Chapter 677: 677
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The news that Disney chairman and CEO Michael Eisner had a heart attack and fell into a coma and that Denise entertainment group was about to set up a movie theme park in Europe quickly fermented on Thursday.
although there are only three Disney executives in the scene, some media are directly related to the two things. Michael Eisner is probably suffering from heart disease because he heard that Danny rice is going to build the bad news of Universal Studios in Europe.
During this period of time, because of a series of events, such as Jeffrey carsenberg falling out with Michael Eisner, Disney president Frank wells is about to retire, Vivendi group's acquisition of Disney Company and so on, Disney still gained a lot of media space under the news hot spot of Denise entertainment listing.
Disney's internal turmoil and several years of performance recession have led to the federal media and Wall Street's continuous decline of the Hollywood studio.
's vividi group's intention to buy The Walt Disney Company news was a revelation, which led to a wave of share price rebound. The company's share price began to fall again on Thursday, when Eisner's heart attack and Denis rice Entertainment's European Universal Studios program were exposed.
Of course, the focus of many media and capital is still danilisi entertainment.
Disneyland in Paris is already a disaster like existence. It is not easy for such a theme park to even file for bankruptcy. For the investment of billions of dollars in the early stage and the employment of tens of thousands of employees, this theme park can only survive in continuous losses.
With such a bad case in front of us, is danilisi entertainment going to repeat it?
Danielis entertainment, which has just completed its IPO, is rich and powerful. We all know that, but no matter how much money there is, it can't be used to float away.
However, there are also people on the side of Denise's entertainment.
As mark Belford, vice president of Denise's global operations, said in the article of Hollywood Reporter, the overall scale of the European film market is far larger than that of Japan. The establishment of theme parks in Europe is very conducive to further promoting and deepening the corporate brand of Denise's entertainment.
The potential advertising effect of the theme park entertaining tens of millions of tourists every year is definitely beyond the estimation of the profit and loss of the park itself.
The reason why Disney in Simon's memory can become the leading entertainment giant in Hollywood is that Disneyland all over the world has contributed a lot to the brand value gain of the company, including Disneyland Paris, which has been losing money for decades.
Therefore, Simon has been thinking about similar plans in his mind since the opening of Disneyland in Paris in 1992.
The size of the overall film market is no less than that of the European continent in North America. There must be a theme park under Denise entertainment group. Even after the completion of Disneyland as long-term loss, this matter must also be implemented.
was only planning and completed at the time, Osaka Universal Studios. Simon did not rush to instant success to start two huge theme parks.
Now, the time has come.
Taking this opportunity to let the news out is to kill two birds with one stone to help the hesitant Disney shareholders decide to sell the company.
Universal Studios will take at least one to two years to follow. The Universal Studios in Osaka will be opened. Danireis entertainment can easily transfer the current planning team of Osaka Universal Studios to Europe.
after the exposure of the Hollywood reporter in the morning, danireth entertainment made a more detailed article in the igret portal during the day to explain the necessity of building the Universal Studios in Europe.
However, the market is still the most direct feedback on Denise Entertainment's decision.
On Thursday's trading day, Denise Entertainment's share price began to fall from the beginning of the market. By the end of the afternoon, it had dropped by 2.6%. Its market value had dropped from $117.2 billion to $114.1 billion, and $3 billion had disappeared in one day.
Denise entertainment management didn't respond much to this.
Whether in public or in private, Simon has repeatedly stressed his point of view that the operation of Denise entertainment will not be affected by short-term stock price fluctuations, but will focus on long-term planning.
If there are investors who do not recognize the business philosophy of danilisi entertainment, they can sell their shares.
With the current strength of the westero system, it's easy to privatize the entire danilisi entertainment group.
Disney, on the other hand, is in a mess.
Michael Eisner had woken up in the morning of that day. However, the heart examination results of the Disney leader were not optimistic. Because of the long-time and high-intensity work, Michael Eisner's hereditary heart disease continued to worsen. The examination results showed that the degree of multiple artery occlusion in Eisner's heart had exceeded 98%. If the operation was not carried out as soon as possible, he would not survive Year.
Moreover, because the condition is too serious, the risk of surgery is also very high.
They may even die on the operating table.Reporters gathered outside Mount Sinai Medical Center in Manhattan on the same day got Eisner's heart test results for the first time under Disney's strict guard.
