"Avril's actions have shaken the foundation of the entertainment industry, and as one of the largest media groups in the United States, we at AOL Time Warner cannot sit idly by, otherwise we will also suffer losses once it causes a chain reaction."

At the AOL Time Warner conference, AOL Time Warner's President Dick Brown. Parsons was impassionedly saying, "Yes, Sony is our enemy. ”

"But our mortal enemy is the AFL."

"He has already set his sights on it, they want to rely on this lawsuit to lay down the rules and regulations for the invalidity of the contract, once successful, the status of the artist and the company will be reversed in the future, and the foundation of the entire entertainment industry will collapse."

"As AOL Time Warner, which is based in the entertainment industry, we can't allow this kind of thing to happen, because this is a huge blow to us AOL Time Warner."

"With cold lips and dead teeth, we and Sony temporarily put aside our preconceptions and fought together against the AFLF."

Dick. Parsons's face showed an unnatural look, and he felt panic the moment the AFL-CIO appeared.

As the president of AOL, he deeply understands that the AFL's enemies to American businessmen, especially large groups, the bigger you are, the more hostile the AFL.

They always do everything possible to subvert the existing rules and demand greater benefits from the exploited classes.

In their eyes, the United States is a welfare desert country, and they need to make the United States a paradise on earth with welfare benefits that surpass all other countries in the world.

It is better to be able to completely eliminate the American businessmen and let everyone be in charge.

This kind of thinking is extremely dangerous in the eyes of businessmen and tycoons. Therefore, at the beginning of the establishment of the AFL, they could not wait to suppress the AFL.

However, after a long period of suppression. The AFL-CIO eventually grew into a target for Wall Street conglomerates.

Now, the Federation of Labor and Industry has extended its magic hand to the entertainment industry, and the companies in the entire entertainment industry are making noise.

"I'm against it."

Steve. Keys sat comfortably in his seat, and although he lost his position as president of AOL Time Warner, he was still a member of the board of directors of AOL and owned a significant stake.

"Why are we helping Sony?"

"And to contact other Wall Street consortia? They're not vegetarian animals, so find them. It's going to be a hard hit. ”

"And, Dick. Parsons, you've let me down so much. I remember teaching you that you should not be surprised when faced with things, and now you are disappointing me. ”

Steve. Keith's tone was flat. I don't seem to hear any uneasiness. It was as if the AFLV was just an ordinary trade union, and it had no effect on him.

"Steve. Keyes. ”

Dick. Parsons fought back without hesitation: "You may be mistaken, you didn't teach me, I was never an employee of AOL, you want to teach, you can't teach me!" ”

The counterattack was accompanied by a hint of low laughter.

Steve. Keith's face instantly became gloomy, and his face like the big brother next door became slightly distorted. Parsons' words hit his sensitive spot.

The years he served as president of AOL Time Warner. Time Warner employees never looked at him as president, and they always disobeyed his orders. I didn't take him as the president in my eyes at all.

"Then I'll teach you now."

Steve. Case's tone was suddenly full of aggression, "The AFLV wants to attack companies in the entertainment industry, but what does this have to do with us?" ”

"AOL Time Warner is a large media group in the United States, although we are also in the entertainment industry, but there is an essential difference between us and those record companies and brokerage companies."

"We never sign an agreement with an artist."

"Steve. Mr. Case. "Dick. Parsons interrupted Steve. Case's words, and reminded him maliciously, "You seem to have forgotten about Warner Records, but that's right, Steve. Mr. Case had probably never seen a Warner record in his eyes. ”

Warner Records belongs to Time Warner's record label and has nothing to do with AOL. Parsons used this phrase to satirize Steve. Case never really mastered AOL Time Warner.

"Compared to Columby Pictures, I really don't have Warner Records in my eyes." Steve. Keith retorted unceremoniously: "In my eyes, Columbia Pictures is the prey." ”

"But Columbia Pictures is in Sony's hands, isn't it?"

"Yes."

Dick. Parsons had just shown a mocking smile when Steve Brown. Keith interrupted, "We'll just take it." ”

"Isn't the timing just right?"

Worst!

In an instant, Dick. Parsons knew he had been fooled, and he glanced over the directors and saw the expressions of surprise on their faces, and he sensed something was wrong.

