Back To 1995

  The appearance of Andy Lake and Eiger here in Song Yang also showed their attitude, which camp they belonged to.

A revolving door is prevalent in America. Not only the bosses of various departments in Washington, but also the congressmen of Capitol Hill and states often switch identities between the municipal departments and consultants of giant companies. Even a company often has to go back and forth several times. Only then can the winner be determined!

  It’s like the gaming boss of MGM Pictures, who sold MGM several times and then bought them all back, tossing MGM Pictures to death.

   Now Song Yang is indeed not the largest shareholder of ICQ, but who dares to say that Song Yang will not become the largest shareholder of ICQ again in the future? !

   Even now, Song Yang is still the largest individual shareholder of ICQ, holding nearly 10% of ICQ's equity, and it is still unknown when he will fight back and **** the position of ICQ's major shareholder!

  For Andy Lake and Eiger, Song Yang's label is attached to them. Even if they seek refuge with Immelt and Edgar Jr., they will be feared and will not be reused.

  Especially from today's meeting, they can see that Immelt wants to fully integrate IC TV and America Telecom into ICQ, instead of letting them operate independently.

   It can’t be said that Immelt is not authentic. Any strong professional manager will do this, but whoever is willing to hand over the territory and people he has worked so hard to build will be kicked out at any time.

   Song Yang heard that Immelt wanted to use the performance of IC TV and America Telecom to fill the gap in ICQ's Internet business, and he could guess his thoughts.

  ICQ's big merger is one of the achievements Immelt is proud of. If the stock price collapses like this, it will be a huge blow to Immelt's prestige.

  The goals of Immelt and Edgar Bronfman Jr. are not the same. The Bronfman family was incorporated into ICQ and **** by ICQ.

Immelt's power and status are closely related to ICQ and General Electric. In addition, his salary, bonus, and dividends can only be obtained by relying on high stock prices. Therefore, Immelt and Edgar Jr., in essence, want to What you want is the same, but the risks you can take are completely different!

Immelt himself does not have much equity in ICQ and General Electric. He wants a high stock price and market value to maintain his position. However, if the stock price really collapses, then... it will also collapse. He is a professional manager , he is not a major shareholder, and he will not take a penny less in salary. At most, his status is gone, and his power and influence have also declined.

   As for why Edgar Jr. and the Bronfman family took such a risk, Song Yang couldn't figure it out.

Song Yang raised his wine glass, drank a glass of wine with Andy Lake and Iger, and said to them, "America Telecom and IC TV Station can agree to use their performance to repair ICQ's business, but ICQ headquarters needs to be IC TV Station, IC TV Station, and IC TV Station. American Telecom, to pay for research and development and other expenses!"

Andy Lake couldn't help rubbing the roots of his teeth. Song Yang's move is to retreat. It's really a deadly move. Immelt wants to use the performance of TV stations and American Telecom to fill the hole, so let him , but don't try to take a penny from them, but let the ICQ headquarters pay for them.

The slightly dull Eiger nodded slightly. Although he was not the first to join America Telecom, he did it bit by bit. If he is to hand over the management rights of America Telecom, Eiger It is really difficult to do!

   "Song, can ICQ survive?"

   Eiger suddenly asked Song Yang, and Andy Lake also pricked up his ears.

  Song Yang didn't answer. He drank slowly from the glass of wine, and finally said an ambiguous sentence, "ICQ will not fall, nor will IC TV and America Telecom!"

   It sounds like ICQ is optimistic, but Iger and Andy Lake are both good people, so I can't understand the meaning of these words. Song Yang said that ICQ will not fall, but he didn't say that the stock price will not collapse!

ICQ with a market capitalization of US$400 billion and ICQ with a stock price that has collapsed to nothing are two completely different headquarters. If the market capitalization of ICQ falls, it will not be as high as American Telecom and IC TV Station, and its revenue will not be as high as them. It has become a trend of weak stems and strong branches, what will it become then? !

  The next day, the ICQ headquarters meeting continued, but the noise was more intense than the previous day.

