03:17,639 Speaker 1: really wanted to look at it and see how we 59 00:03:17,639 --> 00:03:20,200 Speaker 1: would take the approach UH and look at how other 60 00:03:20,240 --> 00:03:23,200 Speaker 1: companies said as you mentioned, had how they had taken 61 00:03:23,240 --> 00:03:26,120 Speaker 1: our approach to being in Latin America, specifically in Mexico, 62 00:03:26,680 --> 00:03:28,960 Speaker 1: and we realized that things were changing. You know, the 63 00:03:29,000 --> 00:03:32,679 Speaker 1: streaming business is obviously taken off, and the direct consumer 64 00:03:32,800 --> 00:03:35,720 Speaker 1: was was getting was something becoming more of a O 65 00:03:35,880 --> 00:03:38,560 Speaker 1: T T B O D. All these things were becoming 66 00:03:39,120 --> 00:03:46,160 Speaker 1: really important. Therefore, really seeing that the premium content was key. 67 00:03:46,240 --> 00:03:48,040 Speaker 1: So we knew had to take a different approach in 68 00:03:48,080 --> 00:03:50,520 Speaker 1: that sense, and so one of the things we did 69 00:03:50,680 --> 00:03:52,960 Speaker 1: was after getting to know other players in Mexico and 70 00:03:53,040 --> 00:03:58,680 Speaker 1: visiting with networks and distribution platforms, when we really started 71 00:03:58,720 --> 00:03:59,880 Speaker 1: to see that if we were going to do this, 72 00:04:00,440 --> 00:04:02,600 Speaker 1: the one way to do it was to truly treat 73 00:04:02,640 --> 00:04:04,400 Speaker 1: it exactly how we were doing our business here in 74 00:04:04,440 --> 00:04:08,160 Speaker 1: North America, which was premium content and find the best people. 75 00:04:08,600 --> 00:04:10,200 Speaker 1: And so we went we sought out to do that. 76 00:04:10,560 --> 00:04:13,160 Speaker 1: And the person we kind of first came across, what 77 00:04:13,200 --> 00:04:16,080 Speaker 1: was the guy named Alejandro Rinkon who was running boom Dog. 78 00:04:16,600 --> 00:04:18,960 Speaker 1: And that was the kind of gensis of meeting him 79 00:04:19,000 --> 00:04:21,640 Speaker 1: in Mexico City. And boom Dog was an existing production 80 00:04:21,680 --> 00:04:24,479 Speaker 1: company that had was starting to get real traction with 81 00:04:24,560 --> 00:04:28,159 Speaker 1: some very interesting shows. Correct. So A Leandro had a small, 82 00:04:28,320 --> 00:04:32,240 Speaker 1: real small business based in Mexico City. Um, and he 83 00:04:32,320 --> 00:04:34,680 Speaker 1: was already The thing that kind of flagged us to 84 00:04:34,839 --> 00:04:38,120 Speaker 1: him was he was doing already a lot of US formats, 85 00:04:38,160 --> 00:04:41,560 Speaker 1: so he was doing Ease, Fashion emergency, but in Spanish, 86 00:04:42,040 --> 00:04:45,159 Speaker 1: you know, he was had uh MD, which is a 87 00:04:45,160 --> 00:04:49,240 Speaker 1: community basically it's Mexican. John Oliver for HBO. HBO has 88 00:04:49,320 --> 00:04:51,720 Speaker 1: talked about that show made a real, real, real bill 89 00:04:51,800 --> 00:04:55,960 Speaker 1: weather for them about what is possible correct in other markets. Yeah, 90 00:04:56,080 --> 00:04:58,240 Speaker 1: and so Leandro already had this kind of gnat for 91 00:04:58,320 --> 00:05:02,680 Speaker 1: premium storytelling and production value. Um. And so one of 92 00:05:02,680 --> 00:05:04,640 Speaker 1: the things we started to do was figure out to 93 00:05:04,640 --> 00:05:09,119 Speaker 1: work together on a show by show basis and we 94 00:05:09,200 --> 00:05:10,960 Speaker 1: one of the first things we really did was Big 95 00:05:11,040 --> 00:05:14,440 Speaker 1: was we did granted Amano Big Brother for Telemundo and 96 00:05:14,520 --> 00:05:16,840 Speaker 1: obviously Big Brother is one of our flagship brands for 97 00:05:16,880 --> 00:05:21,360 Speaker 1: the group made an over you know, countries uh twenty 98 00:05:21,440 --> 00:05:23,280 Speaker 1: years in the making, so it came with a lot 99 00:05:23,320 --> 00:05:26,720 Speaker 1: of prestige. But in handing it to Alejandro, he made 100 00:05:26,760 --> 00:05:29,159 Speaker 1: he did exactly what all the other territories have done 101 00:05:29,160 --> 00:05:32,320 Speaker 1: and making this really high end premium cont that he 102 00:05:32,320 --> 00:05:35,080 Speaker 1: built the entire Big Brother house on the sound stage 103 00:05:35,120 --> 00:05:38,440 Speaker 1: where they were living over the production hounceers were and 104 00:05:38,600 --> 00:05:40,680 Speaker 1: a lot of the equipment came from the US, and 105 00:05:40,720 --> 00:05:42,600 Speaker 1: we did it live from Mexico into the US and 106 00:05:42,600 --> 00:05:44,320 Speaker 1: it was just a huge success and it was a 107 00:05:44,400 --> 00:05:48,000 Speaker 1: really good experience. But more so for me, I get 108 00:05:48,120 --> 00:05:51,800 Speaker 1: it showed me the level of production value and producing 109 00:05:51,839 --> 00:05:55,479 Speaker 1: skill set that Alejandro and his team had and that 110 00:05:55,680 --> 00:05:59,640 Speaker 1: was and that led to you acquiring boom So we 111 00:06:00,120 --> 00:06:02,960 Speaker 1: really gave us the confidence to look at it. By 112 00:06:03,000 --> 00:06:06,040 Speaker 1: the way, as the environment and the market was shifting 113 00:06:06,560 --> 00:06:09,320 Speaker 1: and these and you saw Netflix starting to spend some 114 00:06:09,320 --> 00:06:12,240 Speaker 1: time down there and other streamers and the audience because 115 00:06:12,279 --> 00:06:14,360 Speaker 1: the audience has always been there in that market, it's 116 00:06:14,360 --> 00:06:17,159 Speaker 1: not that it hasn't existed, but the year they're real 117 00:06:17,279 --> 00:06:22,440 Speaker 1: appetite for premium and contemporary storylines was really starting to 118 00:06:22,720 --> 00:06:26,720 Speaker 1: show itself and there wasn't being serviced and but so 119 00:06:26,760 --> 00:06:28,520 Speaker 1: we knew that we really wanted to make that investment. 120 00:06:28,520 --> 00:06:30,320 Speaker 1: So that's what we did when we acquired a boom 121 00:06:30,320 --> 00:06:32,960 Speaker 1: Dog and really solidified our our partnership which is now 122 00:06:33,000 --> 00:06:36,160 Speaker 1: ben I think over three years. And it's interesting because 123 00:06:36,480 --> 00:06:40,440 Speaker 1: your approach really kind of demonstrated that you know, if 124 00:06:40,480 --> 00:06:44,800 Speaker 1: you are producing Spanish language content. You can. You can 125 00:06:45,120 --> 00:06:47,560 Speaker 1: license it in the US to Spanish language outlets, you 126 00:06:47,560 --> 00:06:51,800 Speaker 1: can license it around Latin America. You can develop a 127 00:06:51,880 --> 00:06:54,440 Speaker 1: format in Mexico or in the Latin American country that 128 00:06:54,560 --> 00:06:58,279 Speaker 1: can you know, the finished episodes can travel, the format 129 00:06:58,360 --> 00:07:02,400 Speaker 1: rights can travel. It really is kind of an an 130 00:07:02,440 --> 00:07:06,039 Speaker 1: awareness and awakening as we've seen in a lot of 131 00:07:06,279 --> 00:07:08,719 Speaker 1: a lot of the international business that it really is 132 00:07:08,760 --> 00:07:13,040 Speaker 1: a