America: My Time
Chapter 75 Preparation
Chapter 75 Preparation
Chapter Seventy-Five Preparations
It's true that Morgan is a Wall Street giant, but Wall Street is not just Morgan. If those greedy people didn't have powerful connections and dare to say such foolish things, they would have been kicked out of Morgan long ago, instead of remaining there as a cancer!
Morgan Stanley had already analyzed the market capitalization of Dreamworld, and they had differing opinions. Some believed that $100 million was the highest valuation, since Dreamworld had no factories or manufacturing facilities, only a research institute. Others thought $1 billion was the appropriate valuation because Dreamworld held monopolistic technology patents. In short, these Wall Street financiers couldn't see the future of software development; they could only speculate.
It's really hard to give an accurate value for Dream World at this point in time. Although personal computers are developing rapidly, they are still far from their peak. The full-scale explosion of the software industry has not yet arrived. Saying it's worth 100 million is correct, saying it's worth 1 billion is also correct. Everyone looks at the problem from a different perspective, so the results will naturally be different.
If they were to use such a market value to raise funds, they would never even consider it; John would never agree. The potential of Dream World is limitless. Once the operating system is completed, the door to Dream World's development will be fully opened, and nothing will be able to stop its progress. The operating system is the key to everything; it is the foundation of Dream World.
Both DreamWorld and Nvidia are currently in the patent accumulation phase. At this time, John has no interest in competing with other companies; all of the company's resources are focused on patent research and development, believing that a head start ensures continued success. At DreamWorld, John has customized numerous R&D plans for them, ranging from upgrading word processing software to database development, operating systems, and graphics processing—all are under development!
The same applies to Nvidia. As long as the R&D projects guided by John are carried out, the company's development will not be a problem. It may take a little longer, but there will definitely be no major mistakes in the direction of the project!
John's aggressive expansion in media and entertainment also intentionally concealed his R&D investments in semiconductors and personal computers, not wanting others to know too much about Nvidia's existence!
Despite his busy schedule, John still managed to have a detailed conversation with Robert Iger, discussing the development and integration of Legendary Entertainment. John seemed to place great importance on Vanity Fair, a long-established magazine, which required a capable editor-in-chief!
“Iger, Legendary Entertainment’s development has taken a slight turn for the worse. Morgan is willing to help us acquire Universal and NBC, and will purge the top executives of both companies before the acquisition. Therefore, we need to change some of our previous plans. We will put the cooperation with Universal on hold for now, focus on integrating our existing resources, take control of everything by early next year, and be ready to take over these two companies!”
"Boss, are you telling the truth? Morgan can really do all this?"
"Yes, that's all true, and I agree with their suggestion. We don't need to worry about the funding; I'll contact the Japanese bank and use leverage for the acquisition. The key is timing. This acquisition can't be known to the outside world too early. Now, the question is whether you can take on this responsibility and handle this acquisition?"
While Legendary Entertainment was already quite good, it was still far from being a top industry giant. After acquiring Universal and NBC, Legendary Entertainment will directly become an industry giant, which is indeed a huge challenge for Robert Iger!
"Yes, I can take on this responsibility, and I will definitely not let the boss down!"
"Good, it's good that you have that kind of confidence. Although Vanity Fair is a magazine, we can't limit it to just a magazine. We need to leverage its greater power. Do you have a target in mind for the editor-in-chief?"
“Boss, I think Tina Brown is a good candidate, very capable. In Vanity Fair’s original reboot plan, they intended to hire her as editor-in-chief!” “Tina Brown, I know her, she is indeed capable, but she’s not a good fit for us. She’s British, a bit rigid, lacking flexibility, and unable to adapt quickly to different times, places, and trends. She just sticks to her own ideas, stubbornly refusing to change, and is extremely perfectionistic. That’s not suitable for us! Are there any alternatives? We can’t only have this one option!”
“We have another candidate, his name is Grayton Carter, but he has never been a magazine editor-in-chief before, so he lacks experience!”
