Chapter 852: Changes in the Atmosphere of Public Opinion
Separated from the capital market due to complete privatization, Verizon's presence among the public has been weak in recent years, and only the industry is aware of the telecom operator's strong and entrenched presence in the field of mobile communications.
During dinner, Simon first discussed with Raymond Smith about putting Verizon back into the capital markets.
In fact, it is another IPO.
There are many reasons for making this decision, and there are many benefits.
The first is to reduce Westeros' stake in Verizon.
Normally, business owners would want to take more shares in the company, but Simon is doing the opposite, again in order to further integrate the Westeros system into the American economy.
Just like this Igrete IPO.
Including the additional 100 million new shares recently issued under the original greenshoe mechanism, the total share capital of Egrett now reaches 4.426 billion shares, of which the number of shares held by Westeros is 2.561 billion shares, and the shareholding ratio has been reduced to 57.9%. The biggest benefit of transferring up to 42.1% of the shares to Igret's management and investors at large is that Igrete suffers far less potential targeting.
Tens of millions of investors with more than 100 billion dollar interests are tied to the Westeros system, whether it is the federal antitrust agency or many competitors in the United States and abroad, if they want to target Igret, it is tantamount to targeting the huge capital alliance behind Igret.
If you don't pay attention, you can be crushed.
The U.S. telecommunications industry has been growing for more than 100 years, and there are many potential obstacles to breaking the entrenched old pattern, and a convergence strategy can undoubtedly minimize these resistances.
The second is to raise funds.
This is also a key expansion strategy for the Westeros system in the coming years, taking advantage of the good market form to reserve as much cash as possible through listing or bond issuance. Historically, many of the new technology companies that emerged in the 90s came to an end due to a shortage of funds after the dot-com bubble burst.
The third reason is that it is more intuitive and convenient to complete the merger with AOL after the listing.
Verizon Telecom, which is not listed, even if it is valued at $30 billion given by Forbes this time, is still low in Simon's view, and if it merges directly with AOL, which has a high market capitalization, in a privatized state, it will be difficult to make a valuation that satisfies all parties, and a little carelessness may cause potential litigation risks.
After the listing, the stock prices of both parties are determined by the capital market, and the merger will not cause too much controversy.
In addition, Simon also discussed with Raymond Smith in advance about personnel issues after AOL's merger with Verizon.
This matter has a lot of history.
The predecessor of AOL was originally just a start-up that provided network services attached to Bell Atlantic, the predecessor of Verizon, when Raymond Smith was already the head of Bell Atlantic, and the current head of AOL, Steve Case, was just a newcomer, and the status of the two was very different.
Now, AOL's is in full swing, and although the identities of the two are not completely reversed, once merged, Raymond Smith can only become Steve Keys's subordinate.
Simon is very cautious about this kind of thing.
If Raymond Smith and Steve Case are unable to work closely with Steve Case, or even restrain each other, after the merger of the two companies, the merger will be meaningless and may even have disastrous consequences for both companies. The decision to merge is unlikely to change, so Simon can only kick one of the two out of the game if some signs arise.
However, neither of the two is out of the game that Simon wants to see.
Speaking of this during the meal, Raymond Smith was very angry and said that he would try his best to cooperate with Keith in the future, which made Simon a little relieved, but it was not absolute.
A lot of things are easier said than done.
In the following days, the media revolved around the 1995 Forbes 400 list of America's richest people to become even hotter, after all, there are too many highlights on this year's list.
Simon's $700 billion personal fortune is too high to shake.
Immediately afterwards, Microsoft founder Bill Gates's personal net worth also increased to $57.3 billion, an increase of more than 100% compared to 1994.
The third place, Warren Buffett, has a personal fortune of $12.6 billion, which exceeds many people's expectations, but it is mainly due to Daenerys Entertainment's acquisition of the Metropolitan ABC Group. Berkshire Hathaway, which owns Met's ABC Group, has seen its share price rise in recent months because of this positive news.
