Reinventing the Millennium.

Chapter 975 As long as you are brave (4k)

Fang Zhuo returned to New York from Washington, and the report by trainee reporter Eve had not yet been published in the Washington Post.

But her personal twitter has been happy to post the dynamic.

"I am very grateful to Mr. Fang for accepting my exclusive interview. Mr. Fang is a good man."

Just like China's Weibo started to shine with the debut of smart phones, Twitter is now one of the latest online platforms because of the release of smart phones from brands such as Yike, Apple, Samsung, and Nokia.

Eve is very keen on Twitter, a new medium, and has accumulated a lot of fans.

But as soon as her twitter was released, it immediately became the content with the highest number of likes. Many people are waiting for the next day's "Washington Post", wanting to see Yike, who has been involved in public opinion turmoil with Nokia in recent days. What kind of official response.

As for Fang Zhuo, who returned to New York, he was also thinking about the public opinion this time.

In fact, it’s okay for Kallasvuo to speak up frequently. In the past, he didn’t need to pay much attention to it. In the end, he still relied on the product and the market to speak.

Brother Wang's Shenxin Kechuang is a wind vane, but the wind vane also needs wind.

With a light breeze, Shenxin Kechuang suddenly sold all the stocks, which is not good for Brother Wang.

There is also Xiangjiang's Huanyu Capital, Fang Zhuo and there have always been respectful to each other, and there is really no more familiar contact, but the impression in my heart is that the other party is quite calm.

This kind of calmness requires more urging.

Back in New York at night, the head of Yike briefly informed the president of the United States about the interview. The next day, before the news from the "Washington Post", Stringer, the head of Sony, called.

Different from Fang Zhuo's visit to Sony in the past, this time Stringer took the initiative to visit Mr. Fang.

Since Stringer took charge of Sony, he has laid off employees, cut projects, reorganized the board of directors, and set new standards, allowing the company to have a good two years and successfully turn losses into profits, but soon encountered financial turmoil, and fell into it again in 08. loss.

This loss is still huge!
Employees have been laying off and projects have been cut. Even if the scale continues to increase, it seems that it is difficult to reverse the decline in the report.

At such a juncture, Stringer thought of his good friend again, and hurried over after learning that he was in New York through the phone.

Fang Zhuo respected the head of Sony very much, and after a while of pleasantries, he heard the real intention of coming.

"Mr. Fang, are you interested in Sony Music's shares?" Stringer sat in the CEO's office in New York and talked about his thoughts.

"Didn't Sony just take the shares from Bertelsmann last year?" Fang Zhuo laughed.

It was originally a joint venture record company between the German giant Bertelsmann and Sony, in which Yike held 5% of the shares, but the former has always had the idea of ​​selling shares, and finally was bought by Sony for 8 billion US dollars in August last year. 12% of the shares, the company The name is also more Sony Music.

At first, Fang Zhuo considered taking too much of Bertelsmann's shares, but Sony made a firm move, and its future prospects must have been declining, so he gave up.

Unexpectedly, only 5 months later, the old jazz took the initiative to find him.

"The general environment is not good." Stringer sighed.

Although there were some situations in August last year, who knew it would be so bad in the future?
Therefore, Stringer made a decision at the time, thinking that the advantages of acquiring Bertelsmann's shares still outweighed the disadvantages.

As a result, there were discordant voices within Sony after the financial turmoil.

Even though Stringer is cultivating factions, even though he has reorganized the board of directors, Sony is a company rooted in Japan after all, and he has always been under a lot of pressure.

"Indeed, it's not your fault." Fang Zhuo has heard similar words many times in the past few months, and his mood has not fluctuated in the slightest. "Then what should we do now? Exchange Sony Music shares for money?"

Sony is losing money!
Why loss?Lack of money!

Don't you get rich if you sell the shares?

Complex issues simplified.

Stringer has experience in this field. He once exchanged the shares of Android company for a fund to improve the financial report. This time, he easily thought of regular customers.

However, he felt that Mr. Fang's tone was a bit disrespectful to him.

The old jazz said slowly: "No, Mr. Fang, what I mean is that the trend of the recording industry is declining. Under such circumstances, Sony Music needs to introduce new strategic partners in order to have better development."