"Whether or not someone has experience as a magazine editor is not important. What we need are capable people. In our plan, we will invest the group's resources to accelerate the growth of Vanity Fair. Once we acquire Universal, we can leverage the power of the Oscars. The Oscars are one of the most watched events. If we hold a grand banquet in the name of Vanity Fair after the Oscars ceremony and invite the nominated and winning stars, directors, and producers to attend, what do you think the result will be!"
"Boss, your idea is insane! With the reputation of the Oscars, it will directly make Vanity Fair a trendsetter and a landmark that everyone pays attention to! But the premise is that we can acquire Universal. Only with the prestige of Hollywood giants can we do this. Otherwise, it's all just wishful thinking!"
“I understand, that’s why I said Tina Brown isn’t a good fit for us. She’s not American and doesn’t understand the American entertainment industry well enough. What we need is a real American editor-in-chief, an editor who understands the rules of the entertainment industry. That way, we can better communicate with the other companies in Legendary Entertainment and leverage the grand event to strengthen ourselves. After all, Vanity Fair is also a new addition to the Legendary Entertainment Group. In short, you need to accelerate the internal integration now. We don’t have much time left. With Morgan’s reputation, they won’t let this acquisition go wrong, and there can’t be any unexpected events!”
Upon hearing John's words, Robert Iger nodded solemnly and said, "That's right. With Morgan's reputation, they certainly won't allow any surprises to happen. If they break their promise to us, they will lose the very foundation of Morgan's standing on Wall Street. Reputation is of paramount importance to them!"
For Wall Street giants, losing credibility means losing everything. If they can't even deliver on their own proposals, what right do they have to stand on Wall Street? Moreover, there are huge interests behind this deal. Even if it comes at a great cost, Morgan will definitely complete everything on time!
When Morgan made his suggestion to John, it was a contract. John accepted, and they had to fulfill it, or they would be breaking their promise. Moreover, John had too many benefits they wanted. Under these circumstances, no matter what unexpected things happened, Morgan would do his best to smooth things over and absolutely not let it affect the acquisition and purge of Universal and NBC television networks. Anyone who stood in his way was Morgan's enemy and would die. There was no other possibility!
“That’s right, Morgan will handle everything. Before they do, you need to complete the integration of Legendary Entertainment, bringing all the forces together and waiting for the next round of integration. If you don’t integrate all the forces of Legendary Entertainment before Morgan fulfills his promises to us, you will be under even more pressure!”
Robert Iger nodded and said, "Boss, I understand!" At this moment, Robert Iger greatly admired his boss's wisdom; everything was under his control.
"Good that you understand. After the acquisition, Universal will have to split it up. That's very clear. You need to be mentally prepared and ready to act immediately after taking over, without giving Universal time to react. For Universal Pictures, only retain the film production, Universal Studios, and theater shares. Everything else will be split up and merged with other related companies in the group. Only by focusing on operating the film industry can we reverse Universal's current embarrassing situation and revitalize Universal Pictures!"
This requirement put some pressure on Robert Iger, requiring a lot of preparation. He also understood that it was an inevitable move; failing to break up Universal would cause even greater trouble for the group! However, this meant that Legendary Entertainment's related companies would need to invest heavily in preparation, which would certainly cause some chaos!
John understood the pressure Robert Iger was under, so he smiled calmly and said, "We don't pursue short-term profits. Even if Legendary Entertainment experiences some chaos, it's not a big deal. Don't put too much pressure on yourself! However, management needs you to be prepared. We are taking over a company whose top management has been purged!"
In short, John dumped all the pressure from Legendary Entertainment onto Robert Iger. Of course, this was also the responsibility of being Legendary Entertainment's CEO, but the pressure came on incredibly hard. Challenges breed motivation, and no one can resist the allure—it was an opportunity to leap to the top and reach the pinnacle of the industry!
"Boss, this is putting a lot of pressure on us!"
"Pressure is what brings out your abilities, and only in this way can you gain everyone's recognition. This is a challenge you must face!"
(End of this chapter)
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