Maybe most people don't quite understand the severity of artery occlusion more than 98%, but we can be sure that in the short term, Michael Eisner will not be able to re preside over Disney's work.
Disney's stock price has been slowly rising because of the news of Vivendi group's acquisition of Disney Company. With the spread of the bad news of Eisner's illness, Disney's stock price also fell 3.3% on Thursday, and its market value fell from $6.9 billion to $6.6 billion.
In the evening, Disney finally held a news conference to inform Michael Eisner of his illness, and then announced that the management of Disney company would be temporarily represented by President Frank wells. Frank wells, who personally presided over the press conference, also said that he had signed a temporary agreement with Disney to extend his term of office for one year until the company completely stabilized.
Not only that, Disney also quickly appointed bill michanik, President of Disney's home entertainment department, as president of Disney studios at the press conference to take over the position of Jeffrey carsenberg and take charge of all Disney's film affairs.
When asked by reporters whether Disney would accept Vivendi group's bid, Frank Wells said very tactfully that this is something that Disney's board of directors and major shareholders need to consider. He is only responsible for taking care of the company for the time being.
Compared with Disney's firm refusal when the news just leaked some time ago, Frank Wells's stance has obviously been loosened a lot.
The next day, the federal media reported on two major events in Hollywood early in the morning.
Moreover, the two issues are still generally discussed.
most media still do not care about Dani Lise Entertainment's Universal Studios program, and all the details of the failure of Paris Disneyland have been re pulled out for two years.
However, although Michael Eisner's sudden illness caused Disney's brief confusion, Frank wells' statement at yesterday's news conference once again made the media and capital feel a certain tendency.
In the morning, a reporter from ABC television network interviewed Sid bass, the head of the bass family, the major shareholder of Disney, by telephone. Although the other side was reluctant to part with Disney shares, anyone could feel that Sid Bass's tone was not firm at all. His attitude in the interview was more like a kind of waiting for a price to sell.
Disney's previous turmoil and recession, resolutely opposed the sale of Disney's head Michael Eisner fell ill, daniresi Entertainment's Universal Studios plan to bring the strong uncertainty of Disneyland in Paris, combined with these elements, The Walt Disney Company's sale, the possibility has been higher and higher.
Then, once again, the federal media realized a problem.
We can no longer let overseas capital continue to erode our own cultural industry.
The Washington Post on Friday morning commented on this, calling on the federal government to take measures to limit overseas capital's acquisition of major Hollywood studios. The Wall Street Journal also mentioned the ban on media integration once again. At this stage, the only companies that can compete with Vivendi group and achieve synergy are the three old TV networks in the United States. Therefore, in order to prevent this acquisition, Congress must promote the lifting of the ban on media integration as soon as possible.
In the face of media calls, the White House spokesman said at the regular press conference that day that the president attaches great importance to the protection of American cultural industry. He has communicated with Congress many times before, but the final decision on this matter is still in the hands of Congress.
In his words, he repeatedly attacked the "Inaction" of some politicians in both houses of Congress.
The White House spokesman even said that when necessary, the president will ask the Justice Department to veto certain acquisitions that may affect the development of American culture.
Although the two houses of Congress are in the hands of the Democratic Party for the time being, many of the plans Clinton tried to carry out have met with nothing in Congress over the past year, and the White House and Congress have been very unhappy.
Congress, of course, is not willing to bear the White House's ridicule and will soon fight back.
The two sides immediately began to fight each other.
The protection of the cultural industry in the United States has become a topic frequently asked by the media for the candidates of the U.S. Congress who began to rush to the second half of the mid-term election.
As for when the ban on media integration will be lifted, no one has given an accurate answer.
Simon has been in San Francisco since Wednesday.
In addition to the various affairs of westero system in the Internet field, Simon mainly discussed with the core management of Cisco, AOL and igritte these days about the anti-monopoly investigation officially launched by the US Department of justice at the end of this month.
In order to prevent Congress from setting up a special investigation committee in advance against the westero system and making the U.S. Department of justice, which is responsible for the westero system, fall into a passive position, the White House has revealed in advance some time ago, and the anti-monopoly investigation against the three Internet giants Cisco AOL igritte is imperative.