Fang Zhuo reminded: "Sir, we are already strategic partners."

Yike's iMusic works best with Sony Music.

Stringer corrected: "It is to increase strategic cooperation with partners."

Fang Zhuo nodded and asked directly, "How much does it cost?"

Stringer was silent for a while: "25% of the shares, 4.8 million US dollars."

Fang Zhuo made a calculation in his heart, [-]% off, the discount is not too high.

He shook his head: "Sir, Yi Ke doesn't have much money right now."

Stringer took a sip of tea and said, "Eco has made many small acquisitions recently..."

Fang Zhuo admitted: "You also said it was small."

Stringer had to be straightforward: "I read Yike's financial report, and the net cash flow is still 33.9 billion, and the accounts receivable is 11.87 billion."

He looked at his old friend of the director, his old friend of the rich man, and his old friend of the second best CEO in the world.

Fang Zhuo laughed.

Gone.

Just a haha.

Stringer couldn't wait for a response, feeling so bored.

He said in a deep voice: "Mr. Fang, how about $4 million? Sony Music can help Yike build a better ecosystem."

This is already 6.6% off.

Fang Zhuo put down his teacup, not wanting to treat his old friend cruelly with a businesslike attitude.

He cared: "Sir, what's going on with Sony this year? We're friends, so you can tell me directly, I'm not worried about Sony, I'm just a little worried about you."

Just as Stringer cares about Yike's financial report, he also cares about Sony's financial report. However, Sony's fiscal year 08 financial report has not been released, and it is impossible to see how miserable it is.

Stringer was silent for even longer this time.

It became embarrassing over time.

Fang Zhuo sighed slightly, got up and changed the old jazz's cup of tea again.

Or this action shows temperature, Stringer said an important figure: "Sony lost $10 billion last year."

"Oh." Fang Zhuo nodded, adding concern, "This...how did you lose so much?"

Stringer feels that this answer is not easy to answer. Both the electronics business and the game business continue to lose money. The reasons are very complicated...

He opened his mouth a little restlessly, as if the chairman was accepting the director's ruthless inquiries.

But in the end nothing was said.

Fang Zhuo sat back in his boss chair, thinking about the situation of the old jazz. It was okay, didn't he make money for Sony in 07 and 06?Although it is not enough to spit it out in one year, Stringer cannot be attributed all the responsibility.

"The shares of Sony Music are negotiable." He relaxed, "It was Sony Bertelsmann before, but now it's nothing to be Sony Ike."

Stringer let out a breath slowly, as long as they can discuss it.

"However, Jazz, as you know, Yike itself holds 5% of Sony Music's shares, and the cooperation between the two companies on copyright will not change much because of the increase in shares." Fang Zhuo said seriously , "Besides, Yike has now transformed from a music player company to a mobile phone company, and the importance of the music ecology to us has been greatly reduced."

"We are now competing with Nokia, Samsung, and Apple. At this time, buying a stake in Sony Music cannot enhance this competitiveness."

Fang Zhuo's eyes sparkled.

Stringer heard some meaning and asked, "Ike wants to have more cooperation with Sony mobile phones?"

He is short of money to find money, of course Mr. Fang can also make up for his lack of competitiveness.

The problem is that Sony mobile phones seem to have nothing to offer. Could it be that Mr. Fang still wants to win Sony mobile phones into the Android camp?

However, Sony mobile phones have already negotiated with Microsoft, and they will continue to be equipped with Microsoft WM system in the future.

Different from the shallow Android system, Yike still has to compete with Nokia on patents, and Microsoft, which has a big family and a big business, hardly has such a serious problem.

Stringer was in a dilemma and didn't think he should agree to such a condition.

Fang Zhuo shook his head: "No, Sir, to tell you the truth, don't think that Yike has money in its account, but we still have a lot of follow-up actions. The money is actually not that rich. The music shares can be discussed, but the amount Certainly not like you said."

Seeing the change in the old jazz's face, he explained: "I'm not trying to lower the price. Yike doesn't need so many shares. About 15% can be discussed."

That's a value of more than $2 million.

Stringer nodded silently, not bad.

Fang Zhuo didn't finish his sentence: "However, Yike Company's funds are not abundant, and Ice Core Company is discussing the investment of an international consortium. I wonder if the shares of Sony Sensor Company will be sold?"

