1180 Chapter 2 Duet
"Hey hey..."
Song Ya held the mobile phone between her shoulders, shuffled and coded the cards cheerfully, and circled her hands, becoming more and more proficient, and happily said, "Mr. Jiang, Mr. Zhang, Mr. Charles Zhang, are we violating the security management by doing this?" Regulations?"
"It's...it's okay, it's okay, Mr. APLUS just enjoy himself." Charles Zhang wiped his sweat, and said to himself, do you understand this?
"You're welcome, just call me Xiao Song."
"No, no, dare not, Mr. Song, Mr. Song haha."
"Hahaha!"
Just after talking on the phone with Shakira, the phone rang again, "Hello, honey."
"You got the wrong person."
Sloan was on the other end of the phone, "APLUS, we just received your fax. There is only a piece of paper, a few words, and a seal with a five-pointed star. Don't you even provide an English version?"
"No, it's called a red-headed document. It's very effective. If you ask someone to do the translation work, show it to people on Wall Street."
Song Ya replied: "It says that a local TV station on the Huaguo side is allowed to discuss joint ventures with our Litman Media. That's all, that's enough. Those who are interested will find channels for themselves and find someone who knows how to verify it."
"OK, you've worked hard, it's not easy to get it, right?"
"Fortunately... the specific situation will be discussed when I come back."
"OK."
When Sloan put down the phone, the translator had marked the meaning of the text in English on the fax copy, and she hurriedly showed it to Morgan Stanley, KPCB and other parties involved in Litman Media's IPO.
"that's it?"
It was the Wall Street reception on the eve of the IPO, and the men in uniforms circulated among each other and said, "It seems that the progress is far from the progress you announced earlier."
"That's all, slower than News Corp., faster than Viacom." Sloan raised the champagne in his hand.
Others exchanged glances one after another, "Indeed, we can celebrate, cheers."
Everyone clinked glasses, then took out their mobile phones at the same time, wandered off and called to report or contact investment institutions.
Sloan's evening attire was very rustic today, with sharp and capable makeup. The Wall Street elites around her suddenly dispersed, and she raised her neck gracefully, drank the champagne, and then returned the glass to the waiter. .
"Look at that pretty blonde CEO..."
An elegantly dressed white old lady watched this scene from afar, "It should be you who are surrounded by Wall Streeters."
"Don't mention it Mam, I'm sorry."
Former media tycoon Henri Litman asked his mother to hold his hand, "Fortunately, the family name and logo have been preserved..." He pointed to the ubiquitous Litman Media words and company logos at the reception,
"Father should be happy in heaven. Litman Media will be a listed company tomorrow."
The 5% shares he retained in Littman Publishing have been diluted to a negligible amount, but he still enjoys an independent director of Littman Media. Song Ya and Sloan both feel that there is a member of the Littman family on the board of directors. The mascot is better, after all, it follows his family's company name.
Tomorrow's Nasdaq bell ringing ceremony, both mother and son were invited to participate. From the perspective of outsiders who don't know the inside story, he seems to have climbed back from the brink of bankruptcy to the position of a media tycoon. The face of the family is very decent, and he and his mother are satisfied. .
"Let's go over and say hello, keep it up Mam."
The two walked up to Sloan to shake hands with each other, "Are you a little nervous?" Littman saw that Sloan's mood was not as calm as it seemed, and asked with concern.
"Yeah, I'm not getting enough sleep these days."
Sloane forced a smile to socialize.
"You need to take a break from work tomorrow, girl," said Litman's mother.
Sloan shook his head and smiled wryly.
"Good news, Time Warner will subscribe for some of our shares. Just tonight, we will settle this matter before the market." The people from Morgan Stanley came back to announce the good news.
"Huh..." Sloan, who was indeed under tremendous pressure, let out a long sigh of relief.
"There is also the TCI TV network. John Malone's people will come here soon." The KPCB people also came back and added.
"NBC Broadcasting Corporation is also very interested. They are waiting for the fax of that document." The third good news came soon.