Larry Ellison, who finished fourth, is a dark horse, with a personal fortune of $11.7 billion largely derived from his 31.2% stake in Oracle.
With the explosion of the new technology industry and the close connection between Oracle and the Westeros system, the monopoly trend of Oracle's database software has become more and more obvious in recent years, and the market value of Oracle has reached $37.6 billion when Forbes counts the list. Even if it can't be compared with hundreds of billions of market capitalization giants such as Igret, it has surpassed most of the traditional corporate giants in the U.S. stock market.
It is worth mentioning that Westeros also currently holds a 24.6% stake in Oracle, so this company alone contributes $9.2 billion to Simon's personal wealth.
Paul Allen, who is in fifth place, has a personal fortune of $10.9 billion.
According to Forbes, Bill Gates and Paul Allen have a reference market capitalization of $151.5 billion, so Westeros' current 18.7% stake in Microsoft also contributes $28.3 billion to Simon's personal wealth.
Sixth, seventh, and eighth places were tied.
They are Tim Berners Lee, Jeff Bezos, and Carol Butts of Egret, all of whom have a fortune of $8 billion.
The same super dark horse.
At the beginning, Forbes magazine was waiting for Igret's listing to count the new annual wealth list, so the wealth of the Big Three was based on the closing price of Igret's first day of listing on October 6, and the same is true for Simon's personal wealth.
In ninth place is John Kruger, with a personal fortune of $6.1 billion.
John Kruger is 81 years old this year, the veteran media tycoon who once fought with Sam Ray Shidong for control of Orion and wanted to break into Hollywood has gradually retired, so over the years, a large number of assets have been cleaned up and sold, and then turned into trust investment, and began to prepare for the inheritance of wealth.
In tenth place are the two brothers of the Walton family, Jim Walton and John Walton, who are tied for the eleventh place, both with a personal fortune of $4.6 billion.
The Waltons are still not to be underestimated.
However, due to various reasons for the change of ownership, the wealth of Walton's widow and four children is no longer uniform, and after the two brothers, the other three Waltons continue to occupy the twelfth to fourteenth positions in personal wealth, with wealth figures of $4.5 billion, $4.5 billion and $4.3 billion respectively.
After the top 10, it is worth mentioning Alice Ferguson, the former housekeeper of the Westeros family in 15th place, with a personal fortune of $4 billion.
Daenerys Entertainment CEO Amy Pascal is also ranked 17th on the list with a personal fortune of $3.5 billion.
In addition, Claire Gain, the 35th-ranked C-girl, relies on her 13.2% stake in Tinkobar, tied with Neil Brantley, the other founder of Tinkobar in 36th, with a personal wealth valuation of $2.2 billion.
Further back, D-girl Deborah Lipman also ranks 87th on the list with a personal wealth valuation of $1.1 billion with her 56% stake in Instagram.
This year's Forbes list of America's 400 richest people has a threshold of $340 million, which happens to feature the back cover of the famous talk show host Oprah Winfrey.
In the list of 400 people, excluding Bill Gates, Paul Allen, Larry Ellison and other companies under their names are only held by the Westeros system instead of controlling or supporting the big names, such as Simon, Tim Berners Lee, Alice Ferguson, C Girl and other rich people who are really closely connected to the Westeros system and can be counted as 'Westerosian', a total of 37 people.
If it weren't for the deliberate suppression from all sides, Simon Westeros' control of the United States would definitely become a hot topic on major media platforms. When a person relies on a huge amount of wealth to have a decisive impact on all aspects of a country's politics, economy, culture and even military, it is not much different to say that it is control.
In fact, the Westeros system is far from reaching a certain level, but the trend is very clear.
Just like this time.
Compared with the atmosphere of public opinion in the past few years, the media has become lively, and there is much less talk of all kinds of clamor to limit the continued expansion of Simon Westeros's personal wealth or designate a targeted tax bill, but there are many voices of doubt about the figure of $700 billion.
$700 billion, how is it possible?
All right.