"I ......."

"Sony is in a very bad situation right now." Steve. Keith didn't give Dick. Parsons had the opportunity to speak, and he stood up, his hands on the table, his eyes looking around, and a surging and confident gaze emerged, "They are under attack from the AFL. ”

"They're having a stupid lawsuit."

"And this is the fundamental thing that shakes Sony's stock price."

"As long as we AOL Time Warner launch an attack on Sony, advocate Sony's imminent collapse, and suppress Sony's stock price, Sony will definitely pay the tuition again."

"Those short Japanese people probably think they've paid their tuition, but I, Steve. Keys would sue them that their tuition fees were far from being paid. ”

"How sure are you?"

A director asked.

Usually AOL Time Warner fights with each other, but when it comes to the critical moment, everyone understands what to do, after all, it is in their interests.

Sony isn't weak, but Sony has what they AOL era Warner covets.

Columbia Pictures and MGM.

Whether it's Columbia Pictures or MGM, all of its film libraries and series are what AOL Time Warner wants.

What's more, Columbia Pictures and MGM have theatrical resources in their hands that are crucial to the film.

They have the right to speak, they can determine the division of theaters and movies, and they can also decide the release date, time and other representatives of soft power.

Of course, it is the MPAA's right to speak that is decisive.

The MPAA is the Motion Picture Association of America.

Its status in the United States is similar to that of the Chinese film and television department, although it does not have as much power as the film and television department, but it can easily jam other non-Hollywood giants with the control of the classification system.

The MPAA has the say in the hands of seven companies: Walt Disney, Columbia Pictures, Paramount, 20th Century Fox, Universal Pictures, Warner Bros. and MGM.

These seven companies dominate the entire MPAA, which is the fundamental reason why other studios, no matter how brilliant their results and the sluggish results of the Big Seven, cannot replace them.

Sony is a giant because Sony bought Columbia Pictures to get a seat in the MPAA, and now, it has acquired MGM.

This could almost establish their status as Hollywood's No. 1 film company giant.

Because it alone has two seats in the MPAA.

"I'm 80 percent sure."

Steve. Keys said confidently, this is why he is not confident, he is not confident, how can other directors believe him?

"How does it work?"

"First of all, all the media magazines under AOL Time Warner have sung about Sony, suing investors that Sony has been attacked by the Federation of Labor and Industry."

"Second, contact other studios to negotiate the removal of MGM's MPAA seat."

"I think that since MGM and Columbia Pictures are both owned by Sony, then their MPAA seats should be reduced, otherwise one film company will hold two seats, which is very unfavorable for the American film industry, and there is a suspicion of monopoly."

Hehe......

The directors present all laughed heartily.

If AOL Time Warner succeeds in attacking Sony and takes Columbia Pictures or MGM from Sony, then the proposal will naturally be nullified.

But if they don't succeed, then Sony's seat in the MPAA will naturally have to be reduced, otherwise let the Japanese sit bigger, where will they put the face of the Americans?

"Again, we can use our own funds to attack Sony's stock price, accelerate Sony's rout, create a false impression in the market that investors are not optimistic about Sony's stock price, and suppress Sony's stock price."

"If I can, I'll make a board of directors contact Standard & Poor's to downgrade Sony's credit rating."

Among the three major rating agencies in the United States, Standard & Poor's, Moody's Investment Services, and Fitch International Credit Rating Co., Ltd., Moody's focuses on institutional financing, while Fitch focuses on the rating of financial institutions, and Standard & Poor's focuses on corporate credit.

Standard & Poor's ratings have always been a reference for investors.

Once Standard & Poor's downgrades Sony, investors will waver.

"Okay."

A director said excitedly: "If you can successfully suppress Sony this time and eat MGM or Columbia Pictures in Sony's hands, Steve . Case, you've done a great job, and I'll bring you back to the top of the company when the time comes. ”

Dick on the side. Parsons' face darkened.

Steve. The only position that Case has returned to the top of the company is president, and he, the current president, may not be long before he becomes the former president.

When AOL Times Warner was preparing to suppress Sony's stock price, Li Lin also mobilized funds and prepared to cut meat from Sony.

"Start shorting Sony's stock." (To be continued......)