global television business and that there is that there 133 00:07:13,160 --> 00:07:15,560 Speaker 1: is such a big market outside the US. I think 134 00:07:15,640 --> 00:07:18,160 Speaker 1: we've you know, for years this this business has been 135 00:07:18,240 --> 00:07:21,600 Speaker 1: very ethnocentric, very US centric, and it's we're gonna make 136 00:07:21,680 --> 00:07:24,720 Speaker 1: it in wild export it to the world, and that 137 00:07:24,720 --> 00:07:26,880 Speaker 1: that is just not the case anymore. It is absolutely 138 00:07:26,920 --> 00:07:28,240 Speaker 1: the case. And by the way, look I say, I 139 00:07:28,320 --> 00:07:29,960 Speaker 1: missed the good old days, and I'm talking about you know, 140 00:07:30,000 --> 00:07:33,440 Speaker 1: eight years ago, um when you really people weren't because 141 00:07:33,480 --> 00:07:37,000 Speaker 1: this market, in this US market was so huge that 142 00:07:37,040 --> 00:07:38,640 Speaker 1: You're right, a lot of people didn't care about the 143 00:07:38,640 --> 00:07:42,520 Speaker 1: global that there's complete other businesses and departments within companies 144 00:07:42,520 --> 00:07:46,040 Speaker 1: that handled international business. For these companies, it wasn't like 145 00:07:46,040 --> 00:07:47,960 Speaker 1: the people of the executives I was pitching here in 146 00:07:48,000 --> 00:07:51,440 Speaker 1: the US never got stuck on the international rights or 147 00:07:51,440 --> 00:07:55,280 Speaker 1: international positions or thought creatively. But it was something that 148 00:07:55,400 --> 00:07:58,280 Speaker 1: I started to realize early on because we had the 149 00:07:58,360 --> 00:08:01,680 Speaker 1: unique opportunity to own this real life. And when somebody 150 00:08:01,680 --> 00:08:04,720 Speaker 1: approaches about selling internationally, they would tell us, hey, you 151 00:08:04,720 --> 00:08:06,360 Speaker 1: know what I mean, if you guys could cast somebody 152 00:08:06,400 --> 00:08:09,960 Speaker 1: from Europe, you really would have a sell internationally. We're like, what, 153 00:08:10,560 --> 00:08:12,480 Speaker 1: And that's how, Like Bridgie Nielsen got on the show 154 00:08:12,680 --> 00:08:15,320 Speaker 1: and others. Every year we tried to put one somebody 155 00:08:15,320 --> 00:08:17,480 Speaker 1: from Europe on the castle that because we started to 156 00:08:17,560 --> 00:08:20,280 Speaker 1: understand that it would help sell it in other markets. 157 00:08:20,640 --> 00:08:22,960 Speaker 1: So I really started to get this this knowledge of 158 00:08:23,000 --> 00:08:26,040 Speaker 1: like not only you could create and sell it show 159 00:08:26,120 --> 00:08:27,840 Speaker 1: here in the US, but then how to create it 160 00:08:27,960 --> 00:08:31,480 Speaker 1: having value globally but really and then them all was 161 00:08:31,480 --> 00:08:34,600 Speaker 1: already doing that, and so a shine was there at 162 00:08:34,600 --> 00:08:38,480 Speaker 1: all a learning curve for for your team in terms 163 00:08:38,520 --> 00:08:41,600 Speaker 1: of doing business in Mexico, because I know you produce 164 00:08:41,640 --> 00:08:44,800 Speaker 1: a fair amount of shows in Mexico for Mexican broadcasters. 165 00:08:45,080 --> 00:08:50,679 Speaker 1: Were their traditions or or business business approaches, business templates 166 00:08:50,720 --> 00:08:52,920 Speaker 1: that were that were that are different in Mexico. Was 167 00:08:52,960 --> 00:08:55,400 Speaker 1: there any kind of you know, adjustment for them to 168 00:08:55,480 --> 00:08:57,920 Speaker 1: do that. It was a lot of It was a 169 00:08:57,920 --> 00:09:01,360 Speaker 1: big learning curve and both in both sides, meaning working 170 00:09:01,360 --> 00:09:05,199 Speaker 1: in Mexico for us, in understanding this process and spudgeting 171 00:09:05,720 --> 00:09:09,200 Speaker 1: because a lot of these uh free TV these broadcasters 172 00:09:09,640 --> 00:09:12,680 Speaker 1: really had you know, sizeable monopolies if you if you will, 173 00:09:13,040 --> 00:09:15,319 Speaker 1: in that in that territory in Mexico. So like a 174 00:09:15,400 --> 00:09:21,560 Speaker 1: Televisa who has literally a school for young people for 175 00:09:21,640 --> 00:09:24,920 Speaker 1: actors than to become actors on their TV shows, to 176 00:09:25,040 --> 00:09:28,240 Speaker 1: become deals. They get locked up and everything gets created 177 00:09:28,240 --> 00:09:30,880 Speaker 1: and made. I mean they three sixty the entire business 178 00:09:30,920 --> 00:09:33,840 Speaker 1: around a huge wall, like it was so self contained. 179 00:09:33,920 --> 00:09:36,760 Speaker 1: They really didn't need outside production companies. It's the old 180 00:09:36,800 --> 00:09:39,840 Speaker 1: studio you know, literally was the old studio system that 181 00:09:39,880 --> 00:09:41,840 Speaker 1: if you think in the old days when when talent 182 00:09:41,920 --> 00:09:45,160 Speaker 1: had contracts with paramounts and so forth, and MGM, he's 183 00:09:45,280 --> 00:09:48,840 Speaker 1: very much so, but this kind of disruption from streamers 184 00:09:48,840 --> 00:09:52,160 Speaker 1: and direct consumers really started to bust that up. So 185 00:09:52,240 --> 00:09:54,080 Speaker 1: for us, it was hard to find people right with 186 00:09:54,120 --> 00:09:57,000 Speaker 1: Alejander because with with this amount of demand also kind 187 00:09:57,000 --> 00:09:59,840 Speaker 1: of really strained on the resources for finding people. So 188 00:10:00,120 --> 00:10:02,319 Speaker 1: and then of course, the budgets, you know, the budgets 189 00:10:02,400 --> 00:10:06,520 Speaker 1: for local in Mexico were I mean for us working 190 00:10:06,559 --> 00:10:11,040 Speaker 1: in the US, we're massively different. Should just like shockingly 191 00:10:11,080 --> 00:10:14,080 Speaker 1: difference to US. I mean just the economic basis. It 192 00:10:14,160 --> 00:10:17,800 Speaker 1: makes sense, but but it's still an adjustment, correct. And 193 00:10:17,840 --> 00:10:20,600 Speaker 1: so we were we were doing well, We're things certain 194 00:10:20,640 --> 00:10:22,920 Speaker 1: certain things were costing an episode here in the US 195 00:10:23,760 --> 00:10:27,120 Speaker 1: for a big format were entire season budgets in Mexico. 