During this period, Simon got the exact information again, and the investigation will start at the end of July.Since the White House has quietly revealed the time when it launched the anti-monopoly investigation, it is actually trying to form a tacit understanding with the westero system.
Simon, of course, is not too stupid to cooperate.
How to cooperate?
What the White House wants is political achievements, which is an account to the federal voters. Then, the westero system will take the initiative to deliver political achievements to the White House.
This is definitely better than the Department of justice's direct investigation into the westero system without any communication, which eventually leads to uncertain consequences.
Moreover, if we reach some tacit agreement ahead of time, the westero system can also actively cooperate to build momentum.
This time, for example, after discussion, it was determined that one of the measures to make concessions was that igrit would take the initiative to split its application software department. There is no strong complementary effect between igritte's software business and network business. Even if it is split, it will not have a great impact on the overall development of igritte.
Simon has made a similar layout for a long time.
However, in fact, it does not have much impact on igritte. However, in terms of media caliber, since we have decided to make concessions in this respect, we must exaggerate how serious damage igritte's software business and network business combination has caused to the federal Internet industry, how it will hinder the development of small enterprises, and how to split the two If necessary, how fierce was Denise Entertainment's resistance to the federal government's attempt to split the two businesses.
With this momentum, when the two business departments are finally split, the media and the public will get great psychological satisfaction when they see a super Internet oligarch split into two under the strong anti-monopoly investigation of the federal government, and the same kind of new technology enterprises who do not know the truth will think that their spring is finally coming.
The White House's approval rating will climb further.
The westero system can also avoid igritte's bloated management.
We all get what we get, and we all enjoy ourselves.
In addition to igritte, AOL and Cisco will also make some concessions in this antitrust investigation.
AOL will voluntarily give up the 10-year exclusive contract signed with the three major operators. Cisco will also promise to limit the proportion of equipment provided to AOL and other operators to a certain range, leaving a certain market share for small enterprises in the United States.
Simon, of course, is not stupid enough to agree to the various conditions of the Department of justice in three or five months.
These concessions will take at least one or two years or even longer to be determined through anti-monopoly investigation, and the final implementation will be more protracted.
So until Friday.
July 22, 9 a.m.
Simon personally went to an office building in downtown Palo Alto, not too far from igritte's headquarters, to attend the launch ceremony of instagram, a website run by D girl.
After three months of development preparation and internal testing, instagram, a picture sharing website, was officially launched today.
The final design style of the website is very similar to instagram in Simon's memory. It is a "photo wall" that is extremely simple in many people's eyes. Among the girls who participated in instagram's angel investment led by Simon, there are many worries about whether the website is too simple or not, but Simon has no such worries.
Easy to use is one of the core characteristics of the success of many Internet enterprises. What's more, the simple layout does not mean the lack of website functions.
Google in memory is a typical example of the simple style of the Internet.
What's more, for instagram, the most important thing is the users and rich content resources. Without these, no matter how colorful the website is, it will not help.
Please report us if you find any errors so we can fix it asap!
The news that Disney chairman and CEO Michael Eisner had a heart attack and fell into a coma and that Denise entertainment group was about to set up a movie theme park in Europe quickly fermented on Thursday.
although there are only three Disney executives in the scene, some media are directly related to the two things. Michael Eisner is probably suffering from heart disease because he heard that Danny rice is going to build the bad news of Universal Studios in Europe.
During this period of time, because of a series of events, such as Jeffrey carsenberg falling out with Michael Eisner, Disney president Frank wells is about to retire, Vivendi group's acquisition of Disney Company and so on, Disney still gained a lot of media space under the news hot spot of Denise entertainment listing.
Disney's internal turmoil and several years of performance recession have led to the federal media and Wall Street's continuous decline of the Hollywood studio.
's vividi group's intention to buy The Walt Disney Company news was a revelation, which led to a wave of share price rebound. The company's share price began to fall again on Thursday, when Eisner's heart attack and Denis rice Entertainment's European Universal Studios program were exposed.
Of course, the focus of many media and capital is still danilisi entertainment.
Disneyland in Paris is already a disaster like existence. It is not easy for such a theme park to even file for bankruptcy. For the investment of billions of dollars in the early stage and the employment of tens of thousands of employees, this theme park can only survive in continuous losses.
With such a bad case in front of us, is danilisi entertainment going to repeat it?
