Back to 1995

Chapter 331
Brian Roberts planned the future of Comcast, which is to span telecommunications, media, and the Internet. He wants Comcast to become the largest telecom operator, the largest cable TV station, and the largest Internet media content in America. Suppliers, that is, online music, TV series, news and even games, etc., are provided by Comcast.

But now, the concept proposed by Song Yang is far beyond the imagination of Brian Roberts. He dare not imagine what kind of behemoth will be composed of American Telecom, ICQ, NBC, and Comcast Cable TV together. But it definitely surpassed Disney, ABC, CBS and other media groups in one fell swoop!
Song Yang looked at the people in the conference room, all of them were still in shock, obviously they hadn't recovered yet.

AOL was able to acquire Time Warner and engaged in a wave of mergers and acquisitions of the century. I don’t know if those who invested in AOL made any money, but the traders behind AOL and Time Warner must have made a lot of money!
AOL can do it, why can't American Telecom and ICQ do it? AOL can do the first grade of junior high school, and America Telecom and ICQ can do fifteenth. Isn't it just a whole job?

Song Yang has more ways to make a living here, not only can America Telecom and ICQ take the lead, if the merger can be completed, then Double-Click can also contract advertising business, Xueleshan provides game business, Feita provides security business, and can sell Give the user a Panda LCD TV, use an Alcatel mobile phone, the fat will not flow into the fields of outsiders, anyway, it will not lose money...

As for whether NBC and Comcast will be beaten to pieces like Time Warner, that is not something Song Yang needs to consider.

As a media giant in America, Time Warner has gone through the pitfalls and learned the lessons bought with tens of billions of dollars. Why can't NBC and Comcast repeat it?
Besides, if the merger can be completed, it will take advantage of it, not only American Telecom and ICQ, but the stock prices of General Electric and Comcast will also skyrocket, depending on whether they can grasp it.

Moreover, Immelt is at the critical moment of seizing the throne. If he can facilitate this shocking acquisition and prove his ability to Welch and the General Electric board of directors, then he will be the president of General Electric. It's a done deal.

After Song Yang raised his mouth, he stopped talking, but for the crowd present today, it was like a seed that had been planted in their hearts, growing wildly, especially for Immelt, Brian Roberts and Jeff Skilling, who sat on the side and always liked to make things happen, were also a little restless.

If Immelt wants to become the head of General Dynamics, he needs to make achievements. What better way to prove himself than to facilitate the merger of a $[-] billion company?

Compared with this matter, ICQ's equity financing seems to be that the companies in the conference room are no longer too concerned, but the competition for ICQ's equity is more intense.

Jeff Skilling doesn't know whether the merger of America Telecom, ICQ, and NBC mentioned by Song Yang just now can be completed, but he still knows that ICQ may definitely become a sweet potato, so let's start. But not soft at all.

"Enron is willing to invest 5 million U.S. dollars in ICQ in exchange for [-]% of ICQ's equity!"

Hearing Jeff Skilling's words, Greg Maffey and Todd, who were talking and laughing with him just now, couldn't help glaring at him, cursing inwardly, why didn't Jeff Skilling talk about it? Wude.

As soon as they come up, they will take away 5% of ICQ's shares, so let them play with a few companies. This is obviously to grab jobs!

The scolding is all scolding, originally I came here to make soy sauce, to make a point of Microsoft, and now Greg Maffey dare not let Microsoft miss this investment, otherwise Bill Gates may not be able to explain it.

"Microsoft is also willing to invest in ICQ. Mr. Bill Gates is very concerned about ICQ. Microsoft believes that ICQ will be one of Microsoft's most important partners in the Internet industry!"

Seeing that the situation was not right, Greg Maffei directly moved out of Bill Gates and Microsoft, and started shaking people. He made it clear that if Microsoft was not allowed to invest this time, it would be against Microsoft. For so many years, dare to fight against Microsoft I can't make it through, but it's all cold, and there is a Netscape that hasn't cooled down, and it's almost here now.

Looking at Enron and Microsoft who are unrelenting, Comcast is also not to be outdone, "Comcast is willing to reach a cooperation with ICQ.!"

Comcast has come up with a trump card, which is cash investment instead of stocks. This is the biggest advantage of Comcast for the companies present today.

Seeing that Enron, Microsoft, and Comcast had all quoted prices, Immelt took a quick look into the conference room.