196 00:10:27,760 --> 00:10:29,599 Speaker 1: So to that, you know, getting some used to and 197 00:10:29,720 --> 00:10:32,240 Speaker 1: understanding that a little bit, and then of course coming 198 00:10:32,360 --> 00:10:36,400 Speaker 1: this way kind of best practices because what's interesting as 199 00:10:36,400 --> 00:10:40,280 Speaker 1: these companies are now these global um you know, media 200 00:10:40,320 --> 00:10:44,319 Speaker 1: companies which didn't really exist before, but they're US based, uh, 201 00:10:44,360 --> 00:10:47,400 Speaker 1: and so they have a certain level of expectation of 202 00:10:47,559 --> 00:10:51,400 Speaker 1: US practices and premium, you know, and working from Endemol, 203 00:10:51,760 --> 00:10:54,720 Speaker 1: which is a global company and end themal shine. You 204 00:10:55,520 --> 00:10:58,760 Speaker 1: even looking at development and other territories, you have to 205 00:10:58,800 --> 00:11:01,160 Speaker 1: be mindful, have an eye, be and be open minded 206 00:11:01,200 --> 00:11:03,800 Speaker 1: because it's gonna look, you know, because of the budget 207 00:11:03,800 --> 00:11:06,840 Speaker 1: restricts and so forth. So I remember sometimes taking things 208 00:11:07,040 --> 00:11:09,960 Speaker 1: from Mexico to some of these guys and they're like WHOA, 209 00:11:10,240 --> 00:11:13,160 Speaker 1: that looks horrible, that looks like ship. You're like, I 210 00:11:13,160 --> 00:11:15,080 Speaker 1: want to imagine it with money, to imagine if we're 211 00:11:15,080 --> 00:11:16,600 Speaker 1: going to scale it up, and then we're gonna do 212 00:11:16,640 --> 00:11:18,240 Speaker 1: this and do that and do X, Y and Z. 213 00:11:18,880 --> 00:11:22,160 Speaker 1: So they could really get behind it because they were 214 00:11:22,200 --> 00:11:24,000 Speaker 1: you know, I think the the U S companies who 215 00:11:24,000 --> 00:11:26,960 Speaker 1: were working in Latin America also had a learning curve 216 00:11:27,000 --> 00:11:28,920 Speaker 1: to adjust to in terms of understanding what that market 217 00:11:28,960 --> 00:11:32,080 Speaker 1: really look like. And and then but for you and 218 00:11:32,120 --> 00:11:34,560 Speaker 1: your and for the company that is, you know, for 219 00:11:34,559 --> 00:11:36,320 Speaker 1: for your end of end them all Shine, which is 220 00:11:36,320 --> 00:11:38,000 Speaker 1: a big company, but your end of it is based 221 00:11:38,000 --> 00:11:42,280 Speaker 1: in Los Angeles instead of in In many other large 222 00:11:42,320 --> 00:11:45,440 Speaker 1: media companies, you'd have a division that is focused on 223 00:11:45,520 --> 00:11:48,760 Speaker 1: international productions or co productions. But what you guys did 224 00:11:48,840 --> 00:11:52,679 Speaker 1: differently was just integrate. Spanish language was just one aspect 225 00:11:52,800 --> 00:11:56,120 Speaker 1: of the many types of programming that your team, your 226 00:11:56,160 --> 00:12:00,320 Speaker 1: core team was working on. Absolutely, we one thing really 227 00:12:00,360 --> 00:12:02,200 Speaker 1: did was to work much like we did with even 228 00:12:02,200 --> 00:12:05,200 Speaker 1: our subsidiations here in the US. We really kind of 229 00:12:05,320 --> 00:12:08,760 Speaker 1: had to flow through um in terms of how we operated. 230 00:12:08,840 --> 00:12:11,760 Speaker 1: So with truly original or fifty one minds or authentic. 231 00:12:12,320 --> 00:12:13,920 Speaker 1: You know, we brought them the formats that we had 232 00:12:14,080 --> 00:12:15,920 Speaker 1: from us that if we weren't going to work on them, 233 00:12:15,960 --> 00:12:19,000 Speaker 1: it didn't make sense for North America. We would then 234 00:12:19,040 --> 00:12:22,360 Speaker 1: funnel them to these guys, especially if it made sense 235 00:12:22,400 --> 00:12:25,599 Speaker 1: in their specific relationship with buyers. We thought, if that 236 00:12:25,679 --> 00:12:28,480 Speaker 1: strategy is working so well, and truly originals having so 237 00:12:28,520 --> 00:12:30,720 Speaker 1: much success, and fifthly one Minds is having so much success, 238 00:12:31,080 --> 00:12:33,160 Speaker 1: why wouldn't we apply that. Just because it's another country 239 00:12:33,200 --> 00:12:36,440 Speaker 1: doesn't mean with the treat it different. And and it 240 00:12:36,520 --> 00:12:38,959 Speaker 1: seems simple enough, but everyone you talk to they want 241 00:12:38,960 --> 00:12:41,319 Speaker 1: to treat the minute you say in Mexico. They think 242 00:12:41,360 --> 00:12:44,840 Speaker 1: different department, different group, different part of the company. And 243 00:12:44,880 --> 00:12:48,120 Speaker 1: it was hard to fight that and even internally, but 244 00:12:48,280 --> 00:12:51,160 Speaker 1: we we worked hard to integrate it and make it 245 00:12:51,280 --> 00:12:53,560 Speaker 1: just part of our business, so much that when we 246 00:12:53,600 --> 00:12:56,920 Speaker 1: closed the deal with boom Dog, two things happened. We 247 00:12:56,960 --> 00:13:00,079 Speaker 1: took the entire senior staff here to Mexico City or 248 00:13:00,120 --> 00:13:02,800 Speaker 1: a week and integrated the companies and so they met there. 249 00:13:02,840 --> 00:13:04,720 Speaker 1: They're kind of their parents, and there are other people 250 00:13:04,720 --> 00:13:08,600 Speaker 1: who shared similar responsibilities, and we shared advanced practices and 251 00:13:08,800 --> 00:13:13,000 Speaker 1: to the here at Animal Shine uh in in our Hollywood, 252 00:13:13,480 --> 00:13:17,680 Speaker 1: they start taking Spanish classes, so everyone so you can check. 253 00:13:17,720 --> 00:13:19,520 Speaker 1: Now there's a lot of Spanish speakers and this is 254 00:13:19,679 --> 00:13:22,360 Speaker 1: company now, you know, think about our in our business affairs. 255 00:13:22,480 --> 00:13:24,719 Speaker 1: So we've brought in, you know, people who obviously are 256 00:13:24,760 --> 00:13:28,160 Speaker 1: bilingual and for both contracts and working with legal people 257 00:13:28,200 --> 00:13:32,240 Speaker 1: in Mexico, we don't. We obviously recognize that it's two 258 00:13:32,240 --> 00:13:35,480 Speaker 1: different countries and there's certain laws and in certain practices 259 00:13:35,480 --> 00:13:37,840 Speaker 1: that we have to adhere to, uh in which we 260 00:13:37,880 --> 00:13:40,080 Speaker 1: want to be aware of. But when you get below 261 00:13:40,240 --> 00:13:43,679 Speaker 1: that in terms of creative process, in terms of pitching characters, 262 00:13:43,960 --> 00:13:46,880 Speaker 1: casting and funding, the best producer that you know, because 263 00:13:46,920 --> 00:13:49,360 Speaker 1: for us, the one thing that I think that we 264 00:13:49,440 --> 00:13:52,800 Speaker 1: do really well and emotion shine is we stay focused 265 00:13:52,840 --> 00:13:55,280 Speaker 1: on we know that most important things who's making the show. 266 00:13:56,040 --> 00:13:57,840 Speaker 1: It's one thing that who's selling it. It's one thing 267 00:13:57,920 --> 00:14:00,679 Speaker 1: who created it, but it really we've focus on who's 268 00:14:00,720 --> 00:14:03,400 Speaker 1: making it. Undoubtedly that comes from your background as a 269 00:14:03,440 --> 00:14:06,640 Speaker 1: producer in the trenches with you know, sleeves rolled up 270 00:14:06,840 --> 00:14:09,320 Speaker 1: making the show. Yeah, it really it's like who's going 271 00:14:09,360 --> 00:14:11,839 Speaker 1: to be on set and delivering this story and these 272 00:14:11,920 --> 00:14:14,800 Speaker 1: characters and driving this narrative or this competition, whatever the 273 00:14:15,400 --> 00:14:18,400 Speaker 1: show might be about. And that's what we're focused on. 274 00:14:18,480 --> 00:14:20,960 Speaker 1: And that's actually becoming our biggest challenge in these in 275 00:14:20,960 --> 00:14:25,840 Speaker 1: these other territories, including Brazil, is uh finding a more 276 00:14:26,120 --> 00:14:29,120 Speaker 1: of those people who can do that premium content. But 277 00:14:29,200 --> 