Danielis entertainment, which has just completed its IPO, is rich and powerful. We all know that, but no matter how much money there is, it can't be used to float away.
However, there are also people on the side of Denise's entertainment.
As mark Belford, vice president of Denise's global operations, said in the article of Hollywood Reporter, the overall scale of the European film market is far larger than that of Japan. The establishment of theme parks in Europe is very conducive to further promoting and deepening the corporate brand of Denise's entertainment.
The potential advertising effect of the theme park entertaining tens of millions of tourists every year is definitely beyond the estimation of the profit and loss of the park itself.
The reason why Disney in Simon's memory can become the leading entertainment giant in Hollywood is that Disneyland all over the world has contributed a lot to the brand value gain of the company, including Disneyland Paris, which has been losing money for decades.
Therefore, Simon has been thinking about similar plans in his mind since the opening of Disneyland in Paris in 1992.
The size of the overall film market is no less than that of the European continent in North America. There must be a theme park under Denise entertainment group. Even after the completion of Disneyland as long-term loss, this matter must also be implemented.
was only planning and completed at the time, Osaka Universal Studios. Simon did not rush to instant success to start two huge theme parks.
Now, the time has come.
Taking this opportunity to let the news out is to kill two birds with one stone to help the hesitant Disney shareholders decide to sell the company.
Universal Studios will take at least one to two years to follow. The Universal Studios in Osaka will be opened. Danireis entertainment can easily transfer the current planning team of Osaka Universal Studios to Europe.
after the exposure of the Hollywood reporter in the morning, danireth entertainment made a more detailed article in the igret portal during the day to explain the necessity of building the Universal Studios in Europe.
However, the market is still the most direct feedback on Denise Entertainment's decision.
On Thursday's trading day, Denise Entertainment's share price began to fall from the beginning of the market. By the end of the afternoon, it had dropped by 2.6%. Its market value had dropped from $117.2 billion to $114.1 billion, and $3 billion had disappeared in one day.
Denise entertainment management didn't respond much to this.
Whether in public or in private, Simon has repeatedly stressed his point of view that the operation of Denise entertainment will not be affected by short-term stock price fluctuations, but will focus on long-term planning.
If there are investors who do not recognize the business philosophy of danilisi entertainment, they can sell their shares.
With the current strength of the westero system, it's easy to privatize the entire danilisi entertainment group.
Disney, on the other hand, is in a mess.
Michael Eisner had woken up in the morning of that day. However, the heart examination results of the Disney leader were not optimistic. Because of the long-time and high-intensity work, Michael Eisner's hereditary heart disease continued to worsen. The examination results showed that the degree of multiple artery occlusion in Eisner's heart had exceeded 98%. If the operation was not carried out as soon as possible, he would not survive Year.
Moreover, because the condition is too serious, the risk of surgery is also very high.
They may even die on the operating table.Reporters gathered outside Mount Sinai Medical Center in Manhattan on the same day got Eisner's heart test results for the first time under Disney's strict guard.
Maybe most people don't quite understand the severity of artery occlusion more than 98%, but we can be sure that in the short term, Michael Eisner will not be able to re preside over Disney's work.
Disney's stock price has been slowly rising because of the news of Vivendi group's acquisition of Disney Company. With the spread of the bad news of Eisner's illness, Disney's stock price also fell 3.3% on Thursday, and its market value fell from $6.9 billion to $6.6 billion.
In the evening, Disney finally held a news conference to inform Michael Eisner of his illness, and then announced that the management of Disney company would be temporarily represented by President Frank wells. Frank wells, who personally presided over the press conference, also said that he had signed a temporary agreement with Disney to extend his term of office for one year until the company completely stabilized.
Not only that, Disney also quickly appointed bill michanik, President of Disney's home entertainment department, as president of Disney studios at the press conference to take over the position of Jeffrey carsenberg and take charge of all Disney's film affairs.
When asked by reporters whether Disney would accept Vivendi group's bid, Frank Wells said very tactfully that this is something that Disney's board of directors and major shareholders need to consider. He is only responsible for taking care of the company for the time being.
Compared with Disney's firm refusal when the news just leaked some time ago, Frank Wells's stance has obviously been loosened a lot.
The next day, the federal media reported on two major events in Hollywood early in the morning.
