Back To 1995

   Chapter 838 Accusation

   "It's Edgar Bronfman Jr.!"

   Irene whispered in Song Yang's ear, the little Edgar was recognized in the hall, and America, the most famous second-generation son, had to be in the minority.

   Song Yang looked at the card with great interest, and seemed to want to suppress Immelt's limelight and become the protagonist of the banquet. Just like Song Yang, there were not a few people who showed the same expression of watching the show.

   There are many rumors about Edgar Bronfman. Since he took over the Bronfman Group, he has repeatedly made "amazing" decisions and made big acquisitions.

In addition to the acquisition of Universal Pictures, Universal Music, and the acquisition of Polygram for $10 billion, the most talked about is that he had to make some other decisions, such as selling Universal Pictures' cable TV station for $1.5 billion. , You must know these years, but the golden age of cable TV stations, when Comcast TV network merged with ICQ, what was the price? The Telephone and Telegraph Group asked John Malone to get TCI TV network, quoting 55 billion US dollars...

   Even if Universal Pictures' cable TV network is no match for Comcast TV network and TCI, but the selling price of 1.5 billion US dollars, no matter how you think about it, it is a bit of a meal!

If the sale of Universal Pictures’ TV network was just an appetizer, then Edgar Jr. sold the old Bronfman, worked hard for many years, and then exchanged the DuPont stock worth 8.8 billion US dollars. Two years later, DuPont The stock price has skyrocketed, and the value of this equity has come to 16 billion US dollars!

Last year, little Edgar set up the world's largest record group, acquired Polygram for $10.6 billion, and then merged Polygum with Universal Music to form the world's largest record group. After this year's performance was released, it was a mess. .

The **** knows, how did Edgar Bronfman Jr. come up with the idea of ​​spending more than 10 billion dollars to buy an outdated record company. When it was done, it all exploded.

The continuous large-scale acquisitions for several years have made the US knives in the Bronfman Group's account empty for a long time. In addition, the companies they bought are not making money, or they have suffered huge losses. Finances are now in jeopardy, and even if Immelt does not throw an olive branch to the Bronfman Group, it will have to find other big money owners!

The plight of the Bronfman Group has already been reported by the media. From the stock price of the beverage company under the Bronfman Group, which has been falling for several years, we can see the way. You must know that in the old Bronfman era, Bronfman The annual return on the stock of the Man Group’s beverage company exceeded 29%. Although it couldn’t compare to Maoxiang Technology, it killed a number of technology companies in seconds. In the hands of Little Edgar, the stock price kept falling.

   But the brand has not fallen, Edgar Bronfman Jr. still maintains the style of his wealthy family and big people. He travels with many motorcades and many entourages.

When he got out of the car, he saw many media and people in the hotel, all of them looked at him, as if waiting for his arrival. Edgar Bronfman Jr. seemed quite satisfied with this situation, feeling that it was him. due treatment!

In the banquet hall, the eyes of many people turned to Immelt, wanting to see how the head of the empire, who used to be known as "elegant and easy-going", would treat little Edgar. Brother boy.

Seeing Edgar Bronfman Jr., who attracted the attention of the audience, Immelt's eyes flashed with a shadow and a touch of disgust. It took decades to climb to where he is today. Song Yang, a first-generation head, can make Immelt have some respect, and what kind of respect can he have for a second-generation prodigal like Edgar.

   Feeling the gazes from everyone, Immelt showed a smile on his face, handed the champagne to the waiter, walked to the entrance of the hall with a smile on his face, and went to greet Little Edgar Bronfman himself!

Irene, who was standing outside the crowd, saw all of this in her eyes. She was aware of Immelt's forbearance, but she was more vigilant about Immelt, and she was able to endure what ordinary people couldn't. Forbearance, when he starts, he must be much more ruthless than others!

   "Edgar, my brother, you are welcome!"

In front of everyone, Immelt opened his arms and hugged little Edgar, looking very warm, "Please do me, and the board of General Electric, say hello to your father, he is the most respectable person. !"

  Old Edgar not only got a huge value for the Bronfman family, but also made the Bronfman family a representative family among the Jewish people, and has a huge influence among the Jewish people.

Little Edgar Bronfman's attitude towards Immelt is very useful. Little Edgar is arrogant and a little narcissistic, but he also knows that Immelt in front of him is the real America. One of the biggest figures in the world, his status and influence are much higher than him. Immelt's attitude towards him is enough to represent his respect for him and the entire Bronfman family.

   "My father also told me that President Immelt is the best professional manager in the world. Only under the leadership of President Immelt can GE leap to new heights!"

   When little Edgar Bronfman did not lose his temper, he was well educated since he was a child, and he showed the demeanor of a noble man when he accepted people.

   Seeing Immelt and Little Edgar who were having a good conversation, many people in the banquet hall who were waiting to watch the excitement and not take it too seriously were a little disappointed.

Edgar Bronfman Jr. suddenly appeared here today, and it also made many people on Wall Street whisper. Immelt just raised more than 30 billion dollars in cash, and the Bronfman Group is here again today. Thinking about it, GE or ICQ, is it, want to start with the Bronfman Group.

After Immelt's opening speech, today's banquet officially started. Immelt and Edgar Bronfman Jr were surrounded by the largest crowd. As for Song Yang, they were with Irene. In the corner, there was a look of no interest in socializing. The people present today are all people with status and status, and they will not make fun of themselves.

   "This is Song, President Irene!"

   "Song, this is the President Edgar Bronfman I mentioned to you..."

   After chatting with many people, Immelt, who smelled of alcohol, brought little Edgar to Song Yang and introduced them to both sides.

Following Immelt here, little Edgar Bronfman first gave Erin a gentleman's gift, "President Erin, I have been famous for a long time, and you have created an Internet miracle. !"

When he turned his head and looked at Song Yang, little Edgar Bronfman did not shake hands with Song Yang for the first time, but looked at Song Yang with a "scrutiny" gaze, and then the first sentence , The words were astonishing, and Song Yang and Immelt couldn't help but be taken aback.

   "Song, I've heard your name countless times, but I have to say, I don't like some of the things you do!"

Edgar Bronfman Jr. made no secret of his thoughts, or when facing Song Yang, he thought he didn't need to think about those. ICQ's acquisition of the Bronfman Group seemed to him that the Bronfman Group took the initiative. on that side? !

  I can't guess the mind of this prodigal son. Song Yang doesn't know where he offended her, but after his words, Song Yang was taken aback for a moment, and then he couldn't help but say, "Then I can only express regret!"

At this time, Immelt was also a little uncertain about the brain circuit of little Edgar. He dared to say this to Song Yang. Immelt did not know how many people in America dared to do this. For fun, even if he and other people in the banquet hall were dissatisfied with Song Yang, he would not dare to open fire like this.

   "Edgar, I don't know what happened, but..." Immelt said to little Edgar with a headache.

  Simply, Edgar Bronfman Jr. was not ready to go around in circles, "Saipan Music Store is the Internet company I don't want to see this year. It has ruined the entire record industry!"

Speaking of this, Little Edgar seems to be very resentful. Since he entered the record industry and showed his skills, the record industry has been turbulent. First, music websites such as Scour and Napster have disturbed the record industry. The music platform of the store appeared, and it began to compete with the five major record groups for users and the market.

Little Edgar tried his best to create the world's largest record group. Before he could show his strength, he lost a lot of money all the way. He believes that the current situation of the record industry is caused by Song Yang, even if it is not the case, But it is also inseparable from Song Yang!

   (end of this chapter)