Hearing Yu Dong say that he wanted Turner Broadcasting Company, Steven Case's eyes widened and he looked at Yu Dong in disbelief, "What did you say you wanted?"
Yu Dong didn't answer, just smiled and said, "You heard what I said, you don't need me to repeat it again."
"I did hear what you said, but I couldn't believe it," said Steven Case.
Yu Dong said with a smile: "What's unbelievable about this? I want Turner. Is this strange?"
"Not surprising, not surprising at all." Steven Case shook his head, "For you, if you can have a powerful subsidiary like Turner, it will be very useful for your development. There is an old saying in China.
, it is said to give wings to the tiger, Turner is like wings to you. However, Turner is not icq, you can buy it if you want."
Yu Dong shrugged and said, "Mr. Case, I don't understand this. Wasn't Turner bought by Time Warner with money a few years ago? Time Warner can buy it with money, but we can't buy it with deep space."
Is it true? To be honest, as far as your current situation is concerned, it has only disadvantages and no advantages for Turner Broadcasting Company. The quality of Turner Broadcasting Company’s TV programs has declined in the past two years. This is definitely related to the merger and acquisition of the parent company.
Perhaps it would be better for their development to leave Turner Broadcasting Company in our hands now."
Steven Case pursed his lips, "Let's not talk about whether I agree with this deal or not. Time Warner cannot agree. Although I am the CEO after the merger, I cannot decide this kind of thing alone.
. Turner Broadcasting is an important part of Time Warner, and they will not give it up easily. Moreover, even if we all agree, are you sure that the relevant departments will not appear? Even if we merged with Time Warner, we were blocked by many parties.
Although Turner Broadcasting is not a large company, it is different from other companies."
Yu Dong looked at Steven Case and said, "I think you should help us facilitate this matter. Since the merger was initiated, the market value and turnover of the merged company have been falling. I think someone in the company has already seen it.
I'm not used to you anymore. If you continue like this, you won't be able to work as CEO for long. It's even said that Time Warner may break away from AOL and return to its original state. In this case, your work will be in vain, and you will also lose money.
You've played it yourself. By then, should you still worry about whether Turner is in Time Warner or not? Why don't you put some thought into it now and send Turner Broadcasting to us, and we'll help you get through the current difficulties.
, and after Time Warner loses Turner Broadcasting, it will be easier for you to manage. Perhaps, in this way, your internal integration will be accelerated faster."
After listening to Yu Dong's words, Steven Case was quiet for a while, and finally said, "What you said does make sense, but the point is, even if I am the CEO and the chairman, it is very difficult to complete this matter.
It’s difficult. It’s impossible for Time Warner to agree to it. Turner Broadcasting has indeed not developed much in the past two years, but it has a great impact and still has great potential.”
"It all depends on people." Yu Dong smiled and leaned back in his chair, "Mr. Case, to tell you the truth, I have carefully studied the current situation of your company, and it is not difficult to overcome the difficulties. As long as you can
Help us take down Turner Broadcasting Company, we can help you with this matter."
Steven Case frowned and said, "How should I trust you? What will happen if you don't help me after you get Turner Broadcasting Company?"
"It's simple. You help promote this deal first. As soon as we see hope in the deal, we will start to help you solve the problem." Yu Dong said with a smile: "Anyway, I'm not worried about you breaking the contract after helping you."
Steven Case nodded, and then said, "The acquisition of Turner Broadcasting is not of the same magnitude as the acquisition of icq. Although Turner Broadcasting has not had any major development in the past two years, we will not trade at a loss.
It was done. When Time Warner acquired Turner Broadcasting, it spent a total of US$7.5 billion. If you want to acquire it now, you have to add at least 20% to this price, or even more than 10 billion.
U.S. dollars, do you have so much money on hand? How are you going to trade? Get a loan, or exchange it for something else?"
"Is it okay to pay in installments?" Yu Dong asked.