00:14:32,520 Speaker 1: that being said is why people like Ajandro, who is 278 00:14:32,680 --> 00:14:36,000 Speaker 1: one of the top guys, also gives confidence to to 279 00:14:36,080 --> 00:14:38,840 Speaker 1: really invest and build a business in that territory. Yeah, 280 00:14:39,000 --> 00:14:41,240 Speaker 1: it's clear that you you found the person that you 281 00:14:41,360 --> 00:14:44,840 Speaker 1: felt that you felt comfortable partnering with. And I can 282 00:14:44,920 --> 00:14:48,400 Speaker 1: only imagine that, you know, having that that real footprint 283 00:14:48,440 --> 00:14:52,000 Speaker 1: there can only be for your talent scouting in terms 284 00:14:52,120 --> 00:14:53,840 Speaker 1: of you know, you never know when the next great 285 00:14:53,880 --> 00:14:56,720 Speaker 1: idea or the next personality who's going to break out, 286 00:14:56,760 --> 00:14:59,400 Speaker 1: you know, to have boots on the ground. There no 287 00:14:59,600 --> 00:15:01,880 Speaker 1: so much that I think I'm gonna start charging Netflix 288 00:15:01,920 --> 00:15:06,280 Speaker 1: for recruitment positions, uh as they continue to try to 289 00:15:06,360 --> 00:15:10,800 Speaker 1: hire from our company and there I mean, you know, 290 00:15:10,480 --> 00:15:14,520 Speaker 1: you gotta give Netflix credit for really I think that 291 00:15:14,560 --> 00:15:18,320 Speaker 1: they have gone a long way to opening people's eyes 292 00:15:18,440 --> 00:15:21,600 Speaker 1: to the potential of you know, there can be great, 293 00:15:21,800 --> 00:15:25,000 Speaker 1: great shows that come from you know, come from all 294 00:15:25,040 --> 00:15:27,040 Speaker 1: over the all over the place. It's not just a 295 00:15:27,280 --> 00:15:30,520 Speaker 1: US and Western Europe and UK business. I think, Look, 296 00:15:30,640 --> 00:15:32,840 Speaker 1: that's an exciting part. And you go down there, when 297 00:15:32,840 --> 00:15:35,840 Speaker 1: you're in Mexico City and you're meeting with the different 298 00:15:36,000 --> 00:15:40,400 Speaker 1: you know people, the producers, directors, writers, other executives, it's 299 00:15:40,440 --> 00:15:43,160 Speaker 1: just such an exciting time because they've always been there. 300 00:15:43,200 --> 00:15:45,240 Speaker 1: I mean, look at the last you know, three or 301 00:15:45,240 --> 00:15:48,160 Speaker 1: four years in the Oscars, Mexican directors have won, you know, 302 00:15:48,200 --> 00:15:51,320 Speaker 1: the Oscar for the Future. The talent has been down there, 303 00:15:51,360 --> 00:15:53,160 Speaker 1: it's just has not been tapped in the sense of 304 00:15:53,160 --> 00:15:55,680 Speaker 1: this need. And so it's exciting now to be given 305 00:15:55,680 --> 00:15:59,040 Speaker 1: this opportunity. And you're right, Look, it's the fact that 306 00:15:59,080 --> 00:16:02,240 Speaker 1: we were there four years ago, building this foundation, building 307 00:16:02,280 --> 00:16:05,200 Speaker 1: this team building you know, boom dog. We have this 308 00:16:05,320 --> 00:16:08,200 Speaker 1: incredible studios. I mean it's like a mini paramount. We 309 00:16:08,280 --> 00:16:12,600 Speaker 1: have all we're missing in some golf carts. We have sound. 310 00:16:13,240 --> 00:16:16,640 Speaker 1: So we have post production facilities. Uh in the town 311 00:16:16,680 --> 00:16:19,400 Speaker 1: called not the fair Um just outside of Mexico City. 312 00:16:20,280 --> 00:16:23,640 Speaker 1: We have a full blown post production facility, production offices. 313 00:16:23,920 --> 00:16:26,960 Speaker 1: We have four sound stages that are massive. We we 314 00:16:27,000 --> 00:16:29,920 Speaker 1: do master chef you know what, them. We do. We 315 00:16:29,920 --> 00:16:31,880 Speaker 1: did Big Brother. We built a house, a Big Brother 316 00:16:31,920 --> 00:16:36,000 Speaker 1: house that's on the Property Craft Service. You know, Um, 317 00:16:36,000 --> 00:16:39,480 Speaker 1: it's a full blown little uh studio and sound stages 318 00:16:40,040 --> 00:16:43,720 Speaker 1: really set up for production. And and so the fact 319 00:16:43,760 --> 00:16:45,480 Speaker 1: that we spent the last four years building that it 320 00:16:45,520 --> 00:16:49,160 Speaker 1: was great to see payoff with Netflix and soon you know, 321 00:16:49,240 --> 00:16:52,320 Speaker 1: Apple Plus and Amazon and Hulu and everyone else seems 322 00:16:52,400 --> 00:16:56,560 Speaker 1: will be arriving soon. But you look at Netflix, who 323 00:16:56,680 --> 00:16:59,000 Speaker 1: is what committed two hundred million dollars into Mexico, and 324 00:16:59,440 --> 00:17:01,880 Speaker 1: you know, I think they announced it in fifty projects 325 00:17:02,640 --> 00:17:05,840 Speaker 1: in the next couple of years. And so obviously we're 326 00:17:05,880 --> 00:17:07,960 Speaker 1: we're excited and lucky to be a part of all that. 327 00:17:07,960 --> 00:17:11,000 Speaker 1: That's got to help spark, as you said, it's got 328 00:17:11,000 --> 00:17:15,040 Speaker 1: to just help spark a real infrastructure and a almost 329 00:17:15,240 --> 00:17:18,159 Speaker 1: you know, a path for people to pitch shows in 330 00:17:18,240 --> 00:17:21,320 Speaker 1: a more in a more what we would call traditional 331 00:17:21,359 --> 00:17:25,480 Speaker 1: more US style for a country that had largely been 332 00:17:25,480 --> 00:17:28,959 Speaker 1: dominated by state owned broadcasters that as you said, they 333 00:17:29,000 --> 00:17:31,200 Speaker 1: produced all their stuff in the house. There wasn't there 334 00:17:31,240 --> 00:17:34,119 Speaker 1: wasn't much avenue for a producer to say, I've got 335 00:17:34,160 --> 00:17:36,560 Speaker 1: a great idea for a show. And now, as I 336 00:17:36,640 --> 00:17:39,200 Speaker 1: understand that's changing. It has changed a lot. And and 337 00:17:39,280 --> 00:17:41,959 Speaker 1: to that point, I think the free TV as they 338 00:17:41,960 --> 00:17:44,879 Speaker 1: call it, you know, they say it with broadcasters in 339 00:17:45,000 --> 00:17:48,160 Speaker 1: Mexico have really obviously much like here not the different 340 00:17:48,200 --> 00:17:51,120 Speaker 1: have been disrupted by these streamers UM. So therefore they've 341 00:17:51,160 --> 00:17:53,840 Speaker 1: had to change a little bit of their development process 342 00:17:53,880 --> 00:17:55,640 Speaker 1: and who they're working with, and so it's created even 343 00:17:55,640 --> 00:17:59,320 Speaker 1: more opportunities for producers, you know, and and creators and 344 00:17:59,400 --> 00:18:02,119 Speaker 1: makers and what is exciting UM. And so we have 345 00:18:02,160 --> 00:18:04,760 Speaker 1: this incredible relationship with Televisa to today that I don't 346 00:18:04,760 --> 00:18:06,600 Speaker 1: think we've had in the past before. It's a company. 347 00:18:07,200 --> 00:18:09,480 Speaker 1: We just did a mass singer for them, and it 348 00:18:09,600 --> 00:18:12,320 Speaker 1: was a huge hit in Mexico. It did not disappoint. 