Moreover, the two issues are still generally discussed.
most media still do not care about Dani Lise Entertainment's Universal Studios program, and all the details of the failure of Paris Disneyland have been re pulled out for two years.
However, although Michael Eisner's sudden illness caused Disney's brief confusion, Frank wells' statement at yesterday's news conference once again made the media and capital feel a certain tendency.
In the morning, a reporter from ABC television network interviewed Sid bass, the head of the bass family, the major shareholder of Disney, by telephone. Although the other side was reluctant to part with Disney shares, anyone could feel that Sid Bass's tone was not firm at all. His attitude in the interview was more like a kind of waiting for a price to sell.
Disney's previous turmoil and recession, resolutely opposed the sale of Disney's head Michael Eisner fell ill, daniresi Entertainment's Universal Studios plan to bring the strong uncertainty of Disneyland in Paris, combined with these elements, The Walt Disney Company's sale, the possibility has been higher and higher.
Then, once again, the federal media realized a problem.
We can no longer let overseas capital continue to erode our own cultural industry.
The Washington Post on Friday morning commented on this, calling on the federal government to take measures to limit overseas capital's acquisition of major Hollywood studios. The Wall Street Journal also mentioned the ban on media integration once again. At this stage, the only companies that can compete with Vivendi group and achieve synergy are the three old TV networks in the United States. Therefore, in order to prevent this acquisition, Congress must promote the lifting of the ban on media integration as soon as possible.
In the face of media calls, the White House spokesman said at the regular press conference that day that the president attaches great importance to the protection of American cultural industry. He has communicated with Congress many times before, but the final decision on this matter is still in the hands of Congress.
In his words, he repeatedly attacked the "Inaction" of some politicians in both houses of Congress.
The White House spokesman even said that when necessary, the president will ask the Justice Department to veto certain acquisitions that may affect the development of American culture.
Although the two houses of Congress are in the hands of the Democratic Party for the time being, many of the plans Clinton tried to carry out have met with nothing in Congress over the past year, and the White House and Congress have been very unhappy.
Congress, of course, is not willing to bear the White House's ridicule and will soon fight back.
The two sides immediately began to fight each other.
The protection of the cultural industry in the United States has become a topic frequently asked by the media for the candidates of the U.S. Congress who began to rush to the second half of the mid-term election.
As for when the ban on media integration will be lifted, no one has given an accurate answer.
Simon has been in San Francisco since Wednesday.
In addition to the various affairs of westero system in the Internet field, Simon mainly discussed with the core management of Cisco, AOL and igritte these days about the anti-monopoly investigation officially launched by the US Department of justice at the end of this month.
In order to prevent Congress from setting up a special investigation committee in advance against the westero system and making the U.S. Department of justice, which is responsible for the westero system, fall into a passive position, the White House has revealed in advance some time ago, and the anti-monopoly investigation against the three Internet giants Cisco AOL igritte is imperative.
During this period, Simon got the exact information again, and the investigation will start at the end of July.Since the White House has quietly revealed the time when it launched the anti-monopoly investigation, it is actually trying to form a tacit understanding with the westero system.
Simon, of course, is not too stupid to cooperate.
How to cooperate?
What the White House wants is political achievements, which is an account to the federal voters. Then, the westero system will take the initiative to deliver political achievements to the White House.
This is definitely better than the Department of justice's direct investigation into the westero system without any communication, which eventually leads to uncertain consequences.
Moreover, if we reach some tacit agreement ahead of time, the westero system can also actively cooperate to build momentum.
This time, for example, after discussion, it was determined that one of the measures to make concessions was that igrit would take the initiative to split its application software department. There is no strong complementary effect between igritte's software business and network business. Even if it is split, it will not have a great impact on the overall development of igritte.
Simon has made a similar layout for a long time.
However, in fact, it does not have much impact on igritte. However, in terms of media caliber, since we have decided to make concessions in this respect, we must exaggerate how serious damage igritte's software business and network business combination has caused to the federal Internet industry, how it will hinder the development of small enterprises, and how to split the two If necessary, how fierce was Denise Entertainment's resistance to the federal government's attempt to split the two businesses.
With this momentum, when the two business departments are finally split, the media and the public will get great psychological satisfaction when they see a super Internet oligarch split into two under the strong anti-monopoly investigation of the federal government, and the same kind of new technology enterprises who do not know the truth will think that their spring is finally coming.