Steven Case shook his head, "This is difficult, unless you give very high interest rates, but since you have to pay very high interest rates, you can all borrow money yourself. Perhaps, you can also use Amazon stocks to borrow money."
Change, but I think you won’t be willing.”
Yu Dong thought for a while and said with a smile, "It's impossible to give you Amazon's stocks, and you may not want them. Don't worry about money. As long as you are willing to sell, we will definitely be able to afford the money."
"
Deep Space Company is currently short of cash, but it is not a shortage of money. In fact, as long as they want to use money, they can borrow money from banks. Many banks are waiting for Deep Space Company to borrow money.
At that time, icq can be bought first, then merged with Ma Huateng's company, and then the new company can be used for mortgage loans. The cash flow from Amazon can also be used.
Huawei can also discuss and arrange installments of two to three years to save the money to acquire Turner Broadcasting. Ren Zhenfei previously wanted to get the money to make tractors, but now that Deep Space Company has bought Huawei, it is planning to let him
Management, then there is no need to do tractor work, and the money can naturally be delayed.
As long as Time Warner is willing to buy it, Deep Space will also buy it. Several channels owned by Turner Broadcasting Company are too important to Deep Space, especially CNN.
Nowadays, Deep Space Company's promotional channels are all new media, but they are still far behind in the traditional media industry. After Turner Broadcasting, the situation is completely different.
This chapter is not over, please click on the next page to continue reading! Turner, the founder of Turner Broadcasting, is a rich second generation. His father is a millionaire who runs a billboard business. My father runs billboards, and his son runs a TV station.
Family history.
However, Old Turner's psychological quality was not very good. Just three years after Turner graduated from university, Old Turner committed suicide because of the company's losses.
In terms of psychological quality, Turner is obviously much better than the old Turner. After losing his father, Turner did not feel depressed at all. He directly took over the company's business, reorganized it, quickly expanded into the mass communication industry, and also bought the WTBC radio station in Atlanta.
and a TV station in North Carolina, and quickly conquered the Atlanta TV market.
In the mid-1970s, satellite television in the United States was developing very rapidly. Turner realized that satellite broadcasting had broad prospects, so he started satellite broadcasting to send entertainment programs to cable television stations across the United States.
In the early 1980s, in order to compete with the three major television networks, CBS, NBC and ABC, Turner founded the cable television news broadcast network, also known as CNN. Later, CNN carried out several live broadcasts of important news, such as the Challenger in 1986.
The space shuttle crash, the global stock market crash in 1987, the Pan Am disaster in 1988, the Armenian earthquake... CNN is playing an increasingly important role on the international communication stage.
In 1996, Time Warner acquired Turner Broadcasting for $7.5 billion, and the latter became a subsidiary of Time Warner.
In addition to CNN, Turner Broadcasting Company also performs very well in sports, entertainment, economics, etc., and it also has many self-owned copyrights, making it a very excellent content exporter.
CNN's subsequent reputation was not very good, and this was also because they pursued the timeliness of news too much and ignored authenticity. On the other hand, in order to attract advertisers, their reports were always tendentious and paranoid, which has lost its
Principles and bottom lines, so much so that CNN’s headquarters was later smashed up.
Steven Case looked at his watch and said, "It's getting late. Let's set off to the exhibition together. Is it convenient for me to take your car?"
"Are you sure?"
Steven Case nodded, "Of course."
"In that case, let's go together."
The two looked at each other and smiled, got up and walked outside the restaurant. Yu Dong's car had been waiting at the door of the restaurant for a long time. After the two got in the car, the car slowly drove towards the telecommunications exhibition.
Ten minutes later, the car stopped at the entrance of the exhibition hall.
As soon as they saw this car, the reporter with the eyes had already recognized it. This car was the one Yu Dong was in yesterday.
"It's YU!"
I don't know who shouted something, and reporters gathered around him, their cameras pointed at the back door of the car.
But what they didn't expect was that the person who got out of the car first was a middle-aged man dressed casually, not Yu Dong. Many reporters didn't even recognize that the person in front of them was Steven Case.
