Rebirth of the Tech Madman

Chapter 557: Online services and AOL

In fact, Marvin Davis, like Mark Rich, wandered the margins of the law due to price speculation in the oil business.

However, he did not take the risk of political risks like Mark Rich, so only in 1981, the U.S. Department of Justice ordered some civil compensation. In the same year, it sold most of its shares in the oil company, earning $600 million in revenue.

Also in 1981, Malvin Davis and Mark Rich paid a total of more than $770 million in order to gain control of 20th Century Fox.

After Mark Rich was wanted by the U.S. government and ran away and became the most wanted criminal, his shares in 20th Century Fox were acquired by Malvin Davis with more than 110 million US dollars.

Today, Tang Huan is willing to buy this part of the equity at a price of 250 million US dollars. Malvin Davis has made more than double the profit, which is undoubtedly very cost-effective.

But there is one thing. Although this part of Mark Ritchie's shares in 20th Century Fox was taken by Malvern Davis for more than $110 million, it does not mean that it is really worth this price.

If this deal is reached, both Tang Huan and Malvin Davis can be called a win-win situation. The real loser is Mark Rich.

Malvin Davis contemplated for a moment, but it was difficult to decide for a while. For Gein, 20th Century Fox was a bit tasteless to him. The money was not as enjoyable as the oil business, but it was not completely unsuccessful. In short, the water in Hollywood is not as deep as that, which makes him, the oil tycoon, a bit in a difficult position.

Since the trinity of the Hollywood industry's production, distribution, and screening, the vertical monopoly was broken by the U.S. Department of Justice's anti-monopoly sword, in order to survive, Hollywood companies have become vassals of large consortia one after another.

But the ups and downs of earnings in the film industry. It is as elusive as not knowing which cloud will rain, and it is also disliked by some non-industry executives. For example, the management of Coca-Cola has criticized Columbia Pictures.

Obviously. It is not enough for Hollywood to cut the peaks and valleys of operating risks by selling the big consortium, and it must take another road of monopoly. That is, the combination of entertainment and media.

Malvin Davis has accepted this suggestion from his subordinates, otherwise he would not get involved with Murdoch and plan to jointly acquire the cable TV network under Metropolis Media.

But as a result, Malvin Davis’ financial pressure has also greatly increased, and he wanted to borrow $600 million from the bank before, but he never got the full trust of the banker.

Of course, financing channels are not limited to banks. Junk bonds are now prevalent in the United States. Malvern Davis also does not reject this approach, it is nothing more than a higher risk.

It is a pity that this plan has encountered a strong challenge. Ted Turner also took a fancy to this goal, and with Tang Huan's support behind him, the prospect of competition is really not optimistic.

Seeing Malvin Davis hesitating, Tang Huan put down his cup and slowly said: "I have been in contact with Hollywood in the past few years, and I have one feeling. That is. I am most afraid of embarrassment, 20th Century Fox and Walt Disney. It seems that they are all in this state, and the proportion of profits contributed by movies is declining. Additional investments such as real estate are needed to make financial statements visible. In particular, the latter, theme parks account for 70% of revenue, and are currently facing the threat of hostile acquisitions. ."

Staring into the eyes of Malvin Davis, Tang Huan made a gesture, "Open the skylight and speak up. In my quotation plan, the rest of the plan is like this. I am willing to spend 700 million US dollars on your own shares. Take over."

"Okay. 20th Century Fox's film business may be really difficult to catch your eyes. But Pebble Beach Golf Course, Ski Company, Century City. And the upcoming Forbes Plaza are all gravitational assets. "Malvin Davis punched haha. There was an old cunning in his smile, "You have said that you like this golf course very much, and in the past few years, the Pebble Beach Golf Course has indeed appreciated a lot."

Tang Huancai nodded boldly, "Just tell me, how much do you want to increase?"

"Add another 100 million, and all of my rights and interests in Forbes will be transferred to you. Of course, I immediately parted ways with Murdoch." Malvin Davis was able to illuminate his overall plan.

"My team has evaluated the assets and liabilities of Forbes in the 20th century. Your floating is unreasonable." Tang Huan shook his head affirmatively.

"How come." Malvin Davis sat up straight, "I have been running 20th Century Fox in the past few years, and I have definitely been working hard."

Tang Huan smiled, using no blows to stimulate the opponent, and stood up and said: "Let's go to play, and hope that when we come back, we can see relevant information that attracts me enough."

"Okay." Malvin Davis picked up the phone swiftly. "I'll let people prepare."

Now, Malvin Davis’s mentality is similar to that of Metropolitan Media’s boss John Kruger. When he finds that his assets have risen to the high point of psychological expectations and have the opportunity to turn into attractive real money , The letting go becomes irresistible day by day.

...

The collapse of the North American home video game console market, like the autumn wind sweeping the fallen leaves, has harvested countless companies, including directly participating game console manufacturers, game software developers, etc., and even neglected because of their marginal status. Of various service companies.

For example, there is such a venture capital computer service company named-Control Video. Its business is to provide a network connection environment for the Atari 2600 so that players can store their best scores.

With Atari’s performance plummeting, especially when Warner decisively sold the home video game console and personal computer business to Jack Trammel in early 1984, it suddenly lost its main business and was about to close down frequently. the edge of.

As one of them, Steve Case felt that he might have to change jobs again. After graduation, he worked for Procter & Gamble and PepsiCo. Because I opened my eyes on the dex in Las Vegas, this was introduced by my brother who is engaged in securities investment and plunged into the it circle. Entered as a marketing planner.

Steve Case, born in Honolulu, Hawaii in 1958, has a business mind and a lot of energy. He was not reconciled to the company going bankrupt in such a desperate way, without the Atari 2600. Then change business.

