America: My Time

Chapter 346 The Impact of Expansion

Chapter 346 The Impact of Expansion

"Quantum Mining is expanding too fast. The emergence of one world-class mine after another gives it enormous potential. With the help of those guys in Japan, it's no wonder Freeport couldn't resist making a move on Quantum Mining. If they don't act now, they won't have another chance. However, I don't think John will enter the steel industry at this time. Developing a mine takes time, especially in Australia. Quantum Mining can't complete mining in a short period of time."

"Indeed, those mining companies are also joining forces to restrict the development of Quantum Mining. If it weren't for John, that little fox, entering the market through acquisitions, there would be no chance for development at all; they would be completely stifled! However, these guys won't last long. John, that little fox, is not someone to be trifled with. If you anger him, he can deliver a fatal blow to these guys in the financial market. The fate of Lehman Brothers is a cautionary tale! However, we cannot underestimate John's overseas expansion. Listing DreamWorld will give him more funds on hand. Forget about the US side. After this cooperation, there will be no more cooperation this year, and it may not be long before he starts any more acquisitions. He will turn his attention entirely overseas. You can see from Bentley Group's previous acquisition that John, that little fox, doesn't want to engage in meaningless battles with those old guys anymore." At this point, Morgan couldn't help but sigh. Such an outcome would affect Morgan's interests.

After a moment, Morgan asked again, "Jimmy, how's that little fox John's Lanai Island going? Is it ready yet? A lot of time has passed. And what's the status of his acquisitions during this time?"

"He's acquired several well-known wineries in Napa Valley, and this little fox has also bought up a lot of land in Oregon, showing signs of wanting to go into farming. This isn't just happening in the US; he's doing the same thing in Europe, especially acquiring numerous estates in the British Isles. It's hard to tell what he's up to. Nobody would believe he's going to farm. However, in the wine industry, he's abandoned domestic acquisitions and instead acquired Corona in Mexico and San Miguel in Asia. He's currently in talks with Guinness, Burdingham, and Triumph about acquisitions."

Jimmy paused here, pondered for a moment, and then continued, "There's another rumor: John, that little fox, is eyeing the Champagne House, not in his personal capacity, but through the Southern Group."

"It seems that even a small Southern Group has been manipulated by this little fox, John. Judging from the current information, he's intentionally expanding into the liquor industry. But is it worthwhile to acquire it at this time? I really can't see how much profit this will bring him. With that kind of capital, he could easily invest in semiconductor expansion. Those old guys have already completed their home appliance expansion, but this little fox, who controls Best Buy, hasn't made a single move. It's really baffling. Does he really not care about the profits in the home appliance industry, or is this little guy's goal not in the home appliance industry at all, or does he have some kind of tacit understanding with those guys in Japan? I had the same suspicion when Sony wanted to acquire Columbia Pictures!"

"There might be some tacit understanding between them. At least those guys didn't put any effort into researching games. Otherwise, with their skills, they should have been able to bypass the patents of the game world!"

"How is Sony's control over Columbia Pictures? Several months have passed, surely they haven't taken control of Columbia Pictures yet? And what about Fox? Are they capable of threatening Paramount and Universal Pictures?"

"Columbia Films is still in chaos. Those guys in Hollywood are really ruthless; they've been constantly undermining Columbia Pictures. If Universal Pictures and Paramount Pictures hadn't held back, Columbia Pictures would probably have been severely damaged and wouldn't have been able to get out of its predicament for a long time. Fox is in a slightly better situation, but it won't be for long. Universal Pictures and Paramount Pictures are suppressing it. What's interesting is that Murdoch is also acquiring television stations and wants to build his own network. It seems he also has high hopes for television networks."

"It's too late. Building a television network now is too late. It will only be a waste of time and energy. He can't beat NBC or Paramount. If I were him, I would just acquire a public television network instead of building one myself. Now the staff of the television station have all fallen into the hands of Phoenix. Murdoch's plan is destined to fail. Even if it succeeds, it will only be a television network. I don't think he has the monstrous ability of John!"