Reporters who don’t know Steven Case are still in a daze, while those who know him are already clicking their shutters.
Yu Dong looked at Steven Case outside the car, smiled and shook his head. According to etiquette, the guests should get off last, but Steven Case didn't care about this. When the car stopped, he opened the door and went out.
Neither did he wait for the waiter to open the door, nor did he, the host, get out of the car first.
By the time Yu Dong got off the bus, some reporters had half-emptied their film rolls and turned around to take pictures of him again.
Steven Case, who got off the car first, came over from Dongdong, and the two of them walked toward the exhibition hall together.
The reporter was waiting for other people, so he didn't follow, but all the photos that needed to be taken were taken.
Only then did a reporter remember to ask, "Who was that just now?"
"That's Steven Case, the boss of AOL," someone replied.
"The boss of AOL? Aren't they, AOL, rivals of Deep Space? Why do they seem to have such a good relationship?"
"Isn't this normal? Shopping malls are rivals. Even if they are not friends in private, they still have to get along on the surface."
"This is not as simple as it seems. Steven Case got off the YU car. Maybe they came from the same place."
"Does it mean that the relationship between Deep Space and AOL is going to ease?"
"I don't think it's just easing up. It's very likely that they will make some big moves in the future and collaborate on some projects."
"Is it related to this telecommunications equipment exhibition?"
"It's normal for them to cooperate. Doesn't Amazon use AOL's services?"
"Amazon's situation is different after all. Amazon is a listed company, and Deep Space does not have strong control over them."
"How could it be that it can't be controlled? It's just that Deep Space Company usually doesn't interfere with Amazon. But looking at the current situation, it's definitely not Amazon's kind of cooperation."
"If AOL cooperates with Deep Space, it will be a big move."
"Don't you have free time before the welcome reception in the afternoon? Then I can interview them and ask."
…
Steven Case and Yu Dong could not hear the discussions of reporters outside, but when they entered the hall, they could see the surprised eyes of many colleagues.
Many people who came to the scene today have business dealings with AOL or Deep Space. AOL is still the number one Internet company in the United States.
Steven Case looked at the Huawei booth that could be seen as soon as he entered, and said with a smile, "It seems that the exhibition attaches great importance to Huawei's products. They have been given such a conspicuous place, so you can see it as soon as you enter."
."
Yu Dong smiled and said, "The location is indeed quite conspicuous."
Such a good position did not come for free. Deep Space Company invested tens of millions of dollars to help Huawei get it. But now it seems that the investment of tens of millions of dollars is not a loss. The exhibition arranged a position for Huawei.
Really good.
Of course Steven Case also knows why Huawei has been able to obtain such a good position.
Deep Space Company is the largest sponsor of this exhibition. It not only sponsored two receptions, but also provided a live webcast of the entire event. The official announcement of this event was made before.
When he saw this news at that time, Steven Case guessed that deep space was probably made for Huawei. Now it seems that it is indeed true.
Looking at it this way, there is a high probability that Deep Space Company is indeed going to acquire Huawei, otherwise it would be impossible to invest so much money in Huawei.
At this moment, many people gathered around Huawei's booth, and it was obvious that their products were attracting quite a lot of attention.
"Should we go over and take a look?" Steven Case said.
Yu Dong nodded and said, "Of course."
The two walked side by side, and the people who were watching the products consciously spread out and greeted Yu Dong and Steven Case, and the two nodded in response.
Next to the showcase, a blond young man was introducing their products to others, but he stopped when he saw Yu Dong and Steven Case arriving.
Yu Dong arrived and said with a smile, "Continue the introduction and don't be influenced by us."
The young man nodded and continued to introduce their product: "This router of ours..."
Maybe he was a little nervous, and the young man's voice was obviously trembling. Fortunately, Yu Dong was very kind. While the young man was introducing me, he helped to ask questions.
"How is the speed of your product?"
"Is the installation any different from other products?"
Chapter completed!