The White House's approval rating will climb further.
The westero system can also avoid igritte's bloated management.
We all get what we get, and we all enjoy ourselves.
In addition to igritte, AOL and Cisco will also make some concessions in this antitrust investigation.
AOL will voluntarily give up the 10-year exclusive contract signed with the three major operators. Cisco will also promise to limit the proportion of equipment provided to AOL and other operators to a certain range, leaving a certain market share for small enterprises in the United States.
Simon, of course, is not stupid enough to agree to the various conditions of the Department of justice in three or five months.
These concessions will take at least one or two years or even longer to be determined through anti-monopoly investigation, and the final implementation will be more protracted.
So until Friday.
July 22, 9 a.m.
Simon personally went to an office building in downtown Palo Alto, not too far from igritte's headquarters, to attend the launch ceremony of instagram, a website run by D girl.
After three months of development preparation and internal testing, instagram, a picture sharing website, was officially launched today.
The final design style of the website is very similar to instagram in Simon's memory. It is a "photo wall" that is extremely simple in many people's eyes. Among the girls who participated in instagram's angel investment led by Simon, there are many worries about whether the website is too simple or not, but Simon has no such worries.
Easy to use is one of the core characteristics of the success of many Internet enterprises. What's more, the simple layout does not mean the lack of website functions.
Google in memory is a typical example of the simple style of the Internet.
What's more, for instagram, the most important thing is the users and rich content resources. Without these, no matter how colorful the website is, it will not help.
The news that Disney chairman and CEO Michael Eisner had a heart attack and fell into a coma and that Denise entertainment group was about to set up a movie theme park in Europe quickly fermented on Thursday. although there are only three Disney executives in the scene, some media are directly related to the two things. Michael Eisner is probably suffering from heart disease because he heard that Danny rice is going to build the bad news of Universal Studios in Europe. During this period of time, because of a series of events, such as Jeffrey carsenberg falling out with Michael Eisner, Disney president Frank wells is about to retire, Vivendi group's acquisition of Disney Company and so on, Disney still gained a lot of media space under the news hot spot of Denise entertainment listing. Disney's internal turmoil and several years of performance recession have led to the federal media and Wall Street's continuous decline of the Hollywood studio. 's vividi group's intention to buy The Walt Disney Company news was a revelation, which led to a wave of share price rebound. The company's share price began to fall again on Thursday, when Eisner's heart attack and Denis rice Entertainment's European Universal Studios program were exposed. Of course, the focus of many media and capital is still danilisi entertainment. Disneyland in Paris is already a disaster like existence. It is not easy for such a theme park to even file for bankruptcy. For the investment of billions of dollars in the early stage and the employment of tens of thousands of employees, this theme park can only survive in continuous losses. With such a bad case in front of us, is danilisi entertainment going to repeat it? Danielis entertainment, which has just completed its IPO, is rich and powerful. We all know that, but no matter how much money there is, it can't be used to float away. However, there are also people on the side of Denise's entertainment. As mark Belford, vice president of Denise's global operations, said in the article of Hollywood Reporter, the overall scale of the European film market is far larger than that of Japan. The establishment of theme parks in Europe is very conducive to further promoting and deepening the corporate brand of Denise's entertainment. The potential advertising effect of the theme park entertaining tens of millions of tourists every year is definitely beyond the estimation of the profit and loss of the park itself. The reason why Disney in Simon's memory can become the leading entertainment giant in Hollywood is that Disneyland all over the world has contributed a lot to the brand value gain of the company, including Disneyland Paris, which has been losing money for decades. Therefore, Simon has been thinking about similar plans in his mind since the opening of Disneyland in Paris in 1992. The size of the overall film market is no less than that of the European continent in North America. There must be a theme park under Denise entertainment group. Even after the completion of Disneyland as long-term loss, this matter must also be implemented. was only planning and completed at the time, Osaka Universal Studios. Simon did not rush to instant success to start two huge theme parks. Now, the time has come. Taking this opportunity to let the news out is to kill two birds with one stone to help the hesitant Disney shareholders decide to sell the company. Universal Studios will take at least one to two years to follow. The Universal Studios in Osaka will be opened. Danireis entertainment can easily transfer the current planning team of Osaka Universal Studios to Europe. after the exposure of the Hollywood reporter in the morning, danireth entertainment made a more detailed article