Andy Lake and Egger appeared here in Song Yang, which also showed their attitude and which camp they were in.

The revolving door is prevalent in America. Not only the bosses of various departments in Washington, but also on Capitol Hill and state legislators often switch identities between 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!

Just like the gambling boss of MGM Pictures, he sold MGM several times and bought them back again, which made MGM so miserable that he was in a state of ecstasy.

It is true that Song Yang is not the largest shareholder of icq now, 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, and he still holds nearly 10% of icq's equity. There is no telling when he will come back and seize the status of icq's major shareholder!

For Andy Lake and Egger, they are labeled as Song Yang. Even if they join Immelt, little Edgar will be feared and will not be reused.

Especially from today's meeting, they could see that Immelt wanted to completely integrate ic TV station and America Telecom into icq, instead of letting them operate independently as before.

It cannot be said that Immelt is unreasonable. Any strong professional manager would do this, but anyone who is willing to give up 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 hole in icq's Internet business, and he could guess what he was thinking.

The major merger of icq is one of Immelt's proud achievements. 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 different. The Bronfman family was merged into icq and tied up by icq. They both prospered and suffered losses. There was no other way out.

Immelt's power and status are closely related to ICQ and General Electric. In addition, his salary, bonuses, and dividends can only be obtained by relying on high stock prices. So 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 high stock prices and market value to maintain his position. But 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 receive a penny less in salary. At most, his status will be lost, and his power and influence will also be reduced.

As for why Edgar Jr. and the Bronfman family would take this risk, Song Yang couldn't figure it out. Edgar Jr., the second-generation head of the family, really had an extraordinary brain circuit, and his thoughts were hard to fathom.

Song Yang raised his glass, clinked a glass of wine with Andy Lake and Egger, and said to them, "American Telecom and ic TV station can agree to use their performance to improve icq's business, but the icq headquarters needs to be ic TV station. America Telecom to pay for R&D and other expenses!"

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【Return to 1995】 【】

Andy Lake couldn't help but rub the root of his teeth. Song Yang's move of retreating in order to advance is really a deadly move. Immelt wants to use the performance of TV stations and America Telecom to fill the hole, so give it to him.

, but don’t try to take away a penny from them. Instead, let icq headquarters pay them funds.

The slightly dull Eger nodded slightly. Although he was not the first to join America Telecom, he was the one who built it bit by bit. If he had to hand over the management rights of America Telecom, Eger would

It’s really hard to do!

"Song, can icq survive?"

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

Song Yang did not answer, but slowly drank from the glass of wine, and finally said something ambiguous, "ICQ will not fall, nor will IC TV, nor will America Telecom!"

This sounds like he is optimistic about icq, but both Egger and Andy Lake are good people, so I can't understand the meaning of this. Song Yang said that icq will not fall, but he did not say that the stock price will not collapse!

ICQ, which has a market value of US$400 billion, and ICQ, whose stock price collapsed and became worthless, are two completely different headquarters. If ICQ's market value drops, it will not be as high as America Telecom or IC TV, and its revenue will not be able to compare with them.

It has become a force of weak trunks and strong branches. What will happen then?

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

When Edgar Bronfman Jr., who was sitting under Immelt, heard that Egger and Andy Lake proposed that ICQ headquarters should pay them funds, he couldn't help but slap the table and said, "

America Telecom and ic TV still need the headquarters to pay for you?!"

In the first half of the year, America Telecom's revenue hit a record high, reaching more than 18 billion U.S. dollars. The full-year revenue may exceed 40 billion U.S. dollars. This is due to the rapid growth of broadband users and mobile Internet users. America Telecom

It is America's largest broadband and mobile network operator, and electronics retail stores have also begun to bring revenue to America Telecom.

But not a cent of the money earned by America Telecom was handed over to the headquarters. After all, on the books, America Telecom was still losing money. The broadband lines laid in the past few years, the mobile signal towers built, and the electronic retail stores were all lost.

It was built with borrowed money, now it has to be paid back to the bank, right?

In addition to these, there are huge R&D expenses to develop a new generation of broadband lines, new communication materials, 3G networks, etc. These are all money-consuming. No matter how much you make, you can take America Telecom if you just want to.

The accounts were in the red.

Everyone knows that America Telecom's accounts are fishy, ​​but after Song Yang asked icq to acquire America Telecom, he signed in black and white that America Telecom would retain the brand and operate independently, including finance, personnel, etc., all would be managed by America Telecom.

Apart from shouldering a huge debt for America Telecom, icq obtained America Telecom in name only.

But what makes little Edgar unbearable is that America Telecom has made 30 to 40 billion U.S. dollars a year. It’s okay if they don’t hand it over to the headquarters. How dare they ask the headquarters for funds? Is there any justice?

, is there any federal law? You can’t be so shameless!

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【Return to 1995】 【】

Immelt was also rubbing his brows. He found that icq's problems were much more serious than he thought. Becoming a major shareholder and arranging for his own people to enter the headquarters did not solve icq's troubles, but made the conflicts more serious.

Looking at the head of the Comcast TV network who was about to make a move, Immelt felt that the current icq was in disarray. It was true that he occupied the icq headquarters, but it was obvious that icq had acquired several major mountains from within, including America Telecom,

Comcast Television Network and IC Television are not very fond of this headquarters.

That is to say, NBC Group is the former General Electric's own people, and the Bronfman Group is on Immelt's side. However, now ICQ is in trouble, and Immelt has no way to eliminate dissidents.

Otherwise, the entire icq revenue will probably collapse even more.