349 00:18:12,320 --> 00:18:14,160 Speaker 1: It's the highest rated show in Mexico in the last 350 00:18:14,160 --> 00:18:18,840 Speaker 1: ten years. We do meet a bile for for UM 351 00:18:19,240 --> 00:18:23,959 Speaker 1: and it's hugely successful. UM. And so it's really you know, 352 00:18:24,040 --> 00:18:27,760 Speaker 1: because it's become competitive, but I think because the people 353 00:18:27,800 --> 00:18:30,720 Speaker 1: are really now really trying to give the audience what 354 00:18:30,760 --> 00:18:34,240 Speaker 1: they want UM, it's become exciting for us and and 355 00:18:34,359 --> 00:18:37,919 Speaker 1: for for makers and especially for for boom Dog to 356 00:18:38,040 --> 00:18:41,240 Speaker 1: be part of that. An interesting too, I would imagine 357 00:18:41,240 --> 00:18:45,280 Speaker 1: that your Spanish language content does travel even outside of 358 00:18:45,320 --> 00:18:49,560 Speaker 1: Spanish speaking markets. Absolutely that you were able to license 359 00:18:49,880 --> 00:18:53,240 Speaker 1: your finished episodes in your formats in other markets. And 360 00:18:53,280 --> 00:18:56,680 Speaker 1: I know endemal Shine is one of the best positioned 361 00:18:56,760 --> 00:18:59,920 Speaker 1: companies to sell, you know, to get product into Germany 362 00:19:00,000 --> 00:19:01,600 Speaker 1: and to get you know, to all around the world. 363 00:19:01,640 --> 00:19:04,000 Speaker 1: You have many tentacles. Now we we look at that 364 00:19:04,080 --> 00:19:06,160 Speaker 1: one of the things that Animal shne does really well. 365 00:19:06,280 --> 00:19:09,160 Speaker 1: And I don't say just because I'm part of that company, 366 00:19:09,160 --> 00:19:11,560 Speaker 1: in the group, but I really have come to coming 367 00:19:11,800 --> 00:19:14,320 Speaker 1: into this role, I mean coming from fifty one minds 368 00:19:14,359 --> 00:19:16,399 Speaker 1: and then into the role of the international part of 369 00:19:16,400 --> 00:19:20,200 Speaker 1: the company and seeing how one of the strains of 370 00:19:20,760 --> 00:19:23,879 Speaker 1: the group is to create formats that with these tentpoles 371 00:19:23,960 --> 00:19:26,680 Speaker 1: that travel, right. So like you think of Master Chef 372 00:19:26,720 --> 00:19:29,679 Speaker 1: and it has the tent poles of the setting and 373 00:19:29,840 --> 00:19:32,639 Speaker 1: the beginning, middle end, but the casting and the food 374 00:19:32,680 --> 00:19:36,080 Speaker 1: become local, right, so become a real smart way of 375 00:19:36,080 --> 00:19:38,159 Speaker 1: doing that. You look at Big Brother, which is of 376 00:19:38,160 --> 00:19:39,520 Speaker 1: course the house and to fly on the wall and 377 00:19:39,560 --> 00:19:41,960 Speaker 1: all that sort of technique, but then the casting makes 378 00:19:42,000 --> 00:19:45,359 Speaker 1: it local and and even some things are different. We 379 00:19:45,400 --> 00:19:48,200 Speaker 1: have done that exactly with boom Dog and sharing those 380 00:19:48,240 --> 00:19:50,760 Speaker 1: best practices with them, and therefore Lender and his team 381 00:19:50,800 --> 00:19:53,040 Speaker 1: are creating formats that Yeah, you're absolutely right, that are 382 00:19:53,040 --> 00:19:57,280 Speaker 1: traveling as are late. We've been really connecting, you know, 383 00:19:57,480 --> 00:20:00,680 Speaker 1: Alejandro and boom Dog with our team in Spain. So 384 00:20:00,840 --> 00:20:03,840 Speaker 1: you think of Spanish is the I think it's the 385 00:20:03,960 --> 00:20:07,639 Speaker 1: number three language in the world. Um, and you can 386 00:20:07,720 --> 00:20:10,119 Speaker 1: see that's too man. But I also think that if 387 00:20:10,160 --> 00:20:13,800 Speaker 1: you look at just I think the global audience today 388 00:20:14,560 --> 00:20:17,520 Speaker 1: proven bios theories like Narcos and I just saw what 389 00:20:17,640 --> 00:20:23,320 Speaker 1: I see, um, the Aquafina Chinese um form from it. 390 00:20:23,359 --> 00:20:25,120 Speaker 1: This isn't I don't think it matters so much anymore. 391 00:20:25,520 --> 00:20:28,159 Speaker 1: It's good, it's good, and and we have to read 392 00:20:28,200 --> 00:20:30,479 Speaker 1: a few subtitles. It doesn't make a difference. You look 393 00:20:30,520 --> 00:20:32,680 Speaker 1: at Money Heist, you know, it's you know, a huge 394 00:20:32,840 --> 00:20:37,359 Speaker 1: from Spain. People. You know, we do Dark Animal Shine 395 00:20:37,320 --> 00:20:40,960 Speaker 1: in Germany and it's a huge hit hair and that's 396 00:20:40,960 --> 00:20:44,760 Speaker 1: a show in German. Yeah, people will watch if it's compelling, 397 00:20:45,119 --> 00:20:47,680 Speaker 1: you will. You know, there was so such a fear 398 00:20:47,720 --> 00:20:49,560 Speaker 1: of subtitles, but there was you know, there were a 399 00:20:49,600 --> 00:20:52,479 Speaker 1: couple of shows HBO has had my brilliant friend. You know, 400 00:20:52,600 --> 00:20:58,480 Speaker 1: Americans can read subtitles and will and exactly and will 401 00:20:58,520 --> 00:21:01,040 Speaker 1: be compelled if the intent is there. And I think 402 00:21:01,040 --> 00:21:05,240 Speaker 1: that this audience now really appreciates the authenticity of a project. 403 00:21:05,320 --> 00:21:06,679 Speaker 1: And that's one of the things that you know, we 404 00:21:06,800 --> 00:21:10,439 Speaker 1: really while having this kind of bi cultural, you know, 405 00:21:10,520 --> 00:21:12,600 Speaker 1: kind of by market kind of situation that we have 406 00:21:12,720 --> 00:21:16,440 Speaker 1: is really working for us because having that authenticity, authenticity 407 00:21:16,480 --> 00:21:20,000 Speaker 1: to the story is really important, right, And so having 408 00:21:20,040 --> 00:21:23,800 Speaker 1: a mix of people who who really know how to 409 00:21:24,000 --> 00:21:27,760 Speaker 1: cast a show that feels local, that feels like the 410 00:21:27,760 --> 00:21:31,359 Speaker 1: stories are are are relatable because their local stories that 411 00:21:31,480 --> 00:21:35,280 Speaker 1: territory is just really critically important, and that's why it's 412 00:21:35,280 --> 00:21:38,320 Speaker 1: important to have. One of the things we're doing too 413 00:21:38,880 --> 00:21:41,400 Speaker 1: is really unique is we are pulling a lot of 414 00:21:41,520 --> 00:21:43,640 Speaker 1: you know, people who have worked in general market who 415 00:21:43,640 --> 00:21:47,280 Speaker 1: are bilingual, like Marie Leguizamo, who we have a deal with, 416 00:21:47,960 --> 00:21:50,800 Speaker 1: who has an incredibly strong producers then the voice you know, 417 00:21:50,840 --> 00:21:53,960 Speaker 1: for for Telemundo and now she does l Off for Amazon, 418 00:21:54,080 --> 00:21:57,520 Speaker 1: but completely bilingual. Um works in the US and works 419 00:21:57,520 --> 00:22:00,880 Speaker 1: in Latin America, and so we're point more of those 420 00:22:01,320 --> 00:22:05,280 Speaker 1: kind of uh people together. So they can really share 421 00:22:05,320 --> 00:22:08,680 Speaker 1: best practices and that really shows on screen with the 422 00:22:08,760 --> 00:22:11,280 Speaker 1: end result of the project. And again, I just can 423 00:22:11,359 --> 00:22:15,240 Speaker 1: imagine that the amount of you know, the recent investment 424 00:22:15,320 --> 00:22:18,920 Speaker 1: and activity and opportunity is just gonna it's just gonna 425 00:22:19,040 --> 00:22:23,760 Speaker 1: make that marketplace, you know, be even more vibrant. It is, 426 00:22:24,160 --> 00:22:26,679 Speaker 1: and I think it's again, I think it really and 427 00:22:26,760 --> 00:22:30,000 Speaker 1: you it's it's really shocking because it seems like a 428 00:22:30,040 --> 00:22:33,360 Speaker 1: simple idea to act as one company, regardless of the language. 