in the igret portal during the day to explain the necessity of building the Universal Studios in Europe. However, the market is still the most direct feedback on Denise Entertainment's decision. On Thursday's trading day, Denise Entertainment's share price began to fall from the beginning of the market. By the end of the afternoon, it had dropped by 2.6%. Its market value had dropped from $117.2 billion to $114.1 billion, and $3 billion had disappeared in one day. Denise entertainment management didn't respond much to this. Whether in public or in private, Simon has repeatedly stressed his point of view that the operation of Denise entertainment will not be affected by short-term stock price fluctuations, but will focus on long-term planning. If there are investors who do not recognize the business philosophy of danilisi entertainment, they can sell their shares. With the current strength of the westero system, it's easy to privatize the entire danilisi entertainment group. Disney, on the other hand, is in a mess. Michael Eisner had woken up in the morning of that day. However, the heart examination results of the Disney leader were not optimistic. Because of the long-time and high-intensity work, Michael Eisner's hereditary heart disease continued to worsen. The examination results showed that the degree of multiple artery occlusion in Eisner's heart had exceeded 98%. If the operation was not carried out as soon as possible, he would not survive Year. Moreover, because the condition is too serious, the risk of surgery is also very high. They may even die on the operating table.Reporters gathered outside Mount Sinai Medical Center in Manhattan on the same day got Eisner's heart test results for the first time under Disney's strict guard. Maybe most people don't quite understand the severity of artery occlusion more than 98%, but we can be sure that in the short term, Michael Eisner will not be able to re preside over Disney's work. Disney's stock price has been slowly rising because of the news of Vivendi group's acquisition of Disney Company. With the spread of the bad news of Eisner's illness, Disney's stock price also fell 3.3% on Thursday, and its market value fell from $6.9 billion to $6.6 billion. In the evening, Disney finally held a news conference to inform Michael Eisner of his illness, and then announced that the management of Disney company would be temporarily represented by President Frank wells. Frank wells, who personally presided over the press conference, also said that he had signed a temporary agreement with Disney to extend his term of office for one year until the company completely stabilized. Not only that, Disney also quickly appointed bill michanik, President of Disney's home entertainment department, as president of Disney studios at the press conference to take over the position of Jeffrey carsenberg and take charge of all Disney's film affairs. When asked by reporters whether Disney would accept Vivendi group's bid, Frank Wells said very tactfully that this is something that Disney's board of directors and major shareholders need to consider. He is only responsible for taking care of the company for the time being. Compared with Disney's firm refusal when the news just leaked some time ago, Frank Wells's stance has obviously been loosened a lot. The next day, the federal media reported on two major events in Hollywood early in the morning. Moreover, the two issues are still generally discussed. most media still do not care about Dani Lise Entertainment's Universal Studios program, and all the details of the failure of Paris Disneyland have been re pulled out for two years. However, although Michael Eisner's sudden illness caused Disney's brief confusion, Frank wells' statement at yesterday's news conference once again made the media and capital feel a certain tendency. In the morning, a reporter from ABC television network interviewed Sid bass, the head of the bass family, the major shareholder of Disney, by telephone. Although the other side was reluctant to part with Disney shares, anyone could feel that Sid Bass's tone was not firm at all. His attitude in the interview was more like a kind of waiting for a price to sell. Disney's previous turmoil and recession, resolutely opposed the sale of Disney's head Michael Eisner fell ill, daniresi Entertainment's Universal Studios plan to bring the strong uncertainty of Disneyland in Paris, combined with these elements, The Walt Disney Company's sale, the possibility has been higher and higher. Then, once again, the federal media realized a problem. We can no longer let overseas capital continue to erode our own cultural industry. The Washington Post on Friday morning commented on this, calling on the federal government to take measures to limit overseas capital's acquisition of major Hollywood studios. The Wall Street Journal also mentioned the ban on media integration once again. At this stage, the only companies that can compete with Vivendi group and achieve synergy are the three old TV networks in the United States. Therefore, in order to prevent this acquisition, Congress must promote the lifting of the ban on media integration as soon as possible. In the face of media calls, the White House spokesman said at the regular press conference that day that the president attaches great importance to the protection of American cultural industry. He has communicated with Congress many times before, but the final decision on this matter is still in the hands of Congress. In his words, he repeatedly attacked the "Inaction" of some politicians in both houses of Congress. The White House spokesman even said that when necessary, the