Chapter 209 Precursor to Collapse

Mark is busy filming TV episodes in the crew, this series is all from a female perspective, the style is fresh and vibrant, the emotional portrayal is delicate, the rhythm is relaxed and bright, and the tense internship life has humorous elements and human analysis, which are very different from the style of Mark's previous works, Laris was worried that Mark would not be able to shoot this TV series, if the whole "Chainsaw" kind of bloody perversion, "The Hangover" kind of vulgar and funny, this is to destroy the overall style.

However, after looking at Mark's cut-out work, Laris exclaimed: "This is what I want, Mark lives up to his name." ”

While Mark was concentrating on "Grey's Anatomy", the storm about the Michael incident became more and more intense, and the stock of the Soni Group, which was still extremely majestic the day before, plummeted by 20% in one day, and they were caught off guard by the speed of the fall, they couldn't support it for a day, and they chose to suspend trading when the market closed in an hour.

Stock suspension refers to the continuous rise or fall of the stock price due to a certain news or certain activity, and the stock exchange suspends its trading in the stock market, and then resumes trading on the exchange after the situation is clarified or the enterprise returns to normal.

After six hours of falling to a limit, the market value of Columbia Pictures evaporated in a single day, and Soni paid a heavy price for their greed, and what is even worse was the strong resistance of the people in the United States where they went, and there were demonstrative fans and people outside almost every specialty store, which made their products unsellable.

Soni's plot to seize ATV, under the instigation of people with intentions, has become a conspiracy to rob the cultural treasures of the people of the United States, and to rob their national treasures, which makes the people feel that they have been greatly hurt, and now the people are boycotting everything made by Soni, including movies, music, games, household appliances, etc., which is fatal.

Soni started in the manufacturing industry and developed into a large enterprise with 160,000 employees, and began to enter the entertainment industry more than ten years ago, and made the entertainment industry the most profitable pillar industry.

Of the nearly 800 million shares they have issued, yesterday's closing price was $63 per share, but today it has fallen to $40, and it continues to fall, and a large number of shares have been sold, and Soni does not have so much money to redeem it, and therefore cannot maintain its credibility and value.

After the suspension, Howard immediately urgently convened a general meeting of shareholders to meet with major securities firms, asking everyone to stop this irrational, panic selling, the stock fell to zero yuan, and everyone suffered this huge loss, and at the same time, he also urgently met with Cork, proposed to stop buying MGM, and asked the other party to return the deposit of 2.5 billion.

Cork's team argued that it would either pay another $2.5 billion to complete the deal, or the contract would expire and the $2.5 billion would become liquidated damages.

Howard wanted to cry, this guy Cork must have heard something in advance to make him like this.

Now Soni has 2.5 billion yuan in money, and the banks were scrambling to lend them money a few days ago, and now they are fighting to get them to pay it back, and no bank or investment institution is willing to lend them money.

MGM is a big hole, Soni hopes to use its strong economic power and resource advantages to integrate it, so that Soni becomes one of the upstream suppliers of DVD, and then through the long-tail effect, gradually return to Soni, now Soni is almost finished, what do they spend 2.5 billion to buy MGM? It's like what a dead man does with medicine.

Howard is desperate for all this, all this is premeditated and planned, the capital predators used this MJ incident to incite racist hatred, went online, and elevated normal business practices to seek cultural national treasures, despicable and shameless cultural invasion outposts, successfully provoked the hatred and hostility of the people of the United States, and then threw out a large number of stocks, causing signs of the collapse of Sony's stocks, Howard wanted to cry, we just want to earn a little money to live, what are we doing with those racism and cultural invasions? Are we qualified to play this set?

Howard also got assurances from the major shareholders and securities dealers that there would be no more panic selling, so that everyone had no money to earn, but their faces almost said, while it is still worth forty yuan, hurry up and find a receiver, so that you can lose less, and when the stock is worthless, it is not easy to jump off the building, Howard is helpless about this, once the market forms a panic, unless there is shocking good news, it is simply powerless, and now all there is just bad news one after another.

Now the storm here is getting stronger and stronger, and it has not yet spread back to Asia, but this is a matter of time, the competition in shopping malls is so fierce, and the competition in Asia is also so fierce, unless the government bails out the market, Soni has no way to live.

And when Howard asked the parent company for help, they just asked for stability, and in the face of such a bad situation, they were helpless, and there was no large amount of cash he hoped to save them.

