Chapter 883: Expected Dilemma

"Today is the general meeting of shareholders, so let's start the first item and vote on the management leader. "When it was 9 o'clock on the clock, the gray-haired old shareholder Ikarn stood up and announced.

Usually this process is a very long process, because Time Warner has dozens of large and small subsidiaries, each company has a few to dozens of shareholders, and it takes a long time to vote one by one.

But today's process seems to be extremely short, Han Sanpin raised his hand and said: "On behalf of Warner Bros. Pictures, Warner DVD Rental Company, I have carte blanche to entrust Mr. Gu Xiaofan to be in charge of the operation. ”

Wang Jianlin also raised his hand: "On behalf of AM, the three companies of "Time Magazine", I entrust Gu Xiaofan to be fully responsible for the operation of the ......."

With the Chinese representatives raising their hands one by one, plus the HBO TV station that was originally sent by Lao Jet, "Flashy World", "Premiere", "Entertainment Weekly", "American Cinematographer" and other representatives have stood on Gu Xiaofan's side.

Soon, the proportion of shares supporting Gu Xiaofan has exceeded 50%, and Gu Xiaofan won Time Warner bloodlessly.

After several old people such as major shareholder Ikarn raised their hands to express their opinions, people such as Bill of "Warner Records", Willie of "Celebrity Weekly", Jones of "Sports Magazine", Levinson, owner of the Atlanta Hawks, Lewis of "Turner Classic Movie", and Lee of TNT Cable TV, all looked at each other and sighed.

Everyone knew that the overall situation had been decided, so they could only express their support for Gu Xiaofan, and they all looked listless.

Gu Xiaofan was in a relaxed and happy mood, but seeing the decadent expressions on everyone's faces, he also knew that they still had complaints to say, so he coughed dryly and said loudly:

"Okay, since I took over the group, the subsidiaries can first talk about the performance results of this quarter, and we will summarize them."

When a new official takes office, he does not set fire to it first, but to know how many belongings he has, and how much time Warner's loss in this merger and acquisition, mainly how many assets Abel Warner split before leaving.

As soon as this topic was mentioned, the people present suddenly became angry, and Renard, the CEO of Warner Bros. Films, was a bald fat man, so angry that he slapped the table directly and said angrily:

"Director Gu, I'm very angry when I say this! Our film company was supposed to have a good performance this quarter, and we were supposed to have a celebration party, but that old bastard Abel is so bad, he transferred the rights to several of our film series, and we are just barely breaking even! ”

And Macbeth, the general manager of CW TV, also cried and shouted: "Director Gu, we were also harmed by Abel, and he transferred the copyright ...... of several of our ace dramas."

The heads of the various subsidiaries began to shout: "Yes, Abel poached a few of our ace reporters. ”

"I'm mad at the mention of this, this old bastard signed all our singers away."

"No, he signed all the DJs of our radio station to other companies!"

There was such a commotion at the scene, Wang Jianlin and He Tiejun couldn't help but glance at each other, and they both saw the helplessness in each other's eyes, they didn't expect that the hard-working acquisition of Time Warner would be such a mess.

Only Gu Xiaofan remained silent, listening to the complaints of various subsidiaries while looking at the documents they submitted.

Sure enough, just like Han Sanpin's previous warning, Abel Warner, after realizing that the general trend had gone, began to use the last period of time to frantically transfer Warner's valuable assets.

In terms of Warner Bros. films, the "Harry Potter" series hosted by Allen, as well as the rights to the previous "Matrix" series, as well as the adaptation rights of the DC Comics series, were packaged and sold at a low price to the sworn enemy, 21st Century Fox.

The contracts of David Yates, director of the "Harry Potter series", Zack Schneider of "300 Warriors", British ghost director Guy Ritchie, and art film director Clint Eastwood have also been acquired by 21st Century Fox......

Looking at CW TV again, under the operation of Abel Warner, many popular series such as "Gossip Girl", "Evil Force", and "Vampire Power" were sold to Fox TV.

And not only that, it was Warner Records that was really hollowed out......

The world's top five record companies, most of the popular young singers, such as country diva Le Remus, the popular Michelle Blanche, Brandy, Craig David and others have been voided and resigned...... The rest of the contracts are at Linkin Park, where veteran superstars like Madonna have little royalty income, and Warners don't have a share of their concert revenue everywhere.

There is also N, the top reporters of Time Magazine, as well as the DJs of several of its radio stations, have been poached, and the destination is also the same, Fox TV......

It can be said that although Chinese capital took over the entire Time Warner, the departure of Abel Warner took away half of the backbone talents of the entire group.

This made Wang Jianlin and He Tiejun feel numb, they didn't expect such a situation in advance, but they didn't expect it to be so serious.

That's why the acquisition went so smoothly without much resistance......

Wang Jianlin frowned, and asked the translator to question everyone: "Why is this happening!" Is it legal for him to do so? Why does he have this power, the shareholders' meeting did not approve it, can he do this? ”

Before everyone could speak, Hassen next to him explained in that deep voice: "Mr. Wang, I'm afraid you don't understand the situation yet, let me introduce to you, our group has not been doing well in recent years, before you intervene in mergers and acquisitions, News Corp has begun to contact various subsidiaries, the acquisitions you hear now, in fact, many transactions they have already talked about before, if it weren't for Abel's coercion, I'm afraid these things would have happened a long time ago."

If it weren't for The Dark Knight, those shareholders would have tended to let News Corp. buy the whole Warner, after all, News Corp. is very powerful......"

Speaking of this, Hasen looked at Wang Jianlin and He Tiejun with those green eyes:

"Now, everyone here is already a part of Warner, IMHO, many people in the group are not worried about the future of the company, so they chose to flee, there are many illegal things, and many of them are legal, Abel Warner has played a big role in this, but he is only one of the reasons at best, and it is not wise to hold the departments accountable now......"

Wang Jianlin, He Tiejun and others listened and also understood the complexity of the situation.

Time Warner is facing great changes during this time, many people see the building collapse, each is thinking of finding another way, compared to them Chinese, the powerful News Group, naturally a better choice, those who fled are not only pulled away by Abel and his son, but more importantly, they have no confidence in these Chinese.

Thinking of this, everyone couldn't help but look at Gu Xiaofan, now this Time Warner has fallen directly from the third place of the six major media groups to the end...... Even the Warner Bros. films, which once dominated the film industry, have become the bottom of the six Hollywood majors after losing the adaptation rights of "Harry Potter", as well as Superman and Batman......

This is much more difficult than the dilemma faced by Sony's acquisition of Colombia......