president will ask the Justice Department to veto certain acquisitions that may affect the development of American culture. Although the two houses of Congress are in the hands of the Democratic Party for the time being, many of the plans Clinton tried to carry out have met with nothing in Congress over the past year, and the White House and Congress have been very unhappy. Congress, of course, is not willing to bear the White House's ridicule and will soon fight back. The two sides immediately began to fight each other. The protection of the cultural industry in the United States has become a topic frequently asked by the media for the candidates of the U.S. Congress who began to rush to the second half of the mid-term election. As for when the ban on media integration will be lifted, no one has given an accurate answer. Simon has been in San Francisco since Wednesday. In addition to the various affairs of westero system in the Internet field, Simon mainly discussed with the core management of Cisco, AOL and igritte these days about the anti-monopoly investigation officially launched by the US Department of justice at the end of this month. In order to prevent Congress from setting up a special investigation committee in advance against the westero system and making the U.S. Department of justice, which is responsible for the westero system, fall into a passive position, the White House has revealed in advance some time ago, and the anti-monopoly investigation against the three Internet giants Cisco AOL igritte is imperative. During this period, Simon got the exact information again, and the investigation will start at the end of July.Since the White House has quietly revealed the time when it launched the anti-monopoly investigation, it is actually trying to form a tacit understanding with the westero system. Simon, of course, is not too stupid to cooperate. How to cooperate? What the White House wants is political achievements, which is an account to the federal voters. Then, the westero system will take the initiative to deliver political achievements to the White House. This is definitely better than the Department of justice's direct investigation into the westero system without any communication, which eventually leads to uncertain consequences. Moreover, if we reach some tacit agreement ahead of time, the westero system can also actively cooperate to build momentum. This time, for example, after discussion, it was determined that one of the measures to make concessions was that igrit would take the initiative to split its application software department. There is no strong complementary effect between igritte's software business and network business. Even if it is split, it will not have a great impact on the overall development of igritte. Simon has made a similar layout for a long time. However, in fact, it does not have much impact on igritte. However, in terms of media caliber, since we have decided to make concessions in this respect, we must exaggerate how serious damage igritte's software business and network business combination has caused to the federal Internet industry, how it will hinder the development of small enterprises, and how to split the two If necessary, how fierce was Denise Entertainment's resistance to the federal government's attempt to split the two businesses. With this momentum, when the two business departments are finally split, the media and the public will get great psychological satisfaction when they see a super Internet oligarch split into two under the strong anti-monopoly investigation of the federal government, and the same kind of new technology enterprises who do not know the truth will think that their spring is finally coming. The White House's approval rating will climb further. The westero system can also avoid igritte's bloated management. We all get what we get, and we all enjoy ourselves. In addition to igritte, AOL and Cisco will also make some concessions in this antitrust investigation. AOL will voluntarily give up the 10-year exclusive contract signed with the three major operators. Cisco will also promise to limit the proportion of equipment provided to AOL and other operators to a certain range, leaving a certain market share for small enterprises in the United States. Simon, of course, is not stupid enough to agree to the various conditions of the Department of justice in three or five months. These concessions will take at least one or two years or even longer to be determined through anti-monopoly investigation, and the final implementation will be more protracted. So until Friday. July 22, 9 a.m. Simon personally went to an office building in downtown Palo Alto, not too far from igritte's headquarters, to attend the launch ceremony of instagram, a website run by D girl. After three months of development preparation and internal testing, instagram, a picture sharing website, was officially launched today. The final design style of the website is very similar to instagram in Simon's memory. It is a "photo wall" that is extremely simple in many people's eyes. Among the girls who participated in instagram's angel investment led by Simon, there are many worries about whether the website is too simple or not, but Simon has no such worries. Easy to use is one of the core characteristics of the success of many Internet enterprises. What's more, the simple layout does not mean the lack of website functions. Google in memory is a typical example of the simple style of the Internet. What's more, for instagram, the most important thing is the users and rich content resources. Without these, no matter how colorful the website is, it will not help.
