Chapter 455: Joining Forces Against the Enemy
Like AOL Time Warner, Sony's internal factions are at odds with each other, and what's worse than AOL Time Warner is that Sony has a hard time sorting out this relationship.
At least AOL Time Warner can solve this problem by separating AOL and Time Warner, while Sony can't split itself up.
Under such circumstances, Sony's board of directors had to acquiesce in the struggle between the two factions, the American faction and the Japanese radical faction, but demanded that they keep the struggle within a small range and not allow Sony to go too far.
It sounds like the matter is solved, but in fact, even in 2014, Sony is still hard to return, and no matter how much profit it makes, it will be absorbed by the bottomless pit of capital consumption, so that it loses money every year.
Taking record companies as an example, other multinational record companies have opened branches, but Sony has one from the United States, Sony Music and Japan's Sony Records.
They all belong to Sony, and they are all at the same level, and no one can command anyone, and occasionally make a stumbling block for each other.
If anyone is suppressed, the other side will definitely not lend a helping hand, but gloat and ridicule, or even step on the ground.
If Sony of the United States wants to make a move against Li Lin, Sony of Japan may be holding back, as for the reason, it is simply too easy to find, and any Li Lin is a distinguished guest of Sony of Japan can help Li Lin stop some of the attacks of Sony of the United States.
"Even if it's just American Sony, it's not something you can fight against." Steve. Case's big brother-next-door face suddenly became stern, "We don't have to go around in circles. ”
"You supported Avril in stabbing Sony. I'm already on the opposite side of Sony, and if I want to return to the AOL era, Warner needs to step on Sony's corpse. So we can work together. ”
Li Lin's face was straight, and he said in his heart that it was finally here.
Before Steve. What Keys said about buying Li Lin's Gold Group may be true, but it can't be the subject of this meeting, because it's very simple, not in his position, Steve Brown. Keys is the former president of AOL Time Warner. But that doesn't mean he will still work for AOL Time Warner.
Even if it's work, it's working for myself to return to AOL Time Warner.
Swallowing Li Lin's Gold Medal Group may be an achievement, but this achievement is definitely not as big as stepping on Sony's foot. After all, the distant Chinese film market has not completely exploded, and AOL Time Warner's energy is not focused on the Chinese market.
The Huaxia market is a small dessert for AOL Time Warner, but it is definitely not the main meal.
Because AOL, Time Warner's magazines and newspapers could not obtain a license to operate in China. As for the TV station. It's even more unlikely.
Huaxia's television stations have always been state-owned, and only a few foreign satellite TV channels can enter Huaxia, and the frequent sales of those entering Huaxia are dismal.
Chinese audiences, who are accustomed to free business, have never been enthusiastic about paid programs.
The AOL Time Warner's network business also encountered Waterloo in China, and the video-on-demand business and online song listening business encountered an entertainment paradise before entering.
ICQ lost out in the competition with YY.
As for the record market, it has always been the shortcoming of AOL Times Warner, and even the American market has not achieved hegemony, let alone entering China.
Therefore, AOL Time Warner's interests in China are pitiful, even if they eat the market. It's also hard to really get Steve. Case returned to AOL Time Warner and assumed the power of president.
The only thing that can bring him back to AOL and get the power of president is to defeat Sony.
AOL Time Warner has always had two core businesses. One is a cable pay-TV network, and the other is Warner Bros. Pictures.
The former produced a series of famous TV such as "Band of Brothers" and "Game of Thrones", while the latter produced "Batman", "Harry Potter" and other series of masterpieces.
Although Sony's TV business is not very good, if AOL Time Warner can swallow it, it will also be a strong supplement for AOL Time Warner.
Needless to say, Sony Films has been a giant of Hollywood movies since Sony annexed Columbia Pictures, and his series of blockbusters such as "Spider-Man", "Men in Black" and "007" are mouth-watering.
Steve. If Keyes can defeat Sony and take Sony Pictures from Sony, he will immediately return to AOL Time Warner and serve as president.
Originally, Sony was invincible, even if Steve. It is impossible for a person like Keys to shake Sony, but Avril suddenly stabbed Sony, and the American media was fueling the flames, and he saw hope.
"The current turmoil is not enough." Steve. Keith said eloquently, "Although the American media is on Avril's side now, as long as Sony is willing to throw money around, it can turn public opinion around, and the war between Avril and Sony only involves Sony Music, which is insignificant to Sony as a whole." ”
"Neither Wall Street funds nor ordinary investors will lose confidence in Sony because of this matter, MJ, there is only one."
Li Lin nodded when he heard this.