"It seems that the media groups that are far behind in the Huaguo market want to free ride, right?"
Litman's fortune has shrunk, but his knowledge of the media industry is still very deep.
"Yes, it looks like we'll need another drink."
Someone called a waiter, and everyone toasted again in a good mood. It didn't take long for people's cheers to be heard everywhere at the reception, and a Wall Street-style carnival party began.
Early the next morning, Times Square, Nasdaq Exchange.
The underwriters have sold out Litman Media shares at the issue price of $10, and each share has reached $13.50 before the call auction, completely smoothing out the negative effects of the advertising ban and making a lot of money.
"It's a pity that the financing scale has still shrunk by 10%. You have to pay more than 10 million yuan in compensation for the gambling terms of the 100 million dollars you got from Wall Street before."
Sloan hid in the bathroom and reported to the big boss while applying concealer to the dark circles under the eyes caused by a stressful night's work.
"Haha, then save some money. It's fine for me to lose that little money. If the stock price goes up, I can make it back. I've already made it, right?" Song Ya's hearty laughter came from the other end of the phone.
"Probably. Wait, is that gunshot over there?"
Sloane hid in the partition and stuffed two pills he had concealed on his body into his mouth.
"It's not... touch!"
'Dang bang bang! '
On time, Litman Media opened at a high price of less than fifteen dollars, and put on professional suits. Shirley Fleming, editor-in-chief of Liga Music Magazine, and Sloan, surrounded by Wall Street people, pressed the button to complete the bell-ringing ceremony of the Nasdaq Exchange that day.
880 million is the market value of Litman Media at this moment, and Song Ya owns 42% of it through various channels.
This also means that the previous gambling agreement signed with Litman Media will take effect, and Littman Media will use the financing cash obtained to acquire the company founded by Ovitz.
"The combination of media and new media, especially the Internet, is the future development trend. I think the MSNBC model of Microsoft and NBC is on the right path. We will be a company with publishing houses, TV, related print media and websites. New Media Group of..."
Song Ya has always been very generous in this regard. After receiving the reward option, Sloan, who instantly turned into a multi-millionaire woman, began to give the latest speech to the capital market as the CEO of a listed company. Behind her was the stock price digital ticker that was still jumping up.
'Boom! '
A tennis ball accurately hit her eye-catching red lips on the TV screen, "It's time to start." Little Bronfman put down the microphone.
"Well……"
Doug Morris cleared his throat, and said to the reporters who came to Universal Music's press conference: "I am honored to announce that Universal Music and Sony Columbia Records will reach a strategic partnership in the field of digital music copyright. It's called 'Duet', the Union of Duets."
"Digital copyright? How and in what way will your cooperation be carried out?" A reporter asked.
"We have reached an acquisition intention with Quanmusic.com. While this website continues to be the world's best and most extensive recording industry database, it will successively launch genuine records from Universal and Sony Columbia Music copyright libraries, providing Buy it for fans," Doug Morris replied.
"Now that people can buy legal music online in the future, how will you deal with Internet users' private distribution of songs?" another reporter asked.
"Our attitude is consistent, we will severely crack down on this kind of behavior, and we will not hesitate to resort to legal action."
"Such as the previous advertising ban?"
"The ad ban is just one tool, and because it hasn't worked out as we hoped, we'll soon be using tougher measures and pushing for the Digital Millennium Act, a Digital Millennium Act that satisfies the recording, publishing and film industries. "
"Severe? You mean?"
"For some websites that still do not restrain relevant behavior after the advertising ban, we will take it to court."
"for example……"
"America Music website, if you log on to this website, you will find that piracy is quite rampant, which the record industry cannot tolerate." Doug Morris named it.
"Is this the only website? Other online music communities..."
Doug Morris interrupted the reporter, "Yes, there is only this website for the time being, and we hope to get a good case first."
"So you picked a weaker opponent?"
"Our legal team will have relevant answers to questions about litigation strategies later."
"Ms. Sloan, Ms. Sloane!?"
