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Chapter 989

Things are different now

Jerry Levin ignored the complaining Ted Turner. This bad old man cursed people so harshly. When AOL Time Warner's stock price collapsed, Ted Turner went to the Rainbow Hall of the Rockefeller Center building to curse people. Jerry Levin

Ray Levin became a hot search topic, which also kicked off the media's mad campaign against him and Keith.

Looking at the directors and executives of Time Warner sitting in the conference room, they were all whispering in low voices, and they didn't pay much attention to Jerry Levin. It was obvious that the authority of his CEO was within Time Warner.

, some losses have already been lost.

On the other hand, Richard Parsons, who once served as Jerry Levin's assistant, is vaguely sought after by many people. He is considered to be the successor to Jerry Levin as president after Jerry Levin retires.

The characters have not left yet, and the tea has gone cold.

Ted Turner is also involved with Richard Parsons. He has not yet left Time Warner and has not cashed out all his stocks. Whether his stocks will be valuable in the future depends on Richard.

De Parsons will do.

"I have something to announce, and it concerns the entire Time Warner, including everyone here!"

Jerry Levin spoke directly regardless of the reaction of everyone in the conference room. The originally noisy conference room suddenly became silent after Jerry Levin's next words came out.

"I received an invitation from Bruno Song today. ICQ is planning to acquire AOL Time Warner!"

Ted Turner, who was still talking to Richard Parsons, couldn't help but widen his eyes when he heard this, "Bruno Song wants to acquire Time Warner?"

The entire Time Warner executives were shocked by the news. A moment later, the conference room exploded.

"Can anyone tell Time Warner now?!"

"Is it really Song who wants to acquire it?"

"One disaster is not enough, why should there be another one? Internet companies are all liars!"

Everyone in the conference room had different reactions, including excitement, anger, and doubts. They suspected that this time was another big pit, and all kinds of emotions of all living beings were vividly displayed here.

Ted Turner originally wanted to mock Jerry Levin and push Time Warner into the next fire pit.

But when the words came to his lips, Ted Turner spoke again. It is true that it is obvious that people within Time Warner cannot trust Internet companies at all.

But that is also relative. It is rare to see people who can use the Internet to cut leeks and become the richest man!

When Time Warner and AOL merged, they still wanted to challenge ICQ, but ICQ always overpowered them.

Like AOL Time Warner, ICQ also experienced twists and turns. First, the major shareholder was changed to General Electric, then the stock price collapsed. Finally, Song Yang led people to return to ICQ and dismantled ICQ to pieces.

After a fierce operation, selling America Telecom, Universal Music, and Universal Pictures, and acquiring Sierra Games, ICQ's stock price actually began to recover again, and now the market value has slowly climbed back to around 100 billion U.S. dollars.

!

Compared with ICQ at its peak, ICQ's current stock price and market value have dropped by more than half. However, compared to AOL Time Warner, ICQ's life is much easier. It has a lot of cash flow in its hands, and it is basically

No need to worry about bankruptcy and debt.

In addition, they came up with a gimmick to launch a new social platform. Not to mention, the Wall Street institutions and a bunch of leeks just followed this trick, which suddenly caused the ICQ stock price to rise again.

If ICQ, who is good at playing on the Internet, takes over Time Warner, it seems to be a good choice. At least the stock price does not seem to have to worry about falling. At this time, Ted Turner had various thoughts in his mind.

Richard Parsons looked at the reactions of everyone in the conference room and couldn't help but look towards Jerry Levin. He was a little unsure about what his former boss was planning.

Whether Jerry Levin is really thinking about Time Warner or does not want to retire. Richard Parsons is not sure whether he is using this kind of thing to cause trouble, but one thing is that if Time Warner is acquired, then

His original appointment as the next president of Time Warner has basically come to nothing. ICQ will definitely not let him take over Time Warner and will definitely replace him with one of its own.

"What if the merger with ICQ is still a mistake?!"

Richard Parsons suddenly spoke at this time, making many people in the conference room even more hesitant.