Edgar Bronfman, who was sitting under Immelt, couldn't help but patted the table and said, when Iger and Andy Lake proposed that ICQ headquarters should pay for them, " American Telecom and IC TV still need the headquarters to pay for you?!"

In the first half of the year, American Telecom's revenue hit a record high, reaching more than 18 billion US dollars, and its annual revenue may exceed 40 billion US dollars. This is due to the rapid growth of broadband users and mobile Internet users. American Telecom It is America's largest broadband and mobile network operator, and electronic retail stores have also begun to bring revenue to American Telecom.

However, American Telecom did not hand over any of the money earned to the headquarters. After all, on the books, America Telecom was still losing money. It was built with borrowed money, and now I have to pay back the money from the bank, right?

In addition to these, there are huge research and development expenses, research and development of a new generation of broadband lines, new communication materials, 3G networks, etc., all of which burn money. The accounts were turned into a loss.

Everyone knows that American Telecom's accounts are tricky, but after Song Yang asked ICQ to acquire Perfect Continental Telecom, he signed the agreement in black and white, allowing American Telecom to retain the brand and operate independently, including finance and personnel, etc., also under the management of American Telecom At the bottom of the layer, ICQ got America Telecom "in name" in addition to paying a debt for America Telecom.

But what little Edgar can't bear is that American Telecom earns 30 to 40 billion US dollars a year, and it's fine if it doesn't hand over to the headquarters. How dare it ask the headquarters for funds? Is there any reason? , is there still a federal law? This man can't be so shameless!

   Immelt also frowned. He found that the ICQ problem was much more serious than he had imagined. He became a major shareholder and arranged for his own staff to enter the headquarters. Instead of solving ICQ's troubles, the contradictions became more serious.

Looking at the person in charge of the Comcast TV network who was about to move, Immelt felt that the current ICQ is a mess. It is true that he occupies the ICQ headquarters, but it is obvious that ICQ has acquired several major hilltops, American Telecom, Comcast TV Network and IC TV Station are not too fond of this headquarters.

That is to say, the NBC Group is the original General Electric's own people, and the Bronfman Group is on Immelt's side, but now that ICQ is in trouble, Immelt has no way to eliminate dissidents. Otherwise, the entire ICQ revenue is estimated to collapse even more.

  Iger said unhurriedly, "America Telecom needs to occupy the 3G mobile network market. This is a new round of war in the communications industry. America Telecom needs more research and development expenses, otherwise all previous efforts will be wasted!"

   In a word, Iger just wants money, and if he wants to transfer America Telecom's performance to ICQ's Internet business, he has to pay for it!

Immelt looked at Eiger, and Eiger looked at the most powerful person in America calmly, but he did not back down. Immelt only discovered today that this America Telecom appointed by Song Yang President, it looks a bit dull, but it's not so easy to mess with.

   "What is IC TV station doing again?!" Little Edgar asked impatiently to Andy Lake who was also asking for money.

Andy Lake also said helplessly, "Western Films is IC TV's largest supplier of film and television content. IC's most popular TV series such as "The Sopranos" and "Grey's Anatomy" are all supplied by Western Films. .

  In addition, the copyrights of several major variety shows of IC TV Station, including "The Ellen Show" and "American Idol", etc., have part of the copyrights in the hands of Western Pictures.

  In the latest quarter, Western Films requested an increase in the copyright fees for these TV dramas and variety shows, otherwise it will terminate its cooperation with IC TV.

  The copyright fees of the entire Hollywood are soaring this year, not just the western film industry! "

  Andy Lake defended Western Films, telling Little Edgar that it wasn't Western Films that raised prices, but the entire Hollywood.

   "Then..."

Little Edgar spoke halfway, but didn't go any further. He wanted to say, isn't Western Films the same family as IC TV? If Western Pictures cooperates.

  The reason why IC TV has become the sixth largest TV group in America in a short period of time is due to the series of TV series, variety shows, talk shows, etc.

  The slogan "produced by IC, must be a high-quality product" has been circulated among American TV viewers. If these programs are really stopped, what is left of IC TV? !