Even if it reaches $700 billion on the books, most of them are only stock assets, or stock assets with serious bubble components, don't they all say that the new technology bubble is very serious now, and Westeros is the best embodiment.
Public opinion guides this kind of thing, and Simon doesn't need to arrange it in person now.
As the core of the entire Westeros system, not only its related companies, but also Time Warner, News Corporation, The New York Times Group and other closely cooperating media outlets, will be very conscious of defending a young man, because everyone has a stake, and one will prosper and lose.
After all the disturbances from the outside world and the usual rejection of all interview invitations, Simon's life is still going on as usual.
Daenerys Entertainment's merger and acquisition of Metropolitan ABC Group has entered the final stage, and after the stock settlement ratio in the first two weeks of October was registered, the final choice to exchange Metropolitan ABC Group shares into Daenerys Entertainment shares was as high as 83%, and even Warren Buffett changed the original settlement ratio of half stock and half cash to 70% stock and 30% cash.
As a result, the $20.9 billion acquisition agreement reached at the beginning, Daenerys Entertainment ultimately needs to use only $3.5 billion in cash payments, less than half of Daenerys' own cash reserves of more than $7 billion.
On the other hand, after the completion of the settlement and the payment of a total of 236 million shares to the shareholders of the former Metropolitan ABC Group, the total share capital of the new Daenerys Entertainment Group will increase to 2.599 billion shares, and Simon's shareholding in the new company after the merger will be reduced from 81.9% to 74.5% with 1.937 billion shares.
According to Daenerys Entertainment's dual-class share structure, the shareholding ratio has dropped to 74.5%, and Simon's voting rights in Daenerys Entertainment remain as high as 96.7%.
Control is immovable.
Therefore, Simon still feels that the shareholding ratio of 74.5% is a bit high, but it is not easy to reduce it in the short term, so he can only slowly reduce his holdings in the future.
The litigation and strikes surrounding the Wisconsin logistics distribution center have been put on hold.
It was a decision made by Simon himself.
In order to prevent people from taking his latest personal net worth and a group of truck drivers who are destined to be blacklisted, it is better to wait for the recent public opinion to cool down before dealing with it.
It's Friday, October 27th.
The end of the year is coming.
The third film in the Conjuring Cinematic Universe series produced by Daenerys Entertainment "The Conjuring 2" was released on this day, announcing the opening of the Halloween schedule.
Prior to this, a series of movies released in the summer have basically been drawn one after another.
Among them, the North American box office of "Jurassic Park 2" was finally 413 million US dollars, temporarily ranking the local box office champion in 1995.
This is also a focus of recent fans.
It also sparked some controversy.
It stands to reason that "Batman v Superman: Dawn of Justice" is more conducive to this DC superhero blockbuster across the two major holidays of Thanksgiving and Christmas, and a very important reason why it is scheduled for December 22 is to make way for the 3D animated film "Beauty and the Beast" produced by Daenerys Entertainment.
Although "Batman v Superman: Dawn of Justice" is distributed by Time Warner, Simon still has the final say on the opening schedule.
The 3D version of "Beauty and the Beast" is scheduled for November 17.
After all, he is a wholly-owned son.
Moreover, Simon actually hopes to leave breathing space for some films from other Hollywood studios, otherwise, "Batman v Superman: Dawn of Justice", which also has a local box office of 400 million, will be released on Thanksgiving, and there will inevitably be a dominant situation.
Of course, Time Warner has a lot of complaints about this, but it can only endure it.
Everyone knows that this matter is put on other people, and they will make similar decisions to Simon.
In addition to "Jurassic Park 2", which crushed the summer, "Apollo 13", also produced by Daenerys Entertainment and led by Tom Hanks, with a cumulative box office of $177 million in North America, "Jurassic Park 2" and "Apollo 13" also became the only two movies with a box office of more than 100 million in the summer of 1995.
Daenerys Entertainment's new David Fincher film "Mind Game" launched at the end of the summer file, with a production cost of $50 million, and the final local box office was only $51.34 million, and it is expected that the overseas box office will probably be at the same level.