"He is indeed a prodigy. Paramount is now developing wildly under his leadership, the television network is on the right track, and the film industry is also developing rapidly. In particular, Blockbuster is now spread to major cities across the United States. Like 7-Eleven convenience stores, it is developing very rapidly, which has shocked other Hollywood giants. Some people are even criticizing MGM. It is precisely because MGM sold off its film library that Blockbuster has a sufficient number of films."

"It's a chain reaction. Behind Blockbuster's expansion are the promotion of VCDs and records. It has to be said that John has gone further in the entertainment industry. Jimmy, ask John, that little fox, when NBC will go public. Such a public television network can't stay in his hands forever. NBC is now the most influential public television network in the United States."

"Boss, I'm afraid it will take time. Legendary Entertainment and Phoenix Media have already started their satellite communication network project. According to Hughes' announcement, a total of six satellites will form a complete communication network, covering all countries and regions in the world. Hughes has already completed the manufacturing of two communication satellites!" "So, Hughes started manufacturing communication satellites even before receiving orders. It seems that John, that little fox, really values ​​the expansion and development of media and entertainment. Once this satellite network is completed, it will be difficult for any TV station to challenge his position as the number one media tycoon. A big move, truly a big move!"

At this moment, Morgan noticed Jimmy's hesitant expression and said with a serious look, "Just say what you have to say. Don't beat around the bush. Does that little fox John have other plans?"

"Boss, according to reliable sources, Hughes is launching the next phase of its satellite program. Gulfstream Aerospace is developing rapidly, and Pan Am is also interested in expanding overseas, having already made contact with Japan, Taiwan, and the UK!"

"Are you sure Pan Am has made such contact?" Morgan's expression turned serious. This was not good news; it meant John was about to launch a full-scale overseas expansion. Morgan was now monitoring John closely, fearing he might miss something important due to carelessness.

"Yes, I can confirm that Lion Air of the UK, Transatlantic Airlines of Japan, Far Eastern Air Transport of Taiwan, and Hawaiian Airlines were also included in Pan Am's acquisition list, but the previous turmoil made John give up."

"It seems that John is becoming more and more vigilant. He would rather give up than continue the acquisition. Those old guys are going to have a headache now. Their constant suppression of this young man has finally brought them bad results, causing him to completely abandon the expansion in the United States and choose to go overseas."

"Boss, this is also a problem for us; it will seriously affect Morgan's interests!"

"No, our influence isn't that great. John has plenty of opportunities. I don't know if Legendary Entertainment will go public, but NBC is a must. Even with all the preparations he's made, it still needs to go public. Nobody will accept such a media giant being in private hands. John should know that! Go talk to him. I'm sure this kid won't let us down. Don't be fooled by his previous actions; they were just to intimidate those old guys like Rockefeller and the White House."

"Are we just going to ignore Pan Am's expansion?" Jimmy was somewhat puzzled by his boss's decision.

“How could we ignore it? This shows that John, that little fox, won’t give up on expanding in aircraft manufacturing. It’s a pity we can’t interfere now, but keep an eye on Hawaiian Airlines. If we can take it under our control without alerting anyone, it might not be long before we can hand it over to John. If I’m not mistaken, he wants to control enough airlines and then go back to acquire aircraft manufacturers. He has clearly abandoned the United States. Canada has the best chance. Have someone keep an eye on things. If there’s any sign of trouble, be sure to let me know!”

As a shrewd old fox, Morgan quickly figured out John's plan, but understanding it was useless; the other side wouldn't give him any opportunities, leaving him powerless to do anything. Knowing full well that John had many needs in various areas, these foolish obstructions forced John to abandon his expansion in the US and choose overseas, which had a significant impact on Morgan.

"Okay, I'll arrange it." Looking at his boss's worried face, Jimmy couldn't help but sigh. Who could blame him for the situation developing to this point? It had already eased up a bit, and John, that little fox, was willing to increase his investment in the country. But those old guys insisted on causing trouble. Now, everything has fallen apart and no one is going to have an easy time!
Under these circumstances, nothing can be done. John, that little fox, will no longer believe those old guys, or even Morgan's guarantee. It's Morgan's own fault for not seeing through those old guys' schemes and getting caught up in them. He can only blame himself for being too careless!

(End of this chapter)