It is true that the war between Avril and Sony is a big deal in the eyes of Avril Lavigne's fans and the media in the United States, and it is a big thing worth writing about, but in the eyes of Wall Street fund managers and investors, it is a small thing that will not attract their attention at all.
Avril? I've heard of a singer, very popular and popular, but so what? What does the war between the singer and Sony have to do with them, is it possible that a singer can also overturn the Sony empire?
The war between Avril and Sony sounds like a misconduct on the part of some of Sony's top executives, but it doesn't matter at all to Sony's stock price.
What should be optimistic is still optimistic, and what should be held is still held.
The reason why the war between MJ and Sony affected Sony's stock price is because MJ's influence is too great, not just this generation. Even the previous generation was influenced by him, and his war with Sony inevitably affected those middle-aged people in their 30s and 40s. And these people happen to be the main force of Sony's investment.
As soon as they divested, Sony's stock price inevitably fluctuated.
On the other hand, there is the copyright in the hands of MJ.
A lot of people say that MJ is a great musician, but they don't know that MJ is also a good businessman, MJ not only owns half of the copyright of his own songs, but also holds the rights to legendary singers and bands such as The Beatles and Elvis, and it was only tens of millions of dollars when it was bought, but with the passage of time and the operation of Sony.
This part of the copyright began to appreciate rapidly. By '02, this part of the copyright was worth more than $1 billion.
Once MJ chooses to start anew, Sony loses more than just MJ. There are also the copyrights of songs such as Beatles and Elvis, with direct losses of up to one billion dollars.
Therefore, the war between MJ and Sony immediately affected Sony's stock price, and Sony's board of directors turned its attention to it. And the mandatory demand that Sony Music immediately end the war.
"So we need to give Sony a bigger blow."
"Smack? What smack? I don't need to. ”
Li Lin said with interest. "Steve. Mr. Case, as I said, I don't have any intention of fighting Sony in an all-out way, and I support Avril Avril just because I want to leave a company in the U.S. market. ”
"My home base is in China, and I don't want to, and I don't want to, be up against a behemoth like Sony because of a small American branch."
"This is not the Li Lin I saw." Steve. Keith's face sank slightly, "Li Lin in my eyes dares to confront the Federation of Labor and Industry." ”
"Even if the AFLF and the Ku Klux Klan are behind Sharon. Stone. You didn't even back down and defeated Sharon in one fell swoop. Stone. I didn't expect you to face Sony now, but you are so weak, it seems that I misjudged you. “
Li Lin picked up the coffee and took a sip, "Steve. Mr. Case, the agitation method is useless, and there are many loopholes in your words. ”
"First, I never thought of dealing with the AFL, this behemoth is not something I can deal with."
"Second, I'm facing Sharon. Stone, the AFL, and the Ku Klux Klan are just behind Sharon. Stone, backing and confrontation are purely two different things. ”
"Thirdly, I repeat once again that I never wanted to have an all-out confrontation with the Sony Group."
Sony itself is a behemoth, and Sony is still standing behind the Mitsui Consortium, wanting to defeat Sony, the Mitsui Consortium is a hurdle that cannot be crossed, they will not let their important pillar group Sony be defeated, and in the end, the behemoth of the Mitsui Consortium will definitely intervene.
It is a much larger behemoth than the Samsung consortium, with the banking industry as the core of the Mitsui consortium to guò its own funds to extend its hands to the steel, ore, automobile and other industries, and has achieved important results, although Sony has always been inseparable from Mitsui, there is a tendency to be independent, but once Sony is in trouble, Mitsui will never let go.
Of course, there will be no support for no reason, and a controlling stake in Sony will certainly be sought.
The relationship between Sony and Mitsui is like the relationship between Wall Street funds and American high-tech companies, at the beginning of Sony's establishment, the Mitsui consortium introduced funds from the Mitsui consortium, but the Mitsui consortium did not directly manage Sony, but handed over Sony to the founder of Sony.
And when Sony developed into a behemoth, the Mitsui consortium wanted to bring Sony under its control, but it was surprised to find that the short man had the capital to resist his control, and under Sony's resistance, Sony was not really included in the Mitsui system.
This is also the reason why Toshiba, which is also a member of the Mitsui consortium, has been at odds with Sony, and the two sides are fighting in the electronics industry.
For the Mitsui Foundation, Sony is a runaway child, and they want this child back all the time, but this child is very rebellious and has always refused to return.
Although the two are sometimes dirty, once Sony suffers a blow, the Mitsui consortium will definitely not ignore it.
Just like when Sony was sniped by Time Warner and lost $800 million, the Mitsui consortium immediately injected a large amount of money to save Sony, although his injection of funds also changed Sony's shareholding structure again, and the Mitsui consortium's control of Sony became more and more severe. (To be continued......)