Chapter 1308 The Media Emperor is on the wane

Sumner. Lei Shidong, someone nicknamed him the Media Emperor.

His life is full of legends. Born poor, he had to work the battlefield, and he even had the title of World War II hero after participating in World War II. After World War II, he devoted himself to the field of media and began to work hard in this field. From starting a business at the age of 30 to almost 60 years old. His life was unremarkable, and the company he worked hard to run was not moving at all. Judging from this trend, even if he dies, it is impossible for him to reach the level of a media emperor. But when he was fifty-eight years old, a fire changed everything.

He was severely burned and almost died. But he did not collapse because of this, but took this as an opportunity for his life to change. That is, from the age of sixty, he began his life of miracles.

At the age of sixty-three, he sold his property and acquired Viacom, which was not famous at the time, and grew Viacom until he bought Paramount at the age of seventy. Then came the seventy-six-year-old acquisition of the CBS television network for $46 billion. Until now, Viacom has become the world's top media company in his hands, and he himself has become a well-deserved legendary tycoon in the entire media industry.

Such a special experience naturally brought him great prestige, and he is known as the media emperor, and he has always been the only one in this company created by himself. Even now, when he is old and has relegated to the background, he still has that confidence. He thinks that if he says so, shareholders will respond to his actions. But alas, things are not what he thinks.

Almost as soon as he made a statement, some shareholders began to sing against him.

"Mr. Lei Shidong, I think you need to know. We've been down significantly throughout the last year. We've been in a downturn in the stock market, and we even said that our stock price fell by 25 percent before the shareholder turmoil. You should know very well what this means. And now, the turmoil in the stock market is intensifying, and our losses are widening. If we don't accept such a premium acquisition at this time to make up for the losses of our shareholders, how long do you think our shareholders can hold on? ”

"That's not why you're selling the company, sir. You should know that the decline of the company is only temporary, and the whole world is affected because of the turmoil. We'll recover, and by that time, we'll have enough to cover your losses today. All you have to do is wait, that's all. ”

The voice of the shareholders cannot be ignored, but this does not mean that he will change his mind because of them. As a man known as the emperor, Lei Shidong's conceit in his heart is naturally far beyond ordinary people. So he almost immediately retorted, and even said that he was almost using a strong tone to oppress these so-called shareholders.

He thought he could do that, and as long as his attitude was tough enough, it would be absolutely impossible for these shareholders to ignore their opinions. It's just a pity that this idea worked in the past is completely unfeasible today.

Viacom has grown to this day, and even if he is the founder, it is impossible to completely control such a large group. He has a lot of shares, but it is absolutely impossible to decide the fate of the whole group beyond the other shareholders, and at this time, once some shareholders have begun to make their attitudes clear, his words will no longer have the weight of the past.

"Wait, Mr. Lei Shidong. We don't have time to wait. Our losses have been so great that even our assets have been affected. Rather than wasting time waiting for no future, we'd rather close the deal now. At the very least, we can make up for our losses, and maybe even make a small profit. ”

Someone said something like that, and naturally, someone followed. That's not one or two people saying that, it's a lot of people saying it. And when these people come together, the power they represent is enough to determine the future of the entire Viacom Group.

This is something that Lei Shidong never thought of, he never thought that he would get such a complete betrayal at this time. This filled his heart with anger, and his sanity was hit with a powerful shock.

At this time, he really wanted to scold these shareholders who disobeyed him, but reason told him that he must not do this.

Doing so will only push these shareholders to the opposite side completely, and once they are completely on the opposite side, then they will be even more powerless. At this time, he must have the support of the majority of the shareholders, and in order to get such support, he must promise them an absolutely achievable benefit, as he has done before.

This was not a problem in the past, because the world was a gold mine in the past, and a big capitalist like him could dig up a large piece of gold with just a wave of a pickaxe. But now, the United States has become like this, and the vast majority of companies can only protect themselves. Of course, he couldn't have done what he had done in the past.

At this time, he could only promise a blank check. And can a blank check impress these cunning guys? He didn't have to think about it to know the answer.

Could it be that the hard work that I have worked hard all my life to create will fall into the hands of others like this? As soon as this thought rose in his heart, it already sent chills through his whole heart. He must not let things become like this, he must not let his hard work fall into the hands of others. He had to stop this, he had to stop this horrible thing.

But what exactly should he do? Lei Shidong, who is already in his eighties, is already an old man after all, his energy is not as good as before, and his brain is not as active as before. At such a time, he couldn't even think of a reasonable way to break the game. However, he is the media emperor after all, and he is the legend after all. Even if his brain is no longer enough, his experience and experience are enough to show him the way.

There is a saying that the bell must be tied to the bell. He knew that his current predicament on the board was entirely caused by the shareholders who were going against her. So if you want to open up the situation, I'm afraid you still have to exert force from these people. That shareholder, the guy who represented the consortium that had invested in Viacom, was what he needed to work towards.

Knowing this in his heart, he couldn't care about those hypocritical things at this time, he almost made it clear that he was in tune with him, and said to the guy who had been going against him.

"Sir, I don't know what you or those behind you think. But what I'm telling you is, don't fool me for a fool. Yes, the current situation in the United States is very bad, but a guy like you, who is worth hundreds of millions, will never reach the point of going bankrupt because of such a little turmoil. It's not a reason for you to fool me, or an excuse for betraying Viacom. What do you want, tell me, as long as I can afford it, I'll pay it for the preservation of Viacom. ”

"Protect Viacom? Mr. Lei Shidong, don't you understand? We're doing this to make Viacom better. ”

With a meaningful smile on his face, the shareholder who had been disagreeing said so.

"The center of the world is no longer the United States. Whether we admit it or not, this will not change. And Viacom, as an American company, has most of its market built almost entirely on the United States. This was the foundation of his success in the past. But for now, all this will only be a drag on Viacom. If Viacom wants to develop, the best way is to open up the mainland market on the other side of the ocean. Of course, you and I both know that we can't do this alone. That market dictates his limits. If you want to open up there, you have to have a special opportunity. And now, this special opportunity is in front of us. So why don't we catch him as much as we can, but turn him away as you say? This is not in line with our interests, and don't forget, we are capitalists, and capitalists should not be enemies of their own interests! ”

An extremely good reason came out of his mouth, but it made Lei Shidong's heart even more angry. He admits that there is some truth to this statement, but it is his business, and it is something that he has created. Its future should not be decided by these so-called capitalists, but by himself. And he couldn't accept such a decision.

"I said, at what cost? I'd rather pay that price than let you dictate Viacom's future. It's mine, and only I have that right. ”

"What, do you think so?" With a sneer on his face, the shareholder said to him with a look of disdain. "I'm sorry, Mr. Lei Shidong. I don't think you can afford that. This is a joint decision of several major consortiums, and we hope to take this opportunity to open the door to that country. You are lucky to have been chosen. Of course, if you are not willing to accept this kind of luck, then I can only say that it will be your misfortune. ”

"The shareholders here are a witness. You can ask them, are they willing to support you and stay on this broken ship that keeps them losing profits? Or would you like to work with our consortium to open up a new century together? ”