  After Iger and Andy Lake, the person in charge of the Comcast TV network also complained closely, wanting to get the ICQ headquarters to pay them more money, obviously trying to take advantage of it.

Little Edgar was in a state of desperation. Facing the group of people who publicly challenged him, he couldn't deal with it. Now he felt the aggrieved period before Irene left, but he was the one who made trouble before, and now it's his turn. Get messed up!

   "The ICQ headquarters will pay part of the funds for the various departments."

   Immelt looked at the crowd in the conference room, glanced at Eiger, and finally said, "The stock price of ICQ cannot collapse!"

   After finishing speaking, Immelt got up and left directly. Obviously, this head, who has always been considered elegant by the outside world, also felt a little angry and hated in the face of the current ICQ interior.

Back in the office, little Edgar was still yelling at Iger, Andy Lake, and Comcast at Immelt, "They are a bunch of robbers, and sooner or later, I will drive them all away! "

  Immelt waved his hand wearily, "Now is not the time to deal with these things. Let the PR department deal with the media. We can't let the media have too many negative news about ICQ. We must first keep the stock price!"

On Immelt's side, he had just settled ICQ's interior, and immediately asked the finance department to start making big moves on ICQ's performance report, using all kinds of cumbersome words and data to force the performance report into a bible, just not for Let it be seen.

  On the other hand, ICQ’s public relations department began to use a large amount of funds to publicize major media, and let them continue to tout ICQ.

   I can’t say there is anything wrong with Immelt’s actions. As long as the fire is covered and ICQ’s performance recovers in the next quarter, then this crisis will be over, and this time Immelt will be able to turn the tide.

   But when Immelt was still working hard as a paper maker, the Nasdaq stock price suddenly began to shake.

There are rumors in the market that the current head of the Federal Reserve seems to be a little dissatisfied with the enthusiasm of Nasdaq. The price-earnings ratio of the entire Nasdaq has soared to two hundred times. According to common sense, this is nothing but water. .

  As soon as the news came out, Nasdaq went down as a whole that day, but it didn’t last for a few days, and the stock price rose again. It was just like the 100-meter final, who would give up when they saw that they could win the championship after a few more steps? !

Putting it on Nasdaq, it is obvious that the money has already been invested, as long as the stock price rises, you can make a profit, how can you give up, let alone a bad old man who looks down on Nasdaq, even if it is a big commander, It can speak, and it doesn't work very well.

   "The Cowboy defeated McCain and won the Elephant Party's nominated candidate, and the Little Cowboy will face the Donkey Party's nominated candidate Al Gore!"

Song Yang looked up at the cowboy news broadcast on the TV station. After the general election, the cowboy family desperately supported it, many big figures endorsed it, and the little cowboy donated by countless rich and famous people defeated all the elephants inside the party without any accident. Many competitors, including the most powerful opponent, Senator McCain of the Elephant Party, also lost in front of the little cowboy.

On the other hand, Deputy Commander Al Gore also passed five trials and defeated six generals. Unlike the little cowboy, he has the support of so many big figures and raised several times more campaign funds than him. With a good image and a series of campaign strategies proposed, he was also nominated by the Donkey Party.

Now the media is starting to concoct the news about the Cowboy vs. Al Gore. Various media are reporting that the entire general election is about to enter a feverish state. The one-term Grand Commander was born between the two of them. As for the Internet, it was basically nothing before this great war...

  Song Yang looked at a financial magazine in his hand. This was the latest issue of "Barron's Weekly". The title of the magazine was "Burn Out", and the cover picture was also very straightforward, which was a pile of burning knives.

"This magazine surveyed the top 200 companies on Nasdaq, 71% of Internet companies Lilan are negative, including ICQ, Yahoo, AOL, Amazon and other giant companies, 51 companies will burn cash within 12 months Bad, 16% of the companies have less than 20 days of cash reserves, and the founders and investors of many Internet companies have already cashed out. Wall Street started today, and the funds invested in the Internet have decreased by 61% compared to the same period!

  The Internet is about to fall from the altar! "