429 00:22:33,960 --> 00:22:36,520 Speaker 1: But you it's really surprising to a lot of people 430 00:22:36,520 --> 00:22:38,840 Speaker 1: that we behave that way. But I'm seeing it more 431 00:22:38,880 --> 00:22:42,679 Speaker 1: and more now, you know, like you know, um, Alejandro 432 00:22:42,880 --> 00:22:45,840 Speaker 1: just made a deal with Gaston Polovich, who is the 433 00:22:45,840 --> 00:22:49,280 Speaker 1: producer of The Irishman, who's of Mexican and native in 434 00:22:49,359 --> 00:22:52,840 Speaker 1: Mexico City. Um. And so that's a deal that was 435 00:22:52,880 --> 00:22:57,280 Speaker 1: made in Mexico for Spanish series. But obviously Gaston has 436 00:22:57,280 --> 00:23:00,320 Speaker 1: had a lot of success with the US market. He 437 00:23:00,359 --> 00:23:03,879 Speaker 1: also did A Madman and the Professor and many in 438 00:23:03,960 --> 00:23:07,120 Speaker 1: Silence and many other features in the US. So now 439 00:23:07,359 --> 00:23:10,040 Speaker 1: you know, you see it. You know, just the last 440 00:23:10,320 --> 00:23:14,240 Speaker 1: week where Alejander will connect Gaston with Sharon Levy, who 441 00:23:14,280 --> 00:23:17,159 Speaker 1: in our office here in the US, who's doing you know, 442 00:23:17,640 --> 00:23:20,240 Speaker 1: utopia for Amazon and other stuff. And now they're working 443 00:23:20,240 --> 00:23:24,000 Speaker 1: on project together. It's really become just kind of one 444 00:23:24,200 --> 00:23:26,240 Speaker 1: world in a sense where these it's not just the 445 00:23:26,280 --> 00:23:29,720 Speaker 1: company behaving as one, but other producers are working in 446 00:23:29,760 --> 00:23:33,240 Speaker 1: multiple markets. Now, do you feel like you're some of 447 00:23:33,280 --> 00:23:37,040 Speaker 1: your role as CEO is really casting, you know, putting 448 00:23:37,080 --> 00:23:39,920 Speaker 1: the not just casting of shows, but putting the right 449 00:23:39,960 --> 00:23:43,800 Speaker 1: people together. This producer might might connect with this executive. 450 00:23:43,880 --> 00:23:45,840 Speaker 1: Is that is that it seems like that would be 451 00:23:45,880 --> 00:23:48,040 Speaker 1: a bigger part of the job now I think it is, 452 00:23:48,119 --> 00:23:51,280 Speaker 1: and look always for me, it was very different because 453 00:23:51,560 --> 00:23:54,399 Speaker 1: I didn't have any corporate training and I always like 454 00:23:54,440 --> 00:23:56,680 Speaker 1: to say I never had a real job as a producer. 455 00:23:57,280 --> 00:23:59,959 Speaker 1: But I still take that very much. The producer approach 456 00:24:00,560 --> 00:24:03,560 Speaker 1: as the CEO of this company, meaning through through is 457 00:24:03,640 --> 00:24:05,919 Speaker 1: fund to the best people in building teams. Let me 458 00:24:05,960 --> 00:24:08,680 Speaker 1: ask you, just because I know again one of the 459 00:24:08,720 --> 00:24:10,480 Speaker 1: things that Boom Dog has brought to you is is 460 00:24:10,560 --> 00:24:14,560 Speaker 1: this just an influx of great talent and ideas? Talent 461 00:24:14,800 --> 00:24:18,560 Speaker 1: is the single like most precious commodity in Hollywood, in 462 00:24:18,560 --> 00:24:21,320 Speaker 1: the creative community these days. How in the in the 463 00:24:21,359 --> 00:24:24,320 Speaker 1: bigger picture is end them all shine? Dealing with the 464 00:24:24,440 --> 00:24:28,000 Speaker 1: arms race for content that the you know, the really 465 00:24:28,119 --> 00:24:31,600 Speaker 1: rising costs of talent. You know, you're in a kind 466 00:24:31,600 --> 00:24:33,879 Speaker 1: of an interesting position. You're not a small indie, but 467 00:24:33,960 --> 00:24:37,240 Speaker 1: you're not one of the big majors either. Has this 468 00:24:37,359 --> 00:24:40,320 Speaker 1: been a difficult time just just given the kind of 469 00:24:40,560 --> 00:24:43,080 Speaker 1: just the way the economics of the business have shot 470 00:24:43,240 --> 00:24:46,800 Speaker 1: up in every direction. You know, everything from the cost 471 00:24:46,840 --> 00:24:48,840 Speaker 1: of renting a boom mic to the cost of doing 472 00:24:48,880 --> 00:24:51,239 Speaker 1: a deal with the name Star has just gone up 473 00:24:51,280 --> 00:24:53,920 Speaker 1: so exponentially. How are you managing that as a business? 474 00:24:54,520 --> 00:24:57,520 Speaker 1: It has become increasingly difficult. I think if you look 475 00:24:57,560 --> 00:25:00,200 Speaker 1: at Martin's today compared to what they were just four 476 00:25:00,280 --> 00:25:03,600 Speaker 1: years ago, it's there nowhere near the same, and it 477 00:25:03,600 --> 00:25:06,520 Speaker 1: has become really difficult. And to your point, the cause 478 00:25:06,800 --> 00:25:10,760 Speaker 1: the rising cost of talent um. The truth is the 479 00:25:10,800 --> 00:25:13,480 Speaker 1: extent of production and making some of these series, the 480 00:25:13,520 --> 00:25:17,240 Speaker 1: larger formats, specifically here in the US, has has been 481 00:25:17,280 --> 00:25:20,600 Speaker 1: the same. But I think when you look at the 482 00:25:20,680 --> 00:25:24,440 Speaker 1: what the broadcasters are are looking to spend now, because 483 00:25:24,440 --> 00:25:26,560 Speaker 1: when you look at what the ratings are compared to 484 00:25:26,600 --> 00:25:29,679 Speaker 1: what they were six years ago, and you're looking at 485 00:25:29,680 --> 00:25:31,600 Speaker 1: the pride they there. It was something that you didn't 486 00:25:31,680 --> 00:25:33,639 Speaker 1: really see before when you would go to a pitch 487 00:25:34,280 --> 00:25:36,600 Speaker 1: and you would just pitch the creative and if they 488 00:25:36,760 --> 00:25:39,360 Speaker 1: either liked it or didn't like it. Now it's how 489 00:25:39,440 --> 00:25:41,440 Speaker 1: much does it cost? And to the point where I've 490 00:25:41,440 --> 00:25:44,439 Speaker 1: been in some rooms where a buyer has broken out 491 00:25:44,440 --> 00:25:46,520 Speaker 1: of calculator to see if this budget cost this and 492 00:25:46,520 --> 00:25:50,520 Speaker 1: gets this rating, what does it make? Um? And so 493 00:25:50,600 --> 00:25:53,440 Speaker 1: it has become increasingly difficult. But look, that's our job 494 00:25:53,640 --> 00:25:58,040 Speaker 1: as producers and creators to really figure out ideas they're 495 00:25:58,080 --> 00:26:01,320 Speaker 1: still fun and and and out, and it can be 496 00:26:01,359 --> 00:26:04,040 Speaker 1: done at a price point that makes sense. UM. And 497 00:26:04,080 --> 00:26:08,240 Speaker 1: I think you know interestingly enough sharing best practices. We 498 00:26:08,359 --> 00:26:10,480 Speaker 1: learn a lot actually from the guys in Mexico and 499 