AOL is a veteran Internet company in the United States, as early as 1994, before Han Xuan set foot in the Internet industry, it already had more than one million users, and it is one of the second batch of Internet companies to grow.

The first batch refers to IBM, Apple, etc., which is the result of Han Xuan's own classification according to time, and does not represent the mainstream views in society.

Before today's bubble bursts, AOL had a market capitalization of $115 billion, and last year it made a profit of $290 million and annual revenues of $2.1 billion.

It was the first to open an online chat business, and then it learned O to make changes, adding ads to each chat window, bringing a lot of profits to the company, but making customers feel annoying, and O's chat window was exceptionally simple, and its influence was greatly diminished by O.

The company's executives are good learners, and since discovering the success of the Internet company founded by Han Xuan, they have acquired several small search engine and online news companies.

In a report released yesterday by Soros's Economic Research Institute, its name was highlighted, citing AOL's more than 13,000 employees, which is about the total number of employees of Hope Group's three companies: browsers, chat apps, and shopping sites, and the management and staffing arrangements are chaotic and bloated.

He also mentioned that AOL's blind expansion, the infeasibility of many development plans, and the lack of reserve funds will inevitably be eliminated by the market in the future, which is the cause of its sharp plunge in its stock price today.

Similarly, Sun-Microsystems, which was once favored by Han Xuan and thought could be held in the short term, was also mentioned in the three-point revelation news, and people realized the seriousness of the situation, and it is a matter of course for them to fall sharply today......

When it comes to Time Warner, Han Xuan has always thought that there is no way to swallow this company in addition to hot eyes, but just now, he suddenly discovered that Time Warner Group is not a big deal.

Since even AOL can try to swallow it, it is definitely easier for me to do it, not to mention that the cash in hand now alone can buy the entire group with a total value of more than 140 billion US dollars, and there is even a lot of money left.

His family's traditional media channels are far inferior to Time Warner, the world's No. 1 media giant formed by the merger of Time Inc. and Warner Communications in the early 90s, and owns far more than just media itself.

It accounts for 20 percent of the advertising revenue of consumer magazines in the United States and is the world's largest Internet access service provider, with 11 million U.S. users and 6 million international users in 16 countries, providing access services to 75 percent of U.S. Internet users.

At the same time, it also has the most abundant cable TV channel in the United States, the cable news channel CNN, the most popular cable movie channel HBO, and the world's largest film and television library, and has successfully become the world's largest CD and DVD manufacturer in the past few years.

In addition to 50% of DC Comics, which is barely comparable to Marvel Comics, he is also the owner of the Atlanta Hawks in the NBA league and the Major League Baseball team.

With the addition of "Time" magazine, "People" magazine, etc., Han Xuan can already imagine how huge a media and entertainment company will be formed if such a company is combined with ABC TV, Bloomberg News, Destiny Browser and other companies, and then cooperates with his grandfather's Pixar Animation Studio, Marvel Comics, Dimen Pictures, etc.!

Due to its own existence, AOL's influence has declined a lot compared with the previous life, when the Internet era was just emerging, AOL was the "leading boss" of the global Internet industry.

And in 2000, it acquired the media giant Time Warner with a small Boda, and this acquisition created the largest acquisition record in the history of the world with an amount of 176 billion US dollars! The combined market value of the two companies reached $330 billion!

However, with AOL rapidly declining in just a few years, the two companies were eventually separated.

The merger between AOL and Time Warner has entered the final stage, and the negotiations have lasted for more than a year, but now with the collapse of the Internet bubble, AOL's market value has plummeted, and the board members of Time Warner's board of directors are blocked by lard before they will continue to carry out this merger, and now is a good time for Han Xuan to make a move.

At this moment, Han Xuan recalled the news about Time Warner in his mind, which he remembered reading in a newspaper in 1992, when Time Warner reorganized its entertainment business, .est telecommunications, and sold 56 percent to Japan's Itochu Corporation and Toshiba Corporation.

At that time, the Japanese still had money and liked to buy and buy in the United States, the difference is that most of the companies are in debt, and they make a lot of money, the so-called big profit means that now, in the previous life, with the decline of AOL, Time Warner lost nearly 90 billion US dollars in 2002!