For this reason, Steve Case spent several consecutive nights trying to find inspiration by visiting the prosperous Internet service provider AOL.

AOL is also a venture capital project. Funds are mainly provided by Tang Huan, the richest man in the United States and Silicon Valley tycoon, and developed from Pacific bbs, Zheru mail service, ea online game mud and other businesses.

With Tang Huan's support, AOL has advantages that other similar risk projects cannot match, such as its network construction. Have the opportunity to bargain with the telecommunications company Pacific Telecom at the negotiating table in order to reduce the cost of line access. The technology and products are more in place and very favorable.

Just like the Fangyuan portable personal computer that Steve Case is using, it costs US$2,699, the modem is US$49.95, and the initial installation fee for opening the network is US$15. As for the various network support programs that need to be used, all are free.

Of course, although the hardware investment is very cost-effective, the network usage cost is really expensive. It costs $4.95 per hour.

In order to attract users, AOL has also introduced a preferential tariff policy, and subscribers can enjoy packages. $30 per month, which is $15 for the basic cost of 5 hours per month and another $4.45 per hour. In addition, users can also enjoy a discounted price of US$3.95 during the period from 12 o'clock in the evening to 7 o'clock in the morning.

This is also the reason why Steve Case stayed up all night. AOL's offers are still very attractive, but only Tang Huan's support can withstand such burning.

In fact, AOL is not the only company that provides high-quality network services. Puserve, which dates back to 1969, is also very competitive.

However, after the comparison, Steve Case still prefers the platform of AOL. Gein, the technologically advanced virtual century, has more colorful content. Including news, weather, shopping, bulletin boards, games, voting, expert columns, banking, stocks, travel, etc.

And the feeling that you can talk freely with people all over the world while sitting at home. Steve Case was fascinated, especially many hot topics also aroused his keen interest.

...

The Los Angeles Olympics will be held in July this year, and the torch relay ceremony is scheduled in May.

The ingenious Los Angeles Olympic Organizing Committee decided after all kinds of criticisms that the torch relay ceremony was worth US$3,000 per mile, and a part of the San Francisco Bay Area has been bought by Tang Huan, and it will not hesitate to have a grand party. .

...

The 56th Academy Awards was held on April 9th ​​at Dorothy Chandler Hall in Los Angeles. The movie "Mother and Daughter Love" won including Best Picture, Best Director-James Brooks, Best The five awards including the screenplay adaptation, Best Actress-Shirley McLean, and Best Supporting Actor-Jack Nicholson, once again brought Tang Huan's United American company back home.

...

Oil tycoon Malvin Davis sold his 20th Century Fox shares for $1 billion, and the buyer was Tang Huan. thus. Tang Huan's Hollywood company also has its own large studio, and the scale of the company is even comparable to that of Paramount and Warner.

...

John Kruger, the boss of Metropolitan Media, sold its cable television networks in New York, Los Angeles, Chicago, Houston, Dallas, Washington and other places to Turner Broadcasting Corporation for $2.9 billion, making it worthy of the name. The fourth largest television network in the United States, as for News Corporation, it is out of the game.

Ted Turner, as the winner, specially appeared at the press conference with a pair of boxing gloves, and the ridicule and irony of Murdoch, the competitor, was as vivid as possible.

...

The traditional media's hype of Tang Huan from the age of entry to personal integrity is also reflected in the virtual world, and all kinds of laughter and scolding are even more unscrupulous.

Among them is a post about Tang Huan's actual age, which has been on the top after building tens of thousands of buildings.

Steve Case took a look at the results of the analysis. More than 85 percent of people believe that Tang Huan was born in 1955 and is 29 years old this year.

"A genius is a genius. Before reaching the age of 30, he has billions of fortune." Steve Case, who admired very much in his heart, also cast his own vote.

...

After drunk the espresso, Steve Case got up and walked out the window, did a few chest expansion exercises, and the fatigue of staying up all night was wiped out.

During this time, Steve Case spent thousands of dollars on the cost of Internet access alone. Although it was painful after indulgence, he also felt that he had gained a lot.

There is no doubt that AOL is the most advanced in terms of technology and concepts. In contrast, companies that are on the verge of bankruptcy are not worth mentioning.

This result did not go beyond Steve Case's expectations, and he believed that AOL, which has a strong background, should of course have done so well, and it is not worthy of fuss.

But there is one thing that Steve Case feels deeply, and that is the attitude of AOL in operating customers.

Many things that are taken for granted by computer professionals are very difficult for ordinary users to understand, and AOL, which puts down its high-tech skills on the shelf, in addition to its unique ingenuity in the ease of use of network programs, has also established a complete online customer service. Answer these questions.

Therefore, a considerable part of AOL users are ordinary people and belong to real consumers.

According to unofficial published data, AOL has close to 100,000 subscribers, and plans to use the attention brought by the Los Angeles Olympics to exceed 1 million registered users.

Thinking of this, Steve Case, who was originally ambitious, suddenly felt frustrated.

Even if an AOL company with such an industry-leading temperament can survive ~www.wuxiaspot.com~, it would be somewhat dull.

At this time, the phone rang, and Steve Case picked it up. It turned out that it was his brother Daniel Case.

The other party complained and asked: "Steve, what have you been up to these days? I asked you for dinner, and there was no reply."

Steve Case glanced at the box on the table and laughed, "I have been busy surfing the Internet these days, and all my stomach problems are solved with pizza."

"Pacific Telecom will be listed soon. At that time, there will be a lot of big people showing up at the banquet. The opportunity is really rare. Please prepare carefully and we will attend together." Daniel Case exhorted.

...

ps: New Year's Day, there are many things, the update may be unstable, book friends forgive me! (To be continued.)

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