Back to 1995

Chapter 839
Listening to Edgar Bronfman Jr.'s complaints, Song Yang's expression was a little subtle. He didn't expect that someone would actually say in front of him that the record industry was overthrown by Song Yang.

Even if the other major record giants or record industry practitioners are dissatisfied with the impact of digital music, they will never admit failure, let alone blame all problems on Internet music platforms. Everyone knows , this is just incompetent rage.

This is just like ordinary supermarkets or clothing stores in later generations who have a bad life and blame the rise of e-commerce for the problem. But it is so popular that other brands of supermarkets are in awe. This is obviously not just a problem of e-commerce, or just an inducement.

The same reasoning applies to the recording industry. Even if there is no Internet music platform, the glory days of the recording industry are about to enter a downhill road.

Traditional rock, country, blues and other music are hard to set off global popularity, while emerging rap, rap and other songs are very popular, but the audience and consumption power, without the support of those mainstream users, The reputation is getting bigger and bigger, but if you want this type of song to reach the sales volume of more than [-] million copies of Michael Jackson's album, it is basically a dream!
The music industry is about to enter a new era. There will be more types of music, and there will be different music-loving groups among users. Can the high-ranking record group launch different records for different music user groups?

Even if you think about it, you know that it is impossible, but the Internet music platform can!
Use big data algorithms, comment areas, music communities, etc. to bring together different music users and provide them with the same type of songs. Are you afraid that users will not pay? !
Immelt and Irene listened to little Edgar's words, and couldn't help taking another look at this little Edgar, who was called "the stupidest person in the media industry" by "New York" magazine.

At this point today, little Edgar still seems to think that he is not at fault. What is wrong is the market of the recording industry, Scour's gang of websites without music copyrights, and Saipan music stores, which harbor evil intentions!

"In this world, except Meidao, no one can please everyone. Whether President Edgar likes it or not, the Saipan Music Store is there!"

Song Yang didn't argue too much with Edgar Bronfman Jr., so what if he won the argument, even if he developed a family worth tens of billions into a family worth billions, this guy didn't admit defeat.

For this kind of person who feels that the whole world needs to revolve around him, Song Yang feels that he still lacks the beatings of the society. If he is educated by Wall Street a few times and loses a lot of value, he will probably wake up. Perhaps, little Edgar himself I understand, but I don't want to admit it.

Song Yang cast a helpless look at Immelt, and then got up with Irene and walked aside. Anyway, after the merger, it will be Immelt who needs headaches, not Song Yang.

The ICQ board of directors, which was already a mess, ushered in the entry of little Edgar. Song Yang was a little curious, whether there would be a direct fight in the board of directors in the future!
After Song Yang and Irene left, Immelt said to Edgar, "Edgar, no matter how you look at the Saipan Music Store, after the merger of Song, ICQ and Bronfman Group, the future will be with the Saipan Music Store, will be collaborators.”

Seeing that Edgar Bronfman Jr. wanted to refute, Immelt's tone became serious, "If you want the Bronfman Group to complete the merger with ICQ, you must accept all of this!"

It is important to acquire Universal Music and Universal Movies through the acquisition of Bronfman Group, but it is not so important compared to getting the 9% equity from Song Yang and becoming the major shareholder of ICQ.

Hearing Immelt's warning, Edgar Bronfman Jr. felt a little dissatisfied, but he didn't dare to show it, "I want to be on the ICQ board of directors for this merger!"

"Of course, the Bronfman family will become one of ICQ's major shareholders!"

"Compared to Bruno Song at ICQ?"

Immelt could see clearly that what little Edgar said just now might not only be dissatisfaction with Saipan Music Store, but also dissatisfaction with Song Yang.

Compared with Song Yang who often appears in various media and is still touted, Edgar Bronfman Jr. is a negative teaching material. He was scolded and ridiculed in various ways, and he was even compared with Song Yang. For little Edgar, who grew up surrounded by flowers and applause, it's no wonder he has a good impression of Song Yang!

"Maybe there will be a chance, but Song is the founder of ICQ and the symbol of ICQ. No one can make him leave ICQ!"

Immelt said something vaguely, but little Edgar heard the implication. Immelt only said that Song Yang cannot be kicked out of ICQ, but he did not say that the ICQ held by the Bronfman Group cannot be If the equity exceeds Song Yang's equity, or Song Yang will be kicked out of the ICQ board of directors!
Looking at the figure of Song Yang in the distance, little Edgar took a sip of the wine, and suddenly felt that this glass of wine was much worse than the ones in his family's collection, but today's glass of wine seemed to taste particularly good.

Thinking that he is about to join ICQ, and even hold more shares than Song Yang who established ICQ, and even have the opportunity to drive Song Yang out of the board of directors in the future, little Edgar suddenly felt an inexplicable sense of excitement!

Looking at little Edgar's expression, and then at Song Yang in the distance, the corner of Immelt's mouth curled up slightly, but little Edgar Bronfman was not likable, with that kind of arrogance in his bones , Let Immelt also feel very uncomfortable.

But if you have to choose Song Yang or Edgar Jr. to stay on the ICQ board, then Immelt would rather choose Edgar Jr.!

It's hard to say how capable this guy is, not to mention his temper and personality, but as long as he is coaxed and given enough treatment, little Edgar will basically not fight against Immelt, nor will he stop him, but Song Yang is different. Even though Song Yang has always cooperated with him, Immelt still feels that Song Yang is much more difficult than little Edgar!

Another point is that if Immelt wants to fully control the ICQ board of directors, he needs allies and someone to charge forward. Now Immelt has only two seats on the ICQ board of directors, one is General Electric and the other is NBC Group Yes, putting Edgar Jr. on the board of ICQ is a natural ally of Immelt.

On the other hand, with Little Edgar's personality, there will definitely be no peace. At that time, Little Edgar will attack Irene's "ICQ veterans", Comcast Group, Telephone and Telegraph Group, and disrupt the entire ICQ board of directors , Immelt can take the opportunity to "preside over the overall situation" and control the entire ICQ board of directors!
"What will ICQ look like in the future?"

Seeing Edgar Bronfman standing with Immelt, even Irene, who decided to throw the blame away, couldn't help but sigh. She felt that ICQ's management this year might be a mess.

Song Yang didn't know what Immelt and Edgar Bronfman Jr. were planning. Even if he knew, he wouldn't care. The leek field is so fiercely contested that even life is at stake?

After Immelt took office, the first thing he did was to propose to the General Electric Board of Directors a resolution to acquire 9% of ICQ’s shares from Song Yang, so as to completely control ICQ. The General Electric Board of Directors naturally agreed with Immelt’s decision Absolutely agree, I greatly appreciate Immelt's courage!

Externally, Immelt led ICQ to initiate a merger with Bronfman Group. As soon as the news came out, the stock prices of General Electric and ICQ rose sharply again. Regarding Immelt's situation of swallowing thousands of miles like a tiger, Wall Street and major investment institutions, I have seen it all, and as soon as I come up, I make big moves without taking a breather.

With the acquisition of Bronfman Group, Universal Pictures and Universal Music and other industries will be acquired. ICQ's last shortcoming in the media and entertainment industry will be filled. From then on, ICQ will span the Internet, telecommunications, TV stations, TV networks, and movies. , music and many other industries have formed a complete closed-loop industrial chain. I have to say that seeing ICQ's empire is indeed extremely attractive!

(End of this chapter)