00:26:10,520 --> 00:26:13,320 Speaker 1: Brazil because some of the things they pull off at 500 00:26:13,359 --> 00:26:16,280 Speaker 1: certain price points. It shows you that we know that 501 00:26:16,280 --> 00:26:18,080 Speaker 1: where we should be focusing on spending some of this 502 00:26:18,200 --> 00:26:20,800 Speaker 1: money versus some of the things we're doing, you know 503 00:26:20,840 --> 00:26:23,760 Speaker 1: in the US that aren't as efficient. And you could 504 00:26:23,760 --> 00:26:26,440 Speaker 1: also look in Brazil where these guys are doing massive 505 00:26:26,520 --> 00:26:31,040 Speaker 1: brand driven programming, which we're not having success within the US, 506 00:26:31,080 --> 00:26:34,040 Speaker 1: but these guys are doing. So there's we're really it 507 00:26:34,160 --> 00:26:36,080 Speaker 1: kind of we in the same way that we share 508 00:26:36,160 --> 00:26:39,160 Speaker 1: rest best practices with them, we're looking at those two 509 00:26:39,200 --> 00:26:42,600 Speaker 1: territories and learning a lot. Also, money is not always 510 00:26:42,680 --> 00:26:46,879 Speaker 1: the solution to to every single problem. Um. You know 511 00:26:46,960 --> 00:26:50,080 Speaker 1: you you mentioned your background coming as a producer. How 512 00:26:50,200 --> 00:26:53,400 Speaker 1: was it for you it's going on six years now 513 00:26:53,600 --> 00:26:56,920 Speaker 1: since you were since you were named as first co 514 00:26:57,080 --> 00:27:00,560 Speaker 1: CEO and then and now CEO so low, how was 515 00:27:00,560 --> 00:27:02,320 Speaker 1: it for you? Was it a learning curve for you 516 00:27:02,440 --> 00:27:06,399 Speaker 1: to become a manager of You'd obviously managed shows and productions, 517 00:27:06,440 --> 00:27:08,720 Speaker 1: but to be to manage people at a at a 518 00:27:08,760 --> 00:27:10,919 Speaker 1: CEO level for a company of this size, Was it 519 00:27:10,960 --> 00:27:13,600 Speaker 1: a learning curve? It absolutely was, and it was very 520 00:27:13,680 --> 00:27:17,639 Speaker 1: It was absolutely different experience to the extent that running 521 00:27:17,640 --> 00:27:20,400 Speaker 1: the show and ran a business are two very different things. Um. 522 00:27:20,960 --> 00:27:23,280 Speaker 1: Fortunately for me, I ran the business of fifty one 523 00:27:23,320 --> 00:27:25,320 Speaker 1: minds too, but not at the scale that was endom 524 00:27:25,320 --> 00:27:27,320 Speaker 1: at the time, and then become an endom all shine. 525 00:27:27,840 --> 00:27:29,760 Speaker 1: So to think to go from a company of fifty 526 00:27:29,760 --> 00:27:35,640 Speaker 1: one minds of forty people to over four people, Yeah, 527 00:27:36,040 --> 00:27:38,280 Speaker 1: management had to become something that I had to really 528 00:27:38,320 --> 00:27:40,959 Speaker 1: focus on. And it was difficult at first, you know, 529 00:27:41,040 --> 00:27:44,080 Speaker 1: the the but I quickly realized that no matter the 530 00:27:44,119 --> 00:27:46,080 Speaker 1: size and scale of the company, that two things were 531 00:27:46,119 --> 00:27:48,520 Speaker 1: exactly the same, that it ran on the same gas 532 00:27:48,560 --> 00:27:52,359 Speaker 1: meeting ideas right like either company they needed, we needed ideas, 533 00:27:52,440 --> 00:27:55,479 Speaker 1: and we needed to sell shows. And and two it 534 00:27:55,520 --> 00:27:59,680 Speaker 1: was still really came down to who was making these projects, 535 00:28:00,040 --> 00:28:03,119 Speaker 1: and that was execution. Execution two things I was good at, 536 00:28:03,280 --> 00:28:07,600 Speaker 1: challenge and execution. So it became about me focusing on that, 537 00:28:07,640 --> 00:28:09,800 Speaker 1: finding those best people for that. It will tell you 538 00:28:09,800 --> 00:28:13,000 Speaker 1: it was difficult because I wanted to make these shows. 539 00:28:14,880 --> 00:28:17,119 Speaker 1: So so after you know, in the first year, I 540 00:28:17,160 --> 00:28:18,760 Speaker 1: was selling a couple of things and then not being 541 00:28:18,800 --> 00:28:21,119 Speaker 1: able to to make them because you see, the scope 542 00:28:21,119 --> 00:28:23,760 Speaker 1: of this business was was was hard. And then I'll 543 00:28:23,800 --> 00:28:25,800 Speaker 1: never forget the moment that it really hit me the 544 00:28:25,800 --> 00:28:28,840 Speaker 1: face was when I went to UH set a big 545 00:28:28,880 --> 00:28:32,520 Speaker 1: Brother and I met everyone and it was in production 546 00:28:32,560 --> 00:28:33,960 Speaker 1: and they said, okay, we got a chair for you, 547 00:28:34,320 --> 00:28:36,280 Speaker 1: and it was in the back corner of the control 548 00:28:36,359 --> 00:28:38,720 Speaker 1: room and I was like, I know that chair. I 549 00:28:38,760 --> 00:28:40,880 Speaker 1: sent every executive when I was making shows to that 550 00:28:41,000 --> 00:28:44,560 Speaker 1: chair and there I was in the back corn sitting 551 00:28:45,040 --> 00:28:47,240 Speaker 1: watching and it was one of the first times I 552 00:28:47,240 --> 00:28:50,320 Speaker 1: was like, oh man, you're not making these shows. Um. 553 00:28:50,360 --> 00:28:51,920 Speaker 1: But it was also one of the first times where 554 00:28:51,960 --> 00:28:54,920 Speaker 1: I really you never to go there. I miss it 555 00:28:55,760 --> 00:29:00,880 Speaker 1: and making actually watching Allison and Rich just create story 556 00:29:01,080 --> 00:29:03,320 Speaker 1: and track it was. It made mut up out of 557 00:29:03,320 --> 00:29:07,840 Speaker 1: the seat, but I stayed in my chair. And undoubtedly, 558 00:29:07,960 --> 00:29:11,040 Speaker 1: you know, your experience in one area informs the other clearly, 559 00:29:11,440 --> 00:29:13,080 Speaker 1: and then I think, and it's it's been helpful, it's 560 00:29:13,120 --> 00:29:16,080 Speaker 1: been good. And look, I don't by that to that point. 561 00:29:16,120 --> 00:29:18,840 Speaker 1: I don't you know, Look, Master Chef is something that's 562 00:29:18,880 --> 00:29:21,719 Speaker 1: this incredible show that I can't take any credit for. 563 00:29:22,560 --> 00:29:25,000 Speaker 1: But when you know, we we got together, we emerged 564 00:29:25,040 --> 00:29:27,400 Speaker 1: with shine and I was a fan of the show 565 00:29:27,480 --> 00:29:29,760 Speaker 1: and as a viewer, but then to become a part 566 00:29:29,800 --> 00:29:34,320 Speaker 1: of it, I immediately written knew that my role was 567 00:29:34,400 --> 00:29:37,640 Speaker 1: to support it and to grow it and to uh, 568 00:29:37,960 --> 00:29:40,280 Speaker 1: you know the people who were making it, um, Sam 569 00:29:40,320 --> 00:29:43,280 Speaker 1: Linkedalison and Rich and my brother. Look, these guys have 570 00:29:43,320 --> 00:29:45,560 Speaker 1: been they're the best of what they do. And so 571 00:29:45,760 --> 00:29:47,960 Speaker 1: my role was to get to know Gordon and to 572 00:29:48,120 --> 00:29:50,600 Speaker 1: build a relationship with him and understand what his needs were. 573 00:29:50,640 --> 00:29:52,360 Speaker 1: And how we could grow and shake up the show 574 00:29:52,400 --> 00:29:55,000 Speaker 1: every year, and what I could do from my seat, 575 00:29:55,400 --> 00:29:57,280 Speaker 1: you know, in terms of finding him the best people, 576 00:29:57,400 --> 00:30:00,959 Speaker 1: finding the idea, guys, finding money to mix it up. 577 00:30:01,720 --> 00:30:04,520 Speaker 1: I knew, yeah quickly, that was my role in this 578 00:30:04,720 --> 00:30:08,040 Speaker 1: in in these shows. So it still has a bit 579 00:30:08,040 --> 00:30:11,920 Speaker 1: of a producer kind of approach to it in strategy. Um, 580 00:30:11,960 --> 00:30:14,440 Speaker 1: but look, I think I can't. We've been so fortunate 581 00:30:14,480 --> 00:30:16,760 Speaker 1: to have to work with so many great producers and 582 00:30:17,000 --> 00:30:20,160 Speaker 1: watching them work has been amazing. Um, and you see 583 00:30:20,160 --> 00:30:22,480 Speaker 1: why some of these shows still in the air, you know, 584 00:30:22,800 --> 00:30:25,800 Speaker 1: fifteen years later, right. I want to compliment you, Chris. 