Immelt is not in a hurry to make an offer. For General Electric, what is the biggest advantage? Microsoft is far behind.

"Song, I think all the companies here today are interested in investing in ICQ. Everyone is optimistic about the future of ICQ!"

Immelt looked at Song Yang and said, "I hope ICQ can give up more of its equity, and GE is willing to increase the investment amount!"

When I heard that General Electric was going to take the initiative to increase its investment, ICQ was taken aback. ICQ’s valuation of US$60 billion was outrageous enough. How can General Electric increase its investment? When money.

Irene and ICQ's executives all glanced in Song Yang's direction. Right now ICQ really needs money. Instant messaging, intentions, and other businesses are all on ICQ like a gold swallowing beast. If they can get big A pen of cash, for ICQ, is definitely a solution to the urgent need.

But Song Yang knew that if Immelt wanted to invest in ICQ, and it was adding money, it might not be for ICQ at all, but it might be more for the big merger that Song Yang pulled out just now!
"ICQ can give up 10% of the equity at a price of 24 million US dollars, and request that NBC and ICQ jointly establish a [-]-hour news TV station in the Internet industry. This TV station can be watched on the Internet and accessed offline. Among the TV channels of NBC and Comcast, and can use the NBC logo and LOGO!"

Song Yang looked at Immelt and Brian Roberts, and he opened his mouth directly. The sky-high financing price of [-] million US dollars is equivalent to directly raising the valuation of ICQ by a large amount. Listen The executives on the ICQ side were a little confused.

If this happens, ICQ's valuation will surpass Netscape before it goes public, equivalent to two Yahoos, and it will be the well-deserved Internet No. [-] brother of Nasdaq. How long has it been since ICQ went online?

Greg Maffey and Todd, when they heard Song Yang's proposal to let ICQ establish a joint TV station with NBC and enter NBC and Comcast TV channels, they couldn't help but start to envy them, and reached out to the media , Mastering public opinion by yourself, Microsoft has been thinking about it for many years, but there is still no progress, but now ICQ seems to have a clue, how can this not make Microsoft envious.

The sky-high financing price of US$[-] million is affordable for Enron, Microsoft, Comcast, and General Electric, each of which is worth US$[-] million. The key is to establish a new Internet TV station. This is the key!

Immelt thought for a moment, and said, "I will report this matter to President Welch and the General Electric Board of Directors, but I ask General Electric to request a 4% stake in ICQ, and ICQ's subsequent investment, General Electric They are all required to participate, and if a new Internet TV station is established, NBC will demand 50% of the new TV station's equity!"

That is to say, General Electric will continue to invest in ICQ in the future, and may even become the second largest shareholder of ICQ in the future, or even more.

As for the new Internet TV station, General Electric and ICQ share the shares equally, and each holds 50% of the shares. In the future, the new TV station must be jointly operated by both parties, but NBC has more experience and has a complete set of TV station personnel. The TV station is definitely going to be dominated by NBC.

Now whether to give General Electric a chance to enter the market, or not to let General Electric enter the market, to put it bluntly, it may be to lure wolves into the house, it depends on how Song Yang makes a decision.

Looking at Immelt, Song Yang finally nodded, and then looked at Enron, Microsoft, and Comcast, "The remaining 6% ICQ equity, if you are willing to invest, each can get 2% Of course, ICQ's follow-up investment will still be invested by you!"

After spending so much money, there must be a condition. 2% of ICQ’s equity is terribly expensive now. We must let a few companies participate in ICQ’s follow-up financing, otherwise it will be a bit too ruthless.

"Enron is willing to invest!"

It was Jeff Skilling who spoke first, and he agreed directly without paying back the price. He wished ICQ would have a higher valuation. Song Yang had promised him that he would give him and Kenneth's family 3% of ICQ's equity, in just one day, the dollars they can get have soared by a large amount!

With Enron as a babysitter, Microsoft and Comcast would not be able to bargain with ICQ. After Enron, Greg Maffei also agreed to invest on behalf of Microsoft.

"Comcast is willing to invest in ICQ and will also incorporate the new TV station into Comcast's TV channels."

Brian Roberts said that for Brian this time, it was definitely a worthwhile trip.

After several signings were completed, Irene, Wesley and other ICQ executives couldn't help but breathe a sigh of relief. This time it was beyond their imagination. How could they have imagined that ICQ would be so valuable? !
(End of this chapter)