The capital market reacted quickly. Sloan had just returned to the hotel to catch up on sleep, and was woken up by his subordinates within a few minutes of falling asleep, and rushed back to the exchange.
Following the flash news on Bloomberg, Litman Media's stock price suddenly turned around and fell.
"Damn it, Universal Music is dealing with the business of its leading male singer! On the day we went public, some TV networks and Internet giants expressed their support and blessings!?"
No matter how calm Sloan was, she couldn't calm down. She complained: "Really, is there something I don't know about, such as you sleeping with Bronfman's woman again?"
"What the hell..."
Song Ya yawned and pushed away a bunch of bad cards, "I won't play anymore, let's do it next time."
"What should I do now? I just asked the company's spokesperson to issue a statement, and we will take legal action. Users sharing songs privately on the Internet are still in a legal blind spot."
Sloan said.
"Well done, anyway we have only one way to see the trick. Right?" Song Ya asked.
"We're going to stand alone in the front, and we're going to fight two record industry giants, no, it's probably three, plus Polygram, which Bronfman is pursuing. The stock price has dropped fifteen dollars!"
Sloan stuffed the pill into his mouth again: "Although YAHOO and AOL will not be happy to see each other get a good case, it is inconvenient for everyone to stand up and support us in sharing pirated music, and now the competitor's music website has got it. A huge amount of financial support."
"Don't be obsessed with the gains and losses of the stock price for a while, Sloan, we have successfully listed, and we have succeeded."
Song Ya reminded her, "Run the company well and don't make Netscape's mistakes again."
"But... well, you're right, but what else can we offer?" Sloan was still not reconciled as he watched the stock price heading towards the opening price.
"Let's think about it, um... I'll give you a call from Daniel Glass. The alliance between Universal and KM Films is very close to winning the film adaptation rights of 'Cold Mountain'. He needs your help." Song Ya replied.
"It's two different things. I'm very busy now. Can Daniel talk about it tomorrow?"
Litman Media's legal team walked in, and Sloan raised his hand to signal them to wait.
"Right now, he might be able to bring you a benefit." Song Ya hung up the phone.
"They kind of panicked and just had the legal counsel make a very passive statement."
At noon, after the press conference, Doug Morris walked into the office of the boss Bronfman Jr. and reported: "The current stock price has almost fallen to the opening price of $13.50."
"How? It's easy, isn't it?"
Little Bronfman smiled calmly, "You said..."
"Yes, I publicly criticized APLUS, saying that as a singer under Universal and a member of the record industry, he invested in a website that condoned piracy. I believe that soon some people in the record industry and Hollywood will speak out and criticize him. This time Our attack target is very clear, and everyone can see who they should follow in the future." Doug Morris replied.
"Well, I like APLUS, we want to save him back to the right path." Little Bronfman nodded, "For his own good."
"My fault, I was too lenient with him before." Doug Morris took the blame.
"Boss, we are close to winning Cold Mountain. If it goes well, we can sign the contract in the afternoon." Universal Pictures President Ron Meyer also called to announce the good news at this time, "I publicly scolded APLUS haha, to be honest, I I have endured this kid for a long time, and I wanted to scold him the last time he got involved with Ovitz. At that time, Catherine, Mr. and Mrs. Geffen were with me, and they also tactfully accused APLUS."
"Euphemism, hehe...Don't be like this Ron, focus on saving." Little Bronfman laughed.
"Yes, save, I was really angry, my fault. Daniel Glass, the former president of SBK Records, the president of Sony Columbia Records, and the chairman of the RIAA Copyright Dispute Committee, is not pretending. He is from the APLUS gang. He ran to We're jumping up and down in Hollywood, competing for Cold Mountain...they've teamed up and made Sony Columbia Records a mess, but Universal isn't Sony, they're not used to them here!" said Ron Meyer.
"Really? I've seen something wrong with that guy."
"He was also a close friend of Doug Morris."
"uh-huh?"
Little Bronfman glanced at Doug Morris in front of him, "Okay, that's it? Anyway, I'll wait for your good news before the market closes?"
"I will do my best!"