585 00:30:25,840 --> 00:30:27,600 Speaker 1: A couple of years ago you put out a terrific 586 00:30:27,640 --> 00:30:30,360 Speaker 1: book called Make It Reality, and you shared your story 587 00:30:30,440 --> 00:30:32,960 Speaker 1: of how you came from a from a very different 588 00:30:33,000 --> 00:30:36,000 Speaker 1: background than most people in Hollywood. You you have the 589 00:30:36,120 --> 00:30:38,640 Speaker 1: door opened to you to the idea that producing could 590 00:30:38,680 --> 00:30:41,200 Speaker 1: be could be a career, that working in television was 591 00:30:41,240 --> 00:30:43,880 Speaker 1: an option for you. I thought you you articulated it 592 00:30:43,880 --> 00:30:47,800 Speaker 1: beautifully in the book and really presented your story as 593 00:30:47,840 --> 00:30:50,200 Speaker 1: almost a how to guide, Not that somebody was going 594 00:30:50,280 --> 00:30:53,720 Speaker 1: to take your exact process, but just the awareness to 595 00:30:53,720 --> 00:30:57,040 Speaker 1: to being open to that one door that the you know, 596 00:30:57,120 --> 00:30:59,840 Speaker 1: you were in high school and you just the one 597 00:31:00,000 --> 00:31:02,840 Speaker 1: class with the one pitch. But here's an opportunity that 598 00:31:02,840 --> 00:31:04,800 Speaker 1: that you took and had you not, had you missed 599 00:31:04,800 --> 00:31:07,600 Speaker 1: class that day or something, you know, just the known 600 00:31:07,600 --> 00:31:10,440 Speaker 1: about the opportunity. Yeah, it's well, thank you for saying that. 601 00:31:10,480 --> 00:31:13,440 Speaker 1: And you know, I was very hesitant to to go 602 00:31:13,480 --> 00:31:15,160 Speaker 1: down that road and writing a book because I felt 603 00:31:15,160 --> 00:31:17,080 Speaker 1: it was a little too like you know it leader 604 00:31:17,240 --> 00:31:19,400 Speaker 1: or I'm too young. But you know, yesterday I just 605 00:31:19,440 --> 00:31:24,480 Speaker 1: had lunch with we run I run this diversity program 606 00:31:24,600 --> 00:31:27,560 Speaker 1: scholar internship program with the Academy, and he was one 607 00:31:27,600 --> 00:31:29,720 Speaker 1: of the candidates. Not he didn't intern here, but he 608 00:31:29,760 --> 00:31:32,040 Speaker 1: had met him through the academy and he read the 609 00:31:32,040 --> 00:31:37,040 Speaker 1: book and it prompted him to apply to the internship 610 00:31:37,280 --> 00:31:39,800 Speaker 1: to come into the business. And you hear those corny 611 00:31:39,840 --> 00:31:41,520 Speaker 1: lines all the time. Anybody says if I could change 612 00:31:41,520 --> 00:31:44,720 Speaker 1: one line, and I really then I thanked them for 613 00:31:44,720 --> 00:31:48,000 Speaker 1: for you know, connecting with me reaching out because I 614 00:31:48,080 --> 00:31:51,080 Speaker 1: wasn't like it was really hesitant to read to write 615 00:31:51,080 --> 00:31:55,240 Speaker 1: that book. But listening to him tell that story that 616 00:31:55,240 --> 00:31:57,440 Speaker 1: that someone who looked like him, who came from a 617 00:31:57,480 --> 00:32:01,360 Speaker 1: town like him, who had a situation like his, had 618 00:32:01,400 --> 00:32:03,680 Speaker 1: success in a business that no one even had thought 619 00:32:03,720 --> 00:32:06,840 Speaker 1: to explore because it's not there's no guarantees in this business. 620 00:32:06,840 --> 00:32:08,560 Speaker 1: And and look, this is for all parents, and no 621 00:32:08,640 --> 00:32:10,760 Speaker 1: parent wants to hear that here their kid is, after 622 00:32:10,800 --> 00:32:12,520 Speaker 1: going on a very expensive college, is gonna work in 623 00:32:12,520 --> 00:32:15,080 Speaker 1: a mail room or where become a producer. So the 624 00:32:15,160 --> 00:32:16,719 Speaker 1: last thing they want to make sure, you know, especially 625 00:32:16,720 --> 00:32:18,600 Speaker 1: in the Latino family, they want to make sure you 626 00:32:18,640 --> 00:32:22,200 Speaker 1: have a good job and insurance. That's it. That's it. 627 00:32:22,680 --> 00:32:24,800 Speaker 1: But to hear from him, it really, you know. And 628 00:32:24,800 --> 00:32:26,360 Speaker 1: and I give at least one or two of those 629 00:32:26,400 --> 00:32:28,600 Speaker 1: a year since I put the book out, And so 630 00:32:29,160 --> 00:32:31,160 Speaker 1: it's made me feel better about it, and it's something 631 00:32:31,200 --> 00:32:33,440 Speaker 1: that's important to me. I think you look at this company, 632 00:32:34,160 --> 00:32:36,800 Speaker 1: uh now even and if you walk around on the 633 00:32:36,800 --> 00:32:39,720 Speaker 1: floor here or anyone in our companies, you would just 634 00:32:39,760 --> 00:32:43,080 Speaker 1: see a lot of people, very very diverse group. And 635 00:32:43,120 --> 00:32:45,000 Speaker 1: it's been it's been. It's not just because it's the 636 00:32:45,080 --> 00:32:47,120 Speaker 1: right thing to do by any means. It has really 637 00:32:47,120 --> 00:32:49,320 Speaker 1: brought us a lot of business. And it's been We've 638 00:32:49,320 --> 00:32:52,120 Speaker 1: been really successful because we keep a very diverse group 639 00:32:52,120 --> 00:32:54,200 Speaker 1: of people working here. Oh there is no there is 640 00:32:54,240 --> 00:32:58,480 Speaker 1: absolutely no question that that if you want to program 641 00:32:58,600 --> 00:33:03,520 Speaker 1: for America or the America's you have to look like them. Well, 642 00:33:03,520 --> 00:33:05,360 Speaker 1: thank you so much, thank you for taking taking the 643 00:33:05,400 --> 00:33:08,160 Speaker 1: time and sharing your thoughts. And I really have. As 644 00:33:08,200 --> 00:33:10,920 Speaker 1: I said, I've been very intrigued by Endemol Shine Boom 645 00:33:10,960 --> 00:33:14,240 Speaker 1: Dog and I'm so glad to hear the whole backstory. Well, 646 00:33:14,240 --> 00:33:15,600 Speaker 1: the next time, I would love to take you down 647 00:33:15,600 --> 00:33:19,040 Speaker 1: to Mexico City and shots. Yeah, I'm game. I'm game. 648 00:33:19,240 --> 00:33:25,160 Speaker 1: Thank you so much, Chris, thanks for listening. Be sure 649 00:33:25,200 --> 00:33:32,360 Speaker 1: to tune in next week for another episode of Strictly Business. Yeah,