Jerry Levin glanced at his former younger brother and did not refute, but looked at the people in the conference room, "I will no longer seek to be the president of Time Warner. Regardless of whether this merger will come true, I will

Resign as President of Time Warner!"

"Now Time Warner is in trouble, AOL's revenue continues to shrink, dial-up Internet users are constantly being taken away by broadband and satellite Internet companies, and it may continue to face huge losses next quarter!

At the same time, AOL Time Warner Inc. is also facing $3 billion in financial fraud damages and $28 billion in debt.

I admit that I have made mistakes, but I want to solve this problem for Time Warner before I retire, whether it is for the board of directors or the ordinary investors who bought Time Warner!"

Raising his arms, Jerry Levin said, "I propose to start merger negotiations with the ICQ acquisition group!"

The voting began in the conference room. Directors who supported Jerry Levin and people who wanted to get rid of this mess all raised their hands, but most of them were still hesitant.

At this time, Ted Turner, who had been quarreling with Jerry Levin and causing trouble, driving Case away and sending him home for retirement, suddenly raised his arms and said, "I support Time Warner starting negotiations with ICQ

!”

Ted Turner's support surprised the people in the conference room again. They did not expect that Ted Turner would support Jerry Levin. Richard Parsons, who was sitting next to him, also did not expect that Ted Turner would support Jerry Levin.

I didn’t expect that the bad old man who just vowed to support him as the new president of Time Warner would betray him so quickly. Have you ever considered the feelings of the person involved?!

In a villa in New York, Keith, who had entered retirement life ahead of schedule, was aimlessly watching TV stations.

Leaving AOL, which he had built, completely disrupted Keith's life. Usually at this time, he was either holding meetings at AOL or attending gatherings and parties with big names. Countless people were surrounding him like stars.

.

But now, everything has changed. Those followers are gone. The parties that usually couldn't be held without his presence were no longer invited to him. Case had more time, but it seemed like he had nothing to do.

Just average...

Case has also thought about making a comeback. He has no hope of returning to AOL Time Warner and establishing a new company. However, for Case, who has been in charge of a giant company with more than 300 billion US dollars, let him start over.

Like a little minion, Keith just couldn't get over the hurdle in his heart when he went to seek help from his past rivals or even his younger brother who could only please him in the past.

It is true that a man can bend and stretch, but with Keith's experience and age, it is really difficult to achieve that step.

The arrival of a person interrupted Keyes' thoughts. When he saw Leonsis arriving, Keyes got him a cup of coffee. In the past, Leonsis did all these tasks, but now that Keyes has retired, he can still

The one who came to see him was Leonsis.

Case also felt a little guilty about Leonsis. As his confidant, after Case retired, Leonsis was quickly marginalized in AOL Time Warner. Now he can only stay in an insignificant department as a supervisor, and is often dismissed.

against.

"You seem to have something on your mind?!"

Keith asked Leonsis with a smile and continued to change TV stations. When he saw the entertainment channel, Keith couldn't help but pause.

"Starring Italian Victoria's Secret supermodel Monica Bellucci, The Beautiful Legend of Sicily was released globally for three days. The North American box office exceeded US$14.5 million. The IMDB score exceeded 9.1 points. Many film critics praised it as the best film of the year.

Film……"

On the TV was a still photo of Monica lighting up a cigarette and several men vying to light lighters to light her cigarette.

Keys could see that this entertainment channel was touting the movie. Keys was not interested in the entertainment industry, but Warner Pictures was owned by AOL Time Warner, which made Keys somewhat unfamiliar with Hollywood.

Those who know, have heard the rumors between Monica and Song Yang.

Leonsis on the side saw that at this time, Keyes still had the heart to watch TV.

"Jerry Levine just held a board meeting and I heard some rumors."

After listening to Leonsis's words, Case pricked up his ears, but his expression remained indifferent.

But what Leonsis said next made Case completely unable to hold back, and he was stunned.

"I heard that Jerry Levin wants Time Warner to start merger negotiations with ICQ!"
Chapter completed!
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