Rebirth: From Internet to the Sea of ​​Stars

Chapter 257

In 2000, the match made in heaven by America Online and Time Warner attracted widespread attention from all over the world.

Because on January 10, 2000, Miguo Online, as a world-wide Internet upstart, announced the acquisition of Time Warner for US$181 billion.

You must know that Time Warner is an established media empire and has produced many classic film and television works. The combination of the two has established the US Online Time Warner Company, which is the world’s largest merger and acquisition case.

The powerful combination of the two media giants has also integrated the world’s advanced resources into the media company.

Time Warner hopes to tap into the new media market with the advantages of U.S. Online’s platform, while U.S. Online needs Time Warner’s cable TV business as a new profit growth point. This was the starting point for the marriage of the two at that time.

The United States Online Time Warner merger, once known as a model of media integration, is disintegrating because of the combined turbulence of many factors, which can be roughly divided into internal, external and direct causes.

The internal reason is that the two companies have never been able to integrate, and instead of forming a strong alliance and complementary advantages, on the contrary, their respective advantages are offsetting each other.

External factors stem from the emergence of a new generation of Internet media models represented by the Web. Content production is no longer limited to organized forms, and content sources are no longer limited to traditional media.

It must be mentioned that there is pressure from investors, which is the direct reason for Time Warner’s divestiture of United States Online.

Wall Street investors have doubted whether diversified media groups can successfully leverage the “collaborative advantages” brought about by diversified asset portfolios, because it is difficult for investors to figure out the complex relationships within these large-scale cross-industry media groups. Needless to say, an accurate assessment of the investment risk involved.

Therefore, after 9 years of marriage, the two finally divorced.

At this time, it is estimated that the market value of U.S. Online has fallen from its peak of 163 billion U.S. dollars to less than 3 billion U.S. dollars now, and Time Warner, which was once huge, has also encountered many problems.

160 billion just evaporated!

Moreover, after the merger, there was a wave of Internet winter, and the Nasdaq collapsed. Therefore, many people were skeptical about the merger of Renren and Facebook.

But as Su Cheng said, we are the leader in the industry, and our products have a high degree of overlap. Our merger will only bring greater benefits. This is beyond doubt.

Therefore, after the board of directors has been opened.

Su Cheng found Sun Zhengyi and prepared to make a breakthrough from him.

In the evening, he made an appointment with Joaquin and the leader who loves not to exist. He wants to get a few major shareholders in one day.

He doesn’t want to force it through, because there are still more opportunities for cooperation in the future, so why bother with this unpleasant matter.

“Mr. Sun, I think you can definitely understand how big the market will be after our merger. This will be an unprecedented big market, and we will be a social empire that owns the entire world.”!”

Sun Zhengyi smiled, “I just want to know how many shares I can own in this new company, and… I believe you!

Mr. Su, do you know? Your own existence is a miracle, and I believe you can create another miracle! ”

Su Cheng was stunned. Why did you sound weird?

But Su Cheng still smiled and said, “It depends on how much Morgan, Sequoia and even other shareholders are not optimistic about this merger.”

“This world is huge and there are many opportunities. Our future is infinitely broad. Therefore, Mr. Sun, your decision is extremely correct, and your decision will allow you to enjoy unprecedented benefits in the future.”

Sun Zhengyi laughed, “Yes, if I knew the truth earlier, I would not let out Taobao’s shares. Alas, it’s a pity, Mr. Su’s vision and methods are really amazing.”

Su Cheng smiled, “It doesn’t matter. The future is still very long. We are still very weak and we need more like-minded friends. In the future, it may not be impossible to enter the game again, don’t you think?”

Both of them laughed.

After an exchange of interests was reached, Su Cheng turned around and started discussions with his two families.

“This matter is very simple. We need to use Facebook to push everyone to a higher level, and it will not make Lao Mi sensitive. What kind of future will you say if I defeat Facebook?

Boycotted? Disabled? ”

The two persons in charge are all contemplative. Before they only considered two aspects, interest and right to speak, but they did not test everyone because they were very affected by the policy.

But now that Noah Russell is bound to this chariot, then it is equivalent to having a clear identity. In the future, you will resist sanctions and sanction your sister!

Noah Russell dared red-necked and shouted that he was not free.

And most importantly, Su Cheng’s shares are very high, not only the holders’ high stakes, but even Facebook’s shares, which are as high as one-fifth.

And Noah Russell is not as generous as Su Cheng, so although his shares are less than Su Cheng in the company, all of this is very convenient for future manipulation.

“Then how do you guarantee that Noah Russell will not have an accident?”

Su Cheng shook his head, “. “So I separated the ** market from the North American market. The final controversy is nothing more than the world market.”

“The North American market? That includes the Maple Leaf Country?”

Su Cheng smiled, “But our ** market also includes the two East Asian countries, Neon and Goryeo!”

In fact, after hearing this, everyone has already understood that this is the foundation, and neither side should be allowed to move randomly.

But now it seems that Su Cheng’s consideration is still very comprehensive.

“All right, then you decide! The old leader said that you will definitely not suffer. I only understand what is going on now. Since we have this opportunity, we must not let it go. We will fully support you!”

Su Cheng smiled and drew a few more names on his list.

The arrival of 2007 was unexpected. Su Cheng has been busy convincing the shareholders of the company these days that it is finally done.

But time has also come to 2007, the golden age!

Starting this year, Su Cheng will accompany the company to gradually become brilliant.

And the merger agenda of Renren and Facebook has officially gone to success.

After being clarified about their future interests, several major shareholders successfully settled the audit committee of the United States and quickly passed the merger agenda.

Therefore, the merger of Renren and Facebook is imperative!

Something that can no longer be changed, but this is not good news for Microsoft, nor is it good news for Penguin.

As early as December 31, following the merger news from Renren and Facebook, it caused a sensation in the outside world.

Countless people are holding melons, waiting to see the final direction of this event.

And on January 11, after half a month’s time of benefit exchange, even after various considerations, especially the two teams and two companies have prepared many considerations and studies early.

Shareholders feel deceived because they have been prepared so well that they are so eager that they will start the merger as soon as they agree to it. .