Now, it is a large company with an annual profit of more than 14 billion US dollars, Han Xuan sat on the sofa and closed his eyes to think about this business that was enough for him to spend time pondering, and found that he had an unimaginable "hole card" in his hand, and then found that the acquisition of Time Warner could not cost so much money, and the corners of his mouth couldn't help but smile.

beckoned to call an assistant temporarily arranged by the secretariat, his name is Joey, unlike Secretary Dawson, who follows Han Xuan all day long, Joey is responsible for staying in the company to help Han Xuan deal with various things, and he is busier than Dawson.

Han Xuan looked at Joey and asked, "Who is Time Warner's current CEO?" ”

It's a strange question, but Joey often contacts the public relations department to help Han Xuan filter out the negative reports, and knows a little about the executives of several major media companies, and then replied: "His name is Dan Logan, he is very capable, if you need detailed information, I will arrange someone to help you sort it out, it won't take too much time to complete." ”

"Okay, I'm sorry for you.

Also, help me contact him, I feel the need to meet with him, preferably today, if I don't have time, tomorrow or the day after tomorrow. ”

Han Xuan said calmly.

The iron-clad battalion is a running water, a company even keeps changing board members, not to mention the CEO, the board of directors can be removed at any time if the performance is not good, and rarely pays attention to the affairs of Time Warner Group.

I didn't think about going to New York to see each other in person, the status of the two is really different, not to mention that it is winter, he really doesn't want to go to that cold place to suffer, the company has many things that need to be handled by Han Xuan personally.

"I think he'll be over today, please wait a minute." When he said this, Joey's assistant tone was a matter of course, he had arranged many meetings for Han Xuan behind the scenes, and no one would refuse Han Xuan's request to meet, not a single one......

Lying in the lounge for a few minutes, Han Xuan's head has been deducing the trend of the NASDAQ index in the future for a period of time, he naturally can't fully estimate it, but he can use all kinds of resources he has to make the NASDAQ index go in the general direction he wants, and it is not difficult to affect the market trend from the perspective of the Internet industry stocks and huge funds he holds now.

Thinking about the economic trend of the Internet bubble crisis, he found that if the situation did not go wrong in a short period of time, he would lose about 100 billion US dollars at most this time, and according to the peak figure at the close of the market yesterday, the situation did not seem to be as bad as expected, and this part of the loss could be made up within five years, Han Xuan's mood suddenly relaxed a lot.

Since the bubble collapsed, he has been thinking about how to make more profits, for Han Xuan now, business operations are more important than money, after all, the money earned through his own business operations can get a sense of achievement, and the two are not contradictory.

This crisis is also a process of reshuffling the Internet industry market, and companies with insufficient strength will be eliminated by the market, and it will be followed by another wave of acquisitions of big fish eating small fish, which is an opportunity for Han Xuan.

After a short period of entanglement, he had a general idea in his heart, and at this time he heard Joey's assistant again: "Little boss, it's dealt with."

Mr. Lorgan will be here by seven o'clock in the evening, and the papers concerning him will be in your hands when you are done with the business of the board. ”

Standing up from the sofa, Han Xuan stretched out his hand to tidy up his clothes, and said with a smile: "Thank you very much, I don't know where the conference room is, and I want to trouble you to help me lead the way." ”

"You're welcome, please come with me.

The conference room is downstairs, and many people came today, and the small ones couldn't sit down, so we arranged another room, and the board members of each company, as well as the shareholder representatives, were together, and about 90 people came. ”

Han Xuan was startled and asked in surprise, "So many?" I remember a company has a maximum of nine board members, right? ”

Assistant Joy nodded: "Yes, Executive Anthony said that this is the rule when you first established the Snow Mountain Group, in order to ensure the efficient establishment, he perfectly executed your decision, all holding secondary subsidiaries, at most nine board members."

However, there are often shareholders of our subsidiaries who come to visit us, and according to the rules of the hotel, these people can stay for free for three days, so people often come here.

With our fame, those companies can negotiate business more smoothly, and many people come to us to talk about business, so there are so many people, and there are not many really powerful shareholders......"