As for other Hollywood studios' "Die Hard 3", "Ghost Pony", "Braveheart" and other films, they have been directly or indirectly impacted by "Jurassic Park 2", and this time they have not been able to cross the threshold of 100 million yuan.
Warner Bros. burned $175 million of "Future Water World", which made the old studio lose everything.
Although the schedule was placed at the end of July far away from "Jurassic Park 2", this post-apocalyptic sci-fi movie still only recovered $63.19 million at the box office in China, a full 20 million less than in history, and it is expected that it can only barely get about $100 million at the box office under the competition with "Jurassic Park 2" in the overseas market.
With 160 million worldwide revenue and an estimated box office share of about $70 million, it is too far from the production budget of $175 million.
This time, there is no Universal Studios to create a 'future water world' attraction to make up for the loss in disguise, after all, Daenerys Entertainment's own IP is not used up, and Warner can only look at the huge loss account and cry without tears.
Hollywood's two famous box office duds in 1995 in the original time and space, "Future Water World" has settled the dust, and the next thing to see is whether "Cut Throat Island" will repeat the mistakes of the past.
According to the figures announced in the recent publicity of the two studios, the final production budget of "Cut Throat Island", which relies on German capital Carlock Films and Seagram's Paramount, also reached 100 million US dollars, and it is scheduled to be released on the same day as the 3D animated film "Beauty and the Beast" produced by Daenerys Entertainment, both on November 17.
If "Cut Throat Island" fails again, two box office duds are enough to pour cold water on many speculative capital with ambitions and want to show their strength in Hollywood.
Hollywood isn't for everyone.
With fewer spoilers, Daenerys Entertainment's position will be more secure.
Manhattan.
The fourth edition of the Victoria's Secret Show will be held on November 11, and the Lexington Avenue Arsenal near Gramercy Park in Midtown has been contracted by Victoria's Secret for the rehearsal of the show.
This year's list of Victoria's Secret Angels has been finalized ahead of Fashion Week.
The biggest change is undoubtedly the departure of two Victoria's Secret Angel spokespersons, Cindy Crawford and Yasmin Gehry, as well as the vacant places for Eva Herzgauva from the Czech Republic and Fernanda Lima from Brazil to replace Cindy.
Eva Herzkova is nothing.
The 22-year-old Czech rose to prominence last year, relying on a series of enviable and hateful resources to quickly climb the model popularity list launched in the fashion section of the Eagle portal, and has now earned the title of 'supermodel' through various brand catwalks, fashion endorsements and magazine covers.
Therefore, Eva Herzgova became the new spokesperson of Victoria's Secret Angels, at least with sufficient qualifications.
Another Fernanda Lima, who just turned 18 this year, inevitably caused a lot of controversy, and the big goblins in the fashion circle tore apart quite tragically, but unfortunately, even if they were dissatisfied, everyone could only watch, who let the girl stand behind Simon Westeros.
Not to mention Simon Westeros's huge fortune of $700 billion, it's just the current influence of the Westeros system in the fashion industry, since someone has handpicked Fernanda Lima, others can only look at it with envy.
Even John Casablanca, the 'godfather' of the industry who once called for wind and rain in the fashion circle, said that silence is silent, not to mention that they are small models, who dare to make a mistake and put some black material in the media in private, except for being completely blocked, don't think about the second result at all.
As for why Westeros chose Eva Herzgauva and Fernanda Lima, it can only be a man's own preference.
It's not even a matter of climbing into a man's bed.
Because of the current circle, there are too many models who are willing to do this.
It can only be said that it is luck.
For example, now, the catwalk hall in the arsenal has been set up, and the lucky one named Fernanda Lima takes advantage of the rehearsals for other themes to snuggle up next to a man in the stands, and the eyes of the passing goblins on the catwalk are shining with small flames.
Bichi!
It's all six-foot-tall goblins, pretending to be the girl next door, it's not coordinated at all, and they're still coquettish, tsk, I wish you both feet to fall off together during the next rehearsal.