Stringer frowned.

Fang Zhuo explained: "If Bingxin can make a breakthrough in this area, I hope to take this opportunity to get more financing from the international consortium."

Sounds like the same thing, ice cores need more names.

Stringer hesitated a little, the Sony sensor was spun off from Sony, and has cooperated with Bingxin in a production line in China Shencheng, and the effect is quite good.

In the past, Sony’s CMOS sensor lagged behind Canon’s. Driven by the Yike smart phone, the sensor technology iteration is very good, and now it has overtaken Canon, occupying the first market share.

He has realized the value of the Sony sensor, which is good now and will definitely be better in the future.

Stringer put down his teacup, and said in a non-exaggerated way: "Boss Fang, you are really accurate."

To his surprise, the head of Yike on the opposite side directly admitted: "Sir, to be honest, I am very optimistic about the prospects of Sony sensors."

"But that's not the point. International consortiums are not fools. They won't invest in worthless things."

"Ice Core does not seek control of Sony Sensors, but only to further enhance its technical capabilities and business scope, making it look more than just a foundry company."

"Before I flew to the United States, Ice Core's shareholders and investors approached me to talk about Ice Core's listing plan."

"If Bingxin wants to have a higher valuation, it must change the market's perception of it. This is the big money."

Fang Zhuo spoke eloquently, digging his heart out.

Stringer fell into deep thought, Mr. Fang is indeed the kind of person who makes a lot of money.

At this time, Fang Zhuo said: "Except for Yike's acquisition of Sony Music for US$2 million, Ice Core can make up half of the remaining shortfall."

Half of 8 million is 4 million.

If it can be negotiated, Sony's fiscal year net loss of US$10 billion will only be US$4 million.

A loss of 10 billion and 4 million sounds like two feelings.

After all, the impact of the financial turmoil last year was too great, and losses are normal.

Stringer is very hesitant. The local forces in the Sony sensor area are the most influential, which can easily arouse even greater opposition.

Fang Zhuo looked at his words and said: "This still can't make up for the shortfall. Let's do it. Yike squeezes out another 1 million, and Bingxin finds a consortium to raise 2 million more. There is still a loss of 1 million. You can find a way by yourself. Whether or not Sony will lose money this time depends entirely on the Jazz."

Stringer let out a long breath, Yike's extra 1 million is nothing, Sony Music is going to sell shares, this ice core is 2 million more, and the share sold by the sensor subsidiary is even more.

He has already made a decision, and nodded slightly: "It is precisely because of the cooperation between the sensor and Yike that our technology can develop rapidly and surpass Canon. I think such cooperation is worth going deeper."

As long as you are brave, you can bring home the profits!
Fang Zhuo asked with concern: "Sir, when will Sony's financial report be released?"

"March at the latest," Stringer said.

"Then we have to speed up the time." Fang Zhuo continued to be concerned, "Will the Sony sensor go well?"

Stringer assured: "No problem."

But it's just a matter of increasing cooperation with partners.

Fang Zhuo nodded and comforted, "That's good. I am willing to join hands with the Jazz. However, I also have to say that Sony must speed up the pace of reform. This year, Sony Ericsson's mobile phone may be more focused on Android."

Stringer was noncommittal: "I'll look at the direction of this, but the most important thing is to complete our music and sensor cooperation."

Fang Zhuo hesitated to speak, forget it, just continue to support the Jazz next year.

He never treats his friends badly.

Once the main problem was solved, the chat atmosphere between the two changed, and everyone changed from pragmatic to pragmatic.

Chatting with the world's richest people in this way, when Stringer walked out of Yike's office building, he felt that his steps were much lighter.

That is, myself, who else can fill the company's shortfall so easily?

Although Mr. Fang has a lot of thoughts, he is willing to exert his strength at critical moments.

Stringer believes that in addition to such factors, the powerful board of directors he reorganized can also play a big role now.

The company's decision-making must be accelerated. If Yike loses the patent competition with Nokia, I am afraid that there will be great changes in this talk.

Stringer has come and gone in a hurry, and has gained a lot. He plans to revive Sony Mountain and River after this time.

(End of this chapter)