The other party's vicious and insidious place is to say that a commercial competition is a plot to seize national treasures, cultural invasion, and successfully provoke the hatred and anger of the people, but some of Soni's disgraceful behavior in this matter was caught by the other party, and it became an embarrassing situation that is unreasonable and inexplicable, which makes the people of the United States hate, the government suspects, and several consortia are seeking benefits in it.

They laughed and said that Dongying fat sheep should be slaughtered when fattened, otherwise the fat sheep will evolve into their own masters.

Others pointed out that the Torch Goddess and the Lion Leo had fallen into the hands of the Dongying people, and they had already faced great criticism from the people, and the music of the Beetles, the Beatles, Elvis Presley, and MJ had also fallen into the hands of the Dongying people.

Others say that the reason why the people took to the streets was because Soni had used despicable methods to obtain ATVs, which was the result of patriotic fervor, and that the government had sent the National Guard to expel them, massacre them, and that they would disperse as long as they had achieved their goal.

This also made Soni's hope that the government would intervene to end this almost "wasteland" behavior, and they complained to the Federal Trade Commission and the Securities and Exchange Commission about the **** bank for provoking disputes, and the lawsuit for illegal profit fell through, and the other party rejected the party with no substantiated evidence, and even did not hold a hearing, and ended all this.

The anti-Sini sentiment of the government and the people of the United States has made the Dongying government and other banks and consortia hesitate to rescue them.

At the government level, it is not cost-effective to displease the "godfather" for the sake of a company, especially if the extremists think that it is a conscious cultural invasion by the Dongying government, and the consequences will be great.

And banks and consortia also have the same problem, as the boss of the unipolar world, the rice market is impossible for any multinational company to give up, the hostility of the rice society and the abandonment of the company has become a fact, if in the process of rescue, the rice people are regarded as accomplices, easy to resist, then the gains outweigh the losses, so they covet the high-quality assets in the hands of the sun, but also fear the mastermind behind the scenes, who knows what kind of consciousness this hedge fund belonging to the **** bank is full of? A company with a market value of 50 billion yuan was crushed in an instant, and they would not want to become it.

Howard felt that he was a general who led the Jingshuo troops to win many victories for the country, but he was attacked and ambushed by the enemy, and was surrounded by the enemy's absolute superior forces.

Howard's self-deprecating lament, this may be my end, a brilliant career, ended in shame.

However, he is a person who will not give up until the last moment, and he shouted to the shareholders in a video conference: "Gentlemen, don't think that I am alarmist, if you do not use the greatest resources in your hands to save the United States, the equity in your hands will be turned into waste paper, worthless!"

At this level, such an important meeting was supposed to be held by shareholders sitting face to face, but now the situation is so critical that Howard cannot fly back to Tokyo to report on his work, so he can only hold a video conference with important shareholders, and the chairman of the meeting is Nobuyuki Idei, the president of Soni.

As a successful manager, he successfully served as the chairman of the company, discovered Howard, the elite, and successfully pulled the company out of the quagmire, so that the company turned from a burden to the most profitable department, and successfully turned the company into a media group, and he rose to the chairman of the parent company, and after 40 years of fighting, he became the top leader of the company with 160,000 employees from a small employee of the group.

However, even if he is as strong as Nobuyuki Idei, he cannot get Soni, a once brilliant manufacturing giant, out of the predicament, with the shrinking of the manufacturing industry, the fierce competition in the industry, and his series of wrong decisions, the once market value of hundreds of billions of enterprises has repeatedly depreciated.

IN 2003, NOBUYUKI IDEI'S THREE MAJOR BUSINESSES WERE ALL LACKING GOOD PERFORMANCE, WITH COLUMBIA ONLY BREAKING EVEN, PS2 SALES BEGAN TO DECLINE WITH THE LAUNCH OF MICROSOFT'S XBOX, AND PROFITS FELL BY 2% YEAR-ON-YEAR; NETWORK CONNECTION CARDS SOLD MILLIONS OF COPIES, AND THE TOTAL SALES WERE ONLY 2.8 BILLION YEN, A DISPROPORTIONATE INPUT-OUTPUT.

Doubts about his abilities have deepened on the board of directors, who believe that Idei is already old, (born in '37, now 68 years old), and veterans such as board chairman Norio Ohga believe that the younger and stronger Howard is more suitable to be the head of the company, and that he can go one step further if he delivers a perfect report card.