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

In short, Iger just wants money. If he wants to transfer America Telecom's performance to icq's Internet business, he has to invest money!

Immelt looked at Egger. Egger looked at the most powerful person in America calmly without giving in. Only today did Immelt find out that America Telecom was appointed by Song Yang.

The president looks a little dull, but he is not that easy to mess with.

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

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

.

In addition, some of the copyrights of IC TV's major variety shows, including "The Ellen DeGeneres Show" and "American Idol" are in the hands of Western Pictures.

In the latest quarter, Western Pictures requested to increase the copyright fees for these TV series and variety shows, otherwise it would terminate its cooperation with ic TV.

Copyright fees across Hollywood have soared this year, and it’s not just Western Pictures!"

Andy Lake defended Western Pictures, telling Edgar Jr. that it was not Western Pictures that had raised prices, but the entire Hollywood industry.

"Then..."

Little Edgar said half of it, but didn't go on. He wanted to say that Western Pictures and IC TV were not part of the same family. They both had the same surname as Bruno, so why not play a double act here? But in the end, he didn't say anything to ask IC TV to cut off the relationship.

If we cooperate with Western Pictures.

The reason why ic TV station has become the sixth largest television group in America in a short period of time is that in addition to the popular show, it has also launched a series of TV series, variety shows, talk shows, etc. that have caused a viewing frenzy.

The slogan "The products produced by ic must be high-quality" have been circulated among American TV viewers. If these programs are really stopped, what will ic TV station have left?!

After Iger and Andy Lake, the people in charge of the Comcast TV network also complained and wanted the icq headquarters to pay them more funds. It was obvious that they wanted to take advantage.

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【Return to 1995】 【】

Little Edgar was a little anxious. He couldn't deal with the group of people who were openly challenging him. He now felt that he felt aggrieved before Irene left. It was just that he was the one who caused trouble before, and now it was his turn.

Got into trouble!

"ICQ headquarters will pay part of the funds to each major department."

Immelt looked at the people in the conference room, glanced at Egger, and finally said, "ICQ stock price cannot collapse!"

After saying that, Immelt stood up and left. Apparently, this leader, who was always regarded as elegant by the outside world, felt a little angry and hateful when faced with the current situation within icq.

Back in the office, Edgar Jr. was still angrily scolding Iger, Andy Lake, and Comcast at Immelt, "They are just a group of robbers. Sooner or later, I will drive them all away!"

"

Immelt waved his hand tiredly, "Now is not the time to deal with this. Let the public relations department and the media deal with it. We can't let the media have too many negative news. We must protect the stock price first!"

Immelt, who had just finished icq's internal affairs, immediately asked the finance department to start tampering with icq's performance report, using all kinds of complicated words and data to turn the performance report into a bible.

Let people see it.

On the other side, icq's public relations department began to spend large sums of money on public relations with major media, so that they could continue to praise icq.

I can’t say there’s anything wrong with what Immelt did. As long as the fire is contained and icq’s performance can pick up next quarter, then this crisis will be over and Immelt can turn the tide this time.

But while Immelt was still working hard as a paper framer, 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 craze of Nasdaq. The price-to-earnings ratio of the entire Nasdaq has almost soared to 200 times. According to common sense, this is simply full of water.

.

As soon as the news came out, Nasdaq fell overall that day, but it did not last for a few days, and the stock price rose again. This is just like in the 100-meter finals, when you see that you can win the championship in just a few steps, who is willing to give up?!

When it comes to Nasdaq, it is obvious that the money has been invested. As long as the stock price rises, you can make money. No matter how you are willing to give up, let alone a bad old man who belittles Nasdaq, even the general manager will

It's not easy to speak.

"The little cowboy defeated McCain and won the nomination of the Elephant Party. The little cowboy will face Al Gore, the candidate of the Donkey Party!"

Song Yang raised his head and glanced at the news about the little cowboy being broadcast on the TV station. After the election, the cowboy family desperately supported it, endorsed by many big shots, and donated by countless rich and famous people. As expected, the little cowboy defeated a group of people within the Elephant Party.

Many competitors, including the most powerful opponent, veteran Elephant Party Congressman John McCain, were also defeated in front of the little cowboy.

On the other hand, Deputy Commander Gore also passed five hurdles and defeated six generals. Unlike the little cowboy, he had the support of so many big figures and raised several times more campaign funds than him. However, with the popularity of the deputy commander over the past few years, he still managed to win.

He has a good image and proposed a series of campaign strategies, and was nominated by the Donkey Party.

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【Return to 1995】 【】

Now the media has begun to concoct news about Cowboy vs. Al Gore. All media are reporting that the entire election is about to enter a white-hot state. Both sides will use various means. In a few months, at the end of the year or early next year, the new election will be held.

The first commander-in-chief was born between the two of them. As for the Internet, before this war, it was basically nothing...

Song Yang flipped through a financial magazine in his hand. This was the latest issue of "Barron's". The title of the magazine was "Burn Out", and the cover picture was very direct, showing a pile of burning knives.

"This weekly survey of the top 200 companies on Nasdaq shows that 71% of Internet companies have negative profits, including giant companies such as ICQ, Yahoo, AOL, and Amazon. The cash of 51 companies will be burned within 12 months.

, 16% of companies have less than 20 days of cash reserves. Many founders and investors of Internet companies have already cashed out and left. Starting from the beginning of today, Wall Street’s funds invested in the Internet have decreased by 61% compared to the same period!

The Internet is about to fall from the altar!”
Chapter completed!