"Have you called Daniel? Just try your best, Sloan, you and I haven't failed much together, haha? We are the perfect partner."
Song Ya, who lives on the other side of the ocean, also began to receive bombardment calls. Most of them were told by Yeremov and other Hollywood people who suddenly scolded him. The American music website was singled out by Universal to show the public. Smell the wind.
"Like being shot?" Sloan asked.
"Uh, that has nothing to do with you. Anyway, I'm going to turn off the phone. It's late at night and I'm too sleepy."
"Hehe, you seem to enjoy your life there."
"I'll be back tomorrow, and I'll talk about it then."
"Okay, good night."
"Don't tire yourself out too much."
Sloan stared blankly at the phone that was ringing with a busy tone, and then took care of himself in the mirror. Still maintaining his strong-woman look, he walked outside the exchange and held an impromptu press conference with the ticker as the background. .
"Wall Street Journal, Ms. Sloan, what do you think of Universal's lawsuit announcement today?"
"We have just received the news, and we will conduct relevant research and judgment before giving relevant countermeasures. This will take time."
"Universal President Doug Morris believes that your company's websites are condoning online music piracy on a large scale."
"We oppose all piracy. As for files uploaded by users... the legal issues involved are very complicated, and we cannot give a clear answer. I believe that the new Digital Millennium Act will give us guidance, but before that day... "
"So you still don't delete the data like MP3 sites do?"
"The Littman Media legal team will guide the company's actions, next."
The wind in Times Square is a bit strong today, and Sloan needs to brush the hair that is blown out of his face from time to time.
"BusinessWeek, Ms. Sloan, what do you think of American Music's rival AllMusic.com getting support from two record industry giants?"
"We welcome competition and are not afraid of competition."
"Does Mr. APLUS know about the American music website? Do you support it?"
"You can ask him about this. He is currently only one of Litman Media's investors."
"As far as I know, he personally and his companies own Litman Media's..."
"Sorry, I don't have time to talk about these issues at today's temporary press conference, next one."
"Financial Times, today there are many voices accusing APLUS, as a member of the recording industry..."
"He's one of the best singers in the world, America Music is the best music community in the world, and I think he's achieved his dream. Next."
"The Hollywood Reporter, APLUS and Mariah Carey in East Room..."
"NEXT!" Sloan's voice became high-pitched, and the reporters laughed.
"It's still the Wall Street Journal. Regarding the joint venture TV station between your company and Huaguo, can you disclose some specific progress?"
"We are actively communicating and will report relevant progress, but I want to remind you that it is the most potential market in the world, and it is also applicable to the media industry. We are the pioneers and have already led the vast majority of American counterparts..."
"Talk about your acquisition with us?"
"The acquisition negotiation has already been completed, and it will be automatically executed after Litman Media goes public as scheduled, so yes, we already own the TV station."
"What's your vision for it, Ms. Sloan, you have two twenty-four-hour news stations now, which is too much."
"We really need to make some adjustments. Simply put, we will keep one, and A+CN will turn to integrated channels for development."
"Do you have any other acquisition plans?"
"We are negotiating with Grove Publishing, a joint venture, and using the technical capabilities of the American music website to help them establish a dedicated station, the initial planning is limited to the crime, mystery and thriller literature. CrimeReads, it will probably be called this name. If the final result satisfies both parties, we will conduct in-depth cooperation.”
"We hadn't heard before..."
"Just reached a preliminary intention, this is our attempt to transform from music to pure literature, another professional subdivision of the Internet."
Meanwhile, in Los Angeles, Ron Meyer angrily confronted negotiating partner Charles Fraser, Atlantic and Cold Mountain author: "I don't think there's a problem between us anymore. It's you, or you..." He looked at him.
"I'm fine." Charles Fraser raised his hands in surrender to the Hollywood bigwigs in front of him.
"I have no problem, but I can't help it. The parent company seems to have some new ideas, and we need to wait to make a decision." The Atlantic Monthly said.
"Your parent company is..."
"Grove Press."
Chicago 1990