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Chapter 887
The appearance of Andy Lake and Eiger at 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!

Just like the gaming boss of MGM Pictures, he 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 snatch the status 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 ICNC 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 give up the territory and people he has worked so hard to build will be kicked out at any time.

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

The big merger of ICQ 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.

Immelt and Edgar Bronfman Jr. have different goals. The Bronfman family was merged into ICQ and tied up by ICQ. They all prospered and all lost. There is no other way to go.

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, 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 take a penny less in salary. At most, his status is gone, and his power and influence have also declined.

Song Yang couldn't figure out why Little Edgar and the Bronfman family took such a risk. The brain circuit of Little Edgar, the second-generation leader, was really extraordinary, and his mind was hard to fathom.

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

Andy Lake couldn't help rubbing 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 give 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 go down, nor will ICNC TV and American Telecom!"

These words sound like they are optimistic about ICQ, 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 value of 4000 billion US dollars, and ICQ with a stock price that is worthless are two completely different headquarters. If the market value of ICQ falls, it will not be as high as American Telecom and ICNC TV Station, and its revenue will not be as high as them. If the momentum of weak stems and strong branches is lost, what will happen 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 ICNC 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 180 billion US dollars, and its annual revenue may exceed 400 billion US dollars. This is due to the rapid growth of broadband users and mobile Internet users. American Telecom is the largest in America. Broadband and mobile network operators, as well as electronic retail outlets, are also starting to generate revenue for Americas Telecom.

However, American Telecom did not hand over any of the money it made 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 400 billion dollars a year, and it's fine if it doesn't hand it over to the headquarters. How dare it ask the headquarters for funds? Is there any reason? Is there 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 people to enter the headquarters. This did not solve ICQ's troubles, but made the conflict even 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 Television Network and ICNC Television 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 spend money!

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

"What is ICNC 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 the largest supplier of film and television content for ICNC TV. ICNC's most popular TV series such as "The Sopranos" and "Grey's Anatomy" are all supplied by Western Films. .

In addition, several major variety show copyrights of ICNC TV station, including "Ellen Show" and "America Idol", etc., have some 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 would terminate its cooperation with ICNC TV.

Copyright fees are soaring throughout Hollywood this year, not just Western Films alone! "

Andy Lake defended Western Films, telling Little Edgar that it was not 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 company as ICNC TV? If Western Pictures cooperates.

The reason why ICNC TV has become the sixth largest TV group in America in a short period of time is that, in addition to the opening show, a series of TV dramas, variety shows, talk shows, etc.

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

After Iger and Andy Lake, the person in charge of the Comcast TV network also complained, wanting 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 to 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 speaking, Immelt got up and left directly. Apparently, the leader who has always been regarded as elegant by the outside world felt a little angry and hated facing the current inside of ICQ.

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 public relations department deal with the media. We can't let the media have too many negative news about ICQ. We must first save 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.

It’s hard to say that there’s anything wrong with Immelt’s actions. As long as the fire is contained and ICQ’s performance recovers in the next quarter, the crisis will be over, and Immelt will be able to turn the tide this time.

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. This is the same as in the 100-meter final, who is willing to give up when they see that they can win the championship in a few 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 John McCain for the Elephant Party's nomination, and the Cowboy will take on the Donkey Party's nominee 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 very straightforward, which was a pile of burning knives.

"This magazine surveyed the top 71 companies on Nasdaq, 51% of Internet companies have negative profits, including ICQ, Yahoo, AOL, Amazon and other giant companies, and 12 companies will burn out their cash within 16 months 20% of the companies have less than 61 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 [-]% compared to the same period!

The Internet is about to fall from the altar! "

(End of this chapter)